News

Joban Kyodo restarts 600MW unit of Nakoso plant

Joban Kyodo restarts 600MW unit of Nakoso plant

Joban Kyodo Electric Power restarted the 600MW no 8 unit at its coal-fired Nakoso plant in Tokyo, Japan shut down after the March 11 earthquake.

Malaysia's Energy Efficiency Master Plan Soon

The National Energy Efficiency Master Plan (NEEMP) that will strategize Malaysia's efforts in addressing energy security, global warming and climate change issues, has been finalised. Energy, Green Technology and Water Ministry Secretary-General Datuk Loo Took Gee said the Peer Review Team from the Asia Pacific Economic Cooperation (APEC) had also reviewed the plan. "We take positively their comments and confidence in this master plan. It would be submitted to the Cabinet very soon," she said when launching the Asean Energy Management Scheme (AEMAS) and Conference here Tuesday. With the NEEMP, she said, Malaysia would have a comprehensive and systematic approach towards energy efficiency. "The master plan would also complement many energy efficiency initiatives that have been carried out in the past with notable achievements," she said. Malaysia is committed to reducing emissions intensity of its GDP by up to 40 per cent by 2020. On AEMAS, Loo said the establishment was to increase energy efficiency in industries in the ASEAN region through training and accreditation of energy managers on a large scale and the certification of energy end-users. She said the main objectives of the AEMAS were to reduce energy consumption in the industrial sector in ASEAN, to reduce emissions of greenhouse gases in ASEAN, and to increase the professional standing of accredited energy managers. "The launch of the Malaysian Chapter of AEMAS marks an important milestone that will support our transition to an energy efficient nation, as we place priority on the need for human capital competency and the drawing up of a code of practices to use technology effectively. "We are confident that AEMAS has the capability to facilitate such efforts which will create the critical mass required for human capacity in promoting energy efficiency and conservation to ensure energy security for our country," she said. Loo said the government had established the Green Technology Financing Scheme (GTFS) with a RM1.5 billion fund to provide soft loans with an interest subsidy of two per cent to companies. "It is for companies that supply, utilise and promote green technology, including energy efficiency and conservation," she said. Under the GTFS which commenced on Jan 1, 2010, suppliers are able to obtain loans of up to RM50 million and for consumers up to RM10 million.  

Pyle is new CEO for New Zealand Wind Energy Association

Eric Pyle has been chosen as the new Chief Executive of the New Zealand Wind Energy Association.

LDK to supply modules for 2 Chinese power firms

LDK Solar has signed contracts to supply solar modules to two leading electric power companies in China.

NPCIL seeks loans for 2 atomic plant projects

Nuclear Power Corporation of India is pursuing a Rs 12,000 crore loan from the Power Finance Corporation  to set up two atomic plants in Gujarat and Rajasthan with a total capacity of 2,800 MW.

Bangladesh gets Indian assistance on power projects

Work is underway to build transmission connectivity to enable Bangladesh to import 500MW of electricity from India.

Reliance Power and Power Finance to Sell Carbon Credits from India Power Projects

Reliance Power will partner with state-owned Power Finance Corp in its quest to earn INR3.1bn ($693m) by selling carbon credits generated by two ultra-mega power projects in India. The public private partnershipwill allow the company to earn the 3.5 million carbon credits worth INR1.1bn (246.13m) over a ten-year period from its 4GW coal-fired Krishnapatnam power project located in Andhra Pradesh. Meanwhile, the Sasan project, located in Madhya Pradesh, is expected to generate over 22 million carbon credits worth INR2bn ($447.51m). The two developments are being built at an estimated cost of INR330bn ($7.38bn).

Tata BP commissions 1MW solar plant in India

Tata BP Solar India has installed and commissioned a 1MW solar plant in Tamil Nadu, India.

KEPCO sets up gasification joint venture with German firm

KEPCO has set up a joint venture with German engineering firm Uhde to carry out environment-friendly power generation projects.

GE to power first wind farm in Vietnam's Mekong Delta

10 of its wind turbines will be generating 16 MW of power for the Bac Lieu Wind Farm.

Chinese coal exports plunge to 7 year low

They dropped 44% in June as prices fall.

Karnataka seeks investors for 350 MW solar projects

Karnataka will award permits to companies to build 200 MW of projects through bidding and the remaining 150 Mw by application.

China generates 13.5% more power in first half

China's power generation rose 13.5 percent from a year earlier to 2.22 trillion kilowatts-hours in the first half of this year.

Orient Green ups Tamil Nadu wind capacity to 172MW

Orient Green Power Company Limited through its subsidiary Beta Wind Farms Ltd. synchronised an 18.7 MW wind farm with the state grid of Tamil Nadu.

India's power sector faces 40% funding gap

The Indian government revealed that the power sector investment, which was envisaged at Rs 10 lakh crore for the current plan from 2007 to 2012, was facing a 40 %  funding gap.

ADB to assist Greater Mekong's biomass utilization for clean energy

ADB will help the Greater Mekong Subregion scale up the use of biomass waste in the agriculture sector to meet its growing need for clean energy.

IDC worries over security risks in Asia Pac energy and utility organizations

Less than 10% of these companies have security policies and strategies implemented.