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JSW ENERGY KEEN TO BUY LANCO’S UDUPI THERMAL POWER PLANT

Sajjan Jindal's JSW Energy may be keen to acquire Lanco Infratech's 1,200 mw thermal power plant in Udupi, a person with knowledge of the matter said, even though the plant in western Karnataka was shut down last week amid a payment dispute between the operator and the state government. "Lanco's shutting down the Udupi plant is only temporary ... It continues to make a lot of strategic interest for JSW and ...

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Intelligent Energy & Apple Partnership?

Fuel cell firm Intelligent Energy is working with Apple on a secret partnership that could propel the recently-floated British technology champion into the big leagues. Senior sources in the US told the Mail that the two firms hope to embed fuel cells in electronic devices such as laptops and mobiles within a few years. Fuel cells convert chemical energy from fuel into electricity in a way that is green and ...

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Strong quake hits Japan, triggering small tsunami

A strong earthquake hit Japan’s northern coast Saturday near the nuclear power plant crippled in the 2011 tsunami. At least one person was injured and a small tsunami was triggered, but no damage was reported. Japan’s Meteorological Agency said the magnitude-6.8 quake struck 10 kilometers (6 miles) below the sea surface off the coast of Fukushima. The 4:22 a.m. (1922 GMT Friday) quake shook buildings in Tok ...

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Australia’s Solar Power Revolution Could Change The World

Solar power is coming to the fore as a major future source of global energy, experts say. In Australia, where there are 1.2 million homes with solar panels installed on roofs, the growth of solar power has been so profound that wholesale prices of electricity have been driven low enough that few coal generators in Australia made a profit last year. In the state of Queensland this week for several days the p ...

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India bets on renewable energy, biotech

[NEW DELHI] Dashing the expectations of India’s scientific community, the newly elected government of Prime Minister Narendra Modi has only marginally increased the annual budgetary allocation for science departments. The budget for 2014—2015 presented in Parliament this week (10 July) sets aside one billion Indian rupees (US$ 16.6 million) for a national adaptation plan to give thrust to the renewable ener ...

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Thai firm to build $2.3 bln power plant in Vietnam

EGAT International, the overseas investment unit of the Electricity Generating Authority of Thailand, has signed a memorandum to build a $2.26-billion thermal power plant in central Vietnam, the Vietnam Economic Times newspaper reports. Construction of the 1,200-megawatt plant will start in Quang Tri province in 2017 and the first unit will begin operation in January 2021, the report said. ...

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MHPS Receives Order for GTCC Power Plant Equipment for NWPGCL, Power Provider in Bangladesh

- Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order for a set of gas turbine and steam turbine for the Bheramara gas turbine combined cycle (GTCC) power plant to be developed by North-West Power Generation Company Limited (NWPGCL), a regional power provider under the Government of Bangladesh. The prime contractor is Marubeni Corporation. The set of gas turbine and steam turbine will be sup ...

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Trans-Asia develop’s 320MW of hydro in the Philippines

Trans-Asia Oil and Energy Development Corporation has won contracts to develop three hydropower plants with a combined capacity of 320MW across the Philippines. According to reports from InterAksyon, the Department of Energy awarded the Phinma Group company service contracts for a 300MW project in Pililia, Rizal, a 10MW project in Ilagen, Isabela, and a further 10MW scheme in Buguias, Benguet. The contracts ...

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Singapore firm in $248m partnership to develop wind energy in Thailand

BANGKOK - Singapore-based wind and solar energy developer The Blue Circle and Bangkok-based renewable energy group Annex Power will form a partnership to tap into Thailand's wind energy investments. The partnership was expected to lead to approximately US$200 million (S$248 million) of wind project investments in Thailand, the companies said in a statement dated July 12. Wind power in Thailand, which is exp ...

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Solar PV to beat Coal & Gas on costing China & India

Solar PV and wind energy will beat both coal and gas on costs – without subsidies – in the major Asia energy markets of China and India by 2020, according to Bloomberg New Energy Finance. BNEF, in its Markets 2030 report last week, predicts a fundamental shift in Asia’s energy mix as the major economies turn increasingly to renewables and away from fossil fuels. The attraction of renewables means that it wi ...

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