DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced that Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will participate in investor meetings and a fireside chat at the CJS Securities 22nd Annual New Ideas for the New Year Virtual Investor Conference on Wednesday, January 12, 2022. The fireside chat is scheduled for 1:20 p.m. Central Time (2:20 p.m. Eastern Time) that same day.
A copy of the Company’s presentation will be posted to the Company’s Investor Relations section of its website, www.primoriscorp.com, before the opening of trading on the NASDAQ on the same day.
About Primoris
Primoris Services Corporation is a leading provider of specialty contracting and critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The Company supports a diversified base of blue-chip customers with engineering, procurement, construction and maintenance services. A focus on multi-year master service agreements and an expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations, renewable fuels, electrical transmission and distribution systems and communications infrastructure have also increased the Company’s potential for long-term growth. Additional information on Primoris is available at www.primoriscorp.com.
Brook Wootton
Vice President, Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
BLACKWOOD, N.J.--(BUSINESS WIRE)--Vision Solar, together with their current Board of Directors, has made the decision to add a new member to their governing board. The Board’s objective is to set the culture and values of the company. The board is focused on the matters of performance, ethics, integrity, legal compliance, transparency and responsiveness to shareholder and policy holder interests.
Vision Solar continues to add new board advisory with these tailored skill sets to mature their board and support the leadership and professionalism they need to take this company forward successfully, both operationally and fiscally responsible. Vision Solar wanted to ensure that their Board was diverse and sought the assistance of a special advisory firm to find an individual like Bryn Sherman that would bring that diversity and new perspective of thought and governance.
Bryn Sherman has served as a Principal at Offit Kurman. Sherman stood out from other candidates due to her solid knowledge of audit and board governance, professional work ethic, and her drive. Sherman has nearly three decades of experience in real estate law and has dedicated her entire career to representing clients ranging from U.S. public companies, including their board rooms, to private businesses and family-owned businesses.
Sherman is a member of the Maryland and District of Columbia bar. Sherman holds a BA in political science from the University of Wisconsin, Madison, and a JD from the University of Miami, Florida.
“I am honored to join the Vision Solar board at this rapidly growing stage in renewable energy. I am excited to join this very talented team who is poised for rapid growth and long term success.” stated by Bryn H. Sherman
“We’re excited to expand our board with a legal powerhouse like Bryn Sherman, our newest member, who will bring diverse expertise and strategic insight to our board,” said Jon Seibert, President and CEO of Vision Solar.
“We have worked diligently to ensure Vision Solar’s board and leadership represents a variety of experts from a diverse culture, advocacy group, and the newest board member is no exception.” Faraz Khan, CFO of Vision Solar
For any inquiries regarding this press release, please feel free to contact John Czelusniak at This email address is being protected from spambots. You need JavaScript enabled to view it. or Juliana Echavarria This email address is being protected from spambots. You need JavaScript enabled to view it.
About Vision Solar:
Vision Solar is one of the fastest growing solar energy companies in the United States. Their full-service renewable energy company installs solar services for residential homes nationwide. Over the past three years, Vision Solar has grossed over $100 million in revenue, with significant increase in projected growth to produce 1000+ high-quality Green Jobs by 2022. To learn more, visit: https://www.visionsolar.com
John Czelusniak
This email address is being protected from spambots. You need JavaScript enabled to view it.
or
Juliana Echavarria
This email address is being protected from spambots. You need JavaScript enabled to view it.
SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) announced today the completion of the previously announced debt reduction and refinancing transactions that together reduced Valero’s long-term debt by approximately $700 million. The debt reduction and refinancing transactions included the issuance of $500 million aggregate principal amount of 2.800% Senior Notes due 2031 and $950 million aggregate principal amount of 3.650% Senior Notes due 2051 (the “Notes Issuance”) and the use of the proceeds from the Notes Issuance and cash on hand to repurchase and retire approximately $2.1 billion aggregate principal amount of various series of Valero’s senior notes and to redeem all of Valero’s 2.700% Senior Notes due 2023.
The debt reduction and refinancing transactions, combined with the redemption of the $575 million aggregate principal amount of Floating Rate Senior Notes due 2023 in the third quarter, collectively reduced Valero’s long-term debt by approximately $1.3 billion.
Safe-Harbor Statement
Statements contained in this press release that state Valero’s or its management’s expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The words “anticipate,” “believe,” “expect,” “plan,” “intend,” “scheduled,” “estimate,” “project,” “projection,” “predict,” “budget,” “forecast,” “goal,” “guidance,” “target,” “could,” “would,” “should,” “may,” “strive,” “seek,” “potential,” “opportunity,” “aimed,” “considering,” “continue,” and similar expressions identify forward-looking statements. It is important to note that actual results could differ materially from those projected in such forward-looking statements based on numerous factors, including those outside of Valero’s control, such as legislative or political changes or developments, market dynamics, cyberattacks, weather events, and other matters affecting our operations or the demand for our products. These factors also include, but are not limited to, the uncertainties that remain with respect to the COVID-19 pandemic, variants of the virus, governmental and societal responses thereto, including requirements and mandates with respect to vaccines, vaccine distribution and administration levels, and the adverse effects the foregoing may have on our business or economic conditions generally. For more information concerning these and other factors that could cause actual results to differ from those expressed or forecasted, see Valero’s annual report on Form 10-K, the “Risk Factors” section included in the Offer to Purchase, quarterly reports on Form 10-Q, and other reports filed with the Securities and Exchange Commission.
About Valero
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 500 company based in San Antonio, Texas, and owns 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 12 ethanol plants with a combined production capacity of approximately 1.6 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S. Valero is also a joint venture partner in Diamond Green Diesel, which owns and operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel owns North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America. Approximately 7,000 outlets carry Valero’s brand names.
Investors:
Homer Bhullar, Vice President – Investor Relations and Finance, 210-345-1982
Eric Herbort, Senior Manager – Investor Relations, 210-345-3331
Gautam Srivastava, Senior Manager – Investor Relations, 210-345-3992
Media:
Lillian Riojas, Executive Director – Media Relations and Communications, 210-345-5002
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--#AirFreight--GA Telesis, LLC debuts GAT Logistics Solutions Group LLC (“GATLSG”), a wholly-owned global freight forwarding subsidiary that offers a complete portfolio of logistics services to the aerospace industry and time-critical verticals including healthcare, technology, retail, and beyond. GATLSG has a globally positioned team and robust network providing air, sea, and inland freight customers with customized worldwide door-to-door services. The new freight forwarding business offers cost-effective logistics solutions to solve customers' transport challenges from domestic to cross-border needs worldwide.
