With a recent rise of renewables in Vietnam triggered by the growing demand for electricity and conducive policies, solar power projects are outpacing wind power ones. How can wind development catch up with the solar boom in country? Vietnam has a mass of untapped wind power potential up and down its long coast The development in both wind and solar power demonstrates Vietnam’s efforts to meet the targets set in the Revised Power Development Master Plan VII to produce 10.7 per cent of its electricity from renewable sources by 2030, thanks to a big push for incentives. As an early bird in the wind power sector, Bui Van Thinh, chairman and CEO of Thuan Binh Wind Power JSC, brought Phase 1 of the Phu Lac wind plant in the south-central province of Binh Thuan into commercial operation and connected it to the national grid in 2016. He said the company is going to continue to develop another wind power project in the neighbouring province of Ninh Thuan … [Read more...] about Maximising the wind revolution in energy sector
Siemens energy management
Iraq Rebuffs U.S. Demands to Stop Buying Energy From Iran
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Politics | Iraq Rebuffs U.S. Demands to Stop Buying Energy From Iran Supported by ByEdward Wong Feb. 11, 2019 WASHINGTON — The Trump administration is pressuring Iraq to stop buying energy from its neighbor and sole foreign supplier, Iran, in what has become a major point of conflict between Washington and Baghdad. Iraqi leaders, fearing that a further shortfall in power would lead to mass protests and political instability in their electricity-starved country, are pushing back on the demand, which is rooted in President Trump’s sanctions against Iran. The dispute has frayed American diplomacy with Baghdad as Iraq tries to steady itself after the United States military withdrawal in 2011 and the campaign against the Islamic State. Iraq’s defiance further jeopardizes Mr. Trump’s goal of … [Read more...] about Iraq Rebuffs U.S. Demands to Stop Buying Energy From Iran
Siemens supports University of Technology with Industry 4.0 Lab
HCMUT has decided to implement Siemens’ solutions at their Innovation Lab -- Phto courtesy Viet Nam News HCM CITY — The HCM City University of Technology (HCMUT) has appointed Siemens as its technology partner to develop the university’s Industry 4.0 Lab. The partnership, which leverages Siemens’ expertise, aims to foster greater development in science and technology in Việt Nam. As part of the agreement, the two parties will identify gaps in the current curricula in Industry 4.0 and energy technology, and develop new training courses to supplement and enhance HCMUT’s current offerings. Siemens’ digital twin portfolio and expertise in automation, drive, and energy technologies will facilitate the inception of the Industry 4.0 Lab, which includes four pillars: total integrated automation solutions, product lifecycle management (PLM), digitalization concept for factories and power generation, and transmission and distribution. By … [Read more...] about Siemens supports University of Technology with Industry 4.0 Lab
Siemens’ mega-project in Egypt completed in record time, benefits more people
Viet Nam News CAIRO, Egypt — “I am very proud to be a Vietnamese engineer working on Siemens’ biggest project ever,” said Nguyễn Chí Hiếu, one of three Vietnamese commissioning engineers trained to work at Beni Suef power plant in Egypt, where he tests the plant’s systems. The project Hiếu referred to is the US$9 billion deal reached by Siemens and the Egyptian government to build three gas-fired combined cycle power plants in three different regions in the country. The project was expected to lift the country’s capacity of power generation by 45 per cent compared to its installed base in 2015 by adding 14.4GW of power generation capacity to Egypt’s national grid, which would help address the electricity shortage in the country. Egyptian people had experienced frequent and lengthy power cuts and blackouts since 2010, said Emad Ghaly, CEO of Siemens Egypt. At the peak of electricity crisis, … [Read more...] about Siemens’ mega-project in Egypt completed in record time, benefits more people
Siemens eyes Asian markets to boost power generation business
By Koustav Samanta SINGAPORE (Reuters) - Siemens Power Generation Services, a unit of Germany's Siemens AG <SIEGn.DE>, is looking to Asian markets to grow its power generation business, the company's Chief Executive Officer Tim Holt said on Tuesday at a conference in Singapore. "There are a couple of IPP (independent power producer) projects especially in the ASEAN region, clearly there are markets in Thailand and Malaysia, while Korea's new government is getting ready to have the next wave of investments," Holt said. Siemens, like its main competitors in the natural gas-turbine market sector General Electric and Mitsubishi Hitachi Power Systems, have been hit hard by a drop in turbine sales in the last few years, forcing all three to lay off thousands of workers as renewables are competing with gas as a power source. "Both Pakistan and Bangladesh are in discussion. There's also discussion on gas to power," Holt said on the sidelines of Singapore International Energy Week 2018. … [Read more...] about Siemens eyes Asian markets to boost power generation business