A Connecticut-based wind power company plans to be the first solely focused wind energy business in the U.S. to go public with an Initial Public Offering (IPO) on the Nasdaq later this year.
This story on CNNMoney.com says Noble Environmental Power Inc. plans to raise up to $375 million through the IPO under the symbol “NEPI”:
Noble Environmental currently operates 282 megawatts of electrical generating capacity in New York state and has 950 megawatts that it expects to bring online in 2008 and 2009. By the end of 2012, it expects to have 3,580 megawatts of capacity by expanding to other states, including Maine, Minnesota and Wyoming.
No other company focused exclusively on wind power generation has ever launched an IPO in the U.S., although there have been 17 such offerings in other parts of the world since 1995, according to data tracker Dealogic. But it was inevitable that a wind-related offering would come to market in the U.S., given the growth in the industry and a rise in private investments in the sector, says Randall Swisher, executive director of the American Wind Energy Association, a trade group that promotes wind power.
The article goes on to point out that Noble Environmental just started operating wind farms three months ago. But the company is putting its trust in the growing demand for renewable and clean energy sources, as well as hopes that legislation supporting wind power will be renewed by Congress.
The head of the National Biodiesel Board is telling consumers not to buy what some grocers are selling: placing the blame for food price hikes on biofuels.
“The feeding frenzy on biofuels as the reason for higher food prices has got to stop. The GMA’s anti-biofuels campaign is not based on sound science, but rather on their desire to find an easy target for defending their profits,” Jobe said.
The microbe that rotted Grandpa’s uniform and wreaked havoc on his equipment while fighting in the Pacific theater of World War II might be the same fungus that could help fill up your gas tank.
“The information generated from the genome of T. reesei provides us with a roadmap for accelerating research to optimize fungal strains for reducing the current prohibitively high cost of converting lignocellulose to fermentable sugars,” said Eddy Rubin, DOE JGI Director and one of the paper’s senior authors. “Improved industrial enzyme ‘cocktails’ from T. reseei and other fungi will enable more economical conversion of biomass from such feedstocks as the perennial grasses Miscanthus and switchgrass, wood from fast-growing trees like poplar, agricultural crop residues, and municipal waste, into next-generation biofuels. Through these incremental advances, we hope to eventually supplant the gasoline-dependent transportation sector of our economy with a more carbon-neutral strategy.” 
Jeff Simmons: not just a racing pro but a national writing champ! 
There are lots of perks that come along with covering the Indy Racing League. Perks like meeting IndyCar Drivers, photographing the world’s most significant motor sporting event (Indy 500) and meeting some of the most talented journalists and photographers of the motor sports industry. Those amazing opportunities come on a regular basis with IRL coverage. Sometimes, a few extras get thrown in. In Kansas City, I got to take a couple laps around the track with IndyCar Driver Davy Hamilton. No, not in an IndyCar. But, it was an Indy pace car and we did go 118 miles an hour around a 1.5 mile oval, getting just centimeters away from the wall. By the way, Davy will drive the #22 Hewlett-Packard/KR Vision Racing car during this weekend’s race.
The media has been keeping Team Ethanol Driver Ryan Hunter-Reay busy. When I popped in for the first session of driver interviews I saw that media interest in Ryan maintained a steady flow. Phillip Wilson from the Indianapolis Star got a quick video interview of Ryan. Phillip says the video will be posted on 
Well, from head to shoe really. The E-logo is everywhere here at the Brickyard. From IndyCars and trailers to flags and t-shirts. But, so far, the most interesting places I spotted the logo during this year’s Indy 500 race weekend were on a ‘Cat in the Hat’ style hat and painted on a Keds kid-sized shoe.
snagging a signature from former Team Ethanol Driver Jeff Simmons. Now, the shoe is signed by both Jeff and current Team Ethanol driver Ryan Hunter-Reay. I pointed out the shoe to Joanna Schroeder, the Director of Communications for the Ethanol Promotion and Information Council. She is going to have Bobby Rahal sign the shoe so Mark has a complete collection of sigs. She’s also sending him a real replica of the the Team Ethanol car. Mark has the Simmons and Hunter-Reay replicas, but not the Paul Dana replica. Joanna is making sure Mark’s collection of Team Ethanol IndyCar replicas is complete too.
The American Automobile Association (AAA) predicts that nearly 32 million drivers will hit the road for the long holiday weekend. However, the 
The oil executives defended their profits and the price increases with statements such as, “The fundamental laws of supply and demand are at work,” made by John Hofmeister, chairman of Shell Oil. 
The Democratic National Convention in Denver will be fueled with ethanol made from beer waste, thanks to a donation from 
Molson Coors is donating all the ethanol fuel for the fleet of General Motors flex-fuel vehicles to be used for Convention transportation needs. Coors’ ethanol is made from waste beer generated at their brewery in Golden, Colo.