News

Provincial authorities approved Ningdong Wind Power’s plan to build a 49.5-MW wind power field in Ningxia province. According to reports by yicai.com, maximum investment in the project is US$72 million.

Indonesia plans to more than double coal production to 560 million tonnes per year by 2025. Out of that number, 300 million tonnes per year will be allocated to the domestic market and the remaining 260 million tonnes per year will be exported, ArgusMedia reported.

Gansu will buy power coal from Xinjiang and Ningxia, to ensure supply to power plants inside the province.

India's Environment Ministry has given in-principle clearance for Naveen Jindal-led Jindal Power's US$2.9 billion expansion project in Raigad.

Charanaka in north Gujarat is destined to become the state’s hub of solar power generation. Solar panels will be laid on close to 3,000 acres of land in this village , where the state government is going to set up a ' Gujarat Solar Park . at an investment of US$1.77 billion. Gujarat Urja Vikas Nigam Ltd or GUVNL, is currently in the process of entering into long term power purchase with agreements with 80 solar power project investors to commission almost 1,000 MW of generation capacity. This capacity will help procure 1,700 million units of environment friendly electricity per annum. Many of these 80 developers will set up their generation facilities ranging from 1-45 MW units at Gujarat Solar Park. In first phase, developers will commission 500 MW of generation capacity at the park. The Centre's National Solar Mission aims to install 1,000 MW of grid solar power by 2013, and 20,000 MW by 2022. Interestingly , Gujarat is the lone state which is in the process of inking power purchase agreements to procure 965 MW of solar power from 80 project developers to attract investments of US$3.32 billion in the next couple of years. The state government has already acquired 2,500 acre of land for the park. It is expected to have basic infrastructure in place by December, just ahead of the Vibrant Gujarat Global Summit, 2011.  

India will receive a credit line of around US$9.2 billion to fund supply of two EPR reactors and uranium. This will come from a consortium of French banks and institutions. French energy major Areva will be supplying to the reactors and fuel to the government-owned Nuclear Power Corporation of India Limited under two major deals for expanding the country's nuclear power generation base.

India is set to roll over to supercritical coal-based power generation mode this month.

Bharat Forge will invest US$421 million in its joint venture with NTPC. The plans are expected to be finalised by March-April. The company has already secured 100 acres of land in Sholapur to set up a plant with a capacity of 60,000 to 70,000 tonnes per annum. “The Bharat Forge NTPC JV is currently looking for technology partners for manufacturing high pressure pipes, pumps and valves, which are used in thermal power plants,” said Bharat Forge Chief Operating Officer Sunil Chaturvedi. Under the NTPC joint venture the company may have three to four more joint ventures with those technology partners.   

China Ming Yang Wind Power will provide 200MW for a government authorized wind farm project in the Hami area.

Yingli Green Energy will supply 70 percent of PV modules to the Gold Sun Program.

Hangtian MinJian New Energy Investment will purchase a 86.13 percent stake in Yingkou Wind Energy. Hangtian MinJian is a subsidiary of Fujian Mindong Electric Power.   Hangtian Minjian  will use no more than US$11 million to purchase 58.74 million shares of Yingkou Wind Energy at US$0.188 per share.   After the deal is completed, Yingkou Electric Power Development will own the remaining 9.46 million shares of Yingkou Wind Power, representing a 13.87 percent stake.   Yingkou Wind Power owns wind farms in Liaoning province. Its wind farms cover eight square kilometers and have installed capacity of 45 MW.   According to the board of Mindong Electric, the acquisition will enable the company to enter into the wind power market in Northeast China.  

GE will supply Bagngladesh with four gas turbine rental units that will begin generating commercial power in the first quarter of 2011.

The Philippines wants to get 80 per cent of its power in the next 20 years from renewable energy sources.

Austria is planning to extend cooperation to the hydel power and alternate energy development projects in Pakistan.

EuroSibEnergo's joint venture with China Yangtze Power  will develop hydro and thermal power projects in Siberia and the Russian Far East.