Klear Energy ’s Post

Last week (July 27-30), I had the opportunity to be one of the 30 participants in the Visayas regional in-person sessions of "REalTalk: A Movement Building Workshop on Renewable Energy" at Ormoc City, Leyte. REalTalk, which is a training program organized by The Climate Reality Project Philippines in partnership with AktivAsia Philippines, aims to raise energy literacy and build a movement on just transition to renewable energy (RE). I have met a lot of like-minded individuals from different walks of life. Learning from each other's ideas and experiences made the discussions and campaigns more engaging and meaningful as we share one common goal: a just transition to RE (in the country). As computer scientist Tim Berners-Lee once said: "We need diversity of thought in the world to face new challenges." The workshop concluded with a site visit at the Tongonan Geothermal Power Plant (TGPP), which is a registered RE supplier under Green Core Geothermal Inc. Prior to the in-person REalTalk training, a 3-day virtual session was held via Zoom. From there, I learned about the country's energy sector, power mix, and policies; the different components of our electricity bill and the factors contributing to high power costs; the policies and programs, and different types of renewable energy (RE) in the Philippines; and the opportunities and benefits of switching to GEOP. - - - - - - - - - - - - - - - - - - - - - - - Here are a few things that I wanted to highlight from the workshop: - Majority of the country's power generation are made up of imported fossil fuels (coal, oil, gas). The vulnerability of fossil fuels to global market price volatility, high importation costs, and continuing power outages add to the burden of the generation expenses that consumers have to bear. - Getting power from RE sources could reduce electricity rates by 30%. - Pursuant to Republic Act No. 9513 of 2008 or the RE Act, GEOP was created as a mechanism to empower eligible consumers to source 100% power from RE. - The good news is: Consumers do NOT need to install their own RE systems (i.e., solar PVs). This means that they do not need to spend huge capital cost to switch to green energy sources. - Entities such as Globe Telecom and Arthaland's Arya Residences have reduced their electricity cost by at least 10% since switching to RE through GEOP. - With enough savings that they could generate through GEOP, both private and public entities such as local government units (LGUs) and colleges/universities can utilize this program as a stepping stone towards other sustainable projects. - The Climate Reality Project Philippines continues to engage with Pasig City and Ormoc City to be the first LGUs to participate in GEOP. Important note: Switching from fossil fuels to renewables could save a lot more than just on our electricity bills. It is crucial for climate action. #MurangKuryente #LeadOnClimate #ClimateRealityPH

🌞 Global Silver-Based HJT Solar Cell Market Research Report🌐 The global HJT (Heterojunction) Solar Cell market was estimated to be worth USD 1180.8 million in 2022 and is projected to grow to USD 34110 million by 2029, at a CAGR of 53.5% over the forecast period of 2023-2029. Download a Free Sample Report: https://lnkd.in/dqsH7GiJ #ByTopCompany: Panasonic | GS SOLAR LTD | REC | Jinneng Group Co,. Ltd. | Huasun Energy | AKCOME | TW-Solar | LONGi Solar Green Energy Technology Co.,ltd. | Risen Energy | Enel Green Power (3SUN) | Meyer Burger Technology AG | Hevel Group | EcoSolifer Kft | Heliene | Canadian Solar Inc. | Shanghai JA Solar PV Technology Co., Ltd. | GCL System Integration Technology Co.,Ltd. | Shandong Quanwei(Guangdong Guoli Sci&Tech Co.,Ltd.) As the world embraces sustainable energy solutions, the spotlight turns to Silver-Based Heterojunction (HJT) solar cells. These cutting-edge technologies are revolutionizing the solar industry, offering higher efficiency and durability than traditional cells. Here’s a glimpse into this transformative market: 🔍 #MarketInsights: The global demand for clean energy sources propels the growth of the Silver-Based HJT solar cell market. With advancements in efficiency and cost-effectiveness, these cells are reshaping the renewable energy landscape. 📈 #RisingEfficiency: Silver-Based HJT cells boast impressive efficiency rates, maximizing power generation per square meter. Their innovative design combines the best of multiple materials, enhancing performance and durability. 💡 #DrivingSustainability: These solar cells align with sustainability goals, minimizing environmental impact while meeting increasing energy demands. Their eco-friendly nature marks a significant step towards a greener future. 🌐 #GlobalImpact: From Asia-Pacific’s rapid adoption to Europe’s push for renewable energy, the global market for Silver-Based HJT solar cells is witnessing remarkable traction, offering immense potential for growth and development. 🔬 #ContinuousInnovation: Ongoing research and development aim to further enhance efficiency, reduce production costs, and broaden applications, promising a brighter and more sustainable future powered by solar energy. Stringent Datalytics #SolarTechnology #RenewableEnergy #CleanTech #HJTSolarCells #Sustainability #SolarInnovation #GreenEnergy #FutureOfEnergy #SolarPower #EnergyEfficiency #ClimateAction #TechInnovation #GreenTech #SolarIndustry #EcoFriendly #HJTHeterojunctionSolarCell #marketresearchreport

Floating Solar Market Will Grow at CAGR of 29.80% By 2032: The global floating solar market size was exhibited at USD 4 billion in 2022 and is anticipated to reach around USD 54.09 billion by 2032, growing at a CAGR of 29.80% from 2023 to 2032. Market Overview Floating solar panels, also known as floating photovoltaic (FPV) systems, represent an innovative method of harnessing solar energy by installing solar panels on the surface of bodies of water such as oceans, lakes, reservoirs, canals, and irrigation ponds. With an increasing number of countries pledging to achieve competitive solar and broader renewable energy targets, adopting FPV becomes pivotal in achieving these ambitious goals. A notable trend in the global market is the rise of solar-tracking floating panels, which are expected to grow in value.  Floating solar panels are gaining traction as a cost-effective alternative to land-based photovoltaic systems, as the presence of water in the systems enhances the efficiency of solar modules, which is particularly valuable in hot climates and presents opportunities globally. They play a crucial role in the ongoing energy transition by offering a viable solution for solar markets encountering challenges with traditional photovoltaic (PV) applications.  Also, installing floating solar panels in a reservoir can decrease annual water evaporation losses. A recent study in the International Journal for Innovative Research in Science and Technology highlighted the effectiveness of floating solar photovoltaics in large reservoirs. The system has the potential to significantly decrease evaporation losses by up to 70%, simultaneously providing shade to shield the water from direct sunlight. Companies in the floating solar industry express optimism regarding the global expansion of large-scale projects. They are mainly focused on utility-scale floating solar plants, anticipating a significant impact on reducing fossil fuel imports worldwide and saving countries money in foreign currencies. However, the success of floating solar plants hinges on meticulous site selection. Businesses should thoroughly understand the geography of the waterbed to ensure suitability for anchoring floats. Anchoring is essential to mitigate the risk of solar islands colliding with banks or being displaced during storms by evenly distributing the loads caused by wind and waves. https://lnkd.in/gpbg-Txp

Interested in the energy industry trends in #SouthEastAsia?: please see Petteri’s summary. Great to see the growing team both in #engineering as well as in #ManagementConsulting. Quite a few of the projects mentioned play to the strength if AFRY, namely the seemless collaboration of engineering and consulting. Please reach out to Petteri Harkki for our technical services and to Matt Heling for market analysis and to Shivesh Tyagi for strategy and transaction advisory in the region. #MakingFuture