HOUSTON--(BUSINESS WIRE)--Jim Hart, from the law firm Williams Hart & Boundas, has been hired to represent one of the workers severely injured in an accident that occurred on December 5, 2022, at an East Texas oilfield. According to officials, workers in San Augustine, Texas, were attempting to restart a “loose hydraulic line” when accumulated pressure on that line caused it to rupture, killing two workers and injuring our client.

Williams Hart & Boundas has represented families in the aftermath of oilfield incidents for over 35 years. Jim Hart has first-hand experience and knowledge in these types of cases. We have seen the impact an oilfield or plant explosion can have on workers and the community, and we are proud to have secured millions of dollars on behalf of injured workers.

Our experienced oilfield accident lawyers have built a reputation for successfully navigating complex injury claims since 1983. Founding partner John Eddie Williams’ father and grandfather were union longshoremen, and he strongly advocates for workers’ rights and safe workplaces. Jim Hart has represented several local unions and their workers for over 30 years. Our experienced trial team is prepared to help work accident victims pursue fair compensation.

If you or a loved one was a victim of an oilfield accident, contact us for a free consultation. There is no upfront cost, and we will gladly answer any questions you may have. At Williams Hart & Boundas, we believe victims and their families deserve honest, loyal, and transparent representation.

Marketing Director Stephanie James
713-230-2200

DUBLIN--(BUSINESS WIRE)--The "Growth Opportunities for the Electrification of Oil & Gas Operations" report has been added to ResearchAndMarkets.com's offering.

This study explores electrification in the transition to decarbonization of upstream O&G operations. It examines the key enablers of electrification and opportunities segmented by renewable energy (wind and solar) technology and platform (onshore and offshore) type. A comprehensive analysis of existing electrification technologies across these sectors is included.

Alongside major trends such as carbon capture, hydrogen production and usage, and energy efficiency, the electrification of oil and gas (O&G) operations using renewable energy sources will be a major area of opportunity for decades to come.

Globally, governments are looking for solutions across sectors to mitigate climate change and support decarbonization, and the O&G industry holds the biggest opportunities. The route to decarbonization requires supportive regulatory frameworks that mandate energy efficiency and emission reduction measures across all sectors. To achieve a low-carbon future, significant economic investment in renewables; hydrogen; bioenergy; carbon capture, storage, and utilization (CCUS); and electrification are required.

Despite the significant potential to reduce carbon emissions, the electrification of O&G operations remains nascent. However, innovation among suppliers and supporting policies and regulatory frameworks from governments will boost adoption.

Most electrification technologies are commercially available, yet the high capital costs associated with replacing existing fossil fuel-based infrastructure, high electricity prices, lack of government incentives, and poor awareness are significant barriers to O&G electrification. But these restraints are changing as decarbonization goals become more urgent and a period of growth for electrification looms.

KEY ISSUES ADDRESSED

• What role will electrification play in the energy transition and decarbonization of O&G operations?
• What needs to happen in the O&G industry to enable large-scale electrification?
• What can O&G companies do to reduce their scope 2 emissions?
• What technological developments are needed to achieve this electric transition?
• What will be the most attractive growth opportunities?

Key Topics Covered:

1. Strategic Imperatives

• Why Is It Increasingly Difficult to Grow?
• The Strategic Imperative
• The Impact of the Top 3 Strategic Imperatives on the Oil & Gas (O&G) Electrification Industry
• Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis

• Scope of Analysis
• Segmentation
• Value Chain
• Key Competitors
• Industrial Electrification Enablers
• Electrification: An Introduction
• Electrification: The Key Benefits
• Electrification: Enabling the Growth of Hybrid Energy Systems
• Carbon Emissions, Scope and Definitions
• Carbon Emissions, Reduction Strategies
• Global O&G Sector, Carbon Emissions
• Global O&G Sector, Reported Scope 2 Carbon Emissions
• Key Benefits of Upstream Oil & Gas Electrification
• Ways to Electrify the Upstream O&G Sector
• Oil & Gas Electrification Technologies
• Key Strategies to Accelerate Oil & Gas Electrification
• Oil & Gas Electrification: Development Roadmap
• Growth Metrics
• Growth Drivers
• Growth Restraints
• Competitive Environment
• Revenue Share

3. Key Pillars for Oil & Gas Electrification

• Pillars for Oil & Gas Electrification
• Solar Energy
• Wind Energy
• Energy Storage
• Drilling Technologies
• Forecast Assumptions
• Capacity Forecast
• Forecast Analysis

4. Trends by Renewable Energy Source: Solar and Wind

• Oil & Gas Investments in Renewable Energy by Source
• Oil & Gas Electrification: Focus on Solar Energy
• Oil & Gas Electrification: Focus on Wind Energy

5. Trends by Platform Type: Onshore and Offshore

• Investments in Renewable Energy by Type of Platform
• Oil & Gas Electrification: Focus on Onshore Platforms
• Oil & Gas Electrification: Focus on Offshore Platforms

6. Trends by Electrification Technology

• Microgrid Technologies
• Solar Lead Crystal Batteries
• Floating Wind Turbines
• Power from Shore

7. Oil & Gas Electrification Solution Providers

• Highlights of Key Players

8. Growth Opportunity Universe

• Growth Opportunity 1: Floating Solar Energy
• Growth Opportunity 2: Power Conversion Technologies
• Growth Opportunity 3: Subsea Electrification

9. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/12x73i

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE:INT) announced today that its board of directors has declared a quarterly cash dividend of $0.14 per share, which is payable on January 6, 2023 to shareholders of record on December 23, 2022.

About World Fuel Services Corporation

Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing energy procurement advisory services, supply fulfillment and transaction and payment management solutions to commercial and industrial customers, principally in the aviation, marine and land transportation industries. World Fuel Services also offers natural gas and electricity, as well as energy advisory services, including programs for sustainability solutions and renewable energy alternatives. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.

For more information, visit www.wfscorp.com.

Ira M. Birns
Executive Vice President & Chief Financial Officer
or
Glenn Klevitz
Vice President, Treasurer and Investor Relations
(305) 428-8000
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Continued Commitment to Disciplined Capital Allocation

HOUSTON--(BUSINESS WIRE)--$PSX--Phillips 66 (NYSE: PSX) today announced a 2023 capital program of $2 billion, including $865 million for sustaining capital and $1.1 billion for growth capital. Approximately 50% of growth capital supports lower-carbon opportunities. The capital program is consistent with the company’s commitment to maintain a $2 billion annual budget through 2024.

“The 2023 capital program reflects our ongoing commitment to capital discipline,” said Mark Lashier, President and CEO of Phillips 66. “Through our Business Transformation, we are capturing $200 million of sustaining capital efficiencies while prioritizing safety and reliability. We are also investing in returns-focused growth opportunities, including enhancing our NGL platform and converting our Rodeo facility to produce lower-carbon renewable fuels.

“Additionally, the capital program supports our commitment to return $10 billion to $12 billion to shareholders between the second half of 2022 and the end of 2024 through a secure, competitive and growing dividend and share repurchases.”

The Midstream capital plan of $639 million comprises $329 million for sustaining projects and $310 million for growth projects. Growth capital will be directed toward enhancing the company’s integrated NGL value chain from wellhead to market. The Midstream expected spend includes 100 percent of DCP Midstream, LP’s sustaining capital of $150 million and $125 million of growth capital.

In Refining, Phillips 66 plans to invest $1.1 billion, including $389 million for reliability, safety and environmental projects. Refining growth capital of $729 million includes the continuing conversion of the San Francisco Refinery in Rodeo, California, into one of the world’s largest renewable fuels facilities. The conversion will reduce emissions from the facility and produce lower carbon-intensity transportation fuels. Refining growth capital will also support opportunities for high-return, low-capital projects to improve asset reliability and market capture.

The Marketing and Specialties capital plan reflects the continued development and enhancement of the company’s retail network, including energy transition opportunities.

Corporate and Other capital will primarily fund digital transformation and information technology projects.

Phillips 66’s proportionate share of capital spending by joint ventures Chevron Phillips Chemical Company LLC (CPChem) and WRB Refining LP (WRB) is expected to total $1.1 billion and be self-funded.

