Japan gave final approval to a recommendation to cut the tariff for solar power by 10% for the year starting April 1 to 37.8 yen (40 cents) per kilowatt hour for 20 years. The reduction marks the first rate change since the country started an incentive program for clean energy in July. Rates for other types of clean energy such as wind and geothermal will remain unchanged, the Ministry of Economy, Trade and ...

A Memorandum of Understanding has been signed between the Balochistan government and CK Solar Korea for installing a 300 MW solar power plant near Quetta, Provincial Secretary Energy Fuad Hashim Rabbani said on Saturday. The project will cost around $900 million and will be completed by 2016, he said, while addressing the media. Rabbani said the government has procured 1,500 acres of land in Khuchlak and Pi ...

A 5MW solar power plant of NTPC - the first non-conventional energy plant in the district - was inaugurated for commercial operations in the Dadri unit of the company on Saturday. The plant is also the first solar project of the public sector company to be commissioned anywhere in the country. Built at a cost of Rs 48.59 crore over an area spread over 27 acres, the plant is expected to generate around 7.26 ...

Engineering and construction company Larsen and Toubro Ltd (L&T) on Monday said it has secured an order worth Rs.5,689 crore from the Rajasthan Rajya Vidyut Utpadan Nigam Ltd for setting up a super critical thermal power project on a complete engineering, procurement and construction (EPC) basis. The order involves design, engineering, manufacturing, supply, erection and commissioning of two coal-fired ...

India’s National Thermal Power Corporation (NTPC) has shut down one 500 MW unit of its 3000 MW Kaniha power plant due to acute shortage of coal. The plant was sourcing coal from nearby Talcher coalfields of Mahanadi Coalfield Limited (MCL), a Coal India (CIL) subsidiary. The coal scarcity has also hit the capacity utilization of other five other units of the power plant, the second largest power complex und ...

Undeterred by the fluid political developments in Sri Lanka and Bangladesh, state-run NTPC said it was going ahead with its projects in those countries. The clarification came after a section of the media reported the company is losing projects to China. NTPC and the Sri Lankan team recently met in New Delhi to discuss changes to the power purchase agreement (PPA) and the implementation agreement for the 2x ...

Chinese solar equities have experienced a sharp decline in recent weeks as Suntech Power's recent bankruptcy has raised concerns that other Chinese manufacturers may be over-leveraged. Ticker Spy's Chinese Solar Stocks Index (CHSOL) has fallen over 35% in the past month. Research Driven Investing examines investing opportunities in the Chinese Solar Industry and provides equity research on ReneSola Ltd. and ...

The market for liquefied natural gas (LNG) in Asia faces uncertainty on a number of fronts, even as gas projects worldwide are seeking customers there, stated International Energy Agency (IEA) analyst Anne-Sophie Corbeau. Among the questions regarding demand from Asia are whether Japan will return to heavy use of nuclear power and how successfully shale gas can be developed in China. "There are optimists wh ...

Water resources and hydropower engineering company China International Water & Electric Corp. (CWE) is interested in building two small hydro power plants (SHPPs) on the river Zapadna Morava, in western Serbia, Belgrade-based media has reported. Visiting officials from the Chinese company agreed at a meeting with the mayor of the central town of Trstenik Miroslav Aleksic to notify their plans to the rel ...