Hague Corp, a publicly traded resource exploration company, is pleased to announce that on September 24, 2008 Hague signed a binding letter of intent to purchase all of the assets of Solterra Renewable Technologies, Inc. (“Solterra”). The agreement between Hague and Solterra requires Hague to fund Solterra a total of five million US dollars...
At the Thermodynetics Annual Meeting of Shareholders, the shareholders approved the company’s reincorporation in the State of Nevada and reelected the directors John F. Ferraro, John H. Hughes, Robert A. Lerman and Fred H. Samuelson to serve for another year. Mr. Lerman, the Company’s President and CEO, also announced that the newly formed...
Reliant Energy today completed the previously announced sale of its Bighorn Generating Station for approximately $500 million to Nevada Power Company (DBA NV Energy), a wholly owned subsidiary of Sierra Pacific Resources. Reliant Energy expects to record a pre-tax gain of approximately $45 million during the fourth quarter of 2008 on the sale of the...
NV Energy announced the completion of the acquisition of the 598-megawatt Bighorn Generating Facility from a subsidiary of Reliant Energy, Inc. The purchase by Nevada Power Company, d/b/a NV Energy, amounted to approximately $510 million, including inventory and other closing costs and adjustments. NV Energy, a wholly owned subsidiary of Sierra Pacific...
Ormat Technologies, Inc. announces the successful co-production of geothermal power at a producing oil well. This project marks the first of its kind by providing onsite fuel free power that will increase the productivity and possibly extend the longevity of existing U.S. oil fields. Ormat, in a joint project with the Department of Energy (DOE) at the...
SkyFuel, Inc. today secured its position as the leader in the rapidly growing concentrating solar power (CSP) industry by unveiling the SkyTrough(TM): the highest performance, lowest cost utility-scale solar power system of any kind for generating electricity. With glass-free mirrors, a highly engineered space frame that allows compact transportation...
Altair Nanotechnologies Inc., a leading provider of advanced materials and products for power and energy systems, announced the unveiling of its new corporate brand identity. Supporting the company’s new focus on energy storage in the transportation, stationary power and military markets, the brand identity includes a new logo, tagline, website...
XcelPlus Global Holdings, Inc. announces that it has recently signed a Letter of Intent with Total-Fuels of Las Vegas, Nevada and two developing partners for worldwide marketing rights to their patented technology. The technology allows normal cars to use both E85 and gasoline with the same ease as a new car manufacturer does. The automatic unit already...
Nevada Geothermal Power Inc. announced today the close of US$180 million loan facility on for the construction of the Blue Mountain Phase 1 geothermal power plant with funds and accounts managed by TCW Asset Management Company (TCW). The “Faulkner 1″ geothermal plant will have a capacity of 49.5 MW (gross) and electricity generated will...
PowerGenix, manufacturer of nontoxic, safe, high performance rechargeable nickel-zinc (NiZn) batteries, today announced that it has entered into a supply agreement with PowerEagle, the leading manufacturer of electric bicycles in China. Under the agreement, PowerGenix will supply its NiZn cells for pack fabrication into the entire product line offered...