Caterpillar Inc. (Peoria, IL) and FuelCell Energy Inc. (Danbury, CT) have formalized and expanded their agreement to distribute and develop ultra-low emission...
Fluke Corp. (Everett, WA) acquired Reliable Power Meters (RPM, Los Gatos, CA) for an undisclosed price. The sale of the power quality monitoring and analysis technology manufacturer was finalized April 15. Fluke plans to integrate RPM's product line into its electrical products organization. "Fluke has been active in the power quality market for many years," […]
Sustainable Energy Technologies Ltd. (Calgary, Alberta) announced that, subject to regulatory approval, it will issue up to 41,666 units at a price of $12 per unit to a group of private investors to raise a maximum of $500,000. Each unit will consist of 100 10-percent, two-year, cumulative, convertible, redeemable, voting preferred shares and 50 two-year, […]
Xcel Energy (Minneapolis, MN) reported ongoing earnings for the first quarter 2002 of $0.31 per share, excluding special charges, compared with $0.61 per share for the same period in 2001. Total earnings were $0.29 per share for the first quarter of 2002. "The first quarter of 2002 presented numerous challenges, and we are responding to […]
Mechanical Technology Inc. (Albany, NY) announced that its subsidiary, MTI MicroFuel Cells Inc., has received an award of $500,000 from the New York State Energy Research and Development Authority (NYSERDA). The award, matched by a similar commitment from the company, will help fund a year-long research program to advance the development and commercialization of direct-methanol […]
Greenlight Power Technologies Inc. (Burnaby, BC) announced the addition of test stations for solid-oxide fuel cells (SOFC) and molten carbonate fuel cells (MCFC) to its product line. The expansion of Greenlight's product line resulted in immediate SOFC and MCFC test station orders of over $2.5 million from three new US-based customers. "The expansion of Greenlight's […]
The Southern Coalition for Advanced Transportation (SCAT, Atlanta, GA) announced the successful completion of 100,000 test cycles for a high-speed composite flywheel. Tests cycled the flywheel's energy through a simulated hybrid-electric transit bus cycle. The flywheel underwent speed excursions from 27,000rpm to 36,000rpm, with a peak speed of 825m/sec. "These successful tests represent a major […]
Wescon 2002 North America will be held in Anaheim, CA, on September 24, 2002. Wescon will supplement its 2002 program with an exhibit floor pavilion highlighting power products. Participants in Wescon can see real-world solutions from providers of power supplies, power sources, and power management components and equipment. The opening session will feature a panel […]
Scientists at the US Department of Energy's Brookhaven National Laboratory have developed a new method of creating catalysts that reduces the amount...
NASA's Jet Propulsion Laboratory (Pasadena, CA) has designed a portable, compact, flat fuel cell technology suitable for operating small, portable electronic devices...
The US Senate voted 88 to 11 to adopt the broadest US energy legislation of the past 10 years. Senators approved the 458-page bill, as well as more than 100 amendments, which will substantially rewrite electricity and gasoline regulations, nearly triple ethanol consumption across 10 years, and require a more than five-fold increase in renewable […]
Power-One Inc. (Camarillo, CA) announced that net sales for the fiscal quarter ended March 31, 2002, were $48.4 million, compared with $169.9 million in the first quarter of 2001, a decrease of $121.5 million, or 71.5 percent. Net sales for the first quarter of 2002 increased sequentially by $524,000, or 1.1 percent, compared to the […]
ElectroChem Inc. (Woburn, MA) has been awarded a $1.0 million NASA contract for the first-phase development and a $2.5 million option contract for the second-phase development of a fuel cell power plant for the next generation of reusable launch vehicles (RLVs). ElectroChem was one of two companies chosen to develop a pre-prototype proton-exchange membrane (PEM) […]
TechSys Inc. (Florham Park, NJ) announced plans to jointly develop portable fuel cell technology with the National Aeronautics and Space Administration's (NASA) Jet Propulsion Laboratory (Pasadena, CA). Financial terms were not available. TechSys reported that it will jointly design the micro direct-methanol fuel cell technology, and will also receive rights to an exclusive license on […]
Trimol Group Inc. (New York, NY) announced the issuance of a US patent protecting the intellectual property rights to an aluminum-air fuel cell technology licensed to it by its majority shareholder, Aluminum-Power Inc. (Canada), for use in portable consumer electronics. The patent, entitled Ecologically Clean, Mechanically Rechargeable, Air-Metal Current Source, was issued by the US […]