Obama Stimulus Package to Include $25 Billion for Renewable Energy

Congressional leaders together with Barack Obama’s new Cabinet are planning a $25 Billion stimulus package in order to meet the President-elect’s goal of doubling renewable energy production in the next three years, according to a report in Sunday’s Washington Post. President-elect Obama’s Cabinet favors an $8.6 billion extension of the Federal Production Tax Credit, a program that speeds-up the building of new wind power generation... Read more..

Amiworld Announces Appointment of New Independent Auditor

Amiworld, Inc., an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, announced that it has engaged Stark Winter Schenkein & Co., LLP, a Denver-based firm as its new independent registered public accounting firm to perform Amiworld’s annual financial statement audit, as well as quarterly reviews of the company’s financial statements... Read more..

U.S. Energy Corp. Announces Investment in Geothermal Entity

U.S. Energy Corp. announced that it has invested $3.445 million in Standard Steam Trust LLC, a private geothermal exploration and development company based in Denver, Colorado. Current capitalization of SST (with other partners) is $13.8 million (25% USE), which now includes approximately 60,000 acres of BLM, state and fee leases in seven prospect areas in three states. Acreage accumulation is ongoing, with 15,216 acres (included in the figure above)... Read more..

NxtGen Emission Controls Inc. Announces the Close of a $15.4 Million USD Series ‘B’ Investment Led by Altira

NxtGen Emission Controls Inc. announced the closing of a $15.4 million USD Series B investment led by Altira Group LLC. NxtGen is an emerging leader in syngas technology for diesel engine combustion optimization. NxtGen’s technology is making existing and new engines cleaner to meet global emission reduction regulations. It provides a platform for advanced emission and combustion technologies for multiple fuels, including diesel, biodiesel,... Read more..

Altira Demonstrates Its Commitment to Helping Meet Global Energy Demand by Investing in the Industry’s Leading Energy Recovery and Emission Control Provider

Altira Group LLC, a pioneer and leader in venture capital and private equity funding for energy technology companies, today announced a seven Million dollar investment in Eco Power Solutions (Eco Power), of Quincy, MA. Altira’s investment in Eco Power was made from its Altira Technology Fund V — a $176 Million fund focused on venture capital for energy technologies. Eco Power designs and builds a unique all-in-one industrial grade energy... Read more..

Pure Power Named ‘Most Successful’ New Green Power Program

The United States Department of Energy (DOE) has named UE’s Pure Power(TM) program the “most successful” New Green Power Program of the year, company officials report. DOE along with the U.S. Environmental Protection Agency and the Center for Resource Solutions are honoring 25 leading corporations, renewable energy suppliers and industry pioneers this week. Citing Pure Power as the largest green-pricing programs in the Midwest with... Read more..

Pure Cycle Announces Developer May Terminate Involvement With the Lowry Range

Pure Cycle Corporation announced that Lend Lease Lowry Range LLC (Lend Lease) has notified the Colorado State Board of Land Commissioners (State Land Board) of its intent to terminate, as of December 31, 2008, its agreement with the State Land Board regarding development at the Lowry Range. Lend Lease, an Australian based developer, entered the Colorado development market in 2005 after it was selected by the State Land Board to develop portions of... Read more..

Goldman Sachs and Blue Source Create Strategic Alliance to Market U.S. Greenhouse Gas Emission Reductions

The Goldman Sachs Group, Inc. and Blue Source LLC today announced a strategic alliance that combines Goldman’s global leadership in commodities trading and financial risk management with Blue Source’s leading climate change portfolio. As part of the alliance, Goldman Sachs has purchased an equity stake in Blue Source LLC. Goldman Sachs will off-take, structure and market a broad range of verified emissions reductions (VERs) resulting from certain... Read more..

Fitzgerald Selected to Provide New Plug-in Hybrid Conversion Systems

Fitzgerald Auto Malls has been selected as one of only six car dealers in the US to offer exclusive Hymotion L5 Plug-In Prius Conversion Modules from A123Systems. These modules allow the dealership to convert Prius hybrid vehicles into plug-in hybrids capable of 150+ MPG. “We are excited to offer our customers more options to help moderate the effects of high fuel costs,” says Fitzgerald Auto Malls Chairman and Founder Jack Fitzgerald.... Read more..

ProLogis to Participate in National Study on Energy-Saving Technologies and Design Solutions for Commercial Real Estate Buildings

ProLogis, the world’s largest owner, manager and developer of distribution facilities, announced today that it will participate in a new, national study sponsored by the U.S. Department of Energy (DOE) to speed market adoption of current technologies and design solutions that yield significant, measurable energy savings for commercial buildings. In July 2008, the DOE solicited proposals from national laboratories to achieve cost-effective energy... Read more..