(EnergyAsia, March 12 2010, Friday) — Australia-listed KUTh Energy Limited said it has found a second geothermal resource base in Tasmania, making the company’s total reserves of 361,000 PJ on the island the second largest in the country. The company said an independent assessment found that its tenement SEL 26/2005 block contains 101,000 PJ...
TAIWAN: CPC signs 20-year agreement to purchase LNG from Papua New Guinea
(EnergyAsia, March 11 2010, Thursday) — CPC Corporation of Taiwan has signed a 20-year agreement to import 1.2 million tonnes of liquefied natural gas (LNG) a year from Papua New Guinea (PNG). The gas will be supplied from the PNG LNG project, an integrated development that includes gas production and processing facilities, onshore and offshore...
JAPAN: Hitachi Zosen, Wartsila to develop and market fuel cell-based power plant solutions
(EnergyAsia, March 11 2010, Thursday) — Finland’s Wartsila said it and Japan’s Hitachi Zosen have signed an agreement to develop and market fuel cell-based power solutions for distributed power generation applications in Japan. The combined heat and power applications, which can be run on either city gas or bio gas, will feature the use of...
INDIA: Jatropha failing to live up to expectations as a biofuel crop, new research shows
(EnergyAsia, March 11 2010, Thursday) — Indian researchers have given jatropha, a popular feedstock crop for government-subsidised biofuel projects, a failing grade in providing an environmentally-friendly solution to the country’s growing energy needs. According to ATREE, an Indian environmental research group, jatropha is yielding less than what experts had predicted, and it is now cultivated...
CHINA: NDRC removes local-content requirement for wind power
(EnergyAsia, March 11 2010, Thursday) — The National Development and Reform Commission, China’s top economic planning agency, has dropped a major requirement that equipment in wind power projects must be made by local companies. The move is expected to affect domestic wind power equipment manufacturers and joint venture firms with foreign partners, which combined have...
CHINA: Government to invest US$7.3 billion in smart grid programme
(EnergyAsia, March 11 2010, Thursday) — China’s government said it plans to invest US$7.3 billion this year as part of a long-term plan to establish a national smart energy grid. If so, the country would be the world’s leading smart grid builder in 2010 as its investment will exceed the US government’s investment by US$200...
CHINA: Everbright International to start building biomass energy project in Anhui province
(EnergyAsia, March 11 2010, Thursday) — China Everbright International Limited said it expects to begin constructing a RMB331 million waste straw-to-energy project in Dangshan county in China’s Anhui province. (US$1=RMB6.83). The Hong Kong-listed company will construct two 75 tonne/hour furnaces and two 18MW electricity generators in the project’s first phase. The plant, which is expected...
AUSTRALIA: AGL, Meridian Energy to jointly construct Macarthur wind farm
(EnergyAsia, March 11 2010, Thursday) — Australia’s AGL Energy Limited (AGL) said it has entered into conditional arrangements to construct the Macarthur wind farm in south-west Victoria state following the Federal government’s announcement to amend the national Renewable Energy Target (RET) scheme. AGL said it will form a joint venture with New Zealand’s Meridian Energy...
CHINA: Renewed battle for the Falklands suits embattled British, Argentine leaders, Chinese interest
(EnergyAsia, March 10 2010, Wednesday) — By GIS/Defense & Foreign Affairs Staff for oilprice.com. The artificially-engendered revival of the dispute, which began last month between Argentina and the UK over the sovereignty of the Falkland Islands in the South Atlantic, has been portrayed as posturing by embattled Argentine President Cristina Fernández de Kirchner, taking advantage...
ASIA: Energy intensity reduction goals could slow down demand growth in China, Singapore
(EnergyAsia, March 10 2010, Wednesday) — Energy demand growth in China and Singapore could slow down if both governments follow through on their plans to reduce their economies’ energy intensity. China said it plans to reduce energy use per unit of GDP by between 40% and 45% per unit of gross domestic product by 2020,...
CHINA: Companies complete major wind power projects
(EnergyAsia, March 10 2010, Wednesday) — Two Chinese companies recently announced they have completed major wind farm projects in their country. Shanghai Investigation, Design & Research Institute (SIDRI) said it has installed Asia’s first sea wind power plant in the sea off Shanghai city while China Wind Power International Corp has completed the first...
VIETNAM: Cavico to build road for Nam Pan 5 hydropower plant
(EnergyAsia, March 10 2010, Wednesday) — Cavico Corp, a Vietnam-based infrastructure development company, said it has signed a $500,000 contract with energy joint stock firm Global Petroleum Power Company to build a road for a hydropower plant. Cavico said its majority-owned subsidiary, Cavico Transport, will build the 2.5-kilometer service road that will lead to the...
SRI LANKA: Country’s largest wind power project near completion
(EnergyAsia, March 10 2010, Wednesday) — Sri Lanka expects to start up its largest wind power project, a 20MW plant situated on the west coast of Puttalam, in May, according to state agency Sustainable Energy Authority (SEA). Seguwantivu Wind Power (Pvt) Ltd and Vidatamunai Wind Power (Pvt) Ltd are investing a total of Rs4.2 billion...
