Seven new appointments bring leadership experience from NRG, SpaceX, Bechtel, Idealab, Deutsche Bank, and Goldman Sachs
PASADENA, Calif.--(BUSINESS WIRE)--#BillGross--Renewable energy technology company Heliogen today announced the expansion of its leadership team with the appointment of seven exceptional leaders with backgrounds spanning Fortune 500 corporations, industry-leading energy companies, pioneering technology companies, and multinational investment banks. The appointments underscore Heliogen’s commitment to building a world-class leadership team that will speed the company’s progress toward helping to solve pressing global challenges brought on by climate change by providing decarbonization technology that aims – for the first time in history – to be more cost-effective than fossil fuels.
“The sheer scale of the challenges and opportunities around the climate crisis calls for an assembly of the brightest and boldest minds from a variety of disciplines, backgrounds, and identities to rise to the urgent challenge of the current moment,” said Bill Gross, CEO and founder of Heliogen. “As we assembled Heliogen’s leadership team, we pursued leaders who have demonstrated professional excellence in energy, technology, and finance while being deliberate about casting a wide net to include diverse and forward-thinking candidates. With the cleantech market attracting more investor and mainstream attention than ever before, I’m proud to introduce such an accomplished group of leaders, all of whom are making pivotal contributions to further Heliogen’s mission of replacing fossil fuels with sunlight.”
Tom Doyle, co-head of the development group, has more than 25 years of senior-level experience growing and managing a significant P&L and a deep understanding of concentrated solar power, photovoltaics, and other renewable energy technologies. At Heliogen, working with Rashaun Williams, Doyle will oversee Business Development, Project Development, Proposal Development, Project Management, Project Finance, Strategy, Business Intelligence, and Asset Management. Prior to Heliogen, Doyle was an executive vice president at NRG Energy and president and CEO of NRG Energy’s renewable energy business, NRG Renew, one of the largest renewable energy companies in the world. Doyle also served as president and CEO of NRG Solar, a company he established and expanded to become an industry leader in the high growth commercial and industrial sectors of the solar industry. Under Doyle’s leadership, NRG successfully placed more than $7.5 billion of capital that generated a significant return on equity and an annual EBITDA contribution of more than $550 million. He holds an MBA and a B.S. in mechanical engineering from the University of Arizona.
Andy Lambert, senior vice president of production and supply chain, brings pioneering engineering leadership and product manufacturing experience to Heliogen, where he will lead development of the company’s production system and supply chain operations. Previously, Lambert spent more than nine years with SpaceX, where he developed the manufacturing and supply chain for the company’s rockets and spacecraft, before leading the company’s build reliability and quality assurance functions ahead of the first manned space flight. Prior to SpaceX, Lambert spent 13 years at BMW, most recently serving as vice president for MINI logistics and assembly production. During his time with MINI, he contributed to the rapid development of a production system that nearly tripled the output of its original installed capacity. Lambert spent nine years in the British Royal Air Force as an aircraft engineer and is a graduate of the School of Technical Training at RAF Halton military academy.
Christie Obiaya, chief financial officer, will draw on her experience from large-scale, complex energy projects to lead Heliogen’s finance team and to provide strategic support for the company’s growth. Most recently, Obiaya served as CFO and head of strategy for the energy business unit at Bechtel, the global engineering, construction and project management company. In her 11 years at Bechtel, she held leadership roles spanning finance, strategy, project development and investment, and project execution. Prior to Bechtel, Obiaya worked on renewable energy projects in Kenya and India. She began her career as an engineer, designing products and scaling up manufacturing processes at a multinational consumer goods company. Obiaya holds a B.S. in chemical engineering from MIT and an MBA from the MIT Sloan School of Management.
Rashaun Williams, co-head of the development group, brings his background as an investment banker and venture capitalist to his role at Heliogen, where he will focus on applying his 20 years of experience in finance, investments and sales to help the company realize its mission. Working with Tom Doyle, Williams will oversee Business Development, Project Development, Proposal Development, Project Management, Project Finance, Strategy, Business Intelligence, and Asset Management. With more than 150 investments in high-growth companies and more than 40 exits, Williams is currently a general partner in the MVP All-Star Fund. At his previous firm, Queensbridge Venture Partners, he became an early investor in Robinhood, Coinbase, Casper, Ring, PillPack, Lyft, and Dropbox. Prior to that, he worked at Wall Street firms including Goldman Sachs, Wachovia Securities and Deutsche Bank, bringing capital to emerging, diverse and alternative markets. In 2007, he founded Dixsville Partners, a private equity fund investing in infrastructure development and mineral companies in West Africa. Williams is a summa cum laude graduate of Morehouse College.
Thomas Patrick, chief of staff, will serve as strategic advisor and counsel to the CEO and collaborate with the leadership team on business strategies. Patrick has built his leadership career at multiple global financial institutions, including Deutsche Bank, where he served as CEO of the USA Corporation and the Americas region and co-head of the Corporate & Investment Bank (CIB) in the Americas. Patrick was a member of the Deutsche Bank USA Board, the CIB Executive Committee and a permanent guest on the Management Board. Prior to Deutsche Bank, Patrick was at Bank of America Merrill Lynch for 18 years, holding various senior positions including head of global banking and markets strategy and portfolio management, and co-head of global equities. Patrick holds a bachelor’s degree in economics from Columbia University.
Debbie Chen, general counsel, an experienced legal advisor to technology and startup companies, will focus on implementing an effective compliance program at Heliogen to ensure adherence to legal requirements and broader company values. Previously, Chen served as general counsel at Idealab, a role in which she worked with Heliogen applying knowledge of general corporate law since the company’s inception. Prior to Idealab, she was with the law firm of Latham & Watkins LLP. Chen holds a B.S. degree in economics from the Wharton School of the University of Pennsylvania and a J.D. from the University of California, Los Angeles.
Tanya Peterson, vice president of human resources, brings to her role at Heliogen a well-rounded background in multiple areas of human resources (HR) from working with high-performance teams in the finance and technology industries. At Heliogen, Peterson will lead the HR and talent teams in building and scaling an engaged, inclusive, and high-performing culture. Previously, Peterson served as head of human resources at global equity firm Los Angeles Capital Management where she was responsible for a variety of functions, including recruiting, talent management, diversity and inclusion, and internal communications. Prior to Los Angeles Capital Management, Peterson was at Yellowpages.com where she led HR initiatives for Engineering and other teams. Before Yellowpages.com, Peterson was the Head of HR for Idealab where she managed all HR operations and talent acquisition for Idealab and more than 150 of its portfolio companies. Peterson holds a B.A. in business management from Hartwick College.
The new executives join Steve Schell, chief technology officer, and Vikas Tuteja, head of strategy and analytics, on Heliogen’s leadership team.
About Heliogen
Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in all sectors of the economy and empowering a sustainable future. The company’s Sunlight Refinery™ aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, and green hydrogen fuel at scale for the first time in history. Heliogen was created at Idealab, the leading technology incubator founded by Bill Gross in 1996.
In November 2020, TIME included Heliogen’s HelioHeat™ technology on its Best Inventions of 2020 list. In April 2020, Fast Company selected Heliogen as a recipient of a 2020 World Changing Ideas Award for its technology. The company won the Energy category.
For more information about Heliogen, please visit Heliogen.com or @heliogeninc.
Leo Traub, Antenna Group
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646.883.3562
TAMPA, Fla.--(BUSINESS WIRE)--$AZPN #AI--mIQrotech today announced the close of an oversubscribed Series A financing round that exceeded its fundraising target of $6 million by nearly double. This investment will enable mIQrotech to scale up product development to meet its rapidly increasing market demand. The company is quickly disrupting the oil and gas industry by innovating pipeline optimization and preventing pipeline leaks. With additional support as a Chevron Technology Ventures Catalyst Program Participant, mIQrotech is quickly approaching unicorn status.
“Closing our Series A solidifies our financing as we work toward making our industry cleaner, safer, and more efficient through digital transformation. Our sights are set on further innovations that will continue to revolutionize the industry, and we’re thrilled to have the expertise and capital to roll those innovations out,” said Meade Lewis, Founder, Chief Executive Officer, and Chairman of the Board for mIQrotech.
The firm’s groundbreaking mIQroAware pipeline monitoring solution blends Internet of Things (IoT) technology, smart sensors, and Artificial Intelligence (AI) to monitor the most important parameters of oil and gas pipeline health. From detecting to reporting to predicting future risks, the solution offers a complete suite of technology, making mIQroAware the most comprehensive system for pipeline security on the market. This innovative technology equips operators with an unprecedented amount of data on their pipelines for increased operations, enhanced revenue, and decreased number of pipeline leaks.
