Expanded Matrix aimed at enterprise IoT systems that incorporate multiple types of connected devices, cloud services, and networking technologies
SEATTLE--(BUSINESS WIRE)--#CCM--The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today announced the Internet of Things (IoT) Controls Matrix Version 3 and the accompanying Guide to the CSA IoT Controls Matrix Version 3. Created by the CSA IoT Working Group, Version 3 of the Matrix builds upon previous iterations, increasing the number of controls to 199 while adding a new incident management domain and improving technical clarity and referencing. Together with the guide, the Matrix will help users – especially those with enterprise IoT systems that incorporate multiple types of connected devices, cloud services, and networking technologies – identify appropriate security controls and allocate them to specific architectural components, including devices, networks, gateways, and cloud services.
“The IoT market continues to expand with newly introduced advances in connectivity and autonomy across industry sectors. But relying on IoT-generated data and features requires organizations that adopt these new technologies to plan for accessible, secure, and resilient deployments. Given the rapid evolution of connected technologies and the constant flow of new threats, it can be challenging without a roadmap on how to move forward,” said Aaron Guzman, IoT Working Group Co-chair and one of the paper’s lead authors.
Version 3 of the Matrix can be used across numerous IoT domains from systems processing only “low-value” data with limited impact potential to highly sensitive systems that support critical services. The companion guide explains how to use the Matrix to evaluate and implement an IoT system, and provides a column-by-column description and explanation. Additionally, it has been updated to include industry profiles, which represent starting points for securing industry-specific IoT devices, such as medical devices, vehicles, and autonomous systems.
“Creating a safe IoT environment requires security engineering that addresses unique risks and employs appropriate mitigation measures. The IoT Controls Matrix offers up a starting point for organizations looking to better understand and implement security controls within their IoT architecture,” said Michael Roza, Risk, Audit Control and Compliance Professional and one of CSA’s Research Fellows and a lead author of all three versions of the IoT Controls Matrix.
The IoT Controls Matrix (formerly called the IoT Security Controls Framework), first released in early 2019, introduced 155 base-level security controls required to mitigate many of the risks associated with an IoT system that incorporates multiple types of connected devices, cloud services, and networking technologies. Today, it continues to be used by system architects, developers, and security engineers along with auditors and penetration testers in evaluating their implementations' security as they progress through the development lifecycle to ensure they meet industry-specified best practices.
The IoT Controls Matrix complements the CSA Cloud Controls Matrix, CSA Enterprise Architecture, and other best practices as part of a holistic approach to securing the cloud ecosystem. The Matrix and accompanying guide are free resources and are available for download now.
The CSA IoT Working Group develops frameworks, processes and best practices for securing connected systems. The Working Group addresses topics including data privacy, safety and security at the edge and in the cloud. Individuals interested in becoming involved in future IoT research and initiatives are invited to visit the Join page.
About Cloud Security Alliance
The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA's activities, knowledge, and extensive network benefit the entire community impacted by cloud — from providers and customers to governments, entrepreneurs, and the assurance industry — and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem. For further information, visit us at www.cloudsecurityalliance.org, and follow us on Twitter @cloudsa.
Kristina Rundquist
ZAG Communications for CSA
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ROCKVILLE, Md.--(BUSINESS WIRE)--#industrial--Standard Solar, Inc., a leader in the acquisition, development, ownership and operation of commercial and community solar, is partnering with Acadia Energy to develop a 7.5 megawatt (MW) solar farm in an industrial park in the Town of Fort Fairfield (Town), Maine. The area is on the western side of the former ReEnergy biomass plant site.
The solar farm will lease land from Smith’s Farm, Inc and land previously used for a biomass power facility owned by ReEnergy Biomass Operations, which transferred the site to the Town after the facility was decommissioned.
“The Fort Fairfield project will transform the least desirable area of the former industrial site into a clean energy producer that benefits the community while creating additional lots for the Town to lease or sell,” said Eric Partyka, Director of Business Development, Standard Solar. “The Town is showing tremendous leadership and vision in taking this step toward a more sustainable future. We are proud to partner with Acadia Energy to bring the Town and Aroostook County the benefits of local clean energy.”
“Former industrial sites are ideal for solar energy development,” said Glenn Walker of Acadia Energy. “Our partnership with Standard Solar on the Fort Fairfield project will provide a model that can be followed throughout Maine and around the U.S., showing how to successfully transition industrial sites with limited potential into a solar farm that will save money for local businesses and benefit the environment.”
“Fort Fairfield’s Town Manager, Andrea Powers, and the Town Council were instrumental in helping to appropriately site the project, while at the same time creating additional value for the Town through the preservation of several prime industrial sites for future development,” echoed Partyka and Walker.
The fixed tilt ground mount system is projected to generate 9,112 megawatt-hours in its first year of operation. Smith’s Farm will use approximately 10 percent of the power generated. The remainder will benefit other commercial and industrial organizations throughout Aroostook County.
Construction on the project is expected to begin in May, with completion targeted for the fourth quarter of this year.
About Standard Solar
Standard Solar is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 18 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 250 megawatts of solar across the United States. Standard Solar is based in Rockville, Md. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar.
For project acquisition and development inquiries, contact Eric Partyka, at This email address is being protected from spambots. You need JavaScript enabled to view it. and on LinkedIn.
About Acadia Energy
Acadia Energy is an NH-based developer of solar with over 20 MWs of solar in Maine under construction or in stages of development and a pipeline of over 300 MWs of solar and energy storage projects in the US. Acadia’s team has over 50 years experience working on renewable energy projects with communities, universities, and landowners. Acadia is focused on accelerating sensible renewable and energy storage projects in practical locations while creating value for landowners and project stakeholders. Learn more about Acadia Energy at acadiaenergyllc.com.
PR Contact:
Leah Wilkinson
Wilkinson + Associates for Standard Solar
703-907-0010
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The comprehensive solar panel project is designed to generate electricity equivalent to more than 70% of the Oak Hill site’s annual usage and reduce its carbon footprint by 60%
FRAMINGHAM, Mass. & OAK HILL, N.Y.--(BUSINESS WIRE)--#carbonreduction--GlaxoSmithKline (GSK) Consumer Healthcare and Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of a comprehensive solar panel project to serve GSK Consumer Healthcare’s Oak Hill, New York site. The project enables GSK Consumer Healthcare to reduce its carbon emissions.
Located in the scenic Catskill Mountains, the solar project near the Oak Hill site, which produces some of GSK Consumer Healthcare’s iconic oral health brands including Sensodyne, Pronamel, and parodontax for the US and Canadian markets, comprises over 17,000 modules with an estimated electricity generation capacity of 6.9 MW DC. This installation is designed to generate electricity equivalent to more than 70% of the Oak Hill site’s annual usage and reduce its carbon footprint by 60%.
