Quantum Delivers First Vehicles of Hydrogen Hybrid Fleet to Santa Ana

Quantum Fuel Systems Technologies Worldwide Inc (QTWW) announced the delivery of five hydrogen-fueled Toyota Prius hybrid vehicles to the City of Santa Ana, California. This is part of a larger South Coast Air Quality Management District (AQMD) program to develop and demonstrate 30 hydrogen hybrid vehicles to fleets in Southern California. The formal delivery took place during a ceremony held today at the City of Santa Ana's vehicle fleet yard. In March 2004, the AQMD awarded Quantum a contract to engineer a state-of-the-art OEM caliber hydrogen fuel system, perform accelerated long-term durability testing, including crash testing. The complete...

Penn State Titania Nanotube Arrays Harness Solar Energy

Penn State researchers are finding new ways to harness the power of the sun using highly-ordered arrays of titania nanotubes for hydrogen production and increased solar cell efficiency.

Hydrogenics Supplies Hydrogen Generator to Russian Utility

Hydrogenics Corp (HYGS) announced that the company has supplied an onsite electrolysis-based HySTAT-A Hydrogen Plant to OAO NSCHK, a state-owned utility in Novorsibirsk, Russia. The high-purity hydrogen produced by the 240Nm3/hr hydrogen generator will be used in the chemical processes used in this nuclear power plant. Installation and commissioning is scheduled for Spring, 2006.

Altair Nanotechnologies Lithium Ion Battery Cells Exceed HEV Power Requirements of U.S. FreedomCAR

Altair Nanomaterials (ALTI) announced that its battery research and development team successfully completed a testing program for lithium ion battery cells containing Altairnano's nano-structured lithium titanate electrode materials. "The test results demonstrated that the performance of these lithium ion battery cells exceed the system-level power requirements set forth by the U.S. Council for Automotive Research FreedomCAR Energy Storage System Performance Goals for hybrid electric vehicle (HEVs), as well as those requirements published by major U.S. automakers," said Evan House, Ph.D., Program Director, Altairnano's Advanced Materials & Power Systems business unit. These batteries demonstrate a useable state-of-charge...

Largest Airport in Mexico Selects Active Power for Backup Power Solution

Active Power Inc (ACPW) announced that the largest airport in Mexico, Aeropuerto Internacional de la Ciudad de Mexico (AICM), has selected its battery-free CleanSource® UPS to protect runway and taxiway lighting. Additionally, a new terminal that will begin construction this year will also be supported by Active Power's battery-free systems. Deliveries against this order started in Q4 of 2005 and will continue through the first half of 2006. Active Power is following a good business model of selling into a niche that it already has a good presence in (FuelCell Energy has a similar practice with Hotels.)...

Cobasys to Provide Battery Systems for Saturn VUE Green Line Hybrid SUV

Cobasys announced today that they will provide their advanced NiMHax® Nickel Metal Hydride (NiMH) battery systems for GM's 2007 Saturn VUE Green Line SUV which will be made available to consumers in the summer of 2006. Cobasys is a joint venture partnership between Energy Conversion Devices Inc (ENER) and Chevron Technology Ventures LLC, a subsidiary of Chevron Corporation (CVX) ENER gapped up this morning on this news and has been trading nicely for the last couple of months. However, it has run into upside resistance at the 52 week high. The stock is...

Li-ion Motors and Frito Lay Ink Deal

Li-ion Motors. (HYBT) has inked a deal with Frito Lay to provide Hybrid Technologies' Lithium vehicles as part of their fleet sales program. Frito Lay has agreed to purchase and take delivery of the Lithium Mini Cooper model as well as the Daimler Chrysler Smart Car Lithium version. The first deliveries are scheduled for the first quarter of 2006. These vehicles will be part of Frito Lay's Hybrid fleet and the corporation's commitment to "green philosophy" as well as its well known philosophy of working with the latest in American technology. You would have thought that...

Millennium Cell Awarded U.S. Army Hydrogen Battery Contract

Millennium Cell Inc (MCEL) announced that it has been awarded a Phase I Small Business Innovation Research Program contract by the U.S. Army Tank-automotive and Armaments Command. The Company will assess the feasibility of operating its hydrogen battery technology in conjunction with a 5kW PEM-based fuel cell using water containing a variety of impurities. Preliminary tests conducted by Millennium Cell suggest salt water and other non-potable water may be adequate for use with the Company's Hydrogen on Demand® technology.

