Wednesday, August 31, 2011

Magna International has joined hands with Ontario ( one of the provinces in Canada). Together they have launched an initiative for Electric Vehicles.


Magna International has joined hands with Ontario ( one of the provinces in Canada). Together they have launched an initiative for Electric Vehicles. They will invest about $441 million in the initiative. It will also create and protect some of the existing jobs. Magna has plants in Aurora, Brampton, Concord and St. Thomas. The project will fund research in electric and hybrid cars.

Lighting Science and Dixon Technologies have made a LED bulb which will be available in the market for less than $15.


Lighting Science and Dixon Technologies have made a LED bulb which will be available in the market for less than $15. This is a 60 watt bulb. It is known as A19. IT will be available in India by the year end. The company will then release it across the other parts of the globe next year. 

Viridity Software will integrate its EnergyCenter software with Intel’s Data Center Manager SDK.


Viridity Software will integrate its EnergyCenter software with Intel’s Data Center Manager SDK. This will help mangers from IT and facilities department to monitor data regarding data center assets.  The detailed information will be obtained from servers directly by the software. 

Jelly Belly Candy Company manufactures gourmet jelly beans. The company has installed WeatherTRAK Smart Water Management Solution from HydroPoint to reduce outdoor water consumption


Jelly Belly Candy Company manufactures gourmet jelly beans. The company has installed WeatherTRAK Smart Water Management Solution. The solution is from HydroPoint. This will help the company to reduce outdoor water by 29% at its headquarters. The outdated irrigation system at the campus was replaced by the WeatherTRAK irrigation controllers. The 35 acre campus is situated at Fairfield, California. 

The study was done by Jones Lang LaSalle and the Ethisphere Institute support open office environment in creating an ethical organization



Mark Ohringer is the VP and global general counsel discusses about ethics and organization culture. He talks about how it is affected by the action of senior management. This was also supported by a study where in more than 80 % of the respondents agreed about the fact the Open office environments helps in creating a ethical environment. The study was done by Jones Lang LaSalle and the Ethisphere Institute.

U.K. based IP Group Plc develops renewable energy, medical and chemicals using university research has posted loss


U.K. based IP Group Plc develops renewable energy. It also is in medical and chemicals businesses and uses university research. The c company has posted a loss of $4.9 million. This is more than what was expected. The company’s loss increased than compared to what was a year earlier. 

India based Suzlon Energy Ltd. is Asia’s third largest wind turbine maker, plans to develop a wind farm in Yorke Peninsula, South Australia according to Mike Rann, premier of the Australian state.


India based Suzlon Energy Ltd. is Asia’s third largest wind turbine maker. It has plans to develop a wind farm in Yorke Peninsula, South Australia. The company would spend about $1.4 billion in the wind farm. The wind farm is expected to have a capacity of 600 MW. This was disclosed by Mike Rann, premier of the Australian state. Suzlon is expecting to complete the wind farm by 2015. 

Seoul, South Korea based Korea Hydro & Nuclear Power Co. is going to spend about $5.6 billion on nuclear reactors


Korea Hydro & Nuclear Power Co. is based out of Seoul, South Korea. It is a unit of the state run power distributor. It is going to spend about $5.6 billion in the next ten years on nuclear safety. About 7% of the sales will be spent on nuclear safety and developing new technology. The life span of the nuclear reactors can be increased to 80 years after new technology is developed.

Volkswagen which is Europe’s biggest car maker is bringing out a sub compact for city drive Up under the Chief Executive Officer Martin ( CEO ) Winterkorn


Volkswagen which is Europe’s biggest car maker is bringing out a sub compact for city drive. This will  expand the product offering of Volkswagen. The car would be cheapest in the portfolio. The fuel efficient car is expected to sell at $13800 euros. The car will be known as Up and it will be the first car which has been built from scratch under the Chief Executive Officer Martin ( CEO ) Winterkorn.  The company want to be the number one company in global sales by 2018.

