Ocean Power Technologies Wins New $3 Million Contract from US Navy

Ocean Power Technologies, Inc. announce that it has been awarded a new $3 million contract for participation in the second phase of the US Navy’s Deep Water Active Detection Systems (“DWADS”) program, which is designed to utilize sophisticated data gathering and communications systems. This advanced technology program has prospective applications... 

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ReneSola Secures Additional Credit Lines from Two of China’s Largest Banks

ReneSola Ltd, a leading Chinese manufacturer of solar wafers, announced that its principal operating subsidiary Zhejiang Yuhui Solar Energy Source Co. Ltd. has secured additional banking facilities with two of China’s largest banks: Industrial and Commercial Bank of China and Agricultural Bank of China. The Banks have agreed to provide Zhejiang... 

IntercontinentalExchange, The Clearing Corporation and Nine Major Dealers Announce New Developments in Global CDS Clearing Solution

IntercontinentalExchange, Inc., a leading operator of global regulated futures exchanges and over-the-counter (OTC) markets, and The Clearing Corporation (TCC), today announced new agreements intended to advance their previously announced joint global clearing solution for Credit Default Swaps (CDS). Together with nine of the major global investment... 

Linda Lorelle Scholarship Chosen as Hunting Art Prize Charity for a Second Year

Hunting PLC has announced that it will once again donate proceeds from the Hunting Art Prize to the Linda Lorelle Scholarship Fund, a Houston-based charity that provides scholarships, support and ongoing guidance to Houston-area high school students in need of financial and career assistance to fulfill their academic potential throughout their college... 

Hydro International Supplies Reg-U-Flo Vortex Valves to Alleviate Flooding in Ottawa

Hydro International, a leading provider of environmentally sustainable products and innovative solutions that control and treat stormwater, wastewater and combined sewer overflows, today announced an agreement to supply the City of Ottawa, Canada, with 940 Reg-U-Flo® Vortex Valve inlet control devices to alleviate basement flooding in the downtown... 

Ocean Power Technologies Launches PowerBuoy for US Navy

Ocean Power Technologies, Inc. announces that it has installed and commissioned one of its autonomous PowerBuoy® systems off the coast of New Jersey under contract from the US Navy in connection with a unique program for ocean data gathering. The Navy’s Deep Water Active Detection System (“DWADS”) program is designed to utilize sophisticated... 

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UOP and Ensyn to Form Joint Venture to Offer Second-Generation Biomass Technology

UOP LLC, a Honeywell company, announced today that it has signed a letter of intent with Ensyn Corp to form a joint venture to offer technology and equipment to convert second-generation biomass into oil for power generation, heating fuel and eventually for conversion into transportation fuels. UOP and Ensyn expect to finalize terms for the venture... 

Ricardo Creates New Strategic Business Group to Focus on Hybrid Vehicle Development

Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world’s automotive, military, transport and new energy industries, today announced the formation of a dedicated global strategic business group to focus the company’s state-of-the-art resources in technology, facilities and engineering... 

China Holdings, Inc. Announces Development, Investment & Construction of Inner Mongolia Ontniute Wind Energy Power Plants

China Holdings, Inc., a global diversified asset holdings company and its subsidiaries, headquartered in the U.S., engaged in multiple China-focused business activities including energy, clean energy, resources, utilities, and finance, today announced the Company, and its controlled subsidiary: China Power, Inc. have executed a three(3) year development,... 

Honeywell Helps California Schools Soak Up the Sun, Cut Utility Bills

The U.S. Department of Energy estimates that the nation’s schools spend an average of $175 per student on energy costs — a figure that continues to rise every year. Overall, utility bills are the second largest expense behind personnel costs At the same time, there is a growing awareness across the country about environmental impact and...