Active Power Receives Multimillion Dollar Order from Leading Global Internet Search Engine Provider

Active Power, Inc., inventor and manufacturer of the most energy-efficient critical power systems in the world, today announced that it received its single largest order from one of the world’s largest Internet search engine providers for twelve 1200 kVA CleanSource® UPS (uninterruptible power supply) systems). This 12 megawatt sale utilizes 48 flywheels... 

Axia Capital Partners, LP Announces Sale of Hydroid, LLC

Axia Capital Partners, LP, announced today that it has completed the sale of the assets and business of Hydroid, LLC to Kongsberg Maritime, AS, a division of Kongsberg Gruppen, for approximately $80 million and an earn-out based on Hydroid’s 2008 and 2009 operating performance. Hydroid is a manufacturer and supplier of Autonomous Underwater Vehicles... 

XcelPlus Global Holdings Signs Letter of Intent to Acquire Worldwide Rights to New Alternative Energy Technology

XcelPlus Global Holdings, Inc. announces that it has recently signed a Letter of Intent with Total-Fuels of Las Vegas, Nevada and two developing partners for worldwide marketing rights to their patented technology. The technology allows normal cars to use both E85 and gasoline with the same ease as a new car manufacturer does. The automatic unit already... 

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... 

Ronn Motor Company Announces Anticipated Launch of H2GO(TM) Hydrogen On-Demand System for Over-the-Road Trucking & Transportation Industries

Ronn Motor Company, Inc. announced today that the Company will target the Over-The-Road Trucking and Transportation Industries with the commercial launch of the H2GO(TM) Hydrogen On-Demand (HOD) fuel injection system. CEO & President Ronn Maxwell stated, “It’s a great pleasure to announce that we will soon commence manufacturing of... 

Fuel Efficient Couple En Route To Break Guinness World Record for Lowest Fuel Consumption

Two of the world’s most fuel efficient drivers, John and Helen Taylor, are a third of the way through their attempt to break the current world record for lowest fuel consumption across the 48 contiguous United States. Today they will be driving into their ninth day, passing through the northern states of the Great Plains, including South Dakota,... 

A123Systems IPO Taps into Multi-Billion-Dollar Electric Vehicle Opportunity

With gas prices at $3.70 per gallon and attention from Beijing to Belgium focused on carbon emissions, light electric vehicles (EVs) – from mass-market hybrids like the Toyota Prius to pure electric vehicles like the Tesla Roadster – are a hot topic with the auto and finance industries alike. Earlier this month, lithium-ion (Li-ion) battery manufacturer... 

Clean Energy to Acquire FuelMaker, Natural Gas Fueling Appliances Maker from Honda

Clean Energy Fuels Corp. has entered into a definitive agreement with American Honda Motor Co., Inc. and The FuelMaker Trust to acquire FuelMaker Corporation of Toronto, Canada for (US) $17 million in cash. The acquisition is expected to be completed within 25 days. FuelMaker (www.fuelmaker.com) manufactures, distributes, installs and services vehicle... 

Ricardo Creates New Strategic Business Group to Focus on Hybrid Vehicle Development

Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world’s automotive, military, transport and new energy industries, today announced the formation of a dedicated global strategic business group to focus the company’s state-of-the-art resources in technology, facilities and engineering... 

Parker Acquires Composites Technology Company to Enable Energy Saving Solutions

Parker Hannifin Corporation, the world leader in motion and control technologies, today announced that it has acquired Lingk & Sturzebecher of Stuhr, Germany. The acquired company, better known regionally as L&S, is a manufacturer of light weight carbon fiber high pressure cylinders and actuators including those based on composite technologies,...