Staff Reporter

Solar investment target set at US$39.5 billion

Solar investment target set at US$39.5 billion

China expects investments in solar power to hit US$39.5 billion by 2015 and a huge rise in the sector’s employment.

Hawaii and China to partner in clean energy

Hawaiian Governor Neil Abercrombie and Secretary General Xu Hubin of the China Council for the Promotion of International Trade have signed an agreement to jointly pursue clean energy projects.

Japan to banish nuclear energy by 2040

Japan will shut down its nuclear energy sector by 2040, ending a heavy reliance on a power source that provided a third of its energy until 2011.

China in huge RE investment in Estonia

Jilin New Energy Investment Company Ltd plans to invest US$168 million in renewable energy projects in the Republic of Estonia in the Baltic Sea region.

China shifting to higher quality turbines: Vestas

China’s wind park developers are now seeking higher-quality turbines rather than just picking the cheapest machines.

Government power generation comes short in Bangladesh

The government of Bangladesh is continuing to tap entrepreneurs to set up private power plants.

India's Lanco to set up Bangladesh's Bhola Power Plant

The Bangladesh Power Development Board has engaged Indian firm Lanco for setting up of the Bhola 217.9 MW gas-fired Combined Cycle Power Project.

JREF to pioneer Japan’s paradigm shift towards renewable energy

Newly-founded Japan Renewable Energy Foundation has put forward a proposal for a new energy policy 2030 focusing on a wide deployment of renewable energy.

Australia not ready for commercial geothermal production: Report

A report indicated that Australia is not yet ready for commercial geothermal production, although an expansion in production capacity of over 0.075GW will be achieved by 2022.

Japanese agency may finance Bangladesh coal-fired plants

The Japan International Cooperation Agency is contemplating of financing two coal-fired power plants to be set up in Bangladesh.

Indian states left to decide power distribution model

Indian states may choose between the Public Private Partnership model and the Franchise Model in power distribution.

India to craft guidelines for offshore wind power

India's Ministry of New and Renewable Energy is contemplating policy guidelines on it for the copuntry's offshore wind power sector.

India's PM wants comprehensive review of energy policies

Prime Minister Dr. Manmohan Singh may implement a major revamp of the India’s energy policies.

Indian power-savings firm may get IFC funding

The International Finance Corporation may help an Indian power-saving solutions firm named Ecolibrium Energy raise up to US$ 1.5 million.

Solar investment target set at US$39.5 billion

China expects investments in solar power to hit US$39.5 billion by 2015 and a huge rise in the sector’s employment.

Bidding for Philippine thermal plant designed to fail?

PSALM's offer of P348.91-million for the one-year operation of the 145.8-megawatt Naga thermal power facility in Cebu was found to be exorbitant by some bidders.

Basic Energy gets 3 Philippine geothermal Contracts

Basic Energy won three geothermal service contracts that enables it to explore energy resources in undeveloped areas.