NACEL Energy Updates Channing Flats Texas Wind Energy Project

January 7, 2009

NACEL Energy Corporation, a wind power company in business to generate clean, renewable energy, today confirmed it has commenced the collection of site specific wind measurement data at its Channing Flats project site in Moore County, Texas, with the installation of a 60 meter (200 ft.) NRG Systems meteorological tower transmitting data back to NACEL Energy, via an Iridium satellite uplink. NACEL Energy’s... 

Polaris Geothermal Announces Approval of New Tariff and Amendments to Power Purchase Agreement

December 22, 2008

Polaris Geothermal Inc. announce that its Nicaraguan subsidiary, Polaris Energy Nicaragua S.A., has signed an addendum to the existing Power Purchase Agreement entered into between PENSA and the energy distributor in Nicaragua. The Addendum has also been approved by Nicaraguan utility regulator Instituto Nicaraguense de Energia (”INE”). The key terms of the Addendum are: a) all power generated... 

U.S. Energy Corp. Announces Investment in Geothermal Entity

December 22, 2008

U.S. Energy Corp. announced that it has invested $3.445 million in Standard Steam Trust LLC, a private geothermal exploration and development company based in Denver, Colorado. Current capitalization of SST (with other partners) is $13.8 million (25% USE), which now includes approximately 60,000 acres of BLM, state and fee leases in seven prospect areas in three states. Acreage accumulation is ongoing,... 

XsunX Provides Overview on Positive Developments for the Renewable Energy Industry

December 22, 2008

XsunX, Inc., a solar technology Company engaged in the build-out of its multi-megawatt amorphous thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, provides a look into 2008’s initiatives, legislation, and events set to positively impact the Renewable Energy Industry and reduce dependence on carbon based fuels. – In October, the 30-percent Federal Investment Tax Credit... 

Ocean Power Technologies and Leighton Contractors Sign Agreement to Develop Wave Power Stations

December 19, 2008

Ocean Power Technologies, a subsidiary of Ocean Power Technologies, Inc. announce that it has signed an agreement with Leighton Contractors Pty Ltd to develop wave power projects off the east and south coasts of Australia. This agreement is in line with OPT’s global plan to form alliances with strategic partners in key areas of the world and will expand the company’s activities in Australia. The... 

Euro BioEnergy Holdings Acquires German Biomass Power Plant Biomasse HKW Herbrechtingen

December 19, 2008

Euro BioEnergy Holdings, a European biomass development platform, today announced the acquisition of German biomass power plant Biomasse Heizkraftwerk Herbrechtingen GmbH from its former owners Sturm Holding GmbH & Co. KG, Fortum Power Holding B.V., and Ingenieurburo Oskar von Miller GmbH. Financial details were not disclosed. Biomasse Heizkraftwerk Herbrechtingen GmbH owns and operates the Herbrechtingen... 

Green Power EMC’s Renewable Energy Agreement Generates Jobs and Electricity

December 19, 2008

Green Power EMC (GPEMC), a partnership of 38 electric membership corporations (EMCs) in Georgia, today announced plans to purchase 17 MW of biomass energy from Multitrade Rabun Gap (MRG), LLC. The Rabun Gap project will use woody waste as the primary fuel in a conventional boiler for the generation of steam to power a steam turbine electric generator. The power purchase agreement is part of Green Power... 

Made-In-Canada Ethanol Reaches 1 Billion Litre Milestone

December 17, 2008

The Canadian Renewable Fuels Association today congratulated Integrated Grain Processors Co-operative (IGPC) on the official opening of its new 150 million litre ethanol plant. “Today marks a milestone day in the production of renewable fuels in Canada. With IGPC’s new plant, Canada now produces over a billion liters of ethanol a year,” said Gordon Quaiattini, President of the Canadian... 

United States Marine Corps Deploys Critical Solutions’ MOJOs to Evaluate Hybrid Power in the Battlefield

December 10, 2008

Critical Solutions Inc., the designer of rapidly deployable, renewable energy tower systems, announces that the United States Marine Corps (USMC) is using two MOJOs for evaluating the use of hybrid power in support of mission critical communications for forward deployment groups. Patrick Gallagher, Critical Power Solutions International President, stated, “Because our mobile towers utilize solar... 

Regional Climate Policy Could Damage Minnesota’s Economy

December 9, 2008

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... 

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