Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes...
Philadelphia University and MAG are establishing the Philadelphia University MAG Composites Institute for research and development of new textile-based composites that could have wide application in industry, including the aerospace, automotive and energy sectors. The new research institute will be funded in part by $1.1 million from MAG, whose chairman...
STWA, Inc. , an innovative technology company focused on improving the efficiency of large-scale energy transportation networks and reducing fuel consumption and emissions in diesel fleets, announced today that it is set to begin preliminary testing for AOT™ at the U.S. Department of Energy’s RMOTC (U.S. DOE) testing facility in Casper, Wyoming,...
Telvent, the IT company for a sustainable and secure world, announced today that it will be supplying a new Distribution Management System (DMS) for the University of Michigan. Telvent’s DMS, one of the Company’s Smart Operations solutions and part of its comprehensive Smart Grid Solution suite, will help the University achieve its goal...
Novaled developed a 15×15 cm white OLED device with a thickness of less than 2 mm. Die Struktur der OLED stack allows for a natural and warm white light performing a very high color rendering index (CRI) of 90. The perception of this light is similar to sunlight or what is delivered by incandescent bulbs. The achieved color coordinates of (0.44,...
Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments,...
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida. The Company has entered into long-term agreements with Lykes Bros. Inc., a multi-generation Florida agri-business...
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced that it has regained compliance with the continued listing requirements of The NASDAQ Global Market. NASDAQ previously notified Verenium that it had fallen out of compliance with NASDAQ Marketplace Rule 4450(b)(1)(A),...
Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations...
Premier Farnell plc, the leading multi-channel, high service distributor and its companies (Farnell, Newark, Premier Electronics, Farnell-Newark CPC, and MCM), announced the Live EDGE competition will be hosting a series of technical learning and networking events held in a virtual global community, the Live EDGE EcoSphere. Registration and the event...