Asianpower Update 3/27

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Suzlon Energy raises US$647 million to repay loans Philippine government agency sees end to Mindanao blackouts Mindanao Development Authority, however, says solution will be costly and temporary. China and Russia sign massive energy deals Hail breakthrough agreements that will see Russia increase oil supplies to China. India’s largest solar power plant switched on Project at Rajasthan has a capacity of 50 megawatts. Japan to become world’s second largest solar market by Q2 Will outstrip the USA by installing 5 gigawatts of new solar power capacity. India to be self-reliant in crude oil production by 2030 Government sets a goal of slashing crude oil imports by half by 2020. Mindanao power rates could rise by US$0.074 per KWh Government says it’s a solution to continuing blackouts. Sinopec admits 14% profit drop Asia’s biggest refiner to look overseas to restore growth. China Shenhua Energy posts 6% rise in net profit Brings profit to US$7.9 billion in 2012 from US$7.4 billion year-on-year. Vietnam and Japan complete first coal policy dialogue Dialogue promoted cooperation in the use of coal for power generation. “Burning ice” to boost Japan’s power supplies Huge reserves of methane hydrate off its coast to last for a century. China Longyuan bids for Aussie wind farm Australia’s Boco Rock wind farm drawing other heavy hitters. China to halt subsidies for massive solar projects Will instead promote smaller solar projects in areas with power shortages.

COMMENTARY ›› POWER UTILITY Reality check: Are Indian utilities prepared for smart metering? BY SUMAN GHORAI 489 views POWER UTILITY What the “Hot Winter” in Japan is all about BY FRENK WITHOOS 404 views POWER UTILITY Exploring the perfect market for energy and energy transition in Asia (Part 1) BY ADRIAAN KAMP 381 views PROJECT When solar capacity and demand meet in 2015 BY EDWARD CAHILL 335 views PROJECT What Asia should learn from Latin America about PV net metering BY AGOSTINHO MIGUEL GARCIA 329 views POWER UTILITY Funding for India’s waste-to-energy sector BY PER REGNARSSON 42 views POWER UTILITY Exploring the perfect market for energy and energy transition in Asia (Part 2) BY ADRIAAN KAMP 25 views

EVENTS CALENDAR Power Industry South Korea 2013 Date: 25 Jun 2013 Venue: Ritz-Carlton Hotel, Seoul, South Korea Thailand Power and Electricity 2013 Date: 25 Jun 2013 Venue: W Bangkok, Thailand World Geopower Markets: Indonesia & Philippines Date: 18 Jun 2013 Venue: Ritz Carlton Hotel, Jakarta, Indonesia Metering, Billing / CRM Asia co-located with Transmission & Distribution Date: 22 May 2013 Venue: Bangkok Convention Centre at CentralWorld, Thailand Smart Grids Asia 2013 Date: 22 May 2013 Venue: Bangkok Convention Centre at CentralWorld, Thailand Power Industry Indonesia 2013 Date: 21 May 2013 Venue: Intercontinental Jakarta Midplaza Hotel The 3rd World Smart Grid Conference China Date: 09 May 2013 Venue: Beijing, China RENERGY 2013! Date: 09 May 2013 Venue: Chennai Trade Center, Nandambakkam, Chennai Clean Power Asia Conference and Expo 2013 Date: 29 Apr 2013 Venue: Bangkok Convention Centre at Central World, Thailand The 12th China (Shanghai) International Power Generating Sets Exhibition Date: 08 Apr 2013 Venue: Shanghai New International Expo Center 3rd China International Smart Grid Technology and Equipment Exhibition Date: 08 Apr 2013 Venue: Shanghai New International Expo Center 7th China (Shanghai) International Wind Energy Exhibition & Conference Date: 08 Apr 2013 Venue: Shanghai New International Expo Center 13th China International Electric Power & Electric Engineering Technology Exhibition Date: 08 Apr 2013 Venue: Shanghai New International Expo Center

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