The expansion positions Cemvita for rapid scaling of biomining technology in preparation for full field deployment.
DENVER--(BUSINESS WIRE)--#biomining--Cemvita Factory (“Cemvita”) announced today the company has acquired Denver based Solfatara Laboratories (“Solfatara”) to advance and rapidly scale the biomining business.
Solfatara specializes in extractive processes such as metal sulfide bio-oxidation and bioleaching, as well as acid mine drainage (AMD) monitoring/prevention and microbiological assessments. The acquisition includes Solfatara’s scale up facility in Golden, Colorado which gives Cemvita the ability to simulate heap leach conditions which will allow for the scaling of biomining technology in preparation for full field deployment.
Charles Nelson, Chief Business Officer of Cemvita, reinforces the importance of the acquisition, adding that, “Companies who cannot validate on a pilot scale do not reach the commercial scale. This acquisition essentially fast forwards Cemvita’s capability to scale by years and leaps us forward towards full commercial rollout in our biomining business.”
Tom Clark, the owner of Solfatara, also joins Cemvita, adding to the team’s expertise in biomining and scale-up. “For over a decade, Tom has been conducting biomining projects for small and large companies around the globe. Tom’s lab adds to Cemvita’s capacity various sized bioleaching columns that can be used to validate bioleaching test work at scale. This acquisition adds to our capability to rapidly scale and commercialize the bio-extraction of metals the world needs for energy transition,” said Marny Reakes, VP of Biomining for Cemvita.
Tom, now the Head of Biohydrometallurgy at Cemvita is excited to join Cemvita and said, “the benefits that synthetic biology and the latest biotech tools can bring to understanding and optimizing bioleaching and remediation processes to improve the extraction of energy transition metals from low grade ore and waste.”
In addition to integrating Solfatara within the broader Cemvita organization, Cemvita plans to optimize the Solfatara facilities to serve as a scale-up facility for Cemvita’s biomining business. Earlier this year Cemvita announced a partnership with Fluor to scale sustainable bio-solutions for extraction of critical minerals. The transaction will enable Cemvita Factory to continue expanding its presence in the Denver Metropolitan-Area, which has a long and storied history of delivering innovations to the mining industry.
About Cemvita Factory
Cemvita Factory, is on a mission to reimagine the heavy industries such as oil & gas and mining for the net-zero economy. This is done by sustainable extraction of natural resources, carbon negative production of chemicals, and closed-loop renewal of waste as feedstock. Visit www.cemvitafactory.com for more information.
About Solfatara Laboratories
Solfatara Laboratories provides test-work and process development services to the mining industry with a focus on biologically based resource recovery and waste treatment applications. Furthermore, Solfatara specializes in extractive processes such as metal sulfide bio-oxidation and bioleaching, as well as acid mine drainage (AMD) monitoring/prevention, and microbiological assessments.
Tiffany To, This email address is being protected from spambots. You need JavaScript enabled to view it., 832-526-7531
NEW YORK--(BUSINESS WIRE)--ORIX Corporation USA (ORIX USA) announced today the completion of an equity investment by its Special Opportunities group in three anaerobic digestion projects that are expected to convert more than 194 million gallons of dairy manure annually into renewable natural gas (RNG). The projects are located in Iowa and South Dakota and were developed by Dynamic Renewables, a leading developer and operator of biofuel projects in the United States.
The three projects will produce usable RNG while reducing greenhouse gas emissions. The projects will be co-located with local dairy producers and are expected to remove 691,000 MMBtu of methane from the atmosphere each year. This investment follows ORIX USA’s 2021 investment in BC Organics Anaerobic Digestion Facility (BCO), a commercial biorefinery in Wisconsin that will serve multiple local dairy producers and that is expected to remove 650,000 MMBtu of methane from the environment per year, after completion in late 2022.
"As a firm with an ongoing commitment to sustainability, biofuel projects are a great fit for us due to their important role removing methane from the atmosphere,” said Neil Winward, Head of Strategic Solutions within ORIX USA’s Special Opportunities group. “ORIX Group is active in renewable energy globally with a track record of strategic investments in solar, wind and biofuel projects. With this transaction, as a follow-on to our BCO investment, we are continuing to leverage the expertise of our global renewables platform to increase our investment in the biofuel sector in the U.S.”
In recent years ORIX Group has made an investment in global renewable energy company Elawan Energy S.L., as well as acquired a stake in India-based renewable energy company Greenko Energy Holdings. ORIX Group is committed to being a global renewable energy operator and to contributing to sustainability through its business activities.
“These investments align with our broader strategy of being one of the premier middle market financing firms in the U.S., with opportunities to participate across the capital structure for a range of investors,” added Ravi Singh, Head of Special Opportunities group. “Through this transaction we are pleased to be able to further reinforce ORIX Group’s global commitment to sustainability.”
ORIX USA was assisted by GoldenSet Asset Management, LLC, an affiliate of GoldenSet Capital Partners, LLC. Orrick, Herrington & Sutcliffe LLP acted as legal advisor to ORIX USA. Terms of the transaction were not disclosed.
About ORIX Corporation USA (ORIX USA)
Since 1981, ORIX USA has served the middle market with creative and flexible capital solutions, delivering through a capital base that combines the strength of its balance sheet with funds from third-party investors seeking access to attractive alternative investments. With a focus on private credit, real estate and private equity, ORIX USA and its subsidiaries — Boston Financial Investment Management, Lument, NXT Capital, RB Capital, Signal Peak Capital Management and ORIX Capital Partners—have over 1300 employees across the U.S. and Brazil. ORIX USA and its family of companies have $84.8 billion in assets, which include $26.9 billion of assets under management, $47.1 billion in servicing and administration assets, and approximately $11 billion in proprietary assets, as of March 2022. Its parent company, ORIX Group, is a publicly owned international financial services company with operations in 28 countries and regions worldwide. ORIX Group is listed on the Tokyo Stock Exchange (8591) and New York Stock Exchange (IX). For more information, visit orix.com.
About GoldenSet Capital Partners:
GoldenSet Capital is focused on providing project equity and structured capital to companies and projects in the sustainable infrastructure sector. Together the GoldenSet team has developed, constructed, and financed more than 50 distributed solar and wind projects, with additional experience investing in cogeneration, biomass generation, renewable fuels, waste derived fuels and energy storage. http://www.goldensetcapital.com
About Dynamic Renewables:
Dynamic Renewables was founded in 2011 and is a full-service company that provides leading edge waste recovery solutions for both the Agricultural and Food Processing Industries. Three of its founding owners are involved with the daily operations of the business. They are the driving force of the company by integrating Dynamic Renewables' technology and design into the following areas: landfill diversion, anaerobic digestion, nutrient concentration, and water treatment. Dynamic Renewables adds a unique value in the field by being experienced, and knowledgeable in the finance, design, development, operation, and management of customized world‐class infrastructure assets. These turnkey renewable energy and clean water solutions dispose of organic waste to impact the economy in environmentally friendly ways.
