Duke Energy Signs Used Fuel Contract for Proposed Lee Nuclear Station
Duke Energy has signed a contract with the U.S. Department of Energy (DOE) for the disposal of used nuclear fuel generated at its proposed William States Lee III Nuclear Station. The contract provides for the DOE’s acceptance and permanent disposal of all fuel from the station. For this service, the company will pay a $1 per megawatt-hour fee for electricity generated and sold from Lee Nuclear....
Dr. Joe Vitale, Marketing Guru and Renowned Marketer, Buys Ronn Motor Company’s Scorpion HX(TM)
Ronn Motor Company, announced today that best-selling author and celebrity marketer, Dr. Joe Vitale, has purchased a Limited Edition Scorpion HX(TM). Dr. Vitale stated, “I’m in the movie, ‘The Secret,’ but the real secret is a small company outside of Austin, Texas called Ronn Motor Company. They are making history with their breakthrough H2GO(TM) Real-Time Hydrogen Injection...
Green Energy Upgrades Make Corporate Office a Net Energy Producer
RCG LLC, developer of East Mill, and tenant Nexamp, Inc., a veteran-owned energy and carbon solutions company, recently completed extensive onsite renewable energy and energy efficiency improvements. These green energy upgrades make Nexamp’s corporate office a “beyond zero net-energy” workplace: a rare facility that produces more energy than it consumes. The improvements at East Mill...
PG&E Employees Receive Annual Environmental Leadership Award for Protecting Natural Resources, Raising Awareness About Compact Fluorescent Lamps
Pacific Gas and Electric Company (PG&E) announced the winners of its seventh annual Richard A. Clarke Environmental Leadership Award. The award acknowledges the top individual and team efforts for demonstrating PG&E’s ongoing environmental leadership, focusing on areas such as environmental protection, energy efficiency and renewable energy. “Each year, the Clarke Award recognizes...
Reliant Energy, Merrill Lynch Agree to Extension
On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October 31. In a subsequent agreement on October 29,...
Future Fuels Creates Pennsylvania Clean Coal Project
Future Fuels LLC has created a strategic investment with Immersive Media Corp. in Future Power PA LLC, a wholly-owned subsidiary of Future Fuels. The two parties intend to develop an electricity generation project using state-of-the-art clean coal gasification technology in Schuylkill County, Pennsylvania. A strategic investment by IMC of $5 million should ensure adequate resources are available to...
Cummins Power Generation Announces Price Increase
Cummins Power Generation, a division of Cummins Inc., announces price increases for its commercial generator set products between 15 kW and 2700 kW. Prices of generator sets and transfer switches in North America will rise between 2 and 7 percent and are effective Jan. 1, 2009. This increase is due primarily to rising commodity and fuel prices as well as the consequence of the current industry dynamics. Cummins...
Ronn Motor Company Signs Letter of Intent With SCS/Frigette for Manufacturing and Global Distribution of the H2GO(TM) Real-Time Hydrogen Injection System
Ronn Motor Company, Inc. announce that the Company has signed a Letter of Intent with SCS/Frigette, located in Ft. Worth, Texas, for the manufacturing and distribution of its proprietary H2GO(TM) Real-Time Hydrogen Injection System. Ronn Maxwell, CEO of Ronn Motor Company, said, “SCS/Frigette is recognized as a leader in the automotive industry and their manufacturing and distribution network...
MidAmerican and Constellation Energy Receive Early Termination of Hart-Scott-Rodino Act Waiting Period
MidAmerican Energy Holdings Company and Constellation Energy announced early termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, related to MidAmerican’s proposed merger with Constellation Energy. “The clearance of the Hart-Scott-Rodino Act is another step forward in achieving the necessary regulatory approvals required to complete this transaction,”...
Vattenfall AB acquires Eclipse Energy UK PLC
Vattenfall is Europe’s fifth largest generator of electricity and the largest producer of heat, and works in all parts of the electricity value chain. In the UK, Vattenfall owns and operates the Kentish Flats offshore wind farm, which has a capacity of 90 MW. It is also the world’s second largest offshore wind power operator, with a 60 per cent stake in Horns Rev, the world’s largest offshore...
Recent Energy News
Cetrel and Novozymes to Make Biogas and Electricity from Bagasse
Cetrel, the largest provider of environmental solutions for the manufacturing industry in Latin...
Innergex increases its net installed capacity by 53 % as Ashlu Creek starts commercial operation
Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power...
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