Wall Street up on energy shares after Japan quake

Stocks rose on Friday, led by gains in energy shares after Japan’s biggest earthquake on record hurt the country’s oil refining capacity, but trade was choppy as investors tried to weigh the quake’s economic impact. The 8.9 magnitude quake that struck the northeast coast of Japan, the world’s third largest economy, triggered... 

Alpha agrees to buy Massey Energy for about $7.1 billion

Alpha Natural Resources said on Saturday it agreed to a $7.1 billion deal to buy Massey Energy Co, which was rocked by a deadly coal mining accident last year. The deal — the latest in a wave of consolidation sweeping the industry — creates the second largest U.S. coal miner by market value, holding 110 mines and combined coal reserves of... 

Kalahari Greentech’s Tri-Brid Solar Collector Has a Revenue Potential of $973 Million

Kalahari Greentech, Inc. released a statement today discussing the company’s revenue projections for 2011. According to the American Housing Survey, there were 128,203,000 housing units in the United States in 2007 (Source: www.census.gov). If only one tenth of 1% of the approximately 128 million housing units were to purchase the Tri-Brid Solar... 

Senior Banking Executive Named to PPL Corporation Board

PPL Corporation announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011. Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial... 

Alpha Natural Resources Donates $25,000 to The Nature Conservancy’s Clinch Valley Program

The Nature Conservancy announced today that Alpha Natural Resources has donated $25,000 to the international group to help advance its conservation work in southwestern Virginia’s Clinch River Valley. The gift will support a joint Nature Conservancy and Virginia Department of Mines, Minerals, and Energy (DMME) project to inventory and set priorities... 

State of Illinois, FutureGen Partners Highlight Significant Progress and Unwavering Commitment to Bring Project Home to Mattoon

Illinois Department of Commerce and Economic Opportunity Director Jack Lavin today assembled national, state and local partners to announce new developments in the state’s effort to secure the landmark FutureGen clean energy project. The progress report included new geophysical data that confirm the suitability of the Mattoon host site to securely... 

Defense Energy Support Center Selects EnerNOC as an Approved Demand Response Provider

EnerNOC, Inc., a leading developer and provider of clean and intelligent energy solutions, announced today that it has been selected by the Defense Energy Support Center (DESC) as an approved demand response provider, allowing EnerNOC to pursue federal and military facilities throughout the United States. “DESC encourages federal and military installations... 

AmerenUE, Saint Louis University Join Forces to Launch Pioneering Weather Monitoring, Forecasting, Response System

AmerenUE and Saint Louis University’s Department of Earth and Atmospheric Sciences today announced Quantum Weather(TM) – a highly precise weather monitoring, forecasting, and response system for UE’s Missouri service territory. Part of UE’s Project Power On reliability initiative, this pioneering system can pinpoint severe weather... 

Dresser-Rand Invests In the Development of Game-Changing Compressor Technology Focused on Green Energy

Dresser-Rand Group Inc. announced that Dresser-Rand has made an investment in Ramgen Power Systems, LLC, and further expects to support Ramgen’s ongoing development work. Dresser-Rand’s funding will help satisfy Ramgen’s requirement with the Department of Energy’s National Energy Technology Lab to obtain private matching funds... 

Duke Energy Signs Used Fuel Contract for Proposed Lee Nuclear Station

Duke Energy has signed a contract with the U.S. Department of Energy (DOE) for the disposal of used nuclear fuel generated at its proposed William States Lee III Nuclear Station. The contract provides for the DOE’s acceptance and permanent disposal of all fuel from the station. For this service, the company will pay a $1 per megawatt-hour fee...