Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects
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...
Business and Environmental Groups Unite in Support of Climate Legislation
Exelon Chairman and CEO John W. Rowe and Natural Resources Defense Council President Frances G. Beinecke today urged Midwest business leaders to support comprehensive climate legislation. In a panel discussion at the Economic Club of Chicago, Rowe and Beinecke said economy-wide cap-and-trade legislation to reduce greenhouse gas emissions is essential to our nation’s economy and the environment. “It...
World Energy Brokers 1.4 Million CER Deal over the World Green Exchange
World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced it has successfully brokered a purchase agreement for over 1.4 million certified emissions reductions (CERs) on the World Green Exchange®. The deal, significant in both volume and revenue, was conducted on behalf of B-road International Investment, a Chinese project developer. The buyer,...
Can CA Economy Afford Climate Policies?
As political pressure mounts to delay California’s ambitious global warming policies, a new report from University of California researchers examines the economic impacts of putting the Governor’s climate program on hold. Energy Prices and California’s Economic Security, a project sponsored by Next 10, a nonpartisan, nonprofit organization, finds that if California remains primarily...
China Energy Recovery Completes a New $3.3 Million Project for a Repeat Customer
China Energy Recovery, Inc., a leader in the waste heat energy recovery sector of the industrial energy efficiency industry, announced today that it has successfully completed an EPC (Engineering, Procurement and Construction) project (the “Project”) for a new specialty sulfuric acid plant, operated by Jiahua Chemical (”Jiahua”), in late December 2008. The Project is a showcase...
Amerex Energy Services and Armstrong Service Join Forces to Reduce Customers’ Energy Costs
Amerex Energy Services, the nation’s premier energy consulting company has joined forces with Armstrong Service, Inc. (ASI), a global leader in utility system optimization to provide a full-service energy offering designed to reduce all aspects of customer energy costs, in both physical usage and the actual price of the energy commodity itself. The alliance between the two industry leaders will...
Sierra Club Asks Federal Court to Cut Off Power to Holland, Michigan Community
The San Francisco-based Sierra Club has filed a complaint in U.S. District Court asking for a court-ordered shutdown of the community-owned electrical generating plant in Holland, Michigan. The complaint, filed against the City of Holland and the Holland Board of Public Works on December 15, alleges that normal maintenance and repair work done at the James De Young power generating facility constituted...
Help Family and Friends Lower Their Carbon Footprint This Holiday Season With Save the Planet and Win
Save the Planet and Win, an environmental social network that lets everyone lower their carbon footprint in an online community of like-minded members, has announced a great way to help spread environmental awareness and reduce global warming this holiday season — by distributing free carbon offset gift cards to family and friends. AddOffset cards are available to any new or existing Save the...
Regional Climate Policy Could Damage Minnesota’s Economy
An economic study released today shows a regional cap-and-trade policy would severely handicap Minnesota’s economy, causing sharp increases in energy prices and reducing net employment in Minnesota by 21,000 jobs by 2015. The report, titled “Economic Analysis of the Impact of a Midwest Regional Climate Policy on Minnesota,” was written by CRA International (CRA) and commissioned by...
Global Solar Leaders and UNEP Outline Central Role for Solar in Climate Solution at United Nations Climate Change Conference in Poland
Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations Climate Change Conference in Poznan, Poland to...
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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