HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) announced today it is hosting virtual investor meetings at the Barclays CEO Energy–Power Conference Wednesday, September 8, 2021.
The latest investor deck, which may be used to facilitate investor meetings, can be accessed under the Investors tab on the Enterprise website.
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and export and import terminals; crude oil gathering, transportation, storage and export and import terminals; petrochemical and refined products transportation, storage, export and import terminals and related services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity. Please visit www.enterpriseproducts.com for more information.
Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745, This email address is being protected from spambots. You need JavaScript enabled to view it.
Rick Rainey, Media Relations, (713) 381-3635, This email address is being protected from spambots. You need JavaScript enabled to view it.
OKLAHOMA CITY--(BUSINESS WIRE)--BCE-Mach III LLC recently closed an acquisition of approximately 18,200 net acres (98 percent held by production) of producing properties primarily across Blaine, Custer and Dewey Counties, Oklahoma. The bolt-on acquisition includes approximately 4,400 net royalty acres and approximately 17mmcfe/d of production.
BCE-Mach III LLC was formed in early 2020 and has now closed on four separate acquisitions across the Anadarko Basin. In total, Bayou City Energy Management LLC (“BCE”) and Mach Resources LLC (“Mach”) have made nine separate acquisitions since 2018 across the three BCE-Mach portfolio companies (collectively “BCE-Mach”).
BCE-Mach anticipates generating more than $300 million of operating cash flow in 2021 with a net debt to EBITDA multiple of less than 0.2x.
“We remain active and successful in closing acquisitions that fit our profile,” said CEO Tom Ward. “In early 2021, BCE-Mach made a concerted effort to add natural gas reserves to our portfolio. Our last two acquisitions were over 70 percent weighted toward natural gas while prices have increased more than 80 percent this year.”
“Our low-leverage profile allows the BCE-Mach enterprise to remain flexible with respect to hedging and shareholder distributions and opportunistic with respect to developmental operations and acquisitions,” said Will McMullen, Founder & Managing Partner at BCE. “The disciplined approach we’ve employed on all of the above will continue to allow us to efficiently grow our already vast position in the Mid-Continent.”
Mach is an independent oil and natural gas producer focused on acquiring, exploring and developing high-return, low-cost projects. Founded in January 2017, the company pursues assets with production history and development opportunity. Mach is headquartered in Oklahoma City, OK with 80 corporate team members and 220 field team members across seven field offices.
For more information about Mach, please visit www.machresources.com, call (405) 252-8100 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
For more information about BCE, please visit www.bayoucityenergy.com, call (713) 400-8200 or email This email address is being protected from spambots. You need JavaScript enabled to view it..
Lisa Lloyd, (405) 973-6960
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Former ENGIE Chief Science and Technology Officer Joins EIP to Strengthen Research Team
NEW YORK--(BUSINESS WIRE)--Energy Impact Partners (EIP), a global investment firm leading the sustainable energy transition, today announced that Dr. Michael E. Webber has joined the team as Chief Technology Officer (CTO).
The addition of Dr. Webber to EIP’s in-house research and innovation team will expand its technical depth providing further insights for EIP’s investors, strategic partners and portfolio companies. With Dr. Webber’s deep technical expertise, he will also strengthen EIP’s strategy and diligence capabilities, focusing on the firm’s efforts to invest in revolutionary climate technologies.
With over 25 years of experience in technology, industrial instrumentation, and the energy sector, Dr. Webber’s expertise spans research and education at the convergence of engineering, policy, and commercialization on topics related to innovation, energy, and the environment. Prior to joining EIP, Dr. Webber served as Chief Science and Technology Officer at ENGIE, a global energy and infrastructure services company based in Paris, France where he also served on the investment committee of their venture arm. He is currently also the Josey Centennial Professor in Energy Resources at the University of Texas at Austin.
Dr. Webber has authored more than 400 publications, holds 6 patents, and serves on the advisory board for Scientific American, GTI (formerly known as the Gas Technology Institute), and Sustainable America (a non-profit dedicated to reducing fuel consumption and food waste). He helped lead UT Austin’s Clean Energy Incubator from 2008-2018. He was selected as a Fellow of ASME and as a member of the 4th class of the Presidential Leadership Scholars, which is a leadership training program organized by Presidents George W. Bush and William J. Clinton.
Dr. Webber earned a B.S. and B.A. from UT Austin, and M.S. and Ph.D. in mechanical engineering from Stanford University.
“We are humbled and thrilled to see Dr. Webber join our team. His unique expertise and experience in revolutionary technologies fighting climate change will be a great asset for our investment teams, strategic partners and portfolio companies,” said Hans Kobler, Founder and Chief Executive Officer at EIP. “We are looking forward to doing great deals together.”
“EIP brings a long-term perspective and a global view to the challenges of deep decarbonization and has established an excellent reputation for their thorough diligence, extensive pipeline of opportunities, and careful stewardship of investment. It’s rare to see a platform combine an eagerness for cutting-edge revolutionary innovations with a patient timeline for success that rests on a solid technical understanding of the underlying science and engineering fundamentals. I really look forward to joining the team of bright, passionate experts,” said Dr. Michael E. Webber, Chief Technology Officer at EIP.
Dr. Webber complements the recent addition of Dr. Gregory Thiel as the firm’s Director of Technology on EIP’s research and innovation team, an industry leading team focused on providing transformative insights for EIP’s partners, portfolio companies and investments.
About Energy Impact Partners
Energy Impact Partners (EIP) is a global investment platform leading the transition to a sustainable energy future. EIP brings together entrepreneurs and the world's most forward-looking energy and industrial companies to advance innovation. With over $2.0 billion in assets under management, EIP invests globally across venture, growth, credit and infrastructure – and has a team of more than 50 professionals based in its offices in New York, San Francisco, Palm Beach, London and Cologne. For more information on EIP, please visit www.energyimpactpartners.com.
Tori McDonnell
Silverline Communications – on behalf of EIP
703-338-2362
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SHENZHEN, China--(BUSINESS WIRE)--#CommunicationSolutions--Hytera, together with its subsidiaries Norsat, have recently released a white paper to highlight the importance of radio over satellite solutions on a global scale.
Communication Challenges Faced by Industries
As communication requirements evolved drastically, it has become imperative to enhance connectivity between organizations, world-wide teams, and employees on the field. Radio communications play an essential role in this regard, especially in public safety, emergency rescue, firefighting, fleet operations and mining applications. Most radio networks use line of sight propagation or have fixed repeater stations.
When there is no radio network signal coverage on site, command center is not able to reach the personnel on site. In this case, the use of communications satellites as a communications repeater can provide a remote cross-territory transmission route for on-site radio network communications, to achieve voice, data, image transmission; improve the capacities of emergency handling, decision making, command and control, emergency linkage, resource allocation; and ensure full-time, all-area and all-weather communications.
Benefits of Radio Over Satellite Communication
Remote radio networks can be unified with fixed landlines, cellular systems, or Push-To-Talk (PTT) radios facilitating encrypted, real-time direct voice and data communications to headquarters, control centers or operations rooms. With the right systems engineering and technology partner, Radio Over Satellite solutions are easy to manage and deploy. They can be operated remotely and unattended after installation, making them perfect solutions for communication in uncertain environments.
Careful engineering is required to ensure audio quality, latency, jitter, and bandwidth of digital radio systems over satellite. Congestion and management of remote networks can be mitigated with careful planning, QOS, SLAs, TCP acceleration and bandwidth compression. Testing has also confirmed that there is no discernable degradation in audio quality using radio over satellite systems. Thorough planning and designing of network to maximize limited bandwidth usage and link budget are required for projects involving these applications.
