Disparity Study Forges Opportunities
HOUSTON--(BUSINESS WIRE)--On Tuesday, the Port Commission of the Port of Houston Authority met for its last regular meeting of 2020. Chairman Ric Campo was pleased to highlight further news that the Houston Ship Channel had been officially named as the nation's busiest waterway by the U.S. Army Corps of Engineers Navigation and Civil Works Decision Support Center. The Port of Houston also continues to be the leader for foreign waterborne tonnage, as it has been for 24 years.
“The #1 ranking and the Houston Ship Channel’s importance to the region, state, and nation clearly highlights the need to expedite the improvements of the channel, to accommodate growth and ensure safe and efficient trade for the U.S.,” Chairman Campo said.
He also shared the news that Port Houston was close to the next major milestone of Project 11, the effort to widen the Houston Ship Channel. Chairman Campo said that congressional action was expected shortly on WRDA 2020, the latest water resources development act, and that “authorization for our channel improvement project has been included in the final bill text – putting us one step closer to commencement of the much-needed project.”
Later in the day Port Houston learned that the House of Representatives had passed the bill, which would soon be moving on to the Senate.
Chairman Campo also explained that while the coming congressional authorization of Project 11 is significant, the next major step in the delivery process for the widening and deepening the channel will be to secure a “New Start” designation from the administration and discretionary funding from the U.S. Army Corps of Engineers.
Finally, Griffin & Strong, P.C. reported on its comprehensive contracting Disparity Study. The firm presented its draft findings to the Port Commission during the meeting and affirmed that the study identified disparities in the procurement process. The Port Commission authorized staff to work on next steps, as Chairman Campo emphasized Port Houston’s commitment to creating opportunities for diversity and inclusion for all.
The commission passed a motion committing to taking meaningful action to enhance and improve the participation of small-, minority-, and women-owned businesses for Port Authority contracts. Chairman Campo said that the community would be engaged in Port Houston’s transparent process for change and improvement. The independent study was commissioned by the Port Commission in 2019.
In his staff report to the commission, Executive Director Roger Guenther reported that container volume continued at a healthy pace in November, increasing 7% compared to that month in the prior year. He also shared that Port Houston handled 2.72 million TEU (twenty-foot-equivalent container units) through the first 11 months of this year, “which puts us virtually equal to 2019 for the year-to-date.”
The next Port Commission meeting will be held Tuesday, Jan. 26, 2021.
Griffin & Strong will present Port Houston’s Disparity Study results to the public via Zoom on Tuesday, Dec. 15 at 6:00 pm.
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals of the greater Port of Houston – the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. nation. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6% of Texas’ total gross domestic product (GDP) – and total of $801.9 billion in economic impact across the nation. For more information, visit the website at PortHouston.com.
Lisa Ashley, Director, Media Relations, Office: 713-670-2644; Mobile: 832-247-8179; E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
New STEM partnership to focus on ag-science, career development for the next generation of leaders in agriculture
SAN FRANCISCO--(BUSINESS WIRE)--Brightmark, the global waste solutions provider and 4-H, the nation’s largest youth development organization, announced a new partnership that aims to inspire young people to pursue careers in agriculture, particularly in agricultural science and technology.
As part of the partnership, Brightmark will sponsor 4-H's annual National 4-H Youth Summit on Agri-Science and will provide educational opportunities throughout the year for 4-H youth to learn about sustainable agriculture practices, such as natural gas projects on dairy farms.
“We’re thrilled to announce this new partnership with 4-H to help inspire the next generation of agriculture leaders,” said Brightmark Founder and CEO Bob Powell. “Agriculture is a cornerstone industry in the U.S. economy, and Brightmark wants to see the best and brightest pursuing career paths in ag, particularly as the field embraces and innovates sustainability practices like anaerobic digestions to reduce the environmental impacts of food production. I’m looking forward to meeting some of these youth leaders out on our project sites.”
Brightmark is a proven leader in sustainable agriculture technology solutions. The company has partnerships with 23 dairy farms in nine states for renewable natural gas projects featuring anaerobic digestion technology that drastically reduces the climate, air, and water impacts associated with animal manure. Brightmark recently announced a joint venture with Chevron that will build and own dairy biomethane projects across the United States, allowing the expansion of its anaerobic digestion project model to more farms in more states.
“Today’s youth will play a critical role in future ag innovation, forming a diverse talent pipeline that ensures a safe and sustainable food supply for future generations,” said Heather Elliott, Vice President, Development at National 4-H Council. “4-H’s collaboration with Brightmark provides even more young people the opportunity to experience hands-on STEM and agri-science activities, giving them the skills to innovate and create a sustainable future.”
4-H's 2021 National Youth Summit on Agri-Science will enable high school students to develop the skills and knowledge needed to tackle the challenges facing agriculture, such as food security and sustainability. Brightmark will host a workshop for summit attendees focusing on explanation of how anaerobic digestors work to produce renewable natural gas, personal professional power, and will also highlight ways participants can put their passion into action. The summit will be held virtually from March 5-7, 2021. Interested participants can learn more here.
ABOUT BRIGHTMARK
Brightmark is a global waste solutions company with a mission to reimagine waste. The company takes a holistic, closed loop, circular economy approach to tackling the planet’s most pressing environmental challenges with imagination and optimism for the future. Through the deployment of disruptive, breakthrough waste-to-energy solutions focused on plastics renewal (plastic waste-to-fuel) and renewable natural gas (organic waste-to-fuel), Brightmark enables programs specifically tailored to environmental needs in order to build scalable project solutions that have a positive impact on the world and communities in which its stakeholders live and work. For more information, visit www.brightmark.com.
ABOUT 4-H
4-H, the nation’s largest youth development organization, grows confident young people who are empowered for life today and prepared for career tomorrow. 4-H programs empower nearly six million young people across the U.S. through experiences that develop critical life skills. 4-H is the youth development program of our nation’s Cooperative Extension System and USDA and serves every county and parish in the U.S. through a network of 110 public universities and more than 3000 local Extension offices. Globally, 4-H collaborates with independent programs to empower one million youth in 50 countries. The research-backed 4-H experience grows young people who are four times more likely to contribute to their communities; two times more likely to make healthier choices; two times more likely to be civically active; and two times more likely to participate in STEM programs.
Learn more about 4‑H at 4-H.org, find us on Facebook at Facebook.com/4‑H and follow us on Twitter at Twitter.com/4H.
Cory Ziskind
ICR
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646-277-1232
15 different FIMER inverter models are now UL listed with Tigo’s rapid shutdown Flex-MLPE devices
CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc., the worldwide leader in Flex-MLPE (Module Level Power Electronics), announced today that it has received UL PV Rapid Shutdown System (PVRSS) certification for multiple new inverters from FIMER, the fourth largest inverter manufacturer in the world. There are now 15 different FIMER inverter models, ranging from 3.3 kW to 60 kW that have been UL listed with Tigo’s industry leading rapid shutdown devices.
“FIMER is very excited for this certification and compliance with Tigo Energy’s rapid shutdown devices as it opens up the market for FIMER’s residential and commercial inverters,” said Eduardo Casilda, CEO USA at FIMER.
Featuring light, compact designs, integrated monitoring and user interface, and a quick commissioning process, FIMER string inverters are an ideal solution for rooftop, carport, and ground mount solar installations.
The UL listing includes the entirety of Tigo’s TS4 family of Flex-MLPE, providing customers that use FIMER inverters significant flexibility with the features they want from their Module Level Power Electronics (MLPE). With Tigo, customers have the freedom to choose from a menu of features – such as optimization, monitoring, or just the rapid shutdown function – according to the needs of their project.
“We are thrilled to be working with FIMER to offer our customers the leading inverter options for their PV projects,” said Dru Sutton, Tigo’s VP of Sales for North America. “Customers can pair their inverters with our MLPE and know the technology meets rapid shutdown requirements across the US.”
