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GENI RSS - Global Energy Network Institute - The Global Energy Network Institute (GENI) focuses on the interconnection of electric power networks between nations and continents, with an emphasis on tapping abundant renewable energy resources. NAIVASHA, Kenya (AlertNet) – Kenya has inaugurated Africa’s biggest geothermal power project in a bid to meet its growing need for electricity and lower its consumption of nonrenewable energy. The 280 megawatt (MW) Olkaria Geothermal Project was commissioned by Kenya’s president, Mwai Kibaki, in July. India’s Ministry of New and Renewable Energy (MNRE) has issued a draft solar policy for Phase II of the country’s Jawaharlal Nehru National Solar Mission (JNNSM), outlining its strategy to install 10GW by 2017 through mostly utility-scale projects. The US Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) has released an updated 20-year version of its US National Solar Radiation Database. US PV manufacturer SunPower has entered into a definitive joint venture agreement with three of its partners based in Mongolia and China. Orix Corporation, a financial services company based in Tokyo, Japan, has entered into a strategic partnership with Kyudenko Corporation to jointly launch a a€?mega-solara€? power generation business on the Japanese island of Kyushu. Orix Corporation, a Japanese financial services group, has announced it will begin developing 81.6MW worth of a€?mega-solara€? PV plants at 17 sites across Japan. From 2013, solar-powered litter bins offering wireless internet will be placed on the streets around the city of Aberdeen in Scotland.
Grid parity for residential and commercial consumers is within reach in many European countries, according to the PV Parity project consortium. The President of Costa Rica Laura Chinchilla has officially inaugurated a 1MW solar park in Miravalles which is said to be the country’s largest PV plant to date and the largest project of its kind in Central America. A slew of emerging markets for PV have been identified in a weighty new report from market research firm IHS, which has identified 20GW of PV projects across Asia Pacific, Latin America, Middle-East, Africa and "emerging Europe".
US PV project developer SunEdison, Chint Solar, the Public Investment Corporation and the Kurisani Youth Development Trust have obtained US$314 million in long-term debt and equity financing for two large-scale solar projects in Limpopo province, South Africa. China’s CSP capacity could increase to 3GW by 2015, although more conservative estimates predict it will only grow to 1GW, according to a paper by the Chinese Academy of Sciences. The installed cost of solar power systems in the US fell substantially last year and in the first half of this year, according the Department of Energya€™s Lawrence Berkeley National Laboratory.
The National Solar Jobs Census 2012 published earlier this month revealed that solar companies are hiring faster than the general economy.
The first African initiative to generate hydrogen from water using renewable energy has been installed in Morocco. The global energy map is changing “in dramatic fashion”, the International Energy Agency (IEA) said today, as it launched the 2012 edition of its World Energy Outlook.
The US$12 billion should have been invested in harnessing renewable energy sites where a€?the wind blows the hardest or the sun shines the fiercesta€? such as in the deserts of Asia, the Americas and Africa, says Dr. World Resources Institute identifies 1,200 coal plants in planning across 59 countries, with about three-quarters in China and India More than 1,000 coal-fired power plants are being planned worldwide, new research has revealed. Megalim Solar Power, a company established by BrightSource Energy and Alstom, has won the bid to build a 121MW solar thermal power plant in Israel. Four years ago, six months before the last presidential election, I expressed skepticism about whether the United States would adopt a cap-and-trade carbon reduction plan, even though both candidates Obama and McCain had explicitly favored such a system. Tokelau has become the first territory able to meet all its electricity needs with solar power, officials say. Laos plans to start building a dam on the Mekong River this week, a step that neighboring Cambodia and Vietnam fear could imperil fish and cripple rice fields. Italy has a total of 456,575 grid-connected PV plants currently in operation, benefitting from the country’s Conto Energia V incentive programme, according to figures published by Italian energy agency GSE. LONDON, Nov 5 (Reuters) - The world will have to cut the rate of carbon emissions by an unprecedented rate to 2050 to stop global temperatures from rising more than 2 degrees this century, a report released by PwC on Monday showed.
Iceland's famous for its breathtaking scenery, its geysers, its Blue Lagoon--and for sitting astride the Mid-Atlantic Ridge.
According to RTT News, Gestamp and Zynergy’s joint venture (JV), Southern Solar, will complete the first 25MW of the project by March. On July 30thA and 31stA the world's largest blackout -- The Great Indian Outage -- stretching from New Delhi to Kolkata occurred. The Serbian government and Luxembourg-based investor Securum Equity Partners have signed a binding framework agreement for a 1GW PV deal. US PV project developer Tenaska has installed the first PV module forA its 130MW Tenaska Imperial South solar project located at the company’s Imperial Solar Energy Center South facility near El Centro, California. The Development Bank of Southern Africa (DBSA) has approved loan facilities worth R9,668.50 billion (US$980 million) earmarked for 13 solar projects in South Africa.
The solar plant holds a 56MW installed capacity and is outfitted with nearly 700,000 thin-film PV panels from First Solar.
US PV manufacturer SunPower Corporation has announced the completion of a 13.78MW solar power system at the US Naval Air Weapons Station China Lake (NAWS China Lake) in California.
