(EnergyAsia, March 13, Thursday) — Tokyo Electron (TEL) has announced it is venturing into the photovoltaic cell production business after “extensive exploratory research” in the photovoltaic field. The company said it has agreed to establish a 51/49 joint venture with Sharp Corporation, a leading Japanese company in PV cell technology to commercialise plasma CVD systems...
CHINA: ET Solar Group announces agreement with Spain’s Meca Solar
(EnergyAsia, March13, Thursday) — ET Solar, a Nanjing, China-based integrated manufacturer of photovoltaic products including ingot, wafer, module, and state-of-the-art dual-axis tracking systems, said it has signed a framework collaborative agreement with Spain’s Meca Solar, one of the largest global state-of-the-art manufacturers of solar tracker systems. Meca Solar will provide technical and technological support and...
NEPAL: China to help finance construction of two hydropower projects
(EnergyAsia, March 13, Thursday) — China is expected to provide Nepal soft loans worth a total of US$187 million for the construction of two hydropower projects. The proposed 61 MW Upper Trishuli 3 ‘A’ and 44 MW Upper Trishuli 3 ‘B’ hydropower plants are slated to sell their electricity to domestic consumers, according to a (more…)
WORLD: More than 100 countries pledge to promote renewable energy at Washington conference
(EnergyAsia, March 13, Thursday) – Concluding last week’s major three-day Washington International Renewable Energy Conference (WIREC 2008), more than 2,800 officials from 119 countries have promised to promote renewable energy use and sustainable development, and reduce greenhouse gas emissions. The meeting launched the Washington International Action Program (WIAP), which will see governments, local authorities, private...
CHINA: Wind-generated electricity surged 95% in 2007
(EnergyAsia, March 13, Thursday) — The electricity produced by China’s wind power sector surged by more than 95% last year to 5.6 billion kilowatt hours, said industry association China Electricity Council. This came on top of a 22% rise in 2006. The National Development and Reform Commission, China’s leading economic planning agency, expects further growth...
TAIWAN: Wafer Works Corp invests in Cleantech America Inc
(EnergyAsia, March 13, Thursday) — San Francisco, California-based Cleantech America Inc, a leading developer of utility-scale photovoltaic (PV) solar farms, said it has received a substantial strategic investment in its Series B equity round from Taiwan’s Wafer Works Corp. The investor, a manufacturer of silicon wafers, has expanded into the solar power industry through its...
MALAYSIA: ‘Strategic Talent Management for Oil and Gas 2008’ in Kuala Lumpur from April 7 to 9
(EnergyAsia, March 12, Wednesday) — ‘Strategic Talent Management for Oil and Gas 2008’, a conference on skilled labour and professional workers, will be held in Kuala Lumpur, Malaysia from April 7 to 9.The shortage of skilled engineers in the oil and gas industry is a problem that has persisted for many years. The last oil (more…)
CHINA: EPower 2008 in Shanghai from April 22 to 24
(EnergyAsia, March 12, Wednesday) — China International Electric Power & Electric Engineering Technology Exhibition (EPETEE), rebranded to China EPower, will be held at Intex in Shanghai, China from April 22 to 24.The rebranding effort is part of the long-term strategy to grow the event into an internationally recognised platform for the global power industry. It (more…)
SINGAPORE: Courage Marine reports net profit of US$60.4 million on record freight rates
(EnergyAsia, March 12, Wednesday) — Singapore-listed Courage Marine Group Limited, a dry bulk shipper focused on infrastructure and energy commodities, said its net profit surged 117% to US$60.4 million for the year ended December 31, 2007. It said the strong demand for energy and building raw materials from China and the rest of Asia drove...
PHILIPPINES: State fuel company said biofuels not the cause of food price hike
(EnergyAsia, March 12, Wednesday) — The Philippines’ biofuels programme will not affect food production, much less cause food price hike, said Renato S. Velasco, chairman of the PNOC-Alternative Fuels Corporation.While it is true that the worldwide biofuels programme has generated a ‘food versus fuel’ debate, he said the situation in the Philippines is completely different...
JAPAN: Marubeni signed carbon credit transaction with Russia’s Gazprom group
(EnergyAsia, March 12, Wednesday) — Japanese trading Marubeni Corp said it has concluded with Gazprom Marketing & Trading Ltd, a unit of the Russian gas giant, their first transaction of forward delivered carbon credit under the Kyoto Protocol.Marubeni has already in place an emissions trading master agreement in January with Gazprom M&T, which is a...
CHINA: China Holdings Inc signs agreement to build fourth biomass project in Inner Mongolia province
(EnergyAsia, March 12, Wednesday) — China Holdings Inc said its subsidiary, China Power Inc, has signed a contract for the exclusive right to develop and construct a its fourth biomass-based 50MW power plant in Inner Mongolia Province.Local firm Ongniute will provide China Power with the rights to use up to 133,400 sq m of land...
