News

Marubeni to go into geothermal power business

Plans to tap the heat powering volcanoes as an alternative to nuclear energy.

Marubeni to go into geothermal power business

Plans to tap the heat powering volcanoes as an alternative to nuclear energy.

Nissan to trade in Japan electricity market

Wins license to buy and sell electricity in the nation’s wholesale power market.

PT Medco Power to venture into mini-hydro

Energy company to invest US$20 million for mini-hydro project.

Indonesia inviting bids for solar photovoltaic projects

Tender covers 150 MW and will be issued in May.

Singapore takes delivery of first LNG shipment

LNG delivery broadens diversity in Singapore’s energy supplies.

Philippine FIT to begin in 2014

Solar power producers to be the first to benefit from new Feed-in Tariffs.

China invests US$8 billion in coal gasification project

Project at Xinjiang Uygur is one of four.China has also given its approval to huge coal gasification project. The National Development and Reform Commission has ratified four coal gasification projects with a total output capacity of 15 billion cubic meters and an investment of US$16 billion.China’s growing economy has been fuelled largely by coal power that has led to high pollution levels. Coal gasification, however, will become a key sector in China’s clean energy initiative.In 2011, global emissions increased by 1 billion tonnes, with 720 million tonnes attributable to China.

India to be self-reliant in crude oil production by 2030

Government sets a goal of slashing crude oil imports by half by 2020.

Mindanao power rates could rise by US$0.074 per KWh

Government says it’s a solution to continuing blackouts.

Sinopec admits 14% profit drop

Asia’s biggest refiner to look overseas to restore growth.

China Shenhua Energy posts 6% rise in net profit

Brings profit to US$7.9 billion in 2012 from US$7.4 billion year-on-year.

Vietnam and Japan complete first coal policy dialogue

Dialogue promoted cooperation in the use of coal for power generation.

“Burning ice” to boost Japan’s power supplies

Huge reserves of methane hydrate off its coast to last for a century.

China Longyuan bids for Aussie wind farm

Australia’s Boco Rock wind farm drawing other heavy hitters.

China to halt subsidies for massive solar projects

Will instead promote smaller solar projects in areas with power shortages.

Taiwan’s nuclear plants are safe

Stress tests confirm independent review by international experts.