May 31 (Reuters) – General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, sources familiar with the situation said on Sunday.
Read more at: http://www.reuters.com/article/2015/06/01/general-electric-lending-idUSL1N0YM0FD20150601
“Investing in coal companies poses both a climate-related and economic risk,” said Svein Flaatten, a Conservative member of the committee.
Read more at: http://www.bloomberg.com/news/articles/2015-05-27/biggest-wealth-fund-faces-coal-limits-as-norway-agrees-on-curbs
According to GE, the system is expected to help the IESO balance longer duration voltage and frequency irregularities in the area. Although it was engineered primarily to provide ancillary power services, including voltage control, reactive power support, frequency regulation and ramp rate control, the control system also offers energy related services, such as peak shaving and load shifting, depending on the IESO’s needs.
Read more at: http://nawindpower.com/e107_plugins/content/content.php?content.14268
NEW DELHI German development bank KFW could lend India $1.1 billion for rooftop solar projects, on top of another loan it has extended to help the Asian country fund its ambitious green energy plans, India’s top renewable energy bureaucrat told Reuters.
Read more at: http://www.reuters.com/article/2015/05/12/us-india-solar-kfw-idUSKBN0NX1KY20150512
Chennai, April 9:
About thirty scientists from all over India met in Bengaluru on Tuesday to discuss ‘the way forward’ in an emerging cheap and clean source of energy, called ‘low energy nuclear reactions’, or simply ‘cold fusion’. The meeting was chaired by Dr Anil Kakodkar, former Chairman of the Department of Atomic Energy.
Scientists warming up to ‘cold fusion’, see potential in ‘other nuclear’ energy | Business Line.
The stated goal of the Joint Center for Energy Storage Research (JCESR), one of the U.S. Department of Energy’s Innovation Hubs, comprising 14 partner institutions led by Argonne National Laboratory (ANL), is to develop the battery of the future.
The need for better batteries is obvious: To modernize the electrical grid so that more renewable energy can be sourced and delivered, thereby reducing our dependency on fossil fuels; and to accelerate the electrification of vehicles, thereby reducing greenhouse gas emissions as well as the consumption of fossil fuels. And if a significant fraction of vehicles were electrified, the grid would need to be upgraded anyway just to handle the load. The need for better batteries is not just about technical superiority, however. It’s also about economic security.
Read more at: http://www.forbes.com/sites/neilkane/2014/12/14/innovating-a-new-innovation-model/
Increasing the light absorption across the wide solar spectrum has important implications for applications in solar-thermal and photovoltaic energy conversion.
Copper oxide (CuO) nanowires (NWs) and cobalt oxide (Co3O4) nanoparticles (NPs). Copper oxide NWs of 100–200 nm in diameter and 5 µm long are grown thermally on copper foil in air and cobalt oxide NPs of 100–200 nm in diameter are synthesized hydrothermally. Tandem structures of spectrally selective coating (SSC) layer are built with three different methods: spray-coating, dip-coating of cobalt oxide NPs into copper oxide NWs forest, and transferring of copper oxide NWs layer onto cobalt oxide NPs layer. The tandem-structured SSC layers fabricated from the spray-coating, dip-coating and transferring methods exhibit figure of merit (FOM) values of 0.875, 0.892 and 0.886, respectively, which are significantly higher than that of the starting copper oxide NWs (FOM=0.858) and cobalt oxide NPs (FOM=0.854). Results demonstrate the efficacy of using novel tandem structures for enhanced light absorption of solar spectrum, which will find broad applications in solar energy conversion.
Read more at: http://www.nanowerk.com/nanotechnology-news/newsid=37903.php
Oct 20 (Reuters) – China’s second biggest steelmaker Baoshan Iron & Steel Co Ltd (Baosteel) said it had won a contract to supply pipes for a natural gas pipeline running from Turkey to Azerbaijan.
Read more at: http://in.reuters.com/article/2014/10/20/baosteel-contract-idINL3N0SE12Z20141020
(Reuters) – An Indian group that has agreed to buy Rio Tinto’s Benga mine in Mozambique plans to nearly triple production from there to up to 13 million tonnes per year in three years, the group’s chairman told Reuters on Thursday.
Read more at: http://in.reuters.com/article/2014/07/31/rio-tinto-plc-mozambique-icvl-idINL4N0Q641B20140731
Indonesia’s ambitious plan to build 14 dedicated coal terminals will be hindered by investment issues, while the restriction of using only these new and existing accredited ports to curb illegal coal outflows may hurt exports, analysts said this week.
The country sees the need for building these terminals, as most of the coal exports currently flow via various channels other than the existing coal and multi-user ports, making it difficult for the government to record the movements or receive royalty payments. In addition, the exports have increased substantially.
Read more at: http://www.platts.com/latest-news/coal/manila/indonesias-plan-for-dedicated-coal-ports-will-26827449
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