JAPAN: Hitachi develops high-powered lithium-ion battery for use in hybrid electric vehicles

(EnergyAsia, June 1, Monday) — Japan’s electronics giant Hitachi Ltd said it and subsidiary, Hitachi Vehicle Energy Ltd (HVE), have developed a lithium-ion battery with the world’s highest power density of 4,500 W/kg. The new battery with 1.7 times the output of the company’s mass-produced automotive lithium-ion batteries will become available to domestic and overseas…

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JAPAN: Sanyo claims HIT solar cells achieved highest energy conversion efficiency of 23%

(EnergyAsia, June 1, Monday) — Japan’s Sanyo Electric Co Ltd said it has set yet another record for the world’s highest energy conversion efficiency in practical size (100 cm2 or more) crystalline silicon-type solar cells, achieving a efficiency of 23% at a research level for its proprietary HIT solar photovoltaic cells. The company said it…

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VIETNAM: Vinacomin to invest 73-trillion dong to develop country’s largest coal deposit

(EnergyAsia, June 1, Monday) — Vietnam’s state coal monopoly, Vinacomin, said it is planning to invest 73-trillion dong to mine the country’s biggest coal deposit in the northern region’s Red River Delta Basin. (US$1=17,800 dong). The company said it is looking to develop 11 projects from the estimated 210 billion tonnes of deposit that is…

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JAPAN: EV adoption boosted by new battery switching technology and charging infrastructure

(EnergyAsia, June 1, Monday) — A California, US-based electric vehicle services provider and intelligent network builder said it has helped the mass-market adoption of electric vehicles (EV) by unveiling what it says is the world’s first battery switch technology that comes along with electric car charging spots. “This simple range extension technology delivers a cleaner,…

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VIETNAM: Cavico subsidiary receives investment certificate for wind power plant

(EnergyAsia, June 1, Monday) — Cavico Corp, a leading infrastructure development company in Vietnam, said its wholly owned subsidiary, Cavico Transportation, has received its investment certificate from the Lam Dong’s People Committee for the wind power plant in Cau Dat-Xuan Truong Village in Lam Dong province. Cavico had earlier announced that it planned to actively…

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CHINA: Suntech to build 1.5MW solar system in Jiangsu province

(EnergyAsia, June 1, Monday) — NYSE-listed Suntech Power Holdings Co Ltd, the world’s largest manufacturer of crystalline silicon photovoltaic (PV) modules, said it is planning to build a 1.5MW solar system in HuaiAn city in China’s Jiangsu province. Working with Jiangsu Guoxin Asset Management Group Ltd, Suntech said it expects to complete the project by…

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THAILAND: PTTEP issues 40 billion baht debentures of up to 4% return

(EnergyAsia, June 1, Monday) — PTT Exploration and Production Public Company Ltd (PTTEP) said it has issued a new debenture to 14 financial instituions seeking to raise 40,000 million baht. (US$1=35 baht). Proceeds from the issue will help finance PTTEP’s five-year long-term plan, which began this year and will end in 2013. The plan involves…

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AUSTRALIA: Two local firms to jointly build country’s largest solar power system

(EnergyAsia, June 1, Monday) — Two Australian firms said they have teamed up to design and build the country’s largest solar photovoltaic power system at the Adelaide Showground. Built Environs, a building and engineering company, and Solar Shop Australia, a National provider of grid connect solar systems, said the proposed one-MW rooftop solar power system…

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CHINA: CNOOC to build new base in Fujian to store oil, support upstream activities

(EnergyAsia, May 29, Friday) — China National Offshore Oil Corporation (CNOOC), the country’s biggest offshore oil and gas producer, is developing a large multi-purpose base in Fujian province to store crude oil and products, manufacture petrochemicals, build ships and support its exploration and production activities. The project’s first phase on a 63-sq km site, almost…

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INDIA: Construction begins on Mangalore’s Rs10-billion crude oil storage facility

(EnergyAsia, May 29, Friday) — Construction work has begun on a strategic crude oil storage facility in the port city of Mangalore in India’s southwestern Karnataka state. The Rs10 billion project is expected to be completed in 2012. (US$1=Rs47). Indian Strategic Petroleum Reserves Limited (ISPRL) chief manager S Vijayananda led the foundation stone laying ceremony…

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INDIA: Sweden’s Sweco to help build underground oil storage tanks

(EnergyAsia, May 29, Friday) — Swedish engineering group Sweco said it has been chosen to provide advisory and planning services for the construction for a major underground crude oil storage facility on the west coast of India. The one-million-euro contract for work on the project’s first phase was awarded by state-owned Engineers India Ltd (EIL)….

