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2016-12-08 23:22 | Report Abuse

http://www.nytimes.com/2016/12/06/technology/google-says-it-will-run-entirely-on-renewable-energy-in-2017.html

Google operates eight different businesses, including internet search engines, YouTube and Gmail, each of which has over 1 billion customers. They run on a global network of 13 large-scale data centers, each one a complex of many buildings containing hundreds of thousands of computers.

The 5.7 terawatt-hours of electricity Google consumed in 2015 “is equal to the output of two 500 megawatt coal plants,” said Jonathan Koomey, a lecturer in the school of earth, energy and environmental sciences at Stanford. That is enough for two 140,000-person towns. “For one company to be doing this is a very big deal. It means other companies of a similar scale will feel pressure to move.”

It moves the needle on costs to have a big consumer, Mr. Koomey added, since a larger market tends to allow for economies of scale and more innovation. “Every time you double production, you reduce the cost of solar by about 20 percent. Wind goes down 10 to 12 percent,” he said.

Facebook has entered into similar deals with wind producers. Last week, Amazon reiterated its long-term commitment to power its machines entirely with renewable energy, though for 2016 it expects to be above about 40 percent of its goal. It has announced five more solar projects.

Microsoft says it has been 100 percent carbon neutral since 2014, but much of this comes from the purchase of carbon offsets, which are investments in things like tree planting or renewables projects meant to compensate for the fossil fuels a company consumes. The company hopes to have half of its electric power supplied from wind, solar and hydroelectric sources by 2018. Its data centers currently use about 3.3 million megawatt-hours of power a year

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2016-10-06 11:23 | Report Abuse

KUALA LUMPUR: Malaysia is expected to implement net energy metering (NEM) next year, which allows self-consumption of electricity generated by solar photovoltaic system while selling the excess energy to utility companies.

“If the users are producing more than what they are consuming, they get paid by utility companies such as Tenaga Nasional Bhd and Sabah Electricity Sdn Bhd.

“This will be the first (of its kind) in the region,” Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili said.

He was speaking to reporters on the sidelines of the seventh International Greentech and Eco Products Exhibition and Conference Malaysia’s dinner in Kuala Lumpur.

The Sustainable Energy Development Authority Malaysia had said that the country would be implementing its 500 megawatts (MW) of capacity for NEM starting 2016 until 2020 with 100MW capacity limit a year in Peninsular Malaysia and Sabah.

On the 2017 Budget, Ongkili expressed hope that it would give greater focus on green developments as envisaged in the 11th Malaysia Plan.

“Hence, the allocations needed to ensure that the goals under the green technology development can be accomplished,” he said.

He also hoped that the Government would provide an allocation to improve the sewage sector and to reduce carbon dioxide emissions.

“We are aware of the economic condition and the shortfall in national revenue due to the sluggish oil and gas sector, but we believe in Prime Minister Datuk Seri Najib Tun Razak’s wisdom to ensure what is specified in the key performance indicators can be realised,” he added.- Bernama

Stock

2016-09-05 14:01 | Report Abuse

30 Aug 2016, 07:00
MEMORANDUM OF UNDERSTANDING

SILK HOLDINGS BERHAD (SHB OR THE COMPANY)HEADS OF AGREEMENT IN RELATION TO THE
PROPOSED DISPOSAL OF SHB'S ENTIRE EQUITY INTEREST IN SISTEM LINGKARAN-LEBUHRAYA
KAJANG SDN BHD TO WZ SATU BERHAD (WZSB) (PROPOSED DISPOSAL)

You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Stock

2016-07-18 12:41 | Report Abuse

CSC Steel good proxy to high dividend yield, says HLIB Research
The Edge - Mon, Jul 18, 2016

“A decisive breakout above RM1.28 will lift prices higher towards RM1.36-1.45 levels. Cut loss at RM1.16,” it said.