- Home
- Articles posted by: Rona Fried (Page 1232)
EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of clean and intelligent energy solutions, announced financial results for the third quarter and nine months ended September 30, 2007. EnerNOC reported the highest quarterly revenue performance in company history – total revenues for nine months were $41.1 million. For the quarter, revenues were $19.1 million compared to $11 million for Q306. Sales of EnerNOC’s demand response solutions accounted for substantially all of the third quarter revenue in both 2006 and 2007. “We are very excited about the growth that we achieved this quarter,” said Tim Healy, CEO. “Our core demand response business experienced continued momentum in existing markets and we were able to expand into new geographic regions. In addition, we continued to develop our technology infrastructure, add to our deep talent base, and execute along our strategic roadmap to deliver innovative energy management solutions to our customers.” Financial Summary Cost of Revenues – Cost of revenues for the third quarter of 2007 was $11.3 million, compared to $5.2 million for the same period in 2006, an increase of $6.0 million. Gross Profit – Gross profit for the third quarter of 2007 was $7.9 million. This compares to a gross profit of […]
Read More
Akeena Solar, Inc. (NASDAQ:AKNS), a leading designer and installer of solar power systems, has entered into securities purchase agreements with accredited, institutional investors, to raise approximately $26.1 million by issuing 3.7 shares of stock and warrants. Akeena plans to use the proceeds for general corporate purposes, including growth initiatives and working capital. “The financing raised from this PIPE transaction occurs at an ideal time – as we roll out our proprietary Andalay solar module technology and work to keep pace with the rapidly-growing demand for solar power in our target markets within the United States,” said Barry Cinnamon, CEO. About Akeena Solar, Inc. Founded in 2001, Akeena Solar has grown to become one of the largest national installers of residential and small commercial solar power systems in the United States, serving customers directly in California, New Jersey, New York, Connecticut and Pennsylvania. Website: http://www.akeena.net
Read More
China is forcing local government officials to take responsibility for energy efficiency. Over the weekend, the nation’s top legislature added amendments to its energy-efficiency law requiring energy-saving efforts to be evaluated in performance reviews for Communist Party officials. The decision coincides with the release of a government report stating that birth defects in Chinese infants have increased nearly 40% since 2001. Government officials have linked the rise to continuing environmental degradation in the country. The report, released by China’s National Population and Family Planning Commission, shows that birth defects rose from 104.9 per 10,000 births in 2001, to 145.5 in 2006, affecting almost one in 10 families. To feed the energy needs of a booming population and economy China has relied heavily on coal-fired power plants for the past three decades, and the population appears to be suffering the consequences of intense pollution. According to a report in the Beijing News, the northern province of Shanxi, a top coal producer plagued by emissions from coke and chemical industries, had the highest rate of birth defects. The paper quoted An Huanxiao, director of Shanxi’s provincial family planning agency, as saying “The incidence of birth defects is related to environmental pollution. The […]
Read More
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Read More
A new solar array at The Sacramento Municipal Utility District (SMUD) campus will soon provide enough electricity to generate hydrogen for its small fleet of fuel-cell electric vehicles and provide clean electricity to the grid during peak power demands. The PV array delivers 80 kilowatts of power – enough to provide electricity for about 40 single-family homes or provide hydrogen for about 14 fuel-cell vehicles. Construction on the hydrogen fueling station will be done by the end of the year. Until then, the solar power generated by the panels will feed into the SMUD grid. Designed as a demonstration project, the solar-powered fueling station will fuel the seven fuel-cell electric vehicles that SMUD is testing in a partnership with BP, Ford and Daimler-Chrysler. As the solar panels make electricity, an electrolyzer at the station will use that energy to separate water into hydrogen to make clean fuel for the vehicles. For almost 20 years, SMUD has been at the forefront of testing and adapting alternative fuel vehicles to District business. In addition to the fuel-cell vehicles, SMUD is also testing battery electric vehicles and a plug-in hybrid vehicle that gets 100 miles per gallon. The U.S. Department of Energy (DOE) […]
Read More
