PARIS--(BUSINESS WIRE)--Technip Energies (Paris:TE) (ISIN:NL0014559478), leader of a consortium with Clough, has been selected to perform the Front End Engineering Design (FEED) for TotalEnergies’ Papua LNG project’s upstream production facilities in Papua New Guinea.

The upstream production facilities cover the development of the Elk and Antelope onshore gas fields including the well pads and the central processing facility.

It also incorporates a carbon capture and sequestration (CCS) scheme to remove the fields’ native CO₂ and reinject it into the reservoirs.

Technip Energies and Clough offer a very robust combination to identify and tackle the specific challenges of this project, lay solid foundations for its execution and foster a sustainable ecosystem around it.

Loic Chapuis, SVP Gas & Low Carbon Energies of Technip Energies, commented: “We are very proud to be entrusted by TotalEnergies for this strategic development which will feed the future Papua LNG trains. Leveraging our expertise designing gas units, integrating technologies and managing CO₂ as well as our experience delivering large scale projects we are committed to make this project a reference in the industry”.

John Galvin, Executive Vice President APAC of Clough, said: “I am pleased for Clough to be part of another important and exciting project supporting our communities in Papua New Guinea. Our strong history of working in Papua New Guinea combined with our diverse engineering capabilities stand us in good stead for the delivery of the continuing scope of work which we will endeavour to be awarded.”

About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO₂ management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) trading over-the-counter in the United States. For further information: www.technipenergies.com.

About Clough

Clough is a pioneering engineering and construction company established in 1919 in Perth, Western Australia. Clough delivers sustainable high performing assets for the infrastructure, resources and energy industries underpinned by a dedication to problem solving and getting the job done safely and efficiently.

Today, Clough manages a global workforce of over 2000 people from operating centres across Australia, Asia Pacific, UK, and North America that strive for the best in everything, setting new safety and performance benchmarks every single day.

Clough is a wholly owned subsidiary of Murray & Roberts, a multinational group that focuses its expertise on delivering sustainable and fit-for-purpose project engineering, procurement, construction, commissioning, operations and maintenance solutions. The Group delivers its capabilities into the resources, industrial, energy, water and specialised infrastructure sectors.
www.cloughgroup.com

Important Information for Investors and Securityholders

Forward-Looking Statement

This release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events and anticipated revenues, earnings, cash flows or other aspects of Technip Energies’ operations or operating results. Forward-looking statements are often identified by the words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “may,” “estimate,” “outlook,” and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on Technip Energies. While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.
All of Technip Energies’ forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies’ control) and assumptions that could cause actual results to differ materially from Technip Energies’ historical experience and Technip Energies’ present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.
For information regarding known material factors that could cause actual results to differ from projected results, please see Technip Energies’ risk factors set forth in Technip Energies’ filings with the U.S. Securities and Exchange Commission, which include amendment no. 4 to Technip Energies’ registration statement on Form F-1 filed on February 11, 2021.
Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Technip Energies undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.

Investor relations
Phil Lindsay
Vice-President Investor Relations
Tel: +44 203 429 3929
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Media relations
Stella Fumey
Director Press Relations & Digital Communications
Tel: +33 (1) 85 67 40 95
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Jason Hyonne
Press Relations & Social Media Lead
Tel: +33 1 47 78 22 89
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HOUSTON--(BUSINESS WIRE)--Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris”) announced today that its Board of Directors has declared a quarterly cash dividend of $0.105 per share of Class A common stock, to be paid on September 16, 2022 to holders of record as of September 6, 2022. A distribution of $0.105 per unit has also been approved for holders of units in Solaris Oilfield Infrastructure, LLC, which is subject to the same payment and record dates.

About Solaris Oilfield Infrastructure, Inc.

Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) provides mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris’ patented equipment and services are deployed across oil and natural gas basins in the United States. Additional information is available on our website, www.solarisoilfield.com.

Yvonne Fletcher
Senior Vice President, Finance and Investor Relations
(281) 501-3070
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TORONTO--(BUSINESS WIRE)--$DMJ #carbonemissions--dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that dynaCERT is installing ten (10) HydraGEN™ Units on a variety of diesel-powered vehicles for the City of Timmins (“Timmins” or the “City”) in Ontario, Canada.

Timmins has committed to run a very comprehensive pilot programme to determine the economic, social, and governance (“ESG”) objectives of the City. The deployment of the benefits of dynaCERT’s Technology, which are designed to reduce fuel consumption and carbon and NOx emissions, while reducing the Greenhouse Gas Emissions (GHG) footprint of diesel vehicles, will be closely monitored on vehicles employed by the City of Timmins. Both fuel reductions and emissions will be meticulously monitored with dynaCERT’s HydraLytica™ proprietary telematics technology and other accepted methods of measurement for such purposes.

Deployment of these innovative technologies commences in September 2022 on an initial selection of the Timmins Fleet to determine emission reductions and fuel savings specific to their current utilization. Buses, co-collection trucks, landfill equipment, and Public Works diesel-powered equipment will have HydraGEN™ Technology installed.

Timmins recognizes the immediate imperative of utilizing commercially available technologies to reduce its Carbon Footprint and welcomes the Company’s patented HydraGEN™ Technology, which was granted the Smart Sustainable Company Rating in furtherance of the United for Smart Sustainable Cities Programme (U4SSC) of the United Nations.

Timmins is a City surrounded by a progressive mining and forestry community and distinguishes itself as being dynaCERT’s first City in Canada where the need for such GHG savings technologies requires the robust ability to function in Canada’s severe Northern climate on a year-round basis. dynaCERT and the City of Timmins have agreed that, for such purposes, the pilot programme will run well into the Canadian winter months to ensure compliance with the City’s short term and long term GHG objectives.

Ken Krcel, Director of Public Works and Environmental Services for the City of Timmins, stated, “We’re interested in finding a sustainable solution for lowering our GHG emissions without compromising performance or service standards. The opportunity to collaborate with dynaCERT allows us to gather real time data on how our diesel vehicles will perform in colder temperatures with the applied technology.”

Scott Tam, Manager of Environmental Services for the City of Timmins, stated, “The City of Timmins strives to be a leader of sustainability in northeastern Ontario. As a member of the Partners for Climate Protection Program, the City of Timmins has developed a Greenhouse Gas Reduction Plan to reduce GHG emissions and this project will help reach our reduction goals.”

Jim Payne, President & CEO of dynaCERT, stated, “On behalf of dynaCERT, I am looking forward to the deployment of our HydraGEN™ Technology with the progressive City of Timmins. Our proprietary and patented HydraGEN™ Technology is designed to reduce fuel consumption in internal combustion engines and reduce Carbon and NOx emissions, along with the proposed future benefits gained with dynaCERT Carbon Credits all of which is so important in providing a global solution to reduce pollution. Progressive governments, such as the officials of the City Council of Timmins and the City’s entire team of broadminded trailblazers are all fighting a noble battle against air pollution. dynaCERT warmly congratulates the City of Timmins and its citizens and leaders.”

About The City of Timmins

The City of Timmins is centrally located in Northeastern Ontario and serves as a regional hub for approximately 117,000 people. Known as the “City with a Heart of Gold”, Timmins is home to a diverse population of about 41,000 residents within an area that is considered one of the richest gold-mining districts in the world. Timmins is ideally situated for the exploration and production of critical minerals, which are integral to the electric vehicle supply chain, green manufacturing and decarbonization. For more information on City services and programs, visit www.Timmins.ca.

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com.

