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SPI Solar to acquire 360 MW worth of solar power projects in China

SPI Solar to acquire 360 MW worth of solar power projects in China

Solar Power, Inc. is set to become one of the largest solar developers in China....

Toyota hybrid exceeds 7 million mark in global sales

Toyota hybrid exceeds 7 million mark in global sales

The cumulative global sales of Toyota Motor Corporation’s hybrid vehicle have ex...

Suzlon eyes 2,000 MW of wind energy projects in India over next five years

Suzlon eyes 2,000 MW of wind energy projects in India over next five years

India-based wind turbine maker Suzlon has expressed its intent to build 2,000 me...

Solar power could be leading source of electricity by 2050

Solar power could be leading source of electricity by 2050

Solar power could overtake all other sources of electricity by 2050, according t...

U.N. chief welcomes announcements made in Climate Summit

U.N. chief welcomes announcements made in Climate Summit

United Nations Secretary-General Ban Ki-moon welcomed bold new actions to addres...

Climate Summit sees intiatives and commitments

Climate Summit sees intiatives and commitments

Various bodies and entities on the Climate Summit in New York have announced the...

Climate Rally reaches 310,000 participants

Climate Rally reaches 310,000 participants

The number of people who joined the People’s Climate March this September 21 rea...

Business

Richard Flint, Yorkshire Water CEO, opens self-powered sewage works

Richard Flint, Yorkshire Water CEO, opens self-powered sewage works

Thursday, 13 November 2014

Consuming two years development time and a whopping £34 million investment, Yorkshire’s first self-powered sewage works site has been unveiled in Brad...

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Technology

New polymer materials developed for better solar cells

New polymer materials developed for better solar cells

Wednesday, 19 November 2014

Researchers from North Carolina State University and the Hong Kong University of Science and Technology have developed new materials for more efficien...

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Politics

U.N. chief welcomes $9.3 billion pledge for Green Climate Fund

U.N. chief welcomes $9.3 billion pledge for Green Climate Fund

Friday, 21 November 2014

United Nations Secretary-General Ban Ki-moon welcomed over $9.3 billion in pledges made by Governments for the Green Climate Fund. The $9.3 billion pl...

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Living Green

How to reduce your pooch’s carbon paw print

How to reduce your pooch’s carbon paw print

Wednesday, 19 November 2014

With an increasing number of people becoming environmentally conscious, there is little wonder that several measures are being taken to bring down the...

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Renewables

IKEA purchases second U.S. wind farm to provide clean energy to their stores

IKEA purchases second U.S. wind farm to provide clean energy to their stores

Friday, 21 November 2014

The IKEA Group has purchased the 165-megawatt Cameron Wind Farm in Cameron County, Texas, from Apex Clean Energy. The Cameron Wind Farm is expected to...

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Low-Carbon

Green energy in business – Five tips for the office

Green energy in business – Five tips for the office

Friday, 21 November 2014

Make your office and employees eco-friendly with simple-to-implement advice on creating a green workplace from the energy experts at Project Lower. As...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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HTC Purenergy amends conditions for its common stock purchase warrants, stock rises


Logo of HTC Purenergy Inc. Image courtesy of HTC
Purenergy Inc.

Canadian carbon capture and storage company HTC Purenergy announced on May 22 that it has amended the terms of common purchase warrants issued October 12, 2007.

HTC Purenergy said that it will delete the acceleration event clause for the warrants to be purchased at CA$3 per common share, which is set to expire on October 12, 2010. The deleted acceleration clause stated that if public price of HTC’s common shares reached CA$5 or more for 20 consecutive trading days, then the exercise period for the warrants would be accelerated before the October 12, 2010 expiry.

The amendments have been approved by all warrant holders and the board of directors of HTC Purenergy.

HTC Purenergy specializes in carbon dioxide capture and storage technologies. HTC Purenergy is publically traded on the TSX Venture Exchange as HTC. The stock was up 18.48% on May 22, closing at CA$2.5.


-
Mike R. Lopez


Source:

1 Market Wire

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