Nate Payne

Nate Payne

Posts by This Writer

9 years 5 months ago

The fallout from the global economic contraction has touched nearly every industry segment. While many hoped that the renewable energy industry would remain unfazed, reduced equity activity, along with contractions in renewable equity markets, has blown threads of caution into the wind. One example that illustrates the plight of the renewable energy sector is the recent cancellation of First Wind's IPO. In what would have been one of the the first IPO's by a wind company in the United States, power developer First Wind recently announced that it is...


9 years 5 months ago

As a nation, Mexico is toiling in a state of constant change. Apart from the well publicized political and criminal problems, the country is expected to see its population increase from 108.5 million to 112.2 million over the next 4 years. Additionally, analysts expect GDP per capita to increase by 48%. While the population growth will increase strains on the country's resources, many continue to worry about Mexico's current - and future - energy needs. With the Mexican government's continued focus on economic development, electricity consumption per capita is expected...


9 years 5 months ago

Early last week, the Moroccan Agency for Solar Energy (MASEN) announced that 50 bids were submitted for new solar projects. The bids came from a host of European based companies including Italy's Enel SpA, Spain's Abengoa SA and Actividades de Construccion y Servicios SA (ACS), as well as Germany's Solar Millennium AG and Siemens AG. While discussions surrounding Morocco's energy sector have historically received marginal press, the significant investment occurring within Morocco should not come as a surprise. Currently, Morocco receives over 3,000 hours of intense...


9 years 5 months ago

Over the last few months, an electronic brain created by United States internet giant Google has autonomously driven cars nearly a quarter of a million kilometers around California. The cars, as well as the related software, are the brainchild of Sebastian Thrun, a prominent researcher who is currently the director of Stanford's Artificial Intelligence Laboratory. Thrun also works as a Google engineer, and was responsible for leading the team who designed the Stanley robot car and won a two-million-dollar Pentagon prize. While Google's new artificial intelligence tools continue to...


9 years 5 months ago

In case you missed it, Gap - the clothing retailer - recently replaced its iconic blue logo with a more contemporary emblem that set the Gap name in bold Helvetica against a white canvas. A small blue square was placed in the upper-right corner. While hopes were high, online reaction was negative. Consumer's on all social networks slammed the logo, calling the offering sloppy and unattractive. Collectively, these consumers created an outcry so intense that Gap decided to scrap the redesign altogether - just seven days after its introduction. While many internet gurus continue to cite this case as a demonstrative...


9 years 5 months ago

While many manufacturers within the technology segment continue to struggle, handset manufacturer Sony Ericsson posted slightly improved financial and operational results for the fiscal quarter ended September 30, 2010. In fact, despite shipping fewer handsets and realizing a slight reduction in overall revenue, gross and operating margins greatly improved. Moreover, Sony's continued focus on higher-end products, including Android-powered smartphones, seemed to pay off, as the smart phone segment helped Sony maintain its high average sales prices (ASPs). Based on quarterly...


9 years 5 months ago

Early last week, Google announced that it, along with new partner Good Energies, have each agreed to take a 37.5% stake in the $5 billion Atlantic Wind Connection (AWC) project. The transmission grid, which will be built off the US coast in the Atlantic Ocean, was first proposed by US based transmission line company Trans-Elect, who will also be in charge of construction. Initially, Google and Good Energies have committed US$200 million in capital investment to support development. Japanese trading house Marubeni has also taken a stake of 15% in the project. While Google...


9 years 5 months ago

Early Thursday morning, Verizon Wireless announced that it will begin selling Apple's iPad at its 2,000 retail stores nationwide on Oct. 28. This announcement, ends AT&T's exclusive grip as the sole distributor for Apple's fanatically popular tablet, and sets the stage for a broader partnership between Apple and Verizon. To provide portfolio diversity, Verizon Wireless is planning on offering three iPad bundles, each featuring an iPad Wi-Fi model and a separate Verizon mobile hotspot device. The retail prices are expected to range from $630 for a 16 GB iPad to $830 for the 64 GB model....


9 years 5 months ago

This past Monday, Twitter co-founder Evan Williams stepped down as chief executive of the San Fransisco based start-up. Following his departure, Williams handed over the operations of Twitter to Google veteran Dick Costolo, who was brought in last year to help the micro-blogging service generate revenue. In a recent post on the company blog, Williams noted that Costolo, who is currently serving as Twitter's chief operating officer, would immediately be taking over as CEO. Following the transition, Williams will switch his focus exclusively to product strategy development. Costolo, whose...


9 years 5 months ago

Despite persistent challenges in North American and European auto markets, Ford's Asia Pacific and Africa division has achieved record results in September. These results are primarily attributed to its aggressive focus on small cars; a strategy, that continues to increase unit sales and brand loyalty. Moreover, Ford continues to make sound strategic investments in its supply chain; investments, that are both increasing local production participation while also reducing manufacturing costs through enhanced economies of scale. For example, Ford's decision to...


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