Latest Technological change Stories
MONTREAL, Nov. 8, 2012 /PRNewswire/ - Boralex Inc. ("Boralex" or the "Corporation") announces the closing of the acquisition, by its subsidiary Boralex Europe S.A., of the 32 MW La Vallée wind power project (the "Project") located in the department of Indre, France. As announced on June 5, 2012, the Project, which was initially developed by the company Gamesa, consists of 16 Gamesa G90 wind turbines. A long term project financing will be provided by a banking consortium made up...
CHICAGO, Nov. 5, 2012 /PRNewswire/ -- Lincoln Renewable Energy ('LRE'), a developer of U.S. solar and wind projects, today announced it has entered into 20-year power sales agreements with Southern California Edison ('SCE') to deliver electricity from its Marathon (25 MW dc) and the neighboring Agincourt (12.5 MW dc) solar power plants. Both projects are located in San Bernardino County, Calif., and will go into construction in 2013. "With its huge solar resources, California...
FARMINGTON, Conn., Oct. 30, 2012 /PRNewswire-iReach/ -- 80% of oil and gas reserves have fallen into the hands of national oil companies. Conventional production has decreased since 2006 and producers are struggling to find replacement reserves that can maintain balance sheets and offset record production. Meanwhile, adoption inertia has begun to give way with the growth of distributed solar, and that wave will continue with the adoption of biomass gasifiers and boilers, and fuel...
ISELIN, N.J., Oct. 29, 2012 /PRNewswire/ -- Lightway Solar America, Inc., the U.S. subsidiary of Lightway Green New Energy Co., Ltd., and Pristine Sun, LLC have entered in an agreement whereas Lightway will supply 11.8 megawatts of solar panels for 12 projects located throughout California ranging from 325 KW to 1.95 MW. The Supply Agreement was structured to have Lightway's project development subsidiary, LWSA Project Development LLC, invest a total of $2.55M in exchange for equity...
TSX.V Symbol: "WND" OTCQX Symbol: "WNDEF" Issued and Outstanding: 69,022,637 VANCOUVER, Oct. 24, 2012 /PRNewswire/ - Western Wind Energy Corp. - (the "Company" or "Western Wind") (TSXV: WND) (OTCQX: WNDEF) provides an update on the ongoing process to sell the Company and its assets (the "Sale Process"). The Sale Process is progressing as planned, with a limited number of bidders having now been invited to proceed to conduct second round due diligence. There is still a potential...
ATLANTA, Oct. 18, 2012 /PRNewswire/ -- When Progress Solar begins offering remote asset management functionality to its portable lighting customers later this year, it will put the freedom of alternative energy in a whole new light. The new options from ROAMWORKS USA will enable tighter control of solar- and wind-powered lighting towers -- ensuring optimal reliability and efficiency, with reduced risk of theft. (Logo: http://photos.prnewswire.com/prnh/20120723/CL44954LOGO ) In...
GUELPH and TORONTO, Ontario, Oct. 16, 2012 /PRNewswire-FirstCall/ -- Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, today announced that its subsidiary, Canadian Solar Solutions Inc., has expanded its relationship with Penn Energy Renewables Ltd. ("Penn Energy") with an additional 10MW (AC) turnkey engineering, procurement and construction ("EPC") contract and operations and maintenance ("OM") agreement for...
SAN FRANCISCO, Oct. 12, 2012 /PRNewswire/ -- Pattern Energy Group LP (Pattern) today announced that it has closed the financing of its Ocotillo Wind project, a 265 megawatt (MW) wind power project that will utilize 112 Siemens 2.37 MW turbines. The financing is structured as a construction loan with a seven-year commercial bank tranche co-led by Deutsche Bank and RBC Capital Markets and a 20-year tranche funded by the North American Development Bank. The commercial tranche financing...
DARIEN, Conn., Oct. 11, 2012 /PRNewswire/ -- Connecticut-based solar company, Soluxe Solar, presented Progress Energy with its Solar Flare Award in recognition of its outstanding SunSense Schools solar energy program. "The SunSense Schools program is offering schools the resources they need to educate our youth in renewable energy, free of cost," said Soluxe Solar CEO, Jeffrey Mayer, in acknowledging Progress Energy. With the help of Progress Energy's SunSense Schools program, the...
Lee Rannals for redOrbit.com - Your Universe Online The Greenough River Solar project, the first utility-scale solar farm in Australia, went online on Wednesday. The project lies just outside the small town of Walkaway in Western Australia, and is a joint venture between Verve Energy and U.S. conglomerate General Electric. "The Greenough River Solar Farm demonstrates that renewable technologies can contribute to meeting Australia's future energy needs on a sustainable,...
