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Biopesticides Market Inching Towards the US$1Bn Mark

The ‘Green agriculture’ wave in the current generation is making way for the development of eco-friendly pesticides, featuring low toxicity and high efficacy. Advancements in biotechnology and molecular biology have yielded successful breakthroughs in the field of ‘Pest management and control’. A significant outcome, stemming out of research and development is “Bio-pesticides”, delivering a better alternative to manage harmful insects, weeds and fungal plant-pathogens. Biochemicals and microbials are the two types of biopesticides. Biochemicals are non-toxic and are mostly like natural substances in structure and functionality. Biochemical pesticides act by controlling pests non-toxically, unlike conventional pesticides that kill pests. Microbial pesticides are made from genetically modified or natural organisms such as bacteria, fungi, protozoans or viruses. These biopesticides act by causing a disease or producing a toxin specific for a pest. The market is growing at a robust rate, largely driven by innovations in active ingredients, and growing use of Bacillus thuringiensis. Global biopesticides market is likely to reach the US$1 billion mark by 2010, as stated in a recent report published by Global Industry Analysts, Inc. The United States represents the world’s largest market, accounting for a share of over 50%. Europe represents the fastest growing market. Future of […]

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Clean Tech Becomes Big Business

URL: http://www.planetark.org/dailynewsstory.cfm/newsid/43437/story.htm Website: http://www.planetark.org/dailynewsstory.cfm/newsid/43437/story.htm     

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Keewatin Completes $1.29M Financing

Keewatin Windpower Corp. (KWPW) has completed its financing consisting of the sale of 1,075,000 restricted shares of its common stock at a price of $1.20 each for gross proceeds of $1,290,000. As the offering was oversubscribed, management permitted the sale of additional shares beyond the original number that it originally offered. In connection with the funding, Keewatin paid finders’ fees of 1,000,000 share purchase warrants to Vision Opportunity Master Fund, Ltd. and $126,750 to related parties. Each warrant entitles the holder to acquire an additional share of common stock in the capital of Keewatin Windpower Corp. for $2.50 until July 10, 2008. The warrant terms provide for a cashless exercise within 30 days of the expiry date if the shares issuable upon the exercise of the warrants have not been registered. Keewatin is not under any obligation to register the shares or the warrants issued in connection with the financing. Keewatin will use the proceeds of the financing to cover ongoing pre-development costs in connection with our proposed wind power development project located in southwestern Saskatchewan, as well as for general working capital.

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SunEdison Awarded $6.9M Contract

The U.S. General Services Administration (GSA) Rocky Mountain Region has awarded a $6.9M contract to SunEdison for the design and construction of a solar park at the Denver Federal Center (DFC). The park will consist of photovoltaic arrays located on a six-acre site adjacent to 6th Avenue in Lakewood, Colorado. Construction is expected to start during late summer/early fall of 2007, with electric generation beginning mid-December 2007. “The solar park is a perfect example of how the federal government can work with its industry partners to embrace green technology,” said GSA Regional Administrator Leslie Plomondon. “The project promotes Administration efforts to conserve electricity through the use of renewable energy.” Plomondon said the project would not be possible without the support of Colorado’s citizens, GSA, Xcel Energy, and SunEdison. In 2005, Colorado was the first state in the union where voters passed a Renewable Energy Source (RES) initiative. Growth in Colorado will continue to create a greater demand for energy; therefore, it is critical to explore new more diverse energy resources. The solar park is an important opportunity for GSA to meet the renewable energy guidelines set forth by Congress, and it brings the DFC closer to its vision of being […]

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aleo Solar Builds $16.5M Italian Order Book

aleo solar AG’s has secured a total international order book of approximately $83 million this year, including $16.5 million in the emerging Italian market. aleo solar has had a sales team in Italy since mid-2006. Simplified legislation was passed in Italy at the beginning of 2007, where roof-mounted installations up to 50 kW in particular will be completed, as they attract high feed-in tariffs. aleo’s sales team was expanded in April and its strong specialist dealer support was presented at the “Solarexpo” trade fair in Verona. For Jakobus Smit, CEO of aleo solar AG, the company’s internationalization strategy is paying off: “Our customers appreciate the combination of high-quality technology and local presence that we have demonstrated by having our own Italian sales team. We are offering our partners certification as aleo specialist dealers, which has been very popular. Partners who are certified receive preferential treatment in our aleo power network.” “Outstanding German product quality, our many years’ experience of roof-mounted installations and our strong specialist dealer support make aleo solar a sought-after partner in Italy. Italy represents our most important international market next to Spain,” explains Christopher Dunne, international sales manager at aleo solar AG. Website: http://www.aleo-solar.de     

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