Business Wire News

Report Expands on Methane Emissions Reductions, Community Relations and Biodiversity Programs

HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) announced today the publication of its 2019 Environmental, Social and Governance (ESG) report. This report builds on our vision as a company to deliver energy to improve lives and create a better world.

“We have provided additional ESG-related metrics throughout our report, including our electricity and renewable energy usage, company-wide air emissions and community investments,” said KMI’s Chief Operating Officer James Holland. “This report is reflective of Kinder Morgan’s safe, efficient and responsible operations and commitment to transparency. We have also included results of physical risk scenario analysis and documented our expanded diversity and inclusion initiatives.”

Kinder Morgan continues to view natural gas as part of the solution for reducing the world’s greenhouse gas emissions (GHG). As detailed in the report, the company has worked to reduce methane emissions throughout the energy value chain, particularly in the midstream sector. In 2016, the company set a goal of achieving an intensity target of 0.31% of methane emissions per unit of throughput by 2025 for its natural gas transmission and storage assets. From 2017 through 2019, KMI was able to achieve a methane emission intensity rate for these operations of 0.04%, 0.02%, and 0.03%, respectively - surpassing its 0.31% target years ahead of schedule. The company has also increased its focus on reducing additional GHG emissions from its operations and has identified and implemented multiple emission reduction projects.

The 2019 Environmental, Social and Governance (ESG) report is available on the Kinder Morgan website at ESG Reports.

About Kinder Morgan, Inc.

Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of people, communities and businesses we serve. We own an interest in or operate approximately 83,000 miles of pipelines and 147 terminals. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and our terminals store and handle various commodities including gasoline, diesel fuel chemicals, ethanol, metals and petroleum coke. For more information, please visit www.kindermorgan.com.

Important Information Relating to Forward-Looking Statements

This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934. Generally the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements in this news release include express or implied statements concerning KMI’s business strategy and reduction of greenhouse gas emissions. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although KMI believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance as to when or if any such forward-looking statements will materialize or their ultimate impact on KMI’s operations or financial condition. Important factors that could cause actual results to differ materially from those expressed in or implied by these forward-looking statements include the assumptions, risks and uncertainties described in KMI’s Environmental, Social and Governance report and its reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year-ended December 31, 2019 (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on KMI’s website at ir.kindermorgan.com. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, KMI undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements.


Contacts

Kinder Morgan Contacts
Media Relations
Airilyn Stecker
(713) 420 - 6701
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Investor Relations
(800) 348-7320
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www.kindermorgan.com

CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the nation's largest recreational boat and yacht retailer, today announced that the Company will hold a webcast to review its fourth quarter and full year fiscal 2020 results on Wednesday, October 28, 2020, at 9:00 a.m. Eastern Time.

To access the webcast, please visit the investor relations section of the Company's web site: http://www.marinemax.com. The on-line replay will be available for a limited time beginning within one hour of the conclusion of the call.

The Company will release its fourth quarter and full year fiscal 2020 financial results prior to the market open on Wednesday, October 28, 2020.

During the call, it is possible that the Company may make public disclosure of material nonpublic information and may make forward-looking statements regarding the Company's business, operations, and financial condition.

About MarineMax
Headquartered in Clearwater, Florida, MarineMax is the nation’s largest recreational boat and yacht retailer. Focused on premium brands, such as Sea Ray, Boston Whaler, Hatteras, Azimut Yachts, Benetti, Ocean Alexander, Galeon, Grady-White, Harris, Bennington, Crest, MasterCraft, MJM Yachts, NauticStar, Scout, Sailfish, Scarab Jet Boats, Tige, Yamaha Jet Boats, Aquila, Aviara, and Nautique. MarineMax sells new and used recreational boats and related marine products and services, as well as provides yacht brokerage and charter services. MarineMax currently has 77 retail locations in Alabama, California, Connecticut, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, South Carolina, Texas, Washington and Wisconsin. MarineMax also owns Fraser Yachts Group and Northrop & Johnson, leading superyacht brokerage and luxury yacht services companies with operations in multiple countries. The Company also owns and operates MarineMax Vacations in Tortola, British Virgin Islands. MarineMax is a New York Stock Exchange-listed company. For more information, please visit www.marinemax.com.


Contacts

Michael H. McLamb
Chief Financial Officer
727-531-1700

Media:
Abbey Heimensen
MarineMax, Inc.

Investors:
Brad Cohen or Dawn Francfort
ICR, LLC
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LEAWOOD, KS--(BUSINESS WIRE)--TortoiseEcofin today announced that Ingenico Group (Euronext Paris: ING FP) will be removed from the Ecofin Global Digital Payments Infrastructure Index® (TPMT), effective October 26, 2020, as a result of the acquisition by Worldline SA (Euronext Paris: WLN FP). Index shares of WLN FP will be increased in accordance to the terms of the transaction. The cash portion of the transaction will be invested pro rata among remaining index constituents.


About TortoiseEcofin

TortoiseEcofin focuses on essential assets – those assets and services that are indispensable to the economy and society. We strive to make a positive impact on clients and communities by investing in energy infrastructure and the transition to cleaner energy and by providing capital for social impact projects focused on education and senior housing. TortoiseEcofin brings together strong legacies from Tortoise, with expertise investing across the energy value chain for more than 20 years, and from Ecofin, which unites ecology and finance and has roots back to the early 1990s. To learn more, please visit www.TortoiseEcofin.com.

The Ecofin Global Digital Payments Infrastructure IndexSM represents the existing global digital payments landscape. It is a proprietary, rules-based, modified market capitalization-weighted, float-adjusted index comprised of companies that are materially engaged in digital payments, including merchant processing and settlement, real time record keeping, settlement networks, and Fintech products/ services that facilitate the ease, efficiency, and speed of electronic transactions. This includes companies whose primary business is comprised of one or a combination of the following categories: credit card networks, electronic transaction processing and associated products/services, credit card issuers, electronic transaction processing software (payments Fintech) or online financial services market places.

The index mentioned above is the exclusive property of TIS Advisors and is calculated by Solactive AG (“Solactive”). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive AG (“Solactive”) in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or the completeness of the Index or the calculations thereof; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index.

