Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Tuesday, April 01, 2008

Covanta Energy names new President of Covanta Asia Pacific

Covanta Energy names Allard M. Nooy President Covanta Asia Pacific


Shanghai (ANTARA News/PRNewswire-AsiaNet) - Covanta Holding Corporation (NYSE: CVA), a world leader in the development and operation of large scale Energy-from-Waste and renewable energy projects, today announced the appointment of Allard M. Nooy to the position of President Covanta Asia Pacific for its principal subsidiary, Covanta Energy Corporation. Mr. Nooy's appointment is effective immediately.

Mr. Nooy has extensive experience working with municipal governments to develop infrastructure projects throughout Asia.
He was previously Regional Director of Infrastructure Development for Leighton Asia Limited, where he has managed Leighton's business in the People's Republic of China as well as infrastructure development and investment activities throughout Asia since 2004. Prior to his appointment with Leighton, Mr. Nooy was Thames Water International's Regional Director of Greater China where he initiated and led numerous transactions in China and Hong Kong. Before joining Thames Water, Mr. Nooy was the General Manager of the international EPC group Vermeer - Ballast Nedam's Southeast Asian operations, based in Vietnam. Mr. Nooy will be based in Shanghai.

"We are very pleased to welcome Allard to the Covanta team. His experience and successful track record of developing, acquiring and managing infrastructure projects in China and throughout Asia make him uniquely qualified to lead the implementation of our Asian growth strategy," said Anthony Orlando, Covanta's Chief Executive Officer. "We have a strong team in Asia and under Allard's leadership I am confident we'll continue our successful operation and capitalize on the many opportunities to expand our Energy-from-Waste business in China and elsewhere in the region."

About Covanta

Covanta is an internationally recognized owner and operator of Energy-from-Waste and renewable energy projects. Covanta's Energy-from-Waste facilities convert municipal solid waste into renewable energy for numerous communities, in the United States, Europe, and Asia. As a premier operator of large-scale Energy-from-Waste facilities, Covanta is proud to offer an environmentally sound solution to communities' solid waste disposal needs. With close to 40 facilities worldwide, Covanta uses municipal solid waste as a fuel to generate clean, renewable energy. Covanta's modern Energy-from-Waste facilities safely and securely turn 15 million tons of waste into over 8 million megawatt hours of clean renewable electricity each year and create 10 billion pounds of steam that are sold to a variety of industries. For more information, visit www.covantaholding.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this press release may constitute "forward-looking" statements as defined in Section 27A of the Securities Act of 1933 (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), the Private Securities Litigation Reform Act of 1995 (the "PSLRA") or in releases made by the Securities and Exchange Commission, all as may be amended from time to time. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Covanta and its subsidiaries, or industry results, to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements that are not historical fact are orward-looking statements. Forward-looking statements can be identified by, among other things, the use of forward-looking language, such as the words "plan," "believe," "expect," "anticipate," "intend," "estimate," "project," "may," "will," "would," "could," "should," "seeks," or "scheduled to," "proposed," or other similar words, or the negative of these terms or other variations of these terms or comparable language, or by discussion of strategy or intentions. These cautionary statements are being made pursuant to the Securities Act, the Exchange Act and the PSLRA with the intention of obtaining the benefits of the "safe harbor" provisions of such laws. Covanta cautions investors that any forward-looking statements made by Covanta are not guarantees or indicative of future performance. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements with respect to Covanta, include, but are not limited to, those factors, risks and uncertainties that are described in Item 1A of its Annual Report on Form 10-K for the year ended December 31, 2007, and in subsequent securities filings by Covanta.

Although Covanta believes that its plans, intentions and expectations reflected in or suggested by such forward-looking statements are reasonable, actual results could differ materially from a projection or assumption in any forward-looking statements. Covanta's future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The forward-looking statements contained in this press release are made only as of the date hereof and Covanta does not have or undertake any obligation to update or revise any forward-looking statements whether as a result of new information, subsequent events or otherwise, unless otherwise required by law.