“Quality, budget, flexibility, and regulatory requirements are all factors in our logistics solutions, enabling our customers to tackle the challenges of the fast-paced industries we serve,” said Dr. Andreas Bauer, Senior Vice President & TSA Security Coordinator. “To maximize return on investment, GATLSG examines supply chain demands and leverages the scale of our air, ocean, land, multimodal, and project cargo services to execute a strategy that leads to on-time deliveries and ultimately, customer success,” commented Bauer.
“We offer our clients a complete portfolio of integrated logistics solutions committed to optimizing each link of their supply chain. In addition, we design freight forwarding solutions our customers have come to trust and rely on to simplify worldwide logistics and facilitate trade,” said Jessica Matthews, Managing Director, GAT Logistics Solutions Group.
About GAT Logistics Solutions Group
GAT Logistics Solutions Group is a premier logistics service provider with a robust global network meeting the challenges of today’s supply chain world. GAT Logistics Solutions offers best-in-class competitive air, ocean, inland, and project cargo transportation solutions, helping thousands of customers worldwide manage their shipping costs and increase profits. GAT Logistics Solutions is an innovative freight forwarding and contract logistics provider, an investor in technology to enhance supply chain efficiency, and a pioneer in the market. GAT Logistics Solutions works collaboratively worldwide and synchronizes commerce with smart supply chain solutions. Delivering on time, every time is part of our DNA.
For further information on GAT Logistics Solutions, please contact Jessica Matthews at This email address is being protected from spambots. You need JavaScript enabled to view it.
Jessica Matthews
This email address is being protected from spambots. You need JavaScript enabled to view it.
SAN FRANCISCO & AMSTERDAM--(BUSINESS WIRE)--TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) (“TPG Pace”), a publicly traded special purpose acquisition company, and EV Charged B.V. (“EVBox Group”), today announced that TPG Pace, Edison Holdco B.V., New TPG Pace Beneficial Finance Corp., ENGIE New Business S.A.S. (“Engie Seller”) and EVBox Group have mutually agreed to terminate their previously announced business combination agreement, effective immediately.
TPG Pace intends to continue to pursue the consummation of a business combination with an appropriate target. With the agreement terminated, TPG Pace, Engie Seller and EVBox Group may (but are not required to) continue to discuss a potential business combination transaction involving TPG Pace and EVBox Group.
About TPG
TPG is a leading global alternative asset firm founded in San Francisco in 1992 with $109 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com or @TPG on Twitter.
About TPG Pace Group and TPG Pace
TPG Pace Group is TPG’s dedicated permanent capital platform. TPG Pace Group has a long-term, patient and highly flexible investor base, allowing it to seek compelling opportunities that will thrive in the public markets. TPG Pace Group has sponsored seven special purpose acquisition companies (“SPACs”) and raised more than $4.4 billion since 2015.
TPG Pace raised $350 million in its October 2020 IPO in order to seek a business combination target that combines attractive business fundamentals with, or with the potential for strong environmental, social and governance (“ESG”) principles and practices. For more information, visit https://www.tpg.com/pace-beneficial-finance.
About EVBox Group
Founded in 2010, EVBox Group is a leading global provider of EV charging technologies, empowering forward-thinking businesses to drive sustainable mobility, by offering integrated, flexible and scalable EV charging solutions. For more information, visit evbox.com. For media questions, please reach out to This email address is being protected from spambots. You need JavaScript enabled to view it..
Forward Looking Statements
The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward looking statements. When used herein, including any oral statements made in connection herewith, the words “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Should one or more of the risks or uncertainties described herein and in any oral statements made in connection therewith occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact TPG Pace’s expectations and projections can be found in TPG Pace’s initial public offering prospectus, which was filed with the SEC on October 8, 2020. In addition, TPG Pace’s periodic reports and other SEC filings are available publicly on the SEC’s website at http://www.sec.gov.
TPG/TPG Pace:
Luke Barrett
(415) 743-1550
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tom Johnson/Sheila Ennis
Abernathy MacGregor
(917) 747-6990/(510) 604-8027
This email address is being protected from spambots. You need JavaScript enabled to view it./This email address is being protected from spambots. You need JavaScript enabled to view it.
EVBox Group:
Madeline Vidak
This email address is being protected from spambots. You need JavaScript enabled to view it.
+31 (0)6 30 71 06 93
General: This email address is being protected from spambots. You need JavaScript enabled to view it.
Information on how shareholders of record may vote their shares can be found at: https://www.athena1.com/athn-vote
Shareholders can access the Extraordinary General Meeting virtually via live webcast at https://www.cstproxy.com/athenatechnology/2021
KENNESAW, Ga.--(BUSINESS WIRE)--Athena Technology Acquisition Corp. (NYSE: ATHN) (“ATHN”), a publicly-traded special purpose acquisition company, reminds its shareholders to vote in favor of the previously announced business combination (the “Business Combination”) with Heliogen, Inc. (“Heliogen”), an AI-enabled, modular concentrated solar technology company focused on decarbonizing industry.
Shareholders who owned common stock of ATHN as of the close of business on November 23, 2021 (the “Record Date”), may vote their shares. Shareholders as of the Record Date continue to have the right to vote their shares, regardless of whether such shareholders subsequently sold their shares and do not own such shares as of the date they cast their vote.
The extraordinary general meeting of ATHN shareholders to approve the pending Business Combination (the “Extraordinary General Meeting”) is scheduled to be held on December 28, 2021 at 10:00 a.m. Eastern Time. The Extraordinary General Meeting will be conducted virtually, and can be accessed via live webcast at https://www.cstproxy.com/athenatechnology/2021.
Additional information on how shareholders of record may vote their shares can be found at: https://www.athena1.com/athn-vote
Every shareholder’s vote is important, regardless of the number of shares held. Accordingly, all ATHN shareholders who held shares as of the Record Date who have not yet voted are encouraged to do so as soon as possible so that their votes are received by ATHN no later than 11:59 p.m. Eastern Time December 27, 2021. For the avoidance of doubt, ATHN shareholders who owned shares as of the Record Date and subsequently sold all or a portion of their shares are STILL entitled to vote, and are encouraged to do so.
ATHN’s board of directors recommends you vote “FOR” the Business Combination with Heliogen and “FOR” all of the related proposals described in the definitive proxy statement/prospectus (the “Proxy Statement”) filed by ATHN with the Securities and Exchange Commission (“SEC”) on December 3, 2021.
