Tag Archives: secures

RusForest Secures Financing For Wood Pellet Project In Russia

Taylor Scott International News Taylor Scott International Taylor Scott International, Taylor Scott Continue reading

Posted on by tsiadmin | Posted in Investment, investments, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , , | Comments Off on RusForest Secures Financing For Wood Pellet Project In Russia

Doosan Secures Major Boiler And Turbine Project For France’s Largest Biomass Power Plant

29 May 2013 Doosan Power Systems said it has been awarded a major biomass conversion and turbine upgrade project for E.ON’s coal-fired Provence power plant in Gardanne – Meyreuil, France. The project will help to create France’s largest biomass-fired power plant to date as part of the E.ON Group ’s “cleaner, higher performance energy” strategy, said Doosan. The new biomass unit, generating electricity from the combustion of wood – including forest chips, green residues and recovered wood – will be converted from the existing coal-fired Provence 4 unit, said the company. Doosan hopes it will provide 150MW of power with base production of more than 7500 hours per year until 2034, which corresponds to the annual electrical consumption (except for heating) of 440,000 households, reducing the CO2 balance by 600,000 tons per year. It will also extend the life of the Provence power plant for a further 20 years while helping structure and develop the region’s wood-energy industry. Work will begin this summer with the first firing in the autumn of 2014 and startup of operations in early 2015, said the company. Doosan Power Systems will be responsible for converting the existing Provence facility to biomass, in particular by converting the 20-year-old coal-fired CFB (circulating fluidised bed) boiler and renovating the steam turbine. The project will be led by the Germany-based CFB specialist, Doosan Lentjes who supplied the original CFB technology and key components for the plant in 1992. At the same time, the company’s turbine specialist, Doosan Škoda Power, will replace the inner steam path of the existing steam turbine to match the new output and enhance plant efficiency. Life-time extension works will be undertaken by Doosan Babcock on the remaining equipment so that the plant is well placed to deliver reliable performance for a further 20 years, said Doosan. The assembly of the new equipment will be subcontracted locally to ADF, a French group located in the Fos-Berre basin that specialises in the maintenance of power generation sites. The project will have a significant economic impact on the region, said the company, employing an average of 200 people over 18 months, and up to 350 in peak periods, a large number with local industrial players like ADF. Biomass plants produce electricity through the combustion of various organic materials (green wastes, chips, recovered wood). The new Provence 4 biomass unit will consume some 850,000 tonnes of biomass per year. Doosan said it plans that within ten years after the commissioning of the new unit, all the biomass will be sourced locally. Continue reading

Posted on by tsiadmin | Posted in Investment, investments, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , | Comments Off on Doosan Secures Major Boiler And Turbine Project For France’s Largest Biomass Power Plant

GranInvest Secures $149m Funds To Develop Ethanol Plant In Brazil

EBR Staff Writer Published 08 May 2013 GranInvest, a bio-fuel producer, has secured $300.3m funds from Banco Nacional de Desenvolvimento Econômico e Social (BNDES) in Brazil to finance the construction of an ethanol plant in Brazil. The second generation ethanol production plant will be located in São Miguel dos Campos, Alagoas, and is estimated have an annual production capacity of 82 million liters. The investment is said to be a part of the Support Programme for Industrial Innovation Sector Sugarcane and Sucroquímico (PAISS) for financing the development and production of new technologies to process bio-fuel from sugarcane. The program has selected 35 bio-production projects intending to invest $3bn. With this project, the bank has completed the financing $2bn for the cellulosic ethanol projects. Meanwhile, the plant will use straw and bagasse to produce ethanol so as to increase output by up to 45% compared to current levels. It is touted as the first commercial-scale plant in the country and second in the world with similar plant developed in Italy. Continue reading

Posted on by tsiadmin | Posted in Investment, investments, News, Property, Taylor Scott International, TSI, Uk | Tagged , , , , , , , , , , | Comments Off on GranInvest Secures $149m Funds To Develop Ethanol Plant In Brazil