Business Wire News

TAIPEI, Taiwan--(BUSINESS WIRE)--#4r--The impacts of the recent COVID-19 pandemic on global trade and our daily lives have led to an acceleration of technological innovations in different sectors. At the same time, our society is transitioning from the era of Big Data towards Hyper Digitization. To help industries prepare for these trends and navigate the post-pandemic world, this year’s Taiwan Innotech Expo (TIE 2020) highlights the latest smart living technologies that can spark new imaginations. Since its transformation into a global trade show, the TIE continues to draw international attention to Taiwan’s strength in R&D and innovation. This year’s event will showcase how Taiwan stays resilient in the face of a global crisis.


Blueprints for a better world can be found in the three thematic pavilions

Scheduled to be held at Hall 1 of the Taipei World Trade Center (TWTC) from September 24 to 26, the TIE 2020 is jointly curated by the following 10 government bodies: the Ministry of Economic Affairs (MOEA), the Ministry of Science and Technology (MOST), the Ministry of Education (MOE), the Ministry of National Defense, the Ministry of Health and Welfare (MOHW), the Ministry of Labor, the Council of Agriculture, the National Development Council, the Environmental Protection Administration, and Academia Sinica.

With “Resilient Taiwan, Smarter Future” as the overarching concept, the event organizers have built three thematic pavilions: Pioneering Inventions, Future Technologies, and Sustainable Development. More than 1,000 products, concepts, and patented technologies will be on display during the three-day trade show. Exhibitions, keynote presentations, and seminars will be live-streamed for international audiences. Guided thematic tours of the exhibitions will take place both physically and online. Other parts of the event such as intellectual property (IP) consultations and one-on-one meetings with suppliers will also be remotely accessible via the Internet.

The TIE has been demonstrating the R&D strength of Taiwan’s private enterprises, government agencies, academic institutions, and research entities. Taking advantage of its position in the region and its local capability for innovation, Taiwan is pursuing a New Southbound Policy and deepening its ties with the US, Europe, and Japan. The long-term goal is to turn the island to an international IP hub and promote home-grown technologies.

The Pioneering Inventions pavilion heralds the arrival of Hyper Digitization

The Pioneering Inventions pavilion will be displaying 105 technological solutions that could be adopted by industries within the next five years. The pavilion is divided into four subsections: hyper-automation, the Internet of Everything, physical-virtual integration, and new healthcare technologies. The solutions shown here are presented in a way that highlights their respective roles in the fields of national defense, disaster prevention, future mobility, and epidemic response. Additionally, the pavilion features immersive exhibitions on service robots, interactive VR experience, smart gym, etc.

The Sustainability Development pavilion offers an exploration of humanity’s future

In keeping with the principle of the 4Rs (redesign, recovery, reduce, and reuse/recycle), the exhibitions at the Sustainability Development pavilion will be showing technologies that may be used to build green homes in the next 20 years. This year’s TIE wants to present a technological ecology that helps realize a circular economy. To that end, exhibitions here reflect the following four topics that will increasingly affect our lives in the future: modern agriculture, green energy technologies, circular economy, and workplace safety. Furthermore, TIE has invited members of the European agricultural sector to share their technologies and professional experience at the Sustainable Development pavilion. They will also attend seminars to discuss joint marketing initiatives and strategic cooperation.

The Future Technologies pavilion opens a new horizon in R&D

Technological advances have a major influence on how we live in the future and can shape the world in ways that we have never imagined. Hence, the Future Technologies pavilion will be showing R&D results that could set the directions of the technology sectors in the next 3-10 years. In curating this pavilion, the MOST has amassed considerable resources and invited Academic Sinica, the MOE, and MOHW to assist in its efforts. Exhibits are centered on precision healthcare, optoelectronics, new materials, AI, and AIoT. They emphasize Taiwan’s advantages in the development of leading-edge technologies and their innovative applications. As part of the COVID-19 response, many of the displays here will be made viewable online.

The International Section breaks new grounds for the expo

The pandemic has led to the cancellation and postponement of trade shows around the world, but this is not the case for TIE 2020. The event will gather 69 exhibitors from 18 countries, including Corning, Cisco, Microsoft, Logitech, Siemens, Nissan, and the National Science and Technology Development Agency of Thailand. These international exhibitors will be displaying 123 technological solutions related to information security, Industry 4.0, robotics, biotechnology, energy, and agriculture.

Don’t miss IPBC Taiwan that will be held during the event

The Industry Development Bureau under the MOEA and the Industrial Technology Research Institute have joined forces with IAM (Intellectual Asset Management) to hold a virtual forum IPBC Taiwan in the morning of September 25. This forum will be themed with the value of intangible assets and technology transfers. Hitachi, Uber, and MediaTek are among the global IP leaders that will be joining the online discussions and sharing their strategies. The forum will be broadcasted within the venue of the TIE 2020, on the main stage in Area C of TWTC Hall 1 and can be followed through live stream. All are welcomed to participate.

Event Details
Taiwan Innotech Expo
Date: Thursday, September 24th to Saturday, September 26th, 2020
Venue: Taipei World Trade Center Exhibition Hall 1, Ground Level
Website: https://tie.twtm.com.tw/


Contacts

Media
Ms. Mavis Chuang
Tel: 886-03-591-7862
This email address is being protected from spambots. You need JavaScript enabled to view it.

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Today BCR announced that Naval Air Station Jacksonville has upgraded its existing CleanB® technology to further reduce energy consumption to zero while converting wastewater sludge to Class B biosolids. This was accomplished through installing and integrating a Solar Power System that produces more than enough power to run the CleanB® system. Traditional digester systems make up a significant percentage of a WWTP’s energy usage with annual electrical costs ranging from $50,000 to $150,000 or more per year. This new solar power system can eliminate that cost in its entirety for WWTPs that use the CleanB® system powered by solar.

“Our CleanB® system has already proven itself to be a leader in energy savings for our customers,” explained Joshua Scott, CEO for BCR. “With the solar powered option, customers can now eliminate electrical power costs while creating EPA Class B biosolids. Reducing energy usage not only saves our customers operating costs, but also reduces the carbon footprint associated with responsible disposition of wastewater sludge. We see a growing number of wastewater facilities across North America that are looking for ways to reduce their carbon footprint. We’ve seen an uptick in demand for BCR’s CleanB systems with the solar powered option.”

The CleanB system in Naval Air Station Jacksonville has delivered numerous annualized benefits including a $75,000 reduction in energy costs, a reduction of 500 tons of greenhouse gas emissions, a decrease of 71% in polymer consumption, and an additional savings of $30,000 due to improved dewatering. In addition, the reduced odor Class B biosolids eliminate landfill costs and produce a soil-like product that is used as an organic fertilizer for beneficial reuse.

About BCR:

BCR partners with municipal leaders and the engineers who research, evaluate, specify and procure biosolids treatment technology. BCR provides mobile CleanB® units that can process up to 270 gallons of waste activated sludge per minute and can drive from site to site. BCR also provides full-scale permanent installations of the CleanB® system. Eleven permanent CleanB® system installations include city and county wastewater treatment plants in the US, including a US Naval Air Station installation.

Learn more at www.bcrinc.com or by contacting the company: This email address is being protected from spambots. You need JavaScript enabled to view it..


Contacts

Marilyn Franklin
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WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (“Global”) today announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $350 million in aggregate principal amount of senior unsecured notes due 2029 (the “Senior Notes”). The Senior Notes will be co-issued by GLP Finance Corp. and guaranteed by certain other subsidiaries of Global. Global intends to use the net proceeds from the offering of the Senior Notes to fund the redemption of its 7.00% senior notes due 2023 (the “2023 Notes”) and to repay a portion of the borrowings outstanding under its credit agreement. On September 23, 2020, Global delivered a conditional notice of redemption, subject to consummation of the offering of the Senior Notes, for all of the outstanding 2023 Notes. The redemption price for the 2023 Senior Notes is 101.750% of the principal amount of the 2023 Notes redeemed, plus accrued and unpaid interest to the redemption date of October 23, 2020.


The Senior Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance upon Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and non-U.S. persons in transactions outside the United States in reliance upon Regulation S under the Securities Act.

The Senior Notes have not been registered under the Securities Act or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws.

This announcement shall not constitute an offer to sell, or the solicitation of an offer to buy, the Senior Notes, nor shall there be any sale of the Senior Notes in any state in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

About Global Partners LP

With approximately 1,550 locations primarily in the Northeast, Global is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada.

