Cal-Bay International Receives Green Light for Development of Five West Coast Commercial Vehicle Hybridization Installation Centers

Cal-Bay International, Inc. announced the company has received a green light for the development of five West Coast commercial vehicle hybridization installation centers. CBI today announced the “green light” for the construction of the centers from the CA-based hybridization company, who informed CBI that they have secured the first hybridization... 

Zongshen PEM Power Systems Inc. Announces Amendment to Master Support Agreement with Zongshen Industrial Group

Zongshen PEM Power Systems Inc., announced that it has reached an amending agreement (the “Amendment”) with its major shareholder, Zongshen Industrial Group (“ZIG”) to amend the Master Support Agreement (“MSA”) which was signed and announced in January 2008. The Amendment grants ZPP the exclusive global rights to... 

Sinoenergy Corporation Signs Share Exchange Agreement for Joint Venture Companies

Sinoenergy Corporation, a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment and a designer, developer and operator of retail CNG filling stations in the People’s Republic of China, today announced that it has signed a share exchange agreement with China New Energy Development Investment Co., Ltd (China New Energy)... 

Johnson Controls-Saft Awarded $8.2 Million Development Contract

The United States Advanced Battery Consortium (USABC), with funding from the U.S. Department of Energy, has awarded Johnson Controls-Saft a contract valued at $8.2 million. The contract will focus on the development of lithium-ion battery systems for plug-in hybrid electric vehicles (PHEVs) and over the course of two years will seek to validate the... 

Examine the Biomass to Biofuels Market Potential, 2008: Study Conversion Techniques, Industry Outlook & Country Overviews

Research and Markets has announced the addition of the “Biomass to Biofuels Market Potential 2008” report to their offering. As the world scrambles to meet its increasing energy demands the search for renewable energy sources is more and more desperate. Our cars, trucks, planes, trains and economy will screech to a HALT without a sufficient... 

Clean Energy Joins Investment Group Funding New Natural Gas Vehicle

Clean Energy Fuels Corp. has joined an investment group providing funding to help launch a new, natural gas vehicle made in the United States for taxi and paratransit use. The Company has committed a $10-million investment in an overall $160-million equity financing led by Perseus LLC, a merchant bank and private equity fund management company. Separately,...