(EnergyAsia, November 10, Monday) — Nearly 6,000 industry professionals from more than 55 countries attended POWER-GEN Asia at the KLCC Convention Centre in Kuala Lumpur, Malaysia on October 21 to 23. This represented a record 12% increase from the previous edition in Thailand last year. More than 150 exhibitors participated, including some of the world’s (more…)
agreement to purchase power from ACCIONA Energy’s wind farm at Waubra in western Victoria state. The wind farm, the country’s largest, will generate 192 megawatts (MW), sufficient to meet the energy needs of 143,000 households each year. Construction of the Waubra Wind Farm is currently underway, with plans to complete the installation of the 128...
production continued to decline while revenues were boosted by higher prices for the quarter and year to September 2008. Third quarter output fell by 12% to 13.2 million barrels of oil equivalent while year-to-date output was down 10% to 40.8%. Boosted by high oil and gas prices, revenues rose 16% for the quarter to A$730...
Company has awarded a contract to Voith Siemens Hydro Shanghai to supply four Francis turbines at a rated output of 650 megawatts each for the Dagangshan hydroelectric project. The project on Dadu River in Sichuan province will be completely connected to the grid in 2014, with the first unit due for commissioning in 2013. When...
announced an ambitious plan to grow five billion jatropha trees to support the production of 10 million tons of biodiesel per year in the states of Rajasthan, Gujarat and Madhya Pradesh. CJP said it will team up with local players to jointly set up 30 zonal bio-business partners (ZBP) in the three states. The partners...
as a pioneering solution to reduce deforestation, tackle climate change, preserve global biodiversity and protect the livelihoods of millions of forest people in Indonesia and other developing countries around the world. Forests for Climate (FFC) is Greenpeace’s landmark proposal for an international mechanism to fund sustainable and lasting reductions of emissions from tropical deforestation in...
landed a five-year contract to supply solar cells to Netherland’s Scheuten Solar Technology GmbH. The new contract, from 2009 through to 2013, is an extension of two existing sales contracts. The three contracts are worth a total of US$460 million. Founded in 1950, Scheuten is one of the oldest glass and solar-energy companies in Europe....
to mitigate effects of climate change have backfired, said experts at last month’s IMF-World Bank annual meetings. With many developing nations experiencing deep shocks and citizen unrest due to rising food and fuel prices, plenaries and breakout sessions during the Program of Seminars addressed causes, effects and solutions. Commitments by members of the Organization for...
(EnergyAsia, November 10, Monday) — ‘Cleantech Forum XX’ will be held in Shanghai, China from December 3 to 5. More than 300 world leading investors in the cleantech business, representing over $3 trillion in capital, together with entrepreneurs, scientists and policy-makers, will be attending the event. As environmental requirements and government and economic incentives expand (more…)
crude oil from the Azeri fields produced by a BP-led consortium, almost three months after it was shut down by the five-day Russian-Georgian war. The 145,000 b/d pipeline will continue to pump 90,000 b/d right for the rest of the year....
(EnergyAsia, November 7, Friday) — The UN Economic and Social Commission for Asia and the Pacific (ESCAP) has helped launch a new forum to develop gender- and poverty-sensitive energy policies in the Asia Pacific region. Experts and policy makers will contribute to the regional forum to help provide women and the poor with reliable access (more…)
(EnergyAsia, November 7, Friday) — Denmark’s Vestas Wind Systems, the world’s leading supplier of wind power solutions, has opened its Asia R&D centre at the Fusionopolis in Singapore. The event marks the first milestone of the company’s 10-year plan to invest up to S$500 million in Singapore to advance research in wind power technologies in...
(EnergyAsia, November 7, Friday) — Norway’s Renewable Energy Corporation ASA (REC) has affirmed its plans to start up its S$3 billion solar energy manufacturing plant in Tuas, Singapore in the first quarter of 2010. (US$1=S$1.5). REC, a world leading producer of polysilicon and wafers and a pioneer in the global renewable energy industry, broke ground...
