RMI

Travis Perkins plc - first quarter trading update for the three months to 31 March 2024

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金曜日, 5月 3, 2024

Travis Perkins plc, a leading partner to the construction industry, announces its first quarter trading update for the three months to 31 March 2024

Key Points: 
  • Travis Perkins plc, a leading partner to the construction industry, announces its first quarter trading update for the three months to 31 March 2024
    As anticipated, trading remained challenging as macroeconomic uncertainty continues to impact demand across the construction sector.
  • This resulted in Group revenue being down by (3.7)%* in the first quarter.
  • The General Merchant business continues to gain market share but, with trading volumes remaining subdued, sales across the Merchanting segment were down by (4.4)%* in the quarter.
  • Management will provide an update on progress at the Group’s half year results on 6th August 2024.

ACEN and Rockefeller Foundation Pilot Could Avoid up to 19 Million Tons of CO2 via Carbon Financing

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水曜日, 4月 17, 2024

SINGAPORE, April 17, 2024 /PRNewswire/ -- ACEN Corporation and The Rockefeller Foundation announced today that the first Coal to Clean Credit Initiative (CCCI) pilot project under consideration in the Philippines could avoid up to 19 million tons of carbon dioxide (CO2) emissions. An RMI-led assessment supported by The Rockefeller Foundation explored the climate impact of leveraging carbon finance to close South Luzon Thermal Energy Corporation (SLTEC) coal plant in 2030 – ten years ahead of its scheduled retirement – and replacing it with clean power and battery storage, while supporting the livelihoods of workers affected by the plant's early transition.

Key Points: 
  • Announced during Financing Asia's Transition Conference, the analysis applied CCCI's draft methodology, currently under review by Verra, to assess SLTEC's eligibility for carbon financing.
  • Eric Francia, President & CEO of ACEN Corporation, said: "We are delighted to accomplish this important milestone of confirming the project's eligibility under CCCI's draft methodology.
  • This paves the way to fully develop the just transition plan and engage with potential buyers of carbon credits.
  • By 2025, ACEN hopes to finalize buyer discussions and reach a financial close for this world's first coal-to-clean carbon credit transaction.

Linux Foundation Energy Announces New Open Source Initiatives for Substation Digitalization, Energy AI and Data, and More

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火曜日, 4月 16, 2024

SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- LF Energy, the open source foundation focused on harnessing the power of collaborative software and hardware technologies to accelerate the energy transition, is pleased to announce that four new open source technical projects and three new working groups have been accepted into the foundation. These initiatives will provide the energy sector with new resources around digital substations, preparing for extreme weather events, taking advantage of advances in data and AI technologies, and more. This comes ahead of the Open Sustainability Policy Summit and Open EV Charging Summit, both of which LF Energy is hosting with partners in May.

Key Points: 
  • LF Energy hosts working groups, which bring together communities of disparate stakeholders to identify challenges and develop open source solutions for the energy transition.
  • LF Energy AI is a Special Interest Group created to drive AI for energy priorities forward.
  • LF Energy is organizing three upcoming events to gather various groups of energy stakeholders to learn and share best practices and open source solutions for the energy transition.
  • "We are pleased to see support for open source software, hardware, and standards growing to drive the energy transition forward," said LF Energy Executive Director Alex Thornton.

Study: EV Efficiency Improvements Can Reduce Future Electric Infrastructure and Consumer Costs

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水曜日, 4月 10, 2024

PALO ALTO, Calif., April 10, 2024 /PRNewswire/ -- In a joint study issued today, EPRI and NRDC (Natural Resources Defense Council) found that electric vehicle (EV) efficiency improvements have the potential to significantly reduce future electric infrastructure buildout, energy usage, and consumer costs over the next three decades as the U.S. works toward meeting net-zero targets by 2050.

Key Points: 
  • PALO ALTO, Calif., April 10, 2024 /PRNewswire/ -- In a joint study issued today, EPRI and NRDC (Natural Resources Defense Council) found that electric vehicle (EV) efficiency improvements have the potential to significantly reduce future electric infrastructure buildout, energy usage, and consumer costs over the next three decades as the U.S. works toward meeting net-zero targets by 2050.
  • Key vehicle energy efficiency measures evaluated include reduced weight without sacrificing size or safety, reduced aerodynamic drag, improved battery and powertrain efficiency, and higher battery energy density.
  • According to the study, efficiency gains create opportunities for lower vehicle ownership costs and better performance.
  • To read the full paper, visit: Valuing Improvements in Electric Vehicle Efficiency (epri.com)

Clean Energy Buyers Alliance Names Energy Innovator Rich Powell as New CEO

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月曜日, 4月 8, 2024

WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.