As a global leading provider of Professional Mobile Radio (PMR) solutions, Hytera not only provides users with TETRA, DMR, PDT, LTE products and solutions, but also combines Norsat's rich experience in satellite communication to jointly offer the entire set of services from solution design to project installation. By making full use of the advantages of satellite communications, Hytera has established a reliable and stable radio communication network over satellite for business- and mission-critical users, supporting command and dispatch system services to meet the communication needs of daily operation and emergency response.
For more information about Hytera’s satellite communication solutions, please visit: https://pardot.hytera.com/l/860473/2021-08-11/21klhy
About Hytera
Hytera Communications Corporation Limited is a leading global provider of professional communications technologies and solutions. With voice, video and data capabilities, Hytera provides faster, safer, and more versatile connectivity for business and mission critical users. Hytera enables customers to achieve more in both daily operations and emergency response to make the world more efficient and safer.
About Norsat
Norsat International Inc. was acquired by Hytera in 2017. Norsat was founded in 1977, is a leading provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications. Norsat’s products and services include customizable satellite components, portable satellite terminals, maritime solutions and satellite networks.
Lingran Tao
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IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today it has signed an agreement with an independent validator, non-profit MiQ, to begin the certification process for natural gas produced at its Permian Basin facilities at Poker Lake, New Mexico. Certified natural gas validates emissions reduction efforts and helps customers meet their emissions goals.
MiQ is a partnership between RMI, formerly the Rocky Mountain Institute, and SYSTEMIQ, a global sustainable development consultancy. It developed and maintains the “MiQ Standard,” a framework that assesses and grades methane intensity, enhanced monitoring technology deployment, and operating practices that promote a culture of emissions management and continuous improvement. A MiQ accredited independent auditor performs the assessment, and MiQ issues tradeable certificates based on the grade achieved.
“We are reducing methane emissions responsibly and economically, and by working with MiQ, we can provide our customers with credible third-party validation of those efforts,” said Bart Cahir, senior vice president of unconventional at ExxonMobil. “As we improve our operations, certifying our natural gas will help our customers achieve their goals and support a lower-carbon future.”
ExxonMobil has selected Poker Lake for certification because of the wide range of technology solutions already in place, scale advantages, proximity to nearby markets, and growth potential as production in New Mexico increases. The company has expanded use of aerial LiDAR™ imaging and SOOFIE methane detection technologies in the region and is evaluating additional next-generation applications, including satellites and artificial intelligence, as part of its ongoing initiatives to find smarter and faster ways to detect and mitigate emissions.
Approximately 200 million cubic feet of natural gas per day from Poker Lake will be assessed and certified. The certified natural gas could be available to customers by fourth quarter 2021. ExxonMobil is considering expanding certification to include other Permian Basin fields and shale production areas, including Appalachia and Haynesville.
“We’re pleased to be working with ExxonMobil at Poker Lake and look forward to a fruitful long-term partnership that creates a differentiated, more transparent and cleaner gas market,” said Georges Tijbosch, senior advisor at MiQ. “These steps and the rapid reduction of methane emissions is critical to the world achieving its climate goals.”
ExxonMobil exceeded its goals to reduce methane emissions by 15 percent and flaring by 25 percent by year-end 2020, compared to 2016 levels. The company has conducted more than 23,000 voluntary methane leak surveys across more than 9,500 sites and eliminated all high-bleed pneumatic devices across its U.S. unconventional production.
ExxonMobil has previously announced plans to further reduce greenhouse gas emissions in its operations by 2025, compared to 2016 levels. The plans include a 15 to 20 percent reduction in greenhouse gas intensity of upstream operations. The reductions will be supported by a 40 to 50 percent reduction in methane intensity and a 35 to 45 percent reduction in flaring intensity. The company aims for industry-leading greenhouse gas performance across its businesses by 2030.
About ExxonMobil
ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com and the Energy Factor.
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Cautionary Statement
Outlooks; projections; goals; descriptions of strategic plans and objectives; plans to reduce future emissions intensity and the expected resulting absolute emissions reductions; emission profiles of future developments; methane capture and leak results from operational and technology efforts; the effectiveness of third party certifications; energy market evolution; and other statements of future events or conditions are forward-looking statements. Actual future results could differ materially due to a number of factors. These include the development and pace of supportive market conditions and national, regional and local policies relating to emission reductions, including methane leaks; changes in laws and regulations including laws and regulations regarding greenhouse gas emissions, carbon costs, and taxes; trade patterns and the development and enforcement of local, national and international mandates and treaties; unforeseen technical or operational difficulties; the ability to bring new technologies to commercial scale on a cost-competitive basis, including large-scale hydraulic fracturing projects and methane leak detection technologies; changes in supply and demand and other market factors affecting future prices of oil, gas, and petrochemical products; and other factors discussed in this release and under the heading “Factors Affecting Future Results” on the Investors page of ExxonMobil’s website at exxonmobil.com.
ExxonMobil Media Relations
972-940-6007
Commaris debuts flagship product at Commercial UAV Expo in Las Vegas
LAS VEGAS--(BUSINESS WIRE)--#UAV--Terrafugia Inc. today announces the launch of a new brand, CommarisTM, and the brand’s first product, the SEEKERTM, an innovative, electric, fixed-wing/VTOL hybrid aircraft designed explicitly for autonomous commercial aerial applications. Commaris will debut the SEEKER at the Commercial UAV Expo in Las Vegas from Sept. 7 through Sept. 9.
The SEEKER has a long-endurance capability with more than three hours of flight time without a battery change, saving time and reducing costs while supporting multiple payload configurations at a top speed of over 60 mph. The UAV employs an advanced, fully composite airframe with a wingspan of 15 feet and a payload lifting capability of up to 10 pounds. Its modular design is easy to assemble and disassemble in the field in under three minutes.
"We are very excited to launch our new brand, Commaris, and its first product, the SEEKER. This UAV is designed to perform a wide variety of commercial inspection operations in applications such as power, gas, oil, mapping, agriculture, and security,” said Kevin Colburn, President of Terrafugia and Commaris. “Our team of experienced aviation professionals has created an extremely capable, commercial-grade UAV that, in many situations, will deliver results that typical rotary-wing UAVs or helicopters cannot come close to providing.”
The SEEKER's innovative, aerodynamic design includes powerful but quiet electric motors that help it achieve a noise signature of only 40 decibels on the ground and near-silence at 500 feet AGL. The UAV is the ideal aircraft for security, powerline patrols, and missions operating in noise-sensitive environments, ensuring operations will be completed quickly and quietly.
The SEEKER’s large payload-carrying capability will be customizable with a variety of modular options, such as a 30x optical zoom EO/IR camera for inspection, a 120-megapixel high-resolution camera for terrain mapping and 3D modeling, a six-band multispectral camera designed for precision agriculture analysis, a LiDAR system, a laser methane sensor, or a corona discharge sensor, most of which will feature the ability to stream data to the operator in near-real time.
Commaris will debut the SEEKER during a live demonstration at the UAV Expo's "Beyond The Cage Live Outdoor Flying Demonstrations" taking place on Sept. 7, 2021, at 9:25 a.m. PT at the Henderson Equestrian Park North. Representatives will be available for questions after the demonstration and at the Expo’s exhibitor hall at the Mirage Las Vegas, booth #407.
To learn more and get in touch, please visit www.commaris.com.
