AsiaElec - Asia Power
China approves new $1.1bn Liuheng coal-fired power plant
The eastern Chinese province of Zhejiang has approved the construction of a new 2-GW coal-fired power plant at a cost of $1.10bn, state-owned Zhejiang Energy Group said on February 8.
India ponders pioneering coal exports
India could begin coal exports to Bangladesh, Nepal and Bhutan as part of the government’s efforts to counter China’s economic influence in South Asia.
Pakistan aims to renegotiate power investment terms with China
Pakistan is to try to renegotiate the capacity payments the country must pay for electricity from power plants built with Chinese support as part of the China Pakistan Economic Corridor (CPEC) system.
Chinese coking coal imports fall 25%
China’s imports of coking coal fell by 25% in 2021 because of an unofficial ban on Australian coal imports and lower shipments from Mongolia.
Mongolia’s 2021 coal exports fall 46% but profit rises to $2.7bn from year-ago $2.1bn
REM: Siemens Gamesa see its value drop nearly 50% in 12 months, CEO out
Original equipment manufacturers in the wind industry are facing a rocky road because of cost pressures and the pandemic. This means a slashing in their value and, in the case of Siemens Gamesa Renewable Energy, a toppling of their CEO.
AsiaElec: 900-MW Norwegian solar project in India postponed
Global O&M solar market set for fast growth, but new entrants will struggle
Global solar operations and maintenance spending is predicted to rise fourfold to $15bn by 2030, but low margins could deter new entrants to the market and reduce profits for established players.
Follow us online