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GMEDC Names New Executive Director

first_imgJoan Goldstein has been named the new Executive Director of Green Mountain Economic Development Corporation (GMEDC). Goldstein comes to the position after several years as a Business and Technology Advisor for the Vermont Small Business Development Center and as an adjunct accounting, economics, and small business management instructor for Community College of Vermont and the Vermont Technical College.  Joan previously conducted business for herself as an eBay selling consultant and she also brings a wide perspective from her 20 plus years in the financial services industry with international sales, marketing, client and project management experience. She has an MBA in Finance and an undergraduate degree in Economics.Her predecessor, Neal Fox, has left to pursue his many other interests, including serving on the Board of Directors and the Executive Committee of GMEDC.GMEDC is a nonprofit corporation committed to the development of businesses and communities of the 33 town region of the Upper Valley of Vermont. This area entails Orange and Northern Windsor Counties. If you want to hear more about the services and programs of GMEDC, please call 802-295-3710 or visit out website at www.gmedc.com(link is external).last_img read more

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Welch calls on SEC to recoup taxpayer funds from alleged Goldman Sachs fraud

first_imgUS Representative Peter Welch on Monday called on the Securities and Exchange Commission to expand its investigation into allegedly fraudulent securities sold by Goldman Sachs to determine whether the federal government can recoup bank rescue funds.In a letter to SEC Chairwoman Mary Schapiro, Welch joined Reps. Peter DeFazio (D-Ore.) and Elijah Cummings (D-Md.) in asking the SEC to determine whether taxpayer support received by the American International Group (AIG) was transferred to Goldman to cover fraudulent activities.On Friday the SEC filed a civil suit against Goldman alleging the firm misled investors by failing to disclose that one of 25 collateralized debt obligations (CDOs) sold by the firm was designed to fail. Seven similar CDOs were guaranteed by credit default swaps from AIG. Of the $180 billion AIG received in taxpayer assistance, $12.9 billion was transferred to Goldman to settle the bad credit default swaps.In the letter to the SEC, Welch and his colleagues seek to determine whether the investments covered by AIG – and, by extension, taxpayers – were also fraudulent.“The cynicism of Goldman Sachs using taxpayer funds to cover its own fraudulent activities would be breathtaking,” Welch said. “The SEC must turn over every stone to determine the extent of the fraud and recoup taxpayer money.”The letter is copied below:The Honorable Mary SchapiroChairwomanU.S. Securities and Exchange Commission100 F St. NEWashington, DC 20549Dear Chairwoman Schapiro:Thank you for your continued efforts to restore the role of the Securities and Exchange Commission (SEC), “to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” The SEC announcement of civil securities fraud charges against Goldman Sachs and Fabrice Tourre is welcome news to both investors and the taxpayers who bailed out Wall Street.   The failure of the Bush administration to enforce these laws ultimately undermined the financial markets and contributed to the economic turmoil of the last three years.As you know, the SEC complaint makes disturbing allegations of fraud against Goldman Sachs. The SEC has alleged that Goldman Sachs enticed investors into long positions in a synthetic collateralized debt obligation (CDO), while unbeknownst to investors the CDO was specifically designed by hedge fund manager John Paulson to generate losses for short positions taken by Paulson and Goldman Sach’s proprietary accounts.  We are grateful that the SEC is seeking a court order for Goldman Sachs “to disgorge all illegal profits that they obtained as a result of their fraudulent misconduct.”  The U.S. taxpayer deserves nothing more.The complaint is based on a single CDO known as ABACUS 2007-AC1. However, the ABACUS 2007-AC1 offering was part of a series of 25 such CDOs, all arranged by Goldman Sachs. It is not beyond the realm of comprehension that the 24 remaining ABACUS transactions included similar materially misleading statements to investors in order to protect Goldman’s internal proprietary bets, or other coveted counterparties like Mr. Paulson.Seven of the ABACUS CDOs were guaranteed by credit default swaps from the American International Group (AIG).  These seven AIG-insured CDOs contributed to billions of dollars in losses at AIG according to the New York Times.Should any of these transactions be found to include fraudulent conduct, any resulting contractual payments from AIG-issued credit default swaps could be viewed as ill-gotten gains. In light of the U.S. Treasury and Federal Reserve Bank of New York’s extensive and unprecedented support of the insurance giant and the $12.9 billion in taxpayer dollars that AIG transferred to Goldman Sachs to settle the bad credit default swaps, it is imperative that the SEC pursue the recovery from Goldman Sachs of any fraudulently obtained AIG payments.Accordingly, we request that SEC, with all due haste, pursue investigations into the remaining 24 ABACUS transactions for securities fraud, evaluate the extent of any receipt, by Goldman Sachs, of fraudulently-generated AIG-issued credit default swap payments, and vigorously pursue the recovery of such payments on behalf of the U.S. taxpayer. Finally, should this or any subsequent investigation uncover criminal misconduct, we implore you to refer those matters to the Department of Justice for the appropriate prosecution.Again, we appreciate the enforcement efforts of the SEC, and look forward to monitoring the progression of this landmark case.Sincerely,          Peter DeFazio                    Elijah Cummings                 Peter WelchMember of Congress           Member of Congress           Member of Congress Source: Welch’s office. 4.19.2010# # #last_img read more

