Building off nearly 10 months of extensive public and private sector consultation, Indian Prime Minister Narendra Modi began in April to green-light initial projects under the country’s Smart Cities Initiative (SCI). The SCI benchmarks, formulated in response to rapid urban population growth, aim to modernize environmentally sustainable transport, housing, utility, and connectivity services for 100 new or refurbished cities across the subcontinent.
After decades of research, Linde AG says the elements needed to make hydrogen-fuelled cars a viable challenger to Tesla Inc’s battery-driven vehicles are finally falling into place.
Blue Sphere (BLSP: OTC) is continuing to make progress in its strategic plans to build and operate biogas power plants. The company is initially targeting the largely untapped supply of organic wastes from food processing and table to meet growing demand for renewable, no– or low-carbon emission energy sources. A year ago, the company’s portfolio consisted of a string of projects all in the planning stage. Management has pushed two food waste-to-energy projects in the U.S.to the construction stage and closed on the first four acquisitions of fully operational agriculture-waste biogas power plants in Italy. This progress has brought Blue Sphere to the cusp of revenue generation. [Read more...]
In California, Ceres (CERE) announced the a realignment of its business to focus on food and forage opportunities and biotechnology traits for sugarcane and other crops. As part of the realignment, the company will restructure its Brazilian seed operations and is exploring discussions with additional local partners and collaborators to support the continued development and commercialization of its technology in Brazil. [Read more...]
German Economy Minister Sigmar Gabriel said 13 percent of power stations burning lignite, a cheap form of coal, would be phased out by 2021 under a program to cut power industry pollution. The government abandoned talks on proposals to impose a climate-change fee that the industry said would have forced mines and plants to close, threatening jobs.
Tom Konrad CFA