Forward-Looking Statements

Certain statements and information in this press release may constitute “forward-looking statements,” including statements regarding the intended use of proceeds. The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on Global’s current expectations and beliefs concerning future developments and their potential effect on Global. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Global will be those that it anticipates. Forward-looking statements involve significant risks and uncertainties (some of which are beyond Global’s control) including, without limitation, the impact and duration of the COVID-19 pandemic, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products Global sells and the services Global provides, uncertainty around the impact of the COVID-19 pandemic to Global’s counterparties and its customers and their corresponding ability to perform their obligations and/or utilize the products Global sells and services it provides, uncertainty around the impact and duration of federal, state and municipal regulations related to the COVID-19 pandemic, and assumptions that could cause actual results to differ materially from Global’s historical experience and present expectations or projections.

For additional information regarding known material factors that could cause actual results to differ from Global’s projected results, please see Global’s filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Global undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.


Contacts

Global Partners LP
Daphne H. Foster, (781) 894-8800
Chief Financial Officer

or

Edward J. Faneuil, (781) 894-8800
Executive Vice President,
General Counsel and Secretary

Independent judging panel recognizes Blackline innovation in Internet of Things and Industrial Hygiene – Gas Monitors categories


CALGARY, Alberta--(BUSINESS WIRE)--Blackline Safety Corp. (TSX.V: BLN), a global leader of gas detection and cloud-connected safety solutions, was honored by Occupational Health & Safety (OH&S) Magazine with two New Product of the Year awards for its Industrial Contact Tracing solutions and G7 cloud-connected gas monitor with the NevadaNano MPSTM Flammable Gas Sensor. This recognition marks a total of 11 OH&S New Product of the Year awards honoring Blackline products over the last seven years.

“OH&S has been celebrating innovation and products optimized to keep workers safe for over 10 years. This year, safety products and services are being recognized on a global scale, bringing greater awareness to the important work completed by manufacturers in the industry,” OH&S Editor Sydny Shepard said. “This year we are recognizing outstanding products in 26 award categories, including a new category for products created to protect against infectious diseases. Now more than ever, it is of the utmost importance to keep workers and employees safe from emerging and existing workplace hazards.”

Blackline’s suite of Industrial Contact Tracing solutions was named the winner in the Internet of Things category. Equipped with G7 connected wearables, cloud-hosted software and data analytics, customers benefit from efficient tools that proactively assess social distancing effectiveness and trace potential person-to-person contact, should an employee test positive for COVID-19 or present with symptoms. Blackline’s Industrial Contact Tracing solutions fill a gap where many industrial businesses cannot allow employees to bring smartphones onto worksites due to lack of intrinsic safety certification.

“To be recognized once again by OH&S Magazine’s panel of independent judges this year is an honor,” said Sean Stinson, VP Sales and Product Management for Blackline Safety. “On top of the many safety challenges industrial businesses face each day, COVID-19 introduced a new set of obstacles that threatened worker health and safety, plus the production and delivery of essential goods and services. We take our commitment to safety seriously and are proud to have helped our customers and essential businesses around the world ensure their employees make it home safe and healthy at the end of every day.”

In June 2020, Blackline announced a partnership with NevadaNano, a developer and manufacturer of micro-electro-mechanical systems (MEMS)-based gas sensors, and the launch of the revolutionary MPSTM Flammable Gas Sensor as part of the G7 cloud-connected product line. G7 wearables combined with the MPS sensor won an OH&S New Product award in the category of Industrial Hygiene – Gas Monitors. Together, they provide an accurate, linear response for the lower explosive limit (LEL) of the most common explosive gases and gas mixtures, including hydrogen. G7 wearables location-enable every LEL gas reading, automatically reporting measurements to the Blackline Safety Cloud. The MPS sensor incorporates technology that places all LEL readings into one of six classifications based on the types of gases detected. Within Blackline Analytics, a new MPS report unlocks insights that enable businesses to identify abnormalities and further leverage data to improve safety and productivity.

To learn about Blackline Safety and its portfolio of connected safety solutions, visit www.blacklinesafety.com and follow on social media @blacklinesafety.

About Blackline Safety: Blackline Safety is a global connected safety leader that helps to ensure every worker gets their job done and returns home safe each day. Blackline provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of men and women, having reported over 100 billion data-points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, we ensure that help is never too far away. For more information, visit BlacklineSafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Contacts

MEDIA
Heather Houston
This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: +1 904 398 5222
Cell phone: +1 386 216 9472

LONDON--(BUSINESS WIRE)--#apac--The Oil and Gas Quality Assurance and Quality Control market will register an incremental spend of about $2 billion, growing at a CAGR of 24.57% during the five-year forecast period. A targeted strategic approach to Oil and Gas Quality Assurance and Quality Control sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages



Key benefits to buy this report:

  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints on category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?

Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment

SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Oil and Gas Quality Assurance and Quality Control market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

Insights into buyer strategies and tactical negotiation levers:

Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for Oil and Gas Quality Assurance and Quality Control market. The report also aids buyers with relevant Oil and Gas Quality Assurance and Quality Control pricing levels, pros and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfil their category objectives.

For more insights on buyer strategies and tactical negotiation levers Click Here

To access the definite purchasing guide on the Oil and Gas Quality Assurance and Quality Control that answers all your key questions on price trends and analysis:

  • Am I paying/getting the right prices? Is my Oil and Gas Quality Assurance and Quality Control TCO (total cost of ownership) favorable?
  • How is the price forecast expected to change? What is driving the current and future price changes?
  • Which pricing models offer the most rewarding opportunities?

To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free.

Some of the top Oil and Gas Quality Assurance and Quality Control suppliers listed in this report:

This Oil and Gas Quality Assurance and Quality Control procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • SGS SA
  • Capgemini SE
  • Cognizant Technology Solutions Corp.
  • HCL Technologies Ltd.
  • International Business Machines Corp.
  • Infosys Ltd.
  • Cosasco
  • MasterControl Inc.
  • Accenture Plc
  • Cisco Systems Inc.

This procurement report helps buyers identify and shortlist the most suitable suppliers for their Oil and Gas Quality Assurance and Quality Control requirements by answering the following questions:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the Oil and Gas Quality Assurance and Quality Control category essentials in terms of SLAs and RFx?

Get access to regular sourcing and procurement insights to our digital procurement platform- Contact Us.

Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo


Contacts

SpendEdge
Anirban Choudhury
Marketing Manager
US: +1 630 984 7340
UK: +44 148 459 9299
https://www.spendedge.com/contact-us

Accelerated growth and the integration of distributed energy resources will continue to transform the power and utility industry

WASHINGTON--(BUSINESS WIRE)--As distributed energy resources (DER) assets continue to grow in number and installed capacity, energy providers must accelerate the transformation of business models and the way they engage with customers to become orchestrators of a network of integrated DER platforms. According to a new white paper from Guidehouse’s Energy, Sustainability, and Infrastructure (ES&I) segment, integrated DER, or iDER, is one of seven emerging energy platforms identified in the Energy Cloud 4.0 vision of a more sustainable, highly digitized, decentralized, and dynamic energy system.


As Guidehouse notes, under an accelerated scenario, iDER could account for at least half of all new generation capacity by 2030. To achieve this, a fundamental rethink of strategy and planning, as well as organization and system operations that embrace DER networks and their underlying technologies, will be needed. In doing so, iDER is expected to enable a more successful transformation and an energy system better attuned to evolving demand and customer needs.

“The shift away from centralized generation requires integration platforms that can aggregate, organize, optimize, schedule, and settle rapid-fire transactions that are necessary to keep the grid in balance,” says Dan Hahn, leader of Guidehouse’s Energy Providers practice. “Nurtured by technology, artificial intelligence (AI), and machine-learning algorithms, iDER solutions may serve specific stakeholders, but they’re also aimed at a common purpose: supporting a sustainable, reliable, affordable, and customer-centric energy system.”

For utilities and other stakeholders, this represents a platform for innovative business models, leveraging network orchestration and enabling more ambitious value creation in tomorrow’s energy system.

“The only way to meet the sustainability, affordability, and decarbonization goals set forth by public and private sectors is to reinvent utilities and allow for better orchestration of flexible loads, generators, and energy storage to deliver value across the entire Energy Cloud ecosystem,” says Peter Asmus, research director at Guidehouse Insights. “Stakeholders that move now to embrace iDER will be better prepared to reap the rewards sooner.”

According to the white paper, achieving true iDER will include a combination of market reforms linked to technology advances and reimagined relationships among utilities, suppliers, and consumers to create an environment where win-win scenarios can play out across the DER ecosystem, not as exceptions, but as standard practice.

