In the world of biofuels, 2010 is officially the year of the autotrophic organism as dozens of companies and academic laboratories race to transform algae into a source of viable green energy, according to Algae Biofuels Production Technologies Worldwide by leading industrial market research firm SBI Energy. The endgame of these research efforts — which include genetic engineering and other biological...
Complex pricing, expansive approval processes and lack of incentives to use low carbon energy sources are some of the unintended consequences of the highly regulated energy sector that inhibit “clean energy” innovations, according to a Ewing Marion Kauffman Foundation review of state and local laws presented at an energy conference at the White House today. The conference was a partnership...
Spire Corporation, an American global solar company providing capital equipment and turnkey production lines to manufacture photovoltaic (PV) modules, today announced the introduction of a 6 meter by 1.3 meter solar simulator with the first unit to be delivered to SoloPower, Inc. located in San Jose, California, for application to copper-indium-gallium-selenide (CIGS) modules. The SPI-Sun Simulator...
SunPower Corp., a manufacturer of high efficiency solar cells, solar panels and solar systems, today announced an upgrade to its SunPower® Monitoring System that allows SunPower dealer/partners to remotely monitor the performance of their customers’ high-efficiency solar power systems. The remote monitoring feature allows for rapid troubleshooting of system performance issues, helping to reduce...
Southeast Directional Drilling today announced that it has acquired the assets of Frontier Pipeline, a Minnesota-based horizontal directional drilling (“HDD”) company. Financial terms of the acquisition were not disclosed. “This acquisition represents the first of several anticipated capacity additions planned to meet the growing demands of our customers,” said Steve Ugrich, CEO of Southeast...
Dejour Enterprises Ltd. releases the results of a 24 hour production test of the new oil discovery at its 75% owned Woodrush project in the Peace River Arch, NE British Columbia that was announced last week. Production casing was set on Well A-1-I/94-H-02 after it encountered a Halfway oil pool and other productive horizons (See Dejour news release of March 17, 2010). This well was drilled to a newly...
Cetrel, the largest provider of environmental solutions for the manufacturing industry in Latin America, and Novozymes, the world’s leading producer of industrial enzymes, today announced a research partnership to turn sugarcane waste into green energy. Using Cetrel’s know-how in waste-stream treatment and Novozymes’ biotech expertise, the partners aim to enable sugar and ethanol production plants...
Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power generating plant (“Ashlu Creek”), with a net installed capacity of 49.9 MW, is now in commercial operation. As the required performance tests were carried out successfully, BC Hydro has retroactively set the official commercial operation start date at November 29, 2009. With Ashlu Creek now in...
Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements. Because of its unique structure and management...
The largest solar energy array in Martin County began construction a little over 4 weeks ago after the town was able to quickly issue permits to the solar energy contractor, Abundant Energy Inc. (http://www.abundantenergy.com). Though South Florida solar energy companies have been making little headway in the commercial energy market with the exception of a few small projects, the first panels at the...