(EnergyAsia, July 5 2010, Monday) — Vietnam has reported higher coal output this year but sharply lower exports, due mostly to rising domestic consumption. For the first half, the country’s coal miners raised their production by 5.4% to 22.067 million tons, said the General Statistics Office (GSO). The government expects Vietnam’s coal output to reach...
(EnergyAsia, July 5 2010, Monday) — GreenWave Reality, a global company with significant operations in Singapore, Copenhagen (Denmark) and Irvine (California) has announced the expansion of its global R&D operations in Singapore for the company’s innovative home energy management platform. GreenWave Reality gives utilities a cost-effective energy management solution that enhances their relationship with consumers...
(EnergyAsia, July 5 2010, Monday) — By Dave Forest for Oilprice.com. Geothermal energy looks to be approaching a rolling boil. A few more positive indicators on the sector presented themselves recently. First came news that the US state of Alaska will reduce royalty rates for geothermal projects on state lands. Previously, state geothermal royalties had...
(EnergyAsia, July 5 2010, Monday) —: The Maldives Stock Exchange (MSE) is the first stock exchange in the world to achieve CarbonNeutral® company certification, said The CarbonNeutral Company, a world-leading provider of carbon reduction solutions, which measures and reduces carbon dioxide emissions. The MSE measured the greenhouse gas emissions that it produced from the energy...
(EnergyAsia, July 5 2010, Monday) — Minerals Energy Commodities, an equal joint venture between Indian industrial minerals producer Trimex Group and the UAE state-owned RAK Minerals and Metals, is aiming to venture into coal mining in Indonesia and power generation in India. MEC said it is in talks to swap some of its coal reserves...
(EnergyAsia, July 5 2010, Monday) —- China is making further inroads into Iraq as its government agreed to generously write-off 80% of oil-rich Iraq’s US$8.5 billion debts. The move has been noted by Baghdad as it welcomes Beijing’s move to strengthen its political and business interests in the Gulf nation. Iraq’s Finance Minister Bayan Jabr...
(EnergyAsia, July 5 2010, Monday) — Australia’s Coldry plant in Victoria state could begin exporting large-scale coal exports to Vietnam from late 2013 following the signing of an historic licensing agreement between Environmental Clean Technologies and Vietnam’s Thang Luong Investment and Joint Stock Company (TinCom). The June 25 agreement, signed in the presence of a...
(EnergyAsia, July 2 2010, Friday) — Hydropower is the largest renewable source of power generation and currently accounts for about 20% of the world’s total electricity supply, according to a new report by research house GlobaData. The world’s hydropower installed capacity increased from 695.8GW in 2001 to 888.8GW in 2009, registering a compounded annual growth...
(EnergyAsia, July 2 2010, Friday) — SunPower Corp, a Nasdaq-listed Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, said it has produced a full-scale solar cell with a sunlight-to-electricity conversion efficiency of 24.2% at its manufacturing plant in the Philippines. The company has claimed this as a world record, confirmed by...
(EnergyAsia, July 2 2010, Friday) — Canada’s Prophecy Resource Corp said it and Japan’s Sojitz Corp have entered into an exclusive agreement to jointly market thermal coal from Prophecy’s 208-million tonne Ulaan Ovoo coal deposit in northern Mongolia to buyers in China. The agreement also covers Japan and South Korea, provided that the coal is...
(Energy Asia, July 2 2010, Friday) — Philippine oil refiner Petron Corp is looking to secure more agreements with local ethanol producers to help meet rising demand, said company chairman and CEO Ramon Ang. Petron is expected to increase its investment in producing ethanol, a high octane, water-free alcohol from sugar cane and other crops...
(EnergyAsia, July 2 2010, Friday) — The world could lose its spare oil capacity as early as 2015 if other countries followed the US in imposing moratoriums or outright bans on deepwater drilling around the world, the International Energy Agency (IEA) and Barclay Bank analysts have warned in their latest assessment of the oil markets....
(EnergyAsia, July 2 1020, Friday) — GC China Turbine Corp, a leading Chinese manufacturer of twin blade wind turbines, said it has secured a RMB230-million order to supply wind power equipment to the 49.3MW first phase of the China Guodian Inner Mongolia Xilinguolemeng Tianhe wind farm. (US$1=RMB6.8). GC China said it will supply 50 wind...
(EnergyAsia, July 2 2010, Friday) — Canadian uranium producer, Cameco, said it has secured important supply agreements with two Chinese state-owned nuclear power companies. In the first breakthrough deal, Cameco will supply China Nuclear Energy Industry Corporation (CNEIC), a wholly-owned subsidiary of China National Nuclear Corporation (CNNC), approximately 23 million pounds of uranium concentrate through...