Staff Reporter
AREVA inks 2 deals with Chinese partners
AREVA inks 2 deals with Chinese partners
A joint declaration between Farnce and China facilitated AREVA’s agreements with CGNPC and CNNC. The authorities of the two countries made a joint declaration in December 2009 authorizing CNNC and AREVA to enter into detailed negotiations. Anne Lauvergeon, AREVA CEO, and He Yu, China Guangdong Nuclear Power Corp or CGNPC Chairman, signed a long-term contract for the supply of 20,000 tons of uranium over a 10-year period. The contract is worth around 3.5 billion dollars. With Sun Qin, China National Nuclear Corporation or CNNC President, Anne Lauvergeon signed an industrial agreement on cooperation in the field of used fuel treatment and recycling. The document is the final step towards a commercial contract.
CER to install $11M recovery system for Wengfu Ltd.
CER signed a US$10.9 million contract with Wengfu Co., Ltd. to retrofit a heat energy recovery system into an existing sulfuric acid plant. The plant is at the company's Fuquan City facility in Guizhou Province, China. CER's heat recovery system will be capable of generating 960 tons of steam per day at 176ºC and 0.8MPa from operations at the plant. The steam will be used to supply power for the plant, reducing its demand for electricity produced from fossil-fuels. CER's installation is scheduled for completion in August 2011.
CER inks $23M system Installations contract
CER manufacture and install two, large-scale waste heat recovery systems for sulfuric acid production for Hubei Sanning Chemical Co.
CRP net generation increases 29.1% in 10 months
China Resources Power’s total net generation, on a consolidated basis, increased by 18.4% to 7,628,074 MW in October.
Gamesa recovers order pace with Asia sales
Gamesa’s wind turbines sales totaled 1,600 MW with 38 per cent coming from Asia. The United States accounted for 22 per cent of sales. Revenues in services amounted to 227 million euro.
Bangladesh to Generate 7,000MW of Power by 2013
Bangladesh aims to generate an additional 7,000MW of electricity by 2013 by setting up new power plants in the country, the country's Prime Minister Sheikh Hasina said.
BP Seeks Funding for Australian Solar Project
BP estimated is seeking funding from the Australian Government for its new solar energy project in New South Wales. The company estimated it will cost more than US$600 milliion.
PFC to finance Indian nuclear power projects
Power Finance Corporation Ltd and Nuclear Power Corporation of India Ltd signed an MoU to set up nuclear power projects in India. The Memorandum of Understanding was signed by Mr. Satnam Singh, Chairman and Mnaging Director, PFC and Dr. S.K. Jain, Chairman and Managing Director, NPCIL.
Bangladesh solar street lights get ADB support
The ADB Board of Directors approved a US$120 million loan for the Bangladesh City Region Development Project. It will target energy-efficient, environmentally friendly urban services, more coordinated regional development planning, and stronger management capacity for municipalities in the sprawling city regions of Dhaka and Khulna, which include surrounding secondary towns.
GE to expand operation in Vietnam
General Electric wants to expand in Vietnam after putting into operation the Hai Phong wind turbine factory.
German firm funds Soc Trang wind project
EAB got approval from local authorities to invest in the wind power project in the Vinh Chau district, Soc Trang province.
Chinese and Koreans eye giant Vietnamese power project
Chinese and South Korean firms want to invest in the $2.1 billion coal-fired power plant in Quang Ninh province. It is being built by the United States-based AES Corporation and its Vietnamese partner Vinacomin.
Hang Seng doubles support for renewable energy in China
Hang Seng has supported constructions of 600 biogas toilets in mainland China’s Yunnan province this year.
Neo Solar launches 2 crystalline products
Neo Solar Power launched two new high-efficiency products, multi-crystalline Super17” and mono-crystalline “Perfect18”. Both products debuted in the “Intersolar 2010” in Munich, Germany in June 2010 and were highly appreciated by the customers. The Hsinchu, Taiwan-based NSP’s newly launched 6 inch multi-crystalline “Super17” has breakthrough average conversion efficiency of above 17 per cent. “Super17” demonstrates panel makers the potential to increase power output to 250W, using 60-cell configuration. In addition, NSP’s 6 inch square mono-crystalline “Perfect18” with the “full square wafer” not only increases the active area by more than 2per cent compared to the conventional “pseudo-square” with the cut-off corners but also demonstrates extremely low light induced degradation. “Perfect18” has superior average efficiency of above 18%. With superior power density, “Perfect18” will be able to provide panel power output of 260W, using 60-cell configuration. “These two ideal solutions are recognition of our efforts in strengthening R&D and enhancing production knowhow in producing high quality and high efficiency cells,” said Dr. Quincy Lin, Chairman of NSP.
Neo Solar to get 3-year wafer supply from GCL-Poly
NSP will get 350 MW of solar wafers from GCL-Poly from the fourth quarter of 2010 to the end of 2013. Neo Solar Power’s signing of a 3-year wafer supply contract with GCL –Poly further consolidated the long-term strategic relationships between both sides. This long-term cooperation sustains both companies on production capacity and business operation, leading to significant expansion on global presence and a win-win situation.
Vestas eyes more business in China
Vestas wants to increase business in China and develop new clean tech solutions with Chinese partners. "We see our role in China, one thing is to increase business with our customers, the second is to further cooperate with China to develop new clean tech solutions for the benefits of our business in and outside China," said Vestas CEO Ditlev Engel.
Azure to invest $40M In Gujarat Solar Plant
Azure Power will develop a 15 MW solar PV power plan with an investment of $40 million in Gujarat. The investment is led by Overseas Private Investment Corporation, an agency of the United States Government. Other investors in the project include World Bank arm IFC, and venture capital firms Helion Advisors and Foundation Capital.
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