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Military Licensee Advent Power Systems Delivers Final License Fee to Cyclone Power

Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments, as well as [...]

Capstone Receives Milestone Payment from UTC Power for C200 Microturbine Build

Capstone Turbine Corporation, the world’s leading manufacturer of microturbine energy systems, today announced that it has received payment from UTC Power, a United Technologies Corp. company, for completion of the “Microturbine Build” milestone as part of the 200kW microturbine development and commercialization program.
The “Microturbine Build” milestone marks the completion of five of the six milestones [...]

GreenSmith Launches Intelligent Distributed Energy Storage System (DESS)

GreenSmith Energy Management Systems, Inc., a leading innovator of intelligent Distributed Energy Storage Systems (DESS), unveiled its proprietary battery unit which shifts electricity load from peak-to off-peak.
The storage system allows utilities to realize measurable reliability and cost benefits by recognizing immediate advantages of the peak versus off-peak arbitrage, ancillary services, efficient distributed energy generation capture [...]

Liberty Power Announces New Electricity Contract with City of Waco

Liberty Power, one of the fastest-growing, independent retail electric providers in the United States, today announced that it has signed a 24-month contract with the City of Waco to supply an estimated 58,000 megawatt-hours of power to the Texas city annually.
Beginning in October, Liberty Power will supply electricity to power the city’s traffic lights, street [...]

Hiland Announces New System Expansion Project and New Organic Growth Construction Project

Hiland Partners, LP today announced a new system expansion project with the signing of an agreement with a third-party producer to construct and operate natural gas gathering pipelines, compression and related facilities around its existing Kinta gathering system in eastern Oklahoma. With the signing of this agreement, the third-party producer has dedicated approximately 7,040 gross [...]

SavWatt LED Street Lights Save Energy and Money

SavWatt USA, Inc., pioneers in LED lighting and the Green revolution, announced today that its high power LED Street Lights are now available for energy saving solutions. Compared to High Pressure Sodium Lamps, SavWatt’s LED street lights can save about 50% – 70% in energy consumption. Additionally, the lifespan of LED street lamps is 3 [...]

Duke Energy Named to Dow Jones Sustainability Index for North America

Duke Energy has been named to the Dow Jones Sustainability Index (DJSI) for North American companies in the electric utility sector.
“We’re especially pleased to have Duke Energy’s sustainability efforts recognized by Dow Jones for the third year in a row,” said Jim Rogers, chairman, president and CEO of Duke Energy. “This recognition validates our efforts [...]

GreenMan Technologies, Inc. Subsidiary Awarded Largest Project in Missouri to Date

GreenMan Technologies, Inc., a leading regional tire recycler of over 12 million scrap tires per year and emerging leader in patented cold-cure recycled rubber molded products, today announced its wholly owned recycled products subsidiary, Welch Products, has been awarded a multiple site playground project in Platte County, Missouri. The agreement was entered into by Welch’s [...]

Cyclone Power Technologies and Its Partners Generate Strong Product Interest at Power-Gen InternationalCyclone Power Technologies

Cyclone Power Technologies reported exceedingly positive feedback at the recent Power-Gen International conference from customers, manufacturers and suppliers for its waste heat recovery and waste oil power generators offered by Phoenix Power Group LLC (PPG) and Clean Burn Inc.
“We felt the show was an absolute success in terms of creating awareness and generating interest among [...]

Hercules Offshore, Inc. Announces Investment in Discovery Offshore S.A.

Hercules Offshore, Inc. announces an investment of $10 million in Discovery Offshore S.A. (“Discovery Offshore”), a newly formed Luxembourg-based company, focused on ownership of ultra high-specification jackup rigs. Discovery Offshore will construct two ultra high-specification jackup rigs, with options for two additional jackup rigs, at Keppel FELS in Singapore. Hercules Offshore will also [...]