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Battery Storage Market Looks To Boom in Asia

Utilities are increasingly demanding that the life of battery-based energy storage systems (BESS) be extended to 10 years so they can obtain sizeable returns on their investment. Battery manufacturers currently offer five years and are making concerted efforts to enhance the durability of BESS as well as provide value-added services such as warranty and operations and maintenance contracts. In addition to h ...

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MWM’s CHP Solution For Biogas Park Altmark

The operating stability of the MWM CHPs improved significantly Per year and plant, some 10,000 t of energy crops are used in the Biogas Park Altmark (Germany). These are supplied by farms from the region. The use of renewable energy sources reduces carbon dioxide emissions, as the use of biogas only releases as much CO2 as the plants absorbed during their growth. The Biogas Park Altmark was a flagship energ ...

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Huawei Transform PEA Transmission Network Thailand

After thoroughly analyzing Provincial Electricity Authority (PEA)'s requirements, Huawei developed a unified transmission solution customized specifically for PEA. The solution enabled PEA's transmission and transformation network to be upgraded using customized network migration tools, entering a new stage. "PEA's modernized power transmission and transformation network provided by Huawei enables unified p ...

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Tennenbaum & Goldman Purchase Conergy

U.S. private equity funds Tennenbaum Capital Partners LLC (TCP) and Goldman Sachs BDC (GSBD) have bought solar energy company Conergy Asia & ME Pte Ltd and its subsidiaries, Conergy said on Wednesday. Kawa Solar Holdings sold Conergy to the funds for an undisclosed sum in a transaction that closed on Tuesday, Singapore-headquartered Conergy said in a statement. "TCP's and GSBD's extensive experience and ...

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Siemens Gamesa Prepares to Lead Wind Sector

Siemens Gamesa speeds up its integration process and prepares to lead in a growing market • Global revenues decreased by 7% to €2,693 million in the third quarter of fiscal year 2017 as a result of the temporary downturn of the Indian market. O&M service revenue expanded by 8%, to €300 million. • The announced synergies of €230 million are now the 'minimum' and the company expects to realize these syner ...

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MAN Diesel & Turbo Stabilise Taiwanese Island

Two engines add 24.5 MW to Kinmen Island’s power generation The Chinese EPC (Engineering, Procurement, Construction) company Chung Hsin Electric & Machinery Mfg Corp. Corporation (CHEM) has ordered two MAN 51/60 gensets with Selective Catalytic Reduction (SCR) and auxiliary equipment to add extra capacity to a power plant in Taiwan, Republic of Chi- na. The Ta-Shan Power Plant is located on the western ...

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China Leads Smart Meter Installations

A new report from Navigant Research analyzes the state of the global utility electric smart meter market, tracking data related to customer endpoints, meter manufacturers, advanced metering infrastructure (AMI) communications vendors, systems integrators, and meter data management (MDM) vendors. In Asia Pacific, the smart meter market remains fragmented, with a subset of the region’s major countries engagin ...

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China’s Solar Panda

In a display of China's commitment to ramping up renewable energy resources, the country just finished a 250-acre solar farm in the shape of a panda. The effort is partially a PR campaign as China continues to lead the world in renewable energy investment. The first phase of the solar power plant was recently completed, adding 50MW (of the total 100MW) to the electricity grid in Datong, China. The panda sha ...

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Mitsubishi Acquire Cables in UK Offshore Wind Farm

Mitsubishi will acquire power transmission cables for an offshore wind farm in the U.K., gaining a firmer foothold in a market expected to see more growth as Europe shuns nuclear energy in favor of renewables. The Japanese trading house and U.K. fund HICL Infrastructure will spend 180 million pounds ($234 million) to buy transmission cables and substations spanning 26km between the 258-megawatt Burbo Bank E ...

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Vinacomin Stake For Sale!

Vietnam plans to sell a 34.7 per cent stake in power producer Vinacomin Power Holding Corp, worth about 3.3 trillion dong (S$196.9 million), the government said on its website on Thursday. The move follows a government order last year to speed up privatisation of electricity-generating firms. The state, which owns 99.68 per cent in the country's third-biggest power producer, plans to reduce its stake to 65 ...

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