New product provides the Space RF engineering and design community with an off-the-shelf high frequency RF switch for the most challenging high-reliability space applications.
MILPITAS, Calif.--(BUSINESS WIRE)--#teledynee2vhirel--Teledyne e2v HiRel announces the availability of a rad-tolerant 30 GHz, Single Pole Double Throw (SPDT) reflective RF switch, model TDSW030A2T, that is ideal for use in demanding high reliability, space and defense applications and is now available with qualified material off-the-shelf. This new RF switch, developed on 0.15 μm InGaAs pHEMT technology, will be available as die and is qualified per MIL-PRF-38534 Class K equivalency for space applications.
The TDSW030A2T leverages monolithic microwave integrated circuit (MMIC) design techniques that deliver superior performance in the Ku and Ka microwave and millimeter-wave bands. The switch delivers low insertion loss, high isolation, fast switching times, and high linearity across a wide frequency band from dc to 30 GHz and attains an input power 1 dB compression of 25 dBm (typical). Class K equivalent element evaluation is performed per wafer.
“While switching is one of the core microwave building blocks, there has been a lack of choice for designers working on high-reliability applications,” said Mont Taylor, Vice President and Business Development Manager at Teledyne e2v HiRel. “Joining our successful release of a 20 GHz switch last fall, this new product is the first 30 GHz switch qualified as TID radiation tolerant to 100 krad (Si) on the market.”
For more information on all of Teledyne e2v HiRel’s space offerings, review our portfolio of semiconductors, converters and processors, and related services here on the Teledyne Defense Electronics website.
Devices are available for ordering and shipment today, from Teledyne e2v HiRel or an authorized distributor, in commercial versions and with the option of Class H equivalent screening. They are shipped from our DoD Trusted Facility in Milpitas, California.
ABOUT TELEDYNE e2v HIREL ELECTRONICS
Teledyne HiRel’s innovations lead developments in space, transportation, defense, and industrial markets. HiRel’s unique approach involves listening to the market and application challenges of customers and partnering with them to provide innovative standard, semi-custom or fully custom solutions, bringing increased value to their systems. For more information, visit http://www.tdehirel.com
ABOUT TELEDYNE DEFENSE ELECTRONICS
Serving Defense, Space and Commercial sectors worldwide, Teledyne Defense Electronics offers a comprehensive portfolio of highly engineered solutions that meet your most demanding requirements in the harshest environments. Manufacturing both custom and off-the-shelf product offerings, our diverse product lines meet emerging needs for key applications for avionics, energetics, electronic warfare, missiles, radar, satcom, space, and test and measurement. www.teledynedefelec.com.
Sharon Fletcher
Teledyne Defense Electronics
+1 323-241-1623 This email address is being protected from spambots. You need JavaScript enabled to view it.
FedEx makes a strategic investment in FourKites, which FourKites will leverage to develop FourKites X to help transform global supply chains with volumes of data insights from both companies’ networks
AMSTERDAM--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) and supply chain visibility company FourKites today announced a strategic alliance that will provide businesses with new, more robust real-time visibility capabilities to help solve their most pervasive supply chain challenges, become more efficient, and unlock new growth opportunities. Events like the COVID-19 pandemic, ongoing geopolitical issues, port congestion, and other global disruptions have revealed the complexities in keeping interconnected supply chains around the world up and running. FedEx and FourKites are collaborating to make supply chains smarter by bringing comprehensive and highly granular visibility into multi-modal and multi-carrier operations with the deep network and rich insights of their combined networks.
FourKites’ real-time visibility platform has integrated intelligence at every point of the supply chain, and currently supports 2.5 million shipments a day, connecting the supply chains of 50% of Fortune 500 companies. Through this collaboration, FourKites will be using its machine learning and artificial intelligence capabilities with data insights from the FedEx network – which reaches more than 220 countries and territories, linking more than 99 percent of the world’s GDP, through more than 16.5 million shipments daily – to create a new end-to-end supply chain intelligence platform called FourKites X. FourKites X will provide tools and insights to help large shippers and logistics providers mitigate the impacts of sustained challenges via a suite of offerings ranging from dynamic planning and pre-shipment, to enhanced visibility and proactive alerts, to supply chain optimisation insights.
To support this alliance and the launch of FourKites X, FedEx has made a strategic investment in FourKites.
“This is an exciting collaboration between two industry leaders and innovators coming together to unlock new opportunities for our customers,” said Sriram Krishnasamy, CEO, FedEx Dataworks. “If the last two years have taught us anything, it’s that companies need to work together in order to work smarter and faster. Our collaboration with FourKites creates a data ecosystem that will deliver a new level of predictability and visibility to help businesses build smarter supply chains in today’s unpredictable and complex business environment.”
“We are excited to announce this groundbreaking platform and strategic collaboration with FedEx,” said Mathew Elenjickal, FourKites Founder & CEO. “Our organisations share an unwavering commitment to customer success through strategic innovation. Together, we are working to pave the future of global supply chains, built on a foundation of data and machine learning to deliver new value to those global supply chains.”
FourKites X – A Complete Picture of Global Supply Chain Operations
FedEx Dataworks, a business unit in FedEx focused on making supply chains smarter through a powerful data science approach and machine learning capabilities, will support FourKites’ development of the new platform, FourKites X, that will help give customers deeper actionable insights, more accurate ETAs, and more intelligent supply chains to reduce supply chain volatility, and improve top-line growth.
The platform is being designed to help large shippers and logistics providers identify areas of opportunity, such as:
“When it comes to supply chain data, more is always better," said Steve Banker, Vice President, Supply Chain Services, at ARC Advisory Group. “The collaboration between FourKites and FedEx is exceptional in both the volume of data that it will aggregate, and in the degree to which it could improve predicted times of arrival, planning and more. FourKites X can be a big step forward for this market."
Customers of FourKites X will be able to integrate the platform with existing systems, and they will be able to receive new capabilities in a modular way with support from data engineers, data scientists and user experience experts. The FourKites X solution will include pre-built applications and an intuitive dashboard, which will allow customers to unlock things like pre-shipment weather advisories and supply chain insights.
To learn more about FourKites X, click here.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $92 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively, and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its nearly 550,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
About FourKites®
Leading global supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 1,000 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit www.fourkites.com.
Scott Johnston
European PR Director, FourKites
+31 62 147 8442
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Green Ammonia Market: Focus on End-Use Sectors, Production Technologies, and Region - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
The global green ammonia market is projected to reach $18.28 billion in terms of revenue by 2031, at a CAGR of 23.24%
The demand for green ammonia is anticipated to grow with increasingly stringent carbon emission regulations and zero-carbon energy goals.