These are the two easiest and fastest ways to vote – and they are both free:
Additionally, you can also vote by mail:
YOUR CONTROL NUMBER IS FOUND ON YOUR VOTING INSTRUCTION FORM. If you did not receive or misplaced your Voting Instruction Form, contact your bank, broker or other nominee to obtain your control number in order to vote. A bank, broker or other nominee is a person or firm that acts as an intermediary between an investor and the stock exchange who can help you vote your shares.
If any individual ATHN shareholder, who held shares as of the November 23, 2021 record date for voting, does not receive the Proxy Statement, such shareholder should (i) confirm their Proxy Statement’s status with their broker, (ii) contact Morrow Sodali LLC, ATHN’s proxy solicitor, for assistance via e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it. or toll-free call at (800) 662-5200 and banks and brokers can place a collect call to Morrow Sodali at (203) 658-9400, or (iii) contact ATHN by mail at Athena Technology Acquisition Corp., 125 Townpark Drive, Suite 300, Kennesaw, GA 30144.
Cautionary Note Regarding Forward-Looking Statements
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Additional Information and Where to Find It
In connection with the proposed business combination, Athena Technology Acquisition Corp. (“Athena”) has filed with the Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 that has been declared effective by the SEC, which includes a prospectus of Athena with respect to the securities to be issued in connection with the business combination with Heliogen, Inc. (“Heliogen”) and a definitive proxy statement of Athena with respect to the Special Meeting. The combined proxy statement/prospectus relating to the proposed business combination will be mailed to Athena’s stockholders on or about December 6, 2021. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. The proposed business combination and related transactions will be submitted to stockholders of Athena for their consideration. Athena’s stockholders and other interested persons are advised to read the definitive proxy statement/prospectus and other documents filed in connection with Athena’s solicitation of proxies for its special meeting of stockholders to be held to approve, among other things, the proposed business combination and related transactions, because these materials contain important information about Heliogen, Athena and the proposed business combination and related transactions. The definitive proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to stockholders of Athena as of November 23, 2021. Stockholders may also obtain a copy of the preliminary or definitive proxy statement/prospectus, once available, as well as other documents filed with the SEC by Athena, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Phyllis Newhouse, President and Chief Executive Officer, Athena Technology Acquisition Corp., 125 Townpark Drive, Suite 300, Kennesaw, GA 30144, or by telephone at (970) 924-0446.
Participants in the Solicitation
Athena, Heliogen and their respective directors and executive officers and other persons may be deemed to be participants in the solicitations of proxies from Athena’s stockholders in respect of the proposed business combination and related transactions. Information regarding Athena’s directors and executive officers is available in its Registration Statement on Form S-1 and the prospectus included therein filed with the SEC on March 3, 2021. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests are contained in the definitive proxy statement/prospectus related to the proposed business combination and related transactions, and which can be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This communication shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Athena Technology Acquisition Corp.
Athena Technology Acquisition Corp. is an entirely women-led special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the technology, direct-to-consumer and fintech industries.
About Heliogen
Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996. For more information about Heliogen, please visit heliogen.com.
Athena Technology Acquisition Corp. Contacts
For Media:
Berns Communications Group
This email address is being protected from spambots. You need JavaScript enabled to view it.
(973) 727-8400
(917) 922-4435
Heliogen Contacts
For Media:
This email address is being protected from spambots. You need JavaScript enabled to view it.
For Investors:
Caldwell Bailey
ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
US Renewable EV Charging focused Company envisages going public via RTO, merger or traditional IPO.
WILMINGTON, Del.--(BUSINESS WIRE)--MW Solar, LLC (MW Solar) is pleased to announce that it has signed an agreement ("Agreement") with GEM Global Yield LLC SCS ("GEM"), the Luxembourg based private alternative investment group, to provide MW Solar with a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common stock to GEM. MW Solar will control the timing and the maximum size of such drawdowns and has no minimum drawdown obligation.
Randy Wright, Co-Founder stated that “GEM’s commitment provides certainty of capital as we focus toward listing on a national public stock exchange.”
John Maggi, Co-Founder added that “This agreement with GEM greatly positions us for our next stage in development as we grow and expand our entirely green-renewable energy ARC EV ChargingTM network."
About MW Solar
MW Solar is developing a large-scale multi-location EV Charging network, under its ARC EV ChargingTM brand, with an established fuel distribution partner having over 1,200 service station locations on the East Coast of the United States, as well as travel plazas throughout the region. MW Solar has a unique business model in that it brings an entirely green energy solution to the EV Charging industry.
About GEM
Global Emerging Markets (“GEM”) is a $3.4 billion, alternative investment group with operations in Paris, New York, and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 500 transactions in 70 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities and select venture investments. For more information: http://www.gemny.com
Forward-Looking Statements
The information contained in this press release includes "forward-looking statements." All statements, other than statements of historical fact included in this press release, regarding our strategy, future operations, financial position and outlook and plans and objectives of management are forward-looking statements. Particularly, all statements regarding our expectations of future results, performance, achievements, milestones, prospects or opportunities or the markets in which we operate are forward-looking statements. When used in this press release, forward-looking statements can be identified by the use of forward-looking terminology such as: "envisages", "looks to", "moves to", "could", "should", "may", "expects", "believes", "anticipates", "intends", "estimates", "projects", "outlook", "potential", "likely", "forecast", "probable", "plans", or variations of such words and phrases. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking statements.
These forward-looking statements are subject to a number of significant known and unknown risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those expressed or implied by such statements. Important factors that could cause actual results to differ materially from our expectations include: (i) uncertainties relating to the public listing process and whether we are able to achieve a public listing in the near future, or at all, (ii) our ability to meet our relevant milestones for our product pipeline; (iii) the extent of adoption of our technology and/or products and the realized benefits from such adoption; (iv) the impact of competition, (v) our ability to attract and retain key personnel, including our proposed management team; (vi) our ability to execute on and finance our growth plans; (vii) our ability to perform and progress our research and development and our plans for future product development; (viii) our ability to maintain our strategic partnerships and capitalize on product developments generated through our research and development efforts; (ix) our ability to obtain and maintain existing financing on acceptable terms; currency exchange and interest rates; (xi) changes and trends in the pharmaceutical and healthcare industry or the global economy; (xii) changes in the size of target markets for our product candidates; (xiii) our ability to maintain, expand and protect our intellectual property portfolio; and (xiv) changes in laws, rules, regulations, and global standards relating to our industry.
The forward-looking statements contained in this press release represent our expectations as of the date of this press release (or as the date they are otherwise stated to be made) and are subject to change after such date. However, we undertake no obligation to correct, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
For further information: To learn more about MW Solar please visit https://mwsolarenergy.com
Randy Wright and John Maggi
This email address is being protected from spambots. You need JavaScript enabled to view it.
