DUBLIN--(BUSINESS WIRE)--The "Thermal Power Plant Market by Fuel Type: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
The global thermal power plant market was valued at $1,345.0 billion in 2020, and is projected to reach $1,820.7 billion by 2030, growing at a CAGR of 3.2% from 2021 to 2030.
Thermal power plants convert the heat energy of primary fuels such as coal, to electric power. In most of the thermal power plants, combustion of primary fuels heats the water and transforms it to steam. The steam drives steam turbines, which eventually generates electricity. Subsequently, the steam is condensed and recycled back into the system. The thermal power plants may use several different types of heat sources, including fossil fuels, nuclear energy, biomass and waste.
The global thermal power plant market is primarily driven by surge in demand for electricity is expected to augment the market growth of coal-fired power generation. This is attributed to the increasing population which is creating demand for the residential sector. Rapid industrialization and urbanization along with the need for the energy in heavy industries is again expected to propel the growth of thermal power plant market. Thus, the surge in demand for electricity is projected to propel the market growth.
However, advent of environmentally friendly technologies, strict regulations regarding greenhouse gas emissions, and health issues associated with the coal-fired power generation are expected to hamper the growth of the thermal power plant market during the forecast period. Furthermore, advancement in combustion technologies is expected to provide growth opportunities for the thermal power plant market during the forecast period.
The thermal power plant market size is segmented on the basis of fuel type and region. By fuel type, it is analyzed across coal, gas, nuclear, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
Market Dynamics
Drivers
Restraint
Opportunity
Key Segments
By Fuel Type
By Region
Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/fb04ih
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--Rubicon Capital Advisors (“Rubicon”), one of the world’s leading investment banking firms focused on the broader infrastructure, energy and digital sectors, announced its role as exclusive sell-side financial advisor to Elgin Energy Holdings (“Elgin”) in reaching completion on the 100% sale of a 519 MW portfolio of solar PV projects and 70 MW of co-located energy storage capacity (the “Portfolio”) to ScottishPower Renewables (UK) Limited (“Scottish Power”), a wholly-owned subsidiary of global utility Iberdrola Group.
The portfolio sale marks the UK’s largest solar PV transaction to date, consisting of 12 projects at the pre-construction stage located across England, Wales and Scotland, with a combined capacity of 519MW. The portfolio also includes a co-located 70MW battery solution that is at an advanced stage of development.
“We are delighted to have reached this significant milestone and partnered with Iberdrola / ScottishPower Renewables on this portfolio. We will continue to develop and deliver on our 5GW project pipeline across the UK, Ireland and Australia, working closely with landowners, local authorities and all related stakeholders”, commented Ronan Kilduff, CEO of Elgin Energy.
The portfolio will play a pivotal role in contributing towards the UK’s 2050 Net Zero Strategy, not only generating low cost and low carbon electricity but also creating significant regional economic development and supplying zero-carbon electricity to over 143,000 homes across the UK.
“We have a proven track record in working with global developers and large renewable energy portfolios of scale across the world and we are delighted to have advised on the UK’s largest solar and storage transaction to date. This is a landmark transaction on many fronts, representing a new frontier in the UK and internationally in terms of both scales and in combining solar PV and large-scale battery storage into a single asset portfolio. Moreover, this transaction is an excellent example of Rubicon’s commitment to be at the leading edge of ESG initiatives, particularly as they relate to tackling global climate change issues”, commented Barry O’Flynn, Managing Director at Rubicon.
About Rubicon Capital Advisors
Rubicon is one of the world’s leading investment banking firms focused solely on the infrastructure, energy, digital & utilities sectors. With offices in Europe, the Americas and Asia, the firm has a truly global reach. Since its inception in 2011, Rubicon has closed on the sale, acquisition or refinancing of well over 100 essential infrastructure, energy, digital & utilities assets located across Europe, North America, Latin America and Asia with a combined enterprise value in excess of $85 billion. The firm is regulated by the Central Bank of Ireland and its U.S. affiliate is a member of FINRA and SIPC and registered as a broker-dealer with the SEC. Learn more about the firm at: www.rubiconcapitaladvisors.com and by following Rubicon Capital Advisors on LinkedIn.
About Elgin Energy
Elgin Energy is a full service, utility-scale, solar+storage developer bringing projects from origination through development. The company has a portfolio of projects in late-stage development totalling over 5GW across three key markets of the UK, Australia and Ireland.
In 2021, Elgin Energy secured financing with Berenberg Green Energy Fund for the development of solar PV projects totalling 1.36GW in the UK and Ireland and also raised £25 million via Focus Capital Partners to fund its growth strategy across its core markets. In 2020, the company partnered, in separate transactions, with both Foresight Group and Metka-EGN in relation to two portfolios to deliver a total of 276MW of UK solar development projects and was successful with two Irish solar projects in Ireland’s first solar auction, RESS-1 - Renewable Energy Support Scheme (RESS). In addition to the above, Elgin Energy delivered 21 solar projects, totalling 230MW, before the UK Government’s Renewables Obligation (ROCs) scheme ended in 2017.
Elgin Energy works with long-term strategic partners to deliver projects to energisation and provides asset management services through their operational life. The company has expanded internationally over the last 12 years with a professional team of engineers, accountants and lawyers located in its London, Dublin and Sydney offices. Elgin has a 98% success rate through planning across all its markets.
www.elgin-energy.com & Elgin Energy: Overview | LinkedIn
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GARDENA, Calif.--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (“Faraday Future” or the “Company”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, has requested and received a 15-day extension to file its compliance plan with NASDAQ. The Company now has until February 1, 2022 to file its compliance plan.
On November 17, 2021, Faraday Future received a notification from NASDAQ, as anticipated, notifying the Company that the delay in the filing of its third quarter 2021 Form 10-Q caused the Company to be out of compliance with NASDAQ listing requirements. NASDAQ advised that the Company would be permitted 60 calendar days to submit a compliance plan with NASDAQ under Listing Rule 5250(c)(1), and that the NASDAQ staff could, at its discretion, grant an exception up to 180 days from the due date of the Q3 Form 10-Q (May 16, 2022), to regain compliance.
The Company previously filed a Form 12b-25 with the Securities and Exchange Commission on November 15, 2021 disclosing that the filing of its third quarter 2021 10-Q would be delayed as a result of an internal review. The Company’s board of directors formed a special committee of independent directors (the “Special Committee”) to investigate allegations of inaccurate disclosures, including claims contained in a report issued by an investor with a history of seeking to drive down public companies’ stock prices for its own benefit. The Special Committee has engaged outside counsel to conduct an independent review of such allegations. The review is ongoing, and the Special Committee continues to work diligently with outside counsel and advisors to complete the review as soon as possible.
