Japan ups spending on renewable energy
Japan will need renewable energy investments amounting to US$637 billion to completely sever itself from nuclear power.
As a start in this direction, the Ministry of Economy, Trade and Industry asked for US$1.7 billion to develop clean energy for the fiscal year starting April 1. The budget for this fiscal year’s renewable energy projects is US$559 million.
Of the US$1.7 billion, METI wants to allocate US$320 million to develop power grids to promote wind power. It also plans to spend US$225 million to develop wind power, including a floating offshore wind project Japan at Fukushima.
The request also includes US$297 million to develop large- size storage batteries.
ABB continues to strengthen the Symphony Plus platform with features and functionalities that meet the needs of a varied and changing power and water market.
The industry giant forays into the Mainland with the introduction of the turbocharged 6-cylinder 4006-23TRS gas engine.
Last December Alstom Grid announced it had acquired Canadian Smart Grid technology company ASAT Solutions - a strategic move to offer integrated substation data management solutions for utilities and industrial customers worldwide.
Modularity of hardware and software to meet the changing and individual requirements of modern grids during the whole life cycle
Following a trial phase with various grid operators, Siemens Smart Grid has brought the new protection device series Siprotec 5 onto the market.
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