The Morphic subsidiary Exergy Fuel Cells has been chosen as one of two companies that will be delivering fuel cells to an ongoing infrastructure project in London. The project is aimed at equipping temporary power installations in street environments with fuel cells, thus helping to cut pollution and noise levels. London has a problem with air quality...
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...
Sinoenergy Corporation, a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment and a designer, developer and operator of retail CNG filling stations in the People’s Republic of China, today announced that the Company’s management rang the closing bell at the Nasdaq MarketSite on Friday, October 17, 2008 to celebrate...
In August, Gasrec, the UK’s first commercial producer of liquid biomethane fuel, Veolia Environmental Services, the UK’s largest waste management company, and full range commercial vehicle manufacturer Iveco, announced the beginning of a commercial trial of a CBM-powered street cleansing vehicle in Camden that could drastically reduce society’s...
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...
The Diesel Technology Forum issued the following statement today on the occasion of the publication of recently approved national biodiesel blend standards by the American Society for Testing and Materials: The Diesel Technology Forum, a non-profit organization representing the diesel industry, welcomes the American Society for Testing and Materials’...
After 22 days, driving 9,419 miles and using less than 12 tanks of Shell Ultra Low Sulfur Diesel fuel, global world-record holders John and Helen Taylor broke the existing Guinness World Record for lowest fuel consumption on a road trip across the continental United States. On this drive, which began Sept. 3, the Taylors achieved 58.82 miles per gallon,...
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...
UTEK Corporation, an innovation services company, and World Energy Solutions, Inc, an energy services company and electronics manufacturer, are pleased to announce that World Energy Solutions, Inc. has acquired H-Hybrid Technologies, Inc., a wholly owned subsidiary of UTEK, in a stock transaction. H-Hybrid Technologies contains the H-Hybrid (trademark...
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...