Longhorn Experiences Marked Increase in Shipments of Product to Southwestern Markets

Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that was financed... 

ZAP Alias Electric Car to Compete for the Progressive Insurance Automotive X PRIZE

The Alias electric car from industry pioneer ZAP has been accepted to compete for the Progressive Insurance Automotive X PRIZE. The Progressive Insurance Automotive X PRIZE (PIAXP) is a technology-neutral competition open to teams from around the world that can design and build production-capable 100 MPGe (miles per gallon energy equivalent) vehicles... 

Suntech and Standard Solar Reach 5 Megawatt Solar Panel Supply Agreement

Suntech Power Holdings Co., Ltd., the world’s leading manufacturer of photovoltaic (PV) modules, and Standard Solar, Inc. are looking forward to powering cleaner energy solutions throughout the Mid-Atlantic U.S. under a new agreement by which Suntech will supply up to 5 megawatts of photovoltaic solar panels to the Maryland-based solar developer... 

RES Americas Announces Completion Of Hackberry Wind Project

Renewable Energy Systems Americas (RES Americas), a national leader in the development and construction of wind power projects, announced completion and commencement of commercial operations of its Hackberry Wind Project, a $350 million wind farm in Shackelford County, Texas. RES Americas is the developer, construction contractor, operator of the project,... 

Obama Stimulus Package to Include $25 Billion for Renewable Energy

Congressional leaders together with Barack Obama’s new Cabinet are planning a $25 Billion stimulus package in order to meet the President-elect’s goal of doubling renewable energy production in the next three years, according to a report in Sunday’s Washington Post. President-elect Obama’s Cabinet favors an $8.6 billion extension... 

Alpha Natural Resources Donates $25,000 to The Nature Conservancy’s Clinch Valley Program

The Nature Conservancy announced today that Alpha Natural Resources has donated $25,000 to the international group to help advance its conservation work in southwestern Virginia’s Clinch River Valley. The gift will support a joint Nature Conservancy and Virginia Department of Mines, Minerals, and Energy (DMME) project to inventory and set priorities... 

AES Subsidiary Secures Financing for 22 MW North Rhins Wind Farm in Scotland

The AES Corporation announced that its wholly-owned subsidiary, Wind Energy (North Rhins), Limited, secured £35.1 million in long-term financing to construct and operate the 22 MW North Rhins wind farm in Scotland, UK. The £35.1 million facility is a non-recourse senior project construction and term loan from Barclays Commercial Bank. The loan is... 

Imara Corporation Introduces Advanced Lithium-Ion Battery Technology for High-Power Applications

Imara Corporation, a research, design and manufacturing company that has developed next generation lithium-ion battery technology, today officially launched and announced its plan to deliver U.S.-based energy storage solutions. Imara’s patented and proprietary battery technology breaks through current barriers of performance and energy capability,... 

Regional Climate Policy Could Damage Minnesota’s Economy

An economic study released today shows a regional cap-and-trade policy would severely handicap Minnesota’s economy, causing sharp increases in energy prices and reducing net employment in Minnesota by 21,000 jobs by 2015. The report, titled “Economic Analysis of the Impact of a Midwest Regional Climate Policy on Minnesota,” was written... 

Shaw Chairman Urges National Commitment to Build Nuclear Power Plants

The Shaw Group Inc. Chairman J.M. Bernhard Jr. called for a national commitment to build up to 50 nuclear power plants by 2030, telling a gathering of power industry leaders that the jobs, clean electricity and energy independence created by a “nuclear renaissance” offer a unique platform to achieve the “hope and change” pledged by President-elect...