US: Greenhouse gases now classified as public health threat

(EnergyAsia, December 10, Thursday) — The US government has officially classified greenhouse gases (GHGs) as a threat to public health, potentially opening up the way for new taxes and increased costs on hydrocarbon production and use. The move will help reduce US oil consumption already weighed down by the economic recession. Predictably, the oil industry...

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CHINA: CNPC, KazmunaiGas acquire MangistauMunaiGas for US$2.6 billion

(EnergyAsia, December 10, Thursday) — A consortium comprising China National Petroleum Corp (CNPC) and Kazakhstan’s KazMunaiGas has acquired the Central Asian country’s fourth-largest oil producer, MangistauMunaiGas, for US$2.6 billion. MangistauMunaiGas controls oil reserves estimated at about 500 million barrels, and produces 110,000 b/d. State-owned Export-Import Bank of China helped finance the acquisition of the stake...

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INDIA: Suniva says its solar cell technology powering large-scale solar project in West Bengal state

(EnergyAsia, December 10, Thursday) — Suniva Inc, a Georgia, US manufacturer of high-efficiency monocrystalline silicon solar cells and supplier of solar modules, said it has collaborated with Titan Energy Systems Ltd to launch India’s first large-scale project in Jamuria, West Bengal state. Suniva said its cells power the 1MW solar electric power plant which will...

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CHINA: Council of experts proposes at least 4% carbon intensity annual reduction target

(EnergyAsia, December 10, Thursday) — The China Council of International Cooperation on Environment and Development (CCICED), a think tank comprising local and international experts from various fields, has proposed that the Chinese government set a target for the country to reduce its carbon intensity by 4% or 5% per year to achieve low carbon development...

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PHILIPPINES: Alsons unit to set up 2.5-billion-peso ethanol manufacturing plant

(EnergyAsia, December 10, Thursday) — Northern Mindanao Biofuels Corp (NMBC), a subsidiary of the Philippines’ publicly listed Alsons Consolidated Resources Inc, is setting up a 2.5-billion-peso ethanol manufacturing plant in the country’s southern region. (US$1=46 peso). NMBC is waiting for environmental compliance clearance for the project and is hoping to start building the plant by...

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CHINA: Germanischer Lloyd contracted to certify 3.6 MW offshore wind turbines for export

(EnergyAsia, December 10, Thursday) — Germanischer Lloyd (GL) said it has signed a contract with Shanghai Electric Wind-power Equipment Co Ltd (SEWIND) to provide type certification services for the Chinese firm’s 3.6 MW offshore wind turbines. GL will also provide development accompanying assessment (DAA) and design assessment services. “The export chances of certified wind turbines...

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CHINA: Joint initiative with US to develop electic vehicles failed to see “big picture”

(EnergyAsia, December 10, Thursday) — The US-China Electric Vehicle Initiative has been criticised for being a piecemeal project narrowly focused on product development that fails to consider the bigger strategy needed for urban development. Energy analyst Lee Schipper said that a zero-carbon car for China will not solve the much bigger problems of urban congestion,...

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CHINA: DuPont Apollo opens thin film PV production facility

(EnergyAsia, December 10, Thursday) — DuPont Apollo has started up its silicon-based thin-film PV module manufacturing facility in China. The 538,000-sq ft manufacturing facility will have an annual capacity of up to 50 MW with a thin-film-on-glass PV module production line. Full-scale commercial production is targeted for the first quarter 2010. In addition to providing...

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MARKETS: Factors contributing to the 2008 oil price shock

(EnergyAsia, December 9, Wednesday) — Analysts and academics have given a variety of reasons for the sharp run-up in oil prices from around US$30 in March 2003, when the US-led military invaded Iraq, to a record $147 in July 2008. Stockpiling and panic buying. When the US military invaded Iraq, it sparked off worldwide concerns...

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INDIA: Government estimates 2011-2012 coal shortage at 81 million tonnes

(EnergyAsia, December 9, Wednesday) — The Indian government has estimated that the country will suffer a coal supply shortage of 81.03 million tonnes for the fiscal year ending March 2012. This represents a 15.8% rise over the projected shortage of 70 million tonnes for the current year ending March 2010. To meet expected annual shortfalls,...

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CHINA: CICs pays US$400 million for majority stake in wind power group

(EnergyAsia, December 9, Wednesday) — Sovereign wealth fund China Investment Corp has agreed to pay $400 million for a majority stake in China Longyuan Power Group, Asia’s largest wind power producer. CIC will be the fifth key investor in Longyuan following earlier buy-ins by US billionaire Wilbur Ross, China Life Insurance Group, Value Parnters Ltd...

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CLIMATE CHANGE: Melting icebergs in Greenland and Antartica raises threat of coastal flooding

(EnergyAsia, December 9, Wednesday) — The rapidly melting icebergs in Greenland and Antarctica are increasing the threat of rising sea levels and coastal flooding just as the world’s oceans are unable to further absorb greenhouse gases. A study sponsored by Clean Air-Cool Planet, an environmental group, projects that climate change will lead to a one-meter...

