LIVONIA, Mich. & PHOENIX--(BUSINESS WIRE)--$ALTG--Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of construction and material handling equipment, today announced that it has been awarded the Arizona sales and service territory for Nikola Corporation (NASDAQ: NKLA) (“Nikola”), a global leader in zero-emissions transportation and energy infrastructure solutions.
This agreement further expands Alta’s dealer territory with Nikola beyond the NY, NJ, eastern PA and New England markets, as announced in August of 2021, and will replace Empire Transport in Arizona.
With over 37 years of experience, Alta is well-established in the midwest and the northeast with over 60 dealership locations supporting other OEMs. With a proven track record of successful growth, Alta has a clear vision for the potential of the Nikola products (i.e., battery-electric and hydrogen fuel cell electric vehicles, mobile charging trailers, hydrogen fueling infrastructure, etc.), to grow their eMobility vertical by fulfilling its commitment to clean technologies.
“We are excited to be granted this new territory as it gives us the opportunity to deepen our relationship with Nikola, especially given their headquarters and US manufacturing facility is in Arizona,” said Ryan Greenawalt, Chief Executive Officer of Alta. “It is also significant because we believe Arizona is a market prime for electric vehicle growth.”
The first Nikola product Alta will sell is the Tre battery-electric vehicle (BEV). With an expected range of up to 350 miles, the Tre BEV has a cabover design ideal for metro-regional applications because of improved visibility and maneuverability.
“As Nikola expands its BEV production in 2022 from our Coolidge, Arizona manufacturing facility, a great hometown dealer to sell and service our products is incredibly valuable,” said Pablo Koziner, President of Nikola Energy and Commercial. “Alta continues to be committed to our shared vision and is driven to grow this territory as yet another step towards a zero-emissions future. We are grateful for Alta’s enthusiasm and passion for our products and our partnership.”
About Alta Equipment Group Inc.
Alta owns and operates one of the largest integrated equipment dealership platforms in the U.S. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment and other material handling and construction equipment. Alta has operated as an equipment dealership for 37 years and has developed a branch network that includes over 60 total locations across Michigan, Illinois, Indiana, New England, New York, Ohio, Virginia and Florida. Alta offers its customers a one-stop-shop for most of their equipment needs by providing sales, parts, service, and rental functions under one roof. More information can be found at www.altg.com.
About Nikola Corporation
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
Forward Looking Statements
This presentation includes certain statements that may constitute “forward-looking statements” for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about: our future financial performance; our plans for expansion and acquisitions; and changes in our strategy, future operations, financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management. These forward-looking statements are based on information available as of the date of this presentation, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the parties’ views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to: (1) the outcome of any legal proceedings that may be instituted against us relating to the business combination and related transactions; (2) the ability to maintain our listing of shares of common stock on the New York Stock Exchange; (3) the risk that integrating our acquisitions disrupts our current plans and operations; (4) the ability to recognize the anticipated benefits of our business combination and acquisitions, which may be affected by, among other things, competition, our ability to grow and manage growth profitably, our ability to maintain relationships with customers and suppliers and retain our management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that we may be adversely affected by other economic, business, and/or competitive factors; (7) disruptions in the political, regulatory, economic and social conditions domestically or internationally; (8) major public health issues, such as an outbreak of a pandemic or epidemic (such as the novel coronavirus COVID-19), which could cause disruptions in our operations, supply chain, or workforce; and (9) and other risks and uncertainties identified in this presentation or indicated from time to time in the section entitled “Risk Factors” in our annual report on Form 10-K and other filings with the U.S. Securities and Exchange Commission (the “SEC”). The company cautions that the foregoing list of factors is not exclusive, and readers should not place undue reliance upon any forward-looking statements, which speak only as of the date made. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Alta Contacts:
Investors:
Bob Jones / Taylor Krafchik
Ellipsis
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(646) 776-0886
Media:
Glenn Moore
Alta Equipment Group
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(248) 305-2134
Nikola Media Contacts:
Nicole Rose
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480-660-6893
Colleen Robar
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313-207-5960
DUBLIN--(BUSINESS WIRE)--The "Global Stationary Lithium-ion Battery Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
Stationary lithium-ion systems are key components of the energy storage architecture, which fulfill energy storage requirements for utilities, residential, and commercial customers. The global growth of renewable energy installations has increased intermittent energy production, creating an unbalanced grid.
Companies Mentioned
This has led to a demand for energy storage solutions to balance the grid during lean times and feed back into the grid during high requirement times. Lead-acid batteries and pumped hydro storage traditionally dominated the market. However, in the past decade, the growing production of Li-ion batteries for the automobile sector has pushed down battery system prices, enabling their deployment in utility-scale, residential, and commercial storage systems.
The focus on zero carbon emissions and need to move away from fossil fuels, namely coal, for power production prompt more governments to incentivize solar and wind power installations. These installations lend themselves to battery storage systems that store excess power generated. Government incentives to incentivize Li-ion battery installations also drive deployments across developing economies. Harsh weather conditions also strain existing transmission and distribution infrastructure, leading to extended blackouts and increased demand for energy storage solutions to reduce grid dependence. However, diesel gensets and lead-acid batteries pose major competition to the development of stationary Li-ion battery systems.
Utility sector installations are key drivers for battery energy storage systems (BESS). This segment is expected to grow from $2.25 billion in 2021 to $5.99 billion in 2030 at a CAGR of 11.5%. Lead-acid batteries dominate the utility equipment segment by revenue, though Li-ion batteries show a higher 34.4% CAGR due to their low growth base. Residential and commercial energy storage segments are other areas with large market potential of $5.51 billion in 2030, from $1.68 billion in 2021. The industrial sector continues its march toward zero carbon emissions, with companies making net-zero pledges in the next two decades. Telecom and data center companies are at the forefront of reducing carbon emissions with an increased focus on renewable energy power sources. These are key growth areas for Li-ion batteries as companies find ways to ensure reliable backup and grid balancing.
Asia-Pacific will be the largest stationary lithium-ion battery market by 2030, driven by utilities and industries. It will overtake North America and Europe with a market of $7.07 billion in 2030, growing from $1.24 billion in 2021 at a CAGR of 21.3%. North America and Europe will be the next largest markets due to their goals to decarbonize their economies and grid over the next two decades. LATAM will see the highest growth rate at a CAGR of 21.4% because of its smaller size and low base.
Market trends are analyzed for the 2020-2030 period, with the base year as 2021. The market is expected to grow from $5.42 billion in 2021 to $16.36 billion in 2030 at a CAGR of 13.1%. The study covers North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa regions. The study assesses the latest trends across the globe and discusses market growth till 2030. Fierce competition is expected to come from industry participants in Japan, China, and the United States, competing with quality products. Some companies considered in this study are Tesla, LG Chem, Panasonic, Samsung SDI, BYD, and CATL.
Key Issues Addressed:
Key Topics Covered:
1. Strategic Imperatives
2. Growth Environment
3. Growth Opportunity Analysis
4. Growth Opportunity Analysis - North America
5. Growth Opportunity Analysis - Europe
6. Growth Opportunity Analysis - Asia-Pacific
7. Growth Opportunity Analysis - Latin America
8. Growth Opportunity Analysis - Middle East and Africa
9. Growth Opportunity Universe
10. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/d6ojxh
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Study to deliver comprehensive subsurface review for suitability of Carbon Capture Storage
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) today announced Energean, an independent E&P company focused on developing resources in the Mediterranean and the North Sea, awarded it a study to assess carbon storage potential of the Prinos basin in Greece.
Halliburton carbon capture, utilization and storage (CCUS) experts will collaborate with Energean to evaluate the Prinos area’s carbon dioxide (CO2) storage complex. The scope of work will include long-term plume modeling, characterizing the storage complex, and a conceptual development plan with performance modelling. Additionally, Halliburton will deploy a fully integrated CO2 storage workflow leveraging DecisionSpace 365® cloud applications including Permedia® CO2 software, the World Petroleum Congress excellence award winner.
