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 […]
Capstone Turbine Corp. (Chatsworth, CA), a microturbine power systems manufacturer, reported that third-party companies have recently expressed interest in taking over the company due to an a stockholder rights plan, adopted by the board, to ensure equal treatment in the event of a takeover attempt. It said its goal is not to prevent an acquisition, […]
SMA America (Grass Valley, CA) announced the Underwriters Laboratories Inc. (UL) approval of its Sunny Boy 1,100W grid-tie inverter. The UL approval comes on the heels of UL's recent approval of SMA's Sunny Boy 700. SMA now offers the Sunny Boy in 700W, 1,100W, 1,800W and 2,500W inverters for solar-electric photovoltaic installations. All units offer […]
NTT DoCoMo Inc. (Tokyo, Japan), a mobile communications company, announced that it has boosted the life of a fuel cell battery for mobile telephones to eight hours. NTT DoCoMo unveiled the battery in September, which generates power through methanol, billed as less expensive and longer-lasting than conventional lithium-ion batteries. NTT DoCoMo and Fujitsu Laboratories Ltd. […]
Pyron Solar Inc. (San Diego, CA) unveiled its Pyron Solar Electric Generator, a clean, affordable energy source that is able to produce...
Honda Motor Corp. (Japan) reported that its next-generation, environmentally friendly, FCX fuel cell car has been leased to a family in Los...
ITM Power plc (UK), a developer of fuel cell technologies for the hydrogen economy, announced preliminary results for the year ended April...
ITM Power plc (UK), a developer of fuel cell technologies for the hydrogen economy, announced that it has successfully demonstrated an alkaline...
DayStar Technologies Inc. (Halfmoon, NY), a developer of photovoltaic products, announced receipt of a $250,000 payment from the New York State Energy Research and Development Authority (NYSERDA) for completing facility development, meeting equipment installation requirements, and satisfying New York State regulatory approvals for phase one and phase two of Program Opportunity Notice (PON) 827, previously […]
Wind developer ACCIONA Energía SA (Spain), through its renewables subsidiary EHN, announced that it has opened the largest windfarm in Catalonia with an investment of €50 million. The 33 turbines provide a total capacity of 50 MW, and the annual output of 105,000,000 kWh is sufficient for 30,000 homes. The Rubió facility will displace the […]
Hybrid Technologies Inc. (Berkeley, CA), a developer of lithium-powered products, in a joint venture with the University of California, Berkeley, School of...
Evergreen Solar Inc. (Marlboro, MA), a developer of photovoltaic (PV) products, announced that the initial purchasers of its recent offering of $75 million aggregate principal amount of 4.375% convertible subordinated notes due 2012 have exercised in full the option to purchase an additional $15 million aggregate principal amount of such notes. The initial purchasers' exercise […]
Evergreen Solar Inc. (Marlboro, MA), a developer of photovoltaic (PV) products, announced the pricing of its offering of $75 million aggregate principal amount of convertible subordinated notes due 2012 in a private placement to qualified institutional buyers. The notes will bear interest at a rate of 4.375% per year and will be subordinated to all […]
Progress Energy Florida (Homosassa Springs, FL), along with partners from the Florida Department of Environmental Protection (DEP) and Hydrogenics Corp. (Toronto, Canada), a manufacturer of fuel cell technology, unveiled a sustainable hydrogen generator and fuel cell at the Homosassa Springs Wildlife State Park. The DEP and Progress Energy jointly funded the project, and Hydrogenics provided […]
Ballard Power Systems Inc. (Vancouver, BC, Canada) announced that its Vehicular Alliance partners, DaimlerChrysler AG (Stuttgart, Germany) and Ford Motor Co. (Dearborn, MI), have signed an agreement for the previously announced sale of Ballard's German subsidiary, Ballard Power Systems AG (BPSAG), to DaimlerChrysler and Ford. The transaction is subject to approval by Ballard's shareholders at […]