Green Power May Ruin Pristine Land in California
URL: http://www.csmonitor.com/2007/0424/p02s01-wogi.html Website: http://www.csmonitor.com/2007/0424/p02s01-wogi.html
US Top Court Won't Hear Power Plant Pollution Rule
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Interior to Propose Expanding Offshore Drilling
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Investors Cheer, Greens Jeer Canada Emissions Plan
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/41615/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/41615/story.htm
Australia to Exceed Kyoto Targets
URL: http://www.planetark.com/dailynewsstory.cfm/newsid/41609/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/41609/story.htm
Detroit Faces Bipartisan Fire Over Fuel Economy
URL: http://www.washingtonpost.com/wp-dyn/content/article/2007/04/23/AR2007042301893.html Website: http://www.washingtonpost.com/wp-dyn/content/article/2007/04/23/AR2007042301893.html
Indonesian Governors Curb Logging to Reduce Climate Change
URL: http://www.ens-newswire.com/ens/apr2007/2007-04-27-01.asp Website: http://www.ens-newswire.com/ens/apr2007/2007-04-27-01.asp
Venture Capital Rushes Into Alternative Energy
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Ormat Expects Loss for Q1
Ormat Technologies, Inc. (NYSE: ORA) announced it expects to report a net loss in the range of $5.5-$6.5 million ($0.14-$0.17 per share) for the first quarter of 2007. The loss is mainly due to the cumulative effect of several unrelated events that occurred during the first quarter, as described below: — Increase in maintenance costs incurred in the Heber 1, Puna and Ormesa projects, in part due to maintenance overhauls that are scheduled every four to five years and in part due to accelerated maintenance costs to assure higher well availability in the summer months when electricity rates paid under the relevant power purchase agreements are higher. Additionally, in the case of Heber 1, there also was a reduction in revenues during the overhaul period. — Reduction in revenues as a result of an unforeseen delay, mainly relating to permitting, in completion of the Galena 2 and Steamboat Hills projects, which have now received the necessary permits and are currently in acceptance tests; and a reduction in revenues due to a failure of turbines, not manufactured by us, at the Steamboat 2 and 3 project. — A delay in Products Segment revenue recognition from the first quarter to subsequent quarters […]
XsunX Plans US Thin Film Solar Factory
XsunX, Inc. (XSNX.OB) announced it would build a multi-megawatt (MW) thin-film production plant so meet rising demand for solar integrated houses and buildings (BIPV). “We are planning the manufacturing line around a 5-megawatt modular design which allows us to scale from 5 to 25 to 50 megawatts of production by adding new 5-megawatt lines,” said Joe Grimes, XsunX COO. The company is looking closely at states that have renewable energy portfolios and a qualified work force: California, Massachusetts and its home state, Colorado. “The growing national and international market opportunities for building integrated photovoltaics clearly support this decision to expand the XsunX business model from a purely licensing and equipment sales model into one of manufacturing the solar devices ourselves here in the U.S.,” said Tom Djokovich, CEO of XsunX.