IFX Power (UK) announced the successful completion of its placing and admission to the official list of the UK Listing Authority. Currently, IFX Power consists of two trading subsidiaries, XP Plc (Pangbourne, England), a supplier of standard, modified-standard and custom power supplies with particular focus on standard and modified-standard products, and ForeSight (Sunnyvale, CA), a […]
Nuvera Fuel Cells (Cambridge, MA) announced that it will be shipping a complete gasoline-powered fuel processing systems designed for testing fuel cell transportation applications. The units, which will be delivered to four major automotive companies in the US, Europe and Japan, will be integrated with fuel cell stacks to attempt to validate gasoline as an […]
Keystone Electronics Corp. (Astoria, NY) added a new low-profile coin cell retainer for 2450 Coin Cells to round out its full line of battery retainers. It measures 0.230" x 1.0" x 1.385", including mounting tabs. This low-profile retainer is designed specifically for high-density SMT applications and features a flow-hole solder tail that increases joint strength […]
AVX Corp. (Myrtle Beach, SC) has received the Partners in Performance award from Celestica Inc. Celestica gives the Partners in Performance awards to suppliers based on their ability to support Celestica's supply chain management objectives. Those objectives include flexibility and responsiveness, impact on asset management, effectiveness and efficiency and overall supplier performance."We are very proud […]
Energy Ventures Inc. (EVI, Toronto), Sammer Power Systems Inc. (New Jersey) and Sammer Engineering Gmbh (Austria) announced today that they have entered into a joint development agreement to build demonstration units of EVI's Direct Methanol Fuel Cell (DMFC). EVI has been working with Dr. Karl Kordesch and Dr. Victor Hacker to advance the development of […]
FuelCell Energy Inc. (Danbury, CT) has been added to the Frank Russell Co.'s Russell 3000 Index, effective July 1, 2000. The index measures the performance of the 3,000 largest US companies based on market capitalization. More than $84.0 billion under management is indexed to the Russell 3000. "We remain focused on enhancing shareholder value as […]
Electric Fuel Corp. (Iselin, NJ) announced that it has successfully completed the first driving tests of its battery-powered electric bus, designed to provide a full-day's operation with zero emissions in an urban environment. The bus is equipped with Electric Fuel's ZincAir energy system, which stores a record 320kWh of energy onboard the bus. The company […]
Evercel Inc. (Danbury, CT) announced its second quarter 2000 results. For the three months ended June 30, 2000, Evercel reported revenues of $59,000 and a net loss to common shareholders of $2,571,000, or $0.41 per basic and diluted share, compared with no sales and a net loss of $1,435,000, or $0.26 per basic and diluted […]
Plug Power Inc. (Latham, NY) announced that John G. Rice will assume the position previously held by Robert L. Nardelli on Plug Power's board of directors, effective July 17, 2000. Rice was appointed executive vice president and COO of GE Power Systems in June. "In addition to his duties as COO, Mr. Rice has assumed […]
Nam Tai Electronics Inc. (Hong Kong) has announced for the second time in less than six months that it plans to expand its production capacity of lithium-ion rechargeable battery packs for cellular phones. The company initially planned to set up one production line, but in response to strong market demand it installed two production lines […]
AER Energy Resources Inc. (Atlanta) announced that it received an order for prototype primary zinc-air batteries with Diffusion Air Managers (DAMs) from a leading Japanese consumer electronics company. This order is a continuation of the joint evaluation agreement between the two companies announced in November 1998. The two companies will work closely together to design […]
The US Department of Energy has awarded FuelCell Energy Inc. (FCE, Danbury, CT) a $40.0 million increase and three-year extension of the company's agreement under the DOE office of fossil energy's carbonate fuel cell cooperative program. The DOE cooperative program was initiated in 1994 to develop and commercialize carbonate fuel cells that could produce power […]
ON Semiconductor (Phoenix, AZ), formerly a division of Motorola, and Siliconix (Santa Clara, CA), a subsidiary of Vishay Intertechnology Inc. (Malvern, PA), announced that the two companies have entered into a broad cross-licensing agreement that will enable the exchange of silicon intellectual property for power management, extending battery life in applications such as cellular phones […]
Honeywell International Inc. (Morristown, NJ) has licensed PowerSmart Inc. (Shelton, CT) to manufacture smart battery ICs utilizing Honeywell's battery-monitoring technology. PowerSmart will use Honeywell's smart battery patents and technologies in applications including, lead-acid battery electronics in certain military vehicle batteries; telecommunications base stations; and starting, lighting and ignition applications for construction equipment and heavy-duty vehicles.The […]
Energy Conversion Devices Inc. (ECD, Troy, MI) announced that its subsidiary, Ovonic Battery Company Inc. (Troy, MI), has entered into a patent license agreement under its proprietary nickel-metal hydride (NiMH) battery technology with BYD Battery Co., Ltd. (China). Under the consumer battery license grant, BYD has a nonexclusive, royalty-bearing right to make, use and sell […]