PARIS LA DÉFENSE--(BUSINESS WIRE)--The navies of Belgium and the Netherlands rely on Thales, Naval Group and KERSHIP shipyard to equip the 12 next generation Mine Counter Measures Vessels with NS50 radars for Air & Surface Surveillance with Fire Control capabilities.
The NS50 provides for the first time a complete and superior level of self-protection capability against air and surface threats for this category of high value MCM vessels. A strategic choice for small to medium vessels, the NS50 offers dual functions between air and surface surveillance and fire control.
The nature of threats faced by Navies has never been more varied nor more challenging, ranging from next generation anti-ship missiles, robotic warfare and swarm attacks, to electronic warfare (jamming) as well as, overall, having to operate in a simultaneously conventional, asymmetric and hybrid threat environment. Time and quality of information are critical when facing this new array of unpredictable simultaneous threats. The NS50 provides maximum time on target for forces to evaluate the threat and take countermeasures while, at the same time, understanding what is around them to safeguard the ship and to protect their own allied forces.
The NS50 is the world’s most compact, affordable 4D multi-function naval radar in the market. It offers superior air and surface detection, tracking and classification performances providing highly accurate 4D target information required for rapid acquisition by short-range “fire and forget” Surface-to-Air-Missile Systems as well as fire control of ship-borne artillery against surface targets. It can defend against Unmanned Aerial Vehicle (UAV), low slow flying object, surface targets and in combination with small to medium caliber gun system.
A fully software-defined sensor, the NS50 features a modular and scalable hardware architecture, making it equally suitable for combat boats, Offshore Patrol Vessels, MCMVs, auxiliaries and various other platforms. No other radar in this class up offers the NS50’s flexibility and range of features, which are similar to those that do equip larger sized ships. Its full digital design implies that upgrades are possible at any moment and at any place and that, software modifications are simple for integrating new features. The NS50 meets today’s cybersecurity requirements.
The NS50 is part of the NS family of radars already operational within the Royal Netherlands Navy, providing enhanced situational awareness and contributing to regional stability in various parts of the world.
“Navies are facing more complex, smaller, agile and faster moving simultaneous threats. The compact NS50 is a game changer – it brings the benefit of multi-mission air and surface surveillance, as well as fire control to combat boats, MCM vessels, OPA’s and various other platforms. We are proud to work with Naval Group and Kership and supply an innovative radar to the Belgium and Netherland Navies for operational advantage”. Serge Adrian, Senior Vice-President Surface Radar activities, Thales.
About Thales
Thales (Euronext Paris: HO) is a global high technology leader investing in digital and “deep tech” innovations –connectivity, big data, artificial intelligence, cybersecurity and quantum technology – to build a future we can all trust, which is vital to the development of our societies. The company provides solutions, services and products that help its customers –businesses, organisations and states – in the defence, aeronautics, space, transportation and digital identity and security markets to fulfil their critical missions, by placing humans at the heart of the decision-making process.
With 83,000 employees in 68 countries, Thales generated sales of €19 billion in 2019 (on a basis including Gemalto over 12 months). |
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World’s first area gas monitor with integrated 4G wireless connectivity and 100-day battery delivers industry-leading versatility and ease of use
CALGARY, Alberta--(BUSINESS WIRE)--#connectedsafety--Blackline Safety Corp. (TSX.V: BLN), a global leader of gas detection and connected safety solutions, is now shipping its G7 EXO area gas monitor to clients across North America and throughout international markets. G7 EXO is a next-generation area monitor with 4G cellular connectivity that operates on more than 350 mobile networks and across more than 100 countries. Never before has area monitoring been this robust yet more considerate of customers’ diverse needs.
Until now, conventional area monitors have suffered complicated or inadequate connectivity while also being challenging to configure into a seamless network. With direct-to-cloud connectivity, G7 EXO eliminates the need for mesh networks that limit the range between devices, restrict the number of devices on a network and impose a maximum number of hops that a message can take before being dropped. Similarly, the need for Wi-Fi networks is removed, as they are expensive to deploy and maintain, require the provisioning of devices on the network, often lack available coverage throughout a facility and often need IT team approvals. The result is an area monitor that can be set up in one tenth of the time of a traditional area monitor, while delivering unsurpassed connectivity.
“G7 EXO is one more incredible achievement from Blackline’s product development team. This is the most rugged, easy to use — and the first true Internet of Things (IoT) — area gas monitor in the world.” said Sean Stinson, CRO of Blackline Safety. “On top of a robust gas sensing platform, G7 EXO uses 4G connectivity to automatically stream situational data directly to the people that need it. Our best-in-class communication services, paired with user-centered design mean that EXO can be set up in minutes, every time. Integrated, reliable coverage means that no alert will ever be lost, and no worker or site left vulnerable to environmental hazards.”
G7 EXO direct-to-cloud connectivity, drop-and-go deployment and 100-day battery life instantly connects worksites during shutdowns, turnarounds and construction projects, while also monitoring tank farms, drilling rigs, confined spaces, site perimeters and more. As soon as it’s turned on, G7 EXO automatically becomes a part of a larger connected ecosystem, eliminating the traditionally time-consuming setup and maintenance associated with other area monitoring systems.
4G connectivity powers wireless device configurations, data collection and two-way communication. Businesses can manage G7 EXO device functionality in their Blackline Live cloud-hosted portal account where they are provided with a full picture of a site’s real-time safety status and complete control over its area monitors’ operations. All G7 EXO data is available alongside that of G7 wearable devices through Blackline Analytics, where users can leverage automated reporting and data visualization to drive informed decision making.
The world has never experienced an area monitor this easy to use and this hard to damage. G7 EXO sets the bar for a new era of area gas monitoring, with features including:
While G7 EXO is already the world’s definitive solution to area monitoring challenges, development is underway on additional innovative features to further advance its capabilities. Coming early 2021, Blackline is delivering a satellite communication module that can be added on to any G7 EXO that needs it, to deliver true global coverage in even the most remote locations via the Iridium satellite network. Also launching early in the new year, G7 EXO users will be able to add a four-channel pump module to their units, to support simultaneous remote sampling of up to four different areas of a facility, each up to 100 feet apart from the unit.
To learn more about Blackline’s G7 EXO area gas monitors and connected portfolio, visit blacklinesafety.com/g7exo.
