HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced the net profits interest calculation for December 2020. The net profits interest calculation represents reported oil production for the month of September 2020 and reported natural gas production during August 2020. The calculation includes accrued costs incurred in October 2020.
This month, excluding prior net profits interest shortfalls, income from the distributable net profits interest would have been approximately $0.2 million. As a result of the cumulative outstanding net profits shortfall of approximately $1.7 million, however, no distribution will be paid to the Trust’s unitholders of record on December 31, 2020 in January 2021. Distributions to the Trust will resume once the cumulative net profits shortfall, which now totals approximately $1.5 million, is eliminated.
The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations. The amounts in the table have not been adjusted to reflect temporarily delayed sales and shut-in oil volumes discussed below.
|
|
Underlying Sales Volumes |
|
Average Price |
||||||||||||||||
|
|
Oil |
|
Natural Gas |
|
Oil |
|
Natural Gas |
||||||||||||
|
|
Bbls |
|
Bbls/D |
|
Mcf |
|
Mcf/D |
|
(per Bbl) |
|
(per Mcf) |
||||||||
Current Month |
|
44,612 |
|
1,487 |
|
158,152 |
|
5,113 |
|
$ |
39.63 |
|
$ |
1.45 |
||||||
Prior Month |
|
43,598 |
|
1,406 |
|
337,966 |
|
10,902 |
|
$ |
39.84 |
|
$ |
1.45 |
||||||
Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled $1.6 million for the current month on realized wellhead prices of $39.63/Bbl, down $0.1 million from the prior month distribution period.
Recorded natural gas cash receipts from the Underlying Properties totaled $0.2 million for the current month, a decrease of $0.3 million from the prior month’s distribution period.
Total accrued operating expenses for the period were $1.7 million, a $0.3 million decrease month-over-month from November 2020. Capital expenditures remained consistent with the prior period, at less than $0.1 million.
The remaining cumulative shortfall in net profits for the prior months will be deducted from any net profits in next month’s net profits interest calculation. At this time based on current commodity prices, COERT Holdings 1 LLC (the “Sponsor”) anticipates that the Underlying Properties will continue to generate positive net profits to reduce the cumulative shortfall before returning to monthly distributions again.
About Permianville Royalty Trust
Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission (the “SEC”), the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.permianvilleroyaltytrust.com.
Forward-Looking Statements and Cautionary Statements
This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, expected expenses, including capital expenditures, and expectations regarding the ability of the Underlying Properties to continue to generate positive net profits before returning to monthly distributions. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from the Sponsor with respect to the relevant period. The amount of such cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by the volatility in commodity prices, which have declined since the beginning of 2020 in response to the economic effects of the COVID-19 pandemic and the dispute over production levels between Russia and the members of the Organization of Petroleum Exporting Countries, including Saudi Arabia, resulting in an oversupply of crude oil and exacerbating the decline in crude oil prices, and could remain low for an extended period of time. Continued low oil and natural gas prices will reduce profits to which the Trust is entitled, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders. Other important factors that could cause actual results to differ materially include expenses of the Trust, reserves for anticipated future expenses and the effect, impact, potential duration or other implications of the COVID-19 pandemic. In addition, future monthly capital expenditures may exceed the average levels experienced in 2019 and prior periods. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2019, filed with the SEC on March 16, 2020, and the Trust’s Quarterly Report on Form 10-Q for the period ended September 30, 2020, filed with the SEC on November 6, 2020. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.
Permianville Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell 1 (512) 236-6555
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--$AP #ACECool--DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”), announced that its power electronics business, Coolisys Technologies Corp.® (“Coolisys®”), has entered into an agreement with a franchisee to install and test the ACECool™ electric vehicle (“EV”) chargers at three Tim Hortons quick service restaurant locations in Canada as what the Company hopes will be the first step of a revenue sharing program targeting both national and regional fast-food franchisees. According to Franchise Direct, Tim Hortons is the largest restaurant chain in Canada. The site survey, provisioning and construction are expected to begin in the first quarter of 2021. While the Company is encouraged by Coolisys’ pilot program, there is no assurance that it will be successful.
The Company expects that the program, assuming it develops as the Company presently anticipates, will allow franchise owners and operators to install the ACECool™ EV chargers and share in the net revenue from advertising and network usage. This program is anticipated to be a model for other strategic industry-focused and geo-focused networks. Coolisys is in discussions with multiple franchises and presently expects to announce other network partners in the first quarter of 2021.
Amos Kohn, President and CEO of Coolisys, said “We are optimistic about the launch of the ACECool™ EV charger pilot program for fast food franchisees. The opportunities for Coolisys in the growing EV marketplace are expected to drive significant sales growth over the next five years. We believe we are well positioned to address the increased demand for EV chargers, given our 50+ year history of providing innovative and highly-efficient power systems and solutions.”
For more information on DPW Holdings and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company’s public filings and press releases available under the Investor Relations section at www.DPWHoldings.com or available at www.sec.gov.
About Coolisys Technologies Corp.
Coolisys and its portfolio companies and divisions are primarily engaged in the design and manufacture of innovative, feature-rich, and top-quality power products for mission-critical applications in the harshest environments and life-saving, life sustaining applications across diverse markets including defense/aerospace, medical/healthcare, industrial, telecommunications, and automotive. Coolisys’ headquarters are located at 1635 South Main Street, Milpitas, CA 95035; www.Coolisys.com.
About DPW Holdings, Inc.
DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, the Company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, and textiles. In addition, the Company extends credit to select entrepreneurial businesses through a licensed lending subsidiary. DPW’s headquarters are located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.
Forward-Looking Statements
This press release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.
This email address is being protected from spambots. You need JavaScript enabled to view it. or 1-888-753-2235
PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power commends the Government of Canada and the Department of Natural Resources (NRCan) for the release of its Small Modular Reactor (SMR) Action Plan, which acknowledges the role that SMR technologies can play in achieving the country’s clean energy goals and sets forth a pathway to advancing nuclear technology in Canada.
“We are excited about the launch of Canada’s SMR Action Plan and applaud the Canadian government for taking this significant step towards seeing SMR technologies actualized as a key part of its energy sector,” said NuScale Power Chairman and Chief Executive Officer John Hopkins. “NuScale will support this action plan with our proven, reliable, and scalable technology that is suited to meet the specific power needs of regions across Canada.”
With its U.S. Nuclear Regulatory Commission-approved SMR technology, which is also currently in the pre-licensing vendor design review process with the Canadian Nuclear Safety Commission, NuScale’s advanced technology is ready to support the Canadian market. This will aid in the job creation, intellectual property and supply chains in Canada that the SMR Action Plan prioritizes. The advanced nature of NuScale’s SMR technology also means that NuScale, in cooperation with Canadian firms, stands ready to support Canada in bringing its first SMR units to operation by the late 2020s.
As Canada continues to make progress toward phasing out coal-fired electricity generation and invests in new, clean technology, NuScale SMR power plants offer an affordable, emission-free, and carbon-free clean energy solution. The scalable multi-module design and characteristics of NuScale’s power plants are well configured to replace the retiring stations, as many are between 300 MWe and 600 MWe. NuScale SMR technology can also complement solar and wind to not only mitigate climate change, but to serve as a reliable and flexible resource to support Canada’s clean energy goals and Climate Plan, such as achieving 90 percent of electricity coming from non-emitting sources by 2030. Additionally, NuScale power plants can employ wet or dry cooling to meet the clean energy needs of Canada’s diverse geographic and climatic regions.
“NuScale is eager to play a part in helping Canada become a world leader in SMR development,” added Hopkins. “We have strong partnerships in the Canadian energy sector that augment our technology’s alignment with Canadian needs and look forward to strengthening them as the SMR Action Plan is implemented. This includes supply chain partnerships across Canada that we are prepared to leverage for projects in Canada, and around the world.”
NuScale has signed Memoranda of Understandings with Ontario Power Generation and Bruce Power.
About NuScale Power
NuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, and other process heat applications. This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module™ capable of generating 77 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology. NuScale's scalable design—power plants can house up to four, six, or 12 individual power modules—offers the benefits of carbon-free energy and reduces the financial commitments associated with gigawatt-sized nuclear facilities. The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 60-year history in commercial nuclear power.
NuScale is headquartered in Portland, OR and has offices in Corvallis, OR; Rockville, MD; Charlotte, NC; Richland, WA; and London, UK. Follow us on Twitter: @NuScale_Power, Facebook: NuScale Power, LLC, LinkedIn: NuScale-Power, and Instagram: nuscale_power. Visit NuScale’s website.
Media Contact:
Diane Hughes, Vice President, Marketing & Communications, NuScale Power
This email address is being protected from spambots. You need JavaScript enabled to view it.
(C) (503)-270-9329
HOUSTON--(BUSINESS WIRE)--Schlumberger Limited (NYSE:SLB) will hold a conference call on January 22, 2021 to discuss the results for the fourth quarter and full year ending December 31, 2020.
The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.
To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 2660129.
A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until February 22, 2021, and can be accessed by dialing +1 (866) 207-1041 within North America or +1 (402) 970-0847 outside of North America, and giving the access code 5881344.
About Schlumberger
Schlumberger is the world's leading provider of technology and digital solutions for reservoir characterization, drilling, production, and processing to the energy industry. With product sales and services in more than 120 countries and employing approximately 82,000 people as of the end of third quarter of 2020 who represent over 170 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance sustainably.
Schlumberger Limited has executive offices in Paris, Houston, London, and The Hague, and reported revenues of $32.92 billion in 2019. For more information, visit www.slb.com.
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office +1 (713) 375-3535
This email address is being protected from spambots. You need JavaScript enabled to view it.
LONDON--(BUSINESS WIRE)--#GlobalSubseaProductionSystemsMarket--The subsea production systems market is poised to grow by USD 1 bn during 2020-2024, progressing at a CAGR of almost 3% during the forecast period.
Worried about the impact of COVID-19 on your Business? Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.
Get FREE Sample Report in Minutes!
The report on the subsea production systems market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by rising deep and ultra-deepwater drilling projects.
The subsea production systems market analysis includes type segment and geography landscape. This study identifies the different reservoir characteristics as one of the prime reasons driving the subsea production systems market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The subsea production systems market covers the following areas:
Subsea Production Systems Market Sizing
Subsea Production Systems Market Forecast
Subsea Production Systems Market Analysis
Companies Mentioned
Related Reports on Energy Include:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Equipment Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/
Hiring represents an investment to improve the focus on customers, both current and future
CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc., the worldwide leader in Flex-MLPE (Module Level Power Electronics), announced today that James (JD) Dillon has joined as its new Chief Marketing Officer (CMO). Mr. Dillon brings more than 25 years of marketing leadership across a variety of technical industries to the Tigo Executive team.
