LONDON--(BUSINESS WIRE)--The first marine fast charging network operator, Aqua superPower (“Aqua”), and Tritium Holdings Pty Ltd (“Tritium” or the “Company”), a leading global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), today announced a strategic partnership to electrify transportation on global waterways. Aqua superpower has been rolling out its network of marine fast chargers, with recent installations along the Cote d’Azur and the Italian Riviera, another in Venice, and a further 150 chargers planned next year, with substantial deployment growth to come thereafter.
As the electric mobility revolution continues to take hold on the roads and in the skies, the shift towards electrification is also gathering pace across the marine world. Aqua superpower supports marinas, boat builders and boat owners in the drive to bring electric power to the water and reduce the impact of boating on marine ecosystems. As the demand for marine charging infrastructure grows, Aqua is collaborating with Tritium, a global leader in DC fast charging hardware and software, to deliver the first global marine-specialised fast charging network.
“We elected to work with Tritium for their forward-thinking technology, cutting-edge hardware architecture, and operational cost benefits,” said Aqua superPower’s CEO, Alex Bamberg. “The requirement for a joined-up network of reliable and fast marine chargers to create charging hubs and corridors for electric boat users is absolutely crucial if we are to secure the transition away from liquid carbon fuels. The fully sealed design of Tritium’s DC fast chargers and clarity of the user interface inherently provide the robustness and ease of use needed in the marine and freshwater environment.”
The charging speed provided by DC fast chargers is critical to the growth prospects of the e-boat industry. Aqua’s strategy is to supply reliable, high-speed charging to commercial and recreational marine craft users internationally.
Tritium’s IP65-rated technology provides the fully sealed, safe, and reliable charge that e-boat drivers need. The company’s RTM fast charger model was an ideal solution for Aqua with its twin CCS ports and simultaneous charging capability, enabling boat owners to spend less time charging. This is of particular advantage to commercial and working boat owners and operators, as the more frequent duty cycles made possible by the chargers make e-boat technology both more efficient and more beneficial for the environments in which it is used.
“The existing high-profile installations in Monaco, Portofino and Venice, together with other planned Aqua superPower and Tritium projects around the world, will support the electrification of marine transportation going forward. In the same way that passenger vehicles have reached the tipping point, the future for boating is an electrified fleet,” said Tritium’s CEO, Jane Hunter. “The Aqua team comes with experience in creating fast charging networks. We are delighted to work with them as a marine channel partner and provide the technology to help them pursue their goal for a dedicated marine fast charge network.”
Tritium’s robust, sealed-against-the-elements hardware combines seamlessly with Aqua superPower’s network and user management technology. The marine e-mobility ecosystem requires an easy and reliable user interface providing clear guidance to recharging points if adoption is to become widespread.
Aqua superPower’s network is accessible to marine users via the Aqua secure app, RFID card and contactless payment, with ‘Plug and Charge’ technology expected to be available in the future. The app will enable users to view a map showing charger options and offer navigational aids to guide them to their chosen location.
Aqua's adoption of Tritium’s technology will promote its mission to reduce the impact of boating on the marine environment by developing an all-electric and integrated global ecosystem of marine fast chargers. The collaboration will expand clean commercial water transport beyond luxury yachts, to ferries, shuttles, and watercraft used for everything from laundry and food delivery to fishing and passenger transport.
Notes to Editor
To download images: Aqua superPower Marine Charger Installations
About Tritium
Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium’s compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.
As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW, DCRNU) (“DCRN”), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium DCFC Limited (“NewCo”), which will be the going-forward company, becoming publicly listed. Completion of the proposed transaction is subject to customary closing conditions, including approval of DCRN’s stockholders, and is expected to occur in January 2022.
For more information, visit tritiumcharging.com.
About Aqua superPower
Aqua superPower is the first fully marinised dockside network of fast chargers for electric boats. Each station provides AC and DC charging with a current maximum power output of 150 kW, allowing DC compatible powerboats to rapidly recharge and extend their autonomy. Aqua has developed the first supercharger specifically engineered and rated for use in marine environments. Built to IP65 standards and constructed using Hydro CIRCAL recycled aluminium, Aqua superPower is a revolutionary and environmentally conscious marine charging solution.
Aqua superPower is the first fast charge network company awarded a grant under the Clean Maritime Demonstration Competition, funded by the UK Department for Transport, and delivered with Innovate UK. Led by the University of Plymouth with Plymouth City Council, Princess Yachts Limited and Aqua SuperPower as Technology Partner, Plymouth’s Marine e-Charging Living Lab (MeLL) will host the UK’s first charging network for electric maritime vessels. Aqua superPower’s marine fast charge technology and the MeLL project were show cased at COP26 Glasgow.
The global electric boat market is expected to be worth over $20 billion by 2027. There are currently over 30 million recreational boats in the world. According to Aqua superPower, assuming the boat market continues to grow in line with historical trends, it is likely there will be more than 1 million electric boats by 2030. Regulation will accelerate this trend. More and more areas will only be accessible to electric boats.
Source: IDTechEx, Electric Boats and Ships 2017-2027; Aqua estimates
For more information visit: www.aqua-superpower.com
About Decarbonization Plus Acquisition Corporation II
Decarbonization Plus Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors. These include the energy and agriculture, industrials, transportation and commercial and residential sectors. DCRN is sponsored by an affiliate of Riverstone Holdings LLC and represents a further expansion of Riverstone’s 15-year franchise in low-carbon investments, having established industry leading, scaled companies with more than US$5 billion of equity invested in renewables.
Forward Looking Statements
Certain statements made in this document are “forward-looking statements” with respect to the commencement of mailing of DCRN’s definitive proxy statement (the “Proxy Statement”), the special meeting of DCRN’s shareholders, the closing of the proposed business combination and including statements regarding the benefits of the business combination, the anticipated timing of the business combination, the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets,” “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the business combination or the private offering of ordinary shares in the capital of NewCo to a certain investor (the “PIPE Financing”) in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders, and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the business combination to be completed by DCRN’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed business combination or the PIPE Financing; the inability to recognize the anticipated benefits of the proposed business combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed business combination; costs related to the proposed business combination; the risk that the proposed business combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed business combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the business combination; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the business combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed business combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.
