Baxi Group Ltd. (UK) announced that it has acquired European Fuel Cell GmbH (EFC) from Hamburg Gas Consult GmbH (HGC, Hamburg, Germany),...
The board of directors of ABB Inc. (Zurich, Switzerland) announced that Jürgen Dormann, chairman of the board, will assume operational leadership of the ABB Group immediately, aiming to speed up effective implementation of the company strategy. Jürgen Centerman has resigned as ABB president and CEO, and as a member of the ABB board of directors. […]
Nanomix Inc. (Emeryville, CA), a nanotechnology company developing components for electronics, sensor applications and energy storage, announced the close of a $9.0...
Siemens AG (Munich, Germany) has issued a warning against the use of non-licensed and non-approved third-party batteries due to a recent case...
Linear Technology Corp. (LTC, Milpitas, CA) introduced its new LTC1734L, a 50mA to 180mA, linear single-cell, lithium-ion/lithium-polymer battery charger in a ThinSOT™...
AltFuel Solutions (Sylvania, OH) announced receipt of a fifty-fifty grant through the Ohio Department of Development, Office of Energy Efficiency, to conduct Phase I of a demonstration hydrogen fuel station project in the Cleveland area. The new facility will refuel natural gas, hydrogen, and hydrogen fuel cell vehicles, and will include a small stationary fuel […]
S&C Electric Co. (Chicago, IL) announced the purchase of the Adaptive VAR Compensator product line from Trench Ltd. of Canada (Canada), which will be marketed as the PureWave AVC™ Adaptive VAR Compensator for power quality solutions. Typical applications include voltage-support, voltage-flicker and power-factor correction for dynamically varying industrial loads, such as welding operations and large […]
Advanced Energy Industries Inc. (Fort Collin, CO) announced changes in operations designed to reduce redundancies and better align the company's recently acquired mass flow controller business within its operating framework. The plan includes manufacturing and facilities consolidations, related headcount reductions of approximately 100 individuals or seven percent of the workforce, and stringent discretionary spending restrictions. […]
Energy Visions Inc. (EVI, Toronto, ON) announced that it has signed amended agreements dated August 11, 2002, and September 4, 2002, with...
The Estonian Technology Agency (ESTAG, Estonia, UK) and AS Elcogen (Tallinn, Estonia) signed a contract under which the Estonian government will be funding the development of fuel cell technology. In the first phase, Elcogen will receive a grant in the amount of EUR 218,000 earmarked for co-financing research and development. At present, Elcogen has invested […]
Enova Systems Inc. (Torrance, CA) announced that it has entered a consulting agreement with John Wallace, former director of Ford Motor Co.'s (Dearborn, MI) Th!nk Group and current chairman of the board of directors of Th!nk Nordic. Wallace will assist Enova Systems in developing and enhancing its corporate strategy in the areas of electric, hybrid-electric, […]
New York prosecutors have unveiled new criminal charges against former Tyco International Ltd. (Pembroke, Bermuda) CEO Dennis Kozlowski, who is already under indictment for tax evasion. Manhattan District Attorney Robert Morgenthau reported that a grand jury indicted Kozlowski, and former Tyco CFO Mark Swartz, on charges of enterprise corruption. The charges allege that Kozlowski and […]
Boeing Co. (Chicago, IL) and Sandia National Laboratories (Albuquerque, NM), a research laboratory of the US Department of Energy (Washington, DC), have...
NiSource Energy Technologies (Angola, IN), a subsidiary of NiSource Inc., announced the installation and commissioning of a combined heat and power system at the Breeden YMCA in Angola. The installation includes two 60kW microturbines and heat exchangers that use natural gas to generate electricity. The system's by-product heat will supplement heat for the domestic water […]
The Board of Directors of NiSource Inc. (Merrillville, IN) declared a quarterly common dividend payment of $0.29 per share, equivalent to $1.16 on an annual basis. The dividend is payable November 20, 2002, to shareholders of record at the close of business October 31, 2002.