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MALAYSIA: Petronas, MISC and Mustang form floating LNG joint venture

(EnergyAsia, May 29, Friday) — Mustang, a unit of international energy services company John Wood Group PLC, said it has signed up with two leading Malaysian companies, Petronas and MISC Berhad, to develop integrated floating LNG liquefaction, storage and offloading solutions. The joint venture, 60% owned by Petronas and 30% by Misc, will use Mustang’s…

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PHILIPPINES: Petron, Shell say will cease operating Pandacan oil storage depot

(EnergyAsia, May 29, Friday) — Two of the Philippines’ three oil refiners, Petron Corp and Pilipinas Shell Petroleum Corp, said they are planning to reduce or even cease operations at the controversial Pandacan oil storage depot in Manila regardless of the outcome of a national debate over its closure. Pandacan handles half the country’s fuel…

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SINGAPORE: Singapore Exchange Ltd makes another attempt to popularise fuel oil futures trading

SINGAPORE: Singapore Exchange Ltd makes another attempt to popularise fuel oil futures trading (EnergyAsia, May 29, Friday) – After several failed attempts, Singapore is attempting to launch another oil futures contract. The country’s main trading exchange, the Singapore Exchange Limited (SGX), said it will be launching a fuel oil futures contract on its derivatives platform…

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INDONESIA: ‘Biofuels Markets Asia and Jatropha’ event to be held in Jakarta from June 29 to July 1

(EnergyAsia, May 29, Friday) — Following the recent success of the ‘Biofuels Markets Asia and Jatropha’ conferences in Thailand, Singapore and India, Green Power Conferences will be holding this year’s event in Jakarta, Indonesia from June 29 to July 1.

The conference will provide insights into the latest developments in ethanol, biodiesel, jatropha and the next generation of feedstocks as well as an overview of the Asian biofuels market.

Topics covered include challenges facing the industry, technologies to reduce greenhouse gas emissions, latest developments in the ethanol industry, cost management, biodiesel policy, incentives and production technology, and the next generation of feedstocks. The conference will also discuss market trends, pricing, ethanol trading, ethanol production, biofuels blending, refining and downstream logistics.

Speakers at the event include Masnellyarti Hilman (Ministry of Environment, Indonesia), Kolluru Krishan (Malavalli Power Plant), Nelson Low (CME Group), Khoo Hock Aun, Chief Executive (Ark Bio), Yash Mankame (Praj Industries), Nicholas C Ashby (Celadon Capital), Bambang Tribudiman (National Biofuel Standard Agency), Ru Zhaoxiang (Biofuels Technology), Naren (BioEnergy Plantations),  H Mohan Behl (Government of India), Shoichi Kobayashi (Japan Bio-Energy Development Corporation (JBEDC)), Jakob Rietzler (Lao Institute for Renewable Energy (LIRE)), Jamey Hadden (Jatoil/Green Energy),  and Ulrich Steiner (Bayer Technology Services).

For more information on ‘Biofuels Markets Asia and Jatropha’, please contact Admin@EnergyAsia.com.

SINGAPORE: Carbon finance seminar on June 25 and 26 to discuss latest developments in CER projects

(EnergyAsia, May 29, Friday) — ‘The International Symposium on Global Carbon Finance and Market’, jointly organised by Singapore’s Nanyang Technological University and Australia’s University of New South Wales, will be held in Singapore from June 25 to 26.

The symposium aims to provide a platform for industry professionals, government officials and multilateral agency representatives to present the latest developments on carbon emissions reduction (CER) projects.

The event will also discuss financing and management mechanisms, carbon financing and trading, policy and regulations, CDM development, investment risks, forecasts and global outlook for the market.

Other topics covered include financing renewable energy projects with carbon credits, solutions to manage emissions risk, promoting energy efficiency in buildings with CDM, bankability of CDM projects, risk analysis, financing and trading in the carbon markets, models for CDM projects across different countries, project financing for biomass energy plants in Malaysia, carbon due diligence and feasibility assessments, investment analysis and the economics in Asia’s CDM market.

Speakers at the event include David G. Carmichael and Maria Balatbat (University of New South Wales), Ng Wun Jern, Kai Li and Robert Tiong (Nanyang Technological University), Jeff Huang (Chicago Climate Exchange), Mafalda Duarte (World Bank, Indonesia), Michel Buron (KYOTO Energy), Dinesh Babu (The Carbon Rating Agency), Andreas Bollmann (Swiss Re), William A Pazos and Marcelo Labre (Standard Bank Plc),

Ben Atkinson (Agrinergy), Chaiwat Muncharoen (Thailand Greenhouse Gas Management Organization), Wilfred Walsh (Biosphere Capital), Dorjee Sun (Carbon Conservation), Kiyoshi Okumura (World Bank Group), Bas Van Dun (One Carbon), Ashutosh Pandey (Emergent Ventures), Ong Gin Keat (Metax Engineering), Paul Wilden (Bank of New York Mellow), Suzanne Chew (TFS Green), Architrandi Priambodo (Asia Carbon), Mohamad Adan Yusof (Mensilin Holdings),and Nils Steinbrecher (ERM).

