THE WOODLANDS, Texas--(BUSINESS WIRE)--#efrac--Evolution Well Services (“Evolution”) announces the extension of four separate long term electric hydraulic fracturing contracts across multiple customers, expanding partnerships as far out as 2024. The extensions serve to validate Evolution’s successful partnerships in Texas and Appalachia, as the company will continue to fully utilize its industry-leading electric fracturing technology for its customers. Together, with new technology and data driven initiatives, Evolution and its partners will continue working towards even lower carbon and higher efficiency operations.
Expanding these existing relationships reinforces the long-standing commitment of Evolution’s customers to lead the industry through ESG, data driven, and efficiency focused initiatives. These partnerships will introduce multiple industry-first technologies including an onsite battery energy storage system and a true zero-emissions turbine exhaust heat recycling system. These innovations highlight the partnership-focused engineered solutions being developed to perform the cleanest well completions in the industry and setting a new standard for environmental stewardship.
“Evolution is excited to both extend and expand our partnerships. These technical and operational accomplishments show the unique value and differentiation of our partner-focused culture and our strategy of being a fully integrated engineered solutions provider. We are proud of the successful team, technology, and operational excellence that we have developed over the course of our contracts, and we look forward to continual innovation to reduce greenhouse gas emissions while increasing operational efficiencies.” - Steven W. Anderson | President & CEO, Evolution
ABOUT EVOLUTION WELL SERVICES
Evolution Well Services is the largest and most experienced provider of electric hydraulic fracturing services. Since inception in 2011, the company has completed over 40,000 stages with its patented electric frac technology across the United States. The company is focused on advancing fracturing technology through digital transformation of the well site & lower carbon technologies. For more information, visit www.Evolutionws.com.
Nick Ruppelt
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DUBLIN--(BUSINESS WIRE)--The "Battery Energy Storage Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Battery Energy Storage Systems estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$12.9 Billion by 2026, growing at a CAGR of 26.1% over the analysis period.
Battery, one of the segments analyzed in the report, is projected to grow at a 27.8% CAGR to reach US$11.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Elements segment is readjusted to a revised 22.3% CAGR for the next 7-year period.
The Battery Energy Storage Systems market in the U.S. is estimated at US$1 Billion in the year 2021. The country currently accounts for a 27.61% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$2.4 Billion in the year 2026 trailing a CAGR of 32.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.5% and 25.7% respectively over the analysis period.
Within Europe, Germany is forecast to grow at approximately 24.3% CAGR while Rest of European market (as defined in the study) will reach US$709.3 Million by the end of the analysis period. North America is a key market for battery energy storage systems, stimulated by the growing adoption of renewable energy storage systems in the utility, non-residential, and residential sectors. In the region, lithium-ion battery storage systems are registering considerable demand, as they are increasingly being leveraged for storing energy from renewable energy sources.
In the Asia-Pacific, the growing focus on distributed power generation, and increasing renewable energy penetration are likely to aid market growth. Investments in energy storage are likely to rise considerably across the region, with governments formulating novel policies to enhance the quality and reliability of power distribution facilities for households.
Select Competitors (Total 85 Featured):
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/6u9kb4
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Datagration Solutions, Inc. ("Datagration" or the “Company") announced today that Dr. Jeff Spath has joined as an Executive Advisor. Datagration provides oil and gas companies with the tools they need to integrate and model data into meaningful insights and decisions daily.
As an Executive Advisor, Dr. Spath will join Datagration’s senior leadership, bringing decades of operational and technical experience in reservoir characterization, numerical and analytical modeling, and enhanced oil recovery (EOR).
Dr. Spath previously served as President of Schlumberger’s Reservoir Management Group and later as CEO of the Texas Oil & Gas Institute. He is a former distinguished lecturer for the Society of Petroleum Engineers, and was elected President of the SPE International in 2014.
“We are thrilled to have Jeff on board as an Executive Advisor; his technical expertise and well-established relationships will be a valuable asset to the team. Jeff’s network and industry contacts are unique and will assist us to strengthen and position Datagration’s market presence.” - Peter Bernard, CEO & Chairman, Datagration
Dr. Spath will play an important role in the continuous development of PetroVisor’s platform-native apps, as well as in influencing operational and process changes to help E&P companies meet their sustainability and production targets. PetroVisor improves modern business intelligence and assists E&P companies in optimizing their cloud and analytics investments by providing the first unified data model created for upstream oil and gas.
"I am excited to be joining the talented Datagration team to assist in the development and delivery of their unique and valuable solutions to E&P companies. Their one-of-a-kind combination of data integration, analytics, and modernized AI/ML applications will significantly improve process efficiency." – Dr. Jeff Spath
About Datagration
Datagration is the creator of the PetroVisor Platform. E&P companies around the world rely on the PetroVisor Platform to unify their data, analytics and ML initiatives. Our team of data scientists, engineers, and technologists work hand in hand with our customers to build a single source of truth used across the organization for data analysis, benchmarking, internal collaboration, financial analysis and more. To learn more about Datagration and the PetroVisor platform go to www.datagration.com.
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Extends the OPIS voluntary carbon pricing suite to 55 daily assessments and provides solutions to stakeholders targeting emission reductions
LONDON--(BUSINESS WIRE)--OPIS, an IHS Markit (NYSE: INFO) company, the leading benchmark provider for carbon and fuels markets data, has expanded its Global Carbon Offsets Report in response to demand for pricing transparency into carbon offsetting strategies.
Today, OPIS introduces the daily Carbon Neutral Fuels Index (OPIS CNFI) to offer a view into carbon-neutrality strategies across the energy industry by providing a comprehensive range of prices for the cost of offsetting fuels emissions through retiring carbon credits.
The OPIS CNFI includes the emissions offsetting price for 18 standard liquids and gaseous fuels, as well as the eight International Maritime Organization’s (IMO) shipping fuels, utilizing OPIS-derived carbon dioxide equivalent (CO2e) emissions factors from regulatory agencies.
OPIS is also launching a Core Carbon Credits (OPIS CCP) assessment in tandem with the new Carbon Neutral Fuels Index, providing a single price for standard carbon credits trading in the voluntary carbon market. The OPIS CCP reflects CORSIA-eligible credits, REDD+ credits, as well as other agriculture, forestry, and land use (AFLOU) credits.
The OPIS CCP average price was around $11.775/mt, with a low of $7.40/mt and a high of $16.15/mt around 8:30 a.m. ET.
Looking at liquified natural gas strategies, the average cost to attain carbon neutrality was $0.65/MMBtu, based on an OPIS CNFI LNG range of $0.41-$0.89/MMBtu. OPIS assessed DES Northeast Asia LNG prices for February delivery at $22.95/MMBtu on January 14. Taking these assessments into account, the average total cost of a carbon-neutral 3.5 Bcf-equivalent LNG cargo in Northeast Asia was around $82.6 million, with $2.3 million attributed to the cost of purchasing and retiring carbon credits.
