U.S. nuclear agency plans safety review of reactors

The top U.S. nuclear regulator on Wednesday approved the launch of a safety review of U.S. nuclear reactors sought by President Barack Obama in response to the ongoing crisis at Japan’s Fukushima plant. The Nuclear Regulatory Commission voted to create an agency task force made up of current and former commission experts that will review the information... 

Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes... 

Honeywell and Haier Sign Memorandum of Understanding for Global Strategic Cooperation

Honeywell and Haier Group today announced the signing of a memorandum of understanding (MOU) for global strategic cooperation to collaborate on the development and promotion of low-emission, high energy-efficiency products and solutions. The MOU was signed during the U.S.- China Trade and Economic Cooperation Forum, contributing to the bilateral economic... 

Graham Corporation Wins Two Ejector System Orders Valued at $4 Million

Graham Corporation (NYSE Amex: GHM), a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, today announced that it has received two orders for ejector systems that total approximately $4 million. The first order is for an ejector system to be installed at a U.S. refinery that is being modified to... 

Infrax Systems (IFXY) Introduces Secure Network Interface Card

Infrax Systems, Inc. , a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, announced today that the company will officially launch their proprietary Secure Network Interface Card (SNIC) at DistribuTECH 2011, February 1, in San Diego, California. DistribuTECH is the utility industry’s leading... 

TuV SuD Certifies Esterel Technologies’ SCADE Display 6.2 KCG Code Generator to SIL 3/4 under EN 50128 and SIL 3 under IEC 61508 Standards

Esterel Technologies, the leading worldwide provider of critical system and software development solutions, today announced that TÜV SÜD Rail GmbH has certified the latest version of its SCADE Display® KCG® Code Generator to safety integrity level (SIL) 3/4 under EN 50128 and SIL 3 under IEC 61508. TÜV SÜD is a leading global testing and inspection... 

THINK Delivers Its First U.S.Built Electric Cars

THINK™, the world’s leading dedicated electric vehicle maker, has delivered its first U.S.-built cars to the State of Indiana for use in its government fleet. The 15 vehicles, which were shipped from THINK’s manufacturing facility in Elkhart, Ind., will be the first electric passenger vehicles with American-made, Lithium-ion batteries... 

Titan Energy Becomes MTU Onsite Energy Power Partner in Florida

Titan Energy Worldwide, Inc. a leader in the manufacturing, marketing and servicing of energy generation products and services, announced today that its subsidiary, Grove Power, Inc., has signed on to become a Power Partner distributor for MTU Onsite Energy, a member of the Tognum Group. “We are proud to be an official member of the MTU Onsite... 

Suntech Solar Panels to Power Largest PV Solar Project in the Middle East

Suntech Power Holdings Co., Ltd., the world’s leading manufacturer of photovoltaic (PV) modules, announced it has supplied 5MW of Suntech solar panels for a 10MW solar electricity system to power Masdar City, the world’s first carbon neutral city being built in Abu Dhabi, United Arab Emirates. The panels will form part of the largest solar... 

Boston-Power Adds $55 Million in Growth Capital

Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, announced $55 million in new funding. Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries. Initially targeting notebook computers, Sonata...