News

Siemens will supply the power block and other main components for the new combined-cycle power plant in Singapore.

 

ADB is providing a long-term loan of up to $48 million to finance the 40 megawatt solar power project located in Jaisalmer district in the western state of Rajasthan.

Vietnam's Ninh Thuan Province is treating its two nuclear power projects as a catalyst to attract more investments.

A team from Bangladesh is visiting China to fix the schedule for an MoU signing to set up a coal-fired plant in Chittagong.

ADB has approved a US$309.89 million loan for the construction of 750MW O Mon Power Plant 4 in Can Tho Province, Vietnam.

India's Power Minsiter Sushil Kumar Shinde called for `all-out` efforts to remove the obstacles that hinder progress of hydroelectric project.

Thai Solar Energy is planning to invest nearly US$447 million in the development of 135MW of solar projects using direct-steam generation.

Bank Sarasin forecasts 2,500 MW of new capacity in China by 2012.

Hokuriku Electric Power Co shut the 700 megawatt coal-fired No.2 unit at its Tsuruga plant in northwestern Japan on Thursday for repair work and inspection.

India's Ministry of Law has approved the immediate implementation of the open access system in the power sector.

Construction of the Nam-Enfinity renewable energy project in Ninh Thuan province will be delayed to late 2012 due to land costs.

Leaders of China's solar power industry rejected a U.S. trade complaint that they receive unfair government support. The chairmen of four of China's biggest solar companies, including Suntech Power Holdings Co. and Yingli Green Energy Holding Co., said at a news conference that their success comes from more advanced technology and skillful management. "If you ask whether the solar industry in China has received special treatment or special support, the answer is no," said Suntech's Shi Zhengrong, one of the solar power industry's most successful entrepreneurs. The U.S. Commerce Department launched an investigation this month into complaints that Chinese companies were exporting solar panels and equipment to the United States at less than fair value. A final ruling is due in July. If the complaint is upheld, the U.S. government could impose punitive tariffs. The case has attracted unusual attention for a trade complaint following the bankruptcy of solar-panel maker Solyndra LLC, after the California-based company received a $528 million U.S. government loan. Last week, China's Commerce Ministry announced its own trade probe into whether U.S. government support for producers of wind, solar and other renewable energy technology is an improper trade barrier. If Washington imposes sanctions, one result will be a loss of American jobs because U.S. companies are both buyers of Chinese products and suppliers of materials, the companies said in a statement. They said Chinese manufacturers spend some $2 billion a year to buy materials such as polysilicon from U.S. suppliers. "Any trade restrictive measures that may be imposed will unavoidably cause serious impairment to the sustainable development of the green energy industries as well as consumers' interests both in China and the United States," said the statement. The executives sharply criticized the lead company in the Commerce Department complaint, SolarWorld Industries America Inc., a unit of Germany's SolarWorld AG. They said it receives U.S. and European subsidies while complaining about Chinese support. "We applaud the support of the European Union and the U.S. government toward renewable energy. But we are very sorry that SolarWorld has applied such a double standard when they talk about subsidies," said Canadian Solar's Qu.

Macau's electricity consumption reached 1.198 billion kWh in the third quarter of 2011, according to the city's Statistics and Census Service.

Suzlon Energy has won a contract worth Rs4.7bn or $90 million from Coromandel Wind Energy Company.

C&G Environmental Protection Holdings will get a group credit facility of RMB2.284b for its capital expenditure requirements.