Industry: Renewable power

The Wall Street Journal published today a good review of geothermal energy, which, “spurred by new technology and government funds, is enjoying a resurgence.” – Uday Turaga

COAL Sinopec to build coal-based MTO project in China China Petroleum and Chemical Corporation (Sinopec), the second largest oil and natural gas producer in China entered an agreement with the government of Hebi city in China’s central Henan province to jointly develop a 1.8 million ton per year coal-based methanol to olefin (MTO) project. Sinopec […]

Despite the cost, altering China’s energy mix is feasible due to its adaptable infrastructure and directed investment capacity, enabling a shift to renewables for rising demand. Ongoing green investments and emissions reduction efforts reflect this strategy and address global climate concerns.

If China is the “green giant,” how far behind can India be?  A recent story documents how companies are trying to develop technologies, plants, and businesses that convert rice husk into power, recycle electronic waste, commission green data centers, consolidate wind and solar power, and mass produce electric cars. Unlike China, where its government is […]

Why solar panel factories are all abroad.

Executing on a strategic decision to focus on the U.S. onshore wind energy market, BP has been exiting from other countries. This shift signifies their emphasis on developing onshore wind energy projects within the U.S. It just sold 100 MW of wind energy capacity in India to Green Infra Limited, an independent power producer backed […]

While solar energy’s growth pangs continue to challenge industry leaders, First Solar, the Arizona-based world’s largest maker of solar cells, breaks into the difficult Chinese market with a $5-6-billion deal to build a two gigawatt plant. Meanwhile, a stock analyst downgrades the company’s stock from “hold” to “sell” and halves the target price.  Why?  In […]

Chemical companies announce price increases to combat energy costs Several companies such as Dow Chemical, Rohm & Haas, and Huntsman, announced their plans to increase prices for all their products. Dow Chemical Company announced that on June 1 it will raise the price of all of its products by up to 20 percent – depending […]

My Turn – Dr. Balaji B. Singh – Three Potential Disruptive Scenarios for the U.S Energy Picture Beyond Year 2010 Comments: Based on a strategic study of the Global Energy picture future direction, three major scenarios were identified as Low Probability – High Consequence Events that could disrupt the U.S Energy Picture. Organizations planning on […]