KADAPA, India--(BUSINESS WIRE)--AG&P Pratham in India, the City Gas Distribution (CGD) arm of Singapore-based AG&P Group, a leading downstream LNG platform and infrastructure development company, held a groundbreaking ceremony last week to celebrate the start of construction for its Liquefied Compressed Natural Gas (LCNG) station in Andhra Pradesh. The AG&P Pratham LCNG station is the second in the state and third in South India.
The groundbreaking ceremony was graced by Shri G Sesha Reddy, Honorable Chairman, IALA, Puttlampalli and Shri Rajoli Veera Reddy, Advisor to Andhra Pradesh Government for Industrial Promotion, in the presence of AG&P Pratham representatives Shri Baiju Nainan, Chief Marketing Officer and Shri Gumalapalli A Venkatesh, Assistant Vice President.
Located at YSR Kadapa district, the station comprises of two storage tanks with capacity of 56 KL of LNG storage and gasification. The LCNG station will provide uninterrupted access of natural gas to commercial, industrial, and residential customers and supply Compress Natural Gas (CNG) to help cars, taxis, and buses transition seamlessly to run on clean fuel in the region. AG&P Pratham has two CNG stations in operation currently in the YSR Kadapa District with 10 more to be commissioned by March 2022. In addition, AG&P Pratham is laying pipelines in YSR Kadapa town and industrial estate Putlampalli IDA to deliver Piped Natural Gas (PNG) directly into thousands of homes, businesses, and factories.
“The construction of AG&P Pratham’s wholly-owned LCNG station in Andhra Pradesh is an important milestone in the roll-out of vital gas networks being developed in India. It is in lockstep with the country’s commitment to achieve 15% of natural gas in its primary energy mix by 2030. Over the next eight years, we will be building nine LCNG Stations and 134 CNG stations in YSR Kadapa and Anantapur, connecting factories, small-mid-large scale companies, over 10,00,000 households and the transport sector, ensuring reliable supply of this safe, competitive and eco-friendly fuel. Upon its commissioning, Andhra Pradesh will have access to natural gas that will accelerate industrialization, create jobs, reduce pollution and foster a healthier environment, improving the quality of lives for many Indians in the state,” said Mr. Chiradeep Dutta, Chief Operations Officer, AG&P Pratham.
About AG&P Group: Atlantic Gulf & Pacific (AG&P) develops LNG import and regasification facilities as well as downstream city gas networks. AG&P also provides engineering and project management services for LNG and other infrastructure. AG&P is part-owned by Osaka Gas, JBIC (the Japan Bank of International Cooperation) and Asiya, a publicly-traded Kuwait fund, as well as its management.
About AG&P Pratham: Operating under the brand of AG&P Pratham, AG&P City Gas is one of the largest private City Gas Distribution (CGD) companies in India. The company is developing CGD networks across 12 concessions in the Indian states of Rajasthan, Andhra Pradesh, Tamil Nadu, Karnataka, and Kerala.
AG&P Media
Anupam Ahuja
SVP, Strategic Services, AG&P Group
This email address is being protected from spambots. You need JavaScript enabled to view it.
+63 (998) 966 5444
DUBLIN--(BUSINESS WIRE)--The "Electric Aircraft Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Electric aircraft are powered by electricity via one or more electric motors which drive the propellers. In this type of aircraft, electricity is supplied via a variety of methods, the most common being batteries or solar cells. The electric aircraft industry is currently in the introduction stage of the industry life cycle and is expected to witness its growth stage during 2021-2030.
In the year 2020, the electric aircraft market witnessed a relatively negligible impact of the Covid-19 pandemic as the industry is still at the introduction stage. The electric aircraft market is likely to grow at a lucrative CAGR of 168% over the next five years to reach US$ 6.6 billion in 2026, owing to the ongoing efforts of governments and companies towards introducing Urban Air Mobility across countries/regions.
Based on the aircraft type, the electric aircraft market is segmented as ultralight aircraft and light aircraft. As of 2020, ultralight aircraft type was the only electric aircraft commercially available in the industry. It is projected to increase at a CAGR of more than 100% during 2020-2026, driven by increasing focus towards sustainable means of air travel.
Based on the technology type, the market is segmented as all-electric aircraft and hybrid aircraft. All-electric aircraft is expected to remain the dominant technology type in the market during the forecast period. A higher focus towards developing 100% emission-free and noise-free air mobility is the primary driver for the higher growth and adoption of all-electric aircraft as compared to hybrid aircraft.
Based on the range type, the electric aircraft market is segmented as less than 500 km and more than 500 km range. Less than 500 km range holds the major share of the electric aircraft market and is expected to be the faster-growing segment during the forecast period. Currently, all-electric aircraft are operating at less than 500 Km range with limited battery storage capacity and energy density.
In terms of regions, Asia-Pacific accounted for a majority of the share, primarily driven by EHang's AAV sales in China. Europe was another major market driven by Pipistrel electric aircraft sales in France, the UK, the Netherlands, Norway, and Switzerland. North America is expected to expand at the highest rate, driven by a strong roadmap for establishing UAM networks across different cities.
