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Penn Virginia Resource Partners, L.P. Declares Quarterly Distribution and Completes Acquisition of Coal Reserves

Penn Virginia Resource Partners, L.P. today declared a quarterly cash distribution of $0.47 per unit. The distribution, which equates to $1.88 per unit on an annualized basis, remains unchanged from the distribution paid with respect to the prior quarter. The quarterly distribution covers the period October 1 through December 31, 2010, and is [...]

Plasco to build waste conversion facility in Red Deer County

Plasco Energy Group Inc. of Ottawa will build, own and operate a waste conversion facility to serve the Central Waste Management Commission led by Red Deer County’s Mayor, Earl Kinsella. PlascoEnergy and CWMC signed a contract that will see a supply of 300 tonnes of waste per day converted into valuable products including over [...]

Duke Energy Ohio Reaches Agreement on Electric Security Plan

Duke Energy Ohio announced today that a settlement agreement has been reached with most intervening parties, the Staff of the Public Utilities Commission of Ohio (PUCO) and the Ohio Consumers’ Counsel on its electric security plan under Ohio’s new energy law.
The agreement, which establishes generation rates for 2009 through 2011, must be approved by the [...]

Entergy’s Pace of Gustav Restoration Hits Record Level

Entergy Corporation utilities are restoring power to customers affected by Hurricane Gustav at the fastest rate in the company’s history.
“We have restored power to more customers in four days than we ever have before. Our restoration rate surpasses that accomplished following either hurricanes Katrina or Rita,” said Randy Helmick, vice president of transmission, who is [...]

Ecosphere Technologies Announces $2 Million Investment From Bledsoe Capital Group

Ecosphere Technologies, Inc., a diversified water engineering and services company, announces that Bledsoe Capital Group has agreed to advance $2 million to Ecosphere Technologies to support the progress and implementation of the Ecosphere Ozonix technology in the energy industry. The $2 million advance is a bridge loan with the first $500,000 expected to fund by [...]

Welwind Announces Final Approval for Zhanjiang Wind Farm PPA From Local Government

Welwind Energy International Corp. announces that it has received a letter of final approval from the local regional Mayor for the Zhanjiang Power Purchase Agreement (PPA).
As per China’s Renewable Energy Law, the Power Purchase Agreement with the local utility is mandated by the central Government of China. Through this legislation, the State officially encourages the [...]

First Home Energy Audit Franchise Launches Nationally

Pro Energy Consultants, the nation’s first home energy audit franchise, announced today the national launch of its low-cost, home-based franchise concept. Pro Energy Consultants provides homeowners with qualified residential energy auditing designed to maximize the home’s energy efficiency and reduce energy costs. With more than 13 years of residential energy auditing and franchising experience, Pro [...]

Primary Energy Recycling Corporation Announces Decision to Not Extend Revolving Loan Provisions of Credit Agreement

Primary Energy Recycling Corporation announced today that after evaluating the Company’s liquidity position, it has determined that its current cash on hand of $14.4 million (at July 31, 2008) plus anticipated proceeds from operations are expected to be adequate to fund near term business operations and distributions. As a result, it has let the $15 [...]

Worldwide Energy and Manufacturing USA Announces New Solar Module Manufacturing Plant in Ningbo

Worldwide Energy and Manufacturing USA, Inc., a U.S.-based China engineering and manufacturing company specializing in photovoltaic module technology and international contract manufacturing for products in the solar energy, aerospace, wireless telecommunications, medical equipment and automotive industries, today announced the establishment of a new solar module production and R&D facility. Worldwide Energy and Manufacturing has leased [...]

Liberty Power Announces New Electricity Contract with City of Waco

Liberty Power, one of the fastest-growing, independent retail electric providers in the United States, today announced that it has signed a 24-month contract with the City of Waco to supply an estimated 58,000 megawatt-hours of power to the Texas city annually.
Beginning in October, Liberty Power will supply electricity to power the city’s traffic lights, street [...]