US Equity News: Electro Energy Participates in Plug-In Hybrid Vehicle Demonstration in Washington, D.C. and Power Air Lists on Frankfurt Stock Exchange
May 26, 2006 (M2 PRESSWIRE via COMTEX) -- City of Industry, CA - Alternative energy industry alert provided by U.S. Equity News. Electro Energy, Inc. (Nasdaq: EEEI) joined the Plug-In Hybrid Consortium in Washington, D.C last week to demonstrate the power of plug-in hybrid electric vehicles (PHEVs) to senators, representatives, and members of the House Science Subcommittee on Energy who were meeting to discuss alternative energy as gas prices spiked across the nation. Numerous members of Congress attended the event on May 16-17 and test drove two demonstration PHEVs and learned first-hand of the substantial fuel savings promised by this type of automobile. Power Air Corporation (OTCBB: PWAC) recently announced its listing on the Frankfurt Stock Exchange under the symbol P6A. "We have seen strong interest from European investors since we announced our reverse merger last fall," states Mr. Don Prest, CFO of Power Air. "It was just a matter of time before we added a listing on a major European exchange. The German market has traditionally been very supportive of environmentally-friendly technologies such as our ZAFC."
FuelCell Energy, Inc. (Nasdaq: FCEL), a leading manufacturer of efficient electric power generation plants for commercial and industrial customers, today announced it donated enough emissions credits to offset the environmental impact caused by a three-day global energy conference in Washington, D.C. By contributing more than 2,600 megawatt hours of renewable energy certificates accumulated in operating its ultra-clean Direct FuelCell (DFC ) power plants, the company enabled Leonardo Academy to certify the 2006 World Energy Engineering Congress a Cleaner and Greener(SM) program. Magnetek, Inc. (NYSE: MAG) recently announced that its Aurora 3.6-kilowatt (kW) power inverters have been certified by Clear Skies - UK (Product Code: WTI 9020). Clear Skies' certification assures customers that Magnetek's latest clean-energy system meets stringent United Kingdom requirements for quality, reliability, compliance with UK interconnection standards and, most importantly, optimum transformerless energy harvesting efficiency (in excess of 96%).
