ECD Ovonics Subsidiary Awarded Biofuel Reformation Contract by Xcel Energy

Energy Conversion Devices, Inc. (ECD Ovonics) (Nasdaq: ENER) announced that its subsidiary, Ovonic Battery Company, Inc., has been awarded a $900,000 contract by Xcel Energy, Inc. to develop its Ovonic proprietary Biofuel Reformation technology. The two-year, cost-shared technology development contract will support Ovonic Battery’s research and development of a new process for reforming renewable fuels, such as bioethanol and biomethanol, to produce hydrogen for the production of clean energy. In this fundamentally new approach patented by ECD Ovonics, the temperature of reforming biofuels into hydrogen gas has been dramatically reduced. The reforming process can thereby become potentially simpler and cheaper, both in operating cost and capital investment. The program will transfer this process from research to pilot level, examining the commercialization feasibility from both a technical and an economic perspective. Website: [sorry this link is no longer available]     

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International Rectifier Opens Manufacturing Facility in China

International Rectifier,(NYSE:IRF), a leader in power management technology, opened its new manufacturing facility in Xi’an, China, on October 13. The new assembly and test facility will manufacture power management components needed to support the world’s growing requirement for power supplies and intelligent motion control. Walt Lifsey, IR’s executive vice president of Operations, said, “The electronics manufacturing industry is growing rapidly in China as is International Rectifier’s customer base in the region.” The new site is located in the Chang’an Technology Park in Xi’an’s High Technology Industrial Development Zone. In addition to the new manufacturing facility, the Company maintains design and applications centers in Xi’an, a trading company in Shanghai, and multiple sales offices throughout China. International Rectifier operates facilities in 19 other countries throughout North America, Europe and Asia. Its headquarters are located in El Segundo, California. International Rectifier’s analog and mixed signal ICs, advanced circuit devices, integrated power systems and components enable high performance computing and eliminate energy waste from motors, the world’s single largest consumer of electricity. Website: http://www.irf.com     

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