Also, there is increasing cognizance that ensures energy security from low-carbon intermittent sources, which requires long-term sustainable energy storage and the identification of suitable carriers.
Moreover, continuously decreasing the cost of hydrogen production through electrolysis is another factor to spur the demand for green ammonia during the forecast period (2024-2031). However, the higher installation cost for the integrated infrastructure of green ammonia is anticipated to hinder market growth in the upcoming future.
Market Lifecycle Stage
The green ammonia market is still in the development phase. Increased research and development activities are underway to develop green ammonia, which is expected to increase due to rising public concern and government regulations related to carbon emissions and the protection of environmental health.
Moreover, green ammonia has the potential to make a significant impact by decreasing global dependence on fossil fuels and contributing to the reduction of greenhouse gas emissions.
Industrial Impact
With an increased worldwide focus on achieving net-zero carbon emissions, the shift to green, eco-friendly, sustainable technologies brings significant sales and financing opportunities. This shift was prominently experienced in regions such as North America, Europe, and some Asian countries.
Furthermore, green ammonia has a low to moderate impact on the fertilizer and transportation fuel industry; however, in the upcoming future, with increased production of green ammonia, the impact is anticipated to increase.
Impact of COVID-19
Since green ammonia is not very commercialized, the impact of COVID-19 on the global market has been negligible. Moreover, the rise in the trend of sustainability is expected to positively affect the growth of the market in the next 10 years, as green ammonia is produced using sustainable technologies. Also, the consumption of green ammonia is expected to increase post-COVID-19 pandemic as the planned projects come online.
In the global green ammonia market, Europe and North America are anticipated to gain traction in terms of green ammonia production owing to the R&D advancements and supporting government regulations in the regions.
How Can This Report Add Value to An Organization?
The product segment helps the reader understand the different technologies involved in green ammonia production, including alkaline water electrolysis (AWE), proton exchange membrane (PEM), and solid oxide electrolysis (SOE).
Moreover, the study provides the reader with a detailed understanding of the different green ammonia by end-use sectors (power generation and energy storage, agriculture, transportation, industrial feedstock, and others). Green ammonia is fuel for the future and has a high potential to grow in the future.
Growth/Marketing Strategy: The global green ammonia market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint ventures. The favored strategy for the companies has been business expansion and partnership to strengthen their position in the green ammonia market.
For instance, in October 2021, Scatec ASA, a leading renewable power producer, entered into a partnership agreement with Fertiglobe to jointly produce a 50-100 MW green hydrogen site, which would be further used as a feedstock for green ammonia production.
Recent Developments in Global Green Ammonia Market
Key Market Players and Competition Synopsis
Key Topics Covered:
1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Green Ammonia for Energy Storage
1.1.1.2 Green Ammonia as a Sustainable Future Fuel
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on the Green Ammonia Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Increased Consumer Awareness and Preference Toward Sustainable Products
1.2.1.2 Increased Investment in Green Ammonia Production
1.2.1.3 Stringent Rules and Regulations Related to Carbon Emissions
1.2.2 Business Challenges
1.2.2.1 High Production Cost
1.2.2.2 Limited Commercialization of Green Ammonia
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships and Joint Ventures
1.2.4.3 Collaborations and Alliances
1.2.5 Business Opportunities
1.2.5.1 Green Ammonia as a Transportation Fuel
1.2.5.2 Increased Adoption of Energy-Efficient Technologies
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem
1.4 Green Ammonia Planned Projects
1.4.1 Key Green Ammonia Planned Projects
2 Application
2.1 Global Green Ammonia Market (Applications and Specifications)
2.1.1 Global Green Ammonia Market (by End-Use Sectors)
2.1.1.1 Power Generation and Energy Storage
2.1.1.2 Transportation
2.1.1.3 Agriculture
2.1.1.4 Industrial Feedstock
2.1.1.5 Others
2.2 Demand Analysis of Green Ammonia Market (by End-Use Sectors), Value and Volume Data
3 Products
3.1 Global Green Ammonia Market (Products and Specifications)
3.1.1 Global Green Ammonia Market (by Production Technologies)
3.1.1.1 Alkaline Water Electrolysis (AWE)
3.1.1.2 Proton Exchange Membrane (PEM)
3.1.1.3 Solid Oxide Electrolysis (SOE)
3.2 Demand Analysis of Green Ammonia Market (by Production Technologies), Value and Volume Data
3.2.1 Comparison of Production Efficiency between the Technologies
3.3 Product Benchmarking: Growth Rate - Market Share Matrix, 2024
3.4 Patent Analysis
3.4.1 Patent Analysis (by Status)
3.5 Pricing Analysis
4 Regions
5 Markets - Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking (2025)
5.1.1 Competitive Position Matrix (2025)
5.1.2 Product Matrix for Key Companies
5.1.3 Market Share Analysis of Key Companies (2026)
5.2 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/hqxwkw
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Donation will Help Students Facing Economic Challenges in Houston’s Northern Suburbs
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy (NYSE:EE) (“Excelerate”), announced a donation of $30,000 to The Woodlands Family YMCA (“YMCA"), which the company has supported since 2007.
This year’s donation includes new support for the YMCA’s Mobile Makerspace, a traveling technology laboratory designed to bring the ideas of computer coding, robotics, programming, mechanics, circuitry, and creative fabrication to children who can benefit from these programs throughout Montgomery County, Texas. Excelerate will continue to participate in the YMCA’s annual outreach programs, including Operation Backpack, Dragon Boat Team Challenge, and Angel Tree.
“For over 135 years the YMCA of Greater Houston has focused on empowering young people, improving health and well-being, and inspiring action in and across communities,” says Christopher Butsch, YMCA District Executive Director. “Keeping this in mind, we are incredibly humbled by the support of great partners that help us to fulfill our mission. Excelerate Energy’s donation will ensure that our community has access to the opportunities and resources necessary to learn, grow, and thrive.”
Excelerate is committed to supporting nonprofit organizations whose work aligns with one or more of the company’s corporate social responsibility (“CSR”) focus areas of health, education, and climate.
“We are proud to partner with the YMCA in their effort to educate and empower today’s youth to solve tomorrow’s problems. The Woodlands is home to our corporate headquarters, and we strive to be good neighbors wherever we operate,” said Steven Kobos, President and CEO of Excelerate Energy.
“Our core values of Stewardship, Accountability, Improvement, and Leadership (SAIL) guide us in all that we do,” added Amy Thompson, Executive Vice President and Chief Human Resources Officer. “We encourage our employees to strengthen the health and prosperity of the communities where they live and work.”
To learn more about Excelerate Energy and our global CSR efforts, visit excelerateenergy.com.
