Provides Products and Services to Help Building Owners Become Energy Efficient
NEW YORK--(BUSINESS WIRE)--#decarbonize--Bright Power, Inc. today announced they have partnered with the NYC Accelerator Service Provider Program and the District of Columbia’s Affordable Housing Retrofit Accelerator. Both initiatives are designed to help building owners find an affordable path to energy efficiency.
NYC Accelerator
Buildings account for 68% of NYC’s carbon emissions, so in order to help decarbonize New York City, the NYC Accelerator is connecting building owners with service providers, such as Bright Power, that provide energy upgrades to provide a clear path on reducing energy and water use.
Local Laws – such as Local Law 84 requiring annual benchmarking, Local Law 87 requiring energy audits, and Local Law 97 which institutes carbon emissions limits – are forcing building owners to consider energy upgrades, but many of these buildings don’t know where to start. Bright Power provides these buildings with a holistic and comprehensive approach to energy reduction, decarbonization and complying with local laws.
As a NYC Accelerator service provider, Bright Power will offer all of its integrated services to these building owners based on their specific needs. Services include, but are not limited to:
“We are very proud to be a NYC Accelerator Service Provider participant as our missions very closely align - to increase the performance and value of buildings and eliminate negative impacts on the planet,” said Jeff Perlman, CEO, Bright Power. “Bright Power eliminated 236.2 million pounds of carbon emissions through all of its service lines in 2021 and we look forward to helping more buildings become energy efficient in 2022 and beyond.”
NYC Accelerator is a program of the NYC Mayor’s Office of Climate and Environmental Justice designed to mobilize real estate stakeholders on a pathway to decarbonization, achieve the Climate Mobilization Act’s requirements, and meet the City’s climate goals while building healthier, safer communities. Buildings that want to support the effort to decarbonize NYC, cut energy-related costs, and build a healthier city, can rely on NYC Accelerator to connect them with service providers that will recommend and provide the best solutions based on their needs.
District of Columbia Affordable Housing Retrofit Accelerator
The District of Columbia’s Affordable Housing Retrofit Accelerator, managed in partnership by the DC Sustainable Energy Utility (DCSEU), the District Department of Energy & Environment (DOEE), and the DC Green Bank, is designed to help affordable housing prepare for the DC Building Energy Performance Standards (BEPS) requirements - to help the District reduce greenhouse gas emissions and energy consumption by 50% by 2032. The BEPS require most DC properties over 50,000 sq ft to achieve a specified ENERGY STAR Score for their property or face significant penalties. Through this Accelerator, qualifying affordable housing properties will be offered ASHRAE Level 2 energy audits at no cost to the property owner or residents.
To start, Bright Power will be performing no-cost energy audits for six large DC multifamily affordable housing properties. These energy audits will help the properties understand the existing conditions of their building, identify the best opportunities for energy savings, and prepare for compliance with the DC BEPS.
“The Affordable Housing Retrofit Accelerator is going to play a crucial role in preserving affordable housing, reducing energy consumption and greenhouse gas emissions, and helping owners of affordable housing meet the BEPS,” said Ted Trabue, managing director of the DCSEU. “Working with firms like Bright Power, we can help owners and property managers make informed decisions on energy efficiency upgrades that benefit them and their residents for years to come.”
About Bright Power
Bright Power -- the premier provider of energy and water management services and trusted advisor for real estate owners, investors, and operators -- brings seventeen years of experience in renewable energy, energy efficiency, project management, and energy analysis to the industry. Bright Power provides strategic energy and water solutions to building owners and operators across the nation, specializing in multifamily apartment buildings. Bright Power has worked with almost 2 million units that cover over 2 billion square feet. For more information, please visit www.brightpower.com.
For press inquiries:
Stephanie Driscoll
This email address is being protected from spambots. You need JavaScript enabled to view it.
781.535.8489
MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) highlights its clean energy transition and industry-leading carbon reduction goals in its investor newsletter, Inside View, which also includes the following topics:
- Clean energy transition fueling capital expenditures, asset growth
- Financial strength to build value, power a cleaner future
- MGE’s smart thermostat program expanding
- New wind, solar and battery storage projects moving forward
- MGE proposes electric rate changes for 2023
The newsletter is available on MGE Energy's website at:
http://www.mgeenergy.com/insideview
Inside View is published periodically to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric.
About MGE Energy
MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties. MGE Energy's assets total approximately $2.4 billion, and its 2021 revenues were approximately $607 million.
Investor relations contact
Ken Frassetto
Director Shareholder Services and Treasury Management
608-252-4723 | This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Cadmium Telluride Solar Panel Market, By End Use (Residential, Commercial, Industrial, Utility), By Application (Cell Efficiency, Process Optimization, Ambient Temperature, Solar Tracking), By Material, By Region, Competition Forecast and Opportunities, 2017-2027" report has been added to ResearchAndMarkets.com's offering.
The global cadmium telluride solar panel market is expected to grow at a significant rate during the forecast period with market growth attributed to the growing usage of cadmium telluride based solar panels in various end use applications such as automotive industries, residential complexes, etc., and increasing demand for renewable energy on account of the rapid depletion of natural resources.
Rising environmental awareness and increasing need for energy are fueling the growth of the cadmium telluride solar panel market. Cadmium telluride solar panels are photovoltaic devices with a thin layer of CdTe film, which helps produce electricity from sunlight. Cadmium telluride solar panels are less expensive to produce, and they can surpass silicon in terms of cost per kilowatt of installed capacity.
Moreover, the rising adoption of CdTe in electro-optic modulators owing to their high electro-optic coefficient and advancing technology in solar panels are driving the growth of the global cadmium telluride solar panel market. Growing awareness among consumers coupled with increased financial investments from government bodies and private investment are further contributing to the growth of the global cadmium telluride solar panel market.
The rising global population is creating a need for more energy sources with a low carbon footprint, which is anticipated to propel the growth of the global cadmium telluride solar panel market in the coming years.
However, stringent government regulations related to the negative impact of cadmium on the environment and lower productivity of the CdTe solar cells compared to other alternatives might hinder the growth of the global cadmium telluride solar panel market during the forecast period.
The residential segment is projected to register the highest growth in the global cadmium telluride solar panel market because of growing construction activities to accommodate the needs of the expanding urban population. Based on application, the market is sub-segmented into cell efficiency, process optimization, ambient temperature, and solar tracking.
The cell efficiency segment is expected to dominate the global cadmium telluride solar panel market owing to the higher efficiency and affordability of solar panels.
Major players operating in the global cadmium telluride solar panel market are First Solar, Toledo Solar, Calyxo GmbH, Advanced Solar Power, Antec Solar GmbH, Dmsolar LLC, Nexcis, Reel Solar, Lucintech Inc..