Mr. Dillon’s experience spans the U.S. Armed Forces, semiconductors, solid state drives, solar inverters and batteries. His functional leadership has impacted pricing, new product introduction, customer experience, and communications at all levels. Most recently, JD spent over 3 years as the VP of Marketing and Pricing at Enphase Energy Inc., the world’s leading supplier of solar microinverters to the PV industry.
“JD brings a wealth of knowledge related to growing an international solar business to the Tigo team,” said Zvi Alon, Chairman and CEO of Tigo. “With an understanding of the MLPE market and experience scaling companies across multiple industries, he is joining Tigo at the right time to help scale the company in 2021 and beyond.”
Tigo continues to invest in key personnel to keep pace with the demand the company is experiencing for its TS4 Flex-MLPE platform as the solar industry continues to see solid growth around the world. JD is responsible for all aspects of the Tigo brand including communications, customer outreach in digital, virtual, and in-person channels, and profitably growing the company worldwide.
“Tigo already has an impressive footprint in dozens of countries,” said Mr. Dillon. “I look forward to building on that solid foundation and adding structure to every aspect of marketing to increase the awareness and adoption of our technology throughout the world.”
Mr. Dillon graduated from the United States Military Academy at West Point with a BS in Electrical Engineering and Santa Clara University with a Master of Business Administration.
About Tigo
Tigo is the worldwide leader in Flex-MLPE (Module Level Power Electronics) with innovative solutions that significantly enhance safety, increase energy production, and decrease operating costs of photovoltaic (PV) systems. Tigo’s TS4 platform maximizes the benefit of PV systems and provides customers with the most scalable, versatile, and reliable MLPE solution available. Tigo was founded in Silicon Valley in 2007 to accelerate the adoption of solar energy worldwide. Tigo systems operate on 7 continents and produce gigawatt hours of reliable, clean, affordable and safe solar energy daily. Tigo's global team is dedicated to making the best MLPE on earth so more people can enjoy the benefits of solar. Visit us at www.tigoenergy.com.
John Lerch
408.402.0802 x430
This email address is being protected from spambots. You need JavaScript enabled to view it.
LONDON--(BUSINESS WIRE)--#Floating--The floating wind turbine market is expected to grow by 582 MW, decelerating at a CAGR of about 58% during the forecast period.
For a More Detailed Analysis, Get a Free Sample Report Delivered Instantly
Favorable government regulations for floating wind is one of the major factors propelling market growth. However, factors such as competition from alternative technologies may hamper growth.
More details: https://www.technavio.com/report/floating-wind-turbine-market-industry-analysis
Floating Wind Turbine Market: Foundation Landscape
Based on the foundation, the spar-buoy segment led the market in 2019. Spar-buoy foundation has a simple design that is amenable to the serial fabrication process, which is one of the key factors driving the segment growth. The market growth in the segment will be significant over the forecast period.
Floating Wind Turbine Market: Geographic Landscape
By geography, Europe is going to witness lucrative growth during the forecast period. About 58% of the market’s overall growth is expected to originate from Europe. Rising investments in floating offshore wind plants in countries such as France, Norway, and Portugal are driving the growth of the market in Europe. The UK, Portugal, Norway, and France are the key markets for floating wind turbines in Europe.
Develop Smart Strategies for Your Business: Get a Free Sample Report Now!
Related Reports on Utilities Include:
Global Wind Tower Market - Global wind tower market segmentation by product (Tubular steel towers, Concrete towers, and Other towers), geography (APAC, Europe, North America, South America, and MEA), and application (onshore and offshore). Click Here to Get an Exclusive Free Sample Report
Global Wind Turbine Monitoring Systems Market - Global wind turbine monitoring systems market segmentation by application (onshore and offshore) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report
Companies Covered:
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Subscribe to World-Class Market Intelligence and gain instant access to 17,000+ market research reports and connect with expert analysts
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Foundation
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/
HOUSTON--(BUSINESS WIRE)--Regulatory News:
Schlumberger Limited (NYSE:SLB) will hold a conference call on January 22, 2021 to discuss the results for the fourth quarter and full year ending December 31, 2020.
The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.
To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 2660129.
A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until February 22, 2021, and can be accessed by dialing +1 (866) 207-1041 within North America or +1 (402) 970-0847 outside of North America, and giving the access code 5881344.
About Schlumberger
Schlumberger is the world's leading provider of technology and digital solutions for reservoir characterization, drilling, production, and processing to the energy industry. With product sales and services in more than 120 countries and employing approximately 82,000 people as of the end of third quarter of 2020 who represent over 170 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance sustainably.
Schlumberger Limited has executive offices in Paris, Houston, London, and The Hague, and reported revenues of $32.92 billion in 2019. For more information, visit www.slb.com.
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office +1 (713) 375-3535
This email address is being protected from spambots. You need JavaScript enabled to view it.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE:KSU) will release its fourth quarter 2020 financial results on Friday, January 22, 2021, before the opening of trading on the New York Stock Exchange.
KCS will also hold its fourth quarter 2020 earnings conference call on Friday, January 22, 2021 at 8:45 a.m. eastern time. Shareholders and other interested parties are invited to participate via live webcast or telephone. To participate in the live webcast and to view accompanying presentation materials, please log into investors.kcsouthern.com immediately prior to the presentation. To join the teleconference, please call (844) 308-6428 from the U.S., or (412) 317-5409 from all other countries.
A replay of the presentation will be available by calling (877) 344-7529 from the U.S., (855) 669-9658 from Canada or (412) 317-0088 from all other countries and entering conference ID 10150484. The webcast replay and presentation materials will be archived on the company’s website.
