The Ridgeway underground mine cave is located in the mineral-rich Cadia Valley province in central New South Wales. A gold and copper mine, it is 100% owned by Australia's Newcrest Mining, and is one of three operations owned by the company in the province. The others are Cadia East and Cadia Hill, the largest of the three. "The Ridgeway underground mine cave is located in the mineral-rich Cadia Valley province."Ridgeway is in the process of transitioning from the sub-level cave to a block cave beneath the existing mine. In 2007 the Newcrest board approved development of the Ridgeway Deeps block cave. It will be the first natural caving operation to be developed by Newcrest and will be the deepest block cave in Australia. The company says it is spending A$525m to develop it. The mineral resource at Ridgeway Deeps was re-estimated following a geological reinterpretation which yielded an increased resource of 20 million tons containing 0.5 million ounces of gold, and 0.05 million tons of copper. GEOLOGY AND RESERVES

Czech utility, CEZ Group (CEZ.BE), is investing 1.1 billion euros in a Romanian wind farm with a projected capacity of 600 megawatts (MW), which--when completed--will be the largest onshore wind farm in Europe. CEZ bought the development rights for two projects from Continental Wind Partners LLC (CWP), which will manage the construction, set to begin next month. The project will combine adjacent Fantanele and Cogealac wind farms. Together, the two projects will be about twice the size of the next largest fully permitted onshore wind farm in Europe, and triple the size of the largest operational wind farm in Europe. The project, which is located about 17 kilometers from the Black Sea, will be completed in two stages. The first stage of 347.5 MW is expected to be completed by the end of 2009. It will comprise 139 GE wind turbines.

China will begin subsidizing the production of wind power turbines, according to an announcement made last Friday. The subsidy will only be available to Chinese majority-owned turbine manufacturers, who will be eligible to receive $88 per kilowatt for the first 50 units capable of generating at least 1.5 megawatts of power. In addition, the subsidy can only be used for research and development. This is the first Chinese subsidy specifically focusing on the wind power industry and it is meant to make Chinese companies more competitive with turbine makers like GE (NYSE: GE) in the U.S., Vestas Wind Systems (VWS.CO) in the Netherlands and India's Suzlon (SUZL.BO).

Sierra Pacific Power and Nevada Power Company have announced that they are expanding their SolarGenerations renewable energy programs to include cash incentives for wind and hydroelectric power systems as well as solar photovoltaic (PV) systems. Both Nevada utilities are wholly-owned subsidiaries of Sierra Pacific Resources. "These projects deliver benefits on many levels: they reduce energy bills, provide learning opportunities, help the environment, and increase our energy independence by taking advantage of abundant natural energy sources right in our own backyard." -- John Hargrove, Program Manage, Sierra Pacific & Nevada Power The last session of the Nevada State Legislature made the SolarGenerations demonstration program permanent, doubling the total amount of installed photovoltaic energy eligible for rebates from 1,900 kilowatts (kW) to 3,760 kW, and adding the new WindGenerations and HydroGenerations programs. Together, these programs are called RenewableGenerations.

LONDON (Thomson Financial) - EMED Mining (News) Public Ltd., a European-based minerals exploration and development company, said Spain's largest mine, the Rio Tinto (News) (News/Aktienkurs) Mine, is advancing towards copper production restart. The AIM-listed company said in its mining quarterly report, for the three months to June that recruitment of a large workforce and mobilisation of a mining contractor is expected to proceed in the first half of 2009 and production six months later.

