Black Friday & Cyber Monday 2022 experts are reviewing all the top generator deals for Cyber Monday, featuring sales on portable power stations, inverter, solar, portable & more generators
BOSTON--(BUSINESS WIRE)--Cyber Monday generator deals have arrived. Compare the best deals on Jackery, EcoFlow, Bluetti, OUPES, Geneverse and more. Check out the latest deals listed below.
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Best Solar Generator Deals:
Best Portable Generator Deals:
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Andy Mathews (This email address is being protected from spambots. You need JavaScript enabled to view it.)
DUBLIN--(BUSINESS WIRE)--The "Microinverters: Global Markets" report has been added to ResearchAndMarkets.com's offering.
The scope of the study includes microinverters phase type, connectivity, capacity, and end user.
The report provides an overview of the global microinverter market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period of 2022 through 2027. Market values have been estimated based on the total revenue of microinverter providers.
The publisher examined the way in which the microinverters market is changing and how it has evolved. This analysis includes a detailed survey of new organizations in the market as well as existing organizations. At the industry level, the publisher identifies, examines, describes, and provides global and regional market sizes for 2021 and forecasts demand from 2022 through 2027.
Microinverters have advantages compared to conventional inverters. Some of the advantages include better efficiency, individual monitoring, safe usage, cost-effectiveness, longer service life, rapid shutdown capability, greater electricity generation, and being suitable for varied conditions. These advantages are expected to fuel market demand for microinverters in the forecast period.
Solar energy is a clean source of electricity; solar power generation is growing tremendously in countries such as China, Germany, Spain, and the U.S., thus, the microinverters market is expected to see high demand in those countries during the forecast period. Further, governments of both developed and developing countries are determined to increase their alternative energy sources and this is expected to drive the market demand for microinverters in the forecast period.
In this report, the global market for microinverters is segmented based on phase type, connectivity, capacity, end user, and geography. Based on phase type, the microinverter market is categorized into single phase and three phase.
Based on connectivity, the microinverter market is segmented into standalone and on-grid. Based on capacity, the microinverter market is segmented into =250 W, 250-600 W, and >600 W. Based on end users, the microinverter market is segmented into residential, and commercial and industrial.
The North America region currently is the largest market by region for microinverters. The presence of leading global companies, robust technology infrastructure, favorable political and economic environment, and surge in demand for solar energy are some of the key factors driving the North American market. Asia-Pacific is currently the fastest growing market for microinverters globally.
Descriptive company profiles of the leading global players, including AEconversion GmbH & Co. Kg., Crystal Solar Energy, Enphase Energy Inc., Siemens AG and Solar Panels Plus LLC
The report also covers the market for microinverters with regard to the end-user base across different regions. It also highlights major trends and challenges that can affect the market and the vendor landscape. The report estimates the global market for microinverters in 2021 and provides projections for the expected market size through 2027.
Report Includes
Key Topics Covered:
Chapter 1 Introduction
1.1 Study Goals and Objectives
1.2 Scope of Report
1.3 Reasons for Doing the Study
1.4 Intended Audiences
1.5 Information Sources
1.6 Methodology
1.7 Geographic Breakdown
1.8 Analyst's Credentials
1.9 Custom Research
1.10 Related Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Microinverters: Market Overview
3.1 Advantages of Microinverters
3.2 Disadvantages of Microinverters
3.3 Life-Cycle Assessment of Microinverters
3.3.1 Life-Cycle Assessment
3.4 History of Microinverters
3.5 Value Chain Analysis
3.6 Market Dynamics
3.6.1 Market Drivers
3.6.2 Market Restraints
3.6.3 Market Opportunities
3.7 Market Regulations/Standards/Schemes
3.8 Porter's Five Forces Analysis of the Market for Microinverters
3.9 Patent Analysis
3.9.1 Recent Key Granted Patents
3.10 Impact of Covid-19 on the Solar Photovoltaic (Pv) Market
3.10.1 Impact of Covid-19 on the Market for Microinverters
Chapter 4 Market Breakdown by Phase
4.1 Introduction
4.2 Single Phase
4.3 Three Phase
Chapter 5 Market Breakdown by Connectivity
5.1 Introduction
5.2 Standalone
5.3 On-Grid
Chapter 6 Market Breakdown by Capacity
6.1 =250 W Capacity
6.2 250 W-600 W Capacity
6.3 >600 W Capacity
Chapter 7 Market Breakdown by End-user
7.1 Introduction
7.2 Residential
7.3 Commercial and Industrial
Chapter 8 Market Breakdown by Region
8.1 Total Global Value by Region
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 United Kingdom
8.3.2 Germany
8.3.3 Spain
8.3.4 Netherlands
8.3.5 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 South America
8.6 Rest of the World
Chapter 9 Competitive Landscape
9.1 Top Companies
9.2 Strategic Analysis
9.2.1 Product Launches and Developments
9.2.2 Acquisitions, Expansions, Mergers, and Investments
9.2.3 Collaborations and Partnerships
9.2.4 Key Product Launches and Developments
9.2.5 Key Collaborations and Partnerships
9.2.6 Key Acquisitions and Expansions
Chapter 10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/yde7h2
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
The best generator deals for Black Friday & Cyber Monday, including the top Honda, Generac, Champion & more deals
BOSTON--(BUSINESS WIRE)--Here’s a round-up of the best generator deals for Black Friday & Cyber Monday, featuring all the best deals on Westinghouse, DuroMax, Jackery and more. Links to the best deals are listed below.
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Best Solar Generator Deals:
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Andy Mathews (This email address is being protected from spambots. You need JavaScript enabled to view it.)
DUBLIN--(BUSINESS WIRE)--The "Innovations in Hydraulic Fracturing, Downhole Operations, Oil Spill Remediation & Produced Water Treatment" report has been added to ResearchAndMarkets.com's offering.
This edition of the Oil and Gas (O&G) TOE features information on the use of acoustic sensors based on sound cancelling algorithm offering real-time solutions in downhole wellbore operations. The TOE also covers innovations based on stimulation techniques which is a combination of acidization and targeted fracturing having reduced environmental impact while improving the efficiency of well stimulation.
The other focal point of the TOE is the use of downhole monitoring devices for real-time data acquisition to improve productivity and safety during hydrocarbon production. The TOE additionally provides insights on the use of electrically powered hydraulic fracturing with low maintenance expenditure and carbon footprint enabling precise operations in the oil and gas industry. The TOE also provides latest innovations in the use of organic oil adsorbents for cost effective oil spill remediation, and the use of hybrid produced water treatment technologies to ensure regulatory compliance in upstream oil and gas industries.
The Oil and Gas TOE provides intelligence on innovations pertaining to technologies, products, and processes, along with strategic insights, in the upstream and downstream processes in the oil and gas industry.
The Energy and Utilities cluster provides global insights and intelligence on a wide variety of disruptive emerging technologies and platforms ranging from energy storage, advanced batteries, solar and wind energy, to unconventional oil, bioenergy, geothermal energy, and energy transmission.
Key Topics Covered:
1. Innovations in Hydraulic Fracturing, Downhole Operations, & Produced Water Treatment
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/p63g0s
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
DUBLIN--(BUSINESS WIRE)--The "Global IoT in Energy & Utility Application Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The global IoT in the energy & utility application market is anticipated to progress with a CAGR of 12.78% during the forecast period 2022-2028.
Companies Mentioned
Factors such as emphasis on a greener environment, rising consumption and demand for energy generation, increasing focus on energy consumption pattern analysis, and decline in costs of IoT components drive the studied market on a growth path. Besides this, the rising adoption of cloud technology has opened new avenues for the IoT in the energy & utility application market.
However, security issues, the need for high capital investment, IoT integration with subsystems, and the lack of a skilled workforce negatively impact the market's growth.
Regional Outlook
The global IoT in energy & utility application market covers Latin America, Europe, North America, Asia-Pacific, and the Middle East and Africa regions.