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SINGAPORE: TRANE lays claim to setting up country’s most energy-efficient cooling system

(EnergyAsia, December 9, Wednesday) — Trane, a business unit of US$17 billion NYSE-listed Ingersoll Rand which designs and produces heating, ventilating and air conditioning (HVAC) systems, said it has achieved Singapore’s most energy efficient chiller plant retrofit. The company said the retrofit enabled The Galen building at Singapore Science Park to achieve energy efficiency of...

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ASIA: ADB to tap $700 million from two new funds to combat climate change

(EnergyAsia, December 9, Wednesday) — The Asian Development Bank (ADB) said it will channel around $700 million from two new investment funds to its developing member countries as part of an initiative to help developing countries meet the cost of actions needed to combat climate change. Donor countries including Australia, France, Germany, Japan, Netherlands, Norway,...

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INDIA: Government may auction off coal blocks to raise production

(EnergyAsia, December 8, Tuesday) — The Indian government is looking to adopt competitive bidding for the allocation of coal blocks to encourage domestic production in the face of rising demand. Power generating companies have expressed growing concern that the country will face more blackouts and brownouts if it fails to secure more coal supplies. Coal...

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JAPAN: Sharp claims 35.8% efficiency with triple-junction compound solar cell

(EnergyAsia, December 8, Tuesday) — Japan’s Sharp Corporation said it has achieved the world’s highest solar cell conversion efficiency of 35.8% using a triple-junction compound solar cell. Unlike silicon-based solar cells, the most common type of solar cell in use today, the compound solar cell utilises photo-absorption layers made from compounds consisting of two or...

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CHINA: Ningbo oil terminal in operation

(EnergyAsia, December 8, Tuesday) — Two strategic oil facilities on Daxie island in the Chinese city port of Ningbo in Zhejiang province have started operations. The Daxie Development Zone is along the Yangtze River Delta, about 40km away from downtown Ningbo. Local authorities have started up a 300,000-ton oil terminal at the same time that...

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SINGAPORE: Value of electricity traded falls in first nine months

(EnergyAsia, December 8, Tuesday) — The value of electricity traded in Singapore dropped significantly to just over S$4 billion in the first three quarters of the year, the Energy Market Company (EMC) said. (US$1=S$1.38). The wholesale electricity market operator said the nine-month figure pales in comparison against the record S$6 billion registered last year, reflecting...

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CHINA: China Integrated Energy Inc building biodiesel plant in Shaanxi province

(EnergyAsia, December 8, Tuesday) — China Integrated Energy Inc (CIE), a Nasdaq-listed energy company operating in China, said it is building a 50,000-ton-per-year biodiesel plant adjacent to an existing facility in Tongchuan city in Shaanxi province. The $15 million plant, due to start up in the third quarter of 2010, is expected to boost CIE’s...

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INDIA: NTPC eyes long-term contracts with coal producers

(EnergyAsia, December 8, Tuesday) — Indian utility firm NTPC will seek to tie up long-term contracts with international coal suppliers in its next financial year beginning March. For FY2010, NTPC has forecast it will need to import 12.5 million tonnes of better quality coal at a favourable price. Like other Indian utilities, it prefers coal...

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CHINA: A-Power, Shenyang Power and Amraas International to develop biomass and geothermal projects

(EnergyAsia, December 8, Tuesday) — A-Power Energy Generation Systems Ltd, a Nasdaq-listed provider of distributed power generation systems in China and manufacturer of wind turbines, and its subsidiary, Shenyang Power Group (SPG), have agreed to develop two power projects with Amraas International Private Limited in Pakistan. The first contract, valued at $120 million, involves the...

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CHINA: Solargiga starts generating power at 300kW PV pilot project

(EnergyAsia, December 7, Monday) — Solargiga Energy, a China-based monocrystalline silicon solar ingots and wafer manufacturer, said its 300kW photovoltaic (PV) pilot project in Jinzhou city, Liaoning province, has started generating power. Solargiga said the RMB12 million project in Jinzhou’s Binhai New District was developed by subsidiary Jinzhou Jinmao Photovoltaic Technology Co Ltd. (US$1=RMB6.84). The...

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INDIA: Enfinity and Titan Energy Systems to build 1 GW of solar installations in Andhra Pradesh stat

(EnergyAsia, December 7, Monday) — Enfinity, a global renewable energy developer, and Titan Energy Systems, a manufacturer of PV modules, said they will collaborate on developing, financing and constructing 1 GWp of PV installations on 3,000 acres of land in Andhra Pradesh state over the next five years. The partners will establish a special purpose...

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CLIMATE CHANGE: Intertanko’s guide on reducing greenhouse gas emissions

(EnergyAsia, December 7, Monday) — The association representing tanker owners, Intertanko, has published a new guide book on how ship operators can implement an International Maritime Organisation (IMO) circular on reducing greenhouse gas emissions. The association said its Guide for a Tanker Energy Efficiency Management Plan (TEEMP) will provide practical advice for operators to implement...

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NEW ZEALAND: Germany’s Siemens wins new order to supply 28 wind power turbines

(EnergyAsia, December 7, Monday) — Siemens Energy, a subsidiary of the German engineering giant, said it has secured a new order for the supply of 28 SWT-2.3-101 wind turbines for a wind power project near Hamilton city in New Zealand.   The buyer, Meridian Energy, will use the turbines for the 64MW Te Uku wind...

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