Tuesday, January 31, 2012

Chevrolet is planning to use the Ecologic environmental label for its cars which are to be sold in United States and certified by Two Tomorrows


Chevrolet is planning to use the Ecologic environmental label for its cars which are to be sold in United States. The information on the label will be audited by a sustainability agency Two Tomorrows and it will carry information about the various environmental aspects. It would also have information on assembly, aerodynamics etc.

Varian Medical Systems manufactures is implementing SAP Environment, Health, and Safety Management application and the SAP Product Life Cycle Management application


Varian Medical Systems manufactures medical devices and software. It is a $2.6 billion organization. The company is implementing sustainability related products from SAP which are known as the SAP Environment, Health, and Safety Management application and the SAP Product Life Cycle Management application. This will help the company to reduce its time to make engineering changes in its products from 18 days to 5 days. 

Fluepac products from Calgon Carbon Corporation reduces carbon injection rates and improves mercury removal which will help coal based power plants to comply with EPA’s Mercury and Air Toxics Standards


Calgon Carbon Corporation has launched the improved version of the Fluepac products. These products helps in controlling the emissions of mercury in the coal-fired power plants. The new products are named as  Fluepac MC+ Ultra, Fluepac MC Maxx and Fluepac ST. These have superior performance and reduces carbon injection rates and mercury removal requirements. This will help power plants to comply with EPA’s Mercury and Air Toxics Standards.

Energy Live News ( ELN ) interview Ian Buckle who is an energy manager talks about hospital energy management


In this video from Energy Live News ( ELN ) interview Ian Buckle who is an energy manager talks about hospital energy management.



Nordic region based NCC Group decides to use energy and sustainability management system CA ecoSoftware from CA Technologies


NCC Group is a construction and property development firm. It is based out of the Nordic region. The company is planning to use the energy and sustainability management system CA ecoSoftware from CA Technologies. This will help the company to do carbon reporting and also lower its emissions.

Constellation Energy will provide the load response programs to the customers of the real-time irrigation management company PureSense Environmental to reduce their energy usage


Constellation Energy  has joined hands with PureSense Environmental. Under the agreement  Constellation Energy will provide the load response programs to the customers of PureSense Environmental who are primarily growers. PureSense Environmental is a real-time irrigation management company. This will help the growers to reduce their energy use. 

DistribuTECH conference was held in San Antonio where Honeywell and SSE announced a smart grid project as a part of the £30 Sterling New Thames Valley Vision project


DistribuTECH conference was held in San Antonio. In the conference Honeywell and SSE ( utility firm ) announced that they will start a smart grid project. The full scale project will connect industrial and commercial buildings in the Thames Valley area west of London. This project will be part of the £30 Sterling New Thames Valley Vision project. This project was awarded  by Ofgem to Scottish and Southern Energy Power Distribution.

Bloomberg New Energy Finance has analyzed that the purchase of wind turbines has declined by 18%


Bloomberg New Energy Finance has analyzed that the purchase of wind turbines has declined by 18%. It also forecasted that the level of sales achieved in 2011 won’t be there for the next five years. Wind energy companies like Sinovel Wind Group Co. are seeing their profits declining and margins squeezing. 

Aarhus, Denmark based Vestas Wind Systems A/S has won an order from China for a wind turbine which can work in low wind speed


Vestas Wind Systems A/S  has won an order from China for a wind turbine. The company is based out of Aarhus, Denmark. This wind turbine operates at low speeds. The share price of the organization rose. The share rose by almost 4 % in Copenhagen. 

Companies have tried to implement sustainability and few of them have been successful in bring a culture revolving around it


Companies have tried to implement sustainability and few of them have been successful in bring a culture revolving around it. The following are the key action items to make an organization culture revolving around sustainability:
  • There should be buy in and commitment form the top management
  • There should be a strong internal educational process around sustainability
  • There should be a process around communication of progress, challenges to the internal and the external stakeholders
  • Measurement and dashboard should be there to help the organization 

"Step By Step" outline of how Install Duracool 12a® Refrigerant using the Duracool® Universal Recharge Kit

"Step By Step" outline of how Install Duracool 12a® Refrigerant using the Duracool® Universal Recharge Kit - Complete instructions are included with Duracools® Universal Recharge Kit, these instructions are to be read and followed before any work on a vehicle is done. This quick start guide has been provided to help explain the steps involved to install Duracool 12a® Refrigerant… Learn more >>> http://bit.ly/x3sqmj From: OzoNews.

