ESS Inc. CEO Eric Dresselhuys is founding member
WILSONVILLE, Ore.--(BUSINESS WIRE)--$GWH #COP26--ESS Tech, Inc. (NYSE:GWH) (“ESS” or “ESS Inc), a manufacturer of long-duration iron flow batteries for utility-scale and commercial energy storage applications, announces its participation in the Long-Duration Energy Storage (LDES) Council launched today at COP26.
The global, CEO-led LDES Council seeks to accelerate decarbonization of the energy system and provide guidance to governments and grid operators on how LDES technologies can help achieve this at the lowest overall cost to society. Between 85 and 140 terawatt-hours (TWh) of LDES deployment will be required to achieve grid net-zero by 2040, according to the Council’s forthcoming report set to publish on November 23, 2021. The Council also estimates that at least 1 TWh of LDES deployment is needed by 2025 to put the global power sector on track for full decarbonization by 2040.
“ESS commends the formation of the LDES Council and is proud to be a founding member of an organization committed to global decarbonization,” says ESS Inc. CEO and LDES Council founding member Eric Dresselhuys. “As an industry, we are uniting to provide our expertise and experience to accelerate energy sector transformation with long-duration energy storage as a key enabler of clean, reliable power grids.”
The LDES Council is made up of 24 technology companies, users and investors. Deployment of LDES technologies in line with its projections would require a $1.5 to $3 trillion investment and facilitate an increase in dispatchable renewable energy used to eliminate the 1.5 to 2.3 Gigatons (Gt) of CO2 produced annually, equivalent to 10-15% of today’s total power emissions.
ESS joins other LDES Council founding members that also include Alfa Laval, BP, Breakthrough Energy Ventures, Form Energy, Highview Power, Siemens Energy, and others.
More information can be found at www.ldescouncil.com.
About the LDES Council
The LDES Council is a global, CEO-led organization that strives to accelerate decarbonization of the energy system at lowest cost to society by driving innovation, commercialization and deployment of long-duration energy storage.
The LDES Council provides fact-based guidance and information to governments, industry and broader society, drawing from the experience of its members, which include leading energy companies, technology providers, investors and end-users.
About ESS Inc.
ESS Inc. (NYSE:GWH) designs, builds and deploys environmentally sustainable, low-cost, iron flow batteries for long-duration commercial and utility-scale energy storage applications requiring from 4 to 12 hours of flexible energy capacity. The Energy Warehouse™ and Energy Center™ use earth-abundant iron, salt, and water for the electrolyte, resulting in an environmentally benign, long-life energy storage solution for the world’s renewable energy infrastructure. Established in 2011, ESS Inc. enables project developers, utilities, and commercial and industrial facility owners to make the transition to more flexible non-lithium-ion storage that is better suited for the grid and the environment. For more information visit www.essinc.com.
Investors:
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Ameresco will design, supply and install solar PV systems to 175 homes across Bristol and North Somerset, U.K.
FRAMINGHAM, Mass. & BRISTOL, United Kingdom--(BUSINESS WIRE)--#carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its partnership with the Bristol City Council on a £1 million solar PV project. As part of the project, Ameresco will design, supply and install solar PV systems to 175 homes across Bristol and North Somerset, U.K.
The implemented solar PV will provide an energy savings of 3,400kWh per year, which is equivalent to a carbon savings of 162 tonnes annually. Each home will also be outfitted with on average 10 panels capable of generating 375W of electricity, as well as various other energy-efficient technologies including battery storage.
The council was awarded funding for the Bright Green Homes Project by the Department of Business, Energy and Industrial Strategy (BEIS) via the Green Homes Grant, which promotes the installation of energy-efficient solutions in low-income, low EPC-rated households. The Green Homes Grant was established with the intention of fully funding the implementation of £10,000 worth of renewable solutions for eligible homes by the end of March 2022.
“Through the Bright Green Homes project, we are directly impacting Bristol’s carbon emissions, safeguarding local jobs and providing residents with a reliable source of green energy,” said Councillor Nicola Beech, Bristol Cabinet Member for Environment, Ecology, Energy and Waste. “We know that tackling household emissions will have a big part to play in our ongoing journey to become a carbon-neutral city by 2030, and schemes like this can have a tremendous impact on reducing household energy bills and tackling fuel poverty.”
Ameresco is using local contractors and firms, such as SolarSense, to deliver scheduled PV installations quickly and with minimal disruption to community residents and their homes.
“We are thrilled to help transform the state of renewable energy in Bristol, as well as enhance the lives of hundreds of residents through the implementation of state-of-the-art renewable solutions,” said Britta MacIntosh, Senior Vice President, Ameresco. “We take pride in knowing that our work will ensure the city and its residents realize significant cost savings and live a more sustainable life.”
Construction began in October 2021and will continue until at least March 2022.
To apply for the Bright Green Homes project, visit www.energyservicebristol.co.uk/funding.
To learn more about the solar PV solutions offered by Ameresco, visit https://www.ameresco.com/solution-solar-power/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.
The announcement of a customer’s entry into a project contract is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total project backlog. This project was included in our previously reported awarded backlog as of September 30, 2021.
Media Contact:
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- Under the theme of Carbon Neutrality, the exposition presents future energy technologies and declares KEPCO’s carbon neutrality vision
- Held for three days starting on November 10, 2021 online and onsite, participated by 248 companies from Korea and other countries
GWANGJU, South Korea--(BUSINESS WIRE)--#2050CarbonNeutralityVision--Korea Electric Power Corporation (President & CEO Cheong Seung-il, KEPCO) (KRX:015760) hosts the Bitgaram International Exposition of Electric Power Technology 2021 (BIXPO 2021) on November 10-12, 2021 to introduce future technologies in the energy industry. Hosted at the Kim Dae Jung Convention Center in Gwangju, the exposition is also held online simultaneously.
Marking its 7th year, the BIXPO 2021 will undoubtedly be a comprehensive international energy exposition that presents future technologies and direction of the energy industry, including renewable energies and energy efficiency, under the theme of Carbon Neutrality, the global critical issue.
KEPCO has been hosting the BIXPO to provide the global energy industry with opportunities to share the latest technologies and expand exchanges and collaborations between leading companies in Korea and other countries.
The event this year features keynote addresses by Ban Ki-moon, former Secretary General of the United Nations, and Angela Wilkinson, Secretary General of the World Energy Council (WEC).
At the ceremony of declaring the carbon neutrality vision, Cheong Seung-il, President of KEPCO, initially declares the company’s vision of achieving carbon neutrality by 2050, and discusses its significance.
To help Korea achieve the carbon neutrality goal on schedule, KEPCO plans to lead decarbonization in the energy transition sector by innovating power supply systems, and to fully support other implementation segments, such as overall industry, transportation and buildings.
As part of its efforts to reduce greenhouse gas, KEPCO will demonstrate major technologies and policies for addressing the climate crisis by composing realistic content, such as smart tables and videos of future vision.
At the Energy Leaders Summit, the primary conference of BIXPO, experts from international organizations in the energy sector including the WEC, International Renewable Energy Agency (IRENA) and International Energy Agency (IEA) will discuss global trends of implementing commitment for carbon neutrality by 2050. Also, chief executive officers and chief technology officers at global utilities will disclose commitment to achieving imminent carbon neutrality goals and action plans for achieving such goals of their respective countries.
Visitors who are difficult to participate in person in the event can take part in a variety of events online. Visitors who entered metaverse cyberspace installed in the online platform can visit each booth using their avatars as though they visit real-world booths to view videos of new technologies and directly communicate with exhibitors via voice and text chatting channels.
Major events such as the opening ceremony and international conferences can be viewed in real-time telecasts and recorded videos.
For more information, please visit the website (https://www.bixpo.kr/).
For KEPCO
PR HOUSE
Ara Jo
+82 (70) 4278-1938
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~Company advances clean energy program with the installation of solar array and linear generators in California’s Inland Empire~
~Partnering with PowerFlex and Mainspring Energy, Lineage’s Colton Agua Mansa facility installs two linear generators, and among the first of its kind to integrate a linear generator with solar panels~
~This announcement is part of Lineage’s broader energy reduction strategy through which the Company commits to achieving net-zero carbon emissions by 2040~
NOVI, Mich.--(BUSINESS WIRE)--#onelineage--Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the installation of groundbreaking clean energy advancements at its facility in Colton, CA to establish the first facility in the Lineage network to generate 100% of its energy consumption on-site.