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.
KCS: Ashley Thorne, 816-983-1530, This email address is being protected from spambots. You need JavaScript enabled to view it.
LONDON--(BUSINESS WIRE)--#GlobalFuelCellCommercialVehicleMarket--Technavio has been monitoring the fuel cell commercial vehicle market and it is poised to grow by 20.14 thousand units during 2020-2024, progressing at a CAGR of about 45% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Click & Get Free sample report in minutes
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the fuel cell commercial vehicle market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
Frequently Asked Questions-
Related Reports on Consumer Discretionary Include:
Global Fuel Cell Market: The fuel cell market size has the potential to grow by 2280.21 MW during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Small and Tactical UAV Fuel Cell Market: The small and tactical UAV fuel cell market size has the potential to grow by USD 182.71 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB Volvo, Ashok Leyland Ltd., CNH Industrial NV, Daimler AG, Hyundai Motor Co., Nikola Corp., PACCAR Inc., Tata Motors Ltd., Toyota Motor Corporation, and Volkswagen AG are some of the major market participants. The awareness about the benefits of green energy vehicles will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this fuel cell commercial vehicle market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Fuel Cell Commercial Vehicle Market 2020-2024: Segmentation
Fuel Cell Commercial Vehicle Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44815
Fuel Cell Commercial Vehicle Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fuel cell commercial vehicle market report covers the following areas:
This study identifies growing focus toward the development of ethanol-based fuel cell technology as one of the prime reasons driving the fuel cell commercial vehicle market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Fuel Cell Commercial Vehicle Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/
New facility at Kyocera Kokubu Campus will expand R&D speed, capabilities
KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation (President: Hideo Tanimoto, hereafter “Kyocera”) today announced it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan. Kyocera has executed a location agreement with the mayor of Kirishima City for the new R&D center, which will focus on new innovations in the fields of information and communications, environmental preservation, and smart energy.
The Kokubu campus is already an innovation hub and site of three strategic R&D groups: Kyocera’s Monozukuri R&D Laboratory, which focuses on advanced material technologies; its Production Technology Division, focusing on manufacturing process innovation; and its Analysis Center, which develops simulation and evaluation technologies. R&D programs at the campus currently include 5G smartphone technologies, electronic and semiconductor components used in IoT devices, and key components for new smart energy technologies, such as cell stacks for Solid Oxide Fuel Cells (SOFCs). Intellectual property developed there has found a wide range of other applications as well, in the automotive, aerospace, medical and healthcare fields.
Through greater collaboration among these R&D operations, Kyocera will establish a new platform to accelerate development and production efforts, with comprehensive support for manufacturing new products, promoting factory automation, and improving manufacturing efficiencies. Kyocera will position the new facility specifically as an incubator for open innovation, sharing technical information for human resource development, and networking with inventors outside of Kyocera.
Outline of Kyocera’s New R&D Center
Name |
(To be announced) |
Location |
Kyocera’s Kagoshima Kokubu Plant Campus 1450-1 Azadainomaru, Kokubukamikogawa, Kirishima-shi, Kagoshima Prefecture, Japan |
Total investment |
Approximately 10 billion yen (approx. 96 million U.S. dollars) |
Building area |
5,990 m2 steel construction with 5 stories |
Total floor space |
22,902 m2 |
Construction plan |
Construction begins: January 2021 Facility opens: September 2022 |
Main R&D activities |
Development of laminated ceramic capacitors, ceramic packages for electronic devices, cell stacks for SOFCs |
Kyocera Corporation (TOKYO:6971, https://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of industrial and automotive components, semiconductor packages, electronic devices, smart energy systems, printers, copiers, and mobile phones. During the year ended March 31, 2020, the company’s consolidated sales revenue totaled 1.6 trillion yen (approx. US$14.7 billion). Kyocera is ranked #549 on Forbes magazine’s 2020 “Global 2000” list of the world’s largest publicly traded companies.
KYOCERA Corporation (Japan), Corporate Communications
Kenichi Hara, Tel: +81-(0)75-604-3416
Fax: +81-(0)75-604-3516
This email address is being protected from spambots. You need JavaScript enabled to view it.
LONDON--(BUSINESS WIRE)--#GlobalMarineBiotechnologyMarket--The marine biotechnology market is expected to grow by USD 2.5 billion, progressing at a CAGR of over 8% during the forecast period.
Click & Get Free Sample Report in Minutes
The increase in demand for biofuel is one of the major factors propelling market growth. However, factors such as legal and ethical issues associated with marine biotechnology will hamper the market growth.
More details: https://www.technavio.com/report/marine-biotechnology-market-industry-analysis
Marine Biotechnology Market: Geographic Landscape
APAC had the largest market share in the marine biotechnology market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing application of seaweeds will significantly influence marine biotechnology market growth in this region. 31% of the market’s growth will originate from APAC during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Related Reports on Health Care Include:
Global Biotechnology Reagents Market: The biotechnology reagents market size has the potential to grow by USD 37.87 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Farnesene Market: The farnesene market size has the potential to grow by 45.23 K MT during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Companies Covered:
What our reports offer:
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/
Company credits proactive stakeholder outreach, robust COVID-19 mitigation measures and efficient project execution in delivering clean natural gas to key markets ahead of schedule
TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) today announced that it achieved early in-service capacity, and as a result, earlier-than-expected cash flow in the fourth quarter, for key energy infrastructure expansions designed to serve growing demand for clean energy in the United States. The company credits its proactive engagement and open communication with stakeholders throughout the permitting and regulatory process as well as expeditious and COVID-safe project execution for completing major projects ahead of schedule and under budget.
