Progress Energy Carolinas is again seeking proposals for potential renewable energy projects and alternative energy providers, as part of the company’s balanced strategy for meeting the growing energy needs of 1.4 million households and businesses in the Carolinas. The company issued an open-ended request for renewable proposals in November 2007, and received a number of proposals for solar and biofuels energy projects. Although the request... Read more..
The United States Department of Energy (DOE) has named UE’s Pure Power(TM) program the “most successful” New Green Power Program of the year, company officials report. DOE along with the U.S. Environmental Protection Agency and the Center for Resource Solutions are honoring 25 leading corporations, renewable energy suppliers and industry pioneers this week. Citing Pure Power as the largest green-pricing programs in the Midwest with... Read more..
Synthesis Energy Systems, Inc., a global industrial gasification company, today announced that due to the difficult financial environment, SES and CONSOL Energy (“CONSOL”) will cease funding of the front-end engineering design package for the Benwood, West Virginia synthetic gasoline project. With the lack of advancement of the project, the joint development agreement (“JDA”) between SES and CONSOL expired according to its... Read more..
Synthesis Energy Systems, Inc., a global industrial gasification company, announced that it has entered into the primary joint venture agreement with YIMA Coal Croup (“YIMA”), a large Chinese integrated coal company, for the development of a coal gasification plant (the “Plant”) which will feed downstream process for the production of transportation fuels and chemicals intermediates in Henan Province, China. The joint venture... Read more..
CleanTech Biofuels, Inc. announces that it has placed its initial orders for equipment to be used at its first commercial site located in Chicago, Illinois. CleanTech expects to begin producing biomass from municipal solid waste for the production of renewable energy in the near-term. Initially, the biomass produced in Chicago will be co-fired with coal at existing coal fired power plants operating in the Chicago area. CleanTech Biofuels, Inc. is... Read more..
Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, today announced that Todd G. Glass has joined the firm as a partner in its clean technology and renewable energy practice. Formerly the chair of Heller Ehrman’s energy practice and co-chair of its energy and clean technology practice, Glass has substantial experience representing project developers, utilities,... Read more..
Energy Quest, Inc., an emerging leader in alternative energy and the development and production of hydrogen-enriched alternative fuels in an environmentally responsible manner, today announced the signing of a Memorandum of Understanding (MOU) to establish a joint venture to jointly own and construct the installation of a 500 tons per day of MSW (municipal solid waste) to 20 MW Power gasification plant in Romania with CO.F.A.M.M. (COFAMM) of Romentino,... Read more..
Alternative Fuel Technologies Inc. announce that it has secured a contract with a Korean entity to supply 4 DME fuel feed pumps for laboratory research. The pumps are scheduled for delivery in 2008. Korea is very interested in adopting DME as a replacement for diesel fuel and views DME as an economic means by which the country may improve air quality and gain increased energy security in the future. In addition, government officials realize the potentially... Read more..
Plantation Energy, Australia’s only manufacturer and exporter of Densified Biomass Fuel (DBF) pellets, and Denham Capital announced that Denham will make up to a US$80 million equity investment in Plantation. Initial proceeds will go towards funding the construction of a new manufacturing plant in Albany, Western Australia. The investment will give Denham majority ownership of the company. The existing Plantation Energy management team will... Read more..
Panda Ethanol Inc. announced that it has successfully restructured the funding arrangements on the company’s 115-million gallon-per-year, biomass-fueled ethanol refinery, located in Hereford, Texas. The restructuring was made with the support of the project’s senior and subordinated lenders and will allow for the completion of construction and startup of the facility. As a part of the restructuring, the Hereford project’s senior... Read more..