Moody’s Confirms Nexen’s Investment Grade Credit Rating

Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund... 

Magnetek Announces Second Quarter Fiscal 2011 Results

Magnetek, Inc. today reported the results of its 2011 fiscal second quarter ended January 2, 2011. Second Quarter Results In its second quarter of fiscal 2011, Magnetek recorded revenue of $26.1 million, a 36% increase from the second quarter of fiscal 2010 and a 5% sequential increase from the first quarter of fiscal 2011. The increase in sales from... 

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... 

ZBB Successfully Completes Advanced Electricity Storage Technologies Program

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... 

Capstone Ships Its First C1000 Megawatt Scale Product

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, today announced it has shipped its first C1000 megawatt scale product. The system will be installed at ANTEX, located in Spain. ANTEX is an independent Spanish textile group whose activity centers on the broad world of synthetic yarns. It... 

GE Capital Solutions Fleet Services Processed More Than $5.7 Million in Customer Rebates for Hybrid and Alternative Fuel Vehicles

GE Capital Solutions Fleet Services has processed more than $5.7 million in rebates for its customers that lease hybrid or alternative fuel motor vehicles since implementing a rebate program. The rebate program is designed for customers that make significant investments in new technology to improve their environmental performance. Since the Energy Tax... 

Centriforce Technology’s Desalination Process Will Reduce Energy Requirements with Lower Environmental Impact

Centriforce Technology Corp.’s new desalination technology is designed to reduce the amount of energy needed to produce fresh water and reduce the environmental impact compared to existing technologies. Current desalination processes that convert salt or brackish water into fresh water require significant energy input and expense. Centriforce’s... 

The Brattle Group Projects $1.5 to $2.0 Trillion Investment Needed in the U.S. Electric Utility Industry by 2030

The U.S. utility industry will have to invest between $1.5 and $2.0 trillion between 2010 and 2030 to maintain current levels of reliable energy service for customers throughout the country, according to a new report issued today by The Brattle Group. The findings are detailed in “Transforming America’s Power Industry: The Investment Challenge... 

Trane Advances Green Communities with Platinum Sponsorship of Greenbuild 2008

Trane, a leading global provider of indoor comfort systems and services for homes and commercial buildings, will be prominently represented in Boston as the city welcomes the U.S. Green Building Council’s 2008 Greenbuild International Conference and Expo on Nov.19-21 in the Boston Convention and Expo Center (BCEC). As a platinum sponsor for the... 

Alliance Announces Expanded Business Model

Alliance Recovery Corporation (“Alliance” or the “Company”) is pleased to announce that as a result of moving forward with our plans to construct a national showcase in southern New Jersey and the positive reaction to our alternative energy system, Alliance has expanded our business model for future installations and will now be targeting larger...