Comverge Inc., a leading provider of smart grid, demand management, and energy efficiency solutions, announced today that its future contracted revenues have surpassed $500 million, a significant milestone recently achieved with the signing of contracts with Progress Energy Carolinas and Pepco Holdings, Inc. Comverge expects over $350 million, or 70%, of this contracted revenue to [...]
ALL Fuels & Energy announced that it has sold its 160 acres located in Manchester, Iowa, following the board of directors’ determining that AFSE would be better positioned for strategic acquisitions and vertical integration in the ethanol industry, with more cash on hand. With this liquidity, AFSE has become better positioned for success in its [...]
Equatorial Energia S.A. announces its results for the second quarter of 2008 (2Q08). Equatorial is a holding company with investments in CEMAR — Companhia Energetica do Estado do Maranhao and in Light S.A. (Light).
FINANCIAL AND OPERATING HIGHLIGHTS
– Consolidated net operating revenues totaled R$550.9 million in the 2Q08, 6.0% up on the 2Q07, and R$1,111.4 million [...]
Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has signed a contract to provide extensive automation upgrades to the Chvaletice power plant in the Czech Republic. It is the latest in a series of automation projects IPS has carried out at Chvaletice since 1995.
Under the terms of the [...]
Tendril, a leading energy platform company, and Whirlpool Corporation , the world’s leading appliance maker, unveiled a relationship that sets the stage for the rollout of smart home appliances in the U.S. The Tendril platform has the capability to support millions of smart appliances in homes across America.
Tendril will provide the back-end technology infrastructure [...]
Industry pioneer in the application of advanced Customer Intelligence Solutions for utilities, Detectent, Inc. announces the launch of their Energy Efficiency Solution, which delivers new techniques to maximize the potential of utilities’ energy efficiency programs.
The Energy Efficiency Solution delivers program managers the tools and services they need to radically change the way programs are delivered [...]
Williams announced that its management and board of directors are evaluating a variety of structural changes in the company to enhance shareholder value. The company expects to announce a specific direction in the first quarter next year. Among the potential changes is the separation of one or more of the company’s principal business units. Williams’ [...]
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 [...]
Constellation Energy recently joined with key representatives from Alexander City, Tallapoosa County, and the state of Alabama in a ceremony recognizing the restart of construction at the 774-megawatt Hillabee Power Plant in Alexander City.
Constellation Energy purchased the partially completed natural gas plant from Calpine Corporation in February 2008. Calpine had begun construction of Hillabee in [...]
Air Liquide Industrial U.S. LP, the subsidiary of American Air Liquide Holdings, Inc. that supplies bulk industrial gases throughout the U.S., announced today that it will raise prices for its industrial gas customers.
Prices for bulk oxygen, nitrogen and hydrogen will increase approximately 15 percent. Carbon dioxide and dry ice prices will increase 10 percent. Prices [...]