Business Wire News

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty”) announced today that its team has collectively achieved the milestone of 24-hours of continuous plug and perf pumping time for Kaiser-Francis Oil Company in the Permian Basin. By delivering a full 1,440 minutes of pumping time with zero non-productive time, Liberty crews were able to attain the premier goal of Liberty’s Operation 1440.


Operation 1440 was formed at Liberty in early 2021 to improve throughput on location. Liberty teams worked together to assess how to optimize the use of each of the 1,440 minutes in a day for pumping and perforating operations, effectively eliminating non-productive and non-pumping time. On September 22, 2021, Liberty reached this goal for the first time on a plug and perf completion. Liberty’s unique approach to maximizing efficiency using real-time data tracking, predictive analytics and supply chain and logistics integration allowed Liberty teams to achieve a 24-hour period of continuous plug and perf pumping record. Real-time well swap automation with Downing’s Freedom Series system was used in the completion. Liberty frac and wireline crews worked in tandem to eliminate non-productive time on location and utilize real-time data to dynamically respond to above ground equipment maintenance, subsurface design changes, and logistics coordination.

“From the beginning, Liberty has focused on safety and technology to become more agile and efficient. Efficiency is a win-win-win, resulting in reduced cost for our customers, lower environmental impact and increased profitability for Liberty,” said CEO, Chris Wright. “Today’s announcement marks the beginning of what is possible with Operation 1440. Liberty frac and wireline crews worked in concert with Downing to safely achieve the momentous goal of eliminating downtime and continuously pumping all 1,440 minutes in the day. I am proud of the Liberty team for reaching new heights during an unconventional time in the oil and gas cycle.”

Liberty teams utilized Downing’s Freedom Series iControl, a completion system that instantaneously transitions from one well to the other, opening the second well and subsequently shutting-in the first well, all while pumping, eliminating the time between stages.

“Kaiser-Francis is excited about the accomplishment of 24 hours of continuous pumping. It is a significant milestone that was made possible by the commitment of Liberty and Downing both to advance the technology, and to work together on location in the field,” said Tom Redman, Chief Operating Officer, Kaiser-Francis Oil Company.

“We are proud to partner with Liberty. Achieving 1440 has been a shared goal, and hitting this milestone is a testament to the incredible people involved in this project,” said Zac Graves, CEO of Downing’s parent company, SEF Energy. “We look forward to continuing to set the standard in terms of safety and efficiency in well completions.”

About Liberty

Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it.


Contacts

Michael Stock
Chief Financial Officer
303-515-2851
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EXCELSIOR, Minn.--(BUSINESS WIRE)--Excelsior Energy Capital (“Excelsior”), a leading independent North American renewable energy investor, announced today that its flagship fund – Excelsior Renewable Energy Investment Fund I (the “Fund”) – has closed on the acquisition of 100 percent of Santander Bank, N.A.’s Class A tax equity interests in the 25 MWDC El Centro Solar Project (the “Project”), located in El Centro, California. Mitsubishi HC Capital Inc. and Shikoku Electric Power Co., will invest alongside the Fund to own the asset. The Project has a long-term power purchase agreement with an investment-grade public utility and benefits from over 8-years of operating history.



The Fund acquired the Class B cash equity interests in 2019 and plans to implement identified performance upgrades as it seeks to further optimize the Project. This transaction is a way for the Fund to deploy follow-on capital into existing investments while streamlining the capital structure. This type of transaction allows the existing tax equity (Class A) investor to redeploy its capital into new renewable energy projects, fostering industry growth.

Anne Marie Denman, Partner at Excelsior, said: “The acquisition of tax equity in Fund portfolio investments is an important investment strategy for Excelsior Energy Capital. The Excelsior team is already very familiar with the Project given its original investment of the El Centro Solar project’s cash equity interests in early 2019. With this investment Excelsior is able to optimize the Project’s capital structure and pursue other value-add strategies for what is already a very strong asset.”

About Excelsior Energy Capital

Excelsior Energy Capital is a pure-play renewable energy infrastructure fund focused on long-term investments in wind and solar power plants in North America. The Excelsior Team brings over 100 years of combined experience and a comprehensive set of strategic, financial, legal and operational expertise; making Excelsior Energy Capital a valuable partner for developers and operators, and a trusted manager for investors. For more information, visit http://www.excelsiorcapital.com.


Contacts

Alex Ellis
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HOUSTON--(BUSINESS WIRE)--Expro Group, an international energy services company with market leadership in well access and well flow optimization, has appointed Karen David-Green to the newly created position of Chief Communications, Stakeholder and Sustainability Officer.



Ms. David-Green is a seasoned executive with considerable experience leading communications, marketing and investor relations functions, with particular expertise in the energy industry. At Expro, she is responsible for leading the planning and execution of the Company’s communication and engagement with key stakeholders, including analysts, investors and employees, as well as its sustainability initiatives and environmental, social and governance (ESG) reporting. She reports to Mike Jardon, Chief Executive Officer of Expro.

“Karen brings deep and highly relevant experience to Expro – her prior success overseeing investor relations, communications and sustainability programs will be invaluable as we enter Expro’s next chapter as a public company through our combination with Frank’s International,” said Mr. Jardon. “Karen is uniquely qualified to help us build a best-in-class program to deepen our engagement with key stakeholders and articulate our clear vision for the future of our company and the role we play in helping our customers deliver on a lower carbon future.”

“Expro is a global industry leader at the forefront of the energy transition, and I am honored to join the company at this critical point in its history,” said Ms. David-Green. “I look forward to continuing to work with the management team to ensure Expro demonstrates leadership, accountability and transparency as it drives growth and value creation for the benefit of customers, shareholders and other stakeholders.”

About Karen David-Green

Ms. David-Green joins Expro after spending ten years in communications, marketing and investor relations leadership positions with Weatherford International plc, most recently as Senior Vice President, Stakeholder Engagement & Chief Marketing Officer. In that role she led the company’s global marketing, communications and investor relations strategy and established Weatherford’s Sustainability Leadership Council and Working Group, which guided the company’s ESG and sustainability agenda. She previously served as Vice President, Corporate Marketing and Investor Relations, as well as Vice President, Communications and Investor Relations. Prior to joining Weatherford in 2010, she spent 15 years on Wall Street including serving as Executive Director of U.S. Equity Research, Oil Services & Equipment at Oppenheimer & Co., Inc.

About Expro

Expro is a provider of well flow optimization services, combining technology with high quality data across well flow management, subsea well access, well intervention and production solutions, with a specific focus on offshore, deepwater and other technically challenging environments. Expro provides well flow management services in many of the world’s major offshore and onshore basins and has nearly 50 years of experience assisting its customers in all aspects of well management, from exploration and appraisal through to mature field production optimization and eventual well abandonment. Founded in 1973, Expro has approximately 4,000 employees and 900 contractors and provides services to leading exploration and production companies in both onshore and offshore environments in approximately 50 countries with over 100 locations.

For more information, please visit: www.exprogroup.com and connect with Expro on Twitter @ExproGroup and at www.linkedin.com/company/expro


Contacts

Investor contact:
Karen David-Green - Chief Communications, Stakeholder & Sustainability Officer
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+1 281 994 1056

Media contact:
Hannah Rumbles - Global Marketing and Communications Manager
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+44 1224 796 729

Consumer products leader saves energy and optimizes production processes in manufacturing facilities, shrinking its carbon footprint

ST. LOUIS--(BUSINESS WIRE)--Global software, technology and engineering leader Emerson (NYSE: EMR) is collaborating with S&P 100 consumer products manufacturer Colgate-Palmolive Company (NYSE: CL) to reduce wasted energy in Colgate’s product packaging facilities and contribute to its goal of achieving net zero carbon emissions in operations by 2040. Armed with data from Emerson’s advanced sensor technologies and analytics, Colgate has already seen a 15% reduction in energy usage on several toothpaste and toothbrush packaging lines and expects even greater energy savings as the technology is rolled out more widely.


The project is part of Colgate’s digital transformation program and uses specialized AVENTICS™ pneumatic sensors and IIoT-enabled software architecture to precisely monitor compressed air flow in real time to identify leaks, optimize pneumatic processes and improve air flow efficiency. Given the heavy reliance on pneumatics in large-scale consumer goods production, reducing the amount of energy associated with compressed air contributes not only to sustainability efforts, but also to overall equipment health and reliability.

“Colgate is a caring, innovative growth company that’s reimagining a healthier future for all people, their pets and our planet. This collaboration is an excellent example of how the power of digitalization is helping us achieve our purpose by meeting our global sustainability and performance ambitions,” said Warren Pruitt, Vice President Global Engineering Services, Colgate-Palmolive. “Saving energy through air flow monitoring is just the tip of the iceberg. With a test-and-learn mindset, we’re able to scale successful lessons across our global footprint and help achieve our sustainability objectives.”