About Blackline Safety: Blackline Safety is a global connected safety leader that helps to ensure every worker gets their job done and returns home safe each day. Blackline provides wearable safety technology, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and increase productivity of organizations in more than 100 countries. Blackline Safety wearables provide a lifeline to tens of thousands of men and women, having reported over 100 billion data-points and initiated over five million emergency responses. Armed with cellular and satellite connectivity, we ensure that help is never too far away. For more information, visit BlacklineSafety.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
INVESTOR/ANALYST
Cody Slater, CEO
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DUBLIN--(BUSINESS WIRE)--The "International Maritime Organization (IMO) 2020 and its impact on Oil and Gas Industry - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
The International Maritime Organization (IMO) imposed a ban on marine fuels having sulfur content above 0.5% by weight, effective from January 1, 2020. The idea is to curb sulfur emissions from shipping to preserve the marine ecosystems worldwide. This regulation is in line with the United Nations Framework Convention on Climate Change designed to reduce the impact of human activities on the environment.
The IMO 2020 regulation was expected to cause considerable disruption in bunker fuel availability and cause oil prices to rise. However, this disruption was largely overshadowed by the outbreak of COVID-19. In fact, the pandemic created new problems for shippers and refiners alike. Lockdowns led to brief closure of shipbuilding yards globally, leading to delays in scrubber installations.
Shippers, like Stolt-Nielsen from Norway, cancelled their plans to install scrubbers in April 2020 due to these delays. On the other hand, refiners had to contain with low demand for fuels, overflowing storages, and disruptions to ongoing expansion works. Demand for bunker fuel alone is estimated to have fallen between 7-17% in 2020.
The second wave of COVID-19 has further heightened the fuel demand uncertainty, causing refiners like Shell and Marathon Petroleum to permanently close some of their facilities.
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DUBLIN--(BUSINESS WIRE)--The "United Arab Emirates Crude Oil Refinery Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
United Arab Emirates Crude Oil Refinery Outlook to 2025 is a comprehensive report on crude oil refinery industry in United Arab Emirates. The report also provides details on oil refineries such as name, type, operational status, operator apart from capacity data for the major processing units, for all active and planned refineries in United Arab Emirates for the period 2015-2025. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the country's oil refinery industry, wherever available.
Scope
Reasons to Buy
Key Topics Covered:
1. Table of Contents
1.1. List of Tables
1.2. List of Figures
2. Introduction
2.1. What is This Report About?
2.2. Market Definition
3. United Arab Emirates Refining Industry
3.1. United Arab Emirates Refining Industry, Key Data
3.2. United Arab Emirates Refining Industry, Overview
3.3. United Arab Emirates Refining Industry, Total Refining Capacity
3.4. United Arab Emirates Refining Industry, Crude Distillation Unit Capacity
3.5. United Arab Emirates Refining Industry, Condensate Splitter Unit Capacity
3.6. United Arab Emirates Refining Industry, Catalytic Cracking Capacity
3.7. United Arab Emirates Refining Industry, Hydrocracking Capacity
3.8. United Arab Emirates Refining Industry, Asset Details
3.8.1. United Arab Emirates Refining Industry, Active Asset Details
3.8.2. United Arab Emirates Refining Industry, Planned Asset Details
4. Recent Contracts
4.1. Detailed Contract Summary
4.1.1. Awarded Contracts
5. Financial Deals Landscape
5.1. Detailed Deal Summary
5.1.1. Acquisition
6. Recent Developments
6.1. Other Significant Developments
6.2. New Contracts Announcements
7. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/1xsdvg
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LONDON--(BUSINESS WIRE)--#GlobalBioethanolMarket--The bioethanol market is poised to grow by USD 20.55 bn during 2020-2024 progressing at a CAGR of over 6% during the forecast period.
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The report on the bioethanol market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for the continuous supply of clean fuel.
The bioethanol market analysis includes the type segment and geography landscape. This study identifies the rising investments in the bioethanol sector as one of the prime reasons driving the bioethanol market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters
The bioethanol market covers the following areas:
Bioethanol Market Sizing
Bioethanol Market Forecast
Bioethanol Market Analysis
Companies Mentioned
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
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DUBLIN--(BUSINESS WIRE)--The "Shale based Oil and Gas Industry - Thematic Research" report has been added to ResearchAndMarkets.com's offering.
Shale oil and gas exploration has added new dimensions of growth to the US oil and gas industry. It has also fueled extensive investment in the development of associated infrastructure for the gathering, storage, and supply of hydrocarbons to both domestic and international markets.
However, the onset of global pandemic and the subsequent decline in oil prices has taken the wind out of the shale boom. The shale market has immediately gone into self-correction due to abrupt reduction in demand.
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Key Topics Covered:
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Announces Earnings Release Date and Conference Call
MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSE: PUMP) today announced select preliminary unaudited financial and operational highlights for the fourth quarter of 2020, along with other updates.
Preliminary Fourth Quarter 2020 Financial Information
These preliminary results are subject to the completion of the customary quarterly and year-end closing and review process and may be subject to change after completion of the year-end audit. See Cautionary Statement Regarding Preliminary Financial Information below.
Other Highlights and Updates
In connection with anticipated increases in utilization, the Company has identified certain refurbishments necessary to position additional fleets for deployment. In connection with these and future refurbishments, the Company is committed to transitioning to a lower emissions fleet. In 2021, this will include a combination of: i) the planned purchase of new Tier IV DGB equipment, ii) conversion of selected existing equipment into Tier IV DGB equipment, and iii) continued testing and commercialization of our DuraStim® electric-powered fleet. These investments further the Company’s efforts to provide a lower emissions service offering in response to increasing demands of our customers and other stakeholders. In connection with these fleet enhancements, the Company plans to permanently retire approximately 150,000 HHP of legacy Tier II diesel equipment in the first quarter of 2021.
The Company is currently conducting a DuraStim® field trial with an existing customer and is continuing to broaden the scope of subsequent trials. The Company has set a goal of commercializing the innovative DuraStim® technology as a full fleet in the second half of 2021.