“The completion of this project marks a pivotal moment for us at GSK Consumer Healthcare, as a continued step in the right direction for enacting real change that reduces our environmental impact and helps us deliver on our larger sustainability initiatives,” said Mike Allen, Sustainability Lead Consumer Health Supply Chain, GSK Consumer Healthcare. “The Oak Hill site is the 12th solar investment project for GSK and our Consumer Healthcare business, and we plan to implement additional major solar and wind energy investments in the UK and US to set us on track for 100% renewable electricity by 2025. We are thrilled to share news of this exciting milestone that we’ve reached working together with our partners and are committed and excited to continue building a more sustainable future.”
As the designated off-taker of the clean energy generated at the solar site, the completed project demonstrates GSK Consumer Healthcare’s larger ongoing commitment to its sustainability goals of reducing its Scope 1 and 2 carbon emissions by 100% by 2030.
“In order to form a more sustainable world, we need to work collaboratively with major corporations to implement energy-efficient solutions. I’m so thankful that we were able to work with an organization like GSK Consumer Healthcare, that has set forth aggressive goals for its future and truly understands the need to implement renewable technologies at a grand scale,” said Pete Christakis, Senior Vice President, Ameresco.
Project construction was completed in April 2022.
For more information on GSK Consumer Healthcare’s environmental commitments, visit www.gsk.com/en-gb/responsibility/environment/. To learn more about the solar power solutions for commercial and industrial project offered by Ameresco, visit https://www.ameresco.com/solution-solar-power/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and Europe. For more information, visit www.ameresco.com.
About GSK Consumer Healthcare
GSK Consumer Healthcare combines science and consumer insights to create innovative world-class health care brands that consumers trust and experts recommend for oral health, pain relief, respiratory and wellness. For further information please visit www.gsk.com.
The announcement of achieving commercial operations for an energy asset is not necessarily indicative of the timing or amount of revenue from the energy asset, of the company’s overall revenue for any particular period or of trends in the company’s overall total assets in development or operation. This project was included in our previously reported assets in development as of December 31, 2021.
Media:
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BOSTON--(BUSINESS WIRE)--#buildingsofthefuture--Schneider Electric, the leader in the digital transformation of energy management and automation, and recognized as the World’s most sustainable corporation in 2021 by Corporate Knights Global 100 Index, today announced two new solutions to increase building sustainability and efficiency while enhancing occupant comfort. EcoStruxure™ Building Operation 2022, a uniquely open and integrated smart building management system, and the SpaceLogic™ Insight-Sensor, a six-in-one room sensor with anonymous real-time people counting, will be gamechangers in the journey to net-zero carbon buildings. With these additions, Schneider Electric continues to enable customers to achieve up to 40% energy savings1 with EcoStruxure Building solutions.
Making building data and automation work for comfortable, net-zero carbon buildings Complex issues of global climate change and net-zero carbon mandates are increasing demands on buildings, which generate nearly 40% of the world’s CO2 emissions.2 EcoStruxure Building Operation 2022 and SpaceLogic Insight-Sensor deliver building owners and facility managers with granular visibility through open, integrated building systems and devices that easily connect and exchange information. The new offers also provide flexibility to adapt and respond to owners’, occupants’ and society’s needs both today and in the future. And they help deliver on the promise of IoT, ensuring that valuable building data can be accessed, standardized, secured, and analyzed for maximum efficiency and predictive maintenance using AI and machine learning.
“Schneider Electric is proud to be a part of the evolution of building technology at such a pivotal time for the industry. By providing these new leading solutions we will further help building owners, facility managers and our EcoXpert partners address the increasing pressures they face head-on,” says Andre Marino, SVP of Digital Buildings. “These open, data-centric solutions apply flexibility and insight to what are inherently rigid challenges of buildings. Solving these challenges is essential to meeting the demands of today’s modern buildings and supporting the new balance of remote work and office time, with priorities ranging from creating safe, healthy and flexible occupant spaces, to protecting the environment from climate change.”
EcoStruxure Building Operation 2022 takes open system integration to the next level
EcoStruxure Building Operation, part of the EcoStruxure Building ecosystem, is an open and scalable next-generation building management solution that provides a single control center for building and facility mangers to monitor, manage and optimize systems that were traditionally siloed. It allows bi-directional integration and exchange of any third-party system or device and does not lock-up customers’ data in proprietary languages or codes.
To achieve net-zero, buildings must become more digital and more electric. Building Operation 2022 provides simple integration, visibility and actionable data from microgrids, EV charging stations and renewable energy sources, in addition to previously integrated HVAC, power, lighting, security, fire systems, and more to create sustainable, energy- and operationally efficient, and comfortable buildings.
EcoStruxure Building Operation 2022 other new features and benefits include:
SpaceLogic™ Insight-Sensors increase occupant comfort while reducing energy use
Schneider Electric also introduces the SpaceLogic Insight-Sensor, an advanced six-in-one ceiling mounted room/zone sensor for people counting, occupancy, light, sound, temperature, and humidity sensing. Unlike traditional ventilation control that relies on schedules or CO2 levels, the SpaceLogic Insight-Sensor, which uses anonymous people-counting technology, responds to precise changes in room occupancy in real-time for optimal fresh air supply. The direct integration with EcoStruxure Building Operation enables fast response time with no additional design, configuration or commissioning costs.
When more people enter a room, the Insight-Sensor informs EcoStruxure Building Operation, which dynamically adjusts room ventilation, reacting quickly before conditions become uncomfortable. Conversely, the Insight-Sensor ensures that energy use for HVAC or lighting is reduced when rooms are at low or zero occupancy.
SpaceLogic Insight-Sensor delivers these additional features and benefits:
Discover how the #BuildingsOfTheFuture will help you #BuildItForlife
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Discover Life Is On 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
Hashtags: #BuildingsOfTheFuture #SmartBuildingPlatform #EcoStruxure #BuildingManagementSystem #SmartRoomSensor
Related resources - Whitepapers:
Flexible Buildings: Five elements to create buildings ready for the new world of work
Smart Buildings: A Framework for Assessing the “Openness” of a Building Management System (BMS)
Three Essential Elements of a Next Generation Building Management System (BMS)
1 up to 40% energy savings for a typical EcoStruxure Building Operation customer (from analysis of 27 recent case studies) vs an industry average of 10-25% from a typical BMS (source: American Council for Energy Efficiency Economy).
2 Architecture 2030, 2020
Schneider Electric Media Relations – Vicki True; This email address is being protected from spambots. You need JavaScript enabled to view it.; 774-613-1158
PR agency for Schneider Electric – LEWIS Global Communications; Lauren Johnson; This email address is being protected from spambots. You need JavaScript enabled to view it.
WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.5950 per unit ($2.38 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 to March 31, 2022. The distribution will be paid May 13, 2022 to unitholders of record as of the close of business on May 9, 2022.
Non-U.S. Withholding Information
This press release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100%) of GLP’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, GLP’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.
About Global Partners LP
With approximately 1,700 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.
Forward-looking Statements
Certain statements and information in this press release may constitute “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Global’s current expectations and beliefs concerning future developments and their potential effect on the Partnership. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Partnership will be those that it anticipates. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Partnership’s control) including, without limitation, the impact and duration of the COVID-19 pandemic, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products we sell and the services that we provide, uncertainty around the impact of the COVID-19 pandemic to our counterparties and our customers and their corresponding ability to perform their obligations and/or utilize the products we sell and/or services we provide, uncertainty around the impact and duration of federal, state and municipal regulations related to the COVID-19 pandemic, and assumptions that could cause actual results to differ materially from the Partnership’s historical experience and present expectations or projections.
For additional information regarding known material factors that could cause actual results to differ from the Partnership’s projected results, please see Global’s filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Global undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
Gregory B. Hanson
Chief Financial Officer
Global Partners LP
(781) 894-8800
Sean T. Geary
Chief Legal Officer and Secretary
Global Partners LP
(781) 894-8800
Highlights EQ’s efforts to regenerate urban spaces, preserve local culture and bring humanity into workplaces
CHICAGO--(BUSINESS WIRE)--EQ Office, a leader in creating inspiring workplace destinations, today released its second annual Environmental, Social and Governance (ESG) Report highlighting the company’s progress on its commitment to preserving local culture, regenerating urban spaces and bringing humanity into the workplace.
“At EQ, our business goes beyond four walls and is rooted in putting people first,” said Charlie Hobey, Managing Director and interim head of ESG at EQ Office. “Every year, it is a central priority to enhance our efforts to inspire the next generation of talent, celebrate diversity, cultivate an inclusive culture and build thriving, eco-friendly communities around the country.”
EQ Office launched its ESG program, EQ Impact, in 2021 to provide access and opportunities for career growth and talent development. Highlights from EQ’s 2021 ESG report include:
1. Social Impact: Preserving local culture
EQ Office expanded its national partnership with YouthBuild USA. Through the partnership, EQ seeks to expand job training, mentorship, and job placement to opportunity youth — young adults between the ages of 16 and 24 who are neither in school nor employed — who want a career in real estate or construction-related fields.
EQ Office launched mentorship-to-internship programs in eight cities and supported the transformation of the YouthBuild center in Compton, California into a space where generations can learn and grow. Last year, EQ Office and more than 30 vendors renovated and refurbished Compton YouthBuild, donating 5,516 hours and over $1.2 million in value. The company plans to redevelop another YouthBuild property in 2022.
2. Environmental Impact: Regenerating urban spaces
EQ Office is committed to creating sustainable spaces for tenants, team members, partners and the greater community. In 2021, the company invested $27 million in environmental capital improvements and evaluated each potential investment for its ability to enhance efficiencies, re-use local materials and lower operating costs.
The company’s prioritization of responsible energy, water and waste management and procurement has led to 42 buildings achieving green certifications like Energy Star, LEED or BOMA 360 and 60% of its buildings offering composting. EQ also reduced electricity consumption by 10% across properties and doubled its procurement of clean energy to power 69% of buildings in its portfolio.
3. Governance Impact: Bringing humanity into workplaces
In 2021, over 80% of the company’s vendor searches met Diversity, Equity and Inclusion (DEI) standards. Additionally, EQ Office’s DEI Task Force developed a library of educational resources, coordinated multiple events that celebrate diverse heritages and planned a series of DEI workshops to offer all EQ employees in 2022.
For more information on EQ Impact’s ESG program, view the company’s 2nd annual ESG Report here, along with the Executive Summary Report here.
About EQ Office
EQ focuses on the experience of its 20 million square feet - how space feels, activates and performs to amplify the human experience. We're proud to work hand-in-hand with more than 1,500 customers of all sizes, from Fortune 100 companies to emerging startups, to bring humanity back to the workplace. Our diverse team of more than 200 professionals is responsible for creating inspired office environments in major cities across the country including Chicago, New York, Los Angeles, San Francisco and Seattle. As a U.S. office portfolio company wholly owned by Blackstone's real estate funds, we have the resources to lead the changes happening in work space. Explore your space for greatness at www.eqoffice.com.
About YouthBuild USA
With love and respect, YouthBuild partners with opportunity youth to build the skillsets and mindsets that lead to lifelong learning, livelihood, and leadership. At more than 275 YouthBuild programs across the United States and around the world, students reclaim their education, gain job skills, and become leaders in their communities. To date, YouthBuild has partnered with more than 180,000 young people to dedicate over 50 million hours of service benefitting urban, rural, and tribal communities. YouthBuild strives to create a world where all young people are seen for their potential, and power to transform themselves and their communities. YouthBuild USA — the support center for the YouthBuild movement — strengthens YouthBuild programs through technical assistance, leadership development, innovative program enhancements, and advocacy. YouthBuild programs located outside of the United States are supported by YouthBuild USA’s international division, YouthBuild International. For more information about the YouthBuild movement, YouthBuild USA, and YouthBuild International, visit YouthBuild.org.
Elliot Golan
Allison+Partners
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DUBLIN--(BUSINESS WIRE)--The "Global Solar Water Heater Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
The global solar water heater market is evaluated at US$2.613 billion for the year 2020 and is expected to grow at a CAGR of 7.51% to reach the market size of US$4.338 billion by the year 2027.
Conventional water heaters that use fossil fuels and electricity as a power source are efficiently replaced by solar water heaters, indicating the potential for solar water heater market growth. The rising carbon emissions in the atmosphere are also pointing to the need for eco-friendly systems and devices. The eco-friendly nature showcased by solar water heaters is boosting the demand for solar water heaters in the global market. The increasing need for energy-efficient technologies for the future is also pushing the market growth of solar water heaters over conventional water heaters. The support offered by international governments and environmental organizations in utilizing solar energy for various purposes is fuelling the market for solar water heaters.
The recent outbreak of the COVID pandemic has severely affected the market growth of solar water heaters. The market growth of solar water heaters has been slowed down, due to the impact of the COVID pandemic on the market. The lockdowns and isolations imposed by the government as a preventive measure against the COVID spread have adversely affected the production sector of solar water heaters. The shutdown of production units and manufacturing plants as a result of lockdowns leads to less production of solar water and components in the market. The application of solar water heaters for industrial purposes has also been stopped due to the shutdown of industries. The impact of the COVID pandemic on industries and production sectors has adversely affected the market for solar water heaters. The stoppage and regulations in supply chain sectors of solar water heater components also hindered the export and import rate of solar water heater components resulting in the downfall of the market.
