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  • Others
14 October 2019

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  • Thailand

PTT has teamed up with EWF, a blockchain technology expert in the energy sector, to develop a sustainable energy blockchain system as part of efforts to diversify the country’s energy sources. The system will create renewable energy certificates (REC) kept on the system for verification of clean energy providers.

Energy Sources Must Be Verified

Energy diversification in crucial in the country where as many as 45% of all energy consumers use power generated from natural gas. The blockchain system, jointly developed by PTT and EWF, will securely store the certificates to verify energy sources such as solar and wind. These sources must also comply with global standards for environmental safety.

After energy with an REC enters the grid, it will be sold in the open market, making the Thai energy sector more sustainable and ensuring sufficient green energy supply for the country.

Certificates on Blockchain Platform

Before having their digital identifiers recorded on the blockchain system, all renewable energy providers are required to link with the EWF Web Chain so the company can analyze their capabilities before issuing them a REC.

Containing attributes such as megawatt of energy, REC certificates will be available on EWF’s blockchain-based market for sale.

Green Energy Country

PTT hopes its collaboration with EWF will address national energy problems as the blockchain marketplace platform will help promote clean and renewable energy. Furthermore, the platform will help create a more diversified energy source portfolio for Thailand and serve as an example to other economies.

Thailand is planning to develop a sustainable green energy grid in a bid to become a regional leader in clean power.

Source: businessblockchainhq.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

  • Others
14 October 2019

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  • Singapore

More large firms like CapitaLand and Lendlease are offering green leases to tenants.

Majority of the gross floor area (GFA) stock in Singapore will be ‘green’ by 2030—that is, they will adapt energy and water efficiency methods integrated with green spaces and will be constructed using eco-friendly materials, real estate company CBRE reported.

As of April, 40% of the island’s GFA stock is certified green, according to data from the Building and Construction Authority (BCA). This number is expected to rise to 80% in the next eleven years.

The National Research Foundation also recently added another $20m to the initial $52m injected into the BCA’s Green Buildings Innovation Cluster (GBIC) programme in September.

CBRE observed that more large companies are opting to locate their operations in office and retail spaces within green buildings. Reports also said that more large corporations are pledging to achieve green building certifications for their owned and leased premises, including some financial institutions and consumer goods firms, the firm added.

Developers are also joining in the sustainability push by rolling out green leases where both landlords and tenants adopt eco-friendly practices. Under this type of lease, landlords share energy consumption data with tenants, with the aim of achieving a lower energy consumption rate collectively. Currently, CapitaLand and Lendlease offer these terms to some of their tenants in Bedok Mall, Bugis+, JCube, Junction 8, Westgate, 313@Somerset, Parkway Parade, and Jem.

“Whilst green leases are not prevalent in 2019, we expect such leases to be more common by 2030. BCA has been encouraging building owners to develop green leases as these leases contribute points to the scoring system in obtaining green mark certification. This could point to an emerging trend where tenants are more willing to participate in the green building movement,” noted CBRE.

Lower energy consumption also translates to overall cost savings, making the green movement ideal for both landlords and tenants alike. Aligned with the state’s push for buildings to achieve a minimum of 60% energy efficiency improvement over the 2005 building codes, this will result in the prevalence of super low energy (SLE) buildings by 2030, the report said.

Additionally, the average energy use intensity (EUI) is expected to remain below 100 kWh per sqm a year. “The continuous efforts in improving energy usage in Singapore is reflected by the declining EUI in Singapore office buildings, which has improved since 2012. The reduced EUI is an encouraging indicator; as despite the increase in office supply over the years, average EUI has declined. On a yearly basis, the average EUI declined by 4.3% to 221 kWh per sqm per year,” CBRE reported.

  • Energy Economy
14 October 2019

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  • Malaysia

KUALA LUMPUR, Oct 14 — Malaysian banks are expected to issue green bonds and sukuk to spur the growth of the renewable energy sector, said RAM Sustainability chief executive officer Promod Dass said.

