Yearly Archives: 2007

Popular Science Takes The Aptera Electric Car For A Test Drive

Where Scifi meets the road

By Michael d'Estries  

The new Aptera vehicle embodies everything science fiction dreamers thought automobiles would look like in the 21st Century. Minus, of course, the ability to fly. Not only is it crafted in a style that would make The Jetsons proud, but it uses electricity to quietly cruise the streets at speeds up to 90mph. Add in the “WTF is that?!” reaction from drivers and passerbys alike and you’ve got yourself the perfect excuse to fork over the under $30K or so needed for this ride.

Well, in my head at least, that’s the perfect excuse. The more reserved out there may want to wait a bit to see how this first generation of the Aptera does before getting rid of their Sonatas. There are, however, some other really cool facts about this car that might push you over. For instance:

  • Aptera founder and CEO Steve Fambro says sticking your hand out the window of an average car driving 55 mph creates more drag than the Aptera’s entire body.
  • The Typ-1 e uses a rearview system with three cameras that display images on small dash panels where analog gauges would normally sit. (Traditional rearview mirrors will still probably make it to production as well.)
  • The roof top solar panels can charge either you laptop or the vehicle’s AC system when not in use.
  • The Typ-1 e is expected to have a target range of 120 miles per charge. A ful1 recharge of the pack will take about 4 to 6 hours with a standard 110-volt outlet.

Here’s what Popular Science thought of the vehicle’s ride:

“Turn the dial to the “D” position, and the Aptera accelerates like many other pure EVs, with a constant rush of torque. The powertrain pulls strongly up to 50 mph or so (the fastest the streets on our route would allow). Interestingly, when you floor the accelerator, there’s a moment when the reareand jacks up slightly as the torque is applied. It’s a slight feeling, as it is on some shaft-drive motorcycles—and it’s kind of fun. It makes the acceleration feel stronger than it is.”

Ultimately, however, what really makes this thing worth believing in is to see it in motion. Jump here to check out PopSci’s full review and to catch the video test drive. You can visit Aptera’s official site here.

What do you think? Would you pick one up?

Thanks to Bill Hobbs for the tip!



Eco-Boat Powered In Part By Human Fat Attempts World Record

Hungry for Americans

By Michael d'Estries  

The United States has been sitting (literally) on a massive reserve of fuel that until now may have gone unnoticed.

The 78 foot alternative fuel powered wave-piercing trimaran called Earthrace is finding a new energy source in human fat. The ship’s captain, New Zealander Pete Bethune, underwent underwent liposuction and donated enough to produce 100ml of biofuel, while two other, larger volunteers also had the procedure, making a total of 10 litres of human fat.

All in all, that’s enough fat to help the boat travel about 15km. The remaining mix comes from 100 per cent biodiesel. The Earthrace will attempt this March to circumnavigate the globe in 65 days — breaking the previous record set in 1998 of 75 days.

Obviously, I don’t think we’re going to see Senator Stevens arguing to tap into the more than five million Americans that are considered “morbidly obese” — but it does make you consider the amazing possibilities in terms of fuel alternatives that are all around us. That, and perhaps we should go on a diet before some alien species invades looking for it’s own next generation energy source. We certainly would provide enough “umpf” for lightspeed.

via daily mail

Solar Table Charges Your Goods, Powers Your Deck Lights

Umbrella not included.

By Michael d'Estries  

Sure, it costs $3,600 dollars — but this solar table might just be the conversation starter needed over your summer dinner parties to get your neighbors interested in renewable energy. That, or perhaps you’re just keen to get some work done outside without having to run power cables everywhere you go.

Whatever your reasons, this solar power table is certainly a creative integration of photovoltaics in furniture. According to Wired, The Sun Table from Devang A. Shah and Michael Low is made out of renewable materials (all aluminum), goes to 156 Watts (13 Ah @ 12V of Energy), and includes a 64 Watt multicrystalline panel that serves as the actual table top. The nickel metal hydride battery is recyclable and will fully charge your laptop in about three hours.

