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EQS-News: Wolftank Group receives EUR 9.5 million order for hydrogen refueling systems

Retrieved on:

Thursday, June 29, 2023

TPER, ISIN, Supervisory board, Natural gas

Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6), specialized in technologies for energy and environmental solutions, has received a first contract worth EUR 9.5 million from TPER for the installation of hydrogen refueling systems and confirmed it with a Supervisory Board resolution on 28 June.

Key Points:

Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6), specialized in technologies for energy and environmental solutions, has received a first contract worth EUR 9.5 million from TPER for the installation of hydrogen refueling systems and confirmed it with a Supervisory Board resolution on 28 June.
In this first phase, integrated hydrogen refueling systems for buses are to be built at four locations in Emilia Romagna by the end of 2024, while the framework contract volume amounts to EUR 30 million by 2026.
"The past months have shown enormous customer interest in our hydrogen solutions, which is currently reflected in a large offer pipeline.
With our decades of hydrogen expertise, we have created an excellent basis and expect further substantial orders from this pipeline to follow," says Peter Werth, CEO of Wolftank Group.

Government of Canada Supports Clean Energy Projects in Saskatchewan With Over $7-Million Investment

Retrieved on:

Wednesday, June 28, 2023

REGINA, SK, June 28, 2023 /CNW/ - The Government of Canada is supporting Indigenous communities and businesses in Saskatchewan to carry out projects that deliver clean and affordable energy.

Key Points:

REGINA, SK, June 28, 2023 /CNW/ - The Government of Canada is supporting Indigenous communities and businesses in Saskatchewan to carry out projects that deliver clean and affordable energy.
$4,300,000 for Pisim Energy Limited Partnership to deploy two one-megawatt bi-facial solar arrays located in Weyburn, Saskatchewan.
The project will also create community energy plans to improve energy efficiency, reduce GHG emissions and implement local energy solutions in the communities.
Canada's 2030 Emissions Reduction Plan: Clean Air, Strong Economy ensures Canada will remain a world leader in clean power.

GasLog Partners LP Announces Proxy Advisory Firms Institutional Shareholder Services Inc. and Glass, Lewis & Co. Recommend Common Unitholders Vote “FOR” Proposed Transaction

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Wednesday, June 28, 2023

Partnership, Telephone, Internet, Transaction, Natural gas, Special, Webcast, Glass, NYSE, Proxy, Security (finance)

The Special Meeting will be held virtually via webcast at www.virtualshareholdermeeting.com/GLOP2023SM .

Key Points:

The Special Meeting will be held virtually via webcast at www.virtualshareholdermeeting.com/GLOP2023SM .
The Partnership’s Board of Directors (acting upon the recommendation of the Conflicts Committee of the Board of Directors) recommends that the Partnership’s common unitholders vote “FOR” the Transaction.
If you need assistance with voting procedures or have questions regarding the Special Meeting, please contact D.F.
King toll-free at (866) 342-4883 (banks and brokers call collect at (212) 269-5550).

CoolCo Announces Exercise of Purchase Option for two 2-stroke LNG Carrier Newbuilds

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Wednesday, June 28, 2023

CBM, Sale, MEGA, Hyundai Samho Heavy Industries, Newbuild, EPS, Letter, Hand, NYSE, Natural gas, Cargo, LNG

The state-of-the-art MEGA LNG carriers (the “Newbuilds”) are scheduled to deliver from Hyundai Samho Heavy Industries (“HHI”) in Korea in September and December of 2024.

Key Points:

The state-of-the-art MEGA LNG carriers (the “Newbuilds”) are scheduled to deliver from Hyundai Samho Heavy Industries (“HHI”) in Korea in September and December of 2024.
The Newbuilds have a cargo capacity of 174,000 cbm, a GTT Mark III Flex Membrane cargo tank system, reliquification, air-lubrication and shaft generators.
Each of the two Newbuilds is being acquired under the pre-existing purchase option price of approximately $234 million, a discount of approximately 10% to current quoted market value for comparable newbuild vessels.
The expected closing date and payment of the option exercise is Monday July 3, 2023.

CoolCo Announces Expansion of Bank Facility to Fund Recently Announced LNGe Conversion Upgrades

Retrieved on:

Wednesday, June 28, 2023

HD, SOFR, Facility, NYSE, Natural gas, LNG

The additional funding is expected to be drawn on June 30, 2023.

Key Points:

The additional funding is expected to be drawn on June 30, 2023.
The Facility’s underlying SOFR exposure is fully hedged, and the Facility’s scheduled amortization will be adjusted proportionally for the increased size.
The additional debt funding under this Facility will fund the LNGe conversion of five vessels, including retrofits with sub-coolers for LNG boil-off reliquefaction under the recently announced contract with HD Hyundai Global Service.
The improved terms of the Facility speak to our strong financial position, a source of true competitive advantage under current credit conditions.

Enviva Officially Establishes Roots in Alabama with a Ceremonial Groundbreaking in Sumter County

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Wednesday, June 28, 2023

Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, breaks ground on its forthcoming Epes plant under construction in Sumter County, AL.

