Articles from Asia

Weak carbon credit prices drag on wind power prospects

Unless advanced economies adopt more ambitious reduction targets and are willing to use CDM to fulfill them, demand for carbon credits cannot easily recover. But uncertain economic and industrial production outlook in developed economies and a huge oversupply of carbon credits do not bode well for the market.
11 Mar 2013

Proposal to hike wind energy costs upsets Mahavitaran

Mahavitaran is opposing the "irrational" pricing of wind energy on various grounds. Unlike solar energy there hasn't been any breakthrough technology. For a stagnant technology the MERC is proposing a tariff range of Rs. 3.86 per unit to Rs. 5.80 ...The Maharashtra State Electricity Distribution Company Limited (MSEDCL) or Mahavitaran says it cannot accept the high cost of wind energy and is against passing on that cost to consumers.
17 Feb 2013

TWP requested to suspend Miaoli wind turbine project

On Wednesday, more than 200 Miaoli residents led by County Representative Liu Bao-ling protested outside the Ministry of Economic Affairs to demand that the bureau end TWP's wind turbine installations amid concerns the project would damage the county's landscape, make low-frequency noise and affect drivers' safety.
19 Jan 2013

Ministry wants competitive bidding for renewable energy procurement

The Ministry of New and Renewable Energy wants to make procurement of electricity from renewable sources also through competitive bidding process, just as in the case of conventional power. ...The Indian wind industry is already in trouble. Two major incentives - generation-based incentive and accelerated depreciation - have been withdrawn from the beginning of the year.
30 Dec 2012

Troubled Sinovel Wind to put workers on leave

Sinovel Wind Group Co, a large maker of wind power equipment, plans to put 350 workers on leave starting on Monday. ...In the third quarter, Sinovel recorded a loss of 280 million yuan, down from the 242 million yuan in profit in the same period a year earlier. Its third-quarter operating income, meanwhile, decreased by 82 percent year-on-year, falling to 548 million yuan. The company warned it might report an annual loss for 2012.
20 Nov 2012

Vestas reveals Norremark deals could cost EUR18 million

Vestas has announced it is terminating its severance agreement with former chief financial officer and deputy CEO Henrik Norremark, citing unauthorised deals costing the company "up to EUR 18 million". ..."[Norremark] seems to have entered into agreements in violation of the company's internal provisions regulating his power to bind the company as well as the company’s interests in general.
2 Oct 2012

Vestas to scale down India operations

Vestas, the world's biggest wind turbine manufacturer, has decided to "scale down its sales efforts in the Indian market''. Vestas is currently implementing a global re-organisation plan to develop a "more scalable and flexible organisation" and cut cost by €250 million by the end of 2012.
25 Sep 2012

Chinese-owned Ralls Corp. sues U.S. over wind-farm order

Ralls Corp., a holding company that controls wind-farm assets, alleged the multiagency Committee on Foreign Investment in the U.S., known as CFIUS, exceeded its authority when it ordered the company to cease operations and keep out of wind- farm development sites it bought, according to a lawsuit filed Sept. 12 in federal court in Washington.
14 Sep 2012

http://www.windaction.org/posts?location=Asia&p=7&type=Article
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