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IMF raises global growth forecast despite financial shocksHong Kong (AFP) July 8, 2010 The IMF raised Thursday its global growth forecast for this year despite renewed financial turbulence stemming from a European debt crisis that has sharply raised potential risks. The fund projected the world will grow by 4.6 percent, up from its 4.2 percent forecast in April, reflecting "stronger activity" during the first half of 2010 and expectations of fiscal action, especially in Europe. The higher forecast was due to "expectations of a modest but steady recovery in most advanced economies ... read more |
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El Dorado Hills CA (SPX) Jul 09, 2010Premier Power Renewable Energy, Inc. has announced that the third in a series of 1.0 megawatt (MW) solar power plants it designed and constructed for customers in Italy is operational and was connected to the power grid on June 30. "San Giorgio Jonico is the third in a series of 1.0 MW Italian solar power plant projects, following the Laterza 1 and Monteparano plants, which we connected to ... more  
Strasbourg (AFP) July 7, 2010Europe should freeze new deep water drilling until the causes of the rig explosion which triggered the oil spill in the Gulf of Mexico are known, a top EU official said Wednesday. EU Energy Commissioner Guenther Oettinger said governments need to make sure that the energy industry launches all possible measures to boost safety and enhance disaster prevention. "Utmost caution must be exer ... more  
Mountain View CA (SPX) Jul 08, 2010Prospects for the hydro, wave, and tidal power market look upbeat as countries are investing in renewable energy sources to augment energy security. It is estimated that the worldwide wave resources is 6,000 TWh/year, twice as much as global nuclear production and 700 TWh/year for tidal power. In other words, the market potential for the wave industry is about $1 trillion worldwide. ... more |
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  New Biofuels Processing Method For Mobile Facilities  Solar For All Design Contest   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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NATO chief slams EU over 'unfair' Turkish treatmentCopenhagen (AFP) July 7, 2010 NATO chief Anders Fogh Rasmussen criticised the European Union Wednesday for what he called its "unfair" treatment of Turkey, writing in the Danish centre-left daily Politiken. The NATO secretary general advised the EU to "take a series of pragmatic steps to improve relations with Turkey, entirely outside the negotiations" between Ankara and Brussels over Turkey's membership of the bloc. In particular, the former Danish prime minister urged the EU to give Turkey more of a role in decision-making ... read more |
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