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 that will manage, charge, and provide usable... Read more..
Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments, as well as large biomass applications. As Cyclone’s first licensee, Advent has been active over the... Read more..
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 order is the first phase of a relationship that could expand to 50,000 units per month by mid 2009.... Read more..
VIASPACE Inc. exhibited its products and met with current and potential customers and business partners at the Fuel Cell Seminar held in Phoenix, AZ October 28-30, 2008. With 1700 attendees, the Fuel Cell Seminar is the largest fuel cell technical meeting and exhibition in the United States. VIASPACE and its subsidiary Direct Methanol Fuel Cell Corporation (DMFCC) had a prominent booth near the exhibit entrance. The VIASPACE display featured disposable... Read more..
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 with several alternative energy companies, including Emerson Electric Co. (NYSE: EMR, “Emerson”).... Read more..
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 ELECTRONICA 2008, booth number 348, Hall B2, to be held at the New Munich Trade Fair Centre in Germany... Read more..
They’re called vampire electronics, they suck energy even when turned off and can drive up the energy bills of unwary consumers. Although this eerie-sounding term can result in chilling home energy bills, the solution is not that scary. To keep energy bills down and consumption in check, the key is to identify the electronic culprits and drive a stake through their power-hungry hearts. Counted among the legions of vampire electronics in most... Read more..
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 been environmentally certified. In February 2007, the Company acquired approximately 1.36 million... Read more..
Ultralife Corporation will be presenting at the Western New York Investors Conference in Buffalo, New York on November 5. Ultralife management is scheduled to give a presentation at 2:45 PM Eastern Time. A live webcast of the presentation will be available in the Investor Relations section of the company’s website, http://investor.ulbi.com. Ultralife Corporation, which began as a battery company, now serves its markets with products and services... Read more..
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 – Equity and GE Energy Financial Services, bringing GE’s combined total investment in... Read more..