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, the information related to the City of Timmins which cannot be independently verified. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board
Murray James Payne, CEO

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

Accelerates design and development of hydrogen fuel cells for use in Phoenix vehicle and equipment lines

ANAHEIM, Calif.--(BUSINESS WIRE)--Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix”), a leader in manufacturing of all-electric, medium-duty vehicles, announced the acquisition of hydrogen fuel cell manufacturing assets, including an automated, robotic fuel cell assembly line, from Altergy Systems (“Altergy”). Phoenix will utilize the manufacturing facility to design and produce hydrogen fuel cells to power forklifts, hybrid buses, vans and trucks, and long-range, heavy-duty trucks.

Phoenix Motorcars CEO, Dr. Lance Zhou commented, “We are excited to further expand our operations with our entrance into the rapidly growing hydrogen fuel cell market. The acquisition of these manufacturing assets enables Phoenix to accelerate its development plans, and leverage the automated production capabilities of these facilities, as we transition to mass production of hydrogen fuel cells for the burgeoning EV market in the coming quarters. In addition, the Inflation Reduction Act, also known as the U.S. climate bill, which was signed into law this week, should provide tremendous incentives, opportunities and market stability for us to grow this important clean energy power source. We are currently integrating the acquired assets and facility into our company and look forward to providing regular updates as we achieve important milestones in the hydrogen fuel cell business.”

The acquired manufacturing facility, located in Folsom, CA, has the capability to produce a fuel cell every 30 seconds on its advanced, robotic fuel cell assembly line. With the ability to produce fuel cells in high volumes, using off-the-shelf materials, stamped and molded fabrication, and robotic automated assembly equipment, Phoenix Motorcars plans to raise production at the Folsom facility in the quarters ahead.

About Phoenix Motor Inc.

Phoenix Motor Inc., a pioneer in the electric vehicles (“EVs”) industry, through its wholly owned subsidiaries, designs, assembles, and integrates electric drive systems and light and medium duty EVs and markets and sells electric vehicle chargers for the commercial and residential markets. Phoenix operates two primary brands, “Phoenix Motorcars” focused on commercial products including medium duty EVs, chargers and electric forklifts, and “EdisonFuture” which intends to offer light-duty EVs. As an EV pioneer, the Company delivered its first commercial EV in 2014 and deployed the very first zero emission airport shuttle bus at the Los Angeles International Airport (“LAX”); the LAX fleet has grown to 39 electric shuttle buses, one of the largest of its kind. Los Angeles Air Force Base in El Segundo and NASA’s Jet Propulsion Laboratory in Pasadena, California are among customers for the Company’s first-generation E Series Zeus EVs. Phoenix intends to be a leading designer, developer and manufacturer of electric vehicles and electric vehicle technologies. For more information, please visit: www.phoenixmotorcars.com and www.edisonfuture.com.

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are no guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s ability to convert concept trucks and vans into production and sales; the Company’s product development timeline and expected start of production; development of competitive trucks and vans manufactured and sold by the Company’s competitors and major industry vehicle companies; the Company’s ability to scale in a cost-effective manner; the Company’s future capital requirements and sources and uses of cash; the Company’s ability to obtain funding for its future operations; the Company’s financial and business performance; changes in the Company’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; the implementation, market acceptance and success of its business model; expectations regarding the Company’s ability to obtain and maintain intellectual property protection and not infringe on the rights of others; and other risks contained in the Offering prospectus and reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, including those set forth in the Risk Factors section of the Company's registration statement and Offering prospectus, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Investor Relations Contacts:
Mark Hastings, SVP & Head of Investor Relations
Sioban Hickie, ICR Inc.
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NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has opened its first U.S.-based technology center in Boston in accordance with the company’s expansion strategy. Listed on the New York Stock Exchange, FREYR is collaborating with its joint venture (“JV”) partners from Koch Strategic Platforms (“KSP”) to accelerate the development of Giga America, the company’s first U.S. Gigafactory.

In addition to the JV with KSP, which is intended to position the partners among the largest battery manufacturers in the U.S., FREYR has already established a long-term partnership with 24M Technologies (“24M”), also based in the Boston area. FREYR’s battery manufacturing process will be initially based on 24M’s SemiSolid™ platform, which is designed to drive capital and operational efficiencies relative to conventional production methodologies.

“The U.S. is a critical strategic market for FREYR. With the recent passage of the Inflation Reduction Act, the U.S. is on a path to accelerate the buildout of clean, localized battery supply chains, which dovetails with our long-term strategy. As we proceed with site selection for Giga America, establishing our first U.S. location in close proximity to our partners at 24M will enhance technology development, collaboration, personnel development, and strategic coordination,” remarked Tom Einar Jensen, FREYR’s CEO.

FREYR’s progress to date in the U.S. includes previously announced conditional offtake agreements with Honeywell (NASDAQ: HON) and Powin Energy, advancing a rigorous Gigafactory site selection process, and appointments of key personnel including Group CFO, Oscar Brown, and Vice President of Investor Relations, Jeffrey Spittel. With commercial momentum building following the passage of the Inflation Reduction Act, FREYR is now accelerating the development timetable for Giga America.

“FREYR aspires to be a global champion in the clean battery industry, and we plan to achieve this objective by building robust local capabilities in key end markets such as the U.S. As we proceed with our plans to accelerate FREYR’s U.S. expansion, our Boston presence will support our efforts to recruit key talent, strengthen our strategic partnerships, and establish clean, localized battery supply chains,” concluded Jensen.

About FREYR Battery

FREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions. Listed on the New York Stock Exchange, FREYR’s mission is to produce green battery cells to accelerate the decarbonization of energy and transportation systems globally. FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in Vaasa, Finland, and the United States. FREYR intends to install 50 GWh of battery cell capacity by 2025 and 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030. To learn more about FREYR, please visit www.freyrbattery.com

Cautionary Statement Concerning Forward-Looking Statements

All statements, other than statements of present or historical fact included in this press release, including, without limitation, statements regarding FREYR’s aim to establish a strong presence in the American market and Giga America; the JV’s ability to position FREYR and KSP among the largest battery manufacturers in the U.S.; the 24M’s SemiSolid™ platform technology’s ability to ensure that FREYR’s strategic ambitions for clean and localized battery cell production are realized; the importance and impact of the Inflation Reduction Act for the U.S. low-carbon future; FREYR’s ability to convert any conditional agreements into definitive agreements; FREYR’s ability to bring speed, scale and sustainability to the American battery industry; FREYR’s ability to develop energy storage solutions at multiple GWh scale in the U.S.; FREYR’s ability to accelerate its plans towards initial site selection in the U.S. to capitalize on the growing momentum; and the ability of FREYR’s Boston presence to support the company in securing the right talent, making critical connections, and working even more closely with its strategic partners are forward-looking and involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Most of these factors are outside FREYR’s control and difficult to predict. Information about factors that could materially affect FREYR is set forth under the “Risk Factors” section in (i) FREYR’s Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC") on August 9, 2021, as amended, and (ii) FREYR’s annual report on Form 10-K filed with the SEC on March 9, 2022, and available on the SEC’s website at www.sec.gov.

Investor contact:
Jeffrey Spittel
Vice President, Investor Relations
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Tel: (+1) 281-222-0161

Media contact:
Katrin Berntsen
Vice President, Communication and Public Affairs
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Tel: (+47) 920 54 570

HAMILTON, Bermuda--(BUSINESS WIRE)--Following a rebranding announcement, Everen reveals its brand-new visual identity. The new logo and elements of the brand have been designed to reflect the company’s heritage and its future commitment to the continuously evolving energy sector. The name Everen, which was announced in June was constructed by combining the words ‘forever’ and ‘energy’.

