Tuesday, May 29, 2007

Clean Energy Quick Clicks

The Indian wind company Suzlon Energy announced the impending acquisition of the wind turbine manufacturer, REpower, of Germany. The bidding process had been at a standstill between Suzlon and the French nuclear energy company, Areva. Areva agreed to withdraw from the bidding process, and the two companies have plans to form a relationship in the areas of transmission and distribution.
  • The Worldwatch Institute reports that the cost for photovoltaic (PV) solar cells will drop 40 percent by 2010. Global production of PV cells has risen sixfold in the last seven years, and grew 41 percent in 2006 alone. Supply shortages have forced manufacturers to find new ways to use materials more efficiently, thereby cutting costs. The outlook for solar continues to look bright: "To say that Chinese PV producers plan to expand production rapidly in the year ahead would be an understatement," said Travis Bradford, President of the Prometheus Institute.
  • U.S. News & World Report announced this week that it will contract only with paper suppliers who get their fiber from sustainably managed North American and European forests. "We think it's both good business and smart business," said Editor Brian Kelly.

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