Power Utility
Vietnam utility suffers $723M loss
Electricity of Vietnam has an unsettled loss of VND15 trillion or US$723.2 million due to exchange rate fluctuations, says the State Audit.
Vietnam utility suffers $723M loss
Electricity of Vietnam has an unsettled loss of VND15 trillion or US$723.2 million due to exchange rate fluctuations, says the State Audit.
JinkoSolar expands Australian territory
JinkoSolar has opened a new office in Queensland, Australia that will serve as a sales and delivery centre, housing approximately 4-5MW of modules...
Reliance Power Q3 net up 42%, eyes 5,000MW operations
Reliance Power reported 42 percent net profit growth for the quarter ended December 31, 2011 at Rs 204 crore from Rs 144 crore a year ago.
Canadian uranium for China
China has a new and much needed source of the uranium to fuel its hungry nuclear power plants.
ABB to help develop solar power plants in South Africa
ABB will work with FG Emvelo to build power plants in Northern Cape province, South Africa.
Drop in China’s power consumption traced to industrial production plunge
There seems to be a hidden reason for a large reduction in China’s electricity use in January.
China power giants on buying spree abroad
China's state-owned power companies are on a buying spree abroad.
Japanese-built power plant in Java switches on
A new power plant completed ahead of schedule by the Japanese is now supplying Indonesia with 2,640 MW of badly needed electricity.
Sumitomo yet to make investment decision for Indonesia
Sumitomo Corp is merely conducting feasibility studies but has not made any investment decision on energy projects in Indonesia.
Indonesia's PLN ups income by 31%
Indonesia's PLN saw its income rise in 2011 by 31 percent to $23.7 billion from $18 billion in 2010.
Bosch committed to solar plant investment in Malaysia
Bosch will continue the construction of the solar energy plant in Penang, Malaysia at a later date.
Indonesia to hike electricity prices
Indonesians will pay more for electricity beginning April to help plug the country’s widening budget deficit.
Power outages to slow down China’s economy
China’s insatiable appetite for electricity plus a lack of coal are setting the stage for crippling power outages this year.
Tepco asked to explain rate rise
Japanese ministers have asked Tepco to justify a decision to raise the corporate electricity rate.
GVK Power to acquire thermal power plants in India
GVK Power is evaluating its option of acquiring two thermal power plants under construction in India by developers facing financial constraints.
Indonesia's PLN pursues geothermal supplies
PLN is eyeing a 50 percent stake in PT Pertamina Geothermal Energy to speed up geothermal supplies to PLN.
Kyushu forced to buy costly power after plant shutdown
Kyushu Electric was forced to buy costly power outside its usual suppliers due to an unplanned shutdown of its gas-fired plant.