PolyFuel Receives Award from the World Economic Forum

PolyFuel Inc. has been chosen as a 2005 Technology Pioneer by the World Economic Forum. Technology Pioneers are selected for developing and applying the most innovative and transformational technologies worldwide. This year's honorees are at the leading edge in fields such as nanotechnology, drug development, renewable energy and wireless technology, and have the potential to significantly impact business and society. PolyFuel, which is a leader in engineered membranes for fuel cells, has pioneered technology that has the potential to change both the economics and the performance characteristics of fuel cells for portable devices and for automobiles. PolyFuel's technology, a sophisticated film of "plastic" that is the heart of the fuel cell — and dictates its performance — is a breakthrough. The membrane uses a new chemistry, based on hydrocarbons, instead of an older one based upon fluorocarbons — used in most commonly available membranes until now. Polyfuel received other recognition this year as well. It received a grant from the US Department of Energy to work on a portable fuel cell application alongside Intel Corporation, and from Frost & Sullivan, which named the company's technology "Enabling Technology of the Year for 2004 for Power Supplies and Batteries." To date, PolyFuel […]

Read More

Renewable Energy Business Alliance Forming

Geothermal, biomass, wind, and solar energy producers met in Washington, D.C. last month to discuss forming a new alliance. With more common interest in issues like federal tax credits, the groups discussed how to work more effectively together. The major companies and trade organizations represented have agreed to form a "Renewable Energy Business Alliance" to act as the voice for the renewable power businesses in Washington. GEA, AWEA, SEIA, and USA Biomass Power Producers Alliance are among the trade groups expressing interest in joining the new alliance.

Read More