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Cadmium Telluride Solar Panel Market
5. Voice of Customer
5.1. Brand Awareness
5.2. Factors Considered while Selecting a Supplier
5.3. Satisfaction Level
5.4. Major Challenges Faced
6. Global Cadmium Telluride Solar Panel Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By End Use (Residential, Commercial, Industrial, Utility)
6.2.2. By Application (Cell Efficiency, Process Optimization, Ambient Temperature, Solar Tracking)
6.2.3. By Material (Cadmium, Telluride)
6.2.4. By Region
6.2.5. By Company (2021)
6.3. Market Map
7. North America Cadmium Telluride Solar Panel Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.3. North America: Country Analysis
7.3.1. United States Cadmium Telluride Solar Panel Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By End Use
7.3.1.2.2. By Application
7.3.1.2.3. By Material
7.3.1.3. Major Regulator Policies Supporting Solar Power in the Country
7.3.2. Canada Cadmium Telluride Solar Panel Market Outlook
7.3.3. Mexico Cadmium Telluride Solar Panel Market Outlook
8. Asia-Pacific Cadmium Telluride Solar Panel Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Asia-Pacific: Country Analysis
8.3.1. China Cadmium Telluride Solar Panel Market Outlook
8.3.2. India Cadmium Telluride Solar Panel Market Outlook
8.3.3. Japan Cadmium Telluride Solar Panel Market Outlook
8.3.4. South Korea Cadmium Telluride Solar Panel Market Outlook
8.3.5. Australia Cadmium Telluride Solar Panel Market Outlook
8.3.6. Singapore Cadmium Telluride Solar Panel Market Outlook
8.3.7. Malaysia Cadmium Telluride Solar Panel Market Outlook
9. Europe Cadmium Telluride Solar Panel Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. Europe: Country Analysis
9.3.1. Germany Cadmium Telluride Solar Panel Market Outlook
9.3.2. United Kingdom Cadmium Telluride Solar Panel Market Outlook
9.3.3. France Cadmium Telluride Solar Panel Market Outlook
9.3.4. Italy Cadmium Telluride Solar Panel Market Outlook
9.3.5. Spain Cadmium Telluride Solar Panel Market Outlook
9.3.6. Poland Cadmium Telluride Solar Panel Market Outlook
9.3.7. Denmark Cadmium Telluride Solar Panel Market Outlook
10. South America Cadmium Telluride Solar Panel Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. South America: Country Analysis
10.3.1. Brazil Cadmium Telluride Solar Panel Market Outlook
10.3.2. Argentina Cadmium Telluride Solar Panel Market Outlook
10.3.3. Colombia Cadmium Telluride Solar Panel Market Outlook
10.3.4. Peru Cadmium Telluride Solar Panel Market Outlook
10.3.5. Chile Cadmium Telluride Solar Panel Market Outlook
11. Middle East & Africa Cadmium Telluride Solar Panel Market Outlook
11.1. Market Size & Forecast
11.2. Market Share & Forecast
11.3. Middle East & Africa: Country Analysis
11.3.1. Saudi Arabia Cadmium Telluride Solar Panel Market Outlook
11.3.2. South Africa Cadmium Telluride Solar Panel Market Outlook
11.3.3. UAE Cadmium Telluride Solar Panel Market Outlook
11.3.4. Iraq Cadmium Telluride Solar Panel Market Outlook
11.3.5. Turkey Cadmium Telluride Solar Panel Market Outlook
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Company Profiles
14.1. First Solar
14.2. Toledo Solar
14.3. Calyxo GmbH
14.4. Advanced Solar Power
14.5. Antec Solar GmbH
14.6. Dmsolar LLC
14.7. Nexcis
14.8. Reel Solar
14.9. Lucintech Inc.
15. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/hxnjxu
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
AMES, Iowa--(BUSINESS WIRE)--Renewable Energy Group, Inc. (REG) (NASDAQ: REGI), a global producer and supplier of bio-based diesel, has entered into strategic collaboration agreements with CFN and Pacific Pride, two of North America’s largest cardlock fueling networks, to provide cleaner fuels through their branded cardlock networks. Partnering REG’s portfolio of bio-based diesel with CFN and Pacific Pride’s vast network of cardlocks will allow the companies to play a critical role in furthering the utilization of cleaner fuels by fleets across North America.
REG’s bio-based diesel is easy to adopt and immediately begins reducing fossil carbon emissions. Under the new arrangement, REG’s UltraClean BlenD™, a proprietary blend of biodiesel and renewable diesel, and other fuels from REG’s EnDura Fuels™ product line, will be available to customers via CFN and Pacific Pride’s vast cardlock network. CFN and Pacific Pride operate cardlocks in a number of regions across the U.S. and Canada.
“We continue to provide our Marketers with the tools and products they need to adapt to a changing marketplace,” stated CFN and Pacific Pride President, Eric Lind. “Our alliance with Renewable Energy Group will position our networks for the future by ensuring we have the products available to meet the needs of the growing biofuels market.”
For REG, this opens up new customer opportunities through a larger geographic footprint, and allows the business to provide bio-based diesel directly to end users. The businesses are committed to continuing to provide customers with the quality and service they expect, with an expanded offering of cleaner fuel options.
“This collaboration exemplifies what we want to do at REG: work with industry leading companies and help guide customers during the energy transition by enabling them with access to clean fuel alternatives,” said Bob Kenyon, Senior Vice President, Sales and Marketing at REG. “Our cleaner fuels and customer service are helping to reduce greenhouse gas emissions today and offer a plug-and-play solution for most fleets across North America.”
The organizations hope to begin expanding availability of bio-based diesel later this year, initially focused on cardlocks on the West Coast. Renewable Energy Group’s technical services team will support the implementation, ensuring customers are receiving the best products for their region and season.
About Renewable Energy Group
Renewable Energy Group is leading the energy and transportation industries’ transition to sustainability by converting renewable resources into high-quality, sustainable fuels. Renewable Energy Group is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. Renewable Energy Group utilizes a global integrated procurement, distribution and logistics network to operate 11 biorefineries in the U.S. and Europe. In 2021, Renewable Energy Group produced 480 million gallons delivering 4.1 million metric tons of carbon reduction. Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.
About CFN and Pacific Pride
CFN and Pacific Pride provide fuel card authorization, transaction processing, cardlock site branding, and reciprocal site access for independent petroleum marketers. Marketers join the CFN and Pacific Pride networks to provide their fleet customers access to cardlock network locations, and realize the economic benefit from customers of other members fueling at their locations. Through a CFN or Pacific Pride affiliation, petroleum marketers can offer commercial fleets an integrated fueling solution with access to over 57,000 locations via the Fuelman® network, a FLEETCOR® company. Based in Seattle, Washington, CFN and Pacific Pride are the largest private-branded cardlock networks in North America. CFN and Pacific Pride are part of the FLEETCOR® (NYSE: FLT) portfolio of brands.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding REG’s strategic growth plans, activities to support the adoption of renewable fuels by the transport industry, customer demand for low carbon fuels and the attributes of the Endura Fuels. These forward-looking statements are based on current expectations, estimates, assumptions and projections that are subject to change, and actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the failure of REG to achieve their strategic growth plans, the inability of REG to fully implement the relationship with CFN and Pacific Pride and supply cardlock locations, customer’s desire for clean fuel options, the inability to successfully blend fuels, changing sustainability targets and consumer interest which could reduce the need for lower carbon fuels, failure of legislative efforts to promote renewable fuels, increased competition from other low carbon fuel suppliers, changing standards applicable to renewable fuels which may require different manufacturing processes and requalification of our fuels, the availability and promotion of electric vehicles, and other risks and uncertainties described in REG’s annual report on Form 10-K for the year ended December 31, 2021 and subsequently filed Form 10-Q and other periodic filings with the Securities and Exchange Commission. All forward-looking statements are made as of the date of this press release and REG does not undertake to update any forward-looking statements based on new developments or changes in our expectations.
Katie Stanley
Renewable Energy Group
This email address is being protected from spambots. You need JavaScript enabled to view it.
(515) 979-3771
BOSTON--(BUSINESS WIRE)--Schneider Electric, the leader in the digital transformation of energy management and automation, today launched their Universal Automation Discovery Packs program in the U.S., giving innovators the opportunity to explore the benefits of universal automation. Through this program, experts from all aspects of the industry, including OEMs, system integrators, end users, distributors, academics, and others can receive a free license to explore this next-generation automation system for themselves.