The surge in solar activities in Japan is continuing with Tokyo-based Marubeni Corporation announcing plans to create a a€?mega-solar power businessa€? by building an 81.5MW solar plant in Oita City, Japan. IKEA has allocated €1.5 billion to solar and wind projects up to 2015 in a bid to meet all its on-site energy demands from renewable sources by 2020. Perhaps more than any other state, California has acted on the scientific consensus that global climate change is real and man-made.
The Energy Department released a new report on August 14 highlighting strong growth in the U.S.
It’s getting harder and harder to call wind power a niche source of electricity in the United States. Lockheed Martin secured a contract with the Office of Naval Research for the design and development of solid oxide fuel cell generator sets as an alternative to traditional battlefield power generation equipment. Through the NY-Sun Initiative — a programme which aims to co-ordinate a well-funded solar energy expansion plan — US$107 million will be injected into the NY-Sun Competitive PV Program to facilitate the development of large-scale PV systems throughout New York, US, Governor Andrew Cuomo has announced.
Energy minister of Punjab, India, Bikram Singh Majithia announced new financial incentives to be incorporated into a revised renewable energy policy for 2012.
The government of the state of Gujarat in India has confirmed it is exploring the possibility of setting up a 1,000MW solar power project in conjunction with the International Finance Corporation (IFC).
Through its Engineering and Support Centre, Huntsville, the US Army Corps of Engineers has issued a multiple-award task order contract (MATOC) RFP for US$7 billion in total contract capacity for the acquisition of locally generated, renewable and alternative energy through PPAs. When you see a lot of sixes coming up on a friend’s Monopoly dice, you might begin to harbor a suspicion that the dice are loaded. The global PV monitoring market is predicted to reach 23GW in 2012, according to the Global PV Monitoring 2012 report published by GTM Research.
A partnership between the Interior and Defense departments will reopen 16 million acres of land to renewable energy development. According to a study by the Bureau of Resources and Energy Economics (BREE), PV, along with onshore wind, will be the cheapest sources of electricity in Australia by 2030. The latest installation figures from the German Federal Network Agency show that the country’s mid-year subsidy change for rooftop installations has caused a surge in solar demand for the first half of 2012, with more than 4.3GW installed in a period of just six months.
Public Service Electric and Gas (PSE&G), a US electric and gas company, has announced that it will submit a request to New Jersey Board of Public Utilities (BPU) for approval to invest up to US$883 million to expand its Solar 4 All and Solar Loan programmes in order to develop an additional 233MW of solar capacity.
US retail giant Walmart is continuing to fulfill its promise to invest in renewable energy and has installed solar panels on the rooftop of its College Avenue store in San Diego to generate electricity.
According to Hellenic Transmission System Operator SA (HTSO), Greece has installed an additional 97MW of grid-connected PV capacity in June 2012, bringing its total PV capacity to 724MW.
China’s PV manufacturing base saw a major setback in the first and second quarters of 2012, with a severe slump in exports sparking the government to step in and further raise its PV installation target to 50GW, according to the latest quarterly report on China’s PV market from IMS Research.
Japan's largest single utility-scale solar power plant, using 290,000 multicrystalline solar modules supplied by Kyocera is expected to cost in the region of US$345 million or approximately ?27 billion when complet by autumn 2013. Perhaps not in the way Enerplan wished in a statement to France’s new president, Francois Hollande, but the country is pushing forwards with its plans for renewable energy generation. Shaded parking array designed and developer, Envision Solar International, has announced that through a new partnership with Aconfort, it will be developing new business initiatives through the United Arab Emirates, Qatar and Spain. The latest global PV inverter market report from IMS Research paints a mixed business environment for the sector that has more than 150 active suppliers.
SolarCity announced that it has partnered with Credit Suisse on a second round of investment. Credit Suisse, which just announced its US$200 million partnership with Solar City, has additionally advised that it has committed US$200 million to Sunrun. As California is in the midst of policy decisions that will determine its energy future, the GEA National Geothermal Summit will bring policy and industry leaders together in Sacramento Aug.
Endemic overcapacity and continued price declines within the polysilicon sector impeded Korean OCI Company’s previously announced plans for the construction of two plants in May.
