News

Roth & Rau has purchased a production facility from electronics firm, Possehl Electronics in, Shenzhen, China to better serve customers in the region.

Toshiba Corp. has signed a memorandum of understanding to form a business tie-up with South Korean wind-power generation equipment maker Unison Co.

Japan plans to make it compulsory for all new buildings to be fitted with solar panels by 2030.

The Korea Southern Power Company has signed a Memorandum of Understanding with Pakistan's Chief Minister Sindh Syed Qaim Ali Shah to establish renewable 2,000MW wind power projects in Pakistan's Sindh province. The Korean Southern Power Company (KOSPO) signed the MoU with the Sindh Board of Investment to build a 2,000MW wind power project in Gharo-Keti Bandar wind corridor in the province. KOSPO had earlier completed an initial survey of the wind corridor, reports APP. South Korea is also expected to invest in other energy projects as well as coal field development, infrastructure and mass transit system worth a total of $6 billion, according to Sindh chief minister Syed Qaim Ali Shah  

China Guodian Corp. will invest US$3 billion in the development of energy programs in southwest China's Chongqing Municipality over the next five years. According to an agreement between China Guodian Corp. and the Chongqing municipal government, the company will fund a variety of energy projects, including thermal power stations, wind power stations, natural gas power stations and biomass power stations in Chongqing and its surrounding regions. "Chongqing's fast economic growth has brought great opportunities for the development of energy," said Zhu Yongpeng, general manager of China Guodian Corp., one of the country's largest state-owned power companies. Zhu estimates that Chongqing's power consumption will grow at an annual average rate of 12.1 percent over the next five years. In 2010, energy consumption in Chongqing totalled 62.5 billion kilowatt-hours. Tong Xiaoping, vice mayor of Chongqing, said the total installed capacity of Chongqing's power stations will double to 22 million kwh by the end of 2015 to accommodate the growing demand. The full story is available at xinhuanet.com.

Normally, electricity prices should go up to reflect strong demand, but China experienced otherwise, says a report..

GCL-Poly 500MW monosilicon project is expected to take two-years to reach its initial capacity of 3,500MT.

GAIL has decided to install commercial wind power projects cumulatively contributing 200 MW to the grid.

Silecs International has closed a new round of funding totalling US$16 million.

Hitachi serving as the project leader will coordinate the companies involved.

China Huashui Development and China International Water & Electric  will supply and install wind turbines at the proposed wind farm in Thatta Sindh, Pakistan.

Australian Resources Minister Martin Ferguson asked the nation's electricity providers to replace ageing networks.

Former UN Secretary Kofi Annan presided the event in Berlin.

North Delhi Power Limited has projected its energy sales for FY 2011-12 at 6,892.13 million units.

Minister of Environment and Forests Jairam Ramesh has allowed erection of the remaining five radial gate the 400 MW Maheshwar project.

India's Lanco Infratech is seeking $5.6bn in loans to fund power generation projects in India over the next 15 months.