(EnergyAsia, August 11, Tuesday) — The Chinese government said it will raise its subsidies for power generated from renewable energy sources to ensure that solar, wind and other clean energy sources provide at least 15% of its electricity by 2020. The subsidies are aimed at reducing the country’s dependence on imported fossil fuels and cutting...

(EnergyAsia, August 11, Tuesday) — The 10-member Association of Southeast Asian Nations (ASEAN) has the opportunity to engage the US government of President Obama on a number of issues when he visits the region later in the year.   At the 2nd ASEAN Think Tank Forum (AT2F II) in Singapore last week, the group discussed...

(EnergyAsia, August 11, Tuesday) — US major Chevron Corp said it has awarded a major front-end engineering and design (FEED) contract for the first phase development of the Wheatstone natural gas project in northwest Australia. Chevron awarded the contract for the project’s first phase comprising two liquefied natural gas (LNG) processing trains each with a...

(EnergyAsia, August 7, Friday) — The Resorts World at Sentosa in Singapore, is building a 500 kWp solar PV System. When completed in October, it will be the largest single PV installation in Singapore. The S$6 billion Resorts World resort is developed by Genting International, the overseas investment arm of the Genting Group and is...

(EnergyAsia, August 7, Friday) — The South Korean government expect to soon a one-trillion-won fund to secure energy and mineral resources abroad. (US$1=1,200 won). The fund would help Korean companies secure the rights to oil, gas, coal and mineral resources as part of a national campaign to lessen its dependency on imported energy.    The main...

(EnergyAsia, August 7, Friday) — China’s Yingli Green Energy said it has established deals with two companies to develop solar energy projects. It has established a strategic alliance with a subsidiary of China Guangdong Nuclear Power Holding Co Ltd to explore the opportunities for development of on-grid solar projects both in China and abroad. It...

(EnergyAsia, August 7, Friday) — Canada’s China Wind Power International Corp, a wind energy company that develops and operates wind farms in Heilongjiang Province, China, said that it has successfully completed a private placement financing for gross proceeds of C$27.3 million, and completed its amalgamation with Berkshire Griffin Inc. (US$1=C$1.08). The transactions are part of...

(EnergyAsia, August 7, Friday) — Taiwan’s legislature has passed a comprehensive Renewable Energy Development Act, setting the scene for a boom in its green energy sector, said the Ministry of Economic Affairs (MOEA). Under the act passed on June 9, the country will give priority to the development and application of renewable, pollution-free sources of...

(EnergyAsia, August 7, Friday) — The Asian Development Bank (ADB) and the World Bank have committed to funding a study on clean energy in the Philippines. The study will help the Philippine government prepare a clean energy investment plan for the country. One of its key objectives will be to identify priority projects and locations...

(EnergyAsia, August 7, Friday) — Germany‘s Nordex Group, a world leading supplier of wind turbines, has welcomed China’s decision to pay a fixed rate for wind-generated electricity. The government plans to pay a feed-in remuneration of between RMB0.51 and RMB0.61 per kilowatt hour depending on the area where a project is linked to the national...

(EnergyAsia, August 7, Friday) — China’s Trina Solar said it has started shipping PV modules to Spain’s Proinso, a distributor for solar photovoltaic equipment and a specialist in engineering services in Spain. Trina Solar is one of two suppliers to Proinso under a long-term supply agreement. Shipments for the second quarter of 2009 through 2010...

(EnergyAsia, August 6, Thursday) — Us-based Vega Promotional Systems Inc said its wholly owned subsidiary, Natural Fuels Industries (NFI), has agreed to acquire a 20% equity stake in a biomass pellet plant in Map Ta Phut in Thailand due to start up this quarter. The 500,000-ton-per-year plant, owned by Natural Fuels Industries Company Inc of...

(EnergyAsia, August 6, Thursday) — Replacing open fires that use solid fuels for cooking in developing countries with simple modern stoves, using liquefied petroleum gas (LPG) for example, would reduce many premature deaths from respiratory illness and lead to savings equivalent to US$91 billion a year, said a study by the World Liquefied Petroleum Gas...

