Business Wire News

PITTSBURGH--(BUSINESS WIRE)--ERIKS North America, a leading distributor of fluid and material conveyance solutions for industrial customers, announced today that it has appointed David Brown as its Chief Financial Officer.


David Brown has joined ERIKS North America as its new Chief Financial Officer. With more than 15 years of Senior Leadership experience and over 25 years of financial roles in accounting and finance, Brown has expertise aligning finance organizations and departments with overall organizational strategy and operating goals across multiple companies and industries.

Brown was most recently Chief Financial Officer at A. Stucki Company, a manufacturer of highly engineered freight car components, in Pittsburgh, PA where he focused on ERP and acquisition integration to drive value creation and enhanced profitability. Prior to that position he was CFO for Implus LLC, a private equity sponsored consumer packaged goods company. Brown also spent over 17 years at Airgas, an Air Liquide company, in corporate and subsidiary financial leadership roles.

As Brown joins ERIKS North America, he will be guiding our finance team through a transition out of ERIKS Global, who sold the North American division in March 2022.

"We are pleased to welcome Dave to the ERIKS NA team, and I look forward to working closely with him as we build momentum on our growth journey," said Jeff Crane, CEO of ERIKS North America. "Having Dave as a thought partner will ensure that we are not only growing our business aggressively but that we also have the tools and insight necessary to maximize our profitability in the process."

Commenting on his appointment, Brown said, “I am pleased to join a company that is focused on delivering best in class customer experience, is committed to a culture of inclusion and engagement, and is uniquely positioned to deliver enhanced shareholder value.”

About ERIKS North America:

ERIKS North America, a portfolio company of LKCM Headwater Investments, is a leading distributor of fluid and material conveyance solutions for industrial customers. Our technical solutions and services keep our customers running, reduce downtime and total cost of ownership.


Contacts

Lauren Shaffer
This email address is being protected from spambots. You need JavaScript enabled to view it.
412-925-7390

DUBLIN--(BUSINESS WIRE)--The "Denmark Renewable Energy Policy Handbook, 2022 Update" report has been added to ResearchAndMarkets.com's offering.


Denmark Renewable Energy Policy Handbook offers comprehensive information on major policies governing the renewable energy market in the country.

The report discusses renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country.

The report is built using data and information sourced from industry associations, government websites, and statutory bodies.

Scope

  • The report covers policy measures and incentives used by Denmark to promote renewable energy
  • The report details promotional measures in Denmark both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country

Reasons to Buy

  • Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources
  • Identify opportunities and challenges in exploiting various renewable technologies
  • Compare the level of support provided to different renewable energy technologies in the country
  • Be ahead of competition by keeping yourself abreast of all the latest policy changes

Key Topics Covered:

1 Renewable Energy Market, Overview

2 Electricity Supply Act

3 National Renewable Energy Action Plan (Target 2020)

4 Renewable Energy Targets

5 Draft-National Energy and Climate Plan (Target 2030)

6 Energy Strategy 2050

7 National Recovery and Resilience Plan - Green Transition

8 Hydrogen energy in Denmark

  • Green Hydrogen Hub
  • HyBalance's PEM electrolysis Hydrogen plant
  • SeaH2Land

9 Promotion of Renewable Energy Act

10 Auctions

  • Denmark Renewable Energy Auction, 2019
  • Mixed auction
  • Cross-border auctions
  • Solar auctions
  • Auctions Update

11 Net-metering

12 Loan guarantee for construction of wind energy plants

For more information about this report visit https://www.researchandmarkets.com/r/cb7z6o


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

SOUTHFIELD, Mich.--(BUSINESS WIRE)--In its second transaction this quarter, Atwell has acquired Ben Dyer Associates, Inc., a 60-person engineering firm based in Maryland. Ben Dyer Associates specializes in civil engineering, land planning, and surveying services for land development and redevelopment projects throughout Maryland and the District of Columbia. The terms of the transaction were not disclosed.


This acquisition expands Atwell’s reach into the US Mid-Atlantic region and will strengthen Atwell’s ability to support a variety of land development projects, including single and multi-family residential, commercial, and industrial. Ben Dyer is also experienced in the power and energy market, enhancing Atwell’s ability to support solar projects on the east coast.

“Atwell and Ben Dyer share a similar business strategy – we guide and advise our clients through every stage of a project from concept to completion,” said Brian Wenzel, President and Chief Executive Officer of Atwell. “This acquisition supports an expansion into a new region for Atwell and is another meaningful advancement of our long-term strategic growth.”

“Alignment of culture and values is incredibly important for us,” said Steve Mauersberg, President of Ben Dyer Associates. “Ben Dyer and Atwell share a joint vision of improving our communities, helping our clients achieve success, and providing opportunities for our employees.”

The company founder, Ben Dyer, entered private practice as a registered professional engineer and land surveyor in 1935. In 1952, the company was incorporated as Ben Dyer Associates, Inc. Mauersberg began his career with Ben Dyer Associates in 1986. Every president’s career has spanned more than three decades with the company.

“We’re excited to welcome the members of Ben Dyer to the team,” said Bill Anderson, Vice President of Land Development in the US East at Atwell. “We believe that Ben Dyer is the right firm for expanding our geographic footprint while continuing to provide expert service to our land development clients.”

Atwell continues to expand its geographic footprint, service offerings, and capabilities through organic growth and strategic acquisitions. Last month, Atwell financed the acquisition of Cross Surveying, a 28-person land surveying firm based in Florida.

Atwell, LLC is a national consulting, engineering, and construction services firm with technical professionals located across the country totaling more than 1,400 team members. Creating innovative solutions for clients in industries such as real estate and land development, power and energy, and oil and gas, Atwell provides comprehensive turnkey services including land and right-of-way support, planning, landscape architecture, engineering, land surveying, environmental compliance and permitting, and project and program management.


Contacts

Timothy Augustine, Vice President & Partner: ATWELL, LLC 248.447.2005 This email address is being protected from spambots. You need JavaScript enabled to view it.

Capital raise is milestone for construction of KOREPlex, a lithium-ion battery cell gigafactory scheduled to break ground in Arizona Q4 2022

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--KORE Power, Inc. (“KORE”) has closed the initial $75 million tranche of a private placement (the “Financing”) anticipated to total $150 million. Siemens Financial Services was the lead investor and was joined by Quanta Services with additional strategic partners including Nidec Motor Corporation, Honeywell Ventures, Trog Hawley Capital and a leading utility scale energy storage provider. Goldman Sachs & Co. LLC acted as KORE’s Exclusive Placement Agent.



KORE is a leading U.S.-based developer of lithium-ion battery cells and manufacturer of integrated solutions for the e-mobility and energy storage sectors. KORE intends to use the proceeds of the Financing to commence the construction of its KOREPlex gigafactory in the Phoenix area and to purchase long lead-time items required for construction of the facility. The KOREPlex is expected to have initial annual production capacity of 6 GWh of high-density lithium-ion cells. Production is expected to expand to 12 GWh and beyond to meet expected market demand. The KOREPlex will also be among the first U.S. battery cell gigafactories built independently of an automotive OEM. This independence will allow the KOREPlex to supply batteries to a wide range of innovative e-mobility and energy storage customers. KORE will break ground on the KOREPlex this year, with initial output beginning in late 2024.

“Siemens Financial Services is proud to be the lead investor committed to backing KORE with both our capital and know-how. We support the industries and create the infrastructure forming the backbone of the American economy and apply that same commitment to the development of the battery industry in the U.S.," said Steffen Grosse, CEO of Equity Finance, Siemens Financial Services. "KORE's focus on manufacturing and vital industries such as energy storage, transportation electrification and grid modernization align with the strategic direction of SFS’ investments in the U.S. to date."

Earlier this year, BloombergNEF forecast a 30% compound annual growth rate in the energy storage market. Similarly, electrification in the mobility sector, which includes electric vehicles and charging infrastructure, is experiencing rapid growth. According to BloombergNEF, as of July, global electric vehicle sales were up more than 60% year-over-year.

Demand for KORE’s domestically manufactured batteries is expected to further increase due to the domestic content required to fully maximize the energy storage investment tax credit available under the recently passed Inflation Reduction Act.

“Strengthening domestic manufacturing capabilities for battery cells will be critical to the transformation and build out of energy infrastructure in the United States,” said Andrew Schwaitzberg, leader of energy transition initiatives at Quanta Services. “We are excited to invest and partner alongside leading energy innovators who also understand the importance of building and supporting a robust domestic supply chain. We expect our strategic alliance with KORE to enhance Quanta’s ability to deliver comprehensive energy solutions in partnership with our customers.”

Since last year’s announcement that the KOREPlex would be built in Arizona, KORE has announced a series of agreements to secure U.S. supply of materials used in battery cell manufacturing. KORE has also launched a vertically integrated energy storage solutions provider based in Vermont known as KORE Solutions.

“As a U.S.-based manufacturer with the ability to supply top-tier lithium-ion cells, the KOREPlex will take us to the next level. We will have American workers and an American supply chain driving the growth of clean energy and vehicle electrification,” said Lindsay Gorrill, CEO and Co-Founder of KORE Power. “In the coming months, we expect to announce additional agreements demonstrating our commitment to building a domestic supply chain for the KOREPlex and embracing a circular lifecycle for our products.”

