(EnergyAsia, September 12, Friday) — New Zealand’s Energy Efficiency and Conservation Authority (EECA) has endorsed the findings of a report that says biomass material from purpose-grown local forests to have great potential for use as a source of sustainable biofuels. Bioenergy Options for New Zealand’s report stated that New Zealand has enough medium to low...
(EnergyAsia, September 12, Friday) — The Tata Power Company Limited, India’s largest integrated private power company, said it plans to pay A$44.1 million for 29.4 million ordinary shares of Geodynamics Ltd, an Australia-listed company specialising in geothermal energy and enhanced geothermal systems. The shares represent 11.4% of Geodynamics’ issued share capital. (US$1=A$1.20). Tata Power said...
(EnergyAsia, September 12, Friday) — In its first year of operations as a listed company, Australia’s integrated renewable energy player Mission NewEnergy Limited has reported a net after-tax profit of A$2.28 million for the year ended June 30. (US$1=A$1.20). Formerly known as Mission Biofuels, the company said group revenue came to A$24.08 million while earnings...
(EnergyAsia, September 12, Friday) — China’s Guizhou province aims to soon produce one million tons of biodiesel a year from the jatropha curcas crop worth RMB10 billion a year. (US$1=RMB6.85). The provincial government has also set aside more than 16,700 hectares of land to grow jatropha curcas crop. It is also planning to build two...
(EnergyAsia, September 12, Friday) — The Oxford Princeton Programme will be holding a one-day workshop on the ‘Overview of the Petroleum Industry’ in Singapore on October 13. Participants will learn about the oil supply chain starting with exploration and production to downstream trading, marketing and retailing. The basics of petroleum refining, transportation, refined product marketing (more…)
(EnergyAsia, September 11, Thursday) — Thanks to strong government support and rising world demand, Taiwan’s solar sector companies could achieve total revenues of NT$500 billion by 2012. (US$1=NT$33). Taiwan is looking to the sun for its future energy needs partly as a way to reduce dependence on oil and gas, which are becoming increasingly expensive...
(EnergyAsia, September 11, Thursday) — NYSE-listed Yingli Green Energy Holding Company Limited, a leading vertically integrated photovoltaic product manufacturer, said it has signed a sales contract with Fire Energy SL, a Spanish PV system integrator and PV devices distributor. Yingli Green Energy is expected to supply a total of 16 MW of PV modules to...
(EnergyAsia, September 11, Thursday) — China Power Investment Corporation is investing RMB2.8 billion to build the largest wind power farm in Liaoning province. (US$1=RMB6.85). The 62-sq km wind farm is located in Tuoshan, Wafangdian in Dalian city. The company will initially invest RMB530 million to set up 33 wind power units, each with a capacity...
(EnergyAsia, September 11, Thursday) — Singapore-listed Guangzhao Industrial Forest Biotechnology Group Limited said it has begun commercial planting of a dwarf version of the Jatropha Curcas fuel crop after two years of intensive research. The company said the new strain produces more seeds and oil content, matures faster, and is shorter than usual to facilitate...
(EnergyAsia, September 11, Thursday) — Australia’s Origin Energy Limited said it has noted that UK’s BG Group plc has announced that it does not intend to extend the period of its offer to acquire all the shares in Origin and that it expects the offer to lapse on September 26. Origin said it acknowledges BG’s...
(EnergyAsia, September 11, Thursday) — The Asian Development Bank (ADB) will extend a $810-million, multi-tranche financing facility to Pakistan to boost its power sector, which is struggling to cope with growing demand. The funds, to be released in several tranches over 10 years, will support Pakistan’s $5.2 billion power distribution enhancement investment programme for 2008-2017....
(EnergyAsia, September 11, Thursday) — Worldwide Energy and Manufacturing USA Inc (WEMU) said its solar division, AmeriSolar, has signed $7.63 million in new solar module contracts from two new customers which it declined to identify. WEMU is a US-based China manufacturing company specialising in products for customers in the solar energy, aerospace, wireless telecommunications, medical...
(EnergyAsia, September 11, Thursday) — LDK Solar Co Ltd, a leading China-based manufacturer of solar wafers, said it has signed an eight-year contract to supply multicrystalline solar wafers to Japan’s Sumitomo Corp. LDK Solar said it will start delivering approximately 750 MW of multicrystalline silicon wafers from next year through 2016. Sumitomo will make an...