Important Information and Where to Find It
In connection with the proposed business combination, NewCo, which will be the going-forward public company, filed a preliminary registration statement on Form F-4, (as amended, the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement of DCRN. The Registration Statement is now effective, and the Proxy Statement will be mailed to DCRN stockholders of record as of the close of business on December 6, 2021. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PROXY STATEMENT (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) AND THE EFFECTIVE REGISTRATION STATEMENT AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.
Participants in the Solicitation
DCRN and its directors and executive officers may be deemed participants in the solicitation of proxies from DCRN’s stockholders with respect to the proposed business combination. A list of the names of those directors and executive officers and a description of their interests in DCRN is contained in DCRN’s filings with the SEC, including DCRN’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 31, 2021, and is available free of charge at the SEC’s web site at www.sec.gov. Additional information regarding the interests of such participants is set forth in the Registration Statement for the proposed business combination when available. NewCo and Tritium and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of DCRN in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the business combination is contained in the Registration Statement for the proposed business combination when available.
No Offer or Solicitation
This document does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business combination. This document also does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
Tritium Media Contact
Jack Ulrich
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tritium Investor Contact
Caldwell Bailey
ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Green Hydrogen Market Size, Share & Trends Analysis Report by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), Solid Oxide Electrolysis (SOE)), By Application (Transportation Fuel, Power Generation, Other), Forecast Period 2021-2027" report has been added to ResearchAndMarkets.com's offering.
The global green hydrogen market is anticipated to grow at a considerable CAGR of 11.8% during the forecast period (2021-2027).
The growing inclination towards sustainable sources of energy for power generation and transportation fuel is a key factor driving the growth of the global green hydrogen market. However, the high cost of its plant setup is likely to hinder its market growth during the forecast period.
The growing investment in green hydrogen projects to promote development of renewable sources of energy is likely to offer potential opportunity to the growth of the global green hydrogen market.
The global green hydrogen market is segmented based on technology and application. Based on technology, the market is segmented into Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), and Solid Oxide Electrolysis (SOE). SOECs have possible application in fuel production, carbon dioxide recycling, and chemicals synthesis. Therefore, SOE is expected to exhibit considerable growth during the forecast period. Based on application, the market is segmented into transportation fuel, power generation, and others.
Geographically, the global green hydrogen market is classified into North America, Europe, Asia-Pacific, and Rest of the World. Europe is anticipated to have a significant market share in the global market. The growth of the region is being primarily driven by the presence of green hydrogen projects across the region. Asia-Pacific is estimated to have considerable growth in the global market during the forecast period. Presence of cohesive government initiatives is likely to drive the growth of the regional market.
The key players that are contributing significantly to the growth of the global green hydrogen market include Haldor Topsoe A/S, Ballard Power Systems Inc., CF Industries Holdings, Inc., Man Energy Solutions SE, and others.
These companies are making continuous investments in R&D to make progress in producing technologically advanced green hydrogen. Mergers & acquisitions, geographical expansion, production capacity expansion, partnerships, and collaborations are some of the key strategies adopted by the market players to remain competitive in the market place.
Market Segmentation
The Report Covers
Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/9c5ijg
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
DUBLIN--(BUSINESS WIRE)--The "Industrial Degreaser Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The growing end-user industries such as automotive, marine & defense, aerospace, pharmaceuticals, oil & gas, and agriculture are expected to support the industrial degreaser's market growth.
The market is moving towards more environment-friendly and zero to low VOCs in products, determining market leadership in a competitive scenario. The solvent-based cleaning agent is gaining popularity owing to its usage of removing unwanted materials from motors or machines and increasing the shelf life of these materials. End-users widely adopt these cleaning products due to new technologies in the industry cleaning services market. The cheap labor and easily accessible raw materials are shifting automotive manufacturers such as Chevrolet, Audi, Volvo, and others to establish their plants in the APAC region, driving the market for industrial degreasers.
The following factors are likely to contribute to the growth of the industrial degreaser market during the forecast period:
The study considers the present scenario of the industrial degreaser market and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
This research report includes a detailed segmentation by
SEGMENTATION ANALYSIS
Segmentation by Type
Segmentation by Grade
Segmentation by Application
Segmentation by Geography
VENDOR LANDSCAPE
BASF, Dow Chemical, Evonik Industries, 3M are the major vendors in the global industrial degreaser industry. The rapid change in market dynamics regarding product innovation and advancement is acting as a catalyst to intensify the competition among existing players in the industry. Vendors are expected to develop new technologies and remain abreast with upcoming innovations to have a competitive advantage over other vendors. Sustainability is the critical strategic approach in giving a competitive edge.
Key Company Profiles
Other Prominent Vendors
For more information about this report visit https://www.researchandmarkets.com/r/5sp6u6
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
Includes Organizations in Northern and Central California That Support Disadvantaged, Vulnerable, and Historically Underserved Communities
SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced the 2021 recipients of its new Resilience Hubs grants, a program that provides support for local, safe gathering places and access to critical services during extreme weather events and other emergency situations.
The Resilience Hubs grant program is in its first of five years and aims to help communities create a physical space or set of resources that supports community resilience—such as access to power, shelter, and information—to climate-driven disruptions as well as Public Safety Power Shutoff events. Once developed, these resilience hubs can also be accessed year-round as a community resource.
The program awarded $25,000 each to four Feasibility Projects to fund an assessment of resilience hub needs and/or conceptual ideas for a resilience hub. Grant recipients are the following organizations:
Additionally, the program awarded $100,000 each to three Design and Build Projects toward the design and/or creation of a resilience hub to the following grant recipients. Through these projects, the organizations will either plan and design new physical spaces or mobile resources, or retrofit existing buildings or structures to support community resilience.
“Communities across California need safe gathering places during extreme climate-driven weather events or other local emergencies,” said Carla Peterman, Executive Vice President, Corporate Affairs and Chief Sustainability Officer for PG&E Corporation. “Through these grants, PG&E is seeing and meeting an emerging need in California, helping our hometowns develop resilience hubs in a sustainable manner to support their residents for years to come.”
Feasibility Projects: Profiles of Grant Recipients
Design and Build Projects: Profiles of Grant Recipients
About the Resilience Hubs Grants
The Resilience Hubs grant program will award $400,000 annually over five years. Grants for the Resilience Hubs grant program were distributed through a competitive solicitation and bid process to eligible nonprofit or government organizations (including tribal governments) within PG&E’s service territory. Priority was given to proposals that addressed the needs of disadvantaged and/or vulnerable communities. Grants are funded by PG&E shareholders as part of the company’s investments in statewide wildfire resiliency and response, in accordance with a mandate from the California Public Utilities Commission. Please check the Resilience Hubs grant program website for more information.
About PG&E
PG&E, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.
MEDIA RELATIONS:
415-973-5930
Production System Binder Jetting Technology Enables the Mass Production of High-Performance Copper Parts for Automotive, Aerospace, and Electronics
BOSTON--(BUSINESS WIRE)--#3Dprint--Desktop Metal (NYSE: DM) today announced it has qualified commercially pure copper (> 99.95% purity) for additive manufacturing on the Production System™ platform, which leverages patent pending Single Pass Jetting™ (SPJ) technology designed to achieve the fastest build speeds in the metal additive manufacturing industry. Customers can now leverage SPJ technology for the production of high-performance copper parts at scale across a broad variety of industries, including automotive, aerospace, and electronics.
With its excellent thermal and electrical conductivity, commercially pure copper is an ideal material for applications requiring heat or electricity transfer, such as cold plates, pucks and manifolds, heat sinks, heat exchangers, and bus bars used in power-intensive electrical applications. It is the third-most-consumed industrial metal in the world.
“Copper has been a highly requested material from many of our customers and prospects, and has applications spanning a broad variety of industries, from thermal hardware found in air and liquid cooling systems to conformally cooled coils for transmission of high frequency currents,” said Jonah Myerberg, co-founder and CTO of Desktop Metal. “We are excited to be able to expand our extensive Production System materials portfolio to support customers looking to 3D print electrically and thermally conductive components at scale and at a fraction of the cost of conventional manufacturing methods.”
Desktop Metal’s materials science team has qualified and fully characterized commercially pure copper (C10300) printed on Production System technology with greater than 99.95 percent purity, enabling excellent thermal and electrical conductivity. Manufacturers can now print copper parts on the Production System with significant geometric complexity in a single step instead of brazing multiple conventionally produced copper components together, eliminating a time-intensive and expensive process prone to error and waste. With the geometric freedom enabled by binder jetting, engineers can also explore new, high-performance designs not possible with conventional manufacturing methods, such as the lattice structures and conformal cooling channels to improve heat transfer.
An example of a key application includes:
The Production System - World’s Fastest Way to 3D Print Metal Parts At-Scale
Created by the inventors of binder jetting and single-pass inkjet technology, the Production System is an industrial manufacturing platform powered by Desktop Metal’s SPJ technology. It is designed to achieve speeds up to 100 times those of legacy powder bed fusion additive manufacturing technologies and enable production quantities of up to millions of parts per year at costs competitive with conventional mass production techniques.
The Production System platform consists of two printer models: the P-1, a solution for process development and serial production applications, and the P-50, a large form factor mass production solution for end-use parts. The Production System combines Desktop Metal engineered binders with an open material platform, allowing customers to produce high-performance parts using the same low-cost metal powders used in the Metal Injection Molding (MIM) industry. An inert processing environment enables compatibility with a variety of materials, including high-performance alloys and even reactive metals, such as aluminum and titanium. To learn more about the Production System, visit: www.desktopmetal.com/products/production.
In addition to copper, the materials library for the Production System platform has expanded to include D2 tool steel, 420 stainless steel, nickel alloy IN625, 4140 low-alloy steel, 316L stainless steel, and 17-4PH stainless steel, each of which have been qualified by Desktop Metal. The platform also supports several customer-qualified materials, including silver and gold, and Desktop Metal plans to add additional metals to its portfolio, including tool steels, stainless steels, superalloys, and more.
To learn more about copper and the Production System materials portfolio, visit: www.desktopmetal.com/materials.
About Desktop Metal
Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum, named to MIT Technology Review’s list of 50 Smartest Companies, and the 2021 winner of Fast Company’s Innovation by Design Award in materials and Fast Company’s Next Big Things in Tech Award for sustainability. For more information, visit www.desktopmetal.com.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. 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, uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to, the risks and uncertainties set forth in Desktop Metal, Inc.'s filings with the U.S. Securities and Exchange Commission. 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 Desktop Metal, Inc. assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Media Relations:
Caroline Legg
This email address is being protected from spambots. You need JavaScript enabled to view it.
(203) 313-4228
Investor Relations:
Jay Gentzkow
This email address is being protected from spambots. You need JavaScript enabled to view it.
(781) 730-2110
DUBLIN--(BUSINESS WIRE)--The "Global Oilfield Chemicals Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.
The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market analysis, trends, market dynamics, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Oilfield chemicals are chemical compounds with applications in Improved Oil Recovery, Drilling Optimization, and Corrosion Protection. According to the publisher, the Global Oilfield Chemicals Market is expected to witness a significant growth rate during the forecasted period. Factors such as the increasing demand and its wide application in oil exploration and production activities, demand for advanced drilling fluid, and rapid expansion of shale drilling & production. Further, due to the growing urbanization and increasing population, the need to fulfill the global energy demand is projected to drive the Global Oilfield Chemicals market.
Further, the increased usage and demand for shale gas and oil across the industry is expected to drive the market. Rising demand for advanced drilling fluid and the growing preference for deep and ultra-deepwater drilling is projected to drive the market. However, frequent crude oil fluctuations, geopolitical tensions, increases in environmental concerns, and expensive disposal techniques are expected to hinder the growth of the Oilfield Chemicals market. Oilfield Chemicals are used to drill and explore gas and oil as demulsifiers, rheology modifiers, surfactant, stimulation chemicals, corrosion inhibitors, anti-corrosion agents, iron control agents, among others.
With thousands of drilling rigs in the world and increasing crude oil production annually to fulfill the increasing demand to meet the energy requirement, and with both organic and inorganic base chemicals used, the drilling and cementing segment is set to drive the market for the global oilfield chemicals. Contract drilling company, Transocean limited reported drilling revenues at USD 653 million in its 2021 quarter one results. Since drilling and cementing is essential to every oil and gas exploration, the need for oilfield chemicals is expected to rise. Nabors Industries, one of the leading drilling companies globally, posted USD 461 million as revenue in their 2021 quarter one results. Further, there is an increased preference for deep and ultra-deepwater drilling, with oil and gas giant ExxonMobil increasing its holding in Argentina to add around 2.6 million net acres to its total holding. Therefore the use of Oilfield Chemicals for drilling and cementing is expected to grow and drive the overall market in the future.
Some of the market's key players are Akzo Nobel N.V, BASF SE, Baker Hughes, Schlumberger Limited, Clariant AG, Solvay S.A., among others.