The Asia-Pacific is anticipated to emerge as the fastest-growing region over the forecast period. The union of technologies like cloud, analytics, mobility, and big data are major factors driving IoT adoption in the region. As per estimates, companies, developers, and decision-makers widely opt for IoT for various purposes. This is because they consider IoT an integral part of business operations.
Furthermore, the pandemic became a major driving force in encouraging companies to invest heavily in IoT to facilitate remote working. Along with this, the availability of low-cost hardware and software fuels IoT adoption. Therefore, these factors are expected to boost the growth of the IoT in the energy & utility application market over the forecast period.
Key Topics Covered:
1. Global IoT in Energy & Utility Application Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on IoT in the Energy & Utility Application Market
2.2. Key Insights
2.2.1. Increasing Economic Value of Iot
2.2.2. Increase in Microgrids Control System Use
2.2.3. Significant Investments in Research & Development Activities
2.3. Porter's Five Forces Analysis
2.4. Key Impact Analysis
2.4.1. Mode of Deployment
2.4.2. Price
2.4.3. Application
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Industry Components
2.8. Key Market Strategies
2.8.1. Acquisitions
2.8.2. Product Launches
2.8.3. Partnerships
2.9. Market Drivers
2.9.1. Emphasis on a Greener Environment Surging Energy and Utility Analytics Demand
2.9.2. Increasing Consumption and Demand for Energy Generation
2.9.3. Growing Consumer Focus on Energy Consumption Pattern Analysis
2.9.4. Decline in Prices of IoT Components and Availability of Next-Generation Sensors
2.9.5. Improvement in the Oil & Gas Industry Operations
2.9.6. Demand for Automation Tools in Energy Management
2.10. Market Challenges
2.10.1. Security Concerns
2.10.2. Need for High Capital Investment for Deployment
2.10.3. Lack of Skilled Employees
2.10.4. IoT Integration With Subsystems
2.11. Market Opportunities
2.11.1. Need for Real-Time Monitoring Systems in the Mining and Petroleum Industries
2.11.2. Rising Adoption of Cloud Technology in Utility & Energy Analytics
2.11.3. Increasing Share of Renewable Energy Sector in Electricity Generation
3. Global IoT in Energy & Utility Application Market Outlook - by Connectivity
4. Global IoT in Energy & Utility Application Market Outlook - by Component
5. Global IoT in Energy & Utility Application Market Outlook - by End-User
6. Global IoT in Energy & Utility Application Market - Regional Outlook
7. Competitive Landscape
8. Research Methodology & Scope
For more information about this report visit https://www.researchandmarkets.com/r/9f1d1a
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
Working through their Corporate Division, Neyaskweyahk Group of Companies, Ermineskin Cree Nation is exploring investment in Varme-run waste-to-energy projects throughout Alberta, including major new facilities
EDMONTON, Alberta--(BUSINESS WIRE)--Neyaskweyahk Group of Companies and Edmonton-based Varme Energy have announced a Joint Working Agreement to collaborate to fund and construct the first waste-to-energy facility in Alberta.
Ermineskin Cree Nation, located just south of Wetaskiwin, is eager to explore the opportunity to invest in leading-edge facilities that will create jobs, reduce emissions, generate energy, and shrink landfills, using technology that has had decades of success in Europe.
“Our nation is focused on building a strong and vibrant economy that will support our families for generations to come. We’re looking forward to working in partnership with Varme Energy to identify investment opportunities that support bringing waste-to-energy technology to Canada at scale.” – Maureen Ward, CEO, Neyaskweyahk Group of Companies.
Varme Energy is the Canadian subsidiary of Green Transition Holdings, a Norway-based company with extensive experience developing waste-to-energy facilities in Europe. Varme Energy is bringing that wealth of experience to Canada to develop leading edge waste-to-energy facilities with carbon capture and storage that can generate energy and feed district energy systems while eliminating methane emissions from landfills.
“This technology has been tested and proven in Europe for decades – it’s time for Canada to catch up if we hope to meet our national emissions targets. Ermineskin Cree Nation is a fantastic partner for our company, and we look forward to developing our partnership and vision as we move forward together.” – Sean Collins, CEO Varme Energy.
This Joint Working Agreement is an exciting step forward for these collaborative partners to create economic opportunity and reduce emissions from waste and eliminate the need for landfills.
For more information:
For more information from Neyaskweyahk Group of Companies, please contact Maureen Ward at This email address is being protected from spambots. You need JavaScript enabled to view it..
If you would like more information about Varme Energy and waste-to-energy, please contact Varme CEO Sean Collins at This email address is being protected from spambots. You need JavaScript enabled to view it..
Up to 6kW, 79kWh: Secure your home with BLUETTI backup power this winter
SHENZHEN, China--(BUSINESS WIRE)--#BLUETTI--Electricity demand is predicted to grow rapidly as winter is coming soon. Under the rules introduced by Swiss government ordinance, buildings with gas heating systems can only warm rooms up to 19°C. However, it’s not just Switzerland bearing the brunt of the energy crisis. Europe’s largest economy recently announced a winter gas surcharge would come into effect in October. Many countries are gradually taking drastic measures to respond to the surging energy demand.
In this case, why not consider powering via a smarter, greener, and more affordable way? The upcoming launch of BLUETTI EP600 is undeniable a big moment for building a whole-house backup power system. It’s a long-anticipated model to help citizens realize power independence with ease and be well-prepared for the unexpected without any fuss.
EP600 is a modular ESS (Energy Storage System) that provides a one-stop solution for every family to alleviate energy shortages. It is packed with a 6.000VA bi-directional inverter for AC input and output, delivering 230/400V AC power to run almost any household appliance.
B500 expansion battery features 4.960Wh LFP battery cells for a 10 years lifespan. Every EP600 supports up to 16*B500 for a 79,3kWh capacity, sufficient to cover all power needs at home even in the coldest winter!
How to cushion soaring energy bills through EP600 ESS?
At sunrise, EP600 captures and converts the sunlight into ready-to-use solar energy. It’s recommended to use solar and the grid when energy price is low. Meanwhile, the excess can be stored for later use or even sold to power companies to earn commissions. Utility power costs a pretty penny in the afternoon when there’s most sunlight in the daytime. By connecting with solar panels, EP600 accepts up to 6.000W solar input, so fully charging an EP600+2*B500 combo only takes about 2,2 hours!
During peak hours (generally from 4PM to 9PM), EP600 can take the place of the grid and become the only power source of all appliances, making it an effective approach to avoiding higher electricity bills in the long run.
BLUETTI officially released EP600 & B500 on November 10, 4:00 PM (Berlin time) in specific countries, including Germany, Italy, French, Spain, Netherland.
The early bird price of the EP600 & 2*B500 combo is $8.999 till December 31, and It is expected to ship by the end of November after pre-ordering.
About BLUETTI
With over 10 years of industry experience, BLUETTI has tried to stay true to a sustainable future through green energy storage solutions for both indoor and outdoor use while delivering an exceptional eco-friendly experience for everyone and the world. BLUETTI is making its presence in 70+ countries and is trusted by millions of customers across the globe. For more information, please visit BLUETTI online at https://www.bluettipower.eu/.
Jacinda , email: This email address is being protected from spambots. You need JavaScript enabled to view it. , 13040857737
Completion of Current Thermal Energy Storage Projects Positions Brenmiller for Additional Orders in 2023
ROSH HAAYIN, Israel--(BUSINESS WIRE)--$BNRG #cleanenergy--Brenmiller Energy Ltd. (“Brenmiller”, “Brenmiller Energy” or the “Company”) (TASE: BNRG, Nasdaq: BNRG), a clean-energy company that provides Thermal Energy Storage (“TES”) systems to the global industrial and utility markets, today announced financial results as of and for the nine and three months ended September 30, 2022, in addition to operational updates.
