Ballard Power Systems Inc. (Vancouver, BC) recently announced that it has set the price for the previously announced public offering of 3,245,000 shares of its common stock at $105 (CDN $153.84) per share. Closing of the offering is scheduled for March 2, 2000. According to the company, the net proceeds from the offering will be […]
AEP Communications LLC, a wholly owned subsidiary of American Electric Power (Columbus, OH), and Cutler-Hammer, a business unit of Eaton Corp. (Cleveland, OH) recently announced they have entered into an alliance agreement to market and sell energy management, profiling, and billing products and services. According to the companies, the alliance provides multi-tenant building owners with […]
Intersil Holding Corp. (Palm Bay, FL) recently announced its initial public offering (IPO) of 20,000,000 shares of Class A common stock at $25 per share. The 20-million shares represents approximately a 22-percent stake in the company. With a total value of $500.0 million, Intersil's IPO is claimed to be the largest ever for a US-based […]
American Power Conversion (APC, West Kingston, RI) announced that it is a co-sponsor of the upcoming Sun Microsystems Inc. TechDays worldwide tour, joining leading technology vendors in providing the Internet development community with technologies for building enterprise architecture. The two-day conference is aimed at helping developers understand the increasing complexities of power management. "Sun TechDays […]
ADC Telecommunications (Minnetonka, MN) recently introduced the Uninterrupted Power GMT Series, the latest addition to the ADC PowerWorx power distribution and protection line. According to the company, the device is designed to power and protect network equipment located in central offices and remote locations. The Uninterrupted Power GMT Series features two input power feeds. If […]
Power-One Inc. (Camarillo, CA) announced that it finalized the transaction to acquire HC Power Inc. (Irvine, CA) on February 29, 2000. Power-One acquired HC Power in a stock-for-stock transaction in which Power-One issued approximately 2.1 million shares of Power-One common stock. "We have had very productive planning meetings over the last few weeks to discuss […]
FuelCell Energy Inc. (Danbury, CT) reported first-quarter results for the period ended January 31, 2000. According to FuelCell, important events during the first quarter included the start-up and operation of a 250kW Direct FuelCell power plant in Bielefeld, Germany and the selection of the company by the Los Angeles Department of Water and Power to […]
Power-One Inc. (Camarillo, CA) recently announced that total revenues for the fiscal year ended January 2, 2000, increased 100 percent to a record $205.4 million, compared to $102.5 million in 1998. Net income for the 1999 fiscal year, before acquisition-related charges, increased to $14.4 million, or $0.76 per diluted share, compared with $8.0 million, or […]
Guardian On Board (Ashkelon, Israel) recently announced that its PowerCard UPS card, suitable for all PC-based systems, will be available in a...
The 8th International Exhibition on Electric Power Equipment and Technology, also known as EP China 2000, and the International Exhibition on Electrical Engineering, Electrical Equipment and Contractors' Supplies, also known as Electrical China 2000, will be held November 7-10, 2000, at China International Exhibition Center, Beijing, People's Republic of China. EP China 2000 will cover […]
Power-One Inc. (Camarillo, CA) recently announced that it has entered into a definitive agreement to acquire HC Power Inc. (Irvine, CA). HC Power is a supplier of power systems for telecommunications and internet service-providers and OEM equipment manufacturers. Power-One has agreed to acquire HC Power in a stock-for-stock transaction in which Power-One will issue approximately […]
Liverpool High School (Liverpool, NY) has recently become the first high school equipped with a fuel cell. Students and faculty were present as the fuel cell began operation for the first time, generating electricity and serving as a new teaching tool. The fuel cell power system, model PC25, installed at the Liverpool school was developed […]
Xcellsis GmbH, a subsidiary of DaimlerChrysler AG (Germany) and Shell Hydrogen (Amsterdam), recently announced they have successfully developed and tested a compact 50kW multi-fuel fuel cell system. The system is designed to turn gasoline into hydrogen for powering environmentally friendly fuel cells. Xcellsis is the new name for dbb Fuel Cell Engines GmbH. The ownership […]
MGE UPS Systems (Costa Mesa, CA) recently announced the next-generation Pulsar Ellipse UPS line, which offers backup power for PCs and workstations...
Tripp Lite (Chicago, IL) has recently increased power ratings on several of its OmniSmart UPS Systems. These devices are designed to protect servers, workstations and POS systems with battery backup, surge suppression and voltage regulation. The UPS systems provide line-interactive protection, and are designed to allow users to work through brown-outs uninterrupted, without draining their […]