About Excelerate Energy
Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Founded in 2003 by George B. Kaiser, Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. Excelerate offers a full range of flexible regasification services from FSRU to infrastructure development to LNG supply. Excelerate has offices in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Ho Chi Minh City, Manila, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit www.excelerateenergy.com.
About the YMCA of Greater Houston
Founded in 1886, today the Y remains committed to the health of more than half a million people grow and thrive through programs and services at our locations across Greater Houston. Strengthening community is our cause. Together, we connect active, engaged Greater Houston Area residents to build a better us.
Investors
Craig Hicks
Excelerate Energy
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media
Leslie Hiltabrand
Excelerate Energy
This email address is being protected from spambots. You need JavaScript enabled to view it.
Ground-breaking Ceremony Launches Construction of Svante’s new global headquarters, featuring speeches from Canadian Politicians
BURNABY, British Columbia--(BUSINESS WIRE)--#ccs--Canadian carbon capture and removal technology provider, Svante, hosted its ground-breaking ceremony this week in Burnaby, BC to launch the construction of its new world headquarters that it’s calling “The Centre of Excellence for Carbon Capture & Removal.” Provincial and Federal government officials attended and spoke at the event, including the Honourable Harjit Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, The Honourable Bruce Ralston, BC’s Minister of Energy, Mines and Low Carbon Innovation, and The Honourable Ravi Kahlon, BC’s Minister of Jobs, Economic Recovery and Innovation. The Mayor of Burnaby, His Worship, Mike Hurley, also made a speech about the impact that Svante will have on the city as well as across the Canada and globe.
“We make investments in companies like Svante because our government believes in a green future. We know it’s possible to get to net zero. We know it is possible to get to net zero while creating jobs. We know it is possible to get to net zero while also growing our economy… Together we can show the world that Svante, British Columbia, and Canada have what it takes to be leaders in carbon capture,” said Minister Sajjan, referring to last summer’s announcement from Ottawa that the Canadian Government would provide $25 million in funding for Svante’s carbon capture technology.
Brett Henkel, Svante’s Co-founder, and VP of Strategic Accounts & Government Affairs started the company in his garage in 2007. “Here, we’ll employ over 200 British Columbians and many more around the globe. We’ll be able to scale up our commercial manufacturing facilities to deliver filter modules that can capture millions of tonnes of carbon dioxide every year, both from the atmosphere and from industrial flue gas. I’m thrilled at the opportunity we have in front of us today... to make a real, global impact... To take action on climate change.”
Minister Kahlon commented on the importance of companies like Svante in helping the province achieve its economic and environmental goals, “This is a big day for Svante. It’s a big day for Burnaby. But it’s also a big day for British Columbia. Svante’s new Centre of Excellence for Carbon Capture and Removal is an outstanding example of innovation here in British Columbia. It’s also an outstanding example of the vision that we share: for building a clean and inclusive economy that works for all British Columbians.”
The Centre of Excellence for Carbon Capture and Removal will be Canada’s first-of-a-kind commercial-scale carbon capture and removal manufacturing facility, where Svante’s patented filter modules will be produced for the capture of carbon dioxide emissions from the atmosphere and from industrial flue gas.
To learn more about Svante, visit www.svanteinc.com
About Svante:
Svante is a carbon management solutions provider that offers companies in heavy-emitting industries a commercially viable way to capture and remove carbon emissions. The carbon we capture is then concentrated to >95% purity, which can be safely transported and stored underground or used for further industrial use in a closed loop.
Media Alert:
https://svanteinc.com/2022/06/07/media-alert/
Colleen Nitta
Director of Marketing & Communications
Svante
This email address is being protected from spambots. You need JavaScript enabled to view it.
604-970-2813
DALLAS--(BUSINESS WIRE)--Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended March 31, 2022. The Company posted revenue of $927 thousand and net income of $725 thousand. These results compare to revenue of $422 thousand and net income of $154 thousand for the same quarter in 2021. The Company’s improvement in revenue and profitability resulted primarily from increased demand and prices for oil.
Amen also announced that the Company’s Board of Directors has approved the payment of a quarterly dividend of $10.00 per share. The dividend will be paid to shareholders of record on June 30 with a payment date of July 7.
Finally, Amen reiterated that its Board has approved a plan whereby the Company will no longer hedge the revenue stream associated with its oil and gas royalties. “Shareholders of Amen need to understand that they hold an un-hedged long oil and gas position and should pursue their own hedging strategy if they are uncomfortable with that risk,” said Kris Oliver, Amen’s Chief Financial Officer.
The Company’s 2022 first quarter report is available for viewing or download from the company’s web site – www.amenproperties.com.
About Amen Properties:
Amen Properties owns a portfolio of cash-producing properties including real estate and oil and gas interests.
Cautionary Statement:
This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements can be identified by use of the words "expect," "project," "may," "might," potential," and similar terms. AMEN Properties, Inc. ("Amen", "we" or the "Company") cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Amen's control. These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Press and Investor Relations Contact:
Kris Oliver
(972) 999-0494
BELOIT, Wis.--(BUSINESS WIRE)--#FMD--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has finalized an agreement with The Ideal Electric Company (IDEAL), an American manufacturer of high-power, specialty electric motors, generators, and related equipment, to serve as IDEAL’s exclusive naval field service provider. FMD will provide maintenance and global field services for IDEAL’s motors and generators that are already installed or will be installed on naval ships worldwide.
“Fairbanks Morse Defense is constantly seeking new opportunities to expand the range of turnkey services that we can offer our marine defense customers and teaming up with The Ideal Electric Company to service their motors and generators while we’re already on board servicing our engines and other equipment makes this a great value add for the Navy,” said Jamie McMullin, President of FMD Services.
The agreement reinforces FMD’s ability to build, maintain, and service naval power and propulsion systems worldwide through six strategically located domestic centers and resources deployed globally.
“Fairbanks Morse Defense’s extensive field service network and focus on supporting naval customers coupled with The Ideal Electric Company’s legacy of rotating electric expertise and American-made product range is a perfect match for us. We are excited to leverage this in-place capability and provide unparalleled support to our customers when and where they need it,” said Nic Phillips, Vice President of IDEAL. “We see this as a great fit with two American manufacturers coming together, strengthening the domestic defense industrial base, and we feel confident that our customers will be well-served by FMD.”
For more than 100 years, FMD has provided products and services to the Navy. Today, the defense contractor powers more than 80% of the Navy’s ships with medium-speed applications. Similarly, Ideal Electric, a 119-year-old company, has installed generators that are connected to FMD’s backup power engines on many Navy ship classes.
In recent years, FMD has expanded its array of best-in-class marine technologies, OEM parts and turnkey services through expansion and the acquisitions of companies that include Federal Equipment Company (FEC), Hunt Valve, Maxim Watermakers, Research Tool & Die (RT&D), Ward Leonard, and Welin Lambie.
