(EnergyAsia, May 6 2010, Thursday) — Indonesia’s state-owned plantation firms, PT Perkebunan Nusantara (PTPN) III, IV and V, are expected to each begin building a biodiesel plant in Dumai in Riau province. The three plants, to cost a total of 400 billion rupiah, are expected to be completed within 18 months and start producing by...
(EnergyAsia, May 6 2010, Thursday) — The Indian government has lowered its original target for the nation’s wind power generation capacity for the five-year plan ending March 31, 2012 to 9,000 megawatts (MW) from 11,000 MW in light of the global financial crisis. Farooq Abdullah, New and Renewable Energy Minister, said the government plans to...
(EnergyAsia, May 5 2010, Wednesday) — Business leaders and governments meeting at a UN forum in China last week unveiled a roadmap for promoting low-carbon economic growth in the Asia-Pacific region. The Asia-Pacific Business Forum in Kunming city, recognised that combating climate change is a major challenge and identified opportunities for the Asia and Pacific...
(EnergyAsia, May 5 2010, Wednesday) — The Asian Development Bank (ADB) said it is providing a US$66.08 million loan to support China’s drive to expand the use of biogas energy generated from waste materials. The ADB said its board has approved the financial assistance for the Integrated Renewable Biomass Energy Development Sector Project. The loan...
(EnergyAsia, May 5 2010, Wednesday) — State-owned China National Aviation Fuel Holding (CNAF) said it plans to build at least four storage tanks over the next three years to hold oil products. The integrated jet-fuel supplier has signed a steel supply agreement with BaoSteel, China’s largest steel maker, for the storage projects. CNAF,...
(EnergyAsia, May 5 2010, Wednesday) — Laos will start producing electricity at four new hydro power plants this year as part of a long-term plan to become a major power producer and exporter, said the country’s Ministry of Energy and Mining. The new plants include the 615 MW Nam Ngum 2 plant, the 100 MW...
(EnergyAsia, May 5 2010, Wednesday) — The global demand for plug-in chargers will reach US$11.75 billion by 2015 after the first plug-in vehicles begin reaching the consumer market at the end of 2010 and achieve widespread distribution next year, said a US-based advisory group. These vehicles need to be plugged into the electrical grid to...
(EnergyAsia, May 5 2010, Wednesday) — Glacial melt, drought, desertification and reduced river flows are among the serious climate change impacts being experienced by countries in Central and West Asia, the ADB told a seminar audience in Uzbekistan last week. “The need for urgent actions on climate change at the local, regional and global levels...
(EnergyAsia, May 5 2010, Wednesday) — Singapore’s trade in physical crude and major oil products reached a record high of 4.22 million b/d last year, breaching the four-million-b/d level for the first time. All the growth came from the products trade which expanded more than 11.9% year-on-year to 3.336 million b/d and helped offset the (more…)
(EnergyAsia, May 4 2010, Tuesday) — SKF, a global supplier of bearings, seals, mechatronics, services and lubrication systems, recently launched its Asia Pacific wind industry service centre at the SKF Solution Factory in Shanghai, China. This is the third centre of its kind, following the first two set up in Hamburg, Germany and Houston, US. ...
(EnergyAsia, May 4 2010, Tuesday) — Drydocks World Southeast Asia (DDW-SEA) said it has reopened two of three of its shipyards, Pertama and Nanindiah, on Batam Island in Indonesia following the recent riots at the third yard, Graha. DDW-SEA reported that more than 70% of shipyard staff have returned to work, with operations at Graha...
(EnergyAsia, May 4 2010, Tuesday) — The Asian Development Bank’s (ADB) said its board of directors have approved US$350 million in financing to improve energy security and energy efficiency in Uzbekistan. The fund will be used to build Central Asia’s first 800 MW combined cycle gas turbine (CCGT) power plant. CCGT is the most efficient...
(EnergyAsia, May 4 2010, Tuesday) — The dairy sector accounts for around four percent of all global anthropogenic greenhouse gas emissions (GHG) according to a new Food and Agricultural Organisation (FAO) report. This figure includes both emissions associated with the production, processing and transportation of milk products as well as emissions related to meat produced...
(EnergyAsia, May 4 2010, Tuesday) — US Rare Earths Inc, a privately owned company, has commended the US Government Accountability Office (GAO) on its report documenting that China, supplier of 97% of the world’s rare earths, dominates the supply of rare earth materials crucial to the US defence, computer, electronics and renewable energy sectors. The...
(EnergyAsia, May 4 2010, Tuesday) —US conglomerate GE said it is working with the Chinese city of Yangzhou to become a worldwide destination for energy efficiency, reliability and sustainability by supporting the opening of Yangzhou’s smart grid demonstration centre. With worldwide adoption of smart grid technologies growing as a way to ensure adequate clean, affordable...
(EnergyAsia, May 3 2010, Monday) — Article by Darrell Delamaide for Oilprice.com. Stubbornly high crude oil inventories continued to stymie bulls through the middle of the week of April 26, but the market seized on positive economic data to push prices higher toward the end of the week. The oil spill from a collapsed rig (more…)
(EnergyAsia, May 3 2010, Monday) — Singapore’s Building Construction Authority and local property developer City Developments Limited (CDL) said they will be jointly organising a competition to raise awareness and engage tertiary students in the greening of the built urban environment. In Singapore, buildings and households account for about half of the nation’s total electricity...
(EnergyAsia, May 3, 2010) — The Asian Development Bank (ADB) said it will provide US$2 million as technical assistance to develop and implement access to clean energy projects for many people in Asia. An estimated 800 million people in the region’s developing nations have no access to basic electricity services while some 1.8 billion people...
(EnergyAsia, May 3 2010, Monday) — Germany’s Conergy AG said it has erected a 3MW photovoltaic plant to supply power to the local rural population around the city of Itnal in India’s Karnataka province. The plant, one of the largest PV stations in the country, will supply electricity to power 400 water pumps, provide lighting...
(EnergyAsia, May 3 2010, Monday) — China WindPower Group Limited, an integrated wind power company, said it has signed a strategic alliance agreement with the Liaoning branch of the China Construction Bank Corporation Limited (CCBC) as well as secure a RMB5 billion credit line with the bank for its business expansion. CCBC will promote extensive...
(EnergyAsia, May 3 2010, Monday) — US-based Solar Thin Films Inc said its soon-to-be subsidiary BudaSolar Technologies Co Ltd has signed a US$85 million contract with China City Investments Limited to provide the technology for turnkey production lines for a plant in Dalian city in China. The plant has a 85MWp/year capacity using silicon-based thin...
(EnergyAsia, May 3 2010, Monday) — Sinopec, China’s biggest refiner, has agreed to pay ConocoPhillips a generous C$4.65 billion to take over its 9.03% stake in oilsands producer Syncrude Canada Ltd. Analysts said the price represents a rough 10% premium over spot market valuation, which ConocoPhillips had held out for since it put its stake...