Axion Power Signs $6.4 Million Manufacturing Contract

Axion Power International, Inc., a leading developer of battery technologies and advanced energy storage devices, announced today that it has received a purchase order for 92,250 flooded lead-acid batteries that it will produce over the next 11 months under a toll-manufacturing contract with a major North American battery manufacturer. The purchase... 

China Ritar Power Corp. Increasing Penetration in Alternative Energy Storage Market

China Ritar Power Corp., a leading Chinese manufacturer of lead acid batteries, today announced that the Company is increasing its market penetration in the alternative energy storage market. Contributing to the Company’s stronger market position are series of contracts and letters of intent to purchase China Ritar’s nano gel lead acid batteries... 

FDK’s ECM15P Series Ultra Capacitor Modules Offer Superior Thermal Performance and Long Life for Vehicles

FDK Corporation, a global electronic component and battery manufacturer, introduces the new ECM15P series EneCapTen ultra capacitor modules for use in vehicles. The ECM15P provides high power with long life and best-in-class thermal performance of up to 80 degrees Celsius. FDK will be exhibiting its ultra capacitors and other electronic products at... 

Hong Kong Highpower Technology Announces Groundbreaking on New Ni-MH Battery Manufacturing Facility

Hong Kong Highpower Technology, Inc., a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products, today announced the groundbreaking of its new Ni-MH battery manufacturing facility in Huizhou, Guangdong Province, China and commencement of building construction on site plans that have... 

GE Helps Commercialize Electric Car with Sixth Investment in Battery Manufacturer A123Systems

GE is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123’s $102 million Series E financing, making it the battery manufacturer’s largest single cash investor – at 9 percent ownership. The investments were made by GE Commercial Finance... 

Hitachi Awarded Order from Eaton Corporation for Commercial Vehicle Hybrid System

Hitachi, Ltd. and Hitachi Vehicle Energy, Ltd., which manufactures lithium-ion batteries for hybrid electric vehicles (HEV) and other uses, today announced that they have been awarded an order from U.S.-based Eaton Corporation to supply motors, inverters, lithium-ion batteries and other components for Eaton’s hybrid power systems to be delivered through... 

Arsenal Capital to Acquire Ferro Corporation’s Fine Chemicals Business

Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle-market specialty industrial, healthcare, and financial services companies, today announced that it has signed a definitive agreement to acquire Ferro Corporation’s Fine Chemicals business, a leading manufacturer of electrolytes used in the manufacture... 

Active Power Celebrates 2,000th Flywheel Shipment

Active Power, inventor and manufacturer of the most energy efficient critical power systems in the world, today announced the shipment of its 2,000th flywheel. The UPS (uninterruptible power supply) system containing the 2,000th flywheel was purchased by Active Power’s OEM partner Caterpillar Inc. to support an application in the solar power sector.... 

QuantumSphere Files Key Patent On Revolutionary Technology to Increase Lithium Ion (Li-ion) Battery Life

QuantumSphere, Inc., a leading developer of advanced catalyst materials, electrode devices, and related technologies and systems for portable power and clean-energy applications, today announced that it has filed a key patent for technology it has developed that extends the capacity of rechargeable lithium ion batteries up to five times. Next-generation... 

Quantum and Asola Announce Solar Expansion into Korea – Signs JV Agreement With Q&Tech/Yongsan to Build a 30 MW Solar Production Facility

Quantum Fuel Systems Technologies Worldwide, Inc. announced that its German solar photovoltaic partner, Asola has signed a Memorandum of Understanding to establish a joint venture manufacturing plant in South Korea, to enable production and distribution of high quality, German-designed solar modules in South Korea. The Korean partner Q&Tech / Yongsan...