(EnergyAsia, August 4, Monday) — Guy Carpenter & Company LLC, a leading global risk and reinsurance specialist, said it has published the Updated Prediction of Seasonal Tropical Cyclone Activity over the Western North Pacific for 2008. This is the second report produced by the Guy Carpenter Asia-Pacific Climate Centre at City University of Hong Kong (more…)
SINGAPORE: Fluor expands Asian operations
announced the expansion of its Asian presence with a new and expanded operations office in Singapore. The new location will offer a range of services to Fluor’s clients in the energy, chemicals, industrial, infrastructure, operations and maintenance sectors. The new office, located at 80 Robinson Road, #02-00 in Singapore’s prestigious central business district, will serve...
TAIWAN: Applied Materials breaks ground for US$17 million manufacturing centre in Tainan
project at its Tainan manufacturing centre in Taiwan. The US$17 million expansion will increase the company’s ability to meet the demand for both its AKT flat panel display equipment and SunFab(TM) thin film solar manufacturing equipment. The new facility is expected to be completed by the middle of next year. “This year’s strong demand for...
VIETNAM: Foster Wheeler awarded contract for grassroots refinery and petrochemicals complex
headquartered subsidiary Foster Wheeler Energy Limited, has been awarded a contract to build Vietnam’s second oil refinery in the city port of Nghi Son. The contract was awarded by Nghi Son Refinery & Petrochemical Limited Liability Company (NSRP LLC), a joint venture company between PetroVietnam and its international partners. Foster Wheeler did not disclose the...
FUNDS: US-based KLD Global Climate 100 Index makes 53% returns three years after launch
(EnergyAsia, August 4, Monday) –– Boston, Massachusetts-based KLD Research & Analytics Inc has marked the third anniversary of its Global Climate 100SM Index (GC100) – the first global index focused on solutions to climate change. The firm said the fund has returned 53% (15.24% annualised) from its launch on July 1, 2005 through June (more…)
MALAYSIA: First Solar inaugurates manufacturing plant in Kedah state
(EnergyAsia, August 4, Monday) — First Solaplants under construction at the Kulim Hi Tech Park in Kedah in Malaysia was inaugurated last month. First Solar’s investment of US$680 million will bring more than 2,000 jobs in management, engineering, accounting, human resources and factory operations when all four plants are fully operational. The Malaysian government has (more…)
AUSTRALIA: Capturing and storing carbon dioxide deep underground
CRC for Greenhouse Gas Technologies (CO2CRC), hosted a seminar last week to present and discuss the latest research and technology underpinning carbon dioxide capture and storage (CCS). They showcased the recently launched CO2CRC Otway Project, Australia’s first geological carbon dioxide storage demonstration in Victoria’s Otway Basin, where up to 100,000 tonnes of carbon dioxide is...
INDIA: Oil hurting rupee, widening budget deficit
more than US$100 a barrel for its oil imports for most of 2008. For the first half, it paid around US$46.8 billion for oil imports, up more than 41% over the same period last year. Fuelling inflation, the currency, the rupee, has been steadily declining against the US dollar, which, in turn, has been...
SOUTH KOREA: New window design seen as source of solar energy
developed a window coated with building integrated photovoltalic (BIPV) cells that can generate electricity from solar energy. The researchers, from Korea Advanced Institute of Science and Technology (KAIST) and Samsung, said they coated the windows with a solar gel containing (BIPV) cells. While much more research needs to be conducted to improve the windows’ energy...
PHILIPPINES: Lawmakers debate four-day work week to save energy
the work week for government employees to four days to save energy at offices and institutions. If approved, government workers would be putting in 10 hours a day for four days, instead of eight hours for five days. The measure would not include workers in emergency and security services. The government employs some 2.7...