In Colgate’s implementation, Emerson’s AVENTICS AF2 Smart Flow Sensor calculates air usage data with integrated software that displays trends and anomalies on analytics dashboards, allowing operators to easily regulate supply pressures and detect leaks. The system’s built-in connectivity makes it easy to deploy and provides immediate insights at the machine level, with network capability paving the way for monitoring compressed air usage enterprise wide.

“We’re honored to work shoulder-to-shoulder with Colgate-Palmolive, whose brand Colgate is in more homes than any other,” said Mark Bulanda, Executive President of Emerson’s Automation Solutions business. “Projects like this demonstrate the technology available today to detect wasteful and costly energy leaks, optimize manufacturing processes and make a measurable difference in meeting sustainability goals.”

About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.

About Colgate-Palmolive

Colgate-Palmolive Company is a caring, innovative growth company reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, the Company sells its products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmes, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA Skin, Protex, Sanex, Softsoap, Speed Stick, Ajax, Asion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The Company is recognized for its leadership and innovation in promoting environmental sustainability and community well-being, including its achievements in saving water, reducing waste, promoting recyclability and improving children’s oral health through its Bright Smiles, Bright Future program, which has reached more than 1.3 billion children since 1991. For more information about Colgate’s global business and how the Company is building a future to smile about, visit ColgatePalmolive.com CL-C

Additional resources:

 


Contacts

For Emerson
Denise Clarke
(512) 587-5879
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First Green Commercial Paper Program in the United States Provides for CarbonCount® Reporting on Avoided Emissions

ANNAPOLIS, Md.--(BUSINESS WIRE)--Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong,” or the “Company”) (NYSE: HASI), a leading investor in climate solutions, today announced the establishment of a $100 million CarbonCount® Green Commercial Paper Note Program (the “CarbonCount® Green CP Program”), marking the launch of the first fully Green Commercial Paper program in the United States. BofA Securities, Inc. is acting as the sole dealer and green structuring advisor on the program.


Amounts available under the CarbonCount® Green CP Program may be borrowed, repaid and re-borrowed from time to time, with the maximum aggregate face or principal amount of CarbonCount® Green Commercial Paper Notes outstanding at any one time not exceeding $100 million. The CarbonCount® Green Commercial Paper Notes will be sold on terms that are customary for the United States commercial paper market and will be at least equal in right of payment with all of Hannon Armstrong’s other unsecured and unsubordinated indebtedness. Payment of the CarbonCount® Green Commercial Paper Notes will be supported by a direct-pay letter of credit issued by Bank of America, N.A.

Consistent with our investment thesis and Sustainability Investment Policy, Hannon Armstrong only invests in assets that are neutral to negative on incremental carbon emissions or have some other tangible environmental benefit, such as reducing water consumption. We track and report on the impact of all investments utilizing our CarbonCount® metric, a proprietary scoring tool for evaluating investments in U.S. based renewable energy, energy efficiency, and climate resilience projects to determine the efficiency by which each dollar of invested capital reduces annual carbon dioxide equivalent (CO2e) emissions. This first-of-its-kind methodology promotes transparency in project finance by creating a simple and comparable metric for infrastructure projects to be evaluated in terms of how much the capital investment is mitigating climate change.

The Company intends to allocate an amount equal to the net proceeds of CarbonCount® Green Commercial Paper Notes to acquire or refinance, in whole or in part, Eligible Green Projects, which include Behind-the-Meter, Grid-Connected and Sustainable Infrastructure projects:

  • Behind-the-Meter: distributed building or facility projects, which reduce energy usage or cost through the use of solar generation and energy storage or energy efficiency improvements including heating, ventilation and air conditioning systems, lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems;
  • Grid-Connected: projects that deploy cleaner energy sources, such as solar and wind to generate power where the off-taker or counterparty is part of the wholesale electric power grid; and
  • Sustainable Infrastructure: upgraded transmission and distribution systems, water and storm water infrastructure, and other projects that improve water or energy efficiency, increase resiliency, positively impact the environment, or more efficiently use natural resources.

Pending allocation of the full amount equal to the net proceeds from the concurrently outstanding CarbonCount® Green Commercial Paper Notes at any point of time, the Company intends to invest such net proceeds in interest-bearing accounts and short-term, interest-bearing securities that are consistent with the Company’s intention to continue to qualify for taxation as a REIT.

“This CarbonCount® Green Commercial Paper Program is another cost-effective and innovative component of our diverse funding platform, as we remain a leader in both climate positive investing and green debt issuance,” said Jeffrey A. Lipson, Chief Financial Officer and Chief Operating Officer.

ABOUT HANNON ARMSTRONG

Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $8 billion in managed assets, Hannon Armstrong’s core purpose is to make climate-positive investments with superior risk-adjusted returns. For more information, please visit www.hannonarmstrong.com. Follow Hannon Armstrong on LinkedIn and Twitter @HannonArmstrong.

Forward-Looking Statements

Some of the information in this press release contains forward-looking statements and 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. When used in this press release, words such as “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “should,” “may,” “target,” or similar expressions, are intended to identify such forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements include those discussed under the caption “Risk Factors” included in the Company’s Annual Report on Form 10-K for the Company’s fiscal year ended December 31, 2020, which was filed with the U.S. Securities and Exchange Commission (“SEC”), as well as in other reports that the Company files with the SEC.

Forward-looking statements are based on beliefs, assumptions and expectations as of the date of this press release. The Company disclaims any obligation to publicly release the results of any revisions to these forward-looking statements reflecting new estimates, events or circumstances after the date of this press release.


Contacts

Investor Inquiries
Chad Reed
410-571-6189
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Media Inquiries
Gil Jenkins
443-321-5753
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DUBLIN--(BUSINESS WIRE)--The "Green Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.


The global green data center market is expected to grow at a CAGR of around 22% during 2021-2026.

Companies Mentioned

  • Cisco Technology Inc.
  • Dell EMC Inc.
  • Eaton Corporation
  • Ericsson Inc.
  • Fujitsu Limited (Furukawa Group)
  • HCL Technologies Limited
  • Hitachi Ltd
  • HP Inc.
  • Huawei Technologies Co. Ltd.
  • IBM
  • Microsoft Corporation
  • Schneider Electric SE
  • Siemens AG
  • Vertiv Co.

Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A green data center refers to an environment-friendly facility that accommodates computers and servers for storage, management and distribution of data. It primarily operates on solar, wind or hydropower, and the components are designed for maximum energy efficiency and minimal carbon footprint. Some of the typically used components include energy-conserving power supply, centralized humidification, efficient servers, routers, heating, ventilation and air conditioning (HVAC) and light-emitting diode (LED) systems. In comparison to the traditionally used data centers, these systems aid in segregating workload, provide centralized control and ease of data migration, are more resilient and offer next-generation storage experience to the user.

The market is primarily being driven by the growing requirement for energy-efficient computing systems, which is further facilitated by increasing digitization across industries. Moreover, rising environmental consciousness and the widespread adoption of data centers to store and manage the constantly increasing amounts of data, are driving the market growth. Green data centers are usually designed with on-site wind and solar farms that are constructed on the terrace of the building or facility. They also use the wastewater by recycling it for cooling purposes.

Additionally, various product innovations, such as the utilization of low-emission building materials, paints, carpets, waste recycling systems and sustainable landscaping, for the construction of these data centers, are acting as other growth-inducing factors. Manufacturers are also using alternative technologies, such as evaporative cooling, heat pumps, photovoltaic cells and catalytic converters, for producing energy-efficient systems. This, along with significant growth in the information technology (IT) infrastructure, represents some of the other factors driving the market further.

Key Questions Answered in This Report

  • How has the global green data center market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global green data center market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the data center type?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global green data center market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Green Data Center Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component

7 Market Breakup by Data Center Type

8 Market Breakup by Industry Vertical

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/6mwtfp


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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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

DUBLIN--(BUSINESS WIRE)--The "World - Furnace Burners for Solid Fuel or Gas - Market Analysis, forecast, Size, Trends and Insights. Update: COVID-19 Impact" report has been added to ResearchAndMarkets.com's offering.


This report provides an in-depth analysis of the global market for solid fuel furnace burner. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries.

