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The International Energy Agency (IEA) on Wednesday made grim predictions of increased fossil fuel consumption by 2030. The IEA, energy adviser to 26 industrialized nations, released its annual World Energy Outlook – a laundry list of nightmare scenarios for environmentalists. By 2030, If current trends continue, the report states: – Fossil fuels will account for 84% of the overall increase in energy demand. – Global carbon emissions will rise by 57% – consistent with a long-term global temperature increase of 5-6 degrees centigrade. – Oil will remain the single largest source of fuel, though its share in global demand will fall from 35% to 32%. – Coal consumption will increase 73%, pushing its share of global demand up from 25% to 28%. – Natural gas consumption will rise from 21% to 22% globally. – Nuclear generation is expected to shrink from 6% of global energy mix to 5%. – Hydro electricity will remain at 2% – Energy produced from biomass and waste will decline from 10% to 9% – All other renewables will increase to 2% of the global energy mix from 1%. Even if all beneficial climate policies currently being considered were implemented, the report states that carbon emissions […]
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URL: http://www.oregonlive.com/politics/oregonian/index.ssf?/base/news/1194497715108680.xml&coll=7 Website: http://www.oregonlive.com/politics/oregonian/index.ssf?/base/news/1194497715108680.xml&coll=7
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One of the first mass production thin-film solar plants has opened its doors. Schott Solar invested Euro $75 million in a manufacturing facility located in Jena, Germany, capable of generating 33 megawatts (MW) a year. The state-of-the-art facility is one of the first to mass produce thin-film solar modules by vapor-depositing silicon onto thin panes of glass. Udo Ungeheuer, Chairman of the Board of Management of Schott, emphasized the strategic importance of this production facility: “By engaging in high-technology mass production of thin-film modules, we are creating a second source of revenue for our photovoltaic activities. As with wafer-based technology, we will now be improving our position among the world’s leading manufacturers in the field of thin-film technology, as well. Furthermore, we will be turning Jena into a site with strong solar expertise.” Schott Solar produces ASIĀ® thin-film modules based on amorphous silicon (ASI) under nearly fully-automated, clean room conditions. The company says more than 1,000 framed standard modules (130 x 110 cm) will be manufactured each day for roof-top and ground-mounted PV systems. In addition, the company will manufacture raw modules in various sizes for customized photovoltaic (PV) uses. Ungeheuer says thin-film technology offers a number of advantages. “Thin-film […]
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SunOpta Inc. (NasdaqGS: STKL) (Toronto: SOY.TO) announced record results for the third quarter of 2007. The company says it achieved record revenues for the three months ended September 30, 2007, realizing its 40th consecutive quarter of increased revenue growth versus the same quarter in the previous year. (All amounts in US dollar) Revenues in the quarter increased by 41.4% to $205,666,000 as compared to $145,463,000 in the third quarter of 2006, led by a 45.2% increase in revenues within the company’s vertically integrated natural and organic food operations. Net earnings for the quarter increased 234.4% to $5,096,000 or $0.08 per diluted common share as compared to $1,524,000 or $0.03 per diluted common share for the same period last year. The company says these results were realized despite significant costs and investment spending within the Company’s healthy fruit snack business and SunOpta BioProcess Inc., and the unfavorable impact of the rising Canadian dollar on Canadian based overhead costs. Operating income for the quarter increased 154.4% to $9,025,000 as compared to $3,547,000 in 2006. For the nine months ended September 30, 2007, the company says it achieved record revenues of $597,083,000 versus $434,520,000 in the same period of the prior year, an […]
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Lignol Energy Corporation (TSX-V: LEC), a technology company in the cellulosic ethanol and biorefining sector, announced that a project led by its wholly-owned subsidiary, Lignol Innovations Ltd. has been awarded up to $2,749,134 in additional funding contributions from Sustainable Development Technology Canada (SDTC). This amount is in addition to the $1.7 million previously awarded from SDTC, bringing the total to $4,449,134. Ross MacLachlan, President & CEO of Lignol said, “This funding supports the expanded scope of our current work plan, which will see the establishment of a new industrial scale pilot plant in the coming months and will accelerate our efforts to commercialize our technology.” “Next-generation biofuels, made from cellulosic biomass, are the key to establishing a new bio-based economy in Canada,” said Vicky J. Sharpe, President and CEO of SDTC. “Lignol’s innovative technology can provide a key solution in the need to produce ethanol from lowvalue feedstocks, while at the same time reducing the chemical industry’s reliance on petroleum. Should the Lignol project be successful, it will be an important step forward for the production of cellulosic ethanol in Canada and around the world.” About SDTC Sustainable Development Technology Canada (SDTC) is an arm’s-length foundation, which has received $1.05 […]
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