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Algae biomass production moves forward in Western Australia
A pilot production facility for algae biomass in Western Australia secured a $2 million Australian dollar grant to advance its operations. Aurora Algae, which produces algae-based products for the pharmaceutical, nutrition, aquaculture and fuels market, grows and processes algae biomass in six 4,000-square-meter ponds in a facility in Karratha, Western Australia. Read more…
Consumers and corporations favoring renewables according to polls
Two surveys backed by wind energy company Vestas show the continuing rise in renewable energy interest from both consumers worldwide and investing corporations. The Global Consumer Wind Study 2012, prepared by TNS Gallup, says 85 percent of global consumers want more renewable energy, with 49 percent willing to pay more for products made with renewable energy. Participating in the survey are 24,000. Read more…
Suntech reduces solar cell production in China
In response to the recent uncertainties facing their business dealings in the United States and Europe, Suntech Power Holdings has announced that they are temporarily closing a portion of their solar cell production capacity in Wuxi, China.“In light of the preliminary U.S. anti-dumping tariff, the European anti-dumping. Read more…
Eighty percent of top global corporations acknowledge climate risks – survey
Climate change has become a visible agenda among giant companies across the globe as extreme weather events happen globally, according to the survey Carbon Disclosure Project. Eighty one percent of the Global 500, a ranking of top corporations, has recognized the physical risks of climate change to their businesses, while 37 perceive these risks as a real and present danger, up from 10 percent in 2010. Read more…
China most attractive destination for R.E. investments – ranking
China is the most attractive site for renewable energy investors according to a recent ranking by Ernst & Young, beating the United States for the top spot. In the All Renewable Index for August 2012, Ernst & Young assessed the attractiveness of 40 countries to investors in terms of renewable energy, with a special focus on wind and solar power projects. China, despite the drop in points by 0.2 from the previous report in May. Read more…
Jaguar Land Rover invests in clean water project for Kenya
Jaguar Land Rover is investing in its 50th carbon offset project, a portable water purification system for providing clean water to families in rural Kenya. The Britain-based automaker which is now owned by Tata Motors has committed to invest in the LifeStraw: Carbon for Water project of ClimateCare. ClimateCare develops and consults on emission reduction projects in Sub-Saharan Africa.
Lockheed Martin to use fuel cells, solar for military applications
Security and aerospace company Lockheed Martin will be using a solid oxide fuel cell generator set with solar panels as an alternative to the U.S. military’s battlefield power generation equipment, replacing traditional fossil fueled power generators. As part of a $3 million dollar contract with the Office of Naval Research, the generator set – a multi-kilowatt JP-8 compatible Fuel Cell Efficient Power Node
Higher temperature can damage economic growth – study
Rises in local temperatures, even temporary, damage long-term economic growth significantly in the world’s developing nations, according to a study published in “American Economic Journal: Macroeconomics.” Basing on weather data over the last half-century, the study finds that for every 1-degree-Celsius increase in a poor country over the course of a given year.
Many businesses are not yet ready for a “green” future - research
Puma, Nike, Nestlé, Unilever, Natura and Ricoh – these 6 companies have taken major steps towards sustainable growth, according to a research by consulting firm Deloitte.
Together with green consultancy Volans, Deloitte looked at how major companies deliver efforts to address climate change.
John Elkington, Volas founder, coined the term “zeronaut” to describe people or groups of people who manage to promote wealth creation while having no or zero impacts towards the environment. With this concept, Deloitte came up with the Zero Impact Growth Monitor 2012 that studied the sustainable efforts of 65 leading companies across 10 industries.
New Jersey law to stabilize local solar market
New legislation to stabilize the solar market in the state of New Jersey and help create new jobs has been signed and passed into law by Governor Chris Christie. The law, S1925/A2966, will address the imbalance of Solar Renewable Energy Credits – of which New Jersey is having an oversupply – which has created uncertainty in the market for both developers and end users.
