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LYASKOVETS, Bulgaria, Oct. 18, 2024 /PRNewswire/ -- SERMATEC, a pioneer in renewable energy solutions, has launched an innovative 5.1MW/17.8MWh commercial and industrial energy storage system in Bulgaria. This groundbreaking project is set to transform the local energy landscape by enhancing solar power efficiency and supporting economic growth. Our client, who operates a photovoltaic plant, was facing significant challenges due to excess solar power generation without adequate storage capabilities. This resulted in wasted electricity during the day, forcing them to purchase power from the grid at night. To address the supply and demand imbalance caused by this overproduction, our solutions not only help prevent negative pricing associated with excess generation but also enable customers to actively engage in electricity market trading. With a capacity to store over 6.5 million kWh annually, the system ensures a more balanced and economically viable energy ecosystem. At the core of our innovation are 48 units SERMATEC EasyCube Series 372kWh Energy Storage Systems. This cabinet-style solution enhances spatial efficiency and ensures operational flexibility, setting a new standard in energy storage. Each component is the result of meticulous design and manufacturing, reflecting our commitment to excellence. Powered by advanced 3.2V 280Ah LFP batteries, our system is not only safe and reliable but also boasts a conversion efficiency of up to 99% and a design life exceeding 15 years. This is more than a storage solution; it's a testament to our pursuit of engineering excellence. This project alleviates solar overgeneration and propelling the region towards green, low-carbon development. This project uses SERMATEC's self-developed EMS system, integrating PV power generation to achieve self-consumption of solar and energy storage. The EMS not only stores excess solar energy but also manages peak and off-peak energy usage. We further enhanced the control based on the cloud platform, ensuring that our customers can monitor the operation of the energy storage plant in real time. This project employs the BMS system independently developed by SERMATEC. With an intelligent management plan, it ensures the safety of the energy storage batteries while extending their service life, helping customers achieve efficient use of energy. At SERMATEC, we're not just building projects—we're building a sustainable energy future. Join us in Bulgaria and beyond as we make this vision a reality. Source: SERMATECinfo@sermatec-ess.com en.sermatec-ess.com
METRO MANILA, Philippines, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Nexif Ratch Energy, a leading independent power producer focused on renewable energy solutions, is thrilled to announce the financial close of its 145MWp Bacolod Solar Power Project, its second solar power project in the Philippines. The Bacolod Solar Power Project, developed by Negros PH Solar Inc, is located across Bacolod City and Bago City in the Negros Occidental province. It is a 145 MWp ground-mounted solar photovoltaic project that will connect to NGCP’s Bacolod Substation and can potentially power to up to 52,600 households. Majority of its output will be sold through a 10-year Power Supply Agreement to a subsidiary of Aboitiz Power Corporation, with the remainder to the Wholesale Electricity Spot Market. The project investment of more than US$100m is funded by equity from Nexif Ratch Energy and project finance facilities from Security Bank Corporation and Philippine National Bank on a limited recourse basis, with SB Capital Investment Corporation acting as the Mandated Lead Arranger and Bookrunner and PNB Capital and Investment Corporation acting as Arranger. Construction is set to begin in October 2024, with the goal of achieving commercial operations by Q4 2025. Focus is now on an expansion on the existing site, through increased solar PV capacity of up to 20 MW and a Battery Energy Storage System. Beyond its Calabanga and Bacolod solar projects, Nexif Ratch Energy is developing wind energy projects including the San Miguel Bay Project, a nearshore wind project with a capacity of up to 500 MW and the Lucena Project, an offshore wind project with a capacity of up to 475 MW. Mr Surender Singh, Chairman of Nexif Ratch Energy, said “The successful financial close of our 145MWp Bacolod Solar Farm highlights the exceptional collaboration with our partners and the dedication of our local development team. We are excited to bring this project into construction. This Financial Close, in quick succession to start of commercial operations of Calabanga Solar project and rapid progress that more than 900 MW of the wind projects, showcase our commitment to Philippine renewable energy.” Mr. Sakarin Tangkavachiranon, Director of Nexif Ratch Energy, added: “Reaching financial close for the 145 MWp NPSI solar project is a key milestone in our growth in the Philippines. This achievement, along with the start of commercial operations for our CARE solar project, lays a strong foundation for accelerating the development of our offshore wind projects in the country.” For more information, please visit www.nexifratch.com. About Nexif Ratch Energy: Nexif Ratch Energy is a renewable energy company that originates, acquires, develops, constructs, and operates power projects in the Asia Pacific region. Headquartered in Singapore with regional offices across Southeast Asia, the Company has a 298 MW portfolio of operating and under construction hydro, solar and wind assets and a development pipeline of wind, solar, and energy storage projects totaling 3.5 GW. Nexif Ratch Energy is owned 51% by Nexif Energy (Singapore) and 49% by RATCH Group (Thailand). Media Contact:Chariya PoopisitNexif Ratch EnergyCommunications@nexifratch.com
