Germany: Solar-Fabrik Takes Equity Position in Solar Manufacturer
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SatCon Reports Q2 Results
SatCon Technology Corporation (Nasdaq NM: SATC), a developer and manufacturer of power electronic products for the alternative energy markets, announced its Q2 results. Revenue for quarter was $7.6 million, compared with $8.3 million for the quarter ended April 2, 2005. Revenue for six months ended April 1, 2006 was $14.7 million, compared with $17.5 million for the comparable period ended April 2, 2005. Net loss for the quarter was $3.2 million, or $0.08 per share, compared with a net loss of $2.4 million, or $0.07 per share, for the same period in fiscal 2005. The company has a strong backlog of $25.1 million in orders ($21.5 million for Q2 2005. “I am pleased with the progress we are making towards transitioning into a products-oriented business,” commented David Eisenhaure, Chairman and Chief Executive Officer. “I am also encouraged by the market reception for our alternative energy products. Our commercial grade solar inverters continue to gain market traction and represent approximately 15 percent of our total corporate revenues for the year-to-date, compared with 10 percent in the prior year. I am particularly encouraged by the recent traction that HEV and alternative fuel vehicles are achieving in the market and feel that the […]
It's Only $300 Billion – If We Can Fund the War in Iraq, Why Not Kyoto?
URL: http://www.washingtonpost.com/wp-dyn/content/article/2006/05/09/AR2006050901502.html Website: http://www.washingtonpost.com/wp-dyn/content/article/2006/05/09/AR2006050901502.html
A New Drive for Greater Fuel Efficiency – Senators Press Labor, Car Makers, DOT
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U.S. House Leader Suggests Ethanol Import Tariff Cut
House Majority Leader John Boehner said Tuesday that a temporary reduction in fuel ethanol import tariffs would help lower motor fuel pump prices. “We don’t have enough ethanol in production today. It’s coming on board, but if we were to temporarily reduce the tariff on ethanol coming into our country, I think that would ease the pressure that’s out there, resulting in lower gasoline prices,” the Ohio Republican told reporters. President Bush last week also called on Congress to lift the tariffs now on fuel ethanol imports. Asked if there were enough votes in both the House and Senate to lift the ethanol tariffs, Boehner said: “I think it’s possible.” But that could be a tall order based on the attitudes of key Midwestern senators, including Sen. Charles Grassley of Iowa, chairman of the Senate Finance Committee, the panel which would likely review tariff changes. Iowa is the nation’s largest producer of corn, the most often used feedstock for U.S. fuel ethanol. Speaking to reporters Tuesday evening in the Capitol, Grassley called lifting ethanol tariffs “a wild idea.” “Why do you want to kill the goose that lays the golden egg?” Grassley said of the U.S. ethanol industry. “Why does […]
Debating Feebate
URL: http://www.oregonlive.com/news/oregonian/index.ssf?/base/news/114731612442350.xml&coll=7 Website: http://www.oregonlive.com/news/oregonian/index.ssf?/base/news/114731612442350.xml&coll=7
Kyoto Gives Poor Countries US$2.7 Billion Boost
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/36298/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/36298/story.htm
Report: Global CO2 Emissions Rose 15% from 1992 to 2002
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Canada's Greenhouse Gas Emissions Far Above Target
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/36303/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/36303/story.htm
U.S. Senate Energy Committee Approves Idaho's Kempthorne for Sec't of Interior
The Senate Energy & Natural Resources Committee today approved by nearly unanimous voice vote the nomination of Idaho Gov. Dirk Kempthorne to be Secretary of the Interior with only Sen. Mary Landrieu, D-LA, voting “present.” The nomination will now be sent to the full Senate for a vote at a time yet to be scheduled. Domenici said he expected the Senate to confirm Kempthorne before the end of the month.
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