In Focus
Japanese renewable energy subsidies spark investment boom
Japan's subsidies for renewable power providers could lead to huge investments amounting to some US$640 billion by 2030.
Japanese renewable energy subsidies spark investment boom
Japan's subsidies for renewable power providers could lead to huge investments amounting to some US$640 billion by 2030.
China to force grids to buy renewable energy
China will soon require its major electricity grid companies to source up to 15% of their power from renewable energy sources.
Yunnan's largest hydroelectric dam starts power generation
The largest hydroelectric project on the Upper Mekong River Basin, the Nuozhadu dam, has officially began generating power.
Solar energy adds 258MW to Indian grid
India’s national initiative to promote renewable energy has boosted its photovoltaic capacity by 255MW and its concentrated solar power capacity by 2.5MW.
Indonesian, Chinese firms to build 1,240MW South Sumatra power plant
Indonesia's PTBA and China Huadian Corporation plan to set up a joint venture company to build and operate a a 2x620 megawatt coal-fired power plant in South Sumatra.
Japan needs $637B renewables investment to end nuke power
Japan needs to invest at least ¥50 trillion or US$637 billlion in renewable energy by 2030 in order to phase out nuclear power.
Japan to more than quintuple renewable energy capacity by 2030
A new national strategy will increase Japan's renewable energy capacity by a massive 555%.
CNOOC asks Canada to approve Nexen takeover
China National Offshore Oil Corporation has formally requested the Canadian government to approve its US$15 billion offer for Nexen.
Japan's electricity rates surges with thermal power
Tepco raised household electricity rates by an average of 8.46 percent to help pay rising fuel costs from thermal power generation.
Japan's renewable energy plan eliminates nukes
Japan unveiled a new power generation strategy that will boost capacity by more than sixfold for four renewable energy categories by 2030.
Softbank, Mitsui to build Japan’s largest solar plant
Softbank Corporation and Mitsui & Company have signed a contract to build and operate a 40 megawatt solar power that will be Japan’s largest.
India, China to co-develop Indonesian energy projects
India’s Reliance Power Ltd and China Datang Corporation have entered into a strategic partnership to develop and operate power and energy projects in Indonesia.
Australia claims leadership in rooftop solar
Coal-rich Australia says it installed 785 megawatts of rooftop solar power in 2012, making it world leader in this category.
Corporate Japan backs renewable energy
Forty five of 109 major Japanese companies said renewable energy can adequately replace nuclear power as sources of electricity in Japan.
CNOOC profit plunges on rising costs
China National Offshore Oil Corporation said its net profit for the first-half of the year fell 19% to RMB 32 billion.
India’s Madras Atomic Station to resume operations
Two reactors of the Madras Atomic Power Station are scheduled to be restared by end of August.