PATTANI, Thailand, Sept. 9, 2024 /PRNewswire/ -- LONGi, a world-renowned solar panel manufacturer, has partnered with Smart Solar Corporation Co., Ltd. to install solar modules at Fatoni University in Thailand, helping the university to embrace sustainable development energy solutions to meet their growing energy needs. Fatoni University, renowned for its programs in business, engineering, information technology, and education, has earned the trust of local residents for its high-quality education and innovative teaching methods. However, like many higher education institutions, Fatoni University is grappling with rising electricity costs while striving to maintain its high standards of education. To counter rising operating costs, Fatoni University turned to Hi-MO X6 solar panels, known for their efficient power generation, superior reliability, and excellent humidity resistance. The shift to solar power has been a resounding success for Fatoni University. The newly installed solar system generates a total output of 563,921 kWh, resulting in monthly savings of approximately THB 194,060 (USD 5,390) and a total of THB 2,650,430 (USD 73,623) over 13 months. The environmental impact has been equally significant, with a reduction in carbon emissions by 268 tons to date. These savings allow Fatoni University to allocate more resources to campus construction and educational investments, thereby enhancing the learning experience for students. This cooperation with Fatoni University marks another successful implementation of LONGi's HPBC technology in the overseas market. Moving forward, LONGi is committed to supporting academic institutions in accelerating their transition to green energy. About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com
KOH LIPE ISLAND, Thailand, Aug. 20, 2024 /PRNewswire/ -- Nestled in the southern Andaman Sea of Thailand, Koh Lipe Island boasts the Akira Lipe Resort, where LONGi Hi-MO X6 solar panels gleam on the rooftop, harnessing the sun's energy in this enchanting paradise. Like many remote islands, Koh Lipe struggles with an unstable power supply. Though connected to Thailand's power grid, the island experiences frequent outages due to maintenance issues, severe storms, and system overloads. In light of these power interruptions, Akira Lipe Resort has faced challenges in maintaining a stable power supply. During peak tourism seasons, surging electricity demands result in frequent voltage fluctuations and blackouts, compromising the visitor experience. To ensure reliable electricity for its guests while reducing reliance on generators and cutting energy costs, the hotel opted to install LONGi Hi-MO X6 solar panels after careful consideration of various options, following the recommendation of Smart Solar Corporation Co., Ltd. Hi-MO X6 panels excel in low-light conditions and demonstrate exceptional resilience against the heat and humidity of Koh Lipe. By efficiently converting natural light to electrical energy, the resort now enjoys a stable and sustainable power supply, alleviating previous electricity concerns and significantly reducing energy costs. To date, the panels have generated 550,000 kWh of electricity, meeting most of the resort's power needs and saving $33,000 monthly on electric bills, totaling an annual savings of $400,000. The environmental impact is also impressive, with a reduction in carbon emissions by 258 tons annually. Under the mission of "To make the best of solar energy to build a green world", LONGi continues to support sustainable power solutions for islands worldwide, integrating solar power with ecotourism to promote sustainable island living. About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com
BORTALA, China, Aug. 20, 2024 /PRNewswire/ -- As of August 13th, the heat absorption tower of the 100,000-kilowatt heat storage-based concentrating solar power project of Xinhua Power Generation in Bortala Prefecture has completed pouring, and the 900,000-kilowatt photovoltaic power generation and two booster stations are ready for operation. To fully provide grid connection services for the new energy industry, the State Grid Bortala Power Supply Company has held many symposiums and access scheme review meetings, comprehensively optimized the access scheme, reasonably arranged the power outage and connection plans, and fully promoted the construction of the transmission project. Relying on the Communist Party Member Service Team, a "one-stop" service workstation for new energy grid connection of the Bortala Power Grid was established, and an internal and external responsible person mechanism was established to assign the responsibility for grid connection services to individuals, implement "one-on-one" tracking services, timely follow up the project progress, and guide and solve the problems encountered by new energy stations in the grid connection process. The grid connection business process was optimized, and the "online and offline" synchronous processing mode was used to achieve the goal of "getting it done once". Up to now, the company has completed the preliminary acceptance of two booster stations and provided written feedback of defects and problems to the owners. It is learned that the 100,000-kilowatt heat storage-based concentrating solar power project with 900,000-kilowatt new energy in Bortala Prefecture will be put into operation in batches proportionally from the end of the year. After full operation, the annual online power generation will reach 2.04 billion kWh, about 620,000 tons of standard coal can be saved annually, and about 1.69 million tons of carbon dioxide emissions can be reduced. In the next step, the company will accelerate the construction of the transmission channel, timely track the progress of new energy defect elimination, ensure the "zero defect" operation of equipment and the on-grid connection of new energy projects as scheduled, and inject strong impetus into promoting the integrated development of the regional economy in Bortala Prefecture.
HANOI, Vietnam, Aug. 14, 2024 /PRNewswire/ -- LONGi, a leading global solar technology company, has partnered with Solar Electric Vietnam (SEV) to provide a 9.52kWp solar system to the United Nations International School of Hanoi (UNIS Hanoi) in Vietnam. This phase-two donation highlights the crucial impact solar power can have on educational institutions. UNIS Hanoi is a non-profit international school with a diverse representation of over 60 nationalities and 35 home languages among its students. The school, recognized as a leader in international education for over three decades in Vietnam, is steadfastly committed to integrating Sustainable Development Goals (SDGs) into its daily academic life. UNIS Hanoi's dedication to raising awareness about solar power has led to a dedicated solar project, solidifying the school's devotion to clean energy. The installed solar system will not only power the school's daily operations but also serve as an educational tool, encouraging dialog and activities centered around clean energy and climate education. The system will be professionally incorporated into curricula at all levels, furthering understanding and interest in sustainable energy among students and staff alike. As the world grapples with climate change, renewable and sustainable solar energy is vital. LONGi and SEV are proud to be part of this educational journey, fostering awareness of clean energy use. About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com
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