News

CR Power's total net generation for the year 2009 also increased by 16.3 percent to 75,248,994 MWh, compared to 64,722,846 MWh for the year of 2008. Meanwhile, its total net generation for December 2009 exhibited a robust growth of 46.7 percent to 8,430,524 MWh from 5,747,346 MWh in 2008.

Indian Energy has received in-principle approval for financing of their entire Theni Project from the State Bank of India.

India has finalized the Generation Based Incentive scheme for IPPs in wind power projects with a total cap of 4GW. This was announced by the Ministry for New and Renewable Energy of the Government of India.

The first pour of basemat structural concrete for the nuclear island of Unit 2 at the Sanmen site in China was completed. The resulting structure will serve as the foundation for all of the nuclear island buildings, including the containment vessel and the shield building.

Unit 2 of Laxiwa Hydropower Station passed the 72-hour test run and has been synchronized for generation. With the generation of Unit 2, which is located on the Yellow River, the total installed power capacity of Qinghai Province has exceeded 10GW. So far, four 700MW units of Laxiwa Hydropower Station have begun generation, writing a resplendent chapter in the Chinese hydropower construction history.

CPI's Hengqin Multi-supply Energy Project is one of the four key projects of the newly-inaugurated Zhuhai Hengqin New Development Zone Establishment.

Northeast New Energy Company's 49.5MW project covering Phase 1 of Dalian Tuoshan Wind Farm successfully began generation.

From US$0.0911/kWh in November, Meralco's generation charge was computed at US$0.0006 less per kilowatthour this December at US$0.0906.

HK Electric will freeze tariffs for 2010 despite anticipated rising fuel costs to help Hong Kong recover from the financial crisis.

Siemens will put into operation a high-voltage direct current transmission link or HVDC in China by the end of the year. With a transmission capacity of 5000 megawatts and covering a distance of more than 1400 kilometers, this HVDC system is the world's most powerful of its kind implemented.

China Resources Power registered a total net generation of 7,145,758 MWh on a consolidated basis in November 2009. That marked a 44.3 percent increase compared to 4,950,619 MWh it generated for the same period last year.

CPI North China Branch and Siziwangqi Local Government of Inner Mongolia signed a cooperation agreement on developing wind projects.

China Resources Power's Huilai Guanshan Wind Farm and Penglai Xujiaji Wind Farm have obtained approval from the PRC Government.

The Genkai nuclear plant on Kyushu Island has been producing electricity from AREVA's MOX fuel. The plant is owned by Kyushu Electric Power Company.

CLP Power Hong Kong will raise its average net tariff by 2.6 percent effective 1 January 2010.

Huanghe Hydropower Development Co., Ltd. and Baiyin Municipal Government signed an agreement on the “wind-photothermal complementarity” generation project.