“We are excited to build on our strong relationship with Energean and to collaborate on this exciting carbon storage subsurface study where we will utilize Energean’s deep local understanding of the Prinos areas and Halliburton’s comprehensive carbon storage knowledge,” said Martin White, vice president of Halliburton Europe, Eurasia and Sub-Saharan Africa. “This project will be the first end-to-end CCS subsurface evaluation collaboration between an operator and energy services provider in Europe, and we look forward to supporting Energean’s energy transition journey.”
“We are excited to collaborate in this landmark project with Halliburton,” said Katerina Sardi, Energean Managing Director and Country Manager in Greece. “Prinos has been identified as an ideal location to host a CO2 Storage plant with a potential storage capacity adequate to store about 100% of the emissions of the Greek manufacturing sector for a period of 10 years, starting from 2025. Halliburton’s unique know-how and acquaintance with Prinos ensures strong project collaboration and provides the basis for the successful implementation of a project that is core to Energean’s path to net zero.”
The work on the Prinos carbon storage subsurface study began in early March.
ABOUT HALLIBURTON
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 40,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the Company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
ABOUT ENERGEAN
Established in 2007, Energean is a London Premium Listed FTSE 250 and Tel Aviv Listed E&P company with operations in eight countries across the Mediterranean and UK North Sea. Since IPO, Energean has grown to become the leading independent, gas-focused E&P company in the Eastern Mediterranean, with a strong production and development growth profile. The Company explores and invests in new ideas, concepts and solutions to produce and develop energy efficiently, at low cost and with a low carbon footprint.
Halliburton
For Investors:
David Coleman
Investor Relations
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281-871-2688
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External Affairs
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281-871-2601
Energean
Paddy Blewer
Head of Corporate Communications
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+44 7765 250 857
Sotiris Chiotakis
Media & Corporate Communications
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+30 6932663877
DUBLIN--(BUSINESS WIRE)--The "Gas Insulated Substation Market Forecast, Trend Analysis & Opportunity Assessment 2021-2031" report has been added to ResearchAndMarkets.com's offering.
A recent market study published by on the Gas Insulated Substation Market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics.
After conducting thorough research on the historical and current growth parameters of the Gas Insulated Substation Market, the growth prospects of the market are obtained with maximum precision.
Gas Insulated Substation Market: Taxonomy
The Global Gas Insulated Substation Market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Voltage Rating
Base of Installation
End Use
Region
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/jk23i9
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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CLEVELAND--(BUSINESS WIRE)--GE Current, a Daintree company has today added a new category to its broad Arize® range of horticultural LED solutions, with the launch of the Arize® Integral intra-canopy lighting (ICL) fixture. Offering best-in-class lighting output of up to 346 µmol/s and efficiency of 3.5 µmol/J, the Integral is designed to help growers maximize yields of high-wire crops such as tomatoes, cucumber and peppers through more strategic deployment of light, deep within the plant canopy.
Designed for use in combination with Current’s Arize® Element L1000 top light, the Integral disperses a tailored light spectrum across a wide, 120-degree angle from both sides of the fixture, to provide the mature leaves lower in the canopy with higher photosynthetic capacity. This allows the plant to make more effective use of the available light energy to drive plant growth and fruit development, without increasing overall energy usage and associated operational costs.
A recent study conducted with Wageningen University & Research and using Integral, has revealed a 14% increase in tomato yields, with no impact on quality or taste, when the supplemental light energy was delivered through a 66:34 ratio of top lighting to ICL vs 100% top lighting. Dr. Leo Marcelis, Professor of Horticulture & Product Physiology at Wageningen University & Research commented, “We were expecting higher yields from the 34% ICL treatment but we were shocked by the scale of the increase in output.”
Bruno D’Amico, Global Product Manager for Horticulture Lighting at Current said, ”By including an intra-canopy lighting solution within our toolkit, we’re able to offer growers even more flexibility when designing a lighting strategy that will maximize the productivity of every harvest. WUR’s research has clearly shown the value of considering ICL within a greenhouse environment and we’re currently working with a number of growers to demonstrate the impact of the Arize Integral as part of their supplemental lighting plans.”
For added peace of mind, the Integral’s lifespan exceeds 54,000 hours at L90 and is covered by Current’s market-leading, five year warranty. For more information on the full Arize portfolio, as well as Current’s complete range of horticultural lighting solutions, from HPS to LED, please visit https://www.gecurrent.com/
About GE Current, a Daintree company:
Current enhances commercial and industrial facilities, cities, greenhouses and all specialty applications in between with advanced lighting and intelligent controls. Working with our partners, we deliver the best possible outcomes for our customers. Current harnesses the power of light to enable never-before-possible methods of farming, ushering in a new era of agriculture. We aim to build a world where growers can produce higher yields, cultivate with greater precision, and grow sustainably, locally and year-round to fuel a brighter future. See why Current is always on at www.gecurrent.com.
Media:
Jim Benson
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216-534-4155
Clear Seas’ new online guide sheds light on the waste commercial ships can and can’t dispose of at sea
VANCOUVER, British Columbia--(BUSINESS WIRE)--#shipwaste--More than 55,000 commercial ships sail the world’s waters annually, carrying essential goods and products that people depend on. As they move from port to port, these ships generate a range of waste and residual material, from lubrication oil, to wash water, ballast water, greywater, leftover contents in cargo holds, sewage, food waste, and other garbage.
The issue – and often confusion – around how commercial vessels treat and dispose of that waste and where it can be legally discharged is the subject of a new bi-lingual (English-French), online guide developed by Clear Seas Centre for Responsible Marine Shipping (Clear Seas). This tool gives readers an opportunity to explore and get an inside look at the different types of waste ships and their crews generate as part of daily operations, and better understand how the management and disposal of these wastes are regulated in both Canadian and international waters.
Visit the page and learn about ship waste here.
The new interactive guide is innovative because it takes users inside a large commercial vessel where they can interact with the different components, and discover what waste or residue is either created by ship crews, such as sewage, grey water, and garbage, or a result of engines and machines, including the oil that leaks from propeller shafts. It also looks at how waste from bilge pumps or surplus wash material from cargo holds is treated and regulated. The guide answers commonly asked questions about ship-generated waste and how certain levels and limits to discharge are determined.
While the marine shipping industry has been making headlines on reducing greenhouse gas emissions, they are also moving to zero waste on ships, just like all levels of government, business, and the public at large. For example, Quebec-based shipping company Desgagnés is working to ensure its flagship cargo and passenger vessel, the Belle Desgagnés, becomes the first Canadian vessel to produce zero landfill waste.
Other zero-waste programs operated through the Green Marine environmental certification program offer a process for the marine shipping industry to reduce their environmental footprint. Participants include ship owners, port authorities, terminal operators, and shipyard managers – who must demonstrate measured improvement to maintain their Green Marine certification. They use 14 performance indicators that measure progress in combating air, land, and water pollution.
Clear Seas’ online guide to managing the waste from commercial ships is an important resource for everyone concerned about minimizing the impact from shipping on the environment.
ABOUT CLEAR SEAS
Clear Seas is a not-for-profit independent research centre that provides impartial information on marine shipping in Canada to policy makers and the public. The organization’s research agenda is defined internally in response to current issues, reviewed by a research advisory committee, and approved by a board of directors. All publications are available at clearseas.org
Media:
Edward Downing
Director of Communications
Tel.: (778) 730-1359 or cell (604) 817-3058
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Uber and Cruise supported the applications and grants to fund development of 72 new charging stalls in California, enhancing infrastructure access and increasing EVgo network utilization amongst rideshare drivers
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of first electric vehicle (EV) network powered by 100% renewable electricity, today announced that the company was selected for proposed awards for two California Energy Commission (CEC) Charging Access for Reliable On-Demand Transportation Services (CARTS) grants to directly support its partnership with Uber. Using the proposed award funds of over $3.6M, EVgo will develop twin public fast charging hub sites featuring 72 charging stalls -- including 38 designated for public use -- within Los Angeles and the Bay Area. As part of this program, all four of the new charging sites will feature fast charging up to 350 kW, ultimately aiding EVgo and Uber in their shared mission to electrify the rideshare industry and provide enhanced access to public EV fast charging infrastructure in rideshare-dense regions within California and beyond.