This data is provided for informational purposes only and is not intended for trading purposes. This document shall not constitute an offering of any security, product or service. The addition, removal or inclusion of a security in the index is not a recommendation to buy, sell or hold that security, nor is it investment advice. The information contained in this document is current as of the publication date. TortoiseEcofin makes no representations with respect to the accuracy or completeness of these materials and will not accept responsibility for damages, direct or indirect, resulting from an error or omission in this document. The methodology involves rebalancing and maintenance of the index that is made periodically during each year and may not, therefore, reflect real time information.

Safe Harbor Statement

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.


Contacts

Maggie Zastrow
(913) 981-1020
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MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE American: NOG) (“Northern” or the “Company”) announced today that it plans to issue its earnings release with respect to third quarter 2020 financial and operating results on Friday, November 6, 2020, before market opens. Additionally, the Company will host a conference call on Friday, November 6, 2020 at 9:00 a.m. Central Time.


Those wishing to listen to the conference call may do so via the Company’s website www.northernoil.com or by phone.

Conference Call and Webcast Details:

Date:

November 6, 2020

Time:

9:00 a.m. Central Time

Dial-In:

(866) 373-3407

International Dial-In:

(412) 902-1037

Conference ID:

13712449

Webcast:

www.northernoil.com

Replay Information:
A replay of the conference call will be available through November 16, 2020 by dialing:

Dial-In:

(877) 660-6853

International Dial-In:

(201) 612-7415

Conference ID:

13712449

ABOUT NORTHERN OIL AND GAS

Northern Oil and Gas, Inc. is a company with a primary strategy of investing in non-operated minority working and mineral interests in oil & gas properties, with a core area of focus in the Williston Basin Bakken and Three Forks play in North Dakota and Montana.

More information about Northern Oil and Gas, Inc. can be found at www.NorthernOil.com.


Contacts

Mike Kelly, CFA
EVP, Finance
(952) 476-9800
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NEW YORK--(BUSINESS WIRE)--Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by SDIC Power Holding Co., Ltd. (“SDIC Power”) – a leading power generation company in China, established under the laws of the People’s Republic of China - to act as Depositary Bank for its Global Depositary Receipt (“GDR”) program.


SDIC Power’s GDR program was established in connection with a US$200.6 million initial public offering of its GDRs (or approximately $220.7 million, if the underwriters exercise their over-allotment option in full), priced at US$12.27 per GDR. The GDRs are listed on the Shanghai-London Stock Connect (“SLSC”) segment of the Main market of the London Stock Exchange (“LSE”) under the symbol “SDIC”. Each GDR represents ten A shares. SDIC Power’s A shares are listed and traded on the Shanghai Stock Exchange (“SSE”) under the stock code 600886.

ZHU Jiwei, Chairman of the Company, stated: “We are proud to announce the successful pricing of SDIC Power’s GDR Offering, following the positive response to our company on our recent virtual roadshow from international investors. Our London listing reinforces the global presence of SDIC Power and reflects the company’s expansion from its home market into other regions of Asia and into Western Europe. Enhanced access to international capital markets through the Shanghai-London Stock Connect channel will support SDIC Power’s commitment to continue to invest in, develop and operate clean energy projects, as we implement our global growth strategy.”

“Citi is proud to be appointed as the Depositary Bank for SDIC Power’s LSE Listed GDR Program,” said Dirk Jones, Head of Global Issuer Services at Citi. “Citi has been appointed as the Depositary Bank for all four LSE GDR programs listed thus far. We are committed to providing SDIC Power and its investors with the highest quality services by leveraging our cross-regional capabilities, global network and our experience gained in other SLSC programs.”

Citi is a leading provider of depositary receipt services. With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries and investors.

For more information about Citi’s Depositary Receipt Services, please visit www.citi.com/dr.

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi


Contacts

Sophia Anthony
Citi Global Public Affairs
Banking, Capital Markets & Advisory Communications
+1 (212) 816-7140
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ESPOO, Finland--(BUSINESS WIRE)--#CFBC--Sumitomo SHI FW (SFW) has been awarded a contract by Sappi Europe to modernize an existing circulating fluidized bed (CFB) boiler, which will result in a 30% CO2 emissions reduction at the Gratkorn Pulp & Paper mill.


SFW will design, supply and erect the project, which includes modifications to the lower furnace, new heat shift system, biomass feeding system, bottom ash extraction system, and emissions control system, as well as dismantling and commissioning. The modernization will allow the plant to completely shift from coal to multiple sustainable and renewable fuels. The new emissions control system include bag filters and selective non-catalytic reduction (SNCR), which will ensure the plant meets the newest Best Available Technologies (BAT) standards, especially regarding dust and NOx emissions.

SFW’s mission is to help our customers achieve their climate targets efficiently and cost-effectively. With this project, Sappi will be one step closer to achieving their decarbonization commitments, while reaping the benefits of reliable energy supply and extending the lifetime of their current assets”, says Kari Kohvakka, SVP Service at SFW.

The project will be completed at the end of 2021.

Sumitomo SHI FW (SFW) is a global, innovative provider of energy and environmental technologies and services focusing on high efficiency and flexible generation of energy. Our solutions expand from our world-leading circulating fluidized bed (CFB) technology, to long-duration energy storage solutions (Liquified Air Energy Storage), flue gas cleaning, gasification, waste heat boilers and a full spectrum of services for the global power and industrial markets.

We strive to provide sustainable energy solutions for a wide portfolio of customer needs in the fields of power generation, storage and network services. Sumitomo SHI FW’s quality and service rely on our 1,500 talented people with deep know-how and experience in the industry.

For more information visit www.shi-fw.com

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Contacts

Sumitomo SHI FW
Jan Rogers, +1-908-713-3288

LONDON--(BUSINESS WIRE)--#GlobalSubmarineMarket--The global submarine market size is poised to grow by USD 6.22 billion during 2020-2024, progressing at a CAGR of over 4% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.



The global submarine market is driven by the growing arms race among countries. There is a growing need for countries to improve their underwater combat capabilities due to the number of conflicts involving maritime borders and trade routes. To gain or sustain military supremacy, countries are focusing on developing and procuring the most sophisticated and high-end military platforms such as submarines. Asia's largest defense spender China plans to procure more attack submarines and nuclear-armed submarines in the upcoming years. As of October 2020, it was estimated that China operated a total of 66 submarines, including SSBN, SSN, and SSK. Countries such as Japan, South Korea, Pakistan, Australia, and Taiwan are also making significant investments in this domain. Such initiatives are driving revenue growth in the global submarine market.

