DUBLIN--(BUSINESS WIRE)--The "Taiwan Thermal Power Market Size and Trends by Installed Capacity, Generation and Technology, Regulations, Power Plants, Key Players and Forecast, 2022-2035" report has been added to ResearchAndMarkets.com's offering.

The report provides information on the different types of power sources available in Taiwan. The report discusses the thermal power market in Taiwan and provides forecasts up to 2035.

The report highlights installed capacity and power generation trends from 2010 to 2035 in Taiwan's thermal power market. The report also provides company snapshots of some of the major market participants.

The scope of the research includes:

• A brief introduction on global carbon emissions and global primary energy consumption
• An overview of the country's power market, highlighting installed capacity trends (2010-2035), generation trends (2010-2035) and installed capacity split by various power sources
• Detailed overview of the country's thermal power market with installed capacity and generation trends, and major active and upcoming thermal power projects
• Deal analysis of the country's thermal power market
• Snapshots of some of the major market participants in the country

Key Topics Covered:

1. Introduction

1.1 Carbon Dioxide Emissions, Global, 2001-2021

1.2 Primary Energy Consumption, Global, 2001-2021

2. Power Market, Taiwan, 2010-2035

2.1 Power Market, Taiwan, Installed Capacity, 2010-2035

2.2 Power Market, Taiwan, Annual Generation, 2010-2035

3. Thermal Power Market, Taiwan

3.1 Thermal Power Market, Taiwan, Installed Capacity, 2010-2035

3.2 Thermal Power Market, Taiwan, Annual Generation, 2010-2035

3.3 Thermal Power Market, Taiwan, Market Size, 2010-2030

3.4 Thermal Power Market, Taiwan, Power Plants

3.5 Thermal Power Market, Taiwan, Deal Analysis, 2021

4. Thermal Power Policy, Taiwan

4.1 Thermal Power Policy, Taiwan, Overview

4.2 The Electricity Act

5. Thermal Power Market, Taiwan, Company Profiles

5.1 Star Energy Power Corporation

• Company Overview
• Major Products and Services
• Head Office

5.2 Kuo Kuang Power Co., Ltd

• Company Overview
• Major Products and Services
• Head Office

5.3 Taiwan Cogeneration Corp

• Company Overview
• Major Products and Services
• Head Office

5.4 Formosa Petrochemical Corp

• Company Overview
• Major Products and Services
• Head Office

5.5 CPC Corp

• Company Overview
• Major Products and Services
• Head Office

For more information about this report visit https://www.researchandmarkets.com/r/odahsi

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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Green hydrogen from Bloom’s electrolyzer expected to produce 13,000 metric tons of clean ammonia per year

LSB’s Pryor facility will become North America’s largest green ammonia production site

SAN JOSE, Calif. & OKLAHOMA CITY--(BUSINESS WIRE)--$BE #energy--Bloom Energy (NYSE: BE), a leading energy technology company, and LSB Industries, Inc. (LSB) (NYSE: LXU), the leading North American producer of industrial and agricultural chemicals, today announced plans to install a 10 megawatt (MW) solid oxide electrolyzer at LSB’s Pryor, Oklahoma facility. The project is expected to generate green hydrogen that will contribute to the synthesis of approximately 13,000 metric tons of zero-carbon ammonia per year.

Operating at superior efficiencies compared to PEM and alkaline electrolyzer technologies, Bloom Energy’s solid oxide electrolyzer is uniquely positioned to unlock clean, low-cost hydrogen at the scale needed for a net-zero economy. Bloom Energy’s high-temperature electrolyzer requires less energy to generate hydrogen than low-temperature electrolyzers on the market today. When integrated with the most energy efficient high-temperature processes like ammonia synthesis, which produces extra heat energy, Bloom’s electrolyzer is up to 30-40 percent more efficient than competing electrolyzer technologies, resulting in the lowest cost hydrogen for end customer use. With electricity accounting for up to 80 percent of the cost of hydrogen production through electrolysis, solid oxide electrolysis at scale offers a viable, cost-accessible pathway to hydrogen production. Further, clean hydrogen produced at LSB’s facility may qualify for federal incentive programs, such as those currently under evaluation by Congress.

“Achieving a net-zero future requires clean hydrogen at scale, and the collaboration between Bloom Energy and LSB is a milestone for both green hydrogen production and the decarbonization of an industry that’s vital to farmers and consumers alike,” said Rick Beuttel, vice president, hydrogen business, Bloom Energy. “We’re excited to collaborate with LSB to provide significant electrolysis efficiencies, demonstrating that zero-carbon fuels are available and accessible today.”

Ammonia is a crucial component in agricultural fertilizers, with 80 percent of ammonia production used to fertilize crops that will grow food necessary to feed the world. The vital production of ammonia, however, has historically been even more emissions-intensive than other hard-to-abate industrial sectors like cement or steel. The 10 MW solid oxide electrolyzer installation – which will contribute to making LSB’s Pryor facility the largest green ammonia production site in North America – will demonstrate the ability of hydrogen to decarbonize ammonia production and other industrial sectors, which are collectively responsible for more than one-third of global energy consumption.

ThyssenKrupp, a leading global technology, engineering, procurement, construction, and service provider to chemical plants, will co-develop the multi-phase project, developing an initial engineering design to convert a small portion of existing conventional (“gray”) ammonia capacity at LSB’s Pryor facility into green ammonia. Bloom Energy will then install, operate, and maintain the 10 MW electrolyzer at LSB’s Pryor facility, targeting hydrogen production to begin in 2023.

For more information about Bloom Energy’s solid oxide electrolyzer and the company’s commitment to a zero-carbon future, visit: www.bloomenergy.com/bloomelectrolyzer.

Forward-Looking Statements

This press release contains certain forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or the negative of these words or similar terms or expressions that concern Bloom’s expectations, strategy, priorities, plans or intentions. These forward-looking statements include, but are not limited to, Bloom’s expectations regarding the collaboration with LSB, including plans to install a solid oxide electrolyzer at LSB’s Pryor facility, integration with exothermic processes for scaling green hydrogen generation and related efficiency gains, availability of any federal clean energy incentives, projected production dates, viability, cost and timing of future hydrogen production, and progress towards any net-zero emissions or decarbonization goals. More information on potential risks and uncertainties that may impact Bloom’s business are set forth in Bloom’s periodic reports filed with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 25, 2022, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the SEC on May 6, 2022, as well as subsequent reports filed with or furnished to the SEC from time to time. Bloom assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

About Bloom Energy

Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information, visit www.bloomenergy.com.

About LSB Industries, Inc.

LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a global chemical company in Baytown, Texas. LSB’s products are sold through distributors and directly to end customers primarily throughout the United States. Committed to improving the world by setting goals that will reduce our environmental impact on the planet and improve the quality of life for all of its people, the Company is well positioned to play a key role in the reduction of global carbon emissions through its planned carbon capture and sequestration, and zero carbon ammonia strategies. Additional information about LSB can be found on its website at www.lsbindustries.com.

Bloom Energy Media Contact:
Jennifer Duffourg
480.341.5464
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Bloom Energy Investor Relations:
Ed Vallejo
267.370.9717
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DAYTON, Ohio--(BUSINESS WIRE)--REX American Resources Corporation (NYSE: REX) (“REX” or “the Company”) today reported financial results for its fiscal 2022 first quarter (“Q1 ‘22”) ended April 30, 2022. REX management will host a conference call and webcast today at 11:00 a.m. ET.

REX American Resources’ Q1 ‘22 results principally reflect its interests in six ethanol production facilities. The One Earth Energy, LLC (“One Earth”) and NuGen Energy, LLC (“NuGen”) ethanol production facilities are consolidated, while the four other ethanol plants are reported as equity in income of unconsolidated ethanol affiliates. The Company reports results for its ethanol and by-products as continuing operations and beginning in the third quarter of fiscal 2021 its refined coal as discontinued operations as operations ceased on November 18, 2021.

REX’s Q1 ‘22 net sales and revenue were $194.2 million, compared with $164.0 million in Q1 ‘21. The year-over-year net sales and revenue increase primarily reflects higher pricing of ethanol, dried distillers grains, non-food grade corn oil and modified distillers grains, while cost of sales increased due to pricing pressures across corn and natural gas prices. This led to Q1 ‘22 gross profit decline for the Company’s continuing operations to $11.9 million, compared with $19.5 million in Q1 ‘21. As a result, the Company reported Q1 ‘22 income before income taxes and non-controlling interests of $8.8 million, compared with income before income taxes and non-controlling interests of $10.2 million in the comparable year ago period.