Faraday Future is working diligently toward the goal of being in a position to file the Q3 Form 10-Q, as well as its Form 8-K with the Company’s third quarter 2021 earnings release and its amended Registration Statement on Form S-1 as soon as possible following the conclusion of the Special Committee investigation. Upon the Company’s filing of its Q3 Form 10-Q, the Company will again become compliant with NASDAQ Listing Rule 5250(c)(1) if NASDAQ approves the Company’s compliance plan.
ABOUT FARADAY FUTURE
Established in May 2014, Faraday Future is a global shared intelligent mobility ecosystem company, headquartered in Los Angeles, California. Since its inception, Faraday Future has implemented numerous innovations relating to its products, technology, business model, profit model, user ecosystem, and governance structure. On July 22, 2021, Faraday Future was listed on NASDAQ with the new company name “Faraday Future Intelligent Electric Inc.”, and the ticker symbols “FFIE” for its Class A common stock and “FFIEW” for its warrants. The “I” in FFIE stands for Intelligent and Internet and the “E” stands for Ecosystem and Electric. FF is not just an EV company, but also an internet and technology company, an AI product company, a software company, and a user ecosystem company. Faraday Future aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the Internet and new usership models. With the ultimate intelligent techluxury brand positioning, Faraday Future’s first flagship product FF 91 Futurist is equipped with exceptional product power. It is not just a high-performance EV, an all-ability car, and an ultimate robotic vehicle, but also the third internet living space.
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https://www.ff.com/
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www.linkedin.com/company/faradayfuture
NO OFFER OR SOLICITATION
This communication shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
FORWARD LOOKING STATEMENTS
This press release includes “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 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 FF’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 FF’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; FF’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of FF’s vehicles; the success of other competing manufacturers; the performance and security of FF’s vehicles; potential litigation involving FF and the outcome of the investigation of FF’s special committee; and the result of future financing efforts and general economic and market conditions impacting demand for FF’s products. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the preliminary registration statement on Form S-1 and Form 12b-25 recently filed by FF and other documents filed by FF from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the 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 FF does not undertake any 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.
For Faraday Future
John Schilling
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CALGARY, Alberta--(BUSINESS WIRE)--(TSE:IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president investor relations, Imperial Oil Limited, will host a 2021 Fourth Quarter Earnings Call on Tuesday, February 1, following the company’s fourth quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast.
During the call, Mr. Corson will offer brief remarks prior to taking questions from Imperial’s covering analysts.
Please click here [https://edge.media-server.com/mmc/p/epvwxjrr] to register for the live webcast. The webcast will be available for one year on the company’s website at www.imperialoil.ca/en-ca/company/investors.
After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.
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MELBOURNE, Australia & PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) announced an order from BHP Western Australia Iron Ore (WAIO) for two FLXdrive battery locomotives. The deal builds momentum in the market for the world’s first 100-percent, battery-powered locomotive and supports the Australia-based natural resource company’s plan to decarbonize its rail network.
“The FLXdrive battery-electric locomotive represents the future of sustainable rail operations,” said Rogerio Mendonca, President of Freight Equipment for Wabtec. “The rail and mining industries are on the cusp of technological advancements to equip customers with zero-emission locomotive fleets. The FLXdrive is a major step toward eventually achieving that vision. It will provide BHP with the tractive effort, fuel savings, emissions reductions and reliability to cost effectively run their rail operations.”
BHP will receive the newest version of the FLXdrive battery-electric locomotives in 2023 with an energy capacity of 7 megawatt hours (MWh). Based on the topography of the route and BHP’s rail operations, the FLXdrive is anticipated to reduce the company’s fuel costs and emissions in percentage by double digits per train.
“WA Iron Ore is significant within BHP’s global operations, and I am pleased we can play a leading role in helping to develop new and innovative solutions with potential to shape our business for a cleaner future,” said Brandon Craig, BHP Asset President Western Australia Iron Ore (WAIO). “Rail is the fundamental link in our pit-to-port value chain, and the power required to deliver fully-laden iron ore wagons from the Pilbara to Port Hedland is significant. Trialing battery-electric locomotives in collaboration with Wabtec has great potential to support our operational emissions reductions targets and goals.”
BHP currently uses four diesel-electric locomotives in a consist to pull trains comprised of approximately 270 cars carrying 38,000 tons of iron ore. The FLXdrives will join the diesel locomotives to form a hybrid consist, and recharge during the trip through regenerative braking. Wabtec’s next generation energy-management system will determine the optimal times to discharge and recharge the batteries along the route ensuring the most fuel-efficient operation of the entire locomotive consist during the trip.
“This order speaks to BHP’s proactive approach to sustainability and cost-effective operations,” said Wendy McMillan, Senior Regional Vice President, South East Asia, Australia and New Zealand for Wabtec. “BHP is among the industry leaders in this region who are demonstrating their commitment to addressing climate change by investing in transformative technologies like the FLXdrive battery locomotive.”
The FLXdrive battery locomotive is part of Wabtec’s initiative to develop the next generation of zero-emission locomotives. The company has a clear path to power new locomotives – and repower existing locomotives – with batteries, hydrogen internal combustion engines, and hydrogen fuel cells. It is part of Wabtec’s vision for the rail industry to play a key role in building a clean energy economy and will enable the reduction of up to 300 million tons of global carbon emissions per year.
About Wabtec
Wabtec Corporation is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. The company has approximately 27,000 employees located at facilities in 50 countries throughout the world. Visit Wabtec’s website at: www.wabteccorp.com.
About BHP
BHP is a leading global resources company. We extract and process minerals, oil and gas, with approximately 80,000 employees and contractors, primarily in Australia and the Americas. Our products are sold worldwide, with sales and marketing led through Singapore and Houston, United States. Our global headquarters are in Melbourne, Australia.
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NEW YORK--(BUSINESS WIRE)--Beard Energy Transition Acquisition Corp. (NYSE: BRD U) (the “Company”) announced that, commencing January 14, 2022, holders of the units sold in the Company’s initial public offering may elect to separately trade the shares of Class A common stock and warrants included in the units. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange (the “NYSE”) under the symbols “BRD” and “BRD WS,” respectively. Those units not separated will continue to trade on the NYSE under the symbol “BRD U.” Holders of the units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the holders’ units into shares of Class A common stock and redeemable warrants.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-800-831-9146.
About Beard Energy Transition Acquisition Corp.
Beard Energy Transition Acquisition Corp. is a newly organized blank check company incorporated as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets. The Company’s efforts to identify a prospective target business will not be limited to a particular industry, although it intends to target high growth businesses focused on enhancing electric power grid reliability and resiliency through the energy transition infrastructure buildout.
Forward Looking Statements
This press release may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor or Media Contact
Sarah James
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**Interviews Available With Dr. Sylvia A. Earle**
PUERTO AYORA, Ecuador--(BUSINESS WIRE)--Amid news that the Earth’s oceans warmed at a rate eight times faster than in the preceding decades, the protection of marine life has never been more critical. Mission Blue Founder and National Geographic Explorer in Residence, Dr. Sylvia A. Earle is joining Ecuador President Guillermo Lasso on the signing of an official decree enhancing the marine protected area (MPA) around the Galápagos Archipelago in the Eastern Tropical Pacific Ocean as a positive step in addressing climate change.
