KUCHING: The Bakun hydro dam, which is expected to produce its first 300MW in three months, will become a joint venture between the Federal and Sarawak governments, said Chief Minister Tan Sri Abdul Taib Mahmud.
He did not, however, reveal what would be Sarawak government's stake in the dam, which could produce up to 2,400MW when fully operational.
The dam is now owned by the Federal Government through Finance Minister Inc.
The Sarawak government has offered to take over the dam's ownership for RM7bil after the Federal Government agreed to sell it last year as the plan to transmit the electricity to the peninsula via underwater submarine cables was scrapped.
From left: Tan Sri Abdul Taib Mahmud, Tokuyama vice-president Toshiki Nakamura, Press Metal chairman Datuk Paul Koon, State Planning Unit director Datuk Ismawi Ismuni and State Secretary Datuk Amar Mohammad Morshidi Abdul Ghani after the signing.
“The Prime Minister has assured me and the state government that all the Bakun power will be given to industries in Sarawak,'' Taib said at the signing of power purchase agreement (PPA) term sheet between state-owned Sarawak Energy Bhd (SEB) and four major investors in energy-intensive industries in Samalaju Industrial Park in Sarawak Corridor of Renewable Energy (Score) here yesterday.
The four investors were Press Metal Bhd, Japan's Tokuyama Corp, Hong Kong-based Asia Minerals Ltd and Singapore's OM Materials, which is listed on the Australian Stock Exchange.
Press Metal will set up a new aluminium smelter while Asia Minerals and OM Materials will each invest in a manganese smelter. Tokuyama's plant will produce polycrystalline silicon for solar panels.
Taib said the 944MW Murum dam project, now under development by SEB, would be operational in 2014, and that more dams would be built.
“For the (proposed) Baram and Pelagus dam projects, all the technical studies have been done. The Baram dam project will be a joint venture with Brunei.
“We (Sarawak) will have 6,000MW to 7,000MW (hydro power) by 2020,” he added.
The proposed Baram dam in northern Sarawak is expected to generate about 1,000MW while the Pelagus dam in the upper reaches of the Rejang River basin, where the Bakun and Murum dams are located, will generate about 900MW.
SEB, which has plans to develop several smaller dams, will export electricity to Brunei and Sabah.
Taib said the state had some 500,000 coal resources which could be exploited to produce electricity.
http://biz.thestar.com.my/news/story.asp?file=/2011/4/13/business/8468803&sec=business#13026663224311&if_height=628
Wednesday, April 13, 2011
Tuesday, April 12, 2011
Google invests US$168M in solar energy project
SAN FRANCISCO: Google is investing US$168 million in an alternative power project that aims to produce enough solar energy to light 140,000 homes.
The commitment announced Monday is part of the financing that BrightSource Energy needs to build a solar power plant in California's Mojave Desert. BrightSource also has lined up $1.6 billion in loans guaranteed by the U.S. Department of Energy and a $300 million investment from NRG Energy Inc.
Google Inc. has been dipping into its bank account to back various projects that promise to generate energy from other sources besides oil and coal. The company has emerged as a major consumer of electricity as it opens huge data centers to house the computers that run its Internet search engine, e-mail and other online services. - AP
Latest business news from AP-Wire
http://biz.thestar.com.my/news/story.asp?file=/2011/4/12/business/20110412083645&sec=business#13025976452401&if_height=556
The commitment announced Monday is part of the financing that BrightSource Energy needs to build a solar power plant in California's Mojave Desert. BrightSource also has lined up $1.6 billion in loans guaranteed by the U.S. Department of Energy and a $300 million investment from NRG Energy Inc.
Google Inc. has been dipping into its bank account to back various projects that promise to generate energy from other sources besides oil and coal. The company has emerged as a major consumer of electricity as it opens huge data centers to house the computers that run its Internet search engine, e-mail and other online services. - AP
Latest business news from AP-Wire
http://biz.thestar.com.my/news/story.asp?file=/2011/4/12/business/20110412083645&sec=business#13025976452401&if_height=556
Sunday, April 10, 2011
Higher income for home solar energy
PETALING JAYA: Residential homes which produce solar energy under the Renewable Energy (RE) Act 2010 will be paid more than industrial producers but the cost of setting up solar panels in homes will be higher due to the lack of economies of scale.