Key Players:
Key Topics Covered:
1. Executive Summary
2. Electric Aircraft Market Overview and Segmentation
2.1. Market Classification
2.1.1. By Aircraft Type
2.1.2. By Technology Type
2.1.3. By Range Type
2.1.4. By Region
2.2. Supply Chain Analysis
2.3. Industry Life Cycle Analysis
2.4. PEST Analysis
2.5. SWOT Analysis
3. Electric Aircraft Market - The COVID-19 Impact Assessment
3.1. Electric Aircraft Market Trend and Forecast (US$ Million)
3.2. Electric Aircraft Market Growth Forecast
3.3. Market Scenario Analysis: Pessimistic, Most Likely, and Optimistic
3.4. Regional Analysis (US$ Million)
3.5. Market Drivers
3.6. Market Challenges
3.7. Expert Opinion
4. Competitive Analysis
4.1. Geographical Presence of Major Players
4.2. Leading Players in the Market
4.3. Market Share Analysis
4.4. Porter's Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry
5. Electric Aircraft Market Trend and Forecast by Aircraft Type (2015-2026)
5.1. Segment's Analysis
5.2. Ultralight Aircraft: Regional Trend and Forecast (US$ Million)
5.3. Light Aircraft: Regional Trend and Forecast (US$ Million)
6. Electric Aircraft Market Trend and Forecast by Technology Type (2015-2026)
6.1. Segment's Analysis
6.2. All-Electric Aircraft: Regional Trend and Forecast (US$ Million)
6.3. Hybrid Aircraft: Regional Trend and Forecast (US$ Million)
7. Electric Aircraft Market Trend and Forecast by Range Type (2015-2026)
7.1. Segment's Analysis
7.2. Less Than 500 Km: Regional Trend and Forecast (US$ Million)
7.3. More Than 500 Km: Regional Trend and Forecast (US$ Million)
8. Electric Aircraft Market Trend and Forecast by Region (2015-2026)
8.1. Region's Analysis
8.2. North American Electric Aircraft Market Trend and Forecast by Country (US$ Million)
8.3. European Electric Aircraft Market Trend and Forecast by Country (US$ Million)
8.4. Asia-Pacific's Electric Aircraft Market Trend and Forecast by Country (US$ Million)
8.5. Rest of World's Electric Aircraft Market Trend and Forecast by Sub-Region (US$ Million)
9. Strategic Growth Opportunities
9.1. Summary
9.2. Market Attractiveness by Region
9.3. Market Attractiveness by Country
9.4. Emerging Trends
9.5. Growth Matrix Analysis
9.6. Key Success Factors
10. Company Profile of Key Players
10.1. Archer Aviation
10.2. Guangzhou EHang Intelligent Technology Co. Ltd
10.3. Joby Aviation
10.4. Lilium GmbH
10.5. Pipistrel Aircraft
For more information about this report visit https://www.researchandmarkets.com/r/1p61k8
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Committed to achieve RE100 goal of running on 100% renewable energy by 2030
BILLERICA, Mass.--(BUSINESS WIRE)--#EInk--E Ink, the originator, pioneer, and global commercial leader in digital paper technology, pledged on December 23 to achieve Net Zero Carbon Emissions by 2040. E Ink has been working for several years towards zero carbon emissions to help mitigate the impact of climate change and to promote sustainable technologies. E Ink has a three phase plan to reach their commitment of Net Zero Carbon Emission by 2040. In the first phases, E Ink aims to achieve 40 percent of renewable energy use by 2025 and 100 percent renewable energy use to implement the RE100 target by 2030.
According to the evaluation of the FTSE Russell Green revenue 2.0 Data Model1 under the Energy Management Efficiency IT Process sub-sector, E Ink was identified as having 99.93% of Green Revenue in 2020 and has a positive impact on the environment, highlighting the environmental benefits of ePaper products.
To achieve the goal of net zero carbon emissions, E Ink has not only implemented measures on technologies and products, but has also conducted an investigation to assess the greenhouse gas generated by all sites globally. Indirect carbon emissions from energy use in operations and manufacturing account for a significant portion of E Ink's total carbon emissions within the company. Therefore, using renewable energy will be the key to realize net zero carbon emissions. In addition to increasing the proportion of renewable energy use year over year, E Ink will also improve energy use efficiency and reduce the overall energy use and consumption of environmental resources in product development, manufacturing, and corporate operations.
"The impact and threat of climate change on the environment will be a challenge faced by the world. As a global citizen, E Ink has implemented a zero carbon emission plan on manufacturing and operation, and is also committed to carbon reduction throughout ePaper technology development and product design. Focusing on even lower energy consumption and material use allows the low-carbon and energy-saving ePaper technology to realize its environmentally friendly potential," said the Chairman of E Ink, Johnson Lee. “We are also working with our ecosystem and supply chain partners to take actions on reducing their carbon emissions to fulfill our responsibilities as global citizens through the net zero carbon emission initiatives.”
In addition to launching the net zero carbon emission initiatives within the company and the ePaper ecosystem, E Ink has also participated in advocacy organizations dedicated to environmental sustainability. In October 2021, E Ink became a Task Force on Climate-Related Financial Disclosures Supporter (TCFD Supporter). It will follow the TCFD framework to identify risks and opportunities of climate change, and introduce scenario analysis of physical risks and transformation risk to adapt the net zero carbon emission strategy and plan with quantitative indicators.
In the future, E Ink also plans to participate in organizations such as RE100, SBTi and related initiatives to declare commitment to "Net Zero Carbon by 2040".
About E Ink Holdings
E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, has transformed and defined the eReader market, enabling a new multi-billion dollar market in less than 10 years. E Ink’s low power products are ideal for IoT applications ranging from retail, home, hospital, transportation and more, enabling customers to put displays in locations previously impossible. The Company’s corporate philosophy aims to deliver revolutionary products, user experiences and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper displays as well as expanding the use of its technologies into a number of other markets and applications including smart packaging and fashion. Its Electrophoretic Display products make it the worldwide leader for ePaper. Its Fringe Field Switching (FFS) technologies are a standard for high-end LCD displays and have been licensed to all major liquid crystal display makers in the world. Listed in Taiwan's Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world's largest supplier of ePaper displays. For more information please visit www.eink.com.
*1 FTSE Russell Green revenue 2.0 Data Model uses quantitative indicators to evaluate the relations between corporate revenue and the environmental impact. The calculated revenue comes from design, development, manufacturing, or importing energy efficiency-related information and services.
E Ink:
Anna Halstead
Racepoint Global
617-624-3213
This email address is being protected from spambots. You need JavaScript enabled to view it.
KILGORE, Texas--(BUSINESS WIRE)--Martin Resource Management Corporation (“MRMC”), announced today that Martin Resource LLC (“MRLLC”), a wholly owned subsidiary of MRMC, exercised its call right options with Senterfitt Holdings Inc. (“Senterfitt”) to acquire a 49% voting interest (50% economic interest) in MMGP Holdings LLC (“Holdings”). Holdings is the sole owner of Martin Midstream GP LLC (the “General Partner”), the general partner of Martin Midstream Partners L.P. (Nasdaq: MMLP) (“MMLP”). Upon closing MRMC indirectly holds 100% of the membership interests in Holdings and the General Partner. The transaction was effective December 22, 2021.
In addition to its interest in Holdings, MRMC, through various wholly-owned subsidiaries, is one of the largest unit holders of MMLP owning approximately 6.1 million common limited partnership units of MMLP.
About Martin Resource Management Corporation
MRMC through its various subsidiaries is an independent provider of marketing and distribution services for fuel oil, asphalt, diesel fuel and high-quality naphthenic lubricants. The privately-held company is based in Kilgore, Texas and was founded in 1951 by R.S. and Margaret Martin. MRMC indirectly holds 100% of the membership interests in Holdings, the sole member of the General Partner of MMLP.
About Senterfitt Holdings Inc.
Senterfitt is wholly-owned by Ruben S. Martin, III, President and Chief Executive Officer of MRMC, and holds various personal investments on Ruben S. Martin's behalf.
