Energy conversion

Ocean Power Technologies Enters Into a New $12.5 Million Common Stock Purchase Agreement With Aspire Capital Fund

Friday, September 18, 2020 - 9:30pm

MONROE TOWNSHIP, N.J., Sept. 18, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (Nasdaq: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today it has executed a new Common Stock Purchase Agreement (the "Purchase Agreement") with Aspire Capital Fund, LLC ("Aspire Capital") to sell up to $12.5 million in common stock to Aspire Capital over a term of 30 months.

Key Points: 
  • MONROE TOWNSHIP, N.J., Sept. 18, 2020 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (Nasdaq: OPTT), a leader in innovative and cost-effective ocean energy solutions, announced today it has executed a new Common Stock Purchase Agreement (the "Purchase Agreement") with Aspire Capital Fund, LLC ("Aspire Capital") to sell up to $12.5 million in common stock to Aspire Capital over a term of 30 months.
  • "We are excited to renew our relationship with Aspire Capital and the flexibility to potentially access capital on a cost-effective basis," said George H. Kirby, President and Chief Executive Officer of Ocean Power Technologies.
  • "By focusing on lowering costs to obtain working capital, we believe this agreement allows the Company to receive a higher value return for funding to meet our projected sales growth and our continued innovations in providing ocean power."
  • Headquartered in Monroe Township, New Jersey, OPT aspires to transform the world through durable, innovative, and cost-effective ocean energy solutions.

Free Flow, Inc. (FFLO) Announces Formation of Advisory Board and Introduces First Member

Friday, September 18, 2020 - 2:00pm

(FFLO:OTCPINK), whose current subsidiaries provide vehicle dismantling and the recycling of OEM auto parts and supplies; scrap metal processing; and auto leasing, today announced the formation of the Companys Advisory Board and introduced its first member, Jeff Russell, who will serve as the Advisory Boards Director of Marketing Strategies.

Key Points: 
  • (FFLO:OTCPINK), whose current subsidiaries provide vehicle dismantling and the recycling of OEM auto parts and supplies; scrap metal processing; and auto leasing, today announced the formation of the Companys Advisory Board and introduced its first member, Jeff Russell, who will serve as the Advisory Boards Director of Marketing Strategies.
  • Mr. Russell possesses over thirty years of international business leadership experience with a focus on revenue generation in a variety of disparate sectors.
  • Specifically, he has expertise developing rapid growth strategies for start-up and early stage organizations, expanding global markets, and building sustainable success.
  • Throughout his career, Mr. Russell has consulted with or directed customer acquisition and customer retention operations involving several Fortune 500 and government organizations.

Anatomy of the New Supercapacitor Industry Revealed by IDTechEx Research

Thursday, September 17, 2020 - 4:51pm

BOSTON, Sept. 17, 2020 /PRNewswire/ -- Surprises abound in the new IDTechEx Research report, " Supercapacitor Markets, Technology Roadmap, Opportunities 2021-2041 ".

Key Points: 
  • BOSTON, Sept. 17, 2020 /PRNewswire/ -- Surprises abound in the new IDTechEx Research report, " Supercapacitor Markets, Technology Roadmap, Opportunities 2021-2041 ".
  • On the other hand, China is badly behind in researching supercapacitor bodywork, smart skin and other radical advances scoped in the IDTechEx Research report, " Supercapacitor Materials and Formats 2020-2040 ".
  • For more information on this report, please visit www.IDTechEx.com/supercaps or for the full portfolio of research available from IDTechEx please visit www.IDTechEx.com/Research .
  • IDTechEx guides your strategic business decisions through its Research, Consultancy and Event products, helping you profit from emerging technologies.

Anatomy of the New Supercapacitor Industry Revealed by IDTechEx Research

Thursday, September 17, 2020 - 4:47pm

BOSTON, Sept. 17, 2020 /PRNewswire/ -- Surprises abound in the new IDTechEx Research report, " Supercapacitor Markets, Technology Roadmap, Opportunities 2021-2041 ".

Key Points: 
  • BOSTON, Sept. 17, 2020 /PRNewswire/ -- Surprises abound in the new IDTechEx Research report, " Supercapacitor Markets, Technology Roadmap, Opportunities 2021-2041 ".
  • On the other hand, China is badly behind in researching supercapacitor bodywork, smart skin and other radical advances scoped in the IDTechEx Research report, " Supercapacitor Materials and Formats 2020-2040 ".
  • For more information on this report, please visit www.IDTechEx.com/supercaps or for the full portfolio of research available from IDTechEx please visit www.IDTechEx.com/Research .
  • IDTechEx guides your strategic business decisions through its Research, Consultancy and Event products, helping you profit from emerging technologies.

ERI’s Andrew Nunan Named to Indiana Governor’s Recycling Market Development Board

Thursday, September 17, 2020 - 4:59pm

ERI , the nations largest fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company, has announced that Andrew Nunan, Senior Operations Manager of ERIs Plainfield, Indiana facility, has been appointed to Governor Eric J. Holcombs Recycling Market Development Board (RMDB).

