BGE, Atmos Energy, TECO Peoples Gas and Southwest Gas Rank Highest in Respective Regions
TROY, Mich.--(BUSINESS WIRE)--Driven by perception of price, overall gas utility business satisfaction is down to 808 (on a 1,000-point scale), a drop of 9 points from 2021, according to the J.D. Power 2022 U.S. Gas Utility Business Customer Satisfaction Study℠, released today. Notably, satisfaction with price is down 20 points to 766 in 2022.
“Pricing is the factor in which we’re seeing the greatest decline in customer satisfaction, an effect of inflationary pressure,” said Ramah Vaughn, director of utilities intelligence at J.D. Power. “To mitigate this issue, gas utility companies can benefit by updating their messaging to show the value of gas. For many other products that consumers enjoy, price satisfaction is not low when consumers know what they are getting for that price. An essential utility provides plenty of value, if providers can shift the conversation away from price and focus instead on value, an increase of customer satisfaction will follow.”
Study Rankings
The industry results for the 2022 study are reported across four U.S. geographic regions: East, Midwest, South and West. The following utilities rank highest in customer satisfaction in their respective region:
See the rank charts from each region at http://www.jdpower.com/pr-id/2022145.
Now in its 18th year, the U.S. Gas Utility Business Customer Satisfaction Study measures business customer satisfaction with gas utility companies in four regions: East, Midwest, South and West. Each of the 59 brands included in the study serve more than 25,000 business customers, representing more than 4.4 million business customers in total. Overall satisfaction is measured by examining six factors (listed in order of importance): safety and reliability (22%); billing and payment (17%); corporate citizenship (17%); price (16%); communications (14%); and customer contact (14%).
The study is based on responses from more than 9,220 online interviews of business customers in decision-making roles related to their utility company. The study was fielded from January through September 2022.
For more information about the U.S. Gas Utility Business Customer Satisfaction Study, visit https://www.jdpower.com/business/utilities/gas-utility-business-customer-satisfaction-study.
About J.D. Power
J.D. Power is a global leader in consumer insights, advisory services, and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.
J.D. Power is headquartered in Troy, Mich., and has offices in North America, Europe and Asia Pacific. To learn more about the company’s business offerings, visit JDPower.com/business. The J.D. Power auto shopping tool can be found at JDPower.com.
About J.D. Power and Advertising/Promotional Rules: www.jdpower.com/business/about-us/press-release-info
Media Relations Contacts
Geno Effler, J.D. Power, West Coast
714-621-6224
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John Roderick, East Coast
631-584-2200
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Under new partnership, Ambipar will remove and remediate leaking tanks while Booster’s mobile Fueling-as-a-Service model ensures continuity in customer operations
SAN MATEO, Calif.--(BUSINESS WIRE)--With leaking underground storage tanks (USTs) presenting serious risk to public health, safety, and the environment, Booster® and Ambipar today announce a strategic partnership to help customers seamlessly remove and remediate USTs while ensuring continuity in their fueling operations.
Long considered a necessary staple of conventional fueling infrastructure, USTs store fuel at gas stations, fleet yards, businesses, government facilities, and more. But older USTs are aging and deteriorating, leaking petroleum and other hazardous substances into the surrounding environment and commanding attention from the U.S. Environmental Protection Agency (EPA).
There are more than 550,000 leaking tanks nationwide, according to the EPA, which notes that “the greatest potential hazard” is contamination of groundwater, the source of drinking water for nearly half of all Americans. Tank removal and replacement can require significant CapEx cost; the average cleanup costs $130,000, although extensive soil contamination can send this figure higher. Corrective action for leaks that affect groundwater can reach upwards of $1 million.
Once a leak is confirmed, UST owners and operators are legally required to take immediate action to minimize or eliminate the source of the leak. This is where Ambipar and Booster come in. Ambipar Response offers tank removal and remediation services, including compliance with regulations, early identification of potential environmental issues, required reporting, soil remediation, and more. During and after tank removal, Booster offers mobile fuel delivery to ensure fleet vehicles can be easily fueled on-site with no disruption to operations.
“UST removal and remediation is a complicated matter, requiring full compliance with individual state regulations that govern corrosion protection, inspections, monitoring, secondary containment, and more,” said Allan Blanchard, regional VP of Ambipar Response. “By partnering with Booster, we are able to offer our customers a complete solution and migration path away from USTs for long-term fueling and energy solutions.”
Once the tank has been removed, Booster’s UST migration plan enables customers to explore sustainable solutions by ending their reliance on USTs and adopting Booster’s mobile Fuel-as-a-Service model. Delivering fuel directly to vehicles completely eliminates the need for USTs — and for costly and time-consuming trips to the gas station.
“By investing in mobile, modular Infrastructure-as-a-Service solutions, customers are able to focus on running their core business, and not on their fueling operations,” said Barry Russell, VP of sales & alliances with Booster. “Booster’s mobile fueling delivery service transitions customers away from CapEx investment and shifts it to OpEx, putting them on a sustainable path forward.”
This partnership reflects Booster’s commitment to increasing efficiency and improving sustainability for fleets. With a flexible OpEx model, fleet managers can access the fuels they need, when they need them, in a convenient, cost-effective structure.
“By partnering with Ambipar Response, we are able to provide UST owners and operators with an easy, integrated solution that remedies leaking fuel tanks while ensuring uninterrupted service and continuity in fueling operations,” said Frank Mycroft, Booster CEO and co-founder. “Beyond immediate remediation, mobile fueling offers a convenient long-term solution that completely replaces these hazardous relics of fixed-fueling infrastructure.”
About Booster
Booster is a tech-driven mobile energy delivery company on a mission to fuel the energy transition. Headquartered in San Mateo, California, Booster delivers conventional and renewable fuels directly to fleet vehicles nationwide, lowering carbon emissions, reducing costs, and providing access to renewable fuels. At a time when the urgent desire to transition to a more sustainable energy future is far outpacing the development of infrastructure, Booster provides a critical solution for Amazon, Imperfect Foods, UPS, and hundreds of other customers — no filling stations, truck stops, or off-route trips required. For more information, visit boosterusa.com or connect with us on LinkedIn, Twitter, Facebook, and Instagram.