“Utilities and other stakeholders need to take a lead role in this emerging Energy Cloud ecosystem to maximize shared value from DER integration, enabling industry transformation to be sustained across the entire value chain,” says Mackinnon Lawrence, director in Guidehouse’s ES&I segment.

To learn more about iDER, download Guidehouse’s latest white paper, Integrated DER: Orchestrating the Grid’s Last Mile, and join the social media conversation through #FutureUtility.

About Guidehouse’s Energy, Sustainability, and Infrastructure Segment
With more than 700 consultants, Guidehouse’s global Energy, Sustainability, and Infrastructure segment is the strongest in the industry. We are the go-to partner for leaders creating sustainable, resilient communities and infrastructure, serving as trusted advisors to utilities and energy companies, large corporations, investors, NGOs, and the public sector. We’ve solved big challenges with the world’s 60 largest electric, water, and gas utilities; the 20 largest independent power generators; five of the 10 largest oil and gas majors; the 20 largest gas distribution and pipeline companies; European governments; and the U.S. federal government’s civilian agencies involved in the country’s land, resources, and infrastructure. We combine our passion, expertise, and industry relationships to forge a resilient path toward sustainability for our clients. We turn vision into action by leading and de-risking the execution of big ideas and driving outcomes for our clients that enable them to reach their ambitions through transformation.

About Guidehouse
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation, and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington, D.C., the company has more than 7,000 professionals in more than 50 locations. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.


Contacts

Lindsay Funicello-Paul
Guidehouse
781.270.8456
This email address is being protected from spambots. You need JavaScript enabled to view it.

LONDON--(BUSINESS WIRE)--#apac--The Aviation Fuel procurement market will register an incremental spend of about $ 19 billion, growing at a CAGR of 2.07 % from 2020-2024. A targeted strategic approach to Aviation Fuel market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages



Key benefits to buy this report:

  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints on category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?

Information on Latest Trends and Supply Chain Market Information Knowledge center on COVID-19 impact assessment

  • SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges.
  • Our Aviation Fuel procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation.

Aviation Fuel Procurement: Strategies and Category Management

This report provides comprehensive inputs on streamlining your Aviation Fuel category management practices. Subscibe Now for detailed answers on:

  • What should be my strategic sourcing objectives, activities, and enablers for Aviation Fuel category?
  • Which negotiation levers can I pull for cost-saving?
  • What are Aviation Fuel procurement best practices I should be promoting in my supply chain

SPEND GROWTH AND DEMAND SEGEMENTATION

  • The Aviation Fuel market will register an incremental spend of about $ 19 billion, growing at a CAGR of 2.07% from 2020-2024
  • On the supply side, North America, South America, Europe, Middle East and Africa, and APAC will have the maximum influence owing to the supplier base.

The drivers and inhibitors that influence these global and regional outlooks are also elaborated in detail. Request for a FREE sample to access our in-depth growth decomposition analysis:

  • Is this growth cyclical?
  • When will the growth curve peak?
  • What is driving the growth (or lack of it) in individual geographies?
  • Which geographies hold the most rewarding opportunities for buyers and suppliers?

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Some of the top Aviation Fuel suppliers enlisted in this report

This Aviation Fuel procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • ExxonMobil Corp.
  • BP Plc
  • Royal Dutch Shell
  • Chevron Corp.
  • Total SA
  • Valero Marketing and Supply Co.
  • China Petrochemical Corp.
  • Gazprom Neft PJSC
  • Kuwait Petroleum Corp.
  • Indian Oil Corporation Ltd.

This procurement report answers the following questions to help buyers identify and shortlist the most suitable suppliers for their Aviation Fuel requirements:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the Aviation Fuel category essentials in terms of SLAs and RFx?

Get access to regular sourcing and procurement insights to our digital procurement platform- Activate Free subscription.

Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

To know more https://www.spendedge.com/request-for-demo?


Contacts

SpendEdge
Anirban Choudhury
Marketing Manager
US: +1 630 984 7340
UK: +44 148 459 9299
https://www.spendedge.com/contact-us

New nationwide industrial model fueled by seismic changes in consumer consumption habits

DENVER--(BUSINESS WIRE)--Broe Real Estate Group (“BREG”) named Sean Fitzsimmons as Senior Vice President for the East Region of its expanded industrial development group and elevated Dean Brown to Senior Vice President for the West Region. BREG’s expanded industrial development model corresponds with an unprecedented increase in demand for industrial space in the United States, driven by double digit ecommerce sales growth and the rising need to house expanded domestic supply chains. With one billion square feet of increased industrial market demand projected by 2025, industrial real estate demand is at an all-time high.


BREG’s Industrial Development business leverages the combined industry expertise of BREG and its affiliate railroad operating company OmniTRAX. BREG is a fully integrated, multi-billion dollar real estate investment management platform with extensive acquisition, development and property management capabilities derived from four decades of projects in the office, multifamily, retail, industrial, and land development sectors across the United States. OmniTRAX is a billion-dollar transportation company with operations that span North America. BREG and OmniTRAX are affiliates of The Broe Group. Founded in 1972, The Broe Group and its affiliates form a privately-owned, multi-billion-dollar value investment group with diversified holdings in 37 North American states and provinces concentrated in four key sectors: real estate, rail, energy and health tech.

BREG’s expanded national industrial development team, headed by Executive Vice President Reagan Shanley, is the nation’s leading full-service industrial real estate and railroad service provider with the ability to offer end-to-end transportation logistics solutions.

“The increased demand for industrial logistics facilities is driven by population and consumption growth, increased ecommerce sales, inventory buildup and re-shoring. Companies are seeking more efficient logistics facilities that provide operational advantages and cost savings,” noted Shanley. “With decades of in-house real estate, rail and logistics expertise, Broe Real Estate and OmniTRAX are uniquely positioned to deliver industrial logistics solutions for our customers throughout the US.”

Fitzsimmons has more than two decades of industrial development and brokerage experience with successful big box projects throughout the top east coast industrial markets, including prior developments in Savannah. In his new role, Fitzsimmons will be located in Savannah and Atlanta, and will lead the East Region including the Savannah Gateway Industrial Hub, a 2,600 master planned industrial park. This development features dual rail service from CSX and Norfolk Southern, as well proximity to the Port of Savannah, which continues its streak as the fastest-growing port in the United States. Savannah Gateway will complete its first building at 998,440 SF and welcome its first tenant, A&R Logistics, this fall.

Brown, who joined BREG in 2018 as the Vice President of Industrial, assumes expanded responsibilities for the industrial team’s West Region. With 22 years of experience in the west coast industrial market, Brown brings deep market knowledge and relationships to BREG. Brown is based in Denver and leads the West Region- including Great Western Industrial Park a 3,000 acre dual rail served Industrial, retail/commercial and residential development located in Windsor, Colo.

BREG’s expanded operations support growing demand and its expanded Northeast, Midwest and Southeast assets and rail served industrial parks spanning from Colorado to Texas and Georgia. The national industrial model enables BREG to further scale its successful private development and public private partnerships.

About Broe Real Estate Group

Broe Real Estate Group, an affiliate of The Broe Group, acquires, develops and manages commercial real estate assets. Affiliated companies own and manage office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. The Broe Group has a 40-year history of value-add real estate investing in Northern Colorado and across the United States. We improve value though the implementation of focused business plans that increase cash flow and create stable income streams. Additional information is available at broerealestate.com.

About The Broe Group

Based in Denver, The Broe Group and its affiliates form a privately-owned, multi-billion-dollar real estate, transportation, energy and investment organization with assets owned and managed across North America. Together, Broe managed companies employ more than 1,000 people and provide employment for thousands of others through operations such as its Great Western Industrial Park in Northern Colorado. Its transportation affiliate, OmniTRAX, Inc., is one of the fastest growing railroads in North America specializing in: management services, railroad and port services, intermodal solutions and industrial switching operations. Its energy affiliates include Great Western Petroleum, the largest private operator in the third most prolific U.S. basin. Broe Real Estate Group acquires, develops and manages office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. The Broe Group also has multiple investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. Learn more at broe.com.


Contacts

Ronald Margulis
RAM Communications
+1 908.272.3930
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Innovative model brings predictable energy costs during economic crisis

ROCKVILLE, Md.--(BUSINESS WIRE)--#Allegany--Community solar opens the benefits of solar to anyone who receives an electric bill, including lower-income residents, businesses, municipalities, schools and non-profits. In addition, its cost competitiveness and ability to expand into new markets is driving investments in Maryland communities at a time when they are greatly needed.


Community solar is distinctive for its simplicity and flexibility – it allows utility customers who are unable to access the benefits of onsite solar otherwise the option to purchase renewable energy from a local community solar project.