About Fairbanks Morse Defense (FMD)
Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. For more than 100 years, FMD has been a principal supplier of a growing array of leading marine technologies, OEM parts, and turnkey services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD stands ready to rapidly support the systems that power military fleets without compromising safety or quality. In times of peace and war, the experienced engineers, sailors, and technicians of FMD demonstrate our commitment to supporting the mission and vision of critical global naval operations wherever and whenever needed. FMD is a portfolio company of Arcline Investment Management.
To learn more, visit www.FairbanksMorseDefense.com.
About The Ideal Electric Company
Founded in 1903, The Ideal Electric Company of Mansfield, Ohio, is a globally established, pioneering American manufacturer of electric motors and generators, converters, condensers, switchgear and control systems for all applications—including industrial, oil, gas and petrochemical, water and infrastructure, pulp and paper, air handling, marine, mining, power generation, and renewable energy. The company is headquartered in Houston, Texas and has more than 400,000 square feet of vertically integrated manufacturing for machines up to 50,000 horsepower.
For more information, visit www.theidealelectric.com.
Fairbanks Morse Media Contact:
Mercom Communications
Michelle Hargis
Tel: 512-215-4452
This email address is being protected from spambots. You need JavaScript enabled to view it.
Ideal Electric Media Contact:
Morgan Frederick
Marketing & Communications Associate
Tel: +1 (419) 520-3302
This email address is being protected from spambots. You need JavaScript enabled to view it.
LOS ANGELES--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo Power” or the “Company”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, is requesting that shareholders vote on the proposals contained within its Proxy filing prior to the Annual Meeting of Stockholders.
The Annual Meeting of Stockholders was originally scheduled for June 14, 2022, but was adjourned until June 30, 2022 to allow stockholders additional time to vote. Romeo Power is encouraging participation from all investors, big and small, in the voting process. Each shareholder’s participation helps the Company avoid costly additional adjournments and solicitations. Participation also ensures that your voice is heard on critical matters.
“We remain steadfast in our commitment to driving continuous growth for Romeo Power and its shareholders. This includes initiatives such as the relocation to our new Cypress facility to add more efficient manufacturing capacity and laboratory space, as well as the increased opportunity for expansion into new markets where our vehicle electrification capabilities are highly valued. Each of these initiatives have the ability to both grow and create value for Romeo Power and its shareholders. As we continue progressing our Company alongside the electrification of the broader market, we require your support on Proposal 6 to support both our future initiatives and current operations,” stated Susan Brennan, chief executive officer.
The items of which stockholders are being asked to vote on can be found in Romeo’s Proxy filing, available online under the SEC Filings section of the Company’s website at https://investors.romeopower.com/financials/sec-filings/default.aspx as well as in the Securities and Exchange Commission’s (SEC) EDGAR website at www.SEC.gov under the ticker symbol RMO. A majority of the votes received have been cast in favor of all proposals. However, while the approval rate for Proposal 6 was approximately 84% at the original Annual Meeting of Shareholders, there was not a sufficient quantity of individual votes cast necessary to approve Proposal 6, despite the significantly high approval rate. Romeo Power would like to emphasize the importance of Proposal 6 for the Company to continue to access necessary capital to fund its ongoing operations and pursue the key objectives to grow our business and drive value for shareholders.
In order for your vote to be represented, the Company must receive your voting instructions. For your convenience, please use any of the following methods to submit your vote:
If possible, please use either of the first two options to ensure your vote is captured in time for the meeting. Even if it is past the indicated deadline, the Company asks you to please submit your vote.
If you have any questions, please call Okapi Partners, Romeo Power’s proxy solicitor, toll-free at 1-877-274-8654. Representatives are available Monday - Friday 9:00 am to 9:00 pm (ET) and Saturday, 10:00 am to 5:00 pm (ET). The Romeo Power team would like to thank shareholders for their time, participation, and continued support.
About Romeo Power, Inc.
Founded in 2016 and headquartered in Los Angeles, California, Romeo Power (NYSE: RMO) is an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications. The Company’s suite of advanced battery electric products, combined with its innovative battery management system, delivers the safety, performance, reliability and configurability its customers need to succeed. To keep up with everything Romeo Power, please follow the Company on social media @romeopowerinc or visit www.romeopower.com.
Forward Looking Statements
Certain statements in this press release may constitute “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, including, without limitation, express or implied statements concerning Romeo Power’s ability to develop or sell new products, or to pursue customers in new product or geographic markets, Romeo Power’s expectations regarding its future financial performance, the demand for safe, effective, affordable and sustainable EV products, Romeo Power’s ability to produce and deliver such products on a commercial scale, and Romeo Power’s expectations that its customers will adhere to contracted purchase commitments on the currently expected timeframe are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Romeo Power’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: Romeo Power’s ability to execute on its plans to develop and market new products and the timing of these development programs; Romeo Power’s ability to increase the scale and capacity of its manufacturing processes; Romeo Power’s estimates of the size of the markets for its products; the rate and degree of market acceptance of Romeo Power’s products; the success of other competing technologies that may become available; Romeo Power’s ability to identify and integrate acquisitions; Romeo Power’s potential need for and ability to secure additional capital; the performance of Romeo Power’s products and customers; potential litigation involving Romeo Power; demand for battery cells and supply shortages; the potential effects of COVID-19; and general economic and market conditions impacting demand for Romeo Power’s products. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Company’s filings with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from those implied by our forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Romeo Power undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Source: Romeo Power Inc.
For Investors:
Joe Caminiti or Ashley Gruenberg
Alpha IR Group
This email address is being protected from spambots. You need JavaScript enabled to view it.
312-445-2870
The Award-Winning Sharrow Propeller Now Available Via Yamaha’s Extensive Worldwide Network
DETROIT--(BUSINESS WIRE)--Sharrow Marine announced today a new supply agreement between Sharrow Marine and Yamaha Marine Precision Propellers (YPPI). The terms of the agreement allow Sharrow Marine to manufacture its award-winning propellers in YPPI’s state-of-the-art facility and foundry in Greenfield, Ind. Yamaha will also be offering Sharrow Propellers through its boat builder and dealer distribution channels.
Yamaha will offer the Sharrow Propeller™ as a new option to more than 100 of the world’s leading boat builders and its network of more than 2000 dealers. The Sharrow propellers will have unique SKU numbers for Yamaha dealers to easily order for their customers.
“Yamaha has world-wide respect for the quality and dependability of its products. We’re proud to have the opportunity to manufacture our high-tech propellers in Yamaha’s new, state-of-the-art casting facility in Indiana,” said Greg Sharrow, CEO of Sharrow Marine. “We’re also excited to have access to the Yamaha distribution network, which will dramatically accelerate our efforts to deliver the Sharrow Propeller™ to boaters across the world.
