Monday, November 11, 2013
STUFF ... '13 US corn crop est. new record near 14B bushels. 7% over previous record. 30% over '12 (drought). 160 bush/acre, 2nd highest ever ... Egypt attracting $8B for energy sector investment in '13-'14 budget. 14 energy agreements last 2 weeks ... Brazil biofuel supply glut. 7% biodiesel blend coming in Jan. Record soy crop, 10% over last year ... Shell to drill 1st wells next year in $10B Ukraine shale gas project ... Argentina warning Brit oil comps to stay clear of Falklands ... Uranium at lowest prices in 5 yrs, ~$35/pound ... Siemens Kansas plants landed MidAm Energy order. 1,344 wind turbine blades, 448 nacelles through '15 ... Energy consumption in 6 New England states expected to grow 1.1%/yr thru '22: grid operator ... 45Mw wind project proposed for Oahu ... Floating 2Mw wind turbine offshore Fukushima now online. Plans for 2 more 7Mw turbines ... Ford, Microsoft among investors in $1B green bond fund launched last week for "climate smart" investments in emerging markets. 2nd green bond fund this year from Intl Finance Corp. Green bond mart now est. at $346B, double over '12 ... Morgan Stanley launched sustainable investing institute ... JA Solar (JASO) agreements (2) to supply 70Mw thru 1Q14 to China comp for rooftop solar projects ... Quercus expects to raise 3 clean/renewable energy funds next 12 months ... Armstrong Asset Mgmt closed 1st clean/renew energy fund. Focus on small-scale projects in SE Asia. $164M ... ALLETE Clean Energy (MN) to buy 3 wind farms from AES. 231MW ... Co-op Bank (UK) to spin off clean/renew energy finance unit into stand-alone biz ... ACME Group (India) plans to invest up to $1.4B in solar installs next 4-5 yrs ... 2 German parites agree to increase '20 clean/ren energy target to 40% of power gen, cut support for wind ... EPA seeking public input on best ways to reduce carbon emissions from existing power plants ... Enviro group claims water polluted near all 11 TVA coal plants ... Vestas to hire hundreds at 2 plants ... Hawaii's 2 el comps investing in tech that will allow more rooftop solar on their grids.
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