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22nd February 2010
First half revenues at Australian electricity generation solution provider Ceramic Fuel Cells (CFC) rose to AUD$1.5m (£900,000), up 57 per cent on the corresponding period the previous year, due to expansion of its European activity.
10th February 2010
CellEra, a fuel cell start-up based in Israel, has raised $2m in funding from Israel Cleantech Ventures and BrainsToVentures, to add to the $2m it raised from Cleantech Ventures in 2009, according to reports.
11th January 2010
US President Barack Obama has announced awardees of the clean energy manufacturing tax credit in the American Recovery and Reinvestment Act.
3rd December 2009
Berlin-based energy storage company Heliocentris Fuel Cells is to supply two of its autonomous power supply solutions to oil company Bahrain Petroleum as well as a German university. The projects have a total volume of approximately €300,000.
9th October 2009
Loughborough clean power systems company Intelligent Energy has provided aircraft manufacturer Airbus with a fuel cell auxiliary power unit (APU) to provide onboard power and other requirements in future aircraft.
30th September 2009
US methanol fuel cell developer Mechanical Technology (MTI) has been awarded a contract worth up to $6.5m five year contract for repairs and services on diagnostic devices on US air force planes through subsidiary company MTI Instruments (MTII).
22nd September 2009
Online marketplace giant eBay has announced its first greenhouse gas emissions reduction target as part of the Carbon Disclosure Project, committing to reduce its corporate greenhouse gas emissions 15 per cent by 2012.
22nd September 2009
Hydrogenics Corporation, a Canadian developer and manufacturer of hydrogen generation and fuel cell products, mailed to holders of units and convertible debentures of renewable power investment trust, Algonquin Power Income Fund Offers to Purchase and Take-over Bid Circulars dated 21 September 2009 in connection with the previously-announced offers to acquire all the outstanding units and convertible debentures of Algonquin Power.
17th September 2009
Fuel cell systems developers Protonex Technology Corporation has received a $598,813 contract from the US Naval Research Laboratory (NRL) to develop high power fuel cell systems for small unmanned air vehicles.
15th September 2009
Massachusetts, US-based Protonex Technology, a provider of advanced fuel cell power systems, has partnered with Cummins Onan, a business group of Cummins Incorporated, to cooperate in the promotion of advanced fuel cell power solutions into the recreational vehicle market.
10th September 2009
A competition for up to £7.2m of funding for companies to develop hydrogen and fuel cell technology has been launched by the Department of Energy and Climate Change. The DECC is funding the competition as part of measures for stimulating low carbon technologies announced in this year’s budget.
3rd September 2009
Canadian hydrogen generation and fuel cell product manufacturer, Hydrogenics Corporation, has received a contract to provide HyPM 16 fuel modules for use in zero emission class 8 short haul trucks being developed by Vision Industries of California.
3rd September 2009
U.S Bank is trialing a new home equity loan and line of credit programme in Colorado that offers customers a three-eighths per cent rate reduction for environmentally friendly home improvement projects.
28th August 2009
Oregon-based ClearEdge Power has raised $15m in a funding round, according to reports.
19th August 2009
The US Army Tank Automotive Research Development and Engineering Centre (TARDEC) has announced plans to develop a new 30,000-square-foot facility to evaluate an array of military vehicles with hybrid-electric and fuel-cell configurations.
14th August 2009
Fuel cell and wind power engineering company Morphic Power has received an order from the Polish Navy to develop fuel cells for underwater crafts.
14th August 2009
Hydrogenics Corporation, a developer and manufacturer of hydrogen generation and fuel cell products, posted its second quarter 2009 financial results showing a decrease from the previous year.
14th August 2009
Satcon Technology Corporation, a provider of renewable energy solutions, posted a fall in second quarter 2009 financial results.
5th August 2009
US cleantech company Simple Tech, Inc. has licensed a new technology intended to form the basis for efficient and applications including an entirely new generation of fuel cell.
4th August 2009
The California Center for Sustainable Energy said the University of California will receive $11m in incentives from California’s self-generation incentive programme for the installation of a fuel cell energy generation and storage system.
31st July 2009
US fuel cell developer Neah Power Systems has reached agreement with investment fund Optimus Energy Capital Partners under which Optimus may purchase up to $10m of Neah Power’s Series B preferred stock.
28th July 2009
Hydrogenics, a Canadian developer and manufacturer of hydrogen generation and fuel cell products, has received two orders for hydrogen fuel cell power modules.
22nd July 2009
Nukissiorfiit, Greenland’s national power company, is developing a hydrogen and fuel cell plant that will move the country toward expanding its use of renewable energy.
21st July 2009
Clean energy systems company Intelligent Energy has raised $30m. The funding round involved both existing and new investors and will be used to accelerate the commercialisation of its fuel cell power systems into the market.
15th July 2009
Waste2Tricity, the licence holder for AFC’s UK gasification projects, has appointed Professor Ian Arbon as chairman.
8th July 2009
Fuel cells have long represented an elusive opportunity, literally a technology in search of a market, with hockey stick growth curves perpetually only a few years away, according to a new report from Pike Research.
7th July 2009
Linde North America, part of hydrogen producer The Linde Group, has joined the California Fuel Cell Partnership.
3rd July 2009
The Swedish Energy Agency and the Volvo Group, in partnership with international corporations Midroc and OCAS are investing SEK200m (€18.3m) in the development of fuel cells.
