Staff Reporter

Vietnam power sector to need annual investments of over US$6 B

Vietnam power sector to need annual investments of over US$6 B

Under the plan recently approved by the Prime Minister, electricity price shall be gradually adjusted according to market mechanism and is expected to be 8-9 cents per kWh in 2020. It is currently at about 6 cents per KHh.

Russia eyes on Central Asia's mass energy projects

Russia on Friday showed big interest in joining a project to build a gas pipeline linking Turkmenistan, Afghanistan, Pakistan and India, according to Xinhua News.

Ming Yang to construct wind farm for China Wind Power

China Wind Power has signed an engineering contract with China Ming Yang Wind Power Ltd for the construction of its wind farm project in China.

Japan bearing firm sees increased sales for wind generators

NTN Corp.expects sales of the devices used in wind-power generators to exceed target after the Fukushima disaster spurred demand for alternative energy sources.

Hyundai Heavy targets $300 M annual wind turbine sales to Chinese plant

Hyundai Heavy Industries expects annual sales of as much as $300 million from a wind-turbine factory in China as it bolsters clean-energy units to pare a reliance on making vessels.

Jindal Power to double generation capacity in India

Jindal Powerwants to acquire thermal power plants with a minimum capacity of 1,000MW to double its generation capacity in India.

Uttarakhand again raises issue of share of power from Tehri HEP, seeks 25% share in power from THDC

The power ministry has notified the Ministry of Home Affairs (MHA) about issue of share of power from the Tehri hydro electric plant (HEP) in place of equity participation in the undivided state of Uttar Pradesh (U.P), raised by the Government of Uttarakhand. Earlier, the state government had pointed out that assets and liabilities of Tehri dam should have been transferred to the state of Uttarakhand in accordance with the provisions of Uttar Pradesh reorganization act. The Ministry of Power (MoP) and the Government of India have given their consent to the claims of Uttarakhand and thus, requisite approval from MHA is to be obtained on these pending issues. 8Notably, Uttarakhand is entitled to 25% share in power from Tehri Hydro Development Corporation Limited (THDC), which as of now is not being given. The transfer of power from THDC includes 12% free power and the rest 13%, which has been allocated by the Centre, according to the Central Electricity Authority`s intimation. Further, the state needs to be compensated for non-supply of about 2,000 MU of power from THDC, out of a total 9,000 MU being generated since 2007-08. Also, the share of profit from THDC, amounting to Rs 72 crore, allocated to U.P so far is required to be transferred to state of Uttarakhand.  

THDC awaits approval for UPID land transfer for Dhukwa SHP

THDC is awaiting permission from the Government of Uttar Pradesh to use the land owned by the UP Irrigation Department for its Dhukwa small hydro project.

Mengdong Energy's polysilicon and solar grade silicon projects gets approved

The government of Inner Mongolia approved the 6000-ton polysilicon and 800MW solar grade silicon sheet projects undertaken by CPI Mengdong Energy Group.

Unit 2 of Liangcun co-generation plant passes 168-hr test run

Unit 2 of Liangcun Co-generation Plant of CPI Hebei Branch successfully passed 168-hour test running, during which average unit load reached 102.15%, equipment ran steadily with de-SOx and de-NOx systems commissioned simultaneously, and all operating indicators of the unit and systems reached or excelled original design value. So far, the 2×300MW units of Liangcun Co-generation Project have both been put into operation.   Liangcun 2×300MW Co-generation Project is a key project in Hebei province, CPI's first co-generation project in the capital city of Hebei and also the first project that CPI Hebei Branch put into operation since its establishment. Unit 1 has been safely and steadily operating for 137 days after it passed 168-hour full-load test running on April 18 this year.  

CA02 module successfully placed in Unit 1 of SDNPC

CA02 module in the NI of SDNPC Unit 1 was successfully put in place.

Financial woes take its toll on global renewable energy sector

The continuing sovereign debt crisis and government austerity measures in the market are weighing heavily on this sector, says Ernst & Young.

SANYO launches Solar Premium Installer Programme

It is the first dedicated support network of its kind for PV installers.

More Bangladesh land grabs feared due to rising demand for renewable energy

Rising demand for the dominant form of renewable energy worldwide – wood – could drive yet more acquisitions of land in developing countries where food insecurity is rising and land rights are weak, say researchers at the International Institute for Environment and Development. In a briefing paper published today (30 August), they warn that this new trend needs greater public scrutiny and debate.  Wood accounts for 67% of global renewable energy supplies, and many countries in the global North are increasing their use of it both to reduce their reliance on costly fossil fuels and to mitigate climate change.  Such countries are setting ambitious targets for using renewable energy, including biomass, but with demand for wood set to outstrip supply by up to 600% in some countries, and high tree growth rates in the tropics, investors are beginning to look South.  New tree plantations in developing countries that will be harvested to export wood could spell good news in terms of jobs, investment, climate change and conversation — if they are managed well.  But there is also a risk that plantations will displace poor and marginalised communities from land they have tended to for generations but have no formal claim over.  The paper, aimed at policymakers in both developed and developing countries, warns that rising demand for wood could harm food security and the livelihoods of the world’s poorest and most vulnerable people if governments lease large areas of land for fuel wood plantations.  “All eyes are turned to food and biofuels, but tree plantations for biomass energy may soon become an important driver in the global land rush,” says Dr Lorenzo Cotula, a senior researcher at IIED and co-author of the paper.  Duncan Macqueen, also a senior researcher and co-author adds: “Wood is a vital renewable energy source, and countries in the South should develop it for local energy security, not export it to fuel Northern energy deficits at the expense of their own people.”  

Mitsubishi, CCTI win Taiwan coal-fired plant project

Japan's Mitsubishi Heavy Industries and Taiwan's CTCI Corp have jointly won a full turnkey contract for three 800 MW coal-fired power generating units from Taiwan Power Co .

Price of electricity in Vietnam to be adjusted monthly

Vietnam Electricity plans to adjust its monthly pricing based on fluctuating costs such as US dollar exchange rate, changing fuel prices, and also the power output level from its plant.

How to deliver stakeholder confidence

A scenario: • You identify an attractive investment opportunity that requires its assets to perform safely and reliably . • You will be the subject of severe reputation and financial penalties should the plant fail to perform as contracted. • Your main contractor is fine on deliver but is stating they have some 400 global suppliers to whom they will subcontract equipment orders. • Safe and reliable delivery of the equipment is essential .Failure would have unacceptable negative impact on your brand and financial return. • You have substantial uncertainty ,substantial risk and hard questioning from your stakeholders How do you mitigate the uncertainty and lower the risk to retain the investments attractiveness to you and your stakeholder ? “Have we thoroughly evaluated all of our exposure to risk ?