Panda Ethanol Inc. announced that it has successfully restructured the funding arrangements on the company’s 115-million gallon-per-year, biomass-fueled ethanol refinery, located in Hereford, Texas. The restructuring was made with the support of the project’s senior and subordinated lenders and will allow for the completion of construction and startup of the facility.
As a part of the [...]
Approach Resources Inc. announced that Yorktown Energy Partners V, L.P. has advised the Company that Yorktown V distributed a total of 940,979 shares of Approach common stock to Yorktown V limited and general partners after the market closed on August 7, 2008. Following the distribution, Yorktown V, together with Yorktown Energy Partners VI, L.P. [...]
Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of 2008.
Babcock & Brown [...]
China Gengsheng Minerals, Inc., a materials technology company in China with products capable of withstanding high temperature, saving energy and boosting productivity in certain industries such as steel and oil, today announced that it has signed a fracture proppants supply contract with Huabei Oil Management Company in Renqiu, Hebei province.
According to the contract, Gengsheng will [...]
OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL).
OriginOil has been working with INL [...]
Suntech Power Holdings Co., Ltd., one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, today announced the groundbreaking of a new PV cell production facility in Yangzhou, Jiangsu province, China. Suntech intends to complete the facility with a PV cell production capacity of 300MW by the end of 2009. The new production [...]
Emerging gasification technologies could rapidly advance gasification deployment in the next five to ten years and are being used in advanced, modular systems that significantly reduce capital and plant-operating costs. Prefabricated-gasification systems are easily built and transported to the site.
Pending CO2 laws have also created an opportunity for advanced-gasification technologies to be fully developed by [...]
Atlantic Energy Solutions, Inc. announce that the actual energy savings realized by Moriah Central School District has significantly exceeded the original expectations set for the project.
The three phase Moriah Central School District energy efficiency project began ten years ago in 1998. The first phase provided the school district with a new roof system by Firestone, [...]
Avista and other parties have reached a settlement agreement in the electric and natural gas general rate case filed with the Idaho Public Utilities Commission (IPUC) on April 3, 2008, to recover increased costs of providing service to Idaho customers. The agreement calls for electric base rates for Idaho customers to increase by an average [...]
Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world’s electricity needs.
The value of worldwide electricity revenues from wave and tidal stream projects could ultimately be between pounds sterling 60bn (euro [...]