Xantrex Technology Inc. (Arlington, WA) announced that the next generation of its Sun Tie product, the new Sun Tie XR, will be available for delivery by July 1, 2001. The Sun Tie XR is an all-in-one inverter designed to connect dc solar power to ac electric meters in homes and small businesses. All of its […]
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 […]
AVO International (Dallas, TX) has developed a new multi-amp pulsar hand-held controller, the HHC-1, to remotely control its Pulsar Relay Test System....
SatCon Technology Corp. (Cambridge, MA) announced today that it has been collaborating with Powercell Corp. (Burlington, MA) to qualify SatCon's power conversion electronics and controls for potential use in Powercell's PowerBlock family of electric power reliability and power quality products. SatCon has been working with Powercell to develop proprietary assemblies and control software, which are […]
Micrel Inc. (San Jose, CA) announced that it has reached an agreement to acquire Kendin Communications Inc. (Sunnyvale, CA), a fabless semiconductor company. In connection with the acquisition, Micrel will issue approximately 6.2 million shares of its common stock and options in exchange for all outstanding Kendin securities and options to purchase Kendin securities. The […]
Inverpower Controls Ltd. (Canada) reports that it is continuing its search for additional funding. The company hired PricewaterhouseCoopers Securities to assist it in identifying financial and strategic investors. The company's Board of Directors has recently expanded PricewaterhouseCooper's mandate to include assisting in evaluating all potential strategic alternatives that may be available to the company, including […]
American Power Conversion Corp. (APC, West Kingston, RI) announced that first-quarter 2001 profits fell 42 percent. The company reports that income fell to $27.2 million, or $0.14 per share, from $47.1 million, or $0.24 per share, in the year-ago period. The company also said that it reduced its staff by four percent in the first […]
Cyberex (Highland Heights, OH) is now offering a full line of power distribution (PDU) offerings. Cyberex PDUs are available in sizes ranging from 75kVA to 300kVA, and are designed to work in conjunction with Cyberex static transfer switches and remote power panels. Cyberex's PDU systems are suitable for use in data center, ISP and telecommunications. […]
The board of directors of American Electric Power (AEP, Columbus, OH) declared a regular quarterly cash dividend of $0.60 per share on the company's common stock. The dividend is payable June 8, 2001, to shareholders of record as of May 10, 2001. AEP claims that this is the company's 346th consecutive quarterly common stock cash […]
Xantrex Technology Inc. (Arlington, WA) announced the purchase of green tags for renewable energy from the Bonneville Environmental Foundation (BEF, Portland, OR) in an amount equal to 100 percent of the electricity consumed at the company's Arlington, WA, site. Snohomish Public Utility (Everett, WA) is partnering with Xantrex to secure green tags for the plant, […]
Solectria Corp. (Wilmington, MA) has signed a strategic development and supply agreement with Maxwell Technologies (San Diego, CA) to collaboratively develop hybrid-electric drive systems incorporating Maxwell's PowerCache ultracapacitors. The agreement calls for Maxwell to deliver several thousand ultracapacitor cells immediately. James Worden, Solectria's CEO, said that Solectria also plans to develop standard power packs, consisting […]
American Power Conversion (APC, West Kingston, RI) unveiled three new UPSs designed for harsh conditions such as dust, extreme temperatures and vibration. These new UPSs include the SP500DR, suitable for programmable logic controllers (PLCs) and other industrial control applications, and two new Smart-UPS models, SU1500RMX155 and SU2000RMX155. The SP500DR can be mounted on DIN rails […]
Texas Instruments Inc. (TI, Dallas, TX) announced several new families of LDO linear regulators. TI believes that one of these new LDO...
SatCon Technology Corp. (Cambridge, MA) announced financial results for its fiscal 2001 second quarter and six-month period ended March 31, 2001. Revenue for the second quarter rose 53 percent to $11.5 million, compared with $7.5 million in the same period last year. Revenue for the six months ended March 31, 2001, increased 74 percent to […]