American Superconductor Corp. (Westborough, MA) reported revenues of $2.27 million for the first quarter ended June 30, 1999, compared to $2.38 million for the same period last year. Net loss for the quarter was $4.99 million, or $0.32 per share, compared with a net loss of $3.96 million, or $0.27 per share, for the same […]
Saft (France) recently announced it has begun manufacturing its Polythium lithium polymer technology battery. According to Saft, the patented technology will enable portable telecom manufacturers to reduce the size and weight of telephones significantly while remaining competitive price-wise. The Polythium batteries offer a thickness of 3.5mm, weight of 19g, and a size of 3.5 x […]
International Rectifier (El Segundo, CA) reported net income of $3.3 million, or $0.06 per share, on revenues of $147.5 million for the quarter ended June 30, 1999, compared to net income of $0.4 million, or $0.01 per share, on revenues of $133.8 million for the same period a year ago. After non-recurring items, the company […]
Global Thermoelectric Inc. (Calgary, Canada) announced that it has signed a memorandum of understanding (MOU) with Dana Corp. (Toledo, OH) whereby the two companies will work together to enhance the performance and reduce the cost of certain elements of Global's proprietary fuel cell systems. The MOU states that Dana and Global may enter into manufacturing […]
Northwest Power Systems (NPS, Bend, OR) announced the purchase of a 3 kilowatt fuel cell system from DCH Technology (Valencia, CA). They plan to integrate it with their own patented fuel processor. This purchase is the most recent in a series made by NPS from fuel cell makers around the world, including DeNora S.p.A. of […]
Several firms, coming from different directions, are combining forces on projects aimed at coming up with breakthroughs in new technology to advance fuel-cell implementation. In separate projects, the firms are investigating fuel processors and hydrogen storage systems that will provide power for fuel cells in both stationary and transportation applications.Catalytica Advanced Technologies Inc. (Mountain View, […]
Representatives from five public and private organizations have joined forces to launch the nation's first fuel-cell-powered telecommunications site. The demonstration project is aimed at significantly advancing the adoption of alternative energy technologies. The natural-gas-powered fuel cell system, developed by Nuvera Fuel Cells Inc. (Cambridge, MA), with support from the Massachusetts Technology Collaborative, was unveiled at […]
Trace Engineering (Arlington, WA) has introduced a solution for power outage problems in areas where storms or too much demand due to hot weather cause outages. Their solution is called the Back-up Electric System Package. When connected to a generator, solar panels or other energy sources, the systems can provide power during a blackout. Trace […]
Siemens Westinghouse (Orlando, FL) and Shell Hydrogen (Amsterdam) announced they will be creating a framework to jointly market a unique power generating technology using natural gas. The power plant uses the Solid Oxide Fuel Cell (SOFC) developed by Siemens Westinghouse in cooperation with the US Department of Energy with the carbon dioxide sequestration (removal) technology […]
FuelCell Energy Inc. (Danbury, CT) announced that it has commenced operations of a DFC/T power plant. The DFC/T is based on a...
Ocean Power (El Dorado Hills, CA), formerly PTC Group, announced the signing of a Memorandum of Understanding governing phase one of its relationship with Zevco Ltd. (London). This agreement forms a joint venture with worldwide rights for the application of Zevco fuel cells to power Ocean Power's integrated modular seawater desalinization and power plants. Joseph […]
Cherry Semiconductor Corp. (East Greenwich, RI) recently appointed Fred Baechtold as Senior Product Marketing Engineer for the company's Computer and Industrial Business Unit. Baechtold will be responsible for developing innovative, high performance distributed power solutions, and also developing broadband wireless networks. Prior to joining Cherry, Baechtold worked for American Power Conversion Corp. and at Analog.
UTC Fuel Cells (South Windsor, CT) announced the sale of eight PC25 fuel cell power plants to the New York Power Authority (NYPA). The 200kW PC25 units will produce power for, and reduce emissions from, four wastewater treatment plants in New York City. Waste gas produced in the water treatment process will fuel the power […]
Unique Mobility Inc. (Golden, CO) announced that it has received a US DOE grant to design and build an advanced electric traction system capable of propelling mid-sized hybrid-electric and fuel cell-electric passenger vehicles. Two Detroit automakers, as yet unidentified, have indicated high interest in the project and have agreed to evaluate early prototypes. The two-year […]
Sustainable Energy Technologies Ltd. (Calgary, Alberta) announced that it has signed a binding letter of intent with TOM Capital Associates, a private investment firm, to raise up to $700,000 by issuing secured convertible debentures plus common-share purchase warrants as well as agreeing to acquire a complementary wireless battery monitoring technology from TOM Capital, which is […]