Under the RE Act 2010, a small-scale solar photovoltaic (PV) producer, meaning a household, could potentially earn up to RM1.75 per kWh of electricity produced by selling the power to Tenaga Nasional Bhd (TNB).
Consumers who installed capacity up to and including 4 kWp (kilowatt peak) would be paid a feed-in-tariff (FiT) of RM1.23 per kWh, said Energy, Green Technology and Water Ministry's RE/Malaysia Building Integrated Photovoltaic Technology Application (MBIPV) national project team leader and chief technical adviser Ahmad Hadri Haris.
Ahmad Hadri Haris says the responses received from the industry so far have been very good.
“However, with the bonus criteria such as installation of solar PV in buildings or building structures, they will be paid an additional 26 sen on top of the RM1.23 per kWh,” he told StarBizWeek.
Consumers who installed solar PV for use as building materials will get an additional 25 sen and they will also get another three sen for using locally manufactured or assembled solar photovoltaic modules.
Meanwhile, for producers generating above 4 kWp of solar PV electricity, and up to and including 24 kWp, will be paid RM1.20.
A solar farm producing capacity above 1 MWp, and up to and including 10 MWp, will be paid 95 sen only.
Ahmad said the lower FiT for large-scale producers was due to the “economies of scale” they received, given their bigger production compared with that from those singular solar panels from a normal household.
“We make it fair for all to make equal returns and give opportunities for all to participate in this scheme. The FiT varies depending on the production capacity,” he said.
Ahmad said the cost to produce a 1KW of solar electricity would be about RM15,000 but 1MW might only cost RM10mil instead of RM15mil due to economies of scale.
“We recognise the higher set-up cost for smaller producers, thus we give a higher FiT to enable them to recover and earn some money,” he said.
Some are saying that the FiT is not commercially viable for people to start investing in solar PV.
“Nothing is perfect but it is a good start. The responses that we received from the industry so far are very good,” Ahmad said.
He said all solar PV producers would be guaranteed an income for up to 21 years from the date of signing the agreement.
“Consumers producing 4KW of electricity at home will be earning more than RM400 a month. It will be a secondary income generator,” Ahmad said, adding that the current practice was “net metering” for electricity generated from solar PV, whereby TNB would deduct the production from consumers' consumption on a contra basis.
Ahmad said there was also an initial annual degression rate of 8%, and technology would become cheaper progressively.
source: http://biz.thestar.com.my/news/story.asp?file=/2011/4/9/business/8439512&sec=business#13024074060781&if_height=736
Under the RE Act 2010, a small-scale solar photovoltaic (PV) producer, meaning a household, could potentially earn up to RM1.75 per kWh of electricity produced by selling the power to Tenaga Nasional Bhd (TNB).
Consumers who installed capacity up to and including 4 kWp (kilowatt peak) would be paid a feed-in-tariff (FiT) of RM1.23 per kWh, said Energy, Green Technology and Water Ministry's RE/Malaysia Building Integrated Photovoltaic Technology Application (MBIPV) national project team leader and chief technical adviser Ahmad Hadri Haris.
Ahmad Hadri Haris says the responses received from the industry so far have been very good.
“However, with the bonus criteria such as installation of solar PV in buildings or building structures, they will be paid an additional 26 sen on top of the RM1.23 per kWh,” he told StarBizWeek.
Consumers who installed solar PV for use as building materials will get an additional 25 sen and they will also get another three sen for using locally manufactured or assembled solar photovoltaic modules.
Meanwhile, for producers generating above 4 kWp of solar PV electricity, and up to and including 24 kWp, will be paid RM1.20.
A solar farm producing capacity above 1 MWp, and up to and including 10 MWp, will be paid 95 sen only.
Ahmad said the lower FiT for large-scale producers was due to the “economies of scale” they received, given their bigger production compared with that from those singular solar panels from a normal household.
“We make it fair for all to make equal returns and give opportunities for all to participate in this scheme. The FiT varies depending on the production capacity,” he said.
Ahmad said the cost to produce a 1KW of solar electricity would be about RM15,000 but 1MW might only cost RM10mil instead of RM15mil due to economies of scale.