Key Points: 
  • WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.
  • The Clean Energy Buyers Alliance is comprised of the Clean Energy Buyers Association (CEBA) and the Clean Energy Buyers Institute (CEBI).
  • Before leading ClearPath, Rich advised leading global clean energy consuming and producing firms in McKinsey & Company's energy and sustainability practices on clean energy procurement strategy, energy efficiency, and clean energy market entry.
  • "His deep understanding of new clean energy technologies, global energy market dynamics, and business models will help us further accelerate clean energy for all, particularly as our work expands globally."

Clean Energy Buyers Alliance Names Energy Innovator Rich Powell as New CEO

Retrieved on: 
月曜日, 4月 8, 2024

WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.

Key Points: 
  • WASHINGTON, April 8, 2024 /PRNewswire/ -- The Clean Energy Buyers Alliance proudly announces the appointment of Rich Powell as its new chief executive officer.
  • The Clean Energy Buyers Alliance is comprised of the Clean Energy Buyers Association (CEBA) and the Clean Energy Buyers Institute (CEBI).
  • Before leading ClearPath, Rich advised leading global clean energy consuming and producing firms in McKinsey & Company's energy and sustainability practices on clean energy procurement strategy, energy efficiency, and clean energy market entry.
  • "His deep understanding of new clean energy technologies, global energy market dynamics, and business models will help us further accelerate clean energy for all, particularly as our work expands globally."

RiverNorth Closed-End Funds Declare Monthly Distributions

Retrieved on: 
月曜日, 4月 1, 2024

Each Fund maintains a level distribution policy with the intention of providing monthly distributions to shareholders at a constant and fixed (but not guaranteed) rate that is reset annually.

Key Points: 
  • Each Fund maintains a level distribution policy with the intention of providing monthly distributions to shareholders at a constant and fixed (but not guaranteed) rate that is reset annually.
  • Each Fund’s ability to maintain a stable level of distributions to shareholders will depend on a number of factors, including changes in the financial market, market interest rates, and performance of overall equity and fixed income markets.
  • Holders of each Fund’s common stock will receive the distribution under one of two options:
    2.
  • A return of capital does not necessarily reflect a Fund’s investment performance and should not be confused with ‘yield’ or ‘income.’ Any such returns of capital will decrease a Fund’s total assets and, therefore, could have the effect of increasing a Fund’s expense ratio.

Rocketlane Surges into Q2 with New Innovative Product Features, Leadership Hiring, Industry Recognition, and Propel24

Retrieved on: 
火曜日, 4月 2, 2024

Continuing its streak of innovation, Rocketlane has integrated artificial intelligence through 'Resource AI ', a feature designed to enhance resource utilization and profitability.

Key Points: 
  • Continuing its streak of innovation, Rocketlane has integrated artificial intelligence through 'Resource AI ', a feature designed to enhance resource utilization and profitability.
  • The company has also broadened its product offerings with the introduction of 'Custom Reports', a functionality that converts raw data into tailored reports, thereby improving data analysis and insights.
  • Other notable Q1 releases include partner time tracking, scheduled automation, and mobile timesheets, all aimed at enhancing the user experience.
  • "Rocketlane has been rapidly disrupting the customer onboarding and PSA market with thoughtful initiatives and innovation," said Srikrishnan Ganesan, CEO and Co-founder of Rocketlane.

MethaneSAT Now in Orbit after SpaceX Launches Groundbreaking Mission to Protect the Climate

Retrieved on: 
火曜日, 3月 5, 2024

Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.

Key Points: 
  • Just after 4:00pm Pacific Time today MethaneSAT effectively detached from SpaceX Transporter-10 that carried the emissions monitor into space.
  • The groundbreaking satellite is designed to help protect the Earth’s climate by accelerating reductions of a powerful greenhouse pollutant, focusing first on oil and gas operations, a major source of methane.
  • MethaneSAT will show us the full scope of the opportunity by tracking emissions to their source.”
    Krupp announced MethaneSAT in a 2018 TED Talk as part of the TED Audacious Project .
  • MethaneSAT was made possible entirely by the support of EDF donors and our partnership with the Government of New Zealand .

Stewart Investors joins Responsible Minerals Initiative Investor Network as founding member

Retrieved on: 
木曜日, 2月 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Stewart Investors, an active, long-only equity specialist focused on sustainable investing since 2005, today announced it has become a founding member of the Responsible Minerals Initiative (RMI) Investor Network.

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Stewart Investors, an active, long-only equity specialist focused on sustainable investing since 2005, today announced it has become a founding member of the Responsible Minerals Initiative (RMI) Investor Network.
  • We look forward to working with the RMI Investor Network as an inaugural member and encourage others to join us in this important initiative."
  • "The RMI is very pleased to welcome Stewart Investors as the first company to join the newly formed RMI Investor Network," said Jennifer Peyser, Executive Director of the Responsible Minerals Initiative (RMI).
  • This collaboration with the RMI Investor Network follows Stewart Investors' long-term commitment to promote sustainable development and engagement on conflict minerals in the semiconductor supply chain.