Canadian-based Canasia Power Corp. begins development of 2 ‘Mega’ 2,000MW supercritical thermal power projects in India, one in the most power deficient State of Uttar Pradesh, and the other in the most industrialized State of Gujarat. The two States, and the Country itself are projecting strong current and future demand for power as the...
Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (”PV”) product manufacturers, today announced that one of its wholly-owned subsidiaries has entered into a credit agreement for a three-year loan facility with a fund managed by Asia Debt Management Hong Kong Limited (”ADM...
McDermott International, Inc. announced that a subsidiary of The Babcock & Wilcox Company, has been awarded a contract to refurbish two B&W Radiant Tower-type boilers at the Suralaya Steam Power Plant on Java Island, Indonesia. B&W will redesign and supply superheater and reheater surface, low NOx combustion systems, pulverizer performance...
Kitimat LNG Inc. and Mitsubishi Corporation announced that they have signed a Heads of Agreement under which Mitsubishi will acquire terminal capacity and an equity stake in Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal. The Heads of Agreement sets forth the terms, pursuant to which Mitsubishi will commit to purchase 1.5 million...
Solar Power, Inc. has completed its first sale to a prominent German solar integrator of its photovoltaic solar modules for use in the integrator’s Germany-based installation projects. An initial supply of SPI’s 200-watt panels was shipped to the integrator at the end of December 2008. The transaction follows IEC certification in early December...
China Sunergy Co., Ltd., a specialized solar cell manufacturer based in Nanjing, China, announced that it has entered into a one-year agreement with Ajit Solar Pvt Ltd, a privately-owned module manufacturer based in Jaipur, India. Under the terms of the agreement, China Sunergy will supply and deliver a total volume of 12MW of multi-crystalline solar...
The Nature Conservancy announced today that Alpha Natural Resources has donated $25,000 to the international group to help advance its conservation work in southwestern Virginia’s Clinch River Valley. The gift will support a joint Nature Conservancy and Virginia Department of Mines, Minerals, and Energy (DMME) project to inventory and set priorities...
MDV-Mohr Davidow Ventures, a leading Silicon Valley venture capital firm, announced that it has backed Laurus Energy, the North American leader in Underground Coal Gasification (UCG) project development. Laurus also announced today that top energy executive Rebecca McDonald has joined as CEO. “Given the huge demand for energy in the U.S. and abroad...
Per Sand has been appointed new Managing Director of the Morphic subsidiary Cell Impact AB. Per Sand previously held the posts of Vice President and Head of Sales and succeeds Martin Valfridsson, who has been appointed President and CEO of Morphic Technologies AB. Per Sand has worked at Cell Impact since March 2006. Together with Martin Valfridsson,...
Ultralife Corporation has received orders valued at approximately $6.9 million from the U.S. Defense Department for its BA-5390 and BA-5347 batteries. The orders represent releases under 5-year contracts awarded to Ultralife in 2004 and 2005. Deliveries are expected to begin in January and be completed in July 2009. Ultralife Corporation, which began...