Media Contact
ORIX Corporation USA
Leah Gerber
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BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (NYSE: GPRK) (the “Company”) today announced that it has extended the expiration date of its previously announced solicitation of consents (the “Consent Solicitation”) from the holders of its 5.500% Senior Notes due 2027 (the “2027 Notes”) for the adoption of certain proposed amendments (the “Proposed Amendments”) to the indenture governing the 2027 Notes (the “Indenture”). The Proposed Amendments intend to (i) address the impact of adverse market conditions and related drop in the price of crude oil during 2020 on the Company’s results, which in turn negatively impacted the restricted payments builder basket as currently in effect, and (ii) increase and reset the general restricted payments basket in the Indenture to provide the Company additional restricted payments capacity, giving the Company additional financial flexibility that is aligned to its improved performance beginning in 2021. The Consent Solicitation, which was previously scheduled to expire at 5:00 p.m., New York City time, on June 15, 2022, will now expire at 5:00 p.m., New York City time, on June 17, 2022, unless further extended (as so extended, the “Extended Expiration Time”).
In addition, the Company announced that the consent fee for the Consent Solicitation with respect to the 2027 Notes will be increased so that holders of the 2027 Notes will receive a cash payment equal to $10.00 per $1,000 principal amount of 2027 Notes with respect to which such consents to the Proposed Amendments have been validly delivered prior to the Extended Expiration Time and not validly revoked by such holder.
Finally, the Company announced that it has determined to withdraw and terminate its previously announced solicitation of consents from the holders of its 6.500% Senior Notes due 2024 (the “2024 Notes”). All consents delivered and received with respect to the 2024 Notes will be voided and no payment of any consent fee will be made to any holder of the 2024 Notes.
The terms of the Consent Solicitation are detailed in the Consent Solicitation Statement, dated June 8, 2022 (as amended, supplemented or otherwise modified, the “Consent Solicitation Statement”). No consent fee will be paid to any holder of 2027 Notes for which the requisite consents have been obtained unless such holder delivers a consent and does not revoke such consent in accordance with the terms of the Consent Solicitation Statement prior to the Extended Expiration Time. Holders of the 2027 Notes who have previously delivered consents do not need to redeliver such consents or take any other action in response to this extension and increase in consent fee with respect to the 2027 Notes. Other holders of the 2027 Notes may deliver their consents in accordance with the instructions provided in the Consent Solicitation Statement at or prior to the Extended Expiration Time.
Subject to applicable law, the Company reserves the right, in its sole discretion, to (i) extend, terminate or withdraw the Consent Solicitation at any time or (ii) otherwise amend the Consent Solicitation in any respect, including waiving any or all of the conditions to the Consent Solicitation set forth in the Consent Solicitation Statement, at any time and from time to time. The Company further reserves the right, in its sole discretion, not to accept any deliveries of consents with respect to the 2027 Notes. The Company is making the Consent Solicitation only in those jurisdictions where it is legal to do so.
Credit Suisse Securities (USA) LLC is acting as solicitation agent for the Consent Solicitation and can be contacted at Credit Suisse Securities (USA) LLC, Attn: Liability Management Group, Collect: (212) 538-2147 or U.S. Toll Free: (800) 820-1653, with questions regarding the Consent Solicitation.
Copies of the Consent Solicitation Statement are available to holders of 2027 Notes from D.F. King & Co., Inc., the information agent, tabulation agent and paying agent for the Consent Solicitation. Requests for copies of the Consent Solicitation Statement should be directed to D.F. King at +1 (800) 967-5084 (toll free), +1 (212) 269-5550 (collect) or This email address is being protected from spambots. You need JavaScript enabled to view it..
Neither the Consent Solicitation nor any related documents have been filed with the U.S. Securities and Exchange Commission, nor have any such documents been filed with or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Consent Solicitation Statement or any related documents, and it is unlawful and may be a criminal offense to make any representation to the contrary.
The Consent Solicitation is being made solely on the terms and conditions set forth in the Consent Solicitation Statement. Under no circumstances shall this press release constitute an offer to buy or the solicitation of an offer to sell the 2027 Notes or any other securities of the Company or any of its affiliates. The Consent Solicitation is not being made to, nor will the Company accept deliveries of consents from, holders in any jurisdiction in which the Consent Solicitation or the acceptance thereof would not be in compliance with the securities of blue sky laws of such jurisdiction. This press release also is not a solicitation of consents to the Proposed Amendments to the Indenture. No recommendation is made as to whether holders should deliver their consents with respect to the 2027 Notes. Holders should carefully read the Consent Solicitation Statement because it contains important information, including the various terms and conditions of the Consent Solicitation.
ABOUT GEOPARK
GeoPark is a leading independent oil and natural gas exploration and production company with operations in Latin America and a proven track record of growth in production and reserves since 2006. GeoPark operates in Colombia, Chile, Brazil and Ecuador.
CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded by words such as “believes,” “expects,” “may,” “anticipates,” “plans,” “intends,” “assumes,” “will” or similar expressions. The forward-looking statements contained herein include statements about the consent solicitation. These expectations may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, GeoPark’s business and operations involve numerous risks and uncertainties, many of which are beyond the control of GeoPark, which could result in GeoPark’s expectations not being realized or otherwise materially affect the financial condition, results of operations and cash flows of GeoPark. Some of the factors that could cause future results to materially differ from recent results or those projected in forward-looking statements are described in GeoPark’s filings with the United States Securities and Exchange Commission.
The forward-looking statements are made only as of the date hereof, and GeoPark does not undertake any obligation to (and expressly disclaims any obligation to) update any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence of unanticipated events. In light of the risks and uncertainties described above, and the potential for variation of actual results from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results, events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise.
INVESTORS:
Stacy Steimel
Shareholder Value Director
T: +562 2242 9600
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Miguel Bello
Market Access Director
T: +562 2242 9600
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Diego Gully
Investor Relations Director
T: +5411 4312 9400
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MEDIA:
Communications Department
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NASHUA, N.H.--(BUSINESS WIRE)--BAE Systems has received a $38 million contract from Lockheed Martin for additional guidance systems for Lockheed Martin’s Long-Range Anti-Ship Missile (LRASM) program. BAE Systems’ advanced radio-frequency sensor enables LRASM to strike specific, high-value maritime targets from long range in aggressive electromagnetic warfare environments.
“We’re advancing the state of small electronic warfare systems through our efficient LRASM seeker design, which delivers discriminating capabilities at an affordable cost,” said Larry Glennon, Small Form Factor product line director at BAE Systems. “Our seeker enables the U.S. Navy, U.S. Air Force, and our allies to find the proverbial needle in the haystack with high-performance, multi-mission missiles.”
The LRASM provides warfighters with a capable precision strike weapon intended for use from airborne platforms including B-1B Lancer bombers, F/A-18E/F Super Hornet fighters, F-35 Lightning II fighters, P-8A Poseidon maritime patrol aircraft, and surface vessels via the Mark 41 Vertical Launching System. The missile’s diversity of launch platforms, survivability, range, and lethality provide critical capability and flexibility to warfighters – allowing them to project strength and strike when necessary.