“Carbon-neutral supply and shipping contracts are now a prevailing stop-gap measure while the world is retooled with low-carbon technologies and zero-emissions fuels,” said Fred Rozell, president, OPIS by IHS Markit. “Price clarity is imperative for negotiating a fair and competitive premium to existing commodities benchmarks for the cost of offsetting emissions.”
Resourceful fuels sellers entered the voluntary carbon market last year with a new decarbonization plan—procure offsets to create carbon-neutral services. The voluntary carbon market surpassed $1 billion in 2021 as the carbon abatement tactic spread across fuels sectors and the supply chain.
Carbon offsetting strategies emerged as the global energy transition gained traction in the past couple years, with countless corporations making plans for net-zero emissions during the next few decades. In the interim, fossil fuels continue to power the world, and eco-minded shareholders and customers seek emissions reduction solutions now with high-quality carbon credits.
To further expand the voluntary carbon market price suite and in acknowledgment of the importance of carbon credits’ quality in reaching environmental, sustainability and governance goals, OPIS has also launched a Climate Community and Biodiversity Standards (OPIS CCB) assessment. The OPIS CCB reflects the co-benefits price premium associated with Verified Carbon Units (VCUs) that are certified by Verra’s CCB Program.
The OPIS CCB assessment meets demand from environmental project developers to quantify the value associated with carbon credits that go beyond addressing climate change and carry Sustainable Development Goal (SDG) co-benefits.
The OPIS CCB average price was $2.25/mt, with a low of $2/mt and a high of $2.50/mt around 8:30 a.m. ET.
The new price assessments are published to the daily OPIS Global Carbon Offsets Report, which launched in December 2020 to meet the demand for benchmark pricing for voluntary carbon markets. The OPIS Global Carbon Offsets Report, along with the daily OPIS Carbon Market Report, provide the largest compliance and voluntary carbon market price suite by any price reporting agency in the world. OPIS’s robust and comprehensive coverage of the carbon markets enables global project developers, traders, marketers and investors to accurately identify a fair value for their assets and understand compliance costs associated with carbon and emissions programs.
OPIS carbon assessments reflect confirmed bids, offers and trades reported by approved traders, brokers and electronic platforms. Full details about the OPIS voluntary and compliance carbon methodologies can be found in OPIS Carbon Market Pricing.
For further information about the OPIS Global Carbon Offsets Report, contact Lisa Street, OPIS Director of Global Carbon Pricing, at This email address is being protected from spambots. You need JavaScript enabled to view it..
About OPIS (www.opisnet.com)
Oil Price Information Service (OPIS) by IHS Markit (NYSE: INFO) provides accurate pricing, real-time news and expert analysis across the global fuel supply chain, including the Spot, Wholesale Rack and Retail markets. OPIS and OPIS PetroChem Wire enable customers to buy and sell oil and gas products with confidence via easy access to transparent data, expert-level customer support, educational events and energy data solutions with Axxis Software and OPIS RetailSuite.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2022 IHS Markit Ltd. All rights reserved.
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DALLAS--(BUSINESS WIRE)--Rosewood Private Investments (“RPI” or “Rosewood”) is pleased to announce the acquisitions of American Petroleum Sales and Service (“AMPET”) and Petroleum Equipment Company, Inc. (“PECO”), which will be held under the new holding company, StationServ.
AMPET, headquartered in Southaven, Mississippi, is a petroleum equipment distributor with full-service installation, distribution, and servicing capabilities. Founded by Gary Murphy in 1990, the company operates out of four branch locations in Mississippi, Arkansas, and Tennessee.
Originally founded in 1944, PECO is a leading petroleum equipment distributor and service company based in Richland, Mississippi, with customers in multiple states in the Southeast. Forrest Rhemann is a third-generation owner and has served as the company’s CEO for nearly 40 years.
“By combining the businesses, we are able to extend the service offerings to both existing and new customer relationships. Additionally, we look forward to adding additional companies under the StationServ umbrella,” said G.T. Barden, Managing Director of RPI. “Gary and Forrest have worked to build diverse companies with strong teams and loyal customers, and we are excited to see the combined companies grow together.” Both sellers will remain involved in the business for a transition period.
AMPET and PECO are both distributors for the largest fuel dispenser OEM, Gilbarco. Their territories are geographically contiguous and will combine to allow the company to better service its customers.
Infinity Capital Partners served as exclusive investment banking advisor to Rosewood.
About Rosewood Private Investments
Rosewood has a long history of investing in and creating value within numerous industries. RPI’s approach to working with operating partners to strategically grow companies through acquisitions and organic means has proven successful for all stakeholders. Our current holdings are focused on industrial services, fire & life safety services, IT services, and manufacturing technologies. In addition to these areas, we are pursuing new platforms in specialty chemicals, transportation & logistics, and outsourced business services, among others. We welcome any information about investment opportunities within these verticals.
Visit www.rosewoodpi.com to learn more.
G.T. Barden, Managing Director 214-849-9048 This email address is being protected from spambots. You need JavaScript enabled to view it.
SINGAPORE--(BUSINESS WIRE)--Gen X Energy enters into a joint venture with ACE Enexor Inc., a subsidiary of AC Energy Corp., to develop Batangas Clean Energy, Inc.’s (“BCE”) 1,100 MW combined cycle power plant project. The project will be capable of using natural gas and green hydrogen as its fuel to provide firm power to the grid to meet the Philippines’ growing energy demand and reduce the country's reliance on coal fired power generation. The joint venture will result in Gen X Energy and ACE Enexor each holding a 50% interest in BCE.
Scott Kicker, Founder and Chief Executive Officer of Gen X Energy said, “We are excited about this opportunity to partner with ACE Enexor in the Philippines to meet the energy needs of the Philippines and facilitate the country’s transition to cleaner sustainable sources of energy.”
The project will be strategically located in the Batangas Bay Area of the Philippines, close to the load center of Metro Manila. Gen X Energy will continue holding a 50% interest in BCE through its wholly owned subsidiary Red Holdings B.V.
Media Enquiries:
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Gen X Energy
Phone # +65 6950 3859
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DUBAI, United Arab Emirates--(BUSINESS WIRE)--His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, presented awards to the 10 winners of the 2022 Zayed Sustainability Prize yesterday.
The Prize’s Awards Ceremony coincided with the start of the 2022 Abu Dhabi Sustainability Week (ADSW). The ceremony was also attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.
His Highness Sheikh Mohammed bin Rashid Al Maktoum congratulated winners across the five categories reaffirming the Prize’s key role in realising the aspirations of participants to achieve sustainable development within their communities.