“We’ve developed a long-overdue solution to the problem of leaks, and we are fortunate to have visionary investors who recognize the disruptive potential that our technology has for the future of the oil and gas industry,” said Lewis.
mIQrotech’s investors are thrilled to be supporting the vision as well.
“The team at mIQrotech has really built something special. They’ve spent years sacrificing, working long hours, with struggles and setbacks, like all startups have, and they came out the other end with a product that customers clearly love. The demand they’re seeing for their product is amazing, and we’re just lucky to be along for the ride at this point. If people in the industry haven’t heard of mIQrotech yet, I think they will soon,” said Mark Friday, Managing Director at Cathexis Ventures.
George Laflin, Chairman of the Harvard Business School Alumni Angels and President of The Page AngelInvestor Fund said, “We are thrilled to be a part of the mIQrotech mission for improving pipeline control, efficiency, safety and reducing methane emissions all without pipe penetration. mIQrotech is an innovative company that has no competition in this space.”
For more information, visit https://www.miqrotech.com/
About mIQrotech
mIQrotech is an award-winning technology firm dedicated to the technological advancement of the oil and gas industry. By merging smart sensors, the Internet of Things, Artificial intelligence, and Analytics, its comprehensive pipeline monitoring solution predicts pipeline leaks and increases operational efficiency in the field. With its continued development of groundbreaking solutions, mIQrotech aims to bring more efficient operations to the oil and gas industry for a cleaner, safer environment.
Lexi Gresh, Director of Brand Development and Marketing
814-933-6019
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mIQrotech.com
Cyware’s Cyber Fusion Platform Enables Collaboration on Threat Intelligence Initiatives Between Aviation ISAC’s Stakeholders
NEW YORK & WILMINGTON, Del.--(BUSINESS WIRE)--Cyware, the industry's only Virtual Cyber Fusion Platform provider, today announced a strategic partnership with the Aviation Information and Analysis Center (A-ISAC) to provide A-ISAC and its members with the ability to collect, share, and respond to threat intelligence in a timely manner. Through this partnership, A-ISAC members will be able to leverage Cyware’s Cyber Fusion platform to run more efficient end-to-end security automation, cybersecurity operations, threat hunting, and incident response programs.
A-ISAC is the global consortium for cybersecurity information sharing across the aviation sector, including members that contract directly with the U.S. Department of Defense. Founded in 2014 by seven global aviation companies, the A-ISAC has established itself as the trusted point of coordination around cyber threats for the global aviation community.
“Over the past year, the aviation industry has faced a sharp spike in highly targeted cyber fraud, phishing, and threat actor activity,” said Jeffrey Troy, President and CEO, A-ISAC. “Cyware’s unique offering enables our stakeholders to quickly and effectively collaborate and coordinate on community-vetted, curated threat intelligence and response. The intent is to support members in improving their security operations to build resiliency against the threats targeting the aviation industry and to promote innovation in how they are managing their risk.”
A-ISAC joins dozens of other Community Emergency Response Teams (CERTs) and ISAC's using Cyware’s Situation Awareness Platform (CSAP) and Threat Intelligence Exchange (CTIX) to automatically collect and share security alerts on the changing threat landscape and intelligence around specific attacks.
“We are thrilled to be working with A-ISAC to help fill security gaps in the aviation sector by creating opportunities for real-time collaboration and automation of threat sharing and response,” said Anuj Goel, CEO, Cyware. “We know that the Tier-One priority for A-ISAC member organizations is improving efficiency in the security operations center (SOC) and advancing incident response. Through the power of Cyber Fusion Centers, we are able to support A-ISAC and member objectives by automating threat intelligence and transforming how they look at security orchestration.”
Cyware allows A-ISAC to collect and share security alerts on the changing threat landscape and intelligence around specific attacks in the aviation industry. With Cyware's Situation Awareness Platform (CSAP) and Threat Intelligence Exchange (CTIX), A-ISAC members can also automatically share threat intelligence, including indicators of compromise (IOCs), malware alerts, vulnerability advisories, security incidents, phishing, and spear phishing attacks among its global aviation community.
About Cyware
Cyware helps enterprise cybersecurity teams build platform-agnostic virtual cyber fusion centers. Cyware is transforming security operations by delivering the cybersecurity industry's only Virtual Cyber Fusion Center Platform with next-generation SOAR (security orchestration, automation, and response) technology. As a result, organizations can increase speed and accuracy while reducing costs and analyst burnout. Cyware's Virtual Cyber Fusion solutions make secure collaboration, information sharing, and enhanced threat visibility a reality for enterprises, sharing communities (ISAC/ISAO), MSSPs, and government agencies of all sizes and needs. https://cyware.com/
About the Aviation ISAC
The Aviation ISAC (www.a-isac.com) is an international, non-profit membership association created to facilitate the timely exchange of vulnerabilities, threat intelligence, and best practices to reduce operational risks and provide the means for trusted sharing and professional exchange. With members on five continents, the A-ISAC fosters the foundation of trust underpinning aviation-focused cyber threat intelligence and information sharing designed to better protect global aviation businesses, operations, and services. Membership in the A-ISAC is open to trusted private sector global aviation companies. Our vision is a safe, secure, efficient, and resilient global air transportation system. https://www.a-isac.com
Media:
Alie Dessert
fama PR for Cyware
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AVIATION ISAC
Lori Pierelli
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BOSTON--(BUSINESS WIRE)--Dive Technologies, Inc., a Boston-based subsea robotics designer and manufacturer, announced today participation in a Cooperative Research and Development Agreement (CRADA) demonstration event with the Naval Undersea Warfare Center (NUWC) in Newport, Rhode Island.
The opportunity to demonstrate two new technologies to the United States Navy marked a major development milestone for Dive Technologies. Over a period of five days, specific demonstrations related to subsea navigational accuracy (Sonardyne SPRINT-Nav X) and sonar data collection and processing (Kraken AquaPix® MINSAS 120) were successfully showcased.
Participants in a NUWC pier-side demonstration included various engineers, program managers, and resource sponsors. At-sea test days produced navigational data that proved Dive Technologies was two times more accurate than the commercial market leader. These results were said to never have been demonstrated before on a commercial Autonomous Underwater Vehicle (AUV). Similarly, the sonar data collection results produced exceptionally clear, crisp data, which was processed in real-time onboard the AUV and allowed the team to locate and identify a variety of objects of interest in the test area.
“We were absolutely honored to be given the opportunity to participate and demonstrate our vehicle’s capabilities and we appreciate the partnership with NUWC-Newport,” says Bill Lebo, Co-Founder and CEO at Dive Technologies. “Our AUV was mission-ready from pier side demo to sea testing. It’s unheard of that calibration free, out-of-the-box navigational accuracy of <0.01% of total distance traveled or 0.02% of distance from origin was achieved. This is a testament to our team and the engineering rigor that went into delivering our commercial AUV to the market.”
This news comes in the wake of many recent accomplishments for Dive Technologies including:
About Dive Technologies: Founded in 2018, Dive Technologies designs, develops, and deploys premier autonomous underwater vehicles for large-scale commercial and defense data collection. Utilizing deep domain expertise, Dive Technologies is building highly scalable and flexible, fastest to the sea, and best-in-class AUV platforms that combine purpose-driven technology with an intuitive architecture to help customers rapidly and efficiently collect subsea data. For more information, please visit www.divetechnologies.com.
Media:
Sam Russo
Dive Technologies, Inc.
617.275.5500
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Celebrating the 35th class of unstoppable entrepreneurs who transform Greater Philadelphia and beyond
BLACKWOOD, N.J.--(BUSINESS WIRE)--#CEOEYFinalists--Ernst & Young LLP (EY US) today announced that Jon Seibert, CEO of Vision Solar was named an Entrepreneur Of The Year® 2021 Greater Philadelphia Award finalist. Now in its 35th year, the Entrepreneur Of The Year program honors unstoppable business leaders whose ambition, ingenuity and courage in the face of adversity help catapult us from the now to next and beyond.
Jon Seibert was selected by a panel of independent judges. Award winners will be announced during a special virtual celebration on July 27, 2021 and will become lifetime members of an esteemed community of Entrepreneur Of The Year alumni from around the world.
Entrepreneur Of The Year is one of the preeminent competitive award programs for entrepreneurs and leaders of high-growth companies. The nominees are evaluated based on six criteria: entrepreneurial leadership; talent management; degree of difficulty; financial performance; societal impact and building a values-based company; and originality, innovation and future plans. Since its launch, the program has expanded to recognize business leaders in more than 145 cities in over 60 countries around the world.
