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Archive for July 3rd, 2008

Now that Americans are paying gas prices approaching those that many Europeans have been paying for years, “green” technology is becoming a focus of some mainstream U.S. companies. Various technologies in development–electric cars, LEDs, solar cells–promise revolutionary savings, at least when they can practically be used instead of their conventional counterparts–gasoline-powered cars, compact fluorescent lamps, [...]

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A French biotechnology firm and Virginia Tech Intellectual Properties Inc. have signed an exclusive, worldwide option-to-license agreement to sole use of new technologies for converting biomass to ethanol and hydrogen.
Biomethodes is an Evry-based firm specializing in industrial biotechnology, especially enzymes that are critical in major industrial processes.
French Firm Partners with Tech to Create Biofuel

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Brookfield Renewable Power Inc. announced Monday that it has completed a US$120-million project financing related to the acquisition of the Itiquira hydroelectric generating facility in Brazil.
Brookfield Renewable Power Arranges US$120M Financing

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The coal advantage that India and China have, would be offset by global warming concerns over the usage of the cheaper fossil fuel. According to a report by Standard & Poors, China accounts for 40% of total world coal usage and has already overtaken the US in carbon emissions as a result.
Global Warming Concerns May [...]

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The company has signed a five-year extension of the existing association contract with Sonatrach for the RKF field operation.
This renewal fits into the framework of the Production-Sharing Agreement for crude oil between CEPSA and Sonatrach for the Berkine Basin (Algeria) located in the Western Sahara CEPSA has signed an agreement with the Algerian national oil [...]

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With the arrival of summer, children can sometimes be seen playing with magnifying glasses, delighting in their seemingly magical ability to light small piles of leaves on fire. This year, a utility-size version of the same idea—concentrating the sun’s rays to create intense heat—is attracting growing interest and investment from electric utilities seeking to boost [...]

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JDR, a worldwide provider of custom designed and manufactured subsea power cables, umbilical systems and specialised marine cables, has been awarded a contract by Fluor Ltd for the supply of inter-array cables for the Greater Gabbard offshore wind farm. Under development by Airtricity, the renewable energy development division of [...]

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In an effort to provide more environmentally friendly energy in the province of Ontario, Renewable Energy Systems Canada has announced plans to develop wind farm projects in both the Whitney and Denbigh area.
Wind Turbine Farm Plans in the Works

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The rising cost of traditional energy sources logically fuels rising calls for the development of alternative energy sources. While Santee Cooper is currently embroiled in an intense debate over its attempt to build a $1.25 billion coal-fired power plant in Florence County, the state-owned utility is also moving forward on “green” power.
Necessary Energy Alternatives

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Another hydrogen-based fuel cell company has brought in cash, and unlike the physics-defying BlackLight, this one’s tech is already getting tested in some big deals. Intelligent Energy said this morning that it has raised $13.6 million to help it get its hydrogen fuel cells closer to commercialization.
Fuel Cell Funding: Intelligent Energy Raises $13.6m

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