24
Wed, Aug
21 New Articles

Renewable Top Stories

Grid List

Southern Company subsidiary Southern Power and SunPower Corp. today announced that Southern Power has acquired a controlling interest in the 102-megawatt (MW) Henrietta Solar Project in Kings County, California, from SunPower, which will own the remaining interest in the project.

"The acquisition of the Henrietta Solar Project underscores Southern Power's leadership in developing
renewable energy," said Southern Power President and CEO Buzz Miller. "Through strategic partnerships, including with SunPower, we continue to accelerate our solar generation growth in California."

The Henrietta Solar Project represents Southern Power's first joint venture with SunPower, which developed, designed and is constructing the facility and will operate and maintain it upon completion. Construction began in May 2015, and the project is expected to be fully operational in the third quarter of this year.

"With over 30 years' experience and more than 2.5 gigawatts of innovative solar power plants operating around the world, SunPower is a global leader driving the adoption of reliable, cost-effective solar power at utility scale," said SunPower CEO Tom Werner. "We are proud to partner with Southern Power to deliver long-term value for the utility, its customer, and the California homes and businesses that will benefit from the emission-free power generated by the Henrietta Solar Project."

Existing Southern Power customer Pacific Gas and Electric Company will purchase the electricity and associated renewable energy credits (RECs) generated by the facility under a 20-year power purchase agreement.

SunPower is constructing a SunPower® Oasis® Power Plant system at the approximately 670-acre Henrietta site. Oasis is a fully-integrated, modular solar power block that is engineered to rapidly and cost-effectively deploy utility-scale solar projects while optimizing land use. Once operational, the facility is expected to be capable of generating enough electricity to help meet the energy needs of approximately 24,000 average U.S. homes.

The Henrietta Solar Project fits Southern Power's business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts. With more than 2,100 MW of renewable generating capacity ownership, Southern Power assembled its nationally recognized renewable portfolio through the strategic acquisition or development of 28 solar, wind and biomass projects that are either in operation or under construction across the United States. The Henrietta Solar Project marks Southern Power's 11th solar project in California and is the company's first acquisition in Kings County.

Southern Power provides wholesale generation to more than 40 energy providers that serve more than 40 million customers across the country.

About Southern Power
Southern Power, a subsidiary of Southern Company, is a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities, and other energy customers. Southern Power and its subsidiaries own or have the rights to 37 facilities operating or under construction in 10 states with more than 10,700 MW of generating capacity in Alabama, California, Florida, Georgia, Maine, Nevada, New Mexico, North Carolina, Oklahoma and Texas.

About SunPower
As one of the world's most innovative and sustainable energy companies, SunPower (Nasdaq: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

About Southern Company
Southern Company is America's premier energy company, with 44,000 megawatts of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million electric and gas utility customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric utilities in four states, natural gas distribution utilities in seven states, a competitive generation company serving wholesale customers across America and a nationally recognized provider of customized energy solutions, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and affordable prices that are below the national average. Through an industry-leading commitment to innovation, Southern Company and its subsidiaries are inventing America's energy future by developing the full portfolio of energy resources, including carbon-free nuclear, 21st century coal, natural gas, renewables and energy efficiency, and creating new products and services for the benefit of customers. Southern Company has been named by the U.S. Department of Defense and G.I. Jobs magazine as a top military employer, recognized among the Top 50 Companies for Diversity by DiversityInc, listed by Black Enterprise magazine as one of the 40 Best Companies for Diversity and designated a Top Employer for Hispanics by Hispanic Network. The company has earned a National Award of Nuclear Science and History from the National Atomic Museum Foundation for its leadership and commitment to nuclear development and is continually ranked among the top utilities in Fortune's annual World's Most Admired Electric and Gas Utility rankings. Visit our website at www.southerncompany.com.

SunPower
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding expected project timelines, projected energy output, and expected cost savings. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: regulatory changes and the availability of economic incentives promoting use of solar energy, challenges inherent in constructing and maintaining certain of our large projects, and fluctuations or declines in the performance of our solar panels and other products and solutions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

Canadian Solar Inc one of the world's largest solar power companies announced that it has entered into a private placement with Prudential Capital Group, pursuant to which, the global investment management business of Prudential Financial, Inc. has agreed to purchase non-recourse notes with principal amount totaling approximately JPY6.2 billion (US$60.0 million). The proceeds from the private placement will be used to finance a portfolio of environmentally-friendly solar power plants totaling 21.2MWp in Japan.

"This is our inaugural green solar private placement with a blue chip institutional investor, and represents the second project bond financing structure executed by Canadian Solar in the Japanese market, further diversifying our funding mix," commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc. "This successful transaction once again underscores the confidence that leading financial institutions have in Canadian Solar's project pipeline in Japan and positions us well to continue to deliver on our mission to accelerate the deployment of clean, reliable, emission-free solar energy worldwide."

About Canadian Solar Inc.

Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and a provider of solar energy solutions, Canadian Solar has a geographically diversified pipeline of utility-scale power projects. In the past 14 years, Canadian Solar has successfully shipped over 14 GW of premium quality modules in over 90 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publically listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on Facebook, Twitter, LinkedIn, or on the website.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/canadian-solar-secures-jpy62-billion-green-solar-financing-in-japan-300296343.html

Ed Job,
CFA, Director,
Investor Relations,
Canadian Solar Inc.,
This email address is being protected from spambots. You need JavaScript enabled to view it. ;

David Pasquale,
Global IR Partners,
This email address is being protected from spambots. You need JavaScript enabled to view it.,
+1-914-337-8801