About Ambipar Response:
Ambipar is a fully integrated environmental services company that values entrepreneurship, professionalism, innovation, and sustainability. It works from end-to-end in environmental management and waste recovery. The company’s goal is to help companies take care of the planet, which it accomplishes through its strong environmental management and sustainability capabilities. We believe that, from the work we do, we have great potential for reducing the environmental and social impacts we are experiencing today. Ambipar Response is represented in 39 countries, seven continents and over 400 bases with one goal: helping your company take care of the planet. For more information, visit ambipar.com.
Booster Media Contacts:
Melina Vissat, Senior Director of Communications
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617-595-8009
Grace Dearnley, Communications Manager
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757-951-8789
VANCOUVER, British Columbia--(BUSINESS WIRE)--EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN) (OTCQX: EVGIF), is pleased to announce that construction has commenced at the company’s Core RNG Expansion Project at Fraser Valley Biogas.
Fraser Valley Biogas
Fraser Valley Biogas (“FVB”), located in Abbotsford, BC, has been in operation since 2011 and is the original producing renewable natural gas (RNG) project in Western Canada to supply FortisBC’s network. The facility combines anaerobic digestion and biogas upgrading to produce RNG, primarily by converting agricultural waste from local dairy farms. Once the FVB Core RNG expansion project is complete, the new RNG production volumes are expected to double the capacity of the facility to produce ~160,000 GJ of RNG per year.
The FVB RNG Expansion Project broke ground during the third quarter of 2022, with the initial construction focused on an additional anaerobic digestor and improvements to the existing feedstock processing system designed to increase production capacity of the facility. We anticipate that the expansion project will be completed in Q1 2023, at which time the facility will ramp-up RNG production to the expanded capacity.
“We are proud of what our team has been able to achieve at FVB to date and pleased to see the project advancing on schedule and on budget,” said Chase Edgelow, CEO of EverGen. “All major mechanical equipment is on track for delivery and costs are within our C$13M-C$15M capital budget. These developments, coupled with the execution of a new long-term offtake agreement in a significantly stronger RNG market, will provide a substantial lift to our revenues and EBITDA.”
RSU Grant
Pursuant to the Company’s Equity Plan, on October 5, 2022, the Company granted 20,000 restricted share units (RSUs) to an officer of the Company.
About EverGen Infrastructure Corp.
EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond.
For more information about EverGen Infrastructure Corp. and our projects, please visit www.evergeninfra.com.
EverGen Investors
Victoria Rutherford
480-625-5772
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New high-efficiency yard light in a slim design features 3000K, 4000K and 5000K color selectable operation with the flexibility to adjust wattages to ensure proper light levels
NORTON SHORES, Mich.--(BUSINESS WIRE)--EarthTronics, dedicated to developing innovative energy-saving lighting products that provide a positive economic and environmental impact, introduces its Color & Wattage Selectable LED Yard Light. With three color temperatures and three wattages, it provides optimal area lighting for barns, storage sheds, entryways, pathways, parking lots, industrial and building perimeters, as well as yards and home security. The yard light comes with a photocell for dusk-to-dawn operation.
Designed to efficiently replace 100- to 250-watt H.I.D. lamps for general purpose outdoor lighting applications, the Color & Wattage Selectable LED Yard Light offers the flexibility of switching between three temperatures, including 3000K, 4000K and 5000K, and three lumen levels at the time of installation to ensure proper illumination and enhanced security.
The Color & Wattage Selectable Yard Light produces a highly efficient 125 lumens per watt with an 80+ CRI. The luminaire can be set at 36, 48 or 60 watts, delivering 4500, 6000 and 7500 lumens respectively. The yard light produces a wide beam angle to illuminate more than 10,000 square feet at each lumen level. It accepts 120-277VAC power supply for use in both the USA and Canada.
Suitable for wall and pole mount applications, the Color & Wattage Selectable LED Adjustable Yard Light is IP65-rated and UL approved for wet applications. The yard light has a durable powder-coat finish die cast aluminum housing with a high-impact polycarbonate, anti-UV acrylic lens to maintain appearance over the long term. It is available in either a bronze or gray finish.
A DLC® Premium product, the Color & Wattage Selectable LED Adjustable Yard Light will perform in temperatures ranging from -40°F (-40°C) to 104°F (40°C) with a rated performance life of 50,000 hours and comes with a five-year limited warranty. The yard light may be accepted for utility rebates in many markets.
For more information about the Color & Wattage Selectable LED Adjustable Yard Light, visit EarthTronics at https://www.earthtronics.com/product/led-color-wattage-selectable/.
About EarthTronics
Dedicated to creating a positive impact for the environment, businesses and consumers, EarthTronics, Inc. is an LED energy efficient solutions company based in Norton Shores, Michigan. EarthTronics offers high-performance EarthBulb LED light bulbs, T8 and T5 linear LEDs, and LED fixtures that are designed for commercial buildings, hotels, restaurants, retail stores and residential homes. All EarthTronics LED products provide energy savings with a solid return on investment for energy retrofits, renovation projects and new construction. More information can be found at www.earthtronics.com.
Brian Bloom
Falls and Co.
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216-696-0229
HOUSTON--(BUSINESS WIRE)--Air Liquide (Paris: Al), Chevron Corporation (NYSE: CVX), LyondellBasell (NYSE: LYB), and Uniper SE (FWB: UN01) have announced their intent to collaborate on a joint study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along the U.S. Gulf Coast. The facility could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports, helping to increase the supply of lower carbon power internationally.
The potential project to be studied is intended to cover the end-to-end energy value chain, utilizing each participant’s technical expertise in production, operational experience, storage, distribution, and export logistics. Collectively, the consortium will bring capabilities and expertise in air separation technology, hydrogen technologies, lower carbon intensity and renewable natural gas, carbon capture and storage (CCS), electrolysis-based technologies, and petrochemicals.
Specifically, the consortium will assess the potential for producing hydrogen using natural gas with CCS and renewable hydrogen via electrolysis to supply end-use markets, including the ammonia, petrochemicals, power, and mobility markets.
