Magnetek Announces Second Quarter Fiscal 2011 Results

Magnetek, Inc. today reported the results of its 2011 fiscal second quarter ended January 2, 2011. Second Quarter Results In its second quarter of fiscal 2011, Magnetek recorded revenue of $26.1 million, a 36% increase from the second quarter of fiscal 2010 and a 5% sequential increase from the first quarter of fiscal 2011. The increase in sales from... 

Environmental Quality Management, Inc. and Beacon Energy Holdings, Inc. Enter Into Definitive Merger Agreement

Environmental Quality Management, Inc. a Cincinnati, OH-based leading provider of environmental services, and Beacon Energy Holdings, Inc. – OTC: BCOE.PK (“Beacon”), a Cleburne, TX-based leading producer of biodiesel fuel, announced today that they have entered into a definitive merger agreement. In accordance with the merger agreement, at... 

Solar Acquisition Corp. Announces Asset Acquisition, Continues Expansion of Business Focus

Solar Acquisition Corp. is pleased to announce that it has finalized the acquisition of the assets of Clean Power, Inc. Included among the assets are Clean Power’s extensive propriety research, business development plans for building a diversified renewable energy company, and information related to building turnkey energy systems in the solar... 

Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements.... 

Developers Diversified Announces Income-Producing Solar Energy Program to Benefit Tenants and Environment

Developers Diversified Realty announced an income-producing solar energy program in partnership with SunEdison, North America’s largest solar energy services provider. The program will enable Developers Diversified to incorporate solar photovoltaic (PV) systems through a multi-phase deployment at the company’s shopping centers, starting... 

GDF SUEZ Energy North America Affiliate Completes Acquisition of FirstLight Power Enterprises, Inc.

GDF SUEZ Energy North America announced the acquisition of FirstLight Power Enterprises, Inc. (FirstLight) from Energy Capital Partners is now complete. FirstLight owns and operates a unique portfolio of 15 power generation plants — primarily pumped storage and traditional hydro facilities. It also has a state-of-the-art natural gas peaking power... 

U.S. Energy Corp. Announces Investment in Geothermal Entity

U.S. Energy Corp. announced that it has invested $3.445 million in Standard Steam Trust LLC, a private geothermal exploration and development company based in Denver, Colorado. Current capitalization of SST (with other partners) is $13.8 million (25% USE), which now includes approximately 60,000 acres of BLM, state and fee leases in seven prospect areas... 

XsunX Provides Overview on Positive Developments for the Renewable Energy Industry

XsunX, Inc., a solar technology Company engaged in the build-out of its multi-megawatt amorphous thin film photovoltaic (TFPV) solar manufacturing facilities in Oregon, provides a look into 2008’s initiatives, legislation, and events set to positively impact the Renewable Energy Industry and reduce dependence on carbon based fuels. – In... 

Tenaska Solar and Soltage Invest in Solar Energy Development

Tenaska Solar, LLC announced an equity investment in Soltage, LLC to expand the development and use of solar-generated electricity. Soltage, a privately-held full service renewable energy company, is based in Jersey City, N.J. The company develops, finances, installs, owns and operates solar electricity generating stations which provide electricity... 

Midwest Wind Energy’s Projects Surpass $1 Billion Mark

Chicago-based Midwest Wind Energy, LLC, a leading developer of wind farms in the Central United States, announced today that it has completed development of its sixth wind power project, surpassing the $1 billion threshold in developed project assets. The six projects, which total 568 megawatts in nameplate capacity, are located in Illinois, Wisconsin,...