SatCon Technology Corp. (Cambridge, MA) recently announced that it will build fuel cell power converters for H Power Corp. (Belleville, NJ). The SatCon power converters will convert dc electrical output from H Power's fuel cell systems into useful ac electrical power. "We are pleased to be working with H Power on their fuel cell power-generation […]
Plug Power Inc. (Latham, NY) recently announced its value has increased nine-fold since it went public in October 1999. The company has plans for its fuel cells to be installed in homes, and to produce enough electricity to heat and light the houses.According to Plug Power, the fuel cells are powered by natural gas. The […]
Siemens Westinghouse Power Corp. (Orlando, FL) recently announced that the world's largest operating solid oxide fuel cell (SOFC) power system, the 100kW SOFC cogeneration system in Westervoort, Netherlands, passed one year of total operating time. "On December 30, 1999, the total operating time of the 100kW SOFC system reached 8,760 hours, or one year," said […]
Manhattan Scientifics Inc. (New York) announced what it claims is a major research breakthrough, a micro fuel cell test device that achieved a specific energy output three times greater than standard lithium-ion batteries currently used for cellular telephones. Manhattan Scientifics' researchers believe their achievement of three times the energy output of lithium-ion batteries is a […]
STMicroelectronics Inc. (Dallas, TX) recently reported financial results for the fourth quarter and year ended December 31, 1999. Net revenues increased 30.5 percent to $1,478.2 million in the 1999 fourth quarter, up from $1,132.7 million in the year-ago period. This represents a sequential net-revenue increase of 16 percent in comparison to the 1999 third quarter. […]
Public Service Enterprise Group (PSEG, Newark, NJ) recently announced that consolidated operating earnings for the year 1999 were $723.0 million, or $3.29 per share of common stock compared to $644.0 million, or $2.79 per share, for the previous year. PSEG also reported that consolidated earnings for the fourth quarter of 1999 were $134.0 million, or […]
Tripp Lite (Chicago, IL) recently announced a line of surge suppressors designed to complement Apple Computer's iBook notebook computers, the iGuard. According to Tripp Lite, the ac utility power encountered in areas such as hotels, convention centers and public facilities may not be clean, reliable or safe for electronic equipment. The iGuard is designed to […]
Applied Power Inc. (Butler, WI) recently announced plans to spin off its electronics business from its industrial business to create a pure global supplier in the electronic manufacturing services sector. The new company, to be called APW Ltd., will focus on the integrated electronics enclosures systems business and will be converted to a Bermuda corporation. […]
American Superconductor Corp. (Westborough, MA) announced that it has filed a registration statement with the Securities and Exchange Commission to make an offering of shares of its common stock expected to generate net proceeds to the company of approximately $75.0 million.According to the company, proceeds from the offering will be used for a new plant […]
American Superconductor Corp. (Westborough, MA) recently announced it has received an order for two of its proprietary superconducting magnetic energy storage (SMES) units from Edison, the largest private utility in Italy. The company plans to install the units in the summer of 2000 for Edison at an STMicroelectronics chip manufacturing plant in Agrate, Italy. ST […]
MGE UPS Systems (Costa Mesa, CA) claims that it is the first manufacturer to offer power management software based on the new Microsoft Human Interface Device (HID) protocol that is slated to become the standard for any device interfaced with Windows 2000.The combination of HID and Universal Serial Bus (USB) available on MGE's latest generation […]
Pulizzi Engineering Inc. (Santa Ana, CA) recently released the TPC 2365/LT power-distribution system with auto voltage selection. The TPC 2365/LT is designed...
American Power Conversion (APC, West Kingston, RI) recently announced enhancements to its ProtectNet dataline surge-protection suite, the APC PDigiTel. According to APC,...
Dallas Semiconductor Corp. (Dallas, TX) recently announced record net sales of $392.4 million for the year ended January 2, 2000, up 15 percent compared to $342.6 million for the same period last year.According to Dallas Semiconductor, net income for 1999 was a record $68.3 million, or $2.21 per share, up 23 percent compared to $55.4 […]
Scientists at Motorola Labs (Schaumburg, IL) and Los Alamos National Laboratory (Los Alamos, NM) announced they have developed a new, miniature fuel cell. The energy density of these new fuel cells is claimed to be 10 times that of conventional rechargeable batteries.The fuel cells each measure about one inch square and less than one-tenth of […]