Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements.... 

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Electric vehicles, infrastructure power 2009 Beyond Oil conference

Shiny new electric vehicles, emitting only low-whirring sounds, glistened as they darted among the few sun breaks in Seattle outside a Cascadia Center conference titled Beyond Oil: The Sustainable Communities Initiative. The all-electric Ford Focus made its debut at the late-October event, co-sponsored by Idaho National Laboratory. Ford’s Focus... 

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Hydrogen milestone moves energy independence one step forward

Big things often come in small packages. That’s certainly the case with the potential created by recent successes in hydrogen research at Idaho National Laboratory. Steve Herring, technical director of the High Temperature Electrolysis Nuclear Hydrogen Initiative, holds in his hand a solid-oxide electrolysis cell no larger than a standard CD.... 

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Can CA Economy Afford Climate Policies?

As political pressure mounts to delay California’s ambitious global warming policies, a new report from University of California researchers examines the economic impacts of putting the Governor’s climate program on hold. Energy Prices and California’s Economic Security, a project sponsored by Next 10, a nonpartisan, nonprofit organization,... 

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Universal Energy Corp. Launches Aggressive 2009 Acquisition Plan

Universal Energy Corp., an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009. “The decline in commodity prices over the past few months has brought about opportunities like I’ve never seen before,” commented Billy Raley, Chief Executive Officer of Universal Energy... 

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First Home Energy Audit Franchise Launches Nationally

Pro Energy Consultants, the nation’s first home energy audit franchise, announced today the national launch of its low-cost, home-based franchise concept. Pro Energy Consultants provides homeowners with qualified residential energy auditing designed to maximize the home’s energy efficiency and reduce energy costs. With more than 13 years... 

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Offshore wind power to contribute to Europe’s economic recovery

The European Commission recognised offshore wind energy as a key technology in Europe’s attempt to stimulate the Union’s economies. The European Wind Energy Association (EWEA) considers that the €500mn in “smart investment” to specific offshore projects that the EC has earmarked is money well spent. All projects are in an advanced stage of... 

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Grundfos Pumps and SunPower Dedicate 1.1 Megawatt Solar Power System

Grundfos Pumps Corporation and SunPower Corporation dedicated a 1.1 megawatt solar power system at the Grundfos facility in Fresno. The system features a ground-mounted, high-efficiency SunPower sun tracking system on a 7.5-acre site. It is expected to reduce carbon dioxide emissions generated at the site by almost 2.4 million pounds annually, which... 

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Tuscany Energy Ltd. announces successful Saskatchwewan horizontal well

Tuscany Energy LTD report the successful drilling and completion of a horizontal oil well, in the Dina formation, in the Evesham area of southwestern Saskatchewan. The Tuscany et al. Evesham HZ 2B9-21-4B2-21-39-27 W3 well was drilled to a measured depth of 1467 m (759 m TVD) with a horizontal Dina section of 496 m. The well is currently producing 170... 

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Regional Climate Policy Could Damage Minnesota’s Economy

An economic study released today shows a regional cap-and-trade policy would severely handicap Minnesota’s economy, causing sharp increases in energy prices and reducing net employment in Minnesota by 21,000 jobs by 2015. The report, titled “Economic Analysis of the Impact of a Midwest Regional Climate Policy on Minnesota,” was written...