Community HousingWorks (CHW), a leading affordable housing developer in San Diego county, and HelioPower, an integrated energy solutions company with nearly 2000 solar and clean energy systems engineered and installed since 2001, today announced the completion of the first Multifamily Affordable Solar Housing (MASH) Track 2 grant project in California.  A solar celebration will be held today at Las Serenas, a 108-unit affordable housing community in San Diego whose residents will now receive free clean energy from the solar power system. 100 % of the clean energy generated from the solar power system will benefit tenants, offsetting on average 20% of their annual electricity bills.  Additional 'green' apartment improvements, funded through a grant from NeighborWorks America, will also lower tenant utility bills and create a more sustainable community.

Congressman Bob Filner (D-Calif.) will keynote the Las Serenas solar celebration.  A longtime advocate of job creation, economic development and environmental issues, Congressman Filner serves on the Transportation and Infrastructure Committee and its subcommittees including Water Resources and Environment and Economic Development.   Along with the California Solar Initiative funded MASH grant, a $475,000 federal NeighborWorks grant for related "green" apartment improvements supported the green renovations and contributed to the project financing.

"I'm excited to celebrate the completion of the solar power system at Las Serenas! With the combined resources of federal funding to NeighborWorks America and California Solar funding, we are investing in the community and promoting the development of renewable energy sources in our own backyards," said Congressman Filner.

In November 2009, CHW was awarded the first Multifamily Affordable Solar Housing (MASH) Track 2 grant by the California Center for Sustainable Energy (CCSE) to install solar energy in the Las Serenas affordable housing community.  CHW worked with HelioPower to develop and fulfill the Las Serenas project. The grant funds provide free solar energy to the low-income families at Las Serenas, an affordable rental community located in one of San Diego's poorest neighborhoods. The program also provided residents with job training and educational support on all aspects of sustainable living.   The simultaneous  "green" apartment improvements grant from federal NeighborWorks funds provided  installation of low-e, dual paned windows, water-saving tub and kitchen fixtures, and related kitchen and bath repairs.

"We are proud that the investment of federal funds through NeighborWorks will help increase sustainability, engage residents, and create jobs at Las Serenas," said NeighborWorks America CEO Eileen Fitzgerald, who will address event attendees at the solar celebration today.

Community HousingWorks President and CEO Sue Reynolds said, "As a leader in sustainable development, CHW knows the value of creating a safe and affordable place for families to live and thrive while at the same time building exceptional and eco-conscious apartments. Today, Las Serenas has accomplished both of these goals!"

Las Serenas is located at 4352 Delta Street, San Diego, CA 92113.   The MASH Track 2 funds supported the installation of a 67.5 kilowatt (kW) DC solar photovoltaic facility with 100% of its production going to tenants using Virtual Net Metering. The solar facility will offset approximately 1,000 kilowatt hours (kWh) per unit annually, and save each tenant over $100 of their anticipated yearly electricity expenses. In addition, with the installation of a performance monitoring system for each inverter, CHW and HelioPower modified the system to offer free wireless internet access to all residents.

The Las Serenas project on the border of National City and San Diego is a shining example of the impact CHW has on communities as the rehabilitation of this 108-unit apartment complex transformed a formerly high-crime block into an attractive safe-harbor anchor in a struggling lower income community.  

"CCSE is very proud of this collaboration with the Community Housing Works and HelioPower on this successful effort to bring the benefits of solar energy to families that need financial assistance," said Agnes Stupak, CCSE's Multifamily Affordable Solar Housing program manager. "The project features not only economic benefits, such as reduced utility costs, but also offers education and outreach as well as providing employment opportunities for several tenants during the installation."

At the solar celebration today, CCSE will present CHW with its $412,000 rebate check for their MASH Track 2 initiative at the Las Serenas affordable housing development.

"The Las Serenas project will provide free clean energy, job training and ongoing sustainability education and outreach: It's a win-win-win situation," said Tom Millhoff, HelioPower's Vice President of Business Development.  "This project further demonstrates the creative, community-minded capabilities of both Community HousingWorks and The California Center for Sustainable Energy, as well as HelioPower's leadership in developing solar for affordable housing."   HelioPower has guided its clients to win the first MASH Track 1 and Track 2 awards, as well as the largest MASH award.

HelioPower provided turnkey solar power financing and construction and augmented the program with wireless internet service for the Las Serenas community.  The company also delivered the educational and solar job training programs for the community's tenants. Through the grant program, a system performance monitor was placed in a community room, providing tenants with a clear representation of the solar power system production, CO2 saved, and conservation tips.  

