Michele Kearney's Nuclear Wire

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

Wednesday, September 19, 2012

Asia Power Update 9/19



China in huge RE investment in EstoniaChina in huge RE investment in Estonia
Jilin New Energy Investment Company Ltd plans to invest US$168 million in renewable energy projects in the Republic of Estonia in the Baltic Sea region.

Japan\'s renewable energy subsidy brings $2B investmentsJapan's renewable energy subsidy brings $2B investments
Japan's subsidies for renewable power suppliers have sparked more than $2 billion of investment since they were launched two months ago.
S. Korea, Kazakhstan to expand cooperation in energyS. Korea, Kazakhstan to expand cooperation in energy
South Korea President Lee Myung-bak and Kazakhstan President Nursultan Nazarbayev pledged to expand cooperation in energy, plants and atomic power.

Chinese energy investments sustaining Cambodia\'s economyChinese energy investments sustaining Cambodia's economy
Cambodia has praised China for the massive energy investments that have become key to its sustainable social and economic development.
Japanese renewable energy subsidies spark investment boomJapanese renewable energy subsidies spark investment boom
Japan's subsidies for renewable power providers could lead to huge investments amounting to some US$640 billion by 2030.

China prospecting for oil in Arab countriesChina prospecting for oil in Arab countries
China National Petroleum Corporation, the largest oil and gas firm in China, has invested in 22 oil and gas projects in Arab countries.

Japanese group to market hydrogen fuel made from sewageJapanese group to market hydrogen fuel made from sewage
A consortium of five Japanese companies including Toyota Motor Corporation last week began testing a process that will yield hydrogen fuel derived from sewage sludge.

Russia expresses support for Bangladesh power sectorRussia expresses support for Bangladesh power sector
Russia will assist Bangladesh in developing its power and gas sector, including establishing nuclear power plants.
Philippines\' Aboitiz to source financing locally for $3.6B power projects Philippines' Aboitiz to source financing locally for $3.6B power projects
Aboitiz Power will tap the local debt market to fund 75 percent of the its $3.6 billion coal-fired plant projects.

China to invest US$39.5B in PV during 2011-15China to invest US$39.5B in PV during 2011-15
China will invest around US$39.5 billion in domestic solar power generation between 2011 and 2015.
Indonesia\'s PLN urged to cut power lossIndonesia's PLN urged to cut power loss
The Indonesian government urged PLN to reduce electricity losses and increase the country’s electrification ratio.

S.Korean govt identifies candidate sites for nuke plantsS.Korean govt identifies candidate sites for nuke plants
The government of South Korea named two candidate sites for two new nuclear power plants.
Japan to banish nuclear energy by 2040Japan to banish nuclear energy by 2040
Japan will shut down its nuclear energy sector by 2040, ending a heavy reliance on a power source that provided a third of its energy until 2011.

Hawaii and China to partner in clean energyHawaii and China to partner in clean energy
Hawaiian Governor Neil Abercrombie and Secretary General Xu Hubin of the China Council for the Promotion of International Trade have signed an agreement to jointly pursue clean energy projects.
Solar investment target set at US$39.5 billionSolar investment target set at US$39.5 billion
China expects investments in solar power to hit US$39.5 billion by 2015 and a huge rise in the sector’s employment.

China shifting to higher quality turbines: VestasChina shifting to higher quality turbines: Vestas
China’s wind park developers are now seeking higher-quality turbines rather than just picking the cheapest machines.
India\'s Lanco to set up Bangladesh\'s Bhola Power PlantIndia's Lanco to set up Bangladesh's Bhola Power Plant
The Bangladesh Power Development Board has engaged Indian firm Lanco for setting up of the Bhola 217.9 MW gas-fired Combined Cycle Power Project.

JREF to pioneer Japan’s paradigm shift towards renewable energyJREF to pioneer Japan’s paradigm shift towards renewable energy
Newly-founded Japan Renewable Energy Foundation has put forward a proposal for a new energy policy 2030 focusing on a wide deployment of renewable energy.
Japanese agency may finance Bangladesh coal-fired plantsJapanese agency may finance Bangladesh coal-fired plants
The Japan International Cooperation Agency is contemplating of financing two coal-fired power plants to be set up in Bangladesh.

India to craft guidelines for offshore wind power India to craft guidelines for offshore wind power
India's Ministry of New and Renewable Energy is contemplating policy guidelines on it for the copuntry's offshore wind power sector.
India\'s PM wants comprehensive review of energy policiesIndia's PM wants comprehensive review of energy policies
Prime Minister Dr. Manmohan Singh may implement a major revamp of the India’s energy policies.

China\'s wind power push not profitable for producersChina's wind power push not profitable for producers
Wind power developers could not yet benefit from China's scheme ordering electricity distributors to source up to 15 percent from renewable energy.
China to become No. 1 in smart grid marketChina to become No. 1 in smart grid market
China is expected to become the world's leading smart grid components market with a value of US$1.43 trillion.

Alstom to utilize ‘smart grid’ technology in IndonesiaAlstom to utilize ‘smart grid’ technology in Indonesia
Alstom will use its digital substation technology to help Indonesia’s state electricity company PT PLN to improve its service.
Russia wants Pakistan dam project without biddingRussia wants Pakistan dam project without bidding
Russia wants to be awarded the construction contract for the $13 billion Diamer Bhasha Dam without resorting to international competitive bidding.
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EVENTS CALENDAR
Date: 22 Nov 2012
Venue: Shanghai, China

Date: 07 Nov 2012
Venue: The Sheraton Towers, Singapore
Date: 05 Nov 2012
Venue: Beijing, China

Date: 22 Oct 2012
Venue: Sands Expo & Convention Centre, Marina Bay Sands, Singapore
Date: 22 Oct 2012
Venue: Sands Expo & Convention Centre, Marina Bay Sands, Singapore

Date: 22 Oct 2012
Venue: Singapore
Date: 15 Oct 2012
Venue: Bali, Indonesia

Date: 04 Oct 2012
Venue: Grand Hyatt Erawan Hotel, Bangkok, Thailand
Date: 03 Oct 2012
Venue: Bangkok, Thailand

Date: 26 Sep 2012
Venue: Beijing, China
Date: 20 Sep 2012
Venue: Jakarta, Indonesia

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