LATEST ASIA INDUSTRY NEWS FROM POWER ENGINEERING INTERNATIONAL

Global demand for biomass pellets is expected to nearly double in the next seven years, from 29 million tonnes in 2015 to 53 million tonnes in 2023. Almost 60 per cent of this demand is expected to come from industry in the EU and Asia, with European countries (topped by Germany, Sweden and Latvia) consuming around 74 per cent of the world's pellets according to biomass trade group Aebiom.

Vestas has reclaimed pole position in Bloomberg New Energy Finance’s annual wind turbine manufacturing rankings.

The World Bank has responded to a critical report on its energy funding policy for the developed world.

Italy’s Ansaldo Energia is to launch its H-class gas turbine into the Asia market after signing a deal with Shanghai Electric Corp.

GE and Harbin Electric International are hailing “a major milestone” after they carried out the first fire of an advanced GE 9HA gas turbine installed at Bhikki power plant in Pakistan.

Almost 90 per cent of power and utility executives say their cybersecurity strategy does not fully meet their company’s needs, a new report has found.

 

Toshiba remains committed to a UK nuclear power project despite its plan to exit the nuclear plant construction business after posting a $6.3bn loss.

 

The global market for high voltage circuit breakers is expected to grow from $2.27bn in 2015 to $2.52bn by 2020, according to new research.

Research carried out by the Energy and Resources Institute (TERI) in New Delhi has forecast that India may be in a position to end coal power on the subcontinent by mid-century.

Hitachi and Mitsubishi Heavy Industries continue to be in conflict over costs associated with works intended for the Medupi and Kusile coal-fired power plants in South Africa.

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