Company Highlights
Management Commentary
“Throughout 2022 Brenmiller has shown great progress towards its efforts to become one of the global leaders in thermal energy storage solutions for industrial and utility markets,” said Avi Brenmiller, Chairman and Chief Executive Officer of Brenmiller Energy. “We have completed installations and begun operations at multiple pilot projects around the world, establishing the Company as a formidable global player. I’m particularly excited about the inauguration of our first utility- scale project in Italy earlier this month, which marks the realization of several years of hard work and dedication by the entire Brenmiller team and our partners from the Enel Group and Enel Green Power. The project is a major milestone in our company’s history; we believe it will help showcase the benefits our technology has on reducing emissions and improving operating costs at a large-scale facility and give other global power producers the confidence they need to invest in our technology.”
“Looking forward, we continue to see strong demand for our thermal energy storage solution. Our bid pipeline is large and continuously growing, with Europe representing our best near-term opportunity for deployments as industrial organizations and utilities look to invest in sustainable solutions as a direct reaction to high energy prices and an increased need for energy security,” continued Brenmiller. “While we believe the demand outlook remains robust, we are being prudent with our cost structure in the near-term and are taking steps to ensure we remain in a healthy financial position as Brenmiller Energy continues to grow.”
New Project Awards
To date in 2022, Brenmiller has received commercial orders of USD $9 million, and as previously announced, is negotiating a energy-as-a-service] contract in Israel for approximately USD $5 million, driven by growing demand for thermal energy storage systems from industrial customers. The Company is marketing its bGen TES system globally, through direct equipment sales and through an energy-as-a-service (“EaaS”) model. Brenmiller has developed a large pipeline of opportunities for which it expects to pursue commercial agreements in 2023 and beyond. In the near-to-intermediate term, the majority of Brenmiller’s bid opportunities are in Europe, where high energy prices and concerns over energy security are driving incremental demand for non-traditional energy sources.
In September 2022, Brenmiller signed a Memorandum of Understanding (“MoU”) with Green Enesys Deutschland GmbH ("Green Enesys") and Viridi Energias Renovables Espana, S.L. ("Viridi RE"), two European based developers of green energy projects, to perform engineering studies for incorporating bGen TES for Green Enesys’ and Viridi REs’ proposed green hydrogen production facilities throughout Spain. Green Enesys and Viridi RE are currently developing three green hydrogen projects in Spain, with the goal of decarbonizing the European Union’s industrial, power generation and transportation sectors. The projects will have a combined capacity to produce over 100,000 tonnes of green methanol annually.
Project Updates and Summary of Current Operations
Brenmiller has made material progress installing various pilot projects in diverse regions worldwide in an effort to demonstrate the use of its technologies for both industrial and utility-scale applications. The Company expects investments made into these pilot projects will accelerate commercialization of its proprietary TES technology. The pilot projects have progressed as planned and are continuing to reach major milestones.
Dimona Israel Production Facility
On March 31, 2021, Brenmiller signed a €7.5 million credit facility with the EIB for the creation of an advanced production facility in Dimona, Israel. The Company made its first draw down on the first of two tranches of the credit facility for €4.0 million on July 28, 2022.
The production facility is currently under construction and will have the capacity to produce up to 4,000 MWh per year of bGen thermal storage modules. To date, the Company has ordered equipment totaling USD $2.0 million in connection with the expansion at this facility. The equipment has been delivered and the facility is expected to reach full production capacity by the end of 2023. This facility will be critical to Brenmiller’s ability to meet growing customer demand.
Research and Development
Research, development, and engineering expenses, net of government grants, were USD $3.47 million in the nine months ended September 30, 2022, compared to USD $2.71 million in the nine months ended September 30, 2021. The increase is primarily attributable to higher payroll costs as the Company has made additional hires to enhance its research and development team to support future growth.
Research, development, and engineering expenses, net breakdown:
Nine months ended September 30 |
||||
2022 |
2021 |
|||
USD in thousands (unaudited) |
||||
Total research, development, and engineering expenses |
3,743 |
|
3,620 |
|
Less – grants |
(277 |
) |
(908 |
) |
| Research, development and engineering expenses, net | 3,466 |
|
2,712 |
|
Balance Sheet Update
As of September 30, 2022, Brenmiller had cash and equivalents of USD $9.5 million. On July 28, 2022, Brenmiller made the first draw of €4.0 million from its €7.5 million credit facility with the EIB.
About Brenmiller Energy
Brenmiller Energy delivers scalable thermal energy storage solutions and services that allow customers to cost-effectively decarbonize their operations. Its patented bGen thermal storage technology enables the use of renewable energy resources, as well as waste heat, to heat crushed rocks to very high temperatures. They can then store this heat for minutes, hours, or even days before using it for industrial and power generation processes. With bGen, organizations have a way to use electricity, biomass and waste heat to generate the steam, hot water and hot air they need for a variety of applications, including, for example, to mold plastic, process food and beverages, produce paper, manufacture chemicals and pharmaceuticals or drive steam turbines without burning fossil fuels. For more information visit the company’s website at https://bren-energy.com/ and follow the company on Twitter and LinkedIn.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements in this press release when it discusses: its expected timeline for installing and completing its pilot projects and reaching other milestones; future pipeline projects and opportunities for which the Company expects to pursue commercial agreements; its plans to enter into a contract in Israel to supply energy as a service; steps the Company is taking to remain in a healthy financial position as the Company continues to grow; its belief regarding long-term demand for TES as companies invest to decarbonize their assets and improve overall energy efficiency; and the role that the Company’s Dimona production facility will play to support current and potential future projects. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company's results include, but are not limited to, the Company’s planned level of revenues, capital expenditures and research, development and engineering expenses, the demand for and market acceptance of our products, impact of competitive products and prices, product development, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks and the risks associated with the adequacy of existing cash resources. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's prospectus dated May 24, 2022 filed with the U.S. Securities and Exchange Commission (“SEC”), which is available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION |
|
|
|
|
|||||||
(Unaudited) |
|
|
|
|
|||||||
|
|
|
|
|
|
|
|
||||
|
September 30, |
|
December 31, |
|
|
|
|
||||
|
2022 |
|
2021 |
|
|
|
|
||||
ASSETS |
USD in thousands |
|
|
|
|
||||||
CURRENT ASSETS: |
|
|
|
|
|
|
|
||||
Cash and cash equivalents |
9,463 |
|
|
8,280 |
|
|
|
|
|
||
Restricted deposits |
33 |
|
|
47 |
|
|
|
|
|
||
Trade receivables |
721 |
|
|
162 |
|
|
|
|
|
||
Other receivables |
1,081 |
|
|
553 |
|
|
|
|
|
||
Inventory |
715 |
|
|
95 |
|
|
|
|
|
||
Assets held for sale (Rotem1) |
596 |
|
|
- |
|
|
|
|
|
||
TOTAL CURRENT ASSETS |
12,609 |
|
|
9,137 |
|
|
|
|
|
||
NON-CURRENT ASSETS: |
|
|
|
|
|
|
|
||||
Restricted deposits |
157 |
|
|
179 |
|
|
|
|
|
||
Investment in joint venture |
3 |
|
|
- |
|
|
|
|
|
||
Right-of-use assets, net |
1,434 |
|
|
3,018 |
|
|
|
|
|
||
Property, plant and equipment: |
|
|
|
|
|
|
|
||||
Plant and equipment, net |
1,582 |
|
|
1,583 |
|
|
|
|
|
||
Rotem 1 project |
- |
|
|
679 |
|
|
|
|
|
||
Total property, plant and equipment |
1,582 |
|
|
2,262 |
|
|
|
|
|
||
TOTAL NON-CURRENT ASSETS |
3,176 |
|
|
5,459 |
|
|
|
|
|
||
TOTAL ASSETS |
15,785 |
|
|
14,596 |
|
|
|
|
|
||
LIABILITIES AND EQUITY |
|
|
|
|
|
|
|
||||
CURRENT LIABILITIES: |
|
|
|
|
|
|
|
||||
Short-term bank credit and loans |
- |
|
|
5 |
|
|
|
|
|
||
Trade payables |
64 |
|
|
264 |
|
|
|
|
|
||
Deferred revenues |
403 |
|
|
1,095 |
|
|
|
|
|
||
Other payables |
1,052 |
|
|
1,582 |
|
|
|
|
|
||
Provisions |
127 |
|
|
215 |
|
|
|
|
|
||
Current maturities of liability for royalties |
325 |
|
|
41 |
|
|
|
|
|
||
Current maturities of lease liabilities |
556 |
|
|
954 |
|
|
|
|
|
||
TOTAL CURRENT LIABILITIES |
2,527 |
|
|
4,156 |
|
|
|
|
|
||
NON-CURRENT LIABILITIES |
|
|
|
|
|
|
|
||||
Loan from European Investment Bank ("EIB") |
3,645 |
|
|
- |
|
|
|
|
|
||
Lease liabilities |
980 |
|
|
2,448 |
|
|
|
|
|
||
Liability for share options |
7 |
|
|
213 |
|
|
|
|
|
||
Liability for royalties |
2,095 |
|
|
2,236 |
|
|
|
|
|
||
TOTAL NON-CURRENT LIABILITIES |
6,727 |
|
|
4,897 |
|
|
|
|
|
||
TOTAL LIABILITIES |
9,254 |
|
|
9,053 |
|
|
|
|
|
||
EQUITY : |
|
|
|
|
|
|
|
||||
Share capital |
88 |
|
|
79 |
|
|
|
|
|
||
Share premium |
52,157 |
|
|
45,648 |
|
|
|
|
|
||
Receipts on account of warrants |
1,832 |
|
|
1,176 |
|
|
|
|
|
||
Capital reserve from transactions with controlling shareholders |
54,061 |
|
|
54,061 |
|
|
|
|
|
||
Capital reserve on share based payments |
2,492 |
|
|
1,318 |
|
|
|
|
|
||
Foreign currency cumulative translation reserve |
(1,691 |
) |
|
(1,053 |
) |
|
|
|
|
||
Accumulated deficit |
(102,408 |
) |
|
(95,686 |
) |
|
|
|
|
||
TOTAL EQUITY |
6,531 |
|
|
5,543 |
|
|
|
|
|
||
TOTAL LIABILITIES AND EQUITY |
15,785 |
|
|
14,596 |
|
|
|
|
|
||
|
` |
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
||||
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS |
|||||||||||
(Unaudited) |
|||||||||||
|
|
|
|
|
|
|
|
||||
|
Nine months ended |
|
Three months ended |
||||||||
|
September 30, |
|
September 30, |
||||||||
|
2022 |
|
2021 |
|
2022 |
|
2021 |
||||
|
USD in thousands (except per share data) |
||||||||||
|
|
|
|
|
|
|
|
||||
REVENUES |
1,520 |
|
|
330 |
|
|
- |
|
|
45 |
|
COSTS AND EXPENSES: |
|
|
|
|
|
|
|
||||
COST OF REVENUES |
(1,239 |
) |
|
(3,388 |
) |
|
(356 |
) |
|
(799 |
) |
RESEARCH, DEVELOPMENT AND ENGINEERING EXPENSES, NET |
(3,466 |
) |
|
(2,712 |
) |
|
(999 |
) |
|
(814 |
) |
MARKETING AND PROJECT PROMOTION EXPENSES, NET |
(903 |
) |
|
(522 |
) |
|
(291 |
) |
|
(167 |
) |
GENERAL AND ADMINISTRATIVE EXPENSES |
(3,285 |
) |
|
(1,570 |
) |
|
(957 |
) |
|
(583 |
) |
SHARE IN LOSS OF JOINT VENTURE |
(29 |
) |
|
- |
|
|
- |
|
|
- |
|
OTHER INCOME (EXPENSES), NET |
50 |
|
|
(293 |
) |
|
12 |
|
|
- |
|
OPERATING LOSS |
(7,352 |
) |
|
(8,155 |
) |
|
(2,591 |
) |
|
(2,318 |
) |
FINANCIAL INCOME |
953 |
|
|
1,027 |
|
|
- |
|
|
239 |
|
FINANCIAL EXPENSES |
(323 |
) |
|
(312 |
) |
|
(180 |
) |
|
(177 |
) |
FINANCIAL INCOME (EXPENSES), NET |
630 |
|
|
715 |
|
|
(180 |
) |
|
62 |
|
LOSS FOR THE PERIOD |
(6,722 |
) |
|
(7,440 |
) |
|
(2,771 |
) |
|
(2,256 |
) |
OTHER COMPREHENSIVE LOSS – ITEM THAT WILL NOT BE RECLASSIFIED TO PROFIT OR LOSS – EXCHANGE DIFFERENCES ON TRANSLATION TO PRESENTATION CURRENCY |
(638 |
) |
|
(7 |
) |
|
(16 |
) |
|
28 |
|
COMPREHENSIVE LOSS FOR THE PERIOD |
(7,360 |
) |
|
(7,447 |
) |
|
(2,787 |
) |
|
(2,228 |
) |
|
|
|
|
|
|
|
|
||||
LOSS PER ORDINARY SHARE (in Dollars) - |
|
|
|
|
|
|
|
||||
Basic and fully diluted loss |
(0.46 |
) |
|
*(0.62) |
|
(0.18 |
) |
|
*(0.18) |
||
|
|
|
|
|
|
|
|
||||
*Retroactively adjusted to give effect to a two-for-one reverse stock split of the Ordinary Shares which became effective on February 20, 2022. |
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
||||
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS |
|||||||||||
(Unaudited) |
|||||||||||
|
|
|
|
|
|
|
|
||||
|
Nine months ended |
|
Three months ended |
||||||||
|
September 30, |
|
September 30, |
||||||||
|
2022 |
|
2021 |
|
2022 |
|
2021 |
||||
|
USD in thousands |
||||||||||
|
|
|
|
|
|
|
|
||||
CASH FLOWS - OPERATING ACTIVITIES: |
|
|
|
|
|
|
|
||||
Net cash used for operating activities (see Appendix A) |
(8,181 |
) |
|
(5,776 |
) |
|
(3,199 |
) |
|
(1,927 |
) |
|
|
|
|
|
|
|
|
||||
CASH FLOWS - INVESTING ACTIVITIES: |
|
|
|
|
|
|
|
||||
Purchase of equipment |
(38 |
) |
|
(42 |
) |
|
(8 |
) |
|
(16 |
) |
Installation of production line |
(346 |
) |
|
(165 |
) |
|
(238 |
) |
|
(69 |
) |
Investment in Joint venture |
(33 |
) |
|
- |
|
|
41 |
|
|
- |
|
Restricted deposits, net |
9 |
|
|
3 |
|
|
9 |
|
|
- |
|
Net cash used for investing activities |
(408 |
) |
|
(204 |
) |
|
(196 |
) |
|
(85 |
) |
|
|
|
|
|
|
|
|
||||
CASH FLOWS - FINANCING ACTIVITIES: |
|
|
|
|
|
|
|
||||
Proceeds from issuance of shares and warrants, net |
7,174 |
|
|
8,473 |
|
|
- |
|
|
- |
|
Exercise of options and warrants |
- |
|
|
20 |
|
|
- |
|
|
- |
|
Loan received from European Investment Bank – first tranche |
3,726 |
|
|
- |
|
|
3,726 |
|
|
- |
|
Repayment of bank loan and interest thereon |
(5 |
) |
|
(12 |
) |
|
- |
|
|
(4 |
) |
Payments with respect to lease liabilities and interest thereon |
(430 |
) |
|
(400 |
) |
|
(146 |
) |
|
(17 |
) |
Repayment of royalties' liability |
(85 |
) |
|
- |
|
|
(61 |
) |
|
- |
|
Amounts recognized as liability for royalties |
359 |
|
|
40 |
|
|
331 |
|
|
- |
|
Repayment of shareholder's loan |
- |
|
|
(949 |
) |
|
- |
|
|
- |
|
Net cash provided by (used for) financing activities |
10,739 |
|
|
7,172 |
|
|
3,850 |
|
|
(21 |
) |
|
|
|
|
|
|
|
|
||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
2,150 |
|
|
1,192 |
|
|
455 |
|
|
(2,033 |
) |
