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South Asian countries face economic losses due to climate change – A.D.B. report

South Asian countries face economic losses due to climate change – A.D.B. report

Various countries in the South Asian region are looking at significant losses du...

World Bank aids Laos’ hydropower with $40 million in financing

World Bank aids Laos’ hydropower with $40 million in financing

The World Bank Group has inked two agreements for around $40 million in financin...

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Wind turbine manufacturer Vestas and private energy asset developer EP Global En...

World Bank commits $5 billion for African renewable energy projects

World Bank commits $5 billion for African renewable energy projects

The World Bank Group has committed US$5 billion towards supporting energy projec...

Seven creative ways to teach your kids about eco-living

Seven creative ways to teach your kids about eco-living

According to Bureau of Labor Statistics, 3.1 million jobs in the United States w...

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

The Asian Development Bank will provide Indonesia a loan of up to $50 million to...

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola has completed two wind farms and a photovoltaic power plant in South A...

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Living Green

Green vacation: Go on an eco-friendly safari

Green vacation: Go on an eco-friendly safari

Friday, 12 September 2014

The primary goal of modern-day eco-friendly African safaris is to lessen the overall impact on the environment. One of the greatest impacts on the env...

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Renewables

Low-Carbon

Aleees, Sony to build electric buses in Taiwan

Aleees, Sony to build electric buses in Taiwan

Saturday, 06 September 2014

Taiwanese electronic bus manufacturer Aleees will be teaming up with Sony to develop a new electric bus. Beginning this September, Aleees and Sony agr...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Losses reported in the second quarter for Transtech Industries


Transtech Industries generates electricity using methane gas and manages methane gas recovery operations. Image by Transtech Industries, Inc.

Transtech Industries, Inc. recently reported revenue losses in the second quarter as the company suffers from expenses incurred in the waste recovery and waste management industries.

A company that generates electricity using methane gas and manages methane gas recovery operations, Transtech reported a net loss of US $99,000 or $0.03 per share for the second quarter, compared to a net loss of $330,000, or $0.11 per share for 2008’s second quarter.

Electricity generation revenues went down by $119,000 from last year’s second quarter results due to the decline in the price received per generated kilowatt.

The company’s losses are also due, in part, from last month’s rejection of appeal courts regarding a suit for obtaining $16 million for the remediation of the SCP Superfund Site.



- Sunshine T. Santiago



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