News

Huaneng Power eyes power assets of parent company

Huaneng Power will buy a 30-percent stake in CNNC Hainan Nuclear Power from its parent company China Huaneng Group. According to the China Securities Journal, the transaction value totaled US$26.1 million. Huaneng Power also plans to strengthen its coal transport and storage capacity by acquiring a 50-percent stake in Shanghai Time Shipping from Huaneng Energy & Communications Holding, another subsidiary of China Huaneng Group, for US$159 million. Huaneng Power will finance the aforementioned acquisitions with self-owned funds.

Huaneng Power eyes power assets of parent company

Huaneng Power will buy a 30-percent stake in CNNC Hainan Nuclear Power from its parent company China Huaneng Group. According to the China Securities Journal, the transaction value totaled US$26.1 million. Huaneng Power also plans to strengthen its coal transport and storage capacity by acquiring a 50-percent stake in Shanghai Time Shipping from Huaneng Energy & Communications Holding, another subsidiary of China Huaneng Group, for US$159 million. Huaneng Power will finance the aforementioned acquisitions with self-owned funds.

Datang to develop 50MW PV plants in Shanxi

Datang Power will develop a photovoltaic power project with a total installed generation capacity of 50 megawatts in Shnaxi. According to China Knowledge, Datang International Power Generation Co. has signed an agreement with the government of Lingshi County, Shanxi Province about the project. It is the latest green energy project of Datang Power in response to the country's new energy development policy, which says the country will try to increase proportion of unconventional energy consumption in total to 15 per cent by 2020.

China speeding up clean energy development

China has approved several new hydropower projects, according to the National Development and Reform Commission.

China to add 15-20 GW annual wind power capacity

China is eyeing an additional 15-20 gigawatts of wind-power generating capacity annually in the next decade. This was revealed by the Chinese Renewable Energy Industries Association, according to reports by sxcoal.com. The country will likely have 40 GW of installed wind power capacity by the end of this year, up 60 per cent from 25 GW at end-2009, the association said in a statement. However, since China's wind-power capacity only accounts for less than 3 per cent of its total power-generating capacity, and wind power production only accounts for around 2 percent of its total electricity output, the association emphasized that the country's wind power sector still has much room for development.  

Inner Mongolia wind power up by 102%

Inner Mongolia generated a total of 11.50 billion KW of wind power in the first 3 quarters of this year. The generation went up by 101.32 per cent year on year, according to statistics released by the Inner Mongolia government. At the end of September, Inner Mongolia total wind power installed capacity reached 7.78 million kW up by 99.22 per cent year on year, the Interfax China reported. The Inner Mongolia government has plans to increase installed capacity another 2.22 million kW over the coming year. The region potential wind resources exceed 150 million kW, roughly half of China total exploitable onshore wind power. Wind power is now the second largest power generation source in Inner Mongolia after coal fired thermal power.

Reliance Power to double capacity of Rosa plant

Reliance Power will double the capacity its coal-fired power project in Rosa, Uttar Pradesh, to 2400MW. An additional US$1.33 billion investment will be made by the company. The plant is expected to be fully complete by March 2012.   According to ifandp.com, the project was originally meant to be a 600MW project, which was then scaled up to 1200MW  to make best use of the land available. The company is now looking to acquire additional land for the additional capacity. R-Power is expected to soon apply to the Indian government for the necessary clearance and finance will come from a consortium of banks led by IDBI Bank.   Power generation from the first 600MW phase of the project is expected to begin in a year’s time. The electricity will be supplied to the Uttar Pradesh Power Company Ltd under a Power Purchase Agreement.  

India set to miss power capacity addition target

India scaled down its set target of additional power generation capacity from 20,359MW to 18,600MW for 2010.

Nepal, Bhutan to export 2000MW to Bangladesh

Nepal and Bhutan have pledged to export hydroelectricity to Bangladesh.

Brahmaputra dammed for 510MW project

China has dammed the Brahmaputra River in order to begin construction of a 510-MW Zangmu hydropower project.

Myanmar may host Southeast Asia’s largest hydropower plant

Three Asian countries are studying ways to create Southeast Asia's largest hydropower project by generation capacity in Myanmar.

Vietnam, Laos discuss ways to strengthen hydropower cooperation

A symposium tackled measures to solve difficulties in hydropower cooperation difficulties between Laos and Vietnam.

Ming Yang, Hebei cooperate on wind projects

Ming Yang will with the provincial government of Hebei  on a series of proposed wind energy projects.

Jaitapur nuclear project gets environmental clearance

The Jaitapur nuclear project has received its environmetal clearance after  the Expert Appraisal Committee of India's environment and forest ministry.

Contact gets approval for $392M wind farm

Contact Energy has won its appeal to build a US$392 million wind farm near Dannevirke in a $147,000 legal battle.

Macarthur Wind Farm to be Southern Hemisphere's largest

Keppel Prince will produce wind towers for the Macarthur Wind Farm in making it the largest in the southern hemisphere. As reported by yes2renewableenergy.wordpress, Victoria's Premier John Brumby pointed out that Labor’s wind energy policy is keeping jobs in regional Victoria – in stark contrast to the Liberal Party’s wind farm policy, which would drive investment and jobs, such as these at Keppel Prince, interstate.   Under the Victorian Climate Change White Paper, released in July, Labor has committed to a nation-leading target to cut greenhouse gas emissions by at least 20 per cent by 2020. “Our plan is expected to generate up to $10 billion in investment in Victoria and these 100 jobs represent the start of a clean energy jobs boom for regional Victoria,” sasy Brumby. Mr Brumby said Macarthur was one of 27 wind farms approved in Victoria and would build on the eight large wind farms already operational in Victoria. These wind farms have already created more than 1000 jobs in Victoria and will create at least a further 4,700 jobs as they progress.

Macarthur Wind Farm to be Southern Hemisphere's largest

Keppel Prince will produce wind towers for the Macarthur Wind Farm in making it the largest in the southern hemisphere.

Carnegie's CETO 3 on track for 2010

Carnegie's wave energy CETO 3 deployment and testing is on track to be completed as scheduled on 2010. The  single unit deployment and testing at Garden Island will consist of an autonomous CETO unit, hydraulic energy dissipation system and instrumentation buoy. The hydraulic and instrument buoy avoids, in the first instance, the investment required for a physical connection to shore for the initial single unit installation. Carnegie’s CETO technology is capable of generating zero-emission power and desalinated freshwater. CETO 3 is Australia’s first commercial scale wave energy unit and the buoyant actuator is the CETO technology’s energy collection system. The successful completion of the CETO 3 testing process will allow Carnegie to proceed with its first grid-connected commercial wave power project and deliver Carnegie its first revenues from power sales. This will then be followed by the roll out of CETO projects at the most prospective sites internationally and in Australia.