There is a rising demand for eco-friendly and energy-efficient heating solutions
The rising demand for eco-friendly and energy-efficient heating solutions is driving the market for solar water heaters in the global market. Solar water heaters are considered highly energy-efficient compared to conventional water heaters. According to the reports of the IEA (International Energy Agency), solar water heaters are expected to decrease the running cost of the device by about 25 to 50% compared to conventional water heaters. Solar water heaters' zero-carbon emission rate is also expected to drive up demand for solar water heaters in the coming years. According to the "Kyoto Protocol," which was signed by international governments and limits carbon emissions from each country's industrial and commercial areas, The eco-friendly properties showcased by solar water heaters are making the industry, replace conventional water heaters with solar water heaters. The energy and cost efficiency offered by solar water heaters are also increasing the acceptability and popularity of solar water heaters for households and domestic purposes.
Support offered by the government
The support offered by international governments and governmental agencies is also boosting the market growth of solar water heaters. The carbon limit given to each country means the government must support and promote fewer carbon emission devices and systems. The policies and regulations imposed by governments on industries and production plants to reduce carbon emissions are also increasing the demand for solar water heaters for industrial applications. The investment given by the government for new developments and research in sustainable energy solutions is also driving the market for solar-powered equipment and devices in the market, contributing to the market growth of solar water heaters.
The Asia-Pacific region holds the majority of the market share.
Geographically, the Asia-Pacific region is the region showing the most drastic growth in the market share of the solar water heater market. The increasing government support and policies for promoting solar equipment and systems are contributing to the market growth of solar water heaters in the Asia Pacific region. The presence of large tech and industrial giants in the Asia-Pacific region is also increasing the market share of solar water heaters in the region.
Market Segmentation
By Type
By capacity
By End-User
By Geography
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/81gd7p
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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BOTHELL, Wash.--(BUSINESS WIRE)--The Clean Energy Fund of the Washington State Department of Commerce has funded Qualco Energy to deploy a hydrogen generation solution from Modern Electron. The Qualco Energy renewable biogas project in Snohomish County leverages Modern Electron’s cost-efficient and environmentally friendly method for producing clean hydrogen with no CO2 emissions. The clean hydrogen produced by Modern Electron will be utilized for power generation that delivers electricity to a local community of 300 homes.
Qualco Energy, a partnership of the Tulalip Tribes, Northwest Chinook Recovery and the Werkhoven Dairy, will deploy Modern Electron’s novel natural gas pyrolysis technology to produce clean hydrogen. Using renewable biogas as the methane feedstock, Modern Electron’s technology delivers hydrogen and high value carbon credits from verifiable carbon sequestration. The Biogas is collected from a dairy anaerobic digester operation. By using the cow manure in a digester instead of applying it directly to farm fields, Qualco helps to prevent the cow manure from being washed into streams and rivers during flood events and helps the dairy to use the nutrients in the manure more efficiently. The biogas from the project is also used to generate electricity used by the Snohomish County Public Utility District Number 1.
Hydrogen enables significant reductions in greenhouse gas emissions. As a fuel, hydrogen burns cleanly and only emits water vapor as exhaust. Hydrogen can be used in almost every application from furnaces and boilers to engines and fuel cells that today use natural gas.
Dr. Amit Goyal, Director of Technology at Modern Electron, said, “Our innovative process uses renewable biogas to produce hydrogen and sequesters solid carbon at the same time. This new technique yields net negative emissions with significant environmental benefits, without the high cost of CO2 capture. We can also directly weigh the solid carbon we pull out from the biogas, and every kilogram of solid carbon we put into the ground directly translates to verifiable emissions captured and avoided.”
The demand for clean hydrogen for decarbonization is rapidly increasing from commercial buildings, industrial manufacturing, offices, hotels, food processing, power generation, transportation, schools, and government facilities. Modern Electron’s solutions produce clean hydrogen onsite, where the hydrogen can be used immediately, without the logistics of traditional hydrogen transportation and storage.
“Outside of the transportation sector, almost half of our energy in the USA comes from natural gas,” said Max Mankin, CTO of Modern Electron. “Removing CO2 emissions from natural gas use would be revolutionary towards combating climate change, without compromising affordability and energy security. I’m thrilled to partner with Qualco Energy and the Tulalip Tribes to lower CO2 emissions and provide affordable energy as an early step on the way to that goal.”
Modern Electron’s solutions produce hydrogen from biogas and natural gas, both domestic fuels that are readily available and have resilient delivery systems. This approach to reducing CO2 emissions leverages the USA’s vast natural gas network. Combined with Modern Electron technology, existing gas distribution infrastructure is ready to enable wide-scale reductions in CO2 emissions. This existing pipeline capacity will also help electric grid resiliency by enabling distributed power generation with clean hydrogen.
"The U.S. has about 3 million miles of natural gas pipelines and associated infrastructure worth several trillion dollars," said Tony Pan, CEO of Modern Electron. "Decarbonization solutions that can reuse gas infrastructure will save the world of trillions of dollars of infrastructure overhauls, and speed up reaching net zero by decades."
Modern Electron and Qualco Energy’s project directly supports the goals of the State of Washington for the deployment of clean energy technologies that save energy, reduce costs, and eliminate harmful emissions. The project also addresses inclusion of vulnerable populations and tribal communities, increasing energy independence of the state, and increasing use of renewable, carbon-neutral biogas.
The pilot plant will be implemented at a bio digestor site operated by Qualco Energy located at a dairy farm in Monroe, Washington. An environmental consultant from the Tulalip Tribes will provide guidance and reporting on net environment impact of the project and its integration with the dairy farm and local environment.
Media:
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Distribution Represents More Than 30 Percent Increase Compared to Prior Year
DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.20 per Energy Transfer common unit ($0.80 on an annualized basis) for the first quarter ended March 31, 2022, which will be paid on May 19, 2022 to unitholders of record as of the close of business on May 9, 2022.
The distribution per unit is more than a 30 percent increase over the first quarter of 2021 and represents another step in Energy Transfer’s plan to return additional value to unitholders while maintaining its target leverage ratio of 4.0x-4.5x debt-to-EBITDA. Future increases to the distribution level will be evaluated quarterly with the ultimate goal of returning distributions to the previous level of $0.305 per quarter, or $1.22 on an annual basis, while balancing the partnership’s leverage target, growth opportunities and unit buy-backs.