Outlook
Phillip Gobe, Chief Executive Officer, commented, “After successfully navigating all the difficulties of 2020, we are building on that success going into 2021. Our best-in-class operating team continues to deliver excellent results to our blue-chip customers in all market conditions, and together we look forward to advancing our mutual sustainability goals in the coming year. Between our planned Tier IV DGB investments and the progress of the fully electric DuraStim® technology with innovative pump and fluid-end design, our team is stepping up to the challenge of reducing emissions and ongoing maintenance costs within our operations. As a company, we will continue to drive operational efficiencies at the wellhead to deliver industry leading service to our customers, utilize innovative technologies to optimize our internal business processes and defend our balance sheet through prudent capital management. By keeping these goals at the forefront of our mission, we will continue to benefit from close collaboration with our customers and vendors as a result of our team-focused culture.”
Earnings Release Date and Conference Call Information
ProPetro will issue its Full Year and Fourth Quarter 2020 Earnings Release on Tuesday, February 23, 2021, after the close of trading. The Company will also host a conference call at 8:00 AM Central Time on Wednesday, February 24, 2021, to discuss financial and operating results for the full year and fourth quarter of 2020 and recent developments. This call will also be webcast on ProPetro’s website at www.propetroservices.com. To access the conference call, U.S. callers may dial toll free 1-844-340-9046 and international callers may dial 1-412-858-5205. Please call ten minutes ahead of the scheduled start time to ensure a proper connection. A replay of the conference call will be available for one week following the call and can be accessed toll free by dialing 1-877-344-7529 for U.S. callers, 1-855-669-9658 for Canadian callers, as well as 1-412-317-0088 for international callers. The access code for the replay is 10151285.
About ProPetro
ProPetro Holding Corp. is a Midland, Texas-based oilfield services company providing pressure pumping and other complementary services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. For more information, please visit www.propetroservices.com.
Cautionary Statement Regarding Preliminary Financial Information
The Company has prepared the preliminary financial information set forth above on a materially consistent basis with its historical financial information and in good faith based upon its internal reporting for the three months ended December 31, 2020. This financial information is preliminary and unaudited and is thus inherently uncertain and subject to change as the Company finalizes its financial results and related audit for the year ended December 31, 2020. The Company is in the process of completing its customary quarterly close and review procedures and related audit as of and for the year ended December 31, 2020, and there can be no assurance that its final results for this period will not differ from this preliminary financial information. During the course of the preparation of the Company’s consolidated financial statements and related notes as of and for the year ended December 31, 2020, the Company may identify items that could cause its final reported results to be materially different from the preliminary financial information set forth above. This preliminary financial information should not be viewed as a substitute for full audited financial statements prepared in accordance with GAAP. In addition, this preliminary financial information for the three months ended December 31, 2020 is not necessarily indicative of the results to be achieved for any future period. This preliminary financial information has been prepared by and is the responsibility of management. In addition, the preliminary financial information presented above has not been audited, reviewed, or compiled by the Company’s independent registered public accounting firm. Accordingly, the Company’s independent registered public accounting firm does not express an opinion or any other form of assurance with respect thereto and assumes no responsibility for, and disclaims any association with, this information.
Forward-Looking Statements
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, including statements regarding our expected fleet utilization, our sustainability efforts, the future deployment and commercialization of our DuraStim® fleets, our expected capital expenditures and our expected cost reductions. Forward-looking statements are subject to a number of risks and uncertainties that may cause actual events and results to differ materially from the forward-looking statements. Such risks and uncertainties include the volatility of and recent declines in oil prices, the operational disruption and market volatility resulting from the COVID-19 pandemic and other factors described in the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, particularly the “Risk Factors” sections of such filings, and other filings with the SEC. In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse impact on it, including matters related to shareholder litigation and the SEC investigation. 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. Readers are cautioned not to place undue reliance on such forward-looking statements and are urged to carefully review and consider the various disclosures made in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings made with the SEC from time to time that disclose risks and uncertainties that may affect the Company’s business. The forward-looking statements in this news release are made as of the date of this news release. ProPetro does not undertake, and expressly disclaims, any duty to publicly update these statements, whether as a result of new information, new developments or otherwise, except to the extent that disclosure is required by law.
ProPetro Holding Corp
Sam Sledge, 432-688-0012
Chief Strategy and Administrative Officer
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DUBLIN--(BUSINESS WIRE)--The "Iraq Midstream Oil and Gas Industry Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
Iraq Midstream Oil and Gas Industry Outlook to 2025 - Market Outlook for Liquids Storage, Pipelines and Gas Processing is a comprehensive report on midstream oil and gas industry in Iraq. The report provides details such as name, type, operational status and operator for all active and planned (new build) liquids storage terminals major trunk pipelines and gas processing plants in Iraq till 2025. Further, the report also offers recent developments and latest contracts awarded in the country's midstream sector, wherever available.
Scope
Reasons to Buy
Key Topics Covered:
