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OpenSys Technologies eyes 30% profit contribution from new solar solutions

OPENSYS Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, is allocating RM650,000 of its total capital expenditure this year for system development amid the growth potential of the solar sector in Malaysia. Following the launch of buySolar — Malaysia’s first one-stop online marketplace for solar services and products — the company has several more […]

Egat to run solar power trade test

The state-run Electricity Generating Authority of Thailand (Egat) has initiated a test of peer-to-peer power trade from solar rooftops, planning to enter the prosumer trade in the coming years. Governor Viboon Rerksirathai said Egat installed solar panels on top of its headquarters in Nonthaburi to conduct the test and collect power trade data. The power […]

Power Ledger partners with US registry M-RETS for REC blockchain trading

Today, blockchain firm Power Ledger announced a partnership with the U.S.-based Midwest Renewable Energy Tracking System (M-RETS) to launch a Renewable Energy Certificate (REC) marketplace in the country. M-RETS is a web-based REC registry used by power generators, utilities, marketers, and qualified reporting entities. The centralized solution tracks RECs and facilitates transactions by issuing a […]

Ho Chi Minh City’s EVN to become digital business

Ho Chi Minh City, Vietnam’s electricity sector has set a target to become a digital business by adopting key technologies such as big data, Internet of Things and artificial intelligence (AI) to improve the local power system. Electricity of HCM City (EVNHCMC) deputy director-general Nguyen Duy Quoc Viet said: “Technology has drastically changed the power […]