Utility Industry Executive to Advise CleanTech Biofuels on Renewable Power Production

CleanTech Biofuels, Inc., announced that Dan W. Ziegler, Managing Director of business development for Duke Energy Generation Services, will serve as a consultant to CleanTech Biofuels as it continues to develop its municipal solid waste to renewable power production platform. Mr. Ziegler has over 20 years of experience in the power industry, with extensive... 

History Made with Completion of First Biodiesel Trans-Continental Jet Flight

Leading the way in the biodiesel industry, Lake Erie Biofuels, LLC has made history with co-sponsoring the first ever biodiesel trans-continental jet flight “Green Flight International.” “With Lake Erie Biofuels supporting this project, I had full confidence in the aircraft’s ability to perform at peak capability,” said... 

PECO Begins Second Round of Bidding for Renewable Energy Credits

For the second time in 2008, PECO is inviting renewable energy producers to submit bids to sell alternative energy “credits” to help the company fulfill the requirements of Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) legislation. The details of the request for proposal (RFP) will be discussed in a teleconference on Monday, November... 

Reliant Energy, Merrill Lynch Agree to Extension

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... 

Future Fuels Creates Pennsylvania Clean Coal Project

Future Fuels LLC has created a strategic investment with Immersive Media Corp. in Future Power PA LLC, a wholly-owned subsidiary of Future Fuels. The two parties intend to develop an electricity generation project using state-of-the-art clean coal gasification technology in Schuylkill County, Pennsylvania. A strategic investment by IMC of $5 million... 

Thermal Energy Expands Senior Management and Sales Team

Thermal Energy International Inc. announce the following senior management appointments: Peter Bennett, Sales and Marketing Director, GEM Ltd. Peter Bennett joins the Company as Sales and Marketing Director, GEM Ltd. Mr. Bennett is responsible for the overall leadership and management of UK and European sales, marketing and business development activities.... 

Reliant Energy, Merrill Lynch Agree to Extension

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... 

Exelon Details the Value Creation Opportunities in an Exelon-NRG Combination

Exelon Corporation today filed with the Securities and Exchange Commission and posted to its Web site a presentation for investors with additional details on the value that would be created by its offer to acquire all of the outstanding common stock of NRG Energy, Inc. in an all-stock transaction. “The combination creates clear and compelling value... 

PBS Coals Limited Announces Agreement With Severstal for Take Up and Pay of C$8.30 Offer

PBS Coals Limited announced that the Company’s principal shareholders and the Company have reached an agreement with Mining Holding Company LLC, a holding company in OAO Severstal’s Resource Division and 7027940 Canada Limited, a subsidiary of Severstal Resources, pursuant to which the Offeror has agreed to take up and pay for all common... 

Westinghouse’s Bruschi, Carnegie Mellon’s Dzombak Inducted Into Prestigious National Academy of Engineering

Retired Westinghouse Electric Company Chief Technology Officer Howard J. Bruschi and Carnegie Mellon University Professor David A. Dzombak were inducted into the National Academy of Engineering (NAE) at its annual meeting held at the National Academies Buildings in Washington, D.C., October 5-6, 2008. Mr. Bruschi and Dr. Dzombak were the only engineers...