The United States Advanced Battery Consortium (USABC), with funding from the U.S. Department of Energy, has awarded Johnson Controls-Saft a contract valued at $8.2 million. The contract will focus on the development of lithium-ion battery systems for plug-in hybrid electric vehicles (PHEVs) and over the course of two years will seek to validate the commercial feasibility of lithium-ion technology for mass market PHEVs. “We are working on the... Read more..
Reece Energy Exploration Corp. announce that it has entered into a Joint Venture with Anterra Energy Inc. with the signing of three separate agreements. Under the terms of the initial Joint Venture Reece will invest $3.0 million, primarily in the drilling, completion, fracture stimulation and equipping of horizontal wells on Anterra’s lands at Frontier in south western Saskatchewan through development drilling in the Lower Shaunavon formation. “Reece... Read more..
Southridge Enterprises, Inc. announces that it has signed a market and investor awareness contract with investment and marketing firm, Kikomaki Corp., to bring exposure to the Asian brokerage community. The contract is for a one year period, during which Kikomaki will be featuring Southridge to the retail client bases of a number of large Asian brokerage firm networks. The Asian investment community has shown leadership with its capital placement... Read more..
Otter Tail Power Company has entered into an agreement with M-Power, LLC, to purchase a portion of its Luverne Wind Farm under development in east central North Dakota. Otter Tail Power Company’s portion of the construction-ready site can support wind turbines with a total capacity of up to 49.5 megawatts (MW). M-Power is requesting site and transmission route approval for the full 157.5-MW project from the North Dakota Public Service Commission.... Read more..
Bertrand Piccard and Andre Borschberg, the co-founders of the Solar Impulse project with its ambitious goal of circumnavigating the globe in an airplane powered only by the sun, were welcomed to the OMEGA Pavilion on the Olympic Green in Beijing on Sunday, 10 August, 2008. OMEGA provides technical and capital support to Solar Impulse, sharing in the visionary founders’ conviction that the venture will contribute substantially to the scientific... Read more..
Raser Technologies, Inc. announced that it has signed three new lease agreements covering more than 20,000 acres of geothermal, surface and other rights near its existing Thermo resource in Beaver County, Utah. The signing of these three leases increases Raser’s total holdings in the Thermo area to over 50,000 acres. Raser recently released the results of a report prepared by the prominent geothermal consulting firm, GeothermEx Inc., which concluded... Read more..
Foster Wheeler Ltd. announced today that its U.S. subsidiary, Biokinetics, Inc., along with Foster Wheeler’s Singapore office, both part of its Global Engineering and Construction Group, has been awarded a contract by Alcon Laboratories Inc. to provide engineering and architectural services for the conceptual and basic design of its new 250,000 square foot manufacturing facility to be located in the Tuas Biomedical Park in Singapore. The plant... Read more..
SemGroup Energy Partners, L.P. announced that SGLP received a Nasdaq Staff Deficiency Letter on August 7, 2008 indicating that SGLP no longer complies with the audit committee composition requirements as set forth in Marketplace Rule 4350(d), which requires SGLP’s general partner to have an audit committee of at least three independent members. As a result of the reconstitution of the board of directors of SGLP’s general partner on July 18, 2008,... Read more..
Hawai`i BioEnergy, LLC today announced that Paul S. Zorner, Ph.D. has been named president and CEO. Dr. Zorner brings more than two decades of international expertise in renewable fuels research and development. Dr. Zorner most recently served as chief scientific officer, founder and executive director of PEL, a venture focused on the establishment of green energy in Mozambique based upon sugar cane conversion to ethanol and power located on the Isle... Read more..
Odersun AG, a developer and manufacturer of solar cells, modules and applications, has completed the delivery of customized thin-film solar modules for a building integrated photovoltaic (BiPV) project in Beijing, China. The trapezoidal modules form concentric rings on the roofs of four circular buildings belonging to the visitor center of the Olympic Park in Beijing. The unique design of the solar system challenged Odersun to look for new shapes... Read more..