Volkswagen AG is talking to Windreich AG for investing in probably the Deutsche Bucht wind farm


Europe based Volkswagen AG is talking to Windreich AG. Volkswagen AG is the biggest automotive company in Europe. Windreich AG is a renewable energy developer.  Volkswagen wants to invest in wind farms in North Sea. Windreich has got eh permission from the government of Germany to build the Deutsche Bucht wind farm. The wind farm would have 42 turbines and approximately 252 megawatts. Areva Wind and one more manufacturere are competing for the contract to supply wind turbines. These details were given by Willi Balz, Windreich who is the  chief executive officer ( CEO ). 

Abengoa SA ( ABG) is based out of Spain. It develops solar-thermal generators and also biofuels.


Abengoa SA ( ABG) is based out of Spain. It develops solar-thermal generators and also biofuels. The net income of the firm rose by 11% in the first half. The company commissioned new power and ethanol plants.  The analysts had estimated that the profits would rise to 108.8 million but the actual profits were 102.1 million euros.

China Petroleum and Chemical Corporation is trying to diversify into shale gas


China Petroleum and Chemical Corporation is trying to diversify into shale gas. It is one of the biggest refiners in Asia. The crude processing business has become unprofitable.  The company feels that future expansion would come by moving into non traditional sources of gas. 

Tuesday, August 30, 2011

Suzlon planning $1.3 bn wind project to power Australian homes

Suzlon Energy is planning to set up a $1.3bn wind power project near the Yorke Peninsula in Australia which would be able to power 225,000 homes a year. A total of 180 turbines will generate close to 600MW and deliver it to homes via undersea cable.



The project is expected to create 500 construction jobs and 50 ongoing jobs will be completed by the end of 2015, it said. Suzlon is also involved with wind farm projects at Hallett, North of Adelaide.

Australia is proposing to simplify the rules on the carbon credit market reworking the Carbon Farming Initiative


Australia is proposing to simplify the rules on the carbon credit market. It may work on how carbon credits are approved in greenhouse-gas market. This will reduce costs. It may also help the government to get the regulation approved as it has been facing stiff opposition. The government is working on the Carbon Farming Initiative. 

China Datang Corp. Renewable Power Co. has decided to sell 2 billion yuan of 366-day bonds


China Datang Corp. Renewable Power Co.  has decided to sell 2 billion yuan of 366-day bonds. The target date is September 6 2011. This was disclosed by the Chinese government bond clearing house.

Prime Minister Yingluck Shinawatra said that it wants ethanol-blended gasohol to be cheaper.


Thailand’s government plans to encourage alternative sources of energy. Prime Minister Yingluck Shinawatra said that it wants ethanol-blended gasohol to be cheaper. It should be at least 2 baht per liter. The government has to see how they can reduce the price without affecting the fiscal discipline much. 

Solar Millennium AG wants to own Millennium Invest AG


Solar Millennium AG is undergoing a restructuring. Under the new structure the firm will own 100% of its sales subsidiary Millennium Invest AG. The group is trying to simplify the organization.

French Prime Minister Francois Fillon says that France won’t build nuclear power plants to fill the gap left by closure of German Power Plants


About three fourth for the power in France comes from Nuclear Plants. However Germany has decided that it would not have any more nuclear power plants and would phase out the existing ones by 2020. France may not build new power plants to fill in the gap left by the closure of German nuclear Power plants. This was disclosed by the French Prime Minister Francois Fillon. 

Kasikornbank is based out of Bangkok and is the fourth largest bank in Thailand, plans to arrange finance for two hydropower projects Nam Ngum 3 and Nam Ngiep 1 in Laos.


Kasikornbank is based out of Bangkok and is the fourth largest bank in Thailand. It has plans to arrange finance for two hydropower projects. The projects will be based out of Laos. About $133 million worth of loan will be provided. The hydro power projects are known as Nam Ngum 3 and Nam Ngiep 1 and they will be located in Laos.

