Equipment manufacturers and contractors will count on state firms for large orders next fiscal as power sector giants plan to invest Rs 50,000 crore in various projects, although the private sector has been stymied by fuel scarcity and distribution problems. According to government sources, a  major chunk of these investments will come from internal and extra budgetary resources of public sector undertaking ...

Korea Electric Power Corporation (KEPCO) have been decisive and said that it will step up efforts to support small and mid-sized enterprises (SME) this year. This week, the government-backed power company held a meeting with 500 executives of local SMEs and laid out a policy for their co-development and held discussions on finding future goals. Under the plan, the power company will guarantee 5 trillion won ...

After buying Landis+Gyr close to two years ago, Toshiba is making another, albeit, much smaller acquisition in the smart grid sector. Last week Toshiba announced that it plans to acquire start-up Consert, which had been building a smart home service. Founded in 2008, Consert connects devices in the home like a water heater, heating and air conditioning units, pool pumps, and thermostats. The connected devic ...

Fujian province’s development and reform commission announced a plan for constructing onshore wind farms as a major part of its energy development strategy form 2012 to 2020. The plan calls for 196 new wind farms, with a total installed capacity of 8.16 million kilowatts per year. By 2015, Fujian expects to be saving 1.64 million tons of standard coal annually, based on a 2010 coal consumption of 327 grams/ ...

Tata Power, India's largest integrated power utility, today announced the successful registration of its 50.4MW wind power project at Samana, Gujarat, under the CDM programme of UNFCCC. The 50.4MW wind plant at Samana was commissioned in May 2009 and uses 63 wind turbine generators of 800KW capacity each to harness wind energy for power generation. The Samana plant helps in reducing the carbon dioxide equiv ...

Along with the Japanese solar power market, the US photovoltaic market has emerged as one of the most promising markets. With financing growing in importance following the revitalization of large-scale projects, the opportunity presents itself to Korean financial institutions, as well as to Korean solar power companies. The US solar power market is now viewed as a promising market that the Korean solar powe ...

Security experts said on Monday a highly sophisticated computer virus is infecting computers in Iran and other Middle East countries and may have been deployed at least five years ago to engage in state-sponsored cyber espionage. Evidence suggest that the virus, dubbed Flame, may have been built on behalf of the same nation or nations that commissioned the Stuxnet worm that attacked Iran's nuclear program i ...

Solar developer Azure Power India has expanded its 5MW facility in Nagaur, Rajasthan, with an additional 35MW making it the largest project commissioned at a single location under India’s National Solar Mission. The company received US$70 million loan from the US Export Import Bank to construct the additional plant. The Ex-Im Bank also provided US$16 million for the 5MW plant in July 2011, which was one of ...

Intellectual Property India has published a patent application filed by Siemens AG in 2011. The application for the patent - which was invented by Erik Groendahl and Hans-Joergen Thougaard - was published on Jan. 18 under issue no. 03/2013. According to the abstract released by the Intellectual Property India: "Wind turbine comprising at least one generator adapted to generate electric power and a number of ...

China Gogreen Assets Investment Ltd., a Hong Kong-based investment company, plans to invest 720 million yuan ($115 million) to develop solar power projects in the Xuchang city in China’s Henan province. Unit Beijing Jun Yang Investment Co. agreed with the Xuchang government to develop and operate the 60 megawatts of solar power plants on the rooftops of buildings, the company said in a filing to the Hong Ko ...