Fuel-Cell Power Based Battery Solutions Growth Propelled Via Federally Approved Grants Targeting Research And Development of Batteries with Microchip Technology

CORAL SPRINGS, Florida, August 23, 2016 /PRNewswire/ --

The renewable energy sector continues to rapidly evolve as companies identify the vast benefits of alternative methods such as fuel-cell battery power solutions. Leaders across various industries continue to make the switch to alternative power solutions as lithium batteries advancements with innovative technology gain momentum behind increased research funded by federally backed grants.  Battery and microchip market movers to watch for activity of late are Neah Power Systems, Inc. (OTC Pink: NPWZ), Plug Power Inc. (NASDAQ: PLUG), Ballard Power Systems (NASDAQ: BLDP), Energizer Holdings, Inc. (NYSE: ENR) and Advanced Micro Devices, Inc. (NASDAQ: AMD)

Neah Power Systems, Inc. (OTC: NPWZ) an emerging leader in high density rechargeable lithium metal battery storage solutions for defense, commercial, and consumer applications, is pleased to announce that it won a grant from the U.S. Department of Energy through the Small Business Vouchers Pilot Program. http://energy.gov/technologytransitions/articles/energy-department-awards-43-new-business-laboratory-collaborations

The NEAH PowerChip® Battery is the first battery to be made with high volume capable microchip manufacturing technology in semiconductor facilities (foundries) throughout the world. NEAH and numerous electrochemical engineers worldwide envision this new NEAH Battery architecture as transformative as it will change the way batteries are made, used and perform. The proprietary architecture of the PowerChip® Battery brings batteries into the microchip era, using the same manufacturing technologies that made television sets, cell phones, laptops and a variety of devices more compact with superior performance at lower cost. While initially targeted for consumer oriented applications, the battery technology could be used for automotive and defense applications as well.

Read the full NPWZ Press Release at: http://financialnewsmedia.com/profiles/npwz.html

Dr. Chris D'Couto, President & CEO of NEAH said, "We look forward to working closely with Argonne National Laboratory, which is uniquely qualified to characterize the performance metrics associated with our unique battery architecture. This unique 3D architecture using lithium metal anodes enables more than five times the performance of batteries in production today.  We at NEAH believe that the characterization of the battery by Argonne National Laboratory will further enhance the performance and manufacturability of the battery. It will also help us understand the most critical electrochemical reactions. This DOE/Argonne relationship will provide advanced technology learnings, leapfrogging what would be possible in a privately held laboratory.

In other sector news and industry developments in the markets today:

Plug Power Inc. (NASDAQ: PLUG) closed up slightly on Monday trading just over 1.5Million shares by the market close.  PLUG announced back in July that Newark Farmers Market has placed an order for 96 next-generation GenDrive fuel cell units to operate its electric industrial truck fleet in Newark, New Jersey. Newark Farmers Market has utilized GenDrive systems as the sole power source for its electric industrial truck fleet since 2011, and have reinvested in the benefits of Plug Power's GenDrive fuel cells by adopting the next generation product.

Ballard Power Systems (NASDAQ: BLDP) recently announced that it has signed a Distribution Agreement with Toyota Tsusho Corporation ("TTC"; http://www.toyota-tsusho.com/english ), a member Company of the Toyota Group. Under the agreement, TTC will act as a distributor of Ballard-powered fuel cell products in Japan . The initial term of the agreement runs to December 31 , 2020.

Energizer Holdings, Inc. (NYSE: ENR) closed down slightly on Monday on over 300,000 shares traded by the market close.  Earlier this year ENR introduced Energizer®  EcoAdvanced® batteries, the first-ever AA batteries made with 4 percent recycled battery material, as well as introducing another world's first with its rechargeable AA and AAA batteries made with recycled batteries.

For the latest technology/microchip news:  At an event last week in San Francisco, Advanced Micro Devices, Inc. (NASDAQ: AMD) provided additional architectural details and a first look at the performance of its next-generation, high-performance "Zen" processor core. AMD demonstrated the "Zen" core achieving a 40% generational improvement in instructions per clock, delivering a landmark increase in processor performance.

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated one thousand nine hundred dollars for news coverage of the current press release issued by Neah Power Systems, Inc. by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: editor@financialnewsmedia.com
Phone: +1-954-345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.