30 August 2017 2017 09:15 AM GMT

French Giant ENGIE Develops 55 MW Wind Farm; First Mongolian Renewable Project

ENGIE will build and operate the Sainshand wind farm in Mongolia, its first renewable project in the country, located in the Gobi desert. This project, which is the third privately financed wind farm in Mongolia, will support the government’s objective to evolve towards a greener economy and a better environment. A USD 120 million project financing package has recently been signed by a group of international investors and financial institutions to develop the project.

The Sainshand wind farm will have a total installed capacity of 55 MW and will provide the equivalent of the electricity consumption of 130,000 people in Mongolia. Construction – which will be overseen by Tractebel, ENGIE’s engineering arm – will start this summer, with the commissioning of the plant in the second half of 2018.

Once operational, the farm will make a significant contribution to reducing Mongolia’s carbon emissions and cater for expected increased power demand in the country. The scheme will enlarge Mongolia’s renewable energy capacity and help the government to achieve its goal of renewable energy representing 20% by 2020 and 30% of all power by 2030.

Paul Maguire, CEO of ENGIE Asia-Pacific, said: “ENGIE’s ambition is to provide energy access-for-all through clean and renewable energy sources, especially to developing communities. Mongolia is facing an energy challenge due to increasing demand from industrialization and urbanization. As our first renewable energy project in Mongolia, ENGIE’s investment in the Sainshand wind farm is consistent with our vision of leading the global energy transition, and the drive for decarbonisation will significantly contribute to powering the country’s energy needs in a sustainable way.”

The Sainshand wind farm, located 450 km south-east of Ulaanbaatar nearby the Sainshand City, capital of Dornogobi Province, will boost the local and national economy through job creation, fiscal contributions and the supply of clean energy.

The project has been developed in consultation with local communities and a detailed environmental impact assessment has been approved by the relevant national authorities. Financing has been agreed following preparation of a comprehensive environmental and social management system compliant with international standards such those of the EBRD, EIB, International Finance Corporation (IFC) and the Equator Principles.

The ENGIE Group is the largest independent electricity producer in the world with 112.7 GW of installed capacities, of which 20% from renewables. It aims to reach a 25% contribution from renewables to its global energy generation portfolio in 2020.

August 24th 2018
E-Buses to Surge Even Faster Than EVs as Conventional Vehicles Fade

The electrification of road transport will move into top gear in the second half of the 2020s, thanks to tumbling battery costs and larger-scale manufacturing, with sales of electric cars racing to 28%, and those of e-buses (electric buses) to 84%, of their respective global markets by 2030. As the supply of cobalt emerges as a potential risk to the pace of growth in electrified transport over the next few years, the advance of e-buses will become more rapid than for electric cars, BNEF states.

September 17th 2018
MHI Vestas Signs Firm Order for Largest MW Project in Company History

MHI Vestas Offshore Wind will supply 90 of its flagship V164-9.5 MW turbines for the 860 MW Triton Knoll Offshore Wind Farm project; its largest MW project to date. MHI Vestas celebrated the financial close of the deal with innogy, at the site, confirming the project as the largest (MW) in the history of the turbine company. Affirming its strengthening position in the UK offshore wind market, the Danish-Japanese joint venture will supply 90 of the world’s most powerful commercially available turbine, the V164-9.5 MW, and has agreed on a comprehensive 5-year O&M agreement.

September 16th 2018
Ingeteam Develops New Optimal Offshore Power Conversion Architecture

Ingeteam, an independent global supplier of electrical conversion and turbine control equipment, has announced that a recent in-house R&D study allowed them to work out the optimal electrical power conversion designs for offshore wind turbines up to 15 MW. The research, taking into account the complex set of parameters at play in LCoE, enabled it to develop a Medium Voltage Power Converter reaching up to the 15 MW power range. Ingeteam claims that its new design is the ideal solution for scaling up offshore turbine platforms and will present its converter and the associated research at the Global Wind Summit in Hamburg next month.

September 10th 2018
Ørsted Announces Plans For Offshore Wind Farm To Power 1 Million UK Homes

Ørsted, the largest energy company in Denmark has recently unveiled its plans for a sustainable energy solution to power more than 1 million homes in the UK when completed. The company is one of many leading organisations speaking and presenting at the 17th annual Benelux Infrastructure Forum on 21–22 November in Amsterdam. This year’s 2-day conference is the biggest yet, hosting an international gathering of industry leaders from law firms, banks, investment asset and fund managers, energy companies, insurance companies, European Commission, and engineering consultancies.

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