PowerGenix Supplies Batteries to North American Light Electric Vehicle Market

PowerGenix, manufacturer of nontoxic, safe, high performance rechargeable nickel-zinc (NiZn) batteries, today announced that it has entered into a supply agreement with PowerEagle, the leading manufacturer of electric bicycles in China. Under the agreement, PowerGenix will supply its NiZn cells for pack fabrication into the entire product line offered... 

PureSpectrum, Inc. Adapting Ballast Circuitry to Be Compatible With LED Lighting

In its ongoing efforts to continue development of the company’s breakthrough ballast technology, PureSpectrum, Inc. has begun testing the viability of its innovative ballast design for use with Light Emitting Diode (LED) applications. PureSpectrum has already engineered and introduced breakthrough ballast technology for fluorescent lighting, and... 

AltaRock Energy Finalizes Deal with Weyerhaeuser to Explore Engineered Geothermal System (EGS) Potential on 667,000 Acres in California, Oregon and Washington

AltaRock Energy Inc. announced it had finalized agreements with Weyerhaeuser Company and the Weyerhaeuser Company Foundation allowing it to explore the potential for developing geothermal projects in California, Oregon, and Washington. The geothermal rights, totaling nearly 667,000 acres, include approximately 25,400 acres in Northern California, 378,500... 

PECO to Lower Gas Rate by 5%, Effective Sept. 1

PECO will lower its natural gas rate, effective Sept. 1, due to a projected decrease in gas supply costs in the wholesale market. The bills for the typical residential customer will drop by 5.1 percent, or about $7 a month. PECO can adjust the “purchased gas cost” portion of its gas rate each quarter, if necessary, to reflect changes in the commodity... 

EPA-Qualified, High Efficiency Wood Boilers Combat Soaring Heating Oil Prices

The high cost of oil is causing many people to panic about winter heating bills as homeowners brace for higher prices than last year. According to estimates by the Department of Energy, households using heating oil will pay an average $4.34 a gallon, or $2,644 for the heating season, up more than 30 percent from last winter and up 150 percent since... 

Zeus Conference to Explore Reducing Capital Costs and Increasing Flexibility With Advanced Gasification Technologies

Emerging gasification technologies could rapidly advance gasification deployment in the next five to ten years and are being used in advanced, modular systems that significantly reduce capital and plant-operating costs. Prefabricated-gasification systems are easily built and transported to the site. Pending CO2 laws have also created an opportunity... 

Amen Properties Purchases Oil and Gas Interests in the Permian Basin

Amen Properties has acquired a 5% working interest and 4% net revenue interest in certain oil and gas properties (the “Properties”) from Aghorn Energy, Inc. (“Aghorn”) for a purchase price of $1,750,000, effective June 1, 2008. The Properties were acquired by Aghorn from Exxon Mobil Corporation on June 1, 2008 and consist of... 

NorthWestern Energy Submits Key Filings for Mill Creek Generating Station

NorthWestern Energy announced two significant filings regarding the proposed Mill Creek Generating Station. On Friday, the company submitted its application for an air quality permit with the State of Montana and late Monday filed its request for advanced approval with the Montana Public Service Commission. “This is a great day for the people... 

America Has the Ability, Talent to Meet Climate Challenge

Below are excerpts from a speech Duke Energy Chairman, President and CEO Jim Rogers gave Aug. 21 to the World Affairs Council of Charlotte. I believe it’s time for us to move toward solutions that bridge the gap from today’s technology ideas to tomorrow’s commercial solutions. During this transition, we need to use all of the fuels... 

Arete Industries, Inc. Announces Acquisition of Oil & Gas Property

Arete Industries, Inc. announces that the Company received a letter of intent to purchase oil and gas properties in Wyoming, Colorado, Kansas, and Montana from Denver based oil & gas and operating companies for $21,000,000 in cash. The wells being offered by the Denver based oil & gas company total 243 wells, including 46 operating wells (PDP)...