In 2012, Asia is upping the ante on carbon trading and carbon abatement programs with a slew of emissions trading schemes being developed in countries like Australia, China, Thailand, India, Indonesia, Japan, New Zealand, South Korea and Taiwan. Also, more and more countries are trying to link up their emission trading schemes as the recently announced linkage between Australia and the EU clearly demonstrat ...

Sources reveal that Pakistan has sought Russian investment in six exciting power sector projects worth $12.66 billion, prior to the scheduled visit of Russian President Vladimir Putin on October 2, 2012. Two of these projects are major hydro developments related to Pakistan’s Water and Power Development Authority (Wapda) at Thakot & Pattan, both forecasted to stand at 2,800 MW with an estimated cost of ...

The first drinking water from the Wonthaggi desalination plant near Melbourne that will be Australia’s biggest has been produced during an initial performance test. Production meeting the governments drinking water guidelines will be increased during commissioning over the next few months with the plant capable of full production by the end of the year, Thiess Degremont said in a statement. Suez Environneme ...

Industrial machinery maker Hitachi Zosen Corp. is leading a group including Toshiba and JFE Holdings Inc. that plans to build $1.5 billion of offshore wind farms in Japan. The seven-member group will complete 7.5MW of pilot plants by 2016. They will then build wind farms with a combined capacity of 300MW over 10 years, as Hitachi Zosen’s Tokyo-based spokesman,Tomomitsu Yamamoto,told Bloomberg by telephone. ...

A new report into the potential for smart grid growth in Southeast Asia by Pike Research claims that investments will lead to a doubling of revenues over the next eight years. The report claims that revenues generated by investments in transmission, substation and distribution upgrades, as well as smart meters, will grow at a compound annual rate of 10%, rising from approximately $1.9 billion in 2011 to abo ...

The energy industry has once again fallen victim to hackers, with the world’s biggest oil company the latest casualty in a string of cyber attacks on energy producers and power plants. Saudi Aramco, Saudi Arabia’s national oil company, has admitted damage to over 30,000 computer hard drives after at least one insider with high-level access allegedly assisted hackers last month. The attack, using a computer ...

China is once again facing threats from the global community of tariffs as punishment for undercutting foreign rivals. Having already had tariffs imposed by the USA on the export of wind turbine components, the EU is issuing similar warnings to Chinese solar companies. An ongoing investigation by the European Union claims that producers in Europe may be victims of unfair price undercutting for solar panels ...

Fotowatio Renewable Ventures (FRV) has won the right to build a 20MW project near Canberra in Australia. FRV,which is based in the Netherlands, are involved in the complete management of solar energy facilities, and have been backed by U.S. energy investor Denham Capital Management LP. FRV will participate in the Australian Capital Territory’s feed-in tariff program, which rewards generators of solar power ...

The Securities and Exchange Commission (SEC) has approved Coal Asia Holdings' application for an IPO listing 800 million shares on the Philippine Stock Exchange's first board.Coal Asia, the parent company of Titan Mining and Energy Corporation, earlier announced its planned IPO aiming to raise P726.87 million net of IPO expenses. They aim to complete exploration and further expand production works for both ...

The Japanese government is debating whether to reduce nuclear energy supply to zero %, 15%, or 20-25% of the power generation mixby 2030.The country’s desire to eliminate nuclear comes after the Fukushima disaster last year, and would necessitate the utilization of fossil fuels to plug the gap whilst renewables are developed. This would mean that Japan would fail to meet a target to cut greenhouse gases 25% ...