An international panel of judges has presented Peabody Energy with dual honors at the 10th Global Energy Awards in New York City: The Award of Excellence honors Peabody’s industry leadership, and the Strategic Energy Investment of the Year recognizes Peabody’s global transformation to capitalize on high-growth, high-margin markets. The Award of Excellence honors Peabody’s leadership in being the only energy company in the world recognized... Read more..
Energy Composites Corporation announced that it has signed a final, multiyear agreement with Swancor Industries Co, Ltd. of Nantou City, Taiwan that provides ECC with the exclusive right to distribute an advanced line of epoxy resin systems to manufacturers of wind energy system components in North and South America. The agreement also provides ECC access to an extensive line of vinyl esters for use in manufacturing flue gas desulfurization infrastructure;... Read more..
Meridium Inc., the global leader in asset performance management (APM) software and consulting solutions, released its newest solution, Asset Health Indicators, in v3.3.1 of its APM software package. Meridium’s Asset Health Indicator (AHI) solution is an extension to Meridium’s Asset Strategy Management application and provides the ability to define and manage health indicators for asset strategies ensuring that all aspects of equipment... Read more..
ALL Fuels & Energy announced that it has sold its 160 acres located in Manchester, Iowa, following the board of directors’ determining that AFSE would be better positioned for strategic acquisitions and vertical integration in the ethanol industry, with more cash on hand. With this liquidity, AFSE has become better positioned for success in its ongoing enzyme development efforts, all purpose pipeline development efforts, and strategic acquisitions... Read more..
Denham Capital, a leading energy-focused global private equity firm, announced today that it will invest equity of up to R1,5 billion (US $150 million, 95 million pounds Sterling) in BioTherm Energy, a South African developer, owner and operator of renewable and clean energy generation projects. Commenting on Denham Capital’s investment, Buyelwa Sonjica, South Africa Minister of Minerals and Energy said, “Having opened BioTherm’s... Read more..
Bruce Power is pleased to announce it will conduct an Environmental Assessment (EA) as it considers building a nuclear generating station in the Haldimand-Norfolk region of southern Ontario. The assessment, which could take nearly three years to complete, will examine the environmental and social impacts of building two reactors to generate between 2,000 and 3,000 megawatts of low-emissions electricity. It will also consider how other clean energy... Read more..
MPM Technologies, Inc. announced that its wholly owned subsidiary Nupower, Inc. has entered into an exclusive agreement with Unitel Technologies, Inc. (UTI) to license the NEOGEN technology for all heat recovery applications downstream of its SKYGAS electrokinetic reactor. MPM’s exclusive arrangement also covers plasma arc gasification systems. NEOGEN is an energy harvesting system that enables the cost-effective conversion of low-grade waste heat... 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..
PBS Coals Limited announced that the Company’s principal shareholders and the Company have reached an agreement with Mining Holding Company LLC, a holding company in OAO Severstal’s Resource Division and 7027940 Canada Limited, a subsidiary of Severstal Resources, pursuant to which the Offeror has agreed to take up and pay for all common shares tendered into its September 5, 2008 offer at a price of C$8.30 per share and waive all conditions... Read more..
A long-awaited state energy code, requiring homebuilders to use modern energy efficiency measures in new home construction, will now be in effect as the Ingham County Circuit Court, on October 22nd, ruled in favor of the State of Michigan and dismissed a lawsuit by the Michigan Association of Home Builders (MAHB). The new, energy-efficient code, adopted in 2004, had been in limbo due to legal maneuvering by the MAHB, which used the state’s legal... Read more..