BIO Urges EPA to Complete Sound Scientific Review Before Publishing Greenhouse Gas Emission Estimates for Biofuels

The U.S. Environmental Protection Agency must establish a sound, science-based model for measuring net greenhouse gas emissions related to biofuels production before releasing estimates that may understate the positive role biofuels play in reducing climate change emissions. The Biotechnology Industry Organization (BIO) today released a letter sent... 

Major Potential Changes Seen in U.S. Energy Policy after 2008 Election

The 2008 presidential election will mean major changes in United States energy policy. William F. Weld, partner advising on government strategies and energy policy for the law firm of McDermott Will & Emery and a former two-term governor of Massachusetts, believes that the biggest impact will come on two issues: climate change (global warming)... 

Exelon Details the Value Creation Opportunities in an Exelon-NRG Combination

Exelon Corporation today filed with the Securities and Exchange Commission and posted to its Web site a presentation for investors with additional details on the value that would be created by its offer to acquire all of the outstanding common stock of NRG Energy, Inc. in an all-stock transaction. “The combination creates clear and compelling value... 

Suntech Reinforces Its Commitment to Tackling Climate Change by Joining The Climate Group

Suntech Power Holdings Co., Ltd., the world’s largest photovoltaic (PV) module manufacturer, announced it has joined The Climate Group, a global, independent organization dedicated to accelerating action on climate change. Suntech is the first and only solar energy company to join The Climate Group. Uniting with other international members of... 

Modine to Scale Back Vehicular HVAC Business through Intended Divestment of Modine Korea

Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, today announced strategic plans to scale back its focus on the global vehicular HVAC market through the intended divestiture of its Korean-based vehicular HVAC business. The Company’s Korea subsidiary includes standalone vehicular HVAC research... 

NRG Energy, Inc. Confirms Receipt of Unsolicited Proposal from Exelon Corporation

NRG Energy, Inc. confirmed that it has received an unsolicited proposal from Exelon Corporation to acquire all of the outstanding shares of NRG Energy at a fixed exchange ratio of 0.485 Exelon shares for each NRG common share. NRG’s Board of Directors will review Exelon’s proposal with their advisors and determine the appropriate response in due... 

Solar Works, Inc. and SolarWrights, Inc. Join Forces to Create Largest Solar Integration Company in Northeast

Riverside Partners, a Boston-based private equity firm, announced today the acquisition and merger of Solar Works, Inc. and SolarWrights, Inc. into the largest solar energy integrator in the Northeast. “We are delighted to be bringing together these two leading renewable energy companies, both of which have a track record of outstanding growth and... 

Sweco to Examine Stockholm’s Future Energy Supply

Sweco has been chosen to perform a system analysis of the entire Stockholm region’s future energy supply. The goal is to develop proposals that are favourable from both an energy and climate perspective. Sweco will formulate a number of clearly defined courses of action and strategies that will enable the Stockholm region to minimise its energy usage... 

Entergy Only U.S. Utility Selected to World Index for Third Consecutive Year

The Dow Jones Sustainability Indexes again named Entergy Corporation to its exclusive Dow Jones Sustainability World Index and Dow Jones Sustainability North American Index for 2008-2009. For the third year in a row, Entergy was the only U.S. utility selected to the world index. The Dow Jones Sustainability Indexes follow a best-in-class approach and... 

Alberta Saline Aquifer Project Awards Key Contracts to Launch Carbon Sequestration Pilot in Early 2009

Industry, government, and academic participants in the 35-member Alberta Saline Aquifer Project (ASAP) announced today that five companies have been awarded contracts for the engineering, design and environmental-related work that is needed to support the first phase of ASAP’s initiative to store carbon dioxide in deep underground saline aquifers. With...