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... 

Textron Reaches Agreement to Sell Fluid & Power Unit to Clyde Blowers for up to $645 Million

In a significant move, further advancing its portfolio strategy, Textron Inc. announced that it has reached a definitive agreement to sell its Fluid & Power business unit to Clyde Blowers Limited, a UK-based worldwide leader in the areas of power, materials handling, intermodal transport and logistics and pump technologies, for up to approximately... 

Nexant Launches New Dusseldorf Office to Serve European Chemical and Energy Clients

Nexant, a leading provider of consulting services and technology solutions to the global chemical and energy industries, announced today that it has opened a new European office in Düsseldorf, Germany. “The German chemical industry is a major force in global chemicals,” said Dr. Andrew Spiers, Nexant senior vice president responsible for global... 

EESTECH CCS Project Developments Strengthened by HTC, Doosan Babcock Agreement

EESTECH with facilities in Queensland, Australia is set to benefit from the strategic Licensing Agreement recently signed between HTC Canada, Doosan Babcock Energy, UK and Doosan Heavy Industries and Construction of South Korea. This agreement will further advance HTC as a world leader in the development and deployment of Carbon Capture and Storage... 

EESTech and Dagang Power, China Sign MOU for Carbon Capture Project

EESTech Inc. and Tianjin DaGang Huashi Power Generation Co. Ltd have signed an MOU to establish a Carbon Capture and Storage (CCS) project using EESTech’s carbon management and storage technology. Dagang will use one of its two 330MW power units to demonstrate the capture of CO2 from its flue gas stream and then transport the CO2 for Geosequestration... 

Duke Energy Seeks Solar Suppliers to Launch $100 Million Solar Plan

Duke Energy Carolinas is seeking bids from solar power companies to supply solar panels, electrical equipment and installation services as part of the utility’s proposed $100 million North Carolina solar plan. Starting in early 2009, Duke Energy wants to install electricity- generating photovoltaic solar panels at up to 850 North Carolina sites,... 

Agreement With Leading CO2 Capture Technology Firm, HTC Purenergy, Puts Doosan Babcock and the UK at Forefront of Carbon Capture Technology

Doosan Babcock jointly with Doosan Heavy Industries of Korea have announced a Global Technology Licensing Agreement with a leading Canadian CO2 management technology company, HTC Purenergy Inc. (“HTC”). In conjunction with the Licensing Agreement, Doosan Babcock and Doosan Heavy Industries will subscribe to a Private Placement for an approximate... 

EESTECH and AGL Energy Sign Agreement to use Australian Developed Technology to Provide Clean Energy from Waste

EESTECH Inc. and AGL Energy Limited have signed an MOU to establish a demonstration project using EESTECH’s patented Hybrid Coalmine Gas Technology (HCGT). HCGT utilizes ventilated coalmine methane gas that would otherwise be vented to the atmosphere, as a fuel source to generate reliable, cost-effective and cleaner forms of energy. Methane gas... 

AltaRock Energy Finalizes Deal with Weyerhaeuser to Explore Engineered Geothermal System (EGS) Potential on 667,000 Acres in California, Oregon and Washington

AltaRock Energy Inc. announced it had finalized agreements with Weyerhaeuser Company and the Weyerhaeuser Company Foundation allowing it to explore the potential for developing geothermal projects in California, Oregon, and Washington. The geothermal rights, totaling nearly 667,000 acres, include approximately 25,400 acres in Northern California, 378,500... 

America Has the Ability, Talent to Meet Climate Challenge

Below are excerpts from a speech Duke Energy Chairman, President and CEO Jim Rogers gave Aug. 21 to the World Affairs Council of Charlotte. I believe it’s time for us to move toward solutions that bridge the gap from today’s technology ideas to tomorrow’s commercial solutions. During this transition, we need to use all of the fuels...