Metzger, Interim President and Chief Operating Officer of ECD Ovonics
, said, "We look forward to establishing a long-lasting alliance with G4.
' portfolio of alternative energy solutions includes Ovonic
thin-film amorphous solar cells, modules, panels and systems for generating solar electric power; Ovonic
NiMH batteries; Ovonic
hydride storage materials capable of storing hydrogen in the solid state for use as a feedstock for fuel cells or internal combustion engines or as an enhancement or replacement for any type of hydrocarbon fuel; and Ovonic
fuel cell technology.
Using thin film fabrication, Ovshinsky says the device can be fabricated in a cost-effective manner, using the Ovonic
roll-to-roll process, a continuous web, triple-injection, roll-to-roll photovoltaic processor already makes 9 miles of thin-film, semi conducting photovoltaics in a single run.
noted that the vehicle, which is based on a production gasoline-electric model, is a project of its subsidiary Ovonic
Hydrogen Systems LLC and part of a five-year, $7-million hydrogen hybrid demonstration project at AQMD.
In connection with the offering, ECD Ovonics
has granted the underwriters a 30-day option to purchase up to an additional 1.
designed and built United Solar Ovonic
's existing 25MW photovoltaic manufacturing equipment and is building the second facility, which will double United Solar Ovonic
' metal-hydride system, engineered by Texaco Ovonic
Hydrogen Systems, comprises powdered metallic alloys capable of rapidly absorbing hydrogen.
will host a conference call today at 4:30 pm EDT to discuss the restructuring plan.
noted that Metzger's responsibilities will include hydrogen storage canister production, and Cobasys, Inc.
United Solar Ovonic
LLC (Uni-Solar Ovonic
), a wholly owned subsidiary of Energy Conversion Devices, Inc.
According to ECD Ovonics
, the work will focus on Ovonic
's Metal Hydride Fuel Cell technology, which does not utilize noble metals traditionally used as catalysts for fuel cells.
By partnering with solid state hydrogen storage technology leaders like ECD Ovonics
and Texaco Ovonic
Hydrogen Systems who have developed hydrogen storage solutions, we're able to address challenges faced by the military, such as the safe, transportable refueling of off-road fuel cell vehicles," said Dennis Wend, executive director of the National Automotive Center.