In August 2021, the California Energy Commission (CEC) released a grant solicitation and application package entitled “Charging Access for Reliable On-Demand Transportation Services (CARTS)” under the Clean Transportation Program, designed to provide funding for projects that support EV charging infrastructure for on-demand transportation services including those such as ride-hailing, taxis, and more. The proposed awarding of two CARTS grants builds upon EVgo’s previously announced partnership with Uber, which is designed to support the adoption of EVs in the rideshare industry by decreasing their total cost of ownership through increasing access to public fast charging infrastructure. With the proposed funds from the CEC, EVgo will build 72 new fast charging stalls in rideshare-dense and ethnically diverse areas within Los Angeles, San Francisco and San Leandro. 38 of the new fast charging stalls will be open for public use in high-mobility demand zones and the balance will be dedicated to fleet vehicles, helping support more equitable access to charging infrastructure and reducing local pollution from high mileage vehicles.
“EVgo has long been a leader in fleet electrification through partnership, and in partnership with the CEC, Uber, and fleets, EVgo looks forward to continuing to build on our commitment to delivering EV fast chargers that benefits different drivers and communities across the country,” said Jonathan Levy, Chief Commercial Officer at EVgo. “This direct support from the California Energy Commission will help accelerate the deployment of fast charging that benefits fleets and retail drivers alike, making going electric a no brainer whether you’re operating a commercial fleet or don’t even have a car!”
“Climate is a team sport, and these projects between EVgo, the California Energy Commission, and Uber are a win-win-win,” said Adam Gromis, Uber’s Head of Sustainability Policy. “Together, we’ll increase access to more affordable urban fast-charging solutions in the areas where drivers most need them, increase passengers’ exposure to EV technology via more all-electric rides on Uber, and drive real emissions savings for Californians.”
As part of the company’s grant application for CARTS, EVgo garnered letters of support from industry partners including Uber and Cruise, an autonomous vehicle (AV) company with operations in California. By prioritizing the electrification of rideshare vehicles alongside access to affordable charging, EVgo, with Uber’s support, plans to use the funds to decarbonize higher-utilization drivers while providing greater exposure to EVs for riders. This comes as California begins implementation of the Clean Miles Standard, which aims for 90% of ride-hail vehicle miles traveled be zero emissions by 2030. On EVgo’s network, high utilization drivers inherit the benefit of 100% renewable energy powering every mile charged, further accelerating the decarbonization of the transportation sector. In addition, as Uber is committed to building a zero-emissions rideshare platform in all regions of operation by 2040, the development of new EV charging infrastructure supports its shared mission with EVgo to further incentivize EV purchases, increase access to EV charging infrastructure and expedite the electrification of the rideshare industry at scale.
For more information around the locations of fast chargers within EVgo’s charging network, visit www.evgo.com.
About EVgo
EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 850 charging locations, EVgo’s owned and operated charging network serves over 60 metropolitan areas across more than 30 states and approximately 340,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.
For Investors:
Ted Brooks, VP of Investor Relations
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310-954-2943
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DUBLIN--(BUSINESS WIRE)--The "Power Air Purifying Respirators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Power Air Purifying Respirators Market to Reach $3 Billion by 2026
The global market for Power Air Purifying Respirators estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2026, growing at a CAGR of 7.8% over the analysis period.
Several factors such as growing air pollution and airborne diseases have been increasing the demand for air purifying respirators globally. Growing awareness among the people about the importance of safety at work environments is expected to add to market expansion. Positive government regulations with respect to employees` safety and the emergence of various infectious biohazards such as the ongoing Covid-19 pandemic are anticipated to increase the demand for PAPRs.
Full Face Mask, one of the segments analyzed in the report, is projected to grow at a 8.5% CAGR to reach US$1.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Half Mask segment is readjusted to a revised 7.4% CAGR for the next 7-year period.
This segment currently accounts for a 31.2% share of the global Power Air Purifying Respirators market. The full face mask segment represents the largest category, driven by demand in the healthcare sector. The half-mask PAPR offers higher protection compared to N95 masks as they have high-efficiency filters.
Helmets, Hoods & Visors Segment to Reach $494.8 Million by 2026
Hoods, visors, and helmets are designed to fit several applications in the industrial sector. Growing oil & gas and construction industries augments demand for hoods, visors, and helmets. In the global Helmets, Hoods & Visors segment, USA, Canada, Japan, China and Europe will drive the 6.4% CAGR estimated for this segment.
These regional markets accounting for a combined market size of US$283.1 Million in the year 2020 will reach a projected size of US$436.2 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$32 Million by the year 2026, while Latin America will expand at a 7.1% CAGR through the analysis period.
The U.S. Market is Estimated at $732 Million in 2021, While China is Forecast to Reach $277.3 Million by 2026
The Power Air Purifying Respirators market in the U.S. is estimated at US$732 Million in the year 2021. The country currently accounts for a 36.36% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$277.3 Million in the year 2026 trailing a CAGR of 9.5% through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 7.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR while Rest of European market (as defined in the study) will reach US$303.2 Million by the end of the analysis period. North America dominates market share, owing to increased spending on health and awareness among people.
In addition, strict rules and regulations regarding the usage of air purifying respirators are also expected to augment the demand for PAPRs. Demand in Europe is expected to grow rapidly owing to growing number of respiratory risks. Growing investments in manufacturing, food & beverage, and construction sectors are likely to drive the demand for PAPRs.
Asian countries such as India and China are expected to witness substantial growth due to strict rules with respect to the health and safety of employees in several high-risk applications.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS (Total 51 Featured)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/vttnck
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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The project will contribute to the economic and energy resilience of Puerto Rico’s central highlands and provide multiple investment strategies for maximizing energy savings and generating revenue.
SAN DIEGO--(BUSINESS WIRE)--#distributedenergy--XENDEE Corporation, a leader in microgrid design and decision support software, and Idaho National Laboratory’s (INL) Net-Zero Microgrid Program support the Cooperativa Hidroeléctrica de la Montaña to develop and implement an environmentally and financially sustainable zero-carbon microgrid in Puerto Rico.
“Increasingly dangerous climate events have been devastating to Puerto Rico’s local economy and energy infrastructure. By using this new resilient energy system, Puerto Rico’s mountain regions can offer greater stability for businesses and the community while also mitigating the consequences of the next major climate event including regional economic paralysis and the mass exodus of residents during recovery periods,” said C. P. Smith, Executive Director of the Cooperativa Hidroeléctrica de La Montaña. “This added level of security and local control can immediately impact resilience and sustainability in the region while also enticing investment from both the public and private sector with reliable clean energy at attractive rates.”
The community microgrid is organized and governed by the Cooperativa Hidroeléctrica de la Montaña, the first electric power cooperative in Puerto Rico. The modeling and analysis for the microgrid planning and design is funded by the Department of Energy’s Office of Electricity Microgrid Program. Idaho National Laboratory identified and validated the input data for the microgrid including loads, distribution cables, substation capabilities and existing generation assets. Together with XENDEE’s team, this data was then populated within XENDEE’s microgrid design platform to model the energy system and create a series of investment strategies based on different organizational goals (cost savings, CO2 emissions, resiliency).
Based on these strategies, Microrred de la Montaña (Microgrid of the Mountain) will be capable of cutting existing energy costs for the community by at least 20% using solar photovoltaic cells and batteries. By incorporating existing hydroelectric technologies these cost savings could be further increased to as much as 60%. Finally, with capital expenditure to further enhance the hydroelectric capacity, the Cooperativa Hidroeléctrica de la Montaña would have an option to sell energy to the rest of the island, creating the opportunity for an even higher return on investment when amortized over the lifetime of the project. Using this model, the cooperative would not only meet the needs of the existing community with resilient technologies, but be able to sell sustainable, reliable, and affordable power back to the Puerto Rican power grid for revenue and act as a template for future microgrid developments in financially disadvantaged communities.