“We recognise the higher set-up cost for smaller producers, thus we give a higher FiT to enable them to recover and earn some money,” he said.
Some are saying that the FiT is not commercially viable for people to start investing in solar PV.
“Nothing is perfect but it is a good start. The responses that we received from the industry so far are very good,” Ahmad said.
He said all solar PV producers would be guaranteed an income for up to 21 years from the date of signing the agreement.
“Consumers producing 4KW of electricity at home will be earning more than RM400 a month. It will be a secondary income generator,” Ahmad said, adding that the current practice was “net metering” for electricity generated from solar PV, whereby TNB would deduct the production from consumers' consumption on a contra basis.
Ahmad said there was also an initial annual degression rate of 8%, and technology would become cheaper progressively.
source: http://biz.thestar.com.my/news/story.asp?file=/2011/4/9/business/8439512&sec=business#13024074060781&if_height=736
Saturday, April 9, 2011
Green School in Bali, Indonesia
Welcome to the green school in Bali, Indonesia. It provides its students with an education about the amazing environment that we live in. It is a holistic and relevant education. During the construction, only bamboo, elephant grass and clay were used. Cement was used just in some places in the foundation. The central and the most important building is the "heart of the school." It is perhaps the largest building in the world built entirely from bamboo. Its dimensions are 18 meters high and 64 meters long. General area of the school includes a variety of structures: apartment buildings, classrooms, office building, and cafes. The school gets electricity from environmentally friendly sources of energy: hydraulic turbine generators and installed solar panels. It seems that considering the way we are polluting the earth, everyone should attend.
source : http://www.greenschool.org/
Thursday, April 7, 2011
Renewable energy stocks perk up
The rally of renewable energy stocks on Bursa Malaysia could last a couple of days, says a head of research
Kuala Lumpur: Renewable energy (RE) stocks were actively traded for the second day running, triggered by the passing of the RE Act 2010 on Monday by the Dewan Rakyat.
"Passing of the Act is a major boost to RE companies," said Edmund Tham, Mercury Securities head of research.
The rally could last a couple of days, he added.
Tham said KUB Bhd, which has an energy unit, and Fitters Diversified Bhd might be the traders' pick if the rally were to pick up momentum.
"KUB is also an election play stock, but trading momentum on Fitters is picking up steam," Tham said.
Fitters was among the most actively-traded shares in the market and off the market.
The stock closed 3 sen at 98 sen a share, while the warrants closed at 51.5 sen, up by 10 sen.
There were also some 15 million Fitters warrants, representing more that 20 per cent of the total warrants in the market, being traded off-market at 42 sen apiece.
On Monday, the Dewan Rakyat approved the RE Bill, which will now have to get the approval from the Dewan Negara before it becomes a law.
Late last month, Cypark Resources Bhd group chief executive officer Daud Ahmad told Business Times once the RE Act becomes a law, it will mean higher feed tariff for companies supplying RE to Tenaga Nasional Bhd.
This is because the national utility will have to pay 95 sen per kilowatt hour (KWh) for solar power energy from 21 sen per KWh currently.
Cypark is the country's largest publicly-traded RE company.
Its shares have gone up by over 200 per cent in six months. The stock closed at RM3.17 yesterday.
"Cypark has done tremendously well," said Pong Teng Siew, Jupiter Securities head of research.
According to Pong, the volume in Cypark is better than the daily average volume of some blue-chip companies.
Pong said some ethical funds might be taking positions in RE companies but in the longer term, if these companies can produce the financial results to back up the viability of RE as a commercial source of energy, broader-based funds and investors might join in the fray.
Read more: Renewable energy stocks perk up http://www.btimes.com.my/Current_News/BTIMES/articles/rex/Article/index_html#ixzz1InmLCjdN
Kuala Lumpur: Renewable energy (RE) stocks were actively traded for the second day running, triggered by the passing of the RE Act 2010 on Monday by the Dewan Rakyat.
"Passing of the Act is a major boost to RE companies," said Edmund Tham, Mercury Securities head of research.
The rally could last a couple of days, he added.
Tham said KUB Bhd, which has an energy unit, and Fitters Diversified Bhd might be the traders' pick if the rally were to pick up momentum.
