Lime Energy and Harrah’s Rincon Resort and Casino today announced they have completed an energy efficiency retrofit project that produces significant benefits to the resort and to the environment. The project includes new light emitting diode (LED) technology in elevators, recessed downlights and outdoor signage. Lighting with LED uses about 1/7th to 1/10th the energy of standard lighting and lasts at least 10 times longer, to significantly... Read more..
GE Energy announced today that EDF Energy Networks is installing GE’s power distribution management software system to help manage EDF’s London electricity distribution network. The new distribution system completes the final phase in EDF’s integration strategy that will benefit eight million customers in the United Kingdom. Since privatization and regulation of the electricity networks in the United Kingdom 18 years ago, distribution network... Read more..
Exelon Corporation today filed with the Securities and Exchange Commission and posted to its Web site a presentation for investors with additional details on the value that would be created by its offer to acquire all of the outstanding common stock of NRG Energy, Inc. in an all-stock transaction. “The combination creates clear and compelling value for both Exelon and NRG shareholders,” said Chris Crane, president and COO, Exelon. “It provides... Read more..
The Goldman Sachs Group, Inc. and Blue Source LLC today announced a strategic alliance that combines Goldman’s global leadership in commodities trading and financial risk management with Blue Source’s leading climate change portfolio. As part of the alliance, Goldman Sachs has purchased an equity stake in Blue Source LLC. Goldman Sachs will off-take, structure and market a broad range of verified emissions reductions (VERs) resulting from certain... Read more..
GDF SUEZ Energy International completes the acquisition of Econergy International for roughly 39 million GBP (approximately EUR 50 million). Econergy, a US company listed in the UK, is focused on renewable energy projects in Latin America (mainly) and North America. In addition to developing sustainable energy projects, the company is also actively engaged in the carbon credit markets and provides consulting services on renewable energy, energy efficiency... Read more..
Suntech Power Holdings Co., Ltd., the world’s largest photovoltaic (PV) module manufacturer, announced it has joined The Climate Group, a global, independent organization dedicated to accelerating action on climate change. Suntech is the first and only solar energy company to join The Climate Group. Uniting with other international members of The Climate Group at an event held in Beijing on Friday, October 24th, Suntech pledged to help the world... Read more..
Casella Waste Systems, Inc., a regional solid waste, recycling and resource management services company, announced today that operations at its Clinton County landfill gas-to-energy plant, producing clean energy from landfill methane gas, began ahead of schedule. This facility is the company’s fifth landfill gas-to-energy project. The new landfill gas-to-energy plant, located at the company’s Clinton County landfill in Morrisonville, NY,... Read more..
Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, today announced strategic plans to scale back its focus on the global vehicular HVAC market through the intended divestiture of its Korean-based vehicular HVAC business. The Company’s Korea subsidiary includes standalone vehicular HVAC research and development, testing, application engineering and manufacturing capability for automotive, commercial... Read more..
In August, Gasrec, the UK’s first commercial producer of liquid biomethane fuel, Veolia Environmental Services, the UK’s largest waste management company, and full range commercial vehicle manufacturer Iveco, announced the beginning of a commercial trial of a CBM-powered street cleansing vehicle in Camden that could drastically reduce society’s reliance on fossil fuels. Further to that announcement, Gasrec and The London Borough... Read more..
Carbon Sciences Inc., the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, today commented on the source of hydrogen and energy efficiency of its unique CO2-to-Fuel technology. Dr. Naveed Aslam, inventor of the technology and the company’s chief technology advisor, commented: “Unlike other CO2 to fuel approaches, Carbon Sciences’ technology does not use molecular hydrogen... Read more..