Solar Acquisition Corp. is pleased to announce that it has finalized the acquisition of the assets of Clean Power, Inc. Included among the assets are Clean Power’s extensive propriety research, business development plans for building a diversified renewable energy company, and information related to building turnkey energy systems in the solar and wind farm businesses. As part of the acquisition, Solar Acquisition is also acquiring first negotiating... 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..
Global Clean Energy Holdings, Inc., a Los Angeles based biofuel feedstock development and operations company, announced today the acquisition of Technology Alternatives Ltd. (“TAL”), a Belizean based Jatropha producer, for stock and the assumption of existing debt. TAL owns and operates a 400 acre actively producing Jatropha farm in subtropical Belize, Central America. TAL has been performing plant science research for a number of years and provides... 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..
Raven Biofuels International Corporation announce a strategic alliance with Price BIOstock Services, a division of Arkansas-headquartered The Price Companies, Inc. (www.thepricecompanies.com), with the stated intent towards the development of definitive agreements on a project by project basis. With over 40 years of operating history and $450,000,000 in fixed assets the Price Companies is one of the largest and most experienced wood processing companies... Read more..
Renegy Holdings, Inc., a renewable energy company focused on acquiring, developing and operating a growing portfolio of biomass power generation facilities, held a ribbon-cutting ceremony last week with elected officials and other dignitaries to formally commemorate the recent startup of its 24 megawatt (“MW”) biomass power generation facility located in Snowflake, Arizona. Renegy’s Snowflake biomass plant, Arizona’s largest... Read more..
Southridge Enterprises, Inc. announced that it has signed an agreement with Beijing-based investment firm, Shenyang Rrzk Co., Ltd., to sell a 20% interest in the Company’s El Salvador ethanol facility for $4 million. This foreign investment participation in the El Salvador plant stems directly from the effectiveness of our Asian market awareness program currently being implemented by marketing firm Kikomaki Corp. The Company began construction... Read more..
Canada’s Renewable Energy Company, Schneider Power Inc. (formerly Water Capital Inc.) announced today that further to the completion of the acquisition of all the issued and outstanding shares of Schneider Power, the TSX Venture Exchange Inc. has issued its Final Exchange Bulletin regarding the transaction. This acquisition involved an amalgamation between the Corporation and Schneider Power and was the Corporation’s arm’s length... Read more..
Nevada Geothermal Power Inc. provide the following update on Phase 1 development activities at its Blue Mountain, Faulkner I, 49.5 MW (gross) renewable energy geothermal power project. A financing facility for the construction of the 49.5 MW Blue Mountain Faulkner I project in Nevada is expected to close shortly. NGP continues to maintain project timelines and terms with Ormat Technologies. NGP has all the necessary permits for initial construction... Read more..
Ventyx®, the world’s largest private software provider to the energy and utility industry, today announced completion of an extensive MarketManager® implementation for Airtricity Holdings Ltd., a world-leading renewable energy company, to support operation in the new All-Island Single Electricity Market (SEM). The SEM, which went live on 1st November 2007, is the wholesale electricity market operating in the Republic of Ireland and Northern... Read more..