“Now more than ever, the essential natural gas infrastructure projects Williams delivers are critical to the United States’ clean energy future, and we take pride in living up to our long-rooted reputation of doing a good job on time,” said Alan Armstrong, Williams president and chief executive officer. “Thanks to the collaborative efforts our team is taking with landowners, environmental groups, the regulatory community and other stakeholders, we are completing the projects that fuel our daily lives in a timely, safe, cost-conscious and environmentally responsible manner. On top of it all this year, our employees followed strict health safety protocols and adhered to local guidance and mandates in order to complete these critical projects amid the risks of the COVID-19 pandemic.”
The following projects attained early in-service capacity in the fourth quarter:
With the growing urgency to transition to a low-carbon fuel future, Williams and its natural gas-focused strategy provide a practical and immediate path to reduce industry emissions, support the viability of renewables and grow a clean energy economy. As one of the nation’s largest gatherers, processors and transporters of natural gas, Williams plays a critical role in bringing this clean and affordable resource to electric generation, industry and homes.
About Williams
Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use.
MEDIA:
This email address is being protected from spambots. You need JavaScript enabled to view it.
(800) 945-8723
INVESTOR CONTACT:
Danilo Juvane
(918) 573-5075
DUBLIN--(BUSINESS WIRE)--The "Green Power Market by Power Source and End-Use Sector: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global green power market was valued at $41.1 billion in 2019, and is expected to reach $103.5 billion by 2027, registering a CAGR of 12. 3% from 2020 to 2027.
Green energy technologies use natural sources, such as wind, solar, water, waste, biomass, and geothermal, to transform into usable forms of energy such as electricity and mechanical energy. Green power generation does not leave any residue that causes harm to the environment, and is also known as clean energy.
Factors contributing to the growth of the green energy market are volatile nature of fossil fuels and The rise in stringent government regulations for reduction of greenhouses gas emissions. Moreover, the growing market of electric vehicles also contributes to the green power market growth. However, high cost of green energy infrastructure is anticipated to hamper the market growth during the forecast period. On the contrary, The rise in government funding in the green energy sector is expected to offer lucrative growth opportunities.
The green energy market is segmented into power source, end-use sector, and region. Based on power source, the market is divided into wind, solar, low impact hydro, biomass, and others. Based on the end-use sector, the market is categorized into transport, industrial, non-combustible, buildings, and others.
The key players operating in the market are Adani Green Energy Limited, GE Renewable Energy, Green Energy Corp., Iberdrola SA, JinkoSolar Holding Co. Ltd., NextEra Energy, Inc., Orsted A/S, Siemens Gamesa Renewable Energy, Suzlon Energy Limited, and Tata Power. The players in the market have adopted several strategies, such as product launch and business expansion, to sustain the market competition.
Key benefits for stakeholders
Key Players
Key Topics Covered:
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. Cxo Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Patent Analysis
3.5. Value Chain Analysis
3.6. Parent Peer Market Analysis
3.7. Market Dynamics
3.7.1. Drivers
3.7.1.1. Asia-Pacific Region Emerging as Significant Player in Green Energy Market
3.7.1.2. Government Initiatives
3.7.2. Restraint
3.7.2.1. High Manufacturing Cost
3.7.3. Opportunity
3.7.3.1. The Rise in Electric Vehicles Offer Lucrative Growth Opportunities for the Green Energy Market
3.8. Impact of Covid-19 Outbreak on Global Green Power Market
Chapter 4: Green Power Market, by Power Source
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Wind
4.3. Solar
4.4. Low Impact Hydro
4.5. Biomass
4.6. Others
Chapter 5: Green Power Market, by End-Use Sector
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Transport
5.3. Industrial
5.4. Non-Combusted
5.5. Buildings
5.6. Others
Chapter 6: Green Power Market, by Region
6.1. Overview
6.1.1. Market Size and Forecast
Chapter 7: Competitive Landscape
7.1. Introduction
7.1.1. Market Player Positioning, 2019
7.1.2. Top Winning Strategies, 2019
7.1.3. Top Winning Strategies, 2019
7.1.4. Top Winning Strategies, 2019
7.2. Key Developments
7.2.1. Business Expansion
7.2.2. Acquisition
Chapter 8: Company Profiles
8.1. Adani Green Energy Limited
8.2. GE Renewable Energy
8.3. Iberdrola Sa
8.4. Jinkosolar Holding Co. Ltd.
8.5. Nextera Energy, Inc.
8.6. Orsted A/S
8.7. Siemens Gamesa Renewable Energy
8.8. Suzlon Energy Limited
8.9. Tata Power
For more information about this report visit https://www.researchandmarkets.com/r/22jg3x
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
HOUSTON--(BUSINESS WIRE)--BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the “Trust”) (NYSE:SJT), today declared a monthly cash distribution to the holders of its Units of beneficial interest (the “Unit Holders”) of $286,468.03 or $0.006146 per Unit, based primarily upon production during the month of October 2020, subject to certain adjustments by the owner of the Trust’s subject interests, Hilcorp San Juan L.P. (Hilcorp”), for prior months. The distribution is payable January 15, 2021, to Unit Holders of record as of December 31, 2020.
