Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (PV) cells and modules in China, announced the closing of Hanwha Chemical Corporation’s strategic investment in Solarfun. According to the terms of the agreement, Hanwha Chemical purchased 36,455,089 ordinary shares from Solarfun at a price of RMB14.51 (US$2.144) per ordinary […]

LG Chem Ltd. announced that it has signed a formal deal to supply lithium-ion batteries for electric vehicles made by Renault SA beginning in 2011. The deal with Renault SA increases the number of companies supplied with batteries by LG Chem to nine, including Hyundai Motor Group and Volvo Cars Corp.. The company will reportedly […]

FSP Technology, a Taiwanese power supply manufacturer, has reported record revenues of NT$1.553 billion (US$50.525 million) for September 2010, pushing its third-quarter revenues to NT$4.482 billion to set a new quarterly record. The company credited the strong results to improvements in product mix, but remains reserved regarding the current quarter since most orders received are […]

The Distributed-power Open Standards Alliance (DOSA) recently approved specification standards for the “Third Generation, High Density, Non-Isolated MICRO converter” for the MICRO (11.4 x 20.3mm) format. The third generation standard is based on the addition of new interconnects and enlarging existing power pads to enable higher density, new features and digital communication while maintaining the […]

TOKO, Inc., a developer/manufacturer of electronic components focused on coil-based products, is demonstrating a self-developed wireless power supply system. According to the company, wireless power supplies offer many advantages, including convenience, reliability, waterproofing property and dust prevention. This technology has found widespread applications in various fields, particularly cordless phones. TOKO has shipped a cumulative total […]

C&D Technologies, Inc. announced that the New York Stock Exchange has commenced suspension procedures for the company. The New York Stock Exchange in its October 4, 2010 press release stated, “The decision to suspend the company’s common stock was reached in view of the fact that the company has fallen below the New York Stock […]

Azuray Technologies, which has been in stealth mode, announced that it is collaborating with Suntech Power Holdings Co., Ltd. to explore “smart panel” solutions aimed at bringing greater solar energy generation to new solar installations. The new smart panel technology will draw on Azuray’s maximum power point tracking (MPPT) dc-dc technology, which yields up to […]

IBM added new software and services to its portfolio of solutions aimed at creating sustainable enterprises and smarter urban infrastructures. The new offerings, piloted in-house by IBM, help owners and managers of commercial buildings leverage the latest efficiency technologies and compliance systems to deliver economic, operational and environmental benefits. IBM also announced that Autodesk has […]

Ocean Power Technologies, Inc. announced that the US Navy has awarded $2.75 million in additional funding to OPT for a second stage under its existing contract to provide an autonomous PowerBuoy® wave energy conversion system for the Navy’s near-coast anti-terrorism and maritime surveillance program. The new award follows the successful completion by OPT of the […]