Economic Meltdown Temporarily Restrains Growth in the Middle East Water and Wastewater Treatment Equipment Markets, Finds Frost & SullivanDUBAI, United Arab Emirates - The market for water and wastewater treatment equipment in Gulf Cooperation Council (GCC) countries experienced rapid growth during 2008 driven by huge investments in infrastructure, real estate, petrochemicals, oil and gas and other sectors. However, the sub-prime mortgage crisis that hit western economies changed the business climate and there was a considerable decline in demand for most commodities. Crude oil prices plummeted to about $50 per barrel from a historic high of $145 per barrel, making investors wary of funding new projects. Hilton Hotel and GlaxoSmithKline Take Energy-Efficient Measures by Installing 7,000 M Squared of Luxasolar Window FilmSINT-NIKLASS, Belgium - - Energy Savings in Winter and Summer for a Smaller Ecological Footprint ARCADIS Plans to Merge With Malcolm Pirnie, Creating a Major Position in the Global Water MarketAMSTERDAM - ARCADIS (EURONEXT: ARCAD), the international consultancy, design, engineering and management services company, announced today that it has signed a merger agreement to acquire 100% of the shares of Malcolm Pirnie, a White Plains, New York based company predominantly active in water and environmental consulting and engineering, currently owned by about 80 internal shareholders. At closing, Malcolm Pirnie will be a wholly-owned subsidiary of ARCADIS U.S. Malcolm Pirnie has more than 1,700 employees, 2008 gross revenues of $392 million (EUR280 million), net revenues of $294 million (EUR210 million) and profitability close to ARCADIS overall target EBITA margin of 10%. Aluminum Industry Continues to Add Value to a Greener EuropeBRUSSELS - - Material’s Unique Benefits and 10+ Years of Progressive, Sustainable Thinking Paying Off for European Consumers BASF Podcast: Option for Climate Protection - Gas Scrubbing Captures CO2 From Flue GasesLUDWIGSHAFEN, Germany - In this podcast you will learn how BASF is developing technologies with which CO2 can be separated out from flue gases. Canadian Solar to Offer Six Year Product WarrantyTORONTO - Canadian Solar Inc. (”the Company”, “Canadian Solar” or “we”) (Nasdaq: CSIQ) today announced it would offer a six year warranty on module material and workmanship, extended from two years previously. Under this extended warranty, Canadian Solar warrants its standard solar module products, which account for more than 90% of the Company’s production, to be free from defects in materials and workmanship for a duration of 72 months from the date of delivery (EX-work). Some of the company’s off-grid and specialty solar products may carry different warranty terms. ZigBee(R), HomePlug(R) Alliances Previews Future Direction of Smart Energy HAN StandardSAN RAMON, California and PORTLAND, Oregon - - Smart Energy is Key Smart Grid Standard and Champions Consumer Control The New Economy Energy & Environmental Awards 2009LONDON - The New Economy is pleased to announce the winners of its 2009 Energy & Environmental Awards, recognising excellence in the winners’ respective fields, including innovative use of technology and achievement in other specific areas. The award winners were: The REPREVE(R) Recycled Fiber Family Just Keeps GrowingGREENSBORO, North Carolina - REPREVE now available with 100% Post-Consumer PET Bottles Unifi, Inc. (NYSE: UFI) continues to grow its family of REPREVE recycled products with the introduction of a new fiber made from 100% post-consumer PET bottles. The new addition offers a 100% post-consumer option to the brand’s well known 100% hybrid blend, which combines pre-consumer and post-consumer content. Sugarcane as a Key Element Against Global Warming to be Highlighted at Green Week in BrusselsSAO PAULO - What does sugarcane have to do with Global Warming? Everything, when you consider Brazil’s highly successful, 30-year experience with sugarcane as a feedstock for ethanol. In place since the mid-70s, the largest program in the world to replace a fossil fuel with renewable energy has saved some 600 million tons of greenhouse gas (GHG) emissions. It would take 20 years for six billion trees to achieve the same results. United Nations and Marketing Industry Leaders Launch “Hopenhagen”CANNES, France - - Global Campaign to Harness Action around the UN Climate Change Conference Tauw is Training Kyrgyzstan, Tajikistan and Uzbekistan to Clean up PesticidesDEVENTER, The Netherlands - Tauw has been commissioned by the World Bank to be a consultant in how to approach old pesticides and organic contaminations that are difficult to decompose (POPs) in Kyrgyzstan, Tajikistan and Uzbekistan. The consultants at Tauw will take care of the transfer of knowledge about drawing up an inventory and how to deal with the old storage places of these toxic substances. The contract was signed on June 3. IFP and ENEL Sign a Cooperation Agreement in the Field of Post-Combustion CO2 CaptureRUEIL-MALMAISON, France - IFP and ENEL have just signed a memorandum of understanding to test the first-generation post-combustion capture process, developed by IFP, on a pilot unit to be built by ENEL at the coal-fired power station in Brindisi (Italy). NOV Mono(R) and Water For All Bring Clean Water to Rural African CommunitiesJOHANNESBURG - NOV Mono(R), a worldwide leader in the design and manufacture of pumping systems, and Water For All, a non-governmental organisation that provides access to clean drinking water to schools and communities across Africa, have partnered to provide green solutions to the world water crisis. Ecolaboration(TM) Initiative Directs Nespresso to Sustainable SuccessBARCELONA - Commitment to Ambitious Coffee, Capsules and Carbon Sustainability Targets Nestlé Nespresso SA today launched Ecolaboration(TM), a platform for partnership with key stakeholders to improve the sustainability throughout the Nespresso value chain. With the launch the company extends its commitment to three major targets that will significantly enhance its sustainability performance by 2013. Through Ecolaboration(TM), Nespresso will consolidate and extend all of Nespresso’s sustainability efforts in coffee, capsules, machines, together with its overall operations, into a single concerted program. Valeo Research Projects for Low-CO2 Vehicles Supported by French Environment Agency ADEMEPARIS - The French environment agency ADEME is supporting Valeo research projects. Two projects for low-CO2 vehicles, which have received 6 million euros in funding from ADEME, were presented yesterday at the French Sustainable Development Ministry: Schweighofer Prize 2009 Presented in ViennaVIENNA, Austria - Innovative Contributions for a Prosperous European Forest-Based Sector On June 18, 2009, the Schweighofer Prize, the European innovation award for the forest-based sector, is presented for the 4th time at the Vienna City Hall. Almost 500 guests from over 30 different countries will honour 7 winning teams, who will share euro 300,000 in prize money. TRX Expands Access To Industry Leading Airline Carbon Emissions Tracking ServiceATLANTA - Free Service Opportunity For Companies Seeking Reliable Insight Into Air Travel-Related Carbon Emissions UAE First Country to Ratify IRENA StatuteABU DHABI, United Arab Emirates - Leaders from five continents back UAE’s offer to world’s first international renewable energy agency Wind Power Works: Global Wind Day Reaches Tens of Thousands of PeopleBRUSSELS - On 15 June, tens of thousands of people from around the world joined in celebrating the enormous benefits of wind power during the first ever Global Wind Day. “Wind energy is a driving force for climate protection, economic development and the creation of future-proof jobs”, said German Environment Minister Sigmar Gabriel. “The Global Wind Day 2009 demonstrates the enormous potential of wind energy to the public.” Prince Albert of Monaco Says Luxury Brands Should be More Socially ResponsibleMONACO - Prince Albert II, ruler of the principality of Monaco, revealed his views on sustainable luxury to Fiona Sanderson of The Luxury Channel this week at the FT Business of Luxury Summit. Franco-Brazilian Seminar Unites Intellectuals, Managers and Researchers to Debate New Sustainability ModelsSAO PAULO and PALMAS, Brazil - In the context of Brazil’s “Year of France”, the seminar will include philosopher Edgar Morin, one of today’s most important thinkers, and paleontologist Michel Brunet, who discovered the oldest human fossil Breakthrough Thin-Film Technologies to Dominate the Solar Power Sector, Notes Frost & SullivanLONDON - Frost & Sullivan to Host Analyst Briefing on Copper Indium Gallium Selenide (CIGS) Solar Cells on Thursday, 25 June 2009, at 16.00 BST Rare Earth Supply Under the MicroscopeLONDON - Fifth International Conference on Rare Earths, Hong Kong 17-19 November 2009 There have been some radical changes in the rare earth industry over the last twelve months. In the short term, the downturn in the global economy has led to the price of key rare earth oxides such as neodymium falling by more than 50%, as well as temporary plant closures. ‘Poo Power’ Gets the Green LightMANCHESTER, England - First Use of Biogas to Supply UK Gas Grid - With Photo The people of Manchester will soon be contributing to a green energy revolution - just by flushing the loo! ARCADIS Launches Another Large Landfill Gas Project in BrazilAMSTERDAM, The Netherlands - ARCADIS (EURONEXT: ARCAD), the international consultancy, design and engineering company, announced the opening of the third large landfill gas (LFG) plant near Rio de Janeiro, Brazil, named