The Everen logo was created to reflect an elevated sense of timeless energy and the design highlights the two amalgamated words that create the name. The overscore symbolizes long term continuity and the everlasting priority to provide enduring capacity and the underscore calls attention to the evolving focus and commitment to both traditional and new energy assets.

The colours were carefully selected to communicate a sense of partnership and momentum with reliability and experience. The brand also includes a shorthand symbol, which may be seen when space is limited, and is recognizable from the overscore and underscore mentioned above.

Bertil Olsson, President & CEO says, “It gives me great pleasure to introduce Everen’s new identity because it represents not only the company’s commitment to the future of energy but also our membership, what it is now and what it will be in the future.

While we are very proud of the legacy of OIL, we are equally proud of our ability to adapt to the evolving industry and provide the best solutions for our members. The energy industry is quickly transitioning into new energy solutions alongside the traditional oil and gas-focused sectors. Our shareholders are investing heavily in renewable energy such as wind and solar as well as future sources and technology like hydrogen, renewable fuels, biofuels, biochemicals and carbon capture and sequestration.”

The new branding is currently being rolled out and will include a newly designed website to be launched later in the year. The improved site Everen.bm will provide an enhanced online experience for all stakeholders.

Headquartered in Bermuda, Everen Limited is the insurer of choice for the world’s leading energy companies, insuring almost $4 trillion of global energy assets. The company was established in 1972 as a mutual insurer, an innovative structure whereby its policyholders are also its shareholders and coverage is provided at cost. Everen offers its shareholders per occurrence property limits of up to $450 million across an extensive range of energy industry assets – from traditional oil and gas through to alternative industry segments such as renewables. The mutual’s shareholders consists of medium to large sized energy companies in both the public and private sectors with a minimum of $1 billion per shareholder in physical property assets and an investment grade rating or equivalent. Everen is rated A by S&P and A2 by Moody’s.

For further information about the company, please visit Everen.bm

For more information, please contact George Hutchings, This email address is being protected from spambots. You need JavaScript enabled to view it.

Appropriate regulation will enable Helion to safely and rapidly deploy fusion electricity to the grid

EVERETT, Wash.--(BUSINESS WIRE)--Helion Energy (Helion) applauds Chairman Tom Carper (D-DE) and Ranking Member Shelley Moore Capito (R-WV) of the US Senate Environmental and Public Works (EPW) Committee for their call to implement a right-sized regulatory framework for fusion in the United States. This statement comes after the Senators issued a letter to the Nuclear Regulatory Commission (NRC) acknowledging the rapid development of fusion. The letter reaffirms the US Government’s recognition of fusion as a critical clean energy technology in the fight against climate change. It comes five months after Helion participated in the White House Summit on Developing a Bold Decadal Vision for Commercial Fusion Energy.

In the bipartisan letter, Carper and Capito encourage the NRC to develop fusion regulation fit to enable its safe and rapid deployment. The letter highlights that fusion is fundamentally different from fission, and therefore deserves a differentiated regulatory approach. As Chairman Carper and Ranking Member Capito write, “Leading scientists from around the world have determined that fusion does not pose safety concerns similar to fission. Unlike fission, fusion does not use or generate fissile material, raises minimal proliferation concerns, and can be turned off on demand.”

“Fusion will be a major tool in the fight against climate change. Clear, differentiated fusion regulation helps ensure that the benefits of fusion will be realized. Working together, we have the opportunity to establish a world-leading licensing framework for fusion, which enables the safe and rapid deployment of fusion generators. I would like to thank Senators Carper and Capito for their effort to make this happen,” said Helion CEO, Dr. David Kirtley.

Sachin Desai, Helion’s General Counsel, added “The NRC has shown strong leadership in tackling fusion licensing from a clean slate perspective, and we have valued working with the agency staff and public stakeholders on a right-sized solution. The Atomic Energy Act of 1954 did not envision a world with fusion energy. Now, key Senate leadership is acknowledging that fusion is different from fission—and that the existing particle accelerator framework that applies to R&D fusion devices can serve as the pathway for the safe regulation of commercial fusion going forward. The letter signals that Congress is ready to partner with the NRC to extend this path for fusion deployment at scale.”

About Helion

Helion is a fusion energy company focused on generating zero-carbon electricity from fusion. By building on the successes of its latest fusion prototypes, Helion is building the world’s first fusion electricity demonstration facility. Their pulsed non-ignition technology will be capable of low-cost 24/7 power generation that replaces the energy sources the world currently relies on, enabling a future with limitless, reliable and affordable clean electricity.

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Sharmila Ravula Brings 15 Years of Renewable Energy Business Expertise to Team

SAN DIEGO--(BUSINESS WIRE)--#ChargeNetStations--ChargeNet Stations, an electric vehicle (EV) fast-charging station development and software company, announces its new Chief Revenue Officer Sharmila Ravula.

Ravula is an innovative tech leader with more than 20 years’ experience launching and operating renewable energy and Internet of Things businesses. She joins the executive leadership team as the company accelerates its expansion of fast, solar-powered EV charging stations in quick-serve restaurant parking lots.

“Sharmila has expertise in developing new markets, building and leading sales and business development teams, and successfully delivering large, complex solutions in the renewable energy market to Fortune 500 companies and state municipal customers,” said ChargeNet Stations COO Venus Jenkins. “Her expertise with SaaS products means she can quickly translate customer feedback to improve our ever-evolving network of renewable energy charging stations.”

Prior to joining ChargeNet Stations, Ravula held integral roles at Peak Power, AMS and Bosch Energy Storage. She is a civil engineer with a master’s degree in business administration from UC Berkeley and holds ten patents.

Ravula has significant experience with public utilities as well, which is critical when building solar-powered charging stations. While working at Bosch Energy Storage group, Ravula led development of the DC microgrid, which included partnering with multiple agencies and public utilities to fast-track adoption of the DC microgrid solution.

“ChargeNet Stations is a great fit for me because we share goals for electrifying the economy by making EV charging a more accessible, affordable, and available option for all people. We are democratizing EV charging and doing it with a diverse team,” said ChargeNet Stations Chief Revenue Officer Sharmila Ravula.

Her extensive experience in business development, as well as operations, is clearly a match for ChargeNet Stations’ mission to expand rapidly throughout California and across the country. The company is preparing to open its first set of ultra-fast, solar-powered EV charging stations at a South San Francisco Taco Bell. ChargeNet Stations enables restaurants to store renewable energy for fast EV charging and affords restaurant franchisees the capability to save up to 20 percent on energy costs.

Customers get a 212+-mile-plus charge in 10 minutes, or less, for about $20, while enjoying a hot meal. The San Diego-based company is on track to open dozens more stations this year – all at quick-serve restaurants, more than half of which are in underserved communities.

Ravula reports to CEO Tosh Dutt, who co-founded the company along with COO Venus Jenkins and CTO Rebecca Wolkoff.

To learn more about ChargeNet Stations, and review employment opportunities, visit ChargeNetStations.com and on Twitter @ChargeNetStnUS.

About ChargeNet Stations

ChargeNet Stations is an electric vehicle fast-charging station development and AI driven software company. Our software platform creates a seamless opportunity for Quick Serve Restaurants to offer customers a superior EV charging experience in mere minutes. ChargeNet Stations’ hardware-agnostic SaaS platform, ChargeOpt, optimizes EV chargers and renewable energy to transform parking lots into profit centers.

