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PIPELINES & TRANSPORTATION

05/25/2013



Temporary management at KazTransGas-Tbilisi extended to June 1 2014

Georgia's National Energy Regulatory Commission has extended to June 1 2014 the authority of temporary special management at gas distribution company KazTransGas-Tbilisi (former Tbilgaz), the regulator reported.

RENEWABLES & ECOLOGY

05/25/2013



Govt moves to stimulate investment in renewable energy

The Russian government has passed a series of normative acts to stimulate investment in alternative sources of energy, the director of the solar power association, Anton Usachev, told Interfax.

Usachev said that according to the adopted documents a mechanism will be put in place for selecting renewable energy projects on the basis of tenders, there will be established basic parameters for capital and operating costs for the building of such facilities and requirements for the localization of equipment for the building of renewable energy facilities, and there will also be a determination of the combined capacity of such projects by type - wind, solar, and small hydroelectric stations.

Tata Power to tap Africa's renewable energy potential - report

05/24/2013

(SeeNews Renewables) - May 24, 2013 - The renewable energy unit of Indian power producer Tata Power (BOM:500400) intends to expand its operations into Africa, Hindustan Times said on Thursday.

WIPO PUBLISHES PATENT OF SIEMENS FOR "POWER SUPPLY SYSTEM OF A MARINE VESSEL" (NORWEGIAN INVENTOR)

05/24/2013

GENEVA, May 24 -- Publication No. WO/2013/072226 was published on May 23.

Title of the invention: "POWER SUPPLY SYSTEM OF A MARINE VESSEL." Applicants: SIEMENS AKTIENGESELLSCHAFT (DE). Inventors: Damir Radan (NO). According to the abstract* posted by the World Intellectual Property Organization: "A power supply system of a marine vessel is provided. The power supply system is adapted to be coupled to a power distribution bus of a marine vessel for powering a plurality of electric motors coupled to the power distribution bus. The power supply system includes a generator for generating electric power and a control system coupled to the generator and adapted to control the output voltage of the generator in accordance with a voltage setpoint. The control system includes a measuring unit for measuring a parameter of the electric power generated by the generator and the control unit adapted to control the voltage setpoint for the output voltage of the generator in dependence on the measured parameter." The patent was filed on Nov. 7, 2012 under Application No. PCT/EP2012/071977. *For further information, including images, charts and tables, please visit:

Closes Northwest Stave River Hydroelectric Project Financing

05/24/2013

INNERGEX RENEWABLE ENERGY INC ("INE-T") - Closes Northwest Stave River Hydroelectric Project Financing

Innergex Renewable Energy Inc. ("Innergex" or the "Corporation") has closed a $72 million non-recourse construction and term project financing for the Northwest Stave River run-of-river hydroelectric project located in British Columbia, Canada.

"We are very satisfied with the terms of this financing agreement, which provides for fixed-rate debt at a very attractive rate, with a term corresponding to the duration of the power purchase agreement for this project" states Michel Letellier, President and Chief Executive Officer of the Corporation. "This agreement confirms the Corporation's ability to secure appropriate project financing, and serves as a reminder of its sound business model based on developing high-quality assets that generate stable and predictable cash flows over the long term and minimizing risks, in order to create value for its shareholders", adds Mr. Letellier.

GE's Advanced Water Treatment Technology Helps Texas Power Plant Cut Costs and Reduce Water Treatment Needs

05/24/2013

New Delhi, May 23 -- Tenaska Gateway Generating Station, a combined-cycle power plant in Texas, has reaped the benefits of GE's (NYSE: GE) advanced water treatment technology, saving the plant more than $3.2 million in operational expenses and significantly reducing its use of water treatment agents in the past three years.

AfDB powering a climate-smart and greener continent

05/24/2013

/ PRNewswire Africa / - For the African Development Bank's Energy, Environment and Climate Change Department, transforming Africa means powering a climate-smart and greener continent. It entails supporting transformative infrastructure projects to increase energy access backed by both large-scale and off-grid solutions, promoting sustainable use of natural resources, supporting climate-resilience with concessional climate and environmental finance, and ensuring that all projects comply with international and social best practices.

Some energy projects are large-scale transformative projects. They involve blending public and private capital with the help of concessional climate and environmental finance and diversifying the energy mix to include clean and renewable energy sources such as hydro (e.g Inga in Democratic Republic of Congo), geothermal (e.g. Rift Valley) or wind and solar power (e.g. in Morocco).

Thailand: Pakpoom vows fuel plant battle

05/24/2013

An energy activist says he will oppose any move to build new fossil-fuel power plants in the South, despite Tuesday's record region-wide blackout, the Bangkok Post reports.

EDF gets GBP 1.5m in compensations for halting generation at Scottish wind farm - report

05/24/2013

(SeeNews Renewables) - May 24, 2013 - A unit of French power utility EDF (EPA:EDF) received some GBP 1.5 million (USD 2.3m/EUR 1.8m) in compensation payments for switching off turbines at its Fallago Rig wind farm in Scotland between April 29 and May 15, the Daily Telegraph said Friday.

Changes proposed to strengthen energy and utilities board, create new energy public intervener

05/24/2013

The Province of New Brunswick, Canadian Government has issued the following press release:


The position of a full-time public intervener will be created and the New Brunswick Energy and Utilities Board will be restructured under two pieces of legislation introduced today.