The decree will expand protection by 60,000 square kilometers (23,166 square miles); half of which will be fully protected where no extractive activities are allowed. The new protected area known as La Hermandad, “the sisterhood,” will extend to the maritime border of Costa Rica offering an opportunity for multinational cooperation to manage marine life like sharks, sea turtles, and whales which migrate across countries waters.
This action serves as a major step forward on a promise made last year by President Lasso along with the Presidents of Colombia, Costa Rica, and Panama to work together to protect the Eastern Tropical Pacific “seascape.” If successful, linking up marine protections across the four countries' waters would be a first of its kind and would safeguard migratory marine species across their range while further protecting the region's waters.
Dr. Earle and Max Bello, Global Ocean Policy Advisor for Mission Blue, attended the ceremony at the invitation of the President. Throughout the week, they visited with community leaders, met with members of the Ecuadorian government, and celebrated the exciting announcement by diving together with partners in one of the world’s most iconic marine ecosystems.
“Bravo to President Lasso, and all who are supporting enhanced protection for wildlife in the ocean surrounding the Galápagos Islands,” Earle states. “The Galápagos Archipelago is a wellspring of life, supporting a wide array of iconic marine species that, for too long, have lived under threat just beyond the Archipelago’s protected coasts. Today, Ecuador has given us a victory worth celebrating by expanding this sanctuary and will now ensure better protection for marine life.”
“The government of Ecuador is providing massive Hope in the waters of Galápagos in the form of a new MPA,” says Carl Gustaf Lundin, Managing Director, Mission Blue. He elaborates, “Galápagos is a beacon of Hope in the Pacific Ocean and its new MPA is also inspiring other nations to meet their 30X30 targets.”
Mission Blue recognizes their partners in this work: The Pew Bertarelli Ocean Legacy Program (PBOL), for their global leadership in advancing highly and fully protected marine areas, MigraMar for providing scientific and technical expertise underpinning the enhanced protections, SeaLegacy/OnlyOne for their collaboration with us to enhance communications capacity, draw international attention to the need to protect the Galápagos and maintain momentum surrounding Ecuador’s conservation advancements, and Mas Galápagos, a collection of local NGOs and partners including Island Conservation who worked together with Mission Blue and PBOL on the expansion.
ABOUT MISSION BLUE
Mission Blue inspires action to explore and protect the ocean. Led by legendary oceanographer Dr. Sylvia Earle, Mission Blue is uniting a global coalition to inspire an upwelling of public awareness, access and support for a worldwide network of marine protected areas – Hope Spots.
Under Dr. Earle’s leadership, the Mission Blue team implements communications campaigns that elevate Hope Spots to the world stage through documentaries, social media, traditional media and innovative tools like Esri ArcGIS. Mission Blue also embarks on regular oceanic expeditions that shed light on these vital ecosystems and build support for their protection.
Currently, the Mission Blue alliance includes more than 200 respected ocean conservation groups and like-minded organizations, from large multinational companies to individual scientific teams doing important research.
Additionally, Mission Blue supports the work of conservation NGOs that share the mission of building public support for ocean protection. With the concerted effort and passion of people and organizations around the world, Hope Spots can become a reality and form a global network of marine protected areas large enough to restore the ocean, the blue heart of the planet.
ABOUT DR. SYLVIA EARLE
Sylvia Earle is President and Chairman of Mission Blue / The Sylvia Earle Alliance. She is a National Geographic Society Explorer in Residence, and is called Her Deepness by the New Yorker and the New York Times, Living Legend by the Library of Congress, and first Hero for the Planet by Time Magazine. She is an oceanographer, explorer, author and lecturer with experience as a field research scientist, government official, and director for several corporate and non-profit organizations.
Blaine Heck
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201-314-9506
Multi-year agreement will feature multiple pilots and explore digital marketplace integration
LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, today announced a long-term, strategic alliance with Waymo Via that will advance innovative efforts to integrate commercial autonomous driving technology in transportation and logistics, with ultimate plans to complete fully autonomous transport in Texas in the next few years.
"Our pilot last year with Waymo Via really helped us get a hands-on understanding of how autonomous driving technology could be implemented within our operations," said Craig Harper, chief sustainability officer and executive vice president at J.B. Hunt. "This strategic alliance will continue that momentum and further explore the intricate details that would make this a value-driven solution for customers. We believe autonomous driving technology will help us create the most efficient transportation network in North America, and our collaboration with Waymo Via is a pivotal step towards fulfilling that mission.”
The expanded collaboration will include multiple pilots to further analyze the operational capacity of Waymo Via, the company’s autonomous Class 8 trucking unit powered by the Waymo Driver, to address customer needs in realistic scenarios. Waymo and J.B. Hunt completed their first trial runs last year moving freight along I-45 in Texas for one of J.B. Hunt’s leading customers. The upcoming pilots will take place in the same lane.
“Our collaboration with J.B. Hunt in 2021 was incredibly fruitful,” said Charlie Jatt, head of commercialization for trucking at Waymo. “Establishing this strategic alliance marks an exciting moment for our relationship, and more importantly, paves the way for us both to help grow the foundations for successful deployment and to capitalize on the benefits of autonomous driving technology. We’re incredibly grateful for our relationship with J.B. Hunt and their shared vision for the safety and efficiency benefits we can bring to the industry at a critical time.”
Beyond the highway, the two will explore solutions that merge two of the most innovative forces in the transportation industry - autonomous driving technology and the digital marketplace. J.B. Hunt’s technology platform - J.B. Hunt 360°® - is an industry leader in digital freight matching and was responsible for processing 1.2 million loads in 2020. Waymo has over a decade of experience in building autonomous driving technology, having driven over 20 million miles on public roads across 13+ U.S. states and 20 billion miles in simulation. The combined solution, which would make Waymo Via accessible through J.B. Hunt 360, would be a unique offering with potential to greatly improve transportation efficiency.
Additionally, the collaboration will include operational and market studies to refine the commercial readiness of the driving technology.
About J.B. Hunt
J.B. Hunt Transport Services Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.
About Waymo
Waymo is an autonomous driving technology company with a mission to make it safe and easy for people and things to get where they’re going. Since our start as the Google Self-Driving Car Project in 2009, Waymo has been focused on building, deploying, and commercializing the World’s Most Experienced Driver™ technology to improve the world's access to mobility while saving thousands of lives now lost to traffic crashes. The Waymo Driver powers Waymo One, the world's first fully autonomous ride-hailing service, as well as Waymo Via, our trucking and local delivery service. To date, Waymo has autonomously driven tens of millions of miles on public roads and tens of billions of miles in simulation, across 13+ U.S. states. For more: www.waymo.com.
