The Lingang offshore wind farm, which will use 17 Sinovel 6MW turbines, will be located around ten kilometers off the eastern coast of Shanghai Pudong New Area. The first phase will install 17 6MW turbines supplied by Sinovel. The total investment was estimated to be around CNY 1.76 billion ($285 million). The building will take about 19 months. Upon completion, the facility is expected to produce 275 gigaw ...

Suranan Chainawawichit, 49, has lived in the Bangkok district of Phaya Thai since 2001. As it is in central Bangkok, she thought she would not have to worry about blackouts. She was wrong.  "When there is strong wind or a sign of rain, I can guess that I might need to stop working for about an hour or so if the light goes out. Sometimes it feels insecure as my business relies on electricity,”... ...

While adopting solar power in developed markets usually weighs on utility incumbents there, Asia's players are likely to reap benefits, Bernstein Research said. In developed markets, increasing solar installations means the power grid sees declining demand for daytime power, dinging the "sweet spot" for selling electricity in competitive markets, Bernstein said in a note Monday. Distribution utilities, whic ...

Herbert Smith Freehills has advised State Grid Corporation of China, the world's largest public utilities company, on its US$3.5 billion Rule 144A/Regulation S senior guaranteed notes issuance in Hong Kong. The issuer's notes were offered in three tranches- US$1.25 billion 2.750% guaranteed senior notes due 2019, US$1.6 billion 4.125% guaranteed senior notes due 2024 and US$650 million 4.850% guaranteed sen ...

Another two power plants will be added to the grid system in order to secure the stability of the country’s electricity demand and to serve the forthcoming ASEAN Economic Community (AEC), according to the Electricity Generating Authority of Thailand (EGAT). Ayuuthaya’s Wang Noi power plant, which produces 768 megawatts of capacity, and Songkhla’s Chana power plant with 782 megawatts, are scheduled to connec ...

US energy and healthcare giant General Electric Company (GE) has proposed a Rs 2,340-crore open offer to acquire the publicly-held shares in Alstom India and Alstom T&D, following its $16.9-billion bid to acquire the global energy assets of the French multinational company. The conclusion of open offer is subject to a successful takeover by GE. Alstom has two listed entities in India with business inter ...

Minister of Economic Affairs Chang Chia-juch (張家祝) yesterday said the cost of maintaining each reactor at the Fourth Nuclear Power Plant has been estimated at between NT$1 billion and NT$2 billion (US$33.19 million and US$66.4 million) a year if Taiwan Power Co (Taipower, 台電) is ordered to halt its construction. The maintenance fees would ensure that equipment at the plant remains functional, in the event t ...

Denmark-based Vestas has secured two wind turbines supply contracts in the Asian countries of South Korea and the Philippines.   Vestas will deliver 21 V90-3.0 MW turbines for the second stage of EDC Burgos Wind Power's Burgos wind project located in Burgos, Ilocos Norte province, Philippines. The deal also includes installation and commissioning of the wind turbines, associated civil and electrical wo ...

Southeast Asia, with its high gross domestic product, escalating population and rural electrification drives, is energy-hungry. The region has enormous energy resources in the form of hydro, oil and gas and renewable, however, its electricity grids are unable to handle the additional loads. To better meet the soaring demand for electricity, utilities are investing in large-scale transmission and distributio ...

AziPac Ltd. is a newly established exploration and production company focussed on exploring for oil and gas in the maritime basins offshore the Asia Pacific region and the Bay of Bengal. AziPac is backed by Seacrest Capital Group, the global energy investor. AziPac will be headquartered in Singapore. Portfolio At launch, AziPac has secured a number of exploration licences in the Southeast Asian offshore and ...