Alternative Energy Stocks

UTC Fuel Cells, a business of United Technologies Corporation (UTX), today announced changes to its long-standing relationship with Toshiba. Under the terms of the agreement, UTC Fuel Cells will purchase Toshiba's 10 percent ownership interest in UTC Fuel Cells, and Toshiba will purchase UTC Fuel Cells' 49 percent interest in Toshiba International Fuel Cells (TIFC). UTC Fuel Cells manufactures the PureCell 200(TM), a phosphoric acid fuel cell (PAFC) stationary power unit, and develops proton exchange membrane technology (PEM) fuel cells to power cars and buses. UTC Fuel Cells also is developing PEM for stationary power plants. Toshiba is...

  Honda Motor Co (HMC) and Plug Power Inc (PLUG) announced that they have began successful operation of the second-generation Home Energy Station (HES II) located at Plug Power's corporate headquarters in Latham, New York. HES II is the further evolution of a joint development effort by Honda and Plug Power to produce a home refueling unit that provides hydrogen from natural gas for vehicle refueling, heat for domestic hot water use and electricity for the home. Testing of the HES II system will be done in conjunction with demonstration of Honda's 2005 FCX...

Energy Conversion Devices Inc (ENER) announced that it has signed a multi-year agreement with Biohaus PV Handels GmbH for sale of up to 9.6 MW of photovoltaic (PV) laminates. Biohaus will incorporate the UNI-SOLAR® BIPV laminates with its proprietary panel design to address Germany's expanding grid-connected PV market. Using United Solar Ovonic's thin-film amorphous solar laminates, these thin-film products will be the highest rated peak power modules available on the German market.

Caterpillar Inc. (CAT), Fuelcell Energy Inc (FCEL) and the city of Westerville, Ohio have reached an important milestone, bringing on-line one of the first utility-scale fuel cell power plants in North America that will feed power to consumers from a substation. The 250-kilowatt (kW) DFC power plant creates the hydrogen it needs from a readily available fuel, natural gas. The unit is manufactured by FuelCell Energy and distributed by Caterpillar through its dealer Ohio Cat. The fuel cell power plant is located at Westerville's electric substation #2, and when fully operational it will produce enough energy to...

Hydrogenics Corp (HYGS) has sold a light weight 5kW hydrogen/oxygen Proton Exchange Membrane (PEM) fuel cell stack to the NASA Glenn Research Center, which will use it in an experimental closed cycle hydrogen-oxygen regenerative fuel cell. This type of system can be used for energy storage in places where oxygen is not easily available, such as very high altitude, space or underwater environments. NASA will use this stack as part of its research program to understand how the regenerative fuel cell will operate in future aerospace applications.

Honda Motor Co (HMC) announced the delivery of a Honda FCX, the world's most advanced hydrogen-powered fuel cell vehicle, to the city of Chula Vista. The city of Chula Vista will lease the vehicle for a period of two years and will operate the FCX on a regular daily basis as part of their normal operations. The FCX will be refueled at a publicly accessible hydrogen station already operated by the city on their property. The placement of this FCX in tandem with the public accessibility of hydrogen fuel expands the geographical range for some of Honda's existing...

Hydrogenics Corp (HYGS) announced that it has secured a follow-on order for 25 Fuel Cell Power Modules. These HyPM® 10kW power modules will be incorporated into back-up power products for one of the world's largest suppliers of uninterruptible power. Hydrogenics expects to deliver two units in 2004 and the remainder throughout 2005. More positive news from HYGS. As we head towards the close today HYGS is still down about 8% on 10x normal volume because of the takeover news. I did purchase more this morning.

Air Products and Chemicals Inc (APD) hydrogen fueling technology was an integral part of an historic event today as Shell Hydrogen officially opened North America's first-ever hydrogen filling station at an existing retail gasoline site in Washington, D.C. The Benning Road demonstration project makes Shell the first energy company in North America to provide the environmentally friendly fuel at a consumer retail site, alongside conventional fuels. Initially, it will provide fuel for six GM Hydrogen 3 fuel cell vehicles participating in this Shell-General Motors partnership demonstration project.

