The State Grid Corporation of China has made another foray into the overseas markets by inking a deal for a ultra-high voltage grid with Eletrobras, Brazil's largest state-owned power company, in Rio de Janeiro on July 17, reports the Chinese-language National Business News. Overseas assets of the State Grid Corporation have topped 100 billion yuan (US$16.1 billion), mainly in Brazil, Portugal, Australia, t ...

AIPEI, Taiwan -- Economics Minister Chang Chia-juch (張家祝) yesterday said he will ensure that the First Nuclear Power Plant will provide a stable flow of electricity, adding that the power plant will not suspend operations. Chang made the remark during his first visit to the Second Nuclear Power Plant for the 2014 nuclear safety drill in New Taipei. The minister said that as the Fourth Nuclear Power Plant (N ...

Doosan of South Korea, a conglomerate with $21 billion in 2013 revenue, just purchased the remains of bankrupt fuel-cell aspirant ClearEdge Power. The assets and debt sold for $32.4 million, according to the Yonhap News Agency, which reported that ClearEdge had 2013 revenue of $68 million. Dow Jones reports that the original bid was at a higher figure of $48 million, consisting of "$20 million in cash, up t ...

WASHINGTON: The Senate Foreign Relations Committee has approved an agreement on civilian nuclear cooperation between the US and Vietnam, as Washington looks to expand its relationship with its former Southeast Asian foe. The agreement approved Tuesday by the committee would allow US firms into Vietnam's expanding market for nuclear power. The US and Vietnamese governments reached the agreement last October, ...

  Dinh Quang Tri, Deputy General Director of the Electricity of Vietnam (EVN), noted that enterprises are importing coal themselves to run thermal power plants instead of relying on the Vietnam Coal and Mineral Industries Group (Vinacomin), the only domestic coal supplier. According to Tri, it was very difficult to import coal two to three years ago, when the world market was hot because of high demand ...

The GE GE -0.04% news helped boost fuel-cell stocks on Tuesday, with shares of FuelCell Energy Inc. rallying nearly 12% as the company announced a research grant to lower the cost of fuel cells. FuelCell FCEL +1.62% , a developer and operator of stationary fuel-cell power plants, said Tuesday that Germany’s Federal Ministry for Economic Affairs and Energy awarded it and a joint-venture partner 5 million eur ...

The Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) will complete privatization of all directly-under companies in Jan, 2015. By the end of June, 2014, Vinacomin has completed privatization of two units, including: Vinacomin - Material, Transport and Stevedoring Company Limited, Thai Nguyen Non-ferrous Metals Limited Company. Vinacomin-Power Holding Corporation Limited, ...

Alstom Grid has successfully energized the second High Voltage Direct Current (HVDC) turnkey project in South Korea, following the first also delivered by Alstom in 1997. The newly energized project, awarded in 2009, establishes a 400 MW HVDC bi-directional transmission line between Jindo and the island of Jeju. With 50 million people, South Korea is an energy-intensive nation, ranked eleventh worldwide in ...

Heights   Recently, the United States conducted a second "double reverse" investigation on Chinese solar companies, pushed them to the cusp once again. Friction constant tussle between countries reflects the global PV market competitive situation.   EPIA's data shows that in 2010 the composition of the global new installed capacity, Europe accounted for 80% of absolute dominance, while China, the ...

Sajjan Jindal's JSW Energy may be keen to acquire Lanco Infratech's 1,200 mw thermal power plant in Udupi, a person with knowledge of the matter said, even though the plant in western Karnataka was shut down last week amid a payment dispute between the operator and the state government. "Lanco's shutting down the Udupi plant is only temporary ... It continues to make a lot of strategic interest for JSW and ...