This announcement comes in tandem with Lineage’s commitment to becoming net-zero carbon by 2040 as a signatory of The Climate Pledge, representing the Company’s industry-leading charge for a more sustainable cold chain.
Aligned with President Biden’s announcement on October 13, 2021 to invest in a secure and sustainable supply chain in the United States, Lineage has installed a 3.3MW solar array and 460kW of linear generators at its Colton Agua Mansa facility in California’s Inland Empire that, combined, will produce 100% of the facility’s energy consumption on a net basis. These advancements are indicative of Lineage’s continued prioritization of energy reduction, which started with the introduction of the Company’s responsible energy reduction roadmap in 2015.
“Lineage always strives to be responsible leaders in the communities where we live and work, and our commitment to advancing the future of renewable energy at our locations is no exception,” said Chris Thurston, head of renewable energy projects for Lineage. “Lineage is already a model for the industry with our innovative development and deployment of industry-leading technologies. Responsibly creating our own energy is an important sustainability milestone, and I am excited to see how this achievement further inspires our commitment to carbon neutrality by 2040.”
Lineage partnered with PowerFlex, a national provider of renewable energy infrastructure, to install the rooftop solar array in Colton – the second largest solar array in the Company’s leading global network of temperature-controlled warehouses. The facility has 8,426 individual solar panels that will generate an estimated 5.4 million kilowatt-hours (kWh) of clean energy annually. The Colton array is one of several onsite solar installations that PowerFlex is supporting across Lineage’s distribution centers in the United States.
“As Lineage’s long-term partner in renewable energy, we are incredibly proud to share and help execute their bold vision for impactful solar solutions across their extensive network,” said PowerFlex Director Danny Ptak. “The onsite solar project in Colton demonstrates Lineage’s ongoing commitment to deploying innovative solutions to ensure that its operations are as sustainable as humanly possible.”
The onsite linear generators, a new technology launched in March by Mainspring Energy, create electricity using a low-temperature reaction of fuel and air. Distinct from an engine or fuel cell, a linear generator directly converts motion into electricity using chemical or thermal energy. The units ramp up and down usage to enable maximum use of the building’s solar array, ensuring reliability and optimal use of renewable power at all times. This increases the site’s resiliency by reducing grid dependency and lowers operating costs. Lineage’s Colton location is the first facility in the world with two linear generators, and the first of its kind to integrate a linear generator with solar panels. The two generators were installed in October.
“Commercial and industrial buildings account for more than a third of electricity usage in the United States and play an essential role in the energy transition,” said Mainspring CEO Shannon Miller. “Mainspring designed the linear generator to accelerate this transition by delivering resilient, sustainable, and affordable generation that is also ideal for pairing with solar and other renewables. We are proud to partner with Lineage, an industry leader and pioneer in deploying innovative energy technologies.”
In December 2020, Lineage’s increased its commitment to energy reduction by implementing new and innovative technologies. In 2021, Lineage was recognized by the United States Department of Energy for Outstanding Accomplishments in Energy Efficiency for the third year in a row and the Department of Energy’s Better Plants Challenge with a commitment to reduce energy intensity by 25% by 2024.
About Lineage Logistics
Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)
About PowerFlex
PowerFlex delivers commercial and industrial customers a full range of turnkey clean energy solutions: solar, storage, smart EV charging, microgrids, and energy management systems. The Company was founded in 2017 by a Caltech research group who developed a patented Adaptive Load Management (ALM) technology to optimize power consumption across a large network of charging stations. PowerFlex Systems was acquired by EDF Renewables North America in 2019, and consolidated with EnterSolar, a leading commercial solar developer, in 2021 to expand its onsite solar offerings. For more information, visit www.powerflex.com.
About Mainspring Energy
Driven by its vision of the affordable, reliable, net-zero carbon grid of the future, Mainspring is delivering a new category of power generation — the linear generator — that delivers onsite, dispatchable, fuel-flexible power at low cost. Based in Menlo Park, Calif., Mainspring is backed by top-tier venture, strategic, and financial investors. www.mainspringenergy.com.
Lineage Logistics
Megan Hendricksen
949.247.5172
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DUBLIN--(BUSINESS WIRE)--The "North America Hydrogen Market - Overview, Demand, Policies, Deals and Key Players" report has been added to ResearchAndMarkets.com's offering.
Hydrogen markets are taking off around the world, and the publisher expects low-carbon hydrogen production in North America to nearly triple by 2030, reaching 1.4 million tons per annum (mtpa).
North America has been increasing investments in new sectors for hydrogen, such as transportation, green fuels, and power, in line with the global trend toward hydrogen as a clean energy transition fuel.
In a reversal of the global trend towards green hydrogen, 85% of upcoming low-carbon hydrogen capacity North America is blue hydrogen. Blue hydrogen production in North America is some of the cheapest in the world due to low natural gas prices and an abundance of suitable sites for geological carbon storage.
Scope
Reasons to Buy
Key Topics Covered:
2030 Production Capacity Scenarios
For more information about this report visit https://www.researchandmarkets.com/r/cfvo1b
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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- Energy management, emission reduction, sustainability and air quality solutions driving record growth -
TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol" or the "Company"), a leader in smart building technologies, announces that it continues to scale its technology and solutions as it surpasses 400 customer buildings and is set to double its market share in 2022. Accelerating energy costs, GHG emission penalties, stakeholder activism demanding more robust sustainability initiatives and the need for healthy buildings is driving record growth in the Company’s operating platform.
“The commercial, multi-residential and industrial building sectors are facing severe challenges with rising energy costs and the shift by Governments to penalize excessive GHG emissions,” said Paul Ghezzi, CEO of Kontrol Technologies. “In addition, shareholder activism is demanding that large real estate asset managers, owners and operators take immediate action to reduce emissions across their building portfolios. All of these factors are creating tailwinds in our business across our energy, emissions and air quality technology and service offerings.”
The Company has previously announced preliminary record revenues for Q3, 2021 of at least $18 Million (see press release dated October 13th, 2021). Final results for Q3 will be presented on November 15th.
Including the recent acquisition of Global HVAC and Automation (“Global”), the Company has previously announced a record order book of $160 Million. Based on its current order book and the new opportunities across its operating platform, Kontrol anticipates that it will double its customer building footprint in 2022 to 800 buildings. This is an internal management estimate based on the existing confirmed order book, the current quoting activity and the Company’s 2022 outlook. The growth in customer buildings should be considered forward looking information.
“The recent rise in energy and utility costs, coupled with concerns over GHG emissions and the importance of embedded intelligence to drive healthy and sustainable buildings is accelerating the building modernization cycle. We are currently quoting at record levels across our operating platform,” continues Ghezzi. “Kontrol continues to increase its brand and technology solutions platform for a growing blue chip customer base.”
About Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com
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Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; government and regulatory factors impacting the energy conservation industry, as well as the commercial, multi-residential and industrial building sectors
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
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180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: (905) 766.0400
Investor Relations:
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MZ Group – MZ North America
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Intent to purchase an EV among U.S. consumers increases dramatically when provided the option to wirelessly charge
More education and experience with EVs will produce more EV owners, too
WATERTOWN, Mass.--(BUSINESS WIRE)--A new research study conducted by TideWatch Partners, an independent market research firm, finds that wireless charging significantly increases the likelihood of a consumer purchasing an electric vehicle (EV) in the U.S. For those already intending to purchase an EV, their likelihood to purchase increased 40% – from 60% to 84% – when presented with wireless charging as an alternative to plugging in. The increase was even greater – nearly 70% – for people less certain about purchasing an EV.
The study, commissioned by WiTricity, aimed to uncover what it would take to accelerate the adoption of EVs among U.S. car owners. It is based on results of a September 2021 survey of more than 1,000 U.S.-based adult EV Owners, “EV Intenders” (those intending to purchase an EV in the next 18 months), and “EV Considerers” (those intending to purchase an EV in the next 5 years).