(EnergyAsia, November 7, Friday) — Singapore’s Keppel Singmarine Pte Ltd has built Asia’s first two icebreaking vessels to operate in the harsh Arctic environment for Russian oil giant Lukoil-Kaliningradmorneft. The Varandey and Toboy are designed to work in harsh environment, cutting through solid ice over 1.7m thick, equivalent to the height of a grown man,...
(EnergyAsia, November 7, Friday) — The Asian Development Bank (ADB) has agreed to support Vietnam’s 156 megawatt (MW) Song Bung 4 hydropower project with a US$196 million loan. The bank will work with Hanoi and state energy firm Electricity of Vietnam (EVN) to develop the project in the country’s central Quang Nam province. The country...
(EnergyAsia, November 7, Friday) — India’s National Hydroelectric Power Corporation (NHPC) Limited has begun work on developing the hydropower resources of neighbouring Myanmar. NHPC engineers will be targeting to develop the 1,200MW Htamanthi and 600MW Shwesayay projects. In September, the agency signed a Memorandum of Understanding (MoU) with Myanmar’s Ministry of Electric Power No 1...
(EnergyAsia, November 7, Friday) — KLD Research & Analytics Inc, a leading provider of environmental, social and governance (ESG) research and indexes, and global index leader FTSE, have established a strategic partnership to offer a comprehensive suite of ESG indexes. FTSE will collaborate with KLD on the conception, design and worldwide marketing of co-branded ESG...
(EnergyAsia, November 7, Friday) — The Energy Research Institute (ERI), a key division of China’s National Development and Reform Commission (NDRC), has joined the Renewable Energy and Energy Efficiency Partnership (REEEP). NDRC is the main policy making body in China on energy, environment and climate change. The agency formally signed up for membership at a...
(EnergyAsia, November 7, Friday) — MidAmerican Energy Holdings Company, a Berkshire Hathaway Inc subsidiary, has paid HK$1.8 billion for 225 million shares of Hong Kong-listed rechargeable battery producer BYD Company Limited. The shares represent roughly 10% of BYD’s shares on the Hong Kong stock exchange. BYD researches, develops, manufactures and sells rechargeable batteries (Li-ion, Nickel...
(EnergyAsia, November 7, Friday) — The Asian Development Bank (ADB) said it is supporting an innovative power project in Bhutan that will produce clean energy for export to India and increase electricity coverage in rural areas where the bulk of the poor live. The Green Power Development Project, which includes Bhutan’s first public-private partnership for...
and technology centre in Singapore, marking the company’s second expansion in the Asia Pacific region this year. The 20,252 square-meter facility located in the Jurong industrial area in western Singapore hosts production, technology research and development, logistics and operations activities. Describing it as a pioneering centre, Halliburton said it produces sophisticated electronic sensors used in...
human demands on the world’s natural capital reach nearly a third more than earth can sustain, said the conservation group WWF. In the latest edition of its Living Planet Report, the group said the planet’s health. In addition global natural wealth and diversity continues to decline, and more and more countries are slipping into a...
recently approved $505 million in financing for six new private equity funds designed to invest in clean and renewable energy projects in emerging markets worldwide. The funds will mobilise a total of $1.6 billion in capital for the sector, representing an historic commitment by OPIC to renewable energy. OPIC is providing up to $50 million...
photo-voltaic (PV) modules, said it is acquiring US-based Trans-India for $375 million. The proposed takeover has to be approved by the US Securities and Exchange Commission (SEC). Solar Semiconductor’s President and CEO Hari Surapaneni said the takeover could be completed by February 2009. After the merger, the joint venture could be called as Solar Semiconductor...
energy prices and energy policy, says US energy lobby group SAFE. The spike in energy costs, which boosted annual energy outlays for the typical American family by roughly $1,600 a year over the past two years, has probably undermined US household financial health more than the resetting of subprime mortgages. In turn, the tremendous costs...