1. Home
  2. Articles posted by: Rona Fried (Page 1829)

BBC Releases 2005 Corporate Social Responsibility Report

The BBC’s Corporate Social Responsibility Review for 2005 has a magazine style format, featuring stories on how the corporation is living up to its corporate citizenship commitments. The report is now integrated with the corporation’s environmental reporting. The highlights of this year’s report include * cutting CO2 emissions per broadcast hour in half * diversity strategy: portraying disability on screen, recruiting disabled staff, and improving access to BBC services. * a week-long DoNation program on organ donation, which the BBC says resulted in 100,000 new names added to the UK’s organ donor register * an online partnership between BBC Radio 2 and TimeBank that prompted thousands of new volunteers to sign up for community service The review is available in pdf and plain text format: Website: [sorry this link is no longer available]     

Read More

Ormat Files $1 Billion Shelf Registration Statement

Geothermal energy company Ormat Technologies (NYSE: ORA) Inc. filed a universal shelf registration statement to sell up to $1 billion of securities – including common shares, debt securities, warrants and units of the company. The shelf registration statement has been filed with the SEC but has not yet become effective. Following the effectiveness of the shelf registration statement, Ormat Technologies may periodically offer one or more of the registered securities in amounts, at prices, and on terms to be announced when, and if, the securities are offered. Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal power plants. It also designs, develops and builds, and plans to own and operate, recovered energy-based power plants. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services. The Company’s products and systems are covered by more than 70 patents. Website: http://www.ormat.com     

Read More

Safe Hydrogen Awarded $308,000

Safe Hydrogen, LLC. of Lexington, Mass has been awarded $308,000 from the Massachusetts Renewable Energy Trust SEED Program (Sustainable Energy Economic Development), a division of the Massachusetts Technology Collaborative (MTC). The funding represents the remaining costs of completing a three-year, $2.4 million technology demonstration project awarded to Safe Hydrogen by the U.S. Department of Energy. Safe Hydrogen began work on the project in April of 2004. Its objective is to confirm the functionality of, as well as to validate the cost and efficiency of, Safe Hydrogen’s proprietary compound to store, transport and generate hydrogen. Safe Hydrogen has developed a safe, pumpable hydrogen rich fuel that releases hydrogen as needed. The company is in the process of demonstrating this storage and distribution technology which eliminates several key road blocks to a hydrogen economy – storage safety, storage and distribution efficiency and need for a new infrastructure. The core ingredients of the pumpable chemical hydride slurry are environmentally friendly and completely recyclable. The slurry, both before and after yielding the hydrogen, is not flammable, safe to handle, easy to store and can use current pumps and tanks used for diesel fuel, gasoline or water. At the end of 2005, Safe Hydrogen had […]

Read More

Seattle BioFuels Closes $7.5 Million Financing

Seattle BioFuels, Inc. announced it closed a $7.5 million Preferred Series A investment from leading venture investors including Nth Power, Technology Partners and Vulcan Capital. The financing will be used for national expansion, with plans to accelerate commercialization of innovative process technology, open a new biodiesel refinery and oil seed-crushing oil facility in the second half of 2006. Seattle BioFuels is a national leader in next generation biodiesel production technology delivering significant economic and quality improvements to the process. Seattle BioFuels has developed a proprietary Pulse Reactor, Active Methanol Recovery System, and an Adsorbent Enhanced Polishing Process along with other improvements to the Biodiesel production process. The company built its first commercial scale refinery operating as Seattle Biodiesel providing 5 million gallons per year capacity to the Northwest market. “Demand is so high that we still have not been able to meet it with our current facility,” said Martin Tobias, CEO and Chairman of Seattle BioFuels. “We obviously want to be a national company,” he said, “and we think we have a better, faster, cheaper way to make biodiesel that we can replicate all over the country and internationally.” Website: [sorry this link is no longer available]     

Read More

Schwallie Joins Distributed Energy's Management Team as CEO

The Board of Directors of Distributed Energy Systems Corp. (Nasdaq: DESC) announced it appointed Ambrose L. Schwallie as CEO and a director of the company. Mr. Schwallie comes to the company from Washington Group International (Nasdaq: WGII), an integrated engineering, construction, and management solutions company, where he served as president of its defense business unit. He is a 26-year veteran of Westinghouse Electric where he headed a business unit that was acquired by WGII in 1999. Distributed Energy was created in late 2003 when Proton Energy Systems acquired Northern Power Systems. Both Proton and Northern Power are leading developers of advanced energy technologies and services to the new energy marketplace. Walter W. “Chip” Schroeder, Distributed Energy’s president, continues as its president and a member of the Board of Directors. He was a founder of Proton and has led the company since its inception in 1996. Distributed Energy also said today its preliminary expectation is to report 2005 total revenues that are approximately double 2004’s revenues of $22 million. The company also expects its fourth-quarter per share results for 2005 to be better than the loss of $0.11 cents it reported for the fourth quarter of 2004. Distributed Energy plans to […]

Read More