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...
Patriot Energy Corporation announce the acquisition of an exclusive license to Tectane Technologies Corporation’s proprietary and patented technologies. According to the exclusive 99 year leased license agreement, Patriot Energy Corporation will market Tectane Technologies’ global warming solutions including but not limited to the patented...
SunPower Corporation, a manufacturer of high-efficiency, solar cells, solar panels, and solar systems, today announced an agreement to build a 505-kilowatt solar power installation for Horizon Power, a government-owned company providing power to remote and regional communities and resource operations in Western Australia. The ground-mounted installation...
Hanwei Energy Services Corp. announced today that it has signed a binding agreement with Daqing Changyuan Investment Co. Ltd., an indirect subsidiary of China National Petroleum Corp. (CNPC), the parent company of PetroChina Co., Ltd., to acquire the remaining 8.925 percent equity interest in Daqing Harvest Longwall High Pressure Pipe Co. Ltd. (“Harvest”)...
Verari Systems, a premier developer of independent blade-based computing and storage platforms for the data center with the highest density, availability, and energy efficiency in the market, today announced its Green Leasing Program offered by its Verari Financial Services (VFS) Group. The VFS Green Leasing Program offers a comprehensive approach to...
Puget Sound Energy last week completed the $240 million purchase of a 310-megawatt natural gas-fired power plant in Longview, Wash., the latest step in the utility’s long-range effort to ensure a reliable, cost-effective energy supply for its growing customer base in Western Washington. PSE signed an agreement in September to buy the 11-month-old...
EnPro Industries announced the acquisition of Northern Gaskets and Mouldings Limited (NGM), a distributor of sealing products and a manufacturer of gaskets located in Batley, UK. NGM will operate as part of Garlock (Great Britain) Limited. The acquisition was completed for cash. Terms were not disclosed. NGM serves a variety of industries in the United...
Leaders of CHS Inc., one of the nation’s leading energy, grains and foods companies, attributed strong 2008 performance to maintaining financial stability and disciplined-growth during a period of unprecedented market volatility. “After five consecutive years of record results — the combination of our own hard work, growth and what...
An international panel of judges has presented Peabody Energy with dual honors at the 10th Global Energy Awards in New York City: The Award of Excellence honors Peabody’s industry leadership, and the Strategic Energy Investment of the Year recognizes Peabody’s global transformation to capitalize on high-growth, high-margin markets. The Award...
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...