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Indonesian $750 Million Project Moves Forward

Indonesia’s first ocean energy independent power producer, SBS Energi Kelautan (SBSEK), has announced it has completed final investment decision with SBS International Ltd. (SBS) to move forward with the 12 MW, Phase I of the 150-MW Nautilus marine energy project in Lombok, Indonesia. SBS is a privately-owned international marine, subsea and renewable energy project developer based in Aberdeen, Scotland. Th ...

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Infrastructure Solutions For The Connected Energy Industry

At Panduit, we are committed to solve the daily challenges engineers face within the energy industry. Our products are engineered for maximum reliability and extended service life. Get the assurance knowing you are covered. Enjoy productivity, reliability and safety for all your mission critical projects with our power and network infrastructure solutions! Learn More ...

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Vestas Announces Flurry of Turbine Orders

Vestas Wind Systems A/S announced a flurry of wind turbine orders to mark the end of the third quarter last week, with orders from the United States, India, Europe, and Latin America totaling 463 megawatts. Danish wind turbine manufacturer Vestas Wind Systems A/S announced on September 29, the last business day of the third quarter, eight separate wind turbine orders that amounted to 463 MW (megawatts), inc ...

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AIIB Loans $100 Million USD for Power Transmission Network

Asian Infrastructure Investment Bank (AIIB) has planned to help India improve its power transmission network and expand the use of solar and wind energy with a loan of 100 million U.S. dollars. The loan approved by the Board of Directors of AIIB involves co-financing of 50 million U.S. dollars from the Asian Development Bank. This was the fourth co-financing made by AIIB and ADB, two major multilateral deve ...

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If just 0.1 per cent of Indonesia’s land area was used to generate solar energy, about 40 per cent of the energy demands of the vast archipelago of 260 million people could be met, according to data from the Solar Energy Research Institute of Singapore (SERIS). But the uptake of solar in Southeast Asia’s largest economy is lagging in a region that—despite being twice as sunny as Northern Europe—is strugglin ...

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Padaeng Expands Hydropower Investment

Padaeng Industry Public Co Ltd (PDI) plans to further expand its capacity to generate renewable energy by signing a memorandum of understanding to jointly invest in two hydropower plants in Laos with a total capacity of 114 megawatts. The investment objective is to help PDI acquire solar and hydropower plants in Asia with total capacity up to 200MW within two years. Francis Vanbellen, PDI’s managing directo ...

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Asia Faces Uniques Smart Grid Challenges

Compared to deregulated electricity markets in other parts of the world, in much of the Asia Pacific region the electricity supply industry is characterised by incumbent suppliers with exclusive rights to supply to consumers. These monopolistic suppliers are also the only permitted buyers of wholesale power from any licensed power generators. These energy supply chains constrain opportunities for new entran ...

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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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GE Sells Water & Process Division to Suez in $3.4B Deal

Less than a week after GE struck a $2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ. The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and process systems solutions, was completed on September 30 but ann ...

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Tesla Uses Samsung For Australian Energy Storage Project

Tesla's massive Australian energy-storage facility, which CEO Elon Musk vowed to build quickly after regional outages, will be equipped with battery cells from Samsung SDI instead of main supplier Panasonic. The decision to use Samsung SDI is a blow to Panasonic, which has its hands full with orders for electric-vehicle batteries. To meet a self-imposed deadline of 100 days, Tesla turned to the South Korean ...

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