(EnergyAsia, December 3, Wednesday) — Western nations have an obligation to reform their economies and change their lifestyles to fight climate change, Chinese Premier Wen Jiabao said. Speaking at a recent UN gathering in Beijing to discuss technology transfers and related climate programmes, he said that the world must press ahead with measures to fight...
AZERBAIJAN: Natural gas reserves draw contest between Russia and Europe
(EnergyAsia, December 3, Wednesday) — Azerbaijan is playing a high-stakes game in baiting Russia and Europe to compete for its natural gas reserves. While till now an oil producer, Azerbaijan also holds natural gas reserves estimated at nine billion cubic metres in its Shah Deniz II field which is awaiting development proposals. The field’s first...
JAPAN: ProLogis to install country’s first photovoltaic project
(EnergyAsia, December 3, Wednesday) — ProLogis said it will install its first photovoltaic system in Japan, a one-megawatt PV system at ProLogis Parc Zama I, a five-story distribution facility totaling more than 113,000 square meters. The PV system, to be located in the city of Zama, a logistics hub in Kanagawa Prefecture, is expected to...
JAPAN: France’s AREVA to supply mixed oxide fuel (MOX) to Kansai utility
(EnergyAsia, December 3, Wednesday) — France’s AREVA said it has signed a contract to supply 32 MOX fuel assemblies for units 3 and 4 of the Takahama power plant in Japan’s Fukui prefecture operated by electrical utility Kansai. MOX is a blend of oxides of plutonium and natural uranium, reprocessed uranium, or depleted uranium. The...
CHINA: JA Solar and BP to jointly develop, market solar PV products
(EnergyAsia, December 3, Wednesday) — China’s JA Solar Holdings Co Ltd said it and BP Alternative Energy Holdings Limited, a subsidiary of BP plc, plan to jointly develop and market part of their solar photovoltaic product portfolio over the next five years. The definitive commercial agreement is expected to be signed before year end. JA...
AUSTRALIA: Forest science to provide carbon solutions
(EnergyAsia, December 3, Wednesday) — Australia’s science agency CSIRO said it has agreed to license a piece of forestry software to CO2 Australia, the manager of the country’s largest dedicated forest carbon sink projects. The CABALA software can be used to design and manage tree plantings for use in large greenhouse gas abatement projects. Based...
SOUTH KOREA: Satcon to license Samsung C&T to market and sell renewable energy solutions
a three-year agreement to exclusively license Samsung C&T Corp to market and sell its renewable energy solutions as well as provide full maintenance and warranty service in South Korea. Satcon said it is also supplying Samsung with Satcon PowerGate™ Plus inverters for the Korean firm’s solar power projects around the world. Satcon is a leading...
MARKETS: Financially battered US likely to cut spending on energy programmes
negative impact on US energy policy as its spending billions, even trillions, on economic bailouts will make it less likely to invest in comprehensive energy reform. According to a report by Securing America’s Future Energy (SAFE), the spike in energy costs, which have boosted annual energy outlays for the typical American family by roughly $1,600...
PHILLIPINES: Zamboanga City, a potential hydropower site
has several sites that could be developed into hydropower plants, said a team of researchers from the Department of Energy Central Office (DOE), Research specialist Jaime Planas revealed the prospect to Mayor Celso Lobregat during a briefing conducted after three days of inspection of some of the city’s major rivers and waterfalls. The group visited...
CENTRAL ASIA: China to help with Caspian Sea oil projects
Kazakh Shelf in the Caspian Sea. Both governments are in broad agreement about granting Chinese oil players a major role in those projects, officials said. Kazakh Prime Minister Karim Masimov and China’s Premier Wen Jiabao recently discussed co-operating to jointly develop oil and gas projects. Recently, Kazakhstan’s national oil and gas company KazMunayGas (KMG) and...
MALAYSIA: AGNI builds biomass power plant
biomass-to-power plant in Bera in Pahang state. The project is expected to be completed by end-2009 and to start up in 2010. AGNI said the new plant is more efficient than similar existing plants. It will need to burn 120,000 tonnes of biomass a year to produce 10 MW of electricity. State Federal Land...
MARKETS: Credit crunch hits solar sector
consolidation and bankruptcies in the solar power industry. Many firms have loaded up on debt and will not survive, setting the industry up for a major shake-out. Analysts question whether the sector has built up too much capacity in too short a time, creating an oversupply situation. They point to the rising glut of solar...