Over the summer, the U.S. joined other countries in proposing EV policies aimed to fight climate change by announcing a goal that half of all new vehicles sold in the U.S. by 2030 be electric. However, the U.S. has some work to do: according to a recent Pew Research Center survey, only 7% of U.S. adults currently have an electric or hybrid vehicle. WiTricity’s study evaluated attitudes and orientations toward EVs, and EV charging in particular, to determine barriers for consumer EV adoption and opportunities for automakers to increase sales of EVs.
The study found that education, experience, and better charging options will propel EV adoption amongst U.S. consumers.
Wireless Charging Significantly Increases Likelihood of EV Purchase
Eighty-one percent (81%) of all consumers surveyed are very or extremely interested in EV wireless charging. Respondents agree that wireless charging makes EV charging easier (72%) and more convenient (68%), and almost 2 in 3 (63%) say they’d like to see wireless charging in public EV charging stations.
Automakers looking to compete for share of the growing EV market will need to differentiate – and EV wireless charging is one way to do so, as evidenced by:
“The research shows consumers want wireless charging for their EVs,” said WiTricity CEO Alex Gruzen. “Automakers can sell more EVs when equipped with our proven wireless charging technology. Let’s improve the EV ownership experience, remove a real barrier to EV adoption, and welcome in the next wave of new EV owners.”
Experience and Education is Necessary Amongst EV Considerers and Intenders
Battery range anxiety is common among people who don’t own an EV – 41% of EV Considerers are worried that they won’t be able to go as far as they need to on a single charge. Those who have made the leap to EV ownership are 50% less likely to share that concern. EV Owners are also 50% less likely to worry about the time it takes to charge. EV Owners report driving an average of 97 miles/day, which is well within the battery range of today’s EVs, and most (74%) charge at home.
Further, once people purchase an EV, they love them. EV Owners have a Net Promoter Score (NPS) of 82%, are satisfied with their car, and 81% are likely to recommend one to others. The virtual unanimity among EV owners in their interest for wireless charging will become another benefit for them to point to as they champion their cars to others. GenX owners are even more passionate about their EV and are 10% more likely to recommend their EV than the average owner.
Charging issues overall are the major barriers for EV adoption, and wireless charging can significantly help to reduce those barriers. The availability of wireless charging increases purchase intent, will bring new owners to EVs, and will help expand the market beyond today’s early adopters.
To download the report, visit here. For more information on WiTricity’s automotive solutions, visit here.
About WiTricity
WiTricity is the global industry leader in wireless charging, powering a sustainable future of mobility that is electric and autonomous. WiTricity’s patented magnetic resonance technology is being incorporated into global automakers’ and Tier 1 suppliers’ EV roadmaps and is the foundation of major global standards developed to support wide-scale adoption. Advancements like dynamic charging of moving vehicles, and the charging of autonomous robots and vehicles without human intervention all depend on WiTricity technology. See how WiTricity enables a magically simple, efficient charging experience.
Allison Webster for WiTricity
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617-426-2222
HOUSTON--(BUSINESS WIRE)--Tellurian Inc. (Tellurian or the Company) (NYSE American: TELL) today announced that it has closed its previously announced underwritten public offering of $50 million aggregate principal amount of 8.25% senior notes due 2028. Proceeds from the offering, after deducting underwriting discounts and commissions, the structuring and advisory fee and estimated fees and expenses, were approximately $47.1 million. The Company has granted the underwriters a 30-day option to purchase an additional $7.5 million aggregate principal amount of senior notes in connection with the offering. The Company intends to use the net proceeds from this offering for general corporate purposes, including the potential acquisition of upstream assets.
Tellurian and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
B. Riley Securities, Inc., Ladenburg Thalmann & Co. Inc. and William Blair & Company, L.L.C. acted as joint book-running managers for the offering. EF Hutton, division of Benchmark Investments, LLC, acted as lead manager, and Aegis Capital Corp., Boenning & Scattergood, Inc., Colliers Securities LLC, Newbridge Securities Corporation, Revere Securities LLC, Wedbush Securities Inc. and B.C. Ziegler and Company acted as co-managers for the offering.
The offering was made pursuant to an effective shelf registration statement of the Company previously filed with the Securities and Exchange Commission (the SEC). The offering was made only by means of a prospectus supplement and the accompanying prospectus. Copies of the prospectus supplement for the offering and the accompanying prospectus may be obtained by sending a request to B. Riley Securities, Inc., Attention: Prospectus Department, 1300 North 17th Street, Suite 1300, Arlington, Virginia 22209; Telephone: (703) 312-9580, or by emailing 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 of these securities would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Tellurian Inc.
Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the NYSE American under the symbol “TELL.”
CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
Statements in this press release related to the use of proceeds from the Company’s public offering of senior notes and all other statements other than statements of historical fact are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from the forward-looking statements. Tellurian urges you to carefully review and consider the cautionary statements made in this press release, the registration statement, the “Risk Factors” section of the prospectus supplement for the offering and of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and other filings with the SEC for further information on risks and uncertainties that could affect the Company’s business, financial condition and results of operations. The Company cautions you not to place undue reliance on forward-looking statements, which speak only as of the date made. Tellurian undertakes no obligation to update any forward-looking statements in order to reflect any event or circumstance occurring after the date of this press release or currently unknown facts or conditions or the occurrence of unanticipated events. All forward-looking statements are qualified in their entirety by this cautionary statement.
Media:
Joi Lecznar
EVP Public and Government Affairs
Phone +1.832.962.4044
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Investors:
Matt Phillips
Vice President, Investor Relations
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The Energy Solutions Division of Mantis Innovation was recently named the ABC (Aggregators, Brokers, and Consultants) of the Year by The Energy Professionals Association (TEPA) during their national conference in Austin, Texas
HOUSTON--(BUSINESS WIRE)--#TEPA--Mantis Innovation, provider of smart, sustainable solutions to improve facility performance, announced today that its Energy Solutions division received the 2021-2022 TEPA (The Energy Professionals Association) ABC (Aggregators, Brokers, and Consultants) of the Year award presented during the 16th Annual TEPA Conference last week in Austin, Texas. The award is voted on by TEPA’s Supplier membership and is intended to recognize the outstanding ABC Member company in categories such as overall satisfaction, ease of doing business, ethical business practices, customer service, and market knowledge.
TEPA currently has more than 150 member organizations, representing over 10,000 energy professionals specializing in procurement, renewable energy, advancements in energy technologies, and more. Since 2014, TEPA has presented these awards to outstanding members in deregulated retail energy markets across the country. This has become a highly sought-after honor among energy professionals that meet TEPA’s standards of ethics, education, and advocacy in the market.
“Achievements such as this reflect the quality of solutions we’re providing for clients and position Mantis as a trusted leader in our industry,” said Steve Campbell, President of Energy Solutions, Mantis Innovation. “We pride ourselves on our ability to develop and maintain strong supplier relationships, including holding data-driven quarterly reviews, which have been acknowledged as some of the best in the industry. We are honored to be recognized by TEPA for these efforts.”
“We’re excited to recognize Mantis Innovation as our 2021-2022 TEPA ABC of the Year for their hard work in retail energy markets across the country,” said Shannon McGriff, Executive Director, TEPA. “Their excellent reputation amongst suppliers and customers continues to raise the industry standard. We not only appreciate their efforts to build up this industry, but the value they bring to TEPA and the clients they serve.”
This award marks the third of its kind for Mantis Innovation in just two months. The Energy Solutions division recently won two ABC Excellence Awards for Overall Satisfaction and Share of Supplier Top 5 by the Energy Research Consultant Group (ERCG).
About Mantis Innovation
Mantis Innovation is the premier provider of smart solutions that deliver better building performance through managed facility services and turnkey program management. Mantis leverages expertise from a vast array of professional disciplines in engineering, comprehensive data collection and analysis, technology-enabled solutions, and a network of trusted partners. The Mantis Innovation managed solutions include energy procurement, demand management, solar, roofing, building envelope, pavement, LED lighting, HVAC/mechanical, building automation systems, and data center optimization. Mantis is headquartered in Houston, Texas, with 17 locations across the United States from Massachusetts to Washington.
Learn more at https://mantisinnovation.com/.
