Tag Archives: Finance

Solar Wind Energy Tower, Inc. Partners with Commonwealth Dynamics, Inc.

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Solar Wind Energy Tower, Inc. Partners with Commonwealth Dynamics, Inc.

Duane Tilden‘s insight:

Over the last six months, Solar Wind Energy’s design and construction management  teaming partners have been diligently working on value engineering the core of our Tower structure in order to reduce cost, time of construction and utilize readily available construction materials, some of which that are indigenous to our region of construction.

Read more: http://www.digitaljournal.com/pr/1207274#ixzz2RVmrH89d

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LONDON, April 25, 2013: Energy from Waste: Modern Plants and Increased Revenues to Boost Investments, says Frost & Sullivan

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/PRNewswire/ — Concerns on the growing volumes of municipal solid waste (MSW), the decreasing capacity of landfill sites, and the considerable rise in resource consumption will help sustain investments in the European waste to energy (WTE) plant…

Duane Tilden‘s insight:

“Waste treatment companies are gradually diverting MSW from landfill sites to use in energy generation owing to regulations on limiting landfills and incentives for lower carbon emissions,” said Frost & Sullivan Energy and Environmental Research Analyst Monika Chrusciak. “The conversion of waste to renewable energy through the application of thermal treatment technologies – increasingly viewed as an attractive solution for waste management – reduces operational costs as well.”

Read more here: http://www.heraldonline.com/2013/04/25/4804660/energy-from-waste-modern-plants.html#storylink=cpy

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NEMA Praises Introduction of Bill to Promote Energy Storage Technologies, National

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April 25, 2013 – NEMA endorsed HR 1465, STORAGE 2013, which promotes adoption of state-of-the-art energy storage technologies, calling this legislation “carefully crafted” in its regard for entire range of energy storage technologies. …

Duane Tilden‘s insight:

“Energy storage is a key enabler of the Smart Grid and is transforming the way we think about electricity,” said NEMA President and CEO Evan R. Gaddis. “By getting us beyond the need to generate electricity at the same moment as it is used, energy storage delivers greater system efficiency, enhances reliability and resiliency, and fosters integration of renewable energy.”

STORAGE 2013 would offer a 30 percent investment tax credit for energy storage used in connection with the power grid, with no project eligible to receive more than $40 million, and the total program capped at $1.5 billion. For municipal utilities and electric cooperatives, the legislation would make energy storage eligible for new clean renewable energy bonds. To promote efficiency and distributed generation in the commercial and residential markets, the bill offers a 30 percent credit (up to $1 million) for onsite application of energy storage.

See on news.thomasnet.com

KW17 | IHS: Solar PV energy storage market to grow to USD 19 billion in 2017 – SolarServer

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IHS Inc. (Englewood, Colorado, US) has released a new report which predicts that the market for energy storage to accompany solar photovoltaic (PV) generation will grow more than 100% annually to 7 GW in 2017, representing USD 19 billion in value.

Duane Tilden‘s insight:

Due to the energy storage subsidy, IHS expects Germany to play a leading role, as it did in the larger PV industry. The company predicts that 70% of installed storage in 2013 will be located in Germany.

IHS expects that if the program proves successful, other nations will pass similar subsidies. …

Market for storage with utility-scale PV as well

IHS also expects that storage will be used in larger PV systems, as connection requirements for PV become increasingly demanding. The company forecasts that utility-scale PV with storage will grow to more than 2 GW annually by 2017, led by Asia and the Americas.

See on www.solarserver.com

Lawmakers float renewable energy finance bill – The Hill’s E2-Wire

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A bipartisan, bicameral group of lawmakers revived legislation Wednesday that aims to spur renewable energy investment through federal tax code tweak. Lawmakers unveiled the Master Limited Partnerships Parity Act — spearheaded in the Senate by Sens.

Duane Tilden‘s insight:

The bill would extend master limited partnerships to renewable energy projects ranging from wind power to energy efficiency. Currently, only oil-and-gas projects can use the financing mechanism.

“This market-driven solution supports the all-of-the-above energy strategy we need to power our country for generations to come. Our legislation will unleash private capital, create jobs and modernize our tax code,” Coons said in a statement.

