Thursday, March 5, 2009

Ormat Commissions Third Phase of Kenya Geothermal Plant

Ormat Technologies Inc. has commissioned the third phase of a facility at Kenya’s Olkaria geothermal plant. The plant will mitigate CO2 emissions and reduce the average production cost of electricity while reducing the east Africa’s biggest economy dependence on imports.

Fiat Ranked Europe’s 2008 Cleanest Automaker

In a recent research carried out on cars sold in Europe by JATO, a consulting firm, Fiat has been ranked as the cleanest manufacturer in Europe for 2008 in terms of CO2 emissions.

Craton Commits $10 Million to African Biofuel Project

Craton Equity Partners, a California-based technology fund, has committed $10 million to Principle Energy Ltd. (PEL), a first venture into the biofuel industry. PEL is a sustainable biofuel development company with projects that target sub-Saharan Africa and its first development, located in Dombe, Mozambique, is a vertically-integrated sugarcane ethanol operation....more>>

First Solar Acquires Multi Gigawatt Photovoltaic Pipeline

First Solar, Inc. has announced it is set to significantly expand its penetration within the U.S. utility solar power market with the acquisition of OptiSolar's solar project pipeline.

Less Carbon, More Jobs in the Green Economy

The Environmental Defense Fund has released an online map providing a snapshot of jobs and economic opportunities related to green economy. The online map provides a mapping of renewable energy and energy efficient businesses and their supply chains.

Ormat Technologies (ORA) Bests Earnings

Ormat Technologies, Inc., the only vertically-integrated company primarily engaged in the geothermal and recovered energy power business has beat earnings estimates in results for the fourth quarter and full year ended December 31, 2008.