“This project location and mix of technologies is ideal for showcasing XENDEE’s ability to optimize microgrid designs based on organizational goals,” said Michael Stadler, CTO and co-founder of XENDEE. “This has provided the cooperative with a series of reliable, financially viable investment strategies that can be used to easily compare major design decisions like making hydroelectric upgrades or distributing technologies across different communities. The XENDEE platform also includes integrated power flow simulation, enabling our team to properly place and size technologies in each of the investment strategies and verify the technologies and distribution system can operate under peak usage conditions.”
At this time, the project team has provided eight separate investment strategies for the island featuring a blend of technologies as well as an upgrade to the hydroelectric power plants that could increase the total output of the microgrid from an intermittent 6 megawatts to 50 megawatts. The Microgrid of the Mountain will also be the first intermunicipal microgrid in Puerto Rico to provide power to multiple towns and the 90,000 residents of Adjuntas, Jayuya, Lares, and Utuado collectively.
“Microrred de la Montaña is not only the first intermunicipal microgrid in Puerto Rico, but also an exemplar Net-zero Carbon Microgrid for communities on the front lines of climate change,” said Timothy McJunkin, Technical Director of the NZM Program at INL. “This project stands out as a unique opportunity to showcase the integration of multiple non-greenhouse emitting energy sources to increase reliability and resilience and show how NZMs can be the source of economic development and prosperity for Puerto Rico and other disadvantaged communities across the U.S.”
To learn more about XENDEE, please visit https://xendee.com/.
To learn more about Idaho National Laboratory, please visit https://inl.gov/.
For more information on Cooperativa Hidroeléctrica de La Montaña and to learn more about their resiliency initiatives and investments in local power security please visit https://cooperativahidroelectrica.coop/.
About XENDEE
XENDEE develops world-class Microgrid decision support software that helps designers and investors optimize and certify the Fight-Through™ resilience and financial performance of projects with confidence. The XENDEE Microgrid platform enables a broad audience; from business decision makers to scientists, with the objective of supporting investments in Microgrids and maintaining electric power reliability when integrating sources of renewable generation. Learn more at https://xendee.com/.
About Idaho National Laboratory
Battelle Energy Alliance manages INL for the U.S. Department of Energy’s Office of Nuclear Energy. INL is the nation’s center for nuclear energy research and development, and also performs research in each of DOE’s strategic goal areas: energy, national security, science and the environment. For more information, visit www.inl.gov
About Cooperativa Hidroeléctrica de la Montaña
Hydroelectric Cooperative of the Mountain is the first electric power cooperative in Puerto Rico. The Cooperativa Hidroeléctrica de la Montaña’s mission is to provide cost-effective and resilient energy from renewable sources for its Owner-Partners in the municipalities of Adjuntas, Jayuya, Lares and Utuado. The efforts of the Cooperativa Hidroeléctrica de la Montaña are aimed at strengthening the communities in the Central Mountain Range so that its residents do not go through the challenges, risks and vicissitudes to their health and economy due to the lack of reliable and resilient electrical energy.
Press Contacts
Xendee - Jay Gadbois - This email address is being protected from spambots. You need JavaScript enabled to view it.
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The Washington, D.C.-based sustainability industry veteran with 30+ years of expertise has been recognized for her efforts advocating for the importance of improving existing buildings and becoming a champion of BREEAM in the U.S.
WASHINGTON--(BUSINESS WIRE)--The 100-year-old global building science center BRE Group (‘BRE’) has just revealed the winners of its annual BREEAM Awards, announced at the BREEAM Summit and Awards 2022 – a thought leadership and networking conference, followed by a celebration of sustainable building design. Notably, of the many esteemed international nominees considered for the category, the coveted annual Director’s Award has been granted to U.S.-based Julia Craighill of Ensight for her commendable work championing existing buildings and advocating for BREEAM as a solution to support real estate industry leaders achieve ESG goals.
BREEAM, which is a core part of BRE’s work, has been the world-leading sustainability assessment method for planning projects, infrastructure and buildings for over 30 years. The BREEAM Awards is an annual celebration recognizing the projects, people and organizations that, in the view of the independent judging panel, are leading the way with significant achievements in sustainable building design, development and management.
Julia Craighill – the founder and president of Ensight, a Washington D.C.-based firm that provides strategic consulting to help businesses improve the green performance of everyday operations in their workplaces and buildings – was chosen for this global recognition based on her advocacy for BREEAM and dedicated work supporting existing buildings to achieve BREEAM certification, among other ESG goals.
“In recent years, I’ve developed and solidified a wonderful relationship with BREEAM and its U.S.-based team, and it is an honor to receive this award recognizing the meaningful work that’s been done since my first interaction with the organization back in 2016,” said Craighill. “I specialize in advancing the sustainability of existing buildings – an essential focus for the industry considering that the 11 million existing buildings in the U.S. consume more than 76% of national electricity use and more than 40% of all energy use and associated greenhouse gas (GHG) emissions. BREEAM In-Use offers a holistic, informed approach to guide the nascent U.S. market towards sustainability best practice for existing buildings. And I look forward to continued use of BREEAM In-Use to help focus on not just greenhouse gas emissions, but also improved health and wellness, enhanced land use and ecological systems, risk management, reduced pollution, and resilience.”
Craighill’s three-decade-long career in architecture and construction has been dedicated to sustainability, and she brings a wealth of knowledge and expertise to her current work consulting on assets that span across the built environment. Craighill is the first certified BREEAM In-Use Assessor in the state of Maryland, and the eleventh In-Use Assessor in the entirety of the United States. Her ability to seamlessly educate clients and navigate the certification process – from initial registration through rating – has made her an indispensable partner for owners, managers, and occupiers of existing buildings across the nation.
Tuesday’s Summit and Awards were hosted by BRE Head of Building Performance Services Dr Shamir Ghumra, and included a keynote speech from Marie Frier, Global Head of ESG research at Barclays Bank. Marie discussed how the financial sector can support real estate’s transition to net zero, with a focus on the role of green finance. Other keynote speakers and panelists included Grace Kwok, Chairman and Executive Director, Allied Sustainability and Environmental Consultants Group Limited, Leah Barnes, Sustainability Manager, CEG and Chris Hocknell, Director, Eight Associates who explored practical solutions to achieving net zero in the built environment.
Dr Shamir Ghumra, Head of Building Performance Services at BRE, said at the event, “In a year which has seen us begin to bounce back from the pandemic, it feels particularly special to be able to celebrate such wonderful and innovative achievements from across the globe. Ensuring that buildings are fit for the future, while at same time enhancing people’s quality of life, has always been at the heart of what we do. This ceremony gives us the opportunity to thank those who have and will continue to support and advocate for BREEAM.”
Additionally, three U.S. assets owned by Unibail Rodamco Westfield have been shortlisted for the “Regional – Americas” Award category, including Westfield UTC in San Diego, CA; Westfield Garden State Plaza in Paramus, NJ; and Westfield Century City in Los Angeles, CA. Two additional U.S.-based projects have been shortlisted for the “Your BREEAM” Award – a category that is judged by a voting system open to the public. These two projects are:
The full list of 2022 BREEAM Award winners includes:
For more information on the BREEAM Summit and Awards, visit the site here. And for more information on BREEAM US, visit us here.
Notes to Editors
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About BRE & BREEAM
BRE is a world leading, multi-disciplinary, building science centre with a mission to improve buildings and infrastructure, through cutting-edge research and knowledge generation. BRE maintains a range of products, services, standards and qualifications that are used around the world to bring about positive change in the built environment. Learn more at www.bregroup.com.
BREEAM is the world’s leading sustainability assessment methodology for master planning projects, infrastructure and buildings. It recognizes and reflects the value in higher performing assets across the built environment lifecycle, from new construction, through performance in operation, to refurbishment. BREEAM, an Energy Star Partner, does this through third party certification of the assessment of an asset’s environmental, social and economic sustainability performance, using standards developed by BRE. This means BREEAM rated developments are more sustainable environments that enhance the well-being of the people who live and work in them, help protect natural resources and make for more attractive property investments. Learn more at www.breeam.com.