Key Topics Covered:
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/9wbxtx
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
WASHINGTON & CHICAGO--(BUSINESS WIRE)--Nodal Exchange and IncubEx today announced the upcoming launch of four brand new environmental futures on January 7, 2022, bringing the largest market for environmental products in the world to 100 futures and options contracts.
Pending regulatory review, Nodal will list physically-delivered futures contracts on:
Nodal also will extend existing vintages on 16 futures and five options contracts including:
The California Carbon Offset contracts mark a further expansion of Nodal’s existing California environmental product suite consisting of California Carbon Allowance (CCA) Futures and Options, Low Carbon Fuel Standard (LCFS) Futures and Options and Portfolio Content Category (PCC) 3 Futures. Both the California Carbon Offset 8 and California Offset 0 Futures call for physical delivery of carbon offsets, issued by the California Air Resources Board (CARB) in accordance with the California Cap-and-Trade program.
The Maine Class 1A and Massachusetts CES-E Futures add to the largest set of REC futures on any exchange.
"These new products further demonstrate our focus on working with customers and Nodal Exchange to deliver products based on market feedback," said Dan Scarbrough, President and COO at IncubEx. "There is no doubt environmental markets are seeing unprecedented tailwinds and interest, increasing the need for innovative risk management products."
The new contracts add to the broadest suite of exchange listed environmental products in the world and build on the carbon, REC and renewable fuels credit futures and options offered on Nodal. With the launch of the new contracts, Nodal will list 100 distinct futures and options environmental contracts, 54 of which are listed only on Nodal.
"Nodal Exchange not only features the largest environmental market in the world but continues to increase volumes and open interest across the products," said Paul Cusenza, Chairman and CEO of Nodal Exchange. "Open interest in our environmental markets topped a record 180,000 contracts and total notional value traded in the products surpassed $1.8 billion in 2021. We look forward to building these markets further in 2022 with IncubEx and our customers."
About IncubEx
IncubEx develops products, services and technology solutions in global environmental, climate risk and related commodity markets by working with its global partners, leading service providers and stakeholders. A privately held company, IncubEx has built the largest global suite of listed environmental products with its exchange partners at EEX and Nodal Exchange, operates The Voluntary Climate Marketplace (TVCM) with Trayport, and is the parent company of Insurwave. Founded in 2016 with offices in Chicago and London, IncubEx is uniquely positioned to capture these opportunities globally with its partners. For more information, please visit https://theincubex.com/.
About Nodal
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the world’s largest set of electric power locational (nodal) futures contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. In addition, Nodal Exchange offers natural gas and environmental contracts. All Nodal Exchange contracts are cleared by Nodal Clear which is a CFTC registered derivatives clearing organization. Nodal Exchange is a designated contract market regulated by the CFTC.
Jim Kharouf
IncubEx
Phone: 773-391-0439
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Nicole Ricard
Nodal Exchange
Phone: 703-962-9816
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Rising Electrified Vehicle (EV) Orders Signal Accelerated Electric Transportation Future
MORGANTOWN, Pa.--(BUSINESS WIRE)--#BodiesThatMoveBusiness--In a significant step toward an electrified transport future, Morgan Truck Body is collaborating with SEA Electric and longtime Morgan-authorized distributor Central Trailer Service to fulfill orders for 40 EV truck bodies by year-end 2022.
“It takes exceptional collaboration to bring a major order like this to fruition,” says Tom Diez, Vice President, Sales & Marketing at Morgan Truck Body. “We especially appreciate working with SEA Electric and Central Trailer Service to serve and support the growing demand for fully electric trucks and fleets throughout North America. As electrification gains traction, Morgan will continue to provide the most innovative and technologically advanced commercial truck body solutions.”
The truck chassis features the zero-emission SEA Electric SEA-Drive® Power System, with a 1,106 lb-ft electric motor combined with a 138kWh battery pack, upfitted with Morgan’s lightweight Aluminum Dry Freight Body and enhanced safety features including back-up camera and bright LED lighting.
“This deal is possible because of years of research, development and growth, and proves that SEA Electric is on track to achieve its vision of becoming number one when it comes to electrifying fleets across the world," said Mike Menyhart, SEA Electric President - Americas and Chief Strategy Officer.
“As orders for EV commercial trucks accelerate, the decision was obvious to partner with Morgan Truck Body, the undisputed leader in body upfits and EV integration,” says Brad Bailey, Vice President at Central Trailer Service.
About Morgan Truck Body, LLC
Those who depend on trucks to move their business choose Morgan Truck Body. As the company prepares to celebrate its 70th Anniversary, Morgan remains committed to its mission to design, build, sell, and support the most reliable truck bodies in the world, as the preferred global partner providing innovative middle-mile solutions connecting the world’s supply chain. Founded in 1952 and headquartered in Morgantown, PA, Morgan Truck Body is the largest manufacturer of light- and medium-duty truck bodies in North America. Morgan employs over 2,300 team members in 14 manufacturing locations and 8 service centers across the United States and Canada. Morgan Truck Body, LLC is a subsidiary of JB Poindexter & Co, an owner-operated business enterprise providing best-in-class automotive and manufacturing goods and services for 70 years. www.MorganCorp.com
Media Contact: Todd Breneiser, 610-286-2438, This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON--(BUSINESS WIRE)--Regulatory News:
Schlumberger Limited (NYSE:SLB) will hold a conference call on January 21, 2022 to discuss the results for the fourth quarter and full year ending December 31, 2021.
The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.
To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 8858313.
A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until February 21, 2022, and can be accessed by dialing +1 (866) 207-1041 within North America or +1 (402) 970-0847 outside of North America, and giving the access code 3953842.
About Schlumberger
Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all.
Find out more at www.slb.com
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office +1 (713) 375-3535
This email address is being protected from spambots. You need JavaScript enabled to view it.
The utility partner of the clean energy transition broke records with perfected operations, seamless delivery and outstanding customer experience.
BOULDER, Colo.--(BUSINESS WIRE)--Uplight, the technology partner for energy providers transitioning to the clean energy ecosystem, has solidified its place as the premier provider of utility marketplaces, blowing away expectations of Black Friday and Cyber Monday sales of carbon-reducing and energy-saving products. After spending 12 years fine-tuning its Marketplace, Uplight confidently offers utility customers the most affordable, accessible and easy-to-install devices on the market, with bundled enrollment opportunities to maximize each customer interaction.
