More News

US committed to nuclear collaboration with China

Both will develop new nuclear reactors. U.S. Energy Secretary Ernest Moniz said both countries will also encourage joint bids for projects elsewhere. He said Westinghouse Electric Company (Toshiba), one of the world's leading nuclear firms, was prepared to bid for reactor tenders in Britain with the China National Nuclear Corporation and the State Nuclear Power Technology Company.

US committed to nuclear collaboration with China

Both will develop new nuclear reactors. U.S. Energy Secretary Ernest Moniz said both countries will also encourage joint bids for projects elsewhere. He said Westinghouse Electric Company (Toshiba), one of the world's leading nuclear firms, was prepared to bid for reactor tenders in Britain with the China National Nuclear Corporation and the State Nuclear Power Technology Company.

Solar Frontier supplies 86 MW to Chiyoda for solar projects

Projects will be located across Japan. Japan’s Solar Frontier, a supplier of thin-film PV technology, has supplied 86 MW of its CIS solar panels to a subsidiary of industrial engineering firm, the Chiyoda Corporation. Chiyoda is developing 18 individual solar power projects throughout Japan and will perform engineering, procurement and construction work on each of their plants.

UK firm will build waste-to-energy plant in the Philippines

Construction could begin by mid-2014. London-based Advanced Plasma Power Ltd., a waste-to-energy developer, intends to build a US$323 million waste-to-energy power plant at a still undetermined location. The plant will have a capacity of 60 MW. The company is negotiating with the operator of a landfill site.

Major Philippine bank transitioning to solar power

This US$3.7 million project will be completed in three years. Bank of the Philippine Islands will enter into a build-operate-transfer agreement for the installation of solar panels at 400 of its branches nationwide. It will partner with Solarus Partners for the solar project, the first of its kind by a Philippine bank. Its branches at Ayala Avenue in Makati City and the town of Cainta in Metro Manila have been equipped with 5 KW solar panels. BPI expects to have half its branches fitted with solar panels that can produce 20 KW of power or 40% of its monthly electricity consumption.

Southeast Asia is energy industry’s next growth market

Region will be comparable to China and India. The International Energy Agency said people may be talking about Southeast Asia as the next emerging market for energy, just as people have been talking about China and India. has a combined population of about 600 million. Together, the 10-member Association of Southeast Asian Nations (ASEAN), China and India are really gradually shifting the center of gravity of the global energy market towards Asia, IEA said. ASEAN economies are expected to diversify their energy sources to include more clean energies with natural gas as an important option.

JAG Energy plans 13 GW solar farm in Japan

Plant will supply electricity to Tokyo. JAG Energy Company, Ltd said the new solar farm will be built in Kanagawa prefecture, south of Tokyo. JAG Energy is a unit of Japan Asia Group Ltd. JAG energy will start building the facility February 2014 and is expected to complete the project by March 2015. The facility will supply power to Tokyo Electric Power Company and will be equipped with Toshiba solar panels. JAG Energy is engaged in the development and operation of renewable energy plants and provides renewable energy consulting services.

South Korea might abandon nuclear power

Part of fallout from bogus safety certificates scandal. A government working group has recommended a cut in South Korea's reliance on nuclear power. It cited a fall in public confidence in nuclear plant safety triggered by Japan's Fukushima nuclear disaster of March 2011. The study recommended South Korea’s nuclear power capacity be kept between 22% and 29% of the total by 2035, well below existing plans to grow the sector to 41% in less than 20 years. In 2012, nuclear accounted for 26% of total generating capacity. The government will hold public hearings to decide whether to back the recommendation before finalizing its energy policy in December. Coal made up about 31% of power generation capacity in 2012 while LNG contributed 26%. Three of South Korea's 23 reactors are offline due to the fake safety certificates, while another will be shut on Oct. 30 to examine welding quality related to the safety of a steam generator. Two others are also offline for regular maintenance and a sixth one is shut, awaiting an extension of its 30-year life span. Of six reactors under construction, three have been delayed from start-up, also because of safety issues.

India allows Chinese to set-up PESCs

Demand for Chinese power gear rising in India. India has allowed power equipment makers from China to set up power equipment service centers (PESCs) in India. India has become a strategic market for Chinese power equipment manufacturers.

South Koreans to build Philippine solar power plant

It will be the largest solar power plant in the Philippines.

Japan will retain nuclear power

Will maintain its current share of nuclear energy. Japan's government will maintain nuclear energy’s share in its energy mix with the proviso that safety is assured. Media sources said the Japanese government will revise its current energy policy, devised in 2010 by the end of 2013. The new policy will contain revisions and reflections upon the Fukushima-Daiichi nuclear disaster of March 2011. Policy revision work will begin in November. A subcommittee called the Advisory Committee for Natural Resources and Energy will be in charge of revisions. Japan current energy policy calls nuclear power a key source of electric power. Japan also has a policy to increase the proportion of its power generation that produces no greenhouse gases or carbon dioxide to 70% non-emitting sources by 2030. Prime Minister Shinzo Abe said his government intends to cut Japan's reliance upon nuclear energy wherever possible.

BHP Billiton abandons Indian energy projects

Cites delays in carrying out exploration.

Japan, South Korea boosting energy investments in the Philippines

Kepco, Mitsui and Mitsubishi studying opportunities.

India, Finland to produce ethanol

Will cut Indian imports of this product.

Russia and China expanding energy cooperation

Covers fossil, renewable and nuclear energy.

South Korea mulls mandatory energy storage

Will also look at revising its electricity rate structure.