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Random News from Tambang.Org

NYRI Receives Support of Unions for Jobs and the Environment

New York Regional Interconnect Inc., the proposed 190-mile transmission line that will bring electrical energy from upstate New York to meet the growing demand in the southeastern part of the state, today announced that it has received the official support of Unions for Jobs and the Environment (UJAE). UJAE includes unions that build and maintain [...]

Eastern American Natural Gas Trust Announces Quarterly Distribution

Eastern American Natural Gas Trust announced that its Distribution Amount per Unit for the quarter ended June 30, 2008 is $.6706 per Depository Unit. Based on the amount of Distributable Income for the quarter, the Trust anticipates that it will make a cash distribution on or before September 12, 2008 of $.6706 per Depository Unit [...]

Deep Down Announces 96% Increase in Revenues

Deep Down, Inc. announced unaudited results on August 15, 2008, for the three months and six months ended June 30, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission.
Deep Down generated revenue of $14.2 million for the six months ended June 30, 2008 compared to $7.2 million for the same period last [...]

Hitachi Awarded Order from Eaton Corporation for Commercial Vehicle Hybrid System

Hitachi, Ltd. and Hitachi Vehicle Energy, Ltd., which manufactures lithium-ion batteries for hybrid electric vehicles (HEV) and other uses, today announced that they have been awarded an order from U.S.-based Eaton Corporation to supply motors, inverters, lithium-ion batteries and other components for Eaton’s hybrid power systems to be delivered through 2011. Plans call for commercial [...]

Suntech and Standard Solar Reach 5 Megawatt Solar Panel Supply Agreement

Suntech Power Holdings Co., Ltd., the world’s leading manufacturer of photovoltaic (PV) modules, and Standard Solar, Inc. are looking forward to powering cleaner energy solutions throughout the Mid-Atlantic U.S. under a new agreement by which Suntech will supply up to 5 megawatts of photovoltaic solar panels to the Maryland-based solar developer and installer during 2009.
“Partnering [...]

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 [...]

USA Superior Energy Holdings Signs LOI With Hunt Global Resources

USA Superior Energy Holdings, Inc. announced it has executed a letter of intent to merge with Hunt Global Resources Inc. of Montgomery, Texas.
The transaction will be in the form of a “reverse merger.” Under terms of the agreement, Hunt will assume a majority stock position and appoint a new board of directors. Full details of [...]

Obama Stimulus Package to Include $25 Billion for Renewable Energy

Congressional leaders together with Barack Obama’s new Cabinet are planning a $25 Billion stimulus package in order to meet the President-elect’s goal of doubling renewable energy production in the next three years, according to a report in Sunday’s Washington Post.
President-elect Obama’s Cabinet favors an $8.6 billion extension of the Federal Production Tax Credit, a program [...]

ADM Acquires German Rapeseed Crushing Plant

Archer Daniels Midland Company announced that it has signed an agreement to acquire the assets of Campa Sued GmbH & Co KG, subject to clearance by relevant antitrust authorities.
Campa Sued GmbH & Co KG, based in Straubing, Southern Germany, operates a rapeseed crushing plant that produces oil and meal for the food, feed and energy [...]

Solar Universe Names Steven L. Yeffa CFO

Solar Universe, a solar installation and finance company, today announced it has appointed Steven L. Yeffa chief financial officer. Yeffa will oversee the company’s corporate finance and accounting activities, and help grow its newly launched solar leasing program. Yeffa is a seasoned finance executive who brings 30 years of experience in financial management [...]