Check out the official site for more information. The Sun Table will ship March 15th of next year.

via Wired

Kite-Assisted Ship Prepares For January Maiden Voyage

Over $1,600/day in fuel savings expected

By Michael d'Estries  

Harnessing the winds to propel ships around the world has been a successful form of renewable energy for hundreds of years. While it fell out of favor over century ago due to its unpredictable nature and the rise of alternative fuels, a new company called Skysails is reintroducing the concept to tankers and ocean transport mammoths looking to cut costs, reduce energy consumption, and put a little green in their portfolios. They will start next month by attaching a $725,000 computer-controlled kite to a 443ft German cargo ship as it sails across the Atlantic to Venezuela, up to Boston and back to Europe. From the article,

“To latch onto the powerful winds prevailing well above the surface, the kite attached to the high-tech steerage unit flies up to 300 meters high to tug the 10,000-tonne ship forward, supporting its diesel engines and cutting fuel consumption.

Under favorable wind conditions, the 160-square meter kite shaped like a paraglider is expected to reduce fuel costs by up to 20 percent or more ($1,600 per day) and cut, by a similarly significant amount, its carbon dioxide emissions.”

Obviously, Skysails isn’t the only watching the maiden voyage with anticipation. The maritime industry as a whole is especially interested in technology that can reduce fuel costs in a time when prices are rising substantially. If everything goes as planned, the company will equip 4-8 ships next year — and up to 1,500 by 2015.

Sure, it’s a drop in the bucket when you consider the more than 50,000 merchant ships sailing the high seas every year transporting goods; but it’s an important alternative that may prove to be a wise investment for large fleets and a stepping stone to increased efficiency in moving cargo around the world. Stay tuned for updates on the total savings and impressions!

via reuters

Nanosolar Delivers First Printed Thin-film Solar Cell For Commercial Use

Firm aims for sales at an incredible $.99/Watt

By Michael d'Estries  

nanosolarNanosolar– the firm that was awarded $20 million dollars from the Department of Energy as part of the high-profile Solar America Initiative — is delivering on the hopes and expectations of its backers with the sale of the world’s first printed thin-film solar cell in a commercial panel product. Here’s how Popular Science described the technology:

“The company produces its PowerSheet solar cells with printing-press-style machines that set down a layer of solar-absorbing nano-ink onto metal sheets as thin as aluminum foil, so the panels can be made for about a tenth of what current panels cost and at a rate of several hundred feet per minute.”

This is big for many reasons, the greatest of which is that we now have a panel going for the ultra low cost of almost $.99/watt. To put that in perspective, the current lowest thin film module price is at $3.59 per watt! Here are some of the other highlights:

  • the world’s first thin-film solar cell with a low-cost back-contact capability
  • the world’s highest-current thin-film solar panel – delivering five times the current of any other thin-film panel on the market today and thus simplifying system deployment
  • an intensely systems-optimized product with the lowest balance-of-system cost of any thin-film panel – due to innovations in design we have included.

Nanosolar’s first product went to a freefield deployment in Eastern Germany as part of a solar power plant installation being constructed. The remaining first panels will be submitted to exhibits and museums; with one being offered up on eBay to support charity. This is a pretty exciting news and we look forward to a ramp up in production that will ultimately lead to cheap and efficient solar power for the masses. Congrats to Martin and the crew!

via Nanosolar

More Ethanol = More Fertilizer Needed for Corn

Taking stock of fertilizer company stocks

By Beth McKenna  

There is a flip side to about everything in life, isn’t there?

Take corn-based ethanol. It’s a plus for the Midwestern farmers growing corn as it provides them with more demand for their crop. It’s a negative for people buying food — expecially those on tight budgets — as the additional demand drives up food prices.

To be fair, let’s note that there are also other factors that have driven up food prices to historic highs: rising transportation (fuel) costs; and growing affluence in Asia, which has led to an increase in demand for meat, which in turn has driven demand for grain to feed livestock. 

As many readers likely know, the US already has ethanol subsidies in place. And, as some may know, Congress just passed a bill increasing those subsidies (and Bush has said he’ll sign the bill now that several of the original clean energy subsidies were taken out).

So, for now, there’s no sense debating whether increased ethanol subsidies are a good or bad thing. For our purposes, this saying applies: IT IS WHAT IT IS.

The bottom-line: More corn being grown to produce the additional ethanol means that more fertilizer will be needed. Fertilizer company stocks, which have posted scorching returns over the past year (and longer), should continue to do well.