About Community HousingWorks

Community HousingWorks is a San Diego non-profit organization that provides a full range of housing options combined with training and support to help people and neighborhoods move up in the world.  Community HousingWorks CHW builds and owns beautiful affordable apartments, provides unique first-time homebuyer loans, and provides support and training that strengthens communities and helps provides youth and adults build a wealthier future with tools to build brighter futures.  Since its inception in 1982, CHW has served the San Diego County region and in 2004, CHW served over 4,000 individuals, families, and children. In 2010 CHW touched the lives of over 15,000 individuals.  CHW is San Diego County's only member of the national NeighborWorks Network®, and in 2003 became a proud affiliate of the National Council of La Raza.

About HelioPower

HelioPower is an integrated energy solutions company with nearly 2000 solar and clean energy systems engineered and installed since 2001. We reduce energy costs and develop energy assets by leveraging renewable energy production, demand side management and return on investment strategies for clients in the U.S. and abroad.  For more information, visit http://www.HelioPower.com.

About The California Center for Sustainable Energy

The California Center for Sustainable Energy (CCSE) is a nonprofit organization that helps individuals, businesses, municipalities and others to adopt greener practices and save energy and money through rebates, technical assistance and education. Among the programs CCSE administers for the California Public Utilities Commission are the California Solar Initiative, including the Multifamily Affordable Solar Housing Program and the CSI-Thermal Program in the San Diego Gas & Electric service territory. For more information about solar and workshop registration, visit www.energycenter.org.

SOURCE HelioPower

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Synthesis Energy Systems, Inc. (Nasdaq: SYMX) ("SES"), a global energy and gasification technology company that provides products and solutions to the energy and chemicals industries, announced today a $5.0 million strategic investment from Zuari Industries Limited ("Zuari") of India in exchange for approximately 2.2 million shares of SES common stock. Zuari is one of India's leading industrial companies in the fertilizer sector.

SES and Zuari have been investigating business development opportunities where SES' U-GAS® technology for coal gasification can be integrated into industrial projects in India, including the potential for application of the U-GAS® technology in Zuari's own industrial plants and potential plant expansions. SES and Zuari have also been working together to use Zuari's wholly-owned engineering company, Simon India Limited ("Simon"), for technical services related to SES projects in India.

"Establishing this relationship with Zuari to help drive our opportunities in India is another important validation of our technology and a further execution of our business strategy," stated Robert Rigdon, President and CEO of SES. "We and Zuari believe the U-GAS® gasification technology of SES could have widespread applications across the Indian economy. India is among the world's fastest-growing economies and the country's need for fertilizers for its agricultural industry, other basic chemicals, clean energy products such as synthetic natural gas for residential and industrial uses, transportation fuels, and clean electric power, is rapidly increasing. We appreciate this recognition of our technology's potential for application in India."

"Coal is an abundant natural resource that is becoming even more critical in helping India achieve its ambitious growth objectives over the coming years. With potential shortfalls and price increases for natural gas, higher oil prices due to unrest in the Middle East and fresh concerns over the safety of nuclear energy, clean-coal technology is becoming even more attractive," commented H.S. Bawa, Vice Chairman of Zuari. "We have worked with SES to assess the potential for SES' technology in India and are now convinced of the unique opportunity this technology presents. We look forward to continuing to work with our colleagues at SES to drive project development and accelerate adoption of SES' leading gasification technology for the benefit of the people of India."

About Synthesis Energy Systems, Inc.

SES provides technology, equipment and engineering services for the conversion of low rank, low cost coal and biomass feedstocks into energy and chemical products.  Its strategy is to create value through providing technology and equipment in regions where low rank coals and biomass feedstocks can be profitably converted into high value products through its proprietary U-GAS® fluidized bed gasification technology, which SES licenses from the Gas Technology Institute. U-GAS® gasifies coal cost effectively, without many of the harmful emissions normally associated with coal combustion plants.  The primary advantages of U-GAS® relative to other gasification technologies are (a) greater fuel flexibility provided by the ability of SES to use all ranks of coal (including low rank, high ash and high moisture coals, which are significantly cheaper than higher grade coals), many coal waste products and biomass feed stocks; and (b) the ability of SES to operate efficiently on a smaller scale, which enables the construction of plants more quickly, at a lower capital cost, and, in many cases, in closer proximity to coal sources. SES currently has offices in Houston, Texas, and Shanghai, China. For more information on SES, visit www.synthesisenergy.com or call (713) 579-0600.