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Vermont Yankee expected back on line soon

first_imgAs of today, Vermont Yankee reports that the refueling and maintenance outage is in Day 24 and work activities continue to noticeably wind down. Work at the cooling towers involving the third (and final) phase of the cooling tower upgrades continue, and the safety-related section of the west tower is complete. Also complete is the replacement of service water piping to “A” Emergency Diesel Generator and the routine cleaning of the intake bays.VY completed leak testing of tubes in the main condenser through the use of specialized “dimple” plugs, designed to identify even the smallest of leaks.  The source of power for the outage was transferred to the main transformer.  This allowed the next phase of work on the new Vernon Substation to commence.Preparations for start up continue on the refuel floor. The reactor pressure vessel has been reassembled and is being pressure tested today. In conjunction with this test, control rods will be tested. Tomorrow, the Integrated Leak Rate Test of the primary containment will be started. The test involves pressurizing the primary containment and then measuring the leakage rate or pressure drop over a several hour period.The test of the Emergency Core Cooling System was successfully conducted on Sunday, and all of the Emergency Core Cooling Systems responded as expected, but an unanticipated action occurred during the test. The initiating conditions for the test set the water level higher than normal in the reactor vessel. When the test began and steam valves automatically realigned, some of the excess water (above the steam lines) drained through a steam line to the torus which contains a back up supply of cooling water and is located in the reactor building. According to VY, there were no safety consequences and the incident was not immediately reportable. Still, plant management has taken steps to ensure this is not repeated in future tests. VY has also shared the issue with other nuclear plants. The steam lines will be drained and verified free of moisture.Work on the soil remediation from the tritium leak continued through the outage and is on schedule to be completed in the coming weeks. The rerouting of steam trap piping from the Advanced Off Gas system is complete and the reachable areas of the AOG pipe tunnel have been cleaned.The final stage of the outage will be switching and valve alignment of plant systems from their maintenance mode to their normal operations mode, and conducting final tests in preparation for start up. Once the plant is phased back on the grid, it will take several days to achieve full power. The outage is not considered over until the plant reaches 100 percent power. The staff will continue to test and monitor plant systems during the power ascension.Source: Vermont Yankee. May 18, 2010last_img read more

