PG&E Pipelines Transport RNG to California Transportation Sector
Project Captures More Than 1.6 MMBtu of Dairy Methane
OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today joined with Aemetis, Inc. to officially commission the interconnection of a new Renewable Natural Gas (RNG) facility in Keyes, Calif. The partnership between PG&E and Aemetis will enable transportation of clean RNG to California transportation customers and capture more than 1.6 MMBtu of dairy methane per year that would otherwise be emitted into the atmosphere.
“We are proud to partner with Aemetis and California dairies to deliver clean renewable natural gas to Californians. This project is a key milestone in our goal to expand our renewable energy mix within our gas supply and evolve our system to be a safe, affordable, and reliable net zero energy delivery platform,” said PG&E’s Senior Vice President, Gas Engineering Janisse Quiñones.
At full build-out, a 40-mile gathering line will receive RNG produced at the Aemetis Biogas Central Dairy Digester Project and transport it through PG&E’s transmission pipeline system to end-use customers. Currently, the RNG transported from this project will directly support the transportation sector. The project estimates that emissions captured from more than 60 contributing dairies is equal to that of 1.1 million cars.
“Commissioning the biogas cleanup unit and interconnecting with PG&E’s gas pipeline is a significant milestone for Aemetis,” said Eric McAfee, Chairman and CEO of Aemetis. “Our ability to fuel trucks with negative carbon intensity RNG will contribute to California’s goal of carbon neutrality and will reduce transportation air pollution created by diesel emissions.”
The Aemetis Biogas Central Dairy Digester Project marks PG&E’s fourth RNG interconnection in the last six months. A fifth RNG project is slated to come online by Dec. 2022, advancing PG&E’s efforts to decarbonize the natural gas system and reduce emissions as outlined in the recently released Climate Strategy Report. The report details the company’s path to become net-zero on greenhouse gas emissions by 2040, and “climate positive,” or going beyond net zero emissions and actively removing more greenhouse gases from the environment than it emits, by 2050.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy company in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation’s cleanest energy to 16 million people in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.
About Aemetis
Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace petroleum-based products and reduce greenhouse gas emissions. Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis also owns and operates a 50 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India and Europe. Aemetis is developing the Carbon Zero sustainable aviation fuel (SAF) and renewable diesel fuel biorefineries in California to utilize distillers corn oil and other renewable oils to produce low carbon intensity renewable jet and diesel fuel using cellulosic hydrogen from waste orchard and forest wood, while pre-extracting cellulosic sugars from the waste wood to be processed into high value cellulosic ethanol at the Keyes plant. Aemetis holds a portfolio of patents and exclusive technology licenses to produce renewable fuels and biochemicals. For additional information about Aemetis, please visit www.aemetis.com.
Media Relations
415.973.5930
ORLANDO, Fla.--(BUSINESS WIRE)--#energy--The National Hispanic Energy Policy Council launched on Friday to advocate for affordable, reliable energy and highlight the outsized energy burden faced by Hispanic families in the U.S., The Florida State Hispanic Chamber of Commerce (FSHCC) announced on Friday.
FSHCC will house the council and work in coordination with Houston-based Consumer Energy Alliance (CEA), the leading energy and environmental advocate for families and small businesses, to build a bipartisan coalition of leaders of Hispanic groups from across the country. FSHCC CEO and President Julio Fuentes will chair the council, while CEA Southwest Director Matthew Gonzales will serve as vice chair from New Mexico.
“The rampant inflation and record gasoline prices all Americans are facing right now is bad enough, but Hispanic families bear a 20% higher energy cost burden than the median U.S. family,” Fuentes said. “Transportation costs are soaring with no end in sight, and this especially hurts many Hispanic entrepreneurs, workers and small businesses across the country.”
“There has never been a more important time than now to unify the strength of America’s diverse Hispanic populations into a single voice that highlights our perspectives on something all Americans need: affordable and accessible energy,” Fuentes said. “The council will also ensure policy makers hear our voice when it comes to bad ideas, such as disadvantaging American energy production while courting dictators like Venezuela’s corrupt and illegitimate president to sell oil.”
“We are pleased to serve the council as part of our continuous advocacy for policies that increase energy affordability and reliability for all American families and small businesses,” Gonzales said. “CEA looks forward to working with the council to help educate elected leaders, policy makers and the Hispanic public on what good energy policy choices look like, in an era when America’s energy policy is clearly broken.”
New members of the council will be announced in the coming days and weeks.
About the Florida State Hispanic Chamber of Commerce
The Florida State Hispanic Chamber of Commerce was founded in 2000 in response to the tremendous growth of Florida’s Hispanic population. It’s partnered with nearly 40 local Hispanic chambers and business associations in the State of Florida. Today, FSHCC is Florida’s only statewide economic development organization dedicated toward Hispanic business owners and is ranked by the US Hispanic Chamber of Commerce and MBE Connect Magazine as one of the top five Hispanic chambers in the country. Visit www.FSHCC.com.
About Consumer Energy Alliance
Consumer Energy Alliance (CEA) is the leading voice for sensible energy and environmental policies for consumers, bringing together families, farmers, small businesses, distributors, producers, and manufacturers to support America’s environmentally sustainable energy future. With more than 550,000 members nationwide, we are committed to leading the nation’s dialogue around energy, its critical role in the economy, and how it supports the vital supply chains for the families and businesses that depend on them. CEA works daily to encourage communities across the nation to seek sensible, realistic, and environmentally responsible solutions to meet our nation’s energy needs.
Bryson Hull, on behalf of the Florida State Hispanic Chamber of Commerce and Consumer Energy Alliance
(202) 657-2855
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The Columbia Solar, Ridge View Solar and Rich Road Solar Projects are among 22 large-scale solar projects, including six with energy storage, across upstate New York to receive an award.
SAN DIEGO--(BUSINESS WIRE)--EDF Renewables North America today announced three solar projects were awarded long-term contracts by New York State Energy Research and Development Authority (NYSERDA) as part of the 2021 solicitation for large-scale renewable energy certificates. Combined, 1 gigawatt (GW) of solar + storage projects will deliver clean energy for the state.
The projects as follows represent nearly 40% of the total 2,408 MW awarded, and expect to deliver clean electricity by the end of 2025:
Stephane Desdunes, Senior Director Development, Northeast Region for EDF Renewables, said, “The team has worked diligently to progress the development of our New York solar portfolio since 2017. We are proud of the fact we have been awarded 1,313 MW of the 2020 and 2021 procurements and 1,483 MW in total since 2018. With more than 1,000 MW of solar and storage projects still in the development pipeline, EDF Renewables looks forward to working side by side with NYSERDA and New York State to achieve the 70% by 2030 goal and deliver clean energy to the residents of New York.”