CPChem’s growth capital will fund construction of an integrated polymers facility on the U.S. Gulf Coast. The facility, expected to begin operations in 2026, will include a 4,600 million pounds per year ethane cracker and two 2,200 million pounds per year high-density polyethylene units. CPChem continues expansion of its propylene splitting capacity and normal alpha olefins production, as well as other optimization and debottleneck opportunities. In addition, CPChem will continue development of a world-scale petrochemical project in Ras Laffan, Qatar, with a final investment decision expected in early 2023.

WRB’s capital spending will be directed to sustaining projects, crude flexibility and enhancing clean product yield.

Including Phillips 66’s proportionate share of capital spending associated with joint ventures CPChem and WRB, the company’s total 2023 capital program is projected to be $3.1 billion.

About Phillips 66

Phillips 66 (NYSE: PSX) manufactures, transports and markets products that drive the global economy. The diversified energy company’s portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn or Twitter.

^{CAUTIONARY STATEMENT FOR THE PURPOSES OF THE “SAFE HARBOR” PROVISIONS
OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995}

^{This news release contains forward-looking statements within the meaning of the federal securities laws. Words such as “anticipated,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future performance and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: the effects of any widespread public health crisis and its negative impact on commercial activity and demand for refined petroleum products; the inability to timely obtain or maintain permits necessary for capital projects; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs like the renewable fuel standards program, low carbon fuel standards and tax credits for biofuels; fluctuations in NGL, crude oil, and natural gas prices, and petrochemical and refining margins; our ability to consummate the proposed transaction to acquire all of the publicly-held common units of DCP Midstream, LP (DCP Midstream) and the timing and cost associated therewith; our ability to achieve the expected benefits of the integration of DCP Midstream and from the proposed transaction, if consummated; the diversion of management’s time on transaction- and integration-related matters; the success of the company’s Business Transformation initiatives and the realization of savings from actions taken in connection therewith; unexpected changes in costs for constructing, modifying or operating our facilities; unexpected difficulties in manufacturing, refining or transporting our products; the level and success of drilling and production volumes around our Midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; lack of, or disruptions in, adequate and reliable transportation for our NGL, crude oil, natural gas, and refined products; potential liability from litigation or for remedial actions, including removal and reclamation obligations under environmental regulations; failure to complete construction of capital projects on time and within budget; the inability to comply with governmental regulations or make capital expenditures to maintain compliance; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets, which may also impact our ability to repurchase shares and declare and pay dividends; potential disruption of our operations due to accidents, weather events, including as a result of climate change, acts of terrorism or cyberattacks; general domestic and international economic and political developments including armed hostilities (including the Russia-Ukraine war), expropriation of assets, and other political, economic or diplomatic developments; international monetary conditions and exchange controls; changes in governmental policies relating to NGL, crude oil, natural gas, refined petroleum products, or renewable fuels pricing, regulation or taxation, including exports; changes in estimates or projections used to assess fair value of intangible assets, goodwill and property and equipment and/or strategic decisions with respect to our asset portfolio that cause impairment charges; investments required, or reduced demand for products, as a result of environmental rules and regulations; changes in tax, environmental and other laws and regulations (including alternative energy mandates); political and societal concerns about climate change that could result in changes to our business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of equity affiliates we do not control; and other economic, business, competitive and/or regulatory factors affecting Phillips 66’s businesses generally as set forth in our filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.}

^{Use of Non-GAAP Financial Information — The disaggregation of capital spending between sustaining and growth is not a distinction recognized under generally accepted accounting principles in the United States. The company provides such disaggregated information to demonstrate management’s return expectations with respect to capital spending.}

Jeff Dietert (investors)
832-765-2297
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Shannon Holy (investors)
832-765-2297
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Thaddeus Herrick (media)
855-841-2368
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AUSTIN, Texas--(BUSINESS WIRE)--VettaFi announced today that USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) will be added to its Alerian MLP Index (AMZ) and Alerian MLP Equal Weight Index (AMZE) following the close of trading on Friday, December 16.

The Alerian MLP Index is a capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from midstream activities involving energy commodities. The Alerian MLP Equal Weight Index includes the same companies as the Alerian MLP Index, but allocates the same weight to each constituent at each rebalancing. “USA Compression is extremely pleased with its near-term inclusion within the Alerian MLP indices, which is consistent with natural gas compression services’ status as a vital component within the broader midstream value chain,” commented Eric D. Long, USA Compression’s President and Chief Executive Officer.

The Alerian Index Series is widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance.

About USA Compression Partners, LP

USA Compression Partners, LP is a growth-oriented Delaware limited partnership that is one of the nation’s largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at usacompression.com.

USA Compression Partners, LP
Mike Pearl, CFO
(832) 823-7306

Julie McEwen, Controller
(512) 369-1389

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DUBLIN--(BUSINESS WIRE)--The "Myanmar Energy Monitor (Premium Subscription)" newsletter has been added to ResearchAndMarkets.com's offering.

The Myanmar Energy Monitor enables companies and organisations to identify business opportunities, locate potential partners, clients or suppliers, track trends, conduct market research and stay abreast of new legislation relevant to the sector.

It is ideally suited to companies with a serious interest or existing business in the Myanmar energy sector, and who require accurate, comprehensive and timely information on the industry.

Subscribers have full access to the online platform, plus the weekly Myanmar Energy Brief publication, which is also available to purchase separately.

The Myanmar Energy Monitor platform features:

• Ongoing news and analysis
• Tenders from public and private-sector sources, updated regularly
• Profiles of companies and bodies involved in the Myanmar energy sector, spanning E&P, oil and gas services, renewables, engineering, contracting and suppliers
• Original and third-party data, maps and other resources on the Myanmar energy sector
• Copies of key energy legislation relevant to the industry.

Myanmar Energy Brief

Relevant for companies still following the market from overseas, or already active on the ground, our Myanmar Energy Brief provides an in-depth review of the week's developments.

Researched and produced by the team in Yangon, it offers comprehensive, accurate and insightful content on the Myanmar energy sector, covering a range of topics such as:

• Companies and contracts
• Legislation and government news
• All new and open tenders
• New data on the Myanmar energy sector
• Details of upcoming events, conferences and exhibitions.

Who should purchase this subscription:

• Managers
• Analysts
• CEO's
• Researchers
• Agents
• Marketing
• Business Development

Energy Monitor Premium Subscription

The Energy Monitor Premium Subscription provides full access to all features including News, Tenders, Project tracker, company database and Data and Resources library, plus Weekly Energy Monitor Brief.

It includes:

• Daily review and analysis of news from local and international sources
• Tenders listings, updated daily
• Data and resources library with industry statistics, copies of laws and decrees, and more as below
• Project tracker - a unique resource tracking 120+ in-progress energy projects in Yangon - for example: Project Profile - Myingyan (Sembcorp) combined-cycle
• Company tracker with 400+ in-depth company profiles - for example: Company Profile - Woodside Energy
• 50 issues of Weekly Brief email with full updates on news, projects, companies, data and more.

