Dynegy Inc. (Houston, TX) reported that it has cancelled its planned $8.4 billion acquisition of Enron Corp. (Houston, TX). Dynegy officials announced the decision shortly after two agencies downgraded Enron's credit rating to junk status, triggering an obligation to immediately repay billions of dollars in debt. Enron suspended payment of some debt and its executives […]
DuPont (Wilmington, DE) contributed an additional $5.0 million in a second round of funding for MTI MicroFuel Cells Inc., a subsidiary of Mechanical Technology Inc. (Albany, NY). DuPont contributed additional cash to maintain its six-percent ownership position in MTI Micro. Mechanical Technology also reinvested during the round, maintaining the company's controlling position in its subsidiary. […]
Vishay Intertechnology Inc. (Santa Clara, CA) announced the new ESTA GLI Series of low-inductance, metallized-film, power capacitors designed for dc-linking, voltage-conversion, frequency-conversion...
Densitron Taiwan Ltd. (Taiwan) announced the DSM4248H size 17, double-stacked stepper motor, which provides up to 0.45Nm continuously, and also offers a...
SatCon Technology Corp. (Cambridge, MA) announced that it has received an order for 23 PowerGate power-conversion units from H Power Corp. (Clifton, NJ). SatCon has been working with H Power for the past year and has delivered initial prototype units for evaluation. "This is another step in the process of commercializing fuel cell power generation […]
SL Industries Inc. (Mt. Laurel, NJ) announced that its board of directors voted to suspend the company's regular semi-annual cash dividend, which would have been payable in November 2001. The company is presently not in compliance with certain financial covenants in its credit facility. As a result, the company is precluded from, among other things, […]
Power Measurement (Victoria, BC) announced the opening of its new Connecticut office, and the appointment of Barry Bragger as district manager for the New England area. "By bringing Barry in to run this key location, Power Measurement further extends its abilities to help customers throughout the New England area to improve energy efficiency, increase reliability […]
Advance-Galatrek (UK) introduced the ETX Series of Plinths, designed to partner models in the Elite UPS range and convert any model in the range from a transformerless design into a full galvanic-isolation UPS. A special transformer, based on Advance-Galatrek's range of low-impedance power conditioners, acts as a harmonic filter to protect the load from electrical […]
Agile Systems Inc. (Waterloo, ON) announced that it has developed a new "architectural solutions approach" to power control. This new approach allows...
Whistler Inc. announced the signing of an agreement to acquire the fuel cell division of Anuvu Inc. (Sacramento, CA), including the rights to the Carbon-X fuel cell, an innovative proton-exchange membrane fuel cell specially designed for mass production. Whistler will acquire 100 percent of the shares of the fuel cell division of Anuvu in exchange […]
Hydrogenics Corp. announced its corporate activity and financial results for the third quarter ending September 30, 2001. Hydrogenics recorded revenues of $2.5 million for the three months ended September 30, 2001, compared with $2.6 million for the same period in 2000. Hydrogenics recorded net income of $0.3 million, or $0.01 per share, for the three […]
Semtech Corp. (Newbury Park, CA) announced results for its third quarter ended October 28, 2001, and a forecast for sequential sales growth and margin expansion in the fourth quarter. Net sales for the third quarter of fiscal year 2002 were $43.7 million, up from second-quarter net sales of $40.5 million. Pro-forma gross margin was 55 […]
Tyco Electronics Power Systems (Dallas, TX) announced the new Rayvoss transient-voltage surge suppressor (TVSS). The Rayvoss TVSS guarantees protection from ac surges and requires zero maintenance, with a low clamping voltage and in-line installation. The Rayvoss TVSS replaces traditional parallel metal-oxide varistor (MOV) and silicon avalanche diode (SAD) technology with Strikesorb modules. Strikesorb modules contain […]
The Sixth IASTED International Symposium on Power Generation and Renewable Energy Sources (PGRES 2002) will be held at the Marina Beach Marriott in Marina Del Ray, CA, May 13-15, 2002. The symposium will focus on the latest research in the field of renewable energy, efficient power generation, inverter technology, and regulation and deregulation. PGRES 2002 […]
Linear Technology Corp. (Milpitas, CA) introduced the LTC1998, a highly accurate, adjustable low-voltage detector designed to provide low-battery-voltage warning in single-cell, lithium-ion battery applications. Using a proprietary internal architecture, it maintains one-percent accuracy over temperature even when using low-cost one-percent resistors to set the threshold voltage, allowing a maximum safe runtime without over-discharge. Unlike fixed-voltage […]