Researchers have fashioned a new transparent solar cell that will not only permit windows at homes to generate power but also enable people to see outside. Renewable energy will help in Afghanistan's energy scarcity problem according to a study by a researcher from Kansas State University. SolarCity has embarked on the second phase of Project SolarStrong, a billion dollar initiative to install solar panels on 120,000 units of privately managed U.S. A new web application collects cost and performance estimates for electric generation, advanced vehicles, and renewable fuel technologies and makes them available for utilities, policy makers, consumers, and academics. Greater amounts of renewable energy are continually being added to the power mix in the Western states, so ways to integrate those resources are paramount. New research by Columbia Engineering demonstrates remarkable optical nonlinear behavior of graphene that may lead to broad applications in optical interconnects and low-power photonic integrated circuits. Chinese company Sky Solar will be a conduit to help form a strategic partnership for bilateral free trade between China and Chile. Some of the weather extremes bedeviling people around the world have become far more likely because of human-induced global warming, researchers reported on Tuesday. Ireland must invest even more in renewable technologies, expand grid integration and improve energy efficiency, the International Energy Agency says in a review of Irish energy policies, published today. By 2050, more than 6 billion humans are expected to live in cities, according to the United Nations. Fresh off the record-setting solar weekend in Germany, the country's transmission operators say plans are in the works for a huge transmission line buildout to accommodate growing wind power resources. SunEdison has sold a total of 98MW of European PV projects, the company has announced, closing three transactions last week. The US Senate’s recent vote to not extend the Department of Treasury's solar energy tax incentive has resulted in a creative alternative by underwriters from financial institutions like Bank of America to Credit Suisse and Citigroup. A new report from the International Energy Agency (IEA) has determined that over the next five years, in spite of economic uncertainty, global power generation from hydropower, solar, wind and other renewable resources will increase by over 40% to 6,400TWh.
The Japanese Bank for International Cooporation (JBIC) has signed a general agreement with ICICI Bank (Bank of India) for an export credit line of up to US$30 million to fund a variety of renewable energy projects, it has been announced.
In 2011, California became the first US state to install more than 1GW of customer-generated solar energy, according to figures published by the California Public Utilities Commission. Japan has published its latest strategic energy plan, originally formulated in 2003 and reviewed every three years by conference bodies as well as various opinion polls.
Spain-based Solarpack Corporacion Tecnologica was recently awarded a contract to supply energy to northern Chile's Collahuasi copper mine. The Obama Administration today announced 36 new states, local governments, and school districts have joined President Obama's Better Buildings Challenge. 350 megawatt photovoltaic facility in Nevada will benefit Moapa Band of Paiute Indians, generate enough power for over 100,000 homes.
Lux Research’s Putting High-Concentration Photovoltaics into Focus report is expecting for high-concentrating PV (HCPV) to start making a bigger footprint in the solar industry. Chinese PV company Sky Solar is planning to invest in a 300MW PV project in Chile, according to a report by Reuters.
Speaking at the United Nations Conference on Sustainable Development (Rio+20), Secretary-General Ban Ki-moon today announced that more than one hundred commitments and actions have been already mobilized in support of the UN’s global sustainable energy initiative.
How much renewable energy can the United States accommodate over the coming decades is the subject of a new report published by the National Renewable Energy Laboratory (NREL). When Masayoshi Son heard about the nuclear meltdowns in Fukushima last year, he had a mini meltdown of his own. Japan approved on Monday incentives for renewable energy that could unleash billions of dollars in clean-energy investment and help the world's third-biggest economy shift away from a reliance on nuclear power after the Fukushima disaster. A new lithium ion battery technology may finally make the devices cheap enough and durable enough to turn electric cars from a niche product into a mass-market mode of transport. Cuba looks forwards to adding a 16.5 percent renewable energy contribution to the country's energy output as a crucial factor for security, sustainability and sovereignty.
Global investments in clean energy need to double by 2020 to avoid missing climate change targets, the International Energy Agency (IEA) said on Monday, calling on governments to spend more on technologies such as carbon storage and solar power. Norwegian-based Scatec Solar and IFC InfraVentures have entered an agreement to develop a number of PV plants in West and Central Africa, the companies have announced. IBM and CUNY Ventures, a City University of New York (CUNY) Economic Development unit, have partnered under the Smart NY program in order to encourage the adoption of solar. Having increased the allocation of solar projects to 350MW by 2016, in February this year, Karnataka Renewable Energy Development (KREDL) is in the process of seeking government approval for a solar park, following in the footsteps of states like Gujarat. Pakistan's slow economic growth and energy shortage could be coming to an end if proposals from Suntech to establish 100MW in the country are realized.
CNPV Solar Power executives were on hand, May 2, at Enel Green Power’s inauguration ceremony for its solar geothermal hybrid project in Stillwater, Nevada. Retail giant, Macy’s, has added a new solar array to the rooftop of its Edison, New Jersey distribution centre.
An Energy Bag has been developed for undersea compressed air energy storage (CAES) of offshore wind, wave and tidal power. Bangladesh has evinced keen interest in importing power from Arunachal Pradesh, once the ongoing hydro electric projects in the state are commissioned. That's right - half of all of Germany was powered by electricity generated by solar plants.


The Inter-American and Development Bank (IDB) and Japan International Cooperation Agency (JICA) have entered a co-financing agreement worth US$600 million to invest in renewable private-sector projects in South America and the Caribbean. Nicaragua’s Ministry of Energy and Mines has started construction on a 1.38MW project in the west of the country.
