Senator Graham to block DOE nominee confirmation until he gets commitment for facility in SC to turn weapons-grade material into nuke power fuel.
Tesoro plans to boost West Coast rail capacity to move more crude.
China solar PV demand down 23% in 1Q13 to 6.2Gw. Europe's PV demand est. 2.7-3.2Gw this year. Japan will be strongest in 1H, US should pick up in 2H. "Rest of world" to provide 2.5-3.6Gw of demand.
Asia Development Bank providing $85M to solar unit of Thailand's Electricity Generating Public for 3 solar plants, total 57Mw.
Taiwan planning subsidies for biogas power gen at local govt level (landfills, probably). Aps for 65-500Kw projects.
Clenergy - a China-Australia JV - to develop 300Mw of solar plants in China for $625M through '15.
Southern Cross Renewable Energy Fund contributing 1/2 of over $9M investment in H storage tech project. The VC fund established under Australia's $100M Renewable Energy VC Fund Program. Matching funds from Softbank China VC.
India filed charges with WTO charging US with same trade restrictive practices that US accuses India of. Dispute over domestic content requirements for clean/renewable energy projects.
420Mw wind farm in Australia reached full capacity in March. $1B project.
CK Solar Korea to install 300Mw solar plant in Pakistan. $900M cost, '16 completion. 1500 acres already procured by govt.
AGL Energy (Australia) to build AUS$200M, 50Mw CdTe solar plant in Australia. FSLR modules. '15 open.
Energy Australia, Origin Energy together control over 1/2 of Australia's el mart. Stopped signing PPAs for clean/renew energy projects. National election (Sept) politics.
Solar City New Zealand, Panasonic New Zealand partnering on 131Kw solar system to power desalination plant on Nauru (world's smallest republic).
India avg peak demand exceeds supply by over 10Gw, ~8%. Estimate capacity needs to reach 960Gw by '31-'32 to support 9%/yr GDP growth. 37Gw of new gen cap needs to be installed per year to meet that.
S Africa metal workers pension funds to invest $109M on clean/ren energy projects. Expecting pow gen shortage this winter.
Anonymous donors have been coming forward to fund solar projects at schools, universities, municipalities across US.
Heliac (AZ) launching microalgae production platform. "Volaris." A "game changer". Flex tech to produce specific customer needs. 20-acre commercial scale facility to open in Q3. Expansion to Indonesia to begin later this year. Mars family main investors. Not yet profitable for biofuels. To sell products and systems.
Iowa farmers earning 40 cents/bushel premium on Enogen (Syngenta) corn. Replaces need for alpha amylase enzyme in ethanol production.
Black Gold Biofuels (NC) opened recycling facility for restaurant wastewater. Cleans up water, recovers oils for biofuels.
U of Exeter (UK) team, with Shell support, developing method to make bacteria produce diesel on demand. Special strains of E coli. Almost identical to conventional diesel.
Stricter sustainability requirements - water, bird biospheres - hampering Europe biodiesel trade. Especially in Germany.
Saud's shale gas hopes dashed due to lack of water.
GM says plug-in "Spark" has 82 mile range. 119 MPG equivalent. Full refuel in 7 hrs on 240V charger. Soon capable of 20 min charge for 80% refill.
Drax (UK) got $115M loan to convert UK's largest coal-fired power plant to biomass. Total project funding ~$815M Pounds. Initial switch of 3 of 6 units to burn wood pellets next 3-4 yrs.
Conergy (Germany) started up 4.5Mw UK solar power plant for Lightsource Renewable Energy.
Intl Finance Corp (World Bank unit) to lend up to $50M to Acme Solar Energy (India) for 25Mw PV solar plant in Madhya Pradesh.
Fisker to face lawmakers after failure to make DOE loan payment. (Another media circus?)
Judges upheld EPA air permits for Shell's Alaska operations.
DOI set August lease of 21M acres in western Gulf of Mex.
AEP's coal use growing as NG prices stay up over $4.
Wednesday, April 24, 2013
WEDNESDAY OPEN
(stock #s in %)
Market down 21/6/0. Volume slightly heavy. Oil: WTI up around $90, Brent over $100. NG down to $4.26. US durable goods orders down.
