Energy Archives

Houston, TX  (Profitable.com)  Shell Lubricants announced the recent arrival of its first shipment of gas-to-liquid (GTL) base oil at the Port of Houston. The high-quality product, the first from the Qatar-based Pearl GTL plant to reach the Americas, will be stored at a hub in Houston and routed to Shell Lubricants’ GTL-enabled blending facilities throughout the United States.

Shell Lubricants will use Pearl GTL base oil, a high-quality Group III base oil, in the manufacture of its premium motor oils.  Group III base oils are the foundation for formulating next-generation oils that address needs for improved energy efficiency, longer equipment life and reduced maintenance costs.

“The arrival of the first shipment of GTL base oil to the Americas is an extremely exciting event for Shell Lubricants and our customers,” said Lisa Davis, president, Shell Commercial Fuels and Lubricants, Americas.  ”This new base oil is another clear example of Shell Lubricants’ commitment to using technology and innovation to meet the growing demand for premium motor oils and to sustain our position as the world’s leading marketer of finished lubricants.”

Pearl GTL, a partnership between Royal Dutch Shell (“Shell”) and Qatar Petroleum, has built the world’s largest gas-to-liquids plant in Ras Laffan Industrial City, Qatar. The plant uses natural gas from Qatar’s North Field to manufacture high-quality base oils and other GTL products. Once the Pearl GTL plant is operating at full capacity, it will be one of the world’s largest sources of lubricant base oils with the capacity to produce about 30,000 barrels per day, enough to fill 225 million cars per year. Shell will be the only oil major capable of meeting all of its Group III base oil needs from internal sources.

Compared to typical base oils, which are refined from crude oil, GTL base oils represent an alternative starting point for the manufacture of finished lubricants. Within the range of commercially available base oils, Group III oils have high viscosity index, low volatility and good low-temperature fluidity and are often used to make synthetic motor oils. Shell GTL base oil usage will be an essentially invisible change to Shell Lubricants’ existing premium formulations, although in some cases lubricants using GTL base oil may appear lighter in color.

About Pearl GTL

Pearl GTL is a partnership between Qatar Petroleum and Royal Dutch Shell launched in July 2006.  Pearl comprises two offshore platforms, 60 km off the Qatar coast connected by pipeline to the largest gas-to-liquids (GTL) plant ever built.  Shell operates the Pearl GTL plant, which was developed under a Development and Production Sharing Agreement with the Government of the State of Qatar.  The plant was brought into production in May 2011 and converts the gas and oxygen to GTL wax. In the last step of the process, the waxes are cracked and distilled into finished GTL products.

To read more about Pearl GTL, please click here.

About Shell Lubricants

The term ‘Shell Lubricants’ collectively refers to the companies of Royal Dutch Shell plc that are engaged in the lubricants business. Shell Lubricants companies lead the lubricants industry, supplying more than 13% of global lubricants volume.(a) The companies manufacture and blend products for use in consumer, heavy industrial and commercial transport applications. The Shell Lubricants portfolio of top-quality brands includes Pennzoil®, Quaker State®, FormulaShell®, Shell TELLUS®, Shell RIMULA®, Shell ROTELLA® T, Shell SPIRAX® and Jiffy Lube®.

(a) Kline & Company, “Global Lubricants Industry 2010: Market Analysis and Assessment.”

Cautionary Note:

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made toRoyal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ”Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this press release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as “associated companies” or “associates” and companies in which Shell has joint control are referred to as “jointly controlled entities”. In this press release, associates and jointly controlled entities are also referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ”anticipate”, ”believe”, ”could”, ”estimate”, ”expect”, ”intend”, ”may”, ”plan”, ”objectives”, ”outlook”, ”probably”, ”project”, ”will”, ”seek”, ”target”, ”risks”, ”goals”, ”should” and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2008 (available at www.shell.com/investor and www.sec.gov).  These factors also should be considered by the reader.  Each forward-looking statement speaks only as of the date of this press release, November 23, 2011. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.

The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions.  We use certain terms in this press release that SEC’s guidelines strictly prohibit us from including in filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.

Santa Barbara, CA  (Profitable.com)  Lexus captured the highest Perceived Quality rating for alternative fuel vehicles with an overall PQS of 89.8 (out of 100), according to the Fall 2011 Perceived Quality Study (PQS) from ALG, a subsidiary of TrueCar, Inc. and the industry benchmark for residual values and depreciation data. Mercedes (88.8), Porsche (86.7), BMW (86.7) and Honda (85.6) rounded out the top five, respectively. Tesla (PQS 69.5) was the top brand for purely alternative manufacturers, but when stacked up against brands that sell both alternative fuel and gas-powered vehicles, the brand landed in the middle of the pack.

“That Lexus made a strong entrance into the survey and took the crown after not being a part of the 2010 survey for alternative fuel vehicles, is a testament to the brand’s overall reputation.  Given that perceptions often hold across the full spectrum of models a manufacturer produces, it’s not surprising that Lexus, which holds the top spot in the overall market survey, would also nab the top spot here,” states Eric Lyman, director, Residual Value Solutions, ALG. “Tesla’s relatively low ranking against brands that also produce gasoline-powered vehicles, along with low rankings for primarily alternative fuel brands overall, is likely due to the fact that these manufacturers are less well known and have not yet established a solid reputation with the public.”

For its PQS, ALG surveys approximately 3,000-4,000 U.S. consumers twice a year to gauge perceptions of a number of luxury and mainstream brands.  This is the second year the company has surveyed the public about alternative fuel vehicles.  Lyman continues, “Buyer perception of a brand can dramatically affect a brand’s entire lineup, either positively or negatively.  Our PQS is powerful intelligence for the retail automotive industry, especially in the new hyper competitive landscape of alternative fuel vehicles.”

Additional highlights from the survey include: in the alternative-only brands Fisker took the second spot with a PQS of 49.5, followed by Phoenix (44.8), Aptera (40.0) and Zenn (39.6).  Among brands that sell both alternative fuel and gasoline-powered vehicles, Jeep saw the largest upward movement (PQS 55.9) after ranking last in the 2010 survey.

The complete list with scores and details is available at: https://www.alg.com/pdf/pqs_2011_fall_alt_report_final.pdf.

About ALG

Based in Santa Barbara, California, ALG is a leading provider of data and consulting services to the automotive industry.  ALG publishes the “Automotive Lease Guide” – the standard for residual value projections in North America, and has been forecasting automotive residual values for over 45 years in both the U.S. and Canadian markets.

About TrueCar, Inc.

TrueCar, Inc. is an innovative automotive marketplace that benefits both buyers and sellers by providing a significantly better customer experience while helping qualified dealer partners to gain incremental market share and reduce costs. As a transparent, visual publisher of new car transaction data, TrueCar.com price reports help both dealers and consumers to agree on the parameters of a fair deal by providing an accurate, comprehensive and simple understanding of what others actually paid for the identically equipped new car over the last 30 days both locally and nationally.

TrueCar, Inc. works with a national network of over 5,000 Certified Dealers that provide up-front, no-haggle, competitive pricing to assist some of the nation’s largest and most well respected membership and service organizations to meet the auto buying needs of their members and customers. These partnerships include American Express, AAA, USAA and more than 60 others. Collectively these audiences represent over 1M in-market customers each month.

TrueCar, Inc. is headquartered in Santa Monica, CA and has offices in San Francisco and Austin, Texas.

Richmond, CA  (Profitable.com)  California based solar hot water equipment manufacturer Heliodyne has now received certification by The International Association of Plumbing and Mechanical Officials (IAPMO) on the Commercial Solar Station, otherwise known as the HCOM. This signifies a major milestone not just for Heliodyne, but for the solar water heating industry in general as the HCOM is the first commercial scale pre-assembled heat transfer appliance that carries the IAPMO certification.

The HCOM is a packaged closed-loop heat transfer appliance for accommodating large solar hot water projects of up to 100 flat plate collectors, while still larger projects can combine HCOMs in parallel for limitless sizing potential. The HCOM was engineered by Heliodyne in order to offer installers a factory assembled, plug and play appliance that can work universally with any commercial project reducing the design complexity and time associated with larger installations. “Commercial solar thermal systems can be complicated to the average solar professional or plumbing contractor. The HCOM eliminates a lot of the sizing and engineering guesswork making larger solar commercial projects an easier task.” comments Nicole Cusick, head Engineer at Heliodyne. “And now with the unit being IAPMO certified, the engineer and installer on the project as well as the inspector can trust that it has gone through rigorous testing and inspection to pass all UPC code compliances and requirements.”

The HCOM contains all major balance of system components that compromise a typical commercial solar water heating system. Some notable features of the HCOM include “plug and play” installation, touch screen interface, advanced controller for remote web based monitoring and data storage, single/double wall heat exchanger and integrated variable speed pumps for system energy optimization. “We’re seeing a growing demand in solar thermal commercial projects.” says Ole Pilgaard, President of Heliodyne. “We’re confident that with the simplicity of installing the HCOM, commercial jobs will not only be a simpler task for experienced installers, but also a viable option for less experienced installers new to commercial solar”

More information on the HCOM can be found at http://www.heliodyne.com or by calling the main office at 1.888.878.8750.