The fast EV charger has been designed for fast charging in commercial and office areas, and can fully charges an electric car in 30-120 minutes. Seoul: India has formally offered to provide Pakistan with 5,000 megawatt electricity to fulfill its energy requirements on an urgent basis regularly which could be transmitted through Punjab without much delay. Due to an aggressive FiT cut of between 20% for residential and 30%, for large-scale PV installations the German government will introduce the FiT cuts from March 9, 2012. The National Renewable Energy Laboratory (NREL) has, in collaboration with New Energy Technologies, produced its largest-area OPV module ever at 170cm2. The State Grid Corporation of China (SGCC), the country's largest power supplier, pledged Tuesday to launch projects in the country's most remote corners, offering another 2.07 million people access to electricity by the end of 2015. Over the past few years, Nicaragua's energy sector has become a State priority, and wheels have been set in motion to promote its development – as well as seek large-scale renewable energy projects. An eminent UK engineer is suggesting building cloud-whitening towers in the Faroe Islands as a "technical fix" for warming across the Arctic. Former president Bill Clinton and NRG Energy’s president David Crane visited Haiti to examine the progress of the solar power installations built in partnership with the Solar Electric Light Fund (SELF).
Standing on the shores of the Mediterranean, anywhere from Tangiers to Istanbul, it’s not exactly difficult to imagine the region’s renewable potential.
The National Renewable Energy Laboratory (NREL) has verified Alta Devices’ most recent and highest efficiency solar panel at 23.5%. There exists great wind energy potential that remains to be tapped in South Africa, experts said, reports Xinhua.
Generation from wind turbines in the United States increased 27% in 2011 compared to 2010, continuing a trend of rapid growth. Japan this week marks the one year anniversary of the devastating earthquake and tsunami that has since forced it to re-evaluate its nuclear strategy. A new report released today by the Institute for Energy and Environmental Research shows that Minnesota can meet 100% of its electricity needs with in-state wind and solar power, and (with ample energy efficiency investments) at a comparable cost to its existing electricity supply.
Despite last year's bankruptcies of several solar manufacturers, including government-backed Solyndra, the U.S. Australian firm Klau Geomatics is now producing PPK (Post Processed Kinematic) GNSS positioning systems for drones and light manned aerial mapping systems.
Minimize your cost by using the Phoenix Mapper fixed-wing drone for a variety of inspection and site mapping applications.
In the aftermath of a BrokerCheck study that concluded 1 in 13 advisors have tainted histories, Senator Elizabeth Warren (D-Mass.) is asking the Financial Industry Regulatory Authority to disclose plans for curtailing broker misconduct. In the most recent Eaton Vance Advisor Top-Of-Mind Index study, more than half of advisors surveyed said their concerns over market volatility have increased in the past 12 months. Brilliance isn’t essential for successful financial professionals and, if anything, can be a characteristic that makes employees hard to manage, says David Rubenstein, founder of private equity advisor The Carlyle Group. Advisory firms often focus on training their sales reps and ensuring that advertising and web campaigns target appropriate customers. Changes to forms 1099-R and 5498 that require IRA custodians to disclose hard-to-value assets in IRAs could lead to the Internal Revenue Service increasing its enforcement of required minimum distributions.
Present bias, or spending money now rather than saving, and failing to appreciate the power of compounded earnings has cost retirement savers $1.7 trillion. A lawsuit alleging that Edison International improperly favored high-fee funds for its 401(k) plan has been rejected by 9th U.S. The Security and Exchange Commission’s Investor Advisory Committee wants the regulator to mandate that standard fees be disclosed--in actual dollar amounts--on customer account statements. Morgan Stanley is building a help desk with more than 10 staffers who will answers questions from financial advisors about complying with the new retirement fiduciary rule.
Even though markets have been calm recently, the large equity selloff in the second half of 2015 and in the early portion of 2016 illustrates how quickly investor sentiment can sour. Robo-advisor Betterment has raised another $100 million in venture capital and plans to use the funding to build out additional advice products. The registered investment advisor community is quickly growing as clients increasingly prefer working with advisors who comply with the fiduciary standard, says Bill Van Law, president of Raymond James’s Investment Advisors Division.
Advisors with the Certified Financial Planner distinction tend to have higher levels of trust among clients and earn, on average, 20% more than other advisors, according to a study funded by the CFP Board of Standards and conducted by the Aite Group. The Securities and Exchange Commission has created the office of Risk and Strategy to focus on examining investment advisors and mutual funds. Many Americans nearing retirement age are pursuing careers with a charitable or civic service nature, which is creating opportunities for financial planners. The Securities and Exchange Commission’s decision to shift resources from broker exams to advisor exams has been driven by necessity, says Marc Wyatt, director of the examinations office. Among black working-age households, 62% have no savings in retirement accounts, while only 37% of working-age white households lack such savings, according to a National Institute on Retirement study. Individuals who are old enough to sneak past the recent termination deadline for using the file and suspend strategy that helps boost Social Security benefits are reportedly being told they are not allowed to use the strategy. A study of retirement assets during the 2000s has concluded that retirees in the top quintile of wealth have been spending substantially less than their savings allows for. Funding for the Securities and Exchange Commission and the Futures Trading Commission would be doubled by 2021 under the budget recently proposed by President Obama. President Obama’s proposed budget includes provisions that would increase the number of Americans covered by employer-sponsored retirement plans by expanding the use of multiple employer plans. Bill McNabb, who is the chief of ETF giant The Vanguard Group is warning the industry that the large number of ETFs being launched could create problems for investors. The Department of Labor’s proposed fiduciary standard could create a big increase in orphan accounts, which are accounts that end up being managed by home offices rather than by broker-dealers registered reps, says Paul Sankovich, chief compliance officer at Wells Fargo Advisors Financial Network.