About Commaris
CommarisTM, a brand of Terrafugia, Inc., delivers unmanned aerial vehicles (UAVs) for commercial operations in power, gas, oil, mapping, agriculture, security, and more. Its flagship UAV, the SEEKERTM, provides industry-leading flight times with ultra-low noise output, fast and precise vertical takeoff and landing, and dual-GPS systems with automated route planning. The SEEKER’s large payload-carrying capability is customizable with a variety of modular options, such as a 30x optical zoom EO/IR camera for inspection, a 120-megapixel high-resolution camera for terrain mapping and 3D modeling, a six-band multispectral camera designed for precision agriculture analysis, a LiDAR system, a laser methane sensor, or a corona discharge sensor, most of which will feature the ability to stream data to the operator in near-real time. Terrafugia and Commaris are members of the Geely Technology Group. For more information on Commaris, please visit www.Commaris.com.
About Terrafugia
Terrafugia was founded in 2006 with the goal of delivering the world’s first practical flying car. After making steady progress, in 2017, Terrafugia was acquired by the Geely Holding Group and began leveraging contributions from sister companies Volvo Cars, Lotus Cars and CEVT. In early 2021, Terrafugia received the first FAA airworthiness certificate for a roadable aircraft in 60 years.
Today, as part of the Geely Technology Group, Terrafugia’s team of experienced professionals is focused on the launch of our new brand, CommarisTM, which delivers unmanned aerial vehicles (UAVs) for commercial inspections in power, gas, oil, construction, agriculture, security, and other industries.
MEDIA
Sarah Wersackas, Matter
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C: 603.724.9449
Validere’s Product Data Cloud integration enables the digital tracking and registering of gas origin and emissions intensity in landmark transaction
TORONTO--(BUSINESS WIRE)--#ESG--Validere, a leader in bringing product-data transparency to the oil and gas industry, has collaborated with Xpansiv to facilitate a landmark Responsibly Sourced Gas Agreement, the first of its kind to validate and register the origin, energy content, and methane intensity of the gas, all derived from independent data sources.
Validere’s Product Data Cloud creates a universal data layer that connects, tracks and audits commodities data, enabling primary measurements and certificates to be attached to specific molecules. This immutable data feeds into the Xpansiv Registry to provide data transparency, helping the industry make better decisions and transition toward a lower-carbon economy.
“Accelerating the energy transition requires real-time, accurate data tracking and insights,” said Nouman Ahmad, co-founder and CEO, Validere. “We’re proud to provide the foundational data layer that enables the industry to track each molecule. Partners like Xpansiv help us certify environmentally sourced products through its pioneering digital registry—including the recently announced responsibly sourced gas transaction.”
“Our partnership with Validere makes it possible for industry participants to differentiate their products based on ESG factors, including methane emissions,” said Andrew Pisano, head of XRegistries at Xpansiv. “It is central to our mission of bringing transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world.”
About Validere
Validere provides the only product data cloud for the oil and gas industry. Its platform delivers real-time visibility into the true composition and quality of oil and gas that enables organizations to identify operational efficiencies, make the highest-margin trading decisions, and drive tangible ESG improvements. With more than 40 of North America’s leading energy companies relying on Validere’s insights, it is transforming the world’s largest supply chain by making critical product quality data accessible and actionable.
About Xpansiv
Xpansiv is the global marketplace for ESG-inclusive commodities. These Intelligent Commodities bring transparency and liquidity to markets, empowering participants to value energy, carbon, and water to meet the challenges of an information-rich, resource-constrained world. The company’s main business units include CBL, the leading spot exchange for ESG commodities, including carbon, renewable energy certificates, and Digital Natural Gas™; H2OX, the leading spot exchange for water in Australia; XSignals, which provides end-of-day and historical market data; and EMA, the leading multi-registry portfolio management system for all ESG-inclusive commodities. Xpansiv is the digital nexus where ESG and price signals merge.
Media:
Erin Farrell Talbot
Farrell Talbot Consulting
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Ben Tao
Validere
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Xpansiv
Rob Dalton
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DUBLIN--(BUSINESS WIRE)--The "Pipeline & Process Services Market Research Report by Asset Type, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Pipeline & Process Services Market size was estimated at USD 3,399.33 Million in 2020 and expected to reach USD 3,544.97 Million in 2021, at a Compound Annual Growth Rate (CAGR) 4.62% to reach USD 4,458.14 Million by 2026.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Pipeline & Process Services Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Pipeline & Process Services Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Pipeline & Process Services Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Pipeline & Process Services Market?
4. What is the competitive strategic window for opportunities in the Global Pipeline & Process Services Market?
5. What are the technology trends and regulatory frameworks in the Global Pipeline & Process Services Market?
6. What is the market share of the leading vendors in the Global Pipeline & Process Services Market?
7. What modes and strategic moves are considered suitable for entering the Global Pipeline & Process Services Market?
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/cumvbr.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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By signing up with the renewable energy retailer and going green, new customers will receive full access to Amazon Prime’s fast, free delivery, exclusive deals and discounts, entertainment, and more
HOUSTON--(BUSINESS WIRE)--Renewable energy retailer Octopus Energy today announced that new customers can enjoy a year-long, complimentary membership to Amazon Prime after signing up for cheaper, greener energy. Customers can sign up at octopusenergy.com.
With a technology-forward approach, Octopus Energy is driving the smart grid and accelerating the green energy transition by providing customers with access to cheaper electricity when renewable energy is abundant, while also enhancing customer experiences. As part of that experience, new Octopus Energy customers will now have the opportunity to enjoy the best of shopping, savings and entertainment from Amazon with Prime membership, including unlimited fast, free delivery; ultrafast grocery delivery and pick-up; award-winning movies and TV episodes with Prime Video; free books, games and music; and photo storage, exclusive savings and so much more.
“Expanding access to renewable energy, while providing consumers with top-tier customer service, has been our mission from day one,” said Michael Lee, CEO of Octopus Energy. “We are happy to work with Amazon Prime to invite more Texans to take advantage of our affordable, clean energy plans and reward customers with Prime membership to enjoy their favorite movies, music, books, shows and more.”
As part of its customer-first approach, Octopus Energy also recently introduced Superpower Savings, a new program that financially rewards customers who conserve energy during times of extreme heat. In addition, Octopus Energy has gained eight accolades for outstanding service in 2020 alone and Octopus Energy is the only energy supplier to ever gain the Which? Recommended award four years in a row.
To sign up for Octopus Energy, you can visit www.octopusenergy.com or reach out to This email address is being protected from spambots. You need JavaScript enabled to view it..
About Octopus Energy
Octopus Energy Group is a technology-driven, renewable energy retailer, directly supplying over 2 million customers globally with 100% green electricity at a cheaper price and with a focus on incredible customer service. Founded five years ago as a global energy retailer, Octopus Energy entered the U.S. market in 2020, forming Octopus Energy U.S. and fueling the company’s global expansion. Octopus Energy is valued at over $2 billion and is one of energy-tech’s fastest-growing private companies. To learn more, visit: www.octopusenergy.com
Every Day Made Better with Prime
Prime offers the best of shopping, savings and entertainment to more than 200 million paid members around the world. In the U.S. that includes unlimited access to award-winning movies and TV episodes with Prime Video, ad-free listening of 2 million songs plus thousands of stations and playlists with Amazon Music, free games with Prime Gaming, more than 3,000 books and magazines with Prime Reading, unlimited photo storage with Amazon Photos, and incredible savings with Prime Day. Prime was built on the foundation of unlimited fast, free shipping. Prime members enjoy ultrafast grocery delivery and pickup from Amazon Fresh and Whole Foods Market in more than 5,000 cities and towns, free Same-Day Delivery on millions of items in 47 major metropolitan areas, and free One-Day Delivery on more than 10 million items coast to coast. Prime members also receive free two-day delivery on prescriptions from Amazon Pharmacy and prescription savings at more than 60,000 participating pharmacies in the U.S. To join Prime or start a free trial, visit amazon.com/prime.