Novo Gramacho. The opening coincided with the celebration of the International Environmental Day. The new plant will consolidate the leading market position of Biogas, a company in which ARCADIS Logos holds 33%. In 2004, Biogas opened the Bandeirantes landfill gas project, followed by the Sao Joao project in 2007, both near Sao Paulo. Sir Paul McCartney Calls for MEAT FREE MONDAY to Help Slow Climate ChangeLONDON - Sir Paul McCartney, with his daughters Mary and Stella, is launching a new food campaign - MEAT FREE MONDAY - on Monday 15th June, which encourages people to help slow climate change by having one meat free day a week. Trane Leader Joins Forbes Chief Executives Panel in Scotland to Make Business Case for Energy EfficiencyPERTHSHIRE, Scotland - As global energy usage is projected in 2030 to have risen 60 percent from 1980, CEOs of global corporations are increasingly looking for solutions to reduce energy consumption and to build a financially-driven business case to do so.(1) From Kyoto to Copenhagen: Danish Ambassador Attends 5th Anniversary Event of Japanese ‘Cool Biz’ Campaign in KyotoKYOTO, Japan - On May 31, 2009, the Japanese Ministry of the Environment (MOE) held a publicity event for the ‘Cool Biz 2009′ campaign in Kyoto, the first such event in Kansai (the western district of Japan) in its 5-year history. Since the campaign kicked off in 2005, workers have been encouraged to limit the use of air conditioning and wear casual clothes such as short-sleeved shirts without jackets or ties. This year, the MOE aims to expand the movement from the business scene to everyday lifestyles, using various knowledge and ideas, to stay comfortable in 28 C rooms. Bathing Water Quality Improving in the EUBRUSSELS - The annual bathing water report presented today by the European Commission and the European Environment Agency reveals that the large majority of bathing sites across the European Union met EU hygiene standards in 2008. During that bathing season some 96% of coastal bathing areas and 92% of bathing sites in rivers and lakes complied with minimum standards. The report provides useful water quality information for the millions of people who visit Europe’s beaches every summer. Nuvera to Deliver Fuel Cell Power Systems and Hydrogen Refueling Station to H-E-BBILLERICA, Massachusetts - Nuvera Fuel Cells announced today the sale of 14 PowerEdge(TM) fuel cell systems, along with a complete PowerTap(TM) Hydrogen Generator and Hydrogen Station, to H-E-B in San Antonio, Texas. The fuel cell units will power Class II forklift trucks used for the company’s distribution center operations. Delivery is scheduled for September, 2009. Partial funding is being provided by the Department of Energy’s hydrogen and fuel cell market transformation initiative. ITC’s Unique Social Forestry Project Bags Carbon Credits for Poor TribalsKOLKATA, India - The CDM Executive Board of the United Nations Framework Convention on Climate Change has confirmed the registration of ITC’s unique and large-scale social forestry project - a first of its kind in India. Otis Elevator Company Recognized for Leadership in Environmental SustainabilityFARMINGTON, Connecticut - LEED(R) Gold awarded to Otis facility in China The U.S. Green Building Council (USGBC) recognized Otis Elevator Company today for its leadership in environmental sustainability. Otis is a unit of United Technologies Corp. (NYSE: UTX). Workshop: Wind Energy - The Facts - Integrating Wind Power in HungaryBUDAPEST - 12 June 2009 - Radisson SAS Béke Hotel - Budapest, Hungary The European Wind Energy Association (EWEA) and the Hungarian Wind Energy Association (HuWEA) are pleased to invite you to a workshop exploring the untapped wind power potential in Hungary and issues related to the further development of this power-generating technology in the country. EPV Solar Announces the Successful Completion of Its Private Debt Exchange Offer and Consent Solicitation Relating to Its 8% Convertible Senior Secured Notes Due 2010ROBBINSVILLE, New Jersey - EPV Solar, Inc. (the “Company”) today announced that it has successfully completed its private offer to exchange all of its 8% Convertible Senior Secured Notes due 2010 (the “Old Notes”) for new 1% Convertible Senior Secured PIK Notes due 2016 (the “New Notes”), shares of its common stock and warrants to purchase shares of its common stock (the “Exchange Offer”), and the related consent solicitation. As part of the Exchange Offer, holders of all of the Old Notes (representing approximately US$115 million in accreted value) exchanged such notes for the Company’s New Notes, common stock and warrants. Including the US$7.5 million of New Notes sold to investors in a concurrent financing, the Company now has approximately US$48 million in aggregate principal amount of New Notes outstanding. |
