Saft and ABB : New High Voltage Li-ion Battery System

Saft and ABB have developed the world’s first high voltage Li-ion (lithium-ion) battery system designed to improve the stability of power distribution grids. The new system combines dynamic energy storage provided by Saft’s 5.2 kV battery, which will help respond to disruptions in the grid, with ABB’s SVC (Static Var Compensation)... 

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... 

IBM and EDF Combine R&D Skills to Further Energy Sustainability

IBM announced a collaboration with EDF, the leading electricity producer in Europe, on an ambitious project to explore key aspects of the energy systems that are important in EDF operations, in an effort to further energy sustainability. EDF and IBM will work together to develop high performance computing solutions which can significantly advance the... 

Telkonet Named in Top 25 in Deloitte’s 2008 Nationwide Technology Fast 500 Program

Telkonet, Inc., the leading provider of innovative, centrally managed solutions for integrated energy management, networking, building automation and proactive support services, has been named as one of the country’s top 500 fastest growing organizations, achieving 23rd place in the Deloitte Technology Fast 500, an annual listing of the 500 fastest... 

Energy Composites Corporation Signs Multiyear Exclusive Raw Material Distribution Agreement for the North and South American Wind Energy Markets

Energy Composites Corporation announced that it has signed a final, multiyear agreement with Swancor Industries Co, Ltd. of Nantou City, Taiwan that provides ECC with the exclusive right to distribute an advanced line of epoxy resin systems to manufacturers of wind energy system components in North and South America. The agreement also provides ECC... 

Energy Management in Oil Refineries – What Is Driving It and Where Do the Opportunities Lie?

Frost & Sullivan’s Energy & Power Systems practice in Asia Pacific will host an analyst briefing via webinar on Energy Management in Oil Refineries on November 18th 2008 at 11:00 hrs (GMT +08:00hrs) Singapore time. 2008 has been the most dramatic and dynamic year for global energy prices. The volatility of oil prices has demanded agonizing... 

Massey Energy Names New Company President

Massey Energy announced that its board of directors has elected Baxter F. Phillips, Jr. to be president of the company, a position formerly held by Don L. Blankenship. Blankenship will continue to serve the company as chairman and CEO. Phillips most recently served as executive vice president and chief administrative officer of the company. In his new... 

Renewable Energy Thrust Nets GeneSiC Semiconductor $1.5M from US Department of Energy

The US Department of Energy has awarded GeneSiC Semiconductor two separate grants totaling $1.5M for the development of high-voltage silicon carbide (SiC) devices that will serve as key enablers for wind- and solar-power integration with the nation’s electricity grid. “These awards demonstrate the DOE’s confidence in GeneSiC’s... 

Super-Strength Relays Expand Abilities of ILLUMRA Self-Powered Wireless Light Controls

ILLUMRA, the largest North American supplier of self-powered, battery-free, wireless lighting controls, announced today the release of four powerful new switching relays. The devices are used in conjunction with EnOcean-enabled self-powered wireless light switches to provide maintenance free, reliable, and reconfigurable lighting control and energy... 

Solix Biofuels Completes $10.5 Million Series A Funding Round, Receives Commitment for Additional $5 Million to Build Biofuels Pilot Plant in Southwest Colorado

Solix Biofuels, a Fort Collins, Colo.-based alternative energy technology firm focused on algae-based intermediates for fuel and chemical production, today announced it has raised $10.5 million in its first round of outside funding, and has reached an agreement with investors for an additional commitment of $5 million, to be used to build an algae...