About Heliodyne

Established in 1976, Heliodyne has acquired a solid reputation of engineering and manufacturing quality solar water heating equipment for both residential and commercial applications. With offices and manufacturing facilities in Richmond, California, the company manufactures and assembles a variety of solar water heating products including the Gobi line of solar flat plate collectors and the Helio-Pak heat transfer appliances.

Heliodyne is the North American branch of SolarCAP, the active parent company of the VKR Group’s thermal solar energy business area, a holding based in Europe.

SolarCAP’s vision is to become the leading provider of sustainable energy solutions focusing on thermal solar energy – while at the same time making thermal solar energy the most environmentally sound and cost-effective source of energy.

SolarCAP is owned by VKR Holding, which is one of Denmark’s largest and most respected industrial investors, as well as owner and developer of companies that bring daylight, fresh air and a better environment into people’s everyday lives.

Beijing  (Profitable.com)  Air China, Boeing (NYSE: BA), and Chinese and U.S. aviation energy partners recently  conducted China’s first sustainable biofuel flight. The two-hour mainland flight from Beijing Capital International Airport was witnessed by officials from both countries and highlights the viability of using sustainable aviation biofuel sourced in China.

“Through our collaborative efforts with China we have found an incredible partner and place where national capability, innovation and technology come together in a remarkable way,” said Boeing China President Marc Allen. “This historic flight illustrates exactly how bilateral collaboration can help address environmental challenges, and we commend the Chinese for their leadership in helping to develop sustainable aviation solutions.”

PetroChina, working with Honeywell’s UOP, sourced and refined the China-grown, jatropha-based biofuel used for today’s flight aboard a Boeing 747-400 powered by Pratt & Whitney engines. China National Aviation Fuel blended the biofuel with traditional jet fuel and also provided aircraft fueling support.

China’s National Energy Administration (NEA) and Boeing also announced an agreement for further study of regional biofuel development. The study results will help support future efforts to establish a sustainable aviation biofuels industry in China, and also form the foundation for an announced renewable energy agreement between the U.S. Trade and Development Agency and the NEA.  

Air China and Boeing are already working plans for an international flight between the U.S. and China fueled by sustainable biofuel, which will highlight increasing cooperation on renewable energy development between the two countries.

“The recent success of our biofuel initiatives with government, energy and aviation organizations in China and around the world underscores the tremendous support that exists for the macro-economic benefits and value aviation provides through its unique ability to connect people, cultures, goods and services,” said Boeing Commercial Airplanes Vice President of Environment and Aviation Policy, Billy Glover. “Working closely with the Chinese and U.S. energy agencies we can reduce carbon emissions in the two largest aviation markets, while helping to ensure sustainable industry growth.”

The China-Boeing aviation partnership dates back nearly a century, with more than half of all commercial jets operating inChina today being Boeing aircraft. Boeing and its partners, including the US-China Energy Cooperation Program, are now jointly addressing the challenges of sustainability and working to establish a pathway for China to create a sustainable aviation biofuel industry. Boeing Commercial Airplanes and Boeing Research & Technology are at the forefront of the global effort to expand aviation’s fuel supply through sustainable options. For more information on Boeing’s sustainable biofuel initiatives, please visit www.newairplane.com/environment or www.SAFUG.org.

Lyon Station, PA  (Profitable.com)  East Penn Manufacturing Co., Inc., and its subsidiary Ecoult, announces the launch of Public Service Co. of New Mexico’s (PNM) Prosperity Energy Storage Project in Albuquerque, NM. This project integrates an Advanced VRLA (Valve-Regulated Lead-Acid) and UltraBattery energy storage solution with a separately installed 500 kW solar plant. Its purpose is to provide simultaneous voltage smoothing for consistent energy levels and peak shifting to deliver energy when it’s needed the most.

East Penn, through its subsidiary Ecoult, is bringing these breakthrough technologies to market as complete energy storage solutions and modules ready for custom integration. Ecoult engineered and integrated the energy storage system, and developed the Smart Grid platform that controls both the batteries and the power conversion system.

“This is an exciting time to be in the energy storage business. Advanced lead acid batteries can play a major role in solar and wind systems, smart grid technology, and other applications as well. The energy landscape is evolving, and we’re well positioned to change with it,” stated Sally Miksiewicz, CEO of East Penn.

This project was achieved with the collaboration of many key partners, led by PNM and including the Department of Energy Smart Grid Storage Demonstration Program, the University of New Mexico, Northern New Mexico College, Sandia National Laboratories, and Electric Power Research Institute. Ecoult also worked with a number of US manufacturers who supplied critical components of the project, including S&C Electric Company that provided a Purewave™ PCS for power conversion and grid integration, Sea Box, Inc.’s contract services for assembly of containerized components, Peterson Panel’s power panels, and KTR Associates’ interconnection design.

John Wood, CEO of Ecoult stated, “We thank our partner US manufacturers for their dedication in bringing this project online in less than a year, PNM for hosting the demonstration, and the US DOE for financially supporting the project. Together this team is demonstrating the multiple Smart Grid benefits of electrical energy storage, and its role in the electric grid of the future.”

This is the first of 16 Smart Grid energy storage demonstrations funded from the American Recovery and Reinvestment Act (ARRA) of 2009 to go live.

Additionally, East Penn with Ecoult is commissioning a second site partially supported with ARRA funding, located at its Lyon Station, PA manufacturing campus. This will be a 3MW site and will provide continuous voltage smoothing using the UltraBattery. It will serve a secondary application of 1 MWh for demand management for 1 to 4 hours.

Advanced VRLA batteries feature a design enhancement to East Penn’s Deka Unigy VRLA battery technology that has been proven as an industry leading product for telecommunication and data center applications. This enhancement protects the battery from accelerated deterioration while performing multiple cycles in Partial State of Charge (PSOC) applications.

The UltraBattery combines the advantages of the Advanced VRLA with the advantages of an asymmetric supercapacitor. This enables the optimal balance of an energy storing lead-acid battery with a quick charge acceptance, power discharge, and longevity of a capacitor, which is critical for High-Rate PSOC applications.

Both advanced types of VRLA batteries are virtually 100% recyclable and made in the United States.

The information gained from these advanced battery projects will be a key component in furthering its integration into the commercial marketplace for wide spectrum of potential applications. Advanced VRLA and UltraBattery’s current ability to serve the grid, renewable energy, and HEVs has the potential to have immediate impacts on cost effective energy conservation and clean energy generation. Ecoult’s energy storage solutions are further proof of these implementations in action.

East Penn is a leading manufacturer of high quality lead-acid batteries and accessories for the telecommunications, UPS, automotive, commercial, marine, and motive power markets. The company’s quality and environmental systems for its entire 520-acre complex have been certified to ISO 9001:2008, ISO/TS 16949:2009, and ISO 14001:2004 requirements. For more information, contact East Penn Manufacturing Co., Inc., Lyon Station, PA 19536 or visit the company web site at www.dekabatteries.com.

Ecoult, a subsidiary of East Penn, is a leading supplier of energy storage solutions based on advanced lead-acid batteries including the hybrid energy storage device UltraBattery. Ecoult provides complete Energy Storage Solutions & Modules that are ready for custom integration and are utilized to provide cost effective, long life solutions for power conditioning and energy storage applications for wind and solar farms, grid ancillary services, and remote area power systems. Visit the company web site at www.ecoult.com for more information.

Contacts:

Inka Schrader
Email: inka.schrader@ecoult.com
Tel: +61-2-9241-3001

Los Angeles  (Profitable.com)  What happens when an industry has too much power? “Greedy Lying Bastards” presents a searing indictment of the influence, deceit and corruption that defines the fossil fuel industry. Filmmaker and political activist Craig Rosebraugh documents the impact of an industry that puts profits before people, wages a campaign of lies to thwart measures to combat climate change, uses its clout to minimize infringing regulations and undermined the political process in the U.S. and abroad.

Rosebraugh’s in-depth investigation into the industry took him to the U.S., Tuvalu, Peru, England, Uganda, Kenya, Belgium, Denmark and Germany. “Greedy Lying Bastards” is the disturbing portrait of what he uncovered on his journey. By interweaving the stories of the victims of the Gulf oil spill and the global climate crisis, he lays bare the industry’s deliberate pattern of irresponsibility. And, while oil companies worldwide exert influence over policies that will protect their revenues, those who speak out against the industry’s reckless practices risk their livelihoods, and in some instances, their lives.

The 2010 tragedy of Deepwater Horizon that cost 11 men their lives, is but one byproduct of the industry’s unchecked, and often unregulated, drive for profits. More than a year later, the documentary shows how Gulf Coast residents continue to pay a steep price. Settlements promised by BP are proving largely insufficient and thousands of claims remain outstanding.

“Greedy Lying Bastards” goes inside emotionally charged meetings with BP, where those most affected by the spill share their anger, and hopelessness. Businesses are being forced to close, and families are being rendered destitute. Perhaps one of those victims put it best when he asks a single word be relayed to BP… “Help.”

How can you right the wrongs when the fossil field industry wields so much influence over energy and environmental policies? “Greedy Lying Bastards” details the people and organizations casting doubt on climate science and claiming that greenhouse gases are not affected by human behavior and includes interviews with scientists, industry experts, international political delegates, climate change victims as well as deniers, and people affected by the practices of the fossil fuel industry. Among them: UN Secretary General Ban Ki-Moon; Rep. Henry Waxman; former EPA head Christine Todd Whitman; leading climate science skeptics Myron Ebell, Christopher Lord Monckton, and Jay Lehr; Ken Wiwa, the son of the slain Nigerian environmentalist; farmers in Peru and Uganda; and Mike Robichaux, one of the few doctors willing to treat Gulf residents sick with chemical poisoning from the BP spill, Republican Presidential candidates, Texas governor Rick Perry and Minnesota representative Michele Bachman, as well as other prominent politicians like Senator James Inhofe, from oil-rich Oklahoma.