Below is a list of FIMER’s newest string inverter product line that is UL PVRSS certified with Tigo’s MLPE:
• UNO-DM-3.3-TL-PLUS-US |
3.3kW |
1 phase |
||
• UNO-DM-3.8-TL-PLUS-US |
3.8kW |
1 phase |
||
• UNO-DM-4.6-TL-PLUS-US |
4.6kW |
1 phase |
||
• UNO-DM-5.0-TL-PLUS-US |
5.0kW |
1 phase |
||
• UNO-DM-6.0-TL-PLUS-US |
6.0kW |
1 phase |
||
• PVS-60-TL-US |
60kW |
3 phase |
The UL PVRSS certification is the only guaranteed way to fulfill the safety requirement for PV Rapid Shutdown in the US National Electrical Code, whereby both the inverter and the rapid shutdown device must be tested as a “system”. Rapid shutdown devices are now required with rooftop PV installations across the vast majority of the United States. Similar requirements are being adopted and discussed throughout the world.
The two companies are hosting a webinar to highlight their inverters and rapid shutdown devices at 10am PT (1pm ET) on December 10, 2020. Interested parties can reserve their spot here.
For inquiries, contact: This email address is being protected from spambots. You need JavaScript enabled to view it.
About Tigo
Tigo is the worldwide leader in Flex-MLPE (Module Level Power Electronics) with innovative solutions that significantly enhance safety, increase energy production, and decrease operating costs of photovoltaic (PV) systems. Tigo’s TS4 platform maximizes the benefit of PV systems and provides customers with the most scalable, versatile, and reliable MLPE solution available. Tigo was founded in Silicon Valley in 2007 to accelerate the adoption of solar energy worldwide. Tigo systems operate on 7 continents and produce gigawatt hours of reliable, clean, affordable and safe solar energy daily. Tigo's global team is dedicated to making the best MLPE on earth so more people can enjoy the benefits of solar. Visit us at www.tigoenergy.com.
About FIMER
FIMER is the fourth largest solar inverter supplier in the world. Specializing in solar inverters and mobility systems, it has over 1100 employees worldwide and offers a comprehensive solar solutions portfolio across all applications. FIMER’s skills are further strengthened by its bold and agile approach that sees it consistently invest in R&D. With a presence in 26 countries together with local training centers and manufacturing hubs, FIMER remains close to its customers and the ever-evolving dynamics of the energy industry.
Following the acquisition and integration of ABB’s solar inverter business in the first quarter of 2020, and under the umbrella of the renewed FIMER brand the newly acquired solar inverter portfolio continues to carry the ABB brand under trademark license agreement. www.fimer.com
Media Contact for Tigo
John Lerch
408.402.0802 x430
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NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP’s Climate Change Report 2020. Hess has earned Leadership status for 12 consecutive years from CDP, an international nonprofit that runs a global environmental disclosure system for investors, companies, cities, states and regions. This year, Hess is one of only two U.S. oil and gas producers to achieve Leadership status.
“CDP’s rating recognizes our continued leadership in transparency and performance as we address climate-related risks and opportunities,” said Alex Sagebien, Vice President, Environmental, Health and Safety. “Hess will continue to be guided by our values and longstanding commitment to sustainability as we help to meet the world’s growing need for energy while reducing our carbon footprint.”
CDP scores are based upon a company’s climate related governance, disclosure practices and management of risks. Ratings for the complete list of companies from around the world can be found at https://www.cdp.net/en/scores.
In addition, Newsweek today published its second annual ranking of America's Most Responsible Companies and once again included Hess. Of the 400 companies on the 2021 list, Hess is the highest ranked oil and gas producer. The ranking is based on an analysis of 2,000 public companies by a research firm using an independent survey and publicly available key performance indicators for environmental, social and corporate governance. The complete list and methodology are available here.
For more information about sustainability at Hess, including annual Sustainability Reports, please visit www.hess.com/sustainability.
Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at www.hess.com.
Investor:
Jay Wilson, (212) 536-8940
Media:
Lorrie Hecker, (212) 536-8250
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Under a 5-year engagement, LTTS will provide engineering services at two integrated refining and chemicals manufacturing facilities in USA
BANGALORE, India--(BUSINESS WIRE)--#ChemicalsManufacturing--L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been selected by a global O&G major to be the primary engineering partner to support two of their integrated refining and chemicals manufacturing facilities in USA. This is a multi-year engagement with a potential value of more than USD 100 Million.
Under the five-year engagement, LTTS will provide multi-discipline plant engineering activities including site sustenance, discipline engineering and control automation support for both facilities. LTTS will leverage its in-house digital engineering tools and new age technology & solutions to optimize project execution and drive efficiency improvements for the customer. The two sites covered under LTTS’ scope are integrated refining, chemical and polymer complexes and are currently among the top 10 biggest downstream sites in the U.S.
Dr. Keshab Panda, CEO & MD, L&T Technology Services, said, “Our focus on multi vertical, large engagements with customer intimacy, leveraging digital and new age technologies is yielding the desired outcomes. This latest instance of a major customer awarding LTTS a large multi-year program is testimony to our global plant engineering expertise.”
“LTTS is delighted to partner with one of the world’s leading O&G companies who are focused on providing affordable & sustainable energy and chemical products. Having worked in the Oil & Gas industry for a long time, our engineers have a unique appreciation of the challenges and opportunities in the energy and chemical industry. This is a prestigious win for LTTS, and we are excited to engage with our customer to deliver value in improving operational efficiency,” Dr. Panda added.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 15,900 employees spread across 17 global design centers, 28 global sales offices and 52 innovation labs as of September 30, 2020. For more information please visit https://www.ltts.com/
Media Contact:
Aniruddha Basu
L&T Technology Services Limited
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
T: +91-80-67675173
--Proceeds to be Used for Direct Energy Acquisition and to Support the Advancement of the Company’s Customer-Centric Strategy--
PRINCETON, N.J.--(BUSINESS WIRE)--$NRG #ESG--NRG Energy Inc. (NYSE:NRG) has completed the issuance of $900 million in senior secured first lien notes in a landmark issuance, with NRG pioneering the first Sustainability-Linked Bond (SLB) in North America, and the first issued by any energy company outside of Europe. In concert with the Direct Energy acquisition, the SLB will support the Company’s efforts to pursue growth, achieve its climate transition strategy, and bring increasing value to its stakeholders.
As a complement to the sustainability-linked pricing metric added to the Company’s corporate credit agreement in 2019, the Company’s issuance of the SLB aligns NRG’s business and financing with company commitments and values by creating a direct link between climate and funding strategies. The SLB links attractive financing to the realization of the Company’s previously announced goals to achieve a 50% reduction of absolute greenhouse gas (GHG) emissions by 2025, and reach net-zero GHG emissions by 2050, from the current 2014 baseline.
“For over a decade, we have considered our comprehensive sustainability framework foundational to our company strategy,” said Jeanne-Mey Sun, Vice President, Sustainability, NRG Energy, “We have a legacy of leading our sector in sustainability, transparency and disclosure, and the issuance of this Sustainability-Linked Bond is another example of our dedication to lead in the energy transition.”
“We’re proud to lead the way with this innovative Sustainability Linked Bond, which ties our financing to the achievement of our sustainability objectives,” said Gaetan Frotte, Senior Vice President and Treasurer, NRG Energy, “We are pleased by the overwhelmingly positive response to this offering, demonstrating the depth of interest for this type of instrument in the market.”
The Company’s SLB will be measured in accordance with one key performance indicator (KPI) and an associated Sustainability Performance Target (SPT), which support United Nations Sustainable Development Goals (SDG) 7 – Affordable and Clean Energy and 13 – Climate Action. The SPT set by NRG is absolute GHG emissions of 31.7 million metric tons of carbon dioxide equivalent by the end of 2025.
Reaching this goal is equivalent to removing over 6.8 million passenger vehicles from the road for a year. Measurement of the KPI will cover emissions from the production of wholesale electric power at facilities owned or controlled by the Company (Scope 1), emissions generated from the electricity purchased and consumed by the Company (Scope 2), and emissions encompassed by employee business travel (Scope 3).
Further, NRG has obtained a separate second-party opinion (SPO) from Vigeo Eiris on the robustness and relevance of the KPI and SPT. Vigeo Eiris is a global leader in environmental, social, and governance (ESG) assessments, data, research, benchmarks and analytics, and is a Climate Bonds Initiative Verified Provider of Second Party Opinions.
