The world’s largest private investor in clean energy, Zheng Jianming, who has amassed about $20 billion in Chinese solar manufacturing assets, is considering seeking U.S. investments to fund his expanding energy technology ambitions. Zheng is the chairman and founder of Asia Pacific Resources Development (APRD), which holds the world’s largest collection of solar-manufacturing businesses. During a recent me ...

Following the financial closure of the combined cycle power plant project, rated 1,600 MW and located in Mirfa, 200 km west of Abu Dhabi, a series of contracts worth a total of EUR 350 million have come into force for Ansaldo Energia Group companies. Ansaldo Energia, working in a consortium with HDEC (Hyundai Engineering & Construction), will supply to the project company “Mirfa International Power and ...

As it enters middle age, the nuclear energy industry is facing a question common at this stage of life: Does it still have exciting possibilities for growth, or are its best days behind it? Optimists who see nuclear energy as an appealing low-carbon option for combating climate change praise its stability and reliability over decades of operating experience, as well as the cheapness and reliability of urani ...

Southeast Asian countries will invest $13.6 billion in smart grid infrastructure between 2014 and 2024, according to a new study by market intelligence firm Northeast Group. This investment will include smart metering and the modernization of electricity transmission and distribution networks with sensors, communications and software. By 2024, the largest markets will be Thailand, Indonesia, Malaysia, Singa ...

Taiwan on Tuesday unveiled plans to process nuclear waste abroad for the first time as its power plants reach capacity - but environment groups slammed the proposal as "too risky". The government is under growing public pressure over its unpopular nuclear policy as concerns over the safety of its plants have grown since the 2011 Fukushima disaster in Japan. Authorities were forced in July to seal off a new ...

India wants to increase its energy independence and is turning to windmills to help the cause. Windmills already generate power in 13 states, but the government is planning to double installed capacity in the next five years by putting up windmills in 500 new places across the country, helping to reduce India's dependence on fossil fuels. Locations are still being determined but with 7,500 kilometres of win ...

The Asian Development Bank (ADB) has signed a ground-breaking agreement in partnership with 13 banks to support Beijing Enterprises Water Group Company (BEWG) to promote high standard wastewater treatment and reuse in the People's Republic of China (PRC). The $288 million B-loan agreement, signed today, is the largest such loan arranged by ADB. The B-loan is part of ADB's financing package to the project, w ...

It was not exactly crossing Checkpoint Charlie, but the four Malaysian journalists who walked out of Siemens’ gas turbine manufacturing plant in Berlin into a cool drizzle, realised that it was a historical landmark. As we ended a three-day tour of the engineering giant’s gas and steam turbine operations in Germany, we took a hurried final look at the plant − or more specifically, towards the facade of one ...

The International Energy Agency Photovoltaic Power System Programme (IEA PVPS) on Monday published its 19th Trends in Photovoltaic Applications report examining PV market, industry, policy and research trends and activities as well as the integration of solar into the power sector in the 24 countries reporting to the IEA PVPS program. The IEA PVPS' participating countries include Australia, China, the Unite ...

The United States welcomes the agreement announced today between Afghanistan and Pakistan over transit pricing for the Central Asia South Asia electricity transmission project (CASA-1000). This marks an important step in bilateral relations between Afghanistan and Pakistan, and one of the first foreign policy achievements of the new government of national unity in Kabul led by President Ashraf Ghani and Chi ...