EXCHANGE DIFFERENCES ON CASH AND CASH EQUIVALENTS |
(967 |
) |
|
(25 |
) |
|
(136 |
) |
|
42 |
|
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
8,280 |
|
|
2,278 |
|
|
9,144 |
|
|
5,436 |
|
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD |
9,463 |
|
|
3,445 |
|
|
9,463 |
|
|
3,445 |
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
||||
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - NET CASH USED FOR OPERATING ACTIVITIES |
|||||||||||
|
|
|
|
|
|
|
|
||||
|
Nine months ended |
|
Three months ended |
||||||||
|
September 30, |
|
September 30, |
||||||||
|
2022 |
|
2021 |
|
2022 |
|
2021 |
||||
|
USD in thousands |
||||||||||
APPENDIX |
|
|
|
|
|
|
|
||||
A. NET CASH USED FOR OPERATING ACTIVITIES |
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
||||
Loss for the period |
(6,722 |
) |
|
(7,440 |
) |
|
(2,771 |
) |
|
(2,256 |
) |
|
|
|
|
|
|
|
|
||||
Adjustments for: |
|
|
|
|
|
|
|
||||
Depreciation |
183 |
|
|
193 |
|
|
62 |
|
|
70 |
|
Amortization of right-of-use assets |
400 |
|
|
309 |
|
|
127 |
|
|
128 |
|
Impairment loss of inventory |
2 |
|
|
109 |
|
|
2 |
|
|
109 |
|
Loss from realization of equipment, metals and parts |
- |
|
|
311 |
|
|
- |
|
|
- |
|
Increase (Decrease) in research and development expenses due to royalty obligation |
176 |
|
|
65 |
|
|
90 |
|
|
105 |
|
Provision |
(62 |
) |
|
304 |
|
|
(86 |
) |
|
(369 |
) |
Share in loss of joint venture |
29 |
|
|
- |
|
|
- |
|
|
- |
|
Other income |
(80 |
) |
|
- |
|
|
- |
|
|
- |
|
Fair value adjustment of share options' liability |
(192 |
) |
|
(1,023 |
) |
|
(14 |
) |
|
(278 |
) |
Other financial expenses |
104 |
|
|
181 |
|
|
58 |
|
|
109 |
|
Share-based payment |
1,174 |
|
|
196 |
|
|
446 |
|
|
72 |
|
|
(4,988 |
) |
|
(6,795 |
) |
|
(2,086 |
) |
|
(2,310 |
) |
Changes in operating working capital: |
|
|
|
|
|
|
|
||||
Decrease (increase) in trade and other receivables |
(1,222 |
) |
|
(8 |
) |
|
(513 |
) |
|
238 |
|
Decrease (increase) in inventory |
(633 |
) |
|
507 |
|
|
(390 |
) |
|
(109 |
) |
Increase (decrease) in deferred revenues and trade and other payables |
(1,338 |
) |
|
520 |
|
|
(210 |
) |
|
254 |
|
Net cash used for operating activities |
(8,181 |
) |
|
(5,776 |
) |
|
(3,199 |
) |
|
(1,927 |
) |
|
|
|
|
|
|
|
|
||||
B. NON-CASH INVESTMENT AND FINANCING ACTIVITIES: |
|
|
|
|
|
|
|
||||
Recognition of Lease liability and right-of-use asset |
449 |
|
|
566 |
|
|
- |
|
|
420 |
|
Derecognition of lease liability |
1,512 |
|
|
- |
|
|
- |
|
|
- |
|
Derecognition of right of use asset |
1,432 |
|
|
- |
|
|
- |
|
|
- |
|
Borrowing Costs capitalized |
4 |
|
|
- |
|
|
4 |
|
|
- |
|
C. INTEREST PAYMENTS (included in financing activities items) |
52 |
|
|
23 |
|
|
19 |
|
|
7 |
|
Media for Brenmiller
Tori Bentkover
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Investor Relations for Brenmiller
Chase Jacobson
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DUBLIN--(BUSINESS WIRE)--The "Global Solar PV Cells and Modules Market Size, Trends & Growth Opportunity, By Technology, By Product, By Connectivity, By End use, and Forecast till 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Solar PV Cells and Modules Market has been evaluated for the forecast period using Porter's Five Force Model for the review period of 2020 to 2027.
Companies Mentioned
The study on the Global Solar PV Cells and Modules market analyses the market qualitatively and quantitatively. For the years 2021 to 2027, the solar PV cells and modules study examines the key geographies such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Furthermore, a thorough SWOT analysis was carried out to gain a thorough understanding of the key factors driving the Global Solar PV Cells and Modules Market. With a full SWOT analysis and key tactics of their competitors, this study would enable top management better grasp competition and plan their business position.
The study examines Global Solar PV Cells and Modules Market drivers and restraints, as well as their impact on demand, throughout the forecast period. Furthermore, the study examines the market's global opportunities. This report offers in-depth research with in-depth data and current analysis of the Solar PV Cells and Modules Market at the global, regional, and key country levels, covering several industry sub-segments.
Market Taxonomy
By Technology
By Product
By Connectivity
By End-use
By Region
For more information about this report visit https://www.researchandmarkets.com/r/7cpftu
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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PARIS--(BUSINESS WIRE)--Regulatory News:
Technip Energies N.V. (Paris:TE) (ISIN:NL0014559478) announces that the liquidity agreement entered into with Kepler Cheuvreux dated July 9, 2021 (the "Liquidity Agreement"), has been suspended as of November 22, 2022, pending renewal of the resolution of the general meeting of shareholders authorizing share buybacks.
The number of shares and amount allocated as of November 22, 2022, close of trading, to the Liquidity Contract was 8,900 shares and €9,780,454.34. As a reminder, the securities and amounts that were allocated to the Liquidity Agreement as of June 30, 2022, were 207,823 shares and €6,832,747.61.
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The Company benefits from its robust project delivery model supported by an extensive technology, products and services offering.
Operating in 34 countries, our 15,000 people are fully committed to bringing our clients’ innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow.
Technip Energies shares are listed on Euronext Paris. In addition, Technip Energies has a Level 1 sponsored American Depositary Receipts (“ADR”) program, with its ADRs trading over-the-counter. For further information: www.technipenergies.com.
Investor Relations
Phillip Lindsay
Vice President, Investor Relations
Tel: +44 20 7585 5051
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Media Relations
Stella Fumey
Director Press Relations & Digital Communications Tel: +33 1 85 67 40 95
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DUBLIN--(BUSINESS WIRE)--The "Plastic Pipes Markets in China" report has been added to ResearchAndMarkets.com's offering.
China's demand for Plastic Pipes has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels and major industry participants. Historical data (2011, 2016 and 2021) and long-term forecasts through 2026 and 2031 are presented. Major producers in China are profiled.
The primary and secondary research is done in China in order to access up-to-date government regulations, market information and industry data. Data were collected from the Chinese government publications, Chinese language newspapers and magazines, industry associations, local governments' industry bureaus, industry publications, and the publisher's in-house databases. Interviews are conducted with Chinese industry experts, university professors, and producers in China. Economic models and quantitative methods are applied in this report to project market demand and industry trends. Metric system is used and values are presented in either Yuan (RMB, current price) and/or US dollars.
