Archive for October, 2008

Industry Leaders Forecast Dramatic Growth in the U.S. Solar Market by 2016 with Extension of Credit

WASHINGTON – On October 3rd, by a vote of 263 to 171, the U.S. House of Representatives passed historic legislation that extends the 30-percent federal investment tax credit for both residential and commercial solar installations for 8 years. This landmark legislation is part of H.R. 1424, the Emergency Economic Stabilization Act of 2008, designed to [...]

Lumos® Solar Introduces Innovative Carport Solar Installation System

Lumos Solar offers a wide array of solar products to both residential and commercial customers, including their newest addition, the PowerPort Solar Carport™ – a free standing, two-car carport that has solar panels integrated into its structure.   The Lumos PowerPort Solar Carport addresses a growing need for alternative energy installation options to meet the [...]

Oil Price Decrease Results in Green Energy Stocks Decreasing

Oct 17, 2008 – The price of oil is denominated in US dollars & is now about $73 & has been below $70. A few months ago some of the “experts” were saying that oil was going to $200. Now OPEC is having an emergency meeting to discuss the precipitous decline in the price of [...]

Izzo reiterates his support for putting a price on carbon and calls for a new regulatory framework to encourage investment

Oct 17, 2008 – PSEG [NYSE: PEG] CEO Ralph Izzo said today: “Energy is the public works project of our time. Investments in clean energy will create jobs, clean our environment, and improve the competitiveness of our businesses. A clean energy transformation can be the equivalent of the New Deal and the Apollo project.” Izzo [...]

Tesla Lays Off Employees Including CEO

Tesla Motors has received a great deal of press for its electric car.  It was founded and financed by the Silicon Valley elite: Larry Page & Sergey Brin [Google founders], Jeff Skoll [former president of Ebay] & its chairman Elon Musk [founder of PayPal].  Check out its website & you will not find the latest [...]

Ralph Izzo of PSEG presented “2008 Solar Business Achievement Award”

Oct 16, 2008 – Ralph Izzo, PSEG CEO, was honored today for his thought leadership and established business practices that provide a roadmap for growing the role of solar in the nation’s energy mix.  Izzo was presented with the “Utility CEO of the Year” award by the Solar Electric Power Association (SEPA), at the organization’s [...]

American Chemical Society [ACS] Journal Goes Green

The American Chemical Society says that it journal, “Organic Process Research & Development goes green!  They will be publishing Green Chemistry highlights online: summaries of cutting-edge green chemistry research selected by process chemists in industry in collaboration with the ACS Green Chemistry Pharmaceutical Roundtable.  Green Chemistry Highlights are available to view free.

German Aerospace Center Demonstrates Fuel-Cell Powered Manned Plane

The German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt; DLR) presented a powerful, quiet, clean and multifunctional fuel-cell power manned plane- aviation meets the fuel cell.  The Antares DLR-H2 flying test bed was developed by the DLR Institute of Technical Thermodynamics (DLR-Institut für Technische Thermodynamik) together with Lange Aviation GmbH.  The aircraft’s maiden flight [...]

2 New Oil Finds Offshore Angola

Oct 16, 2008 – Some more oil has been discovered offshore Angola to keep everyone going until we have more green energy.  Of course, it will be a while before production might begin. Sociedade Nacional de Combustíveis de Angola (Sonangol) and the operator BP Exploration (Angola) Limited announced this week.  StatoilHydro of Norway has a [...]

Siemens Bio-mass heating power station in Böblingen, Germany

Siemens‘s [NYSE: SI] SIPAPER Reject Power Station in Böblingen has been transforming fine hacked material into electricity and heat since September 2008. Fine wood sieve residue from the surrounding gardens and forests which would block up the furnace gratings of large power stations are burned in the new heating power station in a combustion chamber [...]

Schwarzenegger: Stay Green

October 14, 2008, 1:25 am Schwarzenegger: Stay green during financial crisis SAN DIEGO – California Governor Arnold Schwarzenegger made a surprise appearance at the solar industry’s annual confab Monday night, warning not to use the financial crisis as an excuse to abandon the fight against global warming. “We should not give in to those who say [...]

Future of Wind Power

The future of wind power Massive wind turbines dominate the wind power industry, but entrepreneurs are now racing to build energy-making kites, sails and balloons. A cargo ship that sails Skysails, Hamburg Tow, tow, tow your boat is the idea behind attaching giant paraglider-shaped kites to cargo ships. The Hamburg startup SkySails has designed these giant [...]

Ocean Power Technologies to Benefit from Production Tax Credit

Oct 15, 2008 – Once again an alternative energy company has announced that it expects to benefit from the Energy Improvement and Extension Act of 2008.  How many press releases will this one legislative act produce? Hopefully, most will be via email so that we don’t cut down trees and use energy needlessly to snail [...]

GE & Alternative Energy / Green Energy

On an ongoing basis we will profile companies active in the green energy / alternative energy / energy conservation fields.  There are many companies with “solar” and “wind” in their names so that we will know that they are active in this field.  However, some old line, large companies actually have much larger activities in [...]

Largest Solar Park in Asia Relies on SolarWorld Technology

Oct 15, 2008 – SolarWorld Group has equipped the largest solar park ever built in Asia with solar power technology.  They supplied 85,000 solar modules for the 15 MW power plant located 350 km to the South of Seoul, South Korea.  The connection to the power grid took place today. The Gochang solar park covers [...]