Four JCPenney stores are the first retail buildings in the country to earn the Energy Star label for superior energy efficiency and environmental performance. Compared to similar stores nationwide, the JCPenney stores collectively spend $225,000 less a year on energy, and avoid over 3 million pounds of carbon dioxide (CO2) per year, equal to the greenhouse gas emissions associated with electricity use of nearly 200 homes. Of the almost 5 million commercial buildings in the United States, retail buildings account for the largest energy bills and are responsible for the second largest percentage of greenhouse gas emissions. With the recent availability of the Energy Star label for retail buildings, retailers can pursue significant savings in energy costs while fighting climate change. The JCPenney stores that won the award are in Washington State. In total, they cover 460,000 square feet and, on average, use about 35% less energy than typical retail stores nationwide, resulting in about 35% less CO2 emissions than retail stores in their region. As of Oct. 1, 2007, retail buildings can qualify for the Energy Star label if they rate in the top 25% of similar retail buildings nationwide. With EPA’s Portfolio Manager, an on-line energy performance rating […]
Read More
Wegmans Food Markets and Environmental Defense announced a first-of-its-kind purchasing policy for farmed shrimp. Wegmans will be rolling out shrimp purchased under this policy in all of its 71 stores. The policy, which includes comprehensive and rigorous environmental standards, sets a new bar for the seafood industry and other U.S. retailers. The new purchasing standards require farmed shrimp producers to eliminate the use of antibiotics and other chemicals, avoid damaging sensitive habitats, treat their waste water and reduce the use of wild fish to feed shrimp. Suppliers will be able to demonstrate their compliance with these standards by meeting aggressive performance targets and implementing an auditing and reporting system to monitor progress. Wegmans and Environmental Defense developed the policy in cooperation with Wegmans’ farmed shrimp supplier. It requires that suppliers immediately meet at least nine of the purchasing standards, including strict standards for levels of PCBs and other contaminants, and comply with local laws. Suppliers must meet all 12 standards within one year. Farmed shrimp produced in compliance with this policy will earn a “best choice” ranking according to the criteria used by the Monterey Bay Aquarium’s Seafood Watch Program and Environmental Defense. These criteria are used to rank seafood […]
Read More
General Motors Corp. says it will invest US$250 million in Shanghai Research Center, which will conduct research on alternative fuels. GM says it expects vehicles that use alternatives to gasoline wll likely account for about half its global production by 2010, up from a projected 10% share this year. GM CEO Rick Wagoner said, “We see China as being among the first markets and production sites for alternative propulsion systems.” The research center will focus on bio-fuels, materials for lighter and more energy-efficient vehicles, electric vehicles, and ways to reduce energy use in vehicle manufacture.
Read More
The U.S. Department of Energy (DOE) has released the solicitation for 2008 Solar America Cities. DOE seeks to provide support to cities ready to take a comprehensive, systemic, city-wide approach to solar technology that facilitates mainstream adoption and provides a model for other cities. DOE will award up to 12 cities with funding and technical support to develop a fully scoped, city-wide, solar implementation plan to: * Integrate solar technology into city energy planning and facilities * Streamline city-level regulations and practices that affect solar adoption by residents and local businesses (e.g. permitting, inspections, local codes) * Promote solar technology among residents and local businesses (e.g. outreach, curriculum development and/or implementation, incentive programs, etc. Any U.S. city with a population of 100,000 or more (as defined by the 2000 U.S. Census) is eligible to apply. DOE will provide up to $2.4 million in financial assistance to the competitively selected, cost-shared, two-year projects. And it will provide up to $3 million over two years in hands-on technical assistance from technical and policy experts to help cities integrate solar technologies into city energy planning, zoning, and facilities; to streamline city-level regulations and practices that affect solar adoption by residents and local businesses; […]
Read More
ImageTree, based in Princeton, N.J., has raised $4.5 million in a second round of financing from Battelle Ventures. The 2-year-old firm has developed a remote sensor technology that can assist forest-management trusts, government agencies and conservation groups to accurately monitor and measure carbon being absorbed by forests. As carbon-offset markets develop it’s critical to know whether forests are actually absorbing carbon – whether “carbon sinks” are working. Currently, a “manual” method is used – foresters walk through a small section of forest taking measurements and then project the results to the overall forest. ImageTree brings clear standards and measurement tools to the assessement process. The company says it can measure 80% of a forest using GPS, color infrared and light detection.
Read More
Page 1,232 of 2,804« First«...102030...1,2301,2311,2321,2331,234...1,2401,2501,260...»Last »