Universal automation is a disruptive technology based on the IEC61499 standard for interoperability and portability that decouples hardware and software by addressing one of the industry’s largest challenges to innovation — single-vendor lock-in. By having the opportunity to explore this new technology before leveraging it for commercial projects, innovators can better understand how the platform can support their organizational goals and improve operational efficiency.
“Today’s industry is changing faster than ever before, requiring both new solutions that offer greater flexibility and higher productivity, and a skilled workforce familiar with those solutions able to implement them,” said Kaishi Zhang, Global Director, Product Management at Schneider Electric. “Through this program, we are fostering digital innovation and creativity in the next wave of the industrial automation workforce by providing access to the latest universal automation platform and tools to get them started, encouraging them to take the next step in driving the industry of the future forward.”
Universal Automation Discovery Packs are for non-commercial use, enabling innovators to experience the benefits of universal automation while testing the interoperability and portability of Schneider Electric’s EcoStruxure Automation Expert system with compatible 3rd party hardware. Available on both Microsoft- and Linux-based machines, the plug-and-produce automation software components are based on IEC61499, a key industry standard that defines high-level system design language for distributed Industrial Control Systems (ICS). Adoption of an IEC61499-based automation layer common across vendors has unlimited potential for modernization across industries.
The vendor-agnostic EcoStruxure Automation Expert — the world’s first universal automation solution — is an ideal platform for Industry 4.0 solutions, providing excellent reusability, scalability, and architectural flexibility. Through the implementation of a common distributed control runtime across hardware and software platforms, it represents a new approach to designing, building, operating, and maintaining industrial automation systems, offering a unique technology mix that defines a new category of integrated automation systems.
Schneider Electric will offer Universal Automation Discovery Packs users one free engineering license and an unlimited number of runtime licenses valid for 12 months, with no purchase required (offer valid for US customers only). To learn more about Universal Automation Discovery Packs, visit our website or follow this link to sign up.
About Schneider Electric
Schneider Electric’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, endpoint 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.
Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog
Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.
Related resources:
Hashtags: #EcoStruxure #IndustrialAutomation #Industry40 #IndustriesOfTheFuture #UniversalAutomation
Schneider Electric Media Relations – Thomas Eck; 917-797-4974; This email address is being protected from spambots. You need JavaScript enabled to view it.
PR Agency for Schneider Electric – Sarah Horowitz; 215-817-5202; This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Global Magnetic Drive Pump Market, By Flow Rate, Material, Application & By Region - Forecast and Analysis 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global magnetic drive pump market was valued at USD 1,701.40 Million in 2021, and it is expected to reach a value of USD 2,250.23 Million by 2027, at a CAGR of more than 4.77% over the forecast period (2022 - 2027).
Magnetic Drive pumps are seal-less pumps that use the technology of a drive magnet and inner magnet connected to an impeller to move fluid through the pump.
The drive magnet and inner magnet are separated by a rear casing or housing, creating a seal-less containment. A Magnetic Drive Pump will prevent the leakage of fluid and even more importantly save you from the loss of potentially dangerous and costly liquids.
With environmental concerns and EPA requirements more stringent than ever, seal-less pumps allow for zero fugitive emissions, allowing them to meet the necessary compliances. Due to their simplicity, mag drive pumps save maintenance time replacing seals and dealing with hazardous leaks. With only two moving parts, there is little chance for failure.
Mag drive pumps are the answer for reliability and zero emissions. Advances in pump technology have enabled engineers to reduce the size of magnetic drive pumps whilst increasing their power and efficiency. Rare earth alloy magnets with high field strength allow compact design.
New pump bearing designs and a wide range of wetted material options have enhanced pump lifetime, lowered power losses due to eddy currents and reduced maintenance downtime.
The magnetic drive pump market is moderately fragmented, due to many companies operating in the industry.
The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period.
Aspects covered in this report
The key players in this market include
For more information about this report visit https://www.researchandmarkets.com/r/60nk0f
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
Engineering and construction leader to design-build system to curb dairy farm greenhouse gas emissions while simultaneously creating a new revenue stream based on sustainable fuel.
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Although dairy is a dietary staple in many American households, it can be hard on the environment due to the amount of greenhouse gases (GHG) produced from dairy farms. To address this, Black & Veatch has partnered with Amp Americas to develop an engineering, procurement and construction project that turns cow manure into renewable natural gas (RNG).
According to the U.S. Environmental Protection Agency, methane is a powerful GHG, one that is 25 times more potent than carbon dioxide at trapping heat in the atmosphere, contributing directly to climate change. The International Energy Agency estimates that annual global methane emissions are around 570 million tonnes. Full-scale decarbonization will require innovative solutions to curb or reuse emissions current industrial processes — agriculture included.
“We chose Black & Veatch as our EPC partner for the Lafayette County facility because their experience in developing decarbonization solutions for industrial facilities aligns perfectly with our sustainable vision,” said Martin Gilkes, chief operating officer at Amp Americas. “Their expertise directly supports our efforts to harvest energy from waste materials, accelerating the global transition to renewable fuels.”
Amp Americas develops, owns and operates on-farm dairy RNG projects that produce carbon-negative RNG and prevent GHG emissions. Black & Veatch will leverage its extensive engineering, procurement and construction management expertise to design and build a new on-site facility in Lafayette County, Wisconsin for Amp Americas that will use anaerobic digestion to convert manure into RNG, which can then be marketed as a carbon-negative fuel to large fleet customers.
“As the nation continues to work toward its 2050 decarbonization target, curbing GHG emissions from waste materials and creating new sources of low- and zero-carbon renewable fuels will be absolutely imperative,” said Doug Miller, vice president and managing director of fuels for Black & Veatch. “We are excited to be part of the team for this project, and to design and supply innovative solutions that will support Amp Americas as they pursue their goals. We look forward to our partnership together as additional waste-to-RNG facilities are developed.”
Editor’s Notes:
About Black & Veatch
Black & Veatch is an employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people around the world by addressing the resilience and reliability of our most important infrastructure assets. Our revenues in 2020 exceeded US$3.0 billion. Follow us on www.bv.com and on social media.
GRACE DEARNLEY | +1 720-834-4310 P | This email address is being protected from spambots. You need JavaScript enabled to view it.
24-HOUR MEDIA HOTLINE | +1 855-999-5991
DUBLIN--(BUSINESS WIRE)--The "Electric Vehicle Battery Recycling Market: Global Market Size, Forecast, Insights, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
The global electric vehicle battery recycling market is expected to grow at a CAGR of around 39.6% during 2022-2028. This report on global electric vehicle battery recycling market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape.
The report presents a clear picture of the global electric vehicle battery recycling market by segmenting the market based on chemistry, application, process, vehicle type, and region. Also, detailed profiles of companies operating in the electric vehicle battery recycling market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Historical & Forecast Period
Market Dynamics
Drivers
Challenges
Market by Chemistry
Market by Application
Market by Process
Market by Vehicle Type
Market by Region
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/rraj8o
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
HOUSTON--(BUSINESS WIRE)--Chevron U.S.A. Inc., through its Chevron New Energies division, announced it is launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, California.
Chevron aims to reduce its carbon intensity - the amount of carbon dioxide (CO2) emitted per unit of energy produced - by installing CO2 post-combustion capture equipment, capturing the CO2 and then safely storing it thousands of feet underground. This CCS initiative would begin at Chevron’s Kern River Eastridge cogeneration plant in Kern County, California.
“At Chevron, we believe the future of energy is lower carbon. Reducing the carbon intensity of the energy people rely on day-in and day-out is well-aligned with the ambitions of the Paris Agreement,” said Chris Powers, vice president of Carbon Capture, Utilization, and Storage (CCUS) for Chevron New Energies. “We are excited about the opportunity to collaborate and progress this CCS initiative in San Joaquin Valley, a region where we have lived and worked for over a century.”
