News

Tokyo Electric Power Co will sell its 20% stake in Eurus Energy Holdings Corp to Toyota Tsusho Corp by January.

Nuclear opposition in India has remained resilient in the months since the devastation at Japan's Fukushima nuclear plant.

Austria-based hydro energy developer Andritz Hydro suggested that the government, businesspeople and energy consumers in Indonesia pay more attention to the future development of hydro energy sources. Company president director Josef M. Ulmer said Monday that the country had abundant hydro energy potential, around 78,000 megawatts (MW), but as of today utilization still stood at only around 4,500 MW. “Hydro is the old lady of renewable energy. It’s not as sexy as solar energy, but it is one of the most reliable sources of energy, including in Indonesia,” he told reporters at a press conference on the sidelines of the World Renewable Energy Congress in Nusa Dua, Bali. With a current electrification ratio of about 70 percent, hydro energy could be one of the best options for providing access to electricity in certain regions of the country, he said, adding that the future of hydro energy was very encouraging. As reported earlier, the government and state electricity utility PLN were preparing the concept for the third phase of the 10,000 MW fast-track program. During this phase, most new power plants would use water for generating electricity.

PLN announced that the by the completion of the Paiton coal-fired power plant in Pasuruan, East Java, by the end of this year.

PLN announced that it produced 134 terrawat hours of electricity across Indonesia during the first nine months of 2011.

India expects a wind energy installation of about 3,000 Mw this year driven by strong policy framework and better cost competitiveness compared to conventional power generation, says a report.  

A feasibility study on the nearly Rs 4,000-crore India-Sri Lanka grid interconnection project is expected to be complete by December.

Malaysia's Energy Commission clarified that the bidding process for the Tanjung Bin Power Station project was conducted five years before it begins operations in 2016 because of the lengthy construction period.

The opposition against the Kudankulam Nuclear Power Plant may lead to an-all India uprising for a total moratorium on nuclear energy, said a former Atomic Energy Commission scientist.

Increasing business risks and improving net margins are getting them confused.

The construction of a dam across the Song Bac River for a hydropower plant in northern Ha Giang province is now underway.

The construction license has been granted to the An Khanh Thermal Power Joint Stock Company by the Thai Nguyen Provincial People’s Committee for the An Khanh 2 Thermal Power Plant.

German investors are most interested in developing renewable energy in Vietnam, a forum has heard.

TEPCO is likely to sell a 20 percent stake in wind power developer Eurus Energy Holdings to trading firm Toyota Tsusho to help raise funds to compensate victims of Japan's nuclear crisis, states a Reuters report quoting the Nikkei newspaper.

India's power minister Sushilkumar Shinde noted that his country is actively pursuing a low carbon growth strategy in power sector to address climate related issues.

Yingli says it is unfair to tar all Chinese companies with the same unfair-trading practice brush, and that it will “mount a vigorous defense”.