Environment

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.

Korea investing more in renewable energy test beds

Some US$63 million to go to various RE test beds.

Wind overtakes nuclear power in China

Wind farms generated 2% more electricity than nuclear power plants in 2012.

Renewable energy generation soars in China

Rises 30.3% to 968 billion kilowatt hours in 2012.

Environmentalists oppose location of Rampal power plant

The relocation of the proposed 1,320 MW Rampal coal-fired power plant is beiing demanded by environmentalists.