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China Ritar Power Corp. Increasing Penetration in Alternative Energy Storage Market

China Ritar Power Corp., a leading Chinese manufacturer of lead acid batteries, today announced that the Company is increasing its market penetration in the alternative energy storage market. Contributing to the Company’s stronger market position are series of contracts and letters of intent to purchase China Ritar’s nano gel lead acid batteries with several alternative [...]

New Generation Biofuels Announces Test Burn Agreement With Progress Energy Florida

New Generation Biofuels Inc. announced today that it has entered into a Test Burn Agreement with Progress Energy Florida to demonstrate its proprietary biofuel technology in utility boiler applications.
The Agreement calls for New Generation Biofuels to supply its biofuel for a test program that will be performed in early 2009 at Progress Energy Florida’s Bartow [...]

Deep Down Announces 96% Increase in Revenues

Deep Down, Inc. announced unaudited results on August 15, 2008, for the three months and six months ended June 30, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission.
Deep Down generated revenue of $14.2 million for the six months ended June 30, 2008 compared to $7.2 million for the same period last [...]

Integrated Solutions Required to Meet Energy Challenge, ExxonMobil Says in New Outlook for Energy: A View to 2030

An integrated series of solutions will be required to manage increases in global energy demand and greenhouse gas emissions that will result from population growth and economic expansion, Exxon Mobil Corporation said, releasing the corporation’s Outlook for Energy: A View to 2030.
“The world needs to meet the ever-growing need for reliable and affordable energy while [...]

FirstEnergy Solutions Licensed to Sell Electricity in Illinois

FirstEnergy Corp. has announced that FirstEnergy Solutions Corp., its competitive subsidiary, has been licensed by the Illinois Commerce Commission as an electric generation supplier in the Ameren service territory in Illinois.
“Even though FirstEnergy Solutions is a new electric generation supplier in Illinois, we have been very active in deregulated markets for more than 10 years,” [...]

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, including homes, schools, office [...]

ALL Fuels & Energy Divests Land Holdings, Will Apply New Funds to Current Opportunities

ALL Fuels & Energy announced that it has sold its 160 acres located in Manchester, Iowa, following the board of directors’ determining that AFSE would be better positioned for strategic acquisitions and vertical integration in the ethanol industry, with more cash on hand. With this liquidity, AFSE has become better positioned for success in its [...]

Greenline Industries Partners With Leading Cotton Ginning Equipment Manufacturer, Lummus Corp.

Greenline Industries, provider of clean-tech energy platforms, and Lummus Corp., premier supplier of cotton ginning equipment under the Lummus brand and seed cleaning and crushing equipment under the Carver brand, have formed a relationship to provide comprehensive solutions for customers.
“Cottonseed oil is becoming a major feedstock for biodiesel around the world,” said Michael Brown, CEO [...]

Essential Resource for Top-Level Analysis Covering the Global Energy Industry

Research and Markets has announced the addition of the “Global Energy” report to their offering.
Datamonitors Global Energy industry profile is an essential resource for top-level data and analysis covering the energy industry. It includes detailed data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies [...]

Echo Satellite Communications, Inc. Inks LOI to Acquire Xeric Oil & Gas

Echo Satellite Communications, Inc. announced that it has entered into a letter of intent to acquire the assets of Houston, Texas-based Xeric Oil & Gas Corp. (“Xeric”). The transaction gives ECSC working interests in more than 200 productive oil, natural gas and water disposal well properties located in Montana, New Mexico and Wyoming. ECSC will [...]