Key Topics Covered:

Market Updates

• MoEE marks two years under NLD government

The Notices to Proceed in January for four large projects loom large, as Minister U Win Khaing looks back on ministry accomplishments

• Conglomerate receives approval for fuel terminal

A company connected with KBZ Group has received Myanmar Investment Commission permission to open a fuel terminal in southeast Yangon

• Analysis: Fuel price rise spurs responses

Oil prices are rising everywhere and Myanmar has not escaped unscathed, prompting a range of public and private responses

• Ywama revenue, profit decline on year
• Sale planned for locally-refined fuel
• Canadian company to begin talks for OSB development
• Another attempt coming for Dawei electricity tender after failure
• Bangladesh eyes cross-border electricity imports
• Myawaddy diesel generation firm receives endorsement
• Thilawa power demand currently below capacity
• Pre-bid meeting held for NEP tender
• Mandalay residents protest coal power use
• Implementation begins for second mini-grid batch
• Deadline given for illegal use of electricity poles
• Tanintharyi delegation inspects solar home systems
• Myeik villages to receive electricity
• SolarHome installs more home systems
• MOGE income from major projects discussed
• LPG imports spike at border gate
• Local electrification improvement round up, 26 April
• This week's company and project updates

This Week's Tenders

• Supply of diesel in Bago
• Purchase of urea fertiliser in May
• Supply of accessories to MESC
• Supply of electrical accessories to government ministry
• Purchase of petroleum products from three facilities

Data

• Weekly fuel prices, Fuel retail prices by city

Companies Mentioned

• 24 Hour Group of Companies
• A1 Group of Companies
• ABB Myanmar
• AMOE Energy
• APR Energy
• Able Winners
• Ace & Beyond Group of Companies
• Active Business Consolidation Service (ABCT)
• Aggreko Myanmar
• Agricultural and Industrial Development
• Allalloy Myanmar
• Alpha ECC
• Alpha Power Engineering
• Anawar Hlwam
• Andaman Capital Partners
• Andaman Power and Utility (APU)
• Andritz Hydro
• Apave Myanmar Company
• Apex Gas and Oil Public
• Apex Geo Services
• Artelia Myanmar
• Asia AVA Gas
• Asia Drilling Pte
• Asia Energy Supply and Services
• Asia General Holding
• Asia Guiding Star Services
• Asia Megavo Engineering Services
• Asia Solar
• Asia Steel Construction
• Asia Sun Group
• Asia Time Group
• Asia World
• Asian Geos Sdn Bhd
• Aung Kyun Thar Trading (Mobil lubricants)
• Aung Naing Thitsar
• Aung Zabu Tun Industrial
• Aunggabar
• Auto Trust (Lube Analysis & Diagnosis Centre)
• AutoVox (Myanmar) (Motul lubricants)
• Aver Asia (Myanmar)
• Awra Energy Public Company
• Ayer Shwe Wah
• Ayeyar Hinthar Group
• BG Exploration and Production Myanmar (now under ownership of Shell Myanmar Energy)
• Baker McKenzie
• Barons & Fujikura EPC
• Bashneft International
• Be One Energy
• Berlanga Holding
• Bintang Subsea Myanmar
• Black & Veatch
• Bosch Myanmar
• Bright Time Resources
• Brighter Energy (KBZ Group)
• Brighterlite Myanmar
• Brunei National Petroleum (Petroleum Brunei Myanmar)
• Burma Environmental Working Group
• Burma Rivers Network
• CITIC Construction
• CNOOC (China National Offshore Oil Corporation)
• COSL Myanmar
• Canadian Foresight Group (CFG)
• Central Asia Oil and Gas (CAOG)
• Century Bright Gold (KMA Mining)
• Champion Construction
• Chevron (Unocal Myanmar Offshore)
• Chin Corp Myanmar
• And Many More Companies!

For more information about this newsletter visit https://www.researchandmarkets.com/r/6zb7d1

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, January 24, 2023, to discuss its fourth quarter 2022 financial results. The call will begin at 8 a.m. CT (9 a.m. ET).

The Company will issue a press release regarding the fourth quarter 2022 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com.

Please visit the Halliburton website to listen to the call via live webcast. A recorded version will be available under the same link immediately following the conclusion of the conference call. You can also pre-register for the conference call and obtain your dial in number and passcode by clicking here.

About Halliburton

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on Facebook, Twitter, LinkedIn, Instagram and YouTube.

For Investors:
David Coleman
Investor Relations
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281-871-2688

For News Media:
Emily Mir
External Affairs
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281-871-2601

DUBLIN--(BUSINESS WIRE)--The "Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services" report has been added to ResearchAndMarkets.com's offering.

This report studies the global maritime SATCOM services market in seven application areas: commercial shipping, fishing, passenger ships and ferries, leisure and yachting, offshore energy, cruise, and government/defense.

The study covers maritime SATCOM service market participants, focusing on those providing value-added services. This study does not address hardware related to the maritime SATCOM industry, including SATCOM terminals, parts, equipment, receivers, antennas, and modems.

As the world gets more connected, the demand for connectivity grows, including at sea. Customers' and crew members' increasing appetite for broadband connectivity drives many segments of the maritime industry to adopt maritime satellite communication (SATCOM) services.

Vessel and ship digitalization, automation, and smart shipping are trends powering the need for increased connectivity at sea. In response, market players are developing new technology solutions to provide the high-speed connectivity necessary for better fleet operational efficiency, enhance crew and customer welfare, and support critical decision-making.

Other information includes:

• Market drivers and restraints
• Revenue forecast by solution and service type (2021-2030)
• Leading competitors by region and segment
• Growth opportunities in the seven application areas

Key Topics Covered:

1. Strategic Imperatives

• Why is it Increasingly Difficult to Grow?
• The Strategic Imperative
• The Impact of the Top 3 Strategic Imperatives on the Maritime SATCOM Services Industry
• Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis

• Scope and Methodology
• Segmentation Based on the Markets Served
• Competitors by Region
• Competitors by Segment
• Growing Data Needs at Sea Are Pushing the Maritime SATCOM Sector to Evolve to Adopt NGSO Satellite Constellations
• The Impact of LEO Satellite Constellations
• Growth Metrics
• Growth Drivers
• Growth Driver Analysis
• Growth Restraints
• Growth Restraint Analysis
• Forecast Assumptions
• Revenue Forecast
• Revenue Forecast by Solution Type
• Revenue Forecast by Service Type
• Revenue Forecast by Application
• Revenue Forecast by Region
• Competitive Environment
• Revenue Share

3. Commercial Shipping

• Growth Metrics
• Revenue Forecast
• Revenue Forecast by Region
• Forecast Analysis

4. Fishing

• Growth Metrics
• Revenue Forecast
• Revenue Forecast by Region
• Forecast Analysis

5. Passenger Ships and Ferries

• Growth Metrics
• Revenue Forecast
• Revenue Forecast by Region
• Forecast Analysis

6. Leisure and Yachting

• Growth Metrics
• Revenue Forecast
• Revenue Forecast by Region
• Forecast Analysis

7. Offshore Energy

• Growth Metrics
• Revenue Forecast
• Revenue Forecast by Region
• Forecast Analysis

8. Cruise

• Growth Metrics
• Revenue Forecast
• Revenue Forecast by Region
• Forecast Analysis

9. Government/Defense

• Growth Metrics
• Revenue Forecast
• Revenue Forecast by Region
• Forecast Analysis

10. Growth Opportunity Universe

• Growth Opportunity 1: Strategic Partnerships with Fleet Operators, Cruise Charters, and Ship Owners
• Growth Opportunity 2: Strategic Partnerships with NGSO Satellite and Network Operators
• Growth Opportunity 3: Partnership with ICT and Cybersecurity Industry Participants

11. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/kuf53j

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

DUBLIN--(BUSINESS WIRE)--The "Solar Tracker Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global solar tracker market.

The global solar tracker market is expected to grow from $6.73 billion in 2021 to $7.72 billion in 2022 at a compound annual growth rate (CAGR) of 14.69%. The solar tracker market is expected to grow to $13.58 billion in 2026 at a compound annual growth rate (CAGR) of 15.15%.

Companies Mentioned

• NEXTracker Inc.
• Array Technologies Inc.
• PVHardware
• Arctech Solar
• Soltec Trackers

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Major players in the solar tracker market are NEXTracker Inc, Array Technologies Inc, PVHardware, Arctech Solar, Soltec Trackers, Nclave Renewable, Convert Italia, STI Norland, Soluciones Tecnicas Integrales Norland SL, Nextracker Inc (Flex Ltd), Scorpius Trackers, Gonvarri Steel Services, GameChange Solar, Solar Steel, and Abengoa Solar.

The solar tracker market consists of sales of the solar tracker by entities (organizations, sole traders, and partnerships) that refer to a system that positions solar panels at an angle relative to the sun to absorb more sunlight and generate more electricity. Active solar tracking systems utilize powered machineries such as gears and motors to move solar panels, whereas passive tracker attains motion by heating compressed liquid by the sun.

The main axis type of solar tracker includes a single axis and dual axis. A single-axis solar tracking system moves a PV panel on an approximate trajectory relative to the Sun's position using a tilted PV panel mount and one electric motor. The axis of rotation can be horizontal, vertical, or oblique. The solar tracker is deployed on different technologies which include solar photovoltaic (PV), concentrated solar power (CSP), and concentrated photovoltaic (CPV). They are widely used in residential, commercial & industrial, and utility applications.

