Staff Reporter
Ho Chi Min City to invest $70M in bio-technology
Ho Chi Min City to invest $70M in bio-technology
Ho Chi Minh City will invest around VND1.4 trillion or US$70 million in bio-technology from 2010 to 2015, with 89 percent of the amount coming from state budget.
Moser Baer's 5MW solar farm in Jodhpur, India to power 70,000 households
Moser Baer has installed a 5MW solar farm, equivalent to powering 70,000 households, covering an area of 60 acres in Tinwari, Jodhpur district, India.
India's capacity addition not enough to help meet targets
The power capacity to be in India during the current financial year is not enough to meet revised targets in the 11th plan.
Strong demand boosts Asian solar stocks
Asian solar stocks surged on a spate of good news about results and prospects worldwide.
Philippines to do more bioenergy projects
President Benigno S. Aquino III was optimistic the Philippines will exploit more of its huge bioenergy potential.
Tepco not considering selling power plants
Tepco is not considering selling any power plants to compensate victims of its Fukushima Daiichi nuclear facility.
Tepco's gas use projection on record high to offset nuke loss
Tepco bumped up its gas use plans to a fresh record high to make up for lost nuclear output after the destruction of its Fukushima Daiichi plant.
Kowepo selects GE technology for IGCC power plant
Kowepo has selected GE technology for the first integrated gasification combined-cycle power plant to be built in South Korea.
Wärtsilä to supply 2 power plants to Bangladesh
Wärtsilä has been awarded two contracts to supply power plant generating equipment to Bangladesh.
India to test fast breeder reactor in September
India expects to conduct a systems test on its 500 MW Prototype Fast Breeder Reactor in September.
Japanese govt may take control of nuke plants from private utilities
The Japanese government may take control of the nation's nuclear power plants away from private utilities, in a bid to improve accountability.
China harnessing more offshore wind energy
China is building its largest intertidal wind farm in Rudong county, Jiangsu province.
Carbon tax to spark dispute between Chinese airlines and EU
Chinese airlines may sue the EU as they refuse to impose surcharges on customers relating to the emissions tax.
Banks to discuss lending 1 trillion yen more to Tepco: report
Tokyo Electric Power Co Inc's (9501.T) main lenders will begin talks this week to decide conditions to lend Japan's biggest utility, also known as Tepco, an additional 1 trillion yen ($13.01 billion), at the government's request, business daily The Nikkei said. Sumitomo Mitsui Financial Group Inc (8316.T) unit Sumitomo Mitsui Banking Corp and other financial institutions have already infused funds in Tepco, including about 2 trillion yen in emergency financing last spring, the daily said. The government plans to inject 1 trillion yen in public funds to help Tepco pay for decommissioning reactors at the crippled Fukushima Daiichi nuclear power plant and have private sector financial institutions provide about 1 trillion yen in working capital financing, Nikkei said. Tepco and the government-backed Nuclear Damage Liability Facilitation Fund have indicated to financial institutions that they plan to restart the Kashiwazaki-Kariwa nuclear plant in about two years, the daily said. If nuclear plants that have been idled since the March earthquake and tsunami cannot be brought back online, Tepco's earnings would take a hit because it would need to rely more on fossil fuel, Nikkei said.
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