Former Indian PM Rajiv Gandhi's advisor hails Gujarat green power

P S Deodhar, former electronic technology advisor to Late Rajiv Gandhi, heaped praise on the state and said that it was doing a good deal to promote renewable energy development.

Gujarat government was utilizing waste land effectively for installing solar power generation capacity. The future for solar power generation is very bright, thanks to the increased level of awareness in the country, particularly states like Gujarat, said the former chairman of Electronics Commission of Government of India.

However, Deodhar, who is also president of India China Economic and Cultural Council, was concerned about power loss due to dust on solar panels. He said that installing solar panels in desert areas could be made effective only by keeping these dust-free. Else, around 15 to 20 percent power would be lost.


How Sustainability Has Expanded the CFO’s Role - E&Y Report

Ernst & Young says the CFO should stay on top of three critical areas: investor relations, external reporting and assurance, and operational controllership and financial risk management.

Investor relations
Investors are considering the sustainability rankings of the companies in which they invest. Shareholder voting patterns provide convincing evidence of investors’ belief that a company’s social and environmental policies correlate strongly with its financial performance. Credit-rating agencies, such as Moody’s and Standard & Poor’s, now want to know about companies’ sustainability practices. So do the more specialized providers of sustainability ratings, such as the Dow Jones Sustainability Indexes (DJSI).

External reporting and assurance
Customers increasingly want to know that a company’s distribution model has a low carbon footprint; that its procurement policies take “fair trade” issues into account; and that its supply chain uses alternative energy sources.

Third-party assurance mitigates the risk of misstatements associated with sustainability reporting and sends a message that reports are relevant, reliable and free from bias. This is where the CFO’s perspective becomes important. Most CFOs have vast experience in the world of third-party assurance providers.

Operational control and financial risk management
In February 2010, the SEC issued guidance to companies regarding their responsibility to disclose material risks related to climate change. The guidance notes that a company’s CEO and CFO must certify that the company has installed “controls and procedures” enabling it to discharge its climate change disclosure responsibilities. In other words, sustainability has found its way into the realm of controllership and financial risk management.

Five actions
Ernst & Young suggests specific CFO “actions to consider” in each of the above critical areas, and concludes by recommending five overall action items, briefly:
  1. Actively pursue a sustainability and reporting program.
  2. Ensure that those responsible for sustainability matters do not operate in isolation from the rest of the enterprise — especially the finance function.
  3. Enhance dialogue with shareholders and improve disclosure in key areas, particularly those related to social and environmental issues.
  4. Ensure that directors’ skills are relevant to the chief areas of stakeholder concern, including risk management tied to social and environmental matters.
  5. Consider using nontraditional performance metrics, including those related to environmental/sustainability issues. In addition to financial metrics, performance goals should align with overall environmental strategy, including clearly defined metrics relating to energy efficiency, water usage and the reduction of carbon emissions. Doing so could help align compensation with risk.
Read full report on the EY website

Tropical Storm Katia has formed near Cape Verde Islands: U.S. National Hurricane Center


Tropical Storm Katia has formed near Cape Verde Islands. It has formed 535 miles west-southwest of the Cape Verde Islands. The U.S. National Hurricane Center has said this can later form into a hurricane. At present it has winds up to 40 mph. 

Hurricane Irene left a trail of destruction as it travelled form Caribbean to New England across the east coast of North America.


Hurricane Irene killed about 40 people. The path of the hurricane was from Caribbean to New England. 8 million homes were out of power in the East Coast where the hurricane left a trail of destruction. The estimated damage stood at about $2.8 billion. The tobacco crop in North Carolina may have suffered extensive damage.  North Carolina produces about $750 million worth of tobacco.

International Energy Agency has forecasted that by 2060 solar power would be a major source of power for the world.

International Energy Agency has forecasted that in the next 50 years solar power would be a major source of power for the world. IT could very well be the largest source of power. By the year 2060 solar power could provide half of the power and the rest could be through wind, hydropower and other renewable sources of energy. This is much above the earlier forecast by IEA which had said that by 2050 about 21% of the energy would come from such sources.

