JA Solar Holdings Co., Ltd. JASO, one of the world's largest manufacturers of high-performance solar power products, today announced that JA Solar and Jinglong Group, a related party of JA Solar, have secured a RMB 550 million credit facility from the Bank of Communications of China. Of the credit facility, RMB 250 million (US40.8 million) will be available to JA Solar and RMB 300 million (US48.9 million) w ...

Global wind and solar developer, Mainstream Renewable Power and Japanese Trading Company Marubeni Corporation today agreed a €100 million equity investment deal which sees Marubeni gaining a circa 25% holding in Mainstream. The deal, which is subject to shareholder approval, represents the largest single equity investment in the company's five and a half year history. As part of the agreement Marubeni obtai ...

The operator of Japan's crippled Fukushima nuclear plant has given its first public estimate of the size of the leakage of radioactive tritium into the Pacific Ocean since the disaster. Between 20 trillion to 40 trillion becquerels of the substance is estimated to have leaked into the sea since May 2011, said Tokyo Electric Power Co (TEPCO). It was the first such figure TEPCO has released since a massive ts ...

According to Navigant Research, North America and Asia Pacific lead the world in terms of geothermal power projects in the final stages of development, with 56 reported projects in either active drilling or construction stages. Nearly all of these projects are in the US, the Philippines, and Indonesia. "More than 4 gigawatts of geothermal power capacity are expected to come online worldwide between 2013 and ...

Poyry has been awarded the owner's engineer services assignment for the Van Phong 1 2x660 MW coal-fired power plant project in Vietnam by Sumitomo Corporation. Van Phong 1 is a coal-fired power plant project consisting of two similar blocks, each block including a once-through pulverised coal fired steam generator and a steam turbine. The project will use supercritical steam values, which improves the plant ...

South Korea's Hyundai Heavy Industries (HHI) said Monday it had won a $3.3 billion order to build a steam power plant in Saudi Arabia. Under the deal signed on Sunday with Saudi Electricity Co., Hyundai will complete the massive facility with a production capacity of 2,640 megawatts by 2017, the company said in a statement. The plant will be located 135 kilometres (85 miles) north of the southwestern Saudi ...

BioteQ Environmental Technologies Inc., a leader in industrial wastewater treatment, has signed an agreement with joint venture partner Jiangxi Copper Company (JCC), the largest copper mining company in China, to build a water treatment plant at the Yinshan Mine site. The Yinshan Mine is an active copper mine located in southeast China approximately 30 km from the Dexing site where the joint venture has exi ...

Ayala Corp (AC) has signed up for another coal project that GNPower is building in Lanao del Norte. In a disclosure to the Philippine Stock Exchange, AC said its wholly-owned subsidiary, AC Energy Holdings Inc, signed a joint venture agreement with Power Partners Ltd Co for the development of a 405-megawatt coal power plant. Terms of the agreement were not disclosed. Power Partners, together with Sithe Glob ...

Japan's nuclear regulator says radioactive water from the crippled Fukushima power plant is probably leaking into the Pacific Ocean, a problem long suspected by experts but denied by the plant's operator. Officials from the Nuclear Regulation Authority said a leak is "strongly suspected" and urged plant operator Tokyo Electric Power Co. to determine where the water may be leaking from and assess the environ ...

Electricity price in Vietnam will go up by 5 percent starting today, August 1, following a recent decision of the Ministry of Industry and Trade, according to the state-run Electricity of Vietnam Group (EVN). Accordingly, the price will inch up VND71.85 per kWh to VND1,508.85 per kWh on average, EVN said, citing the ministry’s written approval to EVN’s proposal on the matter. Under the new pricing scheme, t ...