Staff Reporter

Philippine power producer First Gen Corp is exploring all possible financing optionsto fund two hydro power projects worth about 8 billion pesos or $185 million. This include selling debt and equity.

Japanese cabinet ministers will pursue an easing of rules on building geothermal, wind and hydraulic power plants to boost renewable energy use after the Fukushima nuclear crisis, according to Reuters, citng a Nikkei report.

 China's 2020 nuclear capacity targets are likely to be scaled down as the country imposed a moratorium on new project approvals.

Officals of China's State Electricity Regulatory Commission expect the country's power shortfall in the coming winter and spring to  be less severe than during the summer.

Japanese nuclear experts are considering widening the evacuation zone in the event of a nuclear disaster, according to a Reuters report.

Bangchak Petroleum expects to lose about 80-100 million baht or $2.5-3.2 million in monthly revenue due to floods that forced it to temporarily shut its biodiesel and solar power plants.

Tenaga Nasional Bhd wants to raise funds for a coal power plant by establishing a RM5 billion Islamic Securities Programme in nominal value through an independent special purpose company, Manjung Island Energy Bhd.

Capacity will fall somewhere between 60 and 70 GW, as some projects will have to be scaled back, says the China Nuclear Energy Association.

It was only $33 billion in the same quarter last year.

The transaction is then expected to be finished before the year ends.

LDK Solar has signed an engineering, procurement and construction contract for a solar project in Zhangye, China with Guodian Longyuan Zhangye New Energy.

Trung Nam Power will sell emissions from its Dong Nai Hydropower Plant No 2 to Germany’s Deutsche Bank to for the first 10 years of its operation.

Vietnam Development Bank has been approved Deputy Prime Minister Vu Van Ninh to sign a credit commitment letter to borrow $1 billion for wind power development in the Mekong Delta region in 2011-2015 period.

Sunpreme has closed over $50 million in loans to fund the construction of solar facility in Jiaxing, China.

Standard & Poor's lowered its ratings on Shikoku Electric and J-Power to 'A+' from 'AA-'

Coal India has asked the government to scale down its production target for the 2011-12 financial year to 448 million tonnes from 452 MT.