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MARUBENI AND ENEL SIGN MOU TO EVALUATE ASIAN POWER GENERATION PROJECTS
Monday, May 23, 2016

Source: Marubeni

TOKYO - Marubeni Corporation has signed a memorandum of understanding with multinational power company Enel SpA, an integrated player in the world’s power and gas markets, to cooperate in evaluating power generation project opportunities in Asia.

This MoU is aimed at continuing discussion on joint efforts toward potential business opportunities in fast-growing power sectors in Asia and the Pacific region, especially in Indonesia, the Philippines, Thailand, Myanmar, Vietnam and Malaysia. Marubeni aims to work together with Enel to achieve the development of power projects and contribute to the further development of the region through a stable power supply.

Marubeni owns over 10GW in total power generation capacity in 22 countries including Japan, of which power assets in Asia make up 40 percent of this total power capacity and gas-fired power plants account for more than 60 percent.

Marubeni is committed to contributing to the development of infrastructure in Asia through its extensive experience and know-how.

Source:  Marubeni
Associated URL: http://www.marubeni.com/news/2016/release/00031.html
Source Date: May 23, 2016
Posted: 05/26/2016

 
 
2.2 MEGAWATT INDUSTRY-CHANGING INVELOX WIND POWER BREAKS GROUND IN CHINA
Tuesday, May 24, 2016

Source: SheerWinds

CHASKA, Minn. - SheerWind’s authorized distribution HUB SheerWindChina broke ground last week for the largest INVELOX system to date. The Chaska-based wind-power innovator, SheerWind, was pleased to get the news and is looking forward to working closely with its China HUB during the construction, scheduled for completion in October 2016. The event took place in collaboration with Hengshui City Agricultural Science and Technology Company.

SheerWindChina will use this system as a demonstration aimed at establishing, optimizing and verifying the technical parameters of the wind power generation system. Construction of the world’s first 100MW wind farm power industrial park is scheduled to follow in the next year.

The INVELOX will have a height of 45 meters and three turbines with 5-meter rotor blades. Its expected annual energy production will be more than 10 million KWH

The INVELOX technology is a cost-effective, high-performance alternative to conventional wind technology. Employing a funnel system that captures the wind and brings it to ground-level turbines and rotors for safer, easier, and - cheaper operation and maintenance. Enclosed turbine benefits include no harm to birds or humans, far less maintenance, and greater electrical production per dollar invested than conventional systems.

China has rapidly become a global leader in wind energy, with nearly 109GW of wind power capacity last year, a 28 percent increase year on year, according to the National Energy Administration. Although abundant, current wind projects in China face challenges as the windiest areas are far from populations. Existing wind farms are struggling to incorporate into the grid. Low capacity factors (amount of energy produced) that range from 2,000 to 3,000 hours per year add to the challenge. SheerWind’s technology has an expected capacity factor of over 6,000 hours per year and can be safely located in urban, industrial, or agricultural areas where power is needed.

Source:  SheerWind
Associated URL: http://sheerwind.com/media/news-releases
Source Date: May 24, 2016
Posted: 05/26/2016

 
 
TRINITY INDUSTRIES, INC. ANNOUNCES NEW $940 MILLION WIND TOWER ORDER
Wednesday, May 25, 2016

Source: Trinity Industries

DALLAS - Trinity Structural Towers (TSTI) has received an order to manufacture $940 million of wind towers. TSTI expects to deliver the wind towers over a three year period beginning in 2017.

Results for the company’s wind towers business are reported in Trinity Industries' Energy Equipment Group. As of March 31, 2016, the backlog for wind towers was $263.4 million.

Source:  Trinity Industries
Associated URL: http://www.trin.net/TrinNetSelfServiceweb/Content/Aspx/DisplayFile.aspx?ContentI
Source Date: May 25, 2016
Posted: 05/26/2016

 

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