Recent Other

US-China Climate Commitment first step in road to phasing out coal and welcoming increased renewables says IISD

The U.S. and China’s joint climate commitment is a strong boost for the international process and should pave the way for a phasing out of the use of coal and increased use of renewable energies, according to the International Institute for Sustainable Development (IISD), This important step comes directly after Ban Ki Moon’s successful New […]

Ram Power announces Third Quarter Results

Ram Power, Corp. (TSX: RPG) (“Ram Power” or the “Company”), a renewable energy company focused on the development, production and sale of electricity from geothermal energy, is pleased to announce its operating results for the quarter ended September 30, 2014. This earnings release should be read in conjunction with Ram Power’s financial statements, and management’s […]

RET Cut Proposal damages Australia’s Reputation

Infigen Energy was disappointed to learn that negotiations between the Government and the ALP on the renewable energy target (RET) have reached an impasse. The Government has failed to make a case to reduce the RET. Its own Warburton review of the scheme showed that the Government’s proposed 40% reduction to the RET would come […]

Aemetis, Inc. Reports Third Quarter 2014 Results

Revenues of $48.3 million Payments of outstanding debt of $8.6 million Adjusted EBITDA of $6.1 million Operating income of $4.6 million Net income (after interest) of $0.5 million or $0.02 per share Cash and cash equivalents of $5.5 million EB-5 funds in escrow of $21 million as of this report Senior debt paid down to […]

U.S. industries ready to do their part to double renewables worldwide by 2030

U.S. renewable power industries hailed the goal announced overnight at the Asia-Pacific Economic Cooperation (APEC) summit in Beijing of doubling renewable energy in the 21 member economies by 2030, and said they are ready to do their part. This follows last year’s commitment to encourage technology transfer and joint efforts to lower costs and attract […]

Ormat Technologies will Acquire its Parent Through a Share Exchange

Ormat Industries’ Shareholders to Exchange Shares for Stake in Ormat Technologies. Deal Eliminates Majority Ownership and Control Structure Ormat Technologies, Inc. (NYSE: ORA) announced today that it is entering into a definitive share exchange and plan of merger agreement (the “Exchange Agreement”) with its parent entity, Ormat Industries Ltd. (“OIL”). Under this agreement, Ormat Technologies […]

Capstone Turbine Secures C1000 Order to Upgrade Italian Pasta Factory in Sicily

Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it received an order for a C1000 microturbine to upgrade a food manufacturing facility for Sicilian pasta maker Tomasello. IBT Group, Capstone’s Italian distributor, secured the order through Onda Energia, the local multi-utility energy service company (ESCO) […]

For a renewable Europe: the Vienna Call for Action

For a renewable Europe: the Vienna Call for Action The socio-political, economic, environmental and military stability of the European Union is at stake, to a great extent due to its overwhelming reliance on costly, toxic, non resilient, dangerous and non-renewable energy sources and distribution networks. Regional strategies of building renewable supply systems are essential in […]

Ormat Technologies Reports 2014 Third Quarter Results

Net income attributable to the Company’s stockholders increased 27.5% to $16.5 million or $0.36 per share Adjusted EBITDA grew 14.9% and reached $69.2 million Ormat Technologies, Inc. (NYSE: ORA) announced today its financial results for the third quarter of 2014. Quarterly financial highlights and recent developments: • Quarterly revenues increased 7.3% to $140.2 million compared […]

Ormat Signs $22.3 Million Contract with UAMPS for Recovered Energy Generation Project

Ormat Technologies, Inc. (NYSE:ORA) announced today that its wholly-owned subsidiary has entered into a $22.3 million engineering, procurement and construction (EPC) contract with the Utah Associated Municipal Power Systems (UAMPS). Ormat will install an air-cooled Ormat Energy Converter at the Kern River Gas Transmission Company’s (“Kern River”) Veyo natural gas compressor station in southern Utah. […]