Press
Mantis Innovation
Caroline Haley
Marketing Director
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(978) 394-8670
Renewable Energy Group Invests in Booster and Becomes an Exclusive Supplier of Renewable Fuels
AMES, Iowa--(BUSINESS WIRE)--$REGI #REG--Booster, the tech-enabled energy delivery service, and Renewable Energy Group (REG) (NASDAQ:REGI), a leading producer and provider of lower carbon fuels, today announced a first-of-its-kind partnership to provide mobile delivery of renewable diesel, biodiesel and blended fuels to fleets. The service started in California in August and has the potential to grow nationally.
The Booster / REG collaboration makes low-carbon fuels more accessible to clients, with convenient mobile fueling services provided by Booster. As businesses and fleets look for more sustainable solutions, REG’s bio-based diesel is easy to adopt and immediately begins reducing fossil carbon emissions. Under the new partnership, REG UltraClean Blend™ and other renewable and biodiesel fuels will be delivered to customers via Booster’s proprietary trucks, last-mile technology platform and certified drivers.
"This new service will let companies seamlessly transition their fleets to much lower-emission fuels with no equipment or infrastructure costs," said Frank Mycroft, CEO and co-founder, Booster. "Our partnership with REG will provide fleet operators with an ‘easy button’ to solve their sustainability, energy reliability and operational efficiency needs. Combining Booster and REG capabilities also offers fleet managers the data and intelligence required to meet increasingly ambitious environmental standards and business optimization targets.”
As part of the partnership, REG will be an exclusive supplier of bio-based diesel to Booster, and has become an investor in the company. Booster will also be an exclusive mobile fueler to REG and will partner with REG to explore expansion opportunities together.
“This collaboration is a perfect match for us, bringing together two innovative, sustainable solutions and building on our downstream strategy to reach customers and provide a first-class experience,” said REG Senior Vice President, Sales & Marketing, Bob Kenyon. “The energy transition is happening and this is the right place and right time for customers to adopt bio-based diesel and immediately reduce emissions in an easy and efficient manner. Our investment in Booster solidifies our commitment to enabling consumers with the ability to access clean fuel choices.”
Enterprise Holdings is a customer of Booster, and the company’s venture capital arm, Enterprise Holdings Ventures, is a Booster investor. In addition, the company’s affiliate, Enterprise Fleet Management, partners with Booster to deliver fuel services to small-to-medium sized fleets.
“We applaud Booster and REG for expanding service to include diverse renewable products that help existing fleets reduce environmental impact and realize their sustainability goals. This innovation is an essential component to the important vehicle decisions fleet operators make,” said Brice Adamson, Executive Vice President, Enterprise Fleet Management.
The REG / Booster collaboration will initially focus on servicing fleet customers in California, starting with the San Francisco Bay Area and Orange County, with additional markets to follow.
For more information about the service and partnership, visit the Booster and REG websites.
About Renewable Energy Group, Inc.
Renewable Energy Group (REG) is leading the energy industry's transition to sustainability by converting renewable resources into high-quality, cleaner fuels. REG is an international producer of cleaner fuels and one of North America’s largest producers of advanced biodiesel. REG solutions are alternatives for petroleum diesel and produce significantly lower carbon emissions. REG utilizes an integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2020, REG produced 519 million gallons of cleaner fuel, delivering 4.2 million metric tons of carbon reduction. REG is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future. For more information, visit regi.com.
About Booster
Booster is a tech-enabled mobile energy delivery company providing a more sustainable fueling experience to fleets and consumers. The company’s proprietary mini-tankers deliver energy directly to fleet and consumer customers to help them save on costs and meet decarbonization goals. At the same time, Booster’s data insights help fleet managers optimize their businesses. Booster has raised more than $108 million in funding from firms such as Invus Opportunities, Conversion Capital, Enterprise Holdings Ventures, Madrona Venture Group, Maveron, Perot Jain, L.P., Total Carbon Neutrality Ventures and Vulcan Capital. For more information, visit boosterusa.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding REG’s strategic growth plans, customer demand for low carbon fuels and the strategic partnership between REG and Booster. These forward-looking statements are based on current expectations, estimates, assumptions and projections that are subject to change, and actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the failure of REG and Booster to achieve the goals of their strategic partnership, customer’s desire for clean fuel options, and other risks and uncertainties described in REG’s annual report on Form 10-K for the year ended December 31, 2020 and subsequently filed Form 10-Q and other periodic filings with the Securities and Exchange Commission. All forward-looking statements are made as of the date of this press release and REG does not undertake to update any forward-looking statements based on new developments or changes in our expectations.
Media Contact for Booster Fuels:
Jordan Valdés
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Media Contact for Renewable Energy Group:
Katie Stanley
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Schoeller Bleckmann Oilfield Technology Purchases First End-to-end Solution—Including the Sapphire® Printer—in Europe to Expand its Additive Manufacturing Capabilities, Will Join Velo3D at Formnext 2021
AUGSBURG, Germany--(BUSINESS WIRE)--(Formnext 2021) - Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing technology company for mission-critical parts, has expanded its European presence to support its growth efforts in the region. The expansion includes the opening of a technical center in Augsburg, Germany, where Velo3D’s Sapphire® systems will be assembled and demonstrated, as well as delivering the first end-to-end manufacturing solution to Schoeller-Bleckmann Oilfield (SBO) Technology, a European contract manufacturer specializing in the production of high-value metal parts for the oil and gas industry. Both companies will be at Formnext 2021, the leading additive manufacturing conference in Europe, taking place on November 16-19, 2021, in Frankfurt, Germany.
“Europe is a key market for Velo3D’s growth in the coming years and we’re thrilled to deliver our first end-to-end additive manufacturing solution and open our new technical center to accelerate this expansion,” said Benny Buller, Velo3D CEO and Founder. “With Velo3D’s end-to-end solutions, seeing is believing, and at our Augsburg facility, we’ll be able to demonstrate our impressive additive manufacturing technology in person to customer prospects. We’re also pleased to be launching in Europe with our first customer, SBO, supporting its effort to expand its capabilities and service new industries using our Sapphire® system.”
SBO is a multinational corporation with 1,130 employees worldwide operating more than 450 conventional CNC machines. The company’s U.S.-based subsidiary, Knust-Godwin LLC, has extensively validated Velo3D’s end-to-end additive manufacturing technology in its Houston facility and is using its solutions to build production parts for its customers in the aerospace and oil and gas industries. SBO’s new Sapphire® system will be located in the company’s Austrian headquarters and will unlock the ability to print complex metal parts in Inconel 718. SBO has EN 9100, ISO 9001, and ISO 14001 certifications, which allow it to develop and produce parts for aerospace customers, as well as other industries, while also meeting certain standards for quality and environmental management.
“By adding Velo3D’s innovative additive manufacturing solution to our capabilities, we will be able to expand into new markets and service new customers, helping them build metal parts that were previously thought impossible to create,” said Campbell MacPherson, SBO EVP of Advanced Manufacturing. “Over the past few years, many of our customers have inquired about 3D printing. Velo3D’s ability to create parts without having to design them for additive manufacturing makes it stand out compared to other solutions. Its end-to-end solution is very complementary to our existing offerings and will allow us to greatly improve the supply chain for our customers.”
Velo3D’s new European Technology Center will allow the additive manufacturing technology company to better service customers like SBO by enabling company leaders to demonstrate its advanced 3D printing capabilities. The facility will be located at the Augsburg Innovations Park in Augsburg, Germany, and will include more than 110 square meters (1,200 square feet) of space across a main hall (which will house Sapphire® systems), a lab area, and offices. It also includes conference rooms for hosting customers for presentations, events, and other meetings.
“The feedback we’ve received from engineers and additive manufacturing experts across Europe is that Velo3D’s technology delivers novel capabilities in geometry, quality, and scalability,” said Zach Murphree, Velo3D VP of Global Sales and Business Development. “By taking delivery of our first machine in Europe, SBO stands to differentiate itself in the European contract manufacturer market, which is one of the largest markets for high-value metal parts. We look forward to growing our customer base in the region.”
Europe-based engineers who would like to learn more about Velo3D’s end-to-end additive manufacturing solution can visit the company at Formnext 2021 in Hall 11, booth C11. At the booth, conference attendees will learn more about Velo3D’s capabilities, see SupportFree™ parts printed using Velo3D’s technology, and meet the Velo3D and SBO teams.