Desdunes continued, “The region will benefit from procurement and employment opportunities throughout the development, construction and operational phases. Combined the projects will create approximately 1,290 prevailing wage and union construction jobs in upstate New York during peak construction and contribute millions of dollars to the Counties, Towns and School Districts during the operational life of the projects.”
Doreen M. Harris, President and CEO, NYSERDA, said, “Advancing large-scale solar projects like these newly awarded projects are helping to build out New York’s already massive renewable energy pipeline and are central to the State’s ability to create a zero-emission electricity grid. NYSERDA will work closely with EDF Renewables to ensure the communities hosting these projects are engaged throughout the development process and the responsible siting of them will not only help protect our valuable agricultural lands, but benefit the state and local economies alike.”
EDF Renewables’ community engagement plans for the Columbia, Rich Road and Ridge View Solar Projects include annual scholarships for students in the project area school districts with interest in the trades or clean energy, and an annual Sharing the Sun Fund for local community organizations during the construction phase whereby local review committees will select the awardees. Starting in 2024, EDF Renewables will also sponsor an innovative online training course for the solar workforce and a hands-on workshop in partnership with SUNY College of Environmental Science and Forestry in our efforts to bolster the local labor pipeline.
The expected electricity generated at full capacity is enough to meet the consumption of over 243,000 average New York homes1. This is equivalent to avoiding over 880,000 million metric tons of carbon (CO₂) emissions annually which represents the greenhouse gas emissions from over 190,000 passenger vehicles driven over the course of one year1.
EDF Renewables is one of the largest renewable energy developers in North America with 24 gigawatts of wind, solar, and storage projects developed throughout the U.S., Canada, and Mexico. Solar development accounts for 70% of EDF Renewables’ 15 GW pipeline. EDF Renewables has installed 80 MW of Wind Power and 187 MW of Solar Power to date in the State of New York.
NYSERDA awarded EDF Renewables 3 projects totaling 303 MWac and 10 MW of storage in the 2020 Renewable Energy Standard Solicitation and 170 MWac in the 2018 Renewable Energy Standard Solicitation.
1 According to NYSERDA Energy & Environmental Analysis Program.
EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distributed solutions: solar and storage; and asset optimization: technical, operational, and commercial expertise to maximize performance of generating projects. The Company’s PowerFlex subsidiary offers a full suite of onsite energy solutions for commercial and industrial customers: solar, storage, EV charging, energy management systems, and microgrids. EDF Renewables’ North American portfolio consists of 24 GW of developed projects and 13 GW under service contracts. EDF Renewables North America is a subsidiary of EDF Renouvelables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com. Connect with us on LinkedIn, Facebook and Twitter.
Sandi Briner, +1 858-521-3525
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HOUSTON--(BUSINESS WIRE)--Consolidated Asset Management Services (CAMS), an industry leading asset management and operations and maintenance (O&M) services provider, announced today that it was awarded an O&M contract to support Hallador Energy Company (Hallador) and its Merom Generating Station (Merom), a 1,000 MW coal-fired power generating station in Indiana.
Located in Sullivan County, IN., Merom employs a workforce of approximately 220 and can power up to 200,000 homes at full capacity. As the O&M provider, CAMS is committed to providing safe, reliable, and efficient generation of electricity 24/7.
“We are excited to partner with Hallador Energy in providing reliable baseload power to the MISO region,” said Greg Bobrow, CAMS Chief Operating Officer. “We welcome the Merom employees to the CAMS family and look forward to their continued contributions and service.”
Earlier this year, Hallador Energy announced that its new wholly owned subsidiary, Hallador Power Company, LLC, would acquire Hoosier Energy’s Merom pant. Per the agreement, Hoosier will purchase 100% of the plant’s energy and capacity through May 2023, reducing purchases to 22% of energy output and 32% of its capacity beginning in June 2023 and through 2025. Throughout the Merom acquisition, CAMS has supported Hallador’s commercial team, providing due diligence and O&M transition services.
Heath Lovell, President of Hallador Power Company, LLC, highlighted CAMS O&M experience and said, “As we continue to see the importance of baseload and dispatchable power to mitigate the risks of both blackouts and high energy prices, Hallador Power is proud to partner with CAMS, who has the knowledge and expertise to assure that Merom is operating at its highest level.”
About CAMS
CAMS is a privately held company providing Operations and Maintenance (O&M), Asset Management, Environmental, Social, and Governance (ESG), and Optimization services for energy and infrastructure assets. We add value through superior management and operation of our clients’ assets located throughout the U.S. and internationally. To this end, we empower our employees to pursue creative and sustainable business practices in the field and at our corporate office that contribute to operational excellence, financial performance, a safe workplace, and a better community and environment. For more information, visit www.camstex.com.
About Hallador
Hallador Energy Company has been leading exploration in energy sourcing since 1951. The name Hallador is Spanish for “one who leads the way;” this has been the company mantra for strategic positioning for long-term opportunities. Beginning with roots in oil and gas exploration, then evolving to concentrate on coal development and transportation delivery, to today where we add renewables to the mix. Our customers, large-scale utilities, seek to decarbonize by evaluating the make-up of their generation. Our renewable energy generation can help them provide the grid stability they need and the shift to renewables they want. Our commitment to our employees, customers, and shareholders remains strong with this ever-evolving flexibility. For more information, please visit www.halladorenergy.com
Corporate Communications
Melissa Kinsella
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TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) ("Odyssey Marine Exploration" or "Company"), a global subsea mineral exploration and development company, today announced the closing of its previously announced registered direct offering with certain institutional investors, pursuant to which the Company sold approximately $16.5 million worth of its common stock and warrants.
Under the terms of the subscription agreements, the Company sold approximately 4.9 million units (“Units”). Each Unit consists of one share of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), and one warrant to purchase one share of Common Stock (the “Warrant”). The Warrants will be exercisable at any time beginning six months after the date of issuance and ending on the fifth anniversary of issuance. The Warrants have an exercise price of $3.35 per share. The purchase price for each Unit was $3.35.
The gross proceeds to the Company from the registered direct offering are estimated to be approximately $16.5 million, before deducting the placement agent’s fees and other estimated offering expenses.
The Company intends to use the net proceeds from the offering for debt reduction and general corporate purposes.
EF Hutton, division of Benchmark Investments, LLC, acted as exclusive placement agent for the offering.
The securities described above were offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-261592) filed with the Securities and Exchange Commission (“SEC”) and declared effective by the SEC on December 23, 2021, and the accompanying prospectus contained therein.
The offering was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. The final prospectus supplement and accompanying base prospectus relating to the securities being offered in the registered direct offering were filed with the SEC on June 10, 2022.
