Asia
Tata Power generates 873 MW of renewable energy, plans for 180 MW annual increase
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30 May 2013
- Published on Thursday, 30 May 2013 08:31
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India’s largest integrated power utility, Tata Power, has increased its renewable power generation capacity to 873 megawatts and plans to add at least 180 MW every year. As part of its sustainability initiative, Tata Power is committed to generating 20 to 25 percent of its total generation capacity from clean energy sources. Tata Power produces renewable power in India through hydro, wind and solar. It aims to...
Yingli providing solar modules for large P.V. project in Malaysia
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27 May 2013
- Published on Monday, 27 May 2013 08:58
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China’s Yingli Green Energy Holding Company Limited is continuing to expand its business interests in the Asian region with the announcement that it will supply 10.269 megawatts of solar modules for projects in Malaysia. “We are delighted to make this breakthrough in Southeast Asia. Southeast Asia is a very promising photovoltaic market given its rich solar radiation, serious lack of electricity and governments’ strong...
China approves construction of world’s tallest dam despite environmental impacts
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24 May 2013
- Published on Friday, 24 May 2013 08:57
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China has granted a green light to the world’s tallest hydroelectric dam despite acknowledging that the project would have significant environmental implications. According to state news agency Xinhua, the Ministry of Environmental Protection has approved construction plans of the 2-gigawatt Shuangjiangkou hydropower plant, which will have an annual power generation of as much as 7.93 billion kilowatt-hours upon...
Suzlon loses top spot in Indian wind turbine market
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22 May 2013
- Published on Wednesday, 22 May 2013 09:07
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India’s Suzlon Energy Ltd., one of the largest manufacturers of wind turbines in the world, has ceded its position as the country’s top wind-turbine supplier for the last fiscal year. According to a Bloomberg report, figures from industry group Indian Wind Turbine Manufacturers’ Association showed that, for the year ended this March 21, Suzlon had 415 megawatts of installation. This sets it behind Wind World (India)...
Philippine media company launches massive Green Initiative
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21 May 2013
- Published on Tuesday, 21 May 2013 09:29
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Philippine media conglomerate ABS-CBN in partnership with government agencies and the academe has launched a massive campaign, which aims to protect the country’s biodiversity while alleviating poverty. The Green Initiative, a collaboration between ABS-CBN Foundation’s Bantay Kalikasan, the departments of environment and natural resources, agriculture, and tourism and Ateneo De Manila University, seeks to...
Goldman Sachs to invest in Japan’s renewables
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21 May 2013
- Published on Tuesday, 21 May 2013 09:00
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Goldman Sachs Group Inc. aims to invest as much as 50 billion yen ($487 million) in Japan’s emergent renewable energy sector. Over the next five years, the American multinational banking firm plans to develop a series of renewable energy projects in the Asian country, tapping demand for electricity generated from solar and wind power plants, reported Bloomberg. “We believe that we can leverage our global...
First clean energy fund for Southeast Asia gets investment director
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02 May 2013
- Published on Thursday, 02 May 2013 07:57
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Singapore-based fund management firm, Armstrong Asset Management has appointed an investment director for the $150 million Armstrong South East Asia Clean Energy Fund – the first clean energy fund devoted solely to Southeast Asia. Yasushi Ujioka, who has 17 years of experience as an engineer and investment professional in the water, power generation and energy efficiency sectors across Europe and Asia, will...
China leads global action against climate change - report
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29 Apr 2013
- Published on Monday, 29 April 2013 09:09
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China is leading the global fight against climate change, found a new report by the Australian government’s Climate Commission. While China remains to be the world’s largest emitting nation, the report noted that it is taking significant strides to reduce its emissions growth. Last year, the country was able to decrease the carbon intensity of its economy more than expected and almost halved its growth in...
Indonesia to plug in 36 solar energy projects in 2013
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26 Apr 2013
- Published on Friday, 26 April 2013 08:56
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Indonesia intends to put up 36 solar power plants in 2013, particularly in remote and border areas. According to The Jakarta Globe Report, Alihudin Sitompul, the director of renewable energy and energy conservation at the Ministry of Energy and Mineral Resources, announced the government’s plan to increase the number of solar power facilities to 153 this year, from last year’s 117. To date, Mr. Alihudin said the...
India seeks to double its renewable energy capacity by 2017
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24 Apr 2013
- Published on Wednesday, 24 April 2013 08:26
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India seeks to double its renewable energy capacity to 55,000 megawatts by 2017 as part of its efforts to increase energy efficiency and reduce greenhouse gas emissions, according to Prime Minister Manmohan Singh. Speaking during the inauguration of the fourth Clean Energy Ministerial in New Delhi last Wednesday, Prime Minister Singh said the country’s 12th Five Year Plan recognizes the importance of developing a low...
