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Titan Launches Solar Operation

India-based Titan Energy Worldwide is now feeding energy to India's electric grid from a 1-megawatt solar photovoltaic farm in Jamuria, West Bengal—one of the largest solar projects in the country.



The news came today from Atlanta, Ga.-based solar cell manufacturer Suniva, which signed a $480 million deal last year to supply crystalline solar cells to Titan through 2013. The Indian manufacturer is using the cells to make solar modules and specialty PV products.



Titan plans to expand the plant by 250 kilowatts in early 2009. Last week, Titan reported $7.1 million in sales for the first nine months of 2009—an increase of more than 20 percent over the same period in 2008.



Titan has focused its efforts on the Andhra Pradesh region of India. Titan announced plans earlier this month to form a joint venture with Belgian renewable energy project developer Enfinity Management to install 1 gigawatt of solar projects in Andhra Pradesh during the next five years. Titan plans to supply PV modules, while Enfinity plans to develop and finance the installations.



Suniva said today it plans to partner with Titan on the Andhra Pradesh projects.



Titan's Jamuria project is one of the largest operational solar plants in India, which has almost no grid-connected solar power. In September, Dishergarh Power Supply said it began operations at a 2-MW grid-connected solar PV project in Jamuria at the site of an abandoned 6-MW coal-based thermal power plant (see India connects first solar power plant).



India has seen a flurry of solar announcements since the government first announced its goal of 20 GW of solar to be installed by 2020. Just last week, government officials finalized the target, which is projected to cost $19 billion, including a first-phase goal of up to 1.5 GW by 2012.



Suniva says its thin solar cells reduce the need for expensive silicon. The company says its manufacturing process uses optimized metalization techniques and proprietary process innovations, also reducing the time and cost to commercialize new solar technology by developing its designs in incremental stages.

 

source: Cleantech Group

 

World Energy Outlook Released

"World leaders gathering in Copenhagen next month for the UN Climate summit have a historic opportunity to avert the worst effects of climate change. The World Energy Outlook 2009 seeks to add momentum to their negotiations at this crucial stage by detailing the practical steps needed for a sustainable energy future as part of a global climate deal,” said Nobuo Tanaka, Executive Director of the International Energy Agency today in London at the launch of the new WEO – the annual flagship publication of the IEA.

WEO-2009 provides both a caution and grounds for optimism. Caution, because a continuation of current trends in energy use puts the world on track for a rise in temperature of up to 6°C and poses serious threats to global energy security. Optimism, because there are cost-effective solutions to avoid severe climate change while also enhancing energy security – and these are within reach as the new Outlook shows,” added Mr. Tanaka.



Although, as one of the consequences of the financial crisis, global energy use is set to fall this year, WEO-2009 projects that it will soon resume its upward trend if government policies don’t change. In this Reference Scenario, demand increases by 40% between now and 2030, reaching 16.8 billion tonnes of oil equivalent. Projected global demand is lower than in last year’s report, reflecting the impact of the economic crisis and of new government policies introduced over the past year. Fossil fuels continue to dominate the energy mix, accounting for more than three-quarters of incremental demand. Non-OECD countries account for over 90% of this increase, and China and India alone for over half. In addition to increasing susceptibility to energy price spikes, the Reference Scenario projects a persistently high level of spending on oil and gas imports which would represent a substantial financial burden on import-dependent consumers. China overtakes the US around 2025 to become the world’s biggest spender on oil and gas imports. The energy poverty challenge also remains unresolved with 1.3 billion people still without electricity in 2030 from 1.5 billion today; though universal access could be achieved with investment of only $35 billion per year in 2008-2030.



WEO-2009 demonstrates that containing climate change is possible but will require a profound transformation of the energy sector. A 450 Scenario sets out an aggressive timetable of actions needed to limit the long-term concentration of greenhouse gases in the atmosphere to 450 parts per million of carbon-dioxide equivalent and keep the global temperature rise to around 2°C above pre-industrial levels. To achieve this scenario, fossil-fuel demand would need to peak by 2020 and energy-related carbon dioxide emissions to fall to 26.4 gigatonnes in 2030 from 28.8 Gt in 2007.



“At the IEA Ministerial meeting, a large majority of Ministers showed their intention to take the lead, organise themselves and commit to the challenge to reach the 450 Scenario - the energy path of Green Growth. Only by mitigation action in all sectors and regions can we turn the 450 Scenario into reality,” stressed Mr. Tanaka. Energy efficiency is the largest contributor, accounting for over half of total abatement by 2030. Low-carbon energy technologies also play a crucial role: around 60% of global electricity production comes from renewables (37%), nuclear (18%) and plants fitted with carbon capture and storage (5%) in 2030. Furthermore, a dramatic shift in car sales occurs, with hybrids, plug-in hybrids and electric vehicles representing almost 60% of sales in 2030, from around 1% today.



Compared to the Reference Scenario, cumulative incremental investment of $10.5 trillion is needed in the 450 Scenario in low-carbon energy technologies and energy efficiency by 2030. In addition to avoiding severe climate change, this cost is largely offset by economic, health and energy-security benefits. Energy bills in transport, buildings and industry alone are reduced by $8.6 trillion globally over the period 2010-2030. “The challenge for climate negotiators is to agree on instruments that will give the right incentives to ensure that the necessary investments are made and on mechanisms to finance those investments in non-OECD countries,” said Mr. Tanaka and added: “In our 450 scenario in OECD countries the carbon price reaches $50 per tonne of CO2 in 2020 and $110 in 2030.”



WEO-2009 also identifies higher oil prices, coupled with the downturn in oil sector investment, as a serious threat to the world economy, just as it is beginning to recover. As a result of the financial crisis, investment in upstream oil and gas has already been cut by over $90 billion this year compared with 2008. While oil demand has dropped sharply, in the Reference Scenario it starts recovering in 2010, reaching 88 mb/d in 2015 and then 105 mb/d in 2030. “Calling for increased investment in fossil-fuel supply is not inconsistent with the need to move to a low-carbon energy pathway,” stressed Mr. Tanaka. “Even in the 450 Scenario, OPEC production still increases substantially in the period to 2030, boosting those countries’ revenues in real terms to four times their level of the previous 23 years,” he added.



Whatever climate policies are introduced, natural gas – a special focus in WEO-2009 – is also set to continue to play a bridging role in meeting the world’s sustainable energy needs. In the Reference Scenario, gas demand rises by 41% from 3.0 trillion cubic metres in 2007 to 4.3 tcm in 2030. Gas demand also continues to expand in the 450 Scenario but is 17% lower in 2030 than in the Reference Scenario thanks to more efficient use, lower electricity demand and increased switching to non-fossil energy sources.



The recent rapid development of unconventional gas resources – notably shale gas – in North America has transformed the gas-market outlook. “Unconventional gas is unquestionably a game-changer in North America with potentially significant implications for the rest of the world,” said Mr. Tanaka. The share of unconventional gas in total US gas output jumped from 44% in 2005 to around 50% in 2008 and, in the Reference Scenario, is projected to rise to almost 60% in 2030. The boom in North American unconventional gas production, together with the recession’s impact on demand, is expected to prolong the glut of gas supply for the next few years. The analysis of WEO-2009 shows that the annual under-utilisation of inter-regional pipeline and LNG capacity could rise from around 60 billion cubic metres in 2007 to 200 bcm by 2015. This glut could have far-reaching consequences for the structure of gas markets, with suppliers to Europe and Asia-Pacific coming under pressure to modify pricing terms under long-term contracts, to de-link gas prices from oil prices, sell more gas on a spot basis and to cut prices to stimulate demand.



WEO-2009 also provides a focus on Southeast Asia in recognition of its growing influence on energy markets. In the Reference Scenario, Southeast Asia’s energy demand expands by 76% in 2007-2030. “Coupled with strong growth in China and India, this robust demand in Southeast Asia is refocusing the global energy landscape increasingly towards Asia,“ stated Mr. Tanaka.

source: International Energy Agency

 

Altair Awards Board Seat

Altair Nanotechnologies Inc. (Altairnano) (Nasdaq: ALTI), a leading provider of energy storage systems for clean, efficient power and energy management, announces that Hossein Asrar Haghighi has been named to the corporation's Board of Directors. Mr. Haghighi was selected by the Board of Directors at its June 4 meeting.

Mr. Haghighi, 66, is the chief finance officer for the Al Yousuf Group LLC, which is based in Dubai, United Arab Emirates. He joined Al Yousuf LLC in 1986 following 25 years managing banking activities for Middle East organizations.

"Al Yousuf LLC's significant investment in Altairnano is a strong validation of the confidence we both share in Altairnano's power and energy technologies," said Terry M. Copeland, Altairnano's president and chief executive officer. "The appointment of Mr. Haghighi to our board further strengthens and enhances this deep strategic relationship."

Al Yousuf LLC was founded in Dubai in 1953 and since that time has steadily grown to become one of the leading commercial groups in the United Arab Emirates. Al Yousuf LLC operates in a wide range of industries including automobiles, marine, manufacturing, real estate, information and communication technology, electronic goods and chemicals. Al Yousuf LLC now has a network of subsidiaries and associate companies that in aggregate have more than 3,000 employees.

In 2008, it was announced that Al Yousuf LLC would receive two seats on Altairnano's Board of Directors relating to a private placement agreement. The first Director, Eqbal Al Yousuf, President of Al Yousuf LLC, was named to the Board at the close of the transaction. Mr. Haghighi is the second Al Yousuf LLC representative named to the Board.
 

Origin Oil and Sapphire — Algae Energy

OriginOil and Sapphire Energy both announced this week that they are ready to take the final steps to commercialization of their respective technologies.


Sapphire Energy, revealed a very ambitious updated timeline for the deployment of its “drop-in” replacement transportation fuels. By 2011, Sapphire said that it will be producing 1 million gallons of diesel and jet fuel per year, double its initial estimates. By 2018, that number increases to more than 100 million gallons annually. By 2025, the company claims that it will be producing up to 1 billion gallons of fuel per year. 

This would mean that Sapphire alone would be supplying enough fuel to meet approximately 3 percent of the country’s 36 billion gallon renewable fuel standard.

Sapphire Energy uses a platform of sunlight, CO2, photosynthetic microorganisms (algae), non-potable water and non-arable land to produce a renewable and scalable low-carbon alternative to petrochemical-based processes and products.


OriginOil Inc. (OTC BB: OOIL), announced that its single-step process to extract oil from algae is ready for the big time. The company plans to rapidly commercialize the patent-pending process for use by others in the fast-growing algae industry.

In the process, the company’s Quantum Fracturing technology combines with electromagnetism and pH modification to break down cell walls, thereby releasing the oil within these cells. Algae oil rises to the top for skimming and refining, while the remaining biomass settles to the bottom for further processing as fuel and other valuable products.

The company recently filed for patent protection of the new algae oil extraction process, its seventh patent application, entitled Device and Method for Separation, Cell Lysing and Flocculation of Algae From Water.

“With this new process, we have greatly improved on our previous harvesting technology. We now have a single device and process that we will optimize and scale up in upcoming trials for commercialization,” said Dr. Vikram Pattarkine OriginOil's CTO.

 

Singapore Turns CO2 into Methane

Scientists at the Institute of Bioengineering and Nanotechnology (IBN) have succeeded in unlocking the potential of carbon dioxide – a common greenhouse gas – by converting it into a more useful product. Using organocatalysts, the IBN researchers activated carbon dioxide in a mild and non-toxic process to produce methanol, a widely used industrial feedstock and clean-burning biofuel.



Published recently in leading international chemistry journal Angewandte Chemie, IBN’s report has been designated a ‘Hot Paper’ and determined by reviewers to be “very important” – a recognition provided to less than 10% of the journal’s manuscripts.