Net income attributable to REX shareholders in Q1 ‘22 was $5.2 million, compared to net income of $7.8 million in Q1 ‘21. Q1 ‘22 basic and diluted net income per share attributable to REX common shareholders was $0.87, compared to net income per share of $1.30 in Q1 ‘21. Per share results in Q1 ‘22 and Q1 ‘21 are based on 5,945,000 and 6,010,000 diluted weighted average shares outstanding, respectively.

REX American Resources’ Chief Executive Officer, Zafar Rizvi, commented, “We are pleased with our start to fiscal 2022 as we managed through significant headwinds, including inflationary impacts on our major input costs, and logistical challenges. Despite this, we generated earnings of $0.87 per share, reflecting the success of our operating strategies, our plants' efficiency, and the expertise of our team.

"Looking ahead, we remain focused on strategically leveraging our financial resources to create added shareholder value. In particular, we continue to make progress on our carbon capture project, and evaluate other opportunities.”

Balance Sheet

At April 30, 2022, REX had cash, cash equivalents and short-term investments of $234.0 million, $39.0 million of which was at the parent company, and $195.0 million of which was at its consolidated production facilities. This compares with cash, cash equivalents and short-term investments at January 31, 2022, of $255.7 million, $42.9 million of which was at the parent company, and $212.8 million of which was at its consolidated ethanol production facilities.

First Quarter Conference Call

REX will host a conference call at 11:00 a.m. ET today. Senior management will discuss the quarterly financial results and host a question and answer session. The dial in number for the audio conference call is 415/226-5357 (domestic and international callers).

Participants can also listen to a live webcast of the call on the Company’s website, www.rexamerican.com. A webcast replay will be available for 30 days following the live event.

About REX American Resources Corporation

REX American Resources has interests in six ethanol production facilities, which in aggregate shipped approximately 700 million gallons of ethanol over the twelve-month period ended April 30, 2022. REX’s effective ownership of the trailing twelve-month gallons shipped (for the twelve months ended April 30, 2022) by the ethanol production facilities in which it has ownership interests was approximately 277 million gallons. Further information about REX is available at www.rexamerican.com.

This news announcement contains or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by use of forward-looking terminology such as “may,” “expect,” “believe,” “estimate,” “anticipate” or “continue” or the negative thereof or other variations thereon or comparable terminology. Readers are cautioned that there are risks and uncertainties that could cause actual events or results to differ materially from those referred to in such forward-looking statements. These risks and uncertainties include the risk factors set forth from time to time in the Company’s filings with the Securities and Exchange Commission and include among other things: the effect of pandemics such as COVID-19 on the Company’s business operations, including impacts on supplies, demand, personnel and other factors, the impact of legislative and regulatory changes, the price volatility and availability of corn, distillers grains, ethanol, non-food grade corn oil, commodity market risk, gasoline and natural gas, ethanol plants operating efficiently and according to forecasts and projections, logistical interruptions, changes in the international, national or regional economies, the impact of inflation, the ability to attract employees, weather, results of income tax audits, changes in income tax laws or regulations, the impact of U.S. foreign trade policy, changes in foreign currency exchange rates and the effects of terrorism or acts of war. The Company does not intend to update publicly any forward-looking statements except as required by law.

- balance sheets follow -

- statements of cash flows follow -

Douglas Bruggeman
Chief Financial Officer
(937) 276‑3931

Joseph Jaffoni, Norberto Aja
JCIR
(212) 835-8500 / This email address is being protected from spambots. You need JavaScript enabled to view it.

New facility to drive energy storage solutions sales, supply chain resilience and product innovation

MILPITAS, Calif. & PANGYO, South Korea--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”), a global leader in smart energy technology, and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, announced today the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. Located in the Eumseong Innovation City of Chungcheongbuk-Do, South Korea, Sella 2 is currently producing test cells for certification, with ramp-up expected during the second half of 2022.

Once ramped, Sella 2 will enable SolarEdge to have its own supply of lithium-ion batteries and the infrastructure to develop new battery cell chemistries and technologies. The facility is planned to manufacture battery cells for SolarEdge’s residential solar-attached batteries as well as battery cells for a variety of industries, including mobile applications, energy stationary storage solutions (ESS) and UPS applications. The facility can scale its battery cell capacity in the future to support the growing needs for storage solutions offered by the company.

Zvi Lando, Chief Executive Officer of SolarEdge, commented: “The opening of Sella 2 is an important milestone for SolarEdge. It allows us to own key processes in the development and manufacturing of advanced energy storage solutions for our solar core business and additional applications, while further securing the resilience of our supply chain. We are committed to growing our business in the energy storage market, as well as our investment in battery cell technology and cell manufacturing, further strengthening our storage product portfolio.”

About SolarEdge

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. Visit us at: solaredge.com

Lily Salkin
Global Public and Media Relations Manager
M +972-522028240
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Dana Noyman
Head of Corporate Communications and Global PR
M +972 54 999 8809
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First Study Launched in Concert with EPRI’s Climate READi™: Power Initiative

CHICAGO--(BUSINESS WIRE)--ComEd, in partnership with the U.S. Department of Energy’s (DOE) Argonne National Laboratory’s Center for Climate Resilience and Decision Science, today announced it is launching a comprehensive Climate Risk and Adaptation Study, which will examine the impact of changing weather due to climate change, including sustained heat and flooding risk, on the design and performance of the power grid in the region. This is the first study to be launched in concert with the Electric Power Research Institute’s (EPRI) Climate READi™: Power (REsilience and ADaptation initiative), a recently announced, three-year global program on climate change risk. ComEd’s parent company, Exelon Corporation, is one of 13 founding members of the initiative.

The collaboration between ComEd, Argonne and EPRI will build upon established climate science and industry best practices to help ComEd plan and build infrastructure that is more resilient to the climate changes that pose growing risks to the grid. This will be the first climate adaptation study in the region and one of the only studies in the nation to incorporate the impact of increased electrification into the climate risk planning process. The study will further inform ComEd’s grid plans, including the company’s Multi-Year Integrated Grid Plan, which will be filed with the Illinois Commerce Commission (ICC) in January 2023 as required by the Climate and Equitable Jobs Act (CEJA).

“Families and businesses in northern Illinois have a front-row seat to the increasingly severe weather caused by climate change, which has brought record-breaking temperature swings, historic tornadoes and hurricane-strength winds that continue to test the resiliency of the power grid and the reliable energy our customers have come to expect,” said ComEd CEO Gil Quiniones. “As we plan the future grid investments required to enable the state’s clean energy transition, it is essential that we fully understand future grid challenges – including the impact of climate change and electrification – to ensure our grid can adapt to changing conditions and maintain our outstanding system reliability and resiliency. We expect that the final report of this study will be released no later than the filing of our new Grid Plan so that our customers and other grid stakeholders can also consider it.”

Many parts of the grid are impacted by weather conditions, including heat, wind, flooding and icing. New weather patterns will test the limits of existing utility equipment standards and will create a challenging operational environment. At the same time, decarbonization efforts like electrification will place even more reliance on the grid as electricity demand increases in transportation, buildings, and industry.

"Argonne's partnership with ComEd shows what's possible when science and industry work together for climate resiliency," said Argonne Director Paul Kearns. “It's exciting to see that our collaboration supports effective planning for ComEd and the communities it serves with the application of our climate, infrastructure, and decision science capabilities. Ultimately, our shared goal is to provide clean, affordable, reliable power that households and businesses depend on, and ensure they are prepared for whatever future climate events unfold.”

Argonne’s analysis of future climate conditions for Northern Illinois will help ComEd to select the most effective and efficient methods for adapting to the impacts, bringing new insights to ComEd’s industry-leading grid planning practices. To understand how changing weather will impact the grid, Argonne researchers will use two climate risk pathways to identify scenarios that would exceed current design standards. Today’s best practices in grid planning look at historical weather, but climate change forces the utilities to look into the future and anticipate unprecedented weather conditions. This close collaboration between climate scientists, risk analysts and power systems engineers will help ComEd to ensure that the grid is ready to meet customers’ needs for years to come.

Climate READi, launched in late April, will convene global thought leaders and industry stakeholders to develop a common framework to address power system climate resilience and adaptation. The Climate READi framework produced from this effort will embody one of the most comprehensive, integrated approaches to physical climate risk assessment.

“As extreme weather events increase in frequency and intensity, along with society’s dependence on electricity, it will require significant proactive planning and collaboration among the energy sector and its stakeholders,” said EPRI President and CEO Arshad Mansoor. “This Climate Risk and Adaptation Study will play an integral role in informing ComEd and its partners how to prepare for the changing weather and climate of the future. We applaud ComEd for its proactive participation and look forward to working with it and other partners on this important effort, which could serve as a blueprint for a more resilient energy system as part of the clean, affordable and reliable clean energy future.”

