NEWS ANNOUNCEMENT Atonix Digital™ to provide data-driven infrastructure solutions New Black & Veatch company focuses on data analytics to drive efficiency OVERLAND PARK, Kan. (5 January 2018) -- Responding to the widening importance of Big Data analytics across the global business landscape, leading engineering, construction and consulting company Black & Veatch today launched Atonix Digital ...

CDC, the UK government’s development finance institution, has launched a new independent solar and wind generation company to focus on India and neighbouring South Asian nations. Ayana Renewable Power, entirely funded by CDC, will develop “hundreds of megawatts” of generational capacity with a focus on what it named “underserved” Indian states as well as the neighbouring countries of Bangladesh, Nepal, Myan ...

KATHMANDU — President Bidya Devi Bhandari has urged the government and the private sector to increase investment in hydropower sector as it is the basis of economic prosperity of the country. Inaugurating the ‘Himalayan Hydro Expo-2018′ organised by Independent Power Producers’ Association Nepal (IPPAN) here today, President Bhandari drew the attention of stakeholders to increase the investment finding out ...

AUSTRALIANS have thrown their support behind hi-tech, coal-fired power stations as a leading analyst warned it could be decades before batteries to store renewable power were widespread. The Minerals Council of Australia (MCA) survey of 1300 people showed 68 per cent of Australians supported new-generation coal power through high efficiency, low emissions (HELE) coal-fired generation. MCA executive director ...

A common saying suggests “you can never have too much of a good thing”, but this is not true when it comes to supplying electricity. In fact, oversupplying electricity to a particular district can lead to enormous wastage. Unlike money, excess electricity is not easily stored in wallets and banks. To ensure grid stability, unused electricity is often unloaded into the ground and subsequently lost. According ...

Expansion of renewable energy power generation across India will be supported by a new USD 400-million joint initiative backed by the European Investment Bank and YES BANK, whereby the latter will manage the new co-financing programme for the construction of new solar power plants and wind farms across the country. The aforementioned financing programme was announced by Donal Cannon, Head of the European In ...

Chint Solar/Astronergy signed an 80MW PV module supply contract with Atlas Renewable Energy, which is developing an 80MW solar power plant located in Aquiraz, Ceará, Brazil. The project, Sol do Futuro, is scheduled to be delivered by the second quarter of 2018. Brazil has abundant and regular sunlight, and has been developing the solar industry rapidly in recent years. The Brazilgovernment plans to increase ...

TOKYO -- Tokyo Electric Power Co. Holdings and three other Japanese utilities plan to grant access to each other's backup power reserves to better handle dips in renewable energy output and other non-emergency situations. Tepco has agreed on an outline of the arrangement with Kansai Electric Power, Chubu Electric Power and Hokuriku Electric Power. An announcement is expected at the start of next year, with ...

ReNew Power Ventures Pvt. Ltd is close to acquiring Ostro Energy Pvt. Ltd, the company that holds the renewable energy assets of buyout firm Actis Capital, for an enterprise value of Rs10,000 crore, according to two people directly aware of the development. The final valuation has been agreed by both sides, the people said, requesting anonymity. “The equity portion of the transaction is close to Rs2,000 cro ...

CONSUNJI-LED DMCI Holdings, Inc. said that its power unit had clinched a contract to construct a 15-megawatt (MW) thermal power plant in the municipality of Mobo in Masbate. DMCI Holdings informed the local bourse on Monday that DMCI Masbate Power Corp. (DMPC), a wholly owned subsidiary of DMCI Power Corp., had entered into an engineering, procurement and construction (EPC) contract with two entities connec ...