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Mitsubishi Power Ships JAC Gas Turbine to Brazil: Marlim Azul Project Will Be the Most Fuel-efficient Gas Turbine Power Plant in South America

ruth
4 minutes

Florida, USA, Jun 18, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power Americas, Inc. has shipped an M501JAC gas turbine to Marlim Azul Energia's power plant in Macae, Rio de Janeiro, which will become the most fuel-efficient power plant in South America when it begins operation in January 2023. The plant was the winning project at Brazil's gas-based energy auctions and will be the first in Brazil to use associated gas from Brazil's Pre-Salt basin. Mitsubishi Power's Savannah Machinery Works in Savannah, Georgia, shipped Brazil's first M501JAC gas turbine to Marlim Azul Energia's power plant in Macae, Rio de Janeiro. The plant will convert domestic pre-salt gas into electricity and become the most fuel-efficient and affordable gas turbine power plant in South America when it enters operation. (Credit: Mitsubishi Power)The M501JAC is the world's leading gas turbine with an efficiency greater than 64%, reliability of 99.6%, and the lowest carbon emissions per unit of power when used in combined cycle. The gas turbine's exceptional operational flexibility will enable Marlim Azul to complement intermittent wind and solar power generation and to efficiently convert domestic pr...

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Mitsubishi Corporation Participates in Laos Wind Farm Project

ruth
2 minutes

TOKYO, Jun 16, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) has reached agreement to invest in Impact Energy Asia Development Limited (IEAD), the developer of a 600MW capacity onshore wind farm project in Laos. MC will invest through an intermediate holding company together with a group company of Impact Electrons Siam Co., Ltd. in Thailand. The initiative is being executed through Diamond Generating Asia, Limited (DGA), MC's wholly owned subsidiary in Hong Kong.Site Location The onshore wind farm will be located in Sekong and Attapeu Provinces in southern Laos. The wind farm will be the first wind farm in Laos and the largest in South East Asia. By installing a dedicated power transmission line to Vietnam, power from the wind farm is planned to be sold to Vietnam Electricity, a state-owned electric power company in Vietnam, for 25 years. In Vietnam, in addition to the need for further power supply to support its growing economy, it is crucial to secure a power source in the dry season, when the operating rate of one of Vietnam's main power sources, hydro power generation, is limited. The onshore wind farm is expected to operate at a high rate during the dr...

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Prasaga & Quantum Generation Have Partnered, Bringing Sharding to the Space-Based Communications

pandora
3 minutes

BVI and Las Vegas, NV, June 7, 2021 - (ACN Newswire) - The partnership between Prasaga and Quantum Generation(R) (QG) has been announced. The collaboration will leverage the fully scaling Prasaga DataGrid Blockchain (DGB) and QUBIT Blockchain(R) (QB) quantum technology to revolutionize communications, Fintech, iD and voting applications. Pragasa and Quantum Generation (QG) have announced a partnership to bring sharding to space-based communications. Quantum Generation (QG) will deploy their Quantum Space-Based Business Solutions and proprietary QUBIT Blockchain (QB) on the Prasaga DataGrid Blockchain (DGB) and utilize the Presaga DataGrid Token (DGT) for transaction settlement."The new applications that become possible with this collaboration align with our shared mission to build the new economy, sovereignty and communication solutions without boundaries," said Larry Castro, Quantum Generation CEO. "Cooperating to build a decentralized incentivized ecosystem that ensures markets that thrive on blockchain.""Finding partners that align on values and purpose is essential in building the strong ecosystem of collaboration that the Prasaga Foundation is committed to," said Michael Holdm...