Two pre-symposium workshops to discuss climate change, climate science, policy and carbon markets will be held on June 24.

For more information on ‘The International Symposium on Global Carbon Finance and Market’, please contact Admin@EnergyAsia.com.

THAILAND: POWER-GEN Asia 2009 to be held in Bangkok from October 7 to 9

(EnergyAsia, May 28, Thursday) — The POWER-GEN Asia 2009 conference and exhibition, the event for the power generation and transmission and distribution industries in Southeast Asia, will be held in Bangkok, Thailand from October 7 to 9.

Organised by Pennwell, the event is said to have garnered support from the region’s ministries and energy authorities including Thailand’s Ministry of Energy, the Electricity Generating Authority of Thailand (EGAT), the Metropolitan Electricity Authority (MEA) and Provincial Electricity Authority (PEA).

The Thailand Convention and Exhibition Bureau (TCEB) have also announced their support for this high profile event.

POWER-GEN Asia, which will be held at the same venue as the Renewable Energy World Asia event, is expected to attract over 6,000 industry professionals to discuss the latest developments and ideas for the future of the Asian power generation sector.

Renewable Energy World Asia will introduce a dedicated conference track, specifically for renewable energy, that will focus on the developments, technologies, products and case studies for the renewable power generation sector.

The POWER-GEN Asia conference is a key forum for senior executives and industry leaders to discuss a range of topics, from the region’s energy markets, resources and environmental challenges to power plant generation technologies and operating and servicing plants, in order to meet the challenge of the growing demand for electricity.

Pennwell event director Glenn Ensor said: “We are delighted that POWER-GEN Asia is returning to Bangkok from October 7 to 9, the enthusiasm and support of the Thai Government and industry authorities will ensure the success of the event.

“Southeast Asia is one of the fastest developing regions in the world and its appetite for energy is growing at an astonishing rate. Recent estimates are that over US$50 billion investment is required in the region, in order to meet the growing demand for power.

“It is important that the region’s premier event for the power generation and transmission and distribution industries continues to go from strength to strength and we are delighted that so many companies have already committed to exhibiting at POWER-GEN Asia and Renewable Energy World Asia.”

With over 150 exhibitors and more than 6,000 visitors from over 50 countries, POWER-GEN Asia and Renewable Energy World Asia have become the most important annual meeting place for international power executives with interests in Asia.

For more information on POWER-GEN Asia 2009, please contact Admin@EnergyAsia.com.

AZERBAIJAN: ‘Caspian Oil and Gas 2009’ conference to be held at Baku from June 2 to 5

(EnergyAsia, May 28, Wednesday) — The ‘Caspian Oil and Gas 2009 Exhibition and Conference’ will be held at the Baku Sport and Exhibition Centre in Azerbaijan.

Over the last century and a half, the world has taken a steady interest in Azerbaijan’s energy resources which have attracted much attention from Europe, America and Asia. More than a billion tonne of Azeri crude oil have been exported to other countries.

The Caspian Oil and Gas conference will provide participants with an opportunity to learn about the latest developments in the region’s oil and gas sector.

The event will cover the potential and challenges of exploration and production in the Caspian Sea region, diversification of energy supplies to Europe, and the feasibility of a southern gas corridor to Europe as well as a review of the investment climate in Azerbaijan.

Speakers at the conference include Detlef Dauke (Germany’s Federal Ministry of Economics and Technology), Elshad Nasirov (SOCAR), Novruz Guliyev (Ministry of Ecology and Natural Resources), Rune Bjornson (StatoilHydro), Gregory Mattson (BP Azerbaijan SPU), Reinhard Mitschek (Nabucco Gas Pipeline International), Jeremy Ellis (RWE Supply & Trading), Neil McGugan (Tokyo-Mitsubishi UFJ), James E. Hogan (Salans Limited), Uwe H. Fip (E.ON Ruhrgas), Robert Klein (Trans Adriatic Pipeline Project), Markus Bronkhof (EGL Group), and Michael Peisser (OMV Gas & Power).

The ‘Caspian Oil and Gas 2009 Exhibition and Conference’ is organised by ITE. For more information on this event, please contact Admin@EnergyAsia.com.