As the nation’s utilities are increasingly challenged by severe weather associated with climate change, ComEd in the first three months of 2022 delivered its most reliable service on record for any first quarter in the company’s history. Since starting smart grid investments in 2012, ComEd has avoided more than 17 million customer interruptions due in part to smart grid and system improvements, including digital “smart switches” that automatically reroute power around potential problem areas. These investments have helped save customers more than $3 billion in avoided outages and many millions more through efficiencies created by technologies like smart meters that help resolve outages remotely.

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

The city will see new environmental benefits and increased safety for citizens resulting from Energère and Trilliant partnership

GRANBY, Québec--(BUSINESS WIRE)--Trilliant, a leading international provider of utility solutions for advanced metering and smart grid systems, and Energère, a leading energy services company based in Québec, today announced a partnership with the Ville de Granby that will enable the city to increase resident safety, reduce greenhouse emissions and realize overall energy and maintenance savings.

Energère is highly experienced in assisting cities and municipalities with lighting conversion, and will leverage Trilliant’s Internet of Things (IoT) platform as part of the solution to support the city’s upgrade of 5,794 luminaires to light-emitting diode (LED) technology. The city will integrate an intelligent lighting management system (ILS), and install 3000K warm-white, connected lighting units. Trilliant’s intelligent lighting control technology will enable real-time remote management of all lighting fixtures, optimizing operations management and reducing maintenance requirements. It will also ensure greater visibility and safety.

"The City of Granby is excited to launch this project, which is part of a larger sustainable development approach," says Mayor Julie Bourdon. "This lighting conversion will not only allow us to be more efficient and environmentally friendly, but will also improve the safety of our citizens and our roads by increasing visibility. It will also generate a decrease in our costs related to the maintenance and operation of our lighting network."

The new LED bulbs' lifespan is five times longer than that of the original bulbs. As well, the "dark sky" certification of selected products for the project will reduce the amount of light emitted towards the sky, thanks to directional lighting, and will limit intrusive light shining into residences.

This initiative will result in energy and maintenance savings each year. From an environmental perspective, in addition to protecting the night sky, the city will reduce its greenhouse gas emissions by approximately 96.5 tonnes of CO2 equivalent over a 25-year period, representing the life of the lights.

“We’re pleased to work with Energère to assist the Ville de Granby with this important project,” says Steven Lupo, Managing Director, Canada at Trilliant. “As cities and municipalities look to be more efficient and connected, our highly reliable systems can support them by driving energy efficiency, improving network reliability and lowering operating costs. Given our 35 years of innovation in Canada and our local presence in Québec, we’re particularly excited about this — and future — IoT projects in this province, as well as the rest of the country.”

Work for the Ville de Granby’s lighting conversion project is scheduled to begin the week of July 4, 2022.

• Learn more about Trilliant’s Smart Lighting Control solutions
• Learn how Energère is supporting street lighting transformations and Smart cities

About Energère
Energère is a leading energy services company (ESCo) in Québec. We provide innovative solutions that increase energy efficiency and reduce operating and maintenance expenses of buildings. Our turnkey projects come with guarantee performances; they not only help lower energy consumption, but also protect the environment by reducing greenhouse gas emissions. In addition, we implement measures that aim to improve the comfort of building occupants. Since 1997, Energère has successfully completed more than 600 energy efficiency projects in institutional, municipal, commercial and industrial markets. https://energere.com/eng/

About Trilliant
Trilliant® empowers the energy industry with the only purpose-built communications platform that enables utilities and cities to securely and reliably deploy any application on one powerful network. With the most field-proven, globally compliant solution in the market, Trilliant provides proven solutions that enable connectivity, sustainability, safety, and customer-centricity for utilities and the communities they serve, worldwide. www.trilliant.com

Cindy Watson / Anita Wong
StrategicAmpersand Inc. (on behalf of Trilliant)
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With fresh capital, Canes will be well positioned to grow Cogent’s Midland Basin footprint and provide producers with best-in-class service

DALLAS--(BUSINESS WIRE)--Canes Midstream LLC (“Canes”), a Dallas-based portfolio company of EIV Capital and Denham Capital, has closed on the acquisition of Cogent Midstream LLC (“Cogent”). The Cogent assets, located in the Southern Midland Basin, include 520 million cubic feet per day of processing capacity, over 800 miles of pipelines, 42 compressor stations, a crude oil gathering system, and substantial acreage dedications from a diverse group of Midland Basin-focused producers. The Cogent system spans 10 counties in the Midland Basin, with the bulk of the infrastructure in Reagan and Irion counties.

Scott Brown, Founder and CEO of Canes, stated, “I was with these assets at inception and am excited to return and continue to grow them. With our newer facilities and the significant capital invested by Cogent to date, we are well positioned to grow the system and provide best-in-class midstream services to our existing and future customers. I believe Canes will be the preferred midstream service provider in the Southern Midland Basin.”

“We are thrilled to expand our partnership with Canes and are confident Scott’s familiarity with the team and assets position the Cogent system to be the midstream provider of choice in the area. With fresh capital, Canes will continue to expand the system and support Permian production growth,” said Greg Davis, Partner at EIV.

James Obulaney, Managing Director of Denham, said, “Canes, via this acquisition, is well positioned to drive differentiated outcomes for area producers. We look forward to supporting Scott and team as they grow this tier-1 system to service new and existing customers in the Permian Basin.”

Wells Fargo Securities, LLC acted as exclusive financial advisor and Sidley Austin LLP acted as corporate counsel to Canes. BofA Securities served as exclusive financial advisor to Cogent.

About Canes Midstream LLC

Headquartered in Dallas, TX and founded in 2019, Canes Midstream LLC is a midstream oil and gas company that offers a full suite of midstream services to our customers. Canes’ management has been focused on gas gathering and processing as well as crude oil gathering their entire careers. For more information, visit www.canesmidstream.com.

About EIV Capital

Founded in 2009, EIV Capital is a Houston, Texas-based private equity firm specializing in providing growth equity to the North American energy industry. EIV Capital focuses on investments in businesses which create value through infrastructure, innovation or efficiency. The firm’s management has extensive experience leading and investing in successful companies across the energy value chain. For more information, visit www.eivcapital.com

About Denham Capital

Denham Capital is a leading energy, resources and sustainable infrastructure-focused investment firm with more than $12 billion of invested and committed capital across multiple fund vehicles since inception, and offices in London, Boston, Houston, Toronto, Jersey City, and Perth. The firm makes direct equity and debt investments in the energy, resources and infrastructure sectors, including businesses involving renewable power, energy resource development, and mining, across the globe. Denham’s investment professionals apply deep operational and industry experience and work in partnership with entrepreneurs and management teams to achieve long-term investment objectives. For more information about Denham Capital, visit www.denhamcapital.com.

Canes Midstream LLC
Meredith Hargrove Howard
Redbird Communications Group
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210-737-4478

Ocean Recovery Group is excited to announce that Dave Kumar has joined the company as Director of Sustainable Trade & Corporate Partnerships and Ina Ballik has joined as Director of ESG & Sustainability.

MIAMI--(BUSINESS WIRE)--Ocean Recovery Group (ORG), a Florida based social-business enterprise that leverages over 100 years of recycling industry experience to better collect, clean and recycle ocean-bound plastics, announced today that veteran recycling industry leader Dave Kumar and proven ESG expert Ina Ballik have joined Ocean Recovery Group to spearhead the company’s responsible recycling initiatives.

Dave Kumar joins Ocean Recovery Group as Director of Sustainable Trade & Corporate Partnerships. A national recycling expert, Kumar will work closely with ORG’s corporate clients to ensure compliance and attainability of corporate social responsibility goals. In partnership, Ina Ballik will lead ORG’s ESG efforts as Director of ESG & Sustainability. A skilled sustainability professional with expertise in climate change, carbon trade, carbon markets and waste management, Ballik will oversee the company’s ESG and Sustainability Department - focusing on stakeholder communications and reporting.

Both Kumar and Ballik bring Ocean Recovery Group and its clients a wealth of experience that integrates numerous facets of the recycling and environmental sustainability landscape. Kumar brings over 25 years of expertise in the recycling industry. He previously led Recycling National Accounts at International Paper, one of the world’s largest paper companies; managed the National Safety and Environmental Program at Weyerhaeuser Recycling; and oversaw Weyerhaeuser’s Pacific Northwest recycling programs.

Ballik, based in London, UK, managed her own sustainability company built on 20 years of knowledge in the Carbon Credit and International Standards Certification market. To date, Ballik has worked on hundreds of United Nations framework climate change convention greenhouse gas mitigation projects and international standards certifications in over forty countries and on five continents. Recently, Ballik led an international consortium through the ideation, conceptualization and implementation of a global sector project in India and Vietnam.

