International Rectifier Corp. (IR, El Segundo, CA) reported pro-forma earnings of $42.4 million, or $0.59 per share, in the September quarter. This compares to $36.6 million, or $0.52 per share, in the June quarter and $19.8 million, or $0.30 per share, in the prior-year quarter. The pro-forma September quarter earnings excluded a $6.7 million pre-tax […]
Protonex Technology Corp. (Southborough, MA), a developer of fuel cell power solutions for portable and remote applications, and Parker Hannifin Corp., a leading manufacturer of motion and control technologies and systems, have signed a strategic partnership agreement. The agreement covers joint product development and manufacturing activities, as well as the collaborative sales and marketing of […]
New Japan Radio Co. Ltd. (NJR, Japan) started sample shipments of its NJW4100 lithium-ion (Li-Ion) battery charger controller ICs, which enable the...
Darnell Group Inc. (Corona, CA) and Electronic Products magazine announced the first annual Portable Power Developer's Conference (PPDC 2005), which will be held April 18-20, 2005, in San Jose, CA. The three-day, international conference will focus on the latest commercial advancements and anticipated future developments related to advanced power management and efficient energy utilization. PPDC […]
Fairchild Semiconductor International Inc. (South Portland, ME) announced that it does not believe its products violate Power Integrations Inc.'s (San Jose, CA) patents. Power Integrations stated that it has filed a patent infringement suit against Fairchild, which stated that certain integrated circuits produced by Fairchild infringe upon patents owned by Power Integrations. The company is […]
Plug Power Inc. (Latham, NY), a fuel-cell development and manufacturing company, reported financial results and accomplishments for the quarter ended September 30, 2004. Total revenue for the third quarter ended September 30, 2004, was $4.6 million compared to $3.5 million for the third quarter of 2003. Year-to-date total revenue was $11.6 million compared to $9.5 […]
Led by physicist Dr. Mary Helen McCay, nine Florida Institute of Technology scientists and engineers are joining forces to create the university's first hydrogen fuel cell research center. Boosted by a $900,000 federal appropriation made possible by US Rep. Dave Weldon and NASA, the new center brings together researchers from a variety of professional backgrounds. […]
After two years of planning and construction, DTE Energy Co. (Detroit, MI) has opened the doors to its $3 million Hydrogen Technology Park at 11 Mile and Inkster roads in Southfield. The open-area demonstration project boasts solar rays, 10 fuel cells, a Stirling engine, a switch gear, a hydrogen generator, a chiller, hydrogen storage tanks […]
The Canadian Navy paid Ballard Power Systems Inc. (Vancouver, BC, Canada) more than $12 million to develop a high-tech fuel cell propulsion system for its submarines, then shelved the project when the company lost interest, according to notes obtained under the Access to Information Act. The Defense Department invested the money through Ballard Power Systems […]
International Rectifier Corp. (IR, El Segundo, CA) introduced its IRU3146 pulse-width modulated (PWM), dual synchronous buck controller and driver IC for point-of-load...
Ener1 Inc. (Fort Lauderdale, FL), a developer of lithium batteries and fuel cells, and Delphi Corp. have completed a transaction to combine their lithium battery operations into a new company. The new company will pursue opportunities for high-energy, long-life lithium batteries in diverse markets, including power tools, automotive, uninterrupted power supplies, medical devices, personal mobility […]
Advanced Power Conversion plc (APC, Farnborough, England) introduced its R Series dc-dc converter, which offers up to four isolated outputs with five...
Capstone Turbine Corp. (Chatsworth, CA), a leading microturbine power systems manufacturer, announced the establishment of a subsidiary company - Capstone International - and has opened its first foreign office in Tokyo. Capstone CEO John Tucker said, "The establishment of this support office is a further commitment to our Japanese distributors and the Japanese market. Japan […]
Power Integrations Inc. (San Jose, CA), a leader in power conversion semiconductor technology, announced its financial results for the quarter ended September 30, 2004. Net revenues for the third quarter of 2004 totaled $32.9 million, a decrease of 5% from the $34.5 million reported in the third quarter of 2003, and a decrease of 8% […]
Power Integrations Inc. (San Jose, CA), a leader in power conversion semiconductor technology, announced that its board of directors has authorized the repurchase of up to $40 million of the company's shares. The repurchases are to take place from time to time on the open market. In addition, the board of directors has authorized that […]