Elizabeth L. Driscoll – This email address is being protected from spambots. You need JavaScript enabled to view it.
480-766-3794

80-megawatt Garnet Mesa agrivoltaic solar farm to provide renewable power supply to Delta-Montrose Electric Association members and additional Guzman Energy customers

DENVER & MONTROSE, Colo.--(BUSINESS WIRE)--Guzman Energy has received approval from the Delta County Board of Commissioners for a limited use permit required to install and operate the proposed Garnet Mesa Solar project in Southern Delta County, Colorado. The Commissioners voted unanimously to approve the permit at the August 16, 2022 Commissioners meeting.

When complete, Garnet Mesa Solar will produce more than 194,000 megawatt hours (MWh) of electricity each year, enough energy for 18,000 homes. Delta-Montrose Electric Association (DMEA) will directly purchase a portion of the energy produced by the solar farm and Guzman Energy will offtake the rest as power supply to serve additional wholesale customers.

“We are thrilled with the Delta County Board of Commissioners unanimous decision to approve the limited use permit to install and operate the Garnet Mesa Solar project. We are grateful for the time and attention the community and County officials gave to the process,” said Robin Lunt, Chief Strategy Officer, Guzman Energy.

Since receiving the limited use permit, the Garnet Mesa Solar project team will now focus on the next phases of engineering and procurement planning. Construction resource and timing details will be announced following those engineering and procurement planning cycles. The land secured for Garnet Mesa Solar farm construction is currently irrigated and utilized for grazing, and will continue to be used in that manner.

“With the Commissioners’ approval, we are one step closer to securing a significant amount of local affordable energy. Together, with Guzman Energy, we are driving rate stability for our members,” said Kent Blackwell, Interim CEO and Chief Technology Officer, DMEA. “We are confident Garnet Mesa Solar will be a premier example of agriculture and energy co-existing together.”

Highlights of the Garnet Mesa Solar farm include:

• Construction labor head count of 350-400
• Property tax estimate of $13 million over 15 years
• Helps DMEA reach approximately 20% local power generation
• Maintains community commitment to agricultural land use through the simultaneous use of land for both solar power generation and agriculture by utilizing approximately 1,000 sheep for grazing and vegetation management on the solar farm

The Garnet Mesa Solar project team is comprised of Guzman Energy, DMEA and Citra Power. The Citra team has significant expertise in renewable energy development, technical engineering, EPC management and oversight, project and portfolio acquisitions, and wholesale power procurement. Collectively, the Citra team has worked on thousands of Megawatts of now-operational wind, solar and energy storage projects.

About Guzman Energy

Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy. We partner with cooperatives, municipalities, companies, and tribes across North America to customize energy portfolios that make economic and environmental sense for today and tomorrow. Together, we are lighting the way forward. Visit www.guzmanenergy.com.

About DMEA

Delta-Montrose Electric Association is a member-owned rural electric cooperative. Located in southwest Colorado, DMEA provides safe, reliable, and affordable electric service to approximately 29,000 members, primarily in Montrose and Delta counties. DMEA is a progressive and forward-thinking electrical distribution cooperative dedicated to meeting the diverse energy needs of its members.

Amy Messenger
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WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Palm Beach Capital Fund V, L.P. (“PBC”), through one of its investment entities, announced today that it has made an investment in Earth Systems, LLC, (“Earth Systems” or the “Company”) a leading environmental engineering and consulting firm based in South Florida. Financial terms of the private transaction were not disclosed.

Earth Systems services clients in various end markets including oil and gas, governments and municipalities, utilities and property development. Service lines include assessment and remediation, spill response, environmental compliance and risk management. Founded in 1999, the Florida based company has grown its national presence over the last 23 years and now services 7 states through 13 offices. Regulations for new contaminants of concern (e.g. PFAS) create an ever-expanding demand for the Company’s services. Earth Systems is poised for tremendous growth with ten new master service agreements in the past 24 months and a corporate culture that attracts and retains both coveted clients and employees.

“We are very excited about partnering with Palm Beach Capital given their deep industry expertise and longtime history of partnering with business owners and founders. PBC will provide Earth Systems the capital and access to strategic resources the company needs to execute on our long-term growth plans which include organic growth through new locations as well as strategic acquisitions that will allow us to expand into new geographies, services and clients,” stated Rick Ofsanko, Co-President and Co-Founder of Earth Systems.

“We are excited to partner with the Earth Systems management team, and we look forward to providing the necessary support and capital for the company to take the next step in its growth plan,” said Nate Ward, PBC Co-Founder and Managing Partner. “Earth Systems is uniquely positioned with long-term customer relationships in its niche verticals to grow exponentially as the country continues to increase regulations and emphasize the environmental impacts on society. We believe this business will serve as a strong platform while the Company expands into tangential service offerings in the environmental engineering industry.”

Aaron Horowitz from Horowitz Law Firm, P.A. and Milton Vescovacci from Gunster served as seller’s legal counsel, and Reggie Zachariah from Greenberg Traurig served as buyer’s legal counsel on the transaction.

About Earth Systems

Founded in 1999, Earth Systems is an environmental engineering firm based in Lantana, FL, with offices in New Jersey, New York, Colorado, North Dakota, Pennsylvania and Texas. The company was founded to satisfy clients and employees. Earth Systems has a 20-year track record of low employee turnover, steady growth, and long-term relationships with a variety of highly selective clients in various markets and industries.

About Palm Beach Capital

Founded in 2001, Palm Beach Capital is a middle market private equity investment firm based in West Palm Beach, Florida. Currently investing out of its fifth committed fund, the firm focuses on high growth investment opportunities and partners with management teams in management buyouts, recapitalizations and growth equity investments. Since its inception, Palm Beach Capital has made investments in 55 platform portfolio companies, with a focus on the business services, healthcare, and transportation and logistics sectors. For more information, please visit the firm's website at www.pbcap.com.

Juan Tagle
Director, Business Development
(561) 659-9022
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HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has received the consents necessary to effect the proposed amendments (the “Proposed Amendments”) to the indenture (the “Indenture”) governing the outstanding senior secured first lien notes due 2028 (the “Notes”) of the Company listed in the table below. The Proposed Amendments are described in the Consent Solicitation Statement, dated August 15, 2022 (the “Consent Solicitation Statement”).

The Company received the consents of holders of approximately 95.25% of the aggregate principal amount of the outstanding Notes as of 5:00 p.m., New York City time, on August 19, 2022 (the “Expiration Date”). These consents may not be revoked.

Pursuant to the terms and subject to the conditions set forth in the Consent Solicitation Statement, the Company will pay an aggregate consent fee of $2,749,225 (the “Consent Fee”), to be shared by all consenting holders who validly delivered consents to the Proposed Amendments before the Expiration Date (and did not validly revoke such consents). The Consent Fee will be approximately $5.25 per $1,000 principal amount for which a holder validly delivered its consent prior to the Expiration Date (and did not validly revoke such consent). The Company expects to pay the Consent Fee on or about August 22, 2022.

The Company has executed a supplemental indenture, dated August 19, 2022, to the Indenture to give effect to the Proposed Amendments, which became effective immediately upon the execution and delivery thereof. The supplemental indenture binds all holders of the Notes, including those that did not give their consent, but holders who did not deliver consents prior to the Expiration Date (or delivered consents but validly revoked them) will not receive the Consent Fee. The Proposed Amendments will not become operative and the Company will not benefit from the Proposed Amendments until the Consent Fee is paid with respect to each Note for which a Consent Fee is payable.

Valaris engaged Deutsche Bank Securities Inc. to act as the sole solicitation agent and Global Bondholder Services Corporation to act as the information and tabulation agent in connection with the Consent Solicitation.

No Offer or Solicitation

This press release is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any Notes or any other securities. This press release is also not a solicitation of consents with respect to the Proposed Amendments or any securities. The solicitation of consents was not made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable state or foreign securities or “blue sky” laws.

