(EnergyAsia, June 9, Monday) — China’s Yingli Green Energy Holding Company Limited, a world leading vertically integrated photovoltaic (PV) product manufacturer, said it has signed a polysilicon supply contract with Sailing New Energy Resources Co Ltd. Sailing, a polysilicon supplier located in Chongqing, China, will supply polysilicon to Yingli from the fourth quarter of 2008...
(EnergyAsia, June 9, Monday) — Environmental lobby group Greenpeace has told European Environment Ministers who met in Luxemburg last week to protect the environment and ignore the car lobby. As the ministers discussed measures to limit greenhouse gas emissions for cars, five Greenpeace activists dropped banners from a crane next to the venue accusing the...
(EnergyAsia, June 9, Monday) — Australian upstream company Santos said it has been advised by operator Apache Energy Ltd that an incident has occurred that has affected the export gas pipelines from Varanus Island The incident has resulted in a total cessation of production, including from the John Brookes field, in which Santos has a...
(EnergyAsia, June 9, Monday) — Queensland Gas Company (QGC) said a new underground pipeline will be built to link its Surat Basin reserves from Australia’s Queensland to Newcastle in New South Wales state, creating a major hub for gas transportation. QGC managing director Richard Cottee said the 820-km pipeline would transport its coal seam gas...
(EnergyAsia, June 9, Monday) — Japan’s Mitsui & Co Ltd said its subsidiary, Mitsui & Co (Australia) Ltd, has acquired 100% of the shares of Bald Hills Wind Farm Pty Ltd, a special purpose company holding the development rights for a new wind farm project in Victoria state in Australia. The project will involve the...
(EnergyAsia, June 6, Friday) — ‘Carbon Finance Asia 2008’, an event by Terrapinn, will be held at the Grand Hyatt from October 7 to 10. Under the Kyoto Protocol and other policies to combat climate change, projects that reduce emissions of greenhouse gases also generate a valuable new commodity. The sale of emission reduction units (more…)
(EnergyAsia, June 6, Friday) — ‘2008 China Nuclear Energy Congress’ will be held at the Kempinski Hotel in Beijing, China from June 10 to 13. The event capitalises on the success of the previous installments of ‘China Power & Alternative Energy Summit’ which attracted over 1,000 participants. Jointly hosted by the China Decision Makers Consultancy (more…)
(EnergyAsia, June 6, Friday) — Cavico Corp said wholly own subsidiary Cavico Power and Resources has successfully completed a major tunnel at the Nam Chien 2 Hydropower Project in Vietnam. The breakthrough was completed two months ahead of schedule. It has revised the contract’s value to $2.4 million for the 1.3-km long and 4.8-m diameter...
(EnergyAsia, June 6, Friday) — Singapore’s Keppel Offshore & Marine Ltd (Keppel O&M) said that through Keppel FELS Limited (Keppel FELS), it has secured a US$385 million repeat order to build a semisubmersible drilling rig for Brazilian drilling contractor group Queiroz Galvão Óleo e Gás (QGOG). This price excludes the drilling and subsea equipment which...
(EnergyAsia, June 6, Friday) — Renewable energy company Asia Power has reported a first-quarter net profit of S$5.5 million, up 11% from the year-earlier quarter. The Singapore-listed company said revenues edged up 3% to $41 million on continued strength in its hydropower business in China. (US$1 = S$1.36). Asia Power is focussed on renewable energy...
(EnergyAsia, June 6, Friday) — – PT Indonesia Power has invested US$100 million to improve operations and expand three of its key hydropower plants in West Java. With the investment, the plants’ combined capacity will rise to 700 GWh from 500 GWh now. Indonesia Power’s overall capacity stands at 9,000 MW....
(EnergyAsia, June 6, Friday) — BG Group-owned Gujarat Gas Company Ltd (GGCL) is struggling to secure sufficient natural gas supplies to serve existing customers and feed planned new projects. Indian newspaper said the company’s sales volumes have fallen by a quarter to 2.8 million standard cubic metres in the first five months of the year,...
