Altair Nanotechnologies Inc. (Reno, NV) announced that it has purchased an approximately 90,000ft² building currently housing its corporate offices, laboratories and nanomaterials production facility from BHP Minerals International Inc. (BHP, Australia) for $3.0 million. Under the terms of the agreement, the first payment is due in 42 months; interest will begin to accrue in 36 […]
Fuel Cell Technologies Corp. (Kingston, ON) announced results for the quarter ended June 30, 2002. Revenues during the second quarter 2002 continued to reflect the impact of delays in government-related projects. Even though revenues, second-quarter 2002 over second-quarter 2001, show a 30 percent increase, the year-to-date, six-month comparison shows 2002 revenue is only 79 percent […]
HERA Hydrogen Storage Systems Inc. (HERA, Longueuil, Quebec), a leading company in the business of hydrogen storage development, recently completed its move to a new location at 577 Le Breton Street in Longueuil, Quebec, Canada, which provides HERA with the space to expand its production capacity as well as room to accommodate the growth of […]
Direct Methanol Fuel Cell Corp. (DMFCC, Pasadena, CA) announced that Rick Cooper has joined the company as Interim President and Chief Operating Officer. Previously CEO of the US division of Xcellsis GmbH, the joint venture of Ballard Power Systems Inc. (Vancouver, BC), DaimlerChrysler Corp. (Auburn Hills, MI) and Ford Motor Co. (Dearborn, MI), Cooper has […]
EXELTECH Inc. (Fort Worth, TX), an electronics manufacturer specializing in power conversion products, announced that it has been recommended for certification to...
NiSource Energy Technologies (Angola, IN), a subsidiary of NiSource Inc. (Merrillville, IN), announced the installation of a combined heat and power distributed generation (DG) system at the Hilton Garden Inn (Chesterton, IN). The integrated energy system, which will generate electricity for the hotel, will initially include three microturbines, heat-recovery heat exchangers and an advanced control […]
Hydrogenics Corp. (Mississauga, ON) announced that it has entered into a development agreement with Deere and Company (Delaware) to provide HyPM power module technology together with integrated components and services for a premium power application of PEM fuel cells. "We are very excited and proud to be sharing our fuel cell expertise with a company […]
Energy Visions Inc. (EVI, Ottawa, ON) announced that the joint development program between EVI and the Alberta Research Council Inc. (ARC, Alberta, Canada) is being restructured to change the immediate focus to completing the first-stage research. The intention of the EVI Direct Methanol Fuel Cell (DMFC) program is to resolve the obstacles of fueling infrastructure […]
H Power Corp. (Belleville, NJ) has signed a representation agreement with Direct Global Power Inc. (DGP, Schenectady, NY) stating that DGP will be responsible for developing sales opportunities for H Power's EPAC-500 and HCORE-500 power systems. "We are pleased to be working with DGP," said Paul McNeill, vice president of business development, marketing and sales […]
Proton Energy Systems Inc. (Rocky Hill, CT) reported that revenues for the second quarter ended June 30, 2002, were $1,317,000, compared to revenues of $555,000 for the same period last year. Net loss attributable to common shareholders for the second quarter of 2002 was $3,080,000, or $0.09 per share, compared to $1,171,000, or $0.04 per […]
Capstone Turbine Corp. (Chatsworth, CA) announced the establishment of a distribution relationship with Samsung Corp. (South Korea) for sales, installation and service of Capstone's on-site, microturbine, energy generation systems in South Korea. Samsung plans to market Capstone MicroTurbines in combined cooling, heating and power installations, in which the microturbine exhaust heat is used for water […]
Absopulse Electronics Ltd. (Carp, ON) recently released the BCH 1500-AEQ, a two-step battery charger that utilizes advanced, high-frequency, conversion topology to generate...
International Rectifier Corp. (IR, El Segundo, CA) and Mitsubishi Electric Engineering Company Ltd. (MEE, Japan) introduced the industry's first 90 percent efficient,...
No. 11 Radio Factory (Nanjing, China) announced its new RX Series of wirewound resistors, which are suitable for use as power loads...
Analog Devices Inc. (Norwood, MA) announced revenues of $445.0 million for the third quarter of fiscal 2002, which ended August 3, 2002. Revenues increased eight percent compared to the immediately prior quarter. Diluted earnings per share under generally accepted accounting principles were $0.08 for the third quarter, up from the $0.04 recorded in the second […]