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Asian Development Bank boosts support for clean energy development
- 2010-12-01 14:31:08
- Junior Isles
The Asian Development Bank (ADB) has said it will infuse 40 million dollars into two private equity funds that target promising green companies and projects in the region.
World Bank raises issues with China's renewables progress
- 2010-11-24 14:29:06
- Junior Isles
The World Bank reports that China is making progress in meeting targets to generate 15 per cent of its electricity from non-fossil fuels by 2020, though it needs to improve and expand hydro generation and deal with inefficiency in its wind-power sector.
China reveals latest electricity figures
- 2010-11-16 22:39:15
- Junior Isles
Chinese power generation grew 14.9 per cent year-on-year to 3421.6 TWh in the first 10 months of 2010, including 563 TWh from hydropower, 2737.7 TWh from thermal power and 59.7 TWh from nuclear power.
Reliance agrees to $2.2 bn deal with GE
- 2010-11-09 21:34:48
- Junior Isles
India’s Reliance Power has agreed a $2.2 bn deal with General Electric after securing a $5bn loan from the US Export-Import bank for buying US goods and services over the next three years.
Mitsui takes 30 per cent stake in Spanish solar firm
- 2010-11-06 17:51:45
- Junior Isles
Mitsui & Co. will participate in the solar power generation business in Spain by purchasing a 30 per cent stake in local solar power company Guzman Energia SL.
Reliance and Shanghai Electric deal is just the start
- 2010-11-02 20:56:45
- Junior Isles
Reliance Power’s $10 billion pact with Shangai Electric Group Co. for the supply of power generation equipment and related service contracts is the largest ever China-India power deal but could be only the beginning of similar deals by other Indian utilities.
Little progress at climate talks
- 2010-10-13 21:30:32
- Junior Isles
A United Nations meeting on climate change ended in Tianjin, China, with no consensus on key issues such as emissions mitigation and transparency.
GE and Harbin Power form joint wind power venture
- 2010-09-28 15:37:27
- Junior Isles
General Electric (GE), the world’s second biggest producer of wind turbines, has formed a joint venture with China’s Harbin Power Equipment Co. to make and supply equipment to China.
Sharp buys solar generation company Recurrent Energy
- 2010-09-23 13:28:18
- Junior Isles
Sharp will acquire Recurrent Energy, a US developer of solar energy projects, in a deal worth up to $305 million. The Japanese company hopes the acquisition will strengthen its position in the fast-growing solar-power generation business.
China’s generation capacity approaches 1 Terawatt
- 2010-09-21 00:26:58
- Junior Isles
The start up of the second phase of Guangdong’s Ling’ao nuclear power plant means China’s installed power generation capacity now exceeds 900 GW