SOURCE: Covanta Holding Corporation
CONTACT: Bradford Helgeson,
Vice President & Treasurer,
+1-973-882-4193, or
Vera Carley,
Media Relations Manager,
+1-973-882-2439,
both of Covanta Holding Corporation
Web site: http://www.covantaholding.com

COPYRIGHT © 2008 - ANTARANEWS

Friday, March 28, 2008

Infor helps organizations reduce energy costs

Infor Helps Organizations Reduce Energy Costs and Achieve Sustainability Goals Infor EAM Asset Sustainability Edition Brings Energy Efficiency Capabilities to Enterprise Asset Management


Singapore (BUSINESS WIRE) - Infor today announced Infor EAM Asset Sustainability Edition, an enterprise software solution that allows organizations to integrate energy consumption and emissions management into their asset management practices. Infor EAM Asset Sustainability Edition enables organizations to substantially reduce energy costs, while minimizing carbon emissions and the impact of their operations on the environment.

Established benchmarks from the U.S. Department of Energy and industry sources demonstrate that facilities and manufacturers can reduce energy consumption up to 20 percent through maintenance programs that focus on energy consumption and efficiency. Infor EAM Asset Sustainability Edition factors energy consumption into total asset performance, providing a more complete understanding of the true costs to operate and maintain an asset. The software goes beyond just energy management, factoring in an asset's consumption of any of the WAGES commodities (water, air, gas, electricity, and steam), as well as monitoring of fugitive emissions, like ozone-depleting refrigerant gases.

"There is no question that high energy costs are a drag on organizational budgets and that inefficient energy practices have a negative impact on our environment," said John Murphy, director of Industry & Product Marketing for Infor EAM solutions. "Infor EAM Asset Sustainability Edition is a groundbreaking solution that helps address these issues. With this solution, organizations can take a strategic approach to energy efficiency, using software automation to implement practices that promote sustainability and profitability."

Organizations across all sectors face soaring energy costs from basic utilities, such as lighting and HVAC, to the assets that enable their critical business operations, like manufacturing equipment and refrigeration coolers. In addition to reining in high energy costs, organizations are seeking to reduce their energy consumption as part of sustainability initiatives to minimize carbon emissions and offset the impact of their operations on the environment.

Infor EAM Asset Sustainability Edition automates the processes associated with managing assets and their related resource consumption.

It tracks the consumption of individual assets in real-time, evaluates the data against user-defined conditions, and alerts users to anomalies when assets exceed acceptable performance thresholds. The solution also elevates decision-making by incorporating consumption and emission data into key performance indicators and reports. Program managers, for example, can generate reports that provide macro-level analysis of CO2 emissions and drill down into the performance of each asset through easy-to-use graphical dashboards.

The software also enables companies to benchmark the performance of a specific asset to determine the cost of maintaining it at current energy consumption levels versus replacing it with a newer, more energy efficient asset. This functionality enables organizations to make strategic decisions, factoring in energy consumption costs, the price and energy specifications of a replacement, and the projected return-on-investment date.

Infor EAM Asset Sustainability Edition is a web-architected application that can be deployed on-premises at the customer site or hosted by Infor. The software receives energy consumption data through asset sub-metering, either through existing sub-metering electronics systems or other third-party sensors, and can use wireless mesh networks for communications.
For more information on Infor EAM Asset Sustainability Edition, visit http://www.infor.com/goinggreen/solutions/greeneam/as/.

Infor EAM Asset Sustainability Edition demonstrates Infor's commitment to deliver solutions that help customers implement the business processes essential to driving their green and sustainability programs (see Dec. 12, 2007 press release titled, "Infor Helps Organizations Implement Green and Sustainability Programs").

In addition to EAM, these solutions include other key areas such as Supply Chain Management (SCM), Product Lifecycle Management (PLM), Performance Management (PM) and ERP. For more information on Going Green, visit www.infor.com/goinggreen.

About Infor Infor delivers business-specific software to enterprising organizations.

With experience built in, Infor's solutions enable businesses of all sizes to be more enterprising and adapt to the rapid changes of a global marketplace. With more than 70,000 customers, Infor is changing what businesses expect from an enterprise software provider. For additional information, visit www.infor.com.

This announcement reflects the direction Infor may take with regard to the specific product(s) described herein, all of which is subject to change by Infor in its sole discretion, with or without notice to you.

This announcement is not a commitment to you in any way and you should not rely on this document or any of its content in making any decision.

Infor is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this announcement and even if such description is accompanied by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "predict," "should," "will," and/or similar expressions. Many factors can affect Infor's product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of Infor.

This announcement, in whole or in part, may not be incorporated into any contractual agreement with Infor or its subsidiaries or affiliates.

