Clean Tech Corner

ARISE Announces Change To Board of Directors

Dave Forde

Published: November 7, 2011Posted in: On The MoveTags: ARISE Technologies Corporation, Ian MacLellan

ARISE Technologies Corporation (TSX: APV) announced late last week that Founder, Ian MacLellan will retire immediately from the ARISE Board. Since his departure as Founder and Chief Technology Officer from ARISE in early September, Ian has come to the conclusion that retiring from the Board is best for his family and himself. Not being on the ARISE Board will free him up to pursue new entrepreneurial activities. He will be available to the Company on a consulting basis to assist with transitional issues.

Hydrogenics Tapped To Provide Energy Storage For Wind-Hydrogen Installation In Germany

Dave Forde

Published: October 13, 2011Posted in: Deal FlowTags: Daryl Wilson, Hydrogenics Corporation

Hydrogenics Corporation (Nasdaq:HYGS; TSX:HYG.TO), has been given the news they have been selected by the City of Herten, Germany to provide a wind-hydrogen energy storage solution. Located in North Rhine Westphalia, Herten is recognized as a major German hydrogen cluster for electro-mobility as well as renewable energy projects.

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Westport Acquires Alternative Fuel Vehicle Sweden AB For $7.6 Million

Dave Forde

Published: October 13, 2011Posted in: Deal FlowTags: Ian Scott, Westport Innovations

Westport Innovations Inc. (TSX:WPT / NASDAQ:WPRT), yesterday that is has acquired Alternative Fuel Vehicle Sweden AB (AFV) of Gothenburg, Sweden for approximately SEK 51 million (approximately US$7.6 million). AFV is the sole supplier of natural gas fuel systems to Volvo Car Company (VCC).

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Mike Scott Promoted To President & CEO Of Nexterra Systems

Dave Forde

Published: October 13, 2011Posted in: On The MoveTags: Brian Boulanger, Mike Scott, Nexterra Systems

Nexterra Systems Corp. announced today that it has promoted Mike Scott to the role of President and Chief Executive Officer. Mr. Scott, formerly Nexterra’s Senior Vice President Corporate Development, replaces Jonathan Rhone who served as President and CEO of Nexterra since the company was founded in 2003.

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Algonquin Power and Utilities Issues Its Own Release To Western Wind Energy Corp.

Dave Forde

Published: October 12, 2011Posted in: Deal FlowTags: Algonquin Power and Utilities, Western Wind Energy Corp.

In response to a release issued by Western Wind, Algonquin Power & Utilities Corp. has now responded to the acquisition offer issued earlier. Here is their response:

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Samsung, Ontario Sign $3 Billion Wind, Solar Deal

Dave Forde

Published: September 6, 2011Posted in: FeatureTags: Samsung

Samsung announced last week that it has signed a $3 billion contract to build wind and solar energy plants in Ontario.
Under the terms, Samsung C&T will build 520-megawatt projects in the Haldimand and Chatham-Kent regions and 550-MW projects in Kingston and Bruce. Korea Electric Power Corp. will design the plants’ electrical wiring and operate the plants.
Samsung C&T said the contract represents the first two steps of a five-step plan over two decades to build and operate 2,000 MW of wind capacity and 500 MW of solar power capacity in the province.
Construction is expected to begin in 2012 and be completed by 2014.

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Hy-Drive Technologies Renames To Become Name blutip Power Technologies Ltd.

Dave Forde

Published: June 7, 2011Posted in: FeatureTags:

Toronto-based Hy-Drive Technologies Ltd. (TSXV: HGS) announced this week that it has changed its name to blutip Power Technologies Ltd. (“blutip Power” or the “Company”). The name change has been accepted by the TSX Venture Exchange and was approved by the Company’s shareholders at its Annual General & Special Meeting of Shareholders held onMay 12, 2011.
The blutip Power common shares began trading on the TSX Venture Exchange under the new name at market open on June 1, 2011. At that time, the trading symbol for the common shares will change to BPR.

Ontario’s Green Energy Act Brings 50,000 New Clean Energy Jobs

Dave Forde

Published: May 26, 2011Posted in: FeatureTags: Dalton McGuinty, Ontario Green Energy Act

Green is good, and green jobs are even better. As the Province of Ontario continues to support the clean tech sector, they recently announced that as part of its Ontario Green Energy Act, 50,000 new clean energy jobs will be created by the end of 2012. The also helped attract billions of dollars in new investment.

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Ballard Receives DOE Award For Cost Reduction Activities

Dave Forde

Published: May 25, 2011Posted in: FeatureTags: Ballard Power Systems

Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) announced that the company’s material products division is a recipient of the 2011 Annual Merit Review Award from the U.S. Department of Energy. The award recognizes Ballard’s success in reducing manufacturing cost of gas diffusion layer (GDL) material, a critical component of the membrane electrode assembly (MEA) used in every Ballard fuel cell product.

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