Hill International selected as key engineering partner on new $585mn Crete airport
Hill International, the US multinational construction consultant and risk management firm, has been awarded a contract to become the ‘Independent Engineer’ for the New International Airport of Heraklion project on the Island of Crete.
The new airport, costing $585mn to build, will break ground in Q4 of this year and be ready in 2023.
The contract for the design, construction, financing, operation, and exploitation of the airport project and the construction/financing of the associated road connections was given to Ariadne Airport Group in May 2017.
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The project comprises of a 72,000 sqm terminal building and 3.2km runway, and will replace the existing Heraklion Airport once operational.
When fully up and running, it will serve more than 9mn passengers a year, making it the second-busiest Greek airport behind Athens International.
Emmanouil Sigalas, Hill’s VP and Managing Director, Southern Europe, said: “The Kasteli Airport Project is an infrastructure project of particular significance for Crete and all of Greece.
“The airport will become a key hub for transportation and tourism, providing several benefits to the regional economy, not least by jobs creation. We are honored by this appointment and look forward to supporting the Hellenic Republic and the Investors for its delivery.”
Ariadne Airport Group comprises Greek corporation TERNA S.A. and GMR Airports Ltd, an India-based company. The project will be developed under a concession agreement for a period of 35 years, with the Hellenic Republic maintaining a 45.9% stake in this concession.
Masdar, PT PLN begin work on floating PV solar project
UAE-based renewable energy company Masdar, in partnership with PT PLN, an organisation specialising in electrical power and owned by the Indonesian government, has announced today it has started work on a floating photovoltaic (PV) solar project in West Java. The company says the 145MW plant is the first of its kind in the country. The project, which will be constructed on the Cirata reservoir in West Java, was financed by the Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank.
Developing the project is PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar and PT PLN subsidiary PT PJBI. Bahlil Lahadalia, Minister of Investment for the Republic of Indonesia and chairman of the Indonesia Investment Coordinating Board, said: “This is a flagship project of the UAE’s investment in Indonesia, and most importantly, it is in line with the Indonesian Government’s target to increase renewable energy by 23% by 2025.”
Ladhadalia added: “The Ministry of Investment fully supports the investment realisation of the Cirata Floating Solar Project by PT PJBI and Masdar.” The plant is said to be the largest in south-east Asia, and one of the biggest in the world. Around 800 jobs will be created during its construction phase.
During the project’s development, Masdar has conducted several social initiatives to raise awareness of sustainability and strengthen the engagement of the local community. Talking about the partnership with Masdar, Amir Faisal, president director of PJBI, said: “We see tremendous potential for similar projects in Indonesia and we look forward to continuing our fruitful collaboration with Masdar to work on more renewable energy projects and help our nation achieve its clean energy objectives.
“This floating power project is a first for Indonesia and is also a significant step in PJBI’s renewable energy journey,” he added.
Facts about solar energy
- Solar power is the most abundant energy source on earth: There’s enough solar energy reaching the earth every hour to meet all of humanity’s power needs for a whole year.
- The cost of solar panels has fallen by 99% since 1977: The price per watt for a single solar cell in 1977 was US$77. Today that same cell costs Us$0.21 per watt US$0.39 per watt for an assembled module, according to the Solar Energy Industries Association.
- China is the global leader in solar energy: Whilst solar power is increasing in popularity in the US, China is currently the country with the biggest uptake. Research conducted by GTM in 2017 predicted that the US would install 12.4GW of solar power during that year. China, on the other hand, installed 24.4GW of power in the first half of 2017 alone.