Ansoft Corp. (Pittsburgh) announced the release of two software models for fuel cell and lead-acid batteries within SIMPLORER® to help engineers develop...
Proton Energy Systems Inc. (Rocky Hill, CT) announced that it delivered a renewable, energy-based HOGEN® hydrogen generator to Birka Energi AB (Sweden), in conjunction with ABB (Zurich, Switzerland), to fuel an environmental information center in Hammarby Sjostad, Stockholm, Sweden, that will generate hydrogen directly from a photovoltaic solar array. Birka Energi and ABB selected Proton's […]
IDACORP Inc. (Boise, ID) announced plans to wind down its power marketing business and reaffirmed its commitment to maintain a strong investment credit rating. The company's energy marketing subsidiary, IDACORP Energy, will not seek new customers and will limit its maximum value at risk limits to less than $3.0 million. In addition to minimizing its […]
H Power Corp. (Clifton, NJ) announced that it has signed a third joint-study agreement with Osaka Gas Co. Ltd. (Japan), which calls for the delivery of eight 500W proton-exchange membrane, residential cogeneration, fuel cell systems for in-house and field beta testing for the Japanese residential market. The 500W system combines H Power's proprietary fuel cell […]
Microturbine system manufacturer Bowman Power Ltd. (UK) announced that it has raised 15-million pounds from a group of leading global investors in its latest funding round. The investment is the second phase of an investment program put in place in August 2001, bringing both 12.78-million pounds of capital and new business partners to Bowman. Bowman […]
Emerson (St. Louis, MO) has been awarded a major contract to "power protect" a new 30-story office building in the heart of...
Siliconix Inc. (Santa Clara, CA) announced a new family of analog switching devices designed for low-voltage signal routing and voice and data applications. The industry's first analog switch family to feature 1.8V, 3V and 5V ratings for all devices, the new DG2000 Series also provides outstanding charge-injection performance. New devices in the DG2000 family include […]
American Power Conversion Corp. (APC, West Kingston, RI) announced a new version of its PowerChute power-management software specifically designed for Windows XP...
ON Semiconductor LLC (Phoenix, AZ) announced that it currently expects to exceed its most recent guidance for revenue and gross margin for the second quarter ending June 28, 2002. It also expects to increase its cash position as of the end of the second quarter. Revenues for the quarter are currently expected to be in […]
Advance Galatrek (UK) announced its latest three-phase, uninterruptible power system (UPS) designed to deliver sinewave power protection up to 30kVA, the MasterElite® MultiTec® MRT UPS, which offers highly flexible power protection, and is suitable for use in LANs, servers, data and communications centers, Internet applications, and medical environments. The new MRT UPS is available in […]
Electrotek Concepts (Arlington, VA), part of the WPT Inc. (Edison, NJ) family of companies, has been selected by the Knoxville Utilities Board (KUB, Knoxville, TN) to implement a system for continuous substation performance monitoring and power-quality benchmarking. Under the terms of the purchase, KUB is obtaining equipment, software, and installation and training support from Electrotek. […]
TechSys Inc. (Florham Park, NJ) announced that the company will continue to be listed on the Nasdaq SmallCap Market via an exception from the minimum equity requirement. While the company did not meet this requirement as of December 31, 2001, the company was granted a temporary exception from this standard subject to meeting certain conditions […]
FuelCell Energy Inc. (DFCE, Danbury, CT) announced that Jerry Leitman was elected by the board of directors to serve as Chairman of the Board. Leitman will retain his title of President and Chief Executive Officer and succeeds Bernard Baker who, after 33 years of service to the company, including the last five years as Chairman, […]
Astris Energi Inc. (Mississauga, ON) announced that after two years of beta testing its TESTMASTER family of test loads, test cells and control software, it has introduced the new model, the TL4A Test Load, for fuel cells and batteries. The TL4A Test Load has evolved from its model TL4, which was extensively tested and evaluated […]
Microchip Technology Inc. (Chandler, AZ) announced that it has completed the acquisition of PowerSmart Inc. (Shelton, CT), a privately held fabless semiconductor company, in a cash transaction. Microchip paid approximately $54.0 million in cash, assumed a balance sheet with approximately $4.0 million in cash and other net assets, and assumed certain employee stock options. Approximately […]