FuelMaker manufactures, distributes, installs and services vehicle refueling appliances and accessories for fueling vehicles powered by compressed natural gas. The consumer version of the VRA is the Phill, a home refueling device that compresses natural gas from the home gas line for fueling vehicles. Recent prices for consumers … Read the rest
“We are pleased to bring another large-scale, environmentally friendly ethanol production facility on-line in the state of Iowa,” VeraSun CEO Don Endres said. “The state continues to be a leader in renewable fuels production, helping our nation to reduce … Read the rest
Under terms of the deal, Hoku will supply polysilicon to Solargiga over a 10 year period and up to $455 million may be payable to Hoku during the 10 year period, subject to product deliveries and … Read the rest
LDK Solar announced that it has signed an 8-year contract to supply multi-crystalline solar wafers to Japanese trading house Sumitomo. Over the 8 year period starting in 2009, LDK will deliver 750 MW of the wafers to Sumitomo. The contract will end in 2016, and Sumitomo has agreed to make an advance payment for part of the contract’s value to LDK.
LDK’s CEO Xiaofeng Peng says, "“We are excited to announce this agreement with … Read the rest
Hoku Materials, a subsidiary of Hoku Scientific, Inc, announced today that it will terminate supply contracts with two of its customers, Sanyo Electric Co and Global Expertise Wafer Division Ltd, in a bid to reallocate resources to other customers.
Hoku Materials, Inc makes and sells polysilicon for solar power. Recently, Hoku announced polysilicon purchase contracts worth more than $1 billion with three different companies. Hoku Materials has entered into agreements with Kinko Energy, Tianwei New … Read the rest
Suntech Power Holdings Co announced today that it has been selected to provide solar panels for a 1 MW solar power system that will supply the North Face’s West Coast distribution center in Visalia, California with electricity. EI Solutions will handle the installation itself, using RayTracker(TM) GC single-axis solar trackers.
According to the EPA, this will reduce North Face’s carbon emissions by 1,300 metric tons each year, the equivalent of taking 250 cars off the … Read the rest
Raser Technologies, Inc announced that is has secured funding for a geothermal power project to be installed near Beaver, Utah. Once complete, the geothermal plant will use PureCycle® geothermal power systems to produce 10 MW of electrical power, enough to supply electricity to 9,000 homes. Since the plant is geothermal, the power produced will be emissions-free.
The terms of the funding agreement are as follows:
"The funding arrangement provides non-recourse debt financing and tax equity … Read the rest
Advanced Battery Technologies, a company that manufactures rechargeable polymer lithium-ion batteries, named Dr. Suiyang Huang as their new Chief Technology officer today. Dr. Huang’s responsibilities will include upgrading existing ABAT products and production processes, managing technology standards and production procedures, and developing new and better rechargeable battery products.
Dr. Huang seems eminently qualified for the position. He has a PHD from Universite de Bordeaux,has published over 30 papers, and holds 7 US and 20 Chinese … Read the rest
Canadian Solar (CSIQ) has signed two long term supply contracts with GCL Silicon Tech strengthening its polysilicon and wafer supply chain. Under terms of the deal, GCL Silicon will supply CSIQ with 500 metric tons of polysilicon this year and next and nearly 2 GW of wafers from 2010 to 2015
"These two contracts help us to further secure our supply chain with strong suppliers at favorable long-term contract prices," Canadian Solar Chief Executive Shawn … Read the rest
Energy Recovery Inc released financial results for the 2nd quarter ending June 30, 2008. The company provides ultra efficient energy recovery products and technology for seawater desalinization. Their financial results have definitely improved over the past year: net revenue is up 247% to $12.0 million, and net income has increased from a loss of .4 million to a profit of $1.8 million.
The company went public in July of this year, selling 16,100,000 shares of … Read the rest
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