9 Nov
Vestas, UP 4%, AMSC up 4% , and APWR up 5% all rolling along nicely as 2020 is 10 years away………I can wait, this is the story of the WIND BET for our Greener Future into 2020. This is five days away from the Obama China visit to sign new Global Climate Treaties.
For a new wind investor, I would ladder a position with 60% Vestas, 30% APWR, and 10% AMSC or you could use “”FAN”", the Wind ETF but greater gains in the above 3 horsemen of Wind Power for China!
9 Nov
1200 MW capacity in new facility in Wisconsin employing 600 New Green Workers! Nice Work Cheeseheads4Wind!!!!
WISCONSIN RAPIDS, Wis.–(BUSINESS WIRE)–Energy Composites Corporation (OTCBB:ENCC – News) announced that the Company has reached agreement with the City of Wisconsin Rapids, WI to develop two parcels totaling 93 acres into the world’s most advanced wind blade facility. The announcement represents the next major milestone in the accelerating deployment of ECC’s WindFiber™ strategy, following ECC’s recent appointment of Adrian Williams to head its WindFiber™ division.
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ENCC.OB 3.75 +0.01
{“s” : “encc.ob”,”k” : “c10,l10,p20,t10″,”o” : “”,”j” : “”} Under the developers agreement between the City of Wisconsin Rapids and ECC, the City has agreed to sell a 39 acre parcel and a 54 acre parcel in the Rapids East Commerce Center to ECC for $500/acre for the development of a major utility-scale wind blade production facility and associated logistics center. The agreement provides for at least $7.5 million in development incentives from the City, including site improvements, job creation cash credits, and additional cash payments. The minimum incentive threshold was calculated based on ECC’s original plans for a facility that would produce enough blades to equip wind energy systems producing 750 megawatts of power per year. Since ECC’s final design will provide blades for more than 1,200 megawatts of power annually — a 60% increase in output — the Company anticipates that the final level of developers incentives from the City will grow significantly as the size of the total tax increment grows. Closing on the land acquisition will occur before the end of December.
Sam Fairchild, ECC’s CEO, stated that, “Our ongoing partnership with the City of Wisconsin Rapids, and this developers agreement, is a critical footing in our efforts to launch the world’s most advanced wind blade facility. I can’t say enough about the enormous contribution by Mayor Mary Jo Carson and her excellent staff in making this a reality. Mayor Carson gets it, and her hard work will generate economic benefit for the people of Wisconsin Rapids for many years to come. We also want to thank the Common Council for its faith in our combined vision and its recognition of our unwavering commitment to Wisconsin Rapids.”
Jamie Mancl, ECC’s founder and President, noted, that “The process of working with the City and other
9 Nov
Like I have been saying folks, CHINA GETS IT ABOUT GOING GREEN!!!!
Next month, Santa Clara’s Applied Materials Inc. is scheduled to open a giant solar energy R&D center. The company is investing up to $300 million in the facility. It will not be situated in California, nor in the United States, but in Xian, China. Because China’s where the action is.
“If the U.S. doesn’t get serious, China’s going to own this industry,” said Applied Materials spokesman David Miller. He points to the Manhattan Project-like push for alternative energy adopted by Chinese officials, which includes up to $60 billion annually in government investment. And here? “Here, we’re way behind,” said Miller. “We’re still messing around with energy bills. We need to get serious, to get capital spending flowing, to get the government truly behind it, to get focused.”
Miller and his company are not simply blowing smoke. In as little as two years, analysts predict, China will be the world’s biggest consumer of solar energy. By 2013, its clean tech market could amount to $1 trillion annually, according to a report earlier this month from the China Greentech Initiative, a consortium of U.S. and Chinese companies that includes Cisco Systems and the Silicon Valley VC firm VantagePoint Venture Partners, which specializes in clean tech investments
Neither is Applied Materials alone in its views. I’ve heard them similarly expressed by numerous Bay Area executives and investors with business ties to China. “They get that these are the industries of the 21st century,” says VantagePoint managing partner Alan Salzman, whose Bay Area clean tech investments include Tesla Motors, BrightSource Energy and Solazyme. “The level of support for green tech there is breathtaking. It exceeds anything done here on a state or federal level.”
As if any more wake-up calls were needed, two other VantagePoint Venture Partners’ portfolio companies, Santa Clara’s Miasolé, which produces advanced, thin-film solar panels, and Sunnyvale’s Bridgelux, developer of energy-efficient LED lighting, are reluctantly considering locating their manufacturing facilities outside the United States.
