| September 25, 2008 | ![]() |
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China, Venezuela step up energy cooperation Beijing (AFP) Sept 24, 2008
China and Venezuela signed several energy agreements in Beijing on Wednesday that will allow the South American country to export half a million barrels of oil a day to the Asian giant from 2009. The agreements are part of a three-day visit by Venezuelan President Hugo Chavez to China that began on Tuesday, aimed at developing cooperation with Beijing, which it calls a "strategic ally." ... read moreEnvironment-friendly products output to double: UN
United Nations (AFP) Sept 24, 2008Production of environmentally friendly goods is set to double, with turnover of 2.7 billion dollars a year by 2020, a report released Wednesday at the United Nations said. "We are not talking about niche markets anymore. We are talking about millions of jobs that are emerging across the global economy," said Achim Steiner, UN Environment Program executive director. "It is the ... more
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Will Congress Extend Solar And Wind Tax Credits
Tempe AZ (SPX) Sep 25, 2008Evolution Solar's CEO, Robert Kaapke expects 2008 to be a record setting year for both solar and wind. With the tax credits set to expire at the end of 2008, "(Solar installers) don't want to go beyond the December 31st deadline, so everybody's trying to jam-pack their orders in before the end of the year," said Kenedi of Sharp Electronics, the largest U.S. producer of solar panels. "From ... more Toyota And SunPower Complete Largest Single-Roof PV Installation In USA
Ontario CA (SPX) Sep 25, 2008Toyota and SunPower has announced the completion of the largest single-roof solar power installation in North America. The 2.3-megawatt SunPower system will begin operation in early October at Toyota's North America Parts Center California (NAPCC) in Ontario, Calif. Toyota expects the solar installation will provide nearly 60 percent of the total electricity needs for the 760,000-square ... more Outside View: Chavez on oil tour
Moscow (UPI) Sep 24, 2008 When asked why he did not go to the current U.N. General Assembly session this week in New York, Venezuelan President Hugo Chavez told journalists at Beijing airport Tuesday it was far more important to be in the Chinese capital. "The United States is on the decline, while China and Russia continue to develop," said the Venezuelan leader, who will pay a brief visit to Moscow Sept. 26 ... more |
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Confluence Solar Raises Series A Funding
St. Louis MO (SPX) Sep 25, 2008Founded by silicon industry veterans, Confluence Solar has announced that the company has raised $12.7 million in capital. Confluence Solar is opening a new facility in Hazelwood, Missouri to develop its HiCz single crystal silicon product. Convexa Capital of Oslo, Norway led the Series A financing with additional investments from DC Chemical Co., Ltd., Scatec Adventure AS, Oceanshore ... more Venture Capital Community Not Worried About Greentech Investment Bubble
New York NY (SPX) Sep 24, 2008The venture capital community is not worried about a greentech investment bubble, and expect investment in the greentech sector to significantly increase in 2009, according to a recent survey by the U.S. audit, tax and advisory firm KPMG LLP. In polling 301 venture capitalists, corporate executives, entrepreneurs and bankers, KPMG found that 91 percent of respondents indicated they expect ... more New Ways To Use Biomass
Dalian, China (SPX) Sep 24, 2008Alternatives to fossil fuels and natural gas as carbon sources and fuel are in demand. Biomass could play a more significant part in the future. Researchers in the USA and China have now developed a new catalyst that directly converts cellulose, the most common form of biomass, into ethylene glycol, an important intermediate product for chemical industry. As reported in the journal Angewan ... more New Bill To Expand Promotion Of Biofuels Welcomed
Sao Paulo, Brazil (SPX) Sep 24, 2008A bill designed to strengthen energy cooperation in the Western Hemisphere, approved today by the U.S. Senate Foreign Relations Committee, is a positive step to expands ongoing efforts by Brazil and the United States to promote the production and use of sustainable biofuels throughout Latin America, according to the Brazilian Sugarcane Industry Association (UNICA). "It shows a clear desire ... more |
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