Vestas is suing two companies in India to recover funds that the turbine manufacturer says they owe through unauthorized deals made by its former chief financial officer (CFO). In October 2012, Vestas said it discovered that Henrik Norremark, who stepped down as CFO earlier that year, had entered into two agreements in India without permission from Vestas' board of directors. Vestas has filed lawsuits again ...

Korea Midland Power Co., one of six power generation subsidiaries of state-run Korea Electric Power Corp., is speeding up its overseas business expansion, backed by the success of its Cirebon power plant project in Indonesia. In April this year, KOMIPO inked a memorandum of understanding with the Indonesian government to construct and operate a large-scale hydroelectric power plant with a capacity of 284 me ...

European Union and Chinese negotiators reached an agreement to curb EU imports of solar panels from China in exchange for exempting the shipments from punitive tariffs. The accord would set a minimum price for imports of the renewable-energy technology from China. In return, Chinese manufacturers would be spared EU levies meant to counter below-cost sales, a practice known as dumping. The EU import taxes ta ...

The Slabi water treatment plant comes with a capacity of 50 million litres per day (MLD), and yet the irregular water supply in households from Mile 24 to 28 Old Kuching-Serian Road, as well as Taee and Bunga in Serian, remains unresolved. Highlighting this yesterday, state PKR vice chief See Chee How called on the authorities to look into the possibility of leakage given that low water pressure should not ...

In a major move to improve infrastructure in power transmission and provide dedicated feeders to agriculture sector, the State Cabinet on Thursday approved project proposals worth Rs 3,600 crore of the Energy department. This, the Government hopes, would effectively bring down the transmission and distribution loss from a staggering 40 per cent to 3 per cent. The department has planned to construct 520 sub- ...

Acta Power, a developer of hydrogen fuel cells, has announced that its energy systems will be put on trial by one of the largest telecommunications organizations in the Philippines. Acta has teamed with SMS Global Technologies, a technical support company, to facilitate these trials and show off the capabilities of its hydrogen fuel cells. Fuel cells have been gaining popularity in the telecommunications se ...

The government of Sindh has taken strong measures to capitalise on its wind power potential and has so far approved 26 projects, which will come online in the next one year and generate more than 1,000 megawatts of electricity. Presiding over a meeting at the Investment Department here, Sindh Board of Investment Chairman Muhammad Zubair Motiwala said Sindh was blessed with enormous potential for wind energy ...

Nepal hydro developer Tanahu Hydropower Ltd. invites expressions of interest from consultants to provide hydropower construction supervision for the 140-MW Tanahu hydroelectric project on Nepal's Seti River. Responses are due August 16. Tanahu (or Tanahun) originally was called the Upper Seti project, an estimated 127-MW plant that was among 10,000 MW of hydropower projects established as a priority over te ...

Australia's resources and energy minister has called on the country's uranium sector to increase development to meet growing global demand. "We need industry to commit to further development of new projects to ensure that our uranium production meets global demand, particularly as demand for uranium is likely to surpass current supply," Resources Minister Gary Gray said in a speech to the Australian Uranium ...

  Coal India Ltd (CIL) has signed fuel supply pacts with NTPC's 16 power plants and joint ventures, while 11 more agreements with the power major and its JVs are being processed. "CIL has signed 82 FSAs of 34,793 MW capacities. These include 11 FSAs with NTPC and 5 FSAs with its joint ventures. Besides this, FSAs in 6 cases of 4,480MW capacity with NTPC and 5 cases of joint ventures of NTPC are under p ...