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ASIA / PACIFIC
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March 31, 2009
Australia's
biggest electricity and gas retailer, AGL Energy, has agreed to buy 63 turbines
from India's Suzlon Energy
for a $341 million wind-power project in South
Australia. In
February, both the firms had entered into an agreement for supplying 54 units
of Suzlon's wind turbine generators.
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February 3, 2009
Japan's biggest wind farm operator, Eurus
Energy Holdings Corp, is bullish on business opportunities in the United
States, but regards China as risky because of uncertainty about government
support for the sector. China is about
to surpass India to become Asia's biggest market for wind energy, in some part
due to funds from Europe, Asia and the Middle East seeking U.N. carbon offsets
from clean energy projects overseas.
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December 29, 2008
Six areas in the Philippines are being
considered as possible sites for wind
power farms by private investors. The areas being eyed by the companies for
possible wind farms are located in the provinces of Ilocos Norte, Negros
Occidental and Negros Oriental.
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December 9, 2008
New South Wales Climate Change Minister
Carmel Tebbutt has announced that NSW would join the other Australian states in
introducing a feed-in tariff system and that the NSW system
would be along the lines of the anticipated federal program. The design of a national feed-in tariff (FIT)
system, and renewable energy sources to include, is the subject of a Senate
committee report.
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December 1, 2008
Spanish energy company Union Fenosa SA will
invest $1.2 billion to double Australia's wind farm power generation by
2013. Australia’s Trade Minister Simon
Crean commented the seven wind farms will boost Australia's clean energy
capabilities and help reduce the nation's greenhouse gas emissions.
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October 21, 2008
Korea based Hyundai Heavy Industries (HHI), the
largest shipbuilder in the world and a major engineering conglomerate, is set
to enter the global wind energy market.
Hyundai signed a deal to build wind turbines designed by American
Superconductor (AMSC), a leading U.S. energy technology company.
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September 30, 2008
A multimillion-dollar New Zealand wind farm proposal is on the verge of
being rejected because of visual
pollution concerns, despite a winter of power cut fears. A report by Greater Wellington
regional council recommends a five-year moratorium on wind farm development at
Belmont Regional Park, five years after the council called the site a
"world-class wind farm opportunity".
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August 20, 2008
Turkmenistan is estimated to
possess the world's fifth-largest natural gas reserves and substantial oil
resources. Despite the fact that the
country’s future prosperity is apparently assured by such bounty, the country
is taking steps toward exploring the potential of alternative energy
sources. Specialists of the Giun Scientific Association have
constructed a prototype wind turbine capable of generating five kilowatts.
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July 24, 2008
AGL Energy has bought the Australian wind farm
interests of Allco Finance Group for $12.5 million to help meet compulsory
renewable energy targets. Australia's largest gas and electricity supplier
said Wednesday it will acquire
investment firm Allco's seven development projects in Queensland,
New South Wales and South Australia.
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July 4, 2008
New figures show wind is being used to provide
a greater percentage of the New
Zealand’s power. Ministry of Economic
Development statistics show the percentage of electricity generated from wind
rose from 2.2% in 2007, to 2.6% in the first quarter of this year and it is
expected to continue to rise.
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June 30, 2008
Contact Energy has filed resource consent applications for its
Hauauru ma raki wind farm near Port Waikato. The project is expected to cost
more than $1 billion on around 17,000 hectares of isolated farmland to the
south of Port Waikato. The wind farm will produce up to 540 megawatts, enough
renewable electricity to power up to 200,000 average houses.
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June 19, 2008
Babcock's share price collapse last week
triggered a covenant on a $2.8 billion loan facility provided by 25
international banks. Several European firms signaled their interest
in buying the group's global wind farm assets, worth as much as $3 billion. Australia's
second-largest investment house hopes to raise around $4 billion from the sale
of wind farms and conventional power stations.
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June 11, 2008
Trans-Asia Power Generation Corp. (TPGC) is in the final stages of
assessing the viability of a 20-megawatt (MW) wind power project in Guimaras
province. Trans-Asia Oil and Energy
Development Corp. (TA Oil), TPGC's sister company, will undertake the project. TPGC president Francisco Viray said the wind power project is part of the
expansion of the group in Guimaras.
