NXP Semiconductors N.V. (Nasdaq: NXPI) announced today the publication of its Sustainability Report for 2009. The report, "High Performance Mixed Signal: Innovations for a better tomorrow," explains how NXP products are helping to enable society as a whole to reduce energy consumption; describes the performance of NXP itself with regard to sustainability; and outlines how the company is working toward sustainable growth in the future.
Highlights of NXP's sustainability performance in 2009 include:
Cautious optimism
In 2009, and in absolute terms, about 19.9% (608 TWh) of Europe's total electricity consumption (3042 TWh) came from renewable energy sources. Hydro power contributed with the largest share (11.6%), followed by wind (4.2%), biomass (3.5%), and solar (0.4%). With regards to the new capacity constructed that same year (27.5 GW), among the renewable sources, 37.1% was wind power, 21% photovoltaics (PV), 2.1% biomass, 1.4% hydro and 0.4% concentrated solar power, whereas the rest were gas fired power stations (24%), coal fired power stations (8.7%), oil (2.1%), waste incineration (1.6%) and nuclear (1.6%) (see figure1).
The U.S. market for small wind energy systems is prospering, expanding 15% in 2009 and accounting for about half of the units sold in the entire world, the American Wind Energy Association said today, highlighting findings from its annual Small Wind Turbine market study. Small wind systems are defined as those with rated capacities of 100 kilowatts (kW) or less, and are used primarily to power individual homes, farms, and small businesses. "Americans and people around the globe want to take control of their energy future, and investing in a small wind turbine to generate your own electricity is one of the most rewarding ways to do so," said AWEA CEO Denise Bode. "Wind works for people and for our planet in many different ways. Federal and state incentives now make it much more affordable to invest in a small wind turbine, and the market expanded in 2009 thanks largely to those incentives, optimistic investors, and popular demand," said AWEA Manager of Small Wind Systems and Legislative Affairs Ron Stimmel, author of the report. "We've also seen domestic manufacturing investment grow, with nine small wind turbine production facilities opened or expanded in the U.S in 2009. The U.S. small wind turbine market is by far the world's largest, both in terms of installations and of manufacturing."
With an aggregated export of 41.7 billion kr. (exceeding 5.6 billion euro) in 2009 the Danish wind industry maintained the high export figures from record breaking 2008 despite the financial crisis. The wind industry exports account for 8.5 per cent of total Danish exports in 2009 compared to 7.2 per cent in 2008. "We have maintained the high export figures from the record breaking 2008. Today, the Danish export of wind power technology accounts for 8.5 per cent of the total Danish exports as compared to 7.2 per cent in 2008. The industry has felt the financial crisis because the markets were depressed resulting in lower employment rates," says Jan Hylleberg, CEO of The Danish Wind Industry Association and continues: "Looking ahead the industry expects employment rates to increase by 8 per cent in 2010 to a total of approximately 26.700 employees. Thereby half of the workplaces lost in 2009 will be recreated, and it is most gratifying that the companies expect to reemploy as many people." The wind industry expects the Danish nearby markets to grow from 35 GW at present to a minimum of 117 GW by 2020 equivalent to a growth by more than 10 per cent a year.
The Solar Energy Industries Association (SEIA) today released the 2009 U.S. Solar Industry Year in Review, finding 2009 to be another year of strong growth despite the economic recession. Overall U.S. solar electric capacity, including both photovoltaic and concentrating solar power installations, increased by 37 percent. This was driven primarily by strong demand in the residential and utility-scale markets, state and federal policy advances and declining technology prices. As a result, total solar industry revenue reached $4 billion, a 36 percent increase over 2008. The solar industry contributed to the overall economy by adding 17,000 new jobs from coast to coast. The solar industry today employs 46,000 U.S. workers and supports an additional 33,000 jobs in other sectors."Despite the Great Recession of 2009, the U.S. solar industry had a winning year and posted strong growth numbers," said Rhone Resch, SEIA president and CEO. "When the President looks back at how stimulus dollars were invested, he's going to see that solar was one of the best returns on investments in 2009 for the American taxpayers. In addition to strong policies at the state and federal level, solar's growth was driven by the emergence of new business models and declining prices. Consumers took notice that now is the best time to go solar."
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