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Plug Power Fizzles

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Hydrogenics Selected for U.S. Navy Hydrogen Refueler Contract

Hydrogenics Corporation (TSX: HYG; Nasdaq: HYGS), announced it has been contracted by the U.S. Navy's Naval Surface Warfare Center (NSWC) – Crane Division to provide a proton exchange membrane (PEM) electrolysis refueler for their test facility in Crane, Indiana. NSWC Crane will take delivery of the unit in mid-March 2004. "This is an excellent opportunity to help advance the concept of an appliance-based hydrogen infrastructure, with deployable and compact hydrogen production for the Military," said Pierre Rivard, President and CEO. Hydrogenics will supply a fully integrated, compact HyLYZER refueler capable of producing and dispensing 2.0 kg of high purity compressed hydrogen gas per day. NSWC's purpose in this initiative, in addition to fulfilling the site's hydrogen needs, is to gain comprehensive experience with a deployable, compact hydrogen refueling system that includes electrolysis, compression, high-pressure storage and dispensing for special operations. About Hydrogenics Hydrogenics Corporation is engaged in the commercialization of fuel cell technology and test stations for fuel cells. The company is building a sustainable business, in a potentially "game changing technology" for transportation, stationary and portable power. Hydrogenics is based in Mississauga, Ontario, Canada, has operations in British Columbia, Canada, Japan, the United States and Germany. Website: http://www.hydrogenics.com     

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Novo Nordisk to Launch Long Acting Insulin

Novo Nordisk A/S (NYSE:NVO) expects to launch its long-acting insulin analogue Levemir later this year, after receiving a positive recommendation from the European Union's Committee for Proprietary Medicinal Products. The committee recommends NVO receive permission to market Levemir, and Novo Nordisk expects the European Commission, which has the final say, to grant marketing authorization in the coming months. Novo Nordisk said it expects to launch Levemir in key European markets in the second half of 2004. Levemir provides more consistent, daily control of blood glucose levels for people with diabetes than conventional treatment, the company says. The approval had been expected by both the company and the market. Website: http://www.novonordisk.com     

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Weekly Clean Energy Roundup:February 25, 2004

*News and EventsEnergy Star Program Aims to Cut Energy Use in Power Supplies EPA Launches Partnership for Energy-Efficient Freight Maryland Launches High-Tech Program to Boost Mass Transit Ski Areas Buy Green Power, Use Solar to “Keep Winter Cool” Energy Star Program Aims to Cut Energy Use in Power SuppliesHere’s an energy fact that’s sure to appeal to the paranoid: little boxes plugged into outlets around your home and hidden in your electronic equipment are sapping about six percent of the nation’s electricity. No, this is not a result of some conspiracy, but rather a consequence of the many electronic devices that run on direct current (DC), the same kind of power produced by batteries. Since our power lines supply alternating current (AC), these devicesour cell phones, telephones, computers, and most other electronic devicesuse an AC/DC power supply (generally a transformer) to convert that AC power into the DC power the devices need. Unfortunately, some energy is lost in that power conversion, and for the nation as a whole, that adds up to about 207 billion kilowatts per year.According to the U.S. Environmental Protection Agency (EPA), more efficient power supplies could reduce that energy use by about 15 to 20 percent. […]

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Florida Developer Sets Aside Bay to Bay Wildlife Corridor

The Department of Environmental Protection (DEP) has reached a comprehensive ecosystem management agreement with The St. Joe Company to save wetlands and conserve 20,760 acres along the Florida Panhandle while permitting the company to develop roads, homes, and shopping centers. A publicly traded real estate operating company, The St. Joe Company is the state's largest private landowner. The ecosystem management agreement (EMA) between the state and the company is an alternative to traditional permitting that uses a comprehensive, coordinated approach to regional development and is intended to provide greater environmental benefits. Voluntary until signed, once agreed an EMA is legally binding. It requires the company to go above and beyond standard environmental requirements to protect natural areas. The plan agreed Wednesday covers more than 31,350 acres of St. Joe owned property stretching from West Bay to Choctawhatchee Bay along a stretch of northwest Florida land known as the Emerald Coast, a region known for its biological diversity. The agreement authorizes dredge and fill activities and construction and maintenance of stormwater facilities associated with building roads, homes, shopping centers and communities. But it imposes strict requirements for minimizing impacts to wetlands, wetland mitigation, habitat conservation and stormwater management during residential, commercial […]

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