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Hyundai Heavy Industries $3.3 billion order to build steam power plant in Saudi Arabia

South Korea's Hyundai Heavy Industries (HHI) said Monday it had won a $3.3 billion order to build a steam power plant in Saudi Arabia. Under the deal signed on Sunday with Saudi Electricity Co., Hyundai will complete the massive facility with a production capacity of 2,640 megawatts by 2017, the company said in a statement. The plant will be located 135 kilometres (85 miles) north of the southwestern Saudi ...

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BioteQ and Jiangxi Copper to Build Water Treatment Plant

BioteQ Environmental Technologies Inc., a leader in industrial wastewater treatment, has signed an agreement with joint venture partner Jiangxi Copper Company (JCC), the largest copper mining company in China, to build a water treatment plant at the Yinshan Mine site. The Yinshan Mine is an active copper mine located in southeast China approximately 30 km from the Dexing site where the joint venture has exi ...

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Ayala Group Buys into Second GNPower Coal Plant

Ayala Corp (AC) has signed up for another coal project that GNPower is building in Lanao del Norte. In a disclosure to the Philippine Stock Exchange, AC said its wholly-owned subsidiary, AC Energy Holdings Inc, signed a joint venture agreement with Power Partners Ltd Co for the development of a 405-megawatt coal power plant. Terms of the agreement were not disclosed. Power Partners, together with Sithe Glob ...

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Radioactive Water From Fukushima Likely Leaking to Pacific

Japan's nuclear regulator says radioactive water from the crippled Fukushima power plant is probably leaking into the Pacific Ocean, a problem long suspected by experts but denied by the plant's operator. Officials from the Nuclear Regulation Authority said a leak is "strongly suspected" and urged plant operator Tokyo Electric Power Co. to determine where the water may be leaking from and assess the environ ...

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Vietnam’s Power Price Goes Up By 5%

Electricity price in Vietnam will go up by 5 percent starting today, August 1, following a recent decision of the Ministry of Industry and Trade, according to the state-run Electricity of Vietnam Group (EVN). Accordingly, the price will inch up VND71.85 per kWh to VND1,508.85 per kWh on average, EVN said, citing the ministry’s written approval to EVN’s proposal on the matter. Under the new pricing scheme, t ...

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OpenADR Alliance Executes MoU with KSGA

The OpenADR Alliance, a nonprofit corporation created to foster the development, adoption, and compliance of the Open Automated Demand Response (OpenADR) smart grid standard, today announced that a highly successful interoperability test event and workshop was held in Japan followed by the execution of a Memorandum of Understanding with the Korea Smart Grid Association (KSGA). The significant support for Op ...

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DuPont Signs Solar R&D Deal with GD Solar

The DuPont Co. has signed a research and development agreement with a major Chinese solar development and manufacturing firm, extending the reach of its photovoltaic solar component materials. DuPont’s China holding company and GD Solar will collaborate on the research and development of materials to be used in GD Solar panels and systems, hoping to improve the power output and reliability of the systems. D ...

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Siemens to Supply Prai Power Plant with H-Class Turbines

Siemens will supply two H-Class gas turbines for the TNB Prai combined cycle power plant (CCPP) in Malaysia, taking the total of H-Class gas turbines sold worldwide to 22. The company will also supply two generators and two steam turbines. The order was placed by Samsung C&T (KL) Sdn. Bhd. (formerly known as Samsung E&C (M) Sdn. Bhd., which will construct the gas-fired power plant on a lump sum turn ...

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Korean Contractor Issues Pullout Warning to Chameliya Developers

Korea Hydro and Nuclear Company, the contractor of electro-mechanical and hydro-mechanical works as well as the construction of transmission lines of the 30 MW Chameliya Hydropower Project, has warned the Nepal Electricity Authority that it would walk out on the contract unless it is compensated for delay in civil works. Civil works precede the electro-mechanic and hydro mechanical works and Chinese contrac ...

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Thailand Announces New Solar Feed-in Tariff

Solar energy has gained more support in Thailand this week. The government has announced a new plan to introduce an additional 1 gigawatt of solar energy capacity throughout the country. This goal will be accomplished with the help of various solar energy projects that will take root throughout Thailand, and these projects will receive financial support from a new feed-in tariff that the government intends ...

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