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Project Brief

April 13, 2018


Abstract : Project Brief

China's green energy company starts construction of biggest solar plant in Egypt -- Egypt and China's clean energy company TBEA Sunoasis started on April 10 the construction of four solar power stations at the Benban Solar Energy Park in Egypt's southern province of Aswan. The stations, with an output of 186 megawatts, are part of the giant Benban Solar Plant which is expected to be completed by mid-2019. The Benban Solar Plant, after its completion, aims to generate up to 2 gigawatts of utility-scale solar capacity through a total of 40 projects. The solar plant, which occupies an area of 37 square km, will help Egypt increase its use of renewable energy to 22 percent of all domestic energy use by 2020. The project is estimated to help reduce global greenhouse gas emission through cutting more than half million tons of carbon dioxide annually.

Chinese nuclear power giant builds solar plant in Malaysia -- China General Nuclear Power Group (CGN) has started building its first solar plant in Malaysia. Construction of the 50,000-kw plant in Kedah state started in late March, He Yu, chairman of the CGN board, said on April 10. The project is expected to be in operation by March 2019. As one of China's state nuclear power giants, CGN has significant investment in clean energy. In 2015, the group signed an equity purchase agreement with Malaysian energy company Edra Global Energy Bhd, leading CGN to become the biggest foreign direct investor in Malaysia. CGN has overseas new energy plants with a total installed capacity of over 10 million kw.

FDG builds 400,000-vehicle NEV plant in SW China -- FDG Electric Vehicles Ltd. on April 11 started construction on a new energy vehicle (NEV) and lithium battery plant in southwest China's Sichuan Province. With an investment of 16 billion yuan (2.5 billion U.S. dollars), the plant in the city of Jianyang has a designed annual capacity of 400,000 vehicles and 4 gigawatt-hour of batteries, the company said. The plant will be built in two phases, it said. Covering an area of 87 hectares, the first phase of the project involves an investment of 4 billion yuan. It has an annual capacity of 100,000 NEVs and 1 gigawatt-hour of batteries. Due to government subsidies, the domestic NEV industry has witnessed rapid growth in recent years, with 777,000 NEVs sold on the Chinese market last year, up 53.3 percent. The total production and sales of NEVs is expected to hit 5 million units by 2020. 

Vietnam to spend 5.5 bln USD building 3 urban rail routes in capital -- Vietnam's Hanoi authorities have proposed that the government instruct the early construction of three urban rail routes with total investment of 125,614 billion Vietnamese dong (over 5.5 billion U.S. dollars), Vietnam News Agency reported on April 10. The urban rail route No.2, which runs from Tran Hung Dao Street to Thuong Dinh Street, will go underground for nearly 6 km with a design speed of 80 km per hour, and be built from 2018 to 2024. The urban rail route No.5, which stretches from Van Cao Street to Hoa Lac area, will have a total length of 38.4 km with the speed of 90-120 km per hour, and become operational in 2025. The urban rail route No.3, which goes from Hanoi Railway Station to Hoang Mai district, will have a total length of 8.7 km, and be constructed in the 2018-2025 period. According to Hanoi's plan on developing transport till 2030 and with vision to 2050, the capital city will build a total of 10 urban rail routes with combined length of 417.8 km, including 75.5 km going underground, with total investment of nearly 40.1 billion U.S. dollars.

Chinese company signs deal to upgrade Ukraine's Black Sea port -- The Beijing-based China Harbor Engineering Company (CHEC) on April 7 signed an agreement to implement a dredging project at Ukraine's southern Black Sea port of Chornomorsk. The deal was inked at the Ukrainian Infrastructure Ministry by Lin Tao, the head of the representative office of the CHEC in Ukraine, and Maksym Shyrokov, the head of the Yuzhny port administration, which carried out the tender for the dredging project. The CHEC won the tender on March 14, beating four companies from Ukraine and Europe with a bid price of 404 million hryvnyas (about 15.6 million U.S. dollars). Chornomorsk, on the northwestern shore of the Black Sea, is one of the largest seaports in Ukraine, handling between 15 and 20 million tons of cargo annually. Under the dredging project, the Chinese company has to deepen the port's approach channel to 16 meters and deepen one of the port's operational areas to 15 meters, boosting the handling capacity of the port. The project is set to be completed by the end of the current year. The CHEC is already implementing a separate dredging project at the Black Sea port of Yuzhny in southern Ukraine.

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