Proton Power Systems Goes Public

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PowerLight Completes Phase One of 1 MW Solar Project

PowerLight Corporation, the leading global provider of solar power systems, has completed the first phase (800 kW) of a 1 megawatt (MW) solar power project in Gwangju, Korea, located 200 miles south of Seoul. The system is owned and operated by Korea’s Solar & Park Co and is the largest elevated solar parking system in the world. Designed and installed by PowerLight, it employs its PowerTracker, a single-axis solar tracking system. Mounted over a parking facility at the Kimdaejung Convention Center, the PowerTracker solar power system automatically follows the path of the sun through the day, maximizing energy output, and providing substantially more power than a fixed tilt system. The energy produced by the system will be sold to Korea Electric Power Corporation at a fixed price set by Korea’s Ministry of Commerce, Industry and Energy for 15 years. The photovoltaic cells being used in the system were manufactured by Schott Solar. “PowerLight is honored to have designed and developed the largest solar system in Gwangju, one of two designated Solar Cities in Korea,” said PowerLight chairman and CEO Tom Dinwoodie. “With the completion of this project and opening of our new office in Seoul, PowerLight is looking forward to […]

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Intechra Raises $6.5M

Intechra Holding Corp., an electronics recycler and information technology asset disposition company, has raised a $6.5 million equity round, funding the equity component for the recent acquisition of Arizona-based Gold Circuit. Participants in the round included three existing Intechra investors Richland Ventures of Nashville, TN, Chrysalis Ventures of Louisville, KY, and Clayton Associates of Nashville, TN, along with SJF Ventures. Intechra helps large businesses retire IT assets such as personal computers, servers, monitors and printers in compliance with federal privacy regulations, state and local environmental laws and in-house policies. Intechra focuses on eliminating the risks surrounding data security, compliance and environmental impact, while maximizing value recovery on IT asset investments for businesses around the world. “Managing end-of-life electronic assets is an issue every company faces,” said David Griest, Managing Director, SJF Ventures. “Increasing concerns around data security and environmental disposal are leading to the rapid growth of this industry and Intechra is well positioned as the leading IT asset disposition firm in the country with its size, scale and value-add services.” Headquartered in Jackson, MS, Intechra is the largest IT asset disposition company in the country with processing centers in Dallas, TX, Phoenix & Casa Grande, AZ and Columbus, OH. […]

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Poll: Democrats Gained From Global Warming Debate

Half of Americans who voted in the mid-term elections said concern about global warming made a difference in who they voted for on Election Day 2006, according to a recent Zogby International post-election survey. 85% of these voters who felt global warming was important cast their votes for Democratic Congressional candidates, including 48% of Independents and 7 percent of Republicans. A a solid majority (58%) of voters agreed their elected officials “should make combating global warming a high priority.” 75% of Americans who voted in the mid-term elections say the “U.S. Congress should pass legislation promoting renewable and alternative energy sources as an effective way to reduce global warming pollution.” “Global warming was overshadowed in this election by the dominant issue of Iraq,” said John Zogby. “But exit polling shows that global warming was a sleeper issue that may have snuck up on politicians in close races. Global warming was most influential among Latinos and youth ­ two constituencies that helped propel Democratic gains. There are also signs that global warming may be eroding support for Republicans among religious voters. Looking ahead, politicians in both parties ignore this issue at their peril.” Global warming concerns were strongest among Hispanic voters, […]

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