Cautionary Statement Regarding Forward-Looking Statements

Statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to: statements regarding the Proposed Amendments and the expected payment of the Consent Fee. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “likely,” “plan,” “project,” “could,” “may,” “might,” “should,” “will,” and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management’s current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause the Company’s actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to the Company on the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Valaris Limited

Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Valaris Limited is a Bermuda exempted company (Bermuda No. 56245). To learn more, visit our website at www.valaris.com.

Investor & Media Contacts:

Darin Gibbins
Vice President - Investor Relations and Treasurer
+1-713-979-4623

Tim Richardson
Director - Investor Relations
+1-713-979-4619

Engagement with International Brotherhood of Electrical Workers will deliver transformational large-scale energy storage, create jobs, and enable the state to meet its bold emissions targets

ALBANY, N.Y.--(BUSINESS WIRE)--Key Capture Energy, LLC (KCE), a leading U.S. energy storage independent power producer headquartered in Albany NY, announces construction of its newest union labor-constructed utility-scale battery storage project south of Buffalo, NY. Enabled by the New York State Energy Research and Development Authority’s (NYSERDA) Bulk Energy Storage Market Bridge Incentive (MBI) program, the 20-megawatt (MW), 40-megawatt hour (MWh) KCE NY 6 energy storage project will play an important role in helping New York to reach its bold climate target of securing 6,000 MW of energy storage by 2030 – the largest such target in the country.

Through a contract with Black & McDonald for construction and engineering services, Key Capture Energy has proudly partnered with unionized labor on this project. Working with the International Brotherhood of Electrical Workers (IBEW Locals 1249, 41, 42, and 43), the United Steelworkers (Local 135), and the Communications Workers of America (CWA Local 1122), Key Capture Energy is able to hire locally, engage a diverse and representative workforce, and ensure those working on the project site are well trained on project safety, best practices, and new technology.

Mike Gaiser, Local 41 Business Manager, said, “Together with Key Capture Energy, we’re building a bold clean energy economy in New York with good-paying union jobs, strong labor standards, and a diverse, skilled workforce. IBEW members are proud to install and maintain the next generation of energy storage projects that will enable America’s clean energy future.”

Jeff Bishop, Co-founder and CEO of Key Capture Energy, said, “As a leader in energy storage with a deep commitment to building the green economy and workforce, Key Capture Energy is proud to partner with hardworking, unionized labor to advance the growth of clean energy solutions that meet the needs of the electric grid. New York is setting the bar for what it means to build a resilient, sustainable, and affordable grid in America and, as an Albany-based energy storage company, we are proud to play our part in delivering jobs and solutions that allow the state to achieve its bold climate and emissions reduction targets.”

In addition to generating local economic stimulus and new jobs, the tax proceeds from this project will support Hamburg County’s efforts to allow for the purchase of new emergency vehicles to better serve the local community.

About Key Capture Energy

As more large-scale renewable energy projects come online and intermittent resources are added to the energy mix, it is becoming increasingly important to keep the electrical grid stable. Acquired by green energy giant SK E&S in 2021 and headquartered in Albany, New York, Key Capture Energy is meeting this need by identifying, developing, constructing, and operating energy storage solutions to foster greater deployment of renewable energy, create a more stable electric grid, and provide value to all ratepayers. Key Capture Energy is targeting to have more than 1 gigawatt (GW) of battery storage projects in operation in New York, New England, and Texas by the close of 2023, under a variety of offtake contracts. Learn more at keycaptureenergy.com.

About the International Brotherhood of Electrical Workers

The IBEW represents approximately 775,000 active members and retirees who work in a wide variety of fields, including utilities, construction, telecommunications, broadcasting, manufacturing, railroads and government. The IBEW has members in both the United States and Canada and stands out among the American unions in the AFL-CIO because it is among the largest and has members in so many skilled occupations.

About Communications Workers of America

The Communications Workers of America represents working people in telecommunications, customer service, media, airlines, health care, public service and education, and manufacturing.

About United Steelworkers

The USW represents 850,000 workers employed in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in health care, public sector, higher education, tech and service occupations.

Media Contact
Claire Underwood
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1000+ Vehicles Valued Between USD $80 and $150 million

TORONTO--(BUSINESS WIRE)--#Facedrivefoods--STEER Holdings Inc., a wholly-owned subsidiary of Facedrive Inc. (“STEER” or “the Company”) (TSXV: FD) (OTCQX: FDVRF), an integrated ESG technology platform, is pleased to announce that it has entered into an agreement (“Agreement”) with Enterprise Fleet Management (“Enterprise Fleet Management”) to lease over 1000 electric vehicles valued between $80 and $150 million (USD) for its EV subscription business, STEER EV. The Company sees this Agreement as a key element in facilitating STEER’s growth, supporting its U.S. expansion, and furthering the platform’s leadership position in the EV subscription market. The Company intends to both add cars to existing operational hubs as well as to expand into new U.S. markets that it has carefully selected.

The Company’s intended expansion comes within the context of growing public attention to climate change and increased governmental efforts to combat its effects which have, in general, spurred greater EV adoption. At the same time, consumers are continuing to shift away from traditional car ownership models like leasing or financing in favor of trends such as subscription and shared solutions. With EVs anticipated to remain in tight supply for the foreseeable future¹, the Company feels the Agreement positions it well to capitalize on this opportunity.

STEER EV was acquired by the Company from a wholly-owned subsidiary of Exelon Corporation (NASDAQ: EXC) in September 2020 to challenge traditional car ownership models and to facilitate transition to eco-friendly mobility solutions for individuals and businesses. For STEER, the Agreement with Enterprise Fleet Management is a key milestone as it aims for strong growth in both fleet size and geographical presence.

“We are very happy to partner with Enterprise Fleet Management. We believe we can make a real difference in the electric vehicle subscription space by continuing to expand this flexible, customer-centric, and environmentally conscious model to a wider market,” said Suman Pushparajah, CEO of STEER. “The data we have collected, including from our recent launches in Texas and British Columbia, as well as preparations for the upcoming launch in Florida, has demonstrated a growing demand for a month-to-month all-inclusive subscription service. With the help of this partnership with Enterprise Fleet Management, STEER is on track to fulfill demand and scale its fleet considerably in the months to come.”

About the Company

STEER is an integrated ESG technology platform that moves people and delivers things through subscription and on-demand services. The Company’s goal is to build a one-of-a-kind system that aggregates conscientious users, through a series of connected offerings, and enables them to buy, sell, or invest with the same platform, STEER. The Company’s offerings generally fall into two categories: subscription-based offerings led by its flagship electric vehicle subscription business, STEER EV, and on-demand services incorporating delivery, B2B marketplace, Delivery-as-a-Service (DaaS) and rideshare businesses. The Company’s platform is also powered by EcoCRED, its big data, analytics and machine learning engine which seeks to capture, analyze, parse and report on key data points in ways that measure the Company’s impact on carbon reductions and offsets.

For more about the Company, visit www.facedrive.com.
Suman Pushparajah, CEO
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STEER
100 Consilium Pl, Unit 400
Scarborough, ON
Canada M1H 3E3
www.facedrive.com

Forward-Looking Information

Certain information in this press release contains forward-looking information, including with respect to the Company’s business, operations and condition, management’s objectives, strategies, beliefs and intentions, and the company’s forward plans to scale up its electric vehicle fleet. This information is based on management’s reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events (for example, the success of the relationship with Enterprise Fleet Management) may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.