LDK Solar (NYSE: LDK) said Monday it expects to generate between $2.8 billion and $3 billion in revenue and ship between 1.45 gigawatts and 1.55 gigawatts of silicon wafers in 2009. The Chinese company also said its wafer manufacturing plant has reached 1 gigawatt of annual capacity. It's a noteworthy milestone on the way to production capacity targets of 1.2 gigawatts by the end of the year, 2.2 gigawatts by the end of 2009 and 3.2 gigawatts by 2010 that the company announced earlier this month. LDK shares rose more than 8 percent to reach $49.63 per share in recent trading. The wafer maker's stock has climbed since it posted blockbuster second-quarter earnings on Aug. 11. LDK's net income grew more than fivefold year-over-year to reach $149.5 million, or $1.29 per share. Second-quarter sales more than quadrupled to $441.7 million from $99.1 million from the year-ago period (see LDK 2Q Profit Triples, Margin Falls). Strong demand for its wafers has prompted the company to expand its production capacity quickly. LDK also plans to start making it own polysilicon, in addition to buying the raw material for making the wafers. Production at LDK's first polysilicon plant is expected to begin soon and produce between 100 metric tons and 350 metric tons by December. The company is also building a second plant (see LDK Silicon Confirms Plant Is on Track). LDK CEO Xiaofeng Peng told analysts two weeks ago that the company had a backlog of more than 12 gigawatts of wafer orders. LDK expects to generate between $1.65 billion and $1.75 billion in revenue and ship between 750 megawatts and 770 megawatts of wafers for the whole of 2008.

The U.S. Department of Energy (DOE) Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy John Mizroch announced recently that the DOE will invest up to US $24 million -- subject to the availability of funds -- to develop solar energy products that will hopefully accelerate the penetration of solar photovoltaic (PV) systems in the United States. \n\nWhen the projects are combined with the overall industry cost share of up to US $16 million, more than US $40 million in total could be invested in these SEGIS projects, with future federal funding subject to appropriations from Congress.\n\nThe Solar Energy Grid Integration Systems (SEGIS) projects will provide critical research and development (R&D) funding to develop less expensive, higher performing products to enhance the value of solar PV systems to homeowners and business owners. These projects are integral to the Solar America Initiative, which aims to make solar energy cost-competitive with conventional forms of electricity by 2015. \n

South African steel producer Highveld Steel & Vanadium on Friday announced that the disposal of vertically integrated assets Vanchem and its 50% stake in South Africa Japan Vanadium (SAJV), to Swiss firm Duferco Investment Partners, would be effective from August 29. The producer said in a statement to shareholders, that it had received approval from the European competition authorities, the South African competition authorities and the South African Reserve Bank, as well as the consent of the other shareholders of SAJV. The Competition Tribunal earlier this month announced that it had approved the sale of the assets, which formed part of the European competition regulatory body's conditions of the 2007 Highveld Steel acquisition by Evraz.

Solar Thin Films, Inc. (OTC BB:SLTN.OB), a developer, manufacturer and marketer of manufacturing equipment for the production of "thin-film" amorphous silicon photovoltaic modules, has entered into a strategic alliance and cross license agreement with Amelio Solar Inc. \n\nUnder the agreement, Solar Thin Films will market and sell photovoltaic products using copper indium gallium diselenide (CIGS) technology developed and commercialized by Amelio Solar, and has rights to manufacture PV module manufacturing equipment using CIGS technology subject to certain terms and agreements\n

Upgrades on Eve of Democratic National Convention's 'Greenest Political Convention in History' Held in Denver\n\nDENVER, CO--(Marketwire - August 22, 2008) - Data393, a Managed Data Holdings Company and a leading provider of colocation, managed hosting, disaster recovery and IP network services, announced today the completion of "Green" initiatives to decrease the facility's carbon footprint. The announcement was made in support of the City of Denver's role as host of the 2008 Democratic National Convention, which is touted as the "greenest political convention in history." Data393's Green initiative also follows in the footsteps of the City of Denver's efforts to leave an enduring legacy of sustainability programs in the Denver metro area. \n\nResulting from the expansion of its multi-million-dollar, 30,000-square-foot data center, Data393 has implemented technological advances and infrastructure upgrades at its Englewood data center, just south of Denver, that reduce its environmental impact. \n\n

Australia`s competition regulator on Friday identified iron-ore as a potential major concern in evaluating mining giant BHP Billiton`s US$128 billion bid for rival Rio Tinto and said it would make a final ruling on the hostile takeover by October 1. The Australian Competition and Consumer Commission (ACCC) devoted most of its nine-page "statement of issues" to the proposed deal`s likely impact on the iron ore trade and, in particular, on Australian steel-makers. Rio Tinto and BHPB are the world`s second and third largest iron-ore producers, respectively, behind Brazil`s Vale. But the ACCC saw no major competition issues surrounding trade in copper, gold, uranium, bauxite and alumina.

