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MHPS Sees Strong Gas Turbine Demand in SEA

Japanese gas turbine producer Mitsubishi Hitachi Power Systems (MHPS) expects stronger demand in Southeast Asia for high efficiency coal and gas turbines due to low input prices for the fuels making such investment more attractive. Although the company has been struggling to meet annual sales goals since the merger in 2014 of the power units of Mitsubishi Heavy Industries Ltd and Hitachi Ltd, the partnershi ...

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China Ahead on Pakistan Plant Construction

China is racing to finish one of the biggest hydropower projects in Pakistan ahead of schedule, yet its location in the long-contested region of Kashmir will draw ire from India. Construction of the 720MW Karot power station on the Jhelum river began in December and looked set to finish nine months ahead of its December 2021 completion date, a first for a Pakistan hydro-project, said Qin Guobin, chief execu ...

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Siemens Gamesa Surge Forward in Latin America

Siemens Gamesa Renewable Energy cements its leadership in Latin America with a 97-MW supply order in Argentina • The company will install 28 of its G132-3.465 MW wind turbines at a complex being developed in the province of La Rioja, in western Argentina. • This project marks a milestone for the company as Argentina is a key market with tremendous potential in wind power. • This is the first South American ...

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ADB Funds $152 Million to Upgrade Nepal’s Transmission Network

The Asian Development Bank will provide a USD 152 million to Nepal for the implementation and enhancement of its power transmission and distribution, officials said here today. The Manila-based Asian Development Bank (ADB) and Nepal’s Ministry of Finance signed the loan agreement in Kathmandu. The aid will be granted to the Power Transmission and Distribution Efficiency Enhancement Project (PTDEEP) which su ...

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IoT Upgrades for Asia’s Power Sector

Southeast Asian countries are adopting cutting-edge information technology to improve the efficiency and reduce the environmental impact of fossil fuel power plants that the region relies on to meet surging energy demand. Japanese trading house Marubeni and Global Power Synergy Co., an affiliate of Thailand's national oil company PTT, have reached a basic agreement to install sensors at existing power plant ...

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Hydro Boom Continues in Laos

Laos signs on for hydro sustainability study while building boom continues Efforts to improve the environmental and social sustainability of southeast Asia's hydropower sector took a step forward this week with the signing of an agreement by the Lao People's Democratic Republic and International Finance Corporation. The partnership will launch what the IFC calls Lao PDR's "first cumulative impact assessment ...

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Asia Is The Best Region For Gas Turbine Business

Asia offers the best business opportunities for the globally-declining gas turbine market, according to a new report. A study from analysts at GlobalData states that the worldwide gas turbine market is set to fall from last year's $8.49 billion to around $7.73 billion by 2021. The report states that global economic recession and the decrease in the price of gas turbines has heavily impacted market value, wi ...

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Asia Needs To Lead Charge For Pollution Free Planet

Asia Pacific — home to more than half the world's population and some of its fastest-growing economies — is a key battleground in the fight against pollution, one of the biggest threats to the planet and its people, the UN environment chief said. An estimated 12 million people die prematurely each year because of unhealthy environments, 7 million of them due to air pollution alone, making pollution "the big ...

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China Smashes Solar Goals 3 Years Ahead of Target!

Renewable energy groups are urging Europe to follow China’s example as Beijing more than doubles its solar power target for 2020 three years early. Figures released by the Asia Europe Clean Energy (Solar) Advisory (AECEA) solar industry firm indicate that China has far surpassed it goal of 105 gigawatts by the year 2020 due to its expanded solar capacity. This makes China a world leader in solar power. Air ...

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SNC-Lavalin Win Gunung Hydro Project Malaysia

SNC-Lavalin has been awarded an engineering and design contract by private energy company Gunung Hydropower for the 10 MW Pulau Temelong hydroelectric project in Malaysia. SNC-Lavalin’s scope of work will include full design and engineering covering tender engineering and drawings, detailed implementation schedule, capital costs estimates, cash flow and the tender design report. In addition, SNC-Lavalin wil ...

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