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BroadStar Signs Agreement With JCPenney for Wind Power Project Using Innovative New Wind Turbines

BroadStar Wind Systems has reached an agreement with JCPenney to install AeroCam wind turbines at the major U.S. retailer’s 1.6 million-square-foot distribution center in Reno, Nevada.
The pilot program will utilize BroadStar’s innovative, building-mounted AeroCam wind turbines, which capture wind energy and generate power more efficiently than conventional propeller and fixed-blade turbines. After installation is completed [...]

PPL Electric Utilities to Offer Rate Phase-In Option to Customers

PPL Electric Utilities will offer its residential and small-business customers an option that will let them adjust gradually to higher electricity prices in 2010 by stretching out the expected increase over several years.
The voluntary program will start in October. Customers will be able to enroll in this new payment option starting Aug. 27.
“Higher prices after [...]

Prudential Capital Group Joins Syndicate in Raser’s Thermo Project Financing

Raser Technologies, Inc. announced that Prudential Capital Group, an institutional investment division of Prudential Financial, Inc., purchased the permanent debt financing for Raser’s 10 megawatt (MW) Thermo geothermal power project near Beaver, Utah, from the original project financier. The approximately $31 million of non-recourse debt financing helped construct the Thermo geothermal power plant which completed [...]

General Exploration Partners Provides an Update on Atrush-1 Well, Kurdistan

General Exploration Partners (“GEP” or the “Company”) and its partner announced today an update on the Atrush-1 exploration well in Kurdistan. The well was spudded on October 5, 2010 and is setting 9 5/8″ intermediate pipe after logging the Jurassic section to the top of Kurrachine at depth of approximately 2,230 meters. Drilling operations have [...]

Defense Energy Support Center Selects EnerNOC as an Approved Demand Response Provider

EnerNOC, Inc., a leading developer and provider of clean and intelligent energy solutions, announced today that it has been selected by the Defense Energy Support Center (DESC) as an approved demand response provider, allowing EnerNOC to pursue federal and military facilities throughout the United States.
“DESC encourages federal and military installations to do their part to [...]

United States Marine Corps Deploys Critical Solutions’ MOJOs to Evaluate Hybrid Power in the Battlefield

Critical Solutions Inc., the designer of rapidly deployable, renewable energy tower systems, announces that the United States Marine Corps (USMC) is using two MOJOs for evaluating the use of hybrid power in support of mission critical communications for forward deployment groups.
Patrick Gallagher, Critical Power Solutions International President, stated, “Because our mobile towers utilize solar and [...]

Algenol Biofuels Announces Opening of U.S. Headquarters

Algenol Biofuels, developers of DIRECT TO ETHANOL(TM), the most advanced third generation biofuels technology, today announced the official opening of the Company’s U.S. headquarters in Naples, Florida. The new headquarters joins established locations in Baltimore, Maryland and Palm Beach county Florida. The office will house the Company’s business development and executive teams.
“The opening of our [...]

PAA Natural Gas Storage Announces Agreement to Acquire Southern Pines Storage Facility

PAA Natural Gas Storage today announced that it has entered into a definitive agreement to acquire SG Resources Mississippi, LLC, (“SG Resources”). The primary asset of SG Resources is the Southern Pines Energy Center natural gas storage facility (“Southern Pines”). Total consideration is approximately $750 million. Subject to regulatory approval, the transaction is expected to [...]

Berry Petroleum Selects BoardVantage

Berry Petroleum, Inc., a leading independent energy company engaged in the production, development, acquisition, exploitation and exploration of crude oil and natural gas, has selected BoardVantage to manage its board communications. Berry Petroleum will be using BoardVantage to prepare and distribute its board materials and facilitate its executive collaboration.
Robert F. Heinemann, president and CEO, comments, [...]

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across attractive [...]