Beaver Valley Unit 2 Begins Refueling

FirstEnergy Nuclear Operating Company announced its Beaver Valley Power Station Unit 2 in Shippingport, Pa., shut down earlier today for scheduled refueling and maintenance. While the unit is off line, 64 of the 157 fuel assemblies will be replaced and numerous safety inspections will be conducted. In addition, preventative maintenance to ensure continued... 

Raser Technologies Completes Initial Commissioning Tests of Thermo

Raser Technologies, Inc., a leader in geothermal power generation, announced that it is nearing completion of the commissioning process of the 50 power generation units at its first commercial-scale power plant, in Beaver County, Utah, demonstrating the viability of advanced technology that can make geothermal a major price-competitive resource for... 

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... 

Raser Technologies Inaugurates Utah Geothermal Plant with Advanced Technology That Can Make Geothermal a Major Source of the U.S. Energy Supply

Raser Technologies, Inc., a leader in geothermal power generation, inaugurated late yesterday its first commercial-scale power plant, in Beaver County, Utah, demonstrating the viability of advanced technology that can make geothermal a major price-competitive resource for this country’s energy supply. The plant’s output has already been committed... 

Prudential Capital Group Joins Syndicate in Raser’s Thermo Project Financing

Raser Technologies, Inc. announced that Prudential Capital Group, an institutional investment division of Prudential Financial, Inc., purchased the permanent debt financing for Raser’s 10 megawatt (MW) Thermo geothermal power project near Beaver, Utah, from the original project financier. The approximately $31 million of non-recourse debt financing... 

Raser Technologies Adds 20,000 Acres to Its Thermo Resource Portfolio

Raser Technologies, Inc. announced that it has signed three new lease agreements covering more than 20,000 acres of geothermal, surface and other rights near its existing Thermo resource in Beaver County, Utah. The signing of these three leases increases Raser’s total holdings in the Thermo area to over 50,000 acres. Raser recently released the results...