Work on BAE Systems’ seeker takes place at the company’s advanced manufacturing facilities in Wayne, N.J.; Greenlawn, N.Y.; and Nashua, N.H.
www.baesystems.com/US
@BAESystemsInc
083/2022
For more information, please contact:
Mark Daly, BAE Systems
Mobile: 603-233-7636
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The 2021 ESG Report highlights the company’s commitment to improving the environment, the lives of its employees and local communities.
INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission recently released its 2021 Environmental, Social and Governance (ESG) Report designed to provide transparent data on the company’s environmental performance, social impacts and how these practices are governed.
“The world is undergoing extraordinary change and facing unprecedented challenges. From how we communicate and do business, to how we transport people and goods around the globe, to the challenge of meeting the world’s growing energy needs in a sustainable way while minimizing the impact to the environment,” said David Graziosi, Chairman and CEO of Allison Transmission. “As the commercial vehicle industry continues to evolve, Allison’s mission remains clear. We are committed to Improving the Way the World Works with fuel efficient, reliable and innovative propulsion solutions that deliver the performance, quality and differentiated value proposition our customers have come to expect from the Allison brand.”
Allison is committed to its leadership role in fuel and energy efficient propulsion solutions that support sustainability and environmental initiatives. In recent years, the company has expanded its product lineup to include a broad portfolio of fully electric propulsion solutions. Following the successful launch of the eGen Power 100D™ fully electric axle, Allison introduced two new e-Axle variants in 2021 to further address the wide range of applications and markets Allison serves. The company also made significant investments in infrastructure to support advancements in commercial vehicle technology, including the opening of a cutting-edge Innovation Center and completing upgrades to the state-of-the-art Vehicle Electrification + Environmental Test Center located at its global headquarters in Indianapolis. In addition to developing electric vehicle propulsion technology, Allison continues to invest in increasingly fuel-efficient conventional propulsion solutions for the global on-highway and off-highway end markets. Innovative software features such as FuelSense® 2.0 allow OEMs to further improve fuel consumption by up to 6% and reduce CO2 emissions. Allison’s fully automatic transmissions and software efficiency features are also compatible with alternative combustible fuels, such as natural gas and propane, which enable fleets to use familiar and proven hardware to achieve reduced emissions.
For more than 100 years, as Allison has grown, so has its commitment to being a responsible and compassionate corporate citizen. For more information on the intentional steps Allison is taking to improve the environment, the lives of its employees and its communities, please refer to the full 2021 Environmental, Social and Governance report: https://www.allisontransmission.com/docs/default-source/corporate-certifications/alsn-2021-esg-report_final.pdf?sfvrsn=4030d31d_1.
About Allison Transmission
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has more than 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
Claire Gregory
Director, Global External Communications
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(317) 694-2065
Integrated turnkey EPC project will expand region’s natural gas processing capabilities to help meet growing energy demand
HOUSTON--(BUSINESS WIRE)--#AudubonCo--Audubon Engineering Company LLC (AEC) announced today the award of a major engineering, procurement and construction (EPC) project to support the expansion of a gas processing plant for a leading energy infrastructure company.
Located near Bay City, Texas, the project involves expanding the infrastructure of a gas plant serving deep-water platforms in the Gulf of Mexico. Gas-processing and condensate-handling capabilities will be added to increase the plant’s daily processing volume.
Infrastructure additions include a 10,000-bbl/d condensate stabilizer unit, a loading station for condensate trucks, optimization of existing gas processing assets, a liquids pipeline and automation features for enhanced efficiency and productivity.
“This contract award is a substantial endorsement of Audubon’s reputation for unparalleled project performance,” said David Beck, a managing partner of AEC.
“Through our committed teams and end-to-end service capabilities, our work will help our client scale up operations and meet growing energy demands with long-term success,” he added.
AEC’s broad network of affiliates will work together to provide the full scope of work—a turnkey EPC solution comprising a range of services:
The project is strategically significant in helping the South Texas region assume a more prominent role in helping the world meet increasing demands for safe, sustainable energy delivery.
On Twitter: @audubonco
About Audubon Engineering Company LLC
Audubon Engineering Company LLC is a portfolio of affiliate companies providing engineering, consulting, construction, fabrication, cybersecurity, and technical field services to the energy, power, infrastructure, and industrial markets. With proven industry experience, innovative technologies, and data-driven insight, the Audubon group of companies delivers sustainable solutions to build a better tomorrow. For more information, please visit auduboncompanies.com
Ivonne Hallard
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Partnership to Drive End-to-End Sustainability and Closed-Loop Supply Chain in the Electric Vehicle Sector
FREEHOLD, N.J.--(BUSINESS WIRE)--Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a global leader in electric vehicle (“EV”) technology with advanced, market-validated electric commercial vehicles, and Princeton NuEnergy, Inc. ("PNE"), an emerging growth company primarily engaged in the regeneration of lithium-ion battery ("LIB") material, today announced a Strategic Partnership Letter of Intent for spent Lithium-ion battery feedstocks for recycled cathode materials and byproducts with Cenntro.
The intent of the partnership is to drive end-to-end sustainability in the EV sector using advanced lithium-ion battery-powered vehicles and PNE recycling technology to reach net-zero emissions.
According to BloombergNEF, cathode choice is a significant factor in determining battery energy density, with cathode materials typically accounting for over half the cost of lithium-ion batteries. PNE’s innovative direct battery recycling processes, Cathode-to-Cathode™ and Anode-to-Anode™, can significantly reduce recycling costs. Overall, PNE’s recycling process can be 44% less costly than mined source materials and 39% less costly than traditional hydrometallurgical processes. Furthermore, PNE’s processes recover over 95% of critical elements in spent lithium-ion batteries, while emitting 70% less CO2 and utilizing 73% less energy when compared to traditional technologies.
“We’re excited to collaborate with Cenntro in creating a closed-loop supply chain by retrieving, recycling, and regenerating battery-grade materials from end-of-life batteries,” said Dr. Chao Yan, founder of PNE. “This strategic partnership brings a new element to the sustainability story as a manufacturer of energy-efficient and carbon-reducing technology. We look forward to creating sustainable, end-to-end solutions that will help us enhance technological innovation in battery recycling and create real impact.”
“It is critical for our industry to recycle efficiently to solve the ongoing scarcities of essential raw materials and reduce the industry's reliance on environmentally intensive mining for battery development,” said Peter Wang, Chairman and CEO of Cenntro. “Our partnership with PNE will act as a foundation to encourage the establishment of efficient, safe, and sustainable recovery pathways for end-of-life electric vehicle battery packs.”
About Princeton NuEnergy
Princeton NuEnergy is a clean-tech start-up delivers innovative and sustainable energy and environmental solutions. The Company's current focus on the direct recycling of lithium-ion batteries from electric vehicles and consumer electronics. The patented “Cathode-to-Cathode™” low temperature plasma technology able to reduce half cost and over 70% CO2 emissions compared with traditional technologies For more information, visit www.pnecycle.com.
About Cenntro Electric Group Ltd.
