energy roundup: centrica buys be stake, cleantech vc funding tumbles, chevron's pr offensive, and more - energy storage system price
Centrica buys 20% of British Energy-
The UK utility center has increased its investment in nuclear power by acquiring a 20% stake in French power company British Energy.
Centrica has benefited a lot from this discount deal by paying 6% less than EDF paid earlier this year.
In an incidental transaction, Centrica sold a 51% stake in its Belgian utility to French electric power. [
Source: Guardian
63% venture capital in first quarter clean technology diving-
Cleaning Technology in the United StatesS.
Venture capital shrank to $0. 277 billion in the first quarter, down 63% year on yearearlier period.
Energy storage was the only bright spot, with investment in companies developing the technology more than doubled in the first quarter to $0. 114 billion. [
Source: VentureBeat, tech blog]
Chevron faucet
Reporter's report on "60 Minutes" of environmental litigation-
Chevron hired a former CNN reporter to produce a report that raised public relations to a new level for the planned "60 Minutes" news report on the oil company
Chevron faces a $27 billion lawsuit over alleged pollution and failure to clean up the Ecuadorian rainforest, which posted its project on the Internet three weeks before the news magazine released its report. [
Source: New York Times
Rentech produces diesel and electricity in planned wasteto-biofuel plant --Los Angeles-
Rentech plans to generate 35 MW of electricity and produce 600 barrels of ready-made electricityto-
In California's new Rialto, diesel is used every day.
Is expected to 2012 before put into operation.
The Rentech plant will convert waste into synthesis gas using SilvaGas technology.
Rentech uses its own technology, as well as the technology developed with honeywell, to eventually convert synthesis gas into fuel. [
Source: Greentown Media]
Google Cloud service cut-off missing Connecticut mom Virginia Beach shooting protesters cut-off Harris China is the world's leading maker of clean coalfired plants --
China has become the world's largest consumer of coal and thus the world's largest emitter of greenhouse gases.
But it is also building cleaner and more efficient coal-fired power plants. -
At a rate of one month. -
More than any other country. [Source: NYT]--
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