Staff Reporter

India to be self-reliant in crude oil production by 2030

Government sets a goal of slashing crude oil imports by half by 2020.

Funding for India’s waste-to-energy sector

Obtaining a Power Purchase Agreement (“PPA”) with a highly rated, financially strong electric utility is one of the key success factors for the financing of a growing pipeline of waste-to-energy (“WTE”) plants across India.

Mindanao power rates could rise by US$0.074 per KWh

Government says it’s a solution to continuing blackouts.

Sinopec admits 14% profit drop

Asia’s biggest refiner to look overseas to restore growth.

Philippine government agency sees end to Mindanao blackouts

Mindanao Development Authority, however, says solution will be costly and temporary.

China and Russia sign massive energy deals

Hail breakthrough agreements that will see Russia increase oil supplies to China.

China Shenhua Energy posts 6% rise in net profit

Brings profit to US$7.9 billion in 2012 from US$7.4 billion year-on-year.

Vietnam and Japan complete first coal policy dialogue

Dialogue promoted cooperation in the use of coal for power generation.

India’s largest solar power plant switched on

Project at Rajasthan has a capacity of 50 megawatts.

“Burning ice” to boost Japan’s power supplies

Huge reserves of methane hydrate off its coast to last for a century.

China Longyuan bids for Aussie wind farm

Australia’s Boco Rock wind farm drawing other heavy hitters.

Profit at Huaneng Renewables plunges 46%

Grid bottlenecks that limited power production the cause.

China to halt subsidies for massive solar projects

Will instead promote smaller solar projects in areas with power shortages.

Japan to become world’s second largest solar market by Q2

Will outstrip the USA by installing 5 gigawatts of new solar power capacity.