Ukrain based TOV Vetrianye Parki Ukrainy is building a wind power plant in Crimea


TOV Vetrianye Parki Ukrainy is based out of Ukrain. It is an energy company. The company is building a wind power plant in Crimea. This was disclosed by the Fuel, Energy and Innovation Department. The plant will cost $1.3 billion.

Aberdeen Asset Management Plc , Standard Life Investments, Baillie Gifford & Co., Kames Capital, Martin Currie Investment Management Ltd. and Artemis Investment Management LLP want Green Investment Bank in Edinburgh


Aberdeen Asset Management Plc , Standard Life Investments, Baillie Gifford & Co., Kames Capital, Martin Currie Investment Management Ltd. and Artemis Investment Management LLP are financial power houses and are based out of Edinburgh Scotland. These firms have told the government in U.K. that they should try to house the Green Investment Bank in Edinburgh.

Monday, January 30, 2012

Will solar radiation measure up to expectations?



The mega plan for solar power generation in India envisaged under the Jawaharlal Nehru National Solar Mission (JNNSM) and various State Solar Policies, calls for reliable & bankable solar radiation data in order to establish plant performance and project economics. The large-scale solar parks coming up in Gujarat and Rajasthan in association with the Clinton Climate Initiative further intensify the pressing need of bankable solar data.
The overall power generation and the Capacity Utilization Factor (CUF) of Solar PV plants and Solar Thermal plants depend on Global Horizontal Irradiance[1] (GHI) and Direct Normal Irradiance[2] (DNI) respectively. Thus, it is critical to have reliable data around solar radiation while conceptualizing a solar power project. The reliability of solar resource data also impacts the lender’s assessment of these projects and affects their overall bankability.


In order support and accelerate the development & planning upcoming projects, EVI has established a state-of-the-art Solar Radiation and Meteorological Parameters monitoring station in the upcoming Rajasthan Solar Park in Jodhpur. This station will support the solar power projects by being source of an independent, third party data set. The station has following features:

ü  Installed equipments are in accordance with the guidelines from World Meteorological Organization (WMO) for a reference grade station.
ü  Station is manned to ensure regular cleaning & maintenance thereby ensuring accurate data measurement.
ü  24X7 security by ex-army personnel to ensure station safety and security
ü  Following parameters are being measured at the station:
·       Global Horizontal Irradiance (GHI)
·       Direct Normal Irradiance (DNI)
·       Diffuse Horizontal Irradiance[3] (DHI)
·       Ambient Temperature
·       Atmospheric Pressure
·       Relative Humidity
·       Rainfall
·       Wind Speed & Direction



We understand that in Wind Industry at least one year site specific studies are required for generating bankable data-sets. Therefore for Solar it is quite plausible that banks might not accept weather model generated data-sets only and may want ground measured data as well.

Therefore, in addition to undertaking ground measurements, EVI has partnered with US based global weather resouce assessment firm 3TIER to provide the industry with long-term hourly time series data based on combined approach of ground-based and satellite data.


At present , there are various sources of satellite based observation data - some of which are being used without comparision to ground observations to develop solar projects. Recent evidence from ground observations and production from commissioned projects in Rajasthan suggest that GHI estimates from satellite are good but DNI is over-stated. We strongly suggest project developers and financial institutions NOT to get misleaded by satellite data alone for designing solar projects and rather use combination of ground observations along with satellite data for the purpose.

Subscription to the ground measured data from EVI’s monitoring station and the Solar Resource Assessment report produced in partnership with 3TIER are available for project developers. Please contact Rahul Gaba (
rahul.gaba@emergent-ventures.com) at EVI for further information in this regard.