About KORE Power
KORE is a leading U.S.-based developer of battery cell technology and integrated solution manufacturer for the energy storage and e-mobility sectors. With clients in energy storage, e-mobility, utility, industrial and defense markets, KORE provides battery products and solutions which are the backbone for decarbonization across the globe. As a U.S.-based, integrated provider of cells, batteries and solutions, KORE is uniquely positioned to serve these markets. Groundbreaking for the construction of the KOREPlex is scheduled for the fourth quarter of 2022 with commercial production scheduled for the fourth quarter of 2024. The KOREPlex will have initial annual production capacity of 6 GWh of battery cells, which will be expanded to 12 GWh to meet expected market demand. KORE is headquartered in Coeur d’Alene, Idaho, with operations in Waterbury, Vermont, and Buckeye, Arizona. For more information, visit www.korepower.com.

About Siemens Financial Services
Siemens Financial Services (SFS) – the B2B financing arm of Siemens – provides financing that makes a difference. At SFS, we empower customers around the globe to access technology with purpose and increase their competitiveness. Based on our unique combination of financial expertise, risk management and industry know-how we provide tailored financing solutions – including flexible leasing and working capital products, project-related and structured financing, corporate lending, equity investments, finance advisory, as well as trade and receivables financing. With highly experienced and passionate teams in 20+ countries, SFS paves the way for industrial productivity, smart infrastructure and sustainable mobility, facilitating the energy transition and enabling high-quality healthcare. Supporting the Siemens DEGREE framework, SFS is one of the leading providers in financing greenfield renewable projects. For more information, visit www.siemens.com/finance.

About Quanta Services
Quanta Services, Inc. is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline, and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.

Cautionary Statement
Certain statements contained herein constitute forward-looking statements, including but not limited to statements about the plans, objectives, and expectations. All statements included herein, other than statements of ‎historical fact, are forward-looking information, and such information involves various risks and ‎uncertainties. KORE Power, Inc. believes the expectations reflected in these forward-looking statements are ‎reasonable, but no assurance can be given that these expectations will prove to be correct, and ‎such forward-looking statements in this news release should not be unduly relied upon. Forward-looking statements included in this news release are subject to risks and uncertainties that may cause actual results to differ materially and are made as of the date of this news release, and ‎ KORE Power disclaims any intention or obligation to update or revise any forward-looking statements, ‎whether as a result of new information, future events, or otherwise, except as expressly required by ‎applicable securities legislation.‎

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

The securities to be issued in connection with the offering described above are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”), and Regulation D promulgated thereunder and have not been registered under the Act or applicable state securities laws. Accordingly, such securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws.


Contacts

David Jakubiak
This email address is being protected from spambots. You need JavaScript enabled to view it.
(708) 299-7733

Aleysha Newton
This email address is being protected from spambots. You need JavaScript enabled to view it.
(208) 758-9392

DUBLIN--(BUSINESS WIRE)--The "Growth Opportunities in Hydrogen as a Commercial Aviation Fuel" report has been added to ResearchAndMarkets.com's offering.


This study analyzes hydrogen use as aviation fuel. Along with sustainable fuels, industry stakeholders are looking at technologies such as direct electric propulsion as alternatives for jet fuel.

Traditional jet fuel comes from processing fossil fuels. As a result, its use in the aviation industry significantly increases carbon emissions, which are responsible for global warming and climate change.

The two primary methods for hydrogen use are fuel cells and direct combustion. Fuel cells deliver the cleanest outputs, making it preferable over direct hydrogen combustion, which emits nitrous oxides.

The hydrogen extraction method also determines its overall contribution to controlling emissions. Derived from fossil fuels, grey hydrogen is not entirely carbon emission-free as the extraction process releases carbon. Blue hydrogen, which is similarly derived, uses carbon capture techniques but is not wholly effective. The major difference in emissions control is achievable through green hydrogen usage, which is from renewable sources and is the cleanest.

Adjacent industries, such as automotive, space, and shipping, are adopting hydrogen. These developments are expected to drive its adoption in the aviation industry. As any new technology has pros and cons, stakeholders involved in hydrogen propulsion technology development, such as aircraft manufacturers, are working toward countering the challenges associated with hydrogen adoption.

Other information includes:

  • Various hydrogen production processes and hydrogen utilization
  • Challenges in managing hydrogen
  • The current scenario in hydrogen adoption as an aviation fuel

Key Topics Covered:

1 Strategic Imperatives

  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative
  • The Impact of the Top 3 Strategic Imperatives on Hydrogen Adoption as a Fuel in the Aviation Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine

2 Growth Opportunity Analysis

  • Growth Drivers
  • Growth Restraints
  • CO2 Emissions - Current Scenario and Industry Mandates
  • Available Alternatives to Traditional Jet Fuel
  • Hydrogen Extraction Processes
  • The Positive and Negative Aspects of Using Hydrogen as a Fuel
  • Primary Challenges and the Way Forward
  • Hydrogen Adoption as a Fuel in Adjacent Industries
  • Key Aviation Industry Developments
  • Major Partnerships

3 Growth Opportunity Universe

  • Growth Opportunity 1 - Form Long-term Partnerships with Stakeholders
  • Growth Opportunity 2 - Airports to Lead Hydrogen Fuel Adoption in the Aviation Industry
  • Growth Opportunity 3 - Direct Hydrogen Propulsion R&D Toward Long-haul Flights
  • Growth Opportunity 4 - Raise Hydrogen Fuel Awareness in Asia-Pacific, Latin America, and Africa

4 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/kov94m


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Funding will be used for technical hiring, to grow its product development team, and to expand its EcoRail product line and customer base

MONTREAL--(BUSINESS WIRE)--#RailIndustry--RailVision Analytics, the company powering the railway industry into a new era of cleantech, announced today it has closed a US$4 million (CAD$5.5 million) seed funding round from investors that back entrepreneurs building the future of transportation. The investment – which was more than two times oversubscribed – was led by Trucks Venture Capital with participation from new investors MUUS Climate Partners, Blackhorn Ventures, Incite.org, and Measured Ventures, and returning investors Active Impact Investments and Neil Murdoch. RailVision will use the funding for technical hiring, to grow its product development team, and to expand its product line and customer base.



RailVision was launched in 2020 with the objective of helping the railway industry reduce its fuel consumption and lower greenhouse gas (GHG) emissions. Fuel is the largest cost to railroad companies after labor. While the railroad industry is open to innovations that will drive efficiencies, tools typically used by the sector to address the issue of high fuel costs are limiting, antiquated, and necessitate complicated integrations.

RailVision’s flagship EcoRail app was launched in 2021 to mitigate skyrocketing fuel prices by lowering consumption, reducing emissions, improving crew safety, monitoring operation compliance, and reducing wear on equipment for the $100B North American rail industry. EcoRail is a lightweight app used on a crew tablet. As it embraces a user interface similar to Google Maps, the app is easy for railroad engineers to adopt. In early demonstrations, EcoRail delivered meaningful fuel cost savings of 10 – 15% and in turn lower GHG emissions.

“The rail industry is the backbone of global supply chains and responsible for moving the majority of the world’s raw and finished materials. It also happens to be the most efficient – and environmentally friendly – transportation industry by nearly four times, yet is often overlooked in terms of opportunities for growth and innovation,” says Dev Jain, founder and CEO of RailVision. “This seed investment enables us to disrupt this status quo by developing technology that can drive growth and introduce innovation to this strong but stable industry, while further reducing its environmental impact. The funding also enables us to significantly expand our reach and deliver a robust solution for the larger Class I market.”

Over the past year, EcoRail has been in pilot testing with several companies, including Genessee & Wyoming, Metrolinx, Port of Montreal, and Via Rail. The app is now commercially available for deployment by all passenger and freight shortline railroads.

“RailVision takes a lightweight, software-only approach but with heavy savings for train operators,” said Reilly Brennan, General Partner at Trucks Venture Capital. “By using RailVision’s product, trains will burn less fuel, save more money, and make transportation better. We’re excited to see where the team takes the product in the future.”

RailVision’s product makes for a more economical option for trains compared to trucks. “The idea behind our vision is to not only highlight what’s possible in the railway industry but to also champion the adoption of rail with the goal of reducing heavy congestion and pressure currently placed on public roads, which will significantly lower GHG emissions,” says Jain.

“There is huge growth and impact potential in the rail sector yet not enough people are thinking about it,” says Mike Winterfield, Managing Partner of Active Impact Investments, Canada's largest climate tech seed fund. “Two impressive early pilots with major railways captured our interest and prompted our investment. Based on the traction RailVision has achieved to date, they are now very well positioned to attract a team that will help the company deliver significant savings to its customers.”

About RailVision

RailVision Analytics is developing in-cab technology for passenger and freight trains to drive efficiency and growth in the rail industry. RailVision’s EcoRail app directly reduces fuel consumption and GHG emissions through improved train handling. For more information, visit RailVision.ca.


Contacts

Media:
Lizanne McReelis
Boulevard Public Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.

Booster, Hyundai, Hyzon, Kenworth, Nikola, Voltera, and other leaders in transportation gather at Port of Long Beach event to showcase zero-emission technologies

SAN MATEO, Calif.--(BUSINESS WIRE)--Booster® — a leading mobile energy delivery company — will be joining top names in transportation at an event to showcase zero-emission technologies on December 7, 2022, at the Port of Long Beach in Long Beach, California. Hosted by the Harbor Trucking Association, the Zero-Emission Ride & Drive event brings together leading transportation companies, suppliers, and vehicle manufacturers that are actively working to combat the growing climate crisis by promoting the adoption of zero-emissions vehicles.


