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Macquarie backs solar plus storage project in South Korea

first_img FacebookTwitterLinkedInEmailPrint分享Energy Storage News:Macquarie Capital Korea, a subsidiary of investment firm Macquarie Group, has signed a memorandum of understanding (MoU) with the county office of Goesan in South Korea to finance a significant solar-plus-storage project, while it has also invested in what is said to be the largest energy storage project in the country.A company spokesperson confirmed to Energy Storage News that the MoU is for a 16MW solar PV project with 35MWh of energy storage capacity in Goesan, North Chungcheong Province, central Korea. This project would supply power to the equivalent of 7,700 homes each year.Separately, Macquarie has also invested in energy storage projects at five of steel manufacturer SeAH Group’s factories in Korea. The overall combined project base of 175MWh will be the largest in Korea, the company claimed.Notably, South Korea’s Doosan Heavy Industries is also set to install a 70MWh standalone energy storage system at its own facilities in Changwon, as well as a smaller battery installation co-located with solar PV.The Macquarie project is expected to save KRW130 billion (US$115 million) in electricity costs for the factories over the next 15 years through peak shavingMore: Macquarie to finance solar hybrid and ‘largest’ energy storage project in South Korea Macquarie backs solar plus storage project in South Korealast_img read more

The top ten things that turn off Queensland homebuyers

first_imgDayne Rapihana, and Rebecca Karatau, with their three boys Luke, 10, Harry, 9, and Sam, 5, at their newly renovated Fairfield property. Picture: Liam KidstonMORE Queenslanders would live near a brothel than put up with crime, asbestos and bad smells according to new research from Australian comparison website Finder. A recent Finder survey of Queensland property buyers found the biggest real estate turn-off was a high crime rate with 63 per cent of potential homebuyers indicating they would knock back a house in an area known to be dodgy. In a close second was asbestos with 62 per cent of those surveyed admitting they would shun a property containing the potentially harmful material, while 59 per cent would not tolerate bad smells caused by the likes of pets, cigarettes and dampness. Being located next to a brothel was the ninth biggest turn-off while no parking, bad internet and being close to noisy roads, loud bars and flight paths could also put a damper on potential real estate love affairs. Finder money expert, Bessie Hassan said turn-offs could knock thousands off the value of a home.“If you can think outside the box to remedy the issue, this could be a way to pick up a bargain property because demand might be low,” she said.“There’s not much you can do about a property being close to a main road but you could reduce the road noise by installing soundproofing or high fencing.” Queensland’s top property turn offs Bad smells caused by pets, cigarettes and dampness was the third biggest turn off for Queensland buyers. Picture: Katrina BridgefordRay White New Farm principal, Haesley Cush agreed with the survey findings that bad smells and loud noises could drive buyers away. “Poorly presented properties are easily discounted and, if not discounted, harshly judged financially,” he said. “A buyer may leave an inspection not liking a property because of a bad smell but the thing that tuned them off, they may not remember. They just remember they didn’t like the property and they won’t go back.” Mr Cush said when it came to crime, buyers tended to accept or reject an area based on criminal activity long before making it to an open house but he warned against hasty judgment as gems could be found in suburbs perceived as bad. “For example, everyone who has owned in New Farm for over 20 years, when they bought their property friends and family would have said don’t buy there because of the junkies and prostitutes,” he said. “Now because of gentrifications people think they are real estate soothsayers and have predicted the future.” Dayne Rapihana, and Rebecca Karatau, with their three boys Luke, 10, Harry, 9, and Sam, 5, at their new renovated 115 Ashby St, Fairfield property. Picture: Liam KidstonHomeowners Beck Karatau and Dayne Rapihana weren’t scared off by asbestos in their latest renovation project, a Queenslander at 115 Ashby Rd, Fairfield, that has been listed for sale through Pauline Karatau of Ray White New Farm.“There was a small amount asbestos and we were able to remove it,” Ms Karatau said. “A small amount is not a problem and if a house needed to be totally gutted and re-sheeted that would come down to the cost. “If you engage the right qualified people (to deal with it), it’s not an issue.” Mr Rapihana is a builder, Ms Karatau has gained her builder’s license and together the couple are often hunting for renovation projects. Ms Karatau said property turn offs weren’t necessarily a bad thing as they could result in a more affordable sale price. “A lot of problems can be solved,” she said.“Being on quite a busy main road would be the number one turn off for us … but we can redesign a house to minimise issues. “We’d design easy access onto the property, put living areas to the back of the property and use insulation and double glazing to cut down on noise.”center_img 1. Above average crime rate of suburb (63%)2. House with asbestos in the walls/ceilings (62%)3. Bad smells (pets, cigarettes, dampness) (59%)4. Located near a noisy pub/bar (57%)5. No parking (53%)6. Located in an industrial area (53%)7. Being on the flight path (51%)8. Close to a major road (50%)9. Located near a brothel (48%)10. Bad broadband connection (44%) Asbestos was the second biggest property turn off. Picture: Asbestos AwarenessQueensland Government Asbestos Unit director, Peter McGarry said homebuyers should be alert but not alarmed about asbestos in homes. “If asbestos containing materials are in a good condition there’s not a risk,” he said. “If the asbestos is well painted and if any cracks are sealed, that is considered to be good condition.” Mr McGarry said about 50 per cent of Queensland housing stock was reliably estimated to contain some amount of asbestos. “Any house built or renovated before 1990 should be assumed to contain some degree of asbestos materials,” he said. Mr McGarry said risk came from improper removal or renovation of asbestos, which can also result in prosecution and fines. More from newsNoosa’s best beachfront penthouse is about to hit the market12 hours agoNoosa unit prices hit new record high as region booms: REIQ12 hours agoHe said homebuyers should factor the cost of maintaining asbestos or having it removed by a licensed professional when purchasing a house containing the product. “On average it costs about $25 to $35 per square metre for removal and disposal of asbestos containing material,” he said. last_img read more