Joe Ciccarello
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Schneider Electric to unveil its new Partnerships of the Future program and its latest solutions designed to help meet the rapidly changing sustainability and efficiency challenges of our generation
BOSTON--(BUSINESS WIRE)--There is still time to limit global warming to 1.5 degrees, but we have to act fast. As the most sustainable corporation in the world, Schneider Electric recognizes that no company can succeed alone. Schneider Electric’s partners will be at the forefront of the energy transition, ensuring our smart energy grid, our homes and our cities can continue powering the global economy – all while helping to protect the biodiversity around us and stop climate change.
Partners that wish to embark on a transformation journey need to align with vendors that understand the process and assist every step of the way. Partnerships of the Future go beyond solutions, technologies, and training. We're talking about a fundamental shift where the partners that truly matter to customers are continuously engaged, invested in customer success and fully aligned with driving business outcomes.
We will look at the latest innovations that allow us to have simplified ways of working to help partners save time. How open partnerships and ecosystems allow collaboration, Digital Transformation helping our partners grow their business and resiliency.
Join Us: Partnerships of the Future Streaming Event
Who: |
Rohan Kelkar, Executive Vice President, Global Power Products, Schneider Electric |
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Philippe Delorme, Executive Vice President, Energy Management |
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Andrea Donadel, Senior Vice President of Strategy – Global Power Products Business, Schneider Electric |
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Schneider will unveil how it enables partners in the new electric world by investing in the growth of partners through knowledge transfer, enabling them to win more business by leveraging Simplified, Open, and Digital Solutions. |
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LinkedIn Live – Streaming Online: https://www.linkedin.com/events/partnershipsofthefuturefuelings6831647536348962816/ |
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September 9, 2021, 6:00am ET (12:00pm CET) |
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Vicki True, Media Relations Manager, Schneider Electric – This email address is being protected from spambots. You need JavaScript enabled to view it. |
Follow Schneider Electric on Social Media
Twitter @SchneiderElec
Instagram @SchneiderElectric
Facebook @SchneiderElectricUS
LinkedIn https://www.linkedin.com/company/schneider-electric
YouTube https://www.youtube.com/user/SchneiderCorporate
Partnerships of the Future Program
Thursday, September 9, 2021
12:05 - 12:10
Event opening: Electric 4.0
We are building the Partnerships of the Future underpinned by our core pillars of simplification, openness and Digitalisation to work and empower our partners towards the new electric world.
Philippe DELORME
12:10 - 12:15
Keynote: Partnerships of the Future – Why transformation is needed?
How SE plans its future in the Digital journey – A blueprint for our partners transformation
Rohan Kelkar
12:15 - 12:25
Perspectives Session: What is the Market Saying
IDC – Partners of the Future– 5 steps you need to take today as a partner
Stuart Wilson
12:25 - 12:40
Dedicated channel support programs –
Simplified ways of working, Helping our partners to be future ready
Introduce the latest Hero offers and how they can help our partner move closer to their sustainable goals
Andrea DONADEL
Open partnerships enabling open collaboration
Our commitment to help our partners unleash their potential in the new electric world with curated support and digital transformation.
Jean Baptiste Hazard
Digital enables efficiency and Growth
Digitalization that enables new services and software that increases efficiency at every stage of the project lifecycle
Andrea DONADEL, Jean Baptiste Hazard
Resources:
Vicki True, Media Relations Manager, Schneider Electric – This email address is being protected from spambots. You need JavaScript enabled to view it.
ARLINGTON, Va.--(BUSINESS WIRE)--$AVAV--AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced that Wahid Nawabi, president and chief executive officer, Kevin McDonnell, senior vice president and chief financial officer, and Jonah Teeter-Balin, senior director corporate development and investor relations, will present at the RBC Capital Markets Global Industrials Virtual Conference on Friday, September 10, 2021 at 8:20 a.m. PT / 11:20 a.m. ET, as well as the Raymond James Defense and Government Services Conference at Nationals Park, Washington D.C. on Thursday, September 23, 2021.
Live audio webcasts of the presentations will be made available in the Events and Presentations section of the AeroVironment website at https://investor.avinc.com/events-and-presentations. A replay of the webcasts will be available for 90 days.
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems and serves defense, government and commercial customers. For more information, visit www.avinc.com.
SAFE HARBOR STATEMENT
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Jonah Teeter-Balin
+1 (805) 520-8350 x4278
https://investor.avinc.com/contact-us
LONDON--(BUSINESS WIRE)--#HPC--Verne Global, provider of sustainable data center solutions for high intensity computing (registered as Verne Holdings Limited), today announced that it has been acquired by Digital 9 Infrastructure plc (D9), the newly established investment trust that invests in a range of digital infrastructure assets which deliver a reliable, functioning internet, in a deal valued at approximately £231 million in cash.
UK-based D9 is focused on providing resilient digital infrastructures that are integrated with green and cleaner power in line with UN Sustainable Development Goal 9, to "build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation." The acquisition of Verne Global, which operates a 100 percent renewable powered data center campus based in Iceland, reaffirms this strategy and, together with D9’s recent subsea investment in Aqua Comms, accelerates the investment trust’s ambition to decarbonise digital infrastructure by increasing access to data centers in areas where there are abundant supplies of clean energy.
Verne Global’s 40 acre data center campus has been designed from the ground up to provide highly specialist data center services for organisations running high intensity compute workloads, including AI, machine learning, high performance computing (HPC) and supercomputing. Iceland’s stable energy grid ensures Verne Global can provide these customers with long-term price visibility, while the local climate supports free cooling 365 days a year. Its services are backed by a highly expert team of data center engineers, which offers round-the-clock support from Verne Global’s Keflavik campus.
Dominic Ward, CEO of Verne Global, said:
“We are absolutely delighted to become part of the Digital 9 Infrastructure platform. Its mission to support and develop highly-resilient digital infrastructures that fuel innovation, but are also sustainable and inclusive, resonates tremendously with Verne Global’s own business objectives. What Verne Global has achieved over the last decade is a fantastic accomplishment and is a great acknowledgement of the exceptional team that we have. We are hugely grateful for the support that we have had from our prior shareholders – Wellcome Trust, Stefnir, Novator Partners, and General Catalyst Partners – to this point. As we look forward, we are now hugely excited to be working with D9 and believe that we have the perfect partner to help power our future.”
Commenting on the Verne Global transaction, Thor Johnsen, Head of Digital Infrastructure at Triple Point, D9’s Investment Manager, said:
“Data centers form a key part of the digital infrastructure backbone. Verne Global’s existing Icelandic based data center assets represent some of the cleanest, lowest carbon footprint data centres, globally. This is another key step to support decarbonising the data center industry. For society to meet key decarbonisation goals, we need to look for ways to shift energy consumptive activities to areas of surplus renewable energy. The digital infrastructure industry has an increasing energy footprint, particularly data centres, which need to become more energy efficient and green. However, as an industry we should not expect to just rely on carbon offsets in markets which are already struggling to meet carbon targets, but we need to attract data centre demand to areas where there are robust sources of renewable power.
We are thrilled to add the Verne Global platform to the growing D9 portfolio. Together with the D9 subsea investment in Aqua Comms, we are pursuing further fibre network opportunities to improve connectivity into the Nordics, enabling data center users reliable and low cost access to the vast renewable and low cost energy resources of Iceland and the Nordics.”