This market research report provides hard-to-find market data and analyses. Today, China has the largest market in the world. Tremendous fast-growing markets for imports and business opportunities for companies around the world. If you want to expand your business or sell your products in China, this research report provides the insights and projections into Chinese markets necessary for you to do so.
Key Topics Covered:
I. INTRODUCTION
II. BUSINESS ENVIRONMENT
III. PLASTIC PIPES INDUSTRY ASSESSMENTS
IV. PLASTIC PIPES PRODUCTION AND DEMAND
V. PLASTIC PIPES CONSUMPTION BY MARKET
VI. MARKETING STRATEGIES
VII. PLASTIC PIPES PRODUCER DIRECTORY
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/si4wch
ResearchAndMarkets.com
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PARIS--(BUSINESS WIRE)--Regulatory News:
Eutelsat Communications (Euronext Paris: ETL) has announced that the EUTELSAT 10B satellite was successfully launched into Geostationary Transfer Orbit by American space launch provider SpaceX using a Falcon 9 expendable rocket that lifted off from Cape Canaveral, Florida, USA at 21.57 pm Eastern time on November 22nd (corresponding to 2.57 am UTC and 3.57 am CET on November 23rd). The separation of the all-electric satellite occurred after a 37-minute flight and the spacecraft systems checkout was then successfully completed over a period of approximately 3 hours.
Built by Thales Alenia Space, EUTELSAT 10B is an all-electric satellite based on the Spacebus NEO platform. The satellite embarks a powerful 5th generation digital transparent processor, offering capacity allocation flexibility and an optimal spectrum use.
Responding to strong growth in demand for mobile connectivity, EUTELSAT 10B is carrying two multi-beam HTS Ku-band payloads: a high-capacity payload, covering the North Atlantic corridor, Europe, the Mediterranean basin and the Middle East, offering significant throughput in the busiest air and sea traffic zones, and a second payload to extend coverage across the Atlantic Ocean, Africa and the Indian Ocean. The satellite’s HTS payloads will be able to process more than 50 GHz of bandwidth, offering a throughput of approximately 35 Gbps.
Firm multi-year capacity commitments have already been secured with several leading in-flight connectivity service providers, representing more than one third of the incremental HTS capacity. These partners will rely on EUTELSAT 10B to provide airlines with in-flight connectivity services.
The 10° East location that EUTELSAT 10B will occupy has been operated by Eutelsat since 1987 and provides unrivalled coverage in the heart of the European, Middle Eastern and African regions. The EUTELSAT 10B satellite specifically carries two widebeam payloads in C-band and in Ku-band to ensure continuity of the missions of the EUTELSAT 10A satellite, whose operational life is scheduled to end in 2023.
Eva Berneke, Eutelsat Chief Executive Officer, said: "Congratulations to all the teams, from Thales Alenia Space to SpaceX, and the dedicated Eutelsat launch campaign team, involved in this successful launch. EUTELSAT 10B satellite boosts our global connectivity services with High Throughput capacity, meeting increasing in-flight and maritime demand.”
Pascal Homsy, Eutelsat Chief Technical Officer, added: “This is the fourth launch for Eutelsat in just under three consecutive months, quite a remarkable and unequalled technical achievement; congratulations to all! EUTELSAT 10B’s Ku-band payload complements the Ka-band of the EUTELSAT KONNECT VHTS satellite, launched in September 2022, reflecting our ability to serve our customers in both Ka- and Ku-bands with the best-in-class space assets.”
About Eutelsat Communications
Founded in 1977, Eutelsat Communications is one of the world's leading satellite operators. With a global fleet of satellites and associated ground infrastructure, Eutelsat enables clients across Video, Data, Government, Fixed and Mobile Broadband markets to communicate effectively to their customers, irrespective of their location. Around 7,000 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers equipped for DTH reception or connected to terrestrial networks. Committed to promoting all facets of sustainable development across its business activities, Eutelsat leverages its in-orbit resources to help bridge the digital divide while maintaining a safe and uncluttered space environment. As an attractive and socially responsible employer, Eutelsat assembles 1,200 men and women from 50 countries who are dedicated to delivering the highest quality of service.
For more about Eutelsat go to www.eutelsat.com
Media
Anita Baltagi
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Investors
Thomas Cardiel
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ST. CATHARINES, Ontario--(BUSINESS WIRE)--#yourmarinecarrierofchoice--Algoma Central Corporation (TSX: ALC) today announced that it has been selected as one of Hamilton-Niagara’s Top Employers 2023. This special designation recognizes the employers in the Hamilton-Niagara area that lead their industries in offering exceptional places to work.
“I am incredibly proud to rank as one of Hamilton-Niagara’s Top Employers,” said Gregg Ruhl, President and CEO of Algoma. “We are the Marine Carrier of Choice for and also because of our employees. They are the inspiration and driving force behind our sustainable progress and the reason we are committed to providing a safe, supportive, fulfilling and inclusive work environment,” concluded Mr. Ruhl.
Hamilton-Niagara's Top Employers is an annual competition, organized by the editors of Canada's Top 100 Employers, that evaluates companies on their progressive and forward-thinking programs in a number of areas including:
This award acknowledges Algoma as an excellent employer and brings awareness to the many rewarding career opportunities available in the marine industry. It is our mission to provide our employees with support to further their education/training and to encourage development, innovation and internal growth. Algoma values the importance of caring for our employees and those who are most important to them and offer comprehensive health and benefit plans and provide programs that support health and wellness.
At Algoma, we are proud our team members have chosen to work with us and want them to stay until retirement. For potential employees, we want them to consider a job in marine transportation, and with Algoma in particular, for an attractive and rewarding career.
About Algoma Central Corporation
Algoma owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes - St. Lawrence Seaway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. Since 2010 we have introduced 10 new build vessels to our domestic dry-bulk fleet, with two under construction and expected to arrive in 2024, making us the youngest, most efficient and environmentally sustainable fleet on the Great Lakes. Each new vessel reduces carbon emissions on average by 40% versus the ship replaced. Algoma also owns ocean self-unloading dry-bulk vessels operating in international markets and a 50% interest in NovaAlgoma, which owns and operates the world's largest fleet of pneumatic cement carriers and a global fleet of mini-bulk vessels serving regional markets. Algoma truly is Your Marine Carrier of Choice™. For more information about Algoma, visit the Company's website at www.algonet.com.
Gregg A. Ruhl
Algoma Central Corporation
President & CEO
905-687-7890
Cathy Smith
Algoma Central Corporation
Vice-President, Human Resources
905-687-7823
SnapLogic’s Intelligent Integration Platform supports the RNLI across the organisation
LONDON--(BUSINESS WIRE)--The Royal National Lifeboat Institution (RNLI), the charity that saves lives at sea, is working with SnapLogic, a leader in intelligent integration and enterprise automation. The RNLI has been able to use additional data to support decision making, work efficiently, and empower internal teams, all with the use of SnapLogic. From real-time reporting on lifeboat locations (AIS), to fundraising, HR, and managing the back-end of their volunteer crew app, the RNLI’s Data Engineering team is utilising SnapLogic across the organisation.
The RNLI has always been passionate about its data; while also, as a charity, needing to operate as an agile, efficient organisation. The RNLI chose SnapLogic’s Integration Platform as a Service (iPaaS) to support its data analytics and since deploying SnapLogic’s Intelligent Integration Platform, the organisation has seen multiple benefits.
The Data Engineering team has saved time as they can now easily and quickly repeat work using templates and pipelines as well as using readymade Snap Packs to build integrations. Feedback from the team was that their work is now easy to share within the team: scalable, standardised, and resilient. Perhaps most importantly, given the need for agile ways of working, the Data Engineering team is able to rapidly develop, prototype and test out ideas.
“As a data-hungry organisation, we utilise SnapLogic as our iPaaS tool mainly because of its ease of use, which has sped up processes significantly, made the team more efficient, and increased collaboration,” said Dr. Sam Prodger, Head of Data Operations and Applications at the RNLI. “The most common request we get from our colleagues is to provide new data more quickly – with SnapLogic, that’s possible.”
