News

South Korea’s largest steel mill by market value says it will invest in Pakistan’s energy sector, including solar energy, hydropower and other renewable sources.

The need to restore growth to its economy is pushing China to launch projects that will draw private investments.

Despite the current economic slowdown, India’s economic growth will see its energy use double by 2031.

China’s installed capacity is expected to reach 5 GW between 2011 and 2015 and jump to 30 GW by 2020 with Fujian as one of key provinces for offshore wind power development.

Oceans could be supplying 10% of Australia's electricity needs by 2050.

Siemens has secured an order worth US$492.9 million from POSCO Energy to supply single shaft configurations to three power islands of natural-gas-fired power units in South Korea.

The renewable energy unit of Eastern Petroleum Corporation will be investing up to $108 million for a two-phased biomass power plant project in Agusan del Norte, Mindanao.

A power tariff increase of Rs2.68 per unit for Karachiites has been approved on account of fuel adjustment charges during January to March 2012.

Bangladesh PM Sheikh Hasina emphasized the need for more renewable energy production such as wind and solar power to protect the environment.

Hokuriku Electric Power Co. plans to dig a tunnel under the reactor 1 building at its Shika nuclear power plant to investigate a suspected active fault.

China is quietly starting the construction of four new nuclear power plants placed on hold following the Fukushima nuclear disaster of March 2011.