Energy Conversion Devices Inc. (ECD, Rochester Hills, MI) announced its operating results for the second quarter ended December 31, 2001. Revenues increased 77 percent to $26,745,000, compared to $15,088,000 in the second quarter last year. The company's net loss was $4,317,000, compared to $716,000 in the same quarter last year. On a per-share basis, the […]
Catalytica Energy Systems Inc. (Mountain View, CA) reported financial results for the fourth quarter and year ended December 31, 2001. Net loss for the fourth quarter was $7,133,000 on revenues of $688,000, compared with a net loss of $7,384,000 on revenues of $1,598,000 in the same period of the prior year. For the year ended […]
Exide Technologies (Princeton, NJ) announced that its common stock will be de-listed from the New York Stock Exchange, with the last full day of trading expected on Thursday, February 14, 2002. On Friday, February 15, the company expects its shares to be quoted on the OTC Bulletin Board. The company said that it will notify […]
EMCORE Corp. (Somerset, NJ) announced that it has reached an agreement to acquire certain assets of the Applied Solar Division business of Tecstar Inc. (City of Industry, CA). The transaction will make EMCORE the world's largest independent solar panel integrator. Under the terms of the agreement EMCORE will pay $21.0 million for the solar cell […]
The board of BP plc (UK) announced that W. Douglas Ford, chief executive downstream, will step down from the board on March 31, 2002. Ford joined the board of BP in January 2000. Prior to the merger, he was executive vice president of Amoco Corp. Ford's board responsibility for downstream will be assumed by Rodney […]
Several former senior executives of Enron Corp. (Houston, TX) have launched a new company that will be involved in solar photovoltaics, wind and green energy. The new company, Celeren Corp., will provide independent power generation and risk management energy services for smaller companies that have significant business growth opportunity, but which are overlooked by large […]
The power output from solar cells may increase from a breakthrough in the use of carbon nanotubes. Researchers from Britain's Cambridge University...
Siemens Solar Industries LP (Camarillo, CA) and PowerLight Corp. (Berkeley, CA) announced the formation of a strategic alliance to manufacture PowerLight's PowerGuard solar photovoltaic roof tiles in Chatsworth, CA. Under the new agreement, Siemens Solar and PowerLight have established a specialized manufacturing line at a Siemens Solar module manufacturing facility in Chatsworth. This production line […]
Iowa Thin Film Technologies (Ames, IA) launched its full line of Soltronix solar-powered consumer electronics. Soltronix combines electronics with the PowerFilm portable power system, a patented thin-film solar module developed from NASA spin-off technology. Soltronix is ultra-light, flexible, durable and avoids the need for battery changes. PowerFilm modules are based on amorphous silicon technology applied […]
AstroPower Inc. (Newark, DE) announced that its solar-electric power products have been installed to power two self-sufficient business complexes in the United Kingdom. The buildings each feature a 13.2kW APex solar power array. The combined system is predicted to produce 23MWh of electricity per year. Each array comprises 110 modules, which incorporate AstroPower's 8in APex […]
The 2002 Tour de Sol: The Great American Green Transportation Festival, sponsored by the Northeast Sustainable Energy Association (NESEA, Greenfield, MA), will be held May 12 through May 18, 2002, during National Transportation Week in Washington, DC; Philadelphia; Trenton; New York City; and Annapolis. Six free festivals will be held in the Northeast that feature […]
AstroPower Inc. (Newark, DE) announced an agreement with Standard Pacific (San Diego, CA) to make solar-electric power a standard feature in Standard...
New Energy Corp. (Kaysville, UT) announced that it has entered into an energy purchase agreement with Andrew Martin Co. Inc. (Carson, CA) to provide high-concentrate photovoltaic (HCPV) solar energy for a 10-year term. The contract includes a 220kW HPCV generator system, to be delivered by the third quarter of 2002. John McDonald, president and director […]
Ansoft Corp. (Pittsburgh) announced its 64-bit technology solution compatible with Sun Microsystems Inc.'s Solaris operating environment (OE), which is designed to meet customer demand for microwave and antenna systems and ultra-high-speed packaging and chip designs, Ansoft's 64-bit solution for the Solaris OE will provide simulation-software users with the ability to run extremely large models on […]
New Energy Corp. (Kaysville, UT) announced that it has contracted with Teixeira Farms Inc. (Santa Maria, CA) to provide the company with high-concentrate photovoltaic (HCPV) solar energy for a period of 10 years. The contract includes four 1MW HPCV generators, to be delivered by the third quarter of 2002. John McDonald, president and director of […]