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Report Highlights:

  • The major submarine market growth came from the SSN segment in 2019, and this segment is expected to grow at a significant rate during the forecast period.
  • North America was the largest submarine in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the strategic need for deterrent capabilities and the aging and retiring submarines.
  • The global submarine market is concentrated. BAE Systems Plc, DSME Co. Ltd., Fincantieri Spa, General Dynamics Corp., Huntington Ingalls Industries Inc., Mitsubishi Heavy Industries Ltd., Naval Group, Saab AB, thyssenkrupp AG, and United Shipbuilding Corp. are some of the major market participants. To help clients improve their market position, this submarine market forecast report provides a detailed analysis of the market leaders.
  • As the business impact of COVID-19 spreads, the global submarine market 2020-2024 is expected to have negative growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Advances in Undersea Warfare will be a Key Market Trend

There are increasing possibilities for undersea attacks as security measures are getting stricter about conventional international borders. Countries that are situated along the coastlines have a need to protect themselves from such threats. Hence, countries are investing in building their maritime defense capabilities in the interest of national security. Of all the other naval platforms, submarines are used for ensuring a high level of naval defense. This is due to its capabilities to launch covert counter attacks and its ability to stay submerged for extended periods without being detected. Thus, advances in undersea warfare is expected to drive the growth of the market.

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Submarine Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist submarine market growth during the next five years
  • Estimation of the submarine market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the submarine market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of submarine market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • SSN - Market size and forecast 2019-2024
  • SSBN - Market size and forecast 2019-2024
  • SSK - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BAE Systems Plc
  • DSME Co. Ltd.
  • Fincantieri Spa
  • General Dynamics Corp.
  • Huntington Ingalls Industries Inc.
  • Mitsubishi Heavy Industries Ltd.
  • Naval Group
  • Saab AB
  • thyssenkrupp AG
  • United Shipbuilding Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
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Website: www.technavio.com/

DUBLIN--(BUSINESS WIRE)--The "Thermal Energy Storage Market by Technology (Sensible, Latent, Thermochemical), Storage Material (Water, Molten Salts, PCM), Application (Power Generation, District Heating & Cooling, Process Heating & Cooling), End User and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.


The global thermal energy storage market size is projected to grow from an estimated USD 188 million in 2020 to USD 369 million by 2025, at a CAGR of 14.4% from 2020 to 2025.

The rising number of CSP projects across globe are driving demand for thermal energy storage. The Middle Eastern & African and American countries, such as the US, Morocco, South Africa, and the UAE, are experiencing an upsurge in the demand for electricity for district heating & cooling, and process heating & cooling applications.

The latent heat storage segment is expected to be the fastest-growing of the thermal energy storage market, by technology, during the forecast period.

Latent heat storage has the advantage of storing large amounts of heat with only small temperature changes and, therefore, has a high storage density. Phase change materials work on constant temperature, both while charging and discharging. The use of phase change materials can be found in solar energy storage systems for water heating, greenhouses, space heating and cooling, cooking, and waste heat recovery systems.

Americas: The fastest market for thermal energy storage.

Americas is the fastest-growing market for the thermal energy storage market. The growth of the market in the region is driven by the launch of various CSP projects and propelling demand for thermal energy storage for district heating & cooling applications. The US has been a pioneering market for concentrating solar power technology, with CSP installations since the 1980s. The stellar decline in solar PV prices took the attention away from the CSP industry, although project developments continued. The US is the only significant market in the region, with virtually no action in South America and Canada in the near future. However, Chile has some operational thermal energy projects and leads the market in South America with CSP installations for mining and utility-scale power supply.

Market Dynamics

Drivers

  • Demand for Energy Storage for Supplementing Ever-Increasing Solar Energy Generation
  • Increasing Hvac Applications Fueling Demand for Thermal Energy Storage
  • Promotion of Tes by Governments and Other Regulatory Authorities

Restraints

  • High Grid Connection Barriers Related to Thermal Energy Storage
  • Competition from Battery Storage and Pumped-Storage Technologies

Opportunities

  • Decentralization of Renewable Energy Sector
  • Increasing Use of Molten Salts for CSP Plants

Challenges

  • High Initial Costs, Along with Changing Costs by Technology

Companies Mentioned

  • Abengoa
  • Baltimore Aircoil Company
  • Brightsource Energy
  • Burns & Mcdonnell
  • CB&I (Mcdermott)
  • Caldwell Energy
  • Calmac
  • Cristopia Energy
  • Cryogel Thermal Energy Storage
  • DC Pro Engineering
  • Dunham Bush
  • Evapco
  • Fafco
  • Lime
  • Man Energy Solutions
  • Solarreserve
  • Steffes Corporation
  • Sunwell Technologies
  • Turbine Air Systems (TAS)
  • Vogtice

For more information about this report visit https://www.researchandmarkets.com/r/gxppka


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

--(BUSINESS WIRE)--#PowerIntegrations--Power Integrations, Inc., is a Silicon Valley-based supplier of high-performance components used in high-voltage power conversion. Our integrated circuits enable compact, energy-efficient AC-DC power supplies for a vast range of electronic products including smartphones, appliances, smart utility meters, LED lights and numerous industrial applications, while our SCALE™ gate drivers are critical components in high-power systems such as solar and wind energy, industrial motor drives, electric vehicles and high-voltage DC transmission lines. Since its introduction in 1998, Power Integrations' EcoSmart® energy-efficiency technology has prevented billions of dollars' worth of energy waste and millions of tons of carbon emissions. Reflecting the environmental benefits of our products, Power Integrations' stock is a component of clean-technology stock indices sponsored by Cleantech Group LLC and Clean Edge. Visit our Green Room for a comprehensive guide to energy-efficiency standards around the world.


Company:

 

Power Integrations

 

 

 

Headquarters Address:

 

5245 Hellyer Avenue

 

 

San Jose, CA 95138

 

 

 

Main Telephone:

 

408-414-9200

 

 

 

Website:

 

www.power.com

 

 

 

Ticker/ISIN:

 

POWI(NASDAQ)/US7392761034

 

 

 

Key Executives:

 

CEO: Balu Balakrishnan

 

 

CFO: Sandeep Nayyar

 

 

Vice President, Marketing: Doug Bailey

 

 

 

Public Relations

 

 

Contact:

 

Diane Vanasse

Phone:

 

+1 408-242-0027

Email:

 

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

Investor Relations

 

 

Contact:

 

Joe Shiffler

Phone:

 

+1 408-414-8528

Email:

 

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

Public Relations

 

 

Contact:

 

Nick Foot

Phone:

 

+44 (0) 1491-636 393

Email:

 

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Selected as One of Four Companies for Innovative Clean Technology Solution to Lower Carbon Emissions

NEW YORK--(BUSINESS WIRE)--#energyefficiency--COI Energy has been named one of four winners of the 76West Clean Energy Business Competition. Nineteen semifinalists out of 183 applicants worldwide competed and COI Energy was awarded $500,000 to further develop its clean technology solution to lower carbon emissions and increase energy efficiency in buildings.

