ATS Automation Tooling Systems Inc. reported its financial results for the first quarter of fiscal 2007 (three months ended June 30, 2006). Consolidated earnings from operations were $5.6 million on revenue from continuing operations of $190.9 million, compared to a loss from operations of $1.3 million on revenue of $210.8 million in the fourth quarter […]
Evader, Inc. announced that the first shipments of customer-ordered Evader electric motor scooters will be available in stores by August 15. Initially,...
Mechanical Technology Inc. reported financial results for its second quarter ended June 30, 2006. For the three months ended June 30, 2006, the company reported net loss of $3.222 million, or $(0.10) per diluted share, on revenues of $1.793 million while total cash used during the quarter totaled $0.266 million. Revenues included $1.700 million in […]
Shandong Jindalu Vehicle Co., Ltd., a Chinese auto manufacturer, will export vehicles to the United States via the distribution network of ZAP....
NanoHorizons™ Inc. announced an agreement with Solarity, a newly-formed developer and manufacturer of photovoltaic cells, for the exclusive use of NanoHorizons’ patented solar cell technology. The specific terms of the agreement were not disclosed. The agreement furthers NanoHorizons’ goal of creating shareholder value by developing nanoscale-engineered solutions to real-world challenges. According to the company, solar-generated […]
SFC Smart Fuel Cell announced that steadily increasing demand for EFOY fuel cartridges has necessitated a switch to mass production, resulting in lower prices. Consequently, SFC announced that its 10-liter M10 EFOY fuel cartridge will cost only € 21.99 including tax, a 40% savings. Together with an EFOY fuel cell, the M10 provides 9.1 kWh […]
Suntech Power Holdings Co., Ltd. announced that it has signed a definitive agreement to acquire MSK Corp. in a two-step cash and stock transaction. In the first step of the acquisition, which is expected to close in the third quarter 2006, Suntech will acquire a two-thirds equity interest in MSK for $107 million through a […]
Konarka Technologies, Inc. and Renewable Capital Ltd. announced the licensing and joint development of Konarka’s dye-sensitized solar cell technology for large-scale production. The agreement will further the commercialization of Konarka’s dye cell technology by bringing on large-scale production capabilities. Renewable Capital has committed resources, capital and equipment to their development activities. This includes the enlistment […]
Ballard Power Systems Inc. announced its operating and financial results for the quarter ended June 30, 2006. Ballard’s revenues for the three months ended June 30, 2006 were $15.1 million, compared to $9.0 million for the same period in 2005. During the second quarter of 2006, engineering development revenue increased $4.3 million and product and […]
Advanced Energy Industries, Inc. announced financial results for the second quarter ended June 30, 2006. Sales were $104.6 million for the second quarter of 2006, up 11.3% compared to $94.0 million for the first quarter of 2006, and up 24.2% compared to $84.2 million in the second quarter of 2005. Gross profit was $44.8 million, […]
Modine Manufacturing Co. unveiled a new fuel cell product that is intended to reduce emissions, help the environment, and cut costs for...
Evergreen Solar, Inc. announced financial results for the quarter ended July 1, 2006. Product revenues increased 106% to $22.0 million from $10.7 million in the second quarter of 2005, with EverQ production output contributing approximately $10.7 million of the total revenue. In addition to the positive results for the second quarter, Evergreen Solar signed the […]
BP Solar announced the development of a new silicon growth process that significantly increases cell efficiency over traditional multi-crystalline-based solar cells. The new technique, named Mono2™, enhances BP Solar’s technological position in the silicon growth and wafering arenas where silicon ingots and wafering technology are key to future growth. The company maintains that solar cells […]
XsunX, Inc. issued a mid-year update on its product and business development initiatives. In January, the company launched a development initiative to commercialize a patent pending 4 terminal solar cell design. The design employs thin film transparent cell technology, derived from the company’s Power Glass initiative, with that of a nano-crystalline solar cell. XsunX believes […]
Sustainable Energy Technologies Ltd. announced that it has developed and successfully prototyped a 2.5kW grid-independent inverter which will operate outdoors at full...