Latest news with #SEPCOIII
Arabian Business
3 days ago
- Business
- Arabian Business
UAE and China launch service centre to boost $400bn China–Arab trade
The UAE and China have unveiled the Qingdao Overseas Integrated Service Centre (QOISC) at the China-Arab Business Forum in Qingdao, marking a major step to deepen economic ties and accelerate the record $400bn trade between China and the Arab world. Organised by the Qingdao Municipal People's Government and CHIMENA Business Council, and co-hosted by China's Ministry of Commerce and Shandong Province, the forum showcased the deepening of historic trade links that date back over 2,000 years via the Silk Route. Qingdao Overseas Integrated Service Centre boosts UAE-China trade QOISC established by SEPCOIII Electric Power Construction Co. Ltd. and Hisense Group to serve as a new bridge for China–Arab cooperation Aims to boost two-way trade, which exceeded $400bn in 2024 (up from $36.7bn in 2004) 40 projects worth $5.93bn signed across high-end equipment, new energy, new materials and next-gen IT More than 15,500 Chinese firms have invested over $6bn in the UAE Bilateral trade in 2024: Saudi Arabia $107.53bn; UAE $101.838bn (7.2 per cent year-on-year growth) Forum drew 465 multinational companies, including 135 Fortune Global 500 firms, under the theme 'Innovation-Driven, Mutually Beneficial' Mohammed Saqib, Secretary-General of CHIMENA Business Council said: 'The launch of the Qingdao Overseas Integrated Service Centre (QOISC) is a significant move that will play a significant role in accelerating the $400bn trade between the two growing economic blocks. 'The QOISC combines the strength of the public and private sector to push for greater economic cooperation that will bring not only the businesses, but also the peoples of these regions closer through trade, tourism and cultural cooperation.' China's engagement with Arab states is viewed as a strategic move to diversify partnerships and reduce reliance on any single power, particularly the United States. Chinese companies are increasingly involved in various sectors in Arab countries, including energy, infrastructure, manufacturing, and new energy. Chinese companies are participating in infrastructure projects like ports and industrial zones, contributing to the development of trade hubs in the region.
Khaleej Times
17-06-2025
- General
- Khaleej Times
PowerChina launches marine conservation campaign in the UAE
In celebration of the 17th World Oceans Day and the 18th National Ocean Awareness Day, Power Construction Corporation of China (PowerChina) launched On June 13 a marine conservation initiative under the theme 'Protect One Coral, Safeguard the Blue Ocean.' The event was held at the Hassyan Desalination Project site in Dubai and organized by PowerChina Middle East and North Africa (MENA) Regional Headquarters in collaboration with Shandong Electric Power Construction Third Engineering Co. (SEPCO III), AZRAQ (a UAE-based marine conservation NGO), ACWA Power (project developer), and SIDEM (EPC consortium partner). More than 40 volunteers from China and the UAE participated in the initiative. Among the attendees were Li Junqi, Deputy General Manager of PowerChina MENA, Song Shiying, Project Director of ACWA Power Hassyan Project, and Olivier Rio, Site Manager from SIDEM. Opening the event, Hong Li, PowerChina's UAE country representative, extended her gratitude to all volunteers for their enthusiastic participation. She emphasized the importance of this month—marked by World Environment Day and Ocean-themed awareness days—as an opportunity to raise public consciousness about marine ecosystems and coral reef protection. She noted PowerChina's ongoing contribution to local development through power, renewable energy, desalination, and infrastructure projects, while also upholding its ESG commitments and corporate social responsibility through continuous environmental initiatives. During the event, volunteers watched educational videos on marine protection and coral cultivation, gaining a vivid understanding of the richness and vulnerability of marine ecosystems. Experts from AZRAQ delivered a compelling lecture on marine conservation, plastic pollution, and the critical role red corals play in maintaining ecological balance. The session sparked active engagement from participants, who asked insightful questions such as: 'How are corals planted?', 'Why are there no corals near the Hassyan site?', and 'What temperature is optimal for coral growth?' The expert responses deepened the volunteers' scientific knowledge and environmental awareness. A highlight of the event was the launch of the 'I Adopt a Red Coral' campaign. Representatives from PowerChina, ACWA Power, and SIDEM named individual coral colonies, symbolizing hope and ecological rebirth. Li Junqi and Song Shiying jointly read and signed a Marine Protection Pledge, reaffirming their shared commitment to sustainable development and environmental stewardship. Volunteers also signed a 'Marine Protection Pledge' poster in solidarity. Following the ceremony, volunteers headed to the shoreline near the project site and the Jebel Ali Wetland Reserve. Guided by environmental experts, they carried out a coastal clean-up, removing harmful plastic waste and debris from a 6,000 square meter stretch of beach. Li Junqi, vice president of Power China Mena, said: 'We actively take measures to keep the seawater clean. When we procure the materials for the project, we ensure that no harmful materials are released into the environment. During the construction of the project we will keep our activities away from the sea, so that the corals are not harmed.' This initiative not only strengthened PowerChina's cooperation with UAE environmental organizations but also underscored the company's alignment with the China-UAE partnership and the UAE's energy transition goals. PowerChina remains dedicated to fulfilling its responsibilities as a central SOE by promoting ecological values and advancing its global green development narrative. 'We will update our activities, to clean the seaside. We want more persons to realize the importance of the environment,' Li Junqi said.