28-acre expanded array atop Mandalay Bay Resort & Casino will offset 25 percent of the resort’s peak energy demand
July 6, 2016
NRG Energy, Inc and MGM Resorts International announced the completed expansion of the nation’s largest rooftop solar array. On the roof of the Mandalay Bay Convention Center, the expanded solar array has more than 26,000 photovoltaic panels and produces a combined 8.3 MW dc (6.5 MW ac) of electricity, a new national record for rooftop arrays. At full production, the system supplies 25% of the power demand of the entire Mandalay Bay Resort & Casino campus.
It is projected that the expanded solar installation will displace approximately 8,400 metric tons of carbon dioxide (CO2) annually, the equivalent of taking more than 1,700 automobiles off the road. The electricity produced is also equivalent to the average annual usage of 1,340 U.S. homes. Since completion of the first phase in 2014, the project has helped provide pricing stability for MGM Resorts, while reducing the amount of energy drawn from the southern Nevada grid during times of peak electricity demand.
“MGM Resorts International has a long history of integrating environmentally responsible practices throughout our operations to help preserve the planet’s limited resources,” said Cindy Ortega, Senior Vice President and Chief Sustainability Officer of MGM Resorts International. “Our continued partnership with NRG is a source of pride and inspires our desire to continually implement innovative solutions that promote renewable energy.”
Chuck Bowling, President and COO of Mandalay Bay Resort & Casino added: “The expansion of our rooftop solar installation at Mandalay Bay significantly advances our resort’s commitment to being a leading sustainable destination for conferences and conventions. Utilizing energy produced from a renewable resource is a cornerstone of our comprehensive strategy of sustainable operations. ”
“Companies like MGM Resorts are driving an evolution in America’s energy mix as they seek cleaner sources of power that provide more certainty over energy costs,” said Craig Cornelius, Senior Vice President of NRG Energy and head of NRG’s Renewables group. “The solar array atop Mandalay Bay is stunning in its scope and functionality, and we’re thrilled to have MGM as a partner.”
The expanded project uses technology from Ten K Solar. Ten K’s REFLECT™ system consists of 4,644 Modules, 180 inverters and a fully integrated Ten K racking system with no roof penetrations. The racking system uses 3M Cool Mirror Film™ to reflect only the light wavelengths usable by the photovoltaic cells. Ten K’s parallel cell and module architecture allows for modules to capture non-uniform irradiance coming from reflected light. The architecture further eliminates any single points of failure, increasing total system availability and reducing operation and maintenance costs.
NRG owns and operates the installation for MGM Resorts at Mandalay Bay Resort and Casino. Through a 25-year Power Purchase Agreement (PPA), Mandalay Bay Resort will purchase all the electricity generated by both solar arrays.
About MGM Resorts International
MGM Resorts International  is one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company is in the process of developing MGM National Harbor in Maryland and MGM Springfield in Massachusetts. MGM Resorts controls, and holds a 73 percent economic interest in the operating partnership of MGM Growth Properties LLC (NYSE: MGP), a premier triple-net lease real estate investment trust engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. The Company also owns 51 percent of MGM China Holdings Limited (HK: 2282), which owns the MGM Macau resort and casino and is developing a gaming resort in Cotai, and 50 percent of CityCenter in Las Vegas, which features ARIA Resort & Casino. MGM Resorts is named among FORTUNE® Magazine's 2016 list of World's Most Admired Companies®. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
About NRG
NRG is the leading integrated power company in the U.S., built on the strength of the nation’s largest and most diverse competitive electric generation portfolio and leading retail electricity platform. A Fortune 200 company, NRG creates value through best in class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. Working with electricity customers, large and small, we continually innovate, embrace and implement sustainable solutions for producing and managing energy. We aim to be pioneers in developing smarter energy choices and delivering exceptional service as our retail electricity providers serve almost 3 million residential and commercial customers throughout the country.
Media Contacts:
MGM Resorts International
Rey Bouknight
702-692-6804
This email address is being protected from spambots. You need JavaScript enabled to view it.

MGM Resorts International
Sonya Padgett
702-692-6807
This email address is being protected from spambots. You need JavaScript enabled to view it.

NRG Energy
Erik Linden
609-524-4519
This email address is being protected from spambots. You need JavaScript enabled to view it.

Energy Vision has selected Flexenclosure – a Sweden-based designer and manufacturer of prefabricated data centre buildings and green hybrid power systems for the ICT industry – for a significant eSite hybrid power system rollout in Gabon.

Energy Vision, a telecom-focussed Renewable Energy Service COmpany (RESCO), will use the eSites to power mobile telecom sites for one of the largest mobile operators in the world.  Flexenclosure is well represented with deployments across sub-Saharan Africa, but this is their first order in the central West African nation of Gabon.

Energy Vision provides cost-effective and environmentally friendly end-to-end solutions for powering telecom equipment with a focus on sites where the electricity grid is either non-existent or unreliable.  This includes all related services such as implementation, NOC, operation & maintenance and expansions.  Flexenclosure will be working closely with Energy Vision, not only providing equipment but also comprehensive on-site training and local implementation support during Energy Vision’s network rollout.

“Our ‘energy as a service’ business model depends entirely on implementing power solutions we can trust to deliver exceptional performance at lowest possible cost, and that our customers can trust to maintain their network uptime,” said Ofer Ahiraz, CEO, Energy Vision.  “Flexenclosure have worked with us to customise the eSites to our precise requirements and we’re confident that they are absolutely the right choice if we’re to deliver on both of these objectives.”

eSite is a hybrid power system for off-grid and bad-grid cell sites delivering 24/7 network uptime; diesel-related cost savings of up to 90 per cent; and the best sustained performance over time versus any competing hybrid power system.  The Energy Vision deployment will include 3.6kWp solar arrays.  eManager, an all-in-one toolbox for site power infrastructure management, including remote monitoring, power optimisation, KPI reporting, and site logistics, is an integral part of the product.

“We are delighted to be working with Energy Vision,” said David King, CEO, Flexenclosure. “This deployment reinforces eSite’s status as the solution of choice for energy companies, tower companies and mobile operators looking for the industry’s most reliable hybrid power systems and where speed of deployment is of the essence.”

Thanks to its vast oil reserves, Gabon is one of the wealthiest nations in Africa, with GDP growth of over six per cent annually. The mobile penetration rate reached 100 per cent in 2008 and now stands at an impressive 194 per cent.

For additional information please contact:

David King
CEO, Flexenclosure
Phone: +46 (510) 427 000
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Ofer Ahiraz
CEO, Energy Visio
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

About Flexenclosure
Flexenclosure is a designer and manufacturer of prefabricated data centre buildings and intelligent power management systems for the ICT industry. The company provides systems that are fully integrated, modular, factory tested for reliability, adaptable to local conditions and quick to install.

eSite is a hybrid power system for off-grid and bad-grid cell sites delivering 24/7 network uptime and diesel-related cost savings of up to 90 per cent. eManager, an all-in-one toolbox for site power infrastructure management, including remote monitoring, power optimisation, KPI reporting, and site logistics, is an integral part of the product.

eCentre is a custom-designed, prefabricated data centre building that is fast to deploy, energy efficient and easy to expand. eCentre is a future proofed state-of-the-art technical facility that provides a flexible and expandable open floor space and is optimised for energy efficiency.

About Energy Vision:
Energy Vision, a telecom-focused renewable energy service company (RESCO), led by a highly experienced team with MNO, TowerCo and telecom system integration experience in Africa, from business conception all through deployment, logistics, maintenance and operations, is focused on emerging markets, predominantly Sub-Saharan Africa.

Energy Vision offers its customers (cellular operators and telecom tower companies), a unique business model whereby the CAPEX is borne by Energy Vision, no investment and no operational risk is borne by the customer, reduced OPEX (from current run rate) with fixed and predictable monthly fees.Energy Vision offers energy-efficient, cost-effective, environmentally friendly solutions to powering telecom infrastructure in countries where the electric grid is either non-existent or only partial and unreliable. The combined solutions are based on the latest green technology and strong track record that assure the reliability of the power systems.www.genergy.vision