Based upon information provided to the Trust by Hilcorp, gas production for the subject interests totaled 1,440,001 Mcf (1,600,001 MMBtu) for October 2020, as compared to 2,218,752 Mcf (2,465,280 MMBtu) for September 2020. Dividing revenues by production volume yielded an average gas price for October 2020 of $1.52 per Mcf ($1.37 per MMBtu), as compared to an average gas price for September 2020 of $1.87 per Mcf ($1.68 per MMBtu).
Hilcorp has advised the Trust that the October 2020 reporting month included a negative adjustment of $1,119,899 gross ($839,924 net to the Trust) based on true-ups for the April 2018, May 2018, May 2020 and June 2020 production months.
Hilcorp also reported that for the reporting month of October 2020, revenue included an estimated $100,000 for non-operated revenue. For the month ended October 2020, Hilcorp reported to the Trust capital costs of $119,501, lease operating expenses and property taxes of $1,874,153, and severance taxes of $82,531.
Except for historical information contained in this news release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements generally are accompanied by words such as “estimates,” “anticipates,” “could,” “plan,” or other words that convey the uncertainty of future events or outcomes. Forward-looking statements and the business prospects of San Juan Basin Royalty Trust are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, certain information provided to the Trust by Hilcorp, volatility of oil and gas prices, governmental regulation or action, litigation, and uncertainties about estimates of reserves. These and other risks are described in the Trust’s reports and other filings with the Securities and Exchange Commission.
San Juan Basin Royalty Trust
BBVA USA, Trustee
2200 Post Oak Blvd., Floor 18
Houston, TX 77056
website: www.sjbrt.com e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Joshua R. Peterson, Head of Trust Real Assets & Mineral Resources
and Senior Vice President
Kaye Wilke, Investor Relations, toll-free: (866) 809-4553
Nine-megawatt solar array is largest installation in Wisconsin built for a single customer, advances clean energy goals for Dane County and MGE.
MADISON, Wis.--(BUSINESS WIRE)--Today, Dane County Executive Joe Parisi and Madison Gas and Electric (MGE) announced the 9-megawatt (MW) solar array at the Dane County Regional Airport is fully operational and delivering locally generated, sustainable energy to MGE's distribution system. The array will generate enough carbon-free electricity to provide Dane County with about 40% of the energy used by all County-owned facilities. It is the largest solar array in Dane County and the largest installation in Wisconsin built for a single customer.
"MGE appreciates the County's partnership in moving this project forward. It serves as a great example of how, by working together, we can advance shared energy goals, including MGE's goal of net-zero carbon electricity for all our customers by 2050," said MGE Chairman, President and CEO Jeff Keebler. "Travelers through the airport or along nearby Highway 51 will see this large array and know our community is committed to sustainability."
"We are excited to reach completion on this historic, large-scale solar project," said Dane County Executive Joe Parisi. "This solar array brings Dane County one step closer to achieving our commitment to becoming 100% renewable at County-owned facilities. These efforts benefit our environment, the local economy and Dane County taxpayers. We appreciate MGE's partnership on this project and shared commitment to pursuing sustainable energy alternatives."
The solar array consists of about 31,000 solar panels and covers 58 acres of County-owned land north of the airport. Dane County is leasing the land to MGE, and MGE will sell the energy to Dane County. The County's purchase of renewable electricity from this solar project will reduce greenhouse gas emissions in an amount equivalent to the emissions produced by 2,700 cars or the burning of 7,000 tons of coal per year. In the spring, MGE will add pollinator plantings in certain areas of the array under the solar panels to boost pollinator habitat for dwindling monarch and honey bee populations.
Dane County is committed to significantly increasing the amount of its electric load serviced by renewable energy sources to achieve 100% renewable status for County facilities. Dane County currently uses more solar-generated electricity than any other county in the state. In addition to now purchasing 9 MW from the airport solar farm, Dane County generates over 600 kilowatts (kW) of power at 16 County-owned facilities. This solar farm will be the third solar installation at the Dane County Regional Airport.
Renewable Energy Rider grows local, clean energy
MGE's Renewable Energy Rider (RER) enables MGE to partner with a large energy user, like the County, to tailor a renewable energy solution to meet that customer's energy needs. The County entered into an RER agreement with MGE, which was approved by the Public Service Commission of Wisconsin. RER customers are responsible for costs associated with the renewable generation facility and any distribution costs to deliver energy to the customer. The innovative model grows clean energy in our community.
The 30-year service agreement specifies that the County will purchase approximately 18 million kilowatt-hours annually, resulting in first year energy savings of approximately $137,000. There were no upfront capital requirements for Dane County.
MGE targeting net-zero carbon by 2050
MGE is targeting net-zero carbon electricity by the year 2050. MGE's net-zero goal is consistent with the latest climate science from the Intergovernmental Panel on Climate Change (IPCC) October 2018 Special Report on limiting global warming to 1.5 degrees Celsius. The company's pathway also is consistent with the IPCC's carbon reduction pathways. And, consistent with the science, MGE expects to achieve carbon reductions of 65% by 2030.
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 IPCC. If MGE can go further faster in reducing carbon emissions, it will. Visit mge2050.com to learn more.
Drone footage of the solar array can be viewed and downloaded HERE.
About MGE
MGE generates and distributes electricity to 155,000 customers in Dane County, Wis., and purchases and distributes natural gas to 163,000 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.
Scott Adrian
Dane County Outreach Director
608-266-2444 | This email address is being protected from spambots. You need JavaScript enabled to view it.
