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Equis $400 Million Solar Investment for Australia

Equis Energy, Asia's largest independent renewable-energy developer and investor, has expanded into Australia with two solar projects costing A$400 million (S$427.66 million), with plans for more down the road. The two projects by the Singapore-headquartered group will have a total generation capacity of 200 megawatts. When completed, they will be among Australia's lowest-cost solar projects, said the chief ...

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The Sun doesn’t shine at night

The last few years have been marked by spectacular advances for green energy generation. In 2015, $348 billion was invested in renewables, and total worldwide installed capacity overtook coal. In 2016, U.K. generation from wind was higher than coal for the first time. Meanwhile, the costs of solar power continued to tumble, with estimates suggesting a fall of at least 75% since 2008. However, investment fel ...

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BCPG acquire 40% of PWEI Philippines

WITH a stated goal to expand its renewable power businesses in Asia, BCPG is investing in a wind-power project in the Philippines through an indirect 40-per-cent equity acquisition of PetroWind Energy Inc (PWEI). With a total production capacity of 50 megawatts, the project will generate profits before the end of this year, BCPG says. BCPG president Bundit Sapianchai said his company had signed a legally bi ...

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Engie in Indonesian Geothermal Project Win

With the announcement of a financing package of up to $440 million signed earlier this week, a new large scale geothermal project is kicking off in Indonesia raising hopes that development of geothermal projects are now finally picking up speed. French ENGIE (formerly GDF Suez) through its subsidiary Storengy, sees itself as having all the drilling and underground expertise to manage such project. With cons ...

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Siemens in CCGT Plant for Thailand

Siemens to supply turnkey combined cycle power plant to Thailand: Market entry with first two H-class gas turbines in Thailand Fifth large power plant project in consortium with Marubeni in the country Total order volume about 550 million U.S. dollar Siemens, together with its Japanese consortium partner Marubeni Corporation, has received an order for the delivery of a turnkey combined cycle power plant to ...

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ABB & Powergrid India $640m Transmission Link

ABB has teamed up with India’s national electricity grid operator Power Grid Corporation of India Limited (POWERGRID) in a mega project worth over $640 million for ABB to deliver a transmission link that will have the capacity to bring reliable electricity to more than 80 million people. The Raigarh-Pugalur 800 kilovolt (kV) ultra-high-voltage direct current (UHVDC) system will connect Raigarh in Central In ...

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Hero Future Energy in 100MW Solar Plant Build

New Delhi: The Munjal-family promoted Hero Future Energies Pvt. Ltd is planning to put up one large grid connected solar plant of up to 100 megawatts capacity in Southeast Asia, apart from expanding in Africa and India, its founder and managing director Rahul Munjal said in an interview on 13 January. Backing Munjal’s ambitious plan is around $125 million cash that International Finance Corp. (IFC), togethe ...

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Siemens in first greater China Order!

Siemens delivers power plant unit for combined cycle facility in Hong Kong. Siemens received an order from Castle Peak Power Company Limited(CAPCO) for the delivery of a power block for a new combined cycle unit in its Black Point Power Station in Tuen Mun, in the northwest of Hong Kong. This marks the first order for Siemens power plant components from Hong Kong in 20 years. CAPCO is a joint venture of Chi ...

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Asia needs more energy solutions

The Asia-Pacific region is at a turning point in its energy trajectory. The energy solutions that have fuelled growth in the region over the past few decades are no longer compatible with the sustainable development aspirations of our nations and their people. In transitioning to a new era of sustainable energy, policymakers across the region face complex decisions. Supplies must be secure and affordable, a ...

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Largest market for Water Pipe?

North America is the largest market for water and wastewater pipe, followed by Europe and Asia Pacific. Asia Pacific region is expected to be the fastest growing market. China and India hold the key for future market trends in water and wastewater market owing to increasing urban population, increase in living standards due to higher disposable income and high growth in the building and construction sector. ...

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