"KUB is also an election play stock, but trading momentum on Fitters is picking up steam," Tham said.
Fitters was among the most actively-traded shares in the market and off the market.
The stock closed 3 sen at 98 sen a share, while the warrants closed at 51.5 sen, up by 10 sen.
There were also some 15 million Fitters warrants, representing more that 20 per cent of the total warrants in the market, being traded off-market at 42 sen apiece.
On Monday, the Dewan Rakyat approved the RE Bill, which will now have to get the approval from the Dewan Negara before it becomes a law.
Late last month, Cypark Resources Bhd group chief executive officer Daud Ahmad told Business Times once the RE Act becomes a law, it will mean higher feed tariff for companies supplying RE to Tenaga Nasional Bhd.
This is because the national utility will have to pay 95 sen per kilowatt hour (KWh) for solar power energy from 21 sen per KWh currently.
Cypark is the country's largest publicly-traded RE company.
Its shares have gone up by over 200 per cent in six months. The stock closed at RM3.17 yesterday.
"Cypark has done tremendously well," said Pong Teng Siew, Jupiter Securities head of research.
According to Pong, the volume in Cypark is better than the daily average volume of some blue-chip companies.
Pong said some ethical funds might be taking positions in RE companies but in the longer term, if these companies can produce the financial results to back up the viability of RE as a commercial source of energy, broader-based funds and investors might join in the fray.
Read more: Renewable energy stocks perk up http://www.btimes.com.my/Current_News/BTIMES/articles/rex/Article/index_html#ixzz1InmLCjdN
Tuesday, April 5, 2011
Renewable energy bill passed
KUALA LUMPUR: Parliament Monday passed the Renewable Energy Act 2010 bill which is aimed at developing renewable energy in a more aggressive manner.
Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui said under the bill, the Government proposed to implement the feed-in tariff system which was deemed suitable for the country.
"We've studied similar mechanisms in other countries and made comparisons with the ones adopted in developed countries. And we feel that the feed-in tariff system is good and suitable for our country," he said when winding-up debate on the bill here.
When tabling the bill in December last year, Chin's deputy Noriah Kasnon said the Government aimed to have 2,080MW in renewable energy capacity by 2020.
Under the bill, the Government would offer competitive rates to buy power generated by individuals and companies in efforts to encourage them to invest in renewable energy projects. - Bernama
http://thestar.com.my/news/story.asp?file=/2011/4/4/nation/20110404212147&sec=nation
Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui said under the bill, the Government proposed to implement the feed-in tariff system which was deemed suitable for the country.
"We've studied similar mechanisms in other countries and made comparisons with the ones adopted in developed countries. And we feel that the feed-in tariff system is good and suitable for our country," he said when winding-up debate on the bill here.
When tabling the bill in December last year, Chin's deputy Noriah Kasnon said the Government aimed to have 2,080MW in renewable energy capacity by 2020.
Under the bill, the Government would offer competitive rates to buy power generated by individuals and companies in efforts to encourage them to invest in renewable energy projects. - Bernama
http://thestar.com.my/news/story.asp?file=/2011/4/4/nation/20110404212147&sec=nation
三读通过再生能源法案
（吉隆坡4日讯）国会下议院今日三读通过2010年再生能源法案，预料将在今年6月或7月正式生效。
上述法案制定政府电力收购制（Feed-In Tariff，FIT），将再生能源生产者所生产的再生能源，衔接至电力供应线，并由电力分销商优先采购再生能源，法案于去年12月在下议院进行一读。
能源、绿色科技及水务部长拿督斯里陈华贵今日在国会针对法案进行部门总结后，在国会下议院副议长拿督罗南建迪主持下，三读通过2010年再生能源法案。
source: http://beta.nanyang.com/NewsCenter/articleDetail.asp?type=N&ID=235848&SID=7&CID=10
上述法案制定政府电力收购制（Feed-In Tariff，FIT），将再生能源生产者所生产的再生能源，衔接至电力供应线，并由电力分销商优先采购再生能源，法案于去年12月在下议院进行一读。
能源、绿色科技及水务部长拿督斯里陈华贵今日在国会针对法案进行部门总结后，在国会下议院副议长拿督罗南建迪主持下，三读通过2010年再生能源法案。
source: http://beta.nanyang.com/NewsCenter/articleDetail.asp?type=N&ID=235848&SID=7&CID=10
How to save energy bill: Induction Lamp
Induction lamp designed for long performance life span. It lasts about 100,000 hours with better lumen/watt.