Copies of the prospectus supplement and the accompanying prospectus relating to the offering may be obtained on the SEC’s website at http://www.sec.gov or by contacting EF Hutton, division of Benchmark Investments, LLC Attention: Syndicate Department, 590 Madison Avenue, 39th Floor, New York, NY 10022, by email at This email address is being protected from spambots. You need JavaScript enabled to view it., or by telephone at (212) 404-7002.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Odyssey Marine Exploration
Odyssey Marine Exploration, Inc. (Nasdaq: OMEX) is a deep-ocean exploration pioneer engaged in the discovery, validation and development of high-value seafloor resources in a socially and environmentally responsible manner. Odyssey’s growing project portfolio includes different mineral sets in various jurisdictions around the world. Odyssey also provides marine services for private clients and governments. For additional details, please visit www.odysseymarine.com.
Forward-Looking Statements
Odyssey Marine Exploration believes the information set forth in this Press Release may include "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2021, which was filed with the Securities and Exchange Commission on March 31, 2022. The financial and operating projections as well as estimates of mining assets are based solely on the assumptions developed by Odyssey that it believes are reasonable based upon information available to Odyssey as of the date of this release. All projections and estimates are subject to material uncertainties and should not be viewed as a prediction or an assurance of actual future performance. The validity and accuracy of Odyssey's projections will depend upon unpredictable future events, many of which are beyond Odyssey's control and, accordingly, no assurance can be given that Odyssey's assumptions will prove true or that its projected results will be achieved.
Laura Barton
Odyssey Marine Exploration, Inc.
(813) 876-1776 x 2562
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Over 13,000 workers supported maintenance projects during spring refueling outages to keep power supplied 24/7 during hot summer months and beyond
WARRENVILLE, Ill.--(BUSINESS WIRE)--Over 13,000 workers performed technology upgrades and equipment maintenance during six refueling outages at Constellation nuclear plants this spring, investments that will prepare the plants for the hot summer months ahead. The cutting-edge upgrades and preventive maintenance will ensure Constellation’s nuclear fleet, which serves 15 million American homes and businesses, will have access to safe, affordable, carbon-free electricity this summer to help combat any periods of high heat or humidity.
During the refueling outages, workers replaced or refurbished dozens of pumps and motors, performed quality assurance inspections on reactor and fuel components, and completed tens of thousands of other technical tasks to ensure the power plants provide uninterrupted carbon-free electricity for up to 24 straight months.
“Constellation is helping accelerate this country’s transition to a carbon-free future and it begins with our zero emissions nuclear fleet running nonstop through the summer,” said Joe Dominguez, CEO of Constellation. “We met our commitment to operational excellence last winter by keeping our plants running throughout the cold months despite challenging weather conditions. Our investments in the plants this spring will help us maintain that level of performance during the upcoming summer months, as the climate crisis continues to produce extremely hot weather.”
This summer, nuclear reliability could be especially helpful in moderating electricity prices for Illinois customers. Constellation’s 24/7 carbon-free baseload nuclear power displaces generation from fossil-fuel plants that may experience further spikes in gas and oil costs. This is in addition to the $1 billion credit Constellation’s nuclear plants are projected to deliver for northern Illinois ratepayers as a result of the Climate & Equitable Jobs Act passed last year.
The refueling outages would not be possible without support from thousands of skilled electricians, pipefitters, welders, carpenters, laborers, steamfitters and other trades people on site performing thousands of inspections, tests and maintenance activities that cannot be done while the unit is online. Along with replacing about one-third of the fuel in each reactor, workers completed other major projects during the nuclear outages this spring, including:
“We carefully schedule these important upgrades, maintenance activities and technical inspections during periods of lower power demand to ensure our carbon-free nuclear units remain online 24/7 through the blistering summer months ahead,” said Tim Hanley, chief operating officer at Constellation.
About Constellation
Constellation is the nation’s largest producer of carbon-free energy and the leading competitive retail supplier of power and energy products and services for homes and businesses across the United States. Headquartered in Baltimore, its generation fleet powers more than 20 million homes and businesses and is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is 90 percent carbon-free. Constellation has set a goal to eliminate 100 percent of its greenhouse gas emissions by leveraging innovative technology and enhancing its diverse mix of hydro, wind and solar resources paired with the nation’s largest carbon-free nuclear fleet. Constellation’s family of retail businesses serves approximately 2 million residential, public sector and business customers, including three-fourths of the Fortune 100. Learn more at www.constellation.com or on Twitter at @ConstellationEG.
Brett Nauman
Constellation Communications
309-433-6894
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METAIRIE, La.--(BUSINESS WIRE)--Biloxi Marsh Lands Corporation has posted its unaudited results for the first quarter of 2022 on the Company’s website www.biloximarshlandscorp.com.
The Company recommends that investors and all interested parties visit its website www.biloximarshlandscorp.com to view historical press releases, historical financial statements, and other relevant information. All inquiries should be made through the Contact Mailbox on the Company’s website: http://www.biloximarshlandscorp.com/contact/.
Biloxi Marsh Lands Corporation
Eric Zollinger: 504-837-4337
DUBLIN--(BUSINESS WIRE)--The "Global Cladding Service Market, By Type, Application & By Region - Forecast and Analysis 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global cladding (metalworking) service market was valued at USD 41.98 Billion in 2021, and it is expected to reach a value of USD 55.93 Billion by 2027, at a CAGR of more than 4.67% over the forecast period (2022 - 2027).
The growth of this market is attributed to the increasing number of deep-water and ultra-deep-water fields and the growing drilling operations are expected to drive the demand for the cladding metalworking service market.
The oil and gas industry is expected to drive cladding service demand in the coming years. Oil & Gas companies work in a complex environment, where they face constant challenges, especially with respect to corrosion.
According to a recent study, the total annual cost of corrosion in the oil and gas production industry is estimated to be $1.37 billion. It is estimated that these costs and environmental risks could rise further in the years ahead, as new hydrocarbon sources are found in more challenging environments - deeper reservoirs with higher temperatures and pressures and containing greater concentrations of acid gases.
In the cladding process, the backing steel for clad plate in sour service does not need to be resistant to hydrogen-induced (stepwise) cracking since the alloy layer (clad layer) prevents corrosion (and therefore hydrogen generation) at the inner surface of the vessel or pipe.
Occasionally concern is expressed about the risk of hydrogen disbonding between the cladding and the backing steel. In the context of oil and gas production, this is unlikely to occur since there is no hydrogen produced at the inner surface. The alloy layer should be selected to be fully corrosion resistant in the expected environment so that there is no corrosion and therefore no hydrogen is generated internally.
The outer surface, if buried or submerged, would normally be cathodically protected. If protected at the correct potential, some hydrogen will be generated externally.
The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period. data.
In the competitive landscape, the report studies the growth strategies adopted by the companies. Players in this market adopted various strategies to expand their global footprint and augment their market share.
