News

South Korean companies have pledged to contribute US$83 million to complete designs on the Smart reactor.

ADB will invest $15 million to support clean energy projects in the Greater Mekong Subregion and South Asia.

Clean energy is one of the broad range of fresh opportunities for collaboration between ADB and BoC.

Meridian Energy welcomed New Zealand Foreign Affairs Minister Murray McCully’s support for a solar power plant in Tonga.

Tenders are being invited for the supply and installation of a renewable energy system on Wellington's Matiu/Somes Island.

World Bank discussed a new Country Poverty Strategy for Pakistan that will also address the country’s unreliable energy supply. To realise the objectives of the CPS, the World Bank endorsed a proposed lending program of up to US$6.2 billion for fiscal years 2010-2013.

Australia's residential sector leads the electricity consumption growth in 2008-09, with a 3.5 percent rise from the previous year.

Origin Energy completed final commissioning of its 630MW Darling Downs Power Station in Queensland.

SN Power and the IFC signed a Joint Development Agreement in Washington D.C.

Sri Lanka wants to have energy audits for all state organisations to save electricity and minimise wastage.

CWE and the Nepal Electricity Authority have signed an MOU to build the Nalsyagu Gad Hydropower Station.

The Malaysian government is keen on having a more aggressive energy development.

A consortium of six Japanese companies established a new office for a new nuclear company. Tentatively named "International Nuclear Energy Development of Japan," this new company will be engaged in the activities to establish proposals for nuclear power plants projects in the emerging countries.

Asia-Pacific countries are well-suited to solar power initiatives, but financing will remain an obstacle.

Guazhou Xiehe Wind Power loaned $132 million from IFC for the development of Gansu Guazhou Ganhekou No.8 Wind Farm.

A new IT network now handles all data communications for CEM’s users. The high-performance information network based on technology supplied by H3C also handles CEM’s operations and finance teams as well as the management.