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, the researchers combined the accumulated expertise of their analysts and the capabilities of artificial intelligence. The AI-based platform, developed by data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

Key Topics Covered:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1 MARKET SIZE

3.2 CONSUMPTION BY COUNTRY

3.3 MARKET FORECAST TO 2025

4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1 TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS

4.2 BEST-SELLING PRODUCTS

4.3 MOST CONSUMED PRODUCT

4.4 MOST TRADED PRODUCT

4.5 MOST PROFITABLE PRODUCT FOR EXPORT

5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition

5.1 TOP COUNTRIES TO SOURCE YOUR PRODUCT

5.2 TOP PRODUCING COUNTRIES

5.3 TOP EXPORTING COUNTRIES

5.4 LOW-COST EXPORTING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition

6.1 TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT

6.2 TOP CONSUMING MARKETS

6.3 UNSATURATED MARKETS

6.4 TOP IMPORTING MARKETS

6.5 MOST PROFITABLE MARKETS

7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1 PRODUCTION VOLUME AND VALUE

7.2 PRODUCTION BY COUNTRY

8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1 IMPORTS FROM 2007-2019

8.2 IMPORTS BY COUNTRY

8.3 IMPORT PRICES BY COUNTRY

9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1 EXPORTS FROM 2007-2019

9.2 EXPORTS BY COUNTRY

9.3 EXPORT PRICES BY COUNTRY

10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition

11. COUNTRY PROFILES

For more information about this report visit https://www.researchandmarkets.com/r/kvtei8


Contacts

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

CHELMSFORD, Mass.--(BUSINESS WIRE)--#AI--Axis Communications announces the 8th generation of its custom-designed system-on-chip (SoC) made for network video. The ARTPEC-8 SoC was designed first and foremost to create new opportunities for impressive analytics applications based on deep learning on the edge. In addition, the new SoC accelerates the array of remarkable capabilities and features first seen with the implementation of ARTPEC-7. These include superior imaging, enhanced security, and powerful compression. Furthermore, the fact that ARTPEC-8 was designed in-house gives Axis a level of control crucial to cybersecurity. Going forward, the new chip will be the basis for the vast majority of Axis network video products. Some of the first cameras to include this chip are the soon-to-be-launched AXIS Q3536-LVE/38-LVE Dome Cameras and AXIS Q1656-LE Box Camera.



“With ARTPEC-8, Axis is leading the way toward a new era of exciting analytics based on deep learning on the edge,” says Johan Paulsson, Chief Technology Officer. We want to deliver the easiest access to actionable insights through the widest range of analytics on the market. Our ultimate goal is to contribute to creating a smarter, safer world by addressing more and more important use cases. Plus, ARTPEC-8 is 100% optimized for high-quality network video solutions. And, as always, we have complete control over every single transistor.”

Deep-learning-based analytics on the edge

ARTPEC-8 supports powerful analytics applications based on deep learning on the edge where cameras have the processing power to analyze data within the camera itself. An example of deep-learning-based analytics is highly granular real-time object detection and classification that makes it possible to develop analytics that can distinguish between different kinds of objects, such as types of vehicles. This is the basis for AXIS Object Analytics. It also opens the door to other deep-learning-based analytics that deliver actionable insights for security, safety, and operational purposes. Thanks to the open Axis platform, these other analytics applications will include tailor-made applications from Axis partners.

The advantages of analyzing data on the edge

Deep-learning-based analytics on the edge, powered by ARTPEC-8, deliver additional significant benefits as well. Analyzing data on the edge – on the camera – means no information is lost in compression or transmission making results more reliable. It allows for faster alerts, which in turn lets users act instantly to protect people and property and make the right decisions about their operations. It creates cost savings because less bandwidth and storage and fewer servers are needed. Less bandwidth and storage also significantly reduce the risk of loss of sensitive data and fewer servers also improves scalability.

Increased analytics performance and the best imaging

ARTPEC-8 continues to facilitate Axis Lightfinder 2.0 and Axis Forensic WDR for the best image processing under difficult light conditions. These are part of the foundation for Axis Scene Intelligence technology, which increases the performance of analytics applications. The result is consistent analytics results and fast, accurate forensic search capabilities with minimal false alarms even under challenging surveillance conditions. Axis Scene Intelligence puts market-leading expertise from decades of experience with image processing to work.

Cybersecurity benefits

ARTPEC-8 builds on cybersecurity features introduced with ARTPEC-7 including signed firmware and secure boot. ARTPEC-8 supports Edge Vault for secure storage of cryptographic keys and certificates. Trusted Platform Module (TPM) for FIPS-compliant secure storage will be available in certain cameras.

The first cameras to include the new ARTPEC-8 chip--the AXIS Q3536-LVE/38-LVE Dome Cameras and the AXIS Q1656-LE Box Camera--will be on display in the Axis Communications Booth #1341 at the Global Security Exchange (GSX) Conference, September 27 - 29, 2021, Orange County Convention Center, Orlando, Florida.

About Axis Communications

Axis enables a smarter and safer world by creating network solutions that provide insights for improving security and new ways of doing business. As the industry leader in network video, Axis offers products and services for video surveillance and analytics, access control, intercom and audio systems. Axis has more than 3,8​00 dedicated employees in over 50 countries and collaborates with partners worldwide to deliver customer solutions. Axis was founded in 1984 and has its headquarters in Lund, Sweden. For more information about Axis, please visit our website www.axis.com.


Contacts

Chris Shanelaris,
Public Relations, Americas, Axis Communications
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: (978) 614-3023

Company Set to Debut Brand New Epicentral Mobile Host

HAMDEN, Conn. & LAS VEGAS--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printer solutions for high-growth markets, announced that it will demonstrate for attendees at the 21st Annual Global Gaming Expo (“G2E 2021”) how its line of gaming products enhance the player experience with its Epic technology. TransAct’s display (Booth #2423) at G2E 2021, to be held in Las Vegas, Nevada from October 5-7, 2021 at the Venetian Expo, will highlight the Company’s full lineup of casino and gaming printers and software solutions, including the latest version of its innovative Epicentral Software Bonusing System which includes the all new Epicentral Mobile Host feature running on iPad or Android Tablets and its TITO and roll-fed printers.

“TransAct has long offered print and player bonusing solutions that allow casino and gaming operators to get an edge over their competition. There’s no better proof of this than our showcase of the new Epicentral Mobile Host feature of Epicentral giving Casino Slot Floor Managers the ultimate tool to identify and reward their most valuable players on the property in real-time. With our Epic Edge printer and Epicentral solution, we are bringing to casinos worldwide the most advanced printing technology that takes gaming capabilities to the next level,” said Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct Technologies. “Most importantly, we’re thrilled to reunite with our colleagues, clients and other industry leaders in person.”

Epicentral and Epicentral Mobile Host Delivers Casino Revenue Growth and Drives Loyalty

TransAct will again demonstrate at G2E 2021 its Epicentral Software Bonusing System along with its newest innovation, Epicentral Mobile Host. Together with the Epic Edge, Epicentral prints intelligent promotional offers at the slot machine or table-top game while the guest is playing. With the addition of Epicentral Mobile host, running on an iPad or Android tablet, Casino Slot Floor Managers will have a real-time dashboard of every player and activity on every game in the casino, giving them the ability to instantly deliver promotions to their best players. Additionally, Epicentral Mobile Host can provide a drill-down list of each slot machine player session to give hosts the ability to assess if a well-timed reward can further enhance play for their customer. If for any reason a player’s reward coupon has been damaged or lost, the host can look-up and reprint rewards on-demand. Casino Marketing and Slot Floor Managers can also view active promotions and coupons and select which offer they would like to award at the moment.

Epicentral extends time-on-device, increases player spend, and generates increased customer loyalty – all leading to more revenue for casinos. Epicentral offers a variety of new and improved features that are strategically designed for casino operators to increase their profits while using the most effective and user-friendly software in the industry. The latest version of Epicentral is cloud-based, which makes it easier to install, update, and keep secure. Epicentral can be enabled with the Acres Foundation System for real-time data or connected to the casino management system.

Epic Edge: The Leader in Ticket-In/Ticket-Out

The next-generation Epic Edge is the newest and most advanced TITO printer, offering a more than 50 percent improvement over existing printers thanks to its 300-DPI print resolution. Higher print resolution allows the Epic Edge to replicate a nearly unlimited array of characters and graphics, making it an ideal fit for casino operators around the globe. The Epic Edge also creates sharper barcodes which drive better ticket acceptance and reduced attendant calls, resulting in measurably improved floor performance that allows slot and table operations to run at peak efficiency. Epic Edge also prints eye-catching, dynamic graphic images, making it ideal for implementation alongside applications such as Epicentral. The Epic Edge allows for firmware updates via a full speed USB 2.0 connection or directly via a micro SD card, making the process of updating firmware faster than ever. Other features include a single rugged outer chassis with color coded rails, numerous flexible port options (Serial and USB), hot swap capability to eliminate game downtime, a faster ServerPort™ connection and an adjustable ticket bucket that accommodates standard and smaller, paper-saving tickets.

Also on display will be the Epic Edge TT made especially for table games, players’ club desks and cash desks. It packages a printer and internally mounted power supply in a tidy, compact design that is easy to deploy. In addition, thanks to its dual port capability, the Epic Edge TT allows operators to expand the bonusing environment created by their Epicentral deployments to non-gaming device applications.

