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GreenHunter Announces Wind Energy Project in China

GreenHunter Wind Energy, LLC announced its first wind energy development project outside of the United States, located near Shanghai, China. When completed, the project...

Shell, E.ON Stall Offshore Wind Projects EU Needs

May 14 (Bloomberg) -- Twenty-foot waves battered the Lisa A on the night of Sept. 16 in the Irish Sea, damaging two of the...

Texas' sweet sorghum farmers tap new ethanol source

LUBBOCK — Sweet sorghum is grown in the U.S. for cooking and as livestock feed. But the tall plant also has a juicier benefit. A...

Use of wind energy expected to grow dramatically

WASHINGTON - Two decades from now Americans could get as much electricity from windmills as from nuclear power plants, according to a government report...

Time for an International Renewable Energy Agency?

At the invitation of the German Federal Government, representatives from more than 60 countries met in Berlin earlier this month to discuss the founding...

Leading Wind Energy Manufacturers Call for Immediate Extension of Key Renewable Energy Incentive

WASHINGTON--(BUSINESS WIRE)--Senior executives from four of the world’s top wind turbine manufacturers—GE Energy, Gamesa, Siemens and Vestas—joined today in urging Congress to act promptly...

ASEM forum focuses on renewable energy

HA NOI — New and renewable forms of energy garnered the most attention at the first ASEM forum on energy security policies in Ha...

Low-cost airlines hit by recession and fuel price escalation

The mile-high party is over but only the airlines have failed to notice. As BA disappears under a mountain of lost luggage in its...

Asian Stocks Rise in U.S. Trading, Led by Trina, Solar Shares

April 2 (Bloomberg) -- Asian stocks rose in U.S. trading, led by solar shares, after oil advanced more than $3 a barrel and Trina...

Ethanol boom will help lower gasoline prices

While debates heat up on whether ethanol will ever be "green," one aspect of the alternative fuel is becoming clearer: explosive production is stifling an established driver of oil markets -- U.S. gasoline demand -- and could lead to lower prices at the pump. The ethanol boom comes just as U.S. oil refiners, which had been struggling for years to keep up with rising fuel demand in the world's largest energy consumer, begin to catch up by adding surplus capacity. Together, these factors could help reverse gasoline supply tightness that has driven fuel prices higher, particularly during the petroleum rally of the last five years. "Ethanol blending could help ease U.S. refining bottlenecks and that could be ultimately reflected in lower prices at the pump," said Eric Wittenauer, an analyst at AG Edwards in St. Louis. U.S. gasoline demand growth has averaged about 1.3 per cent annually from 1971 through 2007, but the growth rate has slowed in recent years, even as the population continues to grow, falling to 0.6 per cent in 2007. Early this year, gasoline demand growth has only been 0.4 per cent, the government said Wednesday. Meanwhile, ethanol output has rocketed as the U.S. government touts it as a fuel that cuts greenhouse gas emissions and weans the country off foreign oil. Washington offers producers hundreds of millions of dollars in incentives and gives blenders a credit of 51 cents per gallon for mixing the fuel into gasoline. Critics say ethanol made from corn has boosted food prices and that the fuel does not cut greenhouse gas emissions much over the life cycle of making and burning it. But the industry grows nonetheless as new markets open, such as the U.S. Southeast, and blenders invest in terminals across the country. The subsidies have made ethanol cheaper than gasoline and a much sought after component for blending into motor fuel at levels of up to 10 per cent for all cars, and up to 85 per cent for increasing numbers of specially tooled "flexible fuel" vehicles. Monthly U.S. ethanol output through November 2007, the last data available, averaged nearly 12.7 million barrels, or 64 per cent higher than average monthly production in 2005, according to the Energy Information Administration, the statistics arm of the U.S. Department of Energy. Ethanol production this year is expected to rise 130,000 barrels per day (bpd) -- or the amount of gasoline a medium-sized oil refinery puts out -- to 550,000 bpd, according to the EIA. And U.S. imports of sugar-based ethanol, a fuel much lower in carbon emissions, from Brazil and producers in the Caribbean and Central America, increased 300 per cent from 2005 to 2006, the EIA said. To be sure, an extended string of oil refinery outages could always push up gasoline prices. But as the ethanol delivery system grows, it should provide constant pressure on gasoline demand. "Gasoline demand . . . on an underlying basis, is looking pretty weak in terms of growth," said Adam Robinson, an energy analyst at Lehman Brothers. "And on the other hand, you've got ethanol, which is substituting for gasoline in the existing pool."

Perspective: How green could make Europe a tech power

And to that list you have to add Europe. The continent--with its lengthy scientific heritage and world-class universities--has lived below expectations when it comes...

Flower power

The theme park in Williamsburg debuts its Ready, Set, Grow program on April 19-20 and 26-27, which will feature tours of the park's greenhouses...

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Australia solar Installation hits 40 GW

An IEA survey of solar power applications in Australia shows that the country installed 5.2 GW of solar capacity in 2024 and reached a...

Versiris Energy completes logistically tricky rooftop solar project

Versiris Energy completed a 575.36-kWDC rooftop solar project for a national commercial retail facility in Chanhassen, Minnesota. Versisis, a commercial solar developer and subsidiary...

Recurrent Energy Sells 275 MW Solar-Plus-Storage Project in New South Wales to European Investor

Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer of solar and energy storage assets, has finalized the sale of its...

Azerbaijan seeks Chinese help in achieving “green” power dream

Azerbaijan is hoping China can play a big role in helping Baku fulfill its ambitions of building a “green energy corridor” to Europe. Azerbaijani officials...