Japan announces coal plant in China
The power plant will be equipped with two 660,000-kilowatt power generators with a thermal efficiency rate reportedly 40 percent higher than the average rate at Chinese power plants.
Construction, scheduled to begin in April of this year, is estimated at $760 million. The plant is expected to be operational by the end of February 2010.
The Japanese power company said it will hold a 10 percent stake in the operation and it's newly established wholly owned subsidiary in Beijing that will oversee its Chinese power generation operations.
The subsidiary, J-Power Consultant China, will open April 1, the firm said.
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B.C. ordered to pay $10M for denying Squamish power project
VANCOUVER - A B.C. Supreme Court judge has ordered the provincial government to pay $10.125 million after it denied permits to a company that wanted to build a run-of-the river power project near Squamish.
In his Oct. 10 decision, Justice Kevin Loo said the plaintiff, Greengen Holdings Ltd., “lost an opportunity to achieve a completed and profitable hydro-electric project” after government representatives wrongfully exercised their legal authority, a transgression described in the ruling as “misfeasance.”
Between 2003 and 2009, the company sought to develop a hydro-electric project on and around Fries Creek, which sits opposite the Brackendale neighbourhood on the other side…