Uplight’s more than 30 utility partners are using unsurpassed scale to activate customers into purchasing energy saving devices and connecting them to the clean grid at higher rates than ever. This November, Uplight’s utility marketplaces outperformed their sales expectations, with the average utility achieving 112% of target. Collectively they sold more than 84,000 smart thermostats, a 22% year-over-year increase, with approximately 45% of those sales coming from the Black Friday and Cyber Monday sales. Promotional sales combined with utility rebates provided at the point of sale significantly reduced the upfront cost to customers, providing low-cost or free thermostats to customers. Smart thermostats provide utility customers up to 15% energy savings each year on cooling, delivering significant energy savings year after year. Additionally, Uplight enrolls 60% of eligible customers into demand response programs creating a more flexible grid.
Uplight creates world-class consumer experiences that result in increased utility customer satisfaction. Uplight’s average Net Promoter Score (NPS) across all of its Marketplaces is 72 (NPS of 65 is considered 'excellent' for most retailers), though it rose to 74 during the holiday shopping period. During the busiest time of the year, Uplight maintained its outstanding customer support for utility customers, beating service level agreements such as average speed of answer and time to fulfill by 50%. Uplight’s increased functionality, compared to competitors, drives more value for utility partners, leading to increased enrollment in utility programs such as demand response and managed charging.
“Our Marketplace is a one-stop shop for devices that help customers save energy, take advantage of instant rebates, enroll into relevant programs and connect to the clean grid in a smooth process that we’ve continually fine-tuned to deliver a better customer experience. Even in the year of supply chain disruption, we were able to increase device sales by more than 20%,” said Brad Chen, General Manager of Ecommerce at Uplight. “We’ve spent years focused on optimizing the customer experience, minimizing barriers that are common elsewhere, while also building world-class operations and customer service. We really saw that work pay off this year to deliver results for our utility partners beyond their expectations.”
In addition to these record holiday sales, Uplight Marketplaces quadrupled sales of Electric Vehicle (EV) chargers from 2020 to 2021, as a strong sign of EV adoption. Marketplaces can play a critical role in helping customers switch to EVs, purchase and install Level 2 chargers and help customers enroll into managed charging programs. Uplight found that providing a rebate or enrollment incentive for EV chargers at the point of purchase increased sales by 3.5x compared to non-incentivized chargers.
For more information about Uplight Marketplaces, please visit https://uplight.com/solutions/marketplace/.
About Uplight
Uplight is the technology partner for energy providers and the clean energy ecosystem. Uplight’s software solutions connect energy customers to the decarbonization goals of power providers while helping customers save energy and lower costs, creating a more sustainable future for all. Using the industry’s only comprehensive customer-centric technology suite and critical energy expertise across disciplines, Uplight is streamlining the complex transition to the clean energy ecosystem for more than 80 electric and gas utilities around the world. By empowering energy providers to achieve critical outcomes through data-driven customer experiences, delivering control at the grid edge, creating new revenue streams and optimizing existing load and assets, Uplight shares a mission with its clients to make energy more sustainable for every community. Uplight is a certified B Corporation. To learn more, visit us at www.uplight.com, find us on Twitter @Uplight or on LinkedIn at Linkedin.com/company/uplightenergy.
Elaine Reddy
720-252-8105
This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON--(BUSINESS WIRE)--Schlumberger Limited (NYSE:SLB) will hold a conference call on January 21, 2022 to discuss the results for the fourth quarter and full year ending December 31, 2021.
The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.
To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 8858313.
A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until February 21, 2022, and can be accessed by dialing +1 (866) 207-1041 within North America or +1 (402) 970-0847 outside of North America, and giving the access code 3953842.
About Schlumberger
Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all.
Find out more at www.slb.com
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office +1 (713) 375-3535
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "The Global Remote Tank Monitoring Market - 4th Edition" report has been added to ResearchAndMarkets.com's offering.
The installed base of remote tank monitoring (RTM) systems is forecasted to grow at a compound annual growth rate of 35.5 percent from 4.8 million units at the end of 2020 to 22.2 million units by 2025.
This study investigates the market for connected tanks in various industries. Typical applications include tank location tracking, tank level monitoring, regulatory compliance and reporting as well as optimization of delivery and pick up routes, and inventory management and analytics.
The report is based on numerous executive interviews and profiles the leading 62 RTM vendors. Get up to date with the latest information about vendors, products and markets.
The installed base of connected tanks to reach 22.2 million in 2025
The global installed base of active remote tank monitoring (RTM) solutions reached 4.8 million units at the end of 2020. Growing at a compound annual growth rate (CAGR) of 35.5 percent, the active installed base is estimated to reach 22.2 million units worldwide in 2025. The analyst estimates that the European market accounted for more than 1.3 million active RTM systems at the end of 2020.
The North American market is estimated to be larger than the European at around 1.6 million active units. The Asia-Pacific market is moreover estimated to represent an installed base of about 1.4 million RTM systems. South America and Middle East & Africa are smaller markets having installed bases of 243,000 units and 388,000 units respectively.
There are more than 100 RTM solution vendors active on the market worldwide and this report covers 62 companies. The analyst ranks Otodata as the leading RTM solution provider in terms of the active installed base worldwide with an installed base of about 1.0 million RTM units. Otodata is based in Canada and primarily focuses on the fuel reseller segment in North America.
Anova and SkyBitz (Ametek) were in second and third place having achieved installed bases of about 743,000 units and 180,000 units respectively. Anova has done a string of acquisitions including Independent Technologies, Wikon, ISA - Intelligent Sensing Anywhere and iTank (Sierra Wireless) and Silicon Controls to become the second largest RTM solution vendor with more than 2,000 customers in 70 countries. SkyBitz is based in the US and most of its tanks under management can be found in North America and a few in Mexico and other countries.
Polish AIUT and Sensile Technologies from Switzerland followed in fourth and fifth place and had installed bases of 138,000 and 100,000 tank monitoring systems respectively. Tank Utility, FoxInsights, Angus Energy, Dunraven Systems, WACnGO and Kingspan are also ranked among the largest providers with 55,000-92,000 units each.
Other RTM solution providers with installed bases of 21,000-50,000 RTM systems in active use at the end of 2020 include Varec, ATEK Access Technologies, Powelectrics, Banner Engineering, FreeWave, SilentSoft, Insite Platform Partners, GreenCityZen and Schmitt Industries.
Merger and acquisition activity on this market is just about to commence at the same time as new innovative companies enter the market. Anova has been the most ambitious consolidator on the market so far with its acquisitions of 5 major companies.
