Asian Spectator

.
Business Advice

.

ECOVACS Reimagines the Future of Home Cleaning with the launch of an Extensive Range of Innovative Products Designed for City Dwellers

ECOVACS unveils two new robotic vacuums - the DEEBOT T30 PRO OMNIand DEEBOT X2 COMBO - specially designed to tackle cleaning challenges faced by city dwellers First 100 customers to purcha...

Additional Benefits Available at Two BOTEJYU Group Stores at K...

OSAKA, Japan, Dec. 16, 2022 /Kyodo JBN-AsiaNet/ -- - Service Starts December 1, Restaurant Discounts Offered for "Priority Pass," "LoungeKey" and "Diners Club" Users -The Osaka-based BOTEJYU...

Horses really can fly, even if they're not called Pegasus

TOKYO, July 15, 2021 /PRNewswire-AsiaNet/ -- Can horses fly? Well yes, they can if they're Olympic athletes!And in a piece of history-making, 36 of them flew into Japan last night – th...

Embark on a Divine Epicurean Odyssey: Seafood Loves Sake. 2024 Returns for its 4th Unforgettable Gourmet Affair

A Gastronomic Symphony Orchestrated by JFOODO in Joint with 16 Handpicked Restaurants in Singapore, Unveiling an Unparalleled Wine and Culinary ExtravaganzaSINGAPORE - Media OutReach Ne...

Hengtong Attends the 4th Vietnam Onshore and Offshore Wind Summit

SUZHOU, China, Dec. 15, 2021 /PRNewswire-AsiaNet/ -- From 8th to 9th December, the 4th Vietnam Onshore and Offshore Wind Summit was held in the Intercontinental Hanoi Landmark 72 Exhibition ...

Cuentas and WaveMax Sign an Exclusive and Definitive JV Agreement for 1,000 Locations to Offer Advertising on WiFi6 Next Generation Patented Technology in Cuentas' Bodegas Network throughout the USA

MIAMI, FL / ACCESSWIRE, Jul 23, 2021 - (ACN Newswire) - Cuentas, Inc. (NASDAQ: CUEN & CUENW)('Cuentas'), a leading FinTech provider (Top 4 Fintech) of mobile banking, digital wallet and...

Campari Brings Red Passion to Life in New Inspirational Digita...

MILAN, Oct. 6, 2020 /PRNewswire-AsiaNet / -- The new concept, inviting us to follow our passions, is brought to life by Campari in a series of films featuring pioneering artists from across ...

Innodisk is Presenting the AIoT Solutions at Embedded World 2023

TAIPEI, March 8, 2023 /PRNewswire-AsiaNet/ -- Moving towards the post-pandemic recovery, Innodisk has proactively expanded its overseas markets. To demonstrate its commitment to AIoT strateg...

Australian Utility Endeavour Energy chooses Cognizant for thei...

TEANECK, New Jersey, June 6, 2018 /PRNewswire-AsiaNet/ -- -- New SAP(R)-based Platform Will Enable Greater Business Insight, Agility and Automation Cognizant (Nasdaq: CTSH) today announced t...

Greenbriar Executes Cooperation Agreement with China Machinery Engineering Corporation to Build the Large Montalva Solar Facility

Greenbriar Executes Cooperation Agreement with China Machinery Engineering Corporation to Build the Large Montalva Solar Facility

Coquitlam, British Columbia, Apr 7, 2020 - (ACN Newswire) - Greenbriar Capital Corp (TSXV: GRB) (OTC: GEBRF) ("Greenbriar") is pleased to announce that it has signed a fully executed Cooperation Agreement with China Machinery Engineering Corporation ("CMEC") of Beijing, China to be the Engineering, Procurement and Construction ("EPC") company to design, build, equip and construct the 80MW to 160 MW AC Montalva Solar project in Puerto Rico.

