Cree. Inc has entered a patent licensing agreement with Mistsubishi Chemical Corporation for its freestanding GaN substrate technology. Under the terms of the agreement, Mitsubishi Chemical Corporation will be able to manufacture and sell GaN substrates as well entering in to some sublicensing agreements in exchange for paying royalties and other payments to Cree.
Steve Kelley, Cree’s CEO, commented on the deal:
"Cree is pleased to enter into this license agreement with MCC, a well-known
I’m back from vacationing in Troncones, Mexico and looking forward to bringing you the latest in alternative and renewable energy stocks in the coming year! Thanks for all the comments from visitors in the 6 months since this site was launched. . my goal is to continue to push forward and make GreenStocksCentral.com the #1 source for breaking news and tracking of green stocks with an increasing number of analysis coming in 2009.
First Solar has been chosen to supply Masdar Abu Dhabi Future Energy Co. with solar modules to help power Masdar City. First Solar will supply 5 megawatts worth of solar modules, which will be integrated into the Middle East’s largest grid-connected PV system.
The system will provide energy for Masdar City, which strives to be the world’s first carbon-neutral, zero waste, car-free city powered entirely by renewable energy sources. Construction has begun,
Applied Materials, Inc, announced that its SunFab solar modules are now IEC-Certified. The certification shows that the modules have been tested to withstand extreme environmental conditions and should reduce the time it takes to put the modules on the market.
Dr. Randhir Thakur, Senior Vice President, General Manager, Applied Materials’ SunFab Thin Film Solar and Display Business Group, commented on the certification, saying
“IEC certification is recognized around the world as the gold standard for
Green Plains Renewable Energy just announced a third-party marketing deal with Bushmill’s Ethanol, Inc. The company operates an ethanol plant in Atwater, Minnesota which produces about 55 million gallons of ethanol per year. According to TradingMarkets.com, Green Plains Renewable Energy also "claimed it plans to produce, market and/or distribute approximately 635 million gallons of ethanol annually, which is equivalent to approximately 6% of the US’ total ethanol demand."
Cree, Inc, announced that the University of California, Davis, has joined Cree’s LED University program. The college has installed a Bi-Level "Smart" Parking Light System From Cree at its South Entry Parking Structure. By installing the 50 BetaLED light fixtures, the University will achieve an average of 50 percent in energy savings.
Chris Cioni, associate director of UC Davis facilities management, utilities division, commented on the new lights:
"With LED lighting, we are improving visibility … Read the rest
Capstone Turbine Corporation just announced that it has received the UTC Supplier Gold Award from UTC Power. Here’s what top executives from each company had to say about the award:
Richard O’Donnell Jr., UTC Power’s Director of Supply Chain Management, said, “Capstone is among a select group of suppliers being recognized for its performance in the areas of Quality, Delivery, Lean manufacturing and Customer Satisfaction.”
“We are very pleased and honored to receive this recognition
AES Corporation has received approval from the Federal Energy Regulatory Commission for its Sparrow’s Point LNG Terminal, despite the environmental concerns that have generated opposition from the Department of Fish and Wildlife and The Army Corps of Engineers.
CNNMoney.com has details on the story:
In a press release, FERC said it would impose 169 mitigation conditions on the project, based on recommendations by FERC’s environmental staff. With these conditions, the project "would have mostly limited
FPL Energy Services, a subsidiary of FPL Energy Group, announced yesterday that it just won a $5 billion contract with the federal government. FPL Energy Services will help the government meet goals related to conserving water, reducing energy use, and switching to renewable energy.
Working with Solar Power Partners, Inc, Akeena Solar announced the completion of a 385-kilowatt solar power installation in San Francisco. The system is San Francisco’s largest commercial solar power installation to date. Akeena Solar provided the system itself, and Solar Power Partners developed and financed the project. Solar Power Partners will also operate the system and sell the power it generates to the site owners.
Barry Cinnamon, Akeena Solar’s CEO, commented on the installation: