Japan has begun what will likely be the first permanent shutdown of one of its reactors since the Fukushima disaster on the grounds that it is built atop an active earthquake fault.
Japan-based renewable energy projects developer Eurus Energy Holdings, a joint venture between Toyota Tsusho and Tokyo Electric Power, is planning to construct a USD480 million solar plant.
The 115-MW solar plant planned in the northern part of the country is expected to commence construction in July 2013.
A source from China's top economic planning body said the authority has finished collecting opinions about the feed-in tariff ratings of China's solar industry, which indicates the finalized scheme may be issued soon, according to the China Securities Journal.
The chairman and acting president of Sinovel Wind Energy Group, Wei Chiyuan, has resigned as of one of the country's largest makers of wind turbines struggles amid an industry downturn, according to a report in news portal, Caixin Online.
Despite acknowledging that it will negatively impact rare fish and flora on the upper reaches of Dadu River in Sichuan province, China's environment ministry has approved the construction of the country's tallest hydroelectric dam
California’s Solaria Corporation, which specializes in solar photovoltaic modules for tracking applications, has announced new operations in China to meet what it calls “demand for high-efficiency, large-scale solar projects.”
Renewable energy companies from China and Hong Kong are facing debts of USD3.5 billion this year and the equivalent of USD5.3 billion of notes due next year, according to a report in the Sydney Morning Herald, citing Bloomberg data.
China Guangdong Nuclear Power Group (CGN) is planning to invest 4.5 billion yuan (USD731 million) in an offshore wind farm adjacent to one of the islands of Pingtan Country, off the coast of Fujian Province. The company says, rather optimistically, that it hopes to start project construction next year.
China Merchants New Energy Group, a Hong Kong-based renewable-energy project developer, will form a joint venture with Xinjiang Production and Construction Corps Investment Co to invest USD489 million to develop solar farms.
India once dominant wind giant Suzlon Energy has been booted from its top spot and replaced by another local turbine supplier, Wind World (India) Ltd, formerly known as Enercon (India) Ltd.
Hyundai Motor Company, South Korea’s largest automaker, is to install the nation’s largest rooftop PV power plant at its manufacturing factory in the city of Asan, on the northern outskirts of Seoul.
The European Commission is ready to impose punitive import duties on solar panels from China in a move to guard against what it sees as Chinese dumping of cheap goods in Europe.
India intends to level the playing field between solar photovoltaic (PV) power modules made from crystalline silicon and those using various thin-film technologies during the country’s next grid-connected solar PV power capacity auction due to start at the end of this month.
During the first phase of the country’s Jawaharlal Nehru National Solar Mission (JNNSM) – under which solar PV and solar thermal were each allocated 500-MW of capacity – there was a mandate that 60 per cent of equipment by value was to be locally sourced for solar PV projects and 30 percent for solar thermal projects.
Burma's first solar power plant - a 210-MW project which its developer claims will be the world’s third largest – is to be built within the next 21-months to provide a much-needed boost to the country’s electricity generating capacity.
The developer, Thailand’s Green Earth Power (GEP), has signed a memorandum of understanding with Myanmar's Ministry of Electric Power for what will be the country's first solar power plant, with a total project cost of USD275 million. GEP president and chairman Paul Bernard Yang said the company would sign the power purchase agreement (PPA) with the Ministry of Electric Power within the next 90 days.
About USD500 million worth of clean energy contracts have been signed in India so far this year with not a single deal being struck in the conventional energy sector, according to a report in the Economic Times.
Norway’s Renewable Energy Corporation (REC) has announced it will deliver 72-MW of its high efficiency solar panels for the construction of six solar farms in Thailand’s Nakhon Pathom and Suphan Buri provinces.
Billionaire Warren Buffett has no plans to buy Suntech Power Holdings, according to an interview he gave to the China Business News at Berkshire Hathaway’s shareholder meeting.
The controversial Kudankulam nuclear plant in Tamil Nadu state has been given the go-ahead to start operations following a ruling by India's Supreme Court.
The judges said the plant was "safe and secure" and "necessary for the welfare and economic growth of India".
The European Trade Commissioner, Karel De Gucht, is expected to tell his fellow EU commissioners on Wednesday that Brussels should levy punitive import duties on solar panels made in China, according to Reuters.
Tokyo Electric Power Co (Tepco) has called on Toshiba to supply it with smart meters as part of it ambitious plan to deploy such devices in 27 million Japanese households over the next 10 years.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
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