The Vietnam Renewable Energy Development Programme (REDP) has been given a USD2.4 million boost by the Swiss. The cash will be used to both enhance energy security and develop clean energy sources.
As shareholders took in the grim news that Danish wind turbine maker, Vestas, had made a loss in the first quarter of 2011, despite boosting revenue by 25 percent over 2010, it announced two large contracts in China. The management said the market would prove choppy from quarter to quarter but that overall order books looked healthy.
Switzerland's ABB Group is planning to invest USD100 million in China this year hoping to cash in on the government's energy efficiency-loaded 12th Five-Year Plan.
The lessons of Japan's crippled Fukushima Daiichi nuclear plant are being taken seriously by Chinese authorities as they have authorized upgrading of emergency procedures and increased safety inspections.
China's Work Safety Committee has released details of the causes of some of the most recent accidents in the country's coal-mining industry, which fuels 80 percent of the country's electricity generation. The committee says it will be cracking down on the sector which barely lets a week go by without reporting fatalities or major incidents.
Nobao Renewable Energy has relaunched its attempt of an intial public offering in the US. Only a month after it postponed an IPO due to "market conditions", the US Securities Exchange Commission (SEC) reports that the latest IPO would raise USD300 million.
First Solar and China Power International New Energy (CPINE) have signed a strategic co-operation framework agreement to work on a range of new solar projects in China and the US.
Not all of China's wind turbines are up to the nationally required standards of energy security, according to China's electricity regulatory authority.
US company, Applied Materials, has supplied the Indian Institute of Technology-Bombay with equipment worth $7.5 million for a semiconductor fabrication facility.
Nasdaq-listed Evergreen Solar has disclosed preliminary information for the first quarter of 2010, revealing that its shipments have dramatically dropped compared to the previous quarter.
Shipments for the first quarter of 2011 were about 18MW at an average selling price of USD1.86 per watt, compared to the fourth quarter of 2010 where they amounted to 47MW and sold at USD1.90.
The International Finance Corporation, an investment arm of the World Bank, has announced it will grant US$50 million to India's PTC Financial Services for funding renewable-energy or clean-technology projects on a local basis.
The World Council for Renewable Energy (WCRE) has used the 25th anniversary of the Chernobyl disaster and the on-going Fukushima Daichi crisis to demand a global ban on new nuclear power, policies to phase out current plants and a "decisive, immediate move to a 100% renewable world."
West Java Energy and Human Resources Agency has announced the go-ahead to build at least 96 solar power plants in three sub-districts of Cianjur regency under a provincial program to supply energy for the rural population that has been in the works since 2003. The agency would also implement hydro- and micro-power plants.
The World Bank has approved a new loan of USD330 million for Vietnam to support the Trung Son Hydropower Project (TSHPP) in its northern Thanh Hoa Province.
A new report from the Worldwatch Institute says that the installed capacity of renewable power generation, excluding large hydro, surpassed the global installed capacity of nuclear energy generation last year. The cross-over point on output is expected in a few years.
The Samsung Group has signed a memorandum with the South Korean government for the development of a "green energy industrial complex" on 11.5 square kilometers of reclaimed land in North Jeolla Province over a 20-year period from 2021.
Agreement for firms from China to help develop Kenya's solar energy sector and build a new hydropower station are among 10 new bilateral deals between the two countries.
Boeing Tianjin Composites, a joint-venture between Boeing and Aviation Industries Corporation of China (AVIC), has opened of a new factory certified to meet the internationally recognized Leadership in Energy and Environmental Design (LEED) rating standard for green buildings.
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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