Teams Prepare for Round Two in the 2010-2011 Clean Energy Prize Competition

Ideas for new green-energy businesses ranging from a credit card bonus points program to fund renewable energy projects to a speed bump that generates electricity for roadside electronics will go head to head Jan. 21 in Round-2 competition for the 2010-2011 Clean Energy Prize. The competition, presented by DTE Energy and the University of Michigan... 

Synatom Agrees to Make Additional Strategic Investment in Powertech

POWERTECH URANIUM CORP. and SOCIETE BELGE DE COMBUSTIBLES NUCLEAIRES SYNATOM SA announce that they have entered into a Loan Agreement, pursuant to which Synatom has provided the Company with a bridge loan in the amount of Cdn.$2,500,000. The Company has also entered into a Private Placement Agreement with Powertech (USA) Inc. and Synatom pursuant to... 

Lockheed Martin Solar Power Testbed Will Foster Technology and Production Innovation

Lockheed Martin broke ground for a solar power testbed to support its entry into the utility-scale renewable power generation market. The Solar System Test and Engineering Site (SolSTES) Array testbed in southern New Jersey will provide Lockheed Martin engineers the opportunity to integrate and test a variety of solar technologies and materials selected... 

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... 

InterGen Completes Acquisition of Two Mexico Facilities

InterGen announced today the completion of its purchase of the 252 MW Campeche facility and the 259 MW Chihuahua facility, both in Mexico, from TransAlta Corporation. The final purchase price for the portfolio was $303.5 million and the transaction was funded by a combination of InterGen equity and limited recourse debt. Campeche is located at Palizada... 

Finavera Renewables Provides Operational Update on British Columbia Wind Projects

Finavera Renewables Inc. provide an operational update on approximately 300 megawatts of projects it intends to submit into the upcoming BC Hydro Clean Power Call. The four projects are located in the Peace Region of northeast British Columbia and have several fundamental attributes that will contribute to their development into successful operating... 

FedEx Freight and BP Solar Complete Second Solar Power Installation

FedEx Corp. and BP Solar announced today the completion and activation of a second project together — a solar system for a FedEx Freight distribution center in Fontana, Calif. The 269 kW (kilowatt) rooftop solar array utilizes BP Solar modules. The first joint system was inaugurated on Earth Day 2008 at FedEx Freight’s facility in Whittier,... 

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... 

Akeena Solar Announces Second Quarter 2008 Results

Akeena Solar, Inc., a leading designer and installer of solar power systems, today announced results for the second quarter of 2008. “Second quarter results highlight our emphasis on residential solar power installations and the continued growth in that market. Second quarter revenues of $7.1 million reflect a 6.5% sequential increase in residential...