COI Energy has developed and deployed the first digital energy platform that successfully brings utilities and businesses together to detect, as well as eliminate, energy waste in buildings which in turn optimizes interactions with the electric grid. COI Energy will use the funding to deliver new features that will help businesses better manage energy demand, lower their carbon footprint in addition to increasing product sales.

“I’m truly honored that COI Energy was selected as a winner of the 76West Clean Energy Business Competition. This award is an acknowledgement of the tireless work my team has put in to bring our innovative clean technology to market,” said SaLisa Berrien, founder and CEO of COI Energy. “With these funds, COI Energy will be able to deliver 2.75GW of clean energy solutions to the electric grid from buildings, gift at least 500 homes from disadvantaged communities with clean energy solutions, and reduce the carbon footprint of businesses on our platform by 25 percent.”

The 76West Clean Energy Business Competition fosters cleantech economic development while expanding innovative entrepreneurship and economic growth in the Southern Tier. The program and resulting innovative initiatives support Governor Andrew M. Cuomo’s climate and clean energy goals as outlined in the nation-leading Climate Leadership and Community Protection Act that has set New York State on a path to a carbon-neutral economy.

Doreen M. Harris, Acting President and CEO of NYSERDA said, “Congratulations to SaLisa Berrien and the COI Services Energy team on becoming a 76West winner. Lowering carbon emissions from buildings is one of the most important areas for New York to address as it works to support Governor Cuomo’s efforts to fight climate change and their technology will help businesses realize tangible, cost saving results with energy management solutions.”

ABOUT COI ENERGY

Founded in 2016, COI Energy offers innovative technology solutions to electric utility companies that help improve the energy performance of its small to medium businesses, industrial, and commercial clients.

The company’s solutions focus on eliminating energy waste by optimizing energy behaviors with the ability to monetize energy assets for use with Demand Response, Energy Efficiency, and Renewable Energy markets. For additional information, contact us at 855.983.4667.


Contacts

Sara Parvez, COI Energy, This email address is being protected from spambots. You need JavaScript enabled to view it.

LONDON--(BUSINESS WIRE)--#IndustrialAutomationandInstrumentationMarketinIndia--Technavio has been monitoring the industrial automation and instrumentation market in India, operating under the industrials segment. The latest report on the industrial automation and instrumentation market in India, 2020-2024 estimates it to register an incremental growth of USD 2.58 bn, at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.



Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download Latest Free Sample Report on COVID-19 Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., General Electric, Honeywell International Inc., Robert Bosch GmbH, Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, and Siemens AG are among some of the major market participants.

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The growing shift toward lean manufacturing has been instrumental in driving the growth of the market. However, high upfront and upgrade costs might hamper the market growth.

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Industrial Automation and Instrumentation Market in India 2020-2024: Segmentation

Industrial Automation and Instrumentation Market in India is segmented as below:

  • Product
    • Industrial Automation
    • Industrial Instrumentation
  • End-user
    • Process Industry
    • Discrete Industry

Based on product segmentation, over 61% of the market’s growth originated from the industrial automation segment during the forecast period. In addition, the process industry led the market share in the end-user segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial automation and instrumentation market size in India.

Industrial Automation and Instrumentation Market in India 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The industrial automation and instrumentation market in india report covers the following areas:

  • Industrial Automation and Instrumentation Market in India Size
  • Industrial Automation and Instrumentation Market in India Trends
  • Industrial Automation and Instrumentation Market in India Industry Analysis

This study identifies the simplification of manufacturing through automation as one of the prime reasons driving the industrial automation and instrumentation market growth in India during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Industrial Automation and Instrumentation Market in India 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist industrial automation and instrumentation market growth in India during the next five years
  • Estimation of the industrial automation and instrumentation market size in India and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial automation and instrumentation market in India
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial automation and instrumentation market vendors in India

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Industrial automation - Market size and forecast 2019-2024
  • Industrial instrumentation - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user placement
  • Process industry - Market size and forecast 2019-2024
  • Discrete industry - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer landscape

  • Overview

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Eaton Corp. Plc
  • Emerson Electric Co.
  • General Electric
  • Honeywell International Inc.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schlumberger Ltd.
  • Schneider Electric SE
  • Siemens AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) today announced that it will release its third-quarter 2020 financial results before the market opens on Thursday, November 5, 2020, and host a conference call that morning for investors and analysts.


Time:

10:00 a.m. ET

Dial-in numbers:

(877) 709-8155 (U.S. and Canada)

 

(201) 689-8881 (International)

The call also will be webcast live and archived on the Investor Relations section of the Global Partners website, https://ir.globalp.com.

About Global Partners LP

With approximately 1,550 locations primarily in the Northeast, Global is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit https://www.globalp.com/.


Contacts

Daphne H. Foster
Chief Financial Officer
Global Partners LP
(781) 894-8800

Edward J. Faneuil
Executive Vice President,
General Counsel and Secretary
Global Partners LP
(781) 894-8800

PG&E has already restored power to approximately 74% of customers affected by the Oct. 21 PSPS

12 Community Resource Centers Open Until 10 p.m. Tonight and Re-Opening at 8 a.m. Friday to Provide Customers with Water, Restrooms, Device Charging and More

Potential Future PSPS Update: Another Wind Event Expected Sunday Morning Which Could Mean Turning Off Power to Customers in Targeted Portions of Select Counties

SAN FRANCISCO--(BUSINESS WIRE)--By late Friday (Oct. 23), Pacific Gas and Electric Company (PG&E) expects to restore power to essentially all the 31,000 PG&E customers in seven counties who are affected by the Public Safety Power Shutoff (PSPS) that began on Wednesday (Oct. 21).

