Rising Heating Oil Costs Result in Record Savings with Wood Pellets

As homes heating with oil are facing record-level heating bills, consumers heating with wood pellets are suddenly realizing record savings. This January, Popular Mechanics introduced “the high tech, carbon-neutral alternative fuel of the future” – wood. Providing environmental and economic benefits, and a level of convenience unmatched by... 

ZBB Successfully Completes Advanced Electricity Storage Technologies Program

ZBB Energy Corporation, the leading developer of intelligent, renewable energy power platforms, announced today that their ZESS 500 has been deemed a fully operational and validated success. It is installed at CSIRO’s Energy Centre in Newcastle, Australia, as part of the Advanced Electricity Storage Technologies (AEST) program. This marks the... 

Atlantic Power Announces Closing of Cadillac Renewable Energy Acquisition

Atlantic Power Corporation announced today that it has closed the previously announced acquisition of 100% of the membership interests in Cadillac Renewable Energy, LLC (“Cadillac”), a 39.6 MW wood fired facility located in Cadillac, Michigan. The purchase price was $77 million, plus customary working capital adjustments, and was funded by $34... 

Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements.... 

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 —... 

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... 

WorldWater & Solar Technologies Completes Solar Installation at Valley Center Municipal Water District

WorldWater & Solar Technologies Corp., developer and marketer of proprietary high-horsepower solar systems, announced that it has completed installation of a 1.1 MW solar power system for the Valley Center Municipal Water District (VCMWD) of Valley Center, California. The system, which was financed and will be owned, operated, and maintained by... 

Polaris Geothermal Announces Approval of New Tariff and Amendments to Power Purchase Agreement

Polaris Geothermal Inc. announce that its Nicaraguan subsidiary, Polaris Energy Nicaragua S.A., has signed an addendum to the existing Power Purchase Agreement entered into between PENSA and the energy distributor in Nicaragua. The Addendum has also been approved by Nicaraguan utility regulator Instituto Nicaraguense de Energia (“INE”). The... 

SunPower to Build Largest Solar Power Tracking System in Australia

SunPower Corporation, a manufacturer of high-efficiency, solar cells, solar panels, and solar systems, today announced an agreement to build a 505-kilowatt solar power installation for Horizon Power, a government-owned company providing power to remote and regional communities and resource operations in Western Australia. The ground-mounted installation... 

Tenaska Solar and Soltage Invest in Solar Energy Development

Tenaska Solar, LLC announced an equity investment in Soltage, LLC to expand the development and use of solar-generated electricity. Soltage, a privately-held full service renewable energy company, is based in Jersey City, N.J. The company develops, finances, installs, owns and operates solar electricity generating stations which provide electricity...