Valence Technology just announced that it has been selected to provide lithium phosphate batteries and dynamic energy systems for a new master-planned smart grid community called Discovery at Spring Trails. Valence’s systems will be used to demonstrate a practice called “peak shaving,” which utilizes home appliances more efficiently during peak demand hours.
In a press release, Robert L. Kanode, president and CEO, Valence Technology, commented on the news:
“Valence Technology is proud to be involved … Read the rest
Trina Solar (TSL) has announced a new solar supply deal this morning. Its subsidiary Changzhou Trina Solar is partnering with Grenzone of Singapore which is a solar integrator working across southeast Asia. Trina will supply solar nearly 10K modules beginning this month for a 2.2MW solar power plant in Thailand which is expected to come online in August.
“We are excited to team up with Grenzone, a well established PV system integrator in Southeast Asia, … Read the rest
Constellation Energy jut announced that it has finished acquiring the Criterion wind project in Maryland from Clipper Windpower, Inc. Constellation Energy will build, develop, own and operate the 70 MW wind farm. Power and renewable energy credits produced will be purchased by Old Dominion Electric Cooperative under a 20-year power purchase agreement after the wind farm is up and running, which is scheduled to happen by the end of the year.
GCL Solar Limited has just ordered 150 MW worth of 500kW solar PV inverters from Satcon Technology, according to a company announcement from Satcon. Satcon is scheduled to deliver the inverters in April through October of this year.
The two companies established a partnership in 2009 and have worked together on projects including China’s largest rooftop (MW) and largest ground-mounted (20MW) installations.
In a , Steve Rhoades, Satcon’s President and Chief Executive Officer, commented on … Read the rest
Eurotech Holdings (CLWT) is surging today on news its subsidiary Shanghai Euro Tech Environmental was awarded a $3.2 million wastewater contract from petrochemical industrial park. CLWT will design, install and commission a 5K cubic meter/day water treatment system. The CEO didn’t comment on the deal, but did say the company is beginning to recover from the global financial crisis and sees more contracts in 2010. This particular contract represents 50 – 60% of one quarter … Read the rest
JA Solar (JASO) has raised shipments guidance for the recently ended quarter from the previously expected range of 215 – 225MW to 265MW. The company will report earnings in about a month.
CEO Peng Fang is seeing growth across the board. “We are making progress in winning new customers globally, and are seeing strong demand for our high quality solar products from major solar markets worldwide, … Read the rest
American Superconductor (AMSC) has received an initial $20 million order from Ghodawat Energy of India for wind turbine electrical control systems. Ghodawat is a significant player in the India wind energy market, operating over 150 turbines that generate over 100MW of electricity across four states. The company has a capacity of 400 turbines per year and has begun manufacturing 1.65MW doubly fed wind turbines designed using AMSC’s proprietary technology. AMSC will begin shipping the electrical … Read the rest
Valence Technology (VLNC) is popping back up above the buck level today on news it’s providing its lithium battery storage systems for the new Mercedes eVito electric taxis in London. Mayor Boris Johnson has visions of a pollution free London and wants to provide a fleet of electric taxis in time for the 2012 Olympic Games. Road testing of the taxis will begin right way.
“This is a real game-changer for fleet vehicles,” said Robert … Read the rest
PowerSecure just announced that it has acquired a majority interest in Innovative Electronic Solutions Lighting, LLC as part of an effort to further the growth of its EfficientLights LED lighting business. The acquisition will allow Powersecure to develop new products more effectively and get them out on the market faster.
To complete the acquisition, PowerSecure paid $4.4 million in cash for a 2/3 controlling interest in IES. The remaining 1/3 of shares are owned by … Read the rest
Badger Meter has just announced that the company has acquired Cox Instruments, LLC and its subsidiary, Flow Dynamics, Inc. Both companies make precision high performance flow meters for use in aerospace, custody transfer, and flow measurement calibration test stands applications. Put together, both companies had $5.4 million in sales in 2009.
In a , Richard A. Meeusen, chairman, president and chief executive officer of Badger Meter, explained how the acquisition will benefit his company: