Hanwei completes Deta acquisition

Hanwei Energy Services Corp. announced that it has completed its previously announced acquisition of a 99 percent equity interest in Daqing Deta Electric Co. Ltd. (“Deta”). Hanwei is in receipt of all necessary documentation from Deta as well as all the required regulatory approvals and the amended business license. “The acquisition... 

AeroCity Debuts Urban Wind Power Turbine

AeroCity LLC today introduced Hudson Valley business and government leaders to its urban rooftop “Aerotecture” wind turbine, an engineering installation to be followed by the manufacture of demonstration units in Kingston, N.Y., early next year. The company also announced that it has received notice of a $1 million grant from New York State. “The... 

GEECF: Philippines’ Prime Industrial Zone Signs for the Biosphere Process

Mayor Luis Ferrer of General Trias, Cavite had today, signed a 25 year contract for the operation and management of the Biosphere process and technology with Spectrum Blue Steel Corporation right there in the heart of Cavite Export Processing Zone (CEPZ). Mayor Ferrer had announced in a press briefing that General Trias is strategically located in Cavite... 

GEECF: Spectrum Launches Zero Waste Philippines and Gears Towards Cheap Green Energy

Spectrum Blue Steel Corporation had launched this week the Blueprint for Zero Waste Philippines with the signing of a Memorandum of Agreement with Morong, Rizal Mayor Joseph Buenaventura for the establishment of a pilot Biosphere Gasification Power Plant. Morong, Rizal, a small town with a population of only 52,000 people and 10,000 households is the... 

Hanwei Executes Binding Agreements to Complete Deta Acquisition

Hanwei Energy Services Corp. announced that it has entered into binding purchase and sale agreements for the acquisition of the 99 percent equity interest in Daqing Deta Electric Co. Ltd. (“Deta”). The agreements will now be filed with the Chinese authorities to process the transfer of the 99 percent equity interest in Deta to Hanwei’s... 

Hyperion Power Generation Lands Initial Set of Customers for the HPM Small, Safe, Transportable Nuclear Power Reactor

Hyperion Power Generation’s CEO, John R. “Grizz” Deal, announced today that the company has received its first Letter of Intent to purchase the Hyperion Power Module ™ (HPM), a small, compact, transportable, nuclear power reactor. The intention to purchase up to six units for various projects, at approximately $25 million each, was placed by... 

AMSC Enters Power Market in Turkey with Wind Turbine License to Model Enerji Ltd.

American Superconductor Corporation, a leading energy technologies company, announced today that it has licensed its proprietary WT1650 wind turbine design to Model Enerji Ltd., Turkey’s first megawatt-class wind turbine manufacturer. Under the terms of the contract, Model Enerji has exclusive rights to manufacture, sell, install, operate and maintain...