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Sumitomo Complete FW Acquisition

  Sumitomo Heavy Industries, Ltd. completes share acquisition of FW Energie B.V. New global CFB company – Sumitomo SHI FW Highly competitive global delivery network proven by hundreds of successful projects With reference to Sumitomo Heavy Industries, Ltd. (SHI) announcement of 26th June, 2017, SHI completed the share acquisition of FW Energie B.V. culminating in the combination of SHI and Amec Foster Whe ...

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China & Indias Nuclear Growth

The nuclear electric industry has sustained some mighty blows in the United States and Western Europe in recent years. It might be reeling, but it is not out and it is not going down for the count. Taken globally, things are good. The need to curb carbon in the air, to service a growing world population and the surging cities are impelling nuclear forward. At the annual summit meeting of the U.S. Nuclear In ...

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MWM Cogeneration Plant for Richgro’s Jandakot Facility

In March 2016, a cogeneration power plant with MWM gas engine was installed in Jandakot near the coastal city of Perth, Australia, as part of Australia's first anaerobic digestion plant. Jandakot is the location of the headquarters and production facilities of Richgro, Australia's market leader in the field of biological fertilizers and compost products. Through the combustion of locally produced biogas, th ...

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Modernising Asia’s Power Market

Fundamentals governing the long-term investment in power generation infrastructure across Southeast Asia remain strong. Estimates put electricity demand growing by 80 percent in the next 25 years. Despite projected gains in renewable energy generation, the share of the energy mix accounted for by coal is expected to expand over the next 10 years. Even in countries where renewable energy has regulatory suppo ...

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Vietnam Grants $7.5 Billion in Coal Power Plants

Vietnam expects to grant investment licences for three coal-fired power plants worth a combined $7.5 billion, the country's investment minister said. Although Vietnam wants to boost renewable energy output amid resources scarcity and environmental issues, it has been mostly reliant on coal-fired and hydro power plants to meet its annual electricity demand growth of around 11 percent. Two of the projects by ...

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Modi proposes Asia-Africa Growth Corridor

Prime Minister Narendra Modi on Tuesday proposed an Asia-Africa growth corridor supported by Japan and India. He also said India is working with the US and Japan to support development in Africa. The move comes days after China launched its ambitious One Belt, One Road (OBOR) initiative. Speaking after declaring the 52nd Annual General Meeting of the African Development Bank Group open, which is being held ...

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Indonesia & UAE in $5 Billion Energy Deal

Talks between Indonesia and the United Arab Emirates could bring the launch of a $5 billion energy project, according to news from a recent meeting between Indonesian President Joko Widodo and UAE Energy Minister Suhail Mohammed Faraj Al Mazrouei. "We know that currently the world energy market is undergoing some transformation. Of course, changes have been made with sustainable and renewable energy," the p ...

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Banpu Power 11% increase!

Banpu Power PCL, a subsidiary of Banpu PCL, and a leading Asian power-generating company operating both conventional and renewable power assets across Asia, has reported total revenue of Bt1.93 billion for the first quarter, an 11-per-cent increase over the same period last year. Earnings before interest, tax, depreciation and amortisation stood at Bt1.38 billion, while total net profit was Bt1.04 billion. ...

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MAN Compressors for China Offshore

MAN compressor technology for offshore gas production in China CNOOC China Limited Zhanjiang Branch has commissioned MAN Diesel & Turbo to supply a total of six compressor trains for the DONGFANG 13-2 Gas Fields Development Project in the South China Sea. “We are delighted that a renowned company such as CNOOC Ltd. has demonstrated its confidence in our compressor technology“,states Ronnie Su, Head of S ...

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Temporary Coal Plant Closure in South Korea

South Korea will temporarily shut down 10 coal-fired power plants that are over 30 years old in June to mitigate air pollution, the office of President Moon Jae-in said in a statement on Monday. The measure comes as coal-fired power plants are being criticised for contributing to deteriorating air quality in South Korea, Asia’s fourth-largest economy. Amid these concerns, new President Moon vowed during his ...

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