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Prasaga and Quantum Generation Have Partnered, Bringing Sharding to Space-Based Communications

indie
3 minutes

BVI and Las Vegas, NV, Jun 6, 2021 - (ACN Newswire via SEAPRWire.com) - The partnership between Prasaga™ and Quantum Generation® (QG) has been announced. The collaboration will leverage the fully scaling Prasaga DataGrid Blockchain™ (DGB) and QUBIT Blockchain® (QB) quantum technology to revolutionize communications, Fintech, iD and voting applications.Pragasa and Quantum Generation (QG) have announced a partnership to bring sharding to space-based communications.Quantum Generation® (QG) will deploy their Quantum Space-Based Business Solutions and proprietary QUBIT Blockchain® (QB) on the Prasaga DataGrid Blockchain™ (DGB) and utilize the Presaga DataGrid Token™ (DGT) for transaction settlement."The new applications that become possible with this collaboration align with our shared mission to build new economy, sovereignty and communication solutions without boundaries," said Larry Castro, Quantum Generation CEO. He continued:"Cooperating to build a decentralized incentivized ecosystem that ensures markets that thrive on blockchain.""Finding partners that align on values and purpose is essential in building ...

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Mitsubishi Power Concluded Three LTSA Contracts Covering Six Gas Turbines Powering Three 750 MW Class GTCC Power Plants in Egypt at Signing Ceremony

indie
3 minutes

YOKOHAMA, Japan, Jun 4, 2021 - (ACN Newswire via SEAPRWire.com) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has concluded, simultaneously, three 16-year long-term service agreement (LTSA) covering six M701F gas turbines, two each delivered, for Sidi Krir Power Station, El Atf Power Station and Cairo North GTCC plants in Egypt. These plants operate natural-gas-fired gas turbine combined cycle (GTCC) generators with a rated output of 750 MW. Mitsubishi Power will ensure stable, high-availability operation of facilities by providing maintenance, management, parts supply, parts repair and remote monitoring services for the gas turbines, and enhance the power supply stability throughout Egypt.Signing CeremonyThe LTSA signing ceremony was held at Sidi Krir Power Station, some 50 km west of Alexandria on the Mediterranean Sea coast, on May 31. Besides Mitsubishi Power and Mitsubishi Heavy Industries Regional Executives, the attendees included senior representatives from: the Ministry of Electricity and Renewable Energy, the Egyptian Electricity Holding Company (EEHC), which lead the power generation and transmission operations in Egypt, the Embassy of Japa...

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Infocus International Announces Online Masterclass on Electricity Economics

indie
2 minutes

Singapore, Apr 14, 2021 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has launched the Electricity Economics in Changing Electricity Markets online course and it will be commencing live on 18th May 2021. Throughout the four sessions, you will understand the new economics of power markets in a low-carbon world.This is an essential course both for those generating and trading electricity and for those responsible for policy within the power industry. It leads you through a clear, accessible and thorough examination of the economics of power generation, from power plant cost influences to end-customer prices. It contextualises this analysis with key consideration of industry drivers and trends, including increasingly liberalised and competitive markets, evolving policy support and management frameworks, the growth and integration of renewable power sources, and the restructuring of power systems towards more decentralised operations.We'll examine these key questions:- Which variables drive the economics of electricity generation?- How do generation costs combine with other factors to produce end-use electricity prices?- How are current technology & system trends...

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AU21 Backs XFai’s Reimagined Future of DeFi

indie
4 minutes

Washington, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - AU21, one of the most reputable venture capital firms in the world focusing on blockchain and digital assets, has decided to partner with XFai through a strategic investment. The partnership comes at an important time, as XFai's proposed changes in the DeFi space are quickly gaining momentum as the project's public token sale -- referred to as Liquidity Generation Event (LGE) -- is quickly approaching. AU21 is proud to be bound to XFai by providing its support and access to its network for XFai to reach a wider audience within the DeFi space and help revolutionize the industry.XFai is a project set to chart a new course for how investors and projects interact within the DeFi ecosystem. It develops various tools that chart the liquidity depth and the order book of both DEX (decentralized exchanges) and CEX (centralized exchanges). Using its native-built DLO (DEX Liquidity Oracle), XFai shifts the liquidity between DEX and CEX dynamically to allow investors on DEX to benefit from free-flowing token liquidity, ultimately freeing the investors to enjoy optimized trading grounds on decentralized exchanges. XFai's DLO is equip...

