Western states take lead in the drive for renewable energy
The political climate for many of the western states are slowly starting to change to see the need for conversion to renewable energy sources. These test installations for Solar, Geothermal, and Wind energy are now producing real power for these areas. The key for us is to find the vendors that supply these installations. As the funding increases in these test beds, our growth will increase. Here is a good article from the sfgate.com about the various western states initiatives. "California's goal is to produce 20 percent of its electricity from renewable sources by 2017. New Mexico...
Former Soviet Weapon Designers Take On Wind Power
Worldchanging.com has an article about former soviet weapons designers working with Lawrence Berkely National Latoratory to design a new vertical axis wind turbine. Lawrence Berkeley helped form a new company, known as Wind Sail, to commercialize the new turbine for this Russian group.
Northern Power Systems to Supply Northwind(R) 100 Wind Turbines to Alaska Village Electric Cooperative
Northern Power Systems, Inc., a subsidiary of Distributed Energy Systems Corp (DESC) has been awarded a $1.9 million contract from Anchorage-based Alaska Village Electric Cooperative (AVEC) for seven of Northern's NorthWind® 100 wind turbines. The advanced-design 100 kW wind turbines will generate renewable electric power for 3 remote communities, in western Alaska, served by AVEC. As part of the contract award, Northern will provide on-site installation and commissioning services of the turbines in the harsh Alaskan environment. It is the first stage in a broader effort through which AVEC will be integrating wind into more of the 51...
Distributed Energy Systems Ends 2004 With Strong Fourth Quarter Revenues and Solid Backlog; Summarizes...
Distributed Energy Systems Corp (DESC) announced preliminary estimated full-year 2004 revenues of approximately $21 million, and preliminary estimated fourth quarter revenues of approximately $10 million. The Company also announced that its backlog of signed project and product commitments at year-end is approximately $25 million. This figure represents signed contracts covering energy projects for commercial and industrial clients, as well as in-house manufactured systems, including hydrogen generators and wind turbines.
Alternative Energy Gets Real
BusinessWeek has written an article about the investment opportunities available int he Alternative Energy marketplace. Renewable energy is booming. The use of solar power has been growing by more than 30% a year and, except for a hiccup in 2004 when Congress delayed renewing a tax credit so has wind power. Ethanol is heading for record production levels. And there's no end in sight, given high oil and gas prices, an increasing number of government mandates and incentives, and the first real steps toward tackling global warming. Clean Edge Inc., a research and strategy consultant, predicts...
Distributed Energy Systems profile on Forbes.com
Distributed Energy Systems Corp (DESC) has been profiled on Forbes.com. Kenneth Reid, editor of Spear's Security Industry Analyst, recommends buying shares of Distributed Energy Systems. The Wallingford, Conn.-based company creates and delivers a variety of products for the alternative and decentralized energy markets.. . .The story of Distributed Energy and other alternative-energy players is a long-term one, say bulls like Reid. With the surge in oil prices this year, the story is resonating with investors. Distributed Energy shares are up 333% in the past year, trading around $8 after hitting a 52-week (intraday) high of $8.09 on Sept....
Wind Turbine Art
My sister, who is a linocut artist, just finished some wind turbine prints for me. One is below, you can check out the others at facebook.com/SarahKonradArt
Renewable Energy: a Better Bribe
Bribing and Pressuring Fissile Regimes On July 25th, France offered to build a nuclear reactor for Libya to power a water desalinization plant. Russia is delaying the delivery of nuclear fuel for Iran's nearly completed Bushehr to help pressure them to comply with UN Security council demands for less secrecy. South Korea, Japan, China, Russia, and the United States promised to provide 950 thousand tons of oil or equivalent aid to North Korea in return for permanently disabling all its nuclear facilities. I'm not going to argue about whether using energy aid is the best way to influence this...
