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Archive for the ‘Geothermal’ Category

February 26, 2008 (Xinhua) – China’s green construction system, with a market value estimated at 1.5 trillion yuan (US$208 billion), is growing through energy-efficient projects, the Ministry of Construction said here on Tuesday. Qiu Baoxing, deputy head of the ministry, said the construction area involved had increased by 2 billion square meters [...]

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February 16, 2008 (Jakarta Post) – The idea of introducing nuclear power to Indonesia is nothing more than a vehicle for a few needy individuals to gain public attention. Any moderately educated engineer will agree that Indonesia’s need for electricity is widely decentralized so nuclear power or large coal power plants are the ideas of [...]

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January 19, 2008 (Xinhua) – China Oilfield Service Limited (2883: HK) has signed its first overseas directional geothermal well service contract with the Philippine National Oil Corporation (PNOC).  Under the two-year contract, COSL will provide engineering and technological services to 34 PNOC directional geothermal wells, according to company sources.
The contract is worth millions of U.S. [...]

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January 7, 2008 (Renewable Energy Access) – At the beginning of each year, as the renewable energy industry looks back on its progress over the previous 12 months, the phrase “tipping point” always seems to enter the discussion. But how will we know when renewables have truly hit that tipping point?Will one quarter of the [...]

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December 25, 2007 (Business Standard) – When Internet search major Google Inc decided to power its “Googleplex” in Mountain View with one of the largest solar panel installations in the world last year, it was a big vote for solar energy, which presently provides less than 1 per cent of the energy generated worldwide.
Though the [...]

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November 22, 2007 (Reuters) – Philippine power producer First Gen won an auction for the government’s majority stake in geothermal firm PNOC-Energy Development Corp with a $1.35 billion offer that taps into the energy potential of the Pacific Ring of Fire. Manila is selling its holding in PNOC-EDC, which generates power from volcanic hotsprings, to [...]

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October 30, 2007 (The Australian) -A Rudd Labor Government will set a 20 per cent Renewable Energy Target for Australia to reach by 2020, Kevin Rudd said today. Under pressure over the blunder on the future of Kyoto, Mr Rudd today announced a policy that brings Australia into line with most developed nations including Europe, [...]

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October 12, 2007 (Cleantech Network) – The country is moving forward with its plan to produce 90 percent of its power from renewable sources by 2025.The New Zealand government announced plans to introduce a ban on new gas or coal fired generators. The move is part of the country’s target to produce 90 percent of [...]

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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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