Cenntro Electric Group Ltd. (or "Cenntro”) (NASDAQ: CENN) is a leading designer and manufacturer of electric light and medium-duty commercial vehicles. Cenntro’s purpose-built ECVs are designed to serve a variety of organizations in support of city services, last-mile delivery, and other commercial applications. Cenntro plans to lead the transformation in the automotive industry through scalable, decentralized production, decentralized production, and smart driving solutions empowered by the Cenntro iChassis™. As of December 31, 2021, Cenntro has sold or put into service more than 3,700 vehicles in over 25 countries across North America, Europe, and Asia. For more information about the company, please visit www.cenntroauto.com.
Princeton NuEnergy Contact:
Dr. Yan Chao
Princeton NuEnergy
Phone: +1(973) 818-3428
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Cenntro Contact:
Investor Relations:
Chris Tyson
MZ North America
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949-491-8235
Company:
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AUSTIN, Texas--(BUSINESS WIRE)--Atlas Sand Company, LLC (“Atlas” or “Atlas Sand”), a leading provider of proppant, trucking and last mile logistics services to the Permian Basin, today announced the appointment of Jon Tutuncu as Chief Commercial Officer. Responsible for strategy, sales, marketing, business development and customer experience, Jon will play an integral role in shaping the strategic direction of the company and lead initiatives that include innovative solutions based on automation, robotics and advanced technologies.
“Jon has an exceptional track record of driving innovative and disruptive go-to-market strategies. He brings expertise in understanding business segments, verticals and the solutions and services that customers want,” said Bud Brigham, Founder & Executive Chairman of Atlas. “We are harnessing our core strengths in technology and automation as an advantage to grow and offer value-added solutions to our customers. I’m confident Jon is the right leader to take on this critical role and guide our organization to the next level of commercial success.”
“I am thrilled to join the Atlas team and continue to lead the path for providing reliable and mission critical services and solutions to the oil and gas industry,” stated Jon. “I look forward to working with our talented team and customers to transform the Permian Basin and bring additional value to the organizations and the communities we serve.”
Jon joins Atlas with global executive leadership experiences at Honeywell, Intelligrated and General Electric where he was responsible for profitable growth overseeing sales, marketing, business development and commercial excellence functions. He holds a Master of Business Administration from North Carolina State University and a Bachelor of Science from Middle East Technical University.
About Atlas Sand
Atlas Sand was founded by long-time E&P operators with significant experience in the Permian Basin alongside some of the best talent in the proppant industry. The Company provides the oil & gas industry access to the large open dunes and high quality frac sand located in the heart of the Permian Basin and its prolific resource plays in West Texas and Southern New Mexico as well as trucking and last mile logistics services. To learn more about Atlas Sand, please visit www.atlassand.com.
Atlas Sand
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(512) 220-1200
DI Meters Support TNMP’s Advanced Metering Infrastructure Goals
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--#AMI--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that Texas-New Mexico Power (TNMP) was the recipient of Itron’s 4 millionth Distributed Intelligence (DI)-enabled smart electric meter. To date, Itron has shipped 4.2 million of the DI-enabled meters to customers globally. An electricity transmission and distribution service provider to more than 260,000 customers throughout Texas, TNMP is deploying the meters as part of a new program to transition to Itron’s intelligently connected industrial IoT (IIoT) network solution, supporting the utility’s Advanced Metering Infrastructure (AMI) refresh goals. As of June 2022, TNMP has completed more than 75% of the planned deployment and is expected to be complete in early Q3 2022 across its 13,000-square mile territory. Meters are registering on the network within the same day and supporting market operations for reads and disconnect with >99% reliability daily.
Itron’s DI-enabled smart meters are an integral part of Itron’s multi-application, multi-transport IIoT solution, which moves grid analysis, decision-making and control to the grid’s edge, resulting in a significant reduction in latency of action, greatly improved situational awareness, more accurate analysis and advanced event detection. DI will help TNMP improve operational efficiencies by detecting unsafe grid conditions and energy diversion through analytics running at the edge of the low-voltage network. The solution will also enable TNMP to comply with the Advanced Metering System (AMS) requirements in the state of Texas. Itron’s solution offers options for adding IoT applications including smart streetlight monitoring, grid sensors as well as the potential to share network coverage to read neighboring utility water and gas AMI meters.
“The delivery of Itron’s 4 millionth DI-enabled smart meter to TNMP marks a significant milestone for Itron as we enable unprecedented insight into grid operations, improve customer engagement and increase grid safety with our industry-changing IIoT solution,” said John Marcolini, senior vice president of Networked Solutions at Itron. “The future of the modern grid is dependent on leveraging DI at the grid edge to help manage growth, stability and safety. We look forward to continuing our collaboration with TNMP to enable them to make decisions and take action at the grid’s edge.”
“We are excited to safely replace all 3G meters across our service territory in response to the 3G network shutdown,” said Stacy Whitehurst, vice president of Regulatory Affairs at TNMP. “Our collaboration with Itron gives us the tools to better manage the grid, prepare to meet future-state utility requirements and keep our customers safer and more connected. With Itron’s solution, we are positioned for the future in developing and introducing more intelligent services in response to dynamic grid changes at the edge, such as increased distributed energy resources.”
About TNMP
TNMP is a transmission and distribution service provider that delivers power to more than 260,000 homes and businesses on behalf of retail electric providers in Texas. More information is available at tnmp.com/about-us.
About Itron
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners, and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
TNMP
Sara Yingling, Corporate Communications
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Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
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Regular Monthly Meeting Scheduled Tuesday, June 28
HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority will hold a Special Meeting on Friday, June 17, 2022, at 9:00 a.m. It is a hybrid meeting. A quorum of the Port Commission and executive leadership will be present in the boardroom of the Port Authority Executive Office Building, located at 111 East Loop North, Houston, TX 77029.
The meeting is open to the public to attend in person, and also can be accessed virtually via WebEx webinar.
The agenda and the instructions to access Port Houston public meetings are available at https://porthouston.com/leadership/public-meetings/.
Please note the following upcoming Port Houston public meetings (subject to change):
June 28 |
9:15 a.m. |
Port Commission Regular Meeting |
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June 28 |
10:00 a.m.* |
Community Relations Committee Meeting |
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July 28 |
10:00 a.m. |
Business Equity Committee Meeting |
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August 1 |
10:00 a.m. |
Audit Committee Meeting |
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August 2 |
9:15 a.m. |
Port Commission Regular Meeting |
*(or immediately following adjournment of the Port Commission meeting)
Sign up for public comment is available up to an hour before these Port Commission or Committee meetings by contacting Erik Eriksson at This email address is being protected from spambots. You need JavaScript enabled to view it. or Liana Christian at This email address is being protected from spambots. You need JavaScript enabled to view it..
About Port Houston
For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel – 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. nation. The more than 200 private and eight public terminals along the federal waterway 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% of Texas’ total gross domestic product (GDP) – and a total of $801.9 billion in economic impact across the nation. For more information, visit the website: https://porthouston.com/.
