S&P 500 eyes best week in nine

Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks. Signs of improvement in the economy and strong corporate earnings have propelled stock prices but tapering volume, meager gains and declining numbers of... 

Philadelphia University and MAG Establish New Composites Institute to Develop Textile-Based Composites for Industrial Applications

Philadelphia University and MAG are establishing the Philadelphia University MAG Composites Institute for research and development of new textile-based composites that could have wide application in industry, including the aerospace, automotive and energy sectors. The new research institute will be funded in part by $1.1 million from MAG, whose chairman... 

Teams Prepare for Round Two in the 2010-2011 Clean Energy Prize Competition

Ideas for new green-energy businesses ranging from a credit card bonus points program to fund renewable energy projects to a speed bump that generates electricity for roadside electronics will go head to head Jan. 21 in Round-2 competition for the 2010-2011 Clean Energy Prize. The competition, presented by DTE Energy and the University of Michigan... 

Cetrel and Novozymes to Make Biogas and Electricity from Bagasse

Cetrel, the largest provider of environmental solutions for the manufacturing industry in Latin America, and Novozymes, the world’s leading producer of industrial enzymes, today announced a research partnership to turn sugarcane waste into green energy. Using Cetrel’s know-how in waste-stream treatment and Novozymes’ biotech expertise, the partners... 

U.S. Department of Energy Awards Momentive $4.5 Million Grant

Momentive Performance Materials will receive $4.5 million in funding from the U.S. Department of Energy (DOE) to continue the development of breakthrough technology for the low cost production of light emitting diodes (LEDs) used in solid state lighting (SSL) and for increased LED light source performance. LED lights can consume 75 percent less energy... 

Aspen Aerogels Delivers Aerogel Insulation to Technip for Subsea Natural Gas Pipeline in Brazil

Aspen Aerogels has completed delivery of Spaceloft advanced thermal insulation to Technip for a 21-kilometer subsea natural gas pipeline off the coast of Brazil. Technip is building the rigid pipeline for the Brazilian state-run oil company Petrobras. The line will connect the Canapu field (1,700 meters deep) to the Cidade de Vitoria floating production... 

Imara Corporation Introduces Advanced Lithium-Ion Battery Technology for High-Power Applications

Imara Corporation, a research, design and manufacturing company that has developed next generation lithium-ion battery technology, today officially launched and announced its plan to deliver U.S.-based energy storage solutions. Imara’s patented and proprietary battery technology breaks through current barriers of performance and energy capability,... 

Global Solar Leaders and UNEP Outline Central Role for Solar in Climate Solution at United Nations Climate Change Conference in Poland

Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations... 

Lockheed Martin Solar Power Testbed Will Foster Technology and Production Innovation

Lockheed Martin broke ground for a solar power testbed to support its entry into the utility-scale renewable power generation market. The Solar System Test and Engineering Site (SolSTES) Array testbed in southern New Jersey will provide Lockheed Martin engineers the opportunity to integrate and test a variety of solar technologies and materials selected... 

Advanced Cellulose Ethanol Development

Swedish researchers at Taurus Energy, SEKAB, Chalmers Technical University and the University of Lund have signed an agreement on development and large scale implementation of a new improved bio-technical process for production of ethanol from lignocellulose feedstocks. The development is based on Taurus’ yeast technology for fermentation of both...