"Both Dave and Ina’s depths of expertise in environmental sustainability as it impacts the recycling sector is unparalleled," said Zachary Kirstein, Founder and President of Ocean Recovery Group. “As Ocean Recovery Group’s clients and partners strive to navigate sustainability-focused issues and opportunities, we are delighted that Dave and Ina’s knowledge and experience will help them maximize and communicate leading-edge progress.”

Ocean Recovery Group offers its partners the opportunity to achieve their sustainability goals through both the purchase of ORG’s recycled ocean-bound plastic as well as the purchase of plastic credits. For 2022 alone, ORG’s integrated-recycling operation goal is to partner with clients to collect, recycle or neutralize 12,000 tons of ocean-bound plastic.

About Ocean Recovery Group

Ocean Recovery Group is working to solve the planet’s ocean-bound plastic crisis in the Western Hemisphere. Our extensive knowledge across the recycling and packaging industries, paired with our commitment towards greater good, enables Ocean Recovery Group to effectively and efficiently divert large and scalable amounts of ocean-bound plastics to help CPG retailers achieve their sustainability goals.

Kate Raley McIlroy
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Following appointment of Bruce Stewart as CEO in March, Perch Energy continues to add top talent with the addition of energy industry veteran Sencelia Reynolds as COO; and Georgina Arreola moves to new role as VP of Policy

BOSTON--(BUSINESS WIRE)--Perch Energy (or “Perch”), a clean energy tech services platform and leading provider of community solar services, today announced the appointment of Sencelia Reynolds as Chief Operating Officer and Georgina Arreola as Vice President of Policy. Combined with the appointment of Bruce Stewart as CEO in March, Reynolds and Arreola add decades of experience to an expanding leadership team that will drive the company’s continued growth. The new appointments also represent Perch's commitment to gender equity in the workplace.

As Chief Operating Officer, Reynolds will focus on scaling operations, optimizing back-office processes, and leading platform improvements to drive an ever-improving customer experience geared towards supporting customer growth. She has extensive experience in customer operations, utility relations, pricing, and customer care. Reynolds brings over a decade of experience in the energy industry. Prior to joining Perch, Reynolds served as Chief Operating Officer at Centricity, Head of Operations and Head of Energy Pricing at Direct Energy, and Manager of Power and Natural Gas Operations at Santanna Energy Services.

“As a leading player in this evolving industry, Perch is focused on delivering value to our solar developer and asset owner partners and promoting community solar to consumers,” said Reynolds. “A best-in-class service and customer care experience is essential to accelerating the adoption of community solar. I look forward to focusing my industry experience to help expand consumer access to clean energy by scaling and improving the customer experience.”

As Vice President of Policy, Georgina Arreola will lead the expansion of Perch’s new policy and regulatory team, supporting the growth of community solar by playing a constructive role in policy debates. Arreola and the policy team will also help influence program design, increase consumer protection and advocate for greater inclusion of low-to-moderate income communities as beneficiaries. In her previous role serving as Perch's Vice President of Operations, she focused on removing barriers and identifying best practices for managing community solar projects. Arreola has over a decade of experience in research and policy advocacy within the renewable energy industry, including a seven-year tenure at the Center for Sustainable Energy, where she led numerous research and policy efforts working with key stakeholders like the California Air Resources Board, the California Energy Commission, Department of Energy, NYSERDA, Mass DOER, NREL, and more.

"I look forward to leading the growth of our policy and regulatory team as we engage with policy leaders and key stakeholders to offer practical recommendations and solutions to guide the creation of effective community solar programs," said Arreola.

"Following our recent funding round, we are continuing to make key investments in both our technology platform and the talent needed to accelerate the shift to clean energy and enable access to community solar for households and business consumers across the country," said Bruce Stewart, CEO of Perch Energy. "I am very pleased to welcome Sencelia to lead our operations team at Perch and bring onboard her expertise honed from growing, managing, and transforming partner and operations services for millions of energy customers. I am likewise pleased to have Georgina's policy, regulatory and advocacy skills fully dedicated to driving the expansion of community solar in existing and new markets. Georgina will also advise our solar partners and offer policy insights to facilitate investments in solar projects that deliver renewable energy benefits to local communities and customers,” said Stewart.

These two appointments build on Perch’s announcement in March of a $7.2 million round of Series A funding. Since the start of this year, Perch has continued to expand its business and will continue to add talent and resources to build upon its industry-leading clean energy tech services and management platform, and to accelerate the growth of its community solar services business into an expanding list of U.S. markets.

About Perch Energy
Perch Energy is a Boston-based clean energy tech and services company that offers a diverse set of products and services for homeowners, renters, businesses, and solar farm owners. From Perch’s community solar project support team, which is dedicated to effective customer onboarding, billing, and engagement, to its automated platform which makes it easy for customers to customize their energy mix and savings — Perch is on a mission to make clean energy options more accessible, more affordable and more equitable for all. Learn more at www.perchenergy.com and follow Perch Energy on Linkedin: http://linkedin.com/company/perchenergy.

Media:
Kenneth Gayles
Antenna Group for Perch Energy
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Partnership with Bloom Energy and thyssenkrupp Uhde to Produce Approximately 30,000 Metric Tons of Zero Carbon Ammonia Per Year at LSB’s Pryor Facility

OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB” or “the Company”), (NYSE: LXU), today announced that it entered into agreements with thyssenkrupp Uhde USA, LLC (“thyssenkrupp Uhde”) and Bloom Energy (“Bloom”), (NYSE:BE) to develop a project to produce approximately 30,000 metric tons of zero-carbon or “green” ammonia per year at LSB’s Pryor, Oklahoma facility (“Pryor”). Green ammonia is produced by extracting hydrogen from water using an electrolyzer powered by a renewable energy source, such as solar or wind. Since no natural gas or other fossil fuels are used as the feedstock to the ammonia production process, nor as the power source, the end-product has no associated carbon emissions.

Thyssenkrupp Uhde will develop the engineering design to convert a small portion of Pryor’s existing conventional or “grey” ammonia capacity into green ammonia. Pending results of the feasibility study currently underway, and subsequent board approval, the project will be constructed in two phases: first with Bloom supplying a 10 megawatt (MW) solid oxide electrolyzer, followed by the installation of an additional 20MW alkaline electrolyzer unit, which will be sourced from a leading manufacturer. Bloom will, own, operate and maintain the solid oxide electrolyzer that, once in operation, will be the largest of its kind in the world. Once the second electrolyzer is installed and operational, Pryor will be the largest green ammonia production site in North America.

“We are very excited to partner with Bloom Energy and thyssenkrupp Uhde in taking our first step to becoming a leading supplier of zero carbon or green ammonia in a unique facility that will have two electrolyzer technologies operating side by side. We believe that being an early entrant into the green ammonia space will allow us to become a leading player as the market evolves,” stated Mark Behrman, President, and Chief Executive Officer of LSB Industries. “This project is very important for LSB and our partners because, in addition to its initial environmental benefit, it provides a learning opportunity. With two electrolyzer technologies working together in a real-world application, we can learn how to effectively develop projects and operate facilities in this exciting new environment. We view this project as our first critical step in becoming a major facilitator and participant in the green ammonia market of the future.”

“This project highlights the value that strategic collaborations and industry-leading innovation can bring to lead advancements in decarbonizing today’s energy system,” said Rick Beuttel, vice president of Bloom Energy’s hydrogen business. “With a focus on providing highly efficient and low-cost green hydrogen at scale, we’re proud to partner with LSB to accelerate the adoption of this clean, carbon-free fuel.”

The green hydrogen produced from the electrolyzers as part of the ammonia production process is expected to qualify for federal incentive programs such as the production and investment tax credits currently under evaluation by Congress.

About LSB Industries, Inc.

LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a global chemical company in Baytown, Texas. LSB’s products are sold through distributors and directly to end customers primarily throughout the United States. Committed to improving the world by setting goals that will reduce our environmental impact on the planet and improve the quality of life for all of its people, the Company is well positioned to play a key role in the reduction of global carbon emissions through its planned carbon capture and sequestration, and zero carbon ammonia strategies. Additional information about LSB can be found on its website at www.lsbindustries.com.

About Bloom Energy

Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information, visit www.bloomenergy.com.

About thyssenkrupp Uhde USA, LLC.

thyssenkrupp Uhde USA, based in Houston, Texas, is a leading engineering, procurement and construction services provider for the North American chemical and fertilizer industry. The company offers market leading technologies from thyssenkrupp Uhde, Germany together with local EPC competence from a single source and complete value chains for green and blue ammonia, methanol, SNG, nitrous oxide abatement, and more. Their purpose statement "We create a livable planet" reflects the ambition to be a driving force in the sustainable transformation of the global industrial landscape.

