Millennium Cell Inc. announced that it has been awarded a contract with the U.S. Air Force Research Laboratory ("AFRL") to develop with its partner Jadoo Power a 300W power system that provides 12 hours of runtime for use as a long endurance power supply for U.S. Air Force aeromedical evacuation flights. The combination of Jadoo […]
Protonex Technology Corp. announced that it has entered into an agreement to acquire Mesoscopic Devices, a company specializing in solid oxide fuel cell (SOFC) technology, fuel reforming, and desulfurization systems, for a total consideration of $12.4 million, of which approximately $3.2 million is payable in cash and the balance in new common shares in Protonex. […]
United Microelectronics Corp. (UMC) announced that it has decided to enter into the rapidly growing solar cell market and Ulvac Inc. will provide the firm with thin film solar cell production facilities and technical support. To launch the photovoltaic business, UMC established NexPower Technology Corp. in November 2005 with NT$800 million (about US$24 million). "Today’s […]
Gaia Power Technologies announced a partnership with Southern California Edison (SCE) and the California Energy Commission (CEC) designed to maximize the value of residential solar systems in California. The recent passage of the California Solar Initiative is expected to drive an increase in photovoltaic (PV) installations across SCE’s service territory, offering an opportunity to increase […]
SatCon Technology Corp. announced its operating results for the quarter and year ended December 31, 2006. Revenues for the year ended December 31, 2006 were comparable to prior year revenues of $33.8 million. Revenues in the Stationary Power Systems business grew 44% to $14.2 million with an increase in alternative energy products of 74% to […]
Hydro has entered into an agreement to invest USD 9.2 million in the American solar energy company Ascent Solar Technologies, Inc., which...
General Electric announced that that it has received an $8.1 million grant from the U.S. Department of Energy that will enable the company to speed up its solar energy research program. The grant is part of President Bush’s Solar America Initiative. Government officials visited GE’s solar manufacturing facility in Delaware to discuss the future of […]
SatCon Technology Corp.® announced that it has entered into a memorandum of understanding (MOU) with International Master Technologies I+Tec (IMT) to establish a local presence in Spain, expanding into the growing European market. IMT is a Spanish corporation specializing in energy solutions utilizing advanced technology. ITM represents several large multi-national corporations, including a large USA […]
Ceramic Fuel Cells Ltd. (CFCL) has signed a new product development agreement with EWE, one of Germany’s top five energy suppliers, and Bruns Heiztechnik GmbH (Bruns), a specialist German boiler manufacturer. The project partners will design and develop a fully integrated m-CHP unit for the German residential market. CFCL received an initial order for its […]
The Sacramento Municipal Utility District (SMUD) and residential developer Lennar Homes have signed an agreement that represents what they claim is the largest solar new homes partnership in the United States, and significantly eclipses any utility’s previous solar and high efficiency agreements with homebuilders. The agreement will bring more than 1,200 super-efficient solar homes to […]
Ligitek Electronics Co. Ltd. , an LED (light emitting diode) lamp maker in Taiwan, announced that it plans to spin off its solar power unit into a new firm, capitalized at NT$100 million (USD$3 million). "They are two different products. We’re just making an organization adjustment," said Roches Chen, Director at Ligitek’s Financial Department.
Voller Energy Group PLC announced that the company has achieved another milestone towards the commercialization of their 1kW class auxiliary power units (APU’s) running from standard Calor Gas, propane or liquefied petroleum gas (LPG). Voller engineers claim to have now successfully assembled and demonstrated the operation of a complete and totally self-contained prototype fuel cell […]
Plug Power Inc. announced execution of a definitive agreement to acquire Cellex Power Products Inc.. Plug Power and Cellex Power, a private Canadian company, have signed a definitive stock purchase agreement and expect to complete the acquisition in April. Plug Power intends to continue Cellex Power’s current operations in Richmond, near Vancouver, British Columbia, upon […]
Xantrex Technology Inc. announced that it has entered into an agreement to form a joint venture with Shanghai Power Transmission & Distribution Co., Ltd., a member of Shanghai Electric Group to design, manufacture and sell solar and wind power electronics products exclusively for the renewable energy market in China from a facility to be built […]
Several recent stories highlight the growing realization among corporations and policymakers in the United States and Canada that the development of photovoltaic (PV) energy is essential for energy policy. Whether the solar "enlightenment" is dawning as a result of the economic analysis of the rising costs of other energy sources, or due to concerns over […]