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To: hotelonthemoon who wrote (77)7/26/2006 11:51:36 AM
From: Skywatcher  Respond to of 203
 
Let's hope so...something better happen



To: hotelonthemoon who wrote (77)7/31/2006 12:16:39 PM
From: Skywatcher  Respond to of 203
 
Composite Technology's EU Energy Signs Turbine Reservation Agreement
Monday July 31, 10:39 am ET

IRVINE, Calif., July 31 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC - News) is pleased to announce that its EU Energy subsidiary signed a Turbine Reservation Agreement ("Reservation Agreement") with Energy Logics, Inc. ("ELI") for 50 DeWind D8.2 wind turbine generators for delivery in 2008.

In accordance with the terms of the Reservation Agreement, EU Energy agrees to reserve production of its DeWind D8.2 turbines for the above deliveries provided that ELI shall pay down payments in October 2006, April 2007 and July 2007 totaling in aggregate 15% of the purchase price.

The DeWind D8.2 wind turbine generator is rated to produce two megawatts of electricity using a power industry standard 4 pole brushless synchronous generator running at a constant 1800 rpm with a direct output of 13.8 kilovolts. The generator is rated 2.2 megawatts at 0.9pf to allow for excellent transient behavior during grid disturbances and meets the latest grid standards. A Voith WinDrive® hydrodynamic torque converter is used to supply a constant speed to the generator enabling direct connection to the grid without the need for power electronics conversion.



To: hotelonthemoon who wrote (77)8/17/2006 12:49:54 PM
From: Skywatcher  Respond to of 203
 
Composite Technology Agrees to a Strategic Relationship to Expand Its Wind Turbine Service Business
Thursday August 17, 8:05 am ET

IRVINE, Calif., Aug. 17 /PRNewswire-FirstCall/ -- Composite Technology Corporation ("CTC") (OTC Bulletin Board: CPTC - News) is pleased to announce the signature of a Term Sheet Agreement ("TSA") to increase the share capital of its German based wind turbine service subsidiary, EU Energy Service and Maintenance GmbH ("EU Energy Service") by introducing ENERTRAG AG, an independent German alternative energy company ("ENERTRAG") into EU Energy Service as a new shareholder and partner in the service operations. EU Energy Service would then include the existing service business of ENERTRAG Energiedienst GmbH and the name of EU Energy Service will be changed to E Energy Service GmbH ("E Energy").
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In accordance with the terms of the TSA, a final agreement should be completed such that joint operations may begin on October 1, 2006. E Energy will have approximately 850 wind turbines under service contracts and about 126 employees. E Energy will become one of the largest independent wind turbine service companies in the world, with experienced teams for new installations, service and maintenance of several well known models of multi-megawatt class turbines such as GE, Vestas, Nordex, REpower, including EU Energy's DeWind D6 and D8 models. ENERTRAG also brings experienced operating teams that have operated some of the most successful wind farms in Germany and France.

Jorg Moller, CEO and the main shareholder of ENERTRAG, commented, "We are sure that the development and service know-how of EU Energy Service together with ENERTRAG's experience in windfarm operation will benefit E Energy's service objectives. We have been very satisfied with the 51 DeWind turbines that we have installed and operated over 5 years and we intend to include the DeWind D8 turbine in ENERTRAG's continuing expansion plans."

Michael Porter, President of CTC and head of the EU Energy Group stated: "We are extremely pleased with this development. This combination of two excellent service and maintenance groups will in our view create the best as well as one of the largest independent service companies in the world. The service level agreement that EU Energy will be able to offer through E Energy will provide a robust platform for the introduction of our turbines to North America and in other parts of the world where our DeWind turbines are installed."

About ENERTRAG AG:

ENERTRAG AG, an independent energy company based in Dauerthal, Germany, generates electricity only from renewable sources and is today one of the world's largest wind power producers operating over 300 wind turbines with a nominal load of 550 megawatts and an annual yield of more than 1 billion kWh of electricity -- this is sufficient supply for the household needs of 1 million people. ENERTRAG has operations in Germany, France and the United Kingdom and has an annual growth of approximately 25%. For further information visit our website: www.enertrag.com



To: hotelonthemoon who wrote (77)8/17/2006 3:57:30 PM
From: Skywatcher  Respond to of 203
 
Three Years After Blackout, Power Problems Persist
By Jason Leopold
t r u t h o u t | Perspective

Thursday 17 August 2006

Three years ago this week, a devastating blackout left 50 million people in the dark in the Northeastern United States and parts of Canada for nearly three days, forced the closure of the New York Stock Exchange, resulting in a $10 billion economic loss, and proved that our domestic infrastructure is vulnerable to even minor accidents and human error.

Today, the US power grid - three interconnected grids made up of 3,500 utilities serving 283 million people - still hangs together by a thread, and its dilapidated state is perhaps one of the greatest threats to homeland security, as opposed to, say, that vial of lip gloss in your purse or the bottle of shampoo in your travel bag.

The slightest glitch on the transmission superhighway could upset the smooth distribution of electricity over thousands of miles of transmission lines and darken states from Ohio to New York in a matter of seconds, bringing hospitals and airports to a standstill and putting an untold number of lives at risk.

According to George Gross, a University of Illinois at Urbana-Champaign professor of electrical and computer engineering who specializes in utility policy, a serious lack of investment in the power grid continues to put reliability at risk and is the "Achilles heel" of the country's electric system.

"The August 2003 blackout was a wake-up call for the country to upgrade its transmission grid system," Gross said. "But the truth is that very few major transmission projects have been constructed and, as a result, transmission capacity has failed to keep pace with the expansion of power demand."

Immediately following the August 14, 2003, blackout President Bush said publicly that he would see to it that the nation's aging power grid would quickly be updated in order to avoid future blackouts and to handle the increase in demand.

Severe power shortages and rolling blackouts have become a daily occurrence around the country over the past few years as the antiquated power grid is continuously stretched beyond its means - mainly a result of electricity deregulation - whereby power is sent hundreds of miles across the grid to consumers by out-of-state power companies instead of being sent directly to consumers by their local utilities, which is what the grid was designed for.

For the most part, power companies maintain grid reliability by following voluntary guidelines designed by the power industry, just like the voluntary emissions limits that the fossil-fuel industry says it upholds. Last year, Congress passed an energy bill that required mandatory standards that included monetary penalties, but the rules are months away from being finalized.

The US-Canadian task force that investigated the August 2003 blackout found numerous violations of the voluntary standards, and concluded that utilities botched routine monitoring of transmission lines and failed to trim trees along transmission passageways.

Still, in the three years that have passed since the worst blackout in US history blanketed the Northeast, nothing substantial has been done to overhaul the power grid, and that puts reliability in jeopardy, and lives at risk, as demonstrated by the dozens of scattered blackouts in the month of July throughout the nation this summer - one of the hottest on record.

Since July, all seven of the country's regional grid operators that monitor power flow throughout the nation reported record electricity consumption as temperatures increased. Blackouts struck many parts of the country during the month of July, not because of a shortage of supply, but because the dilapidated power grid could not handle the amount of electricity that was sent back and forth across the transmission lines.

Demand for electricity is expected to increase by 45 percent by 2025, according to the North American Electric Reliability Council, a power industry-funded organization that was named by federal regulators last month as the new watchdog group in charge of overseeing the rules for operating the nation's power grid.


Last year, US peak demand for electricity grew by 7.7 percent over the summer of 2004, with double-digit growth in the Northeast and the Midwest regions. New England saw a 4 percent increase, on top of last year's 11 percent increase. New York also experienced a 4 percent increase, following a 13 percent increase last year.

"In some cases, demand has reached levels that were not expected for another three or four years," said Jone-Lin Wang, a senior director at Cambridge Energy Research Associates. "Very hot weather tends to cause more incidents of equipment failure in the distribution systems. Although the bulk power system provided adequate supply, extreme heat and surging demand put the distribution systems through extreme stress, leading to some equipment failures and localized power outages."

But neither the Bush administration nor federal lawmakers have developed a comprehensive plan to handle, at the very least, the annual increase in demand. Blackouts will likely become more frequent in areas like New York and New England, Wang said.

"We are concerned about New England because there is nothing in the pipeline, but some small renewable projects and wind," Wang said in an interview earlier this month with Reuters. "New England is in trouble."

The 2003 blackout led to calls for spending of up to $100 billion to reduce severe transmission bottlenecks and increase capacity so the transmission lines can carry additional electricity from power plants to homes and businesses.

But investment in the grid has lagged, and progress has been slow.

"Demand growth is forecasted to be 20 percent between 1998 to 2008, but the increase in transmission capacity is still below 5 percent," Gross said. "The need to strengthen the existing transmission infrastructure, to expand it and to effectively harness advances in technology constitutes the single most pressing challenge for the country's electricity system."

Craig Baker, senior vice president of American Electric Power Co., the Columbus, Ohio, utility that operates the nation's largest private transmission system, told the Wall Street Journal last month that federal intervention may help, but there's still the question of who will pay for the billions of dollars needed to build transmission lines.

"We're all looking at massive transmission expenses," he said.



To: hotelonthemoon who wrote (77)8/24/2006 1:07:19 PM
From: Skywatcher  Respond to of 203
 
bad financials making for today's minicrash once again....just when the volume was drying up, now a big move down to below a buck



To: hotelonthemoon who wrote (77)9/1/2006 12:31:19 PM
From: Skywatcher  Read Replies (1) | Respond to of 203
 
Composite Technology Receives Order from General Cable for Second American Electric Power Installation
Friday September 1, 8:05 am ET

IRVINE, Calif., Sept. 1 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC - News) is pleased to announce that its subsidiary, CTC Cable Corporation (CTC Cable) received a new order from General Cable Corporation (General Cable) for ACCC cable for an American Electric Power (AEP) installation. The reconductoring project will use 60 linear miles of ACCC cable for a line from Bluff Creek to South Abilene in Texas. It is the second ACCC installation for AEP, which has a value in excess of $2 million and includes cable, hardware, and extended warranty.
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This order follows an installation by AEP in San Antonio, Texas earlier this year and underscores AEP's confidence in ACCC cable and the solution it provides for constrained transmission lines. The new order is for General Cable's TransPowr(TM) ACCC Drake 1020 kcmil conductor, which incorporates CTC's proprietary cable technology. Installation is slated for the first calendar quarter of 2007. ACCC's high strength composite core allows for 28 percent more conductive aluminum in the same diameter cable with the same overall weight as a conventional steel core conductor, enabling ACCC cable to carry more electricity more efficiently. Additionally, ACCC's composite core demonstrates significantly less high temperature sag which enables the line to operate at much higher temperatures than traditional cables.