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Random News from Tambang.Org

Global Wind Corporation Begins Evaluation of Locations in Israel

Global Wind Corporation announced that it has begun evaluating locations for the development of wind energy in Israel. The Company is evaluating wind patterns, energy infrastructure and security issues related to the development of wind power generation facilities in the region.
“Wind is a cost-efficient source of alternative electrical power well suited for nations with minimal [...]

OPUC Rules on PGE 2011 General Rate Case

The Oregon Public Utility Commission (OPUC) today announced its decision regarding Portland General Electric Company’s 2011 general rate case, ending a public review process that began in February 2010. The commission approved an overall price increase of approximately 3.9 percent, which will be allocated across all PGE customer classes.
Together with other pending adjustments reflecting various [...]

Fortum Supports Clean Baltic Sea Project With a Considerable Contribution

Fortum contributes EUR 400,000 to the John Nurminen Foundation’s Clean Baltic Sea project aiming at reducing phosphorous discharges from municipal sources in Poland. The project is carried out in co-operation with the Swedish Foundation Baltic Sea 2020 and Polish cities.
Poland has a crucial role in the protection of the Baltic Sea, since almost half of [...]

China Clean Energy Resumes Biodiesel Production After Temporary Halt

China Clean Energy Inc. announced that, as of November 10, 2008 it has resumed biodiesel production.
China Clean Energy decided to resume biodiesel production at its existing plant in light of a recent drop in raw material prices, thus allowing the Company to enjoy sufficient margins to make this business segment profitable again. Currently the selling [...]

XcelPlus Global Holdings Signs Letter of Intent to Acquire Worldwide Rights to New Alternative Energy Technology

XcelPlus Global Holdings, Inc. announces that it has recently signed a Letter of Intent with Total-Fuels of Las Vegas, Nevada and two developing partners for worldwide marketing rights to their patented technology.
The technology allows normal cars to use both E85 and gasoline with the same ease as a new car manufacturer does. The automatic unit [...]

Patriot Energy Corporation Announces Cancellation of 1.5 Million Shares

Patriot Energy Corporation announce that 1.5 million common shares of the company have been cancelled.
Patriot Energy Corporation terminates the agreement with Expedite Ventures that was signed on June 8, 2008. Expedite Ventures only began working on the signed agreement with Patriot Energy Corporation on July 14, 2008. Expedite Ventures was made aware of the cancellation [...]

Allegheny Energy Announces $550 Million Financing for Transmission Projects

Allegheny Energy, Inc. announced that its subsidiary, Trans-Allegheny Interstate Line Company (TrAILCo), closed on a $550 million senior secured credit facility with a seven-year maturity. The facility includes a $530 million term loan and a $20 million revolving facility, both with an initial borrowing rate equal to the London Interbank Offered Rate (LIBOR) plus 1.875 [...]

Reliant Energy, Merrill Lynch Agree to Extension

On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October 31. [...]

TGI Solar Power Group Inc. to Develop a 10 MW Solar Facility in the Czech Republic

TGI Solar Power Group Inc., a full turnkey supplier of vertically integrated systems for a variety of applications from Solar Parks (solar to grid) to commercial markets, and Czech-based European Estate Capital, a regional solar developer, announced today plans to collaborate on a 10 MW power station to be located in the Czech Republic.
TGI Solar [...]

B&W Awarded Nuclear Generating Station Uprate Contract

The Babcock & Wilcox Company (B&W) announced today that its subsidiary Babcock & Wilcox Nuclear Energy, Inc. (B&W NE) has been awarded a $24 million contract from Omaha Public Power District (OPPD) in Omaha, Neb., for uprate modifications at the Fort Calhoun Nuclear Generating Station. The scope of work includes engineering and construction to replace [...]