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Energy Industry Center

Duke to Further Smart Grid Communications Architecture

Duke Energy has selected Echelon and Ambient to further develop its grid-based communications architecture that connects various digital devices such as smart meters, power line sensors and automated power switching equipment.
 

Viridity and SEPTA Receive $900,000 Grant

Smart grid company Viridity Energy has received a $900,000 grant for its pilot project with the Southeastern Pennsylvania Transportation Authority (SEPTA), a public transit organization.
 

FirstEnergy Names New Regional President for Penelec

FirstEnergy Corporation has named John Skory, currently director of operations support for the Illuminating Company, as regional president for Pennsylvania Electric Company (Penelec).
 

Athlon Forms Partnership with Apollo

Athlon Energy has partnered with Apollo Investment Fund VII and its parallel investment funds, which are affiliates of asset management and capital investing company Apollo Global Management to pursue the acquisition and development of long-lived oil and natural gas properties in the onshore US.
 

Rex Energy Inks JV Deal with Summit Discovery

Rex Energy Corporation has entered into a joint venture agreement with Summit Discovery Resources II, a wholly owned subsidiary of Japanese trading and investment firm Sumitomo Corporation.
 

Exelon to Acquire John Deere Renewables

Exelon Corporation has signed an agreement to acquire John Deere Renewables, an operator and developer of wind power, in a transaction that will add 735 operating megawatts of clean, renewable energy to Exelon’s generation portfolio, as well as an additional 230 megawatts in advanced stages of development.
 

Fortum to Acquire 40% Stake in Blaiken Wind Power Project

Fortum has made a decision to acquire a 40 percent stake in the Blaiken wind power project while the remaining 60 percent is held by the Swedish energy company Skelleftea Kraft.
 

Grid-scale energy storage market to reach $35 billion by 2020

The stationary energy storage sector will play an increasingly larger role in the electricity grid of the future, according to a new report from market research and consulting firm Pike Research.
 

Zion Starts Drilling Ma'anit-Joseph #3 Well

Zion Oil & Gas has confirmed the beginning of drilling operations on its Ma’anit-Joseph #3 well, in its Joseph License area, onshore Northern Israel. The drilling operations are expected to last approximately six months.
 

BP Deploys Advanced Monitoring Vehicles in Gulf of Mexico

As part of its long term monitoring and research program in the Gulf of Mexico, BP is deploying a new technology that will enable nearly constant monitoring by two satellite-controlled, unmanned vehicles.
 

Turkey to Connect with European Grid Using GE Technology

Turkey will connect to the European electrical grid in September 2010 using GE’s smart grid technology. The connection will allow for expanded energy and economic opportunities.
 

BP to Sell Malaysian Ethylene Interests to Petronas

International oil and gas firm BP has agreed to sell its interests in ethylene and polyethylene production in Malaysia to Petronas, a Malaysian oil and gas company.
 

Pall Wins Contract from JGC-Tecnimont JV

Filtration equipment producer Pall Corporation has won a contract from JGC-Tecnimont joint venture to supply critical enabling technologies for the Habshan 5 natural gas treatment plant being constructed by Abu Dhabi Gas Industries in the UAE.
 

GE Intelligent Signs CRADA with EPA's NRMRL

GE Intelligent Platforms has signed a cooperative research and development agreement (CRADA) with the US Environmental Protection Agency’s (EPA) National Risk Management Research Laboratory (NRMRL) focusing on connecting dissimilar data sources into a software-based platform that improves decision making capabilities across a water system.
 

Verisae Forms Partnership with Schneider Electric

Sustainability solutions provider Verisae has formed a partnership with Schneider Electric, an energy management company.
 

Ecos Appoints SVP of Strategy and Innovation

Energy efficiency firm Ecos has appointed Ted Schultz as senior vice president of strategy and innovation. The company is planning to open a new office in North Carolina to strengthen its growing presence on the East coast.
 

AEG PS Wins Major PV Contract

AEG Power Solutions (AEG PS), wholly-owned by 3W Power Holdings, has won a major PV contract for utility scale equipment of globally 260Mw.
 

Camping World Selects ExxonMobil As Lubricants Supplier

US-based recreational vehicle supplier Camping World has selected oil and gas company ExxonMobil as its exclusive lubricants supplier.
 

Shell and Cosan Form $12 billion JV

Shell International Petroleum Company (Shell) and sugar-cane processor Cosan have signed binding agreement to form a $12 billion joint venture in Brazil.
 
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