Key Points: 
  • ERI , the nations largest fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company, has announced that Andrew Nunan, Senior Operations Manager of ERIs Plainfield, Indiana facility, has been appointed to Governor Eric J. Holcombs Recycling Market Development Board (RMDB).
  • Nunan, who has been with ERI for more than seven years and oversees the company's Plainfield plant, is one of four new members named to the board.
  • In 2021, IDEM anticipates funding for projects that facilitate the development and implementation of waste reduction, reuse, and recycling in Indiana.
  • By fostering the recycling markets in Indiana through these grants, IDEM supports the growth of the states recycling sector infrastructure.

Tecogen Receives Order for Trigeneration Project in Manhattan

Thursday, September 17, 2020 - 4:00pm

We are seeing continued interest in InVerde cogeneration systems for buildings in New York City with space limitations, noted Abinand Rangesh, Director of Corporate Strategy at Tecogen.

Key Points: 
  • We are seeing continued interest in InVerde cogeneration systems for buildings in New York City with space limitations, noted Abinand Rangesh, Director of Corporate Strategy at Tecogen.
  • In addition to providing substantial energy savings, the building will have added resiliency to grid outages due to Tecogens exclusive inverter and microgrid controls.
  • This is our second project with this ESCO for a trigeneration plant, noted Benjamin Locke, Tecogens CEO.
  • In business for over 35 years, Tecogen has shipped more than 3,000 units, supported by an established network of engineering, sales and service personnel throughout North America.

JinkoSolar Supports Japan's Largest Oil Refiner to Build Gas Station PV Power Plant in Japan

Thursday, September 17, 2020 - 12:17pm

For this project, JinkoSolar's high-efficiencymonocrystalline products will be deployed and installed on the roof of gas stations connected to a cloud-based distributed power plant, and will become the first VPP project of JinkoSolar in Japan.

Key Points: 
  • For this project, JinkoSolar's high-efficiencymonocrystalline products will be deployed and installed on the roof of gas stations connected to a cloud-based distributed power plant, and will become the first VPP project of JinkoSolar in Japan.
  • This allows more efficient battery control optimization and effectively re-utilizes the solar power generation on demand.
  • A world-renowned solar brand, JinkoSolar is also the first foreign-owned solar module manufacturer to achieve annual shipments of over 1 GW in Japan[1].
  • JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world.

Space Heaters Market - Post Pandemic Recovery Plan  Strategies and Processes | Growth in Expenditure on Essential Items to Boost Market Growth | Technavio

Thursday, September 17, 2020 - 11:15am

To capitalize on the growing purchasing power of consumers, vendors in the market are offering a wide range of space heaters.

Key Points: 
  • To capitalize on the growing purchasing power of consumers, vendors in the market are offering a wide range of space heaters.
  • All these factors are contributing to the growth of the global space heaters market.
  • Many such benefits are encouraging consumers to prefer space heaters over central heating systems, which is fuelling the growth of the global space heaters market.
  • This market research report segments the space heaters market by Product (Fan heaters, Convection heaters, Radiant heaters, and Ceramic heaters) and Geography (Europe, North America, APAC, South America, and MEA).

Wind Turbine Generator Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABB Ltd. and Alxion | Technavio

Thursday, September 17, 2020 - 11:00am

In addition, R&D in direct-drive generators for wind turbines is anticipated to boost the growth of the wind turbine generator market.

Key Points: 
  • In addition, R&D in direct-drive generators for wind turbines is anticipated to boost the growth of the wind turbine generator market.
  • The growing use of wind energy worldwide is increasing the demand for wind turbine generators, thereby driving the growth of the market.
  • The company develops a series of wind turbine generators specifically made for remote, industrial, and community wind, simulating large wind farm turbines features.
  • Wind Turbine Generator Market Application Outlook (Revenue, USD Billion, 2020-2024)
    Wind Turbine Generator Market Geography Outlook (Revenue, USD Billion, 2020-2024)

Three-year Cleanfarms Project Focusing on Improving Ag Plastic Recycling

Wednesday, September 16, 2020 - 8:12pm

"We know farmers want more opportunities to manage agricultural waste materials in an environmentally responsible manner," said Cleanfarms Executive Director Barry Friesen.

Key Points: 
  • "We know farmers want more opportunities to manage agricultural waste materials in an environmentally responsible manner," said Cleanfarms Executive Director Barry Friesen.
  • "This project will identify additional options for farmers and agricultural suppliers to incorporate sustainability practices more broadly in their daily operations.
  • Cleanfarms already operates five permanent programs across Canada, the best known of which collects small plastic containers that are 23 litres and under for recycling.
  • "Cleanfarms' initiatives provide much-needed options for proper end-of-lifecycle management of agricultural plastics and dairy farmers are excited to see this project take root."