plant in the landlocked province of the Philippines’ Luzon Island. Governor Floydelia Diasen has signed an agreement with the Development Bank of the Philippine (DBP) to place the Kalinga mini-hydro power plant project under the Clean Development Mechanism (CDM). The board said the project would promote economic development and protect the environment at the same...
COMPANIES: Intel Capital makes $12.5 million cleantech investment in Voltaix
(EnergyAsia, August 13, Wednesday) — Voltaix, a leading provider of materials that enhance the performance of semiconductor chips and solar cells, said it has received $12.5 million in financing from Intel Capital, the global investment arm of Intel Corporation. The investment will accelerate the company’s manufacturing capacity expansion. Voltaix manufactures electronic chemicals and gases used (more…)
MARKETS: High oil price hurts US manufacturing and services
(EnergyAsia, August 13, Wednesday) — Despite their recent slide, oil prices remain high and are badly affecting US manufacturing and services, credit ratings agency Standard and Poor’s (S&P) said in a study. US crude futures are holding just above US$110 a barrel after rising to a record high of $147.27 on July 11. The study...
SINGAPORE: Evonik RohMax opens 10-million-euro oil additives plant on Jurong Island
(EnergyAsia, August 13, Wednesday) — Evonik subsidiary RohMax last month opened a 10-million euro manufacturing plant on Jurong Island in Singapore that will strengthen its global supply chain and move its technical expertise closer to customers in Asia. (US$1=0.65 euro). As RohMax’s first manufacturing plant in Asia, the plant underscores the company’s commitment to deliver...
MARKETS: Deloitte survey reveals growing opportunities in renewable energy industry
(EnergyAsia, August 13, Wednesday) — A survey of renewable energy professionals conducted by Deloitte, the business advisory firm, has highlighted opportunities available for the renewable energy industry apparent from record deal activity. It also examines barriers to be overcome, including government policy. The renewable energy industry saw record figures in M & A activity in...
JAPAN: Tokyo Gas buys 4.44% stake in biomass power firm
(EnergyAsia, August 13, Wednesday) — Tokyo Gas Co said it has bought a 4.44% stake in Agatsuma Biopower which is building a wood waste-based power plant in an eastern Japan. Tokyo Gas, which will buy all the electricity produced by the plant, did not disclose the purchase price. Agatsuma Biopower, previously a wholly owned unit...
INDIA: Clinton Foundation, US companies to help build “world’s biggest solar farm” in Gujarat state
(EnergyAsia, August 13, Wednesday) — The Clinton Foundation, supported by Microsoft and GE Energy, is in talks with the Gujarat state government of India to establish the world’s largest solar power project at a cost of US$5 billion, according to Indian news report. The ‘integrated solar city’ project will include five-gigawatt of power generating capacity,...
INDIA: Conergy brings solar electrification to 500 villagers in Rajasthan
(EnergyAsia, August 13, Wednesday) — Conergy AG, a leading international supplier and producer of renewable energy solutions, has brought renewable energy systems to the remote village of Dewri Gowada in India’s Rajasthan state. Conergy said the project is part of a charity solar electrification initiative in partnership with the Masonic trust in New Delhi. Using...
COMPANIES: BP and Verenium to accelerate the commercialisation of cellulosic ethanol
(EnergyAsia, August 13, Tuesday) — BP said it and US-based Verenium have formed a partnership to accelerate the commercial development of cellulosic ethanol. The partnership combines a broad technology platform and operational capabilities to advance the development of a portfolio of low-cost, environmentally-sound cellulosic ethanol production facilities in the US, and potentially throughout the world....
CHINA: Solarfun signs 30MW sales contract with Martifer Solar
(EnergyAsia, August 13, Wednesday) — Jiangsu Linyang Solarfun Co Ltd, a subsidiary of China’s Solarfun, said it has signed a 30MW sales contract with Portugal’s Martifer Solar Sistemas Solares SA, a leading solar project developer, installer and producer in Europe. Solarfun will supply a total of 30MW of PV modules to Martifer Solar at a...
AUSTRALIA: Engineering firm aims to build A$1 billion solar plant
(EnergyAsia, August 13, Wednesday) — Australian engineering services company WorleyParsons Ltd has announced plans to build a A$1 billion solar power plant in the country by 2011. (US$1=A$1.12). The company said it has launched a study with mining giant BHP Billiton and Rio Tinto to find a suitable site for an advanced solar thermal power...
AUSTRALIA: Clean Energy Council welcomes release of rebate figures
release of the rebate application figures that the federal government has received for its Solar Homes & Communities Plan, for the period just before and since the recent federal budget. The figures were announced the day that Environment Minister Peter Garrett spoke at the national ATRAA Conference and Exhibition, the annual event for the solar...
