UTC Power

Asian investors buy into CT energy industry

The Far East's ambition to become a worldwide renewable energy leader has made some Connecticut companies a prime acquisition target of Asian investors.

ClearEdge buyer to revamp S. Windsor plant with smaller workforce

Doosan Corp., the South Korean conglomerate that bought ClearEdge Power out of bankruptcy in July, said in an announcement Wednesday that it intends to keep the fuel cell manufacturer's operations in South Windsor, and hire hundreds of workers.

Town manager: ClearEdge may file for bankruptcy

Fuel-cell manufacturer ClearEdge Power may file for bankruptcy, according to South Windsor Town Manager Matthew B. Galligan.

ClearEdge expands in S. Windsor, seeks $200M revenues

In its first full year since acquiring UTC Power for a song, fuel cell manufacturer ClearEdge Power wants to double its annual revenues to $200 million, CEO David Wright said.
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ClearEdge named company of the year

California growth consultant Frost & Sullivan gave ClearEdge Power the 2013 North American Company of the Year Award for its acquisition of South Windsor fuel cell firm UTC Power.

CT fuel cell program shuns CT fuel cell industry

A 20-year, $300 million secretive state program designed to bolster the struggling Connecticut fuel cell industry instead...

CT Green Guide publishes Fall issue

The Fall 2013 edition of the Connecticut Green Guide features manufacturers who are saving large, recycling businesses ahead of the industry curve, the Jedi of efficient lighting, and East Hartford's river visionary.

Domestic fuel cell market worth $668M by 2018

The North American market for fuel cells will be worth $667.7 million by 2018, according to a report by Dallas research firm MarketsandMarkets.
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CT Green Guide publishes Summer 2013 edition

A Connecticut program that pays businesses to make energy upgrades. An architect pushing sustainability in Hartford, New Haven downtown revitalization. A beer company that saved $186,000 through efficiency measures. It's all in the Summer 2013 edition of the Connecticut Green Guide.

UTC unloads Pratt power systems

Hartford conglomerate United Technologies Corp. finalized its unloading of East Hartford-based Pratt & Whitney Power Systems to a Japanese manufacturer, UTC announced Friday.
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