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wiredInUSA - January 2013

wiredInUSA - January 2013

38

Shams 1, the 100MW concentrated

solar power plant in Abu Dhabi’s Western

Region, has won the Project of the Year

award from the Emirates Solar Industry

Association (ESIA). The Masdar project,

developed in collaboration by Abengoa

and Total, is the largest solar power plant in

the MENA region.

Locatied in Madinat Zayed, 120km south-

west of Abu Dhabi, the plant extends over

anareaof 2.5km²,withasolar fieldconsisting

of 258,048 parabolic mirrors.

“We are delighted that Shams 1 has

received such a prestigious award,” said

Yousif Al Ali, general manager of Shams

Power Company. “This demonstrates

the leading role that Masdar plays in the

region’s renewable energy sector and

a realization of the vision that our wise

leadership has for renewable energy in the

UAE.”

When it begins feeding power to the

Abu Dhabi grid in early 2013 the plant will

generate enough electricity to power

20,000 homes, andwill offset 175,000 tonnes

of C0

2

.

Solar Project

of the Year

39

ASIA / AFRICA NEWS

The Italian unit of Japan’s Toshiba

Corporation has won a $243 million

engineering, procurement and construction

contract for part of an undersea power

link between Italy and Montenegro.

The deal includes the supply to Italy’s

transmission operator, Terna, of high-

voltage and direct current (HVDC) power

conversion for 415km of 1,000MW

underseacablebetweenthetwocountries.

The new link to connect the Italian peninsula

with the Balkans is set to cost $909 million

and is expected to take four years to

complete. Montenegro is a mountainous

country with hydroelectric potential which

Italian investors are keen to exploit.

“Parts of Europe suffer energy shortages

and long-distance transmission systems

allow them to import electricity from

neighboring countries,” Toshiba said in

a statement, adding the project will

contribute to the integration of southeastern

Europe and European Union power grids.

Equipment construction will begin in

September 2013 for delivery in April 2015;

the conversion stations along the route are

expected to be on stream in September

2017.

Toshiba unit in cable

deal

INDEX

General Steel Holdings Inc, one of China's

leading non-state-owned producers

of steel products and aggregators of

domestic steel companies, has announced

that its Longmen Joint Venture has signed

a one-year supply agreement with Tianjin

Product and Energy Resources Development

Co Ltd (Tianwu), through which Tianwu

will provide Longmen JV with a minimum

of 3 million tonnes of iron ore.

"This agreement with Tianwu is another

example of our successful efforts to

enhance our raw materials procurement

capabilities by establishing relationships

with key suppliers," saidHenry Yu, chairman

and CEO of General Steel.

"The current pricing pressure facing the

construction steel market reinforces the

importance of access to high quality raw

materials and maximizing production

efficiency. The minimum quantities guaran-

teed under this agreement coupled with

the favorable purchasing terms will give

us the resources needed to utilize more

of our available production capacity.

This increased access to iron ore and the

recent efficiency improvements we have

made at Longmen JVwill allow us to better

meet thegrowingdemandforourproducts

in Western China."

Joint venture secures

supplies

On 29

th

November 2012, the Shanghai

Fastener Industry Association (SFIA) was

founded at a conference held in Huating

Hotel & Towers, Shanghai, China. Twenty-

six companies were elected executive

members of SFIA and Mr Xue Kangsheng,

general manager of Shanghai Nanshi

Screw Co Ltd, was elected to be

president. Mr Feng Jinyao, president of

China Fastener Industry Association, was

invited to be the honorary president.

Over 100 representatives of Shanghai

fastener

companies

and

about

200 guests from other regions’ fastener

industry associations participated in the

conference.

Shanghai Fastener

Industry Association