Asia > Renewable energy

Renewable energy in Asia

  • Clean technology companies

    EUROPE, 2013/01/01 It was an extra discouraging year for Canadians investing in clean technology companies but the companies that survived are giving the industry a glimmer of hope within the gloom. Next a dismal 2011, the completed year was supposed to see some of the beaten down public firms in the sector showing their stuff and gaining momentum. Instead, several players collapsed, and a lot of of those that remain have seen their stock fall dramatically. Only a handful have managed strong returns over the course of the year.

  • President inaugurates country’s first windmill project

    PAKISTAN, 2012/12/25 President Asif Ali Zardari inaugurated the country’s first windmill project in Jhimpir, Thatta, on Monday. The Fauji Fertilizer Company Energy Limited’s (FFCEL) project will contribute 50 megawatts (MW) of electricity to the national transmission grid. The wind farm comprises 33 German-made turbines, each with the capacity to produce 1.5MW of energy. While addressing the ceremony, President Zardari said the government has planned to increase power production from wind and solar sources. “The corridor from Jhimpir to Gharo offers great potential for the use of clean energy,” he observed.

  • The first wind power generation project in Pakistan

    PAKISTAN, 2012/12/25 The first wind power generation project in Pakistan has recently been recognised by Project Finance Magazine.  Turkish-based Zorlu Group showed interest to set up the first wind farm in Pakistan. To turn this into a reality, the company decided to open a subsidiary in Pakistan called Zorlu Energy.

  • Indonesia, NZ to Partner on Geothermal Projects

    INDONESIA, 2012/12/22 New Zealand and Indonesia have reaffirmed their commitment to boost their bilateral relations, with both nations agreeing to focus on collaborating on geothermal energy projects. In a press conference after the fifth annual Joint Ministerial Commission conference on Tuesday, visiting New Zealand Foreign Minister Murray McCully and his Indonesian counterpart, Marty Natalegawa, agreed that collaboration in the geothermal energy sector and other renewable energy projects was a priority for both nations amid increased concerns over climate change and other environmental issues.

  • China set to subsidize renewable energy

    CHINA, 2012/12/22 CHINA will pay 8.6 billion yuan (US$1.4 billion) in subsidies for power generated from renewable sources this year, the Ministry of Finance said yesterday. The funds will be allocated by provincial financial authorities to grid companies which purchase renewable power from generators at above-market tariffs.

  • Panasonic begins solar panel plant in Malaysia

    MALAYSIA, 2012/12/17 Panasonic on Thursday announced that they have begun solar panel production at a plant in Malaysia in an effort to meet “robust” request in Japan. The move continues to see Malaysia develop itself into a prime country for alternative and renewable energy production and infrastructure development. The new facility will have a yearly capacity of 300 megawatts and will create wafers and solar cells inclunding increase Panasonic’s in general module production to 900 mw.

  • Ocean University of China Signs MOU with Eco Wave Power

    CHINA, 2012/12/13 A senior delegation from the Governmentally-owned Ocean University of China arrived in Israel and signed MOU with Eco Wave Power. The MOU between EWP and OUC is meant to lead to the implementation of Eco Wave Power’s unique technology across a wide-range of wave-prone regions in China. According to the terms of the agreement, The Ocean University will fasten full funding for EWP’s first commercial scale project, and conduct the related R&D works, with its national of the art facilities.

  • China Profits From Solar Policy as Europe Backpedals

    CHINA, 2011/02/28 China, the world’s biggest electricity consumer, is figuring out how to capture a larger share of the solar-energy market without losing money.

  • Suntech to supply 115-MW PV modules to Italian Enerpoint

    CHINA, 2011/02/16 Suntech Power Holdings Co Ltd, the major Chinese solar-cell maker by market price, based in Wuxi, Jiangsu Province, plans to supply 115 megawatts of photovoltaic modules to Italian company Enerpoint S.p.A., sources reported. These PV products will be installed in Italy in 2011 and 2012.

  • Chinese businesses fuel market for cleaner energy

    CHINA, 2011/02/15 While China reaches ever further overseas to fasten energy supplies, some Chinese businesses at home are coming up with increasingly creative ways of tapping into new sources of fuel. Take the story of small company in Fujian province that has captured a local niche market: collecting waste oil from restaurants and factories and turning it into biodiesel and chemicals that can be sold at a handsome profit. The-year-old biodiesel business of China Clean Energy has got a large boost from the government’s vows to cut carbon emissions. According to William Chen, its chief financial officer, the New York-listed company has seen its revenues quadruple this year compared with 2009. "Recently there was a government policy that requires power generators to reduce emissions, so some of the power generation plants have started shifting their regular petroleum diesel to biodiesel,” explains Mr Chen. In the completed quarter, China Clean Energy has signed up no less than new thermal power plants to use its biofuel, each of which has placed orders worth at least Rmb 1m ($150,000). These thermal power plants formerly used regular diesel to help the coal burn at higher temperatures but Mr Chen says biodiesel burns much additional cleanly. It’s as well cheaper. Biodiesel made from waste oil costs about Rmb 4,000 a tonne, compared with a market price of Rmb 4,648 a tonne, Mr Chen says. Some of their biodiesel is as well sold at gas stations at a price per calorie that is on a par with diesel. The company as well uses the oils it collects to make speciality chemical products that go into products such as detergent, high-grade glues, printing ink for glossy magazines and anti-rust coatings on ships. The chemicals part of the business currently generates most of its revenue but that could change as request for biodiesel grows. The popularity of biodiesel has meant that even leftover cooking oil, which was once considered waste, is presently a hot commodity. A few years ago, restaurants would give away their waste oils for free or even pay collectors to take it away, Mr Chen says. “But presently waste oil acts like a commodity because everyone wants to buy it.”    
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