Posts Tagged "Asia & India"

Japan accelerates its wind power expansion

Japan accelerates its wind power expansion

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With a month to go in its 2016-17 fiscal year, Japan is set to almost double the amount of new wind power capacity it installed over the previous year. Propelled by higher tariffs and a rising number of offshore wind farms, Japan will add 300 megawatts of wind...
“We will allow existing coal mines to continue operating, but new mining licenses will not be granted.”

– U Ohn Win, Myanmar’s Minister for Natural Resources and Environmental Conservation, on a decision by the government to stop issuing new coal mining licenses due to the harmful health effects. There are about 560 coal mines in the country.

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“We should reduce consumption of fossil fuels, coal in particular. Coal-fired power plants are accused of air pollution and fine-dust emissions.”

– Moon Jae-In, South Korea’s leading presidential candidate, regarding his pledge to reduce coal-fired power plants and phase out nuclear reactors as it strives to be more environment-friendly and low-carbon oriented. South Korea has more than 50 coal-fired power plants that supply about 40 percent of its electricity.

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Proposed Turkish coal plant abandoned

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Azerbaijan’s state-owned energy company has shelved plans to construct a 672-megawatt coal-fired power plant across the border in Turkey, following decades of protest against the project. In a formal letter, the seven credit agencies financing the plant announced that...

Pakistan warming up to wind power

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Pakistan is adding substantial wind capacity to its infrastructure, with up to 35 wind power projects totaling 1,750 megawatts expected to be operational by 2018. According to the country’s Alternative Energy Development Board, 12 wind projects with a cumulative...
“At present, procuring foreign loans for renewable energy projects is far easier than thermal power projects. A green power generation company also attracts global equity investors.”

– A senior analyst for India’s biggest power company, state-owned NTPC, on increasing renewables and decreasing thermal in its 10-year expansion plan.

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“The fall in the price of clean energy is driving massive capacity build across Asia, and that is an opportunity that even conventional energy firms can’t ignore.”

– Ashish Sethia, head of Asia-Pacific gas and power analysis at Bloomberg New Energy Finance, regarding the development and acquistion of large solar and wind projects by oil, gas and coal companies in India.

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Indian airports: land, roofs galore for solar

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India’s government has announced a program that will integrate 148 megawatts solar energy into the nation’s 143 airports. The Indian minister for civil aviation recently said the projects will be installed over the next few months. The projects are meant to...