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BERLIN, March 18 (Reuters) - Germany's government will discuss plans to raise the size of its renewable energy fund to 1 billion euros from a current 300 million, according to a draft paper seen by Reuters on Friday. In its effort to make up a shortfall of nuclear power due to a three month moratorium imposed this week, the government aims to boost renewable power and energy saving. It will focus on off-shore wind energy and making buildings more energy efficient. (more) Read More
PITTSBURGH, PENNSYLVANIA--(Marketwire - March 10, 2011) - Affordable Comfort, Inc. (ACI), the nation's leading educational resource for home performance and weatherization, is pleased to welcome politicians, private investors, academics and entrepreneurial home performance contractors as they discuss the acceleration of clean energy entrepreneurship and green-collar job creation at the ACI Home Energy Summit in San Francisco, CA, March 28-29, 2011. A complete speaker roster appears below. (more) Read More
ASHRAE’s webcast, “Ground Source Heat Pump Systems – Putting the Earth to Work for You,” focuses on this method of using underground temperature to create a system using natural resources to save energy and money at the same time. The webcast takes place April 21, 2011. (more) Read More
NAOHSM’s (National Association of Oilheating Service Managers) mission is education and they strive to deliver high-quality, relevant materials and classes each year. Upwards of 40% of their operating budget is spent on education. Each year, NAOHSM chooses a topical subject and hires an expert to take classes on the road. This year, they will focus on Basic Electricity with well-known industry expert, Carol Fey. Carol Fey is a degreed, technical trainer who has worked in the controls industry for over 25 years. She has also written several books – Quick & Basic Electricity, Quick & Basic Hydronic Controls, and Quick and Basic Troubleshooting. Visit www.carolfey.com to learn more about Carol. NAOHSM is responsive to the educational needs of its members. When members requested more information about electricity, this year’s course topic was born. Attendees will learn the basics of electricity and gain more confidence to use test equipment properly, read ... Read More
Bob DeWyze, former Director of ITT Bell & Gossett's Little Red Schoolhouse in Morton Grove, Illinois, for more than 40 years, recently passed away. DeWyze trained tens of thousands of HVACR professionals at one of the industry's most venerable educational institutions from the mid-1950s until his retirement in 1997. An ex-Marine and World War II veteran, Bob was known for his no nonsense approach to quality education. Born on January 16, 1923, he was 88 years old when he died on February 8, 2011. He is survived by his daughter Renee and sons Bruce and Brian, and three grandchildren. Read More
Property owners and managers of multi-family buildings throughout New York City and Westchester County lose money on their real estate investments every day because their buildings waste energy. Yet many building owners and managers hesitate to initiate improvements because they are concerned about upfront costs and how to select and procure the right equipment. (more) Read More
ROCHESTER — The Planning Board unanimously accepted as complete and approved the new addition on LAARS Heating Systems' manufacturing building at 20 Industrial Way. The plans include a 12,800-square-foot addition to the existing building that will house a new training room, additional offices and a break room. There will also be 86 new parking spaces added to the existing lot, according to Rick Lundborn of Norway Plains Associates, the engineering firm that submitted the application. (more) Read More
Grundfos Blueflux® technology represents the best from Grundfos within energy efficient motors and variable frequency drives (MG motors, MGE motors and CUE drives). Grundfos Blueflux® harnesses the full energy-saving potential of electrical motors and the pumps they power. The first Grundfos Blueflux® solutions are on the market today, and others will be launched periodically this year. The complete Grundfos Blueflux® range will be available to use with our market-leading pumps by January 2012. (more) Read More
Danish pump manufacturer Grundfos has registered a shade of red as a trademark. (more) Read More
A. O. Smith Corporation (NYSE: AOS) reported 2010 earnings from continuing operations of $57.3 million or $1.24 per share on sales of $1.49 billion, which included an after-tax charge of $21.6 million, or $0.47 per share, associated with the flooding that impacted the company's Ashland City, Tenn., facility in May. The discontinued Electrical Products operations earned $54.4 million or $1.18 per share on sales of $705.8 million.
The combined businesses earned a record $111.7 million, or $2.42 per share, in 2010. Earnings for 2009 were $81.3 million or $2.36 per share. Non-GAAP earnings for 2009, excluding the impact of the SICO transaction, were $89.7 million or $1.97 per share. In the fourth quarter, the combined businesses earned $32.2 million or $0.69 per share in 2010 compared with $22.7 million or $0.50 per share in 2009. (more) Read More