Staff Reporter

Sri Lanka to minimize losses with new plant

Sri Lanka to minimize losses with new plant

Sri Lanka hopes to minimize financial loss incurred by buying electricity from private companies with newly-fired Norochcholai power plant.

ABB software utilized for Chinese power plants

ABB will provide asset management software solutions for CNNP’s extensive new-build nuclear power plant program. An agreement has been signed between the two entities.

Adani Power to raise capacity to 2000MW in India

 Adani Power is looking for acquisition of coal mines and power plants abroad.

A Brown subsidiary to fully acquire DMCI Concepcion

Palm Thermal Consolidated will buy 100 percent of the outstanding capital stock of DMCI Concepcion Power Corp. The former is a wholly- owned subsidiary of Brown Co. A Brown’s other subsidiary, Panay Consolidated Land Holdings Corp., will also acquire 30 hectares of land from DMCI Power, the parent firm of DMCI Concepcion Power. According to A Brown, the two agreements may only take effect once DMCI Power has complied “with certain conditions precedent, including obtaining the requisite corporate and regulatory approvals, and after the conduct of satisfactory due diligence.” The acquisition of DMCI Concepcion by A Brown would mean that the holding firm could take over the Consunjis’ planned coal-fired power project. DMCI Concepcion has a 100-megawatt coal fired power plant project in the pipeline. It was supposed to pursue the project in Iloilo as soon as it had firmed up energy supply agreements with the electric cooperatives on the islands of Panay and Guimaras.  A Brown announced that it will also acquire all the outstanding capital stock of Hydro Link—a newly incorporated company whose purpose is to engage, conduct and carry on the business of developing, constructing, operating, repairing and maintaining hydro-electrical plants and systems, as well as other power generating or converting stations.  

China targets 90 GW wind capacity in 5 years

China’s new five year plan for renewable energy will include pledges to boost wind power capacity to 90 GW. It also intends to dam the UNESCO protected Nu River in the southwestern province of Yunnan. According to the China Securities Journal, citing information obtained from China National Energy Administration, a draft of the plan which covers the 2011-2016 periods had already been submitted to other government departments for consultation.

Meralco to complete 12 power projects for 2010

Meralco hopes to complete 12 more electric capital projects for 2010, adding a total of 249 mega-volt amperes to its distribution substation capacity.

India explores offshore wind farms

India is exploring offshore wind power generation possibilities with land acquisition and environmental clearances proving to be increasingly difficult. With land acquisition and environmental clearances proving increasingly difficult for wind power projects, India is exploring the potential for offshore wind power generation.

India, China, Russia to develop energy cooperation

Russia, India and China have agreed to promote cooperation in energy security and ensure contact between their innovation centres.

CTDC acquires Linsun Renewable Energy

CTDC acquired a 100 per cent stake in Linsun Renewable Energy Corporation and its wholly-owned subsidiary Linsun Power Technology.

Taizhou constructs first of 38 solar plants

Construction of Taizhou City’s first solar photovoltaic power station has started. It is being supported by the central government with financial subsidies. The station is the first among the city’s four solar power plants that have been identified and approved by the Ministries of Finance and House and Urban-Rural Development as national pilot projects.

Schneider launches energy management product in Philippines

Schneider Electric has launched its EcoStruxure solution architecture designed to help businesses optimize their energy efficiencies.

Isotope technology eyed as dam leakage detector

Isotope techniques using atomic energy will keep further deterioration of Sri Lankan dams subjected to seepage and leakage. This was pointed out by Sri Lanka’s Minister of Power and Energy Patali Champika Ranawaka. “Isotope technology is a tool to detect leakage paths of existing dams to perform cost effective repair and modifications. Today most dams are subjected to leakage and seepage, while four dams are at high risk level, 10 are at medium level and others need intensified maintenance and this is possible with isotope technology,” said Minister Ranawaka. He added that it was possible to detect the leakage of Samanalawewa with the help of nuclear technology which is an important tool in this regard.

Sri Lanka mulls ocean thermal energy option

Sri Lanka is considering OTEC, or ocean thermal energy conversion, in the eastern deep-water harbour of Trincomalee. According to Lanka Online, Minister of Power and Energy Champika Ranawaka explained that it is part of the country’s renewable energy drive.

Malaysian act seeks to allow citizens to sell energy

Malaysia’s  feed-in-tariff mechanism  will enable individuals to earn income by selling electricity generated from renewable resources at home.

Yalaok South and Moorabool windfarms get approved

Planning permits for the Moorabool and Yaloak South wind energy facilities south of Ballan have been approved.

Alstom to upgrade BaoSteel air quality control system

Alstom will  upgrade the Electrostatic Precipitators of units 1 and 2 of the captive power plant of BaoSteel.

AREVA inks 2 deals with Chinese partners

A joint declaration between Farnce and China facilitated AREVA’s agreements with CGNPC and CNNC. The authorities of the two countries made a joint declaration in December 2009 authorizing CNNC and AREVA to enter into detailed negotiations. Anne Lauvergeon, AREVA CEO, and He Yu, China Guangdong Nuclear Power Corp or CGNPC Chairman, signed a long-term contract for the supply of 20,000 tons of uranium over a 10-year period. The contract is worth around 3.5 billion dollars. With Sun Qin, China National Nuclear Corporation or CNNC President, Anne Lauvergeon signed an industrial agreement on cooperation in the field of used fuel treatment and recycling. The document is the final step towards a commercial contract.