Power purchase agreement

Data Centers Industry Assessment and Forecast, 2028: Adoption of AI-based Infrastructure Driving Liquid Immersion and DTC Cooling - ResearchAndMarkets.com

Retrieved on: 
Friday, July 14, 2023
Technology, Artificial Intelligence, Data Management, Lithium, Digital Realty, NVM Express, Amazon Web Services, Iron Mountain, Infrastructure, COVID-19, HVO, ML, Microsoft, Equinix, JV, CyrusOne, AREP, HPC, Natural gas, UPS, Apple, Power purchase agreement, Architecture, AI, Gigabit Ethernet, PPA, Icahn Enterprises, Ali Baba, Asset management, Meta, Oracle

Some trending innovations in the IT infrastructure include adopting NVMe storage devices, ARM-based architecture, 200/400 GbE ports, converged and hyper-converged infrastructure, and others.

Key Points: 
  • Some trending innovations in the IT infrastructure include adopting NVMe storage devices, ARM-based architecture, 200/400 GbE ports, converged and hyper-converged infrastructure, and others.
  • The data centers have witnessed immense changes and transformations in adopting power and cooling infrastructure.
  • Liquid cooling is the most popular cooling technology used in High-Performance Computing (HPC) in the data center market to support AI and ML workloads.
  • Google adopted liquid cooling for its latest AI hardware and has retrofitted its existing data center infrastructure to accommodate liquid cooling.

Organigram Reports Third Quarter Fiscal 2023 Results

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Friday, July 14, 2023
Cannabis, Natural Resources, Purchasing, THCV, Holy Mountain, Drink, Aerosol, Seed, Genetics, Biolab, Ontario Cannabis Retail Corporation, Cannabinoid, Emulsion, Research, WHC, CBG, Public expenditure, PDC, Data, Investment, Power purchase agreement, CBD, Milk, R, THC, Fiscal, Drug, Tea, Fine chemical, Pharmaceutical industry, Phylo (video game), Organizational chart

Q3 Fiscal 2023 saw the introduction of a record-breaking 28 new SKUs to the market for Organigram.

Key Points: 
  • Q3 Fiscal 2023 saw the introduction of a record-breaking 28 new SKUs to the market for Organigram.
  • Organigram has introduced one of its newest high THC cultivars, Tropical Reign, in large format 28g bags, under its Holy Mountain brand.
  • For Fiscal 2023 the Company had approximately $10 million in remaining capex committed to the three facilities.
  • Organigram believes its capital position is healthy and that there is sufficient liquidity available for the near to medium term.

GENAI SUB SIGNS $6 MILLION DOLLAR PURCHASE AGREEMENT WITH SILICON VALLEY AI CUSTOMER

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Thursday, July 13, 2023
Cloud, Equipment, Purchasing, H100, Effective date, CSE, Service-level agreement, Power purchase agreement, Silicon, MAI, Sales management, Customer, Generative, OTC, AI, Video game, Service

In consideration for Services, the Customer has agreed to pay MAI Cloud a fee of approximately $70,000 per month ("Revenue").

Key Points: 
  • In consideration for Services, the Customer has agreed to pay MAI Cloud a fee of approximately $70,000 per month ("Revenue").
  • If the terms of the Purchase Agreement are completed for the full term, it is anticipated that MAI Cloud will receive an aggregate of approximately $6 million in Revenue at a gross margin of approximately $3.5 million.
  • In accordance with the terms and conditions of the Purchase Agreement, the Customer is obligated to pay for the Services for the first 12 months (the "Initial Term") following the effective date of the Purchase Agreement (the "Effective Date"), provided that the Equipment and Services continue to meet the requirements specified in the Purchase Agreement.
  • Ryan Selby, CEO of the Company, commented "This Purchase Agreement marks a significant milestone for GenAI and reflects our commitment to generating revenue and delivering value for our shareholders.

First South African order received to build, own and operate up to 30 Gigawatts of green electricity.

