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A leading, undisclosed, European producer of wind energy systems has placed an order with Maxwell Technologies Inc. (Nasdaq: MXWL) for 3 million BOOSTCAP® BCAP0350 E “D cell” ultracapacitors to provide backup power for wind turbine blade pitch systems. Alain Riedo, senior vice president and general manager of Maxwell’s Swiss subsidiary, Maxwell Technologies SA, noted that the order, which is expected to be drawn down over two years, is for double the quantity of the company’s previous largest D cell order, a 1.5 million-cell order for a wind energy application in February 2006. The ultracapacitors are used for backup energy storage and power delivery in wind turbines ranging in output up to 2.5 MW. Each of the turbines’ three blades has an independent braking and pitch adjustment mechanism incorporating a bank of 200-700 BOOSTCAP cells for backup power to ensure continuous operation in the event of a power failure. As megawatt-class wind installations account for a ever-greater share of new wind capacity, ultracapacitors are increasingly be used for their high reliability and long operating lifetime. Website: http://www.maxwell.com
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Suzlon Rotor Corp., a subsidiary of Indian wind company Suzlon Energy, recently celebrated the opening of its first U.S. wind turbine plant, in Pipestone, Minnesota. The 230,000-square-foot plant will produce 140-foot long wind turbine blades and nose cones. “The production of this first wind turbine blade is monumental for Suzlon as we strengthen our presence in the U.S. wind-power market and take and important step towards investing in the region,” said J.R. Tanti, director of Suzlon Infrastructure Ltd. The facility will employ up to 275 people. Since Suzlon Energy’s IPO last year, the stock has risen over 50%. The company plans for exports to account for 40% of 2007 revenues 80% of 2008 revenues.
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SolarWorld AG (ISIN: DE0005108401) has established a joint venture for silicon production with Dutch company Scheuten Solarholding B.V. The 50/50 venture build a high purity solar silicon manufacturing plant with an initial annual capacity of 1,000 tons. “In the course of our consistent group-wide growth we are opening up an additional raw material source with this new technology,” says Dipl.-Ing. Frank H. Asbeck, Chairman and CEO of SolarWorld AG. “By building the first industrial scale silicon production facility in Saxony we are at the same time increasing our vertical integration in Freiberg.” The plant will be built on 20,000 square meters of land near existing silicon recycling activities and the logistics center of the SolarWorld Group. Explains Prof. Dr. Peter Woditsch who will manage the joint venture, “Our Solar Material division has for years been successful in the reprocessing of raw materials for wafer production and will support the Joint Venture with its technology and know-how.” SolarWorld operates another raw material JV, Joint Solar Silicon, with the chemicals group Degussa, which is currently building an industrial scale production site for the generation of solar grade silicon from a feedstock material called Silan at Rheinfelden. About SolarWorld AG: The SolarWorld Group […]
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Cree, Inc. (Nasdaq: CREE), a leading LED lighting manufacturer, announced lower revenue and earnings targets for its fiscal second quarter ending December 24, 2006. Revenue targets are reduced to $90-$92 million due to lower sales of LED chip products. Earnings are targeted to be between $0.12-$0.14 per diluted share, which includes a gain from the sale of marketable securities of approximately $0.09 per diluted share. Gross margins are also expected to decline to 34-35% because of lower factory utilization associated with the decline in LED chip orders, increased pricing pressure for LED chips and higher startup costs related to the new product lines. New component product lines, which include XLamp® products, are targeted to grow in line with prior expectations. “The LED chip market remains challenging, particularly for our mid- brightness products in mobile applications,” stated Chuck Swoboda, Cree’s CEO and chairman. “Despite the slowdown in the LED chip business, we are pleased with the growth in new product sales from our recently introduced lighting class XLamp power LED’s and our ability to attract a global distributor such as Arrow Electronics. These are important steps in our long-term strategy of growing the company through increased sales of higher-value components. Based […]
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Capstone Turbine Corporation (NASDAQ:CPST) has named Darren R. Jamison as its new President and CEO. He will also be a member of the Board of Directors effective as of December 18, 2006. Prior to joining Capstone, Mr. Jamison had been President and COO of Northern Power Systems, Inc. since 2004. Under his direction, Northern Power experienced significant growth, including substantial increases in revenue and improved margins. Previous to Northern Power Systems he was Vice President and General Manager of Distributed Energy Solutions for Stewart & Stevenson Services Inc. from 1994 to 2003. Capstone Turbine is a leading producer of low-emission microturbine systems, and was the first to market commercially viable microturbine energy products. Capstone has shipped more than 3,500 Capstone MicroTurbine systems to customers worldwide. Website: [sorry this link is no longer available]
