Aquila Capital opens
Tokyo offce to target
German headquartered investment frm
Aquila Capital has opened an offce in Tokyo
to tap into Japan’s solar power market.
Aquila has been active in the country
for several years and started investing in
Japanese photovoltaic projects in 2014.
Yasuhiro Odajima has been appointed as
Investment Manager of Energy & Infrastructure
and is based at the Tokyo offce.
He joins Aquila Capital from Pictet Asset
Boris Beltermann, Head Energy &
Infrastructure APAC of Aquila Capital, said:
“Japan has been transforming its energy
system substantially for several years now and
it has put in place a stable legal framework
that provides attractive incentives for
renewable energy projects.
“Japan’s strong demand for electricity
and relatively high sunshine hours makes it
one of the most attractive solar markets in the
Roman Rosslenbroich, chief executive
and co-founder of Aquila Capital, added:
“Our strategy is to combine our deep industry
expertise with a network of local contacts to
source and manage attractive opportunities
for our investors.
“Yasuhiro has a considerable market
knowledge and an extensive network of
“We are delighted that he will monitor our
investments in Japan on-site out of the new
offce in Tokyo.”
Saudi Arabia is seeking tenders from 25
shortlisted companies to build 400 MW of
The Dumat Al Jandal windfarm is the frst
utility-scale wind project within the Kingdom’s
National Renewable Energy Programme,
which has a target to deliver 9. 5 GW of
renewables by 2023.
Saudi Arabia’s Ministry of Energy, Industry
and Mineral Resources has released a
Request for Proposals from 25 qualifed
bidders. The list includes GE, Siemens, Enel
Green Power, Masdar, KEPCO and Marubeni.
Energy Minister Khalid Al-Falih said: “We
are moving forward to diversify the Kingdom’s
energy mix and to build a more sustainable
and cleaner energy system that benefts
Saudi Arabia and its citizens.
He said the National Renewable Energy
Programme “will build economic resilience
and deliver real economic benefts by
creating more than 7000 jobs, increasing
Saudi Arabia’s non-oil GDP and nurturing a
clean tech startup industry”.
“It is a programme designed to boost
the domestic renewable value chain and
encourage foreign direct investment in the
Round one of the National Renewable
Energy Programme also involves a 300 MW
solar PV project in the Al Jouf region, for
which the winning bids will be announced in
The Dumat Al Jandal and Sakaka projects
are both 100 per cent private independent
power producer programmes, which will be
backed by 20- and 25-year power purchase
Italy’s Ansaldo Energia has won a long-term
service agreement for a 328 M W cogeneration
plant in Thailand.
The Glow Energy Phase 5 plant is located in
Map Ta Phut Industrial Park,200km southeast of
Bangkok, and as well an generating electricity
it is designed to produce 160 tonnes/hour
of steam to support local industries. It is
operated by Glow Energy, which is one of the
major private electricity generators in Thailand
and is majority owned by Engie.
The plant was commissioned in 2011
and consists of one Siemens SGT5-4000F gas
turbine coupled to an electrical generator,
heat recovery steam generator and steam
turbine/generator set. Ansaldo’s 15-year
service deal covers planned and unplanned
maintenance, replacement capital parts
and remote monitoring and diagnostics for
the gas turbine with inspection-only required
services on the generator.
Turboden, which specializes in Organic
Rankine Cycle (ORC) turbogenerators for
distributed power generation from renewable
sources and waste heat, has won an order in
The deal is with egg producer Güres, which
has an annual production of about 800 million
eggs. Turboden, which is headquartered
in Italy, will install a new ORC unit at the
company’s main production site in Manisa,
The Turboden 2. 3 MW ORC converts the
heat from the combustion of chicken litter
into electric power and hot water. While the
electricity will be sold to the grid at a feed-in
tariff specifc for bioenergy, the hot water will
be used in tailor-made dryers specifcally
designed by Güres to dry the chicken litter
before its combustion.
The feedstock – about 300 tonnes a day
– will be entirely sourced from Güres’ egg
The start-up of the plant is scheduled for
the third quarter of 2018.
Saudi Arabia hits next stage for 400 MW
Ansaldo clinches service deal for Thailand cogeneration plant
Turboden to supply onsite ORC plant in Turkey