The Financial Industry Regulatory Authority (FINRA) is investigating how robo advisors manage risk, says Dawn Calonge, surveillance director at the organization. Deena Friedman, who skippered the Fidelity Select Retail Fund to an 18.59% return in 2015, has been selected by Bloomberg as the stock picker of the year. Only one out of every five advisor recruits stays in the industry, but firms can take various steps to improve retention. The Securities and Exchange Commission has fined Everhart Financial Group nearly $240,000 and ordered the advisory firm to appoint a chief compliance officer after the regulator determined that the company was inappropriately recommending funds with 12b-1 fees for retirement plans. With weakening economic growth in China and other concerns driving market volatility, billionaire investor George Soros says capital markets currently remind him of conditions that existed during the economic crisis of 2008.
For financial advisory firms, implementing customer relationship management technology can be a high stakes and dicey undertaking. Galen Marsh, who as a Morgan Stanley advisor downloaded client data to his home computer without permission, has been sentenced to three years of probation and ordered to pay $600,000 in restitution.
Retirement plan fees are falling as 401(k) participants increasingly embrace low-cost products.
The proposed Department of Labor fiduciary standard could cost the financial industry in excessive of $2.4 billion in lost transaction revenues, which is more than double most estimates, says Morningstar Analyst Stephen Ellis. A small number of stocks including Amazon, General Electric, Alphabet, Microsoft, and Facebook drove market gains in 2015.
Having $30,000 in student debt can cut as much as $325,000 from 401(k) balances by the time an individual reaches retirement. Only 64% of advisors responding to a recent Russell Investments Financial Professionals Outlook survey have a positive outlook for capital markets over the next three years. Online market gurus have been forecasting rapid growth of web surfers connecting to cyberspace with smartphones and tablets and a decrease in the use of desktops and laptops.
Smart Beta exchange traded funds captured $3 billion in assets in October and $53.7 billion during the first ten months of this year, according to London-based research firm ETFGI.
Despite occasional articles about advisors stealing from clients, only 2% of individual advisors have reported criminal charges such as felony convictions or investment related misdemeanors, according to an analysis of industry data by Big Crunch. Morgan Stanley advisors who land clients that need cash management services next year can receive bonuses up to $50,000.
Susan Elizabeth Walker, 51, of Plymouth, Minnesota, has been sentenced to more than seven years in the slammer after being found guilty of stealing $1.1 million from at least 24 clients. The Securities and Exchange Commission has issued a warning regarding outsourced compliance programs based on deficiencies that it has uncovered during examinations. Providing low-cost tax return preparation to generate financial planning prospects is just one of a variety of successful strategies. During the past year, daily equity market declines and gains exceeding 1% have been common, with investor sentiment quickly changing based on the prevailing outlook for the Federal Reserve’s monetary policy. File and suspend, which allows one member of a couple to receive a spousal benefit from Social Security while both spouses’ benefits continue to accrue, would be terminated under the budget bill that was recently passed by the House of Representatives. Mounting levels of student debt and declining home ownership among younger people means that many recent college grads will have to work to age 75 before retiring. The Certified Financial Planner Board of Standards should be raising the requirements to become a certified financial planning. Periodically adjusting asset allocations based on expected returns of different asset classes can generate better returns than traditional target date funds, according to back testing completed by Grantham, May, van Otterloo.
Boston-based startup firm Gradifi has launched the Student Loan Paydown Plan, which allows business to make payments toward their employees’ student debt. Impact investors, or those investors seeking to invest in a socially responsible manner, don’t have to sacrifice returns to stay true to their calling, according to a new Wharton School study. In the next five years, private wealth is estimated to grow from approximately $14 trillion to $22 trillion.
Traditional advisors can compete with robo-advisors by being prepared to answer tough questions about fees, understanding what services clients value, expanding their referral networks, and clearly articulating the range of services they provide.
Advisors should ensure that female clients can find financial planning documents, such as life insurance policies in the event that they outlive their husbands. Advisors need to address frequently overlooked aspects of their digital branding to ensure that their reputation and marketing are assets rather than liabilities.
The Department of Labor is moving forward with a rule change intended to help states start retirement plans without running afoul of regulations included in the Employee Retirement Income and Security Act. Financial services firms are awaiting a list of products that the Department of Labor may restrict from being used in IRAs as part of its fiduciary standard rule. Investors younger than 40 ramped up stock purchases on August 24 when the market tanked 1,000 points at the open, according to Robinhood, which is a stock trading app that is frequently used by Millennials.
