Alternative Energy Partners,a provider of comprehensive alternative energy solutions, announces that it has received a commitment for $8M in funding. The funding was arranged by Alternative Energy Partners’ (“AEGY”) parent company, Healthcare of Today, Inc., and will be used for working capital and acquisitions. Per the terms of the financing agreement, there will be no dilution to the shares of AEGY. Last week, AEGY (www.AEGYPartners.com)... Read more..
Big things often come in small packages. That’s certainly the case with the potential created by recent successes in hydrogen research at Idaho National Laboratory. Steve Herring, technical director of the High Temperature Electrolysis Nuclear Hydrogen Initiative, holds in his hand a solid-oxide electrolysis cell no larger than a standard CD. However, the two electrodes and electrolyte that make up the cell are almost eight times thinner than... Read more..
Hydrogen researchers at the U.S. Department of Energy’s Idaho National Laboratory have reached another milestone on the road to reducing carbon emissions and protecting the nation against the effects of peaking world oil production. Stephen Herring, laboratory fellow and technical director of the INL High Temperature Electrolysis team, today announced that the latest fuel cell modification has set a new mark in endurance. The group’s Integrated... Read more..
Plug Power Inc. announced that Central Grocers, Inc. has purchased 220 GenDrive(tm) fuel cell units to power the entire lift truck fleet at their new distribution center. The center is currently under construction in Joliet, Illinois, and is expected to be operational by the end of the first quarter of 2009. Central Grocers chose the hydrogen fuel cell power units, rather than traditional lead-acid batteries, for a new fleet of Yale lift trucks. By... Read more..
Gensets companies are making a number of strategic alterations as market dynamics begin to shift. Greater focus is being placed on developing regions, where the bulk of new opportunities will be concentrated, as well as on providing gensets that comply with current and impending emission regulations. The increasing emphasis on eco-friendly power generation means diesel genset market participants are entering a challenging period. However, it is one... Read more..
For the second time in 2008, PECO is inviting renewable energy producers to submit bids to sell alternative energy “credits” to help the company fulfill the requirements of Pennsylvania’s Alternative Energy Portfolio Standards (AEPS) legislation. The details of the request for proposal (RFP) will be discussed in a teleconference on Monday, November 24. Interested parties should e-mail AEPS_RFP@peco-energy.com for information or to register. The... Read more..
Zongshen PEM Power Systems Inc., announced that it has received the approval of The Toronto Stock Exchange (“TSX”) to make a Normal Course Issuer Bid (the “Bid”) to purchase through the facilities of the Exchange, from time to time, as it considers advisable, up to 3,065,211 of the issued and outstanding Common Shares (being approximately 5% of the 61,304,230 Common Shares outstanding at November 3, 2008). The Bid will commence... Read more..
Ronn Motor Company, announced today that best-selling author and celebrity marketer, Dr. Joe Vitale, has purchased a Limited Edition Scorpion HX(TM). Dr. Vitale stated, “I’m in the movie, ‘The Secret,’ but the real secret is a small company outside of Austin, Texas called Ronn Motor Company. They are making history with their breakthrough H2GO(TM) Real-Time Hydrogen Injection system and building a car that will turn heads and... Read more..
Ronn Motor Company, Inc. announce that the Company has signed a Letter of Intent with SCS/Frigette, located in Ft. Worth, Texas, for the manufacturing and distribution of its proprietary H2GO(TM) Real-Time Hydrogen Injection System. Ronn Maxwell, CEO of Ronn Motor Company, said, “SCS/Frigette is recognized as a leader in the automotive industry and their manufacturing and distribution network is a perfect match for Ronn Motor Company and its... 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..