Staff Reporter
Singapore takes delivery of first LNG shipment
Singapore takes delivery of first LNG shipment
LNG delivery broadens diversity in Singapore’s energy supplies.
China to eat-up more electricity this year
Coal to produce 80% of power.
Will amendments to bid norms jeopardazie private sector power investment in India
India is the fourth largest electricity network in the world with a gross generation capacity of 211 GW. The country which is growing at an average GDP growth rate of 6% plans to add 88,000 MW by the end of the current five-year plan (2012-2017).
UAE’s diversified approach to tackle challenge of power demand
The UAE continues to enjoy double digit real annual GDP growth rates, nearly of 10 percent, but facing a challenging task to quench the thirst of power demand.
Philippine FIT to begin in 2014
Solar power producers to be the first to benefit from new Feed-in Tariffs.
China invests US$8 billion in coal gasification project
Project at Xinjiang Uygur is one of four.China has also given its approval to huge coal gasification project. The National Development and Reform Commission has ratified four coal gasification projects with a total output capacity of 15 billion cubic meters and an investment of US$16 billion.China’s growing economy has been fuelled largely by coal power that has led to high pollution levels. Coal gasification, however, will become a key sector in China’s clean energy initiative.In 2011, global emissions increased by 1 billion tonnes, with 720 million tonnes attributable to China.
Suzlon Energy raises US$647 million to repay loans
Bonds used are backed by the State Bank of India.
India to be self-reliant in crude oil production by 2030
Government sets a goal of slashing crude oil imports by half by 2020.
Exploring the perfect market for energy and energy transition in Asia (Part 2)
Doing nothing is not an option.
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.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy