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The American Institute of Architects Select the 2015 COTE Top Ten Green Projects

The American Institute of Architects (AIA) and its Committee on the Environment (COTE) have selected ...

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ExxonMobil Earns $4.9 Billion in First Quarter of 2015

By WoR Network Editor Exxon Mobil Corporation today announced estimated first quarter 2015 earnings of ...

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When is Renewable not Renewable?

By WoR Network Editor I. Introduction Over the past fifteen years, many states—twenty-nine at last ...

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Renewables Beat Fossil Fuels Second Year in a Row

By WoR Network Editor Start spreading the news: The world is now deploying more renewable ...

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GPTech supplies inverters for 35 MW PV plant in Honduras

By WoR Network Editor GPTech, a global expert in grid integration solutions, will provide its ...

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Exxon Mobil Corporation today announced estimated first quarter 2015 earnings of $4.9 billion, or $1.17 per diluted share, compared with $9.1 billion a year earlier, demonstrating the value of the company's integrated businesses in a lower commodity price environment. “ExxonMobil's balanced portfolio delivered solid financial results in the quarter,” said Rex W. Tillerson, chairman and chief executive officer. “Regardless of current market conditions, we remain focused on business fundamentals and competitive advantages that create long-term shareholder value.” During the quarter, ExxonMobil produced 4.2 million oil-equivalent barrels per day, an increase of 97,000 barrels per day over the first quarter of 2014. Volumes Read More >>
Fri, May 01, 2015, Continue reading at the source
I. Introduction Over the past fifteen years, many states—twenty-nine at last count—have adopted renewable portfolio standards (RPS) as a means both to reduce their dependence on imported fossil fuels and to combat climate change.[1] To comply with these standards, electric utilities must demonstrate that a significant minimum percentage of their supply portfolios will consist of renewable resources by the various target dates specified in state law.[2] Most states affirmatively describe what counts as renewable resources—wind, geothermal, and solar energy are commonly referenced in RPS legislation.[3] But some state RPS laws also contain negative Read More >>
Fri, May 01, 2015, Continue reading at the source
Start spreading the news: The world is now deploying more renewable energy in the production of electricity—more wind and solar power, in particular—than it is fossil fuels. And it has been since 2013, according to the analysts at Bloomberg New Energy Finance. That year, the world added 143 gigawatts of new renewables capacity, compared to the 141 gigawatts of power generated by coal, natural gas and oil combined. Not only that, but by 2030, we'll likely add a whopping four times as much renewable energy generating capacity as fossil fuel capacity, the Bloomberg folks say. “The electricity system is shifting to Read More >>
Fri, May 01, 2015, Continue reading at the source
GPTech, a global expert in grid integration solutions, will provide its inverter stations to Marcovia Fase I, after succeeding an agreement with Grupo Ortiz, which is in charge of the facility construction and maintenance. This new installation will reach 42,38 MWp under optimal operating conditions, avoiding approximately 40.000 Tm of CO2 per year. In order to achieve these goals, the company will develop 24 GPTech APIS solutions. Each APIS (Advanced Power Integrated Station) consists of 40-foot container including necessary power conversion equipment (PV-WD inverters) and MV transformers among other elements. GPTech technology will allow the conversion and adaptation of the electric signal Read More >>
Fri, May 01, 2015, Continue reading at the source
29 April 2015, Szczecin. vortex energy Polska Sp. z o.o. (Limited Liability Company) having its registered office in Szczecin, a project development company, has acquired KWE Sp z o.o. (Limited Liability Company) (Konin Wiatr Energia). The enterprise is a joint venture company established in collaboration with a project development company, Global Wind Energy Sp. z o.o., and the second largest Polish brown coal mine operator, PAK Kopalni Węgla Brunatnego Konin S.A. Upon acquisition, vortex energy took over the following three planned wind farms from KWE: Kazimierz Biskupi, Jóźwin 2A and Jóźwin 2B located in Central Poland. Kazimierz Biskupi wind farm Read More >>
Wed, Apr 29, 2015, Continue reading at the source