PetroVietnam, plans to invest US$2 billion in a 1,410 megawatt (MW) hydroelectric plant in Luang Prabang province in Laos. The project could produce up to eight billion kilowatt hours of electricity a year, some of it to be exported Vietnam, which is experiencing power shortages. The two countries have begun feasibility studies which are expected...
energy company PTT commercial rates for using the national gas pipeline network. PTT will face a 15% hike every five years. The tariff hike was prompted by the fact that PTT shareholders – both domestic and foreign – were benefiting from the below-market tariffs, finance ministry officials said. They said the tariffs had to be...
(EnergyAsia, January 9, Wednesday) — The Oxford Princeton Programme will be holding a a one-day workshop, “Understanding Emissions Trading,” in Singapore on May 23.Emissions trading, a scheme aimed at combating climate change, aims to cap the output of greenhouse gases by companies and countries. Participating companies are allocated a quota on greenhouse gas emissions which...
(EnergyAsia, January 9, Wednesday) — Coal-Gen Sustainability China 2008, a part of the Asia Energy Dialogue series, will be held in Beijing, China from February 27 to 29.China’s power industry, the second-largest in the world, is undergoing major transformation driven by the country’s rising energy demand and increasing investment by foreign power firms. Coal-Gen Sustainability...
(EnergyAsia, January 9, Wednesday) — Solarfun Power Holdings Co Ltd, an established manufacturer of photovoltaic (PV) cells, modules and ingots in China, has appointed Henricus Johannes Petrus “Harold” Hoskens as CEO from February 25 for an initial term of three years. He takes over the post from Lu Yonghua who remains chairman.Mr Hoskens joins Solarfun...
(EnergyAsia, January 9, Wednesday) — Indonesia may soon change regulations to allow private traders a greater role in distributing subsidised fuels in the country.Currently, fuel distributors have to be operating in at least two large market zones to be allowed to participate in state tenders. Most private retailers do not qualify as they do not...
(EnergyAsia, January 9, Wednesday) — Steel giant Mittal is looking to team up with India’s Hindustan Petroleum Corporation Ltd (HPCL) to build refineries in Nigeria and Congo.The plan includes a grassroots 10-million tonne/year unit in Nigeria and the expansion of an existing plant in Congo.Mittal has been offered an offshore oil block in Congo which...
(EnergyAsia, January 9, Wednesday) – Korean wind energy equipment manufacturer CS Wind Corp said it has sold an unspecified stake to Wall Street financial house Goldman Sachs for 42 billion won. (US$1=930 won).The US firm is now the second largest stakeholder in CS Wind Corp which manufactures wind tower and wind tower components.With the proceeds,...
(EnergyAsia, January 9, Wednesday) — Singapore-listed oil trader Chemoil Energy Limited said its CEO and executive chairman, Robert V. Chandran, died on January 7 following serious injuries sustained in a helicopter crash in Indonesia’s Riau province.The company said Terence Gidlow, Chemoil’s vice president of business development, was injured but is in stable condition.Chemoil’s board is...
(EnergyAsia, January 9, Wednesday) — India’s Moser Baer Photo Voltaic said it will build a solar power project in the state in Rajasthan state.The US$25 million project would have the capacity to generate between one and five megawatts (MW) of electricity.New Delhi-based Moser Baer Photo Voltaic, a subsidiary of Moser Baer India, is focused on...
(EnergyAsia, January 9, Wedndesday) — India and Pakistan will have one more reason to intensify their rivalry: water.In June, India will start up the first phase of the controversial 450 megawatt (MW) Baglihar hydroelectric project in Kashmir state in June despite on-going disputes with Pakistan.Apart from unsettled territorial claims with India over Kashmir, Pakistan has...
