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GE’s technology will support SEC’s large combined cycle power plants to generate more than 3.8 gigawatts of power, with the goal of achieving significant fuel savings plus lower emissions.


Equipment supplied by GE is currently supporting the generation of over 50% of Saudi Arabia’s power supply, with more than 500 gas turbines installed in the Kingdom. The company has been operating in approximately 40 SEC power plants for the last four decades. SEC’s PP13 and PP14 power plants will


feature a total of 12 GE 7F-5 gas turbines, four GE steam turbines and 16 generators. Shipment of the equipment is expected to start in early 2015.


SOLARWORLD AG The Germany headquartered developer, manufacturer and worldwide distributor of solar power systems has acquired the German solar cell and module production of Bosch Solar Energy.


With this announcement, SolarWorld takes over a cell production plant with a nominal year-end capacity of 700 megawatts and a module production plant with 200-megawatt nominal year-end capacity from Bosch Solar Energy AG.


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The acquisition also means that the company will be the first European solar energy group with a production capacity of more than one gigawatt. Together with the newly acquired production facilities, SolarWorld will be the largest solar technology manufacturer in the Western world and strengthens Germany’s position as a leader in photovoltaics. Organized by


Bosch and SolarWorld are both leaders in the technological development and


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industrial application of high-efficiency PERC technology. With the consolidation of research activities and with their combined production experience, SolarWorld expects further efficiency gains and cost reductions. The implementation of the acquisition is set to take effect at the end of February 2014.


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VEOLIA ENVIRONNEMENT Dalkia, a subsidiary of Veolia Environnement and Electricité de France (EDF), and Canadi- an fund Fengate Capital Management Ltd., will develop one of Canada’s largest biomass plants which will be designed, built and operated by Dalkia in Fort St James, British Columbia.


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Financing for the state-of-the-art plant, which will be one of the largest in Canada and North America, has already closed, and under the Design, Finance, Build, Operate and Maintain (DFBOM) contract, Dalkia will operate and maintain the facilities and manage the wood biomass supply and preparation. With an electricity capacity of 40 megawatts, the new plant will consume 307,000 metric tonnes of biomass per annum. Dalkia will manage the biomass supply working closely with local forestry companies, sawmills and the First Nations. The biomass used by this plant will largely comprise waste from the British Columbia forestry industry, such as sawmill and logging waste, and trees killed by the mountain pine beetle epidemic of the last decade. Electricity generated by the plant will be sold to BC Hydro & Power Authority to power almost 40,000 Canadian households. It will avoid the annual discharge of around 95,000 metric tonnes of CO2


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of more than 45,000 cars taken off the road.


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