COMPANY: J P Kenny is managing contractor to create world’s largest wave energy farm
appointed to manage the design, procurement and construction of the Wave Hub renewable energy project off the coast of southwestern England. The South West Regional Development Agency (RDA) has selected J P Kenny, part of international energy services company John Wood Group PLC, as its engineering and management contractor for the project. The RDA is...
AUSTRALIA: Caltex CEO critiques energy and environmental policies
challenges through an integrated approach that includes its alternative transport fuels policy. In a recent address to the Academy of Technological Sciences and Engineering in Melbourne, the company’s managing director and CEO Des King said: “It is not realistic to formulate an alternative transport fuels policy that is independent of major policy initiatives. We should...
COMPANY: Chevron sued in US court over human rights abuse case in Africa
setting civil case – Bowoto v Chevron – that seeks to hold US oil giant Chevron liable in the US for human rights abuses in Nigeria. According to a report by JusticeInNigeriaNow.org, the jury will decide if Chevron aided and abetted the death of two protestors who are reported to have peacefully protested the destruction...
JAPAN: Sharp Solar to launch new thin solar film cells in the US
cell in the US. Sharp is one of the world’s largest producers of silicon-based solar cells. New low-cost thin film solar cells are seen as a major advance in technology to reduce the high cost of producing solar energy. Sharp plans to deploy the product in large utility projects and commercial installations in the...
SINGAPORE: Ezra may cancel orders for five support vessels
support and marine services to the oil and gas, said it is “proactively” reviewing its order for five multi-functional support vessels (MFSVs) due to the global financial crisis. The review could lead to their cancellations. An options order for a 30,000 brake horsepower (bhp) MFSV with Singapore’s Keppel Singmarine Pte Ltd is the first...
SRI LANKA: Court sacks petroleum minister, suspends payments to banks over troubled hedging deals
minister and suspended payments of up to $700 million to four banks over hedging deals on oil purchases. Chief Justice Sarath Silva has ordered the country’s President to take over the duties of Petroleum Minister A. H. M. Fowzie for “failing” to supervise Ashantha de Mel, the chairman of the Ceylon Petroleum Corporation (CPC), which...
VIETNAM: PetroVietnam offers 30% stake to crude oil suppliers
30% of its stakes in its oil refineries to foreign oil producers willing to provide it long-term supply of crude oil. Speaking at a recent industry conference, Petro Vietnam’s general director Tran Ngoc Canh said the company will proceed to build another two refineries after the completion of the country’s first oil refinery at Dung...
SRI LANKA: Presidential support for hydropower development
(EnergyAsia, December 1, Monday) — Sri Lanka’s government has targeted to develop the country’s hydro-power potential to help meet its growing energy demand. The government of President Mahinda Rajapaks has appointed a task force to study and help implement projects, as well as lend support to hydropower project developers. The country has identified some (more…)
CHINA: Growing calls to step up national oil stockbuild
Chinese government to step up the country’s oil stockpile building programme. They said China should advantage of the recent sharp drop in world crude oil prices and its large holding of foreign exchange reserves of nearly $2 trillion to build up oil stockpile for future use. US crude futures have fallen to just slightly over...
COAL: Greenpeace says industry inflicted costs of 360 billion euro in 2007
costs worth at least 360 billion euro in 2007, including mining accidents, said environmental group Greenpeace. It made the charge in a special report, “The True Cost of Coal”, released with the independent Dutch Institute CE Delft. The report was released as Industry Ministers from at least 20 big emitting countries met in Warsaw with...
AUSTRALIA: Mission NewEnergy reports breakthrough in bio-ethanol technology
produced bio-ethanol from non-food agricultural waste material. The pilot plant was set up in a joint venture with a scientific team in India. Mission claims that they will be able to produce bio-ethanol from a range of low cost and abundantly available feedstock, eliminating the need to utilise valuable food crops as feedstock. With over...
MARKETS: OPEC wants curbs on “speculative” oil trades
trades in oil to reduce huge price swings in the commodity. Oil surged to an all-time peak of US$147 per barrel in early July before plunging back to around US$50 in recent weeks. The oil producing cartel said such volatility over only a couple of months proves the need for action to reduce the influence...
PHILIPPINES: PNOC acquires Shell Solar
Solar Philippines for 25 million peso. (US$1=50 peso). With the acquisition, PNOC is now targeting to install 40,000 solar home systems (SHS) over the next five years. The company said it has already installed some 15,000 systems in the first phase. PNOC is positioning to meet rising demand from Philippine consumers for solar home...