“This film is an investigation into an industry that is simply out of control,” Rosebraugh contends. “The fossil fuel industry has shown that it will stop at nothing to maximize profits for shareholders, whether it’s cutting corners on safety, employing highly paid lobbyists to impact the political process, giving huge amounts to climate change deniers to ensure that no legislation is passed that would impact the bottom line, or complicity in the murder of individuals who speak up against environmental degradation.”

“Greedy Lying Bastards” was co-written and edited by Patrick Gambuti Jr. To find out more information about the topics discussed in the film and how to get involved, visit the website www.GreedyLyingBastards.com.

For news information contact: Cindy Rakowitz (818) 783-3307

Washington  (Profitable.com)  A new study conducted by the Earth Engineering Center (EEC) of Columbia University and sponsored by the American Chemistry Council has found that if all of the non-recycled plastics that are currently put into landfills each year in the United States were converted to energy using currently available technologies, they could provide at least enough energy to fuel six million cars annually.

“Plastics have a significantly higher energy value than coal,” said Prof. Marco J. Castaldi of the Earth and Environmental Engineering Department of Columbia University and Associate Director of EEC. “Capturing the energy value of non-recycled plastics – and municipal solid waste in general – makes good sense because it provides a good domestic form of energy while minimizing impacts on the environment.”

The study also estimated that if all the non-recycled plastics discarded in the United States annually were diverted to modern waste-to-energy facilities, they could produce 52 million MWh of electricity, or enough to power 5.2 million households per year.  Similarly, if all the municipal solid waste produced in the United States was diverted from landfills to waste-to-energy facilities, it could produce 162 MWh of electricity, or enough to power 16.2 million households every year.

“As the United States seeks alternative fuel sources, research like this is crucial to helping identify alternative fuel sources for policy makers,” noted Dr. Nickolas Themelis, Director of the Earth Engineering Center at Columbia University.

“Even after use, plastics continue to be a valuable resource,” said Steve Russell, vice president of plastics for the American Chemistry Council.  ”Whenever possible, plastics should be recycled,” Russell said, “But when plastics aren’t recycled, there is still a tremendous opportunity to recover this abundant energy source to power our homes, vehicles and businesses.”

Although in the United States plastics are made primarily from natural gas, a growing number of innovative technologies are effectively turning non-recycled plastics into crude oil, electricity and other fuels.  Many of these technologies are already being implemented on a commercial scale in Europe, Canada and Asia.

The full study, “Energy and Economic Value of Non-Recycled Plastics (NRP) and Municipal Solid Wastes (MSW) that are Currently Landfilled in the Fifty States,” summarizes information on non-recycled plastics and total municipal solid waste in each of the 50 states and quantifies the potential energy and economic value of recovering this material.

Given that the study looked exclusively at municipal solid waste, the actual amount of recoverable materials in the United Statesand the energy values associated with them are likely greater than those included in the scope of this study.

http://www.americanchemistry.com

The American Chemistry Council (ACC) represents the leading companies engaged in the business of chemistry. ACC members apply the science of chemistry to make innovative products and services that make people’s lives better, healthier and safer. ACC is committed to improved environmental, health and safety performance through Responsible Care®, common sense advocacy designed to address major public policy issues, and health and environmental research and product testing. The business of chemistry is a $720 billion enterprise and a key element of the nation’s economy. It is one of the nation’s largest exporters, accounting for ten cents out of every dollar in U.S. exports. Chemistry companies are among the largest investors in research and development. Safety and security have always been primary concerns of ACC members, and they have intensified their efforts, working closely with government agencies to improve security and to defend against any threat to the nation’s critical infrastructure.

SunPower Corp. (NASDAQ: SPWRA, SPWRB) has announced it expects to start construction on the 25-megawatt McHenry Solar Farm in Modesto, Calif. before the end of the year. The solar photovoltaic (PV) power project received unanimous approval by the Stanislaus County planning commission on September 15, 2011. During construction, it is expected to create up to 144 construction jobs and inject approximately $18.7 million into the local economy. Construction of the facility is contingent on the receipt of all remaining building permits, and is expected to be completed and operational by the second half of 2012.

Electricity produced by the solar PV project will serve the utility grid operated by Modesto Irrigation District (MID), helping the agency achieve California’s 33 percent renewable portfolio standard.

“Solar power adds to the diversity of MID’s power mix and is an excellent fit for our customers’ energy needs,” said MID Assistant General Manager of Electric Resources Roger VanHoy. “We have been impressed by SunPower’s professionalism and knowledge to date, and are confident SunPower has the experience and technology to cost-effectively deliver a system that will reliably generate solar power for MID’s customers for the next 25 years.”

The plant will use the SunPower Oasis™ Power Plant product, a fully integrated, modular solar power block that is engineered to rapidly and cost-effectively deploy utility-scale solar projects while minimizing land use impacts. Each power block integrates the SunPower® T0 Tracker with SunPower’s high-efficiency, E19 solar panel, pre-manufactured system cabling, the Oasis smart inverter, and the Oasis operating system. SunPower Oasis also features the SunPower advanced Tracker Monitoring and Control System (TMAC™) for wireless control of the power plant. The power block kits are shipped pre-assembled to the job site for rapid field installation, and offer the highest capacity factor and the most reliable long-term performance.

“SunPower technology is fast to install, offers guaranteed performance, and is a competitively-priced choice for power,” saidHoward Wenger, president of SunPower’s utility and power plant business group. “We commend MID for seizing the opportunity to help meet the state’s growing energy demand and renewable energy goals.”

About SunPower

SunPower Corp. (NASDAQ: SPWRA, SPWRB) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company’s quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia and Asia. For more information, visit www.sunpowercorp.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not represent historical facts and may be based on underlying assumptions. The company uses words and phrases such as “poised,” “expects,” “will,” “contingent on,” and “expected” to identify forward-looking statements in this press release, including forward-looking statements regarding (a) expected beginning of construction of the solar farm; (b) expected benefits of the solar farm; and (c) the expected completion date in 2012. Such forward-looking statements are based on information available to the company as of the date of this release and involve a number of risks and uncertainties, some beyond the company’s control, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including risks and uncertainties such as: (i) construction difficulties or potential delays, including obtaining land use rights, permits, license, other governmental approvals, and transmission access and upgrades, and any litigation relating thereto; (ii) increasing competition in the industry and lower average selling prices, and impact on gross margin; (iii) timeline for revenue recognition and the impact on the company’s operating results; (iv) the risk of continuation of supply of products and components from suppliers; (v) unanticipated problems with deploying the system on the site; and (vi) other risks described in the company’s Annual Report on Form 10-K for the year ended January 2, 2011 and Quarterly Report on Form 10-Q for the quarter ended July 3, 2011, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company’s views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Susser Holdings Corporation (NASDAQ: SUSS) has announced that its wholesale division, Susser Petroleum Company LLC, acquired the assets of Dallas/Fort Worth based Community Fuels of Texas, LP.  The acquisition includes the fuel supply contacts to 121 dealer locations and fuel supply rights to 24 commercial accounts.   The transaction was funded with cash and is expected to be immediately accretive to earnings.  The financial terms of the transaction were not disclosed and the transaction value was not material.

“We are pleased to increase our wholesale presence in the Dallas/Ft. Worth and East Texas markets, expand our relationships with Shell, Valero, Chevron, Texaco and ConocoPhillips, and to welcome these new customers and employees to our business.  This base of business provides us a platform to increase growth in the largest metropolitan area in the state ofTexas.” said Rocky B. Dewbre, President and Chief Operating Officer of Susser Petroleum Company LLC.

Phil Tomczyk, President and Chief Executive Officer of Community Fuels of Texas, LP, commented, “We have many great customers and know that they will be in good hands with the Susser organization.”

Corpus Christi, Texas-based Susser Holdings Corporation is a third-generation family led business with approximately 1,100 company-operated or contracted locations.  The Company operates 535 convenience stores in Texas, New Mexico andOklahoma under the Stripes® banner. Restaurant service is available in more than 320 of its stores, primarily under the proprietary Laredo Taco Company® brand. The Company also supplies branded motor fuel to 560 independent dealers through its wholesale fuel division.

Forward-Looking Statements

This news release contains “forward-looking statements” describing Susser’s objectives, targets, plans, strategies, costs, anticipated capital expenditures, expansion of our food service offerings, potential acquisitions and new store openings and dealer locations. These statements are based on current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially, including but not limited to: competitive pressures from convenience stores, gasoline stations, other non-traditional retailers located in our markets and other wholesale fuel distributors; volatility in crude oil and wholesale petroleum costs; wholesale cost increases of tobacco products or future legislation or campaigns to discourage smoking; intense competition and fragmentation in the wholesale motor fuel distribution industry; the operation of our stores in close proximity to stores of our dealers; seasonal trends in the industries in which we operate; unfavorable weather conditions; cross-border risks associated with the concentration of our stores in markets bordering Mexico; inability to identify, acquire and integrate new stores; our ability to comply with federal and state regulations including those related to environmental matters and the sale of alcohol and cigarettes and employment laws and health benefits; dangers inherent in storing and transporting motor fuel; pending or future consumer or other litigation; litigation or adverse publicity concerning food quality, food safety or other health concerns related to our restaurant facilities; dependence on two principal suppliers for merchandise and two principal suppliers for motor fuel; dependence on suppliers for credit terms; dependence on senior management and the ability to attract qualified employees; acts of war and terrorism; risks relating to our substantial indebtedness; dependence on our information technology systems; changes in accounting standards, policies or estimates; impairment of goodwill or indefinite lived assets; and other unforeseen factors.

