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American Solar Energy Society Hits 50-State National Solar Tour Milestone; Record 695 Tours Showcased Across U.S. Oct. 2




Virginia Tech’s Home of the Future, the lumenHAUS, is a 100% solar-powered, smart grid-ready home of the future. It manifests a concept known as responsive architecture, which employs technology to drive the home’s response to factors like sun, weather, temperature – and, of course, its inhabitants.


Boulder, CO (Vocus) October 1, 2010

For the first time, all 50 American states have aligned to participate in the American Solar Energy Society’s National Solar Tour, the world’s largest grassroots solar event.

On October 2, students, home owners, businesses and public agencies can fuel the momentum of this historic event – and get charged up about how they, too, can realize the benefits of today’s clean, renewable solar energy solutions – by identifying and visiting their choice among a mind-boggling 695 tours showcasing thousands of innovative, solar-powered homes and businesses open for tours across the U.S. That’s nearly triple the number of tours conducted in 2009. Last year’s tour attracted 150,000 people across 49 states and Puerto Rico.

“From Dillingham, Alaska to Ft. Lauderdale, Florida, there is one thing on which Americans can agree: today’s solar technology offers something for everyone, be it tax credits, cash rebates, lower energy bills, jobs for local installers, improved property values, cleaner air or more sustainable communities,” said American Solar Energy Society National Solar Tour Manager Richard Burns.

Presented by the non-profit American Solar Energy Society (ASES) with support from Sun Crystals and the solar experts at Conergy, Sanyo and Trina Solar, the National Solar Tour features open house tours to introduce the solar technologies citizens are using to 1) slash monthly energy bills, 2) reduce harmful carbon emissions, 3) assert their energy independence and 4) enjoy rich tax credits and cash incentives as they improve their property values.

Burns says this is the first time in the 15 year history of the tour that solar-inspired individuals from every state have organized tours.

“For years, Americans at the federal, state and grassroots levels have watched the rest of the world embrace, refine and benefit from a technology Americans invented over half a century ago,” said Burns.

“With all 50 states galvanized to evangelize the superior aspects of solar over polluting fossil fuels – which often leave Americans with hefty future tax liabilities in the way of increased health care costs and environmental clean-up – Americans are poised to start benefiting from the many rewards solar presents. It’s time for us to have our place in the sun – and to see our families, workforce, businesses and neighborhoods prosper from its many properties. There’s plenty for everyone!”

Word of the tour’s inherent value in educating the public on energy issues has transcended international borders. This year, Mexico and the U.S. Virgin Islands are hosting their first solar tours and Puerto Rico is back for its fourth island-wide tour.

Today’s solar technologies are mesmerizing in their diversity and ingenuity and helping property owners cut energy costs across the board. As the American Solar Energy Society makes history with its first ever 50-state solar tour, Solar Decathlon Europe winner Virginia Tech has offered to provide National Solar Tour participants with a look at what the future holds by introducing its smart grid-ready home of the future, the lumenHAUS, into the 2010 solar tour line-up.

The lumenHAUS manifests a concept known as responsive architecture, which employs state-of-the-art technology to automatically drive the home’s response to internal and external factors like sun, weather, temperature – and, of course, its inhabitants. Its two-fold objectives are to optimize energy efficiency and user comfort while affording the individual as much control over the quality of his living environment as he desires. It automatically responds to its environment using a weather station, which constantly monitors climatic conditions and adjusts walls, shades, window tints, lighting and solar panel orientation to optimize energy use and keep the home efficient throughout the day.

LumenHAUS gets 100% of its electricity from National Solar Tour sponsor Sanyo’s HIT® Power solar modules, known for their high energy conversion efficiency ratings and superior performance under cloudy conditions and extreme heat. Sanyo’s HIT Double® glass-on-glass modules generate up to 30% more energy because their opaque qualities allow them to collect light from both panel sides.

Burns says as technologies have evolved, so have the diversity and sophistication of tour solutions. But it is the practical, grassroots approach of the people behind the tours that have made this event such a hit across America. The self-guided and bus-hosted tours are organized by grassroots organizations and solar installers throughout the country. Many tours are free; some tour hosts are non-profits and may request a donation.

The line-up of solar solutions joining lumenHAUS in this year’s National Solar Tour is impressive – and with 695 tours scheduled across 50 states, too numerous to list.

Highlights include the grid and off-grid systems of Alaskans going solar rogue, Coloradans introducing the tour’s first community solar garden, Californians who are using solar PV to fuel EV (electric vehicles), getting PHAT in image-conscious Los Angeles, solar facelifts in Atlanta, Georgia, Mississippians whose solar solutions feed energy-hungry poultry farms, and the winners of the Hunt-Winston solar race car challenge. In Boston, find a couple who’s beat Wall Street with their green home investments. Representing the Show Me state, Missouri, is a 2-tour Iraqi war veteran now fighting in the renewable revolution. Further east is a tour organizer who’s keeping the spirit of solar alive and well with creative, cost-cutting solar solutions at his funeral home in Verona, New Jersey.