Chevron has applied to obtain a Conditional Use Permit with the Planning and Natural Resources Department of Kern County and will continue to work with appropriate regulators throughout the process.
In addition to the Eastridge cogeneration project, Chevron is currently evaluating and deploying multiple carbon capture technology demonstrations to mature more efficient and cost-effective capture solutions, potentially enabling future projects, not only for Chevron, but for other industries.
“As Chevron advances to a lower carbon future, we’re identifying ways to advance our operations as well, so we can continue to provide local jobs, support the local economy, and generate local government revenue that supports critical community services,” said Molly Laegeler, vice president, San Joaquin Valley (SJV), Chevron. “We are excited about this Chevron New Energies project and fostering continued collaboration with local regulators throughout this process, not only to position the region to benefit from these lower carbon solutions, but that we continue to protect people and the environment. We believe this project has the potential to benefit the region on many levels and that Kern County is an ideal location for carbon capture and storage.”
An August 2020 report by the Lawrence Livermore National Laboratory that highlighted opportunities for California to become carbon neutral noted, “there are various options for geologic storage sites in the state, but we have identified the most promising first candidates in San Joaquin County and in Kern County,” due to the regions’ geologic and subsurface characteristics, as well as the existing oil and natural gas production.1
Chevron is also actively exploring additional opportunities to lower the carbon intensity of its SJV operations, including the blending of hydrogen with natural gas in combustion, and the potential use of other emerging lower carbon technologies, such as geothermal.
Project Support:
Kern Economic Development Corporation President and CEO Richard Chapman: “We have a long history of working with Chevron and have appreciated their significant involvement in our community and the role they have played in Kern County. We are excited to see their commitment to lowering the carbon footprint of their local operations and look forward to seeing the innovation and technology they plan to deploy. These efforts aim to ensure job security and workforce development opportunities and maintain the quality of life we enjoy here.”
State Building & Construction Trades Council of California President Andrew Meredith: “Energy transition efforts such as this project have the potential to create a significant number of good-paying jobs. There are also a number of skills in oil and gas jobs that are transferable to new energies, especially CCUS. We appreciate Chevron’s continued commitment to California and our workers.”
CA State Sen. Anna Caballero: “As we enter our hottest time of the year, we need to be sure we have enough energy to prevent brownouts and blackouts. This project is designed to serve a dual purpose: ensure we have electricity when we need it and help provide climate action for our Central Valley and California.”
About Chevron
Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and seeking to grow lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.
CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This news release contains forward-looking statements relating to Chevron’s operations and energy transition plans that are based on management's current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “toward,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions, including the military conflict between Russia and Ukraine and the global response to such conflict; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to implement capital allocation strategies, including future stock repurchase programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 25 of the company's 2021 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.
1 getting_to_neutral.pdf (llnl.gov) (p. 98)
Chevron
Creighton Welch
This email address is being protected from spambots. You need JavaScript enabled to view it.
281.703.2728
CANTON, Ohio--(BUSINESS WIRE)--Knight Material Technologies (KMT), located in Canton, Ohio, has acquired Electro Chemical Engineering and Manufacturing Co. (EC) located in Emmaus, PA. KMT (www.knightmaterials.com) is a leading service provider and manufacturer in the corrosion-resistant materials industry, and EC is a leader in high-performance fluoropolymer-lined vessels.
Combining the two companies' solutions will create a larger, complementary product offering that will drive expansion into new markets and industries. EC will benefit from KMT's expanded reach, including the U.S. Gulf Coast and global markets, while Knight will expand its solutions with EC's fluoropolymer vessels and other materials. The Gulf Coast region has not previously had a local manufacturer for the sales, project personnel and manufacturing of fluoropolymer-lined vessels. Utilizing KMT's Houston office, and fabrication facilities in Baytown, Texas, EC intends to expand into the region to assist local customers with broader range of both products and services. In addition to EC's various fluoropolymer vessel liners, including PVDF, ECTFE, ETFE, FEP, PFA, PTFE, and more. EC also has proprietary adhesive systems for sheet lining and plastic welding technology.
"Electro Chemical and Knight Material Technologies have separate technology and service solutions within the same industries and even some of the same customers," said Kevin Brooks, President of KMT. "Together, we will be able to become more of a complete solutions provider to our customers and create leverage that will accelerate the growth potential for both companies. This will be a win-win situation for our companies, customers and employees."
Electro Chemical also owns a subsidiary, Superior Dual Laminate Products (SDL), in Vancouver, BC. SDL focuses on producing FRP dual laminate equipment, including piping, headers, tanks and specialty equipment. Dual laminate equipment is the preferred corrosion-resistant material in various industries, including the chlor-alkali industry.
"We are excited to add the innovation technology Electro Chemical offers to our product line," added Brooks. "The company provides proprietary services with technical differentiation and consistently brings industry-leading innovation to its customers, such as its work in increasing the temperature resistance of epoxy adhesives and new welding techniques."
"This represents a tremendous opportunity for our company and workforce at EC," said Mike Bunner, President, who will remain with EC as a consultant through the transition period. "Throughout our 70+ year history, EC has focused on driving innovation and technology solutions for our customers. This acquisition extends our geographic reach and positions us to bring even more capabilities to our customers in ways that will strengthen our position as a premier provider of linings and coatings to some of the industry's most demanding applications."
KMT expects that the workforce at both organizations will expand as business increases. Company officials added that additional resources will support increased capital equipment investments to meet future demand.
About Knight Material Technologies: Founded in 1910, Knight Material Technologies (KMT) designs, installs, services and manufactures custom acid-resistant linings used in highly corrosive processes for the chemical and mining industries worldwide. Headquartered in East Canton, OH, the company sells products in more than 40 countries with sales offices in Australia and Chile and a fabrication shop in Baytown, Texas. In addition, KMT produces industry-leading ceramic packing media for chemical process and regenerative thermal oxidation systems with customers in a wide range of industrial applications. To learn more about KMT, visit www.KnightMaterials.com.
LinkedIn: https://www.linkedin.com/company/knightmaterials/
About Electro Chemical: Since 1949, Electro Chemical (EC) has been creating innovative and leading technologies in fluoropolymer lining and coating systems for pressure vessels, tanks, distribution equipment and internal components. EC corrosion protection systems are reliable and durable while providing lower capital costs than alternative solutions. Located in Emmaus, PA, EC also has a subsidiary, Superior Dual Laminate Products (SDL), located in Vancouver, BC, focusing on FRP dual laminate equipment, including piping and headers, tanks and specialty equipment. To learn more about EC, visit www.electrochemical.net/. To learn more about SDL, visit www.superiorduallaminates.com/.
Knight Material Technologies:
Mark Golla
234.255.0320
This email address is being protected from spambots. You need JavaScript enabled to view it.
Electro Chemical Engineering:
Dale Heffner
610.965.9061
This email address is being protected from spambots. You need JavaScript enabled to view it.
Sequestration agreement will decarbonize biofuel production in Nebraska, lay foundation for regional CO2 pipeline network and sequestration hub
DENVER--(BUSINESS WIRE)--Tallgrass announced it has entered into an agreement with ADM that would pave the way for Tallgrass to capture carbon dioxide (CO2) from ADM’s corn-processing complex in Columbus, Neb., and transport it to Tallgrass’ Eastern Wyoming Sequestration Hub for permanent underground storage. By utilizing a converted natural gas pipeline for CO2 transportation, Tallgrass minimizes the need for new pipeline infrastructure while enabling ADM, a global leader in sustainable products, to further decarbonize its global operations and strengthen Nebraska’s agriculture industry.
