June 20, 1992 |
A California company says it's serious about selling windmills to the Dutch. U.S. Windpower Inc., a subsidiary of San Francisco-based Kenetech Corp., said it has signed a deal to provide about 80 high-tech windmills worth $25 million to $30 million to a utility in the Netherlands. The windmills will have a combined capacity of 25 megawatts, enough to power 20,000 average households, said Glenn Ikemoto, U.S. Windpower's vice president of development.
December 24, 1998 |
Edison International Inc. said its power plant unit agreed to buy a 50% stake in a Puerto Rico plant project from Kenetech Corp. for $245 million. The Edison Mission unit plans to enter a partnership with a unit of Enron Corp. to build a 540-megawatt plant fueled with liquid made from natural gas. The partnership also would build a storage terminal for the fuel and a desalinization plant to service the power plant.
April 22, 1994 |
It's fairly clear how heavy industry will take advantage of the post- monopoly market for electricity that the Public Utilities Commission said this week it plans to establish in California. But it is far from certain how small businesses and residential customers will shop for electricity in 1999 and 2002, respectively, when they join the system. "No matter how smart we are, we don't know how the market will develop," PUC Commissioner P. Gregory Conlon said Thursday.
April 26, 1994 |
A raging bull market and an economic recovery made 1993 a record year for initial public stock offerings, and dozens of California companies rejoiced as their share prices soared following their Wall Street debut. Companies from a broad range of industries shared in the prosperity, though technology firms led the pack, as in previous years.
November 6, 1995 |
Since time immemorial, spring winds have blown yellow dust from China's vast central deserts to the western shores of Japan. Now, as China's industrialization gains momentum, those same winds blow clouds of sulfur, nitrogen and carbon dioxide across the sea. Experts estimate that 50% of Japan's acid rain is caused by Chinese industrial pollution. Hiroyuki Fujimura's dream is to make money fighting that 1,000-mile stretch of toxic clouds.