Offshore wind power to contribute to Europe’s economic recovery

January 31, 2009
Offshore wind power to contribute to Europe's economic recovery

The European Commission recognised offshore wind energy as a key technology in Europe’s attempt to stimulate the Union’s economies. The European Wind Energy Association (EWEA) considers that the €500mn in “smart investment” to specific offshore projects that the EC has earmarked is money well spent. All projects are in an advanced stage of... 

Precision Petroleum Corporation to Purchase Up to 50% of the Powder River Basin Project

January 31, 2009
Precision Petroleum Corporation to Purchase Up to 50% of the Powder River Basin Project

Precision Petroleum Corporation has consummated an agreement with Nitro Petroleum Incorporated as of January 28, 2009 pursuant to its letter of intent for the exploration of oil and gas properties in the Northeastern Province of the Powder River Basin project. Precision Petroleum Corporation is very encouraged with the execution of this agreement due... 

Foster Wheeler to Supply Heat Recovery Steam Generator in Spain

January 30, 2009
Foster Wheeler to Supply Heat Recovery Steam Generator in Spain

Foster Wheeler Ltd. announced that a subsidiary of its Global Power Group has been awarded a contract for a heat recovery steam generator (HRSG) by UTE IBERESE-SOMAGUE — a business alliance formed between Iberese and the constructor, Somague, a Portuguese subsidiary of the Spanish construction group Sacyr Vallehermoso. The boiler will be integrated... 

Solar Power, Inc. Receives Follow-on Order from German Solar Integrator

January 30, 2009
Solar Power, Inc. Receives Follow-on Order from German Solar Integrator

Solar Power, Inc., a vertically integrated designer, manufacturer, and installer of photovoltaic energy systems announced today that it has received an additional order from a German solar integrator for the company’s 200-watt solar modules. On January 6th, SPI announced that an initial supply of the modules was shipped to the integrator during December,... 

Comverge Surpasses Half a Billion Dollars in Future Contracted Revenues

January 28, 2009
Comverge Surpasses Half a Billion Dollars in Future Contracted Revenues

Comverge Inc., a leading provider of smart grid, demand management, and energy efficiency solutions, announced today that its future contracted revenues have surpassed $500 million, a significant milestone recently achieved with the signing of contracts with Progress Energy Carolinas and Pepco Holdings, Inc. Comverge expects over $350 million, or 70%,... 

Suntech and Standard Solar Reach 5 Megawatt Solar Panel Supply Agreement

January 27, 2009
Suntech and Standard Solar Reach 5 Megawatt Solar Panel Supply Agreement

Suntech Power Holdings Co., Ltd., the world’s leading manufacturer of photovoltaic (PV) modules, and Standard Solar, Inc. are looking forward to powering cleaner energy solutions throughout the Mid-Atlantic U.S. under a new agreement by which Suntech will supply up to 5 megawatts of photovoltaic solar panels to the Maryland-based solar developer... 

AM Oil Resources & Technology Acquires Build Biodiesel Technology to Create Energy Diversity

January 26, 2009
AM Oil Resources & Technology Acquires Build Biodiesel Technology to Create Energy Diversity

AM Oil Resources & Technology Inc., announced that it has just completed design drawings to build a mobile bio-diesel device. The Company’s design is a mobile biodiesel production plant, capable of producing 2,000 to 3,000 gallons of biodiesel per week. The designed plant fits into a standard truck-trailer with dimensions 8 feet wide by 45 feet... 

SymPowerco Receives Government Grant Application Review

January 26, 2009
SymPowerco Receives Government Grant Application Review

SymPowerco Corporation CEO John Davenport announces that the company is in receipt of a secondary review of its application for a series of development grants from a major North American Government Agency. SymPowerco is in the final stages of the grant application process after having submitted its application to a rigorous academic and industrial peer... 

Comverge Announces Multi-Year Demand Management Program with Progress Energy Carolinas

January 26, 2009
Comverge Announces Multi-Year Demand Management Program with Progress Energy Carolinas

Comverge, Inc. announced that it has entered into an agreement with Progress Energy Carolinas (PEC) to provide demand response hardware, software, software hosting services and project support in connection with PEC’s new EnergyWise(TM) residential demand response and energy efficiency program. The exclusive agreement has an initial term of five... 

Yingli Green Energy Enters Into Credit Agreement for a Three-Year Loan Facility With ADM Capital

January 26, 2009
Yingli Green Energy Enters Into Credit Agreement for a Three-Year Loan Facility With ADM Capital

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that one of its wholly-owned subsidiaries has entered into a credit agreement for a three-year loan facility with a fund managed by Asia Debt Management Hong Kong Limited (“ADM... 

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