Reposted from The Global Times
Energy-poor Cuba announced a plan Sunday to build eight new wind farms by 2020, capable of generating 280 megawatts (MW) of power, and saving 200,000 tons of conventional fuel each year. More…
Tag Archives: power generation
Powering Up Asia’s Super-Grid Reply
JREF’s Asia super grid proposal would transmit renewable energy from the Gobi Desert across the continent
Reposted from Asia Times Online
By John A. Mathews
The integration of East Asia is a topic of perennial interest – whether it be monetary integration (much discussed in the wake of the 1997 financial crisis), trade integration (promoted via ever-expanding FTA areas) or even political integration. But what is not widely discussed (as yet) is actually the best hope for effective integration – and that is energy integration, via an Asian super grid linking the enhanced electric power systems of China, Japan, Korea, Mongolia and perhaps Russia. More…
SunEdison Closes US$314 million in Funding for South Africa Solar Projects Reply
SunEdison has closed $314 million in funding for two South African solar projects
Reposted from RenewablesBiz
SunEdison, a leading worldwide solar energy services provider and subsidiary of MEMC Electronic Materials (NYSE: WFR), in partnership with Chint Solar, the Public Investment Corporation, and the Kurisani Youth Development Trust, today announced that it has closed US$314 million (R2.6 Billion) in long-term debt and equity financing for two utility solar projects in Limpopo Province, South Africa. Standard Bank and Futuregrowth Asset Management are the two senior debt providers supporting both projects. More…
China to Back Kampot Plant Reply
Reposted from the Phnom Penh Post
By Rann Reuy
An unnamed Chinese investor will put nearly US$400 million into a 300-megawatt coal-powered plant in Kampot province, officials said yesterday.
The plant, slated for a November groundbreaking, will provide power for the Kampot Special Economic Zone, the nearby Prey Nob oil-refinery in Preah Sihanouk province and rice mills after a 30-month construction period, said Vinh Huor, president of Kampot Port. More…
South Korean Consortium to Build Power Plant in Yangon Reply
Reposted from the Myanmar Times
By Stuart Deed
YANGON is set to receive improved electricity supply in the future following an agreement signed between the government and a South Korean consortium to build a gas-fired power plant outside Yangon last week.
South Korea’s BKB Consortium, Korea Western Power Co and Hyundai Engineering and Construction Co Ltd signed a deal with the Yangon Electricity Supply Board to build a 500-megawatt gas-fired power plant on June 3, the state-run New Light of Myanmar newspaper reported the following day. More…
Mongolia to tap wind power Reply
Ulaanbaatar is the capital of Mongolia, which has been trying to boost its power-generating capacity in order to sustain economic growth.
Reposted from United Press International (UPI)
Construction on Mongolia’s first wind farm is to start next month.
The $100 million Salkhit — “windy mountain” — project, 40 miles southeast of Ulan Bator, Mongolia’s capital city, is expected to generate nearly 5 percent of Mongolia’s current electricity demands.
Scheduled to be fully commissioned by the end of the year, Salkhit will be the third-largest power plant in the country and produce about 168.5 million kilowatt hours of electricity, while avoiding 185,500 tons of carbon emissions, said developer Mongolian investment firm Newcom Group. More…
