The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy demand.
“Auto-DR is a perfect complement to Greenhouse’s vision to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GRHU. “We are truly honored to be selected to partner with Pepsi and we are looking forward to the Auto-DR projects as the first of many opportunities to be included in Pepsi’s corporate sustainability initiatives. This project goes to the heart of Greenhouse’s mission to deliver green solutions that reduce energy consumption with a positive return on investment.”
PepsiCo is a recognized leader in the beverage industry for their efforts in sustainability and energy efficiency by consistently operating their plants in the most energy-conscious manner possible.
“It’s clear to Pepsi that both Southern California Edison and GreenHouse are working in the best interests of Pepsi and other ratepayers with their Auto-DR program,” said Pablo Cussatti, Vice President of Manufacturing at Pepsi Beverages Company West. “We are pleased to be doing our part for the environment and promote the responsible management of critical resources like the electric grid.”
In utilizing the Auto-DR system, Pepsi can shed or reduce electric consumption during costly peak energy periods when the demand is highest. In addition, the system provides Pepsi the ability to reduce operating costs by curtailing the use and purchase of electricity. Pepsi will then receive financial incentives from SCE for doing so.
In other company news, GRHU this week announced the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI. The combined value of these contracts totals $1.5 million and includes GRHU’s brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GRHU has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services. GreenHouse expects the majority of the contracted work to be completed by year end 2010.
“These contract awards with new and existing clients is a reflection of the trust our customers have in GreenHouse’s commitment to delivering top-quality products and services,” said Russ Earnshaw, President of GRHU. “We are extremely proud of LPI’s ability to immediately secure highly desirable contracts within an industry with high barriers to entry. Management remains dedicated to strengthening our associations with the Directors of government agencies and expanding our geographic footprint as we continue to increase revenue, grow earnings and improve overall shareholder value.”
Billy Jones, founder of LPI, and Vice President of Government Services for GRHU, commented, “Our Rapidly Assembled Portable Structures are vital for numerous governmental sectors that require the ability to provide immediate, safe, and effective shelter in a variety of terrains and climates. We are confident that our advanced portfolio of product offerings and long-held industry associations provide a competitive advantage within both the governmental and commercial market. We look forward to servicing our clients and gaining new customers as we continue to establish ourselves as a leader in the environmental energy solutions sector.”
GRHU, through its subsidiary, R Squared Contracting, Inc., provides energy efficiency products and technologies to the residential, commercial, and industrial building markets. GRHU also offers ethanol fuel and ethanol production technologies to residential, corporate, and government customers. In addition, GRHU distributes E-Fuel MicroFueler, as well as ethanol production systems to produce ethanol using sugar, algae or waste from distilleries and breweries. Further, GRHU operates an aquaponic, vegetable, and fish farm for residential customers, and the food and restaurant industry. GRHU supplies its products through outsourced manufacturers and assembly from third-party subcontractors. GRHU was founded in 2007 and is headquartered in San Diego, California.
To learn more about GRHU visit: http://www.greenhouseintl.com
ConocoPhillips (NYSE: COP) is shutting down most operations at its refinery in Rodeo, California, after losing hydrogen supply to the plant, according to Randall Sawyer, director of the hazardous materials programs for Contra Costa County.
ConocoPhillips operates as an integrated energy company worldwide. It operates through six segments: Exploration and Production (E&P), Midstream, Refining and Marketing (R&M), LUKOIL Investment, Chemicals, and Emerging Businesses. The E&P segment explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, and bitumen.
Schlumberger Limited (NYSE: SLB) said on October 22, 2010 its net income jumped to $1.73 billion, or $1.38 a share, from $787 million, or 65 cents a share, in the same period last year. Excluding charges and credits, net income attributable to Schlumberger rose 11% to $875 million, or 70 cents a share, the company said. Schlumberger said its quarterly revenue also increased to $6.85 billion from $5.43 billion.
Schlumberger Limited and its subsidiaries supply technology, integrated project management, and information solutions to the oil and gas industry worldwide. The company operates in two segments, Oilfield Services and WesternGeco.
MusclePharm Corporation (OTCQB:MSLP)
UFC 121 Matches draw an estimated 850,000 pay per view buys and is watched by an estimated 10 million viewers.
“UFC has been a tremendous partner for our company, and the exposure we will receive Saturday night addresses the perfect demographic for our brand. We are very excited to have one of our MMA athletes featured as the co-main event,” commented Cory Gregory, MusclePharm’s President. “This branding opportunity with UFC will further increase MusclePharm’s brand awareness and expand MusclePharm’s supplement and apparel market penetration.”
Shields (25-4-1) is in the midst of an impressive 14-fight win streak, with wins over decorated veterans including Yushin Okami, Carlos Condit, Paul Daley, Robbie Lawler, Jason “Mayhem” Miller and Dan Henderson during that stretch.
In his last fight, which took place under the Strikeforce banner, he defeated Henderson by decision. It was the last fight under his contract, however, and despite being the Strikeforce middleweight champ, he abandoned the belt to sign with the UFC as a free agent. Upon moving to the UFC, he returned to the 170-pound division, in which he’s spent most of his career.
Jake Shields is the number 1 contender at 170 weight class, and with a win Saturday night he is expected to be next in line for the title shot.
Anadarko Petroleum Corporation (NYSE: APC) rose 6.3 percent to $61.51, the highest price since May 4. Cnooc Ltd. of China and Ghana National Petroleum Corp. made a $5 billion bid for the assets of Kosmos Energy LLC in Ghana, including its stake in the Jubilee field in which Anadarko is an investor.
Anadarko Petroleum Corporation engages in the exploration and production of oil and gas properties primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. It markets natural gas, crude oil, condensate, and oil and natural gas liquids (NGLs), as well as owns and operates natural-gas gathering, processing, treating, and transportation systems
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