“From a global competitiveness perspective, we’re just not there,” said Salzman.
9 Nov
The world is going to change for the good on Nov 15th as President Obama and the Chinese president announce new global climate treaty plans for our future green energy plans. The USA has been dragging its feet since Kyoto on climate and only God knows how much Oil Drilling George Bush hurt the process. Well, now , the United States first Green President goes to China and watch what happens to move us forward to Copenhagen Dec 15th. Once you have China in your back pocket, the rest of the world will follow!
POINTS I am hoping to see changed:::
1. China will implement more Wind and renewable energy and commit more money to achieving these higher green targets.
2. Obama will get China to drop the 70% protectionism wind power components requirements for openning borders for foreign wind turbine companies to receive future wind turbine contracts thus allowing China to install more Wind Power immediately and openning up China to other companies building wind components.
3. New Global percentage of renewable goals for CHINA and the USA to achieve more cleaner power into the future as China continues to grow at outstanding pace.
Some companies who will benefit IMMEDIATELY::: Vestas, AMSC, GE, APWR, KDN, WGOV, Siemens, ABB, BGC, FSLR, Shaw Group, JEC
9 Nov
WASHINGTON — Off the coast of Washington state , mysterious algae mixed with sea foam have killed more than 8,000 seabirds, puzzling scientists. A thousand miles off California , researchers have discovered the Great Pacific Garbage Patch, a swirling vortex roughly twice the size of Texas filled with tiny bits of plastic and other debris.
Every summer a dead zone of oxygen-depleted water the size of Massachusetts forms in the Gulf of Mexico ; others have been found off Oregon and in the Chesapeake Bay , Lake Erie and the Baltic and Black seas. Some studies indicate that North Pole seawater could turn caustic in 10 years, and that the Southern Ocean already may be saturated with carbon dioxide.
A recent bird kill off the coast of Washington state came without warning, said Jane Lubchenco , the administrator of the National Oceanic and Atmospheric Administration . “There will be more surprises than that,” she said.
The danger signals are everywhere, some related to climate change and greenhouse gases and others not:
— Every eight months, 11 million gallons of oil run off the nation’s roads and driveways into waters that eventually reach the sea, the Pew Oceans Commission said in 2003. That’s the equivalent of an Exxon Valdez-size oil spill.
— Since the beginning of the Industrial Revolution, the oceans have absorbed 525 billion tons of carbon dioxide. They’re now absorbing about 22 million tons of carbon dioxide a day. As that happens, the oceans become more acidic, threatening the marine food chain. The acidity could eat away the shells of such animals as the petropod, a nearly microscopic snail with a calcium carbonate covering that’s eaten by krill, salmon and whales.
— More than 60 percent of the nation’s coastal rivers and bays are moderately to severely degraded by nutrient runoff from products such as fertilizer, creating algae blooms that affect the kelp beds and grasses that are nurseries for many species of fish.
Even that doesn’t tell the entire story, as competing uses for the sea multiply. Traditional ones such as fishing and shipping are competing with offshore aquaculture farms. On the energy front, it’s no longer just oil and gas drilling. There are plans for deepwater wind farms and tidal and wave power-generating projects.
As the grim news mounts, a storm is brewing in Washington, D.C. , over who should oversee oceans policies. A White House task force has recommended creating a National Ocean Council that would develop and implement national ocean policy and include the secretaries of state, defense, agriculture, interior, health and human services, labor, commerce, transportation and homeland secur
9 Nov
Volkswagen Ag
BEIJING (AP) — Powered by tax cuts and stimulus spending, China’s October auto sales soared 72 percent from a year earlier, outpacing U.S. sales for another month, according to data reported Monday.
Automakers sold a total of 1.2 million cars and trucks, the government-sanctioned China Association of Auto Manufacturers announced.
That was down from September’s 1.3 million but well ahead of the 838,000 vehicles sold in the United States in October. China’s sales this year rose to 10.9 million vehicles, compared with 8.6 million in the United States, according to Autodata Corp.
Global automakers are looking to China’s fast-growing market to drive sales amid slack demand elsewhere. Sales have been spurred by tax cuts and subsidies meant to help nurture China’s auto industry and encourage purchases of more fuel-efficient vehicles.
Beijing’s 4 trillion yuan ($586 billion) stimulus has helped to prop up spending on cars and other big-ticket items, and lifted economic growth in the latest quarter to 8.9 percent from a year earlier.
China, with 1.3 billion people, has long been expected to overtake the United States as the biggest vehicle market. But the U.S. slump has hastened that shift by depressing American sales while China surged ahead.
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