Benitez focused on claiming second place

first_img The Blues travel to second-placed Manchester City on Sunday knowing a win will close the gap on the reigning champions to a single point. However, United are currently a massive 16 points clear of Chelsea – and 12 above City – and Benitez concedes it will be “difficult” for anyone to catch the league leaders “To finish as high as possible is a challenge,” he said. “So we’ll try to finish second if we can, you never know – this is a massive game, so let’s see where we are at the end. Until the last week, we may be fighting each other.” Chelsea will fight to finish as high as they can in the Barclays Premier League but interim manager Rafael Benitez has conceded Manchester United look set to win a 20th league crown. Benitez added: “My idea is to think about this one, because it will make the difference. If you are closer to City, you have to chase the second position. The other one (winning the league), it depends on United. If they don’t lose games and drop points it’ll be difficult. We just have to concentrate on us.” Goalkeeper Petr Cech echoed his manager’s comments and believes City are struggling with the heightened expectations of being the defending champions. “Second place is more than possible for us, we just need to have a good run of results,” he said. “To win the league I think we are maybe a little bit too far, it would need a meltdown from Man United but everything is possible. “They (City) will be at home and need to win if they are going to challenge Manchester United for the title, they can’t afford any more slip-ups. It is a new situation for them, there are lots of players in their squad who have never faced the situation of defending a title. “You can see that they are behind and the pressure is on them and they have to fight with that, it is always easier when you win the first title and is worse when you defend it because you are the team to beat so it becomes tougher.” Benitez is expected to recall Ashley Cole, Frank Lampard and Branislav Ivanovic for the game at the Etihad Stadium after resting the trio for Thursday night’s 1-1 Europa League draw with Sparta Prague. Captain John Terry played the entire 90 minutes against the Czech outfit and is unlikely to be risked for the whole game at City. center_img Press Associationlast_img read more