The company will deliver cybersecurity and networking solutions to multi-site store operators with highly distributed enterprises
ATLANTA--(BUSINESS WIRE)--#cloudsecurity--PDI (http://www.pdisoftware.com), a global provider of leading enterprise software solutions to the convenience retail and petroleum wholesale industries, announced today that it has acquired Cybera Inc. and ControlScan Managed Security Services (MSS); both are leading providers of managed security solutions to protect customers against cybersecurity threats. The acquisition complements PDI’s existing industry-focused cloud product strategy, bringing customers a fully managed, cloud-based network security solution.
“Security is becoming increasingly important in our industry as many businesses embrace their own digital transformation and deploy more in-store applications and edge devices,” said Jimmy Frangis, CEO at PDI. “We are excited to add these industry-leading solutions from Cybera and ControlScan MSS to our portfolio. We look forward to welcoming their teams, and together we can serve our customers’ needs now and in the future.”
In addition to a growing network of mission-critical applications, this industry has seen a surge in IoT data from the proliferation of edge devices such as POS systems, payments, tank gauges, digital displays and self-service kiosks that capture data and serve as a potential threat vector for would-be cyberattacks. Securing those networks and devices, particularly where distributed enterprises have limited IT staff, is critical to ensure customer trust and loyalty to the brands and locations they operate.
With today’s announcement, PDI expands its global reach and enters the cloud security and software-defined wide-area networking (SD-WAN) space, creating a new line of business called PDI Security Solutions. PDI will be providing convenience retailers, quick-service restaurants (QSR) and other multi-site operators with proven technology and expertise to protect their data, applications, systems and customer experience. Cybera and ControlScan MSS have spent years building their domain expertise, and together will combine to bring:
“Combining our innovative solutions, teams and expertise with PDI’s proven offerings and commitment to delivering great customer service is a natural fit. We’re excited to be a part of PDI,” said Andrew Lev, CEO at Cybera.
“We look forward to joining PDI and delivering best-in-class managed security services to businesses around the world. As a unified team, we will protect and defend our customers against today’s most significant cybersecurity threats,” said Mark Carl, CEO at ControlScan.
Jefferies LLC and Raymond James Financial Inc. served as exclusive financial advisors to Cybera and ControlScan respectively in connection with the transaction.
About PDI
Professional Datasolutions, Inc. (PDI) helps convenience retailers and petroleum wholesalers thrive through digital transformation and enterprise software that enables them to grow topline revenue, optimize operations and unify their business across the entire value chain. Over 1,500 customers in more than 200,000 locations worldwide count on our leading ERP, logistics, fuel pricing and marketing cloud solutions to provide insights that increase volume, margin and customer loyalty. PDI owns and operates the Fuel Rewards® loyalty program that is consistently ranked as a top-performing fuel savings program year after year. For more than 35 years, our comprehensive suite of solutions and unmatched expertise have helped customers of any size reimagine their enterprise and deliver exceptional customer experiences. For more information about PDI, visit www.pdisoftware.com.
Cederick Johnson, PDI
+1 254.410.7600 I This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Gas Turbine Market - Analysis By Product Type (Heavy Duty, Aeroderivative), Technology (Combined Cycle, Open Cycle), Application, By Region, By Country (2020 Edition): Market Insight, Covid-I9 Impact, Competition and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global Gas Turbine Market was valued at USD 17,050.05 Million in the year 2019.
The global Gas Turbine market holds lucrative growth opportunities owing to stringent regulatory standards regarding environment conservation, supportive government policies on energy conservation, as well as growing consumer awareness about product quality. The continuous rise in demand of energy in Asia Pacific region is driving the demand of industrial products from last few years. The recent technology promises substantial reduction in maintenance costs, which is why it is received by a significantly large number of buyers hailing from diverse industrial backgrounds.
Owing to low production cost in Asian countries backed with rising industrialization, manufacturers are investing in economies such as India and China which is propelling the market growth. Positive outlook towards power sector, oil & gas sector coupled with rapid industrialization across developed and emerging economies will drive the gas turbine market size. Additionally, expectation of rise in consumer demand and investment by public and private sector in small and medium scale industries will anticipated to drive the market of global gas turbine in future.
The market is also expected to register huge growth in demand post COVID-19 pandemic situation attributable to factors such as lower operating costs, lower emissions, high power density, and quality exhaust stream that can be further used in other processes. As compared to other combustion-based power generation technologies, gas turbines are very efficient and also result in lower carbon emissions.
Heavy duty gas turbine market is anticipated to witness significant growth on account of economic cost structure, high capacity operations and lower pressure ratios to yield maximum specific power. Growing product demand across utility aided and heat recovery power generating plants owing to lower turbine dimensions & cost along with maximum cycle efficiency will further drive the business landscape.
Rising concerns toward GHG emission in line with stringent government norms pertaining to adoption of gas fired turbines over traditional power generating units will further complement the industry landscape. Moreover, increasing energy demand across developing nations along with ongoing adoption of renewables when compared to conventional fuels will strengthen the product integration.