Booster joins the roster of exhibitors to present its progress in mobile fueling innovations, sustainable energy delivery, and decarbonization solutions. Zero-Emission event attendees can experience the technological advancements and learn more about the benefits of zero-emission trucks, buses, and heavy equipment. Attendees will also be able to explore advancements in mobile and stationary electric charging, offsite and onsite hydrogen fuel, ZEV infrastructure parking, and mobile ZEV repair.

Additional exhibitors include heavy-duty commercial vehicle manufacturers Hyundai, Hyzon, Kenworth, Nikola, and Peterbilt as well as regional utility company Southern California Edison and a variety of partners including GTL Hydrogen Trailers and Voltera.

Six heavy-duty zero-emission trucks — including battery-electric vehicles and hydrogen fuel-cell electric vehicles — will be on display from these exhibitors. Attendees have the option to ride, drive, or preview a Class-8 battery or fuel cell electric truck to educate participants about various zero-emission technologies.

“Zero-emissions vehicles and supporting infrastructure are critical assets to decarbonize transportation and accelerate the transition to clean energy,” said Frank Mycroft, founder and CEO of Booster. “The Zero-Emissions Ride & Drive event brings together some of the top players who are working to broaden adoption of zero-emission trucks, and Booster is thrilled to participate as a mobile energy partner.”

The Zero Emission Ride & Drive event comes on the heels of the Global Memorandum of Understanding on Zero-Emission Medium- and Heavy-Duty Vehicles (Global MOU), a global call to action by 16 leading nations to cut climate emissions from transport and accelerate the global zero-emission truck and bus segment. This coalition of countries are encouraging nations around the world to adopt a 100% zero-emission truck and bus sales target by 2040, with an interim goal of 30% zero-emission vehicle sales by 2030, to achieve net-zero carbon emissions by 2050.

Event Details:

Name: Zero-Emission Ride & Drive event

Date: Wednesday, December 7, 2022

Time: 10 am to 4:30 pm PT

Location: Port of Long Beach, 2100 West Anaheim, Long Beach, CA 90802

RSVP details: Event is open to the public, all are welcome. Attendees must pre-register to test drive a Class-8 electric or hydrogen fuel cell truck - register here.

  • Download the Zero-Emission Ride & Drive marketing flier here.

About Booster

Booster is a tech-driven mobile energy delivery company on a mission to fuel the energy transition. Headquartered in San Mateo, California, Booster delivers conventional and renewable energy directly to fleet vehicles nationwide, lowering carbon emissions, reducing costs, and providing access to renewable fuels. At a time when the urgent desire to transition to a more sustainable energy future is far outpacing the development of infrastructure, Booster provides a critical solution for Amazon, Imperfect Foods, UPS, and hundreds of other customers — no filling stations, truck stops, or off-route trips required. For more information, visit boosterusa.com or connect with us on LinkedIn, Twitter, Facebook, and Instagram.


Contacts

Booster Media Contact:
ASTRSK PR
This email address is being protected from spambots. You need JavaScript enabled to view it.

Media Hotline:
(408) 560-7434

DUBLIN--(BUSINESS WIRE)--The "China Renewable Energy Policy Handbook, 2022 Update" report has been added to ResearchAndMarkets.com's offering.

China Renewable Energy Policy Handbook 2022 offers comprehensive information on major policies governing the renewable energy market in the country.


The report discusses renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country.

The report is built using data and information sourced from industry associations, government websites, and statutory bodies. 

Scope

  • The report covers policy measures and incentives used by China to promote renewable energy.
  • The report details promotional measures in China both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the country.

Reasons to Buy

  • Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
  • Identify opportunities and challenges in exploiting various renewable technologies.
  • Compare the level of support provided to different renewable energy technologies in the country.
  • Be ahead of competition by keeping yourself abreast of all the latest policy changes.

Key Topics Covered:

1 Renewable Energy Market, Overview
2 Renewable Energy Targets
3 Renewable Energy Law

  • Taxation Measures
  • Grid Access
  • Interconnection Standards
  • Special Fund for Renewable Energy Development
  • Renewable Energy Power Consumption Guarantee Mechanism
  • Renewable Energy Law Amendments

4 International Science and Technology Co-operation Program for New and Renewable Energy
5 The 14th Five-Year Plan
6 Hydrogen Energy in China

  • Shandong Province
  • Guangdong Province
  • Heibei Province
  • Ningxia Province
  • Henan Province
  • Tianjing Province

7 Renewable Portfolio Standard (RPS)
8 Carbon Intensity Target
9 National Emission Trading Scheme (ETS)
10 Global Environment Facility (GEF) Grants
11 Subsidy-Free Solar, Wind Power Policy

  • Work plan for promoting the construction of unfunded and affordable projects for wind power and solar PV power generation

12 Financial Incentives and Policy Support for Solar, China

  • Solar Auctions and Schemes
  • Solar Mandate
  • Action Plan for the Development of Smart Photovoltaic Industry
  • Research and Development Support for Solar PV

13 Financial Incentives and Policy Support for Wind, China

  • Wind Auctions and Rules
  • Notice on Provisional Management Measures for Distributed Wind Power Project Development and Construction for all provinces
  • Notice regulating the standardization of the wind power equipment and generators quality
  • Market Entry Standards for Wind Equipment Manufacturers

14 Financial Incentives and Policy Support for Hydropower, China

  • Preferential Value Added Tax for Small Hydropower
  • Rural Electrification Policies Favouring Small Hydro Installation
  • China Three Gorges rules for new domestic hydro projects

15 Financial Incentives and Policy Support for Biopower, China

  • Value Added Tax for Biogas
  • Non-food Biomass Feedstock Standardization Technical Committee

For more information about this report visit https://www.researchandmarkets.com/r/p1z2c8

 


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

HOUSTON--(BUSINESS WIRE)--Pan Capital Management LP (“Pan”) has launched a new platform to pursue investments in the midstream natural gas storage, transportation and infrastructure sub-sectors of the energy industry. Pan believes that its background in the energy industry will ensure that it is well-positioned to identify investment opportunities in this space. Pan Midstream is primarily focused on middle-market transactions requiring between $50 million to $150 million of invested capital.


Founded in 2013, Pan is led by highly experienced energy investment professionals who manage a portfolio of energy investments, with over $1 billion in cumulative assets under management. The leadership team at Pan has decades of combined experience investing in the energy industry and hopes to leverage that experience to unlock value in the midstream space.

Kevin Chen, a Partner on the midstream platform, noted that “We are excited to leverage our successful trading platform to acquire midstream natural gas assets. With decades of experience and committed capital, we believe we will be able to close transactions quickly and efficiently.” In addition to Mr. Chen, the team responsible for this new platform will include Sean Pan, who is the co-founder and chief investment officer for Pan, and Ken Fu who serves as the COO and Chief Risk Officer for Pan.


Contacts

Keith Byers
This email address is being protected from spambots. You need JavaScript enabled to view it.

Using patented SOURCE® Hydropanel technology, Diageo India will for the first time in the world, use water made purely from sunlight and air in an alcoholic beverage

This initiative will help accelerate the company’s Society 2030: Spirit of Progress Plan

  • SOURCE® Hydropanels are expected to generate up to 27,000 litres of water drawn from the sky per month, protecting and saving groundwater.
  • Godawan, Diageo India’s artisanal single malt whisky to be made with renewable, sustainable drinking water using patented SOURCE® Hydropanel technology.

BENGALURU, India & SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Diageo India, the country’s leading beverage alcohol company, today announced a first-of-a-kind water stewardship initiative in partnership with SOURCE Global, PBC. The company’s SOURCE® Hydropanels, a groundbreaking technology that uses the sun to draw pure, constantly replenished water vapor out of the sky, will produce premium water for Godawan, Diageo India’s artisanal single malt whisky.

As the technology partner, SOURCE Global will build a 200-panel water farm in Alwar, Rajasthan. Initially, the installation is expected to generate 9,000 litres of water within the first six months and will further scale up to produce around 27,000 litres of water per month after a year. Because SOURCE® is drawn from the pure and constantly replenished water in the sky, the project will save groundwater. Godawan, Diageo India’s artisanal single malt whisky, produced in the warm and dry Alwar region of Rajasthan, will be the first beverage alcohol brand to use SOURCE® water.

Because SOURCE® water is locally made, it reflects the unique terroir of the region. SOURCE Hydropanels also operate off-grid and without electricity or traditional piped water infrastructure, reducing the carbon emissions associated with treating and transporting potable water.

Hina Nagarajan, MD & CEO, Diageo India, said, “We have a responsibility to grow our business sustainably from grain to glass. Last year, we set a vision and commitment to build our Society 2030 program, aligned to the United Nations’ Sustainable Development Goals. The innovative actions of our teams and partners will help us conserve groundwater considerably. Our partnership with SOURCE is aligned to the craft philosophy of born good, made good, and serve good. This is a step forward in our journey to be part of the solution in water-stressed geographies.”

As the first company to use renewable water in an alcohol brand, Diageo India is serving the growing demand for premium, sustainable products in an incredibly unique and powerful way,” said Neil Grimmer, Brand President of SOURCE Global, PBC. “The world, especially in already water-stressed regions like Rajasthan, is now facing the harsh realities of climate change, and Diageo is leading the way toward a more secure and sustainable future. We are proud to partner with them.”