RSOL up 36 on contract news, jump over top (50-day) lines. SENY up 22, just over bottom (50s) lines. TMEN up 22, also jump over bottom (50s) lines. AMLM up 16. XSNX up 15, up to bottom (50s) lines. RVLT up 12 more, pretty sure it tops out today or tomorrow. WWPW up 11, crazy range but over top line. SPIR up 10 on 100 shares. FSLR up 8, new high. AMTX up 6, another jump up at open. ECTY up 6, new high, may be topping out too, triple since Jan. NENE up 5, above Jan highs.
GERS down 30. ASIUF down 19. CSGH down 16. GWBU down 16. ENSL down 15. CBAK down 14, new low. INIS down 13. CERP down 4. NTCXF down 3. PSON down 2.
Market down 21/6/0. Volume slightly heavy. Oil: WTI up around $90, Brent over $100. NG down to $4.26. US durable goods orders down.
RSOL up 36 on contract news, jump over top (50-day) lines. SENY up 22, just over bottom (50s) lines. TMEN up 22, also jump over bottom (50s) lines. AMLM up 16. XSNX up 15, up to bottom (50s) lines. RVLT up 12 more, pretty sure it tops out today or tomorrow. WWPW up 11, crazy range but over top line. SPIR up 10 on 100 shares. FSLR up 8, new high. AMTX up 6, another jump up at open. ECTY up 6, new high, may be topping out too, triple since Jan. NENE up 5, above Jan highs.
GERS down 30. ASIUF down 19. CSGH down 16. GWBU down 16. ENSL down 15. CBAK down 14, new low. INIS down 13. CERP down 4. NTCXF down 3. PSON down 2.
Tuesday, April 23, 2013
TUESDAY CLOSE
(stock #s in %)
Market up 152/35/16. Volume a little over normal. Nothing like a fake tweet from AP to give us a crazy coaster. Hang on, kids. Oil: WTi up over $89, Brent over $100. NG $4.27.
CRGE up 145, jump off 50-day lines. CBWP up 33. XDSL up 29. RVLT up 22, way new high. How far do they go? VECO up 16, jump way back. HIIT up 16, back near highs on light volume. CERP up 12. CRCL up 12. POWR up 12, way new high, over triple since Aug. ECTY up 11, back to highs, triple since Jan. AMEL up 11. SENY up 11. CHGI up 10. LMRMF up 10. LSCG up 10. LEDS up 9, in between 50s and 200s. AIXG up 9, jump back into lines. NENE up 6. AMTX up 5, gaining traction. FSLR up 4. ZAAP up 2.
ONYX down 90. BLQNE down 56. MMMW down 53. ECOS down 45. CSKH down 38. WTWO down 25. BLDP down 24. BOPO down 20. SWET down 17. GSPI down 17. CABN down 16. GERS down 16. CSOL down 14. PTOS down 13. BSRC down 11. VLNCQ down 10. XSNX down 3. PSON down 1.
Market up 152/35/16. Volume a little over normal. Nothing like a fake tweet from AP to give us a crazy coaster. Hang on, kids. Oil: WTi up over $89, Brent over $100. NG $4.27.
CRGE up 145, jump off 50-day lines. CBWP up 33. XDSL up 29. RVLT up 22, way new high. How far do they go? VECO up 16, jump way back. HIIT up 16, back near highs on light volume. CERP up 12. CRCL up 12. POWR up 12, way new high, over triple since Aug. ECTY up 11, back to highs, triple since Jan. AMEL up 11. SENY up 11. CHGI up 10. LMRMF up 10. LSCG up 10. LEDS up 9, in between 50s and 200s. AIXG up 9, jump back into lines. NENE up 6. AMTX up 5, gaining traction. FSLR up 4. ZAAP up 2.
ONYX down 90. BLQNE down 56. MMMW down 53. ECOS down 45. CSKH down 38. WTWO down 25. BLDP down 24. BOPO down 20. SWET down 17. GSPI down 17. CABN down 16. GERS down 16. CSOL down 14. PTOS down 13. BSRC down 11. VLNCQ down 10. XSNX down 3. PSON down 1.
STUFF
Wisc utility to shut down several coal-fired units, pay $2.4M penalty for Clean Air Act violations in settlement with EPA, DOJ.
Dozen states, led by TX, charge EPA regs to address climate change overstep authority in Clean Air Act.
NYC launching electric taxi pilot program this week.
