Japan gave final approval to a recommendation to cut the tariff for solar power by 10% for the year starting April 1 to 37.8 yen (40 cents) per kilowatt hour for 20 years. The reduction marks the first rate change since the country started an incentive program for clean energy in July. Rates for other types of clean energy such as wind and geothermal will remain unchanged, the Ministry of Economy, Trade and ...

A Memorandum of Understanding has been signed between the Balochistan government and CK Solar Korea for installing a 300 MW solar power plant near Quetta, Provincial Secretary Energy Fuad Hashim Rabbani said on Saturday. The project will cost around $900 million and will be completed by 2016, he said, while addressing the media. Rabbani said the government has procured 1,500 acres of land in Khuchlak and Pi ...

A 5MW solar power plant of NTPC - the first non-conventional energy plant in the district - was inaugurated for commercial operations in the Dadri unit of the company on Saturday. The plant is also the first solar project of the public sector company to be commissioned anywhere in the country. Built at a cost of Rs 48.59 crore over an area spread over 27 acres, the plant is expected to generate around 7.26 ...

Chinese solar equities have experienced a sharp decline in recent weeks as Suntech Power's recent bankruptcy has raised concerns that other Chinese manufacturers may be over-leveraged. Ticker Spy's Chinese Solar Stocks Index (CHSOL) has fallen over 35% in the past month. Research Driven Investing examines investing opportunities in the Chinese Solar Industry and provides equity research on ReneSola Ltd. and ...

KSK Energy Ventures, a leading India power development and generation company, and MiaSole, the leading manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels and system solutions, today announced that the commissioning of an 11.6MW solar photovoltaic project occurred on February 26, 2013.  The project is under India's Jawaharlal Nehru National Solar Mission and is one of ...

The National Thermal Power Corporation on Monday announced setting up of two solar power plants of 25 Mw and 10 Mw capacity in Singrauli and Unchahar respectively. The central power generation utility in India is already in the process of establishing an 8 Mw power plant in Singrauli. Speaking to reporters, regional executive director, NTPC, Sharad Anand said that the northern region of NTPC is working on ( ...

Japan Asia Group Ltd., a Tokyo based brokerage and aerial surveyor, got a 1.6 billion yen ($17 million) loan from Shinsei Bank Ltd. and Mitsubishi UFJ Lease & Finance Company Ltd. for Solar Projects. The Japan Asia's Project-Finance Loan For Five Solar Stations is for the building of plants on the northern island of Hokkaido, the company said in a statement yesterday. The five plants will have a combine ...

The first-ever solar power generating projects will be built in Mandalay Region and its power consumption is 150 kyat per unit, Minister Dr. Myint Kyu of Mandalay Region Electric Power and Industry said. “We planned four places for the generation of 1,000 MW. The first place is near Nabuai village, the second in Kabaw Mountain in Kyaukse Township, the third, between Wandwin and Shawpin villages and the last ...

Chubu Electric Power has acquired a 49% share of the stocks in an operating company that develops and operates mega solar generation plants at a total of six locations in central and northern Thailand (contract capacity 30.9 MW) from Gunkul Engineering Public Company Limited (hereafter GUNKUL). This marks the first time that Chubu Electric Power has participated in a solar power generation project in anothe ...

The United Arab Emirates (UAE) on Sunday officially opened its first big solar energy plant, the three companies behind the project said in a statement. The 100-megawatt (MW) Shams 1 concentrated solar plant (CSP) took the UAE's Masdar, France's Total and Spain's Abengoa three years to build at a cost of around $600 million. Shams 1 is one of the largest CSP projects in the world and by far the largest sola ...