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Weekly Clean Energy Roundup:March 22, 2006

News and Events DOE and EPA Honor Energy Star Partners Low Premiums Increase Sales for Utility Green Power Leaders New Wisconsin Energy Act Boosts Efficiency and Renewable Power World’s Largest Biodiesel Plant Slated for Indiana Hydrogen Fueling Stations Moving Ahead in California New Lexus Hybrid Sedan Emphasizes Performance Over Efficiency Energy ConnectionsDOE Report Raises Concerns About China’s Energy Needs News and EventsDOE and EPA Honor Energy Star PartnersEnergy Secretary Samuel Bodman and Environmental Protection Agency (EPA) Administrator Stephen Johnson honored 67 businesses, groups, and government entities last night for their accomplishments and leadership in the Energy Star program. The 67 organizations have achieved major energy savings or are helping consumers to save energy, and the top awardees include the Whirlpool Corporation, General Electric Company, Osram Sylvania, Gorell Windows and Doors, Precision Entry Inc., The Home Depot, the Maytag Corporation, Lowe’s Corporation, the Sierra Pacific Power Company, and Sears, Roebuck and Company. See the DOE and EPA press releases and the full list of awardees.The Energy Star program was formed in 1992 as a voluntary, market-based partnership to reduce air pollution through increased energy efficiency. In partnership with DOE, EPA works to offer businesses and consumers new ways to save energy […]

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Guinness Atkinson to Launch Alternative Energy Fund

Guinness Atkinson Asset Management, Inc., has announced the upcoming launch of the no-load Guinness Atkinson Alternative Energy Fund, which will invest in companies involved in the production, distribution or storage of alternative energy, including energy conservation. The fund is designed as a vehicle for investors seeking to profit from and participate in the shift from conventional fuels to alternative energy sources. The fund will invest primarily in companies that produce 50 percent or more of revenues from alternative energy and will be managed with an emphasis on value. Lead manager of the fund will be Tim Guinness, Chief Investment Officer of Guinness Atkinson, who also manages the Guinness Atkinson Global Energy Fund. “Increasing global energy demands, coupled with limiting supplies, will continue to force prices for energy higher and, in turn, accelerate the development of alternative energy sources,” Mr. Guinness said. “We believe that the shift from conventional fuels to alternative forms of energy provides a new opportunity for investors,” he added. Mr. Guinness also cautioned about risks associated with investing in alternative energy sector. “Many of these companies are small and thinly traded and by some measures more than fairly valued at the moment,” he said. “As optimistic as […]

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WorldWater to Debut New Mobile Solar Unit

WorldWater & Power Corp. (OTCBB:WWAT.OB) will debut their new MobileMaxPure(tm) solar power unit at the 28th Annual National Hurricane Conference to be held in Orlando, Florida, April 10-14. The MobilMaxPure(tm) critical response unit can be towed into a disaster area by pickup truck or SUV and immediately provide emergency responders and victims with the essential services of power generation, water purification and satellite communications. With the flip of a switch, 15 solar panels automatically unfold to create a 12×18 foot photovoltaic array that generates electricity. A bank of high-capacity batteries power the panel deployment and store electricity for emergency night operations. Quentin Kelly, Chairman of WorldWater & Power, noted, “MobileMax(tm) has already proven its value in post-Katrina Waveland, Mississippi – where it is turning contaminated water into clean drinking water for 5,000 to 10,000 residents every day. The new MobileMaxPure is our second-generation device, incorporating everything required by emergency responders. During many disasters, reliable communications is one of the major problems faced in coordinating relief efforts. MobileMaxPure(tm) has solved that problem with on-board satellite-based, wireless voice and data telecommunications, and the power to operate it under the most severe field conditions. MobileMaxPure(tm) can rapidly go wherever needed and make the […]

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UL Certifies Capstone MicroTurbines

Capstone Turbine’s 30- and 65-kilowatt renewable energy systems are the first generators to be classified by Underwriters Laboratories to the UL2200 standards for Stationary Engine Generators, under the new category of Engine Generators Fueled by Biogas or Raw Natural Gas. These products are additionally Listed to UL1741, the standard for Inverters, Converters, Controllers and Interconnection System Equipment for Use With Distributed Energy Resources. UL1741, which references IEEE 1547 and IEEE 1547.1, is being accepted as the US national utility grid interconnection standard. In 2001, Capstone MicroTurbine systems were the first non-photovoltaic generator to be listed to the UL1741 interconnection safety and operations standard. “This certification, President Bush’s new initiative for grid-interconnected renewable resources and our newly released CR65 biogas-fueled energy system will be yet another major step for us and for the nation’s future of clean, renewable energy,” said Capstone Turbine Corporation CEO John R. Tucker. “I believe this new certification will encourage operators of landfills, oilfields and wastewater treatment plants to reduce their flaring of these gases into the atmosphere. Instead, those operators can now burn these ‘waste’ gases in renewable energy generating Capstone MicroTurbines, the first flare-gas-fueled generators that currently meet these UL standards.” The new UL generator […]

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Northern Power Sign OEM Agreement

Northern Power, a subsidiary of Distributed Energy Systems Corp. (Nasdaq: DESC), has signed an original equipment manufacturing (OEM) agreement with Elliott Energy Systems (Stuart, FL). The agreement gives Northern Power exclusive worldwide rights to incorporate Elliott technologies in the development of microturbine-based products for the oil and gas industry. Northern Power has also signed a distributor agreement with Elliott to sell and service its existing microturbine-based systems. Under the terms of the OEM agreement, Northern Power and Elliott will develop microturbine-based solutions offering higher reliability, lower overall cost and a smaller system footprint than currently available alternatives. Initial sales efforts will focus on the Gulf of Mexico region, building on existing sales to Petroleos Mexicanos (PEMEX), the world’s ninth largest integrated oil company, which currently operates approximately 185 platforms in the Gulf of Mexico. Northern Power also plans to market the product to the global oil and gas industry. “Most microturbine solutions evolved from combined heat and power (CHP) systems used in urban locations, a far different customer base from remote offshore platforms,” stated Michael Brennan, vice president of sales for Northern Power. “As oil and gas executives assess the value proposition of microturbines, they see a need for solutions […]

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