Harvard study says FracFocus.org has "serious flaws" as means of disclosure of fracking chems. State govts shouldn't rely on it. Doesn't account for different state requirements. Prevents many kinds of searches. Gives drillers too much leeway to miss deadlines, withhold info as trade secrets.
Over 1/2 of states with RPS looking at paring back the clean/renewable energy mandates for utilities because of NG prices.
Kinder Morgan taking advantage of high RIN prices. To start blending biodiesel at 2 reconfigured facilities. Together can produce ~700K gal worth of excess RINs/mo.
DOE announced up to $17.7M in grants to 4 pilot-scale biorefinery projects aimed at military-spec fuels. Cobalt Tech, Mercurius Biofuels, BioProcess Algae, Frontline BioEnergy selected for negotiation. Recipients required to contribute minimum 50% match funds.
U of Washington researchers show H sulfide in low doses can greatly enhance plant growth. Significantly more biomass produced.
Indonesia officials seeking bilateral deal with EU on biodiesel dumping claims. EU alleges Indo paid producers 21-31 cents/liter subsidy. Indo says it was 10 cents to boost domestic consumption.
Europe ethanol industry expected to boost production after anti-dumping measures levied on ethanol imports from US. Brazil imports expected to rise. US ethanol imports reached 30% of total imports in '11. Now ~5%.
Kenana, Nile Petroleum to intro E10 in N Sudan Sunday. Kenana production capacity 65M liters/yr. Has been exporting to Europe.
Tamil Nadu govt (India) to invest in 450K liter/yr ethanol distillery at co-op sugar mill. Also boosted sugarcane prices to boost production.
MIT researchers created solar cells that beat Shockley-Queisser efficiency limit (34%). Performed "proof of principle" of idea from '60s. Singlet exciton fission. Each photon can knock 2 electrons loose instead of normal 1. Using organic compound - "pentacene" - in organic cell to "coat" optical trapping scheme.
Carlos Slim looking to invest in Saud petrochem projects. (That's all he can think of?!)
Rising costs forcing BP to re-eval $10B "Mad Dog 2" project in Gulf of Mex. Was expected to start this year, oil flow before '20. Field est. 4B bls oil equiv.
Zinc Air ready to release their batt tech. Zinc-iron redox flow batt. ~6 months from 1st commercial project. Est. sales $16M this yr. $165M in follow-on projects. To market to micro-grid projects.
Greenbriar Capital (Canada) (GEBRF) to buy 80Mw Utah wind project. To incur at least 5% of total project cost by yearend to pick up fed subsidy.
Monarch Power (US) offering to buy AZ solar manufacturing plant Suntech (China) says it will close (43 jobs). Good fit to make Monarch's "flower power" Lotus Mobile solar units. 1.1Kw and 2.4Kw.
U of MD Med System, Constellation, BITHENERGY completed 3.66Mw solar project in MD. Constellation to own, sell power to UMMS.
Foxconn unit to make solar panels in Mexico for MEMC's Sun Ed. Up to 350Mw/yr production capacity. Sun Ed has 2.6Gw in projects pipe.
Showa Shell (Japan) unit, Development Bank of Japan to build 11.6Mw solar plant at Osaka airport. Solar Frontier panels.
Brazil plans to lower taxes, extend low-cost credit lines for ethanol producers to boost output, lower prices. Eth output to rise to 6.8B gal in current crop year just begun. Govt also raising eth blend next month to E25 from E20 now.
India to fund almost 1/3 of solar plant construction costs in next tranche. Seeking bids next month on 750Mw capacity. Offering grants of up to $46K/Mw.
BYD (China) (BYDDF) plans to issue ~20% of new shares to raise ~$500M. Up to 159M new shares. Buffett owns 10% now. BYD plans to abandon gasoline-powered vehicle lines next 2 yrs to go all electric.
UPS to buy 700 new LNG vehicles. Also to build 4 refueling stations by end of '14 for $18M. Worldwide they have over 1K NGVs and total alt fuel fleet of over 2.6K vehicles. EVs, hybrids, propane, CNG, biomethane.
Kyocera supplying solar modules to Provision Solar for rooftop installs at 8 auto dealers on Hawaii. 234Kw installed at 4 since Dec. Producing up to 100% of dealers' el needs.
Fed appeals court ruled EPA's retro veto of WV mountain top removal coal project under Clean Water Act was legal.
States, cities asking Supreme Court to review cross-state air pollution ruling.
