Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of 2008.
Babcock & Brown [...]
Algenol Biofuels, developers of DIRECT TO ETHANOL(TM), the most advanced third generation biofuels technology, today announced the appointment of David McCarthy as Vice President. Mr. McCarthy, who most recently served as Chief Counsel for Energy and Environment for the U.S. House of Representatives Committee on Energy & Commerce, will lead government affairs, and will support [...]
Continuum Lakewood Development Company, in association with MMA Renewable Ventures, a subsidiary of Municipal Mortgage & Equity, LLC, Oak Leaf Energy Partners and SunPower Corporation , is dedicating today a 1.75-megawatt solar power system that has been constructed on three parking garages at the Belmar mixed-use development in Lakewood, Colo. It is one of the [...]
On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October 31. [...]
Aspire Clean Tech Communications, Inc., a corporate communications and strategic advisory firm dedicated to the renewable energy and clean tech markets, announced today that it has been engaged by Premier Power Renewable Energy to provide corporate communications and advisory services.
Aspire CEO Todd Pitcher said, “Premier Power is a leading downstream solar firm which has demonstrated [...]
Genoil Inc. is providing an update on ongoing marketing and financing efforts on Genoil’s heavy oil and refinery residue upgrading project with Haiyitong Inc. (”HYT”) in China.
Genoil continues to work towards the development and financing of its heavy oil and refinery residue upgrading project with HYT. Genoil had previously press released that based on [...]
Alliance Recovery Corporation (“Alliance” or the “Company”) is pleased to announce that as a result of moving forward with our plans to construct a national showcase in southern New Jersey and the positive reaction to our alternative energy system, Alliance has expanded our business model for future installations and will now be targeting larger manufacturing [...]
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 [...]
Since the June 23rd introduction of the Ameren Illinois Utilities ActOnEnergy(TM) electric business customer incentive program, the initiative has demonstrated that Illinois businesses are eager to improve the energy efficiency of their facilities and operations.
As of Sept. 1, electric business customers have applied for 76 percent of the $3 million in standard and custom incentive [...]
Cubic Applications, Inc., a defense services subsidiary of Cubic Corporation, has been awarded a contract with a potential value of $16.3 million to explore emerging technologies and develop prototype solutions to strengthen the military’s training in nuclear, biological and chemical response.
In July, Cubic began work on an incrementally funded contract with the Naval Air Warfare [...]