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Gamesa Teams Up with China Longyuan Power

Gamesa has signed a deal to supply 24 of its G87 and G90 2MW turbines to Chinese developer Longyuan Group for a wind farm to be built in Jiangkou, Fujian Province. Spain's Gamesa says it has prepared an “integral solution” to suit the conditions of the site, including supplying a "Class S" version of the G87 turbine that can be installed in “close to Class I” sites – increasing energy production by 8% compa ...

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Vestas job cuts continue

In addition to their current financial woes, Vestas Wind Systems A/S is cutting a further 1,400 jobs to lower costs by more than 250 million euros ($311 million) in preparation for a decline in wind turbines installations it expects next year. The world’s biggest maker of the machines said it expects to have 19,000 employees at the end of the year, down 16% from the end of last year. It’s still considering ...

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Bankrupted Q-Cells Bought Out

German Q-Cells was once the world’s largest manufacturer of silicon solar technology. However, due to the financial market crash and the rise of well-financed Chinese solar cell makers, the company was forced to declare insolvency in April of this year. After some fierce competition from various companies, Q-Cells has now been sold to the South Korean company, Hanwha. The creditors of the German company agr ...

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India Bolsters Solar Ambitions

Last month, India suffered the biggest electrical blackout in the world. Despite causing widespread chaos, such an incident will not have come as a huge surprise to the local population. Blackouts, brownouts and chronic shortages of power happen with an alarming frequency, with a huge percentage of the country without power at all. India relies primarily on fossil fuel power plants for the production of ele ...

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Out with the old and in with the new for EGAT

EGAT are rapidly undertaking extensive environmental health and impact assessments for the installation of a new 600 MW coal fired power at the Mae Moh site in Thailand. The behemoth Mae Moh facility has been a controversial, but critical contributor to Thailand’s power capacity over it’s 27 year reign. Units 4-7 are rapidly approaching the end of their tenure with decommissioning expected soon. To adequate ...

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Light at the end of tunnel for Sasan

There were positive reactions yesterday as Reliance Power begun mining coal from Sasan blocks in Madhya Pradesh six months ahead of the expected date. It targets increasing the output to at least 20 million tonnes per annum in four years. Coal from the mines is going to be used to generate electricity at the company's exciting Sasan Ultra Mega Power Plant (UMPP),one of India's largest domestic coal-based po ...

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Smart Grid: Asia Forum to Take Place in Hong Kong

A forum to discuss future strategies for the planning, optimization and delivery of Smart Grid projects in the Asia-Pacific region will be held in Hong Kong in 2013. The forum will bring together the APAC region’s foremost smart grid experts to debate and explore the core fundamentals needed to develop smart grid pilot projects through to national and city-level projects. This event will be a must-attend fo ...

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India to Punish Officials of States with ‘Personal Penalties’

Drastic measures are being taken in order to prevent more major power outages in India this week. On 31 July, the northern grid collapsed, and on 1 August, in a wider blackout, the northern and eastern ones did so, leaving nearly 620 million people without electricity. Reports have claimed that the blackouts were partly caused by power distributers overdrawing power. While there is a penalty for overdrawing ...

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Suzlon Maintains Full Year Revenue Guidance Despite Biggest Ever Quarterly Loss

Suzlon Energy has had to face the effects of a worsening economic environment, and have reported it’s biggest ever quarterly loss of 849 crore in April-June. Suzlon Energy, who produce wind turbines, have made fewer sales and have had to cope with rising interest costs and a wildly fluctuating currency. Sales rose a modest 9% to 4,770.66 crore, and chief financial officer Kirti Vagadia has admitted, "The fi ...

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