O2Micro International Ltd. (George Town, Grand Cayman), a supplier of power management and security ICs to mobile computer and communications manufacturers, announced that the jury in the US District Court of the Northern District of California returned a verdict favorable to O2Micro in its trade secrets misappropriation and patent declaratory judgment suit against Monolithic Power […]
General Electric Co. (Fairfield, CT) reported that its second-quarter earnings jumped 24 percent as profits surged across all 11 of its business units, prompting the company to tighten its full-year forecast. The company reported double-digit profit growth at each of its businesses. The company’s GE Energy unit also returned a profit for the first time […]
Plug Power Inc. (Latham, NY), a fuel cell development and manufacturing company, announced an order for 63 GenCore® backup fuel cell systems from Tyco Electronics Power Systems Inc. The systems were sold to a US-based telecommunications provider for integration into its network over the next few months. The GenCore systems will be co-branded with both […]
Ceramic Fuel Cells Ltd. (CFCL, Australia) and Szencorp Group announced that they have signed a contract to install an energy-efficient fuel cell...
Darnell Group Inc. (Corona, CA) announced that it has updated both its Darnell Group website, located at http://www.darnell.com and its PowerPulse website, located at https://www.powerpulse.net. The company’s aim was to make a website with improved layout, more content, and intuitive and simple navigation for its visitors without changing the content. PowerPulse.net remains the web's leading […]
CMR Fuel Cells Ltd. (Cambridge, MA) reported that it has completed a series-B funding round from a syndicate of institutional and individual investors. The amount of funds was not made public, but it will be used to strengthen and accelerate CMR's technical and commercial development. Conduit Ventures Ltd. Principal Daniel Carter, who led the round, […]
Intelligent Energy Holdings plc (UK), a fuel cell technology company, announced that it has secured additional equity financing of up to STG8 million (US$14 million) from Evolution Placements Corp., a company that invests in potential high-growth ventures in the innovation and technology sectors. In addition, Intelligent Energy and Dickie Walker Marine said they have amended […]
GlobeTel Communications Corp. (Fort Lauderdale, FL) announced that its wholly owned subsidiary Sanswire Networks LLC has signed a cooperative research and development agreement with Proton Energy Systems Inc. (Wallingford, CT), a hydrogen generator and regenerative fuel cell company and a subsidiary of Distributed Energy Systems Corp. Pursuant to the agreement, Proton will provide assistance in […]
SiGNa Chemistry LLC (New York, NY) reported that it has come up with a new way to produce hydrogen, which could be...
VRB Power Systems Inc. (Vancouver, BC) announced that it has completed the sale of 14,167,000 special warrants at a price of CAD$0.72 per special warrant, representing gross proceeds of CAD$10,200,240. The financing was led by Sprott Securities Inc., and included Loewen, Ondaatje McCutcheon Ltd. and Fraser Mackenzie Ltd. The special warrants and the underlying common […]
VRB Power Systems Inc. (Vancouver, BC) announced that it has completed the sale of 14,167,000 special warrants at a price of CAD$0.72 per special warrant, representing gross proceeds of CAD$10,200,240. The financing was led by Sprott Securities Inc., and included Loewen, Ondaatje McCutcheon Ltd. and Fraser Mackenzie Ltd. The special warrants and the underlying common […]
National Semiconductor Corp. (Santa Clara, CA) introduced its new LM3658, a dual-input, USB/ac battery charger and power-management IC designed for single-cell, lithium-ion/polymer battery applications as well as a variety of portable devices including personal digital assistants, MP3 players, digital still cameras, Internet appliances, instrumentation and smart phones. The chip features high accuracy for the charge-terminating […]
DayStar Technologies Inc. (Halfmoon, NY), a developer of photovoltaic (PV) products, announced the signing of a purchase agreement with Micro Energy Group Inc. (MEG) for its new TerraFoil-SP™ solar cells. The purchase agreement calls for up to 500 kW of TerraFoil-SP™ cells, with monthly delivery beginning later in 2005 and escalating in volume through the […]
Astris Energi Inc. (Mississauga, ON), a developer of alkaline fuel cell technology, announced that Gary Brandt, formerly Chief Financial Officer of Hydrogenics Corp., has joined the Board of Directors, effective immediately. Brandt is a senior business leader with extensive cross-industry and cross-border experience in alternative energy, telecommunications, and technology. “Gary Brandt is a well-respected industry […]
FuelCell Energy Inc. (FCE, Danbury, CT) and Enbridge Inc. have signed a deal for a new ultra-clean hybrid power unit designed for natural gas pipelines in Canada and the United States. The Direct FuelCell® (DFC®) Energy Recovery Generation power unit provides heat to prevent freezing that can result from pressure reduction, used for local delivery […]