BASF explored new investment in China together with its local partner Sinopec. The chemical company is looking for a production of the plasticizer isononanol (INA) in Southern China. Both companies are eyeing the feasibility of a world-scale plant for production of INA in a new joint venture expected to be completed by end of 2012.
BASF has yet to announce any CAPEX figures. The company has yet to make any other investment of INA outside its INA complex in Ludwigshafen, Germany. Currently Evonik is the number two manufacturer of INA in Europe and worldwide with capacity of 340 ktpa INA in Marl. Exxon is the leading manufacturer of INA.
BASF is also in a planning for a world-scale plant in Malaysia, together with Petronas. This will leapfrog BASF against Evonik to be the number one INA supplier in the world.
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Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.
16 August 2012
Japan Turning Second as Biggest Solar Power Market
Japan is planning big on its solar projects to replace the vacuum left by its nuclear facilities for the electricity generation in the country. Softbank of Japan will be operating seven megasolar plants producing 260 MW making it the biggest Japan’s solar power firm.
Japan’s latest policy subsidizing renewable energy may see Japan to leapfrog Italy to become the number two market for solar power behind Germany. A new superscale of solar power capable of producing 200MW is also on the pipeline for Hokkaido plant.
Japan’s latest policy subsidizing renewable energy may see Japan to leapfrog Italy to become the number two market for solar power behind Germany. A new superscale of solar power capable of producing 200MW is also on the pipeline for Hokkaido plant.
08 August 2012
New Cheap Solar Panels Created
Researchers from the University of Toronto and King Abdullah University of Science and Technology in Saudi Arabia had created a solar cell out of cheap, inexpensive materials for usage of solar panels with an impressive 7% efficiency.
The new solar cells use quantum dots which can harvest electricity from both the visible and invisible wavelengths of the solar spectrum. Furthermore, it can be created using similar methods used to produce paint or ink which can be fabricated on flexible substrates in the same way newspapers are rapidly printed in mass quantities.
The new way of producing the material pushed the efficiency by 37% compared to previous method using hybrid passivation method using small chlorine atoms.
The new solar cells use quantum dots which can harvest electricity from both the visible and invisible wavelengths of the solar spectrum. Furthermore, it can be created using similar methods used to produce paint or ink which can be fabricated on flexible substrates in the same way newspapers are rapidly printed in mass quantities.
The new way of producing the material pushed the efficiency by 37% compared to previous method using hybrid passivation method using small chlorine atoms.