About Velo3D:
Velo3D is a metal 3D printing technology company. 3D printing—also known as additive manufacturing (AM)—has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago. This has prevented the technology from being used to create the most valuable and impactful parts, restricting its use to specific niches where the limitations were acceptable.
Velo3D has overcome these limitations so engineers can design and print the parts they want. The company’s solution unlocks a wide breadth of design freedom and enables customers in space exploration, aviation, power generation, energy and semiconductor to innovate the future in their respective industries. Using Velo3D, these customers can now build mission-critical metal parts that were previously impossible to manufacture. The end-to-end solution includes the Flow™ print preparation software, the Sapphire® family of printers, and the Assure™ quality control system—all of which are powered by Velo3D’s Intelligent Fusion® manufacturing process. The company delivered its first Sapphire® system in 2018 and has been a strategic partner to innovators such as SpaceX, Honeywell, Honda, Chromalloy, and Lam Research. Velo3D has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021. For more information, please visit velo3d.com, or follow the company on LinkedIn or Twitter.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. The Company’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect”, “estimate”, “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations, hopes, beliefs, intentions or strategies for the future. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. You should carefully consider the risks and uncertainties described in the documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors are outside the Company’s control and are difficult to predict. The Company cautions not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Investor Relations:
Bob Okunski, VP Investor Relations
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Media Contact:
Dan Sorensen, Senior Director of Public Relations
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The award-winning cleantech consulting firm, Momentum (BuildMomentum.io) welcomes John Friedrich as a new strategist focused on electrification.
SACRAMENTO, Calif.--(BUSINESS WIRE)--#CleanTech--Momentum (Buildmomentum.io) is thrilled to announce the addition of John Friedrich to the company’s strategist team. Friedrich will work with clients to advance innovations in sustainability, clean energy, and electrification. He will support project implementation, developing and executing long-term innovation campaigns, fund and grant proposal development, and strategic communication.
Friedrich joins the team after decades of experience in electric vehicles, energy efficiency, distributed renewable energy generation programs, and environmental sustainability. He's currently serving on the South Lake Tahoe City Council and is a Tahoe Regional Planning Agency Governing Board member.
Friedrich is also the founder of the Tahoe Green Jobs Coalition and served as the organization's director. Friedrich built a diverse coalition of participating agencies, organizations, businesses, and funders through this organization.
"I'm passionate about decarbonizing transportation and moving toward a zero-emission energy future. I've long admired Momentum’s mission and values, and I’m excited to join the top-notch team," said Friedrich.
Friedrich is joining Momentum's newly minted Strategy Team, along with experts in utilities, ports and fleets, water, and renewable fuels.
"We've seen accelerated investment by organizations in decarbonization and sustainability plans, and we're here to guide them on that journey. John's background and experience make him a perfect guide for our clients looking to bring new electric vehicle projects online," said Momentum President Matt Hart. "We're extremely fortunate to have him on board."
Momentum has designed and deployed some of the most significant electric vehicles projects to date, from developing charging infrastructure from Mexico to Canada to rolling out more than 100 pieces of zero- and near-zero emission equipment at California's ports. Momentum will continue to push industries toward zero emissions, and Friedrich will be a crucial player in that push.
About Momentum
Momentum is a cleantech solutions firm based in Sacramento. The Momentum team of experts designs, develops, and deploys innovation campaigns for organizations working on transformative water, energy, transportation, and manufacturing technologies.
The Momentum team is driven by a vision of a world where clean energy, water, and transportation are abundant, affordable, and available to all.
Melody White, Creative Director, Momentum — This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Well Completion Equipment and Service Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Offerings (Equipment and Service) and Location (On-Shore and Off-Shore)" report has been added to ResearchAndMarkets.com's offering.
The well completion market was valued at US$ 8,509.96 million in 2021 and is projected to reach US$ 11,335.47 million by 2028; it is expected to grow at a CAGR of 4.2% from 2021 to 2028.
Rise in demand for oil & gas exploration across the world and increase in demand for natural gas in past few years, owing to the rising consumption of energy worldwide and the surging number of gas rig exploration which will drive the growth of the market.
In addition, new offshore oil well projects have been launched across different regions that are also propelling the demand for well completion equipment & services across countries. According to the study, there were more than 14,000 oil & gas well completions reported in FY 2019.
The sudden outbreak of COVID-19 has a number of implications for the oil and gas sector in the world. Oil and gas power-generating facilities have reduced activities, such as shutting down construction, operations, and maintenance projects at several locations, after the imposition of multiple "stay at home" orders by state governors around the world.
In the energy industry, these quarantine measures and shutdowns are causing furloughs and layoffs of technical, construction, and manufacturing personnel, as well as project demobilizations in many cases. As a result, many oil wells are struggling to keep up with maintenance and operations.
Furthermore, the COVID-19 pandemic has made it difficult for oil and gas producers to get project finance or equity capital.
Key players operating in the global well completion equipment and service market and profiled in the market study are
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Well Completion Equipment and Services Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Well Completion Equipment and Services Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Demand for Oil & Gas Exploration Worldwide
5.1.2 Resumption of Shale Gas Operations
5.2 Market Restraints
5.2.1 Downfall in the Oil & Gas Industry in FY 2020
5.3 Market Opportunities
5.3.1 Arctic Exploration Projects and Collaboration of Oil Service Vendors
5.4 Future Trends
5.4.1 Adoption of Smart Well Technologies
5.5 Impact Analysis of Drivers and Restraints
6. Well Completion Equipment and Services - Global Market Analysis
6.1 Global Well Completion Equipment and Services Market Overview
6.2 Global Well Completion Equipment and Services Market Revenue Forecast and Analysis
6.3 Market Positioning - Five Key Players
7. Well Completion Equipment and Services Market - By Offerings
7.1 Overview
7.2 Well Completion Equipment and Services Market, By Offerings (2020 and 2028)
7.3 Equipment
7.3.1 Overview
7.3.2 Equipment: Well Completion Equipment and Services Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3 Packers
7.3.4 Sand Control Tools
7.3.5 Multistage Fracturing Tools
7.3.6 Liner Hangers
7.3.7 Smart Wells
7.3.8 Valves
7.3.9 Control Devices
7.4 Services
8. Well Completion Equipment and Services Market - By Location
8.1 Overview
8.2 Well Completion Equipment and Services Market, by Location (2020 and 2028)
8.3 Onshore
8.4 Offshore
9. Well Completion Equipment and Services Market - Geographic Analysis
9.1 Overview
10. Well Completion Equipment and Services Market - COVID-19 Impact Analysis
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 Middle East and Africa
10.6 South America
11. Global Well Completion Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product Launch
12. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/2ettcw
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "India Solar Water Pumping System Market (2021-2027): Market Forecast By Power Rating, By Design Type, By Drive Type, By Applications, By Regions and Competitive Landscape." report has been added to ResearchAndMarkets.com's offering.
India's Solar Water Pumping Systems Market size is projected to grow at CAGR of 7.0% during 2021-2027
This report comprehensively covers the market by power rating, design type, drive type, applications, and regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indian Solar Water Pumping Systems Market Synopsis
India's Solar Water Pumping Systems Market has been exhibiting substantial growth over the past few years. Growing adoption of renewable energy resources, especially solar, along with government initiatives such as the "Pradhan Mantri - Kisan Urja Suraksha evam Utthan Mahabhiyaan (PM KUSUM)" scheme with the aim to install 20 lakh units of standalone Solar Water Pumping Systems by 2022, would act as driving forces behind growing market demand for solar water pumps.
Further, subsidy provisions and lower operating costs of the Solar Water Pumping Systems would incentivize the farmers to increase the adoption of solar water pumps over the coming years. However, COVID- 19 pandemic impacted on the growth of the deployment of the pumps across the country, but state governments and central government policies such as Maharashtra's Mukhyamantri Saur Krishi Pump Yojana, solar program by NREDCAP, among others, are expected to increase the annual sales of the Solar Water Pumping Systems in the coming years.
India Solar Water Pumping Systems market is mainly subsidy driven, where direct sales accounts for a negligible share in the market. The financial aid is only extended for up to the 7.5HP solar water pumping category. Thus, the growth in the respective segment of solar-based water pumping system showed a better increase in past years.
