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 […]
Fairchild Semiconductor International (South Portland, ME) introduced the Custom Power Solutions Sample Kit, a new on-line tool for ordering multiple power product...
Modine Manufacturing Co. (Racine, WI) announced that it will supply thermal management components to Ballard Power Systems Inc. (Vancouver, BC) for use on fuel cell buses. Modine's components will be installed on the 250kW Citaro hydrogen-powered bus, which is being produced by DaimlerChrysler Corp.'s (Auburn Hills, MI) subsidiary, EvoBus GmbH. "This is an important developmental […]
The California Fuel Cell Partnership (CAFCP, West Sacramento, CA) will be exhibiting fuel cell vehicles (FCVs) and technology at the 2002 San Diego County Fair. The vehicles and fuel cell educational displays are in the Plaza de Mexico from June 28 through June 30. Driving demonstrations of fuel cell cars will take place each morning […]
Microsemi Corp. (Irvine, CA) announced that it has introduced a new line of inverter modules for powering CCFL lamps used in LCD...
Millennium Cell Inc. (Eatontown, NJ) announced that it has completed a $15.0 million private placement that will make sufficient funds available to sustain company operations through 2004, to the point at which the company projects cash self-sufficiency. The company will receive $3.0 million at closing from the sale of common stock and $12.0 million in […]
Enova Systems Inc. (Torrance, CA) announced the success of its recent drive for increased capitalization, raising more than $4.0 million. Enova will apply a substantial portion of the investment capital to expand its product base, customer service and support. Additional financial resources remain targeted toward the research and development, and to meeting the production requirements […]
Fuel Cell Technologies Corp. (FCT, Ottawa, ON) announced that it has sold two fuel cell systems to the US National Park Service for use at Yosemite National Park in California. The FCT fuel cell systems will provide electricity, heat and hot water service to the administration building within the Park. The National Park Service ordered […]
Rayovac (Madison, WI) announced that it will be introducing its new I-C3 (in-cell charging control) technology in the summer of 2003, which will offer a cost-performance proposition for digital cameras, hard-disk digital-audio players, camcorders, and other high-drain electronic devices. The new technology will feature a charging time of just 15 minutes and Rayovac's AA batteries […]
Dynegy Inc. (Houston, TX) announced that CFO Rob Doty has resigned and will be replaced by Louis Dorey. Doty was with the company for 10 years and served as CFO since 2000. The company reported that it would soon provide further details on a corporate restructuring as well as an announcement on an expected and […]
Plug Power Inc. (Latham, NY) announced that the California Energy Commission (CEC) has certified that the company's 5kW stationary fuel cell system complies with the requirements of California's "Rule 21" grid-interconnection standard. Plug Power's system is the first fuel cell system to be certified under this standard. "Interconnection to the electric grid is a critical […]
UNIPOWER Telecom (Coral Springs, FL) introduced its new DPG1U Series of GMT fuse distribution panels, which provide distribution with overload protection for...
Altair Nanotechnologies Inc. (Reno, NV) announced that its board of directors has approved the formation of a technical advisory board, which will be comprised of a variety of respected scientists and technologists from diverse disciplines and industries, who will assist management in reviewing potential projects and new technology concepts, as well as providing a wealth […]