China Close to Production of GMO Rice
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ZAP Crosses $100 Million Threshold for SmartCar
ZAP (OTCBB: ZAPZ), a company pioneering next generation advanced transportation and energy technologies, has crossed the $100 million threshold for purchase orders for its SMARTCAR high gas mileage vehicles. Steve Schneider, CEO of ZAP, said, “The high rate of purchase orders we’ve been booking for the Smart Car confirms the American public is eager to purchase cars that will help drivers save significantly on gasoline costs as well as enable them to take meaningful steps to protect the environment. We believe the Smart Car, which is already a major success throughout Europe, will define the next generation of fuel-efficient and hip transportation for Americans.” The new orders follow the Company’s announcement last month totaling $55 million from dealers who want to supply consumer demand for cars that provide substantial advantages in gas mileage, in a safe and stylish vehicle. The Smart Car debuted for dealers in January, at the annual convention of the National Automobile Dealers Association Dealers (NADA) in New Orleans. The Company booked approximately $21 million in purchase orders at that convention and anticipates it will receive continuing SMARTCAR purchase orders from U.S. dealers as it further expands its national dealer network for its line of innovative ZAP […]
FuelCell Energy to Provide FuelCell Plant for Pepperidge Farm
FuelCell Energy, Inc. (NasdaqNM:FCEL) and its distribution partner, PPL EnergyPlus, a subsidiary of PPL Corporation (NYSE:PPL), are providing a 250-kilowatt Direct FuelCell (DFC) power plant for the Pepperidge Farm bakery facility in Bloomfield, Conn. Opened in 2003, the facility is the newest of Pepperidge Farm’s eight bakeries in the U.S. Pepperidge Farm is a unit of the Campbell Soup Company. This project was made possible through the support of the Connecticut Clean Energy Fund (CCEF). The fuel cell power plant is expected to provide about 20 percent of the facility’s base load power, with the heat byproduct being used for process steam for the bakery. PPL will own the unit and sell the electricity and heat to Pepperidge Farm under a power purchase agreement. FuelCell Energy will provide maintenance under its long-term master service agreement with PPL for its fleet of DFC power plants in North America. Delivery is expected in the third calendar quarter of 2005. This is the seventh DFC power plant customer in less than three years for Fuel Cell. The Pepperidge Farm project was one of the finalists selected for funding in 2002 under the CCEF’s fuel cell program designed to stimulate the development and commercialization […]
Carmanah Announces Financial Results for 2004
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Protonex and Millennium Cell Deliver First Joint Product to Air Force
Protonex Technology Corporation, a manufacturer of high performance fuel cell power sources for portable and remote applications, and Millennium Cell Inc. (NASDAQ: MCEL), a leading developer of hydrogen energy systems, have delivered the first fully-integrated 30 Watt portable fuel cell power system fueled by chemical hydride cartridges to the U.S. Air Force. This portable power system(P1), is the first deliverable under a U.S. Air Force Research Laboratory, Dual Use Science and Technology (DUST) contract awarded to Protonex. The system integrates Millennium Cell’s hydrogen energy system into Protonex’s PEM fuel cell platform to provide a fuel cell power source for soldiers on extended field missions. “The delivery of P1 midway through the DUST program, represents a significant milestone in the development of soldier power systems,” said Thom Reitz, Research Leader, Fuel Cells for the Air Force Research Lab. “The Air Force is very interested in evaluating this system as a means for significantly reducing the overall power system weight burden carried by the war fighter. We are looking forward to testing P1 and providing feedback to advance the technology to the next readiness level for the final deliverable due later in 2005.” The P1 unit represents a substantial improvement in energy […]
Quantum Technologies Reports Q3 Financial Results
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Martek Slammed on Guidance
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Weekly Clean Energy Roundup:March 9, 2005
News and Events USDA Offers Up to $14.3 Million for Biomass Energy Projects Solar Power Leaders Launch Group to Grow U.S. Markets Las Vegas Water District to Feature 3.1-Megawatt Solar Project Solar Power Researchers Pursuing New, Innovative Materials Fuel Efficiency Key to Around-the-World Flight International Competition Recognizes Efficient Power Supplies USDA Offers Up to $14.3 Million for Biomass Energy ProjectsThe U.S. Department of Agriculture (USDA) announced last week the availability of $14.3 million in grants for value-added agriculture business ventures. In keeping with a trend started in 2003, the USDA is giving priority consideration to grant applications that dedicate at least 51 percent of the project costs to biomass energy. To date, the USDA has provided more than $100 million in value-added grants, including grants to more than 80 energy projects that related to producing biomass energy, generating wind power, or producing biodiesel or ethanol fuel. Grant applications are due by May 6th. See the USDA press release.The Value-Added Producer Grant program was authorized by the Agriculture Risk Protection Act of 2000 and the 2002 Farm Bill. Grants are available to independent producers, agricultural producer groups, farmer or rancher cooperatives, and producer-based business ventures. The grants are available for the […]
China Passes Renewable Energy Law
China has passed a renewable energy law, setting the stage for the country to transform world renewable energy markets. The Renewable Energy Promotion Law, which takes effect next year, requires power grid operators to purchase resources from registered renewable energy producers. It also encourages oil distribution companies to sell biological liquid fuel, and offers financial incentives, such as a national fund to foster renewable energy development, and tax preferences for renewable energy projects. The government plans for renewable energy sources to contribute to 10 percent of the total by 2020. At the Bonn conference on renewable energy last June, China pledged to increase its installed renewable energy generating capacity to about 60 gigawatts by 2010, about 10 percent of total power capacity (from 3% today). China relies on coal for about 75 percent of its energy and coal-fired plants account for most of its pollution. China is now the world’s second biggest producer of carbon dioxide accounting for a seventh of the global total. Only the United States is worse, according to the International Energy Agency. Last year, the market for wind energy in China grew by 35% even without the new law. China has huge potential for solar, wave, […]
China Passes Renewable Energy Law
China has passed its first ever renewable energy law, setting the stage for the country to transform renewable energy markets. The Renewable Energy Promotion Law, which takes effect next year, requires power grid operators to purchase resources from registered renewable energy producers. It also encourages oil distribution companies to sell biological liquid fuel, and offers financial incentives, such as a national fund to foster renewable energy development, and tax preferences for renewable energy projects. At the Bonn conference on renewable energy last June, China pledged to increase its installed renewable energy generating capacity to about 60 gigawatts by 2010, about 10 percent of total power capacity (from less than 1% today). China relies on coal for about 75 percent of its energy and coal-fired plants account for most of its pollution. China is now the world’s second biggest producer of carbon dioxide accounting for a seventh of the global total. Only the United States is worse, according to the International Energy Agency. Last year, the market for wind energy in China grew by 35% even without the new law. China has huge potential for solar, wave, tidal and biomass power and there is huge commercial interest in developing renewables there. […]