One unique use of SnapLogic involves the RNLI Callout and Messaging System (RCAMS), a mobile app that helps the RNLI alert its volunteer crew members to a shout. The RNLI had previously found it difficult to integrate the app’s back-end, and provide reporting to support the coastal teams.
The RNLI’s next project using SnapLogic will tackle the challenge of accessing data from over thousands of sensors on board each lifeboat. With these sensors recording a wealth of information, from water depth to engine performance, the RNLI plans to pull data from each lifeboat into a central location, extracting insights to help the organisation protect its crews and maintain its fleet of lifeboats, with some lifeboats costing upwards of £2 million each.
“SnapLogic believes in making a way for people to be able to work easier, whilst also making the most of data integration capabilities,” said Zahi Yaari, VP of EMEA at SnapLogic. “We’re delighted to be working with the RNLI to ensure they can do their vital work without distraction. This is why intelligent, easy-to-use and AI-driven integration and automation makes all the difference.”
About SnapLogic
SnapLogic powers the automated enterprise. The company’s self-service, AI-powered integration platform helps organizations connect applications and data sources, automate common workflows and business processes, and deliver exceptional experiences for customers, partners, and employees. Thousands of enterprises around the world rely on the SnapLogic platform to integrate, automate, and transform their business. Learn more at snaplogic.com.
Connect with SnapLogic via our Blog, Twitter, Facebook, or LinkedIn.
Erica Coleman
SnapLogic
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Helen Fitzhugh
Kaizo for SnapLogic
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+44 (0) 203 176 4700
This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated August 12, 2021 to its short form base shelf prospectus dated August 5, 2021
HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has filed a proposed settlement agreement for its 2022-2024 General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB). The settlement, which addresses both fuel and non-fuel rates, was reached between NS Power and key customer representatives, including Nova Scotia’s Consumer Advocate, the Small Business Advocate, large customers represented by the Industrial Group, municipal utilities, Dalhousie University as well as advocates for the environment and low-income customers.
If approved by the UARB, the settlement will implement Bill 212, the provincially legislated cap on non-fuel rates for 2023 and 2024. The agreement addresses the recovery of fuel costs over the settlement period and would also establish a Demand Side Management (DSM) rider. Combined, these amounts would result in rate increases of 6.9% each year for 2023 and 2024. In addition, any under or over recovery of fuel costs would be addressed through the UARB’s established Fuel Adjustment Mechanism (FAM) process.
“Reaching this settlement is a remarkable demonstration of stakeholders’ and customer representatives’ commitment to working together to reach constructive solutions for customers,” says Peter Gregg, President and CEO of NS Power. “Working within the constraints of Bill 212, this settlement addresses all outstanding items of the GRA, and provides important price predictability for customers at this time of high inflation and broad economic challenge.”
Other elements of NS Power’s GRA addressed in the settlement include agreement on a storm rider for the years 2023-2025, providing clarity around the recovery of costs for major storms and extreme weather events in future. It also establishes an equity thickness of 40 per cent for rate-making purposes and will result in $137 million in forecasted incremental non-fuel revenues over the settlement period, compared to $240 million filed within the GRA. A full copy of the proposed settlement agreement can be found on the UARB website or www.nspower.ca.
“This is a positive step forward,” said Scott Balfour, President and CEO, Emera Inc. “Achieving successful and balanced regulatory outcomes within strong regulatory compacts is critical to our ability to deliver first and foremost to our customers, but to all other stakeholders as well.”
Today’s agreement is the latest in a series of regulatory settlements across Emera’s portfolio that demonstrate the strength of Emera’s teams and strategy as well as Emera’s ability to work collaboratively with stakeholders to reach outcomes that are in the best interest of customers. In the last 24 months, New Mexico Gas, Tampa Electric and Peoples Gas have also concluded important rate cases through settlement agreements with customer representatives.
Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information requires Emera and NS Power to make assumptions and is subject to inherent risks and uncertainties. These statements reflect Emera management’s and NS Power management’s current beliefs and are based on information currently available to Emera management and to NS Power management. There is a risk that predictions, forecasts, conclusions and projections that constitute forward-looking information will not prove to be accurate, that Emera’s and NS Power’s assumptions may not be correct and that actual results may differ materially from such forward-looking information. Additional detailed information about these assumptions, risks and uncertainties is included in Emera’s and NS Power’s securities regulatory filings, including under the heading “Enterprise Risk and Risk Management” in Emera’s and in NS Power’s annual Management’s Discussion and Analysis, and under the heading “Principal Financial Risks and Uncertainties” in the notes to Emera’s and to NS Power’s annual and interim financial statements, which can be found on SEDAR at www.sedar.com.
About Emera Inc.
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $40 billion in assets and 2021 revenues of more than $5.7 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in three Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedar.com.
About Nova Scotia Power
Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera Inc. (TSX-EMA), a diversified energy and services company. Nova Scotia Power provides 95% of the generation, transmission and distribution of electrical power to approximately 540,000 residential, commercial and industrial customers across Nova Scotia. The company is focused on new technologies to enhance customer service and reliability, reduce emissions and add renewable energy. Nova Scotia Power has over 2000 employees and $4.5 billion in operating assets. Learn more at www.nspower.ca.
Media:
Dina Seely
Emera Inc.
902-428-6951
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Jackie Foster
Nova Scotia Power
(902) 225-4735
LONDON--(BUSINESS WIRE)--#CRYOplatform--Highview Power, a global leader in providing long duration energy storage and essential grid services, is pleased to announce the appointment of Sandra Redding as General Counsel. As an integral member of the company’s senior leadership team, Mrs. Redding brings extensive international legal expertise to Highview Power.
“Sandra’s experience will be a huge asset to Highview Power as we continue to expand and transform from a category disruptor to global market leader,” said Rupert Pearce, CEO at Highview Power. “She is an accomplished and experienced leader, bringing strong international experience, and I am delighted to welcome her to our leadership team.”
Mrs. Redding has more than 20 years of international experience across a number of corporates in the energy sector, and in a wide range of cultural and political environments. She most recently served as General Counsel for Seadrill and prior to that as General Counsel of Dubai government-owned Dragon Oil. She has also held several in-house legal roles within the RWE, Gaz de France and National Grid groups.
“This is an exciting time to join Highview Power,” said Mrs. Redding. “I look forward to working with Rupert and the leadership team to deliver our innovative solutions to decarbonise the world’s power systems.”
Highview Power is embarking on an extensive programme to build renewable energy power stations (REPS) on 19 sites across the UK by 2035. These developments have the potential to power 3.7 million homes and save the UK grid approximately £1 billion per annum in operating costs.
About Highview Power
Highview Power is the leading provider of long-duration energy storage able to be deployed at grid-scale today. Its technology enables the delivery of 24/7 renewable energy and cost-effective grid stabilisation. This will reduce dependence on gas, stabilise energy costs and deliver energy security.
For more information, please visit http://www.highviewpower.com.
Wendy Prabhu, Mercom Communications
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UK: +44.203.617.1930
Energy Globe World Award in Vienna on November 30
VIENNA--(BUSINESS WIRE)--#Climatechange--This year’s Energy Globe World Award will take place in Vienna, Austria, on November 30, under the motto "Yes we can - Yes we do". The event is already being described by top climate experts as the "global summit for sustainable solutions".
The climate crisis is the most urgent of all, especially for our children, as we need to preserve our planet for future generations. However, working solutions to every environmental problem facing humanity today already exist. These solutions are presented to a worldwide audience at the annual Energy Globe World Award.
For the last 22 years, the Energy Globe has been the world's most important environmental award, with over 180 participating countries and a total of over 30,000 environmental projects submitted. The winners of the national Energy Globes are chosen annually in all participating countries. The world's best projects are then presented with the Energy Globe World Award, attended by high-ranking players from politics, business and science.
