Staff Reporter

Vietnam utility suffers $723M loss

Vietnam utility suffers $723M loss

Electricity of Vietnam has an unsettled loss of VND15 trillion or US$723.2 million due to exchange rate fluctuations, says the State Audit.

JinkoSolar expands Australian territory

JinkoSolar has opened a new office in Queensland, Australia that will serve as a sales and delivery centre, housing approximately 4-5MW of modules for the region.

Bihar to procure 450 MW from Essar Power

A levelised tariff of Rs 3.057 per unit for 450 MW power to be procured by the the state electricity board from Essar Power Jharkhand Limited.

Japan solar cells sales up 30.7% in Q4

Japan's sales of solar cells in Japan rose by 30.7% due to less fundctioning nuclear stations and government subsidies for solar products.

Bakrie Power to build 200MW thermal plant in East Kalimantan

Bakrie Power revealed oans to build a 200MW power plant in East Kalimantan, Indonesia at US$340 million.

Canada, China sign energy agreements

Canada and China agreed to boost bilateral investment and promote energy exports to China.

Restart of idled Japanese nuclear reactors crawl along

With practically all its nuclear reactors offline, Japan faces a serious power crisis this summer.

Two Japanese firms each plan 2-MW solar plant

Kokusai Kogyo and Orix Corp will each build a 2MW solar power plant in western Japan.

New Fukushima scare blamed on faulty thermometer

A scare over temperatures rising near danger level in a reactor at Fukushima Daiichi nuclear plant could be a false alarm.

Japan wants Tepco control in exchange for taxpayers' money

Nearly $9 billion in additional support has been approved for Tepco by the Japan's trade ministrey to help compensate victims of the Fukushima nuclear crisis.

ADB to increase investments in India's clean energy sector

ADB feels that it `should increase its financial investment for clean energy projects` in India.

Russia reassures Vietnam on nuclear reactor safety

Vietnam has nothing to fear about the safety of the Russian-made nuclear reactors to be used in its first nuclear power plant.

Laos to have 4 hydropower projects in 2 northern provinces

Laos will have four hydropower development projects in two northern provinces.

Jhabua Power invites BTG package bids for 660 MW supercritical unit

Jhabua Power Limited has invited bids for the Boiler-Turbine-Generator package for its 1x660 MW coal based JPL Seoni Project in Madhya Pradesh.

Toshiba commissions turbine plant in India

Toshiba is now ready to produce steam turbines and generatorsin India for super-critical thermal power plants in generating capacities ranging from 500MW to 1,000MW.

Reliance Power Q3 net up 42%, eyes 5,000MW operations

Reliance Power reported 42 percent net profit growth for the quarter ended December 31, 2011 at Rs 204 crore from  Rs 144 crore a year ago.

Expensive coal takes a heavy toll on Tata Power

India's largest private power producer saw its profits plummet by 40% mainly as a result of surging coal prices.