“This is a special moment for me. I am humbled and excited to have been recognized along with so many other inspiring business leaders as a finalist in the Entrepreneur Of The Year® Awards program,” Seibert enthusiastically stated
Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Awards, to be announced in November at the Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2022.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation.
In Greater Philadelphia, sponsors also include PNC Bank, DFIN, SolomonEdwards Group, Ballard Spahr LLP, Morgan, Lewis & Bockius LLP, Murray Devine & Company and Pepper Troutman LLP.
About Entrepreneur Of The Year®
Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National Overall winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy
About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private
About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com
About Vision Solar:
Vision Solar is one of the fastest growing solar energy companies in the United States. Their full-service renewable energy company installs solar services for residential homes nationwide. Over the past three years, Vision Solar has grossed over $100 million in revenue, with significant increase in projected growth to produce 1000+ high-quality Green Jobs by 2022. To learn more, visit: https://www.visionsolar.com
John Czelusniak
Company: Vision Solar
Tel: 3052836336
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145 MW Project to be Leeward’s third in Weld County, Colorado
DENVER & DALLAS--(BUSINESS WIRE)--Guzman Energy and Leeward Renewable Energy today announced the execution of a Power Purchase Agreement (“PPA”) for the 145 MW Panorama Wind Farm in Weld County, Colorado.
The project will be Leeward’s third project in Weld County, bringing its total installed capacity in the county to 617 MW, reflecting an aggregate capital investment of over $850 million, and will contribute to Colorado’s goal of 100 percent green energy generation by 2040. The Panorama Wind Farm is expected to generate enough electricity to power approximately 53,000 homes with clean energy and to deliver significant economic benefits to the county. Additionally, the project will create 185 jobs during peak construction and permanent renewable energy jobs in the community.
"Electric cooperatives, municipalities and tribes are clear that they want access to affordable, reliable and clean energy. The Panorama Wind Farm will be an important source of power for our current and future customers in Colorado, New Mexico and Wyoming who are seeking reliable power at reliable prices," said Guzman Energy CEO Chris Riley. "It makes strategic sense for Guzman Energy to be part of the Panorama Wind Farm as we continually leverage both owned and contracted energy sources to meet our customers' needs."
“Leeward is pleased to partner with Guzman and provide an important source of affordable, clean power to its customers in communities across Colorado, New Mexico and Wyoming,” said Jason Allen, Leeward CEO. “In addition to helping Colorado meet its green energy goals, this agreement is a testament to the momentum of our ambitious growth plan and continued commitment to wind power.”
Construction of the facility begins in early July and is projected to be completed in December 2021. The Panorama Wind Farm will consist of over 60 wind turbines supplied and commissioned by Vestas-American Wind Technology.
Leeward will own and operate the wind farm.
About Guzman Energy
Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy. We partner with cooperatives, municipalities, companies and tribes across North America to customize energy portfolios that make economic and environmental sense for today and tomorrow. Together, we are lighting the way forward.
About Leeward Renewable Energy, LLC
Leeward Renewable Energy is a leading renewable energy company that owns and operates a portfolio of 22 renewable energy facilities across nine states totaling approximately 2,000 megawatts of generating capacity. Leeward is actively developing new wind, solar, and energy storage projects in energy markets across the U.S., with 17 gigawatts under development spanning over 100 projects. Leeward is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest defined benefit pension plans with C$105 billion in net assets (as at December 31, 2020). For more information, visit www.leewardenergy.com.
For more information:
Guzman Energy
Amy Messenger
720.323.0660
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Leeward Renewable Energy
Kelly Kimberly
Sard Verbinnen & Co.
713.822.7538
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HOUSTON--(BUSINESS WIRE)--#CPChem--S&B Engineers and Constructors (S&B) was awarded an engineering and construction contract with Chevron Phillips Chemical to engineer and build the company’s second U.S. world-scale unit to produce on-purpose 1-hexene. The asset’s location will be in Old Ocean, Texas, near Chevron Phillips Chemical’s Sweeny facility.
S&B completed Chevron Phillips Chemical’s first U.S. 1-hexene unit in 2014 at its Cedar Bayou plant in Baytown, Texas. The project earned S&B the prestigious Excellence in Construction Award for innovative design, precise craftsmanship, and superior safety performance and practices by Associated Builders and Contractors’ Houston Chapter.
“Our past performance with Chevron Phillips Chemical showcases our ability to execute these world-scale projects safely and on time,” said David Taylor, Executive Vice President and Chief Operating Officer for S&B Engineers and Constructors. “As Chevron Phillips Chemical looks to the future, we will continue to support the company’s efforts by providing quality engineering and construction services to ensure a successful experience.”
Chevron Phillips Chemical’s new 1-hexene unit will use the latest evolution of the company’s proprietary, on-purpose 1-hexene technology. The new unit will produce up to 266,000 metric tons or (586,000,000 lbs.) per year of 1-hexene, a critical component in high-performance polyethylene (PE). This plastic resin is commonly used in the production of film and rigid containers for a variety of everyday products, including packaging for food, detergent and pharmaceuticals, among many others.
“The S&B team’s experience and track record make them the right contractor for the project as our business expands to meet global demand,” said Mitch Eichelberger, Executive Vice President of Polymers and Specialties at Chevron Phillips Chemical. “We are confident S&B will continue to deliver on its commitments as it has in the past while positively contributing to the local economy.”
S&B anticipates 600 construction and engineering jobs will be created for the project at its peak. Construction will commence during the third quarter of 2021, with project startup expected in 2023.
About S&B Engineers and Constructors, Ltd.
S&B Engineers and Constructors, Ltd. is one of the leading engineering, procurement, and construction firms in the United States, with more than 50 years of experience. S&B designs and builds world-scale projects in NGL fractionation, refining, petrochemicals, polymers, export terminals and pipelines. For more on S&B, visit www.sbec.com or LinkedIn.
Lindsay Szeszycki, Director of Communications and Marketing
S&B Engineers and Constructors, Ltd.
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518.879.2101
REYKJAVÍK, Iceland--(BUSINESS WIRE)--Landsvirkjun, the National Power Company of Iceland, and the Port of Rotterdam have completed a pre-feasibility study about exporting green hydrogen from Iceland to Rotterdam. The results indicate that such a project could be technically feasible, financially attractive and would have a significant contribution to the fight against climate change as economies around the world will switch from fossil fuels to renewable energy in the coming decades.
The two companies worked together to map the key components of the value chain from renewable power generation and hydrogen production in Iceland and then ship it to the port of Rotterdam. A comparison was made of possible hydrogen carriers taking into account energy density, costs, demand and other attributes.
The study shows that the first such project could be realized in the second half of this decade and be between 2 and 4 TWh (some 200 to 500 MW). These initial steps can contribute up to 1m tons CO2 reduction per year whereas in the longer term the potential could be a reduction of millions of tons. The energy needed could be a combination of renewable generation including hydro, geothermal and wind. The availability of diverse sources of sustainable energy is a great advantage to Iceland and leads to a competitive price for the Icelandic hydrogen on the European market. The hydrogen would be produced through electrolysis and then either liquified or converted into a carrier for transport to Rotterdam where it would be recovered for use at the Port or in the hinterland.
Landsvirkjun's vision is a sustainable world powered by renewable energy. The company already has a meaningful role in the reduction of CO2 emissions and intends to play a meaningful role in the energy revolution that must occur in the coming years and decades.
The port of Rotterdam is Europe's largest port and energy hub and has developed an ambitious hydrogen masterplan, with which it aims to become the major import hub for hydrogen to supply to Europe's changing energy offtake. Upon request by the Dutch government the Port of Rotterdam Authority identified high potential hydrogen exporting countries and companies to meet Europe’s future demand, of which Iceland was one of the strong contenders.
Landsvirkjun and the Port of Rotterdam intend to continue to work closely together to explore and develop this unique opportunity and expect to elaborate on these plans in the second half of 2022.
Hordur Arnarson, CEO of Landsvirkjun:
“The results of the pre-feasibility study are very encouraging. We at Landsvirkjun are determined to continue leading the way in renewable energy. It is the way to a better future for all. We believe in our partnership with Port of Rotterdam and look forward to finding the best way to bring our clean energy to foreign markets.”
Allard Castelein, CEO Port of Rotterdam Authority:
“We are very excited by the results of the study as well by the good chemistry between our two companies which is key to develop such impactful new supply chains. Iceland always has been a frontrunner in renewable power production. This new green energy for Europe, distributed via Rotterdam’s terminals and hydrogen backbone, could further help decarbonize our industrial complex and our customers elsewhere in Europe.”
