Global agricultural and construction machinery giant John Deere announced recently that its third-quarter (3Q) fiscal-year 2014 net income fell to $850.7 million, versus $996.5 million in 3Q FY 2013.
Germany-based SMA Solar Technology announced August 14 what it calls the “world’s largest” combination of diesel, solar-photovoltaic and battery storage for electric power in the Bolivian province of Pando, due for start-up at end-2014.
Volvo Trucks announced August 14 that its 2016 model-year “VN” heavy-duty highway tractors will feature aerodynamic improvements delivering up-to 3.5% better fuel efficiency, while a new “XE-Adaptive” gearing and torque management option could add another 2.5% savings.
National Institute of Standards and Technology researchers suggest gas stations may need to replace submersible pump casings, typically made of steel or cast iron, sooner than expected.
Sales of natural gas motor fuel are surging in Texas. As of July 31, the state’s Comptroller said fiscal-2014 tax revenue from sales of compressed natural gas and liquefied natural gas motor fuel surpassed $2 million.
While low-carbon transportation fuels like biofuels, natural gas, plug-in electric vehicles (PEVs) and others are touted as viable alternatives for meeting California’s strict greenhouse-gas (GHG) reduction goals, hydrogen now appears to be front and center in the discussion.
State-owned Indian Oil Co. announced August 12 that its first-quarter (1Q) fiscal year (FY) 2015 net profit rose to Rs. 2,523 crore (US$411 million), up from a net loss of Rs. 3,093 crore (US$504 million) in 1Q FY 2014.