Yea, Greece may or may not get the money. $48k/y in retirement?! Retire at age what?! What the hell. What else going on. O yea, our super committee in Congress and OUR debt/deficit problem. And our hate politics. Hate the hate. Let's get out of the box. Do dah.
The nuze:
French solar panel maker Photowatt - ONLY French panel maker, subsid of Canada's ATS, began bankruptcy proceedings citing drop in demand, tough competition (wah). Failed to find buyer.
SPWRA restructuring to cut costs 10%.
Exxon oil production declining ~2%/yr lately, but NG production up 14% yoy @ 12.9BCF/d thru 1st 9 mo.
GE to supply turbines for 2 wind farms totaling 70MW projected online 2H12.
United Airlines to make 1st commercial flight in 737-800 using 40% SZYM algae-based biofuel. Houston to Chicago.
GTAT reports on Monday.
Edison Mission Group announced $145M 80MW wind farm in Nebraska. 20-yr PPA with Neb Pub Pwr District. EMG's 3rd wind project in Neb.
DONG Energy to test Vestas' 7MW offshore wind turb in '13 off Jutland.
BP Wind signed off on $750M of wind turb/maintenance agreements with GE to further build out their US portfolio. Total gen 560MW. 144 in PA, 419 in Kansas. Both online by year-end '12. 4Q11 starts.
Coran California Development to be making grid connects for 102MW Mojave wind farm. Vestas 3MW turbines.
Third Planet Windpower turned on 2nd wind farm in Nebraska. 40MW. $100M. 20-yr PPA with Omaha Public Power District.
FERC decision against Idaho PUC blowing new life into at least 17 wind power projects. FERC leaving it up to developer to bring its own legal action to seek state approval. Goes back to '78 fed law that opened up el market to small producers.
US venture cap investment in clean tech up 73% to $1.1B in 3Q over last year. 76 deals, up 36%. Energy storage got $421M, fuel cells leading with $225M. Bloom the leader with $150M. Solar led gen side with $255M (down 2% yoy). 44 new-build clean E asset financings with disclosed value of $6.8B. Solar had $5B of that. 20 deals. NextEra Energy (largest US wind power producer) plans to spend $5.8B next 3 yrs on wind and solar projects.
Made-in-Nigeria solar panels to power rural internet centers.
El system faults #1 cause of offshore turbine downtime.
Plans for stretchable, invisible solar cells to cover the whole of cars or buildings. Hello.
Al Gore: short-term thinking "functionally insane" for biz energy/enviro sustainability. Maybe that's our problem. We're all functionally insane. Any hanging chads, anyone?
Americans not doing enough to stop their homes from being energy hogs. OK, we're talking about Americans WITH homes.
USA uses ~2TCF of NG storage every winter. Going up, though.
Happy trailers, pards.
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