The Asian Development Bank will provide USD 85 million in loans to Solarco to build three solar photovoltaic (PV) power plants in Thailand, which together will have a capacity of 57 MW.

 ADB will provide a USD 52 million loan in Thai baht to Solarco, as well as another USD 33 million loan through its Clean Technology Fund, which is part of the Climate Investment Fund implemented by multinational developmen ...

Competition for a stake in an Australian wind farm is thinning, after a key shortlisted party pulled its interest. China Longyuan Power Group Corp won’t submit a final offer in an auction for a stake in Boco Rock wind farm. China’s largest wind-power producer had been shortlisted alongside Thailand’s Electricity Generating PCL as potential buyers of a stake in the New South Wales state wind farm, The Wall S ...

ReneSola Ltd, a leading global manufacturer of solar photovoltaic (PV) modules and wafers, announced it has agreed to provide Enerparc AG, an internationally oriented and dynamically growing provider of solar power plant installation and operation services, with 43.6 MW of solar modules, 35 MW of which will be delivered through original equipment manufacturers (OEMs) in Poland and India. "Enerparc places gr ...

Taking into account Chennai’s increasing requirement for drinking water, chief minister J. Jayalalithaa announced setting up of another desalination plant at Nemmeli at a cost of Rs 1,000 crore to augment the city’s water supply by additional 150 million litres. The plant will come up on about 10.50 acres lying vacant adjacent to the existing desalination plant in Nemmeli on East Coast Road. Making a suo mo ...

Toshiba Corp and SunEdison have agreed to build solar power plants in Japan. SunEdison will sell the power generated at these plants. Toshiba expects 270 billion yen ($2.75 billion) in orders for construction of power-plant-related facilities by the fiscal year end, and the Japanese company is in talks to build four or five mega-solar plants. Renewable energy sources have found more favor in Japan after the ...

Last week, state-owned Bharat Heavy Electricals Ltd signed a technology partnership with Japanese company Mitsubishi Heavy Engineering Industries, and expects business opportunities of 1500 crore annually from the pact. The company, through its partnership with Mitsubishi, provides FGD services to power plants, which helps power plants reduce sulphur emissions by about 25%, from 1500 milli gram per cubic me ...

The global revenues on new installations on the FGD market is expected to rise and fall over a range of $3-4 billion per year, but one market that is forecasting a consistent and strong growth throughout, is Asia The reason for the substantial fluctuation on a global scale is the size of individual orders. The year 2014 will be a bigger year in the Americas segment due to the new Utility MATS rule. This req ...

Alstom has been awarded a contract to supply equipment for the Yanbu 3 power and desalination plant located on the Red Sea coast in the western part of Saudi Arabia. This will be one of the country’s first supercritical power plants to run on heavy fuel oil. This investment is part of Saudi Arabia’s objective to expand its power generation base while minimising impact on the environment. The contract is wor ...

China State Grid Corp. and AMP Ltd. (AMP) are among companies considering buying Brookfield Infrastructure Partners LP s stake in a New Zealand utility, said three people with knowledge of the matter. Indicative offers for the 42 percent stake in Powerco Ltd., the country’s second-biggest electricity and gas distributor by customers, are due this month, two people said, asking not to be identified as the in ...

China Development Bank, a Chinese state-owned lender,  inked a deal to bankroll Indonesian power producer Sumber Segara Primadaya’s plan to build a coal-fired plant in Central Java. The funding for the plant, to be built in Cilacap with a total capacity of 614 megawatts, is the latest sign of interest in Indonesia’s economy from China. Muhammad Rasul, the president director of Sumber Segara, said that the p ...