Honeywell International Inc. (NYSE:HON) announced a $213-million contract with the U.S. General Services Administration (GSA) to support the continued development of on-site utilities and energy infrastructure at the Food and Drug Administration (FDA) headquarters the White Oak Federal Research Center in Silver Spring, Md. This is the fifth major energy-conservation contract for Honeywell at the White Oak campus. The new 20-year agreement, among the largest awarded since the Department of Energy introduced the energy savings performance contract (ESPC) program in 1998, will be funded from the downstream energy and operational savings the work produces. Honeywell guarantees the savings so the project will not increase operating budgets or require additional taxpayer dollars.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide.
Cleantech Transit, Inc. (CLNO.OB)
Biomass, a renewable energy source, is biological material from living, or recently living organisms, such as wood, waste, (hydrogen) gas, and alcohol fuels. Biomass power plant size is often driven by biomass availability in close proximity as transport costs of the fuel play a key factor in the plant’s economics. It has to be noted, however, that rail and especially shipping on waterways can reduce transport costs significantly, which has led to a global biomass market.
Cleantech Transit, Inc. reported that funding to be provided to Phoenix Energy for the commercialization of a 500 Kilowatt biomass gasification plant should be eligible to apply for a renewable energy cash back incentive program offered by the U.S. Federal Government. If it concludes its planned investment in Phoenix Energy, under Section 1603 of the American Reinvestment and Recovery Act, CLNO will be entitled to receive its pro-rata share of 30% cash grant payments. ( Read More http://crweselect.com/22236/stock-alerts/hon-clno-avot-ann-ash-crweselec... )