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Will ReNew Power Buy Ostro Energy?

ReNew Power Ventures Pvt. Ltd is close to acquiring Ostro Energy Pvt. Ltd, the company that holds the renewable energy assets of buyout firm Actis Capital, for an enterprise value of Rs10,000 crore, according to two people directly aware of the development. The final valuation has been agreed by both sides, the people said, requesting anonymity. “The equity portion of the transaction is close to Rs2,000 cro ...

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DMCI to build Masbate Thermal Power Plant

CONSUNJI-LED DMCI Holdings, Inc. said that its power unit had clinched a contract to construct a 15-megawatt (MW) thermal power plant in the municipality of Mobo in Masbate. DMCI Holdings informed the local bourse on Monday that DMCI Masbate Power Corp. (DMPC), a wholly owned subsidiary of DMCI Power Corp., had entered into an engineering, procurement and construction (EPC) contract with two entities connec ...

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Ley Choon Group Win $14.5 Million Utility Contract

Ley Choon Group Holdings, a Singapore-based construction and engineering company, said Tuesday it has received a new contract worth S$19.6 million ($14.50 million) from the Public Utilities Board for replacement of water mains. The project involves the supply and laying of steel potable water pipelines, and will employ the traditional and proven open, cut and backfill method, the company said in an exchange ...

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Japan focuses on HRS for FCV

As a result of discussions that began in May 2017, the following 11 companies have signed an agreement to form a new company in the spring of 2018, aimed at the full-fledged development of hydrogen recharging stations (HRS) for fuel cell vehicles (FCV): Toyota Motor Corporation, Nissan Motor Co Ltd., Honda Motor Co Ltd., JXTG Nippon Oil & Energy Corporation, Idemitsu Kosan Co Ltd., Iwatani Corporation, ...

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Sunseap & Jiangsu Linyang Sign MOU

Sustainable energy provider Sunseap Group has signed a memorandum of understanding (MOU) with China-based Jiangsu Linyang Energy Co to develop renewable energy and energy efficiency management solutions. The two companies plan to explore collaborations on solar photovoltaic projects both as a potential supplier of solar panels as well as potential co-investor. They also "propose to work jointly on projects ...

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Wartsila Smart Power Generation Solutions For Papua New Guinea

The technology group Wärtsilä, in partnership with Australia-based Clough Ltd, a provider of engineering, construction, commissioning and asset support services, has been awarded a turnkey contract to provide a 58 MW power plant to Papua New Guinea. The plant is part of an infrastructure building programme being developed by NIUPOWER, a venture between Kumul Petroleum Holdings Limited and Oil Search Power H ...

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Vestas partners with CWP & IC Energy on Wind/Solar Hybrid Plant

Vestas and partners CWP Energy Asia and InterContinental Energy have announced plans to build a 6,000-megawatt wind and solar hybrid power plant in East Pilbara region, Western Australia. The project, known as Asian Renewable Energy Hub (AREH), will feature 4,000 MW of wind and 2,000 MW of solar generation. It also includes two subsea power cables from Australia to Jakarta, Indonesia and Singapore. The proj ...

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Enphase Energy Charge into India With Huge Installation

Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading provider of solar microinverters, announced today that its installation partner, RenXSol Ecotech has installed Enphase microinverters in a one megawatt solar plant. Located near Bangalore, India, the solar plant is Enphase’s largest installation in the Asia-Pacific region and one of its largest globally. Occupying ...

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IHA Launch Knowledge Hub Aiding Sediment Management

The International Hydropower Association (IHA) has launched a new online resource for hydropower developers, researchers and operating companies seeking to improve sediment management in reservoirs. The Hydropower Sediment Management Knowledge Hub presents a range of strategies and resources, including 18 case studies from 15 countries in Africa, Asia, Europe, Central and South America and the Pacific. Sedi ...

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Rolls Royce Supplies Chinese Data Centre With 10 UPS Systems

Rolls-Royce has supplied a Chinese data center with backup, emergency power supply consisting of ten 20-cylinder MTU Series 4000 engines. The data center is operated by internet service provider Sinnet and is located in the east Beijing. Sinnet has 1,220 server cabinets on an area of over 11,000 square metres, which have to be protected in the event of power failure. The emergency power supply has been purc ...

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