Monsanto holding pond leaked millions of gallons in ID.
Breathing has become childhood health risk in China.
Bulgaria will back pesticide ban to protect bees.
Dozen states, led by TX, charge EPA regs to address climate change overstep authority in Clean Air Act.
NYC launching electric taxi pilot program this week.
Harvard study says FracFocus.org has "serious flaws" as means of disclosure of fracking chems. State govts shouldn't rely on it. Doesn't account for different state requirements. Prevents many kinds of searches. Gives drillers too much leeway to miss deadlines, withhold info as trade secrets.
Over 1/2 of states with RPS looking at paring back the clean/renewable energy mandates for utilities because of NG prices.
Kinder Morgan taking advantage of high RIN prices. To start blending biodiesel at 2 reconfigured facilities. Together can produce ~700K gal worth of excess RINs/mo.
DOE announced up to $17.7M in grants to 4 pilot-scale biorefinery projects aimed at military-spec fuels. Cobalt Tech, Mercurius Biofuels, BioProcess Algae, Frontline BioEnergy selected for negotiation. Recipients required to contribute minimum 50% match funds.
U of Washington researchers show H sulfide in low doses can greatly enhance plant growth. Significantly more biomass produced.
Indonesia officials seeking bilateral deal with EU on biodiesel dumping claims. EU alleges Indo paid producers 21-31 cents/liter subsidy. Indo says it was 10 cents to boost domestic consumption.
Europe ethanol industry expected to boost production after anti-dumping measures levied on ethanol imports from US. Brazil imports expected to rise. US ethanol imports reached 30% of total imports in '11. Now ~5%.
Kenana, Nile Petroleum to intro E10 in N Sudan Sunday. Kenana production capacity 65M liters/yr. Has been exporting to Europe.
Tamil Nadu govt (India) to invest in 450K liter/yr ethanol distillery at co-op sugar mill. Also boosted sugarcane prices to boost production.
MIT researchers created solar cells that beat Shockley-Queisser efficiency limit (34%). Performed "proof of principle" of idea from '60s. Singlet exciton fission. Each photon can knock 2 electrons loose instead of normal 1. Using organic compound - "pentacene" - in organic cell to "coat" optical trapping scheme.
Carlos Slim looking to invest in Saud petrochem projects. (That's all he can think of?!)
Rising costs forcing BP to re-eval $10B "Mad Dog 2" project in Gulf of Mex. Was expected to start this year, oil flow before '20. Field est. 4B bls oil equiv.
Zinc Air ready to release their batt tech. Zinc-iron redox flow batt. ~6 months from 1st commercial project. Est. sales $16M this yr. $165M in follow-on projects. To market to micro-grid projects.
Greenbriar Capital (Canada) (GEBRF) to buy 80Mw Utah wind project. To incur at least 5% of total project cost by yearend to pick up fed subsidy.
Monarch Power (US) offering to buy AZ solar manufacturing plant Suntech (China) says it will close (43 jobs). Good fit to make Monarch's "flower power" Lotus Mobile solar units. 1.1Kw and 2.4Kw.
U of MD Med System, Constellation, BITHENERGY completed 3.66Mw solar project in MD. Constellation to own, sell power to UMMS.
Foxconn unit to make solar panels in Mexico for MEMC's Sun Ed. Up to 350Mw/yr production capacity. Sun Ed has 2.6Gw in projects pipe.
Showa Shell (Japan) unit, Development Bank of Japan to build 11.6Mw solar plant at Osaka airport. Solar Frontier panels.
Brazil plans to lower taxes, extend low-cost credit lines for ethanol producers to boost output, lower prices. Eth output to rise to 6.8B gal in current crop year just begun. Govt also raising eth blend next month to E25 from E20 now.
India to fund almost 1/3 of solar plant construction costs in next tranche. Seeking bids next month on 750Mw capacity. Offering grants of up to $46K/Mw.
BYD (China) (BYDDF) plans to issue ~20% of new shares to raise ~$500M. Up to 159M new shares. Buffett owns 10% now. BYD plans to abandon gasoline-powered vehicle lines next 2 yrs to go all electric.
UPS to buy 700 new LNG vehicles. Also to build 4 refueling stations by end of '14 for $18M. Worldwide they have over 1K NGVs and total alt fuel fleet of over 2.6K vehicles. EVs, hybrids, propane, CNG, biomethane.
