Siemens to stop selling turbines for new coal-fired power plant projects

first_imgSiemens to stop selling turbines for new coal-fired power plant projects FacebookTwitterLinkedInEmailPrint分享Reuters:Siemens Energy, which builds steam turbines for power plants, will no longer take on new business to supply coal-fired powered stations, it said on Tuesday, making it the latest firm to scale back fossil fuel-related operations.Selling turbines to coal-fired power plants accounts for a low single-digit percentage of the company’s sales, or roughly 820 million euros ($970 million) based on 2020 figures. It has said the business is profitable.Siemens Energy will still meet existing commitments, including placed bids, and honour service contracts for combined heat and power stations.Siemens Energy, which owns 67% of wind turbine maker Siemens Gamesa, makes about 30% of its sales by catering to fossil-fuel power stations, mostly gas, where it competes with General Electric and Mitsubishi Heavy Industries.Fourth-quarter earnings before interest, tax and amortisation (EBITA) before special items fell 87% to 70 million euros ($83 million) due to impairments and restructuring costs.[Christopher Steitz]More: Siemens Energy drops most coal business following spin-offlast_img read more

‘Relegation should be scrapped if Premier League season is ended’ Says Tony Bloom

first_imgLONDON: Brighton and Hove Albion owner Tony Bloom said that relegation may need to be scrapped if the Premier League season has to be ended. As the Premier League table stands, Brighton are on 29 points, two points above the relegation zone.“I don’t foresee a situation, if the season’s not played out, that teams will get relegated on a points-per-game basis,” Bloom is quoted as saying by BBC Sport.“I just don’t think it’s fathomable that a team which is not allowed to play out the season may lose out on 0.2 points based on this system, and also it does not take into account the strength of the team you have not played.”The Premier League, like other leagues in Europe, has been suspended due to the coronavirus pandemic. There are nine matches to be played by each club this season and a potential cutoff date of June 30 for the league to restart has been in the speculation.“You may get a title winner, obviously Liverpool deserve it, you may use that criteria for European qualification but I do not see how anyone can vote for that, certainly the percent needed (70 per cent), for teams to get relegated. I really cannot foresee that,” added Bloom.West Ham United, Watford and Bournemouth are all on 27 points and are separated only by goal difference, putting Bournemouth at risk of being relegated if the current points table stands. IANSAlso Read: Why Congress wilted, why Modi bloomedAlso Watch: Veterinary College in Guwahati creates hand sanitizers to fight the shortage of Sanitizers in Assamlast_img read more

Auckland to host tourism extravaganza in 2017

first_imgAuckland City SkylineAuckland to host tourism extravaganza in 2017TRENZ, New Zealand’s biggest annual international tourism showcase, will return to Auckland in 2017, Tourism Industry Aotearoa (TIA) announced today.“After two highly successful years in Rotorua, we look forward to taking TRENZ back to New Zealand’s biggest city and international gateway,” TIA Chief Executive Chris Roberts says.The announcement was made on the final day of TRENZ 2016, which has brought more than 350 influential international travel buyers and media to meet about 300 leading New Zealand tourismoperators at the Rotorua Energy Events Centre this week.TRENZ 2017 will take place on the Auckland waterfront, 9-12 May 2017.“TRENZ is a fabulous opportunity for Auckland to showcase what it has to offer international visitors,” Mr Roberts says.TRENZ 2017 will be hosted by Auckland Tourism, Events and Economic Development (ATEED).ATEED Chief Executive Brett O’Riley says the city is delighted to be hosting TRENZ again.“The benefits of hosting TRENZ can be felt for several years, with buyers having the chance to discover how much Auckland has to offer. This first-hand experience of the region helps secure Auckland’s place on their clients’ future itineraries,” he says.TIA is currently working to secure venues and dates for TRENZ in 2018 and beyond, and is in discussions with several regions. TRENZ 2017Source = Tourism Industry Association NZlast_img read more