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April 26, 2005

Magnetek Reorganization Centers on Alternative Energy Products

MAG_logo.gifMagnetek Inc. (MAG) announced a reorganization of the Company's operating structure to accelerate growth in alternative energy markets. "Alternative energy products currently account for less than 5% of our quarter-billion-dollar annual revenue," said Magnetek chief executive Andrew Galef. "But that revenue has the potential to increase exponentially over the next few years, based on double-digit growth rates in alternative energy markets and proprietary power conversion products that we are now introducing for solar and wind power markets." [ more ]

Pacific Fuel Cell Corp. Announces Acquisition of Intellectual Property for Prototype

Pacific Fuel Cell Corp (PFCE) announced that it has acquired certain rights to a new Carbon Nanotube Membrane Electrode Assembly (MEA) for hydrogen and methanol fuel cells and has filed a provisional patent application in the name of the co-inventors. This new technology uses 75% less platinum while significantly exceeding the performance of current state of the art MEA's for direct methanol fuel cells. [ more ]

Hydrogenics and PEI Energy Corporation Partner to Develop Prince Edward Island Wind-Hydrogen Village Project

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Hydrogenics Corp (HYGS) announced that Hydrogenics and Prince Edward Island Energy Corporation will lead a consortium of industry and government partners to develop Canada's first wind-hydrogen village demonstration - the Prince Edward Island (PEI) Wind-Hydrogen Village Project. This multi-faceted initiative will demonstrate, in real-life and in real-time, how wind energy and hydrogen technologies can work together to offer clean and sustainable energy solutions across a wide range of applications. [ more ]

April 21, 2005

Arotech's Battery and Power Systems Division Receives Follow-on Micro Air Vehicle - MAV - Contract from Israeli Defense Agency

artx_logo.gifArotech Corporation (ARTX) announced that its Electric Fuel subsidiary has received a follow-on contract from an Israeli security agency for its new generation zinc-air batteries. Under the terms of the contract, Arotech's Electric Fuel subsidiary will continue to develop prototype zinc-air cells to achieve extended flight times for Micro Aerial Vehicles (MAVs).

Electric Fuel's cutting-edge zinc-air cells for MAVs are high-power, lightweight versions of its most advanced zinc-air cells. The Company has already demonstrated that its zinc air batteries extend the mission duration of these reconnaissance aircraft. [ more ]

April 19, 2005

Universal Communication Systems, Inc.'s Wholly Owned Subsidiary Solar Style, Inc. Announces May Launch for Its Complete Range of New "PV Solar Chargers" for the Global Consumer Electronics Market

Universal Communication Systems Inc (UCSY) announced that the company will launch its new complete range of Patented PV Solar Chargers for the consumer electronics market in May. The new products are all fitted with new exclusively developed "Battery On Board" (BOB) technology, enabling the consumer to apply "charging" to his/her electronic device 24 hours per day, all year round. The entire range of our products is designed to operate both in sunlight, and indoors. [ more ]

UQM Technologies Announces Hybrid Electric Shuttle Bus Powered by a UQM(R) Propulsion System and Generator Under Test by Tier One Automotive Supplier

UQM_logo.gifUnique Mobility Inc (UQM) is testing a hybrid electric StarTrans Senator Series shuttle bus converted by Transportation Techniques, LLC ("TransTeq") and powered by a UQM® permanent magnet propulsion system and generator. The UQM® propulsion system has been integrated into the driveline on a Ford E450 chassis manufactured by the Tier one automotive supplier to enhance the vehicle's power delivery, performance and fuel efficiency. [ more ]

European Office of Capstone Turbine Receives 3.2 MW of MicroTurbine Follow-On Orders from Russia and Italy

Capstone Turbine Corp (CPST) announced follow-on orders from distributors in Italy and in Russia amounting to 3.2 megawatts of its 60-kW microturbine products.