A statement from RAM Sustainability today quoted him as saying at a recent conference that the sound credit profiles of Malaysian banks and their ability to utilise issuance proceeds to fund green projects made them ideal candidates as issuers of green bonds and sukuk.

“Issuing green bonds and sukuk is a tangible means for banks to signal to their stakeholders and the capital markets their response to climate change and their commitment to responsible finance,” he said during a panel session at the 10th International Greentech and Eco Products Exhibition and Conference Malaysia last Friday.

In line with the thrust towards achieving Malaysia’s targeted renewable energy mix of 20 per cent by 2025, the government announced during the 2020 Budget tabling last week that the Green Investment Tax Allowance and Green Income Tax Exemption incentives would be extended to 2023.

“The issuance proceeds from bank green bonds can be utilised to fund creditworthy and eligible green projects which, on their own, may be too small to tap the capital markets directly. This will further catalyse the development of Malaysia’s renewable energy sector,” Dass said.

He added that bank green bonds and sukuk could also be in a sweet spot for institutional investors that adhered to responsible investing principles and were beginning to seek out green assets for their portfolios.

“Based on Climate Bonds Initiative’s Green Bonds Market Summary (April 2019), the issuance of green bonds by financial institutions and development banks accounted for 20 per cent of developed markets’ overall green bond issuance during the first quarter of 2019,” he said.

RAM Sustainability, a wholly-owned subsidiary of RAM Holdings Bhd, is the first ASEAN-based provider of sustainability ratings and second opinions.

  • Bioenergy
14 October 2019

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  • Malaysia

THE government plans to increase the demand for palm oil as much as 500,000 tonnes per year, which would lead to the implementation of biodiesel B20 (a blend of 20% palm oil and 80% fossil fuel) at the end of 2020.

Association of Water and Energy Research Malaysia president S Piarapakaran said the use of biodiesel needs to be looked at holistically.

“The government needs to ensure that food and fuel crisis do not arise. Increasing palm oil usage into non-edible and lucrative sectors like fuel will boost crude palm oil demand, but we need to learn from Brazil on this aspect, like ethanol from sugar cane,” he told The Malaysian Reserve (TMR).

He added that on increasing biodiesel blend percentage into diesel, the government must ensure that it does not affect vehicle engine warranties.

“Warranty comes with a specific set of fuel quality and type, there should be a detailed policy set on this issue.

“How does the government intend to control a possible hike in crude palm oil price and its impact to edible products which link to costs of living?” he said. Piarapakaran added that saving the palm oil sector’s profit percentage should not be at the expense of living costs.

“This is what it means by food or fuel crisis,” he said.

In Budget 2020, the government has allocated RM27 million to support the efforts of the Malaysian Palm Oil Board in expanding the international palm oil market and addressing the anti-palm oil campaign by the European Union and the US.

It has also launched a loan fund for oil palm replanting worth RM550 million for smallholders without collateral at a 2% interest rate per year.

The loan term is 12 years, including a four-year moratorium on repayment.

The replanting will be carried out using the latest techniques and in compliance with the Malaysian Sustainable Palm Oil standards to ensure better productivity and marketability.

Meanwhile, the Agriculture and Agro-based Industry Ministry (MoA) has received an allocation of RM4.9 billion, where RM3.5 billion is for operations and RM1.4 billion for development.

According to the MoA, the allocation increased by 10.9% from last year, with focus points will include allowance and schemes for farmers and fishermen, as well as modernisation to increase their productivity.

Badan Bertindak Selamatkan Industri Padi Beras (Padi Rescue) secretary and coordinator Nurfitri Amir Muhammad said while the increase in allocation is a normal annual occurrence, the real issue remains.

“Some of the issues that we face (at Padi Rescue) include the late arrival of fertilisers and the seeds cannot be found easily in the market, especially subsidised seeds.

“There are some presumptions that were made such as the distributors’ trick to increase their prices and sell these materials in the black market, forcing farmers to buy anyway since it’s already the planting season, but at a higher price,” he told TMR.

He added that Padi Rescue is grateful for the move to increase workers’ allowance as it was cut in Budget 2019.

