TNB to develop a virtual power plant in Malaysia

3 April 2019 TNB signed a JV with South Korean companies for a virtual power plant in Malaysia (Asia): Malaysian utility Tenaga Nasional Bhd (TNB) has become a partner with South Korean utilities Busan City Gas, I-On Communications and KH Shinhwa (SNC) to develop a virtual power plant as part of a pilot project across

Egypt gets Saudi backing for its 2.3 MW power plant 

18 March 2019 Egypt gets Saudi backing for its 2.3 MW power plant  (Middle East): A Saudi based power and water desalination developer Acwa Power and Egyptian Hassan Allam Holding company are teamed up for the construction of 2.3 MW power plant in Luxor, Egypt. The investment in the first phase is $2.3 billion, which

E.ON will build a power plant for a DS Smith paper plant

15 March 2019 E.ON will build a power plant for a DS Smith paper plant (Europe): DS Smith, the leading British based provider of sustainable paper packaging solutions have given the green light to E.ON, a leading energy company in Europe to construct 75MW combined heat and power(CHP) facility at Kemsley Paper Mill in Kent,

Iran nuclear power plant halts operation aimed maintenance

4 March 2019 Bushehr nuclear power plant halts operation aimed maintenance (Middle East): Iran’s Bushehr Nuclear power plant has been temporarily shut down.  It will be reconnected to the national grid after periodic maintenance and fuel refilling in over the next 2-3 months. From March 2017 to March 2018, it generated 7.4 billion kWh of

Kathmandu to install underground power cables

25 February 2019 Kathmandu to install underground power cables (Asia): Nepal Electricity Authority (NEA) has selected India’s KP industries to install underground power cables in Kathmandu, Nepal. In the first phase, the underground cables would replace overhead power lines for Majarajgunj and Ratnapark distribution centres. It will be completed within the next three years with

LO3 energy to start blockchain pilot in Japan

22 February 2019 Latest Power Market News LO3 energy to start blockchain pilot in Japan (Asia): The US-based LO3 Energy has become a partner with Marubeni Corporation in a pilot blockchain energy project in Japan. the project will use distributed ledger technology (DLT) to link Marubeni’s power plants as well as test energy transaction.  

The US plans to recycle lithium batteries

18 February 2019 Latest Power Market News The US plans to recycle lithium batteries (North America): The US plans to develop recycling technology of lithium-ion batteries from automotive, consumer electronics and other products. The US Energy Department plans to invest $15 million in a three-year research and development project at Argonne National Laboratory outside Chicago.