Inverpower Controls Ltd. (Toronto, ON) has recently made a number of announcements on repositioning the company to take advantage of its achievements in several power electronics and control products. Inverpower has made recent achievements in conversion systems for alternative energy applications, such as fuel cells, photovoltaic cells and advanced battery-storage systems, and frequency conversion systems […]
Active Power Inc. (Austin, TX) has announced that Mark A. Ascolese, a well-known UPS industry veteran, has joined the company as senior vice president of new business development. Ascolese will focus on advanced technologies, be responsible for establishing further strategic partnerships and developing additional new OEM sales channels. Since 1985, Ascolese has held executive-level positions […]
ALSTOM ESCA (Bellevue, WA) was awarded a contract from Ontario Hydro Services Company (OHSC, Toronto, ON) to provide a transmission network management system. The first phase focuses on the implementation of the network analysis functions and will allow OHSC to be ready for the start of Ontario's open-access electricity market scheduled for November 7, 2000. […]
FuelCell Energy Inc. (Danbury, CT) and King County, WA, jointly announced the signing of an agreement to install a Direct FuelCell (DFC) power plant using municipal waste-water digester gas as the fuel. FuelCell Energy was selected for the project through a competitive process last July to install and operate a 1MW DFC power plant at […]
Texaco Inc. (Detroit, MI) and Energy Conversion Devices Inc. (ECD, Troy, MI) have executed a share purchase agreement for Texaco to purchase a 20-percent equity stake in ECD for $67.3 million. The companies have agreed to establish joint ventures for the continued development and commercialization of advanced energy technologies, initially in the fields of ECD's […]
The new DPU1U Series from Unipower Telecom Corp. (Coral Springs, FL) is claimed to provide the ultimate flexibility in combining fuses, circuit breakers and low-voltage disconnects in a dual A/B panel. The panels are only mounting plate (1.75") high and are equipped with universal brackets that permit mounting in either a 19" or 23" relay […]
International Fuel Cells (IFC, South Windsor, CT), a subsidiary of United Technologies Corp., delivered its 200th PC25 fuel cell system on April 26, 2000, in a ceremony at the company's headquarters. The 200th fuel cell system was formally turned over to Toshiba Corp. (Tokyo), which will use the unit in Japan. Toshiba has also assisted […]
MicroTel International Inc. (Rancho Cucamonga, CA) has announced that XCEL Power Systems Ltd. (UK) has completed the acquisition of the BELIX (UK) group of companies, a specialist electronic power-conversion company. The acquisition will provide greater financial resources to expand into the larger North American market. "The combined entity will have initial annualized revenue in excess […]
Ballard Power Systems (Vancouver, BC) issued its financial results for the first quarter ended March 31, 2000. All amounts reported are in Canadian dollars. Revenues for the first three months of 2000 were $4.0 million compared to $6.5 million in the same period in 1999. Ballard's cash position was $835.6 million at the end of […]
The US Fuel Cell Council (USFCC; Washington) released the second edition of the Fuel Cell Glossary, a comprehensive glossary of fuel cell terms. The glossary is designed to help standardize discussion and evaluation of fuel cells and their components. "This glossary provides a standard set of definitions so that when we are talking about bipolar […]
Lucent Technologies (Murray Hill, NJ) announced it is seeking a buyer for its Power Systems business, a leading supplier of power products for the telecommunications and computer industries. Lucent will begin discussions with potential buyers shortly and expects the sale to move quickly with a buyer identified within six months. "The decision to sell our […]
Ault Inc. (Minneapolis, MN) has announced that it is closing its Gaithersberg, MD, facility and consolidating the sales and engineering functions located there into the company's Minneapolis headquarters operation. The consolidation will be completed in June. Acquired in 1998, the Gaithersberg operation was involved with the company's low-volume, fast turnaround Ault Express line of external […]
Wescon and HighVoltageProducts.Com are joining forces to present the High Voltage Pavilion at WESCON 2000, September 19-21, 2000, at the Anaheim Convention Center in Anaheim, CA. A variety of high-voltage equipment manufacturers will be in attendance.
American Power Conversion Corp. (APC, West Kingston, RI) has exceeded consensus quarterly earnings per share by 35 percent for the quarter ending April 2, 2000. The firm also announced the acquisition of privately held ABL Electronics Corp. (Hunt Valley, MD). APC's net income for the first quarter increased to $7.1 million, or $0.24 per share, […]
NiSource Inc. (Merrillville, IN) announced plans to install the first full-scale test unit of its residential fuel cell energy package in a new housing development in Chesterson, IN. The home's energy-generating system will be a fuel-cell-based package developed by EnergyUSA through its joint venture with the Institute of Gas Technology called MOSAIC Energy LLC. Plans […]