Zawya
19-02-2025
- Business
- Zawya
Mitsubishi Power advances Bahrain's industrial growth with completion of Alba's Power Station 5 Block 4 combined cycle power plant project
Mitsubishi Power providing long-term maintenance services for the project to ensure stable supply of reliable electricity at Alba smelter MANAMA, Bahrain – Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), today announced the successful completion of the Power Station 5 Block 4 gas turbine combined cycle (GTCC) power plant at Aluminium Bahrain B.S.C. (Alba). This plant is powered by Mitsubishi Power's state-of-the-art, hydrogen-ready M701JAC gas turbine and steam turbine. The high-efficiency power plant was developed by a Mitsubishi Power consortium with SEPCOIII to expand Alba's captive power generation capacity in line with its growth and sustainability objectives, and to help accelerate the sustainable economic development of Bahrain. With a combined cycle output of 680.9 MW, the Mitsubishi Power M701JAC gas turbine represents the first deployment of this advanced JAC technology in a Middle Eastern aluminium smelter, contributing to Alba's decarbonization goals while ensuring energy security for its operations. Mitsubishi Power was able to complete the contract a month ahead of schedule and this new milestone marks the successful execution of the project, reinforcing Mitsubishi Power's track record in the delivery of high-efficiency and reliable power solutions for energy-intensive industries. The announcement was made during a ceremony held at Alba's Power Station 5 site attended by high-level officials from Alba including the Chairman of the Board Khalid Al Rumaihi, Chief Executive Officer Ali Al Baqali, Chief Power Officer Amin Sultan, and Alba's Executive Management Team and a senior delegation from Mitsubishi Power led by Mr. Takashi Tozawa, Vice President, Energy Systems at MHI and Mr. Khalid Salem, President, Middle East and North Africa, Mitsubishi Power. Senior officials from SEPCOIII were also present including SEPCOIII's Vice President, Kong Lingfen. Mr. Takashi Tozawa, Vice President, Energy Systems at MHI commented: 'We are honored to celebrate this landmark project which introduced Mitsubishi Power's state-of-the-art power generation technology to the MENA region and we are proud to mark the completion of this significant milestone for our partner Alba. The successful start of commercial operation at the Power Station 5 Block 4 project with our world-leading, hydrogen-ready M701JAC Gas Turbine is a testament to our dedication to support our customers meet their energy goals as well as to decarbonizing heavy industry. This milestone not only underscores our strong collaboration but also plays a pivotal role in advancing Bahrain's Economic Vision 2030 and building a sustainable energy future for the Kingdom.' Mr. Khalid Al Rumaihi, Chairman of Alba's Board of Directors added: 'Power Station 5 Block 4 isn't just an expansion of our power capacity, it's a testament for Alba's vision for a sustainable future, and a powerful symbol of what is possible when innovation and partnership converge. This Project, delivered ahead of schedule thanks to the dedication of our teams and partners like Mitsubishi Power and SEPCOIII, propels us forward on our journey to a greener Bahrain, demonstrating that industrial growth and environmental stewardship can go hand in hand.' As part of the agreement, Mitsubishi Power will continue supporting Alba through a Long-Term Service Agreement (LTSA), ensuring high availability, reliability, and performance of the gas turbine. This ensures that Alba can maintain uninterrupted and efficient power generation, critical for sustaining its aluminium production and supporting Bahrain's industrial growth. Mitsubishi Power is committed to advancing energy solutions for utility and industrial application aligned with decarbonization and economic sustainability goals. Through its innovative gas turbine technologies and digital analytics solutions, Mitsubishi Power supports energy-intensive industries across the MENA region in achieving greater efficiency, resilience, and carbon reduction. About Mitsubishi Power Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Across more than 30 countries worldwide, Mitsubishi Power designs, manufactures and maintains equipment and systems that drive decarbonization and ensure delivery of reliable power around the world. Among its solutions are a wide range of gas turbines including hydrogen and ammonia-fueled gas turbines, and air quality control system (AQCS). Committed to providing exemplary service and working with customers to imagine the future of energy, Mitsubishi Power is also spearheading the development of the digital power plant through its suite of AI-enabled TOMONI® solutions. For more information, please visit