Greenbriar Executes Cooperation Agreement with China Machinery Engineering Corporation to Build the Large Montalva Solar Facility

Greenbriar Capital Corp

Greenbriar Executes Cooperation Agreement with China Machinery Engineering Corporation to Build the Large Montalva Solar Facility

China Machinery Engineering Corporation

After two massive hurricanes in 2017 and a crushing 6.4 magnitude earthquake on January 6, 2020 which destroyed the 990 MW Costa Sur power plant, Puerto Rico is acutely short of long term stable power generation. Finally, the value of our solar project has been recognized as a major solution to the long term energy needs of the Island, offering green, reliable, affordable and safe energy that further offers energy independence to the rate payers of Puerto Rico. A congressional report in 2017 discovered that the local utility over-paid $18 Billion of crude oil purchases from 2003 to 2017. The Montalva project offers an exit from this dangerous cycle of expensive and toxic generation of electricity from burning expensive imported crude oil.

China Machinery Engineering Corporation (CMEC) is a leading world class and premier construction and engineering company, forming one part of the USD $40 Billion dollar China National Machinery Industry Corporation (Sinomach) group of companies.

The specialization of CMEC is the construction of power projects in generation, transmission, and distribution and with its parent company is considered the 3rd largest in the world.

The company is also present in Turkey with representative offices in Istanbul and Ankara. CMEC has operated in Turkey since the mid-1980s and operations in the country accounted for a total value of projects in Turkey amounting to USD $3 Billion dollars.

Moving into investment, the CMEC announced in 2013 the creation of an investment fund, based on its own equity capital and lines of credit from Chinese financial institutions.

CMEC signed a deal with Argentina in 2010 to rehabilitate the Belgrano Cargas freight network, part a series of railways that cross the central and northern parts of the country. In 2013, financing was announced for the project with a loan of USD $2.47 billion dollars from China Development Bank to finance the bulk of costs. A second deal was signed in September 2015, doubling the original investment to USD $4.8 Billion dollars.

CMEC also built and partially owns two power plants in Nigeria, the Omotosho Power Plants in Ondo State.

In January 2016, the company signed EUR 150 million euro deal with the Bosnian city, Tomislavgrad, to build a wind farm. The project was finished in 2017.

Jeff Ciachurski, CEO of Greenbriar states "CMEC has the industrial might and horsepower to build this complex solar project for the citizens of Puerto Rico that encompasses a very large DC/AC ratio and significant battery storage systems that account for up to 45% of the rated capacity, providing power long after the sun goes down. We are honoured to be working with the dedicated and professional staff at CMEC."

About Greenbriar Capital Corp:

Greenbriar is a leading developer of renewable energy and sustainable real estate. With long-term, high impact, contracted sales agreements in key project locations and led by a successful, industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value. Greenbriar and its financial and legal advisors have closed over $180 Billion in renewable projects since 2003.

ON BEHALF OF THE BOARD OF DIRECTORS"Jeff Ciachurski"Jeffrey J. CiachurskiChief Executive Officer and Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54190

Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

Authors: ACN Newswire - Press Releases

Read more //?#

Magazine

Dampak penyebaran teror: bagaimana ketakutan mengubah pikiran kita

Anas-Mohammed/ShutterstockPada Mei 1097, tentara salib melemparkan kepala-kepala tahanan yang dipenggal ke atas tembok Nicaea, Turki. Tujuan dari aksi ini adalah untuk meneror para pembela dan menaklu...

Apakah memiliki anak membuatmu lebih bahagia? Ini kata penelitian

The happiness and fulfilment you feel with the decision will depend on many different factors.CeltStudio/ ShutterstockKepercayaan yang berkembang di berbagai belahan dunia adalah bahwa memiliki anak a...

Cek Fakta: Prabowo mengklaim rasio pajak Indonesia di bawah negara tetangga. Benarkah?

Ekie E Sularso/Shutterstock‘Tax ratio’ kita banyak bisa di-‘improve’ sekarang 10% dan tetangga kita di 16%, Thailand Malaysia 16%, Vietnam-Kamboja sekitar 16%, 17%, 18%.–...



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion