Masdar Headquarters to Be Located in World's First 'Positive Energy' Mixed-Use Building
Chicago architecture firm Adrian Smith + Gordon Gill Architecture win global competition to design Masdar's headquarters in first zero-carbon, zero-waste city
ABU DHABI, United Arab Emirates, Feb. 22 2008 -- Masdar announced today that it has chosen Chicago architecture firm Adrian Smith + Gordon Gill Architecture (AS+GG) to design its headquarters in Abu Dhabi's Masdar City, the world's first zero-carbon, zero-waste city fully powered by renewable energy. The headquarters will be the world's first large-scale, mixed-use "positive energy" building, producing more energy than it consumes. In addition to being the location of Masdar Headquarters, the building will accommodate private residences and 'early bird' businesses starting up in the city. Dr. Sultan Al Jaber, CEO of Masdar, said AS+GG is internationally recognized for high-performance, energy-efficient and sustainable architecture. "We know Adrian Smith + Gordon Gill Architecture share our vision for Masdar's headquarters. This building is at the heart of Masdar City, and its net positive energy design and new innovations will reflect our mission of developing sustainable future energy solutions."
AS+GG teamed with Chicago-based MEP engineers Environmental Systems Design and structural engineers Thornton Tomasetti on the design, which includes numerous systems that will generate a surplus of the building's energy, eliminate carbon emissions and reduce liquid and solid waste. The complex will utilize sustainable materials and feature integrated wind turbines, outdoor air quality monitors and one of the world's largest building-integrated solar energy arrays. Compared with typical mixed-use buildings of the same size, the Headquarters will consume 70 percent less water.
"In line with the Abu Dhabi 2030 Development Plan, Masdar is choosing to emphasize sustainability over height. We hope and expect this will set a new direction for worldwide competition in sustainable design," Dr. Al Jaber continued.
In addition to being the first mixed-use net positive energy building in the world, AS+GG's Masdar Headquarters will:
-- Be the lowest energy consumer per square meter for a modern class A office building in an extremely hot and humid climate -- Feature one of the world's largest building-integrated photovoltaic arrays -- Employ the largest solar thermal driven cooling and dehumidification system -- Be the first building in history to generate power for its own assembly, through development of its solar roof pier before the underlying complex
"We're thrilled to be working on a project of this importance and magnitude. Masdar Headquarters is one of the most significant developments of our time," said Adrian Smith, partner, AS+GG. "As a positive energy complex, the project will have a far-reaching influence on the buildings of tomorrow."
"Masdar Headquarters will set a new paradigm for the way buildings are designed, constructed and inhabited," said Gordon Gill, partner, AS+GG. "The project represents the perfect integration of architecture and engineering, resulting in a dynamic, inviting building that outperforms any other structure of its type in the world."
Construction of Masdar City commenced with a formal ground-breaking ceremony on February 9, 2008. The City will be constructed over seven phases and is due to be completed by 2016. Masdar's headquarters is part of phase one and will be completed by the end of 2010.
The design competition for Masdar's headquarters was managed by the Louis Berger Group and began with a field of 159 participants, which was narrowed down to 15 architecture and design firms. The criteria for selection of the 15 included building functionality, water and wastewater efficiency, indoor environmental quality, zero carbon emission, carbon footprint reduction and firm experience. Four global leaders in sustainable architecture and design were then chosen to submit final proposals.
A global jury of seven world renowned design and urban planning experts chose AS+GG's design from the finalists. The jury consisted of:
-- A. Hashim Sarkis -- Aga Khan Professor of Landscape, Architecture and Urbanism in Muslim Societies in the Department of Urban Planning & Design at Harvard's Graduate School of Design (Cambridge, MA) -- Dennis A. Andrejko -- Associate Professor at the University of Buffalo School of Architecture and Planning (Buffalo, NY) -- Greg Mella, AIA, LEED AP -- Principal at SmithGroup (Washington, D.C.) -- Jean-Marie Charpentier -- Architect for Maison Mozart (Paris) -- Dr. Hans-Rudolf Schalcher -- Professor at the Holcim Foundation for Sustainable Construction (Zurich), where he is also the Head of Technical Competence Center and Member of the Management Board; Chair of the Planning and Management in Construction for the Institute for Construction Engineering and Management at the Swiss Federal Institute of Technology (Zurich) -- John Quale -- Assistant Professor at the University of Virginia's School of Architecture (Charlottesville, VA) -- Volker Hartkopf -- Professor of Architecture at Carnegie Mellon University's Center for Building Performance and Diagnostics, The Robert L. Preger Intelligent Workplace; Director at CBPD (Pittsburgh, PA)
About Masdar
Masdar is Abu Dhabi's multi-faceted, multi-billion dollar investment in the development and commercialization of advanced and innovative technologies in renewable, alternative and sustainable energies as well as green design. By applying scale and leveraging Abu Dhabi's low-cost, tax-free manufacturing base, businesses will enjoy significant competitive advantages, allowing them to compete internationally and provide significant diversification to the Abu Dhabi economy.
To learn more about Masdar, please visit www.masdaruae.com.
About Adrian Smith + Gordon Gill Architecture
AS+GG is focused on the design of high-performance architecture on an international scale and is dedicated to the creation of new paradigms for sustainable development. The office utilizes a holistic, integrated design approach emphasizing a symbiotic relationship with the natural environment -- or 'global environmental contextualism.' The approach reduces negative environmental impact and, in some cases, virtually eliminates it. Sites of current projects include Chicago, Abu Dhabi, Dubai, Mumbai, Vancouver, Belgrade, London and China.
To learn more about AS+GG, please visit www.smithgill.com
CONTACT: Masdar: Michael Iacovella, +1 212 704 8254, michael.iacovella@edelman.com AS+GG: Carrie Neill, +1 312 676 3004, carrieneill@smithgill.com For b-roll, renderings, fly-through animation or stills: http://www.thenewsmarket.com/masdar
Source: Masdar
Get insight into cleantech and renewable energy stocks with news and the cleantech and climate change podcast. This blog is part of www.investorideas.com cleantech investor content .
Monday, February 25, 2008
Brazil’s Untapped Potential to Employ Renewable Energy Such as Biomass, Solar, Hydro and Wind for Electricity Generation is Tremendous
Brazil’s Untapped Potential to Employ Renewable Energy Such as Biomass, Solar, Hydro and Wind for Electricity Generation is Tremendous
DUBLIN, Ireland--February 25th, 2008 -Research and Markets (http://www.researchandmarkets.com/reports/c83940) has announced the addition of "Analyzing Renewable Energy in Brazil" to their offering.
Brazil’s energy industry is at a crossroads. After a decade of reforms and privatizations, Brazil is reevaluating its plans to meet growing energy needs following a crippling power shortage that rocked the nation in 2001 and a change of government on January 1, 2003.
The country’s energy policies of the last decade have been highly successful. Brazil has transformed itself from a major oil importer whose rising imports from the Middle East were leaving the country with crippling deficits to an expected net exporter of crude oil before the end of this decade. But the country’s energy use is expected to continue to climb in the coming years, and without further restructuring of its energy sector, Brazil may have difficulty ensuring that sufficient investment can be made to continue to meet the rising need for fuel and electricity. In particular, Brazil needs to address the future status of state oil giant Petróleo Brasilero S.A. (Petrobras), whose pervasive energy sector monopoly is hindering the development of competitive markets and discouraging needed private investment.
Approximately twenty million Brazilians living in remote communities do not have access to reliable electrical power. While the majority of these underserved reside in Brazil’s Northeast, the remainder dwell all over the country -- even in the well-developed states of the South and Southeast regions.
Recent economic analyses indicate that these indigenous energy sources can provide cost-effective and environmentally-sound alternatives to fossil fuel-based generation. With a potential $25 billion renewable energy market, business opportunities are limitless. However, government resources alone cannot meet the demand for off-grid energy, and those resources that are currently available support highly-subsidized programs.
We present a focus on the Renewable Energy Industry in Brazil in its report - Analyzing Renewable Energy in Brazil. The report is a complete analysis of the various sectors of renewable energy in Brazil. Starting with an analysis of the overall business environment in Brazil, the report analyzes the following renewable commodities: small hydro power, biomass, solar, and wind energy. Brazil’s environment for the development of renewable energy is also discussed in details in the report. Regulatory frameworks, government incentives, government programs promoting the use of renewable energy, etc., are all described in the report.
A comprehensive overview of the Brazilian electric power industry is included to indicate the rising demand for energy in the country and how Brazil is planning to meet these requirements. A brief profile of the global energy industry and a profile of the Brazilian energy industry are also included to further enhance the reader’s understanding of the renewable energy market in Brazil.
Major industry players such as Electrobras, Petrobras, Copersucar, etc., are also profiled in the Aruvian’s Analyzing Renewable Energy in Brazil.
Key Topics
- Executive Summary
- A Look at the Global Energy Industry
- Introduction to the Business Environment in Brazil
- Overview of the Brazilian Energy Industry
- Analyzing the Brazilian Electric Power Industry
- Brazil’s Environment for the Development of Renewable Energy
- Analyzing Small Hydro Power (SHP) in Brazil
- Analyzing the Biomass Industry in Brazil
- Analyzing Solar Energy in Brazil
- Analyzing Wind Energy in Brazil
- Leading Industry Contributors
- Appendix
- Glossary of Terms
Companies mentioned:
- Companhia Energética de Minas Gerais (CEMIG)
- Copersucar
- CPFL - Companhia Paulista de Força e Luz
- Furnas Centrais Eletricas S.A
- Petrobras
- Shell Brasil S.A.
- Ultrapar Participações
- Electrobras
For more information visit http://www.researchandmarkets.com/reports/c83940
Contacts Research and MarketsLaura Wood, Senior ManagerFax: +353 1 4100 980press@researchandmarkets.com
DUBLIN, Ireland--February 25th, 2008 -Research and Markets (http://www.researchandmarkets.com/reports/c83940) has announced the addition of "Analyzing Renewable Energy in Brazil" to their offering.
Brazil’s energy industry is at a crossroads. After a decade of reforms and privatizations, Brazil is reevaluating its plans to meet growing energy needs following a crippling power shortage that rocked the nation in 2001 and a change of government on January 1, 2003.
The country’s energy policies of the last decade have been highly successful. Brazil has transformed itself from a major oil importer whose rising imports from the Middle East were leaving the country with crippling deficits to an expected net exporter of crude oil before the end of this decade. But the country’s energy use is expected to continue to climb in the coming years, and without further restructuring of its energy sector, Brazil may have difficulty ensuring that sufficient investment can be made to continue to meet the rising need for fuel and electricity. In particular, Brazil needs to address the future status of state oil giant Petróleo Brasilero S.A. (Petrobras), whose pervasive energy sector monopoly is hindering the development of competitive markets and discouraging needed private investment.
Approximately twenty million Brazilians living in remote communities do not have access to reliable electrical power. While the majority of these underserved reside in Brazil’s Northeast, the remainder dwell all over the country -- even in the well-developed states of the South and Southeast regions.
Recent economic analyses indicate that these indigenous energy sources can provide cost-effective and environmentally-sound alternatives to fossil fuel-based generation. With a potential $25 billion renewable energy market, business opportunities are limitless. However, government resources alone cannot meet the demand for off-grid energy, and those resources that are currently available support highly-subsidized programs.
We present a focus on the Renewable Energy Industry in Brazil in its report - Analyzing Renewable Energy in Brazil. The report is a complete analysis of the various sectors of renewable energy in Brazil. Starting with an analysis of the overall business environment in Brazil, the report analyzes the following renewable commodities: small hydro power, biomass, solar, and wind energy. Brazil’s environment for the development of renewable energy is also discussed in details in the report. Regulatory frameworks, government incentives, government programs promoting the use of renewable energy, etc., are all described in the report.
A comprehensive overview of the Brazilian electric power industry is included to indicate the rising demand for energy in the country and how Brazil is planning to meet these requirements. A brief profile of the global energy industry and a profile of the Brazilian energy industry are also included to further enhance the reader’s understanding of the renewable energy market in Brazil.
Major industry players such as Electrobras, Petrobras, Copersucar, etc., are also profiled in the Aruvian’s Analyzing Renewable Energy in Brazil.
Key Topics
- Executive Summary
- A Look at the Global Energy Industry
- Introduction to the Business Environment in Brazil
- Overview of the Brazilian Energy Industry
- Analyzing the Brazilian Electric Power Industry
- Brazil’s Environment for the Development of Renewable Energy
- Analyzing Small Hydro Power (SHP) in Brazil
- Analyzing the Biomass Industry in Brazil
- Analyzing Solar Energy in Brazil
- Analyzing Wind Energy in Brazil
- Leading Industry Contributors
- Appendix
- Glossary of Terms
Companies mentioned:
- Companhia Energética de Minas Gerais (CEMIG)
- Copersucar
- CPFL - Companhia Paulista de Força e Luz
- Furnas Centrais Eletricas S.A
- Petrobras
- Shell Brasil S.A.
- Ultrapar Participações
- Electrobras
For more information visit http://www.researchandmarkets.com/reports/c83940
Contacts Research and MarketsLaura Wood, Senior ManagerFax: +353 1 4100 980press@researchandmarkets.com
Saturday, February 16, 2008
"Addressing Climate Change: The United Nations and the World at Work ".
United Nations General Assembly President Srgjan Kerim convened on 11 and 12 February 2008, at UN Headquarters in New York, a thematic debate entitled "Addressing Climate Change: The United Nations and the World at Work ".
Two interactive panel discussions took place on 11 February in the Trusteeship Council Chamber:
Rising to the Challenge: Parnerships on Climate Change
Responding to a Multifaceted Challence: The UN at Work
On 12 and 13 February 2008 there was a discussion open to all in which Member States made statements.
Carbon NeutralThe thematic debate on climate change is carbon neutral. Over the two day period, the carbon dioxide emissions of the United Nations Headquarters conference venue and the emissions from air travel to bring panelists, special guests, heads of state and government, ministers, and representatives of specially invited NGOs to the debate, have been off-set. This was achieved by investing in a biomass fuel project in Andhra Pradesh, India. The project reduces carbon emissions by displacing fossil-based power generation with renewable energy from agricultural waste that would otherwise rot or burn producing carbon dioxide or methane emissions. In addition to providing power stability to the electric grid and help reduce the ever-increasing demand and supply gap of electricity in the region, this high quality renewable energy project provides significant local social, economic and environmental benefits. Further details on carbon offsetting methodology and the carbon offset project can be found on the information note.
speeches of note-
Keynote address by Sir Richard Branson, Chairman of Virgin Group
Two interactive panel discussions took place on 11 February in the Trusteeship Council Chamber:
Rising to the Challenge: Parnerships on Climate Change
Responding to a Multifaceted Challence: The UN at Work
On 12 and 13 February 2008 there was a discussion open to all in which Member States made statements.
Carbon NeutralThe thematic debate on climate change is carbon neutral. Over the two day period, the carbon dioxide emissions of the United Nations Headquarters conference venue and the emissions from air travel to bring panelists, special guests, heads of state and government, ministers, and representatives of specially invited NGOs to the debate, have been off-set. This was achieved by investing in a biomass fuel project in Andhra Pradesh, India. The project reduces carbon emissions by displacing fossil-based power generation with renewable energy from agricultural waste that would otherwise rot or burn producing carbon dioxide or methane emissions. In addition to providing power stability to the electric grid and help reduce the ever-increasing demand and supply gap of electricity in the region, this high quality renewable energy project provides significant local social, economic and environmental benefits. Further details on carbon offsetting methodology and the carbon offset project can be found on the information note.
speeches of note-
Keynote address by Sir Richard Branson, Chairman of Virgin Group
Thursday, February 14, 2008
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Light Up Thanks to First Solar Earnings
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Stocks Light Up Thanks to First Solar Earnings
Investors Get Encouraging Signs for Solar Technology
POINT ROBERTS, WA and DELTA, BC--Feb 14, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks. First Solar was the bright star of the sector, leading solar stocks on a rally reminding investors of the performance and gains of 2007.
Renewable Energy Stocks solar expert, J Peter Lynch, commented, "First Solar's Q4 07 announcement today dramatically exceeded the street's general consensus resulting in an 20% gain in the stock which was oversold technically in the short term."
Mr. Lynch went on to say, "More importantly their announcement of full scale production and the resultant drop in cost per watt showed investors encouraging signs of PV technology reaching grid parity in the not too distant future and opening up an even more promising future for solar companies worldwide."
Sector Close-Up as of Trading February 13, 2008:
First Solar, Inc.(Market, News) beat the street and rewarded investors with a $52.90 (30.13%) gain with earnings of $62.9 million, 77 cents per share, compared with $8 million, or 12 cents per share, in the year-ago quarter. The rally continued in after market trading with additional gains. Revenues for the fiscal year ended December 29, 2007 were $504.0 million, up from $135.0 million in fiscal year 2006.
According to the company's press release, quoting Michael J. Ahearn, Chief Executive Officer of First Solar, "During the fourth quarter of 2007 we benefited from the full capacity and economies of scale of our Frankfurt/Oder plant. This combined with continued throughput and conversion efficiency gains afforded us strong operating leverage and decreased our manufacturing cost per watt by 12% year over year to $1.12 per watt in the fourth quarter of 2007, further solidifying our cost leadership position in the industry."
Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) had a daily gain of 5.71%. According to Ezra Green, “FSLR earnings are further proof that the Solar sector is viable AND here to stay. We at CSKH are committed to the growth of solar energy by introducing new technologies and innovative methods of integrating solar technology into every sector of the commercial & industrial arena, we applaud their success."
Akeena Solar Inc. (Market, News ) closed up 5.56%.
Evergreen Solar Inc (Market, News) shares were up 1.23 (12.17%) and another 2.20% in after market trading.
LDK Solar ADR (Market, News) had gains of $2.12 (6.32%).
Canadian Solar Inc. (Market, News) radiated, up $2.60 (12.87%).
China Sunergy Company Ltd. (Market, News) was another bright star up 6.87%.
SunPower Corporation (Market, News ) followed the pack with an $8.82 (12.37%) gain.
Yingli Green Energy Holding Company Limited (Market, News) rallied up 16.6 %.
"The solar industry is well on its way towards attaining a significant presence within the broader electric power industry, and as evidenced by the rise in reported revenues by solar manufacturers, is poised for continued strong growth over the foreseeable future," stated Tom Djokovich, CEO of XsunX, Inc.(OTCBB:XSNX). "Grid parity, supported by a global drive to reduce green house gases, government incentives, and aggressive corporate cost-cutting plans, should be attained within five years and drive further impressive solar growth. In my opinion the sky's the limit for solar's future. We're very excited about leveraging our experience with amorphous thin-films to build and operate a module manufacturing facility and begin delivering much needed product into this market in early 2009," concluded Djokovich.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector.
Solar companies Akeena Solar(NASDAQ:AKNS), Clear Skies Group Inc (OTCBB: CSKH) and XsunX:(OTCBB: XSNX) will present in the company of some of the leading experts in the industry. Conference Info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
Investors Get Encouraging Signs for Solar Technology
POINT ROBERTS, WA and DELTA, BC--Feb 14, 2008 -- www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks. First Solar was the bright star of the sector, leading solar stocks on a rally reminding investors of the performance and gains of 2007.
Renewable Energy Stocks solar expert, J Peter Lynch, commented, "First Solar's Q4 07 announcement today dramatically exceeded the street's general consensus resulting in an 20% gain in the stock which was oversold technically in the short term."
Mr. Lynch went on to say, "More importantly their announcement of full scale production and the resultant drop in cost per watt showed investors encouraging signs of PV technology reaching grid parity in the not too distant future and opening up an even more promising future for solar companies worldwide."
Sector Close-Up as of Trading February 13, 2008:
First Solar, Inc.(Market, News) beat the street and rewarded investors with a $52.90 (30.13%) gain with earnings of $62.9 million, 77 cents per share, compared with $8 million, or 12 cents per share, in the year-ago quarter. The rally continued in after market trading with additional gains. Revenues for the fiscal year ended December 29, 2007 were $504.0 million, up from $135.0 million in fiscal year 2006.
According to the company's press release, quoting Michael J. Ahearn, Chief Executive Officer of First Solar, "During the fourth quarter of 2007 we benefited from the full capacity and economies of scale of our Frankfurt/Oder plant. This combined with continued throughput and conversion efficiency gains afforded us strong operating leverage and decreased our manufacturing cost per watt by 12% year over year to $1.12 per watt in the fourth quarter of 2007, further solidifying our cost leadership position in the industry."
Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) had a daily gain of 5.71%. According to Ezra Green, “FSLR earnings are further proof that the Solar sector is viable AND here to stay. We at CSKH are committed to the growth of solar energy by introducing new technologies and innovative methods of integrating solar technology into every sector of the commercial & industrial arena, we applaud their success."
Akeena Solar Inc. (Market, News ) closed up 5.56%.
Evergreen Solar Inc (Market, News) shares were up 1.23 (12.17%) and another 2.20% in after market trading.
LDK Solar ADR (Market, News) had gains of $2.12 (6.32%).
Canadian Solar Inc. (Market, News) radiated, up $2.60 (12.87%).
China Sunergy Company Ltd. (Market, News) was another bright star up 6.87%.
SunPower Corporation (Market, News ) followed the pack with an $8.82 (12.37%) gain.
Yingli Green Energy Holding Company Limited (Market, News) rallied up 16.6 %.
"The solar industry is well on its way towards attaining a significant presence within the broader electric power industry, and as evidenced by the rise in reported revenues by solar manufacturers, is poised for continued strong growth over the foreseeable future," stated Tom Djokovich, CEO of XsunX, Inc.(OTCBB:XSNX). "Grid parity, supported by a global drive to reduce green house gases, government incentives, and aggressive corporate cost-cutting plans, should be attained within five years and drive further impressive solar growth. In my opinion the sky's the limit for solar's future. We're very excited about leveraging our experience with amorphous thin-films to build and operate a module manufacturing facility and begin delivering much needed product into this market in early 2009," concluded Djokovich.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector.
Solar companies Akeena Solar(NASDAQ:AKNS), Clear Skies Group Inc (OTCBB: CSKH) and XsunX:(OTCBB: XSNX) will present in the company of some of the leading experts in the industry. Conference Info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Solar, Inc. (OTC BB:CSKH.OB ) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
Wednesday, February 13, 2008
Abu Dhabi's Masdar Initiative Breaks Ground on Carbon-Neutral City
Abu Dhabi's Masdar Initiative Breaks Ground on Carbon-Neutral City of the FutureTotal project development budget is $22 billion for the world's first zero- carbon, zero-waste city
ABU DHABI, United Arab Emirates, Feb. 9 2008 - Abu Dhabi today broke ground on Masdar City, the world's first zero-carbon, zero-waste, car- free city. The global milestone event was marked by the laying of a virtual cornerstone by His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and a visually stunning production depicting life in the city.
In conjunction with the groundbreaking, Masdar CEO Dr. Sultan Al Jaber announced a total development budget for the city of $22 billion. Of that investment total, Masdar ("the source" in Arabic) will contribute $4 billion to develop the city's infrastructure. The remaining $18 billion will come through direct investments and the creation of various financial instruments to raise needed capital. An essential driver for the development of the city is carbon finance. Carbon emissions reduced by Masdar City will be monetized under the Kyoto Protocol's Clean Development Mechanism.
In addition to full-time residents, Masdar City will seek to attract and encourage collaboration between experts in sustainable transportation; waste management; water and wastewater conservation; green construction, buildings and industrial materials; recycling; biodiversity; climate change, renewable energy and green financial institutions. Masdar will maximize the benefits of sustainable technologies, such as photovoltaic cells and concentrated solar power, through an integrated planning and design approach.
By implementing these technologies, Masdar City will save the equivalent of more than US $2 billion in oil over the next 25 years, based on today's energy prices. The city will also create more than 70,000 jobs and will add more than two percent to Abu Dhabi's annual GDP.
"We are creating a city where residents and commuters will live the highest quality of life with the lowest environmental footprint," said Dr. Al Jaber. "Masdar City will become the world's hub for future energy. By taking sustainable development and living to a new level, it will lead the world in understanding how all future cities should be built."
In addition, the city will achieve unprecedented levels of demand reduction. Highlights include:
-- Seventy-five percent reduction in installed power capacity; Masdar City will require approximately 200 MW of installed clean power versus more than 800 MW of installed capacity to power a similar city based on conventional design
-- Water needs cut by more than half; Masdar City will require around 8,000 m3 per day of desalinated water versus more than 20,000 m3 per day for traditional cities
-- Landfill area severely diminished; a city of this size would have required millions of square meters of landfill area; Masdar City will need virtually no landfill area.
The first step in the city's seven-phase plan is the development of the Masdar Institute of Science and Technology (MIST), the world's first graduate university dedicated to renewable energy. Developed in collaboration with MIT and scheduled to open in 2009, MIST will maintain a body of students and professors focused on developing the next generation of solutions to the world's growing dependence on fossil fuels.
The six-square kilometre district is designed by renowned architecture firm Foster + Partners and set to be completed in 2016 in conjunction with Abu Dhabi's 2030 Development Plan. It will eventually grow to 1,500 businesses and 50,000 residents and will be home to international business and top minds in the field of sustainable and alternative energy. Of this, 30 percent will be zoned for housing; 24 percent for the business and research district; 13 percent for commercial purposes, including light manufacturing; 6 percent for the MIST; 19 percent for service and transportation; and 8 percent for civic and cultural pursuits.
Masdar City is one of the flagship projects of the One Planet Living(TM) programme -- a global initiative launched by WWF (also known as the World Wide Fund for Nature and the World Wildlife Fund). One Planet Living(TM) aims to prove that it is possible to live within ecological limits and still improve the quality of people's lives. One Planet Living(TM) communities, such as Masdar, aim to put the principles of sustainability into practice, and Masdar City exceeds these principles.
Masdar City will be the home of the Masdar Initiative, (www.masdaruae.com) Abu Dhabi's multi-faceted, multi-billion dollar investment in the development and commercialization of innovative technologies in renewable, alternative and sustainable energies as well as sustainable design. In January 2008, Abu Dhabi announced it will invest $15 billion in Masdar, the largest single government investment of its kind.
The groundbreaking ceremony's electricity needs and carbon emissions were entirely offset by solar power reserves produced by Masdar's photovoltaic testing facilities. Since it began producing power for the national grid in December 2007, the facility has generated more than 5,500 kilowatt hours of electricity and saved more than four tons of CO2.
Website: http://www.masdaruae.com/
ABU DHABI, United Arab Emirates, Feb. 9 2008 - Abu Dhabi today broke ground on Masdar City, the world's first zero-carbon, zero-waste, car- free city. The global milestone event was marked by the laying of a virtual cornerstone by His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and a visually stunning production depicting life in the city.
In conjunction with the groundbreaking, Masdar CEO Dr. Sultan Al Jaber announced a total development budget for the city of $22 billion. Of that investment total, Masdar ("the source" in Arabic) will contribute $4 billion to develop the city's infrastructure. The remaining $18 billion will come through direct investments and the creation of various financial instruments to raise needed capital. An essential driver for the development of the city is carbon finance. Carbon emissions reduced by Masdar City will be monetized under the Kyoto Protocol's Clean Development Mechanism.
In addition to full-time residents, Masdar City will seek to attract and encourage collaboration between experts in sustainable transportation; waste management; water and wastewater conservation; green construction, buildings and industrial materials; recycling; biodiversity; climate change, renewable energy and green financial institutions. Masdar will maximize the benefits of sustainable technologies, such as photovoltaic cells and concentrated solar power, through an integrated planning and design approach.
By implementing these technologies, Masdar City will save the equivalent of more than US $2 billion in oil over the next 25 years, based on today's energy prices. The city will also create more than 70,000 jobs and will add more than two percent to Abu Dhabi's annual GDP.
"We are creating a city where residents and commuters will live the highest quality of life with the lowest environmental footprint," said Dr. Al Jaber. "Masdar City will become the world's hub for future energy. By taking sustainable development and living to a new level, it will lead the world in understanding how all future cities should be built."
In addition, the city will achieve unprecedented levels of demand reduction. Highlights include:
-- Seventy-five percent reduction in installed power capacity; Masdar City will require approximately 200 MW of installed clean power versus more than 800 MW of installed capacity to power a similar city based on conventional design
-- Water needs cut by more than half; Masdar City will require around 8,000 m3 per day of desalinated water versus more than 20,000 m3 per day for traditional cities
-- Landfill area severely diminished; a city of this size would have required millions of square meters of landfill area; Masdar City will need virtually no landfill area.
The first step in the city's seven-phase plan is the development of the Masdar Institute of Science and Technology (MIST), the world's first graduate university dedicated to renewable energy. Developed in collaboration with MIT and scheduled to open in 2009, MIST will maintain a body of students and professors focused on developing the next generation of solutions to the world's growing dependence on fossil fuels.
The six-square kilometre district is designed by renowned architecture firm Foster + Partners and set to be completed in 2016 in conjunction with Abu Dhabi's 2030 Development Plan. It will eventually grow to 1,500 businesses and 50,000 residents and will be home to international business and top minds in the field of sustainable and alternative energy. Of this, 30 percent will be zoned for housing; 24 percent for the business and research district; 13 percent for commercial purposes, including light manufacturing; 6 percent for the MIST; 19 percent for service and transportation; and 8 percent for civic and cultural pursuits.
Masdar City is one of the flagship projects of the One Planet Living(TM) programme -- a global initiative launched by WWF (also known as the World Wide Fund for Nature and the World Wildlife Fund). One Planet Living(TM) aims to prove that it is possible to live within ecological limits and still improve the quality of people's lives. One Planet Living(TM) communities, such as Masdar, aim to put the principles of sustainability into practice, and Masdar City exceeds these principles.
Masdar City will be the home of the Masdar Initiative, (www.masdaruae.com) Abu Dhabi's multi-faceted, multi-billion dollar investment in the development and commercialization of innovative technologies in renewable, alternative and sustainable energies as well as sustainable design. In January 2008, Abu Dhabi announced it will invest $15 billion in Masdar, the largest single government investment of its kind.
The groundbreaking ceremony's electricity needs and carbon emissions were entirely offset by solar power reserves produced by Masdar's photovoltaic testing facilities. Since it began producing power for the national grid in December 2007, the facility has generated more than 5,500 kilowatt hours of electricity and saved more than four tons of CO2.
Website: http://www.masdaruae.com/
First Solar Numbers Show Analysts were correct - Long Term Outlook for Solar and Renewable Stocks Remains Bullish
Based on FSLR earning numbers today - repeat of analyst comments on solar stocks :
Renewable Energy Stocks Sector Close- Up on Solar Stocks; Solar Investors See Gains from Sector Leaders
Long Term Outlook for Solar and Renewable Stocks Remains Bullish
POINT ROBERTS, WA and DELTA, BC – January 25, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on solar stocks. With the recent sell- off in the markets in general, solar stocks also took a major hit, loosing significant gains made in 2007. Yesterday’s trading in solar leaders gave investors renewed optimism and faith in the long term prospects for the sector.
Most renewable energy analysts think the long term outlook is bullish and investors should look at this as a selective buying opportunity.
To quote our on- site solar expert, J Peter Lynch: “This in no way alters my bullish view of our bright solar future and solar stocks in general. I just think we are in a period of transition where there will still be plenty of money to be made, but investors will just have to be more savvy and selective in their investments.“
Another analyst, Pavel Molchanov, from Raymond James, noted earlier this week ,” While we clearly do not rule out the possibility of further volatility, we would encourage investors to think long-term, ride out the current storm, and use this as an opportunity to accumulate shares."
Sector Close- Up as of Trading January 24, 2008
Akeena Solar Inc. (Market, News ) closed at $8.13, up $1.08 on the day and showed further gains in after market trading.
Evergreen Solar Inc (Market, News) shares were up only $ 0.19 on the day but showed a 5.2% gain in after market trading.
First Solar, Inc. (Market, News), gave investors a $6.72 upside during market hours, followed by another 2.65% gain after hours.
LDK Solar ADR (Market, News) was up 2.64 (7.55%) as of the market close.
Canadian Solar Inc. (Market, News) posted gains of $1.64, up 9.36%.
SunPower Corporation (Market, News ) broke the daily trend with the stock down $5.04 (6.79%) during market trading, but showing gains after hours. The stock was under pressure on the news of a first-quarter adjusted profit outlook.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar, Clear Skies Group Inc (OTCBB: CSKH) and XsunX: (OTCBB: XSNX) will present in the company of some of the leading experts in the industry. Conference Info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Holdings, Inc. (OTCBB: CSKH) through its wholly-owned subsidiary, Clear Skies Group, Inc. (“CSG”) provides full service renewable energy solutions to commercial, industrial, and agricultural clients across the United States. CSG’s combination of proprietary technology and high-tech solutions with construction expertise has enabled CSG to become one of the nation’s premier solar electric installation companies. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. * XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
Renewable Energy Stocks Sector Close- Up on Solar Stocks; Solar Investors See Gains from Sector Leaders
Long Term Outlook for Solar and Renewable Stocks Remains Bullish
POINT ROBERTS, WA and DELTA, BC – January 25, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close- up on solar stocks. With the recent sell- off in the markets in general, solar stocks also took a major hit, loosing significant gains made in 2007. Yesterday’s trading in solar leaders gave investors renewed optimism and faith in the long term prospects for the sector.
Most renewable energy analysts think the long term outlook is bullish and investors should look at this as a selective buying opportunity.
To quote our on- site solar expert, J Peter Lynch: “This in no way alters my bullish view of our bright solar future and solar stocks in general. I just think we are in a period of transition where there will still be plenty of money to be made, but investors will just have to be more savvy and selective in their investments.“
Another analyst, Pavel Molchanov, from Raymond James, noted earlier this week ,” While we clearly do not rule out the possibility of further volatility, we would encourage investors to think long-term, ride out the current storm, and use this as an opportunity to accumulate shares."
Sector Close- Up as of Trading January 24, 2008
Akeena Solar Inc. (Market, News ) closed at $8.13, up $1.08 on the day and showed further gains in after market trading.
Evergreen Solar Inc (Market, News) shares were up only $ 0.19 on the day but showed a 5.2% gain in after market trading.
First Solar, Inc. (Market, News), gave investors a $6.72 upside during market hours, followed by another 2.65% gain after hours.
LDK Solar ADR (Market, News) was up 2.64 (7.55%) as of the market close.
Canadian Solar Inc. (Market, News) posted gains of $1.64, up 9.36%.
SunPower Corporation (Market, News ) broke the daily trend with the stock down $5.04 (6.79%) during market trading, but showing gains after hours. The stock was under pressure on the news of a first-quarter adjusted profit outlook.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar, Clear Skies Group Inc (OTCBB: CSKH) and XsunX: (OTCBB: XSNX) will present in the company of some of the leading experts in the industry. Conference Info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Holdings, Inc. (OTCBB: CSKH) through its wholly-owned subsidiary, Clear Skies Group, Inc. (“CSG”) provides full service renewable energy solutions to commercial, industrial, and agricultural clients across the United States. CSG’s combination of proprietary technology and high-tech solutions with construction expertise has enabled CSG to become one of the nation’s premier solar electric installation companies. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. * XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
Tuesday, February 12, 2008
Online Greentech Investor Conference Presenters Include: Mary D. Nichols: Chairman, California Air Resources Board; Neil D. Berlant
Online Greentech Investor Conference Presenters Include: Mary D. Nichols: Chairman, California Air Resources Board; Neil D. Berlant: Fund Manager of the PFW Water Fund; Robert Wilder: WilderHill Clean Energy Index and Well-Known Leaders in Finance and Industry
Keynotes Akeena Solar, Inc. and Yahoo!'s Director of Climate and Energy Strategy Present With Public Companies and Industry Leaders to Provide Insight Into Global Green Trends
POINT ROBERTS, WA and DELTA, BC---Feb 12, 2008 -- www.InvestorIdeas.com and Renewableenergystocks.com, global investor and industry Greentech portals, update the list of presenters for the 2008 Investorideas.com Global Greentech Online Investor Conference, March 21, 2008. The online conference themed: "Insight into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, and Water," proudly features some of the most well-respected industry leaders and investment minds in the sector today.
The online conference, free to investors, will include Audio and Media presentations from industry, government, venture capital, funds, indices and global publicly traded companies. Conference info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Long-time environmentalist Mary D. Nichols, Chairman, California Air Resources Board, will be one of the presenting speakers. Mary D. Nichols, JD, was appointed Chair of the California Air Resources Board in July 2007, a post she held previously under Gov. Edmund H. Brown, Jr. from 1979 to 1983. At CARB she is responsible for implementing California's landmark greenhouse gas emissions legislation as well as setting air pollution standards for motor vehicles and fuels.
Other well-known industry presenters include: Neil D. Berlant: Fund Manager of the PFW Water Fund; Rafael Coven: Managing Partner, Cleantech Indices(TM); Neal M. Dikeman: Jane Capital Partners LLC; Peter C. Fusaro: Chairman, Global Change Associates; Joshua Levine: Editor, ChangeWave Investing and ChangeWave MicroCap Investor (www.Changewave.com); J. Peter Lynch: Solar Expert; Yeves Perez: CEO & CGO, Eco Investment Club (http://www.ecoinvestmentclub.com); Matthew Sant: Partner, Irell & Manella LLP; Robert Wilder: J.D., Ph.D., WilderHill Clean Energy Index (www.wildershares.com); Jamie Wimberly: CEO of Distributed Energy Financial Group (DEFG, www.defgllc.com); and Brian C. Yerger: Research Analyst, Jesup & Lamont Securities.
Keynote Participating Public Companies:
Yahoo! Inc.
Interview with Christina Page, Yahoo!'s Director of Climate and Energy
Strategy
Akeena Solar, Inc. (NasdaqCM:AKNS - News)
Barry Cinnamon, CEO, will discuss "The Path of Solar to Grid Parity an End
Users Perspective"
Additional Presenters; Featured Companies:
Clear Skies Solar, Inc. (OTC BB:CSKH.OB - News) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. www.ClearSkiesGroup.com
XsunX, Inc. (OTC BB:XSNX.OB - News), based in Aliso Viejo, Calif., is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. www.XsunX.com
ZAP (OTC BB:ZAAP.OB - News) has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. www.ZapWorld.com
The in-depth online conference will be available March 21st, 2008, starting at 9:00 am EDT and archived 3-6 months thereafter. The conference format will consist of an audio presentation (average 15 minutes) with images in a slideshow presentation, in Flash format. The conference is free to online visitors with login registration.
About Our Green Investor Portals: Renewableenergystocks.com
Investorideas.com has four investor and industry research portals within the renewable energy, water, environment and fuel cells sectors, featuring news, articles, leading experts and financial columnists, audio interviews and Podcasts with leaders and innovators in Greentech, investor conferences, blogs, and a comprehensive global directory of publicly traded stocks.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Presenting public companies, other than featured companies which compensate Investorideas.com on a monthly basis, pay a one time fee of $1000 to present. For disclosure and disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Contact:
For companies wanting to participate and more information contact:
Dawn Van Zant
800.665.0411
Email: Email Contact
Keynotes Akeena Solar, Inc. and Yahoo!'s Director of Climate and Energy Strategy Present With Public Companies and Industry Leaders to Provide Insight Into Global Green Trends
POINT ROBERTS, WA and DELTA, BC---Feb 12, 2008 -- www.InvestorIdeas.com and Renewableenergystocks.com, global investor and industry Greentech portals, update the list of presenters for the 2008 Investorideas.com Global Greentech Online Investor Conference, March 21, 2008. The online conference themed: "Insight into Global Green Investing Trends and Opportunities in Solar, Wind, Biofuel, Green Transportation, and Water," proudly features some of the most well-respected industry leaders and investment minds in the sector today.
The online conference, free to investors, will include Audio and Media presentations from industry, government, venture capital, funds, indices and global publicly traded companies. Conference info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Long-time environmentalist Mary D. Nichols, Chairman, California Air Resources Board, will be one of the presenting speakers. Mary D. Nichols, JD, was appointed Chair of the California Air Resources Board in July 2007, a post she held previously under Gov. Edmund H. Brown, Jr. from 1979 to 1983. At CARB she is responsible for implementing California's landmark greenhouse gas emissions legislation as well as setting air pollution standards for motor vehicles and fuels.
Other well-known industry presenters include: Neil D. Berlant: Fund Manager of the PFW Water Fund; Rafael Coven: Managing Partner, Cleantech Indices(TM); Neal M. Dikeman: Jane Capital Partners LLC; Peter C. Fusaro: Chairman, Global Change Associates; Joshua Levine: Editor, ChangeWave Investing and ChangeWave MicroCap Investor (www.Changewave.com); J. Peter Lynch: Solar Expert; Yeves Perez: CEO & CGO, Eco Investment Club (http://www.ecoinvestmentclub.com); Matthew Sant: Partner, Irell & Manella LLP; Robert Wilder: J.D., Ph.D., WilderHill Clean Energy Index (www.wildershares.com); Jamie Wimberly: CEO of Distributed Energy Financial Group (DEFG, www.defgllc.com); and Brian C. Yerger: Research Analyst, Jesup & Lamont Securities.
Keynote Participating Public Companies:
Yahoo! Inc.
Interview with Christina Page, Yahoo!'s Director of Climate and Energy
Strategy
Akeena Solar, Inc. (NasdaqCM:AKNS - News)
Barry Cinnamon, CEO, will discuss "The Path of Solar to Grid Parity an End
Users Perspective"
Additional Presenters; Featured Companies:
Clear Skies Solar, Inc. (OTC BB:CSKH.OB - News) through its wholly owned subsidiary, Clear Skies Group, Inc., provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. CSG was incorporated in 2003 and launched formal operations in 2005. During that time period, CSG developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise on the renewable energy sector. CSG has become one of the premier solar electric installation companies in the country. www.ClearSkiesGroup.com
XsunX, Inc. (OTC BB:XSNX.OB - News), based in Aliso Viejo, Calif., is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. www.XsunX.com
ZAP (OTC BB:ZAAP.OB - News) has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. www.ZapWorld.com
The in-depth online conference will be available March 21st, 2008, starting at 9:00 am EDT and archived 3-6 months thereafter. The conference format will consist of an audio presentation (average 15 minutes) with images in a slideshow presentation, in Flash format. The conference is free to online visitors with login registration.
About Our Green Investor Portals: Renewableenergystocks.com
Investorideas.com has four investor and industry research portals within the renewable energy, water, environment and fuel cells sectors, featuring news, articles, leading experts and financial columnists, audio interviews and Podcasts with leaders and innovators in Greentech, investor conferences, blogs, and a comprehensive global directory of publicly traded stocks.
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: Presenting public companies, other than featured companies which compensate Investorideas.com on a monthly basis, pay a one time fee of $1000 to present. For disclosure and disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Contact:
For companies wanting to participate and more information contact:
Dawn Van Zant
800.665.0411
Email: Email Contact
Wednesday, February 06, 2008
Electric Car News Hi- Lites
Here is a run of recent news on electric cars - showing how the global market is becoming more and more receptive and how more players are entering the marketplace
Soon drivers will run out of old excuses to not go green ...
Electric car news ...
Scooter-maker Piaggio set to begin electric car sales in one monthHa'aretz - Tel Aviv,IsraelBy Daniel Schmil, TheMarker Scooter maker Piaggio will be the first company to market an electric car in Israel. Sales are set to begin in about a month
Electric car sparks lesson on skills, efficiencyBusiness Gazette - Gaithersburg,MD,USA‘‘I would love to drive an electric car, that’s for sure. ... It’s 100 percent efficient.” Students also learned about the different kinds of batteries
Meet the 156mph electric carAutocar - Teddington,England,UKIt's being developed by the Joint Venture group – a company set up for the Alias project by American electric car maker, ZAP (OTCBB:ZAAP ) , and China Youngman Automotive
Helping the World's Oceans Begins at Home With Solar EnergyFOXBusiness - USAHe has made a personal commitment to use solar electricity to lower his carbon footprint not only for his studio but also his car, a Zenn electric car
Plans for $30K electric sports car unveiled (5 February 2008)Environmental Data Interactive - UKAn electric car manufacturer has announced plans for a new car that will be able to top 100miles per hour and do 0 to 60 in just 5.7 seconds
ZAP Sells 614 Electric Cars Following Largest Dealer SeminarAuto Spectator - USAOB) added six new electric car dealers at its first dealer sales and service training of 2008 yesterday, collecting signed purchase orders totaling 614
Three-wheeled ZAP Alias can beat a Porsche
By Gary Cleland
A new three-wheeled car with a top speed of 156mph will revolutionise driving when it is launched next year, its makers claim.
Soon drivers will run out of old excuses to not go green ...
Electric car news ...
Scooter-maker Piaggio set to begin electric car sales in one monthHa'aretz - Tel Aviv,IsraelBy Daniel Schmil, TheMarker Scooter maker Piaggio will be the first company to market an electric car in Israel. Sales are set to begin in about a month
Electric car sparks lesson on skills, efficiencyBusiness Gazette - Gaithersburg,MD,USA‘‘I would love to drive an electric car, that’s for sure. ... It’s 100 percent efficient.” Students also learned about the different kinds of batteries
Meet the 156mph electric carAutocar - Teddington,England,UKIt's being developed by the Joint Venture group – a company set up for the Alias project by American electric car maker, ZAP (OTCBB:ZAAP ) , and China Youngman Automotive
Helping the World's Oceans Begins at Home With Solar EnergyFOXBusiness - USAHe has made a personal commitment to use solar electricity to lower his carbon footprint not only for his studio but also his car, a Zenn electric car
Plans for $30K electric sports car unveiled (5 February 2008)Environmental Data Interactive - UKAn electric car manufacturer has announced plans for a new car that will be able to top 100miles per hour and do 0 to 60 in just 5.7 seconds
ZAP Sells 614 Electric Cars Following Largest Dealer SeminarAuto Spectator - USAOB) added six new electric car dealers at its first dealer sales and service training of 2008 yesterday, collecting signed purchase orders totaling 614
Three-wheeled ZAP Alias can beat a Porsche
By Gary Cleland
A new three-wheeled car with a top speed of 156mph will revolutionise driving when it is launched next year, its makers claim.
Tuesday, February 05, 2008
Global Climate Change Response Can Spur $7 Trillion in Clean Energy Investment by 2030: CERA Analysis
Global Climate Change Response Can Spur $7 Trillion in Clean Energy Investment by 2030: CERA Analysis
In "Launch Pad" Scenario, Renewable Power & Biofuels Could Supply 16% of Global Electric & Transportation Fuel Needs by 2030
CAMBRIDGE, Mass.--February 5, 2008 Increasing public concerns about climate change -- and its potential economic and political security consequences -- are driving public policy and private investment to bring clean energy technologies from the fringes of the global energy industry to the center of activities as quickly as possible, a new analysis by Cambridge Energy Research Associates (CERA) has concluded. The result of this rising public and private momentum is an increase in worldwide clean energy investment that could surpass US$7 trillion by 2030 in cumulative real 2007 dollars, according to the CERA report Crossing the Divide: The Future of Clean Energy.
“We are seeing a major shift in public opinion, reinforced by the expectation that carbon policies could fundamentally change the competitive landscape of the global energy business,” said Daniel Yergin, CERA Chairman and IHS Executive Vice President. “This is providing a vital impetus that is moving clean technology across the great divide of cost, proven results, scale and maturity that has separated it from markets served by mainstream technologies and processes.”
Key Insights
“The rapidly advancing new paradigms of climate change, energy security, and policy implementation and cooperation among the United States, the European Union, China and others will produce a broad range of opportunities, risks and pitfalls as the modern energy industry increasingly moves to adopt clean technologies that will be part of the alternative, low-carbon pathway to the energy future,” said Robert LaCount, head of CERA’s Climate Change and Clean Energy Group.
“All participants in the global energy business, from traditional incumbents such as electrical power companies and major oil and gas companies to new entrants such as venture capital firms,” he added, “will play a role in shaping this alternative energy future. CERA’s Crossing the Divide analysis offers a number of key insights about potentially significant clean energy opportunities for almost every energy sector participant:
There is already a “bubbling” of clean energy clusters – Some places are becoming concentrations of political, technical, institutional and financial clean energy specialization and experience. Examples include Brazil in biofuels, Germany in photovoltaic (PV) technology, Spain in wind technologies. Renewable power technologies are poised for substantial growth – Wind will make the largest gains, followed by solar power and biomass — despite near-term bottlenecks in wind turbine manufacturing, supply shortages in silicon, and competitive pressures from escalating component costs. Government policy remains a key driver for clean energy advancement – Putting a price on CO2 emissions, setting mandates, and providing subsidies all work to kick-start clean energy technologies by overcoming the economic advantage of conventional technologies. The challenge in the years ahead is to provide subsidies in a way that ensures that these technologies get off the drawing board and are able to wean themselves from support – allowing for a phase-out rather than an increase in subsidies – as they become commercially viable on their own. Conventional emission-free technologies – Nuclear and hydroelectric generation will account for most of the clean energy impact for the next decade, and almost half the gross clean power additions by 2030. Disruptive technology potential – Clean energy technology could have disruptive rather than incremental impact. Modular and distributed PV could disrupt traditional central-station models of electricity production and distribution. Breakthroughs in cellulosic ethanol can disrupt the traditional vehicle fuel system if scale, logistics, and costs prove manageable. Conventional biofuel feedstocks, such as grains and oilseeds, may also produce serious unintended consequences such as disruption in global agricultural prices as well as land and water use patterns, as well as a policy backlash. Asia demand and manufacturing – Rapid economic growth may push Asian energy needs from 30 percent of current global demand to 40 percent by 2030; combined with its manufacturing cost-competitiveness, this could make Asia a nexus for clean energy technology research, development and equipment production. Clean Technology Drivers
Across the entire range of potential scenarios, Crossing the Divide identified the primary drivers that affect the pace of clean energy technological development and its commercial success:
Oil & natural gas prices – Directly affect the economics of clean energy technologies, energy security concerns, biofuels development, renewable power and conventional clean energy. Government policy – Central to development of all clean energy technologies, with sustained government support ensuring ongoing research, seed money and confidence for investors; the sustainability of support policies shapes the timing and ultimate success of new technologies, particularly to the degree to which it encourages private investment. Pace of technology innovation – Movement of technologies from the fringe to the center of the energy business is heavily dependent on policy support and private investment, which, in turn, is strongly affected by fossil fuel price cycles, carbon pricing, and expectations. Economic growth – Affects energy demand and carbon emissions as well as the political and financial support for research and development of new clean energy technologies. The Big Three: “The Big Three” in terms of energy consumption – the United States, the European Union and China – will have a major impact on development of “clean energy,” along with certain other countries, particularly Japan and Brazil. Scenarios Findings
CERA’s analysis used a scenarios framework to assess the winners and losers among various clean energy technologies and help define key risks and opportunities as companies seek to place their technology bets. The analysis addressed new and conventional energy technologies that can provide energy with a minimal carbon footprint and facilitate greater energy security. These technologies include biofuels, renewable power technologies, carbon capture and storage, nuclear and hydropower. While CERA’s scenarios provide widely different outcomes, advances occur in at least some clean energy technologies across all three scenarios.
In the Launch Pad scenario, strong energy prices, growing public pressure to control CO2 emissions, and a stable investment environment coalesce to drive the development and adoption of a wide range of clean energy technologies. Renewable power capacity grows from three to 16 percent of global capacity and biofuels grow from less than two percent to 16 percent of the total road transportation fuels market.
In contrast to Launch Pad’s broad-based advancement of clean energy, the Global Fissures scenario highlights how weaker global economic growth coupled with increasing global tensions and political insecurity could lead to an uneven outlook for clean energy technologies. In the Global Fissures scenario, renewable power capacity grows to seven percent of the global power mix, but nuclear power experiences little growth and carbon capture and storage technology fails to develop commercially by 2030.
The Asian Phoenix scenario describes a world where the global balance of geopolitical and economic power shifts to Asia, expanding Asia’s role as both consumer and exporter of clean energy technologies. Although concerns over climate change influence political agendas, a global patchwork of uncoordinated policies result in inconsistent government support programs leading to periods of fits and starts for private investment flows, and limiting technological and commercial breakthroughs. Renewable power grows to 10 percent of global capacity and biofuels capture seven percent of the market for road transportation fuels.
"Crossing the Divide and the CERA scenarios highlight that the future of clean energy can take several paths," said Lawrence Makovich, CERA vice president and senior advisor. "This demonstrates how important not only technology, but also well-crafted energy policy are to shaping the energy future."
The Crossing the Divide analysis combined the collective input of study participants with CERA’s broad research capabilities and deep expertise in a range of energy segments and geographic regions to help gauge the expectations for clean energy and align them with reality. Highlights of each technology include the following:
Biofuels. Development of biofuels is rapidly growing around the world, driven by rising global oil prices and transportation demand. Support for biofuels is also driven by interest in promoting domestic agricultural sectors. Based on the state of current technologies, however, biofuels promise to displace a relatively small fraction of petroleum, owing to twin constraints: competition for land with food crops and relatively high production costs. More petroleum could be displaced if next generation technology is developed that converts more plentiful nonfood biomass into fuel and expands the useable crop base, but significant cost and technology hurdles must first be overcome. Biotechnology may surprise and shine a light on the appropriate solutions. Wind. Given its relatively low cost compared with other renewable power alternatives, wind is the leading renewable technology in power generation worldwide in terms of installed capacity. As favorable onshore resources are harnessed, the key to maintaining wind capacity growth will be movement to low-speed onshore sites and offshore wind development. The majority of all new wind capacity (approximately 80 percent) is expected to come online in Asia and Europe, with almost all of the remainder in North America. Biomass. Europe continues to lead the way in biomass power growth for electric generation through its bioenergy policy initiatives. Cost-effective, dedicated biomass crops would create a breakthrough for this technology. Geothermal power. Current trends indicate that new geothermal power projects should increase installed capacity by 50 percent or more in the next five years as the number of countries with geothermal power operations roughly doubles to over 40. Enhanced geothermal systems (EGS), commonly known as “hot rocks,” may hold the greatest potential for expanding the role of geothermal energy. EGS takes advantage of the heat locked in impermeable rock layers deep below the earth’s surface through artificially created geothermal reservoirs. Although EGS technology shows great promise, it is still in a formative stage of development and must overcome a number of challenges before becoming a viable energy source. Solar PV. Solar enjoys fast growth globally, with installations increasing from just over three GW in 1996 to 6.5 GW in 2006. Solar PV is primarily a decentralized source of power generation that produces electricity directly from sunlight without moving parts or the need for significant balance-of-plant equipment. It is versatile in terms of applications, ranging from integration in lighting products and building materials to modular power installations that provide power to the grid. Its versatility and falling manufacturing costs make solar PV attractive to the investment community looking for clean energy technologies with near-term market potential. Still, solar PV–generated electricity costs significantly more than conventional power generation and requires subsidies to compensate. Concentrating solar power (CSP). CSP is a large-scale, centralized power production technology that concentrates sunlight to generate heat that is used to produce steam-generated electricity. Although solar PV is more widely known, CSP technologies are actually much less expensive and more appropriately sized for utility-scale generation. However, they still require subsidies in order to compete in the marketplace. Emerging CSP technologies can be equipped with thermal storage systems that reduce the impact of solar energy’s intermittence. Ocean. The enormous energy potential of ocean resources is unlikely to provide a significant contribution to world electricity supplies for the next few decades owing to the early-stage nature of the technology. Successful demonstration projects, cost reductions and policy development on standards for resource use will be required to advance the growth of ocean energy. However, successful projects could have an impact on a local level, and within the next half century a tidal power plant with a capacity as big as or bigger than the Hoover Dam or the Yangtze River Dam is possible. Carbon capture and storage (CCS). Carbon capture and storage is a combination of technologies that holds promise of bringing fossil fuel combustion into the clean energy portfolio. If done on a large enough scale, capturing and effectively storing CO2 before it reaches the atmosphere could fundamentally alter the carbon footprint of conventional fossil fuels. Even in the best case, CCS is at least two decades away from large scale deployment. Carbon capture technology is likely to advance well ahead of storage technology. Technical hurdles to carbon capture will be addressed in technology trials over the next decade while the associated political, regulatory and legal issues are worked out. Nuclear. Nuclear power is an important part of the world’s current electricity mix, providing 15 percent of global power generation. Future prospects for new nuclear construction, buoyed by growing concerns over climate change and energy security, could support new nuclear build of up to 700 GW of installed capacity by 2030. However, many challenges lie ahead with regard to policy, capital costs, waste management — and public opinion. There is always the risk of a major safety incident or a successful terrorist attack which could seriously impede the progress of nuclear power. Hydropower. Many developing economies and power systems are following the path set by the developed economies and maximizing their domestic hydroelectric potential to support economic development. Like nuclear, hydropower currently provides a significant portion of global power generation (16 percent) and is also poised for growth over the next few decades. Particularly in developing economies in Asia and Latin America, up to 600 GW of new capacity could be added through 2030. Hydropower engenders controversy, however, based on the social displacement and environmental impacts associated with large-scale dams and reservoirs. About CERA (www.cera.com)
Cambridge Energy Research Associates (CERA), an IHS company (NYSE:IHS - News), is a leading advisor to energy companies, consumers, financial institutions, technology providers, and governments. CERA (www.cera.com) delivers strategic knowledge and independent analysis on energy markets, geopolitics, industry trends, and strategy. CERA is based in Cambridge, Massachusetts, and has offices in Beijing, Calgary, Mexico City, Moscow, Paris, Rio de Janeiro, San Francisco and Washington, D.C.
About IHS (www.ihs.com)
IHS (NYSE: IHS - News) is a leading global source of critical information and insight for customers in a broad range of industries. Our customer product and service solutions span four major areas of information: energy, product lifecycle management, environmental and security. By focusing on our customers first, we deliver data and expertise that enable innovative and successful decision-making. Customers range from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS has been in business since 1959 and employs more than 3,000 people in 35 locations around the world.
© 2008, IHS is a registered trademark of IHS Inc. CERA is a registered trademark of Cambridge Energy Research Associates, Inc. Copyright ©2008 IHS Inc. All rights reserved.
Contact:CERABethany Genier, +1-617-866-5142bgenier@cera.com
In "Launch Pad" Scenario, Renewable Power & Biofuels Could Supply 16% of Global Electric & Transportation Fuel Needs by 2030
CAMBRIDGE, Mass.--February 5, 2008 Increasing public concerns about climate change -- and its potential economic and political security consequences -- are driving public policy and private investment to bring clean energy technologies from the fringes of the global energy industry to the center of activities as quickly as possible, a new analysis by Cambridge Energy Research Associates (CERA) has concluded. The result of this rising public and private momentum is an increase in worldwide clean energy investment that could surpass US$7 trillion by 2030 in cumulative real 2007 dollars, according to the CERA report Crossing the Divide: The Future of Clean Energy.
“We are seeing a major shift in public opinion, reinforced by the expectation that carbon policies could fundamentally change the competitive landscape of the global energy business,” said Daniel Yergin, CERA Chairman and IHS Executive Vice President. “This is providing a vital impetus that is moving clean technology across the great divide of cost, proven results, scale and maturity that has separated it from markets served by mainstream technologies and processes.”
Key Insights
“The rapidly advancing new paradigms of climate change, energy security, and policy implementation and cooperation among the United States, the European Union, China and others will produce a broad range of opportunities, risks and pitfalls as the modern energy industry increasingly moves to adopt clean technologies that will be part of the alternative, low-carbon pathway to the energy future,” said Robert LaCount, head of CERA’s Climate Change and Clean Energy Group.
“All participants in the global energy business, from traditional incumbents such as electrical power companies and major oil and gas companies to new entrants such as venture capital firms,” he added, “will play a role in shaping this alternative energy future. CERA’s Crossing the Divide analysis offers a number of key insights about potentially significant clean energy opportunities for almost every energy sector participant:
There is already a “bubbling” of clean energy clusters – Some places are becoming concentrations of political, technical, institutional and financial clean energy specialization and experience. Examples include Brazil in biofuels, Germany in photovoltaic (PV) technology, Spain in wind technologies. Renewable power technologies are poised for substantial growth – Wind will make the largest gains, followed by solar power and biomass — despite near-term bottlenecks in wind turbine manufacturing, supply shortages in silicon, and competitive pressures from escalating component costs. Government policy remains a key driver for clean energy advancement – Putting a price on CO2 emissions, setting mandates, and providing subsidies all work to kick-start clean energy technologies by overcoming the economic advantage of conventional technologies. The challenge in the years ahead is to provide subsidies in a way that ensures that these technologies get off the drawing board and are able to wean themselves from support – allowing for a phase-out rather than an increase in subsidies – as they become commercially viable on their own. Conventional emission-free technologies – Nuclear and hydroelectric generation will account for most of the clean energy impact for the next decade, and almost half the gross clean power additions by 2030. Disruptive technology potential – Clean energy technology could have disruptive rather than incremental impact. Modular and distributed PV could disrupt traditional central-station models of electricity production and distribution. Breakthroughs in cellulosic ethanol can disrupt the traditional vehicle fuel system if scale, logistics, and costs prove manageable. Conventional biofuel feedstocks, such as grains and oilseeds, may also produce serious unintended consequences such as disruption in global agricultural prices as well as land and water use patterns, as well as a policy backlash. Asia demand and manufacturing – Rapid economic growth may push Asian energy needs from 30 percent of current global demand to 40 percent by 2030; combined with its manufacturing cost-competitiveness, this could make Asia a nexus for clean energy technology research, development and equipment production. Clean Technology Drivers
Across the entire range of potential scenarios, Crossing the Divide identified the primary drivers that affect the pace of clean energy technological development and its commercial success:
Oil & natural gas prices – Directly affect the economics of clean energy technologies, energy security concerns, biofuels development, renewable power and conventional clean energy. Government policy – Central to development of all clean energy technologies, with sustained government support ensuring ongoing research, seed money and confidence for investors; the sustainability of support policies shapes the timing and ultimate success of new technologies, particularly to the degree to which it encourages private investment. Pace of technology innovation – Movement of technologies from the fringe to the center of the energy business is heavily dependent on policy support and private investment, which, in turn, is strongly affected by fossil fuel price cycles, carbon pricing, and expectations. Economic growth – Affects energy demand and carbon emissions as well as the political and financial support for research and development of new clean energy technologies. The Big Three: “The Big Three” in terms of energy consumption – the United States, the European Union and China – will have a major impact on development of “clean energy,” along with certain other countries, particularly Japan and Brazil. Scenarios Findings
CERA’s analysis used a scenarios framework to assess the winners and losers among various clean energy technologies and help define key risks and opportunities as companies seek to place their technology bets. The analysis addressed new and conventional energy technologies that can provide energy with a minimal carbon footprint and facilitate greater energy security. These technologies include biofuels, renewable power technologies, carbon capture and storage, nuclear and hydropower. While CERA’s scenarios provide widely different outcomes, advances occur in at least some clean energy technologies across all three scenarios.
In the Launch Pad scenario, strong energy prices, growing public pressure to control CO2 emissions, and a stable investment environment coalesce to drive the development and adoption of a wide range of clean energy technologies. Renewable power capacity grows from three to 16 percent of global capacity and biofuels grow from less than two percent to 16 percent of the total road transportation fuels market.
In contrast to Launch Pad’s broad-based advancement of clean energy, the Global Fissures scenario highlights how weaker global economic growth coupled with increasing global tensions and political insecurity could lead to an uneven outlook for clean energy technologies. In the Global Fissures scenario, renewable power capacity grows to seven percent of the global power mix, but nuclear power experiences little growth and carbon capture and storage technology fails to develop commercially by 2030.
The Asian Phoenix scenario describes a world where the global balance of geopolitical and economic power shifts to Asia, expanding Asia’s role as both consumer and exporter of clean energy technologies. Although concerns over climate change influence political agendas, a global patchwork of uncoordinated policies result in inconsistent government support programs leading to periods of fits and starts for private investment flows, and limiting technological and commercial breakthroughs. Renewable power grows to 10 percent of global capacity and biofuels capture seven percent of the market for road transportation fuels.
"Crossing the Divide and the CERA scenarios highlight that the future of clean energy can take several paths," said Lawrence Makovich, CERA vice president and senior advisor. "This demonstrates how important not only technology, but also well-crafted energy policy are to shaping the energy future."
The Crossing the Divide analysis combined the collective input of study participants with CERA’s broad research capabilities and deep expertise in a range of energy segments and geographic regions to help gauge the expectations for clean energy and align them with reality. Highlights of each technology include the following:
Biofuels. Development of biofuels is rapidly growing around the world, driven by rising global oil prices and transportation demand. Support for biofuels is also driven by interest in promoting domestic agricultural sectors. Based on the state of current technologies, however, biofuels promise to displace a relatively small fraction of petroleum, owing to twin constraints: competition for land with food crops and relatively high production costs. More petroleum could be displaced if next generation technology is developed that converts more plentiful nonfood biomass into fuel and expands the useable crop base, but significant cost and technology hurdles must first be overcome. Biotechnology may surprise and shine a light on the appropriate solutions. Wind. Given its relatively low cost compared with other renewable power alternatives, wind is the leading renewable technology in power generation worldwide in terms of installed capacity. As favorable onshore resources are harnessed, the key to maintaining wind capacity growth will be movement to low-speed onshore sites and offshore wind development. The majority of all new wind capacity (approximately 80 percent) is expected to come online in Asia and Europe, with almost all of the remainder in North America. Biomass. Europe continues to lead the way in biomass power growth for electric generation through its bioenergy policy initiatives. Cost-effective, dedicated biomass crops would create a breakthrough for this technology. Geothermal power. Current trends indicate that new geothermal power projects should increase installed capacity by 50 percent or more in the next five years as the number of countries with geothermal power operations roughly doubles to over 40. Enhanced geothermal systems (EGS), commonly known as “hot rocks,” may hold the greatest potential for expanding the role of geothermal energy. EGS takes advantage of the heat locked in impermeable rock layers deep below the earth’s surface through artificially created geothermal reservoirs. Although EGS technology shows great promise, it is still in a formative stage of development and must overcome a number of challenges before becoming a viable energy source. Solar PV. Solar enjoys fast growth globally, with installations increasing from just over three GW in 1996 to 6.5 GW in 2006. Solar PV is primarily a decentralized source of power generation that produces electricity directly from sunlight without moving parts or the need for significant balance-of-plant equipment. It is versatile in terms of applications, ranging from integration in lighting products and building materials to modular power installations that provide power to the grid. Its versatility and falling manufacturing costs make solar PV attractive to the investment community looking for clean energy technologies with near-term market potential. Still, solar PV–generated electricity costs significantly more than conventional power generation and requires subsidies to compensate. Concentrating solar power (CSP). CSP is a large-scale, centralized power production technology that concentrates sunlight to generate heat that is used to produce steam-generated electricity. Although solar PV is more widely known, CSP technologies are actually much less expensive and more appropriately sized for utility-scale generation. However, they still require subsidies in order to compete in the marketplace. Emerging CSP technologies can be equipped with thermal storage systems that reduce the impact of solar energy’s intermittence. Ocean. The enormous energy potential of ocean resources is unlikely to provide a significant contribution to world electricity supplies for the next few decades owing to the early-stage nature of the technology. Successful demonstration projects, cost reductions and policy development on standards for resource use will be required to advance the growth of ocean energy. However, successful projects could have an impact on a local level, and within the next half century a tidal power plant with a capacity as big as or bigger than the Hoover Dam or the Yangtze River Dam is possible. Carbon capture and storage (CCS). Carbon capture and storage is a combination of technologies that holds promise of bringing fossil fuel combustion into the clean energy portfolio. If done on a large enough scale, capturing and effectively storing CO2 before it reaches the atmosphere could fundamentally alter the carbon footprint of conventional fossil fuels. Even in the best case, CCS is at least two decades away from large scale deployment. Carbon capture technology is likely to advance well ahead of storage technology. Technical hurdles to carbon capture will be addressed in technology trials over the next decade while the associated political, regulatory and legal issues are worked out. Nuclear. Nuclear power is an important part of the world’s current electricity mix, providing 15 percent of global power generation. Future prospects for new nuclear construction, buoyed by growing concerns over climate change and energy security, could support new nuclear build of up to 700 GW of installed capacity by 2030. However, many challenges lie ahead with regard to policy, capital costs, waste management — and public opinion. There is always the risk of a major safety incident or a successful terrorist attack which could seriously impede the progress of nuclear power. Hydropower. Many developing economies and power systems are following the path set by the developed economies and maximizing their domestic hydroelectric potential to support economic development. Like nuclear, hydropower currently provides a significant portion of global power generation (16 percent) and is also poised for growth over the next few decades. Particularly in developing economies in Asia and Latin America, up to 600 GW of new capacity could be added through 2030. Hydropower engenders controversy, however, based on the social displacement and environmental impacts associated with large-scale dams and reservoirs. About CERA (www.cera.com)
Cambridge Energy Research Associates (CERA), an IHS company (NYSE:IHS - News), is a leading advisor to energy companies, consumers, financial institutions, technology providers, and governments. CERA (www.cera.com) delivers strategic knowledge and independent analysis on energy markets, geopolitics, industry trends, and strategy. CERA is based in Cambridge, Massachusetts, and has offices in Beijing, Calgary, Mexico City, Moscow, Paris, Rio de Janeiro, San Francisco and Washington, D.C.
About IHS (www.ihs.com)
IHS (NYSE: IHS - News) is a leading global source of critical information and insight for customers in a broad range of industries. Our customer product and service solutions span four major areas of information: energy, product lifecycle management, environmental and security. By focusing on our customers first, we deliver data and expertise that enable innovative and successful decision-making. Customers range from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS has been in business since 1959 and employs more than 3,000 people in 35 locations around the world.
© 2008, IHS is a registered trademark of IHS Inc. CERA is a registered trademark of Cambridge Energy Research Associates, Inc. Copyright ©2008 IHS Inc. All rights reserved.
Contact:CERABethany Genier, +1-617-866-5142bgenier@cera.com
Monday, February 04, 2008
Al Gore Makes Green
Al Gore Makes Green
Founder of Current Media to Benefit from Current Media Inc IPO
www.RenewableEnergyStocks.com Reports on Current Media IPO Filing
Who says it’s not easy being green? ….
February 4, 2008
Al Gore, known to the world as an advocate of a greener world, leading the charge on global warming should have a lot more capital in the future to impact change.
Current Media, a media company he founded has filed a $100 million S1 IPO filing with the SEC .
According to the Filing :
Market opportunity
We believe there is a significant gap between what is being delivered by traditional sources of TV and what is demanded by young adults. Young adults need and want news and information about what is going on in their world; however, they have not had a news and information source on TV that speaks to them. Young adults increasingly are turning to other platforms, especially the Internet, for news and information.
As a result, there is a large market opportunity to develop an integrated media platform capable of cost-effectively engaging young adults around news, information and lifestyle entertainment, and to build a brand premised on communicating what is going on in the lives of this young-adult generation. There is demand from both young adults and the advertisers
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
We provide a variety of renewable and green content through news, articles, audio, research reports and our stock directories.
Founder of Current Media to Benefit from Current Media Inc IPO
www.RenewableEnergyStocks.com Reports on Current Media IPO Filing
Who says it’s not easy being green? ….
February 4, 2008
Al Gore, known to the world as an advocate of a greener world, leading the charge on global warming should have a lot more capital in the future to impact change.
Current Media, a media company he founded has filed a $100 million S1 IPO filing with the SEC .
According to the Filing :
Market opportunity
We believe there is a significant gap between what is being delivered by traditional sources of TV and what is demanded by young adults. Young adults need and want news and information about what is going on in their world; however, they have not had a news and information source on TV that speaks to them. Young adults increasingly are turning to other platforms, especially the Internet, for news and information.
As a result, there is a large market opportunity to develop an integrated media platform capable of cost-effectively engaging young adults around news, information and lifestyle entertainment, and to build a brand premised on communicating what is going on in the lives of this young-adult generation. There is demand from both young adults and the advertisers
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
We provide a variety of renewable and green content through news, articles, audio, research reports and our stock directories.
ZAP Sells 614 Electric Cars Following Largest Dealer Seminar
ZAP Sells 614 Electric Cars Following Largest Dealer Seminar
SANTA ROSA, CA., Feb 1, 2008 - ZAP (OTCBB: ZAAP) added six new electric car dealers at its first dealer sales and service training of 2008 yesterday, collecting signed purchase orders totaling 614 Xebra sedans and trucks.
The signed, non-cancelable dealer purchase order agreements were for a mixture of ZAP Xebra electric sedans and trucks. The orders also include the Zapino, ZAPPY3 PRO, ZAPPY3 EZ and the ZAP Mid-Sized ATV. Overall, yesterday's purchase orders including all the different vehicles total $5,127,850. Dealers are expected to take delivery of a minimum of ten cars a month over the next twelve months.
ZAP CEO Steve Schneider expects more dealers to join its distribution network over the next few weeks, which now totals 54 locations throughout the United States with a goal to establish 100 dealers by the end of the year. The Santa Rosa, California-based Company will be exhibiting at the industry's largest dealer conference for auto dealers, NADA (http://www.nada.org), February 9-12, 2008 in San Francisco.
For the first time, ZAP CEO Steve Schneider gave a presentation to dealers about plans for the joint venture with China Youngman to make freeway capable electric and hybrid vehicles. Last week, joint venture officials stated they believe the highway capable ZAP Alias(TM) electric vehicle can go into production by the second quarter of 2009 with other vehicles being planned as well. Schneider promised that dealers who do well selling the Xebra will qualify for the joint venture's highway capable electric cars and other vehicles being planned.
"We are looking for dealers who want to take action today," said Schneider. "The technology for electric cars is coming faster than everyone thinks. We will be working very hard this year to expand and refine our dealer network for the more advanced vehicles planned for 2009. We have restructured our distribution concept to offer an incentive for dealers who can tap into the many vertical markets opening up for electric vehicles and to be able to profit from them right away. Today's Xebra is the VW Bug of electric cars; it's basic and cost-effective. Companies like UPS, Coke and others are finding ways to incorporate these environmentally friendly vehicles into their bottom line savings and with today's economy the demand can only grow."
ZAP said the dealer training yesterday was the largest to date, with 19 dealers and entrepreneurs represented. Every month, ZAP holds a dealer sales and service seminar for existing dealers, their staff, as well as prospective dealers and entrepreneurs evaluating the business opportunity. ZAP spends a full day with dealers talking about the Company, the products and the market along with a technical course for electric car mechanics. ZAP invites potential international distributors to its training seminars and two attended from Australia and Israel. Four of the new ZAP dealers are from California. One is from Minnesota and the other from Pennsylvania.
Those interested in the Xebra electric car, truck or any of ZAP's other electric vehicles can request a test drive by inquiring at http://www.zapworld.com in the 'Contact Us' section or by calling 707-525-8658.
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.
For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contact:
Contact:
ZAP
Alex Campbell
+1-707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
SANTA ROSA, CA., Feb 1, 2008 - ZAP (OTCBB: ZAAP) added six new electric car dealers at its first dealer sales and service training of 2008 yesterday, collecting signed purchase orders totaling 614 Xebra sedans and trucks.
The signed, non-cancelable dealer purchase order agreements were for a mixture of ZAP Xebra electric sedans and trucks. The orders also include the Zapino, ZAPPY3 PRO, ZAPPY3 EZ and the ZAP Mid-Sized ATV. Overall, yesterday's purchase orders including all the different vehicles total $5,127,850. Dealers are expected to take delivery of a minimum of ten cars a month over the next twelve months.
ZAP CEO Steve Schneider expects more dealers to join its distribution network over the next few weeks, which now totals 54 locations throughout the United States with a goal to establish 100 dealers by the end of the year. The Santa Rosa, California-based Company will be exhibiting at the industry's largest dealer conference for auto dealers, NADA (http://www.nada.org), February 9-12, 2008 in San Francisco.
For the first time, ZAP CEO Steve Schneider gave a presentation to dealers about plans for the joint venture with China Youngman to make freeway capable electric and hybrid vehicles. Last week, joint venture officials stated they believe the highway capable ZAP Alias(TM) electric vehicle can go into production by the second quarter of 2009 with other vehicles being planned as well. Schneider promised that dealers who do well selling the Xebra will qualify for the joint venture's highway capable electric cars and other vehicles being planned.
"We are looking for dealers who want to take action today," said Schneider. "The technology for electric cars is coming faster than everyone thinks. We will be working very hard this year to expand and refine our dealer network for the more advanced vehicles planned for 2009. We have restructured our distribution concept to offer an incentive for dealers who can tap into the many vertical markets opening up for electric vehicles and to be able to profit from them right away. Today's Xebra is the VW Bug of electric cars; it's basic and cost-effective. Companies like UPS, Coke and others are finding ways to incorporate these environmentally friendly vehicles into their bottom line savings and with today's economy the demand can only grow."
ZAP said the dealer training yesterday was the largest to date, with 19 dealers and entrepreneurs represented. Every month, ZAP holds a dealer sales and service seminar for existing dealers, their staff, as well as prospective dealers and entrepreneurs evaluating the business opportunity. ZAP spends a full day with dealers talking about the Company, the products and the market along with a technical course for electric car mechanics. ZAP invites potential international distributors to its training seminars and two attended from Australia and Israel. Four of the new ZAP dealers are from California. One is from Minnesota and the other from Pennsylvania.
Those interested in the Xebra electric car, truck or any of ZAP's other electric vehicles can request a test drive by inquiring at http://www.zapworld.com in the 'Contact Us' section or by calling 707-525-8658.
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.
For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp
Contact:
Contact:
ZAP
Alex Campbell
+1-707-525-8658 x 241
acampbell@zapworld.com
Source: ZAP
Saturday, February 02, 2008
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Friday, February 01, 2008
Third Annual Piper Jaffray Clean Technology and Renewables Conference to Offer Unparalleled View of Fast-Growing Clean Tech Sector
MINNEAPOLIS, Jan. 31-- Piper Jaffray & Co. will host its third annual Clean Technology and Renewables Conference Feb. 20, 2008 in New York City. The conference will provide insight on upcoming technological advancements and cost improvements from leading solar, biofuels and other clean technology companies operating across the globe.
"We are proud to have more than 75 companies within the clean technology and renewable energy sectors present at this year's conference," said Jesse Pichel, senior technology research analyst at Piper Jaffray. "We expect investors will walk away with strong conviction that the sector has one of the best secular themes within technology investing."
"Piper Jaffray, as a leader in the renewable energy and clean technology space, connects growth companies to capital and expertise around the world," said Lois Quam, head of alternative investments at Piper Jaffray. "We will take this to a new level at our upcoming conference."
Investors will also hear a keynote address by Steve Creamer, chairman and CEO of EnergySolutions, Inc. Additionally, the conference will feature company presentations from senior management, as well as one-on-one and group meetings.
Companies scheduled to present include: ADA-ES, Inc.; Advanced Energy Industries, Inc.; Akeena Solar, Inc.; Altair Nanotechnologies, Inc.; American Superconductor Corporation; The Andersons, Inc.; Applied Materials, Inc.; Ausra, Inc.; Blue Source LLC; BP p.l.c.; Canadian Solar, Inc.; Ceres, Inc.; China Wind Systems, Inc.; Comverge, Inc.; Cree, Inc.; Day4 Energy Inc.; EcoSynthetix Inc.; Echelon Corporation; EMCORE Corporation; Energy Conversion Devices, Inc.; EnergySolutions, Inc.; Environmental Power Corporation.; ersoll Solar Energy AG; Evergreen Solar, Inc.; First Solar, Inc.; FuelCell Energy, Inc.; Global Solar Energy, Inc.; Gushan Environmental Energy Limited; Hoku Scientific, Inc.; HydroGen Corporation; Intellon Corporation; JA Solar Holdings Co., Ltd.; Konarka Technologies, Inc.; LSB Industries, Inc.; MBA Polymers; Medis Technologies Ltd.; MEMC Electronic Materials, Inc.; Mendel Biotechnology, Inc.; Metabolix, Inc.; Moser Baer India Ltd.; NanoGram Corporation; Nanosolar, Inc.; Nova Biosource Fuels, Inc.; Novozymes A/S; OC Oerlikon Solar Management AG, Pfaffikon; Open Energy Corporation; Ormat Technologies, Inc.; Performance Plants, Inc.; Phoenix Solar AG; Plasco Energy Group; PowerGenix; Power-One, Inc.; Powerspan Corp.; Raser Technologies, Inc.; RenaSola Ltd.; Renewable Energy Corporation ASA; Rentech, Inc.; SemiLEDS; Sharp Electronics Corporation; SmartSynch, Inc.; Solarfun Power Holdings Co., Ltd.; Solaria Corporation (The); Solaria Energia y Medio Ambiente, S.A.; SolarWorld AG; SOLON AG; Spire Corporation; SunPower Corporation; Suntech Power Holdings Co., Ltd.; Ultralife Batteries, Inc.; Venture Vehicles, Inc.; Verenium Corporation; Xantrex Technology Inc.; Yingli Green Energy Holding Company, Ltd.
Company and investor participation in the third annual Clean Technology and Renewables Conference is by invitation only. Clients interested in attending should contact their Piper Jaffray representative. Members of the media who would like to attend should contact Andrea Young at 612 303-6697 or andrea.m.young@pjc.com.
About Piper Jaffray
Piper Jaffray Companies is a leading, international middle-market investment bank and institutional securities firm, serving the needs of middle-market corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, Piper Jaffray provides a comprehensive set of products and services, including equity and debt capital markets products; public finance services; mergers and acquisitions advisory services; high-yield and structured products; institutional equity and fixed-income sales and trading; and equity and high-yield research. With headquarters in Minneapolis, Piper Jaffray has 25 offices across the United States and international locations in London, Hong Kong and Shanghai. Piper Jaffray & Co. is the firm's principal operating subsidiary. (http://www.piperjaffray.com)
Since 1895. Member SIPC and FINRA.
MINNEAPOLIS, Jan. 31-- Piper Jaffray & Co. will host its third annual Clean Technology and Renewables Conference Feb. 20, 2008 in New York City. The conference will provide insight on upcoming technological advancements and cost improvements from leading solar, biofuels and other clean technology companies operating across the globe.
"We are proud to have more than 75 companies within the clean technology and renewable energy sectors present at this year's conference," said Jesse Pichel, senior technology research analyst at Piper Jaffray. "We expect investors will walk away with strong conviction that the sector has one of the best secular themes within technology investing."
"Piper Jaffray, as a leader in the renewable energy and clean technology space, connects growth companies to capital and expertise around the world," said Lois Quam, head of alternative investments at Piper Jaffray. "We will take this to a new level at our upcoming conference."
Investors will also hear a keynote address by Steve Creamer, chairman and CEO of EnergySolutions, Inc. Additionally, the conference will feature company presentations from senior management, as well as one-on-one and group meetings.
Companies scheduled to present include: ADA-ES, Inc.; Advanced Energy Industries, Inc.; Akeena Solar, Inc.; Altair Nanotechnologies, Inc.; American Superconductor Corporation; The Andersons, Inc.; Applied Materials, Inc.; Ausra, Inc.; Blue Source LLC; BP p.l.c.; Canadian Solar, Inc.; Ceres, Inc.; China Wind Systems, Inc.; Comverge, Inc.; Cree, Inc.; Day4 Energy Inc.; EcoSynthetix Inc.; Echelon Corporation; EMCORE Corporation; Energy Conversion Devices, Inc.; EnergySolutions, Inc.; Environmental Power Corporation.; ersoll Solar Energy AG; Evergreen Solar, Inc.; First Solar, Inc.; FuelCell Energy, Inc.; Global Solar Energy, Inc.; Gushan Environmental Energy Limited; Hoku Scientific, Inc.; HydroGen Corporation; Intellon Corporation; JA Solar Holdings Co., Ltd.; Konarka Technologies, Inc.; LSB Industries, Inc.; MBA Polymers; Medis Technologies Ltd.; MEMC Electronic Materials, Inc.; Mendel Biotechnology, Inc.; Metabolix, Inc.; Moser Baer India Ltd.; NanoGram Corporation; Nanosolar, Inc.; Nova Biosource Fuels, Inc.; Novozymes A/S; OC Oerlikon Solar Management AG, Pfaffikon; Open Energy Corporation; Ormat Technologies, Inc.; Performance Plants, Inc.; Phoenix Solar AG; Plasco Energy Group; PowerGenix; Power-One, Inc.; Powerspan Corp.; Raser Technologies, Inc.; RenaSola Ltd.; Renewable Energy Corporation ASA; Rentech, Inc.; SemiLEDS; Sharp Electronics Corporation; SmartSynch, Inc.; Solarfun Power Holdings Co., Ltd.; Solaria Corporation (The); Solaria Energia y Medio Ambiente, S.A.; SolarWorld AG; SOLON AG; Spire Corporation; SunPower Corporation; Suntech Power Holdings Co., Ltd.; Ultralife Batteries, Inc.; Venture Vehicles, Inc.; Verenium Corporation; Xantrex Technology Inc.; Yingli Green Energy Holding Company, Ltd.
Company and investor participation in the third annual Clean Technology and Renewables Conference is by invitation only. Clients interested in attending should contact their Piper Jaffray representative. Members of the media who would like to attend should contact Andrea Young at 612 303-6697 or andrea.m.young@pjc.com.
About Piper Jaffray
Piper Jaffray Companies is a leading, international middle-market investment bank and institutional securities firm, serving the needs of middle-market corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, Piper Jaffray provides a comprehensive set of products and services, including equity and debt capital markets products; public finance services; mergers and acquisitions advisory services; high-yield and structured products; institutional equity and fixed-income sales and trading; and equity and high-yield research. With headquarters in Minneapolis, Piper Jaffray has 25 offices across the United States and international locations in London, Hong Kong and Shanghai. Piper Jaffray & Co. is the firm's principal operating subsidiary. (http://www.piperjaffray.com)
Since 1895. Member SIPC and FINRA.
Thursday, January 31, 2008
Venture Capitalists Bullish on Greentech and Biotech, KPMG Study SaysChina and India remain hot, as VCs face more competition from private equity
Venture Capitalists Bullish on Greentech and Biotech, KPMG Study Says
China and India remain hot, as VCs face more competition from private equity and hedge funds
NEW YORK, Jan. 31 2008 -- Venture capitalists will largely direct their investments to the greentech and biotech industries in the coming year, while China and India remain hot destinations for venture funds, according to a recent survey by the U.S. audit, tax and advisory firm KPMG LLP.
In polling more than 350 venture capitalists, entrepreneurs, corporate buyers, investment bankers and research analysts, KPMG found that 51 percent of respondents indicated they expect venture capital activity to continue rising in 2008. Some 34 percent say investment activity will at least remain the same in the coming year and fewer than 12 percent anticipate a decrease in investment volume. KPMG conducted the survey in partnership with AlwaysOn, the venture capital new media organization.
"Globalization and the focus on the health of the planet has VC investors concentrating heavily on capturing emerging-market opportunities, particularly in Asia, while looking for the next-best-thing in eco friendly and medical technologies," said Packy Kelly, KPMG partner based in Silicon Valley and co-leader of its venture capital practice.
When asked to identify the industry sectors that would receive the most capital over the next two years, 24 percent indicated greentech/cleantech, which was followed by biotech/pharmaceuticals at 15 percent, Internet services at 13 percent, and mobile technology was cited by 11 percent.
Outside of the U.S., China and India were the overwhelming investment favorites by 29 percent and 23 percent of the respondents, respectively. Further, 64 percent of respondents indicated that China and India are the most attractive locations for entrepreneurs to find funding, while 61 percent of those surveyed expect both to have increased IPO activity over the next two years.
"There is a clear indication that growth investors have become more global, spreading their capital worldwide," added Kelly. "Not surprisingly, they continue to be bullish on emerging markets and industry sectors that project the most growth in the near future."
Inside the U.S., it appears the West will continue to receive the bulk of capital, with 49 percent of respondents to KPMG's survey indicating this region will see more investment. The West was followed by the Northeast and the Southwest at 19 percent and 12 percent respectively.
The investors surveyed also expect rising merger and acquisition activity in the next year. Forty-nine percent expect an increase, with 33 percent believing it will be about the same levels, and only 11 percent foreseeing a decrease in deals during the period. Nearly half expect the domestic IPO market to maintain its 2007 rate in the next year, with just 26 percent saying they expect it will increase, and about 15 percent anticipating a decline indicating a concern over the market volatility experienced in the second half of the year.
A Changing Investment Community
Perceptions of the investment community are also changing. Venture capital firms are seeing increased competition from private equity and hedge funds as these firms look for novel strategies to deploy their hordes of capital earlier in the lifecycle of innovative companies. In fact, 66 percent indicated that they expect private equity firms will also continue to increase their presence in the venture capital market.
"We are seeing continued convergence between private equity and venture capital," said Brian Hughes, KPMG partner based in Philadelphia and co-leader of the venture capital practice. "Venture capital funds are adding private equity investments, and private equity funds are adding venture capital investments blurring the lines between the asset classes."
KPMG LLP, the audit, tax and advisory firm (http://www.us.kpmg.com/), is the U.S. member firm of KPMG International. KPMG International's member firms have 123,000 professionals, including more than 7,100 partners, in 145 countries.
Contact: Manuel Goncalves KPMG LLP Tel: (201) 307-7735 mdgoncalves@kpmg.com
Website: http://www.us.kpmg.com/
China and India remain hot, as VCs face more competition from private equity and hedge funds
NEW YORK, Jan. 31 2008 -- Venture capitalists will largely direct their investments to the greentech and biotech industries in the coming year, while China and India remain hot destinations for venture funds, according to a recent survey by the U.S. audit, tax and advisory firm KPMG LLP.
In polling more than 350 venture capitalists, entrepreneurs, corporate buyers, investment bankers and research analysts, KPMG found that 51 percent of respondents indicated they expect venture capital activity to continue rising in 2008. Some 34 percent say investment activity will at least remain the same in the coming year and fewer than 12 percent anticipate a decrease in investment volume. KPMG conducted the survey in partnership with AlwaysOn, the venture capital new media organization.
"Globalization and the focus on the health of the planet has VC investors concentrating heavily on capturing emerging-market opportunities, particularly in Asia, while looking for the next-best-thing in eco friendly and medical technologies," said Packy Kelly, KPMG partner based in Silicon Valley and co-leader of its venture capital practice.
When asked to identify the industry sectors that would receive the most capital over the next two years, 24 percent indicated greentech/cleantech, which was followed by biotech/pharmaceuticals at 15 percent, Internet services at 13 percent, and mobile technology was cited by 11 percent.
Outside of the U.S., China and India were the overwhelming investment favorites by 29 percent and 23 percent of the respondents, respectively. Further, 64 percent of respondents indicated that China and India are the most attractive locations for entrepreneurs to find funding, while 61 percent of those surveyed expect both to have increased IPO activity over the next two years.
"There is a clear indication that growth investors have become more global, spreading their capital worldwide," added Kelly. "Not surprisingly, they continue to be bullish on emerging markets and industry sectors that project the most growth in the near future."
Inside the U.S., it appears the West will continue to receive the bulk of capital, with 49 percent of respondents to KPMG's survey indicating this region will see more investment. The West was followed by the Northeast and the Southwest at 19 percent and 12 percent respectively.
The investors surveyed also expect rising merger and acquisition activity in the next year. Forty-nine percent expect an increase, with 33 percent believing it will be about the same levels, and only 11 percent foreseeing a decrease in deals during the period. Nearly half expect the domestic IPO market to maintain its 2007 rate in the next year, with just 26 percent saying they expect it will increase, and about 15 percent anticipating a decline indicating a concern over the market volatility experienced in the second half of the year.
A Changing Investment Community
Perceptions of the investment community are also changing. Venture capital firms are seeing increased competition from private equity and hedge funds as these firms look for novel strategies to deploy their hordes of capital earlier in the lifecycle of innovative companies. In fact, 66 percent indicated that they expect private equity firms will also continue to increase their presence in the venture capital market.
"We are seeing continued convergence between private equity and venture capital," said Brian Hughes, KPMG partner based in Philadelphia and co-leader of the venture capital practice. "Venture capital funds are adding private equity investments, and private equity funds are adding venture capital investments blurring the lines between the asset classes."
KPMG LLP, the audit, tax and advisory firm (http://www.us.kpmg.com/), is the U.S. member firm of KPMG International. KPMG International's member firms have 123,000 professionals, including more than 7,100 partners, in 145 countries.
Contact: Manuel Goncalves KPMG LLP Tel: (201) 307-7735 mdgoncalves@kpmg.com
Website: http://www.us.kpmg.com/
Wednesday, January 30, 2008
North American Wind Energy Generator Market Benefits Foreign Investors
North American Wind Energy Generator Market Benefits Foreign Investors
PALO ALTO, Calif.--January 30, 2008 --The booming North American wind energy generator market attracts foreign investors by the droves as a result of its increased focus on alternate energy sources, technology advances and tax break extensions. This compels domestic companies to compete more aggressively.
New analysis from Frost & Sullivan (http://www.energy.frost.com), North American Wind Energy Generator Market, finds that the market earned revenues between $4 and $5 billion in 2006 and expects to touch $50 billion in 2013.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the North American Wind Energy Generator Market, then send an e-mail to Johanna Haynes, Corporate Communications, at johanna.haynes@frost.com, with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information via e-mail upon receipt of the above information.
The wind power market in Canada becomes increasingly dynamic due to federal and, more importantly, provincial efforts to promote this market. The country will greatly benefit from the new wind legislation aimed at achieving 10,000 megawatts (MW) wind power generation by 2010.
Meanwhile, the U.S. wind energy industry is well on course to add more than 3,000 MW to its power generating capacity in 2007, topping its 2006 record of 2,454 MW. The country’s production tax credit (PTC) is an influential growth factor, as installations increase and decrease depending on PTC’s extension and termination.
“Industrial investments in production base and developer confidence are also affected due to wavering PTC policy,” says Frost & Sullivan Research Analyst S. Prem Anand. “However, state-based policies such as renewables portfolio standard (RPS), renewable electricity standards, and Renewable Energy Production Incentive (REPI) moderately compensate for inconsistency in PTC implementation.”
U.S. companies can take heart from the issuance of renewable energy certificates (REC), which encourage domestic generation renewable energy. Market participants also begin to understand that the future trends will be influenced more by RPS than PTC, although the latter will still function as a developer confidence indicator.
The U.S. market witnessed a late surge in new wind turbine installations in the past two years, but it still trails Germany in the global ranking. Meanwhile, in wind power production, it is only a notch below Spain, according to the Global Wind Energy Council.
To extend this good form and augment turbine installations, wind turbine vendors will have to sort out issues regarding gearboxes, castings and blades in the supply chain. They can achieve this by developing close ties with component suppliers. The high demand for turbines will encourage suppliers to increase capacity during the design of their manufacturing facilities.
This exponential demand triggers a simultaneous and proportional rise in cost, which helps offset the imbalance in supply and demand. However, market participants will not have this advantage in the future, when demand drops. Wide variations in cost also challenge the wind industry, as winds are sporadic and windy spots are located far away from vast urban centers, which are the major users of power.
“Wind energy generators should find a solution to rectify the cost issue if they are to survive in the long term,” notes Prem Anand. “They can achieve this by increasing the scale of production to derive economies of scale or outsource the manufacturing of smaller components to reduce the cost involved in production.”
North American Wind Energy Generator Markets is part of the Energy & Power Growth Partnership Service program, which also includes research in the following markets: North American Small and Medium Wind Energy Turbine Market, Global Large Gas Turbines Market and Global Steam Turbines Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan’s Growth Partnerships, visit http://www.frost.com.
North American Wind Energy Generator Markets
N2AB
Contacts Frost & SullivanCorporate Communications – North AmericaJohanna Haynes, 210-247-3870Fax: 210-348-1003johanna.haynes@frost.com
PALO ALTO, Calif.--January 30, 2008 --The booming North American wind energy generator market attracts foreign investors by the droves as a result of its increased focus on alternate energy sources, technology advances and tax break extensions. This compels domestic companies to compete more aggressively.
New analysis from Frost & Sullivan (http://www.energy.frost.com), North American Wind Energy Generator Market, finds that the market earned revenues between $4 and $5 billion in 2006 and expects to touch $50 billion in 2013.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the North American Wind Energy Generator Market, then send an e-mail to Johanna Haynes, Corporate Communications, at johanna.haynes@frost.com, with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information via e-mail upon receipt of the above information.
The wind power market in Canada becomes increasingly dynamic due to federal and, more importantly, provincial efforts to promote this market. The country will greatly benefit from the new wind legislation aimed at achieving 10,000 megawatts (MW) wind power generation by 2010.
Meanwhile, the U.S. wind energy industry is well on course to add more than 3,000 MW to its power generating capacity in 2007, topping its 2006 record of 2,454 MW. The country’s production tax credit (PTC) is an influential growth factor, as installations increase and decrease depending on PTC’s extension and termination.
“Industrial investments in production base and developer confidence are also affected due to wavering PTC policy,” says Frost & Sullivan Research Analyst S. Prem Anand. “However, state-based policies such as renewables portfolio standard (RPS), renewable electricity standards, and Renewable Energy Production Incentive (REPI) moderately compensate for inconsistency in PTC implementation.”
U.S. companies can take heart from the issuance of renewable energy certificates (REC), which encourage domestic generation renewable energy. Market participants also begin to understand that the future trends will be influenced more by RPS than PTC, although the latter will still function as a developer confidence indicator.
The U.S. market witnessed a late surge in new wind turbine installations in the past two years, but it still trails Germany in the global ranking. Meanwhile, in wind power production, it is only a notch below Spain, according to the Global Wind Energy Council.
To extend this good form and augment turbine installations, wind turbine vendors will have to sort out issues regarding gearboxes, castings and blades in the supply chain. They can achieve this by developing close ties with component suppliers. The high demand for turbines will encourage suppliers to increase capacity during the design of their manufacturing facilities.
This exponential demand triggers a simultaneous and proportional rise in cost, which helps offset the imbalance in supply and demand. However, market participants will not have this advantage in the future, when demand drops. Wide variations in cost also challenge the wind industry, as winds are sporadic and windy spots are located far away from vast urban centers, which are the major users of power.
“Wind energy generators should find a solution to rectify the cost issue if they are to survive in the long term,” notes Prem Anand. “They can achieve this by increasing the scale of production to derive economies of scale or outsource the manufacturing of smaller components to reduce the cost involved in production.”
North American Wind Energy Generator Markets is part of the Energy & Power Growth Partnership Service program, which also includes research in the following markets: North American Small and Medium Wind Energy Turbine Market, Global Large Gas Turbines Market and Global Steam Turbines Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan’s Growth Partnerships, visit http://www.frost.com.
North American Wind Energy Generator Markets
N2AB
Contacts Frost & SullivanCorporate Communications – North AmericaJohanna Haynes, 210-247-3870Fax: 210-348-1003johanna.haynes@frost.com
Monday, January 28, 2008
Intel Becomes Largest Purchaser of Green Power in the U.S.
Intel Becomes Largest Purchaser of Green Power in the U.S.
Company Tops EPA Green Power Partner List, Vows to Drive for Greater Efficiency While Spurring Growth in Renewable Market
SANTA CLARA, Calif.--January 28 2008--Intel Corporation said today it will purchase more than 1.3 billion kilowatt hours a year of renewable energy certificates as part of a multi-faceted approach to reduce its impact on the environment, making Intel the single-largest corporate purchaser of green power in the United States, according to the U.S. Environmental Protection Agency (EPA). The company said it hoped the record-setting purchase would help stimulate the market for green power, which should lead to additional generating capacity and ultimately, lower costs. The purchase placed Intel at the top of EPA’s latest Green Power Partners Top 25 list, and also at the No. 1 spot on EPA’s Fortune 500 Green Power Partners list. The EPA’s Green Power Partnership program encourages and recognizes voluntary green power purchases as a way to reduce the impact of conventional electricity use.
“EPA applauds our Fortune 500 partners for protecting our environment by purchasing green power,” said EPA Administrator Stephen L. Johnson. “By voluntarily shifting to renewable energy, Intel is proving you don’t need to wait for a signal in order to go green.”
“We have a long history of commitment to the environment and energy efficiency is an important consideration in everything we do, from building transistors to designing microprocessors and running our factories,” said Intel President and CEO Paul Otellini, who is also a member of the Copenhagen Climate Council, a global group of leaders working to achieve an effective global climate treaty at next year’s UN Environmental Summit in Copenhagen. “Our renewable purchase is just one part of a multi-faceted approach to protect the environment, and one that we hope spurs additional development and demand for renewable energy.”
Renewable Energy Certificates
Renewable energy certificates, or RECs, are the “currency” of the renewable energy market and are widely recognized as a having credible and tangible environmental benefits. The EPA estimates that Intel's REC purchase has the equivalent environmental impact of taking more than 185,000 passenger cars off the road each year, or avoiding the amount of electricity needed to power more than 130,000 average American homes annually.
Intel’s REC purchase, which includes a portfolio of wind, solar, small hydro-electric and biomass sources, will be handled by Sterling Planet, a leading national supplier of renewable energy, energy efficiency and low-carbon solutions. The purchase will be certified by the non-profit Center for Resource Solutions’ Green-e® program which certifies and verifies green power products.
"Intel's outstanding commitment to renewable energy provides significant support for market-based mechanisms for renewable energy technologies of all types," said Mel Jones, Sterling Planet president and CEO. "We commend Intel for their vision and leadership in all aspects of corporate responsibility. Intel's support for renewable energy technologies echoes its mission to deliver advancements that become essential to the way we work and live.”
Intel, EPA, and the Environment
Intel and EPA have worked together for several years on a variety of fronts, from Energy Star® to Climate Leader and Performance Track programs, to broad industry efforts such as the Climate Savers® Computing Initiative. The Agency recently recognized Intel with a 2007 Water Efficiency Leader award for its efforts to reduce, reuse and recycle water in its Chandler, Ariz. manufacturing facility. Intel was also recognized by the EPA as the most commute-friendly employer in the nation in 2006.
In addition to promoting and funding ideas for greater energy efficiency in its facilities, Intel has consistently specified high-energy-efficiency equipment in its manufacturing facilities with a view to ensuring greater energy efficiency and environmental benefit. Over the last 7 years, the company invested over $20 million in more than 250 energy conservation projects that saved in excess of 500 million kilowatt hours, enough energy to power about 50,000 U.S. homes.
About Intel
Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and http://blogs.intel.com.
About EPA’s Green Power Partnership
EPA’s Green Power Partnership is a voluntary program helping to increase the use of green power among leading U.S. organizations. The program encourages organizations to purchase green power as a way to reduce the risk of climate change and environmental impacts associated with conventional electricity use. Partners include a wide variety of leading organizations such as Fortune 500 companies, local, state, and federal governments, trade associations, as well as colleges and universities. For additional information, visit www.epa.gov/greenpower.
Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
-- Other names and brands may be claimed as the property of others.
Contact:IntelBill Calder, 503-264-5669bill.calder@intel.comorEPADave Ryan, 202-564-4355ryan.dave@epa.gov
Source: Intel Corporation
Company Tops EPA Green Power Partner List, Vows to Drive for Greater Efficiency While Spurring Growth in Renewable Market
SANTA CLARA, Calif.--January 28 2008--Intel Corporation said today it will purchase more than 1.3 billion kilowatt hours a year of renewable energy certificates as part of a multi-faceted approach to reduce its impact on the environment, making Intel the single-largest corporate purchaser of green power in the United States, according to the U.S. Environmental Protection Agency (EPA). The company said it hoped the record-setting purchase would help stimulate the market for green power, which should lead to additional generating capacity and ultimately, lower costs. The purchase placed Intel at the top of EPA’s latest Green Power Partners Top 25 list, and also at the No. 1 spot on EPA’s Fortune 500 Green Power Partners list. The EPA’s Green Power Partnership program encourages and recognizes voluntary green power purchases as a way to reduce the impact of conventional electricity use.
“EPA applauds our Fortune 500 partners for protecting our environment by purchasing green power,” said EPA Administrator Stephen L. Johnson. “By voluntarily shifting to renewable energy, Intel is proving you don’t need to wait for a signal in order to go green.”
“We have a long history of commitment to the environment and energy efficiency is an important consideration in everything we do, from building transistors to designing microprocessors and running our factories,” said Intel President and CEO Paul Otellini, who is also a member of the Copenhagen Climate Council, a global group of leaders working to achieve an effective global climate treaty at next year’s UN Environmental Summit in Copenhagen. “Our renewable purchase is just one part of a multi-faceted approach to protect the environment, and one that we hope spurs additional development and demand for renewable energy.”
Renewable Energy Certificates
Renewable energy certificates, or RECs, are the “currency” of the renewable energy market and are widely recognized as a having credible and tangible environmental benefits. The EPA estimates that Intel's REC purchase has the equivalent environmental impact of taking more than 185,000 passenger cars off the road each year, or avoiding the amount of electricity needed to power more than 130,000 average American homes annually.
Intel’s REC purchase, which includes a portfolio of wind, solar, small hydro-electric and biomass sources, will be handled by Sterling Planet, a leading national supplier of renewable energy, energy efficiency and low-carbon solutions. The purchase will be certified by the non-profit Center for Resource Solutions’ Green-e® program which certifies and verifies green power products.
"Intel's outstanding commitment to renewable energy provides significant support for market-based mechanisms for renewable energy technologies of all types," said Mel Jones, Sterling Planet president and CEO. "We commend Intel for their vision and leadership in all aspects of corporate responsibility. Intel's support for renewable energy technologies echoes its mission to deliver advancements that become essential to the way we work and live.”
Intel, EPA, and the Environment
Intel and EPA have worked together for several years on a variety of fronts, from Energy Star® to Climate Leader and Performance Track programs, to broad industry efforts such as the Climate Savers® Computing Initiative. The Agency recently recognized Intel with a 2007 Water Efficiency Leader award for its efforts to reduce, reuse and recycle water in its Chandler, Ariz. manufacturing facility. Intel was also recognized by the EPA as the most commute-friendly employer in the nation in 2006.
In addition to promoting and funding ideas for greater energy efficiency in its facilities, Intel has consistently specified high-energy-efficiency equipment in its manufacturing facilities with a view to ensuring greater energy efficiency and environmental benefit. Over the last 7 years, the company invested over $20 million in more than 250 energy conservation projects that saved in excess of 500 million kilowatt hours, enough energy to power about 50,000 U.S. homes.
About Intel
Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom and http://blogs.intel.com.
About EPA’s Green Power Partnership
EPA’s Green Power Partnership is a voluntary program helping to increase the use of green power among leading U.S. organizations. The program encourages organizations to purchase green power as a way to reduce the risk of climate change and environmental impacts associated with conventional electricity use. Partners include a wide variety of leading organizations such as Fortune 500 companies, local, state, and federal governments, trade associations, as well as colleges and universities. For additional information, visit www.epa.gov/greenpower.
Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
-- Other names and brands may be claimed as the property of others.
Contact:IntelBill Calder, 503-264-5669bill.calder@intel.comorEPADave Ryan, 202-564-4355ryan.dave@epa.gov
Source: Intel Corporation
Friday, January 25, 2008
The Green Movement Should Help Foster Environmental Progress, Turner Investment Partners Position Paper Says
The Green Movement Should Help Foster Environmental Progress, Turner Investment Partners Position Paper Says
BERWYN, Pa.---As Kermit the Frog once said, “It’s not easy being green.” Corporate America is finding that to be the case as it seeks to combat climate change, according to the latest position paper by Turner Investment Partners.
The paper, entitled How green is my (and your) planet, notes that U.S. companies have found it difficult initially to quantify the effectiveness of some of their green efforts. But those efforts may ultimately not only help counteract climate change, but also present some lucrative investment opportunities, especially in four green technologies: solar, wind, biofuels, and fuel cell.
Turner Investment Partners, an investment-management firm that invests in core, growth, and value stocks on behalf of institutions and individuals, publishes position papers commenting on business and investment issues each quarter.
Written by Bill McVail and Robb Parlanti, senior portfolio managers/security analysts, the paper assesses some of the environmental, social, and economic catalysts driving corporate America's involvement in the green movement and identifies the primary risks that may jeopardize the movement.
Potentially representing “the most dramatic change in business in more than a century,” the green movement “should pick up momentum as it matures and as corporate America becomes more surefooted,” according to the portfolio managers. At the same time, they conclude that genuine environmental progress will require an immense application of resolve, intelligence, ingenuity, and capital globally.
To read the paper in its entirety, see the Turner Investment Partners Web site, www.turnerinvestments.com/positionpaper. Or call 484-329-2439 for a free copy of the piece.
Contacts Turner Investment PartnersKate Patarcity, 484-329-2439Fax: 484-329-2739kpatarcity@turnerinvestments.com
BERWYN, Pa.---As Kermit the Frog once said, “It’s not easy being green.” Corporate America is finding that to be the case as it seeks to combat climate change, according to the latest position paper by Turner Investment Partners.
The paper, entitled How green is my (and your) planet, notes that U.S. companies have found it difficult initially to quantify the effectiveness of some of their green efforts. But those efforts may ultimately not only help counteract climate change, but also present some lucrative investment opportunities, especially in four green technologies: solar, wind, biofuels, and fuel cell.
Turner Investment Partners, an investment-management firm that invests in core, growth, and value stocks on behalf of institutions and individuals, publishes position papers commenting on business and investment issues each quarter.
Written by Bill McVail and Robb Parlanti, senior portfolio managers/security analysts, the paper assesses some of the environmental, social, and economic catalysts driving corporate America's involvement in the green movement and identifies the primary risks that may jeopardize the movement.
Potentially representing “the most dramatic change in business in more than a century,” the green movement “should pick up momentum as it matures and as corporate America becomes more surefooted,” according to the portfolio managers. At the same time, they conclude that genuine environmental progress will require an immense application of resolve, intelligence, ingenuity, and capital globally.
To read the paper in its entirety, see the Turner Investment Partners Web site, www.turnerinvestments.com/positionpaper. Or call 484-329-2439 for a free copy of the piece.
Contacts Turner Investment PartnersKate Patarcity, 484-329-2439Fax: 484-329-2739kpatarcity@turnerinvestments.com
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Investors See Gains from Sector Leaders
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Investors See Gains from Sector Leaders
Long Term Outlook for Solar and Renewable Energy Stocks Remains Bullish
POINT ROBERTS, WA and DELTA, BC – January 25, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks. With the recent sell-off in the markets in general, solar stocks also took a major hit, loosing significant gains made in 2007. Yesterday’s trading in solar leaders gave investors renewed optimism and faith in the long term prospects for the sector.
Most renewable energy analysts think the long term outlook is bullish and investors should look at this as a selective buying opportunity.
To quote our on- site solar expert, J Peter Lynch: “This in no way alters my bullish view of our bright solar future and solar stocks in general. I just think we are in a period of transition where there will still be plenty of money to be made, but investors will just have to be more savvy and selective in their investments.“
Another analyst, Pavel Molchanov, from Raymond James, noted earlier this week ,” While we clearly do not rule out the possibility of further volatility, we would encourage investors to think long-term, ride out the current storm, and use this as an opportunity to accumulate shares."
Sector Close- Up as of Trading January 24, 2008
Akeena Solar Inc. (Market, News ) closed at $8.13, up $1.08 on the day and showed further gains in after market trading.
Evergreen Solar Inc (Market, News) shares were up only $ 0.19 on the day but showed a 5.2% gain in after market trading.
First Solar, Inc. (Market, News), gave investors a $6.72 upside during market hours, followed by another 2.65% gain after hours.
LDK Solar ADR (Market, News) was up 2.64 (7.55%) as of the market close.
Canadian Solar Inc. (Market, News) posted gains of $1.64, up 9.36%.
SunPower Corporation (Market, News ) broke the daily trend with the stock down $5.04 (6.79%) during market trading, but showing gains after hours. The stock was under pressure on the news of a first-quarter adjusted profit outlook.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar, Clear Skies Group Inc (OTCBB: CSKH) and XsunX: (OTCBB: XSNX) will present in the company of some of the leading experts in the industry. Conference Info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Holdings, Inc. (OTCBB: CSKH) through its wholly-owned subsidiary, Clear Skies Group, Inc. (“CSG”) provides full service renewable energy solutions to commercial, industrial, and agricultural clients across the United States. CSG’s combination of proprietary technology and high-tech solutions with construction expertise has enabled CSG to become one of the nation’s premier solar electric installation companies. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. * XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
Long Term Outlook for Solar and Renewable Energy Stocks Remains Bullish
POINT ROBERTS, WA and DELTA, BC – January 25, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks. With the recent sell-off in the markets in general, solar stocks also took a major hit, loosing significant gains made in 2007. Yesterday’s trading in solar leaders gave investors renewed optimism and faith in the long term prospects for the sector.
Most renewable energy analysts think the long term outlook is bullish and investors should look at this as a selective buying opportunity.
To quote our on- site solar expert, J Peter Lynch: “This in no way alters my bullish view of our bright solar future and solar stocks in general. I just think we are in a period of transition where there will still be plenty of money to be made, but investors will just have to be more savvy and selective in their investments.“
Another analyst, Pavel Molchanov, from Raymond James, noted earlier this week ,” While we clearly do not rule out the possibility of further volatility, we would encourage investors to think long-term, ride out the current storm, and use this as an opportunity to accumulate shares."
Sector Close- Up as of Trading January 24, 2008
Akeena Solar Inc. (Market, News ) closed at $8.13, up $1.08 on the day and showed further gains in after market trading.
Evergreen Solar Inc (Market, News) shares were up only $ 0.19 on the day but showed a 5.2% gain in after market trading.
First Solar, Inc. (Market, News), gave investors a $6.72 upside during market hours, followed by another 2.65% gain after hours.
LDK Solar ADR (Market, News) was up 2.64 (7.55%) as of the market close.
Canadian Solar Inc. (Market, News) posted gains of $1.64, up 9.36%.
SunPower Corporation (Market, News ) broke the daily trend with the stock down $5.04 (6.79%) during market trading, but showing gains after hours. The stock was under pressure on the news of a first-quarter adjusted profit outlook.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector. Solar companies Akeena Solar, Clear Skies Group Inc (OTCBB: CSKH) and XsunX: (OTCBB: XSNX) will present in the company of some of the leading experts in the industry. Conference Info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Holdings, Inc. (OTCBB: CSKH) through its wholly-owned subsidiary, Clear Skies Group, Inc. (“CSG”) provides full service renewable energy solutions to commercial, industrial, and agricultural clients across the United States. CSG’s combination of proprietary technology and high-tech solutions with construction expertise has enabled CSG to become one of the nation’s premier solar electric installation companies. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX: (OTCBB: XSNX) Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. * XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX, Clear Skies Holdings, Inc
Thursday, January 24, 2008
Text of Letter from Gov. Schwarzenegger and 13 other Governors Regarding U.S. EPA’s Denial of California’s Tailpipe Emissions Waiver Request
Text of Letter from Gov. Schwarzenegger and 13 other Governors Regarding U.S. EPA’s Denial of California’s Tailpipe Emissions Waiver Request
GAAS:30:08
For Immediate Release: Thursday, January 24, 2008
Governor Arnold Schwarzenegger joined 13 other governors in sending the following letter to U.S. EPA Administrator Stephen L. Johnson regarding the recent U.S. Environmental Protection Agency (U.S. EPA) decision on greenhouse gas emissions from motor vehicles:
January 23, 2008
The Honorable Stephen L. JohnsonAdministratorU.S. Environmental Protection Agency1200 Pennsylvania AvenueWashington, DC 20460
Dear Mr. Administrator:
We are writing to express our disappointment in your recent decision to block states’ rights to reduce greenhouse gas emissions from motor vehicles.
Your decision to deny California its waiver ignores federal law and the reality of climate change. It also ignores the clear intent of Congress in the Clean Air Act to enable California to adopt regulations to control emissions from new motor vehicles that are at least as stringent as those of the federal government, and to allow other states to follow.
The authority of states to address greenhouse gas emissions from motor vehicles has been clearly and unequivocally supported by recent judicial decisions. In April, the United States Supreme Court ruled in an historic opinion that greenhouse gas emissions from motor vehicles are pollutants to be regulated under the Clean Air Act. In September, a federal court decision in Vermont confirmed that states have the authority to adopt California’s motor vehicle greenhouse gas emissions standards. In December, a federal court in California issued a ruling that confirms California’s authority to set motor vehicle greenhouse gas emissions standards.
We find your reasons for denying California’s request for a waiver of federal preemption unsound.
New Federal Fuel Economy Standards are No Excuse for Denying Waiver
You said the federal Energy Bill is the answer to combating greenhouse gas emissions from vehicles. The U.S. EPA acted inappropriately in basing its waiver decision on a comparison of California’s emissions standards to possible co-benefits of the recently enacted federal Energy Bill, especially with no support for that comparison.
While more stringent CAFE standards are well and good, the most effective strategy to reduce greenhouse gas emissions from vehicles is the comprehensive standard that has been adopted by 13 states and is being considered by another seven. California’s standard regulates four greenhouse gases directly. The federal government, as required by the new Energy Bill, will improve fuel economy standards. Fuel economy and greenhouse gas emission standards are not the same. Although both are laudable, they achieve distinctly different goals.
California’s Standard is One of Only Two Possible Standards
You denounced a confusing patchwork of state rules in your denial statement. There is no patchwork. Rather, there continues to be the two-car system that Congress intended – California cars and federal cars. Currently there is only one greenhouse gas emissions standard – a California standard.
The federal government has not established a greenhouse gas emissions standard for vehicles. If they do, manufacturers will continue to produce, at most, two vehicle types – one certified for sale in California and the states that have adopted California's standard, and one federally-certified for the remainder of the states. That is why we need to adopt the most effective solution – California’s – which is the only greenhouse gas standard in effect.
California’s Standards are Almost Twice as Effective
You said federal CAFE standards are much more effective than California’s standard. Although this is not a proper basis for your decision, according to an analysis by the California Air Resources Board, if all 19 states follow California, the greenhouse gas emissions reduction benefits above and beyond the possible co-benefits under the Energy Bill are expected to be 315 million metric tons by the year 2020, an 85% increase in emission reduction benefits.
This Global Problem Requires the Most Effective Solution
You said this waiver request is distinct from prior waiver requests because, unlike traditional pollutants, greenhouse gas emissions are a global problem. We agree that this is a global problem, but the consequences are a local problem. Higher temperatures will cause a number of troubling local conditions, including worsening smog and soot pollution in cities that already suffer from some of the worst air quality in the nation. That is why we need to adopt the most effective solution, which is ours.
Climate Change Compels Us to Act Now
You said that the circumstances for granting the waiver are not compelling. Each day, scientists better understand the impacts of climate change, and those impacts are certain to be environmentally and economically damaging. All states face negative impacts to their economies, natural resources and shorelines. California is particularly vulnerable because of its reliance on snow pack as the most significant source of water storage, its 1,200 miles of coastline, its agricultural industry that leads the U.S. in production of fruits and vegetables, and its already-challenging air quality issues. This is more than sufficient to warrant California’s claim of “compelling and extraordinary conditions” and to exercise its right to lead a state-based effort to reduce greenhouse gas emissions from motor vehicles, and for other states to follow.
In conclusion, the U.S. EPA action to prevent California, and thereby 19 other states, from implementing its motor vehicle greenhouse gas emissions reduction regulations is without merit. The federal government, with this unprecedented action, is ignoring the rights of states, as well as the will of more than one hundred million people across the U.S. We stand by our commitment to bring cleaner cars to our states.
Sincerely,
Governor Arnold Schwarzenegger Governor Janet Napolitano
California Arizona
Governor M. Jodi Rell Governor John Baldacci
Connecticut Maine
Governor Martin O'Malley Governor Deval Patrick
Maryland Massachusetts
Governor Bill Richardson Governor Eliot Spitzer
New Mexico New York
Governor Theodore R. Kulongoski Governor Edward G. Rendell
Oregon Pennsylvania
Governor Donald L. Carcieri Governor James H. Douglas
Rhode Island Vermont
Governor Christine O. Gregoire Governor Jon S. Corzine
Washington New Jersey
GAAS:30:08For Immediate Release: Thursday, January 24, 2008Contact: Aaron McLear Colleen Ripchick 916-445-4571
GAAS:30:08
For Immediate Release: Thursday, January 24, 2008
Governor Arnold Schwarzenegger joined 13 other governors in sending the following letter to U.S. EPA Administrator Stephen L. Johnson regarding the recent U.S. Environmental Protection Agency (U.S. EPA) decision on greenhouse gas emissions from motor vehicles:
January 23, 2008
The Honorable Stephen L. JohnsonAdministratorU.S. Environmental Protection Agency1200 Pennsylvania AvenueWashington, DC 20460
Dear Mr. Administrator:
We are writing to express our disappointment in your recent decision to block states’ rights to reduce greenhouse gas emissions from motor vehicles.
Your decision to deny California its waiver ignores federal law and the reality of climate change. It also ignores the clear intent of Congress in the Clean Air Act to enable California to adopt regulations to control emissions from new motor vehicles that are at least as stringent as those of the federal government, and to allow other states to follow.
The authority of states to address greenhouse gas emissions from motor vehicles has been clearly and unequivocally supported by recent judicial decisions. In April, the United States Supreme Court ruled in an historic opinion that greenhouse gas emissions from motor vehicles are pollutants to be regulated under the Clean Air Act. In September, a federal court decision in Vermont confirmed that states have the authority to adopt California’s motor vehicle greenhouse gas emissions standards. In December, a federal court in California issued a ruling that confirms California’s authority to set motor vehicle greenhouse gas emissions standards.
We find your reasons for denying California’s request for a waiver of federal preemption unsound.
New Federal Fuel Economy Standards are No Excuse for Denying Waiver
You said the federal Energy Bill is the answer to combating greenhouse gas emissions from vehicles. The U.S. EPA acted inappropriately in basing its waiver decision on a comparison of California’s emissions standards to possible co-benefits of the recently enacted federal Energy Bill, especially with no support for that comparison.
While more stringent CAFE standards are well and good, the most effective strategy to reduce greenhouse gas emissions from vehicles is the comprehensive standard that has been adopted by 13 states and is being considered by another seven. California’s standard regulates four greenhouse gases directly. The federal government, as required by the new Energy Bill, will improve fuel economy standards. Fuel economy and greenhouse gas emission standards are not the same. Although both are laudable, they achieve distinctly different goals.
California’s Standard is One of Only Two Possible Standards
You denounced a confusing patchwork of state rules in your denial statement. There is no patchwork. Rather, there continues to be the two-car system that Congress intended – California cars and federal cars. Currently there is only one greenhouse gas emissions standard – a California standard.
The federal government has not established a greenhouse gas emissions standard for vehicles. If they do, manufacturers will continue to produce, at most, two vehicle types – one certified for sale in California and the states that have adopted California's standard, and one federally-certified for the remainder of the states. That is why we need to adopt the most effective solution – California’s – which is the only greenhouse gas standard in effect.
California’s Standards are Almost Twice as Effective
You said federal CAFE standards are much more effective than California’s standard. Although this is not a proper basis for your decision, according to an analysis by the California Air Resources Board, if all 19 states follow California, the greenhouse gas emissions reduction benefits above and beyond the possible co-benefits under the Energy Bill are expected to be 315 million metric tons by the year 2020, an 85% increase in emission reduction benefits.
This Global Problem Requires the Most Effective Solution
You said this waiver request is distinct from prior waiver requests because, unlike traditional pollutants, greenhouse gas emissions are a global problem. We agree that this is a global problem, but the consequences are a local problem. Higher temperatures will cause a number of troubling local conditions, including worsening smog and soot pollution in cities that already suffer from some of the worst air quality in the nation. That is why we need to adopt the most effective solution, which is ours.
Climate Change Compels Us to Act Now
You said that the circumstances for granting the waiver are not compelling. Each day, scientists better understand the impacts of climate change, and those impacts are certain to be environmentally and economically damaging. All states face negative impacts to their economies, natural resources and shorelines. California is particularly vulnerable because of its reliance on snow pack as the most significant source of water storage, its 1,200 miles of coastline, its agricultural industry that leads the U.S. in production of fruits and vegetables, and its already-challenging air quality issues. This is more than sufficient to warrant California’s claim of “compelling and extraordinary conditions” and to exercise its right to lead a state-based effort to reduce greenhouse gas emissions from motor vehicles, and for other states to follow.
In conclusion, the U.S. EPA action to prevent California, and thereby 19 other states, from implementing its motor vehicle greenhouse gas emissions reduction regulations is without merit. The federal government, with this unprecedented action, is ignoring the rights of states, as well as the will of more than one hundred million people across the U.S. We stand by our commitment to bring cleaner cars to our states.
Sincerely,
Governor Arnold Schwarzenegger Governor Janet Napolitano
California Arizona
Governor M. Jodi Rell Governor John Baldacci
Connecticut Maine
Governor Martin O'Malley Governor Deval Patrick
Maryland Massachusetts
Governor Bill Richardson Governor Eliot Spitzer
New Mexico New York
Governor Theodore R. Kulongoski Governor Edward G. Rendell
Oregon Pennsylvania
Governor Donald L. Carcieri Governor James H. Douglas
Rhode Island Vermont
Governor Christine O. Gregoire Governor Jon S. Corzine
Washington New Jersey
GAAS:30:08For Immediate Release: Thursday, January 24, 2008Contact: Aaron McLear Colleen Ripchick 916-445-4571
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