said it has ventured into Sri Lanka with an order to supply 10 MW of wind turbine capacity to a project developed by Senok Wind Power Pvt Ltd. The wind farm, supplied with eight units of Suzlon’s S64 – 1.25 MW wind turbines, will be established in Sri Lanka’s Kalpitiya region. Suzlon said it begin...
(EnergyAsia, February 3, Tuesday) — Demand for direct current (DC) systems is rapidly growing across Southeast Asia, especially in the low and medium power-level segments. The booming telecommunications sector is one of the primary contributors to this momentum. Widespread deployment of high-speed Internet transmission in wireline applications and the huge rollout of wireless applications in (more…)
a one-year agreement to supply wafer to BP Solar International Inc. ReneSola will supply with 120 megawatts of monocrystalline and multicrystalline solar wafers in 2009 and BP Solar will supply 700 metric tonnes of polysilicon to ReneSola. “We are pleased to extend our relationship with BP Solar, one of the world’s leading solar companies,” said...
(EnergyAsia, February 3, Tuesday) — Sino-Singapore Tianjin Eco-City Investment and Development Co Ltd (SSTEC) said it has signed a memorandum of understanding (MOU) with Singapore’s Sembawang Engineers & Constructors Pte Ltd to study the feasibility for the development of a US$1 billion solar polysilicon production plant in the Chinese city of Tianjin. To be located...
said they will launch a joint company to produce and sell thin-film solar panels. The new company, SANYO ENEOS Solar Co Ltd, will start producing and selling 80MW of solar panels in fiscal 2010. Its long-term goal will be to produce 1GW of thin-film solar panels a year by FY2015 and 2GW by FY2020. Sanyo...
Nippon Yusen Kabushiki Kaisha (NYK) have jointly launched a solar-power-assisted car vessel from Kobe port last December. The 60,213-gross ton ‘Auriga Leader’ carried a solar-powered system that was jointly developed by the two companies. They said that this is the world’s first ship to be fitted with propulsion engines that are partially powered by solar...
expects to start offering palm oil-based biodiesel to motorists from next January. The move is aimed at supporting the weak palm oil markets. Prices have cratered in the wake of the global economic and financial crisis. The Malaysian government has set mandates for biodiesel blending in transportation fuels for use in the domestic market. Palm...
tap solar power to meet their rising energy demand, German solar firm Conergy said. The region has ample year-round sunshine to meet much of their day-time energy needs, said Conergy managing director Stefan Muller at a recent industry event in Abu Dhabi. Conergy is currently undertaking a two-megawatt solar power project in Saudi-Arabia’s Jeddah city....
growing power crisis that now threatens the viability of its manufacturers and light industries. Especially exposed are the population and industrial hubs of Davao, Cagayan de Oro, General Santos, Butuan and Zamboanga. Local businessmen want the government to start planning and building new power plants to avert what could soon develop into a serious problem....
work on the second phase expansion of its Huizhou refinery in China’s Guangdong province. As part of the 45-billion yuan project, company will add 200,000 b/d of capacity to the existing 240,000 b/d refinery by 2011. The expanded plant will use heavy crude oil from CNOOC’s northern Bohai field....
slowdown in advanced economies now spreading to major emerging markets such as China, India and Brazil, said the International Monetary Finance managing director. Mr Dominique Strauss-Kahn said the IMF has significantly adjust downward its forecast for world growth for 2009 when the 185-member international institution released a revised assessment of the global economy on January...
(EnergyAsia, February 2, Monday) — Black & Veatch, a leading engineering, consulting and construction company, said that its patented PRICO® liquefied natural gas (LNG) process is helping bring natural gas supplies to customers in rural China. The first LNG facility, in Erdos, Inner Mongolia, attained full production capacity of 200,000 metric tons per year last (more…)
technology company, said it has received a multi-million-dollar order for 100 sets of its wind turbine core electrical components from China’s CSR Zhuzhou Electric Locomotive Research Institute Co Ltd (CSR-ZELRI). CSR-ZELRI will use the components in 1.65 megawatt (MW) wind turbines designed by AMSC’s wholly owned AMSC Windtec® subsidiary. AMSC said it expects to ship...
supplier, Iran has opened the possibility of forging energy ties with the European Union. Sensing an opportunity to break from international isolation, Iran’s Deputy Foreign Minister Mehdi Safari has offered to supply or act as a transition point for the supply of natural gas to European consumers. Invited for a two-day talk, he told the...
impact of the US-led trade and economic embargo by signing new oil and gas deals with Russia and China last month. Local news media reported that the Iranian government last month concluded a natural gas swap deal with Russia while enlisting China’s help to develop the North Azadegan oil field in southwestern Iran near...
expected to report a 4.7% drop in their fiscal surplus this year, dragged down by deficits in Bahrain and Oman, said a Kuwaiti financial centre. In a study, Markas said the sharp fall in oil and gas prices together with lower output by Saudi Arabia, the UAE, Kuwait, Oman, Bahrain and Qatar will reduce...
operated by state Qatargas that is responsible for exporting liquefied natural gas (LNG) to Japan, Spain and the spot market. Qatargas 1 plant which holds over a quarter of its LNG capacity was shut down after an unspecified technical problem on January 8. The plant’s main shareholders, Qatar Petroleum (65%) Exxon Mobil Corp (10%) and...
sector despite the weakness in the oil and gas markets, and slowing demand brought on by the global economic recession. Deputy Premier and Minister of Energy and Industry Abdullah bin Hamad Al Attiyah said Qatar remains on course to expand LNG capacity to 77 million tonnes per year over the next two to three...
domestic output of natural gas, coal bed methane, coal and oil by 2015. It plans to double its production of natural gas to 160 billion cubic metres, add 10 billion cubic metres of gas from coal bed methane, boost coal production by 30% and oil production by 7% from their 2007 levels. If the targets...
on account of the global economic recession, said the International Monetary Fund (IMF). In its previous forecast, the IMF had expected world trade to grow by 2% this year. The continuation of the financial crisis, with government policies failing to dispel uncertainly, has caused asset values to fall sharply across advanced and emerging economies, decreasing...
plans to expand its city gas distribution business in fast growing cities throughout China. It is proposing to make two strategic investments this month: the acquisition of a majority stake in a Wuhan piped gas distributor, and a joint venture for gas distribution with Kunming Gas Group Company Limited in Kunming city, the capital of...
Limited, has warned that sharply reduced investments in exploration and production activities could lead to lower future oil and gas supplies. In releasing its fourth quarter financial results, the company said: “The sharp drop in oil and gas prices due to lower demand, higher inventories and the belief that demand will erode further in 2009...
farmout and alignment agreement with Oil Search Limited (OSL), a Papua New Guinea-based oil and gas exploration company, with an aim to co-operate in the development of natural gas prospects in PNG. NOEX is the wholly-owned upstream subsidiary of Nippon Oil Corporation. With further discoveries and development of gas fields expected in PNG, both companies...
Zhejiang province on China’s east coast. Each tank has the capacity to store up to 954,000 barrels of crude oil. Laset December, Sinopec completed two tanks with a combined capacity of 24 million barrels at Ningbo port, also in Zhejiang province. Its rival, PetroChina, recently completed large crude storage facilities in the northwestern Xinjiang region....
recent short strike by the country’s oil and gas sector workers. After failing to win major concessions from their short three-day strike early this month, the workers have quietly resumed work at refineries and gas processing plants. Indian Oil Corp said most of its seven refineries are back at operating close to capacity. Its Koyali...