If development proceeds, the project could leverage existing advantages along the Gulf Coast, including pipeline infrastructure, to supply lower carbon and renewable hydrogen to local industrial clusters. Likewise, ammonia infrastructure could support exports to both Europe and the Asia Pacific region.
Adam Peters, CEO of Air Liquide North America, said: “Air Liquide is proud to evaluate, with its customers and industry partners, opportunities to further develop and deploy low-carbon and renewable hydrogen, and carbon capture technologies in the region. The Gulf Coast is the ideal location to model hydrogen and carbon capture technologies as immediate pathways to decarbonizing hard-to-abate sectors. This project exemplifies Air Liquide’s commitment to decarbonizing industrial basins around the world. Prioritizing sustainable technologies, like hydrogen and carbon capture, means we can provide energy transition careers for many thousands of American workers while building a more sustainable energy future for all.”
Austin Knight, Vice President of Hydrogen, Chevron New Energies, said: “Across the value chain, collaborations are critical to developing a hydrogen ecosystem, and this is an example of bringing together leaders in the space to explore lower carbon hydrogen opportunities and to contribute complementary expertise. We are seeking to accelerate the deployment of lower carbon solutions and believe companies like Chevron can help bring the capabilities needed to make this a reality. We are excited to be a part of this effort.”
Aaron Ledet, Senior Vice President, Olefins and Polyolefins Americas of LyondellBasell, said: “While our products play an important role in helping to enable greenhouse gas emissions reductions through their use in renewable energy technologies, such as wind turbines, solar panels and electric batteries, we are also taking concrete steps to reduce the greenhouse gas emissions from our operations. We look forward to collaborating with the members of this consortium to continue evaluating and advancing clean hydrogen as a potential solution for reducing the greenhouse gas emissions of our U.S. Gulf Coast manufacturing assets.”
Marc Merrill, President and CEO of Uniper in North America, said: “Uniper is very excited to collaborate with this unique group of companies to explore a truly transformative U.S. Gulf Coast hydrogen infrastructure project. We look forward to bringing the best of our U.S. business and global technical and commercial platforms to support this effort. Uniper is committed to the green expansion of our Wilhelmshaven LNG receiving terminal in Germany and expects to receive and store roughly 1 MTPA of clean ammonia at the port by the end of the decade. U.S. Gulf Coast supply from this initiative can be critical to meeting that goal.”
ABOUT AIR LIQUIDE (U.S.)
Air Liquide employs more than 20,000 people in the U.S. in more than 1,300 locations and plant facilities, including a world-class R&D center. The company offers industrial and medical gases, technologies, and related services to a wide range of customers in energy, petrochemical, industrial, electronics and healthcare markets. www.airliquide.com/USA
ABOUT CHEVRON
Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and growing lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.
ABOUT LYONDELLBASELL
As a leader in the global chemical industry, LyondellBasell strives every day to be the safest, best operated, and most valued company in our industry. The Company's products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. The Company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. In 2022, LyondellBasell was named as one of FORTUNE Magazine's "World's Most Admired Companies" for the fifth consecutive year. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.
ABOUT UNIPER
Uniper is a leading international energy company, has around 11,500 employees, and operates in more than 40 countries. The company plans for its power generation business in Europe to be carbon-neutral by 2035. Uniper’s roughly 33 GW of installed generation capacity makes it one of the world‘s largest electricity producers. The company's core activities include power generation in Europe as well as global energy trading and a broad gas portfolio, which makes Uniper one of Europe’s leading gas companies. In addition, Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply. The company is based in Düsseldorf and is one of Germany’s largest publicly listed energy supply companies https://www.uniper.energy
CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This news release contains forward-looking statements relating to Chevron’s operations and energy transition plans that are based on management's current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions, including the military conflict between Russia and Ukraine and the global response to such conflict; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to implement capital allocation strategies, including future stock repurchase programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 25 of the company’s 2021 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.
Contacts:
Air Liquide
Alyson Bartol
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Chevron
Creighton Welch
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LyondellBasell
Barrie Kay Lee
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Uniper
Georg Oppermann
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KILGORE, Texas--(BUSINESS WIRE)--Martin Midstream Partners L.P. (NASDAQ: MMLP) (“MMLP” or the “Partnership”) announced today that, through an affiliate Martin ELSA Investment LLC, it has entered into definitive agreements with Samsung C&T America, Inc. and Dongjin USA, Inc., an affiliate of Dongjin Semichem Co., Ltd., to form DSM Semichem LLC (“DSM”). DSM will produce and distribute electronic level sulfuric acid (“ELSA”). By leveraging the existing assets of MMLP located in Plainview, Texas and installing additional facilities (the “ELSA Facility”) as required, DSM will produce ELSA that meets the strict quality standards required by the recent advances in semiconductor manufacturing. In addition to owning a 10% non-controlling interest in DSM, the Partnership will be the exclusive provider of feedstock to the ELSA facility. MMLP, through its affiliate Martin Transport, Inc., will also provide land transportation services to end-users of the ELSA produced by DSM.
Bob Bondurant, President and Chief Executive Officer of Martin Midstream GP LLC, the general partner of MMLP stated, “We are excited to partner with Samsung C&T America, Inc. and Dongjin USA, Inc. in this unique opportunity to capitalize on the diverse and complimentary skillsets, operating expertise, and vast market knowledge of the three parties. The new facilities will incorporate technology currently being utilized to produce ELSA in Taiwan, which exceeds the quality of sulfuric acid being produced in the United States today.
“This strategic alliance allows the Partnership to capitalize on our existing asset base to participate in the manufacturing and transportation supply chain of the most advanced and power-efficient chip technology to date. ELSA supply presently sourced in the U.S. does not meet current domestic demand, and with announced new fabrication and existing fabrication facility expansions, we anticipate an attractive market for the ELSA produced in Plainview.”
Assuming growth capital investments of approximately $20 million, the Partnership expects to realize annual distributable cash flow of $5 to $6 million from both the improvements to the existing assets and its interest in DSM. The ELSA facility is estimated to start-up in the first quarter of 2024.
The Partnership will fund the capital improvements and the contribution to DSM through a long-term land lease and using available capacity under its revolving credit facility.
About Martin Midstream Partners
Martin Midstream Partners L.P. is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region. The Partnership's primary business lines include: (1) terminalling, processing, storage, and packaging services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) natural gas liquids marketing, distribution, and transportation services.
