U.S. Geothermal Inc. (TSX: GTH)(NYSE Amex: HTM) (”U.S. Geothermal”), a renewable energy company focused on the production and sale of electricity from geothermal energy, clarified today that the Securities and Exchange Commission declared the resale registration statements filed by U.S. Geothermal, effective on January 29, 2010. The registration statements register for resale the shares [...]
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 [...]
Foreign firms and their subsidiaries will receive about $750 million of the $2.3 billion in tax credits for clean energy manufacturing projects announced recently by the Obama Administration. That represents nearly 33 percent of the total awards, which are intended to spur U.S. manufacturing of clean energy technologies.
A detailed review of the 183 projects receiving [...]
Magellan Petroleum Corporation (Nasdaq: MPET - News; ASX: MGN - News) reported a consolidated net loss of $1.3 million (loss of $0.03 per share) on gross revenues of $8.9 million for its fiscal first quarter ended September 30, 2009, as compared to net income of $1.5 million ($0.04 per share) on revenues of $10.4 million [...]
SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Corporation (NYSE:CVX - News) announced today that its subsidiary, Cabinda Gulf Oil Company Ltd. (CABGOC) and its partners, commenced crude oil production at the Tombua-Landana project located 50 miles (80 kilometers) offshore Angola.
Located in approximately 1,200 feet (366 meters) of water in Block 14, the $3.8 billion development is expected to [...]
TORONTO, ONTARIO — (Marketwire) — 07/02/09 — RX Exploration Inc. (the “Company”) (CNSX: RXE) is pleased to announce that on June 30, 2009, the Company completed private placements totaling $1,679,700 consisting of a non-brokered private placement of 5,143,500 units and a brokered private placement of 3,255,000 units through IBK Capital Corp. Each unit consisted of [...]
InterOil Corporation (NYSE: IOC - News; IOC:POMSoX) today announced it has closed its previously announced 2,013,815 share common stock “registered direct” offering. InterOil has received gross proceeds of U.S.$70,443,249 before deducting offering expenses.
Phil Mulacek, Chief Executive Officer of InterOil, commenting on the transaction said, “The opportunity presented by the Elk/Antelope discovery and surrounding prospects coupled [...]
KUALA LUMPUR, June 3 (Bernama) — The government has identified solar energy as one of the growth areas to promote, said Malaysian Industrial Development Authority (MIDA) senior director, investment, Phang Ah Tong.
He said the country has attracted three solar energy projects involving a substantial investment.
“The investment for one solar project is above US$1 billion (US$1=RM3.44),” [...]
(WORLD-WIRE) LOS GATOS, Calif., May 26 /PRNewswire/ — Tigo Energy, (www.tigoenergy.com), the solar company whose unique technology significantly increases efficiency in photovoltaic solar installations, announced today that it has closed the second round of funding.
The $10 million round was led by ICV, and joined by all existing investors (Matrix Partners, OVP and Clal Energy). The [...]
AT LEAST a billion dollars of investment and thousands of jobs could be lost if the Victorian Government continues to prolong or rejects the release of coal for a Latrobe Valley project using an Australian-devised clean-coal technology.
Japan’s ITOCHU Corporation yesterday became the latest cornerstone partner for clean-coal company Exergen’s Continuous Hydrothermal De-watering technology, a patented [...]
