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New Mexico Law Requires More Renewable Power

New Mexico legislators have given their stamp of approval to the state's commitment to renewable energy. A law that requires the state's major utilities to derive 10 percent of the electricity they sell from renewable sources was approved by both houses and awaits the governor's signature. The law incorporates rules passed by the Public Regulation Commission in late 2002. The commission, Public Service Company of New Mexico, El Paso Electric and Xcel Energy, the Attorney General's Office, the Coalition for Clean Affordable Energy (an environmental group) and New Mexico Industrial Energy Consumers (which represents large power users) all supported the new rule and the new law. The groups pushed for the rule to be codified into law so any major changes would require legislative approval, said Lee Huffman, a PRC staff counsel who worked on the renewable energy rule. "Having it in law gives us greater certainty," said Don Brown, spokesman for Public Service Company of New Mexico. Now that the law has passed, El Paso said it will reconsider the need for an appeal it filed in state Supreme Court that challenged the PRC's authority to pass the rule. The law included a few provisions not in the PRC […]

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Medis Technologies Announces Fuel Cell Development Agreement With Kodak

Medis Technologies Ltd. (NASDAQ:MDTL) has contracted with Eastman Kodak Company's Global Manufacturing Services (GMS) operation to advance the development of refueling cartridges and chemicals, including those for fuel and liquid electrolyte that Medis has patented, to be used in its proprietary fuel cell products. These products are designed to power a variety of portable electronic devices. "Our agreement with Kodak Global Manufacturing Services offers us the opportunity to work closely in our fuel cell program with a highly knowledgeable group respected for its professionalism and sophistication in the uses and production of chemicals," said Robert K. Lifton, Chairman and CEO of Medis Technologies. "We expect this relationship to make an important contribution in advancing the development of our refueling cartridge and of our proprietary chemical components which are such an essential element of our fuel cell products. We also plan to utilize the expertise of GMS in matters relating to quality control and consumer product certification and testing. We have previously announced an agreement with Flextronics International to commence an industrialization program leading to high volume production of our Power Pack products. With the added support from Kodak, we believe we have brought together a world-class team that will greatly […]

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