The key strategies followed by most companies in the global cladding (metalworking) service markets were agreements and collaborations, mergers and acquisitions, and expansion.
Aspects covered in this report
Key players discussed in this report
For more information about this report visit https://www.researchandmarkets.com/r/hy5kiv
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Platform integration enables UK solar installers to create the most accurate solar designs and proposals available, with intelligent equipment matching, stock availability and ordering
LONDON--(BUSINESS WIRE)--OpenSolar Inc, a software company focused on empowering solar installers with the world’s most accurate and entirely free solar design and sales platform, and Segen, the UK’s leading distributor of solar, energy storage and electric vehicle charging, today announced a first-of-its-kind platform integration partnership that offers UK solar installers unrivaled solar design, sales and equipment ordering software.
The integration between OpenSolar and Segen creates a totally seamless experience between designing and selling a system to a customer, and ordering the exact equipment required within seconds of the sale. Available now, UK solar professionals can benefit from intelligent suggestions of optimal inverters and battery sizes based on the design being created, plus an automatically calculated bill of materials containing the exact solar, racking, storage and other components needed for the sold system. The integration will even provide a real-time view of equipment availability and delivery dates.
“Our whole goal with our partners at Segen is to create an incredibly seamless and easy design, sales and equipment ordering process for British solar professionals,” said Andrew Birch, Co-Founder of OpenSolar. “Profitable growth for a solar installer is about time saved, competitive equipment pricing and speed to install. This integration takes multiple steps out of the process for the installer to help make that a reality.”
“Segen’s Quick Quote software provides 24/7 live pricing and real-time product availability, so it’s fantastic to connect it so seamlessly with OpenSolar,” said Liz MacFarlane, Managing Director of Segen. “From intelligent design to proposal, from sale to equipment ordering and finally to install, this takes UK installer speed and efficiency to the next level.”
Starting 9 June, UK solar professionals can go to www.opensolar.com/segen to learn more about this new capability, connect their accounts and drastically simplify their workflow from design to installation.
This latest innovation from OpenSolar and Segen follows significant achievements by both companies. In November 2021, OpenSolar announced the findings of independent, third-party assessments that validated the unmatched accuracy of its solar design tool. In March 2022, Segen announced the launch of their new Back to Basics training series to further support new market entrants and existing professionals looking to add renewable technology to their offerings at a time when demand for renewables in the UK is skyrocketing.
About OpenSolar
OpenSolar launched in 2019 with a mission to scale solar globally by providing installers with innovative software technology and an equally innovative business offering – the world’s first entirely free-to-use design and sales platform. Solar installers can use OpenSolar’s end-to-end platform to manage and grow their businesses all in one place with class-leading solar design accuracy, interactive custom proposals, and a portfolio of fully integrated financing options, products, and services. OpenSolar is based in Sydney, Australia, with remote offices in the U.S., Europe and the UK. For more information, visit www.opensolar.com.
About Segen
Segen is a leading global wholesale distributor of solar PV (photovoltaic), energy storage systems, electric vehicle charging and other associated components. The company has been growing rapidly since being founded in the UK in 2005. Since 2005, Segen has grown from its UK base to a globally-recognised brand with a focus on delivering an unrivaled product portfolio at fair prices.
OpenSolar
Andy Rose
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Segen
Hollie Carek
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DUBLIN--(BUSINESS WIRE)--The "Global Air-to-Air Refueling Market (2021-2026) by Component, System, Aircraft Type, Type, End-User and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Air-to-Air Refueling Market is estimated to be USD 2.9 Bn in 2021 and is expected to reach USD 3.63 Bn by 2026, growing at a CAGR of 4.6%.
Aerial refueling is mainly defined as the process of sending aviation fuel from one aircraft to another when both are in their flight modes. Flying boom and progue-and-drogue are two main methodologies that are used to carry out the aerial refueling processes. The former process is substantially faster than the other but needs a specific type of boom operator station setup.
Factors like increasing demand for air-to-air refueling systems to support overseas deployments, increased defense expenditure of countries, development of advanced aerial tankers and increase in combat aircraft procurement are some of the drivers for the market.
Whereas possible refueling of only one aircraft at a time through boom mechanism and refueling aircraft in rough weather or bad visibility are major restraints for the market.
The autonomous refueling methodology of aircraft mid-air is an opportunity for the growth of the market. Though, high installation and maintenance cost act as a challenge for the market.
Market Influencers
Drivers
Restraints
Opportunities
Challenges
Market Segmentation
Recent Developments
Company Profiles
Some of the companies covered in this report are
For more information about this report visit https://www.researchandmarkets.com/r/468irl
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Offshore Wind Market Research Report by Component (Electrical Infrastructure, Substructure, and Turbine), Location, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Offshore Wind Market size was estimated at USD 34.85 billion in 2021, USD 38.18 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.72% to reach USD 60.84 billion by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Offshore Wind Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Offshore Wind Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Offshore Wind Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Offshore Wind Market?
4. What is the competitive strategic window for opportunities in the Global Offshore Wind Market?
5. What are the technology trends and regulatory frameworks in the Global Offshore Wind Market?
6. What is the market share of the leading vendors in the Global Offshore Wind Market?
7. What modes and strategic moves are considered suitable for entering the Global Offshore Wind Market?
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
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Company to install high-capacity factor clean energy recovery equipment in its potable water system generating up to 125 kilowatts of clean energy
SAN DIEGO--(BUSINESS WIRE)--Today, California American Water announced the Highland Tank Conduit-Hydro Clean Energy Project, a clean energy recovery infrastructure project with Rentricity Inc., the innovative in-conduit hydropower clean energy company located in New York City.
The Highland Tank Project, sponsored by the California Public Utilities Commission, is a unique, high-capacity clean energy project aimed at modernizing pressure regulation infrastructure. When complete the system will generate between 75 and 125 kilowatts of clean energy at different periods of the day.
California American Water’s Highland Tank, located in San Diego, will be retrofitted with two different sized NSF 61/372 low lead turbines, and is certified for safe-drinking water, to maximize annual power generation over the diurnal and seasonal cycles. Rentricity Flow-to-Wire™ systems' capture excess pressure and flow within gravity-fed water distribution pipelines, converting it into clean energy for the electric grid or to be used on the customer's site.
The existing 24-inch transmission line and 24-inch distribution line will be utilized as originally built and currently used for the distribution of potable water for residential and commercial consumption.
"We are excited to work with Rentricity to complete this important infrastructure project to determine how California American Water might leverage this technology in the future to reduce our carbon footprint and reduce costs to customers," said Kevin Tilden, President of California American Water. "With in-conduit hydropower we have another option to reduce our carbon footprint and energy costs. ESG is core to our business and integral to our success. California American Water is dedicated to finding effective new technologies that increase efficiencies in our systems.”