NRG was also advised by Natixis, which acted as sole sustainability-linked bond structurer and coordinator. Natixis is a leader in providing innovative financial products and solutions to support companies’ transitions to a more sustainable business model, providing invaluable expertise and guidance as an active structurer and coordinator.
The Company’s GHG emissions will continue to be reported on an annual basis through NRG’s Sustainability Report and in a separate third-party assurance report from its auditor.
For full details see investors.nrg.com/fixed-income.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as “expect,” “estimate,” “should,” “anticipate,” “forecast,” “plan,” “guidance,” “outlook,” “believe” and similar terms. Although NRG believes that the expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially.
NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the SEC at www.sec.gov.
About NRG
At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to more than 3.7 million residential, small business, and commercial and industrial customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, and by working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy, @nrginsight.
Investors:
Kevin L. Cole, CFA
Investor Relations
NRG Energy
(609) 524-4526
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Media:
Candice Adams
Corporate Communications
NRG Energy
(609) 524-5428
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DUBLIN--(BUSINESS WIRE)--The "Marine Hybrid Propulsion - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 6th edition of this report. The 276-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Marine Hybrid Propulsion Market to Reach US$5.5 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Marine Hybrid Propulsion estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$5.5 Billion by 2027, growing at a CAGR of 6.8% over the analysis period 2020-2027.
Diesel-electric, one of the segments analyzed in the report, is projected to grow at a 7.3% CAGR to reach US$2.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Parallel segment is readjusted to a revised 6.5% CAGR for the next 7-year period. This segment currently accounts for a 28.9% share of the global Marine Hybrid Propulsion market.
The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 10.6% CAGR for the Period of 2020-2027
The Marine Hybrid Propulsion market in the U.S. is estimated at US$1 Billion in the year 2020. The country currently accounts for a 28.88% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.1 Billion in the year 2027 trailing a CAGR of 10.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR while Rest of European market (as defined in the study) will reach US$1.1 Billion by the year 2027.
Serial Segment Corners a 22.9% Share in 2020
In the global Serial segment, USA, Canada, Japan, China and Europe will drive the 5.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$603.5 Million in the year 2020 will reach a projected size of US$887.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$772.6 Million by the year 2027, while Latin America will expand at a 7.4% CAGR through the analysis period.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/iuka9j
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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AllegroGraph Positioned as a Champion and Strong Performer by Leading Analyst Firms and Acknowledged for Graph Innovation
LAFAYETTE, Calif.--(BUSINESS WIRE)--Franz Inc., an early innovator in Artificial Intelligence (AI) and leading supplier of Semantic Graph Database technology for Knowledge Graph Solutions, today announced that independent analyst firms have positioned AllegroGraph 7 as a Champion and Strong Performer. AllegroGraph 7 has also secured industry awards from leading technology news organizations and been recognized for technical innovation from large enterprise customers.
During 2020, AllegroGraph and Franz were recognized by the following industry analysts and technology media.
AllegroGraph 7 is a breakthrough solution that allows infinite data integration through a patented approach unifying all data and siloed knowledge into an Entity-Event Knowledge Graph solution that can support massive big data analytics. AllegroGraph 7 utilizes unique federated sharding capabilities that drive 360-degree insights and enable complex reasoning across a distributed Knowledge Graph.
“AllegroGraph 7’s support of Entity-Event Data Modeling is the most welcome innovation and addition to our arsenal in reimagining healthcare and implementing Precision Medicine,” said Dr. Parsa Mirhaji, Director of Center for Health Data Innovations at the Albert Einstein College of Medicine and Montefiore Health System, NY. “Precision Medicine is about moving away from statistical averages and broad-based patterns. It is about connecting many dots, from different contexts and throughout time, to support precision diagnosis and to recommend the precision care that can take into account all the subtle differences and nuisances of individuals and their personal experiences throughout their life. This technology is about saving lives, by leveraging data, context and analytics and is what Franz’s Entity-Event Data Modeling brings to the table.”
AllegroGraph 7 provides users with an integrated version of Gruff, a unique browser-based graph visualization software tool for exploring and discovering connections within enterprise Knowledge Graphs. Gruff enables users to visually build queries and visualize connections between data without writing code, which speeds discoveries and enhances the ability to uncover hidden connections within data.
“Few tools exist that can quickly turn arbitrary RDF graph pattern matches into clear visualizable results,” said Michael Pool, Global Head of Semantic Modeling and Engineering, Senior Director at BNY Mellon Bank. “Gruff is invaluable in turning our knowledge graph data into useful and actionable analytic insights.”
Louis Rumanes at UnitedHealth Group Research and Development recognizes the value of using Gruff as a browser-based app and commented, "Nice job on Gruff in a browser and I think this will be a gamechanger.”
Gartner predicts “the application of graph processing and graph DBMSs will grow at 100 percent annually through 2022 to continuously accelerate data preparation and enable more complex and adaptive data science.” In addition, Gartner named graph analytics as a “Top 10 Data and Analytics Trend” to solve critical business priorities.” (Source: Gartner, Top 10 Data and Analytics Trends, November 5, 2019)
About Franz Inc.
Franz Inc. is an early innovator in Artificial Intelligence (AI) and leading supplier of Graph Database technology with expert knowledge in developing and deploying Knowledge Graph solutions. The foundation for Knowledge Graphs and AI lies in the facets of semantic technology provided by AllegroGraph and Allegro CL. AllegroGraph is a database technology that enables businesses to extract sophisticated decision insights and predictive analytics from highly complex, distributed data that cannot be uncovered with conventional databases. Unlike traditional relational databases or other NoSQL databases, AllegroGraph employs semantic graph technologies that process data with contextual and conceptual intelligence. AllegroGraph is able run queries of unprecedented complexity to support predictive analytics that help organizations make more informed, real-time decisions. AllegroGraph is utilized by dozens of the top Fortune 500 companies worldwide. To learn more about Franz and AllegroGraph, go to https://www.franz.com/.
The current free versions of AllegroGraph v7.0.4 and Gruff v8.0.3 are available for download at https://allegrograph.com/downloads/
All trademarks and registered trademarks in this document are the properties of their respective owners.
Media Contact:
Craig Norvell
Franz Inc.
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+1-510-452-2000
DUBLIN--(BUSINESS WIRE)--The "Marine Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global marine composites market grew at a CAGR of around 6% during 2014-2019. Looking forward, the publisher expects the global marine composites market to continue its moderate growth during the next five years.
Marine composites refer to a mixture of fibers and resin materials that are used to shape and reinforce marine components. Ferrocement, glass-reinforced plastic, wood fibers, carbon composites and aramid fiber are some of the most commonly used marine components. They are usually manufactured using polyester, vinyl ester, epoxy, thermoplastic, acrylic and phenolic resins. They are also used for manufacturing gratings, ducts, shafts, piping and hull shells. These composite-based parts are used for assembling powerboats, sailboats and cruise ships as they offer advantageous properties, such as high mechanical strength, fuel efficiency, reduction in the overall weight, corrosion resistance, and customizability.
One of the key factors creating a positive outlook for the market is the significant growth in the maritime industry across the globe. Furthermore, the growing demand for high speed, power and luxury boats and yachts is also providing a boost to the market growth. Marine composites are extensively used for manufacturing recreational boats that have a high strength-to-weight ratio, fuel-efficiency, improved noise damping features and lower magnetic signature. In line with this, increasing marine transportation activities and cargo movement across borders is contributing to the market growth. Composites, such as fiber-reinforced composites, are being increasingly used as they can withstand extreme pressures from winds, waves and tides and maintain their physical properties when submerged in saltwater.
Additionally, various product innovations, such as the development of marine composites using renewable materials and vacuum infusion, are acting as another growth-inducing factor. These composites provide additional stiffness, vibration damping, water repellency and impact and abrasion resistance.