Emily Kaufold
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CHARLOTTE, N.C.--(BUSINESS WIRE)--DoubleRadius announced it has signed a channel partner agreement with Nokia.
As a result of this relationship, DoubleRadius will market, distribute and service the Nokia Digital Automation Cloud (DAC) application platform with edge computing and end-to-end private wireless connectivity capabilities.
DoubleRadius is a distributor of microwave broadband equipment in unlicensed, lightly licensed, and licensed bands. It recently celebrated its 20th year in business. With three warehouses in North America, the value-added distributor serves as a leading distributor within the service provider, utility, enterprise, and hospitality sectors. DoubleRadius helps design, improve, and expand operators' networks while continuing to add new and emerging technologies to benefit its customers. "We are thrilled to add Nokia to our portfolio of wireless partners," said DoubleRadius President & COO Gerry Ford. "The Nokia product line gives us a significant boost in building our catalog of wireless partners to better support service providers and small to medium enterprise organizations.”
Vikas Trehan, VP of North America Channel Sales, Nokia, said: “Through the Nokia Global Partner Program we can extend Nokia solutions to meet the needs of many more enterprises enabling their Industry 4.0 journey. As such, we are pleased to welcome DoubleRadius to the program as it leverages the Nokia DAC to support the digital transformation of its customers.”
About DoubleRadius
Founded in 2001, DoubleRadius has been helping companies build better wireless and Wi-Fi networks across North and South America. They rely on strong partnerships with leading wireless manufacturers to support service providers and enterprise business customers. Offering design, engineering, and technical support services, it is a leading value-added distributor. They equally provide solutions to both industry customers and experienced resellers. DoubleRadius' customer base includes companies spanning the telecommunications, energy, hospitality, education, Federal/State, municipal, and residential ISP verticals.
For more information, visit: www.DoubleRadius.com
Daun Holdenrid
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(866) 891-3602
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TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, is pleased to announce that it has launched Kontrol Carbon as its branded solution to support its commercial and industrial customers in the areas of GHG emission monitoring, management and carbon credit monetization.
“We see the continued growth in interest from customers who are dealing with GHG emission regulations or seek to voluntarily reduce their GHG emission footprint. We seek to leverage the Kontrol brand and assist our customers in better monitoring, managing and in some cases offsetting and/or verifying the capture of their GHG emissions,” says Paul Ghezzi, CEO of Kontrol Technologies. “Commercial and industrial buildings represent a significant source of GHG emissions, and we look forward to offering our solutions to help solve this global challenge.”
Solutions offered under the Kontrol Carbon brand will include GHG emission verification, carbon offsets and carbon capture verification. The solutions will be offered under the Kontrol Carbon brand by Kontrol’s wholly owned operating subsidiaries and will cover the industrial and commercial sector.
To accelerate its focus on the industrial building and customer market, the Company is pleased to welcome Ian Colquhoun, Ph.D., P.Geo to its Kontrol Carbon as Director of GHG Emissions. Ian is a PhD graduate of Western University and has a well-established career as a professional Geologist supporting the oil and gas and potash industries within Canada and the USA. He has worked as a petroleum geologist since 1995 and has been employed in managerial roles for small to medium sized, private, and publicly traded oil and gas companies since 2001. Ian represented the Ontario oil and gas industry as President of the Ontario Petroleum Institute (OPI) from 2012 to 2014. He has worked alongside of the Executive Director of the OPI in the preparation of the industry Sustainability Plan and Orphan Well Reclamation Program to the Ontario Provincial Government. Ian recently served as an industry representative on the Ministerial Petroleum Advisory Council.
USA REIT
Kontrol is also pleased to announce that it has been selected by a USA REIT, which operates hundreds of buildings across North America, to provide an energy management solution for the common areas of two (2) commercial buildings. Kontrol was selected following a submission and review process which began in 2021. As part of the energy management solution, Kontrol will install its SmartSuite technology and Cloud platform to provide visibility, analytics and smart control over areas which have experienced a large increase in energy costs. The installation is anticipated to be completed by the end of June 2022. For industry competitive purposes, the name of the REIT will remain confidential.
Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: future Carbon solutions to be offered by Kontrol for its potential customers; future goal of monetizing carbon credits; the anticipated timing of the installation of and energy savings that SmartSuite will provide for the USA REIT customer; the future success of any of Kontrol’s products; and customer demand relating to energy management.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future Carbon solutions can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; that the anticipated timing of the installation of and energy saving relating to the SmartSuite will go as planned for the USA REIT customer; and that demand will continue for energy management products and for the Company’s products in particular.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that the Company’s technologies will not prove as effective as expected; that customers and potential customers will not be as accepting of the Company's product and service offerings as expected and/or that demand for such products and services will not continue; that Kontrol Carbon will not be replicated in the future or that monetizing carbon credits will be attainable; and that the Company will not maintain its existing relationships or contracts on the same terms or at all.
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
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180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: (905) 766.0400
Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
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Tel: +1 (949) 546.6326
DUBLIN--(BUSINESS WIRE)--The "Oilfield Chemicals Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The oilfield chemicals market is expected to register a CAGR of over 4% during 2022-2027
This market is driven by a number of factors, such as increasing shale gas exploration and production. The opening of new horizons, due to deep-water drilling operations, is likely to act as key major opportunities for the oilfield chemicals market.
Key Highlights
Key Market Trends
Drilling & Cementing Application to Dominate the Market
North America to Dominate the Market
Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/n7qelw
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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ComEd partners with Fosler Solar, Trajectory Energy to offer free access to solar energy for low and moderate income customers
KANKAKEE, Ill.--(BUSINESS WIRE)--ComEd today announced the launch of a community solar project in Kankakee County that offers qualified ComEd customers throughout northern Illinois access to solar energy and savings of up to $1,000 annually on their electricity bills for a three-year subscription term. The Gar Creek solar project will serve up to 600 customers, and applications will be accepted through April 15 at ComEd.com/GiveARay. The project is owned by Fosler Solar, a Babcock & Wilcox company in Freeport, Ill., and was developed by Trajectory Energy Partners of Illinois.
Community solar facilities are shared by subscribers who earn credits on their electricity bills for their share of the power produced by a solar array. The Gar Creek project is part of ComEd’s “Give-A-Ray” program, which increases access to clean, solar energy for low and moderate income customers. The Gar Creek project is open to qualified customers who live anywhere in ComEd’s northern Illinois region. ComEd will pay all subscription fees on behalf of customers and manage enrollment.https://vimeo.com/690724724/63b00f403a
“At ComEd, we are committed to making the transition to clean energy as inclusive as possible, and the Gar Creek project will help us achieve that goal,” said Scott Vogt, vice president of energy acquisition at ComEd. “Our partners at Fosler Solar and Trajectory Energy share our vision, and we are excited to work with them to provide qualified customers anywhere in our region with access to solar energy regardless of their income level.”
The program is enabled by Illinois Solar for All, which helps make solar installations more affordable through state incentives, and through ComEd’s partnerships with community solar developers. The first program of its kind in Illinois, Give-A-Ray was launched last year with a community solar project that serves qualified customers in the Rockford area.
“The Gar Creek community solar project provides a unique opportunity for qualified customers to access clean, solar energy and realize meaningful savings on their energy bill,” said Nathaniel Dick, director of energy, Preservation of Affordable Housing, Inc., which supports enrollment in the project. “ComEd’s Give-A-Ray community solar program helps reduce the energy burden at our sites for low-to-moderate income families.”
By the end of this year, ComEd expects to have more than 80 community solar projects interconnected to its grid, enabling residential customers to participate in the benefits of solar energy without needing to install solar panels on their own homes. Last year ComEd also received – for the third year in a row – more than 10,000 applications from residential, commercial and industrial customers to connect distributed energy resources like solar energy to the ComEd system.
The Gar Creek community solar project is located in a low-income neighborhood and includes two solar arrays with a combined solar generation capacity of 3.5 megawatts. One of the nation’s leading community solar developers, Trajectory Energy Partners develops projects across Illinois with a focus on creating energy bill savings for qualified residents, non-profits and public facilities in environmental justice and low-income areas.
ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube
ComEd Media Relations
312-394-3500
Global energy community to gather from April 12-14 at the MGM Grand in Las Vegas
HOUSTON--(BUSINESS WIRE)--Quorum Software (Quorum), the global software leader dedicated to the energy industry, will unveil its expanded global vision at Qnections22 from April 12-14 at the MGM Grand in Las Vegas. This annual conference will bring together Quorum’s global energy community for the first time since the merger with Aucerna and acquisition of TietoEVRY’s Oil and Gas software business.
“Qnections is back for 2022 and it’s going to be better than ever. This is no ordinary Qnections as, for the first time, we’re welcoming all of our customers from around the world,” said Kyle Priest, Executive Vice President & Chief Marketing Officer of Quorum Software. “During the event, we’ll showcase our exciting, expanded vision as One Quorum, share our direction for the future, and describe how this delivers technology, innovation, and service value to every customer.”
Focused on the theme of Delivering Digital Advantage, the event will offer content dedicated to the full energy ecosystem – from planning, reserves, and economics, to hydrocarbon management, upstream operations for land accounting, production, midstream, marketing, pipeline and LNG, and of course measurement.
Attendees will have more than 100 sessions to choose from, including panel discussions on topics like ESG and the energy transition, case studies, keynotes, and best practices. During the main stage keynote address, Maynard Holt, industry thought leader and Founder & CEO of Veriten, will answer the question: “What does the energy world look like in ten years?” Product experts will also be available to answer users’ questions and help to discover new solutions across Quorum’s suite of products.
During Qnections22, Quorum’s Customer Advisory Board of trusted advisors will gather for the first time in-person. Together, they’ll help to shape the future of Quorum.
Additionally, the Qnections Technology Expo will feature Quorum’s energy partners, including EAG Services, Opportune, Magnum Forge, PwC, Capco, Capitalize, Enverus, Tory-Tech, Boxley Group, Autosol, Capgemini, Funk Futures, Whitley Penn, Novus Consulting, and Lighthouse Midstream Services.
Quorum is offering Qnections22 as a hybrid event where attendees can join in-person or virtually through an event live stream. To register for Qnections22, visit https://bit.ly/3FUrW0H.
About Quorum Software
Quorum Software is the largest fully-dedicated energy industry software provider in the world, serving more than 1,800 customers across the entire energy value chain in 55 countries. Quorum’s solutions power growth and profitability for energy businesses by connecting people, workflows, and systems with decision-ready data. Twenty years ago we delivered the industry’s first software for gas plant accountants, and today our solutions streamline business operations with industry forward data standards and integrations. The global energy industry trusts Quorum’s experts and applications to successfully navigate the energy transition while delivering value today and into the future. For more information, visit quorumsoftware.com.
Media
Adam Cormier
PAN Communications
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DUBLIN--(BUSINESS WIRE)--The "Sustainable Aviation Fuel Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global sustainable aviation fuel market to grow with a CAGR of 61% nearly the forecast period from 2021-2027.
The report on the global sustainable aviation fuel market provides qualitative and quantitative analysis for the period from 2019 to 2027. The study on sustainable aviation fuel market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2019 to 2027.
The report on sustainable aviation fuel market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global sustainable aviation fuel market over the period of 2019 to 2027. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global sustainable aviation fuel market over the period of 2019 to 2027. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
What does this Report Deliver?
Company Profiles
Report Findings
1) Drivers
2) Restraints
3) Opportunities
Segment Covered
The Global Sustainable Aviation Fuel Market by Fuel Type
The Global Sustainable Aviation Fuel Market by Aircraft Type
The Global Sustainable Aviation Fuel Market by Platform
Key Topics Covered:
1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
2.1. Sustainable Aviation Fuel Market Highlights
2.2. Sustainable Aviation Fuel Market Projection
2.3. Sustainable Aviation Fuel Market Regional Highlights
3. Global Sustainable Aviation Fuel Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Analysis of COVID-19 impact on the Sustainable Aviation Fuel Market
3.4. Porter's Five Forces Analysis
3.5. Growth Matrix Analysis
3.5.1. Growth Matrix Analysis by Fuel Type
3.5.2. Growth Matrix Analysis by Aircraft Type
3.5.3. Growth Matrix Analysis by Platform
3.5.4. Growth Matrix Analysis by Region
3.6. Value Chain Analysis of Sustainable Aviation Fuel Market
4. Sustainable Aviation Fuel Market Macro Indicator Analysis
5. Global Sustainable Aviation Fuel Market by Fuel Type
5.1. Biofuel
5.2. Hydrogen Fuel
5.3. Power to Liquid Fuel
6. Global Sustainable Aviation Fuel Market by Aircraft Type
6.1. Fixed Wings
6.2. Rotorcraft
6.3. Others
7. Global Sustainable Aviation Fuel Market by Platform
7.1. Commercial Aviation
7.2. Military Aviation
7.3. Business & General Aviation
7.4. Unmanned Aerial Vehicle
8. Global Sustainable Aviation Fuel Market by Region 2021-2027
8.1. North America
8.1.1. North America Sustainable Aviation Fuel Market by Fuel Type
8.1.2. North America Sustainable Aviation Fuel Market by Aircraft Type
8.1.3. North America Sustainable Aviation Fuel Market by Platform
8.1.4. North America Sustainable Aviation Fuel Market by Country
8.2. Europe
8.2.1. Europe Sustainable Aviation Fuel Market by Fuel Type
8.2.2. Europe Sustainable Aviation Fuel Market by Aircraft Type
8.2.3. Europe Sustainable Aviation Fuel Market by Platform
8.2.4. Europe Sustainable Aviation Fuel Market by Country
8.3. Asia-Pacific
8.3.1. Asia-Pacific Sustainable Aviation Fuel Market by Fuel Type
8.3.2. Asia-Pacific Sustainable Aviation Fuel Market by Aircraft Type
8.3.3. Asia-Pacific Sustainable Aviation Fuel Market by Platform
8.3.4. Asia-Pacific Sustainable Aviation Fuel Market by Country
8.4. RoW
8.4.1. RoW Sustainable Aviation Fuel Market by Fuel Type
8.4.2. RoW Sustainable Aviation Fuel Market by Aircraft Type
8.4.3. RoW Sustainable Aviation Fuel Market by Platform
8.4.4. RoW Sustainable Aviation Fuel Market by Sub-region
9. Company Profiles and Competitive Landscape
9.1. Competitive Landscape in the Global Sustainable Aviation Fuel Market
9.2. Companies Profiled
9.2.1. Neste
9.2.2. Aemetis, Inc
9.2.3. Avfuel Corporation
9.2.4. Avfuel Corporation
9.2.5. Gevo
9.2.6. Lanzatech
9.2.7. Preem AB
9.2.8. Sasol
9.2.9. SkyNRG
9.2.10. World Energy
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/3x7zx4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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DENVER--(BUSINESS WIRE)--The Western Markets Exploratory Group (WMEG) today announced the hiring of Utilicast, an energy consulting company, to evaluate regional market structures to improve affordability, reliability, and decarbonization opportunities across the West.
The WMEG, which is made up of 14 western utilities, plans to explore the potential for a staged approach to new market services including day-ahead energy sales, transmission system expansion, power supply and grid solutions, and existing and emerging public policies.
“Utilicast is excited to continue supporting our clients in this ambitious project to create a roadmap for greater regional market solutions in the West,” said Brian Holmes, Utilicast Director of Western Markets. “Having worked extensively in support of the evolution of independent system operator and regional transmission organization markets throughout North America, we look forward to helping the WMEG decide which path forward best meets their needs.”
The group also hopes to identify market solutions that can help achieve carbon reduction goals while supporting reliable, cost-effective service for customers. WMEG anticipates Utilicast will develop this roadmap before the end of summer 2022.
WMEG participants include Xcel Energy-Colorado, Arizona Public Service, Black Hills Energy, Idaho Power, NV Energy, Inc., PacifiCorp, Platte River Power Authority, Portland General Electric, Puget Sound Energy, Salt River Project, Seattle City Light, and Tucson Electric Power.
With the recent addition of Los Angeles Department of Water and Power and Public Service New Mexico, the WMEG now consists of 14 entities representing nearly 70,000 MW of load and 13 million customers across the Mountain West, Desert Southwest, and Pacific Northwestern part of the Western Interconnection.
Many of the organizations in the group are currently participating in, or preparing to join the California Independent System Operator’s Western Energy Imbalance Market or Southwest Power Pool’s Western Energy Imbalance Service Market. WMEG’s discussions will not impact participation in or evaluation of those markets, as the group is focused on long-term market solutions.
About Arizona Public Service
APS serves more than 1.3 million homes and businesses in 11 of Arizona’s 15 counties, and is a leader in delivering affordable, clean, and reliable energy in the Southwest. The company is committed to serving customers with 100% clean power by 2050. As owner and operator of Palo Verde Generating Station, the nation’s largest producer of carbon-free electricity, and with one of the country’s most substantial renewable energy portfolios, APS’s current energy mix is 50% clean. With headquarters in Phoenix, APS is the principal subsidiary of Pinnacle West Capital Corp. (NYSE: PNW)
About Black Hills Corp.
Black Hills Corp. (NYSE: BKH) is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves over 1.3 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. More information is available at www.blackhillscorp.com.
About Idaho Power
Idaho Power, headquartered in vibrant and fast-growing Boise, Idaho, has been a locally operated energy company since 1916. Today, it serves a 24,000-square-mile area in Idaho and Oregon. The company’s goal to provide 100% clean energy by 2045 builds on its long history as a clean-energy leader that provides reliable service at affordable prices. With 17 low-cost hydroelectric projects at the core of its diverse energy mix, Idaho Power’s residential, business and agricultural customers pay among the nation’s lowest prices for electricity. Its 2,000 employees proudly serve more than 600,000 customers with a culture of safety first, integrity always and respect for all.
IDACORP Inc. (NYSE: IDA), Idaho Power’s independent publicly traded parent company, is also headquartered in Boise, Idaho. To learn more, visit idahopower.com or idacorpinc.com.
About Los Angeles Department of Water and Power
The Los Angeles Department of Water and Power (LADWP) is the nation’s largest municipal utility, with 8,019 megawatts (MW) of electric capacity and serving an average of 435 million gallons of water per day to the more than 4 million residents of Los Angeles, its businesses and visitors. For more than 100 years, LADWP has provided the city with reliable water and power service in a cost effective and environmentally responsible manner
About NV Energy
NV Energy provides a wide range of energy services to more than 1.5 million customers throughout Nevada and a typical tourist population of 54 million annually. NV Energy, Inc. is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, do business as NV Energy. NV Energy is headquartered in Las Vegas, Nevada. Information about NV Energy is available on the company's website, Twitter, Facebook and YouTube pages, which can be accessed via nvenergy.com.
About PacifiCorp
Innovating to power a better future for the West, PacifiCorp operates the largest grid in the western United States, serving the growing energy needs of 2 million customers through 17,645 miles of transmission lines over a service area of 141,503 square miles. Our operating divisions are leaders in providing safe, reliable and sustainable low-cost power. Pacific Power serves 800,000 customers in Oregon, Washington and California. Rocky Mountain Power serves 1.2 million customers in Utah, Idaho and Wyoming.
About Platte River Power Authority
Platte River Power Authority is a not-for-profit, community-owned public power utility that generates and delivers safe, reliable, environmentally responsible and financially sustainable energy and services to Estes Park, Fort Collins, Longmont and Loveland, Colorado, for delivery to their utility customers. For more information, visit prpa.org.
About Portland General Electric
Portland General Electric (NYSE: POR) is a fully integrated energy company based in Portland, Oregon, with operations across the state. The company serves approximately 900,000 customers with a service area population of 2 million Oregonians in 51 cities. PGE owns 16 generation plants across Oregon and other Northwestern states and maintains and operates 14 public parks and recreation areas. For over 130 years, PGE has delivered safe, affordable and reliable energy to Oregonians. Together with its customers, PGE has the No. 1 voluntary renewable energy program in the U.S. PGE and its 3,000 employees are working with customers to build a clean energy future. In 2020, PGE, employees, retirees and the PGE Foundation donated $5.6 million and volunteered 18,200 hours with more than 400 nonprofits across Oregon. For more information visit www.PortlandGeneral.com/news.
About Public Service New Mexico
With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving more than 530,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit PNM.com
About Puget Sound Energy (PSE)
Puget Sound Energy is proud to serve its neighbors and communities in 10 Washington counties. PSE is the state’s largest utility, supporting 1.2 million electric customers and nearly 900,000 natural gas customers. The company aspires to be a beyond net zero carbon energy company by 2045. For more about PSE, visit pse.com or follow on Facebook and Twitter.
About Salt River Project (SRP)
SRP is a community-based, not-for-profit public power utility and the largest provider of electricity in the greater Phoenix metropolitan area, serving more than 1 million customers. SRP is also the metropolitan area’s largest supplier of water, delivering about 750,000 acre-feet annually to municipal, urban and agricultural water users.
About Seattle City Light
Seattle City Light, one of the nation’s largest publicly owned utilities, generates and delivers affordable, reliable and environmentally responsible power to the homes, businesses, and communities we serve. We provide carbon-neutral electricity, generated primarily from carbon-free hydropower, to over 900,000 residents in Seattle and the surrounding areas.
About Tucson Electric Power
TEP provides safe, reliable electric service to more than 438,000 customers in Southern Arizona. For more information, visit tep.com. TEP and its parent company, UNS Energy, are subsidiaries of Fortis Inc. (TSX/NYSE: FTS), which owns utilities that serve more than 3 million customers across Canada and in the United States and the Caribbean. For more information, visit fortisinc.com.
About Xcel Energy
Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook.
Arizona Public Service
Yessica del Rincon, This email address is being protected from spambots. You need JavaScript enabled to view it., 480-209-8513
Black Hills Corp.
Theresa Donnelly, This email address is being protected from spambots. You need JavaScript enabled to view it., 303-566-3496
Idaho Power
Brad Bowlin, This email address is being protected from spambots. You need JavaScript enabled to view it., 208-388-2803
Los Angeles Department of Water and Power
Ellen Cheng, This email address is being protected from spambots. You need JavaScript enabled to view it.
NV Energy
Jennifer Schuricht, This email address is being protected from spambots. You need JavaScript enabled to view it., 702-402-5241
PacifiCorp
Tom Gauntt, This email address is being protected from spambots. You need JavaScript enabled to view it., 503-813-6018
Platte River Power Authority
Steve Roalstad, This email address is being protected from spambots. You need JavaScript enabled to view it., 970-229-5311
Portland General Electric
Brianne Hyder, This email address is being protected from spambots. You need JavaScript enabled to view it., 503-464-2067
Public Service New Mexico
Ray Sandoval, This email address is being protected from spambots. You need JavaScript enabled to view it.
Puget Sound Energy (PSE)
Melanie Coon, This email address is being protected from spambots. You need JavaScript enabled to view it.
Salt River Project (SRP)
Patty Garcia-Likens, This email address is being protected from spambots. You need JavaScript enabled to view it., (602) 245-0047
Seattle City Light
Jenn Strang, This email address is being protected from spambots. You need JavaScript enabled to view it., 206-677-6295
Tucson Electric Power
Joe Salkowski, This email address is being protected from spambots. You need JavaScript enabled to view it., 520-404-3164
Xcel Energy
This email address is being protected from spambots. You need JavaScript enabled to view it., 720-253-8162
PARIS--(BUSINESS WIRE)--Regulatory News:
Technip Energies (PARIS:TE) (the “Company”), a leading Engineering & Technology company for the Energy Transition, today announces the launch of a share buy-back program of up to 29,850,000 euros to be executed until December 31, 2022 following the publication of this press release. The share buy-back program will be carried out in accordance with the authorisation of the Boards of Directors and the provisions of the Market Abuse Regulation (EU) 596/2014, Commission Delegated Regulation (EU) 2016/1052 and Rule 10b5-1(c) of the U.S. Securities Exchange Act of 1934 (as amended).