“Previously, the people involved in agriculture works made noise about this, and we are glad that Finance Minister Lim Guan Eng noticed,” he said.

Under the paddy sector, RM855 million has been allocated including for “Skim Baja Padi Kerajaan Persekutuan” and “Skim Insentif Pengeluaran Padi”, the continuation of paddy subsidy and RM30 million to produce pulut paddy in Langkawi, Kedah.

In addition, RM152 million has been allocated for fishermen, including the raise of fishermen living cost allowance from RM200 to RM250.

Some RM43 million was allocated for the development of better plant variants for the Farming Industry 4.0, while RM150 million has been channelled to encourage plant integration programmes for chilli, pineapple, coconut, watermelon and bamboo.

MoA said the allocations for 2020 showed that the nation’s agrofood sector is receiving more attention from the government and will be developed further to ensure food supply.

“In line with the 2030 Shared Prosperity Vision, the 2020 budget for MoA should help increase the income of farmers, livestock and fishermen.

“It also serves as a catalyst for the 12th Malaysia Plan and Policy National Agenda 2.0,” the ministry said.

  • Energy Cooperation
14 October 2019

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  • Malaysia

Chinese photovoltaic (PV) module producer Risen Energy has secured a contract to supply its solar PV modules for a power station in Malaysia.

Risen has agreed to deliver 150MW of solar PV modules for the floating power station. The company will deliver Jaeger 144 modules, which have an output power of up to 395W each.

The agreement signing ceremony was attended by Malaysia’s Minister of Energy, Science, Technology, Environment and Climate Change Yb Yeo Bee Yin.

Risen Energy president Xie Jian said: “Malaysia is one of our key emerging markets as it boasts abundant light resources and policies favourable to the industry. We are excited to be a part of the project in Malaysia.

“To ensure the smooth operation of the power station, once completed, we will equip the facility with our Jaeger modules, which have proven better performance in resistance to light-induced degradation (LID) and light and elevated temperature-induced degradation (LeTID).

“Our optimised Jaeger modules can minimise hotspots and the impacts from shade effect on their performance in power generation. With a lower total cost of ownership and labour expense, our modules will bring the project owner a lower levelised cost of electricity (LCOE) and higher income from power generation.”

The Chinese firm noted that the solar PV module contract is the biggest secured in Malaysia. Beginning this month, the Chinese firm will deliver the modules in batches and intends to complete it by June 2020.

This is not the first deal that Risen Energy has completed outside of China in 2019. In February it secured a 323MW supply contract from Ukranian company DTEK Renewables.

  • Energy-Climate & Environment
14 October 2019

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  • Philippines

(UPDATED) Following the recent United Nations climate summit in New York, experts reminded world leaders of the urgency to phase out coal power generation and other emissions-generating activities.

According to global think-tank Climate Analytics, the Philippines is not doing enough to adhere to the Paris Agreement, a 2015 climate pact signed by nations to address climate change by curbing carbon emissions and other harmful activities.

Kristine Sabillo@kristinesabillo

HAPPENING NOW: Climate Analytics discussion in how countries can improve climate pledges to reach the goal of curbing global heating to 1.5 degrees Celsius @ABSCBNNews

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“We find that Philippines has a long way to go to halt emissions growth and get into a Paris Agreement compatible pathway,” climate policy analyst Paola Parra told ABS-CBN News through an online correspondence two days after the UN Climate Action Summit last Sept. 23.

“A clear example is the electricity sector, where there are plans to continue increasing substantially the role of coal, locking-in the country into a carbon intensive pathway for decades,” wrote Parra, who is the Decarbonisation Strategies Team Lead for Climate Analytics, a global non-profit climate science and policy institute that has done extensive research and reports on the effectiveness of national climate policies.

In a forum during the Climate Week in New York, Parra led a Climate Analytics discussion on what countries can do to hit targets such as phasing out coal.

Parra said carbon emissions should peak at 2020 if the world wants to limit global heating by 1.5 degrees Celsius. At this level, the occurrence of severe heatwaves and droughts can be reduced.