Hassyan Energy Company, a joint venture between Dubai Electricity & Water Authority (DEWA) (51%) and ACWA Power Harbin Holding Company (49%), has signed the EPC agreement with both Harbin Electric International and General Electric (GE) for the Hassyan Energy Phase 1 P.S.C.
The EPC agreement pushes forward the development of the project, which will produce 2,400 MW of net electricity using clean coal, and works towards achieving the objectives outlined in Dubai’s CleanEnergy Strategy 2050, in particular the fifth pillar, which prioritizes environmentally friendly energy according to the following percentages: 25% solar energy, 7% nuclear energy, 7% clean coal, and 61% natural gas by 2030.  The first unit is expected to be operational by March 2020 – before Expo 2020 in Dubai.
Hassyan Clean Coal IPP is the first clean coal power plant in the Middle East. The ultra-supercritical plant will deliver best in class performance on efficiency, output and adherence to global environmental best practices.
Commenting on the signing, H.E Saeed Al Tayer, MD and CEO of DEWA said: “The project reflects our commitment to following through on the vision of his HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, to diversify the energy mix and develop our country’s resources, in our bid to achieve Dubai’s Clean Energy Strategy 2050, which considers the production of electricity through the use of clean coal a key component. Hassyan will utilize the latest global clean coal technologies, such as the ultra-supercritical technology, and the latest environmental standards. Hassyan Clean Coal IPP will also be implemented under a BOO model.”
Commenting on the agreement, Mr. Mohammed Abunayyan, Chairman of ACWA Power, said: “By signing this agreement today, we have taken a significant step towards starting the engineering and construction works as per the stated timeframe for the first plant of generating electricity with clean coal in the Gulf region within our strategic businesses and projects in the UAE. We are committed to supporting, with all our best-in-class expertise, capabilities and technologies, Dubai’s Clean Energy Strategy 2050. I am fully confident that signing the EPC agreement with Harbin Electric International and General Electric (GE) will secure the delivery of the required works efficiently and with high quality results.”
Qu Aimin, Vice-Chairman of Harbin Electric International added: “As a Chinese saying goes, distance tests a horse’s strength, time will reveal a person’s sincerity. With our state of art service and high efficient EPC teams, we will put in place all efforts, and make Hassyan plant a bench-marking project in Dubai and beyond.”
Andreas Lusch, President & CEO of GE’s Steam Power Systems, said: “The Hassyan Clean Coal IPP is a flagship project that highlights the focus of the UAE government and DEWA to diversify the region’s energy mix in a clean and sustainable way. Along with our partners, GE is proud to celebrate this significant milestone in a project that will showcase our highly efficient ultra-supercritical coal technology to help meet Dubai’s growing demand for efficient and reliable power, at very competitive costs, while keeping an exceptionally low environmental footprint.”
Importantly, the Hassyan plant will operate in compliance with aggressive emissions and environmental international standards. To help further guarantee compliance, the power plant will meet the limits set for flue gas emissions which are stricter than the emission limits in the Industrial Emissions Directive (IED) of the European Union and in the International Finance Corporation (IFC) guidelines.
The signing of the EPC agreement follows the close of the 25-year Power Purchase Agreement (PPA) between DEWA and ACWA Power for the development of phase one of the project.
Phase 1 of the project consists of four units of 600 MW net power each, which will respectively be operational in March 2020, March 2021, March 2022 and March 2023.

JUNO BEACH, Fla., June 30, 2016 /PRNewswire/ -- Florida Power & Light Company (FPL) today announced that its Automated Fault Mapping Prediction System project was recognized with an Award of Excellence by the International Smart Grid Action Network (ISGAN), an organization that brings together governments and their stakeholders to accelerate the development and deployment of smarter electricity grids worldwide through dynamic knowledge sharing, peer exchange, tool development and project coordination.

 International Smart Grid Action Network accolade for its continued investments to build a stronger, smarter, more reliable energy grid for its customers

"We're honored that our work to build a stronger and smarter energy grid for Florida is being recognized," said Eric Silagy, president and CEO for FPL. "Innovative projects like this help us deliver reliable service to our customers year-round. Leveraging advanced solutions such as the Automated Fault Mapping Prediction System, gives us unprecedented visibility across the grid so we can more quickly detect and prevent many issues before they become problems for our customers."

FPL's project focused on leveraging smart grid data integration to direct crews to the location of a power line problem faster – resulting in fewer customers affected by outages.

"This award is a reflection of our team of innovators' diligent work to implement smart grid solutions that continue to improve the service we provide our customers," said Manny Miranda, senior vice president of Power Delivery for FPL. "We have made remarkable strides in our ability to monitor and manage the energy grid today compared to just a few years ago, helping us deliver greater reliability in good weather and bad."

Advanced technology is helping FPL reduce costs and improve system reliability, which is the best in Florida and among the best in the nation – nearly 50 percent better than the national average. Over the past five years, smart grid technology has helped FPL improve its service reliability by more than 25 percent. For several years, FPL has been investing in advanced smart grid technology and using predictive analytics to deliver real-time data directly to technicians in the field and engineers in the company's diagnostic centers. Engineers, in turn, analyze the data to measure and improve electric grid performance. In fact, smart grid technology is increasingly helping FPL identify power outages, often times before they occur, further improving service restoration times and operational efficiencies.

Key customer benefits of a smarter grid

·         Enhanced detection and prevention of outages

·         Faster response time when outages occur

·         Reduced operating costs through increased efficiencies

·         More information and customer control than ever before

The ISGAN Award of Excellence is given to one or more exemplary global smart grid projects each year at the conclusion of an annual international awards competition. Award of Excellence projects are judged by several criteria including innovation, economic rationale and reliability improvements. This award comes on the heels of FPL's nuclear power plants being recognized with the Nuclear Energy Institute's 2016 top innovation award for pioneering a unique program that significantly improves plant performance.

For more information, visit FPL.com/smartgrid.

Florida Power & Light Company
Florida Power & Light Company is the third-largest electric utility in the United States, serving more than 4.8 million customer accounts or more than 10 million people across nearly half of the state of Florida. FPL's typical 1,000-kWh residential customer bill is approximately 30 percent lower than the latest national average and, in 2015, was the lowest in Florida among reporting utilities for the sixth year in a row. FPL's service reliability is better than 99.98 percent, and its highly fuel-efficient power plant fleet is one of the cleanest among all utilities nationwide. The company was recognized in 2015 as one of the most trusted U.S. electric utilities by Market Strategies International. A leading Florida employer with approximately 8,800 employees, FPL is a subsidiary of Juno Beach, Fla.-based NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, ethics and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune's 2016 list of "World's Most Admired Companies." NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun. For more information, visit these websites: www.NextEraEnergy.comwww.FPL.comwww.NextEraEnergyResources.com.

Mitsubishi Hitachi Power Systems Ltd (MHPS) has received an order for a steam turbine and generator set with a rated output of 49 megawatts (MW) for Chang Chun Petrochemical Co Ltd. of Taiwan.

The machinery on order will become the core equipment of a coal-fired cogeneration system expansion project underway at the company's Miaoli Plant in Miaoli City. The new plant equipment is scheduled to go onstream in the first half of 2018.

Chang Chun Petrochemical's Miaoli Plant is located approximately 100 kilometers southwest of Taipei. Installation of the new cogeneration facilities at the existing plant is targeted at increasing its power and steam supply capacities in tandem with expansion of the plant's production lines.

Based on the newly concluded agreement, MHPS will supply a double extraction-condensing turbine capable of generating electric power and two types of process steam, plus a condenser, generator and other major core and ancillary equipment. Mitsubishi Corporation will handle the trade particulars.