Here’s a look at some of the major fertilizer companies (in order of market cap*):

  1. Potash (NYSE: POT) – Canadian firm specializing in potash**, a form of potassium carbonate, as well as nitrogen and phosphate, fertilizers. Some stats: $39.7 B market cap; 173% 1-year stock return; 1.9 beta; 24% Return on Equity (ROE); 30% operating margin (OM); 39% quarterly revenue growth & 67% quarterly earnings growth.
  2. Mosaic (NYSE: MOS) — Minnesota-based company that is the industry’s other giant potash producer. Stats: $36.6 B market cap; 276% 1-year return; 1.5 beta; 15% ROE; 14% OM; 55% Q revenue growth & 180% Q earnings growth.  
  3. Agrium (NYSE: AGU) – Canadian company involved in nitrogen-based, potash, sulfur, and phosphate-based fertilizers. Stats: $7.8 B market cap; 92% 1-year return; other stats not immediately available (not listed on Yahoo Finance).
  4. CF Industries (NYSE:CF) — Illinois-based company that operates in two segments, nitrogen and phosphate fertilizers. Stats: $5.4 B market cap; 304% 1-year return; 0.9 beta; 27% ROE; 18% OM; 46% Q revenue growth & 1085% Q earnings growth.  
  5. Terra Industries (NYSE:TRA) — Iowa-based company that produces nitrogen and methanol products for agricultural and industrial markets. Stats: $3.6 B market cap; 260% 1-year return; 1.9 beta; 15% ROE; 23% OM; 28% Q revenue growth & 426% Q earnings growth.  
  6. Terra Nitrogen (NYSE:TNH) — Iowa-based limited partnership (LP) with a focus on nitrogen fertilizer products. Stats: $2.3 B market cap; 272% 1-year return; 2.3 beta; 98% ROE; 27% OM; 45% Q revenue growth & 232% Q earnings growth.  

*Market capitalization (cap): # shares of company stock x stock price

**Potash: There’s a limited amount of potash production globally, thus, it’s a very profitable product for those companies producing it. Potash comes from mines, and the cost of replicating these massive mines represents a major ”barrier to entry” or “moat” (meaning other companies can’t easily get into this biz).

Before investing, do like one of those Midwestern farmers and dig, dig, dig! A bit deeper. 

This article is not a recommendation to buy or sell any securities.

Want Wind Power? Need Turbines.

Merrill Lynch forecasts these companies to be wind winners

By Beth McKenna  

wind-cu-330.jpgwind-cu-330.jpgBy most accounts, there is a strong tailwind behind wind power.

Merrill Lynch in Europe recently published a report predicting that global wind energy capacity will soar at a compound annual growth rate of 22% between now and 2011. 

Three of the megatrends Merrill forecasts in this same report:

1. By 2011, the US will be the world’s #1 wind energy market, surpassing current #1, Germany.

2. The global wind energy industry will grow so fast that key component manufacturers will struggle to keep pace.

3. Despite rising demand, there isn’t likely to be a significant number of new market entrants, in large part because of the value buyers place on manufacturers with a proven track record.

It doesn’t take a Nobel-winning economist to realize that if, indeed, demand exceeds supply, and there are few new entrants, there will be some big-time winners among the existing component manufacturers.

The turbine manufacturers Merrill forecasts to be winners and why:

  1. Siemens AG, a German company — has a strong position in the growing offshore markets (out in oceans).
  2. Suzlon Energy, an Indian company – has a a considerable home advantage on its turf. 

How to invest in these companies: 

  1. Siemens — which is not a “pure play” as it has many different business operations — trades on the New York Stock Exchange (NYSE) under the ticker symbol SI. So, US investors can easily purchase this stock.
  2. Suzlon — doesn’t trade on a US exchange. It trades on the Indian exchange (NSE), as SUZLON.

Wish I could hook you up with the entire Merrill report, but I’d imagine it’s pricey. You may want to check out my source below as it contains some great articles pertaining to wind and solar energy companies.

Source: Energytechstocks.com

Spying To A New Level

By Doris Lo  

Who would…why would…
A company called Chinavision has developed a solar-powred wireless spy camera pen. The reason for this gadget is beyond me but who can resist its James Bond coolness?
The pen looks normal, is in fact fully functional, except it conceals a built-in wireless mini camera that you activate with a twist of the cap. Keep the MP4/wireless receiver within 20 meters to record anything or everything with the spy pen. Charge the lithium ion battery in the camera with solar energy. The cost of this souped up pen starts at $328.

(via InfoWorld)

Sin City gets first U.S. solar thermal mfg. plant

By Tim Plaehn  

Yes, Las Vegas, Nevada will be home to the first solar thermal manufacturing plant in the U.S. Ausra, Inc., which is on it’s way to becoming the big player in the field, announced they will build a 130,000 sq. ft. manufacturing plant there. The highly automated manufacturing and distribution center will produce the reflectors, towers, absorber tubes, and other key components of the company’s solar thermal power plants. Production at the plant is scheduled to begin April 2008.

