Siemens to supply green propulsion and power to Maersk's 18,000-TEUers
2012 05 21
- Details
SIEMENS Drive Technologies Division is to supply propulsion and power generation systems on Maersk Line's 18,000-TEU Triple E class ships at a order value of millions from Korea's Daewoo Shipbuilding and Marine Engineering.
The twin propulsion systems will include 3 MW shaft generator motors and power generation systems with waste heat recovery systems (WHR). The WHR allows exhaust gas from the engine to be captured and to run combined exhaust gas/steam turbine genset, which in turn generates electrical energy.
United States hits Chinese solar panel manufacturers with a 31pc tariff
The US Commerce Department has applied anti-dumping tariffs on 31 per cent of the US$3.1 billion in Chinese solar panel imports, half the American market by volume, reports the New York Times.
The antidumping decision is among the biggest in American history, covering one of the largest and fastest-growing categories of imports from China.
JinkoSolar, a Chinese solar manufacturer, said the firm might shift production to existing factories in Canada, but some analysts are sceptical that Chinese banks are ready for another round of lending to fund an industry-wide jump abroad.
Many solar panel installers in the United States have opposed tariffs on Chinese panels because the volume helps publicise solar panel use. The tariff is expected to mean price increases, they said.
Li Junfeng, an energy policy maker and regulator in the Chinese government who is also the president of the government-controlled Chinese Renewable Energy Industries Association, said: "This is really dangerous, " adding that Chinese companies would retaliate by filing a trade case at China's commerce ministry accusing big American chemical companies of dumping polysilicon, the main ingredient in solar panels, on the Chinese market.
Wiley Reing trade lawyer Alan Price said: "China sets forth industry-specific Five-Year Plans and then uses national and local subsidies. China's ability to ramp up and overwhelm an industry is unique and particularly devastating with new and emerging technologies."
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