Brittnee Davie
Vice President - Marketing
479.419.3178
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HOUSTON--(BUSINESS WIRE)--Gulf Coast Ultra Deep Royalty Trust (OTC Pink: GULTU) (the Trust) announced today that it will distribute to unitholders a cash distribution totaling $497,699 for the quarter ended December 31, 2021.
Unitholders of record on January 31, 2022 will receive a cash distribution of $0.002162 per unit payable on February 11, 2022.
Natural gas (Mcf) sales volumes, average sales price and net cash proceeds available for distribution for the quarter ended December 31, 2021 are set forth in the table below:
Natural gas (Mcf) sales volumes (a) |
143,564 |
|
Natural gas (per Mcf) average sales price |
$ 4.51 |
|
Gross proceeds |
$ 646,981 |
|
Post-production costs and specified taxes |
(52,084) |
|
Royalty income |
594,897 |
|
Interest and dividend income |
11 |
|
Administrative expenses |
(88,459) |
|
Income in excess of administrative expenses |
506,449 |
|
Increase to minimum cash reserve |
(8,750) |
|
Cash proceeds available for distribution |
$ 497,699 |
(a) Attributable to the onshore Highlander subject interest which is the only subject interest with commercial production.
Commencing with the distribution to unitholders this quarter, the Trust is withholding, and in the future intends to withhold, $8,750 from the funds otherwise available for distribution each quarter to gradually build a cash reserve of approximately $350,000. This cash is reserved for the payment of future known, anticipated or contingent expenses or liabilities of the Trust. The Trustee may increase or decrease the targeted cash reserve amount at any time, and may increase or decrease the rate at which it is withholding funds to build the cash reserve at any time, without advance notice to the unitholders. Cash held in reserve will be invested as required by the royalty trust agreement. Any cash reserved in excess of the amount necessary to pay or provide for the payment of future known, anticipated or contingent expenses or liabilities eventually will be distributed to unitholders, together with interest earned on the funds.
About Gulf Coast Ultra Deep Royalty Trust. The Trust is a Delaware statutory trust created to hold a 5% gross overriding royalty interest in future production from specified Inboard Lower Tertiary/Cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana that existed as of December 5, 2012, which are collectively referred to as subject interests. The subject interests and the Trust’s overriding royalty interests are described in the Trust’s filings with the Securities and Exchange Commission (SEC). As described in the Trust’s SEC filings, future distributions are not guaranteed and will depend on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, post-production costs and specified taxes, and the amount and timing of the Trust’s administrative expenses, among other factors. For additional information on the Trust, please visit http://gultu.q4web.com/home/default.aspx.
Cautionary Statement Regarding Forward-Looking Information. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are all statements other than statements of historical facts, such as any statements regarding the build-up of the Trust's cash reserves and any statements regarding the amount and date of quarterly distributions to unitholders. Forward-looking statements are not guarantees or assurances of future performance and actual results may differ materially from those anticipated, projected or assumed in the forward-looking statements. Important factors that may cause actual results to differ materially from those anticipated by the forward-looking statements include, but are not limited to, the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to a record date for a quarterly cash distribution. Any differences in actual cash receipts by the Trust could affect the amount of quarterly cash distributions. Other important factors that may cause actual results to differ materially include risks inherent in production of oil and gas properties, the ability of commodity purchasers to make payment, the economic effects of the COVID-19 pandemic and federal, state and local governmental actions in response to the pandemic, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC. The Trust's annual, quarterly and other filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov. Statements made in this press release are qualified by the cautionary statements made in this press release. The Trust cautions investors that it does not intend, and assumes no obligation, to update any of the statements included in this press release.
The Bank of New York Mellon Trust Company, N.A. serves as trustee of the Trust. If you have any questions related to the Trust, please see below for contact information:
Gulf Coast Ultra Deep Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell
(512) 236-6555
Governor Eric Holcomb identified Doral Renewables LLC’s 1.3 gigawatts Mammoth Solar Project as an example of an economic growth engine for Indiana. Cited as one of the Country’s largest solar farms developed in Northwest Indiana, the project is leading a new wave of modernized industries coming to the State. The Governor described the project as “an incredible investment and confidence in the state of Indiana and its people,” and emphasized major economic, environmental benefits coming to the region as a result.
INDIANAPOLIS--(BUSINESS WIRE)--Indiana Governor, Honorable Eric Holcomb delivered his 2022 State of the State address on Monday. Nick Cohen, President and CEO of Doral LLC was present as the Project was showcased by the Governor. Indiana is leading its Midwestern neighbors in economic success and Mammoth Solar is part of it.
The project is being developed in Starke and Pulaski counties in Northwest Indiana and covers 13,000 acres of farmland. During construction, it is expected to provide approximately 500 jobs to area residents. Upon completion, it will generate 1.3 gigawatts of clean renewable energy, enough to power over 200,000 Indiana households annually. The project represents an economic investment of approximately $1.5 billion.
“After I visited Tel-Aviv last year, Doral Renewables announced that they were building the largest solar farm in the United States on 13,000 acres in Starke and Pulaski Counties. Eventually, it would generate enough electricity to power hundreds of thousands of homes, all by cultivating the sun. Thank you, Nick (Doral LLC’s President and CEO), for your confidence and an incredible investment in the state of Indiana and our people,” said Governor Holcomb during his address.
“Governor Holcomb, the Indiana Economic Development Corporation (IEDC), and the people in Starke and Pulaski counties support of this project has been very strong. Indiana is a leader in the energy sector. Its effort to form the strongest industry cluster is working. Farmers and rural communities are seeing a revitalization as jobs, reduced taxes and millions in new revenue are delivered to the residents of the counties as a result of solar,” Said Nick Cohen, President and CEO of Doral LLC.
About Doral Renewables LLC (Doral LLC)
Doral LLC was founded in 2019 as a joint venture between Doral Group and Clean Air Generation. Doral LLC currently has over 6 gigawatts of projects under development and over 30,000 acres of land control, mainly in Midwest and Mid-Atlantic U.S. The management team of Doral LLC includes experienced multidisciplinary individuals who worked together for many years in the renewables industry in the US.
Maya Ziv Wolf
Corporate Media Relations
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WILMINGTON, Del.--(BUSINESS WIRE)--$CC--The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, announced it will release fourth quarter 2021 financial results after market close on February 10, 2022. The company will conduct its fourth quarter 2021 webcast conference call on Friday, February 11, 2022 at 8:30 a.m. Eastern Standard Time. The call is open to the public and can be accessed via live webcast and teleconference.
Conference Call: |
Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides. |
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Replay: |
A webcast replay will be available at investors.chemours.com. |
About The Chemours Company
The Chemours Company (Chemours or the Company) (NYSE: CC) is a global leader in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration, and air conditioning, transportation, semiconductor and consumer electronics, general industrial, mining and oil and gas. Our flagship products include prominent brands such as Ti-Pure™, Opteon™, Freon™, Nafion™, Krytox™, Teflon™, and Viton™. In 2019, Chemours was named to Newsweek's list of America's Most Responsible Companies. The company has approximately 6,500 employees and 30 manufacturing sites serving approximately 3,300 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.
