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  • Royal Dutch Shell To Focus on Biofuel
    04:54:53 am on May 31, 2008 | 0 | # |
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    Royal Dutch Shell,recently outlined its strategy to address the global increase in demand for energy.Jeroen Van Der Veer,Chief Executive, Royal Dutch Shell highlighted that hydrocarbons ,alone would be unable to cater to global energy demand.He also anticipated unconventional and renewable energy sources to play a role in Shells energy portfolio in the coming years.Specifically he said that Shell would focus on second generation biofuels ,in addition to wind and solar technology.Linda Cook ,Executive Renewable Energy, Shell, further added that Shell had a unique advantage in pursuing biofuel technology.She highlights that Shell would able to effective leverage its established logistics infrastructure of liquid fuels ,for biofuels as well.

    Vand Der Veer , expects hydrocarbon based fuels to play a dominant role (80%) in the total energy consumption at least till 2025.It hence seems logical that  Shell would rather focus on enhancing technology for hydrocarbon based fuel extraction and processing in the coming years,rather than developing any new alternate energy source.

     

  • Largest US Installer of Solar Energy Goes Public
    02:00:07 am on May 9, 2008 | 0 | # |
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    real_goods_rsol Real Goods Solar (RSOL), a subsidiary of Gaiam (GAIA), an environmentally friendly lifestyle products retailer went public today but the stock didn’t shine.  It closed well below the pricing of $10/share as it’s main competitor Akeena Solar (AKNS) reported awful results this morning, saying that the company lost more than 4 million, a much larger loss than expected despite nearly doubling revenues.  Real Goods is profitable and has been around for many years, so probably the better play in this space.

     

  • General Electric (GE) A Cleantech Behemoth
    03:13:35 am on April 28, 2008 | 0 | # |
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    Good post at the Cleantech Blog regarding GE’s growing dominance in everything green energy..

    In the past few years they have purchased Enron Wind making them one of the top 5 wind players overnight, purchased a leading gas engine manufacturer making them an overnight leader in small clean power systems, acquired one of the top 5 solar companies in 2004 (Astropower), in 2005 acquired one of the largest water technology businesses (Ionics) assuring a leadership position in water purification which will be huge in the coming years.  I agree with the author that a spinoff of one of these would create a big time IPO.