Capstone's distributor in Russia, BPC Energy (www.capstone.ru), has issued an order for 1.8 megawatts of self-starting, stand-alone microturbine power systems to be deployed at a prestigious ski resort near St. Petersburg. The microturbines will be the sole source of power and heat for a luxury hotel and other facilities of the remote, off-grid resort. The array is anticipated to be online later this year in time for the ski resort's high season. [ more ]

April 13, 2005

Hybrid Technologies and the California Highway Patrol 'CHP' to Showcase Hybrid's Lithium Powered Chopper in Historic Event Across California

Hybrid Technologies Inc. (HYBT) is proud to announce that the historic CHP memorial chopper powered by the Hybrid Technologies Lithium system will be presented to media and the public in a ceremonial CHP ride across California. The initial press conference will be held in Los Angeles, California and is part of a CHP and CAHP weeklong event surrounding graduation and memorial services for the legendary California Highway Patrol. [ more ]

Millennium Cell Awarded Five-Year, $3 Million Contract from U.S. Department of Energy

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Millennium Cell Inc (MCEL) announced today that it has executed a Cooperative Research Agreement with the U.S. Department of Energy (DOE) as part of Center of Excellence for Chemical Hydrogen Storage. Total funding to Millennium Cell will be $3 million over a five-year period. With the receipt of this funding, the Company has begun its collaboration with Pacific Northwest National Lab to develop hydrogen generation systems that meet the DOE's hydrogen storage efficiency targets. As part of this program, the Company is also working with Los Alamos National Lab, Rohm and Haas and others to evaluate lower cost sodium borohydride manufacturing methods. Millennium Cell's objective for this program is to develop cost-effective, energy-efficient hydrogen storage systems that will enable longer-term markets for the Company's technology. [ more ]

Spire Corporation Receives Nasdaq Notification

Spire Corp (SPIR) received a Nasdaq Staff Determination indicating that the Company is no longer in compliance with the $10,000,000 minimum stockholders' equity requirement for continued listing set forth in Nasdaq Marketplace Rule 4450(a)(3), and that its common stock is, therefore, subject to delisting from the Nasdaq National Market. [ more ]

While this type of event is never a good thing, it certainly doesn't ring the death of this stock. They will just start trading OTC.

Green Energy Resources Plans Expansion

Green Energy Resources, Inc. (GRGR) announced plans for expansion. The company plans to sell upwards of 50 million tons of wood biomass to the utility industry for cofiring. Cofiring is an environmentally friendly application of mixing wood biomass with coal to reduce harmful green house gases. Coal powered generation accounts for 51 % of American electric power. The potential market is in excess of 250 million tons annually and valued over $12 billion dollars. The Federal EPA Air rules effective last month,favor cofiring as the most viable and cost effective option for the utility industry. The company plans to add at least five new representatives to liason with the coal and utility industries. [ more ]

SiliconBeat interviews Jadoo Power Systems

SiliconBeat.com caught up with Jadoo's chief executive, Larry Bawden, last week who said Jadoo is one of the few companies actually shipping hydrogen-converting fuel cell technology to customers. [ more ]

It is good to see that VC's are starting to put some capital in the AltE marketplace.

April 11, 2005

G7 Rumors and Speculation

There are several newsletter editors that are floating the idea that the next G7 conference will have some significant announcements concern the requirement for its members to use alternative energy. The next scheduled meeting is on Friday with a meeting of the G7 finance ministers and central bankers. I doubt anything will be announced at this time.

But any announcement by the G7 concerning alternative energy will help to propel the AltE stocks.

U.S. Army Unveils MP HYBRID Vehicle Platform at SAE 2005 World Congress

qtww_logo.gifThe U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC)'s National Automotive Center (NAC), in conjunction with Quantum Fuel Systems Technologies Worldwide Inc (QTWW) and California Motors LLC, today unveiled the MP Hybrid vehicle platform at the Society of Automotive Engineers (SAE) 2005 World Congress. The MP Hybrid is a modular, easily configurable light duty vehicle platform designed to support a variety of homeland defense, military and commercial missions. This dual use military/commercial platform will reduce overall costs by providing a common base system and maximum commonality of other non-automotive components required to meet mission needs. [ more ]

Advanced Solar Energy System to Provide Nearly 50% of Power for NY Science Center

Northern Power Systems, a subsidiary of Distributed Energy Systems Corp (DESC), has received a grant from the New York State Energy Research and Development Authority (NYSERDA) to construct and install a state-of-the-art photovoltaic (solar) energy system at the Black Rock Forest Consortium's Center for Science and Education in Cornwall, New York.