For more information, we invite you to visit chemours.com or follow us on Twitter @Chemours or LinkedIn.
INVESTORS
Jonathan Lock
SVP, Chief Development Officer and Investor Relations
+1.302.773.2263
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NEWS MEDIA
Cassie Olszewski
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DUBLIN--(BUSINESS WIRE)--The "Nannochloropsis Market by Form (Frozen, Liquid, Powder, Fresh Pastes), Application (Aquafeed, Extraction Companies, Other Application) - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
This report provides an in-depth analysis of the Nannochloropsis market in five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts to 2028. The Nannochloropsis market is expected to record a CAGR of 8.5% from 2021 to 2028 to reach $15.8 million by 2028.
The increasing demand for algae protein, growing demand for omega-3 fatty acids, and protein- and lipid-rich aquafeed, are driving the growth of the global Nannochloropsis market. Additionally, the growing demand from the biodiesel industry creates lucrative growth opportunities for Nannochloropsis manufacturers globally. However, the complex production process for Nannochloropsis hinders the growth of this market to some extent.
The global Nannochloropsis market is segmented by form (frozen, liquid, powder, and fresh pastes) and application (aquafeed, extraction companies, and other applications). The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on form, the Nannochloropsis market is mainly segmented into frozen, liquid, powder, and fresh paste. The frozen Nannochloropsis segment is estimated to account for the largest share of the global Nannochloropsis market in 2021. The large market share of this segment is attributed to its wide range of applications in aquaculture hatcheries to establish the initial step of an artificial food chain as frozen Nannochloropsis are rich in fatty acids (EPA, ARA). Additionally, this segment is expected to record the highest CAGR during the forecast period as frozen Nannochloropsis biomass promotes easier management in biomass production of lipid-enriched rotifers.
Based on application, the Nannochloropsis market is mainly segmented into aquafeed, extraction companies, and other applications. The aquafeed segment is estimated to account for the largest share of the global Nannochloropsis market in 2021. Nannochloropsis sp. is one of the most extensively used microalgae in aquaculture due to its nutritional value and ability to produce valuable chemical compounds, such as pigments (zeaxanthin, astaxanthin, canthaxanthin) and polyunsaturated fatty acids (EPA). The growth of this segment is mainly attributed to the growth of the global aquaculture industry along with the growing aquafeed sector and the increasing demand for protein-rich aquafeeds.
An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region.
In 2021, Europe is estimated to account for the largest share of the global Nannochloropsis market, followed by North America and Asia-Pacific. The large market share of this region is mainly attributed to the growing aquaculture industry and the rising demand for aquafeed, increasing health awareness, rising demand for omega-3 fatty acids, increasing demand for algae protein, and the presence of key Nannochloropsis biomass manufacturers. Additionally, the growing demand from the biodiesel industry is expected to create lucrative growth opportunities for Nannochloropsis manufacturers in the region.
Key Questions Answered in the Report-
Market Dynamics
Drivers
Restraints
Opportunity
Challenges
Companies Mentioned
Scope of the Report:
Nannochloropsis Market, by Form
Nannochloropsis Market, by Application
Nannochloropsis Market, by Geography
For more information about this report visit https://www.researchandmarkets.com/r/wy0cqz
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NEW YORK--(BUSINESS WIRE)--NineDot Energy, a leading developer of community-scale clean energy projects, today announced a strategic investment from funds managed by global investment firm Carlyle (NASDAQ: CG). Carlyle’s investment will enable NineDot to develop, build, and operate over 400 megawatts (MW) of clean energy systems by 2026 that strengthen local power grid infrastructure and provide stable, reliable, and resilient power to tens of thousands of New York households and businesses.
Founded in 2015, NineDot Energy is a New York City-based clean-tech developer that designs and deploys community-scale energy generation and battery storage projects. Carlyle’s investment is intended to enable NineDot to execute on its pipeline of battery storage projects in Downstate New York including Queens, Staten Island, the Bronx, and Long Island. These projects support New York State’s mission to achieve its goal of 100% clean energy by 2040, including a recently doubled target of 6,000 MW of energy storage by 2030.
Battery storage projects such as NineDot’s play a vital role in decarbonizing the electric grid. In New York, this involves reliably storing offshore wind as well as upstate hydro and solar power to serve the demand centers of New York City, while reducing the city’s reliance on costly and inefficient fossil power plants that are primarily used during peak summer hours. NineDot is based at NYU’s Urban Future Lab in Brooklyn, New York.
David Arfin, CEO and Co-Founder of NineDot Energy, said, “NineDot Energy thrives on developing innovative business models and projects that support a more resilient electric grid while simultaneously delivering economic savings and reducing carbon emissions. Carlyle’s investment will enable NineDot to further advance our leadership position in providing community clean energy solutions in New York and beyond.”
Adam Cohen, CTO and Co-Founder of NineDot Energy, said, “Distributed energy technologies sit at a sweet spot for unlocking a rapid transition to wide-scale sustainable energy generation, storage, and consumption. Their small-footprint, modular design matches local community and power grid needs. NineDot’s scalable, replicable deployment model reduces costs, complexity, and development cycles.”
David Gluck, a Principal specializing in energy transition investing at Carlyle, said, “We believe the rapid evolution of the electric grid necessitates additional deployment of distributed energy resources, this is an important investment theme for our platform. We are proud of our new partnership with the talented team at NineDot, who is focused on increasing the reliability of the New York City grid, and look forward to leveraging Carlyle's deep industry knowledge, broad network, and development expertise to support their growth as a leader in developing community scale clean infrastructure.”
About NineDot
NineDot Energy creates innovative energy solutions that support a more resilient electric grid, delivers economic savings, and reduces carbon emissions. NineDot's name derives from the classic mathematical puzzle for sparking out-of-the-box solutions.
David Arfin
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NEW YORK--(BUSINESS WIRE)--Today, at an event with U.S. Secretary of Energy Jennifer Granholm, New York Governor Kathy Hochul, and U.S. Representative Paul Tonko, Equinor and bp announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1. The PSAs set the terms under which these projects will supply homegrown, renewable power to New York and inject significant economic investments into the state’s economy.
The finalization of the PSAs concludes the contracts awarded in January 2021, when Equinor and bp were selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the U.S. to date.
Once completed, Equinor and bp’s portfolio of active offshore wind projects (Empire Wind 1, Empire Wind 2 and Beacon Wind 1) will produce enough electricity to power about 2 million New York homes, and will help generate more than $1 billion in economic output to New York State. This includes investments in ports and infrastructure that will reinforce New York’s position as the regional offshore wind industry hub—and a leading example of economic activity driven by the energy transition.
The offshore wind projects on the US east coast are key building blocks to deliver on Equinor’s ambition to install 12-16 GW of renewables capacity by 2030. Equinor expects to deliver these projects within the return guidance communicated at the last Capital Markets Update in June 2021. The completion of the PSA represents a major milestone and enables the start of project execution for the Equinor-bp partnership.
“Today’s announcement sets Equinor and bp on the path to provide over 3.3 gigawatts (GW) of offshore wind power for New York. It also offers a large-scale, tangible demonstration of the incredible economic activity and carbon reduction potential being driven by New York’s green energy transition,” said Siri Espedal Kindem, President of Equinor Wind US. “We are proud to help lead the growth of this exciting industry in New York.”
Doreen M. Harris, President and CEO, NYSERDA, said, “Offshore wind is bringing unprecedented investment to New York State, and we are proud to further cement ourselves as the offshore wind hub of the nation. Meeting our nation-leading offshore wind goal of 9,000 megawatts by 2035 will be an essential economic driver for the state, and these projects will help transform our energy system while providing thousands of family-sustaining jobs to bolster our growing green economy.”
Felipe Arbelaez, bp’s senior vice president for zero carbon energy, added: “These are world class assets and we are moving quickly and safely to get them producing the energy people need in the way that they want it – all the while creating positive ripple effects for the surrounding communities and industry. Today’s milestone is a critical step forward and we will continue to work hard to deliver the Empire Wind and Beacon Wind projects, providing clean energy and stable returns for decades to come.”
The PSAs agreed to with New York State finalizes the terms under which Equinor and bp will provide generation capacity of 1,260 megawatts (MW) of renewable offshore wind power from Empire Wind 2, and another 1,230 MW of power from Beacon Wind 1, while making substantial investments in New York’s infrastructure. The projects include port upgrades to transform South Brooklyn Marine Terminal into a major staging and assembly facility for the industry, as well as an operations and maintenance base for the projects. Equinor recently announced the opening of a New York project office located in Sunset Park, Brooklyn, opposite the South Brooklyn Marine Terminal. The partnership will also invest in the Port of Albany, making it America’s first offshore wind tower and transition piece manufacturing facility.
Related pages and downloads
About Empire Wind and Beacon Wind
ABOUT EQUINOR RENEWABLES US
ABOUT bp IN THE US
ABOUT SOUTH BROOKLYN MARINE TERMINAL
ABOUT PORT OF ALBANY
Lauren Shane
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(917) 392-4252
Magnus Frantzen Eidsvold
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+4797528604
DUBLIN--(BUSINESS WIRE)--The "Emerging Technologies Transforming Offshore Wind Energy" report has been added to ResearchAndMarkets.com's offering.
The study analyzes future research focus areas and technology challenges within offshore wind energy. Special attention is given to describing existing and future offshore wind turbine support structures and the drivetrain concepts in use at commercial offshore turbines. It also outlines the offshore wind energy technology roadmap.
Energy generation is the most crucial building block of a country's economic development and a key determinant of its progress. Population growth requires a higher degree of economic development, which directly requires more energy to be generated. To meet the rising energy demands, the energy sector is under pressure to expand rapidly as countries highly dependent on fossil fuels grapple with the demand-supply situation.
Therefore, it is imperative for many countries to reduce their dependency on fossil fuels to minimize greenhouse gas emissions. Increasing the mix of renewable energy generation sources enables a smooth transition into a low-carbon economy. A radical transformation toward the green energy generation sector will be important to achieve energy and decarbonization targets.
Currently, offshore-based renewable energy generation is gaining traction and approaching increased deployment globally. Offshore wind speeds tend to be steadier and faster than on land, providing a reliable renewable energy source. A small increase in wind speeds results in a large increase in renewable energy generation.
This will be one of the key drivers for developers to pursue the installation of large-scale offshore wind energy generation farms. Offshore wind farms significantly negate potential social conflicts arising from indiscriminate land use or other issues creating unrest, which other renewable energy generation technologies typically confront.
Offshore wind farms (based on fixed and floating foundations with turbines or other airborne systems) are witnessing increased large-scale deployment that will help several countries meet their energy demands while transitioning to a low-carbon economy. However, installing offshore wind farms requires very high initial investment.
Other challenges include labor-intensive on-site assembly as well as high operation and maintenance costs, restricting the adoption of large-scale offshore wind farms.
Key Topics Covered:
1.0 Strategic Imperatives
1.1 The Strategic Imperative: Factors Creating Pressure on Growth
1.2 The Strategic Imperative
1.3 The Impact of the Top Three Strategic Imperatives on the Growth of the Offshore Wind Energy Industry
1.4 About the Growth Pipeline Engine
1.5 Growth Opportunities Fuel the Growth Pipeline Engine
2.0 Research Context and Summary of Findings
2.1 Research Context
2.2 Research Coverage and Trends
2.3 Research Methodology
2.4 Key Findings - Offshore Wind Energy
3.0 Offshore Wind Energy Industry Overview
3.1 Offshore Wind Technology Overview
3.2 Key Drivers and Opportunities for Offshore Wind Technology Deployment
3.3 Key Challenge for Offshore Wind Technology Deployment
3.4 Offshore Wind Energy Capacity Additions - Regional Analysis
3.5 Key Innovation Areas in the Offshore Wind Energy Value Chain
3.6 High Power Rating Wind Turbines Enabling Cost-effective Energy Production
3.7 Offshore Wind Turbine Drivetrain Concepts Comparison
3.8 Future Innovative Offshore Wind Turbine Drivetrains
3.9 Existing and Future Offshore Wind Turbine Support Structures
3.10 Fixed-bottom Substructure Technology for Offshore Wind Energy
3.11 Floating Substructure Technology for Offshore Wind Energy
3.12 Offshore Wind Energy Technology Roadmap to 2035
4.0 Innovation Ecosystem - Companies to Watch
4.1 Innovative Upwind Twin Blade Technology for Floating Wind Energy Generation
4.2 Semi-Submersible Floating Platforms for Installation of Off-Shore Wind Turbines
4.3 Harnessing Wind Energy from Kites Tethered to Offshore Platforms
4.4 Renewable Energy Generation from Modular Offshore Floating Wind Platforms
4.5 Cost-effective Offshore Wind Turbines Generating Consistent Renewable Energy Even at Low Wind Speeds
4.6 Floating Offshore Wind Turbines Engineered for Efficiency in Extreme Wind Conditions
4.7 Noteworthy Upcoming Global Offshore Wind Projects
5.0 IP Analysis of Technologies Enabling Offshore Wind Energy
5.1 IP Analysis of Offshore Wind Energy
6.0 Growth Opportunity Universe
6.1 Growth Opportunity 1: Emerging Technology Trends Likely to Drive the Deep Water Offshore Wind Energy Industry
6.2 Growth Opportunity 2: Green Hydrogen Presents the Offshore Wind Industry with New Opportunities
6.3 Growth Opportunity 3: Use of Retired Offshore Oil and Gas Infrastructure as a Foundation for Offshore Wind Farms
7.0 Key Contacts
8.0 Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/axspl2
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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ESCONDIDO, Calif.--(BUSINESS WIRE)--Eric Robinson, Co-Founder of Green Launch, has announced the first vertical Light-Gas launch for space access.