This year, the Zayed Sustainability Prize, along with ADSW, joined forces with Expo 2020 Dubai for hosting the ADSW Opening Ceremony and the 13th edition of the Prize’s Awards Ceremony, both of which took place on the morning of Monday, 17th January at the Dubai Exhibition Centre. The event brought thousands of attendees and more than 600 VIPs from around the world together, including heads of state, government ministers, industry leaders and country ambassadors, amongst others.
In his remarks on the Awards Ceremony, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said: “The UAE continues to make important strides and contributions to advancing the global sustainability agenda to stimulate economic and human sustainable development, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The Zayed Sustainability Prize remains at the forefront of these efforts as it continues to set the course for alleviating hardships and improving lives by rewarding impact and innovation through a platform that can reach a much larger number of beneficiaries.”
His Highness Sheikh Mohammed bin Rashid highlighted the support, involvement and directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, while underscoring how the hosting of the Awards Ceremony at Expo 2020 Dubai coupled with the recent announcement of the Principles of the 50, which marked the UAE’s Golden Jubilee last month, provide an optimal backdrop to this year’s awards, as all these national efforts share one single goal – to create a more sustainable future for all.”
His Highness continued: “Over the last 14 years, the wise and long-term vision and legacy of the UAE’s Founding Father, Sheikh Zayed, has ignited the passions of millions of sustainability pioneers the world over, inspiring us to take the Prize to new heights by strengthening and diversifying its offerings to become the all-encompassing award it is today.”
The event was also attended by H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior; H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs; H.H. Sheikh Hamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council; and Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, in addition to various heads of state, ministers, and other senior-level dignitaries from the UAE and abroad, in addition to past winners, and the 2022 finalists.
The USD 3 million Prize is the UAE’s pioneering sustainability award that recognises small to medium-sized enterprises (SMEs), non-profit organisations (NPOs), and global high schools for their innovative, impactful, and inspirational sustainability and humanitarian solutions. Through its 86 former winners, the Prize has transformed the lives of more than 370 million people, across 150 countries, since 2008. In the Health, Food, Energy, and Water categories, each winner receives USD 600,000, while the Global High Schools category has six winners, representing six world regions, with each winner receiving up to USD 100,000.
In terms of the Global High School category, His Highness highlighted the importance of strengthening the youth’s capacity as a driving force for future sustainable development to shape tomorrow’s leaders and effectively empower them to play a larger role in advancing their impact on socio-cultural and economic development, in a rapidly changing world.
On a broader level, His Highness also praised the level of foresight and sophistication that many of the student-led proposals displayed, noting their potential impact on an individual, community and global level.
In the ‘Health’ Category, Argentina’s Mamotest was awarded the Prize for its efforts to increase access to diagnoses and life-saving services in tele-radiology and remote analysis. Mamotest is currently deploying centres that are providing 582,697 beneficiaries affected by breast cancer access to quality healthcare, with plans to scale this to over 1 million people over a period of five years. Mamotest also enjoys robust patient-journey follow up as 87% of women diagnosed within their system could receive lifesaving treatment on time. Furthermore, Mamotest has successfully carried out more than 5,000 diagnoses to date while creating awareness in millions of women.
S4S Technologies from India was the ‘Food’ category winner for its important work in food preservation and dehydration systems. They currently directly impact 35,820 people and the SME plans to scale this to 10 million individuals over the course of five years.
The organisation is committed to empowering rural women and harnessing new technology to reduce food waste and improve income for farmers and is deploying solar-powered technology to help women farmers increase their earnings. As part of its commitment to supporting Gender Equality, backed by economic opportunities, S4S Technologies has provided additional income to 455 women farmers turned micro-entrepreneurs, increasing their profit between 50 to 200%, annually.
In the Energy category, the Bangladesh-based SOLshare created an interconnected microgrid for peer-to-peer energy exchange networks to enable more efficient distribution of electricity across rural communities in the country. The organisation won the 2022 award for its efforts in energy management as it currently benefits a total of 35, 300 people with plans to expand reach to 2 million people in the next five years.
SOLshare is providing more than 1,000 households with access to over 85 MWh of additional clean energy and serves approximately 500 entrepreneurs within their grids, of which 25% are women who experience significant income rises as a result.
Wateroam, an SME from Singapore, secured the ‘Water’ category win for its commitment to tackling the global challenge of contaminated water through portable water filters to serve disaster-hit and rural communities. Wateraom’s safe drinking water solutions are benefitting more than 150,000 people across 38 countries globally with daily access to clean drinking water and has plans to expand its reach to 1 million people over a period of five years.
The Chair of the Jury and former President of the Republic of Iceland, Ólafur Ragnar Grímsson, said: “The level of creativity, vision and potential scale outlined by this year’s winners has been truly remarkable and uplifting as the sustainability world looks to the future through a more challenging, yet determined prism. We are confident that all these winners will set the cornerstones for future economic growth and prosperity for vulnerable communities, within and beyond their borders, while also significantly contributing to key United Nations Sustainable Development Goals.”
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Director General of the Zayed Sustainability Prize said: “Following the guidance of the UAE’s wise leadership and the enduring legacy of the late Sheikh Zayed, the Prize continues to deliver real, meaningful, and long-term impact to numerous communities around the world. This has earned the Prize a global reputation as a catalyst for change for over a decade, as it has to date benefited the lives of more than 370 million people.”
H.E Al Jaber added, “The hosting of the Zayed Sustainability Prize Awards Ceremony along with the opening of ADSW at Expo 2020 Dubai reinforces the UAE’s commitment to sustainable and humanitarian development, which characterises the country’s progressive, inclusive model for economic growth.”
“Thanks to our current roster of 96 winners and their shared commitment to building a better world, communities who were living in the dark have been illuminated through essential solar lighting, millions of children are accessing safe drinking water, hunger and malnutrition are being combatted through sustainable food solutions, and access to life-saving healthcare in remote parts of the world is being optimised.”
The Prize’s Director General concluded his remarks by underscoring the amplified impact and geographic reach that the Prize has achieved through the UAE-driven ‘Beyond2020’ humanitarian initiative. Beyond2020 has been donating critical sustainability solutions developed by past winners and finalists to vulnerable communities in various parts of the world, and in cooperation with several leading Emirati and international partners.
In the Global High Schools category, six schools, each representing a world region, receive an award and high schools submit project proposals to build or augment a solution they developed for their school or local community. The objective of this category, introduced to the Prize in 2012, is to inspire the young people to become pioneers, innovators and sustainability advocates who will contribute to a more sustainable future.