California American Water will seek to provide this unique, high-capacity clean energy to one of the Community Choice Aggregators operating in the San Diego Gas & Electric region. In-conduit hydropower is gaining interest in the clean energy sector as a novel and unique form of clean energy that can support and balance the emergence of micro-grids, especially in southern California. Approximately four percent of total U.S. energy use is consumed by water and wastewater systems, equivalent to 187.4 million megawatt hours of energy per year and is estimated to cost as much as $4 billion annually. Innovative technologies, such as Rentricity’s, afford water operators around the country an opportunity to help address a national problem by reducing their costs and improve their infrastructure.
Rentricity’s applications for in-conduit hydropower solutions are numerous, making it a new energy savings option for new pipeline projects and infrastructure upgrades. "As our population and industry grows in the United States, more water will be piped to people, farm fields and industrial processors," says Frank Zammataro, Rentricity's CEO and Co-founder. "We need to embrace in-conduit hydropower as a consistent and predictable form of clean energy that can be harnessed to support emerging microgrids adopting solar, wind and thermal resources," he added. Rentricity is the sole source provider for safe drinking water NSF certified pumps-as-turbines for energy recovery applications in water infrastructure. The NSF 61 & 372 safe drinking water certified equipment is currently required in 48 states.
About California American Water: California American Water, a subsidiary of American Water (NYSE: AWK), provides high-quality and reliable water and wastewater services to more than 725,000 people. Information regarding California American Water’s service areas can be found on the company’s website www.californiaamwater.com.
About American Water: With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 14 million people in 24 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and diversityataw.com. Follow American Water on Twitter, Facebook and LinkedIn
About Rentricity Inc.: Rentricity Inc. (www.rentricity.com) is the nation’s leader in producing clean, renewable energy from in-conduit hydropower applications in drinking water distribution systems, irrigation and industrial water systems. The Company is based at 160 Varick Street, New York, NY 10013
Media
Brian A. Barreto
External Affairs, Southern California
Phone: 626-388-7484
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Frank Zammataro
CEO & Co-founder
Rentricity Inc.
Phone: (732) 319-4501
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NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery ("FREYR" or the "Company"), a developer of clean, next-generation battery cell production capacity, has announced that German Curá, a member of the board of directors of the Company (the "Board") and the chairperson of the Nominating and Corporate Governance Committee, has informed the Company today that he will be tendering his resignation as a director of the Company on June 16, 2022, which is expected to be effective not later than August 1, 2022. Mr. Curá will be resigning for personal reasons and did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices.
The Company's Chairman, Mr. Torstein Dale Sjøtveit, said, "On behalf of the Board, I would like to thank German for the invaluable advice and experience he has brought to FREYR in the last year and wish him every success for the future."
About FREYR Battery
FREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions. Listed on the New York Stock Exchange, FREYR's mission is to produce green battery cells to accelerate the decarbonization of energy and transportation systems globally. FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in Vaasa, Finland and the United States. FREYR intends to deliver up to 43 GWh of battery cell capacity by 2025 and up to 83 GWh annual capacity by 2028. To learn more about FREYR, please visit www.freyrbattery.com
Investor contact:
Jeffrey Spittel
Vice President, Investor Relations
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Tel: (+1) 281-222-0161
Media contact:
Katrin Berntsen
Vice President, Communication and Public Affairs
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Tel: (+47) 9920 54 570
ATLANTA--(BUSINESS WIRE)--#ChangeInPower--Mitsubishi Power and Georgia Power, alongside the Electric Power Research Institute (EPRI), this month successfully validated fuel blending of hydrogen and natural gas at both partial and full load on an M501G natural gas turbine at Georgia Power’s Plant McDonough-Atkinson in Smyrna, Georgia. The demonstration project was the first to validate 20%* hydrogen fuel blending on an advanced class gas turbine in North America, and the largest test of this kind to date, with the 20% blend providing an approximately 7% reduction in carbon emissions compared to natural gas.
Georgia Power, the largest electric subsidiary of Southern Company, collaborated with Mitsubishi Power for the landmark testing as part of a continued commitment to new research and development (R&D) to build the energy grid of the future and to reduce carbon emissions across its generation fleet, with Georgia Power having already reduced its carbon emissions by more than 60% since 2007.
The Plant McDonough-Atkinson facility, located less than 10 miles from downtown Atlanta, has served electric customers for more than 80 years and was fully converted to natural gas in 2012 and expanded to power up to 1.7 million homes. It currently operates six state-of-the-art, large-capacity M501G series gas turbines, which deliver high performance and high efficiency, as well as three steam turbines running in three blocks of 2-on-1 combined-cycle configuration.
Mitsubishi Power completed the hydrogen blending on one M501G gas turbine unit with an approximate output of 265 MW by utilizing some results of a project commissioned by the New Energy and Industrial Technology Development Organization (NEDO), Japan’s national research and development agency. Dry low NOx (DLN) hydrogen blending was successful at up to 20% at the designed 100% natural gas firing temperature, within emissions compliance for the existing air permit, and without impact on the maintenance intervals. The team also confirmed improved turndown by testing up to 20% hydrogen at minimum emissions-compliant load.
Mitsubishi Power provided full turnkey service for this project including engineering, planning, hydrogen blending hardware, controls, commissioning and risk management. Mitsubishi Power partnered with Certarus to source and manage the hydrogen supply. This project builds upon Mitsubishi Power’s hydrogen combustion experience and ongoing hydrogen combustion development for 100% hydrogen DLN combustion at the company’s facility at Takasago Works in Hyogo Prefecture, Japan. This site encompasses the development, design and manufacture of gas turbines, as well as demonstration and verification. The company recently announced it will establish a Takasago Hydrogen Park, which started construction in quarter one of 2022. It will be the world’s first center for validation of hydrogen-related technologies. With this comprehensive capability, the company is working toward commercializing highly reliable, carbon-free power generation technologies and products, including tests and collaboration with partners around the world on a path to 100% hydrogen firing for small- and large-frame gas turbines in the future.
“This monumental hydrogen demonstration project at Plant McDonough-Atkinson is another example of how, at Georgia Power and Southern Company, we are building the future of energy, today. This demonstration helps pave the way for long-term clean and carbon-free use for already existing infrastructure. Making these smart investments today on behalf of our customers ensures we can continue to provide clean, safe, reliable and affordable energy as Georgia grows and thrives for decades to come,” said Allen Reaves, Senior Vice President and Senior Production Officer, Georgia Power. “This kind of research and development not only delivers long-term value for our customers, but also helps drive the entire energy industry forward toward a cleaner, carbon-free future. We’re proud to be playing an important role in that and excited about what we’ve been able to accomplish with our partner, Mitsubishi Power Americas.”