Increasing demand for the Sharrow Propeller™ is rooted in the fact that the design offers a host of performance improvements including higher speed per RPM, better handling, reduced vibration, a stronger propeller structure, and is up to 30 percent more efficient than the industry-leading conventional propeller designs.
“Sharrow Marine’s choice of YPPI as a manufacturing and distribution partner underscores Yamaha’s leadership position in the casting industry,” said Jonathon Burns, General Manager, Yamaha US Marine Planning and Development. “Through YPPI and our new relationship with Sharrow Marine, Yamaha can offer boat builders, dealers and customers an even greater number of options when it comes to maximizing boat performance through propeller selection.”
The Sharrow Propeller™ has garnered widespread attention for its design that offers some of the largest improvements in fuel efficiency and performance that the boating industry has ever seen. Sharrow Marine won the coveted NMMA® Innovation Awards at the 2020 Miami International Boat Show.
YPPI, a division of the Yamaha U.S. Marine Business Unit, designs and builds stainless steel propellers for distribution around the globe for Yamaha Outboards. YPPI and Yamaha work together to design propellers to fit the thousands of different boat applications in the market. In total, YPPI manufacturers over 300 different propellers.
Sharrow Engineering, LLC, is a nautical and aeronautical engineering company dedicated to the research and development of revolutionary high-performance propulsion technologies for the maritime and aeronautical industries. Sharrow Engineering is the parent company for Sharrow Marine, LLC, and Sharrow Commercial Marine, LLC. Company offices are headquartered in Detroit, MI. Sharrow Engineering, LLC, has assembled a team of the world’s top aeronautical, nautical, aerospace, and mechanical engineers to assist with the company’s core mission to reinvent the methodologies and technologies used for propulsion in the 21st century.
Yamaha’s U.S. Marine Business Unit, based in Kennesaw, Ga., is responsible for the sales, marketing, and distribution of Yamaha Marine products in the U.S. including Yamaha Outboards, Yamaha WaveRunners®, Yamaha Boats, G3 Boats and Skeeter Boats. Supporting 2,400 dealers and boat builders nationwide, Yamaha is the industry leader in reliability, performance, technology and customer service.
To learn more about Sharrow Engineering and its innovative products, go to www.sharrowmarine.com
Media Contact: Matt Friedman 248-762-1430 This email address is being protected from spambots. You need JavaScript enabled to view it.
TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (“Li-Cycle” or the “Company”) (NYSE: LICY), announced today that it will host investor meetings during a non-deal roadshow with Citi on Tuesday, June 21, 2022, and at the BMO 2022 Chemicals & Packaging Summit on Wednesday, June 22, 2022.
An investor presentation related to these meetings will be made available on the Investor Relations section of the Company’s website at https://investors.li-cycle.com.
About Li-Cycle Holdings Corp.
Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.
Investor Relations
Nahla A. Azmy
Sheldon D’souza
This email address is being protected from spambots. You need JavaScript enabled to view it.
Press
Kunal Phalpher
This email address is being protected from spambots. You need JavaScript enabled to view it.
TACOMA, Wash.--(BUSINESS WIRE)--The Green Transportation Summit & Expo (GTSE) is excited to announce that Battle Motors, an innovator in clean energy and electric vehicle (EV) space, will sponsor its 11th annual show. The Green Transportation Summit & Expo (GTSE) is the West Coast’s premier fleet modernization and sustainable transportation event. GTSE offers attendees an inside look at the latest in fleet technologies and innovation and provides informative sessions featuring a who is who of national and regional transportation leaders.
Battle Motors, a leader in the development of electric vehicle (EV) technology and in the vocational truck industry, produces work-ready diesel, compressed natural gas (CNG), and now fully electric chassis designed and manufactured in America. Battle Motors’ durable, dependable trucks are built to excel in a multitude of applications including refuse, recycling, construction, utility, and now middle-mile and last-mile delivery. Built upon the seventy-five-year legacy of Crane Carrier Company, the newly rebranded Battle Motors is leading the way in the electrification of the vocational and delivery truck markets.
GTSE is excited to have Battle Motors as a partner, as 2022 will focus more than ever on clean vehicle technology and taking advantage of funding opportunities at the local, state, and national levels. Battle Motors is a top solution for customers to invest in and discover their EV trucks and there has never been a better time to reduce vehicle carbon footprint as the conference will highlight the collaborations and pathways that are key for reducing carbon emissions to Zero!
Battle Motors is delivering their Battle Ready Class 8 severe-duty electric truck to refuse companies across the country. All Battle Ready Electric trucks include free advanced software and safety features. Battle Motors’ electric trucks are available for front, rear and automated side loader applications within the refuse and recycling space and are available in standard and crew cab configurations.
About Battle Motors
Battle Motors, a leader in the development of electric vehicle (EV) technology and in the vocational truck industry, produces work-ready diesel, compressed natural gas (CNG), and now fully electric chassis designed and manufactured in America. Battle Motors acquired commercial vehicle Original Equipment Manufacturer (OEM), Crane Carrier Company, LLC (CCC) in 2021. CCC has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio. For more information, please visit battlemotors.com and follow us @BattleMotors on Instagram and Twitter.
About GTSE
From August 16 to 18th 2022 at the Greater Tacoma Convention Center, fleets from across the country, national and regional transportation leaders, plus technology providers in the electrification, hydrogen and alternative fuel industries will flock to a GTSE sponsored by Battle Motors. GTSE boasts an intimate conference networking experience, numerous education opportunities, a tangible look at what clean energy looks and feels like with a Performance ride-and-drive event, and much more. For more information, please visit https://www.gtsummitexpo.com/
www.battlemotors.com
@BattleMotors
#GTSE22
For Battle Motors press inquiries contact:
Jennifer Gross | Oona Oglesby
Battle Motors - Communications
This email address is being protected from spambots. You need JavaScript enabled to view it. | This email address is being protected from spambots. You need JavaScript enabled to view it.
For GTSE press inquiries please contact:
Nathalie Graham
This email address is being protected from spambots. You need JavaScript enabled to view it.
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will issue its second quarter 2022 earnings release after the close of the New York Stock Exchange on Wednesday, July 27, 2022. The Company will also host its second quarter 2022 earnings conference call on Thursday, July 28, 2022, at 1 p.m. London time (8 a.m. New York time).
The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/yytvtob9.
An archived version will be available on the website following the webcast.
About TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
TechnipFMC utilizes its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.
