With a vested interest in conducting business in a way that meets the needs of the present without compromising the ability of future generations to meet their own needs, Kraft Foods has placed sustainability at center stage. Two of its New York cheese plants took leading roles today, as Kraft announced completion of waste-to-energy projects at manufacturing facilities in Lowville and Campbell. “This is a time of opportunity for us,” said... Read more..
Disenco Energy, plc, a home energy “green” alternative appliance company, discloses the terms of its new communications program with the Investor Relations Group (“IRG”). The terms of the Company’s new corporate communications program (the “Program”) with IRG, which was disclosed in a press release dated September 16, 2008, are as follows: * A program that includes both public and investor relations; * The aggregate amount payable... Read more..
Turbine Truck Engines, Inc., a leader in developing environmentally friendly turbine engine technology, is very pleased to report that the company has successfully operated its full scale, fifth generation prototype engine utilizing compressed hydrogen as the fuel source. The company also reported that the test produced zero emissions and required absolutely no modification to switch the Detonation Cycle Gas Turbine Engine from propane to hydrogen.... Read more..
Titan Energy Worldwide, Inc., a leader in manufacturing, marketing and servicing of energy generation products and services, announced that the Company’s Sentry 5000(TM) Mobile Utility System was successfully deployed in critical situations after Hurricane Gustav made landfall along the Gulf Coast earlier this month, including operation at the Baton Rouge Airport. The Sentry 5000(TM) is manufactured solely by the Company’s subsidiary,... Read more..
Global Entertainment Acquisition Corporation announced today that is has changed its name to HydroGenetics, Inc. with the Florida Division of Corporations and filed the name change with FINRA. The company will continue to operate its entertainment business but significantly transition into the development of alternative energy solutions, including the development of a hydrogen reactor that is currently producing several liters of hydrogen per minute... Read more..
Axia Capital Partners, LP, announced today that it has completed the sale of the assets and business of Hydroid, LLC to Kongsberg Maritime, AS, a division of Kongsberg Gruppen, for approximately $80 million and an earn-out based on Hydroid’s 2008 and 2009 operating performance. Hydroid is a manufacturer and supplier of Autonomous Underwater Vehicles (AUV) for military and commercial markets worldwide. The company was established in 2001 to manufacture,... Read more..
AmerenUE crews restored more than 86,000 Missouri customers since storms from Hurricane Ike hit the area yesterday (Sunday). Approximately 4,300 St. Louis City and County customers remain without power; most are expected to be restored today. Employees from three other Midwestern utility companies are coming into UE’s service territory to help get customers restored in Southeast Missouri where 12,000 customers are still out of power. More than... Read more..
Unexpected high winds that moved through northern Ohio and western Pennsylvania on Sunday afternoon, September 14, interrupted electric service to approximately one million customers of FirstEnergy Corp.’s Ohio Edison and Cleveland Electric Illuminating Company subsidiaries in Ohio, and Penn Power and Penelec subsidiaries in western Pennsylvania. These high winds, generated by the remnants of Hurricane Ike, caused downed branches, trees and... Read more..
Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of 2008. Babcock & Brown was a leading supporter of designation of the Central Panhandle Region as... Read more..
Terasen Gas has received approval from the B.C. Utilities Commission (BCUC) to lower natural gas commodity rates for the majority of customers in B.C. The rate decreases will take effect October 1, 2008. “In response to changing market prices since our rate filings with the BCUC last week, we have updated our applications, requesting lower commodity rates for our customers,” said Cynthia Des Brisay, Terasen Gas Vice President, Gas Supply... Read more..