Pls refer to the table of comparison between induction , high pressure sodium, metal halide, compact fluorescent, linear fluorescent and incandescent.
Monday, April 4, 2011
Sime Darby, Tenaga and Mitsui & Co collaborates in potential biogas projects
KUALA LUMPUR: Sime Darby PLANTATION [] Sdn Bhd, TENAGA NASIONAL BHD [] (Tenaga) and Mitsui & Co Ltd have signed a Memorandum of Understanding to study the feasibility of potential biogas projects at palm oil mills owned by Sime Darby Plantation.
The joint feasibility study will scrutinise in detail the technical feasibility, financial viability and preliminary development works for implementation of potential biogas power generation projects.
Sime Darby Plantation Executive Vice President Franki Anthony Dass said the feasibility study would begin with eight palm oil mills, which has the capacity to generate between 1.3Mw and 1.5Mw daily.
"We will extend the biogas production for power generation in other mills after the two-year feasibility study is done," he told the media at a press conference after signing the MoU on Monday, April 4.
Sime Darby Plantation has 62 palm oil mills, out of which 40 are in Malaysia while 22 are in Indonesia.
Dass said Sime Darby would also seek approval from Indonesian authorities to enable the mills to generate power from biogas in the future.
http://www.theedgemalaysia.com/business/184476-flash-sime-darby-tenaga-and-mitsui-a-co-collaborates-in-potential-biogas-projects.html
The joint feasibility study will scrutinise in detail the technical feasibility, financial viability and preliminary development works for implementation of potential biogas power generation projects.
Sime Darby Plantation Executive Vice President Franki Anthony Dass said the feasibility study would begin with eight palm oil mills, which has the capacity to generate between 1.3Mw and 1.5Mw daily.
"We will extend the biogas production for power generation in other mills after the two-year feasibility study is done," he told the media at a press conference after signing the MoU on Monday, April 4.
Sime Darby Plantation has 62 palm oil mills, out of which 40 are in Malaysia while 22 are in Indonesia.
Dass said Sime Darby would also seek approval from Indonesian authorities to enable the mills to generate power from biogas in the future.
http://www.theedgemalaysia.com/business/184476-flash-sime-darby-tenaga-and-mitsui-a-co-collaborates-in-potential-biogas-projects.html
Saturday, April 2, 2011
RON97 petrol will rise to RM2.70
The price of RON97 petrol will go up by 20 sen to RM2.70 per litre effective midnight tonight, according to the Petroleum Dealers Association of Malaysia (PDAM).
PDAM deputy president Datuk Zulkifli Mokti said the increase was due to the rise in the price of crude oil to US$114 per drum this week from US$105.
"This is due to the crisis in the Middle East," he said when contacted by Bernama tonight.
Zulkifli said the price was likely to increase in the future due to the situation in the Middle East which he added could prolong.
On Jan 31, the price of RON97, which was floated according to the prevailing oil market price, rose by 10 sen to RM2.50 per litre.
RON95 petrol remains at RM1.90 per litre. -- Bernama
Read more: RON97 petrol will rise to RM2.70 http://www.btimes.com.my/Current_News/BTIMES/articles/20110401205521/Article/index_html#ixzz1IK3vvVoY
PDAM deputy president Datuk Zulkifli Mokti said the increase was due to the rise in the price of crude oil to US$114 per drum this week from US$105.
"This is due to the crisis in the Middle East," he said when contacted by Bernama tonight.
Zulkifli said the price was likely to increase in the future due to the situation in the Middle East which he added could prolong.
On Jan 31, the price of RON97, which was floated according to the prevailing oil market price, rose by 10 sen to RM2.50 per litre.
RON95 petrol remains at RM1.90 per litre. -- Bernama
Read more: RON97 petrol will rise to RM2.70 http://www.btimes.com.my/Current_News/BTIMES/articles/20110401205521/Article/index_html#ixzz1IK3vvVoY
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