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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?


To: Allen Bucholski who wrote (7978)5/30/2005 5:38:20 PM
From: Allen Bucholski  Respond to of 8393
 
Postive post on solar from yahoo board thanks for finding this nutechirvestor Msg. 137405 .

Mich Projects included in Defense Bill
by: nutechinvestor 05/27/05 05:08 pm
Msg: 137405 of 137530

Carl Levin Press Release announcing Michigan Projects included in Defense Authorization Bill of May 13, 2005:

Under Advanced Technology Initiatives-Note the projects for both hybrid vehicles and fuel cell technologies-no companies specifically mentioned.

Under Research and Development Projects:

$10.0 million for continued development of solar cells on flexible substrates for space applications. New technology based on amorphous silicon materials has the potential to produce solar arrays that are ten times cheaper and three to lfive times lighter than current solar arrays. Enbergy Conversion Devices of Troy has been working with the Air Force on this project.

$2.5 million for research and development of lightweight portable solar panels for the Special Forces Command. This funding will support efforts to develop a durable, lightweight, triple junction solar power panels in a wearaable or portable mission electronics. Energy Conversion Devices of Troy has extensive experience in this field.

levin.senate.gov




To: Allen Bucholski who wrote (7978)5/30/2005 6:42:05 PM
From: Krowbar  Read Replies (1) | Respond to of 8393
 
Strip out the handouts, and investing in wind and solar energy would be nonstarters, the manager of Exxon's energy demand and supply forecasting division told Reuters last week.

"It's an uneconomic niche and our business is not built around the expectation of a bunch of subsidies to make a profit," said Scott Nauman, manager of the economics and energy division at Exxon. "We want a business that is robust on its own merits."

Oh, really? Has he computed the costs of our military to protect their overseas supplies and keep them flowing, the damage to the environment and our health? Hasn't the oil industry always enjoyed tax breaks and other subsidies? OK, let's have a level playing field and charge those costs in each gallon of gasoline.

Del