1. Table of Contents
1.1. List of Tables
1.2. List of Figures
2. Introduction
2.1. What is This Report About?
2.2. Market Definition
3. Iraq Oil Storage Industry
3.1. Iraq Oil Storage Industry, Key Data
3.2. Iraq Oil Storage Industry, Overview
3.3. Iraq Oil Storage Industry, Storage Operations
3.3.1. Iraq Oil Storage Industry, Total Storage Capacity
3.4. Iraq Oil Storage Industry, Storage Capacity Share by Area
3.5. Iraq Oil Storage Industry, Storage Capacity by Major Companies
3.6. Iraq Oil Storage Industry, Storage Capacity by Terminal
3.7. Iraq Oil Storage Industry, Asset Details
3.7.1. Iraq Oil Storage Industry, Active Asset Details
3.7.2. Iraq Oil Storage Industry, Planned Asset Details
4. Iraq Oil and Gas Pipelines Industry
4.1. Iraq Oil Pipelines
4.2. Iraq Oil Pipelines, Overview
4.3. Iraq Oil and Gas Pipelines Industry, Crude Oil Pipeline Length by Major Companies
4.4. Iraq Oil and Gas Pipelines Industry, Crude Oil Pipelines
4.5. Iraq Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Company
4.6. Iraq Oil and Gas Pipelines Industry, Petroleum Products Pipelines
4.7. Iraq Oil and Gas Pipelines Industry, Oil Pipelines Asset Details
4.7.1. Iraq Oil and Gas Pipelines Industry, Oil Pipelines Active Asset Details
4.7.2. Iraq Oil and Gas Pipelines Industry, Oil Pipelines Planned Asset Details
4.8. Iraq Gas Pipelines, Key Data
4.9. Iraq Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Company
4.10. Iraq Oil and Gas Pipelines Industry, Natural Gas Pipelines
4.11. Iraq Oil and Gas Pipelines Industry, Gas Pipelines Asset Details
4.11.1. Iraq Oil and Gas Pipelines Industry, Gas Pipelines Active Asset Details
4.11.2. Iraq Oil and Gas Pipelines Industry, Gas Pipelines Planned Asset Details
5. Iraq Gas Processing Industry
5.1. Iraq Gas Processing Industry, Key Data
5.2. Iraq Gas Processing Industry, Overview
5.3. Iraq Gas Processing Industry, Gas Processing Capacity by Major Companies
5.4. Iraq Gas Processing Industry, Processing Plant Number by Plant Type
5.5. Iraq Gas Processing Industry, Capacity Contribution of Various Provinces
5.6. Iraq Gas Processing Industry, Active Gas Processing Capacity
5.7. Iraq Gas Processing Industry, Planned Gas Processing Capacity
5.8. Iraq Gas Processing Industry, Asset Details
5.8.1. Iraq Gas Processing Industry, Active Asset Details
5.8.2. Iraq Gas Processing Industry, Planned Asset Details
6. Recent Contracts
6.1. Detailed Contract Summary
6.1.1. Awarded Contracts
7. Recent Developments
7.1. Other Significant Developments
7.2. New Contracts Announcements
8. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/6ptjk1
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Micromobility leader announces massive expansion to 48 new markets throughout the United States following acquisition of assets from Gotcha Mobility, LLC and OjO Electric
MIAMI--(BUSINESS WIRE)--Bolt Mobility Corporation (“Bolt”), a micromobility company dedicated to revolutionizing transportation by providing simple, safe, and sustainable solutions, announced today that it will expand its footprint to include 48 additional markets, including 18 university campuses, throughout the United States. The expansion is a result of Bolt’s acquisition of assets from Last Mile Holdings Ltd. (“Last Mile”), a leading micromobility company with the broadest product suite in the industry.
In 2020, Bolt, which is backed by Sofreh Capital, The Edison Companies, Fuel Venture Capital, and The Yucaipa Companies, expanded its services to 300,000 users, and brought on Ed Welburn, the renowned former Vice President of General Motors Global Design, as an Advisor. The company’s technology-focused approach has been a key driver of its growth so far, as has Bolt’s success in providing riders with a safer, more hygienic alternative to mass transit. By working with independent local operators in each of its markets, Bolt provided those partners with the opportunity to start and manage their own micromobility business. With the acquisition, which was funded in part by Fuel Venture Capital, Bolt can now offer micromobility solutions over 50 US markets, bringing its innovative solutions and local business opportunities to thousands of additional riders and dozens of new partners, respectively.
This is a massive leap forward for the Miami-based startup, which was co-founded in 2018 by Olympic Gold Medalist and World’s Fastest Man, Usain Bolt. “We founded Bolt because we believe in micromobility as a movement that can transform the way people live and move within their communities,” said Usain Bolt. “This expansion proves that anything is possible for micromobility when you support it with talented people, innovative technology, and the incredible work ethic of the Bolt team.”
For now, riders in Bolt’s new markets will continue to be able to access and use the e-scooters, e-bikes, and pedal bikes through the Gotcha Mobility, LLC (“Gotcha”) and OjO Electric (“OjO”) iOS and Android mobile apps. In the coming months, Bolt will be collaborating with city and university partners to transition these markets to Bolt’s industry-leading technology and innovative Mobility-as-a-Service model.
“This was a perfect fit,” said Bolt CEO, Ignacio Tzoumas. “This acquisition allows us to dramatically expand our footprint across the U.S. We are excited to launch the Bolt platform in these new locations and to empower local partners to expand the interconnectivity of cities and universities with multi-modal micromobility solutions.”
A number of former Gotcha and OjO employees will be joining the Bolt team, including Gotcha’s former Chief Operating Officer, Matt Tolan. He will be Bolt’s new Chief Commercial Officer, focusing on building and strengthening Bolt’s relationships with cities and universities.
“I am thrilled to be joining Bolt, as we share a commitment to strengthening communities through the power of micromobility,” said Tolan. “We can’t wait to get to work enhancing our current partnerships and expanding our micromobility offerings throughout the U.S. and around the world.”
The acquisition positions Bolt to be a global leader in an industry that’s expected to more than triple its 2018 value by 2025. By exponentially expanding the company’s reach, Bolt expects a commensurate growth in ridership at a time when American consumers are increasingly demanding micromobility solutions to serve their mobility needs.
About Bolt Mobility Corporation
Bolt's mission is to work closely with city officials to solve traffic and parking congestion and to reduce their carbon footprint with safe, sustainable, and equitable transport options. Bolt’s strategy is focused on design of technology solutions for the micromobility ecosystem. Bolt's leadership team has experience developing sustainable transportation solutions and emerging technologies. A commitment to design ensures rider safety, convenience, and affordability. Bolt currently has permits to operate its e-scooters in multiple cities across the US & internationally. For more information, please visit https://www.micromobility.com/.
About Sofreh Capital
Sofreh Capital is a family office backed investment fund that focuses on emerging technology companies. Sofreh has an established record of investing in early-stage hyper growth technology companies. Founded by Shervin Pishevar, the firm has completed hundreds of technology investments valued at more than $1.0B.
About Fuel Venture Capital
Fuel Venture Capital is committed to propelling groundbreaking ideas into world-changing companies and democratizing access to the creative economy to shape the future of society. The firm's "founder focused, investor driven" approach is led by a core team with more than 60 years of combined experience in investment banking, wealth management, executive leadership and entrepreneurship. The fund boasts a portfolio of more than 20 companies based around the globe across numerous sectors, bringing positive impact to virtually all corners of our modern economy. To learn more about Fuel VC, visit fuelventurecapital.com or follow Fuel VC on social media via Twitter, Instagram, LinkedIn, and Facebook.
About Yucaipa Companies
The Yucaipa Companies is a premier investment firm that has established a record of fostering economic value through the growth and responsible development of companies. Founded in 1986 by Ron Burkle, the firm has completed mergers and acquisitions valued at more than $40 billion. As an investor, Yucaipa works with management to strategically reposition businesses and implement operational improvements, resulting in value creation for investors.
