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Egat plans to venture into SE Asia

State-owned power producer Electricity Generating Authority of Thailand (Egat) plans to venture overseas and could invest 17 billion baht in expanding into Laos, Vietnam, Indonesia and other regional markets, a group executive said. Thailand's domestic power demand is expected to reach 52,256 MW by 2030 from 26,355 in 2013. (EPA photo) EGAT will be joining private Thai power producers such as Ratchaburi Ele ...

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China Hydroelectric Corporation Announces Completion of Merger

China Hydroelectric Corporation (NYSE: CHC, CHCWS) ("China Hydroelectric" or the "Company"), an owner, developer and operator of small hydroelectric power projects in the People's Republic of China, today announced the completion of its merger (the "Merger") with CPT Wyndham Sub Ltd. ("Merger Sub"), a wholly-owned subsidiary of CPT Wyndham Holdings Ltd. ("Parent"), pursuant to the agreement and plan of merg ...

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Imergy Power Systems Achieves Technological Breakthrough in Energy Storage: Flow Batteries Made From Recycled Vanadium

Exclusive Process for Utilising Low-grade Vanadium From Oil Fields and Mines in Flow Batteries will Lower Cost and Increase Performance of Energy Storage Imergy Power Systems, a pioneer in advanced storage systems, has achieved a fundamental milestone in energy storage by developing an exclusive process for producing high-performance flow batteries with recycled vanadium from mining slag, oil field sludge, ...

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D3SCOM Engineering (D3) Sdn. Bhd. invest in AVEVA E3D and AVEVA Laser Modeller

D3SCOM Engineering (D3) Sdn. Bhd.has adopted AVEVA Everything3D (AVEVA E3D) and AVEVA Laser Modeller software for its brownfield projects with Owner Operators in Malaysia. AVEVA software solutions enable D3’s designers to have a clear understanding of the as-is condition of an asset during brownfield projects. Direct integration of the 3D design model into the intuitive laser scan BubbleView allows accurate ...

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FTC fines nine electricity suppliers over NT$6 billion

The Fair Trade Commission (FTC) yesterday announced its latest decision to fine nine privately owned electricity suppliers a total of NT$6.007 billion for refusing to cooperate with the Taiwan Power Company (Taipower, 台電) to lower the price of electricity. This is the third attempt by the FTC to fine the nine electricity suppliers. The commission in March 2013 deemed that the electricity companies violated ...

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Fukushima builds ‘ice wall’ to contain leaks

Officials at the Fukushima Daiichi nuclear power station in Japan have shown an underground wall of ice they are building to stop radioactive water from leaking from the facility. Tepco, the owner of the station, which is still crippled three years after an earthquake and tsunami set off nuclear meltdowns in the region, has been fighting a continuous battle to deal with hundreds of thousands of tonnes of co ...

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State Grid Corp of China in frame for stake in Italy’s energy grids

China's state power grid is one of two bidders for a large stake in Italy's energy grids, but such a link could create problems because the Chinese and Italians both aim to buy assets around Europe, sources said. As part of a privatisation drive to cut public debt, Italian state lender Cassa Depositi e Prestiti (CDP) is trying to sell up to 49 per cent of CDP Reti - the vehicle that controls gas grid Snam a ...

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New row over APPDCL’s ownership

Ownership of the AP Power Development Company Limited (APPDCL) promises to be the latest bone of contention between the two newly formed States of Telangana and Andhra Pradesh. The transfer of equity held by former APGenco and the erstwhile AP government in the company, totally to the APGenco, is now being challenged by the Telangana Electricity Employees’ JAC. In its detailed report over various power rela ...

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Hydrogen fuel cell developer raises funds though IPO in London

Intelligent Energy, a prominent developer of fuel cell technology based in the United Kingdom, has raised nearly $70 million through its initial public offering (IPO) in London. The company had seen promise in the fuel cell industry and the global market, opting to launch its IPO in order to obtain new funding that would help it make progress on its various projects. Intelligent Energy has played a major ro ...

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Goldman and co sink $140m into Indian renewables firm

India's ReNew Power Ventures Pvt Ltd has raised $US140 million from three investors, including a private equity fund managed by Goldman Sachs, the renewable energy firm said on Thursday. Asian Development Bank invested $US50 million, while Global Environment Fund, a leading alternative asset investment firm focused on energy, environment and natural resources, invested $US20 million, ReNew Power said in a s ...

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