Companies Mentioned
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Marine Composite Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Composite Type
6.1 Metal Matrix Composite (MMC)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Ceramic Matrix Composite (CMC)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Polymer Matrix Composite (PMC)
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Fiber Type
7.1 Glass Fiber
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Carbon Fiber
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Aramid Fiber
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Natural Fiber
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Resin Type
8.1 Polyester
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Vinyl Ester
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Epoxy
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Thermoplastic
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Phenolic
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Acrylic
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Vessel Type
9.1 Power Boats
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Sailboats
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Cruise Ships
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.2 Asia Pacific
10.3 Europe
10.4 Latin America
10.5 Middle East and Africa
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/mlfhce
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With Taygete I, 7X Reaches 900 MW of operating solar projects in ERCOT
AUSTIN, Texas--(BUSINESS WIRE)--#ERCOT--7X Energy, Inc. (“7X”), a leading utility-scale solar developer, owner, and asset manager, announced it has partnered with Nestlé to be the sole tax equity investor for its 250 MWac Taygete I Energy Project (“Taygete I” or “Project”) located in Pecos County, Texas. 7X has now successfully originated 1,350 MWac of solar projects either in operation or under construction in Texas. The projects combined represent a capital injection of over $1.5 billion dollars.
Taygete I construction activities are complete and the Project is in the final energization phase with full commercial operation expected in early 2021. 7X Energy, the project owner, will also be the asset manager. A portion of the energy generated from the Taygete I solar project will be sold through a long-term hedge agreement to J. Aron & Company LLC., a subsidiary of Goldman Sachs. The other power purchaser is an S&P A- Rated entity. CIT was the coordinating lead arranger and the other lenders included Deutsche Bank, National Bank of Canada, CIBC, Rabobank, and Amalgamated Bank. Marathon Capital acted as the exclusive financial advisor to Nestlé on the transaction.
“Taygete I is an exciting achievement for 7X in which it is now an independent power producer,” said Clay Butler, President and CEO of 7X Energy. “Our expansion into ownership and asset management is the clear evolution for 7X as we are committed to the highest design and construction standards while also aggressively managing end to end costs to provide greater access to more competitive clean energy.”
Nestlé is the sole tax equity investor for the Taygete I project. This investment represents the company’s largest direct investment (by capacity) in a renewable energy project to date. In addition to its tax equity investment, Nestlé will purchase 100% of the renewable electricity attributes generated by the project’s energy production, estimated to be 750,000 megawatt hours per year for 15 years. This renewable energy will help the company reduce carbon emissions while making household favorites like DiGiorno® pizza, Sweet Earth® meals, Purina® Pro Plan® pet food and Tidy Cats® cat litter.
“Nestlé’s investment in Taygete I is an important milestone on our journey to achieve net zero by 2050. This is an aggressive goal, and to achieve it we are innovating across our company, from the ingredients we use, to the packaging that keeps our food and beverages safe, to how we make and transport our products,” said Jim Wells, Chief Supply Chain Officer for Nestlé USA. “We are proud that our investment will expand the availability of renewable energy, adding enough solar electricity to the U.S. grid to power 90,000 homes each year. Also, with this step, we continue to be on track for a 35% GHG emissions reduction per tonne of product in our U.S. manufacturing facilities by the end of 2020.”
The project, covering approximately 2,000 acres, used NextTracker components, Power Electronic Freesun HEM inverters, and over 856,000 Jinko modules. Swinerton Renewable Energy constructed the Taygete I solar project under an engineering, procurement, and construction (EPC) contract with 7X Energy. Taygete I solar project created over 300 jobs during the peak of construction. Over the life of the facility the project will generate tens of millions of dollars in property tax revenue to the county.
“7X has been a great community partner during the development and construction of Taygete I. The economic benefits the project has brought to the region confirms the value of utility-scale solar energy,” said The Honorable Judge Joe Shuster, Pecos County. “This county has been at the forefront of energy generation as exemplified in that we’re #14 in oil and gas production, #5 in wind energy, and #1 in solar in the State of Texas. The Taygete I project showcases how oil and gas and solar can co-exist and we’re proud to be part of the Texas solar boom!”
For additional information on the Taygete I Energy Project, please visit here.
About 7X Energy
7X Energy, Inc. (7X), is a leading independent power producer that develops, owns, and provides asset management services of utility-scale solar projects. The company is independently owned and consists of a diverse team of seasoned industry veterans, with over 10,000 MW of collective utility-scale development expertise. 7X has over 1,300 MW of solar projects that are operating or under construction and has a 4 GW development portfolio. 7X’s corporate office is located in Austin, Texas, with regional offices located in Denver, CO; San Francisco, CA; and Washington, D.C. Contact us at www.7x.energy.
About Nestlé in the U.S.
Nestlé in the United States is committed to unlocking the power of food to enhance quality of life for everyone, today and for generations to come. We are transforming our product portfolio by focusing on high-growth categories, including pet care, bottled water, coffee, consumer health and infant nutrition, and offering brands people love. With approximately 36,000 employees across 34 states, Nestlé in the U.S. offers a wide portfolio of food and beverage products for people and their pets throughout their lives. Nestlé in the U.S. consists of seven main businesses: Nestlé USA, Nestlé Waters North America, Nestlé Nutrition, Nestlé Professional, Nespresso, Nestlé Health Science, and Nestlé Purina PetCare Company. The United States is Nestlé S.A.’s largest market with combined product sales of $29 billion. For more information, visit Nestléusa.com or Facebook.com/NestléUSA.
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DUBLIN--(BUSINESS WIRE)--The "Ensuring the Discovery of Oil is a Blessing not a Curse to the Local Communities: An Insight Into the Paradox of Plenty" report has been added to ResearchAndMarkets.com's offering.
This report analyzes the fascinating subject of the paradox of plenty, whereby the discovery of a natural resource such as oil results in more harm than good in terms of the livelihoods of the local communities.
The resource curse, also known as the "paradox of plenty" has been a much-debated topic in research spanning many decades.
What is broadly agreed is:
Broadly speaking, countries that have succeeded are known to have invested in making long-term, strategic development plans to ensure the discovery of oil creates long-term, sustainable livelihoods for their people.
What the Report Offers
The report is intended to provide a holistic insight into the multiple, and often complex factors at play when discussing the resource curse. Increased awareness of these factors will help industry players, governments and local communities develop an appreciation of the breadth of variables worth considering.
This will arguably increase the chances of effective governance frameworks being developed to ensure the discovery of resources subsequently leads to an improvement in the livelihoods of the people in the local and wider communities. Whilst the report focuses on the impact of oil discovery on the livelihoods of local communities, similar arguments are applicable to the discovery of other natural resources such as minerals. The study looks at both the resource curse approach, including factors like over-reliance, as well as the institutional approach, exploring factors such as politics and conflict.
Key Areas Explored
Key Topics Covered:
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/9xva62
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Digital transformation technologies, expertise from Emerson to support TVA’s goal of ensuring long-term, responsive power delivery from its fleet
PITTSBURGH--(BUSINESS WIRE)--The Tennessee Valley Authority (TVA) has selected Emerson (NYSE:EMR), a global software, technology and engineering leader, to modernize and optimize its Magnolia power plant that delivers reliable, cleaner electricity to customers. The Magnolia project is part of TVA’s five-year, $110 million investment to install digital technologies across its power generating fleet. Emerson’s software and technologies will support TVA’s efforts to digitally transform the Mississippi plant through advanced operations, enhanced cybersecurity and digital twin-enabled training.
TVA is the United States’ largest public power provider, supplying electricity to companies that serve 10 million people in the seven-state Tennessee Valley region. The 980-megawatt Magnolia plant, in operation since 2003, uses combined cycle technology, generating up to 50% more electricity from natural gas while producing less emissions than other sources.
Reliable, responsible operations are critical to meet the region’s growing power needs, and legacy technologies – which are more expensive and difficult to maintain – present a challenge. Emerson will replace existing systems at the combined-cycle plant with its Ovation™ automation system and software. Digital twin technologies will provide advanced training to operators, enabling them to respond quickly and safely to power generation demands. Robust cybersecurity technologies are integral to Emerson’s comprehensive solution that is designed to enhance and secure operations at the Magnolia facility.
“These upgrades are part of a larger long-term asset strategy to maintain our existing fleet in such a way that we can depend on their operation for years to come,” said Allen Clare, TVA vice president for gas & hydro operations.