Tour organizers are quick to emphasize that energy efficiency is an integral part of most tours. “Studies show that for every property owners invest in energy efficiency, they save to on the final cost of a solar energy solution,” observed the Texas Solar Energy Society’s Lucy Stolzenburg. “We have a common-sense saying here in Texas that energy you don’t use is energy you don’t have to pay for.”

Four-year National Solar Tour sponsor Jyl Safier, Marketing Director for the global solar energy experts at Conergy, finds distributors and customers are putting an increased emphasis on the economics of solar: “With enticing federal tax credits, billions of dollars in grants and loans, state-funded cash rebates and a groundswell of consumer support for sustainable solutions that promote energy independence, the economics of solar are compelling,” she said. “And solar provides a great hedge against rising energy costs.”

“I’ve said this before,” Safier continued, “solar energy today is not just good for the environment, it’s a job-creating, business-building, revenue-generating revolution whose time has come.”

Become a part of solar history. Find the logistics associated with a tour near you at www.nationalsolartour.org.

ABOUT THE AMERICAN SOLAR ENERGY SOCIETY: Established in 1954, the nonprofit American Solar Energy Society (ASES) is the nation’s first association of solar professionals and grassroots advocates. Supported by more than 12,000 members, ASES advances research, education, and policy. ASES publishes the award-winning SOLAR TODAY magazine, presents the National Solar Conference, rallies citizens to build a Solar Nation, and leads the National Solar Tour – the world’s largest grassroots solar event. www.ases.org.

Contact:

Terri Steele for

The American Solar Energy Society (ASES) National Solar Tour

SolarSavvy(at)cox(dot)net, (858) 220-3317

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Hypo Real Estate Transfers $239 Billion of Loans, Securities to Bad Bank

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Hypo Real Estate Group completed the transfer of loans and securities worth around 173 billion euros ($ 239 billion) to the lender’s so-called bad bank, FMS Wertmanagement.
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Bank of Choice, Greeley’s largest locally owned bank, laid off 12 employees, including six in the Greeley-Evans area, in the past few days, according to CEO Darrell McAllister.
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Top Five Reasons to Lend on YES-secure.com


London, UK (PRWeb UK) September 28, 2010

YES-secure.com is a social networking lending and borrowing platform which offers UK savers and investors a new way to beat inflation and earn better returns than by investing their savings in traditional investment vehicles. Along with the fact that it’s a simple, quick and user-friendly platform, here are some pertinent reasons why YES-secure.com is turning out to be a lucrative investment destination.

A new asset class: YES-secure is a hot investment proposition as it offers potentially far higher returns than the traditional investment vehicles such as banks with minuscule interest or the stock market. This investment opportunity enables investors to receive returns around 13.6% to 23.8% (average offered interest rates) on loan requests from borrowers between A* to D credit grades respectively. YES-secure.com estimates that the Average Annualised Net Loss Rates for A* to D YES-secure markets are expected to be 2% to 6%. Hence taking into account this Average Annualised Net Loss Rate, a lender who lends to a diversified portfolio of A* to D borrowers, could expect to have NET returns before tax of between 10% to 17%, hence resulting in accomplished returns which are certainly better than those offered by banks.

Wide range of markets (A*- E): Manipulating your investment across various YES-secure markets can get you high, assured and steady returns. YES-secure.com uses an established credit referencing agency, CallCredit, to grade borrowers from A* to E. The wide range of YES-secure markets ranging from A* to E enables lenders a greater opportunity to diversify their portfolio. Lenders can risk assess borrowers, enabling them to increase their return. The D and E markets which can yield higher returns are obviously riskier; however, the amount of risk embedded in a diversified portfolio of YES-secure loans is hardly excessive considering the returns.

Risk diversification: Capping each bid to a fraction of the loan amount and spreading the loan amount across borrowers with different grades diversifies the risk quotient considerably. Each loan offer bid is limited to a maximum of 2% of the loan listing amount to a borrower who is not part of the lender’s YES-secure community connections. However, if lenders are lending to one of their community connections, each loan offer bid can be enhanced to a maximum of 10%. New lenders can get started with YES-secure with as little as £10.

Safe investment zone: As a responsible social lending platform, YES-secure ensure that the people who form part of its lending and borrowing community are not complete strangers but identity-checked and credit-verified individuals. In fact, YES-secure makes Debit card verification an imperative first step before completing the registration process. Along with this, stringent underwriting procedures and assigning markets in keeping with the borrowers’ creditworthiness make YES-secure a safe investment destination.

Social networking based lending: YES-secure offers a secure means of social network based lending and borrowing implying lower default rates and higher returns for lenders. YES-secure is a community-driven social lending platform that utilises the community strength of an individual to make their financial transactions more secure, accessible and rewarding for both lenders and borrowers. Members have access to various website features to connect with other YES-secure members as well as invite their family and friends to join YES-secure, thereby enhancing their Reliability Score. They are also encouraged to interact responsibly and meaningfully by providing authentic information in answer to the various queries raised by the lenders and through the Discussion Forum. Lenders can avail this pertinent information to supplement the substantial financial data in a loan listing to form their opinion about potential borrowers. Therefore YES-secure.com is a financial site with a very human and social touch.

