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United Solar Ovonic Products Selected for US Army Largest Solar-Powered Residential Community

United Solar Ovonic LLC, a wholly owned subsidiary of Energy Conversion Devices, Inc. (ECD Ovonics) (Nasdaq: ENER), has announced that it has signed an agreement with Actus Lend Lease to supply 7MW of photovoltaic (PV) products. The solar network will pump clean energy into the Army’s power grid and is designed to reduce dependence on fossil fuels by 30 percent for the entire complex of 7,894 new and renovated homes that Actus Lend Lease plans for Army families on Oahu. The captured energy also will help power 11 community centers and maintenance offices that will be built among the new and renovated homes. In addition to its existing 25MW photovoltaic manufacturing plant, United Solar Ovonic broke ground in July 2005 for its second state-of-the-art solar module manufacturing plant in Auburn Hills, Mich., to double its solar cell/module manufacturing capacity. Occupancy of the new facility is scheduled for May 2006, and it is anticipated that the plant will begin manufacturing products in the fall of 2006 following optimization of the manufacturing equipment. Compared to conventional solar technology utilizing single crystal or polycrystal silicon, United Solar Ovonic’s thin-film solar cells are 100 times thinner, do not use crystalline silicon material and, therefore, […]

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GreenShift's Mean Green BioFuels Announces 30M Gallon Biodiesel Plant in W.Tennessee

GreenShift Corporation’s (OTCBB:GSHF) portfolio company Mean Green BioFuels Corporation (“Mean Green”) has announced plans to build a 30 million gallon per year biodiesel production facility in western Tennessee. The new Tennessee facility will be one of five such facilities that Mean Green intends to build, own and operate commencing in 2006. Mean Green intends to finance, build, and operate five 20 to 60 million gallon per year biodiesel production facilities in the eastern U.S., where it will utilize its many patent-pending and proprietary oil recovery technologies to reduce America’s dependence on foreign oil by producing high quality biodiesel fuels. Biodiesel is a clean burning alternative fuel that contains no petroleum. It can be blended at any level with petroleum diesel to create a biodiesel blend, it can be used in diesel engines with little or no modifications, and it is simple to use, biodegradable, nontoxic, and essentially free of sulfur and aromatics. Over 37 billion gallons of petroleum diesel are used for domestic transportation each year in the U.S. The total demand for diesel fuel approaches 50 billion gallons per year when construction, farming and other off-road uses are considered. The current production of biodiesel in the U.S. is less […]

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