About Last Mile Holdings Ltd.
Last Mile Holdings (TSXV: MILE), formerly OjO Electric, is one of the largest micromobility companies in the U.S., offering the broadest product suite in the industry. Last Mile has university campuses and municipal contracted shared mobility systems under the OjO and Gotcha brands. The acquisition of Gotcha in the first quarter of 2020 provides an expansive growth pipeline and a portfolio of products including electric bikes, trikes, scooters, and cruisers. For more information, visit lastmile-holdings.com.
Daniel Fersh
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DUBLIN--(BUSINESS WIRE)--The "United Kingdom Midstream Oil and Gas Industry Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
United Kingdom Midstream Oil and Gas Industry Outlook to 2025 - Market Outlook for Liquefied Natural Gas (LNG), Liquids Storage, Pipelines, Underground Gas Storage and Gas Processing is a comprehensive report on midstream oil and gas industry in United Kingdom.
Further, the report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, liquids storage terminals major trunk pipelines, underground gas storage sites and gas processing plants in United Kingdom till 2025. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the country's midstream sector, wherever available.
Scope
Reasons to Buy
Key Topics Covered:
1. Tables & Figures
2. Introduction
3. United Kingdom LNG Industry
3.1. United Kingdom LNG Industry, Regasification
3.1.1. United Kingdom LNG Industry, Regasification, Key Data
3.2. United Kingdom LNG Industry, Regasification, Overview
3.2.1. United Kingdom LNG Industry, Total Regasification Capacity
3.3. United Kingdom LNG Industry, Regasification Capacity by Major Companies
3.4. United Kingdom LNG Industry, Regasification, Capacity by Terminal
3.5. United Kingdom LNG Industry, Asset Details
3.5.1. United Kingdom LNG Industry, Regasification Active Asset Details
3.5.2. United Kingdom LNG Industry, Regasification Planned Asset Details
4. United Kingdom Oil Storage Industry
4.1. United Kingdom Oil Storage Industry, Key Data
4.2. United Kingdom Oil Storage Industry, Overview
4.3. United Kingdom Oil Storage Industry, Storage Operations
4.3.1. United Kingdom Oil Storage Industry, Total Storage Capacity
4.4. United Kingdom Oil Storage Industry, Storage Capacity Share by Area
4.5. United Kingdom Oil Storage Industry, Storage Capacity by Major Companies
4.6. United Kingdom Oil Storage Industry, Storage Capacity by Terminal
4.7. United Kingdom Oil Storage Industry, Asset Details
4.7.1. United Kingdom Oil Storage Industry, Active Asset Details
5. United Kingdom Oil and Gas Pipelines Industry
5.1. United Kingdom Oil Pipelines
5.1.1. United Kingdom Oil Pipelines, Key Data
5.1.2. United Kingdom Oil Pipelines, Overview
5.2. United Kingdom Oil and Gas Pipelines Industry, Crude Oil Pipeline Length by Major Companies
5.3. United Kingdom Oil and Gas Pipelines Industry, Crude Oil Pipelines
5.4. United Kingdom Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Major Companies
5.5. United Kingdom Oil and Gas Pipelines Industry, Petroleum Products Pipelines
5.6. United Kingdom Oil and Gas Pipelines Industry, NGL Pipeline Length by Major Companies
5.7. United Kingdom Oil and Gas Pipelines Industry, NGL Pipelines
5.8. United Kingdom Oil and Gas Pipelines Industry, Oil Pipelines Asset Details
5.8.1. United Kingdom Oil and Gas Pipelines Industry, Oil Pipelines Active Asset Details
5.9. United Kingdom Gas Pipelines
5.9.1. United Kingdom Gas Pipelines, Key Data
5.9.2. United Kingdom Gas Pipelines, Overview
5.10. United Kingdom Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Major Companies
5.11. United Kingdom Oil and Gas Pipelines Industry, Natural Gas Pipelines
5.12. United Kingdom Oil and Gas Pipelines Industry, Gas Pipelines Asset Details
5.12.1. United Kingdom Oil and Gas Pipelines Industry, Gas Pipelines Active Asset Details
5.12.2. United Kingdom Oil and Gas Pipelines Industry, Gas Pipelines Planned Asset Details
6. United Kingdom Underground Gas Storage Industry
6.1. United Kingdom Underground Gas Storage Industry, Key Data
6.2. United Kingdom Underground Gas Storage Industry, Overview
6.3. United Kingdom Underground Gas Storage Industry, Gas Storage Capacity by Major Companies
6.4. United Kingdom Underground Gas Storage Industry, Storage Capacity by Area
6.5. United Kingdom Underground Gas Storage Industry, Storage Capacity by Site
6.5.1. United Kingdom Underground Gas Storage Industry, Storage Capacity by Active Sites
6.5.2. United Kingdom Underground Gas Storage Industry, Storage Capacity by Planned Sites
6.6. United Kingdom Underground Gas Storage Industry, Asset Details
6.6.1. United Kingdom Underground Gas Storage Industry, Active Asset Details
6.6.2. United Kingdom Underground Gas Storage Industry, Planned Asset Details
7. United Kingdom Gas Processing Industry
7.1. United Kingdom Gas Processing Industry, Overview
7.2. United Kingdom Gas Processing Industry, Gas Processing Capacity by Major Companies
7.3. United Kingdom Gas Processing Industry, Processing Plant number by Facility Type
7.4. United Kingdom Gas Processing Industry, Capacity Contribution of Various Provinces
7.5. United Kingdom Gas Processing Industry, Gas Processing Capacity
7.6. United Kingdom Gas Processing Industry, Asset Details
7.6.1. United Kingdom Gas Processing Industry, Active Asset Details
8. Recent Contracts
8.1. Detailed Contract Summary
8.1.1 Awarded Contracts
9. Financial Deals Landscape
9.1. Detailed Deal Summary
9.1.1. Acquisition
9.1.2. Private Equity
9.1.3. Equity Offerings
9.1.4. Debt Offerings
10. Recent Developments
10.1. Other Significant Developments
10.2. New Contracts Announcements
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/54h5nu
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HOUSTON--(BUSINESS WIRE)--Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that it plans to issue its earnings release with respect to fourth quarter and full year 2020 financial results on Wednesday, February 24, 2021 before the market opens. Cheniere will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss fourth quarter and full year results.
