8 NEWS IN BRIEF


CGN BUILDS ITS FIRST SOLAR PLANT


IN MALAYSIA China General Nuclear Power


Group (CGN), has started building its first solar plant in Malaysia. Construction of the 50,000-kw plant in Kedah state started in late March, He Yu, chairman of the CGN board, said on Monday. The project is expected to be in


operation by March 2019. As one of China's state nuclear power giants, CGN has significant investment in clean energy. In 2015, the group signed an equity


purchase agreement with Malaysian energy company Edra Global Energy Bhd, leading CGN to become the biggest foreign direct investor in Malaysia. CGN has overseas new energy plants with a total installed capacity of over 10 million kw.


South Korea seeks a greater role for gas supply in the energy mix


The Ministry of Trade, Industry and Energy of South Korea has released its 13th Long-term Natural Gas Sup- ply plan (13th Plan) for 2018 to 2031. The gas plan braces LNG suppliers for the disappointing demand growth in what is now the world's third largest LNG market. The initial optimism of LNG suppliers when President Moon was elected has been replaced with the recognition that more is needed to be done for gas to displace coal and nuclear.


The 13th Plan forecasts that by 2031, gas demand will reach 40.5 million tons (Mt), just 3 Mt up from 2017 levels. While the 8% growth over 14 years looks disappointing, the latest forecast is already a major upgrade over the 12th gas plan.


Jiangsu, China: Plus Renewable Technologies to build 10MW rooftop solar projects


supply with operations and maintenance services. These projects have received approvals from relevant government authorities and are currently under construction with completion and connection scheduled before the end of 2017. Without any initial capital outlays, these


Plus Renewable Technologies has announced that its wholly-owned subsidiary in China has signed a total of 10MW rooftop solar power purchase agreements with three reputable battery makers based in a newly developed battery storage industrial park located in Yangzhou City, Jiangsu Province, PRC. Under the PPA, Plus Ltd is to provide a complete solution for the solar power requirements of these enterprises, including development, funding, construction, and long-term power


power purchasers will benefit from the lower electricity prices to ensure operational cost savings during the term of the PPA. In addition to monetary savings, these projects will also bring lower carbon environmental benefits to the local community. Every year these solar projects are expected to cut down on the consumption of approximately 3,200 tons of coal and reduce emissions of about 7,900 tons of CO2 and 60 tons of SO2. Moreover, Cosco Shipping Leasing Company, part of the Cosco Shipping Group, has agreed to provide debt financing for these projects.


Power grid for Qimei Taiwan is building a power grid on one


of the islands of the Penghu Archipelago to generate wind and solar energy to serve as a model for other outlying island communities. The government hopes this will meet the goal of having up to 45% of Qimei Township's electricity generated from renewable energy sources by 2019. The state-run Taiwan Power Co


(Taipower) is now building a small-scale power grid in Qimei to generate solar and wind power as part of the government's ongoing National Energy Program (NEP). The project is aimed at generating about


3.37 megawatts of electricity by 2019 for the 4,000 households on the small island, according to a Taipower statement. Chen Chao-shun, chief coordinator of


Independent Power Asia March/April 2018


the second phase of the NEP, told CNA during a recent interview that at present, Qimei's electricity is generated by four diesel-powered generators, which is extremely costly, as power generated from diesel fuel costs NT$16 (US$0.53) per kilowatt hour (kWh),


www.gmp.uk.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28