About Martin Midstream Partners
MMLP, headquartered in Kilgore, Texas, is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. MMLP's primary business lines include: (1) terminalling, processing, storage, and packaging services for petroleum products and by-products; (2) land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; (3) sulfur and sulfur-based products processing, manufacturing, marketing and distribution; and (4) natural gas liquids marketing, distribution, and transportation services. To learn more, visit www.MMLP.com. Follow Martin Midstream Partners L.P. on LinkedIn and Facebook.
MMLP-C
Sharon Taylor
Chief Financial Officer
(877) 256-6644
This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON--(BUSINESS WIRE)--#BurnInjury--Our thoughts are with the four people who were rushed to the hospital in the early hours of this morning due to an explosion in a Baytown refinery. ExxonMobil is reporting that four people were injured in the fire. The fire started at 1 AM in a plant that produces gasoline. Sheriff Ed Gonzalez said three of the injured workers were taken to the hospital by Life Flight and another was taken by ambulance. Residents near the Baytown plants have been asked to avoid the area so that emergency crews can work on securing the fire and cleaning the resulting destruction.
We have seen firsthand the impact of refinery injuries on an individual as well as their family. Williams Hart has represented fire and explosion victims for over 38 years. With our principal office in the oil and gas capital of Houston, Texas, we know from experience that petrochemical accidents impact the entire community. We are proud to have secured billions of dollars on behalf of explosion and fire victims.
Thousands of plant workers and their families rely on industry safety standards to keep their loved ones from harm. Managing Partner John Eddie Williams Jr. was born into a gulf coast union family. Williams Hart Boundas Easterby, LLP has represented unions since the firm's founding. When dangerous situations arise the lawyers at Williams Hart are here for workers. We help injured people to hold companies accountable and to secure the financial means to recover.
The BP refinery explosion in 2005 killed 15 and injured hundreds of others in Texas City. Williams Hart was there for the victims. We represented 150 injured workers who won just compensation for their injuries. We have now handled hundreds of explosion claims against major corporations including Phillips Petroleum Co, Bayer Material Science, and ARCO.
With this horrific incident so close to Christmas our prayers are with the families of the victims and we hope that the workers affected will be able to return home soon. We are deeply saddened to hear this news and wish those affected a swift recovery.
If you or a loved one was injured in this disaster contact Williams Hart immediately. Learn more about your rights and legal recovery process with a free case evaluation.
Logan Jack, Marketing Director
713-230-2200
This email address is being protected from spambots. You need JavaScript enabled to view it.
whlaw.com
PLANO, Texas--(BUSINESS WIRE)--Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a virtual panel discussion, Outlook for Carbon Capture, at the 2022 Goldman Sachs Global Energy and Clean Technology Conference on Wednesday, January 5, 2022, at 10:20 a.m. Eastern Time (9:20 a.m. Central Time). Mr. Kendall and other members of management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be available the same morning in the Investor Relations section of the Company’s website at www.denbury.com.
ABOUT DENBURY
Denbury is an independent energy company with operations and assets focused on Carbon Capture, Use and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO2 in its EOR operations and since 2013 has been active in CCUS through the injection of captured industrial-sourced CO2. The Company currently injects over three million tons of captured industrial-sourced CO2 annually, and its objective is to fully offset its Scope 1, 2, and 3 CO2 emissions within this decade, primarily through increasing the amount of captured industrial-sourced CO2 used in its operations. For more information about Denbury, visit www.denbury.com.
Follow Denbury on Twitter and Linkedin.
DENBURY CONTACTS:
Brad Whitmarsh, Executive Director, Investor Relations, 972.673.2020, This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Industrial Control Systems Security Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The industrial control systems security market is forecast to grow by $8.72 billion during 2021-2025, progressing at a CAGR of 7.30% during the forecast period.
The market is driven by increasing smart grid deployments in the power sector and increasing investments in IT security. The study identifies the growing need to improve security as another prime reason driving market growth during the next few years.
This report on the industrial control systems security market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering key vendors.
The industrial control systems security market is segmented as below:
By End-user
By Geographical Landscape
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. This report on industrial control systems security market covers the following areas:
Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/r/f7ifdu
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KENNESAW, Ga. & PASADENA, Calif.--(BUSINESS WIRE)--Athena Technology Acquisition Corp. (NYSE: ATHN) (“ATHN”), a publicly-traded special purpose acquisition company, today announced that its stockholders voted to approve the previously announced business combination with Heliogen, Inc. (“Heliogen”) at ATHN’s special meeting of stockholders (the “Special Meeting”) held today, December 28, 2021.
More than 91% of the votes cast at the Special Meeting were in favor of the approval of the business combination. ATHN stockholders also voted to approve all other proposals presented at the Special Meeting. ATHN plans to file the results of the Special Meeting, as tabulated by an independent inspector of elections, on a Form 8-K with the Securities and Exchange Commission tomorrow.
Subject to the satisfaction of certain other closing conditions, the business combination is expected to close on December 30, 2021. Following the closing, the combined company will be renamed “Heliogen, Inc.” and its common stock and warrants are expected to commence trading on the New York Stock Exchange under the symbols “HLGN” and “HLGNW,” respectively, on December 31, 2021.
About Athena Technology Acquisition Corp.
Athena Technology Acquisition Corp. is an entirely women-led special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the technology, direct-to-consumer and fintech industries.
About Heliogen
Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen fuel at scale – for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996. For more information about Heliogen, please visit heliogen.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement; (ii) the outcome of any legal proceedings that may be instituted against Athena, Heliogen or others following announcement of the business combination; (iii) the inability to complete the transactions contemplated by the business combination agreement; (iv) the ability to obtain or maintain the listing of Heliogen’s common stock on the NYSE following the business combination; (v) the risk that the proposed transaction disrupts current plans and operations as a result of the announcement and consummation of the business combination; (vi) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, the ability of Heliogen to grow and manage growth profitably, maintain relationships with customers, compete within its industry and retain its key employees; (vii) costs related to the proposed business combination; (viii) changes in applicable laws or regulations; (ix) the effect of the COVID-19 pandemic on Heliogen’s business; (x) the ability of Heliogen to execute its business model, including market acceptance of its planned products and services and achieving sufficient production volumes at acceptable quality levels and prices; (xi) Heliogen’s ability to raise capital; (xii) the possibility that Heliogen may be adversely impacted by other economic, business, and/or competitive factors; and (xiii) future exchange and interest rates. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the registration statement on Form S-4, as amended through November 19, 2021, in the definitive proxy statement / prospectus, dated December 3, 2021 and other documents filed by Athena from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Athena and Heliogen assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Athena nor Heliogen gives any assurance that either Athena or Heliogen, or the combined company, will achieve its expectations.