About Zuari Industries Limited

Zuari Industries Limited is the flagship company of one of India's oldest and most respected industrial houses, promoted by Dr. KK Birla – recently re-branded as Adventz under the leadership of Mr. Saroj Poddar, Group Chairman of Adventz Group. Advents Group includes Zuari Industries and Texmaco, and as many as 21 group entities, straddling fertilizer, heavy industry, engineering services (Simon India, Ltd), real estate and furniture retail. The Group is primarily focused in India, but also operates internationally. As a major producer of fertilizers for India, it is also the country's largest importer of fertilizers in the private sector, and has joint ventures with OCP of Morocco and ICL of Israel.  

SES Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the early stage of development of SES, its estimate of the sufficiency of existing capital sources, its ability to successfully develop its licensing business, its ability to raise additional capital to fund cash requirements for future investments and operations, its ability to reduce operating costs, the limited history and viability of its technology, the effect of the current international financial crisis on its business, commodity prices and the availability and terms of financing opportunities, its results of operations in foreign countries and its ability to diversify, its ability to maintain production from its first plant in the ZZ joint venture, its ability to complete the expansion of the ZZ project, its ability to obtain the necessary approvals and permits for its Yima project and other future projects, the estimated timetables for achieving mechanical completion and commencing commercial operations for the Yima project, its ability to negotiate the terms of the conversion of the Yima project from methanol to glycol, the sufficiency of internal controls and procedures and the ability of SES to grow its business as a result of the ZJX and Zuari transactions. Although SES believes that in making such forward-looking statements its expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.

SOURCE Synthesis Energy Systems, Inc.

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Americans for Tax Reform today reiterated its support for full, tax revenue neutral repeal of all government granted advantages and preferences to the ethanol industry. To this end, ATR is pleased to support Senator Jim DeMint's amendment which repeals the Renewable Fuel Standard (ethanol mandate) and kills the death tax. This amendment fills in the gaps left by Senator Tom Coburn's ethanol amendment and overwhelms the Coburn tax increase with a more significant tax reduction. The Coburn amendment repeals the ethanol tax credit and tariff but in a way that raises net taxes and grows government spending. The DeMint amendment abolishes the death tax which is a significantly larger tax cut than the Coburn amendment's $6 billion tax increase.

The DeMint amendment also cuts to the heart of the government's support for ethanol by repealing the mandate that requires American families to purchase ethanol at the gas pump.

Taxpayer Protection Pledge signers should feel free to support the Coburn amendment provided they also vote for the DeMint amendment.

The government's mandate of ethanol usage distorts energy markets and raises prices for consumers. In order to fully repeal the government's unfair, anti-free market support of ethanol, all three policies must be eliminated—the mandate, the tax credit, and the tariff. Only the combination of the Coburn-DeMint amendments completely kills the government's support of the ethanol regime.

The DeMint amendment which abolishes the death tax ensures that repealing the ethanol tax credit is done in a way that prevents additional money from flowing to the appropriations committees. ATR has always opposed all forms of government support of ethanol. Our goal has been to repeal the ethanol tax credit, tariffs and the mandate totally…without raising taxes. The Coburn amendment, combined with the DeMint Amendment, accomplishes this longstanding goal.

Americans for Tax Reform is a non-partisan coalition of taxpayers and taxpayer groups who oppose all tax increases. For more information or to arrange an interview please contact John Kartch at (202) 785-0266 or by email at [email protected].

SOURCE Americans for Tax Reform

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Currently, the 6th Asia LNG Summit 2011 is under being organized by CPPEI and Global Leaders Institute.

The 6th Asia LNG Summit 2011 will take the booming LNG project as its central focus. Based on specific LNG projects, the latest industrial information and potential investment chances can be found. Through the application and implementation of the most core technology and equipment in these LNG projects, the industrial elites can share the advanced experiences and seize the industrial developing trends. In addition, this event will gather around lots of the decision makers of ONG projects, which can create more cooperation opportunities.

In the LNG market, will the future of LNG be supply exceeding demand or the opposite? How is one to grasp the market dynamics and find the investment direction? What kind of role will China play in the future of the LNG market? How are the most attractive LNG projects going? How are state of the art technologies and equipment being implemented? You will find the answers at this summit.