Mark Bissonnette, Executive Vice President and Chief Operating Officer, Power Generation, Mitsubishi Power Americas, said, “Mitsubishi Power is dedicated to our mission of providing power generation and storage solutions to our customers, empowering them to affordably and reliably combat climate change and advance human prosperity. The hydrogen blending demonstration project at Plant McDonough-Atkinson brings us closer to reaching net-zero goals across the industry. Together with our customers and partners, we are creating a Change in Power.”
Southern Company’s industry-leading R&D organization served as technical consultant on the project. The team is engaged domestically and internationally in research focused on low-carbon hydrogen power generation, production, delivery, transportation, infrastructure and energy storage. Southern Company leads demonstrations with the U.S. Department of Energy covering the full value chain of a hydrogen economy and believes there is a compelling opportunity for hydrogen technology to deliver a sustainable energy future.
The Electric Power Research Institute (EPRI), an independent, non-profit energy research and development organization, supported the development of the project. EPRI researchers were on-site during the testing, and the organization will publish a detailed report on the testing and results later this summer. EPRI delivers thought leadership and technical expertise through projects such as this one, as well as programs such as the Low-Carbon Resources Initiative.
Neva Espinoza, EPRI Vice President of Energy Supply and Low-Carbon Resources, said, "Accelerating low-carbon technology development is essential to achieve net-zero targets by mid-century. This successful hydrogen demonstration test reinforces the significant, game-changing role that this and other low-carbon technologies can play to help reach economy-wide decarbonization. EPRI’s future-focused collaboration with Georgia Power and Mitsubishi Power Americas is helping bring net-zero goals within reach.”
Note
* The ratio of hydrogen content indicates volume ratio.
About Mitsubishi Power Americas, Inc.
Mitsubishi Power Americas, Inc. (Mitsubishi Power) headquartered in Lake Mary, Florida, employs more than 2,300 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North, Central, and South America. Mitsubishi Power’s power generation solutions include gas, steam, and aero-derivative turbines; power trains and power islands; geothermal systems; PV solar project development; environmental controls; and services. Energy storage solutions include green hydrogen, battery energy storage systems, and services. Mitsubishi Power also offers intelligent solutions that use artificial intelligence to enable autonomous operation of power plants. Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace, and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.
About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.7 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/Georgia Power), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).
About Southern Company
Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Forbes and the Women's Choice Award. To learn more, visit www.southerncompany.com.
About EPRI
Founded in 1972, EPRI is the world's preeminent independent, non-profit energy research and development organization, with offices around the world. EPRI's trusted experts collaborate with more than 450 companies in 45 countries, driving innovation to ensure the public has clean, safe, reliable, affordable, and equitable access to electricity across the globe. Together, we are shaping the future of energy.
Communications Contact
Christa Reichhardt
Mitsubishi Power Americas
+1 407-484-5599
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Georgia Power
+1 404-506-7676
Southern Company
+1 866-506-5333
EPRI
+1 202-293-7517
DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its Board of Directors amended the Company’s dividend policy pursuant to which the Company intends to pay quarterly cash dividends on its common stock of $0.10 per share, which is an increase from its prior policy of $0.05 per share initiated in October 2021. The Company anticipates that the Board will implement such amended policy in connection with the declaration of its next quarterly dividend, which is expected during the third quarter of 2022.
Joseph Wm. Foran, Matador’s Founder, Chairman and Chief Executive Officer, stated, “We are pleased to announce the Board’s adoption of a new dividend policy to double our quarterly dividend again. This change in our dividend policy is a reflection of our growing financial and operational strength and our increasing resolve to reduce debt and to return value to our shareholders. We are pleased to have this opportunity to return value to shareholders while we remain committed to profitable growth of our business at a measured pace. We look forward to providing an update soon on our operations and 2022 outlook during our Annual Meeting of Shareholders later today and are truly grateful for the support and friendship of our shareholders and our continued good performance in the market.”
About Matador Resources Company
Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations, primarily through its midstream joint venture, San Mateo, in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.
For more information, visit Matador Resources Company at www.matadorresources.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. “Forward-looking statements” are statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “could,” “believe,” “would,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “should,” “continue,” “plan,” “predict,” “potential,” “project,” “hypothetical,” “forecasted” and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements include, but are not limited to, statements about guidance, projected or forecasted financial and operating results, future liquidity, the payment of dividends, results in certain basins, objectives, project timing, expectations and intentions, regulatory and governmental actions and other statements that are not historical facts. Actual results and future events could differ materially from those anticipated in such statements, and such forward-looking statements may not prove to be accurate. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, the following risks related to financial and operational performance: general economic conditions; the Company’s ability to execute its business plan, including whether its drilling program is successful; changes in oil, natural gas and natural gas liquids prices and the demand for oil, natural gas and natural gas liquids; its ability to replace reserves and efficiently develop current reserves; costs of operations; delays and other difficulties related to producing oil, natural gas and natural gas liquids; delays and other difficulties related to regulatory and governmental approvals and restrictions; impact on the Company’s operations due to seismic events; availability of sufficient capital to execute its business plan, available borrowing capacity under its revolving credit facilities and otherwise; its ability to make acquisitions on economically acceptable terms; its ability to integrate acquisitions; weather and environmental conditions; the impact of the worldwide spread of the novel coronavirus, or COVID-19, on oil and natural gas demand, oil and natural gas prices and its business; the operating results of the Company’s midstream joint venture’s oil, natural gas and water gathering and transportation systems, pipelines and facilities, the acquiring of third-party business and the drilling of any additional salt water disposal wells; and the other factors which could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. For further discussions of risks and uncertainties, you should refer to Matador’s filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of Matador’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. Matador undertakes no obligation to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
Mac Schmitz
Vice President – Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
(972) 371-5225
DUBLIN--(BUSINESS WIRE)--The "Offshore Support Vessel Market Research Report by Type (Anchor-handling tug supply vessels, Chase vessels, and Crew vessels), Applications, End-Use, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Offshore Support Vessel Market size was estimated at USD 22.27 billion in 2021, USD 23.66 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.40% to reach USD 32.33 billion by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Offshore Support Vessel Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Offshore Support Vessel Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Offshore Support Vessel Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Offshore Support Vessel Market?
4. What is the competitive strategic window for opportunities in the Global Offshore Support Vessel Market?
5. What are the technology trends and regulatory frameworks in the Global Offshore Support Vessel Market?
6. What is the market share of the leading vendors in the Global Offshore Support Vessel Market?
7. What modes and strategic moves are considered suitable for entering the Global Offshore Support Vessel Market?
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/cp4vj1
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Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Global Advanced Biofuel Market - Analysis By Types (Advanced Diesel, Advanced Gasoline, Biodiesel, Biocrude, Others), Applications, Technology, Raw Materials, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Advanced Biofuel Market was valued at USD41.23 Billion in the year 2021
With the increased disposable income in highly populated countries such as the United States, Canada, Indonesia, United Kingdom, the adoption of advanced biofuel in transportation is high. The advancements in Advanced Biofuel and its increased usage drive the Advanced Biofuel market.
