Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida. The Company has entered into long-term agreements with Lykes Bros. Inc., a multi-generation Florida agri-business to provide the agricultural biomass for conversion to fuel. Verenium also announced that the Highlands... Read more..
Kitimat LNG Inc. and Mitsubishi Corporation announced that they have signed a Heads of Agreement under which Mitsubishi will acquire terminal capacity and an equity stake in Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal. The Heads of Agreement sets forth the terms, pursuant to which Mitsubishi will commit to purchase 1.5 million tons per annum (mtpa) of terminal capacity and acquire a minority equity interest in Kitimat... Read more..
BPL Global®, Ltd. (BPLG), a smart grid technology company dedicated to leading the transformation of energy efficiency and reliability, announced today that the company has signed a 5-year modern grid contract in partnership with BPL Africa, with Ghana’s national utility, Volta River Authority (VRA). The agreement implements smart grid technologies and broadband over power line (BPL) communications technology on the 11kV power distribution... Read more..
Vanner Inc., a manufacturer of electrical power conversion products, has selected Maxwell Technologies’ BOOSTCAP® ultracapacitor modules to provide burst power for a retrofit diesel engine starter system that Vanner has won a contract to install in Chicago transit buses. David Schramm, Maxwell’s president and chief executive officer, said that Vanner is purchasing 460 16-volt BMOD0500 modules through Maxwell’s channel partner, Tecate... Read more..
Developers Diversified Realty announced an income-producing solar energy program in partnership with SunEdison, North America’s largest solar energy services provider. The program will enable Developers Diversified to incorporate solar photovoltaic (PV) systems through a multi-phase deployment at the company’s shopping centers, starting with those in California, Colorado, New Jersey and Puerto Rico. As part of the long-term partnership,... Read more..
WorldWater & Solar Technologies Corp., developer and marketer of proprietary high-horsepower solar systems, announced that it has completed installation of a 1.1 MW solar power system for the Valley Center Municipal Water District (VCMWD) of Valley Center, California. The system, which was financed and will be owned, operated, and maintained by Solar Power Partners, Inc. (SPP) of Mill Valley, California, will provide 2.1 million kWh per year... Read more..
China Sunergy Co., Ltd., a specialized solar cell manufacturer based in Nanjing, China, announced that it has entered into a one-year agreement with Ajit Solar Pvt Ltd, a privately-owned module manufacturer based in Jaipur, India. Under the terms of the agreement, China Sunergy will supply and deliver a total volume of 12MW of multi-crystalline solar cells. It is expected that China Sunergy will deliver 5MW to Ajit Solar in the first half of the year,... Read more..
The AES Corporation announced that its wholly-owned subsidiary, Wind Energy (North Rhins), Limited, secured £35.1 million in long-term financing to construct and operate the 22 MW North Rhins wind farm in Scotland, UK. The £35.1 million facility is a non-recourse senior project construction and term loan from Barclays Commercial Bank. The loan is repayable over 15 years from the start of commercial operation, which is scheduled for October 2009. The... Read more..
Amerex Energy Services, the nation’s premier energy consulting company has joined forces with Armstrong Service, Inc. (ASI), a global leader in utility system optimization to provide a full-service energy offering designed to reduce all aspects of customer energy costs, in both physical usage and the actual price of the energy commodity itself. The alliance between the two industry leaders will provide customers the ability to gain control over... Read more..
Green Star Alternative Energy, Inc. announces a joint venture with Notos d.o.o. – Serbian wind energy and power trading company – and Sirius Regulus d.o.o., Serbian real estate holding company. Many months of due diligence and negotiations have culminated in a strategic partnership that will give Green Star 51% ownership of all energy assets developed within this alliance. Due to the complex nature of foreign ownership of companies within the... Read more..