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Textron Reaches Agreement to Sell Fluid & Power Unit to Clyde Blowers for up to $645 Million

In a significant move, further advancing its portfolio strategy, Textron Inc. announced that it has reached a definitive agreement to sell its Fluid & Power business unit to Clyde Blowers Limited, a UK-based worldwide leader in the areas of power, materials handling, intermodal transport and logistics and pump technologies, for up to approximately $645 million. [...]

RES Americas Announces Completion Of Hackberry Wind Project

Renewable Energy Systems Americas (RES Americas), a national leader in the development and construction of wind power projects, announced completion and commencement of commercial operations of its Hackberry Wind Project, a $350 million wind farm in Shackelford County, Texas. RES Americas is the developer, construction contractor, operator of the project, and owner, along with GE [...]

State Recycling Organization Names Meg Morris a Top Recycler

At its recent Annual Meeting, the New York State Association for Reduction, Reuse & Recycling (NYSAR3) named Meg Morris, Director for Environmental Science & Community Affairs at Covanta Energy, as Recycler of the Year for a Private Company.
“Meg has worked tirelessly to support recycling and has brought credibility and professionalism to every position she’s held [...]

SunPower Completes 18-Megawatt Olivenza Solar Power Plant in Badajoz, Spain

SunPower, a manufacturer of high-efficiency solar cells, solar panels and solar systems, announced the completion of the 18-megawatt Olivenza solar electric power plant in Badajoz, Spain.
SunPower installed its proprietary SunPower® T20 Tracker solar tracking system at the site, covering a total of approximately 70 hectares. The SunPower Tracker follows the sun as it moves across [...]

Premium Petroleum Corp.: Continues to Seek up to $5,000,000 in Financing to Tie-in Existing Wells and to Fund Additional Drilling

Premium Petroleum Corp. continues to pursue financing alternatives. Debt, equity, and joint venture options are being reviewed.
The financing proceeds will be used to: equip and tie-in our Viking gas well (9-22); (approximately 1100 yards to the tie-in point), to test, complete, equip, and tie-in our Upper Grand Rapids Flowing Oil Sands well (14-15); to expand [...]

American Alternative Energy Systems Corp. Announces Waste to Energy Rights Acquisition

American Alternative Energy Systems Energy Corp. company president Jeff Kulman announced today that the Company has reached an agreement in principle with Waste to Energy (Canada) Gasification Systems Inc. of Toronto, Ontario to obtain the distribution rights to the patented Waste to Energy (“WTE”) downdraft gasifier technology for the Americas. The system was developed in [...]

Denham Capital to Invest US$80 Million in Plantation Energy

Plantation Energy, Australia’s only manufacturer and exporter of Densified Biomass Fuel (DBF) pellets, and Denham Capital announced that Denham will make up to a US$80 million equity investment in Plantation. Initial proceeds will go towards funding the construction of a new manufacturing plant in Albany, Western Australia. The investment will give Denham majority ownership of [...]

Forego the Candy, Go Green and Go Back to School With CFL Bulbs

Candy could lose its fundraising edge to compact fluorescent bulbs (CFL) this year. As students and teachers go back to school, ComEd is encouraging schools to “go green” with innovative energy efficiency and renewable energy programs and tips, including a unique fundraising program involving CFLs. The utility also offers educational workshops and other resources to [...]

Pacific Gas and Electric Company Announces the PeakChoice Program to Help Businesses Manage Their Energy Use

Pacific Gas and Electric Company announced the launch of its PeakChoice(TM) program, a new demand response program that allows business customers to customize their contribution to power reliability during times of high energy use. Demand response programs are designed to be both fiscally and environmentally responsible ways to respond to occasional and temporary spikes in [...]

Propel Study Shows Biodiesel Runs Equal to, if not Better than Petroleum

Propel, a leading retailer of low-carbon renewable fuels and Seattle-based The Essential Baking Company, announce the results of a joint study on the impact of replacing petroleum fuel with biodiesel in the company’s delivery fleet. The results of the 13-week test show that vehicles fueling with B99 biodiesel had no mechanical issues, ran more smoothly [...]