Furthermore, the increasing penetration of Advanced Biofuel in energy generation, and transportation and increasing demand for advanced diesel and biodiesel will further propel the market in the coming years. Factors such as the higher concentration of OEMs and ODMs across industries, including types and raw materials in the Americas region will significantly drive Advanced Biofuel market growth in subsequent years.
The transportation sector of advanced biofuel in the Market witnessed growth at a noteworthy rate over the past few years and expected in the forecast period due to the imperative role being played because of the factors such as the higher concentration of Advanced Biofuel manufacturing companies and increasing production of public transport. During 2022-2027, Advanced Biofuel Market is anticipated to grow at an increased rate on the back of intensifying government regulations in various parts of the world.
The advanced diesel in the advanced biofuel market is expected to grow at a robust rate and gain a fair amount of market share in the Advanced Biofuel Market than the other types of biofuel in the market. Moreover, increasing demand for efficient and more affordable advanced biofuel among customers all over the world has been anticipated to propel thrust in the demand for Advanced Biofuel in the future.
The lignocellulose biomass-based advanced biofuel is on a high trend as they can be obtained easily and do not require much care also they are a very efficient type of raw material which are used to produce advanced biofuel.
The report tracks competitive developments, strategies, mergers and acquisitions, and new type development. The companies analyzed in the report include: Blue Marble Energy, DuPont Danisco, Targray, Gevo, Bangchak, Clariant, INEOS, POET-DSM, Sundrop Fuels, Fujian Zhongde Energy Co. Ltd.
Key Topics Covered:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Advanced Biofuel Market: Product Overview
4. Global Advanced Biofuel Market: An Analysis
4.1 Global Advanced Biofuel Market
4.2 Market Size, By Value, Year 2017-2021
4.3 Impact of COVID-19 on Advanced Biofuel Market
5. Global Advanced Biofuel Market: Segment Analysis
5.1 Global Advanced Biofuel Market Segmentation, By Applications (Value)
5.2 Competitive Scenario of Advanced Biofuel Market: By Applications (2021 & 2027)
5.3 By Transportation- Market Size and Forecast (2017-2027)
5.4 By Energy Generation- Market Size and Forecast (2017-2027)
5.5 By Charging Electronics- Market Size and Forecast (2017-2027)
5.6 By Others- Market Size and Forecast (2017-2027)
6. Global Advanced Biofuel Market Segmentation, By Types (Value)
6.1 Competitive Scenario of Global Advanced Biofuel Market: By Types (2021 & 2027)
6.2 By Advanced Diesel- Market Size and Forecast (2017-2027)
6.3 By Advanced Gasoline- Market Size and Forecast (2017-2027)
6.4 By Biodiesel- Market Size and Forecast (2017-2027)
6.5 By Biocrude- Market Size and Forecast (2017-2027)
6.6 By Others- Market Size and Forecast (2017-2027)
7. Global Advanced Biofuel Market Segmentation, By Technology (Value)
7.1 Competitive Scenario of Global Advanced Biofuel Market: By Technology (2021 & 2027)
7.2 By Thermochemical Routes- Market Size and Forecast (2017-2027)
7.3 By Biochemical Routes- Market Size and Forecast (2017-2027)
8. Global Advanced Biofuel Market Segmentation, By Raw Materials (Value)
8.1 Competitive Scenario of Global Advanced Biofuel Market: By Raw Materials (2021 & 2027)
8.2 By Lignocellulose- Market Size and Forecast (2017-2027)
8.3 By Jatropha- Market Size and Forecast (2017-2027)
8.4 By Camelina- Market Size and Forecast (2017-2027)
8.5 By Algae- Market Size and Forecast (2017-2027)
8.6 By Others- Market Size and Forecast (2017-2027)
9. Global Advanced Biofuel Market: Regional Analysis
9.1 Competitive Scenario of Global Advanced Biofuel Market: By Region (2021 & 2027)
10. Americas Advanced Biofuel Market: An Analysis (2017-2027)
10.1 Americas Advanced Biofuel Market
10.2 Americas Advanced Biofuel Market by value: Size and Forecast (2017-2027)
10.3 Americas Advanced Biofuel Market: Prominent Companies
10.4 Market Segmentation By Applications (Transportation, Energy Generation, Charging Electronics, Others)
10.5 Market Segmentation By Types (Advanced Diesel, Advanced Gasoline, Biodiesel, Biocrude, Others)
10.6 Market Segmentation By Technology (Thermochemical Routes, Biochemical Routes)
10.7 Market Segmentation By Raw Materials (Lignocellulose, Jatropha, Camelina, Algae, Others)
10.8 Americas Advanced Biofuel Market: Country Analysis
10.9 Market Opportunity Chart of Americas Advanced Biofuel Market - By Country, By Value (Year-2027)
10.10 Competitive Scenario of Americas Advanced Biofuel Market - By Country (2021 & 2027)
10.11 United States Advanced Biofuel Market
10.12 United States Advanced Biofuel Market- By Value (2017-2027)
10.13 United States Advanced Biofuel Market Segmentation By Applications, By Types, By Technology, By Raw Materials (2017-2027)
10.14 Canada Advanced Biofuel Market
10.15 Canada Advanced Biofuel Market- By Value (2017-2027)
10.16 Canada Advanced Biofuel Market Segmentation By Applications, By Types, By Technology, By Raw Materials (2017-2027)
10.17 Brazil Advanced Biofuel Market
10.18 Brazil Advanced Biofuel Market- By Value (2017-2027)
10.19 Brazil Advanced Biofuel Market Segmentation By Applications, By Types, By Technology, By Raw Materials (2017-2027)
11. Europe Advanced Biofuel Market: An Analysis (2017-2027)
12. Asia Pacific Advanced Biofuel Market: An Analysis (2017-2027)
13. Global Advanced Biofuel Market Dynamics
13.1 Global Advanced Biofuel Market Drivers
13.2 Global Advanced Biofuel Market Restraints
13.3 Global Advanced Biofuel Market Trends
14. Market Attractiveness and Strategic Analysis
14.1 Market Attractiveness Chart of Global Advanced Biofuel Market - By Applications (Year 2027)
14.2 Market Attractiveness Chart of Global Advanced Biofuel Market - By Types (Year 2027)
14.3 Market Attractiveness Chart of Global Advanced Biofuel Market - By Technology (Year 2027)
14.4 Market Attractiveness Chart of Global Advanced Biofuel Market - By Raw Materials (Year 2027)
14.5 Market Attractiveness Chart of Global Advanced Biofuel Market - By Region (Year 2027)
15. Competitive Landscape
15.1 Market Share of Global leading companies
15.2 Porter's Five Force Analysis- Global Advanced Biofuel Market
16. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/y30aue
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SHELTON, Conn.--(BUSINESS WIRE)--#celonis--TranSigma Consulting, an agile business transformation consulting firm, is leveraging Celonis to deliver accelerated value for their clients.