The Epic printer offering is rounded out by the Epic 880®, a compact printer for all types of gaming and sports betting machines (including video lottery terminals) which features a modular design that is configurable to nearly any space, a variable length ticket presenter and ticket retract capability. It also offers auto paper loading and can accommodate 4-inch or 6-inch paper rolls.

About TransAct Technologies Incorporated

TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, POS automation, , and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA!™, AccuDate™, EPICENTRAL®, Epic®, Ithaca® and Printrex® brands. TransAct has sold over 3.3 million printers and terminals around the world and is committed to providing world-class service, spare parts and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.

Epicentral and Epic are registered trademarks of TRANSACT Technologies Incorporated. ©2021 TRANSACT Technologies Incorporated. All rights reserved.

Forward-Looking Statements

Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe" or "continue" or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but not limited to, customer acceptance and market share gains, both domestically and internationally, in the face of substantial competition from competitors that have broader lines of products and greater financial resources; our competitors introducing new products into the marketplace; our ability to successfully develop and introduce new products and the acceptance of such products in the marketplace; our dependence on significant customers; our dependence on significant vendors; dependence on contract manufacturers for the assembly of a large portion of our products in Asia; our ability to protect intellectual property; our ability to recruit and retain quality employees as the Company grows; our dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe, Latin America and Asia; the economic and political conditions in the United States, Australia, New Zealand, Europe, Latin America and Asia; marketplace acceptance of new products; risks associated with foreign operations; the availability of third-party components at reasonable prices; price wars or other significant pricing pressures affecting the Company's products in the United States or abroad; risks associated with potential future acquisitions; the risk that our new line of food safety and oil and gas products will not drive increased adoption by customers; and other risk factors detailed in TransAct's Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. Actual results may differ materially from those discussed in, or implied by, the forward-looking statements. The forward-looking statements speak only as of the date of this release and the Company assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.


Contacts

Investor Contact:
Ryan Gardella
ICR, Inc.
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JEFFERSONVILLE, Ind.--(BUSINESS WIRE)--#cyclones--Industrial manufacturer Heumann Environmental Company LLC (HEC) has announced the launch of a cloud-based software service that empowers customers to design and build cyclones, the specialized separation equipment used in many industrial processes and pollution control applications.


Developed by subsidiary Heumann Software Company, the High Efficiency Cyclone Calculator™ -- or HECyclone™ for short -- represents the first of a suite of proprietary software services for companies in the petrochemical, pharmaceutical, ethanol, petroleum, forest products and utility industries, among others, that use reverse flow cyclones to separate particles from gas streams. The software incorporates decades of HEC technical experience and more than a century of industry data validated across multiple applications and scenarios.

"This is intelligent software that puts the power to design, validate or build cyclones literally in customer hands," said Bill Heumann, president of Heumann Software Company. "It's available 24/7, and there's no limit on the number of cyclones or unique specifications that customers can test and build."

Through its easy-to-use interface, the HECyclone software allows customers to select a cyclone model and to provide conditions for its use. Operators can test as many process and design scenarios as desired to determine the best high efficiency cyclone solution, allowing them to witness the nuanced effects of those changes across their optimal collection range.

The software employs the same analytical engine used by HEC to size and build cyclones to exacting performance specifications.

Customer-built designs are securely stored and are available for password-protected retrieval. Additionally, operators can clone all or parts of previous designs to jumpstart new projects. Three pricing packages are available.

"HECyclone is invaluable for a wide range of professionals -- from equipment suppliers wanting to design and supply high efficiency cyclones, chemical engineers looking to better understand or optimize their own cyclones; and scientists, researchers and students wanting to learn about the unique effects design elements can have on cyclone performance," Heumann said.

The package can be customized with Gas Mix Calculator and Overall Performance Calculation add-ons that provide additional detail in various graphic formats. Software subscribers are eligible for discounts on HEC cyclone related services as well.

About Heumann Environmental Company and Heumann Software

HEC is a world leader in providing high efficiency cyclones, scrubbers and severe duty filters for emission control, product recovery and nuisance dust and fume collection. In addition to its environmental products, the company specializes in fabrication, manufacturing, engineering, consulting and infrastructure projects. For more information, visit www.heumannenviro.com. With the launch of HECyclone, Heumann Software is revolutionizing the tools for designing, modeling, testing, running simulations and building cyclones. More information is available at www.hecyclone.com.

Links to additional resources:

Extended news release (pdf)
Executive bios (pdf)
Bill Heumann headshot (jpg)
Neal Heumann headshot (jpg)
Software dashboard (png)


Contacts

Media contacts:
Jacqueline K. Heumann, Heumann Software Co., 630-204-8615 | This email address is being protected from spambots. You need JavaScript enabled to view it.
Terry McWilliams, Mozaic Communications, 502.410.2113 | This email address is being protected from spambots. You need JavaScript enabled to view it.

Aspiration becomes first Founding Partner of Intuit Dome, which will be the first climate positive arena

LOS ANGELES--(BUSINESS WIRE)--$IPVF--The LA Clippers and Aspiration have announced a multi-year partnership that designates the world's leader in sustainability as a service solution for consumers and companies as the first Founding Partner of Intuit Dome, the future home of the Clippers. Together, Aspiration and the Clippers are setting a new standard for social responsibility in sports by building the first climate positive arena and committing to programs that will make a difference in the fight against climate change. Aspiration recently entered into a merger agreement with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly traded special purpose acquisition company, which, upon closing, will result in Aspiration becoming a listed company.


The Clippers will engage Aspiration’s Sustainable Impact Services, which offers software and services that enable companies to integrate the fight against climate change into their daily customer experience. The Clippers and Aspiration are also introducing the first “Planet Protection Fund,” which will provide fans with the opportunity to offset their own carbon impact whenever they purchase a ticket to cheer on the Clippers. The two organizations will also develop sustainability programming to benefit Southern California businesses, entrepreneurs and students.

"There is a responsibility associated with building the best arena in the world,” said Clippers Chairman Steve Ballmer. "Aspiration becoming our first Founding Partner supports the stake we are planting in the ground to make Intuit Dome the most sustainable arena in the world.”

"Today, the Clippers are raising the bar for every major sports franchise in the world," said Joe Sanberg, Co-founder of Aspiration. "By committing to a sustainable future, this team is proving that its massive cultural influence can extend to harnessing meaningful and ongoing action against the climate crisis by embedding Aspiration’s sustainability services throughout the fan experience. As a Clippers fan, I am proud to be partnering with them to define a new era of climate action in major league sports — and I hope that the rest of the NBA follows their example."

The Clippers are aggressively working toward initiatives that will earn Intuit Dome a LEED Platinum certification, the highest classification available. Intuit Dome will operate 100% carbon-free from day one, and be the only sports arena in the world built with 100% embodied carbon concrete. Intuit Dome will be naturally ventilated, fully electric through batteries and solar power with enough on-site energy storage to power a basketball game or concert, and have no net new greenhouse gas emissions. It will feature a comprehensive waste reduction program to eradicate landfill waste onsite and extensive programs to improve regional air quality. Intuit Dome has committed to the annual monitoring of greenhouse gas emissions and transportation impacts, a first for a large-scale venue, which will ensure sustainability goals and promises are met, and also provide the data to help drive broader community transformation to a low carbon future.

We are excited to be the first Founding Partner of Intuit Dome, and we recognize that this is a great opportunity to further integrate sustainability and carbon negativity into the operations of this iconic franchise,” said Andrei Cherny, Co-founder and CEO of Aspiration. “The LA Clippers are proof positive of Aspiration’s core philosophy: People and businesses can do well while also doing good.”

Our relationship with Aspiration is aspirational; how do we do more?” said Gillian Zucker, LA Clippers President of Business Operations. “It’s not enough anymore to just do our part as a company. We need to use our platform to create a movement around the importance of protecting our planet.”

As Intuit Dome’s first Founding Partner and a team partner of the Clippers, Aspiration will receive physical and digital signage elements and activations that promote sustainability, hospitality elements and will become the presenting partner of the Clipper Nation MVP Program, which offers exclusive benefits to season ticket holders. Aspiration will also engage with the Clippers’ Mentorship Assist Zone program, which provides underserved Southern California youth with education and exposure to career opportunities.

About the LA Clippers
Led by Chairman Steve Ballmer, the LA Clippers have competed in 51 NBA seasons and appeared in the Playoffs in nine of the past 10 seasons. The Clippers are committed to the city of Los Angeles and through the LA Clippers Foundation, provide resources and opportunities that make a positive difference toward leveling the playing field for youth in Southern California. Visit the Clippers online at www.clippers.com or follow them on social media @LAClippers.

About Intuit Dome
Intuit Dome will open for the 2024-25 season in Inglewood, California as the new home of the LA Clippers. Built for the fan, by the fan, the technologically advanced and basketball-obsessed arena, entertainment venue and outdoor plaza will deliver a uniquely intimate and intense experience.

