1. Home
  2. Articles posted by: Rona Fried (Page 1397)

Quantum Partners With Chinese Automaker on Advanced Vehicles

Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq: QTWW) has signed a Memorandum of Understanding to establish a joint venture with an undisclosed “major automaker” in China for the development and commercialization of hybrid and alternative fuel vehicles, manufacture of gaseous fuel components, and integration of advanced propulsion systems. Quantum has partnered with one of the fastest growing automakers in China, which is now the second largest automotive market in the world. China is estimated to produce in excess of 7.4 million vehicles in 2007, after several years of double-digit growth. “China is strategically important to Quantum, as we position ourselves as a fully-integrated alternative energy company serving the global marketplace. Quantum’s strategy in China involves establishing partnerships with fast-growing domestic automakers that are hungry for advanced technologies to make their products more fuel-efficient and run cleaner,” said Alan Niedzwiecki, President and CEO. Quantum is a leader in powertrain engineering, system integration and manufacturing of packaged fuel systems and accessories for specialty vehicles and applications including fuel cells, hybrids, alternative fuels, hydrogen refueling, new body styles, mid-cycle vehicle product enhancements and high performance engines and drive trains for OEMs and consumers of aftermarket parts and accessories. Quantum also designs and manufactures […]

Read More

US Wind Energy Grew 20% in 2006

The figures are in for the growth of wind energy in the U.S. for 2006. The industry grew by 20% to 11,600 megawatts (MW), enough to supply energy to about 3 million homes, said the American Wind Energy Association. About $4 billion was spent on wind energy development last year. 1,524 wind turbines were installed in the U.S. The average turbine capacity was 1.6 MW. Texas leads the country with the largest single wind farm and the most wind power generation – 2,678 MW of installed turbines. California followed with 2,361 MW, then Iowa and Minnesota. Washington leapfrogged into fifth place, thanks to the Big Horn and Wild Horse facilities that came online in 2006. The state’s wind farms produce about 818 MW, equivalent to almost half of the power used by Seattle. The addition of the 140 MW Marengo wind farm in Washington will bring the state close to breaking through 1,000 MW. It’s expected to come online in August. FPL Energy (NYSE: FPL) continues to dominate the U.S. wind energy market, managing four times the amount of wind generation than PPM Energy, a unit of Scottish Power Plc (SPW.L), the next largest project developer. FPL manages the largest […]

Read More

Appalachian Regional Commission Launches Grants Competition for Clean Energy

The Appalachian Regional Commission is launching a grants competition to assist communities in leveraging renewable energy and energy efficiency resources to revitalize their economies. The Commission expects to fund 8-10 awards of up to $75,000 each, for a total of $400,000 in awards, to help communities implement these strategies. Eligible projects should result in the creation of new jobs or businesses in the target communities. Outcomes could include: -Production and use of renewable energy products, such as biofuels, biomass, solar, or wind energy, including siting of these facilities and net metering applications. -Distribution of renewable energy products, including customer purchasing commitments. -Expansion or start-up of clean energy businesses, including support for business incubation programs and targeted business financing programs -New construction or facilities renovations that follow ‘green building’ and LEED certified guidelines. -Installation of energy efficiency equipment in public or non-profit facilities that is 2005 Energy Policy Act Tax Credit eligible, directly results in cost savings, and leads to increased delivery of services to local communities. Non-profit organizations, governmental entities, and public educational institutions located within the ARC Region are eligible to apply. Private for-profit organizations are not eligible to apply. An independent review panel will be convened to evaluate […]

Read More