Energy Visions Inc. (EVI, Toronto, Canada) announced that Chris Lundstrom has joined the board of directors and has been appointed the chairman of the company's Audit Committee. Lundstrom is a project finance professional with broad experience in such areas as international business development and the financial structuring of small-to-large-scale energy projects in OECD and emerging […]
Energy Visions Inc. (EVI, Toronto, Canada) announced the cancellation of 1,052,600 stock options previously issued pursuant to the July 1997 Original Share Option Plan, and, subject to the approval of the TSX Venture Exchange, the issue of a total of 1,500,000 new stock options pursuant to the company's 2001 Canadian Stock Option Plan. Such new […]
International Automated Systems Inc. (IAS, Salem, UT) announced that it has been awarded a patent on its new breakthrough technology, a propulsion turbine, which some experts believe will be a revolutionary solution to low-cost, solar hydrogen, fuel production and electrical power generation. IAS has conducted many tests during the past two years at its own […]
Enova Systems Inc. (Torrance, CA) submitted its results for the year ended December 31, 2002, to the US Securities and Exchange Commission reporting revenues increased to $4.45 million for the year – an 18 percent increase over the previous year. The company's net sales of $4,455,000 for the year ended December 31, 2002, increased $675,000, […]
Advanced Energy Systems Ltd. (Medford, MA), the US subsidiary of Advanced Energy Systems Ltd. (Perth, Australia), issued a clarification regarding the bankruptcy and liquidation of Advanced Energy Systems Inc. (AESI, Wilton, NH). The clarification indicated that the AESI bankruptcy is unrelated to Advanced Energy Systems Ltd. and that, although they share a similar name, the […]
Dynex Power Inc. (Ottawa, Canada), a leading power semiconductor company, announced results for the fiscal year ending December 31, 2002. Revenues of $38.4 million for the year ending December 31, 2002, were down 12.7 percent from revenues of $43.9 million in fiscal year 2001. Earnings before tax for the year were $455,291, or $0.02 per […]
Radiotronix Inc. (Moore, OK) announced the release of the EWD-900-HDTC embedded wireless transceiver module for unlicensed operation in the US and around the world. The transceiver contains built-in data encoding and decoding, simplifying the interface and software of the host microcontroller. It is suitable for high-volume applications such as wireless meter reading, inventory control, asset […]
VRB Power Systems Inc. (Vancouver, BC) announced that PacifiCorp has agreed to advance a milestone payment to complete phase one of a two-part commissioning plan for the Moab installation. Phase one will constitute complete testing of the entire system; cell stacks, inverter, hydraulics and controls, with connectivity to the grid. The testing of charge and […]
Advanced Energy Systems Inc. (AESI, Wilton, NH), a designer, manufacturer and installer of solar-powered inverters, announced that the company has run out of funding and filed for bankruptcy. The company holds patents and rights to significant photovoltaic system designs. The company will be liquidated in two phases. The first phase will be a sealed bid […]
Vicor Corp. (Andover, MA) announced that the Federal District Court, Boston, MA, has issued orders concerning litigation over infringement of Vicor's Reset Patent (US Patent Re. 36,098). As previously disclosed, Vicor filed lawsuits against a number of parties seeking damages to compensate Vicor for the unauthorized use of its Reset Patent technology. At a status […]
Texas Instruments Inc. (TI, Dallas, TX) announced a synchronous buck dc/dc converter family that addresses critical power supply sequencing requirements in low-voltage,...
The Darnell Group (Corona, CA) announced the publication of its new 216-page study, "Distributed and Cogeneration – Volume 1, Technology and Markets: Worldwide Forecasts, Applications and Competitive Environment," which provides a comprehensive analysis of distributed and cogeneration (DCG) market characteristics, including forecasts for stationary fuel cells, which is seen as an important element in the […]
The Northern California Power Agency (NCPA, Roseville, CA) released a request for proposals seeking renewable electric power supply resources to help meet the expected long-term needs of its members. Based upon the types of proposals received, NCPA could accept a total installed capacity of 30MW to 85MW in 2005 and beyond. NCPA will accept long-term […]
The US Department of Energy (DOE, Washington, DC) announced that the United States is taking the lead in forming a new international effort to advance carbon capture and storage technology as a way to reduce greenhouse emissions. The United States will lead a $1 billion, public-private effort to construct the world's first fossil fuel, pollution-free […]
The International Platinum Association (IPA), which comprises the world's leading platinum group metals, producers and fabricators, confirmed that enough platinum resource is available worldwide to meet any foreseeable future demand spurred by the commercialization of fuel cells. Several erroneous media reports have recently suggested otherwise, potentially causing needless uncertainty among legislators, regulators and the general […]