Four development teams from Honeywell Sensing and Control (Freeport, NJ), a unit of Honeywell International Inc. (Morris Township, NJ), are on schedule...
ON Semiconductor Corp. (Phoenix, AZ) announced that it has priced at par $260.0 million principal amount of zero coupon convertible senior subordinated notes due April 15, 2024. The senior subordinated notes will be convertible, under certain circumstances, into approximately 26.5 million shares of ON Semiconductor common stock at a conversion price of approximately $9.82 per […]
SatCon Technology Corp. (Cambridge, MA), a leader in power and energy management, announced that its Electronics division received new contracts in excess of $3 million during this past quarter. Currently, the division's backlog is approximately $5 million. Included in this total was $640,000 of orders for system-level assemblies used in military satellite communications mobile base […]
Plug Power Inc. (Latham, NY), a leader in the development of proton-exchange membrane fuel cell systems, announced that its GenCore fuel cell product has successfully completed Network Equipment Building Systems (NEBS) Level 3 compliance testing, a standard developed by the telecommunications industry that qualifies equipment under extreme environmental conditions and requires specific levels of technological […]
Fairchild Semiconductor International (South Portland, ME) announced the election of Robert Friel and Bryan Roub to the company's Board of Directors and Audit Committee. Fairchild's board has determined that both Friel and Roub are independent under current New York Stock Exchange listing standards and are "audit committee financial experts" under the rules of the Securities […]
Texas Instruments Inc. (TI, Dallas, TX) announced its first organic light-emitting diode (OLED) display power conversion integrated circuit (IC), the TPS65130, which...
ON Semiconductor Corp. (Phoenix, AZ) pushed its first-quarter guidance upward. The company said it now expects first-quarter revenues to rise by eight percent sequentially instead of the previously forecast five-percent to six-percent growth rate. The company also said its gross margins will come in at more than 30 percent compared to the previous forecasts of […]
Pacific Fuel Cell Corp. (PFCE, Tustin, CA) announced that United States Patent 6,706,431 has been issued and assigned to Fullerene USA Inc., PFCE's parent company. Pacific Fuel Cell owns the worldwide rights (excluding Japan) to this patented proton-exchange membrane fuel cell technology. The company plans to create joint ventures to rapidly commercialize its technology. George […]
Financial services firm First Albany Cos. (Albany, NY) announced that it will declare a special dividend as part of its plan to distribute most of its holdings in fuel cell company Plug Power Inc. (Latham, NY) to shareholders. First Albany said that it will declare a special dividend of about one share of Plug Power […]
American Superconductor Corp. (AMSC, Westborough, MA) and GE Energy, a business of the General Electric Co., announced the sale of a Dynamic Volt-Ampere-Reactive (D-VAR) reactive power compensation system to the Long Island Power Authority. The D-VAR system will be installed in the East Hampton electrical substation to increase transmission grid reliability, and to reduce the […]
Johnson and Johnson Pharmaceutical Research and Development LLC (JJPRD, LA Jolla, CA) officially dedicated the installation and operation of a new environmentally responsible, combined heat and power (CHP) cogeneration system, as part of a major research and development expansion at its La Jolla facility. The 2,200 kW system will produce 15,000,000 kWh/yr of electricity plus […]
Avista Advantage, a subsidiary of Avista Corp. (Spokane, WA), has become a service and product provider for the US Environmental Protection Agency's ENERGY STAR® program. The relationship will enhance the ability of Avista Advantage customers to measure, manage and improve the energy performance of their facilities nationwide through improved energy management practices and technologies. Additionally, […]
Hitachi Ltd. (Tokyo, Japan) announced that it has developed a prototype personal digital assistant (PDA) powered by a fuel cell that runs...
Maxwell Technologies Inc. (San Diego, CA) announced its new BCAP0350 D Cell BOOSTCAP ultracapacitor based on an industry-standard form factor. The D...
Pentadyne Power Corp. (Chatsworth, CA), a developer of flywheel power systems for power quality, distributed power and power recycling applications, entered into a distribution agreement with EUS GmbH (Dortmund, Germany) to deliver two of its new Voltage Support Solution™ (VSS 120) flywheel power systems to be used in parallel with uninterruptible power supply and microturbine […]