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..
Algenol Biofuels, developers of DIRECT TO ETHANOL(TM), the most advanced third generation biofuels technology, today announced the appointment of David McCarthy as Vice President. Mr. McCarthy, who most recently served as Chief Counsel for Energy and Environment for the U.S. House of Representatives Committee on Energy & Commerce, will lead government affairs, and will support the company’s activities with non-government organizations (NGO’s)... Read more..
Solucorp Industries Ltd. has been granted a patent for its Integrated Fixation System (IFS) Mercury Emissions Control technology from the U.S. Patent and Trademark Office (USPTO). U.S. Patent No. 7,407,602 for the application and use of the IFS technology expires on March 24, 2026. IFS has been successfully demonstrated at live coal fired energy plants to effectively reduce both ionic and elemental mercury emissions from flue gases and is exclusively... Read more..
Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world’s electricity needs. The value of worldwide electricity revenues from wave and tidal stream projects could ultimately be between pounds sterling 60bn (euro 77.40bn) and pounds sterling 190bn (euro 245.10bn) per year. The United Kingdom... Read more..
Vattenfall has acquired the Thanet Offshore Wind project off Margate, Kent, for the sum of GBP 35 million (SEK 435 million). On completion, the wind farm will have an installed capacity of some 300 MW. This will be almost three times the size of Lillgrund, Vattenfall’s largest wind farm in Sweden to date, and about the same size as Horns Rev in Denmark, in which Vattenfall has a majority stake. Vattenfall acquired the rights to build Thanet Offshore... Read more..
Two giants of the renewables industry, Vattenfall and ScottishPower Renewables, have entered into partnership to make joint bids in the third round of offshore wind farm development in the UK. Their common goal is to establish 6,000 MW of installed wind power capacity, corresponding to enough clean green energy to power four million homes by 2020. ScottishPower Renewables, part of the world’s largest wind power operator and developer, Iberdrola... Read more..
Denham Capital, a leading energy-focused global private equity firm, announced today that it will invest equity of up to R1,5 billion (US $150 million, 95 million pounds Sterling) in BioTherm Energy, a South African developer, owner and operator of renewable and clean energy generation projects. Commenting on Denham Capital’s investment, Buyelwa Sonjica, South Africa Minister of Minerals and Energy said, “Having opened BioTherm’s... Read more..
Solar Thin Films, Inc., a developer, manufacturer and marketer of manufacturing equipment for the production of “thin-film” amorphous silicon photovoltaic solar modules, has entered into a share exchange agreement to acquire Algatec Solar AG (“Algatec”), a German company that produces and markets metallurgic silicon crystalline solar panels or modules. Under the terms of the proposed transaction, the stockholders of Algatec... Read more..
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..
Thermal Energy International Inc. announce the following senior management appointments: Peter Bennett, Sales and Marketing Director, GEM Ltd. Peter Bennett joins the Company as Sales and Marketing Director, GEM Ltd. Mr. Bennett is responsible for the overall leadership and management of UK and European sales, marketing and business development activities. This includes expanding market presence and growth of the GEM(R) steam trap product line throughout... Read more..