For a full discussion of these and other risks and uncertainties, refer to the “Risk Factors” section of the Company’s annual report on Form 10-K for the year ended January 2, 2011, and subsequent quarterly reports. These forward-looking statements are based on and include our estimates as of the date hereof. Subsequent events and market developments could cause our estimates to change. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if new information becomes available, except as may be required by applicable law.

The First Heavy-Duty Solar Version of the Flagpole Beacon for Residential Use is presented by The Flag Company, Inc.“Driven as much by the desire to show proper respect for Old Glory as they are for energy efficiency, homeowners have patiently waited for a solar version of our Flagpole Beacon to come out and now we have a product ready for them”, stated Mike Lawrence, Vice President of Marketing and inventor of the Flagpole Beacon. “Now this one product will take care of both needs.”

This residential solar design for homeowners is the natural follow-up to the commercial solar version that was successfully introduced in January. Although there are several solar light applications for residential flagpoles available in the marketplace, “None of them is our patented product that is so successful in the commercial realm”, notes Lawrence. (Indeed, they look like everything from shower heads to wilted yard lights.) The idea all along was to provide a quality product for the homeowner that was every bit as strong and reliable as the commercial product, yet simple to use.

It’s a win-win for the homeowner. The Solar Residential Flagpole Beacon does not require a qualified electrician to install. It does not require many feet of wire to plug into anything. Sunshine stores all the energy needed for up to thirty-six hours of running time for the LED bulb. Thanks to the commercial rated, heavy duty five watt collector, the Solar Residential Flagpole Beacon has a fast re-charge. The large, twelve volt, three amp battery pack and easy on/off switch complete the product.

Simple is best and that’s as simple as it gets.

About The Flag Company, Inc.

The Flag Company, Inc. offers a complete range of flags and flag-related products in addition to its line of flagpoles and Flagpole Beacon. Custom screen printing and digital printing are available for special events, corporate logos, etc. Stock merchandise includes U.S., state international and military flags and all types of accessories such as bunting, memorial cases, pennants and more. The Flag Company, Inc. is the nation’s largest producer of message flags, offering over 300 different messages, which are used by realtors, restaurants, car dealerships and every other kind of company imaginable. Toothpick flags – both stock and custom-made to order – are also available. The complete product line can be viewed at the website, http://www.flagco.com. “Feel Good Light-Ups”, a decorative light lens for fluorescent light fixtures became so popular that they have their own website, http://www.feelgoodlightups.com. Flagpoles and Flagpole Beacon are featured at http://www.flagpolewarehouse.com.

 

The following release is being issued by the Georgia Solar Energy Association:

WHO: The Georgia Solar Energy Association
WHAT: Solar installations host open house statewide
WHEN: 9 A.M. to 2 P.M. on Saturday, Oct. 1
WHERE; Locations throughout Georgia (See www.gasolar.org)
WHY: To show how Solar Works in Georgia by providing jobs, energy savings and clean, renewable energy.

The annual Georgia Solar Tour will open solar sites throughout the state for tours and discussion on Saturday, Oct. 1, from 9 a.m. to 2 p.m.

Coordinated by the Georgia Solar Energy Association, the tour is part of the National Solar Tour, which this year will open some 5,500 installations in 3,200 communities nationwide. Georgians all over the state can experience and learn more about how solar energy, America’s fastest-growing industry, is bringing jobs, investment and advanced technology to our state.

The total market value of the U.S. solar energy industry grew an astonishing 67 percent from $3.6 billion in 2009 to $6 billion in 2010, and this growth has continued in 2011.

With an expanded pool of state tax credits for solar installations in Fiscal 2012, 2013 and 2014 and available federal incentives, the Georgia market’s enthusiasm for clean, safe, renewable energy has blossomed. Solar’s increasing efficiency and the falling cost of solar equipment – which has come down more than 30 percent in the past year – have made solar energy in all its forms more affordable and practical than ever.

Georgia Solar Tour Chairman Anthony Coker said this year’s solar tour offers the public a sample of what solar investment is contributing to the state and why studies consistently show Georgia among the nation’s top locations for solar energy potential.

“We think the Georgia Solar Tour will show that Georgia’s solar industry is creating skilled jobs, producing energy savings for homeowners and businesses, and expanding our domestic energy portfolio,” Coker said. “And we hope that Georgians who participate in the tour will recognize the promise this holds for boosting the state’s economy.”

For more information, visit www.gasolar.org.

About the Georgia Solar Energy Association

GSEA is non-profit organization that is leading the statewide effort to promote the economic and environmental benefits of solar energy in Georgia through advocacy, education and public support.  GSEA is working to make Georgia a national leader in clean energy and sustainable development.

Direct Energy, North America’s largest competitive energy and energy-related services company, has reached an agreement to acquire Texas-based electricity provider First Choice Power, a subsidiary of PNM Resources (NYSE: PNM), for US$270 million in cash plus additional working capital.

Headquartered in Irving, Texas, First Choice Power supplies retail electricity to both residential and commercial customers across Texas. The acquisition provides Direct Energy, the North American subsidiary of Centrica plc, with a strong position in the largely rural Texas-New Mexico Power territory and a growing small commercial customer base. In addition, First Choice Power was the first retail electricity company in Texas to enter the smart meter prepaid business, reinforcing Direct Energy’s position in selling prepaid electricity. Direct Energy will also benefit from significant synergies after the businesses are fully integrated as a result of significant improvements it has made in its operational platform in recent years.

“First Choice Power is an attractive addition to Direct Energy’s North American downstream business,” said Chris Weston, President and CEO of Direct Energy.  ”We continue to pursue our growth strategy for North America with strong organic customer growth, nearly $1 billion in acquisitions completed in the last 18 months and continued operational improvements across all areas.”

The addition of First Choice Power represents the latest step in Direct Energy’s plans to grow its North American business. Earlier this year, Direct Energy added to its residential and commercial customer base with the acquisition of Gateway Energy Services, one of the largest independent retail energy (electricity and natural gas) providers in the U.S. Northeast. In 2010, Direct Energy increased its natural gas reserves by approximately 60 percent with the acquisition of Suncor Energy’s assets in the Wildcat Hills region of Alberta, Canada. The company also acquired Clockwork Home Services, Inc., making it North America’s largest home energy services company.

“Combining the forces of First Choice Power and Direct Energy will create an even stronger player for the Texas market with a shared focus on putting customers first,” said Pat Vincent-Collawn, President and CEO, PNM Resources. “The companies have a complementary customer base and a tradition of providing innovative products and services for their customers.”

“Direct Energy is already a leader in the Texas retail electricity market and today’s acquisition of First Choice Power further strengthens our state-wide position as we deliver on our plan to grow the company’s North American business,” said Steven Murray, President of Direct Energy Residential.  ”First Choice Power brings a good-sized customer base onto our Texasbusiness platform and will help us continue to innovate and bring better products to Texas consumers.”

The transaction is subject to regulatory review and is expected to close during the fourth quarter of 2011.

About Direct Energy

Direct Energy is one of North America’s largest energy and energy-related services providers with over 6 million residential and commercial customer relationships. Direct Energy provides customers with choice and support in managing their energy costs through a portfolio of innovative products and services. A subsidiary of Centrica plc (LSE: CNA), one of the world’s leading integrated energy companies, Direct Energy operates in 46 states plus DC and 10 provinces in Canada. To learn more about Direct Energy, please visit www.directenergy.com.

About First Choice Power

First Choice Power of Irving, Texas, is an energy company committed to identifying what is most important to our customers and putting their needs first. Texas business and residential customers can depend on First Choice Power for competitive pricing and excellent customer service. First Choice Power is committed to giving back to the communities it serves through its Food First ™ hunger initiative, Reduce Your Use Grants™, recycling efforts and supporting employees’ community engagement. Learn more at www.FirstChoicePower.com. Keep up to date on the latest energy news and join the conversation by following us on Twitter @firstchoicepwr, Facebook at facebook.com/FirstChoicePower or The Current blog,www.firstchoicepower.com/blog.

Large cuts in factory gate module prices over the summer have resulted in a significant increase in photovoltaic (PV) project development activity in the US. After standing at 17 gigawatts (GW) two months ago, the US non-residential pipeline has now increased to 24 GW.

The September 2011 edition of the United States Deal Tracker database released by Solarbuzz this week identifies 1,865 non-residential projects totaling 25.9 GW either installed, being installed or in their development phase since January 1, 2010. Development phase projects include pre-RFP, going through the RFP process, or planned without RFP.

California currently accounts for 61% of the total US project pipeline, stimulated by the state’s aggressive 33% Renewable Portfolio Standard target, and benefiting from the recent trend of solar projects reallocated from concentrated solar power to PV. The top six state pipelines in megawatt terms are California, Arizona, Nevada, Texas, New Jersey, and New Mexico; in total, 44 states now contribute to the pipeline.