Additional information concerning Martin Midstream is available on its website at www.MMLP.com.
About Samsung C&T America
Samsung C&T America, Inc. (SCTA), is a global trading and investment company that functions as an independent American subsidiary of the Samsung C&T Corporation Trading & Investment Group. Since the subsidiary was opened in New York in 1964, SCTA has been engaged in the trading of industrial materials and operates thermal power generation and renewable energy projects across North, South, and Central America. The Trading & Investment Group operates globally in trading and project organizing with a network of 70 offices in 42 countries. It pursues and develops businesses around the world in the areas of chemicals, steel, energy, and materials.
About Dongjin Semichem Co., Ltd.
Dongjin Semichem Co., Ltd. is a publicly traded global manufacturer of fine chemicals headquartered in Seoul, Korea. With operations across Asia, Europe, and the United States, Dongjin holds an industry-leading portfolio of products for diverse applications in the electronic materials industry. Dongjin’s major product lines include display materials, semiconductor materials, and renewable energy materials. The company also operates a separate business unit specializing in foaming agents. Since its founding in 1967, Dongjin has been committed to enabling technological development as a pioneer of the Korean fine chemical industry.
MMLP-E
Sharon Taylor – Chief Financial Officer
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(877) 256-6644
DUBLIN--(BUSINESS WIRE)--The "India Market for Marine Coatings - 2022 Edition" report has been added to ResearchAndMarkets.com's offering.
The reports provides consumption estimates in both volume and value for Marine coatings, with 2021 as the base year and forecasts for 2026.
The information in the reports is based on a comprehensive programme of interviews with key players in each country, backed up by thorough secondary research and an in-house database of global paints and coatings market data.
Market Volumes in Metric Tonnes (2011-2025) by:
Key Topics Covered:
1. IN Coatings Background
1.1 IN - Background - Overview
1.2 Key Figures
1.3 Macroeconomic Trends and Forecasts
1.3.1 Imp/Exp: SB Polyesters
1.3.2 Imp/Exp: SB Acrylics & Vinyls
1.3.3 Imp/Exp: SB Polymers
1.3.4 Imp/Exp: WB Acrylics & Vinyls
1.3.5 Imp/Exp: WB Polymers
1.3.6 Imp/Exp: Other Paints & Varnishes
2 Foreword - Marine Coatings
3. Marine Coatings Overview & Distribution
4. Marine Coatings Product Section
4.1 Market Overview
4.2 Historical Trends and Forecasts: Marine Coatings
4.3 Prices and Market Values
4.3.1 Prices and Market Values by Application System
4.3.2 Prices and Market Values by Resin Type
4.3.3 Detailed Prices: Water Based
4.3.4 Detailed Prices: Solvent Based
4.3.5 Prices and Market Values by End Use
4.3.6 Prices and Market Values by Functional Layer
4.4 End Use: Historical and Forecasts
4.4.1 Application System: Historical and Forecasts
4.4.2 Resin Type: Historical and Forecasts
4.4.3 Water Based: Historical and Forecasts
4.4.4 Solvent Based: Historical and Forecasts
4.4.5 Functional Layer: Historical and Forecasts
4.5 Market Shares: Marine Coatings
4.6 Distribution: Marine Coatings
For more information about this report visit https://www.researchandmarkets.com/r/gyym06
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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MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) highlights its 47 years of consecutive dividend increases in its investor newsletter, Inside View, which also includes the following topics:
The newsletter is available on MGE Energy's website at:
http://www.mgeenergy.com/insideview
Inside View is published periodically to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric.
About MGE Energy
MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties. MGE Energy's assets total approximately $2.4 billion, and its 2021 revenues were approximately $607 million.
Investor relations contact
Ken Frassetto
Director Shareholder Services and Treasury Management
608-252-4723 | This email address is being protected from spambots. You need JavaScript enabled to view it.
ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for land, sea and air transportation assets for government and commercial markets, today announced that its VSE Aviation segment has entered into four distribution agreements with various global business and general aviation (“B&GA”) original equipment manufacturers (“OEM”) for a combined value of approximately $350 million. Each of the agreements are anticipated to commence in early 2023, with contract terms ranging between two and 15 years in duration.
“VSE continues to develop strong, long-term partnerships with leading global aircraft engine and airframe manufacturers who value our ‘tip-to-tail’ distribution and product line management solutions,” stated John Cuomo, President and CEO of VSE Corporation. “Our program performance and unique OEM-focused value proposition are being recognized in the market with new business extensions and expansions on existing programs. These awards will serve to advance our domestic and international distribution relationships with both new and existing end-users, while further establishing VSE as a trusted partner of choice in the aviation market.”
“These multi-year agreements are a testament to the extensive technical capabilities and customer-centric, on-demand service VSE provides, along with our deep relationships with global OEM brands who value our integrated solutions and robust program execution capabilities,” stated Ben Thomas, President of VSE Aviation. “We remain focused on providing aftermarket solutions for a growing base of business and general aviation operators, while continuing to build recurring, long-term revenue streams that support the ratable growth of our business.”
The exclusive distribution agreements include the following:
ABOUT VSE CORPORATION
VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets for government and commercial markets. Core services include MRO services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE's products and services, visit www.vsecorp.com.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause VSE's actual results to vary materially from those indicated or anticipated by such statements. Many factors could cause actual results and performance to be materially different from any future results or performance, including, among others, the risk factors described in our reports filed or expected to be filed with the SEC. Any forward-looking statement or statement of belief speaks only as of the date of this press release. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
INVESTOR RELATIONS:
Noel Ryan | 720.778.2415 | This email address is being protected from spambots. You need JavaScript enabled to view it.
As the city’s top clean energy supplier, Avantus is helping Los Angeles build a 100% renewables grid and usher in the nation’s clean energy future
LOS ANGELES--(BUSINESS WIRE)--#cleanenergy--Dr. Tom Buttgenbach, founder and CEO of clean energy leader Avantus, has been named to the Board of Directors for the Los Angeles Business Council (LABC), one of the most effective and influential business voices in California. For over 80 years, the LABC has had a major impact on public policy by harnessing the power of business and government to promote progress in the Los Angeles region in the areas of energy, housing and economic development.
