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Weekly Clean Energy Roundup:July 28, 2003

*News and Events DOE Breaks Ground on New Energy Research Building Water Treatment Plant Meets Daytime Needs with Solar Power Proposed Wisconsin Wind Project Grows; Iowa Plant Dedicated Wisconsin Task Force Recommends Efficiency and Renewables State Requirements and Green Power Markets: Both Yield More Renewables DOE Awards $1.13 Million to Weatherize Homes in Arizona *Site NewsEnergy Education Offered at Oakland Community College News and EventsDOE Breaks Ground on New Energy Research BuildingDOE broke ground yesterday on a new research facility at the National Renewable Energy Laboratory (NREL) in Golden, Colorado. The 71,000-square-foot Science and Technology Facility (S&TF) will include a 10,000-square-foot laboratory dedicated to thin-film photovoltaic devices, which promise lower-cost solar power. The facility will also enable NREL to expand its research capabilities in hydrogen, solid-state lighting, superconductivity, electrochromic windows, and nanotechnologies. Construction is expected to begin in fall, and the building should be complete in 2006.“This new facility will extend DOE’s and NREL’s research capabilities and hasten the day when we reach our goal of providing the kind of clean, affordable energy solutions that can be used by all Americans,” said David Garman, DOE’s acting Under Secretary of Energy. See the NREL press release.The new S&TF building is also […]

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GE Hopes Its Solar Will Top $1 Bln per Year by 2010

NEW YORK, July 27 (Reuters) – Citing recent success in alternative power, GE Energy, a subsidiary of General Electric Co. (NYSE:GE – News; NYSE:GE – News) is hoping to boost its solar energy sales to $1 billion annually by the end of the decade, the head of GEs solar business said. In 2002, GE Energy bought assets of bankrupt Enrons (Other OTC:ENRNQ.PK – News) wind turbine business for under $200 million and then doubled sales to $1.3 billion. This year, GE bought Delaware-based Astropower, once a solar power leader, for about $19 million. Astropower went bankrupt after failing to file several financial reports with the government last year. Ali Iz, who heads GE Energys solar business, said recent growth in demand of solar equipment that is tied to the national electricity grid, over traditional units designed for remote areas that are far from the grid, could play a big role in boosting the companys production. "We certainly hope that solar will be a billion dollar-plus business for us," Iz said in a telephone interview. He said that amount of sales could be seen per year by the end of the decade. Worldwide, solar is a $7 billion per year business, […]

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Thermal Energy Not to Proceed with University Project

OTTAWA, ONTARIO–(CCNMatthews – July 27, 2004) – Thermal Energy International Inc. (the "Company") (TSX-V: "TMG") (www.thermalenergy.com) announces that it has elected not to proceed with the recently announced (June 24 and July 8) University contract. Thermal Energy has decided not to proceed with the University contract with Johnson Controls LP (JCLP), at this time due to significant project design specification changes. These changed conditions do not allow the hi-end FLU-ACE solution to be cost effectively applied in order to achieve the maximum energy savings potential available, nor would the solution achieve the desired revenue and margins for the Company. Thermal Energy has been concentrating its resources on the successful closing of two other major, high profile, industrial contracts in association with Johnson Controls LP in Canada. These significant contracts are valued in excess of $ 2 million and are expected to render the desired margins for the Company. These contracts are expected to book by mid to late Fall 2004. Additionally, Thermal Energy is in the discovery and qualification phase for several other major project opportunities in the Midwest and Northeast U.S. About Thermal Energy Thermal Energy is a leading environmental and energy technology company since 1986. Headquartered in Ottawa, […]

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