Athena Technology Acquisition Corp. Contacts
For Media:
Berns Communications Group
This email address is being protected from spambots. You need JavaScript enabled to view it.
(973) 727-8400
(917) 922-4435
Heliogen Contacts
For Media:
This email address is being protected from spambots. You need JavaScript enabled to view it.
For Investors:
Caldwell Bailey
ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Gulf Cooperation Council Interconnection Authority (GCCIA) with the support of CESI Middle East FZE, a subsidiary of CESI S.p.A. (Centro Elettrotecnico Sperimentale Italiano), a world-leading technical consulting and engineering company launched the GCC Day Ahead Market (DAM) Pilot Project at the Pavilion of the Gulf Cooperation Council at Expo 2020, in Dubai.
This ambitious project consists in the creation of an electronic platform for the pricing of electricity in GCC countries, as part of the first phase of the energy pricing project in the region. After the go-live, the pilot project is set to last over the course of six months, during which the Member States will be able to gather and leave feedbacks for further implementations in the future.
The GCC DAM Pilot Project is the first of its kind, as it represents a fundamental cornerstone for managing the energy exchange platform launched by the Electricity Interconnection Authority in 2018, an essential contribution to the development of the spot market for electricity trading. The Electricity Interconnection Authority has dedicated a full international team, in collaboration with CESI and ENERWEB, to manage and follow this project.
The GCC DAM Pilot Project aims to be a key-step for the evolution of the roadmap of the regional electricity market. This first phase aims at estimating electricity prices at a regional level and enhancing the expertise and skills on electricity trading topics. Due to the complexity of simulating day-ahead market scenarios, CESI has been involved in the creation of the new platform in terms of both quality assurance and project management support.
Matteo Codazzi, CESI Group CEO, stated: “This project is a true milestone for the electricity trading in the Gulf area, as it meets the need to implement tools that can support the shift from fossil fuels to renewable electricity sources for GCC countries. I am very proud of CESI involvement in the initiative: for years, we have been developing and using simulation tools for power markets in Europe and supporting traders and market operators, therefore, our expertise and tools can support the ambition of GCCIA, with the goal of modernizing the Gulf region’s energy market.”
Ahmed Ali Al-Ebrahim, GCC Interconnection Authority CEO added that “The authority has carried out many projects and efforts to develop the energy trade. Last year it launched a platform for bilateral energy exchange contracts, which contributed to an increase in energy exchanged between countries by about 20% and helped significantly improve the lead times of agreements between countries. This new project will only bring forward such development, projecting the region ahead into the future of electricity trading.”
Mr. Al-Ebrahim also highlighted the crucial role of this pilot project: “I want to thank all the key players that contributed to the launch of GCC DAM Pilot Project, which has met the enthusiasm of all member countries. The next six months will be challenging and exciting at the same time, as the feedback will be able to gather will help us not only to develop a better web-based tool, but also to possibly create new ones for ancillary markets and renewable energy markets, therefore supporting the undergoing energy transition amongst GCC countries.”
Floris Hendrikus Schulze, CESI Middle East Managing Director added: “The ground-breaking project was carried out by a professional team of GCCIA in partnership with CESI Middle East FZE. This project will, indirectly, boost the energy transition towards renewables and new innovations like Green Hydrogen and also supports a further expansion of the electricity infrastructure to neighbouring countries and continents like Africa, Asia and Europe by means of inter-regional HVDC interconnections which will enhance trading and exchange of electricity between countries and regions. We might even expect in the future a Pan Arabic energy market.”
CESI S.p.A (Centro Elettrotecnico Sperimentale Italiano) is a world-leading technical consulting and engineering company in the field of technology and innovation for the electric power sector. Through its Division KEMA Labs, CESI is the world leaderfor the independent Testing, Inspection and Certification activities in the electricity industry. With a legacy of more than 60 years of experience, CESI operates in 70 countries around the world and supports its global clients in meeting the energy transition challenges.
The company’s key global clients include major utilities, Transmission System Operators (TSOs), Distribution System Operators (DSOs), power generation companies (GenCosJ, system integrators, financial investors and global electromechanical and electronic manufacturers, as well as governments and regulatory authorities. In addition, CESI works in close cooperation with international financial institutions such as, among others, the World Bank Group, the European Bank yor Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank, the Asian Development Bank.
Major consulting services include: Power Systems studies and Power Market studies, Master Planning and Operational Planning, design and Owner’s Engineering for HVAC/HVDC Interconnections, Real Time Operations supervision and control, Asset Management, Integration of Renewable Energies and Storage Systems, design and Owner‘s Engineering of Smart Grids and Smart Metering deployments, Technological and Environmental Audits, Control and Regulation Systems for Power Plants, Engineering services for Testing Laboratories, Environmental Impact Assessments, Civil Engineering Services for hydro and renewable plants and Environmental Monitoring Systems for Electric Power Plants. CESI also develops and manufactures advanced solar cells, III-V triple junction GaAS for space and terrestrial application (CPV). CESI is a fully independent joint-stock company headquartered in Milan and with facilities in Arnhem, Berlin, Mannheim, Prague, Dubai, Knoxville (USA), Chalfont (USA), Rio de Janeiro, Santiago de Chile and Shanghai.
CESI Group External Relations Specialist
Luca Luciano Pincelli
This email address is being protected from spambots. You need JavaScript enabled to view it.
phone: +39 3204048410
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the decision to cancel its in-person attendance at CES 2022* in Las Vegas, U.S.A. due to the expansion of the novel coronavirus (COVID-19), and will only participate in the exhibit virtually. The company would like to express its deepest apologies to all those involved and who were planning to visit the company’s booth.
* Please see https://www.MitsubishiElectric.com/sites/news/2021/pdf/1221.pdf
About Exhibit Sites
About Mitsubishi Electric Corporation
With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company recorded a revenue of 4,191.4 billion yen (U.S.$ 37.8 billion*) in the fiscal year ended March 31, 2021. For more information, please visit www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of ¥111=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2021
Customer Inquiries
Global Strategic Planning & Marketing Group
Mitsubishi Electric Corporation
www.MitsubishiElectric.com/ssl/contact/company/form.html
Media Inquiries
Takeyoshi Komatsu
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2346
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.MitsubishiElectric.com/news/
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL Corporation” or the “Company”) today announced that in light of the recent surge in COVID-19 cases associated with the Omicron variant of the virus, the Company will hold its upcoming Annual Meeting (the “Annual Meeting”) in an entirely virtual format. The Annual Meeting is scheduled to be held on December 29, 2021, at 2:00 p.m. Central time.