This year, almost 3,000 environmental projects from 183 countries were submitted and will be evaluated by an international jury of experts chaired by Maneka Gandhi (former Indian Environment Minister). A daunting task, with so many great innovations that propose solutions to environmental issues.
Prizes will be awarded in the categories of life – "water, earth, fire, air" as well as the special category of "youth", which stands for our future.
For the first time, there is also a special prize for climate-friendly cooking, a topic that affects billions of people and for which solutions from 13 countries were submitted this year. Full details of the nominated projects and all national winners at www.energyglobe.info.
In the run-up to the Energy Globe Gala, world-renowned Nobel laureate and economist Prof. Mohan Munasinghe will speak with experts in a panel discussion on solutions to our environmental problems, focusing on energy, water resources, sustainable development and climate change.
"We at Energy Globe are convinced that all environmental problems at hand can be overcome. The solutions already exist. And with a positive view of the future, humanity will emerge stronger and more sustainable from the climate crisis," says Wolfgang Neumann, founder of Energy Globe.
The panel discussion and the gala will be broadcast live on November 30 from 13:30 (CET) on www.energyglobe.info.
Wolfgang Neumann
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+436641826580
DUBLIN--(BUSINESS WIRE)--The "Refuse Derived Fuel Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028" report has been added to ResearchAndMarkets.com's offering.
The report on the global refuse derived fuel market provides qualitative and quantitative analysis for the period from 2020 to 2028.
The report predicts the global refuse derived fuel market to grow with a significant CAGR over the forecast period from 2022-2028.
The study on refuse derived fuel market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.
The report on refuse derived fuel market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global refuse derived fuel market over the period of 2020 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global refuse derived fuel market over the period of 2020 to 2028. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Market Dynamics
Drivers
Restraints
Opportunities
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the refuse derived fuel market.
2. Complete coverage of all the segments in the refuse derived fuel market to analyze the trends, developments in the global market and forecast of market size up to 2028.
3. Comprehensive analysis of the companies operating in the global refuse derived fuel market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Segments Covered
The global refuse derived fuel market is segmented on the basis of fuel type, application, and waste type.
The Global Refuse Derived Fuel Market by Fuel Type
The Global Refuse Derived Fuel Market by Application
The Global Refuse Derived Fuel Market by Waste Type
Company Profiles
The companies covered in the report include
For more information about this report visit https://www.researchandmarkets.com/r/rk2806
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
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TAIPEI, Taiwan--(BUSINESS WIRE)--#AITO--TrendForce’s latest research finds that global sales of new energy vehicles (NEVs), which encompass battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel-cell vehicles (FCVs), rose by 70% YoY to 2.87 million units for 3Q22. Of the quarterly total, BEV sales accounted for 2.147 million units and registered a YoY growth of 75%, whereas PHEV sales accounted for 714,000 units and registered a YoY growth of 57%.
In the global ranking of BEV brands by vehicle sales for 3Q22, Tesla took first place with 344,000 units. While Tesla managed to maintain its market share at 16%, its lead over second-placed BYD in sales figure had narrowed further. BYD sold 259,000 BEVs in 3Q22, posting a massive YoY growth of 182%. It is also worth noting that the gap between Tesla and BYD in BEV sales has been smaller than 100,000 units for two quarters straight. SGMW and Volkswagen respectively stayed at third and fourth in the ranking, showing no change from the previous quarter. As for fifth to 10th, TrendForce especially points out that these places were all taken by Chinese brands. Looking at the global top 10 BEV brands for 3Q22, MG Motor (that has been acquired by SAIC Motor) and Geometry entered this group for the first time mainly thanks to the robust demand from China. Conversely, Hyundai, Kia, and XPeng Motors were pushed out of the top 10. XPeng stated that the deliveries of its new electric SUV G9 would ramp up this October. Whether XPeng will remain in the group of top 10 for 2022 depends on its performance in the fourth quarter.
Turning to the global ranking of PHEV brands by vehicle sales for 3Q22, BYD was at the top with 279,000 units and held a market share of 39.1%. As for other PHEV brands, they still were unable to raise their market shares above 10% even though they posted a QoQ increase in vehicle sales. Looking at the two German luxury car brands that are involved in the PHEV segment, Mercedes-Benz rose to second place in the ranking because of a QoQ gain for vehicle sales in both the home market and China. BMW saw falling sales for its PHEVs in Europe, so it posted a decline in units and slipped down in the ranking. Chinese brand AITO entered the group of the global top 10 PHEV brands for the first time in 3Q22 and was immediately placed fifth. AITO is a brand under Seres and in close cooperation with Huawei, and its vehicle models feature many technologies from Huawei as well. Going forward, the market performances of AITO’s vehicles will actually be an important indicator of Huawei’s progress in the development of an automotive business.
Moving into 4Q22, TrendForce believes that autumn releases of new vehicle models and year-end promotional activities will be the main drivers of car sales worldwide. Consumers have been waiting for new vehicle models or new generations of the existing vehicle models that are scheduled for release in 4Q22. This is one of the reasons why some carmakers saw declining vehicle sales in 3Q22. Therefore, these same carmakers could still get a boost in annual vehicle sales from their performances in the fourth quarter. As for the Chinese NEV market, it will stay fairly hot in 4Q22 as car brands operating there continue to provide incentives for vehicle purchases. Furthermore, Chinese consumers still want to take advantage of their government’s NEV subsidy program before its termination.
For further details of this press release, including a table showing the global top 10 BEV and PHEV brands by vehicle sales market share for 3Q22, please visit: https://www.trendforce.com/presscenter/news/20221124-11470.html
For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit our blog at https://insider.trendforce.com/
About TrendForce (www.trendforce.com)
TrendForce is a global provider of the latest development, insight, and analysis of the technology industry. Having served businesses for over a decade, the company has built up a strong membership base of 500,000 subscribers. TrendForce has established a reputation as an organization that offers insightful and accurate analysis of the technology industry through five major research departments: Semiconductor Research, Display Research, Optoelectronics Research, Green Energy Research, and ICT Applications Research. Founded in Taipei, Taiwan in 2000, TrendForce has extended its presence in China since 2004 with offices in Shenzhen and Beijing.
Ms. Esther Feng
Tel: +886-2-8978-6488 ext. 667
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Ms. Pinchun Chou
Tel: +886-2-8978-6488 ext.669
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DUBLIN--(BUSINESS WIRE)--The "Hybrid Power Solutions Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2028" report has been added to ResearchAndMarkets.com's offering.
The report on the global hybrid power solutions market provides qualitative and quantitative analysis for the period from 2020 to 2028.
The report predicts the global hybrid power solutions market to grow with a CAGR of over 8% over the forecast period from 2022-2028.
The study on the hybrid power solutions market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2020 to 2028.
The report on the hybrid power solutions market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global hybrid power solutions market over the period of 2020 to 2028. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market, and opportunities for the new entrants in the global hybrid power solutions market over the period of 2020 to 2028. Further, IGR- Growth Matrix gave in the report brings insight into the investment areas that existing or new market players can consider.
Market Dynamics
Drivers
Restraints
Opportunities
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the hybrid power solutions market.
2. Complete coverage of all the segments in the hybrid power solutions market to analyze the trends, and developments in the global market, and forecast market size up to 2028.
3. Comprehensive analysis of the companies operating in the global hybrid power solutions market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.
Segments Covered
The global hybrid power solutions market is segmented on the basis of type, power rating, product, and end-use.
The Global Hybrid Power Solutions Market by Type
The Global Hybrid Power Solutions Market by Power Rating
The Global Hybrid Power Solutions Market by Product
The Global Hybrid Power Solutions Market by End-use
Company Profiles
The companies covered in the report include
For more information about this report visit https://www.researchandmarkets.com/r/xxfrky
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
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