Raser Technologies Completes Initial Commissioning Tests of Thermo

Raser Technologies, Inc., a leader in geothermal power generation, announced that it is nearing completion of the commissioning process of the 50 power generation units at its first commercial-scale power plant, in Beaver County, Utah, demonstrating the viability of advanced technology that can make geothermal a major price-competitive resource for this country’s energy supply. Most of the individual units have been commissioned and placed in service.... 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..

The Brattle Group Projects $1.5 to $2.0 Trillion Investment Needed in the U.S. Electric Utility Industry by 2030

The U.S. utility industry will have to invest between $1.5 and $2.0 trillion between 2010 and 2030 to maintain current levels of reliable energy service for customers throughout the country, according to a new report issued today by The Brattle Group. The findings are detailed in “Transforming America’s Power Industry: The Investment Challenge 2010-2030,” presented today by Peter Fox-Penner, a principal of The Brattle Group, at the... Read more..

Southern California Edison Announces Major Advance in Efforts to Offset the Environmental Impact of Coastal Power Generation

Southern California Edison (SCE) announced completion of the largest environmental project of its kind in the United States – a 175-acre artificial giant kelp reef off the coast here. With the placement of 120,000 tons of rock on the ocean floor, the project is expected to produce the nation’s first sustainable artificial kelp forest attracting many species of coastal fish and invertebrates dependent on such underwater habitats for shelter and... Read more..

Raser Technologies Inaugurates Utah Geothermal Plant with Advanced Technology That Can Make Geothermal a Major Source of the U.S. Energy Supply

Raser Technologies, Inc., a leader in geothermal power generation, inaugurated late yesterday its first commercial-scale power plant, in Beaver County, Utah, demonstrating the viability of advanced technology that can make geothermal a major price-competitive resource for this country’s energy supply. The plant’s output has already been committed to supply electricity to Anaheim. The company noted that the Beaver County plant, called Thermo, was... Read more..

Green Energy Upgrades Make Corporate Office a Net Energy Producer

RCG LLC, developer of East Mill, and tenant Nexamp, Inc., a veteran-owned energy and carbon solutions company, recently completed extensive onsite renewable energy and energy efficiency improvements. These green energy upgrades make Nexamp’s corporate office a “beyond zero net-energy” workplace: a rare facility that produces more energy than it consumes. The improvements at East Mill — a commercial complex of renovated 1850s... 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..

BIO Urges EPA to Complete Sound Scientific Review Before Publishing Greenhouse Gas Emission Estimates for Biofuels

The U.S. Environmental Protection Agency must establish a sound, science-based model for measuring net greenhouse gas emissions related to biofuels production before releasing estimates that may understate the positive role biofuels play in reducing climate change emissions. The Biotechnology Industry Organization (BIO) today released a letter sent to EPA Administrator Stephen L. Johnson on Oct. 23, urging the agency to release and seek comment on... Read more..

Spectra Energy’s Pine River Phase III Project Comes Into Service

Spectra Energy has successfully completed expansion of its natural gas gathering system in the Grizzly Valley area of northeastern British Columbia (BC). The project represents the third phase of expansion connected to the Pine River Processing Plant, near Chetwynd, BC, and includes 17 kilometers of new pipeline (parallel to existing lines), an additional 40 million cubic feet per day of gathering capacity, and modifications at the Pine River facility... Read more..

VeraSun Energy Corporation Receives Commitments for Up to $215 Million in Debtor-In-Possession Financing

VeraSun Energy Corporation, one of the nation’s largest ethanol producers, announced today that it had received commitments for up to $215 million in debtor in possession (DIP) financing from certain holders of VeraSun’s 9 7/8% senior secured notes due 2012 and groups of lenders led by AgStar Financial Services. At today’s “first day” hearing, the U.S. Bankruptcy Court entered an interim order allowing VeraSun and its... Read more..