The Social Security Administration says it will provide retroactive spousal benefits to same-sex couples that were married in states that previously didn’t recognize such matrimonial unions, according to attorneys for plaintiffs. Many advisors may cringe when conversations suffer from akward silence, but such moments can lead to more productive conversations. Labor Secretary Thomas Perez says he will continue to push for a fiduciary standard for retirement plan advisors even though Republicans and moderate Democrats are concerned that the rule could harm low-income individuals. Advisors need to understand the complex emotions that can accompany sudden wealth in order to best serve their clients. While blissful couples pledge to stay married until death, the reality is that approximately 50% of marriages inthe U.S. Collecting Social Security early can help retirees assess how much they can spend because the payments are consistent.
The annual household savings rate climbed to 5.5% last year, up nearly a full percentage point from 2013.
Advisors can engage their clients and strengthen relationships by using appropriate teaching styles for each investor’s preferred method of learning. May and June have been tough months for Bill Gross and his Janus Global Unconstrained Bond Fund with investors withdrawing $50 million from the portfolio during the period, according to Morningstar. The Securities and Exchange Commission recently awarded a whistleblower $3 million for information that helped the regulator crack a complex case of fraud. Advocates of the fiduciary requirement for retirement investment advisors have delivered a petition with 230,000 signatures to the Department of Labor to urge the regulator to support the proposed standard. Industry trade groups are proposing legislation that would require retirement planning advisors to serve in the best interest of clients rather than comply with the Department of Labor’s proposed fiduciary standard, says Steve Saxon, chairman of Groom Law Group. The Lone Star State is home to half of the ten fastest-growing cities in the United States, according to new numbers.  Houston, San Antonio, Austin, Dallas, and Fort Worth all made the list. As energy and food costs continue to rise, families need to stretch every dollar as far as they possibly can. In many regions of the country, the middle class is rapidly losing ground, forcing them to move out of these areas and into more affordable environs.
Because land is plentiful and construction costs are low, home prices are much lower in Texas than the national average.
Long seen as a business-friendly state, Texas has lured hundreds of thousands of business owners in with attractive tax incentives in recent years, many from nearby states like California that have be raising taxes on companies at an unprecedented pace.
As the second-largest state in America, Texas is home to six of the country’s largest cities and countless small towns and medium-size suburbs.
The Lone Star State boasts nearly year-round warm weather, which means you can put in a pool and enjoy it for most of the year. Since housing costs are so low, Texans are less likely to rent for protracted periods of time. Practical, unpretentious, and down-to-earth are probably the three adjectives that best describe Texans. According to numerous surveys and polls, residents of Texas are less likely to move than residents of most other states. At a time when most large states are having a devil of a time balancing their books, Texas has a strong budget surplus.
With rich soil and balmy weather, Texas is a national leader in agriculture, including citrus fruits, which are harvested primarily in the southern region of the state.


Wherever you might sit or stand politically, Texas has always been unfriendly to unions, which is generally good for large businesses. As you might expect in a state this large, Texas is home to many world-class colleges and universities, including Rice University, the University of Texas, Baylor, and Texas A & M, just to name a few.
Once again, this is a sensitive political issue, but most Texans are strong supporters of the Second Amendment. 30, 2012) — Developers of renewable energy and shale gas must overcome fundamental geological and environmental challenges if these promising energy sources are to reach their full potential, according to a trio of leading geoscientists.
The Solar Foundation's review of the US solar workforce found that as of September 2012, the solar industry had grown to 119,016 workers under its definition of those "who spend at least 50% of their time supporting solar-related activities". The completion of Africa’s first wind–hydrogen system is a collaboration between the Pure Energy® Centre in Scotland, Sahara Wind Inc, and Al Akhawayn University in Morocco.
Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) has launched a new tool and redesigned DOE's Alternative Fuels Data Center Web site to help fleet managers, municipalities and consumers choose from a wide variety of alternative fuels and energy efficiency strategies for reducing petroleum use, vehicle emissions, and operating costs.
This year, though neither President Obama or challenger Romney has uttered the words "climate change" during the campaign, my prediction is that the United States will soon adopt some kind of carbon plan, regardless of who wins. Among energy wonks, Iceland is also well known for using its abundant renewable energy, and especially for tapping the volcanic roots of the island in developing its geothermal resources. It has been noted that Rohit Rahindernath, CEO and MD of Zynergy stated that the Southern Solar will buy 202 hectares in the Madurai and Ramnad districts, with the JV planning to sell the power generated by the plants directly to industrial consumers. This blackout caused by northern power grid failure had put nearly 700 million people -- twice the population of the U.S.
Last year, wind turbines represented one-third of all new generation capacity built in the country, behind only natural gas. Lockheed Martin's fuel cell technology will be integrated with solar panels, providing the military with the power needed to perform missions while using dramatically less fuel. Gujarat estimates that the project could cost around Rs 8 to 9 crore per MW, therefore, the 1,000MW project could cost anywhere between Rs 8,000 to 9,000 crore. Moreover, non-tracking PV is estimated to go on to become the cheapest power generation technology in Australia by 2050. This marks the company’s 100th solar installation in California and is in line with its aim to expand its solar portfolio to more than 75% of its stores in the state, approximately 130 stores, by the end of 2013. HTSO also revealed that the country’s PV systems generated 161.5 GWh of electricity in the same month.