A listen-only webcast of the call and accompanying slide presentation will be available on the Company’s website at www.cheniere.com.
After completion of the webcast, a replay will be available on the Company’s website.
About Cheniere
Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with expected total production capacity of approximately 45 million tonnes per annum of LNG operating or under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.
For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, filed with the Securities and Exchange Commission.
Forward-Looking Statements
This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding expectations regarding regulatory authorizations and approvals, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to the amount and timing of share repurchases, and (viii) statements regarding the COVID-19 pandemic and its impact on our business and operating results. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.
Cheniere Energy, Inc.
Investors
Randy Bhatia, 713-375-5479
Megan Light, 713-375-5492
Or
Media Relations
Eben Burnham-Snyder, 713-375-5764
Jenna Palfrey, 713-375-5491
DUBLIN--(BUSINESS WIRE)--The "Amaranth Oil - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Amaranth Oil Market to Reach $1.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Amaranth Oil estimated at US$682.2 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 10.5% over the analysis period 2020-2027.
Cosmetic & Personal Care, one of the segments analyzed in the report, is projected to record a 11.3% CAGR and reach US$485.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pharmaceutical segment is readjusted to a revised 10.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $184.2 Million, While China is Forecast to Grow at 14% CAGR
The Amaranth Oil market in the U. S. is estimated at US$184.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$295.9 Million by the year 2027 trailing a CAGR of 14% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 9.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR.
Food Supplements Segment to Record 9.9% CAGR
In the global Food Supplements segment, USA, Canada, Japan, China and Europe will drive the 9.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$76.3 Million in the year 2020 will reach a projected size of US$141.5 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$198.8 Million by the year 2027, while Latin America will expand at a 11.3% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/bhup8m
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Laura Wood, Senior Press Manager
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SUNNYVALE, Calif.--(BUSINESS WIRE)--Ondas Holdings Inc. (NASDAQ: ONDS), a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets (“Ondas” or the “Company”), announced today the appointment of Jaspreet (Jas) Sood to its Board of Directors (the “Board”), effective January 19, 2021.
Ms. Sood is a seasoned technology executive with proven expertise across many different corporate functions over her 25-year career in enterprise IT markets. Since 2007, Ms. Sood has held a variety of executive level positions within Hewlett Packard Enterprise (“HPE”) (NYSE: HPE), and its predecessor companies in the areas of sales, business operations, strategy, product GTM, and finance. She currently serves as the North America Sales Vice President and General Manager, Infrastructure and Services, and is responsible for business performance related to Servers, Storage, AI-based Supercomputing, and Services.
Ms. Sood holds an MBA with an emphasis in Technology Management from Pepperdine University and a bachelor’s degree in Economics from the University of California, Irvine. In 2018, 2019, and 2020, she was honored as a “CRN Power 100 Woman of the Channel” and is routinely featured as a guest speaker at various technology industry events.
“Jas is an exceptionally talented executive who brings incredible leadership experience and valuable relationships to our Company which will help us execute our MC-IoT growth plan,” said Eric Brock, CEO and Chairman of Ondas Holdings. “We are delighted to have her join our Board as an independent director. We are confident that her enterprise technology experience will prove invaluable as we build the partner ecosystem around our FullMAX platform.”
“I am very excited to join the Ondas team at this important juncture as it scales large industrial markets with its disruptive MC-IoT technology platform,” said Ms. Sood. “I look forward to working with Eric and his management team as we drive broader platform adoption and continue to build value for customers.”
Also on January 19, 2021, Thomas V. Bushey resigned as the Company’s President. Mr. Bushey will continue to serve on the Company’s Board, and will serve as a consultant to the Company. Stewart Kantor, the Company’s Chief Financial Officer, Secretary and Treasurer, was appointed as the Company’s President.
About Ondas Holdings Inc.
Ondas Holdings Inc., through its wholly owned subsidiary, Ondas Networks Inc., is a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets. The Company’s standards-based, multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today’s legacy private licensed wireless networks. Ondas Networks’ customer end markets include railroads, utilities, oil and gas, transportation, aviation and government entities whose demands span a wide range of mission critical applications. These markets require reliable, secure broadband communications over large and diverse geographical areas, many of which are within challenging radio frequency environments. Customers use the Company's FullMAX technology to deploy their own private licensed broadband wireless networks. The Company also offers mission-critical entities the option of a managed network service. Ondas Networks’ FullMAX technology supports IEEE 802.16s, the new worldwide standard for private licensed wide area industrial networks. For additional information, visit www.ondas.com or follow Ondas Networks on Twitter and LinkedIn.
Forward Looking Statements
Statements made in this release that are not statements of historical or current facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events.
These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including, the risks discussed under the heading “Risk Factors” in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on March 13, 2020, in our Quarterly Report on Form 10-Q filed with the SEC on November 6, 2020, and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.
Investors:
Stewart Kantor, CFO
Ondas Holdings Inc.
888.350.9994 Ext. 1009
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Media:
Dan Gagnier/Jeffrey Mathews
Gagnier Communications
646.569.5897
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In 2021, Aries is on a mission to use its patented gasification systems to cleanly convert biosolids from wastewater treatment plants into renewable energy and beneficial use byproducts, keeping biosolids out of landfills and farmers’ fields.
FRANKLIN, Tenn.--(BUSINESS WIRE)--Aries Clean Energy, a leader in the biomass gasification solutions sector, has changed its name to Aries Clean Technologies, with a refined focus on the clean conversion of wastewater biosolids.
Unsafe disposal of biosolids can contaminate our clean water supply, representing a major problem for municipalities, businesses, people, and the planet.
Simply stated, humanity has a biosolids problem, and it’s getting messier. Every year, the U.S. alone produces seven million dry tons of biosolids, or treated sludge, with limited options for dealing with it. Current methods of disposal are unsustainable, can be harmful to the environment, and are increasingly regulated and restricted. This applies to landfills, land applications, incineration, and even composting.
“2020 was a mess. Let’s clean up some of our mess in 2021,” said Aries CEO Greg Bafalis. “With our proven technologies, we can keep biosolids out the landfills and out of farmers’ fields. We can make the earth cleaner and healthier. We can also help cities and companies set and achieve sustainable carbon reductions and zero waste goals while keeping renewable debris out of landfills.”
