Honeywell and Haier Sign Memorandum of Understanding for Global Strategic Cooperation

Honeywell and Haier Group today announced the signing of a memorandum of understanding (MOU) for global strategic cooperation to collaborate on the development and promotion of low-emission, high energy-efficiency products and solutions. The MOU was signed during the U.S.- China Trade and Economic Cooperation Forum, contributing to the bilateral economic... 

Kalahari Greentech’s Tri-Brid Solar Collector Has a Revenue Potential of $973 Million

Kalahari Greentech, Inc. released a statement today discussing the company’s revenue projections for 2011. According to the American Housing Survey, there were 128,203,000 housing units in the United States in 2007 (Source: www.census.gov). If only one tenth of 1% of the approximately 128 million housing units were to purchase the Tri-Brid Solar... 

Cape Wind Completes Permitting Process

Cape Wind completed its Federal permitting process today with the receipt of a final permit from the Environmental Protection Agency (EPA), continuing the project’s forward progress to creating jobs and increasing energy independence from the 468 megawatt offshore wind farm. EPA’s approval came 24 hours after the U.S. Army Corps of Engineers issued... 

Market slips on bank worries, lackluster jobs data

Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report. Even with the decline, however, the S&P 500 and Dow recorded their sixth straight week of advances. The market has proved resilient despite expectations that stocks were due for a... 

Senior Banking Executive Named to PPL Corporation Board

PPL Corporation announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011. Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial... 

THINK Delivers Its First U.S.Built Electric Cars

THINK™, the world’s leading dedicated electric vehicle maker, has delivered its first U.S.-built cars to the State of Indiana for use in its government fleet. The 15 vehicles, which were shipped from THINK’s manufacturing facility in Elkhart, Ind., will be the first electric passenger vehicles with American-made, Lithium-ion batteries... 

Unique Safety Milestone Celebrated by Colonial Pipeline

Colonial Pipeline today celebrated 10 million hours of employees working without a lost work-time injury. The safety milestone represents more than seven years of employees working safely. In congratulating employees, Colonial CEO Tim Felt reminded that working safely is a job that starts fresh every day. “We are rightfully proud of this accomplishment,... 

Magma Awarded $10 Million in Department of Energy Grants for Its Soda Lake and McCoy Properties in Nevada

Magma Energy Corp. announce that its US subsidiary, Magma Energy (US) Corp. (“Magma”), has been awarded $10 million in American Recovery and Reinvestment Act funding for two of its Nevada geothermal exploration properties, Soda Lake and McCoy. The grants will reimburse 50 – 80% of Magma’s planned innovative exploration expenditures... 

Opcon Enters into Cooperation Agreement in Japan Regarding Opcon Powerbox

Opcon has entered into a cooperation agreement with the Japanese company Miura Co. with around 2,000 employees and with recorded sales of over JPY 70 billion in 2007. The agreement is part of a broad investment for growth. In time, the aim is to conclude a distribution and resale agreement between Opcon and Miura regarding Opcon Powerbox. Miura’s... 

AFS Trinity Reports Its Battery/Ultracap Plug in Hybrid System Is 6 Times More Durable Than Lithium Batteries Alone

AFS Trinity Power Corporation today reported independent test results demonstrating that the company’s “Extreme Hybrid” technology that utilizes batteries in combination with ultracapacitors will enable a plug in hybrid vehicle using the system to have a useful life that is 6 times greater than plug ins that use lithium batteries alone...