“Allegany County is proud to have an innovative energy project that brings investment as well as long term tax revenue to the local economy for years to come,” said Jake Shade, President of the Allegany County Board of Commissioners.

Standard Solar, Inc., a leading solar energy company specializing in the development, funding and operations of solar electric systems nationwide, is bringing more than 8,000,000 kWh of annual energy supply to Maryland community solar subscribers, in partnership with Ogos Energy LLC, Earth and Air Technologies and Neighborhood Sun.

The two projects, a combined 5.5 megawatts (MW), are expected to provide savings and clean power to approximately 800 Maryland households as subscribers.

“Community solar is an effective way to provide large numbers of subscribers access to the benefits of clean energy,” said John Finnerty, Director of Business Development, Standard Solar. “Community solar projects engage a community, starting with ratepayers interested in savings and clean energy, a land owner to provide or host the site, a servicing utility to approve the grid interconnection, efficient state regulators providing consumer protections and grants and a team of solar project engineers and system operators. Collectively, the community wins and ratepayers save. We’re particularly excited to own and operate these projects in our home state of Maryland where we’ve funded more than 35 MW of clean energy in the state.”

“These projects will bring direct financial benefits to hundreds of residents of western Maryland while also cleaning our air and helping fight climate change,” noted Gary Skulnik, CEO of Neighborhood Sun. “Together with Standard Solar and the others involved in the projects, we’re proud to be helping improve life in our home state.”

Standard Solar financed and will own and operate the community solar farms. The Flintstone Community Solar project, located in Allegany County Maryland, and the Shepherd’s Mill Community Solar project in Carroll County Maryland are both under construction and are actively being subscribed.

The projects received grant funding from the Maryland Energy Administration’s (MEA) FY20 Community Solar LMI PPA Incentive Grant Program (LMI-PPA Program) designed to help extend the benefits of community solar projects to members of the Low and Moderate Income (LMI) community. LMI subscribers are guaranteed additional discounts on the community solar portion of their electric bill. All other residential customers are guaranteed to save 10% annually by switching to community solar power.

For more information on these projects and to sign up for community solar in Maryland visit: https://neighborhoodsun.solar/pefe/

These projects in Maryland – and more in the state that are currently approved for design and in-construction – join Standard Solar’s 150+ MW of community solar projects funded and operating with partners around the United States.

About Standard Solar

Standard Solar, Inc. is a leading solar energy company specializing in the development and financing of solar electric systems nationwide. Dedicated to making Distributed Generation (DG) solar more accessible to businesses, institutions, governments and utilities, the company is forging the path for clean, renewable energy development through turnkey solutions. With more than 100 megawatts installed, financed and maintained, Standard Solar is one of the most trusted and respected solar companies in the US. Owned by Énergir, a leading energy provider with more than $5.8 billion US in assets, Standard Solar operates nationally and is headquartered in Rockville, Md. For more information, please visit www.standardsolar.com

About OGOS Energy

OGOS Energy LLC is a Maryland-based renewable energy development company that focuses on "community scale" solar electricity generating projects. Its mission is to accelerate the development of reliable and cost-effective renewable energy generation assets serving the mid-Atlantic region in order to meet demand, contribute to sustainability of the environment, create beneficial regional economic activity, and reward its investors. The company has originated more than 6 megawatts of ground-mounted solar projects that are in operation and/or under construction and has an additional project pipeline exceeding 25 megawatts. Ogos is a certified Minority Business Enterprise (MBE) co-founded by its CEO Michael G. Miller and Advisory Board Chairman, Lt. General Joe N. Ballard, U.S. Army (Retired). For more information, please visit http://www.ogosenergy.com.

About Earth and Air Technologies

Earth and Air Technologies, LLC is a veteran owned small business headquartered in Westminster Maryland. With over a decade of experience and over 30 megawatts of renewable energy systems developed, installed, operated and maintained, we bring the unparalleled capabilities of installing a small battery back-up system for a home to full scale utility photovoltaic (PV) solar system installation. Earth and Air is a certified Subscriber Organization in the state of Maryland with a staff of certified PV installers with the North American Board of Certified Energy Practitioners (NABCEP), Master Electricians and various equipment manufacturer’s installation and service certifications. For more information, please visit http://www.earthandairtech.com.

About Neighborhood Sun

Neighborhood Sun is a Maryland-based B Corp that is a leader in community solar customer acquisition and management. The company has fully subscribed five projects with several thousand customers that are part of its program. It is the highest ranked B Corp among all community solar companies because of its commitment to transparency, good governance, and the community it serves. With its newly released Sun Engine ™ platform, it now offers solar developers a top quality software service to manage their portfolios of projects and customers. For more information please go to NeighborhoodSun.Solar


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Prolific artists Mason Rothschild and Annie Sperling, in collaboration with Refik Anadol, will premiere their first-of-its-kind installation. Critically acclaimed opera director Peter Sellars will debut a section of his latest opera. Dame Helen Mirren to open The Blue Hour with a special recorded message for AltaSea.

LOS ANGELES--(BUSINESS WIRE)--AltaSea at the Port of Los Angeles announced their plans to cap off The Blue Hour, their first-ever drive-in experience, with a one-night only commissioned art installation by artists Mason Rothschild and Annie Sperling, in collaboration with world-renowned artist, Refik Anadol. Critically acclaimed opera director Peter Sellars is slated debut a section of his production of Mozart’s Idomeneo. The event – with a maximum attendance of 240 cars – will take place on October 10, 2020 from 6:00-8:30 PM PDT in the parking area next to the USS Iowa, a retired battleship-turned-museum moored on the San Pedro waterfront.


“The entertainment industry is one of the most powerful industries in the world, and when they speak out on an issue, people pay attention and listen,” said AltaSea CEO Tim McOsker. “These world-class artists, through their different mediums, will help amplify the important message that our oceans need our attention.”

The art installation will be projected onto the USS Iowa, the famous retired battleship residing in San Pedro, using technology called projection mapping, which will transform the retired battleship into a dynamic, interactive visual display. The installation, designed in totality by Sperling and Rothschild, will take viewers back through time to explore the evolution of ocean exploration.

Annie Sperling, an artist and set designer, has an extensive portfolio, spanning music videos, commercial and fine art projects, and commissioned murals. Sperling has served as production designer for many projects, working with global music stars Billie Eilish and Miley Cyrus, and world-renowned artists David LaChapelle and Ellen Von Unwerth.

Mason Rothschild is a multi-sensory installation artist, stage designer and inventor. The founder and creative director of Discordian Design, Rothschild has worked with many global brands, including Netflix, Buzzfeed, and TikTok.

Rothschild and Sperling, both veterans in the entertainment industry, used their time during the stay-at-home orders to explore new ways to talk about the importance of the ocean conservation. They have formed a new enterprise, BLUE MRKT, which aims to further these ideas, employing tactics from music, film, and pop stardom worlds to benefit ecological conservation.

“Annie and I were getting together on Zoom during the months of quarantine to brainstorm ideas, and one email from AltaSea transformed these brainstorm sessions into an installation that we’re excited to share with the world,” said Rothschild. “We’ve both worked with some pretty big names, but none as big as the ocean. We wanted to give the ‘popstar treatment’ to ecology.”

Refik Anadol, an award-winning Turkish media artist, director, and pioneer in the aesthetics of machine intelligence, is collaborating with Sperling and Rothschild for the installation. His work is known for expanding the possibilities of architecture by embedding media arts, and locating creativity at the intersection of humans and machines. Anadol, founder of Refik Anadol Studio, currently resides in Los Angeles and is a lecturer and visiting researcher at UCLA’s Department of Design Media Arts.

Award-winning opera director Peter Sellars will premiere a section of his latest opera – a production of prolific composer Wolfgang Amadeus Mozart’s Idomeneo. This critically acclaimed production of Mozart’s opera opened the 2019 Salzburg Festival in Austria, and AltaSea’s event will serve as the US debut of Sellars’ production. The Los Angeles Times praised Sellars’ “new progressive approach to opera as an agent for societal transformation and environmental activism that goes far beyond the usual directorial updating of opera beloved in Europe, too often for little more than show-business pizzazz.”1

Sellars has gained international fame for his groundbreaking and transformative interpretations of artistic masterpieces, along with his unique collaborations on projects with a wide range of creative artists. Sellars is actively involved with growing the next generation of artists in his role as professor at UCLA’s Department of World Arts and Cultures/Dance.

Idomeneo gives us a chance to examine ourselves and our relationship with the ocean,” said Sellars. “The United States premiere of Idomeneo, one of Mozart’s most brilliant works and one of my favorite projects, is going to be a really, really special moment.”