Infor expressly disclaims any liability with respect to this announcement.
InforWade Coleman, 678-591-4706 wade.coleman@infor.com or Dominique Ng, (65) 968-56875 dominique.ng@infor.com

Wednesday, March 12, 2008

IAS Energy exercises additional 20% interest in www.video1314.com

IAS Energy, Inc. Exercises Additional 20 per cent Interest in www.video1314.com by Paying US$100,000 Cash and Issuing 10 Million Shares

Vancouver, British Columbia (BUSINESS WIRE) - IAS Energy, Inc.(IASCA - OTCBB) is pleased to announce that the Company has exercised its second option and now owns a 40 per cent interest in Power Telecom Limited.

IAS Energy, Inc. has an option to purchase up to a 100 per cent interest in the private Hong Kong company, which owns www.video1314.com.

Video1314.com is a Hong Kong based company that is a Chinese Web 2.0 platform similar to YouTube (www.youtube.com).

Video1314's Chinese platform will be expanded and has plans to launch across Asia in Japanese, Korean and English.

Video1314 will grow its business to offer photo, audio sharing and a C2C, B2C and B2B marketplace to buy and sell goods for its members.

Video1314 focuses on three main areas: Free online photo, video and audio sharing, A marketplace (similar to Alibaba.com) to buy and sell goods using video, photo and audio technologies High resolution TV programs that can be watched over the Internet ABOUT IAS ENERGY, INC.

IAS Energy, Inc. has an option to earn up to a 100 per cent interest in Video1314.com, through Power Telecom Limited, by issuing a total of 50 million shares of IAS and paying US$650,000 in five equal payments over a one year period. IAS has made the first two payments totaling US$200,000, and issued 20 million shares of IAS Energy, Inc. to earn a 40 per cent interest in www.Video1314.com.

Video1314.com is a Chinese Web 2.0 platform similar to YouTube.

Video1314 has plans to expand its Chinese platform and launch across Asia in Japanese, Korean and English. Besides Video, photo and audio sharing capabilities, Video1314 plans to grow its business to offer a C2C, B2C and B2B marketplace to buy and sell goods for its members.

Additionally, IAS Energy, Inc. has an interest in three producing oil and gas wells in Texas with Anadarko Petroleum Corporation as the operator, and three producing gas wells in Kentucky with Young Operating Co., of Kentucky, as operator.
For further information please visit www.iasenergy.com.

ON BEHALF OF THE BOARD OF DIRECTORS John Robertson President Forward-Looking Statements

Statements in this press release regarding IAS Energy, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, and capital expenditures and the timing thereof certain of which are beyond the Company's control, including words to the effect that the Company or management expects a stated condition or result to occur.

Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.

The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in the Company's financial statements on forms 10-KSB and 10-QSB, and Form 8-K filed with the United States Securities and Exchange Commission at www.sec.gov.

Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements.

Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

IAS Energy, Inc. John Robertson,800-665-4616

Friday, March 07, 2008

Platts Survey: US reactors produce record power generation in 2007

Washington (ANTARA News/PRNewswire-AsiaNet) - Global power generated by nuclear reactors fell about 3.6% in calendar 2007 from the 2.8 billion megawatt-hours (MWh) recorded in 2006, according to data released by Nucleonics Week, a publication of Platts, a leading global provider of energy and commodities information.

In the otherwise lackluster 2007, US reactors set a record for nuclear power generation, with output surging to 843 million gross MWh and utilizing an average 91% of reactor capacity.

"The 2007 nuclear plant performance means about 20% of US electricity was once again generated without the carbon emissions that would otherwise contribute to global warming," said Margaret Ryan, Platts global nuclear editorial director.

World performance was led by two US reactors. In terms of output, South Texas Project's South Texas-1 in Bay City, Texas, generated 12.36 million MWh, the largest output of any reactor in the world. Of the 15 reactors generating the most in 2007, three were from the US, eight from Germany and four from France. In terms of capacity factor, which measures how well a plant performed against the output level its manufacturer promised, the best worldwide was Constellation Energy's Calvert Cliffs-1, south of Annapolis, Maryland, which actually exceeded its rated capacity level all year. Of the top 15 best performing reactors in 2007 measured by capacity, 11 were from the US and four were from Japan.

The slowdown in world nuclear power generation was in large part attributable to developments ranging from an earthquake in Japan to persistent aging of facilities in the UK to unplanned outages in Germany. Elsewhere, nuclear generation sustained good performance or went up or down by smaller amounts.