“Avantus has a strong commitment to Los Angeles and our clean energy future, which is why we are so pleased to have Dr. Buttgenbach join the LABC Board,” said Mary Leslie, LABC president. “He shares our belief that sustainability and economic growth go hand in hand and we are excited for Dr. Buttgenbach to build upon on our progress here in Los Angeles and help us reach the city’s goals of running on 100% renewables by 2035.”
Dr. Buttgenbach joins leaders from UCLA, Los Angeles Department of Water and Power (LADWP), Cedars-Sinai Health System and other leading organizations on the LABC Board. He has also regularly served as a panel speaker at the organization’s annual Sustainability Summit, a high-level convening of leaders in one of the most environmentally forward-thinking cities of the world.
Avantus (formerly 8minute) is Los Angeles’ leading supplier of clean energy, with approximately 10% of the city’s daytime energy provided by solar projects developed and built by the company. Its track record in California has led the industry towards unprecedented milestones, including developing the largest solar cluster in the nation and the first operating solar plant to beat fossil fuel prices.
A critical player in achieving the state’s ambitious clean energy goals, Avantus is on track to provide more than half of California’s utility-scale solar and energy storage demand over the next decade.
“I am proud to be a part of the LABC Board and help advance its impressive leadership on renewable energy, in our hometown and beyond. Los Angeles is the driving force in our nation’s energy transition, supporting innovation and bold expansion of large-scale, high-impact projects, which is core to what we do at Avantus. We look forward to partnering with LABC and other stakeholders to help meet Los Angeles’ goal of 100% clean energy by 2035, and the state to reach that benchmark by 2045,” said Dr. Buttgenbach. “LABC is a bold leader in the business community on embracing sustainable business practices. We know confronting the realities of climate change head-on is not a business limitation, but a competitive advantage. The energy transition is spurring innovation that will continue to set Los Angeles and California apart as global leaders for decades to come.”
Avantus counts every major utility and energy provider in California and Nevada among its customers, including LADWP, Clean Power Alliance and Southern California Edison (SCE). With more than 90 projects currently in development, Avantus has one of the largest pipelines of solar and energy storage projects in the United States, exceeding 50 gigawatts (GW) of system capacity, including 42 GW of solar and 78 gigawatt-hours (GWh) of energy storage, enough to provide clean, reliable power for more than 30 million people throughout California, Texas and the Southwestern United States.
ABOUT AVANTUS
Avantus is shaping the future by making reliable, accessible clean energy a global reality. Our legacy of leadership in next generation solar energy includes developing the nation’s largest solar cluster and the first plant to beat fossil fuel prices. Today, we are expanding the boundaries of existing technologies to build one of the largest portfolios of smart power plants with integrated storage, capable of providing 30 million people with low-cost, zero-emission energy – day and night. Through our relentless pursuit of better, we are decarbonizing our planet at the gigaton level, and bringing the advantages of clean energy to all of us.
For more information, please visit www.avantus.com, and follow Avantus on Twitter and LinkedIn.
Katie Struble
Director, Corporate Communications
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DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its third quarter 2022 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Thursday, October 27, 2022.
A conference call is scheduled for Friday, October 28, 2022 at 9:00 a.m. Central Time to discuss the third quarter results. Instructions on how to listen to the call and view the accompanying presentation are shown below.
Internet: www.pxd.com
Select “Investors” then “Earnings & Webcasts” to listen to the discussion and view the presentation.
Telephone: Dial (866) 966-5335 confirmation code 2938169 five minutes before the call. View the presentation via Pioneer’s internet address above.
A replay of the webcast will be archived on Pioneer’s website. Alternatively, an audio replay will be available through November 22, 2022. To access the audio replay dial (866) 583-1035 and enter confirmation code 2938169.
About Pioneer
Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at www.pxd.com.
Pioneer Natural Resources Contacts
Investors
Neal Shah – 972-969-3900
Tom Fitter – 972-969-1821
Greg Wright – 972-969-1770
Chris Leypoldt – 972-969-5834
Media and Public Affairs
Christina Voss – 972-969-5706
Highlights:
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced today a strategic investment in Seasats, a privately-owned company involved in the design and production of low-cost, solar-powered maritime autonomous surface vehicles (ASV) for military and commercial use.
L3Harris is making its investment to fuel collaborative development and accelerate production of Seasats’ X3 micro-ASV, whose unique design and low-signature waterline makes it difficult to detect by sight and radar. The X3 features stealthy performance and reliable six-month endurance in all weather conditions for a fraction of the price of current small maritime ASVs, and provides a complement to L3Harris’ large and medium-sized ASV offerings.
“Our U.S. Navy customers are pursuing innovative solutions to reliably and efficiently patrol the waters from the Red Sea into the Persian Gulf and we understand their urgent need for proliferated maritime ASV architectures,” said Daniel Gittsovich, Vice President, Corporate Strategy and Development, L3Harris. “Our investment and collaboration with Seasats provides a proven, multi-capability solution for global maritime security challenges.”
Inexpensive, versatile and ideally suited to host a variety of maritime payloads, the X3 is well positioned to enhance the counter-piracy, mine clearing, intelligence, surveillance and reconnaissance, and electronic warfare solutions L3Harris already provides its customers.
Seasats can also serve commercial clients by pairing platforms and sensors to enable advanced hydrographic surveys, infrastructure monitoring, and scientific discovery. Future collaboration and technology sharing between L3Harris and Seasats has the potential to increase the autonomous capabilities, artificial intelligence and endurance of the X3 while cutting production time up to 75 percent.
“The L3Harris team recognized the value in pairing their payloads and sensors with our versatile platform because together they create an operations-ready solution for a wide range of critical military and commercial uses,” said Mike Flanigan, CEO of Seasats. “Our previous tests and demonstrations with the Navy were enthusiastically received and we are looking forward to making collaborative improvements with L3Harris as we prepare for operational capabilities testing with Task Force 59 in the Arabian Peninsula next year.”
