(EnergyAsia, September 2, Tuesday) — ET Solar Group, a Nanjing, China-based solar power solution provider and integrated manufacturer of photovoltaic products, said it has signed a master agreement for the turnkey construction of solar power plants for Wattner Group of Germany’s Cologne city. ET Solutions AG, the solar power solution arm of ET Solar, will...
(EnergyAsia, September 2, Tuesday) — Japan, long the dominant force in Indonesia’s liquefied natural gas (LNG) export market, may soon be edged out by more aggressive competitors from China and South Korea. Japan has typically imported some 70% of LNG produced in Indonesia, making it by far that country’s largest customer. Supply volumes from Indonesia...
(EnergyAsia, September 2, Tuesday) — Increasing rivalry over pipeline routes and energy security are driving military and security strategies in Asia, with Russia’s attack on Georgia last month being the most visible example. The contest over Georgia and the oil and gas pipelines that run through the country comes as Russia is increasingly using energy...
(EnergyAsia, September 2, Tuesday) —There are now 80 carbon funds, managing $12.87 billion in assets, up from 56 funds managing $7.9 billion one year ago, according to new research by Environmental Finance Publications. These funds either buy carbon credits (usually, but not exclusively, from Clean Development Mechanism (CDM) projects in developing countries) to sell for...
(EnergyAsia, September 2, Tuesday) — Solarfun Power said it has signed a letter-of-intent for a three-year deal to supply PV modules to Q-Cells International. The buyer is a fully-owned subsidiary of Q-Cells AG, the world’s largest independent manufacturer of solar cells. Q-Cells International will purchase from Solarfun a minimum of 100 MW of PV modules...
(EnergyAsia, September 2, Tuesday) — The North West Shelf Venture’s fifth LNG processing train located at its Karratha gas plant in Western Australia has started producing liquefied natural gas (LNG) for export to customers around the world including Japan, China and South Korea. With Train 5 now on line and contributing up to 4.4 million...
(EnergyAsia, September 2, Tuesday) — Embargoed by the West, Iran is pushing to secure financing and technology from Asian countries to develop its oil and gas reserves and boost production. Western firms are under pressure from their governments not to invest in Iran, which stands accused of developing a nuclear programme for military use. Iran...
(EnergyAsia, September 2, Tuesday) — US WTI crude oil prices have kept stubbornly well above US$110 a barrel after plunging from an all-time high of $147.27 a barrel on July 11. Numerous attempts to push prices below the $110 support the last seven weeks have failed. Instead, each correction has brought the bulls back into...
(EnergyAsia, September 2, Tuesday) — Conergy Korea, a subsidiary of Germany’s renewable energy company Conergy AG, has signed an agreement for a € 20 million 4.35 MWp extension of Asia’s largest, recently completed photovoltaic plant (19.6 MWp) in SinAn, southwest of the South Korean capital city of Seoul. (US$1=0.64 euro). Working with client DongYang Engineering...
(EnergyAsia, September 2, Tuesday) — Singapore-listed Asia Power Corporation Limited said it has acquired an additional 20% interest in its subsidiary, Asia Power (Leibo) Hydroelectricity Co Ltd (AP Leibo) from Chengdu Xing Chengyuan Hyrdopower Technology Development Co Ltd, Neijiang Xingyuan Power Group Co Ltd and Zigong Southwest Steel Co Ltd. The buyer paid nearly RMB2.77...