Dame Helen Mirren is slated to open The Blue Hour with a special recorded message for AltaSea. The Academy Award winner and five-time Screen Actor Guild Award-winning actress is one of the best known and most respected actresses with an international career that spans stage, screen and television. She has won many awards for her powerful and versatile performances, including the Academy Award in 2007 for her performance in The Queen.

“Los Angeles is well known for two things – entertainment and the beautiful Pacific Ocean,” said McOsker. “And this experience is what AltaSea is all about: becoming a global beacon for economic recovery and growth by blending the Blue Economy with the creative economy.”

Tickets and more information on the event can be found at https://altasea-project-blue.org/project-blue-presents-2/.

About AltaSea at the Port of Los Angeles

AltaSea at the Port of Los Angeles is dedicated to accelerating scientific collaboration, advancing an emerging blue economy through business innovation and job creation, and inspiring the next generation, all for a more sustainable, just, and equitable world.

For more information on AltaSea, please see our website: https://altasea.org.

1 https://www.latimes.com/entertainment-arts/story/2019-08-22/peter-sellars-idomeneo-salzburg-yuval-sharon-lohengrin-bayreuth

 


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Jacob Scott
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Tenth annual recognition event just one of many ways Exelon encourages D&I practices

CHICAGO--(BUSINESS WIRE)--As part of its continued commitment to diversity, equity and inclusion (DE&I), Exelon named 30 companies to its 2020 D&I Honor Roll, which recognizes partners in banking, insurance, IT, legal, professional services and investments for their work to include women and people of color in key roles on Exelon’s account teams, as well as additional efforts that recognize the value of D&I. Exelon also continually improves its own diversity, equity and inclusion programs, and this year added Exelon Investments and Legal as part of the combined D&I Partnership Program, recognizing a broader scope of firms that support diversity in their day-to-day interactions with Exelon.


“Companies with a diverse workforce are stronger, more agile, and more innovative because of the variety of experiences and viewpoints people bring to the table,” said Bridget Reidy, Exelon’s executive vice president of Corporate Operations. “While diversity, inclusion, and equity are good for business, it is a moral imperative that we reaffirm and recommit ourselves to these values in the wake of recent events. That commitment extends to our business partners, and it’s important to recognize and encourage progress while creating a forum to share best practices and learn from one another.”

This year’s honorees are:

  • Banking: CIBC, Sumitomo, Northern Trust, Morgan Stanley, Goldman Sachs, MUFG, Mizuho, Citibank, and JP Morgan
  • Insurance: Beecher Carlson, Marsh, and Aon
  • Legal: Jenner & Block, Morgan Lewis & Bockius, Blank Rome, and Reed Smith
  • Professional Services: PricewaterhouseCoopers, Willis Towers Watson, Deloitte, Ernst & Young, and Duff & Phelps
  • IT Services: 720 Worldwide and Accenture
  • Investments: Artemis Real Estate Partners, Pugh Capital Management, The Rock Creek Group, The Vistria Group, Ares Management Corporation, BlackRock, Camden Asset Management, Dodge & Cox; MacKay Shields, Oaktree Capital Management, and Thoma Bravo

Additional business partner Bank of America was recognized as “Most Improved” because of their significant efforts over the past year to increase female and minority representation on the account teams working with Exelon.

“We share Exelon’s commitment to building an inclusive and diverse culture because we recognize that diverse perspectives make our company stronger and result in better outcomes,” said Anju Abraham, executive director, Power & Utilities, Corporate Banking, CIBC, the partner with the most robust D&I efforts of those honored. “We’re proud to be named to Exelon’s Diversity & Inclusion Honor Roll for the fourth consecutive year.”

Exelon was named to DiversityInc’s list of the Top 50 Companies for Diversity and Inclusion as well as Forbes list of Best Employers for Diversity. In 2017, Exelon was inducted into the Billion Dollar Roundtable Inc. (BDR), a top-level advocacy organization that promotes corporate supplier diversity excellence. Exelon spent $2.4 billion with diverse suppliers across its enterprise in 2019. Additionally, over the past five years, Exelon has donated well over $180 million to organizations with a focus on Diversity and Inclusion efforts, more than 76% of the company’s charitable giving.

Exelon also recognizes that the energy industry needs experienced STEM (science, technology, engineering and math) workers to take our grid, and our industry, into the future and are committed to helping build this workforce through programs like our STEM education and jobs training programs. We are committed to helping build this workforce and working to ensure that under-represented groups such as people of color, women, veterans and people with disabilities receive access to training and educational opportunities that will position them to reinvent and lead this business in the new era.

To learn more about Exelon’s innovative workplace policies and practices, visit exeloncorp.com/careers.

Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2019 revenue of $34 billion. Exelon serves approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with 31,500 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including more than three-fourths of the Fortune 100. Follow Exelon on Twitter @Exelon.


Contacts

Elizabeth Keating
Corporate Communications
312-394-4111
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Future-focused Companies Will Collaborate on Project Development and Integrated Technology Solutions for Limiting Carbon Emissions

LAKE MARY, Fla. & NEW ORLEANS--(BUSINESS WIRE)--#CleanEnergy--Mitsubishi Power, a world leader in power generation and energy storage, and Entergy Corporation (NYSE: ETR), an integrated energy company engaged primarily in electric power production and retail distribution operations, signed a joint development agreement in which they will collaborate to bring decarbonization projects to Entergy’s utility businesses in Arkansas, Louisiana, including the separate jurisdiction of New Orleans, Mississippi and Texas. The relationship will foster collaboration on project development and technology solutions toward enabling Entergy to create a cleaner, more sustainable future for stakeholders by limiting carbon emissions from electric power generation.



Entergy has engaged with Mitsubishi Power because of the company’s demonstrated ability to provide innovative total solutions leveraging multiple technologies to reach decarbonization goals. Mitsubishi Power is a first mover in hydrogen-enabled gas turbine and long- and short-term storage solutions. It also provides the world’s first and only standard integrated green hydrogen packages. The Hydaptive™ and Hystore™ packages optimize integration across renewables, energy storage, and hydrogen-enabled gas turbine power plants, which all work together to create and incorporate green hydrogen — a key to reaching carbonless emissions.

Together Entergy and Mitsubishi Power will focus on

  • developing hydrogen-capable gas turbine combined cycle facilities
  • developing green hydrogen production, storage and transportation facilities
  • creating nuclear-supplied electrolysis facilities with energy storage
  • developing utility scale battery storage systems
  • enabling economic growth through partnerships with the Entergy utility customers

Entergy has led the power generation industry in voluntarily reducing greenhouse gas emissions. In 2001, it was the first U.S. electric utility to commit to limiting carbon dioxide emissions, a goal it enhanced and extended through 2020. While operating one of the cleanest large-scale power generation fleets in the country, Entergy announced in March 2019 that it would further address climate risk by lowering its carbon emission rate to half of year-2000 levels by 2030.

Paul Hinnenkamp, Entergy’s Executive Vice President and Chief Operating Officer, said, “For two decades, sustainability has been a priority for Entergy. We have pledged to conduct our business in a manner that is environmentally, socially and economically sustainable that will benefit all our stakeholders. New technologies and innovative solutions to the challenges posed by climate change present opportunities for us to significantly decrease carbon emissions from our generation portfolio while maintaining low rates. We are pleased to welcome Mitsubishi Power as a collaborative partner in developing strategies to integrate these new technologies and solutions that support us achieving our environmental and customer commitments.”

This year Mitsubishi Power announced technologies representing years of development to enable the transition to a low-carbon then carbon-free grid. The company announced the sale of its first hydrogen-capable advanced class gas turbines in March for the Intermountain Power Plant, which plans to transition from coal to a mixture of 30 percent hydrogen with natural gas by 2025, ramping to 100 percent green hydrogen fuel by 2045. Last month the company announced a 200 megawatt lithium-ion battery storage project in Texas, its largest to date. This month Mitsubishi Power announced the world’s first green hydrogen standard packages for power balancing and energy storage.

Paul Browning, Mitsubishi Power America’s President and Chief Executive Officer, said, “In recent years we have supported Entergy on three large power projects that the utility executed on schedule and on budget as part of a multi-year project to modernize the power generation fleet and voluntarily reduce carbon emissions. Now, we’re proud to work with Entergy on the next phase of decarbonization. At Mitsubishi Power, our mission is to provide power generation and storage solutions to our customers that enable them to affordably and reliably combat climate change and advance human prosperity. We look forward to extending our long-term collaboration with Entergy. Together, we will create a Change in Power.”

