GDF SUEZ Completes Acquisition of Econergy International, a Renewable Energy Company

GDF SUEZ Energy International completes the acquisition of Econergy International for roughly 39 million GBP (approximately EUR 50 million). Econergy, a US company listed in the UK, is focused on renewable energy projects in Latin America (mainly) and North America. In addition to developing sustainable energy projects, the company is also actively... 

Slovak Supreme Court Reaffirms Previous Judgment Returning Gemerska Poloma Talc Deposit to EuroGas’s Rozmin

EuroGas, Inc. announced that the Supreme Court of the Slovak Republic, which had previously reinstated Rozmin’s talc mining concession at Gemerska Poloma in the Slovak Republic, recently ordered an immediate halt to an appeal made by the Slovak Mining Authority at Spisska Nova Vesa,(the appellant) a unit of the Ministry of Economy of the Slovak... 

SEMI Announces Launch of New SOLARCON Events in Korea, China, and Singapore

SEMI, the global trade association for the microelectronics manufacturing industry and organizer of SEMICON® expositions, and PV Group, the global association for the photovoltaic (PV) manufacturing supply chain, have announced the launch of SOLARCON, a new series of trade events dedicated to serving the rapidly growing photovoltaic manufacturing market. The... 

Overseas Shipholding Group Announces New $500 Million Credit Facility for FSO Project

Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, together with Euronav NV (EURONEXT BRUSSELS: EURN) announced today a $500 million senior secured term loan to finance the acquisition of TI Asia and TI Africa by joint venture companies owned equally by Euronav and OSG and the conversion of... 

GDF SUEZ Builds Hydro Plant in Panama

A subsidiary of GDF SUEZ will start the construction of a 115 MW run-of-the river hydro project following an auction for energy companies which took place on 9 September 2008. As a result of this auction, 100 MW have been sold to distribution companies for a period of 10 years, between 2013 and 2022. GDF SUEZ will provide 6,000 GWh for the length of... 

SEMI Urges Congress to Immediately Extend Tax Credits for R&D and Commercial Investment in Solar Energy

SEMI urges Congress to immediately reinstate the R&D tax credit and to pass a long-term extension of the investment tax credit (ITC) for solar energy. The R&D tax credit expired on December 31, 2007 and the solar energy ITC is set to expire at the end of the year. These and other tax issues were the focus of a hearing held by the Small Business... 

GDF SUEZ Signs an Agreement to Acquire an Energy Company in the US

GDF SUEZ Energy International through its North American subsidiary announced today the signing of an agreement to acquire FirstLight Power Enterprises, Inc. FirstLight owns and operates a unique portfolio of 15 power generation plants – primarily pumped storage and traditional hydro facilities – and has a state-of-the-art natural gas peaking... 

Greenline Industries Ranked No. 7 in Inc. 5000 Fastest-Growing Private Companies

Greenline Industries, provider of biodiesel production platforms, has received major kudos from Inc. Magazine. Not only is Greenline No. 7 on its annual ranking of the 5000 fastest-growing private companies in the U.S., but also No. 1 in both the Energy Sector and Top 100 Businesses in San Francisco-Oakland-Fremont, CA. Greenline attributes much of...