Emerson and TVA are using virtual technologies in place of face-to-face interaction to keep the project moving forward during the COVID-19 pandemic.
“TVA is committed to digitally transforming its fleet so it can provide more reliable and cleaner electricity to its customers,” said Bob Yeager, president of Emerson’s power and water business. “Our technologies have allowed us to keep this critical project on schedule and prioritize the safety of communities and operations.”
The Magnolia project is expected to be completed in 2022. TVA provides power to most of Tennessee and portions of Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.
Emerson has been ranked the leading distributed control systems provider for the global power generation industry, according to Omdia.1
1Omdia, Distributed Control Systems Report, 2020. Market share based on revenue. Results are not an endorsement of Emerson. Any reliance on these results is at the third-party’s own risk.
About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information visit Emerson.com.
This news release and a high-resolution photo are also available online. Visit: https://www.emerson.com/en-us/news/automation/20-12-tennessee-valley-authority-modernization
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Leading Power Expert Will Expand Solutions for Power Generators and Digital Asset Miners
BOSTON--(BUSINESS WIRE)--Next-generation digital asset financial services firm BitOoda announced it has hired Ben Pratt as the company’s new Chief Power Strategist as the firm continues to drive the advancement of the digital asset mining financial services ecosystem.
Ben was most recently Senior Managing Director of Uniper Global Commodities NA where he headed the North America power business, including the firm’s effort to originate, price and monetize hedging solutions with power industry participants. His physical trading management background and strong fundamental knowledge base across all U.S. power regions enables him to provide unique risk and structuring insights.
At BitOoda, Ben will focus on broadening BitOoda’s groundbreaking work establishing the industry’s first hashpower market trading infrastructure to provide added value both for BitOoda’s mining clients and also for independent power providers throughout North America.
“We are thrilled to be adding an expert of Ben’s caliber to the BitOoda team. Ben will enable us to further solidify our position as the market leader in the development and execution of strategies at the nexus of digital assets, compute infrastructure, and power providers,” BitOoda CEO Tim Kelly stated.
Ben Pratt added, “I am excited for the opportunity to join BitOoda’s world-class team and look forward to applying my experience in the global power markets to offer new ways for power providers to monetize their capacity while exposing them to an exciting new asset class.”
Contact This email address is being protected from spambots. You need JavaScript enabled to view it. to explore opportunities for power generators to increase profit margins by optimizing load stability and optionality through Bitcoin mining, and for miners to structure hedging and risk management strategies that effectively manage their exposure and gain access to new sources of capital.
About BitOoda: BitOoda Holdings Inc. is a global financial services platform with a mission to accelerate the adoption of transformational technologies by promoting transparent and efficient marketplaces through innovative and professional capital markets solutions. BitOoda’s subsidiaries include Ooda Commodities LLC, a CFTC/NFA-registered Introducing Broker; BitOoda Technologies LLC, an SEC/FINRA-registered Broker-Dealer; and BitOoda Digital LLC, which has applied for a NY DFS BitLicense. BitOoda HashTM, BitOoda Difficulty®, and BitOoda Bitcoin Transaction FeeTM are trademarks of BitOoda Holdings Inc. For more information, please visit www.bitooda.io or email This email address is being protected from spambots. You need JavaScript enabled to view it..
Tom Nath
BitOoda Holdings, Inc.
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LONDON--(BUSINESS WIRE)--#apac--The new Diesel market research report from SpendEdge indicates an incremental growth during the forecast period as the business impact of COVID-19 spreads.
As the markets recover SpendEdge expects the Diesel market size to grow by USD 41.16 billion during the period 2020-2024.
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the Diesel market. Download free report sample
Diesel Market Analysis
Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this Diesel research report. This market intelligence report also analyzes the top supply markets and the critical cost drivers that can aid buyers and suppliers devise a cost-effective category management strategy.
Insights Delivered into the Diesel Market
This market intelligence report on Diesel provides answers to all the critical problems faced by investors who seek cost-saving opportunities in a competitive market. It also offers actionable anecdotes on the industry structure and supply market forecasts including highlights of the top vendors in this market. Our procurement experts have determined effective category pricing strategies that are attuned to the dynamics of this market which can be leveraged to maximize revenue generation against minimum investments on the products.
Information on Latest Trends and Supply Chain Market Information Knowledge center on COVID-19 impact assessment
The reports help buyers understand:
This Diesel Market procurement research report offers coverage of:
For more information on the exact spend growth rate and yearly category spend, download a free sample.
This market intelligence report identifies the major costs incurred by suppliers and provides additional information on:
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TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) today announced that its Board of Directors has appointed Rose Robeson as an independent director on the Board, effective December 10, 2020.
Ms. Robeson brings 32 years of experience in the energy industry, most recently as chief financial officer of DCP Midstream, the largest natural gas liquids (NGL) producer and gas processor in the United States. An SEC Audit Committee Financial Expert, she currently serves on the boards of three other publicly traded energy companies where she chairs two audit committees and serves on a third. In addition, she serves on an environmental, social and governance committee as well as other board committees.
At Williams, Robeson will serve as a member of the Board’s Compensation and Management Development Committee and the Environmental, Health and Safety Committee.
“The Williams Board is pleased to welcome an outstanding new director in Rose, who brings tremendous financial expertise and deep industry experience from across the energy value chain,” said Stephen W. Bergstrom, chairman of the Williams Board of Directors. “Rose’s accomplished career and commitment to strong corporate governance makes her an excellent addition to the growing diversity of the Williams Board and positions the company to continue to deliver long-term, sustainable value and growth for our shareholders.”
With Ms. Robeson’s appointment, the Williams Board of Directors consists of 12 members, 11 of whom are independent.
About Rose Robeson
Ms. Robeson served as chief financial officer of DCP Midstream LLC from January 2002 to May 2012. She also served as the chief financial officer of DCP Midstream GP LLC, the general partner of DCP Midstream Partners, LP, from May 2012 until January 2014. She previously held finance positions of increasing responsibility with Kinder Morgan, Total Petroleum, Inc. and Ernst & Young. Ms. Robeson holds a Bachelor of Science degree in accounting from the Northwest Missouri State University and became a certified public accountant in 1983. Recognized to the “Top Women in Energy – 2014” by the Denver Business Journal, Ms. Robeson is a member of the board of directors of SM Energy, Antero Midstream Corporation and Newpark Resources, Inc.
About Williams
Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use.
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Thirty-one companies have now joined The Climate Pledge, a commitment co-founded by Amazon and Global Optimism to meet the goals of the Paris Agreement 10 years early
New signatories – Atos, Brooks, Canary Wharf Group, Coca-Cola European Partners, ERM, Groupe SEB France, Harbour Air, ITV, Microsoft, Neste, Rubicon, Unilever, and Vaude – are taking real, science-based, high-impact actions to tackle climate change, including deploying renewable energy, investing in sustainable buildings, and mobilizing supply chains
SEATTLE--(BUSINESS WIRE)--Today, Amazon (NASDAQ: AMZN) and Global Optimism announced that 13 new signatories—Atos, Brooks, Canary Wharf Group, Coca-Cola European Partners, ERM, Groupe SEB France, Harbour Air, ITV, Microsoft, Neste, Rubicon, Unilever, and Vaude—have joined The Climate Pledge, a commitment to be net-zero carbon by 2040, a decade ahead of the Paris Agreement’s goal of 2050.
Signatories to The Climate Pledge agree to:
“Last year, Amazon and Global Optimism co-founded The Climate Pledge to encourage companies to reach the goals of the Paris Agreement ten years early. Today, we have exciting news: 13 more companies, including Unilever and Microsoft, are joining this commitment to confront climate change together and save the planet for future generations,” said Jeff Bezos, Amazon founder and CEO. “There are now 31 companies from around the world that have signed The Climate Pledge, and collectively we are sending an important signal to the market that there is significant and rapidly growing demand for technologies that can help us build a zero-carbon economy.”