About Mitsubishi Power Americas, Inc.

Mitsubishi Power Americas, Inc. (Mitsubishi Power) headquartered in Lake Mary, Florida, employs more than 2,000 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North and South America. Mitsubishi Power’s power generation solutions include natural gas, steam, aero-derivative, geothermal, distributed renewable technologies, environmental controls, and services. Energy storage solutions include green hydrogen and battery energy storage systems. Mitsubishi Power also offers digital solutions that enable autonomous operations and maintenance of power assets. Mitsubishi Power is a part of Mitsubishi Power, Ltd., a wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.

About Entergy Corporation

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including 8,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and approximately 13,600 employees. For more information, visit www.entergy.com and follow @Entergy on social media.

Forward-Looking Information

Entergy’s statements concerning its environmental plans, goals, beliefs and expectations, including statements regarding its greenhouse gas reduction goals, strategies and actions it may take to achieve such goals, statements regarding opportunities to partner with customers and others to advance technology development or reduce societal emissions and other statements of Entergy’s plans, beliefs, or expectations included in this release are “forward-looking statements” which apply only as of the dates indicated.

Forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including, among other things, uncertainties associated with regulatory proceedings and other cost recovery mechanisms, risks associated with executing on our business strategies, effects of changes in laws, regulations or policies, the effects of technological change, including the costs, pace of development and commercialization of new and emerging technologies, uncertainties and other factors discussed in Entergy’s most recent Annual Report on Form 10-K and subsequent reports and filings made under the Securities Exchange Act of 1934.


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HOUSTON--(BUSINESS WIRE)--Today, Harvest Midstream announced the successful commissioning of two connections between Harvest’s Ingleside Pipeline and Moda Midstream. The first connection provides shippers access from the Harvest Ingleside Pipeline to Moda Midstream LLC’s Ingleside Energy Center located in Ingleside, Texas. The second connection is a bi-direction connection between the Harvest Ingleside Pipeline and Moda Midstream’s Taft Terminal located in Taft, Texas. The bi-directional capability allows Moda’s Taft Terminal to receive crude volumes from Harvest’s Ingleside Pipeline and also deliver volumes to Harvest’s Ingleside Pipeline.


Just a few months after the announcement of the Ingleside Pipeline’s completion, it is a huge win for Harvest and our customers to have these new connections in place. As we continue to build capabilities to provide our customers growth potential, we look forward to being able to announce new successes in the region,” said Jason Rebrook, CEO of Harvest Midstream Company.

On June 23, 2020, Harvest announced the completion of the Ingleside Pipeline, a 24-mile, 24-inch oil pipeline. The capacity of the line is 600,000 barrels per day (bpd) with up to 380,000 bpd supplied by the existing Harvest Eagle Ford pipeline systems.

Harvest is and always will be building our capabilities to provide world class services to our customers,” said Sean Kolassa, President of Harvest Midstream Company. “We are extremely proud to continue to expand service offerings on our system for the benefit of our customers and for the region.”

The Harvest Ingleside Pipeline originates at the Harvest Midway Terminal and can receive up to 380,000 bpd from the existing Harvest Eagle Ford pipeline system. The Harvest Midway Terminal will start full operations October 1st.

Harvest Midstream Company:

Harvest Midstream Company is a privately held midstream services provider based in Houston, TX. Harvest operates crude oil and natural gas gathering, storage, transportation, treatment, and terminalling assets across the Lower 48 and Alaska. To learn more visit: www.harvestmidstream.com.


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Media Contact:
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Shape strategic responses through the phases of industry recovery

Exxon Mobil Corp., FUCHS PETROLUB SE, PJSC LUKOIL, Royal Dutch Shell Plc, Total SA, and Valvoline Inc. will emerge as major compressor oil market participants during 2020-2024

LONDON--(BUSINESS WIRE)--#CompressorOilMarket--The compressor oil market is expected to grow by USD 1.069 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the compressor oil market in optimistic, probable, and pessimistic forecast scenarios.



The compressor oil market will witness Negative and Inferior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Decrease as compared to 2019.

Enterprises will go through Respond, Recover and Renew phases. Download free report sample

As the COVID-19 pandemic continues to spread, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through respond, recover and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the Next Normal.

This post-pandemic business planning research will aid clients to:

  • Adjust their strategic planning to move ahead once business stability kicks in.
  • Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
  • Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure. Click here

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates

Gain instant access to 17,000+ market research reports by using

Technavio's SUBSCRIPTION platform

Major Three Compressor Oil Market Participants:

Exxon Mobil Corp.

Exxon Mobil Corp. operates its business under various segments such as upstream, downstream, and chemical. The company offers Mobil SHC Rarus Series, Mobil Rarus SHC 1020 Series, Mobil Rarus SHC 1020 Series, Mobil Rarus 800 Series, and Mobil Rarus 400 Series compressor oil.

FUCHS PETROLUB SE

FUCHS PETROLUB SE operates its business in EMEA, Asia-Pacific, and North and South America. The company offers RENOLIN 503, RENOLIN 504, RENOLIN 505, RENOLIN 506, and RENOLIN LPG 185 compressor oil amongst others.

PJSC LUKOIL

PJSC LUKOIL has business operations under various segments, namely exploration and production; refining, marketing, and distribution; and corporate and other. The company offers RRENOLIN Unisyn OL and NAVISYN DE 100 compressor oil.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/ compressor oil market-industry-analysis

Compressor Oil Market 2020-2024: Segmentation

Compressor Oil is segmented as below:

  • End-user
    • Industrial machinery
    • Oil and gas
    • Power
    • Automotive
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • MEA
    • South America

The compressor oil market is driven by increasing investments in oil and gas E&P activity. In addition, other factors such as rising environmental concerns and stringent safety regulations is expected to trigger the compressor oil market toward witnessing a CAGR of about 2% during the forecast period.

Get more insights about the global trends impacting the future of compressor oil market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45117

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.


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SmartEnergy IP Survey Confirms That “Cool” and “Energy Savings” Are Two Major Drivers for Consumer Interest in Smart Home

PHILADELPHIA--(BUSINESS WIRE)--#AMI--SmartEnergy IP, a leading research and advisory firm focused on customer experience in energy and utilities, announced today the release of its industry white paper entitled “Customer Preferences Dictate the Future of Smart Home Business Models: Exploring the Role of Smart Home in the Utility of Future Business Model”. The paper was published following a series of customer surveys beginning in November 2019 and ending in August 2020 that focused on identifying key drivers for smart home investment.


In addition, the survey also spotlighted the opportunity for utilities and energy companies to optimize these programs for home energy management and automation, evolving current energy efficiency programs by providing more tangible tools for customers to save energy and money.

The combined surveys reached 6,000 customers across the United States and across gender and age brackets.

Key findings of the paper include:

  • While “the cool factor” drives interest in smart home, energy reduction solutions top the list of motivators to buy

  • Customers aged 35-54 prefer bundled solutions

  • The majority of customers expect smart home solutions from their utilities

  • Smart Home is the natural next step in AMI Investment

“We are embarking on a new chapter for utility energy efficiency programs and smart grid investments. It is the separate, but equal forces at play that will lead to sustainable energy reduction,” said Juliet Shavit, President of SmartMark Communications and Founder of SmartEnergy IP. “The natural next step to optimizing AMI investments is to understand the role of the smart home in the smart grid.

As an industry we have already established the role technology automation plays in reliability, safety and efficiency. We must no longer overlook home automation and the role customers play in long term grid modernization and offer them the tools that they need to take control of their energy use,” added Shavit.

The survey is available for download at smartenergy-ip.com.

About SmartEnergy IP™

SmartEnergy IP™ is a research and advisory firm within SmartMark Communications dedicated to helping articulate the benefits of energy technology investment and innovation for consumers. The company helps utilities and stakeholders define the technology and business requirements necessary to develop and implement customer-focused programs that benefit communities and meet policy goals. SmartEnergy IP also hosts the annual Smart Grid Customer Education Symposium and publishes annual reports on major industry trends related to utility customer experience. To learn more, visit www.smartenergy-ip.com.

About SmartMark Communications, LLC

SmartMark Communications is a strategic communications and advisory firm dedicated to helping businesses, organizations, and policymakers boldly transform their industries and educate their stakeholders. The company is driving the next era of technology adoption by helping industries innovate and use technology applications to improve customer experience and drive behavior change. To learn more, visit www.smartmarkglobal.com.


Contacts

Media:
Meredith Salefski
SmartMark Communications, LLC
615-864-7841
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DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicle Charger Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.


The electric vehicle charger market is poised to grow by 1.85 million units during 2020-2024 progressing at a CAGR of 29% during the forecast period.