The recipients of the 2022 awards are Instituto Iberia (Dominican Republic), representing The Americas; Liceo Europeo (Spain), representing Europe & Central Asia; Eastern Mediterranean School (Israel), representing the Middle East & North Africa region; Sayidina Abubakar Secondary School (Uganda), representing Sub-Saharan Africa; Hira School (Maldives), representing South Asia, and finally, UWC ISAK (Japan) from the East Asia & Pacific region.
About the Zayed Sustainability Prize
Established by the UAE leadership in 2008 to honour the legacy of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, the Zayed Sustainability Prize is the UAE’s pioneering global award for recognising small to medium-sized enterprises (SMEs), non-profit organisations (NPOs), and global high schools for their innovative, impactful, and inspirational sustainability and humanitarian solutions around the world.
The Zayed Sustainability Prize acknowledges and rewards global pioneers and innovators who are committed to accelerating impactful sustainable solutions.
Over the past 14 years, the Prize has awarded 96 winners. Collectively, they have positively impacted the lives of more than 370 million people around the world. The Zayed Sustainability Prize categories are Health, Food, Energy, Water and Global High Schools.
For more information, please visit www.ZayedSustainabilityPrize.com or go to our social media platforms on, Twitter, Facebook, Instagram, YouTube.
*Source: AETOSWire
Medhat Juma
Hill+Knowlton Strategies
T: +971 561399482
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Erika Spagakou
Hill+Knowlton Strategies
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DUBLIN--(BUSINESS WIRE)--The "Vacuum Pump Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The global vacuum pump market was valued at USD 5.14 billion in 2020. It is expected to reach a value of USD 8.01 billion by 2026, registering a CAGR of 7.41% over the forecast period (2021-2026).
Companies Mentioned
Key Market Trends
Oil & Gas Sector is Expected to Hold Significant Market Share
North America Accounts For Largest Market Share
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.3 Industry Value Chain Analysis
4.4 Industry Policies
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Popularity of MEMS Technology
5.1.2 Increasing Demand for Dry Vacuum Pump
5.2 Market Challenges
5.2.1 High Cost and Compatibility Issues
6 IMPACT of COVID-19 ON THE MARKET
7 MARKET SEGMENTATION
7.1 By Type
7.2 By End-user Application
7.3 By Geography
8 COMPETITIVE LANDSCAPE
8.1 Company Profiles
9 INVESTMENT ANALYSIS
10 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/dw1ikq
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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High-efficiency floodlight offers 3000K, 4000K and 5000K switch with the flexibility to adjust wattage from 49 to 70 watts to ensure optimal 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 Floodlight to offer precise security and general area illumination for commercial buildings and can also be used for advertising or as landscape lighting. The new LED floodlight allows facilities the flexibility of switching between three temperatures (3000K, 4000K and 5000K) at the time of installation and four wattages (49, 56, 63 and 70 watts) to ensure the proper lighting for improved visual acuity and enhanced security.
The flexible Color & Wattage Selectable LED Floodlight delivers a highly efficient 135 lumens per watt with an 80 CRI. Set at 49-, 56-, 63- or 70-watts, the floodlight produces 6650, 7600, 8550 and 9500 initial lumens, respectively. It has a 150° beam angle and accepts 120 – 347-volt AC power supply.
Designed for exterior security lighting on office buildings, hospitals, municipalities, manufacturing facilities, schools, warehouses and other commercial structures, the Color & Wattage Selectable LED Floodlight is IP65 rated for wet applications. The floodlight has a durable, high-quality, textured architectural bronze powder coat finish with a high impact acrylic lens for long-term performance. It comes with a standard knuckle joint; plus, a yoke mount is available.
A DLC® premium product, the Color & Wattage Selectable LED Floodlight is cUL, RoHS and UL certified to comply with North American safety standards. The easy-to-install light will perform in temperatures ranging from -40°F to 131°F with a rated performance life of 50,000 hours and comes with a five-year limited warranty. The floodlights may be accepted for utility rebates in many markets.
For more information about the Color & Wattage Selectable LED Floodlight, visit EarthTronics at https://www.earthtronics.com/product/9950-lumens-70-watt-led-color-selectable-floodlight/.
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 Communications
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As the sixth most-funded project ever in the history of Kickstarter, the DELTA Pro broke records to raise over €10.6 million
PARDUBICE, Czech Republic--(BUSINESS WIRE)--#PortablePowerStation--EcoFlow, a portable power and renewable energy solutions company, has launched the industry-leading DELTA Pro portable home battery in Europe. Originally a Kickstarter campaign, it smashed records to become the most-funded tech project at the time and still ranks sixth among all projects to date.
With a base capacity of 3.6kWh and expandable to 25kWh, the DELTA Pro is the industry’s first portable home battery and can provide multiple days’ worth of backup energy to families in the case of emergencies. In September 2021, EcoFlow launched the DELTA Max and the DELTA mini in Europe, both of which are designed to offer backup power for shorter blackout periods.
“DELTA Pro’s highly successful Kickstarter campaign overwhelmingly demonstrates the consumer desire for portable clean energy power and storage solutions,” said Thomas Chan, R&D Director at EcoFlow. “Reliable access to power is front-of-mind for consumers, as rising cases of extreme weather and power outages emphasize the need for greater preparation and sustainable power sources. EcoFlow strives to ensure that consumers and their families feel ready and secure, and it is this very purpose that inspires us to innovate and provide even safer and more reliable power solutions.”
Reliable and Renewable: The Ultimate Emergency Power Solution
Providing a dependable power solution that enables disaster preparedness lies at the heart of EcoFlow’s DELTA series. “EcoFlow is determined to take on a bigger role in disaster preparedness, not just by providing resilient technology but also by giving people the proper knowledge and tools so that they can always have peace of mind,” said Chan.
This purpose has clearly resonated with consumers. When the company launched a crowdfunding campaign for the DELTA Pro on Kickstarter in July 2021, it raised $1 million (approx. €0.84 million) within the first 10 minutes. At the end of the two-month campaign, over $12 million (approx. €10.6 million) had been raised, breaking Kickstarter’s then-record by over $4.3 million (approx. €3.8 million) to become the most-funded tech project at the time. Today, the Delta PRO crowdfunding campaign still ranks sixth among all Kickstarter projects.
In November, TIME named the DELTA Pro as one of the 100 Best Inventions of 2021, which honors innovations “that are making the world better, smarter, and even a bit more fun.” Recognized in the Sustainability category, EcoFlow was noted for its pioneering product development.
As the first product of its kind, the EcoFlow DELTA Pro represents a significant step towards the company’s ambitious vision of empowering sustainability by providing a robust, low-carbon, and renewable energy solution for individuals, households, and industries alike.
