Westinghouse Electric Company and The Shaw Group Inc. announced they have signed a letter of intent (LOI) to form a joint venture to fabricate and assemble structural and equipment modules for AP1000(TM) nuclear power plants to be built in the United States and selected global markets in which in-country supply is not available.
Under terms of [...]
On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October 31. [...]
SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels, and solar systems, and GE announced today the completion of a 1.1-megawatt solar-electric power system on the roof of HP’s printing technology research and development facility in San Diego. The companies are jointly dedicating the system today at the HP site.
SunPower is also [...]
Diversified industrial manufacturer Eaton Corporation announced that Craig Reed has been elected senior vice president – Supply Chain Management. Reed will report to Richard D. Holder, executive vice president – Eaton Business System. In this role, Reed will be responsible for global sourcing and supply chain management. He will be based in Cleveland, Ohio.
“Craig’s extensive [...]
QR Energy, LP, a Delaware limited partnership announced today that the Board of Directors of its general partner has elected Stephen A. Thorington as an independent director.
Mr. Thorington served as Executive Vice President and Chief Financial Officer of Plains Exploration & Production Company from 2002 until he retired from that position in 2006. He [...]
Thermal Energy International Inc. announce the following senior management appointments:
Peter Bennett, Sales and Marketing Director, GEM Ltd.
Peter Bennett joins the Company as Sales and Marketing Director, GEM Ltd. Mr. Bennett is responsible for the overall leadership and management of UK and European sales, marketing and business development activities. This includes expanding market presence and [...]
Eastern Kentucky University will be reducing its carbon impact and its energy bill even more than it anticipated last spring when the school announced plans to team with Siemens Building Technologies, Inc., and embark on a comprehensive program designed to boost the energy efficiency of facilities campus wide.
After Siemens completed its energy audit of EKU [...]
“America’s leading CEOs consider recent increases in energy prices to be a serious threat to our nation’s economic growth. Today, Business Roundtable sent a letter to Congress outlining our recommendations to address the energy crisis.
“Business Roundtable members call on the president and Congress to work toward bipartisan, long-term solutions that develop all available energy sources. [...]
Dresser-Rand Group Inc., a global supplier of rotating equipment to the oil, gas, petrochemical, and process industries, announced today that its affiliates have entered into two acquisition agreements. Each is consistent with the company’s strategy of acquiring products, services, and technologies that offer access to new markets or enhance current market positions, and each will [...]
SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a customer contract with German solar power plant integrator City Solar Kraftwerke AG.
Over the next three years, SunPower will provide City Solar with solar panels and commercial rooftop and ground mounted systems. This includes at [...]