Back up to Solar and windmills not a problem anymore & Good for NORONT.
posted on
Nov 17, 2011 05:00PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
What happens on days with NO wind.
What happens on days with NO sun
(1) Aren't we lucky with the very experienced JP Morgan on our team. Seems like they know this "green world" very well.
J.P. Morgan's Energy Investments group is focused on putting capital to work in U.S.-based renewable energy projects, including wind, solar, biomass and geothermal. With a focus on utilizing the tax benefits provided by Congress to support renewable energy, the group provides long-term financing for clients through lease and structured partnership transactions. The group's renewable energy portfolio has grown to more than 6,600MW from 2003 through 2010. Its holdings include 67 wind farms and two solar projects in 19 states, owned jointly with 15 different energy firms. As lead investor, J.P. Morgan has funded $3.2 billion of projects from its own capital and raised an additional $3.5 billion from other institutional co-investors. Although the firm's activities to date have focused on the wind space, due to its size and maturity, J.P. Morgan recently invested in its first photovoltaic solar project and is in the process of completing its first geothermal transaction. The group plans to further diversify its portfolio during the coming years.
Energy Investments & Banking
(2) NO wind No windmill......., No sun- No solar. NOT A PROBLEM ANYMORE.
The exciting solution is below and it exists and provides the "missing Link"
Before you read the stuff below and watch the link keep a few things in mind here.
Vanadium-NORONT-JP MORGAN.
(A)The Noront thunderbird Anomoly has vanadium. Do not forget this.
Toronto, Ontario, April 30, 2009 Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) is pleased to announce the discovery of a new mineralized zone containing significant concentrations of vanadium, titanium, and iron on its wholly owned Double Eagle Project in the James Bay Lowlands of northern Ontario. The new occurrence called the “Thunderbird Anomaly” constitutes a new type of mineralization in the Ring of Fire
(B) Also keep this tidbit in mind. Think JP Morgan and their connections. When you read the below exciting info and do some reseach on Ashlawn. You will see who their partners are. It's right on their website. First Energy is one. Do a google search on First Energy, JP Morgan.
You will realize the "relationship" between them. JP Morgan has the relationship with Ashlawn through their partners. I can see the Noront mine supplying Vanadium for this purpose. A full complete backup system for the wind and solar. More maximization of share holder value for you.
In comes Vanadium redox flow though batteries. There is some reading below of this very exciting technology. When you go into Ashlawn Energy's website. Check out who their partners are. You will see a name called First Energy.
VanCharg™ safely holds up to megawatts of electricity for hours or days and has been called the 'missing link' in the integration of wind and solar into the electrical grid.
The links below are worth reading and understanding. Imagine a one megawatt battery. Seeing new uses like this for Vanadium is very exciting.
President Barack Obama referred to Ashlawn Energy's VanCharg™ vanadium redox flow battery as "One of the coolest things he has ever said out loud" at Cleveland State University on February 22nd, 2011. Ashlawn Energy's VanCharg™ flow battery is being developed and produced in Northeast Ohio for the City of Painesville's Energy Storage Demonstration Project under a matching Department of Energy Smart Grid Award. The VanCharg™ battery represents transformational technology that seeks to modernize the electric grid and potentially create hundreds of high-tech jobs in Northeast Ohio.
President Barack Obama: "Ashlawn Energy … provides multi-megawatt energy storage solutions using vanadium redox fuel cells. That's one of the coolest things I've ever said out loud … With help of an award from the Department of Energy's Smart Grid Program, Ashlawn Energy is poised to manufacture a next-generation energy storage system in Painesville that will improve efficiency. It will help families and businesses cut down on energy waste, save money and reduce dangerous carbon pollution. And they're also retraining local workers with the skills necessary to manufacture new components..
Video link of Obama is below
target="_blank">http://www.metacafe.com/watch/6214948/vanadium_redox_battery_us_governments_optimistic/
A one megawatt battery is unbelievable. No wonder Obama is excited.
target="_blank">http://www.prweb.com/releases/2010/11/prweb4785094.htm
target="_blank">http://ashlawnenergy.com/