Beacon Power Corp. (Woburn, MA) announced its financial results for the first quarter ended March 31, 2001. For the first quarter of 2001, Beacon Power reported a net loss of $5.8 million, or $0.14 per share, as compared to a net loss of $3.2 million in the first quarter of 2000. In the first quarter […]
United Technologies Corp. (UTC, Hartford, CT) reported a 16-percent increase in first-quarter diluted earnings per share to $0.86, versus $0.74 in the prior year. Net income was $440 million, 17 percent above the $377 million reported in the first quarter of 2000. Revenues for the quarter were $6.7 billion, four percent higher than the prior […]
Beacon Power Corp. (Wilmington, MA) announced the expansion of its flywheel energy storage system product line with the addition the Beacon PQ, a high-power flywheel aimed at generator set support and other high-power and short-duration applications. A 100kWh unit, suitable for generator support and other distributed power applications, is in commercial production and is currently […]
Ballard Power Systems (Canada) reported its financial results for the quarter ended March 31, 2001. Net loss for the quarter was $22.4 million, or $0.25 per share, compared with a net loss of $14.7 million, or $0.17 per share, during the same period in 2000. Revenues increased by $2.1 million or 52 percent from the […]
Solectria Corp. (Wilmington, MA) announced that it has signed a strategic development and supply agreement with Maxwell Technologies (San Diego, CA) to collaboratively develop advanced hybrid-electric drive systems incorporating Maxwell's PowerCache ultracapacitors. The agreement calls for Maxwell to deliver several thousand ultracapacitor cells immediately. Solectria's CEO, James Worden, reports that Solectria also plans to develop […]
American Superconductor Corp. (Westborough, MA) and GE Industrial Systems (Fairfield, CT), announced a follow-on order from Entergy Corp. (New Orleans, LA) for two additional distributed superconducting magnetic energy storage (D-SMES) units to assure power reliability in the Houston, TX area in the summer of 2002. Entergy is in the process of installing two D-SMES systems […]
FuelCell Energy's (Danbury, CT) partner in Europe, the MTU Friedrichshafen GmbH (Germany) unit of DaimlerChrysler, today began operating a 250kW Direct FuelCell (DFC) power plant at the Rhon-Klinikum Hospital in Bad Neustadt. The power plant will be connected to the internal power supply system of the hospital. It will also provide about 170kW of by-product […]
MCE Newmarket (UK) has launched a new range of semi-custom solid-state switches designed to handle kilowatt-level powers at up to 600V. The...
Sensitron Semiconductor (Deer Park, NY) released the IM Series of isolated miniature 1W dc/dc converters. These converters are suitable for use in distributed power systems, telecommunications equipment, datacom equipment, instrumentation products and microprocessor-based systems. The series is available in 5, 12, 15, 24 and 48V levels, in single-output packages with output voltages of 5, 9, […]
Spectrum Control's (Fairview, PA) advanced systems group recently unveiled its SMARTstart intelligent remote power management system. The SMARTstart is a custom power distribution unit (PDU) designed through the specification of standard modular options and offering remote power management for ac or dc systems. These PDUs are designed to provide solutions to off-site network power control; […]
Texas Instruments Inc. (TI, Dallas, TX) is now offering a dual power supply controller with support for hot swap and voltage sequencing...
SatCon Technology Corp. (Cambridge, MA) and Beacon Power Corp. (Woburn, MA) announced that they are collaborating to develop a 250kW UPS that they expect to have available in the last quarter of calendar year 2001. The 250kW UPS will include a Beacon-supplied steel flywheel, SatCon's power conversion electronics, controls and grid interface and a commercially […]
Green Mountain Power Corp. (Colchester, VT) announced consolidated earnings of $0.51 per share of common stock, diluted, for the first quarter of 2001, compared with earnings of $0.63 per share for the same period in 2000. Earnings for the first quarter of 2000 were $0.20 per share higher than they otherwise would have been due […]
AES Corp. (Arlington, VA) reports that it has won a bid for approximately $23.2 million to purchase a 75-percent controlling interest in Rivenoblenergo (Ukraine), the distribution company that serves the Rivno region in the Ukraine. The remaining 25-percent interest is publicly traded and owned by the employees of the distribution company. Completion of the acquisition […]
IdaTech (Bend, OR) announced the delivery and successful testing of a 3kW fuel cell system to the research and development division of Electricite de France (EDF). The system, packaged in a ribbed metal enclosure with plastic wraparound panels, is designed to supply enough electricity, as well as clean, useable heat, to power a typical single-family […]