Parra said the world should have also reached net zero by 2070 when it comes to emissions. This means that either countries have eliminated carbon emissions or emissions have been balanced by offsetting it with carbon-removal methods such as tree planting. However, she said countries should reach carbon dioxide net neutrality at a much earlier date.

Kristine Sabillo@kristinesabillo

Climate Analytics’ Paola Parra says carbon emissions should peak at 2020. “We could hit 1.5 warming as early as 2035. Almost right around the corner.” She says we need to reduce rapidly and reach net zero emissions around 2070 but that CO2 emissions should reach net zero earlier.

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LESS AMBITIOUS

Currently, Climate Analytics classifies the Philippines, based on its Intended Nationally Determined Contributions (INDC) document submitted in 2015, as compatible with the two degrees Celsius goal, which is considered still too high to be consistent with the Paris Agreement.

The INDC states the Philippines’ pledge to reduce emissions by 70 percent below business as usual (BAU) levels by 2030. However, this is a conditional target that is reliant on matching financial support from developed countries.

“We assess both current targets and projected emissions levels for the Philippines and find that there is a lot of uncertainty around the way that the Philippines defined its NDC (nationally determined contributions) target, and very little transparency around the underlying BAU scenario behind it, as well as the contribution of different sectors to the achievement of the NDC,” Parra told ABS-CBN News.

“In addition, the draft document from the Climate Change Commission shows a seemingly less ambitious target, which goes completely against the spirit of the Paris Agreement ambitious cycle,” she said.

However, the Climate Change Commission (CCC), through a letter, told ABS-CBN that the commitment is “within the range of what is considered to be a fair share of global effort.”

The CCC also assured that “upon the ratification to the Paris Agreement, the administration made it clear that the Philippines will re-submit its NDC, making the INDC [its] unofficial submission.”

While several nations increased their climate pledges last month – from extensive use of renewable energy to the ban of coal plants, the Philippines, which used to play a more high-profile role among climate-vulnerable countries, did not give any statement and did not send a high-level delegation to the UN Climate Action Summit.

As the Philippines has yet to re-submit its NDC, global think-tank Climate Analytics expressed concern over the country’s energy policy.

DIRTY ENERGY

Parra and Climate Analytics estimate that the “massive expansion of coal-fired power plants” in the Philippines would mean that coal power generation in the country will only “peak” by 2035 and phased out by 2062.

“This far exceeds the phase-out date derived from regional benchmarks for Paris Agreement compatible scenarios, which sees coal-fired power being phased out in the ASEAN region at the latest by 2040,” Parra said.

Coal is the biggest contributor to human-made climate change as its continued combustion releases carbon dioxide in an increasingly warmer atmosphere.

A report released last August of research group Fitch Solutions says the Philippines’ energy industry expansions will continue to be driven by coal.

Source: Fitch Solutions

The report said that while renewable energy will increase, coal remains dominant and will represent 59 percent of the country’s power mix by 2028 based on Fitch Solutions’ forecast.

It also cited the government’s approval of several coal plant projects such as the supercritical “clean” coal-fired power plants in Bataan and Atimonan, Quezon. These power plants are considered more efficient but not necessarily emission-free.

While the Philippines is not a high-emitter country, for the Paris Agreement plan to work, all countries need to contribute.

Parra said the Philippines’ continued plans to tap coal “stands in stark contrast with the sense of urgency that one would expect considering that the Philippines is one of the most vulnerable countries to climate change impacts in the world.”

It also goes against the trend as planned projects for coal shrunk by 75 percent globally in the last five years, according to Parra.

A May 2019 report of Climate Analytics on the Southeast Asian region states that while renewable energy share is decreasing in the Philippines (from 26 percent in 2000 to 15 percent in 2015).

In its letter, the Climate Change Commission acknowledged the effects of climate change on human populations and ecosystems.

“Severe flooding and more intense typhoons, for example, become the new normal. Extreme temperatures are also manifestations of climate change, increasing the number of cold days in cold areas, such as in the United States, or the number of very warm days, such as in the tropics like the Philippines,” it said.

