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March 15 - March 23 2003
INSIDE THE INDUSTRY-A weekly re-cap of Fuel Cell related stories

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

Opening of Iceland's first Hydrogen fuel station

Iceland's first hydrogen fuel station will be inaugurated in Reykjavik as part of event for the 'making hydrogen available to the public' conference to be held in Reykjavik from 24 to 25 April.



Masterflex shows first prototype of a 50 watt mini fuel cell

Masterflex AG will show the first prototype of a 50 watt mini fuel cell based on hydrogen at the international IT and communication fair CEBIT in Hannover from March 12 to 19, 2003.

Masterflex’s fuel cells supply power to notebooks, printers and other devices linked with mobile office solutions on a fully independent basis. Our associated company DICOTA will be among the first companies supplied with this innovative technology. Our fuel cells offer reliable power solutions for various areas of application that cannot be achieved by traditional rechargeable batteries. One of the advantages of fuel cells is their modular design opening new fields of application.

Related Article with Pictures


Nanocubes Store Hydrogen Thanks to a Special Surface

The shiny surfaces of BASF's nanocubes as seen under the electron microscope don't promise too much. 

These futuristic structures based on metalorganic compounds have a lot to offer. Their three-dimensional lattice structure has numerous pores and channels, making nanocubes an ideal storage medium for hydrogen. As little as two grams of the material has an internal surface that corresponds to the area of a soccer pitch. The term nanocubes is justified because although the outer edges of the cubes measure a few micrometers, the inner structure is in the nanometer range. 

Hydrogen is a possible source of energy for miniature fuel cells that might power mobile electronic devices such as laptops or cell phones in the future., Researchers at BASF are using nanocubes to solve problems in storing the gas.



Bellona holds Hydrogen workshop at the European parliament 

The Bellona Foundation was founded on June 16th 1986. It is a science-based, technology-optimistic and society-oriented environmental NGO, which holds professional competence in: nuclear physics, chemistry, biology, energy, economy, law and social studies.



Millennium Cell Receives Patent on System for Hydrogen Generation

EATONTOWN, N.J.--(BUSINESS WIRE)--March 18, 2003--Millennium Cell Inc. (NASDAQ: MCEL - News), a leading technology company that has created a proprietary technology to safely store, generate and deliver pure hydrogen, was awarded Patent No. 6,534,033 today by the U.S. Patent and Trademark Office covering the core technology of its Hydrogen on Demand(TM) hydrogen storage and generation system.



INTERVIEW: WestLB Bets Fuel Cells Japan's Next Megahit

TOKYO (Dow Jones)--Instead of relying on more high-tech gadgets that consume energy, the next hit product for Japanese electronics makers may be gadgets that generate energy, a Tokyo-based consumer electronics analyst predicts. 

Asian rivals may be closing the gap on memory chips and computer displays, but Japanese companies remain pioneers in fuel cells, which could become cash cows from the end of the decade, says Kun Soo Lee, senior analyst at WestLB Securities Pacific. 

Fuel cells produce electricity, without generating pollutants, via an electrochemical reaction that uses oxygen and hydrogen. The market for micro fuel cell systems to power notebook computers and mobile phones, and stand-alone fuel cell generators that provide power and heat to the home should take off by 2010, Lee says. 

"In 40 to 50 years, I expect most people will be using stand-alone generators" that can be installed at homes and offices as needed, he said. Along the way, fuel cells may take on the same importance for Japanese makers that oil has for Saudi Arabia, Lee says. 

That may sound like an overstatement, but Japanese companies already hold key fuel cell patents and are expected to lead the world in this lucrative market, Lee said. 

Among the leading Japanese fuel cell developers are Sanyo Electric Co. (SANYY or 6764), Sony Corp. (SNE or 6758), Casio Computer Co. (J.CAS or 6952), NEC Corp. (NIPNY or 6701), Hitachi Ltd. (HIT or 6501) and Matsushita Electric Industrial Co. (MC or 6752), Lee said. 

The two kinds of fuel cell systems will become widely available by around 2006, ahead of similar technology being developed for automobiles, the analyst said. 



Global Thermoelectric Inc. Comments At The Request Of The Toronto Stock Exchange

 At the request of the Toronto Stock Exchange, Global Thermoelectric Inc. ("Global" or the "Company") today announced that it is in discussions with another party regarding a possible business combination. There can be no assurance that any transaction will be completed. Global will report any material developments if and when they arise.



