Beacon Power Corporation, a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced that it has built and tested an integrated matrix of ten high-power flywheels that operated together to absorb and supply a full megawatt of electricity. The system, located in Beacon’s Tyngsboro [...]
Solargy Systems Inc. announced it has hired Cinergex Solutions Ltd, a Canadian provider of Waste to Energy (WTE) technology and equipment, to begin work on a $120 million energy facility that will be operated by Solargy Systems. The facility will generate over $100 million in revenue and open the door for additional facilities, using the [...]
The Brazilian Sugarcane Industry Association (UNICA) welcomes the U.S. Environmental Protection Agency’s decision to maintain the Renewable Fuel Standard (RFS) at its current level, but urges Congress to reduce the imported ethanol tariff that increases the cost of gasoline for American drivers.
“Today’s EPA decision was sound. It is the high price of gasoline — not [...]
For the second time in 2008, PECO is inviting renewable energy producers to submit bids to sell alternative energy “credits” to help the company fulfill the requirements of Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) legislation. The details of the request for proposal (RFP) will be discussed in a teleconference on Monday, November 24. Interested parties [...]
GWS Technologies, Inc., an alternative energy company developing renewable energy solutions, announced today that it will begin accepting orders for their own proprietary solar panels beginning January 1, 2010.
“Our new panels are efficient and set at very competitive price points,” said GWS Technologies, Vice President, Michael Coskun. “Our panels will be guaranteed to have 90% [...]
SolarWorld, a world leader in high quality solar power technology, today announced it will exhibit at this year’s Solar Power International event — the United States’ largest and most prestigious solar conference and exhibition. SolarWorld is located in booth #1613 and will be sharing information on its expansions in production, green jobs and safe investments [...]
Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders [...]
Surging oil prices are deepening a split inside the Federal Reserve, blurring the likely direction of U.S. monetary policy and making next week’s policy meeting all the more contentious.
The sharp rise in energy costs, precipitated by a wave of pro-democracy uprisings across the Arab world, could affect the economy in different ways, by retarding growth, [...]
BP Wind Energy announced full commercial operation of phase I of the Sherbino Wind Farm in Pecos County, west Texas. The first 150 megawatts (MW) of the project, which has a potential capacity of 750 MW, has been built through a 50-50 joint venture agreement with Padoma Wind Power LLC, a wholly owned subsidiary of [...]
Hydrogen Hybrid, Corp. announced its plans to introduce a Fuel Cell System designed specifically for Class 8 semi truck. Performance tests indicate that this patented technology has the ability to increase a Class 8 semi truck’s fuel efficiency by 50% under a full 80,000 lb load. The “mega” Fuel Cell measures 24×18×18 inches and works [...]