News

x S. Korea to inject 1.08 tln won into energy sector R&D

x S. Korea to inject 1.08 tln won into energy sector R&D

South Korea will inject 1.08 trillion won (US$962.3 million) into research and development (R&D) this year to bolster its capabilities in the energy sector, the government said Tuesday.

Malaysia's TNB to buy solar energy from ex-landfill site

Cypark will start selling electricity from its solar farm to Tenaga Nasional Berhad on March 28.

Decelerating Chinese economy slows coal price increases

Falling thermal coal prices are an ironic development for China.

Vietnam needs more coal for planned thermal power plants

Vietnam's plans to raise the number of thermal power plants will require 14.4  to 15.2 million tons of coal for electricity production in 2012.

Obama to back U.S. solar panel producers against China

Obama is expected to back U.S. solar panel producers on against lower-priced imports from China.

Australia's largest commercial rooftop solar system to be built

Australia's largest privately-owned rooftop photovoltaic solar system will be constructed and installed at NEXTDC's data centre in Port Melbourne.

Japanese public opinion overwhelmingly against nuclear power

Eight in 10 Japanese want to first phase out and then eliminate nuclear power altogether as a major source of energy.

New South Wales to axe 780 jobs in electricity mergers

New South Wales will merge three state-owned electricity distribution companies in July cutting its combined workforce of 1,300 by 780.

Nepal to expedite hydropower development

The general consensus was to expedite the development of Nepal's hydropower sector after the 2-day hydropower summit in Kathmandu.

India's transmission sector surpasses February targets

India's transmission sector achieved  much more than the targeted stringing of transmission lines for the month of February.

CLP/China Grid may buy Exxon stake in Castle Peak for $2.8B

CLP Holdings and China Southern Power Grid may pay around $2.8 billion for a 60 percent ExxonMobil stake in a Hong Kong power venture.

India to stop development of new gas based plants till 2016

India's power ministry has advised developers to refrain from setting up new gas-based projects till 2015-16 .

East Asian energy supergrid comes closer to fruition

A mammoth project to connect the national energy grids of five Asian and European countries takes a key step forward.

China to import more uranium

After a drop in uranium imports in 2011, China intends to increase uranium imports this year to keep pace with the building of more nuclear power plants.

New green energy projects underway in Ho Chi Minh City

Ho Chi Minh City will employ two additional power plants with a combined capacity of 40MW using energy created by organic waste.

China Power, Myanmar actively negotiating over dam

China Power Investment Corp. is said to be in "active talks" with the government of Myanmar to resume development of a $3.6 billion hydroelectric dam.

Bangladesh to get 500MW from India by July 2013

Formalities to import electricity from India has been completed by the government of Bangladesh, thereby allowing its national grid to get 500-megawatt by July 2013.