Press Releases
Energy Conversion Devices Reports Financial Results for Second Quarter of Fiscal Year 2010
Energy Conversion Devices, Inc. (ECD) (Nasdaq: ENER), the leading global manufacturer of thin-film flexible solar laminate products for the building-integrated and commercial rooftop markets, today announced financial results for the second quarter of its fiscal year 2010. Total consolidated revenues for the second quarter of fiscal 2010 were $52.9 million compared to $103.1 million in… Read more »
Wind, solar groups push US renewable energy standard
* Stimulus funds powered most renewables to expand in 2009 * Energy groups stress domestic job creation * Call for federal energy standard, extended tax credits By Deborah Zabarenko, Environment Correspondent WASHINGTON, Feb 9 (Reuters) – U.S. industry executives from the wind, solar, hydropower, geothermal and biomass sectors pushed on Tuesday for a federal renewable… Read more »
New Jersey Congressmen Push Federal Solar Energy Bill
A new bill modeled in part on successful solar energy programs in New Jersey and California was introduced in Congress last week with support from both of the Garden State’s Senators and U.S. Rep. Albio Sires. The bill – which has the somewhat clunky title of the 10 Million Solar Roofs and 10 Million Gallons… Read more »
Energy Storage Project Aims to Extend Utility of Solar Power
International Battery, a U.S. manufacturer and developer of large-format lithium-ion rechargeable batteries, is partnering with system integrator HNU Energy to assess the effectiveness of storing solar energy using new, more-efficient battery technology. If successful, the solar power generation and energy storage project in Maui, Hawaii, could pave the way for small businesses and others that… Read more »
Vestas Lowers Forecast as Developers Cut Orders on Financing
Vestas Wind Systems A/S, the world’s biggest maker of wind turbines, lowered its full-year forecast after wind park developers delayed or canceled orders because of a lack of financing. Vestas expects 2010 sales of 7 billion euros ($9.6 billion), compared with a previous range of 7 billion to 8 billion euros, the Randers, Denmark-based company… Read more »
Nuclear giant Areva buys solar company Ausra
The world’s largest nuclear plant builder, Areva SA, is diversifying into solar power with the aim of becoming an industry leader, as it acquires U.S.-based solar thermal player Ausra, the company said on Monday.”This market is set to have 20 gigawatts by the year 2020. Areva has an objective to be a world leader in… Read more »
State approves grants for wind technology research
The Michigan Public Service Commission has approved two grants totaling about $1.7 million for studying the development of offshore wind technologies in the state. Grand Valley State University’s Michigan Alternative and Renewable Energy Center and the University of Michigan’s Memorial Phoenix Energy Institute are getting $1.3 million for jointly researching offshore wind and ice data… Read more »
From dud to stud, Portugal is now a global leader in renewable energy
Ten years ago energy pundits said Portugal was wasting its rich renewable energy sources; now, the country generates 35.9% of its electricity from wind and solar energy. Portugal’s wind energy industry has led the country’s shift away from fossil fuels. Recently, the Portuguese wind industry displaced Spain as the wind industry that provides the second-largest… Read more »
Farms Plan to Harness Wind Energy
It started as just an idea, but now the thought of a wind farm in mid-Missouri could become a reality. Mark Chamberlin is a chicken and dairy farmer who originally had the idea to put a wind turbine on his property. “You always have a lot of time to think when you’re in tractors,” Chamberlin… Read more »
Arab states may become solar energy exporters
Massive renewable energy projects undertaken by the UAE and other Middle Eastern countries could turn them into solar energy exporters along with their large hydrocarbon exports, according to a veteran Arab energy analyst. “After oil, Arab countries could start exporting solar energy,” said Nicolas Sarkis, Director of the Paris-based Arab Petroleum Research Centre (APRC), which… Read more »
