(EnergyAsia, August 5, Wednesday) — The Siyanping wind farm has started up in Wulong county in China’s southwestern province of Chongqing. The 6.6-sq km wind farm, Chongqing’s first, has a total installed capacity of 49.3 megawatts, and is capable of supplying about 90 million kilowatt-hours a year. The company plans to instal another 58 0.85-megawatt...
(EnergyAsia, August 5, Wednesday) — Chinese wafer manufacturer LDK Solar said it has acquired a 70% interest in Solar Green Technology SpA (SGT), an expert system integrator in the Italian market. LDK Solar said the investment will boost its efforts to develop additional projects and strengthen its presence in the Italian PV sector. SGT will...
(EnergyAsia, August 4, Tuesday) — China’s ReneSola said it has signed a letter of intent with the Yancheng city government in Jiangsu province to develop a 500 megawatt on-grid solar power generation project. The project will consist of mainly ground-mounted system applications and 10 MW of rooftop installations to be built over a six-year period....
(EnergyAsia, August 4, Tuesday) — Suntech Power said it has recently signed strategic agreements with four provincial and city governments in China to develop solar projects with a total capacity of 1.8GW. The agreements with Shaanxi province (300MW), Shizuishan city (500MW) in Ningxia province, Qinghai province (500MW) and Panzhihua city (500MW) in Sichuan province will...
(EnergyAsia, August 4, Tuesday) — Japan’s Sanyo Electric said its subsidiary, Shimane Sanyo, will invest 7.88 billion yen in a new HIT solar cell production line, to meet growing worldwide demand for photovoltaic (PV) systems. (US$1=90 yen). Part of the new demand will come from the numerous economic packages launched by governments around the world....
(EnergyAsia, August 4, Tuesday) — The costs of Australia’s Browse liquefied natural gas (LNG) project could top A$50 billion, matching the costs of the huge Gorgon LNG project, industry sources said. Gorgon, the country’s largest gas project, has almost three times the gas reserves as Browse, which includes the Torosa, Brecknock and Calliance fields...
(EnergyAsia, August 4, Tuesday) — Australia’s numerous high-value liquefied natural gas (LNG) projects could provide the country an important buffer against the effects of economic recession. Investors are at various stages of developing 10 LNG projects in Australia and Papua New Guinea worth more than A$200 billion. (US$1=A$1.2). Resources and Energy Minister Martin Ferguson said...
(EnergyAsia, August 4, Tuesday) — China plans to set up seven new wind power bases with a total capacity of 120GW by 2020. Each base would have a minimum capacity of 10 gigawatts (GW). The Chinese Wind Energy Association said the bases, worth a total of one trillion yuan, would be located in Gansu province,...
(EnergyAsia, August 4, Tuesday) — Australian mining giant BHP Billiton said it will invest US$260 million to increase production at its Mount Arthur Coal mine from 11.5 million tonnes per year of saleable thermal coal to 15 million tonnes per year. This is the equivalent of 20 million tonnes per year in a run-of-mine operation....
(EnergyAsia, August 4, Tuesday) — Australia’s leading research agency CSIRO and the US Department of Agriculture (USDA) said they have been jointly awarded a A$1.6 million grant to increase the understanding of genes responsible for growth and yield in grasses for use as bio-energy and food crops. (US$1=A$1.2). The joint research team will identify the...
(EnergyAsia, August 3, Monday) — World merchandise trade will decline by 10% this year, said the World Trade Organisation (WTO) in a report outlining contingency measures to deal with the global economic crisis. In its 2009 World Trade Report, the WTO said its economists had to revise downward their earlier forecast for a 9% decline...
(EnergyAsia, August 3, Monday) — OPEC expects world oil to grow by less than 0.6% or about 500,000 b/d to 84.3 million b/d in 2010, ending two consecutive years of decline. It expects world demand to shrink by 1.6 million b/d this year. Agreeing with the IEA, OPEC said non-OECD will make up the bulk...
(EnergyAsia, August 3, Monday) — Japan’s Mitsubishi Corp and Spain’s Acciona SA, a world leader in renewable energy, said they have signed a memorandum of understanding, for a comprehensive strategic alliance to develop and operate renewable energy projects and share innovation on sustainable solutions worldwide. Both companies have made a firm commitment to promote economic...
(EnergyAsia, August 3, Monday) — India’s Essar Energy Overseas Limited said it has acquired a combined 50% stake in Kenya Petroleum Refineries Ltd (KPRL) from three western oil majors, Shell, BP and Chevron. The Kenyan government holds the remaining 50% stake in the company which operates a four-million-metric-tonne-per-year refinery in Mombasa city. As the only...
(EnergyAsia, August 3, Monday) — North Delhi Power Ltd (NDPL) and Tata BP Solar said they are joining up to set up solar power plants in New Delhi including rooftop solar plants which will be connected to the electricity grid. The plan envisages the establishment of systems of up to one megawatt capacity. The electricity,...
(EnergyAsia, August 3, Monday) — Major automakers are preparing to launch the first models in a new generation of plug-in hybrid electric vehicles (PHEVs) in 2010, the development of which has been aided by a mix of consumer demand for fuel efficient cars and considerable government incentives. According to a new report from Pike Research,...
(EnergyAsia, August 3, Monday) — China’s Suntech Power said it will supply solar panels containing its new high efficiency Pluto cells to help power Sydney Theatre Company (STC) as one of several initiatives in STC’s ‘Greening the Wharf’ project in Australia. The 500kW Pluto solar system, which is due for completion in 2010, is slated...
(EnergyAsia, August 3, Monday) — The government of the six Greater Mekong Sub-region (GMS) nations have started work on a comprehensive plan of action to expand and strengthen cooperation in key areas, including energy and human resource development. At the 15th GMS meeting in June, ministers from Thailand, Cambodia, China, Laos, Myanmar, Thailand and Vietnam...