No surprise that India has been beaten by China for oil exploration bids in Myanmar, Kazakhstan and elsewhere over the past few years. With serious shortages and blackouts seriously affecting and threatening India’s economic growth, India is looking to Africa, South America, Pakistan, and elsewhere for new supplies.
Read article at Bloomberg
Archive for March, 2008
India Looks to Africa for Oil
Posted in Gas, India, Myanmar, Oil, Pakistan, Transportation on March 31, 2008 | 1 Comment »
China Fuel Shortages Spreading
Posted in China, Diesel, Oil, Transportation on March 24, 2008 | Leave a Comment »
With oil prices over US$100/barrel, China’s independent refineries are understandably balking at supplying at a loss. The government is forcing independent suppliers to take the brunt of the massive inflation affecting the country, causing shortages to even Shanghai and Beijing.
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Scaling up solar in India
Posted in Clean Energy, Cleantech venture capital, India, Legislation, Renewable Energy, Renewable Energy Power Purchase Agreement, Solar, Thin-film Solar on March 7, 2008 | 4 Comments »
February 28, 2008 (Renewable Energy World) -
Moser Baer PV steps up its plans to change the way India receives electricity.
The company, a relatively new entrant in the solar photovoltaic (PV) market, has recently announced a series of new initiatives. These include setting up India’s largest grid-connected solar farm in the sunshine abundant state [...]
Borneo Energy to acquire equity interests in sustainable power
Posted in Biofuels, Biogas, Biomass, Clean Energy, Cleantech venture capital, Crude Palm Oil, Malaysia, Renewable Energy on March 7, 2008 | 1 Comment »
March 3, 2008 (Datamonitor) – Sustainable Power has announced that Borneo Energy Sendirian Berhad, a wholly owned subsidiary of Borneo Oil and Gas, has entered into a share subscription agreement to purchase 50 million restricted shares of Sustainable Power.
The initial deposit required per the agreement has been received by Sustainable Power (SSTP). Sustainable Power also [...]
NorSun to build $300M Singapore solar plant
Posted in Clean Energy, Cleantech venture capital, Renewable Energy, Singapore, Solar on March 5, 2008 | Leave a Comment »
March 4, 2008 (AP) – A Norwegian manufacturer of solar panel components will start building a wafer plant in Singapore this year, the company said Tuesday.
“Solar energy will be the dominant source of energy in the future. It’s a very exciting industry to be part of,” said NorSun AS founder Alf Bjorseth, at a press [...]
Japan may invest $1.93 billion in climate fund
Posted in Clean Energy, Cleantech venture capital, Climate Change, Japan, Solar, U.K., U.S., Wind on March 5, 2008 | 2 Comments »
March 3, 2008 (Reuters) – The fund, to be set up jointly with the United States and Britain, is expected be the largest ever of its type, with total investment of about 500 billion yen ($4.82 billion), the Nikkei said.
By investing in technologies such as wind and solar power in less developed countries, participating governments [...]
Green developers get S$20m fund (Singapore)
Posted in Clean Energy, Cleantech venture capital, Energy Efficiency, Green Building, Legislation, Singapore, Solar on March 5, 2008 | 3 Comments »
March 4, 2008 (Today Online) – Developers of new and green buildings can now tap into a S$20 million fund set up by the Government – a decision that is certain to sit well all-round as oil prices continue to surge.
The fund will partly offset the cost of integrating solar panels into new buildings “which [...]
Transport fuels from New Zealand biomass a reality
Posted in Biofuels, Cellulosic Ethanol, New Zealand, Transportation, U.S. on March 5, 2008 | Leave a Comment »
March 3, 2008 (Scoop) – Biofuels generated from New Zealand-grown softwood feedstocks have been identified as a feasible, large scale option for meeting both the low-carbon transport vision of the Government’s 2007 Energy Strategy (NZES) and Biofuels Sales Obligation (BSO), say the authors of a report by the New Zealand Lignocellulosic Bioethanol Initiative.
Carbon Capital to invest RM150m in biogas, biomass plants
Posted in Biodiesel, Biogas, Biomass, Carbon Credits, Clean Energy, Cleantech venture capital, Conservation, Crude Palm Oil, Japan, Malaysia, Recycling, Renewable Energy, Small-hydro, Waste Management, Waste to Energy on March 5, 2008 | 12 Comments »
March 3, 2008 (The Edge Daily) – Carbon Capital Corp Sdn Bhd will launch RM150 million worth of biogas and biomass projects in Sarawak next month as part of its long-term strategy for growth.
“We will be launching four biogas projects and one 10 megawatt biomass power plant there, utilising empty fruit bunches (from oil palm).
“These [...]
Australian industry looks to gas, coal for transport fuel
Posted in Australia, Coal, Diesel, Gas, Legislation, Transportation on March 5, 2008 | Leave a Comment »
February 26, 2008 (The Australian) – A move to develop a national agenda to create a multi-billion-dollar industry producing liquid transport fuels from coal and gas will be launched today by the Rudd Government.
Resources Minister Martin Ferguson will use a conference in Brisbane to set the scene for gas and coal offsetting Australia’s huge and growing [...]