Birgir Már Ragnarsson, Managing Partner at Novator Partners LLP, one of the original investors in Verne Global, said:
“When we founded Verne Global in 2007 with our friends at General Catalyst, we had the ambitious goal of building the first green data center in the world that would serve the global enterprise market. We saw Iceland as the best place for high intensity compute, using 100 percent renewable energy, free cooling, long term energy contracts and a tech savvy, highly educated workforce.
“Now close to 15 years later, we are super proud to say that we achieved our goal thanks to the brilliant team at Verne Global and our co-investors from the Welcome Trust and Stefnir. Verne Global is already a clear winner as a green sustainable data center serving global customers, and now has the opportunity to grow even further under new ownership. We congratulate D9 with their acquisition and look forward to following Verne Global’s future.”
ENDS
About Digital 9 Infrastructure plc:
Digital 9 Infrastructure plc is a newly established, externally managed investment trust which invests in a range of digital infrastructure assets which deliver a reliable, functioning internet.
"Digital infrastructure" refers to the critical infrastructure required for the internet to operate and, essentially, refers to everything from fibre networks that connect continents, businesses and homes (the very "backbone" of the internet), to the data centres that organisations use to house their critical networks of computer and storage resources, and to the towers and small cells that carry data traffic wirelessly to the end user.
The Company is focused on the provision of Digital Infrastructure integrated with green and cleaner power in line with UN Sustainable Development Goal 9: "Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation".
The Company's portfolio will comprise future proofed, non-legacy, scalable platforms and technologies including (but not limited to) subsea fibre, data centres, terrestrial fibre, tower infrastructure and small cell networks (including 5G).
The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority, with extensive experience in asset and project finance, portfolio management and structured investments. The Investment Manager's digital infrastructure team has a proven track record of over US$2 billion of infrastructure investments and, in addition, benefits from a panel of digital infrastructure industry experts with deep knowledge, relationships and involvement in a combined US$250 billion of digital infrastructure transactions.
The Company's Ordinary Shares were admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 31 March 2021.
For more information, please visit www.d9infrastructure.com.
About Verne Global
Verne Global delivers data center solutions for high intensity computing, engineered for optimal high performance compute and built upon 100% renewable energy. Our clean grid and stable climate cuts costs and energy usage, and our expert team provides on-site, around-the-clock support to maximise performance and flexibility for customer workloads.
Founded in 2012, our Icelandic data center campus powers some of the world’s most innovative and demanding industries, including financial services, earth sciences, life sciences, engineering, scientific research and AI.
Hannah Arnold/Michelle Edge
Eleven Hundred Agency
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MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE: INT) today announced the appointment of Jill B. Smart to the Board of Directors of the company.
“We are delighted to have Jill join our Board of Directors,” said Michael J. Kasbar, chairman and chief executive officer. “She is an accomplished human resources executive who brings a wealth of expertise in human capital management and executing organizational transformation. Jill’s skill set will be a strategic asset to our company and help us accelerate our long-term growth objectives.”
Ms. Smart spent more than 33 years at Accenture plc, a global professional services company, before retiring in 2014 after having served as Accenture’s Chief Human Resources Officer for the last 10 years. As CHRO, she was responsible for all aspects of Accenture’s global human resources ("HR") agenda including resource planning, recruitment, onboarding, training and development, staffing and deployment, performance management, employee engagement, succession planning and transitions. Prior to her various HR management roles at Accenture, Ms. Smart held business integration consulting positions for clients in a variety of industries, focusing on integration strategy, technology, business processes, functional applications and human performance components.
Since 2015, Ms. Smart has served as President of the National Academy of Human Resources (NAHR), which recognizes individuals and institutions in the HR profession for their achievements and advances the work of the HR profession through research and outreach. Ms. Smart has served as a member of the board of directors of EPAM Systems, Inc. (NYSE: EPAM), a leading global product development and platform engineering services company, since 2016 and currently serves as the chair of its compensation committee. In addition, Ms. Smart is a director at AlixPartners, LLC, a results-driven global management consulting firm that specializes in helping businesses address their most complex and critical challenges, a director at HireRight, LLC, a market-leading provider of on-demand employment background checks and screening, and a member of the advisory board at Cerity Partners LLC, an SEC-registered investment advisor and wealth management firm. Ms. Smart is the founder and CEO of JBSmart Consulting, LLC, where she provides HR advisory and coaching services.
Ms. Smart is a Fellow of the National Academy of Human Resources and the Human Resources Policy Institute, as well as a member of the Peer Roundtable for CHROs and the G100 Talent Consortium Advisory Board. Ms. Smart is also a past Trustee of the University of Illinois Board of Trustees and is currently a member of the University’s President’s Advisor Council, the Dean’s Business Council at the Gies College of Business, and the University of Illinois’ Chicago Athletic Advisory Board.
Ms. Smart will serve as a member of the company’s Compensation and Governance committees.
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 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
Glenn Klevitz, Vice President,
Treasurer & Investor Relations
(305) 351-4763
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DUBLIN--(BUSINESS WIRE)--The "Global Refining Catalyst Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.
Crude oil is today the primary energy source for transportation fuels worldwide and a source to produce a wide variety of chemical products. Catalysis plays a key role in petroleum refining, as most of the processes are catalytic. According to the publisher, the global Refining Catalyst market is expected to witness a considerable growth rate during the forecast period. The market for refining catalysts is growing to meet the increasing market demands of quality standards. Moreover, increased demand for high octane numbers in fuels and rising demand for petroleum derivatives are further helping the market growth. Hence, the refining catalyst market is expected to grow at a high pace during the study period. On the other side, declining crude prices and diminishing resources are expected to hinder market growth in the future years. Catalysis plays a crucial role in several stages of fuel production. Many catalytic processes are necessary to convert crude oil to final commercial products, with strictly defined specifications. Around 30% of the total amount of catalysts produced by the industry is consumed in refinery processes.
Companies Mentioned
Refineries produce different shares of petroleum products depending on the composition of crude oil and the demands of the market. Directly or Indirectly, around 6,000 products are derived from petroleum. The largest share, close to 75% of oil products produced in refineries, is used as energy carriers that are various grades of fuel oil and gasoline. These fuels include or can be blended to give gasoline, diesel fuel, jet fuel, heavier fuel oils, and heating oil. Heavier or less volatile fractions are used to produce asphalt, tar, paraffin wax, lubricating, and other heavy oils. Moreover, refineries produce other chemicals used in chemical processes to make plastics and other useful materials. Carbon, in the form of hydrogen and petroleum coke, is also produced as petroleum products. The hydrogen produced is often used as an intermediate product for other oil refinery processes such as hydrocracking and hydrodesulfurization. Many day-to-day used everyday products are also a derivative of petroleum that includes aspirin, dentures, clothing, cosmetics, solar panels, personal care products such as shampoo & toothpaste, rugs, and food products like chewing gum.
Transportation is the primary economic sector in the consumption of a large number of petroleum products in the form of petrol and diesel. The increase in vehicle stock is the primary driver contributing to the rise in oil consumption in the road transportation sector. Among all transport modes, the most significant demand for oil comes from road transportation. The total vehicle stock is estimated to grow by around 1.1 billion between 2017 and 2040 to reach 2.4 billion vehicles. Out of this, passenger cars are estimated to grow by approximately 877 million, with 768 million cars in developing countries. Out of an expected 442 million commercial vehicles by 2040, a large majority of around 370 million will remain conventional. Natural gas vehicles are forecasted to account for 6% of the commercial fleet by 2040.