United Nations has not allowed Romania to trade its excess carbon Environment Minister Laszlo Borbely replaces Iosif Nagy with Abos Gabor


United Nations has not allowed Romania to trade its excess carbon. This decision led to the resignation of head of Romania’s Environment Protection Agency Iosif Nagy. The Agency was responsible for all the processes that would have ensured that Romania got the permits. Environment Minister Laszlo Borbely said that Abos Gabor would be the new head of the agency. The country lost the rights to sell excess carbon permits after the agency failed to report the country’s greenhouse gas emissions correctly.

Kaisa Cripps Holloway who is the Manager of Sustainability reporting at EMC Corp discusses the same

EMC has made sustainability reporting as one of its top priorities. In this Video Kaisa Cripps Holloway who is the Manager of Sustainability reporting at EMC Corp discusses the same.

Monday, August 29, 2011

Tidal power plant near the coast of Ansan City in South Korea


The first tidal power plant in South Korea has begun operations. There was a trial run on 3rd August. The plant has a capacity of 254 megawatts. It is located near the coast of Ansan City. The country will save about $88 million on fuel imports every year. The country will also cut GHG emission by 315 metric tons every year.

China based Xinjiang Goldwind Science & Technology Co. maker of wind turbines declared a drop in profits


Xinjiang Goldwind Science & Technology Co. is based out of China. It is the second largest wind – turbine maker in China. The profits in the first half of the year have declined by 45%. This has resulted in drop in share prices. Share prices have dropped about 13 % in the Hong Kong trading.

Niestetal, Germany based SMA Solar Technology it looking to expand in Asian countries like India with a manufacturing base


SMA Solar Technology is the largest German solar firm. The firm is based out of Niestetal. It is planning to have a manufacturing set up in Asia. Asia is becoming an attractive destination for solar power market. The company is looking to expand into countries like India by having a manufacturing base. The company has plants in Germany, Denver and Ontario Canada.

U.S. producers of polysilicon and manufacturers of solar equipments see a rise in exports


China saw an increase in production of solar products. Due to this U.S. also saw a rise in exports of manufacturing equipments and raw materials. The exports rose to $5.63 billion. MEMC Electronic Materials Inc. (WFR) and Hemlock Semiconductor Corp. exported about $2.5 billion of polysilicon. Polysilicon which is the major component in making solar cells.

Iberdrola SA of Spain may not buy additional stake in EDP-Energias de Portugal SA according to Iberdrola Chairman Ignacio Sanchez Galan


Iberdrola SA is a power utility firm. It is Spain’s largest utility firm. It holds about 6.8 percent of EDP-Energias de Portugal SA. Individual investors can now own as much as 20% of the company. Portuguese government is planning to sell about 20.9% of the stock. There were lots of rumors that Iberdrola may buy the stocks however Iberdrola Chairman Ignacio Sanchez Galan has said that the company believes in organic growth.

Wrigley has implemented Space and Category Management solution from JDA.


Wrigley has implemented Space and Category Management solution from JDA. These products will help companies to manage large volumes of movement and placement of goods in a retail facility. It could be planograms, fixtures, floor plants, performance information, store data etc. The organization has now faster access to reports, which helps the company to look into performance and trends. The visibility across the supply chain has increased a lot.

Goya the food company has implemented JDA’s solution: demand management, fulfillment and order optimization


Goya the food company has implemented JDA’s solutions. They are using the demand management, fulfillment and order optimization. Goya has been operating since 1936. They have a very unique supply chain where in they generally supply to neighborhood markets. The demand and classification suite of products were extremely useful. The classification helps them to do targeted forecasting. Previously they would experience about 5% stock out but now the stock out has reduced to only 2%. They have also implemented a integrated planning process which has helped the organization to work towards single unified forecast and inventory numbers.This has helped the company to reduce waste.