About Aspiration Partners Inc.
Aspiration is a leading platform to help people and businesses put automated sustainable impact into their hands and integrate it into their daily lives. The company is currently in the process of completing a merger with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly traded special purpose acquisition company. Aspiration has earned the trust of its more than 5 million members by helping them spend, save, shop, and invest to both "Do Well" and "Do Good." Aspiration Partners, Inc. is a certified B Corp. Headquartered in Marina del Rey, CA, Aspiration Partners Inc. is backed by investors including Alpha Edison, AGO, Capricorn Investment Group, Allen & Company, Flourish Ventures, Social Impact Finance, Deep Field Asset Management, Joseph Sanberg, Alex Pomeroy, Glenn "Doc" Rivers, Orlando Bloom, Leonardo DiCaprio, Cindy Crawford, Kaia Gerber, and Robert Downey Jr.'s Footprint Coalition Ventures. For more information, visit Aspiration.com or Aspiration.com/business. Still and video media assets can be found at https://tinyurl.com/56u3yu3z.

About InterPrivate III Financial Partners Inc.
InterPrivate III Financial Partners Inc., led by Chairman & CEO Ahmed Fattouh, President Nicholaos Krenteras, and Vice Chairman Sunil Kappagoda, is a blank check company whose business purpose is to effect a business combination with one or more businesses in the financial services or fintech sectors. InterPrivate III’s Board of Directors includes globally recognized financial services leaders including: former BankOneChairman, John McCoy; former Lucent and Verifone Chairman, Rich McGinn; Pine Brook founder and former Warburg Pincus Vice Chairman, Howard Newman; and fintech investor Gordy Holterman.


Contacts

Aspiration Investor Relations
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Aspiration Public Relations
David Meadvin
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LA Clippers
Chris Wallace
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InterPrivate III Financial Partners Inc.
Investor Relations
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InterPrivate Capital
Charlotte Luer
Investor Relations
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DUBLIN--(BUSINESS WIRE)--The "Brazil Midstream Oil and Gas Industry Outlook to 2025 - Market Outlook for Liquefied Natural Gas (LNG), Liquids Storage, Pipelines and Gas Processing" report has been added to ResearchAndMarkets.com's offering.


Brazil Midstream Oil and Gas Industry Outlook to 2025 - Market Outlook for Liquefied Natural Gas (LNG), Liquids Storage, Pipelines and Gas Processing is a comprehensive report on midstream oil and gas industry in Brazil.

The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, liquids storage terminals major trunk pipelines and gas processing plants in Brazil till 2025. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the country's midstream sector, wherever available.

Scope

  • Updated information related to all active, planned and announced LNG terminals, oil storage terminals, trunk pipelines and gas processing plants in the country, including operator and equity details
  • Key mergers and acquisitions and asset transactions in the country's midstream oil and gas industry, where available
  • Latest developments, financial deals and awarded contracts related to midstream oil and gas industry in the country, wherever available

Reasons to Buy

  • Gain strong understanding of the country's midstream oil and gas industry
  • Facilitate decision making on the basis of strong historical and outlook of capacity/length data
  • Assess your competitor's major LNG terminals, oil storage terminals, trunk pipelines, and gas processing plants in the country
  • Analyze the latest developments, financial deals landscape and awarded contracts related to the country's midstream oil and gas industry

Key Topics Covered:

1. Table of Contents
1.1. Table of Figures
1.2. Table of Tables

2. Introduction
2.1. What is this Report About?
2.2. Market Definition

3. Brazil LNG Industry
3.1. Brazil LNG Industry, Regasification
3.2. Brazil LNG Industry, Regasification, Overview
3.3. Brazil LNG Industry, Regasification Capacity by Major Companies
3.4. Brazil LNG Industry, Regasification Capacity by Terminal
3.5. Brazil LNG Industry, Regasification Asset Details

4. Brazil Oil Storage Industry
4.1. Brazil Oil Storage Industry, Key Data
4.2. Brazil Oil Storage Industry, Overview
4.3. Brazil Oil Storage Industry, Storage Operations
4.4. Brazil Oil Storage Industry, Storage Capacity Share by Area
4.5. Brazil Oil Storage Industry, Storage Capacity by Major Companies
4.6. Brazil Oil Storage Industry, Storage Capacity by Terminal
4.7. Brazil Oil Storage Industry, Asset Details

5. Brazil Oil and Gas Pipelines Industry
5.1. Brazil Oil Pipelines
5.2. Brazil Oil Pipelines, Overview
5.3. Brazil Oil and Gas Pipelines Industry, Crude Oil Pipeline Length by Company
5.3.1. Brazil Oil and Gas Pipelines Industry, Crude Oil Pipelines
5.4. Brazil Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Company
5.4.1. Brazil Oil and Gas Pipelines Industry, Petroleum Products Pipelines
5.5. Brazil Oil and Gas Pipelines Industry, Oil Pipelines, Assets Details
5.6. Brazil Gas Pipelines
5.7. Brazil Gas Pipelines, Overview
5.8. Brazil Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Major Companies
5.9. Brazil Oil and Gas Pipelines Industry, Natural Gas Pipelines
5.10. Brazil Oil and Gas Pipelines Industry, Natural Gas Pipelines, Asset Details

6. Brazil Gas Processing Industry
6.1. Brazil Gas Processing Industry, Key Data
6.2. Brazil Gas Processing Industry, Overview
6.3. Brazil Gas Processing Industry, Gas Processing Capacity by Major Companies
6.4. Brazil Gas Processing Industry, Processing Plant by Facility Type
6.5. Brazil Gas Processing Industry, Capacity Contribution of Various Provinces
6.6. Brazil Gas Processing Industry, Active Gas Processing Capacity
6.7. Brazil Gas Processing Industry, Planned Gas Processing Capacity
6.8. Brazil Gas Processing Industry, Asset Details

7. Recent Contracts

8. Financial Deals Landscape

9. Recent Developments

10. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/e4n7lf


Contacts

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

CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that Adam M. Johnson has been elected to its Board of Directors.

Adam Johnson has served as the Chairman and Chief Executive Officer of NetJets, Inc. since June 2015. During his 25-year career with NetJets, a Berkshire Hathaway company, he has served in many senior leadership roles including: President of Global Sales, Marketing and Service; Senior Vice President of NetJets Administrative Services; Senior Vice President of Logistics; and Executive Director of the NetJets Aviation Flight Center. Adam received a bachelor’s degree in business management from Ohio State University and is a licensed pilot.

William Brett McGill, Chief Executive Officer and President of the Company, stated, “We are very excited and honored to have Adam join our Board of Directors. Adam’s passion for business aviation and his dedication to safety and service for NetJets customers aligns well with MarineMax’s commitment to exceeding our customer’s expectations. We are confident that he will be a strong addition to our Board and his years of experience, plus his passion for boating, will complement our ongoing efforts to continue profitably growing MarineMax. On behalf of the Board, we welcome Adam and look forward to his future contributions to the Company.”

Adam Johnson added, “I am excited to join the MarineMax Board of Directors. MarineMax, like NetJets, is the clear leader in their industry. Many similarities exist between the two business models and I look forward to the opportunity to assist the Company in achieving its strategic goals and objectives.”

About MarineMax

MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 77 retail dealership locations, which includes 31 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, the Company also is the largest super-yacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufacturers boats and yachts with sales through our select retail dealership locations and through independent dealers. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE: HZO). For more information, please visit www.marinemax.com.

Forward Looking Statement

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include Mr. Johnson's contributions to the Board, the Company's efforts to continue profitably growing, and the Company's achievement of its strategic goals and objectives. These statements are based on current expectations, forecasts, risks, uncertainties and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks, assumptions and uncertainties include the Company’s abilities to reduce inventory, manage expenses and accomplish its goals and strategies, the quality of the new product offerings from the Company’s manufacturing partners, the impacts (direct and indirect) of COVID-19 on the Company’s business, the Company’s employees, the Company’s manufacturing partners, and the overall economy, general economic conditions, as well as those within our industry, the level of consumer spending, the Company’s ability to integrate acquisitions into existing operations, and numerous other factors identified in the Company’s Form 10-K for the fiscal year ended September 30, 2020 and other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Contacts

Michael H. McLamb
Chief Financial Officer

Media:
Abbey Heimensen
Public Relations
MarineMax, Inc.
727-531-1700

Investors:
Brad Cohen
ICR, LLC
203-682-8211
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Dawn Francfort
646-677-1859
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DUBLIN--(BUSINESS WIRE)--The "Scoop Stack Shale in the United States of America - Oil and Gas Shale Market Analysis and Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.


The report analyzes the crude oil and natural gas appraisal and production activities in Scoop Stack shale play in the US.

In the US midcontinent region, the Scoop-Stack shale is a prolific shale play located in the central and southern part of the state of Oklahoma. This shale broadly comprises South Central Oklahoma Oil Province (Scoop) and Sooner Trend, Anadarko, Canadian, and Kingfisher (Stack).