About EcoFlow
EcoFlow is a portable power and renewable energy solutions company. Since its founding in 2017, EcoFlow has provided peace-of-mind power to customers in over 85 markets through its DELTA and RIVER product lines of portable power stations and eco-friendly accessories. EcoFlow’s mission is to reinvent the way the world accesses energy by innovating lighter-weight and longer-lasting clean, quiet, and renewable power storage solutions. EcoFlow’s products are now available in 35 countries and regions across Europe, supported by a network of over 300 local retailers.
For more information, please go to EcoFlow’s website.
Media
EcoFlow Greater Europe PR
Donna Ding
+1 (800)-368-8604 Mon-Fri 9 am-9 pm (EST)
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WALTHAM, Mass.--(BUSINESS WIRE)--#energy--Opinion Dynamics is pleased to introduce Jordan Wilkerson as the Vice President of Technical Strategy. A multidisciplinary engineer and proven leader, Jordan brings deep, diverse, and relevant energy industry experience solving critical energy and environmental challenges to this new role. As Vice President of Technical Strategy, Jordan will work in partnership with Opinion Dynamics’ exceptional Data Analytics, Data Management, and Business Development leadership to steer data-driven expansion of technical and analytic solutions to help support evolving client needs and strategic company growth.
“I’m thrilled that Jordan has joined Opinion Dynamics,” said Bill Norton, President and Chief Operations Officer of Opinion Dynamics. “With Jordan focused on driving collaboration across the leadership of our Data Management, Data Analytics, and Engineering teams we’re incredibly well positioned to define, develop, and deploy bespoke analytic and technical solutions required to address the emerging needs of our clients.”
“I am excited to work alongside so many smart and thoughtful colleagues at Opinion Dynamics,” said Opinion Dynamics Vice President of Technical Strategy, Jordan Wilkerson. “I look forward to helping this team continue to find challenging and rewarding solutions to energy industry issues and developing strategies for the future.”
About Opinion Dynamics – Opinion Dynamics works to advance knowledge to address emerging energy and social issues through sound and insightful research. It is the largest independently owned company that focuses on energy efficiency, transportation electrification, beneficial electrification, and flexible load. It is headquartered in Massachusetts with offices in Northern and Southern California, and Portland, OR, as well as satellite offices throughout the country. For more information, please visit www.opiniondynamics.com.
Media Contact:
Keri Bailey, Communications Manager
PH: 617-492-1400 x4645
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DUBLIN--(BUSINESS WIRE)--The "Solar Powered ATM Market By Component, Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
Solar-based automated teller machine (ATM) is a banking outlet, which facilitates banking services without the requirement of branch representative and runs through solar power. It helps the customers by providing banking services, including fast withdrawal, deposit, and mini statements. Furthermore, it also helps customers to avail banking services in areas where availability of electricity is minimal.
Growing demand and increase in need of continuous electricity supply technology among banks and financial institutions and rise in power cut issues in rural areas are boosting the growth of the global solar powered ATM market. In addition, rapid adoption of solar power ATM among banks across the U.S. and Canada has positively impacted the growth of the market. However, lack of awareness toward solar powered ATM hampers the market growth. On the contrary, increase in key player initiatives, such as product launch, product development, and partnership, is expected to offer remunerative opportunities for expansion of the market during the forecast period.
The global solar powered ATM market is segmented on the basis of component, type, end user, and region. By component, the market is bifurcated into deployment and managed service. By type, it is categorized into on-site, off-site, and others. By end-user, the market is divided into banks and bank service agent Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
Market Dynamics
Drivers
Restraint
Opportunity
Key Segments
By Component
By Type
By End User
By Region
Key Market Players
For more information about this report visit https://www.researchandmarkets.com/r/bjc71
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Engineering R&D Center to be setup in Krakow, Poland to service global customers
BENGALURU, India--(BUSINESS WIRE)--#AmitChadha--L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been awarded a deal worth USD45 million from a U.S. based automotive Tier 1 company, to be its strategic engineering partner and provide engineering services for its Electric Vehicle (EV) product portfolio.
Under the terms of the 5-year agreement, LTTS will work with the customer to deliver solutions leveraging its e-mobility technology competence. Notably, this will be delivered from LTTS’ ER&D center in Krakow, Poland.
LTTS plans to have over 300 engineers working from its Krakow, Poland center in the next 3 years, marking its expansion into Eastern Europe.
Amit Chadha, CEO & Managing Director, L&T Technology Services said, “We have been investing in Electric, Autonomous and Connected Vehicle (EACV) as part of our 6 big bets and our engineers have developed several new scalable e-mobility solutions that can accelerate global automotive players’ EV development journey.
This landmark deal reinforces that our strategic investment is paying off and establishes LTTS’ dominant position in the EACV landscape. The Krakow R&D center will serve as a nearshore center to Western European and North American clientele across verticals.”
Over the past year, LTTS has been recognized for its proficiency in the EACV space by global analysts. LTTS has been recognized as a Leader in Everest Group’s Autonomous, Connected, Electric & Shared Mobility Automotive Engineering study. Zinnov Zones ER&D Services Report rated LTTS as a Leader in Telematics and ADAS as well as an overall Leader in the Automotive vertical. ISG Group also rated LTTS as a Leader in Smart Manufacturing Services for Automotive domain.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 20,100 employees spread across 17 global design centers, 28 global sales offices and 79 innovation labs as of December 31, 2021. For more information please visit https://www.ltts.com/
Sayanti Chakraborty
L&T Technology Services Limited
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T: +91-80-67675168
Aniruddha Basu
L&T Technology Services Limited
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T: +91-80-67675707
TULSA, Okla.--(BUSINESS WIRE)--Alliance Resource Partners, L.P. (NASDAQ: ARLP) will report its fourth quarter 2021 financial results before the market opens on Monday, January 31, 2022. Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day.
To participate in the conference call, dial (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the “investor information” section of ARLP’s website at http://www.arlp.com.
An audio replay of the conference call will be available for approximately one week. To access the audio replay, dial U.S. Toll Free (844) 512-2921; International Toll (412) 317-6671 and request to be connected to replay using access code 13726195.
About Alliance Resource Partners, L.P.
ARLP is a diversified natural resource company that generates operating and royalty income from coal produced by its mining complexes and royalty income from mineral interests it owns in strategic oil & gas producing regions in the United States, primarily the Permian, Anadarko and Williston basins.
ARLP currently produces coal from seven mining complexes it operates in Illinois, Indiana, Kentucky, Maryland and West Virginia. ARLP also operates a coal loading terminal on the Ohio River at Mount Vernon, Indiana. ARLP markets its coal production to major domestic and international utilities and industrial users and is currently the second largest coal producer in the eastern United States.
In addition, ARLP also generates income from a variety of other sources.
News, unit prices and additional information about ARLP, including filings with the Securities and Exchange Commission ("SEC"), are available at http://www.arlp.com. For more information, contact the investor relations department of ARLP at (918) 295-7674 or via e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..
