The total amount of the contract is €950 million in total, with Alstom’s share of the contract worth approximately €520 million. The contract will be carried out on an Engineering, Procurement and Construction (EPC) basis. This new unit will replace existing units 4-7 and will make Mae Moh the first lignite-fired power plant in Asia operating with ultra-supercritical conditions. Upon its completion in 2018, ...

ABB was awarded the contract by Istroenergo Group a.s. (IEG), the Slovakia-based power plant engineering, procurement and construction contractor, for its ability to provide a complete and fully integrated electrical and control solution on a fast-track basis for one of the Philippines’ most important new energy projects. The San Gabriel Avion open cycle gas-fired power plant will provide 97 megawatts (MW) ...

India's renewable energy industry is likely to generate business opportunities worth $160 billion in the next five years, the Economic Survey said on Friday, the day before a budget that is set to boost clean energy funding. Prime Minister Narendra Modi is banking on renewables to fight climate change rather than committing to emission cuts like China. He has set ambitious clean-energy targets including rai ...

Clariant, a world leader in specialty chemicals, today announced the completion of the sale of its Business Line Energy Storage to Johnson Matthey Plc, which was announced on October 29th,2014. The sale was closed on February 28th 2015. “The divestment of the Energy Storage business with its LFP technology is part of our focused portfolio management and reallocating capital towards our core areas Care Chemi ...

ABB is supplying a Symphony Plus total plant automation system for a new supercritical power plant that will provide much-needed power for Java, Indonesia’s most populous island and the hub of the country’s fast-growing economy. The 670 megawatt (MW) Banten Serang supercritical coal-fired power plant will provide much-needed power for the people and businesses of Java. With a population of 143 million, Java ...

The European Union opened an in-depth probe of General Electric’s $14.1 billion takeover of the power division of French company Alstom on Monday fearing higher prices and less choice. The European Commission made the move Monday after an initial investigation “indicates potential competition concerns in the market for heavy-duty gas turbines,” which are used in gas-fired power plants, it said in a statemen ...

One of the problems with building the world's largest and most powerful gas turbine is that you need to build a test bed to match. Having invested US$1 billion in its 500,000 bhp 9HA Harriet gas turbine, GE had to fork over another US$185 million to build a full-load test bed at GE Power & Water in Greenville, South Carolina that can handle the grid-busting output of Harriet. The latest of GE’s H-class ...

Indonesia is enhancing the governance and transparency of its energy institutions and state-owned companies, reducing fuel subsidies and facilitating much-needed infrastructure investments, the International Energy Agency (IEA) said today in its second in-depth review of the country’s energy policies, but it must move to meet demand growth and ensure the environmental sustainability of energy supplies. The ...

Renewable Energy Can Fuel India’s Economic Growth, Says IRENA Director-General India boasts some of the lowest development costs for renewable energy technologies worldwide New Delhi, India, 15 February 2015 – Scaling up renewable energy in India is the topic of the day as government officials, investors, and energy industry leaders gather in New Delhi, India to attend RE-Invest, the First Renewable Energy ...

A magnitude 6.1 earthquake shook southeastern Taiwan early saturday, the Central Weather Bureau said. No major damage was reported as of press time. The epicenter of the earthquake was at sea, about 33.6km east of Taitung County Hall at a depth of 18.4km, the bureau said, adding that the earthquake at 4:06am produced intensity readings of five in eastern Taiwan on the nation’s zero-to-seven seismic intensit ...