Internal Hydro International Inc. (IHDR) announces that the Company has entered into a purchase agreement with El Tigre Development Inc. (ETIG) for the purchase of 100 Energy Commander Units. The purchase price of the 100 units will be $2,250,000.00 for placement by ETIG in the United States and elsewhere. The agreement calls for IHDR and ETIG to share in revenue generated from each unit beyond the purchase price. The Energy Commander technology uses IHDR's patented low impact hydro technology utilizing water or gas flow from any source where pressure is present. The technology uses water or gas pressure...

Hydrogenics Corp and Stuart Energy Systems Corp (SRNYF) announced today that they have entered into an agreement whereby Hydrogenics has agreed to make a share exchange take-over bid to acquire all of the issued and outstanding common shares of Stuart Energy at an exchange ratio of 0.74 Hydrogenics shares for every one Stuart Energy share. This offer represents an indicative price to Stuart Energy shareholders of approximately Cdn.$4.14 per share based on the November 9, 2004 closing share price on the TSX of Cdn.$5.59 per Hydrogenics' share. The total transaction value is expected to be approximately Cdn.$155...

I stumbled onto an Alternative Energy Gadget site today. I personally love gadgets and frequent some of the well known sites like Engadget, Gizmodo, and Cool Tools. I just added Treehugger.com to my list of daily gadget reads. The article that sparked my attention is the review of the Power House from Mindware. This project looks like an great way to introduce my daughter into the world of Alternative Energy.

Fuelcell Energy Inc (FCEL) announced the siting of a 250-kilowatt Direct FuelCell® (DFC®) power plant to operate on anaerobic digester gas from a food recycling facility at the Tokyo "Super Eco Town" Project in Japan. Marubeni, Asian partner of fuel cell developer FuelCell Energy, will supply the power plant to Bioenergy Co. of Japan who will own and operate the unit. The DFC power plant will provide approximately 50 percent of the facility's base load electricity requirements, and the heat will be converted to process steam for the recycling operations. Shipment is expected in the first half of calendar...

FPL Group Inc (FPL) announced that it is working in cooperation with the Electric Power Research Institute (EPRI) and the state's Tomoka Correctional Institution to study microturbine energy technology. The project places a microturbine at the Tomoka Correctional Institution in Daytona Beach. Microturbines are small combustion generators that efficiently create heat and electricity on-site, conserving grid power. About the size of a refrigerator, the natural gas fueled microturbine at Tomoka has extremely low emissions of smog-forming NOx and other pollutants compared to other energy sources. The Tomoka project is grid-connected to FPL's electric system. It will heat water...

Mechanical Technology Inc (MKTY) has been named Business Leader in the Energy category for pioneering work commercializing its Mobion(TM) micro fuel cell technology for the portable electronics market. The Mobion(TM) cord-free rechargeable micro fuel cell is based on a number of MTI Micro breakthrough discoveries, covered by numerous patents (either granted or in application), enabling effective miniaturization of a greatly simplified fuel cell system of high energy density. MTI Micro's proprietary Mobion(TM) power pack technology is being designed to deliver extended run-time and instant re-charge benefits for powering a broad array of future portable electronic devices.

Plans to produce the first consumer-ready fuel cell scooter got a significant boost Thursday when Parker Hannifin Corp., which makes industrial and aerospace systems and products, said it is investing in Vectrix Corp., a maker of electric scooters. Parker already had a 50% ownership stake in the company back in March of 2003. The terms of this new investment have not been disclosed. The Vectrix scooter was last mentioned here during its debut back in August.

Privately held NanoDynamics announced that the company introduced its ground-breaking new portable solid oxide fuel cell at the 2004 Fuel Cell Seminar Exhibition in San Antonio, Texas earlier this week. "We are very excited to have introduced the Revolution(TM) 50 at this conference," commented David Bothwell, Director of NanoDynamics' ND Energy. "For the past two years, the Company has been working to create a powerful combination of nanomaterials and novel cell design to demonstrate the power of nanotechnology. The resulting fuel cell system is lightweight, portable, compact and can be operated using conventional hydrocarbon fuels, such as propane....