State and Local Regulatory Hurdles Can Slow Clean Energy Innovations

Complex pricing, expansive approval processes and lack of incentives to use low carbon energy sources are some of the unintended consequences of the highly regulated energy sector that inhibit “clean energy” innovations, according to a Ewing Marion Kauffman Foundation review of state and local laws presented at an energy conference at the White House today. The conference was a partnership of the White House, federal agencies and the Kauffman... Read more..

New Hydropower Plant in Nepal Completed With German Development Cooperation Funds

In a ceremony attended by representatives of the German Federal Ministry for Economic Cooperation and Development (BMZ) and KfW Entwicklungsbank, the Government of Nepal has inaugurated and put into operation the Middle Marsyangdi hydropower plant situated west of the capital Kathmandu. KfW Entwicklungsbank financed the power plant on behalf of the BMZ with some EUR 180 million while the Nepalese side financed EUR 98 million. With an installed capacity... Read more..

N-Viro International Corp. Forms Joint Venture to Operate N-Viro Fuel Facility in the Mahoning Valley in Ohio

N-Viro International Corp.,, an environmental and materials handling company that owns patented technologies that convert various types of wastes into the renewable biofuel N-Viro Fuel(TM), has formed a joint venture with SouthSide Environmental Group, a subsidiary of Schimley’s Excavating, Inc., to jointly construct, manage and operate an N-Viro Fuel facility in the Mahoning Valley, Ohio, (near Youngstown). This new facility will mark N-Viro’s... Read more..

Russian Generator Set Market – Generating Enough Opportunities?

The global financial turmoil of the past few months has interrupted the outstanding growth pattern of the Russian Generator Set market, making the future hard to predict. The question now is, “Are we experiencing a hiccup or is this stall going to define this market in the future?” Certainly, the trend until this summer has been strong market growth. However, since the summer, Russia, like other economies, is feeling the fallout of the... Read more..

Freedom Financial Holdings Receives Initial Round of Funding to Deploy Company’s Heavy Oil Initiative

Freedom Financial Holdings, Inc. CEO Brian Kistler announced that the company has received its initial round of financing to begin deployment of its heavy oil initiative. The company also recently announced it has secured Oil and Gas Leases for 500 acres of ground in Vernon and Barton County, Missouri. “Receiving a first round of funding from our new financial partners, VSource1 and Scarborough Capital, proves that we are on the right track... Read more..

Pritchard Capital Partners Hires Senior Professionals to Expand Sales and Trading Group

Pritchard Capital Partners, an energy investment bank and institutional financial services firm, announced today additional expansions to its institutional sales and trading teams with the addition of Owen Jones and John Joyce. Mr. Jones joins as a senior vice president sales trader based in the Washington, D.C., office and Mr. Joyce joins as a senior vice president in the firm’s institutional sales team in the New York office. Mr. Jones has... 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..

Ecosphere Technologies Announces $2 Million Investment From Bledsoe Capital Group

Ecosphere Technologies, Inc., a diversified water engineering and services company, announces that Bledsoe Capital Group has agreed to advance $2 million to Ecosphere Technologies to support the progress and implementation of the Ecosphere Ozonix technology in the energy industry. The $2 million advance is a bridge loan with the first $500,000 expected to fund by November 11, 2008 and the balance by November 30, 2008. Further details and conditions... Read more..

Environmental Power Announces Offering of Convertible Notes to Fund Renewable Energy Projects

Environmental Power Corporation announced the offering of its 13% Convertible Notes due January 1, 2014. Proceeds from the sale of the notes will be used to fund the construction and operation of the renewable energy projects being developed by Environmental Power’s subsidiary, Microgy, Inc., and its affiliates. The notes will be offered at par, bearing interest at a proposed rate of 13% per annum and include conversion provisions over the term... 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..