India is looking to smart grid infrastructure to help tackle an out-of-control electricity theft problem and improve reliability. Theft costs the Indian power sector $16.2bn per year. India's government has already committed billions of dollars in funding for smart grid infrastructure and cumulative spending is forecasted at $21.6bn over the period 2015-2025, according to a new study published today by Nort ...

Trans-Asia Oil and Energy Development Corp., a unit of the Phinma Group, said it decided to surrender to the Energy Department the entire contract area of a 10-megawatt hydropower project in Buguias, Benguet. Trans-Asia said in a disclosure to the stock exchange it decided to surrender hydro service contract 2104-06-466 effective Feb. 13. “It’s not feasible,” Trans-Asia president Francisco Viray said, when ...

Renewable Energy Can Fuel India’s Economic Growth, Says IRENA Director-General India boasts some of the lowest development costs for renewable energy technologies worldwide New Delhi, India, 15 February 2015 – Scaling up renewable energy in India is the topic of the day as government officials, investors, and energy industry leaders gather in New Delhi, India to attend RE-Invest, the First Renewable Energy ...

A magnitude 6.1 earthquake shook southeastern Taiwan early saturday, the Central Weather Bureau said. No major damage was reported as of press time. The epicenter of the earthquake was at sea, about 33.6km east of Taitung County Hall at a depth of 18.4km, the bureau said, adding that the earthquake at 4:06am produced intensity readings of five in eastern Taiwan on the nation’s zero-to-seven seismic intensit ...

National Transmission and Dispatch Company Limited (NTDCL) and Korea Electric Power Company (KEPCO) have signed a consultancy contract for designing, engineering and construction supervision of 500 kilovolts (kV) Dasu-Islamabad transmission line. General Manager GSC Abdur Razzaq Cheema said Water and Power Development Authority (WAPDA) had identified 26 potential hydropower project sites in northern areas. ...

India – ExxonMobil Lubricants Private Limited participated at the 17th National Lubricating Grease Institute (NLGI) – India Chapter Annual Conference and showcased its expertly formulated comprehensive range of greases available in India. The conference, organized by NLGI - India chapter from Feb. 12th to 14th, 2015 in Mamallapuram, is a premier platform for grease-related industry stakeholders in India. Mo ...

ET Solar Energy Corp. ("ET Solar") announces that its subsidiary ET Solar Australia Pty Ltd has reached agreement on a A$20 million debt financing facility with Clean Energy Finance Corporation ("CEFC") for its business development in the Australian commercial solar market. ET Solar will provide up to A$13.3 million in equity, while the CEFC will provide up to A$20 million in senior debt, which will enable ...

Financing, land-acquisition and lack of proper policies are among challenges to India’s ambitious renewable energy projects, the Delhi Sustainable Development Summit (DSDS) run by The Energy and Resources Institute (TERI), early February, heard. India has begun rolling out widely acclaimed plans to add 100,000 megawatts of solar energy and 60,000 megawatts of wind energy to its energy mix by year 2022, but ...

APR Energy, the global leader in large scale, fast-track power, announced today that it has commissioned its mobile gas turbine power plant at Port Hedland, Pilbara, Western Australia. The plant features four state-of-the-art GE TM2500+ aero-derivative turbines running on clean-burning natural gas. The facility can be rapidly expanded by an additional two turbines as capacity requirements grow. Located in t ...

Alstom has been awarded a contract worth over €61 million by PT Pertamina Geothermal Energy to supply and install a 30 MW geothermal plant for the Karaha Power Plant in West Java, Indonesia. Alstom will design, supply, install and commission the entire power plant (EPC3 contract). The project will be delivered by the end of 2016. Indonesia, with its unique geology, houses the world’s largest potential geoth ...