Marubeni Corp,  Japan’s biggest investor in electricity outside of utilities, agreed to study building power generation plants in Southeast Asia with a unit of Thailand’s state-owned PTT Plc. Marubeni and PTT’s Global Power Synergy Co. (SYNG) will evaluate adding power stations in Myanmar, Laos, Vietnam and Thailand, PTT Chief Financial Officer Surong Bulakul said by phone today. Tokyo-based Marubeni and Gl ...

Goldman Sachs, the New York-based bank planning as much as 300 billion yen ($3 billion) in renewable energy investments in Japan, is eyeing offshore wind power after building up holdings in more established clean energy sources such as solar. Japan Renewable Energy Co. was set up by Goldman in August after Japan began offering above-market rates to producers of clean energy. The incentives, or feed-in tarif ...

UK fuel cell developer Intelligent Energy could be on the brink of opening up a major new market for its technology, after inking an agreement with Microqual Techno Limited to explore the use of fuel cells in the fast expanding Indian telecommunications industry. The two companies yesterday signed a Memorandum of Understanding that could pave the way for a major deal, which would see Intelligent Energy prov ...

South Korea on Thursday fired the head of the state-run company that oversees the country's 23 nuclear reactors over a forged documentation scandal that has shut a host of those reactors down. Korea Hydro and Nuclear Power president Kim Kyun-Seop was dismissed from his post for the scandal involving parts provided with fake safety certificates, the Ministry of Trade, Industry and Energy said in a statement. ...

EVN has predicted that the additional charge is believed to reach 384 million kwh a day in June. The biggest capacity hovers around 19,600-19,900 MW. Since it is now the dry season, EVN plans to prioritize to use the electricity to be churned out by coal run and gas turbine run thermopower plants. The electricity mobilization from the plants would be reduced when floods appear which would allow higher level ...

ABB Ltd. investors, reeling from Chief Executive Officer Joe Hogan’s announcement last month to step down, want a more frugally-minded replacement to integrate the $10 billion worth of U.S. acquisitions he left behind. Hogan’s three-year spending spree added motors and low-voltage gear to the world’s biggest supplier of power grids. While the deals boosted profitability and helped ABB’s shares to outperform ...

Redes Energéticas Nacionais has signed a technical consultancy agreement with the Jibei Electric Power Company, which belongs to the State Grid Corporation of China (SGCC), for the integration of wind energy into the Chinese transmission grid. This agreement is part of the Wind Power, Photovoltaic, Energy Storage and Transmission Pilot Project (WPST), a larger project undertaken with the Chinese government ...

Toshiba Corporation today announced that Toshiba Hydro Power (Hanzhou) Co., Ltd. (THPC), a subsidiary in China, has won a major order from China's Sinohydro Resources Ltd. to supply three 80MW hydroelectric turbines and generators for the Nam Ou 5 hydro power plant on the River Nam Ou in Laos. THPC will design and manufacture the turbines and generators and start delivery in January 2014. The first unit is ...

The Electricity Generating Authority of Thailand (EGAT) has joined hands with the Royal Irrigation Department (RID) in order to lift the country’s capacity in power generation. After the signing of a MoU between EGAT and the RID, Sutat Patamasiriwat, Governor of EGAT, said the agreement was to develop two power plants located in Uttaradit and Lampang provinces, with a capacity of power generation of up to 8 ...

Japan's Marubeni Corp is set to supply electricity and steam to huge petroleum-related complexes in Saudi Arabia, as part of a project involving state-owned oil company Saudi Aramco, Kuna has reported. The project will involve installing cogeneration power systems at three complexes in eastern Saudi Arabia to generate a combined 840,000 kW of power and 1,478 tonnes of steam an hour. Total costs are estimate ...