Highlights from the report:
Market forecasts and trends
Company profiles and strategies
European solution providers
North American solution providers
Rest of World solution providers
For more information about this report visit https://www.researchandmarkets.com/r/j6tl9f
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
40th annual installment of world’s preeminent energy conference will explore ‘Pace of Change: Energy, Climate and Innovation.’ Learn more at www.ceraweek.com
HOUSTON--(BUSINESS WIRE)--The 40th annual gathering of CERAWeek by IHS Markit—the world’s preeminent energy conference—will convene the world’s energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities in-person, March 7-11 in Houston.
CERAWeek 2022: Pace of Change: Energy, Climate and Innovation will examine the challenges and opportunities of reducing emissions while supplying the needs of a growing global economy in the era of energy transition. Chaired by Daniel Yergin, vice chairman of IHS Markit and author of The New Map: Energy, Climate and the Clash of Nations, the conference is returning to Houston after being hosted as an all-virtual event in 2021.
“We are pleased to be returning to Houston in 2022 for the 40th annual CERAWeek by IHS Markit,” said Yergin. “Houston is the energy capital of the world and we are honored to have it as the home of CERAWeek these past several decades. At a time of profound change in the energy world, there is no more-fitting place for the critical dialogues that will take place at this year’s conference.
“The inherent challenges of the energy transition—and the rapid transformation to the basis of the world’s $86 trillion economy that it entails—are as profound as they are vast,” Yergin added. “Recent energy crises and market volatility illustrate the importance of balance between reducing emissions and ensuring stable and reliable energy flows that the growing global economy needs. It is a challenge made more complex at a time of strained supply chains and heightened geopolitical tensions. Meeting the demands of the energy future will require new strategies, intelligent investment and plenty of innovation. These are among the important issues that the world’s energy leaders will address in Houston at CERAWeek 2022.”
Produced by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, the CERAWeek 2022 conference program will explore key themes related to More Energy, Less Emissions; Geopolitics and Energy Markets; Workforce of the Future; Competitive Landscape and the Energy Transition; Supply Chains; and Financing the Energy Future.
The conference will also feature the CERAWeek Innovation Agora, serving as the center of technology and innovation programming at the event. Featuring a community of thought leaders, technologists, start-ups, investors, academics, energy companies and government officials, the Innovation Agora will showcase transformational technology platforms in the energy space ranging from digitalization, AI, analytics and connectivity, robotics, blockchain, additive manufacturing, mobility and decarbonization. Newly added for 2022 will be dedicated “Agora Hubs” focused on hydrogen and carbon management.
CERAWeek 2022 speakers will include (partial list):
Visit www.ceraweek.com for a complete list of speakers and the most up-to-date program information (subject to change).
Registration Information
CERAWeek by IHS Markit 2022 will be held March 7-11 at the Hilton Americas—Houston. Further information and delegate registration is available at www.ceraweek.com.
Media Accreditation
Media registration is now open. Members of the media interested in covering CERAWeek 2022 are required to apply for accreditation. Applications are subject to approval and can be submitted at the following link: https://ceraweek.com/about/press.html
About IHS Markit (www.ihsmarkit.com)
IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2021 IHS Markit Ltd. All rights reserved.
News Media:
Jeff Marn
IHS Markit
+1 202 463 8213
This email address is being protected from spambots. You need JavaScript enabled to view it.
Press Team
+1 303 858 6417
This email address is being protected from spambots. You need JavaScript enabled to view it.
E+E 100 awards honors individuals who are creating new solutions and best practices to help achieve greater environmental and energy success.
FRAMINGHAM, Mass.--(BUSINESS WIRE)--#carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that Executive Vice President and General Manager of Federal Solutions, Nicole Bulgarino has been named to the 2021 Environment + Energy Leader 100 list.
The Federal Solutions team has designed and developed some of the most innovative and complex energy efficiency and renewable energy projects on behalf of the company for government agencies including the Department of Defense, the Department of Energy, the Department of Justice, and more, leading to the implementation of over $2 billion in Federal projects throughout Ms. Bulgarino’s career. Ms. Bulgarino has played an essential role in Ameresco’s growth and is an advocate for smart, meaningful innovation.
Now in its fifth year, the annual Environment+Energy Leader 100 recognizes those environment and energy “doers” who break trail in creating new solutions, programs, platforms, best practices and products to help their companies – or other companies – achieve greater success in commercial and industrial environment and energy management.
“The Honorees on the annual list show groundbreaking work and dedication to the field of sustainability and energy management,” says Paul Nastu, President of Environment+Energy Leader. “We’re thrilled to recognize this year’s Honorees and congratulate all who made the list.”
“I’ve had the distinct privilege of working closely with Nicole since she started as a project engineer at Ameresco in 2004,” said George Sakellaris, President and CEO of Ameresco. “As soon as she began her role with our company, it was clear that her passion, dedication, and expertise in the field would lead her to great success. It has been a pleasure and an honor to see her grow over the years and I am proud of the leader she has become. When I founded Ameresco in 2000, I dreamed the company would be seen as a leader in innovative clean energy solutions, and now that it has come to fruition, I realize it would not have been possible without Nicole’s guidance and management. I am eager to see all that she accomplishes in the coming years because her knowledge and passion is palpable and inspires others to think innovatively.”
Nominations for the E+E 100 are made by Environment+Energy Leader readers and others that work in the industry, are vetted thoroughly and then the Environment+Energy Leader team and a select group of advisors from the industry make the final Honoree selections. See this year’s honorees and past honorees here: https://www.environmentalleader.com/ee-100-honorees/.
To learn more about Ameresco and its energy efficient solutions, please visit www.ameresco.com.
About Environment+Energy Leader
For fifteen years, Environment+Energy Leader (www.environmentenergyleader.com) has provided news, best practices and research that has influenced environment, energy and sustainability conversations–and powered decision-making. We have a wide range of professional resources, including our website, newsletters, awards programs, webinars, reports, white papers and conferences to help you tackle environment and energy management challenges in order to reduce costs, increase efficiency and minimize resource waste. Environment+Energy Leader is published by Business Sector Media LLC.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.
Media:
Ameresco: Leila Dillon, 508-661-2264, This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Unmanned Underwater Vehicles Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The publisher has been monitoring the unmanned underwater vehicles market and it is poised to grow by $1.91 billion during 2021-2025, decelerating at a CAGR of 13.77% during the forecast period.
