(EnergyAsia, November 14, Friday) — Saudi Aramco and ConocoPhillips said they will halt the bidding process associated with the construction of their planned 400,000 b/d export-oriented oil refinery at the Yanbu Industrial City in Saudi Arabia. Citing uncertainties in the financial and contracting markets, the companies said they have postponed contract bids to be submitted...
(EnergyAsia, November 14, Friday) — Shell Gas & Power International BV (Shell) said it has signed a coal gasification and gas treating licence contract with Korea Western Power Co. Ltd (KOWEPO), a state-owned power utility company in South Korea. The contract is for the sale of licences covering Shell’s coal gasification process (SCGP) technology and...
(EnergyAsia, November 14, Friday) — China’s Yingli Green Energy Holding Company Limited, a world leading vertically integrated photovoltaic (PV) product manufacturer, said it has signed a new long-term agreement to buy polysilicon from Germany’s Wacker Chemie AG. Wacker Chemie will supply Yingli Green Energy with polysilicon from 2010 through the end of 2017. The total...
(EnergyAsia, November 14, Friday) — China Clean Energy Inc said it has resumed biodiesel production at its Fujian province plant in light of a recent drop in raw material prices. The decline is enabling the company to enjoy make “sufficient margins” on biodiesel production. China Clean Energy sai dbiodiesel is now selling for around RMB5,500...
(EnergyAsia, November 14, Friday) — The Asian Development Bank (ADB) said it is providing a new $3 million grant to expand its clean energy programme to involve more developing member countries. ADB will explore energy efficiency market opportunities in Afghanistan, Bangladesh, Cambodia, Laos, Mongolia and Uzbekistan through a broad range of policy and financial support....
manufacturer of high-efficiency monocrystalline solar cells, said it has signed a long-term silicon wafer supply agreement with Sino-American Silicon Products Inc (SAS), a leading supplier of high purity ingots and wafers to the solar energy and semiconductor industries. Sunrise has agreed to buy approximately $150 million dollars of silicon wafers from SAS starting in January...
contribute a total of $14.7 million to multi-donor trust funds operating under the Asian Development Bank’s (ADB) water and clean energy financing partnership facilities. They join Norway, Australia and Austria as financial contributors to the funds under the facilities. Spain will donate a total of $10 million to both funds while Sweden will contribute $4.7...
and Southeast Asia are expected to double from $1.26 billion in 2007 to $2.51 billion in 2014, said consultant Frost & Sullivan. In a recent study, Frost & Sullivan noted that cities are major power consumers but have made little effort to reduce their greenhouse gas emissions. Instead, the fight to curb greenhouse gas emissions...
condensate discovery in Block B around 50km off the coast of Brunei in a water depth of 62 metres. Total operates the block with a 37.5% interest, in association with Shell Deepwater Borneo Ltd. (35%) and local partners (27.5%). Drilled to a final depth of 5,227 metres, the ML-4 well discovered a new gas-bearing compartment...
term agreement to purchase polysilicon from Germany’s Wacker Chemie AG. Wacker Chemie will supply the polysilicon from 2010 through to the end of 2017. The total amount of polysilicon supplied is expected to allow Yingli Green Energy to produce approximately 380 MW of PV modules over the life of the agreement. “Including this newly signed...
from leaving for Europe from the Indonesian port of Dumai early this week to protest against the ongoing destruction of the country’s rainforests. Dumai is Indonesia’s main palm oil export port. Activists had painted “Forest Crime” and “Climate Crime” on the hull of three palm oil tankers and a barge full of rainforest timber. One...
joined forces to fight what they call “confusion” over greenhouse gas emissions from oil palm cultivation in tropical peat lands. The Dutch Ministry for Housing, Regional Development and Environment and Malaysian Ministry for Plantation Industries and Commodities have set up a joint committee on carbon emissions to shed light on this subject. The cultivation of...
provider of engineering, procurement, construction and maintenance services for the oil, gas and petrochemical industries, has announced a net profit of S$31.6 million for the nine months ended September 30 2008. This is a decline of 22% from the S$40.5 million it registered for the same period last year. (US$1=S$1.5). Revenue fell 10% to S$370...
awarded a contract by Yuen Foong Yu Paper Manufacturing Co Ltd (YFY) for the design and supply of a circulating fluidised-bed (CFB) steam generator at its Chiutang Mill in Kaoshiung, Taiwan. The 50 MWe (gross megawatt electric) CFB steam generator is designed to burn bituminous coal as well as tires and sludge. YFY has been...
