John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders... 

World Energy Brokers 1.4 Million CER Deal over the World Green Exchange

World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced it has successfully brokered a purchase agreement for over 1.4 million certified emissions reductions (CERs) on the World Green Exchange®. The deal, significant in both volume and revenue, was conducted on behalf of B-road International... 

United States Marine Corps Deploys Critical Solutions’ MOJOs to Evaluate Hybrid Power in the Battlefield

Critical Solutions Inc., the designer of rapidly deployable, renewable energy tower systems, announces that the United States Marine Corps (USMC) is using two MOJOs for evaluating the use of hybrid power in support of mission critical communications for forward deployment groups. Patrick Gallagher, Critical Power Solutions International President, stated,... 

Suntech Power and Open Energy Sign Solar Roof Tile Licensing Deal

Suntech Power Holdings Co., Ltd., a leading manufacturer of photovoltaic (PV) modules, and Open Energy Corporation, a developer of innovative and elegant BIPV products, energy management applications and solar energy solutions announced that they have entered into an exclusive agreement licensing the worldwide manufacture, distribution and marketing... 

Centriforce Technology’s Desalination Process Will Reduce Energy Requirements with Lower Environmental Impact

Centriforce Technology Corp.’s new desalination technology is designed to reduce the amount of energy needed to produce fresh water and reduce the environmental impact compared to existing technologies. Current desalination processes that convert salt or brackish water into fresh water require significant energy input and expense. Centriforce’s... 

Plug Power Partners With National Grid for Combined Heat and Power Fuel Cell Field Trial

Plug Power Inc., a leader in providing clean, reliable energy solutions, and National Grid, an international natural gas and electric utility, today announced a partnership with the U.S. Department of Energy (DOE) to conduct the first field trial of Plug Power’s new micro-CHP (combined heat and power) GenSys(r) fuel cell system. Fueled by natural... 

LAI Wins Manufacturing Contract for Jet Engine Combustor Assemblies

LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers, has announced it has been awarded multi-year contracts for manufacturing combustor components in jet engines. LAI will process more than 360 of the make-complete combustor assemblies for a first-tier aerospace engineering company... 

XsunX Thin-Films Generate Strong Module Interest at the Solar Power International 2008 Conference in San Diego, October 14-16

XsunX, Inc., a solar technology company reports on a successful Solar Power International 2008 Conference and Trade Show in San Diego. The Solar Power show is the largest in the U.S.A. with Keynote addresses from California Governor Arnold Schwarzenegger and General Wesley Clark and was sold out attracting large groups of domestic and international... 

Trane Advances Green Communities with Platinum Sponsorship of Greenbuild 2008

Trane, a leading global provider of indoor comfort systems and services for homes and commercial buildings, will be prominently represented in Boston as the city welcomes the U.S. Green Building Council’s 2008 Greenbuild International Conference and Expo on Nov.19-21 in the Boston Convention and Expo Center (BCEC). As a platinum sponsor for the... 

Timken Increases Precision Offerings With New Thin-Section Bearings

The Timken Company announced that it is expanding its offering of thin-section ball bearings to provide a standard line of bearings that can perform with greater precision and resist corrosion. The new bearings have a minimum precision level that meets ABEC 5 and ISO P5 standards for bearing tolerance. Prior to Timken’s introduction of the new series,...