Atos
As a leader in secure and decarbonized digital services, Atos has made it its mission to pave the way for a carbon-neutral and sustainable economy through technology innovations. Committed to reducing its environmental footprint and helping businesses succeed in their climate ambitions, Atos uses dedicated digital solutions and highly specialized skills to offer one of the most comprehensive approaches to decarbonization in the market. This year, Atos announced its commitment to net-zero carbon emissions by 2035 across scope 1, 2, and 3 carbon emissions, setting the highest decarbonization standards for its industry and accelerating its decade-long environmental program.
“As a trusted transformation and innovation partner, it is our responsibility to use our unique set of capabilities to tackle the climate change emergency and enable others to do the same, starting with our ecosystem,” said Elie Girard, Atos CEO.
Brooks
Brooks’ commitment to sustainability spans a decade, and the high-performance running brand recently adopted a roadmap to reduce scope 1, 2, and 3 carbon emissions in line with climate science, and to achieve net-zero carbon emissions by 2040.
“We live, work, and run as part of a global community. The planet is our home. And because more than 150 million people worldwide run outside, it’s critical we take care of it,” said Jim Weber, Brooks CEO. “As we create new gear and run our global business, we seek to minimize our environmental impact, create positive social change, and be transparent about areas where we can do better. We are very proud to be the first athletic brand to join The Climate Pledge. These partnerships will be critical to achieving our ambitious goals.”
Canary Wharf Group
Canary Wharf Group (CWG) is responsible for Europe’s biggest urban regeneration project in London, and it has delivered one of the largest environmentally certified portfolios in the UK, with over 10 million square feet of sustainably certified buildings to date. As part of its commitment to The Climate Pledge, CWG has launched its net-zero carbon pathway, setting out tangible steps to improve energy efficiency and reduce emissions, as to achieve net-zero carbon emissions by 2030.
“Tackling climate change is an urgent challenge facing all of us, and the property industry has a critical role to play. Canary Wharf is run on 100% renewable electricity and has been since 2012 but there is more to do,” said Shobi Khan, Canary Wharf Group CEO. “We are committed to achieving net-zero carbon by 2030, and we will work with our tenants and suppliers over the next decade to improve energy efficiency and reduce emissions, and support the global transition We are committed to reducing our carbon emissions to net zero by 2030, working hand-in-hand with our tenants and suppliers to make this a reality. Joining The Climate Pledge is recognition of this commitment.”
Coca-Cola European Partners
Coca-Cola European Partners (CCEP) aspires to become net zero by 2040 across its entire value chain, and it will reduce its absolute greenhouse gas emissions by 30% by 2030, in alignment with a 1.5°C pathway and the Science-Based Targets Initiative. CCEP has already reduced its emissions across its value chain by 30.5% since 2010 by shifting to using 100% renewable electricity with the support of RE100; reducing the energy intensity of its cold drink equipment fleet by 60% since 2010; and reducing its use of virgin oil-based plastic by a third in its PET bottles.
“We are committed to playing our part in global efforts to address the climate crisis by reducing absolute greenhouse gas emissions across our value chain,” said Damian Gammell, CCEP CEO. “We aim to do this by continuing to decarbonize our own business wherever possible and by encouraging our suppliers to set their own science-based targets and use 100% renewable electricity by 2023. It is a great pleasure to join The Climate Pledge and accelerate our ambition to become net zero by 2040.”
ERM
ERM works with companies around the world to help them identify and address critical climate risks and opportunities. ERM’s deep experience in climate science, policy, and economics, coupled with its digital expertise, provides its clients with the tools and insights required to navigate the complexities of the transition to a low-carbon future. ERM is also acutely aware of its responsibility to reduce its own footprint through better energy management, so it has switched to renewable power and is seeking credible approaches to offset emissions from travel.
“Sustainability at ERM is a commitment to supporting socio-economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs,” said Keryn James, ERM CEO. “Climate-related risk is a business issue that has a direct impact on ERM’s financial health, our reputation, as well as our ability to attract and retain talent. As the leading global sustainability advisory firm, our purpose is to shape a sustainable future with the world’s leading organizations and we are proud to join The Climate Pledge and redouble our efforts to achieve carbon neutrality in our operations.”
Groupe SEB France
Aware of its responsibility to create a more sustainable planet, Groupe SEB France is committed to reducing the environmental impacts stemming from its business activities. Since it established its first environmental commitments, Groupe SEB France has recorded a 21% decrease in the energy used at its industrial and logistics sites, exceeded its objective on recycling with 35% of recycled materials in its products and packaging, and exceeded its goal on the reduction of logistics-related carbon emissions, with a 33% reduction per unit sold.
"Our key ambitions are to step up innovation to guide our business model towards a more circular economy, and we continue to fight against climate change,” said Richard Joaristi, Groupe SEB France General Manager. “We are excited to join The Climate Pledge as we continue our journey to net-zero carbon by 2040.”
Harbour Air
Named one of Canada’s best managed companies for 11 consecutive years, Harbour Air has been calculating and offsetting the airline’s carbon footprint for over a decade. In 2007, the regional airline became the world’s first and only carbon-neutral airline. Since then, Harbour Air has offset 100% of its emissions associated with seaplane fuel use and corporate operations. Last year, Harbour Air took its commitment to sustainability one step further and on December 10, 2019, the airline successfully converted and achieved the world’s first flight of a fully electric commercial aircraft. The ePlane is now being certified and approved by the FAA and Transport Canada—a critical next step in Harbour Air’s goals to become the first fully electric commercial airline.
“Being a sustainable and responsible corporate citizen is not only embedded into our organizational values, but, I believe, is vital to our success in the community,” said Greg McDougall, Harbour Air founder and CEO. “As the world’s first and only carbon-neutral airline, we are proud of our industry leadership towards sustainability. We look forward to joining The Climate Pledge community and supporting other organizations and industry leaders such as Amazon, Global Optimism, and other signatories to reach net-zero carbon by 2040.”
ITV
ITV, the UK TV company, believes that TV has a critical role to play not only in reducing emissions, but also in shifting culture and creating the new normal. ITV has committed to becoming net zero in operations, productions, and business travel by 2030. The company’s strategy for achieving net-zero emissions is to reduce its impact so that it is as close to zero as possible, in line with the latest climate science. The company will also sequester the emissions it absolutely cannot reduce through third party-verified tree planting and blue-carbon offsetting projects.
"Tackling climate change is one of the greatest challenges we will face in our lifetime. The effects of climate change are already here and the time to act is now,” said Carolyn McCall, ITV CEO. “The scale of change needed demands that all of us, businesses, governments and citizens work collaboratively and act boldly. Reaching over 50 million people every month, we believe that ITV has a critical role to play; not only in reducing our own emissions, but in shifting culture and creating the new normal. ITV is proud to be a signatory of The Climate Pledge."
Microsoft
In January, Microsoft committed to be carbon negative by 2030 and remove from the environment all the carbon it has emitted directly or by electrical consumption by 2050. The company has been carbon neutral since 2012 and is committed to promoting sustainable development and low-carbon business practices globally through its cloud-enabled technologies. To meet the company’s ambitious commitments and help partners and customers meet their own climate goals, collaboration is key and its one of the primary reasons Microsoft is signing on to The Climate Pledge.
“No one company or organization can meaningfully address the climate crisis on their own. It will take aggressive approaches, new innovative technologies and strong commitment to collaboration across industries and economic sectors,” said Lucas Joppa, Microsoft Chief Environmental Officer. “By joining The Climate Pledge community and working together, we will be able to collectively rise to the challenge and curb our emissions so that we can make progress toward a net zero future.”
Neste
Neste, a global leader in renewable and circular solutions, is the first major energy company to sign The Climate Pledge. 15 years ago, Neste decided to transform from an oil company to a renewable products company. Since then, Neste has been consistently recognized for its pioneering sustainability leadership. The company has been included in the Dow Jones Sustainability Indices for 14 consecutive years and three years in the top three of the Global 100 list of the world’s most sustainable companies by Corporate Knights. Continuing on its journey, Neste has set two ambitious climate commitments: to reduce customers’ greenhouse gas emissions by at least 20 million tons annually by 2030, and to reach carbon neutral production by 2035. These goals are driven by Neste’s purpose to create a healthier planet for our children.
