Following a restructure of its Australian business, Investec Ltd. is seeking buyers for a wind farm estimated to cost 900 million Australian dollars (US$813 million) to build. “If I could divest it at a reasonable price, I would immediately,” Investec Australia’s Acting Chief Executive Ciaran Whelan said, referring to the bank’s ownership of development rights to the Hornsdale wind project in South Australi ...

Lignol Energy Corporation (LEC), a specialist in advanced biofuels and renewable chemicals, plans to invest up to a further A$1,000,000 in Territory Biofuels Limited (TBF), the owner of the largest biodiesel plant in Australia. Upon completion, LEC will increase its majority holding to up to approximately 66% of the issued and outstanding shares of TBF and up to approximately 68% on a fully diluted basis. " ...

US thin-film module manufacturer First Solar and Australian PV developer and installer Ingenero have formed a partnership agreement aimed at serving the market in Australia and the Asia-Pacific region. The two companies will target the commercial and off-grid markets. Ingenero has experience of building small to medium-scale projects, while First Solar is more commonly associated with utility-scale projects ...

Welspun Energy has commissioned its 55 mw solar photovotaic (PV) power plant in Rajasthan. This project was a part of the first phase of the National Solar Mission and is Asia's largest single location solar power plant. This solar project, located near Phalodi in Jodhpur district, has been developed in three phases of 15, 15 and 20 mw. Welspun stated that it completed the project in five months. This solar ...

The amount of water consumption on the single day of July 30 reached 2.94 million cubic meters in urban Beijing, the highest recorded in the past century, The Beijing News reports. As a megacity that has continuously suffered from rainfall shortage since 1999, Beijing has no more than 100 cubic meters of water for each of its 20 million inhabitants a year, only one tenth of the national average, notes Dai Y ...

Three major solar manufacturers are producing panels at full speed and contemplating plans to expand capacity to meet surging demand in Asia. Trina Solar Ltd., the third-largest panel producer, increased its forecast for panel shipments this year to as much as 2.4 gigawatts from an earlier range of 2 gigawatts to 2.1 gigawatts, according to a statement yesterday. That matches the Changzhou, China-based comp ...

A subsidiary of Hyflux has secured an agreement to develop a project in China’s Sichuan province. The Hejiang Fobao Yulanshan Mountain Wetlands project is expected to become a world-class ecological and environmentally-friendly development comprising residential, recreational, commercial and tourism components, media reports said. The agreement is valid for six months and was signed with Sichuan Hengxin Wei ...

Armstrong Asset Management has announced that it will commit US$30 million for solar PV and biogas projects in Southeast Asia. The company is pairing up with developer Annex Power on the projects in Thailand, Indonesia and Singapore. “We are delighted to be expanding on our strong relationship with the Armstrong Fund whose investment objectives align very well with our own and whose experience in the renewa ...

Mitsubishi Heavy Industries, Ltd. (MHI) has received a full-turnkey order for the construction of a 977MW (megawatt) gas turbine combined cycle (GTCC) power generation plant from Khanom Electricity Generating Co., Ltd. (KEGCO), an independent power producer (IPP) in Thailand. The plant is to comprise of two trains of a 488.5MW power generation unit, with both blocks slated to go on-stream in June 2016. MHI ...

The development of Mindanao as the palm oil capital of the Philippines has become the current focus of  the Mindanao Development Authority (MinDA). MinDA Chairman Luwalhati Antonino said the agency has initially identified close to 200,000 hectares of farmlands as suitable for oil-palm plantation. Negotiation for developing these areas is already under way. Antonino disclosed that several private companies ...