Forward-Looking Statements

Statements in this release that are not historical are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance including the effects of the COVID-19 pandemic and anticipated performance based on our growth and other strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or actual achievements to differ materially from the results, level of activity, performance or anticipated achievements expressed or implied by the forward-looking statements. Significant risks and uncertainties may relate to, but are not limited to, business and market disruptions related to the COVID-19 pandemic, market conditions and price volatility for our products and feedstocks, as well as global and regional economic downturns, including as a result of the COVID-19 pandemic, that adversely affect the demand for our end-use products; disruptions in production at our manufacturing facilities; our ability to complete the preferred stock exchange transaction on the terms disclosed or at all and other financial, economic, competitive, environmental, political, legal and regulatory factors. These and other risk factors are discussed in the Company’s filings with the Securities and Exchange Commission (SEC).

Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for our management to predict all risks and uncertainties, nor can management assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. Neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Unless otherwise required by applicable laws, we undertake no obligation to update or revise any forward-looking statements, whether because of new information or future developments.

Investor Contacts:
Fred Buonocore, CFA, Vice President of Investor Relations
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Media Contact:
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HOUSTON--(BUSINESS WIRE)--Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with POSCO International Corporation (“POSCO International”), a subsidiary of POSCO Holdings, Inc., South Korea’s largest steelmaker and owner of South Korea’s first private LNG terminal.

Under the SPA, POSCO International has agreed to purchase approximately 0.4 million tonnes per annum (“mtpa”) of LNG from Cheniere Marketing on a free-on-board basis for a term of 20 years beginning in late 2026. The purchase price for LNG under the SPA is indexed to the Henry Hub price, plus a fixed liquefaction fee.

“We are pleased to enter into this long-term LNG contract with POSCO International, a key player in the global industrial complex, and we look forward to a successful, long-term relationship with POSCO International as a customer,” said Jack Fusco, Cheniere’s President and Chief Executive Officer. “The signing of this SPA further evidences the growing demand for long-term LNG supply and highlights Cheniere’s leadership in providing flexible, cleaner burning energy supply to meet both the energy security needs and environmental goals of our customers. The SPA is expected to provide additional support to the Corpus Christi Stage III Project, on which we expect to reach FID this summer.”

The SPA is subject to Cheniere making a positive final investment decision to construct the Corpus Christi Stage III Project. The Corpus Christi Stage III Project is being developed to include up to seven midscale liquefaction trains with a total expected nominal production capacity of over 10 mtpa.

About Cheniere

Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with total production capacity of approximately 45 mtpa of LNG in operation. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.

For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the Securities and Exchange Commission.

About POSCO International Corporation

POSCO International Corporation is one of South Korea’s leading companies and is engaged in the trading of steel, chemical, electronic and automobile products, as well as energy resource and infrastructure development. POSCO International was formerly known as POSCO Daewoo Corporation and changed its name to POSCO International Corporation in March 2019. POSCO International was founded in 1967 and is headquartered in Incheon, South Korea.

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements” within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are “forward-looking statements.” Included among “forward-looking statements” are, among other things, (i) statements regarding Cheniere’s financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere’s LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third-parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to Cheniere’s capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, and share repurchases, and (viii) statements regarding the COVID-19 pandemic and its impact on our business and operating results. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere’s periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.

Cheniere Energy, Inc.

Investors
Randy Bhatia, 713-375-5479
Frances Smith, 713-375-5753

Media Relations
Eben Burnham-Snyder, 713-375-5764
Phil West, 713-375-5586

DUBLIN--(BUSINESS WIRE)--The "Exploration & Production Software Market Research Report by Operation (Off-shore and On-shore), Type, Deployment, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Exploration & Production Software Market size was estimated at USD 4,755.15 million in 2021, USD 5,350.07 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 12.68% to reach USD 9,737.19 million by 2027.

In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.

It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Exploration & Production Software Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space.

It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors.

The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

• Computer Modelling Group Ltd.
• eDrilling AS
• Emerson Electric Co.
• Etech International, Inc.
• ETL SOLUTIONS
• Ikon Science Limited
• ION Geophysical Corporation
• P2 Energy Solutions.
• Rock Flow Dynamics
• Schlumberger Limited.

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Increasing digitalization in the oil & gas and energy sectors

5.1.1.2. Growing exploration of unconventional gas resources

5.1.1.3. Surge in demand for liquid hydrocarbons in the Asia Pacific region

5.1.2. Restraints

5.1.2.1. High initial investment

5.1.3. Opportunities

5.1.3.1. Increasing government fundings to support the oil & gas and energy sector

5.1.3.2. Technological advancement in the exploration and production of software

5.1.4. Challenges

5.1.4.1. Lack of technical skill among consumers

5.2. Cumulative Impact of COVID-19

5.3. Cumulative Impact of 2022 Russia Ukraine Conflict

6. Exploration & Production Software Market, by Operation

6.1. Introduction

6.2. Off-shore

6.3. On-shore

7. Exploration & Production Software Market, by Type

7.1. Introduction

7.2. Navigation System

7.3. Performance Tracking

7.4. Reservoir Simulation

7.5. Resource Valuation

7.6. Risk Management Mapping

7.7. Seismic Amplitude Analysis

8. Exploration & Production Software Market, by Deployment

8.1. Introduction

8.2. Cloud-based

8.3. On-premise

9. Americas Exploration & Production Software Market

9.1. Introduction

9.2. Argentina

9.3. Brazil

9.4. Canada

9.5. Mexico

9.6. United States

10. Asia-Pacific Exploration & Production Software Market

10.1. Introduction

10.2. Australia

10.3. China

10.4. India

10.5. Indonesia

10.6. Japan

10.7. Malaysia

10.8. Philippines

10.9. Singapore

10.10. South Korea

10.11. Taiwan

10.12. Thailand

11. Europe, Middle East & Africa Exploration & Production Software Market

11.1. Introduction

11.2. France

11.3. Germany

11.4. Italy

11.5. Netherlands

11.6. Qatar

11.7. Russia

11.8. Saudi Arabia

11.9. South Africa

11.10. Spain

11.11. United Arab Emirates

11.12. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix

12.1.1. Quadrants

12.1.2. Business Strategy

12.1.3. Product Satisfaction

12.2. Market Ranking Analysis

12.3. Market Share Analysis, By Key Player

12.4. Competitive Scenario

12.4.1. Merger & Acquisition

12.4.2. Agreement, Collaboration, & Partnership

12.4.3. New Product Launch & Enhancement

12.4.4. Investment & Funding

12.4.5. Award, Recognition, & Expansion

13. Company Usability Profiles

For more information about this report visit https://www.researchandmarkets.com/r/hm4avp

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Self-Guided Torpedo Market by Product, Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

This study presents analytical depiction of the global self-guided torpedo market analysis along with the current trends and future estimations to depict imminent investment pockets.

A torpedo is a long-range underwater weapon that can be launched below or above the water's surface. Torpedoes have the ability to self-propel towards a target with an explosive warhead designed to ignite in close proximity or impact with the target. Because of the growing demand from aircraft to carry light weight torpedo in large quantities, the manufacturing of lightweight torpedo has expanded.

This factor is responsible for propelling the self-guided torpedo market during the forecast timeframe. In addition to this, because of its self-propelled and self-guided qualities, the employment of torpedoes will continue to proliferate as underwater combat becomes more common. Increased underwater warfare is expected to open up prospects for competitors in the self-guided torpedo sector.

For the purpose of analysis, the report segments the global self-guided torpedo market based on product, type, application, and region. The report outlines the details about major products of self-guided torpedo, which include acoustic homing torpedo and wake homing torpedo.

In addition, the study provides the information about various self-guided torpedo applications such as naval vessel-launched torpedo and aerial platform-launched torpedo. Moreover, it analyzes the current market trends of self-guided torpedo across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities by analyzing the government regulations & policies.

