Library from Asia

Renewable energy sector left high and dry

Apart from a passing mention of the Ministry of New and Renewable Energy’s well-publicised target of 1.75 lakh MW (175,000 MW) of renewable energy capacity, the Budget had absolutely nothing for the sector. The target and the commitments were increasingly seen as unrealistic. The industry had been hoping that some measures would have demonstrated that the targets were not just hot air.
28 Feb 2015

After Fukushima, Japan gets green boom — and glut

Japan has been undergoing a green boom. It's now rapidly turning into a fiasco as the cost proves prohibitive and utilities anticipate putting some nuclear reactors, shuttered since the March 2011 Fukushima disaster, back online. The unfolding green glut in Japan echoes similar experiences in Germany and Spain.
30 Oct 2014

Samsung winds down European wind activities

A spokesperson confirmed that SHI has shut down wind activities at its Hamburg and London offices, but denied that the company was pulling out of wind altogether. "We are now downsizing the [wind] business based on our new strategy."
17 Oct 2014

More Japan utilities halt grid access

Okinawa Electric Power and Shikoku Electric Power have followed Kyushu Electric Power in temporarily halting grid-access applications for renewables projects, in the latest sign that Japan’s utilities are struggling to integrate solar and wind into their strained networks.
30 Sep 2014

Japan utility, Kyushu, to suspend grid access for new renewable energy producers

Kyushu Electric Power Co. (9508) will suspend responding to applications from renewable-energy producers applying to access its grid while it reviews how much more clean energy it’s capable of handling. The utility, which supplies power to the southern island of Kyushu, said the restriction begins tomorrow, according to a statement posted on its website. The decision doesn’t affect agreements already in place.
24 Sep 2014

Clean-energy defaults seen amid record China debt loads

Authorities are trying to cut manufacturing scope in green-energy industries after overproduction caused equipment prices to tumble. Shang Fulin, chairman of the China Banking Regulatory Commission, said in March it will seek to limit lending that worsens overcapacity. The wind-turbine and solar-power industries face “relatively large pressure” from excessive production ability.
5 Sep 2014

Wind power plunges to nil in Kovai

Coimbatore:Wind power production plunged to near nil on Tuesday in Coimbatore region as the industrial hub stares at yet another power crisis. The 5,300 windmills in Udumalpet produced just 2 mega watt of power on Tuesday, according to officials of Tangedco, the state power distribution agency.
20 Aug 2014

Wind turbine requires rezoning

After six years, a federally funded wind turbine tower is months away from being built. The plan is to build one 233-foot-tall windmill tower in Yona, which will require a zoning variance to allow for the structure's height.
26 Jun 2014

Sinovel wind bonds suspended from trade after yearly loss widens

Sinovel Wind Group Co. (601558)’s bonds were suspended from trading today after the wind-turbine maker said losses widened almost sixfold. The company reported a loss of 3.45 billion yuan ($551 million) in 2013 versus 582.7 million yuan the previous year, according to a statement to the Shanghai stock exchange yesterday.
30 Apr 2014

Towards affordable renewable energy

The problem is that the cost-plus tariff system rewards the most corrupt and inefficient proponents. The average is computed on the phony cost claims of such parties and becomes the order of the day. In Wind Power, this factor has come to pervade more so than in other cases. As a result, there is a huge difference between Wind Tariff in Pakistan and almost anywhere. ...The problem is that local professionals are themselves involved in the scam. Who would hire them, if they do not collaborate in the scam? ...What happens is that only the vested interest remains in the tariff award process. Third-party comments (interventions minus stamp paper) remain as a free advice to which nobody is obliged to respond.
27 Apr 2014

China wind turbine makers face consolidation as glut lingers

“Even as the current wind power market rebounds slowly, industry competition is still very intense” so that manufacturing companies don’t have sufficient profitability, Ma Jinru, a Goldwind spokeswoman, said by email. ... “Companies with less competitive technology and quality will die and their market share will be carved up by several rivals.”
17 Apr 2014

Auditors red flag Suzlon's ability to generate adequate cash

Loss-making Suzlon Energy's auditors have raised red flagged issues like the wind turbine maker's ability to generate adequate cash flow to support operations. Suzlon, grappling with tough business conditions, posted a consolidated net loss of Rs 1,075.25 crore in the three months ended December 2013.
16 Feb 2014

http://www.windaction.org/posts?location=Asia&p=3
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