Japanese rare-earth buyers like Hitachi Metals are looking for alternative supplies after China placed constraints on exports

Japanese rare-earth buyers are facing shortage of supplies. China has placed constraints on exports for rare-earth materials. This has led to increase in prices to almost three times since May. Rare-Earth materials are used in missiles, hybrid cars etc. As the price rise it hurts the companies like Hitachi Metals. These companies are now looking for alternative sources.

Greed and irrational behavior is difficult to predict and cannot probably make a sustainable capital market


The recent stock market volatility is bound to remain for near future. And the fluctuations in the stock market are probably going to be higher compared to what the data shows. Stock market have a inbuilt mechanism to value share prices based on financial analysis but also a lot on what people think. The people are in a confused state of mind with little positive signals they move in fast to cash in. They think if I don’t buy now probably I will miss the next big Bull Run. With little negative signals they just withdraw fearing the worst. Greed and irrational behavior is difficult to predict and cannot probably make a sustainable capital market. All economic theories and statistical model are based on the fact that people are rational beings, but this is irrationality to the extreme. We are probably killing the golden goose for quick gains.

10 Types of Companies that Consume the Most Electricity

The United States has a voracious appetite for power. Electric power, that is. We use incredible amounts of electricity to power our lives, giving us everything from our morning coffee to our heated blankets at night. The sources of our electric power vary, from coal to petroleum to solar and to others, but it is not enough as demand increases every year. People are often surprised to learn just how much power is used to generate other power. Some of the biggest users are listed here, but note how many of them overlap.

  1. Chemicals – Fertilizers and pesticides are among the main processed-chemicals that require huge amounts of power to produce and transport.
  2. Petroleum – The U.S. refines nearly a quarter of all the world’s crude oil at nearly 150 refineries across the country, and these refineries consume incredible amounts of power.
  3. Paper Industry – The United States would be lost without paper products, and is the world’s leading producer of paper, another industry that is energy-intensive.
  4. All that Glitters – All that glitters may not be gold, but America is one of the global leaders in the production of cast-metal, the industry that brings us such life-staples as cookware and faux Christmas trees.
  5. Planes, Trains and Automobiles. . . – . . .and trucks and buses and ships, et.al. The transportation industry uses more than 25% of all the energy produced in the country, and waning supplies of fossil fuels have necessitated an accelerated changeover to alternative fuel sources, including electricity.
  6. Heating, Ventilation and Cooling – The heating, ventilation and cooling (HVAC) industry used to involve nothing more than fireplaces, blocks of ice and strategically placed doors, windows and porches, but today’s industry requires large amounts of power on a national scale.
  7. Appliances – We like our clothes kept clean, and we like our food kept cold until we cook it in our self-cleaning ovens, and the appliances we use to attain these goals use up a lot of power to make and to use.
  8. Electronics – Televisions, computers, track-lights, alarm systems and hundreds of other devices fill our domestic world, and every blinking little red light means power is being used.
  9. Commercial Buildings – A store or warehouse uses a lot of electricity whether it is open or not, and most other commercial buildings require significant amounts of power to heat, cool and secure.
  10. Construction Industry – Even during construction slowdowns the industry consumes power at a great rate, and industry up-ticks use even more power as more projects are generated.


Electric energy is generated from many sources, and it is our responsibility to generate that power in the most socially conscious manner.

http://compareelectricityrates.com/blog/2011/10-types-of-companies-that-consume-the-most-electricity/

Contributed By: Katherine Tworsey

Linc Group has installed electric vehicle charging stations in Southern California which were inaugurated by South Coast Air Quality Management District


Linc Group has installed electric vehicle charging stations. The charging stations are located in Southern California. The stations have been commissioned by regional air pollution control agency the South Coast Air Quality Management District. An iPhone application has also been developed to locate the charing stations.

Practice Greenhealth initiates Greening the Supply Chain program for the Health Industry.