The building that will incorporate Northern's solar energy system is both a cutting-edge research center and a sustainable energy facility, utilizing technologies such as self-composting toilets, solar radiation, and geothermal heating and cooling systems. The site also has a sophisticated data acquisition system in place for research and educational purposes. [ more ]

April 06, 2005

Spire to Provide Hyundai Heavy Industries with a PV Module Manufacturing Line

Spire Corp (SPIR) announced that it has entered into a contract to provide Hyundai Heavy Industries Co., Ltd. (HHI), of Ulsan, Korea, a multi-megawatt turnkey photovoltaic (PV) module assembly line. The line is scheduled to be delivered during the Spring of 2005.

Spire's advanced PV module manufacturing equipment and process technology will enable HHI to manufacture state-of-the-art PV modules from solar cells to address the growing Korean and Asian solar PV market. [ more ]

Arotech Receives Additional Research Funding of $650,000 from U.S. Army

artx_logo.gifArotech Corporation (ARTX) announced that its Battery and Power Systems division has received additional funding from the U.S. Army's Communications and Electronics Command, CECOM, for further development of its 4th generation (Gen4) zinc-air cells.
The funding covers Phase II of a three-phased research and development program for Gen4 Zinc-Air Cells aimed at the Future Force Warrior project - the U.S. Army's flagship Science and Technology initiative to develop and demonstrate revolutionary capabilities for Future Force soldier systems. Arotech's Gen4 portable battery pack is 12 or 24 Volts and has a total capacity exceeding 400Wh with Battery Energy Density above 300Wh/kg. The second phase of the program will focus on the development of a pilot production capability. [ more ]

New Investment Report Highlights $360-Million Market for Power Grid Frequency Regulation Services in the U.S.

The market for grid frequency regulation services open to new service providers in the United States in 2004 was valued at nearly $360 million - and is expected to increase in 2005 - according to a Technology Brief issued today by Ardour Capital Investments, LLC. Frequency regulation is the target market for Beacon Power Corp (BCON) Smart Energy Matrix flywheel energy storage system, two demonstration systems of which are being built under contract to the California Energy Commission (CEC) and the New York State Energy Research and Development Authority (NYSERDA). The Technology Brief is available online at www.ardourcapital.com, under "Ardour's Energy Tech Updates." [ more ]

FPL Energy Announces New Wind Farm in Texas

fpl_logo.gifFPL Group Inc (FPL) announced it will build, own and operate a new wind farm in Texas, the Horse Hollow Wind Energy Center, to be located in Taylor County, Texas.

The 220.5-megawatt Horse Hollow Wind Energy Center will be comprised of 147 1.5-megawatt wind turbines spread over a 22,500 acre site approximately 15 miles southwest of Abilene. Initial site work on the project is underway with full-scale construction expected to begin in the next few weeks and be completed no later than December 2005. [ more ]

April 04, 2005

'Power Engineering' Magazine Reports On-Site Hydrogen Units Cool Generators Better, Producing Large Cost Savings

prtn_logo.gifDistributed Energy Systems Corp (DESC) is highlighted in the current issue of Power Engineering, a leading electric utility industry publication. The article, entitled, "On- Site Hydrogen Production Means More Than Convenience," gives background on the efficiencies and cost savings that are driving growing power plant industry acceptance of Proton's HOGEN® Proton Exchange Membrane system for on-site hydrogen generation. [ more ]

Intrepid Receives Clean Air Exemption

intrepid_logo.gifIntrepid Technology and Resources, Inc. (IESV) announces that the Idaho Department of Environmental Quality has provided written concurrence that the Whitesides Biogas Facility meets the permit to construct exemption requirements of Idaho rules for the control of air pollution. Intrepid submitted an exemption request based on calculations and modeling of air emissions for the plant. To the company's knowledge, no other dairy digester system has produced the emissions modeling to receive an exemption. Two compounds of sulfur in digester emissions, hydrogen sulfide and sulfur dioxide, are regulated under the Clean Air Act. The Whitesides Biogas facility has sulfur removal equipment that provides a competitive edge in an area where emissions, and compliance to clean air requirements, is a growing concern. Future, larger digester projects may require an air permit, but the groundwork established in the DEQ review of the Whitesides data will aid the company in the preparation of those permits. [ more ]


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