Friday, October 30, 2020
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20.10.12~20.10.18 NASA Supercomputing Study Breaks Ground For Tree Mapping, Carbon Research

Scientists from NASA’s Goddard Space Flight Center in Greenbelt, Maryland, and international collaborators demonstrated a new method for mapping the location and size of trees growing outside of forests, discovering billions of trees in arid and semi-arid regions and laying the groundwork for more accurate global measurement of carbon storage on land. Using powerful...

Indonesia pushes palm oil firms to take legal action against the EU

Indonesia’s government said on Monday it will encourage the country’s palm oil companies to file lawsuits against the EU if the bloc goes ahead with a plan to phase out use of the commodity in renewable transport fuel. Indonesia, the world’s biggest palm oil producer, has strongly condemned the EU move to classify palm as a crop that causes deforestation...

Malaysian leader Mahathir Mohamad threatens to boycott EU fighter jets and buy from China instead due to palm oil restrictions

Malaysia may retaliate against a plan by the European Union to curb palm oil use, by purchasing new fighter jets from China instead of European arms companies, its leader said on Sunday. The Southeast Asian country is the world’s second-largest palm oil producer after neighbouring Indonesia, and recently threatened to challenge the bloc’s plan to phase out its use in...

ADB signs financing package to support combined-cycle power plant in Indonesia

The Asian Development Bank (ADB) today signed a private sector financing package to support the construction of a 275-megawatt combined-cycle gas turbine power plant in Riau province in central Sumatra, Indonesia, to help secure the country's energy future and provide communities with more affordable and reliable electricity. The financing consists of a $70 million A loan from ADB's ordinary capital...

ADB to Invest $50 Million in Avaada Energy Private Limited to Expand Renewable Energy Capacity in India

The Asian Development Bank (ADB) has signed an agreement to invest $50 million in Avaada Energy Private Limited (AEPL) to help the company rapidly scale up photovoltaic solar energy generation capacity in India.... An excerpt from ADB

2GW of solar PV projects to be tendered under Phase II of India’s CPSU programme

The Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for the setting up of 2,000MW of grid-connected solar photovoltaic (PV) power projects in India (Tranche I) under the second phase of the Central Public Sector Undertaking (CPSU) program, an announcement revealed. “For each project, the minimum project capacity shall be 10MW and the maximum capacity...

Exim Bank gives $83 million line of credit to Congo to finance 3 solar power projects

Exim Bank on March 19 said it has given a loan of $83.11 million to Congo to finance three solar power projects in the central African country. Export-Import Bank of India (Exim Bank) has, on behalf of the government, extended three lines of credit (LOC) aggregating $83.11 million to the government of Congo, ... An excerpt from Money Control

India’s Energy Storage Market Is Finally Starting to Grow

This month the Solar Energy Corporation of India (SECI) invited bids for 3.6 gigawatt-hours of storage connected to 1.2 gigawatts of solar on India’s interstate transmission system, the biggest battery solicitation seen in the country so far... An excerpt from GTM

Summit-GE consortium signs project agreements for the largest 583 MW CCPP in Bangladesh

" This upcoming SMIIPCL -- 583 MW combined cycle power plant (CCPP) in Meghnaghat, is expected to be operational by March 2022 at the lowest cost of BDT 2.176 per kWh at current gas prices. Summit awarded GE the EPC contract on turnkey basis as well as the maintenance and repair services for key power generation equipment at approximately USD...

Malaysian State to Launch Blockchain Solution to Track Agricultural Products, Says Official

The Malaysian state of Penang is considering the use of blockchain technology in food and agricultural products supply chains, local English-language newspaper The Star reports on March 1.... An excerpt from Cointelegraph

Indonesia reports reduced deforestation, triggering first carbon payment from Norway

Indonesia confirms that carbon emissions from deforestation declined in 2017. When the emission figures are independently verified, Norway will guarantee payments to Indonesia for approximately 4.8 millions tons of CO2. This will be the first payment for reduced emissions during the climate and forest partnership between the two countries that started in 2010. In 2010, Norway pledged to support Indonesia with up...