Lisa Ashley, Director, Media Relations, Port Houston
Office: 713-670-2644; Mobile: 832-247-8179; E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
New CTO Kip Larson brings over a decade of experience at the nexus of technology and physical infrastructure at Amazon, AWS, and Convoy
LOS ANGELES & SAN FRANCISCO--(BUSINESS WIRE)--8minute Solar Energy (8minute), a nationwide leader in solar and energy storage, today announced the appointment of its first Chief Technology Officer (CTO), Kip Larson. In his new role, Larson will further 8minute’s existing technological expertise – applying cutting-edge approaches to 8minute’s already best-in-class suite of smart power plants and associated products and services. The CTO appointment expands 8minute’s capabilities in developing, generating, and delivering clean energy by expanding the traditional focus on hardware to include software engineering, machine learning, and more.
Larson brings over a decade of experience leading technology teams and ushering in transformational change at renowned companies such as Amazon, Amazon Web Services, and Convoy, the world’s leading digital freight network. Larson and his teams developed technology to optimize Amazon’s network of fulfillment centers to deliver products to customers in record time, and he is poised to do the same for solar and energy storage – helping 8minute reliably deliver low-cost, clean energy, any time of day or night, to more Americans than ever before.
“Clean energy is becoming more and more a technology business – the work we do designing cutting-edge power plants is more akin to smart phones than drilling for oil wells,” said 8minute Founder and CEO Dr. Tom Buttgenbach. “As we envisioned where we needed to go to power the clean energy solutions of tomorrow, we looked to the places where technology and software have revolutionized industries – and that is where we found Kip. We are thrilled to have him join our leadership team and help us transform our nation’s electric grid.”
Technology has transformed the way clean energy products and services are designed and delivered, and 8minute has been at the helm of that transformation. As CTO, Larson’s expertise and leadership will be vital as 8minute’s technical teams develop reliable and scalable clean energy solutions that will help power the lives of millions of Americans and deliver on renewable energy goals while driving cost of electricity down.
With over ten years of experience leading technology-driven optimization, Larson is an ideal fit for the adventure ahead for 8minute. In his time at Amazon he and his team built the technology needed to direct a global network of millions of warehouse employees, steer billions of dollars of warehouse investment, and allow the company to react with lightning speed to the changing needs of customers. At Amazon Web Services, he led efforts to bring these powerful, machine-learning and optimization capabilities to customers as diverse as Volkswagen, Bayer Pharmaceuticals, and the Carrier Corporation. Larson also brings experience in the startup world, having built out the world’s first and most sophisticated digital freight network at Convoy, a platform that helps truckers and shippers reduce CO2 emissions from trucking by more than a third. He sees even bigger opportunities to deploy the same efficiency-maximizing technologies in the clean energy space.
“Modern software technology has incredible promise to transform how physical equipment, from trucks to power plants, serve customers and businesses. The clean energy transition represents the greatest opportunity our economy has ever seen to leverage this technology to improve human well-being. I am thrilled to bring my experience to 8minute, and to join a team that is leading the push to solve one of the world’s greatest problems – climate change – by building towards a clean energy economy,” said Larson.
8minute began 2022 by announcing $400 million in financing from EIG to support its pipeline execution and expansion, and is set to deploy a range of its proprietary smart power plant designs across its development portfolio to deliver low-cost, reliable clean electricity and green hydrogen to meet the diverse needs of the power market. By integrating clean energy generation and storage into one highly efficient, intelligent system, 8minute’s smart power plants can dynamically manage load in real time, providing critical grid stabilization, like frequency regulation and ancillary services, and respond instantaneously to power outages.
With one of the largest pipelines, 8minute has more than 18 GW of solar and 24 GWh of energy storage projects under development, enough to provide clean, reliable power for 20 million Americans – day and night. Its portfolio features historic milestones including: the U.S.’s largest solar cluster, the first operating solar plant to beat fossil fuel prices and a project to deliver solar with storage at record-low prices.
ABOUT 8MINUTE SOLAR ENERGY
As a record-breaking, unrivaled technology leader, 8minute Solar Energy (8minute) is championing the clean energy transition in the United States and shaping the future of energy through its next generation of smart power plants. Since its founding in 2009, 8minute has successfully put 2 GW of solar projects in operation and currently has over 18 GW of solar and 24 GWh of storage projects under development. By prioritizing technology and engineering innovation, 8minute’s best-in-class team has continued to set new industry records: developing the largest solar plant in the nation starting in 2011, delivering the first operational solar plant in the U.S. to beat fossil fuel prices in 2016, and securing a deal to deliver solar with storage at record-low prices in 2019. Now one of largest solar developers in the country with an established track record of delivering above-market profitability, 8minute’s relentless pursuit of smart energy generation is unlocking growth and expanding access to clean, abundant, and reliable energy.
For more information, please visit www.8minute.com, and follow 8minute on Twitter and LinkedIn.
Katie Struble
Director, Corporate Communications
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New dashboard highlights energy reductions and savings created by its Advanced LED lighting and lighting controls — totaling hundreds of millions of kilowatt-hours, millions of dollars, and more every day.
BOSTON--(BUSINESS WIRE)--Digital Lumens, Inc. is taking a very public step to show how its solutions reduce environmental impact by launching the Global SiteWorx® Savings Dashboard, which provides a real-time look at energy savings generated at customer facilities worldwide.
As of June 5, 2022 (UN World Environment Day), these savings included 358,136,946 kWh of electricity and $45,483,392 USD, which translates into 253,804 metric tons of CO2 emissions saved, 851.7 metric tons of N2O emissions saved, and 587,611 barrels of oil not consumed.
“Many companies claim that they’re helping the environment,” said Brian Bernstein, CEO of Digital Lumens, Inc. “But we're putting our metrics out where everyone can see them, offering powerful proof of the progress that our customers are making, thanks to our solutions.”
Expanding its solution portfolio to make facilities more sustainable
Bernstein points out that the dashboard only covers the impact of lighting and lighting controls. “At Digital Lumens, we started by focusing on reducing energy use with our intelligent lighting solutions,” he recalled. “In subsequent years, we've continued to expand our portfolio of SiteWorx Facility Insights solutions well beyond lighting, demonstrating our deep commitment to cleantech innovation — and helping our customers consume less energy, cut carbon, conserve resources, and hit their CO2 reduction targets. So the total savings are significantly higher.”
This pioneering work earned Digital Lumens seven years on Cleantech Group’s prestigious Global Cleantech 100 list and induction into the Hall of Fame in 2017.
Reducing environmental impact in key market sectors
Digital Lumens, Inc. also includes the Encelium brand, which focuses on reducing energy use by controlling and managing light in healthcare facilities, office buildings, educational institutions, and commercial properties.
For more than two decades, Encelium has been helping its customers make lighting — a major source of energy use — more efficient, reducing energy use dramatically. Encelium X, Encelium’s robust light management solution, helps reduce energy use with advanced, easy-to-use lighting controls.
Find out more about Digital Lumens, Inc’s cleantech innovation and leadership.
Digital Lumens, Inc. is a Skyview Capital Portfolio Company
Mark Sterns
DIGITAL LUMENS, INC.