VIETNAM: Japanese government to provide US$5 million funding for biomass project
(EnergyAsia, March 10 2010, Wednesday) — The Japanese government will provide US$5 million to fund a five-year project focused on developing biomass energy in Vietnam. Researchers working on the Sustainable Integration of Local Agriculture and Biomass Industries project will research into producing bioethanol and biogas from straw, agricultural waste and organic waste in Ho...
AUSTRALIA: Origin Energy and subsidiary in separate geothermal ventures with Geodynamics and Taheke
(EnergyAsia, March 10 2010, Wednesday) — Origin Energy Limited, Australia’s leading integrated energy company, said it has agreed to establish separate joint ventures exploring geothermal energy projects in Australia and New Zealand. The company and Australia-based Geodynamics Limited will establish an equal joint venture to explore for shallow geothermal resources in the Eromanga Basin with...
QATAR: Solar energy to be used to boost agricultural output
(EnergyAsia, March 9 2010, Tuesday) — Qatar is looking to expand the use of solar energy in agriculture, which has been lagging behind the country’s other economic sectors such as manufacturing, engineering and services. In a bid to increase the productivity of its arable land, the Gulf nation plans to tap solar power to...
SRI LANKA: Hemas Power acquires 2.6 MW hydropower plant
(EnergyAsia, March 9 2010, Tuesday) — Sri Lanka’s publicly listed Hemas Power said it has bought a 2.6 megawatt (MW) hydropower plant in the Nuwara Eliya district from Senok Mark Hydro for 198.5 million rupees. (US$1=115 rupees). In a filing with the local stock exchange, Hemas Power said it bought 9.92 million shares or...
JAPAN: Mitsubishi Electric, Kyocera expand solar production capacity
(EnergyAsia, March 9 2010, Tuesday) — Two Japanese companies, Mitsubishi Electric and Kyocera Corp, have announced plans to expand and upgrade their solar cell production capacities to meet rising world demand for solar energy. Mitsubishi Electric, which recently completed a photovoltaic (PV) cell production facility at its Nakatsugawa Works Iida factory in Nagano prefecture, said...
QATAR: SolarWorld to acquire stake in $500 million polysilicon producer
(EnergyAsia, March 9 2010, Tuesday) — SolarWorld said it is acquiring a 29% stake in the newly founded Joint Venture Qatar Solar Technologies headquartered in the Emirate of Qatar. The joint venture with Qatar Foundation (70%) and the Qatar Development Bank (1%) will establish the first production facility for polysilicon on the Arabian Peninsula. Qatar...
SOUTH KOREA: Companies embark on solar energy projects
(EnergyAsia, March 9 2010, Tuesday) — Two South Korean firms, OSolar and OCI, are embarking on separate projects related to boosting solar energy use. South Korea’s engineering, procurement and construction firm, OSolar, and Canada’s P2 Solar Inc have agreed to form a strategic alliance as part of a project team to build a 25MWp...
CHINA: Foster Wheeler to supply circulating fluidised-bed steam generators for clean coal burning
(EnergyAsia, March 9 2010, Tuesday) — Engineering giant Foster Wheeler AG said a subsidiary of its Global Power Group has been awarded a contract by Sinopec Jiujiang Company to design and supply two circulating fluidised-bed (CFB) steam generators for the Sinopec Jiujiang fuel alteration project in Jiangxi province in south central China. The generators are...
CHINA: China Gogreen Assets Ltd starts construction of 100MW thin film plant
(EnergyAsia, March 9 2010, Tuesday) — China Gogreen Assets Investment Limited said it has started construction of its 100MW thin film plant in a development zone in Zhengzhou city in China’s Henan province. Cogreen’s joint venture company with unidentified partners, Henan Gogreen Energy Limited, is building the RMB650 million plant to produce a-Si/SiGe thin-film...
SINGAPORE: Navitas starts up NR-X marine fuels trading platform, offers use of non-dollar currency
(EnergyAsia, March 9 2010, Tuesday) — Following a very successful three-month trial by both bunker fuel suppliers and shipping companies, Singapore-based Navitas Resources Pte Ltd last week launched its NR-X trading platform to serve the bunker and marine fuels markets. Navitas Resources Pte Ltd, a Singapore-based specialist energy and climate commodity trade facilitator, had unveiled (more…)
CHINA: China Solar Power, Suzhou Industrial Park sign agreement for third thin film amorphous silico
(EnergyAsia, March 8 2010, Monday) — China Solar Power (CSP), a manufacturer of thin film amorphous silicon (aSi) photovoltaic solar modules, said it has signed an investment agreement with Suzhou Industrial Park to build its third solar cell manufacturing facility in China. The company said it plans to invest up to $180 million to build...
JAPAN: Kyocera to manufacture solar modules in the US
(EnergyAsia, March 8 2010, Monday) — Kyocera Solar Inc, the US subsidiary of the Japanese firm, said it is planning to manufacture solar modules in San Diego in California state to serve the US market’s growing demand for clean energy. The US module manufacturing will support a new milestone for Kyocera’s solar energy business —...