Chang Chun Petrochemical is a member of the Chang Chun Group, one of Taiwan's leading petrochemical conglomerates. With headquarters in Taipei, the company has plants in Miaoli, Kaohsiung and Yunlin County. MHPS previously supplied the core equipment of three existing generation facilities currently in operation at the Miaoli Plant, and to the Chang Chun Group as a whole the Company has a delivery track record of seven steam turbines and five boilers. The new order reflects the Chang Chun Group's high evaluation of the reliability of these earlier installations.

Going forward, MHPS will further step up its marketing activities in the global and domestic markets for industrial in-house power generation and cogeneration systems, as a way of contributing to infrastructure building in countries and regions everywhere.

About Mitsubishi Hitachi Power Systems, Ltd
Mitsubishi Hitachi Power Systems, Ltd. (MHPS) was formed on February 1 2014, integrating the thermal power generation systems businesses of Mitsubishi Heavy Industries, Ltd. (MHI) and Hitachi, Ltd. in a quest to further enhance their social response capabilities in all respects. These include the technological strength to create new products of outstanding quality and reliability, the comprehensive strength in engineering to oversee projects in regions across the globe, and finely honed sales and after-sale servicing capabilities. MHPS aims to come out a winner in global competition and achieve a solid position as a world leader in thermal power generation systems and environmental technologies. For more information, please visit www.mhps.com.

Contact:

Mitsubishi Heavy Industries
Hideo Ikuno
This email address is being protected from spambots. You need JavaScript enabled to view it.
+81-3-6716-5277

 

 

 

The company has been contracted to install a total of 230 of its G97-2.0 MW class S and G114-2.0 MW class S turbines, custom-designed for the low wind speed sites typical of India

Gamesa continues to make solid inroads into the Indian market, reinforcing its leadership position with seven new orders1 for the supply of 460 MW in total to several customers.

The company will handle the turnkey construction of the most of the developments, as well as the supply, installation, commissioning and management of the operations and maintenance services of the facilities.

In all, Gamesa will supply 170 of its G114-2.0 class S turbines (340 MW) and 60 of its G97-2.0 MW class S (120 MW) turbines, both of which were specifically configured for the Indian market with the aim of maximising turbine performance at low wind speed sites. These projects are slated for commissioning during the first quarter of 2017.

Leadership position in India
These seven new projects reinforce Gamesa's positioning in India, where the company ranked as the number-one OEM in 2015 for the third year in a row. According to the most recent ranking compiled by specialist consultancy MAKE, Gamesa increased its share of the Indian market from 25% in 2014 to 34% in 2015, further widening the gap with respect to the number two player. As for the market's potential, MAKE is forecasting 30 GW of new wind power capacity additions in this market by 2025, driven the country's growing energy requirement.

Gamesa has been present in India, where it has installed over 3,000 MW since 2009. In the first quarter of 2016, India accounted for 26% of the company's total sales volume (in MW).

RES has delivered the first phase of offshore O&M consultancy services to Hitachi to support their O&M strategy for a Japanese offshore wind farm project planned for completion in the early 2020s. RES, who have extensive experience in the Korean and Japanese markets, have been working closely with Hitachi on the project that will contain Hitachi’s HTW5.0-126 downwind offshore wind turbine model. The provision of the services included an in-depth analysis of Hitachi’s planned O&M strategy and offshore logistics.
Filippo Di Salle, General Manager AO&M of RES Offshore said:“With our global project portfolio in wind, solar, transmission and energy storage exceeding 10GW together with our extensive offshore wind experience and knowledge we have been able to provide our technical and commercial expertise to Hitachi and support our Tokyo office for the emerging Japanese renewable energy market.”
Shinzo Inoue, Senior Engineer of Hitachi, Ltd. Said:“In Japan, offshore wind is at the very early stage of development. Players in this business field, including Hitachi, need much knowledge backed by experience in European market to advance offshore wind industry in Japan. Hitachi has learned much through the work with RES. This is valuable experience for us.”
RES (Renewable Energy Systems) is one of the world’s leading independent renewable energy companies. At the forefront of renewable energy development for over 30 years, RES has developed and/or built over 10GW of renewable energy capacity worldwide. RES' core activities are onshore wind, offshore wind and solar, and technologies that will be enablers to a low carbon future – Energy Storage, Demand Side Management and Transmission. RES is headquartered in the United Kingdom and operates across the globe.
Hitachi, Ltd. headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges. The company’s consolidated revenues for fiscal 2015 (ended March 31, 2016) totaled 10,034.3 billion yen ($88.8 billion). The Hitachi Group is a global leader in the Social Innovation Business, and it has approximately 335,000 employees worldwide. Through collaborative creation, Hitachi is providing solutions to customers in a broad range of sectors, including Power / Energy, Industry / Distribution / Water, Urban Development, and Finance / Government & Public / Healthcare.


RES:
Fiona McAra (This email address is being protected from spambots. You need JavaScript enabled to view it.)
Hitachi: Suzumi Higuchi (This email address is being protected from spambots. You need JavaScript enabled to view it.)

WEC Projects (Pty) Ltd, a contractor specialising in turnkey water and wastewater treatment solutions in South Africa, has acquireda majority stake in Industrial Water Cooling(Pty) Ltd (IWC), a company specialising in cooling tower and industrial cooling solutions.

The partnership is effective immediately and replaces private equity company, MEDU Capital’sstake in IWC.“I am very pleased to announce that we have a new business partner in WEC Projects. I am of the firm belief that in WEC we have found a like-minded business partner that understands the contracting environment in which we operate,”comments Roger Rusch, Managing Director of IWC. 

Johannesburg-based WEC Projects has been operating as a contractor in the water and wastewater treatment industry since 2002. The company specialises in designing, manufacturing and installing water and wastewater treatment plants, such as packaged potable water treatment plants, sewage treatment plants, industrial filtration plants, submerged membrane bioreactors, reverse osmosis plants, reverse osmosis pre-treatment systems, dissolved air floatation devices and lamella settlers. 

WEC Projects are also pioneers in biogas to energy technology, having designed, supplied and installed South Africa’s first such plant at a municipal wastewater site. The technology converts wastewater sludge into biogas that is then used to fuel a gas engine that produces electricity. As a result of this technology, municipalities are able to subsidise their electrical costs by what they are able to produce themselves, utilising a waste material that now has significant commercial value.

IWC, originally founded in 1986 as Industrial Water Cooling, specialises in evaporative water cooling, heat exchangers and GRP solutions for numerous applications across the mining, power generation, petrochemical, and water and sanitation industries. 

About IWC
IWC are African leaders in cooling tower technology, delivering world-class, fully-integrated solutions across all industries, from mining; power generation and petrochemical; water and sanitation; to light industrial. IWC’s products and services include the design, manufacture and installation of GRP piping, fittings, tanks and other process equipment. Additionally, IWC also undertakes repairs and refurbishment projects and other associated services. For more information visit: www.iwc.co.za or contact
IWC on +27 (0) 11 466 0699

 

About WEC Projects (Pty) Ltd 
WEC Projects is a specialist turnkey contractor supplying a range of packaged water & wastewater treatment plants as well as design and implementation of biogas to energy projects that are specifically engineered to their clients’ requirements.Products include packaged potable water treatment plants, sewage treatment plants, industrial filtration plants, submerged membrane bioreactors, reverse osmosis plants, reverse osmosis pre-treatment systems, dissolved air floatation devices and lamella settlers.The company is based in Diepsloot, Johannesburg.For more information visit www.wecprojects.co.za or Contact WEC Projects on +27 (0) 11 745 5500/1/2/3/4.