About Landsvirkjun
Landsvirkjun is Iceland’s largest energy company and produces electricity solely from renewable energy resources; hydroelectric, geothermal and wind energy. The company offers long-term agreements at competitive prices. Visit www.landsvirkjun.com to learn more.
About the Port of Rotterdam Authority
The aim of the Port of Rotterdam Authority is to strengthen the competitive position of the port of Rotterdam as a logistics hub and a world-class industrial complex in terms of both size and quality. The Port Authority is able and willing to make an impact and so it is focusing on accelerating sustainability in the port and it is a partner in the digitalisation of the port and logistics chains.
Landsvirkjun Media Contact
Meghan Gabel
BIGfish Communications for Landsvirkjun
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617-713-3800
Itron’s Premier Customer-Focused Event to Be Offered In-Person and Virtually
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--#IoT--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today announced that its flagship event, Itron Inspire 2021 (formerly Itron Utility Week), will take place Oct. 1-8, 2021, both in person at the JW Marriott Desert Springs in Palm Desert, CA and virtually in a hybrid format. The customer-focused event will bring together leaders from across energy, water, industrial IoT and smart communities to share perspectives and best practices to drive the industry forward.
“Offering Itron Inspire in a hybrid format will allow us to bring our signature conference to more customers than ever before. We look forward to gathering under our new name, Itron Inspire, with a broader focus on how we, collectively, can leverage technology and services to drive business transformation, enhance customer engagement and unlock innovation,” said Marina Donovan, vice president, global marketing and public affairs. “I’m excited to safely gather again with our customers, partners and prospects to explore the possibilities for a better connected, sustainable and resourceful future.”
Itron Inspire’s in-person event will feature two insightful keynotes, two big picture sessions, more than 50 breakout sessions, multiple trainings and ample networking opportunities. For the virtual conference, select sessions will be livestreamed, including keynotes, big picture sessions and several breakout sessions. The schedule for the week-long event includes:
Registration for the conference, both in-person and virtual, will open in July and the full agenda will be available later this summer. To learn more, visit www.itron.com/inspire.
Itron is committed to the health and safety of attendees; Itron Inspire will follow local and CDC guidelines for COVID-19 safety.
About Itron
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
For additional information, contact:
Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
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HOUSTON--(BUSINESS WIRE)--$TELL #LNG--Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that its wholly owned subsidiary Driftwood Pipeline LLC has submitted a formal application with the Federal Energy Regulatory Commission (FERC) to construct and operate Line 200 and 300, an approximately 37-mile, dual 42-inch diameter interstate pipeline that will originate near Ragley in Beauregard Parish, Louisiana and end near Carlyss in Calcasieu Parish, Louisiana. The new pipeline has been designed and routed to connect the supply located 21 miles north of Lake Charles to the demand located within and south of Lake Charles, bypassing what has become a constrained, complex and expensive transportation pathway.
As part of the design, Driftwood Pipeline is proposing to deploy Baker Hughes-supplied electric-driven compression, thereby reducing the pipeline’s carbon dioxide emissions by more than 99%. The proposed pipeline project, coupled with other strategic steps Tellurian is taking, will lead to nearly a one million tonne reduction per year in direct greenhouse gas emissions (a 14% overall reduction).
President and CEO Octávio Simões said, “This new and completed pipeline design provides definitive and measurable results for emissions reduction and is another step in Tellurian’s overall strategy to support and balance the world’s energy needs and environmental concerns.”
“Tellurian has demonstrated our commitment to providing a cleaner energy source for the growing global population through early support of impactful environmental studies, new infrastructure design with advanced materials, and leading environmental procedures for our upstream operations. In addition, our latest commercial agreements have included provisions for tracking and documentation of liquefied natural gas cargo emissions. Tellurian will continue to explore ways to collaborate with the U.S. Administration and contribute to its plan for a cleaner climate with a focus on upending energy poverty domestically and abroad,” Simões added.
Tellurian has advocated for multiple environmental improvement efforts and contributed nearly $3 million to financially support Columbia University’s Center on Global Energy Policy and its mission to advance actionable energy and climate solutions through research and education; a multi-sponsor study of hydrogen market formation by the Energy Futures Initiative led by former Secretary of Energy Ernest Moniz; and the University of Texas at Austin, which is conducting an energy life-cycle analysis. Operationally, Tellurian currently owns and operates upstream assets in the dry gas Haynesville shale formation and conducts emissions monitoring and green completions as part of our continued efforts to understand, report and minimize greenhouse gas emissions.
About Tellurian Inc.
Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production, LNG marketing and trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL”. For more information, please visit www.tellurianinc.com. Follow us on Twitter at twitter.com/TellurianLNG.
CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of U.S. federal securities laws. The words “anticipate,” “assume,” “believe,” “budget,” “continue,” “estimate,” “expect,” “forecast,” “initial,” “intend,” “may,” “plan,” “potential,” “project,” “proposed,” “should,” “will,” “would,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements herein relate to, among other things, the proposed pipeline and its benefits, reductions in emissions, and policy efforts. These statements involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. These risks include the matters discussed in Item 1A of Part I of the Annual Report on Form 10-K of Tellurian for the fiscal year ended December 31, 2020, and other Tellurian filings with the Securities and Exchange Commission, all of which are incorporated by reference herein. The forward-looking statements in this press release speak as of the date of this release. Although Tellurian may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so except as required by securities laws.
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BOSTON--(BUSINESS WIRE)--#SchneiderElectric--Schneider Electric, the leader in digital transformation of energy management and automation and the world’s most sustainable company ranked by Corporate Knights, today announced the appointment of three female executives to its North America leadership team: Abha Dogra as Chief Information Officer; Abby Gabriel as Chief Marketing Officer; and Virginia “Ginny” Johnson as General Counsel.
“These leaders are the best talent for these roles given their expertise and backgrounds and I’m thrilled to see how their collective contributions will benefit not only the North America organization, but our customers who place their trust in us,” said Annette Clayton, CEO and President Schneider Electric, North America. “I’m also proud of the progress we continue to make in increasing the number of qualified women across the organization, especially in leadership roles, where they can influence decision making and outcomes.”
Reporting directly to Annette, the leaders are responsible for and their backgrounds include:
Abha Dogra, SVP Digital Technology and Chief Information Officer, Schneider Electric North America: Joined Schneider Electric two years ago as Chief Product Officer for Digital Products, where she was focused on driving digital transformation through technology innovation. In her new role, she’s leading Schneider Electric’s AI and automation strategy to apply AI at scale. Dogra came to Schneider with extensive experience in diverse areas of Enterprise Solution Delivery and SaaS-based business services, after serving as Division Vice President of Global Products Development at PTC, CTO and Vice President of Engineering at Akamai Technologies, CTO of Global Technology and Enterprise Architecture at Iron Mountain, and Head of Architecture and Technology at ADP. She demonstrates a wealth of knowledge and accomplishments in leadership, technology, software, and engineering in her over 20-year-career.
Abby Gabriel, Chief Marketing Officer, Schneider Electric North America: Has been with the company for over 10 years, most recently in the role of Vice President, Strategic Marketing, Digital Energy and Secure Power. Formerly with APC by Schneider Electric, she kicked off her marketing career as Marketing Program Manager and worked her way up to Director of Communications, eventually transitioning into the Global Marketing Organization. In her new role, Gabriel will have the mission to nurture a leading marketing team in delivering our brand ambition for the North America market, including establishing Schneider Electric as a leader in sustainability and digitization. She will steward the organization’s focus on digital customer experience and best-in-class web and digital experience and ensure marketing is delivering a strong commercial impact across e-commerce and digital marketing.
Ginny Johnson, General Counsel, Schneider Electric North America: Recently joined the organization with responsibility for leading a legal department of approximately 45 members throughout the United States, Canada, Mexico, and Central America, and providing legal oversight across all areas of the business. She brings significant leadership experience and subject matter expertise in the areas of litigation, corporate law, transactional, governance, regulatory and compliance. Johnson joined Schneider Electric after serving in a variety of roles, most recently Senior Vice President & Associate General Counsel at Global Atlantic Financial Group, where she also co-founded the Global Atlantic Women’s Network. Since joining Schneider Electric, Johnson has become a member of the board of directors of the company’s charitable giving foundation, and has taken on active roles in the company’s DEI steering committee and its women’s network, Women in Schneider Electric (WiSE). Additionally, Johnson serves as a mentor in the New Girls Network of the Big Sister Association of Greater Boston, and she is a member of The Fourth Floor, a membership community where women leaders and startup founders create and access board seats, investments, and funding opportunities.
