LHV Power (formerly known as HiTek Power Corporation) spins off Flux Power, to be led by Aptera Cofounder Chris Anthony. This new company will provide life extending Lithium Battery technology including battery management and monitoring, advanced display and diagnostics, and smart charging systems. “I’ve heard the same message repeatedly from numerous clients: ‘We need a complete drop in solution...
Energy Recovery, Inc., a leader in the design and development of energy recovery devices for desalination, today announced that its PX Pressure Exchanger™ (PX™) devices will be implemented at the Southern Seawater Desalination Plant (SSDP) in Western Australia. To be constructed by the Southern Seawater Alliance (SSWA) — a joint venture between Técnicas Reunidas Australia Pty Ltd, Valoriza Water...
Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, announced $55 million in new funding. Boston-Power will use the new growth capital to scale manufacturing, sales, marketing, and research and development to meet strong global demand for Sonata Lithium-ion batteries. Initially targeting notebook computers, Sonata will come to the market in early 2009 through...
China BAK Battery, Inc., one of the largest lithium-ion battery cell manufacturers in the world, as measured by production output, today announced its Electric Vehicles Lithium-phosphate Power Battery Industrialization Project has been selected as a key project of the PRC’s National High Technology Research and Development Program, or “863 Program”, by the PRC’s Ministry of...
Imara Corporation, a research, design and manufacturing company that has developed next generation lithium-ion battery technology, today officially launched and announced its plan to deliver U.S.-based energy storage solutions. Imara’s patented and proprietary battery technology breaks through current barriers of performance and energy capability, enabling new applications in power tools, outdoor...
Composite Technology Corporation announce that its CTC Cable subsidiary has signed agreements with an overhead conductor manufacturer in Indonesia. In addition to setting out the process for the qualification of the manufacturer of ACCC™ conductor by stranding aluminum wire around ACCC™ core made by CTC Cable, the agreement with PT KMI Wire and Cable governs the commercial aluminum stranding of...
Ultralife Corporation has received orders valued at approximately $6.9 million from the U.S. Defense Department for its BA-5390 and BA-5347 batteries. The orders represent releases under 5-year contracts awarded to Ultralife in 2004 and 2005. Deliveries are expected to begin in January and be completed in July 2009. Ultralife Corporation, which began as a battery company, now serves its markets with...
GreenSmith Energy Management Systems, Inc., a leading innovator of intelligent Distributed Energy Storage Systems (DESS), unveiled its proprietary battery unit which shifts electricity load from peak-to off-peak. The storage system allows utilities to realize measurable reliability and cost benefits by recognizing immediate advantages of the peak versus off-peak arbitrage, ancillary services, efficient...
Kinder Morgan Energy Partners, L.P. announced it is now transporting commercial batches of denatured ethanol along with gasoline shipments in its 16-inch Central Florida Pipeline (CFPL) between Tampa and Orlando, Fla., making CFPL the first transmarket gasoline pipeline in the United States to do so. Kinder Morgan has invested approximately $10 million to modify the line for ethanol shipments which...
National Cheng Kung University, the second largest university in Taiwan, and Celxpert Energy Corp., the renowned Li-ion battery manufacturer, jointly established a platform for industry-academia cooperation, especially with a focus on fuel cell development. The kick-off party was held on the 1st December 2008, at the Department of Aeronautics & Astronautics of NCKU, represented by Professor Wei-Hsiang...