PennWell Corp. (Tulsa, OK) is presenting the first annual Fuel Cell Technology Institute in conjunction with the National Fuel Cell Research Center...
Kyocera Solar Inc. (Scottsdale, AZ) announced the nationwide availability of a full line of standardized, rooftop-mounted solar-energy systems called the Kyocera Solar MyGen systems. The systems are designed to convert sunlight into utility-quality ac power that can be used by a residence or business, or automatically sold back to the electric utility company. Twelve complete […]
Under a $7.0-million program, the Long Island Power Authority (LIPA, Uniondale, NY) announced that it will connect 75 fuel cells to its electric grid at its West Babylon substation this summer. The program is intended to begin identifying and developing the measures and systems needed to facilitate the eventual use of fuel cells operating in […]
AstroPower Inc. (Newark, DE) announced that it has been selected by US Home, a division of Lennar Corp. (Miami, FL), to supply at least 500 solar-electric home power systems beginning in 2003 for US Home's new home construction. Under the agreement, US Home will offer AstroPower's solar-electric home power systems as a standard feature within […]
SL Industries Inc. (Mt. Laurel, NJ) announced that it has obtained a waiver of its default on certain financial covenants in its revolving credit facility from its bank lenders. The credit facility has also been amended, in connection with the grant of the waiver, to require the company to provide its lenders additional collateral. The […]
Inverpower Controls Ltd. (Canada) reported the company's operating results for the third quarter of fiscal 2001 ending April 29, 2001. Revenues were $1.1 million, compared to revenues of $2.7 in the prior year. Corresponding with the revenue volume, the company's orders backlog at the end of the third quarter was approximately $2.2 million, an increase […]
PowerCache (San Diego, CA), a part of Maxwell Technologies' (San Diego, CA) electronic components group, announced that it has received a purchase...
E-MON Corp. (Langhorne, PA) announced the release of its new line catalog. The 26-page catalog highlights the company's electronic sub-metering equipment with...
Greenvolt Power Corp. (Canada) is preparing the GVLT/PAFC-200, a 200kW phosphoric-acid fuel cell (PAFC) power plant, for delivery in July 2001. The 30-ton unit, fueled by natural gas and air, is designed as a stationary, independent power plant with sufficient power and heat output to supply approximately 20 homes, 3,000sqft each, with electricity and heat […]
STMicroelectronics (Switzerland) announced that it expects revenues for the second quarter, ending June 30, 2001, to be in the range of $1.55 billion to $1.60 billion, below the $1.65 billion to $1.8 billion range previously anticipated. This reflects year-over-year and sequential sales declines in telecommunications and computer peripheral applications. The sequential revenue decline anticipated for […]
Staco Energy Products Co. (Dayton, OH) announced that it has received certification to ISO 9001 standards. "Our certification for ISO 9001 involved the hard work and dedication of everyone within the company," said Staco Energy's President Ed Kwiatkowski. "The process refined our already high-quality standards, and encouraged us to look at improving our internal procedures […]
Unipower Corp. (Coral Springs, FL) has released a free CD that features its complete line of OEM and telecommunications power systems. The...
Power Measurement Ltd. (Canada) announced a channel-partner agreement with R.L. Laster and Associates Inc. (RLLA, Columbus OH). Already a Power Measurement representative, RLLA is now a certified ION solution partner, offering Power Measurement's ION-brand software and metering products. "We're very pleased to build on our strong relationship with R.L. Laster and Associates," commented Robert Turnbull, […]
FuelCell Energy Inc. (Danbury, CT) announced the closing of its public offering of 3.45 million shares of common stock at $70 per share. Net proceeds to the company were $241.5 million. FuelCell Energy intends to use the net proceeds from this offering to expand manufacturing equipment and facilities to support commercialization activities, and for general […]
Shell Hydrogen US, a division of Shell Oil Products Co. (Shell, Netherlands), and International Fuel Cells (South Windsor, CT), a unit of United Technologies Corp. (Hartford, CT), announced the formation of HydrogenSource LLC (South Windsor, CT). The fifty-fifty joint venture plans to develop, manufacture and sell fuel processors and hydrogen generation systems for emerging fuel […]