Page 8 - AsiaElec Week 31

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Marubeni gains exclusive development

rights for Myanmar’s Thilawa project

MYANMAR MARUBENI, with Sumitomo, Mitsui & Co., In Myanmar, rapid economic growth has
and Eden Group, have received permission from caused expectations to rise for overseas IPP
Myanmar’s Ministry of Electricity and Energy to developers to supply power to meet the increas-
go ahead with their LNG-to-power project in ing demand for electricity.
Thilawa, Myanmar. Demand for electricity is especially high in
The scope of this project includes the build- the Thilawa region, which has a Special Eco-
ing, owning and operation of a 1,250MW LNG nomic Zone where Marubeni also invests.
fuelled thermal power plant and onshore LNG Marubeni, Sumitomo, Mitsui and Eden Group
receiving, storage and regasification facility of will continue to contribute to further economic
the largest capacity in Myanmar. development in Myanmar by supplying safe and
It also includes a long-term power purchase stable power through the project.
agreement for the sale of generated power to the In the power market, Marubeni has expanded
Electric Power Generation Enterprise (herein- its power generation assets to over 12GW (net)
after, EPGE), a stated-owned enterprise under in 19 countries, including Japan.
MOEE, over a 25-year term after commercial Marubeni is committed to contributing to the
operation commences. development of infrastructure in Asian coun-
The project further includes the procurement, tries by utilising its extensive experience and
shipping, storage and regasification of LNG. knowledge.
Now that the NTP has been received, Marubeni The company aims to continue to develop
with Sumitomo, Mitsui and Eden Group will LNG-to-Power projects, such as this project,
proceed with the development of the Project by which include the energy chain of LNG procure-
firstly carrying out the detailed feasibility study ment, shipping, storage and regasification to the
followed by procuring financing, and construct- production of electricity.™
ing the power plant and associated facilities.
HYDRO

GE Renewable Energy signs deal to build

pumped hydro at Australia’s Walcha project

AUSTRALIA GE Renewable Energy is to work with Australia’s The renewable energy complex, to be built in
Walcha Energy to build the 500MW Dungowan the New England Renewable Energy Zone, is set
pumped hydro storage project, which will in to feature 3.4GW of wind power and 700MW
turn support Walcha’s 4.2GW of solar, wind of solar, together with 100MW of battery stor-
and battery capacity nearby in the New England age and the 500MW Dungowan pumped hydro
Renewable Energy Zone. storage plant.
GE said this week is had signed an agreement Renewable Energy Zones are a major feature
with Walcha Energy under which GE’s Hydro of the New South Wales government’s green
Solutions business will offer Walcha Energy policy, The first wind farm in the Walcha project
technical assistance for the Dungowan pumped is the 700MW Winterbourne project, which is
hydro storage power plant, a project which is owned by Vestas and is expected to start oper-
expected a key role in NSW’s energy transition. ations in 2022.
“It has been many years since new hydro Other Walcha projects include the 700MW
capacity was built in Australia, so GE Renewable Salisbury solar farm and the 700MW Ruby Hills
Energy is excited to be at the forefront of the next wind farm
generation of Australian hydropower capacities,” The Walcha Energy Project is situated around
said Pascal Radue, chief executive of GE Renew- the town of Walcha, located in the New England
able Energy Hydro Solutions tablelands approximately 55km south of Armi-
“Nearly half of the more than 8GW of hydro- dale, NSW.
power capacity operating in Australia today is The pumped hydro system will provide the
powered by our turbines, generators or both,” flexibility needed to maintain reliable load lev-
he added. els to the national grid even during times of

P8 www. NEWSBASE .com Week 31 05•August•2020