However, falling prices of the Solar Water Pumping Systems of the ratings mentioned above on the back of increasing competitiveness in the market are expected to create a moderate drag on the growth of market revenues over the coming years.
Market Analysis by Power Rating
Among power ratings, solar pumps with lower power ratings bagged the highest volume share in 2020. Moreover, up to 3 HP segment is projected to exhibit the highest growth rate during the forecast period, attributed to its affordability, durability, and higher incentives and subsidies provided by the government on such pumps.
Also, with the lower groundwater level, the demand for submersible Solar Water Pumping Systems outweighs the demand for its other counterpart. However, the surface solar water pumping segment is projected to exhibit high growth over the coming years.
Key Attractiveness of the Report
Key Topics Covered:
1. Executive Summary
2. Introduction
3. India Solar Water Pumping System Market Overview
3.1. India Solar Water Pumping System Market Revenues & Volume (2016-2027F)
3.2. India Solar Water Pumping System Market Revenue & Volume Share (2020 & 2027F)
3.3. India Solar Water Pumping System Market Porter's Five Forces
3.4. India Solar Water Pumping System Market Ecosystem
3.5. India Solar Water Pumping System Cost Analysis
4. India Solar Water Pumping System Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. India Solar Water Pumping System Market Trends
6. India Solar Off-Grid Water Pumping System Market Overview
6.1. India Solar Off-Grid Water Pumping System Market Revenues and Volume (2016-2027F)
6.2. India Solar Off-Grid Water Pumping System Market Revenue & Volume Share, By Power Rating (2020 & 2027F)
6.3. India Solar Off-Grid Water Pumping System Market Revenue & Volume Share, By Design Type (2020 & 2027F)
6.4. India Solar Off-Grid Water Pumping System Market Revenue & Volume Share, By Drive Type (2020 & 2027F)
6.5. India Solar Off-Grid Water Pumping System Market Revenue & Volume Share, By Applications (2020 & 2027F)
6.6. India Solar Off-Grid Water Pumping System Market Revenue Share, By Regions (2020 & 2027F)
7. India Solar On-Grid Water Pumping System Market Overview
7.1. India Solar On-Grid Water Pumping System Market Revenues and Volume (2016-2027F)
7.2. India Solar On-Grid Water Pumping System Market Revenue & Volume Share, By Power Rating (2020 & 2027F)
7.2.1. India Solar On-Grid Water Pumping System Market Revenues, By Power Rating (2016-2027F)
7.2.2. India Solar On-Grid Water Pumping System Market Volume, By Power Rating (2016-2027F)
8. India Solar Water Pumping System Market, Price Trend Analysis
9. India Solar Water Pumping System Market Opportunity Assessment
9.1. India Off-Grid Solar Water Pumping System Market Opportunity Assessment, By Power Rating (2027F)
9.2. India Off-Grid Solar Water Pumping System Market Opportunity Assessment, By Design Type (2027F)
9.3. India On-Grid Solar Water Pumping System Market Opportunity Assessment, By Power Rating (2027F)
10. India Solar Water Pumping System Market, Competitive Landscape
10.1. India Solar Water Pumping System Market Revenue Share, By Company, 2020
10.2. India Solar Water Pumping System Market Competitive Benchmarking, By Technical Parameter
10.3. India Solar Water Pumping System Market Competitive Benchmarking, By Operating Parameter
11. Company Profiles
11.1. Alpex Solar Private Limited
11.2. Bright Solar Private Limited
11.3. C.R.I. Pumps Private Limited
11.4. Claro Energy Private Limited
11.5. Grundfos Pump India Private Limited
11.6. Jain Irrigation Systems Limited
11.7. Lubi Industries LLP
11.8. Ravindra Energy Limited
11.9. Rotomag Motors & Control Private Limited
11.10. Shakti Pumps (India) Limited
11.11. Tata Power Solar Systems Limited
11.12. Topsun Energy Limited
11.13. Waaree Energies Limited
12. Key Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/rzivn8
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
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Continuous innovation and investment in TOS solutions provided by Navis will further digitize operations, enabling better decision making, integration and collaboration within the supply chain ecosystem
OAKLAND, Calif.--(BUSINESS WIRE)--Navis, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global cargo supply chain, today unveiled at Navis Connect 2021, the latest evolution in its software journey – expanding the capabilities within its suite of products and services to digitize cargo flows, ensuring the most efficient movement of goods.
“Having multiple TOS deployment strategies will allow our customers to choose the option that best suits their business needs,” said Scott Holland, Chief Product Officer, Navis. “A full SaaS environment is a great choice for customers that are positioned to take full advantage of our cloud capabilities with their high availability, automated upgrades and lower cost of ownership. A hybrid approach might be more effective for those customers who desire to keep mission critical components on-prem. Maintaining this optionality enables us to increase the pace of innovation while continuing to protect the mission critical nature of our customers' operations.”
Navis is helping existing and new customers optimize operations to improve productivity, increase capacity in the yard, handle more throughput and expedite the flow of containers and mixed cargo. With the Navis Cloud, analytics and AI applications can be integrated with the terminal operating system. This integration enables actionable insights and better decision making around container allocation in the yard, equipment utilization, real time demand of the waterside and landside operations, and berth planning for continuous optimization.
With growing industry interest in cloud services and with multiple deployment options available, Navis supports customers at any point in their cloud journey. The Navis Cloud will also play an important role in Navis making its solutions more modular, open and connected, with the goal of simplifying deployments and upgrades as well as making it easier for customers to integrate with other industry providers.
“The pandemic has only served to highlight how fragile and interconnected the supply chain is, and as the global economy starts to rebound, it has become apparent that solving the lingering disruptions will be the linchpin in getting businesses and the broader economy back on solid footing,” said Andy Barrons, Chief Strategy Officer, Navis. “With congestion, blockages and delays at every turn, the industry is in dire need of solutions that streamline and optimize operations to get cargo where it needs to go. The continued expansion of our TOS capabilities and cloud offerings are in direct response to this need, building on our trusted solutions, using data and AI, to offer our customers the insights needed to future proof their existing systems and resources.”
With a steadfast commitment to innovation, in the coming months, Navis will reveal steps towards its next generation of software solutions including advancements in its terminal operating system and stowage planning platform, among others.
Navis will feature the Navis Product Keynote and Kaleris Product Keynote at Navis Connect 2021 at 9:35 a.m. PT on Wednesday, November 10, 2021. For more information and to register for the virtual event, visit: navisconnect.navis.com.
For more information visit www.navis.com
About Navis, LP
Navis 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, making global trade smarter, safer and more sustainable for everyone. 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.
Jennifer Grinold
Navis, LLC
T+1 510 267 5002
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Anna Patrick
Gregory FCA
T+1 212 398 9680
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DUBLIN--(BUSINESS WIRE)--The "Nigerian Diesel Genset Market (2021-2027): Market Forecast by kVA Rating, by Verticals, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
The Nigerian Diesel Genset Market declined by -5.2% in 2017- 2020 but is expected to grow at a CAGR of 3.7% during 2021-2027
Nigeria occupies 1st position in terms of the market size in the African Diesel Genset market.
In terms of market by kVA ratings, 375.1KVA-750kVA dominates the market and is expected to remain in a dominant position in the coming years. However, 75.1kVA-375kVA rating is expected to have the fastest growth rate among all ratings.
In terms of application, the industrial sector dominates the market and is expected to remain in a dominant position in the coming years. However, the commercial sector is expected to have the fastest growth rate among all applications.
