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SatCon Receives $2.8M Fuel Cell Inverter Orders

SatCon Technology Corp (Nasdaq CM: SATC), a developer of power management and system architecture solutions for the alternative energy and distributed power markets, has received an order for over $2.8 million from FuelCell Energy, Inc. (NasdaqNM:FCEL). The order is for SatCon’s PowerGate® inverters and electrical balance of plant equipment. The inverter power system will be used on FCEL’s megawatt-class fuel cells. Delivery is scheduled over the next four to nine months. “This order represents a clear sign that fuel cell power plants are a commercial reality”, said Clemens van Zeyl, President of SatCon Power Systems. PowerGate(TM) inverters are designed for use with alternative energy power systems to generate distributed electrical power. Alternative energy systems can alleviate congestion on highly loaded utility electrical distribution networks and offer an alternative to power line extensions in remote areas. Many alternative energy power systems require high-power, high-reliability inverters and controls to convert the power generated to useable AC power compatible with the electric power grid. Website: http://www.satcon.com     

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Google Converts to Plug-in Hybrids

Google is converting its growing fleet of hybrids into Plug-ins. The vehicles wil be converted by installing Hymotion’s Battery Range Extender Module (BREM), powered with A123Systems’s Nanophosphate(TM) lithium ion batteries. A123Systems developed its proprietary doped Nanophosphate chemistry with the assistance of the Department of Energy FreedomCar program and has received more than $102 million in private investment. “Our automotive class cells are designed to cost-effectively address the specific requirements of automotive manufacturers today, including power and energy density, durability, and safety, that have hindered the development of market-ready PHEVs in the past,” said David Vieau, president and CEO of A123Systems. “Google’s efforts will accelerate progress in the PHEV market and provides us with another way to demonstrate commitment to the future of transportation, prove the efficiency of our cells, and ultimately speed these vehicles to market.” The company’s PHEV optimized M1HD technology offers superior calendar and cycle life at high depth-of-discharge, as well as excellent power density for charge-sustaining operation. Additionally, the cells leverage the company’s existing low-cost, high-volume manufacturing techniques to offer the hybrid and plug-in hybrid vehicle industries a new level of price-performance. Hymotion, recently acquired by A123Systems, is the leading fabricator of aftermarket plug-in hybrid conversions. The […]

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DOE to Provide $60M for Solar Research

The U.S. Department of Energy (DOE) announced it will provide nearly $60M to increase the use of solar power. $2.5 million will go to Solar America Cities cooperative agreements, in which thirteen selected cities will receive awards to promote increased use of solar-powered technologies throughout each city; the issuance of a Funding Opportunity Announcement (FOA) for up to $30 million for universities to research near-term improvements in solar products; and the competitive selection of ten cost-shared Photovoltaic (PV) Module Incubator projects that will receive up to $27 million in DOE funding over 18 months. The 2007 Solar America Cities are: Ann Arbor, MI; Austin, TX; Berkeley, CA; Boston, MA; Madison, WI; New Orleans, LA; New York, NY; Pittsburgh, PA; Portland, OR; Salt Lake City, UT; San Diego, CA; San Francisco, CA; and Tucson, AZ. DOE will provide $2.5 million in financial assistance to the 13 competitively selected, cost-shared, two-year projects. DOE will provide hands-on assistance from technical and policy experts to help cities integrate solar technologies into city energy planning, zoning, and facilities; to streamline city-level regulations and practices that affect solar adoption by residents and local businesses; and to promote solar technology through outreach, curriculum development, and incentive programs. […]

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