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Thundering Plains Wind Farm LLC, announced today the execution of a binding commitment for a multiyear O&M services agreement with NAES Corporation for its 150-megawatt (MW) wind power generating station currently being developed in West Texas. Thundering Plains Wind Farm LLC is a development company that has 4,000 MW combined management experience in wind power generation.
Navajo Wind Energy Corp.,formerly Caliber Energy, has received a letter of intent for the investment of US $50 million to finance its 200-megawatt (MW) wind farm project located in Xinjiang, China. The value of the 200 MW project is in excess of $450 million.
HelioVolt Corporation, a producer of highly-efficient thin film solar products, yesterday announced the final closing of its Series B funding round for a total of $101 million, with investments from Sequel Venture Partners, Noventi Ventures and Passport Capital.
Navajo Wind Energy Corp., formerly Caliber Energy Inc., has signed an agreement with Australian industrial technology company, Vector Industrial Designs (VID), to participate in the research, development and optimization of various proprietary wind turbine technology designs.
Voith Hydro and RWE Innogy have formed a new joint venture called Voith Hydro Ocean Current Technologies that is set to develop ocean energy, specifically tidal energy, technologies. Within the framework of its venture capital activities, RWE Innogy will make a capital investment and hold a 20 percent share in the new company. Voith Hydro will be the majority shareholder with 80 percent.
Clipper Windpower Plc announced that it has entered into a 50:50 joint venture with BP Alternative Energy to develop the Titan wind project, a 5,050-megawatt (MW) South Dakota-based wind energy project formerly known as Rolling Thunder. The project is expected to be constructed in multiple phases and, when completed, will be one of the world's largest wind facilities.
The U.S. Department of Energy (DOE) has announced the 20 university-led teams selected to compete in its fourth Solar Decathlon, which will be held in the fall of 2009. This year's teams have been selected from universities in the United States, Canada, and Germany and each team will receive $100,000 from DOE to design, build and operate an energy efficient, fully solar-powered home for the unique competition.
Nexterra Systems Corp. a supplier of advanced biomass gasification systems has received CAN $7.7 million in funding from the BC Bioenergy Network (BCBN), Sustainable Development Technology Canada (SDTC), the National Research Council Canada Industrial Research Assistance Program (NRC-IRAP) and Ethanol BC.
Sharp Solar Energy Solutions Group and One Block Off the Grid (1BOG), a solar advocacy group that harnesses the power of collective buying agreements, have teamed up to offer even greater discounts on solar solutions for Sonoma County homeowners. The Sonoma County solar group purchase campaign, 1BOG's sixth active area and tenth program, marks the first time that the company has dealt directly with a solar panel manufacturer to aid in further lowering the cost of solar systems for its members.
In 2014, the Energy Department’s Geothermal Technologies Office introduced its mineral recovery research and development program to identify methods of recovering lithium and rare earth elements found in geothermal fluids.