North America was the largest region in the solar tracker market in 2021. The regions covered in the solar tracker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The solar tracker market research report is one of a series of new reports that provides solar tracker market statistics, including solar tracker industry global market size, regional shares, competitors with a solar tracker market share, detailed solar tracker market segments, market trends and opportunities, and any further data you may need to thrive in the solar tracker industry. This solar tracker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

An increase in the number of solar panel installations across the globe is expected to propel the growth of the solar tracker market. Increasing government shift toward renewable energy projects and growing investment by residential customers towards environmentally friendly energy sources have contributed to strong growth in solar panel installations across the globe.

The rapid growth in solar panel installations is expected to boost demand for solar trackers, as they are widely used to enhance the energy output and efficiency in new installations.

According to the International Energy Agency (IEA) Solar PV tracking report published in 2021, In 2020, overall, 133 GW of solar PV were installed globally. Additionally, the solar power generation across the globe increased from 665.0TWh in 2019 to 821.0TWh in 2020, at a year-on-year growth rate of 23%. Thus, an increase in the number of solar panel installations is expected to boost demand for solar trackers during the forecast period.

New product developments are the key trend gaining popularity in the solar tracker market. Major companies operating in the solar tracker market are focused on developing innovative products to meet industry-specific technical demands and strengthen their market position across the globe.

In January 2022, Array, a USA-based manufacturer of solar trackers, acquired STI Norland for $652.16 million. With this acquisition, STI Norland will be part of the Array, and this deal is an essential first step in Array's expansion strategy, to increase its business presence across the globe. The merging of Array and STI Norland is predicted to have dominant positions in the solar market outside China and India. It also allows the company to continue relationships with key international customers and create access to a lower-cost, proven product. STI Norland is a Spanish-based manufacturer of solar trackers.

The countries covered in the solar tracker market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

For more information about this report visit https://www.researchandmarkets.com/r/w78pqh

ResearchAndMarkets.com
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ATLANTIC CITY, N.J.--(BUSINESS WIRE)--Atlantic Shores Offshore Wind Project 1, LLC (Atlantic Shores Project 1), a wholly owned subsidiary of Atlantic Shores Offshore Wind, LLC (Atlantic Shores), a 50:50 partnership between Shell New Energies US LLC and EDF-RE Offshore Development, LLC, announced it has executed a Pre-Commitment and Capacity Reservation Agreement (PCCRA) with EEW American Offshore Structures Inc. (EEW-AOS) to serve as the manufacturing company for monopiles on its 1.5 GW offshore wind project.

Located approximately 10-20 miles off the coast of Atlantic City, New Jersey, Atlantic Shores Project 1 will generate enough clean energy to power more than 700,000 homes and bring $848 million in guaranteed local economic benefits to the state. Atlantic Shores Project 1 is the largest single project awarded in New Jersey and third largest offshore wind project in the United States.

EEW Group is a global leader in manufacturing large-diameter steel pipes for offshore wind turbine foundations. EEW American Offshores Structures (EEW-AOS) at the Port of Paulsboro Marine Terminal in New Jersey will be the largest offshore wind manufacturing facility in the United States.

The PCCRA enables Atlantic Shores Project 1 to fully fabricate their monopiles in New Jersey and provides EEW-AOS the order book commitments needed to support the second phase (Phase 2) of their manufacturing facility. Atlantic Shores Project 1 will also provide future payments for start-up assistance in order to train and hire a local workforce for high-quality, in-demand jobs at the facility. EEW-AOS is working with its partners and the State of New Jersey to achieve all prerequisites to progress work on the second build-out phase at Port of Paulsboro Marine Terminal.

“Atlantic Shores is thrilled to partner with EEW-AOS and signal our strength as the leader of New Jersey’s clean energy economy,” said Joris Veldhoven, Chief Executive Officer of Atlantic Shores Offshore Wind. “With the recent announcements of Vestas as our turbine supplier and Ramboll as foundations designer, this agreement with EEW-AOS represents significant progress towards ‘Made in New Jersey’ monopile manufacturing and the creation of quality jobs in the Garden State. We are confident that EEW-AOS will have the site prepared to start manufacturing monopiles for Atlantic Shores Project 1 in 2024.”

“As a full-time resident of the Jersey Shore, I am keenly aware of our needs for both economic growth and solutions to address the significant impacts of climate change,” said Lee Laurendeau, Chief Executive Officer of EEW American Offshore Structures. “EEW-AOS is proud to partner with Atlantic Shores Project 1 on developing clean energy infrastructure that will create jobs, contribute to the local economy, and support coastal community resiliency. We are working with our partners to ensure our Phase 2 facility expansion is ready for Atlantic Shores Project 1, and to help New Jersey achieve its bold and ambitious offshore wind goals.”

About Atlantic Shores:

Atlantic Shores Offshore Wind, LLC (Atlantic Shores), a 50:50 partnership between Shell New Energies US and EDF Renewables. Atlantic Shores is comprised of purpose-driven professionals dedicated to delivering its 5+ gigawatt offshore wind portfolio, strategically positioned to meet the growing demands of multiple east coast markets including New York and New Jersey.

We invite you to learn more about Atlantic Shores Offshore Wind by visiting our website at www.atlanticsshoreswind.com and following us on our social media channels:

www.linkedin.com/company/atlantic-shores-wind
www.facebook.com/atlshoreswind
www.instagram.com/atlshoreswind
www.twitter.com/ATLShoresWind

About EEW Group:

For more than 85 years the EEW Group has been known as a worldwide specialist for the production of steel pipe constructions and corresponding pipe components. As a pioneer in manufacturing foundations for the offshore wind industry, the EEW Group has established itself as a leading manufacturer of foundations within the global offshore supply chain. Having built more than 2,000 monopiles and delivered structural pipe components for more than 450 jacket foundations to offshore wind projects all over the world, EEW contributes decisively on the global expansion of renewable energy. For more information, please visit https://eew-group.com/.

https://www.linkedin.com/company/eew/

Terence Kelly
Head of External Affairs
Atlantic Shores Offshore Wind
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+1 (347) 834-3957

PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR) announced today that Karin Feldman will assume the role of interim Chief Operating Officer/Chief Nuclear Officer (COO/CNO) effective January 6, 2023. Current COO/CNO, Dale Atkinson, will retire on January 5, 2023, after more than eight years with NuScale. NuScale thanks Atkinson for his service and dedication, especially throughout the regulatory licensing and product development period of the company.

As Interim COO/CNO, Feldman will have full responsibility for the operations, engineering, program management, quality assurance, information technology, and regulatory affairs functions and will report to John Hopkins, NuScale’s President and CEO.

Feldman joined NuScale in 2012, presently serves as Vice President, Program Management Office, and is responsible for establishing and maintaining project management, project controls, cost estimating, and risk management standards. She is the primary NuScale interface for U.S. Department of Energy cooperative agreement management and is responsible for the development and oversight of the NuScale project portfolio. Feldman will maintain these duties while she assumes the role of interim COO/CNO.

Feldman holds a bachelor’s degree in nuclear engineering and radiological sciences from the University of Michigan and a master’s degree in nuclear engineering from the Massachusetts Institute of Technology. Prior to NuScale, she spent over a decade in the aerospace industry supporting program development activities for next-generation space and launch systems.

During Atkinson’s tenure with NuScale, the company submitted an application and subsequently received design approval from the U.S. Nuclear Regulatory Commission, a landmark milestone for NuScale and the advanced nuclear industry. He has also played a key role in NuScale’s growth, overseeing the company’s on-time or early achievement of the U.S. Department of Energy’s milestones for its financial assistance award projects and supervising the completion of several critical engineering design developments.

NuScale is conducting a national search to identify the next COO/CNO.

