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 Melbourne (AFP) Aug 30, 2009 
Australia is poised to become "the Middle East of gas" as Asia's rapidly growing economies queue up to buy its vast reserves in liquid form, according to analysts. The government last week approved the massive Gorgon liquefied natural gas (LNG) project off Western Australia, which Prime Minister Kevin Rudd said would cost 50 billion dollars (41 billion US) to build and would generate 6,000 ... read more 
Washington DC (SPX) Aug 31, 2009Following over a year of intense work by the Renewable Fuels Association with the Internal Revenue Service, the agency on August 24 issued a Notice of Proposed Revenue Ruling clarifying that it will not seek to impose a change in the cost recovery periods used by most ethanol producers. Historically, most ethanol producers have used cost recovery (or depreciation) periods of five years. ... more
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Sydney (AFP) Aug 29, 2009Australia denied claims Saturday it had downplayed the scale of a massive oil spill at a drilling rig off its northwest coast, and said the slick was dispersing naturally. Resources Minister Martin Ferguson said the Greens party was exaggerating the size of the leak at the West Atlas drilling platform, about 250 kilometres off the Australian mainland. "The area of the spill is rectangula ... more  
Mendota CA (SPX) Aug 31, 2009Cleantech America has broken ground on California's first utility-scale photovoltaic solar project to be approved under the state's Renewables Portfolio Standard (RPS) program. Named CalRENEW-1, the solar farm is located in the City of Mendota in California's Central Valley and will provide 5 megawatts of emission-free solar electricity to PG and E under a long-term power purchase agreement. ... more  
Washington DC (SPX) Aug 31, 2009The so-called "nuclear renaissance" is finding few friends among state lawmakers in the United States. The nuclear power industry has been shut out across the board in 2009 in its efforts in all six states - ranging across the nation from Kentucky to Minnesota to Hawaii - where it sought to overturn what are either explicit or effectively bans on construction of new reactors, according to the no ... more |
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Rio De Janeiro (UPI) Aug 28, 2009 Brazilian state-controlled energy firm Petrobras admitted that the cost of its joint venture refinery with Venezuela's PDVSA has nearly tripled, but denied overpayment for the project. Petrobras said the Abreu e Lima refinery, under construction in the northeastern Brazilian state of Pernambuco, had been budgeted at $4.05 billion. Now the cost is estimated at $12 billion, Petrobras said ... more 
Danbury CT (SPX) Aug 31, 2009Technipower has announced that it has developed, tested, and launched its new Instant Solar product in collaboration with James P. Dunn, chairman of Solomon's Technical Advisory Board and President of Future Solar Systems. Starting from concept to new product launch, Technipower executed the development program in less than 6 months, with pilot manufacturing now underway. Instant Solar ... more 
Baoding, China (SPX) Aug 31, 2009As China boosts solar energy to meet growing power demand and reduce dependence on imported fuels, Tianwei and Oerlikon Solar announced the completion of one of the mainland China's largest thin film solar panel factories. The facility was completed ahead of schedule. This first phase of the Tianwei project produces 500,000 modules per year, which generates a total of 46 megawatts of power ... more |
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