Stuart Energy Systems Corp. (Toronto:HHO.TO - News) said on Monday it would acquire privately held Vandenborre Technologies NV of Belgium in a cash and share deal expected to be worth about C$28 million ($18million).

In a release, Stuart said it will pay about C$9.9 million in cash and 7.3 million in common  shares for Vandenborre. The total value of the transaction will  depend on Stuart's share price on the closing date. Stuart  shareholders will vote on the  deal in February or March, the company said. 

General Motors will conduct the first commercial test of a liquid hydrogen-powered fuel cell vehicle in Japan starting in June, using it for a delivery service by Federal Express Corp. 

For the one-year test drive in Tokyo's business area, GM will supply FedEx with the HydroGen3 free of charge. 

GM will collect and analyze the data from FedEx to determine how its fuel cell vehicles operate under  real-world commercial driving conditions. 

GM will contribute those results as part of its participation in the Japan Hydrogen and Fuel Cell   Demonstration Project, led by the Japanese government. 

Mechanical Technology Inc. (Nasdaq: MKTY - News) and First Albany Companies Inc. (Nasdaq: FACT - News) today announced the completion of a share exchange transaction.

As part of the agreement to exchange 8 million shares of  Mechanical Technology common stock owned by First Albany for 2,721,088 shares of Plug Power, Inc. common stock (Nasdaq:  PLUG - News) owned by Mechanical Technology, First Albany agreed not to sell its remaining shares of Mechanical Technology for two years. After the exchange, First Albany will own 3,091,040 shares of Mechanical Technology and Mechanical Technology will own 8,108,227 shares in Plug Power. 

Placer Dome's commitment to sustainable development ensures we are continuously
 looking for new technologies to develop environmentally responsible mining practices.
 We recently tested the world's first fuel cell-powered underground mining vehicle at
 our Campbell mine in Ontario. Click on the link below to learn more about this exciting
 initiative:     

Gasoline: the non-renewable, environmentally unfriendly, politically unstable fuel that's powered our personal transportation for over a hundred years.  In the 70's we awoke to gasoline's limitations and liabilities  which brought on a rush of innovation from electric battery powered cars, to solar designs.  Today as global unrest again focus's our attention on alternative energy, automakers are investing in hydrogen?powered 
 fuel?cell technology.  

Since 1994 when the first of the DaimlerChrysler NECAR (New Electric Car) vehicles debuted, the company has continued to miniaturize fuel cells and  cut weight so that a practical no-emissions car could be built. 

The NECAR 1 was a full-size delivery van that could carry only two persons and no cargo because the fuel cell machinery took up all the available space. 

Federal Express Corporation ("FedEx Express") and General Motors Corp. ("GM") announced a joint program to  advance fuel cell technology by conducting the first commercial test of a fuel cell vehicle in Japan.

FedEx Express will participate in GM's HydroGen3 fuel cell testing program for one year by operating the HydroGen3 on its normal delivery schedules in the Tokyo area from June 2003 to June 2004. GM's HydroGen3 is the first fuel cell vehicle fueled with liquid hydrogen to run on public roads in Japan.

GM will collect and analyze the data gained from the FedEx Express operation to determine how its fuel cell vehicles operate under demanding, real-world commercial driving conditions. GM will contribute these results as part of its participation in the Japan Hydrogen and Fuel Cell Demonstration Project.

The SAE publication, Off-Highway Engineering asked readers to select the TopTechnologies of 2002. 

With  Countries around the world aiming to cut greenhouse-gas emissions, one would think things would be looking up for a company on the verge of commercializing a nonpolluting car engine.

Instead, Ballard Power Systems Inc. is chopping 400 employees, or nearly 30% of its work force, cutting development spending and seeking buyers for parts of its business. Even by Ballard's own reckoning, profitability is still five years off, which means it has to conserve cash, develop other revenue streams and persuade investors to stay the course until its engine technology becomes commercially viable

Pretend it's 2004.

You've waited years for Mechanical Technology Inc. to release a tiny fuel cell that could power your laptop for weeks, not hours. And now that it's finally here, you're ready to take it on a cross-country flight and watch a DVD or two. But not until the Federal Aviation Administration gives you the say-so, you don't.                   

Apollo’s first 2.5 kW stationary power plant was installed at Hydrolec, Inc. of Jacksonville, Florida on December 14, 2002. The unit was designed to provide lighting to the plant in case of grid failure.

Plans are to install a 10 kW stationary power plant at Hydrolec in January, 2003 capable of operating a  hydraulic elevator power system. When there is a grid failure, elevators are often stuck between floors and
passengers are sometimes stranded for hours, or even days in some Third World countries. An Apollo Power
Plant, used as emergency electrical backup, will keep elevators running independent of the grid.