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Governor-elect Shumlin names Jeb Spaulding to lead his administration

first_imgAlexandra MacLean is a native Vermonter who most recently served as Governor-elect Shumlin’s campaign manager. In this role she successfully helped Governor-elect Shumlin win both the primary and the general election to become Vermont’s next governor. Prior to the campaign, Alex served as Shumlin’s aide in the Senate President Pro Tem’s office. In addition to serving for three years in these roles, she holds a master’s degree in history from the University of Edinburgh in Scotland. Alex grew up in the North East Kingdom and continues to reside there today. Beth Robinson is a partner in the Middlebury and Burlington law firm of Langrock Sperry & Wool LLP. She was one of the leaders of Vermont Freedom to Marry, a group that successfully advocated for Vermont’s same-sex marriage law, which passed in 2009.Susan Barlett, a long serving member of the state Senate from Lamoille County, was one of Shumlin’s opponents in the Democratic primary. Despite that, she campaigned hard for Shumlin in the general election against Lieutenant Governor Brian Dubie. Bartlett is frequently praised for her no nonsense approach to budgetary matters.Shumlin said he probably would not name any more staff before Thanksgiving, but did not entirely rule it out either.Spaulding was the highest vote getter in any race of the just concluded elections, receiving more than 90 percent of the vote. He was first elected in 2002, the same year Governor Douglas first won. Once Shumlin is sworn in Spaulding will officially step down, thus allowing Shumlin to appoint a new treasurer. Speculation on who would fill that position began immediately.Biographies of Senior AppointmentsJeb Spaulding has served as Vermont’s State Treasurer since 2003 and is currently immediate past president of the National Association of State Treasures. His Office is responsible for the State’s cash, debt, and investment management. During his tenure as Treasurer, Vermont regained a triple-A bond rating for the first time since the 1970s and now has the most favorable credit rating of all New England states. Spaulding has been tapped by the Vermont Legislature on multiple occasions to develop solutions to ongoing fiscal challenges, such as escalating pension costs and funding for deteriorating roads and bridges. As State Treasurer, he serves on the boards of the Vermont Student Assistance Corporation, the Vermont Economic Development Authority, the Vermont Housing Finance Agency, the Vermont Municipal Bond Bank, and several other state-sponsored entities. Prior to being elected State Treasurer, Spaulding served eight terms in the Vermont State Senate from 1985-2000, where he served as chair of the Appropriations, Education, and Joint Fiscal Committees. Spaulding was a founder and General Manager of WNCS-FM in Montpelier and a partner in Precision Media, Inc. He has also served as the Director of the Vermont Academy of Science and Technology at Vermont Technical College, an adjunct instructor at Norwich University, and as Director of Adult and Technical Education at the Vermont Department of Education. Treasurer Spaulding earned a Bachelor of Arts and a Master’s degree in Education from the University of Vermont. Pictured: Beth Robinson, Bill Lofy, Governor-elect Shumlin, Susan Bartlett and Alexandra MacLean. Jeb Spaulding is behind Shumin. Photo: Vermont Business Magazine Bill Lofy has 16 years of experience managing political and policy initiatives at the state, national, and