Utility-driven project activity is now evident across 35 states, while other non-residential projects below 1 MW remain an important segment of the market, accounting for 771 projects being monitored. The fast-developing non-residential segment has created an important and growing opportunity for project developers, engineering, procurement and construction (EPC) companies. The top 12 project developers currently account for 51% of the total pipeline.

The collapse in US factory-gate module prices over the past four months is only now starting to impact utility project prices, much more than system sizes below one megawatt. One-fifth of the installed system prices above one megawatt are now $3.75 per watt STC DC (Standard Test Conditions, Direct Current) or below.

“Utility expectations for improved installed pricing measured either in per watt peak or kilowatt hour have vastly increased over the past quarter,” said Craig Stevens, President, Solarbuzz. “The result is more RFPs and an acceleration of PV orders.”

For those projects in the pipeline that have selected their module suppliers, the top three suppliers in MW terms are First Solar, SunPower Corporation, and Suntech Power. Yingli Green, Sharp and SolarWorld are increasing their presence in non-residential projects. The leading inverter suppliers to the pipeline remain Advanced Energy and SatCon Technology.

The Solarbuzz United States Deal Tracker reports project activity in the non-residential (including utilities) segment. The parameters in the database for each installation include owner or host name, project developer, installer, system size (MWp and first year MWh), installed system pricing, system type (ground mount, roof mount, BIPV, tracking, carports), acreage, PPA provider, electricity off-taker, city, county, state, utility territory, timing of installation, module and inverter suppliers, installer and project developer contact details.

For more information or to order the Solarbuzz United States Deal Tracker, contact us at one of our seven global locations, email us at contact(at)solarbuzz(dot)com, or call Charles Camaroto at 1.516.625.2452 for more information.

About Solarbuzz

Solarbuzz, part of The NPD Group, is a globally recognized market research business focused on solar energy and photovoltaic industries. Since 2001, Solarbuzz has grown its client-base to include many of the largest global PV manufacturers, major investment banks, equipment manufacturers, materials suppliers, hedge fund companies, and a vast range of other multi-nationals. Solarbuzz offers a wide array of reports, including Marketbuzz, an annual global PV industry report, and Solarbuzz® Quarterly, which details both historical and forecast data on the global PV supply chain. The company’s research also provides annual downstream PV market reports by region for Europe, Asia Pacific and US markets. In addition, Solarbuzz.com is a recognized and respected online resource within the solar industry. For more information, visit http://www.solarbuzz.com or follow us on Twitter at @Solarbuzz.

About The NPD Group, Inc.

The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us or visit http://www.npd.com and http://www.npdgroupblog.com. Follow us on Twitter at @npdtech and @npdgroup.

Solarbuzz and Marketbuzz are registered trademarks of The NPD Group.

Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic (PV) manufacturers, which markets its products under the brand “Yingli Solar,” announced today that its U.S. subsidiary, Yingli Green Energy Americas, Inc. (“Yingli Americas”), is the Presenting Sponsor of Solarthon, nonprofit solar installer GRID Alternatives’ annual fundraiser that brings together hundreds of individuals, teams, solar job trainees, and corporate participants to install multiple solar energy systems in one day for low-income homeowners.

“We’re pleased to have worked with GRID Alternatives to install over 250 projects for low-income families to date and are proud to be their Official Solar Module Provider,” said Helena Kimball, Head of Marketing Communications, Yingli Americas.  ”These unique Solarthon events are a great way to advance our mission to bring cost-effective solar power to the communities who need it most, while creating local job opportunities and growth.”

“Every single GRID Alternatives home installation provides thousands of dollars in savings for working families and two days of on the job training for ten job seekers – and we average 15 home installations per week. Because of Yingli Solar’s support, we have been able to multiply this impact hundreds of times over,” said Erica Mackie, Co-Founder, GRID Alternatives.

As Presenting Sponsor and Official Module Provider of GRID Alternatives, Yingli Solar will supply solar modules for 50 participating families from neighborhoods in San Francisco, San Diego, Fresno, San Louis Obispo and Los Angeles during the five Solarthon block parties.  The systems will eliminate more than 4,400 tons of greenhouse gas emissions and generate$1.3 million worth of renewable energy savings for families living on very low incomes.  The sponsorship of these Solarthons is part of the collaboration between Yingli Solar and GRID Alternatives to install 1 MW of solar energy systems for 400 low-income families throughout 2011.  These installations will create thousands of hands-on job training opportunities in PV installation while helping underserved families with immediate financial savings.

The first of the five events takes place on Saturday, September 10th in the Bayview-Hunters Point neighborhood in San Francisco.  For more information about these events or to sign up, go to www.gridalternatives.org/solarthon.

  • San Francisco Bay Area: Saturday, September 10, 2011
  • San Diego: Saturday, September 24, 2011
  • Central Valley (Fresno): Saturday, October 8, 2011
  • Templeton (San Luis Obispo County): Saturday, October 22, 2011
  • Lynwood (Los Angeles County):  Saturday, November 5, 2011

For more information on Yingli Solar in the Americas, visit www.yinglisolar.com/us.

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under the brand “Yingli Solar,” is a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers. Yingli Green Energy’s manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. Currently, Yingli Green Energy maintains a balanced vertically integrated production capacity of over 1 GW per year. Two capacity expansion projects of 600 MW and 100 MW n Baoding andHainan, respectively, started initial production in early July 2011 and are expected to increase the Company’s total nameplate capacity to 1.7 GW in late 2011. In addition, Yingli Green Energy’s in-house polysilicon plant, Fine Silicon, which has a designed annual production capacity of 3,000 metric tons, has successfully started commercial operation in early August 2010. Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece,France, South Korea, China and the United States. Headquartered in Baoding, China, Yingli Green Energy has more than 11,000 employees and more than 10 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit http://www.yinglisolar.com.

About GRID Alternatives

GRID Alternatives is a non-profit solar installer that trains and leads teams of volunteers and job trainees to install solar energy systems for low-income families throughout California. The mission of GRID Alternatives is to empower communities in need by providing renewable energy and energy efficiency services, equipment and training. Since 2004, GRID has installed over 1200 solar electric systems and provided hands-on solar installation training over 7,100 community members statewide. These systems represent over 3.0 MW of generating capacity, which translates to over $28.6 million in energy cost savings over the systems’ projected life spans, while preventing 96,300 tons of greenhouse gas emissions. GRID Alternatives also manages the Single-family Affordable Solar Homes (SASH) Program, part of the California Solar Initiative that is funded byCalifornia ratepayers under the auspices of the California Public Utilities Commission (CPUC). For more information, please visit http://www.gridalternatives.org

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy’s control, which may cause Yingli Green Energy’s actual results, performance or achievements to differ materially from those in the forward- looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy’s filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

A new lighting technology and products from ecoNoon could provide the best LED lighting solutions to meet the world’s growing need to save energy on lighting in commercial, industrial, residential and public spaces.

“ecoNoon has created a breakthrough technology to improve energy efficiency in lighting. The new technology allows LEDs to work effectively in the unchartered territory of higher wattages that are far beyond anything available from any other company in the world. The question is ‘How can the world reduce its energy consumption used for lighting?’ The answer is held in a small startup company in Malaysia, built upon a US patent of the LED lighting module,” said Ir Ooi Seoh Lin, Chief Marketing Officer of ecoNoon (http://www.ecoNoon.co).

“Investors who are looking to brighten up the dark days of searching for new products need to look no further than LED lighting technology and products provided by ecoNoon,” said Mr. Ooi. Energy used for lighting comprises 20% of all energy used worldwide. “However, trimming this slightly to 19% faces an enormous technical challenge and a cost barrier. LED bulbs are more efficient (2X to 3X than fluorescent). Furthermore, LEDs have a much higher luminous efficacy than fluorescent and incandescent lamps or HID lights (such as Sodium or Mercury) and LEDs do not contain hazardous chemicals that threaten our environment and the health of all living things on this planet,” he said.

“ecoNoon’s products stand out as saving more energy than most other LEDs,” he said. Part of the company’s business model is to retrofit existing luminaires or lighting fixtures with LED light bulbs or light modules.

The company’s energy saving product pipeline is in full swing:

  • Globe Bulbs (GL series) are being commercialized and will be ready in September.
  • HID (High Intensity Discharge Lamp)/Sodium Replacement Bulbs (SB series) is undergoing certification and will be available in October.
  • Mini Spot Light Bulbs/Spot Light Bulbs (ML/SL series) will be ready in three months.

Each bulb is guaranteed for at least 30K to 50K hours or five years, depending on wattages.

ecoNoon’s LED light bulbs run cooler due to the absence of Metal Core Printed Circuit Boards (MCPCB) that are used in almost 100% of all LED lights on the market today. Instead, its patent-pending optical and thermal solutions as well as structural solutions provide several advantages over the existing art.