The reports on electric vehicle charger market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the government incentives and subsidies for EV charger infrastructure developments, increasing EV sales through tax incentives pushing demand for well-built EV charger infrastructure and fuel emission and efficiency regulations driving adoption of EVs and charger.

The electric vehicle charger market analysis includes end-user segment, type segment, and geographical landscapes. This study identifies the powering EV charging stations through renewable energy as one of the prime reasons driving the electric vehicle charger market growth during the next few years. Also, open and closed platform approaches by EV charger solution providers and ultracapacitors in EV energy storage system will lead to sizable demand in the market.

The 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.

Companies Mentioned

  • ABB Ltd.
  • Addnergie Technologies Inc.
  • AeroVironment Inc.
  • BP Plc
  • ChargePoint Inc.
  • Electricite de France SA
  • Evatran Group Inc.
  • Leviton Manufacturing Co. Inc.
  • Robert Bosch GmbH
  • Webasto SE.

The electric vehicle charger market covers the following areas:

  • Electric vehicle charger market sizing
  • Electric vehicle charger market forecast
  • Electric vehicle charger market industry analysis

Key Topics Covered:

1. Executive Summary

  • Market Overview

2. Market Landscape

  • Market ecosystem
  • Value chain analysis

3. Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

5. Market Segmentation by End-user by Volume

  • Market segments
  • Comparison by End-user by volume
  • Residential- Market size and forecast 2019-2024 (thousand units)
  • Commercial - Market size and forecast 2019-2024 (thousand units)
  • Market opportunity by End-user by volume

6. Market Segmentation by Type by Volume

  • Market segments
  • Comparison by Type volume chart
  • Slow charger - Market size and forecast 2019-2024 (thousand units)
  • Fast charger - Market size and forecast 2019-2024 (thousand units)
  • Market opportunity by Type volume chart

7. Customer landscape

8. Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

9. Vendor Landscape

  • Vendor landscape
  • Landscape disruption

10. Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Addnergie Technologies Inc.
  • AeroVironment Inc.
  • BP Plc
  • ChargePoint Inc.
  • Electricite de France SA
  • Evatran Group Inc.
  • Leviton Manufacturing Co. Inc.
  • Robert Bosch GmbH
  • Webasto SE

11. Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/elb3u5


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New Sustainability Report Emphasizes Climate Innovation and Mission Advancement

PETALUMA, Calif.--(BUSINESS WIRE)--Straus Family Creamery publishes its annual Sustainability Report to a public audience in its tenth year of reporting through the Sustainable Food Trade Association. Straus’ goal is to inspire other businesses in farming and food production to replicate environmental stewardship practices in their communities. The report captures the company’s progress in agricultural innovation, climate change mitigation, and the advancement of its mission to help sustain family farms while protecting the planet, local economies, and the people who live and work in the community.



The COVID-19 pandemic, combined with an early and devastating start to wildfire season, floods, and hurricanes have created abrupt challenges that have tested the ability of the country’s food system to function in the face of disruptions to production, the supply chain, and distribution. Emerging from this pandemic and the historic disasters are lessons on how to reprioritize the way American society uses, shares, and values its resources—especially how food is harvested, produced, and the repercussions it has on an increasingly unstable climate.

Decades before the twin crises of climate change and COVID-19, the Straus business model emphasized environmental, economic, and community resilience. As described in its new Sustainability Report, environmental stewardship is core to the Straus’ mission-driven climate change strategy. Sustainability is a founding principle, and core value of the company, and organic farming practices are foundational to all of its sustainability efforts.

Founder and CEO Albert Straus grew up working on the family farm alongside his parents, Bill and Ellen Straus, and took over management of the farm in the late 1970s. He prioritized innovative farming practices and pastureland management to improve soil health, increase carbon storage, and reduce environmental impact. The Straus Dairy Farm became the first organic dairy farm in the Western United States, and today, the farm models regenerative farming practices that can be replicated on any organic or pastured-based dairy farm or farming system.

A study from UC Davis climate scientists notes that in 21st Century California, grasslands are more reliable carbon sinks than forests. Grassland ecosystems are dependent upon grazing to activate the lifecycle of perennial grasses, and modern science-based managed grazing strategies are an efficient means of replicating this natural process. Managed livestock grazing is an essential land management tool that can help reduce catastrophic wildfire risk or fire intensity while also cycling nutrients through the soil and fostering healthy wildlife habitat.

Managed livestock grazing and other climate-smart practices are time-honored methods in sustainable farming communities throughout the world. These practices include applying compost on pastures to increase the organic matter, moisture retention, and nutrients. When soils have more organic matter, greater water retention and receive proper nutrition, they naturally increase the volume of pasture production. Other climate-smart practices include implementing intensive rotational animal grazing to maximize pasture growth, planting windbreaks and hedgerows to reduce soil erosion, and planting perennial grasses to deepen underground root systems.

“I believe organic dairy farming can be one of the primary solutions to climate change and that sustainable organic agriculture can create economically viable opportunities for dairy farmers while balancing the world’s ecosystem,” said Albert Straus. “We need managed livestock grazing to protect our farmland and open spaces.”

Evaluating the impact of its mission, the newly released 2019 Sustainability Report quantifies, measures and illustrates the company’s environmental, social and economic impacts and shares its progress toward a carbon-neutral farming goal that will be implemented on the Straus Dairy Farm by 2022. Report highlights include:

  • Welcoming three new next-generation organic family farms to the Straus independent supplier group
  • Diverting 93% of waste away from landfill and the environment to earn TRUE® Zero Waste Certification
  • Sourcing 100% renewable, zero-carbon electricity to power the Marshall Creamery
  • Saving 180,000 gallons of water with drought-resistant landscaping at their offices
  • Receiving 3.2 million glass milk bottles returned by Straus customers to be reused

“Being able to work closely with an innovative company that blazes truly new paths of sustainability is not an opportunity that comes up every day. For over a decade, the Sustainable Food Trade Association has been lucky to count Straus Family Creamery within our membership. We have learned from their innovation, celebrated their success, and helped chart their progress through annual sustainability reporting using the SFTA Sustainability Framework,” said Lisa Spicka, interim executive director. “Their new public sustainability report reflects years of careful measurement, trials, and successes.”

Recognizing the company’s climate mitigation innovation in a first-of-its kind partnership to supply BMW Group with cow-to-car electricity for BMW Group’s electric vehicles in California, Fast Company named Albert Straus as one of 2020’s Most Creative People in Business. The program lauds individuals who used their innovative thinking to make an impact on the world beyond financial success.

Straus Family Creamery
Based in Marshall, CA, Straus Family Creamery is a Northern California, certified organic creamery offering minimally processed milk, cream, yogurt, butter, sour cream, ice cream, and a variety of wholesale and specialty dairy products distributed throughout the Western United States. The Creamery makes minimally processed dairy products from organic milk supplied by family farms in Marin and Sonoma Counties, including the Straus Dairy Farm, which is the first certified organic dairy farm west of the Mississippi River. Straus Family Creamery, the first 100 percent certified organic creamery in the United States, continues to make business decisions based on its mission to help sustain family farms, revitalize rural communities, and protect the environment. The family-owned business sustains collaborative relationships with the family farms that supply it milk, offering stable prices and predictability in what can otherwise be a volatile marketplace. Learn about the Straus difference at StrausFamilyCreamery.com and join us on social here. Straus Family Creamery is a member of the Sustainable Food Trade Association, which serves as a hub for businesses to learn, report, improve performance, and share best practices. SFTA’s mission is to build the capacity of the organic food trade to transition to sustainable business models. Albert Straus, who believes that livestock have an essential role in reversing climate change, joins Fast Company’s 11th annual Most Creative in Business list of 74 individuals from such companies as Google, Netflix, and Patagonia, as well as institutions such as Johns Hopkins University and the ACLU of Massachusetts.


Contacts

MEDIA CONTACTS:
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Director of Communications
Straus Family Creamery
707-776-2887 x2149
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Haven Bourque
HavenBMedia
415-505-3473
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LONDON--(BUSINESS WIRE)--#apac--The Global Well Intervention Services, Procurement, Construction Management Industry is poised to experience spend growth of more than USD 3 billion between 2019-2024 at a CAGR of over 4.00%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages



Read the 120-page research report with TOC and LOE on "Global Well Intervention Services, Procurement, Construction Management Industry – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend."

SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Well Intervention Services, Procurement, Construction Management Industry procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

Information on Latest Trends and Supply Chain Market Information Knowledge center on COVID-19 impact assessment

Insights into the Market Price Trends

  • Suppliers in this market have moderate bargaining power owing to moderate pressure from substitutes and a moderate level of threat from new entrants.
  • Buyers can benchmark their preferred pricing models for Well Intervention Services, Procurement, Construction Management with the wider industry and identify the cost-saving potential.

Insights to help buyers identify and shortlist the most suitable suppliers for their Well Intervention Services, Procurement, Construction Management Industry requirements. This procurement report answers the following questions:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the Well Intervention Services, Procurement, Construction Management Industry category essentials in terms of SLAs and RFx?

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Insights into strategies that will help buyers optimize their category management practices. The report answers the following questions:

  • What should be my strategic procurement objectives, activities, and enablers for the Well Intervention Services, Procurement, Construction Management Industry category?
  • What negotiation levers can I pull for cost-saving?
  • What are Well Intervention Services, Procurement, Construction Management Industry procurement best practices I should be promoting in my supply chain?

Some of the top Well Intervention Services, Procurement, Construction Management Industry suppliers enlisted in this report

This Well Intervention Services, Procurement, Construction Management Industry procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • Halliburton Co.
  • Schlumberger Ltd.
  • Baker Hughes Co.
  • TechnipFMC Plc
  • Weatherford International Plc
  • Tenaris SA

Get access to regular sourcing and procurement insights to our digital procurement platform- Contact Us.

Table of Content

Executive Summary

Market Insights

Category Pricing Insights

Cost-saving Opportunities

Best Practices

Category Ecosystem

Category Management Strategy

Category Management Enablers

Suppliers Selection

Suppliers under Coverage

US Market Insights

Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

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CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that it has set a new sustainable finance goal of $8 billion to be achieved by 2025. This goal continues the Bank’s leadership in environmental sustainability, having become the first Fortune 500 company to achieve 100% renewable power through a single, solar project, earning an A- Climate leadership score from CDP, and receiving an EPA Green Power Leadership Award, all of which occurred over the past year.


Fifth Third Bank Chairman, President & CEO Greg D. Carmichael, said, “By setting this $8 billion sustainable finance goal, we are expanding our commitment to partner with clients to make a real difference for our planet. We are proud to be part of the solution to address climate change through our financing of quality renewable energy projects and other climate solutions.”

The Bank’s sustainable finance goal includes lending commitments and financing for renewable energy (solar, wind, geothermal, biomass and hydropower). It includes the financing of projects like the Bancroft Station Solar Farm in Early County, Georgia. Fifth Third financed the roughly $110 million construction-to-term facility for Nashville-based Silicon Ranch Corporation in 2019. The solar farm loads power onto the Georgia transmission grid and is supplying Facebook’s Newton Data Center with 100% renewable energy.

“At Silicon Ranch, we believe in the power of collaborative partnerships,” said Virginia Williams, senior vice president of project finance at Silicon Ranch. “We naturally seek to work with financial partners who share this value and are grateful for the strong relationship we have built with Fifth Third. Their support of projects like Bancroft Station enable us to meet the goals of our customers and bring significant capital investments to underserved communities.”

Approximately $4 billion in renewable energy lending and capital raising services have been provided by Fifth Third since 2012. These services have led to the completion of more than 3.5 GW of renewable energy projects across more than 50 clients. In 2018, Fifth Third established its national renewable energy finance center of excellence and drastically expanded the Bank’s sustainability practice. In August 2019, the practice was further expanded through the addition of a renewable energy investment banking team. Today, approximately 25 Fifth Third employees are dedicated full-time to sustainable financing and advisory activities.

The current sustainable financing strategy and policy for lending excludes more speculative development financing, such as construction projects prior to being “shovel ready” or without a power purchase agreement, as well as projects with less certain off-taker contracts, including those that require taking merchant and/or wholesale energy price risk.

More information regarding Fifth Third’s new $8 billion sustainable finance goal, including the financing of the Bancroft Station Solar Farm, will be published in the Bank’s inaugural Environmental, Social and Governance (ESG) Report, which will be available online on Sept. 30, 2020. The report will include environmental data and a comprehensive Task Force on Climate Related Financial Disclosure index.

The establishment of this $8 billion sustainable finance goal is the latest in a series of steps—many of which align to the United Nations Sustainable Finance Goal No. 13 Climate Action—that Fifth Third has taken to be a leader in environmental sustainability. Fifth Third also recently published a new Environmental and Social Policy that identifies sectors that pose heightened environmental and social risks. The policy provides guidance on sectors or activities that are prohibited or that are subject to enhanced due diligence and may require escalated review and approval. In 2017, Fifth Third established five bold sustainability goals to be achieved by 2022 and has, to date, achieved its goals for 100% renewable power, a 25% reduction in greenhouse gas emissions and a 20% reduction in water usage. The Company continues to pursue its remaining 2022 goals, which are a 25% energy use reduction and a 20% reduction in landfill waste.

About Fifth Third

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of June 30, 2020, Fifth Third had $203 billion in assets and operated 1,122 full-service banking centers and 2,456 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to approximately 53,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2020, had $405 billion in assets under care, of which it managed $49 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Deposit and Credit products are offered by Fifth Third Bank, National Association. Member FDIC.


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BAAR, Switzerland--(BUSINESS WIRE)--Blackstone Resources AG (SWX: BLS) (“Blackstone”) It is our great pleasure to announce our activities and successes during the first half of 2020. Our goal is to develop a new proprietary battery technology that will help ensure a sustainable clean-energy world.

Highlights from the first half of 2020

  • Blackstone delivered a strong performance from our business activities during the first half of 2020, a profit of CHF 19’825’061 was recorded which equates to CHF 0.46 per share.
  • During the first half of 2020 the sale of our licenses of rare earth in Norway has been concluded for CHF 22 million. There was strong interest from both Canadian and Australian investors.
  • The transaction increased Blackstone’s equity (excluding non-controlling interests) from CHF 25 million to CHF 44.8 million, which equates a book value of CHF 1.05 per share.
  • The price earning ratio (P/E ratio) is 3.4 times at the actual share price of CHF 1.58 (21.09.20), compared to other battery manufacturers (Umicore, CATL) having a P/E ratio between 44 to 100 times.

Battery technology

  • During the first half of the year, a number of significant milestones were passed by Blackstone Technology GmbH, Germany.
  • The world's first functional battery cells with thick, printed electrodes, which have been successfully tested. This technology increases the energy density for common cathode chemistries by approximately 20%, saves 70% of CAPEX, 35% of OPEX and up to 35% material costs.
  • Electrodes that use environmentally friendly, water-based binder systems. The production of these electrodes is completely free from pollutants and reduces production costs over the long term.
  • The short-term goal of Blackstone Technology GmbH will be to print complete battery cells, including housings, at an extremely high speed.

Battery metals

  • Blackstone received its technical NI 43 standard report for its Antiagasta Project in Chile, which represents a major milestone for its lithium exploration programme.
  • The company sold its investment interest in rare earths in Norway for CHF 22 million. Blackstone will retain its mining concessions for past producing gold and silver mines and it has a buyback option for these invested interests in the future. The group also has a 2% royalty agreement in place until 2030
  • First Cobalt, a company in which Blackstone Resources has a significant invested interest, announced positive feasibility study results for their cobalt refinery.

Outlook for the H2 2020 and beyond

  • Interest in Blackstone’s proprietary and patented battery technology continues to rise worldwide. We expect to achieve a number of milestones for our battery technology business.
  • We plan to apply the same printing techniques to the solid-state batteries this year.
  • The long-term fundamentals that support the battery metal market will remain strong: Electric vehicle sales are expected to increase 30 times from their current level by 2030.
  • The success of our lithium exploration project in Chile has been a great achievement in 2020. We expect in the second half of 2020 that we will commence feasibility studies prior to entering production.

Blackstone Resources AG

Blackstone Resources is a Swiss Holding Company, with its legal domicile in Baar, Kanton Zug and is concentrating on the battery technology and battery metals market. In addition, it sets up, develops and manages refineries used for gold and battery metals. It offers direct exposure to the battery technology and battery metal revolution that is being driven by the demand of electric vehicles that need vast quantities of these metals. These include cobalt, manganese, graphite, nickel, copper and lithium. In addition, Blackstone Resources has started a research programme on new battery technologies on solid state batteries and its production process.

For more information please visit www.blackstoneresources.ch

The disclaimer is an integral part of this press release.
Please ensure you consult the disclaimer for a full understanding of the content within:
http://www.blackstoneresources.ch/investors/disclaimer/


Contacts

Blackstone Resources AG
Doris Suta
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F: +41 41 449 61 69
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CH-6340 Baar
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