Posts Tagged ‘energy’

Denham Capital Invests an Additional $108 Million in Geothermal Developer Vulcan Power Company

February 3rd, 2010

BEND, Ore. & BOSTON–(BUSINESS WIRE)–Vulcan Power Company (“Vulcan”), a developer of geothermal energy projects, and Denham Capital, an energy- and commodities-focused private investment firm, announced today that an affiliate of Denham Capital has invested $108 million in preferred and common stock of Vulcan. This is the second equity investment in Vulcan by such Denham Capital [...]

US to tighten geothermal drilling rules amidst earthquake fears

January 19th, 2010

Leaked documents suggest geothermal energy developers will be forced to monitor seismic activity more closely.
The US Department of Energy (DoE) is to impose new safety regulations on geothermal energy projects designed to address fears that drilling deep holes in order to access energy released by so-called hot rocks could increase local earthquake risks.
According to documents [...]

IES and Gaia Geothermal Offer Geothermal Bundle for HVAC Engineers

January 13th, 2010

BOSTON - (Business Wire) This flexible, user-friendly Geothermal Bundle is comprised of both the IES and the Gaia Geothermal Ground Loop Design (GLD) software suite. The Bundle enables geothermal HVAC designers/engineers to first calculate hourly loads data using the Apache whole-building dynamic thermal engine built into the IES . Designers can then easily import [...]

General Electric Makes Wind Energy Deal with China

January 13th, 2010

The latest play in the push for more alternative energy; General Electric announced they will provide 88 turbines for three projected wind projects in the Hebei and Shanxi Provinces of China. The new deal positions China to potentially surpass the U.S. as the global leader in wind energy by adding 132 megawatts of wind [...]

Webb, Alexander introduce bipartisan clean-energy legislation

November 18th, 2009

Sens. Lamar Alexander (R-Tenn.) and Jim Webb (D-Va.) today introduced the The Clean Energy Act of 2009, a bipartisan bill to promote further investment and development of the nation’s clean energy technologies, including nuclear power and other resources. The Alexander-Webb bill is designed to invigorate the economy, create jobs, and move the United States toward [...]

Opcon Increases Energy Efficiency at Vattenfall’s Biomass-Powered Plant

November 16th, 2009

Svensk Rökgasenergi (SRE), a subsidiary of Opcon AB (STO:OPCO), the energy and environmental technology Group, has received an order from HOTAB concerning SRE’s technology that utilises waste heat and increases the efficiency of burning biomass at Vattenfall’s district heating plant in Gustavsberg. This is the second order to be received for a Vattenfall plant [...]

Energy Efficient Michigan Benefits Everyone

November 16th, 2009

The “Clean, Renewable, and Efficient Energy Act” (Public Act 295) was passed by the legislature about a year ago and is designed to save you money on your utility bills while helping the State of Michigan become more energy efficient.
Check with your local utility company to find out what programs they are offering and all [...]

UK wind energy sector receives £1.4bn injection

November 11th, 2009

Andrew Donoghue, BusinessGreen
Wind energy projects in the UK can now apply for £1.4bn funding from a combination of the European Investment Bank and commercial sources.
The EIB has made around £700m available with the remainder matched by RBS, Lloyds Banking Group and BNP Paribas Fortis.
The loans will be available to eligible onshore wind projects with a [...]

Chevron, Marathon Oil Corp, and Exxon Mobil Corp Gulf Coast Oil and Gas Production Reported Unharmed in Ida

November 11th, 2009

HOUSTON, Nov. 10 /PRNewswire/ — Winning Strategies (www.winningstrategies.net) Editor Tim Connolly reported today that Tropical Storm Ida continues its weakness on landfall in the Gulf of Mexico and the National Hurricane Center now reports that all storm warnings have been discontinued as of 9:00 a.m. ET.
Major producers Chevron, Marathon Oil Corp, and Exxon Mobil Corp [...]

BC Bioenergy Network and BC Agricultural Research & Development Corporation: Press Announcement

November 8th, 2009

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Nov. 5, 2009) - The BC Bioenergy Network (”BCBN”), a provincially-funded leader supporting the growing bioenergy sector in British Columbia, announced today a $100,000 investment with the BC Agricultural Research and Development Corporation (”ARDCorp”). The funding will enable ARDCorp to develop a comprehensive strategy and business plan for a Renewable Agri-Energy [...]