See “Forward-Looking Information” and “Risk Factors” in the Company’s Annual Management Discussion & Analysis (MD&A) for the year ended December 31, 2021 (filed on SEDAR on May 2, 2022) and its interim MD&A for the period ended March 31, 2022 (filed on SEDAR on May 30, 2022) for a discussion of the uncertainties, risks and assumptions associated with these statements and other risks. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities legislation and regulatory requirements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

_____________________________
¹ https://www.cnbc.com/2022/05/24/electric-vehicles-are-in-short-supply-heres-what-you-can-find-as-gas-prices-soar-.html

For further information:
Company Contact: Maria Verbytska, This email address is being protected from spambots. You need JavaScript enabled to view it.
Media Contact: Sana Srithas, This email address is being protected from spambots. You need JavaScript enabled to view it., Tel: 1-888-300-2228

Initiative to Train Telecom Tower Climbers on Lightweight and Durable IsoTruss® Lattice Structures Fabricated with Carbon Fiber Coincides with National Composites Week

SPRINGVILLE, Utah--(BUSINESS WIRE)--#5G--IsoTruss, Inc., an engineering, design, and manufacturing services provider, today announced the donation of two patented IsoTruss® carbon fiber cell towers to the Learning Alliance Corp. (LAC) center located in Tampa, FL. The donation will support LAC’s workforce development initiative in training cell tower climbers and technicians for the wireless telecom infrastructure industry. LAC partners with businesses in the wireless industry, which place its student graduates into the workforce upon graduation in high-skill, high-wage telecommunications positions.

Nathan D. Rich, CEO, IsoTruss, Inc., said, “We are excited to donate two IsoTruss® carbon fiber cell towers to LAC, as we wholeheartedly support its workforce development initiative. LAC is forward thinking in training the telecom workforce of tomorrow, which is in alignment with our mission of building sustainable infrastructure of the future.”

Learning Alliance, which partners with businesses, colleges, and universities to bring U.S. Veterans and civilians stronger training initiatives that equate to solid career growth, offers multiple Wireless Tower Technician programs ranging from Fiber Optics to Cell Tower Technician. Its programs are approved by the Commission for Independent Education in the state of Florida. LAC partners with small, medium and large Tower companies throughout the United States to help bridge the gap between the trade skill shortage and the 20,000 job openings in the wireless industry.

Cesar Ruiz, CEO, Learning Alliance Corp., said, “At LAC we are training the workforce of tomorrow, today. We very much appreciate the support provided by IsoTruss through its cell tower donation and are excited to train our climbers on this innovative infrastructure solution. We want our LAC graduates to not only be safe climbers, but better trained, so they can become profit centers for their employers in a short period of time, and with a pathway forward for success in their careers.”

Learning Alliance provides Diversity initiatives to help expand job opportunities in Telecommunications to underserved and underrepresented communities. Through partnerships with businesses and non-profit associations, we promote diversity, equity and inclusion through the research and development of new training methodologies such as pre-apprenticeship and apprenticeships. Its training initiatives focus on allowing individuals to get trained, get certified, and obtain a career in a high skill, high wage occupations.

In addition to the patented grid designs that makes IsoTruss® cell towers lightweight, durable, non-corrosive, wind-resistant, and eco-friendly, its composite lattice structures are up to twelve times stronger than steel for a given weight, or as little as one-twelfth the weight for a given load, depending on the design, the site, and its specifications.

With a global portfolio of more than thirty patented and patent-pending structural and composite material designs that protect not only the configurations but also the manufacturing processes, IsoTruss, Inc., is committed to building the sustainable infrastructure of the future through innovative solutions in engineering, design, manufacturing and construction.

IsoTruss, Inc. is an active member of the Institute of Advanced Composites Manufacturing Innovation (IAMCI), a Manufacturing USA institute established by the U.S. Department of Energy. IACMI’s mission is to accelerate advanced composite design, manufacturing, technical innovation and workforce solutions to enable a cleaner and more sustainable, more secure, and more competitive U.S. economy.

For more information, please visit https://www.isotruss.com/faq or contact This email address is being protected from spambots. You need JavaScript enabled to view it..

IsoTruss, Inc. | 2414 West 700 South, #100 | Springville, Utah 84663

IsoTruss Inc., an engineering, design, and manufacturing services provider, produces patented IsoTruss® lattice cell towers for the telecommunications industry. IsoTruss® cell towers, fabricated with composite material, are lightweight, durable, cost-effective, corrosion-resistant, sustainable, and eco-friendly. Utilizing IsoTruss® Technologies, its family of patented, composite material grid structures, the enterprise offers R&D capabilities, applications, and solutions in telecommunications infrastructure, aerospace, civil infrastructure, energy, construction, leisure, and more.

About Learning Alliance

Learning Alliance Corporation partners with businesses, colleges, and universities to bring U.S. Veterans and civilians stronger training initiatives that equate to solid career growth. By partnering with employers nationwide, Learning Alliance Corporation has created workshops, labs and simulation programs that align the theoretical concepts with real-world application learning. This adaptable approach creates learning solutions based on the community-specific goals, industry, staff skill level, and corporate culture. Learning Alliance Corporation provides quality instructors who are highly trained and specialize in the areas they teach. Learn more at https://www.mylearningalliance.com

Media:

For IsoTruss, Inc.
Laura Hynes-Keller | LHK Communications, LLC | P: +1-212-758-8602 | E: This email address is being protected from spambots. You need JavaScript enabled to view it.

For My Learning Alliance:
Lymaris Pabellon at This email address is being protected from spambots. You need JavaScript enabled to view it.

MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced it has executed a long-term lease agreement for two electric frac fleets with expected delivery in the third quarter of 2023.

Sam Sledge, Chief Executive Officer, commented, “As part of our fleet transition strategy initiated last year, we have executed an order to acquire two electric frac fleets from a leading manufacturer. These new electric fleets utilize conventional pumping equipment and proven technologies that are well-known across our industry. As demand for electric solutions continues to gain momentum, ProPetro is playing a significant role in bringing new technologies and more efficient, environmentally responsible solutions to the Permian Basin.”

Sledge added, “We are in discussions with several customers regarding multi-year projects that will use these electric fleets starting as early as the third quarter of 2023. With these more efficient fleets, we will help advance our customers’ efforts to reduce costs and greenhouse gas emissions, while enhancing our company’s competitiveness and free cash flow profile. We are also excited to bolster our services and capabilities for the benefit of our customers while equipping our ProPetro teammates with the best tools to drive sustainable value creation through the ongoing multi-year upcycle."

David Schorlemer, Chief Financial Officer, commented, "This agreement is another important step in our strategic plan of transitioning to emissions-friendly services using capital efficient financing terms. Further, we are pleased that this long-term lease agreement includes an option to purchase each fleet at the end of its respective lease term. As we look ahead to fiscal year 2023 where we will couple these next generation assets with our first class services, we expect significant free cash flow supported by a decreased capital expenditure plan and at least nine natural gas burning lower-emissions fleets operating in the second half of next year.”

About ProPetro

ProPetro Holding Corp. is a Midland, Texas-based oilfield services company providing pressure pumping and other complementary services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. For more information visit www.propetroservices.com.

Forward-Looking Statements

Except for historical information contained herein, the statements and information in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include the words “may,” “could,” “plan,” “project,” “budget,” “predict,” “pursue,” “target,” “seek,” “objective,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” and other expressions that are predictions of, or indicate, future events and trends and that do not relate to historical matters identify forward-looking statements. Our forward-looking statements include, among other matters, statements about our business strategy, industry, future profitability, expected fleet utilization, sustainability efforts, the future performance of newly improved technology, expected capital expenditures and the impact of such expenditures on our performance and capital programs. A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. We believe that we have chosen these assumptions or bases in good faith and that they are reasonable.

