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SEC issues cease-and-desist order against split-cycle engine developer Scuderi Group for violations of Securities Act

Green Car Congress

The SEC said that Scuderi raised the $80 million from individual investors and investment clubs from 2002 to 2012 through at least six offerings in which it sold “preferred units” to at least 415 investors. Scuderi Group conducted, in essence, one continuous offering for over eight years, from January 2004 through July 2012.

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Achates Power developing light-duty two-stroke opposed-piston diesel engine: the OP4

Green Car Congress

Achates Power, which is developing a family of two-stroke, compression-ignition (CI) opposed-piston (OP) engines, has designed and is developing a light-duty diesel concept engine, the OP4. Achates started with a 1.06L/cylinder engine configuration, then moved up to a 1.6L/cylinder Click to enlarge. for the Powerstroke.

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LiquidPiston introduces latest X-series version of HEHC rotary engine; targeting 58% peak BTE, 2 hp/lb power density

Green Car Congress

(LPI), the developer of engines based on its High Efficiency Hybrid Cycle (HEHC)( earlier post ), introduced the latest version of its X-series of rotary engines embodying HEHC at the US Department of Energy’s (DOE) 2012 Directions in Engine-Efficiency and Emissions Research (DEER) Conference in Dearborn, Michigan.

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