Staff Reporter

The World Bank expects to invest about $1.5 billion in India's energy sector over the next two years.

A dam and a coal-fired power plant will be built in the Philippines with the assistance of South Korea.

The Philippines' Alsons Consolidated is looking to build 200 MW coal-fired power facilities in southern Mindanao and dealing for possible partnerships.

Honeywell will work on Hoang Long Joint Operating Company's H-04 wellhead platform in the Te Giac Trang Field.

Mekong River nations will meet on December 7 to decide whether to endorse the project.

And guess how much funding SunEdison got from Overseas Private Investment Corporation?

STX Heavy Industries Co Ltd, an unlisted unit of South Korea's STX Group, said on Sunday it has obtained a $2 billion deal to construct and operate a large-scale industrial complex in Saudi Arabia. The complex comprises iron ore production and power generation plants, it said. Under the deal signed on Saturday in Riyadh, the Korean party will be responsible for the planning, engineering, procurement, construction, operation and management of the plants to be built in the Wadi Sawawin district of Saudi Arabia's northwestern city of Tabuk, STX said in a statement. The Saudi project also involves pelletising and desalination plants that are required to complete the proposed industrial complex, according to STX. STX said it will produce 5 million tonnes of iron ore annually from the Wadi Sawawin mine owned by National Mining Co, a venture firm that Saudi Arabia's Al Sharif Group and U.K.-based mine developer London Mining Plc established. The iron ore mine is estimated to have more than 125 million tonnes of commercial reserves, STX added. An STX spokesman declined to give further details about the project, including capabilities of the other plants.

Vietnam aims to promote industrial energy efficiency through steam and compressed air system optimization and adoption of energy management standards - ISO 50,001.

Adani Power Limited has will commence commercial operations at unit-2 of the Mundra thermal power plant by end of December.

NHPC Limited`s 45 MW Nimoo Bazgo hydroelectric project t has already suffered incessant delays owing to constrained supplies of the crucial electo-magnetic parts.

The Phongsubthavy Road and Bridge Construction and Dongfang Electric International Company have agreed to build hydropower plants with a combined installed generation capacity of over 88 MW.

Khazanah Nasional, the sovereign wealth fund of the Malaysian government, plans to invest in India, including the latter's energy sector.

Indian Prime Minister Manmohan Singh has discussed ways to implement the civil nuclear deal with US President Barack Obama.

Australian Capital Territory is launching a new incentive scheme to promote large-scale solar in the state to help install projects totalling up to 210MW.

China Sunergy is shifting capital spending to its ‘Quasar’ selective emitter monocrystalline-based cell technology.

GCL-Poly will install 1GW of solar capacity in Shanxi province and is eyeing Datong City for its project location.