Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, September 12, 2012

Asia Power Update 9/12




The largest hydroelectric project on the Upper Mekong River Basin, the Nuozhadu dam, has officially began generating power.


India’s national initiative to promote renewable energy has boosted its photovoltaic capacity by 255MW and its concentrated solar power capacity by 2.5MW.

Indonesia's PTBA and China Huadian Corporation plan to set up a joint venture company to build and operate a a 2x620 megawatt coal-fired power plant in South Sumatra.


Japan needs to invest at least ¥50 trillion or US$637 billlion in renewable energy by 2030 in order to phase out nuclear power.

A new national strategy will increase Japan's renewable energy capacity by a massive 555%.


Chinese wind turbine maker Ming Yang Wind Power Group Ltd will develop an offshore wind farm for China Guangdong Nuclear Power Group.


The government of Pakistan will convert two inefficient thermal power plants in Sindh into being coal-fired through a $433 million financing to be provided by the Asian Development Bank.


Guangdong Mingyang Wind Power Group and China Guangdong Nuclear Power will join forces to develop renewable power projects.These include the Golden Bay offshore wind power project in Jieyang, Guangdong province.

Mining industry sources report a growing use of renewable energy by major mining firms worldwide.


The government of Pakistan has sought financing from China for the mega $13 billion Diamer Bhasha Dam.

China will remain the world’s leading renewable energy market at least until 2020.


The massive costs of coping with the aftermath of the Fukushima Dai-ichi plant nuclear disaster has left its operator with limited funds to convert to alternative energy sources.

Entrepreneurs in Bangladesh want solar power to be included in the national grid to utilize nearly 200 mw capacity solar plants that are underutilised.


Six South Korean frims have expressed interest in joining PNOC-EC in building two coal mine-mouth power plants in Isabela and Zamboanga Sibugay worth $400 million.

Indonesia's PLN will purchase between 50 and 70 megawatts from Sarawak to power some regions in West Kalimantan for five years.


Hanergy launched a thin-film solar cell manufacturing base and a photovoltaic power station in Qinghai Province.

Tepco president Naomi Hirose said the utility can't afford to invest in alternative energy sources since the three reactor meltodown at its Fukushima nuclear power plant last year.


US financial services giant Morgan Stanley has invested US$300 million in Zhaoheng Hydropower Co Ltd, the largest foreign investment yet in China's renewable energy sector.

Bangladesh's Rural Electrification Board will put up a Tk 54.13 billion mega project to bring 1.8 million more rural people under electricity coverage by 2015.


China is advocating an “energy club” with former Soviet Union states to open new sources of energy for its ravenous economy.

Perusahaan Listrik Negara will need 65 million metric tons of coal per year in 2014 to generate electricity steam.


Indonesia will raise the price of electricity from three types of renewable energies to encourage the country's overall renewable energy production.

Malaysia's Tenaga Nasional Bhd has been selected by the Bangladesh Power Division for the installation and operations of a 1,320MW coal-fired plant in that country.


Gamesa will supply turbines for a proposed 48MW wind farm project being built by the Longyuan Group at Jiangkou, in China's Fujian Province.

Japan will announce its new national energy policy next week that will confirm its inability to wean itself from nuclear power.
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