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The company was founded on January 28, 1981, as Applied Energy Services [5] by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991.
The start of the energy services business can be attributed to the energy crisis of the late 1970s, as entrepreneurs developed ways to combat the rise in energy costs. One of the earliest examples was a company in Texas, Time Energy, which introduced a device to automate the switching of lights and other equipment to regulate energy use.
The Schaefer Group was the successor of the company Fritz Schaefer GmbH, which was established in 1937. Today, the entrepreneur's sons are in control of these companies, including 16 production facilities on 3 continents and numerous subsidiaries with more than 8,000 employees.
The co-inventor of PayPal, now turned alternative energy rock star, has built two companies -- solar power utility SolarCity (SCTY) and electric car company Tesla 5 Alternative Energy Sources That ...
Oil States Energy Services, LLC v. Greene's Energy Group, LLC, 584 U.S. ___ (2018), was a United States Supreme Court case in which the Court held that the inter partes review process granted by Congress to the United States Patent and Trademark Office for challenging the validity of patents, rather than a jury trial, is constitutional and did not violate either Article III of the Constitution ...
The Home Energy Rating is an American estimated measurement of a home's energy efficiency based on normalized modified end-use loads (nMEULs). [1] In the United States, the Residential Energy Services Network (RESNET) is responsible for creation and maintenance of the RESNET Mortgage Industry National Home Energy Rating Standards (MINHERS), a proprietary system of standards, [2] which includes ...
Renewable and Sustainable Energy Reviews is a peer-reviewed scientific journal covering research on sustainable energy. It is published in 12 issues per year by Elsevier and the editor-in-chief is Aoife M. Foley (Queen's University Belfast). According to the Journal Citation Reports, the journal has a 2021 impact factor of 16.799. [1]
GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division. [4] Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris , France , part of conditions for the Alstom purchase.