Enova Systems Announces FY2005 Results
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Quantum Fuel Invests in Battery Maker
URL: [sorry this link is no longer available] Website: [sorry this link is no longer available]
Americans Willing to Fight Global Warming
URL: http://www.fox23news.com/news/national/story.aspx?content_id=A54A1195-172C-4D9E-B434-32AFC02560A0 Website: http://www.fox23news.com/news/national/story.aspx?content_id=A54A1195-172C-4D9E-B434-32AFC02560A0
US Energy Department Ordered to Buy Alternative Fuel Vehicles
URL: http://www.ens-newswire.com/ens/mar2006/2006-03-31-09.asp#anchor4 Website: http://www.ens-newswire.com/ens/mar2006/2006-03-31-09.asp#anchor4
Bill Introduced in Congress Would Cap Carbon Emissions
U.S. Representatives Tom Udall, D-NM, and Tom Petri, R-WI, have introduced the “Keep America Competitive Global Warming Policy Act of 2006,” in an effort to put the United States on the road toward curbing global warming. Udall and Petri say that it is time for America to take steps to address global warming. “Our bill is modest, certain and efficient,” the Representatives said. “It begins to slow the growth of greenhouse gases, but minimizes the negative impacts to the U.S. economy.” In fact, they say, the legislation will spur innovation and keep America as a leader in global technology. “Having a policy to slow the growth of greenhouse gas emissions with the goal of first stabilizing and then ultimately reducing emissions would be a major and positive step forward.” The bill sets a prospective baseline for greenhouse gas allowances. This would base the number of allowances at the outset of the program on the level of emissions three years following the enactment of the legislation. By being prospective, it gives the regulated industries the ability to plan ahead and not prematurely retire capital stock. The Udall-Petri legislation includes a policy device known as a safety valve. The safety valve, initially […]
Medis Announces Fuel Cell Performance Breakthroughs
Medis Technologies Ltd. (NASDAQ:MDTL) has announced recent breakthroughs in its fuel cell technology that enable it to achieve new heights in the level of power and performance life from its proprietary fuel cells. Medis has already successfully tested prototype demonstrators of external power chargers for Notebook computers capable of providing over 15 watts and up to 12 volts of steady power over a period of 12 hours from a single fueling. This is a new platform with higher capabilities of power that allow the Company to address additional markets requiring even greater power than its present Power Pack product. Such new markets include laptops, Ultra Mobile PC (UMPC) products, as well as in-home and in-office VoIP power-up systems and stationery power for home use. This is a significant leap forward in power capability over its present disposable consumer Power Pack product for cell phones and other hand held devices which provides 1.3 watts and up to 5.6 volts and its military tablet Power Pack which provides 8 watts and 5 volts. “These new developments represent important extensions of the capabilities of our fuel cell technology,” said Robert K. Lifton, Chairman & CEO of Medis Technologies, Ltd. “We remain focused on […]
IMPCO Reports Q4 and FY2005 Results
IMPCO Technologies, Inc. (NasdaqNM:IMCO) has reported results for its fourth quarter and year ended December 31, 2005, reflecting contributions from the full consolidation of its BRC acquisition beginning in the second quarter of 2005. “Our focus in 2005 was on the integration of BRC, streamlining our business operations and on cost-reduction initiatives necessary to return the company to profitability. With these activities now nearing a close, we will bring a strict focus to our core business operations and markets. As we look forward, we see growing interest in our alternative fuel products driven by broad economic, political, and environmental initiatives on a global basis, and we look forward to capitalizing on the significant opportunities available to IMPCO as the company’s strategic plan is implemented,” said Mariano Costamagna, president and CEO. Revenues during the fourth quarter of 2005 increased 91.5 percent to $51.9 million from $27.1 million in the same period a year earlier primarily due to the addition of BRC revenues. The company reported a net loss for the 2005 fourth quarter of $0.5 million, or $0.02 per share, compared with a net loss of $17.9 million, or $0.96 per share, a year ago. Revenues for the year ended December […]
WorldWater Wins $1.9M Science Center Bid
WorldWater & Power Corp. (OTCBB:WWAT) has won a $1.9 million dollar bid award to design and install two solar electric systems at the Liberty Science Center, the most visited science museum in New Jersey. After signing the award letter, Connie Claman, Vice President of Resource Administration for the Center, said, “We all look forward to working with WorldWater & Power to implement the solar power program at the Liberty Science Center. This will be a particularly appropriate installation for the expanded Science Center and will provide great visibility to the benefits of solar power to the citizens of the regions.” One photovoltaic installation, a 122 kW unit, is to be mounted on the roof of the newly expanded Liberty Science Center facility and will face the Statue of Liberty as a symbol of clean, renewable energy. The other, a 105 kW installation, is a “Solar Walkway” that will lead from the bus parking lot to the center’s main entrance. Here, overhead solar panels will serve double-duty as a canopy to protect visitors from the elements while generating electric power from the sun. Both units are expected to substantially reduce the Liberty Science Center’s utility costs. Quentin T. Kelly, WorldWater & […]
Nova Energy Launches Biodiesel Fuel Company
Nova Energy Holding, Inc. (NVAO.OB) has launched a biodiesel company, headquartered in Houston, Texas. The company’s business strategy involves the design, engineering and construction of wholly owned biodiesel refineries in the United States, and the production and marketing of biodiesel fuel and glycerin. Nova Energy currently has two full-scale production facilities under construction, with a combined production capacity of more than 30 million gallons per year. Nova has $20 million under contract for the build out of these two facilities. “The propriety, patented processing technology Nova will employ to produce biodiesel gives the company a significant competitive advantage compared to biodiesel industry standards. We can produce a cleaner, higher-quality fuel at a lower cost, from a broader variety of commonly available feedstocks,” said Ken Hern, Chairman and Chief Executive Officer for Nova. “Our team includes former presidents and CEOs from the world’s biggest oil companies. More importantly, we have the strongest technical staff in the industry. This high quality group of engineers is led by Dick Talley, a recognized expert in biodiesel. It’s a team of partners, not employees.” In addition, the company has entered into agreements with several large food processing companies with commitments for the supply of large […]
Zoltek Gets Expansion Grant from Hungarian Government
Zoltek Companies, Inc. announced the Hungarian Government government has pledged a grant to turn Zoltek’s facility 30 miles west of Budapest “into the world’s largest carbon fiber production facility.” Through the expansion, Zoltek is committed to adding 600 new employees in Hungary over the next few years. The Hungarian Government grant of 29 billion HUF (approximately $14.5 million) will be used to modernize its facility, establish a research and development center there, and support a rapid buildup of manufacturing capacity for both acrylic fiber precursor raw material and carbon fiber. By the end of 2009, Zoltek expects rated annual carbon fiber production in Hungary to reach at least 8,000 tons (18 million pounds), compared to 800 tons (2 million pounds) at the beginning of 2005. Since becoming a public company in 1992, Zoltek has focused on a mission of “commercializing” carbon fibers — by reducing the cost and price of this high-performance, space-age material and producing it in the quantities needed to encourage widespread adoption in emerging applications. Zoltek believes that it has been a catalyst in turning carbon fiber into the key enabling material for achieving breakthrough levels of performance in a variety of recently developed applications, including wind […]
