Magma Awarded $10 Million in Department of Energy Grants for Its Soda Lake and McCoy Properties in Nevada

Magma Energy Corp. announce that its US subsidiary, Magma Energy (US) Corp. (“Magma”), has been awarded $10 million in American Recovery and Reinvestment Act funding for two of its Nevada geothermal exploration properties, Soda Lake and McCoy. The grants will reimburse 50 – 80% of Magma’s planned innovative exploration expenditures on those properties over the next 24 months. At Soda Lake, Magma will apply new oil and gas technology... Read more..

AM Oil Resources & Technology Acquires Build Biodiesel Technology to Create Energy Diversity

AM Oil Resources & Technology Inc., announced that it has just completed design drawings to build a mobile bio-diesel device. The Company’s design is a mobile biodiesel production plant, capable of producing 2,000 to 3,000 gallons of biodiesel per week. The designed plant fits into a standard truck-trailer with dimensions 8 feet wide by 45 feet long by 9.5 feet tall. Biodiesel is the name of a clean burning alternative fuel, produced from domestic,... Read more..

Cano Petroleum Announces Recently Settled Lawsuit

Cano Petroleum announced that it recently settled the pending lawsuit with Southwestern Public Service Company d/b/a Xcel Energy, Inc. related to wildfires that occurred in the Texas Panhandle in March 2006. While the terms of the settlement were not disclosed, the result will be the dismissal of this case, which previously was set for trial on February 23, 2009 in Carson County, Texas. Cano Petroleum Inc. is an independent Texas-based energy producer... Read more..

Grundfos Pumps and SunPower Dedicate 1.1 Megawatt Solar Power System

Grundfos Pumps Corporation and SunPower Corporation dedicated a 1.1 megawatt solar power system at the Grundfos facility in Fresno. The system features a ground-mounted, high-efficiency SunPower sun tracking system on a 7.5-acre site. It is expected to reduce carbon dioxide emissions generated at the site by almost 2.4 million pounds annually, which is the equivalent to removing close to 200 cars from California’s highways each year. “Grundfos... Read more..

Evolution Solar Selected as Partner to Pursue 5mw Solar Project

Evolution Solar Corp. was selected by Atlantic Energy Solutions Inc. of Saratoga Springs, New York, to serve as a partner to pursue the development of a 5 megawatt Solar Plant in southern Florida. The $400,000,000.00 plant will be funded by a private Florida developer and will be built, operated, and maintained by the partnership. “We are past the RFQ stage and are now detailing final negotiations,” stated Tim Brock, CEO of Atlantic Energy... Read more..

Goodrich Donates Icing Wind Tunnel to Iowa State University

Goodrich Corporation’s Sensors and Integrated Systems team in Burnsville, Minn. has donated an icing wind tunnel to Iowa State University. The tunnel will be the university’s first wind tunnel to be able to perform icing physics research and will be housed in Iowa State’s wind simulation and testing (WiST) laboratory. The WiST lab is a state-of-the-art experimental facility for conducting research, education, consulting, and outreach... Read more..

Obama Administration Pushes Accelerator for Renewable Fuels

The inauguration of Barack Obama as the new President of the United States yesterday has combined with Canadian efforts to spark a North American explosion in the growth of renewable fuels, says Gordon Quaiattini, President of the Canadian Renewable Fuels Association (CRFA). “When President-elect Obama took the oath of office, a new North American consensus in favour of cleaner and greener renewable fuels was confirmed,” says Quaiattini.... Read more..

Power-Save Energy Company Announces Acquisition of Renewable Energy and Energy Savings Integrator in Arizona

Power-Save Energy Company, an emerging leader in the renewable energy and energy savings products industry, announced the acquisition of 10% of Arizona Power-Save LC. Power-Save is also pleased to announce the appointment of a new President and CFO. Power-Save Energy Co. has made an investment into a well established solar energy integrator by purchasing 10% of Arizona Power-Save. Arizona Power-Save located at 4111 E. Valley Auto Dr. #103 in Mesa,... Read more..

Endeavour Announces Successful Appraisal of the Rochelle Discovery in United Kingdom

Endeavour International Corporation announced a successful up-dip appraisal of the Rochelle undeveloped discovery in Block 15/27 of the UK North Sea. Endeavour holds a 55.6 percent interest in the well and is operator for the block. Nexen Petroleum U.K. Limited is a joint venture participant and holds 44.4 percent interest. The Rochelle 15/27-11 appraisal well was drilled to a total depth of 10,369 feet subsea encountering 77 feet net pay in the Lower... Read more..

B&W Subsidiary Awarded Boiler Refurbishment Contract at Indonesia Power Plant

McDermott International, Inc. announced that a subsidiary of The Babcock & Wilcox Company, has been awarded a contract to refurbish two B&W Radiant Tower-type boilers at the Suralaya Steam Power Plant on Java Island, Indonesia. B&W will redesign and supply superheater and reheater surface, low NOx combustion systems, pulverizer performance enhancements, and other boiler upgrade equipment. The contract was signed with Marubeni Corporation,... Read more..