If you wish to contribute to Asia LNG Summit 2011 as a speaker, sponsor, delegate or exhibitor, please contact Michael Yuan at +86-21-5236-0030 ext. 6096 or at [email protected]. Any marketing issue and media problems, please contact Juno Zhu at + 86-21-5236-0030 ext. 6053 or at [email protected]. To register, please visit www.lng-summit.com or call +86-21-5236-0030/32.

SOURCE Global Leaders Institute

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  • Manufacturer's Suggested Retail Price starts at $39,995 before tax credit
  • Expanded customer choice includes two new interior trim and exterior colors

Chevrolet dealers in all 50 states will begin taking orders for the 2012 Chevrolet Volt electric car today.

The suggested retail price for the award-winning Volt will start at $39,995 (or $32,496 assuming a full federal tax credit of $7,500, which is subject to the customer's eligibility). The price includes an $850 destination freight charge but excludes tax, title and license fees. The starting price of the 2012 model is more than $1,000 below the 2011 base model.

The lower base price is possible in part because of a wider range of options and configurations that come with the expansion of Volt production for sale nationally. The 2011 model was available in just seven states and the District of Columbia.

For 2012, consumers will be able to choose from a total of seven option packages compared with only three for the 2011 model. A loaded Volt, with leather appointments, backup camera, navigation system and premium paint and wheels is priced at $46,265 including delivery ($38,765 net of full tax credit).

"We are giving consumers greater choice of content as the Volt becomes available nationwide by the end of this year," said Cristi Landy, Volt marketing director. "This gives us the opportunity to be more flexible in our pricing and still provide additional high-tech content to customers who want to purchase it."

The Volt will be available in two additional interior accents (white and spiced red) and two new exterior colors (Summit White and Blue Topaz Metallic).

New features for 2012 include:

  • Standard keyless access with passive locking; the car automatically locks and unlocks with the key fob in close proximity of vehicle
  • OnStar Turn by Turn navigation standard for three years, and available in-dash navigation system
  • Chevrolet MyLink including Bluetooth streaming audio for music and select phones (late availability)
  • Standard AM/FM stereo with CD player and MP3 playback and 7-inch diagonal color touch-screen display
  • Available 17-inch sport alloy wheels with black inserts (late availability).

Chevrolet will continue to offer an eight-year/100,000-mile* limited warranty on the Volt's 16-kWh lithium-ion battery, plus:

  • Three-year/36,000-mile* bumper-to-bumper coverage
  • Five-year/100,000-mile* roadside assistance and courtesy transportation
  • Five-year/100,000-mile* limited gas engine coverage
  • Six-year/100,000-mile* corrosion protection coverage.

Customers in all states can visit their nearest participating Chevrolet Volt dealer today to order a 2012 Volt. Once an order is placed, a dedicated Volt advisor will be available to answer questions and keep the customer apprised of the order progress. Nationwide availability will initially be limited as deliveries will occur by phases. Additionally, Chevrolet will have a team of Volt advisors available to answer questions starting today at 1-888-VOLT-4-YOU (1-888-865-8496).

The Volt offers a total driving range of up to 379 miles, based on EPA estimates.  For the first 35 miles, the Volt can drive gas- and tailpipe-emissions free using a full charge of electricity.  When the Volt's battery runs low, a gas-powered engine/generator seamlessly operates to extend the driving range another 344 miles on a full change. Chevrolet expects to build up to 45,000 Volts for retail and fleet customers in the United States during calendar year 2012.  

About Chevrolet

Founded in Detroit in 1911, Chevrolet celebrates its centennial as a global automotive brand with annual sales of about 4.25 million vehicles in more than 120 countries. Chevrolet provides consumers with fuel-efficient, safe and reliable vehicles that deliver high quality, expressive design, spirited performance and value. The Chevrolet portfolio includes iconic performance cars such as Corvette and Camaro; dependable, long-lasting pickups and SUVs such as Silverado and Suburban; and award-winning passenger cars and crossovers such as Cruze, Malibu, Equinox and Traverse. Chevrolet also offers "gas-friendly to gas-free" solutions including Volt. Cruze Eco offers EPA-est. 42 mpg highway while Volt offers 35 miles of electric, gasoline-free driving and an additional 344 miles of gas-powered extended range. Most new Chevrolet models offer OnStar safety, security and convenience technologies including OnStar Hands-Free Calling, Automatic Crash Response and Stolen Vehicle Slowdown. More information regarding Chevrolet models can be found at www.chevrolet.com

*Whichever comes first. See dealer for details.

SOURCE General Motors

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