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Competition hots up for Australian coal
- 2012-01-26 22:43:52
- Junior Isles
US coal giant Peabody Energy has hired UBS to assist in finding a buyer for its Australian Wilkie Creek coal mine, a move likely to kindle interest from several Asian nations, vying to secure coal supply for their growing fleet of power plants.
Siemens bets over $1billion on continued gas turbine growth
- 2012-01-20 05:25:04
- David Flin
Siemens AG has earmarked over €1 billion ($1.3 billion) to expand its production of gas turbines and fend off GE as they compete for larger shares of the expanding gas turbine market.
Pakistan sets 1500 MW wind target for 2013
- 2012-01-05 20:11:19
- Junior Isles
Pakistani Federal Minister for Water and Power, Syed Naveed Qamar has said that the government has set a target of 1500 MW from wind power generation by 2013 and procedures have been simplified in order for investors to reach the target.
SPX and Shanghai Electric to supply cooling equipment in China
- 2012-01-05 20:08:35
- Junior Isles
North Carolina based SPX Corporation and Shanghai Electric Group Co., Ltd. (Shanghai Electric) today announced the formation of a new strategic joint venture to supply products to the power sector in China.
China unveils battery energy storage station
- 2012-01-03 07:26:34
- David Flin
It has been announced that construction of what is claimed to be the world’s largest battery energy storage station has been completed in China.
NTPC to supply 50 MW solar power from 2013
- 2011-12-30 03:51:55
- David Flin
India’s state-run National Thermal Power Corporation (NTPC) has signed an agreement with Madhya Pradesh Power Trading Company to supply electricity from a 50 MW solar plant, the biggest such unit in the country currently under implementation.
Japanese power plant construction may be decided by open bidding
- 2011-12-23 06:34:12
- David Flin
The Yomiuri Shimbun has reported that Japan’s Economy, Trade and Industry Ministry (METI) has plans to require electric power companies to hold open bidding and compete with IPPs when they plan to build new thermal power plants or add generators to existing plants.
Goldwind taps into Chile wind market
- 2011-12-09 06:07:19
- David Flin
China’s Goldwind has announced that it has entered into an agreement to provide 23 low wind speed Permanent Magnet Direct Drive (PMDD) wind turbines to Mainstream Renewable Power for Mainstream Negrete project (phase one) in Chile.
China cracks down on illegally polluting plants
- 2011-11-24 19:53:07
- Junior Isles
China has ordered eight coal-fired power plants to pay fines after they were accused of violating pollution limits and falsifying emissions data, according to a statement from the Chinese Ministry of Environmental Protection.
Chinese power generation growth shows signs of slowing
- 2011-11-22 19:52:54
- Junior Isles
During October, construction of thermal power generation capacity in China was down by 21.22 GW (24.9 per cent) from the same period a year ago.
