Quantum Fuel Systems Technologies Worldwide Inc. (Irvine, CA), a manufacturer of packaged fuel systems for hydrogen fuel cell and alternative fuel applications, announced that the US Department of Energy (DOE, Washington, DC) has awarded the company phase two of its $2.6 million program for the development and advancement of next-generation hydrogen storage technologies. Quantum and […]
General Electric Co. (Fairfield, CT) reported that its second-quarter earnings jumped 24 percent as profits surged across all 11 of its business units, prompting the company to tighten its full-year forecast. The company reported double-digit profit growth at each of its businesses. The company’s GE Energy unit also returned a profit for the first time […]
The University of California, Los Angeles (UCLA) and DaimlerChrysler AG (Stuttgart, Germany), both long-committed to fuel cell technology, announced that they will combine fuel cell technology and education. With two DaimlerChrysler F-Cell vehicles, UCLA can create awareness and interest in the zero-emission technology within the student body. DaimlerChrysler and UCLA will gain valuable feedback through […]
Ceramic Fuel Cells Ltd. (CFCL, Australia) and Szencorp Group announced that they have signed a contract to install an energy-efficient fuel cell...
Darnell Group Inc. (Corona, CA) announced that it has updated both its Darnell Group website, located at http://www.darnell.com and its PowerPulse website, located at https://www.powerpulse.net. The company’s aim was to make a website with improved layout, more content, and intuitive and simple navigation for its visitors without changing the content. PowerPulse.net remains the web's leading […]
CMR Fuel Cells Ltd. (Cambridge, MA) reported that it has completed a series-B funding round from a syndicate of institutional and individual investors. The amount of funds was not made public, but it will be used to strengthen and accelerate CMR's technical and commercial development. Conduit Ventures Ltd. Principal Daniel Carter, who led the round, […]
Intelligent Energy Holdings plc (UK), a fuel cell technology company, announced that it has secured additional equity financing of up to STG8 million (US$14 million) from Evolution Placements Corp., a company that invests in potential high-growth ventures in the innovation and technology sectors. In addition, Intelligent Energy and Dickie Walker Marine said they have amended […]
Direct Global Power Inc. (DGP, Niskayuna, NY), a photovoltaic (PV) development and technology commercialization company, announced that it has formed a subsidiary,...
GlobeTel Communications Corp. (Fort Lauderdale, FL) announced that its wholly owned subsidiary Sanswire Networks LLC has signed a cooperative research and development agreement with Proton Energy Systems Inc. (Wallingford, CT), a hydrogen generator and regenerative fuel cell company and a subsidiary of Distributed Energy Systems Corp. Pursuant to the agreement, Proton will provide assistance in […]
SiGNa Chemistry LLC (New York, NY) reported that it has come up with a new way to produce hydrogen, which could be...
VRB Power Systems Inc. (Vancouver, BC) announced that it has completed the sale of 14,167,000 special warrants at a price of CAD$0.72 per special warrant, representing gross proceeds of CAD$10,200,240. The financing was led by Sprott Securities Inc., and included Loewen, Ondaatje McCutcheon Ltd. and Fraser Mackenzie Ltd. The special warrants and the underlying common […]
Astris Energi Inc. (Mississauga, ON), a developer of alkaline fuel cell technology, announced that Gary Brandt, formerly Chief Financial Officer of Hydrogenics Corp., has joined the Board of Directors, effective immediately. Brandt is a senior business leader with extensive cross-industry and cross-border experience in alternative energy, telecommunications, and technology. “Gary Brandt is a well-respected industry […]
FuelCell Energy Inc. (FCE, Danbury, CT) and Enbridge Inc. have signed a deal for a new ultra-clean hybrid power unit designed for natural gas pipelines in Canada and the United States. The Direct FuelCell® (DFC®) Energy Recovery Generation power unit provides heat to prevent freezing that can result from pressure reduction, used for local delivery […]
Digital Gas Inc. (Dallas, TX) announced that it will partner with ICCU (the Netherlands) to manufacture and market an advanced ultracapacitor, which can operate over a minimum 30-year lifetime with zero maintenance. The parties will initially operate under the corporate name “Digital Ultracap.” The new, low-cost energy storage device is ready for market this year. […]
HydroGen LLC (Jefferson Hills, PA), a developer of fuel cell systems utilizing air-cooled, phosphoric-acid fuel cell (PAFC) technology, announced that it has completed its exchange transaction with Chiste Corp. and raised $13.5 million of gross proceeds through the sale of equity securities. HydroGen is now a wholly owned subsidiary of Chiste, and the historical business […]