The global economic turmoil has started having an impact on the wind energy industry in Europe. Some companies are cutting down forecasts and production for 2009 and the market is showing the first signs of slowdown. “The current economic situation is slowly affecting the wind energy industry,” remarks Frost & Sullivan Research Analyst...
Gensets companies are making a number of strategic alterations as market dynamics begin to shift. Greater focus is being placed on developing regions, where the bulk of new opportunities will be concentrated, as well as on providing gensets that comply with current and impending emission regulations. The increasing emphasis on eco-friendly power generation...
Frost & Sullivan’s Energy & Power Systems practice in Asia Pacific will host an analyst briefing via webinar on Energy Management in Oil Refineries on November 18th 2008 at 11:00 hrs (GMT +08:00hrs) Singapore time. 2008 has been the most dramatic and dynamic year for global energy prices. The volatility of oil prices has demanded agonizing...
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...
The global financial turmoil of the past few months has interrupted the outstanding growth pattern of the Russian Generator Set market, making the future hard to predict. The question now is, “Are we experiencing a hiccup or is this stall going to define this market in the future?” Certainly, the trend until this summer has been strong market...
Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world’s electricity needs. The value of worldwide electricity revenues from wave and tidal stream projects could ultimately be between...
Solar is poised for continued impressive growth, with new installations primed to increase nearly five-fold from 2008 to 2013. Starting in 2009, however, supply will exceed demand, leading to price decreases. According to the new report from Lux Research entitled “Solar State of the Market Q3 2008: The Rocky Road to $100 Billion,” this change will...
Brazil is increasingly turning to alternative power generation fuels such as biomass in order to increase electricity supply and reduce its dependence on hydropower. Biomass power represents around 4.1 percent of the total installed capacity in Brazil at present and most biomass cogeneration is based on sugarcane bagasse. At present, sugarcane bagasse...
Neah Power Systems, Inc., a leading developer of fuel cells for military, industrial and consumer portable electronic devices, announced today that it has created a strategic partnership with IceMOS Technology Ltd. to utilize the company as its starting substrate supplier. This partnership allows Neah Power to leverage the Engineered Substrate manufacturing...