Although forward-looking statements reflect our good faith beliefs at the time they are made, forward-looking statements are subject to a number of risks and uncertainties that may cause actual events and results to differ materially from the forward-looking statements. Such risks and uncertainties include the volatility of oil prices, the operational disruption and market volatility resulting from the COVID-19 pandemic, the global macroeconomic uncertainty related to the Russia-Ukraine war, and other factors described in the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, particularly the “Risk Factors” sections of such filings, and other filings with the Securities and Exchange Commission (the “SEC”). In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse impact on it, including matters related to shareholder litigation. Accordingly, no assurances can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements and are urged to carefully review and consider the various disclosures made in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings made with the SEC from time to time that disclose risks and uncertainties that may affect the Company’s business. The forward-looking statements in this news release are made as of the date of this news release. ProPetro does not undertake, and expressly disclaims, any duty to publicly update these statements, whether as a result of new information, new developments or otherwise, except to the extent that disclosure is required by law.

Investor Contacts:

David Schorlemer
Chief Financial Officer
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432-688-0012

Matt Augustine
Senior Manager - Corporate Development & Investor Relations
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432-848-0871

Funding was led by DCVC along with other new investors including CPP Investments, Liberty Energy, Macquarie, Grantham Foundation for the Protection of the Environment, Impact Science Ventures, and Prelude Ventures

HOUSTON--(BUSINESS WIRE)--Fervo Energy, the leader in next-generation geothermal power, today announced that it had raised $138 million in new funding led by DCVC to build, own, and operate 24/7 carbon-free power plants.

Fervo has adapted innovations pioneered by the oil and gas industry, such as horizontal drilling and distributed fiber optic sensing, to make reservoirs of hot rock that exist beneath the earth’s surface into practical, economically viable, clean sources of energy. The new funding helps Fervo complete power plants in both Nevada and Utah and evaluate new projects in California, Idaho, Oregon, Colorado, New Mexico, and internationally.

“Power buyers are interested in geothermal power because they are actively looking for reliable energy sources that can address climate change and rising energy prices,” said Tim Latimer, CEO of Fervo. “Our mission is to meet that growing demand by putting gigawatts of 24/7 carbon-free energy on the grid. This latest investment enables us to execute on those ambitious plans.”

Last year, Fervo announced the world’s first corporate agreement to develop geothermal, a project to power Google’s data centers in Nevada. Recently, Fervo also signed a 40 MW power purchase agreement with East Bay Community Energy, a leading California clean energy provider.

According to the U.S. Department of Energy, geothermal holds the potential to power tens of millions of American homes and businesses. “Fervo is the right company at the right time,” said Matt Trevithick, Partner at DCVC. “The United States needs 200 GW of reliable clean power to achieve a zero-carbon electricity grid. Fervo is poised to make geothermal as important as solar and wind to our energy future.”

Other new investors included Canada Pension Plan Investment Board (CPP Investments), Liberty Energy, Macquarie, Grantham Foundation for the Protection of the Environment, Impact Science Ventures, and Prelude Ventures. The round also saw strong participation from existing investors such as Capricorn’s Technology Impact Fund, Breakthrough Energy Ventures, Congruent Ventures, 3X5 Partners, Helmerich & Payne, and Elemental Excelerator.

“Fervo represents a compelling opportunity to invest in a company that is working to unlock the potential of geothermal energy to provide clean, reliable energy at a sustainable price point,” said Bruce Hogg, Managing Director and Head of Sustainable Energies at CPP Investments, which committed $20 million to the financing round. “Fervo fits well into our strategy as we expand our portfolio of renewable assets in support of the global energy transition.”

In advancing geothermal energy, using the technologies of hydrocarbon exploration and extraction, Fervo is the model of energy transition, deploying the workforce of the oil and gas industry to clean energy projects. “Fervo has figured out how to adapt de-risked technology from the oil and gas industry to geothermal,” said Chris Wright, CEO of Liberty Energy.

About Fervo Energy

Fervo Energy provides 24/7 carbon-free energy through development of next-generation geothermal power. Fervo’s mission is to leverage innovation in geoscience to accelerate the world’s transition to sustainable energy. Geothermal has a major role to play in the future electric grid and Fervo’s key innovations bring a full suite of modern technology to make geothermal cost competitive. Fervo’s innovations include technologies such as advanced computational models, horizontal drilling, and distributed fiber optic sensing that have been developed with partners including Schlumberger, ARPA-E, and the Lawrence Berkeley National Lab. Fervo has an industry leading development pipeline with projects with multiple partners including Google and East Bay Community Energy. Fervo’s investors and financiers include leading venture capital firms Capricorn and Breakthrough Energy Ventures, industry leaders Helmerich and Payne and BHP, and research support through Activate, ARPA-E, and the Department of Energy Geothermal Technologies Office. For more information, please visit www.fervoenergy.com.

Sarah Jewett
Director of Strategy
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Company expanding micro-fine glass fiber capacity in US, Europe, and China to support future growth

BUFFALO, N.Y.--(BUSINESS WIRE)--Alkegen, one of the largest specialty materials platforms in the world that provides high performance materials used in advanced applications including filtration media, battery technologies, high temperature insulation and fire protection, today announced expansion efforts aimed at increasing its total micro-fine glass fiber (MFGF) manufacturing capacity by 30%.

“Our advanced micro-fine glass fibers are critical components in many of the world’s most innovative products, from medical devices to battery packs for electric vehicles,” said John Dandolph, president and chief executive officer, Alkegen. “These latest investments reflect Alkegen’s ongoing commitment to our partners in the fiber technology space, increasing supply in anticipation of future demand as we continue to develop compelling new specialty applications for these advanced glass fiber chemistries.”

Alkegen plans to accelerate enhanced MFGF capacity by adding a total of eight manufacturing lines in its facility in Bahrain and 22 lines to its US-based facility located in Summerville, SC. The company also plans to expand and improve MFGF capacity and operations in China, including doubling its current rotary capacity in the region.

“Our MFGF expansion in Bahrain, Summerville, S.C., & Songyuan, China keeps Alkegen positioned globally as the best option for customers that value quality and security of supply,” said Chris McPhillips, general manager of MFGF, Alkegen. “The addition of over 30 manufacturing lines will not only help alleviate some of the supply chain strains we’ve seen over the first half of the year, they will ensure that Alkegen continues to address growing demand for MFGF in rapidly-growing industry sectors like batteries, High End Air and Liquid Filtration, and Medical Testing Media.”

For more information about Alkegen, visit www.alkegen.com.

About Alkegen
Alkegen, formerly Unifrax and Lydall Materials, creates high performance specialty materials used in advanced applications including electric vehicles, energy storage, filtration, fire protection and high-temperature insulation, among many others. Alkegen is vertically integrated across multiple process technology platforms designed with the ultimate goal of saving energy, reducing pollution, and improving safety for people, buildings and equipment by delivering on our mission of helping the world breathe easier, live greener and go further than ever before. Alkegen has 75 manufacturing facilities operating in 12 countries and employs 9,000+ employees globally. More information is available at www.alkegen.com.

Kristen Weiss
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PARIS--(BUSINESS WIRE)--In accordance with the regulations relating to share buybacks, Technip Energies (Paris:TE) (ISIN:NL0014559478) declares the following purchases of its own shares during the week of August 15 to August 19, 2022.

These transactions were carried out as part of a buyback program with a discretionary mandate carried out by an investment services provider making decisions relating to the acquisition of Technip Energies shares independently.

For detailed information on the transactions carried out and on the objectives of the shares purchases, please refer to the detailed declaration available on https://investors.technipenergies.com/financial-information/notice-trading-own-shares.

