Monday, July 27, 2015
13 MAJOR US COMPS ANNOUNCED $140B COMMITMENT TO NEW INVESTMENT IN CLEAN ENERGY, DECREASE CARBON FOOTPRINTS. Part of White House initiative .... H. Clinton released clean energy goals if elected. Clean energy in every US home within a decade .... China allowing lawsuits v. polluters. 1st time in 25 yrs .... Weakened solar activity could speed Greenland ice melt: report .... El Nino threatens biodiversity on Galapagos: scientists .... Car-free days in European cities to tackle emissions .... EV share program launched in L.A. for low income, disadvantaged folks. State law a reason .... Iran plans $185B of oil/gas projects by '20. World's largest NG reserves, 4th largest oil reserves. $2B already done deals .... Canada NG exports down 21% '10-'14 .... Canadian Solar (CSIQ) completed 100Mw farm in Ontario .... Pemex missing 2.7M bls oil. (Whoops.) .... US oil rig count up 21 last week .... Monthly cost of storing, financing oil barrel at Cushing tripled in last 2 months .... US natgas storage up 28% v. '14 at 2.8TCF. 3% above 5-yr avg .... 5-day planned ceasefire in Yemen for humanitarian relief .... Over $16T corp debt in China. $800B to rescue stock market so far .... Russia/China NG pipeline project postponed indefinitely over slowing NG demand in China, up only 2% in 1H15 .... China's direct investment in Russia down 25% yoy in 1H15. Trade between them down 30% .... Russia inflation up 16% in 1Q15. Real wages down 14% in May. 9.4% drop in retail sales in June. IMF est. their GDP to drop 3.8% in '15. Reserve fund may be depleted by '17 at present rate. ~25% of regional govts virtually bankrupt .... Russia oil production may drop 800Kb/d by '17 .... Bechtel ground break on 700Mw combined-cycle NG power plant in OH. Online in '17 .... Sunpower (SPWR) bought 100Mw Nevada project from KOMIPO. Online in '16 .... Hydro-Quebec RFP for 6Mw wind project .... Trans Alta (Canada) to buy 71Mw clean power assets in US, including 1st solar, for $75.8M + $41.8M debt, obligations. 21Mw solar in Mass, 50Mw of wind in MN .... J-Power started building 16Mw wind project in Japan. Online in early '17. Enercon 2.3Mw turbines .... EDF deployed 150Mw solar in India .... Kodiak Island was spending $7M/yr on 2.8M gal of diesel for power. Now gets all power from wind, hydro.
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