SonnenEnergy Corp. announces that Hypo Group (Alpe Adria) has given notice of cancellation of its Hire Purchase Agreements with the Company’s subsidiary, SonnenEnergie GmbH, pursuant to which the photovoltaic installations situated at Tutzing, Habach, Hechendorf and Waldstetten in Germany were financed, alleging default of payment by SonnenEnergie GmbH, and has demanded payment in accordance with the terms of those contracts. SonnenEnergie... Read more..
Vattenfall has signed a deal to sell Hillerød Combined Heat and Power Station in Denmark The buyer of the CHP station and the northbound heat transmission line is Hillerød Forsyning. Simultaneously a deal has been struck with Vestforbrænding on buying a southbound heat transmission line from Hillerød CHP station. Hillerød Forsyning is expected to take over the station formally during the first months of 2011. Vattenfall acquired Hillerød CHP... Read more..
Weststar Resources Corp. announce the acquisition, subject to TSX Venture Exchange approval, of a 100% interest in six Coal Exploration Licence applications, located on the Bache Peninsula, Ellesmere Island, Nunavut Territory. The Exploration Licences cover an area of approximately 450 square kilometers (45,000 hectares) with the final land package to be determined at the time of granting of the Exploration Licences. A general location map of the... Read more..
Masdar chief executive Dr. Sultan Al Jaber announced that Masdar, a multi-faceted future energy initiative wholly owned by the Mubadala Development Company, is well-positioned to capitalise on the “undeniable momentum and long term viability” of renewable energy technology in his keynote speech at the World Future Energy Summit in Abu Dhabi. Dr. Al Jaber acknowledged the recent global economic downturn in his opening ceremony address,... Read more..
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..
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..
Atlas Copco has won a multi-million USD contract to supply six turboexpander compressors for a new type of application related to liquefied natural gas (LNG). The customer, Norway-based KANFA Aragon A.S., part of the Sevan Marine Group, will use the equipment for the world’s first floating natural gas liquefaction plant. Installed aboard a so-called M-flex storage vessel, the six turboexpander compressors will be a driving force at the plant, used... Read more..
Euro BioEnergy Holdings, a European biomass development platform, today announced the acquisition of German biomass power plant Biomasse Heizkraftwerk Herbrechtingen GmbH from its former owners Sturm Holding GmbH & Co. KG, Fortum Power Holding B.V., and Ingenieurburo Oskar von Miller GmbH. Financial details were not disclosed. Biomasse Heizkraftwerk Herbrechtingen GmbH owns and operates the Herbrechtingen BioHKW power plant with a total firing... Read more..
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..
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..