Northern Power Systems to Supply Northwind(R) 100 Wind Turbines to Alaska Village Electric Cooperative

Northern Power Systems, Inc., a subsidiary of Distributed Energy Systems Corp (DESC) has been awarded a $1.9 million contract from Anchorage-based Alaska Village Electric Cooperative (AVEC) for seven of Northern's NorthWind® 100 wind turbines. The advanced-design 100 kW wind turbines will generate renewable electric power for 3 remote communities, in western Alaska, served by AVEC. As part of the contract award, Northern will provide on-site installation and commissioning services of the turbines in the harsh Alaskan environment. It is the first stage in a broader effort through which AVEC will be integrating wind into more of the 51...

FuelCell Energy, Inc. Receives a Gold Connecticut Quality Improvement Award Innovation Prize

Fuelcell Energy Inc (FCEL) announced that it received a gold Connecticut Quality Improvement Award (CQIA) Innovative Prize for increasing sales of its 'ultra-clean' Direct FuelCell® (DFC®) power plants. The innovative feature of the Company's DFC products is the ability to electrochemically produce electricity from readily available fuels such as natural gas, wastewater treatment gas and coal gases.

Fifty Dollar Oil Helping Fund Alternative Energy Projects

Alternative energy projects getting a boost from higher energy prices. With Oil trading in the $50 range, more alternative energy projects are being funded worldwide. Many of these projects were not feasible when oil was trading in the $30 range, but as it passed $40 a barrel, wind projects started to make sense and with oil now over fifty, solar projects are beginning to appear in greater numbers. Add tax incentives, rebates and grants, and it becomes more understandable as to why these alternative energy projects are on the rise.

Hybrid cars drive a company, and its stock

Energy Conversion Devices Inc (ENER) founded by the now-82-year-old Mr. Ovshinsky in 1960, developed the battery technology that is being used in Toyota Motor Corp.'s Prius the popular "hybrid" car model that has given U.S. automobile titans Ford Motor Co. and General Motors Corp. a run for their money. And the Rochester Hills, Mich., company though it still is unprofitable, making iit a risky bet is drawing backing from serious investors who see a hot market for its products. This story hit the news wires and the Wall Street Journal late last night. ENER...

Volkswagen Says It Will Develop Fuel-Cell Vehicles in China

Volkswagen AG, Europe's biggest carmaker, said it agreed to develop fuel-cell vehicles in China, as part of global efforts to invest in low-polluting cars. Volkswagen signed an agreement with Tongji University and German engineering company IAV to produce a model fuel-cell vehicle, the German carmaker said in an e-mailed statement. Wolfsburg-based Volkswagen will provide the body and Tongji will contribute fuel cells and high-power batteries, it said.

Northern Power Systems Awarded Contract for On-Site Power System at New Jersey Vegetable Oil...

Aarhus United USA Inc. has awarded Northern Power Systems, Inc. a subsidiary of Distributed Energy Systems Corp (DESC), a contract for a $1.7 million turnkey on-site power system that will use the oil distillate and waste byproduct of the company's vegetable oil processing operations as fuel. Northern's system will be designed to deliver 65% of the Port Newark, New Jersey facility's electrical needs and 12% of its thermal consumption. The NJ Clean Energy Program has deemed the fuel a renewable source that is CO2 emissions-free and has therefore committed funds to pay 30% of the project cost.

Fuel cell stocks charge higher

The U.S. Senate agreed Sunday to vote as early as Monday on a corporate tax bill that would include the "Green Building" program, something that Adams Harkness analyst John Quealy said will be a "positive catalyst for the fuel cell industry." The bill calls for the issuance of tax-exempt bonds to fund the construction of energy-efficient and environmentally-friendly buildings. "What we find especially noteworthy is language in the current Chairman's Mark of the Conference Committee report that requires using at least 25 megawatts of fuel cell energy generation, in aggregate, in order to qualify for such tax-exempt...

ZAP Invests in Advanced Battery Manufacturing Company in China

ZAP (ZAPZ) announced that it has taken an equity position in Zibo Enterprises Co. Ltd., a manufacturer of advanced battery technology in The People's Republic of China. Steve Schneider, Chief Executive Officer for ZAP, says that the announcement is the next step in the Company's business plans to establish a ZAP Energy Division. Schneider says the synergy between advanced automotive and energy technology has prompted ZAP to expand and departmentalize to focus on these respective markets.