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News and Events New Solar Cell Breaks 40 Percent Efficiency Barrier Solar-Powered Ship Begins Transatlantic Voyage Four Western States to Cooperate on Greenhouse Gas Emissions DOE-Industry Partnership Produces Efficient Window Prototype Automakers Emphasize Fuel Economy at the L.A. Auto Show DuPont Joint Venture Begins Producing Major Chemical from Corn Energy ConnectionsEIA: U.S. to Shift Away from Petroleum, Toward Coal by 2030 News and EventsNew Solar Cell Breaks 40 Percent Efficiency BarrierDOE announced on Tuesday that Spectrolab, Inc. has developed a new concentrator solar cell with a sunlight-to-electricity conversion efficiency of 40.7 percent, a new world record in solar cell efficiency. The new cell uses a “multi-junction” structure, in which several layers each capture part of the sunlight passing through the cell. These layers allow the cell to capture more of the solar spectrum and convert it into electricity. The Spectrolab cell relies on an optical concentrator to focus sunlight onto the cell.Researchers have been working toward the “40 percent barrier” for the past two decades. In the 1980s, multi-junction solar cells achieved about 16 percent efficiency, and DOE’s National Renewable Energy Laboratory broke the 30 percent barrier in 1994. Today, most satellites use these multi-junction solar cells, and Spectrolab, a […]
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The Annual Energy Outlook 2007, released today by the Energy Information Administration (EIA), projects growth in nuclear generation, biofuels (ethanol and biodiesel), coal-to-liquids, energy efficiency and new transportation technologies. Even though renewables will grow rapidly, because they’re starting from such a tiny share of the overall market, EIA projects that oil, coal, and natural gas will provide roughly the same 86% share of the total U.S. primary energy supply in 2030 as they did in 2005. Although nuclear is expected to grow, its share will fall, given the growth of electrical demand. Hydroelectric power should remain stagnant in terms of its overall market share. EIA projects that ethanol use will grow from 4 billion gallons in 2005 to 11.2 billion gallons in 2012 and 14.6 billion gallons (about 8% of total gasoline consumption by volume)in 2030. Projected ethanol consumption in 2012 far exceeds the 7.5 billion gallon requirement of the Renewable Fuel Standard enacted as part of the Energy Policy Act of 2005 (EPACT 2005). Alternative sources of distillate fuel are also projected to grow to over 7% of the total distillate pool by 2030, when consumption of biodiesel, also supported by tax credits in EPACT2005, reaches 0.4 billion gallons […]
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The U.S. Department of Energy (DOE) announced that with DOE funding, a concentrator solar cell produced by Boeing-Spectrolab has achieved a world-record conversion efficiency of 40.7%, establishing a new milestone in sunlight-to-electricity performance. This breakthrough may lead to systems with an installation cost of only $3 per watt, producing electricity at a cost of 8-10 cents per kilowatt/hour. Almost all of today’s solar cell modules do not concentrate sunlight but use only what the sun produces naturally, what researchers call “one sun insolation,” which achieves an efficiency of 12-18%. However, by using an optical concentrator, sunlight intensity can be increased, squeezing more electricity out of a single solar cell. The 40.7% cell was developed using a multi-junction solar cell. It achieves a higher efficiency by capturing more of the solar spectrum. In a multi-junction cell, individual cells are made of layers, where each layer captures part of the sunlight passing through the cell. This allows the cell to get more energy from the sun’s light. For the past two decades researchers have tried to break the 40% efficient barrier on solar cell devices. In the early 1980s, DOE began researching what are known as “multi-junction gallium arsenide-based solar cell devices,” […]
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Adobe Systems Inc.(Nasdaq:ADBE)announced it has received Platinum LEED certifications for its East and Almaden headquarter towers in downtown San Jose, distinguishing Adobe as the world’s first commercial enterprise to achieve a total of three platinum certifications under the LEED program. Adobe’s West Tower was awarded Platinum certification in July 2006. The Platinum designation is the highest rating under the U.S. Green Building Council’s green building certfication program, LEED – Leadership in Energy and Environmental Design-Existing Building. “With the certification of Adobe’s Almaden and East Towers, Adobe has again raised the bar for other companies seeking to introduce sustainable, environmentally-friendly practices into their facilities,” said Rick Fedrizzi, founder, president and CEO of the USGBC. “The USGBC is honored to congratulate Adobe on its substantial achievements. Not only has Adobe achieved the highest environmental honor for a commercial building with the West Tower Platinum certification, but these two additional certifications make Adobe the only company in the world to have three LEED Platinum buildings.” To achieve Platinum certification of the East and Almaden Towers, which opened in 1998 and 2003 respectively, Adobe invested approximately $650,000 for energy and environmental retrofits since 2001. These retrofits have resulted in approximately $728,000 in savings to […]
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