UTC’s International Fuel Cells and Toshiba to form Japanese joint venture

The joint venture will incorporate Toshiba’s fuel cell development activities in Japan and focus on accelerating development of Proton Exchange Membrane (PEM) fuel cell technologies and on increasing sales of the PC25 fuel cell power system.

WESTBOROUGH, MA, Sept. 20, 2000 — American Superconductor Corp. and GE Industrial Systems, a business of General Electric Co. have received their first order for a D-SMES system from Entergy Corp. The Distributed Superconducting Magnetic Energy Storage (D-SMES) system will be deployed in an Entergy power grid in Texas in early 2001.

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