Key Points:

Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, breaks ground on its forthcoming Epes plant under construction in Sumter County, AL.
(Photo: Business Wire)
Enviva has been active in Sumter County since its initial assessment of the site in 2018.
In 2020, Enviva acquired over 300 acres in the Epes Industrial Park, located next to the Tombigbee River in Sumter County, to build its largest wood pellet production plant.
“I am proud to see more economic development and job creation in Sumter County!” said Alabama Congresswoman Terri Sewell.

Briggs & Stratton Energy Solutions Completes Integration of SimpliPhi® Power

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Wednesday, June 28, 2023

White House, Senior, Software, Energy, United States Department of Defense, Electricity, Ageing, Temperature, LFP, White, Acquisition, Natural gas, Aquinnah, Massachusetts, Briggs & Stratton, Weather, EnergySolutions, Electric battery

MILWAUKEE, June 28, 2023 /PRNewswire/ -- Briggs & Stratton Energy Solutions has completed its integration of industry-leading SimpliPhi Power. Briggs & Stratton acquired the California-based energy storage systems manufacturer in late 2021 and has fully incorporated the company into its business, market strategy and brand. As a result of the acquisition, Briggs & Stratton Energy Solutions now markets a full line of standby generators along with scalable, intelligent energy storage products under the Briggs & Stratton® brand. With 115 years of company experience in power generation, Briggs & Stratton Energy Solutions is positioned to meet the evolving energy needs of today's home and business owners.

Key Points:

MILWAUKEE, June 28, 2023 /PRNewswire/ -- Briggs & Stratton Energy Solutions has completed its integration of industry-leading SimpliPhi Power.
As a result of the acquisition, Briggs & Stratton Energy Solutions now markets a full line of standby generators along with scalable, intelligent energy storage products under the Briggs & Stratton® brand.
With 115 years of company experience in power generation, Briggs & Stratton Energy Solutions is positioned to meet the evolving energy needs of today's home and business owners.
Briggs & Stratton Energy Solutions products include PowerProtect™ home standby generators and SimpliPHI™ Energy Storage Systems with safer lithium ferro phosphate (LFP) cylindrical batteries.

Toward Carbon Neutral Production: Novelis to Trial Use of Hydrogen in Recycling Furnaces

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Wednesday, June 28, 2023

Hydrogen, Deep Decarbonization Pathways Project, Electricity, Energy, Research, Recycling, Carbon, Plasma, Sustainability, Natural gas, Global warming potential, Novelis, Biomass, Progress Energy Inc, Renewable energy, Coal, Latchford

"Switching to renewable energy sources is a key initiative to advance on our journey toward carbon-neutral production," said Emilio Braghi, Executive Vice President, Novelis Inc. and President, Novelis Europe.

Key Points:

"Switching to renewable energy sources is a key initiative to advance on our journey toward carbon-neutral production," said Emilio Braghi, Executive Vice President, Novelis Inc. and President, Novelis Europe.
"Besides decarbonizing our own facility, this collaboration drives the industrial decarbonization of the whole North-West region in UK."
With the recently awarded grant by the Department for Energy Security & Net Zero, Novelis' Latchford plant will test the use of hydrogen on one of its recycling furnaces in a demonstration phase in 2024.
"Decarbonizing our melting processes is a critical lever to achieving our sustainability goals of reducing our carbon footprint by 30% by 2026 and being carbon neutral by 2050 or sooner," said Suzanne Lindsay-Walker, Vice President, Sustainability, Novelis Inc.

Toward Carbon Neutral Production: Novelis to Trial Use of Hydrogen in Recycling Furnaces

Retrieved on:

Wednesday, June 28, 2023

"Switching to renewable energy sources is a key initiative to advance on our journey toward carbon-neutral production," said Emilio Braghi, Executive Vice President, Novelis Inc. and President, Novelis Europe.

Key Points:

"Switching to renewable energy sources is a key initiative to advance on our journey toward carbon-neutral production," said Emilio Braghi, Executive Vice President, Novelis Inc. and President, Novelis Europe.
"Besides decarbonizing our own facility, this collaboration drives the industrial decarbonization of the whole North-West region in UK."
With the recently awarded grant by the Department for Energy Security & Net Zero, Novelis' Latchford plant will test the use of hydrogen on one of its recycling furnaces in a demonstration phase in 2024.
"Decarbonizing our melting processes is a critical lever to achieving our sustainability goals of reducing our carbon footprint by 30% by 2026 and being carbon neutral by 2050 or sooner," said Suzanne Lindsay-Walker, Vice President, Sustainability, Novelis Inc.

Canadians in Atlantic provinces now eligible for pollution pricing rebates

Retrieved on:

Wednesday, June 28, 2023

Not only does carbon pollution pricing ensure it is no longer free to pollute anywhere in Canada, but in provinces where the federal pollution pricing system applies, 8 out of 10 Canadians get more money back than they pay.

Key Points:

Not only does carbon pollution pricing ensure it is no longer free to pollute anywhere in Canada, but in provinces where the federal pollution pricing system applies, 8 out of 10 Canadians get more money back than they pay.
Canada's approach gives provinces and territories the flexibility to implement the system that works best for them: either their own pollution pricing system, or the federal pollution pricing system.
Pollution pricing is the most efficient, effective, and affordable way to lower our emissions and fight climate change.
For Atlantic Canadians, the federal price on pollution will put more money back in the pockets of most families, while helping to protect our environment at the same time."