international levels. In addition to serving for seven years as a senior advisor to Senator Paul Wellstone of Minnesota and advisor to the Vermont legislative leadership in 2006-2007, he holds a master’s degree in public affairs from the Woodrow Wilson School at Princeton University. For the past three years, Lofy has served as Deputy Political Director for the Democratic Senatorial Campaign Committee, where his responsibilities included managing the transition for Senator Al Franken. Lofy is the author of an acclaimed biography of Wellstone and co-author of two campaign management books. A former Peace Corps Volunteer in the Cape Verde Islands in West Africa, Lofy also served as a development worker in the Democratic Republic of Congo. MacLean was Shumlin’s popular campaign manager and spokesperson and previously worked for him in his role as president pro tem of the Senate. Vermont State Treasurer Jeb Spaulding as Secretary of Administration was the most surprising name among the small group of senior appointments announced by Governor-elect Peter Shumlin this afternoon at his transition office in Montpelier. The four others named were Bill Lofy as chief of staff, Alexandra MacLean as Secretary of Civil and Military Affairs, Beth Robinson as counsel and Susan Bartlett as special adviser. See biographies below.While Spaulding was an early supporter of Shumlin’s and was often cited as a possible senior member of the governor-elect’s staff, there had been no acknowledgement by Spaulding that he was being considered. Spaulding stated at the press conference that he was content to keep his current job, but that when the governor-elect asked him to serve that that is what he felt he should do.Lofy was previously named as one of the senior members of Shumlin’s transition team. He formerly had worked for US Senator Paul Wellstone of Wisconsin. Lofy has held important positions in the national Democratic Party. Beth Robinson is a partner at the Middlebury and Burlington law firm of Langrock Sperry & Wool, LLP, where she has practiced since 1993. Her work spans a broad range of areas from groundbreaking constitutional litigation to representing claimants in workers’ compensation cases. She has been recognized in The Best Lawyers in America for her work. Beth may be best known for her role in Vermont’s freedom to marry movement. She served as co-counsel to the plaintiffs in Baker v. State, Vermont’s landmark case involving the constitutional rights of same-sex couples, helped lead the lobbying effort which led to the passage of Vermont’s civil union law in 2000, and helped lead the effort in 2009 that culminated in the Legislature’s passage of a bill extending the legal right to marry to same-sex couples. The Burlington Free Press named her Vermonter of the Year in 2009 in recognition of her efforts. Beth graduated summa cum laude from Dartmouth College in 1986 and from the University of Chicago Law School, Order of the Coif, in 1989.Susan Bartlett was a candidate for the Democratic nomination for Governor in 2010. She was a small business owner in Stowe and in 1992 was elected as the first woman and first Democrat to represent Lamoille County in the Vermont Senate. She has served on the Appropriations Committee since 1994 and has been its Chair since 2001. She holds a Bachelor’s degree from the University of Vermont and a Master’s degree in educational administration from Johnson State College.Source: Vermont Business Magazine. 11.15.2010. Jeb Spaulding photo State of Vermont. Biographies supplied by Shumlin’s office.last_img read more

