Infinity Secures Additional Financing and Enters Into Forbearance Agreement With Amegy Bank, N.A.

Infinity Energy Resources, Inc. an independent oil and gas exploration and development company, today announced that it has secured $1,050,000 in additional financing and entered into a Forbearance Agreement (the “Agreement”) dated February 16, 2011 with Amegy Bank, N.A. (“Amegy”) under the Loan Agreement, dated January 9, 2007, as amended and supplemented (the “Loan Agreement”). The Company also announced that... Read more..

Green Energy Resources Commences Shipment of 20,000 Tons of Hurricane Ike Wood to Twin Oaks, Texas Power Plant

Green Energy Resources Inc. commenced shipping 20,000 tons of Hurricane Ike wood to Sempra Energy’s Twin Oaks power plant located near Waco, Texas. The 170 megawatt power plant is temporarily switching from coal to wood biomass to be “greener”, according to the announcement on the power plant’s website. Green Energy Resources is the subcontracted supplier. Green Energy Resources is collaborating on multiple projects nationwide... Read more..

Marine Energy Market: Huge Potential for the UK

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..

Yingli Green Energy Signs New Long-Term Polysilicon Supply Agreement with Wacker Chemie AG

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic product manufacturers, today announced it has entered into a new long-term polysilicon supply agreement with Wacker Chemie AG. Under this agreement, Wacker Chemie will supply Yingli Green Energy with polysilicon from 2010 through the end of 2017. The total amount of polysilicon supplied is expected to allow Yingli Green Energy to produce... Read more..

Future Fuels Creates Pennsylvania Clean Coal Project

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..

Renew Energy Resources’ Legacy Oil, Florida Signs Production Partnership Term Sheet with Alabama Based EnerSight Fuels, Inc.

Renew Energy Resources, Inc., announced that its wholly owned subsidiary, Legacy Oil, Florida, (Legacy) has executed a term sheet for a production partnership including a long term feedstock supply agreement for recycled waste vegetable oil (RWVO) with EnerSight Fuels, Inc (EnerSight). As part of Renew’s vertical integration business model, Renew has found a feedstock supply partners that can supply material and bring other resources to the partnership.... Read more..

Beacon Redevelopment Industrial Corporation Forms Wholly Owned Energy Subsidiary to Operate its Natural Gas Properties

Beacon Redevelopment Industrial Corporation announced that it has formed a wholly owned subsidiary (Beacon Energy Corporation) to manage and operate its natural gas assets. Beacons Management has taken this action to segregate its energy holdings from its real estate holdings so that it may accelerate growth in both its real estate and energy subsidiaries. This action will not negatively affect the shareholders or the company’s ownership of... Read more..

Yingli Green Energy and TUV Rheinland Sign Strategic Partnership MOU

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic product manufacturers, today announced that it has entered into a memorandum of understanding with TÜV Rheinland (Shanghai) Co., Ltd. to form a strategic partnership covering a range of quality control initiatives at the Company. Under the proposed strategic partnership, TÜV Rheinland would conduct periodic factory inspections to review... Read more..

Worldwide Energy and Manufacturing Announces Approximately $38M to Date in Solar Division Contracts

Worldwide Energy and Manufacturing USA, Inc., a U.S.-based China manufacturing company specializing in products for customers in the industries of solar energy, aerospace, wireless telecommunications, medical equipment and automotive, today announced that its solar division, AmeriSolar, has signed solar module contracts for new orders valued at approximately $8.2 million. The company expects all contracts to be filled and recorded in the 2008 calendar... Read more..

Yingli Green Energy’s Principal Operating Subsidiary Receives Additional Credit Line from China Eximbank

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that it’s principle operating subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd. (“Tianwei Yingli”), has entered into a new credit line trade finance facility agreement (the “Agreement”) with the Export-Import Bank of China (“China Eximbank”), a government policy... Read more..