“Through our partnership with Celonis, we have enabled our clients to maximize value realization by facilitating tool adoption supported by process improvement, program management and change acceleration methodologies” President, TranSigma
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USE CASE BACKGROUND
IMPACT & OUTCOMES
“With the support of the Celonis tool we were able to proactively quantify, prioritize, and update any term mismatches in our systems that did not properly reflect current vendor master terms. Moving forward the tool will continue to help me capture any future unnecessary cash leakage in regards to term disconnect and action prior to payment.” Director Global Procurement, Fortune 500 CPG
“We are an organization specializing in helping companies reveal and fix inefficiencies they can’t see, enabling them to perform at unprecedented levels. Celonis provides our firm with the ability to identify further opportunities for our clients to be leaner and more efficient,” said Ryan Metz, TranSigma President. “By leveraging our partnership with Celonis and their industry-leading technology, TranSigma can deliver real-time automation and process visualizations across wide and diverse technology ecosystems to provide an understanding of how organizations truly function. These insights effectively expose the root cause of process deficiencies, enabling rapid optimization and value realization.”
TranSigma has a history of helping companies greatly enhance processes thanks to data-driven insights, process excellence, and change facilitation with clients and partners. Getting to know and understand a business is the best way to identify opportunities and realize value. With this partnership, TranSigma is committing to furthering the promise of process improvement to customers who are ready to incorporate this groundbreaking technology into their world.
About TranSigma
Digital process transformation is TranSigma’s mission. The firm’s unique data-driven approach utilizes agile, change management, and lean process reengineering to lead your transformational strategies to success. Specialized in-house skills such as IT, finance, cybersecurity, regulatory compliance, banking, and enterprise data management are fully integrated into its service delivery teams. For more information, please visit www.transigma.com.
TranSigma
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TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTC Pink: UNTC) (Company) announced today that it has ended its engagement with Tudor, Pickering, Holt & Co. (TPH) as advisor for the previously announced process to sell up to all of its oil and gas properties and reserves. The decision to terminate the Company’s engagement with TPH was primarily based on changes in the price of oil, natural gas, and natural gas liquids since the process was announced, as well as factors created by general volatility in the market. During the process, the Company entered into an agreement to sell its Gulf Coast oil and gas properties for $56 million, subject to customary adjustments. That agreement is set to close on July 1, 2022. The Company will continue to evaluate acquisition and divestiture opportunities in the ordinary course of business.
The Company also announced today that the board has authorized the Company to increase from $50 million to $100 million the aggregate value of shares of common stock that the Company may repurchase under its stock repurchase program initially announced on July 13, 2021 and increased on October 8, 2021. Repurchases will continue to be made from time to time at the Company’s discretion through open market purchases, privately negotiated transactions, or other available means. The Company intends to fund repurchases from available liquidity. The Company has no obligation to repurchase any additional shares under the repurchase program and may suspend or discontinue it any time without prior notice. To date, the Company has repurchased 1,271,963 shares for approximately $41 million under the repurchase program.
Philip B. Smith, the Company’s Chairman and Chief Executive Officer, commented, “The board's decision to end the Company’s engagement with TPH reflects the opportunities created by rising oil and natural gas prices and its conviction that the Company can create more shareholder value by operating the properties.”
“Our confidence in the Company and commitment to optimizing shareholder returns is further reflected in the board’s decision to expand our stock repurchase program for a second time.”
“Additionally, the board expressed its desire to return value to shareholders in the form of future distributions when it thinks the time is appropriate.”
About Unit Corporation
Unit Corporation is a Tulsa-based, publicly held energy company engaged through its subsidiaries in oil and gas exploration, production, contract drilling and natural gas gathering and processing. For more information about Unit Corporation, visit its website at http://www.unitcorp.com.
Forward-Looking Statements
This press release has forward-looking statements within the meaning of the Private Securities Litigation Reform Act. All statements, other than statements of historical facts, included in this release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur are forward-looking statements. Several risks and uncertainties could cause actual results to differ materially from these statements, including changes in oil and natural gas prices, changes in the Company’s reserves estimates or its value thereof, the level of activity in the oil and natural gas industry and other risk factors described in the Company's publicly available SEC reports. The Company assumes no obligation to update publicly such forward-looking statements, whether because of new information, future events, or otherwise.
Rene Punch
Investor Relations
(918) 493-7700
www.unitcorp.com
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, today announced the appointment of Kimberly Harriman as Senior Vice President, State Government Affairs & Corporate Communications. She will assume the role immediately and will join the executive leadership team.
“Kim has a well-established track record of achievement both here at AVANGRID and throughout her career,” said Pedro Azagra, CEO of AVANGRID. “This is an exciting time in AVANGRID’s history as we continue to build one of our industry’s most diverse executive leadership teams. I’m pleased to welcome Kim into our executive team and expect her leadership to further drive our strategic communications and state government affairs efforts across our businesses.”
Ignacio Galán, Chairman of AVANGRID, said, “Kim’s appointment leverages her strong government relations skills and strategic communications experience to enable AVANGRID to effectively advocate for state policies that support our clean energy vision.”
As Senior Vice President, State Government Affairs & Corporate Communications, Harriman will lead internal and external communications for the company. She will also maintain oversight of State Government Relations and Public Affairs, where she has served as Vice President since the end of 2020, responsible for coordinating state government relations and public affairs for the electric and gas utility subsidiaries in New York, Connecticut, Massachusetts and Maine and renewable onshore and offshore energy projects across 22 states.
Prior to joining AVANGRID in 2021, Harriman worked for New York Power Authority (NYPA), the New York State Department of Public Service, the New York State Office of the Governor, and NY’s Moreland Commission – Utility Storm Preparation and Response.
“I’m honored to join AVANGRID’s executive leadership team as Senior Vice President of State Government Affairs & Corporate Communications,” said Harriman. “AVANGRID is in an incredible position to accelerate the transformation to a clean energy future. I look forward to collaborating with our key state-level stakeholders and sharing our clean energy vision through relevant, impactful and strategic communications both within AVANGRID and externally across broader channels.”
Harriman graduated from Albany Law School of Union. She holds a bachelor’s degree in political science with a minor in economics from Siena College, where she graduated cum laude. She will report to Azagra.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs more than 7,000 people and has been recognized by JUST Capital in 2021 and 2022 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2022, AVANGRID ranked second within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com.
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