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Thursday, July 13, 2023
Hydrogen, OTC Markets Group, AFRICA, GW, Green hydrogen, EPC, Saab H engine, JV, Green, Mining, Professional, O&M, Power purchase agreement, OEM, Renewable energy, Bank

We are invited to build, own and operate an initial 1 GW facility with the potential to expand to up to 30 GW of solar power in the populous Municipalities of Mpumalanga, South Africa.

Key Points: 
  • We are invited to build, own and operate an initial 1 GW facility with the potential to expand to up to 30 GW of solar power in the populous Municipalities of Mpumalanga, South Africa.
  • A market leading solar pv and battery storage OEM has been selected for the first 1 GW of deliverables to be provided and installed.
  • POWGEX-HYFI is presently in discussions with a world leading EPC and O&M provider for installation of the project deliverables.
  • “By 2050, at least 190 gigawatts (GW) of renewables need to be deployed to fully decarbonise the power sector.

Global Data Center Market Outlook & Forecasts 2023-2028: 5G Deployments Fueling Edge Data Center Investments as Sustainable Innovations in Data Center Power Technology Gain Momentum

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Tuesday, July 11, 2023
Lithium, Digital Realty, NVM Express, IBM, Amazon Web Services, Iron Mountain, Cisco, Meta, Infrastructure, COVID-19, HVO, ML, Microsoft, Equinix, Arista Networks, CyrusOne, Hewlett Packard Enterprise, Huawei, HPC, NetApp, Natural gas, UPS, Architecture, Power purchase agreement, AI, Gigabit Ethernet, PPA, Dell Technologies, Lenovo

DUBLIN, July 11, 2023 /PRNewswire/ -- The "Data Center Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 11, 2023 /PRNewswire/ -- The "Data Center Market - Global Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • In 2022, the U.S. and Canada led the market regarding investment, white floor addition, and power capacity.
  • Liquid cooling is the most popular cooling technology used in High-Performance Computing (HPC) in the data center market to support AI and ML workloads.
  • Google adopted liquid cooling for its latest AI hardware and has retrofitted its existing data center infrastructure to accommodate liquid cooling.

Riot Announces June 2023 Production and Operations Updates

Retrieved on: 
Thursday, July 6, 2023
Miner, Electricity, Mining, Power purchase agreement, Economics, Electric power, Cryptocurrency, ERCOT, Bitcoin, Riot

Going forward, the Company plans to disclose this figure in its monthly updates if it exceeds $1 million for the current month.

Key Points: 
  • Going forward, the Company plans to disclose this figure in its monthly updates if it exceeds $1 million for the current month.
  • “June was a momentous month for Riot, as the results from our mining operations, power strategy and growth plans have all come together,” said Jason Les, CEO of Riot.
  • In June 2023, Texas experienced extreme heat, causing demand for electricity to spike, in some cases extremely close to available supply.
  • Riot actively participates in several demand response programs, including ERCOT’s ancillary services and Four Coincident Peak (“4CP”) program.

Cybin Inc. Reports Fiscal Year 2023 Financial Results and Recent Business Highlights

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Tuesday, June 27, 2023
Mental Health, FDA, Health, Clinical Trials, Pharmaceutical, Biotechnology, Learning, DMT, Inc., IV, Power purchase agreement, Calendar, US, Sales management, MDD, DSM-IV codes, Patent, Deuterium, Ecosystem, NYSE, Safety, NEO, Pharmaceutical industry

Cybin Inc. (NEO:CYBN) (NYSE American:CYBN) (“Cybin” or the “Company”), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, today reported audited financial results for its fiscal year ended March 31, 2023, and recent business highlights.

