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Archive of posts filed under the Energy category.

Dominion Virginia Power Proposes to Build Natural Gas Power Station in Brunswick County

 Significant long-term savings expected for customers – Station would replace output from coal units scheduled to be retired, meet new demand – Economic benefits include more than 600 construction jobs, 30 permanent positions RICHMOND, Va., Feb. 28, 2012 /PRNewswire/ — Dominion Virginia Power announced today that it proposes to invest more than $1 billion to build a combined-cycle, natural gas-fired power [...]

Denver-Based Private Equity Firm Invests in Harbor Services Business

DENVER, Feb. 27, 2012 /PRNewswire/ – Platte River Ventures (“PRV”) announced today that it has invested in TPG Mt. Vernon Marine, LLC (“TPG” or the “Company”) in partnership with incumbent management of the Company.  Headquartered in Indianapolis, Indiana, TPG is a harbor services business operating on the Ohio and Green Rivers.  TPG’s services include barge shifting, fleeting and towing; barge repair; barge [...]

Phoenix Sky Harbor International Airport Dedicates 5.4-Megawatt SunPower Solar Power System

PHOENIX, Feb. 22, 2012 /PRNewswire/ – Phoenix Sky Harbor International Airport and SunPower Corp. (Nasdaq: SPWR) are dedicating today a 5.4-megawatt high efficiency SunPower solar power system. The system is expected to generate the equivalent of 51 percent of the electricity demand at the airport’s rental car center, two East Economy parking garages and toll plaza, saving $4.7 million over the next [...]

Consumers Energy Announces Tree Planting Grants

JACKSON, Mich., Feb. 21, 2012 /Coal Geology/ – Consumers Energy awarded more than $100,000 to 42 Michigan communities through its 2011 Community Tree Planting Grant Program. The utility sponsors the program annually to encourage responsible tree planting and sustainable urban forests in communities across the state. Each year, the Michigan Forest and Park Association reviews applications and forwards its grant [...]

Timken To Invest $225 Million at Its Faircrest Steel Plant in Ohio to Support Growing Demand

CANTON, Ohio, Feb. 21, 2012 /Coal Geology/ — After securing a new five-year labor agreement, officials at The Timken Company (NYSE: TKR) announced they will move forward with a $225 million investment at the Faircrest Steel Plant in Stark County, Ohio.  With this investment, the specialty alloy steel manufacturer will improve productivity, expand its product range and increase capacity [...]