This initiative is aligned to Diageo India’s commitment towards Society 2030: Spirit of Progress Plan. The company recently released its maiden ESG Index, which highlighted the multiple initiatives undertaken by the company during the year such as creating water replenishment capacity of 4,62,182 Cu.M annually and 84,000 litres of potable drinking water per day under its Water, Sanitation and Hygiene (WASH) programme. The company is working to replenish more water than it uses in the water-stressed sites across its operating locations in India through reforestation, wetland restoration, desilting ponds and rainwater harvesting.

About Diageo India

Diageo India is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo PLC. The company manufactures, sells and distributes an outstanding portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, The Singleton, Royal Challenge, McDowell’s No1, Smirnoff, Ketel One, Tanqueray and Captain Morgan.

Headquartered in Bengaluru, our wide footprint is supported by a committed team of over 3,145 employees, 47 manufacturing facilities across states and union territories in India, a strong distribution network and a state-of-the-art Technical Centre.

Incorporated in India as United Spirits Limited (USL), the company is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India. For more information about Diageo India, our people, our brands, and our performance, visit us at www.diageoindia.com. Visit Diageo’s global responsible drinking resource, http://www.DRINKiQ.com, for information, initiatives, and ways to share best practices.

Celebrating life, every day, everywhere.

About SOURCE Global, PBC

A Public Benefit Corporation, SOURCE Global, PBC’s mission is to make drinking water an unlimited resource. The company’s SOURCE® Hydropanels use the sun to draw pure water vapor out of the air and transform it into fresh, high-quality, perfectly mineralized drinking water. Because the company’s technology operates entirely off the grid, it is uniquely well suited to serve areas with no reliable access to safe drinking water and those with little to no infrastructure, putting the fundamental right of safe, sustainable drinking water in the hands of every person in nearly every climate and corner of the world. Unlike piped, well or bottled water, SOURCE water is produced where it’s needed and constantly measured and monitored by digital sensors in each panel. SOURCE®Hydropanels are currently serving communities, schools, hospitals, NGOs, businesses and homes across the world and SOURCE is on Fast Company’s 2020 list of most innovative social good companies. Headquartered in Scottsdale, Arizona, the company operates in more than 50 countries and on six continents. SOURCE is a registered trademark of SOURCE Global, PBC.


Contacts

Rajalakshmi Azariah, Diageo India
This email address is being protected from spambots. You need JavaScript enabled to view it. | +91 9535873006

Zarin Darashaw, Diageo India
This email address is being protected from spambots. You need JavaScript enabled to view it. | +91 9867373804

Prerana Channe, Genesis BCW
This email address is being protected from spambots. You need JavaScript enabled to view it. | +91 9967857161

Carole Akl, Manager, International Marketing Communications
This email address is being protected from spambots. You need JavaScript enabled to view it. | +971 553364660

Lynne Boschee, Vice President, Corporate Communications
This email address is being protected from spambots. You need JavaScript enabled to view it. | +1 6026251956

Company’s Second Green Bond Issuance Brings Significant Customer Savings When Compared to Traditional Utility Financing

OAKLAND, Calif.--(BUSINESS WIRE)--As a significant milestone in its work to provide affordable, safe and reliable energy to its customers, Pacific Gas and Electric Company (the Utility), through its subsidiary PG&E Recovery Funding, LLC, recently finalized a $983.4 million green bond issuance to finance electric work that will have significant environmental benefits while also keeping its customers and hometowns safe.

PG&E Recovery Funding issued the bonds to finance a variety of wildfire safety investments that the Utility has made in its electric system. The bonds were recently designated as green bonds following an analysis by S&P Global Ratings. Green bonds are a designation for capital project financings with environmental benefits. This is the Utility’s second green bond offering, with the first coming in November 2021.

In conducting its analysis of the bond issuance, S&P Global Ratings noted that the Utility’s ongoing safety work would have environmental benefits by hardening the electric system and preventing the ignition and spread of wildfires, therefore preserving the health of California’s forests, and maintaining the existing state of natural ecosystems.

“PG&E is committed to delivering on the triple bottom line of serving people, the planet and California’s prosperity. This means continuing our long history of environmental stewardship while also working to keep energy affordable for our customers. These green bonds allow us to save money for customers while completing critical safety work that has long-term environmental benefit for the hometowns we serve,” said Chris Foster, PG&E Corporation’s Executive Vice President and Chief Financial Officer.

In addition to the environmental benefits, financing critical wildfire safety work through the recovery bonds authorized by California Assembly Bill 1054 will result in significant customer savings due to the lower cost of securitization when compared to traditional utility financing. The most recent transaction is estimated to result in approximately $300 million of customer savings on a net present value basis relative to traditional rate base financing.

The investments financed by these green bonds include electric system improvements and hardening efforts found within Pacific Gas and Electric Company’s Community Wildfire Safety Program. These investments have been authorized by the California Public Utilities Commission through the utility’s 2020 General Rate Case, as well as its Wildfire Mitigation Plans.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

Forward-Looking Statements

This news release contains forward-looking statements that are not historical facts, including statements about the beliefs, expectations, estimates, future plans and strategies of PG&E Corporation and the Utility (together, “PG&E”), including but not limited to the issuance of green bonds and their environmental, financial and operational impacts. These statements are based on current expectations and assumptions, which management believes are reasonable, and on information currently available to management, but are necessarily subject to various risks and uncertainties. In addition to the risk that these assumptions prove to be inaccurate, factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include factors disclosed in PG&E Corporation and the Utility's joint annual report on Form 10-K for the year ended December 31, 2020, their most recent quarterly report on Form 10-Q for the quarter ended September 30, 2021, and other reports filed with the Securities and Exchange Commission, which are available on PG&E Corporation's website at pgecorp.com and on the SEC website at www.sec.gov. PG&E Corporation and the Utility undertake no obligation to publicly update or revise any forward-looking statements, whether due to new information, future events or otherwise, except to the extent required by law.


Contacts

Marketing & Communications | 415.973.5930 | www.pge.com

Project awarded $8 million to fund one of the largest bidirectional school bus projects in U.S.

BELMONT, Calif.--(BUSINESS WIRE)--The Mobility House has been selected by New York City School Bus Umbrella Services (NYCSBUS) to manage electric vehicle charging and vehicle-to-grid (V2G) operations for the largest V2G school bus electrification project in the state. Awarded $8 million by New York State Energy Research and Development Authority's (NYSERDA) New York Clean Transportation Prizes program, NYCSBUS will leverage The Mobility House’s charge and energy management system, ChargePilot®, to optimize infrastructure planning and operation for 30 electric school buses deployed at the Bronx’s Zerega Avenue depot. The Mobility House’s modeling estimates NYCSBUS will save $70,000 to $160,000 annually with managed smart charging.



“We are excited to work with The Mobility House, thanks to generous funding from NYSERDA, to serve as the blueprint for how to rapidly scale school bus electrification in New York to meet the state’s ambitious goals,” said Matt Berlin, CEO of NYCSBUS. “The Mobility House is the most proven charge management provider in this space, and we appreciate their partnership in planning and implementing charging infrastructure to drive towards the electric future.”

Learnings and data from this project, gathered by The Mobility House and partners, will provide statewide resources that align with New York’s electric school bus mandate for 2035 and NYCSBUS’s goal of electrifying its 850 school buses by 2030, including the near-term support for electrification transitions at two additional school districts. Additional project partners include World Resources Institute, CALSTART, Bronx Community College, New York League of Conservation Voters and South Bronx Unite. NYCSBUS is expected to receive the first 10 electric school buses in 2023, with the next 20 electric buses to follow.

“It is an honor to partner with NYCSBUS and NYSERDA in accelerating the state’s transition to cleaner transportation. Our global charge management expertise with some of the world’s largest electric fleets will help set the standard for scalable, intelligent electric infrastructure across New York,” said The Mobility House U.S. Managing Director Gregor Hintler.

Responsible for managing all charging infrastructure at the Zerega Avenue depot, with 30 chargeports planned, The Mobility House’s ChargePilot adjusts the charging rate of electric school buses according to real-time travel schedules, as well as the local utility rates, to deliver charging at the lowest cost to the district. ChargePilot will also support the bidirectional charging operations at the site that can provide additional revenue for the district and local energy resilience once implemented.

“The electrification of our transportation services is fundamental to improving health and climate conditions and offers a key opportunity to prioritize historically underserved communities who continue to suffer disproportionately the effects of air pollution,” said Sue Gander, Director of the Electric School Bus Initiative at WRI. “The vehicle-to-grid integration aspect of this project is particularly exciting, as it will demonstrate how electric school bus batteries can strengthen energy security and community resilience.”

To learn how school districts across the country, including Stockton Unified School District, Modesto City Schools and Ocean View School District are prioritizing smart charging and energy management, visit mobilityhouse.com.

About The Mobility House

The Mobility House’s mission is to create an emissions-free energy and mobility future. Since 2009, the company has developed an expansive partner ecosystem to intelligently integrate electric vehicles into the power grid, including electric vehicle charger manufacturers, 1,000+ installation partners, 80+ energy suppliers, and automotive manufacturers ranging from Audi to Tesla. The intelligent Charging and Energy Management system ChargePilot® and underlying EV Aggregation Platform enable customers and partners to integrate electric vehicles into the grid for optimized and future proof operations. The Mobility House’s unique vendor-neutral and interoperable technology approach to smart charging and energy management has been successful at over 800 commercial installations around the world. The Mobility House has more than 250 employees across its operations in Munich, Zurich and Belmont, Calif. For more information visit mobilityhouse.com.