The U.S. Navy 5th Fleet commander, Vice Admiral Brad Cooper, recently announced a goal to have at least 100 unmanned surface vessels patrolling the Arabian Peninsula by mid-2023. Earlier this year the Navy invited Seasats to participate in its “Digital Horizon 2022” exercise designed to develop maritime domain awareness and accelerate the Navy's robotic and artificial intelligence maritime capabilities.
About L3Harris Technologies
L3Harris Technologies, an agile global aerospace and defense technology innovator, delivers end-to-end solutions meeting our customers’ mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. L3Harris has more than $17 billion in annual revenue and 47,000 employees, with customers in more than 100 countries.
Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions, including the impact of the investment in Seasats. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about technology capabilities and future performance are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Paul Swiergosz
Corporate
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321-378-5631
NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, will host its third-quarter 2022 financial results conference call on Wednesday, November 2, 2022, at 9:00 a.m. ET.
On the call, Chairman, President and Chief Executive Officer Alan S. McKim, Executive Vice President and Chief Financial Officer Michael L. Battles, Executive Vice President and Chief Operating Officer Eric W. Gerstenberg and Senior Vice President of Investor Relations Jim Buckley will discuss Clean Harbors’ financial results, business outlook and growth strategy.
Those who wish to listen to the conference call webcast should visit the Investor Relations section of the Company’s website at www.cleanharbors.com. The live call also can be accessed by dialing 877.709.8155 or 201.689.8881. Listeners are advised to dial in at least 10 minutes prior to the start of the call. If you are unable to listen to the live call, the webcast will be archived on the Company’s website.
About Clean Harbors
Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, energy and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. For more information, visit www.cleanharbors.com.
Michael L. Battles
EVP and Chief Financial Officer
Clean Harbors, Inc.
781.792.5100
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Jim Buckley
SVP Investor Relations
Clean Harbors, Inc.
781.792.5100
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DUBLIN--(BUSINESS WIRE)--The "Rooftop Solar PV Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
This report on the global rooftop solar PV market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031.
Companies Mentioned
The report provides revenue of the global rooftop solar PV market for the period 2017-2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global rooftop solar PV market from 2022 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the rooftop solar PV market.
Secondary research also includes internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global rooftop solar PV market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global rooftop solar PV market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global rooftop solar PV market.
The report delves into the competitive landscape of the global rooftop solar PV market. Key players operating in the global rooftop solar PV market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global rooftop solar PV market profiled in this report.
Key Topics Covered:
1. Executive Summary
2. Market Overview
2.1. Market Segmentation
2.2. Market Indicators
2.3. Market Definitions
2.4. Market Dynamics
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter's Five Forces Analysis
2.6. Value Chain Analysis
2.6.1. List of Potential Customers
3. COVID-19 Impact Analysis
4. Rooftop Solar PV Market Production Outlook
5. Rooftop Solar PV Price Trend Analysis, 2020-2031
5.1. By Application
5.2. By Region
6. Global Rooftop Solar PV Market Analysis and Forecast, by Application, 2020-2031
6.1. Introduction and Definitions
6.2. Global Rooftop Solar PV Market Volume (MW) and Value (US$ Bn) Forecast, by Application, 2020-2031
6.2.1. On-grid
6.2.2. Off-grid
6.3. Global Rooftop Solar PV Market Attractiveness, by Application
7. Global Rooftop Solar PV Market Analysis and Forecast, by Region, 2020-2031
7.1. Key Findings
7.2. Global Rooftop Solar PV Market Volume (MW) and Value (US$ Bn) Forecast, by Region, 2020-2031
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Latin America
7.2.5. Middle East & Africa
7.3. Global Rooftop Solar PV Market Attractiveness, by Region
8. North America Rooftop Solar PV Market Analysis and Forecast, 2020-2031
9. Europe Rooftop Solar PV Market Analysis and Forecast, 2020-2031
10. Asia Pacific Rooftop Solar PV Market Analysis and Forecast, 2020-2031
11. Latin America Rooftop Solar PV Market Analysis and Forecast, 2020-2031
12. Middle East & Africa Rooftop Solar PV Market Analysis and Forecast, 2020-2031
13. Competition Landscape
13.1. Global Rooftop Solar PV Company Market Share Analysis, 2021
13.2. Competition Matrix
13.3. Market Footprint Analysis
13.3.1. By Raw Material
13.3.2. By Application
13.4. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)
14. Primary Research: Key Insights
15. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/wzlcxc
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity Corporation (NYSE:NGVT) announced today that it will release its third quarter 2022 earnings after the stock market close on Wednesday, November 2, 2022.
The company will host a live webcast on Thursday, November 3, 2022, at 10:00 a.m. (Eastern) to discuss third quarter 2022 fiscal results. The webcast can be accessed here or on the investors section of Ingevity’s website.
You may also listen to the conference call by dialing 844 200 6205 (inside the U.S.) or 929 526 1599 (outside the U.S.) and entering access code 110669. For those unable to join the live event, a recording will be available beginning at approximately 2:00 p.m. (Eastern) on November 3, 2022, through November 3, 2023, at this replay link.
Information on how to access the webcast and conference call, along with a slide deck containing other relevant financial and statistical information, will be posted on the investors section of Ingevity’s website prior to the call.
Ingevity: Purify, Protect and Enhance
Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in two reporting segments: Performance Chemicals, which includes specialty chemicals and engineered polymers, and Performance Materials, which includes high-performance activated carbon. These products are used in a variety of demanding applications, including adhesives, agrochemicals, asphalt paving, bioplastics, coatings, elastomers, lubricants, pavement markings, publication inks, oil exploration and production and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 31 locations around the world and employs approximately 2,050 people. The company’s common stock is traded on the New York Stock Exchange (NYSE:NGVT). For more information visit www.ingevity.com.
Caroline Monahan
843-740-2068
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Investors:
John Nypaver
843-740-2022
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Technology Industry Veteran Joins Digital Flare Mitigation® and Clean Cloud Pioneer as CPO
DENVER--(BUSINESS WIRE)--Crusoe Energy Systems LLC (Crusoe) today announced that Tara Green has joined the company as Chief People Officer. In her new role, Green will be responsible for leading Crusoe’s team and systems related to organizational structuring, recruiting, training and development, employee engagement, compensation, diversity and inclusion, team culture, and enhancement of overall people and HR processes. Green brings more than 25 years of experience in people strategy and operations to Crusoe Energy.
