Asia Pacific
What technology is shaping the solar markets?
The Global Energy Infrastructure solar database is dominated by two types of technology: Concentrated Solar Power (CSP) and Photovoltaic (PV).
Solar Philippines Biga Corporation two gigawatts solar plant
Solar Philippines Biga Corporation is planning to build a large 2 gigawatts solar plant in Nasugbu, Batangas, 115 kilometres south west of Metro Manila, Philippines. It is planning to combine the solar plant with a 6 gigawatts battery energy storage system and 600 megawatts diesel backup
350 MW PV Plant with Sungrow Inverter Solution Comes Online in Vietnam
Sungrow, the global leading inverter solution supplier for renewables, announced the commercial operation of a 350 MW solar farm - the largest solar plant in Southeast Asia, with the Company’s 1500V 6.25 MW turnkey inverter solution in Vietnam’s Loc Ninh County, Binh Phuoc Province, boosting the national development towards sustainable and decarbonized economic growth
Shell's outlook on LNG's future
Global LNG trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook, despite the unprecedented volatility caused by the Covid-19 pandemic.
Integrated Complex for Indonesia Picks Up New Contract with Shell
Pertamina and Rosneft joint venture, PT Pertamina Rosneft Pengolahan dan Petrokimia (PT PRPP), has reportedly let a contract to Royal Dutch Shell’s Shell Catalysts & Technologies to cover technology licensing and basic engineering services in late February. This work is intended for PT PRPP’s upcoming integrated refinery and petrochemical complex to be placed in Tuban, Indonesia.
Northland Power investing heavily
Northland Power could invest C$20 billion in offshore wind in the next five years. As part of this it also aims to increase its position and footprint in Asia. Current development activities are focused on the giant Hai Long project in the Taiwan Strait, 50-70km off Changhua county. Construction is..
New Zealand Could Lose its Final Refinery
Refining NZ of New Zealand was recently reported in saying that its Marsden Point Refinery in Northland is under consideration for conversion into an import terminal by 2022. This would leave the country with no known refining capacity.
Exxon Expected to Close its Altona Refinery in Australia
Exxon Mobil announced on February 9th that it plans to shut in production at its long-running Altona refinery in Victoria. This decision comes as the country’s refiners continue to deal with low demand.
India's giant offshore addition
Hoegh LNG has completed and signed all documentation for its 10-year charter with H-Energy. Following a binding commitment signed in November 2020, Hoegh LNG has selected the 170,000cm Hoegh Giant to serve as the FSRU at the Jaigarh port in Maharashtra, on India’s west coast. The 4.0m t/y Jaigarh [..
Chevron Lummus Global Awarded Contract for NRL Expansion Project
Scope includes technology license, basic engineering services, proprietary equipment and catalyst supply, training and technical services Award highlights the third licensed unit in India employing CLG's LC-FINING platform Plant to upgrade vacuum residue and clarified oil from existing and new units
Australia – Time to think big
The thought of powering large cities using renewable energy is not new.
LyondellBasell and Sinopec Finalize JV for PO/SM Plant in China
LyondellBasell announced on the 26th of January that it has signed an agreement with Sinopec of China for the formation of a 50:50 joint venture for the specific purpose of installing a propylene oxide (PO) and styrene monomer (SM) project in China's domestic market. Plans for this operation actually began back in late 2019.
Data is king, integration is queen
Harnessing the power of data science and real-time intelligence offers a powerful single view of the market Few people know that data intelligence firm Kpler’s journey actually started in 2014, when the founders were told by an LNG trader: “I receive many proposals for ship-tracking software, but I don’t care about the ships. I care about cargoes into them, their volumes and the commercial information related to them”.
BPCL Places Polyol Plant in Kochi on Hold
According to recent reports, Bharat Petroleum Corporation Ltd (BPCL) has placed a planned polyol production plant on hold at the Kochi facilities in Kerala. The company has been undergoing a privatization process and has ceased progress on this plan until it is settled.
Refinery Closures Continue as Imports Grow in Australia
BP’s Kwinana oil refinery, the largest in Australia with a capacity for 146,000 barrels per day, is expected to shut in its production this year, resulting in a reduction of over one-fifth of the country’s fuel production ability. Once production is shut in, BP plans to convert the facility into an import terminal for a country growing increasingly reliant upon imported fuel.
