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Asian competitors cast shadow over German solar industry Berlin (AFP) Aug 18, 2009
Germany's solar power industry, until recently the world leader in the technology, is facing an unprecedented crisis, analysts say, outshone by cheaper competitors from Asia, most notably Chinese firms. Q-Cells, the world's biggest solar cell producer, last week issued a far from glowing set of results, with losses of 700 million euros (984 million dollars) in the first half of the year.
... read moreSWBA Endorses Bipartisan Senate Push For Biodiesel Standards
Albuquerque NM (SPX) Aug 19, 2009The Southwestern Biofuels Association (SWBA) has announced its support for a bipartisan coalition in the U.S. Senate calling on President Barack Obama to keep the U.S. biodiesel industry alive by immediately implementing the biomass-based diesel mandate required under the 2007 Energy Independence and Security Act (EISA). "The delay in getting a final rule on biodiesel from EPA is crippling ... more
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UC Davis Challenge Produces Better Air Conditioner
Davis CA (SPX) Aug 19, 2009The first certified winner of the UC Davis "Western Cooling Challenge" is Coolerado Corp. of Denver. Recent federal tests showed that their five-ton commercial rooftop unit should be able to air-condition a typical big-box store with less than half the energy needed by conventional cooling units. "Coolerado's entry in the Western Cooling Challenge was the first to take our rigorous tests ... more Australia targets 20 percent renewable energy by 2020
Canberra (AFP) Aug 18, 2009Australia's government will ask the Senate Tuesday to approve plans to produce 20 percent of energy from renewable sources by 2020 after the house rejected a proposed carbon trading scheme. Prime Minister Kevin Rudd's centre-left Labor government passed the ambitious proposal to use green power to generate a fifth of the country's electricity in parliament's lower house late Monday. But ... more Australia signs record 41 bln dlr energy deal with China
Sydney (AFP) Aug 19, 2009Australia has signed a record 41.3 billion US dollar deal to supply Chinese energy giant PetroChina with liquefied natural gas, officials said. The agreement, which represents the biggest foreign investment in Australia, is for PetroChina to buy 2.25 million tonnes a year over the next two decades from ExxonMobil's Gorgon gas field. "This agreement has enormous value for the Australian ... more |
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India must tread 'greener' path to growth: PM
New Delhi (AFP) Aug 18, 2009Prime Minister Manmohan Singh acknowledged India must tread a greener path Tuesday, even as he blamed rich nations for expecting developing countries to pay for decades of environmental neglect. "Our growth strategy can be and should be innovative and different," Singh told a meeting of state environment ministers in New Delhi. "We can and we must walk a different road, an environment ... more Independent Analysis Confirms Renewable Energy Crop
Irvine CA (SPX) Aug 19, 2009VIASPACE has announced that an independent analysis of Giant King Grass as an energy crop by the China National Center for Quality Supervision and Test of Coal confirmed that Giant King Grass has an energy content of 18.4 MJ per dry kilogram (4402 kcal per kilogram), which makes it suitable as a renewable feedstock for generating electric power and producing liquid biofuels. A well-known ... more HP profit falls but beats expectations
New York (AFP) Aug 18, 2009US computer giant Hewlett-Packard reported a 19-percent fall in quarterly net profit on Tuesday but its results bettered the expectations of Wall Street analysts. The Palo Alto, California-based company, the world's largest manufacturer of personal computers, posted a net profit of 1.6 billion dollars in the third quarter compared with 2.0 billion dollars a year ago. Earnings per share ... more |
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