Boston, Massachusetts
United States
Voice: 617-723-1200
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Website: https://digitallumensinc.com/
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Company plans to achieve net zero operations by 2030, net zero value chain by 2045
ST. LOUIS--(BUSINESS WIRE)--Emerson (NYSE: EMR), a global leader in technology and software solutions, announced its sustainability strategy to achieve net zero greenhouse gas (GHG) Scope 1, Scope 2 and Scope 3 emissions by 2045. The company detailed its goal to reach net zero and its environmental, social and governance progress in its 2021 ESG report, published today.
“We help enable the low-carbon transition of some of the largest companies and most critical industries around the world,” said Lal Karsanbhai, Emerson’s president and chief executive officer. “Our net zero goal is a vital step forward as we evolve our business and contribute to a more sustainable world.”
Emerson has aligned its sustainability approach to the Net-Zero Standard set by the Science Based Target initiative (SBTi), the leading organization driving science-based target adoption. By 2030, Emerson plans to reach net zero across its own operations for Scope 1 and Scope 2 emissions and drive a 25% reduction in its Scope 3 value chain emissions compared to a 2021 baseline. These 2030 near-term targets have been approved by SBTi as consistent with the 1.5°C trajectory required to meet the goals of the Paris agreement. Emerson has also committed to validate its long-term 2045 net zero target, in line with the SBTi’s Net-Zero Standard.
“In addition to the depth of our own sustainability roadmap, Emerson’s products, software and services help enable our customers, suppliers and partners to achieve their sustainability objectives,” said Mike Train, Emerson’s senior vice president and chief sustainability officer. “In the face of climate change, we believe driving at-scale adoption of energy transition solutions can make a net zero future a reality.”
Emerson’s 2021 ESG report also highlights social and governance progress. Emerson hired its first chief people officer, continued to expand the use of ESG metrics in its compensation programs, and advanced its diversity, equity and inclusion goals and employee programs.
“The support and energy from the Board of Directors and the management team is setting the tone for the future direction and culture of Emerson,” said Elizabeth Adefioye, Emerson’s senior vice president and chief people officer. “I am excited by our ESG goals and the progress we are making on so many fronts.”
To learn more about Emerson’s net zero target and to see the company’s latest ESG Report, please visit Emerson.com/ESG.
About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and software company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production and protect personnel and the environment while optimizing their energy and operating costs. Our Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information, visit Emerson.com. Discussion of initiatives, goals plans, targets and other forwarding looking items, should be read in conjunction with our ESG Report in its entirety, including, without limitation, the “About this Report” section.
Media Contact: Mesa Denny
Phone: 612-802-5573
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TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, provided a corporate update.
“On Friday, we closed a registered direct offering of equity securities that will allow us to continue to deleverage our balance sheet while also providing capital for Odyssey’s ongoing operations through the next nine to 18 months, bridging us to anticipated significant cash flows. We expect this financing to carry Odyssey through a decision on our NAFTA arbitration and provide the cash to self-fund a portion of the NAFTA litigation,” stated Mark Gordon, Odyssey Chairman and Chief Executive Officer. “Additionally, the capital will provide for targeted investments in key mineral projects that will help power the Green Economy.”
The financing transaction provides approximately $15.0 million of net proceeds to Odyssey and provides the following benefits:
“The last time we completed a registered direct offering was 22 months ago. As forecasted, that transaction funded our operations through the completion of the NAFTA hearing, enabled us to expand our ownership in existing projects and invest in the development of new projects,” explained Gordon. “Since that last equity raise, we removed $12.5M in debt from the balance sheet, increased our equity in the ExO project from 53.5% to 56.3%, increased our equity in the Lihir project from 79.9% to 85.6%, assisted CIC in their successful exploration license application and added two new projects to our portfolio that are being primed for the offshore exploration phase. We believe that this latest transaction will allow us to continue to increase the value of our diversified mineral portfolio and deleverage our balance sheet, building additional stockholder value.”
About Odyssey Marine Exploration Odyssey Marine Exploration, Inc. (Nasdaq: OMEX) is a deep-ocean exploration pioneer engaged in the discovery, validation and development of subsea mineral deposits in a socially and environmentally responsible manner. Odyssey’s growing project portfolio includes different mineral sets in various jurisdictions around the world. Odyssey also provides marine services for private clients and governments. For additional details, please visitwww.odysseymarine.com. An investor presentation is available in the Investors section of the website.
Forward Looking Information
Odyssey Marine Exploration believes the information set forth in this Press Release may include "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2021, which was filed with the Securities and Exchange Commission on March 31, 2021. The financial and operating projections as well as estimates of mining assets are based solely on the assumptions developed by Odyssey that it believes are reasonable based upon information available to Odyssey as of the date of this release. All projections and estimates are subject to material uncertainties and should not be viewed as a prediction or an assurance of actual future performance. The validity and accuracy of Odyssey's projections will depend upon unpredictable future events, many of which are beyond Odyssey's control and, accordingly, no assurance can be given that Odyssey's assumptions will prove true or that its projected results will be achieved.
Cautionary Note to U.S. Investors
The U.S. Securities and Exchange Commission (SEC) permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured," "indicated," "inferred" and "resources," which the SEC guidelines strictly prohibit us from including in our filings with the SEC. "Inferred mineral resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. U.S. investors are cautioned not to assume that part or all of the inferred mineral resource exists, or is economically or legally mineable, and are urged to consider closely the disclosures in our Form 10-K which may be secured from us or from the SEC's website at http://www.sec.gov/edgar.shtml.
Laura Barton
Odyssey Marine Exploration, Inc.
(813) 876-1776 x 2562
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ARLINGTON, Va.--(BUSINESS WIRE)--$AVAV #Puma3AE--AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced receipt of a $6,166,952 firm-fixed-price contract award for Puma™ 3 AE small unmanned aircraft systems (SUAS) and spares on May 3, 2022, for the U.S. Marine Corps. Delivery is anticipated to be completed in July 2022.
“Puma 3 AE has proven itself as the ideal solution for low-altitude intelligence, surveillance and reconnaissance missions in any operational environment and continues to serve as the backbone of the U.S. Marine Corps Medium Range/Medium Endurance Forces,” said Trace Stevenson, AeroVironment vice president and product line general manager for SUAS.
AeroVironment’s Puma 3 AE delivers mission critical capabilities in all environments. Puma 3 AE has a wingspan of 9.2 feet (2.8 meters), weighs 15 pounds (6.8 kilograms) and can operate up to 37.2 miles (60 kilometers) with AeroVironment’s Long-Range Tracking Antenna (LRTA). Multi-mission capable, operators can easily swap Puma 3 AE’s payloads quickly, selecting between the Mantis™ i45 and the enhanced night variant, Mantis i45 N. Puma 3 AE is launchable by hand, bungee, rail, or vehicle, and is recoverable by deep-stall landing, providing class-leading capabilities in challenging environments around the world.
AeroVironment’s SUAS comprise the majority of all unmanned aircraft in the U.S. Department of Defense (DoD) inventory, and its rapidly growing international customer base numbers more than 50 allied governments, including the Ukraine. To learn more, visit www.avinc.com.