The Company intends to carry out the buy-back program, and hold the shares bought back as treasury stock, for the purpose of meeting the Company’s obligations under equity incentive plans.
As of March 22, 2022, the Company holds approximately 3 million treasury shares, representing approximately 1.7 percent of its issued share capital.
The Company will appoint one broker to execute the share buy-back program in accordance with all applicable regulations. The broker will make their decisions relating to the purchase of Company shares independently, including with respect to the timing of any purchases, and all purchases effected will be in compliance with daily limits on prices and volumes.
The maximum number of shares that could be acquired under the program for 29,850,000 euros would be 2,700,000 shares, which represents approximately 1.5 percent of the Company’s issued share capital. Purchases of shares will be made on the regulated market of Euronext Paris.
The price paid for any share purchased pursuant to the share buy-back program shall be subject to a maximum of the greater of (i) the price of the last independent trade and (ii) the highest current independent purchase bid on the regulated market of Euronext Paris, and all other terms and conditions that may be agreed with the broker.
The actual timing, number and value of Company shares repurchased under the share buy-back program will depend on a number of factors, including market conditions, general business conditions and applicable legal requirements. The Company is not obligated to carry out the share buy-back program, and, if commenced, the share buy- back program may be suspended and discontinued at any time, for any reason and without previous notice, in accordance with applicable laws and regulations.
The share buy-back program implements the authorization granted by the Company’s sole shareholder prior to the listing of the Company on February 15, 2021 to repurchase shares in accordance with the authorisation of the Board of Directors.
The Company will announce details of any share purchases effected pursuant to the share buy-back program, as required by applicable laws and regulations. The costs that the Company may incur in connection with the purchase of the shares pursuant to the share buy-back program will depend on the price and the terms on which actual purchases are made.
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADRs”) program, with its ADRs trading over-the-counter. For further information: www.technipenergies.com.
Forward-looking statements
This press release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events and anticipated revenues, earnings, cash flows or other aspects of Technip Energies’ operations or operating results. Forward-looking statements are often identified by the words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “may,” “estimate,” “outlook,” and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on Technip Energies. While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.
All of Technip Energies’ forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies’ control) and assumptions that could cause actual results to differ materially from Technip Energies’ historical experience and Technip Energies’ present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.
For information regarding known material factors that could cause actual results to differ from projected results, please see Technip Energies’ risk factors set forth in Technip Energies’ filings with the U.S. Securities and Exchange Commission, which include amendment no. 4 to Technip Energies’ registration statement on Form F-1 filed on February 11, 2021.
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Technip Energies undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
Disclaimers
This release is intended for informational purposes only for the shareholders of Technip Energies. This press release contains information within the meaning of Article 7(1) of the EU Market Abuse Regulation. This press release is not intended for distribution in jurisdictions that require prior regulatory review and authorization to distribute a press release of this nature.
The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, US persons, absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offer of the Shares in the United States or in any other jurisdiction. The Shares are being offered outside the United States in transactions that are not subject to the Securities Act pursuant to Regulation S under the Securities Act (“Regulation S”) to persons other than US persons (within the meaning of Regulation S) and in the United States to "qualified institutional buyers" (“QIBs”) pursuant to an exemption from, or in transactions not subject to, the registration requirements of the Securities Act.
Investors Relations
Philip Lindsay
Vice-President Investors Relations
+44 203 429 3929
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Media Relations
Stella Fumey
Director, Press Relations & Digital Communications
+33 (1) 85 67 40 95
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Jason Hyonne
Press Relations & Social Media Lead
+33 1 47 78 22 89
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The renewable energy retailer’s new product automates energy usage and financially rewards consumers for conserving energy in times of peak demand
HOUSTON--(BUSINESS WIRE)--Renewable energy retailer Octopus Energy today announced the launch of Intelligent Octopus, its first-ever integrated demand response, fixed-rate plan that rewards customers with a specialized rate for helping to balance the grid when demand for energy is high. By enrolling in Intelligent Octopus, customers are able to benefit from the power of demand response, which reduces energy usage during peak demand to avoid system failures. Specifically, Intelligent Octopus allows customers to automate energy usage and save money when prioritizing energy efficiency and grid resilience.
Intelligent Octopus will pair directly with smart home devices. With today’s beta launch, Intelligent Octopus customers can connect their smart thermostats to Octopus Energy’s system that monitors grid activity. When demand on the grid increases, Octopus Energy adjusts enrolled customers’ thermostats for 5- to 15-minute increments to decrease energy usage, afterwhich customers’ smart home products are adjusted back to their original settings. This helps to decrease demand on the grid when it nears its peak and rewards customers for helping to balance the grid through a lower rate product.
Intelligent Octopus is powered by Octopus Energy’s proprietary Kraken technology that uses advanced data and machine learning to automate a majority of the energy supply chain. This capability allows customers to access power when it is cheaper and greener, while helping to balance the overall stability of the grid. Intelligent Octopus will also expand to additional smart home devices and providers in the months to come.
“Too often the energy industry focuses only on supply side solutions, such as building more power plants or transmission lines,” said Michael Lee, CEO of Octopus Energy U.S. “This strategy isn’t just inefficient, but it’s also extremely costly. Energy retailers who lead the future of the industry will focus on the ability of consumers to strengthen our energy systems and build new, innovative products that enable a balanced grid through more intelligent demand. With Intelligent Octopus, we’re making it easier than ever for consumers to engage with their energy use while rewarding them for taking positive actions to maintain the grid for themselves and their neighbors.”
Today, less than 2 percent of customers participate in demand response programs in Texas. This is because consumers are left with a status quo where most energy providers prioritize profit over quality service. Traditional energy providers take an approach that leaves consumers with unexpected price hikes, confusing bills and limited communication channels despite energy powering our everyday lives. These energy players have also been resistant to modern technology innovations that can vastly improve customer experiences, increase energy efficiency and enable a stronger grid. Unlike these players, Octopus Energy is built on an AI and machine learning platform that streamlines energy services and empowers its consumers with transparency around their energy bills and usage. Intelligent Octopus further expands Octopus’ offerings and is one of the first-ever demand response plans in Texas that rewards enrolled customers for helping to balance the grid.
About Octopus Energy
Octopus Energy Group is a technology-driven, renewable energy retailer, directly supplying over 3.2 million customers globally with 100% green electricity at a cheaper price and with a focus on incredible customer service. Founded six years ago as a global energy retailer, Octopus Energy entered the U.S. market in 2020, forming Octopus Energy U.S. and fueling the company’s global expansion. Octopus Energy is valued at nearly $5 billion and is one of energy-tech’s fastest-growing private companies. To learn more, visit: www.octopusenergy.com.
Pakelody Cheam
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SASKATOON, Saskatchewan--(BUSINESS WIRE)--$CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) reported today that it filed its annual report on Form 40-F with the US Securities and Exchange Commission. The document includes Cameco’s audited annual financial statements for the year ended December 31, 2021, its management’s discussion and analysis (MD&A), and its Canadian annual information form (AIF).
In addition, Cameco filed its AIF with Canadian securities regulatory authorities. Its audited annual financial statements for the year ended December 31, 2021, and its MD&A were filed with Canadian securities regulatory authorities in February 2022.
All of these documents are posted on our website. Shareholders may obtain hard copies of these documents, including the financial statements, free of charge by contacting:
Cameco Investor Relations
2121 11th Street West
Saskatoon, SK S7M 1J3
Phone: 306-956-6294
On April 6, 2022, Cameco plans to post on its website the management proxy circular that is being distributed to shareholders of record as of March 11, 2022, for its annual meeting of shareholders on May 10, 2022.
Profile
Cameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate power in safe, reliable, carbon-free nuclear reactors. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.
Investor inquiries:
Rachelle Girard
306-956-6403
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Media inquiries:
Jeff Hryhoriw
306-385-5221
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