Tuesday, October 11, 2011

STUFF

OPEC cut demand forecast for rest of year (reported yesterday here) and expects no demand increase in '12. Huh. Even with China and India car sales. Huh.

Israeli Electric corp to build $1.3B 240MW solar project in N China. $750M in solar farms, $540M of rooftop. IEC's first solar project. Forming subsid to do foreign ventures, registering it in Cyprus so they can operate in countries without Israeli relations and because of the low tax regime. Just the way it is.

Chinese energy comps have invested $16.7B in Canada energy comps since late '09.

Chevrolet chose 16 projects in part of $40M plan to elim 8M metric tons of CO2 emissions. See the USA in your Chevrolet.

Russia dialed back taxes on crude oil exports Oct 1.

25 states asked fed court to make EPA wait a year to finalize emission limits for coal power plants. Scheduled to be finalized next month. "Could cause electric rates to rise 10-20% in some areas of country."

Japan looking to export their nuke tech. I'm sorry, that gave me a laugh. But what the hell, Russia does. Radiation leak, meanwhile, reported at Brookhaven lab.

Bank of America study says US solar market will survive near-term clouds to become world's biggest.

EU emissions show biggest annual increase in 20 years.

Austin's Pecan Street Project wants to get EV's, home E mgmt, solar panels, household batts, etc. talking with each other and the grid to favorably shape peak load.

Global cleantech saw $2.2B invested in Q3, up from $1.8B in 3Q10. And increase in financing rounds v. 2Q (189 v. 179).

US residential solar installs fell 5.9% in 2Q11 from 1Q11 to 60MW. 2nd negative growth Q in a row.

Thailand to start exporting sugarcane ethanol in '12. Phillipines seen as main market.

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