(EnergyAsia, September 11, Thursday) — In a first for Australia’s Queensland state, science agency CSIRO said it and Tarong Energy have announced a A$5 million joint pilot project to capture greenhouse gases. (US$1=A$1.15). The project will see the installation of a post-combustion capture (PCC) pilot plant at Tarong Power Station, 45km south of Kingaroy in...
(EnergyAsia, September 11, Thursday) — ‘Carbon Finance Asia 2008’, an event by Terrapinn, will be held at the Grand Hyatt from October 7 to 10. Under the Kyoto Protocol and other policies to combat climate change, projects that reduce emissions of greenhouse gases also generate a valuable new commodity. The sale of emission reduction units (more…)
(EnergyAsia, September 10, Wednesday) — The Oxford Princeton Programme will be holding a workshop, ‘Fundamentals of Petroleum Refining – A non-technical introduction’, in Singapore from October 16 to 17. The programme is designed to introduce non-technical oil industry members to petroleum refining, refinery operations and its effect on global oil and product prices. Topics covered (more…)
(EnergyAsia, September 10, Wednesday) — London, England-based Consultant darbon8 said it has been commissioned to carry out carbon management and measurement for the new Masdar City development in Abu Dhabi, slated to be the world’s first zero-carbon, zero-waste, car-free city. To provide the most accurate measurement of the city’s carbon footprint, dcarbon8 said it is (more…)
(EnergyAsia, September 10, Wednesday) — Indian state upstream company ONGC has started up its first renewable energy and wind farm project near Bhuj in Gujarat state this week. Chairman and managing director R.S.Sharma launched the 50 MW turnkey project which consists of 34 wind turbine generator (WTG) units each capable of generating 1.5 MW of...
(EnergyAsia, September 10, Wednesday) — Quality not quantity will be the most considered factor when biofuels are being considered for production and use, says a new report. There will be a high premium placed on carbon savings and sustainability credentials for biofuels, making second generation biofuels an attractive investment proposition, according to ‘The European Biofuels...
(EnergyAsia, September 10, Wednesday) — Singapore’s Temasek Holdings (Private) Limited said it has agreed to sell its wholly-owned subsidiary, Senoko Power Limited, to an international consortium, Lion Power Holdings Pte Limited, for a total of S$4 billion. (US$1=S$1.43). Led by Japanese trading house Marubeni Corp, Lion Power will pay S$3,650 million in cash and assume...
(EnergyAsia, September 10, Wednesday) — US chemicals giant DuPont said it has started up its photovoltaic solutions business in India. The service, a leading supplier to the photovoltaic industry, offers a broad and growing portfolio of innovative solutions for both crystalline silicon and thin film modules designed to help deliver clean, sustainable energy. The DuPont...
(EnergyAsia, September 10, Wednesday) — Japan’s Mitsubishi Electric Corporation said it will complete the construction of its new photovoltaic (PV) cell plant at its Nakatsugawa Works Iida factory in Nagano Prefecture by December 2009. The company is expanding its PV cell production capacity in response to rising world demand for solar power generation systems. Mitsubishi...
(EnergyAsia, September 10, Wednesday) — UK’s oil and gas facilities service provider Petrofac said it and the Dubai Petroleum Establishment (DPE) recently opened its new state-of-the-art 1,500 square metres training centre in Dubai, the first in the emirate. The Dubai Petroleum Training Centre (DPTC), the joint agreement between Dubai’s oil company, Dubai Petroleum Establishment (DPE),...
(EnergyAsia, September 10, Wednesday) — NYSE-listed Yingli Green Energy Holding Company Limited, a world leading vertically integrated photovoltaic product manufacturer, said its main subsidiary has signed a five-year credit facility agreement with DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and the Netherlands Development Finance Company (FMO). The European companies have agreed to lend Baoding...
(EnergyAsia, September 10, Wednesday) — China’s LDK Solar last month celebrated a milestone after its wafer plant capacity exceeded one gigawatt (GW) per year. A celebration was hosted by founding chairman and CEO Xiaofeng Peng in Xinyu city, China. “I would like to congratulate our team on their remarkable speed in expanding wafer production capacity...