GREEN LAUNCH, in a quantum leap for space access and exploration, on their first vertical attempt, launched a projectile into the stratosphere. The launch propellant featured hot hydrogen which is the fastest gas known. The 54 foot long launch tube accelerated the payload to a velocity exceeding Mach 3. This “proof of concept” impulse launch paves the way for higher velocity shots in 2022 to surpass the 100 km Karman Line, which is the edge of space. This Green Launch took place on the morning of Dec 21, 2021 at the Yuma Proving Grounds north of Yuma, Arizona. Here is the launch video.
Green Launch was founded in 2016 by a team of engineers, technicians and physicists. The Green Launch technology spring-boards off record setting hydrogen launcher work at Lawrence Livermore National Laboratory.
The team is betting on the high performance of light gas mixtures as a propellant to deliver goods at velocities above Mach 5 and as high as Mach 20.
“The trick is using a light gas like hydrogen, which has a very low molecular weight,” said CTO Dr. John Hunter. “You can get very high velocities that aren’t possible with railguns or other systems. This has zero carbon emission and will allow us to revolutionize access to space and open the solar system to manned exploration.”
The first practical use for this launch methodology will be atmospheric sampling of the mesosphere to provide crucial data to climatologists. Other potential customers include hypersonic vehicle testing and delivery of satellites and supplies to orbit.
“Your satellites and supplies can be in orbit in 10 minutes,” said Eric Robinson. “We can be launching every 60 to 90 minutes. This will enable us to be the Next Day Air delivery to space.
“We much appreciate the positive attitude at Yuma Proving Ground and their keeping costs under control. If we went elsewhere, we could never finish the sequence and the world would be denied this very promising launch technology.”
All inquiries are welcome. For more information and videos, see the website www.greenlaunch.space. The contact below has more information on this revolutionary Green Launch project.
Eric Robinson (This email address is being protected from spambots. You need JavaScript enabled to view it.)
Tel: +1.408.422.1096
The two companies will focus on integrating distributed energy solutions in commercial, public works, and multifamily properties as new state mandates are announced.
AUSTIN, Texas--(BUSINESS WIRE)--As California requires solar plus storage systems for all new commercial and multifamily construction beginning in 2023, Yotta Energy is joining forces with Cal Solar Inc., the leading solar and energy storage design-build engineer and contractor for new commercial and multifamily construction. The companies will work together to deploy statewide renewable energy solutions to meet California mandate requirements.
Developers, architects, and general contractors entrust Cal Solar Inc. with their new construction projects throughout California because the company has a team of in-house installers, electricians, and engineers who can update construction documents based on building design changes that occur throughout the design and construction phases. “Despite the global pandemic, we were already experiencing an unprecedented demand for solar energy,” said Sean Neman, CEO & Founder of Cal Solar Inc. “With the new building code requirements that go into effect in 2023, we anticipate that the demand for solar and storage will continue outpacing industry analysts’ predictions. With Yotta’s modular and distributed energy storage solution, we’ll be able to meet our customers’ needs effectively as they look to meet these aggressive state energy goals.”
Yotta’s energy storage system will be designed as a virtual-power-plant-ready installation, meaning in addition to battery charging from the solar photovoltaic (PV) system, Yotta’s energy storage system provides time-of-use software control. This capability saves users money by allowing the battery to be discharged when electricity prices are high.
“With more policies now requiring energy storage, we’ll see the industry adopt more innovative ways to include it with new construction. The mandates will also bring energy storage to the forefront and drive innovation in the sector,” said Omeed Badkoobeh, CEO of Yotta Energy. “This partnership provides clients with a solar plus storage solution as an avenue to meet the latest code requirements. We are excited to work with Cal Solar Inc. as its expertise plays an imperative role in making the rapid deployment of solar plus storage a reality.”
The California Building Energy Efficiency Standards will take effect on January 1, 2023, requiring all new commercial and multifamily construction to include solar plus energy storage, and all new residential construction to have energy-storage-ready solar PV systems. The state anticipates adding 280 MW of annual solar capacity and 400 MWh of energy storage with these requirements.
Yotta Energy recently announced a funding raise of $13 million to scale its unique, modular energy storage and microgrid technology, specifically designed to transform buildings into self-generating power plants. Led by WIND Ventures, the Series A round includes follow-on investors Doral Energy-Tech Ventures, Riverstone Ventures, and returning investors, EDP Ventures, and SWAN Impact Network. The round brings the company’s total funding to $20 million. This partnership and its collaboration with Cal Solar Inc. represent significant milestones as Yotta Energy looks to move the industry forward with its innovative plug-and-play solar plus storage solution.
Yotta Energy will attend Intersolar North America, which is set to kick off on January 13, 2022, in Long Beach, California. The company will also be exhibiting and will be at booth #1609.
About Yotta Energy
Yotta Energy is a renewable energy storage company headquartered in Austin, Texas. Yotta has developed unique PV-Coupled™ architecture, a smart energy storage solution designed to scale with rooftop solar PV projects effortlessly. At about the size of a briefcase, Yotta's patented panel-level energy storage solution can fit under any industry standard solar module, neatly integrating with the solar racking array. Yotta's technology features advanced thermal management to maintain an optimal working temperature even under extreme outdoor conditions. As an integrated software plus hardware solution, Yotta also helps address grid outages by enhancing grid resilience and reliability. Yotta’s technology allows for a much lower total installation cost for rooftop solar-plus-storage than any other current energy storage system available today. Learn more at www.yottaenergy.com.
About Cal Solar Inc.
Cal Solar Inc. is a fully integrated design-build and maintenance contractor with over 100 in-house electricians and installers throughout California. Cal Solar Inc. also has 10 in-house experienced, professional engineers. Cal Solar Inc. designs and builds commercial, public works, and multifamily projects throughout California. Cal Solar Inc.’s unique approach to in-house and fully-integrated construction teams ensures projects are within budget and stay on schedule. Our systems reliably deliver low-cost solar energy to businesses, public works, and multifamily housing communities. Our experienced engineers and installers combined with our post-installation system monitoring, service, and maintenance provide complete turn-key solutions for all of your solar needs. Learn more at www.calsolarinc.com.
Technica Communications for Yotta Energy
Gabrielle Reitano
Account Manager
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408-806-9626 ext. 9783
BOCA RATON, Fla.--(BUSINESS WIRE)--Bluegreen Vacations announced today that its Club Services Team won the Best-in-Class Remote Contact Center of 2021 award at the CCW Excellence Awards ceremony which took place in Las Vegas, Nevada. The CCW Best-in-Class Remote Contact Center award acknowledges the team that demonstrates exceptional operational performance and a customer-centric organizational culture with a fully remote workforce.
