Shiny new electric vehicles, emitting only low-whirring sounds, glistened as they darted among the few sun breaks in Seattle outside a Cascadia Center conference titled Beyond Oil: The Sustainable Communities Initiative. The all-electric Ford Focus made its debut at the late-October event, co-sponsored by Idaho National Laboratory. Ford’s Focus added to a charged atmosphere around the Department of Energy’s $100 million grant for a 36-month... Read more..
Future Fuels LLC has created a strategic investment with Immersive Media Corp. in Future Power PA LLC, a wholly-owned subsidiary of Future Fuels. The two parties intend to develop an electricity generation project using state-of-the-art clean coal gasification technology in Schuylkill County, Pennsylvania. A strategic investment by IMC of $5 million should ensure adequate resources are available to successfully develop this project. The late Senator... Read more..
Comverge, Inc. a leading provider of clean energy through demand response and energy efficiency announced today that it expects to record a non-cash impairment charge of goodwill and certain intangible assets in the range of $65 million to $79 million for the three months ended September 30, 2008. The net non-cash impairment charge is estimated to increase diluted net loss per share by $3.05 to $3.71 per share. Comverge will release third quarter... Read more..
Rentech, Inc. announced that the Company believes the enactment of the Emergency Stabilization Act is a positive step toward creating financial stability in the marketplace. The inclusion of several tax provisions in the Act will greatly benefit Rentech’s efforts in domestic alternative fuels production. Rentech has a commercial pipeline of both biomass and fossil based projects utilizing the Rentech Process, a patented and proprietary technology... Read more..
Comverge, Inc. a leading provider of clean energy solutions announced today the showing of two ZigBee® Certified products with the ZigBee Smart Energy profile. Both the Comverge SuperStat® Smart Programmable Thermostat and the Digital Control Unit(TM) (DCU) load control solution will be on display at Comverge booth number 711 on September 7th to the 10th at Autovation 2008 Atlanta, Georgia. As a Participant member in the ZigBee Alliance, Comverge... Read more..
Less than three months after announcing a strategic investment into thin-film photovoltaics, Masdar, the Abu Dhabi renewable energy company, yesterday broke ground on its first photovoltaic production plant in Ichtershausen, Germany. The plant will use advanced production technologies to bring PV closer towards grid parity, and enhance a local economy with a rich history of manufacturing and technology. The $230 million (EUR 150 million) German plant... Read more..
Albemarle Corporation, a leading global supplier of petroleum refining catalysts and additives, will increase the prices of its fluidized catalytic cracking (FCC) catalysts for both heavy feed (Resid) and vacuum gas oil (VGO) cracking applications by 20 percent worldwide, effective September 1, 2008, or as contracts allow. Natural gas and rare earth surcharges will continue to apply. Albemarle is a leading, global developer and supplier of hydroprocessing... Read more..
Rentech, Inc. announced that the Company has successfully produced synthetic fuels at its Product Demonstration Unit (PDU) in Commerce City, Colorado. Rentech’s PDU is the only synthetic fuels facility in the United States today producing transportation fuels. The facility is designed to produce approximately 420 gallons per day of synthetic jet and diesel fuels and demonstrates the successful design, construction and operation of a fully-integrated... Read more..