In addition, as previously announced, Energy Transfer plans to release earnings for the first quarter of 2022 on Wednesday, May 4, 2022, after the market closes. The company will also conduct a conference call on Wednesday, May 4, 2022 at 3:30 p.m. Central Time/4:30 p.m. Eastern Time to discuss quarterly results and provide a company update. The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer’s website at energytransfer.com. The call will also be available for replay on Energy Transfer’s website for a limited time.
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in North America, with a strategic footprint in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at energytransfer.com.
Forward Looking Statements
This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results, including future distribution levels and leverage ratio, are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. In addition to the risks and uncertainties previously disclosed, the Partnership has also been, or may in the future be, impacted by new or heightened risks related to the COVID-19 pandemic, and we cannot predict the length and ultimate impact of those risks. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
This release serves as qualified notice to nominees as provided for under Treasury Regulation section 1.1446-4(b)(4) and (d). Please note that 100 percent of Energy Transfer LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Energy Transfer LP’s distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Energy Transfer LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.
The information contained in this press release is available on our website at energytransfer.com.
Investor Relations:
Bill Baerg
Brent Ratliff
Lyndsay Hannah
214-981-0795
Media Relations:
Vicki Granado
214-840-5820
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Schneider Electric, the leader in the digital transformation of energy management and automation, and recognized as the World’s most sustainable corporation in 2021 by Corporate Knights Global 100 Index, today announced two new solutions to increase building sustainability and efficiency while enhancing occupant comfort. EcoStruxure™ Building Operation 2022, a uniquely open and integrated smart building management system, and the SpaceLogic™ Insight-Sensor, a six-in-one room sensor with anonymous real-time people counting, will be gamechangers in the journey to net-zero carbon buildings. With these additions, Schneider Electric continues to enable customers to achieve up to 40 per cent energy savings1 with EcoStruxure Building solutions.
Making building data and automation work for comfortable, net-zero carbon buildings
Complex issues of global climate change and net-zero carbon mandates are increasing demands on buildings, which generate nearly 40 per cent of the world’s CO2 emissions.2 EcoStruxure Building Operation 2022 and SpaceLogic Insight-Sensor deliver building owners and facility managers with granular visibility through open, integrated building systems and devices that easily connect and exchange information. The new offers also provide flexibility to adapt and respond to owners’, occupants’ and society’s needs both today and in the future. And they help deliver on the promise of IoT, ensuring that valuable building data can be accessed, standardized, secured, and analyzed for maximum efficiency and predictive maintenance using AI and machine learning.
“Schneider Electric is proud to be a part of the evolution of building technology at such a pivotal time for the industry. By providing these new leading solutions we will further help building owners, facility managers and our EcoXpert partners address the increasing pressures they face head-on,” says Andre Marino, SVP of Digital Buildings. “These open, data-centric solutions apply flexibility and insight to what are inherently rigid challenges of buildings. Solving these challenges is essential to meeting the demands of today’s modern buildings and supporting the new balance of remote work and office time, with priorities ranging from creating safe, healthy and flexible occupant spaces, to protecting the environment from climate change.”
EcoStruxure Building Operation 2022 takes open system integration to the next level
EcoStruxure Building Operation, part of the EcoStruxure Building ecosystem, is an open and scalable next-generation building management solution that provides a single control center for building and facility mangers to monitor, manage and optimize systems that were traditionally siloed. It allows bi-directional integration and exchange of any third-party system or device and does not lock-up customers’ data in proprietary languages or codes.
To achieve net-zero, buildings must become more digital and more electric. Building Operation 2022 provides simple integration, visibility and actionable data from microgrids, EV charging stations and renewable energy sources, in addition to previously integrated HVAC, power, lighting, security, fire systems, and more to create sustainable, energy- and operationally-efficient, and comfortable buildings.
EcoStruxure Building Operation 2022 other new features and benefits include:
SpaceLogic™ Insight-Sensors increase occupant comfort while reducing energy use
Schneider Electric also introduces the SpaceLogic Insight-Sensor, an advanced six-in-one ceiling mounted room/zone sensor for people counting, occupancy, light, sound, temperature, and humidity sensing. Unlike traditional ventilation control that relies on schedules or CO2 levels, the SpaceLogic Insight-Sensor, which uses anonymous people-counting technology, responds to precise changes in room occupancy in real-time for optimal fresh air supply. The direct integration with EcoStruxure Building Operation enables fast response time with no additional design, configuration or commissioning costs.
When more people enter a room, the Insight-Sensor informs EcoStruxure Building Operation, which dynamically adjusts room ventilation, reacting quickly before conditions become uncomfortable. Conversely, the Insight-Sensor ensures that energy use for HVAC or lighting is reduced when rooms are at low or zero occupancy.
SpaceLogic Insight-Sensor delivers these additional features and benefits:
Discover how the #BuildingsOfTheFuture will help you #BuildItForlife
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
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Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights
Hashtags: #SmartBuildingPlatform #EcoStruxure #BuildingManagementSystem #SmartRoomSensor
Related resources - Whitepapers:
Flexible Buildings: Five elements to create buildings ready for the new world of work
Smart Buildings: A Framework for Assessing the “Openness” of a Building Management System (BMS)
Three Essential Elements of a Next Generation Building Management System (BMS)
1 up to 40 per cent energy savings for a typical EcoStruxure Building Operation customer (from analysis of 27 recent case studies) vs an industry average of 10-25% from a typical BMS (source: American Council for Energy Efficiency Economy).
2 Architecture 2030, 2020
Media Relations - Edelman on behalf of Schneider Electric, Juan Pablo Guerrero, Phone: +1 416 875 7173, Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New Mexico have been independently certified and received the top grade for methane emissions management. The certification from MiQ helps the company meet customer demand for energy produced with fewer emissions. ExxonMobil is the first company to achieve certification for natural gas production associated with oil.
“This certification further validates the steps we have taken to reduce methane emissions, which is part of our plans to achieve net zero Scope 1 & 2 greenhouse emissions in our Permian Basin unconventional operations by 2030,” said Tom Schuessler, senior vice president of unconventional at ExxonMobil. “Certification gives our customers confidence that we are responsibly producing natural gas with best-in-class emission management programs to help them meet their emissions goals.”
MiQ awarded the “A” grade certification because of ExxonMobil’s extensive multi-tiered technology approach to methane monitoring and mitigation at its Poker Lake facilities in New Mexico. These efforts include a combination of fixed monitoring systems, aerial imaging technology, optical gas imaging cameras, proprietary acoustic sensors, and robust leak detection and repair practices. Responsible Energy Solutions performed ExxonMobil’s assessment using the MiQ Standard.