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FairPoint to expand broadband coverage to East Dover

first_imgConsolidated Communications,FairPoint Communications, a leading telecommunications provider in northern New England, is working with the town of Dover to bring high-speed Internet access to more than 200 homes and businesses in East Dover for the first time. FairPoint will be in East Dover at the Town Hall on Wednesday, December 7, from 6 to 8:30 pm, to answer questions and start signing up people for high-speed access.Dover town officials turned to FairPoint to expand its VantagePoint services in East Dover where residents do not have high-speed Internet access. VantagePoint services are provided over FairPoint’s IP-based network, the largest network of its kind in northern New England. ‘We understand the critical need for high-speed broadband services for both business and residential needs,’ said Ken Black, economic development specialist with the town of Dover. ‘In an effort to expand this to a group of rural, non-serviced users, the town of Dover approved funds to engage FairPoint to build and supply this capability.’Refreshments will be served and there will be prizes and giveaways for all who join in this high-speed, high-fun event. Interested residents can also find out more about FairPoint’s products and promotions prior to December 7 by calling 877.491.6706, or by requesting a call from a customer service representative through the Contact Us form at www.FairPoint.com/contactus(link is external). The expansion project consists of three zones. FairPoint is finishing work in Zone 1, which includes approximately 120 locations along these streets: Elva’s Way; 77-133 Goose City Road; 141-169 Holland Road; 7-16 Jenne Road; Jockey Hollow; 5-87 Locust; 6-295 North Street; 21-60 Robbins Way; 1-5 Rocky Lane; 6-52 Sherman Road; 11-34 Turner Road; 2-58 Wakelee Road and 15-95 Whites Hill Road. The Dover Select Board approved $59,000 to cover Zone 2, which includes approximately 110 locations along these streets: 6-14 Beech Tree Lane; 1-109 Captain Copeland Road; 5-117 Cooper Hill Road; 178-261A Dover Hill Road; 235 Dover Road; 1-51 Harris Road; 8-100 Higley; 22-109 Holland Road; 5 Morse Road; Rice Hill; 13-14 Robbins Road; 20 Robins Road; 138-193 Taft Brook Road and 6 Timberview Road. Pending town approval, a third project is being considered for 2012 to bring high-speed service to Zone 3, covering approximately 175 locations along these streets: 1-40 Brickyard Road; 90-129 Captain Copeland Road; 15-80 Carroll; 35-160 Dover Hill Road; 23-64 Goose City Road; 52 Harris Road; 12-26 Mandy’s Road; 2-79 North Street; 20-36 O’Neil Road; 8-101 Snow Road; 4-111 Taft Brook Road; 5-11 Thomas Lane and 15-179 Yeaw Road. FairPoint, which completed Vermont’s largest broadband expansion project to date, now provides access to nearly 90 percent of its Vermont customers. ‘This is an exciting opportunity for FairPoint,’ said Mike Smith, Vermont state president. ‘When it comes to getting high-speed access to more Vermonters, FairPoint has led the way. We thank the town of Dover for their confidence in us.’ About FairPoint Communications, Inc.FairPoint Communications, Inc. (NasdaqCM: FRP) is a leading communications provider of high-speed Internet access, local and long-distance phone, television and other broadband services to customers in communities across 18 states. Through its fast, reliable network, FairPoint delivers affordable data and voice networking communications solutions to residential, business and wholesale customers. FairPoint delivers VantagePointSM services through its resilient IP-based network in northern New England. This state-of-the-art network provides Ethernet connections that support video conferencing, e-learning and other broadband based applications. Additional information about FairPoint products and services is available at www.FairPoint.com(link is external). You can also connect with FairPoint on Twitter (http://www.twitter.com/myfairpoint(link is external)) and Facebook (http://www.facebook.com/myfairpoint(link is external)).SOUTH BURLINGTON, Vt. (Nov. 29, 2011) ‘ FairPoint Communications ###last_img read more

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Colorado Coal Industry Sees Sharpest Drop in 23 Years

first_imgColorado Coal Industry Sees Sharpest Drop in 23 Years FacebookTwitterLinkedInEmailPrint分享Christopher Coats for SNL:Facing national and state pressure, coal mines in Colorado reported the lowest production in 23 years in 2015, with 18.7 million tons for the period. The state’s output marked an 18.5% drop from 2014 and a sharp drop from the almost 40 million tons it produced in 2004.According to data provided by the Colorado Division of Reclamation, Mining and Safety, significant drops in production over 2014 were seen at a number of local mines, including Bowie Resource Partners LP’s Bowie No. 2 mine, where production fell from 2.4 million tons in 2014 to 1.6 million tons in the last year.Peabody Energy Corp.’s Foidel Creek mine fell even further, dropping about 2.5 million tons from 2014 to end the year with 4.1 million tons. The mine, also known as the Twentymile mine, once stood as the most productive mine in the basin, but it has seen output steadily decline in recent years.Arch Coal Inc.’s West Elk mine also saw a year-over-year drop of about a million tons, ending 2015 with 5.2 million tons in production.The state’s continued slide came despite no mine closures during the year, though a few remain idled, including Elk Creek and New Elk.Full article ($): Coal production in Colorado tumbles to 23-year low in 2015last_img read more