The Aries solution is to disrupt the existing biosolids disposal system – using gasification technologies to convert biosolids into clean energy and beneficial byproducts.
More specifically, Aries is disrupting the process that occurs after you flush, when waste is converted into biosolids at wastewater treatment plants, with limited options for disposal.
The wastewater treatment industry has long recognized that biosolids could potentially be treated as a revenue stream rather than a costly challenge, contributing to the development of a sustainable circular economy. The primary challenge with implementing this vision has been technological.
“Our new name, Aries Clean Technologies, more fittingly represents what we offer – patented innovations around clean, sustainable technologies that leverage fluidized bed gasification for biosolids, and downdraft gasification for wood waste,” said Bafalis.
With eight patents, 10 years of product development and operating experience, and two full-scale, operational facilities, Aries’ gasification solutions divert biosolids and biomass from landfills and convert them into clean energy and useful byproducts – biochar and Bio-Fly-Ash™. Aries GREEN™ Biochar is used in manufacturing, carbon filtration, and as a soil amendment, while Bio-Fly-Ash™ is used in concrete production.
“We are looking forward to using this clean technology in New Jersey,” said Mayor Derek Armstead. “This will lead to a healthier community for all. And the opening of this plant will provide additional revenue, reductions in operation and maintenance costs, and give our ratepayers an economic benefit that will allow the Authority and the City to stabilize budgets.”
Aries’ proprietary gasification solutions provide numerous environmentally friendly and sustainable benefits, including:
About Aries Clean Technologies
Aries Clean Technologies, based in Franklin, Tennessee, develops, designs, and builds innovative proprietary fluidized bed and downdraft gasification systems and projects using its eight patents granted to date. Its projects provide for the sustainable conversion of biosolids and biomass, reduction of carbon emissions, and the production of clean thermal and electrical energy and beneficial Aries GREEN™ Biochar or Bio-Fly-Ash™. For more information, please visit our website: www.ariescleantech.com
Media Contact
Nancy Cooper
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615-616-8235
LONDON--(BUSINESS WIRE)--#GlobalMarinePropulsionEngineMarket--The global marine propulsion engine market is expected to grow at a CAGR of over 1% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.
Get a Free Sample Report Delivered Instantly to Know More
The market is driven by the increase in maritime trade and fleet size. Factors such as rapid industrialization, expanding global population, and the liberalization of economies have increased the trade volume between countries over the years. This has increased the demand for cargo ships and containers for the transportation of goods and raw materials between countries. These factors have increased the need for multifuel engines with improved fuel efficiencies to ensure efficient transportation.
Marine Propulsion Engine Market: Related Markets
Global Marine Engines Market 2020-2024
Global Marine Outboard Engines Market 2020-2024
Global Hybrid Electric Marine Propulsion Engine Market 2020-2024
Marine Propulsion Engine Market: Analysis of Parent Market
The global industrial machinery market is the parent market of the marine propulsion engine market. Within its scope, the industrial machinery market covers companies engaged in the manufacturing of industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. Our report on the marine propulsion engine market offers a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as analysis on several large and small vendors active in the market including AB Volvo, BAE Systems Plc, Beta Marine Ltd., Caterpillar Inc., Cummins Inc., General Electric Co., Mitsubishi Heavy Industries Ltd., Rolls-Royce Plc, Wartsila Corp., and Yanmar Holdings Co. Ltd.
Technavio’s research report on the marine propulsion engine market identifies the key drivers, trends, challenges, and the market scenario over the forecast period. The report also analyzes the impact of these factors on the overall industrial machinery market.
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Marine Propulsion Engine Market: Segmentation Analysis
The global marine propulsion engine market has been analyzed across various segments to identify market dynamics, developments, and key growth areas during the forecast period. The report also offers insights on high growth regions and opportunities for vendors operating in each sub-segment of the Marine propulsion engine market. The market is segmented as follows:
Type
Geography
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Vendor Landscape
Technavio’s industry coverage utilizes various sources and tools to gather information about multiple stakeholders and their offerings toward the marine propulsion engine market. Sources such as company websites, annual reports, whitepapers, subscription & in-house databases, industry journals, publications, and magazines are used in addition to other relevant sources. The vendor landscape provides a framework to estimate the industrial machinery market, while also categorizing the vendors into pure-play, category-focused, or diversified based on their offerings. All market reports provide the key and contributing players across the value chain based on in-house influence index, developed using multiple industry and market parameters.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
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HOUSTON--(BUSINESS WIRE)--A blueprint for the growth and development of Port Houston over the next 20 years has been presented to the Port Commission to provide a decision-making framework for policies, strategies, initiatives, investments, and actions.
The Port Houston 2040 Plan addresses a broad range of topics covering infrastructure, operations, emerging technology, environmental stewardship, safety and security, community partnerships, and market dynamics. The plan will provide a tangible vision of how Port Houston is creating a stronger and more resilient port, with sustainable contributions to the economy, environment, and local communities.
Port Houston Chairman Ric Campo said the plan is a proactive one focused on Port Houston's ongoing and long-term efforts to being a world class port.
“The Port Houston 2040 Plan is perhaps more important than ever as we look to how Port Houston can be a catalyst for both successful recovery in the wake of Covid-19 and the long-term prosperity of our communities, our region, the State of Texas, and the nation,” Campo said.
Objectives of the plan include communicating development plans and infrastructure needs to stakeholders; enabling flexibility and adaptability to respond to change over time; guiding long-term planning and decision-making; and to inform policies and prioritize investments.
Chief Infrastructure Officer Rich Byrnes presented the 2040 Plan to the Port Commission in November. He noted that four core strategies for Port Houston’s future growth and development emerged through the planning process.
“We have labeled these strategies the Four Cs of Channel, Cargo, Community, and Change to reflect Port Houston’s role as an authority, port operator, navigation sponsor, a responsive and responsible partner, and economic catalyst,” Byrnes said.
The Port Commission received an update recently about the Houston Ship Channel expansion, or Project 11, and developments since the 2018 Port Commission Dredge Task Force meeting. Congress in December passed the 2020 Water Resources Development Act, which included formal authorization for the expansion of the Houston Ship Channel.
Port Houston Executive Director Roger Guenther said Port Houston embraces the public benefit it serves to the region, Texas, and the nation.