PHILIPPINES: Dept for Energy considering planning framework for oil depots

(EnergyAsia, May 28, Thursday) — The Philippine government has begun drafting a national plan to cover the construction and planning of oil storage facilities as well as management of more than 80 oil depots throughout the country. The Department of Energy (DOE) has been forced to spell out the country’s oil storage policy as a…

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INDONESIA: East Kalimantan, South Sumatra railway projects to boost coal production

(EnergyAsia, May 28, Thursday) — Local authorities in Indonesia’s East Kalimantan and South Sumatra have both approved the construction of new railway lines to link coal mines with export terminals. A proposed 150-km link between the coal mines at Muara Wahau to the coast in East Kalimantan would greatly benefit the local as well as…

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MALAYSIA: Carbon Markets Asia conference in Kuala Lumpur on June 23 and 24

(EnergyAsia, May 28, Thursday) — Green Power Conferences will be holding its ‘Carbon Markets Asia’ event in Kuala Lumpur, Malaysia on June 23 and 24.

The event will bring together leading international players to discuss the progress made to date on carbon trading.

The speakers will analyse Asia’s role in the global carbon markets and discuss strategies to expand and develop the region’s market as well as challenges and opportunities that lie ahead over the next 12 months.

Topics covered include cross-border regulations, risk mitigation in CDM project financing, role of forestry in region’s carbon markets, investment in forestry projects, and progress in programmatic CDM.

The conference will also address issues on barriers to investment, standards affecting forestry sector and discuss strategies to tackle risks, factors affecting fluctuation, primary and secondary CERs and price differentiation, outlook for CER pricing and trend, opportunities for technology and knowledge transfer, the AFLOU and its impact, and the global impact of Chinese policy.

The speakers will also discuss the impact of the financial crisis on the market, the outlook for investments, and whether carbon trading provide real economic incentives to avoid deforestation.

The speakers include Albert Magalang (Philippine DNA), Dorjee Sun (Carbon Conservation), Minh Cuong Le Quan (GERES & Carbon Solidarity Asia), Sirithan Pairoj-Boriboon (Thailand Greenhouse Gas Management Organization), G N Agrawal (Mawana Sugars), Santosh Deshmukh (Jain Irrigation Systems), Bambang Hidayat (PT Bajradaya Sentranusa), Nur Masripatin (Indonesia’s Ministry of Forestry), Arghya Mukherjee (H. & R. Johnson), and Junji Hatano (Carbon Partners Asiatica).

The pre-conference seminar, ‘How to develop successful CDM projects’, will be held on June 22. The seminar will discuss:

• How to identify and design a successful CDM project
• Sources available for raising finance
• How to analyse the financial risk factors
• How to take a project through the CDM process
• Assessing the success to date and potential for improvement of current models
• A step-by-step guide to carbon credit trading
• Understanding legal implications for CDM projects

Speakers at the seminar include Kyoko Tochikawa (Carbon Partners Asiatica), and Soeren Varming (YTL-SV Carbon).

For more information on ‘Carbon Markets Asia’, please contact Admin@EnergyAsia.com.

SINGAPORE: Ezra raised S$92.4 million from placement of 78 million new shares

(EnergyAsia, May 28, Thursday) — Ezra Holdings Limited, a leading Singapore-based integrated support and marine services provider in the offshore oil and gas sector, said it has raised about S$92.4 million from the private sale of 78 million new ordinary shares at S$1.185 each. (US$1=S$1.145). These new shares represent 13.4% of Ezra’s existing issued ordinary…

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IRAQ: Navy may take over security role for key oil platforms

(EnergyAsia, May 28, Thursday) — The US is thinking of turning over security for a key offshore Iraqi oil platform, the Al Basrah Oil Terminal, to the Iraqi navy later this year. The Iraqi navy has already been put in control of the Khawr al Amaya Oil Terminal. Oil production at the two terminals accounts…

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INDONESIA: Firms eyes upside from higher coal prices

(EnergyAsia, May 28, Thursday) — Indonesian coal miners PT Adaro Energy and PT Indo Tambangraya Megah (ITM) expect to see improved results this year on the back of stronger coal demand and prices. Adaro is targeting a double-digit growth in revenues and profits for 2009. It expects to produce between 42 and 45 million tonnes…

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QATAR: Support waning for OPEC-styled natural gas cartel

(EnergyAsia, May 27, Wednesday) — Qatar seems to have lost its interest in taking part in an OPEC-style natural gas cartel which includes as members 16 of the world’s largest gas producers. Qatar is the world’s largest exporter of liquefied natural gas (LNG). Without its participation, plans for a cartel of gas-exporting countries cartel are…

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