PG&E turned off the power to these customers, the majority living in Shasta, Butte and Tehama counties, to protect their safety and the safety of their communities because of strong, windy weather that elevated the risk of wildfires in Northern and Central California. Due to changing weather conditions Wednesday evening, PG&E was able to decrease customer impact by another 16% than previously estimated, removing about 6,000 customers and eight counties from the scope.

PG&E meteorologists forecast that the strongest winds will subside Friday morning, enabling crews to begin patrolling power lines (by air, vehicle and on foot) to ensure that no damage or hazards exist before those lines can be re-energized and those customers restored. PG&E expects all customers who can receive service will be back in power by 10 p.m. Friday.

Meanwhile, PG&E meteorologists are monitoring an additional potential wind event due to arrive Sunday. Although it’s still three days away and weather conditions can rapidly change, it has the potential to be a larger scale event than the PSPS event that began Wednesday, Oct. 21. Tomorrow, the company plans to begin notifications two days in advance of the event for potentially impacted customers indicating the possibility of another power shutoff for safety Sunday morning.

“Our crews have been patrolling lines in helicopters, in vehicles, and on foot today and will continue into Friday in order to safely restore customers’ power as soon as possible. We know that being without power represents a hardship, especially for customers who might have to lose power a second time within a week. We are making every effort to restore power by Friday at latest so that our customers can run their appliances, recharge their devices and do what’s needed before the power potentially goes off again on Sunday morning,” said Mark Quinlan, a PG&E senior director and incident commander for the PSPS events.

Here are some updates related to the two PSPS events:

Current Oct. 21-23 Public Safety Power Shutoff

The PSPS that began Wednesday evening remains in place for some customers and PG&E is continuing to monitor conditions across the de-energized areas.

The top three recorded wind gust speeds by noon today were 56, 52 and 45 miles per hour. in Shasta, Butte and Yolo counties respectively, with humidity and fuel moisture levels remaining low.

Crews have already restored power to about 74 percent of customers affected by the Oct. 21 PSPS, with about 8,000 customers remaining as of 7:30 p.m.

Community Resource Centers

To support our customers, beginning Wednesday, PG&E planned to open 20 Community Resource Centers (CRCs) that operate from 8 a.m. to 10 p.m. through the current PSPS event. However, seven of these locations were cancelled last night after the weather risk lessened and those areas were removed from the event scope as they did not have to be de-energized. An additional CRC closed once all customers in Glenn County were restored this evening. Thirteen temporary CRCs are now open to customers when power is out at their homes and provide ADA-accessible restrooms, hand-washing stations, medical-equipment charging, Wi-Fi; bottled water, grab-and-go bags and non-perishable snacks.

PG&E will also open CRCs for affected customers should the potential Oct. 24-26 PSPS come to fruition.

For updates on the CRCs, check here.

Potential Future Oct. 24-26 Public Safety Power Shutoff

PG&E meteorology is tracking and forecasting a potential PSPS event encompassing areas and adjacent terrain of the northern and western Sacramento Valley, Northern and Central Sierra, higher terrain of the Bay Area, the Santa Cruz Mountains, Central Coast Region and portions of southern Kern.

Support for Customers with Medical Needs

In order to support customers during both PSPS events, PG&E is also partnering with 30 community-based organizations (CBOs) to assist customers with medical, financial, language and aging needs before, during and after PSPS events. These activities include:

  • Collaborating with the California Foundation for Independent Living Centers (CFILC) through a grant program to support the Access and Functional Needs (AFN) community. This support for customers with medical and independent living needs includes:
    • Enabling qualifying customers who use electrical medical devices to access backup portable batteries
    • Emergency preparedness outreach and education
    • Promotion of Medical Baseline Program
    • Accessible transportation resources
    • Hotel stays
    • Food stipends
  • Working with nine food banks and 10 local Meals on Wheels chapters.
  • Expanding availability of materials in American Sign Language (ASL).
  • Establishing an advisory group to help create solutions for emergency preparedness for customers with medical needs.

Details about these resources are at our website at pge.com/disabilityandaging.

So far in 2020, more than 1,000 portable batteries have been provided to vulnerable customers via the CFILC’s Disability Disaster Access and Resources Program and through PG&E’s Portable Battery Program.

Here’s Where to Go to Learn More

  • PG&E’s emergency website pge.com/pspsupdates is now available in 13 languages. Currently, the website is available in English, Spanish, Chinese, Tagalog, Russian, Vietnamese, Korean, Farsi, Arabic, Hmong, Khmer, Punjabi and Japanese. Customers will have the opportunity to choose their language of preference for viewing the information when visiting the website. In addition, PG&E’s contact center has translation services available in over 200 languages. Customers who need in-language support over the phone can contact us by calling 1-833-208-4167.
  • For additional language support services including how to set language preference, select options for obtaining translated notifications, and receive other translated resources on PSPS, customers can visit pge.com/pspslanguagehelp. This website is also available in 13 languages as listed above.
  • Customers are encouraged to update their contact information and indicate their preferred language for notifications by visiting pge.com/mywildfirealerts or by calling 1-800-743-5000. PG&E’s contact center has translation services available in over 200 languages.
  • Tenants and non-account holders can sign up to receive PSPS ZIP Code Alerts for any area where you do not have a PG&E account by visiting pge.com/pspszipcodealerts.
  • PG&E has launched a new tool at its online Safety Action Center at safetyactioncenter.pge.com to help customers prepare. By using the "Make Your Own Emergency Plan" tool and answering a few short questions, visitors to the website can compile and organize the important information needed for a personalized family emergency plan.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation's cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.


Contacts

MEDIA RELATIONS
415-973-5930

MIDLAND, Texas--(BUSINESS WIRE)--Ring Energy, Inc. (NYSE: REI) ("Ring Energy" or the "Company"), today announced it has entered into a definitive agreement with institutional investors for the purchase and sale of $18 Million of (i) 12,000,000 Common Shares, (ii) 9,052,630 Pre-Funded Warrants and (iii) 21,052,630 Common Warrants at an effective combined purchase price of $0.855 per unit in a registered direct offering priced at-the-market. The Common Warrants will have an exercise price of $0.855 per share, are exercisable immediately and have a term of five years. The closing of the offering is expected to occur on or about October 26, 2020, subject to the satisfaction of customary closing conditions.


A.G.P./Alliance Global Partners is acting as sole placement agent for the offering.

This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-237988) previously filed with the U.S. Securities and Exchange Commission (the “SEC”). A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ring Energy, Inc.

