Environment
Welspun Energy finishes funding huge Indian solar project
Welspun Energy finishes funding huge Indian solar project
Obtains US$161 million financing for India’s largest solar farm.
Taiwan to become nuclear free
Cabinet approves a draft act promoting energy safety and a nuclear-free Taiwan.
China gets first foreign orders for locally-developed nuclear reactor
Operators are from South America and Asia.
China suffers clean energy trade deficit with US
The US has a US$1.63 billion surplus in the clean energy trade over China.
Japan to re-open 6 nuclear reactors this year
Two-thirds of Japan’s 50 reactors to re-start in the next few years.
Philippines’ AboitizPower posts 13% net income increase
Increase in electricity sales boosts income to US$599 million in 2012.
Vietnamese nuclear plant workers to train in Russia
Some 2,000 Vietnamese will go to Russia beginning this year.
Small Philippine hydropower producers hunting for investments
Will need US$1 billion to implement several projects.
India provides US$145 million incentive for wind energy
Funding expected to re-ignite growth in moribund sector.
Japan’s nuclear safety standards too costly
Complying with new rules will cost US$10.9 billion.
More access to Japan’s electricity grid needed
This to boost boost renewable energy use.
Saudi Arabia approves deal on nuclear cooperation with China
Deal will advance Saudi plans for its own nuclear power program.
Chinese building four hydroelectric plants in Cambodia
The first has been completed and will limit power shortages and cut reliance on diesel-fueled electricity.
Indonesia to develop wind power
Will cooperate with the United Nations Development Program for wind projects.
Idemitsu to do biomass power generation
Idemitsu to do biomass power generation
Chinese energy consumption jumped 3.9% in 2012
Coal accounts for 66.4% of the total energy consumed.
Korean firms transfer energy-related IT to developing nations
KT Corporation and Korea Power Exchange are the newest companies to join this effort.
Commentary
Managing risk for Indonesia’s conventional power sector in a decarbonising economy