Key Benefits

• The overall self-guided torpedo market opportunity is determined by understanding profitable trends to gain a stronger foothold.
• The report presents information related to the key drivers, restraints, and opportunities of the global self-guided torpedo market with a detailed impact analysis.
• The current self-guided torpedo market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
• Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Players

• ATLAS ELEKTRONIK GmbH
• BAE Systems plc
• Honeywell International Inc.
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Mitsubishi Heavy Industries, Ltd.
• Naval Group
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• SAAB AB

Key Topics Covered:

CHAPTER 1: INTRODUCTION

1.1. Report description

1.2. Key benefits for stakeholders

1.3. Key market segments

1.4. Research methodology

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope

3.2. Key findings

3.2.1. Top impacting factors

3.2.2. Top investment pockets

3.2.3. Top winning strategies

3.3. Porter's five forces analysis

3.4. Key player positioning, 2020

3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Rise in number of territorial conflicts throughout the world

3.5.1.2. Naval modernization programs

3.5.2. Restraint

3.5.2.1. Rise in incorporation of anti-torpedo defense systems in combat vessels

3.5.3. Opportunities

3.5.3.1. Growing demand from aircraft to carry light weight torpedo in large quantity for a warship

3.5.3.2. Rise in defense expenditure globally

3.6. COVID-19 impact analysis

3.6.1. Evolution of outbreak

3.6.2. Micro economic impact analysis

3.6.2.1. Consumer trends

3.6.2.2. Technology trends

3.6.2.3. Regulatory trends

3.6.3. Macro-economic impact analysis

3.6.3.1. GDP

3.6.3.2. Import/export analysis

3.6.3.3. Employment index

3.6.4. Impact on the self-guided torpedo industry

CHAPTER 4: SELF-GUIDED TORPEDO MARKET, BY PRODUCT

4.1. Overview

4.2. Acoustic homing torpedo

4.3. Wake homing torpedo

CHAPTER 5: SELF-GUIDED TORPEDO MARKET, BY TYPE

5.1. Overview

5.2. Heavyweight torpedo

5.3. Lightweight torpedo

CHAPTER 6: SELF-GUIDED TORPEDO MARKET, BY APPLICATION

6.1. Overview

6.2. Naval vessel-launched torpedo

6.3. Aerial platform-launched torpedo

CHAPTER 7: SELF-GUIDED TORPEDO MARKET, BY REGION

7.1. Overview

CHAPTER 8: COMPANY PROFILES

8.1. Company overview

8.2. Company snapshot

8.3. Product portfolio

8.4. Key strategic moves and developments

For more information about this report visit https://www.researchandmarkets.com/r/vaugnr

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Award supports Eden’s development of Electrical Reservoir Stimulation (ERS) technology to improve renewable geothermal power generation efficiency, save water, and unlock 100+ GWe baseload power potential of Enhanced Geothermal Systems (EGS)

Sub-Recipients on Award:

Massachusetts Institute of Technology (MIT) and Idaho National Laboratory (INL)

SOMERVILLE, Mass.--(BUSINESS WIRE)--Eden, a geoscience technology development company, announced today that it has been selected to receive $3,796,672 in federal funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) for a project titled “Electro-Hydraulic Fracturing of Enhanced Geothermal Systems.” The funding is part of the ARPA-E OPEN 2021 program, which prioritizes funding technologies that support novel approaches to clean energy challenges. Eden will develop a novel electromagnetic reservoir stimulation technology to access a larger reservoir volume to maximize heat recovery from geothermal systems, while saving billions of gallons of water when compared to traditional hydraulic fracturing methods.

“Successful stimulation of next generation geothermal reservoirs will be necessary to improve heat transfer efficiency and drastically increase power generation,” said Paris Smalls, CEO and Co-founder of Eden, and Lead Principal Investigator (PI) for the ARPA-E OPEN 2021 award. “Current hydraulic fracturing techniques, which had tremendous success in the oil and gas industry, have been mostly unsuccessful in stimulating geothermal reservoirs due to the extreme pressure and temperature conditions downhole. We are developing a radically different approach to reservoir stimulation, which utilizes high-voltage electricity as the main mechanism to increase reservoir permeability. This technology complements recent innovations in geothermal reservoir drilling, since drilled wells will need to be successfully stimulated to achieve maximum net power output per well.”

Eden’s ARPA-E OPEN 2021 award will be supported by world class researchers in the MIT Earth Resources Laboratory (MIT-ERL), MIT Civil and Environmental Engineering Department (MIT-CEE) MIT Plasma Science and Fusion Center (MIT-PSFC), and Idaho National Laboratory (INL). These institutions will assist with efforts to study the ERS technology in the lab and numerical model environments and develop custom power equipment for field demonstrations of the technology.

“In this project, I will develop a new module within the INL MOOSE-based FALCON simulator to numerically model electrical stimulation so that we can explicitly simulate the whole processes of the proposed technology and predict the amount of heat energy we can tap from the subsurface,” said Dr. Wencheng Jin, Research Scientist at INL and Co-PI of the project. “I'm excited to be part of the Eden-MIT-INL team on this gamechanging technology for Enhanced Geothermal Systems.”

“I'm excited to be working with Eden and the rest of the team on a potentially revolutionary technology for Enhanced Geothermal Systems power generation and to use my pulsed-power expertise to tackle a new challenge.,” said Dr. Jack Hare, Assistant Professor of Nuclear Science and Engineering at MIT and Research Scientist on the project.

“It’s an exciting moment to see a doctoral student rise to this level of success as a researcher and entrepreneur, taking his research from the lab to the real world”, said Dr. Herbert Einstein, Professor at MIT-CEE, PhD advisor of Paris Smalls, and Co-PI on the project.

Successful development of the technology will be essential to global renewable electrification efforts and 2050 net-zero decarbonization goals.

“In my home country of Saudi Arabia, continental rifting along the Red Sea has created volcanic “Harratsⁱ” that are accessible for power grade geothermal energy production.,” said Eden Co-founder Ammar Alali. “Our new stimulation technology has widespread implications to meet decarbonization goals in the United States as well as my home in the MENA region.”

ABOUT EDEN
Eden GeoPower Inc. (“Eden”) is developing a novel “Electrical Reservoir Stimulation” technology to increase subsurface permeability with minimal environmental impact. Market applications include geothermal heat recovery, increased fracture volume for in-situ mining, increased CO₂ injectivity during carbon sequestration, and other subsurface applications. Eden is headquartered at Greentown Labs in Somerville, MA, the largest clean technology incubator in North America. The company is supported by Good Growth Capital, Ameren, NSF-SBIR, and DOE ARPA-E. For more information, visit www.edengeopower.com.

ABOUT IDAHO NATIONAL LABORATORY
Idaho National Laboratory developed the Multiphysics Object-Oriented Simulation Environment (MOOSE) numerical framework to enable simulation of coupled multiphysics problems in an integrated manner. FALCON (Fracturing And Liquid CONvection) is the MOOSE-based software that simulates coupled processes in the subsurface. FALCON is the reference simulator used at Utah FORGE, the DOE underground field laboratory for testing novel Enhanced Geothermal Systems technologies.

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 ARPA-E
Since its founding in 2009, ARPA-E has provided $2.93 billion in R&D funding, and ARPA-E projects have attracted more than $7.6 billion in private sector follow-on funding to commercialize clean energy technologies and create sustainable clean energy jobs. Previous ARPA-E awardees have also gone on to achieve breakthroughs in commercializing a variety of energy solutions, including in the development of transformative solar, geothermal, batteries, biofuels and advanced surface coating technologies. Learn more at https://arpa-e.energy.gov/open-2021.

ⁱ The Harrat comprises volcanic fields formed by tectonic activity from the Oligocene through to the Quaternary period. It is the largest of several volcanic fields on the Arabian Plate, containing more than 800 volcanic cones and around 140 dikes. It is known to have erupted in historic times. Source

 Media contact: Julie Smith-Galvin, 781-606-1233, This email address is being protected from spambots. You need JavaScript enabled to view it.

Corinex celebrates BPL software team improving low voltage energy grid and enabling utilities to provide next-gen smart-grid applications to better serve consumers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Corinex, a world leader in broadband-over-powerline (BPL) technology and the company enabling decarbonization through self-regulating energy systems, today announced the latest release of GridValue, its grid management SaaS. Validated as the most advanced and affordable wide-area network software on the market, the new release delivers improved public key infrastructure (PKI) for up to 5 million nodes, speed and performance enhancements, and full support for new G.hn devices, which are capable of near real-time network operations speeds.

The new software is fully backward compatible with first-generation UPA broadband-over-powerline devices and offers unparalleled scaling for wide-area network deployments. GridValue can manage 2 million messages per minute and 10,000 configuration requests in parallel, backed by horizontally scalable, microservices-based architecture delivering unmatched core performance. With a versatile and fully customizable UI, GridValue supports data clustering, integrates with GIS and other visualization tools, and features multiple data storage redundancies and an innovative smart flow event-handling engine.

“Our talented software development team has created an unparalleled data aggregating and analyzing software that brings sensing capabilities to the low voltage energy grid to better serve consumer needs,” said Sajith Dimal, Sr. Software Engineer - Team Lead at Corinex. “Our high-performance platform with full G.hn compliance enables utilities to provide the next generation of smart-grid applications and distributed energy resource services to people and businesses worldwide. We’re also grateful to E.ON, one of Europe's largest energy infrastructure operators, which has supported GridValue’s research and development since 2016.”

GridValue is the first software with enough computational power to enable edge computing for advanced metering infrastructure in BPL deployments.

