Archive | March, 2006

SOLAR: Report says world PV market rose 34% last year

(EnergyAsia, March 31) — The world market for solar photovoltaic (PV) installations grew by 34% last year to 1,460 megawatts (MW), according to a report by SolarBuzz. With installations of 837 MW, Germany accounted for more than half of world demand.             Germany’s PV market installations, which grew 53% last year, exceed the US market […]

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ABU DHABI: ExxonMobil, ADNOC sign agreements for Upper Zakum Oil field development

(EnergyAsia, March 31) — Exxon Mobil Corporation said it and its subsidiaries have signed agreements with Abu Dhabi National Oil Company (ADNOC) through which ExxonMobil Abu Dhabi Offshore Petroleum Company Limited (EMAD) received a 28% undivided interest out of ADNOC’s 88% interest in the Upper Zakum oil field. This will leave ADNOC with a 60% […]

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CHINA: ErSol opened solar module production plant in Shanghai

(EnergyAsia, March 31) — Germany’s ErSol Solar Energy AG and its Chinese partners have officially opened the module production plant of their joint venture company Shanghai Electric Solar Energy Co Ltd (SESE). ErSol was represented by its CEO, Claus Beneking.   ErSol (35%), Shanghai Environment Protecton Complete Engineering Co Ltd, a subsidiary of Shanghai Electric […]

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INDIA: ONGC to receive carbon credit for clean technologies

(EnergyAsia, March 31) — Upstream company ONGC has become the first state organisation in India approved to undertake clean development mechanism (CDM) projects under the Kyoto Protocol to combat greenhouse gas emissions.             Six of the company’s CDM projects received host country approval from India’s Designated National Authority (DNA) on last week.   These CDM […]

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INDIA: IndianOil Corp teams up with Russia’s STG to undertake pipeline projects

(EnergyAsia, March 31) — Indian Oil Corporation and Stroytransgaz (STG), a major Russian construction company in the oil and gas sector, have signed a memorandum of understanding (MOU) to pursue pipeline projects in India and abroad.   The MOU was inked by A.M. Uplenchwar, pipelines director of IndianOil, and L. Bokhanovskiy, STG’s first vice president, […]

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INDIA: TATA POWER starts work on 250 MW coal-based power plant at Trombay

(EnergyAsia, March 31) — The Tata Power Company Limited (TPC) has started work on building a new 250 MW power plant at its Trombay Thermal Station in the Indian state of Maharashtra. A groundbreaking ceremony for the project was held recently with Dilip Walse Patil, Maharashtra’s Minister for Energy, Medical Education, Higher and Technical Education […]

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RENEWABLES: Guinness Atkinson to launch alternative energy fund

(EnergyAsia, March 31) — US-based Guinness Atkinson Asset Management Inc said it will soon launch the no-load Guinness Atkinson Alternative Energy Fund, which will invest in companies involved in the production, distribution or storage of alternative energy, including energy conservation. The fund is designed as a vehicle for investors seeking to profit from and participate […]

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CHINA: Change to jet fuel pricing system from April 1, says Singapore-based China Aviation Oil

(EnergyAsia, March 29) — Singapore-based China Aviation Oil Corporation Ltd said that the authorities in China have released new regulations pertaining to the sale prices of aviation kerosene fuel from April 1.   Under this new scheme, the pricing system for sales of aviation kerosene for domestic flights within China (i.e. flights entirely within China […]

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