Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

Enhanced Oil Resources Inc. Provides 2011 Activity Update

Enhanced Oil Resources Inc. is pleased to provide the following update regarding the Company’s proposed activity for 2011. The Company had previously announced on December 22nd 2010 that it had completed a $25 Million bank credit facility with Regions Bank. The credit facility capped a year where the Company produced four straight quarters of... 

Kalahari Greentech’s Tri-Brid Solar Collector Has a Revenue Potential of $973 Million

Kalahari Greentech, Inc. released a statement today discussing the company’s revenue projections for 2011. According to the American Housing Survey, there were 128,203,000 housing units in the United States in 2007 (Source: www.census.gov). If only one tenth of 1% of the approximately 128 million housing units were to purchase the Tri-Brid Solar... 

Teams Prepare for Round Two in the 2010-2011 Clean Energy Prize Competition

Ideas for new green-energy businesses ranging from a credit card bonus points program to fund renewable energy projects to a speed bump that generates electricity for roadside electronics will go head to head Jan. 21 in Round-2 competition for the 2010-2011 Clean Energy Prize. The competition, presented by DTE Energy and the University of Michigan... 

Magma Awarded $10 Million in Department of Energy Grants for Its Soda Lake and McCoy Properties in Nevada

Magma Energy Corp. announce that its US subsidiary, Magma Energy (US) Corp. (“Magma”), has been awarded $10 million in American Recovery and Reinvestment Act funding for two of its Nevada geothermal exploration properties, Soda Lake and McCoy. The grants will reimburse 50 – 80% of Magma’s planned innovative exploration expenditures... 

Suntech Achieves 1GW Solar Cell and Module Production Capacity

Suntech Power Holdings Co. Ltd., the world’s largest photovoltaic (PV) module manufacturer, held a ceremony today celebrating the achievement of reaching 1GW PV cell and module production capacity in Wuxi, China. The Company also announced the opening of its new headquarters in Wuxi, China that incorporates a 1MW grid-connected building integrated... 

Raser Technologies Completes Initial Commissioning Tests of Thermo

Raser Technologies, Inc., a leader in geothermal power generation, announced that it is nearing completion of the commissioning process of the 50 power generation units at its first commercial-scale power plant, in Beaver County, Utah, demonstrating the viability of advanced technology that can make geothermal a major price-competitive resource for... 

Polaris Geothermal Announces Approval of New Tariff and Amendments to Power Purchase Agreement

Polaris Geothermal Inc. announce that its Nicaraguan subsidiary, Polaris Energy Nicaragua S.A., has signed an addendum to the existing Power Purchase Agreement entered into between PENSA and the energy distributor in Nicaragua. The Addendum has also been approved by Nicaraguan utility regulator Instituto Nicaraguense de Energia (“INE”). The... 

U.S. Energy Corp. Announces Investment in Geothermal Entity

U.S. Energy Corp. announced that it has invested $3.445 million in Standard Steam Trust LLC, a private geothermal exploration and development company based in Denver, Colorado. Current capitalization of SST (with other partners) is $13.8 million (25% USE), which now includes approximately 60,000 acres of BLM, state and fee leases in seven prospect areas... 

Destiny, Florida Announces Florida’s First Green Energy Station

Destiny, Florida, America’s first eco-sustainable city, announced today that the first green E-station in Florida will be located at the Southeast corner of 441 and State Road 60 in southern Osceola County. The 6,000-square-foot energy refueling station will contain traditional and renewable fuels, electric automobile charging stations along with...