About NuScale Power

NuScale Power (NYSE: SMR) is poised to meet the diverse energy needs of customers across the world. It has developed small modular reactor (SMR) nuclear technology to supply energy for electrical generation, district heating, desalination, commercial-scale hydrogen production, and other process heat applications. The groundbreaking NuScale Power Module™ (NPM), a small, safe pressurized water reactor, can generate 77 megawatts of electricity (MWe) and can be scaled to meet customer needs. NuScale’s 12-module VOYGR™-12 power plant is capable of generating 924 MWe, and NuScale also offers four-module VOYGR-4 (308 MWe) and six-module VOYGR-6 (462 MWe) power plants, as well as other configurations based on customer needs.

Founded in 2007, NuScale is headquartered in Portland, Ore., and has offices in Corvallis, Ore.; Rockville, Md.; Richland, Wash.; and London, UK. To learn more, visit NuScale Power's website or follow us on Twitter, Facebook, LinkedIn and Instagram.

Forward Looking Statements

This release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts. These forward-looking statements are inherently subject to risks, uncertainties and assumptions. Actual results may differ materially as a result of a number of factors. Caution must be exercised in relying on these and other forward-looking statements. Due to known and unknown risks, NuScale’s results may differ materially from its expectations and projections. NuScale specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing NuScale’s assessments as of any date subsequent to the date of this release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Media Contact
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Karin Feldman, Interim Chief Operating Officer/Chief Nuclear Officer

DUBLIN--(BUSINESS WIRE)--The "Battery-free 6G Communications, IoT, Microgrids and Other Batteryless Technology Markets 2023-2043" report has been added to ResearchAndMarkets.com's offering.

Battery-free is a megatrend. It is generating markets of tens of billions of dollars. This report spans wireless devices to off-grid energy using alternative storage or no storage at all. Here is a world of backscatter enabling 30 billion yearly deliveries of anti-theft and RFID tags already.

That is promised in advanced form in 6G Communications to enable billions of IoT nodes yearly, many with no on-board storage at all. There is the opportunity from the rapid improvement and adoption of hybrid and regular supercapacitors and many other options including energy harvesting without storage.

Supercapacitors and their variants are particularly demanded for storage in electronics and for delivery of MW levels in industry and energy. Reasons for battery-free include emerging tougher requirements for performance, life, safety, reliability, cost and fit-and-forget. Add photovoltaics affordable everywhere and increasingly needing long duration energy storage batteries cannot provide.

The report is intended for all in these value chains from materials suppliers to system operators. There is a particular focus on 6G Communications, personal electronics and Internet of Things requirements from no power to MW levels. However, there is much to interest those in other aspects of electronics and electrical engineering.

Chapter 3, at 32 pages, concerns strategies for wireless electronics and electrics without significant energy storage. That means no storage or the tiniest of capacitors. This toolkit includes the backscatter principle used in 30 billion/ year anti-theft and RFID tags already through to its advanced form in planned second generation 6G Communications that would operate client devices with no on-board storage such as IoT nodes.

Another tool closely analysed is devices working only when their energy harvesting is working, including parasitically off man-made emissions. You can already buy such access cards and sensors and see them in the wireless controls through one million buildings. What next? Multi-mode and multiple technology energy harvesting are explained as two options going forward and the progress towards battery-free, energy-independent full-function smart watches. Battery-free power electrics is also covered.

Chapter 4, at 20 pages examines the transitional option of "Strategies for Fewer and Smaller Batteries". Learn battery elimination circuits that reduce the number of batteries in electronics and its equivalent in buildings and major engineering. Then there is the option of demand management as done so well in wireless sensor networks and other examples presented with ways forward. Finally the trend to multiple energy harvesting in one device or systems is detailed and the prospect of using all three strategies together.

Chapter 5, with 24 pages of detailed comparison charts, infograms and more, addresses that energy harvesting μW to GW for 6G, IOT and other systems 2023-2043. See the devices and structures needing these technologies and learn energy harvesting system and component design with improvement strategies. Presented are 14 families of energy harvesting technology emerging μW-GW 2023-2043 with particular attention to the best nine. Many examples from the research pipeline and startups show the way forward. Major trends examined can add to your commercial opportunities such as flexible and structural energy harvesting and healthcare applications opening up.

Chapter 6, in 24 pages takes you through battery-free storage devices for very high-power short-term storage that may involve small capacity. That embraces regular electronic components storing electricity- inductors, capacitors but mostly a spectrum of choice - capacitor to supercapacitor to battery. This chapter therefore presents such energy storage options in 2013 and progress 2023 and some actual and potential applications of supercapacitors and their derivatives. There is detail on supercapacitors replacing batteries, the planned pseudocapacitors in the research pipeline and the rapidly emerging commercial success of lithium-ion hybrid capacitors LIC replacing batteries.

The report ends with Chapter 7 presenting large capacity battery-free storage for microgrids, 6G/IoT data centers, UM-MIMO base stations and buildings including Long Duration Energy Storage LDES. Because this is so important it covers 82 pages. A particular focus is the leading options in the research pipeline and commercial rollouts such as liquid-air and solid gravity energy storage plus pumped hydro reinvented to be optimal for microgrid sizes.

Companies Mentioned

• AeroVironment
• Agora Energy Technologies
• ALACAES
• Altris
• Ambri
• Antora
• Aowei
• APEX CAES
• ARES
• Aucxis
• Corre Energy
• CPS Energy
• Crondall Energy
• Daifuku
• E-zinc
• Echogen
• Energy Dome
• Energy Vault
• Energy Nest
• Enervenue
• Enlighten
• EOS
• ERCOT
• ESS Technology
• Faradion
• Form Energy
• Fortescue Metals Group
• GE
• Granit
• Gravitricity
• Kraft Block
• Kyoto Group
• Lamborghini
• Largo
• Lazard
• Licap
• Lightyear
• Linde
• Lockheed Martin
• Locogen
• Magnum
• Malta
• Subsea 7
• Sumitomo Electrical Industries
• Swanbarton
• Terrastor
• Tesla
• Tiamat
• Torc
• Toshiba
• Toyota
• UET
• UniEnergy Technologies
• VFlowTech
• VINATech
• Voith Hydro
• Volt Storage
• VRB Energy
• Yunasco

For more information about this report visit https://www.researchandmarkets.com/r/xm7bo8

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Maintains flexibility to support strategic initiatives

BUFFALO, N.Y.--(BUSINESS WIRE)--$ROCK #ROCK--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, announced today that it has closed on a $400 million five-year revolving credit facility. The new facility replaces a revolving credit agreement maturing in January 2024. Gibraltar also has the option to increase the size of the facility by up to an additional $300 million, subject to certain conditions. The new facility is due to mature in December 2027.

The facility generally maintains the key terms under the expiring credit facility including the same level of capacity, which will provide ample liquidity to fund M&A opportunities to strengthen Gibraltar’s portfolio, maintain its share buyback program and to use for general corporate purposes.

KeyBanc Capital Markets Inc., Bank of America, N.A., M&T Bank and PNC Bank, National Association acted as Joint Lead Arrangers for the new facility, with Comerica Bank, TD Bank, N.A., and Wells Fargo, National Association serving as Co-Documentation Agents. Two additional lenders participated.

“We wanted to renew our facility ahead of its 2024 expiration and both thank our bank group and welcome new lenders who are supporting our positioning as a manufacturer reshaping critical markets in North America,” said Treasurer Jeffrey Watorek. “We maintain the financial flexibility and resilience needed to execute on our three-pillar strategy to accelerate execution and scale in each of our business segments.”

About Gibraltar

Gibraltar is a leading manufacturer and provider of products and services for the renewable energy, residential, agtech, and infrastructure markets. Gibraltar’s mission, to make life better for people and the planet, is fueled by advancing the disciplines of engineering, science, and technology. Gibraltar is innovating to reshape critical markets in comfortable living, sustainable power, and productive growing throughout North America. For more please visit www.gibraltar1.com.