 

 

 

Tidal technology developer OpenHydro, a DCNS company, has been honoured in three categories at the Marine Industry Awards which took place at the Radisson Blu Hotel, Galway last night, Thursday 30th June.


The Offshore Ireland Award, Excellence in Marine Renewable Energy Award and the Overall Marine Excellence Award were secured by OpenHydro for its pioneering activities in the development of tidal turbine technology. Established in 2005, OpenHydro specialises in the design, manufacture and installation of marine turbines generating renewable energy from tidal streams, silently, invisibly and with no impact on the environment.


Commenting on achieving the top award for offshore exploration and development, Andrew Good, head of Resource Assessment at OpenHydro said: “We are delighted to have won the Offshore Ireland award. It is a great honour and is further recognition of the exciting and innovative work we do at OpenHydro.”


The Marine Industry awards, now in its second year, acknowledges the individuals and companies that play a significant role in the growth and development of the industry in Ireland while recognising the key functions within the industry that promote growth and sustainability.


James Ives, Chief Executive at OpenHydro, said: “We are delighted to receive these prestigious awards which recognise the ground-breaking work taking place at OpenHydro and our contribution to the development of the marine industry in Ireland. We are now, with DCNS’ support, transitioning from research and development, to a company focused on industrial supply to our international projects”.


OpenHydro press office
00353 (0) 877 972 660
This email address is being protected from spambots. You need JavaScript enabled to view it.

About OpenHydro
OpenHydro is a DCNS company specialising in the design, manufacture and installation of marine turbines generating renewable energy from tidal streams. The company’s vision is to deploy turbine arrays under the surface of the oceans to produce energy silently, invisibly and with no impact on the environment. OpenHydro has achieved a number of industry firsts including being the first to deploy a tidal turbine at the European Marine Energy Centre (EMEC), the first to connect to and generate electricity from tidal streams onto the UK National Grid and the first to successfully demonstrate a method of safely and economically deploying and recovering turbines directly on the seabed. The deployment and recovery method delivers a step change in the economics of tidal energy. OpenHydro has a project portfolio spanning Canada, France, Northern Ireland, Scotland and the Channel Islands with utility partners including Emera, EDF, Brookfield Renewable Energy Group, SSE Renewables and Alderney Renewable Energy. OpenHydro has won a number of awards for its innovations in the field of renewable energy technology. About DCNS DCNS is the European leader in naval defense and a major player in renewable marine energy. It is a hightech company with a global reach built on meeting the needs of its customers through its unique expertise, unique industrial resources and ability to mount innovative strategic partnerships. The Group designs, builds and supports the service of submarines and surface ships. It also provides services for naval shipyards and bases. The Group offers a wide range of solutions in renewable marine energy. Attentive to social responsibility issues, DCNS is a member of the UN Global Compact. The Group achieved a turnover of 3.04 billion Euros and has 12,953 employees (data 2015). www.dcnsgroup.com

ORPC Ireland Ltd., a subsidiary of Portland-based Ocean Renewable Power Co., has been selected to enter the grant agreement stage of a project that will increase the performance and reliability of transferring energy from its renewable marine energy technology to the electric grid.
ORPC Ireland's request was one of 78 proposals submitted to Horizon 2020, the European Union's Framework Programme for Research and Innovation, according to a release from ORPC.
"The whole ocean energy industry deeply appreciates Horizon 2020's critical support and ORPC, in particular, is thrilled to receive such a strong endorsement of our technology," ORPC President and CEO Chris Sauer said in a statement.
As Mainebiz reported in May 2015, the company opened ORPC Ireland Ltd. after months of discussions with Irish officials who visited Maine several times to learn first-hand about ORPC's Cobscook Bay pilot ocean energy project in Eastport, which made history in 2012 when it became the first hydrokinetic tidal energy project to deliver electricity to a utility grid in the Americas. ORPC also installed and operated its first river power system in the remote Alaskan village of Igiugig last summer, successfully delivering power to shore.

Sj Popup

Market Movers

Allete, Inc.

NYQ : ALE - 23 Aug, 4:02pm
60.39
-0.68 (-1.11%) After Hours:
Open 61.28 Mktcap 2.98B
High 61.66 52wk Hight 65.41
Low 60.34 52wk Low 45.86
Vol 151046 Avg Vol 198172
Eps 3.14 P/e 19.83
Currency: USD

Alliant Energy Corporation Comm

NYQ : LNT - 23 Aug, 4:03pm
38.58
-0.50 (-1.28%) After Hours:
Open 39.17 Mktcap 8.77B
High 39.34 52wk Hight 40.99
Low 38.56 52wk Low 27.14
Vol 1.36M Avg Vol 2.26M
Eps 1.90 P/e 22.19
Currency: USD

CMS Energy Corporation Common S

NYQ : CMS - 23 Aug, 4:01pm
42.82
-0.36 (-0.83%) After Hours:
Open 43.18 Mktcap 11.95B
High 43.45 52wk Hight 46.25
Low 42.82 52wk Low 31.86
Vol 1.26M Avg Vol 1.96M
Eps 2.02 P/e 21.95
Currency: USD

Consolidated Edison, Inc. Commo

NYQ : ED - 23 Aug, 4:02pm
76.46
-0.29 (-0.38%) After Hours:
Open 76.69 Mktcap 23.28B
High 77.19 52wk Hight 81.88
Low 76.46 52wk Low 60.30
Vol 815235 Avg Vol 1.92M
Eps 3.97 P/e 19.81
Currency: USD

Duke Energy Corporation (Holdin

NYQ : DUK - 23 Aug, 4:02pm
81.45
-0.44 (-0.54%) After Hours:
Open 82.02 Mktcap 56.11B
High 82.35 52wk Hight 87.31
Low 81.43 52wk Low 65.50
Vol 2.20M Avg Vol 3.13M
Eps 4.61 P/e 21.53
Currency: USD

Exelon Corporation Common Stock

NYQ : EXC - 23 Aug, 4:00pm
34.59
+0.16 (+0.46%) After Hours:
Open 34.54 Mktcap 31.92B
High 34.84 52wk Hight 37.70
Low 34.54 52wk Low 25.09
Vol 4.16M Avg Vol 5.14M
Eps 2.56 P/e 23.15
Currency: USD

NorthWestern Corporation Common

NYQ : NWE - 23 Aug, 4:02pm
59.19
-0.13 (-0.22%) After Hours:
Open 59.45 Mktcap 2.86B
High 59.72 52wk Hight 63.75
Low 59.01 52wk Low 48.47
Vol 208185 Avg Vol 240700
Eps 3.27 P/e 20.04
Currency: USD

SCANA Corporation Common Stock

NYQ : SCG - 23 Aug, 4:02pm
72.50
-0.26 (-0.36%) After Hours:
Open 72.92 Mktcap 10.36B
High 73.15 52wk Hight 76.41
Low 72.49 52wk Low 50.17
Vol 371377 Avg Vol 844258
Eps 3.96 P/e 19.63
Currency: USD

