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
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.
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
February 28, 2008 (Bangkok Post) – Thailand is developing a master plan to build the country into the world’s second largest green energy producer after Brazil. Energy Minister Poonpirom Liptapanlop said she wanted to see the country become a net exporter of green energy to tap strong global demand.
To achieve the goal, authorities plan to develop a 15-year Renewable Energy Development Plan to cover the full range of alternative energy businesses including gasohol, biodiesel, biomass, wind and solar power, she said yesterday. Continue reading
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
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 people lacking technical understanding.
It should be common knowledge that “the transmission of electricity over long distance comes with huge loss.” There are very few countries in the world with better chances than Indonesia to realize enormous decentralized energy generation at low cost or even free for the country.
Indonesia has a potential 27,000 MW of geothermal sources requiring low investment of which currently only 837 MW are in use. Why? Because Pertamina, PLN and the government have not, over the past 30 years, managed to give the many waiting investors investment security. Continue reading
Posted in Biomass, Carbon Credits, Clean Energy, Cleantech venture capital, Diesel, Geothermal, Hydro, Indonesia, Nuclear, Renewable Energy, Solar, Waste to Energy
February 15, 2008 (Financial Express) – India’s carbon market is growing faster than even information technology, bio technology and BPO sectors as 850 projects with an investment of a whopping Rs 65,000 crore are in pipeline. The revenue from 200 projects is estimated at $2 billion till 2012, according to Prodipto Ghosh, member of the Prime Minister’s Council on Climate Change. Ghosh was speaking at the ‘Carbon Credit Conference: The way beyond CDM’ here on Friday. Continue reading
February 12, 2008 (The International News) – A household can lit a candle or an emergency light to illuminate the house, but it does not work for the industry, as it requires uninterrupted power supply. Industry is facing a production loss due to current power crisis.
Korangi Association of Trade and Industry (KATI) President Shaikh Fazal Jaleel told The News that there was 50 per cent decline in production due to power breakdowns. When asked whom he considered the biggest enemy of investors in Pakistan; the so-called terrorism or energy crises; “energy crises,” he said. Continue reading
Posted in Biomass, Clean Energy, Coal, Hydro, India, Indonesia, Malaysia, Pakistan, Renewable Energy, Solar, U.S.