JinkoSolar Holding Co., Ltd a leading global solar power product manufacturer, announced that JinkoSolar (Switzerland) AG, its Swiss subsidiary, has entered into a strategic cooperation agreement with the Guangdong Branch of China Development Bank ("CDB"), pursuant to which CDB intends to provide financing cooperation to JinkoSolar (Switzerland) AG of an aggregate amount up to US$ 1 billion over a five-year ...

A Korean company is mulling to introduce a smart grid technology to the Philippines' power distribution sector and participate in the development of the nascent electric vehicle industry, a government official said Monday. Department of Trade and Industry (DTI) Undersecretary Cristino Panlilio said LS Group officials led by their chairman John Koo, a member of the founding family of the LG Group, recently s ...

A security researcher claims that he found 23 vulnerabilities in industrial control software from several vendors after a different security company last week showcased vulnerabilities in applications from some of the same manufacturers, but chose not to report them. The vulnerabilities were discovered by Aaron Portnoy, vice president of research at startup security firm Exodus Intelligence, and affect SCAD ...

The state-run Taiwan Power Co. (Taipower) should draft a plan by 2015 for the decommission of the first reactor at the Chinshan Nuclear Power Plant, which is the oldest nuclear power plant in the country, a senior official at the Cabinet-level Atomic Energy Council said Monday. The operator of Taiwan's three running nuclear power plants has to come up with the plan by Dec. 5, 2015 to show the authorities ho ...

If Indonesia wants to sustain its economic expansion in the years ahead, it must generate more power to meet the rising demands of a growing economy. Djoko Prasetijo, deputy director for system planning of Indonesia's state utility Perusahaan Listrik Negara's (PLN), said for Indonesia, every 1 percent growth of the country's gross domestic product (GDP) would require electricity input to grow by 1.2 percent ...

Trans-Asia Oil and Energy Development Corp. on Thursday entered into a subscription agreements with several investors covering P400 million worth of shares. The proceeds from the placement will be used to finance the firm's 134-megawatt (MW) power plant through South Luzon Thermal Energy Corp. (SLTEC). "Proceeds from the private placement will be used by the company for its equity investment in the second 1 ...

The Kubota power station will start producing electricity from Jan.7, next year, and its 64MW capacity is expected to increase supply in the east coast. Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui, who visited the project site, was satisfied with the progress of the RM80 million project. "The east coast of Sabah has been facing inadequate electricity supply, and the Kubota powe ...

Kepco Philippines Corp., a unit of Korea Electric Power Corp., is still keen on developing a 200-megawatt coal plant for the shipyard of Hanjin Heavy Industries and Construction Co. Ltd.-Philippines. “Pursuant to the agreemen signed between the Philippine and Korean governments during the visit of Korean president, Kepco is still interested in putting up a power plant with Hanjin in the Philippines with pla ...

The Electricity Generating Authority of Thailand (Egat) insists that it did not cause blackouts on Samui and Pha-ngan islands. An electrician at Egat's station in Nakhon Si Thammarat's Khanom district said the station cut the power temporarily for maintenance on December 4 but after doing this it released electricity through a cable. Three minutes later, a problem occurred with the cable, which caused the b ...

Hydro Tasmania will pull its personnel out of the Malaysian state of Sarawak by the end of 2013, the company’s chief executive promised an indigenous delegation Monday. The indigenous leaders are touring Australia to demand that the Tasmanian government corporation stop participating in Sarawak’s plans to dam most of the state’s rivers. Hydro Tasmania is a dams operator and consultancy firm owned by the gov ...