IDACORP Inc. (Boise, ID) subsidiary IdaTech Corp. (Bend, OR) recently received three US patents for the company's multi-fuel processing technology and fuel cell system integration, bringing the company's total number of US patents to 16, 10 having been issued in 2002. The company also has more than 100 patent applications pending. The recently issued patents […]
Fuel Cell Technologies Corp. (FCT, Kingston, ON) announced that it has signed a contract for 10 residential fuel cell units for California's South Coast Air Quality Management District (AQMD). The contract is scheduled to run through the end of 2005, during which time FCT will install, then operate and maintain the residential fuel cells for […]
The first Hydrogen Expo will be held in Washington, DC, on March 4-6, 2003, in the Capital Hilton. Partnering with the National...
Exide Technologies (Princeton, NJ) announced that for the third quarter ended December 31, 2002, the company reported a consolidated net loss of $7 million, compared with a consolidated net loss of $200.4 million for the prior-year period, after recording $12.2 million in costs related to its Chapter 11 reorganization efforts and certain workforce reductions and […]
Rentech Inc. (Denver, CO) announced its financial results for the first quarter ended December 31, 2002, and fiscal year ended September 30, 2003. Rentech's revenues were $1,992,212 for the three months ended December 31, 2002, as compared to $2,511,454 for the corresponding quarter in 2001, a decrease of 21 percent. Though revenues were down for […]
Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) announced its operating results for the second quarter ended December 31, 2002. Revenues were $18.5 million compared to $26.7 million in the second quarter last year, primarily due to the near completion of the first phase of three phases of contracts with Rare Earth Ovonic. The company's […]
Catalytica Energy Systems Inc. (Mountain View, CA) announced that Dennis Riebe will retire from his position as chief financial officer at the end of the first quarter. The company has named Robert Zack, currently vice president of finance and controller, to succeed Riebe upon his retirement. Zack will assume the position of chief financial officer […]
Catalytica Energy Systems Inc. (Mountain View, CA) reported financial results for the fourth quarter and year ended December 31, 2002. Revenues for the fourth quarter of 2002 grew to $1,526,000, as compared to $688,000 for the fourth quarter of 2001. Revenue growth and reduced SG&A spending during the quarter contributed to a substantial decline in […]
GrafTech International Ltd. (Wilmington, DE) announced financial results for the fourth quarter and year ended December 31, 2002. Net income, excluding non-recurring items, was breakeven for the 2002 fourth quarter and a net loss of $3 million, or $0.06 per share, for the year 2002. Net loss as reported was $2 million, or $0.04 per […]
ON Semiconductor Corp. (Phoenix, AZ) announced that it and its wholly owned subsidiary, Semiconductor Components Industries LLC, intend to issue approximately $200 million principal amount of senior secured notes due 2010 in a Rule 144A private offering. ON Semiconductor plans to use the net proceeds from the offering to prepay a portion of Semiconductor Components' […]
The Research Institute of Innovative Technology for the Earth (RITE, Kyoto, Japan) and Sharp Corp. have developed technology necessary for the creation...
Smart Fuel Cell AG (SFC, Munich, Germany) reported that it has obtained CE conformity for its SFC 25.2500 R fuel cell system...
Hydrogenics Corp. (Mississauga, ON), a designer and manufacturer of fuel cell technology, announced its unaudited financial results for the fourth quarter and year ended December 31, 2002. All results are reported in US dollars. Fourth-quarter 2002 revenues increased 82 percent to $5.8 million, compared with $3.2 million for fourth-quarter 2001. Net loss for the fourth […]
The European Union (EU, Brussels, Belgium) Commission has approved a joint venture between Emerson Electric Co. (St. Louis, MO) and auto parts maker Dana Corp. (Toledo, OH) to develop vehicle components. The deal was approved under the commission's simplified antitrust procedure, which clears mergers or acquisitions after one month if no objections are raised. The […]
STM Power Inc. (Ann Arbor, MI) announced completion of its beta product assembly of its hydrogen-enabled technology, 50 external combustion, Stirling-cycle, PowerUnits....