China overtakes US as largest auto market: state media
Shanghai (AFP) Feb 10, 2009
China overtook the United States as the largest auto market in the world in January, according to data published by Chinese state media on Tuesday. A total of 735,000 automobiles were sold in China last month, state television said, citing Dong Yang, deputy director of the China Association of Automobile Manufacturers. By contrast, 656,976 vehicles were sold in the United States, according ... read more
Revolutionary Microchip Uses 30 Times Less Power
San Francisco CA (SPX) Feb 11, 2009
In the first real-world test of a revolutionary type of computing that thrives on random errors, scientists have created a microchip that uses 30 times less electricity while running seven times faster than today's best technology. The U.S.-Singapore team developing the technology, dubbed PCMOS [pronounced "pee-cee-moss"], revealed the results here today at the International Solid-State ... more
Deflation alarm as prices weaken further in China
Beijing (AFP) Feb 10, 2009
Chinese inflation slowed further in January as activity in the world's third-largest economy weakened, government data showed Tuesday, prompting economists to warn deflation was imminent. The consumer price index, the main gauge of inflation, was 1.0 percent in January, down from 1.2 percent in December, the National Bureau of Statistics said Tuesday. "We're definitely seeing China moving ... more
Albania gets Croatia backing for nuclear plant
Zagreb (AFP) Feb 10, 2009
Plans by Albania to build a nuclear power plant were backed by Croatia as a project that could benefit the entire Balkan region at a meeting on Tuesday of the two countries' prime ministers. "We have agreed to work together, to invite other countries in the neighbourhood, Montenegro, Bosnia and others interested to work on this project," Albanian Prime Minister Sali Berisha told reporters. ... more
PSE And G Announces To Build 120MW Of Solar Capacity
Washington DC (SPX) Feb 11, 2009
The Solar Electric Power Association (SEPA) applauds Public Service Electric and Gas Company (PSE And G) for the announcement of a plan to invest $773 million to add 120 megawatts (MW) of utility-owned photovoltaics within its service territory. PSE And G's Solar 4 All Program is one of many large-scale utility-driven solar projects and programs SEPA anticipates to be rolled out this year ... more
McCarter And English Helps NJ Hospital Go Solar
Newark NJ (SPX) Feb 11, 2009
A team of McCarter and English lawyers helped Belle Mead, NJ-based Carrier Clinic put together a state-of-the-art financing structure to support development of a large-scale solar photovoltaic array that will provide up to 50% of the electrical power for the not-for-profit healthcare provider for 25 years. The innovative structure allows even a non-profit organization to enjoy indirect ... more
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