New Green Technologies, Inc., announces that it has entered a bid to turn wood waste into energy via its CAVD technology in Alberta, Canada. NGRN and Green Energy Solutions, Inc. (GES), have entered into a joint venture to establish a large scale project on First Nation land in Edmonton, Alberta, Canada. This site was selected as it contains a primary...
At a Press & Investor Conference at The Geological Society of London on 30th October 2008, Professor Kenneth Hsu, Director of Kenneth Hsu Consulting (UK), announced the company’s technological inventions, to alleviate the global energy, water, environmental and economic crises, to an audience which included Chinese government officials, overseas...
Today, the Council on Competitiveness announced that The Honorable Alexander “Andy” Karsner has joined the Council on Competitiveness as a Distinguished Fellow. Karsner, who recently left his post as Assistant Secretary of Energy for Energy Efficiency & Renewable Energy, brings extensive public and private sector experience to the position....
On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October...
Global Clean Energy Holdings, Inc., a Los Angeles based biofuel feedstock development and operations company, announced today the acquisition of Technology Alternatives Ltd. (“TAL”), a Belizean based Jatropha producer, for stock and the assumption of existing debt. TAL owns and operates a 400 acre actively producing Jatropha farm in subtropical...
Altira Group LLC, a pioneer and leader in venture capital and private equity funding for energy technology companies, today announced a seven Million dollar investment in Eco Power Solutions (Eco Power), of Quincy, MA. Altira’s investment in Eco Power was made from its Altira Technology Fund V — a $176 Million fund focused on venture capital...
As the petrochemical industry intensifies its global search for new chemical feedstock sources, a growing number of companies are looking closely at Africa’s largely underdeveloped and potentially vast hydrocarbon and mineral resources as an alternative source of supply. In a soon-to-be-initiated study—The African Petrochemical and Fertilizer Industry:...
Echo Satellite Communications, Inc. announced that it has entered into a letter of intent to acquire the assets of Houston, Texas-based Xeric Oil & Gas Corp. (“Xeric”). The transaction gives ECSC working interests in more than 200 productive oil, natural gas and water disposal well properties located in Montana, New Mexico and Wyoming. ECSC...
GE Energy announced today that EDF Energy Networks is installing GE’s power distribution management software system to help manage EDF’s London electricity distribution network. The new distribution system completes the final phase in EDF’s integration strategy that will benefit eight million customers in the United Kingdom. Since privatization...
Renew Energy Resources, Inc., announced that its wholly owned subsidiary, Legacy Oil, Florida, (Legacy) has executed a term sheet for a production partnership including a long term feedstock supply agreement for recycled waste vegetable oil (RWVO) with EnerSight Fuels, Inc (EnerSight). As part of Renew’s vertical integration business model, Renew...