Forward-Looking Statements

Certain information set forth in this news release, other than historical statements, contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are based, in whole or in part, on current expectations, estimates, forecasts, and projections about the Company’s business, and management’s beliefs about future operations, results, and financial position. These statements are not guarantees of future performance and are subject to a number of risk factors, uncertainties, and assumptions. Actual events, performance, or results could differ materially from the anticipated events, performance, or results expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from current expectations include, among other things, the availability and pricing of our principal raw materials and component parts, supply chain challenges causing project delays and field operations inefficiencies and disruptions, availability of labor at our manufacturing and distribution facilities or on our project sites, further impacts of COVID-19 on our customers, suppliers, employees, operations, business, liquidity and cash flows, the loss of any key customers, adverse effects of inflation, other general economic conditions and conditions in the particular markets in which we operate, changes in customer demand and capital spending, competitive factors and pricing pressures, our ability to develop and launch new products in a cost-effective manner, our ability to realize synergies from newly acquired businesses, disruptions to our IT systems, and the impact of regulation (including the Department of Commerce’s solar panel anti-circumvention investigation and the Uyghur Forced Labor Prevention Act (UFLPA)), rebates, credits and incentives and variations in government spending and our ability to derive expected benefits from restructuring, productivity initiatives, liquidity enhancing actions, and other cost reduction actions. Before making any investment decisions regarding our company, we strongly advise you to read the section entitled “Risk Factors” in our most recent annual report on Form 10-K and Quarterly Report on Form 10-Q which can be accessed under the “SEC Filings” link of the “Investor Info” page of our website at www.Gibraltar1.com. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable law or regulation.

LHA Investor Relations
Jody Burfening/Carolyn Capaccio
(212) 838-3777
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Leading Cleantech Integrator Receives “Best Place to Work” Recognition

FRAMINGHAM, Mass.--(BUSINESS WIRE)--#carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, has been named a silver winner in the “Best Place To Work – Large (1000 and more employees)” category by the Best in Biz Awards, an independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.

The 12th annual award program saw more than 700 entries from public and private companies of all sizes and representing all industries and regions in the U.S. and Canada, ranging from some of the most iconic global brands to the most innovative start-ups and resilient local companies. This year’s judges highlighted the winning companies’ visionary leadership, innovative strides in the use of new technologies, laudable employee diversity and inclusion programs and workplace best practices, and many winners’ continued community involvement and monetary and time investments in their environment and corporate social responsibility programs.

“For more than 22 years, Ameresco’s mission has been to provide energy efficient and renewable solutions to the organizations we serve,” said George Sakellaris, President and CEO, Ameresco. “We are so grateful to receive this honor from the Best in Biz Awards as recognition of our focus to help our customers create a more sustainable future.”

Since the program’s inception in 2011, winners in Best in Biz Awards have been determined based on scoring from independent judging panels assembled each year from some of the most respected national and local newspapers, TV and radio outlets, and business, consumer, technology and trade publications in North America. Thanks to the impressive diversity of represented outlets and the unparalleled experience and expertise of the editors and reporters serving as judges, Best in Biz Awards judging panels are uniquely suited to objectively determine the best of the best from among the hundreds of competitive entries. The 2022 judging panel included, among others, writers from AdWeek, Computerworld, Forbes, The Globe & Mail, Inc., The Oregonian and Portland Tribune.

“The companies of the Best in Biz Awards teach us again a grand truth about organizational karma: the rewards come to those who figure out how to give more, do more, be more,” said Dale Dauten, King Features Syndicate, having judged numerous Best in Biz Awards programs since 2012. “These are the companies that you want to work for, work with, buy from and root for. They are the corporate equivalent of a life well-lived.”

Best in Biz Awards 2022 honors were conferred in 100 different categories, including Company of the Year, Fastest-Growing Company, Most Innovative Company, Best Place to Work, Customer Service Department, Executive of the Year, Marketing Executive, Most Innovative Service, Enterprise Product, Best New Product, App, CSR Program, Environmental Program, Website and Film/Video of the Year. For a full list of gold, silver and bronze winners in Best in Biz Awards 2022, visit: http://www.bestinbizawards.com/2022-winners.

To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and Europe. For more information, visit www.ameresco.com.

About Best in Biz Awards
Since 2011, Best in Biz Awards has been the only independent business awards program judged by a who’s who of prominent reporters and editors from top-tier publications from North America and around the world. Over the years, judges in the prestigious awards program have ranged from Associated Press to the Wall Street Journal and winners have spanned the spectrum, from blue-chip companies that form the bedrock of the global economy to some of the world’s most innovative start-ups and nimble local companies. Each year, Best in Biz Awards honors are conferred in two separate programs: North America and International, and in 100 categories, including company, team, executive, product, and CSR, media, PR and other categories. For more information, visit: http://www.bestinbizawards.com.

Media:
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.

Arkansas Council on Future Mobility makes recommendations that will establish Arkansas as global leader by end of decade

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Yesterday, the Arkansas Council on Future Mobility outlined a plan to bolster the burgeoning future mobility sector in Arkansas and the heartland. The Council’s findings resulted from 10 months of intensive work by government officials, corporate leaders and private investors, working in lock step to achieve Gov. Asa Hutchinson’s goal of being the industry’s global leader by 2030.

The report is a first in the nation statewide comprehensive future mobility plan to address the rapidly changing future of moving people and goods on the ground, air, sea, sea and space - cleaner, faster, safer, and at lower cost.

Gov. Hutchinson earlier this year formed the Arkansas Council on Future Mobility, which is comprised of 26 advisory and 18 appointed members who are private investors, government and public utility administrators, academic experts, and corporate leaders including but not limited to Walmart, JB Hunt, UP.Partners, Canoo, the University of Arkansas, DroneUp, Entegrity, Garver, Gatik, Runway Group, Skyports, Tulsa Innovation Labs, Tyson Foods, Union Pacific, Southern Arkansas University Tech and Zipline.

The council was charged with five primary objectives:

1. Identify state laws and administrative rules that create barriers to the development and enhancement of electrification and advanced air mobility (AAM);
2. Make policy and program recommendations to support and facilitate the development of electrification and AAM;
3. Develop priorities and recommendations for the allocation of federal resources and grant programs in order to invest in critical components of an advanced mobility ecosystem, including energy, infrastructure, security, and transportation;
4. Identify future tasks and goals, including strategic goals in education, workforce training, and economic development;
5. Create incentives to develop opportunities, amplify economic activity, and create jobs.

“The report the council produced is invaluable and can serve as a blueprint for how we can achieve our goal of being the global leader in future advanced mobility,” Gov. Hutchinson said. “It also reinforces the fact that we need to take a thoughtful, strategic approach to growing this industry. This growth will not come by accident and there are no do-overs. My fellow Arkansans and I are extremely grateful for the council’s intensive work that will pay dividends for generations to come.”

Gov. Hutchinson appointed Cyrus Sigari, an accomplished aviator, entrepreneur, investor, and current managing partner of mobility investment firm UP.Partners, as the council’s chairman.

“Arkansas has a rich history in which entrepreneurial spirit, tremendous work ethic, and cutting edge innovation have all blended to produce some of the most successful corporations and organizations in the world,” Sigari said. “These same values, along with the support of investors, corporate leaders, the general public, and state policy-makers, have made the state wellpositioned to take advantage of this incredible moment in time.”

Key Findings

Future mobility – which can include drones, autonomous and electric vehicles, electric scooters and bicycles, flying cars, spaceships, and other related technologies – is one of the most rapidly-evolving technological areas of advancement and investment.

• A community’s access to mobility is tied directly to its quality of life. It is the underlying fabric of society, as well as one of its largest economic drivers as a $10 trillion annual industry.
• Transportation and mobility comprise the largest source of CO2 emissions in the world. Reducing the industry’s impact on the environment has become a priority for companies and governments. As “the Natural State,” Arkansas can set an example for the rest of the world in proving that innovation and investment can be the catalyst to make transportation greener and more efficient.
• Every facet of mobility is being disrupted by the convergence of exponential technologies. These technologies are helping humanity move people and goods cleaner, faster, safer, and at lower cost - on the ground, air, sea and space.

It is crucial for state officials to work in tandem with the private sector and educational system to establish and grow the entrepreneurial ecosystem needed for Arkansas to flourish in future mobility.

• Attracting and encouraging venture capital is key to the growth of the future mobility sector, and the state is currently below average in that regard.
• The state can learn from the success of places like Israel which on an annual basis spends $500M+ to support their local technology community by investing in startups.
• The state has an opportunity to launch an Arkansas Innovation Fund backed by the $80B+ of investable capital living in the state to invest in this burgeoning ecosystem.
• State lawmakers and administrators need to make additional legislative and policy changes to create the entrepreneurial ecosystem necessary for further growth.
• Education will also be vital to industry growth. An Institute of Advanced Mobility at UA and an update to STEM-based curriculum in grade schools can help give students the proper skillset and inspire them to stay in state.