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April 7, 2008
The Rudd Government's embrace of renewable
energy is expected to usher in a second wave of investment in wind power,
despite a two-year waiting list for turbines. Paul Curnow said the outlook was
"very good", with investors who had been lying in wait since 2004 now
ready to "bring all that potential to market".
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April 4, 2008
Antarctica's Scott Base pans to erect wind turbines to cut back on diesel-powered
generators and reduce greenhouse gas emissions. The wind turbines could save
380,000 litres of fuel a year at Scott Base and more than one million litres a
year at nearby United States
base McMurdo Station. They could power up to half the heat and light needs for
the 35 workers at Scott Base, and some of the energy needs for the 1200 at
McMurdo.
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Energy Bangla - Dhaka,Bangladesh
March 31, 2008
Every kilowatt hour of energy generated by the wind in Australia, is a
kilowatt hour NOT generated by other sources. The addition of wind generation
up to about 20% of the total generation has no need for additional back-up as
the National Electricity Market already has backup "spinning reserve"
to meet sudden increases in demand. This reserve is generally provided by hydro
and gas, which can be brought on-line much quicker than coal.
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ScienceAlert – Australia
March 20, 2008
While wind power is one of the most mature renewable energy
sources around, it’s also still one of the most variable, in terms of a 24/7
supply. An Australian-designed ‘super
battery’ may offer a solution. The Smart Storage battery unit uses technology
behind CSIRO’s patented UltraBattery, designed in 2003 for use in hybrid
electric cars. The UltraBattery
contains both a lead acid battery cell and a capacitor. While the battery cell
allows the unit to store a large amount of energy, the capacitor component
allows the unit to charge quickly, many times over, without affecting
performance.
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Electric Light & Power- Tulsa
February 18, 2008
Global wind power capacity that was newly installed in 2007
totaled 20,000 megawatts, an amount equivalent to capacity generated by 15
large-scale nuclear power plants, but Japan lags behind in the field. The
year's newly installed wind power in Japan,
meanwhile, came to 139 MWs, only one-38th of the U.S.
figure, a result underlining Japan's
slow progress in wind power development. Japan stood at 14th in the ranking
in terms of the yearly growth, says the Brussels-based Global Wind Energy
Council.
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Thaindian.com - Bangkok, Bangkok, Thailand
February 14, 2008
A record 20,000 MW of wind power were installed world-wide last year, with the
United States, Spain and China providing the biggest annual increases. World-wide
wind power installed capacity stands at a record ,94,112 MW. The top five
countries in terms of installed capacity are Germany (22.3 GW), the US (16.8
GW), Spain (15.1 GW), India (8 GW) and China (6.1 GW). In terms of economic value, the global wind market in 2007 was worth about 25bn
EUR or 36 billion US dollars in new generating equipment.
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The Age - Melbourne, Victoria, Australia
February 5, 2008
Pacific Hydro has signed a deal with India's largest wind
generator maker, Suzlon Energy, to equip the company's $140 million South
Australian wind farm. Suzlon Energy will provide 27 turbines that will produce
2.1 megawatts of electricity at Pacific Hydro's Clements Gap wind farm, towards
the north of Spencer Gulf. Pacific Hydro chief executive Rob Grant said
Australia should prepare for a renewable energy boom following the Federal
Government's promise to increase the mandatory renewable energy target to 20%
by 2020.
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The Age - Melbourne, Australia
January 22, 2008
Energy producer and retailer Origin Energy Ltd has partnered
with wind generation developers Epuron to develop 590 MWs of wind farm
projects. The first project will be the construction of the 30MW Cullerin Range
wind farm near Goulburn in NSW. Origin expects to start commissioning the wind
farm, which is close to electricity transmission infrastructure, next year. It
also has a `capacity factor' of 44 per cent, which means the wind blows 44 per
cent of the time in the area.
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Reuters UK
January 10, 2008
Goldman Sachs bought a stake in CS Wind Corp for $50.13
million, becoming the second-largest shareholder in the unlisted South Korean
energy equipment company. CS Wind, a
steel wind tower and wind tower component manufacturer, said it would use the
investment to further expand manufacturing capacity in China and Vietnam. CS Wind said it was Goldman's second wind
energy-related investment in South Korea after Pyeong San, a large forged metal
parts manufacturer for wind turbines, shipbuilding and chemical plants.