Contacts

Christine Bennett for The Mobility House
This email address is being protected from spambots. You need JavaScript enabled to view it. | +1 925.330.4783

100-megawatt solar facility and 20 MW/50MWh storage facility to provide renewable energy to CCCE and SVCE

Rabbitbrush Solar brings significant economic and environmental benefits to Kern County through community donations and local partnerships

DALLAS--(BUSINESS WIRE)--Leeward Renewable Energy (“LRE” or “Company”) today announced that it has completed construction and commenced operations of its 100-megawatt (MW) Rabbitbrush Solar Facility located in Kern County, California, which also includes a 20 MW, 50 MWh battery energy storage system. As previously announced, the energy generated by the project will serve two not-for-profit, community-owned electricity providers, Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE), through two 15-year power purchase agreements (PPAs).


LRE, CCCE and SVCE hosted a ribbon cutting ceremony at the Rabbitbrush Solar Facility earlier today to celebrate the start of operations at the facility. The event featured comments from Chief Executive Officer of LRE, Jason Allen; Chief Operating Officer of CCCE, Rob Shaw; Chief Operating Officer & Director of Power Supply at SVCE, Monica Padilla; Director of Kern County Planning and Natural Resources, Lorelei Oviatt; Executive Director of CalCCA, Beth Vaughn; and Kern County Supervisor, Zack Scrivner.

“LRE is proud to partner with CCCE and SVCE on a monumental project that will provide significant economic and environmental benefits,” said Jason Allen, LRE’s Chief Executive Officer. “Bringing this project online is another example of how we manage our projects in alignment with our core values of protecting and respecting the environment in the communities where we operate. Our focus is on providing continuous value to local communities, while building and maintaining strong, long-term relationships.”

Rabbitbrush Solar will serve the needs of nearly 40,000 homes per year and displace approximately 48,000 metric tons of carbon dioxide annually. Additionally, as part of LRE’s continued commitment to preserving and protecting the environment, the Company has signed an agreement with the National Audubon Society and Kern Audubon Society to contribute $150,000 to a fund for the study and conservation of the Swainson's Hawk in the Antelope Valley.

“Responsible renewable energy development and wildlife conservation go hand in hand, and LRE’s contribution to the very important Swainson’s Hawk Conservation Fund will help hawks in the Antelope Valley of California survive and thrive,” said Garry George, director of the National Audubon Society’s Clean Energy Initiative. “We are pleased to collaborate with LRE as we advance habitat conservation and clean energy in Kern and Los Angeles Counties, and we look forward to partnering with other companies in the region to ensure renewable energy facilities avoid, minimize, and mitigate the impacts on birds and other wildlife.”

LRE also contributed significant economic and job benefits to Kern County including hundreds of thousands of dollars through community donations and project fees that fund critical public services. Additionally, the project generated significant sales and property tax benefits, and created 380 union jobs during peak construction.

The Rabbitbrush Solar Facility features ultra-low carbon, thin-film photovoltaic solar modules that use less energy, water, and semiconductor material. Additionally, the project’s 20 MW, 50MWh battery energy storage system is designed to support the resiliency and reliability of the California electrical grid.

“The Rabbitbrush project is Central Coast Community Energy’s second solar-plus-storage power purchase agreement to come online this year,” said Rob Shaw, Chief Operating Officer of Central Coast Community Energy. "Coupling solar generation with battery storage allows us to move closer to a decarbonized energy grid and statewide emission-reduction goals. CCCE is committed to investing in innovation while delivering reliable energy to our customers.”

“Rabbitbrush helps Silicon Valley Clean Energy deliver on its commitment to provide clean, affordable, and reliable electricity,” said Monica Padilla, SVCE Chief Operating Officer and Director of Power Resources. “As SVCE communities shift away from fossil fuels to electrify homes and buildings, new projects like Rabbitbrush that add carbon-free capacity and reliability to the grid are key.”

LRE closed construction financing and secured tax equity commitment for the Rabbitbrush Solar Facility in June 2022, and closed on the tax equity funding in October 2022.

About Leeward Renewable Energy, LLC

Leeward Renewable Energy (LRE) is a leading renewable energy company that owns and operates a portfolio of 25 renewable energy facilities across nine states totaling more than 2,500 megawatts of generating capacity. LRE is actively developing and contracting new wind, solar, and energy storage projects in energy markets across the U.S., with 1.9 gigawatts contracted and 20 gigawatts under development and construction spanning over 100 projects. LRE is committed to providing long-term, sustainable energy solutions across all its projects that benefit its community partners while protecting and enhancing the environment. LRE is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest defined benefit pension plans with C$121 billion in net assets (as of December 31, 2021). For more information, visit www.leewardenergy.com.


Contacts

For more information:

Kelly Kimberly
713.822.7538
Liz James
281.881.5170
FGS Global
This email address is being protected from spambots. You need JavaScript enabled to view it.

CHICAGO--(BUSINESS WIRE)--Kanbrick, the long-term investment partnership focused on acquiring and building founder- and family-owned businesses, today announced the appointment of Terry McNew as Chief Executive Officer of Marine Concepts, a leading marine aftermarket platform.



McNew previously served as CEO of MasterCraft, where he meaningfully increased sales and profitability and led the company through its 2015 initial public offering. He was responsible for modernizing the company’s design and manufacturing processes. He also led notable acquisitions, including Crest and NauticStar, while also launching the Aviara brand. More recently, McNew served as CEO of Klaussner Home Furnishings.

McNew assumes the role from founder Randy Kent, who remains a partner and owner in the business and focuses on product innovation and strategic partnerships. Kent patented the technology behind Marine Concepts’ flagship brand, a semi-permanent modular system that protects boats with ease, taking the time-consuming task down to minutes.

“We’re excited to bring Terry aboard as we build a strong marine platform together,” said Kanbrick Co-Founder Tracy Britt Cool. “We’re aligned in our vision to develop the preeminent platform to better serve the needs of recreational boating enthusiasts, and it’s clear that Terry’s in-depth experience and passion for boating will help take Marine Concepts to the next stage. We’re excited to work together to continue to strengthen Marine Concepts’ reputation and deepen the loyalty among boaters that Randy and the team have earned over the last 17 years.”

In his role as CEO, McNew will oversee the day-to-day operations and the company’s long-term organic growth and acquisition strategy in close partnership with the Kanbrick team. Kanbrick acquired Marine Concepts in June 2022 to build a leading platform of marine accessory brands by investing in product, expanding into new geographies and channels, and strengthening the customer experience.

“I’m thrilled to join Marine Concepts,” McNew said. “Randy and the team have created the world’s best boat cover, and I look forward to building on its success by entering new markets, expanding our product offering, and acquiring additional high quality after-market marine products that deliver a world-class experience for boaters.”

About Kanbrick

Kanbrick is a long-term investment partnership founded by Tracy Britt Cool and Brian Humphrey based in Chicago, Illinois. Kanbrick is focused on acquiring, growing, and building great businesses and provides a long-term home for companies. Kanbrick partners closely with owners and executives, taking a hands-on approach to empower people and companies reach their full potential. For more information, visit: www.kanbrick.com.

About Marine Concepts

Marine Concepts, based in Kaiser, Missouri, is a leading designer and manufacturer of custom boat cover systems designed to reinvent the experience of covering a boat. The Company sells direct to boating enthusiasts in the aftermarket channel. Its products utilize digital measurements, customization software, and patented design systems to enable boats to be covered quickly, easily, and securely. For more information, visit: www.worldsbestboatcover.com.


Contacts

Chelsea Allison
This email address is being protected from spambots. You need JavaScript enabled to view it.

Enviva’s terminal at the Port of Pascagoula connects Mississippi to global economies through the export of sustainably sourced wood pellets to help de-fossilize heavy industry

BETHESDA, Md.--(BUSINESS WIRE)--#BioEnergy--Today, Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, held a ceremonial ribbon cutting at its recently opened marine export terminal at the Port of Pascagoula, Mississippi (MS). The event commemorates Enviva’s continued commitment to deliver positive economic impact, growth, and green jobs to Mississippi, as well as the company’s mission to reduce greenhouse gas emissions on a lifecycle basis in power, heat, and heavy industry domestically and abroad.



Enviva owns and operates the deep-water marine terminal in the Bayou Casotte Harbor in Jackson County, MS in partnership with Jackson County Port Authority. Since 2019, the Port Authority and Enviva have invested over $90 million to build the terminal at the Port of Pascagoula which can receive product by rail, barge, and truck as well as support Panamax-sized vessels. The facility includes two wood pellet storage domes with a total storage capacity of 90,000 metric tons. Enviva plans to export wood pellets, sustainably sourced from local, well-managed working forests, from the now fully operational Port of Pascagoula terminal to power and utility customers across Asia, Europe, and the Caribbean – with a majority of the terminal’s future shipments slated for Japan.

“The future has never looked brighter for green jobs, green investment, and the global need to implement true climate change solutions into international economies and supply chains,” said Thomas Meth, President and Chief Executive Officer of Enviva. “Supplying the global demand for more renewable, dispatchable, alternative energy sources continues to be made possible by the dedicated men and woman in southern Mississippi that transport Enviva’s product reliably and safely around the world. Now operational, we will be regularly sending off ships filled with our sustainably sourced wood pellets made in Mississippi by Mississippians.”