In January of this year, Schneider Electric doubled down on the company’s longstanding strategy to make the world greener and more equitable by outlining and executing on eleven concrete commitments in the Schneider Sustainability Impact program. These commitments are expected to be completed by 2025. The eighth commitment focuses on increasing gender diversity, from hiring to front-line managers, and leadership teams. Making strides in the space already, Schneider Electric has been included for the 4th year in a row in the Bloomberg Gender-Equality Index, promoting public commitment to equality in the workplace.
To learn more about Schneider Electric’s Sustainability Impact Program and gender equality goals, check out these resources:
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, 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.
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Governor, Secretary of Commerce, local leaders join company officials in announcing incentives package, plans for first-of-its-kind plant in U.S.
MONTGOMERY, Ala. & CENTENNIAL, Colo.--(BUSINESS WIRE)--$WWR--Officials of Westwater Resources, Inc. (NYSE American: WWR) joined Alabama Gov. Kay Ivey and other state and local leaders at a press conference in Montgomery today to announce the governor’s signing of incentives agreements that will bring a first-of-its kind, advanced graphite processing plant to the state, and put Alabama at the forefront in producing an essential material in the batteries that power electric vehicles, electronics and other green energy products and equipment.
The plant will be built in the Kellyton area in Coosa County, near Alexander City, by Alabama Graphite Products, LLC, a subsidiary of Alabama Graphite Corp. (“Alabama Graphite”) and its parent company, Westwater Resources, Inc. (“Westwater”). Westwater is a Colorado-based mineral resources company committed to exploring and developing materials for clean, sustainable energy production.
“This plant not only will make Alabama the U.S. leader in graphite production, the go-to place for this important resource in battery manufacturing, it also will elevate our standing even more as a major player in the fast-growing electric vehicle sector,” Ivey said. “We’re home to four major auto plants, and the ability to source precious materials in state for the lithium-ion batteries used in electric and hybrid vehicles will be a big plus in attracting other manufacturing jobs to the state.”
Graphite is used as the anode in lithium-ion batteries, as well as a conductivity enhancer for all types of batteries, including the common lead-acid batteries in traditional vehicles.
Gov. Ivey was joined at today’s press conference by Westwater President and CEO Chris Jones, Commerce Secretary Greg Canfield, state Sen. Clyde Chambliss, Alexander City Mayor Woody Baird, and representatives of the Coosa County Commission and the Lake Martin Area Economic Development Alliance, as well as members of the Alabama Graphite Products team.
“I want to thank Gov. Ivey, Secretary Canfield, other state leaders, and the many local officials in Alexander City and Coosa County who worked with us to make this vision come true,” Jones said. “The people of Alabama have been very welcoming since day one, and their cooperation has been integral in putting together the many pieces needed for us to build this innovative plant in Alabama. We look forward to being an active member of the business community here for many years to come.”
Alabama Graphite plans to make an initial investment of $80 million or more (with a second phase pushing the total to $124 million) in the graphite processing plant. Construction is expected to begin later this year, with the plant operating by the end of 2022. The plant is expected to employ at least 100 full-time, permanent workers. Those jobs will pay an estimated average hourly wage of $21.15.
The agreements signed by the governor will provide Alabama Graphite Products with jobs and tax credits under the Alabama Jobs Acts, totaling up to an estimated $29.9 million over 15 years. In addition, Alabama Industrial Development and Training (“AIDT”) will provide Alabama Graphite Products up to $925,000 in job-training and employee recruitment incentives.
Local incentives to be provided by the Lake Martin Area Economic Development Alliance, the Lake Martin Area Industrial Development Authority, Coosa County and Alexander City are estimated to total more than $4.7 million, and are to include abatement of 10 years of noneducational property taxes and the use of 80 acres in the Lake Martin Regional Industrial Park at no cost. In addition, a bridge will be built to provide additional access to the industrial park.
Water and wastewater treatment will be provided by Alexander City. In support of this effort, Alabama Graphite Products has entered into a public-private partnership to upgrade Alexander City’s wastewater treatment system with a contribution of $400,000 and prepayment of $100,000 in treatment fees.
“This is a great project for Alabama for many reasons,” said Commerce Secretary Canfield. “It perfectly complements our auto industry and what these automakers are doing with EVs here in Alabama. Mercedes and Hyundai have announced major expansion projects specifically for the manufacturing of electric vehicles. Plus, these are well-paying, sustainable jobs that will spur additional economic development and even more jobs in the area.”
Tallapoosa County Commissioner and Lake Martin Area Economic Development Alliance Chairman T.C. Coley Jr. said projects like this reinforce the Alliance's regional approach to economic development.
“Attracting an operation like this means a great deal to the region,” said Coley. “I can't praise enough the multi-jurisdictional effort led by our staff, Executive Director Chad Odom and Assistant Director Denise Walls. Their creativity, knowledge and use of local, state and federal resources made this possible. The mayor of Alexander City, the City Council, city staff and the Coosa County Commission also are to be commended for their efforts to overcome various infrastructure challenges and make investments that secure the region's economic future.”
In addition to making Alabama home to one of the first large-scale producers of refined graphite in the U.S., Alabama Graphite plans to mine raw graphite in western Coosa County in part of what was known as the “Alabama Graphite Belt.” Westwater Resources acquired mineral rights to approximately 42,000 graphite-deposit-rich acres in 2018 and expects to begin mining operations by 2028.
Westwater’s Jones noted that the U.S. government has declared graphite critical to the nation’s economy and national security.
“All of the graphite used and needed in the United States by the electric vehicle industry is imported,” he said. “Most of it is from China, where media have reported both worker and environmental issues. Domestic production of graphite reduces our dependence on foreign sources. Even though the raw graphite we will process into battery-grade material will be imported initially, none of it will be from China. We have secured agreements from other providers.”
Alabama Graphite will use a proprietary process to purify the raw graphite and refine it into battery grade purity. That process is safer and more environmentally friendly and sustainable than the hydrofluoric acid-based process commonly used in China and elsewhere, that requires more water and produces more environment-damaging byproducts.
“One of our core values is safety. We’re protective of our workers, the community and the environment,” Jones said. “Whether it’s mining or processing graphite, our company is committed to doing it in an environmentally safe, sustainable manner. The biggest virtue of electric vehicles and other battery-powered products is they reduce carbon emissions and are better for the environment. Producing the key materials for those batteries, we believe, can and should be done in an environmentally responsible way as well.”
Alabama Graphite’s processing plant will produce approximately 7,500 tons of battery-grade graphite a year initially, eventually expanding to 15,000 tons. The battery in an average EV needs about 175-200 pounds of graphite. Ford’s new electric F-150 truck, the Lightning, is expected to need roughly 450 pounds of graphite, Jones said.
About Westwater Resources
Westwater Resources (NYSE American: WWR) is focused on developing battery-grade graphite. The Company’s projects include the Coosa Graphite Project — the most advanced natural flake graphite project in the contiguous United States — and the associated Coosa Graphite Deposit located across 41,900 acres (~17,000 hectares) in east-central Alabama. For more information, visit www.westwaterresources.net.
Cautionary Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," “scheduled,” and other similar words. All statements addressing events or developments that WWR expects or anticipates will occur in the future, including but not limited to the cost and timing for commencement of operations at the Company’s proposed processing plant, the value of the incentives realized by the Company, future production of battery graphite products, future financing activities and financial resources, and activities involving the Coosa Graphite Project and the Coosa Graphite Deposit. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, (a) the Company’s ability to successfully construct and operate a processing plant capable of producing battery grade materials in quantities and on schedules consistent with the Coosa Graphite Project business plan; (b) the Company’s ability to raise additional capital in the future including the ability to utilize existing financing facilities; (c) spot price and long-term contract price of graphite and vanadium; (d) risks associated with our operations and the operations of our partners such as Dorfner Anzaplan and Samuel Engineering, including the impact of COVID-19; (e) operating conditions at the Company’s projects; (f) government regulation of the graphite industry and the vanadium industry; (g) world-wide graphite and vanadium supply and demand, including the supply and demand for energy storage batteries; (h) unanticipated geological, processing, regulatory and legal or other problems the Company may encounter in the jurisdictions where the Company operates or intends to operate, including but not limited to Alabama and Colorado; (i) any graphite or vanadium discoveries not being in high-enough concentration to make it economic to extract the minerals; (j) currently pending or new litigation or arbitration; and (k) other factors which are more fully described in the Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize or should any of the Company’s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company’s forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this news release.
For more information about Alabama Graphite Products, go online to www.alabamagraphiteproducts.com.