UNITIL Corporation Common Stock

NYQ : UTL - 23 Aug, 4:02pm
39.72
-0.01 (-0.03%) After Hours:
Open 39.95 Mktcap 558.15M
High 40.39 52wk Hight 45.16
Low 39.68 52wk Low 33.75
Vol 34731 Avg Vol 36730
Eps 1.81 P/e 22.75
Currency: USD

Westar Energy, Inc. Common Stoc

NYQ : WR - 23 Aug, 4:02pm
54.49
+0.15 (+0.28%) After Hours:
Open 54.20 Mktcap 7.72B
High 54.67 52wk Hight 57.25
Low 54.20 52wk Low 34.90
Vol 411242 Avg Vol 1.73M
Eps 2.44 P/e 24.64
Currency: USD

WEC Energy Group, Inc. Common S

NYQ : WEC - 23 Aug, 4:00pm
61.21
-0.39 (-0.63%) After Hours:
Open 61.54 Mktcap 19.32B
High 61.97 52wk Hight 66.10
Low 61.19 52wk Low 46.23
Vol 1.02M Avg Vol 1.86M
Eps 2.93 P/e 21.85
Currency: USD

Xcel Energy Inc. Common Stock

NYQ : XEL - 23 Aug, 4:02pm
42.19
-0.39 (-0.92%) After Hours:
Open 42.72 Mktcap 21.43B
High 42.88 52wk Hight 45.42
Low 42.17 52wk Low 32.43
Vol 2.59M Avg Vol 3.07M
Eps 2.20 P/e 20.00
Currency: USD
Advertisement

  • The Avon Peaking Power facility, together with its sister plant the Dedisa 335 MW facility in Port Elizabeth will provide much needed power and energy security during peak demand periods.
  • The operation of the plant will create permanent direct and indirect jobs for the local community over the 15 years of the PPA.

Avon Peaking Power started full commercial operation of its 670 MW power plant, located in Shakaskraal, 65 km North of Durban in KwaZulu-Natal Province.

The Open Cycle Gas Turbine plant consists of 4 units and is jointly owned by ENGIE, black majority owned Legend Power Solutions, Mitsui and the Peakers Trust representing the local community. The plant lay-out allows for flexibility with regards to future conversion using gas-fired technology and as such is part of South Africa’s gas-to-power development plans.

Arnaud de Limburg, CEO of Avon Peaking Power, commented: “The construction of the Avon and Dedisa power plants demonstrate the strength of the partnership between the South African government and the private sector. The start-up of Avon, only a few months after Dedisa will be instrumental in supporting South Africa’s industrial growth ambitions. The plants will provide much needed power and energy security during peak demand periods. They will equally benefit the socio-economic development of the communities surrounding each project.”

Mohamed Hoosen, Chairman of Avon and Dedisa Peaking Power, commented: “The success of Avon and Dedisa Peaking Power paved the way for the IPP model in South Africa. Continuing with this pioneering spirit the project intends to enter its next development phase as an anchor load for gas conversion through the DOE driven introduction of natural gas to South Africa. Interestingly Avon and Dedisa benefits the ramp up of renewable power projects by compensating for their intermittency.”

Mpho Scott, Chairman of Legend Power Solutions, added “this has been a long road of patience, unwavering tenacity and commitment to meaningful participation by black people in the energy sector. We are proud to be part of these history making events. Our two power plants, Avon and Dedisa are contribution over a 1 000 MW of power to help with energy security in our country.”

The Avon facility, together with its sister power plant the Dedisa 335 MW facility in Port Elizabeth, is South Africa’s first large Independent Power Project initiated by the Department of Energy (DOE). The facilities are contracted to supply electricity to Eskom Holdings, under 15-year Power Purchase Agreements awarded by the DOE on a Build, Own and Operate (BOO) basis. Dedisa Peaking Power was commissioned end of 2015.

Construction started in April 2014 with a consortium of Ansaldo Energia SpA and Fata SpA as turnkey EPC contractor; main subcontractor was Group 5 from South Africa. The operation of the plant will create permanent direct and indirect jobs for the local community over the 15 years of the PPA. Up to 1 500 jobs were created during construction with an achievement of 4,000,000 manhours. 88% of jobs were reserved for black employees of which 63% skilled. Recruitment was done locally in collaboration with the KwaDukuza Municipality. 

Avon Peaking Power is already working in collaboration with stakeholders to develop sustainable projects which will benefit the community, focusing on education, social and welfare initiatives, advance BEE Enterprises and projects that promote biodiversity. Through the Peaker Trust, dividends of the plant operations will go to local socio-economic development initiatives.

Media Contacts:

Tel: +27 10 612 066
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

APO

2nd, 3rd and 4th floor
Voie du Chariot 3
1003 Lausanne – Switzerland
Tel : +41 22 534 96 97
E-mail: switzerland (at) APO-opa.or
www.APO-opa.com

 

 

 

 

 

 

SEMI, the global semiconductor industry association serving the entire manufacturing supply chain, concluded SEMICON Southeast Asia 2016 (SEMICON SEA 2016) on a transfomative note. The exhibition emphasized new business opportunities, and cross-regional engagement, across all segments of the microelectronics industries, from semiconductors and equipment, to LEDs, advanced packaging, test systems, IoT, and other adjacent markets.

Ng Kai Fai, Pres. of SEMI SEA, said "The semiconductor industry has the potential to be an engine of strong continued growth for the Southeast Asia economy. It is a very vibrant and changing market. The front-end, or processing segment of the industry, is expected to see a capital investment grow at over 100% (approaching USD$2 billion) in SEA alone this year, following increases in memory demand for data storage and mobile applications globally."

"SEMICON SEA 2016 featured more than 60 industry speakers and 200 companies coming together to learn about the latest technology developments and strategies from industry leaders. For next year, we expect to attract even more exhibitors and speakers from around the world. We have already secured 143 exhibitors for the upcoming exhibition which will once again be held in Penang."

A total of 6,125 industry players attended the three-day conference which was anchored by 199 exhibitors from across the Southeast Asia region, an increase from 181 in 2015. In addition, the event had a 27% increase in new company attendees. The event connected decision makers from leading and emerging semiconductor companies from both the SEA region and world, and attracted an influential audience from a cross-sector of the global microelectronics industry.

Held in the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Penang, SEMICON SEA 2016 focused on trends and solutions in semiconductor design and manufacturing, including expanding applications markets, many of which require development of specialised materials, packaging, and test technologies, as well as new architectures and processes. The event also addressed expanding applications markets like mobile devices, and other connected "Internet of Things" (IoT) technologies. 

"Overall, we are pleased with the success of SEMICON Southeast Asia 2016. For the upcoming SEMICON SEA 2017, we plan to enhance the value of the event by offering dedicated pavilions including two new focused on Packaging and Failure Analysis," Ng continued. "The SEA semiconducter community is only starting to network, collaborate and innovate, especially in the nascent Wafer Level and System Level Packaging industries, and it is looking to become a larger player in this USD19 billion global industry."