Ausra (the non-public company I most wish was public so I could buy stock in it!) is headquartered in Palo Alta, CA and has recently signed several agreements to provide solar thermal power plants to several utilities. The most recent was an agreement to build a 177 MW plant for Pacific Gas & Electric in California. Articles on this site concerning Ausra’s projects are here, here, here, here and here.

Solar thermal power plants can provide electricity with zero pollution at market cost. This plant will be able to produce 700MW of capacity per year, enough to power 500,000 homes. If you are not familiar with the concept of solar thermal this is what the press release says:

“Ausra’s Compact Linear Fresnel Reflector (CLFR) solar technology utilizes the heat from the sun’s rays to create steam. Solar collectors boil water at high temperature to power steam turbine generators, in much the same way as traditional fossil-fuel power plants, but without use of fuels or emissions.”

Having lived in Las Vegas a couple of times, I am pleased to see this type of business set up there. They definitely have enough space and sun for lots of solar power production!

For the Birds: Researchers Seek Ways to Lessen Impact of Wind Turbines on Our Feathered Friends

By Bill Hobbs  

Wind turbines once acted as a death sentence for thousands of birds, but today’s wind farm entrepreneurs “are trying to reduce the impact on wildlife before turbines even go up,” reports The Coloradoan newspaper. “Research being done before wind farms go up, as well as advances in wind farm technology, are stemming avian deaths…”

Researchers at Colorado State University are trying to learn more than just how many birds are killed by wind turbines, says Bill Farland, vice president of research at CSU. They also want to know whether wind farm development “begins to change migratory patterns of birds,” he said. It is a question scientists have been examining for years, and continue to study each time a new wind farm is built.

Bird deaths are one cause of objection to new commercial-scale wind farms - to the extend that researchers can solve the problem or at least reduce it, commercial wind power’s future will be that much brighter.

But some people aren’t waiting - they’re installing personal-sized wind turbines on their own property to power their own homes. The New York Times is reporting on the trend.

Until recently, wind turbines were used primarily by those who lived outside the range of local utility lines, or who wanted to live completely off the grid. But reductions in their size and cost, along with improvements in their efficiency, are allowing suburban homeowners with no dissident leanings to speak of to install them in growing numbers, with concerns over rising energy costs and global warming driving the demand.

Sales of wind turbines have been growing steadily since 1990, when the American Wind Energy Association, a nonprofit advocacy group in Washington, began tracking them.

Last year, about 7,000 small wind turbines — defined as those that have a capacity of up to 100 kilowatts, roughly enough to power a large school — were purchased in the US, according to the group, which said it expects sales to reach about 10,000 this year.

That’s a lot of business for the small-turbine makers.

And several states are helping spur the growth:

Residential turbines, which account for half those sales, are typically 10m to 30m tall, with outputs of 2 kilowatts to 10 kilowatts. They cost between US$12,000 and US$55,000, but in recent years, 19 states — including California, New Jersey, New York, Massachusetts and Ohio — have begun offering incentives and rebates that can cut purchase prices by up to 50 percent.

Even Uncle Sam may soon chip in:

And last week, the US House of Representatives passed a bill that would help states provide grants and low-interest loans for residential turbines, as well as solar panels and geothermal heat pumps. It would also offer a 30 percent federal tax credit on turbine purchases, up to US$4,000. The Senate is now considering a similar measure.

The NYT story also looks at the impact of wind turbines on electric bills and on residential home values, and also gives a peek at the NIMBY issues raised by homeowners erecting wind turbines to power their own homes. While big turbines put birds at risk, small turbines may put neighborhood comity at risk in some cases.

Although the story doesn’t mention any small-turbine makers by name, the American Wind Energy Association offers a good though probably not comprehensive list.

Of the companies on the list, only one - Distributed Energy Systems - appears to be publicly traded. The company’s 100kw model is intended not for single homes, but for small industrial sites, small communities and municipalities, schools, commercial farms and remote village wind-diesel power systems.

With the NIMBY issues raised by single-home wind turbines, I wonder if perhaps the right approach would be middle ground with whole subdivisions being served by a few medium-sized wind turbines. Kill two birds with one stone, so to speak.

The California Wind Energy Consortium has a very helpful web site of information if you’re considering installing a small wind turbine on your property, and the American Wind Energy Association has a similar info site with state-specific information.

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