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Op-Ed: How Is Trump Failing to Put America First? Let Us Count the Ways

first_imgOp-Ed: How Is Trump Failing to Put America First? Let Us Count the Ways FacebookTwitterLinkedInEmailPrint分享San Diego Union Tribune:Now that President Donald Trump has enfeebled the Environmental Protection Agency, reversed climate regulations opposed by fossil fuel interests and announced U.S. withdrawal from the Paris Climate Accord, it is right to examine whether his agenda on climate change really puts “America first,” which he so often proclaims is his overriding goal. In four critical areas, it does not.Our public health: The Trump agenda apparently disregards that the burning of fossil fuels spews volumes of gases and particulates into the air that are toxic to human health. Numerous studies show that the most severe effects include acute and chronic bronchitis, asthma attacks, lead and heavy metals poisoning, cancer, cardiovascular diseases, heart attacks and premature death, with those most vulnerable to these ills being the elderly and our children.Moreover, pollution from the burning of fossil fuels costs billions of dollars in health care costs that are “hidden” in that they are not reflected in the market price for these fuels. These “hidden” costs include lost work days, increased emergency room visits and hospitalizations, increased insurance premiums and the overall growth in our national health care costs. In a 2009 report requested by Congress, the National Academy of Sciences estimated that in 2005 alone these costs were more than $120 billion.Our economy: Although President Trump proclaims he will bring back jobs by cutting environmental regulations, the evidence shows that new clean-energy technologies and the industries formed around them create far more jobs than are lost in the transition from burning fossil fuels.According to a 2015 report by the Environmental Defense Fund, based upon Department of Energy data, clean energy jobs already outnumbered those in fossil fuel by more than 2.5 to 1 and were growing at a rate 12 times faster than the rest of the U.S. economy. In a 2017 report, the Department of Energy predicts that energy-efficient employment will grow at the rate of 9 percent in the next 12 months, faster than any other energy sector.Our national security: Trump’s agenda also ignores a stark warning from the Department of Defense contained in a 2015 report requested by Congress, “National Security Implications of Climate-Related Risks and a Changing Climate.”The report goes straight to the heart of the matter: “DoD recognizes the reality of climate change and the significant risk it poses to U.S. interests globally. The National Security Strategy, issued in February 2015, is clear that climate change is an urgent and growing threat to our national security, contributing to increased natural disasters, refugee flows, and conflicts over basic resources such as food and water. These impacts are already occurring, and the scope, scale, and intensity of these impacts are projected to increase over time.”Our global leadership: President Trump has announced that the U.S., the world’s largest polluter after China, will withdraw from the 2015 Paris climate accord, an international agreement, signed by the United States with 196 other countries, which commits the world community to a concerted effort in combating climate change. Our withdrawal would leave the U.S. isolated as one of a tiny handful of nations in the world that is not a member the pact.China, however, has signed the agreement and sees climate action as a way to fill the leadership vacuum left by the U.S., announcing plans to invest more than $360 billion in renewable energy by the end of this decade. Moreover, according to the Institute for Energy Economics and Financial Analysis, China is accelerating its foreign investments in renewable technologies and related equipment, a growing international market in which China may soon become the dominant player.Our announced withdrawal from the Paris agreement amounts to abdication of leadership in the global effort to combat climate change, at our cost and to China’s benefit.Let it therefore be said that President Trump’s agenda on climate change not only fails to put “America first” by ignoring the hard facts, it also puts in jeopardy our critical interests as a nation both at home and in the global arena.How Trump is failing to put America firstlast_img read more

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Australian solar facility gets Tesla battery retrofit

