Monthly Archives: February 2006

Ultralife Batteries Inc (ULBI) has received an order valued at approximately $2.7 million for its new BA-5390A battery with state-of-charge indicator from the U.S. Defense Department. Deliveries are expected to begin this quarter and be completed in the second quarter. This is the first order against the company's Next Gen II, Phase IV five-year battery contract and is unrelated to the company's recently announced order for its standard BA-5390 battery.

Hydrogenics Corp (HYGS) announced today that it delivered a HySTAT(TM) Hydrogen Plant in December to a North American nuclear plant. The high-purity hydrogen generated is being used to prevent corrosion and extend the life of stainless steel tubes in the nuclear reactor as part of an upgrade for the purpose of renewing the plant's operating permit. The hydrogen generator in this application consists of two HySTAT-A electrolyzer modules, each capable of producing 33Nm3/hr of hydrogen further demonstrating the scalability of Hydrogenics line of hydrogen generation products.

SatCon Technology Corporation (SATC) nnounced that it has entered into a strategic supply agreement and has received a purchase order from New Vision Technologies, an affiliate of Sun Edison, LLC, to initially deliver up to 10 megawatts of PowerGate(TM) photovoltaic inverters through the end of the year. Sun Edison has multiple photovoltaic projects around the U.S. already under contract and the 500kW inverter, recently unveiled by SatCon, is a particularly good fit to meet their demands for high efficiency power conversion.

Solarworld AG (SWV.DE) will buy businesses from Shell to take over as the top maker of solar power equipment in the United States. The news prompted a leap in Solarworld shares, already buoyed by President Bush's pledge to promote new technology to make the United States less dependent on imported oil. The agreement covered Shell factories in Germany and the U.S. and sales operations in Germany, Singapore and South Africa. The price of the deal was not released and is still waiting for regulatory approval.

Westport Innovations (WPT.TO) and Ford Motor Company today announced a project to develop and demonstrate an advanced direct injection fuel system for vehicles powered by high-efficiency, high performance engines operating on pure hydrogen. The two-year development program will be divided into two phases. Phase one will define advanced fuel system requirements including the design of fuel injectors. Phase two will incorporate the design and manufacture of new prototype fuel systems. The Government of Canada has contributed $250,000 during phase one.

Fuelcell Energy Inc (FCEL) announced that it has been selected by the U.S. Department of Energy (DOE) for a five-year, $2.1 million cost-shared project to develop a high temperature membrane for low humidity operation of Polymer Electrolyte Membrane (PEM) fuel cells, subject to final negotiation of an agreement. FuelCell Energy was awarded one of 12 competitively bid projects that will receive a total of $19 million in federal funding for polymer membrane research. The overall goal of this research is to advance membrane durability and extend shelf-life, while simultaneously bringing down its cost. The project includes the development of...

Maxwell Technologies (MXWL) announced that Enercon GmbH has placed a 1.5 million-unit purchase order for ultracapacitors for wind turbine blade pitch systems. Enercon currently uses BOOSTCAP® ultracapacitors for backup energy storage and power delivery in wind turbines models ranging in output from 300 kW to 6 MW. Ulrich Neundlinger, Enercon's managing director of switching units, said that the company is expanding its use of ultracapacitors for blade pitch system backup power after initial deployments confirmed their significant advantages over traditional battery solutions.

Syntroleum Corp (SYNM) announced today that they have entered into a Memorandum of Understanding that provides for exclusive joint business development of projects that will integrate Sustec's FUTURE ENERGY GSP® gasification technology with Syntroleum's Fischer-Tropsch (FT) and Synfining® technology. The joint venture is aimed at converting coal and other carbonaceous materials such as petroleum-coke, residual fuel oil and biomass into ultra-clean fuels. Each company will own 50 percent of the joint venture.

"America is addicted to oil, which is often imported from unstable parts of the world" Thanks to Mr. Bush's state of the union address last night, we should see some nice gains across the board in the Alternative Energy sector. Some of the big winners may be the Ethanol companies like Archer Daniels Midland (ADM) and Pacific Ethanol, Inc. (PEIX). The EnergyStockBlog.com has a nice write up on the potential for ADM. GreenCarCongress.com has a nice summary of the important parts of the speech. In his State of the Union 2006 address, President...

Aqua Dyne Inc. (AQDY.OB) and the Australian, Commonwealth Scientific and Industry Research Organisation (CSIRO), the Federal Government's Premier Research Organisation will be advancing the study and use of Solar Energy in thermal water desalination for the Coal Mining Industry. Aqua Dyne has received approval to deploy component modules of the JetWater Thermal Desalination system to a site adjacent to Lake Liddell in the Upper Hunter region of New South Wales, Australia. The JetWater Thermal module will be tested and monitored over a three month trial program. The module will be connected to a solar energy system developed and...