A live audio and video of the Annual Meeting will be transmitted via a virtual platform. Information about how to access the virtual meeting can be found in the Company’s revised proxy statement, which is available at SEC.gov. Stockholders will need to visit https://web.lumiagm.com/260628927 and enter the control number included in the Notice of Internet Availability or proxy card that they should receive by mail. Stockholders who access the Annual Meeting online will be able to watch and listen to the meeting and vote online.
Stockholders who wish to still vote their shares in person may do so at the Omni Dallas Hotel, 555 Lamar Street, Dallas, Texas 75202. A live audio and video feed will be available, but the meeting will not be held in person.
Stockholders who have questions or who need assistance in voting their shares or accessing the virtual platform should contact the Company’s proxy solicitor, MacKenzie Partners, at (212) 929-5500 or Toll-Free (800) 322-2885.
The Company intends to provide an opportunity for stockholders to meet in-person with members of the Board of Directors and management when it is safe to do so.
About Texas Pacific Land Corporation
Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of our land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and treated produced water, revenue from our oil and gas royalty interests, and revenues related to saltwater disposal on our land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities.
Additional Information
In connection with the 2021 Annual Meeting, the Company filed a definitive proxy statement with the SEC on October 4, 2021, an Amendment No. 1 to the definitive proxy statement with the SEC on October 22, 2021, and a revised definitive proxy statement with the SEC on December 7, 2021. The definitive proxy statement, Amendment No. 1, and the revised definitive proxy statement, as well as the form of proxy, have been made available to the Company’s stockholders. Stockholders are urged to read the definitive proxy statement, as amended and revised, and any other documents filed by the Company with the SEC in connection with the 2021 Annual Meeting because they contain important information. Stockholders are able to obtain, for free, copies of documents filed with the SEC at the SEC’s website at http://www.sec.gov.
Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media Relations
Abernathy MacGregor
Sydney Isaacs / Jeremy Jacobs
This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it.
Achieves Monthly Record Issued Request for Quotations in December 2021
Provides Key Strategic Initiatives for 2022
TORONTO--(BUSINESS WIRE)--$KNR #esg--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, today provided a corporate update on its operations and strategic initiatives.
Request for Quotations
In December 2021, the Company issued a monthly record of approximately $23 million in new request for quotations, driven by continued growth across its operating platform. Kontrol is currently quoting more than $35 million in new potential revenue opportunities.
“We continue to expand opportunities within our existing customer base while working diligently to scale into additional markets with new customers,” said Paul Ghezzi, CEO of Kontrol Technologies. “Achieving a record month of quotations positions Kontrol for a continuation of substantial growth into 2022. Our core focus on sustainability, energy conservation, and greenhouse gas emission reduction are key drivers of our operating platform’s expansion.”
Kontrol provides request for quotations on an ongoing basis across its customer base. A request for quotation does not always result in a revenue generating project or opportunity. Historically, the Company has been able to convert more than 2/3rd of its request for quotations into revenue generating opportunities.
Key Strategic Initiatives for 2022
Following a year of record growth in 2021, Kontrol is focused on a number of key strategic initiatives for 2022 including but not limited to:
Kontrol Technologies Corp.
Kontrol Technologies Corp. is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com.
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company's product and service offering as expected; and government and regulatory factors impacting the energy conservation industry. Kontrol BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus).
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
This email address is being protected from spambots. You need JavaScript enabled to view it.
(905) 766.0400
Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 (949) 546.6326
CYPRESS, Calif.--(BUSINESS WIRE)--Yamaha Motor Corp., USA (YMUS), has announced Mike Chrzanowski has been appointed President and CEO, replacing Kazuhiro Kuwata, who served as President of YMUS since 2018.
Most recently serving as Senior Vice President of the YMUS Demand Chain Division, Chrzanowski’s strong background in manufacturing, his close relationships with each Yamaha product group, and his focus on customer value has positioned him to be an exceptional and well-rounded person to lead the company.
For nearly 20 years, Chrzanowski rose through the ranks at the Yamaha Motor Manufacturing Corporation of America (YMMC), Yamaha’s largest U.S.-based manufacturing facility located in Newnan, Georgia. Starting in 2001 as Plant 1 manager, he eventually became President of YMMC in 2017. As a leader in Yamaha’s US manufacturing operations, he worked closely with the company’s Motorsports, Golf Car and Watercraft divisions and Sales teams. His work has been instrumental in facilitating many milestone production accomplishments including the 1 millionth Golf Car, 1 millionth ATV, and the production of over 4 million vehicles in total from the Newnan facility.
Chrzanowski is a founding member of Yamaha’s Global Manufacturing Committee and Vice Chairman of Global Executive Transformation for Manufacturing. At YMUS, he started the Demand Chain Division to optimize the company’s supply and demand chains while increasing Yamaha and customer value.
“I am truly honored to be appointed as President and CEO of Yamaha Motor Corporation, USA, and I look forward to continuing my close working relationships with the Yamaha group companies, and our US subsidiaries, partners and suppliers who have all played a pivotal role in Yamaha’s success,” said Chrzanowski. “Yamaha products are known the world over for quality and reliability, and I am sincerely privileged to now lead our team of thousands of dedicated and passionate employees in the U.S.”
Chrzanowski graduated from Massachusetts Institute of Technology with dual Masters’ Degrees in Mechanical Engineering and Management. He holds a Bachelor of Science in Mechanical Engineering. Mike is married and has two adult children. In his spare time Mike enjoys competitive triathlons, recreational running, and mining as a hobby.
About Yamaha Motor Corporation, USA
Yamaha Motor Corporation, USA (YMUS), is a recognized leader in the outdoor recreation industry. The company's ever-expanding product offerings include Motorcycles and Scooters, ATV and Side-by-Side vehicles, Snowmobiles, WaveRunner Personal Watercraft, Boats, Outboard Motors, Outdoor Power Equipment, Power Assist Bicycles, Golf Cars, Power Assist Wheelchair Systems, Surface Mount Technology (SMT) and Robotic Machines, Unmanned Helicopters, Accessories, Apparel, Yamalube products, and much more. YMUS products are sold through a nationwide network of distributors and dealers in the United States.
YMUS has a corporate office in California, two corporate offices in Georgia, facilities in Wisconsin and Alabama, and factory operations in Tennessee and Georgia. Additional U.S.-based subsidiaries include Yamaha Marine Systems Company (YMSC) with divisions Bennett Marine (Florida), Kracor Systems (Wisconsin), Skeeter Boats (Texas), with division G3 Boats (Missouri), and Yamaha Precision Propeller (Indiana).
Bob Starr
Corporate Communications Manager
Yamaha Motor Corporation, U.S.A.
This email address is being protected from spambots. You need JavaScript enabled to view it.
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.