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China to spend $1.7 trillion on power in the next decade
- 2010-12-24 16:13:01
- Junior Isles
China, the world’s largest energy user, may spend 11.1 trillion yuan ($1.7 trillion) in the next decade building electricity infrastructure, the 21st Century Business Herald has reported, citing a research report by the China Electricity Council.
Toshiba joins with Shaw to build nuclear plants outside Japan
- 2010-12-06 10:16:17
- Junior Isles
Toshiba Corp. announced it has agreed with US engineering service provider Shaw Group Inc. to jointly construct nuclear power plants outside Japan.
China’s green energy push praised at Cancun
- 2010-12-03 10:15:38
- Junior Isles
“China is responding to climate change on many fronts... [and] its efforts in developing green energy are noteworthy”, according to delegates attending the UN climate change conference in Cancun.
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.
