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Cleantech news you might have missed: 5 Feb. 2009

newspapersNeed an update on all things cleantech? Here are some recent headlines you might have missed:

  • New York-based China Hydroelectric is seeking a $200 million IPO on the Hong Kong stock exchange, the Cleantech Group reports. Founded in 2006, the company aims to help the Chinese government meet its goal to triple its hydroelectric capacity to 300 gigawatts by 2020;
  • NextGen Research has released a report predicting that the global market for LED lighting will exceed $22 million this year, and reach $33 billion by 2013. The organisation says its forecast is based on the movement toward “widespread acceptance and increasing adoption of LEDs as a viable, mainstream, ‘green’ technology”‘;
  • General Motors announced this week that it plans to work with cities like San Francisco and Washington, DC, to prepare them for wider use of plug-in electric vehicles such as the upcoming Chevrolet Volt. “Cities have an indispensable role in making plug-in vehicles successful,” said San Francisco Mayor Gavin Newsom. “Here in San Francisco, we are acting now to make sure the charging infrastructure will be available to support these vehicles as soon as they are ready for sale, and we are working with other cities in the region to make the Bay Area a thriving market for electric transportation”;
  • 3M has created a new Renewable Energy Division designed to create and market products for the renewable energy market. The new division will operate two separate business units: one focused on energy generation, the other targeting energy management;
  • DuPont has installed its largest-ever photovoltaic solar array at its Waimea Research Center in Hawaii. The 1,500-panel array is expected to generate more than 700,000 kilowatt-hours of electricity per year — enough to meet about 85 percent of the research facility’s energy needs;
  • BMW recently revealed its new super-green car: the BMW Z10 ED. The two-door vehicle will retail for about £80,000 vehicle, according to Autocar.

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