More information regarding YES-secure can be found at www.yes-secure.com.

For more information, please contact

Ms. Mala Chauhan

mala(dot)chauhan(at)yes-secure(dot)com

marketing(at)yes-secure(dot)com

0871 221 9410 extension 5440

YES-secure.com Limited

Checknet House

153 East Barnet Road

Barnet

EN4 8QZ

UK

www.yes-secure.com


Please note: Calls to 0871 numbers cost 10 pence per minute from a BT landline. Call charges from other networks may vary.

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More Bank Loans Press Releases

BBVA Enhances Connectivity to Mexican Markets with SunGard’s Global Network, Market Access and Trading Solutions


(Vocus) September 23, 2010

Grupo Financiero BBVA Bancomer (BBVA Bancomer), a leading Mexican financial firm and part of the Banco Bilbao Vizcaya Argentaria (BBVA) group, has gone live with a suite of SunGard solutions including SunGard’s GL Win trading workstations, GL Stream Order Management System (OMS) and market access gateways to access both Mexican equities and derivatives marketplaces. BBVA Bancomer is the first SunGard customer in Mexico to trade on the Mexican Stock Exchange (Bolsa Mexicana de Valores, BMV) and Mexican Derivatives Exchange (MexDer) markets from the same workstation. BBVA can now offer this capability to all its clients through its connection to the SunGard Global Network (SGN).

The BBVA Group, one of the largest banking organizations in the world, already connects to markets in Europe and Asia using SGN, a low-latency information and order routing network that links more than2,000 buy-side firms and 500 brokers on 110 markets. SGN can support BBVA to extend its global strategy by providing the group’s clients with access to new investment opportunities in Mexico.

In addition, SunGard’s gateways give BBVA Bancomer access to the new trading engines used by the two exchanges – BMV’s new RINO™ and MexDer’s new MEXFIX™ engines respectively. Finally, SunGard’s GL Stream OMS and multi-asset GL Win workstations help the bank handle multiple client order flows and create new, complex trading strategies.

José Acebes, global equities executive director for wholesale banking and asset management at BBVA, said, “SunGard’s solutions helped us to manage order flow from other BBVA offices more efficiently, while offering advanced trading services on the Mexican cash and derivatives exchanges. Our membership in the SGN community is supporting our local connectivity across the world, and is aiding our growing business in Mexico.”

Yassine Brahim, president of SunGard’s global trading business, said, “Mexican markets are among the most sophisticated in Latin America. Thanks to recent regulatory and technological changes, these markets are due to attract new investors and high-frequency trading firms. SunGard’s strategy to open local offices and launch new SGN hubs in the region, while developing access to new markets such as Chile, Colombia and Peru, helps support customers such as BBVA in their global strategies.”

About BBVA Bancomer

Grupo Financiero BBVA Bancomer (BBVA Bancomer, or the Group) is a financial institution with a strong presence in Mexico in the businesses of multiple-service banking, pension funds, mutual funds, insurance and cash transfers. It conducts its core activities through BBVA Bancomer (Bancomer or the Bank), Mexico’s largest bank in terms of assets, deposits, loan portfolio and number of branches. Its business model is based on a segmented distribution by type of client, with a philosophy of risk control and a goal of long-term growth and profitability.

The Group is a parent company affiliate of Banco Bilbao Vizcaya Argentaria (BBVA or BBVA Group), one of Europe’s leading financial groups.

About BBVA

BBVA is a global group that offers individual and corporate customers the most complete range of financial and non-financial products and services. It enjoys a solid leadership position in the Spanish market, where it first began its activities over 150 years ago. It also has a leading franchise in South America, is one of the 15 largest U.S. commercial banks, and one of the few large international groups operating in China. BBVA employs 112,000 people in over 30 countries around the world, and has more than 47 million customers and 890,000 shareholders.

About SunGard’s GL Stream

The GL Stream suite provides a comprehensive response to the challenges of global electronic trading. GL Stream ASP for Market Access is a fully managed and cost-effective solution for exchange connectivity, based on hosted and mutualized market gateways. GL Stream for Liquidity Management is a suite of capabilities for trading of instruments across multiple competing venues: exchanges, ECNs, MTFs, dark pools and in-house matching engines.

About the SunGard Global Network

A trade automation and connectivity solution, the SunGard Global Network links institutions throughout the financial services value chain, offering services for equities, fixed income, listed derivatives, mutual funds, money market funds and other cash equivalents. The SunGard Global Network helps automate the entire trade lifecycle from order execution through to post-trade processing. It provides access to 110 markets worldwide and connects the buy-side, third party networks, broker/dealers and investment companies, including more than 2,000 asset managers and 500 broker connections. Its international connectivity hubs also support low-latency market data delivery from global markets.

About SunGard

SunGard is one of the world’s leading software and technology services companies. It has more than 20,000 employees and serves 25,000 customers in 70 countries, providing software and processing solutions for financial services, higher education and the public sector. SunGard also delivers disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, please visit www.sungard.com.

Trademark Information: SunGard, the SunGard logo, GL Win, GL Stream and the SunGard Global Network are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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