Ring Energy, Inc. is an oil and gas exploration, development and production company with current operations in Texas.

www.ringenergy.com

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995 that involve a wide variety of risks and uncertainties, including, without limitations, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2019, its Form 10-Q for the quarter ended June 30, 2020, and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, the Company’s ability to acquire productive oil and/or gas properties or to successfully drill and complete oil and/or gas wells on such properties, general economic conditions both domestically and abroad, the conduct of business by the Company, and other factors that may be more fully described in additional documents set forth by the Company.


Contacts

K M Financial, Inc.
Bill Parsons, 702-489-4447

LONDON--(BUSINESS WIRE)--#fuel--The Fuel Cards Market is poised to experience spend growth of more than USD 167 billion between 2020-2024 at a CAGR of over 4.41%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages



Read the 120-page research report with TOC and LOE on "Fuel Cards Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend."

SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Fuel Cards Market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment

Insights into the Market Price Trends

  • Suppliers in this market have moderate bargaining power owing to moderate pressure from substitutes and a moderate level of threat from new entrants.
  • Buyers can benchmark their preferred pricing models for fuel cards Market, Procurement, Management with the wider industry information and identify the cost-saving potential.

Insights to help buyers identify and shortlist the most suitable suppliers for their Fuel Cards Market requirements. This procurement report answers the following questions:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the Fuel Cards Market category essentials in terms of SLAs and RFx?

To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free.

Insights into strategies that will help buyers optimize their category management practices. The report answers the following questions:

  • What should be my strategic procurement objectives, activities, and enablers for the Fuel Cards Market category?
  • What negotiation levers can I pull for cost-saving?
  • What are Fuel cards market procurement best practices I should be promoting in my supply chain?

Some of the top Fuel Cards Market suppliers enlisted in this report

This Fuel Cards Market procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • BP Plc
  • Royal Dutch Shell Plc
  • Total SA
  • FLEETCOR TECHNOLOGIES Inc.
  • WEX Inc.
  • Exxon Mobil Corp.
  • Visa Inc.
  • World Fuel Services Corp.
  • Mastercard Inc.
  • Marathon Petroleum Corp.

Get access to regular sourcing and procurement insights to our digital procurement platform- Contact Us.

Table of Content

Executive Summary

Market Insights

Category Pricing Insights

Cost-saving Opportunities

Best Practices

Category Ecosystem

Category Management Strategy

Category Management Enablers

Suppliers Selection

Suppliers under Coverage

US Market Insights

Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo


Contacts

SpendEdge
Anirban Choudhury
Marketing Manager
US: +1 630 984 7340
UK: +44 148 459 9299
https://www.spendedge.com/contact-us

Red Hook will implement Octopi at two of its terminals by 2021 to enhance visibility and productivity at its locations

OAKLAND, Calif.--(BUSINESS WIRE)--Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Red Hook Terminals has signed a subscription agreement for Octopi by Navis at its Newark, NJ and Brooklyn, NY locations. Red Hook Terminals selected Octopi’s cloud-based TOS because it offered a solution that would help its business become more dynamic and remain competitive in the industry.


With over 30 years of experience, Red Hook Terminals is the only terminal operator with facilities in Brooklyn and Port Newark. At its locations, Red Hook is able to handle any size or type of cargo to serve beneficial cargo owners and shippers east and west of the Hudson River, as well as regions north and south. To remain competitive in the evolving industry, Red Hook Terminals was looking to upgrade its TOS at the New York and New Jersey locations to a flexible system that would be able to be deployed with maximum value and little IT investment. As Red Hook Terminal’s business goals were to increase visibility, productivity, and optimize operations at the terminals, Octopi was the only choice to meet their needs with maximum ROI.

“By choosing Octopi’s cloud-based TOS, we will be able to easily transition to a more modern and comprehensive system, which will upgrade our offerings to benefit our business and customers,” said Tom Griffith, Executive Vice President of Red Hook Terminals. “Octopi’s functionality and utilization of real-time data will give us the tools and critical insights into our operation that will allow us to improve productivity and efficiency at our terminals.”

“With Octopi’s innovative TOS, we are able to provide a more affordable and nimble solution to help terminals reach their full business potential with enterprise-level functionality,” said Martin Bardi, Vice President of Global Sales, Octopi by Navis. “We are thrilled to partner with Red Hook Terminals and look forward to helping them transition to a new system to optimize their operations and better serve their customers in the region.”

For more information visit www.navis.com and www.octopi.co.

About Octopi

Octopi is the leading developer of cloud based software solutions for port terminal operators. The Octopi Terminal Operating System (TOS) helps seaport terminal operators manage their operations, track their cargo, and communicate electronically and in real-time with their commercial partners. The Octopi TOS provides small terminal operators the agility and adaptability required to modernize and efficiently run their operational ecosystem. www.octopi.co

About Navis, LLC

Navis, a part of Cargotec Corporation, is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Through its holistic approach to operational optimization, Navis customers benefit from improved visibility, velocity and measurable business results. Whether tracking cargo through a terminal, improving vessel safety and cargo capacity, optimizing rail network planning and asset utilization, automating equipment operations, or managing multiple terminals through an integrated, centralized solution, Navis helps all customers streamline operations. www.navis.com

About Cargotec Corporation

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimize global cargo flows and create sustainable customer value. Cargotec's sales in 2019 totaled approximately EUR 3.7 billion and it employs around 12,000 people. www.cargotec.com


Contacts

Jennifer Grinold
Navis, LLC
T+1 510 267 5002
This email address is being protected from spambots. You need JavaScript enabled to view it.

Geena Pickering
Affect
T+1 212 398 9680
This email address is being protected from spambots. You need JavaScript enabled to view it.

30 MWs expected to be online by Summer 2021
Located near renewable wind projects whose output is frequently congested
Environmentally advantaged & low-cost investment approach

NEW YORK--(BUSINESS WIRE)--SER Capital Partners, LLC (“SER”), a sustainable-investment focused private equity firm, has acquired three project companies from HGP (“HGP”), a Texas-based energy developer, in September 2020. As part of its investment, SER also entered into a strategic arrangement with LG Chem, Ltd. (“LG Chem”), a leading lithium-ion battery supplier to ensure the most environmentally sustainable, safest, and lowest cost equipment to serve its Texas customer base.