Key Points: 
  • Cybin Inc. (NEO:CYBN) (NYSE American:CYBN) (“Cybin” or the “Company”), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, today reported audited financial results for its fiscal year ended March 31, 2023, and recent business highlights.
  • CYB003 was well-tolerated at the doses evaluated (single oral doses of 1mg, 3mg, 8mg, and 10mg) with no serious adverse events reported.
  • Depending on market conditions and operating needs, this may provide Cybin with access to additional cash for growth opportunities and working capital.
  • As of June 27, 2023, under the previously announced Purchase Agreement, Cybin has the option to sell up to an additional US$29.5 (C$39.8) million of common shares at its discretion.

Ormat Signs Agreements To Develop 50MW Geothermal Power Plant In New Zealand

Retrieved on: 
Tuesday, June 20, 2023
Power purchase agreement, Electricity, EPC, Growth, Partnership, PPA, EGL, Renewable energy, Ormat Technologies

RENO, Nev., June 20, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (Ormat), a leading geothermal, energy storage, photovoltaic (PV), solar and recovered energy power company, today announced the signing of agreements with Eastland Generation Limited (EGL) to build a 50MW power plant in New Zealand.

Key Points: 
  • RENO, Nev., June 20, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (Ormat), a leading geothermal, energy storage, photovoltaic (PV), solar and recovered energy power company, today announced the signing of agreements with Eastland Generation Limited (EGL) to build a 50MW power plant in New Zealand.
  • Under the terms of the agreement, Ormat will design, build, commission and own the power plant.
  • Under this agreement, Ormat will leverage its extensive expertise and leading geothermal capabilities to design and construct a state-of-the-art geothermal power plant.
  • Doron Blachar, Ormat’s Chief Executive Officer, commented, "We are thrilled to enter into a partnership with EGL to embark on the development of a 50MW power plant in New Zealand.

TELUS and JOLT invest in a healthier future, installing EV charging stations across Canada

Retrieved on: 
Tuesday, June 20, 2023
Partnership, Wi-Fi, EV, Telecommunications, Sustainability reporting, Transport, Electricity, Wall Street, EVS, Transport for NSW, Endeavour Energy, Investment, NSW, Power purchase agreement, Growth, City, TELUS, Renewable energy

“Our partnership with JOLT is just the latest demonstration of TELUS partnering with innovators who share our values, and investing in a healthier, more sustainable future,” said Tony Geheran, Chief Operations Officer, TELUS.

Key Points: 
  • “Our partnership with JOLT is just the latest demonstration of TELUS partnering with innovators who share our values, and investing in a healthier, more sustainable future,” said Tony Geheran, Chief Operations Officer, TELUS.
  • Powered by 100 per cent renewable energy, JOLT has been working to facilitate the growth of EV usage globally.
  • Coupled with TELUS’ dedication to being a world leader in environmental sustainability and using technology for a greener future, this partnership will create more accessible, affordable EV charging in cities across Canada.
  • “We are excited to bring our free, fast, clean charging network to Canada to help Canadian drivers transition to EVs faster.

De Havilland Canada launches the DHC-6 Twin Otter Classic 300-G

Retrieved on: 
Monday, June 19, 2023
Aircraft, De Havilland Canada DHC-6 Twin Otter, Garmin, Pratt & Whitney, Twin, De Havilland Canada, Power purchase agreement, Aviation, AB, Marketing, Chafe, G1000, Classic, Whitney, Very important person, Airline

"For over 50 years, the DHC-6 Twin Otter has stood alone as the most reliable and versatile aircraft in its class," said Brian Chafe, CEO of De Havilland Canada.

Key Points: 
  • "For over 50 years, the DHC-6 Twin Otter has stood alone as the most reliable and versatile aircraft in its class," said Brian Chafe, CEO of De Havilland Canada.
  • Over the course of the Paris International Air Show, De Havilland Canada will announce Purchase Agreements with our valued Twin Otter Classic 300-G launch customers.
  • The Classic 300-G is the fifth generation of the Twin Otter aircraft, joining the current Series 400.
  • For more details about the DHC-6 Twin Otter Classic 300-G, including images, video, and brochure, please visit: https://dehavilland.events/TwinOtterClassic300G