The Japanese Minister of Economy, Trade, and Industry Toshimitsu Motegi, last week told power companies to embrace the government-led reforms to the industry, as utilities brace themselves for significant changes in the market restructuring. The first face-to-face meeting between an industry minister and top power industry officials since December 2010 came as the government gears up for a reform that encom ...

Alstom, in consortium with Sumitomo Corporation of Japan, has been awarded an EPC contract by Electricity Generating Authority of Thailand (EGAT) to build the 850 MW North Bangkok combined-cycle power plant (CCPP) block 2 and supply its equipment. Alstom’s share in this contract amounts to approximately €225 million. The contract was signed today in presence of Patrick Kron, Alstom’s CEO. Located in the nor ...

Suzlon Energy Ltd., India’s largest wind-turbine maker, received approval to put 66 units of its 2.1-megawatt turbine at the Cookhouse wind farm in South Africa. Suzlon, based in Pune, India, was selected to develop the project in the first round of renewable energy auctions held by the African nation in 2011, it said in a statement to stock exchanges today. The company, which said its lead bankers for the ...

Daewoo Shipbuilding and Marine Engineering Co., the world’s third-largest shipbuilder by revenue, said it will supply South Korea with 10 wind power turbines this year. Daewoo will supply the 2-megawatt capacity turbines to a joint venture with Korea East-West Power Co. The turbines will go to a wind farm project in Younggwang, southwest of Seoul, the company said in a statement. The project will generate e ...

China’s Suntech Power Holdings Co. plans to establish a solar panel factory in Uzbekistan, according to data published by the republic’s economics ministry on Monday. Suntech and Uzbekistan’s state energy company Uzbekenergo have signed a memorandum on setting up the $10 million joint venture for the project, to be set up in the Navoiy free industrial and economic zone, the ministry said, but did not clarif ...

Renewable Energy Corporation ASA (REC), the largest European supplier of solar panels, announced that it was the exclusive supplier of high-performance solar panels for two five MW solar power plants in the region of Gujarat, India, known as the 'solar energy hub'. "The historic blackout in India in late July 2012 identified the main problems of energy supply in India: a strong focus on fossil fuels and the ...

The Korea Midland Power Co. (KOMIPO), has an ambitious strategy for the next decade, seeking to emerge as a global brand for power generation by 2020. KOMIPO, is one of six power generation subsidiaries of the state-run Korea Electric Power Corp. (as explained in the recent South Korea edition of PI Magazine Asia). Their oversees ventures were consolidated when they launched the first unit of a coal-fired t ...

Abengoa SA (ABG), the Spanish company that’s developed desalination plants from Algeria to India, said it’s started commercial operations making salt water potable at the Qingdao facility in China. Abengoa began building the plant in 2010 and will operate and maintain it for 25 years. During this time, the company is forecasting revenue of at least 750 million euros ($1 billion) from the sale of water and a ...

The Desalination Plants in question sit in areas of acute water scarcity. Six years ago, three desalination plants were installed at Mulavukad, Kadamakudi and Chellanam panchayats at the behest of Harbour Engineering Department of the State government, spending Rs. 33.84 lakh. The Mulavukad Panchayat, which had installed a plant in its area, pulled the plug on power connection to the plant recently. The pan ...

Indian real estate major DLF today said it has sold the 150MW wind turbine project in Gujarat to Bharat Light and Power for Rs 282.30 crore as part of its strategy to exit from non-core businesses. DLF has wind power plants in four states with total installed capacity of 227 MW. This is the third major deal by the country's largest realty firm in last six months. In August last year, DLF had sold a 17-acre ...