Maxwell in the News

Maxwell in the News

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DateTitle
9/17/2018 Reducing O&M Costs with Ultracapacitors in Emergency Pitch-Control Systems

While wind-farm operators work to optimize turbine performance and uptime, it’s inevitable that certain components will demand greater O&M attention.

9/5/2018 Maxwell Technologies Announces Design-in with Siemens

SAN DIEGO, Sept. 5, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of energy storage and power delivery solutions, today announced a grid energy storage subsystem design-in with Siemens to deliver economical, fast responding, long life grid voltage and frequency support solutions.

8/27/2018 Reducing O&M costs with ultracapacitors in emergency pitch-control systems

While wind-farm operators work to optimize turbine performance and uptime, it’s inevitable that certain components will demand greater O&M attention. One aspect of turbine maintenance that typically causes multiple downtime hours per month is battery-based emergency pitch-control systems. Pitch control is an important turbine component used to operate and control the angle of blades to maximize wind generation. It also protects turbine blades from damage during excessive wind speeds or a grid power loss.

6/27/2018 Maxwell Technologies Launches Advanced Energy Storage Power Delivery Solutions for Utility Grids and Microgrids

SAN DIEGO, June 27, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of energy storage and power delivery solutions, today announced the launch of two new highly scalable products to deliver reliable, fast responding, long lifetime storage in grids and microgrids. Having deployed over 65 million ultracapacitors globally with more than eight million in grid applications, these ready-to-integrate products address the growing need for power-intense grid services, and feature advanced utility grade control and communications to facilitate integration at the transmission, distribution substation and commercial/industrial level.

5/15/2018 Maxwell puts lifetime value of ultracap subsystem deal with Geely/Volvo at ~$100M

Maxwell Technologies is putting the lifetime value of its recently announced deal to provide ultracapacitor-based subsystems to Zhejiang Geely Holding Group (Geely), the parent company of leading brands such as Volvo and Geely Auto (earlier post), at $100 million. Under the deal, Maxwell will provide multi-cell ultracapacitor subsystems with power electronics that will be applied in Geely and Volvo mild-hybrid and plug-in hybrid electric vehicles. The vehicles will initially be available in North America and Europe.

5/15/2018 Ultracaps Take Next Step With Maxwell’s Geely-Volvo Application

Maxwell Technologies’ recent contract win to supply Zhejiang Geely with a complete ultracapacitor module for use in mild-hybrid vehicles marks a turning point both for the company and the advanced energy-storage technology.

5/14/2018 Maxwell’s CEO, Dr. Franz Fink , was interviewed by the San Diego Union Tribune regarding our recent announcement with Geely/Volvo

San Diego-based Maxwell Technologies has partnered with the owners of Volvo, the carmaker that plans to completely phase out internal combustion vehicles in its fleet and move exclusively to electric vehicles (EVs) and hybrids.

5/9/2018 Geely Going With Ultracapacitors

When the discussion of electrified vehicles comes up, the subject of lithium-ion batteries soon emerges. But there is another power storage device that is becoming increasingly important: the ultracapacitor.

5/8/2018 Geely/Volvo Awards Maxwell Technologies with Ultracapacitor Subsystem Design Win for 2020 Model Year Platforms

SAN DIEGO, May 8, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of capacitive energy storage and power delivery solutions, today announced a technology partnership with Zhejiang Geely Holding Group (Geely), the parent company of leading brands such as Volvo and Geely Auto.

3/14/2018 Maxwell Technologies Announces Date for 2018 Annual Meeting of Stockholders

SAN DIEGO, March 14, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of capacitor-based energy storage and power delivery solutions, announced today that the 2018 Annual Meeting of Stockholders will be held on Tuesday, May 15, 2018. The meeting will be held at 11:00 a.m. PT at the company's headquarters, located at 3888 Calle Fortunada, San Diego, CA 92123. Pursuant to the Company's bylaws, the deadline for properly presented stockholder proposals, including director nominations, is March 16, 2018. Shareholders of record as of March 23, 2018, will be entitled to notice of, and to attend and vote at, the annual meeting.

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