The Nigerian Diesel Genset Market report comprehensively covers the market by kVA ratings, applications, and regions. The Nigerian Diesel Genset Market outlook report provides an unbiased analysis of the ongoing Nigeria Diesel Genset market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Topics Covered:
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Nigeria Diesel Genset Market Overview
3.1 Nigeria Country Macro Economic Indicators
3.2 Nigeria Diesel Genset Market Revenues & Volume, 2020 & 2027F
3.3 Nigeria Diesel Genset Market - Industry Life Cycle
3.4 Nigeria Diesel Genset Market - Porter's Five Forces
3.5 Nigeria Diesel Genset Market Revenues & Volume Share, By KVA, 2020 & 2027F
3.6 Nigeria Diesel Genset Market Revenues & Volume Share, By Application, 2020 & 2027F
4 Nigeria Diesel Genset Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Nigeria Diesel Genset Market Trends
6 Nigeria Diesel Genset Market, By Types
6.1 Nigeria Diesel Genset Market, By KVA
6.1.1 Overview and Analysis
6.1.2 Nigeria Diesel Genset Market Revenues & Volume, By KVA, 2018 - 2027F
6.1.3 Nigeria Diesel Genset Market Revenues & Volume, By 5 - 75 KVA, 2018 - 2027F
6.1.4 Nigeria Diesel Genset Market Revenues & Volume, By 75.1 - 375 KVA, 2018 - 2027F
6.1.5 Nigeria Diesel Genset Market Revenues & Volume, By 375.1 - 750 KVA, 2018 - 2027F
6.1.6 Nigeria Diesel Genset Market Revenues & Volume, By 750.1 - 1000 KVA, 2018 - 2027F
6.1.7 Nigeria Diesel Genset Market Revenues & Volume, By Above 1000 KVA, 2018 - 2027F
6.2 Nigeria Diesel Genset Market, By Application
6.2.1 Overview and Analysis
6.2.2 Nigeria Diesel Genset Market Revenues & Volume, By Residential, 2018 - 2027F
6.2.3 Nigeria Diesel Genset Market Revenues & Volume, By Commercial , 2018 - 2027F
6.2.4 Nigeria Diesel Genset Market Revenues & Volume, By Industrial, 2018 - 2027F
6.2.5 Nigeria Diesel Genset Market Revenues & Volume, By Transportation & Public Infrastructure, 2018 - 2027F
7 Nigeria Diesel Genset Market Import-Export Trade Statistics
7.1 Nigeria Diesel Genset Market Export to Major Countries
7.2 Nigeria Diesel Genset Market Imports from Major Countries
8 Nigeria Diesel Genset Market Key Performance Indicators
9 Nigeria Diesel Genset Market - Opportunity Assessment
9.1 Nigeria Diesel Genset Market Opportunity Assessment, By KVA, 2020 & 2027F
9.2 Nigeria Diesel Genset Market Opportunity Assessment, By Application, 2020 & 2027F
10 Nigeria Diesel Genset Market - Competitive Landscape
10.1 Nigeria Diesel Genset Market Revenue Share, By Companies, 2020
10.2 Nigeria Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
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Contract with US-based natural gas and electric utility company is Blackline’s largest ever
Calgary, Canada--(BUSINESS WIRE)--$BLN #TSX--Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology with a hardware-enabled software-as-a-service (HeSaaS) business model, today announced the close of a record-setting $7.8 million deal with a US-based natural gas and electric utility company.
Under the terms of the agreement, the customer has purchased G7 wearables and accessories, paired with a two-year service contract to protect close to 3,000 of their front-line workers across multiple states.
“We are seeing a strengthening in our sales momentum with the adoption of our products and services in a broad range of industries and this record-breaking deal speaks to our leadership in the area of connected safety,” said Cody Slater, President and CEO, Blackline Safety.
“This new contract, in a key growth sector for us, also demonstrates the applicability of our all-in-one solution for lone workers, gas detection and compliance to solve workplace challenges across multiple market segments in geographies around the globe.”
About Blackline Safety: Blackline Safety is a global connected safety leader that helps to ensure every worker gets their job done and returns home safely each day. Blackline provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations with coverage in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of people, having reported over 161 billion data points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, we ensure that help is never too far away. For more information, visit BlacklineSafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.
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Christine Gillies, CMO
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SAN FRANCISCO--(BUSINESS WIRE)--The Business Council on Climate Change (BC3), a multi-sector partnership dedicated to incubating, scaling, and sharing world-leading solutions to address climate change, has launched a major new effort to catalyze carbon removal investments by the corporate sector.
Carbon removals--the removal or sequestration of carbon from the atmosphere through natural or engineered solutions--are an increasingly important strategy alongside emissions reductions for meeting global climate goals. Carbon removals can also deliver broader ecological benefits and bring socio-economic advantages to local communities, including those that are most impacted by climate change and ecosystem loss.
“We need bold and immediate action to meet the urgency of the climate crisis,” said BC3 Executive Director Maura McKnight. “Collaboration by the corporate sector in the growing carbon removals space can spur the innovation needed to bring it to scale and maximize its impact.”
The Science Based Targets initiative (SBTi), in launching its new Net-Zero Corporate Standard last week, emphasized that companies will need to neutralize residual emissions through carbon removals to reach net zero. A number of corporate climate leaders, including several BC3 members, have already included it in their strategies, but the market is complex and immature, and many companies are just starting to explore it. In September, BC3 released a Quick Start Guide to Carbon Removals, in partnership with member companies Atlassian and Autodesk and subject experts Carbon180 and Anthesis, to help companies learn about removals and the market, and kick-start their investments.
BC3, which has a history of bringing members together to create innovative aggregate purchasing for solar energy and invest in soil carbon sequestration research, is also convening a carbon removals buyers forum. The forum brings together members, outside experts, and other companies interested in expanding their sustainability investments to foster collaborative learning, problem solving and action. Coordinated corporate investments and inclusion of carbon removals in companies’ sustainability strategies will send a strong “demand signal” from the corporate sector to help scale the removals market and strengthen emerging companies and technologies.
“BC3 members have the critical opportunity to launch the carbon removal industry with early investments that will bring down the cost for everyone, leading to a prosperous economy that removes more carbon than it emits,” said Peter Minor, Director of Science & Innovation at Carbon180. “Carbon180 looks forward to working with early leaders like BC3 member companies, and building the policy landscape needed to support them.”
“In contributing to this effort, Anthesis is delighted for the opportunity to support newcomers to the carbon removal space to quickly get up to speed so they can focus their time and energy on developing meaningful investment strategies,” said Emma Armstrong, Executive Director, Anthesis North America. “This is well aligned with Anthesis’ mission to help organizations to activate sustainable performance.”
Maura McKnight
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Finance leaders confident in economy; still concerned about pandemic, workforce shortages and supply chain disruptions
CHICAGO--(BUSINESS WIRE)--According to a new survey by Grant Thornton LLP, 57% of chief financial officers (CFOs) have made it a priority to invest in environmental, social and governance (ESG) efforts since the start of 2020, with 23% saying that ESG investments are much more important for their organizations than they were prior to 2020.
According to the 2021 Q3 CFO Survey, while some companies are waiting for the Securities and Exchange Commission (SEC) to provide its anticipated disclosure regulations for ESG matters, many companies are looking beyond just compliance — 17% of CFOs see ESG as a fundamental driver of financial success and another 69% say that ESG is either a top consideration or equally as important as financial success. Just 14% believe that ESG is a minor consideration or that financial results are the only thing that matters.
“It was transformational when, two years ago, the Business Roundtable changed its statement on the purpose of a corporation from existing principally to serve shareholders to one that benefits all stakeholders, including consumers, employees and communities,” says Jim Burton, partner and leader of ESG & Sustainability services for Grant Thornton. “Today, CFOs and other business leaders increasingly see ESG as a key value driver that’s central to their mission and success.”
When asked about the biggest challenges facing their business, respondents’ concerns about ESG reporting and disclosures jumped from 13% in the second quarter to 27% in the third. When polled about the desired end state of their ESG program, almost half (49%) of senior finance executives say they aim to be consistent with peers and stakeholder expectations, while 42% aspire to be known as market leaders and innovators. Perhaps most telling, nearly 8 out of 10 (78%) CFOs report their companies are integrating ESG expectations into both performance evaluations and compensation.
ESG compliance and reporting a growing concern
The maturity and reach of ESG evaluation and reporting is uneven, however. When asked about the extent to which they evaluate and report on ESG, only 18% of CFOs report across their entire value chain. Thirty-six percent of CFOs say they report on their own operations and immediate upstream/downstream, vendors, suppliers and customers; while 29% confined reporting to their own operations. A surprising 17% say they do not currently report on ESG at all.
“Most of those companies that are not currently reporting plan to start within the next two years,” adds Burton. “A company’s impact on society doesn’t end within the operational boundaries — and that’s now more apparent than ever. When you combine increased regulatory requirements with escalating supply chain, market and public pressure, organizations will have to disclose more to compete.”
