AEP Recognized as Military-Friendly Employer for Sixth Consecutive Year

G.I. Jobs magazine has named American Electric Power one of the nation’s 50 most “military-friendly” employers for the sixth consecutive year. AEP is among only seven companies that have appeared on the publication’s top-50 list each year since it was introduced in 2003. G.I. Jobs helps provide training and career opportunities for veterans and those in transition from military to civilian employment. This year’s honorees... Read more..

China Solar Photovoltaic SA Files Interim Financial Report with Alternext of Paris NYSE-Euronext

CNPV, a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of SPV modules, founded in 2006, today announced that it filed its first half year Interim Financial Report for the year 2008 ended June 30, 2008 with Alternext of Paris NYSE-Euronext on November 3, 2008. The half year Interim Financial Report can be accessed via the investor relations section of the Company’s... Read more..

Covanta Wallingford Receives OSHA VPP Star Award for Workplace Safety and Health Excellence

Covanta Energy, a world leader in the development and operation of large scale Energy-from-Waste and other renewable energy projects, today announced its Wallingford, CT facility was awarded the Federal Occupational Safety and Health Administration (OSHA) Voluntary Protection Programs “VPP STAR” designation for workplace safety and health excellence. The “VPP STAR” recognition is the highest honor given to facilities demonstrating... Read more..

We Energies Submits Application for Columbia County Wind Project

We Energies filed an application today with the Public Service Commission of Wisconsin (PSCW) for authorization to build the Glacier Hills Wind Park. The proposed wind park would be located in the towns of Randolph and Scott in northeast Columbia County — approximately 45 miles northeast of Madison. Current plans call for the project to consist of up to 90 wind turbines that would generate as much as 207 megawatts of electricity — enough... Read more..

Westinghouse’s Bruschi, Carnegie Mellon’s Dzombak Inducted Into Prestigious National Academy of Engineering

Retired Westinghouse Electric Company Chief Technology Officer Howard J. Bruschi and Carnegie Mellon University Professor David A. Dzombak were inducted into the National Academy of Engineering (NAE) at its annual meeting held at the National Academies Buildings in Washington, D.C., October 5-6, 2008. Mr. Bruschi and Dr. Dzombak were the only engineers from Pennsylvania elected to the NAE this year. Election to the NAE is among the highest professional... Read more..

Calpine to Receive $97 million from Rosetta Resources to Settle Claims

Calpine Corporation announced a settlement with Rosetta Resources, Inc. of all claims related to Calpine’s July 7, 2005 sale of substantially all of its oil and gas business to Rosetta. The settlement provides for a $97 million payment to Calpine from Rosetta and the conveyance of certain residual oil and gas properties by Calpine to Rosetta. This settlement resolves disputes that were the subject of litigation in the U.S. Bankruptcy Court for the... Read more..

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across attractive metallurgical and thermal coal projects. The Merger is expected to be completed by... Read more..

IPS to Supply Control Technology to World’s First Hydrogen Power Plant

Invensys Process Systems (IPS), a global technology, software and consulting firm, announced that it has been selected by Enel to supply control and automation technology for the world’s first hydrogen-fuelled power plant, to be constructed in Fusina, near Venice in the Veneto region of Italy. Enel is Italy’s largest power company with more than 50 million power and gas customers and a presence in 21 countries. The new facility, which... Read more..

Reliant Energy Completes Sale of Bighorn Generating Facility

Reliant Energy today completed the previously announced sale of its Bighorn Generating Station for approximately $500 million to Nevada Power Company (DBA NV Energy), a wholly owned subsidiary of Sierra Pacific Resources. Reliant Energy expects to record a pre-tax gain of approximately $45 million during the fourth quarter of 2008 on the sale of the facility. The Bighorn Generating Station is a 598-megawatt, combined-cycle generating facility located... Read more..

NV Energy Purchase of Bighorn Generating Facility Completed

NV Energy announced the completion of the acquisition of the 598-megawatt Bighorn Generating Facility from a subsidiary of Reliant Energy, Inc. The purchase by Nevada Power Company, d/b/a NV Energy, amounted to approximately $510 million, including inventory and other closing costs and adjustments. NV Energy, a wholly owned subsidiary of Sierra Pacific Resources (NYSE:SRP), had announced plans to acquire the Bighorn plant, located 35 miles south of... Read more..