Westwater Resources
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New HL7810/12 LTE-M and NB-IoT modules offer best-in-class power consumption and the highest level of security while minimizing risk of industrial IoT deployment
VANCOUVER, British Columbia--(BUSINESS WIRE)--Sierra Wireless (NASDAQ: SWIR) (TSX: SW), a world leading IoT solutions provider, today announced the launch of its new HL78 Series modules – the HL7810 and HL7812, for battery powered and low power deployments that require deep area coverage such as smart energy solutions, smart city applications, asset tracking, commercial buildings, manufacturing, healthcare, and agriculture.
Adding to the success of the existing HL7800 and HL7802, the newly announced HL7810 and HL7812 modules, and the recently announced HL7845 module for smart energy solutions, all support 3GPP’s Release 14 enabling faster data speeds and further reducing power consumption.
A Large and Growing Market
According to a recent report, ‘ABI Research has found that shipments of asset trackers will increase by more than 50% annually through 2024, driven by growth in Low Power Wide Area (LPWA) technology,’ and another report by Market Watch states that the ‘Low-Power Wide-Area Network (LPWAN) market is projected to surpass USD 65 billion by 2025.’
The New Sierra Wireless HL7810/12 Series – The Next Generation of LPWA
Sierra Wireless’ new HL7810 and HL7812 LTE-M and NB-IoT modules for the industrial IoT offer the lowest power consumption in their class to support Cat-M1 and Cat-NB2 networks around the world and reduce operational and device maintenance costs. In addition, the modules feature a high transmit power of at least 23dBm to ensure coverage in even challenging locations such as remote rural areas and deep underground.
The modules also offer the highest level of end-to-end security, minimizing the risk of IoT solutions. Security is designed in from the start, with encrypted security keys now stored in a secure element for an added layer of protection from the edge to the cloud.
“With the launch of our new HL78 Series modules, the HL7810 and HL7812, Sierra Wireless continues to lead with the most innovative and secure LPWA module portfolio on the market,” said Jim Ryan, SVP Partnerships, Marketing & IoT Solutions, Sierra Wireless. “Furthermore, we found that they can provide customers with over ten years of battery life, reducing 80% of truck rolls needed for battery replacement.”
Simplifying IoT Projects with Global Connectivity and a Set of Edge and Cloud APIs
The HL78 Series can shorten development time and simplify product integration with the modules’ built-in connectivity (embedded SIM and optional connectivity services) and the most comprehensive set of simple APIs (Application Programing Interfaces) available at the edge and in the cloud. Furthermore, Sierra Wireless’ solutions are provisioned to securely connect to the cloud, enabling remote device monitoring and management.
“All the advantages of the HL78 Series module, combined with Sierra Wireless’ deep IoT expertise, worldwide presence, and willingness to work with us to grow our business, made our decision to select Sierra Wireless as our LPWA IoT connectivity solution partner a simple one,” said Emmanuel Torchy, Associate at iSwip.
“We chose Sierra Wireless because the company offered us a unique integrated solution,” said Peter Knapp, COO, LUCI. “The common form factor makes future product development faster, and the company’s global presence ensures we have the support we need. By using the HL7800 module, we were able to reduce our development time and shorten our time to market, and with Enhanced Carrier Connectivity, we are able to simplify deployment and optimize coverage of the product for our customers.”
Availability
The HL7810, HL7812 and HL7845 modules are sampling now, and are expected to be commercially available in Q4 of 2021.
For more information, visit: http://www.sierrawireless.com/HL78
To contact the Sierra Wireless Sales Desk, call +1 877-687-7795 or visit http://www.sierrawireless.com/sales.
Note to editors:
To view and download images of Sierra Wireless products, visit http://www.sierrawireless.com/newsroom/productimages.aspx.
About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is a leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy. Companies globally are adopting 4G, 5G and LPWA solutions to improve operational efficiency, create better customer experiences, improve their business models, and create new revenue streams. Sierra Wireless will work with you to develop the right industry-specific solution for your next IoT deployment whether it is an integrated solution to help connect edge devices to the cloud, a software/API service to manage processes with billions of connected assets, or a platform to extract real-time data to improve business decisions. With more than 25 years of cellular IoT experience, Sierra Wireless is the trusted partner globally to deliver your next IoT solution. For more information, visit www.sierrawireless.com.
Connect with Sierra Wireless on the IoT Blog at http://www.sierrawireless.com/iot-blog, on Twitter at @SierraWireless, on LinkedIn at https://www.linkedin.com/company/sierra-wireless and on YouTube at https://www.youtube.com/SierraWireless.
“Sierra Wireless” is a registered trademark of Sierra Wireless, Inc. Other product or service names mentioned herein may be the trademarks of their respective owners.
Forward Looking Statements
This press release contains forward-looking statements. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations but involve risks and uncertainties. These statements may relate to, among other things: plans and timing for the introduction or enhancement of our products and services, future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans that are not historical fact. These statements are subject to numerous risks and uncertainties surrounding our business and the markets we operate in, including, but not limited to, changes in technology and market conditions and our ability to implement our strategy and successfully develop, manufacture and supply new products and services. Due to these many risks and uncertainties we cannot assure you that the forward-looking statements contained in this press release will be realized.
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Sierra Wireless
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DUBLIN--(BUSINESS WIRE)--The "Biomass Electricity Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
The global biomass electricity market is expected to grow from $1947.2 billion in 2020 to $2078.17 billion in 2021 at a compound annual growth rate (CAGR) of 6.7%.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider biomass electricity market, and compares it with other markets.
Major players in the biomass electricity market are Enviva, Pinnacle Renewable Energy Group, Pacific BioEnergy Corporation, Acciona Sa, Dong Energy A/S, Acciona Sa, Ameresco Inc., E.On Se, Graanul Invest Group and RWE Innogy.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2762.29 billion in 2025 at a CAGR of 7%.
The Biomass Electricity market consists of sales of electricity generated using biomass and related services for household and commercial purposes. Biomass gasification refers to a process that involves the burning of biomass for the generation of producer gas or syngas for production of electricity. Producer gas is a combustible gas mixture of carbon monoxide, hydrogen, carbon dioxide, methane, and nitrogen. The gasification process uses heat, pressure and partial combustion which takes place when the air supply (o2) is inadequate for the combustion of biomass.
The increasing government support through various government subsidies and policies drives the growth of the Biomass Electricity market. Due to the growing concerns about climate change and rising levels of greenhouse gases in the atmosphere resulting from the burning of fossil fuels such as coal and oil, new government policies are being framed to encourage sustainable power generation.
For instance, In India, the Ministry of new and renewable energy under its National Biogas and Manure Management Programme (NBMMP) provides subsidies for setting up a family type biogas plants mainly for rural and semi-urban/households. The programme is implemented by the State Nodal Departments/State Nodal Agencies and Khadi and Village Industries Commission (KVIC), Biogas Development and Training Centers (BDTCs) and involves subsidies up to Rs.17,000 ($230) for setting up biogas plants.
The growing competition from alternative energy sources such as solar, wind, geothermal is expected to limit the Biomass Electricity market. Unlike, wind power plants, biogas plants are affected by cold climates.
Also, the solar and wind energy plants use raw resources which are available in abundance whereas biogas production is only possible in rural areas where raw materials such as agricultural waste, manure, green waste or food waste are in constant supply. Thus, the popularity and ease of maintaining alternative energy sources such as solar, wind, geothermal restraints the growth of the Biomass Electricity market.
The Biomass Electricity market covered in this report is segmented by feedstock: solid biomass, biogas, municipal solid waste, liquid biomass and by end-user: households, industrial sector, government sectors, others. It is also segmented by technology: anaerobic digestion, combustion, co-Firing, gasification, landfill gas.
Key Topics Covered:
1. Executive Summary
2. Biomass Electricity Market Characteristics
3. Biomass Electricity Market Trends and Strategies
4. Impact of COVID-19 on Biomass Electricity
5. Biomass Electricity Market Size and Growth
5.1. Global Biomass Electricity Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Biomass Electricity Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Biomass Electricity Market Segmentation
6.1. Global Biomass Electricity Market, Segmentation by Feedstock, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
6.2. Global Biomass Electricity Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
6.3. Global Biomass Electricity Market, Segmentation by Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7. Biomass Electricity Market Regional and Country Analysis
7.1. Global Biomass Electricity Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Biomass Electricity Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/vc5jb7
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SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced the appointment of Grant Dewbre to Chief Operating Officer and Saleh Sagr to Senior Vice President, Middle East and North Africa (MENA).
Grant joined Perma-Pipe in 2017 as Senior Vice President, MENA, and has been successful in having a positive impact on our work culture, in identifying new opportunities, and in achieving growth in new and existing markets. Returning to Houston from Dubai, Grant will assume full operational, managerial and administrative responsibility for Perma-Pipe’s businesses globally. Grant has over 30 years of experience in the management of projects and business units worldwide including sales and business development roles, the management of commercial activities, and the management of operations and construction activities for major oil and gas industry companies.