Enova and Hyundai Heavy Industries Form U.S. Research and Development Center
 
Enova Systems, Torrance, California (OTCBB:ENVA - News) announced today that it has signed a joint venture agreement with Hyundai Heavy Industries, Co, Ltd. (HHI) to create an advanced technology corporation (ATC) for research and development. The new entity will be initially based at Enova's Torrance, California headquarters.

The technology center's mission will be to advance current technologies of Enova and HHI, and to create new intellectual property and products. The ATC will pursue research and development projects in advanced power management and conversion programs for mobile and stationary power applications.


Over 500000 Fuel Cell Cars Worldwide by 2010 
Stuttgart (dpa) - More than half a million cars in the world will be powered by fuel cells by the year 2010, a top DaimlerChrysler executive predicted Thursday, while calling for greater cooperation among carmakers in future technology efforts.
 "It would be a breakthrough if we succeeded having that many cars on the roads in 2010," said company executive Thomas Weber. He said DaimlerChrysler is to invest one billion euros (1.06 billion dollars) in the fuel cell technology.
Cummins Westport receives funding commitment for hydrogen-natural gas bus engine trials  

Cummins Westport Inc., a joint venture of Cummins Inc. (NYSE:CUM) of Columbus, Indiana and Westport Innovations Inc. (TSX:WPT) of Vancouver announced today it is part of a team led by SunLine Services Group that has received a $770,000 (US$476,000) funding commitment
for a bus engine field trial using a hydrogen-natural gas fuel blend.


SunLine Services Group is part of SunLine Transit Agency of Thousand Palms, California. SunLine provides transit and other services for a community of approximately 320,000 in the Coachella Valley, 120 miles east of Los Angeles. The U.S. Department of Energy's National Renewable Energy Laboratory and California's South Coast Air Quality Management District (AQMD) are each providing approximately $385,000 (US$238,000) for the project. Approximately 46% of the funding will be used by Cummins Westport for equipment and engine
testing.


"The goal of the project is to verify that hydrogen-natural gas fuel blends can be used under normal work conditions while reducing pollution, greenhouse gas emissions and dependence on fossil fuels," said Barry Wallerstein, Executive Officer, South Coast AQMD. "It will also help pave the way for a hydrogen fueling infrastructure needed for fuel cell vehicles in the
future."



Government of Canada Invests in Hydrogen Infrastructure Projects by Hydrogenics

Technology that will help pave the way for fuel-cell vehicles received support from the Government of Canada today.  A $620,000 contribution will help Hydrogenics Corporation 
develop, demonstrate and commercialize refuelling technology. 

Hydrogenics Corporation, a leading Canadian designer and manufacturer of fuel-cell systems and related technologies, is contributing the balance of the costs for two projects, which 
total approximately $1.61 million. 


Jeremy Bentham appointed CEO of Shell Hydrogen

Shell Hydrogen has announced that Jeremy Bentham has been appointed Chief Executive Officer with effect from 1 April 2003.

Jeremy takes up his position as Shell Hydrogen moves into the next stage of its development. Shell Hydrogen is a leader in the hydrogen sector with joint ventures in hydrogen storage, purification and reforming. Shell is the only energy group involved in demonstration projects in all three of the key hydrogen markets comprising the US, Europe and Japan. Earlier this month Shell Hydrogen and General Motors announced a partnership to help make hydrogen vehicles a commercially viable reality.


Plug Power Inc. and H Power Corp. Announce Determination of Exchange Ratio
 
Plug Power Inc. (NASDAQ: PLUG - News) and H Power Corp. (NASDAQ: HPOW - News) today announced that the estimated exchange ratio for Plug Power's merger transaction with H Power has been determined. H Power stockholders will receive 0.8305 shares of Plug Power common stock for each share of H Power common stock held immediately prior to the transaction, assuming that the merger closes on March 25, 2003 after the meetings of stockholders of both companies scheduled that day to consider approval of the merger transaction.


Major manufacturers cooperate on fuel cell standards
A BEVY OF THE BIGGEST Japanese electronic manufacturers are to cooperate to create standards and specifications for methanol fuel cells, which can triple battery time for notebooks and other devices.


 
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