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Tuesday, 04 May 2021
Siemens Energy will supply a synchronous condenser system to the Irish company Electricity Supply Board (ESB) to be developed at the Moneypoint power station located in South-West Ireland in support of increased renewable energy deployment over the next decade. A synchronous condenser. Courtesy of Siemens Energy.
ESB recently announced the launch of Green Atlantic @ Moneypoint, an ambitious plan to transform the County Clare site into a green energy hub, where a range of renewable technologies will be deployed over the next decade with the capacity to power 1.6 million homes.
The synchronous condenser, a key component of ESB’s Green Atlantic @ Moneypoint project, will be the first in the country and incorporate the world’s largest flywheel used for grid stability. The facility will enable an increased integration of wind power into the Irish grid by providing sufficient inertia for frequency support, short-circuit power for system strength and reactive
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A PGIM, CIC and NTUC joint venture has just completed an upgrade of Singapore’s Nex mall
Two separate deals announced on Tuesday highlight the rising popularity of green loans in Singapore’s property market as developers and asset owners leverage financing opportunities to create more efficient facilities.
Gold Ridge, the owner and developer of NEX shopping mall, said it secured a S$900 million ($669.3 million) green loan for refinancing the retail destination in northeastern Singapore. Warehouse specialist Logos, meanwhile, obtained a S$48 million green loan for its Food21 production and logistics facility on the western end of the island.
Andrew Macpherson, Head of Asset Development, APAC, JLL
Michael Cole, Founder, Mingtiandi
The second panel of the Asia Value-Add Forum focuses on successful strategies for creating returns in Hong Kong, Singapore and other core cities around Asia, where new development opportunities have become increasingly limited. The participants in the session, which is sponsored by Yardi, will be sharing case studies from their own experience and sharing their priorities for creating value post-pandemic.
Date: Monday 12 April 2021
Time: 10:00 AM – 11:00 AM HKT
Speakers
ARA Private Funds (APAC Real Estate)
JLL
Live Q&A with Panelists
Immediately following the panel discussion, Mingtiandi’s team will moderate a live question and answer session in which attendees can quiz the speakers on their market outlooks and get direct insights from some of the region’s top names.