In addition to optimizing existing refining catalysts, producers are continually looking to develop new catalyst products with precise characteristics to meet the exact needs of a given application. The transition towards a CO2-neutral society poses a significant challenge to catalysis research. In the short term, the catalysts and processes that offer optimally efficient and clean use of fossil fuels and feedstock are in demand. In the longer term, new catalytic materials for the transition to a CO2-neutral society are required, which can also accommodate the predicted increase in the use of electricity and transport.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Type
5.1.1 Metals
5.1.2 Zeolites
5.1.3 Chemical Compounds
5.2 By Type
5.2.1 Hydroprocessing Catalysts
5.2.2 Fluid Catalytic Cracking (FCC) Catalysts
5.2.3 Alkylation Catalysts
5.2.4 Reforming Catalysts
5.2.5 Others
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/sc4adl
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Prime contract on the $950M construction contract vehicle will support construction projects in the Hampton Roads region of Virginia.
FRAMINGHAM, Mass.--(BUSINESS WIRE)--#cleanenergy--Ameresco, Inc., (NYSE: AMRC), a leading energy efficiency and energy infrastructure company, announced that Naval Facilities Command Mid-Atlantic (NAVFAC MIDLANT) has awarded the company’s Federal Solutions team a prime contract on a large construction contract vehicle with a capacity of $950 million over 5 years. Ameresco is one of 8 awardees selected to implement projects under the contract.
Task orders on this multiple award construction contract (MACC) will support construction projects in the Hampton Roads region of Virginia, home to a large number of Navy facilities. The award of this design-build contract vehicle furthers the expansion of Ameresco Federal Solutions beyond the energy performance contracting market. It also extends Ameresco’s partnership with the NAVFAC MIDLANT, which has previously selected Ameresco to deploy more than $200M in energy infrastructure modernization projects at Portsmouth and Norfolk Naval Shipyards.
“We are excited to build on Ameresco’s support of the Navy in the Mid-Atlantic region,” said Nicole Bulgarino, EVP and General Manager, Federal Solutions at Ameresco. “Design-build construction contract vehicles like this MACC expand our capability to support the Navy’s mission by modernizing critical installation infrastructure. These investments will provide improved facilities for our servicemembers and help the Navy meet its requirements for training, sustaining, projecting, and maintaining the future force.”
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 the United Kingdom. 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 the United Kingdom. For more information, visit www.ameresco.com.
The announcement of a customer’s entry into a prime contract is not necessarily indicative of the timing or amount of revenue from such prime contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total project backlog. There were no construction contracts related to this prime contract included in our previously reported awarded or contracted backlog as of June 30, 2021.
Media:
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Building Integrated Photovoltaics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global building integrated photovoltaics market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 18% during 2021-2026.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
Building-integrated photovoltaics (BIPVs) refer to the solar power generating components that are used in constructing facades, roofs, and skylights in buildings. Generally, these components include the integration of photovoltaic modules, backup power supply system, charge controller, power storage system, and other supporting hardware. BIPV materials offer several benefits over their traditional counterparts as they provide onsite power generation, zero emissions, high energy conservation, superior architectural integration, and optimal shading. In addition to this, BIPVs also help in reducing labor and installation costs by replacing high-end roof membranes, skylight glazing, facade cladding, etc. Owing to these benefits, building integrated photovoltaic materials are widely installed across commercial, residential, and industrial sectors.
The increasing demand for building integrated photovoltaic materials can be attributed to the rising integration of solar energy solutions in commercial infrastructures for architectural optimization and energy conservation. Moreover, growing environmental concerns towards the depleting non-renewable power resources, such as oil, coal, etc., have further bolstered the demand for solar power generation. Additionally, rapid modernization in the construction and building sector along with the increasing focus on clean energy has fueled the demand for green or zero-emission buildings. Furthermore, the growing consumer awareness towards several ecological benefits of BIPV has resulted in the rising adoption of solar energy harnessing systems in the residential sector.
Apart from this, implementation of favorable government policies supported by several initiatives for promoting the need for reducing carbon footprints have also catalyzed the demand for building-integrated photovoltaics on a global level. Furthermore, the increasing demand for BIPV components in the developed regions, such as North America and Europe, is primarily driven by the supporting infrastructural developments in the form of optimum grid-parity of photovoltaic solutions supported by several financial incentives offered by regional governments. On the other hand, several emerging economies, such as India, China, Vietnam, etc., are experiencing high product demand due to the reduced solar installation costs and wide availability of BIPV materials across these countries. Moreover, various technological advancements coupled with the increasing penetration of wireless connectivity have led to the introduction of automated BIPV components, thereby bolstering the market growth. Additionally, rising investments in several R&D activities for the superior integration of advanced module technologies are also driving the product demand.
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Building Integrated Photovoltaics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
7 Market Breakup by Application
8 Market Breakup by End Use
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Indicators
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/1n2dib
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”) today announced that its two Greek Important Projects of Common European Interest (“IPCEI”) have been approved by a joint decision by the Greek Minister of Development and Investments, Mr. Adonis Georgiadis, and the Greek Minister of Environment, Energy, and Climate Change, Mr. Kostas Skrekas. The White Dragon and Green HiPo projects, each of which prominently features Advent’s innovative fuel cell technology, were among five projects, out of 20 submitted, that received approval and were selected after evaluation by a special Interministerial Committee of Experts.
The scope of the programs, as submitted by Advent and the White Dragon consortium of companies, is set to replace Greece’s largest coal-fired plants, with renewable solar energy parks, which will be supported by green hydrogen production (4.65GW), and fuel cell heat and power production (400MW). The projects are part of the “Hydrogen Technologies” IPCEI and will now move towards approval at European Union (“EU”) level. As a next step, Advent will demonstrate before the European Commission (DG Competition) the economic, environmental, financial, social, technical feasibility of the project and the positive spillover effects to the European economy and society. Upon successful assessment, Advent will receive a final notification from the European Commission.
Dr. Vasilis Gregoriou, Advent Chairman and CEO, stated, “We are thrilled with this news that the White Dragon and Green HiPo projects have been approved by the Greek government in the first wave of the IPCEI projects. This decision demonstrates the commitment by Greece and the EU to rapidly decarbonize power production.”
About White Dragon
The White Dragon project aims to replace the coal-fired power plants across the region of Western Macedonia and transition to clean energy production and transmission, with the ultimate goal of fully decarbonizing Greece's energy system. The project plans to use large-scale renewable electricity to produce green hydrogen by electrolysis in the region. This hydrogen would then be stored, and -- through Advent’s high-temperature proton exchange membrane (HT-PEM) fuel cells -- supply all of Greece with clean electricity, green energy, and heat.
Advent’s fuel cells provide a combination of both heat and electrical power. The heat generated by the project would initially be used in conjunction with the district heating networks of Western Macedonia and in the future in other applications that require a heating and/or cooling system, such as industrial workings, data centers, and greenhouses. Unlike competing fuel cells, Advent’s HT-PEM fuel cells are ideal for heat and power applications as they operate at the 160-2000C range and can produce quality heat, in addition to electricity -- bringing the combined efficiency of fuel cells to 85 percent. In addition, the high-temperature operation allows Advent fuel cells to operate with natural gas, a natural gas-hydrogen blend, and eventually with green hydrogen.
The White Dragon project also aims to develop an integrated Hydrogen Industrial Research Center within the Hydrogen High Technology, Research, Development & Innovation Center that is anticipated to be created in Western Macedonia.
About Green HiPo
The Green HiPo project concerns the development, design, and manufacturing of HT-PEM fuel cells for the production of heat and power. The project is expected to take place mainly in Western Macedonia, and aid significantly in the region’s transition from a coal-based economy to a greener economic model. It is a complementary project to White Dragon and will, if both are fully approved, produce the fuel cells that will power White Dragon’s green energy plan.