In terms of world nuclear power plant generating capacity, the median utilization rate was 84.2% with the top quarter of units all performing above 91.5%. This suggests many reactors performed very well during 2007. But with a total nominal operating capacity of 395 gross gigawatts, the 439 nuclear units worldwide could, if they had operated at an average 85% capacity factor, have generated some 400 million more MWh to meet growing world electricity demand than they did in 2007.
That amount would supply the entire United States, which uses more electricity than any other country in the world, for 40 average days.

Outlook
The year 2007 began inauspiciously for nuclear power, with the closure of seven units on the last day of 2006. The shutdowns of Bulgaria's Kozloduy-3 and -4, Slovakia's Bohunice-1, and the UK's Dungeness A-1 and -2 and Sizewell A-1 and -2 removed 2,540 gross MW from the electricity grid.

Only four reactor units were added to world's operating nuclear fleets in 2007: India's Nuclear Power Corporation brought the 220-MW Kaiga-3 into service, the 1,000-MW Tianwan-2 VVER was started up in China, and Romania commissioned the 706-MW Cernavoda-2 Candu unit. In the US, the Tennessee Valley Authority brought the 1,155-MW Browns Ferry-1 back into service after 22 years of shutdown. That brought the total MW added to just less than 3,100 MW.

But 2007 brought the most construction starts of nuclear power reactors in recent years, with work on five units officially launched. Construction of the 650-MW Qinshan II-4 and the 1,000-MW Hongyanhe-1 in China, the 1,000-MW Shin Kori-2 and Shin Wolsong-1 in South Korea, and the 1,650-MW Flamanville-3 in France all got under way. In 2006 there were construction starts on four units, three in 2005 and just two in 2004, according to International Atomic Energy Agency records.

About Platts:

Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of energy and commodities information. With nearly a century of business experience, Platts serves customers across more than 150 countries. An independent provider, Platts serves the oil, natural gas, electricity, emissions, nuclear power, coal, petrochemical, shipping, and metals markets from 14 offices worldwide. Platts' real-time news, pricing, analytical services and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at http://www.platts.com.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard &
Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2007 were $6.8 billion. Additional information is available at http://www.mcgraw-hill.com.

SOURCE Platts

CONTACT: Kathleen Tanzy,
+1-212-904-2860, or
Europe: Shiona Ramage,
+44-207-1766153, or
Asia: Casey Yew,
+65-653-06552, all for Platts
Web site: http://www.platts.com
http://www.mcgraw-hill.com

COPYRIGHT © 2008 - ANTARANEWS

Monday, March 03, 2008

Germany`s renewable energies industry provides advantages

Washington (ANTARA News/PRNewswire-AsiaNet) - With oil prices exceeding US$100 a barrel, the United States, and the world, is being forced to recognize that fossil fuels may not only be damaging the environment, but also losing their competitive edge regarding price.

Germany is pioneering solutions to this problem. It has demonstrated that renewable energies can play an important role in a sustainable industrial policy -- providing jobs, returns to investors, and carbon emission reductions.

Results from Germany and how to benefit from them will be presented to investors at WIREC 2008, the Washington International Renewable Energy Congress from March 4-6.

Smart legislation has helped make Germany a renewable energies leader. Its Renewable Energy Sources Act (EEG in German) states that owners of renewable energies systems, such as solar panels, receive a "feed-in tariff" when energy from their systems is sold back to the local utility.

This price is guaranteed for twenty years and, depending on the type of energy and system, can be twice the price paid for energy by private households, making it profitable to produce renewable energy.

Germany wants to be the world leader in all renewable energies by 2020.
This will mean a worldwide market share of over 20 per cent, EUR20 billion in domestic investments, and over EUR80 billion in exports.

Furthermore, networks of research institutes and universities work with industry to develop new technologies.
For example, the Fraunhofer Institute in Freiburg, Germany is a leading location for the study of photovoltaic technologies.
The German government has pledged EUR15 billion through 2009 to aid advanced R&D projects.

Germany's favorable legal regime, strong workforce, and network of scientific experts all contribute to the renewable energy industry's impressive statistics: EUR23 billion in revenue in 2006 plus EUR6 billion in exports and EUR9 billion in domestic investments.

Many American firms are taking advantage of Germany's leading position.
General Electric, First Solar, and Nanosolar have all made major new investments in Germany within the past two years.

Invest in Germany is the inward investment promotion agency of the Federal Republic of Germany. It provides investors with comprehensive support from site selection to the implementation of investment decisions. Its booth can be found in the German
Pavilion at WIREC 2008 at the Washington Convention Center.

