China and India agreed to join forces on clean technologies at the global level during a high level meeting in New Delhi last week, according to The Climate Group.
As China’s economy has slowed, worries have lingered over whether the country would sacrifice its commitment to reduce emissions in favor of seeking steady growth.
The United States is to invest USD6 billion to grow sustainable energy in the Asia-Pacific region in an agreement with Brunei and Indonesia. However the deal will be a boon primarily for US companies.
Delhi’s industries minister Haroon Yusuf on Monday said that the government is not interested in promoting industries that pose a threat to the city’s environment and its people, according to the Deccan Herald
CLP Power Hong Kong has selected US-companies Itron and Cisco for a pilot smart metering project. Due to start next year, the pilot project will include around 3,000 residential customers living in both private and public housing and around 1,400 small to medium-sized enterprise (SME) customers with the company hoping to boost its green credentials.
China's largest energy conservation company has signed agreements with China National Petroleum Corporation (CNPC) and GE Oil & Gas to recycle waste heat created by the country's longest gas pipeline project, according to a statement co-released by the three companies.
A senior delegation from the Chinese state-owned Ocean University has signed a Memorandum of Understanding (MOU) with Israel’s Eco Wave Power (EWP) to help pave the way for the introduction of wave power technology off China’s coast line.
The MOU between EWP and OUC is meant to lead to the implementation of Eco Wave Power's unique technology across a wide-range of wave-prone regions in China.
In its wide-ranging global energy report released last week, the International Energy Agency (IEA) warned that large-scale energy projects will be threatened by water shortages in the near future.
Terra Firma, one of Europe's leading private equity investment firms, will partner with China Development Bank (CDB) to set up a fund to invest in global renewable energy projects.
Australia’s Wasabi Energy Limited, an emerging power producer, has announced that it plans to establish a new subsidiary, Wasabi New Energy Asia (WNEA), to market its proprietary Kalina Cycle power technology throughout the Asian region.
The usual upbeat mood at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) has been overshadowed this week by the release Monday of the International Energy Agency's (IEA) World Energy Outlook which said that the US will overtake Saudi Arabia as the world's largest oil producer by 2020.
Mongolian President Tsakhia Elbegdorj said Monday that his country has rich renewable energy resources and would vigorously pursue development in this area, according to China’s official Xinhua News Agency.
The first megawatt-level tower-type solar-thermal power station in Asia has been built in northwest Beijing, chief of the program said on Monday, according to Xinhua.
Japan's Sumitomo Osaka Cement plans to meet 40 percent of its energy needs from alternatives within three years and 50 percent in the longer term. The cement industry is noted for high energy needs and fuel and electricity make up more than one third of cement’s costs.
A “greener” dual-fuel marine engine has been developed by Hyundai Heavy Industries. In an effort to meet proposed stricter environmental regulations, the world's biggest shipbuilder the new engine allows marine engines to selectively use both LNG and diesel for fuel depending on the requirement.
China's total power consumption is estimated to double by 2020, Liu Zhenya, general manager of the State Grid Corporation of China, the country's largest grid operator, was reported as predicting on Saturday.
India's regulatory authorities seem to be clamping down on non-compliance of renewable-energy quotas. According to Bloomberg, Reliance Industries and Tata Steel are among 50 companies who’ve been sent compliance letters by the Indian government.
An environmental and health crisis may be brewing in China as a massive 2008 government drive to encourage the purchase of energy-efficient light bulbs via subsidies is now beginning to have unintended consequences, according to a report by the Global Times.
The Warren Buffet-backed Chinese electric car manufacturer, BYD, is trying to lure Chinese taxi operators to its e6 model through a installment plan which would, theoretically, save them tens of thousands of dollars.
A private equity company says it is looking at green investment in the Asia's shipping industry.
Speaking at a recent Eco-Dollars Business Breakfast organized by Asia Shipping Media in Singapore, Vigor Capital director Jotdeep Singh said: “As an investor the first thing we look at is green, but of course we have to check it has to be financially viable. We look for ships that consume less fuel. Fuel is the main thing we look for. We are going to focus on the energy use of ships to begin with.”
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
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