Range’s Proved Reserves Increase 42%

RANGE RESOURCES CORPORATION announced today that its proved reserves as of December 31, 2010 increased 42% to 4.4 Tcfe. From all sources, Range replaced 931% of production in 2010 with 840% reserve replacement occurring through the drill bit and positive performance revisions. Finding and development costs from all sources, including acquisitions,... 

Texas, home to Big Oil, takes shine to solar power

Texas has long been home to Big Oil companies that specialize in extracting petroleum from hard-to-reach places. Now the hip college town of Austin is vying to become the epicenter of a potentially giant market for carbon-free electricity generated by the hot Texas sun. The rest of Texas may follow, if the state legislature passes incentives that will... 

THINK Delivers Its First U.S.Built Electric Cars

THINK™, the world’s leading dedicated electric vehicle maker, has delivered its first U.S.-built cars to the State of Indiana for use in its government fleet. The 15 vehicles, which were shipped from THINK’s manufacturing facility in Elkhart, Ind., will be the first electric passenger vehicles with American-made, Lithium-ion batteries... 

Polaris Geothermal Announces Approval of New Tariff and Amendments to Power Purchase Agreement

Polaris Geothermal Inc. announce that its Nicaraguan subsidiary, Polaris Energy Nicaragua S.A., has signed an addendum to the existing Power Purchase Agreement entered into between PENSA and the energy distributor in Nicaragua. The Addendum has also been approved by Nicaraguan utility regulator Instituto Nicaraguense de Energia (“INE”). The... 

Solargy Systems Inc. Begins $120 Million West African Energy Project

Solargy Systems Inc. announced it has hired Cinergex Solutions Ltd, a Canadian provider of Waste to Energy (WTE) technology and equipment, to begin work on a $120 million energy facility that will be operated by Solargy Systems. The facility will generate over $100 million in revenue and open the door for additional facilities, using the Solargy model... 

The Brattle Group Projects $1.5 to $2.0 Trillion Investment Needed in the U.S. Electric Utility Industry by 2030

The U.S. utility industry will have to invest between $1.5 and $2.0 trillion between 2010 and 2030 to maintain current levels of reliable energy service for customers throughout the country, according to a new report issued today by The Brattle Group. The findings are detailed in “Transforming America’s Power Industry: The Investment Challenge... 

Terrabon Dedicates Energy Independence I, an Advanced Biofuels Research Facility in Bryan, Texas

Terrabon, L.L.C. held dedication ceremonies Friday, November 7, for its new Advanced Biofuels Research Facility in Bryan, Texas. The event marked completion of the facility, christened Energy Independence I, which will confirm the scaled-up, commercial feasibility of the Company’s MixAlco(TM) technology. MixAlco converts readily-available, low-cost,... 

USA Biomass to Chair Platts’ National Biomass Power Forum

USA Biomass Chairman Robert Cleaves will chair Platts’ highly anticipated national Biomass Power Forum November 6-7 in Florida, which features biopower experts from throughout the country — including Cleaves — who will explore biomass economics, key biomass finance structures, the role biomass plays in meeting RPS, and opportunities... 

Funding Pours in for Green Valley Initiative

The Green Valley Initiative (GVI) has received grants and pledges totaling nearly $200,000 to help fund future efforts to bring clean and green technologies to the Inland Empire, representatives announced Tuesday. The economic development agencies of both Riverside and San Bernardino counties have committed $25,000 each to the process of identifying... 

New Challenges and Opportunities in Vehicle-to-Grid Power

Research and Markets has announced the addition of the “Vehicle-to-Grid Power: Challenges and Opportunities” report to their offering. The 1st Edition of Vehicle-to-Grid Power: Challenges and Opportunities is a 38-page report which seeks to pull together information on the current status of V2G power into a comprehensive overview to provide...