PowerPulse.net
Power Quality Protection
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Batteries and Portable Power
Mechanical Technology Receives $10 Million Investment
Mechanical Technology Inc. (MTI, Albany, NY) announced that it has entered into an agreement with Fletcher International Ltd., a leading institutional investor, for the purchase of $10 million of MTI common stock with two possible additional investments that may aggregate up to another $26 million in sales of MTI common stock before December 31, 2006. […]
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Batteries and Portable Power
Matsushita, Ebara Develop Home-Use Fuel Cell Stacks
Matsushita Electric Industrial Co. Ltd. (Japan) and Ebara Corp. (Japan) have separately developed fuel cell stacks that can operate for longer than 10,000 hours, realizing the dream of using fuel cells as the power source in homes for electricity and hot water. Although fuel cell systems for emergency power applications are already available for homes, […]
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Power Quality Protection
RWE Innogy Obtains Financing for Wind Farms
RWE Innogy (Swindon, Wiltshire, UK), a British energy company, announced that it has signed a deal to secure development funds for its wind energy business. Under the agreement, RWE Innogy, Englefield Capital and the First Islamic Investment Bank will each assume one-third of the share capital of an investment fund, Zephyr Investments, which was established […]
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921Batteries and Portable PowerSeventeen US State Groups Join Renewable Effort
Seventeen public funds from 12 states will work together to promote renewables in the first effort of its kind in the United...
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254Power Quality ProtectioniPower, Electricore and IUPUI Receive Joint Grant
iPower Technologies Inc. (Anderson, IN), Electricore, Purdue School of Engineering and Technology, and Indiana University Purdue University at Indianapolis (IUPUI) have received...
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Power Quality Protection
Distributed Power Acquires Two Cogeneration Facilities
Distributed Power Inc. (Solana Beach, CA), an owner of distributed generation facilities providing on-site electric power and energy to industrial and commercial customers, announced that it has signed a memorandum of understanding to purchase two cogeneration facilities. Distributed Power will purchase each facility for cash through a special purpose project investment entity, in each case […]
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1.6KCommunications PowerEmerson Network Power Launches Liebert NX UPS
Emerson Network Power, a business of Emerson (St. Louis, MO), introduced the Liebert NX, a mid-sized, uninterruptible power supply (UPS) global platform...
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Communications Power
UNIPOWER Receives ISO 9001:2000 Certification
UNIPOWER Corp. (Coral Springs, FL) announced that it has received its Certificate of Registration confirming that it operates a Quality Management System that complies with the requirements of BS EN ISO 9001:2000. In recent months, UNIPOWER has invested heavily in its "Process Quality System," including on-line reporting of quality at each production step, resulting in […]
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Communications Power
Artesyn Promotes Scott McCowan to ACP President
Artesyn Technologies Inc. (Boca Raton, FL), a leader in power conversion solutions and real-time subsystems for the communications industry, announced the promotion of Scott McCowan to its President of Artesyn Communications Products (ACP) division. In this role, McCowan will be responsible for leading the growth of ACP in providing board-level subsystems and software applications to […]
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Power Quality Protection
e/j BLOOM Offers Modern Power Conversion Courses
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 […]
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Batteries and Portable Power
Siemens Westinghouse Cancels Fuel Cell Plant Plans
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. […]
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Batteries and Portable Power
Hydrogenics Issues $84 Million in New Equity
Hydrogenics Corp. (Toronto, Canada), a designer and manufacturer of fuel cell technology, announced plans to sell 11 million shares for $84 million. The shares will be priced at US$5.75 each, or CDN$7.63, and provide net proceeds of US$60 million to the company, excluding the underwriters' over-allotment option. The underwriters have an option to buy up […]
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Automotive Electronics
Bush Seeks Funding Boost for Hydrogen Cars
The Bush administration wants a 43-percent increase in federal funds to develop cars that run on hydrogen fuel and the service stations to support them. The additional $69 million would bring the program's total funding to $228 million for the 2005 spending year, which begins October 1, under the White House's recently released proposed government […]
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Batteries and Portable Power
IdaTech Receives CE Certification for EtaGen System
IdaTech Corp. (Bend, OR), a fuel cell system/component and fuel cell solutions provider, announced that it has received CE (European Conformity) certification for its 5 kW natural gas, combined heat and power, proton-exchange membrane fuel cell system. This is the first of IdaTech's new line of fuel cell systems named EtaGen™. Currently there are no […]
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Batteries and Portable Power
Hydrogenics Completes Offering of 11,000,000 Shares
Hydrogenics Corp. (Toronto, Canada), a designer and manufacturer of fuel cell technology, announced that it has completed the previously announced sale to the public in the United States and Canada of 11,000,000 common shares at US$5.75 (CDN$7.63) per share. Hydrogenics received net proceeds from the offering of approximately US$60 million. Citigroup acted as sole book-running […]