The electricity and heat provided by Advent’s fuel cells will be integral for Greece’s energy transition as the country plans to decommission all coal-fired power plants by 2028. A new state-of-the-art facility in Western Macedonia will be home to the production of fuel cells and will contribute to the economic development of the region by providing approximately 1,400 jobs in innovative sustainable technology. The facility will initially manufacture fuel cells of 15kW/units, gradually reaching 120kW, and then 1MW scale single units before finally becoming a multi-MW platform.
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems, and the critical components for fuel cells in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With approximately 190 patents issued, licensed, or pending for its fuel cell technology, Advent holds the IP for next-generation HT-PEM that enable various fuels to function at high temperatures under extreme conditions – offering a flexible "Any Fuel. Anywhere." option for the automotive, aviation, defense, oil and gas, marine and power generation sectors. For more information, visit www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to realize the benefits from the Green HiPo or White Dragon projects; the potential that either or both of the White Dragon and Green HiPo projects do not receive funding or final approval, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance our corporate reputation and brand; expectations concerning our relationships and actions with our technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in our Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 20, 2021, as well as the other information we file with the SEC. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Advent Technologies Holdings, Inc.
Elisabeth Maragoula
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Sloane & Company
James Goldfarb / Emily Mohr
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DUBLIN--(BUSINESS WIRE)--The "EV Charging Infrastructure in Europe and North America - 2nd Edition" report has been added to ResearchAndMarkets.com's offering.
This study investigates the electric vehicle charging infrastructure market in Europe and North America. The total installed base of dedicated charging points in Europe is forecasted to grow at a compound annual growth rate (CAGR) of 33 percent from 2.3 million in 2020 to 9.7 million by 2025.
In North America, the report estimates that the total installed base of dedicated charging points will increase from 0.9 million in 2020 to reach 2.6 million in 2025, growing at a CAGR of 25 percent. These numbers include both private and public charging points. About 887,000 of these charging points in the two regions were monitored via cellular connections in 2020. Get up to date with the latest information about vendors, charge point operators, products and markets.
Highlights from the report:
The number of connected EV charging points in Europe and North America reached an estimated 1.6 million units in 2020. Europe represents the largest share comprising around 1.3 million of these charging points, corresponding to a connectivity penetration rate of 53 percent. In North America, about 0.3 million of the total number of charging points were connected, equivalent to a connectivity penetration rate of 40 percent. Growing at a compound annual growth rate of 38 percent, the number of connected charging points in the two regions is expected to reach 7.9 million in 2025.
This report answers the following questions
Key Topics Covered:
Executive summary
1 EV charging in Europe and North America
2 Charging technologies and standards
3 Charge point operators
3.1 Europe
3.1.1 Allego
3.1.2 BP Pulse
3.1.3 Bouygues Energies and Services (Bouygues Construction)
3.1.4 CEZ Group
3.1.5 EnBW
3.1.6 Eneco eMobility
3.1.7 Enel X (Enel Group)
3.1.8 ESB Group
3.1.9 Fastned
3.1.10 Freshmile
3.1.11 Iberdrola Group
3.1.12 Innogy eMobility Solutions (E.ON Group)
3.1.13 InstaVolt
3.1.14 Ionity
3.1.15 Izivia (EDF)
3.1.16 Mer (Statkraft)
3.1.17 NewMotion (Shell Group)
3.1.18 Recharge
3.1.19 TotalEnergies
3.1.20 Vattenfall Group
3.2 North America
3.2.1 Blink Charging
3.2.2 Electrify America
3.2.3 Electrify Canada
3.2.4 EVgo
3.2.5 Hydro-Quebec
3.2.6 Tesla
3.2.7 Volta Charging
4 Hardware and software providers
4.1 Europe
4.1.1 ABB
4.1.2 ABL
4.1.3 Alfen
4.1.4 Alpitronic
4.1.5 Chargecloud
4.1.6 ChargeNode
4.1.7 Circontrol
4.1.8 Compleo Charging Solutions
4.1.9 CTEK
4.1.10 DBT Group
4.1.11 Driivz
4.1.12 Easee
4.1.13 Efacec
4.1.14 Ekoenergetyka
4.1.15 eNovates
4.1.16 Ensto
4.1.17 Etrel
4.1.18 EVBox (ENGIE)
4.1.19 Evtec
4.1.20 Fortum
4.1.21 Garo
4.1.22 Gnrgy
4.1.23 GreenFlux
4.1.24 Green Motion (Eaton)
4.1.25 Has-to-be
4.1.26 Ingeteam
4.1.27 IES Synergy
4.1.28 Keba
4.1.29 Kostad
4.1.30 Last Mile Solutions
4.1.31 Mennekes Group
4.1.32 Pod Point (EDF)
4.1.33 Rolec Services
4.1.34 Schneider Electric
4.1.35 Siemens
4.1.36 Smartlab
4.1.37 Tritium
4.1.38 Virta
4.1.39 Wallbe
4.1.40 Wallbox
4.1.41 Webasto
4.1.42 Wirelane
4.1.43 Zaptec
4.2 North America
4.2.1 AddEnergie (FLO)
4.2.2 BTCPower (Innogy)
4.2.3 ChargePoint
4.2.4 ClipperCreek
4.2.5 Delta Electronics
4.2.6 EV Connect
4.2.7 EvoCharge (Phillips & Temro)
4.2.8 EVPassport
4.2.9 Greenlots (Shell Group)
4.2.10 SemaConnect
4.2.11 Signet
5 Market analysis and trends
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DUBLIN--(BUSINESS WIRE)--The "Global Automotive Lubricant Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.
Global automotive lubricants market is expected to witness a significant growth rate during the forecast period.
Factors such as the increasing demand for efficient automotive vehicles due to the surging oil prices are expected to drive the automotive lubricants market in the forecasted years.
Furthermore, this increasing demand is attributed to the growing need for high-performance engines. The increasing construction industry is also expected to drive the demand for the commercial vehicle for construction activities, thus increasing the demand for the automotive lubricants market in the forecasted years.
However, the increase in sales for battery electric vehicles and the increasing demand for hybrid engines that could decrease the demand for engine oil is expected to restrain the global automotive lubricant growth in the forecasted years.
Engine Oil is the most used automotive Lubricant globally and is expected to drive the global automotive lubricant market. The main purpose of engine oil is to reduce wear and friction on moving parts and clean the engine from varnish and sludge. It also helps to neutralize acids that originate from fuel and oxidation of lubricants, thus improving the sealing of piston rings.
Engine oil plays a key role in cooling the engine by extracting heat away from moving parts. The increasing crude oil prices have forced people to opt for high mileage engine oils as it helps to prevent oil leaks and reduce oil consumption. The increasing car age globally promotes the use of engine oils and other lubricants to maintain the efficiency and performance of the vehicle. The recommended engine oil change period is at about 5, 000 to 7, 500 miles to enhance the drive experience.
Owing to the rapid urbanization in emerging countries like China and India, the sales of commercial vehicles such as trucks, tractors, and trailers are on the surge. High-duty motor engine oil has high-viscosity engine oils, capable of sustaining strict emission standards and extreme geographical conditions. These factors are expected to drive the demand for automotive lubricants in the forecasted years.