[1] GHI is the total amount of solar radiation per unit area that is intercepted by a flat, horizontal surface. It includes both direct beam radiation (radiation that comes from the direction of the sun) and diffuse radiation (radiation that has been scattered by the atmosphere and which comes from all directions of the sky).
[2] DNI is the amount of direct beam solar radiation per unit area that is intercepted by a flat surface that is at all times pointed in the direction of the sun.
[3] DHI is the amount of radiation received per unit area by a surface (not subject to any shade or shadow) that does not arrive on a direct path from the sun, but has been scattered by molecules and particles in the atmosphere and comes equally from all directions.


Key words: DHI, DNI, GHI, Jodhpur Solar Park, Phalodi Solar, Radiation Data India, Rajasthan Solar Park, Solar Radiation India

General Electric Co. is building a wind power plant at Ngong, Kenya


General Electric Co. is building a wind power plant at Ngong, Kenya. The wind power plant will have a capacity of 150 megawatt. This was disclosed by Kenya’s Prime Minister Raila Odinga in Nairobi. 

ABB Ltd. is acquiring Thomas & Betts Corp to expand its North American distribution network


ABB Ltd.  is acquiring Thomas & Betts Corp. The deal is valued at $3.9 billion. This will help the world’s largest power-distribution equipment manufacturer to expand its  North American distribution network. It will also add to the revenue numbers. 

Shares of Energy Development Corp. based out of Philippines’ and is the country’s largest geothermal company , dropped


Energy Development Corp. is based out of Philippines’ and is the country’s largest geothermal company. The shares of Energy Development Corp. has dropped after it said that the repair at the BacMan plant complex will take longer. The drop in share price was about 10%. 

China based wind turbine maker Sinovel Wind Group Co. is expecting a drop in profit


Sinovel Wind Group Co. is based  out China. It is the biggest wind turbine maker in China. The company is expecting that its profit would drop by 50%. Due to competition the margins are low and prices have also dipped. The uncertainty in the world economy has also delayed some projects that the company was expecting to bag. 

Copenhagen based Vestas Wind Systems A/S is discussing the performance of CEO Ditlev Engel


It is believed that the board members and management team members of Vestas Wind Systems A/S have met to discuss the performance of the Chief Executive Officer Ditlev Engel. Engel has not attended the meetings. Vestas Wind Systems A/S is based out of Copenhagen and has recently undergone a organization restructuring and has cut workforce. Deputy Chairman Torsten Erik Rasmussen and other management team members have attended the meeting. 

This video shows the sustainability model for NatureBake’s Oregon Grains bread. They use locally grown and processed ingredients.


This video shows the sustainability model for NatureBake’s Oregon Grains bread. They use locally grown and processed ingredients.

Indian Energy Ltd. has joined hands with Trishe Developers Pvt. to develop 1000 megawatts of wind farms in India


Indian Energy Ltd. has joined hands with Trishe Developers Pvt. to develop wind power in India. They have plans to develop about 1000 megawatts of wind farms in the country. India is trying to build up momentum in renewable energy production. 

The U.S. Commerce Department has delayed its decision on levying additional tariffs on solar products being imported from China in a complaint filed by SolarWorld and Coalition for American Solar Manufacturing


The U.S. Commerce Department has delayed its decision on levying additional tariffs on solar products being imported from China. This will allow the commerce department to investigate and find out if there is enough evidence and substance to levy the tariffs. Coalition for American Solar Manufacturing has issued a statement by Gordon Brinser, the president of SolarWorld AG that this will give more time to the Commerce department to do their analysis. 

