Energy Ventures Inc. (EVI, Canada) and the Alberta Research Council Inc. (ARC, Canada) have entered into a joint-development agreement to create commercial prototypes utilizing EVI's direct methanol fuel cell technology. Under the agreement, EVI and ARC will utilize ARC's premises in Canada. In addition, ARC will invest up to $3.0 million in EVI through the […]
FuelCell Energy Inc. (Danbury, CT) and Marubeni Corp. (Japan) have entered into a comprehensive strategic alliance agreement that is targeted to generate at least 45MW in Direct FuelCell (DFC) power plant orders, while providing the necessary infrastructure for successfully launching the product in Japan and Asia. Initially, Marubeni will purchase these plants directly from FuelCell […]
Trimol Group Inc. (New York, NY) announced that it has opened its International Fuel Cell Research and Development Center in collaboration with Aluminum Power Inc. (Canada). The center is dedicated to the continued development of its aluminum-air fuel cell technology, which Trimol has licensed from Aluminum Power for use in portable consumer electronics. The new […]
C&D Technologies (Blue Bell, PA) announced that in its fiscal 2002 first quarter, ended April 30, 2001, net income increased 52 percent to $16,847,000, or $0.62 per share, from $11,053,000, or $0.41 per share, in the first quarter of fiscal 2001. Sales for the fiscal 2002 first quarter increased 13 percent to $155,383,000, from $138,011,000 […]
American Superconductor Corp. (Westborough, MA) announced the commercial release of its 125kW PowerModule (PM-125). The PM-125 is a modular power electronic switch that is designed to replace conventional power converters, inverters and related auxiliary components with a single, integrated electronic device. It is programmable for power switching, modulation and control in a wide array of […]
GE Digital Energy (Atlanta, GA) has signed a definitive agreement to acquire IMV (Switzerland). With this acquisition, GE Digital Energy will acquire IMV's uninterruptible power supplies and associated software platforms. GE Digital Energy believes that these products and services are complementary with its own offerings, and that the acquisition will accelerate its ability to provide […]
H Power Corp. (Clifton, NJ) announced the appointment of Dudley Wass to the position of COO. As COO, Wass will be primarily responsible for overseeing all day-to-day operations of the company as it moves toward commercialization of its PEM fuel cell systems. Wass joins H Power from Visteon Corp. (Dearborn, MI), where he served as […]
EnerSys Inc. (Reading, PA) announced that it has increased the life expectancy of its REL-B valve-regulated, lead-acid family of batteries. These batteries...
Idatech (Bend, OR) is developing a compact 1kW fuel cell system projected to be available to the public in 2002. The platform will be a generic system that IdaTech or an OEM can adapt for a host of uses. Possible applications include portable power plants for camping and boating, or stationary systems providing backup or […]
Rayovac (Madison, WI) announced that it has filed a prospectus with the Securities and Exchange Commission for a proposed underwritten public offering of 7.5 million shares of Rayovac's common stock. Of the shares being offered, 3.5 million will be offered by Rayovac and four million will be offered by certain selling shareholders of Rayovac. In […]
A new maker of sealed VRLA batteries, NorthStar Battery Co. (Springfield, MO), is announcing its official launch on July 1, 2001. Formed...
American Power Conversion (APC, West Kingston, RI) announced the MX06-100, a modular dc power system capable of supplying up to 105A at -48Vdc for wireless, customer-premise and distributed-network applications. APC reports that the new system is designed to grow with the user's needs, allowing them to add power in 10A increments. Compatible with both 19in […]
EnerSys Inc. (Reading, PA) premiered the latest addition to its line of Phoenix batteries. The new PHX12-475 is claimed to increase performance...
The telecommunications power systems division of TDI Transistor Devices Inc. (TDI, Hackettsown, NJ) announced its new Gemini dc power system that is...
DTE Energy Technologies (Farmington Hills, MI) and Samsung Techwin (Korea) announced the signing of a memorandum of understanding providing for the formation of energy|now Korea. The companies intend to establish this Korean-headquartered joint venture in early 2002 as the major participants, and may invite other strategic partners to join the venture. DTE Energy Technologies will […]