The Bloom Box fuel cell system is a much better, or at least more reliable, alternative to solar power as a green energy source.a Bloom Box for the residential market could be out in 5 to 10 years for under $3,000. That’s a big improvement from the $800,000 box of today, but only time will tell if Sridhar is being overly optimistic. And in the coming years, big name competitors will probably catch up to Bloom with cost efficient boxes of their own.

Bloom Box reportedly proved twice as efficient as traditional power sources and produced 60% fewer emissions.According to the Guardian, Sridhar’s work draws on his research on generating oxygen for Nasa’s missions to Mars. Oxygen is drawn into one side of the cell, while a fuel, such as a natural gas or bio-fuel, is drawn into the other side. The two combine within the cell and produce a chemical reaction that creates energy without any burning or combustion.

They have just been too expensive to be viable until now, and Bloom still has to prove that its box can produce energy at a cheaper rate than other power sources. The box also produces carbon dioxide as a byproduct a potential downside depending on how much it generates.

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Yingli Green reports 2Q profit

ZAR Yingli Green reports 2Q profit  63c77dc5962176 Yingli Green reports 2Q profit
0c01e43638bcf9 Yingli Green reports 2Q profit  RON Yingli Green reports 2Q profit

By The Associated Press

Thursday, August 19, 2010 at 4:49 p.m.

SAN FRANCISCO ?
China-based solar cell maker Yingli Green Energy Holding Co. said Thursday that it earned a profit in the second quarter as revenue from sales of its photovoltaic modules jumped.

Yingli earned 217.8 million renminbi ($32.1 million), or 1.46 renminbi (21 cents) per American depositary share in the quarter. That compares with a loss of 393.7 million renminbi, or 3.03 renminbi per ADS, in the same quarter a year earlier.

Analysts expected a profit of 19 cents per share.

Revenue rose to 2.70 billion renminbi ($398.1 million) from 1.50 billion renminbi in the year-ago quarter. Analysts had been looking for $371.1 million.

Yingli saw a large increase in sales of photovoltaic modules — revenue rose to 2.66 renminbi ($391.6 million) from 1.46 billion renminbi in the previous year.

Research and development expenses fell to 38.8 million renminbi ($5.7 million) from 46.1 million renminbi last year but total operating expenses climbed, rising to 339.7 million renminbi ($50.1 million) from 189.5 million renminbi last year. The company said this was due mostly to higher selling expenses that stemmed from its sponsorship of the 2010 FIFA World Cup and higher research and development expenses.

Yingli’s ADS fell 10 cents to $10.87 in after-hours trading, after finishing regular trading down 48 cents, or 4.3 percent, at $10.77.

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