Sustain2Green: Sustainability and Green Initiatives Newsletter 30 Jan 2012


Sustain2Green

30 Jan 2012
Newsletter No.13
Making a sustainable impact…

Category: Environment

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Copyright © 2012 Sustain2Green. All rights reserved
( By Rajendra Shende, Chairman, TERRE Policy Center and Former Director UNEP )
Casale Monferrato, Italy, December 2012. The day Durban meeting on Climate Change ended, a Chinese delegation from the Ministry of the Environment (MEP), Universities and the Chinese Industry Association planned the action to address climate change and ozone layer protection., in the  Refrigeration and Air conditioning capital of Italy, Casale Monferrato.
The Chinese mission, held at the Headquarters of Centro Studi Galileo was part of a project organised by GIZ, Proklima aimed at promoting new energy saving technology and environmental protection in refrigeration, air conditioning and heat pumps, as part of HCFCs (Hydrochlorofluorocarbons). Read More…..
Category: Regulation, Environment
( By Rajendra Shende, Chairman, TERRE Policy Center and Former Director UNEP )
Methyl Bromide factory in their own country was literally bombed and destroyed by North Korea. “Our Dear leader Comrade Kim Jong Il took the decision of destroying the Methyl Bromide production facility of our Sinhung Chemical Complex. The Dear Leader said that the facility should be destroyed immediately by exploding it. His decision was based on the fact that Methyl Bromide is dangerous to the Ozone Layer and is extremely harmful for our health, ” Director General of the Shinhung Chemical complex near city of Wonson on the East coast of North Korea was explaining to me. We were standing in front of the destroyed facility of Methyl Bromide that I was visiting in late 1990s. The facility was small part of the huge chemical complex. Read More…..
Category: Regulation, UN Durban Talks
( By Rajendra Shende, Chairman, TERRE Policy Center and Former Director UNEP )
The world of today can best be described as a  “virtual-world”!  We engage in almost every thing virtual.  Virtual-conferences, virtual-exhibitions and even virtual-universities!  Even the huge amount of real data is stored in virtual cloud, now called as  ‘iCloud’. Steve Jobs gave us this virtual platform before his departure from this world. Read More…..

Category: Economics, Energy
Southeast Asia as a region is blessed with abundant natural resources to lead the way in power generation from renewable sources. Home to some of the most dynamic developing countries, the energy demand in the region is soaring. Rapid economic growth clubbed with concerns on energy security has ensured natural progression to renewable sources of energy- hydro, biomass, geothermal, hydro and solar.
Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam comprise about 95% of the energy consumption in the region. With most of these countries out with their national renewable energy targets, policy support in place and pilot projects implemented successfully, the stage is finally set for large scale implementation of projects. Read More…..

If you are interested to contribute or wish to provide feedback:
Making a Sustainable Impact…..

Merger and Acquisitions in Renewable energy sector rose by 40%, revealed in a survey done by PwC.


Merger and Acquisitions in Renewable energy sector rose by 40%. This was revealed in a survey done by PwC. This means that the sector has overcome the uncertainty in the European  union due to the debt crisis. In 2010 deal worth over $38.2 billion were done and in 2011 deals worth over 53.5 billion were done in solar, wind biofuels etc.  

Whats the deal with Green Jobs

http://mashable.com/2012/01/28/green-jobs-infographic/

If you’re looking for a new job, but you’re also a friend of the environment, there could be a perfect position for you in the tech sector. More than ever before, tech companies are committed to sustainability — they’re developing greener devices, increasing the life cycle of products and developing meaningful partnerships. In fact, seven of the top 10 green companies are in the tech sector, and IBM leads the way, with a greenscore of 82.5%.

This year, there will be more than 3 million green jobs in America, helping the “green economy” surge past the “regular economy.” Another benefit of going green in the job hunt? It can also bring you more green — wages are 13% higher for green jobs than for the average American job.

Take a look at the green profiles of IBM, Apple, Google, Dell, Nokia, HP and Microsoft, and check out the other stats in the infographic below, produced by JobVine.

Sunday, January 29, 2012

Global Reporting Initiative ( GRI ) has released the guide which will help event organizers like Olympics to meet their sustainability targets


The Global Reporting Initiative ( GRI ) has released the guide which will help event organizers to meet their sustainability targets. These guidance can be used for cultural events, and mega events like Olympics. 

The annual Sustainability & Innovation Global Executive Study has been published by MIT Sloan Management Review and The Boston Consulting Group


The annual Sustainability & Innovation Global Executive Study has been published by MIT Sloan Management Review and The Boston Consulting Group. According to the study about two- third of corporate leaders felt that the focus and investment on sustainability has increased in 2011 when compared to 2010. 