Sponsors for SEMICON SEA 2016 included Advantest, Applied Materials, AMEC, ASE, Chip Shine, Edward Technologies, GLOBALFOUNDRIES, EV Group, Festo, Indium, KLA-Tencor, Kulicke & Soffa, Lam Research, SCREEN, Siemens, Tokyo Electron and Xcerra Corporation. Partners include Invest Penang, LEDExpo Thailand 2016, VLSI Consultancy, MATRADE, Malaysia Investment & Development Authority (MIDA), Ministry of Tourism and Culture Malaysia, Malaysia Convention & Exhibition Bureau (MyCEB), Penang Tourism, SAMENTA and Singapore Manufacturing Federation.

About SEMICON SEA

While Southeast Asia is rising up fast as a world-class electronics manufacturing hub with end-to-end R&D capabilitie, SEMICON Southeast Asia has become an important exposition for the semiconductor industry in Southeast Asia. The show connects the decision makers from the industry, demonstrates the most advanced products and brings in the most up-to-date market and technology trends. 

SEMICON Southeast Asia (April) takes place among SEMICON Russia (June), SEMICON West (USA, July), SEMICON Taiwan (Sept), SEMICON Europa (Oct), and SEMICON Japan (Dec). SEMICON SEA reconvenes at the SPICE Arena, Penang, Malaysia, 25-27 April, 2017. For more information, please seewww.semiconsea.org.

About SEMI Southeast Asia

SEMI Southeast Asia was established in 1993, the same year the SEMICON Singapore exhibition was established. The aim of the SEMI Southeast Asia office is to provide all of the SEMI International Services to the region in a timely manner. If you happen to be visiting or plan to set up operations in Southeast Asia, please contact us at the SEMI Southeast Asia office. For more information, please visitwww.semi.org/sea.

About SEMI 

SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries. SEMI member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members create new markets and meet common industry challenges. SEMI maintains offices in Beijing, Bengaluru, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visitwww.semi.org.

Contact on behalf of SEMI

Acendus Communications Sdn Bhd

Michael Poh at +60 12 395 5202

Reshvinder Kaur at +60 17 275 7985

Mitsubishi Hitachi Power Systems has received an order for two steam turbines and generators for a large-scale Waste-to-Energy (WTE) project being advanced by the Singaporean National Environment Agency (NEA). The 120 megawatt class WTE generation facility will be a stoker-type (Note) with the capacity to process 3,600 tons of waste daily, and will be delivered through Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC) who are also involved in the project. The facility is scheduled to commence operations in the first half of 2019.

The WTE facility will be built in Tuas, an industrial district in the mid-west of Singapore. Construction and operation will be the responsibility of a special purpose company (SPC) established jointly by MHI and the major local water processing and supply company Hyflux Ltd. EPC (engineering, procurement and construction) will be carried out by HydroChem, a subsidiary of Hyflux. MHIEC will supply the incinerator and generation equipment together with MHI's local Singaporean subsidiary Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) beneath HydroChem.

The MHI Group has been involved in three WTE plants in Singapore to date including the Tuas South Incineration Plant, which was completed in 2000 and, at 4,320 tons per day, has one of the world's largest processing capacities. MHI also supplied the key steam turbine component responsible for generating power in these plants, and the present order continues from these previous projects, based on the excellent product performance and track record to date.

MHI possesses a full lineup of thermal generation products from high-efficiency large-capacity generation systems to energy-saving systems for industry, and provides total solutions in this field. Going forward, the company will continue to contribute to the economic development of various countries and regions, responding appropriately to their diverse needs.

(Note) Incinerator with a floor lined with heat-resistant metal square bars that combusts the fuel by pushing it up and moving it.


Lightbridge Corporation a U.S. nuclear energy company, today announced that it has received a Notice of Allowance for a key patent covering its metallic nuclear fuel rod design from the European Patent Office. The patent is expected to be issued this quarter. Lightbridge will seek patent validation in key countries in the EU region, including France, the UK, Sweden, and other key countries that already have a significant amount of nuclear generating capacity.
Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "Europe represents a significant market for Lightbridge's metallic fuel with 101 reactors currently in operation in key EU countries we are targeting, according to the World Nuclear Association's nuclear reactor database.  Moreover, Europe has been a major focus for our fuel development and partnership initiatives.  Importantly, the EU depends heavily on nuclear power for more than one-quarter of its electricity needs, and a higher proportion of its base-load power.  In fact, nuclear provides over half of all of Europe's low-carbon electricity.  Given the fact our fuel improves the operating economics and enhances the safety of nuclear reactors, we believe our technology will be central to Europe meeting both its baseload energy requirements and climate change goals in the years and decades to come."
About Lightbridge Corporation
Lightbridge is a nuclear energy company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future nuclear reactor systems. Lightbridge's breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way to a sustainable energy future. The Company also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. The Company leverages those broad and integrated capabilities by offering its services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.
Investor Relations Contact:
David Waldman/Natalya Rudman
Crescendo Communications, LLC
Tel. + 1 855-379-9900
This email address is being protected from spambots. You need JavaScript enabled to view it.
 

On 23 June, the French nuclear energy society (SFEN) presented its award for technological innovation to Onet Technologies and the French alternative energies and atomic energies commission (CEA). The distinction was given in recognition of the remotely operated laser-cutting technology developed at the CEA Saclay and Marcoule facilities and implemented by Onet Technologies in clean-up operations at CEA Marcoule. The innovation was also praised by the World Nuclear Exhibition (WNE) and could be used for the removal of melted fuel debris from the damaged reactors at the Fukushima Daiichi nuclear power plant.

The remotely operated laser-cutting technology developed by CEA and implemented by Onet Technologies is especially suited to cutting very thick materials in a hazardous environment. It allows for easy remote operation while offering impressive position tolerance for cutting heterogeneous layers of materials; moreover, it generates fewer aerosols than most other available techniques.

Introduced by Onet Technologies as a world first in December 2015, the technology has demonstrated its full potential in the ongoing project to dismantle MAR200 dissolvers in the spent-fuel reprocessing facility at the CEA Marcoule site in France. The dismantling process was also nominated in the WNE Awards and received the SFEN award for technological innovation on 23 June this year.

Introduced by Onet Technologies as a world first in December 2015, the technology has demonstrated its full potential in the ongoing project to dismantle MAR200 dissolvers in the spent-fuel reprocessing facility at the CEA Marcoule site in France. The dismantling process was also nominated in the WNE Awards and received the SFEN award for technological innovation on 23 June this year.

A key challenge: adapting current technology to Fukushima Daiichi requirements
The award showcases promising technology that could be chosen as a solution to remove melted fuel debris from the damaged reactors at the Fukushima Daiichi plant—a project in which Onet Technologies and the CEA have been actively involved since 2014. The ongoing initiative involves adapting the existing, reliable technology to the highly specific requirements of the damaged reactors. Removing fuel debris from the reactor cores will be a vital step in the decommissioning programme.