29th June 2009
At its heart, the ongoing debate over energy and electric power centres on this simple question: How can we meet our power needs in ways that are economical, reliable and environmentally sound, writes R Daniel Brdar, chairman of the board and CEO of FuelCell Energy, Inc.
22nd June 2009
Fuel cell company AFC Energy, has announced the demonstration of its fuel cell system on industrially produced hydrogen at AkzoNobel’s chlor-alkali plant in Bitterfeld, Germany.
17th June 2009
Austrian industrial company OMV Aktiengesellschaft, in cooperation with compressed gas supplier Linde and car company Daimler, is to open a publicly accessible hydrogen filling station in the German state of State of Baden-Württemberg.
17th June 2009
FuelCell Energy, a US-based fuel cell company, has entered into a definitive agreement to sell 6.7 million shares of its common stock at $3.59 per share in a registered direct offering.
16th June 2009
UQM Technologies, Inc., a developer of alternative energy technologies, has received orders from military customers totaling $2.77m over the past three months. The orders were for propulsion systems, generators and funded engineering activities.
16th June 2009
Satcon Technology Corporation has closed its public offering of common stock, announcing gross proceeds of approximately $23.3m.
15th June 2009
Hydrogenics Corporation, a developer and manufacturer of hydrogen generation and fuel cell products, has entered into an agreement with Canadian investment trust Algonquin Power, which will result in a non-dilutive financing to Hydrogenics with proceeds of approximately CAN$10.8m, or approximately CAN$9.3m net of transaction-related expenses.
10th June 2009
Hydrogen fuel cell technology company GreenChek Technologies, Inc. has retrofitted the Tianjin Sherma plant in Tianjin, China, to handle the production of the company’s ERD 2.0 machine.
10th June 2009
Satcon Technology Corporation, a provider of utility scale distributed power solutions for the renewable energy market, is to offer shares of its common stock in a $20,225,000 public offering, the company announced.
9th June 2009
Energy consumption is one of the leading drivers of operating expenses for both fixed and mobile telecom network operators, according to a new report from Pike Research. Reliable access to electricity is limited in many developing countries that are currently the high-growth markets for telecommunications. At the same time, many operators have adopted corporate social responsibility initiatives with a goal of reducing their networks’ carbon footprints, and network infrastructure vendors are striving to gain competitive advantage by reducing the power requirements of their equipment.
8th June 2009
GreenChek Technologies, a Californian provider of hydrogen-based technology for transportation, is to expand its operations into the Chinese market. GreenChek has agreed with Tianjin Kerlong management corporation to give the company a first right of refusal to purchase and distribute GreenChek’s emission-reducing device ERD 2.0 product in Hebei Province, China.
5th June 2009
GreenChek Technologies, a Californian provider of hydrogen-based technology for transportation, will enter the German marketplace in the first quarter of 2010, in conjunction with its distributor TESEL
4th June 2009
US fuel cell and energy storage company Valence Technology, Inc. and Chicago-based electric power company S&C Electric Company have signed a Memorandum of Understanding in which the two companies have agreed to work together to develop and evaluate products for stationary grid-connected electrical energy storage systems.
2nd June 2009
Protonex Technology Corporation, a provider of fuel cell power systems, received an additional $500,000 contract from the US Naval Research Laboratory for the development of fuel cell systems for unmanned aerial vehicles. The funding is an extension of an existing contract with NRL.
29th May 2009
San Francisco International Airport, is to install a hydrogen fueling station. The station will be open to drivers of fuel cell vehicles and will be used to fuel a fleet of SFO’s shuttle buses as well as the demonstration of San Francisco Municipal Transportation Authority’s hybrid transit bus which uses hydrogen fuel cell battery and low sulphur biodiesel technology.
28th May 2009
Ceres Power, a UK fuel cell company, has completed the design, construction and testing of 1KW grid-connected combined heat and power products in conjunction with British Gas under the Alpha phase of the CHP programme.
28th May 2009
Governor of California Arnold Schwarzenegger has gone on the road to highlight advances in fuel cell technology, in partnership with the California Air Resources Board (ARB), California Fuel Cell Partnership, National Hydrogen Association and U.S. Fuel Cell Council.
26th May 2009
UltraCell Corporation, a producer of fuel cells for mobile power applications, has received $3.8m in new funding.
20th May 2009
GrafTech International, a manufacturer of thermal management and fuel cell products, has appointed Randy Carson as independent director of the company’s board of directors.
20th May 2009
Clean electric transportation and storage technologies ECOtality, Inc. has announced revenue for the first quarter ended 31 March 2009 of $2.5m. ECOtality’s subsidiaries, which include Electric Transportation Engineering Corporation, Innergy Power Corporation and Fuel Cell Store, have combined positive operating income for the first quarter of 2009.
15th May 2009
Swedish company Morphic Exergy Fuel Cells has signed a distribution agreement with France-based Narbonne Associates for its Polaris fuel cell technology for SEK48m (£4.01m).
14th May 2009
Morphic Technologies, a Swedish engineering company, is reviewing its strategy for fuel cells through its board of directors.
James Hall-Smith of HSBC discusses the drivers behind the growth of the European renewable energy scene and the opportunities this affords to infrastructure investors and project financiers alike.
‘I think there is an increased interest from a corporate governance and sustainability perspective. This makes many institutions focus on this area. There is also a recognition of the drivers behind environmental infrastructure, from the fundamentals of creating the best opportunity to tackling climate change, whilst also looking to gain energy security and satisfy the social and political drivers.'--- 1 Comment
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