GreenHouse Holdings, Inc. (OTCQB:GRHU), a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, recently announced that PepsiCo(NYSE:R) will partner with GreenHouse to utilize Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program at its Buena Park bottling plant. GreenHouse is a qualified service provider of SCE's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.
Pepsi & GreenHouse Project
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 GreenHouse Holdings, Inc. "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.
Anadigics, Inc. (NasdaqGM:ANAD) a leading provider of semiconductor solutions in the broadband wireless and wireline communications markets, reported third quarter 2010 net sales of $61.3 million, a sequential increase of 18.6% and an increase of 67% above the third quarter of 2009. For the nine months ended October 2, 2010, net sales were $156.5 million, up approximately 58.6% over the prior year. As of October 2, 2010, cash, cash equivalents and short and long-term marketable securities totaled $96 million, up sequentially by $4.2 million. GAAP net income for the third quarter of 2010 was $2.3 million, or $0.03 per share compared with a GAAP loss of $12.9 million or $0.21 per share in the year-ago quarter. Non-GAAP net income was $4.4 million, or $0.06 per share compared with a Non-GAAP loss of $6.4 million or $0.10 per share in the year-ago quarter.
ANADIGICS, Inc. provides semiconductor solutions to the broadband wireless and wireline communications markets. Its products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers, and other components.
Exide Technologies (NasdaqGM:XIDE) a global leader in stored electrical energy solutions, announced on November 1, 2010 that James R. Bolch, President and Chief Executive Officer, and Phillip A. Damaska, Executive Vice President and Chief Financial Officer will present at the 2010 Stifel Nicolaus CleanTech Conference on November 9, 2010 at 12:55 p.m. Eastern Time. This event will be held at The Omni Berkshire Place in New York, New York. The presentation will be webcast live on the Company’s website at www.exide.com.
Exide Technologies, together with its subsidiaries, engages in the manufacture and supply of lead-acid batteries for the transportation and industrial energy applications. The company offers transportation batteries comprising ignition and lighting batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, marine, and other applications.
Mercer International Inc. (NasdaqGM:MERC) announced that it intends to offer for sale an aggregate of $300 million principal amount of senior notes. The net proceeds of this proposed issuance, together with cash on hand, will be used to finance the tender offer and consent solicitation for any and all of the Company’s currently outstanding 9.25% Senior Notes due 2013. The New Notes will be sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The New Notes have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the New Notes in any state in which such offer, solicitation or sale would be unlawful.
Mercer International Inc., together with its subsidiaries, manufactures and sells pulp produced from wood chips and pulp logs. Its products include northern bleached softwood kraft (NBSK) pulp, kraft pulp, and market pulp.
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