Green Roof Technology has been able to integrate solar power into green roof through its product Sun-Root


Green Roof Technology has been able to integrate solar power into green roof. This will help people to create cool climate along with a roof which is capable of producing solar power. The product is known as Sun-Root product and is produced by its division Green Roof Service.

National Trust for Historic Preservation has published a report The Greenest building: Quantifying the Environmental Value of Building Reuse


National Trust for Historic Preservation has published a report The Greenest building: Quantifying the Environmental Value of Building Reuse. According to the report renovating an existing building is more environmentally friendly compared to building a new structure. 

Energy efficiency windows of a neighbors building was melting the plastic parts of the hybrid Toyota Prius


This is one of the strangest things that I have heard. Energy efficient winds have been found to have melted cars. Recently Heather Patron of Studio City, California found that a energy efficiency windows of a neighbors building was melting the plastic parts of their hybrid Toyota Prius.

The International Code Council and Delmar have released a guide known as Green Building: A Professional’s Guide to Concepts, Codes and Innovation which references the 2012 International Green Construction Code (IgCC)


The International Code Council and Delmar have released a guide for the construction industry. The guide is known as Green Building: A Professional’s Guide to Concepts, Codes and Innovation. The guide references the 2012 International Green Construction Code (IgCC). It covers design, standards, regulatory process etc. 

Retail Industry Leaders Association ( RILA ) has released the first Retail Sustainability Report


Retail Industry Leaders Association ( RILA )  has released the first Retail Sustainability Report. Retailers have been now more inclined on smaller stores, warehouses and distribution centers. This will reduce costs and energy related expenses. 

Epicor Software Corporation has done a survey on how companies are progressing on various carbon related initiatives to meet the regulatory requirements


Epicor Software Corporation has done a survey on how companies are progressing on various carbon related initiatives to meet the regulatory requirements. According to the survey most of the companies are lagging behind schedule. Even in countries where there is a cost attached to carbon about 58% of the companies have not heard about carbon accounting. 

Tarlton Properties which is located in Menlo Park California has asked Progressive Lighting & Energy Solutions to take up the energy efficiency improvement project


Tarlton Properties which is located in Menlo Park California has asked Progressive Lighting & Energy Solutions to take up the energy efficiency improvement project. As a part of the project they will install building efficiency controls. They will also replace the old lights with energy efficiency lights. 

President Barack Obama was addressing State of the Union when he said that he would encourage incentives being given to the manufacturers for making energy efficiency improvements in their plants


President Barack Obama was addressing State of the Union when he said that he would encourage incentives being given to the manufacturers for making energy efficiency improvements in their plants. This will be save the organizations about $100 billion in the next decade. 

PowerSecure International has launched a new generator system PowerBlock proprietary generator system, which is Tier 4 Interim emissions compliant


PowerSecure International has launched a new generator system which is Tier 4 Interim emissions compliant. This is a new version of the PowerBlock proprietary generator system. It runs  on a combination of natural gas and diesel fuel. 

PPG Industries has unveiled a new product Sungate 600 glass. This is a passive, low-emissivity glass. This will help homes in colder regions to retain heat


PPG Industries has unveiled a new product Sungate 600 glass. This is a passive, low-emissivity glass. This will help homes in colder regions to retain heat. The glass has a pyrolitic coating. This is bonded with the glass while it is still molten.

Saturday, January 28, 2012

, Media at TerraCycle, Inc. is a company which converts waste materials into eco-friendly products. This video shows at the in-store recycling program of the company.


Albe Zakes is the Global VP, Media at TerraCycle, Inc. Global VP, Media at TerraCycle, Inc. is a company which converts waste materials into eco-friendly products. This video shows at the in-store recycling program of the company. 

Novo Nordisk and Natura Cosmeticos gets the top two rankings in the annual Global 100 rankings of leaders in sustainability by Corporate Knights magazine


Corporate Knights magazine has released the annual Global 100 rankings of leaders in sustainability. The rankings was topped by Novo Nordisk. Novo Nordisk is a Danish company. The second company was Natura Cosmeticos based out of Brazil. 