(EnergyAsia, June 6, Friday) — The massive earthquake that killed more than 80,000 people in China’s Sichuan province on May 12 may have claimed another victim. PetroChina has indicated it may not proceed with its plan to build a-50-billion-yuan refinery near the province’s main city of Chengdu. Early last year, PetroChina had agreed with provincial...
(EnergyAsia, June 6, Friday) — Australia-listed Mission Biofuels Limited has proposed to change its name to Mission NewEnergy Limited to reflect its diversification away from biofuels.| The company has called for a special general meeting to be held in Meeting Room 8 at the Perth Convention Exhibition Centre, 21 Mounts Bay Road, Perth, Western Australia,...
(EnergyAsia, June 6, Friday) — Engineering giant Foster Wheeler Ltd said its UK-headquartered subsidiary, Foster Wheeler Energy Limited, has been awarded an engineering and materials supply contract by Woodside for two gas turbine exhaust waste heat recovery units for the processing train at its Pluto liquefied natural gas (LNG) project in Western Australia. The two...
(EnergyAsia, June 5, Thursday) — Oxford Princeton’s ‘The Synergies of Refining, Trading and Supply’ will be held in Singapore from August 18 to 21. This advanced course will provide delegates with a thorough understanding of the latest business techniques and refining technologies available to the oil supply, trading and refining business. It will show how (more…)
(EnergyAsia, June 5, Thursday) — In a damning report entitled “False Hope”, environmental group Greenpeace has described carbon capture and storage (CCS) as a ‘scam’ operating on an unproven technology. Instead of pumping money into this false solution, the report said policymakers should invest in sustainable energy solutions to stop the climate crisis. It said (more…)
(EnergyAsia, June 5, Thursday) — Anglo Dutch Shell said it expects to make major investment in the Asia Pacific’s petrochemicals sector, said Shell Chemicals executive vice president Ben van Beurden. Describing this as the most exciting region for petrochemicals, he said rapid economic growth in very populous countries such as China and India is making (more…)
(EnergyAsia, June 5, Thursday) — The Indian government has announced plans to add 40,000MW of hydro power capacity by 2022. It has appointed expert teams to identify suitable sites, in particular in the northern states of Arunachal Pradesh, Himachal Pradesh, Sikkim and Uttarakhand. Hydro-generated power is needed to make up for shortfalls in natural gas...
(EnergyAsia, June 5, Thursday) — The government of Australia’s New South Wales state wants wind farms in the southern part of the state to power a desalination plant in Sydney. The desalination plant, currently under construction, will start supplying drinking water from late next year. Under a complex 20-year deal, the NSW government is working...
(EnergyAsia, June 5, Thursday) — The Australian government is setting up an A$500 million Renewable Energy Fund (REF) as part of its plan to cut the country’s greenhouse gas emissions by 60% from 2000 levels by 2050. (US$1 = A$1.05). The fund was provided for in the country’s 2008-2009 budget. About 10% of the fund...
(EnergyAsia, June 5, Thursday) — Australia’s solar industry has begun to retrench workers and reduce hiring following Canberra’s shock decision to cut back on its rebates programme for home solar panel installation. Under new rules announced last month without warning or consultation, a family making over A$100,000 per year no longer qualifies to claim the...
(EnergyAsia, June 5, Thursday) — New Zealand’s Contact Energy said it intends to recommission a 100MW gasfired generator unit at its mothballed New Plymouth power station in response to an electricity supply squeeze resulting from very low hydro lake storage levels and increasing winter power demand. The New Plymouth power station was closed last December...
(EnergyAsia, June 5, Thursday) — Italian utility Enel and Japan’s Sharp said they have signed an agreement to form a strategic partnership in the photovoltaic sector. The Memorandum of Understanding provides for the two companies to carry out a detailed analysis for the construction in Italy of a plant for the integrated manufacture of photovoltaic...
(EnergyAsia, June 5, Thursday) — French major Total said it has made a “significant” discovery of gas and condensates in Block B about 50 km from the coast of Brunei in a water depth of 62 metres. Total, the operator with a 37.5% stake, said its partners are Shell (35%) and local companies (27.5%). With...