ESG further complicates the war for talent
According to the survey, ESG is also adding a new layer of complexity to an already challenging employment landscape. When CFOs were asked which stakeholders are pushing their organization to enhance maturity of their ESG programs, employees (42%) were the most commonly cited group, followed by organizational leadership (39%). When ranking the top ESG issues for their organizations, employee retention and development (35%) was at the top of the list. Diversity, equity and inclusion (30%) followed close behind, while employee health and safety (27%) took third place.
“ESG isn’t just something you worry about with investors, customers and regulators,” says Marjorie Whittaker, an SEC Regulatory Matters and ESG & Sustainability managing director at Grant Thornton. “Employees want to work for employers that share their values, embrace diversity and demonstrate real care for their well-being and advancement. It’s going to be an increasingly important differentiator in recruiting and retention — employees are looking to align their values with their paychecks.”
Talent shortages seen to imperil strategies
But ESG is hardly the only concern for CFOs. A strong majority (70%) of respondents are now worried talent shortages jeopardize their ability to meet short-term strategies — up from 64% in Grant Thornton’s second quarter survey. Concern about controlling overall employee benefits costs also increased to 70%, up from 68% in Q2. Meanwhile, plans to return to a full-time in-office culture dropped to 28% from 33%, while plans for a hybrid employment model jumped to 59% from 50%.
When CFOs were asked about their top workforce priorities for the next 12 months, several talent issues topped the list: 49% indicated that attracting and retaining talent was a top priority; 47% saw managing a hybrid workforce as a top priority; 45% claimed maintaining or improving culture was a top priority; and 44% saw addressing employee work-life balance concerns as a top priority.
Economic optimism and expenses on the rise
When polled about the current state of the U.S. economy over the next six months, a majority (69%) of CFOs say they are optimistic. When asked about issues that could imperil their business, CFOs were most concerned about the continuing pandemic (52%), workforce shortages (51%) and supply chain disruptions (48%). On the positive side, another 48% of CFOs anticipate that infrastructure legislation could aid their business.
CFO responses were also scattered across a variety of choices when asked what steps they plan to take to mitigate negative impacts from business disruptions. Fifty-four percent say they plan to develop new or significantly updated disruption scenarios and action plans, while 39% say they are looking to increase investment to bolster output. Just over a third (37%) of CFOs plan to make immediate changes to operating models, while 35% plan to increase focus on cash flow and liquidity.
“The economy presents some immediate opportunities for growth, but the pandemic has taught CFOs that their existing plans to recognize and deal with potential disruptions were inadequate,” says Enzo Santilli, national managing partner of Transformation at Grant Thornton. “Most organizations are implementing new and broader definitions of risk and acting to bolster their resiliency and agility.”
Grant Thornton’s Q3 CFO Survey also found that CFOs are expecting expenses to rise across the board. In fact, 59% expect cybersecurity expenses to increase, while 55% expect IT and digital transformation expenses to rise. Not surprising, just 34% of CFOs expect real estate expenses to go up.
“CFOs are planning to invest in operations to boost growth,” adds Santilli, “but they are also looking to maintain reserves and keep a close eye on cash flow and liquidity.”
Ultimately, the Q3 survey revealed that CFOs are fairly confident that the economic recovery from the COVID-19 pandemic will continue, but workforce concerns and ESG readiness will continue to dominate CFO time and attention.
To see additional findings from Grant Thornton’s 2021 Q3 CFO Survey, visit www.grantthornton.com/2021Q3CFOsurvey.
About Grant Thornton LLP
Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. Grant Thornton, which has revenues of $1.97 billion and operates more than 50 offices, works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations.
“Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please see grantthornton.com for further details.
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Bitmain Announces High Efficiency, Carbon Credit Initiative ANTMINER S19 XP as Bitcoin Reaches All Time High
DENVER--(BUSINESS WIRE)--Crusoe Energy Systems Inc. (Crusoe), a Denver-based energy technology company focused on powering computation with stranded energy resources, is proud to receive allocations of the new ANTMINER S19 XP that has a hashrate of 140 TH, which improves the power efficiency by 27% compared to the previous model from premier ASIC manufacturer Bitmain Technologies (Bitmain). This selected batch of the newest release of Bitcoin mining hardware was designed to achieve market leading environmental performance through best in class energy efficiency as well as a carbon offset program to neutralize emissions from the manufacturing process and the first year of operation. When combined with Crusoe’s computing operations powered by otherwise wasted and stranded energy resources like flaring natural gas, Bitmain and Crusoe aim to jointly deliver the world’s most climate-optimized Bitcoin infrastructure and operations.
Bitmain has made initial allocations of the ANTMINER S19 XP 140TH available to a limited number of preferred customers selected on the basis of commitment to environmental operating practices. Crusoe is proud to be among the first customers to access Bitmain’s cutting edge hardware on this basis. Crusoe’s selection for the first production allocations of the ANTMINER S19 XP 140TH, Bitmain’s most powerful ASIC to date, was announced at the World Digital Mining Summit held in Dubai today when Bitmain publicly announced the new model ANTMINER S19 XP 140TH. Bitmain announced that it had purchased carbon credits to offset emissions incurred during production and the first year of operation of these selected units. The resulting hardware is the first carbon credit initiative miners available from the manufacturer. Initial production will have limited availability and is being offered only to five of Bitmain’s longstanding and strategic partners.
Crusoe CEO and Co-Founder, Chase Lochmiller, said, “It is exciting to see the industry rapidly evolving towards environmentally-oriented ways of thinking and operating. Bitcoin mining has historically been conflated with carbon emissions. We believe mining can be leveraged as a tool to help reduce emissions and also accelerate the energy transition, providing critical infrastructure for both the bitcoin network and the future of energy infrastructure. It's great to have partners like Bitmain that have passion for our long term mission to align the future of computing infrastructure with the future of the climate.”
Crusoe mines cryptocurrency in custom engineered modular, mobile data centers. The data centers are deployed directly to energy sources that are otherwise wasted, such as flaring natural gas. The company’s patented Digital Flare Mitigation® technology provides an emission reduction solution by utilizing otherwise wasted flare gas, one of the largest sources of emission from oil production, to power mining operations onsite. In this process, Crusoe is able to significantly reduce uncombusted methane emissions and achieve an estimated 63% reduction in CO2-equivalent emissions compared to continued flaring. Crusoe has prevented more than 1 billion cubic feet of gas flaring and has reduced emissions equivalent to hundreds of thousands of cars.
Irene Gao, Bitmain BD Director of NCSA Region said, “After many years of strategic and long standing partnership, Bitmain is proud to deliver Crusoe early access to the ANTMINER S19 XP, our most energy efficient, powerful and carbon mitigated systems ever. Bitmain is committed to innovation in all regards ranging from design to manufacturing and production. As part of our commitment to positive environmental change, Bitmain is constantly looking for ways to improve our product and the industry as a whole and recognizes the value in offsetting emissions in all areas of mining. Crusoe is a leader in this regard, and we are pleased to partner with them going forward.”
Bitmain is the world leader in ASIC manufacturing for the cryptocurrency industry. Bitmain exhibited their newest generation mining hardware at the World Digital Mining Summit hosted at the Atlantis hotel in Dubai.
About Crusoe Energy Systems Inc.
Crusoe Energy is on a mission to unlock value in stranded energy resources through the power of computation. The company aims to align the long term interests of the climate with the future of global computing infrastructure. As data centers consume an exponentially growing power footprint to deliver technology to all connected devices, we are inspired by making sure that the energy meeting that demand is sourced in an environmentally responsible fashion. Crusoe colocates mobile data centers with stranded energy resources, like flare gas and underloaded renewables, to deliver low-cost, carbon-negative distributed computing solutions. Island Cloud is a managed cloud services platform powered by Crusoe that enables climate-friendly innovation in computationally intensive fields including artificial intelligence, graphics rendering and computational biology.
Bitmain Technologies Limited
Founded in 2013, Bitmain transforms computing by building industry-defining technology in cryptocurrency and blockchain. Bitmain leads the industry in the production of integrated circuits for cryptocurrency mining, as well as mining hardware under the ANTMINER brand. Bitmain technology supports a wide range of blockchain platforms and startups.
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Cully Cavness
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