The report on the unmanned underwater vehicles 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 growing demand for stealth platforms and increasing investment in maritime surveillance capabilities. In addition, the growing demand for stealth platforms is anticipated to boost the growth of the market as well.
The unmanned underwater vehicles market analysis includes the type segment and geographic landscape. This study identifies the predisposition for the deployment of UUVs as one of the prime reasons driving the unmanned underwater vehicles market growth during the next few years.
Companies Mentioned
The publisher 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. Our report on unmanned underwater vehicles market covers the following areas:
Key Topics Covered:
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Five Forces Analysis
5. Market Segmentation by Type
6. Customer landscape
7. Geographic Landscape
8. Vendor Landscape
9. Vendor Analysis
10. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/7nm8o1
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
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or the “Company”) today announced that it has completed the previously announced divestiture of its Delaware Basin assets to Continental Resources (NYSE:CLR) for cash proceeds of $3.1 billion after normal closing adjustments.
Pioneer’s fourth quarter and full year guidance assumed that the Delaware Basin assets would be included in the Company’s financial results for the entire quarter. However, with the completion of the divestiture today, Pioneer will not include any operating or financial results attributable to the Delaware Basin assets after December 20, 2021 in its fourth quarter results.
Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at www.pxd.com.
Cautionary Statement Regarding Forward-Looking Information
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements and the business prospects of Pioneer are subject to a number of risks and uncertainties that may cause Pioneer’s actual results in future periods to differ materially from the forward-looking statements. These risks and uncertainties include, among other things, volatility of commodity prices; product supply and demand; the impact of a widespread outbreak of an illness, such as the COVID-19 pandemic, on global and U.S. economic activity; competition; the ability to obtain environmental and other permits and the timing thereof; the effect of future regulatory or legislative actions on Pioneer or the industry in which it operates, including the risk of new restrictions with respect to development activities; the ability to obtain approvals from third parties and negotiate agreements with third parties on mutually acceptable terms; potential liability resulting from pending or future litigation; the costs and results of drilling and operations; availability of equipment, services, resources and personnel required to perform the Company's drilling and operating activities; access to and availability of transportation, processing, fractionation, refining, storage and export facilities; Pioneer's ability to replace reserves, implement its business plans or complete its development activities as scheduled; access to and cost of capital; the financial strength of counterparties to Pioneer's credit facility, investment instruments and derivative contracts and purchasers of Pioneer's oil, natural gas liquids and gas production; uncertainties about estimates of reserves, identification of drilling locations and the ability to add proved reserves in the future; the assumptions underlying forecasts, including forecasts of production, cash flow, well costs, capital expenditures, rates of return, expenses and cash flow from purchases and sales of oil and gas, net of firm transportation commitments; sources of funding; tax rates; quality of technical data; environmental and weather risks, including the possible impacts of climate change; cybersecurity risks; the risks associated with the ownership and operation of the Company's water services business and acts of war or terrorism. These and other risks are described in Pioneer's Annual Report on Form 10-K for the year ended December 31, 2020, Quarterly Reports on Form 10-Q filed thereafter and other filings with the United States Securities and Exchange Commission. In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse effect on it. Accordingly, no assurances can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Pioneer undertakes no duty to publicly update these statements except as required by law.
Pioneer Natural Resources Company Contacts:
Investors
Neal Shah - 972-969-3900
Tom Fitter - 972-969-1821
Greg Wright – 972-969-1770
Chris Leypoldt - 972-969-5834
Media and Public Affairs
Tadd Owens - 972-969-5760
NRG awarded for exemplary leadership in environmental initiatives established to drive environmental progress and impact global sustainability
HOUSTON--(BUSINESS WIRE)--Today, NRG Energy, Inc. announced it received the SEAL Award for Environmental Initiatives at the 2021 SEAL Business Sustainability Awards.
The SEAL (Sustainability, Environmental Achievement and Leadership) Awards honor the organizations and leaders dedicated to making real progress on one of the most pressing issues of our time.
“As one of the largest competitive retail power providers in the country, NRG understands that while decisions made today have a near-term impact, the effects of these actions will have a lasting legacy on our world,” said Jeanne-Mey Sun, Vice President of Sustainability at NRG. “To drive widespread environmental progress, NRG has undergone a large-scale business transformation to move closer to the customer, achieve net-zero by 2050, and ultimately advance a more sustainable, clean energy future.”
The SEAL Business Sustainability Awards acknowledged NRG for:
“Our mission at SEAL is to rigorously assess and then celebrate extraordinary sustainability leadership. We’re honored to recognize NRG Energy this year with the Environmental Initiatives Award for its achievements in this space,” commented Matt Harney, SEAL Awards’ Founder.
This year’s awardees ranged from global brands to high-growth start-ups and scale-ups from a wide array of sectors, including technology, transportation, financial services, utilities, and consumer goods. More information about the SEAL Business Sustainability Award winners is available at http://sealawards.com/sustainability-award-2021.
About NRG
At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working toward a sustainable energy future. More information is available at nrg.com. Connect with NRG on Facebook, LinkedIn, and follow us on Twitter @nrgenergy.
Investors:
Kevin L. Cole, CFA
Investor Relations
609.524.4526
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media:
Candice Adams
Corporate Communications
609.524.5428
This email address is being protected from spambots. You need JavaScript enabled to view it.
TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) announced today it has closed the previously announced acquisition of the assets of a retail propane distribution company operating under the tradename “Hopkins Propane” (“Hopkins”).
Superior also announced today it has acquired the assets of Mountain Energy Gas (“Mountain Energy”), a small distributor based in Waynesville, North Carolina in a separate transaction.
“I am excited to welcome the employees and customers of Hopkins and Mountain Energy to the Superior family,” said Luc Desjardins, Superior’s President and CEO. “We’re looking forward to expanding our footprint in the Michigan and North Carolina retail propane markets and growing our business in these attractive markets.”
About the Corporation
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing over 780,000 customer locations in the U.S. and Canada.
For further information about Superior, please visit our website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it., Toll Free: 1-866-490-PLUS (7587).
Beth Summers
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
or
Rob Dorran
Vice President, Investor Relations and Treasurer
Tel: (416) 340-6003
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Toll Free: 1-866-490-PLUS (7587).
DUBLIN--(BUSINESS WIRE)--The "Urban Air Mobility (UAM) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2035)" report has been added to ResearchAndMarkets.com's offering.