Major global players in the industry are Royal Dutch Shell International, China National Petroleum Corporation, Chevron Corporation, ExxonMobil Corporation, Phillips Company, Kluber Oil International, Hindustan Corporation Limited (HPCL), among others.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/ow6z
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Kansas City Southern to Begin Discussions with Canadian Pacific Railway
KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (NYSE: KSU) (“KCS”) today announced that its Board of Directors has unanimously determined, after consultation with the Company’s outside legal and financial advisors, that the unsolicited proposal received from Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) ("CP") on August 31, 2021, to acquire KCS in a cash and stock transaction valued by CP at $300 per KCS share could reasonably be expected to lead to a “Company Superior Proposal” as defined in KCS’s merger agreement with CN (TSX: CNR) (NYSE: CNI).
KCS intends to provide CP with nonpublic information and to engage in discussions and negotiations with CP with respect to CP’s proposal, subject in each case to the requirements of the CN merger agreement.
KCS remains bound by the terms of the CN merger agreement, and KCS’s Board has not determined that CP’s proposal in fact constitutes a Company Superior Proposal as defined in the merger agreement with CN. In addition, KCS notes that there can be no assurance that the discussions with CP will result in a transaction.
As previously announced on May 21, 2021, KCS entered into a merger agreement with CN, pursuant to which CN agreed to acquire KCS in a stock and cash transaction valued at $325 per KCS share based on the CN and KCS closing prices on May 12, 2021.
BofA Securities and Morgan Stanley & Co. LLC are serving as financial advisors to Kansas City Southern. Wachtell, Lipton, Rosen & Katz, Baker & Miller PLLC, Davies Ward Phillips & Vineberg LLP, WilmerHale, and White & Case, S.C. are serving as legal counsel to Kansas City Southern.
About Kansas City Southern
Headquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS' North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com.
Forward-Looking Statements
Certain statements included in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and under Canadian securities laws, including statements based on management’s assessment and assumptions and publicly available information with respect to KCS, regarding the proposed transaction between CN and KCS, the expected benefits of the proposed transaction and future opportunities for the combined company. By their nature, forward-looking statements involve risks, uncertainties and assumptions. CN and KCS caution that their assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Forward-looking statements may be identified by the use of terminology such as “believes,” “expects,” “anticipates,” “assumes,” “outlook,” “plans,” “targets,” or other similar words.
Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of CN, or the combined company, to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to: the outcome of the proposed transaction between CN and KCS; the parties’ ability to consummate the proposed transaction; the conditions to the completion of the proposed transaction; that the regulatory approvals required for the proposed transaction may not be obtained on the terms expected or on the anticipated schedule or at all; CN’s indebtedness, including the substantial indebtedness CN expects to incur and assume in connection with the proposed transaction and the need to generate sufficient cash flows to service and repay such debt; CN’s ability to meet expectations regarding the timing, completion and accounting and tax treatments of the proposed transaction; the possibility that CN may be unable to achieve expected synergies and operating efficiencies within the expected time-frames or at all and to successfully integrate KCS’ operations with those of CN; that such integration may be more difficult, time-consuming or costly than expected; that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers or suppliers) may be greater than expected following the proposed transaction or the public announcement of the proposed transaction; the retention of certain key employees of KCS may be difficult; the duration and effects of the COVID-19 pandemic, general economic and business conditions, particularly in the context of the COVID-19 pandemic; industry competition; inflation, currency and interest rate fluctuations; changes in fuel prices; legislative and/or regulatory developments; compliance with environmental laws and regulations; actions by regulators; the adverse impact of any termination or revocation by the Mexican government of KCS de México, S.A. de C.V.’s Concession; increases in maintenance and operating costs; security threats; reliance on technology and related cybersecurity risk; trade restrictions or other changes to international trade arrangements; transportation of hazardous materials; various events which could disrupt operations, including illegal blockades of rail networks, and natural events such as severe weather, droughts, fires, floods and earthquakes; climate change; labor negotiations and disruptions; environmental claims; uncertainties of investigations, proceedings or other types of claims and litigation; risks and liabilities arising from derailments; timing and completion of capital programs; and other risks detailed from time to time in reports filed by CN with securities regulators in Canada and the United States. Reference should also be made to Management’s Discussion and Analysis in CN’s annual and interim reports, Annual Information Form and Form 40-F, filed with Canadian and U.S. securities regulators and available on CN’s website, for a description of major risk factors relating to CN. Additional risks that may affect KCS’ results of operations appear in Part I, Item 1A “Risks Related to KCS’ Operations and Business” of KCS’ Annual Report on Form 10-K for the year ended December 31, 2020, and in KCS’ other filings with the U.S. Securities and Exchange Commission (“SEC”).
Forward-looking statements reflect information as of the date on which they are made. CN and KCS assume no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event CN or KCS does update any forward-looking statement, no inference should be made that CN or KCS will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
No Offer or Solicitation
This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Additional Information and Where to Find It
In connection with the proposed transaction, CN has filed with the SEC a registration statement on Form F-4 to register the shares to be issued in connection with the proposed transaction, and the registration statement has been declared effective. CN has filed with the SEC its prospectus and KCS has filed with the SEC its definitive proxy statement in connection with the proposed transaction, and the KCS proxy statement is being sent to the stockholders of KCS seeking their approval of the merger-related proposals. This news release is not a substitute for the registration statement, the prospectus, the proxy statement or other documents CN and/or KCS may file with the SEC or applicable securities regulators in Canada in connection with the proposed transaction.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROSPECTUS, THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC OR APPLICABLE SECURITIES REGULATORS IN CANADA CAREFULLY IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) BECAUSE THEY CONTAIN AND WILL CONTAIN IMPORTANT INFORMATION ABOUT CN, KCS AND THE PROPOSED TRANSACTION. Investors and security holders may obtain copies of these documents (if and when available) and other documents filed with the SEC and applicable securities regulators in Canada by CN free of charge through at www.sec.gov and www.sedar.com. Copies of the documents filed by CN (if and when available) will also be made available free of charge by accessing CN’s website at www.CN.ca. Copies of the documents filed by KCS (if and when available) will also be made available free of charge at www.investors.kcsouthern.com, upon written request delivered to KCS at 427 West 12th Street, Kansas City, Missouri 64105, Attention: Corporate Secretary, or by calling KCS’ Corporate Secretary’s Office by telephone at 1-888-800-3690 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..
Participants
This news release is neither a solicitation of a proxy nor a substitute for the registration statement, the prospectus, the proxy statement or other filings that may be made with the SEC and applicable securities regulators in Canada. Nonetheless, CN, KCS, and certain of their directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information about CN’s executive officers and directors is available in its 2021 Management Information Circular, dated March 9, 2021, as well as its 2020 Annual Report on Form 40-F filed with the SEC on February 1, 2021, in each case available on its website at www.CN.ca/investors/ and at www.sec.gov and www.sedar.com. Information about KCS’ directors and executive officers may be found on its website at www.kcsouthern.com and in its 2020 Annual Report on Form 10-K filed with the SEC on January 29, 2021, available at www.investors.kcsouthern.com and www.sec.gov. Additional information regarding the interests of such potential participants is or may be included in the registration statement, the prospectus, the proxy statement or other documents filed with the SEC and applicable securities regulators in Canada if and when they become available. These documents (if and when available) may be obtained free of charge from the SEC’s website at www.sec.gov and from www.sedar.com, as applicable.
Media
C. Doniele Carlson
KCS Corporate Communications & Community Affairs
(816) 983-1372
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Joele Frank, Wilkinson Brimmer Katcher
Tim Lynch / Ed Trissel
(212) 355-4449
Investment Community
Ashley Thorne
Vice President
Investor Relations
(816) 983-1530
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MacKenzie Partners, Inc.
Dan Burch / Laurie Connell
(212) 929-5748 / (212) 378-7071
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