SatCon Technology Corp. (Cambridge, MA) announced that it has completed its acquisition of Inverpower Controls Ltd. (Canada). SatCon paid $100,000 in cash and issued 400,000 shares of common stock as consideration for the purchase. Henceforth, the Inverpower brand name, facilities and assets will be incorporated into SatCon's power systems business unit. "We are very pleased […]
Valence Technology Inc. (Henderson, NV) announced the resignation of Jay King from the position of CFO in the company. King, who was appointed CFO in April 1999, is leaving to pursue other interests. Valence is seeking to recruit a new CFO and anticipates hiring a replacement in the near future. "We thank Jay for his […]
Curtis Instruments Inc. (Mt. Kisco, NY) announced that it has received its first production order of controls and instrumentation from India. The...
Astris Energi Inc. (Canada) reported that its common shares, having completed the 30-day eligibility period required by the National Association of Security Dealers, have achieved active trading status on the US Bulletin Board Service. "Now with our first month of listing over, our shares can be actively traded by any market-maker under the symbol ASRNF," […]
Unipower Telecom (Coral Springs, FL) announced the INV5000 telecom inverter that produces 115Vac at 5,000VA in a 2U high shelf. It is...
GNB Industrial Power (Lombard, IL) announced a new, actively cooled, 48V, sealed lift-truck battery, the Champion battery. The Champion battery is used...
H Power (Clifton, NJ) has developed the PowerPEM PS500, a 500W fuel cell supply intended for primary or backup power in telecommunications...
B&K Precision Corp. (Placentia, CA) announced the addition of the light-weight, hand-held Battery Capacity Analyzer Model 600 to its product line. The...
Millennium Cell Inc. (Eatontown, NJ) reports that it was featured at the Fuel Cell Investor West Coast Conference (Portland, OR). Millennium Cell President and CEO Stephen Tang addressed a group of individual and institutional investors interested in the alternative energy and fuel cell sectors. "Energy continues at the forefront of national awareness," said Tang. "Investors […]
The Department of Energy has awarded Nuvera Fuel Cells Inc. (Cambridge, MA) $17.0 million over the next three years in cost-shared programs to fund new research and development of advanced transportation-based fuel cell systems. Program partners include Caterpillar Inc. (Peoria, IL) and De Nora (Italy), among others. The multiple awards will primarily focus on overcoming […]
The Advanced Automotive Battery Conference has been scheduled for February 4-7, 2002, in Las Vegas, NV. The program will include 32 presentations from leading automotive and battery-developer experts. It will be divided into six panel sessions, including advanced automotive market and technological developments, battery systems, field experience with EV/HEV batteries, VRLA for automotives, progress in […]
IDACORP Inc. (Boise, ID) announced the appointment of Claude Duss as the president and CEO of its fuel cell subsidiary, IdaTech (Bend, OR). Duss succeeds Alan Guggenheim, one of the company's three founders. His experience includes 10 years at the vice president and general manager level with Honeywell International in the US and in Europe. […]
Matsushita Battery Industrial Co. Ltd. (Japan) announced the development of a new, prismatic, lithium-ion battery. Production of the CGA533048 started in March 2001. The battery typically features 755mAh. It measures 30mm x 48mm x 5.3mm and weighs 16.5g. It is suitable for use in cellular phones.
Electric Fuel Corp. (New York, NY) announced that it has completed another milestone in the second phase of its zinc-air all-electric transit bus program. In a recently completed test drive, the bus traveled 97m under typical city-bus driving conditions, including stop and go, acceleration, and constant speed. The company believes this to be a world […]
Changsha Liyuan New Material Co. Ltd. (China) announced completion of the expansion and upgrade of its continuum-strip nickel-foam production line in the Hunan province. The strip, which produces the key raw material of nickel-cadmium, nickel-hydrogen and nickel-zinc batteries, has now reached an annual output of 3.2 million square meters. The company plans to further improve […]