Mr. Dewbre commented, “I am excited about the opportunity to return to the US to lead Operations for Perma-Pipe International. I look forward to working more closely with our team of employees in the Americas and to leveraging our business practices globally in support of customers and stakeholders.”
Saleh joined Perma-Pipe in 2019 as Vice President, Operations MENA and has successfully led the development of operational and business improvements and expansion of Perma-Pipe’s capabilities throughout the Middle East. In his new role, Saleh will have full operating and financial responsibility for Perma-Pipe’s business in the MENA region including pursuing geographical expansion and entering new markets. Saleh has over 15 years of experience leading businesses through transformational change in the Middle East and the United Kingdom.
Mr. Sagr commented, “Over the past few years at Perma-Pipe, it is clear the Company has a solid reputation as a leader in the industry. I am looking forward to building on that reputation by expanding and strengthening market share while constantly delivering quality products and services to our customers and solid returns to our stakeholders.”
President and CEO David Mansfield commented, “Grant has had a significant contribution to the MENA business and as he assumes his new global role, he will be able to apply his learnings and experiences to help us accelerate best practice globally. Immediately after joining the Company in 2019, Saleh has had a notable impact and I know he will continue to be instrumental in building and successfully managing the MENA business while having a positive influence in the Middle East. I have every confidence that both Grant and Saleh will be successful in their new roles, and I look forward to seeing the continued contributions they will bring.”
Mr. Mansfield concluded, “The Perma-Pipe organization is driven to provide industry-leading products and services in meeting the demands of our customers, shareholders and employees. In pursuing the goals of Perma-Pipe through our values, people and strategies, we will continue to pursue growth and improved financial performance.”
Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) is a global leader in pre-insulated piping and leak detection systems for oil and gas gathering, district heating and cooling, and other applications. It uses its extensive engineering and fabrication expertise to develop piping solutions that solve complex challenges regarding the safe and efficient transportation of many types of liquids. In total, Perma-Pipe has operations at thirteen locations in six countries.
Perma-Pipe International Holdings, Inc.
David Mansfield, President and CEO
Perma-Pipe Investor Relations
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847.929.1200
Transplace offers compliance, regulatory and logistics expertise to save transportation costs
DALLAS--(BUSINESS WIRE)--#3PL--Transplace, the leading provider of advanced logistics technology and solutions, announces Kellogg Company’s recent implementation of Transplace’s Customs Portal and customs brokerage services. The new agreement enables the world’s largest cereal and prepared foods provider to streamline customs compliance and cross-border logistics while gaining shipment visibility and control.
“Kellogg’s maintains the highest standards for quality in everything we do, including food production and distribution across Mexico, the U.S. and Canada,” said Norberto Rodriquez, Senior Manager, Foreign Trade, Customer Service & Logistics Latin America, Kellogg’s Mexico. “As a trusted logistics partner, Transplace understands our unique needs to help us raise the performance level of our customs compliance and customs operations. Transplace’s leading-edge technology is now integrated seamlessly with our foreign trade software, delivering end-to-end visibility from freight origin to customs clearance and final delivery, simplifying our cross-border shipping.”
Transplace’s Customs Portal delivers complete international trade control in a single tool to provide multi-modal compliance accuracy and data integrity for supporting shipment documentation. From C-TPAT (Customs-Trade Partnership Against Terrorism) and OEA (Authorized Economic Operators) certifications to customs valuations, origin analysis and foreign trade promotion programs management, Transplace has the infrastructure and domain experts to support Kellogg’s customs operations.
“This new customs brokerage agreement expands on our existing five-year relationship with Kellogg’s Mexico, as well as our longtime logistics technology and solutions partnership with Kellogg’s in the U.S.,” said Frank McGuigan, CEO of Transplace. “We’re delighted to be supporting Kellogg’s customs business for imports and exports between Mexico, the U.S. and Canada. We look forward to this advancement in our collaboration towards seamless continental supply chain excellence.”
Connect with a Transplace expert to learn more about cross-border services, customs brokerage, customs clearance and innovations in logistics management services in North America: transplace.com/contact/connect-with-an-expert/.
About Transplace
Transplace powers one of the largest managed transportation and logistics networks in the world. Our tech-enabled services and solutions platform are backed by the unrivaled combination of innovative technology and a dedicated team of domain experts, engineers and data scientists. We are committed to thrilling our customers by consistently improving supply chain performance and providing greater visibility and control of their logistics networks. Companies of all sizes rely on Transplace to deliver trusted outcomes through best-in-class logistics management, strategic capacity and cross-border services. Follow the company on Twitter, Facebook, Transplace.com and the Transplace Industry Blog.
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Grace Platon | +1 214.901.4744
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FME continues providing mission-critical reliability to United States Coast Guard’s OPCs
BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, announced today that its Fairbanks Morse Engine (FME) division was awarded a contract by Eastern Shipbuilding Group (ESG) to build and deliver the two main propulsion diesel engines (MPDE) for the U.S. Coast Guard’s fourth Offshore Patrol Cutter (OPC), the RUSH (WMSM-918). FME will build the engines at its Beloit, Wisconsin, manufacturing facility.
“Fairbanks Morse engines will help the OPCs perform the mission-critical task of preserving the country’s maritime security. We are honored to continue providing powerful and reliable engines to this essential program,” said Fairbanks Morse Defense CEO George Whittier. “No matter what the temperature is or how big the seas are, FME’s resilient engines are ready for the challenge of serving alongside each and every cutterman that crew an OPC.”
The OPCs will act as a capability bridge between the National Security Cutter (NSC), which patrols the open ocean, and the Fast Response Cutter (FRC), which serves closer to shore. The vessels will also be capable of carrying an MH-60 or MH-65 Helicopter and three operational Over-The-Horizon (OTH) small boats. They will be equipped with highly sophisticated combat systems and will enhance the USCG’s ability to execute various missions that range from drug interdiction to marine environmental protection.
The U.S. military has turned to Fairbanks Morse Defense for over 70 years to provide quality diesel engines, parts, repairs, and service solutions for marine propulsion and ship service systems.
About Fairbanks Morse Defense
Fairbanks Morse Defense (FMD) is a leading provider of mission-critical equipment to military and commercial marine customers. The company comprises three divisions: Fairbanks Morse Engine (FME), Fairbanks Morse Service (FMS), and Ward Leonard. For more than 125 years, FMD has been a principal supplier of reliable power systems, parts, and aftermarket service to the U.S. Navy, Military Sealift Command, U.S. Coast Guard, and the Canadian Coast Guard. Through FME, the company continues supporting the defense industry’s mission-critical operations with high-performance engines manufactured in the USA. OEM parts, expert services, and innovative solutions that improve performance and extend component lifecycles are provided to marine, nuclear, commercial, and export customers through FMS and Ward Leonard. FMD, a portfolio company of Arcline Investment Management, is based in Beloit, Wisconsin.
Learn more about FMD by visiting www.fairbanksmorsedefense.com.
About Fairbanks Morse Engine
Located in Beloit, Wisconsin, Fairbanks Morse Engine (FME) manufactures, procures, assembles, and distributes heavy-duty, medium-speed reciprocating engines under the Fairbanks Morse® and ALCO® brand names. Fairbanks Morse manufacturing is conducted in its U.S.-based facility. FME sells its high-performance engines directly to naval marine customers and shipyards. As a principal supplier of reliable diesel engines to the U.S. Navy, Military Sealift Command, U.S. Coast Guard, and the Canadian Coast Guard, FME enables the defense industry to complete worldwide mission-critical operations. FME is a division of Fairbanks Morse Defense, a portfolio company of Arcline Investment and a leading provider of reliable marine power solutions.
Learn more about FME by visiting www.fairbanksmorse.com.
Mercom Communications
Michelle Hargis
1.512.215.4452
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HBW Client Services and Staff Growth Exceed 50 Percent in Past Two Years
HOUSTON--(BUSINESS WIRE)--#Communications--Leading government affairs, advocacy, and communications firm HBW Resources today announced a corporate realignment and staffing expansion that reflects unprecedented client demand and financial growth, and an investment into maintaining its market leadership as an agile and innovative boutique firm with the expertise and geographic reach of larger companies.
In the last two years, HBW’s client base has grown significantly and the firm has hired proven professionals to strengthen all of its divisions, including communications, federal affairs, state affairs and its regulatory & policy practice, enhanced to include Environmental, Social and Governance (ESG) consulting. The new talent and expertise has expanded the HBW team by 50%, and given clients greater access to local, state and federal stakeholders, as well as more sophistication in every practice area.