FPL Group in Talks to Buy Constellation Energy Group
FPL Group Inc (FPL) is currently in the advanced stages of negotiations to acquire Constellation Energy Group (CEG). An FPL-Constellation merger would create a giant East Coast-based utility with a market capitalization, based on Tuesday's closing stock prices, of $26.97 billion - $16.93 billion for FPL and $10.04 billion for Constellation. Constellation Energy Group is based out of Baltimore Maryland and is the holding company for Baltimore Gas and Electric. They also have an extensive presence in the wholesale power supply and generation business. The Power Generation Division currently uses 4.6% alternative sources for power generation. ...
Pennsylvania to Generate 3,600 Megawatts of Wind Power by 2016 Due to New Standard
As mentioned in a previous entry, the Pennsylvania legislature passed SB1030, the Alternative Energy Bill, on November 20, 2004 which will require a total of 18% of Pennsylvania's electricity to be generated by alternative energy sources by 2020. The standard requires 8% of Pennsylvania's electricity to be generated by so-called "Tier I" renewable sources of energy by 2020. Tier I resources include solar, wind, geothermal and biomass. The standard also requires 10% of the state's electricity to come from a second category of resources that include waste coal, integrated combined coal gasification technology, municipal solid waste, large-scale hydro,...
ENDESA Starts Work on the New Valpardo Wind Farm in Avila
ENDESA (ELE) will have 21.5 MW of new wind capacity in the region of Castilla y Leon once its cogeneration and renewable energy subsidiary (ENDESA Cogeneracion y Renovables: ECYR) completes the construction of the Valpardo wind farm in the town of Navalperal de Pinares (Avila), located in the central part of the Malagon mountain range. The farm is scheduled to start up at the end of this year.
Rapidly Growing Alternative Energy Companies
The last post highlighted several companies in the alternative energy, conservation and environment technology fields that have delivered exceptional price performance over the last year. Prospects for growth in sales or earnings appeared to be key drivers of the price movement. It makes sense to seek indicators of growth as cues for those companies that may become tomorrow’s price movers.
Crystal Equity Research’s novel alternative energy indices were a good place to go on a ‘quest for growth.’
Beach Boys Index - Biodiesel
The two analysts who publish estimates for Renewable Energy Group (REGI: Nasdaq)apparently expect a surge in growth in the current year followed by a leveling...
Key Players in New Wind Turbine Technology
David Appleyard Vestas Wind turbines in Sloterdijk. Photo by Aloxe. With annual market growth of almost 10 percent, and cumulative capacity growth of about 19 percent according to the latest figures from the Global Wind Energy Council, the wind sector continued to make robust progress in 2012. But while these figures suggest a relatively buoyant market for installations, perhaps a more accurate way to judge the health of the wind sector is to consider investment in R&D, and more specifically the products of that research, development and testing....
Spain aims to triple wind power
The Spanish government will increase the country’s wind-power target for 2010 to 20,000 megawatts, up 54 percent from the existing target of 13,000 MW, a government source said on Tuesday. Spain ranks third in the world behind Germany and the United States with an installed wind power capacity of 6,200 MW, and the new goal aims to reduce Spain’s dependency on imported fuel.
FPL Energy Announces New Wind Farm in Texas
FPL Group Inc (FPL) announced it will build, own and operate a new wind farm in Texas, the Horse Hollow Wind Energy Center, to be located in Taylor County, Texas. The 220.5-megawatt Horse Hollow Wind Energy Center will be comprised of 147 1.5-megawatt wind turbines spread over a 22,500 acre site approximately 15 miles southwest of Abilene. Initial site work on the project is underway with full-scale construction expected to begin in the next few weeks and be completed no later than December 2005.
Kerry’s High-Wattage Energy Plan
BusinessWeek.com discusses John Kerry's plan to increase alternative energy usage for the country. John Kerry's blueprint for energy independence doesn't suffer from lack of ambition. In early August, he'll unveil an energy plan that he says can break America's addiction to foreign oil, revitalize the U.S. auto industry, help farmers and coal miners, fight global warming, and create jobs all for just $2 billion per year. "We can live in an America that is energy independent," Kerry promises.