Arkansas becoming a global leader in future mobility will have a positive impact on the region. Interstate cooperation – especially with border states – will continue to be extremely important.

• In March, Gov. Hutchinson entered the state into a three-state partnership with Louisiana and Oklahoma to join forces to compete for the $7 billion available through the Department of Energy’s Infrastructure, Investment and Jobs Act of 2021.
• In August, the governor signed a landmark memorandum of understanding with Gov. Kevin Stitt of Oklahoma to establish the “Advanced Mobility Corridor.”
• An opportunity exists to partner with other neighboring States (Tennessee and Texas) in addition to Oklahoma to form a Super Region for Mobility in the Heartland.

Arkansas has tremendous opportunities for development, manufacturing and facilitation of specific future-mobility sectors such as space exploration, drone readiness, and autonomous vehicles (AVs)

• The state should be prepared to foster the rapidly-growing private space exploration economy. The establishment of a state-wide Arkansas Space Authority could develop and manage spaceports and then advocate for and attract space-related businesses.
• Arkansas is already nationally recognized as one of the states most ready for drone commerce. The George Mason University’s Mercatus Center ranks Arkansas as the second-most prepared state ready for drone commerce.
  • Arkansas’ own Walmart has committed to extend drone delivery to four million US households in the year to come.
  • The use of drones has already proven to be a money and time-saver for the state. The state’s Department of Transportation’s use of drone-based inspections reduced the cost of infrastructure inspections by 72 percent and the time needed for these inspections by 88 percent. To capitalize on these benefits, the governor’s office could work with ARDOT, other state agencies, municipalities, and private companies to develop a strategic action plan designed to accelerate smart inspection solutions statewide.
• The Autonomous Vehicle (AV) industry provides a once-in-a-century transformation of our transportation system, and Arkansas can exercise proactive leadership to steer this transformation to benefit the public.
  • The state’s lawmakers took a strong first step in promoting the AV industry with the passage of Arkansas Act 468. This law allows companies to enact autonomous vehicle pilot programs on public roads within the state.

Why it Matters

Lawmakers and local municipal officials all have a role to play in ensuring the success of advanced mobility. Efforts for Arkansas to become a hub for the advanced mobility sector and next gen transportation industry have already been launched, but to be a true global leader in this burgeoning industry will require more cooperative action. The benefits will include more high-paying jobs for Arkansans, a cleaner environment and less traffic congestion, and a higher gross domestic product to help raise the standard of living for everyone in the state.

Arkansas Council on Future Mobility

The Arkansas Council on Future Mobility is an advisory board formed by Asa Hutchinson, the 46th governor of Arkansas, in February 2022, in an effort to position Arkansas as a hub for future mobility nationwide with a commitment to attract businesses, startups, innovators and creators in advanced technology. The council is comprised of 26 advisory and 18 appointed members who are private investors, government and public utility administrators, academic experts, and corporate leaders including UP.Partners, Tyson Foods, Walmart, J.B. Hunt, University of Arkansas, Canoo, Arkansas Aerospace and Defense Alliance, Entergy Arkansas, MISO, Arkansas Department of Energy and Environment, Arkansas Department of Transportation, Arkansas Department of Public Safety, Arkansas Department of Commerce, Arkansas Public Service Commission, Southern Arkansas University Tech, Arkansas Trucking Association, Arkansas Auto Dealers Association, Union Pacific, Runway Group, Endeavor Arkansas, Skyports, Arkansas Advanced Energy Alliance, Arkansas Electric Cooperative, Arkansas Transit Association, Garver, University of Arkansas College of Engineering, DroneUp, Arkansas Economic Development Commission, Entegrity, ArcBest, Tulsa Innovation Labs, Arkansas State Police, Zipline, Wing, DEKA, Office of Governor Hutchinson, Gatik, Hart & Ashley and Arkansas Department of Education. To read the council’s latest report and for more information on the work being done on advanced mobility visit www.arfuturemobility.org

Matt Shelnutt
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HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) today announced the election of Loretta D. Keane to its Board of Trustees effective January 1, 2023. Keane was also appointed Vice Chair of the Audit Committee and as a member of the Finance Committee effective January 1, 2023. Keane currently serves as the chief financial officer of Arcadia Solutions, LLC, a Boston-based health-care data platform focused on delivering actionable data-driven insights to advance health care and medical research.

“It’s a privilege to welcome Loretta Keane and her extensive experience and leadership skills to Eversource,” said Eversource President and CEO Joe Nolan. “Her strong financial background and technology-focused success in an industry as integral to our daily lives and well-being as health care will provide unique insight as we work to meet the needs of our customers and provide reliable service in a clean energy future.”

Keane’s career spans nearly 40 years in accounting and finance, including the last 26 years serving as the chief financial officer for several software and technology-enabled service companies. She first began her career as a Certified Public Accountant for PwC (PricewaterhouseCoopers) in their Boston and London offices.

“I am very honored to be invited to join the board of Eversource Energy and to be part of an organization that takes so much pride in being a recognized leader in clean energy and corporate citizenship and is also committed to the New England region and its customers,” said Keane.

Keane earned her Bachelor of Science in Business Administration in Accounting from Suffolk University and her Master of Science in Taxation from Bentley College. Keane has been active in Financial Executives International, the CFO Leadership Council, and has lectured at Bentley University.

Eversource (NYSE: ES), again celebrated as a national leader for its corporate citizenship, is the #1 energy company in Newsweek’s list of America’s Most Responsible Companies for 2023 and recognized as one of America’s Most JUST Companies. Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.4 million customers in Connecticut, Massachusetts and New Hampshire. The #1 energy efficiency provider in the nation, Eversource harnesses the commitment of approximately 9,500 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The company is empowering a clean energy future in the Northeast, with nationally recognized energy efficiency solutions and successful programs to integrate new clean energy resources like solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on Twitter, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.

Caroline Pretyman
617-424-2460
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DUBLIN--(BUSINESS WIRE)--The "Gas & Electric Utility Cost-of-Service and Rate Design" training has been added to ResearchAndMarkets.com's offering.

Understanding gas & electric utility rates and their relationship to utility profits doesn't have to be confusing.

Master the fundamentals of energy rate-making and learn the financial and accounting differences between regulated and unregulated businesses with this comprehensive course. This is a "must" seminar for anyone who is new to the utility industry or who is impacted by the utility rate-making process.

What You Will Learn

• Plain English explanations of numerous gas & electric regulatory terms and concepts, and how the federal and state rate-making process works.
• How gas & electric rate-making practices vary between investor-owned utilities, municipal utilities, and coops, and how these rate practices impact unregulated energy marketers.
• The jargon used in the regulatory process, so that you can understand each step of a rate case.
• Why utilities file rate cases and the types of analyses they conduct to support their proposals.
• The difference between cost of service and market-based pricing, and how these rates are applied.
• How various federal and state rate case procedures work, and how they differ.
• What the different cost components of the base rate case are, and how they are determined.
• The financial drivers for regulated utilities and how they differ from unregulated businesses
• How to improve utility profitability through the rate-making process.
• How different types of pricing structures are designed within rate proceedings

What You Will Also Learn

• The specifics of various natural gas and electric rate structures; how to read a tariff; and how to analyze a gas & electric bill.
• What rate structures benefit customers and suppliers, and when.
• How rate structures are designed and applied in deregulated environments.
• How to calculate comparisons between regulated and deregulated supply procurement.

Prerequisites and Advance Preparation

This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar.

Who Should Attend:

Utility analysts, utility employees involved in legal, accounting, regulatory, engineering, operations, customer service, sales, or marketing, Utility commission employees, industrial customers, commercial customers, Energy producers, utilities, electric generators, and marketers; energy and electric power executives; traders; marketing, sales, purchasing & risk management personnel; accountants; trading support staff; auditors; attorneys; government regulators; plant operators; engineers and corporate planners.