Total announces the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group
Total announces the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group. The transaction marks the deepening partnership between the Adani Group – India’s leading infrastructure platform - and Total, in the transition and green energy fields in India. The investment in AGEL is another step in the strategic alliance between Adani Group and Total, which covers investments in LNG terminals, gas utility business, and renewable assets across India. This is in line with the commitment of both Adani and Total to be leading participants in the sustainable economy of the future and help India in its quest for development of renewable energy.
Prelude FLNG finally returns
LNG cargoes have resumed from Shell’s floating LNG (FLNG) facility, offshore Western Australia.
UAE Energy Minister believes oil demand could recover by the end of 2021
According to recent reports, United Arab Emirates Energy Minister Suhail al-Mazrouei has commented on a potentially updated timeline for a return to form for global oil demand. He believes that global demand will make a somewhat optimistic return to pre-pandemic level by the end of 2021 or early 2022.
Wood secures $120 million contract for ethylene expansion in China
Wood has secured a contract valued at over $120 million with Sinopec Hainan Refining and Chemical Limited Company (Sinopec) to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade Zone (FTZ) in South China.
LONGi supplies 70 MW modules to the largest floating PV plant cluster in Vietnam
In a significant development marking the end of 2020, two large-scale floating solar projects in Vietnam were commissioned in December. They were the 35 MWp Ho Tam Bo floating solar power plant and the 35 MWp Ho Gia Hoet 1 floating PV plant. The two projects have been set up on Gia Hoet 1 and Tam Bo irrigation lakes, in Quang Thanh commune, Chau Duc district.
Refinery shutdowns continue, likely more in 2021
As the coronavirus pandemic decimated global demand in 2020, refineries around the world reacted immediately with a variety of methods to survive. Temporary shut ins, cold circulation, conversion to renewable production, and outright refinery closures all became commonplace as responses to the pandemic effect.
Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant
Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project.
Petron Expected to Close Bataan Refinery Next Month
Petron of the Philippines recently announced that it is planning to temporarily shut in its long running 180,000 barrel per day Bataan refinery in January. The company cited weak margins as the primary reason, but did not give a restart date.
China Could Surpass U.S. as Top Refiner Next Year
According to the International Energy Agency, China is expected to overtake the United States as the largest refinery in the world as early as 2021. Asian economies have been rebounding from the effects of the coronavirus pandemic, and China is adding capacity as demand is building in that region.
Vietnam see steady solar growth
An 8 percent per year electricity demand growth is expected in Vietnam and power consumption is said to rise from 275 terrawatt hours (TWh) this year to around 630 TWh in 2030, as a result the country has already invested heavily in 18GW of coal-fired power projects, these slated to been in place by the middle of the decade. Despite this the country has turned to its abundant natural resources of hydro, wind, and solar potential to fill additional demand.
Developing India's wind potential
The Global Wind Energy Council (GWEC) announced that it will launch GWEC India to help develop India’s vast wind power potential and support green recovery. India is the world’s fourth largest onshore wind market, after China, US and Germany, with nearly 38GW of installed capacity according to Inte..
Petronas steps up investments in hydrogen as part of carbon-free energy goals
Malaysia’s state energy firm Petronas said it is stepping up investments in hydrogen as part of a global push to produce carbon-free energy, even as the firm expands its portfolio in LNG and renewable energy.
Fortescue, Origin assess green ammonia, hydrogen plants in Australia's Tasmania
Fortescue Metals Group and Origin Energy Ltd announced separate plans to assess building ammonia export plants in the Australian island state of Tasmania, as both seek to tap opportunities in renewable energy.
Support for wind's growth
The International Energy Agency (IEA) report, Renewables 2020 released on 10 November 2020, proclaims that renewable power is defying the Covid crisis with record growth this year and next. It goes on to say that renewables will account for almost 90% of the increase in total power capacity worldwide in 2020 and will accelerate in 2021 to their fastest growth in the last six years. Wind and solar additions are set to jump by 30% in both the United States and China as developers rush to take advantage of expiring incentives.
Destination China for Australia
Australia remains far and away the largest LNG exporter to China, accounting for 40% of Chinese imports in September 2020, four times the imports from the next highest suppliers, Qatar, Indonesia and Malaysia. Increased custom’s authority restrictions so far don’t appear to have affected Australian exports of LNG to China, despite other products being so. An estimated 23.5 million tonnes has already been delivered this year, much in keeping with last year’s volume.
