Sunovia Energy Technologies, Inc. announced that former U.S. Under Secretary of Commerce Kenneth I. Juster has agreed to serve as a senior advisor on the company’s advisory board. Under Secretary Juster will provide strategic counseling and assistance on a range of issues relating to public policy and international commerce. Sunovia, an early-stage...
Hague Corp, a resource exploration company, is pleased to announce that Solterra Renewable Technologies, Inc. (“Solterra”) has concluded the worldwide exclusive license with the William Marsh Rice University for intellectual property which includes the “Synthesis of Uniform Nanoparticle Shapes with High Selectivity.” The licensing agreement...
Timminco Limited announced that its Credit Agreement with Bank of America, N.A. has been amended to increase the maximum revolving credit line to US$50.0 million from US $32.8 million. The Revolver bears interest at US prime rate plus 0.5% to 1.25%, does not require minimum repayments and is secured by Timminco’s assets. The availability of the...
Sharp, a world leader in solar cell production, announced today at Solar Power International 2008 that it will introduce next generation thin film solar cells in the U.S. market in the near future. With its thin film solar product, Sharp will be capable of handling multi-megawatt, large-scale utility projects that are best served by a thin film solar...
Satcon Technology Corporation, a leading provider of utility scale renewable energy solutions for distributed power markets, announced today the sale of its Electronics and Motors divisions for cash proceeds of $5.6 million as part of its overall strategic restructuring plan. The divestiture of these non-strategic businesses will enable Satcon to focus...
Applied Materials and SunPower Corporation announced completion of two SunPower solar power systems totaling 2.1 megawatts at Applied Materials’ corporate facilities in Sunnyvale, Calif. The systems represent the largest solar power deployment at a corporate facility in the United States. “This is another exciting milestone in the adoption...
Detroit Edison officials submitted to the U.S. Nuclear Regulatory Commission a Combined License Application for a possible new nuclear power plant at the site of the company’s existing nuclear plant near Newport, Mich. “It is satisfying to reach this significant milestone, which is necessary if we are to maintain the option of building a...
Quantum Fuel Systems Technologies Worldwide, Inc. announced that its German solar photovoltaic partner, Asola has signed a Memorandum of Understanding to establish a joint venture manufacturing plant in South Korea, to enable production and distribution of high quality, German-designed solar modules in South Korea. The Korean partner Q&Tech / Yongsan...
The Fluxite Research Facility, designed to be one of Canada’s most advanced alternative energy research facilities, is opening on October 1st, 2008. Located in Edmonton, Alberta, the Fluxite Research Facility is wholly owned by Canadian Entrepreneurs that fund the research and development of alternative energy sources. The group has secured Mr....
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...