ABB_id2059
in News Departments > New & Noteworthy
print the content item

Real Logic Inc., a company that specializes in alternative transportation vehicles, will launch an energy division that will include a wind energy component.

"The new division will focus on clean, renewable wind energy as an important aspect of the company's 'green' concentration to reduce fuel emissions, global warming and fuel byproducts attributed to traditional energy sources," says Brad Tolley, Real Logic's CEO. Real Logic is in negotiations to acquire wind turbine companies located in Europe, the company says, adding that the company expects to make an announcement in the near term, subject to final negotiation.

"Another important element of our energy developmental plan is to conclude negotiations with a foreign company which has expressed interest in our manufacturing plant location currently under contract," Tolley says. "They are interested in utilizing the property for turbine manufacture in the U.S. Management believes this opportunity fits well into our comprehensive plan of developing the property as a campus for emerging technologies for green, environmentally responsible, energy production."

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.


Utilities Deal "Near-Fatal" Blow To Cape Wind: UPDATED

Despite its remarkable resiliency, could this latest setback mean the end for the controversial offshore wind farm?

Hybrid Energy Innovations 2015