“We recognize that achieving the goals established by the 2040 Plan will require the concerted efforts of Port Houston with numerous governmental agencies, port users, customers, non-governmental organizations, community leaders, and area residents,“ Guenther said. “I am excited that the 2040 Plan clearly captures and communicates our goals so we can actively and effectively work together. Coordination, collaboration, and cooperation will be critical to our collective success.”
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area’s largest breakbulk facility and two of the most efficient and fastest-growing container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas and the U.S. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of Texas’ total gross domestic product (GDP) – and $801.9 billion in economic impact across the nation. For more information, visit the website at PortHouston.com.
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Nasdaq symbol will change from PECK to ISUN on January 21st
SOUTH BURLINGTON, Vt.--(BUSINESS WIRE)--The Peck Company Holdings, Inc. (NASDAQ:PECK) , a leading commercial solar engineering, procurement and construction company has changed its name to iSun, Inc. (“iSun”), effective January 19, 2021. The company’s name change will be reflected on The Nasdaq Stock Market on January 21, 2021, and iSun’s Common Stock will begin trading under a new ticker symbol, ISUN, starting January 21, 2021.
The name change is related to the previously announced acquisition of iSun Energy LLC (“iSun Energy”) , a provider of innovative solar power, electric mobility and smart city solutions for government, commercial, retail, academic and data-center projects. The acquisition is on schedule to close by the end of January.
About iSun, Inc.
Headquartered in South Burlington, VT, iSun is a business rooted in values that align people, purpose, innovation and sustainability. iSun is ranked by Solar Power World as one of the leading commercial solar contractors in the Northeastern United States. Since entering the renewable energy market in 2012, iSun has installed over 200 megawatts of solar systems, and continues to focus on profitable growth opportunities.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about (i) the benefits of the proposed acquisition, including future financial and operating results, cost savings and synergies, effects on cash flow, market accessibility, financing opportunities, enhancements to revenue and accretion to reported earnings that may be realized from the proposed acquisition; (ii) iSun’s and iSun Energy's plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts; and (iii) other statements identified by words such as “expects” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “targets,” “projects,” or words of similar meaning generally intended to identify forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of the respective management of iSun and iSun Energy and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of iSun and iSun Energy. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from the anticipated results discussed in these forward-looking statements because of possible uncertainties.
Investor Contact:
Michael d’Amato
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p: 802-264-2040
LONDON--(BUSINESS WIRE)--#PressureReliefValves--The new pressure relief valves market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the pressure relief valves market.
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"One of the primary growth drivers for this market is the increasing periodic replacement activities,” says a senior analyst for the industrials industry at Technavio. The market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their position in the slow-growing segments. As the markets recover, Technavio expects the pressure relief valves market size to grow by USD 937.20 million during the period 2021-2025.
Pressure Relief Valves Market Segment Highlights for 2020
Regional Analysis
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DUBLIN--(BUSINESS WIRE)--The "Casing and Cementation Hardware Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The global crude oil production is expected to grow at a CAGR of more than 1.65% in the forecast period of 2020-2025.
Increasing upstream activities in regions like Middle-East and the United States are driving the need for casing and cementation hardware.
Companies Mentioned
Key Market Trends
Casing Hardware to Dominate the Market
Successful casing installation requires several tools and equipment like floating equipment, stage tools, centralizers, scratchers, casings, liners, and others.
Middle-East and Africa to Witness Significant Growth
Pars Oil and Gas company is expected to develop phases 13 and 14 of South Pars gas field in 2020. Thirty-eight new wells in phase 13 and 44 new wells in phase 14 are to be drilled, which will require casing hardware for completion work in the forecast period.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Casing Hardware
5.1.2 Cementation Hardware
5.2 Location of Deployment
5.2.1 Offshore
5.2.2 Onshore
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 South America
5.3.5 Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/7nsm6j
ResearchAndMarkets.com
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SAN DIEGO--(BUSINESS WIRE)--EDF Renewables North America today announced the completion and commercial operation of the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9 MWdc) Solar Projects. Maverick 1 provides 125 MWac of electricity to Southern California Edison under a 15-year Power Purchase Agreement (PPA), while Maverick 4 supplies 100 MWac energy and renewable attributes to Shell Energy North America (US), L.P. under a 15-year PPA.
The two projects, part of the Palen Solar project, are located adjacent to each other on unincorporated land in Riverside County, California, administered by the Federal Bureau of Land Management (BLM). The BLM designated this area as a Solar Energy Zone (SEZ) and Development Focus Area, land set aside for utility-scale renewable energy development. Both projects consist of horizontal single-axis tracking solar photovoltaic (PV) technology.
“EDF Renewables is pleased to partner with Southern California Edison and Shell to help California meet its clean energy and low-carbon goals through the Maverick Solar Projects,” commented Ryan Pfaff, Executive Vice President, Grid-Scale Power at EDF Renewables. “The backing of local, state and federal government is critically important to renewable development and we thank all those who supported this project through its development.”
Benoit Rigal, Vice President, Engineering & Construction added, “We acknowledge the perseverance demonstrated by the project teams, including our construction and supplier partners, in safely completing the projects during the pandemic.”
In addition to economic benefits for Riverside County, the projects combined generate enough clean energy to meet the consumption of up to 110,000 average California homes1. This is equivalent to avoiding more than 498,000 metric tons of CO₂ emissions annually2 which represents the greenhouse gas emissions from 107,000 passenger vehicles driven over the course of one year.
EDF Renewables’ Asset Optimization group will perform operations and maintenance services for the life of the Project. The group will provide NERC compliance support, remote monitoring, and balance-of-plant management to maximize power production.
1 According to U.S. Energy Information Administration (EIA) 2019 Residential Electricity Sales and U.S. Census Data
2 According to U.S. Environmental Protection Agency (EPA) Greenhouse Gas Equivalencies Calculator
About EDF Renewables North America:
EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distributed solutions: solar, solar+storage, EV charging and energy management; and asset optimization: technical, operational, and commercial skills to maximize performance of generating projects. EDF Renewables’ North American portfolio consists of 16 GW of developed projects and 11 GW under service contracts. EDF Renewables North America is a subsidiary of EDF Renouvelables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com. Connect with us on LinkedIn, Facebook and Twitter.
Sandi Briner, +1 858-521-3525
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