Category Archives: Malaysia

More investment in cleantech is needed (Business Times)

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The following was published on December 5, 2012.  By Ron Mahabir

SINGAPORE SHOULD INVEST MORE HEAVILY IN CLEANTECH

AS WE speed dangerously along the highway of global economic growth, it has become awfully clear that we are headed for major accidents in food, water and other resource shortages, as well as increasing environmental disasters.

We just have had way too many red alerts in recent years including Fukushima, Gulf of Mexico, Katrina, floods and heat waves to not take these a great deal more seriously. It is probably more than coincidence that 2012 is on track to be the hottest year in the United States and Hurricane Sandy was the largest Atlantic hurricane on record. Continue reading

Borneo Energy to acquire equity interests in sustainable power

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 entered into a technical collaboration term sheet with Borneo Energy Sendirian Berhad (BOE). Continue reading

Carbon Capital to invest RM150m in biogas, biomass plants

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 are all projects which we will be investing in and developing 100%,” Carbon Capital group managing director William Kho said.

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TSH to reap benefits from carbon credits (Malaysia)

February 20, 2008 (The Star Online) – As the world’s second largest crude palm oil producer, Malaysia has great potential to reap revenue from certified emission reduction (CER), or carbon credits. According to Aseambankers, palm oil milling, which produces organic waste, create opportunities to generate CERs. It named plantation player TSH Resources Bhd as one of the beneficiaries of CERs in Malaysia.

“Thanks to its biogas power generation, the group qualifies to sell carbon credits, potentially generating an estimated 300,000 tonnes of carbon dioxide equivalent in carbon credit points per annum,” Aseambankers said in a recent report.

The research unit added that TSH had already secured annual sales of 150,000 CERs to a European buyer. Continue reading

Q-Cells 2007 sales rise, to start Asia production

February 19, 2008 (Reuters) – German solar cell maker Q-Cells reported strong full-year results and said it plans to invest more than 1 billion ringgit ($263.2 million) in its first production site in Asia.Q-Cells, which said on Tuesday it had become world’s largest solar cell producer by volume, said it plans to build a factory in Malaysia to take advantage of new growth markets and protect against currency fluctuations.

Solar companies around the world are expanding production capacity rapidly to meet growing demand for green energy to counter global warming.

Q-Cells said 2007 sales rose 59 percent to 858.9 million euros ($1.26 billion), which is more than its own target of least 800 million euros.

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Asia’s tigers eye nuclear future

February 15, 2008 (Asia Times) – The 2005-07 spike in petroleum prices topping out at US$100 a barrel has prodded economic planners across the globe to reconsider their energy options in an age of growing concern over global warming and carbon emissions. The Southeast Asian economies, beneficiaries of an oil and gas export bonanza through the 1970s-1990s, now find themselves in an energy crunch as once-ample reserves run down and the search is on for new and cleaner energy supplies. Notably, regional leaders at the 13th ASEAN Summit in Singapore in November 2007 issued a statement promoting civilian nuclear power, alongside renewable and alternative energy sources. Continue reading

Malaysian-Japan JV In RM1 Bln Biodiesel, Jatropha & Biogas Deal In Sarawak

February 12, 2008 (Bernama) – Carbon Capital Corporation Sdn Bhd will join hands with Japan Carbon Mercantile Co. Ltd to develop a multi-feedstock diesel plant in Tanjung Manis in Sarawak, Jatropha and oil palm plantations as well as a biogas renewable projects in the state covering five years involving investments no less than RM1 billion initially.

The multi-feedstock plant would have an annual capacity of about 240,000 tonnes per year and bulking facilities in Tanjung Manis while the Jatropha and oil palm plantations would cover an acreage of 100,000 hectares. Continue reading