Ormat Technologies, Inc. announces the successful co-production of geothermal power at a producing oil well. This project marks the first of its kind by providing onsite fuel free power that will increase the productivity and possibly extend the longevity of existing U.S. oil fields.
Ormat, in a joint project with the Department of Energy (DOE) at [...]
Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, announced $55 million in new funding.
Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries. Initially targeting notebook computers, Sonata will come to the market in early 2009 through a [...]
ZBB Energy Corporation (ZBB), a Milwaukee-based company that specializes in clean energy storage systems, has announced that it will co-share with Eaton Corporation (Eaton) a $229,000 grant from the State of Wisconsin to develop a power conversion and energy storage system that manages energy from renewable energy sources.
The grant is part of $7.3 million in [...]
Foster Wheeler Ltd. announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded a contract by Zwara Oil Refinery Company Limited (ZORCO) for consultancy and project management services for a planned new 200,000 barrels per stream day crude oil refinery at Mellita, near Zwara, in [...]
Enventure Global Technology, the pioneer in solid expandable technology, reached a major milestone with its 1,000th SET® expandable job.
The installation demonstrates the acceptance and diversity of the technology and Enventure’s place as the leading technology innovator and experienced service provider.
Using exclusive SET technology, Enventure installed a 47 ft 7-5/8 x 9-5/8 in. 36.0 lb/ft expandable [...]
Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. will report their fourth quarter 2010 financial results before the market opens on Friday, January 28, 2011. Alliance management will discuss fourth quarter earnings during a conference call beginning at 10:00 a.m. Eastern that same day. To participate in the conference call, dial (866) 356-4441 [...]
Hercules Offshore, Inc. announced today that it has entered into an Asset Purchase Agreement with Seahawk Drilling, Inc. (Nasdaq:HAWK – News) and its affiliates (collectively “Seahawk”) to purchase 20 jackup rigs and related assets from Seahawk for approximately 22.3 million shares of Hercules Offshore common stock and cash consideration of $25 million, which will be [...]
IC Potash Corp. is pleased to announce the commencement of the Ochoa Project Sulphate of Potash (“SOP”) Pre-feasibility Study. Through this study and concurrent environmental work, the Company will establish the engineering basisfor the Ochoa Project for mining, processing, and SOP marketing.
This announcement complements recent operating progress including two successful [...]
Alfa Laval a world leader in heat transfer, centrifugal separation and fluid handling – has won an order for three thermal evaporation systems from Vedanta Aluminum Limited for its expansion project in India. The order value is about SEK 150 million and delivery is scheduled for 2009.
“Alfa Laval has provided customers with solutions that generate, [...]
Ronn Motor Company, announced its successful completion of initial track testing for the Scorpion(TM) eco-exotic. During a rigorous evaluation, the highly anticipated 40 mpg eco-exotic performed superbly, delivering the caliber of outstanding performance expected from a 200 mph supercar. The car completed several high-speed passes, along with high-speed/high-angle turns, acceleration and high-speed braking tests. [...]