See on thehill.com

Zero Carbon Building Wins Hong Kong’s Inaugural Engineering Innovation Award

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Image Source: Arup Hong Kong’s Zero Carbon Building (ZCB) has won the inaugural “Champion of the Innovation Award for the Engineering Industry” from the Hong Kong Institution of Engineers (HKIE). The ZCB employed a swath of integrated innovatio …

Duane Tilden‘s insight:

The ZCB employed a swath of integrated innovations to best meet the unique conditions of Hong Kong’ sub-tropical location and frenetic urban setting, incorporating a total of over 80 sustainability features to heighten its efficiency and diminish its environmental impact.

The roof of the three-storey building is almost completely covered in photovoltaic panels to take advantage of Hong Kong’s torrid climate for power generation purposes. In addition to solar power, the ZCB is also capable of producing energy using biodiesel derived from waste cooking oil, which is widely used in the city’s thriving culinary culture.

See on designbuildsource.com.au

CHP will help reduce EU’s energy imports – European Commission – Gas to Power Journal – Gas to Power Journal UK

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Increased market penetration of energy efficient Combined Heat and Power (CHP) installations can help the EU reduce its energy imports and drive econo…

Duane Tilden‘s insight:

“Even if we disregard climate change, it would still be wise to stop spending as much as possible of the some €400 billion a year we spend on importing oil and gas. Instead, we should find ways to use European technologies and labor to get more efficient energy systems to decrease our fossil fuel imports,” he told delegates in a keynote opening address.

… the Commission has proposed €17 billion to go specifically towards energy efficiency projects including CHP. The effect of this, according to Hodson, is that “there is now a greater climate for regional authorities to build energy efficiency into their projects from the very beginning”.

See on gastopowerjournal.com

On-Site Utility – EuroSite Power Providing Savings to DoubleTree by Hilton – Cogeneration & On-Site Power Production

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LONDON, UK – EuroSite Power Inc., (OTCQB: EUSP) an On-Site Utility, offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and leisure centers in the United Kingdom and Europe is now operating a combined heat and power system supplying clean energy to DoubleTree by Hilton, Cambridge, UK.

Duane Tilden‘s insight:

EuroSite Power will produce clean energy in the form of electricity, heating and domestic hot water for each hotel at a price lower than The Ability Group’s previous and future energy suppliers. Because The Ability Group opted for the company’s On-Site Utility solution, each hotel pays only for the energy used and avoids all capital, installation and operating costs. EuroSite Power also handles all service, maintenance and repair meaning neither The Ability Group nor Hilton Worldwide need to provide manpower to support the energy equipment.

See on www.cospp.com

San Jose, Calif., Businesses Embrace Recycling – RT – Recycling Today

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The city’s businesses recycle nearly triple the material in six months.

Duane Tilden‘s insight:

Michael Miller of San José’s Fairmont Hotel says, “The two-container, wet/dry system was quite easy to implement, and we are pleased by how committed and supportive our staff is of this most important initiative. As a result, we are realizing cost savings and proudly increasing the amount we recycle.”

According to San José Councilman Sam Liccardo, the city is on track to achieve an 80 percent waste diversion rate by 2014. “That’s good news for everyone because this helps extend the life of our landfills and reduces associated taxpayer costs, which can be significant,” he says.

“And, with a single, streamlined collection service,” Liccardo adds, “we have reduced the number of garbage trucks driving through busy business districts. These are among the steps that help move San José towards a sustainable future.”

See on www.recyclingtoday.com

Procter & Gamble talks zero manufacturing waste – Plastics Today

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What if waste…isn’t waste?”

That question inspired the company behind the consumer brands including Gillette, Tide and Pampers to embark on an extensive zero manufacturing waste goal.

Duane Tilden‘s insight:

Waste is usually disposed of in four ways: recycling, compost, incineration or landfill. […]

The company recently announced that 45 of their facilities have now achieved zero manufacturing waste to landfill. Over the past five years, P&G’s work to find worth in waste has created over $1 billion in value for the company.

Material that was once sent for disposal is now sold as a raw material to an alternative use partner wherever possible. For instance, excess floss is repurposed in Mexico as the filling in pillows that are used to clean up industrial spills. At a U.S. Pampers site, scrap from the wipe manufacturing process is converted to upholstery filling. And in the UK, waste created in the production of Gillette shaving foam is composted then used to grow turf for commercial uses.

Packaging reduction

“We’re innovating to limit the amount of waste that even has the opportunity to enter a landfill by reducing our packaging,” McDougall said. “In fact, each of our product categories is committed to a 20% packaging reduction by 2020.”

External partnerships are a key part of the company’s packaging efforts to reduce material usage and increase recycled content in its products.

See on www.plasticstoday.com