Tuesday, July 5, 2011

STUFF

JASO buying Silver Age Holdings (Virgin I.) for $180M in stock. Doubles their wafer production capac with 485MW/y. Silver Age also makes quartz crucibles, key material in solar manufact. JASO's chairman owned 70% of Silver Age.

French parliament outlawed fracking.

Siemens got order for 108 wind turbines for 389MW wind farm in Irish Sea.

GM, FR, UK, Neth, US, Belgium banks exposure to Portugal - $134B, Greece - $166B, Ireland - $645B, Spain - $781B. (Italy not given). GM banks in for $524B, FR $385B, UK $349B, Neth $185B, US $149B, Belgium $135B. $1.7T total. How has JP gone so long at debt 200% of GDP?

The oil spill in the Yellowstone was reportedly 1k bls in half hour. So that's 48kb/d not being piped from 3 refineries. Again, poor engineering/planning. They say the extraordinary flooding may have been the cause of the ruptured underbed pipe 6 feet down. Well, G. Way to engineer for out of ordinary environmental event.

Kruger Energy completed $310M 101MW wind farm in Ontario. 20-yr PPA with Ontario Power Authority.

Since March '10, state and local govts laid off 326k folks thru May '11. Since 4Q09, state and local spending dropped $8.8B.

McDonald's fueling its trucks in UAE from its own used frying oil. Already been doing it in England, Austria.

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