Investor relations
Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
James Davis
Senior Manager, Investor Relations
Tel: +1 281 260 3665
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Media relations
Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Catie Tuley
Director, Public Relations
Tel: +1 281 591 5405
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Europe Oilfield Services Market - Growth, Trends, COVID-19 Impact, And Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The Europe oilfield services market is expected to grow at a CAGR of more than 5% during the forecast period of 2022-2027
The COVID-19 pandemic affected the market severely. The pandemic led to a decline in demand for crude oil and natural gas, resulting in a crash of oil and gas prices. This crash made the upstream activities economically unfeasible. The market is expected to recover once the price strengthens.
In terms of growth of the market, factors such as the development of oil and gas reserves in the region, along with advanced technologies, tools, and equipments are expected to drive the market during the forecast period. However, a shift towards renewable energy sources along with high volatility of crude oil prices are expected to hinder the market growth.
Key Highlights
Offshore Segment to Witness Significant Growth
Norway to Witness Significant Growth
Competitive Landscape
The European oilfield services market is moderately consolidated. The report contains analysis of mergers and acquisitions, joint ventures, collaborations, and agreements & strategies adopted by leading players
Some of the major players involved in the market are
For more information about this report visit https://www.researchandmarkets.com/r/p8oaqm
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
ALPHARETTA, Ga.--(BUSINESS WIRE)--Anue Water Technologies is announcing that Tencarva Municipal, Southern Sales, is the new and exclusive channel partner for the sales and installation of all Anue Water products throughout the Commonwealth of Virginia and the State of Arkansas. Tencarva has been successfully distributing Anue products for over ten years throughout the States of Tennessee, North and South Carolina, Ohio and the Commonwealth of Kentucky.
Anue manufacturers eco-friendly Oxygen/Ozone and other cost-effective equipment for municipal and industrial wastewater treatment, odor, corrosion and FOG (fats, oil, grease) control applied in municipal forcemains, lift stations, wet-wells and wastewater tanks. Anue products include FORSe® Oxygen/Ozone injection systems with remote digital telemetry; the more compact Phantom® Oxygen/Ozone injection system (also with remote digital telemetry); Enviroprep® well-washers for FOG control; and the highly customizable Anue Geomembrane Covers with embedded carbon-filters for odor elimination from practically any sized or shaped wastewater tank or manhole cover.
According to Greg Bock, Anue Water VP General Manager, “We are happy and proud to have Tencarva taking on more territory as our exclusive channel partner. They are tried, tested and proven wastewater treatment experts and have recently staffed up to introduce municipalities and industrial customers in Virginia and Arkansas to Anue’s eco-friendly systems that replace costly chemicals with labor-saving and eco-friendly Anue Oxygen/Ozone injection and other cleantech solutions to collection system issues of odor, corrosion and FOG (fats, oils, grease). Anue has recently added several new channel partners, such as Environmental Improvements (EI2) for Texas and Oklahoma; Koester Associates for New York State and Northern New Jersey, Kershner Environmental for Pennsylvania and Southern New Jersey; Russell Resources throughout the six New England States, J.H. Wright throughout the Gulf States, Florida Panhandle and Georgia; Northwestern Power Equipment for the Upper Midwestern States; and Faco Waterworks for Indiana. With the expansion of Tencarva Southern Sales into Virginia and Arkansas, Anue is able to demonstrate and install our clean and cost-saving equipment solutions to well over 90% of the municipalities in the USA and Canada.”
Tencarva VP Bill Allen declared, “We look forward to introducing Virginia and Arkansas wastewater treatment customers to Anue’s eco-friendly equipment, which replaces costly and labor-intensive chemicals. More and more municipalities in this region want clean-tech solutions that minimize labor and inputs into the environment.”
About Anue Water Technologies: Founded in 2005, Anue Water Technologies Inc. is headquartered in Alpharetta GA. The company manufactures and supplies eco-friendly, high efficiency, patented systems for the municipal and industrial wastewater markets, including oxygen/ozone injection, well-washers and carbon-embedded geomembrane covers for odor, corrosion and FOG (fats, oil, grease) control. For more information, contact Anue Water Technologies, Inc. at This email address is being protected from spambots. You need JavaScript enabled to view it.or (760) 727-2683 or visit our web site at www.anuewater.com.
About Tencarva: Since 1978 , Tencarva has been the industrial equipment distributor for the premier pump and wastewater treatment product lines throughout the Southeast United States. We are a sales and service company driven by a desire to solve process and equipment problems and build a better future for our employees, customers and the United States of America by professionally applying and providing the best pumps and equipment in the industry.
Anue Water Technologies, Inc.
Jon Amdursky
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Europe Bunker Fuel Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The bunker fuel market in Europe is expected to register a CAGR of more than 7% during the forecast period, 2022-2027
Some of the major companies include Gazprom Neft PJSC, BP PLC, Shell PLC, TotalEnergies SE, and AP Moeller Maersk AS
The outbreak of COVID-19 has significantly affected the consumption of bunker fuel. The closure of international and domestic trade movements to curb the spread of the virus reduced the demand for bunker fuel in 2020.
The increasing preference for LNG-based vessels and growing LNG trade are significant factors driving the demand for bunker fuels in Europe during the forecast period. With increasing maritime export and import in countries like Germany and the United Kingdom, considerable growth is anticipated in the coming years.
However, increasing trade tensions between countries such as the United States, China, Russia, etc., are expected to restrain the market during the forecast period.
Key Highlights
Very Low Sulfur Fuel Oil (VLSFO) to Witness Significant Growth
Germany to Dominate the Market
Competitive Landscape
Company Profiles
Ship Owners
For more information about this report visit https://www.researchandmarkets.com/r/1woxm6
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DUBLIN--(BUSINESS WIRE)--The "Database of Petroleum and Petroleum Products Wholesalers in Europe" database has been added to ResearchAndMarkets.com's offering.
The Database of Petroleum and Petroleum Products Wholesalers in Europe is an Excel spreadsheet containing a list of the largest 7000 Petroleum and Petroleum Products Wholesalers in Europe.
Each of the company lists displays the leading companies ranked by revenue in $USm.
Each Excel file contains the following:
The database will help:
For more information about this database visit https://www.researchandmarkets.com/r/54b73w
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DUBLIN--(BUSINESS WIRE)--The "Energy and Power Electric Capacitor Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
An electric capacitor, in the field of electricity and power, is used to store electric energy. It is a two-terminal passive component of electronics. An electric capacitor can also be called a condenser.
The effect of a capacitor is denoted by its capacitance. When there are two electrical conductors in a circuit, there is some capacitance generated in the circuit, but to provide an effective result of capacitance in a circuit, an electric capacitor is used. The electric capacitor market is expected to rise due to the increased functionality, coherence, and complexity of electronic devices, as well as the rising demand for smart components from emerging economies.
