News

Solar investment target set at US$39.5 billion

Solar investment target set at US$39.5 billion

China expects investments in solar power to hit US$39.5 billion by 2015 and a huge rise in the sector’s employment.

China's wind power push not profitable for producers

Wind power developers could not yet benefit from China's scheme ordering electricity distributors to source up to 15 percent from renewable energy.

China to become No. 1 in smart grid market

China is expected to become the world's leading smart grid components market with a value of US$1.43 trillion.

Alstom to utilize ‘smart grid’ technology in Indonesia

Alstom will use its digital substation technology to help Indonesia’s state electricity company PT PLN to improve its service.

Russia wants Pakistan dam project without bidding

Russia wants to be awarded the construction contract for the $13 billion Diamer Bhasha Dam without resorting to international competitive bidding.

Unpredictable winds worry Rajasthan power distributors

Unpredictable winds are creating a headache for wind power distribution companies in Rajasthan.

Japan ups spending on renewable energy

Japan will need renewable energy investments amounting to US$637 billion to completely sever itself from nuclear power.

Tepco may seek okay for reactor restart with nuke reforms

Tepco has set up teams to reform its nuclear division, a move viewed by some as indicative for the restart of idled reactors.

B Grimm to focus investments on Thai energy projects

B Grimm will earmark Bt75 billion for power-plant expansion and other energy projects in Thailand over the next seven years.

Welspun Energy secures $64M funding for 50MW Indian solar project

Welspun Energy has raised about Rs3.55bn or $64.11 million to fund a 50MW solar photovoltaic project in Rajasthan.

Ming Yang to build offshore wind farm for China Guangdong Nuclear

Chinese wind turbine maker Ming Yang Wind Power Group Ltd will develop an offshore wind farm for China Guangdong Nuclear Power Group.

Japan lacks land for renewable energy drive

Electricity prices will be an even more serious issue if Japan is to cut back on nuclear power and rely more on renewable sources like solar and wind.

Pakistan's Guddu, Jamshoro thermal plants to be run on coal

The government of Pakistan will convert two inefficient thermal power plants in Sindh into being coal-fired through a $433 million financing to be provided by the Asian Development Bank.

Ming Yang, Guangdong Nuclear to jointly focus on offshore wind projects

Guangdong Mingyang Wind Power Group and China Guangdong Nuclear Power will join forces to develop renewable power projects.These include the Golden Bay offshore wind power project in Jieyang, Guangdong province.

Mining companies going for renewable energy

Mining industry sources report a growing use of renewable energy by major mining firms worldwide.

Pakistan approaches China for financing of Diamer Bhasha Dam

The government of Pakistan has sought financing from China for the mega $13 billion Diamer Bhasha Dam.

China tops renewable energy index

China will remain the world’s leading renewable energy market at least until 2020.