Key Topics Covered:

Day One (Morning - 4 hours):

• Conduct a thorough review of the gas & electric industries from a regulatory perspective.
• Discuss the major regulatory changes that created the energy marketplace of today.
• Review the fundamental concepts of gas & electric rates and rate-making in detail.
• Explain how rate base and rate of return are determined.
• Discuss how items are categorized as operating expenses or capital expenses.
• Explain the federal and state rate case processes involved for both base rate increases and fuel adjustments.
• Discuss the various rationales used to request changes in gas & electric rates.

Day One (Afternoon - 4 hours):

• Review the current problems encountered when implementing today's open-access markets and customer choice programs.
• Examine the important issues that create friction between utilities and energy marketers from both perspectives.
• Conduct a gas/electric case study exercise that addresses specific issues selected by the class.
• Debate the merits of significant issues contained within the case study using the active participation of class participants.

Day Two ( 4 hours):

• Interpret a variety of gas & electric tariffs to become proficient in bill analyses techniques.
• Conduct several bill analyses with both gas and electric bills for residential, commercial, and industrial customer groups.
• Illustrate the differences between various gas & electric rate tariffs using case studies of different bill applications.
• Apply case study results and lessons to real-life situations.
• Continue with the bill and tariff analysis using actual bill examples and situations selected from the class participants which have been submitted in advance.
• Review several additional examples of increasing rate-making complexity as time allows.
• Produce comparative analysis of bundled and unbundled rates using current electric and gas pricing examples.
• Illustrate how the economics of rate design is applied in competitive energy markets.

For more information about this training visit https://www.researchandmarkets.com/r/zqb4a

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NorFund Capital to be rebranded as First Financial Canadian Leasing

ORANGE, Calif. & TORONTO--(BUSINESS WIRE)--First Financial Equipment Leasing (FFEL), a leading provider of equipment financing solutions and a member company of JA Mitsui Leasing Ltd (JAML), announces a strategic expansion into Canada with the acquisition of NorFund Capital. Based in Toronto, Canada, NorFund Capital is an independent leasing company specializing in capital equipment, solar and alternative energy, and vendor finance programs.

The acquisition continues First Financial Equipment Leasing's tremendous growth trajectory, driven by its vision to elevate and broaden solutions offered to its global customers. "NorFund Capital's expertise and creativity within the Canadian market made it the ideal fit to lead our growth in new markets and industries," said Tom Slevin, FFEL Co-Founder and CEO. "With Canada becoming a significant part of our North American platform, this acquisition provides key opportunities for us to extend our financing solutions and enhance the customer experience throughout our global client base."

"We are excited to join First Financial Equipment Leasing and the JA Mitsui Leasing Ltd. family of companies," said Robert MacFarlane, President and Founder NorFund Capital. "Our organizations have a shared passion for building innovative financing solutions with a customer-focus approach. Given the complementary nature of our combined businesses, we look forward to a strengthened global platform with expanded investment opportunities."

MacFarlane will lead the newly named First Financial Canadian Leasing as Senior Vice President, overseeing the Canadian sales strategies and business development. He will focus on growing the company's fair market value (FMV) leases and establishing First Financial Canadian Leasing as a market leader in renewable energy financing in Canada. MacFarlane has over 30 years of experience in the leasing industry and has built and managed several highly successful equipment finance companies.

First Financial Equipment Leasing was represented by Cassels Brock & Blackwell LLP on the transaction.

About First Financial Canadian Leasing

FF Canadian Leasing, Inc. dba First Financial Canadian Leasing (FFCL) is a privately held equipment finance leader working with Canadian businesses and subsidiaries of US corporations. FFCL provides businesses with equipment financing for all categories of commercial assets and various industries, including construction and heavy equipment, IT solutions and services, material handling and automation, and solar and renewable energy. FFCL is a division of First Financial Equipment Leasing, and a member of JA Mitsui Leasing Ltd. (JAML), a Japanese equipment leasing company providing leasing and financial solutions in Japan and Globally (offices in Asia and North America). For additional information, please visit the company's website at www.ffcanadianleasing.com.

Lori Leavey
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714.646.1619

Live Presentation on Tuesday, December 13, 2022, at 2:00 PM ET

LOS ANGELES--(BUSINESS WIRE)--$CGRN #ArgonneLab--Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, today announced Don Ayers, Vice President of Technology, will be participating in the Water Tower Research Fireside Chat Series on Tuesday, December 13, 2022, at 2:00 PM ET.

This event is open for all investors to participate. Topics will include:

• An examination of how a hydrogen-fueled microturbine will fit into the hydrogen economy and significantly reduce carbon emissions globally.
• Federal, State, Local, and Industry related hydrogen funding for the generation of clean energy is finally being released. We will review the current opportunities for Capstone, working closely with our National Laboratory and academic partners.
• Find out what’s going on at Capstone hydrogen pilot sites which not only demonstrate the robustness of its technology, but also enable customers to showcase actual use cases.

Interested parties can register for the event at the link below. Replays of the webcast will also be available after the event.

PLEASE REGISTER HERE

About Water Tower Research

Water Tower Research is an investor engagement and stakeholder communication platform powered by Wall Street veterans with significant experience and credibility. We create, deliver, and maintain the information flow required to build and preserve relationships between companies and all their stakeholders and investors. “Research for the other 99%™” opens the door for every investor to stay informed and ensures transparency, better engagement, and equal communication.

About Capstone Green Energy

Capstone Green Energy (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Generation Technologies (EGT) are driven by the Company's industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Solutions (ESS) business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.

To date, Capstone has shipped over 10,000 units to 83 countries and estimates that in FY22, it saved customers over $213 million in annual energy costs and approximately 388,000 tons of carbon. Total savings over the last four years are estimated to be approximately $911 million in energy savings and approximately 1,503,100 tons of carbon savings.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: This email address is being protected from spambots. You need JavaScript enabled to view it..

For more information about the Company, please visit www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
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Approval to purchase a share of the Darien Solar Energy Center is latest step in advancing MGE's net-zero carbon electricity goal.

MADISON, Wis.--(BUSINESS WIRE)--Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, received approval from the Public Service Commission of Wisconsin to purchase solar energy and battery storage from the Darien Solar Energy Center. MGE will own 25 megawatts (MW) of solar energy and 7.5 MW of battery storage from the 250-MW solar and 75-MW battery storage facility in Rock and Walworth Counties in southern Wisconsin.

"The Darien Solar Energy Center is another important step in our ongoing transition to cleaner energy sources, reducing carbon at least 80% by the end of this decade and achieving net-zero carbon electricity by 2050," said Jeff Keebler, MGE Chairman, President and CEO. "MGE's investments in cost-effective, clean energy and battery storage technology help ensure that all our customers will experience the economic and environmental benefits of our clean energy transition."

Darien Solar Energy Center

Located on 2,000 acres in the Town of Bradford in Rock County and the Town of Darien in Walworth County, the Darien Solar Energy Center will feature up to 850,000 solar panels. It will generate enough clean energy to power about 75,000 households. MGE's share of the output will power about 7,500 households.

We Energies and WPS will own the remaining 225 MW of the solar output and 67.5 MW of battery storage from the project. Invenergy LLC is the project developer. The facility is expected to begin serving customers by the end of 2024.

Path toward net‐zero carbon electricity: 80% carbon reduction by 2030

MGE has a goal to reduce carbon emissions at least 80% by 2030, consistent with global climate science to limit global warming. MGE continues to transition its energy supply to cleaner sources, with the anticipated addition of nearly 400 MW of wind, solar and battery storage between 2015 and 2024. These projects are expected to increase MGE's owned renewable capacity by more than nine times when completed.

To achieve deep decarbonization, MGE is growing its use of renewable energy, engaging customers around energy efficiency and working to electrify transportation, all of which are key strategies identified by the Intergovernmental Panel on Climate Change.

About MGE

MGE generates and distributes electricity to 159,000 customers in Dane County, Wis., and purchases and distributes natural gas to 169,000 customers in seven south-central and western Wisconsin counties. MGE's parent company is MGE Energy, Inc. The company's roots in the Madison area date back more than 150 years.

Steve Schultz
Corporate Communications Manager
608-252-7219 | This email address is being protected from spambots. You need JavaScript enabled to view it.