Evercel Inc. (Danbury, CT) recently announced that John H. Gutfreund, former chairman and CEO of Solomon Brothers Inc. and former vice chairman of the New York Stock Exchange, has joined Evercel's board of directors. "We're pleased that John is offering his unparalleled global market experience to the Evercel board," said Robert L. Kanode, president and […]
Energy Conversion Devices Inc. (Troy, MI) recently announced that its subsidiary, Ovonic Battery Company Inc., has achieved ISO 9002 certification for its electrode manufacturing facilities. The quality management systems that received the ISO certification consists of the electrode manufacturing plants and the associated departments of engineering, quality, finance, marketing, human resources and purchasing."This is a […]
Lithium Technology Corp. (LTC, Plymouth Meeting, PA) and Pacific Lithium Ltd. (PLL, New Zealand) recently announced that they have signed a definitive merger agreement following approval by LTC's board of directors. The merger is subject to the approval of the LTC shareholders, which will require the filing of a proxy statement with the SEC, and […]
Interstate Battery Systems International Inc. (Dallas) recently announced its newly-formed subsidiary, Retail Acquisition and Development Inc. (RAD Inc.), has acquired substantially all of the assets of John Willemsen Corp. (JWC) including equity interest in Battery Patrol Franchising LLC (Des Moines, IA) of which Mr. Willemsen is president.Battery Patrol Franchising is the franchiser of Battery Patrol […]
Dallas Semiconductor Corp. (Dallas, TX) recently announced record net sales of $392.4 million for the year ended January 2, 2000, up 15 percent compared to $342.6 million for the same period last year.According to Dallas Semiconductor, net income for 1999 was a record $68.3 million, or $2.21 per share, up 23 percent compared to $55.4 […]
Scientists at Motorola Labs (Schaumburg, IL) and Los Alamos National Laboratory (Los Alamos, NM) announced they have developed a new, miniature fuel cell. The energy density of these new fuel cells is claimed to be 10 times that of conventional rechargeable batteries.The fuel cells each measure about one inch square and less than one-tenth of […]
Electric Fuel Corp. (New York) recently announced its Electric Vehicle Division has agreed to participate in a cooperative all-electric hybrid vehicle development and demonstration program in Germany. According to the company, the program will be implemented by a consortium comprising major German industrial firms, such as DaimlerChrysler AG and Varta Batterie AG. The German Post, […]
Electrosource Inc. (San Marcos, TX) recently announced it has received an order for 60,000 of its new, E-Power lightweight, intelligent battery from Worldstar Communications Corp. (Miami). The E-Power batteries will provide energy storage to power uninterruptible power supplies (UPSs) for Worldstar's global communications network."This 18 pound E-Power battery replaces batteries weighing up to 25 percent […]
Ericsson (Sweden) recently announced that it has agreed to sell its Energy Systems business to Emerson Electric Co. (St. Louis, MO). Under terms of the transaction, which is expected to close in the second quarter 2000, Emerson will pay approximately $725.0 million in cash.According to Ericsson, the Energy Systems business, which is headquartered in Stockholm, […]
Ballard Power Systems (Vancouver) recently announced that its subsidiary, Ballard Generation Systems (Burnaby, BC), signed an agreement with Tokyo Gas, EBARA Ballard and EBARA Corp. (Japan) to develop a fuel cell processor for a one-kilowatt natural gas-fuelled fuel cell power generator targeted at the Japanese residential market.According to Ballard, the agreement involves collaboration in the […]
iQ Power Technology (Vancouver) and Texas Instruments Inc. (TI, Dallas, TX) recently announced the signing of an agreement covering the development, production and supply of microcontrollers to iQ Power by TI. According to iQ, TI will develop microcontrollers optimized for iQ Power specifications which iQ will then utilize in its core technology for next-generation intelligent […]
Volvo Trucks North America Inc. (Greensboro, NC), Lockheed Martin Control Systems (Johnson City, NY) and Radian Inc. (Alexandria, VA) recently announced they are building a Class 8 tractor powered by a hybrid electric propulsion system for a US Army program. The project calls for delivery of the demonstrator truck to the Army's Tank-Automotive and Armaments […]
SatCon Technology Corp. (Cambridge, MA) recently announced that it has established a new operating division, the Advanced Fuel Cell Power Products Division, formerly HyComp (Marlborough, MA).SatCon builds power converter modules for use in residential fuel cell power generation systems. The company claims the modules can also be sized for commercial applications including small businesses, factories, […]
NEC Corp. (Tokyo) recently announced it would sell NEC Moli Energy Ltd. (Canada), the production center for its cylindrical batteries, to E-One Energy Technology Corp. (Taiwan).NEC, which currently has a 66.08 percent stake in the Canadian unit, will sell to E-One after buying out the stakes held by Mitsui & Co. Ltd. and Yuasa Corp. […]
Ballard Power Systems (Vancouver) recently announced that Ford Motor Company (Dearborn, MI) presented a new prototype vehicle powered by Ballard's next generation fuel cell, the Mark 900, at the North American International Auto Show in Detroit.The Th!nk FC5 is a family size sedan powered by a fuel cell system which was manufactured by Ballard, DaimlerChrysler […]