Tallgrass is advancing a project to convert its Trailblazer natural gas pipeline to CO2 transportation service and establish an approximately 400-mile CO2 pipeline to serve as the backbone of a regional CO2 transportation system. The pipeline, which runs through Wyoming, Colorado, and Nebraska, will be capable of transporting more than 10 million tons of CO2 per year for permanent sequestration and is ideally situated to transport CO2 from ADM’s plant and other commercial and industrial sources to a sequestration hub in eastern Wyoming. In preparation for this initiative, Tallgrass recently announced plans to develop a commercial-scale CO2 sequestration hub in eastern Wyoming expected to be in service in 2024.
“We are excited to work on this project with ADM, a company that’s already demonstrated it is on the cutting edge of carbon capture,” said Kyle Quackenbush, segment president at Tallgrass. “We’re able to repurpose existing infrastructure to create significant CO2 transportation capacity without impacting natural gas service in that region. At the same time, we are enabling customers to meet their decarbonization goals, as well as minimizing environmental and landowner impact. Our CO2 pipeline will be capable of transporting significant additional CO2 volumes to accommodate the capture, transportation, and sequestration of many other emissions sources in the region.”
“Nebraska Farm Bureau’s farm and ranch member families have long supported pipeline projects for use as part of our nation’s important energy and carbon capture infrastructure,” said Mark McHargue, president of the Nebraska Farm Bureau. “As those who rely upon our nation’s natural resources to produce the world’s food, fiber, and fuel, Nebraska’s farmers and ranchers are also dedicated to ensuring their future use for generations. Projects like these provide agricultural producers with options that add value and support key industries like ethanol production, while continuing to steward the land and climate families rely upon.”
“ADM is meeting growing customer demand, advancing our strategy and living up to our purpose by continuing to lead in the decarbonization of our industry,” said Chris Cuddy, president of ADM’s Carbohydrate Solutions business. “Earlier this year, we announced an agreement that would allow us to sequester carbon from two of our biggest processing facilities in the U.S., and now we’re looking forward to working with Tallgrass to continue our work towards meeting our decarbonization goals. Carbon sequestration is a key way in which we’re evolving our Carbohydrate Solutions business, one that has already allowed us to deliver the industry’s first net zero emission wheat milling footprint and will continue to enable us to advance our strategy and scale up our work to meet ever-expanding needs and make a positive impact for global populations.”
About Tallgrass
Tallgrass is a leading energy infrastructure company focused on safely, reliably and sustainably delivering the energy and services that fuel homes and businesses and enable quality of life. We are committed to being at the forefront of efforts to decarbonize our world. An investor group led by Blackstone Infrastructure Partners, which includes Enagás SA, GIC, NPS and USS, owns the outstanding equity interests in Tallgrass. Visit Tallgrass.com to learn more.
About Nebraska Farm Bureau
The Nebraska Farm Bureau is a grassroots, state-wide organization dedicated to supporting farm and ranch families and working for the benefit of all Nebraskans through a wide variety of educational, service, and advocacy efforts. More than 55,000 families across Nebraska are Farm Bureau members, working together to achieve rural and urban prosperity as agriculture is a key fuel to Nebraska’s economy. For more information about Nebraska Farm Bureau and agriculture, visit www.nefb.org.
About ADM
ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.
Cautionary Note Concerning Forward-Looking Statements
Disclosures in this news release contain forward-looking statements. All statements, other than statements of historical fact, included in this press release that address activities, events or developments that management expects, believes or anticipates will or may occur in the future are forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include the successful development and execution of the referenced pipeline conversion project and regional CO2 transportation system; the successful development and completion of the referenced commercial-scale Eastern Wyoming Sequestration Hub; the timing of the completion of the development of the referenced projects; the expectation that these projects will achieve the stated CO2 transportation capabilities and stated or implied decarbonization and clean energy goals; and the expected benefits, economic or otherwise, of the proposed Agreement and referenced projects to ADM, Nebraska and the broader Midwest region. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Tallgrass, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements, and other important factors that could cause actual results to differ materially from those projected, including those set forth in reports and financial statements made available by Tallgrass. Any forward-looking statement applies only as of the date on which such statement is made, and Tallgrass does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Tallgrass Media and Trade Inquiries
Phyllis Hammond, 303-763-3568
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tallgrass Investor and Financial Inquiries
Andrea Attel, 913-928-6012
This email address is being protected from spambots. You need JavaScript enabled to view it.
Nebraska Farm Bureau Media Inquiries
Tina Henderson
This email address is being protected from spambots. You need JavaScript enabled to view it.
402-421-4446
ADM Media Inquiries
Jackie Anderson
This email address is being protected from spambots. You need JavaScript enabled to view it.
312-634-8484
HILDALE, Utah--(BUSINESS WIRE)--#cleanenergy--The VelociWrapperTM Company is pleased to announce that we have been awarded a patent by the United States Patent and Trademark Office for our flagship product, the VelociWrapperTM , a cable-wrapping machine that significantly increases speed, bolsters efficiency, and reduces costs for wind and solar farm installations in the renewable energy construction sector. As a company, we are proud to contribute to the clean energy economy. The less it costs to install wind and solar farms, the less it costs consumers, the more consumers will make the switch to clean energy, and the faster we can reduce greenhouse gas emissions worldwide.
The renewable energy sector is exploding. The International Energy Agency (IEA) predicted in 2012 that global solar energy generation would reach 550 terawatt-hours by 2030. That number was exceeded by 2018, illustrating that the growth of solar and wind energy has not been linear, but exponential. And there are no signs of it going extinct any time soon.
“Due to the demand for our machine, we have already outgrown our first facility and are currently moving our manufacturing operations into a facility five times the size to accommodate the growth,” explains Torrance Bistline, the founder and inventor of the VelociWrapperTM. “We have more patents and innovations in the works as well which we will be unveiling soon.”
The VelociWrapperTM is the only machine of its kind in that it is 100% green, requiring no motorized power to run. Furthermore, once the cables are laid in the ground using our system, it contributes to 5%-8% more efficiency in the transfer of energy through to its destination, which also reduces heat and extends the life of the cable.
VelociWrapperTM is exhibiting at the Clean Energy 2022 tradeshow (Booth 1432) in San Antonio, Texas May 16-18 where we will be demonstrating our newest VelociWrapperTM machine.
About Us
The VelociWrapperTM Company is based in Hildale, Utah. Founded in 2021, our mission is to recognize and fulfill the need for high-quality custom equipment for the construction industry, focusing on the renewable energy sector. Our name comes from our flagship product, the VelociWrapperTM, which is a patented triplexing machine that is the only machine of its kind that is 100% green, reduces installation time and saves money for clean energy installations.
Ron Johnson, VelociWrapper, 866-874-7539
DAYTON, Ohio--(BUSINESS WIRE)--REX American Resources Corporation (NYSE American: REX), a leading ethanol company, announced today that it will report its fiscal 2022 first quarter financial results on Wednesday, May 25, pre-market and will host a conference call and webcast at 11:00 a.m. ET that morning to review the results.
To access the conference call, interested parties may dial 415/226-5357 (domestic and international callers). Participants can also listen to a live webcast of the call by going to the Investors section on the REX website at www.rexamerican.com. A webcast replay will be available for 30 days following the live event.
