1. Home
  2. Articles posted by: Rona Fried (Page 1889)

WorldWater Signs Major Contracts

WorldWater & Power Corp. (OTC BB:WWAT.OB) announced that it has signed major contracts to provide solar power for West Pico Food, Inc. for $3.1 million and for a commercial building in Southern NJ for $928,928. The West Pico Food, Inc. project to build and install a solar electric power system for West Pico Food, Inc. is located in Vernon, California. The photovoltaic (PV) system is expected to substantially reduce electrical usage costs for the Company, a distributor of wholesale frozen foods to supermarket chains in Southern California. WorldWater & Power Corp. plans to construct a carport over the parking area to hold the PV panels that will power the system. Plans call for construction of the carport and installation of the systems to be managed and supervised by Quantum Energy Group, the California engineering, construction and project management firm acquired by WorldWater & Power Corp. earlier this year. The contract is subject to financing and approval of the utility rebate application, following which construction is expected to begin immediately. The Southern NH commercial building project to build and install a solar electric power system for a commercial building is located in Sewell, NJ. The photovoltaic (PV) system will be designed […]

Read More

Congress Undermines Federal Wind Research and Development Program

Federal investments in wind energy research and development (R&D) will be severely restricted during 2006 with a whopping $13 million of the $39 million available for 2006 being carved out – or earmarked – for 17 specific local projects requested by individual members of Congress. “Earmarking one-third of the wind energy R&D program without adding more funds significantly harms important ongoing efforts,” said AWEA Executive Director Randall Swisher. “It results in an effective budget of only $26 million for crucial efforts at the National Wind Technology Center (NWTC) aimed at continuing to drive down the costs of the technology.” In addition to the R&D budget carve-outs, the overall program will also suffer a cut from $41 million to about $39 million. The restrictions and the $2 million cut were included in the annual Energy and Water Development appropriations, or spending, bill (H.R. 2419) just passed by the House and Senate. “The Senate had originally proposed an $8 million cut in wind investments below current spending,” said AWEA Legislative Director Jaime Steve, “but AWEA and its allies were able to restore $6 million of that amount.” Steve added, “We were also successful in keeping Senate calls to restrict the Department of […]

Read More