News

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 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.

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

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.

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.

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

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.

CER signed a US$10.9 million contract with Wengfu Co., Ltd. to retrofit a heat energy recovery system into an existing sulfuric acid plant. The plant is at the company's Fuquan City facility in Guizhou Province, China. CER's heat recovery system will be capable of generating 960 tons of steam per day at 176ºC and 0.8MPa from operations at the plant. The steam will be used to supply power for the plant, reducing its demand for electricity produced from fossil-fuels. CER's installation is scheduled for completion in August 2011.

CER manufacture and install two, large-scale waste heat recovery systems for sulfuric acid production for Hubei Sanning Chemical Co.

China Resources Power’s total net generation, on a consolidated basis, increased by 18.4% to 7,628,074 MW in October.

Gamesa’s wind turbines sales totaled 1,600 MW with 38 per cent coming from Asia.  The United States accounted for 22 per cent of sales. Revenues in services amounted to 227 million euro.

BP estimated is seeking funding from the Australian Government for its new solar energy project in New South Wales. The company estimated it will cost more than US$600 milliion.

Power Finance Corporation Ltd and Nuclear Power Corporation of India Ltd signed an MoU to set up nuclear power projects in India. The Memorandum of Understanding was signed by Mr. Satnam Singh, Chairman and Mnaging Director, PFC and Dr. S.K. Jain, Chairman and Managing Director, NPCIL. 

General Electric wants to expand in Vietnam after putting into operation the Hai Phong wind turbine factory.

EAB got approval from local authorities to invest in the wind power project in the Vinh Chau district, Soc Trang province.

Chinese and South Korean firms want to invest in the $2.1 billion coal-fired power plant in Quang Ninh province. It is being built by the United States-based AES Corporation and its Vietnamese partner Vinacomin.