Sustainable Energy Technologies Ltd. announced that it has developed and successfully prototyped a 2.5kW grid-independent inverter which will operate outdoors at full...
SatCon Technology Corp.® announced that it has entered into a definitive agreement for a $12 million private placement with institutional investors. First Albany Capital served as the placement agent for the transaction. “We greatly appreciate the tremendous vote of confidence in SatCon that this financing represents from our new institutional investors,” stated David Eisenhaure, Chairman […]
Tesla Motors unveiled its first high-performance, zero-emissions electric car – the Tesla Roadster. The electric-powered Tesla Roadster boasts a top speed of...
SunPower Corp. announced that revenue for the second quarter ended June 30, 2006 was $54.7 million, up 30% from the prior quarter’s revenue of $42.0 million and up 233% from the second quarter 2005 revenue of $16.4 million. GAAP net income for the quarter was $5.4 million, or $0.08 diluted earnings per share, compared to […]
Power Air Corp. announced that it has signed an agency agreement with Terra Nova Capital Partners, Inc. to raise an institutional round of up to $5 million. The agreement allows for some limited exclusivity in North America. Since becoming publicly traded via a reverse merger in October 2005, Power Air has raised $4 million from […]
Xantrex Technology Inc. has expanded its North American solar product line to include the GT 3.8 Grid Tie Solar Inverter. Xantrex GT...
Voller Energy PLC announced the appointment of Dr Robin Francis as Chief Technology Officer, with immediate effect. Robin has been a senior consultant in Scientific Generics Limited’s Energy, Chemicals & Materials practice since 2003 and brings a wealth of chemical and technological experience to Voller. Robin joined Scientific Generics, a leading consulting and development organisation […]
Jim Press, President of Toyota Motor North America Inc., revealed the company’s plans to develop a plug-in hybrid vehicle. Speaking at the National Press Club, Press stated that hybrids are the “technology of the future, and they will play a starring role in the automotive industry in the 21st century.” He also revealed that the […]
Evergreen Solar, Inc. announced its largest sales agreement to date. Under the terms of the agreement, Evergreen Solar will ship approximately $200 million of photovoltaic modules to SunEdison, LLC over the next five years. “This agreement with SunEdison underscores the growth potential of our photovoltaic module product line and aligns our company with an emerging […]
ENECO, Inc. has announced details of a breakthrough in energy conversion with exciting potential benefits for a range of multi-billion dollar markets. ENECO’s “Thermal Chip” is essentially a new type of semiconductor which directly converts heat from any source into electricity, delivering energy and power conversion three to five times more efficiently than present alternatives, […]
ENrG Inc., a Buffalo-based technology firm, has officially opened its doors. The company’s new location in the town of Tonawanda is a 4,300 square-foot facility that will create photograph-sized ceramics, a type of solid oxide fuel cells which will be used to combine hydrogen and oxygen to create electricity, heat and water. The new technology […]
Plug Power Inc. announced that Telefónica Móviles, one of the two largest wireless providers in Latin America, will begin deploying Plug Power’s GenCore® backup power systems in Venezuela. The initial deployment includes nine backup fuel cell systems that were purchased through Plug Power’s Venezuelan distributor Corpo Teletecnical. The systems will be placed at tower locations […]
Ceramic Fuel Cells Ltd. (CFCL) announced that it has been awarded European “CE” safety approval for NetGen™, its fully integrated pre-commercial m-CHP...
Azure Dynamics Corp. announced it has signed a Memorandum of Understanding (“MOU”) for the production of hybrid shuttle buses with StarTrans, a business division of Supreme Corp. and one of North America’s leading commercial bus manufacturers. Under the proposed terms of the MOU, Azure will provide StarTrans with hybrid cab-chassis’ on which StarTrans will assemble […]
Fronius Solar Electronics USA is expanding its operations in the United States due to strong growth. The company has moved into a...