Mascoma Expanding Its Leadership Team as Company Accelerates Towards Commercialization
Mascoma Corporation announced several management reconfigurations, as the company moves into its commercial development phase. Mascoma has developed proprietary technology, called Consolidated Bioprocessing (CBP), which enables the production of sustainable, low carbon cellulosic ethanol. This technology has been proven in Mascoma’s Rome, New York...
BPZ Energy Closes $44 Million Private Placement of Common Stock
BPZ Resources, Inc. announced that it closed the previously announced private placement of common stock for gross proceeds of approximately $43.6 million. The Company sold approximately 14.3 million shares to institutional and accredited investors at a price of $3.05 per share pursuant to a Stock Purchase Agreement dated as of February 19, 2009. Additionally,...
Verenium Announces First Commercial Cellulosic Ethanol Project
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida. The Company has entered into long-term agreements with Lykes Bros. Inc., a multi-generation Florida agri-business...
BPL Global and BPL Africa to Expand Smart Grid Project Nationwide in Ghana
BPL Global®, Ltd. (BPLG), a smart grid technology company dedicated to leading the transformation of energy efficiency and reliability, announced today that the company has signed a 5-year modern grid contract in partnership with BPL Africa, with Ghana’s national utility, Volta River Authority (VRA). The agreement implements smart grid technologies...
US DOJ Closes Investigation of SRAM Sales Involving Mitsubishi Electric Subsidiary
Mitsubishi Electric Corporation announced that the United States Department of Justice (DOJ) Antitrust Division has notified Mitsubishi Electric & Electronics U.S.A Inc. (MEUS), a subsidiary of Mitsubishi Electric, that DOJ has closed its grand jury investigation of possible antitrust violations regarding static random access memory (SRAM) sales...
Sierra Club Asks Federal Court to Cut Off Power to Holland, Michigan Community
The San Francisco-based Sierra Club has filed a complaint in U.S. District Court asking for a court-ordered shutdown of the community-owned electrical generating plant in Holland, Michigan. The complaint, filed against the City of Holland and the Holland Board of Public Works on December 15, alleges that normal maintenance and repair work done at the...
BP Solar Announces Completion of Solar Power Pilot Project
BP Solar announced the completion of its solar power construction program for Wal-Mart. The company recently completed construction of three sites in California, including the 493.7 kilowatt (kW) solar power system at the Sam’s Club in La Habra, California, as well as systems at Wal-Mart Super Centers in Palm Springs (605.9 kW) and Beaumont (675.2...
PinnacleAIS Announces Key PCMS RBI Initiatives
PinnacleAIS, a leading provider of services and technology specializing in improved asset integrity for the petroleum and chemical processing industry, today announced that it has completed several key Plant Condition Management Systems (PCMS®), Risk-Based Inspection (RBI) initiatives, furthering its expertise in Inspection Data Management Systems...
United Refining Company Increases Bank Credit Facility to $130 Million
United Refining Company (United), a leading regional refiner and marketer of petroleum products announces completion of an amendment to its secured revolving credit facility (the facility) led by PNC Bank, N.A., Agent Bank. The amendment increases the facility commitment from $100,000,000 to $130,000,000 effective November 21, 2008. The facility expires...
Syntec to Develop Catalysts to Produce Butanol and Propanol From Biomass and MSW
Syntec Biofuel Inc. announced it is launching a research program to develop catalysts and processes to produce Bio-butanol and Bio-propanol from biomass. This new R&D initiative is projected to be a 3 year program and will run in parallel with Syntec’s catalyst development. The company will be seeking strategic financial partners to support...
Recent Energy News
Cetrel and Novozymes to Make Biogas and Electricity from Bagasse
Cetrel, the largest provider of environmental solutions for the manufacturing industry in Latin...
Innergex increases its net installed capacity by 53 % as Ashlu Creek starts commercial operation
Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power...
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