Monthly Archives: June 2005

Ballard Signs Agreement to Sell German Subsidiary to DaimlerChrysler and Ford

Ballard Power (BLDP), DaimlerChrysler AG, ("DaimlerChrysler") and Ford Motor Company ("Ford") have signed an agreement for the previously announced sale of Ballard's German subsidiary, Ballard Power Systems AG ("BPSAG"), to DaimlerChrysler and Ford. This deal will give Ballaard some much needed cash and will allow them to focus on research and fuel cell development.

Nevada Geothermal Begins Mapping of Deep Geothermal Source Waters at Pumpernickel Site

Nevada Geothermal Power Inc. (NGLPF) reported that exploration work at the Pumpernickel Geothermal Project (5710 acres/8.92 square miles) is underway. In Phase I - 3D "E-SCAN", resistivity survey methods will be utilized to map the deep geothermal source waters feeding surface hot springs. Results are expected in four weeks. Subsequently a series of six 250-meter (820 foot) gradient wells will be drilled to test the interpretation of the E-SCAN survey.

FuelCell Energy ‘Ultra-Clean’ Power Plant Selected to Improve Security, Reliability and Power Flexibility for...

Fuelcell Energy Inc (FCEL) announced the sale of a 250-kilowatt DFC300MA(TM) power plant to improve availability of reliable electricity to help a U.S. training center meet security requirements and cope with fluctuating power needs that can triple from one season to the next. The U.S. Marine Corps Air Ground Combat Center (MCAGCC), at Twentynine Palms, Calif., provides year-round instruction to ensure continued readiness of trainees from all branches of the armed forces.

SatCon delivers HEV Components for Azure Dynamics built Hybrid Electric Vehicle

SatCon Technology Corporation (SATC) announced that its first deliveries of its new line of hybrid electric auxiliary components have been incorporated into Azure Dynamics Corporation's (TSX: AZD, AIM: ADC) electric and hybrid electric vehicles ("HEVs").

Universal Communication Systems, Inc. Subsidiary Millennium Electric TOU Ltd. Secures New Orders for up...

Universal Communication Systems Inc (UCSY) announced the execution of a new agreement with HELIOCOL (US). (www.Heliocol.com), granting them distribution rights for the US market for our unique range of Millennium Brand PV Solar Panels and related products. In addition, the agreement calls for HELIOCOL to purchase up to 200KW this year and 500kw early next year, for up to $2.5 million in value of PV Solar Energy Panels for the US market. This new export order is once again a major endorsement of the high quality of our Millennium Brand PV Solar Energy Panels.

Plug Power Announces Sale of 12 GenCore(R) Fuel Cell Systems to Florida Department of...

Plug Power Inc (PLUG) announced the sale of twelve GenCore® backup fuel cell systems to the Florida Department of Environmental Protection (DEP). The 5kW hydrogen-fueled GenCore fuel cell systems will be integrated with uninterruptible power supply (UPS) equipment to provide critical backup power to DEP offices throughout the state of Florida. Plug Power was chosen for its ability to deliver a total fuel cell system solution that includes training, service, hydrogen delivery, and a system durable enough to endure extreme weather conditions.

Environmental Power Corporation Unveils Superior Anaerobic Digester Technology

Environmental Power Corp (EPG) is formally commissioning the first of its electricity generating anaerobic digester systems. This facility has been designed and constructed by Microgy, Inc., Environmental Power's principal operating subsidiary. The facility is believed by Microgy to produce substantially more electricity from a given quantity of animal and organic wastes than any other anaerobic digester system built for commercial purposes in the United States.

Intrepid Signs 15 Year Supply Agreement With Intermountain Gas

Intrepid Technology and Resources, Inc. (IESV) announced the signing of a memorandum of understanding that includes purchasing ITR's planned methane produced natural gas using anaerobic digester technology at participating diaries in southern Idaho. The agreement runs for 15 years and provides for Intermountain to purchase all of the pipeline quality methane gas produced by the digesters and delivered to the Intermountain distribution system by ITR over the life of the contract. Furthermore, Intermountain will provide assistance for the installation, operation and maintenance of the gas gathering system that will collect and transport the gas produced by the participating...

