Bus

ClearEdge Power acquires UTC Power

Posted on February 13, 2013

ClearEdge Power, a manufacturer of scalable, distributed power systems, closed on its acquisition of UTC Power, marking a major milestone for the company and strengthening its position in the commercial fuel-cell industry.

UTC Power, formerly a subsidiary of United Technologies Corp., has long been considered a leader in fuel cell systems with decades of experience.

“We are excited about the strategic combination of ClearEdge Power and UTC Power and the capability it provides us to address the demand for clean, continuous, distributed power solutions,” said ClearEdge Power President/CEO David B. Wright. “This acquisition establishes our position as the most experienced innovator in the industry, having the broadest technology portfolio and an agile, passionate, visionary team that delivers dependable customer solutions.”

View comments or post a comment on this story. (0 Comments)

More News

Bridj to launch D.C. service

While Founder Matt George is interested in connecting Capitol Hill, K Street and Dupont Circle, it’s not yet clear if those will be the neighborhoods Bridj starts with. The start-up is encouraging interested customers to request specific routes on its website

New Flyer wins N.Y. CNG bus contract

The contract for 110 XN40 buses contains a firm order for 52 buses with options for an additional 58 buses and is valued at approximately $53 million dollars.

CCW to provide Iowa with rebuilt artics

Des Moines Area Regional Transit's 60-foot low floor articulated buses will replace high-floor buses and include newly installed ramps, remanufactured power trains, transmissions, engines and brakes. It will also be equipped with two ADA compliant wheelchair lifts.

Texas' Capital Metro adds real-time information to bus fleet

The agency rolled out real-time data on MetroRapid and MetroRail last year, receiving strong positive feedback from customers.

AC Transit piloting Alexander Dennis double-deck bus

The 80-seat coach, offering its riders comfy excursions with spectacular views — particularly to and from San Francisco — made its first cruise on the Line U, from Fremont to Stanford University, before being deployed on other daily routes.

See More News

Post a Comment

Post Comment

Comments (0)

Please sign in or register to .    Close