Honda Motor Company (NYSE: HMC) may begin exporting solar modules after completing the planned expansion of it's solar manufacturing facility later this year, according to a Reuters report. The company intends to increase its annual capacity to 27.5 megawatts (MW). Honda's solar subsidiary Honda Soltec Co. began producing photovoltaic solar modules in October 2007. The solar modules incorporate copper, indium, gallium and selenium, as opposed to traditional panels produced from silicon. The company reportedly has sold 3-kilowatt systems domestically to about 100 households for 3 million yen--the equivalent of about US$18,200. Honda also intends to use solar cells in a U.S. test project for next-generation gas stations that would use solar power to produce hydrogen from water for powering fuel cell vehicles, such as Honda's FCX Clarity.

Part of the growing trend for nearly every electronic device to be able to communicate with others, smart grid and advanced metering startup Trilliant has taken $40 million in its first official venture funding.\n\nTrilliant, like competitors Ambient, Silver Spring Networks, SmartSynch and others, makes wireless communication devices for utility meters. When enough are present in an area, they can form a mesh network capable of communicating moment-to-moment use information back to utilities, and to the homes and businesses they're installed within. (Some can also communicate via hardwired connections.)\n\nThe company is one of the oldest to try to tackle the problem. I covered it in more depth in June. The problem with looking at the field is that, at first glance, all the contenders seem to be pretty much identical; broadly speaking, each is approaching the same problem, that of trying to get more information about usage to consumers and utilities, in more or less the same way.

Ireland's OpenHydro and Germany's RWE are spending millions to try to turn the power of waves into electricity With oil prices hitting almost daily record highs and global warming climbing up the public agenda, the need for alternative energy sources has never been more urgent. But while wind and solar have dominated the recent rush to invest in renewables, market watchers reckon it could now be marine energy's turn to shine. Ocean power-using the energy from waves or tidal flows to produce electricity-is quickly coming of age as a viable green resource that could help meet ambitious global targets to reduce greenhouse gases and dependency on fossil fuels. European and North American power companies such as Canada's Emera (EMA.TO) and Germany's RWE (RWEG.DE) are spending millions to fund wind and tidal projects. This investment has led to a new generation of more efficient technologies, with dozens of prototypes expected to be ready for commercial deployment within the next five years. "There's huge interest in both wave and tidal technology," says Thomas Boeckmann, clean tech analyst at market research firm StrategyEye in London. "It's gaining a lot of attention from energy companies, which will be able to offer financial backing and technical expertise to these startups."

GE Energy has acquired Kelman Limited of Lisburn, Northern Ireland, a provider of advanced monitoring and diagnostics technologies for transformers, enhancing GE's smart grid product portfolio. GE's smart grid offerings are designed to help utilities increase productivity and reliability of both traditional and renewable energy generating assets, while also providing consumers with information to better manage their electricity use and expenses.

Scientists at the U.S. Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) have set a world record in solar cell efficiency with a photovoltaic device that converts 40.8% of the light that hits it into electricity. This is the highest confirmed efficiency of any photovoltaic device to date. The inverted metamorphic triple-junction solar cell was designed, fabricated and independently measured at NREL. The 40.8% efficiency was measured under concentrated light of 326 suns. One sun is about the amount of light that typically hits Earth on a sunny day. The new cell is a candidate for the space satellite market and for terrestrial concentrated photovoltaic arrays, which use lenses or mirrors to focus sunlight onto solar cells.

Kulicke & Soffa Industries Inc (K&S) has announced that the company has entered into definitive agreements to acquire substantially all of the assets of Orthodyne Electronics Corporation, a supplier of wedge bonders, and sell the K&S wire business unit to WC Heraeus GmbH, a precious metals and technology group. Under the terms of the Orthodyne agreement, K&S will fund the acquisition of Orthodyne with approximately 7.1 million shares of K&S common stock, plus $80 million in cash. If the transaction is not consummated by October 31, 2008, the purchase price will be approximately 19.6 million shares of K&S common stock and no cash. The deal includes possible earn-out consideration up to an additional $40 million in cash if certain financial objectives are met by Orthodyne over the next three years. The closing of the transaction, which is expected within approximately 60 days, is subject to certain working capital adjustments and closing conditions, including regulatory approvals. "The acquisition of Orthodyne is in line with our stated strategy and positions K&S to capitalize on our strengths in equipment manufacturing and further cement our position as the leading supplier of interconnect solutions," commented Scott Kulicke, Chairman and Chief Executive Officer of K&S. "Orthodyne is a fast growing, profitable market leader and provides us with deeper penetration into the discrete side of the semiconductor market, particularly in the attractive power management and hybrid module markets."

