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Israel's Gazit Acquires Ormat Shares

Gazit Inc. (GZIT10) has acquired a 12 percent stake in Ormat Industries (NYSE: ORA), the leading geothermal energy producer. Gazit is controlled by Chaim …

Hoku Inks Silicon Agreement with Suntech

Hoku Materials, a subsidiary of Hoku Scientific, Inc. (NasdaqGM:HOKU), which was established to manufacture polysilicon for the solar market, has signed a long …

BioFuel Energy Lowers IPO Price

Biofuel Energy Corp. (Nasdaq: BIOF) went public Monday, raising $55 million for its ethanol business. The IPO price was cut to a maximum of $10.50 a share, …