According to a recent report from Navigant Research, annual wind power installations in 10 selected markets in Africa and the former Soviet Union will grow from 1,636 megawatts (MW) in 2014 to 3,350 MW in 2023. While growth rates in wind power markets in the developed world have plateaued or, in some cases, fallen, developing economies are expected to see robust growth in the coming years. Strong political support, rising electricity demand due to rapid economic growth, and an imperative demand for energy diversification, are all contributing to an optimistic outlook for wind power development in emerging markets.- Rentech Inc. has acquired all three of New England Wood Pellet’s manufacturing facilities, a $34.5 million investment that adds 240,000 tons to Rentech’s annual pellet output.
- Greenway Innovative Energy, Inc., provider of proprietary, mobile Gas-to-Liquids (GTL) technology, has entered into a Sponsored Research Agreement (SRA) with the University of Texas at Arlington to further refine and enhance its cutting-edge technology which converts natural gas to clean synthetic fuels. The purpose of the Research Agreement with the University is to continually improve the existing Fisher-Tropsch synthesis process for the conversion of natural gas into liquid hydrocarbons, or synthetic fuels.
- Genomatica announced the appointment of Kaspar Evertz, Ph.D., as Executive Vice President, Commercial. Evertz will lead the company’s business development, licensing, and technology transfer teams with a focus on licensing its process technologies, and the delivery and execution of those licenses. He also will be responsible for securing strategic partners to support the development of additional commercial processes through sponsored development programs.
