Military Licensee Advent Power Systems Delivers Final License Fee to Cyclone Power

Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments, as well as large biomass applications. As Cyclone’s first licensee, Advent has been active over the... Read more..

United States Marine Corps Deploys Critical Solutions’ MOJOs to Evaluate Hybrid Power in the Battlefield

Critical Solutions Inc., the designer of rapidly deployable, renewable energy tower systems, announces that the United States Marine Corps (USMC) is using two MOJOs for evaluating the use of hybrid power in support of mission critical communications for forward deployment groups. Patrick Gallagher, Critical Power Solutions International President, stated, “Because our mobile towers utilize solar and wind generated power, they do not require... Read more..

Solargy Systems Inc. Begins $120 Million West African Energy Project

Solargy Systems Inc. announced it has hired Cinergex Solutions Ltd, a Canadian provider of Waste to Energy (WTE) technology and equipment, to begin work on a $120 million energy facility that will be operated by Solargy Systems. The facility will generate over $100 million in revenue and open the door for additional facilities, using the Solargy model of combining solar and waste to create efficient power. “Selecting Cinergex as a partner was... Read more..

Solzar Introduces New Solar-Max & MSolar Solar Power Platforms

Solzar, a leading designer and manufacturer of solar power systems, announced today it has broadened its solar power systems product line to include Solar-Max (Outdoor Solar Power System) and MSolar (Portable Solar Power System). In many rural areas and developing countries, where the electricity grid is unavailable, Solar-Max Off-Grid configuration is an ideal solution. Solar-Max will make use of solar panels to power the system during the day and... Read more..

Dresser-Rand Invests In the Development of Game-Changing Compressor Technology Focused on Green Energy

Dresser-Rand Group Inc. announced that Dresser-Rand has made an investment in Ramgen Power Systems, LLC, and further expects to support Ramgen’s ongoing development work. Dresser-Rand’s funding will help satisfy Ramgen’s requirement with the Department of Energy’s National Energy Technology Lab to obtain private matching funds for development. Ramgen is developing game-changing compressor technology that applies proven supersonic... Read more..

TSX Approves Zongshen PEM Power Systems Inc.’s Normal Course Issuer Bid

Zongshen PEM Power Systems Inc., announced that it has received the approval of The Toronto Stock Exchange (“TSX”) to make a Normal Course Issuer Bid (the “Bid”) to purchase through the facilities of the Exchange, from time to time, as it considers advisable, up to 3,065,211 of the issued and outstanding Common Shares (being approximately 5% of the 61,304,230 Common Shares outstanding at November 3, 2008). The Bid will commence... Read more..

Raser Technologies Inaugurates Utah Geothermal Plant with Advanced Technology That Can Make Geothermal a Major Source of the U.S. Energy Supply

Raser Technologies, Inc., a leader in geothermal power generation, inaugurated late yesterday its first commercial-scale power plant, in Beaver County, Utah, demonstrating the viability of advanced technology that can make geothermal a major price-competitive resource for this country’s energy supply. The plant’s output has already been committed to supply electricity to Anaheim. The company noted that the Beaver County plant, called Thermo, was... Read more..

Mass Megawatts Wind Power, Inc. (MMGW) Announces Expansion Into Smaller Wind Power Plant Market

Mass Megawatts Wind Power, Inc. announces that it is spearheading an expansion into the small, wind power plant manufacturing market. These units are often used for residential homes, farms and other small businesses. Due to the unprecedented demand for these units from recently passed federal tax credit legislation, Mass Megawatts is making preparation for establishing itself as a premier alternative to the traditional horizontal or propeller- style... Read more..

OCS Energy Introduces SolarWash — The Automated Solar Panel Cleaning System

OCS Energy, Inc. introduces SolarWash(TM), the first commercially available automated photovoltaic (PV) panel cleaning system. The ground-breaking SolarWash system increases the energy output and shortens the payback for solar power investments. SolarWash attaches directly to an array of PV panels and is controlled by a microprocessor, providing PV system operators a turnkey cleaning solution without having to manually wash each panel. Solar PV is... Read more..

Prudential Capital Group Joins Syndicate in Raser’s Thermo Project Financing

Raser Technologies, Inc. announced that Prudential Capital Group, an institutional investment division of Prudential Financial, Inc., purchased the permanent debt financing for Raser’s 10 megawatt (MW) Thermo geothermal power project near Beaver, Utah, from the original project financier. The approximately $31 million of non-recourse debt financing helped construct the Thermo geothermal power plant which completed major construction elements last... Read more..