LATEST ASIA INDUSTRY NEWS FROM RENEWABLE ENERGY WORLD

On Sept. 3, U.S. President Barack Obama and China's President, Xi Jinping, formally agreed to participation in the negotiated 2015 United Nations Climate Change Conference (COP 21) Paris Agreement, a global agreement on the reduction of climate change.
 

The 382-MW Ulu Jelai hydropower project, which began construction in 2011, is 95% complete and expected to be fully-commissioned in the third quarter of this year, in the district of Cameron Highlands, Pahang, Malaysia, according to state-owned power utility Tenaga Nasional Bhd (TNB), Malaysia's largest utility company and the project’s owner.
 

The New Development Bank (NDB), which has an authorized capital of US$100 billion, could provide additional opportunities to fund development of new hydroelectric projects.
 

Published reports indicate the 165-MW Sultan Mahmud hydroelectric facility located on the Kenyir River in the interior district of Hulu Terengganu, Malaysia, suffered no damage after a 2.7 magnitude earthquake was recorded 10 km below the surface of its catchment, Kenyir Lake, at 9:25 p.m. local time on Feb. 23.  

On Nov. 11, Germany-based Aquila Capital announced it has signed an agreement with four Norwegian utility companies -- Statkraft AS, Agder Energi, BKK and Skagerak Energi -- to acquire all shares of Smakraft AS, Norway's largest small-hydro company.  

Vietnam’s Prime Minister, Nguyen Tan Dung, on Nov. 3 approved the content of the Vietnam Dam Rehabilitation and Safety Improvement Project. The six-year program is meant to perform rehabilitation and safety improvements throughout the country on dam infrastructure and is financed partially through official development assistance (ODA) loans from the World Bank.

Winter weather patterns on the United States’ west coast are forecast to produce heavier than normal rainfall amounts because of El Nino. But, Southern Oscillation -- an irregularly periodical climate change -- combined with El Nino can cause drought in eastern equatorial Pacific and Indo–Australian areas. 

Japan, the third-largest global bond player, is now becoming involved in using green bonds to have an affect on renewable energy that will likely include hydroelectric projects.  

Japan, the third-largest global bond player, is now becoming involved in using green bonds to have an affect on renewable energy that will likely include hydroelectric projects.  

At more than 10,800 ft above sea level, the 510-MW Zangmu Hydropower Station -- the largest in Tibet and one of the highest elevation hydroelectric facilities in the world -- is fully operational. Constructed at a cost of US$1.5 billion, the facility is located in Gyaca County, Shannan Prefecture on the Yarlung Zangbo River (Brahmaputra River), that flows through Tibet downstream into India and Bangladesh.

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