 

Axion Power Up on Exide Deal

Axion Power International Inc (OTC Bulletin Board: AXPW) has announced a definitive Memorandum of Understanding for a multi-year, global supply relationship with Alpharetta, GA-based Exide Technologies (Nasdaq: XIDE) for the purchase of Axion PbC(R) batteries and other Axion Technologies(TM). Axion is a developer of advanced batteries and energy storage products that incorporate patented lead carbon battery PbC Technology(TM). Exide Technologies is a global leader in stored electrical energy solutions. The Company's shares closed up $0.76 at $1.65, an 85% increase on the day.



According to the terms of the agreement, three consecutive phased purchase- and test-periods will commence immediately, with Axion supplying an escalating number of batteries to Exide on a monthly basis. The first two phases will span 18 months and if successful the parties will move to the final 2 phases of the agreement. The quantity of the products supplied will need to achieve certain defined milestones, commensurate with what the market potentials could be, over the remaining 2.5 year period of the agreement if exclusivity is to be maintained. Shipments delineated under the agreement would begin in Phase I, which is scheduled to last 10 months and would ramp up at each phase point, assuming successful testing. No further details on anticipated shipments and schedules were released.



The agreement will make Exide Axion Power's principal battery original equipment manufacturer (OEM) customer. Axion will still retain the limited ability to market its PbC battery to one other lead-acid battery manufacturer under an existing agreement and Axion will be able to sell all its products to current customers, and into certain large potential markets on which they have chosen to concentrate.

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Battery Performance Car

Fisker Automotive, maker of the jaw-dropping battery-powered Karma sports car, announced that it’s landed $85 million in venture capital to begin production. The money came from Eco-Drive Capital Partners and Kleiner Perkins Caufield & Byers. The Irvine, Calif. company has now raised more than $100 million for its vehicle, expected to sell for a little less than Tesla’s comparable roadster, at $87,900 a pop. It says it’s already fielded 1,300 reservations for the Karma, which is expected to roll into showrooms by late 2010.

 

 

Obama Boosts New Energy Spending

WASHINGTON (Reuters) - Proponents of alternative energy and energy efficiency were elated on Thursday by President-elect Barack Obama's economic stimulus speech, but some analysts warned his energy agenda could hit turbulence in Congress or from the slow economy.

Obama asked Congress "to act without delay" to pass legislation that included doubling alternative energy production in the next three years and building a new electricity "smart grid."

He said he also planned to modernize 75 percent of federal buildings and improve energy efficiency in 2 million homes to save consumers billions of dollars on energy bills.

Billionaire oil investor T. Boone Pickens called Obama's comments "an important first step in solving our nation's energy crisis and getting our economy moving again."

"Investing in alternative energy, focusing on conservation and rebuilding our power grid to deliver that energy to every corner of our country are critical components of this effort," Pickens said in a statement.

The League of Conservation Voters said Obama's plan to create jobs producing solar panels and wind turbines and making homes more energy efficient "is just what the doctor ordered."

"President-elect Obama's prescriptions will address the twin challenges of an ailing economy and the threat of global warming," the group said in a statement.

But some analysts questioned Obama's ability to boost spending on higher-cost renewable fuels during a recession.

"It will be more difficult to meet the alternative fuel goals if oil prices keep falling and we are in a recession," said Phil Flynn, an oil analyst with Alaron Trading in Chicago.

Obama's plan is still far from implementation, noted Tim Evans, an energy analyst at Citigroup in New York.

"All of the details of whatever policy he wants will be heavily negotiated in the legislative arena," Evans said. "It's too early to give an opinion. This stuff has to get through a lot of committees."

Obama's economic warnings foreshadowed what could be a negative employment report on Friday, another analyst said.

"If job losses exceed 700,000, that will send a shudder through the markets, keeping a lid on energy prices, if not engender further losses," John Kilduff, senior vice president of MF Global in New York.

"The U.S. economy will need every bit of the stimulus outlined by President-elect Obama," Kilduff said.

 
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