China plans to subsidize purchases of alternative energy vehicles to expand domestic demand, boost the domestic auto industry and reduce emissions according to the Ministry of Finance. For passenger vehicles, the maximum subsidy for a hybrid vehicle will be CNY50,000 ($7300), for a purely electric vehicle CNY60,000 ($8775), and for a fuel-cell vehicle CNY250,000($36500). Subsidies for alternative energy buses will range from CNY420,000 ($61400) to CNY600,000($87,700) per vehicle.
The Princess Elisabeth Station will be officially inaugurated in Antarctica on February 15th, 2009. This station is the only polar base operating entirely on renewable energies. It marks a major change as most stations rely on diesel generators because no wind turbines, until now, were thought to be robust enough for such extreme conditions. The turbines will endure the most severe weather conditions on Earth. They will be operating in average winds of 53 mph and winter gusts of over 200mph, while still providing 230V electricity for the stations heating, computers, lights and scientific instruments. The electricity generated is expected to be the highest output of any small wind power system in the world.
Currently, there is substantial amount of interest in this market (Building Integrated Photovoltaics) due to its high year on year growth, as well as an increasing number of countries which now have legislation supporting BIPV technology. The key to understanding BIPV market hot spots is pinpointing the countries that have passed BIPV-friendly legislation. It is no secret that the countries with this kind of legislation have seen the most growth. Led by Germany, and followed by Italy, France and Spain, these markets in particular are ripe for investment. Countries such as Greece, Portugal and Switzerland are moving in the same direction. Although still in the preliminary stages, these markets are something for investors to keep their eyes on as they are emerging into potential BIPV hotspots.
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