Reliant Enters Into Definitive Agreement Related to Previously Announced Commitment With First Reserve

Reliant Energy announced that it has entered into a definitive agreement with an affiliate of First Reserve Corporation related to Reliant’s previously announced commitment for the issuance of $350 million of Reliant convertible preferred stock to First Reserve. The company noted that the definitive agreement is based on the terms outlined in the... 

Rooftop Solar Power Now the Best Investment Under the Sun

With today’s passage of the Economic Stabilization Act of 2008 — which includes the best incentives for solar power in a generation — Akeena Solar, Inc., one of the nation’s leading designers and installers of solar power systems, believes the key elements are now in place for unprecedented growth in residential solar adoption. “Finally,... 

Capstone Announces Three Unit C1000 Order from Aquatec-Maxcon

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, today announced that it received a follow on order for three C1000 systems from Aquatec-Maxcon Pty Ltd, its distributor for the Australian market. The order is for Capstone C1000 MicroTurbine® systems to be installed by a coal seem gas... 

Liberty Power Announces New Electricity Contract with City of Waco

Liberty Power, one of the fastest-growing, independent retail electric providers in the United States, today announced that it has signed a 24-month contract with the City of Waco to supply an estimated 58,000 megawatt-hours of power to the Texas city annually. Beginning in October, Liberty Power will supply electricity to power the city’s traffic... 

Capstone Turbine Signs Agreement to Supply Its Proprietary Air Bearing Technology to Barber-Nichols

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has signed a supply agreement with Barber-Nichols, Inc. for Capstone’s air bearing technology for use in non-competitive equipment manufactured and sold by Barber-Nichols. Under the terms of the agreement Capstone... 

New Jersey Resources Ranks in the Top 10 of the Fortnightly Best Energy Companies

New Jersey Resources (NJR) has been recognized as one of the top 10 best energy companies in the annual Fortnightly 40, published by Public Utilities Fortnightly magazine. The list, in its fourth year of publication, ranks the 40 best U.S. investor-owned utilities and other companies active in the electric power and natural gas industries based on their... 

Alliance Announces Expanded Business Model

Alliance Recovery Corporation (“Alliance” or the “Company”) is pleased to announce that as a result of moving forward with our plans to construct a national showcase in southern New Jersey and the positive reaction to our alternative energy system, Alliance has expanded our business model for future installations and will now be targeting larger... 

PSE&G Prepared for Tropical Storm Hanna

Public Service Electric and Gas Co. (PSE&G) is prepared for the remnants of Tropical Storm Hanna, a storm system that could bring strong winds and heavy rain to New Jersey this weekend. PSE&G has all available personnel scheduled throughout the weekend to quickly respond and restore service should the inclement weather result in outages. PSE&G... 

PSEG Named One of the ‘Best Places to Launch a Career’

Public Service Enterprise Group was named one of the country’s “Best Places to Launch a Career” in BusinessWeek’s third annual list, released today on its website. The Best Places to Launch a Career ranking is based on three separate surveys: a BusinessWeek poll of career-services directors at U.S. colleges; a survey of 40,000... 

Foster Wheeler Enters into License Contract for Advanced Pulverized-Coal Technology in Korea

Foster Wheeler Ltd. announced today that a subsidiary of its Global Power Group has entered into a fifteen-year agreement with Bumwoo ENG Co., Ltd. to provide an advanced technology license for wall-fired subcritical and supercritical pulverized-coal (PC) steam generators to be sold in South Korea. The terms of the agreement were not disclosed. The...