On The 2013 Annual General Meeting

05/24/2013

NORTHLAND POWER INC ("NPI-T;NPIFF-0") - On The 2013 Annual General Meeting

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR ITS POSSESSIONS. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

ICYMI: SENATOR HOEVEN PRESSES FOR A STATES-FIRST APPROACH TO ENERGY REGULATION

05/24/2013

May 23, 2013

Contact: Don Canton or Kami Capener DonCanton@hoeven.senate.gov SENATOR HOEVEN PRESSES FOR A STATES-FIRST APPROACH TO ENERGY REGULATION Hoeven Says One-Size-Fits-All Approach Won't Work, Calls for Cooperation among All Interests to Move Nation Forward WASHINGTON - Senator John Hoeven today called for a states-first approach to the regulation of hydraulic fracturing and energy production. Hoeven made the statements during a roundtable of the U.S. Senate Committee on Energy and Natural Resources comprised of representatives from the energy industry and environmental groups.

Thornberry Says, 'No More Excuses' When It Comes to Domestic Energy

05/24/2013

Rep. Mac Thornberry, R-Texas (13th CD), issued the following news release:

This week, U.S. Congressman Mac Thornberry (R-Clarendon) introduced the latest version of his bill to promote domestic energy production. H.R. 2081, the "No More Excuses Energy Act of 2013," would encourage the production of all forms of domestic energy including oil and gas, nuclear, and alternative energy and fuels.

"Congress needs to reduce the amount of regulation coming out of Washington and encourage all forms of energy production here at home," said Thornberry. "We need national energy policies that create jobs and grow the economy; basically, we should be trying to replicate what Texas has been doing the past 15 years. This bill is meant to do just that - help to lower energy prices and create jobs by getting government out of the way of producers."

Senator Hoeven Presses for a States-First Approach to Energy Regulation

05/24/2013

The office of Sen. John Hoeven, R-N.D., issued the following news release:

Senator John Hoeven today called for a states-first approach to the regulation of hydraulic fracturing and energy production. Hoeven made the statements during a roundtable of the U.S. Senate Committee on Energy and Natural Resources comprised of representatives from the energy industry and environmental groups. He also called on Congress, industry and various interest groups to work together to address the nation's energy needs using all of the nation's energy resources.

Thailand: NED expects to see sunny days ahead

05/24/2013

Natural Energy Development Co (NED), Thailand's first private solar farm, is looking for another opportunity to invest in the sector despite great competition, the Bangkok Post reports.

Indian Applicants File Patent Application for Thermocouple Electricity Generator Using Solar and Geo Thermal Heat

05/24/2013

New Delhi, May 24 -- Markanda Sangeet of Barnala, India and Dr R K Aggarwal filed patent application for thermocouple electricity generator using solar and geo thermal heat. The inventors are Markanda Sangeet and Dr R K Aggarwal.

COMPANIES & MARKETS

05/24/2013



Temporary management at KazTransGas-Tbilisi extended to June 1 2014

Georgia's National Energy Regulatory Commission has extended to June 1 2014 the authority of temporary special management at gas distribution company KazTransGas-Tbilisi (former Tbilgaz), the regulator reported.

Address to the Nikkei Forum, Tokyo

05/24/2013

May 24, 2013

New Zealand Government -- Mr Chairman, ladies and gentlemen,

I thank the Nikkei Forum for their invitation - it is great to be part of such a wide-ranging discussion on the future of Asia. And it is a special pleasure to be back in Japan at this particular time.

Innergex Closes Northwest Stave River Hydroelectric Project Financing

05/24/2013 $72M non-recourse project financing 40-year term, matching the duration of the project's power purchase agreement Fixed interest rate of 5.3%

LONGUEUIL, QC, May 23, 2013 /CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") has closed a $72 million non-recourse construction and term project financing for the Northwest Stave River run-of-river hydroelectric project located in British Columbia, Canada.

"We are very satisfied with the terms of this financing agreement, which provides for fixed-rate debt at a very attractive rate, with a term corresponding to the duration of the power purchase agreement for this project" states Michel Letellier, President and Chief Executive Officer of the Corporation. "This agreement confirms the Corporation's ability to secure appropriate project financing, and serves as a reminder of its sound business model based on developing high-quality assets that generate stable and predictable cash flows over the long term and minimizing risks, in order to create value for its shareholders", adds Mr. Letellier.

REP. THORNBERRY SAYS, 'NO MORE EXCUSES' WHEN IT COMES TO DOMESTIC ENERGY

05/24/2013

WASHINGTON, May 23 -- Rep. Mac Thornberry issued the following press release:

This week, U.S. Congressman Mac Thornberry (R-Clarendon) introduced the latest version of his bill to promote domestic energy production. H.R. 2081, the "No More Excuses Energy Act of 2013," would encourage the production of all forms of domestic energy including oil and gas, nuclear, and alternative energy and fuels.

"Congress needs to reduce the amount of regulation coming out of Washington and encourage all forms of energy production here at home," said Thornberry. "We need national energy policies that create jobs and grow the economy; basically, we should be trying to replicate what Texas has been doing the past 15 years. This bill is meant to do just that - help to lower energy prices and create jobs by getting government out of the way of producers."

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