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Although The Stock Exchange of Thailand declined as a whole, shares of Solartron Plc surged 45% from its initial public offering price, on its first day of trading after its IPO. Solartron shares opened the day at 8.5 baht and closed at a high of 11.60 baht on trade worth 2.52 billion baht. The company floated 80 million shares in its IPO at eight baht per share. Wandee Khunchornyakong, Solarton CEO, noted that the shares were priced fairly which may have helped. Solartron, a solar cell manufacturer, projects 30% revene growth this year.
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URL: http://www.ens-newswire.com/ens/mar2005/2005-03-31-09.asp#anchor4 Website: http://www.ens-newswire.com/ens/mar2005/2005-03-31-09.asp#anchor4
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URL: http://www.ens-newswire.com/ens/mar2005/2005-03-31-09.asp#anchor7 Website: http://www.ens-newswire.com/ens/mar2005/2005-03-31-09.asp#anchor7
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The U.S. Department of Energy announced new, more stringent criteria for clothes washers carrying the ENERGY STAR label. For the first time, the standards include water savings requirements. The Department of Energy projects the new criteria could result in savings of over $52.8 million annually for American families. The new washers will save over 185.7 million kWh (kilowatt hours) of energy per year, enough to light every household in Washington, D.C. for eight months; and approximately 8.9 billion gallons of water each year, equivalent to the amount of water that flows over Niagara Falls in four hours. The standards go into effect on January 1, 2007. ENERGY STAR-qualified models will be 36% more efficient than the washers meeting the minimum requirements. In 1997, less than one percent of clothes washers qualified for the ENERGY STAR label. Today, ENERGY STAR clothes washers account for over 30 percent of all units sold throughout the United States. The new criteria affect the Modified Energy Factor, or MEF, a composite measure of washer efficiency. The higher the MEF, the more efficient the clothes washer. The current MEF will be increased from 1.42 to 1.72. The new criteria also sets the water factor at 8.0. […]
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URL: http://www.planetark.com/dailynewsstory.cfm/newsid/30163/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/30163/story.htm
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URL: http://www.planetark.com/dailynewsstory.cfm/newsid/30141/newsDate/30-Mar-2005/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/30141/newsDate/30-Mar-2005/story.htm
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According to an article in Asia Pulse, the State Development and Reform Commission recently announced the projects China will implement to industrialize renewable energy and new energy technologies. There will be five key areas of industrialization: Wind power: a 1.5-megawatt variable-speed constant-frequency unit; a 1.2-megawatt direct-driven permanent-magnet wind power generating unit. Photovoltaic solar: a silicon ingot and chip for solar batteries; efficient, low-cost solar battery and system control components. Solar heating; geothermal-pump heating and refrigerating: an electron tube collector; large-area, high and middle-temperature solar water heating systems; all-weather solar water heating systems; high-efficiency geothermal pumps. A pilot high-temperature, air-cooled reactor power station. Hydrogen energy: technology that generates hydrogen from coal and natural gas; high-temperature hydrogen storage tanks; fuel-cell vehicles, and fixed fuel-cell power stations.
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News and Events USDA Offers $22.8 Million for Renewable Energy and Energy Efficiency Company to Build Largest U.S. Biodiesel Plant in North Dakota Lexus to Start Selling Hybrid Sedan in Spring 2006 California Wine Co-op to Install Two Large Solar Power Systems Ongoing Drought in Northwest Threatens Hydropower Production Clean Air Act Settlement to Yield Solar and Wind or Biomass Projects Site News Wind Industry Launches Global Wind Energy Council Energy ConnectionsDOE Releases Revised Greenhouse Gas Reporting Guidance News and EventsUSDA Offers $22.8 Million for Renewable Energy and Energy EfficiencyThe U.S. Department of Agriculture (USDA) announced on Monday the availability of $22.8 million to support new renewable energy systems and energy efficiency improvements by agricultural producers and rural small businesses. The funds will support the use of renewable energy technologies such as biomass (including anaerobic digesters), geothermal, hydrogen, solar, and wind energy.The new funds will be made available in two stages. One half, or $11.4 million, is available immediately for competitive grants of up to $500,000 for renewable energy projects and up to $250,000 for energy efficiency projects. The grant request may not exceed 25 percent of the eligible project cost, and applications must be submitted by June 27th. The […]
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