News

Utilities benefited from China's US$550b investment into Western regions since 2012

The regions are expected to have 187GW of new generation capacity by 2023.

South Korean consortium to bid for 2 nuclear projects in Europe

Projects with over 1,000MW capacity will be offered by Czech Republic and Poland.

South Korean consortium to build 750MW Angolan gas project

KOSPO and Hyundai Engineering are two of the consortium's members.

J-Power and KEPCO buy 41% of 860MW UK offshore wind farm

J-Power will hold 25% whilst KEPCO will hold 16%.

Tata Power joint venture gets letter of intent for 1,930MW coal plant

Rival JSW Energy reportedly revised its offer for the plant after the letter was awarded.

Myanmar dam failure floods 85 villages

Authorities had given an all-clear to the dam despite overspill concerns.

Unwieldy rules bar growth of Philippines' solar rooftop potential

But eight solar rooftop projects worth US$1.65b could mark a turn-around.

Vedanta wins majority of India's auctioned oil and gas fields

It bagged 41 of 55 exploration blocks in the first round of auctions.

Japan nuclear plants' safety costs could jump to $40b

These were brought about by post-Fukushima safety standards.

Russia's Rosatom pumps fuel at China's Tianwan-4 nuclear reactor

The unit will enter startup stage in September once criticality is achieved.

India slaps rules on biodiesel imports

Products affected include ethyl alcohol, denatured spirits, and petroleum oils.

India's eyes creation of energy storage regulating body

It aims to build a policy framework that urges manufacturing and innovation, amongst others.

JERA eyes 50% stake in US-based Compass' gas-fired thermal plants

The portfolio has a total power generation capacity of 1,123MW.

CR Power to sell stakes in 90% of its coal producers

It will sell 3 firms under CR Coal and a 51% stake in CR Daning.

Radioactive substances found in treated water from Fukushima NPP

Authorities are considering dumping the water into the sea.

Sinopec and Zhejiang Energy to develop 3Mt/year LNG terminal

The project will include four tanks that can store 200,000 cubic metres of LNG each.