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Smart Grid: Asia Forum to Take Place in Hong Kong

A forum to discuss future strategies for the planning, optimization and delivery of Smart Grid projects in the Asia-Pacific region will be held in Hong Kong in 2013. The forum will bring together the APAC region’s foremost smart grid experts to debate and explore the core fundamentals needed to develop smart grid pilot projects through to national and city-level projects. This event will be a must-attend fo ...

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India to Punish Officials of States with ‘Personal Penalties’

Drastic measures are being taken in order to prevent more major power outages in India this week. On 31 July, the northern grid collapsed, and on 1 August, in a wider blackout, the northern and eastern ones did so, leaving nearly 620 million people without electricity. Reports have claimed that the blackouts were partly caused by power distributers overdrawing power. While there is a penalty for overdrawing ...

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Suzlon Maintains Full Year Revenue Guidance Despite Biggest Ever Quarterly Loss

Suzlon Energy has had to face the effects of a worsening economic environment, and have reported it’s biggest ever quarterly loss of 849 crore in April-June. Suzlon Energy, who produce wind turbines, have made fewer sales and have had to cope with rising interest costs and a wildly fluctuating currency. Sales rose a modest 9% to 4,770.66 crore, and chief financial officer Kirti Vagadia has admitted, "The fi ...

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Highest Falls in Mindanao to Host New Hydropower Project

Hedcor Inc has begun the construction of a new hydropower plant in the Philippines. This in order to address the rise in power demand on the Philippines’ second largest Island of Mindanao, and has added another project to the Philippines 34 hydroelectric power plants. The 7MW hydropower plant will be located at Tudaya, and will harness power from the Sibulan River and Tudaya falls, a 100-meter falls within ...

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Indonesia’s Perusahaan Listrik Negara Seeking $1 Billion Investment to Ensure Coal Supplies

The state owned electricity utility in Indonesia, Perusahaan Listrik Negara (PLN), is making plans to increase their stakes in domestic coalmines. The move is in reaction to suggestions that the country’s demand for coal will double in seven years. This pace of increase will have been influenced by the Indonesian government policies and targets to increase the country’s output of electricity. In a nation in ...

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Malakoff’s Tanjung Bin Expansion on Track for a 3,100MW Final Capacity

The 13th of August 2012 saw the first concrete pouring ceremony at the Tanjung Bin power plant. This ceremony supported Malakoff Corp Bhd’s claim that progress is running on schedule for the RM6.5 billion expansion of the coal-fired plant. “We are confident that Malakoff will be able to deliver the project on schedule and in the best quality based on the solid track record the company has demonstrated over ...

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South Korean Solar Companies Take Advantage of Chinese Reticence in U.S. Market

An escalating solar trade war may be leaving most Chinese companies reticent to invest in the lucrative American market, but two South Korean corporations are launching large-scale U.S. -based operations. In May this year, The US Department of Commerce (DOC) investigated Chinese companies for ‘dumping’ Chinese solar panels into the US market by selling them below cost price. The DOC subsequently enforced a ...

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Mitsui Teams up with Viridity Energy to Bring Smart Grid Technology To Asia

Mitsui and Co have made a massive investment in order to bring Smartgrid technology to the Asia Pacific region. The IT and engineering giant Mitsui & Co have teamed up with a US-based energy demand management specialist Viridity Energy, investing $15 million. Japan based Mitsui said that the deal still requires approval from the Federal Energy Regulatory Commission. If approved, it will secure the company a ...

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