(EnergyAsia, January 9, Wednesday) — Suzlon Wind Energy A\S, the Europe and Latin America marketing arm of India’s Suzlon Energy Limited and the world’s 5th largest wind turbine manufacturer, said it has landed an order for 42.5 MW of wind turbine capacity from Spain. The contract, with an unspecified value, calls for the supply of...
order for 5.7 megawatts (MW) of its Concentrating Photovoltaic (CPV) systems for alternative energy projects in South Korea, along with a letter of intent for follow-on projects of 14.3 MW, expected to be released within the next six months. EMCORE also signed an agreement with DI Semicon, a Seoul-based semiconductor packaging company, to form a joint...
by Thailand’s Star Petroleum Refining Company Limited to build a new jet fuel processing plant and related storage and shipping systems in Rayong Province. The contract, worth more than US$60 million, involves the engineering, procurement, fabrication and construction of a new 20,000 b/d Jet Merox™ plant to treat and reduce sulphur content in jet fuel....
(EnergyAsia, January 8, Tuesday) — Malex Inc has changed its name to China Wind Systems Inc to reflect its growing focus on developing its wind energy business in China. The company, through its wholly owned subsidiaries, Huayang Dye Machine and Huayang Electrical Power Equipment, manufactures and sells industrial machines for use in the textile and...
photovoltaic (PV) cells, modules and ingots in China, said it has signed three contracts to deliver wafers totalling $230 million over a seven-year period to an unidentified Korean conglomerate. Solarfun will receive a predetermined amount of wafers starting this month with volumes reaching over 30 MW per year in 2011. The prices will be fixed...
order from China to meet the demand of four projects in Inner Mongolia province. The order by China Guangdong Nuclear Wind Power Co Ltd is for the supply of 232 units of the V52-850 kW turbines, and includes commissioning of the turbines, a VestasOnline® Business SCADA system and a two-year maintenance and service agreement. Vestas...
3,800 megawatts (MW) last year. Scientists said the advancement of thin-film technology in 2006 helped set the stage for the rise in the production of solar cells. PV cells, which converts sunlight to electricity directly, consists of traditional polysilicon-based solar cell technology and new thin-film technology. Thin-film manufacturing involves depositing extremely thin layers of photosensitive...
of independent fuel retailers to storage capacity could end up raising fuel cost and hurting consumers. The company said Australia’s fuels terminal and distribution system is already operating at an efficient and low-costs level, making any reforms unnecessary. Rather, the proposals for reform threatened to result in lower efficiencies and higher prices for consumers, BP...
River in Longtan city in the southern autonomous region of Guangxi Zhuang. The 6.3-million kw project was completed 14 months ahead of schedule with three generators operating and the remaining six generators due to come onstream in 2009. The Longtan hydropower plant is a key project in Beijing’s plan to develop the country’s western regions,...
(CNPC) and Sinopec are planning to import an additional 800,000 tonnes of diesel fuel in January to help address an anticipated supply shortage during the first quarter of 2008. Demand from transport is expected to surge as many people will be travelling long distances to their homes during the traditional Chinese New Year. After that,...
determination to boost the production and use of renewable energy sources to meet the energy needs of the country’s fast-growing economy. The paper also stated that China will aim to reduce its greenhouse gas emissions. Renewable sources targeted in the paper include hydroelectric, nuclear, solar and wind power, as well gas from garbage dumps and...
(EnergyAsia, January 7, Monday) — Thailand’s upstream company, PTT Exploration and Production Public Company Limited (PTTEP), has announced its investment plans for the five-year period from 2008 to 2012. The company has lined up a capital and operating budget of 286,898 million baht. (US$1=30 baht). PTTEP has a total of 38 projects under three groups:•...
(EnergyAsia, January 7, Monday) — Drewry has just released its annual LNG Shipping Market Review and Forecast 2007/08 giving an independent assessment of the sector and future trends. The report contains comprehensive information on the LNG shipping industry including a summary of developments between 1964 and 2006, size and age profiles of vessels, deliveries, new...
(EnergyAsia, January 7, Monday) — Political leaders at the UN Climate Change Summit in Bali, Indonesia last month hammered out a deal which launches formal negotiations with a 2009 end date, but the deal falls short in its ambition, said non-governmental organisation WWF. Representatives from nearly 190 governments met for the most important climate talks...