NF Energy Saving Corporation Obtains New $2 Million Energy Efficient Lighting Lamps Project

NF Energy Saving Corporation of America, a Chinese leader in energy efficient flow control systems and energy efficiency projects, today announced the company has successfully completed the sale of 500,000 energy efficient lighting lamps, and is starting up the 2nd batch of 2 million energy efficient lighting lamps in June 2009. Total contract value amounts to US$2.34 million and revenue to be recognized... Read more..

ZAP Alias Electric Car to Compete for the Progressive Insurance Automotive X PRIZE

The Alias electric car from industry pioneer ZAP has been accepted to compete for the Progressive Insurance Automotive X PRIZE. The Progressive Insurance Automotive X PRIZE (PIAXP) is a technology-neutral competition open to teams from around the world that can design and build production-capable 100 MPGe (miles per gallon energy equivalent) vehicles that are affordable and meet market needs for capability,... Read more..

FirstEnergy’s Ohio Utilities File Motion to Stay, Request for Rehearing and Application for Fuel Recovery

Citing inconsistencies with state law and potentially serious financial consequences that could result from a recent Public Utilities Commission of Ohio (PUCO) ruling, FirstEnergy Corp.’s Ohio utility companies filed a Motion to Stay, as well as an Application for Rehearing and an Application for a Fuel Rider, and requested an expedited ruling from the PUCO. The PUCO ruling involved the recent... Read more..

Capstone Ships Its First C1000 Megawatt Scale Product

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, today announced it has shipped its first C1000 megawatt scale product. The system will be installed at ANTEX, located in Spain. ANTEX is an independent Spanish textile group whose activity centers on the broad world of synthetic yarns. It has eight industrial plants in Spain and one in... Read more..

GDF SUEZ Energy North America Affiliate Completes Acquisition of FirstLight Power Enterprises, Inc.

GDF SUEZ Energy North America announced the acquisition of FirstLight Power Enterprises, Inc. (FirstLight) from Energy Capital Partners is now complete. FirstLight owns and operates a unique portfolio of 15 power generation plants — primarily pumped storage and traditional hydro facilities. It also has a state-of-the-art natural gas peaking power plant in construction. Together, these 16 facilities... Read more..

Electrical Distributor Expands Commitment to Sheboygan Area

Standard Electric Supply Co. continues to grow in Wisconsin with the opening of their new facility in Sheboygan, WI at 3417 Weeden Creek Road. Standard Electric has served customers in the Sheboygan market for many years, but recently completed construction on a 15,000 square foot building to better serve the market. The new facility includes a state-of-the-art enclosure modification center and will... Read more..

US DOJ Closes Investigation of SRAM Sales Involving Mitsubishi Electric Subsidiary

Mitsubishi Electric Corporation announced that the United States Department of Justice (DOJ) Antitrust Division has notified Mitsubishi Electric & Electronics U.S.A Inc. (MEUS), a subsidiary of Mitsubishi Electric, that DOJ has closed its grand jury investigation of possible antitrust violations regarding static random access memory (SRAM) sales in the US market. No charges have been brought to... Read more..

Sigma Signs Definitive Agreement for Acquisition of Zensys

Sigma Designs, a leader in digital media processor SoC’s for consumer electronics, announced that it has signed a definitive agreement to acquire Zensys Holdings Corporation, a wireless start-up company. Zensys, headquartered in Fremont, California, is an innovative developer of single-chip RF solutions called Z-Wave® that has already been designed into over 250 smart home products world-wide. Consumers... Read more..

AMI DODUCO Prepares for High-Voltage Infrastructure Market Opportunities

AMI DODUCO, a Technitrol company, announced that it has completed a two-year program to expand production in high-voltage contact technology. Custom-designed furnaces have been acquired, the latest-generation welding equipment brought on board and the mechanical and automated production centers expanded. “Despite the broad economic slowdown, these investments are timely,” said Christian J. Hagedorn,... Read more..

Constellation Energy Receives Unsolicited Proposal From Électricité de France

Constellation Energy confirmed that it has received an unsolicited proposal from Électricité de France (EDF). The main components of EDF’s proposal are: * EDF would purchase a 50% ownership interest in the nuclear generation and operation business of Constellation Energy (excluding Constellation Energy’s existing interest in the UniStar joint venture) for $4.5 billion, subject to certain... Read more..