It didn’t take long for Liu Zhenya, general manager of State Grid Corp., to make good on a pledge to grow the Chinese power giant’s overseas assets. Two weeks ago, Mr. Liu was telling reporters attending the Communist Party Congress in Beijing that State Grid’s ambition is to nearly quadruple its overseas assets by 2020 to as much as US$50 billion. Healthy returns from past deals are emboldening management ...

Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced that ElectraNet Pty Limited, the principal electricity transmission network service provider in South Australia, has chosen Bentley Substation to reduce high-voltage electric substation design costs and enable existing design resources to meet an ever-incr ...

Government-owned power transmission company Power Grid Corporation of India (PGCIL) posted a 23% increase in its net profit to R870 crore for the first quarter ended June, against R705 crore in the corresponding quarter last year on the back of higher revenues. Total income during the quarter surged by 27% to R2,980 crore from R2,341 crore in the year-ago quarter. Transmission charges grew by 32% to R2,774 ...

The state-run PowerGrid Corporation of India proposes to lay down an under sea line between India and Sri Lanka. The proposed undersea high voltage direct current (HVDC) transmission line will be for the transfer of 500-mw, which will be subsequently upgraded to 1,000 mw. According to power ministry sources, “The proposed undersea transmi-ssion line entails an invest-ment of around Rs 1,500 crore. A pre-fea ...

Located about 90 miles east of San Diego in California's Imperial County, the project is expected to start commercial operation in the middle of 2014. Spread over an area of 1,600 acres, it will be among the largest solar projects in the world. Yingli was a major supplier for China’s largest solar project, the Huanghe 200MW solar farm built in Qinghai province at the end of 2011. It is also aiming to be a k ...

China's solar panel producers embattled by heavy duties from anti-dumping probes in both the United States and Europe are focusing on the domestic downstream power generation sector to offset their export losses. The LDK Solar Co., one of the world's largest manufacturers of solar wafers, has seen engines in its workshops in Xinyu, East China's Jiangxi Province, roar again. This month, the company has obtai ...

China's Ministry of Commerce said it had launched an investigation Monday to determine whether retroactive tariffs should be levied on polysilicon imports from the U.S, the European Union and South Korea. The move comes after the ministry announced anti-dumping and anti-subsidy probes into polysilicon imports from these regions earlier this year and amid an escalating battle between China and its trading pa ...

Mr Jyotiraditya Scindia Minister of State (Independent Charge) for Power, informed the Lok Sabha that Power Grid Corporation of India Ltd has taken the initiative to implement several Smart Grid pilot projects in the transmission sector. Towards this, a pilot project in Northern Region involving Wide Area Measurement System using Phasor Measurement Units & associated hardware & software at control c ...

IUS Technologies from South Korea announced that it has entered the US market with its sights set on leading distribution technology for utilities and working with companies like Siemens, SAIC, and AEP. IUS is a subsidiary of Vitzro Group - a Smart Grid technology manufacturer in South Korea. "People in South Korea can't comprehend why the US continues to suffer from such widespread power outages," said Sco ...

Crompton Greaves (CG), part of the USD 4 billion Avantha Group, is setting up a greenfield plant in Jigani Industrial Area, Bangalore. "The plant will be operational by this year-end and help bolster India's Smart Grid initiative," it said. The plant will be making intelligent electronic devices (IEDs) which are critical in the control and monitoring of power systems. The plant will also assemble control an ...