Brian L. Cantrell
Alliance Resource Partners, L.P.
(918) 295-7673
TAMPA, Fla.--(BUSINESS WIRE)--#energy--Skyway Capital Markets, LLC (“Skyway”) is pleased to announce the sale of Florida-based Go Solar Power, LLC (“Go Solar” or the “Company”) to Service Experts Heating & Air Conditioning, LLC (“Service Experts”), a portfolio company of global infrastructure investor Brookfield Infrastructure Partners (“Brookfield Infrastructure”). Skyway Capital Markets served as the exclusive investment banker to Go Solar for this transaction.
The acquisition will allow the two complementary and innovative organizations to add additional product lines and service capabilities for customers across the United States. Together, the two organizations provide a full range of solar, heating, plumbing and air conditioning products, installation, and repair capabilities.
Headquartered in Florida, Go Solar is a leading solar, battery, and roofing contractor for homeowners and building owners across seven states. Go Solar Power provides a holistic energy approach analyzing energy consumption, energy efficiency opportunities, demand charges, age of the roof, and more. Go Solar is a full service, turnkey contractor offering sales, design, engineering, operations, installation, service, and financing. With over 3,000 solar installations, Go Solar was rated #100 on the Inc. 5000 fastest growing companies, the highest ranked Solar Contractor on the list.
Go Solar will continue to operate under the Go Solar Power name and will be branded as a Service Experts company. The Boca Raton, Florida office will remain open and Court Weisleder, will serve as Manager of the Go Solar business unit.
Andrew Fenton, Managing Director at Skyway Capital Markets, commented, “It was great to represent a visionary entrepreneur such as Court who is truly a pioneer in the solar power industry. We work across a variety of sectors, but it’s incredibly rewarding to see how Skyway’s unique approach can particularly benefit home services focused clients. The exceptional outcome Skyway achieved for Court and his team is a great example.”
Skyway Capital Markets Senior Managing Director, Michael Faraone, added, “We are seeing a tremendous amount of interest in the solar space of late. Having a firm such as Brookfield Infrastructure, one of the largest and most successful infrastructure investors in history, entering the space is a great testament to how much opportunity there is in the solar industry.”
Skyway Capital Markets, LLC is a leading M&A advisor to closely held, founder-owned, and family-owned middle-market businesses.
About Skyway Capital Markets
Skyway Capital Markets is a nationwide, market-leading, award winning boutique investment bank. The firm works with middle market companies, public and private, through customized financial advisory services including corporate finance, capital raises, public and private offerings, mergers & acquisitions, fairness opinions, restructurings, and recapitalizations. Skyway Capital Markets is headquartered in Tampa, Florida and is a member of FINRA and SIPC. For additional information, please visit www.skywaycapitalmarkets.com.
Michael Faraone, Senior Managing Director
Phone: 727.776.7465
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Andrew Fenton, Managing Director
Phone: 813.298.2523
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The new club will open on Friday, January 21 and will be the company’s 34th club to open in Florida.
WESTBOROUGH, Mass. & PORT CHARLOTTE, Fla.--(BUSINESS WIRE)--BJ's Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs in the Eastern United States, announced today that its newest club in Port Charlotte, FL, will open on Friday, January 21, 2022. The opening will bring the retailer’s total number of U.S. locations to 225.
The new club will have a BJ's Gas location on-site and offer members everyday low fuel prices with the BJ’s Gas Saving Program. The Port Charlotte BJ’s Gas location marks the company’s 155th gas station and includes 12 fueling positions, offering regular, premium and diesel fuels.
“We’re excited to expand our footprint in Florida, with the opening our new club in Port Charlotte,” said Angel Gual, Club Manager of BJ’s Wholesale Club in Port Charlotte. “We’re looking forward to bringing BJ’s outstanding offerings to Port Charlotte and the surrounding community. We can’t wait for our doors to open on Friday and serve our members and community in this new year.”
BJ’s members can choose from a variety of convenient shopping options like curbside pickup, pick up in-club, same-day delivery, delivery from BJs.com and shopping in-club. Plus, BJ’s helps members save time and money by offering unbeatable value on everything they need in an easy one-stop shop.
The new club is located at 19150 Quesada Avenue in Port Charlotte. As members can expect from all BJ’s clubs, this location will feature a vast selection of fresh foods and produce, a full-service deli, household essentials, pet supplies and various exclusive offerings. The club will also delight shoppers with the treasure-hunt experience that BJ’s members know and love with an assortment of seasonal items, home décor, fashion for the family, toys, hot tech, and a selection of local products. The Port Charlotte club will also feature ways for members to save even more time with the use of BJ’s ExpressPay, allowing members to skip the checkout line by scanning their cart and paying for their purchase through the BJ's app.
BJ’s is offering a limited time Founding Member offer for local shoppers interested in joining the club now through January 20, 2022. Local shoppers can sign up for a one-year BJ’s Inner Circle membership with BJ’s Easy Renewal for $55 and get a $40 digital BJ’s Gift Card loaded to your Membership Card. Additionally, local shoppers can sign up for a one-year BJ’s Perks Rewards membership with BJ’s Easy Renewal for only $110 and get an $80 digital BJ’s Gift Card loaded to your Membership Card. Plus, BJ’s Perks Rewards members earn 2% cash back on most BJ’s purchases.
Local shoppers interested in learning more about BJ’s Wholesale Club and signing up for a membership can visit BJs.com/PortCharlotte, or sign up in person at the club.
BJ’s members can always expect:
All BJ’s memberships are subject to BJ’s current membership terms, ask in-club or go to BJs.com/terms.
‡Offer is valid for the Port Charlotte club only, may not be combined with other offers, not redeemable for cash, nontransferable and only good for new Members. Plus sales tax where applicable. Offer is contingent upon your enrolling in BJ’s Easy Renewal, and you authorize BJ’s to charge the debit/credit card first used at BJ’s after accepting this offer, an annual recurring charge in the amount of the then-current Membership fee for all active Memberships on your account, plus tax where applicable, on the first day of the month your Membership expires. Expires: 1/20/2022.
*BJ’s Perks Rewards Members earn 2% cash back on most BJ’s purchases. Awards are issued in $10 increments, are used at checkout at BJ’s and expire 6 months from the date issued. Cash back can be requested in the form of a check prior to Awards expiring by contacting Member Care at 800-BJS-CLUB. My BJ’s Perks® Program is provided by BJ’s Wholesale Club, Inc. and its terms may change from time to time. Some exclusions may apply. Visit BJs.com/terms for Program Terms.
**Same-day delivery is not available in all ZIP codes. Visit BJs.com/SameDayDelivery to determine if same-day delivery is available in your location.
About BJ's Wholesale Club Holdings, Inc.