Kyocera supplying solar modules to Provision Solar for rooftop installs at 8 auto dealers on Hawaii. 234Kw installed at 4 since Dec. Producing up to 100% of dealers' el needs.
Fed appeals court ruled EPA's retro veto of WV mountain top removal coal project under Clean Water Act was legal.
States, cities asking Supreme Court to review cross-state air pollution ruling.
Monsanto holding pond leaked millions of gallons in ID.
Breathing has become childhood health risk in China.
Bulgaria will back pesticide ban to protect bees.
TUESDAY OPEN
(stock #s in %)
Market up 128/33/13. Volume normal. Market betting ECB to cut rates. China manufacturing growth slowed. Oil: WTI down under $89, Brent down under $100. NG up to $4.33.
HIIT up 16, 2-day rebound off top (50-day) lines, back near highs. CERP up 16, back on 50-days. VECO up 15, supposedly on short squeeze, jump from bottom (200s) lines to near highs. LEDS up 12, off 50s to bottom 200. AMTX up 12 on yesterday's news of plant restart, jump to near top lines at open, double bottom. RVLT up 11, new high, up over 10x since Sept. LMRMF up 10, back over 50s. XDSL up 8 on news. ECTY up 8, day 2 of recovery from profit taking, back near highs. NENE up 5, climbing out. CREE up 3, new high, double since Oct. ZAAP up 2.
CSKH down 38. MMMW down 16. PTOS down 13 after yesterday's jump. SWET down 10, back to bottom 200. XSNX down 3. PSON down 1.
Market up 128/33/13. Volume normal. Market betting ECB to cut rates. China manufacturing growth slowed. Oil: WTI down under $89, Brent down under $100. NG up to $4.33.
HIIT up 16, 2-day rebound off top (50-day) lines, back near highs. CERP up 16, back on 50-days. VECO up 15, supposedly on short squeeze, jump from bottom (200s) lines to near highs. LEDS up 12, off 50s to bottom 200. AMTX up 12 on yesterday's news of plant restart, jump to near top lines at open, double bottom. RVLT up 11, new high, up over 10x since Sept. LMRMF up 10, back over 50s. XDSL up 8 on news. ECTY up 8, day 2 of recovery from profit taking, back near highs. NENE up 5, climbing out. CREE up 3, new high, double since Oct. ZAAP up 2.
CSKH down 38. MMMW down 16. PTOS down 13 after yesterday's jump. SWET down 10, back to bottom 200. XSNX down 3. PSON down 1.
Monday, April 22, 2013
MONDAY CLOSE
(stock #s in %)
Market up 19/27/7. Volume a tweak heavy. Naz back above 50-day lines. Oil: WTI up over $88, Brent up over $100. NG down to $4.27. Wealth fleeing Switzerland for Singapore. EU lifted Syria oil embargo to help rebs.
BLQNE up 132 on 306 shares. Huh. CSGH up 70 on 600. PWER up 56 and gone. Bought. IFXY up 42, up to 50s. WTWO up 33. GERS up 33. BLDW up 31, hit top 50, closed below. ZNNMF up 20, 3-day jump through 2 lines to bottom 50, almost up 50 in 3 days. Double bottom dealio looking like. CSKH up 20. SWET up 16, back over bottom 200 off of 50s. Looking like a buy. Another one to check out. BFRE up 12. INIS up 11. XIDE up 10 off recent plunge bottom. NENE up 6, they keep going up. ECTY up 5, turned around fall. CERP up 4, turned around too. LEDS up 1. RVLT, AMTX flat.
BHWX down 37. NGLPD down 28. DSTI down 20, new low. SENY down 18. Could be bottoming, though only 10% - maybe - of new comps make it past bankruptcy. Choosing those 10 out of 100 is what investing is all about. CRCL down 15. ASPW down 15, heading to July low. CABN down 14. ORYN down 12, back off 50s (bottom lines). BSRC down 11, back under 50s, maybe double bottom. NTCXF down 10, back down through 3 bottom lines. HIIT down 5. XSNX down 3. PSON, ZAAP down 2. PTOS down 1.
Market up 19/27/7. Volume a tweak heavy. Naz back above 50-day lines. Oil: WTI up over $88, Brent up over $100. NG down to $4.27. Wealth fleeing Switzerland for Singapore. EU lifted Syria oil embargo to help rebs.