The GridValue software update delivers:

• Full G.hn device compliance, with G.hn operations support for new generation devices. (G.hn is the home networking standard for operations over telephone wiring, coaxial cables, power lines and optical fiber, which includes capabilities to avoid various types of radio and networking interference.)
  

• A signed configuration/firmware package, including the upload of signed files into the system and the ability to generate a new signed configuration package.
  

• Public key infrastructure (PKI) including registration authority (RA) microservice, auto/manual device certificate enrollment and revocation, certificate enrollment status update and expiration date filtering, generating notification alarms for certificate expiration, and CA update for UPA devices.
  

• Northbound Apache Kafka interface that provides Kafka Streams APIs for third-party system integration.
  

• Performance enhancements, bug fixes, and system observability enhancements including enabled backend/transport metrices.

Customers can install up to 5 million nodes per software license, enabling scaling and cost savings for large deployments. Decentralized energy production is changing the existing electric grid. Corinex’s complete energy management solution integrates distributed electricity devices, collects real-time energy data, and provides predictive models.

About Corinex
Corinex is the world leader in broadband-over-powerline (BPL) technology and solutions. Corinex offers utilities and energy service providers a full suite of high-performance networking products and software, enabling high-speed and secure connections for millions of devices over existing power-line infrastructure. Handling millions of messages per minute enables utilities to monitor performance, predict usage, optimize network performance, and provide required information to both consumers and decentralized producers of electricity. Corinex solutions are improving grid operational efficiency, advancing security, and integrating renewable energy and EV support on the low voltage part of the grid. Learn more at www.corinex.com.

Qiao Hu
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The industry leader in next-gen ultrafast charging and energy management solutions cements its place at the nexus of innovation and execution

NEWARK, Calif.--(BUSINESS WIRE)--On Tuesday, FreeWire Technologies Inc. showcased its new Global Headquarters, R&D, and Manufacturing Facility in Newark, CA. The event provided an inside look at the company’s new 66,000-square-foot facility to accelerate the development and introduction of new ultrafast charging and energy storage solutions while delivering hundreds of high-quality manufacturing and engineering jobs across the community.

“FreeWire has had a year of robust demand, and with this $20 million investment in our new facility, we are well-positioned for scale,” said Arcady Sosinov, FreeWire’s Founder and CEO. “As state and federal policymakers set ambitious and necessary electrification goals to foster an electrified future, FreeWire, and our technology stand ready to meet this moment with the urgency and innovation it demands.”

The new facility will create more than 200 well-paying engineering and manufacturing jobs in electrification and clean energy across the community. The facility will be fully operational by Fall 2022, putting FreeWire at the center of the San Francisco Bay Area’s transportation technology hub.

“This is a win-win-win for the environment, local communities, and our economy,” continued Sosinov, “We’re tremendously thankful for our world-class team, supportive investors, and local and federal officials that appreciate the solution we bring to bear.”

FreeWire is investing and expanding U.S. operations, driven by policies enacted in the Bipartisan Infrastructure Law last November. The Newark facility boasts an impressive footprint and will focus on manufacturing and scaling FreeWire’s Buy America-compliant battery-integrated EV charging equipment as well as research and development to support the company’s robust product roadmap.

“Freewire’s innovative EV charging technology fills an important gap in the market and will help make it possible for electric vehicles to go mainstream,” added David Hochschild, Chairman of the California Energy Commission (CEC).

Earlier this month, FreeWire unveiled its next-generation charger —the Boost Charger 200– which offers impressive performance and a battery-integrated design that allows seamless connection to existing infrastructure without burdensome construction costs and permitting restraints.

FreeWire continues to disrupt the EV charging market with its Boost Charger, recently showcased as a finalist in Fast Company’s 2022 World Changing Ideas Awards’ Transportation Category.

As FreeWire leads the way in battery-integrated EV charging, investors have also taken note. Last month, FreeWire raised an additional $125 million in new capital from investors, including asset manager BlackRock Inc.

About FreeWire Technologies

Founded in 2014, FreeWire Technologies is the leading manufacturer of battery-integrated EV charging stations and power solutions in the U.S. The Company’s fully-integrated Boost Charger^TM plugs into existing and ubiquitous low-voltage utility service and delivers high-power charging in areas that typically require extensive grid upgrades. The Boost Charger’s combination of proprietary battery and power conversion technology enables ultrafast EV charging at all locations, freeing customers from the costs of providing fast charging using power directly from the electric grid. FreeWire has deployed battery-integrated chargers with Fortune 100 companies, commercial customers, fleets, retail locations, and gas stations across the U.S. and has partnered with bp pulse to deploy Boost Charger in its operations across the UK.

Daniel Zotos, Director of Communications
(617) 448-7497 | This email address is being protected from spambots. You need JavaScript enabled to view it.

NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced that senior management will be participating in the following upcoming investor conferences:

• UBS Global Industrials and Transportation Conference
  Tuesday, June 7, 2022
  Time: 11:20 a.m. ET
  

• Stifel 2022 Cross Sector Insight Conference
  Wednesday, June 8, 2022
  Time: 11:30 a.m. ET

To access the live or archived webcast, visit the “Investor Relations” portion of Clean Harbors’ website at www.cleanharbors.com.

About Clean Harbors

Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, energy and manufacturing, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is North America’s largest re-refiner and recycler of used oil and a leading provider of parts washers and environmental services to commercial, industrial and automotive customers. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. For more information, visit www.cleanharbors.com.

Michael L. Battles
EVP and Chief Financial Officer
Clean Harbors, Inc.
781.792.5100
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Jim Buckley
SVP Investor Relations
Clean Harbors, Inc.
781.792.5100
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DUBLIN--(BUSINESS WIRE)--The "Micro-mobility Charging Infrastructure Market Size, Share & Trends Analysis Report by Vehicle Type, by Charger Type, by Power Source, by End Use, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global micro-mobility charging infrastructure market size is expected to reach USD 27.70 billion by 2030, growing at a CAGR of 25.2% from 2022 to 2030

Increasing awareness about green transportation modes is expected to drive the adoption of micro-mobility vehicles across the globe. An increasing number of people are preferring e-scooters for traveling over shorter distances as these vehicles take less parking space and can recharge within a shorter time.

Additionally, several charging stations for e-scooters provide a dedicated parking space, which helps reduce traffic congestion. Furthermore, these charging stations can be efficiently designed as per the available space and are adaptable to any e-scooter design. These factors are expected to create growth opportunities for the market over the forecast period.

The growing preference for wireless charging stations to charge micro-mobility vehicles at a faster rate with more convenience is expected to drive the demand for wireless charging stations. Several companies are also launching intelligent dock systems called wireless charging systems that work both indoors and outdoors.

For instance, in May 2020, Magment GmbH, a charging station provider, launched its intelligent wireless charging systems to provide flexible wireless charging to e-scooters. These wireless charging stations can be easily installed near streetlamps, parks, and electronic advertisement boxes.

The introduction of solar-powered charging stations with smart parking systems is expected to create growth opportunities for the micro-mobility charging infrastructure market. Market players are also focusing on developing and providing solar-powered charging stations for e-scooters.

Solar-powered charging stations help to charge network operators to reduce their dependency on grid stations. For instance, in October 2020, Swiftmile Inc introduced free solar-powered charging stations across various locations in the U.S.

The COVID-19 pandemic is expected to adversely impact the market. The market suffered during the pandemic but is expected to witness growth opportunities in the near future as citizens avoid public transport amid the pandemic. Moreover, the demand for wireless charging stations has increased as they offer touchless operations and help eliminate the risk of spreading the virus.

Micro-mobility Charging Infrastructure Market Report Highlights

• Numerous micro-mobility companies are focusing on implementing dockless systems for e-scooters in parking zones. This is expected to drive the growth of the e-scooters vehicle type segment over the forecast period.
• In terms of charger type, the wireless segment is expected to witness significant growth over the forecast period. Wireless charging stations are made of coil technology and magnetic concrete, which enables excellent alignment tolerance and better vertical wireless power transmission distance.
• The demand for solar-powered charging stations has increased substantially among e-scooters and e-bike users. Along with being more eco-friendly, these stations are simpler to integrate with vehicle charging tools. Moreover, buildings with solar panels can charge vehicle batteries through these stations.
• Smart cities and smart workplace initiatives across the globe are expected to encourage the uptake of micro-mobility vehicles globally. This is expected to create growth opportunities for the residential segment over the forecast period.
• Around 50 million people in the U.S. travel using bicycles regularly. This large base of potential customers is expected to fuel the North American regional market growth.