About REX American Resources Corporation
REX American Resources has interests in six ethanol production facilities, which in aggregate shipped approximately 699 million gallons of ethanol over the twelve-month period ended January 31, 2022. REX’s effective ownership of the trailing twelve-month gallons shipped (for the twelve months ended January 31, 2022) by the ethanol production facilities in which it has ownership interests was approximately 282 million gallons. Further information about REX is available at www.rexamerican.com.
Douglas Bruggeman
Chief Financial Officer
937/276‑3931
Joseph Jaffoni, Norberto Aja
JCIR
212/835-8500
This email address is being protected from spambots. You need JavaScript enabled to view it.
Metallic Balloon-caused Power Outages on the Rise
OAKLAND, Calif.--(BUSINESS WIRE)--California’s graduation season has begun, and it’s important that all celebrants understand the public safety risks associated with helium-filled metallic balloons. If your graduation celebration involves balloons, make sure they are secured with a weight. Unweighted balloons can float away and come into contact with overhead power lines, causing power outages and a public safety risk.
In the first four months of 2022, metallic balloons striking electric lines have caused nearly 152 power outages in PG&E's service area alone, disrupting service to more than 56,000 customers. These power outages can interrupt electric service to critical facilities such as hospitals, schools, and traffic lights.
PG&E’s Asset Failure Analysis team found that a greater percentage of fires caused by balloons were larger than 1/4 acre compared to fires attributed to other common ignition sources tracked by PG&E.
For example, last month a balloon made contact with an electric line and caused a grass fire pictured here near Fresno. In April, a balloon caused outage in Madera started a grass fire and knocked out power to more than 13,000 people.
Ignitions caused by metallic balloons are increasing in frequency. There were 21 ignitions in 2019, 22 in 2020 and 31 in 2021: a total increase of 48 percent from 2019. Balloon-caused outages are most common in the late spring and early summer when customers are celebrating a variety of holidays and special occasions.
“We’re seeing a troubling trend of metallic balloons floating into our electric lines and starting fires. This time of year is 'celebration season' – Mother’s Day, graduation ceremonies, summer parties, Memorial Day and Father’s Day – and we often see a spike in balloon-caused outages. That’s why we’re urging everyone to keep the weight attached to the metallic balloon if you plan to use them in your celebration,” said Andy Abranches, PG&E Senior Director of Risk Management.
PG&E Supports Balloon Safety Legislation
PG&E supports Assembly Bill 847, introduced by Assemblymember Bill Quirk, which requires that by 2026 all balloons sold in California will be made with a material that is non-conductive if it comes in contact with overhead distribution lines. More than 90% of balloon caused outages occur on distribution circuits and would be prevented by the standards implemented by AB 847, significantly improving public safety. In 2021, metallic balloons caused 602 power outages across PG&E’s service area, disrupting service to more than 300,000 homes and businesses. The legislation will also improve electric reliability.
PG&E conducted a demonstration to show what can happen when metallic balloons become lose and hit utility power lines. You can watch the video here: PG&E Mylar Balloon Safety.
To significantly reduce the number of balloon-caused outages and to safely enjoy graduations, Father’s Day and summer celebrations, PG&E asks customers to follow these important safety tips for metallic balloons:
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.
MEDIA RELATIONS:
415-973-5930
BARCELONA, Spain--(BUSINESS WIRE)--Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, has been awarded the IF Design Award for its first public fast charger, Supernova. IF is one of the most prestigious design awards in the world. The jury consisted of 132 members from 20 different countries.
Supernova is the first public charger developed by the company. Following the lines of the other Wallbox products, it has a subtle and minimalist design that integrates it very discreetly into public spaces. At the operational level, the Supernova charger has unprecedented levels of efficiency and operational stability in the market of charging solutions for electric vehicles. This device is composed of 6 modules that work together to provide maximum power while maintaining their operational independence. In addition, this modular and lightweight assembly makes it easy to transport and install and requires very little maintenance.
Supernova has a charging speed of 60kW. In terms of performance, it can provide 100km of range for an electric vehicle in less than 15 minutes, making it the ideal charging solution for both public and semi-public locations (for instance, in a restaurant). It is the first public charger to be launched by Wallbox and completes a portfolio that already includes home and semi-public charging solutions.
"We believe everyone should have access to good design so design has always been a key pillar for our product development while facilitating the transition to zero-emission mobility" stated Eduard Castañeda, Chief Product Officer and co-founder of Wallbox.
This is the second award received by Supernova, which has also been recognized with the Good Design Award (previously received by Quasar, the first bidirectional charger for home use in the world). Wallbox has already won three of the world's most prestigious design awards. The first was the Red Dot award for the semi-public Copper charger.
About Wallbox
Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the user's relationship with the grid. Wallbox goes beyond electric vehicle charging to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public and public use in more than 100 countries around the world. Founded in 2015 and headquartered in Barcelona, the company currently employs approximately 1,000 people across its offices in Europe, Asia and the Americas. For more information, visit www.wallbox.com.
Wallbox Public Relations Contact:
Elyce Behrsin
Public Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
+34 622 513 358
HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 10, 2022 to holders of record on May 31, 2022.
About Baker Hughes:
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
Investor Relations
Jud Bailey
+1 281-809-9088
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media Relations
Thomas Millas
+1 713-879-2862
This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Photovoltaic (PV) Materials Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
The photovoltaic material market was valued at US$20.721 billion in 2020 and is expected to grow at a CAGR of 10.23% over the forecast period to reach a total market size of US$40.979 billion by 2027.
Growing environmental concerns such as climate change and global warming are propelling the growth of solar and wind energy. Solar energy's sustainability and unlimited potential, coupled with technological advancements, make it a sustainable and viable energy source to meet our growing energy demands in the future.
Also, recent advances in raw materials and technology have spurred the solar industry, driving up interest in photovoltaic materials. By 2050, solar PV will be the world's second-largest power source, behind wind power, and will revolutionize the world's electricity sector. Globally, solar PV would produce a quarter of the world's electricity needs (25% by 2050), making it an important source in the future. Over the next ten years, solar PV capacity is expected to increase almost sixfold, peaking at 480 GW in 2018 and falling to 2 840 GW by 2030, followed by 8 519 GW by 2050 - or almost 18 times the amount produced in 2018.
In 2050, solar PV power would be dominant in Asia (mostly China), with more than 50% of the global installed capacity, followed by North America (20%) and Europe (10%). Renewable technologies such as solar PV have been pioneered, over the centuries. As of 2018, solar PV systems had reached 480 GW globally, ranked second behind wind as a source of electrical energy. According to these estimates, such projects are expected to have a booming impact on the photovoltaic material market.
The photovoltaic materials market is mainly driven by the increasing focus on cleaner energy technologies. Furthermore, a stringent government policy against fossil fuel emissions as well as encouraging government policies to boost renewable energy is encouraging an increase in PV material demand.
Solar energy has unlimited potential for growth, and continuous technological advancements will foster growth in the industry. Currently, almost 12,000 large-scale solar projects are listed, generating more than 166 GW of energy in the United States. To support smart renewable energy and grid modernization projects, the Government of Canada has launched a $964 million program in 2021.
Growth Factor:
Supportive government policies and initiatives
Various governments around the world are constantly formulating policies to make grid connections convenient for photovoltaic projects. Chinese, Canadian, American and French companies are encouraging the use of solar energy. In July 2018, Canada, for example, launched the Climate Action Incentive Fund (CAIF), a 150 million Canadian dollar incentive programme aimed at combating climate change.
The program allows businesses to receive grants for renewable energy projects, including solar projects, up to 25% of project costs, and grants range from $20k to $250k. The PV material market is expected to grow due to initiatives and government policies in the forecast period. According to the Institute for Energy Economics and Financial Analysis (IEEFA) of the University of California, Irvine, India has five of the world's top 10 upcoming solar projects.