Tough competition in the global market place, vast oversupply and falling prices has put Chinese manufacturers’ balance sheets under huge pressure and China’s government has responded by more than doubling its long-term installation target from 20 to 50 GW by 2020. With project finance now in place, construction of the plant in Kagoshima City, on land owned by IHI Corporation, will start in September. Delphine Batho, the new minister for ecology, sustainable development and energy, announced the results of two tenders for solar plants. Although having defended reasonably well against price declines, compared to the rest of the supply chain, the market research firm is forecasting inverter sector revenues to only increase by 3% in 2012, while shipments increased nearly 25%.
The investment will go towards building solar panel installations and will help offset the upfront cost of solar panels for SolarCity customers. The investment will help support the purchase and installation of thousands of residential solar systems in the US. Nevertheless, its North-American arm, OCI Solar Power, has signed a landmark deal with CPS Energy in San Antonio, Texas, to develop more than 400MW of projects.
The Transparent Cost Database (TCDB) app provides technology cost and performance estimates that can be used to benchmark company costs, model energy scenarios, and inform research and development decisions.
With the placement of a sheet of graphene just one-carbon-atom-thick, the researchers transformed the originally passive device into an active one that generated microwave photonic signals and performed parametric wavelength conversion at telecommunication wavelengths. CEO Amy Zhang recently attended a banquet hosted by Chilean President Sebastian Pinera in the capital, Santiago, an event also attended by Chinese Premier Wen Jiabao and his entourage.
Yet they ruled it out as a cause of last year’s devastating floods in Thailand, one of the most striking weather events of recent years. Ports, which constitute more than half the world's largest cities, will face unique challenges as their populations swell.
The projects include a 60MW PV plant in Karadzhalovo, Bulgaria, which was sold to a consortium of investors including the First Reserve Energy Infrastructure Fund, Saudi Arabian developer ACWA Power and Turkish private equity firm Crescent Capital. The report, Medium-Term Renewable Energy Market Report 2012, finds that renewable electricity generation should expand by 1,840TWh between 2011 and 2017; nearly 60% more than the 1,160TWh growth found to have taken place between 2005 and 2011. The scheme is aimed at both bridge finance as well as long-term finance of solar projects and will be offered to companies already under PPAs. Other private Japanese institutions will also co-finance the loan, adding another US$50 million to the credit line, making the credit a total of US$80 million.
The company has been responsible for the design and construction of the plant and has also supplied 13,000 thin-film PV modules for the installation. The report, California Solar Initiative (CSI) also demonstrates that 311MW were installed in the investor-owned utility territories last year. The latest revision includes a road map of energy-based economic growth and reformation of the energy infrastructure. According to a statement emailed to Bloomberg from Compania Minera Dona Ines de Collahuasi, the company will deliver 60,000MWh of energy a year from two solar plants, beginning in Q4 2013. These new commitments total nearly 300 million square feet in job-creating building energy upgrades, equivalent to more than 130 Empire State Buildings.
The research company’s new report expects for HCPV to have a 31% compound annual growth rate until 2017, growing to 697MW in five years.
Sky Solar, in collaboration with Chilean Sigdo Koppers and the Chinese Development Bank, has announced the signing of an agreement on Tuesday, under which Sky Solar is looking to invest US$900 million to construct the 300MW solar power park over three years. Waltham, Mass.-manufacturer A123 Systems has produced a cell that delivers 20 percent more power, works at temperatures as low as a€“30 degrees Celsius and as high as 60 degrees C, and should be just as easy as current batteries to manufacture. IFC will be financing the projects while Scatec will be responsible for designing, developing, constructing and operating PV plants with a capacity of 10MW or more in different African countries. The program aims to develop the ability to analyse and understand key solar market indicators that make solar systems more cost competitive by using IBM's Intelligent Operation Centre (IOC) for Smarter Cities. KREDL wishes to build the 1,000 hectare solar park at Mannur village in Bijapur, India, through a public-private partnership (PPP) model.
Speaking at a meeting attended by Prime Minister Yousaf Raza Gilani, Minister for Water and Power, Naveed Qamar, secretaries of the ministries of EAD, Water and Power, chairman NEPRA, CEO AEDB, Pakistan's ambassador to China and senior officials of relevant ministries, Dr Shi Zhengrong, chairman of Suntech, announced plans for the phased installation of plants with a generating capacity of 20MW each.
CNPV supplied its PV modules for the project, which has 33MW of geothermal capacity and 26MW of solar capacity.
Overall, the country’s reliance on foreign oil has fallen since 2005, with net imports of total consumption declining from 57% in 2008 to 45% in 2011 – claimed by the administration to be the lowest level since 1995. The solar farm, located 12km from the city of Diriamba, will be partly funded by the Japanese, with an investment of US$12 million. It can also charge to set levels in a shorter period of time if a full charge is not necessary. Due to an aggressive FiT cut of between 20% for residential and 30% for large-scale PV installations, the German government will introduce the FiT cuts from March 9, 2012 to eliminate a rush of installations to beat the tariff change. The companies’ engineers have worked together on developing New Energy’s SolarWindow technology that allows the generation of electricity on see-through glass windows. 21, 2012 – As part of the Obama Administration's "We Can't Wait" efforts to strengthen the economy, create jobs and support business growth, Administration officials announced three significant actions to expand the government's purchase of biobased products, promote regional rural job creation efforts, and develop a rural healthcare workforce, all of which build on the historic investments the Administration has made in rural America over the past three years. In doing so, it also unveiled a plan that could have big implications for renewable energy across the continent.
