SunPower and Ecoware Sign 130 Megawatt, Four-Year Customer Agreement

SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a customer contract with Italian solar plant integrator Ecoware, S.p.A. Under the terms of the agreement, SunPower will provide Ecoware with at least 130 megawatts of its high-efficiency solar panels over the next four years. Ecoware will begin receiving SunPower’s solar panels under the agreement... Read more..

ConocoPhillips and CleanFUEL USA Launch Program to Increase Propane Fueling Sites

CleanFUEL USA and ConocoPhillips have signed a three-year agreement to advance propane infrastructure for the U.S. transportation fuel industry. Under the agreement, the two companies will provide resources to install and supply propane fuel pumps for commercial fleet fuel users. Propane fueling stations will be installed not only at fleet owner sites, but may also be made available nationwide at select ConocoPhillips’ branded stations, which include... Read more..

PG&E Employees Receive Annual Environmental Leadership Award for Protecting Natural Resources, Raising Awareness About Compact Fluorescent Lamps

Pacific Gas and Electric Company (PG&E) announced the winners of its seventh annual Richard A. Clarke Environmental Leadership Award. The award acknowledges the top individual and team efforts for demonstrating PG&E’s ongoing environmental leadership, focusing on areas such as environmental protection, energy efficiency and renewable energy. “Each year, the Clarke Award recognizes environmental leadership across all aspects of... Read more..

LAX FlyAway Wins Innovative Transportation Solutions Award

The LAX FlyAway Program received the first Innovative Transportation Solutions Award today from the Women’s Transportation Seminar – Los Angeles Chapter recognizing the program’s contributions to improving the quality of life for users and the community. Los Angeles World Airports (LAWA) operates the LAX FlyAway network of non-stop buses between Los Angeles International Airport (LAX) and three locations: Union Station, Van Nuys... Read more..

USA Biomass to Chair Platts’ National Biomass Power Forum

USA Biomass Chairman Robert Cleaves will chair Platts’ highly anticipated national Biomass Power Forum November 6-7 in Florida, which features biopower experts from throughout the country — including Cleaves — who will explore biomass economics, key biomass finance structures, the role biomass plays in meeting RPS, and opportunities for expansion and financial investment in this growing industry. “It’s an honor to chair... Read more..

SunPower Announces Impact of Recent Foreign Exchange Rate Volatility

SunPower Corporation announced that substantial strengthening of the U.S. dollar relative to the Euro during the fourth quarter is expected to reduce earnings growth in the current quarter and fiscal year 2009. SunPower has historically operated under a hedging policy to minimize its exposure to changes in the foreign exchange rate between the U.S. dollar and other currencies. In connection with its global tax planning the company recently changed... Read more..

Intematix Combines Blue Chips with Amber Phosphor to Give LED System Efficiency a Leap Forward

Intematix Corp., a leading innovator in phosphors, LED components and solid state lighting modules, has added an amber-color LED family to its growing line of packaged device solutions. Its new amber-color product line leverages Intematix’ patented phosphor technologies in combination with InGaN blue LED chips to create the breakthrough product family. Blue-excited amber LEDs offer substantial increases in efficiency and temperature stability... Read more..

Funding Pours in for Green Valley Initiative

The Green Valley Initiative (GVI) has received grants and pledges totaling nearly $200,000 to help fund future efforts to bring clean and green technologies to the Inland Empire, representatives announced Tuesday. The economic development agencies of both Riverside and San Bernardino counties have committed $25,000 each to the process of identifying and promoting clean and green technology opportunities and projects for the region – efforts that... Read more..

Environmental Power Announces Offering of Convertible Notes to Fund Renewable Energy Projects

Environmental Power Corporation announced the offering of its 13% Convertible Notes due January 1, 2014. Proceeds from the sale of the notes will be used to fund the construction and operation of the renewable energy projects being developed by Environmental Power’s subsidiary, Microgy, Inc., and its affiliates. The notes will be offered at par, bearing interest at a proposed rate of 13% per annum and include conversion provisions over the term... Read more..

Judy Chu Says California’s Gas Consumption Down 5.6 Percent

Judy Chu, Ph.D., Chair of the California State Board of Equalization (BOE), released figures on gasoline consumption in California showing a decline of 5.6 percent in July 2008 from July 2007. Californians consumed 1.26 billion gallons of gasoline in July, which is 74.2 million gallons below that of July 2007. The average California gas price at the pump in July 2008 was $4.51 per gallon, a 42.3 percent increase from the average price of July last... Read more..