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InStep Software to Supply Enterprise Historian for South Mississippi Electric Power Association

InStep Software, LLC, a leading provider of real-time software systems and solutions, announced today that South Mississippi Electric Power Association (SMEPA) has selected InStep’s eDNA historian software to collect, store, display and report information from SMEPA’s GE XA/21 Energy Management System, Foxboro I/A DCS, and other plant control systems. The software will be used to [...]

Fuel Efficient Couple En Route To Break Guinness World Record for Lowest Fuel Consumption

Two of the world’s most fuel efficient drivers, John and Helen Taylor, are a third of the way through their attempt to break the current world record for lowest fuel consumption across the 48 contiguous United States. Today they will be driving into their ninth day, passing through the northern states of the Great Plains, [...]

NCGA Thanks EPA for Denying Request to Waive Renewable Fuels Standard

The National Corn Growers Association hailed the U.S. Environmental Protection Agency’s decision today to deny a request to reduce the renewable fuels standard as growers prepare for the second-largest corn harvest in history and consumers clamor for solutions to high gasoline prices.
“We’re very grateful but not surprised by the EPA’s decision, given the fact that [...]

Thermal Energy Ships THERMALONOx(TM) Test Equipment to China for Coal-fired Power Plant Demonstration

Thermal Energy International Inc. announce that it has shipped equipment to China for demonstration-scale testing of its THERMALONOx(TM) process for reducing nitrogen oxides (NOx) for power plants and other industrial sources.
The equipment will be installed at Guangzhou Yuanchun Cogeneration Co., Ltd., a 50MW power plant in Guangdong province, China, under the joint venture research and [...]

Solzar Introduces New Solar-Max & MSolar Solar Power Platforms

Solzar, a leading designer and manufacturer of solar power systems, announced today it has broadened its solar power systems product line to include Solar-Max (Outdoor Solar Power System) and MSolar (Portable Solar Power System).
In many rural areas and developing countries, where the electricity grid is unavailable, Solar-Max Off-Grid configuration is an ideal solution. Solar-Max will [...]

Orion Energy Systems, Inc. Announces Additional Share Repurchase Authorization

Orion Energy Systems, Inc., a leading provider of energy management systems to the commercial and industrial sectors, today announced that its Board of Directors has authorized the repurchase of up to an additional $10 million of its outstanding common stock. The action supplements the $20 million share repurchase authorization approved in July 2008 and which [...]

Friendly Energy Receives Financial Commitment for Production Acquisition

Friendly Energy Exploration announces that it has received revised terms of a 10 million dollar commitment to fund, previously issued to the company by Syndication Capital L.L.C.
The company previously had entered into a letter of Intent with Syndication Capital for the purposes of syndicating interests of the Peach Creek West Prospect, which was not pursued [...]

PSE Move to New London HQ Signifies Aggressive Business Expansion

Process Systems Enterprise (PSE), providers of the world-leading gPROMS advanced process modelling (APM) software and related services and winner of the prestigious Royal Academy of Engineering’s 2007 MacRobert Award for Engineering Innovation, today announced its move to a significantly expanded new head office in Hammersmith, London.
gPROMS software and related services are used to accelerate innovation [...]

MYR Group Inc. Awarded Transmission Contract With Central Maine Power Company

MYR Group Inc. a leading specialty contractor serving the electrical infrastructure market in the United States, announced it has entered into a contract with Central Maine Power Company, a subsidiary of Iberdrola USA, to construct and rebuild approximately 210 miles of 345-kilovolt (kV) and 115kV transmission lines throughout northeastern Maine. The contract value is approximately [...]

Analysis: Stocks-oil relation looks as it did in 2008 recession

The trading pattern of the prices of stocks and crude oil looks worryingly like it did just before the last recession.
Oil and equity prices rise and fall more or less in tandem when demand and economic growth expectations dictate prices. But the short-term relationship has been turned on its head in recent weeks with investors [...]