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Ormat Receives $4.4M Order for Germany Plant

An Ormat Technologies, Inc. subsidiary has entered into a contract valued at $4.4 million with Geo X GmbH of Ludwigshafen, Germany, for the supply of one ORMAT Energy Converter (“OEC”) for a geothermal power plant, located in Landau, Germany. The equipment is to be supplied and installed within 17 months from the date of signature of the contract. The construction of the pre-assembled OEC at the Geo X site in Landau will be undertaken by a third party under a consortium agreement with Ormat. “This is the first order we have received for a geothermal plant in Germany. Construction of three other geothermal projects in Europe is being completed in the Azores Islands, Portugal and in Turkey. Geothermal plants using Ormat equipment in Europe are in operation in the Azores Islands, Iceland and Austria,” said Lucien Y. Bronicki, chairman of the board and chief technology officer of Ormat Technologies. Mr. Bronicki continued, “Europe’s energy policy agenda, which seeks both energy independence and emission reduction, offers Ormat important opportunities and the potential for further growth in our products business. Ormat’s OECs and Recovered Energy Generation (“REG”) systems for energy intensive industries are optimal solutions that deliver clean, reliable and secure energy […]

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Green Energy Delivers UTCS Software

The Green Energy Resources (Other OTC:GRGR.PK) urban tree certification system (UTCS) software system is ready for market and will begin producing revenue in 2006. The UTCS software is a web-based, user-friendly software system that “certifies” environmentally “green”, sustainable wood biomasse for the Renewable energy industry. Wood fiber has potential application in over 60% of the total energy markets. UTCS tracks waste wood, currently untapped and uncalculated as marketable commodity. UTCS sources wood generated at the municipal level from the non-forest industry, such as land clearing, landfills, routine park and road maintenance, and storm damages. The UTCS software will compile a database of “cheap” wood, designed to capture the major market share in the US for Green Energy Resources. The strategy is to supply the rapidly emerging US ethanol and biodiesel markets with large volumes of wood fiber from cellulose. The wood fiber database would allow big energy manufacturers to rely on accurate data and long-term supplies to replace corn as the key supply ingredient for fuels. The US Department of Energy estimates ethanol and biodiesel will compose approximately 30% of the US transportations fuels by 2030. Green Energy Resources revenue projections for UTCS are based as few as 3000 US […]

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New Electric Car Mass-Market Approach

By Matthew L. Wald Washington, July 18 – In a new approach to making the electric car a mass-market product, a California company will unveil a model on July 20 that is very specialized, very expensive and very, very fast. Tesla Motors, a four-year-old Silicon Valley start-up, has raised $60 million and spent about $25 million developing a two-seat Roadster that will sell for $85,000 to $100,000. It goes from zero to 60 miles an hour in four seconds, “wicked fast,” said the company’s chairman, Martin Eberhard. Because it is an electric, the driver does not have to shift into second gear until the car hits 65, he said. The Roadster comes 10 years after the introduction of another two-seat electric car that was hailed as a breakthrough in technology, the EV-1 made by General Motors. While many environmentalists had hoped that would be the vanguard of a new trend, G.M. withdrew that car as the three-year leases expired, saying that its limited range – less than 100 miles – made it unmarketable. The recent movie “Who Killed the Electric Car?” argues that G.M. and California conspired to kill a vehicle that would have been popular. The EV-1 was leased […]

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'Dry Clean Only' Proven a Thing of the Past

Holland America Line’s flagship M.S. Rotterdam is now using a new technology that entirely eliminates the use of toxic dry cleaning solvents. The M.S. Rotterdam conversion, first announced May 22, 2006 by Winning Brands Corporation, is a harbinger of things to come in the Dry Cleaning industry internationally because of the fact that this self-contained luxury cruise ship (with a combined crew and passenger count in the thousands) mimics a small city. It is now successfully processing all “Dry Clean Only” garments entirely without conventional Dry Cleaning, which is considered by the U.S. Environmental Protection Agency to be toxic. The new method uses clean water as the carrier of the new active cleaning agents instead of Perchloroethylene. “Perc” is a solvent known in the industry to be non-biodegradable and subject of intense scrutiny. The newly installed system also reduces costs. Winning Brands Corporation stated that the contracted conversion of the M.S. Rotterdam was completed on time and on budget. It has also passed the test of real world use in subsequent evaluation cruises over the past 30 days. This evidence of a viable alternative to increasingly regulated toxic solvents has positive business implications for an industry with over $3 Billion […]

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The Ocean's Power

URL: http://www.energycentral.com/centers/energybiz/ebi_detail.cfm?id=178 Website: http://www.energycentral.com/centers/energybiz/ebi_detail.cfm?id=178     

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