BioEnergy Bytes

  • BioEnergyBytesDFPlug Power Inc. recently participated in the recent grand opening of Ace Hardware’s first all hydrogen material handling fleet at the company’s newly constructed Wilmer, Texas warehouse. In addition, Ace has ordered further GenDrive units for another distribution center being built in West Jefferson, Ohio.
  • The Export-Import Bank of the United States is providing a $64.5 million direct loan to Astidey S.A., in Montevideo, Uruguay, for the purchase of U.S.-manufactured wind-turbine generators being exported by Gamesa Technology Corporation Inc., headquartered in Feasterville-Trevose, Pa. The authorization will support approximately 400 U.S. jobs, according to bank estimates derived from Departments of Commerce and Labor data and methodology. Gamesa will supply, transport, install and commission 25 of its G97 2.0-megawatt (MW) wind turbines in the 50 MW Talas de Maciel I wind farm in the Department of Flores, Uruguay, located approximately 135 kilometers northwest of Montevideo.
  • RGS Energy has completed its previously announced private equity offering for gross proceeds of approximately $7.0 million. The company plans to use the net proceeds of approximately $6.4 million to support the launch of its residential leasing platform and for general working capital purposes, including debt repayment.
  • With funding from the Maryland Energy Administration Offshore Wind Development Fund, the Maryland Department of Natural Resources has secured a $1.1M commitment from the U.S. Dept. of Interior’s Bureau of Ocean Energy Management to gather scientific information about the bionetwork of the Maryland Offshore Wind Energy Area. This effort is intended to protect the ecosystem while providing opportunities for deployment of advanced renewable energy technology within the state. The interagency agreement establishes a jointly-funded project to study marine mammal populations off the coast of Maryland to help those agencies and the public better understand the geographic distribution, abundance, and densities of large whales, dolphins, and porpoises.

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