Prior to joining Crusoe, Green was the VP, Head of People at Aurora, a rapidly scaling autonomous vehicle startup with operations across the U.S. In this capacity, she led the People organization to scale and support the company’s evolution through major events, including the pandemic and an acquisition that nearly tripled the company’s workforce. She also previously was the SVP and Chief People Officer at Originate, a technology and design innovation studio, and held executive positions at a number of startups and enterprises including Node.io, Wickr, Google, eBay, and Excite@Home.
“I’m thrilled to join a company with a mission that is so inspiring and accessible, allowing for material impact today and limitless global impact in the future,” said Tara Green, Crusoe’s new Chief People Officer. “I’m excited to spend my days with talented, passionate, growth-minded people who are collectively engaged in reshaping and harmonizing the critical needs of our climate with awesome opportunities emanating from our digital world. As the company expands and scales, I look forward to leading the team with intention to evolve our culture and curate employee experiences that decade upon decade will be highly motivating, learning-oriented, respectful and tuned-in.”
Crusoe captures stranded and wasted energy resources such as flaring natural gas and excess renewable power to power modular data centers. In April, Crusoe closed a $350 million Series C equity from notable climate and technology venture capital funds, securing new capital to accelerate and scale Crusoe’s deployments. Recently, Crusoe was ranked as the No. 1 best small company to work for in Colorado by The Denver Post. The company’s full time workforce consists of approximately 300 individuals across Colorado, California, North Dakota, Montana, Illinois, New York, Louisiana and Oklahoma with expansion into additional states underway.
“We are honored to welcome such an experienced and capable people leader to the Crusoe team,” said Crusoe’s Co-Founder, President and Chief Operating Officer, Cully Cavness. “Tara brings a wealth of experience, relationships and business knowledge to this role and is already making an impact as a member of our leadership team.”
Later this year, Crusoe will fully launch CrusoeCloud™, the company’s High-Performance Computing (HPC) cloud offering powered by carbon-reducing energy sources, following its successful alpha rollout earlier in 2022. CrusoeCloud™ will enable HPC users to both reduce the costs of cloud computing as well as the environmental impacts of computing workloads such as artificial intelligence model training, graphical rendering and scientific computing.
About Crusoe Energy Systems LLC
Crusoe is on a mission to align the future of computing with the future of the climate. They are the pioneers of clean computing infrastructure that reduces both the costs and the environmental impact of the world’s expanding digital economy. By unlocking stranded sources of energy to power crypto, cloud, and data centers, they are creating the future of compute-intensive innovation that reduces emissions rather than adds to them. The world’s appetite for computation, energy, and progress will never stop growing. Crusoe is here to bring energy to ideas in ways that are aligned with the needs of our climate.
To learn more, visit www.crusoeenergy.com and follow Crusoe on Linkedin and Twitter.
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New York’s Climate Leadership and Community Protection Act requires State operations to run on 100% clean electricity by 2030
State agencies play key role in energy efficiency measures
REDWOOD CITY, Calif.--(BUSINESS WIRE)--As part of a major sustainability effort, New York State has issued a new executive order directing all state agencies to use the New York Power Authority’s (NYPA) NY Energy Manager application as the system of record for their energy data. The NY Energy Manager uses a system developed and deployed with C3 AI (NYSE: AI), a leading enterprise AI software application company, to monitor and help mitigate energy use at more than 1,000 state agencies and other customers.
“This announcement shows how increasingly significant the NY Energy Manager platform is to New York State’s demonstration of leadership in sustainability,” said Emilie Bolduc, NYPA’s Vice President of Distributed Energy Resources. “The dataset will be the foundation to create a baseline for state agencies’ greenhouse gas emissions and to measure their progress toward achieving New York State’s Climate Leadership and Community Protection Act goals.”
The NY Energy Manager application, built on the C3 AI Energy Management application, includes more than 17,000 facilities for more than 1,000 customers, including communities, businesses, municipalities, and electricity providers in New York. It will now serve as the system of record for all energy data from all state agencies.
“We are pleased to participate in this significant statewide initiative,” said Ed Abbo, President and CTO of C3 AI. “This is great validation in the work C3 AI has done with the New York Power Authority, and we look forward to helping New York make its public sector operations more sustainable.”
Among the many other goals spelled out in New York’s Executive Order 22, addressed in part by C3 AI’s system, is a mandate for state operations to run on 100% clean electricity by 2030.
C3 AI Energy Management unifies all energy-related data in one platform, enabling near real time tracking and mitigation of the state’s energy and greenhouse gas footprint. The system was selected by NYPA through a competitive bidding process. The most recent product release, C3 AI ESG, extends that functionality to enable reporting and forecasting of Scope 1, Scope 2, and Scope 3 emissions consistent with all regulatory reporting standards. The application also recommends and tracks mitigation initiatives to help customers achieve their energy and sustainability targets.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Application Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications and C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally.
C3 AI Public Relations
Edelman
Lisa Kennedy
415-914-8336
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Investor Relations
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DUBLIN--(BUSINESS WIRE)--Gazelle Wind Power (Gazelle), the developer of a hybrid modular floating offshore wind platform, has received the results of its basin model tests at the Environmental Hydraulics Institute - University of Cantabria (IHCantabria) facilities in Spain. The test report, witnessed by international certification organization DNV and Safier Ingenierie, verified the feasibility of the Gazelle platform’s concept in a wide range of conditions. A prototype model of Gazelle’s platform was analysed through a variety of assessments including surge and yaw excitation tests, wind alone tests, wave alone tests, decay tests, and more.
“The test serves to further validate our technology—which is key to ultimately reaching commercialization and unlocking the full potential of offshore wind,” said Gazelle CTO Jason Wormald. “These tests show that our platform will serve as a vital piece of the energy transition that will center around decarbonisation, independence, and security.”
The main results from the tests were based on the 10 MW floating offshore wind turbine (FOWT). The tests confirmed Gazelle’s main principles—including the main physical principles behind the Gazelle platform design. The tests also reaffirmed that the Gazelle platform has significantly reduced pitch motions even in extreme sea conditions. The data collected from the various tests will be used to create a benchmarking database which will be the basis of the next phase of the design loop in conjunction with Safier Ingenierie.
