Power-One Inc. (Camarillo, CA) announced that total revenues for the second quarter ending July 2, 2000, increased 120 percent to $113.8 million, compared to $51.7 million for the same quarter in 1999. Results for 2000 also include Powec AS (Norway) for May and June.Cash earnings per share, or earnings before amortization of intangibles expense and […]
FuelCell Energy Inc. (Danbury, CT) announced it has broken ground on its new manufacturing facility in Torrington to meet demand for its Direct FuelCell (DFC) power plants. The 65,000-square foot facility will allow for the expansion of manufacturing capacity of power plants to 50MW annually in 2001, ramping up to an anticipated annual production capacity […]
Ingram Micro France (France) has been named an authorized distributor of new IBM UPS Systems from Tripp Lite (Chicago, IL). Ingram Micro France has added eight new UPS systems to its power protection inventory under the product line names IBM Office Professional, IBM Office Professional AVR and IBM Network Professional UPS Systems.IBM UPS Systems, manufactured […]
Dallas Semiconductor (Dallas, TX) announced that its board of directors has declared a quarterly cash dividend of $0.0325 on each outstanding share of its common stock, payable on Sept. 1, 2000, to holders of record on Aug. 15, 2000.
Electric Auto Corp. (EAC, Fort Lauderdale, FL) has announced that Professor T. Nejat Veziroglu, director of the Clean Energy Research Institute of the University of Miami (Miami, FL) and editor-in-chief of the monthly scientific journal, International Journal of Hydrogen Energy, has joined EAC as vice president of hydrogen and fuel cell development. According to EAC, […]
PowerCache (San Diego, CA), a Maxwell Technologies (San Diego, CA) company, announced the availability of the PC10, a miniature, 10-farad ultracapacitor. The...
The external communications power supply market is being driven primarily by -48V rectifier and VRLA battery sales, but "new equipment in unfamiliar places" is behind the growth of emerging communications segments. This trend and more are discussed in the new Darnell Group report, Global Communications Power: Market Forecasts, Emerging Technologies and Competitive Analysis. This nearly […]
IFX Power (UK) announced the successful completion of its placing and admission to the official list of the UK Listing Authority. Currently, IFX Power consists of two trading subsidiaries, XP Plc (Pangbourne, England), a supplier of standard, modified-standard and custom power supplies with particular focus on standard and modified-standard products, and ForeSight (Sunnyvale, CA), a […]
American Superconductor Corp. (Westborough, MA) and Rockwell Automation, an operating unit of Rockwell International Corporation (Milwaukee, WI), announced the successful operation of the world's first 1,000hp high-temperature superconducting (HTS) motor. This new motor was designed to utilize HTS wires instead of copper wires on the rotating shaft of the motor. American Superconductor studies indicate the […]
Plug Power Inc. (Latham, NY) announced that John G. Rice will assume the position previously held by Robert L. Nardelli on Plug Power's board of directors, effective July 17, 2000. Rice was appointed executive vice president and COO of GE Power Systems in June. "In addition to his duties as COO, Mr. Rice has assumed […]
FuelCell Energy Inc. (Danbury, CT) has been added to the Frank Russell Co.'s Russell 3000 Index, effective July 1, 2000. The index measures the performance of the 3,000 largest US companies based on market capitalization. More than $84.0 billion under management is indexed to the Russell 3000. "We remain focused on enhancing shareholder value as […]
Catalytica Combustion Systems Inc. (Mountain View, CA), a subsidiary of Catalytica Inc. (Mountain View, CA), has been awarded $1.6 million by the US Department of Energy (Washington, DC) to help fund research and development of durable, cost-effective, low-emissions technologies for small gas turbines used in distributed power generation. The project will focus on catalyst life […]
SoftSwitching Technologies Corp. (SST, Madison, WI) announced that it has closed a second round of funding totaling $6.18 million. Among those participating in the funding are the Beacon Group Energy Investment Fund II, L.P., and Venture Investors Early Stage Fund II, L.P."The financial backing of a premier investment group such as Beacon, and the strong […]
General Semiconductor Inc. (Melville, NY) has expanded its Ultrafast rectifier product line to include surface-mount MURS 160 and axial MUR460 and MUR160. General Semiconductor claims that the new MUR/MURS Series incorporates a chip design and process that results in improved reverse-switching characteristics, higher reverse-surge capability and better electrostatic discharge-withstanding ability. The Ultrafast products are used […]
Electric Power Supply Association (EPSA, Washington D.C.) announced today that Lynne H. Church has been named president of the national trade organization.Church will continue to be responsible for the overall day-to-day management of the association, including legislative affairs, regulatory policy development and public affairs. She will also continue to serve as a member of the […]