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Can Southeast Asia Meet Growing Energy Demand?

Southeast Asia’s growth in electricity demand is among the fastest in the worldRenewable energy only meets around 15% of demandHigher temperatures are leading to an increased use of air-conditioningPeak demand for cooling systems could strain power systems The energy market in Southeast Asia is growing rapidly. Overall demand has increased by 80% since 2000, with millions of new customers gaining acces ...

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Malaysia’s TNB Doubles Net Profit

Malaysia's state-controlled electric utility, Tenaga Nasional said Wednesday its third quarter net profit more than doubled from a year earlier thanks to a sharp fall in fuel cost and increase in other operating income. Net profit for the three months ended Sep. 30 totaled 1.2 billion ringgit ($286.9 million) compared with 501 million ringgit over the same quarter last year, Tenaga said in an exchange filin ...

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MC and Chubu Named Preferred Buyers in Bid for Dutch Energy Company “Eneco”

 Mitsubishi Corporation (MC) and Chubu Electric Power Co., Inc. (Chubu) have been selected as the preferred buyers in a bid for the Dutch Energy Company "Eneco"(1). Through their joint establishment of a special purpose company in the Netherlands called Diamond Chubu Europe B.V., MC and Chubu expect to acquire up to 100% of Eneco's shares at a value of 4.1 billion euros. Active mainly in the Netherland ...

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Rolls-Royce & VPower Group expand collaboration with order for MTU gas gensets

•       Contract for delivery of over 200 MTU Series 4000 gas gensets •       Largest order for MTU gas gensets ever •       Gensets will be used globally in VPower projects HONG KONG, CHINA Rolls-Royce and VPower Group have strengthened their strategic relationship by signing a landmark deal for the sup ...

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India’s Finance Commission tells Power Ministry Emission Finance Package Unviable!

India's Finance Commission has told the power ministry that its proposal to award utilities 835 billion rupees ($11.6 billion) in incentives to install equipment to curb emissions is "unviable," a senior official at the ministry told said on Tuesday. The ministry submitted its proposal to the Finance Commission, which reviews government spending, in February. The proposal was intended to help plants comply ...

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HIMOINSA announces its new subsidiary in Australia

As part of HIMOINSA’s global expansion, the strategic alliance allows combined, experience, resources, and diversity to strengthen the company’s competitive advantages, and to encourage its growth in Australian market. HIMOINSA announces its 13th global subsidiary after alliance with Australian company Generator Power. Representatives from Yanmar and HIMOINSA, distributors, customers, end users, have joined ...

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AES Sign MOU in Vietnam for $1.7bln USD LNG Fuelled Power Plant

Vietnam and the U.S. signed memorandums of understanding on major business deals worth $2.7 billion on Friday as the two countries seek to reduce the latter's climbing trade deficit. The signing ceremony was attended by Prime Minister Nguyen Xuan Phuc, Minister of Industry and Trade Tran Tuan Anh, U.S. Commerce Secretary Wilbur Ross and US Ambassador to Vietnam Daniel Kritenbrink. U.S.-based AES Corporation ...

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Sulzer Overhaul 55MW Indonesian Geothermal Steam Generator

Sulzer’s mobile repair equipment reduces downtime to just 45 days Geothermal sites are often located in areas that are difficult to access. In this case, a power station in Indonesia in a mountainous area 780 meters above sea level with narrow access roads needed a steam turbine overhauled. Sulzer was chosen to overhaul the 55 MW steam turbine-generator as a result of its expertise, experience and ability t ...

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The expansion of Tanjung Jati B power station in Indonesia is a $4.4bn project and will add two high efficiency ultra-supercritical coal-fired units, each with 1,000MW capacity. They will increase the existing power plant’s capacity by 75%, contributing to the Indonesian government’s plan to increase the country’s power generation capacity by 35,000MW. ALE was contracted for the installation of a 462t gener ...

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