“The climate crisis is one of the biggest challenges of our times,” said Peter Vanacker, Neste President and CEO. “It will not be solved with one single solution, but calls for utilizing all available solutions and innovating new ones. This is team play. By joining The Climate Pledge we are reinforcing our commitment to sustainability and are excited to join a community that will share knowledge, ideas, and best practices. We look forward to working together on this important mission.”
Rubicon
Rubicon is a software company that provides smart waste and recycling solutions for businesses and governments worldwide. Using technology to drive environmental innovation, they help businesses become more sustainable enterprises and neighborhoods into greener and smarter places to live and work. Through the design and implementation of circular solutions, which divert waste away from landfills, they help their partners cut greenhouse gas emissions and create a more sustainable world. Rubicon’s mission is to end waste by helping its partners find economic value in their waste streams and confidently execute on their sustainability goals.
“We believe that climate change is among the most urgent issues the world is facing, which makes our joining The Climate Pledge a defining moment for Rubicon. It is our declaration of alliance in the fight against climate change and a restatement of our company’s mission to end waste,” said David Rachelson, Rubicon Chief Sustainability Officer. “Every day, our team works tirelessly alongside our clients to reduce the accumulation of waste and to mitigate its harmful impact on the environment. Putting our name to this pledge reconfirms our dedication to creating a cleaner, healthier, and safer planet for all humankind. We are proud to stand alongside the other companies who have signed The Climate Pledge in this most pressing of global missions.”
Unilever
Unilever first set value chain greenhouse gas footprint targets from cradle to grave back in 2010, as part of the Unilever Sustainable Living Plan. These include halving the greenhouse gas footprint of its products across the value chain and to have no greenhouse gas emissions from its own operations by 2030. The latter target was introduced in a new strategy launched in 2015 ahead of the United Nations Climate Change Conference (COP 21) and included a shift to 100% renewable energy by 2030, with an interim milestone of 100% renewable grid electricity worldwide by 2020—which was achieved in January this year. In June this year, Unilever committed to net zero emissions from all its products, from sourcing to point of sale, by 2039.
“We are delighted to be working with Amazon and Global Optimism on the Climate Pledge,” said Rebecca Marmot, Unilever Chief Sustainability Officer. “Tackling the climate crisis is of paramount importance. At Unilever we have set ourselves a target of net zero emissions from sourcing to point of sale by 2039 and are investing €1bn into a fund to tackle climate change through our brands. With the rest of the Climate Pledge community, we look forward to raising the bar for ambitious collective action on the most urgent challenge of our time.”
Vaude
Vaude is committed to reducing its carbon emissions in line with the goals of the Paris Climate Agreement. Since 2012, the company’s headquarters has been certified as climate neutral. It has now set itself with an ambitious, science-based goal to produce all of its products worldwide with climate-neutral manufacturing.
“In order to effectively tackle climate change, we must succeed in limiting global warming to well below 2 degrees in accordance with the Paris Agreement,” said Antje von Dewitz, Vaude CEO. “At Vaude we want to make our contribution and have set ourselves the goal of manufacturing all products with climate-neutral production. We are proud to join The Climate Pledge, so that we can accelerate our trajectory towards achieving net-zero carbon by 2040.”
“The Paris Agreement set out a unifying roadmap for all countries and all people to address the climate crisis by taking action,” said Christiana Figueres, the UN’s former climate change chief and Global Optimism founding partner. “By joining The Climate Pledge, signatories are not just making a statement of commitment to the future, they are setting a pathway to significant actions and investments that will create jobs, spur innovation, regenerate the natural environment, and help consumers to buy more sustainable products starting now.”
For more information on The Climate Pledge, visit www.theclimatepledge.com.
About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.
About Global Optimism
Global Optimism exists to precipitate transformational, sector-wide change. Achieving a zero emissions future is not a far-off challenge. It’s one we must get on track for now. Every scientific assessment shows that to meet the goal of net -zero emissions by 2050, to keep global heating below 1.5 degrees Celsius, we must halve our emissions between 2020 and 2030. Tackling the climate crisis is only possible when everyone, everywhere plays their part. We work with like-minded collectives from all sectors who are willing to invest in the choices required to be on this challenging – and life-affirming – journey. For more information, visit https://globaloptimism.com/.
Amazon.com, Inc.
Media Hotline
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LONDON--(BUSINESS WIRE)--#apac--The Gas Turbines Market is poised to experience spend growth of more than USD 2.78 billion between 2020-2024 at a CAGR of over 2.79%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages
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Some of the top Gas Turbines Market suppliers enlisted in this report
This Gas Turbines Market procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
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Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
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PINE BLUFF, Ark.--(BUSINESS WIRE)--Highland Pellets LLC (“Highland”) has announced a strategic capital partnership with Orion Energy Partners, L.P. (“Orion Energy”) to fund the expansion and upgrade of its existing wood pellet facility in Pine Bluff, Arkansas as well as provide capital for additional long-term growth initiatives. The facility is supported by a long-term contract with a major European power producer and, when complete, will be capable of producing up to 675,000 metric tonnes of sustainably sourced wood pellets per year.
Highland is a Pine Bluff, Arkansas-based wood pellet producer that supplies sustainably sourced renewable biomass for export where it is used as fuel for renewable base load electricity production at a converted coal power plant. The Highland facility was initially completed in 2017 and is currently undergoing equipment upgrades to improve operational performance and increase production capacity.
Highland sources sustainable fiber resources for its wood pellets consisting of trees that are not suitable for the lumber market (either due to size or quality), thinnings from crowded forests, and leftover material from local sawmills. The facility supports over 90 full-time jobs to the local community and over 330 jobs in the adjacent forest industries and transportation supply chains.
Orion Energy provides creative capital solutions to middle market energy infrastructure businesses across North America and select international markets.
“Our partnership with Orion Energy puts us in position to become a top global supplier of sustainable wood pellets,” said Tom Reilley, Highland’s CEO. “This transaction will allow us to scale up our Pine Bluff facility and continue to execute our growth strategy. Orion Energy has been a collaborative capital partner and was able to execute the transaction in an uncertain market backdrop with speed and efficiency. We look forward to growing our platform with the Orion Energy team.”
“We are pleased to partner with Highland to expand the Pine Bluff facility and provide a sustainable fuel source to support the global renewable fuels market. Tom and his dedicated team have worked relentlessly to execute their plan and we are excited to collaborate at this transformational stage,” said Ethan Shoemaker, Investment Partner and Head of the Houston Office for Orion Energy.
Barclays acted as lead arranger and sole bookrunner on the transaction. Linklaters LLP acted as legal counsel to Highland. Latham & Watkins LLP and Shearman & Sterling LLP acted as legal counsel to Orion Energy.
About Highland Pellets
Highland Pellets, LLC (“Highland”) is an Arkansas-based wood pellet producer that supplies sustainably sourced renewable biomass fuel for export to the European market. Highland’s first facility, located in Pine Bluff, Arkansas, was initially completed in 2017, and is undergoing equipment upgrades to improve operational performance and increase production capacity. For more information, visit www.highland-pellets.com.
About Orion Energy Partners
Orion Energy Partners is a private capital partner to lower/middle market energy infrastructure and related companies, primarily in North America, with assets under management in excess of $2.0 billion. We provide non-control and non-dilutive capital in flexible, senior secured loan structures as an alternative to equity investment and traditional loans. Our target investment sectors include downstream, renewable fuels, sustainable and conventional power generation, energy efficiency, midstream, digital infrastructure, asset-heavy services, recycling, and other industrial or environmentally innovative energy opportunities. Orion Energy manages long-term, committed capital across multiple investment funds, allowing us to forge transformational relationships across a diverse group of companies and to be patient and supportive as these organizations execute on their business plans. We aim to have more than 50% of our capital partnerships support a transition to sustainable, environmentally innovative energy businesses and practices. Please visit www.OrionEnergyPartners.com to learn more about our capital partnerships.
