China Sunergy Co., Ltd., a specialized solar cell manufacturer based in Nanjing, China, announced that it has entered into a one-year agreement with Ajit Solar Pvt Ltd, a privately-owned module manufacturer based in Jaipur, India.
Under the terms of the agreement, China Sunergy will supply and deliver a total volume of 12MW of multi-crystalline solar cells. [...]
An Acumentrics Corporation fuel cell system has exceeded 10,500 hours of operation to become the longest-running small scale solid oxide fuel cell (SOFC) system.
“This demonstration of durability is an important step in proving the compelling value proposition of the tubular SOFC to customers who are using far less efficient technologies,” said Acumentrics President and CEO [...]
Clear Skies Solar, Inc., a leading provider of renewable energy solar solutions, commends Congress for resurrecting the tax credit package that will serve as the lifeblood for the renewable energy industry in the United States. The renewable energy tax credits are seen as a critical step towards bringing the U.S. closer to becoming a progressive [...]
Judy Chu, Ph.D., Chair of the California State Board of Equalization (BOE), released figures on gasoline consumption in California showing a decline of 5.6 percent in July 2008 from July 2007.
Californians consumed 1.26 billion gallons of gasoline in July, which is 74.2 million gallons below that of July 2007.
The average California gas price at the [...]
MagneGas Corporation, approved to be quoted on the Over the Counter Bulletin Board on September 30, 2008, symbol “MNGA”, announces that it has signed an exclusive and all-encompassing license with HyFuels, Inc. for the MagneGas Technology for North, South, Central America and the Caribbean Islands. This intellectual property consists of all relevant present and future [...]
A strengthening of Gustav to a category 4 hurricane as forecast, could produce a storm surge of between 13 and 18 foot, and may overtop some floodwalls and levees in New Orleans if it were to hit the city, according to catastrophe risk experts, Risk Management Solutions (RMS). This would set a critical test of [...]
PBS Coals Limited announced that the Company’s principal shareholders and the Company have reached an agreement with Mining Holding Company LLC, a holding company in OAO Severstal’s Resource Division and 7027940 Canada Limited, a subsidiary of Severstal Resources, pursuant to which the Offeror has agreed to take up and pay for all common shares tendered [...]
Swedish utility Vattenfall has acquired British wind energy developer AMEC Wind Energy for ?126 million (roughly $216.5 millon). AMEC Wind has a portfolio of 540 megawatts of potential wind development. Vattenfall recently made an offer to acquire Eclipse Energy, another British wind developer. The Swedish company currently operates 90 megawatts of offshore wind turbines and [...]
Progress Energy Florida continues to closely monitor Tropical Storm Fay and is prepared for any effects the storm may have on its 35-county service territory.
“We are continuously monitoring the storm’s track and are mobilizing resources based on current projections,” said Jason Cutliffe, Progress Energy Florida’s system storm coordinator.
The company is securing and mobilizing resources as [...]
Syntec Biofuel Inc. announced it is launching a research program to develop catalysts and processes to produce Bio-butanol and Bio-propanol from biomass.
This new R&D initiative is projected to be a 3 year program and will run in parallel with Syntec’s catalyst development. The company will be seeking strategic financial partners to support the estimated costs [...]