Local Community Banding Together to Harness the Power of the Sun

Although solar heating can dramatically slash home utility bills and has tremendous environmental benefits, converting to solar is often too cost-prohibitive for many home owners. A group of homeowners in Mt. Pleasant, a suburb outside of Washington D.C., have realized though that there is strength, and more importantly, savings, in numbers. Seventy-five... 

Verizon Makes Its Pennsylvania Fleet ‘Greener’ With 15 Hybrid Vehicles in Philadelphia

Verizon is rolling out 15 hybrid sedans to help conserve fuel and significantly reduce the emission of greenhouse gases in this city. The new vehicles are among the 100 hybrid sedans Verizon is adding to its motor vehicle fleet in seven states and Washington, D.C., replacing gasoline-powered sedans. These hybrid sedans are in addition to the 100 hybrids... 

Reliant Energy to Sell Northeastern Electricity Marketing Assets to Hess Corporation

Reliant Energy announced today it has reached an agreement to sell the Northeastern electricity marketing assets of its retail subsidiaries, Reliant Energy Solutions East and Reliant Energy Solutions Northeast, to Hess Corporation. These subsidiaries provide electricity and related services to more than 300 commercial and industrial customers in Delaware,... 

U.S. Local Business Association Honors Cyclone Power Technologies

Cyclone Power Technologies has been selected for the 2008 Best of Pompano Beach Award in the Engines category by the U.S. Local Business Association (USLBA). The USLBA “Best of Local Business” Award Program recognizes outstanding local businesses throughout the country. Each year, the USLBA identifies companies that they believe have achieved... 

Pritchard Capital Partners Hires Senior Professionals to Expand Sales and Trading Group

Pritchard Capital Partners, an energy investment bank and institutional financial services firm, announced today additional expansions to its institutional sales and trading teams with the addition of Owen Jones and John Joyce. Mr. Jones joins as a senior vice president sales trader based in the Washington, D.C., office and Mr. Joyce joins as a senior... 

Algenol Biofuels Appoints David McCarthy as Vice President to Lead Government Affairs

Algenol Biofuels, developers of DIRECT TO ETHANOL(TM), the most advanced third generation biofuels technology, today announced the appointment of David McCarthy as Vice President. Mr. McCarthy, who most recently served as Chief Counsel for Energy and Environment for the U.S. House of Representatives Committee on Energy & Commerce, will lead government... 

Reliant Energy, Merrill Lynch Agree to Extension

On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October... 

Reliant Energy, Merrill Lynch Agree to Extension

On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October... 

Westinghouse’s Bruschi, Carnegie Mellon’s Dzombak Inducted Into Prestigious National Academy of Engineering

Retired Westinghouse Electric Company Chief Technology Officer Howard J. Bruschi and Carnegie Mellon University Professor David A. Dzombak were inducted into the National Academy of Engineering (NAE) at its annual meeting held at the National Academies Buildings in Washington, D.C., October 5-6, 2008. Mr. Bruschi and Dr. Dzombak were the only engineers... 

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...