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Bergamo Acquisition announces new solar power project in Lebanon

Bergamo Acquisition Corp. has announced a new solar power project for the Republic of Lebanon. The total cost for the project will be USD $500 Million. This week Bergamo key management will travel to Lebanon to conclude the Letter of Intent with the Government of Lebanon. Attending this meeting on March 11, 2010 for Bergamo will be Salim Chamdia and Haseeb Fatani, both Vice Presidents of Bergamo E & A. Attending the meeting for Bergamo subsidiary Suntrough Energy, Inc. will be Fazal Chaudhry. Under the terms of the LOI, the Lebanese government will provide 100% of the total finance pack... [more]

Eco hotel on Jekyll Island preserves the natural environment of the island

The 138-room Hampton Inn & Suites Jekyll Island opened in January 2010, the first new hotel to be built on the island in 35 years. New Castle Hotels & Resorts and co-developers Jekyll Ocean Oaks, LLC followed an extensive set of guidelines, adopted by the Jekyll Island Authority, that require development respect and preserve the unique natural environment and historic character of the island. Developers applied a range of conservation practices throughout the building process, and incorporated sustainability practices into the hotel’s operation, including: * Building the new hotel... [more]

Good Energies invests in solar micro-inverter manufacturer Enecsys

Enecsys Limited, a manufacturer of solar photovoltaic (PV) micro-inverters, has announced it has attracted further investment of £2.5 million ($4.2 million) from Good Energies. This new investment adds to the £6M ($10 million) received from Wellington Partners and BankInvest in June 2009 for a total investment of £8.5 million ($14.3 million) in Enecsys. "Good Energies invests in companies that significantly accelerate the clean-energy transition and that possess clear technology differentiation. We are delighted that they recognize these characteristics in Enecsys and have chosen to suppor... [more]

AREVA launches new global solar energy business with Ausra acquisition

AREVA has announced the 100% acquisition of U.S.-based Ausra, a provider of large-scale concentrated solar power solutions for electricity generation and industrial steam production. This acquisition launches AREVA’s new global solar energy business. It reflects AREVA’s strategic objective to be the world leader in concentrated solar power (CSP) and will further strengthen and diversify its renewables portfolio. Combining Ausra’s technology and AREVA’s Engineering, Procurement and Construction (EPC) skills, the group is committed to building the most cost-effective CSP plants for utilities,... [more]

Southern California Edison SCE to buy power from Recurrent Energy ’s California solar projects

Recurrent Energy has signed agreements with Southern California Edison (SCE). The utility will buy 100 percent of the power from three of Recurrent Energy’s California solar projects. Recurrent Energy will build and operate the solar power systems, located in Kern County and San Bernardino County, which have a combined peak output of 50 megawatts of DC power (MWDC). The projects are expected to be completed in early 2013. “These projects are a great example of the potential for distributed-scale solar to deliver significant quantities of power on relatively short timeframes,” said Arno H... [more]

 

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