“ecoNoon’s Lighting Module is used in all of its finished products to power bulbs of all shapes and wattages up to 1,000 watts and higher. In fact, the Lighting Module’s robust thermal solution can keep the temperature of the system well below 100 degrees C in any wattage, in sharp contrast to the existing art which does depend on the MCPCB to spread heat generated by LED. In fact LED can actually impede the thermal spreading capability of the board. For example, a mere extra 0.5 degree C per watt in a MCPCB can spell disaster to an LED chip inside a luminaire of high power, say 100 watts. Most luminaires having this issue do not show up until after a couple of years of operation, when the LED chips inside fail due to high operating temperatures. One example of this is China’s recent call to its LED lighting companies to slow down and take a hard look at their LED quality and solutions,” Mr. Ooi said.

Because of deficiencies in thermal solutions in most LED lights today, LED light adaptation has been very slow. For example, after learning that expensive street lights failed after 8 months, customers stopped buying them.

“We are strong in researching various applications and using our LED lamps to solve energy consumption problems for many different industries. We can customize bulbs to suit various applications and we can create a variety of colors,” Mr. Ooi said.

“Our flagship product will be HID/Sodium Replacement Bulb which will retrofit all the street lighting without requiring any new fixtures. The bulbs are lighter than existing bulbs and provide more power. They can also be used in factories, buildings and many other places,” he said.

“All human beings have a responsibility to reduce CO2 to stop global warming of our Mother Earth for the sake of future generations,” he said.

About ecoNoon.co

ecoNoon was founded in June 2011 and is based in Penang, Malaysia.

ecoNoon is a true worldwide company. Research and development are conducted in Japan and the United States. Marketing is based in Malaysia. Components are made by several Japanese companies. Assembly is done in Penang.

The company has several patents pending.

To inquire about investment opportunities, go to http://www.econoon.co

Contact:

Ir Ooi Seoh Lin
Chief Marketing Officer
marketing@econoon.co
Mobile: +60 12 482 9263
Office: +60 4 264 5928

Texas Instruments Incorporated (TI) (NYSE: TXN) today introduced a family of dual 16-, 14- and 12-bit digital-to-analog converters (DACs) that provides the industry’s highest precision and lowest power consumption. The DAC8562 family delivers 25-percent better integral non-linearity (INL) and 60-percent lower offset error compared to similar devices. The DACs also provide best-in-class power consumption and are ultra-small, making them suitable for space and power-constrained systems, such as wireless base stations, programmable logic control (PLC) analog output modules, motor control, precision instrumentation and portable medical equipment. For more information and to order samples, visit www.ti.com/dac8562-pr.

Key features and benefits of the DAC8562 family

  • Best-in-class precision with 0.1 nV-sec glitch energy, a maximum offset error of 4 mV, a maximum INL of 0.75 LSB at 12-bits and a maximum reference drift of 10 ppm/degree C improves system accuracy.
  • Lowest power consumption in its class, consuming only 0.1 mA per channel to minimize the power required for VGA control in wireless base stations, as well as to operate tunable laser modules, CNC machines and portable medical devices, such as oscilloscopes and portable blood analyzers.
  • Reduces cost and board space with an integrated precision reference that provides a 20-mA sink/source capability to eliminate the need for an external buffer.
  • Supports different control loops with options for both reset to zero-scale and reset to mid-scale to provide greater design flexibility.
  • Characterized for harsh industrial environments up to 125 degrees Celsius, 20 degrees higher than the competition.

Tools and support

TI offers a variety of free tools and support to speed development with the DAC8562 family, including:

  • Two evaluation modules for quick evaluation. The DAC8562EVM and DAC7562EVM are available today for a suggested retail price of $49.
  • An IBIS model to verify board signal integrity requirements.
  • Reference designs for analog output modules in PLCs and high-voltage, bipolar output control applications, which are included in the DAC8562 data sheet.

Availability, packaging and pricing

Devices in the DAC8562 family are pin-for-pin compatible and are all available today in either a 3-mm x 3-mm QFN or 3-mm x 5-mm MSOP package. Pricing in 1,000-unit quantities is as follows:

  • 16-bit DAC8562 (reset to zero scale) and DAC8563 (reset to mid-scale) for $4.20.
  • 14-bit DAC8162 (reset to zero scale) and DAC8163 (reset to mid-scale) for $3.85.
  • 12-bit DAC7562 (reset to zero scale) and DAC7563 (reset to mid-scale) for $2.50.

Learn more about TI’s precision data converter portfolio by visiting the links below:

About Texas Instruments

Texas Instruments semiconductor innovations help 80,000 customers unlock the possibilities of the world as it could be – smarter, safer, greener, healthier and more fun. Our commitment to building a better future is ingrained in everything we do – from the responsible manufacturing of our semiconductors, to caring for our employees, to giving back inside our communities. This is just the beginning of our story. Learn more at www.ti.com.

Trademarks

TI E2E is a trademark of Texas Instruments. All other trademarks and registered trademarks belong to their respective owners.

 

Elemental LED Announces Lower Prices on Popular Replacement LED Light BulbsElemental LED, a San Francisco Bay Area-based LED lighting company, recently cut prices on its popular Tess Bulbs, the LED Replacement Bulbs with a standard e26/27 screw-in base and cutting-edge Cree LED chips. 6W Tess Bulbs, a replacement for standard incandescent 30W bulbs, were $29.99 and are now $17.99. 7W Tess Bulbs, equivalent to 40W incandescent bulbs, were $34.99 and are now $19.99. 9W Tess Bulbs, a 60W replacement, were $39.99 and are now $21.99.

Elemental LED introduced the Tess Bulb to its catalog last year as a top-of-the-line product with significant improvements in function and light quality to that of its LED replacement light bulb predecessors. Tess Bulbs are UL listed and feature Cree LED chips, top-rated for their brightness and energy-efficiency. According to Cree, “Cree LEDs combine highly efficient InGaN [Indium gallium nitride] materials with proprietary G•SIC® substrates to deliver superior price/performance for high-intensity LEDs.”

The prices of LED light bulbs and fixtures are decreasing dramatically throughout the industry, making them an economically viable option for consumers. The price decrease follows similar trends of other consumer electronic products, for which a gradual increase in demand and consumption leads to a dramatic lowering of prices.

Features of the Tess LED Light Bulb include no flickering or humming, a durable housing that is difficult to break, no warm-up time required, and no mercury. Containment of toxic mercury, flickering, humming, fragility and slow warm-up are all well documented problems with CFLs. The Tess Bulb lasts for 50,000 hours, 10 to 50 times longer than a standard incandescent bulb or CFL, and uses 20% as much energy as an incandescent bulb.

The Tess Bulb is available in a warm white color temperature, which creates an inviting, smooth, even light for indoor living spaces. It is also available in neutral white, which works well against metal and cool color tones or outdoors.

The decrease in prices by Elemental LED signals that the company is positioning itself as a viable competitor to big box retailers. “We are top of the market when it comes to quality and customer service,” says Director of Business Development Matthew John, “In the past some of our competitors have beat us in terms of price, but that is quickly changing.”

To learn more about the Tess LED Light Bulb, please visit http://www.elementalled.com.

About Elemental LED

Elemental LED is where style and affordability meet sustainable lighting. Elemental LED offers a wide selection of LED lighting products for home and business owners, including LED strip lights, light bars, puck lights, wall washers, light bulbs, controllers, power supplies and more. Products include color-changing, dimming and waterproof functionality. Elemental LED offers in house engineering and comprehensive customer service and education, from live phone support to online tutorials. LED lighting technology is the safest, hippest, and most energy efficient way to light up the world.

 

DTE Energy’s Monroe Power Plant received the CET Bronze Award today for an outstanding safety and health record from the Michigan Occupational Safety and Health Administration (MIOSHA).  The MIOSHA program is part of the Michigan Department of Licensing and Regulatory Affairs (LARA).

“We are honored to present this award to DTE’s Monroe Power Plant for providing their workers with a safe and healthy work environment,” said Steve Arwood, LARA Deputy Director.  ”This award recognizes their outstanding efforts to protect their workers, while providing the energy that is fueling our economic recovery.”

The MIOSHA Consultation Education and Training (CET) Division recognizes the safety and health achievements of Michiganemployers and employees through CET Awards, which are based on excellent safety and health performance.  The CET Bronze Award recognizes leadership and commitment to workplace safety and health resulting in significant improvement of their MIOSHA record.

CET Division Supervisor Sherry Scott presented the award to Brian Rice, Plant Manager, and Todd Burger, Site Union Safety Representative.  Rice and Burger are the Safety Committee Co-chairs and accepted the award on behalf of all employees.  Most plant employees are represented by the Utility Workers Union of America Local 223.

“This award means a lot to everyone who works at the Monroe Power Plant because it could not be achieved without a personal commitment by every individual,” Rice said.  ”Everyone has to be aware of potential hazards that could jeopardize their own safety, but everyone also has to take a personal responsibility for the safety of their co-workers.  Without a team effort where every worker is focused on the health and safety of their fellow employees, we could not achieve the safety levels that have earned us this recognition.”

The plant has completed the following criteria to receive the Bronze Award:

  • Reduced their injury/illness incident rate by more than 50 percent within the last three calendar years;
  • Developed and implemented a comprehensive safety and health management system;
  • Established a safety and health committee, with both employee and management participation;
  • Developed an employee training system, with an emphasis on how to do the work in a safe and healthful manner; and
  • Worked diligently to change their workplace culture to reflect the importance of worker safety.

The award ceremony took place at a luncheon on the last day of the plant’s annual Safety Week.  During that week, most plant work is focused on safety, including a day or more dedicated to plant clean up and housekeeping.  During the course of the week, plant employees have an opportunity to participate in group safety presentations, displays and demonstrations and other activities with a safety focus.