About Technip Energies

Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO₂ management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering.

Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.

Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) traded over-the-counter in the United States.

For further information: https://www.technipenergies.com.

Phillip Lindsay
Vice-President, Investor Relations
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Media Relations

Stella Fumey
Director, Press Relations & Digital Communications
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Jason Hyonne
Press Relations & Social Media Lead
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DUBLIN--(BUSINESS WIRE)--The "Electric Ships Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global electric ships market is expected to grow from $6.39 billion in 2021 to $7.12 billion in 2022 at a compound annual growth rate (CAGR) of 11.4%. The electric ships market is expected to grow to $11.06 billion in 2026 at a CAGR of 11.6%.

The electric ship market consists of sales of the electric ships by entities (organizations, sole traders, and partnerships) which refer to a ship that runs on a battery. Ships that run on electricity instead of traditional gasoline are known as electric ships. These ships abide by all environmental rules and do not endanger marine life. Electric propulsion systems are an environmentally friendly alternative to traditional fuel in inland navigation and large commerce ships.

The main types of electric ships are fully electric, and hybrid. A fully electric ship operates on electricity. Electrical power is used to propel propeller blades in electric propulsion systems. Electric propulsion has gained traction in a wide range of maritime applications across Europe and Japan in recent years, from commercial and research ships to fishing vessels.

The mode of operation for these ships is manned, remotely operated, autonomous that using systems such as energy storage systems, power conversion, power generation, and power distribution. It requires power of less than 75kw, 75 to 150kw, 151 to 745kw, 746 to 7,560kw, Greater than 7,560kw that can cover a distance of less than 50km, 50 to 100km, 101 to 1000km, greater than 1,000km.

Western Europe was the largest region in the electric ship market in 2021. The regions covered in the electric ship market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The electric ships market research report is one of a series of new reports that provides electric ships market statistics, including electric ships industry global market size, regional shares, competitors with a electric ships market share, detailed electric ships market segments, market trends and opportunities, and any further data you may need to thrive in the electric ships industry.

The rise in the adoption of hybrid and electric propulsion for retrofitting ships is anticipated to drive the growth of the electric ship market. An eco-friendly ship's electric propulsion system is a hybrid system that uses dual-fuel engines, batteries, and fuel cells as multiple power sources.

However, technologies such as fuel storage facilities, gas vaporizers, and battery thermal runaway avoidance must all be developed concurrently to apply these power sources to ships. For instance, in February 2021, the 2030 Green Ship-K Promotion Strategy, which is a key component of South Korea's aims to become carbon-neutral by 2050, focuses on the advancement and widespread use of low-carbon ship technologies, such as hydrogen fuel cells and propulsion systems.

The initiative's goal is to reduce the country's shipping greenhouse gas emissions by 40% in the next 25 years, and 70% by 2050. Furthermore, Kawasaki has received its first order for large-capacity battery propulsion systems for coastal ships. Large-capacity lithium-ion (Li-ion) marine batteries, a propulsion control system, and an electric power management system are all part of the battery propulsion system.

Technological advancements are shaping the electric ship market. The welding consumables market is increasing its demand by introducing and applying new technologies and their updated software for the industries. The automotive industry is increasingly focusing on integrating smarter and safer safety systems into vehicles for better safety in different terrains and conditions.

For instance, in November 2021, The Yara Birkeland, the world's first electric and self-propelled container ship with zero emissions, had its first journey in the Oslo fjord. Yara Birkeland is a multi-actor project in which KONGSBERG is in charge of the development and delivery of all newly created technologies on the ship. Massterlys' monitoring and operations center in Horten will be in charge of the ship. KONGSBERG and Wilhelmsen have teamed up to form Massterly.

In October 2021, Groupe Beneteau, a French company involved in building sailing yachts and motorboats for all types of boating practices, acquired Starfisher, for an undisclosed amount. This acquisition will allow Beneteau to expand its small motorboat production capacity and create a presence in Portugal, in addition to the three other plants dedicated to these markets in Poland and the United States.

The countries covered in the electric ships market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Major players in the electric ship's market are

• ABB Ltd
• Wartsila
• Vard (Finacntieri)
• Kongsberg
• Norwegian Electric Systems AS
• Corvus Energy
• General Dynamics Electric Boat
• MAN Energy Solutions SE
• Leclanche SA
• Siemens AG
• General Electric Company
• BoeschMotorboote
• Bureau Veritas
• Canadian Electric Boat Company
• Electrovaya Inc.
• Triton Submarines
• Duffy Electric Boats
• Akasol AG

Key Topics Covered:

1. Executive Summary

2. Electric Ships Market Characteristics

3. Electric Ships Market Trends And Strategies

4. Impact Of COVID-19 On Electric Ships

5. Electric Ships Market Size And Growth

5.1. Global Electric Ships Historic Market, 2016-2021, $ Billion

5.1.1. Drivers Of The Market

5.1.2. Restraints On The Market

5.2. Global Electric Ships Forecast Market, 2021-2026F, 2031F, $ Billion

5.2.1. Drivers Of The Market

5.2.2. Restraints On the Market

6. Electric Ships Market Segmentation

6.1. Global Electric Ships Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Fully Electric
• Hybrid

6.2. Global Electric Ships Market, Segmentation By Mode of Operation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Manned
• Remotely Operated
• Autonomous

6.3. Global Electric Ships Market, Segmentation By System, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Energy Storage Systems
• Power Conversion
• Power Generation
• Power Distribution

6.4. Global Electric Ships Market, Segmentation By Power, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Less Than 75KW
• 75 to 150KW
• 151 to 745KW
• 746 to 7,560KW
• Greater Than 7,560KW

6.5. Global Electric Ships Market, Segmentation By Range, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Less Than 50Km
• 50 to 100Km
• 101 to 1000Km
• Greater Than 1,000Km

7. Electric Ships Market Regional And Country Analysis

7.1. Global Electric Ships Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

7.2. Global Electric Ships Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

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

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Energy Storage Battery for Microgrids Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028" report has been added to ResearchAndMarkets.com's offering.

The report on the global energy storage battery for microgrids market provides qualitative and quantitative analysis for the period from 2022 to 2028.

The report predicts the global energy storage battery for microgrids market to grow with a CAGR of over 10% over the forecast period from 2022-2028. The study on energy storage battery for microgrids market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2022 to 2028.

The report on energy storage battery for microgrids market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global energy storage battery for microgrids market over the period of 2022 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global energy storage battery for microgrids market over the period of 2022 to 2028. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Market Dynamics

1) Drivers

• Rising electrification around the world
• Increasing adoption from industrial units

2) Restraints

• High cost associated with maintenance

3) Opportunities

• Technological advancements in battery storage technology

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the energy storage battery for microgrids market.

2. Complete coverage of all the segments in the energy storage battery for microgrids market to analyze the trends, developments in the global market and forecast of market size up to 2028.

3. Comprehensive analysis of the companies operating in the global energy storage battery for microgrids market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Segments Covered

The global energy storage battery for microgrids market is segmented on the basis of type, and applications.

The Global Energy Storage Battery for Microgrids Market by Type

• Sodium-sulfur Battery
• Lithium-ion Batteries
• Others

The Global Energy Storage Battery for Microgrids Market by Applications

• Household/Residential
• Enterprise

Company Profiles

The companies covered in the report include

• Samsung SDI
• NGK Group
• Panasonic Corporation
• Toshiba Corporation
• MHI
• Sumitomo Electric
• CALMAC
• S&C Electric
• OutBack Power

For more information about this report visit https://www.researchandmarkets.com/r/cdyz31

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900