In this week's blog, Mr. Green takes a look at the U.S. Environmental Protection Agency's plan to revise its ENERGY STAR television program specification. To learn about what changes are being considered and what the next steps are, visit the Green Room.
The U.S. Department of Energy (DOE) recently published a Notice of Proposed Rulemaking (NOPR) describing minimum efficiency levels for uninterruptible power supplies (UPSs). The UPS proposal is an offshoot of the DOE's recently published battery charger efficiency standard. If adopted, the standard will affect UPS products manufactured in, or imported into, the United States.
To learn more, read Mr. Green's Blog.
Power Integrations today announced financial results for the quarter ended June 30, 2016. Net revenues for the second quarter were $97.2 million, up 14 percent from the prior quarter and also up 14 percent compared to the second quarter of 2015. Net income was $11.3 million or $0.38 per diluted share, compared to $0.30 per diluted share in the prior quarter and $0.29 per diluted share in the second quarter of 2015. Cash flow from operations for the second quarter was $23.6 million.
Power Integrations has announced the appointment of Thomas Simonis as VP of high-power products with responsibility for product management, R&D and marketing. With over 25 years of service in the high-voltage motor-driver and semiconductor industries, Mr. Simonis joins Power Integrations with senior technical and business management experience at a variety of companies including ATB, CPM and Infineon. Mr. Simonis succeeds Wolfgang Ademmer, who is retiring from Power Integrations after joining the company in 2012 via the acquisition of CT-Concept.
Canada’s Department of Natural Resources announced that it is considering tightening energy efficiency requirements for nine existing product categories and initiating new standards for six others. To learn what products are under consideration and what the proposed changes entail, visit the Green Room.