CHARLOTTE, N.C.–The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Ms. Mary Pat Salomone, Senior Vice President & Chief Operating Officer, will retire effective June 30, 2013, following 31 years of service with the Company. Ms. Salomone will continue serving as Chief Executive Officer (CEO) of Nuclear Production Partners, LLC (NP2), the B&W-led joint venture competing for the U.S. Department of Energy contract to manage and operate the combined Y-12 National Security Complex and Pantex Plant. (more…)

CARY, N.C.–SAS is fortifying innovation in the utilities industry by supporting the new Research Triangle Cleantech Cluster (RTCC). The RTCC, launched by the Research Triangle Regional Partnership, works to expand the region’s potential in smart grid, advanced transportation, water technologies, renewable energy and energy efficiency by bringing together the collective power of industry, government and academia, also known as the “triple-helix” model. SAS joins Duke Energy, ABB, Schneider, Siemens, Power Secure, Field2Base, Sensus and Power Analytics as founders of the RTCC. (more…)

(Charlotte, N.C.) The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been awarded a contract worth more than $40 million to design, supply and install boiler pressure parts and an overfire air system, as well as perform boiler reinforcement, for the Big Stone power plant in South Dakota operated by Otter Tail Power Company. (more…)

(Charlotte, N.C.) The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has received two U.S. Naval Reactors Program contracts totaling approximately $82 million for the manufacture of steam generating components as well as disassembly and recovery of highly enriched uranium materials. (more…)

(Charlotte, N.C.) The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has received a $130 million contract for nuclear reactor components based on recent technological advances that will be used on the U.S. Navy’s Virginia-Class submarines. The award is in addition to previously announced contracts under which the Company is currently providing similar products and services. (more…)

(Charlotte, N.C.) The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Canada Ltd. (B&W Canada) has been awarded a contract valued at more than $25 million from SaskPower to design and replace the upper frontwall and a portion of the reheater at SaskPower’s Shand Power Station near Estevan, Saskatchewan. Shand Power Station features boiler technology originally designed and supplied by B&W Canada. This retrofit project is an integral part of the coal-fired station’s life extension. (more…)

(Mooresville, N.C.) Li-ion Motors Corp (OTCBB: LIMO), winner of the 2010 X-Prize using 21st Century Design & Engineering of emission-free, all electric, high speed, long range automotive propulsion systems using the latest lithium-ion battery technology, excitedly reports up to a 40% reduction in charging time with engineering advancement on our new internally designed and engineered charging system. Our engineers are hopeful that with further testing, research, and development charging costs can be decreased by up to 25%. Reducing the time required to achieve a full charge helps alleviate consumer concern over Range Anxiety, viewed by some as an obstacle in the advancement of Plug-in Electric Vehicles. (more…)

(Huntersville, N.C.) Lime Energy Co. (NASDAQ: LIME) announced today that Ocean Place Resort and Spa has signed a partnering agreement under the NJ Clean Energy’s P4P to help identify and implement energy reduction and conservation measures to help reduce the resort’s consumption by a minimum of 15%. Consisting of 254 guest rooms and event space, Ocean Place was built in 1989 and encompasses 255,000 square feet. (more…)

(Mooresville, N.C.) Sky Power Solutions (OTCBB: SPOW), an emerging leader in the development and marketing of next generation lithium-ion powered batteries worldwide and a leading developer of residential, Solar Concentrating, Electric Power Generation Systems able to produce in excess of 2,000 watts (2 Kilowatts (kw)) of electric power, with additional heat output for heating water, using sunlight as the only fuel, has achieved significant advancements in the area of heat dissipation utilizing proprietary technology, combing two components into one unit enhancing the overall operation and functional aspect of the device. (more…)

(Research Triangle Park, N.C.) Innovative PR and media relations firm Global Media Strategies (GMS) is starting 2012 strong, adding clients in the cleantech and pharmaceutical market sectors to its growing portfolio of new and established companies looking to strengthen their brands and reach consumers. The technology-oriented client signings come as the firm continues to attract small businesses in retail and professional services needing help to get the word out about their products and services. (more…)

(Huntersville, N.C.) Lime Energy Co. (NASDAQ: LIME) today released a White Paper that takes an in-depth look at the President Obama’s $4 Billion public and private building energy retrofit initiative. Comprised of two separate components, the program allocates $2 billion in energy retrofits for Federal Buildings and $2 billion in funding and energy retrofit components for Corporations, Universities and Hospitals. In response to the initiative, Richard Trunka, President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) stated, “the Better Buildings Initiative has all the components to make a real difference – it will create profitable investment opportunities for worker pension funds, create badly needed good jobs, increase America’s competitiveness around energy savings, and address the dangers of climate change.” (more…)

(Arden, N.C.) WatchIt Technologies Inc. “http://www.watchittech.com” (PINKSHEETS: WTCT) announced today that the diesel fuel reformer was successfully installed and completed a “run test” on the company’s Ford F-250 test vehicle. According to a company spokes person, “The initial plan was to install and start the engine and immediately turn it off.” Initial engine performance exceeded expectations and the engineers decided to let it run for an extended period of time. The engine continued to perform smoothly and gave encouraging initial results. (more…)