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Asia

9 August 2010

China to launch $739bn new energy investment plan

China is to publish an investment plan that will see new energy sectors receive RMB5tr ($739bn) of funding by 2020, according to reports.

6 August 2010

Power generator AES lowers annual earnings per share guidance

Diversified power generator AES was forced to lower its yearly earnings per share guidance after its adjusted EPS fell by four per cent to $0.23, year-over-year.

6 August 2010

Indonesia to shortlist Tata and Medco for 200MW geothermal project

The Indonesian government has shortlisted both India-based energy generator Tata Power and PT Medco Energi Internasional for a 200MW geothermal plant, according to reports.

6 August 2010

Solar company Kyocera begins full-scale production at Yasu facility

Solar power generating system provider Kyocera said it will begin full-scale production at its new Yasu solar call manufacturing facility in the Shiga Prefecture, Japan.

5 August 2010

Asia solar industry set to soar, says Suntech as it wins contract to supply region’s largest plant

The solar industry is set to soar in Asia in the coming yeas, according to global solar panel and module producer Suntech Power, which has been selected to supply equipment for Southeast Asia’s largest solar plant.

4 August 2010

GE and Pro Ventum to build large-scale wind farm in Thailand

General Electric (GE) is set to build a 90MW wind farm to the northeast of Bangkok in Thailand, in collaboration with German wind developer Pro Ventum International.

4 August 2010

China to inject nearly $15bn into energy efficient vehicles by 2020

China will inject more than RMB100bn ($14.8bn) into promoting the adoption of energy efficient vehicles in the coming decade, local media reported.

3 August 2010

Biomass engine innovator Cyclone Power Technologies enters prototype phase with China licence

Cyclone Power Technologies has secured intellectual property (IP) controls for its biomass-to-power technology in China, allowing its licensee to develop a prototype of the generator system.

3 August 2010

GT Solar to supply OCI with polysilicon production technology

Global supplier of polysilicon production technology GT Solar International has received a $23.4m follow-on order from South Korea-based producer OCI Company, as OCI aims to become the world’s biggest supplier of polysilicon.

3 August 2010

Korea chemical company Hanwha Chemical acquires 49.9 per cent interest in Chinese solar manufacturer Solarfun

Korea-headquartered Hanwha Chemical has acquired 49.9 per cent of Chinese solar manufacturer Solarfun, enabling it to form two strategic partnerships and take sole ownership of a seperate company previously controlled by Solarfun's chairman.

3 August 2010

Chinese thin-film solar manufacturer Trony Solar withdraws IPO plans

China-based thin-film solar product provider Trony Solar has pulled its initial public offering, citing general market conditions as behind the withdrawal.

2 August 2010

Korean company OCI on track to be world’s largest polysilicon producer, targets solar market

Korea-based renewable energy material and chemical producer OCI plans to become the world’s largest producer of polysilicon, which is commonly used in the manufacture of photovoltaic technology, overtaking US company Hemlock.

2 August 2010

Vestas cements collaboration with China’s largest wind developer

Global wind turbine developer and installer, Vestas, will deliver 18 of its 2MW V80 turbines later this year to China Longyuan Power Group, cementing its long-running collaboration with China’s largest wind project developer.

2 August 2010

Suntech to supply Azure Power’s solar plants with PV modules

Crystalline silicon solar panel developer Suntech will supply India-based developer Azure Power with photovoltaic modules to be used to in the construction of new PV plants.

2 August 2010

Chinese wind turbine manufacturer Mingyang Electric signals $500m US listing

Mingyang Electric, one of the biggest wind turbine manufacturers in China, looks set to carry out an initial public offering in the US with the aim of raising $500m.

30 July 2010

Philippine geothermal company Energy Development Corp to spend $1bn on clean energy

Philippine-based geothermal power company Energy Development Corp (EDC) has committed to spending more than $1bn in renewable and clean energy projects before 2016.

30 July 2010

Engineer Timken expands into wind industry under $26m contract with Xinjiang Goldwind

Global engineer Timken has expanded its foothold in the wind industry with a $26m contract to supply turbine products and services to equipment manufacturer China’s Xinjiang Goldwind Science & Technology that represents the start of an ongoing collaboration between the two companies.

30 July 2010

China Solar Energy sells its Hong Kong subsidiary for $2.7m

China Solar Energy has agreed to sell 85 per cent of the share capital of its money-lending subsidiary D&M Finance for HK21m ($2.7m) to an individual Hong Kong investor.

30 July 2010

HK Electric commissions Hong Kong’s largest solar project

HK Electric has commissioned Hong Kong’s largest solar power generating project, comprising 5,500 south-facing thin-film photovoltaic modules with an aggregate capacity of 550kW.

29 July 2010

Panasonic to acquire Sanyo Electric as it aims to become top green innovator

Japan-based electronic giant Panasonic will fully take over its partly-owned subsidiary Sanyo Electric as it attempts to cement itself as a leader in green innovation in the face of rising competition.

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