NEC Corp. (Dallas, TX) announced the development of a new proton-polymer battery designed to provide backup power for car cellular phones. The...
Texas Instruments (Dallas, TX) unveiled a new integrated, single-cell, lithium-ion, battery-protection circuit that yields the smallest system solution on the market, according...
ON Semiconductor (Phoenix, AZ) announced that it will triple its research and development spending by 2001 over its 1999 spending levels and will double the product introductions it plans to release in this year to 400. The company plans to commit 80 percent of its research and development to analog-power management and broadband applications, with […]
The 16th Annual Battery Conference on Applications and Advances will be held January 9-12, 2001, in Long Beach, CA. The conference, sponsored by the Department of Electrical Engineering, California State University, Long Beach, will feature two parallel tracks of 11 technical sessions each examining the analysis, design and selection of batteries and power conditioners that […]
Lithium Technology Corp. (LTC, Plymouth Meeting, PA) announced that its prospective merger partner, Pacific Lithium Ltd. (PLL, New Zealand), has signed a joint venture agreement with Eldor Corp. (Como, Italy) regarding the manufacture and distribution of lithium-ion polymer batteries. LTC Chairman and CEO David J. Cade stated, "PLL's alliance relationship with Eldor for portable electronics […]
Johnson Controls Inc. (Milwaukee, WI) stated that it is buying Gylling Optima Batteries AG (Danderyd, Sweden) for about $62.0 million in a deal that will add slightly to company earnings of $35.0 million in 1999 revenues. All shareholders of the company will get about $2.14 per share. The deal has already been accepted by the […]
Plug Power Inc. (Latham, NY) shares dropped eight percent after the company announced the resignation of Gary Mittleman as president, CEO and director. The company stated that Greg Silvestri, its executive vice president of operations, has been appointed COO, adding that he will manage the everyday operations until Plug Power finds a new president and […]
DCH Technology Inc. (DCHT, Valencia, CA) issued its progress report to shareholders along with second-quarter earnings for the period ended June 30, 2000. Revenues reported for the second quarter of 2000 were $265,756, compared with $50,551 for the same period 1999, an increase of 426 percent. Revenues for the first six months of 2000 were […]
FuelCell Energy Inc. (Danbury, CT) announced that its board of directors has declared a 100-percent stock dividend on its common stock, having the effect of a two-for-one stock split. Stockholders of record on September 6, 2000, will be entitled to one additional share of common stock for each share of the company's common stock held […]
Aluminum-Power Inc. (Toronto, Canada) announced that its aluminum-air battery delivered unprecedented power output in recent commercial tests in a cellular phone. "In actual operating conditions, the aluminum-air fuel-cell-based battery delivered ground-breaking performance, powering a cellular phone to eight hours of talk-time and 5.5 days in standby mode," said Rafael Ferry, vice president of marketing for […]
DCH Technology Inc. (DCHT, Valencia, CA) announced that the Electric Power Research Institute PEAC Corp. (EPRI PEAC, Palo Alto, CA) has purchased a state-of-the-art power quality system from DCHT's wholly owned subsidiary, Enable Fuel Cells Corp. (Middleton, WI). EPRI PEAC purchased the Enable system after a comprehensive analysis of alternative fuel cell systems, and demonstrated […]
SatCon Technology Corp. (Cambridge, MA) reported financial results for the third quarter ended June 30, 2000. Revenue for the third quarter increased by $4.6 million, or 112 percent, to a record $8.7 million versus $4.1 million in the third quarter of 1999. Revenue for the first nine months of 2000 increased by $9.3 million, or […]
Metallic Power (Carlsbad, CA) announced that it has successfully demonstrated what it claims is the world's first fuel-cell-based portable power source powered by a solid, safe and completely recyclable fuel. The company's latest version of its zinc-air fuel cell provides more than 1kWh of energy using a single, sealed, quick-change fuel cartridge containing zinc and […]
The US Postal Service and the Chugach Electric Association Inc. (Anchorage, AK), have established a fuel cell system that they claim is the largest commercial fuel cell system in the nation and is part of an electric utility's grid. In a ribbon-cutting ceremony at the Anchorage Mail Processing Center, the 1MW fuel cell system was […]
Beacon Power Corp. (Woburn, MA), a subsidiary of SatCon Technology Corp. (Cambridge, MA), filed with regulators to seek as much as $115.0 million in an initial public offering. It did not say in a preliminary prospectus filed with the Securities and Exchange Commission how many shares it expects to offer or the expected initial price […]