EU to Invest 48M Euros in Hydrogen Vehicles
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For Environmentalists, A Growing Split Over Immigration
URL: http://www.csmonitor.com/2006/0512/p01s04-ussc.html Website: http://www.csmonitor.com/2006/0512/p01s04-ussc.html
Kansas: Largest Wind Energy Farm Dedicated
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EPA Sets New Electronics Efficiency Standards
A typical home office with a fax, printer, copier and scanner is projected to save more than $300 over the life of the products thanks to new Energy Star specifications for imaging equipment. For the first time, the specifications cover energy use when the product is in use as well as in standby. The new specifications were developed because market research showed that technology had evolved in response to the Energy Star program, raising new opportunities to improve efficiency. On average, Energy Star qualifying imaging equipment will be 30 percent more efficient than conventional models. The revisions will save consumers more than $3 billion over the next five years and avoid greenhouse gas emissions equivalent to the emissions of more than four million cars. Imaging equipment uses a sizable amount of energy across the United States. This year, approximately 275 million imaging equipment products will consume more than $3.6 billion in energy each year, accounting for two percent of total electricity expenditures. Under the updated specifications, only the most energy-efficient of today’s imaging products will earn the Energy Star, representing the top of their class. These new specifications are scheduled to go into effect on April 1, 2007, pending adoption […]
Chevron Invests in Biodiesel Plant
Although Chevron (NYSE:CVX) hasn’t divulged how much they’ve invested, the company has made its first investment in a biodiesel plant. The investment is in a a Texas company that is building a biodiesel plant with the capacity to produce 100 million gallons per year. The plant will produce biodiesel from soybeans and other feedstocks. The plan is to sell pure biodiesel or biodiesel blended with off-road or on-road diesel fuel for marine, commercial, trucking and industrial users in Houston and Galveston, Texas. “We believe biofuels are a component of the diversification of the fuel supply to meet future energy demand,” said Don Paul, vice president and chief technology officer at Chevron, in a statement announcing the investment.
Green Loans Touted as Profit Opportunity
By Joel Berg In theory, the savings from energy-efficient building features should give both residential and commercial mortgage borrowers extra income to service their debt, helping to qualify them for larger loans. But even though ready-made home loan products have made the process of valuing those savings relatively straightforward, such products have found few takers, partly because few consumers are aware of them, industry experts said. “This is the ultimate niche market,” said Bruce Everly, the general manager of EIM, an energy services firm in Indianapolis. “You’ve got something better than kryptonite here, and nobody knows about it.” The process is less developed for commercial real estate, but a group has formed to try to answer the questions sparked by “green” buildings. “There’s a significant profit opportunity for lenders that understand these issues and can appropriately value the costs and benefits,” said Scott Muldavin, a financial-industry consultant in San Rafael, Calif. He is the executive director of the Green Building Finance Consortium, whose members include the National Association of Realtors, Cherokee Investment Partners, and several other real-estate-related firms. Paul Brumbaum of Wells Fargo & Co. said some green features, such as more efficient heating and air-conditioning systems, are easy to […]
Tower Tech to Supply 22 Large Wind Support Structures for Gamesa
Tower Tech Holdings, Inc. (OTCBB:TWRTE) subsidiary, Tower Tech Systems, Inc, has entered into a letter of intent to produce and deliver 22 large Wind Tower Support Structures for Gamesa Eolica (MCE:GAM) – one of the largest suppliers of wind power systems in the world. Gamesa Eolica will purchase 22 Wind Tower Support Structures; model G87 -78M from Tower Tech Systems, Inc. for delivery on or before the end of the 3rd Quarter 2006. The four-section Wind Tower Support Structures are 76.2 meters or 250.19 feet tall when erected. Each of the Tower Support Structures has a combined calculated weight of 373,978 lbs or 187 tons. All 22 Towers and the wind systems that they will support will be deployed as phase-one of the GSG wind energy farm near Sublette, Ill. The multi-phase, utility-scale wind project, under current development, will place wind turbines on 60 different farms around Sublette, West Brooklyn, Mendota and Southern Lee Counties in Illinois. Samuel Fairchild, CEO of Tower Tech Holdings said, “The aggressive expansion of Gamesa in the United States as well as the chance to be involved in the enormous Sublette Wind Farm Project, promotes a tremendous opportunity for Tower Tech Holdings and its shareholders. […]
Environmental Power Corp Reports Q1 Results
Environmental Power Corporation (Amex: EPG)announced that revenue for the first quarter decreased by $807,000, or 5%, to $14.4 million, as compared to $15.2 million for the same period in 2005. Billed power generation revenues at the Company’s subsidiary, Buzzard Power Corporation increased by $658,000 to $14.5 million as a result of increased power rates and improved operating capacity, as compared to $13.9 million for the previous year. Buzzard operated at 99.1% of capacity for this period, compared to 98.5% of capacity for the same period in 2005. However, this increase in billed power generation revenues was completely offset by a decrease in accrued power generation revenues of $1.1 million, as a result of the FASB 13 accounting treatment of the Scrubgrass lease. This adjustment has no effect on pre-tax income because it is completely offset by a decrease in accrued lease expense. The Company’s subsidiary, Microgy, Inc. (“Microgy”), recognized $883,000 of revenues relating to the construction and management of its first three projects, compared to $1.3 million of such revenues in the same period in 2005. This decrease in sales is a result of the strategic move from a focus on the sale of facilities to a model focused on […]
Phnix SonnenStrom to Construct 1.7MW Thin Film Plant
Phnix SonnenStrom AG has been commissioned to design and construct a large-scale solar thin-film electricity plant with a peak power output of around 1.7 megawatts. | A solar fund initiated by mainfrankenSolar commissioned the plant. In 2005 Phnix SonnenStrom built a 1 MW green-field plant for another fund of mainfrankenSolar. Construction work on the ground mounted photovoltaic plant in Buchheim near Wuerzburg is due to start in mid-July. The power plant is to be constructed with some 26,000 thin film modules made by First Solar, an American manufacturer, and is to be connected to the grid in November of this year. The total investment volume comes to around EUR 7 million. The construction of another photovoltaic plant with a peak power output of 2.2 megawatts on the same site is planned for this year as well. Phnix SonnenStrom AG, based in Sulzemoos near Munich, is a leading systems supplier in the German and European photovoltaic sectors. The company designs, builds and operates large-scale photovoltaic power plants and is a wholesaler of complete solar electricity systems, solar modules and components. As part of its internationalisation strategy, it acquired a participation in a solar company in Italy, and in April 2006 it […]
Pacific Ethanol to Build Oregon Plant
Pacific Ethanol, Inc. (Nasdaq: PEIX) has received all necessary permits to begin construction on a 35 million gallon per year ethanol facility at the Port of Morrow, located on the Columbia River near Boardman, Oregon. The company expects to begin construction, which should take approximately 12 months, within the next thirty days. CEO Neil Koehler observed that “This milestone is the latest in our stated plan to construct five ethanol production facilities to serve the western United States by the end of 2008. The Boardman plant is well situated, with access to the Columbia River, the Union Pacific Railroad and Interstate 84. The design will be based on our plant currently under construction in Madera, California, and therefore design and construction should proceed at a faster rate than the Madera plant, which we expect will begin ethanol production in the fourth quarter of this year.” The Oregon ethanol facility will provide ethanol for the Pacific Northwest gasoline markets, helping to increase supply in that area and provide a CO2-reducing fuel for the transportation sector. It is expected that the plant’s distillers grains will be sold to the local Oregon and Washington dairy and feed markets. About Pacific Ethanol, Inc. The […]
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