August 23, 2011

ABB wins $1 billion order for offshore wind power connection for North Sea Power To Germany Grid

August 23, 2011 No Comments

Green living news alert! ABB, the leading power and automation technology group, has won an order worth around $1 billion from the Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the German mainland grid. Talk about renewable energies for your home!!!
This green business deal is the largest power transmission order in ABB’s history. It will deploy the world’s largest offshore HVDC (high-voltage direct current) system with a rating of over 900 megawatts (MW), keeping electrical losses to less than 1 percent per converter station. The completed link will be capable of supplying more than 1.5 million households with clean wind-generated electricity. Now this is Wind Power For Your Home like you never saw it ever before people!!

CalSTRS to be First to Use Breakthrough Online Solution Providing Financial Professionals with Performance Data Based on Major Environmental Criteria

August 23, 2011 No Comments

In a major step forward for investment analysts, the extensive environmental performance data available from Trucost will now be accessible for the first time over FactSet. This will allow investors to seamlessly embed environmental risk management into their everyday decision making, alongside traditional financial metrics.
The new partnership creates an integrated approach to analyzing the environmental performance and associated financial risk of all companies across the major investment indices, including carbon, water, waste, pollution and natural resource dependency.

Canada’s Environment Minister Announces Important Step Towards Reducing Electricity Sector Emissions

August 23, 2011 No Comments

Canada’s Environment Minister Peter Kent announced that the Government of Canada is moving forward with Regulations for the coal-fired electricity sector.
“Our strategy to lower our emissions is based on making improvements sector by sector to sustain our economy and protect our environment,” said Minister Kent. “We are taking action in the electricity sector because we recognize the potential for significant emissions reductions. We are committed to build on our strength in the electricity sector and to lead the world in clean electricity generation.”
These proposed Regulations will apply a stringent performance standard to new coal-fired electricity generation units and those coal-fired units that have reached the end of their economic life. This will help reduce greenhouse gas emissions and improve air quality for all Canadians for generations to come.

Ford Plus Toyota Collaborate Developing New Hybrid System

August 23, 2011 No Comments

Ford Motor Company and Toyota Motor Corporation – the world’s two leading manufacturers of hybrid vehicles – today announced they will equally collaborate on the development of an advanced new hybrid system for light truck and SUV customers.
Both companies have been working independently on their own future-generation rear-wheel drive hybrid systems. The two now have committed to collaborate as equal partners on a new hybrid system for light trucks and SUVs. This new hybrid powertrain will bring the full hybrid experience of greater fuel efficiency to a new group of truck and SUV customers without compromising the capability they require in their vehicles. Ford and Toyota believe that their collaboration will allow them to bring these hybrid technologies to customers sooner and more affordably than either company could have accomplished alone.