Prime Minister Narendra Modi on Tuesday proposed an Asia-Africa growth corridor supported by Japan and India. He also said India is working with the US and Japan to support development in Africa. The move comes days after China launched its ambitious One Belt, One Road (OBOR) initiative. Speaking after declaring the 52nd Annual General Meeting of the African Development Bank Group open, which is being held ...

SunPower Corporation  is in the midst of a huge transition year, and the biggest changes will come in the company's power plant business.  The company can't be profitable on residential and commercial projects alone, so it's investing heavily in P-Series solar panel manufacturing and its Oasis power plant system in an effort to grow in utility-scale solar. The biggest news from the first quarter earnings re ...

The tandem of Manila Electric Co. (Meralco) and Repower Energy Development Corp. has started constructing a three-megawatt (MW) hydropower plant in Lalawinan, Quezon. Pure Meridian Hydropower Corp. (PMHC), the joint venture firm, will spend P700 million to build the project, which will generate over 200 jobs during construction  –  mostly hired from the local community. Once completed, total annual power ge ...

Talks between Indonesia and the United Arab Emirates could bring the launch of a $5 billion energy project, according to news from a recent meeting between Indonesian President Joko Widodo and UAE Energy Minister Suhail Mohammed Faraj Al Mazrouei. "We know that currently the world energy market is undergoing some transformation. Of course, changes have been made with sustainable and renewable energy," the p ...

The trading arm of Electrocomponents plc, as well as the worldwide distributor for engineers, RS Components (RS), will be expanding its product range in the Asia-Pacific (APAC) region by including thousands of products from the Festo range to its considerable Automation & Control (A&C) line-up in the region. Festo, a global performance leader in industrial training and educational programmes, and a ...

According to a study done by Accenture Research, distributed generation including residential solar PVs poses an ongoing threat to utility revenue and hosting capacity. The study comprises interviews conducted by Accenture with some 100 utility executives across 20 countries. The report is Accenture's fourth edition analysing trends within the digitally enabled grid market. Distributed energy generation and ...

In a new briefing paper, 'Arresting frequency changes in a modern electricity system', the CEC's director of energy transformation Tom Butler argued the current system of coal and gas plants providing frequency response is out of date. "While coal and gas power plants have traditionally provided inertia and system security services, many of Australia's coal plants are now past the date where they were expec ...

Banpu Power PCL, a subsidiary of Banpu PCL, and a leading Asian power-generating company operating both conventional and renewable power assets across Asia, has reported total revenue of Bt1.93 billion for the first quarter, an 11-per-cent increase over the same period last year. Earnings before interest, tax, depreciation and amortisation stood at Bt1.38 billion, while total net profit was Bt1.04 billion. ...

Vietnam is set to build a brand new 30MW solar PV plant in the north-central province of Thanh Hoa. The plant is being developed as a joint venture between local energy companies Song La Energy JSC and Song Lam Investment & Construction and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Son La Energy JSC’s Sinh Tien Tran told Pimagazine Asia that the co ...

MAN compressor technology for offshore gas production in China CNOOC China Limited Zhanjiang Branch has commissioned MAN Diesel & Turbo to supply a total of six compressor trains for the DONGFANG 13-2 Gas Fields Development Project in the South China Sea. “We are delighted that a renowned company such as CNOOC Ltd. has demonstrated its confidence in our compressor technology“,states Ronnie Su, Head of S ...