(EnergyAsia, May 10 2010, Monday) — Philippine subsidiaries of Global Green Power Plc Corp, a joint venture between British and Filipino investors, have moved closer to building several biomass power plants with the capacity to generate at least 70 megawatts (MW). Green Power Panay Philippines Inc and Green Power Nueva Ecija Philippines Inc have signed...
SOUTH KOREA: US Matinee Energy signs solar energy MOU with Hyundai Heavy Industries and LG Electroni
(EnergyAsia, May 7 2010, Friday) — US-based Matinee Energy Inc said it has signed a Memorandum of Understanding and formed a strategic alliance with South Korea’s Hyundai Heavy Industries Company Ltd and LG Electronics Inc. Matinee has invited Hyundai and LG to join as lead partners for a total of 240 megawatts or $1 billion...
PHILIPPINES: South Korean firm acquires Angat hydropower plant for $441 million
(EnergyAsia, May 7 2010, Friday) — A South Korean firm has been awarded ownership of a Philippine hydroelectric plant after it submitted the highest offer of US$441 million in a competitive bid organised by the Power Sector Assets and Liabilities Management Corp (PSALM). Korea Water Resources Corp has been declared the new owner of the...
SINGAPORE: Sinopec considering refining-petrochemical complex on Jurong Island
(EnergyAsia, May 7 2010, Friday) — China Petroleum and Chemical Corp (Sinopec) is said to be considering the establishment of a large refining and petrochemical complex on Singapore’s Jurong Island. Sinopec is holding talks with the Economic Development Board for a possible major project, a spokesperson from the EDB has confirmed without giving any details....
UAE: US and Abu Dhabi’s Masdar to strengthen cooperation on clean energy
(EnergyAsia, May 7 2010, Friday) — The US Department of Energy (DOE) said it and Masdar, Abu Dhabi’s renewable energy initiative, have signed a memorandum of understanding (MoU) to promote collaboration on clean and sustainable energy technologies. The agreement, signed by the US Deputy Secretary of Energy Daniel Poneman and Sultan Ahmed Al Jaber, CEO...
INDONESIA: Greenpeace accuses palm oil giant Sinar Mas of breaking sustainability commitments
(EnergyAsia, May 7 2010, Friday) — Environmental lobby group Greenpeace has accused Indonesian plantation group Sinar Mas of continuing to destroy the country’s rainforests despite repeated promises not to do so. Greenpeace released what it calls “new evidence” ahead of Sinar Mas subsidiary Golden Agri Resources (GAR)’s annual general meeting (AGM) last month. Deforestation for...
JAPAN: Better Place launched switchable-battery electric taxi project in Tokyo
(EnergyAsia, May 7 2010, Friday) — Better Place said it has demonstrated the world’s first switchable-battery electric taxi in partnership with the Japanese Ministry of Economy, Trade and Industry, and Nihon Kotsu, Tokyo’s largest taxi operator. The 90-day project, launched last month, marked a key milestone leading up to a complete system test of all...
JAPAN: Ministry targets to boost share of electric and green vehicles to 50% of new car sales by 20
(EnergyAsia, May 7 2010, Friday) — Japan’s Economy, Trade and Industry Ministry said it aims to boost the share of environmentally-friendly vehicles of domestic new car sales to 50% by 2020 from 9% at present. The ministry is also targeting to install two million chargers in residences and households for use by electric, hybrid...
VIETNAM: AES signs power purchase agreement, advances on 1,200 MW coal power plant
(EnergyAsia, May 6 2010, Thursday) — US-based AES Corporation said its subsidiary, AES VCM Mong Duong Power Company Limited (AES VCM), has signed a power purchase agreement (PPA) with Electricity Vietnam (EVN), the state-owned power company, for Mong Duong II, a 1,200 MW coal-fired power plant. In support of this agreement, AES VCM has also...
SOUTH KOREA: OSolar and partner receive 1 MW tracking system order from China
(EnergyAsia, May 6 2010, Thursday) — OSolar Ltd, a South Korean photovoltaic engineering company, said it is expanding its global presence with a long-term strategic partnership with Longyuan (Beijing) Carbon Asset Management Technology Co Ltd, a subsidiary of China Guodian Group. OSolar said it and Longyuan have secured an order to supply 1MW of single-axis...
QATAR: GreenGulf, US Chervon to study solar energy technologies and applications
(EnergyAsia, May 6 2010, Thursday) — Chevron Qatar Energy Technology QSTP-B, an affiliate of the US major Chevron Corp, and GreenGulf Inc QSTP-B, a Qatar-based renewable energy and clean technology company, have signed a memorandum of understanding for a joint study to test solar energy technologies and their application in Qatar. The two organisations said...
JAPAN: EV maker Tesla Motors delivers 12 Roadster model, first in Asia
(EnergyAsia, May 6 2010, Thursday) — Tesla Motors, the Silicon Valley, US-based maker of the world’s fastest highway-capable electric vehicle, said it has shipped a dozen Japan Signature Series Roadsters from Port Hueneme, California to select customers throughout Japan. The hand-built, carbon fiber electric Roadster accelerates from 0-100 km in 3.7 seconds. In January, Tesla...
JAPAN: Kyocera supplying modules for 4MW solar plant in Czech Republic
(EnergyAsia, May 6 2010, Thursday) — Japan’s Kyocera said it is supplying modules for the largest outdoor solar-powered plant in the Czech Republic, a four-megawatts peak (MWp) plant covering a production area of nine hectares due to be completed next year. The developer, Austrian photovoltaic pioneer Pan Oekoteam, has connected 1.6 MWp of the Czech...
MALAYSIA: Felda Holdings plans host of CDM-eligible biomass projects
(EnergyAsia, May 6 2010, Thursday) — Malaysian plantation conglomerate Felda Holdings Bhd said it is planning to establish biomass projects under the auspices of the UN’s Clean Development Mechanism (CDM) to develop renewable energy use and create a new source of revenue. The organisation is looking to set up 56 biogas plants, six compost plants,...
INDONESIA: State-owned plantations to build biodiesel plants
(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...
INDIA: Government lowers target wind power generation capacity target by 2,000 MW
(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...
ASIA: UN forum in China unveiled new regional roadmap to low-carbon economy
(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...
CHINA: ADB to provide US$66 million loan for rural biogas projects
(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...
CHINA: CNAF to build at least four oil storage tanks by 2013
(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,...
LAOS: Four hydro power plants to start up this year, says government
(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...
EV: World demand for plug-in chargers to reach $11.75 Billion by 2015, says ABI Research
(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...
ASIA: ADB panel highlights enormity of climate change financing challenge
(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...
CHINA: SKF launched wind industry service centre in Shanghai
(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. ...
INDONESIA: Drydocks World Southeast Asia yards re-open on Batam Island after April 22 riots
(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...
UZBEKISTAN: ADB approved US$350 million financing to help build 800MW clean power plant
(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...