To date, Enviva employs nearly 30 people at the Port of Pascagoula and indirectly supports more than 400 jobs across Jackson, Harrison, and George Counties. The terminal at the Port of Pascagoula serves as the shipment point for Enviva’s newly formed “Pascagoula Cluster” which includes Enviva’s Lucedale, Mississippi plant as well as Enviva’s forthcoming plants in Epes, Alabama and Bond, Mississippi.

“This new terminal is a win for Pascagoula, our Gulf Coast, and all of Mississippi,” said Governor Tate Reeves. “Its opening not only further strengthens supply chain infrastructure but expands our economic contributions to the global energy market. Congratulations to Enviva on this exciting launch and I look forward to seeing these Mississippi-made products shared with the world.”

“Enviva has been a great partner in developing and opening the terminal at the Port of Pascagoula, further connecting the Magnolia State to international markets,” said Port Director Mark McAndrews. “Enviva cares about the communities they serve, the people they employ, and the product they produce, which reduces greenhouse gas emissions on a lifecycle basis in homes and industries across the world.”

“Jackson County recognizes Enviva’s confidence in our county and the State of Mississippi with this symbiotic public-private partnership,” said Ken Taylor, Jackson County Board of Supervisors. “The combined investment by Enviva and our Port Authority provides much needed jobs and economic growth for Jackson, Harrison, and George Counties. Let us grow together!”

To date, Enviva’s sustainably sourced woody biomass is predominately used to accelerate the global energy transition and to de-fossilize power and heat generation; however, modern biomass is increasingly being used as a renewable alternative in hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuel. Looking ahead, Enviva plans to double its production capacity over the next four to five years, from 6.2 million metric tons per year (MTPY) to approximately 13 million MTPY, further solidifying the Port of Pascagoula, MS, as an operational and geographical asset for decades to come.

About Enviva
Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11th plant in Epes, Alabama. Enviva is planning to commence construction of its 12th plant, near Bond, Mississippi, in early 2023. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to decarbonize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.

To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.


Contacts

MEDIA:
Jacob Westfall
This email address is being protected from spambots. You need JavaScript enabled to view it.
+1 240-856-0324

Silicon Valley Veteran Paul Sells Leads ABS Affiliate to Create an Industry First Software as a Service Company

HOUSTON--(BUSINESS WIRE)--ABS today announced the launch of ABS Wavesight, a new maritime software as a service (SaaS) company dedicated to helping shipowners and operators streamline compliance while maintaining competitive, more efficient, and sustainable operations.



Built on ABS’ 160-year legacy of maritime innovation and safety, ABS Wavesight combines the industry-leading platforms Nautical Systemsand My Digital Fleet, which are collectively installed on more than 5,000 vessels across the global fleet.

"ABS Wavesight stands well above other maritime software companies by uniting the expansive offerings of Nautical Systems and the innovative performance and compliance tools of My Digital Fleet into one powerful new SaaS business,” said Christopher J. Wiernicki, ABS Chairman, President, and CEO. “ABS Wavesight complements ABS’ core classification services and is an important part of our overall enterprise strategy to support our clients and the industry in the development of cleaner, smarter and safer shipping operations."

Unlike competitors, ABS Wavesight’s purpose-built, integrated solutions ensure a cohesive user experience that reduces costs, improves safety and designs out inefficiencies.

“Our vision for ABS Wavesight is to provide our clients with unmatched value through a suite of products that offer integrated solutions vs. fragmented vendor offerings, open APIs vs. closed systems that don’t share data, and a flexible architecture for easy system integration and maintenance vs. costly upgrades every few years,” said Paul Sells, ABS Wavesight CEO and President. “Our primary focus is developing software that helps clients gain more visibility into their existing operations to mitigate risk and deliver operational excellence as shipping pushes toward a new horizon.”

ABS Wavesight’s flagship products include My Digital Fleet, an AI-driven analytics and performance visualization platform, and Nautical Systems, the fleet management system that provides comprehensive tools to improve reliability and performance. ABS Wavesight builds on these capabilities by seamlessly integrating both products to offer unparalleled visibility into fleet assets and real-time insights that drive sustainable operations and reduce operational risks.

Key benefits of ABS Wavesight and its product features:

  • A clear vision for maritime digital software with a broad, integrated product suite
  • Company reliability and stability backed by 160 years of ABS experience
  • Risk-based business intelligence with the ability to support predictive decision-making using artificial intelligence
  • CII impact calculation and prediction to avoid risk and improve the score
  • Deep insight into fuel spend while improving the efficacy of vessel routes
  • Seamless integration of industry-trusted, third-party data into one single platform

ABS Wavesight promotes strategic collaboration among industry partnerships, such as Kongsberg Digital and Sofar Ocean, with leading operators and owners, such as Capital Ship Management and Diana Shipping Services S.A., which are implementing the My Digital Fleet platform to support organizational sustainability goals.

To learn more about ABS Wavesight, visit the company’s website at www.abswavesight.com.

▬▬

About ABS Wavesight
ABS Wavesight, an ABS-affiliated company, is a global leader in the maritime technology industry pushing to decarbonize operations at sea through digitalization. Built on the successes of ABS’ industry-leading My Digital Fleet and Nautical Systems platforms, ABS Wavesight provides maritime clients innovative fleet management software to improve the reliability and performance of their shipping operations. ABS Wavesight’s portfolio is comprised of best-in-class proprietary technology and third-party integrations that offer unparalleled insight into every aspect of a fleet’s operations.

About ABS
ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance and operational efficiency for marine and offshore assets.

###


Contacts

For more information, contact ABS Media Relations: This email address is being protected from spambots. You need JavaScript enabled to view it.

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced that it plans to make a public offering of 13,500,000 of its Ordinary Shares, without nominal value, in an underwritten registered public offering. FREYR expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional Ordinary Shares as part of this offering.

FREYR intends to use the net proceeds from this offering for (i) the continued construction of Giga Arctic facilities, (ii) development expenditures for Giga America and (iii) general corporate purposes.

Credit Suisse, BofA Securities and Morgan Stanley are acting as book-running managers for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the final size or terms of the offering.

The offering is being made only by means of a previously filed effective registration statement (including a base prospectus) and a preliminary prospectus supplement. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the proposed offering, when available, may be obtained from Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, North Carolina 27560, by telephone at (800) 221-1037 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it.; BofA Securities, Inc., Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, This email address is being protected from spambots. You need JavaScript enabled to view it.; or Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014. Before you invest, you should read the prospectus in that registration statement and other documents FREYR has filed with the Securities and Exchange Commission for more complete information about FREYR and the proposed offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About FREYR Battery

FREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions. Listed on the New York Stock Exchange, FREYR’s mission is to produce green battery cells to accelerate the decarbonization of energy and transportation systems globally. FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in Vaasa, Finland, and the United States. FREYR intends to install 50 GWh of battery cell capacity by 2025 and 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030.

Cautionary Statement Concerning Forward-Looking Statements

All statements, other than statements of present or historical fact included in this press release, including, without limitation, statements regarding FREYR’s use of proceeds from the offering are forward-looking and involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Most of these factors are outside FREYR’s control and difficult to predict. Information about factors that could materially affect FREYR is set forth under the “Risk Factors” section in FREYR’s Registration Statement on Form S-3 filed with the Securities and Exchange Commission (the "SEC") on September 1, 2022, and in other SEC filings available on the SEC’s website at www.sec.gov.


Contacts

Investor contact:
Jeffrey Spittel
Vice President, Investor Relations
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: (+1) 281-222-0161

Media contact:
Katrin Berntsen
Vice President, Communication and Public Affairs
This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: (+47) 920 54 570

LONDON--(BUSINESS WIRE)--#Hydrogen--The sport for purpose electric racing series, Extreme E, has today announced Kaizen Clean Energy (KCE) as its Official Clean Energy Technology Provider for Season 3, starting in 2023.


Kaizen Clean Energy will support ENOWA, NEOM’s energy, water and hydrogen subsidiary, and Green Hydrogen Power Partner to Extreme E, in delivering a pioneering hydrogen microgrid solution to the championship.

Alejandro Agag, founder and CEO, Extreme E, said: “Extreme E required a mobile clean energy solution that could be transported easily on the St Helena and deployed at our races in remote locations. Kaizen Clean Energy’s system is perfectly aligned with Extreme E’s needs. Their unique hydrogen production and purification technology will enable Extreme E to charge its race fleet and support the series’ goals to take its entire event operations power off grid with 100% carbon neutral hydrogen energy – which will be a first in motorsport.”

KCE will be manufacturing, integrating, and deploying their hydrogen production systems from their facility in Texas for use in microgrid power, hydrogen fueling, and industrial hydrogen supply starting in the first quarter of 2023.

“We are thrilled to partner with Extreme E to help charge their fleet and power their event operations using locally generated 100% clean energy”, said Robert Meaney, Co-Founder of Kaizen Clean Energy. “KCE is committed to supporting Extreme E’s vision for an equitable and environmentally beneficial racing series using our microgrid technology to provide safe, economically viable, and logistically friendly method for off grid hydrogen infrastructure.”

Heading into its third season, Extreme E is a radical off-road racing series which showcases electric SUVs and futuristic technologies in some of the world’s most remote and challenging environments.

