Tuesday, July 2, 2013

STUFF

Record heat wave blistering US West, of course.

Connecticut "green bank" closed on $60M deal to finance leases for over 2K rooftop solar systems for comm/rez customers.

Green Circle Bio Energy to build $115M wood pellet manufacturing plant in Miss. Will ship product to Europe to replace coal. 500K metric tons of pellets/yr - 50 football fields 2 stories high worth. Trees within 70-mile radius of plant.

U of Del research: flue gas tolerant algae could save 45% energy required to make fuel from algae.

German university found how cells notice absence of O2, produce H.

Caron Products making algae chamber for otimal growth.

Canadian Solar (CSIQ) completed sale of solar farm to Trans Canada.

Rosneft bought last 49% they didn't own of Russian NG producer for $2.9B. Rosneft wants to more than double its NG production by '20, look into LNG ventures.

White House OK'd sugar-to-ethanol buyback. Program may not be implemented in time to avoid forfeitures on sugar loans. 1st to expire end of July. $620M of loans at risk of forfeit.

KiOR (KIOR) Miss plant made 1st shipment since March of cellulosic gasoline. Commenced regular shipments of gas, diesel. Groundbreak for 2nd 40M gal/yr in Miss expected 2H13. Target 3M gal/y for 2H13. Plant capacity 11M gal/y.

Del Monte running 20 of their vehicles in UAE on biodiesel from used cooking oil from McDonalds. Entire fleet by yearend.

Obama announced $7B plan over next 5 yrs to double energy production, power access in 6 Africa countries - Ethiopia, Ghana, Kenya, Liberia, Nigeria, Tanzania. $9B more in private finance. Over 2/3 of those populations have no el access. GE contributed to the $9B, to develop 5Gw new power gen cap in Tanzania, Ghana. Goal to add over 10Gw of clean energy 1st 5 yrs.

Euro Renewable Energy Council says UK 1 of few countries that will miss '20 clean/renewable energy goal. UK ranks 25th of 27 EU states. Only state to miss '11 goal. 21 met '12 goals in '11. Austria, Italy, Sweden expected to reach '20 goal. Belgium, Poland, Spain expected to miss along with UK.

Chint/Astroenergy completed 10Mw PV rooftop solar install in Hangzhou China on new railway station in Yangtze delta area.

Fitch: large investment last few yrs by utilities will pay back big in cost savings, service reliability, demand side management, energy efficiency. Deployment more than doubled in US each year '08-'11.

Solar leasing arrived in NM from Affordable Solar, Sunnova Energy.

Arch Coal selling their 3 Utah mines for $435M to raise cash to weather revenue downturn.

Sauds started program to assess clean/renewable energy potential. 70 stations to measure sun, wind, geothermal, waste sources. 10 already installed. Atlas by yearend.

Irish comp to build biomass-fed power plant in England. 10Mw. Because UK pledged subsidies.

Japan set up clean energy fund for regional econs. $14M this FY. Green Finance Org to choose 5-10 projects.

Macquarie (Australia) to feed its CO2 emissions at coal plant to $138M Algae.Tec plant to produce 0x, algae oil. Macquarie must pay ~A$23 per metric ton of carbon emissions. Algae oil will be turned into biodiesel. Initial production ~50K tons oil/yr. 5x more next 3 yrs. Algae.Tec to fund plant through bond sale in Europe starting end of this month. Construction start in March. Plant online end of '14.

US investment bank targeting $1B finance for Mexico wind power development.

Andhra Pradesh solar power tender attracted 418Mw of bids.

Outerwall bought energy-to-waste recycler ecoATM for $350M.

German wind turbine ball bearing supplier cutting 50% of work force because of overcapacity.

Annual market for "climate adaptation services" est. to grow 12-30%/yr through '20: Environmental Business Intl. $700M in US, $2B in world in '20. Today it's consulting, engineering, specialty firms. Will grow to implementation, construction. 2/3 of cities in world planning for global warming impacts. Water security a major area. "Fortune favors the well prepared."

Lego, Motorola signed up with "WindMade" product label. For businesses that get 25% of their power from clean/renewable sources. 65 members now. New label to require 75% clean/ren, entire supply chain assessment.

MIT researchers found how to use engineered viruses to improve lithium-ion batts, solar cells.

Sustainable Purchasing Leadership Council wants to define, reward smarter, less wasteful sourcing.

Pacific Ethanol (PEIX) joined Russel Microcap Index.

Fed court tossed new SEC rule requiring oil/gas comps to disclose payments made to govts.

Update to LEED standards won approval.

Rising costs, shrinking grants creating "huge" funding crunch for US research. (We really want to INCREASE our research, don't we? Smart research, of course.)

Report: 34% of world's conifers at risk.

Campaign aims to raise awareness of pollutants' effects on Maine lobsters.

EPA approved biofuel feedstocks from 2 invasive species plants despite warnings.

OH nuke reactor shut down from pump probs.

Apple to build solar plant for NV data center.

GM, Honda partnering in fuel cell tech development.

Cost overruns continue at planned Miss carbon-capture coal plant.

No comments:

Post a Comment