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FORT WAYNE, IN (MARKET WIRE) Home and commercial building owners who install geothermal heating and cooling systems are now eligible for federal tax incentives (http://www.dsireusa.org) under the energy Improvement and Extension Act of 2008 (http://thomas.loc.gov), passed by Congress Oct. 3 as part of the economic recovery package.

Energy investment and development companies BayCorp Holdings Ltd., energy management Inc. (EMI) and Tyr Energy Inc. announced that they have jointly formed and capitalized American Renewables LLC to develop, build and operate biomass-fueled power generation facilities.

A new AWEA fact sheet aims to promote greater understanding of one of the most complex and frequently confused aspects of wind energy: how wind and other variable energy sources are reliably integrated into electric grid operations.

Solyndra Inc. announced that it has released a new solar photovoltaic (PV) system for the commercial rooftop market. The company said that its technology could be "game-changing" and that the PV system is designed to generate significantly more solar electricity on an annual basis from typical low-slope commercial rooftops with lower installation costs than conventional flat panel PV technologies.

Communications firm MasTec Inc. announced that it has signed a definitive purchase agreement to acquire renewable energy maintenance contractor Wanzek Construction Inc. for US $200 million in cash and the assumption of US $15 million in debt.

Poet announced that it will receive US $76.3 million from the U.S. Department of energy (DOE) to help it push forward with its work to commercialize cellulosic ethanol production technology.

The federal judge overseeing BP's criminal case said Tuesday that whatever she decides on a pending plea deal won't guarantee safety at the Texas City refinery.

American motorists soon may see prices at the pump drop below $3 a gallon nationwide, if crude oil prices remain near current levels for a couple of months, a government forecaster said Tuesday.

The financial crisis that has choked credit markets also may stem the flow of capital spending by oil and natural gas companies as the situation shakes out, analysts said.

LAWRENCE, Mass., October 8, 2008 - Solectria Renewables has completed delivery of more than 5 MegaWatts (MW) of 95 kW three-phase grid-tied inverters for multiple photovoltaic (PV) systems in South Korea. These systems were designed and installed by Hyundai Heavy Industries and Jarada Co. Ltd., Solectria Renewables' distributor in South Korea.