It cited the Paris Agreement and how nations agreed to limit greenhouse gas emissions but at the same time recognizing “the need for the developing countries to reach the maximum potential of economic development.”

“As stated under Article 4 of the [Paris] Agreement, ‘peaking [of greenhouse gas emissions] will take longer for developing country parties’ like the Philippines,” CCC said.

“The right of developing countries to development space must be respected. Given the means, the country is more than ready to transition to low-carbon and sustainable development,” the agency said. “But addressing the impacts of climate change requires our undivided attention. Therefore, the Philippines put forth adaptation as the core of our long-term development strategies and has promoted national climate policies to avert losses and build our resilience.”

The agency said greater and more ambitious efforts to reduce emissions will come from developed nations “given their means and historical responsibility to the accumulation of [greenhouse gases] in the atmosphere.”

It also pointed out that the current greenhouse gases footprint of the Philippines is at 0.3 percent – “small compared to the contribution of industrial countries of the world, but our geographical location makes us one of the most vulnerable countries.”

Meanwhile, Red Constantino, executive director of the Institute for Climate and Sustainable Cities, said they cannot comment on the numbers until the government officially submits its new NDC.

“Government is in serious debates and this is welcome. The agencies need space to duke things out as we have always insisted the NDC is the country’s new industrial investment strategy,” he told ABS-CBN News.

Constantino said there is no reason to reduce the Philippines’ conditional target as “in effect, we would be reducing what those historically responsible are obliged to provide.”

“Instead, we must increase the conditional target, even as we offer a separate unconditional one, to show what we are already doing and to shame big emitters into cutting emissions far more and far earlier,” he said.

ABS-CBN News reached out to the Department of Energy for comments but it has yet to receive its reply, as of this updated posting.

It is unclear when the Philippine government will be submitting its updated NDC but all countries are expected to submit more ambitious goals by 2020.

Kristine Sabillo@kristinesabillo

Climate Analytics shows a similar chart (this is from https://climateactiontracker.org/countries/ ) that categorizes countries based on how sufficient their commitments are. The Philippines are under 2 degrees Celsius compatible category. This is not enough because the goal now is 1.5 C. @ABSCBNNews

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LIMITATIONS

Climate Analytics said the global outlook is not positive as well with only a few countries making ambitious pledges.

Parra said the world is still far from reaching peak coal emissions, which should ideally be done by 2020.

At least 67 countries have pledged to enhance their climate commitments by 2020 at the historic UN Climate Action Summit in New York last month, which saw Pope Francis and Swedish activist Greta Thunberg criticize the world for insufficient climate action.

However, many of these are developing countries and in total, the 67 only represent eight percent of global emissions. In addition to these, 14 countries – many from Europe, representing 10.1 percent of emissions, promised to update their commitments next year.

Greenpeace Southeast Asia’s executive director Yeb Sano described the promises of world leaders at the summit as “weak” or “empty.”

He called it a betrayal of the young people who led climate strikes all over the world and “against the people at the frontlines who experience the most severe impacts of climate change.”

Agreeing with Thunberg, Sano said the main takeaway at the high-profile event is that “the people cannot forgive the complicity of governments for failing to take action and for continuing to disappoint.”

Climate Analytics senior policy analyst Claire Stockwell said the current level of commitment around the world is “insufficient.”

Parra said it is a product of the very nature of the Paris Agreement, which takes on a bottom-up approach.

It meant that it was possible to gather everyone and make them offer whatever they can deliver.

“The price of that is nobody knew how many countries will commit,” Parra said. “You are waiting to see what was happening.”

Parra pointed out that nations will need to step up and at the same time adapt appropriate plans that will allow them to reach global climate targets.

For Southeast Asia, Climate Analytics projects a need to reach zero emissions by 2050 through a long-term plan to use 100 percent renewable energy power generation and other measures.

“Even if we stop building coal power plants today, it’s still not enough to retire power plants earlier,” Parra warned.

“What we need is transformational change,” Stockwell said, adding that the next year or so leading to the 2020 climate negotiations will be crucial for governments to figure out how to drastically restructure their industries to meet climate targets.

