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US Clean Energy Cooperation in Asia

Energy demand in Asia will continue to climb in the coming decades, which will have critical economic, climate, and geostrategic implications for the United States. Over the next 20 years, India and Southeast Asia are expected to record the world’s highest carbon dioxide growth rates. For this reason, tackling energy-related emissions in this region must be a part of any meaningful global strategy to c ...

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ADB Finance Indonesian Power Plant

The Asian Development Bank (ADB) has agreed to finance Jawa-1 power plant in Indonesia. Credit: Asian Development Bank. The Asian Development Bank (ADB) has agreed to finance Indonesia’s largest combined-cycle gas turbine (CCGT) power plant, Jawa-1. Located in Cilamaya, Karawang, West Java, the project uses liquefied natural gas (LNG) and comprises a 1,760MW CCGT power plant and ancillary infrastructure. Th ...

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Toshiba Advances VPP Capabilities With Ai & IoT

Virtual is a word we’ve come to hear more frequently in recent years. There’s virtual reality, which simulates interactive environments, and there are virtual currencies, like Bitcoin, unregulated digital money. Now virtual is reaching into the world of energy, and we are seeing the development of virtual power plants, VPP as they are known. And they are attracting a lot of attention. So, just what is a VPP ...

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OCBC Will Not Fund Coal in Vietnam

OCBC Bank, South-east Asia's second-largest lender, said two Vietnamese coal-fired power plants will be the last it finances as it increases funding for renewable projects. "We won't do any new coal-fired power generation plants in any countries, except for the power projects that we are already in, or we have committed to," chief executive Samuel Tsien said in an interview at its Singapore headquarters on ...

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Vietnam Desperate for More Energy

With a rapidly growing economy, Vietnam is facing an increase in energy demand which is forecasted to grow 10 percent annually. The Vietnam Energy Outlook Report 2017 released by the Vietnamese government in collaboration with the Danish Energy Agency states that electricity demand is expected to grow eight percent annually until 2035. Vietnam’s economy is forecast to grow at a rate of between 6.5 and 7.5 p ...

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Rolls-Royce & ABB announce global Microgrid cooperation

Rolls-Royce and ABB announce global microgrid cooperation •       Partnership on microgrid solutions that integrates digital technology and efficient hybrid power systems  •       Rolls-Royce and ABB will offer microgrids for utilities, commercial and industrial establishments Rolls-Royce and ABB have an ...

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Japan Opposed to New Coal Power Projects

Japan’s environment minister has announced he will “in principle” oppose any new plans to build or expand coal-fired power stations, as further signs emerge of a dramatic energy pivot by Australia’s top export market for thermal coal. Guardian Australia reported in March that Japan had cancelled a large percentage of planned investments in coal-fired power, while Japanese investment vehicles were ditching c ...

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GE & Uniper Unveil World’s First High Efficiency Upgrade for GT26 GT Fleet

GE and Uniper Unveil ‘GT26 HE’ Solution, the World’s First High-Efficiency Upgrade for the GT26 Gas Turbine Fleet • By Tapping into GE’s H-Class, F-Class and Additive Manufacturing Technologies, GE Unleashes Full Performance of the GT26 Platform • GE’s GT26 High-Efficiency Upgrade Provides a Leap Forward in Efficiency; Significantly Decreases Fuel Costs, Increases Plant Output up to 55 Megawatts per Unit an ...

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MAN Energy Solutions & H-Tec Systems Join Forces

MAN Energy Solutions is acquiring 40 percent of the shares of the electrolysis technology company H-TEC SYSTEMS. A contract confirming the partial acquisition was signed in Augsburg by Dr. Uwe Lauber, CEO of MAN Energy Solutions, and Ove Petersen and Heinrich Gärtner, executive managers of the GP JOULE Group. The contract also makes provisions for a majority or complete takeover of H-TEC SYSTEMS at a later ...

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ADB Finance CCPP in Indonesia

The financing consists of a $70 million A loan from ADB’s ordinary capital resources and $82 million B loan from Sumitomo Mitsui Banking Corporation and MUFG Bank, with ADB providing a partial risk guarantee (PRG) to the participating commercial banks. ADB will also administer a $20 million loan from Leading Asia’s Private Sector Infrastructure Fund (LEAP), supported by the Japan International Cooperation A ...

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