Further, China accounted for 32% of the world's total investments, trailed by Europe at 21%, the United States at 17%, and Asia-Pacific (other than China and India) at 15%. The Middle East and Africa had a 5% share of the smaller regions, the Americas (excluding the United States) had a 3% share, and Brazil had a 1% share. (Source: unep.org).
PV cells are being used by private companies in the region to boost their efficiency. The Dutch construction company Vorm, for instance, is building a solar module factory with 300 MW of capacity. In Denmark, the Spanish energy firm Powertis SA is planning to develop more than 150 MW of solar photovoltaic (PV) projects. Therefore, there are numerous solar power projects being planned and built, that are expected to positively influence the photovoltaic materials market outlook.
Restrain
Highly skilled professionals are required
There is a great diversity of professional roles within photovoltaic installations, ranging from R & D scientists working at Ph.D. levels to technicians who must be fully certified and trained to a host of other professionals who support all aspects of the industry.
This new technology cannot be implemented in the industry without enough experienced installers. In the PV sector, one of the most prominent challenges has been finding appropriately skilled labor. While the technology is being developed, the end-users need acknowledged standards, quality assurance, and skills certification throughout the development process.
COVID-19 Insight:
COVID-19 is expected to have a negative impact on the photovoltaic market in 2020. Several major governments have declared lockdowns to stop COVID-19 from spreading. The lockdown has significantly affected manufacturing activities. The Chinese government, for example, announced a COVID-19 lockdown in 2020.
Due to the majority of PV modules being produced in China, the production and supply chain have been greatly affected. Chinese manufacturing capacity had been severely disrupted by the lockdown, as major shipping companies had stopped dispatching containers from Chinese ports and transporting goods abroad.
Key Topics Covered:
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. PHOTOVOLTAIC (PV) MATERIALS MARKET, BY DELIVERY TYPE
5.1. Introduction
5.2. Monocrystalline Silicon
5.3. Polycrystalline Silicon
5.4. Amorphous Silicon
5.5. Gallium Arsenide
5.6. Cadmium Telluride
5.7. Others
6. PHOTOVOLTAIC (PV) MATERIALS MARKET, BY APPLICATION
6.1. Introduction
6.2. Residential
6.3. Commercial
6.4. Industrial
7. PHOTOVOLTAIC (PV) MATERIALS MARKET, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. South Korea
7.6.4. Japan
7.6.5. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Targray
9.2. Topsil GlobalWafers A/S
9.3. SILICOR MATERIALS
9.4. DuPont
9.5. Wacker Chemie AG
9.6. Hemlock Semiconductor Operations LLC
9.7. Shin-Etsu Chemical Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/1mf1nv
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
MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE:INT) announced today that its board of directors has declared a quarterly cash dividend of $0.12 per share payable on July 1, 2022 to shareholders of record on June 3, 2022.
About World Fuel Services Corporation
Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing energy procurement advisory services, supply fulfillment and transaction and payment management solutions to commercial and industrial customers, principally in the aviation, marine and land transportation industries. World Fuel Services also offers natural gas and electricity, as well as energy advisory services, including programs for sustainability solutions and renewable energy alternatives. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.
For more information, call 305-428-8000 or visit www.wfscorp.com.
Ira M. Birns,
Executive Vice President &
Chief Financial Officer
Glenn Klevitz,
Vice President & Treasurer
305-428-8000
TORONTO--(BUSINESS WIRE)--DREAM OFFICE REAL ESTATE INVESTMENT TRUST (D.UN-TSX) (“Dream Office REIT”, the “Trust” or “we”) today announced that it has been awarded a Platinum Level award by the Green Lease Leader program during the Better Buildings, Better Plants Summit, by the Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance.
Building on the Trust’s 2021 Gold Level recognition, this year the Trust achieved Platinum Level recognition for integrating ambitious building energy reduction goals with social impact goals. To receive this recognition, the Trust qualified for credits in energy efficiency and sustainability best practices such as utility data tracking and sharing, cost recovery for capital improvements, building resilience and sustainability training. This is the first year that the Platinum Level award was implemented, and the Trust is one of the few applicants to receive the highest level of recognition.
“This Platinum Level recognition reflects our proactive approach towards achieving net-zero by 2035 by engaging our tenants on all fronts of Sustainability and ESG. With our emission reduction and other Sustainability goals, along with the green lease standard, we strive to increase the positive environmental, social, and financial outcomes of our tenants and key stakeholders,” said Gordon Wadley, Chief Operating Officer – Dream Office REIT.
The Trust continues to put strategies in place to systematically consider and manage sustainability in everything we do. In 2021, we became official supporters of the Taskforce on Climate-related Financial Disclosures, which provides guidance and recommendations on climate-related risk and opportunity disclosures, and, as part of the Dream group of companies, committed to the United Nations Principles for Responsible Investment and the Net Zero Asset Managers initiative. These represent meaningful commitments to accountability and corporate responsibility. Recently, the Trust published its Net Zero by 2035 Action Plan, which outlines the proposed strategy and course of action to achieve net zero within the targeted timeline.
More information on Trust’s sustainability goals, performance, disclosures and initiatives can be found on our sustainability website.
About Green Lease Leaders program
Launched in 2014, Green Lease Leaders sets standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality, and sustainability in buildings. Green Lease Leaders represent portfolios totaling nearly 2 billion square feet (sq. ft.) and comprise a diverse range of buildings from large and small commercial offices to industrial buildings to data centers. Altogether, Green Lease Leaders manage more than 5 billion square feet of commercial and government space across North America, representing a huge potential for growth in green leases. Learn more about Green Leasing by visiting GreenLeaseLeaders.com or reading Green Lease Leaders’ case studies.
About Dream Office REIT
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. Dream Office has carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website: www.dreamofficereit.ca.
Forward-Looking Information
This press release may contain forward-looking information within the meaning of applicable securities legislation, including with respect to the trust’s sustainability goals, including the implementation of its Net Zero Action Plan, reaching net zero greenhouse gas emissions by 2035, and the Trust’s support and engagement with certain sustainability initiatives; and the Trust’s intention to engage tenants in respect of sustainability and environmental, social and governance matters (“ESG”), and the increase of related positive ESG and financial outcomes of tenants and key stakeholders. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, general and local economic and business conditions; risks associated with unexpected or ongoing geopolitical events, including disputes between nations, war, terrorism or other acts of violence, international sanctions and the disruption of the free movement and provision of goods and services across jurisdictions; employment levels; mortgage and interest rates and regulations; the uncertainties around the timing and amount of future financings; uncertainties surrounding the COVID-19 pandemic; the effect of government restrictions on leasing and building traffic; the ability of the Trust and its tenants to access government programs; the financial condition of tenants; our ability to refinance maturing debt; leasing risks, including those associated with the ability to lease vacant space; rental rates on future leasing; future parking revenues and interest and currency rate functions. Our objectives and forward-looking statements are based on certain assumptions, including that the general economy remains stable, interest rates remain stable, conditions within the real estate market remain consistent, competition for acquisitions remains consistent with the current climate and that the capital markets continue to provide ready access to equity and/or debt.
All forward-looking information in this press release speaks as of the date of this press release. The Trust does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is disclosed in filings with securities regulators filed on SEDAR (www.sedar.com). These filings are also available at the Trust’s website at www.dreamofficereit.ca.
Dream Office REIT
Michael J. Cooper
Chairman and Chief Executive Officer
(416) 365-5145
This email address is being protected from spambots. You need JavaScript enabled to view it.
Jay Jiang
Chief Financial Officer
(416) 365-6638
This email address is being protected from spambots. You need JavaScript enabled to view it.
