Cyclone Power Technologies Inc. has successfully completed a third phase of performance tests of its heat-regenerative external combustion engine for Raytheon Integrated Defense Systems (IDS), a business of Raytheon Company. The tests verified by Raytheon demonstrated that Cyclone’s prototype, water-cooled “Stingray” engine achieved thermal efficiencies...
Chevron Corp’s 72 percent rise in quarterly profit easily beat Wall Street forecasts, but anemic growth in its oil reserves disappointed investors and its shares fell 1.5 percent. Like smaller rivals ConocoPhillips and Occidental Petroleum Corp, earnings at the second-largest U.S. oil company were lifted by the strength of oil prices. But Chevron...
OriginOil, Inc. the developer of breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced it has received the first commercial order to deploy its algae oil extraction system in an industrial setting. MBD Energy (MBD) recently committed to purchase an initial OriginOil...
Alternative Energy Partners,a provider of comprehensive alternative energy solutions, announces that it has received a commitment for $8M in funding. The funding was arranged by Alternative Energy Partners’ (“AEGY”) parent company, Healthcare of Today, Inc., and will be used for working capital and acquisitions. Per the terms of the...
ZBB Energy Corporation, the leading developer of intelligent, renewable energy power platforms, announced today that their ZESS 500 has been deemed a fully operational and validated success. It is installed at CSIRO’s Energy Centre in Newcastle, Australia, as part of the Advanced Electricity Storage Technologies (AEST) program. This marks the...
Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power generating plant (“Ashlu Creek”), with a net installed capacity of 49.9 MW, is now in commercial operation. As the required performance tests were carried out successfully, BC Hydro has retroactively set the official commercial operation start...
In an effort to meet Missouri’s ongoing renewable energy goals, Wind Capital Group is developing the state’s largest wind project, Lost Creek, with the support of GE’s 1.5-megawatt wind turbine technology. The Lost Creek project supports Missouri’s Clean Air Initiative, which calls for 15 percent of the state’s power to be generated from renewable...
World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced it has successfully brokered a purchase agreement for over 1.4 million certified emissions reductions (CERs) on the World Green Exchange®. The deal, significant in both volume and revenue, was conducted on behalf of B-road International...
OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL). OriginOil...
Clear Skies Solar Inc., has signed a Memorandum of Agreement with Badger Creek Development L.L.C. of Beverly Hills, CA for the design and construction of a 2.1 MW Solar Farm to be located in Badger, CA. The project, which is expected to exceed $8 million, is now in the initial design and engineering stages and will be structured as a utility Power Purchase...