Media Contact:
Eva Henkel, Invest in Germany,
Phone: +49-30-200099-173,
Fax: +49-30-200099-111,
Email: henkel@invest-in-germany.com
http://www.invest-in-germany.com
SOURCE: Invest in Germany
CONTACT: Eva Henkel of Invest in Germany, +49-30-200099-173,
+49-30-200099-111 Fax, henkel@invest-in-germany.com
Web site: http://www.invest-in-germany.com

COPYRIGHT © 2008 - ANTARANEWS

Tuesday, February 12, 2008

Solland Solar: natural gas revenues for clean energy

Heerlen, (ANTARA News/PRNewswire-AsiaNet) - The government should use the revenues from the sale of natural gas to speed up the changeover to clean, renewable forms of energy. In doing so it will choose even more explicitly in favour of reducing CO2 emissions.


The transition to sustainable energy will also make the Netherlands less dependent on politically unstable regions such as Russia and the Middle East, which are currently the key suppliers of oil and gas.

This was the assertion of Gosse Boxhoorn, CEO of Solland Solar, the Netherlands' largest producer of solar cells. Boxhoorn made this plea on Thursday during the opening of Solland Solar's new production hall in Heerlen. The new hall will enable Solland Solar to treble production, from 60 MWp/a to 170 MWp/a.

"By focusing more on clean forms of energy (solar, wind, water), the government is realising a more balanced energy policy," argued Gosse Boxhoorn. "The Netherlands currently has some EUR 170 billion worth of natural gas still untapped. That money should not be allowed to 'disappear' into general resources, but rather be used to intensify the efforts towards renewable energy. The government realises that an alternative is needed for oil and gas, but then concludes that coal is the answer. And we are not talking about one, but five coal-fired power stations at once. Given the CO2 emissions, this is not where we want to be heading."

High-performance solar cell

The high oil price, peaking at more than USD 100 a barrel at times, undoubtedly serves to promote solar energy as an increasingly plausible alternative. Moreover, Solland Solar manages to extract more and more energy from its cells and will start production of a high-performance cell, with an efficiency of some 16 percent, before the end of the year. This is an increase of one percent compared to existing cells; a significant improvement for this sector. The new cell will also help reduce the costs of producing solar panels.

Production expansion

The new production hall is a mere pit stop along the route for Solland Solar, which has seen dramatic growth since its establishment at the end of 2005. The solar cell manufacturer intends to increase production to 500 MWp/a in 2010. Another two production halls will be built to that end; the relevant subsidy has already been approved by the Ministry of Economic Affairs. Solland Solar had applied for a subsidy of EUR 125 million.

About Solland Solar

Solland Solar (www.sollandsolar.com), winner of the FD Gazellen Award 2007 and FEM Business Rising Star Award 2007, is a Dutch-German manufacturer of solar cells (photovoltaic cells). When production started at the end of 2005, Solland Solar had a capacity of 20 MWp/a. After the new production hall came into operation, the capacity was increased to 60 MWp/a, with a view to reaching 500 MWp/a in 2010. By then the number of employees will also have increased to some 1,000 (2008: 400). Since February 2007, Delta NV and subsidiary Sunergy BV of Middelburg have been majority shareholders in Solland Solar.

Note to the editors:

Gosse Boxhoorn will be available on location for interviews on Thursday, 24 January. For more information by phone, please contact Wendy Kleijnen (+31-06-46324304), who can also assist in arranging telephone interviews.

Members of the media are cordially invited to attend the opening of the new production hall on Thursday 24 January. The press conference will start at 10:00 a.m. CET to be followed by a guided tour at 11:00 a.m. CET

Venue: Solland Solar - Avantis Business and Science Park Bohr 10, 6422RL Heerlen

SOURCE: Solland Solar
CONTACT: Wendy Kleijnen of Solland Solar,
+31-06-46324304
Web site: http://www.sollandsolar.com

COPYRIGHT © 2008 - ANTARANEWS

Sunday, February 10, 2008

The Masdar World Future Energy Summit (WFES) from January 21-23, 2008

The Masdar World Future Energy Summit (WFES) from January 21-23, 2008 in Abu Dhabi is Set to Bring Together Global Leaders and Experts to Address the World's "Future Energy" Challenge

Hong Kong (ANTARA News/PRNewswire-AsiaNet) - The inaugural World Future Energy Summit ( http:// www.wfes08.com ) will be attended by leaders and experts from Asia and around the world and will convene to stimulate innovative solutions for some of the most pressing challenges of our times: energy conservation, energy security, the environment and truly sustainable human development.