These are two basins with different geologic formations and hydrocarbon deposition. Scoop-Stack is not a traditional shale play; rather it contains different layers of stacked pay with different rock types. Its complex formation has an impact on changing hydrocarbon mix across the play.

Inconsistent geology made the hydrocarbon extraction quite difficult and eventually Scoop-Stack emerged as a high-cost resource for US shale drillers. However, in recent years, development in fracking and directional drilling technology have helped producers to obtain better returns from this shale play.

Scope

  • Comprehensive analysis of natural gas and crude oil historical production and short term outlook of Scoop Stack shale play during 2021-2025
  • Detailed information of impact on well development, permits and deals due to COVID-19 pandemic
  • In-depth information on net acreage, operational performance and financial standings of major operators in Scoop Stack shale play
  • Analysis of future plans and cost trends of top companies
  • Up-to-date information on associated infrastructure and major mergers and acquisitions in Scoop Stack shale play between 2018 and 2020

Reasons to Buy

  • Develop business strategies with the help of specific insights into Scoop Stack shale play in the US
  • Plan your strategies based on economic viability and expected developments in Scoop Stack shale play
  • Keep yourself informed with the latest M&A activity in the shale play
  • Identify opportunities and challenges in Scoop Stack shale play

Key Topics Covered:

1. Overview

1.1 Scoop Stack Shale, Recent Developments and Trends

2. Scoop Stack Shale, Introduction

2.1 Scoop Stack Shale, Formation Overview

3. Scoop Stack Shale, Production and Activity Overview

3.1 Scoop Stack Shale, Production Analysis, 2017-2019

3.2 Scoop Stack Shale, COVID-19 Impact on Production

3.3 Scoop Stack Shale, Production Outlook, 2021-2025

3.4 Scoop Stack Shale, Drilling Activity

3.5 Well profile

4. Scoop Stack Shale, Competitive Benchmarking

4.1 Scoop Stack Shale, Major Companies with Prominent Presence, 2020

4.2 Scoop Stack Shale, Completion Parameters, 2020

4.3 Scoop Stack Shale, Future Plans of Major Companies

4.4 Scoop Stack Shale, Cost Trends, 2020

5. Scoop Stack Shale, Analysis of Bankrupt Companies

5.1 Gulfport Energy Corp

5.2 Chaparral Energy Inc

6. Scoop Stack Shale, Associated Infrastructure

6.1 Pipelines

7. Mergers and Acquisition Activity in the Scoop Stack Shale, 2018-2020

7.1 Overview of M&A Activity

7.2 Major Acquisitions

8. Scoop Stack Shale, Analysis of Major Companies

8.1 Cimarex Energy Company

8.2 Chesapeake Energy

8.3 ExxonMobil Corporation

8.4 Marathon Oil Corporation

8.5 BP plc

8.6 Continental Resources, Inc.

8.7 Alta Mesa Holdings, LP

8.8 Unit Corporation

8.9 Gulfport Energy Corporation

8.10 Sandridge Energy Inc

8.11 Linn Energy Inc

8.12 EOG Resources, Inc.

8.13 Chaparral Energy

8.14 Jones Energy, Inc.

8.15 Sundance Energy

8.16 Ovintiv Inc

9. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/iwoda0


Contacts

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

WATERTOWN, Mass.--(BUSINESS WIRE)--WiTricity, the company wirelessly charging the future of mobility, has hired Stephen Tsao as managing director for Asia, based in Hong Kong. Tsao was previously the company’s managing director for Greater China from 2015-2019. He rejoins WiTricity to lead a team that will expand WiTricity’s relationships with automakers and their Tier 1 suppliers across the Asian continent, most notably in China and South Korea, to commercialize wireless electric vehicle (EV) charging.



Tsao specializes in transforming advanced, innovative technologies like EV wireless charging into mass-produced, commercialized products. His experience includes semiconductor development, end-product design, manufacturing, and channel sales. Prior to his latest role at WiTricity, Tsao was senior vice president of global business development at Season Group, a global, vertically integrated electronic manufacturing solutions (EMS) provider with specialty in product design and IoT connectivity. Tsao previously held roles as CEO of Giant Wireless, VP of sales & marketing of WE3 Technology Company Ltd., and marketing director at Freescale Semiconductor and Motorola. He received his MS in electrical engineering at Texas A&M University.

“I’m thrilled to rejoin WiTricity and continue to pursue my passion to deliver world-class wireless charging solutions for EVs across Asia,” said Tsao. “The EV market is exploding in Asia. China has been leading the world in putting EVs on the road, and IHS Markit predicts that if government mandates remain intact, 100% of new car sales in the country will be electric by 2050. Asia presents a massive opportunity for WiTricity, and our goal is to ensure all EVs on the streets are equipped with wireless charging.”

WiTricity’s wireless charging technology enables EVs of all sizes to automatically charge while parked, hands-free, providing numerous benefits to consumers who own EVs, EV fleet operators, and enabling true autonomous mobility. WiTricity’s patented technology is being incorporated into global automakers’ and Tier 1 suppliers’ EV roadmaps, including the VIE Group, Green Power, Yura and Anjie Wireless Technologies in Asia, and is the foundation for global standards developed to support wide-scale adoption of EVs with wireless charging, including the GB standard for wireless charging of EVs in China.

“Global automakers, especially those in Asia, are investing in the development and production of wireless charging technology because they recognize that making EV charging a simple, efficient, and hands-free experience is key to driving mass EV adoption. Stephen’s experience in high volume manufacturing in the region adds tremendous value to our existing relationships with automakers and Tier 1 suppliers and enable us to expand and contribute to a greener future for Asia,” said Alex Gruzen, WiTricity CEO. “We’re excited to have Stephen back to drive our success in the region.”

For more about WiTricity, visit witricity.com.

About WiTricity

WiTricity is the global industry leader in wireless charging, powering a sustainable future of mobility that is electric and autonomous. WiTricity’s patented magnetic resonance technology is being incorporated into global automakers’ and Tier 1 suppliers’ EV roadmaps and is the foundation of major global standards developed to support wide-scale adoption. Advancements like dynamic charging of moving vehicles, and the charging of autonomous robots and vehicles without human intervention all depend on WiTricity technology. See how WiTricity enables a magically simple, efficient charging experience.


Contacts

Allison Webster for WiTricity
This email address is being protected from spambots. You need JavaScript enabled to view it.
(617) 426-2222

DUBLIN--(BUSINESS WIRE)--The "Global Oil and Gas Final Investment Decisions (FIDs) in 2021" report has been added to ResearchAndMarkets.com's offering.


The onset of the COVID-19 pandemic in 2020 forced the postponement of many of the global Final Investment Decisions (FIDs) targeted across the oil and gas value chain last year, particularly in the case of capital-intensive projects.

The pool of projects targeting FID this year are therefore broadly similar to a year ago. Many of these are gas-related and reflect its importance across the value chain, as countries and companies continue to take measures to reduce carbon emissions and plan to become carbon neutral over the coming decades.

Scope

  • Analysis of remaining reserves of greenfield upstream production projects planned for FIDs by region in 2021
  • Key details of upstream production projects targeted to receive FIDs in 2021
  • Brief analysis of major projects expected to receive FIDs across key segments of midstream sector
  • Key details of midstream projects targeted to receive FIDs in 2021
  • Brief analysis of major projects expected to receive FID in refinery and petrochemical segments
  • Key details of refinery and petrochemical projects targeted to receive FIDs in 2021

Key Topics Covered:

1. Global Oil and Gas FIDs in 2021

2. Upstream

2.1 List of Upstream Production Projects Targeting FIDs in 2021

3. Midstream

3.1 List of Oil and Gas Midstream Projects Targeting FIDs in 2021

4. Refining and Petrochemicals

4.1 List of Refining and Petrochemical Plants Targeting FIDs in 2021

5. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/ki0r67


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DUBLIN--(BUSINESS WIRE)--The "Transformative Mega Trends in the Indian Solar Inverters Market" report has been added to ResearchAndMarkets.com's offering.


This report explores the various market drivers and the challenges that suppliers face. Along with the current installed capacity of different states, hotspots in the country with high solar potential are also mapped.

The competitive environment, market share of top competitors, revenue forecast, and pricing trends are also discussed. Market segmentation is based on inverter type and capacity, and market revenues of each segment have been discussed for the 2021 to 2025 forecast period.

Growth opportunities that market players can capitalize on are analyzed along with key market end-user verticals. The impact of the COVID-19 pandemic has been incorporated into the analyses and an achievable annual capacity addition has been forecasted in the report.

The opportunity size of the market is based on the government's cost benchmark and the publisher estimates the Indian solar inverters market to register a CAGR of 3.9%. In terms of revenue, the C&I segment is expected to register the highest CAGR at 7.0%.

