8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) September 4, 2009

ACORN ENERGY, INC.

(Exact name of Registrant as Specified in its Charter)

Delaware	0-19771	22-2786081
(State or Other Jurisdiction	(Commission file Number)	(IRS Employer
of Incorporation)		Identification No.)

4 West Rockland Road, Montchanin, Delaware	19710
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code (302) 656-1707

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17 CFR 240.14a-2)

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 1 – Registrant’s Business Operations

Item 1.01 Entry Into a Material Definitive Agreement

On September 4, 2009, SCR-Tech, LLC (“SCR-Tech”), a subsidiary of CoaLogix Inc., which is a subsidiary of Acorn Energy, Inc., entered into a Lease Agreement (the “Lease”) as tenant with Fat Boy Trading Company (the “Landlord”) to lease approximately 7.27 acres of land located at 11707 Steele Creek Road, Charlotte, North Carolina together with a building located thereon containing approximately 143,500 square feet of office and warehouse space.

The initial term of the Lease is for seven years, and SCR-Tech may elect to extend the Lease for up to two extension terms of five years each. SCR-Tech is initially leasing 98,460 square feet through August 31, 2010, and will lease the balance of the 45,040 square feet on September 1, 2010, unless SCR-Tech elects to lease the balance of such square feet earlier, which SCR-Tech has a right to do.

SCR-Tech will have free rent for the first nine months of lease of the 98,460 square feet of space, and will have free rent for the first six months of the lease of the 45,040 square feet of space. When rent payments commence, SCR-Tech will be obligated to pay rental on the basis of $2.70 per square foot annually of leased space with such rental rate increasing at 3% per year. SCR-Tech will have an initial monthly lease payment obligation of $19,938.15 due on June 1, 2010, and once the periods of free rent have passed, SCR-Tech’s monthly rent obligation will increase to $33,256.13 commencing March 1, 2011; however, SCR-Tech’s lease payment obligation will increase sooner if it elects to lease the 45,040 square feet prior to September 1, 2010. The rental rate for the extension terms shall be the prevailing base rental rate per square foot of rentable area available in the Charlotte, North Carolina market for comparable properties with a cap of 110% of the rental rate at the expiration of the preceding expiring term.

The Lease is a triple net lease with SCR-Tech being responsible for payment of insurance, real property and other applicable taxes, utilities and maintenance together with repair and replacement of certain parts of the leased premises. SCR-Tech has agreed to indemnify the Landlord for any loss sustained by the Landlord on account of SCR-Tech’s negligence or misconduct involving the leased premises.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

Exhibits.

99.1           Press release of CoaLogix Inc. dated September 8, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 9th day of September, 2009.

ACORN ENERGY, INC.
By:	/s/ Joe B. Cogdell, Jr.
Name:	Joe B. Cogdell, Jr.
Title:	Vice President, General Counsel and Secretary

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EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release of CoaLogix Inc. dated September 8, 2009

3

EX-99.1

EXHIBIT 99.1

Press Release of CoaLogix Inc. dated September 8, 2009

CoaLogix Announces Additional Facility in Charlotte

CoaLogix Subsidiary Leases Over 140,000 Square Feet to Support Demand

Charlotte, NC – September 8, 2009 — CoaLogix Inc., a leader in holistic and environmental technologies for electric utilities, today announced that its SCR-Tech, LLC subsidiary plans to begin operating a second manufacturing, warehousing and research and development facility  in Charlotte, NC.  SCR-Tech will lease over 140,000 square feet of space at 11707 Steele Creek Road staged over the next 12 months. CoaLogix expects the new facility to begin operations during the first half of next year and will be able to service its continued growth while providing additional capacity for new and existing customers.

CoaLogix will provide a significant impact to the local economic environment with this expansion. CoaLogix will make a significant capital investment in the expansion and will create approximately 60 jobs, indicating its confidence in the business climate and knowledge-based workforce. In addition, SCR-Tech will receive both state and local government incentives that help provide financial assistance, stimulate new economic activity and create new jobs.

CoaLogix’s decision for SCR-Tech to lease additional space is in response to the increased demand for its services and products.  CoaLogix provides innovative solutions for clean energy production, with a focus specifically on cost-effective emissions control solutions for the coal and gas fired power generation industry.  CoaLogix is a leader in SCR catalyst regeneration, a technology used by power plants to reduce nitrous oxide (NOx) emissions.  CoaLogix’s NOxAssure program is an innovative, quick response service to provide power generating utilities SCR catalyst at lower cost and faster turnaround times.

According to Bill McMahon, CEO of CoaLogix:  “We have experienced remarkable growth in our business, requiring the investment in an additional facility and expanded workforce.  The incremental space will provide the opportunity for technology advancements, increased laboratory facilities and production capacity for our current and future customer demands.  We are excited that we are able to select Charlotte for our expansion needs and to continue supporting the local economy.”

About CoaLogix

CoaLogix is focused on providing cutting edge services to coal-fired generating facilities to reduce their environmental footprint through technology, optimization and efficiency improvements.  CoaLogix owns SCR-Tech, LLC which is a leading provider of selective catalytic reduction (SCR) management services and catalyst regeneration technologies used by coal-fired power plants to reduce nitrogen oxides (NOx) emissions. Currently, coal-fired power plants contain approximately $1 billion of catalyst in their SCR systems.   CoaLogix integrates leading-edge technologies, a highly-skilled workforce, and more than 160 years of combined senior management experience in the environmental and power generation industries to provide innovative, cost-effective solutions that help our customers achieve and maintain compliance with increasingly stringent environmental regulations. CoaLogix is owned by Acorn Energy, Inc. and EnerTech Capital.  

About Acorn Energy

Acorn Energy, Inc. is a publicly traded holding company (NASDAQ: ACFN) with equity interests in CoaLogix, Coreworx, DSIT and Gridsense. These companies leverage advanced technologies to transform and upgrade the energy infrastructure around the world. Acorn companies are focused on three problems in the energy sector: improving the efficiency of the energy grid, reducing the risk for owners of large energy assets, and reducing the environmental impact of the energy sector. Acorn's strategy is to take primarily controlling positions in companies led by great entrepreneurs. For more information visit http://www.acornenergy.com.

About EnerTech Capital

EnerTech Capital is a pioneer in the CleanTech space and has been successfully investing in energy and clean energy technology companies since 1996. The Firm brings a practical, proven and seasoned approach to its investment activities while focusing on early to expansion stage opportunities that dramatically improve the profitability of producing, transporting/transmitting or consuming fuels/power.  EnerTech is located in Philadelphia and Toronto.  For more information visit www.enertechcapital.com.

Safe Harbor Statement

This press release includes forward-looking statements, which are subject to risks and uncertainties.  These risks and uncertainties include competition in the market for catalyst and regeneration and possible adverse changes in governmental regulations affecting utilities’ need for catalyst.  For disclosure of additional risks and uncertainties which may affect CoaLogix's business and prospects and Acorn Energy, Inc.’s business generally, see the information under "Risk Factors" in Acorn Energy's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K as filed with the Securities and Exchange Commission.

For more information about CoaLogix, call (704) 827-8933, email info@CoaLogix.com or visit www.CoaLogix.com.

Press Contact:

Lloyd Swaringer

Marketing Manager

les@CoaLogix.com

704-812-4068 direct