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Energy

Ex-Paetec exec leads fuel firm

One of the founders of Paetec Holding Corp. is heading a locally based alternative energy firm with the potential for more than $500 million in annual sales by 2015. "Agribusiness is huge here," said Jack Baron, chairman and CEO of ...

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Awards to honor organizations as ‘green’ leaders

For their commitment to the environment and conservation, 10 area businesses and organizations will be honored April 13 at the Rochester Business Journal Environmental Leadership Symposium. Inc. magazine’s Entrepreneur of the Year, Kevin Surace, CEO of California-based Serious Materials Inc., ...

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Former army depot plan faces snag

New York State Electric & Gas Corp., a subsidiary of Rochester-based Iberdrola USA Inc., is backing away from plans to invest $2.5 million in electrical upgrades at the former Seneca Army Depot, representatives of the Seneca County Industrial Development Agency said Thursday.

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RG&E to buy blocks of reduced electricity

Rochester Gas and Electric Corp. will buy blocks of reduced electricity consumption totaling as much as 8,270 megawatt hours, as part of an energy-saving initiative, the company said Wednesday.

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Schumer urges renewal of biodiesel tax credit

A tax credit for biodiesel manufacturers that expired at the end of 2009 must be renewed to ensure the future of Wayne County-based Northern Biodiesel Inc. and other biodiesel plants, Sen. Charles Schumer said Thursday.

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Graham pumps capital into plant upgrades

Graham Corp. has reduced its local work force over the past year by more than 40 people and is pumping money into capital improvements to make the Batavia-based business more efficient. The firm will spend an estimated $800,000 to $1 ...

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In 2010, look for ‘greening’ of the nation’s infrastructure

On Jan. 27, I sat down in front of my television to watch President Barack Obama’s first State of the Union speech. When he took office, he emphasized innovation as a key to finding our way out of the recession. ...

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PSC approves energy efforts

Tariff filings from six utilities participating in a net metering initiative—including Rochester Gas and Electric Corp. and New York State Electric & Gas Corp.—were approved Thursday by the state Public Service Commission.

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RG&E to suspend rebate program

A residential natural gas equipment rebate program launched last July by Rochester Gas and Electric Corp. will be suspended Feb. 28 while the company seeks approval from the state regulators for additional funds, RG&E officials said Friday.

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Citizens group claims Greece violates fed rules

The town of Greece could be liable for fines topping $10 million because it has not complied with federal clean-water rules, a citizens group claims. In a lawsuit filed Jan. 20 in U.S. District Court in Rochester, the group, Citizens ...

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Acquisition boosts RF’s capabilities

Harris Corp., the parent company of Rochester-based RF Communications, has acquired the technology assets of Canada-based OSI Geospatial Inc.’s land-based, situational awareness business.

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Iberdrola cuts 40 jobs at RG&E

Iberdrola USA on Friday eliminated some 140 workers in the Northeast, including 40 from Rochester Gas and Electric Corp. here and 40 from New York State Electric & Gas Corp. statewide, the company announced.

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Graham sales, profit plummet in Q3

Graham Corp. reported a sharp decline in third-quarter sales due to a drop in orders that started a year ago. Profit fell nearly 80 percent compared with the quarter a year ago.

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State seeks proposals for solar technology

A request for proposals was issued Wednesday for developers of solar technologies to install up to 100 megawatts of photovoltaic systems that would convert solar energy into electricity, state officials said.

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Griffith acquired for $125M

By THOMAS ADAMS Griffith Holdings Inc., parent of Griffith Energy Inc. in Rochester, was acquired Wednesday for $125 million by Superior Plus Corp., Canada’s largest propane distributor. Griffith Energy is a seller of heating oil, propane and power fuels to ...

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