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Nv Vogt secures solar power plant finance of $29 Million for the Philippines

Armstrong Asset Management (AAM; Singapore, Malaysia) has committed to provide USD 29 million to fund the construction of a pipeline of bilateral solar photovoltaic (PV) projects in the Philippines being developed by the development company, nv vogt (Singapore). The first project is a 6.25 MW ground-mounted and grid-connected solar PV plant in South Cotabato in the southern region of Mindanao, with construc ...

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Solar power installations jump to new annual record

The year 2013 saw record-breaking growth for solar electricity generation as the photovoltaic (PV) and concentrated solar thermal power (CSP) markets continued to grow. With over 39 gigawatts installed worldwide, the PV solar market represented one third of all newly-added renewable energy capacity, write Worldwatch's Max Lander and Climate and Energy Intern Xiangyu Wu in the Worldwatch Institute's latest V ...

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Transmission and Distribution Infrastructure Annual Investment to Reach $198 Billion by 2024

Over the next decade, the world will need to invest between $140.2bn to $170.5bn per year on traditional transmission and distribution (T&D) infrastructure in order to keep pace with growth in electricity demand. An additional $8.0bn to $27.3bn will be invested annually in smart grid infrastructure to improve the efficiency and reliability of T&D grids, according to a new dataset published today by ...

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Trilliant Continues Global Expansion in Southeast Asia

Trilliant, a leading U.S.-based smart grid platform company, today announced further expansions of its smart grid projects with leading Southeast Asian utilities Tenaga Nasional Berhad ("TNB") in Malaysia, Manila Electric Company ("Meralco") in the Philippines and Provincial Electricity Authority ("PEA") in Thailand. This announcement is made at the Asian Utility Week, Asia's premier annual Smart Grid/Smart ...

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Water & Wastewater Utilities Turn to SCADA to Improve Operations and Business Efficiency

With clean water becoming increasingly scarce and precious, the perceived and inherent value of water increases, driving investment in more sophisticated monitoring and controls. According to a new ARC Advisory Group report, “Advanced SCADA Systems for the Water & Wastewater Industry Global Market Research Study”, barring any new economic slowdowns, the SCADA market for water & wastewater is poised ...

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Nickel Asia ventures into renewable energy

Nickel Asia Corp is all set to diversify into the power business through the acquisition of a controlling stake in a local renewable energy firm. In a statement, Nickel Asia said that it has opted to provide a $12.6 million loan directly to Emerging Power Inc (EPI) instead of the latter's project company developing the Montelago geothermal power project in Occidental Mindoro. Under the terms of the loan agr ...

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Increasing Focus on Renewable Energy Drives the Global Wind Power Market

In an era characterized by high-energy costs, depleting natural resources and environmental pollution, wind power is garnering considerable attention as an irresistible eco-friendly method of generating electrical power. Developments in wind technology have made wind energy the most affordable form of renewable energy. With several advantages stacked in its favor, wind power is all set to ease the pressure ...

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Siemens delivers Chana 2 combined cycle power plant in Thailand

Siemens and Marubeni have delivered the Chana 2 combined cycle power plant to Electric Generating Authority of Thailand (EGAT). Located in the Songkhla province in the south of Thailand, the 800MW natural-gas-fired plant features two units in a single-shaft configuration. A consortium of Siemens and Marubeni built the Chana 1 multi-shaft combined cycle plant in 2008, and two further combined cycle units hav ...

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Taipower generators shut down in wake of incident

Four sets of Taiwan Power Company's (Taipower) generators fed with natural gas were shut down on the night of Aug. 1 as the company coordinated with Kaohsiung City government in rescue efforts and underground pipeline repair. The four generators, fed with liquid natural gas, are located in Kaohsiung and supply utilities to the city. The shutdown will lower the island's electricity output by 1100-megawatts, ...

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AP Genco clarifies on thermal unit overhaul

The Andhra Pradesh Power Generation Corporation has said the proposed overhaul of 500 MW unit of the Simhadri stage-1 from August 16 has been deferred by the Transmission Corporation of Andhra Pradesh. Though it was programmed to shut down the unit, catering to requirements of A.P. and Telangana, for 35-day overhaul, the proposal was put on hold keeping in view the demand in spite of inflows into reservoirs ...

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