BPZ Energy Announces $50 Million 2011 Capital Expenditures Plan

BPZ Resources, Inc. announces the 2011 capital expenditures plan, approximating $50 million, for continued development of the Company’s assets in northwest Peru. The majority of the capital budget is expected to be spent on offshore Block Z-1, primarily for the design and construction of an additional production platform for the Corvina oil field;... 

Tags: 10 million, caleta cruz, capital expenditures, capital projects, crude oil, design and construction, oil production, oil wells, Resources Inc., second quarter, seismic acquisition

PJM Moves Toward Pay-for-Performance Pricing

Beacon Power Corporation a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that the PJM Interconnection recently began the formal process to implement pay-for-performance regulation pricing in its geographic area, the largest electricity market in the... 

Tags: chief executive, electricity grid, Energy Regulatory Commission, energy storage systems, enhancements, Federal Energy Regulatory Commission, federal energy regulatory commission ferc, performance model, storage markets

Plug Power Receives NASDAQ Extension

Plug Power Inc. a leader in providing clean, reliable energy solutions, today announced that the NASDAQ Listing Qualifications Panel (the “Panel”) has granted the Company’s request for continued listing on The NASDAQ Capital Market pursuant to an extension of time, as permitted under NASDAQ’s Listing Rules, to comply with the... 

Tags: applicable requirements, compliance, energy solutions, length of time, nasdaq, Plug Power Inc.

Pampa Energia Announces the Closing of the Acquisition of CIESAs Debt

Pampa Energia S.A. announces today, in relation to its announcement of January 19, 2011, that, through its subsidiary Pampa Inversiones S.A., it has acquired from AEI 100% of the outstanding bonds issued on April 22, 1997 (the “Bonds”) by Compania de Inversiones de Energia S. A. (“CIESA”), the controlling company of Transportadora... 

Tags: Acquisition, distribution of electricity, electricity company, generation transmission, inversiones, subsidiaries, subsidiary

Ecotech Institute Opens Its Doors to New, Progressive Facility in Aurora

Ecotech Institute, the first and only college focused entirely on preparing America’s workforce for careers in renewable energy and sustainable design, today announced that students are now taking classes in its brand new facility. Located at 1400 South Abilene Street in Aurora, the school has transformed a vacant, large-footprint building into... 

Tags: design today, electricity energy, energy consumption, energy-efficient lighting, faculty lounges, lighting energy, michael seifert, programmed schedule, resource savings, science labs, small wind turbines, solar technologies, standard lighting, unoccupied rooms, vertical axis wind turbine, water sense

Enerkem strengthens its growth strategy with addition to its management team

Enerkem Inc., a leading waste-to-biofuels and chemicals company, today announced the appointment of Philippe Burton as Vice President, Human Resources. “We are thrilled to welcome Philippe Burton to Enerkem, where he will play a prominent role in further building our strong team and guiding talent development,” said Vincent Chornet, President... 

Tags: array, chemicals company, chief executive officer, director human resources, electric energy, energy group, fleet performance, General Electric, global waste, growth strategy, human resource departments, management team, managing director, manufacturing sectors, montreal quebec, vice president human resources

ESG Solutions Completes Large-Scale Microseismic Hydraulic Fracture Monitoring Program for Nexen Inc.

ESG Solutions (Engineering Seismology Group or ESG), an industry leader in microseismic technology and services, is pleased to announce the successful completion of the largest microseismic hydraulic fracture monitoring program conducted in Canada to date. The real-time microseismic mapping project for Nexen Inc. in the Horn River Basin in northeast... 

Tags: british columbia canada, engineering seismology, field drainage, fracture behavior, fracture geometry, horizontal wells, moment tensor, nearby wells, nexen inc, observation wells, production wells, solutions engineering, time images, vertical growth, vertical sections

NV Energy Completes California Distribution and Generation Asset Sale

NV Energy, Inc. announced that its wholly-owned subsidiary, Sierra Pacific Power Company d/b/a NV Energy (NV Energy) completed the sale of its California electric distribution and generation assets, originally announced in April 2009, to California Pacific Electric Company (CalPeco), a company jointly owned by Algonquin Power & Utilities Corporation... 

Tags: california customers, california electric, california pacific, electric customers, electric distribution, generation assets, Laughlin NV, litigation reform act, Nevada Power Company, power utilities, private securities litigation reform, private securities litigation reform act, service territory, sierra pacific power, Sierra Pacific Power Company, wholly owned subsidiaries

UPA Begins Full-Scale Deployment for Glendale Meter Project

Utility Partners of America (UPA), a leading electric, gas and water utility solutions provider, has received authorization to proceed with the full-scale deployment of an electric and water smart meter installation for customers of Glendale Water and Power (GWP). UPA successfully completed the installation of network devices during the first phase... 

Tags: chief executive officer, communication network, deployment phase, electric customers, itron inc, meter installation, metering technology, scale deployment, smart meter, utility partners, utility solutions, water and power, water consumers, water utility

ESCO Announces AMI System Expansion at CFE in Mexico

ESCO Technologies Inc. today announced that Mexico’s electric utility Federal Commission of Electricity (CFE) has issued an additional purchase order for Aclara PLS Inc.’s TWACS® power-line technology through Ambar Electroingenieria, Aclara’s AMI distributor for Mexico, and prime contractor for the entire project. The initial, prime... 

Tags: aggregate demand, cities in mexico, efficiency solutions, electric utility provider, esco technologies inc, home displays, improved communications, outage management, power line technology, prime contract, service upgrades, technology supplier, voltage quality