SINGAPORE: Government pushes clean energy

island state as a regional hub for clean energy, complementing its swing role in Asia’s oil and refining industry. Singapore is engaged in the full spectrum of alternative energy options – solar power, fuel cells, wind power, energy efficiency and carbon trading. Singapore still relies on a fossil fuel — natural gas —for 80% of...

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AUSTRALIA: Canberra to bring forward investment in green energy

(EnergyAsia, January 9, Friday) — The Australian government has announced that it will bring forward the full amount of its A$1.4 billion Renewable Energy Fund by half billion dollars over the next 18 months. (US$1=A$1.4). Prime Minister Kevin Rudd said A$100 million will be available to be spent in 2008-09, and A$400 million will be (more…)

SINGAPORE: Air Liquide’s SOXAL increase investment on Jurong Island

(EnergyAsia, January 9, Friday) — French industrial gas company Air Liquide said it is increasing investments in Singapore through its wholly-owned subsidiary Singapore Oxygen Air Liquide Pte Ltd (SOXAL). The new investments are in response to growth in Singapore’s petroleum, petrochemical and chemical industries. SOXAL has just completed its acquisition of all the shares of...

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CHINA: Third storage terminal being filled up

(EnergyAsia, January 9, Friday) — China has started filling up the country’s third strategic petroleum reserve (SPR) terminal to take advantage of the sharp decline in crude oil prices on international markets. China has already pumped in 7.5 million barrels of Saudi crude into the terminal at Huangdao near Qingdao city on the east coast....

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RUSSIA: Sakhalin II starts year-round oil and LNG export

(EnergyAsia, January 9, Friday) — Russia’s Sakhalin Energy said it has started year-round oil and gas export from its new export terminal in Aniva Bay in southern Sakhalin that forms part of the Prigorodnoye port. It was purpose built for the year-round export of oil and liquefied natural gas (LNG). The first cargoes of crude...

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PAPUA NEW GUINEA: AGL assets sold to Japan’s Nippon for A$1.127 billion

(EnergyAsia, January 9, Friday) — Australia’s AGL Energy Limited (AGL) said it has sold off its oil and gas interests in Papua New Guinea (PNG) for a price of A$1,127 million after the close out of oil and currency hedges. (US$1=A$1.4). The sole buyer of the bulk of the interests for US$795 million was Merlin...

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INDIA: Refex Energy teams up with IBC Solar

(EnergyAsia, January 9, Friday) — Refex Energy, an India-based company, said it is teaming up with Germany’s IBC Solar to meet demand for utility-scale and stand-alone photovoltaic projects in India. The partnership will specialise in PV system integration that will include planning, engineering, implementation and maintenance of solar installations ranging from small scale systems to...

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CHINA: Yingli Green Energy signs two sales agreements to supply PV modules to Germany

(EnergyAsia, January 9, Friday) — China’s Yingli Green Energy said it has entered into sales agreements with two leading German PV system integrators, City Solar Kraftwerke AG and Wirsol Deutschland GmbH. Yingli Green Energy is expected to supply 20 MW of PV modules to City Solar, a leading developer and turnkey provider of large-scale PV...

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CHINA: Canada’s Dynamotive to develop biofuels plant in Henan province

(EnergyAsia, January 9, Friday) — Canada’s Dynamotive Energy Systems Corporation said it has entered into a commercial agreement to support the development of a pyrolysis plant in China based on its proprietary technology. The company will provide process and engineering support for the development of a plant to be located in Henan province. This will...

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AUSTRALIA: Spain’s Union Fenosa hailed for $1.9 billion investment in wind farms

(EnergyAsia, January 9, Friday) — Australia’s trade minister has welcomed the announcement by Spanish firm Union Fenosa to invest a total of A$1.9 billion in a portfolio of seven wind farms in his country. (US$1=A$1.4). The project’s phase one will see the construction of wind farms at Hawkesdale and Ryan Corner in Victoria and Crookwell...

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AUSTRALIA: Science agency on making coal mining safer and greener

(EnergyAsia, January 9, Friday) — Australian science agency CSIRO said it is working to help the domestic coal industry improve safety and efficiency and reduce its environmental impact. Their efforts have received a boost with the recent allocation of more than A$3 million in funding from the Australian Coal Association Research Program (ACARP). (US$1=A$1.4). The...

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PHILIPPINES: Basic Energy to focus on cassava crop and bioethanol

much as US$30 million from investors to enable it to plant cassava for fuel production. The company is setting up its own cassava plantations. The bulk of the output will be used as feedstock for Basic’s biofuels plants, while the surplus will be sold to other bioethanol producers. The company plans to develop its first...

