WEC Energy Group

Illinois Utilities Share Itron AMI Network to Support Meter Modernization

Retrieved on: 
Mardi, mars 7, 2023
Technology, Utilities, Oil, Gas, Alternative Energy, Energy, Other Natural Resources, Environment, IOT (Internet of Things), Sustainability, Software, Networks, Natural Resources, Hardware, Green Technology, Network, City, Peoples Energy, WEC Energy Group, Carbon, AMI, Radio, Partnership, Water, Internet of things, Investment, ITRI, Industrial internet of things, Natural gas, Renewable energy, Commonwealth Edison, Itron

This collaboration marks a significant partnership between two large investor-owned utilities to share the same network infrastructure across common service territories.

Key Points: 
  • This collaboration marks a significant partnership between two large investor-owned utilities to share the same network infrastructure across common service territories.
  • “Using AMI will reduce costs for customers and enhance our level of service,” said Torrence Hinton , president at Peoples Gas and North Shore Gas.
  • “We are thrilled to watch these three innovative utilities exemplify how sharing network infrastructure and collaborating across utility providers can create greener, more resilient and sustainable communities.”
    This gas meter modernization project launched in 2022.
  • From AMI, distribution automation, smart city programs, to the most recent project, deployment of Itron smart streetlights , Itron has helped ComEd deliver record-level reliability by leveraging its network.

WEC Energy Group announces project to demonstrate long-duration organic flow battery storage

Retrieved on: 
Jeudi, février 2, 2023
WEC Energy Group, Peoples Energy, Organic, NYSE, Wisconsin Public Service Corporation, Valley Power Plant, EPRI, WEC, Renewable energy, Electric battery

MILWAUKEE, Feb. 2, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company will lead a pilot project at its Valley Power Plant in Milwaukee to test a new form of long-duration energy storage.

Key Points: 
  • MILWAUKEE, Feb. 2, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company will lead a pilot project at its Valley Power Plant in Milwaukee to test a new form of long-duration energy storage.
  • WEC Energy Group is collaborating with EPRI, an independent, nonprofit energy research and development institute, and CMBlu Energy , the developer and manufacturer of the long-duration battery based in California and Germany.
  • "We look forward to collaborating with WEC Energy Group and CMBlu Energy to help provide solutions to enable additional resilience through the energy transition."
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota.

CN Energy Group. Inc. Announces Closing of $10 Million Underwritten Public Offering

Retrieved on: 
Mercredi, février 1, 2023
Prospectus, Attention, Telephone, Form, WEC Energy Group, Sale, Security (finance), Warrant

Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced the closing of its previously announced underwritten public offering.

Key Points: 
  • Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced the closing of its previously announced underwritten public offering.
  • The gross proceeds to the Company were approximately $10 million, before deducting underwriting discounts and other expenses payable by the Company.
  • The Company intends to use the net proceeds from this offering for general corporate purposes, including, but not limited to, working capital.
  • Aegis Capital Corp. acted as sole book-running manager for the proposed public offering.

WEC Energy Group to acquire 80% ownership of Samson I Solar Energy Center

Retrieved on: 
Mardi, janvier 31, 2023
WEC Energy Group, AT, WEC, Inflation Reduction Act of 2022, Peoples Energy, Samson, Congress, NYSE, Wind, Wisconsin Public Service Corporation, Investment, Inflation, Farm, Telecommunications, Cryptocurrency, Renewable energy

MILWAUKEE, Jan. 31, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire an 80% ownership interest in the Samson I Solar Energy Center.

Key Points: 
  • MILWAUKEE, Jan. 31, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire an 80% ownership interest in the Samson I Solar Energy Center.
  • WEC Energy Group's investment is expected to total approximately $250 million for the 80% ownership interest.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota.
  • WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500.

CNEY Announces Pricing of $10 Million Underwritten Public Offering

Retrieved on: 
Lundi, janvier 30, 2023
WEC Energy Group, Telephone, Sale, Attention, Form, Prospectus, Security (finance), Warrant

Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $10 million, before deducting underwriting discounts and other expenses payable by the Company.

Key Points: 
  • Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $10 million, before deducting underwriting discounts and other expenses payable by the Company.
  • In addition, the Company has granted the underwriter in the offering a 45-day option to purchase up to an additional 15% of ordinary shares and/or Warrants at the public offering price, less underwriting discounts and commissions, to cover over-allotments in connection with the offering.
  • Aegis Capital Corp. is acting as sole book-running manager for the proposed public offering.
  • The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.

CNEY Announces Proposed Underwritten Public Offering of Securities

Retrieved on: 
Vendredi, janvier 27, 2023
WEC Energy Group, Telephone, Sale, Attention, Form, Prospectus, Security (finance)

Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced that it intends to offer its securities in a public offering.