WFES will be the largest meeting of the "future energy" movement and promises to be the premier event for world leaders to find solutions for the global energy problems. Among the 1,500 WFES delegates will be: three Presidents, 13 Ministers ofEnergy and/or Environment (including the US Secretary of Energy and the EU Commissioner for Energy), NGOs (including the head of Greenpeace International), investors and scores of chief executives from energy, technology, infrastructure and heavy industry companies. Delegates from Asian nations, such as Japan and China will also be in attendance.

These delegates aren't coming to Abu Dhabi to "talk shop" -- they will preview new solutions and technologies, seek partners and generate deals, making it the place to be for anyone who covers every aspect of energy and the environment.

WFES is hosted by Masdar, which means "the source" in Arabic (http://www.masdaruae.com ). Masdar is a multi-billion initiative to establish the single largest global center and network, based in Abu Dhabi, for the development AND commercialization of alternative energy sources and clean technology solutions. Masdar is opening an academic institution in collaboration with MIT; they have already launched a clean-technology investment fund; and they have multiple commercial joint-ventures already announced or in the works with leading multi-national companies in the energy, technology and heavy industry sectors.

All of this activity will be housed in the Masdar Zone, an entirely new six square kilometer city, which was designed by Foster + Partners. It will be the world-first entirely carbon-neutral city, relying on a host of clean technologies and solutions, including the world largest photo-voltaic power source. The first occupants will take up residency in 2009. I've attached a brochure on the city, and you can view a five minute film about the City at http://www.masdaruae.com/textv-files.aspx .

WFES occurs under the patronage of H.H. General Sheikh Mohammad bin Zayed Al Nahyan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, who will preside over the Welcoming Ceremonies. WFES Conference Co-Sponsors include Credit Suisse, Shell, Total and BP.

For information:
Ashley Hegland
Edelman
Tel:
+852-2837-4714
Fax:
+852-2804-1303
Email: ashley.hegland@edelman.com
SOURCE: Masdar

COPYRIGHT © 2008 - ANTARANEWS

The Masdar World Future Energy Summit (WFES) from January 21-23, 2008 in Abu Dhabi

HONG KONG, Jan. 11 (ANTARA/Xinhua-PRNewswire-AsiaNet) - The inaugural World Future Energy Summit ( http:// www.wfes08.com ) will be attended by leaders and experts from Asia and around the world and will convene to stimulate innovative solutions for some of the most pressing challenges of our times: energy conservation, energy security, the environment and truly sustainable human development.

WFES will be the largest meeting of the "future energy" movement and promises to be the premier event for world leaders to find solutions for the global energy problems. Among the 1,500 WFES delegates will be: three Presidents, 13 Ministers of Energy and/or Environment (including the US Secretary of Energy and the EU Commissioner for Energy), NGOs (including the head of Greenpeace International), investors and scores of chief executives from energy, technology, infrastructure and heavy industry companies. Delegates from Asian nations, such as Japan and China will also be in attendance.

These delegates aren't coming to Abu Dhabi to "talk shop" -- they will preview new solutions and technologies, seek partners and generate deals, making it the place to be for anyone who covers every aspect of energy and the environment.

WFES is hosted by Masdar, which means "the source" in Arabic ( http://www.masdaruae.com ). Masdar is a multi-billion initiative to establish the single largest global center and network, based in Abu Dhabi, for the development AND commercialization of alternative energy sources and clean technology solutions. Masdar is opening an academic institution in collaboration with MIT; they have already launched a clean-technology investment fund; and they have multiple commercial joint-ventures already announced or in the works with leading multi-national companies in the energy, technology and heavy industry sectors.

All of this activity will be housed in the Masdar Zone, an entirely new six square kilometer city, which was designed by Foster + Partners. It will be the world-first entirely carbon-neutral city, relying on a host of clean technologies and solutions, including the world÷Õ largest photo-voltaic power source. The first occupants will take up residency in 2009. I've attached a brochure on the city, and you can view a five minute film about the City at http://www.masdaruae.com/text/v-files.aspx .

WFES occurs under the patronage of H.H. General Sheikh Mohammad bin Zayed Al Nahyan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, who will preside over the Welcoming Ceremonies. WFES Conference Co-Sponsorsinclude Credit Suisse, Shell, Total and BP.

For information:

Ashley Hegland
Edelman
Tel: +852-2837-4714
Fax: +852-2804-1303
Email: ashley.hegland@edelman.com

SOURCE Masdar

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