(EnergyAsia, July 11, Friday) — Yingli Green Energy, a China-based vertically integrated photovoltaic (PV) product manufacturer, said it has started up small-scale production of polysilicon ingots, wafers, PV cells and PV modules from its latest 200 MW expansion project last June. The company expects to go into full production after completing the installation of the...
(EnergyAsia, July 11, Friday) — The Malaysian government is drafting a new national energy policy which is expected to be unveiled in August. The new policy will likely include a nuclear plant to enable the country to reduce its dependence on oil as an energy source. However, it could take Malaysia up to 20 years...
(EnergyAsia, July 11, Friday) — US-based GE Energy said it will be providing distributed control systems for 50 new biomass-fueled power plants in China. The biomass plants will generate electricity to support local grid networks as part of the country’s plan to develop new renewable energy sources and reduce dependence on greenhouse gases. China’s demand...
(EnergyAsia, July 11, Friday) — Danish wind energy developer, Vestas, recently broke ground for a new controller factory in Tianjin city in China. The factory is part of a long-term investment to meet the massive growth within the wind turbine industry and is a key link in the company’s global production chain. Vestas currently has...
(EnergyAsia, July 11, Friday) — New ZealandRenewable energy company Pure Power said it has launched a commercial offering of a new generation of biofuel crops: cuttings of Salix, a variety of willow. The company will have cuttings ready for foresters and farmers to start commercial energy farming of Salix in 2009. The new crops will...
(EnergyAsia, July 11, Friday) — SunTechnics India, a brand of Conergy Group, a leading global solar system integrator, has completed the design and installation of India’s first green housing project facilitated with building-integrated solar power. The 58-kilowatt project was developed in partnership with the West Bengal Renewable Energy Development Agency (WBREDA) as an initiative in...
(EnergyAsia, July 11, Friday) — China’s Trina Solar said it has signed an agreement to supply ERGYCA Power Srl, a subsidiary of GreenergyCapital SpA, which is listed on Italy’s Milan Stock Exchange. Under this fixed price three-year agreement, Trina Solar will supply GreenergyCapital with PV modules worth a total of $158 million. “We are very...
(EnergyAsia, July 11, Friday) — Canadian Solar (CSI) said it has signed a 10-year agreement to purchase soar wafers from China’s LDK Solar, a manufacturer of multi-crystalline and mono-crystalline solar wafers. LDK has been a key supplier to CSI since mid-2006. This new 10-year supply contract is in addition to the three-year supply contract signed...
(EnergyAsia, July 11, Friday) — Bahrain-based Arcapita Bank BSC said it has formed a joint venture partnership with Colossus Holdings, a Singapore based holding company of India’s Tanti group, to invest US$2 billion in a 1,650 MW portfolio of wind farms in the Inner Mongolia region of China. This is Arcapita’s first investment in China....
build a 246-megawatt (MW) hydropower plant in Cambodia. The Stung Tatay plant in Koh Kong province is expected to US$540 million. Under a build-operate-transfer (BOT) deal with Cambodia, CNHMC would operate the plant on the Tatay River for 37 years. The Cambodian government is developing hydro-power projects to meet the country’s growing demand for electricity....
hospitals and commercial entities including hotels and shopping malls. The country’s state oil companies, Indian Oil Corp, Bharat Petroleum Corp Ltd, Hindustan Petroleum Corp Ltd and Oil India Ltd, are unable to continue to provide the subsidies amid soaring crude oil costs on international markets, officials said. The government is encouraging the state oil majors...
liquefied natural gas (LNG) to become more expensive than crude oil, said consultant US-based Sanford C Bernstein & Co. Soaring demand and limited new supplies after 2010 would rapidly push up LNG prices, the consultant said in a new report. LNG cargoes are already selling for as much as US$20 per million British thermal unit...
because they cannot obtain supplies. That number is set to rise if oil prices continue to climb on the world markets. Pakistan’s worsening fuel crisis is adding to the country’s political instability and weakening economy. More people are losing their jobs while hunger is spreading and famine cases are escalating. Pakistan’s oil marketing companies (OMCs)...
