Egypt unrest may push oil above $110: Kuwait official

Global oil prices could exceed $110 a barrel if political unrest in Egypt continues, a member of Kuwait’s Supreme Petroleum Council said on Sunday. Oil prices have spiked due to tension in Egypt. Brent crude hit $100 per barrel for the first time since 2008 on fears instability could spread through the Middle East, which together with North Africa... 

Ecotech Institute Opens Its Doors to New, Progressive Facility in Aurora

Ecotech Institute, the first and only college focused entirely on preparing America’s workforce for careers in renewable energy and sustainable design, today announced that students are now taking classes in its brand new facility. Located at 1400 South Abilene Street in Aurora, the school has transformed a vacant, large-footprint building into... 

ENER1 Shareholders Appoint Four New Directors to Board

ENER1, Inc. a leading manufacturer of lithium-ion energy storage systems for transportation, utility grid and consumer electronics applications, today announced that its shareholders have approved the appointment of four new members to its board of directors. The new directors are Nora Brownwell, Wilber James, Greg Kasagawa and Stanislav Shekshnia.... 

Business and Environmental Groups Unite in Support of Climate Legislation

Exelon Chairman and CEO John W. Rowe and Natural Resources Defense Council President Frances G. Beinecke today urged Midwest business leaders to support comprehensive climate legislation. In a panel discussion at the Economic Club of Chicago, Rowe and Beinecke said economy-wide cap-and-trade legislation to reduce greenhouse gas emissions is essential... 

Offshore wind power to contribute to Europe’s economic recovery

The European Commission recognised offshore wind energy as a key technology in Europe’s attempt to stimulate the Union’s economies. The European Wind Energy Association (EWEA) considers that the €500mn in “smart investment” to specific offshore projects that the EC has earmarked is money well spent. All projects are in an advanced stage of... 

Welwind Announces Final Approval for Zhanjiang Wind Farm PPA From Local Government

Welwind Energy International Corp. announces that it has received a letter of final approval from the local regional Mayor for the Zhanjiang Power Purchase Agreement (PPA). As per China’s Renewable Energy Law, the Power Purchase Agreement with the local utility is mandated by the central Government of China. Through this legislation, the State... 

European Commission announces first building-blocks of a future super-grid

The European Wind Energy Association (EWEA) welcomes the key role given to offshore wind energy in the European Commission’s Strategic Energy Review (SER) published this morning, and above all its commitment to publish a Blueprint for a North Sea offshore grid. With 1, 486 MW of capacity currently installed offshore and 30, 882 MW more capacity... 

Renewable Choice Energy Launches First-Of-Its-Kind Product: ‘GREEN YOUR PHONE’

As the environmental impact of conventional energy production and electricity consumption continues to be a growing concern with Americans, Renewable Choice Energy has developed GREEN YOUR PHONE, a first-of its-kind retail product which enables cell phone users to offset their mobile device’s electricity use with wind power. GREEN YOUR PHONE allows... 

Rising Oil Prices and Energy Security Issues Heighten Interest in Fuel Cell Electric Vehicles

Increasing oil price and growing concerns over energy security are helping accelerate the development and commercialization of fuel cell electric vehicles (FCEVs). Federal and local governments have been proactively funding fuel cell technology and in the medium term, there would be rigorous developments in fuel cell technology, standardization of production... 

Bruce Power to Conduct Environmental Assessment for Nuclear Generating Station in Haldimand-Norfolk

Bruce Power is pleased to announce it will conduct an Environmental Assessment (EA) as it considers building a nuclear generating station in the Haldimand-Norfolk region of southern Ontario. The assessment, which could take nearly three years to complete, will examine the environmental and social impacts of building two reactors to generate between...