Fuel Cells are like back boxes which cannot be opened for repairs or maintenance


Fuel Cells are like back boxes which cannot be opened for repairs or maintenance. They can be turned off or on but since they cannot be opened it poses serious risk to the organization. They have to buy Warranties and service contracts so that they are serviced by the companies. 

Brazil’s customs officials intercepted hospital waste from U.S. which was being bought into the country illegally at the port of Suape in the northeastern state of Pernambuco


Brazil’s customs officials intercepted hospital waste from U.S. which was being bought into the country illegally. The waste was confiscated at the port of Suape in the northeastern state of Pernambuco. The waste contained syringes, bedding, hospital masks and tubes.

C3 has released the version three of its Energy and Emissions Management software which can be deployed on cloud or on-premise


C3 has released the version three of its Energy and Emissions Management software. The latest version of the software is an integrated application it can manage energy related aspects and also sustainability related issues. The software is based on web based architecture. It can be deployed on cloud or on –premise application. 

In International Air Conditioning, Heating and Refrigeration Expo in Chicago LG Electronics said that it has improved the HAVAC products


LG Electronics has improved the HAVAC products. It has improved energy efficiency of the products. It made an announcement regarding this in the International Air Conditioning, Heating and Refrigeration Expo in Chicago.  Integrated Energy Efficient Ratio  of the products are up to 21.8.

In the year 2011 Honda has been able to cut CO2 emissions from power equipment production by 20%.


In the year 2011 Honda has been able to cut CO2 emissions from power equipment production by 20%. This was its target and it has been able to cut it. When compared with the 2000 levels the drop has been 27.2 %. It has already met its four targets regarding CO2 emissions in 2010. 

Chinese solar panel manufacturers, LDK Solar Co. , Suntech Power Holdings Co. and Trina Solar Ltd. said they would double thier solar installations this year.

Chinese solar panel manufacturers said they would double thier solar installations this year. The stocks of the Chinese solar companies rose in trading in the U.S. stock market. Most of the companies said that they are going to double their solar installations as teh Chinese government is very aggresivley pushin solar energy.LDK Solar Co. , Suntech Power Holdings Co. and Trina Solar Ltd. stock prices rose.

NextEra Energy Inc. may acquire renewable energy assets if U.S. policies are clear

NextEra Energy Inc. may acquire renewable energy assets. It is waiting for an opportune moment. The Chief Financial officer of the company Moray Dewhurst said that if the U.S. policies on renewable enrgy is clear owners and developers of renewable energy projects may be willing to sell their stake.

The Environmental Protection Agency ( EPA ) has said that biodeisel made from palm oil doesn't meet the requirements

The Environmental Protection Agency ( EPA ) has said that biodeisel made from palm oil doesn't meet the requirements. The agency said that the emission from the biodiesel made from plam oils is too high. Palm oil is produced in primarily in Malaysia and Indonesia.

Spain has stopped the subsidies for renewable energy. The objective is to reduce the budget deficit.

Spain has stopped the subsidies for renewable energy. The objective is to reduce the budget deficit. The borrowings by the power systems reached 24 billion euros or $31 billion. Teh government has passed the decree. This will stop subsidies for wind, solar or energy from waste plants. In Madrid industry Minister Jose Manuel Soria said that unless precautions are taken economy problem could spill over.

Invitation to Refrigerant Launch and Establishment of three R&R Centres (Grenada)