Sara Graziano, Partner of SER, said: “We believe that the acquisition of HGP’s provides an optimal path for SER to sustainably invest in Texas. These projects will help Texas integrate renewables and reduce fossil-fueled pollutants while improving the environment and providing economic benefits and jobs to the region. Further, our partnership with LG Chem gives us access to innovative, safe, and cost-effective equipment to deploy on these projects.”

We have been working in the power markets for over 20 years and have seen firsthand the disruption that renewables and intermittent resources have had,” said Greg Forero, HGP Co-founder, and President. “As we move to a truly clean energy future and progress through the lifecycle of energy transition, our work alongside that of Perfect Power, a portfolio company of SER, will continue to focus on identifying the best in class assets that improve grid resiliency and achieve meaningful economic returns while accelerating the decarbonization of our energy grids.”

Rahul Advani, Managing Partner of SER added: “In closing on its second investment within the past three months and committing approximately $70 million of equity capital, SER has distinguished itself as a credible partner to talented management teams and to limited partner investors seeking PE investment opportunities tied to sustainability.”

Metric Point Capital acted as the exclusive placement agent for the fundraise.

About SER Capital Partners

SER Capital Partners is an independent, middle-market private equity firm dedicated to investing in North America’s sustainable industrial, environmental, and renewable businesses. Over the past two decades, its team members have amassed successful experience in its targeted sectors as private equity investors and senior executives at both private and public businesses. The firm’s strategy is to create attractive investments while also authentically measuring and improving sustainability. SER team members are also committed to aligning interests across its investors, team members, portfolio companies, and communities. More is available at www.sercapitalpartners.com.

About LG Chem

LG Chem is one of the world's largest lithium-ion battery manufacturers with a market-leading position in advanced batteries for grid-scale, residential storage, and automotive applications. Our advanced lithium-ion battery technology is the product of 26 years of experience in the development and production of mobile batteries and large format batteries for automotive and energy storage systems (ESS). LG Chem's commitment to technology leadership coupled with efficient and high-quality manufacturing processes produces batteries that exhibit the highest levels of safety, performance, and reliability. For more information about LG Chem's ESS Battery, please visit www.lgessbattery.com.

About HGP

HGP storage is a development and investment company focusing on building decentralized and distributed storage resources to achieve a decarbonized energy future. HGP storage was founded by a veteran team of energy and commodity executives, power system specialists, and engineers to provide Energy As A Service (EAAS) assets and storage solutions.

Metric Point Capital (Member FINRA and SIPC)

Metric Point Capital (“Metric Point”) is a capital advisory and placement firm specializing in raising institutional capital for alternative investment managers. Fund and co-investment assignments include leveraged buyouts, energy, real estate, infrastructure, royalties, mining, credit, and distressed debt, among others. Metric Point advises on all aspects of the fundraising process, including competitive positioning, preparation of marketing materials, comprehensive strategic fundraising planning, and distribution. The firm has professionals located in New York, Stamford, Chicago, Los Angeles, and Austin.


Contacts

Rahul Advani
SER, Managing Partner
This email address is being protected from spambots. You need JavaScript enabled to view it.
(415) 873-1015

Sara Graziano
SER, Partner
This email address is being protected from spambots. You need JavaScript enabled to view it.
(212) 482-2118

Alex Leykikh
Metric Point, Partner
This email address is being protected from spambots. You need JavaScript enabled to view it.
(860) 478-7359

DUBLIN--(BUSINESS WIRE)--The "Sustainable Aviation Fuel Market by Fuel Type (Biofuel, Hydrogen Fuel, Power to Liquid Fuel), Biofuel Manufacturing Technology, Biofuel Blending Capacity, Platform, Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.


The sustainable aviation fuel market is projected to grow from estimated USD 66 million in 2020 to USD 15,307 million by 2030, at a CAGR of 72.4% during the forecast period.

This growth can be attributed to factors, such as increasing need for reduction in GHG emissions in aviation industry, increasing air passenger traffic, high fuel efficiency of renewable jet fuel.

The sudden outbreak of COVID-19 has adversely impacted the aviation sector in 2020. The immediate lockdown in various nations across the globe, bans on domestic and international flights during the lockdown, air travel restrictions on non-essential travel, temporary halts in production and manufacturing activities, and limited workforce as per new government norms to prevent the spread of the disease have led to delays in the deliveries of aircraft in the first and second quarter of 2020 as well as delays in the research and development activities.

Based on fuel type, the biofuel segment is estimated to lead the sustainable aviation fuel market during the forecast period

Based on fuel type, the biofuel segment of the sustainable aviation fuel market accounts for the largest share during the forecast period. The greatest potential of biofuel lies in its ability to significantly reduce GHG emissions in the aviation sector and positively impact climate change. The strong and ongoing commitment of the aviation sector and the active involvement of an increasing numbers of stakeholders such as airlines and many aviation organizations to develop biofuel through voluntary initiatives has been a major driving force behind biofuel development and consumption. The production of biofuel is expected to scale up rapidly in the coming decade due to rapid developments in technological pathways to commercialize the use of alternative jet fuel.

Based on biofuel manufacturing technology, the hydro processed fatty acid esters and fatty acids - synthetic paraffinic kerosene (HEFA-SPK) segment is estimated to lead the sustainable aviation fuel market in 2020

Based on biofuel manufacturing technology, the hydro processed fatty acid esters and fatty acids - synthetic paraffinic kerosene (HEFA-SPK) segment of the sustainable aviation fuel market is expected to grow at the highest CAGR during the forecast period. The development and deployment of bio-jet fuels, primarily HEFA bio-jet, has progressed from single demonstration flights by airlines or equipment manufacturers to multi-stakeholder supply-chain initiatives including equipment manufacturers, airlines, fuel producers and airports. This growth can be attributed to the technology being most commercially available for the production of sustainable aviation fuel.

Based on biofuel blending capacity, the 30% to 50% segment is expected to grow at the highest CAGR during the forecast period

Based on biofuel blending capacity, the 30% to 50% segment of the sustainable aviation fuel market is expected to grow at the highest CAGR during the forecast period. The moderate blend capacity, drop-in facility in existing fuel systems, supply logistics infrastructure, and aircraft fleet allow to minimize the overall cost and cater to the volume demands from commercial and military aviation.

