Inflation spike won’t last, Bernanke says

A recent increase in U.S. inflation is driven primarily by rising commodity prices globally, and is unlikely to persist, Federal Reserve Chairman Ben Bernanke said on Monday. The comments stood in sharp contrast to a string of U.S. central bank officials, some of whom have argued the time is coming for the Fed to begin tightening monetary policy. Earlier... 

Algonquin Power & Utilities Corp. Announces 2010 Fourth Quarter and Year End Financial Results

Algonquin Power & Utilities Corp. today announced financial results for the fourth quarter and year ended December 31, 2010. On October 27, 2009, Algonquin Power Income Fund became a wholly owned subsidiary of Algonquin Power & Utilities Corp. (collectively “APUC”), maintaining the same operations and business activities, but under... 

Egon Zehnder International Names Steven Goodman to Head US Industrial Practice’s Energy and CleanTech Segment

Steven Goodman has assumed leadership of the Egon Zehnder International US Industrial Practice Group’s Energy and CleanTech segment in which he has been a member since he joined the firm in 2006. “Goodman’s deep industry knowledge and the unique skill sets needed by its leadership will help our clients to select and promote the right... 

Telkonet SmartEnergy Ensures Comfort and Savings for Las Vegas Springhill Suites

Telkonet, Inc. , a leading Clean Technology company committed to intelligent energy management solutions, is generating savings through a new SmartEnergy installation within the beautiful Springhill Suites hotel on Paradise Road in Las Vegas. This recently completed installation has enabled the hotel to expand its environmental awareness initiatives... 

State and Local Regulatory Hurdles Can Slow Clean Energy Innovations

Complex pricing, expansive approval processes and lack of incentives to use low carbon energy sources are some of the unintended consequences of the highly regulated energy sector that inhibit “clean energy” innovations, according to a Ewing Marion Kauffman Foundation review of state and local laws presented at an energy conference at the... 

Companies West Group Inc. Implements New Initiatives to Fund Long Term Renewable Energy Solutions

Companies West Group Inc. continues to exploit diverse natural energy resources to fund the company’s long term goal of providing alternative energy solutions. The company has recently engaged in the coal mining sector and will now employ the profits acquired from crude oil production. Companies West has and will continue to use the most current... 

Honeywell’s UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China

UOP LLC, a Honeywell company, announced that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China. Under the terms of the agreement, announced at the 20th meeting of the China-U.S. Joint Commission on Commerce and Trade... 

LGG Challenges Businesses to Make Carbon Emissions a Thing of the Past

The creators of software that automatically purchases carbon credits to offset a computers emissions have extended a challenge to businesses to play a major part in cutting carbon emissions worldwide. The Zero Carbon Computing Challenge (ZCCC), launched by the creators of the Little Green Genie, are encouraging businesses to spread the word about zero... 

Constellation Energy to Sell Downstream Gas Business

Constellation Energy announced it has reached a definitive agreement to sell its Houston-based downstream natural gas unit to Macquarie Group. Terms were not disclosed. The pending divestiture is one of several strategic initiatives the company has undertaken in recent months to reduce risk in its merchant businesses and improve liquidity through the... 

Comverge Announces Multi-Year Demand Management Program with Progress Energy Carolinas

Comverge, Inc. announced that it has entered into an agreement with Progress Energy Carolinas (PEC) to provide demand response hardware, software, software hosting services and project support in connection with PEC’s new EnergyWise(TM) residential demand response and energy efficiency program. The exclusive agreement has an initial term of five...