Orion Energy Systems Recognized for Manufacturing Excellence

The Green Bay Area Chamber of Commerce, in Green Bay, Wis., named Orion Energy Systems Inc. Manufacturer of Distinction for Industrial Technology during its annual awards dinner on Nov. 6, 2008. The award is given to recognize a manufacturer in Northeast Wisconsin for cutting-edge technological advancements and excellence in manufacturing. Jim Haney, president of the Wisconsin Manufacturers and Commerce Association, presented the award to Orion. Orion... Read more..

Chesapeake Energy Corporation Announces Marcellus Shale Joint Venture and International Unconventional Natural Gas Exploration Alliance with StatoilHydro

Chesapeake Energy Corporation announced the execution of an agreement for a joint venture with StatoilHydro whereby StatoilHydro will acquire a 32.5% interest in Chesapeake’s Marcellus Shale assets in Appalachia for $3.375 billion, leaving Chesapeake with a 67.5% working interest. The assets include approximately 1.8 million net acres of leasehold, of which StatoilHydro will own approximately 0.6 million net acres and Chesapeake will own approximately... Read more..

Despatch Industries Realigns Corporate Business to Focus on Growth Markets

Despatch Industries, the leading process technology provider for the clean technology and thermal processing industries, announces that it has organized its business into three units: Despatch Solar, Despatch Carbon Fiber and Despatch Thermal Technology. The company has seen unparalleled growth in these markets and is now suitably aligned to focus on building strong partnerships with its customers, to expand its technology and process innovations... Read more..

Octillion Advances Development of Technologies Capable of Generating Electricity from Moving Vehicles

Octillion Corp., a next-generation alternative and renewable energy technology developer, today announced plans to further Octillion’s development of first-generation devices capable of generating electricity by harvesting energy from vehicles in motion. The Company has entered into an agreement with Veryst Engineering LLC, a respected Boston-based engineering firm with expertise in energy capture technologies. Working with the Office of Naval Research,... Read more..

Groom Energy and Nexus Environmental Partners Join Forces to Bring Sustainability Solutions to Colleges and Universities

Groom Energy Solutions and Nexus Environmental Partners (Nexus) announced a partnership to assist colleges and universities reduce their overall environmental impact as part of the American College and University President’s Climate Commitment. Together, the companies will provide institutions with individual, strategic, multi-year climate commitment plans and roll out the programs and facility upgrades to deliver the reductions. The implementations... Read more..

Freedom Financial Holdings Receives Initial Round of Funding to Deploy Company’s Heavy Oil Initiative

Freedom Financial Holdings, Inc. CEO Brian Kistler announced that the company has received its initial round of financing to begin deployment of its heavy oil initiative. The company also recently announced it has secured Oil and Gas Leases for 500 acres of ground in Vernon and Barton County, Missouri. “Receiving a first round of funding from our new financial partners, VSource1 and Scarborough Capital, proves that we are on the right track... Read more..

ComEd Hosts Community Energy Challenge for Chicagoland Communities

ComEd today announced its first Community Energy Challenge, one of the first of its kind in the nation. A dozen local municipalities have been chosen to participate due to their demonstrated commitment to sustainability. The Challenge will kick off Nov. 12 with a Mayors’ Planning Charrette at the Museum of Science and Industry in Chicago and will run through May 2010. The Challenge is designed to help municipalities in the ComEd service territory... Read more..

GreenMan Technologies, Inc. Subsidiary Awarded More Than $300,000 in Multiple Contracts by State of Iowa

GreenMan Technologies announced that its wholly owned subsidiary, Welch Products, has been awarded 15 new playground surfacing and ADA compliance services projects through its Master Agreement with the State of Iowa. A portion of the funding for these projects is provided by the IDNR Scrap Tire Development Program, whose funding recipients are required to use recycled products derived from Iowa scrap tires. The $300,000 award is split between two... Read more..

Atlantic Energy Solutions Closes on $10 Million Transaction With Trafalgar Capital

Atlantic Energy Solutions, Inc. announce that that they have closed on their transaction with Trafalgar Capital Specialized Investment Fund, a Luxembourg-based company that specializes in working with small cap companies in helping them achieve their growth objectives. Trafalgar has committed up to $10,000,000 over a two-year period with the initial funding of $2,500,000 provided to Atlantic Energy Solutions in support of the Company’s growth... Read more..

History Made with Completion of First Biodiesel Trans-Continental Jet Flight

Leading the way in the biodiesel industry, Lake Erie Biofuels, LLC has made history with co-sponsoring the first ever biodiesel trans-continental jet flight “Green Flight International.” “With Lake Erie Biofuels supporting this project, I had full confidence in the aircraft’s ability to perform at peak capability,” said Green Flight’s Chief Pilot Carol Sugars. Lake Erie Biofuels, an Erie Management Group company,... Read more..