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MARKETS: Solar sector in for ‘make-or-break’ year

prices for polysilicon have plummeted 35% since October after years of shortages, said analysts. They predict a further 30% price decline in 2009. The plunge is expected to take place after many solar module makers locked in high contract prices when rampant fears about supply shortages drove the polysilicon market the last two years.  These...

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MALAYSIA: ConocoPhillips, Petronas Carigali and Shell sign PSC for offshore Sabah project

(EnergyAsia, January 8, Thursday) — Malaysian state upstream company Petronas Carigali, ConocoPhillips of the US and Anglo-Dutch major Shell have signed a production sharing contract with state Petronas to appraise and develop four discovered natural gas and condensate fields in waters off the northwest coast of Sabah state. The Kebabangan, Kamunsu East, Kamunsu East Upthrown (more…)

AUSTRALIA: SunPower to build nation’s largest solar power tracking system

efficiency solar cells, panels and systems said it will build a 505-kilowatt solar power installation for Horizon Power, a state-owned company providing power to remote and regional communities and resource operations in Western Australia. The ground-mounted installation will be located on two sites in Marble Bar and Nullagine in the east Pilbara region of Western...

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CHINA: AMSC receives first order to support functioning of power grid

technology company, said it has received its first order for a D-VAR system to meet dynamic reactive compensation requirements for a 220 kilovolt (kV) power transmission grid in Chifeng in China’s Inner Mongolia.  Reactive power compensation is necessary to stabilise voltage, relieve power grid congestion, improve electrical efficiency and prevent blackouts in power grids.   ...

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CHINA: China Sunergy expands solar cell production capacity in Nanjing

has added a third stage production line at its production base in the Chinese city of Nanjing. It has started up four high-efficiency solar cell lines, boosting production capacity to 320 MW. The company’s 10 solar cell production lines include five for high-efficiency SE solar cells, four for HP solar cells (upgraded from common P-type...

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JAPAN: Panasonic to acquire Sanyo

its green energy business with completion of its 800-billion-yen takeover of rival Sanyo Electric by next month. (US$1=90 yen). Panasonic will aim to acquire the majority of Sanyo’s voting rights, and create one of the world’s biggest electronics companies. Panasonic will add Sanyo’s well-regarded solar panels and rechargeable batteries to its business.   Panasonic said...

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AUSTRALIA: Critics slam government’s climate plan

reduce the country’s greenhouse gas emissions because of a flaw in the government’s climate change plan, critics have charged. They said that Canberra’s planned emissions trading scheme would simply enable polluting industries to raise their emissions to offset any carbon dioxide (CO2) reductions resulting from solar use by households. The criticism has the substantial backing...

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CHINA: Huaneng Group aims to build country’s largest solar power project

yuan to develop the country’s largest solar power project in the western province of Yunnan. (US$1=6.85 yuan). When completed by 2010, the wind farm will have two production units with a combined 166 megawatts (MW) at full capacity. The company expects to benefit from the recent sharp decline in raw material costs in the solar...

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NEW ZEALAND: New government scraps biofuels blending mandate

repealing legislation that would have required oil firms to sell fuels blended with biofuels. The government fears the blending requirement, passed by the previous Labour government, would have driven up pump prices. Also, there was no guarantee that the biofuel blend would be produced in an environmentally sustainable manner. The plan had called for the...

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PHILIPPINES: First ethanol plant starts up

(EnergyAsia, January 7, Wednesday) — The Philippines has started up its first ethanol plant, a 27,000 litre/day facility in Leyte. The 300-million-peso plant, a converted sugar mill, is a joint venture between Philippine Agribusiness Development Corp (PADC) and India’s Praj, which provided the technology. (US$1 =47 peso). Praj supplied the distillation column and injected 33 (more…)

TAIWAN: Solar sports stadium in Kaohsiung to be completed by end-2009

(EnergyAsia, January 7, Wednesday) — Construction on the new main stadium for the World Games 2009 in the Taiwanese city of Kaohsiung will be complete by the end of this year. The sports arena will be Taiwan’s largest photovoltaic installation to date – fitted with solar modules manufactured by local company Lucky Power Technology Co...

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PHILIPPINES: Development bank wants investors to build power plants based on renewable energy

(EnergyAsia, January 7, Wednesday) — The Development Bank of the Philippines (DBP) wants to attract international firms into the country to develop power plants that use water, wind and biomass as fuel. The bank has already signed an agreement with a Canadian company and is in talks with a UK firm to develop such projects....

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PHILIPPINES: Chevron to invest $20 million in biofuels projects

(EnergyAsia, January 7, Wednesday) — Chevron Philippines said it has allocated $20 million to invest in biofuels projects to comply with the country’s new law promoting the use of crop-based fuels. The investments will ensure that the company will be able to comply with the requirements of the Philippine Biofuels Act of 2006 which has...

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