Headquartered in Westborough, Massachusetts, BJ's Wholesale Club is a leading operator of membership warehouse clubs in the Eastern United States. The company currently operates 224 clubs and 154 BJ's Gas® locations in 17 states.
The Company’s common stock is traded on the New York Stock Exchange (NYSE: BJ).
Kyle Byrnes
Corporate Communications & Community Affairs
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860-874-4396
ROUSH CleanTech first to earn the optional ultra-low nitrogen oxide CARB certification for 2022 model year with its Gen 5 propane engine
NEWS HIGHLIGHTS
LIVONIA, Mich.--(BUSINESS WIRE)--ROUSH CleanTech is the first original equipment manufacturer to receive California Air Resources Board’s 0.02 grams per brake horsepower-hour certification for 2022 model year vehicles. The optional ultra-low CARB certification is 90% cleaner than current emissions standards for nitrogen oxides.
The new engine certification covers ROUSH CleanTech Gen 5 propane engines for Blue Bird school buses.
Propane is well established as an economical, clean and domestically produced alternative fuel for school buses. “Blue Bird is the leader in clean emissions school buses with over a decade of selling experience, and more than 20,000 clean and cost-reducing propane school buses on the road,” said Matthew Stevenson, president and CEO of Blue Bird Corporation. “Equipping our buses with the lowest nitrogen oxide propane engine is great news for the environment, our customers and our children.”
Nitrogen oxides, known as NOx, are a group of gases known as a primary contributor to acid rain, smog and other air quality issues. According to the Environmental Protection Agency, exposure to NOx can trigger health problems, such as asthma and other respiratory issues, especially in children.
“Since the introduction of our Ford 7.3L V8 propane engine in 2020, our team has worked tirelessly to gain this emissions certification,” said Todd Mouw, president of ROUSH CleanTech. “We remain committed to providing cost-efficient, advanced vehicle solutions for the school bus market that reduce environmental impact.”
This is the second time ROUSH CleanTech has earned the ultra-low NOx certification, previously for its 6.8L V10 propane engine in 2018. The certification is part of a proposed federal emissions regulation that goes into effect in 2027. “We didn’t wait for the regulation to go into law. We’ve already achieved it,” Mouw added.
Blue Bird propane school buses equipped with the ultra-low NOx engines will provide school districts and school bus contractors multiple advantages in seeking funding from the new Infrastructure Investment and Jobs Act’s Clean School Bus Program. The provision provides $2.5 billion for the purchase of low- and zero-emission school buses, including propane which is identified in the legislation as an emerging alternative fuel. Funding is slated to be released beginning in 2022 and continuing through 2026, with project implementation as soon as next year.
About Blue Bird Corporation: Blue Bird (Nasdaq: BLBD) is the leading independent designer and manufacturer of school buses, with more than 550,000 buses sold since its formation in 1927 and approximately 180,000 buses in operation today. Blue Bird’s longevity and reputation in the school bus industry have made it an iconic American brand. Blue Bird distinguishes itself from its principal competitors by its singular focus on the design, engineering, manufacture and sale of school buses and related parts. As the only manufacturer of chassis and body production specifically designed for school bus applications, Blue Bird is recognized as an industry leader for school bus innovation, safety, product quality/reliability/durability, operating costs and drivability. In addition, Blue Bird is the market leader in alternative fuel applications with its propane-powered, electric and compressed natural gas-powered school buses. Blue Bird manufactures school buses at two facilities in Fort Valley, Georgia. Its Micro Bird joint venture operates a manufacturing facility in Drummondville, Quebec, Canada. Service and after-market parts are distributed from Blue Bird’s parts distribution center located in Delaware, Ohio. For more information on Blue Bird’s complete line of buses, visit www.blue-bird.com.
About ROUSH CleanTech: ROUSH CleanTech, an industry leader of advanced clean transportation solutions, is a division of the global engineering company Roush Enterprises. ROUSH CleanTech develops propane autogas and electric propulsion technology for medium-duty Ford commercial vehicles and school buses. With more than 37,000 vehicles on the road, the Livonia, Michigan-based company delivers economical, emissions-reducing options for fleets across North America. Learn more at ROUSHcleantech.com or by calling 800.59.ROUSH.
Marketing
Gregg Voss | TSN Communications
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Investor Relations
Mark Benfield | Blue Bird Corporation
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Fortress UAV is proud to announce a partnership with BTE Inc. – New Renewable Energy.
PLANO, Texas--(BUSINESS WIRE)--Established in 2017, Fortress UAV is the leader and most comprehensive partner in UAS deployment and operational drone services for OEMs (original equipment manufacturers), enterprises, and public safety agencies. By providing UAS logistics, fleet management, field services, technical support, repair, and preventative maintenance, customers rally behind Fortress UAV’s all-in-one service approach. Fortress UAV’s diversified capabilities, engineering intimacy and deep experience have led Fortress UAV to expand what’s possible for the drone industry.
Recently launched in 2021, BTE is an eco-friendly energy company that provides research and furthers the development of hydrogen fuel cells & hydrogen energy solutions. BTE is quickly establishing itself as a leader of the hydrogen revolution by incorporating an integrated system of hydrogen fuels cells that efficiently charge, store, and distribute hydrogen energy, thus providing carbon neutralized energy recycling solutions based on energy management technology.
BTE’s central product, the BHR-350, is a mobile hydrogen charging station optimized for various hydrogen fueled solutions such as drones, forklifts, bikes, and boats. The all-in-one system is a hydrogen cooler, dispenser, tank, compressor, and controller. It is both small and light weight with automatic operations and remote control. Even more impressive is the high level of security established with protection from temperature, fire detection, and pressure control.
BTE is based on South Korea with their technology certified by Korean institutes. With deployment in South Korea already established and in progress, their next focus will shift to the United States.
U.S. based Fortress UAV will be providing an array of OEM deployment and supporting services for BTE including, but not limited to logistics, warehousing, repair, preventative maintenance, customer service, technical assistance center, sales and marketing services, and professional services for BTE’s United States efforts.
Fortress UAV is looking forward to once again providing critical support for another essential player in the hydrogen revolution. As Fortress UAV CEO, Brendon Mills, stated, “We are excited to help BTE further expand their efforts in the U.S. The hydrogen revolution is upon us, we are proud to partner with the leaders charging the way.”
BTE U.S. Leader, Paul Shim, stated the following regarding their partnership with Fortress UAV, “We are beyond excited to partner with the best, Fortress UAV, as we enter the U.S. market. Not only are they a chosen partner for many UAS manufacturers, their services are world-class.”
Exciting things are headed for both Fortress UAV and BTE. Partnering with Fortress UAV, BTE is sure to have a dedicated, hard-working, trusted partner to help fuel their business.