“It’s widely accepted that it’s now the time to take steps to limit the effects of climate change and reducing methane emissions is one of the most significant actions we can take,” said Georges Tijbosch, CEO of MiQ. “MiQ is pioneering Independently Certified Gas to help accelerate methane reductions from the natural gas industry and, as one of the world’s largest energy companies, ExxonMobil’s expansion of the certification program demonstrates that Independently Certified Gas is rapidly becoming the status quo.”
ExxonMobil is expanding the certification process to other operating areas, including Appalachia natural gas operations in Pennsylvania and West Virginia. It is now selling commercial volumes to customers, including Xcel Energy, which plans to use the natural gas to power homes, schools and businesses in southeastern New Mexico with fewer lifecycle emissions than non-certified natural gas.
“Xcel Energy is committed to delivering net-zero energy by 2050 across all the ways our customers use energy, and that includes powering our generating fleet with natural gas purchased only from suppliers with certified low-methane emissions by 2030,” said David Hudson, president of Xcel Energy in New Mexico and Texas. “Fueling our New Mexico power plants with ExxonMobil’s certified natural gas is an important step in that direction and enables us to achieve the cleaner energy future we’re all envisioning.”
ExxonMobil has played a leadership role in methane mitigation and supports strong measurement, reporting and verification standards as part of a broad suite of regulations to help reduce methane emissions. ExxonMobil is a founding member of the Methane Guiding Principles, and in 2020 introduced a model regulatory framework for industry-wide methane regulations. ExxonMobil supports the U.S. and European Union’s Global Methane Pledge, the proposed U.S. Methane Emissions Reduction Action Plan and the Oil and Gas Climate Initiative’s Aiming for Zero Methane Emissions.
Mitigating methane emissions is an important component of ExxonMobil’s plans to achieve net zero Scope 1 & 2 greenhouse gas emissions in the Permian Basin unconventional assets by 2030. Other parts of the plan include electrifying operations using renewable and lower-carbon power sources, eliminating routine flaring by year-end 2022, upgrading equipment and enhancing processes.
Similar GHG emission-reduction road maps are being developed for the company’s major operated upstream, refining and chemicals assets around the world. ExxonMobil has announced an ambition to achieve net zero Scope 1 and 2 greenhouse gas emissions for its major operated assets by 2050, as detailed in the 2022 Advancing Climate Solutions Progress Report.
About ExxonMobil
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.
The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. To learn more, visit exxonmobil.com and the Energy Factor.
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Cautionary Statement
Outlooks; projections; goals; descriptions of strategic plans and objectives are forward-looking statements. Similarly, emission-reduction roadmaps to drive toward net zero are dependent on future market factors, such as continued technological progress and policy support, and represent forward-looking statements. Forward-looking statements include plans to capture methane and detect leaks ; achieve ambitions to reach Scope 1 and Scope 2 net zero from operated assets by 2050, or Scope 1 and Scope 2 net zero in Upstream Permian operated assets by 2030, the elimination of routine flaring in-line with World Bank Zero Routine Flaring, or the completion of major asset emission-reduction roadmaps. Actual future results could differ materially due to a number of factors. These include the effectiveness of third party certifications; development and pace of supportive market conditions and national, regional and local policies relating to emission reductions, including methane leaks; changes in laws and regulations including laws and regulations regarding greenhouse gas emissions, carbon costs, and taxes; trade patterns and the development and enforcement of local, national and international mandates and treaties; unforeseen technical or operational difficulties; the ability to bring new technologies to commercial scale on a cost-competitive basis, including large-scale hydraulic fracturing projects and methane leak detection technologies; changes in supply and demand and other market factors affecting future prices of oil, gas, and petrochemical products; and other factors discussed in this release and under the heading “Factors Affecting Future Results” on the Investors page of ExxonMobil’s website at exxonmobil.com.
ExxonMobil Media Relations
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DUBLIN--(BUSINESS WIRE)--The Board of Directors of power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.81 per ordinary share. The dividend is payable May 27, 2022, to shareholders of record at the close of business on May 13, 2022. Eaton has paid dividends on its shares every year since 1923.
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society.
Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn.
Jennifer Tolhurst, +1 (440) 523-4006
Program brings relief to underserved businesses needing their own water treatment.
CLEARWATER, Fla.--(BUSINESS WIRE)--$OCLN #cleanwater--OriginClear Inc. (OTC Pink: OCLN), a leader in clean water innovation, announces that it will spin off its Water On Demand™ business. Water On Demand is a breakthrough water fintech startup that finances private water utility programs.
“Water On Demand can help businesses eliminate or mitigate their dependency on municipal sewage treatment, which can be costly or even totally unavailable,” said Riggs Eckelberry, OriginClear CEO. “This is a growing trend as city water systems fall behind on funding ─ and populations increasingly migrate away from big urban centers. For waste water producers, the ability to pay-as-you-go for water treatment services is revolutionary. For investors, Water On Demand enables them to participate in the financing of these services at a stage we believe is undervalued.”
"There is no more important commodity than clean water,” said Ken Berenger, OriginClear Executive Vice President. “Let’s face it, dollar inflation is a fact of life today, and investors need to find shelter in physical, income-bearing assets; but the challenge is finding an asset that is not overvalued right now.”
Water On Demand™ gives investors the opportunity to potentially earn royalties from private water utility projects serving industrial and agricultural businesses that are not being adequately served by America’s underfunded municipal water systems. With Water On Demand, these businesses can simply sign a contract for water treatment without upfront capital or the need to do their own costly maintenance. Customers simply pay by the gallon of treated wastewater.
In addition to royalties, early investors are entitled to receive equity grants in OriginClear. The first $20 million of investment capital will also receive dilution-protected shares in the new subsidiary.
The launch of Water On Demand is the first of several anticipated business property spinoffs.
“We have an array of outstanding brands,” said Tom Marchesello, OriginClear COO. “But the most immediate candidate is Water On Demand, which has the potential to bring hundreds of significant investments into badly-needed water projects, transforming the state of water as we know it.”
Other Company business properties include Modular Water Systems, which owns a master license to five key international patents for prefabricated, highly-durable modular water treatment and pumping products. Being a proprietary technology, MWS frequently qualifies as “Basis of Design” for projects, which means that competitors cannot easily undercut MWS.
“With the support of our amazing investors and backers, we have incubated a series of valuable brands, and it’s time to help them shine on their own,” said Riggs Eckelberry, OriginClear CEO. “We believe that through Crowdfunding platforms we can launch and fund a series of highly focused ‘pure plays’ that can leverage targeted strategic partnerships and have the potential to be future stand-alone public companies.”