BLQNE up 132 on 306 shares. Huh. CSGH up 70 on 600. PWER up 56 and gone. Bought. IFXY up 42, up to 50s. WTWO up 33. GERS up 33. BLDW up 31, hit top 50, closed below. ZNNMF up 20, 3-day jump through 2 lines to bottom 50, almost up 50 in 3 days. Double bottom dealio looking like. CSKH up 20. SWET up 16, back over bottom 200 off of 50s. Looking like a buy. Another one to check out. BFRE up 12. INIS up 11. XIDE up 10 off recent plunge bottom. NENE up 6, they keep going up. ECTY up 5, turned around fall. CERP up 4, turned around too. LEDS up 1. RVLT, AMTX flat.
BHWX down 37. NGLPD down 28. DSTI down 20, new low. SENY down 18. Could be bottoming, though only 10% - maybe - of new comps make it past bankruptcy. Choosing those 10 out of 100 is what investing is all about. CRCL down 15. ASPW down 15, heading to July low. CABN down 14. ORYN down 12, back off 50s (bottom lines). BSRC down 11, back under 50s, maybe double bottom. NTCXF down 10, back down through 3 bottom lines. HIIT down 5. XSNX down 3. PSON, ZAAP down 2. PTOS down 1.
STUFF
Earth Day 43. Furlough day for some at EPA. We've come a long way. And have a long way to go.
Deluge ended New Zealand's most widespread drought in 30 yrs.
FL 4th state to sue BP over Gulf spill.
Gorbachev complaining of world's "weak" response to climate change.
Backers halted NG pipeline project from PA to East Coast.
ND legislators seeking to cut NG flaring with tax breaks for oil producers.
Solar PV module industry revenues est. to decline 20% this year to $20.5B. Downturn expected to continue through '14, then turn up through '17 to $32B. Global capacity expanded by '11 to 45Gw/y, but only 29Gw sold in '12.
Annual spending on clean energy may rise to $630B by '30 from $190B last year: Bloomberg. But slower global econ growth, lower fossil fuel prices, weaker climate policies could bring it down to $470B.
Washington farmers expected to grow 67% more canola this year. Oregon 78% more. Idaho 45K more acres. Nationally, though, canola acreage expected to shrink 6% to 1.65M acres. Higher demand for biofuel feedstock, cooking oil.
Aemetis (Cal) (AMTX) transitioned 60Mgal/y corn ethanol plant to advanced biofuels - sorghum (milo). Started back up. Will save over $18M in feedstock costs. Added to $24M cash from RINs, subtract ~$8M for increased use of biogas gives ~$34M/yr increase in net cash flow. Cash flow value of stock then ~$6/share. Trading at 41 cents today. They bought plant in '12 for $15M cash, 11% stock. Plant cost $132M to build. Cost ~$5M to convert from corn to milo.
Algae research project by U Cal and Scripps Inst of Oceanography new harvest system processes up to 9K gal algae-laden water per minute @ 95% capture rate. Yileds up to 20% algae concentrations.
Malay comp bought 30Mg/y biodiesel plant for $11.5M. Online July.
VA Tech researchers succeeded in transforming cellulose into starch - amylose. Good source of dietary fiber. Decreases risk of obesity, diabetes. Cascading enzymes process takes cellulose from non-food plant material, converts ~30% to amylose. Remainder hydrolyzed into glucose suitable for ethanol production.
Chrysler to lose ~$10K on each batt-powered Fiat 500e it sells. Car's lith-ion batt pack delivers 111HP. 87 miles on single charge. $32,500 price. Then $7,500 fed tax cred plus various state creds. Meanwhile, Chrysler has developed 8, 9-speed transmissions that improve efficiency up to 30%.
EPA proposing rule aimed at curbing wastewater discharges laced with heavy metals, other toxins from coal, nuke power plants. Another rule pending on disposal of coal ash.
Supreme Court upheld ruling against Occidental over rainforest pollution.
Report: aviation's push for renewable fuels may cost enviro.
Fracking decision coming for George Washington National Forest.
DOE pledging $18M for pilot projects on "drop-in" biofuels for military.
US, Israeli scientists announced biofuels research collab.
Guard exchanged fire with someone outside Tenn reactor.
Decommissioning Wisc nuke plant to cost near $1B.
WY NG storage site exploded.
Chevron fighting Cal carbon mandate it helped create.
