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Yangtze Power output up 8.85 percent

China View-April 10th 2006BEIJING- Yangtze Electric Power Co., operator of the Three Gorges hydroelectric dam, said Friday it had generated 8.85 percent more electricity in the first quarter than a year earlier.

Yangtze Power produced 5.77 million megawatt-hours (MWh) in the January-March period, with 43 percent of the output coming from the Three Gorges, it said in a statement.

The company, China’s most valuable power firm, shares Three Gorges output with its State-owned parent, China Three Gorges Project Corp. The plant is the world’s largest hydropower project.

Its share of the dam’s output had been 3.378 million MWh in the first …


Armenia Receives Grants for Renewable Energy Project

 

RenewableEnergyAccess-April 5th 2006

Orangeville, Ontario- Grants and credits totaling US$50 million will assist the Armenian government to increase privately owned and operated power generation using renewable energy and to reduce greenhouse gas (carbon dioxide) emissions by overcoming barriers to the development of renewable energy.The World Bank approved a Renewable Energy Project for Armenia totaling US$25 million, including a US$5 million International Development Association (IDA) credit, and a US$3 million grant from the Global Environment Facility (GEF). The project will also be supported by co-financing of US$7 million from EBRD, US$3 million from the Cafesjian Family Foundation, and US$7 million …


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