Alliance Techsystems (ATK, Hopkins, MN) and Valence Technology Inc. (Henderson, NV) have announced that ATK/Valence Alliance, a joint venture between ATK Power Sources and Valence Technology, has received limited approval from the US Navy to test large-size lithium-ion polymer batteries in the US Navy's underwater vehicles. Managed by the US Navy Deep Submergence Program Office, […]
Matsushita Battery Industrial Co. (Tokyo, Japan) announced that in May 2001 they will begin the mass production of new types of lithium-polymer batteries with capacities ranging up to 1,650mAh. The new lithium-polymer batteries employ an integrated structure of positive/negative electrodes and a separator, which can change its thickness and size. The power capacity can be […]
Compaq Computer Corp. (New York, NY), in cooperation with the US Consumer Product Safety Commission, has announced a worldwide voluntary recall and replacement program for approximately 55,000 Sony Corp. (Tokyo, Japan) battery packs used in their Armada E500 and V300 notebook computers. The serial numbers for the defective battery packs are TCGK 00001- 10500, TCGK […]
Catalytica Inc. (Mountain View, CA) announced that Dennis Riebe has joined Catalytica Energy Systems Inc. as its CFO. Riebe joins the company with over 34 years experience in the gas turbine and aircraft industries. Riebe spent 10 years at Allied-Signal Engines, which has since merged with Honeywell, where he served as CFO. His experience also […]
PolyStor Corp. (Livermore, CA) has launched a new 8mm prismatic lithium-ion battery, the PSC340848-1350. The new battery achieves a 1350mAh capacity in...
The plan of reorganization filed by BlueStar Battery Systems International Corp. (Raleigh, NC) and Bluestar Systems Canada Corp. on September 5, 2000, and overwhelmingly approved by creditors on October 26, 2000, was approved by Justice James Farley of the Ontario Superior Court of Justice on October 31, 2000. "Now that the legal uncertainties are behind […]
The California Fuel Cell Partnership's (Sacramento, CA) grand opening began with the unveiling of the Hyundai Motor Co.'s (Korea) new Santa Fe fuel cell electric vehicle. This vehicle, developed in collaboration with Enova Systems (Torrance, CA), International Fuel Cell (South Windsor, CT) and IMPCO Technologies (Cerritos, CA), is hoped to be an alternative to traditional […]
Bolder Technologies Corp. (Golden, CO) reported net revenues for the third quarter ended September 30, 2000, of $1,435,526, compared with $55,804 in the third quarter of 1999. The net loss for the quarter was $5.8 million, or $0.34 per share, versus a loss of $4.7 million, or $0.40 per share, last year, according to Roger […]
Active Power Inc. (Austin, TX) announced that it is expanding its manufacturing facilities ten-fold to meet anticipated demand for its innovative, flywheel-based power-quality products. The company cites increased demand for the Caterpillar-branded CAT UPS and the CleanSource dc as driving the need for expansion. Active Power recently added 27,000 square feet of manufacturing space, and […]
AstroPower Inc. (Newark, DE) has announced that its packaged solar-electric-power SunUPS photovoltaic system is the first photovoltaic system with battery storage to be approved under the Florida Photovoltaic Buildings Program of the Florida Solar Energy Center (FSEC). As a result of the approval, utilities and other program partners can receive rebate funds from the state […]
H Power Corp. (Clifton, NJ) has signed a memorandum of understanding with SGL Carbon (Wiesbaden, Germany) to jointly develop cost-effective graphite plate components customized for use in H Power Corp.'s PEM fuel cells. H. Frank Gibbard, CEO of H Power Corp., commented, "Using molded graphite plates instead of machined plates will reduce the cost of […]
Ballard Power Systems Inc. (Toronto, Canada) reports that Matsushita Electric Works (Japan) has agreed to use its fuel cells for the field-testing of a 250W portable power generator. Matsushita Electric Works, which has been evaluating Ballard's fuel cells since 1996, will advance that relationship into a supply agreement, the terms of which were not disclosed. […]
Dynetek Industries Ltd. (Toronto, Canada) announced that Ford Motor Co. (San Diego, CA) would purchase its hydrogen fuel-storage system for use in the automaker's fuel cell vehicle program. No price was disclosed. Dynetek, which recently completed a $26.0 million initial public offering, said the multi-year relationship calls for Ford to earn a minority stake in […]
Metallic Power (Carlsbad, CA) announced that it has closed its third round of venture capital funding, with $18.0 million in new investments and four new investors: Beacon Group Energy Funds, Cinergy Ventures LLC, Cominco Ltd. and Perseus LLC. This round of financing also saw the return of previous investors, including Nth Power, Arete Corporation, Hydro-Québec […]
Catalytica Inc. (Mountain View, CA) has reported financial results for the third quarter and nine months ended September 30, 2000. For the third quarter, total revenues were $77,224,000 compared with $98,465,000 reported in the same period of the prior year. The decline in revenues for the quarter was primarily related to the scheduled step-down in […]