French utility Engie and Japan's Marubeni are among several suitors preparing to bid for Chevron Corp's Asian geothermal energy blocks valued at about $3 billion, sources familiar with the matter said. Potential buyers including Southeast Asian firms are attracted by the opportunity to gain control of large blocks of geothermal assets located in Indonesia and Philippines. "There's a lot of jostling going on ...

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China's biggest power transmission company has signed deals with three Asia-Pacific investors to help push its ambition to build a cross-border energy super grid that will help combat climate change, integrate renewable energy sources and boost exports. The State Grid Corp of China has been urging authorities to give the go-ahead for more cross-country ultra-high voltage (UHV) power lines to connect coal an ...

Egyptian Electricity Transmission Company (EETC) plans to contract with French company Alstom for the installation and supply of five transformer stations at a value of €200m. A senior official at the Ministry of Electricity and Renewable Energy said the contract with Alstom will be signed within days. The five transformer stations have capacities ranging from 220kV to 500kV. The official told Daily News Eg ...

Mitsubishi Hitachi Power Systems (MHPS) has received an order for three sets of M701 DA gas turbine and generator to be installed at the 400 megawatt Zerger gas-fired power plant for the national utility, Turkmenenergo, in Turkmenistan. The turbines will be supplied to Sumitomo Corporation, who are charged with engineering, procurement and construction (EPC) for the plant. The power generation system is sch ...

MAN modernizes energy supply for worldwide leading producer of acrylic fibers Steam turbine Genset will produce electricity and process steam for AKSA plant in the Turkish city of Yalova. Turkish company Aksa Akrilik Kimya Sanayii A.Ş. (AKSA), the worlds biggest manufacturer of acrylic fibers, has placed an order with MAN Diesel & Turbo for the supply of a 99 MW steam turbine generator set. At the company’s ...

A public-private council was set up on Sunday in Fukushima in order to help the prefecture become a renewable energy hub in just a few years, the Japan Times reported. During the upcoming summer the council will focus on developing market strategies for the wind and hydrogen segments, according to the report. The scheme is yet another step towards the fast reconstruction of Fukushima following the March 201 ...

The State Grid Corporation of China (SGCC) cut its 2016 investment budget because the timing of its power transmission projects means less capital is required than last year, its chairman said on Thursday. The investment cut by SGCC, China's dominant state power grid builder and operator and a major consumer of copper and aluminium, has added to concerns over dwindling Chinese demand, but Chairman Liu Zheny ...

ENGIE, a global energy player and expert operator in electricity, natural gas and energy services, underlines the importance of energy efficiency as an effective tool to reduce a great deal obusiness operating costs, while also caring about the environment. Mr.Sawat Macmyraxa, General Manager of ENGIE Services (Thailand) Co., Ltd., a company under ENGIE Group, said that energy efficiency implementation goes ...

The Electricity Generating Authority of Thailand has ordered electromechanical equipment from Andritz Hydro to rehabilitate the 720-MW Srinagarind hydroelectric facility on the Khwae Yai River in Si Sawat District of Kanchanaburi Province, Thailand. The cost for the work is not immediately available, but according to a March 16 press release from Andritz Hydro, the rehabilitation process is scheduled to beg ...