South Shore Resources Inc. (SSHO.PK) is going where no company has ever gone before – and with more mileage, too.

The company’s Hydrogen Hybrid Conversion Kit, which has used proven patent-pending technology to develop an add-on to any engine to enhance the combustion process independent of the type of fuel used (gasoline, diesel, biodiesel, natural gas, or ethanol), saves up to 25 percent or more fuel economy.

Besides increasing gas mileage and engine performance, South Shore Resources Inc.’s (SSHO.PK) Hydrogen Generating Modules also reduce gas emissions by electrolyzing a small amount of water, which produces hydrogen and oxygen (oxyhydrogen). The hydrogen and oxygen mixture is then injected into the engine’s intake manifold providing the fuel with clean-burning energy.

ZBB Energy Corporation (AMEX:ZBB), a leading developer of intelligent, renewable energy power platforms, recently announced entering into a $10 million securities purchase agreement with Socius CG II, Ltd. (“Socius”) that will strengthen ZBB Energy’s ability to secure financing. Under the agreement, ZBB has the right over a term of two years, subject to certain conditions, to require Socius to purchase in separate tranches up to $10 million of redeemable subordinated debentures and/or shares of redeemable Series A preferred stock.

Nextera Energy Inc., (NYSE: FPL) NextEra Energy Executive Vice President for Federal Regulatory Affairs Joseph Kelliher issued the following statement today on the Federal Energy Regulatory Commission’s release of a proposed rule dealing with transmission planning and cost allocation:

“We commend FERC for issuing this important proposed rule. It’s imperative that we develop a more robust electrical grid if renewable energy is going to play a larger role in meeting the nation’s energy needs. One of the biggest barriers to a large-scale transmission build-out is figuring out how to properly allocate the costs of interstate transmission lines. The status quo is simply not working. Cost-allocation disputes are hampering grid development and discouraging development of our highest-quality, lowest-cost renewable resources. FERC’s proposed rule takes a balanced approach that tries to allocate costs in rough proportion to the benefits received. It avoids the extremes of making renewable energy developers pay the entire costs for transmission projects that have broad social benefits, and of spreading costs so broadly that those who derive no benefit are forced to pay. We look forward to working with FERC on this critical policy issue. The nation needs a 21st century electrical grid if renewable energy is ever going to achieve its full potential.”

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