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Power Quality Protection
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Power Quality Protection
Sustainable Energy Issued Pulsed-Step Inverter Patent
Sustainable Energy Technologies Ltd. (Calgary, Alberta, Canada) announced that the US Patent and Trademark Office has issued a new patent on its pulsed-step power inverter technology. The patent expands existing patents issued to Sustainable Energy in March of 2001, further protecting the intellectual property that is central to the company's integrated energy management and power-conditioning […]
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Communications Power
Sustainable Energy Reports Exercised Warrants
Sustainable Energy Technologies Ltd. (Calgary, Alberta, Canada) announced that all the Series 2 common share purchase warrants, exercisable at $0.18 per share, and otherwise expiring on October 15, 2003, have been exercised. A total of 2,531,250 common shares were issued at $0.18 per share for net proceeds to the company of $455,625. As a result […]
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Power Quality Protection
AEP Declares Quarterly Dividend on Common Stock
The board of directors of American Electric Power Co. (AEP, Columbus, OH) declared a regular quarterly cash dividend of $0.35 a share on the company's common stock. The dividend is payable December 10, 2003, to shareholders of record as of November 10, 2003, and is the company's 374th consecutive quarterly common stock cash dividend. AEP […]
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Power Quality Protection
Xantrex Debuts Exchange Program for Solar Inverter
Xantrex Technology Inc. (Burnaby, BC) announced that it is offering a product exchange program for home owners and renewable energy dealers unable to obtain warranty and repair support for Advanced Energy Inc.'s (AEI) GC1000 inverter; the company filed for bankruptcy in 2002. For $1,250, qualified homeowners and renewable energy dealers can exchange an AEI GC […]
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Batteries and Portable Power
Battery Energy May Be Generated through Water
Research published in the Institute of Physics journal, Journal of Micromechanics and Microengineering, reveals a new method of generating electric power by harnessing the natural electro-kinetic properties of a liquid such as ordinary tap water when it is pumped through tiny microchannels. The research team claims that they have created a new source of clean, […]
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Power Quality Protection
UN Offers Renewable Energy Funding Initiative
The head of the United Nations Environment Programme (UNEP) announced the launching of a Sustainable Energy Finance Initiative (SEFI), which was aimed at engaging the finance sector to invest in renewable energy and energy efficiency. UNEP Executive Director Klaus Toepfer told bankers, financiers and members of the financial sector in Tokyo for the UNEP Finance […]
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Power Quality Protection
PPM Energy Builds Mountain View III Wind Farm
After securing the sale of a 15-year purchase agreement of 25MW of wind energy output to San Diego Gas and Electric, PPM Energy Inc. (Portland, OR) announced that it will build and own a new wind farm in Riverside County, CA, called the Mountain View III wind plant. SeaWest WindPower (San Diego) jointly developed the […]
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Communications Power
US DOE Releases Renewable Energy Funding
The Philadelphia Regional Office of the US Department of Energy (DOE, Washington, DC) has awarded $1.3 million for 15 energy efficiency and renewable energy projects in the Mid-Atlantic region. Funding is being provided through the DOE's State Energy Program Special Projects competitive grants. State Energy Offices will use the funds to improve the energy efficiency […]
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1.1KPower Quality ProtectionDynex Delivers STATCOM Equipment to Alstom
Dynex Semiconductor Ltd. (Lincoln, UK), a leading power semiconductor technology company, has completed delivery of 90 GTO-based power electronic "link" assemblies for...
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Batteries and Portable Power
Beacon Power Delisting Stayed by Nasdaq
Beacon Power Corp. (Wilmington, MA), a development-stage manufacturer of flywheel energy-storage systems that provide uninterruptible electric power, announced that it has been notified by the Nasdaq Stock Market that the Nasdaq Listing Qualifications Panel has determined that a continuation of the listing of the company's securities on the Nasdaq SmallCap Market has been granted. Beacon […]
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Communications Power
Fairchild Reports Third-Quarter 2003 Results
Fairchild Semiconductor International (South Portland, ME) announced results for the third quarter that ended September 28, 2003. Fairchild reported third-quarter sales of $328.4 million, with a net loss of $5.4 million, or $0.05 per share. Included in the third-quarter 2003 results are pre-tax charges of $6 million associated with restructuring activities announced in July of […]
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Communications Power
Microchip Reports Second-Quarter Fiscal 2004 Results
Microchip Technology Inc. (Chandler, AZ) reported results for the three months ended September 30, 2003. Net sales for the second quarter of fiscal year 2004 were $168.5 million, up 4.5% sequentially from $161.3 million in the immediately preceding quarter, and up 1% from sales of $166.8 million in the prior year's second quarter. Net income […]
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Automotive Electronics
Modine Reports Second-Quarter 2003 Results
Modine Manufacturing Co. (Racine, WI) reported its financial results for the second quarter ended September 26, 2003. Sales for the second quarter increased over 1% to $279.1 million from $275.3 million reported a year ago. Sales were positively impacted by net favorable currency exchange rates, primarily the stronger Euro, which added about $13.5 million to […]
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Communications Power
Ault Reports First-Quarter, Year 2004 Results
Ault Inc. (Minneapolis, MN) reported results for its first quarter fiscal 2004 ended August 31, 2003. For the fiscal quarter, net sales were $10.8 million, equal to $10.8 million reported for the first quarter of fiscal 2003. Company officials noted the strength of Asia Pacific markets offset continuing sluggish activity in the North American and […]
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Power Components
Surge Reports Second-Quarter 2003 Revenues
Surge Components Inc. (Deer Park, NY) announced financial results for its third quarter and nine months of its fiscal year ending November 30, 2003. Net sales for the nine months of fiscal year 2003 increased to $8,535,530 from $8,362,575 in the nine months of fiscal year 2002, an increase of $172,955 or 2%. Net loss […]
