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Thu04242014

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Clean energy fund for Southeast Asia garners $164 million

Around $164 million in capital commitments is available for renewable energy projects in Southeast Asia. Armstrong Asset Management has announced that they have been successful in garnering support from investors for their first clean energy fund. The fund will focus on the development and construction of small-scale clean energy infrastructure projects in the emerging market of Southeast...

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Toyota plans widespread deployment of E.V., P.H.V. chargers in Japan

Toyota Motor Corporation is planning to carry out tests which will assess the practicality of widespread deployment of chargers for electric vehicles and plug-in hybrid vehicles across Japan. The tests, which will look at the need for more chargers, will be carried out in Aichi Prefecture, Japan, from November 15, 2013, to March 15, 2014. It will be conducted jointly with the local go...

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Chinese economy’s present and future analyzed at China NOW Summit

LOS ANGELES — Executives and scholars from the People’s Republic of China and other countries discussed the importance of investing in the booming Chinese economy immediately at the first annual China NOW Summit on October 3, 2013. 500 people, including Chinese nationals who conduct business and study in California, participated in the day-long. event at the Hyatt Regency Century Plaza which was organized by Shanghai-head...

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Alstom to equip 850 MW-hydropower plant in India

Indian conglomerate GVK Power and Infrastructure Ltd. has awarded Alstom a contract worth around $135 million to equip the 850 megawatt-Ratle hydropower plant with turbines. Under the contract, Alstom will supply the hydropower plant with four Francis turbines that are rated at 205 MW each, and one Francis turbine rated at 30 MW. The contract is slated to begin in the second quarter of the cur...

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Diplomats discuss investment in Saudi Arabia’s economy at USC

LOS ANGELES — Diplomats based in the Kingdom of Saudi Arabia shared news about the country's latest societal and economic developments at the University of Southern (USC) Davidson Conference Center on September 16, 2013. Invitees of Dr. John Odell, Professor of International Relations at the USC Dana and David Dornsife College of Letters, Arts and Sciences, discussed what they’ve learned about Saudi business opportunities...

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Concord Energy, Cool Planet to bring biofuel to Asian Pacific market

Singapore’s Concord Energy has signed an agreement with biorefinery developer Cool Planet Energy Systems to establish a joint venture in the Asia Pacific Region for the development of biofuel facilities. Concord Energy is a leading crude oil and refined petroleum product trading company. They have made a financial investment in Cool Planet, which develops and deploys small-scale biorefineries...

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Japanese and American academics discuss Asian environmentalism

LOS ANGELES — Scholars from Japan and the United States analyzed the history of Asian Buddhist environmental advocacy at the University of Southern California East Asian Library on September 6, 2013. The 2013 Joint Symposium on Buddhist Environmentalism was co-sponsored by the Institute of Oriental Philosophy (IOP), the Asia Society Southern California and USC Center for Japanese Religions and...

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Japan to promote renewable energy through Next-Generation Energy Parks

Japan’s Ministry of Economy, Trade and Industry has authorized eight new plans for Next-Generation Energy Parks which will be used to promote renewable energy in the country. The eight newly approved plans for building Next-Generation Energy Parks are in line with Japan’s goal of developing public understanding and awareness of future energy use that is in harmony with the glo...

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Alstom completes largest hydropower industrial site in China

French conglomerate Alstom has just completed its largest hydropower industrial site in Tianjin, China, allowing the conglomerate to answer not only hydropower needs of the country but also of the Asian region.The facility, which was just inaugurated, represents a $133 million investment from Alstom. Spanning over 250,000 square meters, the facility houses around 2,000 Alstom employees in...

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Yingli supplies S.G.C.C. with 28 MW-worth of PV modules

Yingli Green Energy will be supplying 28 megawatts-worth of multicrystalline photovoltaic modules to one of the State Grid Corporation of China's solar projects. The 28 MW-worth of PV modules will be used to power the largest of the three solar projects that the S.G.C.C. is developing in Zhangbei County, Hebei Province. The PV modules are expected to be delivered in the fourth quarter of this year...

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