Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company’s Systems business unit has received approximately $1.2 million in orders to design and fabricate thermal oxidizer systems. These orders, one from a Fortune 500 company in the Southwest United States and the other from a landfill gas purification customer in the Northeast United States, are expected to be delivered during... Read more..
Invensys Process Systems (IPS), a global technology, software and consulting firm, announced that it has been selected by Enel to supply control and automation technology for the world’s first hydrogen-fuelled power plant, to be constructed in Fusina, near Venice in the Veneto region of Italy. Enel is Italy’s largest power company with more than 50 million power and gas customers and a presence in 21 countries. The new facility, which... Read more..
Oglethorpe Power Corporation (OPC), the nation’s largest power supply cooperative, today announced plans to build as many as three 100 megawatt (MW) biomass electric generating facilities in Georgia. Designed to utilize woody biomass, one of the state’s most abundant renewable resources, the power plants will be carbon-neutral and provide power to OPC’s 38 member cooperatives, which supply electricity to nearly half of Georgia’s... Read more..
UOP LLC, a Honeywell company, announced today that it has signed a letter of intent with Ensyn Corp to form a joint venture to offer technology and equipment to convert second-generation biomass into oil for power generation, heating fuel and eventually for conversion into transportation fuels. UOP and Ensyn expect to finalize terms for the venture in the fourth quarter of 2008. The joint venture company will offer Ensyn’s proven Rapid Thermal... Read more..
Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world’s automotive, military, transport and new energy industries, today announced the formation of a dedicated global strategic business group to focus the company’s state-of-the-art resources in technology, facilities and engineering skills on hybrid and electric vehicle development. The new organization, to be known as the... Read more..
Parker Hannifin Corporation, the world leader in motion and control technologies, today announced that it has acquired Lingk & Sturzebecher of Stuhr, Germany. The acquired company, better known regionally as L&S, is a manufacturer of light weight carbon fiber high pressure cylinders and actuators including those based on composite technologies, for aerospace, mobile and industrial markets. This composite material technology will enable Parker... Read more..
Doosan Babcock jointly with Doosan Heavy Industries of Korea have announced a Global Technology Licensing Agreement with a leading Canadian CO2 management technology company, HTC Purenergy Inc. (“HTC”). In conjunction with the Licensing Agreement, Doosan Babcock and Doosan Heavy Industries will subscribe to a Private Placement for an approximate 15% equity share ownership in HTC and seat on HTC’s Board of Directors with the investment... Read more..
The U.S. Department of Energy estimates that the nation’s schools spend an average of $175 per student on energy costs — a figure that continues to rise every year. Overall, utility bills are the second largest expense behind personnel costs At the same time, there is a growing awareness across the country about environmental impact and the effects of global warming. And many schools are looking for ways to reduce carbon emissions and... Read more..
HLS Systems International, announced that it is in late stage discussions with some of the largest wind turbine producers in China to provide their critical automation control systems. HLS expects to solidify a formal relationship with one or more of these companies in the next few months and expects to begin producing wind power control systems later this year. Dr. Wang Changli, HLS’ CEO commented, “We are excited to announce our entry into China’s... Read more..