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Sydney Morning Herald - Sydney, Australia
January 2, 2008
A $200 million commitment from a large private institutional
investor will underpin the launch of Allco Finance Group's first global
infrastructure fund, which will house its share of recently acquired wind farm
and shipping assets. Allco GTI will own
a part-share of five wind farms in Germany and France that its sister
operation, Allco Wind Energy, acquired in March in its first move into the
European energy market. One of its three
other funds will be a "pure" energy.
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Bloomberg Business News
December 12, 2007
The U.S. is resisting calls from the European Union and
developing nations to commit to cutting greenhouse-gas emissions blamed for
global warming, threatening progress on a new accord to fight climate
change. 130 nations are meeting in
Indonesia this week to decide to write a successor to the Kyoto climate-change
treaty, which expires in 2012. The Bush administration says talks should begin
without a set emission target. Without U.S. support, the negotiations may not
be completed in time to replace the Kyoto treaty. The lack of an emission-cut target threatens
investment in power and carbon-trading markets, UN officials say.
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Reuters via Yahoo! Singapore News
December 6, 2007
Japan's Marubeni Corp will take a controlling stake in Oak
Creek Energy Systems Inc, a wind power developer in California, through a $21.5
million equity investment to tap into the fast-growing U.S. wind energy market. The overseas independent power-producing
business is one of the focus areas for Marubeni, Japan's fifth-biggest trading
house which currently has electric power generation capacity of a total 18.63
gigawatts in 20 nations. In countries keen to reduce emissions and dependency
on fossil fuels, wind technology is the place to invest, analysts say.
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Reuters via Yahoo! Singapore News
December 6, 2007
Japan's Marubeni Corp will take a controlling stake in Oak
Creek Energy Systems Inc, a wind power developer in California, through a $21.5
million equity investment to tap into the fast-growing U.S. wind energy market. The overseas independent power-producing
business is one of the focus areas for Marubeni, Japan's fifth-biggest trading
house which currently has electric power generation capacity of a total 18.63
gigawatts in 20 nations. In countries keen to reduce emissions and dependency
on fossil fuels, wind technology is the place to invest, analysts say.
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Melbourne Herald Sun - Australia
November 6, 2007
Australia's biggest electricity and gas
retailer AGL Energy plans to build a $166 million wind power project in South
Australia, taking advantage of measures to promote generation of renewable energy. The 71-megawatt project, to be AGL's second
in the Hallett region of SA, is due to start operating in November 2009. It will immediately add to earnings once it
starts up, AGL said. Suzlon Energy won
the contract to construct the Hallett Hill project, which will provide enough
power to fuel 40,000 homes, AGL said. Suzlon is also building AGL's first
project at Hallett, the Brown Hill farm.
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Sydney Morning Herald - New South Wales, Australia
November 5, 2007
In April last year the future of wind energy in Australia
was in doubt after the Coalition Government blocked a Victorian wind farm. The Labor Party made much mileage from the
drama but it refused to say how much renewable energy it would aim for if it
won government. Meanwhile, both parties continued to support the country's
dirtiest industry, assigning millions of dollars to an elusive technology they
said would clean the carbon out of coal. The renewable energy industry watched
in despair.
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Melbourne Herald Sun - Australia
October 31, 2007
A Petratherm hot rocks site could become viable as early as
late 2009 under the Opposition's requirement that electricity retailers buy 20
per cent of power from renewable resources by 2020. And Victoria's biggest wind farm operator,
Pacific Hydro, would be able to increase its energy output sixfold if the
policy comes into play in the event of a Labor Party election victory. Pacific Hydro, which has 100 megawatts of
installed generation, said the incentive would provide certainty for a further
600 megawatts of wind energy projects worth $1.5 billion over five years.
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Stuff.co.nz - Wellington, New Zealand
October 23, 2007
A New Zealand team investigating a windfarm to power Scott
Base in Antarctica has found the world's breeziest continent is an easier place
to build a turbine than Wellington. A
team from Meridian Energy is due to fly south today to conduct feasibility
tests around Scott Base, which three years ago was hit by a storm with wind
gusts that exceeded 200km/h, and which destroyed the base's wind vane. Antarctica New Zealand's Antarctic said if the
windfarm goes ahead, it would also help power the neighbouring United States
base, McMurdo Station.
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