The Monroe Power Plant is classified under NAICS code 221112 – Electric power generation, fossil fuel (e.g., coal, oil, gas).  The plant significantly reduced their incident rates over the last three years.  Their total recordable case (TRC) rate was 3.2 in 2008, 1.6 in 2009, and 1.2 in 2010, compared to the Bureau of Labor Statistics (BLS) industry average of 8.4 in 2008 and 15.0 in 2009.  Their total day’s away/restricted cases (DART) rate was 2.5 in 2008, and 0.8 in 2009 and 2010, compared to the BLS industry average of 1.8 in 2008 and 1.7 in 2009.

The Monroe Power Plant employs more than 400 full-time workers and has a well-developed safety and health system and an actively engaged Health and Safety Committee.  CET Senior Safety Consultant Jennifer Clark-Denson conducted a hazard survey at the plant.  This allowed the Monroe team the opportunity to walk through the facility with Clark-Denson and rely on her expertise to identify problem areas, which were noted and later corrected.

“Companies that establish an integrated safety and health program reap the benefits of significantly reducing their injury and illness rates,” said Scott.  ”Reducing these rates not only protects employees – it has a healthy impact on a company’s bottom line.”

DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide.  Its operating units include Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan; MichCon, a natural gas utility serving 1.2 million customers in Michigan; and other non-utility energy businesses focused on gas storage and pipelines, unconventional gas production, power and industrial projects, and energy trading. Information about DTE Energy is available at www.dteenergy.com and at www.twitter.com/dte_energy.

Join us on Facebook & click “Like” to add MIOSHA as one of your Favorite Pages.

For more information about LARA, please visit www.michigan.gov/lara.  Follow us on Twitter www.twitter.com/michiganLARA, “Like” us on Facebook or find us on YouTube www.youtube.com/michiganLARA.

 

Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL), a leading solar power technology and solar system integration company, announces today the filing of Patent Application Number 13198076 Titled ‘Networked Solar Panels and Related Methods’, which addresses challenges in the solar energy market.

The current issue with solar energy lies in the increasing popularity of distributed solar panels and their compatibility or lack thereof with the current electrical power grid systems. The electrical power generated by the solar panels varies considerably with the change of environment, such as weather. The unpredictable fluctuation of the power output from the vast amount of solar panels introduces adverse effect on the power grid system. The patent filed by Sunvalley solar tackles the problem on two fronts: power release from the panels and communication with the centralized power grid control system.

“With the increase in viability, popularity and availability of energy from solar systems it necessary to maintain the uniformity of the power supplied not only for the individual users but for the central power grids as well. Our invention will greatly reduce the adverse effect on the power grid system caused by unpredictable output power fluctuations, and make the solar technology much easier to be integrated with other types of energy sources,” said Fang Xu, CTO of Sunvalley Solar Inc, “We are collaborating with our solar equipment supply partners to address this issue effectively. We will continuously work towards design optimization and develop more innovations in this field.”

About Sunvalley Solar, Inc.

Sunvalley Solar, Inc. is a leading solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy. Located in Los Angeles, California, Sunvalley Solar Inc. is committed to reducing the world’s carbon foot print from traditional energy sources to make renewable sources such as solar the nation’s mainstream source of power.

To learn more, visit www.sunvalleysolarinc.com.

Forward-Looking Statement: The statements in the press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

 

 

 

Magnalight Releases a New Portable and Rechargeable Battery Powered Light TowerLarson Electronics’ Magnalight.com has released a new battery powered light tower that can be extended to 8 feet in height and recharged from 115VAC or 12VDC power sources. Rated IP67 resistant to water and dust intrusion, LED10W-LT portable light tower contains a 10 watt LED light head producing 800 lumens that can be elevated to 8 feet in height. Capable of operating for 40 hours on a single charge, this portable LED light tower is ideal for use on construction sites and emergency scenes as an easily deployed construction flagger light or work area illuminator.

The LED10W-LT portable light tower from Magnalight.com contains a single 10 watt LED light head mounted atop an extendable aluminum mast that can be elevated to 8 feet in height. Producing 800 lumens of light, this unit can illuminate an area 50 feet wide by 50 foot long for 40 hours before requiring recharging. The LED light head can also be ordered in a spotlight configuration to produce a well focused wide spot beam 900 feet in length. The LED light head is vertically and horizontally adjustable and a set of collapsible polyethylene legs provide stability in windy conditions. A 33 amp hour AGM sealed lead acid battery provides 500+ charging cycles and can be recharged via a common 115VAC power outlet or 12VDC through an included 12 volt adapter and integrated cigarette plug socket. FAA, DOT, CAB, IA and TA approved for air transport, this portable LED light tower is also MUTCD Section 6E compliant for illumination, visibility and temporary lighting, meeting requirements for nighttime traffic control and construction lighting for worksite flaggers. Magnalight.com offers several options for this light including their LED10W-6R LED light head which produces 4800 lumens and covers an area 400 feet long by 350 feet wide. The optional LED10W-6R LED light head produces a 5.5 hour run time and is an additional charge. The housing and light head assembly on this portable light tower is rated IP67 resistant to intrusion from water and dust and weighs only 35 lbs. Equipped with an integrated carrying handle, this unit is ideal for use on construction sites as a flagger light, and well suited for use by emergency first responders and law enforcement as an easily deployed source of scene lighting.

“The LED10W-LT offers both portability, durability and bright, white light output for temporary job site applications, including road side flagging and first responder work area lighting,” said Rob Bresnahan. “This portable, battery powered, telescoping LED light is ideal for a wide variety of work area lighting applications where long run times, disconnected from a power source is useful.”

Larson Electronics’ Magnalight produces a wide range of LED work light, work area lights, Led light towers, LED floodlights and LED equipment lights. The entire line of Magnalight lighting products can be viewed by visiting Magnalight .com or call 1-800-369-6671 to learn more about custom ordering options. For international inquires call 1-214-616-6180 for more details

Nissan Americas has announced its support for the U.S. government’s proposal to set new nationwide greenhouse gas and fuel economy standards for passenger cars and light trucks between MY2017 and MY2025.

The Obama Administration has committed to continuing on the path of a harmonized national greenhouse gas and fuel-economy program for passenger cars and light-duty trucks. Nissan endorses this “one national program” approach as essential to future technical innovations across the automotive industry.

The rigorous new greenhouse gas targets call for a 5 percent year-over-year improvement in CO2 reduction for passenger cars and 3.5 percent year-over-year improvement for light trucks from MY2017-MY2021 as an estimated industry average. After MY2021, the proposal calls for a 5 percent annual increase for both passenger cars and light trucks through MY2025. Nissan has committed to working with the administration, the Environmental Protection Agency, the Department of Transportation and the California Air Resources Board as they solidify the details surrounding the aggressive targets.

“The Obama administration has issued some extremely challenging greenhouse gas reduction and fuel economy improvement targets, but Nissan is a company built on innovation and we’re up to the task,” said Scott Becker, senior vice president, Administration and Finance, Nissan Americas. “Nissan’s recent product introductions – including the all-electric Nissan LEAF, the Infiniti M Hybrid and improvements to internal-combustion technology – demonstrate our multifaceted approach to meeting consumer demand for increased fuel economy across our product lineup and to achieving these rigorous targets. We’re looking forward to helping achieve the Administration’s goals under one national standard, which supports long-term planning and technology development.”

Nissan introduced the LEAF – the world’s first and only 100-percent electric car for the mass market – in December 2010 and since has sold more than 4,000 units in the United States. Nissan recently announced the introduction of new markets, including Washington D.C., to the LEAF’s rollout schedule. The LEAF has achieved a fuel-economy rating of 99 mpg combined city/highway. Starting with the 2013 model year, Nissan will be building the Nissan LEAF and the lithium-ion batteries that power it in the United States, at its manufacturing facilities in Smyrna, Tenn., while the electric motors will be built at Nissan’sDecherd, Tenn., engine plant.

The Infiniti brand recently introduced a hybrid system on the Infiniti M luxury sedan, which allows it to produce V-8 power with 4-cylinder fuel economy. The Infiniti M Hybrid is the only car sold in the U.S. with more than 350 hp and an EPA rating greater than 30 mpg, achieving 32 mpg on the highway cycle. This technology was developed specifically to be compatible with other models across the line-up.

Debuting on the 2012 Versa sedan, Nissan also is launching its “Pure Drive” initiative, which showcases Nissan’s continuing commitment to development of environment-friendly technology through improved fuel economy on internal combustion engine vehicles. The Versa Sedan employs a dual fuel injector system, the next-generation continuously variable transmission, and other advanced technologies. The “Pure Drive” designation and technology will spread to other vehicles in the Nissan lineup as well.

About Nissan Americas

In the Americas, Nissan’s operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and was recognized as an ENERGY STAR® Partner of the Year by the U.S. Environmental Protection Agency in 2010 and 2011. More information on Nissan in North America, the Nissan LEAF and zero emissions can be found at www.nissanusa.com.