(EnergyAsia, July 10, Thursday) — Solarfun Power, a vertically integrated manufacturer of silicon ingots and photovoltaic cells and modules in China, said it has signed a polysilicon agreement and, separately, has purchased the remaining 48% stake in Jiangsu Yangguang Solar. The agreement states that GCL Silicon Technology will immediately begin supplying Solarfun with virgin polysilicon (more…)
fund that will use carbon credits generated beyond 2012 to provide financing for clean energy projects in the Asia-Pacific region. The current regulatory framework, based on the Kyoto Protocol’s first commitment period expiring December 31 2012, is being blamed for hampering the trading in post-2012 carbon credits. This would affect the level of interest in...
the company’s polysilicon manufacturing capacity with the addition of a third plant at its Gunsan plant site, and the expansion of an existing facility. Polysilicon is a vital raw material for producing solar photovoltaic cells. Construction of the new 10,000-metric ton per year plant will start soon. The 880 billion won facility will be completed...
has set off a dramatic shift in vehicle buying patterns in the US, matching the adjustment that occurred in the oil shock of the late 1970s and early 1980s, according to the latest Global Auto Report published by Scotia Economics. CIBC made a similar finding in another report which predicted that Americans will pull out...
photovoltaic (PV) module for use in the country’s residential solar market. Sharp said the peaked-roof/ flat-roof model ND-191AV has achieved the industry’s leading module conversion efficiency of 14.4%. It said the module features an installation capacity that is about 1.5 times greater than previous modules due to the strengthened wind pressure resistance. The company will...
said it will invest nearly 13 billion krone in the first phase of an integrated manufacturing complex in Singapore to produce wafers, cells and modules for the solar energy industry. (US$1=5.07 krone). The plant is expected to start up in the first quarter 2010, reaching capacity of 740 MW of wafers, 550 MW of cells...
(EnergyAsia, July 9, Wednesday) – State-owned PNOC-Alternative Fuels Corporation (PNOC-AFC) and the Department of Science and Technology (DOST) have jointly acquired a set of equipment to extract oil from the jatropha crop for the production of biofuels. “The PNOC-AFC has bought a set of equipment which includes a small-scale jatropha expeller that can process around...
(EnergyAsia, July 9, Wednesday) — China is set to commission a new oil pipeline circling Beijing to ensure stable fuel supplies for the Olympic Games next month. The 183-km pipeline has an annual capacity of 2.85 million tonnes, enough to meet 70% of Beijing’s oil requirements. It links five oil depots with Sinopec’s Yanshan refinery...
(EnergyAsia, July 9, Wednesday) — Philippine Energy Development Corporation (EDC) said it will not be able to complete an 86-megawatt (MW) wind power project on schedule due to the worldwide shortage of wind turbines. EDC executives said suppliers have told them that it take up to four year to meet the company’s order. EDC is...
(EnergyAsia, July 9, Wednesday) — Singapore-based recycling firm EcoWise Holdings said it plans to set up joint ventures with crop producers and rice millers in Asia to produce fuel from biomass. EcoWise, which specialises in recycling copper slug from Singapore shipyards, is seeking to diversify into the renewable energy business. The company already operates a...
(EnergyAsia, July 9, Wednesday) — Sri Lanka’s Hayleys group said it is building a 10 megawatt (MW) wind power plant Nirmalapura in the country’s Kalpitiya peninsular on the west coast. The site will host seven wind turbines. Hayleys is assessing the type of turbines it will deploy. The company is also planning to add...
(EnergyAsia, July 9, Wednesday) — Thailand’s MFC Asset Management wants to increase its assets under management to 450 billion baht over the next four years to 2012. (US$1 =33 baht). The company’s plans include a new energy fund which would be a private equity fund focused on alternative energy projects. MFC has launched eight funds...