Infinity Secures Additional Financing and Enters Into Forbearance Agreement With Amegy Bank, N.A.

Infinity Energy Resources, Inc. an independent oil and gas exploration and development company, today announced that it has secured $1,050,000 in additional financing and entered into a Forbearance Agreement (the “Agreement”) dated February 16, 2011 with Amegy Bank, N.A. (“Amegy”) under the Loan Agreement, dated January 9, 2007,... 

Magnetek Announces Second Quarter Fiscal 2011 Results

Magnetek, Inc. today reported the results of its 2011 fiscal second quarter ended January 2, 2011. Second Quarter Results In its second quarter of fiscal 2011, Magnetek recorded revenue of $26.1 million, a 36% increase from the second quarter of fiscal 2010 and a 5% sequential increase from the first quarter of fiscal 2011. The increase in sales from... 

Global Oil and Gas Upstream M&A 2010 Review

Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume... 

Piper Jaffray Hosts Sixth Annual Clean Technology and Renewables Conference

Piper Jaffray will host its sixth annual Clean Technology & Renewables Conference on Jan. 12 in New York. Industry participants and investors will hear from more than 80 of the fastest growing public and private companies in the solar, wind, smart grid, energy storage, LED, biofuels, water, automotive efficiency, and other clean technology sectors. “Piper... 

Cyclone Power Technologies and Its Partners Generate Strong Product Interest at Power-Gen InternationalCyclone Power Technologies

Cyclone Power Technologies reported exceedingly positive feedback at the recent Power-Gen International conference from customers, manufacturers and suppliers for its waste heat recovery and waste oil power generators offered by Phoenix Power Group LLC (PPG) and Clean Burn Inc. “We felt the show was an absolute success in terms of creating awareness... 

SCHOTT Solar PV, Inc. and Consolidated Solar Technologies Inaugurate Photovoltaic Solar Installation at Belen High School

SCHOTT Solar PV, Inc. (SCHOTT Solar) and Consolidated Solar Technologies (CST) today inaugurated a 50kW photovoltaic (PV) solar power system at Belen High School. The system was funded through a grant system initiated last year by Governor Bill Richardson using funds from the American Recovery & Reinvestment Act (ARRA). Belen is one of 15 school... 

Crews Begin Hanging Panels on Largest Solar Array in Martin County

The largest solar energy array in Martin County began construction a little over 4 weeks ago after the town was able to quickly issue permits to the solar energy contractor, Abundant Energy Inc. (http://www.abundantenergy.com). Though South Florida solar energy companies have been making little headway in the commercial energy market with the exception... 

OriginOil Announces the Completion of Phase 1 Research Project with Department of Energy’s Idaho National Laboratory

OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL). OriginOil... 

Energy Recovery, Inc. PX Devices to Be Implemented at Southern Seawater Desalination Plant in Australia

Energy Recovery, Inc., a leader in the design and development of energy recovery devices for desalination, today announced that its PX Pressure Exchanger™ (PX™) devices will be implemented at the Southern Seawater Desalination Plant (SSDP) in Western Australia. To be constructed by the Southern Seawater Alliance (SSWA) — a joint venture between... 

Cano Petroleum Announces Recently Settled Lawsuit

Cano Petroleum announced that it recently settled the pending lawsuit with Southwestern Public Service Company d/b/a Xcel Energy, Inc. related to wildfires that occurred in the Texas Panhandle in March 2006. While the terms of the settlement were not disclosed, the result will be the dismissal of this case, which previously was set for trial on February...