ACN Newswire
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Mooreast Outlines Strategies to Enhance Mooring Solutions for the Floating Renewable Energy Sector

indie
8 minutes

SINGAPORE, May 30, 2022 - (ACN Newswire via SEAPRWire.com) - Mooreast Holdings Ltd announced plans to expand its mooring and rigging solutions product portfolio and to enhance partnerships with international players in order to extend its value proposition to the global floating offshore renewable energy sector.Mooreast released a Business Update outlining growth strategies outlined its growth strategies following its successful listing on Singapore Exchange (SGX) Catalist in November 2021.The full announcement to the SGX is appended below:The Board of Directors of Mooreast Holdings Ltd. would like to update shareholders on several developments in the Group's business and growth strategies since the release of its financial performance for the year ended 31 December 2021 (FY2021) in February 2022.Having successfully completed its Initial Public Offering (IPO) on the Singapore Exchange Catalist Board on 24 November 2021, the Group intends to leverage its listed status and stronger balance sheet to strengthen its foothold within the global floating offshore renewable energy sector. These post-IPO strategies include:(I) expanding its product portfolio of mooring and rigging solutions ...

SeaPRwire
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Mooring Solutions Specialist Mooreast Asia Acquires Significantly Larger New Singapore Facility as it Prepares to Expand into Mooring Systems for Floating Wind Farms

pandora
3 minutes

Mooreast’s upgraded water-front facility at 51 Shipyard Road SINGAPORE, Sept 9, 2021 – (ACN Newswire) – Mooring solutions specialist Mooreast Asia Pte. Ltd. (“Mooreast”) said today that it has completed the acquisition of an upgraded water-front facility in Singapore that will more than double its capacity as it embarks on its strategic shift towards offshore renewable energy, particularly floating wind farms. Mooreast’s upgraded water-front facility at 51 Shipyard Road The new facility at 51 Shipyard Road has a usable floor space of 323,000 sqft (30,000 sqm), compared to 129,000 sqft (12,000 sqm) at its previous facility at 14 Benoi Sector. It includes three main buildings which were erected by the previous owner before it went into receivership. With minimal outlay, Mooreast is now able to use the facility for components fabrication, warehousing and office functions. Mooreast recently acquired the yard in southwest Singapore for S$18.5 million and expects to increase utilisation from 2,000 to 5,000 metric tons of steel throughput per year by 2023. The acquisition is a major part of Mooreast’s strategy to leverage on its track record and capabilities in the offshore oil and gas an...

SeaPRwire
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Singapore’s first large-scale solar floating farm opens at Tengeh Reservoir

aseanpr
4 minutes

SINGAPORE - Having grown its solar capacity by more than seven times since 2015, Singapore is now one of the most solar-dense cities in the world. The Republic took one big step towards environmental sustainability when its first large-scale floating solar photovoltaic (PV) system at Tengeh Reservoir - about the size of 45 football fields - was officially opened on Wednesday (July 14). Prime Minister Lee Hsien Loong was the guest of honour at the event. This latest solar farm in Tengeh, which has a capacity of 60 MWp, will contribute to to the country's plan to install at least 2 GWp of solar PV capacity by 2030. The project will give the nation's solar and renewable energy industry a boost, paving the way for more such facilities to be built here and in the region, Mr Lee said. The idea of building a floating solar farm came up a decade ago when Singapore was looking for ways to harness solar energy at scale. This became an increasingly viable option as the cost of solar cells came down. Building a floating solar farm also helped to capitalise on the large surface area of reservoirs and allow for solar deployment to be scaled up, the PM added. Spread across 10 solar-panel islands,...

JCN Newswire
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Hitachi ABB Power Grids launches new transformers for floating offshore wind power

ruth
3 minutes

ZURICH, SWITZERLAND, Jun 7, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi ABB Power Grids today launched a portfolio of transformer products for offshore floating applications, designed to overcome the challenging offshore environment and withstand the physically demanding conditions on floating structures. The portfolio will enable much greater volumes of wind to be efficiently harvested and integrated into the global energy system, directly supporting the transition to a sustainable energy future.The portfolio of transformers will be installed on floating offshore substations and floating wind turbines in deep waters, where traditional solutions are not feasibleBuilding offshore presents many challenges beyond the harsh saltwater environment. So far, only a small fraction of offshore potential has been exploited, as in many areas the seabed is not suitable and depths of 60 meters are not feasible for fixed structures.Floating substations and floating wind turbines offer a solution, which can be used in deeper waters, vastly increasing the available global capacity for developing offshore wind energy. Yet floating systems come with their own challenges: over their entire lifet...

ACN Newswire
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Rimba Raya Floating Clinic Supplying Health Care to the Community along the Seruyan River

indie
6 minutes

JAKARTA, May 3, 2021 - (ACN Newswire via SEAPRWire.com) - The Rimba Raya Floating Clinic was introduced into the project area as a means to improve community access to health services in and around the Rimba Raya working area which is located along the Seruyan River. In cooperation with the Seruyan District Health Office, the Rimba Raya Floating Clinic has delivered health services three times in 2020 (Jan, Aug, Nov) and once already in 2021 (March).Medical check-up by Medical personnel in Belanti Village(L) & Medical personnel with Rimba Raya Staff(R).Dr Ristya Aulia of the Floating Clinic medical team.Medical examination by Medical personnel in Tampudau Village(L) & Cempaka Baru Village(R), Miss Irus is checked by the nurse.During these trips, several healthcare services are provided including general medical check-ups which help determine the health of local people by recording their weight, height, blood pressure and temperature. A general wellness check is also done. Additionally, pregnant women are examined to ensure that the pregnancy is advancing normally and that the mother to be is in good health. Children are also examined to monitor their growth and physical dev...