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..
When an emergency strikes, nothing is more welcoming than a calm voice and a reliable power supply. Duracell® is providing a bit of both with the introduction of Duracell® Powerpack 450 with Voice. It’s a solution that consumers need, according to a recent survey that shows the majority of Americans are not equipped for power emergencies either at home or on the road. Duracell® Powerpack 450 with Voice is a durable, stand-alone power supply... Read more..
Altira Group LLC, a pioneer and leader in venture capital and private equity funding for energy technology companies, today announced a seven Million dollar investment in Eco Power Solutions (Eco Power), of Quincy, MA. Altira’s investment in Eco Power was made from its Altira Technology Fund V — a $176 Million fund focused on venture capital for energy technologies. Eco Power designs and builds a unique all-in-one industrial grade energy... Read more..
UTC Power, a United Technologies Corp. company, announced that Samsung Everland has purchased 12 UTC Power 400 kW fuel cell systems for installation at a GS Power plant in the Town of Anyang, just outside Seoul. GS Power will use the electricity from the fuel cells to provide power for about 5 percent of Anyang’s population, with 40,000 megawatt hours total annual power output expected. The 4.8-megawatt plant will be operational in September... 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..
Active Power, Inc., inventor and manufacturer of the most energy-efficient critical power systems in the world, has received an order from Star Technology Services for its modular containerised PowerHouse solution. One of the largest independent business to business (Internet service providers) in the United Kingdom, Star will install PowerHouse to provide its new mission critical data centre with energy efficient and reliable critical power protection.... Read more..
NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across attractive metallurgical and thermal coal projects. The Merger is expected to be completed by... Read more..
Kabe Exploration, Inc announced today that it has executed an agreement and plan of merger to acquire all of the outstanding common stock of privately held Emission & Power Solutions, Inc. Closing of the merger is anticipated in October, 2008. Pursuant to the merger agreement, for every 5 EPS shares held by EPS shareholders, they will receive 1 share of Kabe common stock. EPS licenses, acquires, develops, deploys, and transfers technologies... Read more..
SolarWorld, a world leader in high quality solar power technology, today announced it will exhibit at this year’s Solar Power International event — the United States’ largest and most prestigious solar conference and exhibition. SolarWorld is located in booth #1613 and will be sharing information on its expansions in production, green jobs and safe investments in solar installations here in the Americas. The show takes place in San... Read more..
Satcon Technology Corporation, a leading provider of utility scale renewable energy solutions for distributed power markets, announced today the sale of its Electronics and Motors divisions for cash proceeds of $5.6 million as part of its overall strategic restructuring plan. The divestiture of these non-strategic businesses will enable Satcon to focus its financial, technical, and marketing resources on the continued growth of their core industry... Read more..