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Mitsubishi Power Commences Development of World’s First Ammonia-fired 40MW Class Gas Turbine System

ruth
3 minutes

TOKYO, Mar 1, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fueled by 100% ammonia (NH3). The project was started in response to the increasing global focus on decarbonization. As firing of ammonia produces no carbon dioxide (CO2), carbon-free power generation is achieved. Going forward, after combustion and other testing, Mitsubishi Power is targeting commercialization in or around 2025. When achieved, it will mark the world's first commercialized gas turbine to make exclusive use of ammonia as fuel in a system of this scale, and will aid in the promotion of decarbonization of small to medium-scale power stations for industrial applications, on remote islands, etc.Mitsubishi Power is working to reduce environmental impact through the development of high-efficiency power generation technologies. Until now, the Company has pursued technological developments enabling a transition from natural gas fuel used in gas turbine combined cycle (GTCC) systems, which currently emit the lowest amount of CO2 among thermal power generation systems, to hydrogen, which emit...

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Turboden of Italy Receives First Order for Binary Cycle Power Generation Equipment for Natural Gas Pipeline GCS in Egypt

ruth
3 minutes

TOKYO, Feb 16, 2021 - (JCN Newswire) - Turboden S.p.A., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Lombardy, Italy, has received an order for two sets of 14-megawatt (MW) binary cycle power generation equipment to be installed in a gas compression system (GCS) that drives the gas turbines supporting compression of natural gas in a pipeline located in Dahshour, Egypt. The equipment utilizes Turboden's proprietary ORC (Organic Rankine Cycle) system(Note) making effective use of the gas turbines' waste heat.In the system being newly installed by Egyptian Natural Gas Holding Co. (GASCO), the binary cycle power generation equipment will generate 28MW of power using the waste heat from four existing gas turbines and a gas turbine to be newly supplied by Siemens Energy of Germany. The new configuration will improve the GCS's compressed gas capacity and overall efficiency, thereby helping to reduce CO2 emissions. In addition to creating 192 gigawatts (GW) of power per annum and using it to drive the electrical compressor, the configuration will conserve the more than 65 million cubic meters (m3) of natural gas per year that has been used until now. It will also ena...

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Order Received for Philippines/29MW Binary Power Generation Project at EDC’s Palayan Geothermal Power Plant

ruth
4 minutes

TOKYO, Feb 3, 2021 - (JCN Newswire) - Turboden S.p.A., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Lombardy, Italy, and Mitsubishi Power, Ltd. have jointly received an order for 29-megawatt (MW) binary cycle power generation equipment to be installed at the geothermal power plant operated in Palayan, in the southeastern sector of Luzon Island in the Philippines, by Energy Development Corporation (EDC), a local company which boasts of being the world's largest vertically integrated geothermal company. Turboden will provide the complete power generation system, and Mitsubishi Power will provide support through its local resources. The order calls for project completion and operation startup by the end of 2022.The power generation system to be provided by Turboden will add new binary cycle geothermal power equipment, whose key component is the company's proprietary 29MW ORC (Organic Rankine Cycle) system*, to the existing 120MW flash type geothermal power plant owned and operated by Bac-Man Geothermal Inc. (BGI), an EDC power subsidiary. The new system will generate power making effective use of brine, which until now has merely been returned to a reinjection w...

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Sharp Builds Mega Solar Power Plant in Binh Dinh Province, Vietnam

ruth
2 minutes

Vietnam, Dec 14, 2020 - (JCN Newswire) - Sharp Energy Solutions Corporation (SESJ)(3) announces the completion of a mega solar power plant in Binh Dinh Province, Vietnam. The project was a collaboration with multiple partners, including power generating company Viet Nam Viet Renewable Energy Joint Stock Company(4) and local construction company as well as co-owner of the project NSN Construction and Engineering Joint Stock Company(5).Completed solar power plantThe new plant has an output of approximately 50 MW-dc, with annual power generation capacity estimated at 82,506 MWh/year. This is equivalent to the amount consumed in a year by about 43,700 average Vietnamese households. SESJ has so far constructed six solar power plants in Vietnam, for a combined capacity of approximately 290 MW-dc. This new plant will raise the total capacity to approximately 340 MW-dc. The Vietnamese government has formulated a plan(6) to raise solar power generation capacity in the country to 12,000 MW by the year 2030. SESJ will leverage the technologies and know-how it has gained from the construction of power plants around the world and remains committed to spreading renewable energy in Vietnam.(1) Ca...