The system provides accurate camera locations for mapping from UAVs, which reduces the need for surveyed ground control to produce accurate DTMs and orthophotos from photogrammetry.
Using our unmanned drones, you can collect data and view composite photos showing the progression of your job site.
Those include services on its 401(k) platform and additional features for use by financial advisors. Now, recent data suggests the use of such portable devices has exploded, which underscores the need for advisors to ensure that their websites are well equipped to handle smartphone and tablet traffic. Instead, it is making it easier to obtain the credentials, writes Rick Kahler, who is president of financial planning firm Kahler Financial Group. During that period, furthermore, women are expected to control two-thirds of private wealth. La Placa and a handful of other team members that collectively manage $3 billion in assets have left the San Francisco office of Deutsche Bank to start their own firm.
Much of this increase can be attributed to a higher birth rate, but Texas also leads the way when it comes to new arrivals. Texas is famous for its low consumer prices, which include housing, transportation, utilities, and food costs. It is also much cheaper and easier to obtain building permits there than in most other states. Home to an enormous cattle industry, steaks and other assorted cuts of meat are not only less expensive, they’re also a lot fresher than those outsiders enjoy.
Many of them buy and become homeowners much earlier than Americans in other regions, which give them the option of starting a family a bit earlier as well. This is a refreshing change for most newcomers, who often grow tired of people who put on airs, especially as they age.
They can negotiate favorable deals without having to submit to oppressive rules and regulations. As a result, it is relatively easy for a law-abiding citizen to get a license or permit to own a gun in Texas. According to the 2011 Wind Technologies Market Report, the United States remained one of the world’s largest and fastest growing wind markets in 2011.
To help ensure reliable energy supplies for the nation’s military bases, while protecting the environment and saving taxpayer money. But as demand increases in the world's warmer regions, global energy consumption for air conditioning is expected to continue to rise dramatically and could have a major impact on climate change. Each round included an investment of US$100 million from Credit Suisse, for a total of US$200 million. The plant was connected to the grid in March 2012 and had been funded by an IFC €155 million debt financing agreement. The SEIA predicts solar installations could increase by 75%, exceeding the 3,200MW goal for 2012. With this new finance scheme, Waaree can provide financial support for companies investing in PV in India and for the Jawaharlal Nehru National Solar Mission (JNNSM). The CSI program has received a budget of US$2.4 billion and is aiming to reach 1,940MW of solar capacity by the end of 2016.
The strategy is to ensure growth and encourage multi-faceted international trade by taking into account the social cost and price differences between nuclear, thermal and renewable energy generation. Among the first countries in which Scatec and IFC are planning to develop solar power plants are Benin, Cameroon, Togo, Niger and Burkina Faso.
Initiated and owned by Enel Green Power, the project is said to be the world’s first and only geothermal hybrid project. Enfinity owns the solar plant and under a 20-year PPA, will sell the electricity produced to Macy’s at a fixed rate.
According to Nicaraguan newspaper El Nuavo Diario, the PV installation will become the largest in Central America. Today's announcements are the latest in a series of executive actions the Obama Administration is taking to strengthen the economy and move the country forward because we can't wait for Congress to act. If you throw into the mix the occasional premature death of a spouse, then it becomes clear that a substantial portion of advisors’ married clients are likely to become single. Department of Labor, four of the top 10 metropolitan areas for job growth are located in the Lone Star State.
The mortgage costs are low, the schools are mostly good, and the crime rate is below the national average.
Just try to get a parking space in New York City…you need a law degree from Harvard to figure it out! The pay is great and there are lots of young people like you looking for action and experience in the Lone Star State.
A grid failure of this magnitude has thrown light on the massive demand for power in a country and its struggle to generate much-needed power supply.
In a few states, such as South Dakota, Minnesota and Iowa, wind provides more than 10 percent of all electricity. ACWA subsidiary NOMAC and SunEdison will operate and maintain the plant under a joint vernture agreement.
The only negative could be that developers may have to offer higher interest rates than more established asset-backed bonds in order to attract investors.
Kornilakis MEPE, a Greek logistics company, had the system installed on its 68,000mA? warehouse roof. Co-developed by SunConnect, the project received longer-term financing through PSE&G’s SREC-based solar loan program. Germany is pretty much singlehandedly proving that solar can be a major, reliable source of power - even in countries that aren't all that sunny. The Terra SC uses the widely available 3-phase 32A input, eliminating the need for a costly grid connection upgrade.
In addition to oil and other kinds of energy, Texas is also home to a large and growing tech industry.
A middle class family, whether blue or white-collar, can lead a fairly comfortable life in the Lone Star State.



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