INDIA: Micro-finance for clean energy projects
(EnergyAsia, March 12, Wednesday) — Two organisations have launched a micro-finance programme called Energizing India to provide loans to low-income communities to finance energy-efficient and renewable projects.Green Microfinance (GMf) of Pennsylvania and MicroEnergy International (ME) of Germany hope that their programme will promote sustainable energy through the provision of their micro finance loans.The loans will...
MALAYSIA: Record high palm oil prices halt operations at biodiesel plants
(EnergyAsia, March 12, Wednesday) — The record high price of palm oil has forced several major biodiesel players in Malaysia to completely cease production. Palm oil prices recently broke through the RM4,000-per-tonne barrier, rendering biodiesel unviable.At least two major Malaysian players, Sime Darby Bhd and Carotino Sdn Bhd, have ceased plant operations since last year.Carotech...
CHINA: Trina Solar signs equipment supply contract with GT Solar
(EnergyAsia, March 12, Wednesday) — NYSE-listed Trina Solar Limited, a leading integrated manufacturer of solar photovoltaic products, said it has signed an agreement with GT Solar Incorporated to purchase primary converter and reactor systems for its planned polysilicon production project for US$49 million.The payments will made in instalments over a period of 12 to 18...
CHINA: Singapore firm to build biodiesel refinery in Beihai city
(EnergyAsia, March 12, Wednesday) — Singapore-based China Agro-Technology said it has signed a memorandum of understanding with Beihai city in Guangxi province to build a biodiesel refinery using jatropha as feedstock.The forestry company said it will invest up to $200 million over the next four years to construct the two-million-year plant. By the first quarter...
PHILIPPINES: Alternative fuels company promoting jatropha planting in Samar province
Corp (PNOC-AFC) has commended the people of Basey town in Samar province for forming an association to promote the planting of jathropa trees in support of Manila’s alternative fuels programme. PNOC-AFC chairman, Renato Velasco, said that the Basey association, headed by Lt. Col. Jonathan Ponce, the commanding officer of the 62nd Infantry Battalion, is one...
INDIA: Orissa state to start up three small hydro power plants
scale hydro power generation plants in the new fiscal year starting April 1. The plants are part of a slate of 27 hydro power projects recently approved by the state government. Orissa has identified 70 sites for these plants which range in capacity from two to 25 megawatts (MW). As part of their deal with...
SINGAPORE: Ministry of the Environment and Water Resources unveils climate change strategy
last week released Singapore’s national strategy for addressing climate change. The National Climate Change Strategy (NCCS) was launched by Amy Khor, the ministry’s senior parliamentary secretary, and chairperson of the National Climate Change Committee (NCCC) at the Seminar on Energy Efficiency for Process Industry jointly organised by the Sustainable Energy Association of Singapore (SEAS) and...
WORLD: Total wind power capacity to top 100,000 MW this month, says Earth Policy Institute
MW this month, said the Washington DC-based Earth Policy Institute. According to the institute’s Jonathan G. Dorn, the world had 94,100 MW of wind power capacity — enough to satisfy the residential electricity needs of 150 million people — after rising by a record-breaking 20,000 MW. He said that Europe added 8,660 MW of wind...
CHINA: Coaltrans to be held in Beijing on April 14 to 15
(EnergyAsia, March 11, Tuesday) — Billed as the leading conference for the world’s largest coal industry, Coaltrans China will be held at the Sofitel Wanda hotel in Beijing on April 14 to 15. This year’s conference will focus on freight, infrastructure and logistics challenges for moving coal into and around China, analysis of coal projects (more…)
SINGAPORE: Hoe Leong joint venture acquires and charters floating mud plant barge
(EnergyAsia, March 11, Tuesday) — Hoe Leong Corporation Ltd, a Singapore-based supplier of heavy equipment parts for the agriculture, building and infrastructure construction, forestry, marine and mining industries, said it and its subsidiaries will invest US$8.5 million in a proposed joint venture, Supreme Energy Pte Ltd (SEPL). SEPL will charter out Supreme Energy 01, a (more…)
BANGLADESH: Grameen Shakti presents rural-based solar home system model at Washington DC event
renewable energy companies in the world, sent its founder and managing director, Dipal Barua, to Washington DC last week to explain the company’s model to World Bank officials and to representatives of developing countries attending the Washington International Renewable Energy Conference (WIREC). The US Agency for International Development (USAID) invited Barua to WIREC to...
CHINA: Sinopec, Flowserve sign strategic cooperation agreement
fluid motion and control products and services, said it has signed a strategic cooperation agreement with China Petroleum & Chemical Corporation (Sinopec Corp). New projects stemming from the agreement should lead to low-cost sourcing initiatives and aftermarket programs to improve parts and service support. The companies plan to share expertise in the areas of...
CHINA: Yingli Green Energy signs two polysilicon supply agreements with DC Chemical
vertically integrated photovoltaic (PV) product manufacturer, said it has signed two polysilicon supply agreements with Korea’s DC Chemical Co Ltd. Under the agreements, DC Chemical will supply US$27 million worth of polysilicon to Yingli Green Energy in 2008, and another consignment worth US$188 million from 2009 to 2013. “We are very pleased to initiate a...