EnerNOC, Inc. (Nasdaq:ENOC), a global provider of energy management applications and services, has finalized an agreement with TransGrid, the New South Wales transmission network operator, to provide 35 megawatts (MW) of demand response capacity in the Sydney metropolitan area. Managing Director of TransGrid, Mr. Peter McIntyre, said the innovative demand management agreement between the two companies will ...

Sky Solar, a Chinese developer and investor in PV power plants, has been awarded a 10bn yuan ($1.6bn) credit facility from China Development Bank (CDB) to finance its growing pipeline of projects. Under the agreement, which runs until 2016, Sky Solar will have access to a range of CDB products and services including equity, debt, loans, leasing, bonds and securities. CDB will also provide priority financing ...

Welspun Renewables Energy Ltd, a subsidiary of Welspun Energy, has inked an MoU with Chattisgarh government for installing 100 MW Solar Power project, the company said in a press statement here. The MoU was signed in Raipur. "The project is to be commenced in 2015, entailing an estimated investment of Rs 1,000 crore," the company said. With this project WEL will achieve an annual CO2 emission reduction of 1 ...

A corroborative test recently begain at a Tokyo Electric Power Co. substation to send electricity to households through transmission lines made of superconductive materials, which have zero electrical resistance and can reduce power loss. The test in Yokohama’s Tsurumi Ward is the first in Japan involving electric power relayed through superconducting transmission lines before reaching households. The New E ...

Electricity of VietNam (EVN) is short of VND20 trillion (US$960 million) in funds targeted for work on electricity projects during the remainder of the year. According to EVN's report, the group has mobilised only VND54 trillion ($2.6 billion), which accounts for 73 per cent of its capital needs for 2012. EVN's 2012 development plan is part of a five-year plan that sets out targets on electricity production ...

Power generation and transmission firm Alstom T&D  said it has bagged two contracts worth Rs 176 crore from Power Grid Corporation. The first contract worth Rs 105 crore is for the supply, erection, testing and commissioning of 80 MVAR and 110 MVAR reactors for 765 kV substations located at Gaya , Ranchi , Dharamjaygarh  and Varanasi, the company said in a statement. The scope of the second order, worth ...

Southeast Asia's largest wind farm, with generating capacity of 103.5 MW and costing 6.5 billion baht, will start operating in Nakhon Ratchasima this month. The project is part of ambitious plans by Wind Energy Holding Co (WEH) for wind farms generating a combined 1,000 MW by 2020, said Nopporn Suppipat, the company's founder and director. Operated by its subsidiary First Korat Wind Co, this first wind farm ...

The Asian Development Bank has granted a $500,000 technical assistance to the Philippine government to promote and build the country’s wind power generation capacity under the bank’s Quantum Leap in Wind Power program. Energy Undersecretary Jose M. Layug Jr. said on Wednesday that the Philippines was one of the program’s recipient countries, together with Mongolia, Sri Lanka and Vietnam. The target was to b ...

China has approved a 1.4GW wind power complex in Baotou, Inner Mongolia – the first gigawatt scale project in the province. The Damaobayin project will include seven wind farms to be developed by different developers – Huadian, Guodian, Huaneng, Longyuan, CPI, Beijing Jingneng New Energy and local company Xiehe Wind Power. Total investment in the project is 13.6bn yuan ($2.18bn).Construction is expected to ...

South Korea has announced that it has shut down two nuclear reactors after it was revealed that some of the parts used were not properly tested. The Knowledge Economy Minister Hong Suk-woo made the announcement, Confirming that the parts had been had been issued with fake safety certificates, and subsequently installed. Hong Suk-woo was at pains to state that the untested components were "non-core" parts an ...