| June 04, 2009 | ![]() |
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Sweden picks site to bury nuclear waste for 100,000 years Stockholm (AFP) June 3, 2009
One of the world's first permanent nuclear waste storage sites that can house highly radioactive waste for more than 100,000 years will be built in Sweden, project officials said on Wednesday. The waste will be buried in tunnels drilled 500 metres (1,640 feet) underground in the bedrock in Forsmark, near the town of Oesthammar 200 kilometres (125 miles) north of Stockholm, the Swedish ... read moreIran China sign 5 bln dlr gas deal
Tehran (AFP) June 3, 2009Iran on Wednesday signed a gas deal worth around five billion dollars with the China National Petroleum Corporation to develop a part of the giant South Pars gas field in the Gulf, the official IRNA news agency reported. "We signed a deal with China National Petroleum Corporation (CNPC) to develop the upstream sector of phase 11 in the offshore South Pars gas field," the National Iranian Oil ... more
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Green energy investments top carbon fuels: UN
Washington (AFP) June 3, 2009Global investments in renewable energy overtook those in carbon-based fuels for the first time in 2008, attracting a record 155 billion dollars, a UN report said Wednesday. Of that sum, 36 billion dollars was invested in producing clean energy in emerging economies such as China, a increase of 27 percent compared to 2007. And 105 billion dollars was spent directly developing power ... more Japan's Komatsu says to make hybrid excavators in China
Tokyo (AFP) June 3, 2009Japan's top maker of construction machinery Komatsu Ltd. said Wednesday it plans to start assembling diesel-electric hybrid excavators in China this year. Komatsu -- which last year began producing the machines as a test run in Japan -- targets sales of 700 units for the current financial year from April, a company spokesman said. "Of these, we aim to sell 500 units in China, by ... more Surprising Green Energy Investment Trends Worldwide
New York NY (SPX) Jun 04, 2009Some $155 billion was invested in 2008 in clean energy companies and projects worldwide, not including large hydro, a new report launched says. Of this $13.5 billion of new private investment went into companies developing and scaling-up new technologies alongside $117 billion of investment in renewable energy projects from geothermal and wind to solar and biofuels. The 2008 investment is ... more China to play major role in Hummer future, says buyer
Shanghai (AFP) June 3, 2009The Chinese firm planning to buy the Hummer brand from struggling US auto giant General Motors said Wednesday the domestic market is likely to play an important role in its global strategy. General Motors announced Tuesday it had reached a tentative deal to sell the brand to privately-held Sichuan Tengzhong Heavy Industrial Machinery Co, a day after filing for bankruptcy. "The company's ... more |
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Kazakhstan to review asset sales after nuclear scandal
Almaty (AFP) June 2, 2009Kazakhstan will review all previous deals made by state-owned firms in the wake of a multi-billion dollar scandal at the country's state nuclear fuel company, the state welfare fund said Tuesday. The announcement, which specifically mentioned joint-enterprises and subsidiary companies, raises the possibility that billions of dollars in foreign investments made in the ex-Soviet state could ... more Geithner gets China's support, but state press slams US debt levels
Beijing (AFP) June 2, 2009China on Tuesday took up US Treasury Secretary Timothy Geithner's call to work together in battling the financial crisis as the Asian giant tries to position itself as a major force on the global stage. Beijing was eager to deepen efforts with Washington on dragging the world out of the economic slump, Vice Premier Wang Qishan told Geithner in a Monday meeting, the foreign ministry said. ... more GM China says still expanding despite parent's woes
Shanghai (AFP) June 2, 2009The China unit of automaker General Motors continues to expand despite the woes of its parent, which this week filed for bankruptcy, with new joint venture plans still on, an executive said Tuesday. GM's China business is self-sustaining and does not require financing from the struggling parent company in the United States, GM China President Kevin Wale told reporters. He said the firm ... more First ships arrive in Air France crash zone
Fernando De Noronha, Brazil (AFP) June 2, 2009A first Brazilian navy ship arrived Wednesday in a remote part of the Atlantic to recover debris found from a downed Air France airliner, though hopes were low of finding the black boxes that could explain the tragedy. The patrol boat was in the zone around 1,000 kilometers (600 miles) off Brazil's northeast coast, the Brazilian navy said in a statement. A second vessel was due to arrive ... more |
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AALTO plans Zephyr stratospheric hub in northern Australia and seeks local payload partners
Ancient guano drove Chincha coastal power
UAH lands first DARPA award for biological sciences department |
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