ABOUT AEROVIRONMENT UNMANNED AIRCRAFT SOLUTIONS
AeroVironment’s portfolio of intelligent, multi-domain robotic systems includes small footprint, runway-independent unmanned aircraft systems (UAS). These solutions offer increased, multi-mission capabilities with the option of selecting the appropriate aircraft based on the type of mission to be performed. These capabilities have the potential to provide significant force protection and force multiplication benefits to small tactical units and security personnel, as well as greater safety, scalability and cost savings to commercial operators. With the addition of the Crysalis™ next-generation ground control solution, command and control of compatible UAS and their payloads is streamlined through an intuitive user experience, and battlefield communication and collaboration are improved by enabling users to easily share real-time information and coordinate mission-critical decisions. AeroVironment provides turnkey intelligence, surveillance and reconnaissance (ISR) and support services worldwide to ensure a consistently high level of mission success. AeroVironment has delivered tens of thousands of new and replacement unmanned air vehicles to customers within the United States and to more than 50 allied governments. For more information, visit www.avinc.com/uas.
ABOUT AEROVIRONMENT, INC.
AeroVironment (NASDAQ: AVAV) provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems and serves defense, government and commercial customers. For more information, visit www.avinc.com.
SAFE HARBOR STATEMENT
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
AeroVironment, Inc.
Makayla Thomas
+1 (805) 520-8350
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Mark Boyer
For AeroVironment, Inc.
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LOS ANGELES--(BUSINESS WIRE)--Cal Solar Inc. has announced a formal launch of its EPC services (meaning Engineering, Procurement, and Construction) division to serve solar and energy development companies by leveraging its team of in-house engineers, estimators, and state-wide installation crews.
Cal Solar Inc. is able to serve customers effectively due to its in-house team of 10 engineers and in-house team of over 100 installers and field personnel throughout California. This enables Solar Developers & IPPs looking to go to one solar EPC for all of their California projects rather than select 2-3 regional EPCs to complete their projects.
Cal Solar Inc. is the largest provider of solar, energy storage, and EV charging to commercial, multifamily, and public works projects and has completed over 600 projects in over 140 different building departments and interconnected systems in over 13 electric service utilities in California.
CEO Sean Neman notes, “Our EPC services division is a natural extension of our existing business as we self-perform everything from initial design and engineering to installation and service. With local crews covering every sub-area of California, we can deliver on multi-site portfolios in a way other installers simply cannot."
The team is led by Aron Hauser, who has already begun serving some of the nation's largest distributed energy developers. Aron notes, “Because of the size of our self-perform crews, we’re able to dynamically schedule on a weekly basis and can mobilize for near-term projects on very little notice and deliver an exceptional experience. Whether it is a design-build or build-only project, we are in a unique position to be of service to the market.”
Aron Hauser
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619.322.7953
Michael Hull
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316.304.8664
Industry group details best practices to avoid carbon monoxide poisoning
CLEVELAND--(BUSINESS WIRE)--Hurricane season is here, bringing with it increased use of portable generators. While portable generators are life-saving emergency safety tools, their incorrect use can lead to carbon monoxide poisoning and even death. The Portable Generator Manufacturers’ Association (PGMA) wants to help prevent these tragic outcomes.
Take it Outside™ is a program developed to help keep portable generator owners and their families safe. Residents in at-risk states are encouraged to start thinking now, ahead of storms, about how to safely use generators and, specifically, where they can be safely positioned outside. Much like creating a strategy ahead of a house fire, it’s at times like this, before a storm strikes, that action is needed.
The Take it Outside program emphasizes that the only safe way to operate a portable generator is by taking it outside, but its location outdoors is important, too. Positioning it far away from structures, doors, and windows to prevent carbon monoxide poisoning is vital for safe operation. Planning where you will position your alternative energy source – and ensuring you have an extension cord long enough to accommodate this safe distance – is mandatory to keep people safe from the colorless, odorless threat of carbon monoxide.
It’s important to always read and follow the portable generator operator’s manual before operating. Carbon monoxide can quickly build up and linger for hours, even after the generator has shut off.
DO NOT run a portable generator inside homes, garages, basements, crawl spaces, sheds or any other partially enclosed space even if using fans or opening doors and windows for ventilation. ALWAYS place a portable generator downwind, far away from windows, doors and vents, and point the engine exhaust away from enclosed or partially enclosed spaces.
Install battery-operated carbon monoxide alarms or plug-in carbon monoxide alarms with battery backup according to the manufacturer’s instructions.
If you feel sick, dizzy or weak while using your portable generator, shut it off and get to fresh air immediately. See a doctor, as you may have carbon monoxide poisoning.
Review PGMA’s safety materials, make a plan, and practice the plan.
About PGMA
The Portable Generator Manufacturers’ Association (PGMA) is a trade association that seeks to develop and influence safety and performance standards for our industry’s products. www.pgmaonline.com.
Pete Zeller
216.579.6100 ext. 2
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New Product Supports Corporate Decarbonization Initiatives and Automatically Generates Real-Time Impact Reports for ESG Requirements
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Enersponse, a leading distributed energy resource (DER) management provider, today announced Clean Response™, a first-to-market product that automates the reduction of energy consumption when the grid is “dirty” and the majority of power is being generated from non-renewable forms of energy like gas or coal. To help curb reliance on fossil fuels, Clean Response monitors the real-time carbon make-up of the grid and when CO2 percentages are high, Enersponse matches clients’ flexible loads with intelligent automation to avoid carbon intensive energy use based on their pre-determined and customized specifications.
“Clean Response has been developed in partnership with our Fortune 500 customers to help meet their corporate ESG requirements and contribute to our combined goal of establishing a net zero future,” explained James Muraca, chief technology officer at Enersponse. “Clean Response is complementary to utility Demand Response programs and helps speed up the grid's transition towards renewable forms of energy generation and stabilize volatility that can arise during extreme weather events, which have significantly increased due climate change.”
Enersponse’s platform connects to each site providing access to real-time data and effortlessly turns Clean Response energy reduction events into an impact statement that showcases how much CO2 has been avoided or reduced across their portfolio. Customers can compare the CO2 avoided during events by the equivalent number of passenger cars removed from the road for a year; pounds of burned coal; measure the carbon sequestered by the number of acres of new forests in the U.S. annually; and more. The impact statements provide an easier way to digest the information and takes ESG reporting to the next level.
Customers of all sizes can participate by logging into Enersponse’s user-friendly online platform that provides the ability to control and choose Clean Response event settings that match the needs of each of their individual sites. When the real-time carbon intensity of the grid is higher than acceptable, Enersponse’s algorithm automates power down preferences such as dimming lights and reducing HVAC temperatures at big-box retail stores, slowing down pumping at water and wastewater treatment plants or pausing deep freeze cycles at supermarkets.
“Introducing Clean Response to our portfolio further supports our commitment to creating automated, customer-friendly power conservation solutions and doing our part in combatting climate change,” concluded Muraca.
