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Foster Wheeler Announces Proposed Redomestication from Bermuda to Switzerland

Foster Wheeler Ltd. announced that its board of directors has unanimously approved the redomestication of the company from Bermuda to Switzerland.
Foster Wheeler’s shareholders will be asked to vote in favor of the proposal at a shareholders meeting expected to be scheduled for January 2009. If approved by shareholders, and subject to the approval of the [...]

Ecosphere Technologies Announces $2 Million Investment From Bledsoe Capital Group

Ecosphere Technologies, Inc., a diversified water engineering and services company, announces that Bledsoe Capital Group has agreed to advance $2 million to Ecosphere Technologies to support the progress and implementation of the Ecosphere Ozonix technology in the energy industry. The $2 million advance is a bridge loan with the first $500,000 expected to fund by [...]

Power-Save Energy Company Announces Positive Second Quarter Financial Results

Power-Save Energy Company, an emerging leader in the renewable energy and energy savings products industry, today announced its fiscal second quarter earnings for the period ending June 30, 2008.
Revenue for the three months ended June 30, 2008 was $1,460,469 compared to $582,548 for the three months ended June 30, 2007, an increase of $877,915 or [...]

Alter Energy Group AG to Acquire First Hydro Projects

ALTER ENERGY GROUP AG announces the the signing of the Binding Letter of Intent (LOI) to construct and own 5 new hydro electric power stations in Ivano-Frankovsk, Carpathian region, Ukraine.
The Ivano-Frnakovsk projects are a 40 MW, 20 MW and 15 MW cascade (consisting of three 5 MW mini hydro) power plants. Under terms of the [...]

Renew Energy Resources’ Legacy Oil, Florida Signs Production Partnership Term Sheet with Alabama Based EnerSight Fuels, Inc.

Renew Energy Resources, Inc., announced that its wholly owned subsidiary, Legacy Oil, Florida, (Legacy) has executed a term sheet for a production partnership including a long term feedstock supply agreement for recycled waste vegetable oil (RWVO) with EnerSight Fuels, Inc (EnerSight). As part of Renew’s vertical integration business model, Renew has found a feedstock supply [...]

ACES Power Marketing Supports Renewable Resource Provider

ACES Power Marketing (APM) – a nationally recognized wholesale energy risk management and transaction execution service company – has executed an agreement with independently-owned Pennsylvania Renewable Resources Associates (PRRA) to provide a suite of services to PRRA’s hydroelectric generating facility in the PJM market. PRRA is APM’s first independent power producer (IPP) customer in PJM [...]

Forego the Candy, Go Green and Go Back to School With CFL Bulbs

Candy could lose its fundraising edge to compact fluorescent bulbs (CFL) this year. As students and teachers go back to school, ComEd is encouraging schools to “go green” with innovative energy efficiency and renewable energy programs and tips, including a unique fundraising program involving CFLs. The utility also offers educational workshops and other resources to [...]

Duracell Introduces New Emergency Power Products to Help Bring Consumers Peace of Mind at Home or on the Road

When an emergency strikes, nothing is more welcoming than a calm voice and a reliable power supply. Duracell® is providing a bit of both with the introduction of Duracell® Powerpack 450 with Voice. It’s a solution that consumers need, according to a recent survey that shows the majority of Americans are not equipped for power [...]

Ultralife Corporation Receives $6.9 Million in Military Battery Orders

Ultralife Corporation has received orders valued at approximately $6.9 million from the U.S. Defense Department for its BA-5390 and BA-5347 batteries. The orders represent releases under 5-year contracts awarded to Ultralife in 2004 and 2005. Deliveries are expected to begin in January and be completed in July 2009.
Ultralife Corporation, which began as a battery company, [...]

Exterran Holdings and Exterran Partners Report Second Quarter 2008 Results

Exterran Holdings reported net income for the second quarter 2008 of $21.7 million, or $0.33 per share, including $31.8 million in pretax charges, or approximately $0.29 per share, for estimated cost overruns in the fabrication segment. Net income was $49.4 million, or $0.73 per share, for the first quarter 2008 and $26.1 million, or $0.71 [...]