Tax Credit to be Extended to Geothermal Energy

The Production Tax Credit (PTC) a critical factor in stimulating the growth of the US wind industry is very likely to be expanded to include geothermal energy as part of the JOBS tax package (H.R. 4520, the "American Jobs Creation Act of 2004") just approved by a Congressional Conference Committee.

FuelCell Energy, Marubeni and Kawasaki Finalize Agreement to Build and Market Direct FuelCell Power...

Fuelcell Energy Inc (FCEL) and its partner in Japan, Marubeni Corp., announced today that they have finalized their agreement with Kawasaki Heavy Industries (KWHIY) to become a packager of Direct FuelCell® (DFC®) power plants in Japan. As part of this agreement, Kawasaki will purchase a DFC300A power plant from Marubeni, to be installed at the Kawasaki Akashi Works near Osaka, Japan, where it will undergo evaluation and testing for the development of a Kawasaki-branded carbonate fuel cell power plant.

Honda Projects Rise in Hybrid Car Sales

Honda Motor Co (HMC) expects the introduction of its new gas-electric version of the Accord to boost its U.S. sales of hybrid vehicles to more than 45,000 next year. Honda officials said Thursday they expect to sell 20,000 hybrid versions of the Accord sedan, in addition to the Honda Insight and Civic hybrid compacts.

Millennium Cell Awarded Subcontract for DoD Work by Concurrent Technologies Corporation

Millennium Cell Inc (MCEL) announced that it has been awarded a subcontract to develop hydrogen storage systems for the U.S. Department of Defense (DoD). The prime contractor is Pennsylvania-based Concurrent Technologies Corporation (CTC), which operates the DoD's Fuel Cell Test and Evaluation Center (FCTec) in Johnstown, Pennsylvania. Millennium Cell's contract is part of first-year activities under the DoD contract to develop Common Core Power Production (C2P2) technology for the Air Force's Advanced Alternate Power Technology Transformation Office (A2PT2O). The C2P2 Program is based on utilizing fuel cell systems as interchangeable power sources for military equipment. Millennium Cell...

Green Energy Resources Announces Merger Update and Sales Projections for 2005

Green Energy Resources, Inc. (NYIL) will acquire three (3) biomass power plants in Italy as a result of the recently announced merger/acquisition of ICL. The plants will generate approximately $150 million annually ($1.1billion dollars through 2012) and provide a before tax profit of approximately $30 million for each of the next seven (7) years. The merger is on target to be completed before the end of December 2004. Green Energy Resources export sales of woodchips from the United States are projected at approximately 2 million metric tons for 2005, generating approximately $100 million dollars in gross sales revenues....

ABC’s ‘Extreme Makeover: Home Edition’ Requests ZAPPY3 Electric Scooter for October 10 Episode

ZAP (ZAPZ) announced today that its newest model received a casting-call while ABC's Emmy-nominated show "Extreme Makeover: Home Edition" was in the neighborhood. The episode in which Extreme Makeover requested the ZAPPY3 is scheduled to air on Sunday, October 10th at 8 p.m. Pacific Time on ABC. The cast and crew heard about ZAP's new 3-wheeled electric scooter while filming an episode near Santa Rosa where ZAP is Headquartered and requested a couple of scooters for the shoot. ZAP says that the production crew along with host Ty Pennington found the silent-running scooter useful for their location work....

SatCon Introduces New 500kW Photovoltaic Inverter

SatCon Technology Corporation (SATC) nounced the launch of its new 500kW grid connected PowerGate(TM) Photovoltaics inverter with recent orders for the North American market. The 500kW unit rounds out SatCon's family of solar array inverters, including designs for 50kW, 100kW, 225kW and 500kW three-phase applications, and designs for 15 - 30kW single-phase applications. SatCon's products provide a more cost effective alternative for solar integrators by eliminating many of the independent components and field wiring required by other designs. SatCon's photovoltaic inverters include all of the necessary equipment to convert solar array DC power to useable AC power and also...

WorldWater & Power Forms Strategic Alliance with Major India-Based Manufacturer of Water Pump Systems...

Worldwater Corp (WWAT) has established a strategic alliance with Kirloskar Brothers Ltd., a major Indian pump manufacturer, to develop water management systems to provide improved water and power supplies for rural and urban poor around the world. Under the five-year pact, WorldWater and Kirloskar will develop projects that combine WorldWater's proprietary solar power technology with Kirloskar's broad range of pump and motor products. As outlined in a Memorandum of Understanding (MOU) signed by both companies, the partnership will help both companies meet their common objectives of bringing sustainable agricultural development and improvement of living and working conditions for...