Active Power Inc. (Austin, TX) announced results for its first quarter ended March 31, 2002. Revenues for the first quarter of fiscal 2002 totaled $4.1 million, down 19 percent from the same period the previous year. Net loss for the first quarter of 2002 was $6.5 million, or $0.16 per share, compared to a net […]
Avista Labs, a wholly owned subsidiary of Avista Corp. (Spokane, WA), and Aperion Energy Systems LLC (Jefferson City, MO) announced a joint...
Schaefer Inc. (Ashland, MA) introduced the C5400 Series of 10kW, 7in, standard 19in rack, dc/dc and ac/dc converters. Applications include locomotive controls,...
Cherokee International LLC (Tustin, CA) announced the CAR rectifier system, including a rectifier, rack-mount shelf and controller. The CAR Series serves as a rectifier for float-charging battery applications or as a front-end for distributed power. The rectifier system is designed to work in conjunction with distributed power architectures used in datacom, wireless, semiconductor-fabrication and automated-test-equipment […]
Lexel Battery Co. Ltd. (China) announced its new NiMH AA battery, which is designed to power PDAs and digital cameras, and provides...
FuelCell Energy Inc. (FCE, Danbury, CT) and its partner, PPL Energy Plus, a subsidiary of PPL Corp. (Allentown, PA), announced that they are providing two Direct FuelCell (DFC) power plants for installation at New Jersey hotels owned by Starwood Hotels and Resorts Worldwide Inc., one of the largest hotel operators of the world. PPL and […]
Hydrogenics Corp. (Toronto, Canada) announced the acquisition of EnKAT GmbH (Gelsenkirchen, Germany), which is a leading designer and manufacturer of test systems for fuel cells, reformers and electrochemical engines. The combination will expand Hydrogenics' existing product offerings and system-integration capabilities, also extending the geographical reach of the company in Europe. Terms of the transaction were […]
Palcan Fuel Cells Ltd. (Burnaby, BC) announced that it has signed a memorandum of understanding with Celco Profil SRL (Vigonovo, Italy) to...
H Power Corp. (Clifton, NJ) and Synergy Technologies Corp. (Calgary, Canada) announced that they have entered into a memorandum of understanding (MOU) to jointly pursue development of fuel cell systems utilizing H Power's proton-exchange membrane (PEM) fuel cell technology and Synergy's patented SynGen cold plasma process for reforming heavy fossil fuels to produce hydrogen. "We […]
IDACORP Inc. (Boise, ID) reported that it expects first-quarter earnings to be approximately 30 percent less than last year's $0.93 per share, due to weaker results from its energy marketing activities and the lingering effects from last year's regional drought. As a result, the company is lowering its 2002 earnings guidance to a range between […]
Vanteck Technology Corp. (Vancouver, BC) announced that its 73.04-percent-owned subsidiary, Pinnacle VRB Ltd. (Melbourne, Australia), has entered into new agreements that will expedite the commercialization of vanadium redox battery (VRB/VESS) technology in major US and European energy-storage markets. The agreements are with Sumitomo Electric Industries (SEI) and Vanteck VRB Technology. Pinnacle is now able to […]
Alcatel (Paris, France) announced its new MTC-80901/80902/80904 family of single-chip, lithium-ion and lithium-polymer battery-protection ICs. With small dimensions (width 3.5mm) it is...
Tyco Electronics Power Systems (Dallas, TX) announced what is claimed to be the world's first flooded battery stand with integrated spill containment,...
United Technologies Corp. (UTC, Hartford, CT) reported that first-quarter 2002 earnings per share were $0.92, as compared with $0.86 in the same period last year. Net income for the first quarter of 2002 was $467.0 million versus $440.0 million last year. Revenues were $6.4 billion, as compared with $6.7 billion last year. On a comparable […]
Exide Technologies (Princeton, NJ) announced that it has filed for Chapter 11 bankruptcy protection, burdened by large debts and costs from integrating...