China ramping up subsidies for hybrids.
IAEA: Fukushima cleanup may take up to 40 yrs.
Intl Finance Corp planning to issue $1B/yr of Green Bonds. Resounding success of last month's $1B issue.
Germany's PNE Wind planning to issue $131M corp bond.
Hawaii pushing through legislation to set up new "green infrastructure authority". To make loans for rooftop solar installs repayed by el savings. Hawaii goal 70% of energy from clean/ren, conservation by '30.
New PNC Bank branch in FL 50% more efficient than existing branches. Expected to produce more energy than it uses. Bank has 119 LEED bldgs, more than any other comp in world. Goal to reduce energy use 30% by '20 (from '09).
Deluge ended New Zealand's most widespread drought in 30 yrs.
FL 4th state to sue BP over Gulf spill.
Gorbachev complaining of world's "weak" response to climate change.
Backers halted NG pipeline project from PA to East Coast.
ND legislators seeking to cut NG flaring with tax breaks for oil producers.
Solar PV module industry revenues est. to decline 20% this year to $20.5B. Downturn expected to continue through '14, then turn up through '17 to $32B. Global capacity expanded by '11 to 45Gw/y, but only 29Gw sold in '12.
Annual spending on clean energy may rise to $630B by '30 from $190B last year: Bloomberg. But slower global econ growth, lower fossil fuel prices, weaker climate policies could bring it down to $470B.
Washington farmers expected to grow 67% more canola this year. Oregon 78% more. Idaho 45K more acres. Nationally, though, canola acreage expected to shrink 6% to 1.65M acres. Higher demand for biofuel feedstock, cooking oil.
Aemetis (Cal) (AMTX) transitioned 60Mgal/y corn ethanol plant to advanced biofuels - sorghum (milo). Started back up. Will save over $18M in feedstock costs. Added to $24M cash from RINs, subtract ~$8M for increased use of biogas gives ~$34M/yr increase in net cash flow. Cash flow value of stock then ~$6/share. Trading at 41 cents today. They bought plant in '12 for $15M cash, 11% stock. Plant cost $132M to build. Cost ~$5M to convert from corn to milo.
Algae research project by U Cal and Scripps Inst of Oceanography new harvest system processes up to 9K gal algae-laden water per minute @ 95% capture rate. Yileds up to 20% algae concentrations.
Malay comp bought 30Mg/y biodiesel plant for $11.5M. Online July.
VA Tech researchers succeeded in transforming cellulose into starch - amylose. Good source of dietary fiber. Decreases risk of obesity, diabetes. Cascading enzymes process takes cellulose from non-food plant material, converts ~30% to amylose. Remainder hydrolyzed into glucose suitable for ethanol production.
Chrysler to lose ~$10K on each batt-powered Fiat 500e it sells. Car's lith-ion batt pack delivers 111HP. 87 miles on single charge. $32,500 price. Then $7,500 fed tax cred plus various state creds. Meanwhile, Chrysler has developed 8, 9-speed transmissions that improve efficiency up to 30%.
EPA proposing rule aimed at curbing wastewater discharges laced with heavy metals, other toxins from coal, nuke power plants. Another rule pending on disposal of coal ash.
Supreme Court upheld ruling against Occidental over rainforest pollution.
Report: aviation's push for renewable fuels may cost enviro.
Fracking decision coming for George Washington National Forest.
DOE pledging $18M for pilot projects on "drop-in" biofuels for military.
US, Israeli scientists announced biofuels research collab.
Guard exchanged fire with someone outside Tenn reactor.
Decommissioning Wisc nuke plant to cost near $1B.
WY NG storage site exploded.
Chevron fighting Cal carbon mandate it helped create.
China ramping up subsidies for hybrids.
IAEA: Fukushima cleanup may take up to 40 yrs.
Intl Finance Corp planning to issue $1B/yr of Green Bonds. Resounding success of last month's $1B issue.
Germany's PNE Wind planning to issue $131M corp bond.
Hawaii pushing through legislation to set up new "green infrastructure authority". To make loans for rooftop solar installs repayed by el savings. Hawaii goal 70% of energy from clean/ren, conservation by '30.
New PNC Bank branch in FL 50% more efficient than existing branches. Expected to produce more energy than it uses. Bank has 119 LEED bldgs, more than any other comp in world. Goal to reduce energy use 30% by '20 (from '09).
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