(EnergyAsia, August 6, Thursday) — THE International Bunker Industry Association (IBIA) said it has intervened at the International Maritime Organisation to amend a controversial proposal to ban the blending of oil cargoes on board ships. At the 59th session of the IMO Marine Environment Protection Committee (MEPC) in London last month, there was strong support...

(EnergyAsia, August 6, Thursday) — Indonesia’s Tangguh project has exported its first cargo of liquefied natural gas (LNG) in Papua Barat province, said BP, as operator on behalf of the Tangguh project partners. The cargo set sail on board the Tangguh Foja last month, marking the start-up of the Tangguh project just over four years...

(EnergyAsia, August 6, Thursday) — Two leading Chinese solar energy solutions providers said they have recently secured credit and loan facilities. Trina Solar said it has secured from Standard Chartered Bank (China) Limited new credit facilities totalling $57 million, consisting of trade financing and defensive hedging products. The facilities are aimed to provide financial support...

(EnergyAsia, August 6, Thursday) — Astronergy said that it and its partners have launched the first 10 MW phase of a planned 100 MW photovoltaic power station in central China’s Ningxia Hui Autonomous Region. Initially covering two square kilometers in Shizuishan City in the arid Gobi Desert region, which receives on average 1,600 hours of...

(EnergyAsia, August 6, Thursday) — The International Air Transport Association (IATA)said the airline industry is committed to achieving carbon-neutral growth by 2020. The goal consists of three targets:  a 1.5% average annual improvement in fuel efficiency from 2009 to 2020; carbon-neutral growth from 2020, and a 50% absolute reduction in carbon emissions by 2050. To...

(EnergyAsia, August 6, Thursday) — Building on its leadership position in the delivery of sustainable property solutions, Lend Lease said it has signed a supply agreement with Nasdaq-listed First Solar Inc, one of the world’s leading solar technology providers. Lend Lease’s project management and construction subsidiary, Bovis Lend Lease, has agreed to purchase from First...

(EnergyAsia, August 5, Wednesday) — Keppel Singmarine Pte Ltd, the specialised shipbuilding arm of Singapore’s Keppel Offshore & Marine Limited, said it has delivered a multi-purpose duty rescue vessel on schedule to Russian oil giant LukOil. Jointly designed by Marine Technology Development (MTD), the ship design and development arm of Keppel O&M and its consultants,...

(EnergyAsia, August 5, Wednesday) — Underlining the high cost of adopting renewable energy, the UK government said its plan to increase the supply of power from renewable sources could cost each household an additional £250 per year. (US$1=£0.6). The government has set a target of raising renewable energy in the energy mix to 15% by...

(EnergyAsia, August 5, Wednesday) — Scientists have launched a global three-stage project to investigate the possibility of developing bioenergy into a major sustainable energy source. Dubbed “Global Sustainable Bionergy: Feasibility and Implementation Paths”, the project will gather representatives from academia, environmental advocacy groups and research institutions for meetings around the world overseen by an 11-person...

(EnergyAsia, August 5, Wednesday) — China’s Solarfun Power said it has received a 14.2 MW module order from Nobility Solar Projects for delivery in the second half of this year. Nobility, a distributor of solar products in Eastern Europe, is Solarfun’s distribution partner in the region. Peter Xie, Solarfun’s President, said: “Eastern Europe, and specifically...

(EnergyAsia, August 5, Wednesday) — A radical change in attitude to electric vehicles has occurred in 2009, resulting in huge new financing from governments and tough new laws that will boost sales. Now all car makers must offer electric versions in their line up or face oblivion as governments finally get serious about global warming,...

(EnergyAsia, August 5, Wednesday) — The Indian government’s mandated purchase price for biodiesel has stifled market activity and put into question the country’s ability to achieve the target of a 20% blend of biofuels in gasoline and diesel by 2017, according to critics. Hyderabad-based Cleancities Biodiesel said it is aiming to supply five million litres...