| October 27, 2008 |  |
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China Sits Atop Two Trillion Dollars In Foreign Reserves Moscow (UPI) Oct 23, 2008 
China is a true "island of stability" amid the raging financial crisis. Given its huge international reserves, assessed at $1.9 trillion, it can maintain its own stability, but it also can help developed countries overcome the crisis. Is it ready to offer the money? And will anyone take it? There are no prerequisites for a large-scale crisis in the Chinese ... read moreBioSolar Files Comprehensive Patent For BioBacksheet 
Santa Clarita CA (SPX) Oct 27, 2008BioSolar has announced that it has filed a patent application to protect the novel inventions and processes behind its proprietary bio-based backsheet, a protective covering for the back of photovoltaic solar cells traditionally made from expensive petroleum-based film. The comprehensive patent application, filed earlier this week, is expected to give BioSolar full protection on its ... more
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335,000 Cellular Base Stations To Include Solar Power By 2013
London, UK (SPX) Oct 27, 2008As mobile network expansion moves ostensibly to emerging markets where solar energy levels are more favorable, solar power appears ready to play an important role in reducing the costs of cellular service delivery and ensuring a more reliable power supply. The OEMs' drive toward reducing base station power consumption, along with improvements in photovoltaic cells, have meant that solar ... more HelioVolt Opens First Solar Thin Film Factory In Texas 
Austin TX (SPX) Oct 27, 2008HelioVolt has cut the ribbon on its first factory for manufacturing high-performance thin film solar energy products. The 122,400 square foot sustainable facility in Austin, Texas is expected to create approximately 160 new jobs for the U.S.'s growing renewable energy sector. City officials, state and federal representatives, and energy industry leaders will join HelioVolt executives and ... more Analysis: Russia, Europe and OPEC's oil 
Berlin (UPI) Oct 24, 2008 OPEC's decision to cut oil production to halt the free fall of prices is set to please Russia and trouble Europe. The Organization of Petroleum Exporting Countries at an emergency meeting in Vienna on Friday decided to cut its oil production by 1.5 million barrels a day. The cartel's current production cap is at 28.8 million barrels a day. The measure is aimed at halting the ... more  |
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Finance crisis inflicts more pain as recession fears grow
Washington (AFP) Oct 24, 2008The global financial crisis inflicted more pain Friday on a wide range of corporate sectors, prompting heavy losses in stock markets, while the IMF readied a rescue of some 200 billion dollars for debt-laden countries. Amid grim financial news from around the world, stocks saw another tumultuous day, starting with a horrific 9.6 percent slump in Tokyo shares that spilled over to Europe ... more Costco Canada To Increase Orders For ICP Solar Chargers 
Montreal, Canada (SPX) Oct 27, 2008ICP Solar Technologies has announced that Costco of Canada has extended its existing purchase agreement with ICP and will sell an expanded range of Coleman-branded solar chargers in 2009. It is estimated that Costco will purchase units worth nearly $1 million next year, a significant increase over 2008. "Costco has come to rely on our Coleman chargers to meet the rising demand for so ... more Russian minister says plans drawn for China oil pipeline: report 
Moscow (AFP) Oct 26, 2008Plans have been drawn up for a pipeline linking Siberian oil fields to China, a Russian minister was quoted as saying Sunday, in a sign of tightening ties between Russia and its energy-hungry neighbour. Russia's state-controlled pipeline monopoly Transneft has finished designing a spur from the Eastern Siberia-Pacific Ocean (ESPO) pipeline to China, Deputy Prime Minister Igor Sechin was ... more Nigeria Oil Wealth Mostly Wasted 
Abuja, Nigeria (UPI) Oct 27, 2008Nigerian energy officials acknowledged that despite generating hundreds of billions of dollars in wealth, the country's oil industry has done little to enhance the lives of the Nigerian people. Speaking to private sector energy officials at a conference in Lagos, Nigerian Petroleum Minister Odein Ajumogobia said he regretted the failure by the federal government to improve the lives of ... more |
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