Petroplus Announces an Incident at its Ingolstadt Refinery

Petroplus Holdings AG announced that an incident occurred at its Ingolstadt refinery. At approximately 23:15 Central European Time (CET) yesterday, a fire occurred at a reflux pump associated with the crude oil unit. Refinery and local emergency response teams responded to the incident and the fire was immediately brought under control and extinguished in about an hour. There were no injuries or reported offsite environmental impacts. There was no... Read more..

German Solar Integrator Agrees to Purchase Solar Modules from Solar Power, Inc.

Solar Power, Inc. has completed its first sale to a prominent German solar integrator of its photovoltaic solar modules for use in the integrator’s Germany-based installation projects. An initial supply of SPI’s 200-watt panels was shipped to the integrator at the end of December 2008. The transaction follows IEC certification in early December 2008 of SPI’s family of solar modules by VDE laboratories located in Main, Germany. The IEC certification,... Read more..

AES Subsidiary Secures Financing for 22 MW North Rhins Wind Farm in Scotland

The AES Corporation announced that its wholly-owned subsidiary, Wind Energy (North Rhins), Limited, secured £35.1 million in long-term financing to construct and operate the 22 MW North Rhins wind farm in Scotland, UK. The £35.1 million facility is a non-recourse senior project construction and term loan from Barclays Commercial Bank. The loan is repayable over 15 years from the start of commercial operation, which is scheduled for October 2009. The... Read more..

Global Earth Energy, Inc. Announces Plans to Export Biodiesel Fuel to Europe

Global Earth Energy, Inc. anticipates the opportunity to export the biodiesel produced at their chemical plant in Leland, NC. Due to the increase in taxes on biodiesel in Germany, there has been a decrease in the production of the alternative energy fuel. With the decline of sales and production overseas, there is an excess amount of feedstock, the raw material used to produce biodiesel. Feedstock is the largest cost in manufacturing the fuel source... Read more..

Green Energy Resources, Inc. Signs $21 Million Supply Contract to Europe for Energy Woodchips

Green Energy Resources, Inc. has signed a European supply contract for $21 million. The order is effective immediately. Orders for the fourth quarter 2008, the 1st quarter 2009 and all of 2009 will meet or exceed the company’s target objectives. Reduced international shipping freight rates, lower fuel costs and a relatively strong euro-dollar have set the stage for the unexpected year end surge in sales. The global recession has decreased shipping... Read more..

Ultralife Corporation Receives $6.9 Million in Military Battery Orders

Ultralife Corporation has received orders valued at approximately $6.9 million from the U.S. Defense Department for its BA-5390 and BA-5347 batteries. The orders represent releases under 5-year contracts awarded to Ultralife in 2004 and 2005. Deliveries are expected to begin in January and be completed in July 2009. Ultralife Corporation, which began as a battery company, now serves its markets with products and services ranging from portable and... Read more..

Suntech Power and Open Energy Sign Solar Roof Tile Licensing Deal

Suntech Power Holdings Co., Ltd., a leading manufacturer of photovoltaic (PV) modules, and Open Energy Corporation, a developer of innovative and elegant BIPV products, energy management applications and solar energy solutions announced that they have entered into an exclusive agreement licensing the worldwide manufacture, distribution and marketing of Open Energy’s building integrated solar roof tile product to Suntech. Open Energy granted... Read more..

AMI DODUCO Prepares for High-Voltage Infrastructure Market Opportunities

AMI DODUCO, a Technitrol company, announced that it has completed a two-year program to expand production in high-voltage contact technology. Custom-designed furnaces have been acquired, the latest-generation welding equipment brought on board and the mechanical and automated production centers expanded. “Despite the broad economic slowdown, these investments are timely,” said Christian J. Hagedorn, AMI DODUCO’s Vice President of Marketing and... Read more..

Global Solar Leaders and UNEP Outline Central Role for Solar in Climate Solution at United Nations Climate Change Conference in Poland

Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations Climate Change Conference in Poznan, Poland to propose the rapid implementation and expansion of... Read more..

ICE Launches Argus Gasoline and Crack Spread Swaps

Argus Media is pleased to welcome the launch of two new Argus swaps on ICE’s over-the-counter marketplace. From today, the energy industry will be able to trade and clear Argus Northwest European Gasoline Swaps and Argus Northwest European Gasoline Swap vs Brent First Line Swaps on ICE’s platform. Argus gasoline prices are the main price reference for international gasoline spot and term contract physical trade in northwest Europe and... Read more..