(1) The National Ozone Unit in conjunction with the Grenada Refrigeration, Air-conditioning and Ventilating Association (GRAVA) will be establishing three more Recovery and Recycling Centres for technicians. This would bring the number to 20 R&R Centres established across the island to make available equipment for recovery and re-use of refrigerants.
The equipment for these centres will be distributed on Saturday January 28th, 2012 at the Spiceland Mall Car Park from 10:00 a.m. The new R&R Centres would be established in Grenville, St. David's and the sister isle, Carriacou.
(2) The National Ozone Unit will also be co-operating with a local supplier of refrigeration and air-conditioning equipment in the launch of their new line of Hydrocarbon refrigerants. SNJ Electrical, is now the OECS distributor for Duracool (Hydrocarbon) Refrigerants. This new line of HC refrigerants is already available for purchase in Grenada and will be launched on the same day - Saturday January 28th, 2012 at the Spiceland Car Park.
As part of the launch activities, SNJ Electriacal in collaboration with GRAVA will be staging a Product Demonstration - retrofitting cars, SUVs and buses from R-134a to Duracool refrigerants. Manager of SNJ Electrical Mr. Daniel Baldeau will be leading by example and will have his SUV converted to use the Duracool product. Already Duracool is being used in some small AC appliances and the performance results will be highlighted at the event.
An invitation is extended to all interested persons to attend. Refreshments will be provided.
Contact: Leslie Smith, National Ozone Unit, Grenada,

Friday, January 27, 2012

Chinese firms like Trina Solar Ltd. strongly deny charges on increased sales in end of 2011 to evade duties


Trina Solar Ltd. is a Chinese firm. It makes crystalline silicon panels. Some firms like SolarWorld has charged the Chinese firms that they have increased sales of solar cells in U.S. during the end of 2011. This helped them to evade possible duties. The Chinese firms strongly deny the charges. 

Tokyo Electric Power Co. ( TEPCO ) has started the operations in Japan’s Yamanashi prefecture


Tokyo Electric Power Co. ( TEPCO ) has started the operations in Japan’s Yamanashi prefecture. The solar plant has a capacity of 10 megawatts and it is near Tokyo. 

Price of Palm oil which is used in biofuels may drop in the next one month

Analysts are predicting that the price of palm oil will drop by almost 5 % in the next one month. It is used in biofuels and also used in other products like cosmetics and candy bars. 

BP Plc. was trying to recover a part of the cleanup cost from Transocean Ltd. for the oil spill which happened in 2010 in the Gulf of Mexico


BP Plc. was trying to recover a part of the cleanup cost from Transocean Ltd. for the oil spill which happened in 2010 in the Gulf of Mexico. This was ruled by a U.S. District Judge Carl Barbier in New Orleans. After the news the shares of Transocean Ltd. rose. 

George Soros is the Billionaire investor talks to Bloomberg Television says he is working for protecting the civilization and is on the side of the angels


George Soros is the Billionaire investor who feels it is the responsibility of the financial world to keep the system going and prevent it from collapsing. He was talking to Bloomberg Television’s Erik Schatzker in Davos, Switzerland. He said, “I really think it matters for all of us, for humanity, for hedge-fund managers as other human beings that our civilization should survive, I am right now on the side of the angels. Not an easy role to play.”

California’s Air Resources Board in Los Angeles is working on a plan where in car makers will be selling electric, hybrid and hydrogen fuel-cell cars in the state


California is working on a plan where in car makers will be selling electric, hybrid and hydrogen fuel-cell cars in the state. This will enforce the largest automobile manufacturers to sell about 15% of the total sales in the form of cars and vehicles which have negligible tailpipe carbon exhaust in 2025. This will be roughly about 1 million vehicles. Air Resources Board of the State in Los Angeles is working on it.

Goldman Sachs Group Inc. , Macquarie Group Ltd. ,First NZ Capital and Credit Suisse Group AG will coordinate the initial public offering ( IPO ) of Mighty River Power Ltd.


New Zealand’s government will soon start the process of selling state’s assets. This is one of the biggest state assets sales in the last 20 years.  The first organization to be off the block will be Mighty River Power Ltd. Goldman Sachs Group Inc. , Macquarie Group Ltd. ,First NZ Capital and Credit Suisse Group AG will coordinate the initial public offering ( IPO ). 

Electric car battery maker Ener1 Inc. which received U.S. Energy Department grant has filed for bankruptcy protection


Ener1 Inc. is a company which makes electric car batteries. The company had received $118 million U.S. Energy Department grant. The firm has filed for bankruptcy protection as it has defaulted on bond payment. The company is facing stiff competition from Asian companies. 
http://www.wikio.co.uk