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Rural Electrification Asia

Cost-effective advanced battery technology is helping solar companies tap into the rural electrification market, which covers 18% of the world’s population. One start-up, Hong Kong-based Plug the Sun, is aiming to install 25,000 rural electrification systems over the next year within two projects alone. The company will be selling the systems for USD$600 each, which includes Chinese-made solar panels and ba ...

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EIB’s €800m for India’s Renewables Sector

The European Investment Bank (EIB) has agreed to provide an €800m loan to promote investment in India’s renewable energy market. To be used to support small-scale renewable energy (RE) projects across India, this funding will be one of the bank’s largest energy investments in Asia. The EIB has also partnered with the Indian Renewable Energy Development Agency (IREDA) and India Infrastructure Finance Company ...

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Storms drive $22 Billion Investment in Battery Backed Grids

Growing demand for more resilient power supplies will spur $22.3 billion of global investment in battery-backed local energy systems over the next decade, according to Navigant Research. Villages and homes in far-flung places will drive the expansion of microgrids, small-scale solar systems with batteries that can retain power until it’s needed. Navigant expects 14.9 gigawatts to be in operation in 2026, up ...

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Laos Seals Malaysia Energy Deal

LAOS has agreed to sell 100 megawatts (MW) of electricity to Malaysia via Thailand's power grid in a trade deal signed this week by the involved parties, a senior Lao official has said. The energy purchase and wheeling agreement (EPWA), the first multilateral energy exchange or trade in Asean, was signed during the Asean Ministers on Energy Meeting (AMEM) in the Philippines. Under the two-year agreement, La ...

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Rolls Royce Strengthens Tominaga Partnership in Japan

ROLLS-ROYCE STRENGTHENS PARTNERSHIP WITH TOMINAGA IN JAPAN Tominaga & Co., Ltd. is the new MTU distributor in Japan for the marine, rail, C&I and oil & gas segments Three workshops and test stands ensure the aftersales support FRIEDRICHSHAFEN, GERMANY – Rolls-Royce Power Systems and Japanese company Tominaga & Co., Ltd. are to work closely in the future on serving the marine, O&G, rail a ...

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MHPS Sees Strong Gas Turbine Demand in SEA

Japanese gas turbine producer Mitsubishi Hitachi Power Systems (MHPS) expects stronger demand in Southeast Asia for high efficiency coal and gas turbines due to low input prices for the fuels making such investment more attractive. Although the company has been struggling to meet annual sales goals since the merger in 2014 of the power units of Mitsubishi Heavy Industries Ltd and Hitachi Ltd, the partnershi ...

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Asia Is The Best Region For Gas Turbine Business

Asia offers the best business opportunities for the globally-declining gas turbine market, according to a new report. A study from analysts at GlobalData states that the worldwide gas turbine market is set to fall from last year's $8.49 billion to around $7.73 billion by 2021. The report states that global economic recession and the decrease in the price of gas turbines has heavily impacted market value, wi ...

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Asia Needs To Lead Charge For Pollution Free Planet

Asia Pacific — home to more than half the world's population and some of its fastest-growing economies — is a key battleground in the fight against pollution, one of the biggest threats to the planet and its people, the UN environment chief said. An estimated 12 million people die prematurely each year because of unhealthy environments, 7 million of them due to air pollution alone, making pollution "the big ...

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Asia Getting Smart With IoT

Southeast Asian countries are adopting cutting-edge information technology to improve the efficiency and environmental impact of fossil fuel power plants that the region relies on to meet surging energy demand. Japanese trader Marubeni and Global Power Synergy Co., an affiliate of Thailand's national oil company PTT, have reached a basic agreement to install sensors at existing power plants that will allow ...

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L3 Mapps Assit ABB With Simulator Update

  L3 MAPPS to Assist ABB With Simulator Update for Fermi 2 Nuclear Power Plant   MONTREAL, August 21, 2017 – L3 MAPPS announced today that under a contract with Swiss industrial technology company ABB it will update the simulator it provided in 2006 for DTE Energy’s Fermi 2 nuclear power plant based in Newport, Michigan. The work calls for modification of the 120-kilovolt switchyard portion of the ...

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