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Renewable Energy News

Visit this page often to see renewable energy news and updates from Plutonic Power.

	Fri Dec 11, 2009 GE, Plutonic Power, Purchase and Prepare to Resume Construction of British Columbia's Largest Wind Farm STAMFORD, Conn. and VANCOUVER, BC - December 11, 2009 - GE Energy Financial Services, a unit of GE (NYSE: GE), and Plutonic Power Corporation (TSX: PCC) have completed their purchase and will resume construction of the 300-megawatt Dokie Wind Project, British Columbia's largest wind farm. GE and Plutonic jointly contributed C$52.5 million to purchase the fully permitted project located 1,100 kms northeast of Vancouver from EarthFirst Canada Inc. The companies have formed a partnership... (9 KB)
	Wed Nov 18, 2009 Plutonic Power Corporation Update: Progress on the 2008 BC Hydro Clean Power Call Vancouver, BC - November 18, 2009 - Plutonic Power Corporation (PCC: TSX) has received notification from BC Hydro that the Bute Inlet and Upper Toba Valley Projects continue to be under consideration in the 2008 Clean Power Call for Tender. In their notification, BC Hydro stated that they will commence discussions with an initial group of 13 projects and a further 34 before the end of November. Both the Bute Inlet and Upper Toba Valley Projects - proposed jointly with GE Energy Financial... (4 KB)
	Tue Nov 10, 2009 Plutonic Power Issues Progress Update and Third Quarter 2009 Financial Results Vancouver, BC - November 10, 2009 - Plutonic Power Corporation (the Company) (PCC: TSX) announced today a progress update and its financial results in Canadian Dollars for the third quarter ended September 30, 2009. UPDATES On October 28, 2009, as part of its commitment to reduce greenhouse gases and become a clean energy powerhouse, the British Columbia (BC) Provincial Government provided direction to the BC Utilities Commission (BCUC) to end... (10 KB)
	Wed Nov 4, 2009 Plutonic Power Corporation Announces Closing of $70.35 million Bought Deal Vancouver, BC---November 4, 2009--- Plutonic Power Corporation (TSX:PCC) is pleased to announce the closing of its recently-announced bought deal financing, raising gross proceeds of $70,350,000 by the sale of 21,000,000 Common Shares at a price of $3.35 per share. The financing was underwritten by a syndicate of underwriters co-led by Cormark Securities Inc., GMP Securities L.P. and Macquarie Capital Markets Canada Ltd., and including Scotia Capital Inc., Toll Cross Securities Inc., Cana... (4 KB)
	Wed Oct 14, 2009 Plutonic Power Announces $70.35 Million Bought Deal THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, October 14 /CNW/ - Plutonic Power Corporation (TSX:PCC) -- Plutonic Power Corporation is pleased to announce that it has entered into an agreement with Cormark Securities Inc., on behalf of a syndicate of underwriters co-led by Cormark, GMP Securities L.P. an... (4 KB)
	Tue Sep 29, 2009 Plutonic Power Corporation Appoints Phil Fontaine and David O'Brien to Board of Directors Vancouver, BC - September 29, 2009 - Plutonic Power Corporation's Chairman of the Board of Directors, Walter Segsworth, is pleased to announce the appointment of Phil Fontaine and David O'Brien to the Company's Board of Directors effective immediately. Mr. Fontaine is the past National Chief of the Assembly of First Nations, a position to which he had been elected an unprecedented three times. The Assembly of First Nations is the national organization which represents Canada's First... (6 KB)
	Wed Sep 23, 2009 GE, Plutonic Power Move Closer to Purchasing Largest Wind Power Project Under Construction in British Columbia VANCOUVER, BC and STAMFORD, Conn. - September 23, 2009 - GE Energy Financial Services, a unit of GE (NYSE: GE), and Plutonic Power Corporation (TSX: PCC) have moved a step closer to purchasing the 144-megawatt Dokie Ridge Wind Project, the largest wind farm under construction in British Columbia, from EarthFirst Canada Inc. GE and Plutonic have completed their due diligence, waived initial due diligence conditions and have committed to purchase the Dokie project subject to satisfaction or... (7 KB)
	Mon Sep 14, 2009 Plutonic Power Corporation Welcomes Mr. Stephen Keith as Vice President Business Development Vancouver, BC---September 14, 2009 ---Plutonic Power Corporation (TSX: PCC) is pleased to announce the addition of Mr. Stephen Keith, P.Eng. as Vice President Business Development, effective October 1, 2009. Mr. Keith brings a wealth of experience to Plutonic from his experience as an investment banker and consulting engineer. Mr. Keith will be based in Toronto and will utilize his extensive background to seek out and evaluate growth opportunities for Plutonic Power Corporation. "Addi... (4 KB)
	Thu Aug 27, 2009 Plutonic Power Corporation Appoints Mr. Paul Sweeney as President Vancouver, BC - August 27, 2009 - Plutonic Power Corporation (TSX: PCC) announced today has appointed Mr. Paul Sweeney to the position of President effective immediately. Mr. Sweeney's previous role in the company was Executive Vice-President Business Development. Mr. Bruce Ripley, former President and Chief Operating Officer of Plutonic Power will continue in his role as Chief Executive Officer of the Toba Montrose General Partnership (TMGP). This realignment of roles is a reflection of... (4 KB)
	Tue Aug 18, 2009 GE and Plutonic Power Request Court Approval for Extension of Due-Diligence Period for Proposed Dokie Wind Project Acquisition Vancouver, BC---August 18, 2009 --- GE Energy Financial Services and Plutonic Power Corporation (TSX: PCC) announced that they have entered into a subsequent Amending Agreement with EarthFirst Canada Inc. (TSX: EF, EF.WT) to allow for, subject to court approval, an extension to September 4, 2009 (with notice of any waiver or non-satisfaction of conditions to be provided by September 9, 2009) of the due-diligence period for the partners' review of the proposed purchase of the Dokie Ridge Wi... (4 KB)