Contact information for Highland:
Tom Reilley
CEO
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Contact information for Orion Energy:
Reyno Norval
Managing Director, Investor Relations and Business Development
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New HY-OPTIMA 2745 delivers real-time measurement with no cross-sensitivity to other gases in the stream and is up to 50% CO tolerant
VALENCIA, Calif.--(BUSINESS WIRE)--#h2scan--H2scan, a leading provider of proven, proprietary hydrogen sensors and technologies for utilities and industrial markets, announced today the release of its latest product in the HY-OPTIMA™ line of sensors. The HY-OPTIMA 2745 hydrogen specific analyzer is designed to deliver real-time measurement of hydrogen levels in synthesis gas (syngas), with no cross sensitivity to high concentrations of CO.
Increasing global energy demand has driven interest in syngas, which can be used as an alternative energy fuel. Syngas also provides a way to turn waste gases, such as CO2 produced by power plants or factories, into usable fuels. Syngas is composed mainly of carbon monoxide and hydrogen, with carbon dioxide sometimes also present. There are various methods of producing syngas, such as gasification from different feedstocks (coal, natural gas, or biomass / waste products), partial oxidation, steam methane reforming, or autothermal reforming.
The most common use of Syngas is for production of hydrogen, with the hydrogen then sold as a separate product and the residual gases recycled to be used as fuel for a steam methane reformer. Additionally, syngas can be used for production of synthetic petroleum, as a fuel or lubricant for internal combustion engines or as an intermediate for the production of other chemicals.
Importance of HY-OPTIMA™ 2745 Hydrogen Measurement
Hydrogen measurement in syngas is important as it indicates the quality of the syngas produced. Historically, this was done using either a thermal conductivity device to measure hydrogen or by measuring the other components and assuming everything else was hydrogen. This assumption can result in costly inefficiencies in the production process.
H2scan’s HY-OPTIMA™ 2745 hydrogen-specific analyzer is the best measurement solution that provides a cost effective and real-time measurement of hydrogen in syngas streams. The solid state, non-consumable sensor technology, that is used in thousands of successful installations worldwide, provides continuous hydrogen concentration data with no cross-sensitivity to other gases in the stream, including CO (up to 50% CO tolerant). No reference or carrier gas systems are required to reliably and accurately report real-time hydrogen measurements with fast response times.
“The use of syngas is growing rapidly throughout the world, particularly where gasification can be used to produce high value products from low value feedstocks. Proper hydrogen measurement is absolutely critical in ensuring quality syngas production,” said Michael Nofal, VP Sales and Business Development for H2scan. “Real-time hydrogen measurement removes the uncertainty from this process, and having this information available in real time allows syngas production to be tightly controlled to ensure process optimization.”
Real-time hydrogen measurement allows an end user to adjust the hydrogen and carbon ratios to ensure maximum efficiency. For example, a typical adjustment could be adding water to increase the hydrogen percentage, or removing water to increase the carbon monoxide percentage.
Availability
Syngas-optimized HY-OPTIMA™ 2745 sensors are currently available for sale. For more information on H2scan and its hydrogen sensors, visit http://h2scan.com/.
About H2scan Corporation
H2scan was founded in 2002, and has its headquarters, sales, production and marketing staff in Valencia, California. The Company provides the most accurate, tolerant and affordable hydrogen leak detection and process gas monitoring solutions for industrial markets. H2scan enables the accurate monitoring and control functions for a wide range of applications, including control systems, safety monitoring and alarm systems. H2scan also provides portable, handheld configurations for easy leak detection and monitoring. H2scan supplies its hydrogen process analyzer and hydrogen leak detectors to utility, petrochemical, refinery, and gas line companies, nuclear power plants, fuel cell, petroleum and other industrial organizations through distribution, or long-term supply agreements. H2scan helps its customers meet safety, regulatory and process control requirements while doing critical hydrogen monitoring. H2scan’s customer base includes some of the largest manufacturing enterprises in the world including: General Electric, DOD, ABB, Siemens, ExxonMobil, Shell, Chevron, NASA, Proctor & Gamble and more.
H2scan now holds 27 patents on its core technology, software and electronics and its products are sold in over 50 countries worldwide. For more information, please visit http://www.h2scan.com.
David Rodewald/Amber Rubin
The David James Agency LLC
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Cross-border logistics startup to offer real-time, cross-border freight tracking thanks to project44’s Advanced Visibility Platform
CHICAGO--(BUSINESS WIRE)--With many international supply chains in disarray due to COVID-19, the need for freight visibility in the U.S. and abroad is more critical than ever. Forager and project44, two leaders in the logistics technology space, today announced a new partnership that will redefine visibility for cross-border shipments and bring a level of transparency long thought impossible for U.S./Mexico freight.
“Businesses that ship domestically already expect a high level of visibility on all their loads, but historically that expectation of transparency stopped at the U.S./Mexico border. There’s this industry belief that Mexico is ‘The Blackhole of Freight’ and that it’s impossible to know where your truck is once it leaves the U.S.,” said Matt Silver, CEO and Co-founder of Forager. “We don’t buy that. Forager is committed to providing real-time visibility to North American freight, and our new partnership with p44 really highlights our dedication to a new standard of cross-border transparency.”
This partnership combines Forager’s flagship cross-border freight management platform, SCOUT by Forager, with project44’s leading, global Advanced Visibility Platform. Now, Forager’s customers will be able to leverage automated, real-time tracking data to seamlessly manage their supply chains across North America, regardless of borders.
“The work that goes into tracking the movement of goods internationally is enormous,” said Vernon O’Donnell, Chief Product and Services Officer at project44. “Our partnership with Forager eases that burden on shippers and carriers by automatically stitching together shipment information — regardless of side of the border . Our customers need a single view of real-time, high-fidelity information where shipments are to manage their production, inventory, and transportation networks. The Forager team shares our mission - to bring new levels of trust and predictability into supply chains - and they bring deep cross-board freight expertise to help carriers and shippers better serve their customers, regardless of location.”
The p44 integration also allows Forager's expansive network of cross-border carriers to track via ELD — cutting down on tedious manual tracking processes and eliminating dozens of unnecessary calls and emails to drivers.
“Our customers will benefit significantly from increased cross-border visibility, but automating the tracking process will also remove a huge weight from our carriers’ shoulders,” said Silver. “We’re launching a new cross-border load board in 2021 alongside a whole host of carrier-focused solutions. Naturally, we want the experience of our carriers to be just as efficient and seamless as it is for our customers. SCOUT is a marketplace with two sides, and this partnership with project44 serves both.”
This development comes shortly after the announcement of Forager’s partnership with global TMS leader Blue Yonder, and the introduction of an industry first — a completely transparent pricing policy and public pricing tool.
Forager and project44’s collaboration represents another step in bringing much-needed technology to the cross-border space.
About Forager
Forager is a cross-border logistics technology company that’s revolutionizing the trillion-dollar supply chain industry. Led by Co-Founder and CEO Matt Silver, Forager launched in 2018 to tackle the challenges of shipping truckload freight between the United States, Mexico, and Canada. Using an innovative marketplace, Forager connects all parties on both sides of the border to automate complex supply chains and save businesses time and money. Forager has been named to the FreightWaves Freight Tech 100 every year since its inception. In 2020, the company was also recognized by leading Chicago business incubator 1871 and The Chicagoland Entrepreneurial Center as one of five Rising Stars of tech. With a combination of purpose-built technology and industry expertise, Forager is setting the new standard for cross-border shipping. To learn more, visit www.foragerscs.com.
About project44
project44 is the world’s leading advanced visibility platform for shippers and third-party logistics firms. project44 connects, automates and provides visibility into key transportation processes to accelerate insights and shorten the time it takes to turn those insights into actions. Leveraging the power of the project44 cloud-based platform, organizations are able to increase operational efficiencies, reduce costs, improve shipping performance, and deliver an exceptional Amazon-like experience to their customers. Connected to over 175,000 carriers worldwide and having comprehensive coverage for all ELD and telematics devices on the market, project44 supports all transportation modes and shipping types, including Parcel, Final-Mile, Less-than-Truckload, Volume Less-than-Truckload, Truckload, Rail, Intermodal, and Ocean. To learn more, visit www.project44.com.
Taylor Herpich
773-360-3389
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