15 Oct
Just my own speculation but China is going to use the Presidential visit by President Obama to introduce the Shenyang Power Alliance. What is the Shenyang Power Alliance??? Its about 10 great companies that work in China and needing work and jobs will provide China and Asia with green power contracts.
Obama is being very smart an will let CHINA make all the noise and the announcements and will endorse strategically for global passage in Copenhagan December 15th. After all , if CHINA and USA AGREE on a Global Climate Treaty, the rest of the world must conform and sign!
APWR is going to announce a strategic CONTRACT from Shenyang Power Alliance on or before the Obama visit (MY SPECULATION).
On 12th May 2009 Shenyang Power Group was established, which is controlled by Liaoning Hi-Tech Energy Group and with a registered capital totaling RMB 1 billion yuan, among which 60% contributed by Liaoning Hi-Tech Energy Group in equivalence of RMB 600 million yuan, 20% in equivalence of RMB 200 million yuan contributed by Shenyang Darui Investment Management Company who is representing Shenyang municipal government and RMB 100 million yuan injected by Shenyang municipal government as free subsidy. The main business scope covers: energy and power equipments, boilers for large-size power plants, generator, high/medium/low voltage valves, mining equipments, wires & cables, electricity network lines, and etc.; As EPC contractor to undertake power, electric, mining projects both at home and abroad.
15 Oct
this is the reason I am so high on APWR for the future………..
$2.65 Trillion to Build Unified Grid, Infrastructure; Expand Natural Gas,
Renewable Energy, Hydroelectric, Nuclear
MIAMI BEACH, Fla.–(Business Wire)–
During his keynote presentation at the Energy Track at the 3rd Annual ROTH
Capital Partners China Investment Conference, Louis Schwartz highlighted China`s
plans to invest an estimated $2.65 trillion in energy infrastructure, production
and distribution by 2020, fueling growth that will see China overtake the United
States in annual gross domestic product (GDP) before 2030.
Schwartz, president of China Strategies, LLC, told a standing-room-only audience
at The Fontainebleau Miami Beach yesterday that investing in energy
infrastructure is essential to China`s continued economic growth. Key highlights
from the presentation included:
Of the $2.65 trillion to be invested in energy, at least $263 billion is
targeted for renewable energy, which will grow from 10 percent to 30 percent of
total energy output in China from 2010 to 2020. The mix includes hydroelectric,
wind, nuclear and solar.
“The investments in energy infrastructure will enable China to surpass the U.S.
in GDP before 2030,” Schwartz said. “The forces driving China’s energy industry
in new directions include government investment in energy generation and
distribution, an emerging model for sustainable development in China and
opportunities for foreign investment in the transformation of China’s energy
infrastructure.”
Estimates show China GDP growing from $5 trillion in 2010 to $26 trillion by
2030, while the U.S. goes from $15 trillion to $23 trillion.
Schwartz said China has other reasons for investing in renewable energy. With
growing prosperity in the country, automobile ownership will go from 50 million
to 220 million by 2020. As a result, China will need 600 million metric tons of
crude oil by 2020, but production will have hit a plateau at 220 million metric
tons that year. The transportation sector`s share of crude oil production is
projected to increase from 35 percent in 2008 to 50 percent in 2020.
China has already ramped up the production of electric scooters and bicycles,
with just 200,000 in 2001 and an estimated 22 million on the road in 2009. It is
launching mandatory conservation programs for residential and commercial
buildings and finding other ways to manage energy production, distribution and
usage. It is providing subsidies for installing solar on roofs, buying electric
vehicles and installing wind farms and biomass facilities.
“The bottom line is that energy investments in China could be a bigger economic
driver than the rise of the Internet,” said Schwartz, whose firm consults with
its clients on policy, investments and business development in the Chinese
energy market.
15 Oct
time to support the merchants who actually USING 100% WIND……
Larkburger is making a name for itself with such menu items as hand-cut fries seasoned with parmesan and truffle oil — but Larkburger president Adam Baker hopes that with the switch to wind power for 100 percent of its energy use, the company will also become known for its eco-friendly philosophy.
The fast gourmet burger joint that got its start in 2006 in Edwards and opened a second location in Boulder this spring (read Jason Sheehan’s review here) has always touted its use of compostable disposables and environmentally friendly decor items, such as paneling made with reclaimed Monterey Cypress. “Switching to wind power was a real easy decision to make,” Baker says. “We want to be as progressive as possible. We try to make good decisions and this fit right in.”
Renewable Choice Energy Inc. of Boulder, a wind-power broker, sells Larkburger energy credits that the energy company buys from wind farms around the country, including some in Colorado. Officially, Larkburger was been buying energy credits since September, but Baker says the company retro-paid back to March.
“We try to be mindful of our environment and will use wind power for any possible future locations as well,” Baker says.
The decision to use a renewable energy source exclusively may fit Larkburger’s business philosophy, but wind power is also more expensive. Still, Baker sees those initial costs as a necessary precursor to making wind energy more affordable. “The expense is a little more but not a whole lot.” he explains. “If we have to pay a premium for it so it will eventually come down, I don’t mind. We pay a premium for better ingredients; we can pay a premium for a better power source.”
Tags: Larkburger
15 Oct
Korean shipbuilding giants are diving headfirst into the wind power industry in the face of a sharp drop in new shipbuilding orders and the formidable challenge from Chinese rivals. Leading the pack are Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. — the world’s No. 1 and No. 2 shipyards.
While Hyundai Heavy is hurrying to begin operation at its wind-facility plant here this month, Samsung Heavy has secured a bridgehead in the U.S. market and is now preparing to build a production site.
Smaller players, such as STX Heavy Industries, are also charging ahead, acquiring foreign turbine markers.
STX Group said yesterday that STX Windpower has received orders to make six wind power facilities for a Romanian power provider. It did not disclose the contract value. STX Heavy has acquired Harakosan Europe B.V., the Netherland-based wind turbine maker, for about 24 billion won in July and changed its name to STX Windpower.
“Based on STX Windpower’s technological prowess, we plan to build our wind power business to form the core of our new growth engines,” the group said in a press release. STX Heavy has also established a wind power division in order to nurture the business.
Last month, Hyundai Heavy signed a contract with U.S.-based Wave Wind to provide six 1.65MW wind turbines, which will be produced at its plant in Gunsan, North Jeolla Province. The two companies have also agreed to expand cooperation in the 100MW capacity wind turbine project, a boost for the Korean firm which is seeking to get a bridgehead in its push into the U.S. wind power market.
Samsung Heavy aims to join the world’s top seven wind-turbine makers by 2015, expanding its capacity gradually to 800 units a year. It plans to increase ten-fold the number of employees in the wind business by then.
In April, Samsung Heavy nabbed a letter of intent from US-based Cielo Wind Power to buy three turbines next year. It is currently scouting for a plant site, and will make 200 turbines next year with capacities ranging between 2.5 and 5 megawatts.
Daewoo Shipbuilding and Marine Engineering Co. also acquired a controlling stake of DeWind Turbine in August, a U.S.-based wind power company, for 49.8 billion won.
“By combining DSME’s know-how in design and DeWind Turbine’s wind power technology, we are confident to make a fast advance in the field,” Nam Sang-tae, the company’s CEO said. The company plans to pour $700 billion into the U.S. firm for the development of new products and plans to build a new production base in the North American region.
Korean shipbuilders are shifting their business focus to wind and other green energy, as the global outlook for the shipbuilding industry appears cloudier over the next few years. The technology to make key components for wind turbines is similar to those used to make ship propellers, industry officials said.
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