The Competition Tribunal on Friday announced that it had approved the sale of vertically integrated assets by South African steel producer Highveld Steel & Vanadium to Swiss firm Duferco Investment Partners. The deal formed part of the European competition regulatory body's conditions of the 2007 Highveld Steel acquisition by Evraz. Duferco's subsidiary, Vanchem Vanadium Products, would acquire Highveld Steel's Vanchem operations, as well as its 50% stake in South Africa Japan Vanadium and 350 ordinary shares in the Mapochs mine, which produced titaniferous magnetitic ore for Highveld Steel, and ore fines for Vanchem.

Sony Corp will invest $369 million (40 billion yen) to power up its lithium-ion battery production operations, adding new facilities and augmenting existing lines. The infusion, which Sony said is the first phase of investment in lithium-ion batteries the company is undertaking as part of efforts to reinforce core areas of its component and semiconductor business over the next three years, will be used to construct new production facilities and to enhance existing lines at Sony's lithium-ion battery production sites in Japan, the Motomiya Technology Center and Tochigi Technology Center of Sony Energy Device Corp. Sony said it is making the investment in response to the growing demand for lithium-ion batteries and that the new production facilities will focus on electrodes, battery cell production lines, and charge and discharge equipment, among other technologies. Sony further reminded its expanding lithium-ion battery production in Singapore and China, and said that in total its monthly production capacity will increase from the current level of 41 million cells per month to 74 million cells in 2010. Sony's $369 million investment will start in its current fiscal year and continue through the second half of its fiscal year 2010. Sony's fiscal Q1 2008 concluded in June. Meanwhile, Matsushita Electric Industrial Co recently committed $923 million (100 billion yen) to build a plant in Osaka, Japan, that is expected to bring its cell production to about 75 million a month from its current 25 million cells per month. Sanyo Electric Co has also reportedly announced plans to invest, promising $1.15 billion (125 billion yen) to develop its rechargeable-batteries business over the next three years. That investment is expected to increase cell output to 90 million per month from Sanyo's current 70 million cells per month. All three of the Japan-based companies last year suffered from loses brought on by their battery operations. Sony-made lithium-

August 12, 2008 What will the electric carInnovation-At-Big-Companies Dec-07 ownership experience be like? NissanNissan Motors has given us a glimpse of what early adopters are letting themselves in for - rather than bundling expensive, consumable battery packs into the price of the car, Nissan plans to sell its 2010 mass-market battery-electric car for around the same price as a standard petrol car, and lease the battery pack to the buyer on a monthly fee. And the battery lease plus electricity charges should still end up cheaper than a petrol bill. Don't worry, it won't look anything like the test vehicle pictured! In an encouraging auto industry trend, more and more major players are committing to launching hybrid, hydrogenhttp://en.wikipedia.org/wiki/Hydrogen and battery-electric carsElectric car in the next few years. Nissan is the latest to outline its plans, which will include a production-model lithium-ion plug-in electric car by 2010. There's also a clever high-tech hybrid on the way, and Nissan has also announced a cheaper way of building a high-power density hydrogen fuelGM-Coskata-Alternative-Fuels cell stack. But it's the imminent battery-electric vehicle (BEV) that offers the most immediate chance for car buyers to get away from gas stationshttp://en.wikipedia.org/wiki/Filling_station and look into green motoring. And while no details have yet been officially released about range, charging time, body shape or power, Nissan has clarified that its first mass-market BEV will use a lithium-ion battery pack from partner AESC - an expensive option, but the cost (and eventual replacement cost) will be spread out over a lease plan.