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India-based VayuGrid signs MOU for biofuel cluster in Ethiopia using Pongamia oilseed trees

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VayuGrid, a biofuel supply chain company based in Bangalore, India has signed a memorandum of understanding (MOU) to create a biofuel cluster around its VayuSap, an elite, high-yield Pongamia (a leguminous, oilseed-bearing tree), in Ethiopia Africa. biofuel investment opportunity and is part of a larger government plan to develop a biofuel park in Ethiopia. Ethiopia was chosen strategically based on the economics and agriculture.

Global geothermal industry passes 12,000 MW operational

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In 2013, new geothermal geologic studies or exploration moved forward in places as diverse as American Samoa, Argentina, Armenia, Australia, Azerbaijan, El Salvador, Ethiopia, Indonesia, Japan, Malaysia, Rwanda, Saudi Arabia, St. The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA).

Global Fuel Economy Initiative launches second 3-year campaign; ICCT joins partnership

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The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. It also announced that a new partner—the International Council on Clean Transportation (ICCT)—has joined the effort.

US, China, and G-20 agree to work to global phase down of HFCs

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This was agreed by: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey,the United Kingdom, the United States, and the European Union, as well as Ethiopia, Spain, Senegal, Brunei, Kazakhstan, and Singapore. The US reached separate agreements with the G-20 and with China to address the rapid growth in the use and release of climate-damaging hydrofluorocarbons (HFCs).

Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

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In addition, plans for new production facilities in Ethiopia and Brazil are well under way. Zhejiang Geely Holding Group set a new export sales record in December with 11,000 cars being exported during the month, which also helped the company increase its export sales over the course of 2012 by 164%. Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia.