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Uni-Solar Signs PV Laminates Supply Agreement with Biohaus PV Handels

United Solar Ovonic LLC, a subsidiary of Energy Conversion Devices, Inc. (Nasdaq: ENER), has signed a multi-year agreement with Biohaus PV Handels GmbH to sell up to 9.6 MW of photovoltaic (PV) laminates. Biohaus will incorporate the UNI-SOLAR BIPV laminates with its proprietary panel design to address Germany's expanding grid-connected PV market. Using United Solar Ovonic's thin-film amorphous solar laminates, these thin-film products will be the highest rated peak power modules available on the German market. Said Willi Ernst, Managing Director of Biohaus. "We have selected UNI-SOLAR laminates due, in part, to the exceptional performance characteristics which integrate seamlessly with our designs and marketing strategy." About Uni-Solar Ovonic United Solar Ovonic, building on technology invented and pioneered by ECD Ovonics, is a leader in thin-film amorphous photovoltaics. Uni-Solar Ovonic's 30-megawatt production equipment is the world's largest and most advanced machine for the manufacture of thin-film amorphous-silicon alloy solar cells and related products that are used for a variety of applications. Because of characteristics unique to the Uni-Solar Ovonic's solar cell technology, such as lightweight, ruggedness and flexibility, it is ideal as building-integrated photovoltaic roofing systems for residential and industrial customers. ECD Ovonics and Uni-Solar Ovonic hold the basic patents covering […]

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Starbucks To Use First FDA- Approved Recycled-Content Cup

Starbucks Coffee Company (NASDAQ:SBUX) announced today it will incorporate 10% post-consumer recycled content in its paper cups. It's a first for the U.S. Food & Drug Administration (FDA) to approve the use of recycled content in food packaging. The FDA granted Starbucks' supply chain member, Mississippi River Corporation, the first-ever approval. "Beginning to use post-consumer recycled content hot beverage cups is an important milestone for Starbucks in addressing the environmental impact associated with our paper-buying practices," said Jim Donald, Starbucks CEO designate. "Starbucks goal is to convert hot cups in our U.S. Company-operated retail stores by the end of calendar 2005. We will continue to explore ways to include recycled content in all Starbucks-branded paper goods in our stores." Starbucks collaborated for more than two years with its suppliers Solo Cup Company, MeadWestvaco, and Mississippi River Corporation to obtain approval from the FDA. This is one of many environmental initiatives for Starbucks: green building, energy and water conservation and waste reduction in retail stores and facilities, improving coffee farming practices and environmental initiatives in local communities.

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Wainwright Bank Added to KLD's Domini 400 Social Index

Wainwright Bank (Nasdaq: WAIN), a commercial bank headquartered in Boston, Massachusetts has been added to the Domini 400 Social Index(SM). The Domini 400 Social Index is a market capitalization-weighted common stock index. It monitors the performance of 400 U.S. corporations that pass multiple, broad-based social screens. The Index consists of approximately 250 companies included in the Standard & Poor's 500 Index, approximately 100 additional large companies not included in the S&P 500 but providing industry representation, and approximately 50 additional companies with particularly strong social characteristics. Wainwright Bank was added to the Domini 400 Social Index because: * The company's mission statement emphasizes its commitment to socially responsible lending. * Wainwright Bank has a longstanding commitment to supporting projects that benefit the economically disadvantaged and "disenfranchised." In FY 2003, community development loans accounted for 29% of the company's commercial loan portfolio. These loans were awarded not only to housing for low-income residents, but to organizations that provide services for the homeless, support environmental protection, provide elder care, and create housing for people living with HIV/AIDS. * Wainwright's charitable giving program is exceptionally generous for the banking industry. In FY 2003 the company donated 3% of trailing three-year net earnings before […]

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Due Process on Dams?

It's no secret that the Bush administration wants to tilt environmental rules to favor business interests. But the Interior Department has recently taken that approach to a new level of brazenness. The issue involves environmental requirements imposed on hydropower companies when dams come up for license renewal — in other words, what steps they must take to protect fish and other natural resources. Under Interior's proposed regulation, hydropower companies would have the exclusive right to appeal to the department's political appointees to try to change or loosen conditions imposed by more junior officials. Others affected by the license renewal — states, Indian tribes, anglers, environmental groups — could respond to the power company's arguments, but they wouldn't have any parallel right to this interim appeal. As technical as this issue sounds, it's of enormous importance to the nation's hydroelectric power companies — and to its rivers. Most of these licenses were granted decades ago, before the advent of modern environmental laws. In the next 15 years, licenses for more than half the country's privately owned dams will come up for renewal. The conditions placed on those licenses will affect fish and wildlife, recreational boaters and Indian tribes, among others. In […]

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