Archive for November, 2009

Green Energy Ads Continued: America’s New Natural Gas

Nov 11, 2009 – OK, I don’t know how our new natural gas differs from our old natural gas.  The ad shows a perplexed individual [my interpretation] of an individual with a blue flame coming out of his head with the headline, “NATURAL GAS CONTRIBUTED $385 BILLION TO THE ECONOMY LAST YEAR. EUREKA!”  [I don’t [...]

World’s Largest Offshore Wind Park at Work

Nov 11, 2009 – The world’s largest offshore wind park, Horns Rev II, recently commenced operations.  The facility, which is located in the North Sea, consists of 91 Siemens wind turbines for generating electricity.  The wind farm has a maximum output of about 210 MW, enough to meet the electricity needs of approximately 200,000 households. [...]

Largest Wind Project in Missouri to Feature GE 1.5-Megawatt Technology

Nov 11, 2009 – In an effort to meet Missouri’s ongoing renewable energy goals, Wind Capital Group is developing the state’s largest wind project, Lost Creek, with the support of GE’s (NYSE: GE) 1.5-mw wind turbine technology. The Lost Creek project supports Missouri’s Clean Air Initiative, which calls for 15% of the state’s power to [...]

Jobs Question Jeopardizes Wind Farm’s Stimulus Deal

Nov 6, 2009 – Tom Zeller, Jr. and Keith Bradsher report in The New York Times that $450 million in federal stimulus money might go toward installing Chinese-made wind turbines in Texas prompted criticism on Thursday, with Senator Charles E. Schumer, Democrat of New York, calling on the Obama administration to deny federal financing. According [...]

Panasonic to Begin Offer for Shares of Hybrid-Car Battery Maker

Nov 5, 2009 – The following report is from The New York Times: Panasonic said it is making a tender offer for shares in Sanyo Electric on Thursday, moving closer to becoming a powerhouse in hybrid-car batteries and other green-energy businesses. The bid is expected to be worth at least $4.4 billion. Panasonic said it [...]

Statoil: Third quarter Operating and Financial Review

Nov 4, 2009 – Statoil’s (OSE:STL, NYSE:STO) third quarter 2009 net operating income was NOK 28.3 billion, compared to NOK 47.0 billion in the third quarter of 2008. The quarterly result was mainly affected by a 31% drop in oil prices and a 32% decrease in the average price of natural gas. Adjusted earnings in [...]

SolarWorld AG increases shipments by 22% in first 9 months of 2009. Group revenues grow by 3% over previous quarter

Nov 4, 2009 – Based on the strong international quality brand and the well-established distribution structures SolarWorld AG was able to increase the group-wide shipments by 15% to 125 (previous year: 109) MW in the third quarter and by a total of 22% since the beginning of the year.  Revenues in the 3Q amounted to [...]

BioSolar Begins Limited Supply Production of Commercial Grade BioBacksheetTM-C

Nov 4, 2009 – World’s First Bio-based Solar Panel Backsheet Now Qualifies for Commercial Production after Completion of Research and Development Phase.  BioSolar (OTC BB: BSRC), developer of a technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic (PV) solar cells, announced that the research and development phase for [...]

ECOtality Signs Definitive Agreements to Raise $15.5 Million Capital

Nov 4, 2009 – ECOtality, Inc. (OTCBB: ETLY), a leader in clean electric transportation and storage technologies, announced it has entered into definitive agreements with institutional investors, including existing shareholders, for a capital investment of approximately $15.5 million in equity financing.  In addition to this capital, the debenture holders of ECOtality will convert all $9.1 [...]

Ford Hybrid Vehicles

This week Ford posted a profit. I am more confident that the company will be in business for a long time. Their vehicles have been given favorable reviews. Ford makes four hybrid vehicles, two of which are from the Lincoln Mercury Division. The vehicles are Ford Fusion Hybrid, Ford Escape Hybrid, Mercury Milan Hybrid and [...]

StatoilHydro ASA is changing its name to Statoil ASA

StatoilHydro ASA is changing its name to Statoil ASA with effect from today. The ticker symbols will remain unchanged as STL on the Oslo Stock Exchange and STO on the New York Stock Exchange.with effect from today. The ticker symbols will remain unchanged as STL on the Oslo Stock Exchange and STO on the New [...]