Green Energy Resources Building Asset Base While Remaining Debt Free

Green Energy Resources is working to acquire as much as one million tons of hurricane wood in Southeast Texas. Green Energy Resources is the first company to actively work with a storm contractor under FEMA’S new PA-Pilot program implemented in 2008 . The PA-Pilot program is intended to recycle storm damaged wood. The program was implemented in... 

Ethiopia Signs $285M Deal for Huge Wind Farm

The Ethiopian Electric Power Corporation (EEPCo) signed a €210 million ($285 million) deal with French wind turbine maker Vergnet today for 120 1-megawatt wind turbines. This is a huge project for the developing country, potentially representing 15 percent of EEPCo’s present capacity. Delivery of the turbines is scheduled to start next year with... 

Penn Virginia Confirms Fundamentals for Business Segments; Raises Quarterly Cash Distributions

Penn Virginia Resource Partners, L.P. and Penn Virginia GP Holdings, L.P. announced both PVR and PVG raised their quarterly cash distributions for the seventh and eighth consecutive quarters, respectively, as discussed further below. Management Comment A. James Dearlove, Chief Executive Officer of PVR and PVG, said, “PVR’s coal royalty and midstream... 

SkyFuel Unveils the SkyTrough: the World’s Highest Performance, Lowest Cost Utility-Scale Solar Power System

SkyFuel, Inc. today secured its position as the leader in the rapidly growing concentrating solar power (CSP) industry by unveiling the SkyTrough(TM): the highest performance, lowest cost utility-scale solar power system of any kind for generating electricity. With glass-free mirrors, a highly engineered space frame that allows compact transportation... 

Horizon Wind Energy Inaugurates its 13th Wind Farm in the U.S.

Horizon Wind Energy, LLC, a leading wind energy company, owned by EDP Renovaveis, the 4th largest wind energy player in the world, announced today that it will start producing clean, renewable energy, this week, at its Rattlesnake Road wind farm in the State of Oregon. Located in Gilliam County, Rattlesnake Road Wind Farm has an installed capacity of... 

ProLogis to Participate in National Study on Energy-Saving Technologies and Design Solutions for Commercial Real Estate Buildings

ProLogis, the world’s largest owner, manager and developer of distribution facilities, announced today that it will participate in a new, national study sponsored by the U.S. Department of Energy (DOE) to speed market adoption of current technologies and design solutions that yield significant, measurable energy savings for commercial buildings. In... 

MidAmerican Energy Holdings Company Reaches Tentative Agreement to Acquire Constellation Energy

MidAmerican Energy Holdings Company and Constellation Energy announced the companies have reached a tentative agreement in which MidAmerican will purchase all of the outstanding shares of Constellation Energy for a cash consideration of approximately $4.7 billion, or $26.50 per share. The companies expect to enter into a definitive merger agreement... 

William Blair & Company Publishes Two Reports on the Energy Industry

William Blair & Company, L.L.C. announced the publication of two comprehensive reports on the energy industry—one covering alternative power generation, titled “Next-Generation Energy Technology,” and the other focusing on replacement fuels and alternative transportation, titled “Alternative Energy in the Transportation Sector: Fossil Fuels... 

JA Solar Provides Statement On Lehman Brothers Relationship

On May 19, 2008, JA Solar Holdings Co., Ltd. closed its public offerings of $400 million aggregate principal amount of senior convertible notes due 2013 and up to 13,125,520 American depositary shares, or ADSs, which ADSs were borrowed by Lehman Brothers International and Credit Suisse International, affiliates of Lehman Brothers Inc. and Credit Suisse... 

StealthGas Inc. Announces Agreement to Construct Four New 156,000 Deadweight Suezmax Tankers

StealthGas Inc., a ship owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that it has ordered two new 156,000 deadweight Suezmax crude Oil Tankers with an option to order two additional such vessels. Delivery of the first vessel is expected in May-July 2011 and delivery...