Hong Kong billionaire Li Ka-shing is buying a Dutch waste and renewable energy company for 943.7 million euros ($1.3 billion), his company said Monday, as the infrastructure and utilities businesses of Asia’s richest man expand further internationally. Four companies controlled by Li including Cheung Kong Infrastructure Holdings Ltd. said they were teaming up to buy AVR-Afvalverwerking BV. The group said it ...

State-owned power utility Perusahaan Listrik Negara is seeking an additional 28 million metric tons of coal per year, after the government ordered it to build additional coal-powered plants with a combined capacity of 7,000 MW. “Every 1,000 MW of power capacity consumes 4 million tons of coal a year,” PLN coal director Helmi Najamuddin said on Friday. The government initially planned for an additional capac ...

The Korea Electric Power Corporation (KEPCO) is under fire for selling electricity at a price cheaper than its cost of production to multiple conglomerates. The Board of Audit (BAI) yesterday presented its audit report conducted from Sept. 20 to Nov. 23 last year into nine state-run corporations, including KEPCO and the Ministry of Trade, Industry and Energy. According to the report, KEPCO sold the electric ...

If the participation of 900 delegates – the largest to date – from around the world, representing governments, business, civil society and academia at the World Economic Forum on East Asia in Naypyidaw from June 5-7 was any indication, then Myanmar has successfully shown that the international community is ready to do business with it. Located strategically between two of the world’s largest economies, hold ...

INDO WATER EXPO & FORUM has renowned as Indonesia’s No. 1 Water, Wastewater and Recycling Technology Show. The 9th time of accomplishment this year, Indo Water Expo & Forum will commence from 3-5 July 2013 at Jakarta Convention Center, Jakarta - Indonesia. It is the preferred event where industry professionals attend to get updated on the latest trends and developments, source for new products and b ...

Semiconductor Equipment and Materials International (SEMI) has approved two standards submitted by manufacturer Trina Solar aimed at ensuring greater consistency across the PV industry. Trina Solar is the first PV company in China to lead the establishment of an international SEMI standard. The first standard is the ‘Specification for Packaging Protection Technology for PV Modules’ (SEMI PV44-0513), which a ...

Torishima Pump Mfg. Co., Ltd (“Torishima”) agreed to acquire a 50% interest in Fluid Equipment Development Company, LLC (“FEDCO”), a U.S-based manufacturer of pumps and hydraulic energy recovery devices, from its shareholder, and completed the transaction, on June 6, 2013 (June 5, 2013, U.S. time). FEDCO is the industry leader in the design and manufacture of innovative fluid machinery such as turbocharger ...

A group of scientists from the Ulsan National Institute of Science and Technology (UNIST), Korea, has developed a new metal-free fuel cell catalyst using edge-halogenated graphene nanoscale platelets. As a replacement for the expensive platinum-based catalysts this graphene application opens a way to affordable fuel cells. The research team of Profs. Jong-Beam Baek and Noejung Park of UNIST, and Prof. Limin ...

Marubeni Corp,  Japan’s biggest investor in electricity outside of utilities, agreed to study building power generation plants in Southeast Asia with a unit of Thailand’s state-owned PTT Plc. Marubeni and PTT’s Global Power Synergy Co. (SYNG) will evaluate adding power stations in Myanmar, Laos, Vietnam and Thailand, PTT Chief Financial Officer Surong Bulakul said by phone today. Tokyo-based Marubeni and Gl ...

Goldman Sachs, the New York-based bank planning as much as 300 billion yen ($3 billion) in renewable energy investments in Japan, is eyeing offshore wind power after building up holdings in more established clean energy sources such as solar. Japan Renewable Energy Co. was set up by Goldman in August after Japan began offering above-market rates to producers of clean energy. The incentives, or feed-in tarif ...