Wednesday, May 30, 2007

Hawaiian Electric gets solar Powered!

HONOLULU (AP) _ Hawaiian Electric Company says it plans to negotiate to buy solar power from Hoku Solar Incorporated, a subsidiary of local high-technology start-up Hoku Scientific.

Under the proposed deal, Hoku Solar would provide the electric utility with solar power from a system it would install on the roof of Hawaiian Electric's Archer Substation on Ward Avenue.

The project would be one of the largest solar power systems on Oahu.

Hoku Solar would own and operate the system and charge HECO a fixed rate for the solar power over 20 years. The utility would have the option to buy the system after five years.

Hoku Scientific's shares jumped 42 cents, or almost 10 percent, to four dollars, 69 cents on the news.

(Copyright 2007 Associated Press. All rights reserved)

Monday, May 28, 2007

A new renewable energy information resource.

Winning Team Launches The Renewable Energy Centre

A new renewable energy information resource.

Via PRWEB Newswire.

The website, The Renewable Energy Centre has been established by the winning team already responsible for one of the UK's busiest property portals, Email 4 Property.

The website is targeted at homeowners who want save money on energy bills and for commercial companies looking to improve cash flow and reduce their carbon footprint. It also provides an invaluable source of new business for companies supplying products and services in this emerging sector.

Entrepreneur Richard Simmons, who was behind the success of Email4Property which now sees over 1 million visitors a month, is convinced this new venture will also become one of the most accessed websites in the UK as he explained;

"I was investigating installing Solar Water Heating for my family home and realised that there was no comprehensive point of reference where I could find the information and contacts I needed. With so much focus on global warming it was obvious that there was a huge gap in the market for this kind of website. We are very excited about how the website will serve both people and businesses and help to accelerate the use of renewable technology within the UK."

A website launched this week is the first of its kind in the UK and is set to lead the way as a primary source of information and reference for renewable energy. The website is targeted at homeowners who want save money on energy bills and for commercial companies looking to improve cash flow and reduce their carbon footprint. It also provides an invaluable source of new business for companies supplying products and services in this emerging sector.