About Nissan

Nissan Motor Co., Ltd., Japan’s second largest Japanese automotive company by volume, is headquartered in Yokohama, Japan and is an integral pillar of the Renault-Nissan Alliance. Operating with more than 150,000 employees globally, Nissan provided customers with more than 4 million vehicles in 2010. With a strong commitment to developing exciting and innovative products for all, Nissan delivers a comprehensive range of fuel-efficient and low-emissions vehicles under the Nissan and Infiniti brands. A pioneer in zero-emission mobility, Nissan made history with the introduction of the Nissan LEAF, the first affordable, mass-market, pure-electric vehicle and winner of numerous international accolades including the prestigious 2011 European Car of the Year award. For more information on our products, services and commitment to Sustainable Mobility, visit our website at http://www.nissan-global.com/EN/.

Electric-Powered Mitsubishi i Earns Impressive EPA RatingWhen it comes to the new Mitsubishi i electric vehicle, the sales professionals at Bill Jacobs Mitsubishi cannot wait to be able to offer it to the public. When it comes to buying a new Mitsubishi in Joliet, Illinois, they are tough to beat on selection of vehicles and customer service, which is even more important to some people. The new EPA rating for the Mitsubishi electric car that is coming is really quite impressive in many ways.

The 100% electric-powered Mitsubishi i has earned an EPA-rated 126 MPGe in city driving and 99 MPGe out on the highway – for a total of 112 MPGe combined. Additionally, the EPA has also awarded the stylish and fun-to-drive electric vehicle (EV) a “real world” driving range of 62 miles, which is quite impressive when it comes to zero emission vehicles of the future.

Advanced safety features that are standard on the new electric car from Mitsubishi.

  • Dual-stage supplemental front air bags
  • Driver and front passenger seat-mounted side impact supplemental air bags
  • Roof-mounted curtain side-impact supplemental air bags for front and rear-seat outboard passengers
  • Active Stability Control (ASC) with Traction Control Logic (TCL)
  • 4-wheel Anti-Lock Braking system (ABS) with Electronic Brake force Distribution (EBD)
  • Tire Pressure Monitoring System (TPMS)
  • A high voltage cut-off system
  • An Approaching Vehicle Audible System (AVAS)

“We feel that with the combination of capability, affordability, and high level of efficiency offered by the 2012 Mitsubishi i will prove very appealing to consumers considering EV transportation,” said Yoichi Yokozawa, President and CEO of Mitsubishi Motors North America.

In November of this year, MMNA will launch the battery-powered EV, the Mitsubishi i, as part of a mission to offer consumers more environmentally responsible modes of transportation. This battery-powered electric vehicle technology addresses the need for vehicles that produce zero tailpipe emissions. It supports a growing agenda for sustainability.

Local residents who want to buy a Mitsubishi in Joliet, Illinois or find out more about the electric vehicle coming from this technologically advanced car company are encouraged to drop by Bill Jacobs Mitsubishi. As the leading Mitsubishi dealer in Joliet, they have the selection and service consumers demand as well as all the high-tech cars.

As the summer heat beats down and energy prices are on the rise, many homeowners are seeking to trade in their old air conditioning units for more energy efficient models in hopes of controlling costs.  MXenergy, one of the nation’s leading independent energy providers, cautions people to choose wisely when selecting their next unit.

“The common perception seems to be bigger is better,” says Marjorie Kass, MXenergy Managing Director.  ”In fact, recent studies suggest that one third to one half of home central air units are actually oversized.  Rather than leading to greater cooling it results in greater inefficiency and higher costs.”

MXenergy counsels its customers to take three factors into account when shopping for a new cooling system.

1. High Efficiency

Customers should look for in room units with an Energy Efficiency Ratio (EER) greater than 10 and for a Seasonal Energy Efficiency Ratio (SEER) higher than 12 in central units.

2. Proper Sizing

Contractors should consult the manuals produced by the Air Conditioning Contractors of America which examine a home’s size, insulation, direction and window placement to determine proper unit size.  Oversized units turn on and off more frequently actually creating greater inefficiency and higher costs for the homeowner.

3. Proper Installation

Homeowners need to make sure new units are installed by trained, licensed contractors to ensure proper installation and therefore proper efficiency.

Kass reminds customers the quest for lower cooling bills doesn’t end simply with the purchase of a new air conditioner.

“No matter how energy efficient your home air conditioner is,” says Kass, “there are still simple actions you can take which will further boost your energy savings and reduce your carbon footprint.”

Installing a programmable thermostat, insulating the roof and attic, choosing and using quality window blinds and awnings, and providing shade for outdoor units can also significantly increase energy saving

About MXenergy

MXenergy is one of the fastest growing retail natural gas and electricity suppliers in North America, serving approximately 500,000 customers in 41 utility territories in the United States and Canada. For over 11 years, the company has provided millions of customers with a choice in how they purchase energy to run their homes and businesses.  Founded in 1999 to provide natural gas and electricity to consumers in deregulated energy markets, MXenergy helps residential customers and small business owners control their energy bills by providing both fixed and variable rate plans MXenergy is committed to best practices in environmental conservation, supporting local communities through various outreach programs and is a member of the Chicago Climate Exchange.  For more information about MXenergy please visit www.mxenergy.com.

HOUSTON  (Profitable.com)  Noble Energy, Inc. (NYSE: NBL) announced today a significant natural gas discovery at the Leviathan exploration prospect offshore Israel. Drilled in the Rachel license, the well encountered a minimum of 220 feet (67 meters) of net natural gas pay in several subsalt Miocene intervals. Apparent reservoir quality is very good, and the intervals discovered are geologically similar to those intersected at Tamar.

Leviathan-1, located in approximately 5,400 feet (1,645 meters) of water, is about 80 miles (130 kilometers) offshore of Haifa and 29 miles (47 kilometers) southwest of the Tamar discovery. The results from the well confirm the pre-drill estimated resource range, with a gross mean for Leviathan of 16 trillion cubic feet (450 billion cubic meters). The Leviathan field is estimated to cover approximately 125 square miles (325 square kilometers) and, as a result of its size, will require two or more appraisal wells to further define total gas resources.

Charles D. Davidson, Noble Energy’s Chairman and CEO, said, “Leviathan is the latest major discovery for Noble Energy and is easily the largest exploration discovery in our history. In the past two years, we and our partners have made three significant natural gas discoveries in the Levantine basin. Total gross mean resources discovered are estimated to be approximately 25 trillion cubic feet (700 billion cubic meters), with nearly 8.5 trillion cubic feet (240 billion cubic meters) net to Noble Energy’s interest. The Leviathan discovery has further confirmed our geologic models and interpretation of this basin and validates that it contains significant natural gas resources.”

David L. Stover, the Company’s President and COO, added, “Our exploration program continues to deliver outstanding results. This discovery has the potential to position Israel as a natural gas exporting nation. For nearly a year now, we have had a team evaluating market possibilities, which includes various pipeline and LNG options. It’s our belief that the natural gas resources at Leviathan are sufficient to support one or more of the options being studied. We are excited to be leading the exploration and development in this new basin and look forward to determining the best development option.”

Drilling at Leviathan-1 will continue to a planned total depth of 23,600 feet (7,200 meters) to evaluate two additional intervals. Current well depth is 16,960 feet (5,170 meters). Results from the deeper tests, which have a low chance of success, are expected over the next couple of months. The Company’s second contracted rig will arrive in the Eastern Mediterranean in early 2011 to spud a Leviathan appraisal well located 8 miles (13 kilometers) northeast of the discovery well.

Noble Energy operates Leviathan, offshore Israel, with a 39.66 percent working interest. Other interest owners are Delek Drilling and Avner Oil Exploration with 22.67 percent each and Ratio Oil Exploration with the remaining 15 percent. The Company also operates Tamar in the Matan license and Dalit in the Michal licenses with 36 percent working interests.

Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company has core operations onshore in the U.S., primarily in the DJ Basin, in the deepwater Gulf of Mexico, offshore Eastern Mediterranean, and offshore West Africa. Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL. Further information is available at www.nobleenergyinc.com.

This news release includes projections and other “forward-looking statements” within the meaning of the federal securities laws. Such projections and statements reflect Noble Energy’s current views about future events and financial performance. No assurances can be given that such events or performance will occur as projected, and actual results may differ materially from those projected. Risks, uncertainties and assumptions that could cause actual results to differ materially from those projected include, without limitation, the volatility in commodity prices for crude oil and natural gas, the presence or recoverability of estimated reserves, drilling and operating risks, exploration and development risks, government regulation or other action, the ability of management to execute its plans to meet its goals, competition, the ability to replace reserves, environmental risks and other risks inherent in Noble Energy’s business that are detailed in its Securities and Exchange Commission filings. Words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may,” and similar expressions may be used to identify forward-looking statements. Noble Energy assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.

Cautionary Note to Investors — The Securities and Exchange Commission prohibits oil and gas companies, in their filings with the SEC, from disclosing estimates of oil or gas resources other than “reserves,” as that term is defined by the SEC. We use certain terms in this news release, such as “natural gas resources” and “total gross mean resources,” which describe quantities of oil and gas that may not meet the SEC’s definitions of proved, probable and possible reserves, and which the SEC’s guidelines strictly prohibit us from including in filings with the SEC. These estimates are by their nature more speculative than estimates of proved reserves and accordingly are subject to substantially greater risk of being recovered by us. Investors are urged to consider closely the disclosures and risk factors in our Forms 10-K and 10-Q, File No. 1-07964, available from Noble Energy’s offices or website, www.nobleenergyinc.com. These forms can also be obtained from the SEC by calling 1-800-SEC-0330.