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Hydrogenics Signs Agreement with Hitachi Zosen

Hydrogenics Corporation (Nasdaq: HYGS; TSX: HYG) has signed an agreement with Japan’s Hitachi Zosen Corporation (Hitz) to develop hydrogen fuel cell-based power products. Hydrogenics will combine its expertise in hydrogen fuel cell power systems with Hitz’ power technology and experience with Japanese power markets. “Japan is one the key countries leading the hydrogen economy, and this agreement with Hitz will help Hydrogenics take advantage of these opportunities,” said Pierre Rivard, Hydrogenics’ president and CEO. “This relationship will allow us to showcase our HyPM technology to the Japanese market, while allowing Hitz to enter into power markets that are currently untapped.” The collaboration between Hitz and Hydrogenics will focus on stationary power applications, but will also investigate markets for transportation and hydrogen generation. Hitachi Zosen Corporation (http://www.hitachizosen.co.jp) provides environment, energy, industrial machinery, precision machinery, electronic and information systems in an integrated manner. The company is working to cut greenhouse gases, utilize renewable energy and make effective use of waste heat. Website: http://www.hydrogenics.com     

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Weekly Clean Energy Roundup:March 23, 2005

News and Events USDA Conservation Program Includes Efficiency, Renewable Incentives California Launches $30 Million Clean Energy Investment Fund Ormat Breaks Ground on New Geothermal Power Plant in Nevada Ethanol Plant to Take Advantage of Waste Heat from Coal Plant Illinois Provides $500,000 to Build Ethanol Infrastructure Site News DOE and White House Launch Hydrogen Energy Web Sites Energy ConnectionsRecord Gasoline Prices Slow Sales of Full-Size SUVs News and EventsUSDA Conservation Program Includes Efficiency, Renewable IncentivesThe U.S. Department of Agriculture (USDA) announced last week that its Conservation Security Program (CSP) will start accepting sign-ups from farmer and ranchers on March 28th. Although the program is primarily meant to support ongoing stewardship of private agricultural lands, this year’s program sign-up includes a renewable energy and energy efficiency component. Eligible producers will receive compensation for conducting energy audits, for cutting their energy use, for converting to renewable energy fuels (such as biodiesel or ethanol), and for implementing renewable energy production, including methane production as well as wind, solar, hydroelectric and geothermal energy. See the USDA press release and the CSP job sheets for energy enhancement activities.According to the USDA, roughly 235,000 farmer and ranchers in 220 watersheds will be eligible for this year’s […]

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Civil Society Denounces US Nomination of World Bank President

On March 16th, George W. Bush nominated US Deputy Defense Secretary Paul Wolfowitz to serve as the future President of the World Bank. Within 30 hours, European heads of state received a multi-country petition signed by more than 1,300 organizations and individuals from 68 countries who denounced the nomination and called on European governments to reject it. The US nomination of Wolfowitz, who is recognized as the key architect of the US invasion, war and occupation of Iraq and a strong proponent of unilateralism in US foreign policy, has elicited a firestorm of protest from development experts and citizens around the world. The civil society petition sent to European heads of state on March 18th warned that his appointment would risk “the Bank becoming seen as a tool of the current controversial US foreign policy, with aid flows becoming more dependent on strict adherence to US Administration priorities.” The petition further denounced “the untransparent and undemocratic process by which one government nominates a single candidate for Bank president” and called on European governments to “take action to reject the current nominee and press for other candidates.” Alex Wilks, coordinator at Eurodad, the network of European development NGOs that organized the […]

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