Press contacts:
CEA: François Legrand
This email address is being protected from spambots. You need JavaScript enabled to view it.
+33 (0)1 64 50 27 53

Onet Technologies:
Christèle Maillet
This email address is being protected from spambots. You need JavaScript enabled to view it.
+33 (0)6 77 01 21 25

World Nuclear Exhibition held a special Awards Competition ceremony to reward the cutting edge nuclear technologies and innovation projects. “Multi-D-based Project Management System” of Rosatom ASE Group of Companies won the first prize in the Operation Excellence category.
Construction of major facilities often implies cost overruns and longer timelines, ranging from 10% to 50% on average. According to the developers of the system the situation can be remedied only by the effective management, combining IT tools and business processes. The use of Multi-D-based Project Management System technology specially designed by Russian specialists would facilitate essential optimization and control of deadlines/value for money during erection of capital construction facilities. Furthermore, this technology is universal and can be successfully applied not only at nuclear power plants building but also in any other complex infrastructure projects.
The development of these technologies was triggered by ASE Group of companies’ positive track record in project management and construction of facilities implementing Dassault Systemes’ commercial packages and its 3DEXPERIENCE platform. The company's experience has shown that the application approach to the construction and use of the technology allows carrying out the projects according to all the deadlines and strictly keep within budget.
ASE has proved that the use of adequate tools allows timely project implementation and withstanding budget pressure, for example, during construction of the Rostov NPP Units 3&4 and the Yuzhnouralsk GRES-2 (power units 1&2). This technology is being replicated in all Russian-designed NPP construction projects deployed both in Russia and abroad and provides the basis for the progress trend in consulting services (PMC) rendered as part of major non-nuclear projects.
Jury Nomination Chairman Jacques Regaldo, Chairman of the World Association of Nuclear Operators, noted that the diversity of projects presented by different industrial companies was motivating and challenging. “However the Jury draw attention to the projects that involve all levels of operation excellence”, - he added. The projects of Apave, EDF and Westinghouse were also presented at the shortlist of nominees.
The joint project "Tournament of Young Professionals ‘TeMP’" of Rosatom and Rosatom Corporate Academy was shortlisted in the Knowledge Management category along with EDF and Oxand projects.

TeMP is aimed at attraction and selection of talented young graduates for future employment at Rosatom enterprises. Its aim also to increase attractiveness of nuclear industry careers among young professionals in specialized universities. The tournament is held on crowd sourcing online platform with the live grand finale. The winners receive a job offer from the leading enterprises of Rosatom. Participants of the tournament have an opportunity to develop projects dealing with real production targets, working in close collaboration with Rosatom experts. The most interesting and promising ideas are selected by jury consisting of top representatives of Rosatom divisions. Best projects are chosen by Rosatom top management and its CEO. This year alone, the number of applications from participants exceeded 3,000 people, and only 100 got into the final.
118 projects were chosen for the WNE Award competition, 14 of them were shortlisted in 4 categories: Innovations, Operation Excellence, Nuclear Safety and Knowledge Management. The jury included top managers of leading international companies and organizations of the nuclear industry. Among them were Bernard Bigot, Director General ITER, Jacques Regaldo, Chairman of the World Association of Nuclear Operators, William D. Magwood, Director General NEA, and David Drury, Technical Head – Management and Human Resources, IAEA. According to the competition results, 4 winners and 8 nominees were announced. Another 2 projects received special attention of the jury.

SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast.

If developed, the project would be located in Texas or Louisiana near natural gas feedstock and include a world-scale steam cracker and derivative units.

Before making final investment decisions, the companies will conduct necessary studies and work with state and local officials to help identify a potential site with adequate infrastructure access.

“We are focused on geographic diversification to supply new markets,” said Yousef Abdullah Al-Benyan, SABIC vice chairman and chief executive officer.  “The proposed venture would capture competitive feedstock and reinforce SABIC’s strong position in the value chain.” He added.

Neil Chapman, president of ExxonMobil Chemical Company, said: “We have the capability to design a project with a unique set of attributes that would make it competitive globally. That is vitally important as most of the chemical demand growth in the next several decades is anticipated to come from developing economies.”

ExxonMobil and SABIC have worked together for 35 years in major chemical joint ventures in Saudi Arabia.

The Evermore Energy project, which involves the development of a combined cycle power plant in Belfast, Northern Ireland, is being considered for approval by the province’s government.

Set for the Harbour Estate area of the city details of the plan for the gas-fired power plant are with the Northern Ireland Affairs Committee, which is currently conducting an inquiry into the electricity sector in Northern Ireland.

Belfast proposed CCGT plant

“When constructed, the Belfast Power plant will generate sufficient power to supply the equivalent of 400,000 homes, create over 350 construction jobs in the area and once operational it will employ a team of 20 - 30 highly skilled employees.” 

“Subject to planning and financing, the Power Plant would enter commercial operation in 2019,” the evidence submitted to NIAC last week revealed.

“The Belfast Power Plant will use the world class Siemens SCC-800 Combined Cycle Power Plant. 

“It will bring a new supply of low carbon energy to Northern Ireland at a time when the existing fossil fuelled power stations in Northern Ireland are coming to the end of their useful life.

 

Myanmar Electric Power Enterprise recently awarded EthosEnergy a key contract worth over US$8m for the major overhaul of one 701D unit with all new parts and upgrade of two MHI 701D units inclusive of upgraded controls at the Ywama power plant in Yangon, Myanmar.

EthosEnergy’s package included a full set of capital parts – a key element in meeting with the return to service deadline - HGP inspection services, two control system upgrades and a tailored training program for employees of MEPE to further their staff’s technical ability on these units.

MEPE said, “When awarding the contract for this project we required a provider that could meet all our expectations; the ability to restore the unit(s) to the original manufacturer’s performance specifications of 120MW coupled with the demanding return to service deadline. Equally we expected a proven state of the art control system to allow us accurate and efficient machine calibration, monitoring and control. 

"This meant a value-add over and above our requirements and providing a greater return on our initial investment.”  

 

Sean Carter, SVP of APAC, Power Plant Services for EthosEnergy said, “Our technically superior package along with our technical experts’ ability to train the customer’s staff on safety, gas turbine operations and outage execution were crucial to this contract win.  We focussed on increasing the life cycle value of the asset.

“Our solution not only met with the client’s requirements but significantly improved the performance of the engine by increasing output to 123MW and the reliability of the engine.

“Having previously demonstrated our capabilities from successful upgrades of three gas turbines and steam turbine control systems as well as completing mechanical gas turbine overhauls at other sites we generated the necessary confidence within MEPE that we would deliver on our commitments.”

A further value afforded to MEPE resulted in an inventory reduction of control system spare parts – MEPE now have five similar systems and can utilise the benefit of inter-changeable parts across engine families and sites.   

About EthosEnergy

EthosEnergy is a leading independent service provider of rotating equipment services and solutions to the power, oil & gas and industrial markets. Globally, these services include power plant engineering, procurement and construction; facility operations & maintenance; design, manufacture and application of engineered components, upgrades and re-rates; repair, overhaul and optimization of gas and steam turbines, generators, pumps, compressors and other high-speed rotating equipment. www.ethosenergygroup.com 

 

Katie Elder, Head of Communications, 

EthosEnergy

Tel: +44 (0) 1224 367279, 

email: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Jennifer Gibson 

Senior Communications Specialist, 

Ethos Energy

Tel: +44 (0) 1224 367256, 

email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Advertisement
Sign up via our free email subscription service to receive notifications when new information is available.