To learn more about Clean Response, visit: www.enersponse.com.
About Enersponse: Enersponse is an energy resource management platform that works with power providers across the country to aggregate their distributed energy resource (DER) and rebate programs with energy-using clients across the U.S. to maximize financial incentives by automating load reduction responses. This process helps providers maintain a stable grid; saves customers money and earns them passive income through rebates from utility; and helps achieve corporate social responsibility objectives. The company’s intelligent automation-powered distributed energy resource platform is connected to hundreds of power generators across North America, all dispatchable to customers’ existing control systems. Enersponse’s advanced technology keeps track of what’s happening down to a micro-locational level—even for large enterprises with facilities distributed across multiple power grid providers— by monitoring weather patterns, system outages and energy pricing fluctuations and then syncs data with pre-set client preferences to intelligently adjust power use in real-time without the need for human intervention. This means less stress on internal resources and an automated one-stop-shop solution for consolidating all available energy conservation programs to maximize cost savings—ultimately paying customers and their controls companies to save energy. Enersponse received a Bronze Stevie Award in Energy Innovation of the Year in 2019, Company of the Year in Energy in the 2020 International Business Awards, the Gold Stevie Award for Company of the Year in Energy in 2021 and most recently was awarded the Global Excellence Award’s 2022 Leading Innovator in Demand Response Solutions in California. Learn more about Enersponse at www.enersponse.com or follow via social media at @Enersponse.
MEDIA CONTACT: Leslie Licano, Beyond Fifteen Communications, Inc.
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Becomes world’s first 100% solar powered lab-grown diamond producer
REHOVOT, Israel--(BUSINESS WIRE)--LUSIX, a prime grower of lab-grown diamonds (LGDs), today unveiled its Sun Grown DiamondsTM, revealing that its entire diamond growing operation is now 100% solar powered. LUSIX is the world’s first producer of 100% solar powered lab-grown diamonds.
LUSIX announced that the entire Company, including all its diamond growing operations, is fully powered by a dedicated 30-megawatt solar farm situated in southern Israel, ensuring that all LUSIX’s energy consumption is 100% accounted for by solar power. This significant milestone in lab-grown diamond production supports the Company’s mission to sustainably produce the highest quality lab-grown diamonds. LUSIX will supply its solar powered lab-grown diamonds under the commercial name: Sun Grown DiamondsTM.
“LUSIX is firmly committed to push the boundaries of both technology and sustainability,” said Benny Landa, LUSIX chairman and founder. “The diamond growing process is highly energy intensive. By employing 100% solar power, LUSIX is contributing significantly to the reduction of emissions in the diamond industry, helping to protect our planet for future generations. Being the first company to power its entire diamond growing operation with solar energy, we are setting new sustainability standards – and are making a very powerful statement: lab-grown diamonds of even the very highest quality can be produced sustainably, meeting an ever-increasing consumer desire for luxury goods that are thrilling to own and sustainably created.”
“LUSIX is committed to the highest level of sustainable practices and is sustainable-certified by SCS Global Services, an independent verification authority,” said LUSIX CEO Dr. Silviu Reinhorn. “With Sun Grown DiamondsTM we offer our customers not only confidence in the sustainable production methods we use to create our products, but also greater transparency as to their origin. Harnessing the power of the sun to grow one of nature’s most precious gifts, diamonds, is a truly remarkable milestone for LUSIX.”
About LUSIX
LUSIX is a technology-driven, prime grower of lab-grown diamonds (LGDs). Marketing its diamonds under the Sun Grown DiamondsTM mark, LUSIX is the world’s first 100% solar-powered LGD producer. The Company is unique in its ability to grow custom shaped rough diamonds, including LUSIX’s proprietary Pyramid Diamond, as well as colored rough diamonds. LUSIX is committed to the highest level of quality and traceability practices and is independently certified for its sustainability. LUSIX diamonds are grown in Israel in the world’s most scientifically advanced manufacturing facility. The Company is vertically integrated, from the design and manufacture of its own custom-made reactors to large scale production of premium quality diamonds. They are also chosen by leading luxury brands worldwide including a recent investment by LVMH Luxury Ventures.
For more information, visit www.lusix.com or contact Liz Chatelain, This email address is being protected from spambots. You need JavaScript enabled to view it., or Daniel Kahn, This email address is being protected from spambots. You need JavaScript enabled to view it..
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PAEONIAN SPRINGS, Va.--(BUSINESS WIRE)--#attitudeiseverything--Inertial Labs, developer of inertial navigation and measurement units has announced the release of Kernel-110,120, 210, 220 are a set of compact, self-contained strapdown industrial-grade (100-series) and tactical-grade (200-series) Inertial Measurement Units (IMU) that measure linear acceleration and angular rates with three-axis MEMS accelerometers and three-axis MEMS gyroscopes. Fully calibrated, temperature compensated, mathematically aligned to an orthogonal coordinate system, the Kernel-210 and 220 contain a 1 deg/hr bias in-run stability gyroscopes and 0.005 mg bias in-run stability accelerometers. The new Kernel 110,120 IMUs will be superseding Inertial Labs existing Kernel-100 IMU, whereas the Kernel 210,220 are a miniaturized version of the IMU-P Tactical unit.
The Kernel series of inertial measurement units are a fully integrated inertial solution which combines the newest MEMS sensors technology. This seamless integration allows Inertial Labs to provide an inertial system with top-of-the line performance while maintaining a high value price point. With its compact design and low power consumption, the Kernel IMUs easily integrate in a wide range of higher order systems while consuming very little space and power.
With continuous Built-in Test (BIT), configurable communications protocols, electromagnetic interference (EMI) protection, and flexible input power requirements, the Kernel-110,120,210,220 are built to be used in a wide variety of environments and integrated system applications. Units have been thoroughly tested to perform in large variations in temperature, high vibration, and shock. Designed to be used in air, marine, and land environments, the Kernel series can be integrated into Motion Reference Units (MRU), Attitude and Heading Reference Systems (AHRS), and GPS-Aided Inertial Navigation Systems (INS). As a result, the Kernel IMUs are ideal for a wide variety of applications such as autonomous vehicles, antenna and line of sight stabilizations systems, as well as buoy or boat motion monitoring.
“The new Kernel IMUs represent the innovative approach at Inertial Labs,” said Jamie Marraccini, President & CEO of Inertial Labs, “[the] high performance and the flexibility to integrate into different systems and applications is what we have striven to provide to our clients with the new Kernel IMU release.”
More on the Kernel-110,120: www.inertiallabs.com/kernel-datasheet
More on the Kernel-210,220: www.inertiallabs.com/kernel-2xx-datasheet
About Inertial Labs
Founded in 2001 and based in Northern Virginia, Inertial Labs is a trailblazer in navigation solutions and orientation technologies for land, air, and sea. A worldwide distributor network serves clients in the commercial/industrial and aerospace/defense applications.
For further information and specifications on the Inertial Labs products, please call +1-703-880-4222, e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or visit us on the Web: www.inertiallabs.com
Anton Barabashov
VP of Business Development
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: https://inertiallabs.com
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