Battelle Memorial Institute (Columbus, OH) announced that it is working on a fuel cell prototype to extend the fuel efficiency of the Bradley Fighting Vehicle. The research institute is working on the project with United Defense Industries Inc., a defense contractor in Arlington, VA. The US Army's Tank Automotive Research, Development and Engineering Center and […]
Ballard Power Systems Inc. (Vancouver, BC, Canada) announced that shares fell to their lowest point in nine years after the company reported a bigger loss in its most recent quarter compared with a year ago. Ballard shares fell to as low as $6.77 – the lowest since February 14, 1996 – after the announcement, but […]
Vishay Intertechnology Inc. (Malvern, PA) introduced two new series of flat chip resistor arrays that integrate four thin-film resistors into a single...
Enpirion Inc. (Bloomsbury, NJ), a developer of power management solutions, has moved the location of its headquarters from Bloomsbury, NJ, to Bridgewater, NJ, as part of its long-term growth strategy. The larger facility includes additional office, lab and product development space, and the location has highway, air and rail access. "This new facility is a […]
The Ericsson (Sweden) board of directors has decided to present a long-term incentive plan (LTI 2005) at its annual general meeting of shareholders. The LTI 2005 is based upon the same principles as the stock purchase plan 2003, which covered all employees and was supplemented by the LTI 2004 for key contributors and senior management. […]
Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) announced that it has entered into definitive agreements with investors relating to a private placement of $87.8 million through the sale of 5,090,000 shares of common stock. The shares of common stock will be issued at a price of $17.25 per share, subject to customary closing conditions. […]
Rentech Inc. (Denver, CO) announced its financial results for the first quarter ended December 31, 2004. Revenues were $2,323,731 for the three months ended December 31, 2004, as compared to $1,645,665 for the corresponding quarter in fiscal 2004. Rentech President and CEO Dennis Yakobson stated, "The first quarter of fiscal 2005 reflected the expectations of […]
Advanced Analogic Technologies Inc. (AnalogicTech, Sunnyvale, CA), a developer of power management solutions, introduced its AAT3682, a new lithium-ion (Li-Ion)/polymer linear battery...
Hewlett-Packard Co. (HP, Houston, TX) announced that Chief Executive Carly Fiorina has been fired by the company's board of directors, after nearly six years at the company, over disappointment of Fiorina's efforts to make the company more nimble and innovative. Board members reported that they fired Fiorina because she failed to execute a planned strategy […]
Fideris Inc. (Lowell, MA), formerly Lynntech Industries Inc., a developer of fuel cell test solutions, announced the opening of a new Zurich, Switzerland, office under the name Fideris Test Solutions to serve the company's customers in Europe, the Middle East and Asia (EMEA). The company also announced the appointment of Pankaj Agarwal as Managing Director […]
Schaefer Inc. (Ashland, MA) introduced its new GP-I-0600L Series of 600 W, pure sine wave, ruggedized inverters. The GP-I-0600L Series is available...
The Darnell Group Inc. (Corona, CA) announced its Second Annual Digital Power Forum (DPF) 2005, which will be held September 12-14, 2005, in Boston, MA. The three-day international conference will serve an audience of decision makers who are interested in learning about, and contributing to, the latest practical advancements and anticipated future developments related to […]
Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) announced its operating results for the second quarter ended December 31, 2004. The company reported net income of $67.1 million on revenues of $95.7 million, compared to a loss of $13.4 million on revenues of $15.7 million in the same quarter last year. On a per-share basis, […]
Researchers at the Department of Chemical Engineering at the University of Michigan are developing ways that could produce fuel cells at a...
The Long Island Power Authority (LIPA, Hauppauge, NY) announced that it is looking for a firm to install and operate fuel cells that would produce up to 10 MW of electricity, enough to power 10,000 homes. The fuel calls would be installed at LIPA's substation in West Babylon. LIPA's request for proposals (RFP) seeks proposals […]