PowerPulse.net
Power Quality Protection
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Batteries and Portable Power
Catalytica Energy Reports Q4, Annual 2001 Results
Catalytica Energy Systems Inc. (Mountain View, CA) reported financial results for the fourth quarter and year ended December 31, 2001. Net loss for the fourth quarter was $7,133,000 on revenues of $688,000, compared with a net loss of $7,384,000 on revenues of $1,598,000 in the same period of the prior year. For the year ended […]
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Batteries and Portable Power
DCT Lawsuit against Plug Power Dismissed
Plug Power Inc. (Latham, NY) reported that by order of the Michigan Circuit Court, all claims filed by DCT Inc. (Sterling Heights, MI) against Plug Power have been dismissed. The legal complaint, filed on January 25, 2000, alleged that Plug Power misappropriated business and technical trade secrets, ideas, and strategies relating to fuel cell systems, […]
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Power Quality Protection
IPT and Planergy Partner for Distributed Generation
International Power Technology Inc. (IPT, San Jose, CA) announced a strategic alliance with Planergy International (Richmond, CA). Under the memorandum of understanding agreement, the companies plan to cooperate in the development of turnkey, inside-the-fence, distributed generation projects nationwide with a specific focus on the California market. "IPT brings to the table the experience and pedigree […]
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Power Quality Protection
Capstone Microturbines Meet Rule 21 DG Requirements
The California Energy Commission (Sacramento, CA) has certified Capstone Turbine Corp.'s (Chatsworth, CA) 30kW and 60kW MicroTurbine energy systems as the first and (so far) the only products that comply with the requirements of its "Rule 21" grid interconnection distributed generation (DG) standard. "The CEC and all of California's major utilities spent more than a […]
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Automotive Electronics
SatCon Appoints Postlethwait as VP, General Manager
SatCon Technology Corp. (Cambridge, MA) announced that it has appointed Jeffrey Postlethwait as vice president and general manager of SatCon's Semiconductor Products business unit. Postlethwait joins SatCon from Micro Networks Corp. (Worcester, MA). "We're looking forward to Jeff managing our Semiconductor Products business unit," said David Eisenhaure, SatCon's president and CEO. "He has an extensive […]
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Automotive Electronics
Exide Technologies Stock to be Traded on the OTC
Exide Technologies (Princeton, NJ) announced that its common stock will be de-listed from the New York Stock Exchange, with the last full day of trading expected on Thursday, February 14, 2002. On Friday, February 15, the company expects its shares to be quoted on the OTC Bulletin Board. The company said that it will notify […]
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Batteries and Portable Power
Apollo Energy Receives Hydrogen Fuel Cell Order
A $223.0 million order for hydrogen fuel cells was given to Apollo Energy Systems Inc. (Ft. Lauderdale, FL) by Hydrolec Inc. (Jacksonville, FL) on January 17, 2002. The order calls for shipment of 2,000 Apollo power plants per month to Hydrolec starting in 2002. Each power plant consists of a 10kW Apollo alkaline fuel cell, […]
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Power Components
PacifiCorp to Install Vanadium Energy Storage System
Vanteck Technology Corp. (Vancouver, BC) announced that it has entered into an agreement to supply PacifiCorp (UK) with a 250kW, 2,000kWh vanadium energy storage system (VESS). The VESS unit, which will be modular and re-locatable, will be used by PacifiCorp to supply peak power capacity and provide 250kVAR of end-of-line voltage support in a remote […]
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Power Components
ON Semiconductor Reports Fourth-Quarter 2001 Results
ON Semiconductor Corp. (Phoenix, AZ) announced that total product revenues in the fourth quarter of 2001 were $267.0 million, a decrease of three percent from the third quarter of 2001. Excluding amortization of intangibles, restructuring and other non-recurring charges, the company had a net loss of $62.0 million, or $0.37 per diluted share, in the […]
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Power Quality Protection
Douglas Ford Steps Down from BP Board
The board of BP plc (UK) announced that W. Douglas Ford, chief executive downstream, will step down from the board on March 31, 2002. Ford joined the board of BP in January 2000. Prior to the merger, he was executive vice president of Amoco Corp. Ford's board responsibility for downstream will be assumed by Rodney […]
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Batteries and Portable Power
DCH Chairman David Haberman Retires
DCH Technology Inc. (Valencia, CA) announced the retirement of its co-founder and Chairman David Haberman. The DCH board of directors named Robert Walker, who has served as a Company Director since January 1999, as Interim Chairman. DCH President and CEO John Donohue was named Vice Chairman. All changes are effective immediately. The DCH board of […]
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Components
IXYS Announces IXDI414/IXDN414 MOSFET/IGBT ICs
IXYS Corp. (Santa Clara, CA) announced the introduction of new high-power, ultra-fast, MOSFET/IGBT driver ICs in inverting (IXDI414) and non-inverting (IXDN414) designs. The IXDI414 and IXDN414 drivers integrate a 14A output current, wide-working voltage range and ultra-fast switching on a single chip, making the drivers suitable for high-current power MOSFETs and IGBTs, UPS systems, switch-mode […]
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Power Quality Protection
Capstone Reports Fourth-Quarter, Year-End Results
Capstone Turbine Corp. (Chatsworth, CA) reported revenue of $10.1 million for the quarter ended December 31, 2001, compared with revenue of $7.1 million for the fourth quarter of 2000. For the fourth quarter of 2001, Capstone's net loss was $14.6 million, or $0.19 per share, compared to a net loss of $6.4 million, or $0.08 […]
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Batteries and Portable Power
Indigo Energy Successfully Tests Composite Flywheel
Indigo Energy Inc. (Napa, CA) announced the successful testing of the company's patent-pending composite flywheel technology to a top speed in excess of 1,500mph, storing nearly 3,000Wh of energy. The testing was conducted at Toray Industries Inc. (Tacoma, WA), a $9.0 billion multinational conglomerate and the composite flywheel manufacturing partner of Indigo Energy. Target applications […]
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Batteries and Portable Power
SatCon Elects Anthony Villioti to Board of Directors
SatCon Technology Corp. (Cambridge, MA) announced that it has elected Anthony Villioti to serve on its board of directors. Villioti is the vice president and CFO of AquaSource Inc., a water-resource management company and subsidiary of DQE Inc. Villioti served as a member of SatCon's board of directors from June 1997 to January 2000. His […]
