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Hydrogenics to Provide Fuel Cells to CommScope, Inc. for Back-Up Power in Telecom Centers

Hydrogenics Corporation, a leading designer and manufacturer of hydrogen electrolyzers and fuel cell systems, announced today that it will deliver Fuel Cell Power Modules along with Hydrogenics power conditioning and controller modules, to CommScope, Inc. to provide extended run and environmentally friendly backup power systems to leading telecom carriers worldwide. The CommScope family of products [...]

Power-Save Energy Company Announces Positive Second Quarter Financial Results

Power-Save Energy Company, an emerging leader in the renewable energy and energy savings products industry, today announced its fiscal second quarter earnings for the period ending June 30, 2008.
Revenue for the three months ended June 30, 2008 was $1,460,469 compared to $582,548 for the three months ended June 30, 2007, an increase of $877,915 or [...]

Oil industry tallies up damage from Gustav

Initial inspections of the Gulf Coast’s extensive energy complex confirmed Tuesday that Hurricane Gustav was nowhere near as destructive as Katrina and Rita three years ago, but resumption of production and refining may be a few days away, or more.
Oil companies, rig and pipeline owners and refiners spread out across the region to look for [...]

Cummins Power Generation Announces Price Increase

Cummins Power Generation, a division of Cummins Inc., announces price increases for its commercial generator set products between 15 kW and 2700 kW. Prices of generator sets and transfer switches in North America will rise between 2 and 7 percent and are effective Jan. 1, 2009.
This increase is due primarily to rising commodity and fuel [...]

Plutonic Power Corporation Announces Closing of $70.35 Million Bought Deal

Plutonic Power Corporation announce the closing of its recently-announced bought deal financing, raising gross proceeds of $70,350,000 by the sale of 21,000,000 Common Shares at a price of $3.35 per share. The financing was underwritten by a syndicate of underwriters co-led by Cormark Securities Inc., GMP Securities L.P. and Macquarie Capital Markets Canada Ltd., and [...]

Kandu Partners to Oppose Servidyne Increase of Authorized Shares

Kandu Partners, L.P. and its management (“Kandu”), which beneficially owns 863,458 shares of common stock (or approximately 23%) of Servidyne, Inc. (Nasdaq: SERV), today announced that it intends to vote against the proposed amendment to Servidyne’s articles of incorporation at the Servidyne 2008 annual meeting of shareholders that would increase the number of authorized shares [...]

Amiworld Announces Appointment of New Independent Auditor

Amiworld, Inc., an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, announced that it has engaged Stark Winter Schenkein & Co., LLP, a Denver-based firm as its new independent registered public accounting firm to perform Amiworld’s annual financial statement audit, as [...]

Inergy Receives “Impact Award” From National Association of Small Business Investment Companies

Inergy, L.P. announced that The National Association of Small Business Investment Companies (NASBIC) has named Inergy a recipient of its 50th Anniversary “Impact Awards.” Inergy is being honored at a luncheon presentation today during the NASBIC’s 50th Annual Meeting & Private Equity Conference.
Inergy – along with Intel, the world’s largest semiconductor company, and Quiznos, [...]

THINK Delivers Its First U.S.Built Electric Cars

THINK™, the world’s leading dedicated electric vehicle maker, has delivered its first U.S.-built cars to the State of Indiana for use in its government fleet. The 15 vehicles, which were shipped from THINK’s manufacturing facility in Elkhart, Ind., will be the first electric passenger vehicles with American-made, Lithium-ion batteries used in a U.S. fleet [...]

Constellation Energy to Sell Downstream Gas Business

Constellation Energy announced it has reached a definitive agreement to sell its Houston-based downstream natural gas unit to Macquarie Group. Terms were not disclosed.
The pending divestiture is one of several strategic initiatives the company has undertaken in recent months to reduce risk in its merchant businesses and improve liquidity through the return of posted [...]