This five-event global voyage utilises its sporting platform for the purpose of promoting electrification, environment and equality. The series’ goal is to highlight the impact of climate change in some of the world’s most endangered environments, promote the adoption of electric vehicles to pave the way for a lower carbon future, and provide a world-leading gender-equal motorsport platform.

The St Helena, a refitted former Royal Mail ship, transports the Championship’s freight and logistics, including the racing cars and all paddock infrastructure, around the world, as a lower carbon transportation option compared to airfreight.

Kaizen Clean Energy’s technical partnership supports Extreme E’s goal of having the lowest carbon footprint in motorsport, and crucially creating minimal local impact on the environments in which it races.

Season 3 of Extreme E kicks off in NEOM, Saudi Arabia on March 11-12th, 2023, before heading to Scotland, Sardinia, the Amazon or the USA, and a finale in Chile.

To learn more about Extreme E, visit - www.Extreme-E.com

NOTES TO EDITORS

About Extreme E: Extreme E is a radical off-road racing series, founded by the same team behind Formula E, which showcases electric SUVs and futuristic technologies in some of the world’s most remote and challenging environments.

This five-event global voyage utilises its sporting platform for the purpose of promoting electrification, environment and equality. The series’ goal is to highlight the impact of climate change in some of the world’s most endangered environments, promote the adoption of electric vehicles to pave the way for a lower carbon future, and provide a world-first gender-equal motorsport platform.

The first sport to ever be built out of a social purpose, Extreme E aims to minimise environmental impact while maximising awareness, racing in places that have already been damaged or affected by climate change or human interference and taking fans deep into the heart of the most pressing issues facing our planet’s future.

Not only that, but Extreme E is also helping the car industry to develop future-facing technology using racing as a platform for road innovation, which accelerates change ten-fold.

About Kaizen Clean Energy: KCE, a manufacturer of hydrogen generators licensed from Element 1, is developing integrated solutions for electric vehicle (EV) charging, hydrogen fueling, and distributed power for the grid and critical assets. KCE offers it’s mobile microgrid to customers through an Energy as a Service contract, which eliminates large capital expenses and provides customers with the flexibility to scale with energy needs over time. For more information, visit www.kaizencleanenergy.com.

Season 2 Calendar:

Extreme E Season 3 calendar (2023):

March 11-12: Saudi Arabia
May 13-14: Scotland
July 8-9: Sardinia, Italy*
September 16-17: Brazil or USA
December 2-3: Chile

About NEOM: NEOM is an accelerator of human progress and a vision of what a New Future might look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for this New Future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

NEOM will include hyperconnected, cognitive towns and cities, ports and enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a hub for innovation, entrepreneurs, business leaders and companies will come to research, incubate and commercialize new technologies and enterprises in groundbreaking ways. Residents of NEOM will embody an international ethos and embrace a culture of exploration, risk-taking and diversity.

For further information email This email address is being protected from spambots. You need JavaScript enabled to view it. or visit www.neom.com and www.neom.com/en-us/newsroom

About ENOWA: ENOWA is a world-class energy, water and hydrogen company founded in NEOM, Saudi Arabia. ENOWA produces and delivers clean and sustainable resources for industrial and commercial applications using a customer-centric smart and connected system, designed to be circular and takes advantage of NEOM's optimal solar and wind energy profile. ENOWA benefits from NEOM's greenfield site, which has no legacy infrastructure, to advance Energy, Water, and Hydrogen innovation.

ENOWA will act as a catalyst and incubator for developing new, sustainable energy and water businesses while creating a robust economic sector regionally. Through its commitment to renewable energy and efficient water management, ENOWA seeks to become a global reference for industry leaders and setting a benchmark for sustainable economic circular systems around the world.

For more information, please visit enowa.neom.com

About Continental Tires: Founding Partner and Official Tire Partner

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent, and affordable solutions for vehicles, machines, traffic and transportation.

The tyres business area has 24 production and development locations worldwide. Continental is one of the leading tyre manufacturers with more than 56,000 employees and offers a broad product range for passenger cars, commercial and special-purpose vehicles as well as two-wheelers. Through continuous investment in research and development, Continental makes a major contribution to safe, cost effective and ecologically efficient mobility. The portfolio of the tyres business area includes services for the tyre trade and fleet applications, as well as digital management systems for tyres.

Continental has developed a new high-performance tyre for Extreme E Season 2, redesigned to include the use of more sustainable materials. Each of the 30 tyres that Continental has supplied to all ten Extreme E teams now contains recycled polyester made from approximately 60 PET bottles. In total, around a third of each second-generation CrossContact Extreme E tyre consists of recycled and renewable raw materials.

About CBMM: Founding Supplier

CBMM | Niobium is a founding supplier of Extreme E and the Championship’s official Niobium Technology Supplier and Chassis Technology Supplier.

Critical to the automotive sector, niobium produces stronger, lighter and more sustainable cars with better energy efficiency. Its technologies are already widely applied in different areas, including light-weighting, safety, emissions reduction and electronics that will help lead to a sustainable sector transformation. Key applications of niobium in the Mobility sector include chassis, brakes and exhaust systems, drivetrains, batteries and EV charging stations and any number of ancillary components. Its qualities mean materials can be made lighter, stronger, more robust and more reliable – all while being more sustainable than other materials.

CBMM offers technical innovation to customers around the globe through a team of over 2,000 highly trained, dedicated professionals providing cutting-edge niobium products and technology to over 400 clients in around 40 countries.

About LuisaViaRoma: Official Fashion Partner

Defined by the Financial Times as “a haven for directional fashion,” LUISAVIAROMA.COM is the top online luxury fashion destination with 5,000,000 visitors per month and worldwide shipping. With each new season, the website presents the collections of more than 600 established designers and young emerging talents.

About Zenith: Official Timekeeper and Founding Partner

Zenith exists to inspire individuals to pursue their dreams and make them come true – against all odds. Since its establishment in 1865, Zenith became the first watch manufacture in the modern sense of the term, and its watches have accompanied extraordinary figures that dreamt big and strived to achieve the impossible – from Louis Blériot’s history-making flight across the English Channel to Felix Baumgartner’s record-setting stratospheric free-fall jump. Zenith is also highlighting visionary and trailblazing women – past and present – by celebrating their accomplishments and creating in 2020 its first-ever collection dedicated entirely to them, Defy Midnight.

With innovation as its guiding star, Zenith features exceptional in-house developed and manufactured movements in all its watches. Since the creation of the El Primero in 1969, the world’s first automatic chronograph calibre, Zenith has gone on to master fractions of the second with the Chronomaster Sport and its 1/10th of a second precision and the DEFY 21 with a precision of 1/100th of a second.

About Allianz: Founding Partner and Official Insurance Partner

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.7 trillion euros of third-party assets.

About Vodafone Business: Official Technology and Communication Partner

With expertise in connectivity, global scale and the leading IoT platform, Vodafone Business is a leading technology communications company helping organisations succeed in a digital world and keeping society connected. Vodafone’s purpose is to connect for a better future, enabling an inclusive and sustainable digital society, and many of its solutions have sustainability and inclusivity embedded.

Unique in its scale as the largest pan-European and African technology communications company, Vodafone transforms the way we live and work through its innovation, technology, connectivity, platforms, products and services. Vodafone operates mobile and fixed networks in 21 countries, and partners with mobile networks in 52 more. As of 31 December 2021, they had over 300m mobile customers, more than 28m fixed broadband customers and over 22m TV customers.

This collaboration will see Vodafone Business leading innovations and capabilities such as 5G, MPN, IOT and MEC, integrated into Extreme E’s global operations and will include full involvement in the purpose- driven elements of the series, with special prominence on Extreme E’s Legacy Programmes and the Science Laboratory on board the St Helena. Through its IOT solutions, Vodafone Business is helping sustainability efforts, including agriculture, forestation and decarbonisation of energy grids.

Find out more on http://www.Vodafone.com/business and follow Vodafone on its social media channels:

Twitter: @VodafoneGroup

LinkedIn: www.linkedin.com/company/vodafone

About Neat Burger: Official Plant-based Partner

Neat Burger is one of the world’s fastest growing plant-based sustainable burger chains, backed by key investors Formula 1 Champion and X44 Extreme E team owner, Lewis Hamilton, and actor and environmentalist, Leonardo DiCaprio.

Established in 2019, Neat Burger has achieved not only a loyal fanbase but industry recognition too, having won for a second year running the UK’s Best Vegan Restaurant of the Year at the Deliveroo Restaurant Awards and it was nominated for the 2021 GQ Food & Drink Sustainability Award. Most recently, the brand was awarded PETA’s inaugural Company of the Year Award for its game changing approach to plant-based diets, encouraging people to eat delicious, protein-packed plant-based meals.

As part of its mission to create a sustainable future, Neat Burger is working with Eden Reforestation Projects on its large scale reforestation initiatives. In 2021, Neat Burger funded the planting of over one million mangrove trees in Madagascar.

About EY: Official Innovation Partner

EY is a global leader in assurance, tax, strategy, transaction and consulting services. The insights and quality services they deliver help build trust and confidence in capital markets and in economies the world over. EY develops outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, they play a critical role in building a better working world for their people, for their clients and for their communities.

EY originally joined the Championship to help Extreme E achieve its commitment of minimizing the overall footprint whilst creating a positive legacy. In collaborating with Extreme E, EY has become a vital part of creating an Environment Impact Assessment framework which further drives the championship in the direction of positive change. Whilst Extreme E strives to race without leaving a trace, the framework provided by EY has allowed the championship to minimize its environmental impact across each race location. Both prior and post-racing impact assessments have allowed Extreme E to strategically plan their actions within these areas.

