DayStar Technologies (Nasdaq: DSTI) has filed with the SEC to offer 15 million shares of stock. DayStar is develops, manufactures, and markets photovoltaic (PV) products based upon CIGS thin film semiconductor technology. The company plans to use the proceeds to repay $9.2 million in debt, engineer to-scale and manufacture the company’s proprietary deposition tool. It will use the remainder to build a 25MW manufacturing line.
United Natural Foods (NASDAQ: UNFI), the largest U.S. distributor of natural/organic foods, has flicked the switch on a 1 megawatt (MW) solar PV system. The 7000 panels cover a massive space – 175,000 square feet – or approximately four acres of rooftop – at its Rocklin, California distribution facility. The development and installation was managed by American Capital Energy, an end-to-end integrator of customized, commercial solar power systems. The system is expected to generate 1.5 million kilowatt hours per year from the system, enough to power more than 226 average homes.
Green Shield Certified, a new seal of approval for eco-friendly pest control providers, was introduced nationally last week. Green Shield certification offers pest control companies and their customers a new standard for smarter, more effective pest control without unnecessary pesticides. The program is endorsed by the Natural Resources Defense Council (NRDC), the New York Public Interest Research Group (NYPIRG), and Physicians for Social Responsibility of Greater Los Angeles. “Green Shield Certified is the next generation of pest control service,” said Jonathan Kaplan, a Senior Policy Specialist at NRDC. “These certified companies are proving that knowledge and prevention can provide more effective, longer-lasting pest control than heavy-handed chemical sprays.” Green Shield Certified takes advantage of Integrated Pest Management (IPM), a system of thorough inspection, careful monitoring and non-chemical methods that are science-based and industry tested. With Green Shield Certified’s approach, many pest problems can be solved and prevented. These strategies combat pests by focusing on the source of the pest control issue and solving the problem at its root. IPM techniques, such as properly sealing cracks and crevices, eliminating places where pests hide, improving sanitation practices, and fixing leaking plumbing to remove access to water, provide long-lasting coverage that prevents pests […]
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Capstone Turbine Corporation (NASDAQ:CPST) has signed a Distributor Agreement with California Power Partners, Inc. California Power Partners offers engineered solutions and applications for on-site power generation which improve the customers’ bottom line operational costs, reliability and sustainability. Headquartered in Escondido, California, with offices in Boston, Massachusetts, California Power Partners will focus on the renewables market in Arizona, Nevada, Washington, Oregon and Hawaii in the west, and Maine, Vermont, New Hampshire, Massachusetts, Rhode Island and Connecticut in the east. They will also offer combined heat and power and combined cooling heat and power solutions in the east and combined heat and power solutions in selected California markets. “The addition of California Power Partners is another positive step in strengthening our US distribution network,” said Darren Jamison, Capstone’s President and Chief Executive Officer. “California Power Partners is an industry innovator with a proven track record of delivering independent energy solutions, faster payback, and superior maintenance to commercial buildings, corporate and academic campuses, manufacturing facilities, hotels and resorts, municipalities, and mid- to large-scale service organizations,” added Jamison. “At California Power Partners, we pride ourselves on our team of seasoned professionals who have the skills and capabilities that are well suited to the emerging […]
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Zoltek Companies, Inc. has purchased the Guadalajara, Mexico-based Crysel acrylic fiber manufacturing assets of Cydsa, a large publicly traded Mexican chemical and industrial company. Zoltek plans to retool and modify the newly acquired facility to supply Zoltek’s North American operations with low-cost precursor, the principal raw material used in manufacturing carbon fibers. Zoltek expects the facility will serve as a site for additional carbon fiber production lines supporting Zoltek’s strategic goal of achieving $500 million in annual sales of its high-performance commercial grade carbon fibers by fiscal year 2011. Zoltek will invest approximately $100 million to purchase the facility, to retool and modify the plant to produce acrylic precursor and to install the initial carbon fiber manufacturing facility. The Company is using a portion of the proceeds of its August 2007 secondary common stock offering, along with cash from operations, to fund the investments in the newly acquired plant. Zoltek expects that precursor production will begin by the end of fiscal 2008. “The new facility in Guadalajara represents the fastest and lowest cost alternative to increasing our precursor capacity and is a key building block in ramping up carbon fibers production in North America over the next several years,’ said […]