Algonquin Power & Utilities Corp announced that a subsidiary of Liberty Utilities Co. APUC's wholly-owned regulated utility business, successfully completed its acquisition of The Empire District Electric Company for an aggregate purchase price of approximately Cdn$3.2 billion.
Dubai Electricity and Water Authority has confirmed that the ACWA Power and Harbin Electric consortium has begun construction of the 2400 MW Hassyan clean coal power plant in Dubai, based on the Independent Power Producer (IPP) procurement model.
DTE Energy has matched two economic development grants from the US Economic Development Administration (EDA) to assist St Clair County and the City of Harbor Beach redevelop property following retirements of DTE coal-fired power plants.
Sembcorp Industries on Wednesday said that its second thermal power plant in India, the 1,320-MW Sembcorp Gayatri Power Ltd (SGPL), has completed construction of its first 660-MW unit. The second unit of 660 megawatts is expected to be completed in the first quarter of 2017.
A Colombian company focused on the acquisition and development of high-quality metallurgical coal properties New Colombia Resources is planning to build a thermal coal power plant in Guaduas, Colombia.
Mitsubishi Corporation Power, Mitsubishi Heavy Industries, Mitsubishi Electric Corporation, Tokyo Electric Power, and Joban Joint Power have established joint ventures Nakoso IGCC Power GK and Hirono IGCC Power GK for the construction and operation of coal-fired power plants in Fukushima, Japan.
DTE Energy announced it will build new energy generation as part of its commitment to ensure long-term reliability and produce cleaner energy for its customers. The new energy generated will replace a portion of the capacity from coal-fired plants DTE intends to retire by 2023.
RES is delighted to have been awarded a contract by National Grid through its first commercial tender process for Enhanced Frequency Response (EFR) services. Under the four year contract awarded today, RES will deliver 35MW of sub second frequency response service through a battery energy storage project.
Commenting on the contract win Rob Sauven, Group Business Development Director at RES, said:This contract with National Grid is another big step forward for RES in expanding our industry-leading, global energy storage expertise in the UK. RES has successfully pioneered a range of grid services through energy storage projects in the US and Canada, and has a growing portfolio of UK projects.
We are therefore well placed to deliver this innovative service to support the National Grid in balancing the GB electricity system cost-effectively; which in turn will bring significant benefits to UK electricity consumers.”
Head of Marketing & Communications
Group & general enquiries
Mitsubishi Heavy Industries, Ltd established the subsidiary MHI Technologies S.A.E in the Egyptian city of New Cairo. In order to strengthen MHI's economic, and industrial relationships with Egypt, which has the population of 90 million, and to serve as a springboard to the substantial African market. The subsidiary was created for new business development and to work flexibly in alliance with Egyptian companies to quickly and accurately meet the needs of the rapidly growing demand of Egypt's infrastructure and industrial base.
MHI Egypt has been established through investment from MHI, the MHI Group company Mitsubishi Heavy Industries France S.A.S. (MHIF, headquartered in Paris) that oversees Europe, the Middle East and African regions, and our European office Mitsubishi Heavy Industries Europe, Ltd. (MHIE, Headquarters: London).
With Egypt completing an expansion of the Suez Canal in 2015 and developing other large-scale projects such as regional development plans, the world's attention is now focused on the country's growth potential, and overseas direct investment is increasingly active.
Upon the inauguration of MHI Egypt, MHI President and CEO Shunichi Miyanaga made the following comment.
"MHI Group is currently delivering many products to Egypt, such as our participation in the South Helwan thermal power plant project, Egypt's largest, in the energy field. On the occasion of the establishment of MHI Egypt, while carrying out activities rooted in the country, our entire Group will make further efforts to contribute to the future growth and prosperity of Egypt, making full use of our technical capabilities in a wide range of business areas."
Going forward, MHI will make close contact with the customers and markets of Egypt and Africa through MHI Egypt, and continue to actively carry out business activities that contribute to the economic and industrial development of the region.
About Mitsubishi Heavy Industries, Ltd.
Mitsubishi Heavy Industries, Ltd. headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers. MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website atwww.mhi.co.jp.
Mitsubishi Heavy Industries