India is a signatory to the Paris climate change agreement, which requires at least 40% of its energy to be from renewable sources by 2030. By 2022, India targets 175GW from renewable sources, out of which it plans to achieve 100GW from solar sources with rooftop solar contributing about 40GW.

The Ministry of Renewable Energy has launched a number of schemes to achieve this target and introduced policy measures, such as RPOs, that mandate a certain percentage of power distributed to be from renewable sources. The policy environment is briefly discussed in this study in addition to the various schemes available for participants in the market.

The falling costs of equipment and overall levelized cost of electricity (LCOE) have further spurred the adoption of renewable energy creating the demand for inverters. To encourage local manufacturing, the government has taken various initiatives, such as increasing customs duty on imported inverters.

Key Issues Addressed

  • Is the solar inverters market growing; how long will it continue to grow and at what rate?
  • What are the key drivers and restraints affecting the solar inverters market? What are the competitive factors in this market?
  • How are key regulations affecting the renewable energy market in various regions?
  • Which are the key growth regions for solar energy inverters?
  • Who are the key market players and how is the competitive environment?
  • How are the revenues expected to change over the next 5 years for each segment of the market?

Key Topics Covered:

1. Strategic Imperatives

  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative
  • The Impact of the Top Three Strategic Imperatives on the Solar Inverters Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis, Indian Solar Inverters Market

  • Indian Solar Inverters Market Scope of Analysis
  • Indian Solar Inverters Market Segmentation
  • Overview of Renewable Energy (RE) Sector
  • Key Challenges Faced by Investors in RE Sector
  • Impact of COVID-19 on the Solar Inverters Market
  • Key Policy Initiatives
  • Other MNRE Assistance/Incentive Schemes
  • Regional Hotspots
  • Key Competitors
  • Key Growth Metrics for Indian Solar Inverters Market
  • Top 10 States With Solar Installations
  • Sector-wise RE Cumulative Achievements, 2019
  • Total Planned Solar Energy Capacity Additions Till 2025
  • Total Planned Solar Energy Cumulative Installations Till 2025
  • Capacity Additions by Inverter Type, Indian Solar Inverters Market
  • Indian Solar Inverters Market
  • Distribution Channels for Indian Solar Inverters Market
  • Growth Drivers for Indian Solar Inverters Market
  • Growth Driver Analysis for Indian Solar Inverter Market
  • Growth Restraints for Indian Solar Inverters Market
  • Growth Restraint Analysis for Indian Solar Inverters Market
  • Key Market Trends
  • Push Toward Local Manufacturing
  • Forecast Assumptions
  • Revenue and Capacity Additions Forecast, Indian Solar Inverters Market
  • Revenue Forecast by Inverter Capacity, Indian Solar Inverters Market
  • Revenue Forecast by Inverter End-user Vertical, Indian Solar Inverters Market
  • Revenue and Capacity Additions Forecast, Indian Solar Inverters Market
  • Revenue Forecast by Inverter Capacity, Indian Solar Inverters Market
  • Revenue Forecast by Inverter End-user Vertical, Indian Solar Inverters Market
  • Revenue Forecast Analysis, Indian Solar Inverters Market
  • Revenue Forecast Analysis by Industry Vertical
  • Pricing Trends and Forecast Analysis, Indian Solar Inverters Market
  • Competitive Environment
  • Revenue Share, Indian Solar Inverters Market
  • Revenue Share by Inverter Types, Indian Solar Inverters Market
  • Revenue Share Analysis, Indian Solar Inverters Market

3. Growth Opportunity Analysis, Residential Segment

  • Key Growth Metrics for Residential Segment
  • Revenue and Capacity Additions Forecast, Residential Segment
  • Revenue and Capacity Additions Forecast Analysis, Residential Segment

4. Growth Opportunity Analysis, Commercial & Industrial Segment

  • Key Growth Metrics for C&I Segment
  • Revenue and Capacity Additions Forecast, C&I Segment
  • Revenue and Capacity Additions Forecast Analysis, C&I Segment

5. Growth Opportunity Analysis, Utilities Segment

  • Key Growth Metrics for Utilities Segment
  • Revenue and Capacity Additions Forecast, Utilities Segment
  • Revenue and Capacity Additions Forecast Analysis, Utilities Segment

6. Growth Opportunity Universe, Indian Solar Inverters Market

  • Growth Opportunity 1 - Explore CHB-Based PV Inverters with ESS Systems for Grid Stability, 2021
  • Growth Opportunity 2 - Explore Silicon Carbide/Gallium Nitride Converters for Improved Conversion Efficiency, 2021
  • Growth Opportunity 3 - Incorporate AI/Smart Technology for Better Energy Yield and Safety, 2021

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


Contacts

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
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DUBLIN--(BUSINESS WIRE)--The "Oil and Gas 4.0 - Underlying Technologies, Use Cases and Telco Positioning Strategies" report has been added to ResearchAndMarkets.com's offering.


"Oil and Gas 4.0 - Underlying Technologies, Use Cases and Telco Positioning Strategies" is a new Global Outlook Report that provides an executive-level overview of the Oil & Gas 4.0 market.

It delivers deep qualitative insights into the Oil & Gas 4.0 market, Oil & Gas 4.0 value chain, and ecosystem dynamics. It also analyzes key trends in the Oil & Gas 4.0 market and provides insights into telco activity, positioning approaches and value propositions.

Oil & Gas 4.0 utilizes the foundation set by Industry 4.0 and leverages advanced technologies to increase efficiency, sustainability, achieve higher yields, and create a safer, accident-free working environment. The traditional oil & gas sector has generated an excess of data but has struggled to make use of it.

Oil & Gas 4.0 is the utilization of technology to collect data, gain visibility over field operations and assets, derive actionable insights and automate the oil & gas value chain. Some of the technologies being leveraged for Oil & Gas 4.0 are connectivity & 5G, IoT, cloud & edge computing, big data analytics, AI/ML, drones, and robotics.

The report provides an in-depth analysis of the following

  • The Oil & Gas Ecosystem: the report begins with an analysis of the oil & gas value chain, and the latest trends in the sector affecting International Oil & Gas Companies (IOCs).
  • The Oil & Gas 4.0 Ecosystem: this section defines Oil & Gas 4.0 and the key components of the sector's digital transformation. Then, the report explores the technologies used in Oil & Gas 4.0 and their benefits, before mapping these technologies across the different steps of the Oil & Gas value chain.
  • Oil & Gas 4.0 - Use Cases: a detailed overview of different Oil & Gas 4.0 use cases for IOCs to consider across the value chain - e.g. condition monitoring and remote control. The report then deep dives into selected use cases - digital oilfields/digital twins, virtual reality in oil & gas, 4G/5G campus & private networks in oil & gas, and drones in oil & gas - analysing their targeted outcomes and underlying technologies; with positioning examples/considerations these provide for telecom operators/ICT providers.
  • Oil & Gas 4.0 - Case studies: this section provides eight case studies of International Oil & Gas companies' digital transformation initiatives and common Oil & Gas 4.0 projects with telcos, hyperscalers and other ICT providers. The case studies span Gazprom, BP, Petronas, Sinopec, ExxonMobil, Saudi Aramco, ADNOC, and Petrobas. The case studies analyze these companies' oil & gas 4.0 projects, technologies and the partners they choose - e.g. telcos, hyperscalers, other IOCs and ICT providers.
  • Key Findings and Recommendations: the report concludes with a number of key findings and a set of recommendations for Oil & Gas 4.0 stakeholders, including telecom service providers, focusing on how telcos can position themselves as Oil & Gas 4.0 enablers and technology providers.

Scope

  • The oil & gas sector is undergoing critical shifts - e.g. fluctuating energy demand, oil prices, and a pressing need to lead the energy transition.
  • Oil & Gas companies have turned to Oil & Gas 4.0 to stay ahead of these shift, seeking added operational efficiency, increased agility, streamlined processes and costs, smarter and safer operations, and a lower environmental impact.
  • Telcos can position as close partners to oil & Gas companies in their transformation towards Oil & Gas 4.0.
  • 5G and campus networks for the Oil & Gas sector will help unlock new use cases and applications. Telcos can act as connectivity enablers and further boost their offerings with edge computing and network slicing.
  • Prominent Oil & Gas 4.0 use cases include predictive maintenance and remote assets and operations management.
  • Telcos can co-create use cases with the industry verticals and with ecosystem partners - e.g. hyperscalers.
  • IoT constitutes the nerve system of Oil & Gas 4.0, where telcos can play an expanded role beyond simple connectivity.
  • Cybersecurity is a major consideration in Oil & Gas 4.0 setups.