About INTERprotección: Official Insurance Broker

INTERprotección is composed of a group of Mexican insurance, reinsurance and surety bond brokerage companies. With global presence and recognition, INTERprotección has more than 40 years of experience in management and comprehensive risk consulting in the Mexican market. Its business model is focused on bringing the client to the forefront and offering them the best service through innovative and disruptive products, more recently with its new brand ​inter.mx,​ its insurance digital platform that is transforming the insurtech game.

About Enel X Way: Official Smart Charging Partner

Enel X Way is the Enel Group's new global business line entirely dedicated to electric mobility. Currently, Enel X Way manages approximately 320,000 charging points, both directly and through interoperability agreements in place worldwide1. As a global platform for e-mobility, the company is focused on developing flexible charging technologies and solutions to improve the customer experience by supporting the electrification of transport for consumers, businesses, cities and public administrations.

Find out more on https://enelxway.it/en/home and follow Enel X Way on its social media channels:

LinkedIn: Enel X Way

Twitter: @enelxway

Instagram: @enelxway

Facebook: @enelxway

1 Public and private charging points, including points of interoperability.


Contacts

For more information on Extreme E, please contact:
Extreme E Communications:

Simra Gulzar, Extreme E
E: This email address is being protected from spambots. You need JavaScript enabled to view it. / +44 7552 858229

Josh Bell, MPA Creative
E: This email address is being protected from spambots. You need JavaScript enabled to view it. / +44 7557 102540

Diego Bustos, BE Mass Media (Latin America -including Brazil-, US Hispanics, Spain, Portugal)
E: This email address is being protected from spambots. You need JavaScript enabled to view it. / +569-8829-9138 or +1-660-847-4645

Please visit the Extreme E media centre to access images, videos and press releases: https://www.extreme-e.com/en/mediacentre

For more information on Kaizen Clean Energy, please contact:

Eric Smith, Kaizen Clean Energy
E: This email address is being protected from spambots. You need JavaScript enabled to view it. / +1 346-337-7788

Please visit the Kaizen Clean Energy website to access video, images, and additional information: https://kaizencleanenergy.com

HOUSTON--(BUSINESS WIRE)--$HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that representatives of Hess Midstream will meet with investors at the Wells Fargo 21st Annual Midstream & Utilities Symposium on December 7, 2022.


A presentation has been posted in the “Investors” section of the Hess Midstream website at www.hessmidstream.com.

About Hess Midstream

Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third-party customers. Hess Midstream owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. More information is available at www.hessmidstream.com.

Forward Looking Statements

This press release may include forward-looking statements within the meaning of the federal securities laws. Generally, the words “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “believe,” “intend,” “project,” “plan,” “predict,” “will” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results and current projections or expectations. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the filings made by Hess Midstream with the U.S. Securities and Exchange Commission, which are available to the public. Hess Midstream undertakes no obligation to, and does not intend to, update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.


Contacts

Investor Contact:
Jennifer Gordon
(212) 536-8244

Media Contact:
Robert Young
(713) 496-6076

DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Renewable Energy Policy Handbook 2022 Update" report has been added to ResearchAndMarkets.com's offering.


'Asia Pacific Renewable Energy Policy Handbook 2022 report covers 17 major countries in the Asia Pacific region - Australia, Bangladesh, China, India, Indonesia, Japan, Kazakhstan, Laos, Malaysia, New Zealand, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam.

The report offers comprehensive information on major policies governing the renewable energy market in these countries. The report discusses renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided by the countries in the region.

Scope

  • The report covers policy measures and incentives used by countries in the Asia Pacific region to promote renewable energy.
  • The report details promotional measures in the Asia Pacific region both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the region.
  • The report covers 17 major countries in the Asia Pacific region - Australia, Bangladesh, China, India, Indonesia, Japan, Kazakhstan, Laos, Malaysia, New Zealand, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam.

Reasons to Buy

  • Develop business strategies with the help of specific insights about policy decisions being taken for different renewable energy sources.
  • Identify opportunities and challenges in exploiting various renewable technologies.
  • Compare the level of support provided to different renewable energy technologies in different countries in the region.
  • Be ahead of competition by keeping yourself abreast of all the latest policy changes.

Key Topics Covered:

1. Executive Summary

2. Renewable Energy Policy, Australia

2.1 Renewable Energy Market, Overview

2.2 Renewable Energy Policy Framework

2.3 State Level Policies and Incentives-South Australia

2.4 State Level Policies and Incentives-New South Wales (NSW)

2.5 State Level Policies and Incentives-Victoria

2.6 State Level Policies and Incentives-Tasmania

2.7 State Level Policies and Incentives-Queensland

2.8 State Level Policies and Incentives-Australian Capital Territory

2.9 State Level Policies and Incentives-Western Australia

2.10 State Level Policies and Incentives-Northern Territory

3. Renewable Energy Policy, Bangladesh

3.1 Renewable Energy Market, Overview

3.2 Renewable Energy Targets

3.3 Renewable Energy Policy

3.4 Hydrogen Energy

3.5 Sustainable and Renewable Energy Development Authority Act

3.6 The Bangladesh Energy Regulatory Commission (BERC) Act 2003

3.7 Net Metering

3.8 Solar Home Systems Program

3.9 New Renewables Policy

4. Renewable Energy Policy, China

4.1 Renewable Energy Market, Overview

4.2 Renewable Energy Targets

4.3 Renewable Energy Law

4.4 International Science and Technology Co-operation Program for New and Renewable Energy

4.5 The 14th Five-Year Plan

4.6 Hydrogen Energy in China

4.7 Renewable Portfolio Standard (RPS)

4.8 Carbon Intensity Target

4.9 National Emission Trading Scheme (ETS)

4.10 Global Environment Facility (GEF) Grants

4.11 Subsidy-Free Solar, Wind Power Policy

4.12 Financial Incentives and Policy Support for Solar, China

4.13 Financial Incentives and Policy Support for Wind, China

4.14 Financial Incentives and Policy Support for Hydropower, China

4.15 Financial Incentives and Policy Support for Biopower, China

5. Renewable Energy Policy, India

5.1 Renewable Energy Market, Overview

5.2 Electricity Act of 2003

5.3 Draft Electricity (Amendment) Bill, 2020

5.4 Cross Border Power Trade Regulation, 2020

5.5 Renewable Energy Targets

5.6 Scheme for Supply of Round-The-Clock (RTC) Renewable Energy

5.7 National Action Plan on Climate Change

5.8 Amendments in National Tariff Policy

5.9 Renewable Energy Certificates

5.10 Memorandum- "Make in India" for Local Content in Renewable Energy Products

5.11 Memorandum-Quality of Solar Modules

5.12 National Wind-Solar Hybrid Policy

5.13 COVID 19 Pandemic Extensions

5.14 Interstate Transmission Network System (ISTS)-Connected Wind-Solar Hybrid Power Projects

5.15 Green Energy Corridor

5.16 Extension on Waiver of Inter-State Transmission Charges for Wind and Solar Projects

5.17 National Renewable Energy Act, 2015

5.18 Green Term Ahead Market (GTAM)

5.19 Union Budget, Allocation for Power Sector

5.20 Green Hydrogen

5.21 Renewable Energy Auctions

5.22 Feed-in-Tariffs

5.23 Support for Renewable Energy, India

5.24 Central Government Schemes for the development of power sector

6. Renewable Energy Policy, Indonesia

6.1 Renewable Energy Market, Overview

6.2 National Energy Policy

6.3 New Tariff Regime for Renewables

6.4 Indonesia Electricity Supply Plan (RUPTL), 2021-2030

6.5 Revocation of 32 regulations in the Energy and Minerals Sector in 2018

6.6 Other Electricity Sector Regulations

6.7 Net-metering scheme

6.8 Value-Added Tax and Import Duty Exemption for Renewable Energy Property

6.9 New Geothermal Law

6.10 Geothermal Fund

6.11 Biofuel Consumption Mandates

6.12 Other Fiscal Incentives

7. Renewable Energy Policy, Japan

7.1 Renewable Energy Market, Overview

7.2 Renewable Energy Targets

7.3 Sixth Strategic Energy Plan, 2021

7.4 Hydrogen Energy in Japan

7.5 Japan Renewable Energy Policy Platform

7.6 Amendment of the Renewable Energy Act (New Feed-in Tariff Act)

7.7 Feed-in Tariffs for Renewable Energy

7.8 Renewable Energy Auctions

7.9 RE 100

7.10 Establishment of New Energy Development Organization

7.11 Renewable Energy Certificates (REC) in Japan

7.12 Act No. 89

7.13 Cool Earth-Innovative Energy Technology Program

8. Renewable Energy Policy, Kazakhstan

9. Renewable Energy Policy, Laos

10. Renewable Energy Policy, Malaysia

11. Renewable Energy Policy, New Zealand

12. Renewable Energy Policy, Pakistan

13. Renewable Energy Policy, Philippines

14. Renewable Energy Policy, Singapore

15. Renewable Energy Policy, South Korea

16. Renewable Energy Policy, Taiwan

17. Renewable Energy Policy, Thailand

18. Renewable Energy Policy, Vietnam

For more information about this report visit "Asia Pacific Renewable Energy Policy Handbook 2022"


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com