(EnergyAsia, November 12, Wednesday) — Taiwan based solar wafer company, Green Energy Technology, said it has received a first stage investment of $5.05 million for its mainland China solar wafer slicing business. The investment will take 1.69% of total assets and 3.66% of shareholders’ equity in Green Energy’s latest 2008 half-year financial report. The company...
(EnergyAsia, November 12, Wednesday) — Impsa and a subsidiary of Vietnamese state oil and gas company PetroVietnam have signed an agreement to jointly develop and supply equipment for the hydro and wind power sectors. Impsa will take a 71% stake and PetroVietnam Power Corp the remaining 29% in manufacturing and marketing hydro power equipment, and...
(EnergyAsia, November 12, Wednesday) — Aker Solutions, the Norwegian oil and gas engineering services company, said it has been awarded a five-year supply agreement by Malaysia’s Sarawak Shell Berhad (SSB) to supply subsea production systems equipment and services. SSB, a subsidiary of Royal Dutch Shell, has several existing platforms off the coast of Sarawak state...
(EnergyAsia, November 12, Wednesday) — Singapore’s Energy Market Authority (EMA) has embarked on a pioneering project to transform part of Pulau Ubin island into a model “green” island powered entirely by clean and renewable energy sources. This would give a boost to Singapore’s ambition to be a global test-bedding site for new energy technology. The...
(EnergyAsia, November 12, Wednesday) — Japanese electronic giants Panasonic Corporation and SANYO Electric have agreed to discuss forming capital and business alliances to develop their rechargeable battery and solar energy businesses. The boards agreed to the alliance at a meeting last week. Panasonic and SANYO said they would use their respective technology to contribute to...
(EnergyAsia, November 12, Wednesday) — US-based OriginOil Inc, the developer of a technology to transform algae into a renewable energy source, said that prominent Japanese scientist, Takaaki Maekawa, has made a positive evaluation of the company’s technology. OriginOil said Professor Emeritus Maekawa of the University of Tsukuba’s Graduate School of Life and Environmental Sciences in...
(EnergyAsia, November 12, Wednesday) — Japan’s Hitachi High-Technologies Corporation (HHT) and its affiliates have signed a multi-year agreement to supply high quality 8-inch single crystal silicon ingots to Nanjing city-based solar cell manufacturer China Sunergy. HHT will supply a total volume of 1,472 tons of silicon ingot from September 2008 through the end of 2011,...
(EnergyAsia, November 12, Wednesday) — China’s Industrial Bank said it has adopted the Equator Principles of ‘green banking’, becoming the first financial institution in the country to do so. The Equator Principles have become the global standard for project finance and have transformed the funding of major projects globally. More than 60 financial institutions have...
(EnergyAsia, November 12, Wednesday) — The Nordic Environment Finance Corporation (NEFCO) said its carbon fund has agreed to procure emission reductions from a wind energy project in Jiangsu province and a small hydro project in southwest China. The projects, NEFCO’s first in China, will be implemented under the Kyoto Protocol’s clean development mechanism (CDM). The...
first phase of its first Australian wind farm operations in Snowtown, 170km north of Adelaide in South Australia state. The A$220 million project, using 47 Suzlon S88 turbines, is expected to produce more than 380 GWh of electricity each year, saving more than 345,000 tonnes of greenhouse gas emission annually, and powering the equivalent of...
Solar Energy Co Ltd in an effort to help drive down global prices for solar-generated electricity in China. ENN Solar Energy, a member of China’s XinAo Group, is building a plant to produce about 60 megawatts of thin-film modules annually. Equipment installation is in its process, with the first commercial production scheduled for second quarter...