Recently, OriginClear agreed in principle to an arrangement with Houston-based, international water service company Envirogen Technologies for certain operations and maintenance (O&M) functions, the first of a potential series of such partnerships, intended to enable Water On Demand to focus on finance and asset management while the water industry benefits from a steady stream of pre-capitalized projects. This focus on capital makes Water On Demand a true fintech startup in the water industry. In March, it met its first $1 million milestone in dedicated capital.
Accredited investors interested in a water asset investment should contact This email address is being protected from spambots. You need JavaScript enabled to view it. or click on the Invest button on the www.originclear.com website.
About OriginClear Inc.
OriginClear leads the self-reliant water revolution, democratizing water investment by developing a marketplace to connect investors with water projects; and commercializing modular, prefabricated, filter-free advanced systems for faster sanitation worldwide. With America’s broken infrastructure and 100 billion dollars of government spending to fix the nation’s 150,000-plus water systems, OriginClear is helping them “cut the cord,” by developing outsourced pay-per-gallon programs and a future digital currency to streamline payments. Our line of Modular Water products and systems is key to the self-reliant water treatment revolution as they create “instant infrastructure” – fully engineered, prefabricated and prepackaged systems that use durable, sophisticated materials.
For more information, visit the company’s website: www.OriginClear.com
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OriginClear Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements. When used in this release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein.
These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization, and if or when the Company will receive and/or fulfill its obligations under any purchaser orders. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason except as may be required under applicable laws.
Media Contact
The Pontes Group
Lais Pontes Greene, (954) 960-6083
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www.thepontesgroup.com
Investor Relations and Press Contact:
Devin Angus
Toll-free: 877-999-OOIL (6645) Ext. 3
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www.OriginClear.com
TULSA, Okla.--(BUSINESS WIRE)--Williams’ (NYSE: WMB) board of directors has approved a regular dividend of $0.425 per share, or $1.70 annualized, on the company’s common stock, payable on June 27, 2022, to holders of record at the close of business on June 10, 2022.
This is a 3.7% increase from Williams’ second-quarter 2021 quarterly dividend of $0.41 per share, paid in June 2021.
Some portion of this distribution may be considered a return of capital for tax purposes. Additional information regarding return of capital distributions is available at Williams’ investor relations website.
Williams has paid a common stock dividend every quarter since 1974.
About Williams
Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use. www.williams.com
Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company’s annual and quarterly reports filed with the Securities and Exchange Commission.
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(800) 945-8723
INVESTOR CONTACT:
Danilo Juvane
(918) 573-5075
Grace Scott
(918) 573-1092
HOUSTON, Texas--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today it will release financial and operating results for the first quarter 2022 and post an updated corporate presentation after market close on Wednesday, May 4, 2022. SilverBow will host a conference call to discuss its results on Thursday, May 5, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time).
Dial-In: |
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1-833-772-0370 (U.S.) 1-236-738-2241 (International) Request SilverBow Resources First Quarter 2022 Earnings Conference Call Conference ID: 3815289 |
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Live and rebroadcast over the internet at: |
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A replay will be available approximately two hours after the call through Friday, June 3, 2022 at 10:59 p.m. Central Time (11:59 p.m. Eastern Time). The replay may be accessed by dialing 1-800-585-8367 or 1-416-621-4642, and referencing the Conference ID: 3815289. |
ABOUT SILVERBOW RESOURCES, INC.
SilverBow Resources, Inc. (NYSE: SBOW) is a Houston-based energy company actively engaged in the exploration, development, and production of oil and gas in the Eagle Ford Shale and Austin Chalk in South Texas. With over 30 years of history operating in South Texas, the Company possesses a significant understanding of regional reservoirs which it leverages to assemble high quality drilling inventory while continuously enhancing its operations to maximize returns on capital invested. For more information, please visit www.sbow.com. Information on the Company’s website is not part of this release.
Jeff Magids
Director of Finance & Investor Relations
(281) 874-2700, (888) 991-SBOW
DUBLIN--(BUSINESS WIRE)--The "Global Aviation Lubricant Market (2022-2027) by Type, Material, End-User, Application, Aircraft Type, Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Aviation Lubricant Market is estimated to be USD 3.12 Bn in 2022 and is expected to reach USD 4.6 Bn by 2027, growing at a CAGR of 8.09%.
Market dynamics are forces that impact the prices and behaviors of the Global Aviation Lubricant Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentation
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Aviation Lubricant Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses Global Aviation Lubricant Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/jd8ufi
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, was recently named a 2022 Best Employer for Diversity by Forbes, marking the second consecutive year the company has received the distinction.
"Building and promoting an inclusive workplace is critical to our organization because it creates an environment where employees are empowered,” said Shelley Simpson, chief commercial officer and executive vice president of people and human resources at J.B. Hunt. “Our employees bring diverse perspectives and ideas to the company, and we are confident they will continue to move us forward as an industry leader.”
To determine the Best Employers for Diversity, Forbes partnered with Statista, a market research company, to survey more than 60,000 U.S. individuals who work for companies with at least 1,000 employees. Respondents were asked to rate organizations based on a set of criteria, including age, gender, ethnicity, disability, LGBTQIA+ & general diversity in their current workplace. Evaluations were also based on diversity among top executives and recommendations in which participants assessed other employers in their respective industries.
J.B. Hunt offers various initiatives to promote the value of an inclusive workplace for employees, their families and communities. The company has multiple employee resource groups which provide employees the opportunity to connect with one another and encourage growth and development within the organization. Additionally, J.B. Hunt launched its Office of Inclusion in 2021, to lead the company’s Enterprise Inclusion strategy and help foster a more inclusive culture. J.B. Hunt is also working closely with the University of Arkansas Sam M. Walton College of Business to address inclusivity in the supply chain. The two launched a collaboration in 2020 to increase awareness of inclusion and diversity in the industry, and this year, will award the first recipient of an endowed scholarship program to encourage students to pursue supply chain careers and contribute to the college’s diverse educational environment.
About J.B. Hunt
J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.
Brittnee Davie
Vice President - Marketing
479.419.3178
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COLTON, Calif.--(BUSINESS WIRE)--Ecotec International Holdings, LLC (“ECOTEC”) today announced a strategic minority equity investment by Archrock, Inc. (“Archrock”), Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression. In addition to the strategic investment, Archrock will also begin offering ECOTEC’s suite of solutions to its customers in support of their sustainability goals.
Archrock is the leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment in the U.S.
The strategic investment by Archrock accelerates ECOTEC’s expansion into the oil and gas industry. With over thirty years of expertise providing a comprehensive ecosystem of methane solutions in the natural gas, biogas, carbon credit and air quality industries, the oil and gas industry is a key area of growth for ECOTEC. ECOTEC’s combination of cutting-edge instrumentation and software provides accurate and directly measured emissions data, which is auditable by third-party organizations, and directly applicable to helping solve the decarbonization challenges faced by the oil and gas industry.