CHINA: Evolution Solar acquires Synergy Design and Development Corp
Development Company Limited, a Shanghai-based R&D and procurement Company. It did not disclose the cost and terms of the acquisition. Evolution Solar recently announced its plans to develop alternative energy technologies using thin film solar panels. It is also planning to establish manufacturing capabilities in Asia. “The acquisition of Synergy should give Evolution Solar...
CHINA: Trina Solar in marketing collaboration agreement with Spain’s Espanyol soccer team
modules for a new stadium being built by the Spanish Premier League football team Real Club Deportivo Espanyol de Barcelona. Trina Solar will supply Espanyol with 500 kW of PV modules for the construction of a roof-top PV installation for the club’s new stadium in Barcelona due for completion in late 2008. Trina Solar will...
INDIA: BHEL wins Rs4 billion turnkey contract in Rwanda
said a consortium it is leading has been awarded a contract to set up a 2×14 MW hydropower project in Rwanda. This is the company’s first venture into East Africa. Rwanda’s Ministry of Infrastructure awarded the Rs4 billion turnkey contract for the Nyaborongo hydro power project that is funded by the Indian government’s line...
JAPAN: MHI’s wind farm begins generating power in Bulgaria
in Bulgaria has begun generating electricity for Kaliakra Wind Power AD (KWP), a joint venture established locally with the Bulgarian engineering firm inos Ltd. The electricity is sold to Natsionalna Elektricheska Kompania EAD (NEK), Bulgaria’s state-owned electricity utility. The Kaliakra wind power generation and sales project has been planned as a Japanese-Bulgarian Joint Implementation project...
NEW ZEALAND: UK’s Agent Energy halts plans for multi million biofuels project
“uneven” playing field for its decision to shelve plans to build a NZ$100 million biodiesel plant. (US$1=NZ$1.3). Dickon Posnett, managing director of Argent Energy’s NZ subsidiary, said New Zealand’s proposed legislation in the Biofuels Bill makes the playing field too uneven. “Ethanol gets a government-backed subsidy, through relief from excise duty, that amounts to...
PAKISAN: Sugarcane biogas plant powered by GE Energy’s Jenbacher gas engines
waste biogas created from the production of ethanol recently began supplying electricity to the national grid. The plant is powered by eight of GE Energy’s Jenbacher biogas engines. The commercial start-up of sugarcane milling company Shakarganj Mills Ltd.’s new biogas power plant in Jhang, Pakistan comes as the country is working to overcome its current...
CHINA: LDK to purchase furnaces from JYT Corporation
solar wafers, said it has signed a contract with China-based JYT Corporation to purchase furnaces used for producing multicrystalline and monocrystalline ingots. The furnances will be installed in its manufacturing facilities in Xinyu city in China’s Jiangxi province. With the world’s largest current ingot loading capacity of 800kg, LDK Solar said the furnaces will help...
CHINA: ‘Carbon Insights’ conference in Shanghai from September 16 to 17
(EnergyAsia, August 12, Tuesday) — ‘China Carbon Insights 2008’ will be held in Shanghai from September 16 to 17. The global carbon trading market is forecast to become a $200 to $205 billion industry in the next decade, with China accounting for one quarter of it. Delegates will have the opportunity to hear about obtaining (more…)
CHINA: HLS Systems to produce proprietary wind power control systems
discussions” to provide critical automation control systems to some of the largest wind turbine producers in China. The Beijing-based company said it expects to begin producing wind power control systems later this year. China imports almost all its wind power control systems are virtually, with no one supplier a clear market leader. HLS said it...
JAPAN: Itochu targets Europe for solar energy expansion
for the expansion of its solar energy business. The trading house has set aside a budget of 110 billion yen to develop solar power manufacturing facilities in Europe to follow on its purchase of a stake in Norway’s Scatec Solar AS. (US$1=110 yen). Itochu and Scatec are also planning to invest about 100 billion yen...
AUSTRALIA: Empire Energy signs MOU for joint venture to drill for oil and gas in Tasmania
signed a Memorandum of Understanding for the formation of a joint venture to raise a total of A$45 million for drilling for oil and gas drilling off Tasmania in Australia. (US$1=A$1.10). Energy Corp’s wholly owned subsidiary Great South Land Minerals Ltd (GSLM) also signed the agreement with Hong Kong-based Smart Win International Limited, a joint...
VIETNAM: India’s BHEL awarded major contract for Nam Chien hydropower plant project
awarded a Rs2 billion contract to help build the Nam Chien hydropower project in Vietnam, its first in the power-short country. (US$1=Rs43). The hydropower plant, located in the Muong La district in the Son La province, 350 km north of Hanoi, is slated for completion by end-2010. BHEL said the contract is funded by the...
BHUTAN: India’s Tata Power acquires 26% in 114MW hydro project
hydropower project in Bhutan near the border with India. Subsidiary Tata Power Trading will purchase all the power generated from the project. The project’s majority partner is the Bhutan state-owned Druk Green Power Corp (DGPC). The partners have formed Dagachhu Hydro Power Corp to implement and manage the plant. The financial details of the deal...