July 2015 - Pimagazine Asia
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Emerging markets climb up the top wind markets chart

Emerging markets are undeniably today's hot spot when considering wind power projects and there are clear indications that developing economies will soon dominate the chart with top markets to invest in. It is important to remember that renewable energy development in emerging markets follows a path very different from the one set by the centralised grids of the industrialised world. Renewables growth in de ...

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In India’s Hot Summer, the Solar Market Overheats

The land rush in the India solar power market has officially begun. This year analysts expect India to add two gigawatts of solar capacity, more than double the total added in 2014. Under the National Solar Mission, which calls for 100 gigawatts—about the total electricity capacity of Spain—of new solar power generation to be built by 2022, the government has begun to auction off 15 gigawatts of solar power ...

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Chinese solar power firm helps ease an energy crisis in Pakistan

Gao Xin knew little about Pakistan before he arrived there in April, only that the country enjoyed a close relationship with China and that it faced internal and external issues such as security and overcrowding. “My friends and family have asked me to take care, in terms of personal safety and the hot weather, but they know it’s a good experience for me, for my career,” he said. “My parents support my deci ...

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Navigant is latest to predict cost-competitive solar PV by 2020

cost-competitive solarcost-competitive solar The annual global market for solar photovoltaic (PV) installations will exceed $150 billion by 2024, as the technology shifts from a high-cost, subsidized source of electricity to one that is genuinely competitive with conventional fuels on a retail basis.cost-competitive solar That is the latest outlook from Navigant Consulting, whose new report Distributed Sola ...

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K-Electric told to explain blackouts

The show-cause notice was issued under Sections 28 and 29 of the 1997 Nepra Act and was filled with accusatory language, which suggested that the objective of the notice was populist action rather than abiding by a legal proceeding. K-Electric has been given 15 days to respond. The Nawaz administration has had a dispute with K-Electric almost since the day they came into office in May 2013. The government w ...

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Wind turbine makers aim for the sky

Wind turbine makers Suzlon is wrapping up the “last patch of paperwork” before launching its latest turbine, the S-111. Rival Gamesa has just begun selling its latest wind turbine, the G-114, and says it will begin serial production later this year. “The supply chain is being established,” says the company. Both firms have said their products will generate 20 per cent more power than their predecessors, at ...

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Vietnamese property developer Hoang Anh Gia Lai sells Da Nang-based HAGL Plaza Hotel

Vietnamese property developer Hoang Anh Gia Lai Group (HAGL) is learnt to have sold its five-star HAGL Plaza Hotel Da Nang to a company run by an Australian Vietnamese for $25 million, according to an industry executive familiar with the development. The transaction was sealed in April, this executive added. The HAGL Plaza Hotel asset, encompassing a 22-storey building and land, was changed into the new bra ...

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Cyient Acquires Pratt & Whitney Global Services Engineering Asia

Cyient Acquires Pratt & Whitney Krishna Bodanapu, Managing Director and CEO, Cyient Limited, said, "Cyient is very proud to further strengthen our long-term partnership with Pratt & Whitney today through this transaction, and is excited to welcome these highly skilled employees into the Cyient family. We are committed to growing our Aerospace aftermarket services in the region and expanding our reach into o ...

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Solar and wind sectors brace for subsidy axe, as Rudd insists grid-parity is near

Solar and wind sectors brace for subsidy axe, as Rudd insists grid-parity is near Speculation is mounting ministers will this week provide further details on their trailed "reset" of renewable energy support policies, with the solar industry fearing particularly steep cuts to a range of subsidies. In a wide-ranging hearing with the Energy and Climate Change Select Committee this morning, Rudd reiterated one ...

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The world’s biggest hydropower project may be causing giant landslides in China

biggest hydropower project A giant landslide near China’s Three Gorges Dam last night sent six meter waves crashing down on a fleet of fishing boats, leaving five people injured, and killing one. Dozens of residents near the Daning River, where the landslide took place, have been evacuated. The incident is only the latest natural disaster that critics believe the $59 billion mega-dam has caused, twelve year ...

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