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Random News from Tambang.Org

Environmental Power Announces Offering of Convertible Notes to Fund Renewable Energy Projects

Environmental Power Corporation announced the offering of its 13% Convertible Notes due January 1, 2014. Proceeds from the sale of the notes will be used to fund the construction and operation of the renewable energy projects being developed by Environmental Power’s subsidiary, Microgy, Inc., and its affiliates.
The notes will be offered at par, bearing interest [...]

Coulomb Technologies Announces California Smart Charging Infrastructure Installation in Service Stations

Coulomb Technologies announced it will provide the first smart charging infrastructure installation base for new and existing alterative fueling stations within California for extended range electric vehicles (EREV), plug-in hybrid electric vehicles (PHEVs) and all battery electric vehicles (BEVs). Largely powered by solar electric panels, these new and existing alternative fueling stations are considered the [...]

Satcon Announces Sale of its Electronics and Motors Divisions

Satcon Technology Corporation, a leading provider of utility scale renewable energy solutions for distributed power markets, announced today the sale of its Electronics and Motors divisions for cash proceeds of $5.6 million as part of its overall strategic restructuring plan. The divestiture of these non-strategic businesses will enable Satcon to focus its financial, technical, and [...]

Sheetz Chooses Triple Point Oil Trading and Risk Management Software

Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Sheetz, Inc., one of the largest gas and convenience store operators in the US with $3.8 billion dollars in annual revenue, has selected Commodity XL for Oil™ to manage wholesale gasoline procurement, hedging programs and supply [...]

Southridge Attracts $4 Million Asian Investment

Southridge Enterprises, Inc. announced that it has signed an agreement with Beijing-based investment firm, Shenyang Rrzk Co., Ltd., to sell a 20% interest in the Company’s El Salvador ethanol facility for $4 million. This foreign investment participation in the El Salvador plant stems directly from the effectiveness of our Asian market awareness program currently being [...]

MidAmerican Energy Holdings Company Reaches Tentative Agreement to Acquire Constellation Energy

MidAmerican Energy Holdings Company and Constellation Energy announced the companies have reached a tentative agreement in which MidAmerican will purchase all of the outstanding shares of Constellation Energy for a cash consideration of approximately $4.7 billion, or $26.50 per share. The companies expect to enter into a definitive merger agreement by close of business, Sept. [...]

Sino Gas International: Update on Guyuan County Project and Baoding Gas Company

Beijing Zhongranweiye Gas Co., Ltd. a fully owned subsidiary of Sino Gas International Holdings, signed franchises agreement with Guyuan County of Zhangjiakou City
On Sep 9th 2008, Beijing Zhongranweiye Gas Co., Ltd. signed a franchise agreement with the government of Guyuan County of Zhangjiakou City. The franchise agreement grants the company exclusive right to develop its [...]

SkyPower and SunEdison Secure Financing for First Light Solar Project

SkyPower, Canada’s largest renewable energy developer and its joint venture partner, SunEdison, North America’s largest solar energy services provider, announced they have secured financing with Nord/LB for a 9 megawatt (MW) solar power project being developed by a joint venture between the two companies in Ontario.
“We are proud to have completed this important milestone with [...]

CLEAResult Partners with General Catalyst to Power Growth

CLEAResult, a national energy optimization firm headquartered in Austin, Texas, today announced a significant capital investment from General Catalyst, a venture capital and private equity firm based in Cambridge, Mass.
CLEAResult, which ranked 144th on Inc. Magazine’s list of the 500 fastest growing companies in 2010, designs and implements energy efficiency and renewable energy programs [...]

Platts Report: China’s December Oil Demand at Record High 9.6 mil b/d

Platts – China’s apparent oil demand* in December rose 18% year over year to a record 40.73 million metric tons (mt), or an average 9.6 million barrels per day (b/d), with both crude throughput and net oil product imports rising, according to just-released Platts’ analysis of the latest official data.
Oil demand in December was also [...]