Altair Nanotechnologies Awarded $250,000 Grant for Advancement of Its Alternative Energy Program

Altair Nanomaterials (ALTI) announced that it has been awarded a $250,000 grant from the Indiana Advanced Energy Technologies Program (AETP) initiative. The grant funding must be used to manufacture products containing products that are not currently in the U.S. market, and that are above industry standard in terms of energy efficiency (e.g. hybrid automobiles, fuel cells) and/or incorporate an innovative technology, such as nanotechnology, that allows the product to save energy. The grant money will be used for test equipment for the manufacturing of lithium ion cells, batteries, and battery packs. The stock gapped open this...

Beacon Power Announces Third-Quarter 2005 Results

Beacon Power Corp (BCON) reported revenue of $304,064, compared to revenue of $80,902 in the third quarter of 2004, an increase of $223,162, or 276%. Revenues for the nine months ending September 30, 2005, were $1,258,503, compared to $264,793 for the same period in 2004, an increase of $993,710, or 375%. Beacon Power reported a net loss of $2.1 million, or ($0.04) per share, compared to a net loss of $1.9 million or ($0.04) per share for the third quarter of 2005 and 2004, respectively, representing an increase of approximately $0.2 million or 16%. They ended the...

Congress Funds $1.5 Million for Electro Energy’s Battery Development Program

Electro Energy Inc (EEEI) receive $1.5 million from the 2006 budget of the U.S. Department of Energy (DOE) for continued development and demonstration of its bipolar wafer-cell Nickel Metal Hydride (NiMH) battery energy storage program. The funding was included in the Fiscal Year 2006 Energy & Water Development bill, which was passed by the U.S. Congress today and is expected to be signed by President Bush within the next week. The 2006 funding, will bring DOE's total investment in the development of the bipolar wafer-cell NiMH battery, in the energy storage program, to approximately $6.5 million.

Shares in Altair Nanotechnologies Purchased

I purchased shares in Altair Nanomaterials (ALTI) this morning for both my personal portfolio and also the mutual fund. ALTI is a holding company that specializes in nanomaterials and also contains a life sciences division. The materials company has research in high performance batteries, fuel cells, and photovoltaics. Altair announced earnings today and the stock is up on the morning trading. Revenue Increases 68 Percent for Third Quarter and 230 Percent for Nine-Month Period "An increase in revenue of 230 percent for the first three quarters of 2005 is representative of the significant progress Altair has...

Electro Energy Inc. Announces New Development Agreement With In-Q-Tel

Electro Energy Inc (EEEI) and In-Q-Tel, a private, not-for-profit venture group funded by the Central Intelligence Agency, today announced a new technology development agreement for advanced rechargeable bipolar lithium ion (BPLI) batteries. The resulting BPLI battery is intended to exhibit both high-specific energy and high-specific power, due to the efficiency of the EEEI bipolar cell and battery design. In previous work, EEEI has demonstrated BPLI cells with a specific energy greater than 200 Wh/kg and an energy density greater than 400 Wh/l. The development will be conducted at EEEI's battery manufacturing facility in Colorado Springs, Colorado. ...

Beacon Power Announces Award of Phase II SBIR Contract for Advanced Flywheel Energy Storage...

Beacon Power Corp (BCON) announced that it has been awarded a contract through the Air Force Research Laboratory (AFRL), and co-funded by the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense. The contract, valued at $750,000, is for the preliminary design of a space-based flywheel energy storage system for satellite applications, and is a Phase II award under the Small Business Innovation Research (SBIR) program of the U.S. Small Business Administration's Office of Technology. Beacon announced completion of an associated Phase I project earlier this year. This was welcome news for this company...

Distributed Energy Systems profile on Forbes.com

Distributed Energy Systems Corp (DESC) has been profiled on Forbes.com. Kenneth Reid, editor of Spear's Security Industry Analyst, recommends buying shares of Distributed Energy Systems. The Wallingford, Conn.-based company creates and delivers a variety of products for the alternative and decentralized energy markets.. . .The story of Distributed Energy and other alternative-energy players is a long-term one, say bulls like Reid. With the surge in oil prices this year, the story is resonating with investors. Distributed Energy shares are up 333% in the past year, trading around $8 after hitting a 52-week (intraday) high of $8.09 on Sept....

Electro Energy Delivers Silent Watch Battery System

Electro Energy Inc (EEEI) announced the delivery of a Bipolar Battery System to the U.S. Army Communications and Electronics Command (CECOM), to be tested and demonstrated under the Silent Watch Program. The EEEI bipolar battery system was built under the Company's contract with the U.S. Army Manufacturing Technology (Mantech) Program. The EEEI system, comprised of three 1kW modules, could be operated individually or as a complete system with a 3kW power capability, which would provide on-board vehicle electrical power to operate in Silent Watch Mode for three hours compared to the existing lead acid capability of 45 minutes....