The market for energy and power electric capacitors in the automobile industry is predicted to rise as the development of electric vehicles grows. The advent of next-generation automotive electronics to support enhanced driver assistance systems, as well as rising customer demand for mobility and connection, is expected to help to propel the industry forward. Furthermore, the development of new applications such as renewable energy systems, electronic controls for industrial machinery and engines, hybrid transportation concepts, and personal computing devices is expected to propel the demand for energy and power electric capacitors even higher.
Growth Drivers
The electric capacitor is expected to dominate the market because of its higher capacitance value. To design a circuit, electric capacitors play an important part because they offer small size, high capacitance, and low cost compared to other types of capacitors. The electric capacitor industry is expected to see the rise as a result of its extended service life and low cost. In the market, there is a plentiful supply of raw materials, as well as diverse construction and connection kinds and a highly automated manufacturing process predicted to give a boost to the energy and power electric capacitor market in the foreseen period.
Electric capacitors are used in a wide range of applications like in automotive, the internal combustion engine types that are expected to dominate the market, and capacitor vendors offer a wide range of automotive devices for ease, safety, and engine control unit applications. Despite the fact that capacitive sensors have been used in a range of applications for decades, such as production quality assurance, weather, locations, acceleration, and fluid level, capacitive sensing is now a pervasive feature in electric capacitors used in consumer electronics devices.
Energy and Power Electric Capacitor Market Types
The energy and power electric capacitor market is divided into film, ceramic and electrolytic according to the material used to make the capacitor. With the development in technologies, capacitors these days have become a necessity for the manufacturing of most electronic devices. With the growing demand for wearable and consumer electronics, it is expected that the film-based capacitor demand will also boost in the industrial sector, raising the market for energy and power electric capacitors in the foreseen period.
The surge in demand for supercapacitors in automotive applications is expected to be a significant driver increasing the market's growth. Supercapacitors are suitable for automotive applications because of their long shelf life, high power density, and fast charging capability. In addition, the market is predicted to develop due to the rising demand for renewable energy systems and favourable government regulations.
Restraints
The energy and power electric capacitor market is expected to see some major restraints owing to the capacitor value tolerances, equivalent series resistance capacity, and a limited life period. Once power has been disconnected from a circuit, electric capacitors may retain a charge that might generate a harmful or fatal jolt or damage associated devices. When capacitors are exposed to voltages or currents that exceed their tolerances, or when they reach their usual end of life, they can eventually fail, which is also expected to cause a restrain in the growth of the energy and power electric capacitor market.
Market Segmentation:
By Type
By Polarization
By Industry Verticals
By Voltage
By Geography
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/hu4sk4
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DUBLIN--(BUSINESS WIRE)--A first-of-a-kind green hydrogen generation plant - on the border of Counties Mayo and Sligo, Ireland - has been announced by Mercury Renewables. To advance the project Mercury is drawing upon the hydrogen and renewable energy expertise of global engineering, consulting and construction leader Black & Veatch.
Mercury is developing one of Ireland’s first co-located onshore wind farm and hydrogen electrolysis plants. A 75-megawatt wind farm will power an electrolyser plant generating green hydrogen. Black & Veatch’s initial role in the project has been the feasibility studies that inform all aspects of the hydrogen development.
“The abundance of renewable energy potential in Ireland means green hydrogen should play a significant role in regional and national cross-sector decarbonisation. Projects like Firlough put Mercury at the vanguard of delivering Ireland’s hydrogen economy,” said Tim Bills-Everett of Mercury. “Our business model is to combine local knowledge with international best practice in renewable energy development. For Firlough we also need proven hydrogen expertise. With a deep track record in both, Black & Veatch is our partner of choice.”
Black & Veatch’s early involvement has been to help Mercury understand which combination of electrolyser technology and size, as well as hydrogen storage and transport options – and water supply alternatives – best meets its business goals for the project. This is being achieved through the development of multiple scenario studies and conceptual site layouts.
“Hydrogen project developers and investors need confidence in the quality of the advice they receive. The most complete analysis will come from partners with expertise in hydrogen, renewable energy generation, and the complex interfaces between them that define projects like Firlough,” said Youssef Merjaneh, Black & Veatch’s Senior Vice President, Managing Director, Europe, Middle East & Africa.
Once the optimal configuration is identified, Black & Veatch will develop an outline design for the facility that is sympathetic to the local surroundings; and support engagement with the local community, as well as work to ensure the plant’s safe operation.
Mercury Renewables has been developing renewable energy projects in Ireland since 2009. At Firlough, as with other projects, the company will endeavor to provide localised economic growth; using, where possible, local people, equipment and services.
To support decarbonisation initiatives, and the use of hydrogen as a part of decarbonisation strategies, Black & Veatch in 2021 joined the Hydrogen Council and was appointed advisor to the U.S. Department of Commerce’s Renewable Energy and Energy Efficiency Advisory Committee. The company’s most recent hydrogen successes include selection by Mitsubishi Power Americas and Magnum Development, co-developers of what will be the world’s largest industrial green hydrogen production and storage facility, to provide engineering, procurement and construction (EPC) services for that Advanced Clean Energy Storage project in Delta, Utah
About Mercury Renewables
Mercury Renewables has been developing renewable energy projects in the West of Ireland since 2009 with offices in Mayo, Ireland and U.K. The principals of Mercury have been involved in renewable energy developments Scotland, Chile, Egypt and Ireland, bringing together international best practice with deep local connections to the West of Ireland. Through the Firlough development, Mercury is looking to establish a local hydrogen economy that will directly benefit residents of Counties Mayo and Sligo as well as fostering further investment in the West of Ireland region.
About Black & Veatch
Black & Veatch is a 100-percent employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2021 exceeded US$3.3 billion. Follow us on www.bv.com and on social media.
Media Contact Information, Mercury Renewables:
BRIAN PURCELL | +353 (0) 1 775 9413 p | +353 353 87 9678921 m
| This email address is being protected from spambots. You need JavaScript enabled to view it.
Media Contact Information, Black & Veatch:
MALCOLM HALLSWORTH | +44 1483 319287 p | +44 7920 701764 m
| This email address is being protected from spambots. You need JavaScript enabled to view it.
24-HOUR MEDIA HOTLINE | +1 866 496 9149
DUBLIN--(BUSINESS WIRE)--The "Global Fracking Fluids and Chemicals Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
The global fracking fluids and chemicals market is expected to grow rapidly, owing to a shift in drilling wells from vertical to horizontal drilling, an increase in research and development initiatives for manufacturing environmentally friendly fluids and chemicals and expanding demand for power and fuels.
