Power

Results 11 - 20 of about 727 news for the tag: Power.

Energy Conversion in Solar Deal with GM

July 9th, 2008

Energy Conversion Devices Inc. will supply solar cell laminates to General Motors Corp. for the world’s largest rooftop power generation system.
Financial terms of the deal were not disclosed.
The company’s UNI-Solar thin-film flexible solar laminates will be installed this fall at a 2 million-square foot car plant in Figueruelas, Zaragoza, Spain.
The rooftop system will have about [...]

Israeli Energy Company to Build Sea Wave Power Plants in China

July 8th, 2008

Energy company, S.D.E., which has developed an innovative technology for generating sea wave electricity, has signed an agreement for selling sea wave power plants throughout China. Construction of the power plants will be financed by investors from Hong Kong and China.
Two joint venture companies, formed in Hong Kong by S.D.E and the investors for the [...]

Pacific Gas & Electric Buying More Wind Energy

July 2nd, 2008

Pacific Gas and Electric Co. signed a long-term agreement to purchase wind energy from the Arlington Wind Power Project LLC, a subsidiary of Horizon Wind Energy LLC. Horizon will deliver 240 gigawatt hours of renewable wind energy annually to PG&E customers in northern and central California.
The Rattlesnake Road Wind Power Project is currently under construction [...]

American Stock Exchange Accepts Pioneer Drilling’s Continued Listing Plan

June 28th, 2008

Pioneer Drilling Company (Amex: PDC) announced that it has been notified by the American Stock Exchange (”AMEX”) that AMEX has accepted the Company’s plan to regain compliance with the AMEX continued listing standards and that the Company’s listing will be continued pursuant to an extension.
The Company previously submitted a plan to AMEX outlining its ability [...]

Duke Buying Renewable Energy Company Catamount

June 27th, 2008

Duke Energy Corp. will buy privately held Catamount Energy Corp. for $240 million, plus assumed debt, to bolster its wind energy generation capability.
Duke bought the Rutland, Vt.-based renewable energy company from private-equity firm Diamond Castle Holdings LLC.
Catamount currently operates facilities providing 300 megawatts of renewable energy.
In May 2007, Duke bought Austin, Texas-based Tierra Energy, which [...]

BP Starts Wind Farm Project in Kansas

June 25th, 2008

BP PLC broke ground for a wind farm in Kansas. The first phase of the project, located about 60 miles southwest of Wichita, is expected to generate up to 100 megawatts of electricity starting at the end of the year.
Once the turbines are in place, utility Westar Energy Inc. will own 50 percent of the [...]

McCain Suggests Award for Advanced Battery Technology

June 24th, 2008

Sen. John McCain, the presumed Republican nominee, wants to award a $300 million government prize to whoever can develop an automobile battery that far surpasses existing technology. That’s about $1 for every man, woman and child in the country, “a small price to pay for helping to break the back of our oil dependency,” [...]

Kenya Ministry Invites Coal Mining Bids

June 23rd, 2008

International companies have been asked to bid for a tender to extract coal in parts of Kitui and Mwingi districts.
The Ministry of Energy asked interested firms to bid for the last phase of the exploration in the Mui basin as part of efforts to determine the commercial viability of the reserves. This comes in the [...]

Independent Power Outfit Spends N46bn

June 23rd, 2008

Aba-Geometric Power Limited, the Aba based Independent Power Production Company, says it is spending a whopping N46.2 billion to provide Aba the commercial city of Abia State and its environs uninterrupted power supply which will come on stream in the first quarters of next year.
The Chief Executive Officer Geometric Power Limited, Prof. Bart Nnaji who [...]

Mining Omnia Profits From Global Energy Demand

June 23rd, 2008

DIVERSIFIED and specialist chemical services group Omnia, which yesterday posted a 30% increase in headline earnings per share to 724,5c for the year ended March, said there was significant potential for its mining division to expand into Africa.
CEO Rod Humphris said: “We remain particularly bullish on prospects for coal and uranium mining as a host [...]


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