News

China has launched an investigation into US subsidies for renewable energy companies.

Wijaya Karya is expecting its investment in four power-plant projects to bring revenues worth Rp 470 billion or $51.7 million next year.

India's capacity addition in the month of October 2011 was dismal, as compared to the previous month. The Central Electricity Authority's latest figures show that the country expanded capacity by 345 MW, as against a target of 2,373 MW. The addition is 85.5% below the target, whereas it had exceeded its target by 36% in September 2011. A majority of this shortfall in capacity addition is attributed to the thermal sector, which fell short of the targeted 2,000 MW by 1,655 MW. There was no contribution from of the hydro sector. Furthermore, the nuclear and renewable energy sectors did not add to the capacity addition during the month. There was no capacity addition achieved against a target of 338 MW under the central scheme and the poor performance of state schemes was reflected in zero capacity addition during the month, as opposed to a small target of 250 MW. Consequently, the private sector has performed better with an achievement of 345 MW, as compared to a target of 1,785 MW. The Indian government had fixed 78,700 MW as a target for capacity addition in the 11th Plan, which was later modified to 62,374 MW during the mid-term appraisal  by the Planning Commission.

There are plans to increase electricity prices in Vietnam by 4.6% in 2012.

ADB  has approved a $309.9 million loan for a new power plant in Vietnam's Mekong Delta.

Kyushu Electric Power Co will start a planned inspection of the 1,180-megawatt No.4 reactor at its Genkai nuclear plant on Dec. 25. This will necessitate the shutdown of the reactor on the same day.

Generation from thermal power stations in all regions in India fell short of the October target.

The China Photovoltaic Industry Alliance is launching its own counteroffensive against the US for dumping polysilicon at below cost prices in China.

India's Finance Ministry is intervening in power project loans after disbursements failed to materialize.

Sharp will invest US$ 1 billion in solar cell technology in Indonesia according to a deal sealed at the ASEAN Summit in Bali.

Thailand's Electricity Generating Pcl plans to more than double capacity at its Quezon power plant in the Philippines as part of a regional expansion.

The average power capacity of India’s nuclear plants has improved to 78% during 2011-12 (April- October) against 71% in 2010-11, largely due to the increased uranium imports, according to the latest data provided by National Power Corporation of India Ltd. The imports of uranium is largely from France and Russia and now the possibilities are high of getting yellow cakes from Australia too. The country is going ahead with new projects and also enhancing the already existing plants with better technology and fuel availability. The advancement in the India’s nuclear sector has come at the perfect time as the shortage of Coal was creating problems to meet the energy needs of the country. Many countries put back it nuclear projects after the destruction of Japan’s six-reactor Daichi Fukushima nuclear power complex by an earthquake and tsunami. But the rising BRIC economic superpower, India, has been going along with the proposed project with modifications like improved safety technologies etc. The opposition against nuclear plants are high but the government feels that it could be manageable. The major protests were seen in Kundankulam Nuclear Power Project in Tamil Nadu and also in against the proposed 9,900 megawatt Jaitapur Nuclear Power Plant. For India, use of nuclear energy is of great importance as it is carbon free(Clean energy and no green house gas emission) and could benefit countries seeking both power expansion and winning plaudits for reducing greenhouse gas emissions. Currently, there are 20 nuclear reactors being operated by NPCIL which add up 4,780 MW. India in its 12th five year plan (2012-17), more important would be given to power generation and plans to accelerate the nuclear power generation to 20,000 mega watt by 2020 from the existing 4780MW. Commodityonline.com  

Four leaders of Pakistan People`s Party have asked Prime Minister Yousuf Raza Gilani to scrap the government`s rental power policy.

 

The Philippines' Alsons Consolidated is looking to build 200 MW coal-fired power facilities in southern Mindanao and dealing for possible partnerships.

And guess how much funding SunEdison got from Overseas Private Investment Corporation?