Fracking fluid is a chemical combination used in drilling operations to increase the number of hydrocarbons that may be extracted. The fluid protects the well against deterioration. Among other things, it lubricates the extraction process and avoids blockages and bacterial growth.
After oil and gas resource drilling is done, hydraulic fracturing fluid and chemicals are used. The conventional or non-conventional composition of oil and gas well fracturing involves adding fluid and chemicals to stimulate the oil and gas well. Hydraulic fracturing has allowed older oil and gas fields with high production rates to produce oil and gas more effectively. Hydraulic fracturing can also be employed to recover oil and gas from geological compositions that were previously impossible to reach. Fracking fluid and chemicals also help maintain stability by reducing pressure loss caused by friction.
Growth Drivers
The rising consumption of natural gas is predicted to be a major driver of growth in the worldwide fracking fluid and chemicals industry. Chemicals for fracking are blended with various additives based on the needs of the fracturing operation. As the drilling operation progresses, additives such as enzymes and oxidizers are inserted to allow fluid backflow. By weakening the gelling effect, oxidizers and enzymes reduce the viscosity of the fracturing fluid. Natural gas is commonly used in residential and commercial locations, primarily for heating.
However, natural gas is also used as a raw material in the industrial sector, for example, by fertilizer producers. The electrical industry is anticipated to be the primary user of natural gas. Natural gas is predicted to supply the world's growing electricity demand while emitting less CO2 than coal. Over the projected period, the market is likely to be driven by an increase in the usage of unconventional gas and oil resources such as shale and CBM.
Restraints
The global market is expected to be hampered by strong opposition because of the detrimental effects of hydraulic fracturing on the environment. Climate change, air pollution, increased earthquake risk, increased water usage, and water contamination are expected to be just a few of the market's main challenges.
The fracking fluid used has many harmful effects on the environment, due to which the usage of fracking fluid and chemicals is expected to impact the growth of the market. Hydraulic fracturing has been subject to stringent laws in several countries. This issue is also predicted to pose some challenges to market expansion.
COVID-19 Impact
The global Coronavirus (COVID-19) epidemic has impacted every aspect of life. Several changes in market conditions have resulted as an outcome of this. The COVID-19 epidemic prompted the imposition of strict lockdown laws, the shutdown of many activities, and travel restrictions in many countries, causing a halt in the import and export of fracking chemicals and fluids.
Market Segmentation:
By Fluid Type
By Well Type
By Application
By Geography
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/2gvcwn.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
DOHA, Qatar--(BUSINESS WIRE)--#AmericanAirlines--Cirium, the aviation analytics company, has developed an advanced methodology to provide a standard and accurate picture of CO2 emissions and fuel burn calculations per flight and aircraft seat.
Jeremy Bowen, CEO at Cirium said: “The level of precision and accuracy of Cirium’s CO2 emissions calculations far exceeds estimates generally available today.”
American Airlines and Virgin Atlantic Airways each have independently commended Cirium for the superior approach and accuracy of Cirium’s fuel burn estimations through their own extensive analysis.
Holly Boyd-Boland, Vice President, Corporate Development at Virgin Atlantic said: “Virgin Atlantic operates one of the youngest and most fuel-efficient fleets across the Atlantic. Accurate measuring, monitoring, and forecasting of CO2 emissions is critical as we target and monitor progress to Net Zero 2050, allowing us to better understand our environmental impact. Importantly, it also provides a tool to empower our customers to track and choose airlines with the lowest carbon footprint. Cirium is leading the way in this field, building data and forecasting capabilities that are the most accurate we have seen to date, as verified against our own historical fuel burn and emissions data.”
Jill Blickstein, Head of ESG, at American Airlines said: “To reduce our emissions and reach Net Zero by 2050, we’re taking action to run a more fuel-efficient operation with more fuel-efficient aircraft powered increasingly by low-carbon fuel. And we’re holding ourselves accountable by becoming the first airline in the world with a 2035 target validated by the Science Based Targets initiative. Reducing aviation’s emissions will require partnership among the airlines, our suppliers and our customers – and it’s important to build those partnerships on sound emissions data and calculations. Cirium brings deep aviation expertise to the table on this important topic, and the approach they’ve taken considers numerous variables of an aircraft and its operations.”
Cirium has fused numerous data elements including but not limited to, aircraft and engine specifications, airline schedules, and actual flight operations to create a holistic view of the actual emissions footprint. This enables Cirium clients to view the emissions by operator, aircraft type or geographical region and on a historical, or predictive basis, solving a variety of use cases.
“Our mission is to establish the standard for accurate fuel burn and carbon emissions data to empower the aviation industry to deliver on its sustainability targets. For the industry to achieve their goals of halving CO2 emissions by 2050 compared with 2005, a clear methodology is needed,” said Bowen. “We are thrilled to have our model corroborated by leading carriers around the globe.”
The emissions data can also be merged with passenger booking information to provide corporations with their carbon footprint. This enables corporations to gain more insight into their emissions and uncover where opportunities exist to reduce their emissions, and help travelers understand their own carbon footprint associated with the flights they choose.
Cirium’s unrivaled emissions data is being used by leading corporate travel departments, including organizations such as Zurich Insurance, a global insurance firm. Zurich is using Cirium’s calculations to measure their corporate travel emissions, explore opportunities to reduce emissions, and empower their employees to make better travel decisions.
Kara Brayton, Assistant Vice President, Head of Corporate Travel Management at Zurich said: “It’s been exciting to collaborate with Cirium under a proof-of-concept, utilizing data to help provide Zurich with insight to better inform our employees around the carbon impact of their decisions when booking airfare.”
“With travel being such a large category of emissions, these types of relationships are key to leading sustainable business travel programs of the future. I am thankful for Cirium’s willingness to engage and explore a personalized solution with us.”
Cirium’s CO2 emissions calculations are being made available through existing products in Cirium’s portfolio and in new products, to meet the evolving market needs.
Ends
About Cirium
Cirium brings together powerful data and analytics to keep the world moving. Delivering insight, built from decades of experience in the sector, enabling travel companies, aircraft manufacturers, airports, airlines and financial institutions, among others, to make logical and informed decisions which shape the future of travel, growing revenues and enhancing customer experiences. Cirium is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
For further information please follow Cirium updates on LinkedIn or Twitter or visit www.cirium.com
For media enquiries please contact:
Cirium PR: This email address is being protected from spambots. You need JavaScript enabled to view it.
The PC Agency (EMEA): This email address is being protected from spambots. You need JavaScript enabled to view it. or +44 207 768 0001
Juliett Alpha Media Relations (Americas): This email address is being protected from spambots. You need JavaScript enabled to view it.
TrainTracks (Japan): This email address is being protected from spambots. You need JavaScript enabled to view it.
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.