Voltus prepares portfolio in anticipation of a projected 5,000 MW shortfall in MISO, while calling on state regulators and the Federal Energy Regulatory Commission (FERC) to lift demand response bans
SAN FRANCISCO & BOSTON--(BUSINESS WIRE)--Voltus, Inc. (“Voltus”), the leading DER software platform, announces today that its nearly 500 MW MISO portfolio is prepared to help meet anticipated supply shortages this summer. MISO’s 2022/2023 Capacity Auction last month revealed critical gaps in accredited capacity due to the increase in intermittent generation and the ongoing retirement of thermal generation across the region. As a result, customers in seven MISO zones spanning eleven US states have an increased risk of controlled outages to maintain system reliability this summer.
"Voltus entered the MISO market in 2016 with the foresight that demand-side resources would be a necessary backstop as our electricity grid transitioned from traditional fossil fuel generation to intermittent renewable sources of energy,” explains Matthew Plante, President. “The recent auction results reveal that we’re at a critical juncture where DERs must be leveraged to fill this gap and ensure the reliability and affordability of our electricity grid and the safety of our communities moving forward. Voltus’s portfolio of DERs is ready now to provide critical electricity grid relief.”
Plante explains that Voltus could be doing even more to help the electricity grid this summer. “We have been beating this drum for years: the reliability and affordability of the electric grid and the well-being of our communities are being jeopardized by state-level Public Utility Commissions’ (PUC) bans on demand side resources from participating in these markets. Nine out of the eleven MISO states that have banned aggregators from delivering all available demand response - Kentucky, Indiana, Iowa, Michigan, Minnesota, Missouri, North Dakota, South Dakota, and Wisconsin - fall within the seven MISO zones most at risk for blackouts and brownouts.” Plante emphasizes, “Voltus could add an additional 1,000 MWs to its existing MISO portfolio this summer through existing customer relationships across these states if these bans are lifted. We are working at all levels to press for the removal of these bans, thus reducing the likelihood of blackouts that harm the economy, the environment, and lead to the loss of lives.”
Voltus has been at the forefront of advocating for regulatory changes at the federal level, urging FERC to pass a Notice of Proposed Rulemaking (NOPR), which would disabuse state level bans entirely. Other groups, including the Industrial Energy Consumers of America (IECA), are also speaking out. Paul Cicio, IECA President, in Monday’s press release stated, “It is of immediate importance that FERC issue the NOPR that would reverse the state demand response Opt Out to avoid high electricity costs and serious reliability problems as early as this summer. This action will reduce inflation, electricity costs, and improve reliability.”
Voltus encourages customers across MISO to prepare for this summer’s potential shortfalls by enrolling in DER programs immediately. Participating in these programs not only provides an early warning of pending brownouts and blackouts, but also creates an additional revenue stream for these businesses. To get started, email This email address is being protected from spambots. You need JavaScript enabled to view it. or register for Voltus’s May 18, 2022 webinar by clicking here to learn more.
About Voltus
Voltus is the leading software technology platform connecting distributed energy resources to electricity markets, delivering less expensive, more reliable, and more sustainable electricity. Our commercial and industrial customers and DER partners generate cash by allowing Voltus to maximize the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in these markets. To learn more, visit www.voltus.co.
On November 30, 2021, Broadscale Acquisition Corp. ("Broadscale") (Nasdaq: SCLE) entered into a definitive agreement for a business combination with Voltus. The combined company is expected to be listed on the Nasdaq upon completion of the transaction. The transaction is expected to occur in the second quarter of 2022 and is subject to approval by Broadscale's stockholders, the registration statement being declared effective by the SEC, and other customary closing conditions.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to future results of operations and financial position, revenue and other metrics, planned products and services, business strategy and plans, objectives of management for future operations of Voltus market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Broadscale and its management, and Voltus and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive merger agreement with respect to the business combination; 2) the outcome of any legal proceedings that may be instituted against Voltus, Broadscale, the combined company or others following the announcement of the business combination and any definitive agreements with respect thereto; 3) the inability to complete the business combination due to the failure to obtain approval of the stockholders of Broadscale or Voltus, or to satisfy other conditions to closing the business combination; 4) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; 5) the ability to meet Nasdaq's listing standards following the consummation of the business combination; 6) the risk that the business combination disrupts current plans and operations of Voltus as a result of the announcement and consummation of the business combination; 7) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; 8) costs related to the business combination; 9) changes in applicable laws or regulations; 10) the possibility that Voltus or the combined company may be adversely affected by other economic, business and/or competitive factors; 11) Voltus’s estimates of its financial performance; 12) the risk that the business combination may not be completed in a timely manner or at all, which may adversely affect the price of Broadscale’s securities; 13) the risk that the transaction may not be completed by Broadscale’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Broadscale; 14) the impact of the novel coronavirus disease pandemic, including any mutations or variants thereof, and its effect on business and financial conditions; 15) inability to complete the PIPE investment in connection with the business combination; and 16) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in Broadscale’s registration statement on Form S-4 (File No. 333-262287), filed with the SEC on January 21, 2022 and as amended by Amendment No. 1 filed on March 18, 2022 (collectively, the “Registration Statement”), and other documents filed by Broadscale from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Broadscale nor Voltus gives any assurance that either Broadscale or Voltus or the combined company will achieve its expected results. Neither Broadscale nor Voltus undertakes any duty to update these forward-looking statements, except as otherwise required by law.
Use of Projections
This press release may contain financial or operational forecasts of Voltus. Neither Voltus’s independent auditors, nor the independent registered public accounting firm of Broadscale, audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this press release, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this press release. These projections should not be relied upon as being necessarily indicative of future results. The projected financial and/or operational information contained in this press release constitutes forward-looking information. The assumptions and estimates underlying such projected information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See “Forward-Looking Statements'' above. Actual results may differ materially from the results contemplated by the projected information contained in this press release, and the inclusion of such information in this press release should not be regarded as a representation by any person that the results reflected in such projections will be achieved.
Additional Information and Where to Find It
In connection with the proposed transaction, Broadscale has filed with the U.S. Securities and Exchange Commission the Registration Statement, which included a preliminary proxy statement and a preliminary prospectus. After the Registration Statement has been declared effective, Broadscale will mail a definitive proxy statement /prospectus relating to the proposed transaction to its stockholders as of the record date established for voting on the proposed transactions. Broadscale’s stockholders and other interested persons are urged to carefully read the Registration Statement, including the preliminary proxy statement / preliminary prospectus, and any amendments thereto, and, when available, the definitive proxy statement/prospectus and other documents filed in connection with the proposed transaction, as these materials contain, or will contain, important information about the proposed transaction and the parties to the proposed transaction.
Broadscale’s stockholders and other interested persons will be able to obtain free copies of the Registration Statement, the preliminary proxy statement / preliminary prospectus, the definitive proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC, without charge, when available, at the website maintained by the SEC at www.sec.gov.
The documents filed by Broadscale with the SEC also may be obtained free of charge at Broadscale’s website at https://www.broadscalespac.com or upon written request to 1845 Walnut Street, Suite 1111, Philadelphia, PA 19103.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Participants in the Solicitation
Broadscale and Voltus and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Broadscale’s stockholders in connection with the proposed transactions. Broadscale’s stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and executive officers of Broadscale listed in the Registration Statement. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from Broadscale’s stockholders in connection with the proposed business combination is set forth in the Registration Statement.
No Offer or Solicitation
This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
Investor Relations Contact – Voltus
John Lowe, VP Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media Contact – Voltus
Matt Dallas, ICR, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.