  • Renewables
14 October 2019

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  • Philippines

FOREIGN companies can now fully own and operate biomass power plants in the Philippines under a recently signed policy from the Department of Energy (DoE).

The DoE’s newly-released omnibus guidelines for the award and administration of renewable energy (RE) contracts is intended for fast-tracking the development of RE sources such as solar, wind, hydro, biomass, geothermal and ocean energy, including hybrid systems. It also eliminates hindrances in harnessing RE sources such as application and permitting processes.

One of the salient features of the omnibus guidelines include fast-tracking the application process and making the implementation of RE projects more rigid.

The RE applicant must be a Filipino or, if a corporation, must be a Filipino corporation with at least 60 percent of its capital owned by Filipinos and duly registered with the Securities and Exchange Commission (SEC), except for biomass and waste-to-energy technology.

In particular, the circular allows 100-percent foreign ownership in biomass plants — foreign firms no longer need to tap a Filipino partner to construct such facilities.

“The reason is it was opined that biomass is not actually a natural resource. You’re not [supposed] to explore. There’s no exploration stage,” said Marissa Cerezo, assistant director of the DoE’s Renewable Energy Management Bureau.

Developers themselves made that clarification, specifically for waste-to-energy technology that does not involve exploration of natural resources, according to National Renewable Energy Board Chairman Monalisa Dimalanta.

“I think that’s an indication that it will also unlock more interest or will realize more interest in the sector because they were the ones… the request came from that sector itself,” Dimalanta said.

“We don’t have the local technology on biomass yet, so with this policy opening up to foreign companies, we believe that a lot more foreign companies will engage into biomass development or waste-to-energy development,” Cerezo said.

Lack of feedstock, usually one of the challenges faced by those venturing into renewables, will be addressed through the policy.

“For the feedstock, we also have models for them to address it like making the feedstock supplier as part-owner of the power plants,” Energy Undersecretary Felix William Fuentebella told reporters last Tuesday.

Aside from that, the guidelines also convert the contract from pre-development to development stage.

Instead, the Energy department will monitor the firms’ compliance with their work program and technical requirements.

Another selling point of the circular is the department will do away with the blocking system of subdividing the Philippine territory into blocks of 30 seconds of latitude and 30 seconds of longitude. One RE block is equivalent to an area of 81 hectares with a designated block number in identifying the coverage of a contract area.

“What does that mean? For as long as you get a possessory right on top of a rooftop or in a water area or in a hydro facility, you have the possessory right, build it. You don’t have to own it. If you have a lease agreement for 25 years, then you can build it already,” Fuentebella explained.

  • Coal
14 October 2019

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  • Philippines

A Filipinio energy company is reportedly switching on its new 500-MW coal-fired power station Tuesday, according to reports.

The San Buenaventura Power Plant will be the first supercritical generation plant in the Philippines. The plant is located in Mauban, Quezon, and will supply power to the Luzon grid.

It is owned by SAN Buenaventura Power Ltd (SBPL), a partnership between Meralco PowerGen Corp. and New Growth BV. Meralco is the largest electric distribution company in the Philippines, while New Growth BV is a subsidiary of Thailand-based Electricity Generating Public Co.

The San Buenaventura plant’s owners say it will have state-of-the-art emissions control technology, an electrostatic precipitator for fly-ash capture and removal, and a sea water desulfurizer to further reduce potential air pollution.

Plant personnel will be housed on site with expansion of the Quezon Power Village. The turbine deck also will be covered to protect them from sun, wind and rain.

Coal supply, storage and delivery capabilities will all be on-site, according to the company.

“With these in place, the plant will be the one of the most advanced and efficient plants in the country upon its completion,” according to the SBPL website. “It will provide reliable electricity to the consumers in Luzon at very affordable prices.”

Work began on the San Buenaventura coal-fired plant in late 2025. Daelim Industrial handled engineering, procurement and construction oversight, while Mitsbubishi Hitachi Power Systems supplied the boiler, team turbine and generator for the facility.

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