Having recently named Jason to lead Gazelle’s technology and engineering teams, Gazelle has now taken a critical leap forward toward deploying its unique offshore floating wind platform that—through modularity, scalability, and ability to be mass produced—can unlock the massive opportunity in floating offshore wind market, which has a total addressable market worth approximately €750 billion by 2050 according to DNV.
About Gazelle Wind Power
Gazelle Wind Power Limited is unlocking the massive deep-water offshore wind market to achieve global decarbonisation. The company’s durable, disruptive hybrid floating platform with a high stability attenuated pitch surmounts the current barriers of buoyancy and geographic limitations while reducing costs and preserving fragile marine environments. The company is based in Dublin and has a presence in Dubai, London, Madrid, Paris, and Texas. For more information, visit www.gazellewindpower.com.
For Gazelle Wind Power:
Wendy Prabhu | Mercom Communications
T: +1 512 215 4452
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Former McCormick & Company senior executive brings extensive leadership, growth and strategic expertise to the board
BALTIMORE--(BUSINESS WIRE)--Constellation announced today the election of Nneka L. Rimmer to its Board of Directors effective Nov. 1, 2022. Rimmer, 51, most recently served as president, Global Flavors & Extracts, for McCormick & Company, Inc., a global leader that manufactures, markets and distributes spices, seasoning mixes, condiments and other products to the food industry. Prior to her retirement in 2021, Rimmer drove industry-leading growth as a member of McCormick’s six-person executive team.
“Nneka has delivered strategic expertise, transformational leadership, and successful business outcomes along every stop of her inspiring professional journey,” said Robert J. Lawless, chairman, Constellation. “Her track record of identifying and driving both organic and inorganic growth opportunities will be a valuable asset for our company.”
“I am excited to join Constellation’s board during such a dynamic and transformative period in the energy industry,” Rimmer said. “As a leader in clean energy, Constellation is well positioned to lead our nation’s transition to a carbon-free future, and I look forward to partnering to support that mission.”
Rimmer joined McCormick in 2015 as senior vice president, Corporate Strategy & Development, where she oversaw the successful $4.2 billion acquisition of French’s and Frank’s RedHot Brand, the largest transaction in the company’s history. Later promoted to Chief Transformation Officer, she overhauled McCormick’s business-to-business industrial unit and spearheaded its rebrand to the Global Flavors & Extracts business unit. Shortly after her retirement, McCormick became a Fortune 500 company due in part to its overarching focus on growth and successful execution of corporate strategies led by Rimmer.
Prior to McCormick, Rimmer spent 15 years with Boston Consulting Group (BCG) focused on advising Fortune 100 C-Suite executives and board directors on global growth, M&A strategy, talent development and change management. She rose to become BCG’s first Black female partner, with leadership positions across the consumer goods and retail, public sector and strategy practices.
Since stepping away from her corporate career, Rimmer has maintained a dedicated focus on board service. She currently serves as an independent director and member of the audit and human capital committees for Energizer Holdings. She is also on the boards of Wellness Pet LLC and Wheel Pros LLC, two private equity-owned consumer products companies. Rimmer also serves as a trustee at the University of Maryland, Baltimore.
Rimmer earned her bachelor’s degree in chemical engineering from Stanford University and her master’s of business administration and juris doctorate from Northwestern University.
About Constellation
Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services to millions of homes, institutional customers, the public sector, community aggregations and businesses, including three fourths of Fortune 100 companies. Headquartered in Baltimore, our fleet of nuclear, hydro, wind and solar facilities has the generating capacity to power the equivalent of approximately 15 million homes, providing 10 percent of the nation’s carbon-free electricity. Our fleet is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is nearly 90 percent carbon-free. We have set a goal to achieve 100 percent carbon-free power generation by 2040 by leveraging innovative technology and enhancing our diverse mix of hydro, wind and solar resources paired with the nation’s largest nuclear fleet. Follow Constellation on LinkedIn and Twitter.
Dave Snyder
Constellation Communications
410-470-9700
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BORDENTOWN, N.J.--(BUSINESS WIRE)--#battery--It is generally assumed that solid polymer electrolytes have poor ionic conductivity at room temperature. Nuvvon has turned this notion on its head. Third-party verified data of their unique solid polymer electrolytes is presented to prove it.
Solid-state battery companies developing oxide and sulfide products suggest that solid polymer electrolytes have struggled with achieving the necessary ionic conductivity at room temperature. One attempted workaround is to increase the operating temperature, which is sub-optimal as it requires external heating. Another is the addition of liquid plasticizers, such as ionic liquids, to increase conductivity. But the amount of liquid plasticizer required for room temperature operation results in poor mechanical properties and subpar thermal aging.
Nuvvon has developed solid polymer electrolytes that overcome this problem. Nuvvon’s polymer electrolytes are completely dry and do not require the addition of ceramic nanomaterials. Nuvvon’s solid polymer electrolytes can also withstand high temperatures (>100oC) without mechanical degradation and demonstrate high ionic conductivity across a wide temperature range (2.2*10-4 S/cm at 0 oC, 4.6*10-3 S/cm at 25oC, 6.6*10-3 S/cm at 80 oC).
Nuvvon’s breakthrough in solid polymer electrolytes enables, for the first time, completely solid-state pouch cells that operate across a wide temperature range without external systems for cooling, heating, or pressure.
To learn more about Nuvvon’s unique technology, please visit www.nuvvon.com/technology
About Nuvvon
Based in NJ, Nuvvon is developing breakthrough solid-state batteries to offer increased safety, higher energy density and lower cost compared to conventional lithium-ion batteries. Nuvvon’s prototype cells operate across a wide temperature range at ambient pressure and are made on standard lithium-ion battery manufacturing equipment. The company is seeking to scale up with investment partners, to move from prototype production to an in-house pilot plant using a standard Li-ion production line.
For more information, please visit www.nuvvon.com or connect with Nuvvon on LinkedIn.
Jonathan Lex
Chief Operating Officer
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+44(0)7936 014076
Karmjit Sidhu
Director
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+1 (973) 615-0379
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