News

The carbon capture and storage (CSS) technology that has been established for years is used to primarily store the carbon dioxide generated from power plants and factories in deep underground in order to avoid excessive emission of the gas, and now Australian scientists have also introduced a “greener” carbon capture method that not only stores carbon dioxide within water, but also derives functional byproducts such as hydrogen and calcium carbonate (CaCO3) through solar and wind energy at the same time. ...  more

ACWA Power, a Saudi developer of energy and desalination projects, announced on April 7 that it has finalized its agreement with the Egyptian government to build the 200MW Kom Ombo PV power plant. At a virtual event, both parties signed a 25-year PPA and a network connection contract. The attendees were the representatives from ACWA, the Egyptian Electricity Transmission Company (EETC), and Egypt’s New and Renewable Energy Authority. ...  more

French renewable project developer Voltalia stated via a press release that it has secured a new 100MW solar tender from Albania. The tendered project is named Spitalla and will be located in the city of Durrës on the coast of the Adriatic Sea. This is the second Albanian solar project captured by the company in less than a year. Last August, the Albanian government entered into agreement with Voltalia to build a 140MW solar park at the edge of the Karavasta Lagoon. ...  more

As the global market sustained the severe impact from the COVID-19 pandemic during 2020, Taya managed to expand its business territory, and produced a combined revenue of NT$18.3 billion, alongside a new high in earnings per share (EPS) at NT$1.45. Looking ahead to the future, Ryan Shen, Chairman of Taya Group, commented that the company’s revenue has been relatively affected by the international copper price, which exceeded US$9,000/ton prior to Chinese New Year, and is expected to surpass NT$20 billion, while the profit is anticipated to march towards NT$1 billion. ...  more

Replacing fossil fuel vehicles of internal combustion engines with electric vehicles has become an apparent tendency, where many have started to target at transportation outside of vehicles, including electric boats and planes, and believe that fully electrified transports are on the horizon, which means that engines that utilize fossil fuel are marching towards the end. However, major aircraft engine manufacturer Rolls-Royce believes otherwise. ...  more