First Hybrid Fuel Cell Vehicle Goes on Sale from ZAP
ZAP (ZAPZ) unveiled a hydrogen fuel cell powered pickup as well as a new lithium battery technology at the Consumer Electronics Show. ZAP is forming a new division of the Company to focus on advanced energy technologies alongside its efforts to market advanced transportation. ZAP's fuel cell technology partner, Anuvu Incorporated, converted the Nissan Frontier 4-door pick-up truck on display at CES. An innovative hybrid fuel cell system powers the vehicle on hydrogen and electricity.
Zap to Unveil Lithium Battery for Laptops at CES in Las Vegas
ZAP (ZAPZ) is at the Consumer Electronics Show in Las Vegas to unveil its new battery system to one of the world's largest events for the electronics industry. A pioneer in electric cars, scooters, bicycles and other advanced transportation technologies, ZAP is establishing an energy division for the advanced energy technologies it has been developing for cars and packaging it for the electronics industry.
Electro Energy Receives Approval for NASDAQ SmallCap Market Listing
Electro Energy Inc (EEEI) announced it has received approval for listing on the NASDAQ SmallCap Market. The company's common stock is expected to begin trading on the NASDAQ SmallCap Market on December 31, 2004 under the symbol "EEEI."
2005 U.S. Energy Department Budget Provides for $2 Million for Continuation of Development of...
Electro Energy Inc (EEEI) announced that the Fiscal Year 2005 budget for the U.S. Department of Energy, signed earlier this month by President George Bush, provides $2 million for the continued development of bipolar nickel- metal hydride batteries for energy storage applications. "The funding provided by the U.S. Congress in the 2005 DOE budget will allow us to continue the development of batteries for utility energy storage applications, including power regulation, and bulk energy storage..." stated Martin Klein, Electro Energy's CEO. "This source of funds is a significant complement to the funds we have raised in our recent...
Active Power Ships First CleanSource XR Unit
Active Power Inc (ACPW) announced the shipment of its first CleanSourceÂ® XR evaluation unit to one of the largest producers of electricity in the United States. The CleanSource XR unit will be tested under a variety of conditions for both backup power and load-shifting applications. CleanSource XR stores energy in the form of heat and compressed air. When power is needed, the compressed air is routed through a thermal storage unit to acquire heat energy. The heated air spins a simple turbine-alternator to produce 5 to 85 kW of electric power for up to several hours. Unlike commonly...
BCON up over 147% today
Beacon Power Corp (BCON) was up over 147% at the close today. This move was primarily based on two project wins. One with the New York State Energy Research and Development Authority and the other with the California Energy Commission. The projects would have Beacon Power provide grid frequency regulation and reactive power by utilizing its flywheel energy storage system. The final terms and conditions of the projects have not been disclosed.
Beacon Power Delisting Stayed by Nasdaq
Beacon Power Corp (BCON) announced that on November 17 it received a letter dated November 16, 2004 from the Nasdaq Stock Market, stating that the Nasdaq Listing Qualifications Panel has granted the Company an additional 180 days to regain compliance with marketplace Rule 4310(c)(4). What this means is that Beacon is going to do everything in its power to get the stock price back above $1. They had a nice run up to .80 in October but have since fallen back down to the .40 range. Shares in BCON are up 10% today on this reprieve.
Active Power Receives Order for First Parallel Multi-Megawatt UPS System
Active Power Inc (ACPW) announced that it has received its first order for two multi-megawatt systems in a parallel configuration. With this order, the total number of megawatt UPS systems sold is now eleven, with eight of these sales occurring in the last 4 months. Active Power's products are a proven alternative to problematic battery-based systems. CleanSource flywheel technology uses the kinetic energy from a constantly spinning steel flywheel to eliminate the need for lead acid battery-based systems.
Active Power Unveils Revolutionary New Technology
Active Power Inc (ACPW) announced the details behind its latest breakthrough in alternative energy storage. The new technology, based upon the innovative combination of several mature technologies, constitutes a monumental achievement in energy storage by providing the extended runtimes of lead-acid batteries without any of the well-known shortcomings of these cells. This Thermal and Compressed Air Storage (TACAS) technology will be incorporated into Active Power's newest product that will begin shipping as an alpha unit late this year, the CleanSourceÂ® XR.
Active Power Achieves 2-Hour Runtime Milestone
Active Power Inc (ACPW) announced that it successfully operated a prototype of its new battery-free energy storage system at 10 kilowatts (kW) for over 2 hours, a milestone that positions the new product well for the telecommunications segment. "The runtime of this prototype system is already 60 times that of our flywheel product and yet offers the same battery-free benefits," stated Joe Pinkerton, Chairman and CEO of Active Power, Inc. "A battery-free system that provides hours of backup time will allow Active Power to pursue the $4 billion telecommunications backup power market."
Australian inventor makes engine that runs off air
An Australian inventor claims to have made the world's first commercially-viable motor vehicle powered by compressed air. The vehicle is being tried out by contractors in Melbourne's parks and gardens over the next 12 months as an alternative to conventional diesel or petrol engines.
Ener1 And Delphi Sign LOI To Form Lithium Battery Joint Venture
ENER1 INC (ENEI) and Delphi Corp. (DPH), today entered into a non-binding letter of intent to create a joint venture to leverage their combined expertise in lithium batteries. Delphi and Ener1 will be negotiating definitive agreements and conducting due diligence in the coming weeks. "The combination of Ener1's vapor deposition process and its nanotechnology for production of high-rate, low-cost lithium batteries with Delphi-developed high energy capacity technology would allow the venture to have a key advantage in penetrating its target lithium battery markets," — Kevin Fitzgerald, Ener1's CEO. ENEI is up over 14% on this news...
Electro Energy and In-Q-Tel Announce Strategic Relationship and Development Agreement for Bipolar Lithium Battery...
Electro Energy Inc (EEEI) and In-Q-Tel, a private not-for-profit venture group funded by the Central Intelligence Agency, today announced the establishment of a strategic relationship, including a technology development agreement. In-Q-Tel's mission is to identify and invest in companies developing cutting-edge technologies that serve United States national security interests. This means that they like what they see with this next generation battery technology.
New Arotech Technology Allows Electric Bus to Run on Commercially Available Zinc
Arotech Corporation (ARTX) announced today that its Electric Vehicle unit has developed technology that will allow its zinc-air batteries to use commercially available zinc, eliminating the need for the special dendritic zinc used to date. Arotech's technological breakthrough for utilizing readily available zinc will boost commercialization plans for the zinc-air hybrid bus, which until now required heavy investments in zinc producing infrastructure.
Arotech Zinc-Air Battery Named One of the US Army’s ‘Great Inventions of the Year’
Arotech Corporation (ARTX) announced today that the BA-8180 Zinc Air battery developed by Arotech's Battery and Power Systems Division - has been designated as one of the "Greatest Army Inventions" of the past year. The ten winning teams will be recognized June 23 by the U.S. Army Research, Development and Engineering Command. Arotech is primarily a defense contractor. However, they are a lead contractor for the Military looking at Alternative Energy resources.
How the Hydrogen Economy Works
One of the major movers in the Alternative Energy sector are stocks that pertain to Hydrogen production and conversion into energy. You can learn more about the Hydrogen economy at the excellent How Stuff Works website using the following link: How the Hydrogen Economy Works.