Tim Novick, President and Chief Executive Officer of ECOTEC, said, “We are thrilled to partner with Archrock as an increasing number of oil and gas companies commit to thoughtful ESG strategies to measure and reduce their methane emissions. In particular, methane leak mitigation will be critical in solidifying the important role natural gas will play in energy transition. With over 67 years of operating history, Archrock’s deep industry understanding and long-standing customer relationships will be fundamental to accelerating ECOTEC’s growth in oil and gas and creating value for ECOTEC and its stakeholders.”
“We are excited to partner with ECOTEC and advance our shared vision for helping the oil and gas industry decarbonize,” said Brad Childers, Archrock’s President and Chief Executive Officer. “The expansion of our services to include direct emissions detection, management and mitigation is a significant step in our strategy to develop a suite of solutions that supports our customers’ sustainability goals. ECOTEC’s management team has an impressive track record of building emissions management businesses in other sectors and this partnership connects their proven technology with our leading U.S. natural gas compression infrastructure and customer network. This investment provides a unique opportunity to deliver value for our customers and shareholders as we position Archrock to reduce emissions across the oil and gas industry.”
Intrepid Partners, LLC served as financial advisor to ECOTEC.
About ECOTEC
ECOTEC specializes in the design and development of specialty equipment and software solutions for the natural gas, biogas, renewable natural gas, carbon credit and oil and gas markets through its ECOTEC, AQMESH, GAS DATA, and GAZOMAT brands. With offices around the globe, ECOTEC's comprehensive solutions have been deployed around the world to help companies, organizations and municipalities identify, quantify, and remediate their environmental footprint, particularly through reductions in methane emissions. Learn more at www.ecotecco.com.
About Archrock
Archrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression. Archrock is the leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment in the U.S. Archrock is headquartered in Houston, Texas. For more information, please visit www.archrock.com.
For information, contact:
Kay Schlotfeldt
909-906-1001
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SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (NASDAQ: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, will be showcasing new products for the electric vehicle and industrial gate driver markets at PCIM Europe 2022 in Nuremberg, Germany next month.
Dates: |
May 10-12, 2022 |
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When: |
Exhibit Hours are 9:00 a.m. to 5:00 p.m. |
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Power Integrations Booth: |
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Where:
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Messe Nuremberg, Messezentrum 1, 90471 Nuremberg, Germany |
Panel and speaking sessions:
Power Integrations’ products will also be featured in the following partner booths:
About Power Integrations
Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information, please visit www.power.com.
Power Integrations, power.com, and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owner.
Media Contact
Linda Williams
Power Integrations
(408) 414-9837
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Press Agency Contact
Nick Foot
BWW Communications
+44-1491-636 393
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TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart building technology, is launching the development of Kontrol BioWater, an extension of the Company’s current Kontrol BioCloud technology, for early viral detection in water systems.
“We look forward to advancing the Kontrol BioWater technology. Kontrol has been an early adopter and innovator in the area of early viral detection monitoring, and we continue to invest in our technology solutions and platform,” says Paul Ghezzi, CEO of Kontrol.
Early Viral Detection in Wastewater
Management believes that there is growing strategic interest and focus on early viral detection in wastewater systems. According to the following statement from the United States Centers for Disease Control (“CDC”) and Prevention, wastewater surveillance can provide an early warning of COVID-19’s spread in communities. Learn more at www.cdc.gov/healthywater/surveillance
As per the CDC, “The virus can then be detected in wastewater, enabling wastewater surveillance to capture presence of SARS-CoV-2 shed by people with and without symptoms. This allows wastewater surveillance to serve as an early warning that COVID-19 is spreading in a community. Once health departments are aware, communities can act quickly to prevent the spread of COVID-19. Data from wastewater testing support public health mitigation strategies by providing additional crucial information about the prevalence of COVID-19 in a community.”
What makes Kontrol BioWater Unique
The Kontrol BioWater technology will be designed with the goal of being the first real-time, in the cloud, detection technology for virus in wastewater. The current process for the collection of wastewater sampling involves on-site technicians, transporting samples to a laboratory and then undertaking a separate analysis of the wastewater. This process is time consuming and can take a number of days to complete. The intention of the Kontrol BioWater is to advance sampling automation for faster, on-site detection which can potentially accelerate a response plan.
“In our view, early viral detection is in its infancy, and we look forward to continuing to build our technology solutions to provide greater visibility, analytics and support for strategic initiatives undertaken by communities and governments,” says Gary Saunders, President of Kontrol BioCloud.
Kontrol BioWater Innovation
The Company has launched the development of the Kontrol BioWater and has budgeted $300,000 in research and development for the initial phase of development which includes modifying the current Kontrol BioCloud technology. The Kontrol BioWater viral detection system will utilize the core scientific technique of the BioCloud technology and will include a new proprietary sample extraction process for wastewater.
Similar to the approach taken with the Kontrol BioCloud, the Company will seek government funding to support its research and development. The Company has demonstrated a successful track record in accessing Federal and Provincial funding for its Kontrol BioCloud technology. However, there is no assurance that the Company will receive any further government funding.
The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus).
About Kontrol BioCloudTM
Kontrol BioCloud (“BioCloud”) is an operating subsidiary of Canadian public company Kontrol Technologies Corp. The BioCloud technology is a real-time analyzer designed to detect airborne viruses and pathogens. BioCloud is an air quality technology and not a medical device. BioCloud has been designed to operate as a safe space technology by sampling the air quality continuously. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and a silent notification system is created. BioCloud can be applied to any space where individuals gather. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com.
Kontrol BioWater is a technology extension of the Kontrol BioCloud and will be developed to operate as a branded solution for water monitoring applications.
Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: future testing to be conducted by Kontrol of its products; the future success of any of Kontrol’s products; and customer demand relating to air quality and water testing products.
Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future testing can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; and that demand will continue for air quality or water monitoring products and for the Company’s products in particular.
However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that the Company’s technologies will not prove as effective as expected; that customers and potential customers will not be as accepting of the Company's product and service offering as expected and/or that demand for such products and services will not continue; that the Company’s test results will not be replicated in the future or that future testing will not be conducted; that the Company will not maintain its existing relationships or contracts on the same terms or at all; and government and regulatory factors impacting the energy conservation industry. Kontrol BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus).
Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.
Kontrol Technologies Corp.
Paul Ghezzi
CEO
This email address is being protected from spambots. You need JavaScript enabled to view it.
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: (905) 766.0400
Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
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Tel: +1 (949) 546.6326
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