To learn more about Fortress UAV’s critical drone support service, please click here.
To learn more about the renewable energy BTE is providing, please click here.
Media Contact
Morgan Brown
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214.453.5600
Agreement Will Deliver Power From One of the Region’s Largest Renewable Resources to Twin Cities via High-Voltage Direct-Current Transmission Line
CHARLOTTESVILLE, Va. & MAPLE GROVE, Minn.--(BUSINESS WIRE)--Great River Energy has reached an agreement in principle with Apex Clean Energy to receive renewable energy from a 400 megawatt (MW) wind energy project in McLean County, North Dakota.
The Discovery Wind project, expected to reach commercial operations in 2025, will be the single largest wind project in North Dakota and will deliver renewable energy over the 436-mile high-voltage direct-current (HVDC) transmission system.
The project will fulfill a significant portion of the renewable energy needs for Great River Energy’s power supply transition and deliver wind energy west of the Twin Cities. The electric cooperative announced in 2020 plans to phase out the remaining coal in its power supply portfolio and more than double its renewable energy.
“We are transforming the way we produce electricity and serve our member-owner cooperatives,” said Great River Energy President and Chief Executive Officer David Saggau. “Our members will enjoy stable wholesale electric rates for years while providing clean and reliable energy to Minnesota and parts of Wisconsin.”
Great River Energy is also converting the coal-based Spiritwood Station power plant located near Jamestown, North Dakota, to be fueled primarily with natural gas and developing a 1 MW, multi-day grid battery in Cambridge, Minnesota.
Great River Energy has long had operations in McLean County through its 1,100 MW Coal Creek Station power plant and the western terminus of the HVDC transmission system. Great River Energy is in the process of selling the power plant and transmission system to Rainbow Energy Center and Nexus Line, respectively. The transaction will be finalized upon approval from Great River Energy’s member-owner cooperatives and progress toward successful implementation of the Discovery Wind project.
The agreement with Apex Clean Energy comes less than two weeks after Great River Energy announced it secured capacity on the HVDC transmission system for renewable energy development. Discovery Wind’s location near an existing power plant provides a unique opportunity to interconnect a very large project to the constrained Midwest electric grid.
“This announcement shows our dedication to being partners in clean energy with Great River Energy, and it delivers on verbal promises we made when we first announced our intent to purchase Coal Creek Station,” said Rainbow Energy Center and Nexus Line President Stacy Tschider. “This is just one of many carbon-neutral objectives we intend to fulfill, culminating with the successful implementation of carbon capture and sequestration at Coal Creek Station.”
Great River Energy’s power supply transition has the cooperative on track to reduce its carbon dioxide emissions by more than 80% by 2025, achieving Minnesota’s emissions target decades ahead of schedule.
“Working with Great River Energy, Rainbow Energy Center, and Nexus Line, not only will we deliver clean power to a major market, but we will be able to use capacity on an existing pathway to do so—a rare and valuable arrangement in the saturated MISO market,” said Apex Clean Energy President and Chief Executive Officer Mark Goodwin. “This innovative solution enables the Discovery Wind project, thereby delivering a multitude of benefits to its North Dakota community, including both preserving and creating critical local jobs.”
About Apex Clean Energy
Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy. Through origination, construction, and operation of utility-scale wind, solar, and storage facilities, distributed energy resources, and green fuel technologies, Apex is expanding the renewable frontier across North America. Our mission-driven team of more than 300 professionals uses a data-focused approach and an unrivaled portfolio of projects to create solutions for the world’s most innovative and forward-thinking customers. For more information about how Apex is building the energy company of the future, visit apexcleanenergy.com or follow us on Facebook, Twitter, and LinkedIn.
About Great River Energy
Great River Energy, based in Maple Grove, Minn., is a not-for-profit wholesale electric power cooperative that provides electricity to 28 member-owner distribution cooperatives. Together, our systems provide power to approximately two-thirds of Minnesota geographically and parts of Wisconsin, serving more than 700,000 families, farms and businesses. Learn more at greatriverenergy.com or follow us on Facebook, Twitter and LinkedIn.
Media Contacts
Apex Clean Energy
Cat Strumlauf
Director | Corporate Communications
(434) 227-4196
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Great River Energy
Therese LaCanne
(763) 445-5710 (o)
(612) 804-4532 (c)
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OTTAWA, Ontario--(BUSINESS WIRE)--GoFor, North America's only Renewable Delivery™ marketplace for same-day, last mile deliveries of big and bulky items, has announced the appointment of Dillon McDonald to the role of President. In this new role, McDonald will help GoFor accelerate its transition into the leader in sustainable logistics, where he’ll be able to draw upon his deep expertise in decarbonization strategies to help the company drive better deliveries for people and the planet. McDonald's elevation to the role of President became effective January 1, 2022.
McDonald joined GoFor in June 2021 as Chief Revenue Officer. Prior to joining GoFor, McDonald was Vice President of Incubation at National Grid Ventures, one of the world's largest utilities focused on decarbonization and transforming the energy system. His past experience as a CEO and tech founder, operator, and investor helps GoFor build the internal infrastructure to meet not only increased demand but also make deliveries more seamless and sustainable in cities and communities in North America. As President, McDonald will continue to oversee marketing, sales, and brand while adding oversight of GoFor's operations, logistics, and technology groups in his expanded leadership role.
"We are at a critical moment in our business, where we have big plans to transform the last-mile delivery space into something dynamic and carbon negative — and Dillon is critical to seeing this transition through,” said GoFor CEO Ian Gardner. “With his expertise in energy, infrastructure and his wealth of knowledge and vast experience leading and growing technology organizations, Dillon is a natural fit as President. I can’t be more excited for his contributions to our team, our growth and our mission to change the delivery marketplace for the better.”
“Since joining GoFor, I have seen how the team has rallied to the mission of carbon negative delivery throughout our organization and I am thrilled with the chance to lead them as we help transform our business model to meet the vital challenges humanity faces,” said Dillon McDonald. “The evolution and broad adoption of climatetech is more necessary than ever, and GoFor presents an opportunity to lead logistics into a greener, smarter, and better, future.”
For more information on GoFor, please visit www.gofordelivers.com or https://www.gofordelivers.com/renewable-delivery.
About GoFor
GoFor believes we have to deliver better. For us, that not only means offering timely deliveries for all shapes and sizes of packages, but also doing it with carbon negative last-mile logistics. We call this Renewable Delivery™, our proprietary, innovative approach that combines an electric vehicle fleet, unique packaging and integrated software to significantly reduce our carbon footprint and make cities and communities better places to live. For more information on GoFor, visit www.gofordelivers.com. To read more about GoFor’s recent announcements, visit https://www.gofordelivers.com/.
Media
Nicole Cheffey
VP Marketing
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