Based on platform, the commercial aviation segment is estimated to lead the sustainable aviation fuel market during the forecast period

Based on platform, the commercial aviation segment of the sustainable aviation fuel market accounts for the largest share during the forecast period. The growth of this segment can be attributed to the increase in the aircraft fleet of emerging economies in the commercial aviation sectors. The initiatives taken by the various commercial airlines, commercial airports, and aircraft manufacturers across the globe in adoption of renewable jet fuel is driving the growth of this segment in sustainable aviation fuel market.

Market Dynamics

Drivers
  • Increasing Need for Reduction in GHG Emissions in Aviation Industry
  • Increasing Air Passenger Traffic
  • High Fuel Efficiency of SAF

Restraints

  • Inadequate Availability of Feedstock and Refineries to Meet SAF Production Demand
  • Price Differential Between SAF and Conventional Jet Fuel

Opportunities

  • Rising Demand for SAF by Airlines Across the Globe
  • Drop-In Capability of SAF Increases Its Demand to Reduce Carbon Footprint
  • Government Initiatives Such as Tax Reductions on Aviation Fuel and Set Standards
  • Sustainable Marine Fuel

Challenges

  • Increased Cost of SAF Increases Operating Cost of Airlines
  • Techno-Economic Analysis (Tea) and Lifecycle Analyses Are Inconsistent
  • Huge Investments Required for Approval and Certification of SAF
  • Large Quantity of SAF Must be Produced to Increase Fuel Blends

Companies Mentioned

  • Aemetis, Inc.
  • Amyris
  • Avfuel Corporation
  • Ballard Power Systems
  • BP P.L.C.
  • Chevron Corporation
  • ENI
  • Exxon Mobil Corporation
  • Fulcrum Bioenergy
  • Gevo
  • Honeywell International Inc.
  • Hydrogenics
  • Hypoint, Inc.
  • Johnson Matthey
  • Lanzatech
  • Neste
  • Petrixo Oil & Gas
  • Preem Ab
  • Red Rock Biofuels
  • Sasol
  • SG Preston Company
  • Shell
  • Skynrg
  • Sundrop Fuels, Inc.
  • Terravia Holdings Inc.
  • Total Sa
  • Velocys
  • Virent Inc.
  • World Energy
  • Zeroavia, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ipfvex


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DUBLIN--(BUSINESS WIRE)--The "Global Diesel Bottled (Aftermarket) Fuel Additives Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.


The diesel bottled (aftermarket) fuel additives market is poised to grow by $ 167.59 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period. The report on diesel bottled (aftermarket) fuel additives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high consumption of diesel bottled fuel additives due to rising vehicle population and an increase in marine trading and logistics activities. In addition, high consumption of diesel bottled fuel additives due to the rising vehicle population is anticipated to boost the growth of the market as well.

This study identifies the increasing demand for biodiesel as one of the prime reasons driving the diesel bottled (aftermarket) fuel additives market growth during the next few years.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading diesel bottled (aftermarket) fuel additives market vendors that include Afton Group, BASF SE, Callington Haven Pty. Ltd., Chevron Corp., Cummins Inc., Evonik Industries AG, LIQUI MOLY GmbH, Lucas Oil Products Inc., The Lubrizol Corp., and Total SA.

Also, the diesel bottled (aftermarket) fuel additives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End user

  • Market segments
  • Comparison by End user
  • Automotive - Market size and forecast 2019-2024
  • Oil and gas - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End user

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Cetane improvers - Market size and forecast 2019-2024
  • Cold flow improvers - Market size and forecast 2019-2024
  • Corrosion inhibitors - Market size and forecast 2019-2024
  • Anti-icing - Market size and forecast 2019-2024
  • Combustion improvers - Market size and forecast 2019-2024
  • Deposit controllers - Market size and forecast 2019-2024
  • Antioxidants - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver-Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Afton Group
  • BASF SE
  • Callington Haven Pty. Ltd.
  • Chevron Corp.
  • Cummins Inc.
  • Evonik Industries AG
  • LIQUI MOLY GmbH
  • Lucas Oil Products Inc.
  • The Lubrizol Corp.
  • Total SA

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/bib8m0


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--The Business Intelligence Group named Zen Ecosystems’ Zen Loop the Sustainability Product of the Year in the 2020 Sustainability Awards program. The Sustainability Awards honor those people, teams and organizations who have made sustainability an integral part of their business practice or overall mission.


Recently, Zen launched a new suite of sophisticated grid integration services for energy distributors and commercial customers. The new service includes their patented software application called Zen LOOP, which delivers intelligent demand management of distributed energy resources (DERs). Zen LOOP can intelligently respond to electric utility pricing signals, demand response programs, and many other energy or weather-related inputs to reduce energy use and peak demand charges, at a single location, or across a portfolio of buildings, driving significant energy savings, greenhouse gas reductions, and even create new recurring revenue streams.

“Zen Loop has allowed us to assist our customers in reducing their carbon footprint and save energy while still maintaining comfort in their sites. Innovative algorithms like Zen Loop are crucial to maintaining grid reliability and stability as we head towards a carbon neutral economy” said James Muraca, VP of Product at Zen Ecosystems.

“We are proud to reward and recognize Zen Ecosystems’ Zen Loop for their sustainability efforts,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. “It was clear to our judges that their vision and strategy will continue to deliver results toward a cleaner, more sustainable world. Congratulations!”

About Zen Ecosystems

Zen Ecosystems provides intelligent energy management solutions for businesses and consumers. Zen HQ is an energy management system designed for the unique needs of businesses and utilities to provide insights and control over multi-site commercial energy usage while delivering the fastest payback in the market. The Zen Thermostat is a beautiful, simple connected device for home and business that also enables multi-system operators to enhance the customer experience. Zen Ecosystems was recognized in 2018 as the Gold Stevie Award Winner for Energy Industry Innovation of the year. In 2019, Zen was recognized again as a Gold Stevie Award winner for Company of the Year in Energy followed by winning the People’s Choice Award in the Energy Category. In 2020, their Zen Loop was recognized by the American Business Awards with a Bronze Stevie Award in the Energy Innovation of the Year as well as Bronze Stevie Award in Company of the Year in Energy. Learn more at http://zenecosystems.com.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.


Contacts

Nicole Ricouard
Marketing Director
Zen Ecosystems
949-359-8208
This email address is being protected from spambots. You need JavaScript enabled to view it.

Maria Jimenez
Chief Nominations Officer
Business Intelligence Group
1 909-529-2737
This email address is being protected from spambots. You need JavaScript enabled to view it.

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