FirstEnergy Corp. (Akron, OH) announced that its competitive subsidiary, FirstEnergy Solutions, has entered into a 20-year agreement to purchase the output of a new, 65 MW wind generation farm being developed in Somerset, PA, by Generation Resources Holding Company (GRHC, Leawood, KS), a developer of renewable wind energy projects. The project, Stonycreek WindPower, features 36, […]
Vicor Corp. (Andover, MA) announced its financial results for the quarter ended December 31, 2003. Revenues for the quarter decreased to $39,111,000 compared with $41,637,000 for the corresponding period a year ago. The company reported a loss before taxes of $4,985,000 for the quarter compared with a loss before taxes of $5,565,000 in the corresponding […]
Staco Energy Products Co. (Dayton, OH) announced its new FirstLine® conditioning power system (CPS), which protects against 98 percent of all power...
Capstone Turbine Corp. (Chatsworth, CA), a leading microturbine power systems manufacturer, reported results for its third fiscal quarter ended December 31, 2003. Revenue for the quarter was $3.3 million as compared with $3.6 million in the period a year ago. For the third quarter of fiscal 2004, Capstone's net loss was $11.6 million, or $0.14 […]
Medis Technologies Ltd. (New York) announced that its first fuel cell product will be a new disposable Power Pack, which is scheduled to be in distribution channels by the end of this year. The Power Pack will provide 15 hours (900 minutes) of talk time; offering many times the power and far lower cost per […]
The S&C Electric Co. (Chicago, IL) announced that it has installed a PureWave UPS™ System for a government installation at the Redstone Arsenal in Alabama. The existing standby generator set needs 15 seconds to start up, which is too long for the facility's computers to endure. Facility managers sought an uninterruptible power supply system that […]
Linear Technology Corp. (LTC, Milpitas, CA), a manufacturer of high-performance, linear, integrated circuits announced that the strong demand for its products that the company discussed in connection with its announcement of its December quarter results has accelerated during the March quarter. Consequently, should these current trends continue, the company expects to grow both sales and […]
Philips Semiconductors (San Jose, CA) announced a new family of I²C devices that will help designers build bigger I²C systems for maintenance and control applications in CompactPCI (PICMG2.9) and AdvancedTCA (PICMG3.X) architectures. The advanced architectures allow more extensive remote system management and configuration control of communication boards, power supplies and controllers to significantly increase system […]
Advanced Power Conversion plc (APC, Farnborough, England) announced its new APC-SCM-R, a 1U-high, 19 in, rack-mount unit to control and monitor the...
American Electric Power Co. (AEP, Columbus, OH) reported 2003 earnings of $110 million, or $0.29 per share, compared with a loss of $519 million, or $1.57 per share, in 2002. Fourth-quarter earnings were a loss of $762 million, or $1.93 per share, for 2003 compared with a loss of $837 million, or $2.47 per share, […]
Guangdong Foshan Kestar Electronic Co. Ltd. (China) announced its new MYG Series of general-purpose varistors, which are targeted for applications such as transistor, diode, integrated circuit, thyristor or triac semiconductor protection, surge protection in consumer electronics, industrial electronics, electronic home appliances and petroleum appliances, as well as relay and electromagnetic valve surge absorption. With insulated […]
The hybrid bus and truck program to cut particulate emissions by 90 percent by AFS Trinity Power Corp. (Seattle, WA) has received an additional $1 million government award, and has become more urgent as evidence mounts that diesel emission particulates may be the number one cause of lung damage in urban areas. The new, flywheel-based […]
ON Semiconductor Corp. (Phoenix, AZ) announced that it has priced a common stock offering of 47 million shares, including 34 million shares offered by the company and 13 million shares offered by a selling stockholder, at a public offering price of $6.98 per share. The net proceeds to ON Semiconductor will be approximately $224 million. […]
The Educational Division of e/j Bloom Associates Inc. (San Rafael, CA) will present three presentations of its new two-segment Modern Power Conversion Design Techniques course in 2004. Course locations in the US are Chicago, IL (May 18-21) and Las Vegas, NV (August 17-20). The third presentation of the course segments will be in the UK […]
Citing sluggish sales and problems developing the technology, Siemens Westinghouse Power Corp. (SWPC, Orlando, FL) has cancelled plans on a $122 million Pittsburgh fuel cell plant that would have employed 500 people. Siemens is delaying plans for the plant in Munhall indefinitely, and will instead invest $2 million at an existing plant in another suburb. […]