PJM Moves Toward Pay-for-Performance Pricing

Beacon Power Corporation a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that the PJM Interconnection recently began the formal process to implement pay-for-performance regulation pricing in its geographic area, the largest electricity market in the... 

Honeywell’s UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

UOP LLC, a Honeywell company, announced that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China. Under the terms of the agreement, announced at the 20th meeting of the China-U.S. Joint Commission on Commerce and Trade... 

Mascoma Expanding Its Leadership Team as Company Accelerates Towards Commercialization

Mascoma Corporation announced several management reconfigurations, as the company moves into its commercial development phase. Mascoma has developed proprietary technology, called Consolidated Bioprocessing (CBP), which enables the production of sustainable, low carbon cellulosic ethanol. This technology has been proven in Mascoma’s Rome, New York... 

Springboard Biodiesel Announces Patent-Pending Biodiesel Processing Acceleration Technology

Springboard Biodiesel, announced today that it has developed patent-pending biodiesel processing acceleration technology that doubles the capacity of its BioPro biodiesel processors. Springboard Biodiesel’s processing line will now comfortably serve users with an even broader range of processing needs — up to 36,000 gallons annually —... 

GE Oil & Gas Helps National Grid Complete Inspection of NYC Gas Pipeline

GE Oil & Gas’ PII Pipeline Solutions group has helped National Grid USA complete a challenging inspection of a decades-old natural gas pipeline running under the busy streets of New York City, showcasing the heightened efforts of operators to evaluate the condition of pipelines located in high-population areas around the country. National... 

Verenium Announces First Commercial Cellulosic Ethanol Project

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... 

Sigma Signs Definitive Agreement for Acquisition of Zensys

Sigma Designs, a leader in digital media processor SoC’s for consumer electronics, announced that it has signed a definitive agreement to acquire Zensys Holdings Corporation, a wireless start-up company. Zensys, headquartered in Fremont, California, is an innovative developer of single-chip RF solutions called Z-Wave® that has already been designed... 

Foster Wheeler Announces Proposed Redomestication from Bermuda to Switzerland

Foster Wheeler Ltd. announced that its board of directors has unanimously approved the redomestication of the company from Bermuda to Switzerland. Foster Wheeler’s shareholders will be asked to vote in favor of the proposal at a shareholders meeting expected to be scheduled for January 2009. If approved by shareholders, and subject to the approval... 

Integrated Solutions Required to Meet Energy Challenge, ExxonMobil Says in New Outlook for Energy: A View to 2030

An integrated series of solutions will be required to manage increases in global energy demand and greenhouse gas emissions that will result from population growth and economic expansion, Exxon Mobil Corporation said, releasing the corporation’s Outlook for Energy: A View to 2030. “The world needs to meet the ever-growing need for reliable and affordable... 

Dynamotive Signs Agreement for Development of Plant in China

Dynamotive Energy Systems Corporation announced that it had entered into a commercial agreement to support the development of a pyrolysis plant in China based on its proprietary technology. In accordance with the agreement, Dynamotive will provide process and engineering support for the development of a plant to be located in the Henan province in the...