Axia Capital Partners, LP, announced today that it has completed the sale of the assets and business of Hydroid, LLC to Kongsberg Maritime, AS, a division of Kongsberg Gruppen, for approximately $80 million and an earn-out based on Hydroid’s 2008 and 2009 operating performance.
Hydroid is a manufacturer and supplier of Autonomous Underwater Vehicles (AUV) for [...]
Welwind Energy International Corp. announces that it has secured an additional 1400 acres of private land for its Peace Region Project.
The company is seeking private land to minimize the environmental process and high costs that are inherent with Crown Land.
Initially it was announced that the company would be pursuing approximately 13 quarter sections (approximately 2300 [...]
Mid-Kansas Electric Company (Mid-Kansas) and Sunflower Electric Power Corporation (Sunflower) have reached an agreement with ITC Great Plains LLC (ITC Great Plains) designating ITC Great Plains to build two of the three sections that will comprise the proposed Kansas V-Plan transmission project.
ITC Great Plains will build two sections of the Kansas V-Plan. The first section [...]
NF Energy Saving Corporation of America, a manufacturer of energy saving equipment and a provider of integrated energy conservation solutions, today announced that the Company has been commissioned by Liaoning Provincial Economic Committee to promote high-efficiency energy saving lamps to end users in Liaoning Province. This indicates Chinese government’s endorsement of NFES’ leading position in [...]
Hydrogen Energy International LLC and Eastman Chemical Company announced they have signed a definitive agreement for Eastman to license to HEI its proprietary Reduced Sulfur Start-Up Technology. This patented technology allows for the operational startup of gasification reactors using a sulfur-free fuel to mitigate a source of sulfur emission during startup events.
Jonathan Briggs, regional director [...]
The inauguration of Barack Obama as the new President of the United States yesterday has combined with Canadian efforts to spark a North American explosion in the growth of renewable fuels, says Gordon Quaiattini, President of the Canadian Renewable Fuels Association (CRFA).
“When President-elect Obama took the oath of office, a new North American consensus in [...]
Southern California Gas Co. is asking customers returning home after having been evacuated to check their natural gas service and, if service is off or they smell or hear a natural gas leak, to call The Gas Company at (800) 427-2200.
“The safety of our customers, employees and the community is our highest priority,” said [...]
Alcoa announced it will curtail the remaining production at its Rockdale, Texas aluminum smelter – comprising approximately 150,000 metric tons of production a year (mtpy) – beginning immediately as a result of uncompetitive power supply to that smelter and overall market conditions. In June, the company idled three of the plant’s six operating potlines [...]
ACES Power Marketing, a nationally recognized wholesale energy risk management and transaction execution services company — today announced that its origination efforts have paid off with the successful commencement of commercial operation of the 150-MW Story County wind project. The project is owned and operated by a subsidiary of FPL Energy, with varying amounts of [...]
Firefly Energy Inc. officially opens its new 40,000-square-foot world headquarters today. The new facility will be dedicated in a special ribbon-cutting ceremony at its new headquarters located at 6533 N. Galena Road in Peoria, Illinois.
“This new building is a further example of Firefly’s continued progress in creating next generation energy storage technology for the United [...]