“With so much happening in the energy, infrastructure and environmental arenas, the demand for our core expertise in communications, advocacy, stakeholder relations and government affairs has never been greater in our 16-year history,” Managing Partner David Holt said. “In response, we have added dynamic and diverse talents to boost our depth of expertise, national reach and available services, while maintaining our unparalleled record of helping companies bring major capital projects across the finish line.”
“HBW has responded to the changing needs of the industries we serve, while staying true to our founding vision of giving clients bipartisan strength, nimble execution, and strategic planning under one roof to communicate thoughtfully and effectively to the public, elected leaders and government officials.”
As part of the realignment, HBW also refreshed its branding with a new logo, website and marketing materials that better reflect the current configuration and service offerings of the firm, Holt said.
“There’s never been a more exciting nor rapidly changing time in energy and environmental policy. We are witnessing an era where effective communication has never been more essential to break through the noise, defend reputations and provide reasoned, responsible, balanced information. Our team is purpose-built to guide clients through those realities and ensure their story is heard by the right audiences,” he said.
HBW’s 2005 genesis was intended to meet the energy and environmental communities’ need for a new way to advocate and communicate to the public, government and other stakeholders. Since then, HBW has run nearly 300 successful advocacy campaigns at the national, state and hyperlocal levels, many which have gone from concept to execution in as little as 48 hours.
Today, HBW offers full-spectrum communications and public relations expertise, from media & ad buying to media relations and strategic communications as well as corporate branding and in-house video and digital advertising production. HBW’s policy & regulatory practice offers in-depth policy perspectives, research expertise, permitting guidance and – together with HBW LLP – legal guidance.
The Federal Affairs team combines more than 100 years of bipartisan legislative and executive branch experience with the relationships and expert strategic guidance they need to successfully navigate Congress and Executive Branch Agencies, and turn business objectives into actionable plans.
HBW’s State Affairs team maintains relationships with key elected leaders and officials in more than 20 states, and incorporates strategies and tools ranging from mobilizing stakeholders at the hyperlocal level to direct lobbying and giving testimony, to polling/focus group testing and commissioning independent academic studies and running comprehensive issues management campaigns.
The firm continues to bring success to clients across the energy industry spectrum including solar, wind, hydropower, oil, natural gas, utilities, nuclear power, hydrogen and more. Beyond energy clients, HBW represents Fortune 500 companies and others in the environmental, technology, manufacturing, transportation, infrastructure and mining sectors, as well as conservation groups and trade associations.
Together with its independent Board of Directors, HBW senior executives also founded Consumer Energy Alliance, the first-of-its-kind third-party organization designed to expand the energy dialogue across the entire economic spectrum and advocate for sensible energy and environmental solutions on behalf of individual families, farmers, truck drivers, labor, manufacturers, small business owners and more. CEA remains one of HBW’s top-tier clients.
“We are humbled that so many companies have chosen HBW to meet their advocacy and communications needs, and look forward to serving the industries we represent successfully for many years to come,” Holt said.
About HBW Resources:
Headquartered in Houston with offices across the U.S., HBW Resources is a government affairs, advocacy and communications firm exclusively focused on traditional and renewable energy, environment, conservation, technology and transportation issues. Focused on creating and executing innovative PR, communications, and public policy campaigns and strategies, HBW has a well-earned reputation for successfully navigating clients through the intersection of government, business and politics. HBW fuses its broad expertise to ensure organizations master their challenges, catalyze opportunities and achieve success. To learn more, visit HBWResources.com.
Bryson Hull
HBW Resources
P: 202-657-2855
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BERLIN--(BUSINESS WIRE)--Symbio Infrastructure (“Symbio”) and Siemens Energy announced today that they have entered into an agreement whereby Siemens Energy will provide engineering services, comprehensive lifecycle equipment and technology solutions, and further carbon emission footprint reduction solutions for Symbio’s subsidiary GNL Quebec’s carbon-neutral Énergie Saguenay liquefied natural gas (“LNG”) project in Quebec, as well as Symbio’s subsidiary Gazoduq’s carbon-neutral natural gas transmission line project between Ontario and Quebec.
Énergie Saguenay’s 10.5 MTPA LNG export facility will be powered by nearby renewable hydroelectricity and is expected to set a global standard for carbon-neutral LNG production. Fed by Gazoduq’s carbon-neutral natural gas transmission line, Énergie Saguenay plans to operate the lowest carbon-intensity LNG plant in the world.
Under the agreement, Siemens Energy will provide its portfolio of greener solutions for rotating equipment, electrical, and digital infrastructure. Furthermore, the Parties will work together to explore green hydrogen development opportunities as a new potential investment initiative to be considered by Symbio.
Governments around the world are prioritizing decarbonization and accelerating the energy transition to combat global climate change. Symbio and Siemens Energy are aligned in their environmental stewardship and commitments to develop innovative infrastructure that helps meet these goals. In addition, Siemens Energy and Symbio envision the alliance aligning with the principles included in the March 2021 Energy Partnership between Germany and Canada to advance their respective net-zero aspirations.
Jim Illich, Founder, and President of Symbio Infrastructure said: “From Symbio’s inception, our fundamental vision has been to meet the world’s growing energy demand by building electrified, carbon-neutral infrastructure that will set new global benchmarks for the energy transition. We are excited to collaborate with Siemens Energy, who not only share our vision and ambitions, but whose innovative technologies and capabilities will further advance and refine Symbio’s innovative projects.”
Tim Holt, member of the Executive Board of Siemens Energy, said: “We’re proud to support Symbio’s carbon-neutral Canadian LNG project powered by hydroelectricity, and Canada’s first carbon-neutral natural gas transmission line, while also integrating cutting-edge Siemens Energy solutions and technology to realize one of the world’s lowest carbon intensity LNG value chains. Siemens Energy is also looking forward to furthering our development of a carbon-free hydrogen economy by collaborating with Symbio and advancing Germany’s collaboration with Canada.”
This press release is available at www.siemens‑energy.com/press
Follow us on Twitter at: www.twitter.com/siemens_energy
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020. www.siemens-energy.com.
Symbio Infrastructure is a Quebec-based limited partnership backed by ESG-focused global investors. Symbio collaborates with its stakeholders and host communities to develop, build, and operate benchmark-setting energy projects that leverage cutting-edge technology and artificial intelligence to promote environmental stewardship locally, while helping to reduce GHG emissions and air pollution globally. Symbio has invested in two innovative, carbon-neutral companies, namely GNL Quebec Inc and Gazoduq Inc, and is exploring other solutions to meet global energy needs. https://www.symbioinfra.com
Siemens Energy
Stacia Licona
Phone: + 1 281-721-3402
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Symbio Infrastructure
Communication Team
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BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chairman and CEO Dr. Vasilis Gregoriou will speak at the European Hydrogen Conference on Wednesday, June 23, 2021. The one-day virtual event is produced by the Energy Council and will feature speakers from across the green energy and oil and gas industries to present an overview of the hydrogen economy and to discuss key next steps in the decarbonization movement.
Dr. Gregoriou will take part in a 20-minute interview, entitled “Fuel Cells to Power Forward the Decarbonization of the Oil & Gas Sector,” which will focus on the status of fuel cell technologies in the transition to a hydrogen economy. He will present his vision for the decade of the fuel cell and discuss how Advent is paving the way towards a new, clean energy economy through its next-generation “Any Fuel. Anywhere.” technology, which allows for remote, no-emission power solutions that are reliable, flexible, durable, and scalable to higher power levels.
The European Hydrogen Conference focuses on the latest projects, technologies, and regulations to achieve the European Commission’s net-zero emissions target. Discussions include the pace of demand creation and developing a long-term integrated hydrogen supply. The conference will take place in two parts: virtually on June 23, 2021, and in person on February 2, 2022 in Vienna, Austria alongside the Energy Council’s annual European Gas Conference.
Dr. Gregoriou’s interview will be broadcast live at 3:30 PM BST / 10:30 AM EDT on Wednesday, June 23. Registration to follow the program is found here: European Hydrogen Conference | Energy Council.
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles critical components for fuel cells and advanced energy systems in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in the San Francisco Bay Area and Europe. With 120-plus patents issued (or pending) for its fuel cell technology, Advent holds the IP for next-generation high-temperature proton exchange membranes (HT-PEM) that enable various fuels to function at high temperatures under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, maritime, aviation and power generation sectors. For more information, visit www.advent.energy.
Advent Technologies Holdings, Inc.
Elisabeth Maragoula
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Sloane & Company
James Goldfarb / Emily Mohr
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