STUFF

IEA release of 60M bls of oil over next month to offset Libya. 28 countries to contribute from 4B bl reserve. US to put in half. Europe 30%. The Pacific econ the last 20%. Libya fighting has taken 132M bls off the mart by end of May.

PA's Solar Power Industries furloughed most of their workers at their silicon wafer/solar cell plant in the past 7 wks. Declining demand and lower cost competition from overseas. US imported $1.59B of solar components in '09, but sent $2.31B overseas. Expecting surplus in '10 too. Numbers later this summer.

Google, Citi to invest $102M each on 168MW phase of Tehachapi wind project. Total to be 1.5GW. In addition to the $55M they each invested last month. 720MW now online. 300MW more by year end. El going to S Ca Ed.

Jetstream carried Fuku radiation to US and Europe. Back, um, there in March.

DOE issued conditional loan guarantee for up to $135M to Granite Reliable Power for 99MW wind farm in NH.

Siemens got order for 21 2.3MW wind turbines for Chinese offshore project. Expected online by year end.

Terra Power's (Bill Gates, et al) "wave reactor", endorsed by Huntsman, liked by DOE, is probably headed overseas for pilot project. And THAT, dear pards, is part of what is wrong with the US. Along with those jobs in PA. Terra has to eval how metal (specialized stainless steel alloy) fuel casings in core will withstand radioactive bombardment. Deisgned to run 40-60 yrs without refueling. Conversations with Chinese, Russians, Indians, French. "Breaking ground in '15, startup in '20 is more aggressive than US regulatory structure can support." Apparently, our competitors can. Breeder tech. CTO used to be with Areva.

Canada moving to block "hazardous" listing for asbestos. What the hell is THAT?!

CA committee to consider fracking disclosure bill.

DOE to provide partial loan guarantee - $1.4B - for Project Amp. Install of 733MW of PV solar on 750 industrial rooftops across US. Starts in Sept. My question: how much more loan guarantee money does DOE have?

GE's Ecomagination has generated $85B revs since '05. Growing 2X more than rest of comp. 22 new products/solutions in '10. 110 overall. 5 so far in '11. I can name them. But you got the idea. I'm running out of juice.

In fact, I am out of juice. I'le pick it up manyana.

Onward and upward, pards.