News

South Korea started construction on two new nuclear reactors with locally made components for all critical systems.

India’s new atomic energy boss will push for more nuclear power.

Gamesa announced that said it is planning to sell 700-MW turbines in India by December.

Alstom T&D India, the market leader in electrical Balance of Plant (eBoP) domain, has successfully commissioned the eBoP package for the

Madhucon Project Ltd., an IPP from India, will sell electricity through an independent power producer mechanism at US$5.8099 per kWh to Indonesia's PT PLN.

It will demand heavy investments and political will to increase the share of renewable energy sources in Indonesia’s total energy mix from the current 5% to 17% by 2025.

Tenaga Nasional Bhd will spend about RM9.7 billion or US$3.1 billion in the next five years to increase electricity generating capacity in Malaysia.

UGL in joint venture with engineering, procurement and construction firm CH2M Hill, has won a $550m contract from JKC Australia LNG to build a combined cycle power plant for the Ichthys liquefied natural gas project in Australia's Northern Territory.

The world’s fifth largest maker of wind turbines needs to repay foreign currency convertible bonds of US$360 million in June and US$207 million in October.

The Pakistan government’s failure to pay IPPs as per agreements has made day-to-day operations difficult, said higher officials of IPP’s.

Mitsui & Co. and Mitsubishi Corp. will participate in an Australian LNG project to provide stable supply for Japan's thermal power generation.

Renewable energy continues to grow in Japan—with a lot of help from FIT.

"It's ten on last count...everyday they are doing," Zohra Chatterjee, Additional Secretary, Ministry of Coal, told reporters on the sidelines

The first phase of the project aimed at producing 4,135 MW in 2010 but only 930 MW were in fact produced.

The world’s largest coal mining company turns in a profit despite the slowdown in China’s economy.

Aboitiz Power Corp. will build four new power generation facilities to add 354 megawatt to the Mindanao grid by 2015.