News
Laos' Nam Ngum II dam starts selling electricity to Thailand
Nam Ngum II hydropower dam has started selling electricity to Thailand, according to Ratch-Lao Service Company Managing Director, Mr. Jatuporn Soparaksa.
Laos' Nam Ngum II dam starts selling electricity to Thailand
Nam Ngum II hydropower dam has started selling electricity to Thailand, according to Ratch-Lao Service Company Managing Director, Mr. Jatuporn Soparaksa.
China agrees to lend Nepal $1.6B for West Seti hydel project
China has agreed to lend Nepal $1.6 billion for thet West Seti Hydropower Project.
Vietnam power sector to need annual investments of over US$6 B
Under the plan recently approved by the Prime Minister, electricity price shall be gradually adjusted according to market mechanism and is expected to be 8-9 cents per kWh in 2020. It is currently at about 6 cents per KHh.
Ming Yang to construct wind farm for China Wind Power
China Wind Power has signed an engineering contract with China Ming Yang Wind Power Ltd for the construction of its wind farm project in China.
Hyundai Heavy targets $300 M annual wind turbine sales to Chinese plant
Hyundai Heavy Industries expects annual sales of as much as $300 million from a wind-turbine factory in China as it bolsters clean-energy units to pare a reliance on making vessels.
More Bangladesh land grabs feared due to rising demand for renewable energy
Rising demand for the dominant form of renewable energy worldwide – wood – could drive yet more acquisitions of land in developing countries where food insecurity is rising and land rights are weak, say researchers at the International Institute for Environment and Development. In a briefing paper published today (30 August), they warn that this new trend needs greater public scrutiny and debate. Wood accounts for 67% of global renewable energy supplies, and many countries in the global North are increasing their use of it both to reduce their reliance on costly fossil fuels and to mitigate climate change. Such countries are setting ambitious targets for using renewable energy, including biomass, but with demand for wood set to outstrip supply by up to 600% in some countries, and high tree growth rates in the tropics, investors are beginning to look South. New tree plantations in developing countries that will be harvested to export wood could spell good news in terms of jobs, investment, climate change and conversation — if they are managed well. But there is also a risk that plantations will displace poor and marginalised communities from land they have tended to for generations but have no formal claim over. The paper, aimed at policymakers in both developed and developing countries, warns that rising demand for wood could harm food security and the livelihoods of the world’s poorest and most vulnerable people if governments lease large areas of land for fuel wood plantations. “All eyes are turned to food and biofuels, but tree plantations for biomass energy may soon become an important driver in the global land rush,” says Dr Lorenzo Cotula, a senior researcher at IIED and co-author of the paper. Duncan Macqueen, also a senior researcher and co-author adds: “Wood is a vital renewable energy source, and countries in the South should develop it for local energy security, not export it to fuel Northern energy deficits at the expense of their own people.”
Mitsubishi, CCTI win Taiwan coal-fired plant project
Japan's Mitsubishi Heavy Industries and Taiwan's CTCI Corp have jointly won a full turnkey contract for three 800 MW coal-fired power generating units from Taiwan Power Co .
Price of electricity in Vietnam to be adjusted monthly
Vietnam Electricity plans to adjust its monthly pricing based on fluctuating costs such as US dollar exchange rate, changing fuel prices, and also the power output level from its plant.
Philippines’ Greenergy eyes $1.3b renewable energy deal with Chinese firm
The deal involves the construction of wind energy projects with a total capacity of at least 1,000 MW over a 10-year period.
India to allocate 56.08 MMSCMD of gas for power plants
India's ministry of power has sought an allocation of 56.08 MMSCMD of natural gas for power plants to be commissioned during the 11th Five Year Plan.
Suzlon to construct $1.3bn wind farm in Australia
Suzlon Energy is set to build a 600MW wind power farm at 20km South-West of Ardrossan on the East Coast of the Yorke Peninsula in South Australia.
BGR Energy bags Rs 444 crore NPCIL order
Engineering, procurement and construction company BGR Energy Systems has bagged Rs 444.48 crore orders from Nuclear Power Corporation of India. The order involves supply, erection, testing and commissioning of main plant electrical systems, including nuclear Island electricals at Kota Rajasthan for 2×700 Mw and Kakrapara in Gujarat 2×700 Mw has been given to the electrical projects division of city-based BGR Energy Systems, a company statement here said. The two projects are expected to be completed between September 2015 and March 2016, it said. “This happens to be the single biggest order for main plant electricals received by BGR Energy so far and would facilitate qualifications in the future,” BGR Energy Systems CEO V Balakrishnan said. BGR Energy Systems designs and manufactures 22 high technology equipment for power, process and infrastructure projects for world markets. As of March 2011, the company achieved a turnover of Rs 4,763 crore, the statement added. Agencies
Karnataka eyes grid connection for 200MW solar power in 5 years
The Karnataka State Solar Policy 2011-12 to 2015-16 is looking to generate 200 Mw solar power in five years.
Malaysia's Jaks to build Vietnam coal-fired plant
Jaks Resources Bhd is expected to start construction of its 1,200 MW coal-fired power project worth US$2 billion in Hai Duong province, Vietnam, in the second quarter of 2013.
India prioritizes development of renewable energy
India's has given top priority to the development of renewable energy sources, increasing the rate of electricity production from 3.5% in 2010 to 4.5% of total electricity production in 2020 and to 6% in 2030.
Tamil Nadu seeks private investment for wind infrastructure
The state government of Tamil Nadu has sought the help of private players to set up infrastructure for wind power evacuation.
India's new 3,500 MW renewable power to come mostly from wind: Minister
India's Renewable Energy Minister Farooq Abdullah revealed that the country will be adding about 3,500 Mw of renewable power during the current fiscal, entailing a capital investment of about 29,000 crore.