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Renewable Energy and GreenTech Business and Stock News at Investorideas.com
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- DOE Awards Sixteen Contracts for up to $80 Billion in Energy Efficiency, Renewable Energy, and Water Conservation Projects at Federal Facilities
WASHINGTON - Dec 18 2008 Today the Department of Energy (DOE) announced the award of 16 new Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contracts (ESPCs) that could result in up to $80 billion in energy efficiency, renewable energy, and water conservation projects at federally-owned buildings and facilities. ESPCs help to meet the federal government's energy efficiency, water conservation, and renewable energy goals. The federal government is the largest single user of energy in the United States and these awards demonstrate a commitment to sound government stewardship by recognizing efforts to save energy, reduce federal energy costs, cut greenhouse gas emissions, bring more cutting-edge technologies to use, strengthen national security, and create a stronger economy. - Chevron Energy Solutions Awarded U.S. DOE Contract for Energy Efficiency and Renewable Power Projects
SAN RAMON, Calif.--Dec 19 2008 --Chevron Energy Solutions (CES), a unit of Chevron Corporation (NYSE: CVX), has been awarded a master contract by the U.S. Department of Energy (DOE) to work with federal agencies to reduce energy and water consumption and increase the use of renewable energy at agency facilities. - Ocean Power Technologies and Leighton Contractors Sign Agreement to Develop Wave Power Stations
PENNINGTON, N.J.--Dec 19 2008 -Ocean Power Technologies (Australasia) Pty Ltd ("OPTA"), a subsidiary of Ocean Power Technologies, Inc. (Nasdaq: OPTT and London Stock Exchange AIM: OPT) ("OPT") is pleased to announce that it has signed an agreement with Leighton Contractors Pty Ltd ("Leighton") to develop wave power projects off the east and south coasts of Australia. - QVC Facility Brought Online for 1-Megawatt Solar Output; Community to Benefit from 3.1 Million Pound Reduction in Carbon Emissions
ROCKY MOUNT, N.C., Dec. 18 2008 -- Liberty Media's QVC (NASDAQ: LINTA) , working with SunPower Corp. (NASDAQ: SPWRA) (NASDAQ: SPWRB) , today unveiled the installation of a 1-megawatt solar electric power farm at the QVC Rocky Mount, Inc. distribution center based in Rocky Mount, NC. The project stands as one of the state's largest renewable energy initiatives to date and furthers Liberty and QVC's commitment to conservation and projects with lower environmental impact. The ground installation of the solar panels completed at the 1,300-employee QVC Rocky Mount campus spans nearly 5 acres. The amount of energy produced by the system annually will result in a significant 3.1 million pound reduction in carbon emissions or the equivalent of removing 259 cars from the road each year. Liberty and QVC are expecting to offset 20% of the facility's annual energy costs. - Global Investment in Cleantech Companies Reaches Record US$4.6 Billion in the First Three Quarters of 2008, Says Ernst and Young
United States Continues to Drive Global Cleantech Investment - IDC Survey Shows Energy Concerns Lead the Way Toward Green IT Adoption
FRAMINGHAM, Mass.-- Dec 18 2008 -Despite some regional differences in priorities and motivators, senior business executives and ICT decision-makers around the world agree that Green IT initiatives are at the top of their agenda. According to IDC's latest global Green IT survey, these executives are becoming more deeply involved in their companies' green-based initiatives as pressures mount to cut costs and as government mandates begin targeting carbon emissions and the disposal of all IT equipment. - Balqon Corporation Installs AeroVironment's PosiChargeT Fast Charge System at Port of Los Angeles to Power Electric Trucks
MONROVIA, Calif.--Dece 18 2008 --AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that Balqon Corporation (OTC:BLQN), a developer of heavy duty electric trucks, tractors and electric drive systems, has purchased a new high voltage version of AV's PosiChargeT fast charge systems as part of a program to replace internal combustion yard tractors with electric propulsion vehicles at the Port of Los Angeles. - Fuel Cells: $1.2 Billion Now Will Add US Jobs and Clean Energy Capacity, Reduce CO2
WASHINGTON, Dec 18 2008 - The fuel cell industry asked Congress and the incoming Obama Administration today to set aside $1.2 billion in the planned stimulus package for fuel cells and their fuels. - Investing in a Better World - Renewable Energy, Green Technology and Water
POINT ROBERTS, Wash., Delta B.C., December 18, 2008 - www.InvestorIdeas.com, one of the first online investor resources providing in-depth information on renewable energy, greentech and water, provides independent investors access to research tools for making informed independent investment decisions in the renewable energy and water sectors. - T. Boone Pickens Comments on OPEC Decision to Cut Oil Production by 2.2 Million Barrels Per Day
Dallas, TX, December 17, 2008 - T. Boone Pickens offered the following comment on OPEC's decision to cut oil production by 2.2 million barrels per day: "This is in line with what I predicted would happen last week. OPEC's decision will likely lead to an increase in oil and gas prices in America and proves the point that we must reduce our dependence on foreign oil. This is further evidence that OPEC's interests are not aligned with ours. You can't fault them for trying to maximize the value of a commodity they have, but you have to fault us as a nation if we don't move fast in the next Administration to significantly reduce our dependence on foreign oil and the threat it poses to our national security and economy. We have the domestic resources in wind, solar and natural gas to get the job done on energy and transportation, so let's use them." - Research and Markets: Developing Biofuel from Algae Examines the Potential of Algae to Act as a Viable Fuel in the near Future
DUBLIN, Ireland-- Dec 17 2008 --Research and Markets (http://www.researchandmarkets.com/research/2c0b15/developing_biofuel) has announced the addition of the "Developing Biofuel from Algae" report to their offering. - Renewable Energy Stocks Sector Close-Up; Market Strength Spreads Across Sector
POINT ROBERTS, WA -December 17, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on renewable energy and solar stocks based on overall upward trends in the market that reflected strong gains in some of the sector leaders. First Solar, Inc. (NasdaqGS: FSLR) was up $15.41 (13.86%) on the close. - Satcon Announces 40 Megawatt Supply Agreement with Siliken Renewable Energy
BOSTON--December 16, 2008 --Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, announced today that it has signed a strategic supply agreement with Siliken Renewable Energy USA, the North American subsidiary of Spanish-based system integrator Siliken SA. As part of the agreement, Satcon will deliver 40 megawatts (MW) of its next generation PowerGateR Plus PV power conditioning solutions to Siliken over the next 12 months. - Investorideas.com Announces New Renewable Energy Stock Showcase Company, GWS Technologies, Inc. (OTCBB: GWSC)
POINT ROBERTS, WA -December 16, 2008 www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, announces new featured showcase company, GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing "microgeneration" solar and wind-powered renewable energy products and solutions. - OriginOil Announces Successful Automation of Its Helix BioReactor System
LOS ANGELES - OriginOil, Inc. (OTCBB:OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced the successful automation of its Helix BioReactorT system. This breakthrough technology optimizes algae growth, making large-scale commercial algae production scalable. - Raser Technologies Files for Listing on the NYSE "Big Board"
PROVO, Utah, Dec 15,