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Eastman Licenses Reduced Sulfur Start-Up Technology to Hydrogen Energy International

Hydrogen Energy International LLC and Eastman Chemical Company announced they have signed a definitive agreement for Eastman to license to HEI its proprietary Reduced Sulfur Start-Up Technology. This patented technology allows for the operational startup of gasification reactors using a sulfur-free fuel to mitigate a source of sulfur emission during startup events.
Jonathan Briggs, regional director [...]

PACCAR Australia and Westport to Produce Natural Gas Trucks

Westport Innovations Inc. and PACCAR Australia Pty Ltd. announced that the companies will develop and commercialise liquefied natural gas (LNG) Kenworth trucks for the Australian market. Australia’s Kenworth Trucks, a division of PACCAR, plan to begin factory-installed production in mid-2009 beginning with the T908, K108 and T408SAR truck chassis and roll out across additional models [...]

Petro One Calls Meeting to Ratify Shareholder Protection Rights Plan

Petro One Energy Corp. announced that the Board of Directors had approved the adoption of a shareholder protection rights plan (the “Plan”), also known as a “poison pill”.
The fundamental objectives of the Plan are to provide adequate time for the Board of Directors and shareholders to assess the merits of any unsolicited take-over bid, to [...]

Smith International, Inc. Announces Extension of W-H Energy Exchange Offer

Smith International, Inc. and W-H Energy Services, Inc. announced that in order to coincide with the scheduled termination of the Hart-Scott-Rodino (“HSR”) waiting period, the expiration date of the exchange offer to acquire the outstanding shares of W-H has been extended until 12:00 midnight, Eastern time, at the end of Monday, August 18, 2008, [...]

Constellation Energy Receives Unsolicited Proposal From Électricité de France

Constellation Energy confirmed that it has received an unsolicited proposal from Électricité de France (EDF). The main components of EDF’s proposal are:
* EDF would purchase a 50% ownership interest in the nuclear generation and operation business of Constellation Energy (excluding Constellation Energy’s existing interest in the UniStar joint venture) for $4.5 [...]

Modine and Bloom Energy Reach Agreement On Licensing of Fuel Cell Technology

Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, today announced the company has reached a definitive agreement with Bloom Energy, a leading developer of fuel cell-based distributed energy systems, under which Bloom Energy will license certain Modine-developed thermal management technology.
Leading edge companies and research institutions in the United States and [...]

XsunX Thin-Films Generate Strong Module Interest at the Solar Power International 2008 Conference in San Diego, October 14-16

XsunX, Inc., a solar technology company reports on a successful Solar Power International 2008 Conference and Trade Show in San Diego. The Solar Power show is the largest in the U.S.A. with Keynote addresses from California Governor Arnold Schwarzenegger and General Wesley Clark and was sold out attracting large groups of domestic and international buyers [...]

Huaneng Power International, Inc. Unit 6 of Shangan Power Plant Commenced Commercial Operation

Huaneng Power International, Inc. announced that a 600MW supercritical air-cooling coal-fired generating unit (Unit 6) of the Phase III Project at Huaneng Shangan Power Plant, which is wholly owned by the Company, has obtained the approvals from the relevant authorities recently and commenced commercial operation on 1 August 2008. To date, the Company’s total generation [...]

NxtGen Emission Controls Inc. Announces the Close of a $15.4 Million USD Series ‘B’ Investment Led by Altira

NxtGen Emission Controls Inc. announced the closing of a $15.4 million USD Series B investment led by Altira Group LLC. NxtGen is an emerging leader in syngas technology for diesel engine combustion optimization. NxtGen’s technology is making existing and new engines cleaner to meet global emission reduction regulations. It provides a platform for advanced emission [...]

Storm Surge From Hurricane Gustav Has Potential to Overtop New Orleans’ Levees

A strengthening of Gustav to a category 4 hurricane as forecast, could produce a storm surge of between 13 and 18 foot, and may overtop some floodwalls and levees in New Orleans if it were to hit the city, according to catastrophe risk experts, Risk Management Solutions (RMS). This would set a critical test of [...]