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Archive for September, 2007

September 27, 2007 (Inquirer) – PNOC Alternative Fuels Corp., a subsidiary of Philippine National Oil Co., has entered into an agreement with Royal Green Energy Development Inc. for the purchase of jatropha crude oil to be produced from the latter’s jatropha plantation. Under the deal, PNOC-AFC will buy jatropha crude oil from Royal Green at [...]

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September 27, 2007 (News.com) – Ausra, a solar thermal specialist from Australia, on Thursday said it will try to build solar power plants in the U.S. over the next seven years that collectively will generate a gigawatt worth of power. Three hundred megawatts worth of that capacity is already committed to FPL Group, a utility [...]

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September 21, 2007 (ADB) – The Asian Development Bank (ADB) has approved a US$28 million first-stage loan for Viet Nam’s Mong Duong thermal power project. The plant will ultimately add 2,200 megawatts of generating capacity to Viet Nam’s electricity system. Total ADB funding under the two-stage financing program will be $931 million.

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September 18, 2007 (China.org.cn) Up to 2020, PetroChina will spend 10 billion yuan developing new energy sources, the company’s vice president announced at an international forum.Hu Wenrui, vice president of PetroChina, said that the company will speed up the development of new energy sources, such as hydraulic liquid, oil-gas, coal-bed methane, ethanol fuels, biological diesel [...]

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September 26, 2007 (BUSINESS WIRE) – Research and Markets (http://www.researchandmarkets.com/reports/c69476) has announced the addition of the new Frost & Sullivan Report “Strategic Analysis of the Indian Biofuels Market” to their offering ($). This Frost & Sullivan research service titled Strategic Analysis of the Indian Biofuels Market provides an overview of the current and future markets [...]

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Through reduction of 163,784 tons of CO2, Tata Motors sold CERs at US$22.11 each on the Chicago Climate Futures Exchange (CCFE).  The auction, the first of its kind in the US, was 13.3 times oversubscribed.  Tata Motors has developed two wind projects in Satara and Supa in Western India.  Read the article here.

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September 25, 2007 (Reuters) – Global palm oil prices may reach 2,600-3,000 ringgit per tonne shortly as demand is likely to surpass supplies and rival soyoil is also expected to rise sharply, a top industry analyst said on Sunday.Soyoil prices would soon scale up to $900 per tonne and might touch $1,000 per tonne, Dorab [...]

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September 25, 2007 (Jakarta Post) – Environmentalists and palm-oil producers are increasingly at odds. Greens groups say palm oil is driving the conversion of tens of thousands of hectares of peatlands and lowland forest in Indonesia, putting wildlife at risk, increasing the vulnerability of forests to fires, and triggering large emissions of greenhouse gases. Palm-oil [...]

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September 24, 2007 (Malaysia Star) DATUK Vinod B. Sekhar is headed for a bigger stage after having just recently addressed an audience of nearly 400 global chief executives at the Forbes Global CEO Conference in Singapore. There, he promoted Green Rubber Global as the world’s first commercially viable waste-free way to recycle the over one [...]

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September 22, 2007 (Hindu Business Line) India, which accounts for 31 per cent of world’s CDM (Clean Development Mechanism) projects, sees a huge opportunity for small hydro power projects to get carbon credits or Certified Emission Reductions (CERs).There is an estimated potential of 15,000 MW from small hydropower projects in the country. Of this, about [...]

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