Proton Energy Systems Inc. (Rocky Hill, CT) announced that it has signed an agreement with the Connecticut Clean Energy Fund (CCEF) providing $1.5 million to accelerate commercial deployment of its UNIGEN fuel cell product family. CCEF's funding is for initial commercial product and market development of breakthrough power quality and energy-storage products incorporating Proton's hydrogen-generation […]
Global Thermoelectric Inc. (Calgary) announced that Peter Garrett has joined the company as COO, reporting to Jim Perry, president and CEO. In his new role, Garrett will be responsible for the commercialization of Global's solid-oxide fuel-cell-based products. Prior to joining Global, Garrett was vice president of wireless access development for Nortel Networks, where he served […]
DCH Technology Inc. (Valencia, CA) announced results for the three months ended September 30, 2001. Revenues for the third quarter of 2001 were $251,078, compared with $150,578 in the same period of last year. Revenues for the nine months ended September 30, 2001, were $727,009, compared to $671,354 for the nine months ended September 30, […]
Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) announced its operating results for the first quarter ended September 30, 2001. Revenues increased 122 percent to $22,459,000, compared to $10,134,000 in the first quarter last year. The company's net loss was $2,765,000, compared to $1,745,000 in the same quarter last year. On a per-share basis, the […]
Microchip Technology Inc. (Chandler, AZ) announced the MCP602X family of op amps for low-current, high-performance applications. The MCP602X op amps offer designers...
Invensys Energy Systems (Raleigh, NC) announced that two of the Intergy dc powering systems met the Network Equipment Building System (NEBS) standard for the telecommunications industry. The new systems are built to comply with the Level 3 NEBS standard GR-1089-CORE for electromagnetic compatibility and GR-63-CORE for physical protection, which includes seismic Zone 4 compatibility. The […]
Sipex Corp. (Billerica, MA) announced the new SP6231, which is claimed to be the industry's first smart LDO voltage regulator that is...
Vitesse Semiconductor Corp. (Camarillo, CA) announced that it has reduced its workforce by approximately 10 percent of the 1,300 people that it employs worldwide. Vitesse President and CEO Lou Tomasetta said, "We continue to seek ways to manage our cost structure. This workforce reduction, while unfortunate, was necessary to lower our operating expenses and reduce […]
HiTek Power (Santee, CA) introduced its new series of low-profile, modular, distributed power systems that are hot-pluggable for N+1 redundancy, with Positronic...
Ansoft Corp. (Pittsburgh) announced financial results for its second fiscal quarter ended October 31, 2001. Revenue for the second quarter of fiscal 2002 totaled $12.5 million, an increase of 30 percent, compared to $9.7 million reported in the previous fiscal-year's second quarter. Pro-forma net income for the second quarter of fiscal 2002 increased 69 percent […]
Catalytica Energy Systems Inc. (Mountain View, CA) announced the opening of its new facility in Gilbert, AZ. Craig Kitchen, president and CEO of Catalytica Energy Systems, was present for the ceremony. The new 43,500sqft Gilbert facility was built to house various administrative functions and engineering activities, as well as accommodate the company's commercial manufacturing operation, […]
Caterpillar Inc. (Peoria, IL) and FuelCell Energy Inc. (Danbury, CT) have signed an agreement to distribute ultra-low-emission fuel cell products for industrial and commercial use. Under the agreement, Caterpillar will distribute FuelCell Energy products through selected Caterpillar dealers in the US. Both companies will also pursue an alliance to jointly develop fuel cell systems, including […]
Hydrogenics Corp. (Mississauga, ON) announced it has appointed two General Motors Corp. (Detroit, MI) executives to Hydrogenics' board of directors. Frank Colvin, vice president for engineering, General Motors Europe, will serve as a director on the board. Colvin is responsible for coordinating engineering activities for Opel in Germany, Saab in Sweden and the Vauxhall Light […]
International Rectifier Corp. (IR, El Segundo, CA) and Mitsubishi Electric Engineering Co. Ltd. (MEE, Japan) announced that they will collaborate to develop, manufacture and sell integrated power solutions and turn-key power systems for space-level applications, such as communications and telemetry satellites. Alex Lidow, IR's CEO, said, "Both IR and MEE possess tremendous power-management expertise for […]
Catalytica Energy Systems Inc. (Mountain View, CA) reported that Enron Corp. (Houston, TX) has sold its 1,342,889 shares of Catalytica Energy Systems' common stock through Credit Suisse First Boston. The shares represented a 7.7 percent ownership in the company and have all been placed with a limited number of purchasers. Craig Kitchen, president and CEO […]