Opcon has entered into a cooperation agreement with the Japanese company Miura Co. with around 2,000 employees and with recorded sales of over JPY 70 billion in 2007. The agreement is part of a broad investment for growth. In time, the aim is to conclude a distribution and resale agreement between Opcon and Miura regarding Opcon Powerbox. Miura’s principal business focuses on sales of steam and hot water boilers to heavy industry, shipping companies,... Read more..
Kitimat LNG Inc. and Mitsubishi Corporation announced that they have signed a Heads of Agreement under which Mitsubishi will acquire terminal capacity and an equity stake in Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal. The Heads of Agreement sets forth the terms, pursuant to which Mitsubishi will commit to purchase 1.5 million tons per annum (mtpa) of terminal capacity and acquire a minority equity interest in Kitimat... 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..
The International Fuel Quality Center (IFQC) has ranked the top 100 countries based on benzene content standards in gasoline; Colombia came in first with the earliest implementation of the lowest benzene limits. Following in second and third were Canada and Luxembourg, respectively. Benzene is found naturally in crude oil and thus passes into refined products, including transportation fuels. The U.S. Environmental Protection Agency (EPA) classifies... Read more..
Chiyoda Corporation, Japan’s leading engineering and construction firm, has been awarded a contract by Tokuyama Corporation for the Front-End Engineering Design (FEED) of a polycrystalline silicon plant in Malaysia. The FEED work is scheduled to be completed in the first half of 2009. 1. Client: Tokuyama Corporation 2. Contract Details: FEED work for a polycrystalline silicon plant (annual production scale of 3,000 tons) 3. Planned Construction... Read more..
Sunrise Consulting Group Inc. is moving quickly to establish itself as a major player in the fast-growing international solar energy market. Last week the company announced its plans to purchase up to 60% of Sunrise Solartech Co. Ltd., and since that time Sunrise Consulting has been working diligently to finalize funding of its expansion plans. Sunrise Solartech is one of China’s largest manufacturers of Photovoltaics (solar PV) products. Solar... Read more..
World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced N.serve Environmental Services GmbH sold 300,000 primary CERs to Electrabel GDF Suez via the World Green Exchange. The auction was structured to provide bidders with transparency into project characteristics and help N.serve transact with confidence despite volatility in world carbon markets. N.serve and World Energy tailored the transaction... Read more..
Ener1, Inc. maker of advanced lithium-ion battery solutions to power the next generation of hybrid, plug-in hybrid and electric vehicles, today announced the signing of a memorandum of understanding with Kyushu Electric Power, the fourth largest publicly traded power and utility company in Japan. The MOU marks an understanding that Ener1 and KEPCO will work together to create and manufacture rapid recharging systems for electric vehicles. KEPCO... Read more..
Increasing oil price and growing concerns over energy security are helping accelerate the development and commercialization of fuel cell electric vehicles (FCEVs). Federal and local governments have been proactively funding fuel cell technology and in the medium term, there would be rigorous developments in fuel cell technology, standardization of production and storage of hydrogen, and ramping up of the mammoth task of building hydrogen infrastructure. New... Read more..
The U.S. Environmental Protection Agency must establish a sound, science-based model for measuring net greenhouse gas emissions related to biofuels production before releasing estimates that may understate the positive role biofuels play in reducing climate change emissions. The Biotechnology Industry Organization (BIO) today released a letter sent to EPA Administrator Stephen L. Johnson on Oct. 23, urging the agency to release and seek comment on... Read more..