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.
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
China's power generation industry is set for strong growth this year, the state-run Shanghai Securities News reported, citing the country's electric power generation trade association.
Japan and Kuwait have reached an agreement to cooperate in building nuclear power plants and encouraging the peaceful use of nuclear energy.
Mitsubishi Heavy Industries, Ltd. (MHI) and Marubeni Corporation (Marubeni) have jointly received an order for two steam turbine-generator sets, each rated at 1000 MW, for ultra-supercritical (USC) coal-fired power generation units of Korea East-West Power Co., Ltd. (EWP).
Plans to build additional hydropower dams on the upper Mekong will have major impacts on Southeast Asia’s longest waterway, affecting the downstream nations of Thailand, Cambodia, Laos, Vietnam and Myanmar.
According to data from the National Bureau of Statistics (NBS), China’s power generation increased in July by 11.5 per cent from the equivalent figure a year earlier, reaching a record 377.64 TWh, as demand peaked amid scorching temperatures in many parts of the country.
Even though China’s electricity generation capacity continues to grow, the China Electricity Council (CEC) has said that the rate of growth is likely to decline if high coal prices continue to eat away at profit margins.
China Huaneng Group, one of China’s five power giants, has announced that it will undertake a nuclear power project in Heilongjiang.
North China’s Shaanxi province saw its electricity use increase 26.4 per cent year on year to 286.52 TWh in the first four months of 2010, according to statistics from the Shaanxi Statistics Bureau.