Page 14 - AsiaElec Week 11 2021
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AsiaElec                                    NEWS IN BRIEF                                            AsiaElec







       EDL will retain control of local powerlines of   The company will start construction works   (ZMI) has secured its first windfarm
       less than 230 kilovolts. This would give the   for the initial 40MW/200MWh VRB-ESS and   installation contract in the South China Sea
       Chinese-majority firm effective control of   50MW manufacturing facility in May this   valued at $110mn.
       electricity exports to neighboring countries.  year.                        “With this award, ZMI becomes the
         “Given the current economic downturn   VRB Energy chairman Robert Friedland   first UAE and [Gulf Cooperation Council]
       and the enormous debt,” the ministry official   said: “This project is a massive catalyst for   offshore contractor to be awarded a contract
       said, “the Lao government does not have   VRB Energy’s global growth and further   with the Chinese government to support
       the ability to manage and operate a network   demonstrates that we are developing the   the development of an offshore windfarm,”
       of powerlines, so they decided to allow the   absolute best technologies to support the   Zakher Marine said.
       Chinese, who have the finances, technological   worldwide green energy revolution.  Commenting on the announcement, Ali
       aptitude and manpower to take over.”   “China wants to install over 1TW of solar   El Ali, Managing Director of ZMI, said: “We
                                           PV and wind power by 2030, with both the   are very proud to be the first company from
                                           US and the European Union prioritising   the GCC to work closely with the Chinese
                                           renewable power solutions.           government to provide jack-ups and a
       BATTERIES                              “Energy storage remains a key challenge in   testament that we are on track to deliver our
                                           the mass adoption of renewable energy, and   growth plans, expanding into new geographies
       VRB Energy to build battery-        we’re extremely proud to be leading the way in   and renewables business. This is going to be
                                           creating cutting-edge solutions at VRB.”
                                                                                the first of many, but it serves as a foothold for
       integrated solar power              “This presents a unique opportunity for scale-  The contract award secures ZMI’s
                                              VRB Energy CEO Dr Mianyan Huang said:  the Group in this growing market”.
       station in China                    up of the vanadium flow battery industry, and   expansion into the renewables market and the
                                           we applaud the government’s plans to support
                                                                                Chinese market, a fundamental part of ZMI’s
       VRB Energy has agreed to build a    development of a $14bn world-leading   strategic plan to expand into markets beyond
       100MW solar photovoltaic plant with a   vanadium energy storage industry cluster.”  the GCC region, ZMI said.
       100MW/500MWh integrated vanadium flow                                      According to Zakher Marine International,
       battery in Xiangyang, Hubei Province, China.                             the QMS Gladiator, ZMI’s largest self-
         The Xiangyang Municipal Government,                                    propelled, self-elevating jack-up, recently
       Hubei Pingfan New Energy, the Xiangyang   WIND                           arrived in China loaded on a heavy lift vessel.
       High-tech State-owned Capital Investment
       and Operation Group, and VRB Energy   UAE’s Zakher Marine wins
       signed a framework agreement for the project.
         The agreement includes construction   offshore wind installation
       of the first 50MW per year capacity of a
       VRB-ESS 1GW gigafactory in the country.   deal in China
       Canada-based VRB Energy will also construct
       a vanadium flow battery research and   UAE-based offshore vessel and jack-up
       development institute.              services provider Zakher Marine International






































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