GreenHouse Holdings, Inc (GRHU)
GreenHouse Holdings is a leading provider of energy efficiency and sustainable facilities solutions. The company designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, the company develops designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions.
Terrorism has always been a problem in United States history. Over the last five years, however it has become the center of focus for many state and national governments. Terrorism strikes us at the very core because terrorists are universal; they have no age, sex, race, or nationality. They come from anywhere; have motives that are religious, political or racist. Terrorism is felt on every level, and especially three levels which locations are as local (within our own community, city and state) national and even globally.
GreenHouse Holdings, Inc. a leading provider of energy efficiency solutions and sustainable infrastructure products, announced that it has completed the acquisition of Costa Mesa, CA based Control Engineering, Inc. (CEI), a provider of automation and control solutions including engineering, installation and integration services. The CEI team are experts in multiple technologies and applications with a client base that includes recognizable brands from a wide range of industries including AECOM, Fluor, Coca-Cola, AMGEN and Occidental Petroleum with anticipated revenues to exceed $3.5 million in 2011.
GreenHouse is a qualified service provider of Southern California Edison’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies including complete processing of all utility documents. The addition of CEI’s suite of services will allow GreenHouse to not only realize greater profit margins on demand response implementations but more importantly package a complete turnkey Auto-DR program that can be adopted by utilities across the country.
For more information please visit official website of GRHU: www.greenhouseintl.com
Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
One of the major advantages of biomass energy is it’s small carbon footprint compared to fossil fuel.
As long as new plant material is grown to replace that used, biomass energy produces no net CO2 increase.
To the extent biopower reduces fossil fuel consumption it reduces CO2 release.
One problem keeps this from being as good news as it should be: often fossil fuels are used to harvest and manipulate biomass.
For example, loggers use chain saws to fell trees and trucks to transport the lumber, so some fossil fuel is used to produce wood for fuel.
Depending on the exact situation, the fossil fuel consumption required for the use of the biofuel offsets or even eliminates any carbon advantage.
Cleantech Transit Inc. recently announced that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas (”syngas”), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California’s feed-in-tariff with a 15-year power purchase agreement.
For more information about CLNO, visit www.cleantechtransitinc.com.
Olympic Steel Inc. (Nasdaq:ZEUS) announced that it entered into a merger agreement (”Merger Agreement”) with Chicago Tube and Iron Company, a Delaware corporation (”CTI”) and the holders of a majority of CTI’s outstanding common shares. The Merger Agreement provides that, upon the terms and subject to the conditions set forth in the Merger Agreement, Olympic will acquire all of the outstanding common shares of CTI (the “Transaction”), and CTI will become a wholly-owned subsidiary of Olympic.
Olympic Steel, Inc. engages in the processing and distribution of carbon, coated, aluminum and stainless steel, flat-rolled sheet, and coil and plate products in the United States.
Elizabeth Arden, Inc. (Nasdaq:RDEN) announced that the Company will be presenting at the Stephens Inc. Spring Investment Conference being held at The New York Palace Hotel in NYC on Tuesday, May 24, 2011 at 11:30am eastern time. Scott Beattie, Chairman, President, and CEO, and Marcey Becker, Senior Vice President, Finance will host the presentation. The presentation will also be webcast live and can be accessed by visiting the “Investor Relations” section on the Company’s web site at http://www.elizabetharden.com. The live webcast can also be accessed at http://wsw.com/webcast/stph16/rden/.
Elizabeth Arden, Inc., a prestige beauty products company, sells fragrances, and skin care and cosmetic products to retailers and other outlets in the United States and internationally.
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