A High Level Group on hydrogen has been created by the European Commission (EU) to help double the country's use of renewable...
The Office of Energy Efficiency and Renewable Energy of the US Department of Energy (Washington, DC) announced that 14 university teams from...
Stuart Energy Systems Corp. (Mississauga, ON) and Hamilton Sundstrand Space Systems International Inc. (Windsor Locks, CT), a subsidiary of United Technologies Corp....
PowerLight Corp. (Berkeley, CA) announced that it will install what is claimed to be the largest commercial, solar, rooftop, electric system in North America at Toyota Motor Sales USA Inc. (Torrance, CA) headquarters. The 501kW solar system, which covers 52,000ft² and features 3,300 solar-electric tiles, will be installed by fall of 2002 at Toyota's South […]
Elgar Corp. (San Diego, CA) announced the appointment of John Mei as Vice President Finance and CFO. "John has a great track record helping technology businesses grow profitably," said Joe Budano, Elgar president and CEO. "Elgar will benefit greatly from John's public accounting and broad manufacturing experience as we improve our systems and grow our […]
Johnson Controls Inc. (Milwaukee, WI) and VARTA AG (Hannover, Germany) announced an agreement to acquire Varta's Automotive Battery division, a major European automotive battery manufacturer. Johnson Controls will pay Euro 312.5 million for Varta's automotive battery business. The transaction is targeted to close near the end of 2002. Keith Wandell, president of the Johnson Controls […]
Lithium Technology Corp. (Plymouth Meeting, PA) and GAIA Akkumulatorenwerke GmbH (Nordhausen, Germany) announced that they have completed and shipped a first prototype 42V automotive battery to BMW AG (Frankfurt, Germany). The prototype battery, which is now undergoing testing in Europe, delivers 7kW to 8kW of power at ambient temperatures, with a capacity of 27Ah, a […]
Nanomix Inc. (Emeryville, CA), a nanotechnology company developing components for electronics, sensor applications and energy storage, announced the close of a $9.0...
Enova Systems Inc. (Torrance, CA) announced that it has entered a consulting agreement with John Wallace, former director of Ford Motor Co.'s (Dearborn, MI) Th!nk Group and current chairman of the board of directors of Th!nk Nordic. Wallace will assist Enova Systems in developing and enhancing its corporate strategy in the areas of electric, hybrid-electric, […]
New York prosecutors have unveiled new criminal charges against former Tyco International Ltd. (Pembroke, Bermuda) CEO Dennis Kozlowski, who is already under indictment for tax evasion. Manhattan District Attorney Robert Morgenthau reported that a grand jury indicted Kozlowski, and former Tyco CFO Mark Swartz, on charges of enterprise corruption. The charges allege that Kozlowski and […]
TDK Corp. (Tokyo, Japan) and Innoveta Technologies (Plano, TX) announced that they have entered into a strategic alliance enabling TDK to co-label and sell Innoveta's dc/dc converters in Japan. The alliance creates a complete line of products from 0.3W to 3kW. "In today's fast-moving marketplace, it is important to form alliances with companies that provide […]
The California Fuel Cell Partnership (West Sacramento, CA) organized a three-day road rally for fuel cell vehicles, which featured seven prototype fuel...
Dynex Power Inc. (UK) announced the retirement of Jack Lawrence from its board of directors and the appointment of Richard Carl who is a Partner at Lawrence and Company (Toronto, Canada. Carl has broad-based experience in investment research, equity sales and trading. "First, on behalf of the board and the senior management of the company, […]
Wartsila Corp. (Annapolis, MD), a global ship power supplier and a major provider of solutions for decentralized power generation, has entered into...
AltFuel Solutions (Sylvania, OH) announced receipt of a fifty-fifty grant through the Ohio Department of Development, Office of Energy Efficiency, to conduct Phase I of a demonstration hydrogen fuel station project in the Cleveland area. The new facility will refuel natural gas, hydrogen, and hydrogen fuel cell vehicles, and will include a small stationary fuel […]