Companies Mentioned
Scope of the Report
Key Topics Covered:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Gas Turbine Market: Product Overview
4. Global Gas turbine Market: Sizing, Growth, Forecast
4.1 Market Size, By Value, Year 2015-2019
4.2 Market Size, By Value, Year 2020-2025
4.3 Impact of COVID-19 on Global Gas Turbine Market
4.4 Global Economic & Industrial Outlook
5. Global Gas Turbine Market Segmentation, By Product Type
5.1 Global Gas Turbine Market: Segment Analysis
5.2 Competitive Scenario of Global Gas Turbine Market: By Product Type (2019 & 2025)
5.3 By Heavy Duty Gas Turbine- Market Size and Forecast (2015-2025)
5.4 By Aeroderivative Gas Turbine- Market Size and Forecast (2015-2025)
6. Global Gas Turbine Market Segmentation, By Technology
6.1 Global Gas Turbine Market: Segment Analysis
6.2 Competitive Scenario of Global Gas Turbine Market: By Technology (2019 & 2025)
6.3 By Combined Cycle Gas Turbine- Market Size and Forecast (2015-2025)
6.4 By Open Cycle Gas Turbine- Market Size and Forecast (2015-2025)
7. Global Gas Turbine Market Segmentation, By Application
7.1 Global Gas Turbine Market: Segment Analysis
7.2 Competitive Scenario of Global Gas Turbine Market: By Application (2019 & 2025)
7.3 By Power- Market Size and Forecast (2015-2025)
7.4 By Oil & Gas- Market Size and Forecast (2015-2025)
7.5 By Others- Market Size and Forecast (2015-2025)
8. Global Gas Turbine Market: Regional Analysis
8.1 Competitive Scenario of Global Gas Turbine Market: By Region (2019 & 2025)
9. Americas Gas Turbine Market: An Analysis
10. Europe Gas Turbine market: An Analysis
11. Asia Pacific Gas Turbine Market: An Analysis
12. MEA Gas Turbine Market: An Analysis
13. Global Gas Turbine Market Dynamics
13.1 Global Gas Turbine Market Drivers
13.1 Global Gas Turbine Market Restraints
13.3 Global Gas Turbine Market Trends
14. Market Attractiveness
14.1 Market Attractiveness Chart of Global Gas Turbine Market - By Product Type (Year 2025)
14.2 Market Attractiveness Chart of Global Gas Turbine Market - By Technology (Year 2025)
14.3 Market Attractiveness Chart of Global Gas Turbine Market - By Application (Year 2025)
14.4 Market Attractiveness Chart of Global Gas Turbine Market - By Region, Year-2025)
15. Competitive Landscape
15.1 Market share of leading Gas Turbine manufacturing companies
15.2 SWOT Analysis
15.3 Porter's Five Force Analysis
16. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/5ten6s
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
LONDON--(BUSINESS WIRE)--#GlobalContainerFleetMarket--The container fleet market is poised to grow by 5.34 TEU during 2020-2024, progressing at a CAGR of over 4% during the forecast period.
Worried about the impact of COVID-19 on your Business? Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.
Get FREE Sample Report in Minutes!
The report on the container fleet market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by growing intermodal freight transportation.
The container fleet market analysis includes Type segment and Geography Landscape. This study identifies the consolidation and alliance formation for cost-saving as one of the prime reasons driving the container fleet market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The container fleet market covers the following areas:
Container Fleet Market Sizing
Container Fleet Market Forecast
Container Fleet Market Analysis
Companies Mentioned
Related Reports on Materials Include:
Global Container Leasing Market: The container leasing market size has the potential to grow by 26.35 million teu during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Global Shipping Container Liners Market: The shipping container liners market size has the potential to grow by USD 174.63 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type by Volume
Customer Landscape
Geographic Landscape by Volume
Vendor Landscape
Vendor Analysis
Appendix
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.technavio.com/
LYMINGTON, United Kingdom--(BUSINESS WIRE)--#ICPC--Beyond the Global Pandemic – The Critical Role of Submarine Cables will be the theme for the forthcoming 2021 first-ever virtual annual plenary meeting organised by the International Cable Protection Committee (ICPC) to be held from 19-20 May 2021.
Not only does the ICPC welcome participation from ICPC Member companies, but non-Members that have a vital interest in the protection of telecommunications and power cables worldwide, are also invited to submit a presentation abstract in response to the ‘Call for Papers’ that address the aforementioned theme. Recommended topics include, but are not limited to the following:
ICPC General Manager This email address is being protected from spambots. You need JavaScript enabled to view it. asserted, ‘Over a live two-day period, Plenary attendees will join a hybrid live and pre-recorded Plenary meeting to learn about some of the most timely and emerging topics and issues in the submarine cable industry. Dynamic panel discussions and presentations will provide lively engagement while participants will also hear from ICPC advisers, working group chairs, and Member and Invited Speaker presentations. Although a virtual event, our industry keeps moving forward, as do we as an organisation. We look forward to the 2021 Plenary and invite the invaluable participation of our Members and broader submarine cable community.‘
The ICPC requests interested presenters to submit abstracts for proposed presentations no later than Friday, 12 February 2021. For enquiries, send an e-mail to: This email address is being protected from spambots. You need JavaScript enabled to view it..
If interested in learning more about the ICPC or if your organisation would like to join, click on the following link.
About the ICPC: The ICPC is the world’s premier submarine cable protection organisation. It was formed in 1958 to promote the protection of international telecommunications and power submarine cables against human and natural hazards. It provides a forum for the exchange of technical, legal, and environmental information about submarine cables and engages with stakeholders and governments globally to promote submarine cable protection. The ICPC has more than 170 Members from over 60 nations, including cable operators, owners, manufacturers, industry service providers, as well as governments. For further information about the ICPC and its events, submarine cables generally, best practices for cable protection, and applicable international law and treaties, visit: https://iscpc.org/ and www.linkedin.com/company/icpc-ltd/.
Ryan Wopschall
+1 541 306 549
This email address is being protected from spambots. You need JavaScript enabled to view it.
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.