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EVN to still by electricity from China

EVN earlier this year announced that it planned to buy 1.8 billion kwh of electricity from China, though the domestic output is believed to be more than enough to satisfy demand. 2015 will be the last year Vietnam buys electricity from China under a 10-year contract signed between EVN and the Chinese exporter. Vietnam began importing electricity from China 10 years ago when it lacked electricity for industr ...

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Trans-Asia Renewable Energy Corp. (Tarec) of the Phinma Group has secured the green light from the National Grid Corp. of the Philippine (NGCP) to connect its 54-megawatt wind farm to the main grid. Tarec is the first wind farm proponent to obtain such certification from the grid operator. Renewable energy companies, which are required to secure approval from the NGCP, must undergo various field testing to ...

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Japans third nuclear plant starts

Japan's nuclear regulator signed off on the basic safety of a reactor at a third nuclear plant on Wednesday, as the country inches toward rebooting its atomic industry more than four years after the 2011 Fukushima disaster. The decision will be a boost for operator Shikoku Electric Power Co, which relied on its sole Ikata nuclear power station in southwestern Japan for about 40 percent of its electricity ou ...

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Asia Solar boom on the horizon

Solar panel makers globally are preparing for their best year since 2011 when US-backed Solyndra Llc went bust, as China and Japan take advantage of falling prices to shift more of their energy production to clean power. Panel production is forecast to grow by almost a third this year, according to data compiled by Bloomberg. That’s a significant reversal for an industry that’s been crippled by its own exce ...

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Suzlon wins 90MW wind deal

The project, developed by ReNew Power, is located in Madhya Pradesh. According to Suzlon it will come online by March 2016. In a statement, Suzlon chairman Tulsi Tanti said: "The Indian renewable market will witness a quantum leap in the next few years. Suzlon is best positioned to capitalise on this opportunity with our 18 years of sustained market leadership and technology edge." According to Windpower In ...

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KFW to lend India $1.1 Billion?

German development bank KFW could lend India $1.1 billion for rooftop solar projects, on top of another loan it has extended to help the Asian country fund its ambitious green energy plans, India's top renewable energy bureaucrat told Reuters. Prime Minister Narendra Modi wants to quintuple India's renewable energy capacity to 175 gigawatts by 2022, making clean energy part of his fight against climate chan ...

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AES start Vietnam Coal plant

ARLINGTON, Va. The AES Corporation (NYSE:AES) announced that it has achieved commercial operation of its 1,240 MW coal-fired Mong Duong 2 power plant in Vietnam six months ahead of schedule. “Executing on our 7 GW construction program is the main driver of our cash and earnings growth through 2018. Beyond Mong Duong 2, we see a number of potential opportunities for AES in Vietnam, to help meet their rapidly ...

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Liberian energy minister visits Voith

Heidenheim, Germany. Last Thursday, Liberian Energy Minister Patrick Sendolo visited the technology group Voith to find out about the company's hydropower offering. In the process, the Minister also learned more about the status of the Mount Coffee modernisation, which is currently Liberia's only hydropower project. “I am delighted to have the opportunity to get my own impression of current activities on th ...

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Australian utilities IT investment to grow

The Australian Utility sector ICT spending growth will remain moderate at 2.0% five-year compound annual growth rate (CAGR) to 2018. IT investments by utilities companies remain focused on delivering cost savings and efficiency gains, but change is in the wind. Utility sector business priorities highlight the increasing importance of customer related initiatives. These changes are also reflected in the role ...

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KOMIPO wins new Hydro contract Indonesia

KOMIPO announced on May 5 that it has started construction of the Semangka Hydro Power Plant on Sumatra Island, Indonesia. This is the second development project in Indonesia, following the Wampu Hydroelectric Project in 2011. Indonesia's Semangka Hydroelectric Power Plant Project will have a construction period of two years and seven months from now and be completed in Sept. 2017. The project includes an e ...

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