December 2017 - Pimagazine Asia
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Digital Power Saves Billions – GE

A common saying suggests “you can never have too much of a good thing”, but this is not true when it comes to supplying electricity. In fact, oversupplying electricity to a particular district can lead to enormous wastage. Unlike money, excess electricity is not easily stored in wallets and banks. To ensure grid stability, unused electricity is often unloaded into the ground and subsequently lost. According ...

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India-EU Renewable Commitment

Expansion of renewable energy power generation across India will be supported by a new USD 400-million joint initiative backed by the European Investment Bank and YES BANK, whereby the latter will manage the new co-financing programme for the construction of new solar power plants and wind farms across the country. The aforementioned financing programme was announced by Donal Cannon, Head of the European In ...

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Astroenergy to Supply 80MW Solar Modules for Brazilian Project

Chint Solar/Astronergy signed an 80MW PV module supply contract with Atlas Renewable Energy, which is developing an 80MW solar power plant located in Aquiraz, Ceará, Brazil. The project, Sol do Futuro, is scheduled to be delivered by the second quarter of 2018. Brazil has abundant and regular sunlight, and has been developing the solar industry rapidly in recent years. The Brazilgovernment plans to increase ...

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TEPCO & Neighbours Pool Spare Power Capacity

TOKYO -- Tokyo Electric Power Co. Holdings and three other Japanese utilities plan to grant access to each other's backup power reserves to better handle dips in renewable energy output and other non-emergency situations. Tepco has agreed on an outline of the arrangement with Kansai Electric Power, Chubu Electric Power and Hokuriku Electric Power. An announcement is expected at the start of next year, with ...

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Will ReNew Power Buy Ostro Energy?

ReNew Power Ventures Pvt. Ltd is close to acquiring Ostro Energy Pvt. Ltd, the company that holds the renewable energy assets of buyout firm Actis Capital, for an enterprise value of Rs10,000 crore, according to two people directly aware of the development. The final valuation has been agreed by both sides, the people said, requesting anonymity. “The equity portion of the transaction is close to Rs2,000 cro ...

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DMCI to build Masbate Thermal Power Plant

CONSUNJI-LED DMCI Holdings, Inc. said that its power unit had clinched a contract to construct a 15-megawatt (MW) thermal power plant in the municipality of Mobo in Masbate. DMCI Holdings informed the local bourse on Monday that DMCI Masbate Power Corp. (DMPC), a wholly owned subsidiary of DMCI Power Corp., had entered into an engineering, procurement and construction (EPC) contract with two entities connec ...

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Ley Choon Group Win $14.5 Million Utility Contract

Ley Choon Group Holdings, a Singapore-based construction and engineering company, said Tuesday it has received a new contract worth S$19.6 million ($14.50 million) from the Public Utilities Board for replacement of water mains. The project involves the supply and laying of steel potable water pipelines, and will employ the traditional and proven open, cut and backfill method, the company said in an exchange ...

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Japan focuses on HRS for FCV

As a result of discussions that began in May 2017, the following 11 companies have signed an agreement to form a new company in the spring of 2018, aimed at the full-fledged development of hydrogen recharging stations (HRS) for fuel cell vehicles (FCV): Toyota Motor Corporation, Nissan Motor Co Ltd., Honda Motor Co Ltd., JXTG Nippon Oil & Energy Corporation, Idemitsu Kosan Co Ltd., Iwatani Corporation, ...

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Sunseap & Jiangsu Linyang Sign MOU

Sustainable energy provider Sunseap Group has signed a memorandum of understanding (MOU) with China-based Jiangsu Linyang Energy Co to develop renewable energy and energy efficiency management solutions. The two companies plan to explore collaborations on solar photovoltaic projects both as a potential supplier of solar panels as well as potential co-investor. They also "propose to work jointly on projects ...

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Wartsila Smart Power Generation Solutions For Papua New Guinea

The technology group Wärtsilä, in partnership with Australia-based Clough Ltd, a provider of engineering, construction, commissioning and asset support services, has been awarded a turnkey contract to provide a 58 MW power plant to Papua New Guinea. The plant is part of an infrastructure building programme being developed by NIUPOWER, a venture between Kumul Petroleum Holdings Limited and Oil Search Power H ...

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