Evergreen Solar Added to the Russell 2000 and Russell 3000 Indexes

Evergreen Solar Inc (ESLR) announced that the Company is scheduled to join the Russell 2000® and Russell 3000® indexes. The newly reconstituted Russell indexes will become effective at the close of the U.S. markets on June 24, 2005.

Capstone’s New York Office Books 2.4 MW of MicroTurbine Orders

Capstone Turbine Corp (CPTC) received orders for 2.4 megawatts of its 60-kilowatt microturbine systems from the company's Brooklyn sales and service office for customers in New York and New Jersey. These most recent orders are direct sales for Capstone, which will supply, commission and service the systems destined for several locations in the New York and New Jersey region. These units will fulfill various application requirements such as baseload power for daily energy cost reduction, combined heat and power (CHP), back-up power, direct exhaust for food processing and high-pressure steam generation.

FuelCell Energy Dedicates Manhattan’s First High Temperature Fuel Cell at Starwood’s Sheraton New York...

Fuelcell Energy Inc (FCEL) dedicated a DFC300A power plant to provide electricity and hot water for the Sheraton brand's flagship property of Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT - News), part of Starwood's commitment to green energy practices. The environmentally-friendly 250-kilowatt Direct FuelCell® (DFC®) power plant will provide approximately 10 percent of the hotel's electricity and hot water and supply back-up electricity for a segment of the 1,750-room Sheraton New York Hotel & Towers in midtown Manhattan.

Hydrogenics Supplying Fuel Cell Power Modules for American Power Conversion’s New InfraStruXure’TM’ with Integrated...

Hydrogenics Corp (HYGS) announced it is supplying fuel cell power modules to American Power Conversion Corporation (APCC), a leading global supplier of high availability systems for network-critical physical infrastructure (NCPI), for its new InfraStruXure(TM) with Integrated Fuel Cells System.

DayStar Technologies Announces First Sales Agreement of Photovoltaic Foil(TM) to Blitzstrom, GmbH

DayStar Technologies Inc (DSTI) announced the signing of a purchase agreement with Blitzstrom, GmbH for Blitzstrom's purchase of DayStar's exclusive TerraFoil(TM) solar cells. Contingent on DayStar's ramp-up of its production capacity, the agreement calls for monthly delivery of TerraFoil(TM) escalating in volume through the end of 2008 with price based on a variable market- competitive pricing mechanism.

US Geothermal shares to begin trading on the Over-The-Counter Bulletin Board of the NASD

US Geothermal Inc. (UGTH) announced today that the company has met requirements for a listing on the OTC Bulletin Board, as confirmed by J Giordano Securities Group of New York City, market maker for the company's securities. US Geothermal holds the rights to approximately six and one-half square miles, which comprise the Raft River project development in Southeastern Idaho, a geothermal reservoir that was a former US Department of Energy geothermal research facility.

Beacon Power Delivers Flywheel-Based Power System to Bechtel Bettis, Inc.

Beacon Power Corp (BCON) announced that it has delivered a flywheel-based power system to Bechtel Bettis, Inc., under a contract that it announced in March 2005. The demonstration system, built using a Smart Energy 6 flywheel, is designed to provide a high cycle-life, reliable source of stored energy for a number of potential applications. "This system we've delivered to Bechtel Bettis is an example of our strategy to address additional market opportunities beyond our primary business focus of providing advanced technology solutions for electric power systems," said Bill Capp, Beacon Power president and CEO. "We continue to seek...

Major Solar Power System to Be Implemented at Timberland’s California Distribution Center

Distributed Energy Systems Corp (DESC) announced that it has entered into an agreement to design, engineer and construct a 400 kW solar power system at Timberland's 429,000 square-foot Ontario distribution center in Southern California. The 401.8 kW photovoltaic (PV) system will be installed on a new "TruckPort" steel mounting structure next to Timberland's warehouse, leveraging an unused area of the facility's truck yard by providing storage space for the facility as well as shaded parking for employees. A total of 1,960 PV modules will be mounted on the structure in strings of 14 each. The high-efficiency modules and...