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South Korea Aspires to Export 80 Nuclear Reactors by 2030
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UAE is expected to experience radical growth in its IT spending this year with consumer spending surpassing enterprise spending. According to Gartner, a US-based information technology research and advisory firm, as compared to previous year, IT spending in the UAE is projected to enjoy a growth of 9.1% this year (2010), going up from $14.54 Billion and reaching $15.91 Billion, as per the news published by AMEinfo.com . This year, consumer   ... Read more
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South Korea Aspires to Export 80 Nuclear Reactors by 2030
17 Feb, 2010
South Korea aims to become the third biggest exporter of atomic energy technology, and to achieve this goal, it aims to export 80 nuclear reactors by 2030. According to the Korean government, South Korea aspires to export 80 nuclear reactors (valuing $400 Billion) by 2030 in order to become the ...Read more

US Wind Power Industry Added 10,000 MW New Capacity in 2009
09 Feb, 2010
Despite the pressure of economic slowdown, the US wind power industry added 10,000 MW new capacity in 2009 to take its total capacity to around 35,000 MW. The American Wind Energy Association has disclosed that the US wind power industry installed around 10,000 MW of new capacity in the year 2009 ...Read more

Power Consumption in India to Double Up by 2020
29 Jan, 2010
The current level of electricity consumption in India is all geared up to double by next decade, owing to government reforms and various other factors. According to a survey conducted by KPMG, consumption of electricity in India, which is currently around 600 Terawatt hours per annum, is all set ...Read more

Government Measures Likely to Revive Photovoltaic Industry in China
08 Jan, 2010
Backed by various government measures and polices, the PV industry in China is showing stupendous growth, further triggering development of the industry. According to Lv Jinbiao, vice-general manager of the largest polysilicon plant in Asia- Zhongneng Polysilicon Technology Development Co., among ...Read more

Oil Demand in China on Rise
05 Jan, 2010
China’s oil demand soared 18.7% in November 2009 over the same month a year ago on the back of China’s economic recovery from the 2008 financial crisis. A Platts analysis of official data showed that the apparent oil demand in China had soared 18.7% during November 2009 over the ...Read more

Indian Government Opens Shutter for 100% FDI in Renewable Energy
04 Jan, 2010
The Indian Government has given green signal to 100% FDI in the renewable energy industry to fully exploit its potential and meet soaring energy demand. The Government of India said that it would allow 100% Foreign Direct Investment (FDI) in the renewable energy sector, as reported by RTTNews . ...Read more

India to Tap Emerging Opportunities in Africa’s Oil & Gas Sector
21 Dec, 2009
Seeing high potential of Africa’s natural gas market, India is quite eager to invest in various aspects to harness continent’s natural resources in a cost-effective way. Petroleum Minister Murli Deora said that India is looking forward to be a part of Africa’s natural gas ...Read more

India Set to Generate 1000 MW Solar Power by 2013
16 Dec, 2009
Solar power can play an outstanding role in India’s domestic energy supply, as nearly 45% of households still have no access to electricity. India, at present, generates less than 5 MW of solar power every year. With the plans to produce 1000 MW of power by 2013, the country is all set to ...Read more

Bulgaria to Beat Czech Republic in Solar Energy
07 Dec, 2009
Bulgaria can become East Europe’s most lucrative solar energy market after Czech Republic if the government releases it from the legal pitfalls. Bulgaria is capable of overtaking the Czech Republic to become the most promising market in East Europe’s solar energy sector; however, it ...Read more

Brazil Aims for 20% Biofuel Mix by 2015
25 Nov, 2009
After the recent announcement requiring diesel vehicles to run on 5% biofuel mix from 2010 onwards, the Brazilian government now sets its eye on implementing 20% biofuel blend by 2015. Brazilian government’s decision to steadily increase the volume of biodiesel in diesel to 20% in big ...Read more

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