Key Topics Covered:

Section 1: The Oil & Gas Ecosystem

  • Oil & Gas Value Chain
  • Oil & Gas Key Trends

Section 2: The Oil & Gas 4.0 Ecosystem

  • Oil & Gas 4.0 Industry 4.0 Defined
  • Oil & Gas 4.0 Definition
  • Oil & Gas 4.0 Digital Transformation in Oil & Gas
  • Oil & Gas 4.0 Technology Trends
  • Oil & Gas 4.0 Technology Trends Across Value Chain

Section 3: Oil & Gas 4.0 Use Cases

  • Oil & Gas 4.0 Use Cases Overview
  • Oil & Gas 4.0 Focus on Digital Oilfield/Digital Twins
  • Oil & Gas 4.0 Focus on Virtual Reality & 3D Simulations
  • Oil & Gas 4.0 Focus on 4G/5G Campus & Private Networks
  • Oil & Gas 4.0 Focus on Drones

Section 4: Oil & Gas 4.0 Case Studies

  • Gazprom Digital Transformation & Oil & Gas 4.0 Use Cases
  • Gazprom Neft and Telcos BP
  • Digital Transformation & Oil & Gas 4.0 Use Cases
  • BP and Telcos
  • Petronas Digital Transformation & Oil & Gas 4.0 Use Cases
  • Petronas and Telcos
  • Sinopec Digital Transformation & Oil & Gas 4.0 Use Cases
  • Sinopec and Telcos
  • ExxonMobil Digital Transformation & Oil & Gas 4.0 Use Cases
  • ExxonMobil and ICT Providers
  • Saudi Aramco Digital Transformation & Oil & Gas 4.0 Use Cases
  • Saudi Aramco and ICT Providers
  • ADNOC Digital Transformation & Oil & Gas 4.0 Use Cases
  • ADNOC and ICT Providers Petrobras
  • Digital Transformation & Oil & Gas 4.0 Use Cases
  • Petrobras' Digital Twins Project in Focus

Section 5: Key Findings and Recommendations

Companies Mentioned

  • ADNOC
  • AIQ
  • Al Saher International Electronic System
  • Aral
  • AT&T
  • Baker Hughes
  • Boston Dynamics
  • BP
  • Brazilian Service of Support for Micro and Small Enterprises
  • Castrol
  • Centrica Storage Limited
  • Chevron
  • China Mobile
  • China Telecom
  • China Unicom
  • Compulab
  • Dassault Systemes
  • Dell
  • Deutsche Telekom
  • Digi
  • Equinor
  • Ericsson
  • Esso
  • Etisalat
  • Exxon
  • ExxonMobil
  • ExxonMobil Chemical
  • Gazprom
  • Gazprom Neft
  • Google
  • Grid Edge
  • Group 42
  • GTAI
  • Halliburton
  • HP
  • Huawei
  • IBM
  • Intel
  • Magafon
  • Maxis
  • Microsoft
  • Mobil
  • Motorola Solutions
  • MTS
  • Occidental Petroleum
  • Optus
  • Petrobas
  • Petro-CyberWorks Information Technology CO
  • Petronas
  • Raytheon Saudi Arabia
  • Red Hat
  • Reliance
  • Saudi Aramco
  • Shell
  • Sinopec
  • Skyward
  • STC
  • Swisscom
  • Tampnet
  • Tata Consulting
  • Telekom Malaysia
  • Telenor
  • The Organization of the Petroleum Exporting Countries
  • Total
  • Verizon
  • VMware
  • Vodafone
  • Zain
  • Zyfra

For more information about this report visit https://www.researchandmarkets.com/r/m3d52e


Contacts

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
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SAN JOSE, Calif.--(BUSINESS WIRE)--$BE--Bloom Energy Corporation (NYSE:BE) today announced the appointment of Edward Vallejo as vice president, investor relations, effective September 27, 2021. In this role, Vallejo will focus on articulating the company’s values, interests, and positions to the investment community.


Vallejo brings over two decades of experience as a financial and operational executive, including extensive work in finance, as well as launching and developing an investor relations department. Before joining Bloom Energy, Vallejo served as vice president of investor relations and ESG reporting at American Water.

“On behalf of the entire leadership team, we welcome Ed to Bloom Energy,” said Greg Cameron, executive vice president and CFO, Bloom Energy. “Ed’s proven record and expertise as a financial executive working in investor relations and financial strategy will bolster Bloom Energy’s next phase of growth and investment. As the energy sector continues to transition, Bloom Energy has the opportunity to advance new technology and business models enhancing the health and livelihoods of the communities we serve. We look forward to having Ed communicate progress against our mission to Bloom Energy’s investors.”

Throughout his career, Vallejo has navigated progressive roles in financial strategy. In his most recent role, he oversaw the development and execution of a strategic best-in-class investor relations platform. Vallejo ensured that business strategy and progress was understood by the analyst and investor community and served as the company’s primary spokesperson and information conduit to investors.

“I am thrilled to be joining such a transformational company, at a critical time when clean energy is top of mind as we look to provide customers with options for energy resiliency,” said Vallejo. “I’m excited to be joining the team as they advance Bloom Energy’s mission to provide cost-effective and reliable energy for everyone around the world.”

Vallejo held a number of senior executive roles throughout his tenure at American Water, including vice president of financial planning and investor relations, vice president of financial strategy, planning and modeling, and vice president of investor relations. In the earlier stages of his career with the company, Vallejo held roles as IPO project manager, vice president of mergers and acquisitions, and treasurer. He also previously served as CFO at Thames Water Chile.

Vallejo holds a bachelor’s degree in economics from New York Institute of Technology and a Master of Business Administration in finance from the Stern School of Business at New York University and is a member of the Board of Trustees at La Salle Prep High School.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.


Contacts

Media Contact:
Jennifer Duffourg
408.543.1566
This email address is being protected from spambots. You need JavaScript enabled to view it.

Investor Relations:
Ed Vallejo
267.370.9717
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  • Lexington, Kentucky facility recognized as a Lighthouse in 2020, now one of only three worldwide recognized by the World Economic Forum as a Sustainability Lighthouse
  • Optimizing facility energy costs led to 26% energy reduction (GWh), 30% net CO2 reduction, and 20% water use reduction

BOSTON--(BUSINESS WIRE)--#LifeIsOn--Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that its Smart Factory in Lexington, Kentucky was recognized as a Sustainability Lighthouse – one of only three worldwide – by the World Economic Forum (WEF).


The WEF’s Sustainability Lighthouses recognize that by realizing the potential of Fourth Industrial Revolution (4IR) technologies in manufacturing, companies can unlock new levels of sustainability in their operations and explore a win-win solution: greater operational competitiveness while simultaneously making commitments to environmental stewardship, leading in a cleaner, more sustainable future as a result.

In order to capture greater energy consumption granularity, when and where it happens in the plant, the Lexington smart factory leveraged IoT connectivity with power meters and predictive analytics to optimize energy cost, and as a result this led to 26% energy reduction (GWh), 30% net CO2 reduction, and 20% water use reduction and certification by the U.S. Department of Energy as Platinum Superior Energy Performance 50001.

“We continue to place an emphasis on sustainability – both in the products we offer our customers and in the way our facilities operate to produce those products,” said Kenneth Engel, Senior Vice President, Global Supply Chain, North America, Schneider Electric. “Our Lexington Smart Factory is an example to manufacturing facilities around the country that sustainability needs to be part of their operational model and that smart, connected technologies can drive efficiency, profitability and sustainability together.”

In 2020, the Lexington Smart Factory earned the status of end-to-end Advanced Manufacturing Lighthouse for adopting 4IR technologies to transform factories, value chains and business models. Lexington has embraced Schneider Electric’s 4IR-based EcoStruxure technology to rebuild its end-to-end value chain. Using the latest digital tools like automated supply chain management, 5G supported flexible production, augmented reality, and digital twins to improve flexibility to improve flexibility, efficiency, time to market, and sustainability.

In collaboration with McKinsey & Company, WEF began the Global Lighthouse Network initiative in 2018 to recognize manufacturers leading growth of the 4IR. Lexington is among a list of 90 sites in the Global Lighthouse Network who create innovation in business models and increased customer value through 4IR technologies. These companies demonstrate how digital operations create productivity and efficiency gains to enable sustainable growth in the face of pervasive disruptions and challenges.

Smart Factory and Tailored Sustainable Connected 4.0 Supply Chain Programs

The Lexington factory is part of Schneider Electric’s global smart factory and distribution center initiative encompassing nearly 300 factories and logistics centers in more than 40 countries. This initiative – part of the company’s Tailored Sustainable Connected Supply Chain 4.0 program – aims to address the fundamental challenge of sustainability while increasing profitability and efficiency.

The global smart factory and distribution center initiative is part of Schneider Electric’s vision that electrification and digitization are inextricable tools in the fight against climate change. This vision has led to the company’s recent ranking as #4 in the 2021 Gartner Supply Chain Top 25, as well being named the world’s most sustainable corporation by Corporate Knights in 2021.

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

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