August 11, 2008 24/7 Energy News Coverage Energy-Daily Advertising Kit
Compressed air cars eyed by industry
New Paltz, N.Y. (UPI) Aug 9, 2008
Although doubted by some as impractical, plans for a car that runs on compressed air is generating a buzz, U.S. industry observers say. Zero Pollution Motors of New Paltz, N.Y., has obtained a license from MDI of Barcelona, Spain, to produce the six-seat "air cars" in the United States, which is says it will begin delivering for less than $18,000 in 2010, CNN reported Saturday. ... read more
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    Iran in new oil money move to dodge sanctions: report
    Tehran (AFP) Aug 9, 2008
    Iran's government has ordered the state oil company to deposit oil revenues only in selected banks in a bid to dodge toughening sanctions over its nuclear drive, local media reported on Saturday. The state-run National Iranian Oil Company (NIOC) had been free to choose where to deposit the tens of billions of dollars Iran receives annually in earnings from its crude oil exports. But a ... more

    US official urges nuclear suppliers to back US-India pact
    Tokyo (AFP) Aug 8, 2008
    A senior US official on Friday urged nuclear supplier states, including Japan, to support the nuclear deal between India and the United States. The plea came as the Nuclear Suppliers Group of 45 nations that export nuclear fuel and technology consider whether to approve a deal under which the US will provide energy-starved India with civilian nuclear fuel and technology. "We certainly ... more

    Sunny Prospects For Solar Cell Manufacturing Equipment Market
    Palo Alto CA (SPX) Aug 11, 2008
    Escalating global population, changing lifestyles, and rapid industrialization has created a huge disparity in demand and supply of crude oil, causing its prices to overshoot the $120 a barrel mark. Natural sources of energy such as oil, coal, and natural gas are milked dry, forcing authorities to explore alternate energy sources. New analysis from Frost and Sullivan, North American Solar ... more

    Russia bombing raid near oil pipeline: Georgian PM
    Tbilisi (AFP) Aug 9, 2008
    Russian warplanes on Saturday staged a raid near a major international oil pipeline that runs through Georgia but did not damage it, Georgia's prime minister said. The 1,774-kilometre (1,109-mile) Baku-Tbilisi-Ceyhan (BTC) oil pipeline is the world's second longest and takes oil from Azerbaijan to Western markets. Prime Minister Lado Gurgenidze told Georgian television: "The area of the ... more

    OCR Chosen For Trilogy By Shea Homes National Solar Power Offering
    Vacaville CA (SPX) Aug 11, 2008
    OCR Solar and Roofing, through their relationship with global leader BP Solar, will install potentially 2,000 BP Solar Home Solutions systems on Trilogy by Shea Homes communities in California, as part of Trilogy's national solar power offering. Trilogy will offer free solar power systems on new homes as part of its ongoing commitment to reducing the carbon footprint of homes in all of its ... more

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    Oil prices turn bearish, but the bulls may yet return
    New York (AFP) Aug 8, 2008
    In less than a month crude oil, which some saw hitting 200 dollars a barrel by year-end, has plunged 32 dollars but a rebound could happen, for example, over the Iranian nuclear crisis, analysts say. From a record-high 147.27 dollars on July 11, the New York futures contract slid to about 115 dollars Friday, losing almost 22 percent in the course of four weeks. In its wake, most other ... more

    IXYS Introduces New Power MOSFETs For Solar Chargers
    Beverly MA (SPX) Aug 11, 2008
    IXYS and Clare have announced the release of new low voltage Power MOSFETs in small SOIC packages with voltage rating of 30V and below 1V of threshold voltage. These devices are optimized for low gate voltage turn on, for synchronous rectification, switching and power control for battery powered portable equipment. A single MOSFET in an SOIC package is the CPC3801N, the dual MOSFETs in one ... more

    GM to export hybrid SUV to Europe, China, Middle East
    Detroit, Michigan (AFP) Aug 8, 2008
    General Motors Corp. said Friday it plans to export its newest hybrid, a version of the Cadillac Escalade sport utility vehicle, to Europe, China and the Middle East. The hybrid powertrain boosts the Escalade's fuel economy by 50 percent in city driving and by 10 percent on the highway, GM officials said. Production of the new hybrid begins next week at an assembly plant in Texas and the ... more

    Duke Energy Carolinas Signs Deal To Turn Landfill Gas Into Energy
    Charlotte NC (SPX) Aug 11, 2008
    Beginning in 2009, gas produced from a landfill in Durham, N.C., will be turned into power to serve customers of Duke Energy Carolinas. The company has announced that it has signed an agreement with Methane Power Inc. to purchase two megawatts of renewable energy generated from the city of Durham landfill, which was closed in the mid-1990s. "This is a great opportunity for the city ... more

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    Australia to work with China to revive world trade talks: PM
    Sydney (AFP) Aug 8, 2008
    The Australian and Chinese trade ministers will work together to attempt to revive the global trade talks which collapsed last month, Prime Minister Kevin Rudd said Friday. The latest Doha round of World Trade Organisation negotiations, which saw emerging powers such as India, China and Brazil take centre stage, fell apart in July in a potentially devastating blow to millions of the world's ... more

    Atlantic Energy Begins Energy Efficiency Project For NJ School District
    Saratoga Springs NY (SPX) Aug 11, 2008
    Atlantic Energy Solutions has just initiated a turn-key energy efficiency and conservation project for its first Southern New Jersey Regional School District. What is going to occur is a significant annual energy savings in cost and wattage usage for the district with a payback of 1.9 years. This equates to taking 6 cars off the road with the 31.8 metric tons of decreased carbon emissions. ... more

    Analysis: Central Asian electricity
    Washington (UPI) Aug 7, 2008
    As the Russian Federation and the United States continue their "son of the Great Game" tussle for the hydrocarbon riches of Central Asia, Washington has quietly and adroitly developed a program that will earn America more profound gratitude from locals than any number of bilateral military operations and lectures on human rights. The U.S. Agency for International Development is reporting ... more

    A Source Of Oil In Lake Baikal
    Moscow (RIA Novosti) Aug 11, 2008
    The deepwater exploration of Lake Baikal by two MIR mini-submarines attracted global attention and has met with significant success. Besides new kinds of worms inhabiting the deep waters, the submarines discovered a crack in the lakebed from which crude oil seeps into the lake. The risk of an environmental disaster threatening Baikal shouldn't be exaggerated, however. The oil thread ... more

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