The urban air mobility market is projected to grow to USD 17,269.71 million by 2035, registering a CAGR of 17.81% during the forecast period (2021 - 2035).
Companies Mentioned
Key Market Trends
Need for Faster and Cleaner Urban Transportation is Driving Investments in the Market
With the number of on-road passenger vehicles increasing every year, traffic congestion problems are also growing. Especially at certain peak hours, the increasing amount of traffic on the roads significantly increased the commuter's time taken to travel by roads. The existing road systems in most countries cannot handle the peak-hour loads without forcing the commuters to wait in line. This is not only wasting the time of citizens, but also challenging the governments.
Additionally, growing on-road passenger vehicle volumes, which burn fossil fuels, are also polluting the environment considerably. With traffic congestion and urban road mobility posing a great challenge, governments and technology companies have started to look at UAM as a viable option for passenger and cargo transport.
As the UAM is a safe and efficient air transportation system where the passenger-carrying air taxis are operating above populated areas, there may be significant time savings. Moreover, air taxis used for the UAM are mostly electric powered or fuel-cell powered. Hence, they help in reducing atmospheric pollution. In this regard, many companies are investing significantly in this industry, which is expected to boost the technological advancements in the market in the long run, after the UAM systems enter the commercial usage phase.
North America and Europe to be at the Forefront of the UAM Revolution
Though there have been developments around the globe, most of these innovations have been centered in the North American and European countries. The presence of aerospace giants Boeing and Airbus has also helped foster a favorable environment for the UAM sector, as these companies are keenly investing toward developing prototypes for evaluation. For instance, since 2014, Airbus has been exploring methods to integrate the latest technological advancements in electric propulsion systems for powering the UAMs. Hence, in 2018, the company created the Airbus Urban Mobility division to accelerate the integration of such innovative technologies into the UAM solutions that the company aspires to offer. As of April 2021, Airbus is developing new capabilities, as part of the Vertex project, to allow for a fully autonomous flight in its Flightlab demonstrator by 2023.
In Europe, several cities have joined the Urban Air Mobility (UAM) Initiative, a part of the European Innovation Partnership on Smart Cities and Communities (EIP-SCC). The initiative aims to contribute to the creation of a market for urban air mobility. Under this initiative, companies with innovative urban mobility solutions are brought together, and their solutions are showcased and supported to replicate the feasible ones at a bigger scale. Even the regulations for the urban air mobility industry are being drafted. As per European Aviation Safety Agency (EASA), air taxis and ambulances can become a reality in European airspace by 2026.
Even in North America, the United States is at the forefront of adopting this newer means of transport. Many start-ups from the United States are working together to develop and implement these technologies locally. A roadmap is also being laid for bringing the UAM into commercial usage in the next 5-6 years. With these efforts, North America is also projected to embrace the urban air mobility concept faster than the other regions barring Europe.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
5 MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Vehicle Type
5.1.1 Piloted
5.1.2 Autonomous
5.2 By Application
5.2.1 Passenger Transport
5.2.2 Freighter
5.3 By Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia Pacific
5.3.4 Latin America
5.3.5 Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/513w64
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
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today the execution of a Memorandum of Understanding (MOU) with the Islamic Republic of Mauritania for the development of an Energy Hub, including natural gas, power, liquefied natural gas ("LNG") and blue ammonia, utilizing existing offshore gas reserves off the coast of Mauritania.
Under the MOU, NFE will deploy its innovative “Fast LNG” liquefaction technology to produce LNG in the Atlantic coastal basin offshore Mauritania for local gas and power markets as well as international exports. NFE will supply natural gas to both the existing 180MW Somolec Power Plant and a new 120MW combined cycle power plant that will be developed.
“The production of liquefied natural gas from these fields with our innovative Fast LNG liquefiers will help accelerate the global transition to cleaner fuels,” said Wes Edens, Chairman and CEO of NFE. “Supply of natural gas and modern power infrastructure will also help bring more affordable, reliable and cleaner power to support industrial development and sustainable economic growth in Mauritania and, at the same time, unlock the country’s potential to be a top exporter of clean LNG and blue ammonia.”
NFE’s “Fast LNG” liquefaction design pairs the latest advancements in modular, midsize liquefaction technology with jack up rigs or similar floating infrastructure to enable a much lower cost and faster deployment schedule than today’s floating liquefaction vessels. NFE is in advanced discussions for the deployment of this technology in several other markets around the world, including offshore United States.
The natural gas production and power infrastructure in Mauritania will support industrial development and reduce emissions and pollution by providing a cleaner, affordable and reliable alternative to oil-based fuels.
The MOU is non-binding on the parties and actual terms of any future definitive agreement may differ from the terms of the MOU.
About New Fortress Energy
New Fortress Energy is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.
Cautionary Language Regarding Forward-Looking Statements
This communication contains forward-looking statements. All statements contained in this communication other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. You can identify these forward-looking statements by the use of forward-looking words such as “expects,” “may,” “will,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of those words or other comparable words. Forward looking statements include: the deployment of the Company’s “Fast LNG” liquefaction technology, including the location where LNG will be produced and the expected uses of such LNG; the supply of natural gas to an existing power plant and the proposed development of a new power plant; the expected impact on the global transition to cleaner fuels and on the industrial development and economic growth of Mauritania, including the country’s potential to be an exporter of LNG and blue ammonia; and the LNG production and power infrastructure will reduce emissions and pollution.
These forward-looking statements represent the Company’s expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the Company’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: risks related to the approval and execution of definitive documentation between the Company and the Islamic Republic of Mauritania for the exploration for, and production of, gas from the reserves offshore Mauritania; the risks related to the approval and execution of definitive sales and purchase agreements for the sale of natural gas; the development, construction or commissioning schedule of our Fast LNG liquefaction technology may be longer than we expect; the funding of the project may not be possible on the terms we expect; we will be unable to operationalize our plans for the rights and key permits to develop the proposed Energy Hub; the gas reserves offshore Mauritania may not be as extensive as we expect; and that we will not be able to provide natural gas to customers as we currently expect. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of NFE’s forward-looking statements. Other known or unpredictable factors could also have material adverse effects on future results.
Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Company to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in our annual report, quarterly and other reports filed with the SEC, which could cause its actual results to differ materially from those contained in any forward-looking statement. We undertake no duty to update these forward-looking statements, even though our situation may change in the future.
IR:
Joshua Kane
(516) 268-7455
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media:
Jake Suski
(516) 268-7403
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.