Key Points: 
  • Inc. (NASDAQ: CNEY) ("CNEY", or the "Company") today announced that it intends to offer its securities in a public offering.
  • All of the securities are being offered by CNEY.
  • In addition, CNEY intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the securities offered in the offering at the public offering price, less underwriting discounts.
  • The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

WEC Energy Group to announce 2022 fourth-quarter and year-end financial results Feb. 2

Retrieved on: 
Jeudi, janvier 26, 2023
WEC, Siemens Energy AG, Peoples Energy, Webcast, News, NYSE, WEC Energy Group, Wisconsin Public Service Corporation, Cryptocurrency, Renewable energy

MILWAUKEE, Jan. 26, 2023 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2022 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 2.

Key Points: 
  • MILWAUKEE, Jan. 26, 2023 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2022 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 2.
  • Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time Feb. 2.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota.
  • WEC Energy Group ( wecenergygroup.com ) is a Fortune 500 company and a component of the S&P 500.

CN Energy Establishes its U.S. Headquarters to Expand Its Biochar and Wood-based Activated Carbon Businesses in Global Markets

Retrieved on: 
Lundi, janvier 23, 2023
WEC Energy Group, Soil, Food, Transport, Water purification, Carbon, Recycling, Research, Renewable energy

Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that it had established its United States headquarters in Washington D.C. to accelerate its biochar and wood-based activated carbon businesses in North and South America.

Key Points: 
  • Inc. (NASDAQ: CNEY) ("CNEY" or the "Company") today announced that it had established its United States headquarters in Washington D.C. to accelerate its biochar and wood-based activated carbon businesses in North and South America.
  • It will also seek opportunities to localize production processes to minimize long-distance transportation costs and avoid potential impediments in cross-border supply chains.
  • Both biochar and wood-based activated carbon have a wide range of applications in industrial manufacturing, pharmaceutical manufacturing, food and beverage production, and water purification.
  • Dr. Kangbin Zheng, CNEY's CEO, commented: "Together with our partners, we have commitments, advanced technologies and first-hand experiences in converting forest wastes and agricultural residues into high-quality activated carbon and biochar.

CMBlu Energy Continues U.S. Expansion With Long-Duration Energy Storage Pilot Project in Wisconsin

Retrieved on: 
Jeudi, février 9, 2023
United, Kilowatt-hour, EPRI, Organic, WEC Energy Group, Research, Renewable energy

The pilot project will be based at WEC Energy Group’s Valley Power Plant in Milwaukee, Wisconsin.

Key Points: 
  • The pilot project will be based at WEC Energy Group’s Valley Power Plant in Milwaukee, Wisconsin.
  • The 1-2 MWh pilot with WEC Energy Group will test Organic SolidFlow energy storage for discharge durations of five to ten hours, an area of emerging need for electric power systems undergoing decarbonization.
  • CMBlu has more than a decade of experience in energy storage innovation in Germany.
  • “We look forward to collaborating with WEC Energy Group and CMBlu Energy to advance solutions with the potential to strengthen resilience on the path to a low-carbon future.”
    The pilot project is planned to begin testing in Milwaukee during the fourth quarter of 2023.

General Atomics Contributes to First Recorded Fusion Ignition at Lawrence Livermore National Laboratory

Retrieved on: 
Lundi, décembre 19, 2022
Ignition, United States national laboratories, Deuterium, General Atomics, DOE, NNSA, Burn, Research, Record, Organization, National Nuclear Security Administration, Laboratory, Lawrence Livermore National Laboratory, Fusion rocket, MJ, LLNL, Private sector, Sandia National Laboratories, Field line, ICF, Plasma, The Energy Group, Inertial confinement fusion, University, National Ignition Facility, MFE, Senior, WEC Energy Group, Los Alamos National Laboratory, Lithium, 3D printing, Science

San Diego, CA, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Precision components fabricated and processed by General Atomics (GA) helped to facilitate a record-breaking Inertial Confinement Fusion (ICF) experiment at the National Ignition Facility (NIF) at Lawrence Livermore National Laboratory (LLNL).

Key Points: 
  • San Diego, CA, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Precision components fabricated and processed by General Atomics (GA) helped to facilitate a record-breaking Inertial Confinement Fusion (ICF) experiment at the National Ignition Facility (NIF) at Lawrence Livermore National Laboratory (LLNL).
  • During the experiment, conducted on December 5, 2022, a total of 2.05 megajoules (MJ) of energy were delivered to the target assembly, resulting in 3.15 MJ of fusion energy output.
  • The record-breaking result at NIF demonstrates the importance of public investment in fusion science and robust collaboration with the private sector.
  • IFE would differ from another approach to achieving fusion energy, known as Magnetic Fusion Energy (MFE), which uses magnetic fields to confine the plasma.