“This award is especially meaningful because it is a testament to our team’s hard work and ability to quickly adapt to a remote setting, as well as overcome the new challenges that we’ve had to navigate due to COVID-19. Despite the hurdles of the pandemic, our Club Services associates stepped up to the challenge and continued to deliver award-winning customer care,” commented Angela Blevins, Bluegreen Vacations’ Senior Vice President of Club Services and Customer Care. “At Bluegreen, the safety and health of our guests and our employees is job number one, and we are very pleased to see the dedication of our Club Services team acknowledged by CCW’s Best-in-Class award.”
About CCW
CCW, Customer Contact Week, is the world’s largest customer contact event series. For over 20 years, CCW serves more than 3,000 attendees annually ranging from customer titles of all types to the many professionals responsible for holistic customer experience design and delivery. CCW is brought to you by the Customer Management Practice – the Analyst, Advisor, and Industry Network for all things Customer Management.
About Bluegreen Vacations:
Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) is a Florida-based holding company whose operations relate to the operations of its wholly owned subsidiary, Bluegreen Vacations Corporation, a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with 68 Club and Club Associate Resorts and access to nearly 11,300 other hotels and resorts through partnerships and exchange networks. The Company, through Bluegreen Vacations Corporation, also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services to, or on behalf of, third parties. For further information, please visit us at www.BluegreenVacations.com.
Bluegreen Vacations Contact Info:
Media and Public Relations: Marcia McLaughlin
Telephone: 561-912-8115
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DUBLIN--(BUSINESS WIRE)--The "Global Thin-Film Solar Cell Market: Size, Trends & Forecasts (2022-2026 Edition)" report has been added to ResearchAndMarkets.com's offering.
Global Thin-Film Solar Cell Market report provides an in-depth analysis of the global thin-film solar cell market by value, by technology type, by end-user, by region, etc. The report also provides a detailed analysis of the UK thin-film solar cell market by value and by end-user.
Thin-film solar cells have gained popularity in different industrial verticals. The major applications of thin-film solar cells are: institutional and commercial buildings with large rooftops, solar farms, forest areas, rooftops of buses, and large-sized water tanks to supply power for pumping water.
Thin-film solar cells have a long history with continuous technological developments. The global thin-film solar cell market has increased significantly during the years 2020-2021 and projections are made that the market would rise in the next four years i.e. 2022-2026 tremendously.
The thin-film solar cell market is expected to increase due to increasing demand for electricity, rising solar photovoltaic (PV) installed capacity, declining solar prices, growing use of renewable energy, integration of thin-film solar cells in electric vehicles, technological advancements associated with the thin-film solar cells, etc. Yet the market faces some challenges such as high installation cost, the introduction of third-generation solar cells, etc.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global thin-film solar cell market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global thin-film solar cell market is fragmented with many market players operating worldwide. Some thin-film solar cell market players operate on a local level while other players operate on a regional and global level.
Further, key players of the thin-film solar cell market are First Solar, Inc., Ascent Solar Technologies, Inc., Oxford Photovoltaics Limited, Showa Shell Sekiyu K.K. (Solar Frontier K.K.) are also profiled with their financial information and respective business strategies.
Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Solar Cell: An Overview
2.1.1 History of Solar Cell
2.1.2 Solar Cell Technologies
2.2 Thin-Film Solar Cell: An Overview
2.2.1 Working of Thin-Film Solar Cell
2.2.2 Features of Thin-Film Solar Cell
2.2.3 Applications of Thin-Film Solar Cell
2.3 Thin-Film Solar Cell Segmentation: An Overview
2.3.1 Thin-Film Solar Cell Segmentation by Technology Type
2.3.2 Thin-Film Solar Cell Segmentation by Installation and End User
3. Global Market Analysis
3.1 Global Thin-Film Solar Cell Market: An Analysis
3.1.1 Global Thin-film Solar Cell Market by Value
3.1.2 Global Thin-film Solar Cell Market by Technology Type (Copper Indium Gallium Diselenide (CIGS), Cadmium Telluride (CdTe), and Amorphous Silicon (A-Si))
3.1.3 Global Thin-film Solar Cell Market by End User (Utility, Commercial, and Residential)
3.1.4 Global Thin-film Solar Cell Market by Region (Europe, North America, Asia Pacific, and ROW)
3.2 Global Thin-Film Solar Cell Market: Technology Type Analysis
3.2.1 Global Copper Indium Gallium Diselenide (CIGS) Thin-Film Solar Cell Market by Value
3.2.2 Global Cadmium Telluride (CdTe)Thin-Film Solar Cell Market by Value
3.2.3 Global Amorphous Silicon (A-Si) Thin-Film Solar Cell Market by Value
3.3 Global Thin-Film Solar Cell Market: End User Analysis
3.3.1 Global Residential Thin-Film Solar Cell Market by Value
3.3.2 Global Commercial Thin-Film Solar Cell Market by Value
3.3.3 Global Utility Thin-Film Solar Cell Market by Value
4. Regional Market Analysis
4.1 Europe Thin-Film Solar Cell Market: An Analysis
4.1.1 Europe Thin-Film Solar Cell Market by Value
4.1.2 Europe Thin-Film Solar Cell Market by Region (UK, and Rest of Europe)
4.1.3 UK Thin-Film Solar Cell Market by Value
4.1.4 UK Thin-Film Solar Cell Market by End User (Utility, Residential, and Commercial)
4.1.5 UK Residential Thin-Film Solar Cell Market by Value
4.1.6 UK Commercial Thin-Film Solar Cell Market by Value
4.1.7 UK Utility Thin-Film Solar Cell Market by Value
4.1.8 Rest of Europe Thin-Film Solar Cell Market by Value
4.2 North America Thin-Film Solar Cell Market: An Analysis
4.3 Asia Pacific Thin-Film Solar Cell Market: An Analysis
4.4 ROW Thin-Film Solar Cell Market: An Analysis
5. Market Dynamics
5.1 Growth Driver
5.1.1 Increasing Demand for Electricity
5.1.2 Rising Solar Photovoltaic (PV) Installed Capacity
5.1.3 Declining Solar Prices
5.1.4 Growing Use of Renewable Energy
5.1.5 Integration of Thin-Film Solar Cells in Electric Vehicles
5.1.6 Technological Advancements Associated with the Thin-Film Solar Cells
5.2 Challenges
5.2.1 High Installation Cost
5.2.2 Introduction of Third Generation Solar Cells
5.3 Market Trends
5.3.1 Increasing Awareness Towards Green Energy
5.3.2 Growing Popularity of CIGS Technology
5.3.3 Rising Preference of Off-Grid Electrification
6. Competitive Landscape
6.1 Global Thin-Film Solar Cell Market Players by Product Types
7. Company Profiles
7.1 Business Overview
7.2 Business Strategy
For more information about this report visit https://www.researchandmarkets.com/r/ytyhzz
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About Itron
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