Health Industry has come up with tools for the industry. This will ensure the supply of environmentally preferred products for the consumers. The initiative is known as Greening the Supply Chain. It also includes the suppliers and manufacturers. This has been initiated by Practice Greenhealth which is a association with focus on sustainability. This will affect the whole sector and make them aware of the environmentally friendly practices.

Prominent Panel of Authors who have contributed articles for Sustain2Green

Prominent Panel of Authors who have contributed articles for Sustain2Green
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Rajendra Shende 
Chairman, TERRE Policy Center
Former Director,United Nations Environment Programme ( UNEP )
Division of Technology, Industry and Economics, Paris, France.




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Jami Hossain 
Chief Mentor & Co-founder Windforce
Currently on the National Council of Indian Wind Power Association , 
Governing Council of Indian Wind Energy Association 
and Treasurer of World Wind Energy Association .







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Ashutosh Pandey
Chief Executive Officer,
Advisory Services,
Emergent Ventures (EVI)




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Atul Bagai
Senior Regional Coordinator,
Compliance Assistance Programme,
OzonAction Programme,
UNEP Regional Office for Asia and Pacific UN Building, Rajdamnern Nok Avenue Bangkok 10200


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Omar Malik
CEO
Carbon Services Pakistan






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Saurabh Kumar
Programme Officer
Compliance Assistance Programme
OzonAction Programme
UNEP Regional Office for Asia and Pacific UN Building, Rajdamnern Nok Avenue Bangkok


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Sanjay Dube
Vice President,
Sustainability and Climate Value Advisory,
Emergent Ventures (EVI)




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Prof. (Dr) S P Mukhopadhyay

Formerly Associate Prof. IIT Kharagpur,


Vice President,
Bengal Ambuja Housing development Ltd. 




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Dr. Sudip Banerjee
Consultant Chest Physician (MD).




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  Pankaj Arora
  Sustainability Consultant and Blog writer
  linkingsustainability.com








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Sunday, August 28, 2011

Aquatech has developed MoVap wastewater treatment solution used in shale gas field in Masontown, Pennsylvania and meets the requirements of National Pollutant Discharge Elimination System (NPDES)

Aquatech is a wastewater recycler. It has developed the MoVap wastewater treatment solution. The solution is being used in shale gas field in the town of Masontown, Pennsylvania. It can treat waste water which can be pushed back into the environment. It also meets the requirement of National Pollutant Discharge Elimination System (NPDES).

GREENGUARD Environmental Institute has come up with a formaldehyde verification process for products


Formaldehyde has been found to be carcinogenic. Consumers are increasingly becoming aware of the harmful effects of the chemical. They want a method to determine if the product contains formaldehyde or emits it. GREENGUARD Environmental Institute has come up with a method to carry out this verification. They will provide this service to the manufactures.

GE has designed Waukesha APG1000 which can run various biogas like than from landfill, wastewater etc.

GE has designed a new gas engine. It has a capacity of 1 megawatt. It can use various kinds of biogas like that from landfill, wastewater plants and agricultural waste. The engine is known as Waukesha APG1000. The engines was made after extensive work on R&D and redesign on the engine parts. It can handle more fluctuations on thermal parameters of the biogas.

New Energy Technologies has come up with a prototype of a Solar Window


New Energy Technologies has been trying to build a Solar Window. It will have see through features and it can also generate electricity. The company says that it has been able to build the first prototype. The new coatings developed can generate more electricity. It also enhances its color features which will make it more acceptable to consumers.

Archer Daniels Midland Company is building a plant for capturing carbon dioxide with the help from U.S. Department of Energy’s Office of Fossil Energy at Decatur, Illinois.

Archer Daniels Midland Company is building a ethanol plant. The construction activities have begun for the plant. The plant will be able to capture and store 1 million tons of carbon dioxide every year. Funds for the project have come from U.S. Department of Energy’s Office of Fossil Energy. American Recovery and Reinvestment Act has been instrumental in the project. The plant is located in Decatur, Illinois. It has the capacity to capture 2500 metric tons of carbon dioxide every day.
http://www.wikio.co.uk