PowerSmart Inc. (Shelton, CT) has announced the availability of the PS3180 SmartShunt battery monitor for prototype evaluation. The SmartShunt is a battery-monitoring...
Intelec 2001 will be held October 14-18, 2001 in the United Kingdom at the Edinburgh International Conference Centre in Edinburgh, Scotland. This will be the 23rd annual international conference dedicated to the exchange of information on energy and power for communication systems. Intelec 2001's theme will be "No Power, No Service, No Revenue." The conference […]
Ericsson (Stockholm, Sweden) reported that it has struck a deal to acquire Microwave Power Devices Inc. (MPD, Hauppauge, NY) in a stock deal worth approximately $200 million dollars.Ericsson will pay $8.70 per MPD share and will commence a cash tender offer for all outstanding MPD shares within the next 10 days. Although MPD's board has […]
Evercel (Danbury, CT) has reported their third quarter 2000 results and reviewed commercialization milestones from the quarter. For the three months ended September 30, 2000, Evercel reported revenues of $30,000 and a net loss to common shareholders of $3,224,000, or $0.45 per share. Sales of $30,000 in 2000 represent sales of product samples. In comparison, […]
Argo-Tech Productions (Quebec, Canada) has changed its name to Avestor Corporation (Canada). This change was meant to be a concrete sign that the company is moving beyond the research and development phase, undertaken by Hydro-Quebec's (Quebec, Canada) research institute in 1979, to begin mass production and sale of advanced lithium-metal-polymer battery products. Avestor will launch […]
C&D Technologies (Blue Bell, PA) announced that its board of directors approved a capital spending plan for fiscal 2002 of $75 million dollars. This is an increase of 50 percent over the current fiscal year capital budget of roughly $50 million. This budget will include capacity expansions in the company's industrial battery and power electronics […]
Dell Computer Corp. (Round Rock, TX) is recalling 27,000 batteries produced by Sanyo (Tokyo, Japan) that were shipped in some Latitude and Inspiron notebook computers. Batteries shipped from June 22, 2000 through September 15, 2000 in North and South America, and from June 22, 2000 through October 4, 2000 in Europe, the Middle East, and […]
Moltech Power Systems Inc. (Gainesville, FL) launched the new Millennium Rechargeable Power Systems (MRPS), its line of premium rechargeable power cells, packs...
Solectria Corp. (Wilmington, MA) recently announced that a Solectria Force electric sedan that is equipped with Maxwell Technologies (San Diego, CA) ultracapacitors performs significantly better overall than a typically-equipped electric car. A recently completed research project by the Northeast Advanced Vehicle Consortium (Boston, MA) and the Vermont Electric Vehicle Program (Waterbury, VT) showed that a […]
Tyco Electronics Corp. (Menlo Park, CA) announced the next generation in its line of PolySwitch PPTC resettable strap devices. The VLR230 (5mm x 12mm form factor) and VLR170 (3.6mm x 10mm form factor) devices are claimed to provide low-series resistance and enhanced thermal protection for lithium-ion and nickel-metal hydride rechargeable battery packs. When an electrical […]
Beacon Power Corp. (Wilmington, MA) set its planned initial public offering at eight million shares of common stock at $11 to $13 per share. In an amended prospectus filed on Thursday with the Securities and Exchange Commission, the company announced that it expects to raise about $88.1 million in net proceeds from the offering. The […]
Southern Company (Atlanta, GA), Alabama Municipal Electric Authority (Montgomery, AL), FuelCell Energy (Danbury, CT) and Mercedes-Benz have joined in a historic partnership to field test an environmentally responsible power generation technology as part of the process of bringing clean energy options to the marketplace.The power plant will utilize FuelCell Energy's Direct FuelCell stack, converting pipeline […]
The Alternative Fuel Vehicle Group(New York) announced that Layne Holley, editor of Electric Vehicle Progress was chosen by EVonyx Inc.(Hawthorne, NY) as their official impartial observer during a test drive of an electric vehicle powered by their new zinc-air Revolutionary Power Cell (RPC). The goal of the test drive was to set a record by […]
Evercel Inc. (Danbury, CT) has signed a joint Memorandum of Understanding with Oxygen SPA (Padua, Italy) and Eurosolare, the solar energy division of the ENI Group (Rome, Italy), to develop a series of solar-powered electric vehicle (EV) maintenance and charging stations in major cities across Italy for use with Evercel's nickel-zinc and traditional batteries. The […]
David G. Nord was recently named the vice president controller for the United Technologies Corp. (UTC, Hartford, CT). He will report to CFO David FitzPatrick. Nord has been UTC's acting controller since November 1999. He joined UTC in 1996 as assistant controller, performing financial reporting and accounting.Before joining UTC, Nord had been a corporate controller […]