Wednesday, 1 October 2014
Last updated 1 hour ago
Nov 29 2009 | 8:28pm ET
The U.S. Department of Energy (DOE) will provide South Carolina’s Clemson University with up to $45 million for a wind energy test facility for utility-scale wind turbines.
Announcing the funding – which will be awarded under the American Recovery and Reinvestment Act – Energy Secretary Steven Chu said the U.S. was “at the beginning of a new Industrial Revolution when it comes to clean energy and projects like these will help us get there faster.”
The Large Wind Turbine Drivetrain Testing facility will allow testing of large-scale turbine drivetrain systems. Wind turbines have been gradually increasing in size, and are now too big for existing testing facilities in the United States.
The new facility will be located at the Charleston Naval Complex, a former Navy base in North Charleston, S.C. and will be a part of the Clemson University Restoration Institute campus. The test facility will operate as a non-profit organization with a business model designed for sustainability while providing ongoing state-of-the-art testing to wind turbine manufacturers.
The facility will feature power analysis equipment capable of performing highly accelerated life testing of land-based and offshore wind turbine drive systems rated at 5-15 megawatts (MW).
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...