Tag: project

Japan funds $17M renewable energy project in Guyana

Guyana, Georgetown: Japan is funding a $17 million renewable energy project in Guyana that should see an improvement of the capital’s electricity generation system and the introduction of a solar energy system at the locally-based headquarters of the Caribbean Community (CARICOM).

Turkmenistan needs transformers as part of $5B investment by 2020

Turkmenistan is in high demand for power transformers due to the implementation of the “Concept for the Development of the Electricity Industry for 2013-2020”, which has become the largest investment project, envisaging more than $5 billion for the development of the power industry until 2020.

Lithuania’s power grid project gets €10.8M in EU money

Lithuania, Vilnius: Lithuania has been allocated some €10.8 million ($12.6 million) in EU funding for the optimization of its transmission grid in north-east, a project important for the synchronization of the Baltic power grids with the Continental European network, reports The Baltic Times.

REN and ONEE to propose Portugal-Morocco interconnection project

REN and ONEE – Office National de l’Electricité et de l’Eau Potable of Morocco were mandated by the Governments of Portugal and Morocco to submit, within six months, a preliminary draft proposal for the construction and financing model for the construction of the Portugal-Morocco electric interconnection, reports Compelo Energy.

ZTR to supply another transformer for Tokmak solar project

Ukraine: Ukrainian transformer manufacturer Zaporozhtransformator (ZTR) is supplying a new power transformer for Tokmak Solar Energy‘s solar power project in Zaporozhye region, so that the second stage of the project construction could start.

Foxconn might get $140 million electricity project

USA, Milwaukee: American Transmission Co. will seek state approval for a $140 million project in order to run electrical power to the huge manufacturing complex that Foxconn Technology Group plans to build in Racine County, Milwaukee.

Arizona-Texas cross-border project gets state approval

USA, Arizona: Arizona state regulators have approved a joint proposal by UniSource Energy Services and a Texas-based Hunt Power for the construction of a cross-border electricity transmission project with a hub in Nogales, and an upgrade of an existing transmission line that serves Santa Cruz County.

USD 181M transmission upgrade planned in New York State

USA, New York: New York State Independent System Operator officials are backing a $181 million plan to build a power transmission project that would run from Royalton in Niagara County to Elma in southern Erie County, New York State.

Banks invest $150M in $1B power transmission project

The Asian Development Bank (ADB), with co-financing from Asian Infrastructure Investment Bank (AIIB), will provide $150 million for an ongoing power transmission project in India, whose aim is to deliver more clean energy.