first_img FacebookTwitterLinkedInEmailPrint分享Clean Technica:A 25 MW/50 MWh Tesla grid-scale battery was commissioned this week at the 60 MW Gannawarra solar power plant north of Melbourne in the Australian state of Victoria.This makes the Gannawarra facility the largest in the country to be retrofitted with a storage battery. Last month, installation of a 30 MW/30 MWh battery at the Ballarat power station in Victoria was completed. That battery is expected to begin operations before next summer.The battery is owned by Australia’s renewables developer Edify Energy and Germany’s Wirsol and operated by EnergyAustralia under a long-term power purchase agreement, according to PV Magazine. Both batteries were paid for by a $50 million grant from the Australian Renewable Energy Agency and the government of Victoria, with each contributing $25 million.Although it was completed ahead of schedule, Edify Energy and Wirsol say that they had to overcome some unique regulatory and technical challenges to deliver the first battery storage system retrofitted to an existing solar farm. While the Australian government dithers and diddles about moving away from coal and toward renewables, the Australian states are filling the policy void and creating new commercial models for renewable energy and storage facilities in Australia.Asking people to change their behavior for a good social purpose seldom gets very far. Asking people to change their behavior to save money works a whole lot better. That’s what’s happening in Victoria today as well as in South Australia, Queensland, New South Wales, the Northern Territories, and Western Australia. The toothless, muddle-headed national government has made itself irrelevant to energy policy in Australia, proving once again that money is more important than ideology every time.More: 50 MWh Tesla battery commissioned at Australian solar power plant Australian solar facility gets Tesla battery retrofitlast_img read more

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GE to test massive (12MW) offshore turbine in Rotterdam

first_imgGE to test massive (12MW) offshore turbine in Rotterdam FacebookTwitterLinkedInEmailPrint分享CNBC:GE Renewable Energy has signed an agreement with Future Wind to install the first Haliade-X 12 MW wind turbine prototype in Maasvlakte-Rotterdam, the Netherlands, this summer.While it has been designed for offshore environments, GE Renewable Energy said Wednesday that the prototype would be installed onshore in order to “facilitate access for testing.” The deal also includes five years of testing as well as a 15-year full service operation and maintenance agreement.Details of the Haliade-X 12 MW turbine were announced in 2018. The scale of the turbine is considerable. It will stand 260 meters tall and have a capacity of 12 megawatts (MW) as well as 107-meter-long blades. At the time, GE Renewable Energy said it would be the world’s largest and most powerful offshore turbine.“As we rapidly progress on assembling the Haliade-X prototype, this announcement is a critical step forward for GE and our customers,” John Lavelle, VP and CEO of Offshore Wind at GE Renewable Energy, said Wednesday. “The port of Rotterdam has been a real partner and provides all the necessary conditions to test the Haliade-X in the most drastic weather conditions.”GE is investing $400 million in the development of the Haliade-X turbine. Future Wind is a joint venture between SIF Holding Netherlands and Pondera Development.More: GE to install and test a ‘prototype’ of vast 12-megawatt turbine in the Netherlandslast_img read more

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Minimus vs. Maximus

first_imgMinimus vs. Maximus It seems as if a line in the sand of the running world has been drawn: minimalists who want a barefoot feel from their running shoes, and traditionalists who still crave more cushion for the pushin’. We take a look at two new minimal running shoes and two new hyper-cushioned shoes.Minimal1. New Balance – Minimus Trail It’s more of a transitional barefoot shoe than the Vibram Five Fingers. The Minimus looks like a trail racer and has a 4mm drop from the heel to toe, as opposed to the coveted “zero drop” of most other barefoot shoes. But the Minimus Trail has no insert and a minimal midsole and outsole for a supremely flexible package. 7 ounces. $100; newbalance.com 2. Inov-8 – Bare-Grip 200 Long before Born to Run became a bestseller, Inov-8 was focused on simple, lightweight trail shoes. Their latest innovation, the Bare Grip 200, highlights the qualities that Inov-8 has always done best: low-profile simplicity and super-grippy traction. The Bare Grips have zero drop from heel to toe, and the knobby cleats grip the ground better than any trail shoe on the market. 7 ounces. $110; Inov-8.comCushioned3. Montrail – Fairhaven This hyper-cushioned shoe has Montrail’s new FluidPost midsole that adjusts to the amount of pronation “on demand.” When you’re running on flat surfaces like roads, your foot strikes the softer center of the midsole. As you move to uneven trails, your foot occasionally strikes the edges of the midsole, where the foam is denser and offers more support. 11 ounces. $110; montrail.com 1 2last_img read more

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