News

US financial services giant Morgan Stanley has invested US$300 million in Zhaoheng Hydropower Co Ltd, the largest foreign investment yet in China's renewable energy sector.

Bangladesh's Rural Electrification Board will put up a Tk 54.13 billion mega project to bring 1.8 million more rural people under electricity coverage by 2015.

China is advocating an “energy club” with former Soviet Union states to open new sources of energy for its ravenous economy.

Perusahaan Listrik Negara will need 65 million metric tons of coal per year in 2014 to generate electricity steam.

Indonesia will raise the price of electricity from three types of renewable energies to encourage the country's overall renewable energy production.

Malaysia's Tenaga Nasional Bhd has been selected by the Bangladesh Power Division for the installation and operations of a 1,320MW coal-fired plant in that country.

Gamesa will supply turbines for a proposed 48MW wind farm project being built by the Longyuan Group at Jiangkou, in China's Fujian Province.

Japan will announce its new national energy policy next week that will confirm its inability to wean itself from nuclear power.

Wika Jabar Power is looking for a partner for its 40-megawatt geothermal power plant project in Sumedang, West Java.

The ADB clarified that it has remained committed with the $12 billion Diamer-Bhasha Dam project.

India was considering exporting 500 megawatts of electricity to Pakistan, according to a twitter message by India’s Ambassador to the United States Nirupama Rao.

Thailand will inaugurate a new solar power plant as part of the ADB-funded Lopburi solar project.

Vietnam's looming power shortage is expected to worsen despite a drop in demand.