Market Dynamics

Market driver analysis

• Rise in the adoption of e-scooters due to the increasing fuel prices
• Growing demand for shared mobility solutions

Market challenge analysis

• Lack of strong policy framework

Penetration and Growth Prospect Mapping

Micro-mobility Charging Infrastructure Market - Porter's Five Forces Analysis

Micro-mobility Charging Infrastructure Market - PESTEL Analysis

Competitive Landscape

• Ather Energy
• bike-energy
• Bikeep
• Flower Turbines
• Get Charged, Inc.
• Giulio Barbieri SRL
• Ground Control Systems
• Magment GmbH
• Perch Mobility
• Robert Bosch GmbH
• Solum PV
• SWIFTMILE
• The Mobility House GmbH

For more information about this report visit https://www.researchandmarkets.com/r/wie77x

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Redbird to Assume Leadership and Management of TEN|10’s Energy Practice

FORT WORTH, Texas & DENVER--(BUSINESS WIRE)--Redbird Communications Group (Redbird) and the TEN|10 Group (TEN|10) announced today that they have completed a strategic transition whereby Redbird will assume the leadership and management of TEN|10’s robust oil and gas practice. Current TEN|10 team members have begun working in collaboration with Redbird’s energy communications professionals, providing a seamless continuum of communications counsel and service for TEN|10 energy clients.

Redbird Communications Group, based in Fort Worth and San Antonio, Texas, is a full-service strategic communications firm focused solely in the oil and gas industry. Founded in early 2019 and led by co-founders Meggan Morrison and Meredith Howard, Redbird offers a full range of services including media and public relations; website design and development; graphic design; crisis communications and incident response preparedness; environment, social and governance (ESG) consulting; media training; executive coaching; and corporate message development. Redbird focuses primarily on independent, private midstream and oil and gas exploration and production companies.

“I have worked with the TEN|10 Group for many years, most especially with the late founder, Casey Nikoloric, who was a mentor to me in the early years of my consulting career,” said Meredith Howard, Redbird co-founder and principal. “The opportunity to carry on Casey’s legacy and work alongside the remarkable team she developed is an honor. While the company name may be different, the service will be the same. We look forward to growing new relationships and continuing to provide our clients with outstanding counsel.”

“With the tragic passing of our founder and my friend Casey Nikoloric, our goal for the transition of our oil and gas practice has remained simple: to continue to provide TEN|10 clients with the high level of service and guidance they have come to expect,” said Steve Foster, longtime member of the TEN|10 team and interim principal. “I have worked with members of the Redbird team since 2013, and there is no doubt that they have the skills and capabilities to meet this goal. I am excited about this transition and the opportunity to continue to help drive our clients’ growth through strategic communications.”

Based in Denver, TEN|10 was founded by the late Casey Nikoloric and grew to be a premier strategic marketing and communications firm serving independent energy companies, private equity firms, and nonprofits. Under the new leadership of Nikoloric’s son, Ed Hine, TEN|10 will continue to provide communications services in the nonprofit and educational sectors.

About Redbird Communications Group

Redbird Communications Group (Redbird) is a full-service strategic communications firm for the energy industry. From media relations and marketing to issues management and ESG, we understand the opportunities and challenges our clients face and can help deliver messages in the most positive and productive way. Redbird has offices in Fort Worth and San Antonio and is led by co-founders Meggan Morrison and Meredith Howard, each with nearly 20 years of experience in the energy industry. For more information, please visit www.redbirdpr.com

Bevo Beaven
Redbird Communications Group
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• Guidehouse Insights released its 2022 Energy as a Service leaderboard ranking Schneider Electric No. 2
• Top ranking represents Schneider Electric’s comprehensive offerings and market growth trajectory with joint ventures AlphaStruxure and GreenStruxure

BOSTON--(BUSINESS WIRE)--Schneider Electric, the leader in the digital transformation of energy management and automation, together with joint ventures AlphaStruxure and GreenStruxure has been recognized as an industry leader in the Energy as a Service (EaaS) market with a No. 2 ranking by Guidehouse Insights EaaS Leaderboard. Schneider Electric’s top ranking results from its integrated, end-to-end, EaaS solution offerings and its opportunistic position for market growth.

The Guidehouse Insights report assesses the competitive landscape for EaaS solutions and how well companies are positioned to address customer needs. It’s intended to help customers, and market participants better understand solution offerings, differentiation, and record of accomplishment for EaaS projects.

“Schneider is a leader in the EaaS market, supported by its extensive vision, innovative go-to-market strategy, effective public presence, and technology excellence, among other factors,” said Sasha Wedekind, Principal Research Analyst with Guidehouse Insights. “It has had many public and confidential project announcements in the past year, such as the Montgomery County Brookville Smart Energy Bus Depot with AlphaStruxure, and a recent announcement of a GreenStruxure multi-site project with Bimbo Bakeries.”

Schneider Electric has and continues to expand its EaaS offering to serve the full spectrum of customer needs – as evidenced by the Microgrid Competency Center, AlphaStruxure, GreenStruxure, the recent formation of a global Sustainability Business, and its GreeNext joint venture. Schneider Electric has strategically positioned itself to be at the forefront of the market in the New Energy Landscape.

“Energy as a Service arms companies with the power to meet their energy outcomes by freeing up capital through a single, long-term energy partner. This model is helping our customers gain a competitive advantage,” said Jana Gerber, President, North America Microgrid at Schneider Electric, “With the understanding that customer priorities continue to evolve as energy demands shift, we made significant strides developing our EaaS offer, focusing on new customer verticals, and forming strategic partnerships.”

Schneider’s AlphaStruxure and GreenStruxure joint ventures unlock ambitious energy transformations for energy-intensive private and public sector organizations by designing, building, owning, operating, and maintaining tailored energy infrastructure, including microgrids. With no up-front CapEx, AlphaStruxure and GreenStruxure’s innovative EaaS models maximize results and minimize risk:

• Transferred risk: Tailored energy infrastructure is designed, built, operated, and maintained by experts who also bear all owning, operating, and performance risks.
• Cost-predictability: Avoid up-front expenditures and benefit from a contract that provides price certainty for long-term energy costs.
• Guaranteed performance: Long-term resilience, reliability, greenhouse gas reduction, and cost stability goals are realized with an accountable, fully invested energy partner

As defined by Guidehouse Insights, EaaS solutions allow customers to address sustainability, resiliency, and deferred maintenance while upgrading facilities with OpEx-only payments and immediate ROI. Outsourcing all or part of energy management to a provider is increasingly compelling because of the rising complexity of available distributed energy technologies and the challenge of meeting long-term greenhouse gas emission reduction standards. Because of these various benefits, customers across all industries are continuing to adopt and explore EaaS solutions at scale.

For more information about Schneider Electric's EaaS solutions, please access the e-guide, or visit schneider-electric.us/microgrid and schneider-electric.us/en/eaas.

For more information on AlphaStruxure, please visit alphastruxure.com and for additional information on GreenStruxure, please visit greenstruxure.com.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values. www.se.com

Discover Life Is On Follow us on: Twitter, Facebook, LinkedIn, YouTube, Instagram, Blog

Hashtags: #EnergyAsAService #Microgrid #LifeIsOn #SchneiderElectric #EaaS #AlphaStruxure #GreenStruxure

About AlphaStruxure

AlphaStruxure is a leading Energy as a Service (EaaS) provider that designs, builds, owns, operates, and maintains tailored energy infrastructure, including microgrids. Unlike other EaaS providers, AlphaStruxure owns its clients’ systems for their lifecycle, making it fully accountable for long-term outcomes on resilience, reliability, greenhouse gas reduction, and cost stability — without the CapEx or complexity. AlphaStruxure’s unique joint-venture model combines Carlyle’s capital backing with Schneider Electric’s 185+ year legacy and its track record as the #1 microgrid technology provider, with over 300 successful projects across North America. As a steadfast innovator in the new energy landscape, AlphaStruxure unlocks ambitious transformations for energy-intensive private and public sector organizations. AlphaStruxure is based in Boston, MA and operates across North America while leveraging global capabilities.
More information at alphastruxure.com | Follow AlphaStruxure at linkedin.com/company/AlphaStruxure

About GreenStruxure

GreenStruxure is your new energy supply, delivering on-site, zero carbon, digital energy for commercial and industrial buildings in the U.S. You get the energy outcomes you need – affordable, decarbonized energy, bill optimization and sustainability credits - and we make it simple and hassle free for you with no capital upfront or operational risks. GreenStruxure is backed by our strategic partners Schneider Electric and ClearGen, a Blackstone company. We are your new long-term energy partner bringing certainty and predictability in times of high volatility and rising costs.
For more information, go to www.greenstruxure.com or https://www.linkedin.com/company/greenstruxure.

Schneider Electric Media Relations – Vicki True; 774-613-1158; This email address is being protected from spambots. You need JavaScript enabled to view it.
PR agency for Schneider Electric – Lexie Janney; 202-478-1163 ext. 92401; This email address is being protected from spambots. You need JavaScript enabled to view it.