Electricity

Schneider Electric begins Innovation Summit World Tour, unveiling latest innovations and collaborations

Retrieved on: 
Wednesday, April 3, 2024
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The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.

Key Points: 
  • The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric.
  • “Only through innovation and collaboration can we unlock new opportunities for digitalization, electrification and decarbonization that creates lasting impact.
  • Inaugurated in 2016, Schneider Electric’s Innovation Summits showcase the company’s latest innovations, solutions, and partnerships that drive the future of automation, electrification, and digitalization.
  • And for fleet and charge point operators, EcoStruxure EV Advisor and EVLink Pro DC 180 kW offer the latest in electric vehicle (EV) charging and management.

Schneider Electric launches Materialize program for Scope 3 decarbonization of natural resources

Retrieved on: 
Wednesday, April 3, 2024
Carbon, Automation, Urban Saints, Schneider Electric, Electricity, Carbon accounting, GMG, Partnership, Catalysis, Metal, Software, Mineral, Digital technology, Glencore, Professional, Renewable energy

Materialize is a continuation of Schneider Electric’s suite of supply chain decarbonization programs from its Sustainability Business consulting division, which leverage the power of supply chain cohorts for renewable energy procurement at scale.

Key Points: 
  • Materialize is a continuation of Schneider Electric’s suite of supply chain decarbonization programs from its Sustainability Business consulting division, which leverage the power of supply chain cohorts for renewable energy procurement at scale.
  • “We are delighted to launch Materialize as our latest collaborative program to reduce Scope 3 emissions.
  • Both were created to engage thousands of suppliers simultaneously to drive swift and measurable action to reduce program sponsors’ Scope 3 emissions.
  • The portfolio builds on Schneider’s foundational initiative, The Zero Carbon Project , that provides resources and guidance to program participants, encouraging ambitious decarbonization goals with a deployment action plan to achieve it.

Schneider Electric Unveils Resi9 Energy Center Retrofit Innovation for Prosumer Homes

Retrieved on: 
Wednesday, April 3, 2024
Energy Centre, Automation, Electricity, Millennials, EV, Schneider Electric, EVS, Generation Z, Heart, Safety, Gen, Renewable energy

Schneider Electric , the leader in the digital transformation of energy management and automation, today launched its Resi9 Energy Center.

Key Points: 
  • Schneider Electric , the leader in the digital transformation of energy management and automation, today launched its Resi9 Energy Center.
  • The Resi9 Energy Center serves as the ultimate upgrade to the traditional electrical panel, addressing the challenges posed by the new energy landscape.
  • The Resi9 Energy Center seamlessly integrates with any existing electrical panel, making it a perfect choice for retrofit and renovation projects.
  • Managing energy in your home becomes effortless with the Resi9 Energy Center and the Wiser Home Energy Management System.

Schneider Electric accelerates the EV transition with faster, smarter, more reliable charging solutions

Retrieved on: 
Wednesday, April 3, 2024
Electricity, Automation, EV, Schneider Electric, EVS, Safety, Workforce, Collection, Fireworks

These innovations will improve the reliability, speed, and convenience of EV charging in homes, workplaces and on the move.

Key Points: 
  • These innovations will improve the reliability, speed, and convenience of EV charging in homes, workplaces and on the move.
  • The company’s three new entries in the eMobility space include EVlink Pro DC 180kW charging stations, its scalable charging solution for commercial environments; Schneider Charge, its new EV charging station for homes; and EcoStruxure for eMobility EV Advisor, an EV charging management platform which will improve charging station uptime and performance.
  • EV Advisor helps business owners and operators reduce operational costs and time dedicated to managing EV charging systems.
  • Schneider Charge also offers peace of mind with an anti-trip system, allowing EV charging without overloading or disrupting power supply.

NOVA CLASS ACTION ALERT: Shareholders Should Contact Robbins LLP for Information about the April 16, 2024 Lead Plaintiff Deadline

Retrieved on: 
Tuesday, April 2, 2024
Electricity, NOVA, Letter, House Committee, Risk, SAN, State, The Washington Free Beacon, Natural Resources, News, LLP, Commerce, Complaint, Energy, Sunnova, DOE, Person, Cryptocurrency

The Company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services.

Key Points: 
  • The Company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services.
  • For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • What Now: You may be eligible to participate in the class action against Sunnova Energy International Inc. Shareholders who want to serve as lead plaintiff for the class must file their papers with the court by April 16, 2024.
  • A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.

Microchip Technology Appoints Rich Simoncic as Chief Operating Officer

Retrieved on: 
Tuesday, April 2, 2024
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CHANDLER, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has appointed Rich Simoncic as Chief Operating Officer effective today.

Key Points: 
  • CHANDLER, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has appointed Rich Simoncic as Chief Operating Officer effective today.
  • In this position, Mr. Simoncic will report to Ganesh Moorthy, who will remain President and CEO.
  • Rich Simoncic joined Microchip as a new college graduate in 1989 and has had progressively increasing product development, operational and business unit responsibilities.
  • He holds a Bachelor’s degree in Electrical Engineering Technology from DeVry Institute of Technology.

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

Retrieved on: 
Tuesday, April 2, 2024
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A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.

Jorge Nocedal is the 2024 SIAM John von Neumann Prize Lecturer

Retrieved on: 
Tuesday, April 2, 2024
Physics, Uncertainty, Mathematics, KNITRO, Algorithm, Communication, Applied mathematics, Walter, Rice University, Mathematical sciences, Research, Continuous optimization, Textbook, Management science, Software, Electricity, Poverty, Argonne National Laboratory, Doctor of Philosophy, Astronomy, Industrial engineering, Machine learning, SIAM Fellow, Parent, UNAM, National Autonomous University, IEMS, Weather

Philadelphia, PA, April 02, 2024 (GLOBE NEWSWIRE) -- Jorge Nocedal, Northwestern University, has been awarded the 2024 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – in recognition of his fundamental work in nonlinear optimization, both in the deterministic and stochastic settings.

Key Points: 
  • Philadelphia, PA, April 02, 2024 (GLOBE NEWSWIRE) -- Jorge Nocedal, Northwestern University, has been awarded the 2024 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – in recognition of his fundamental work in nonlinear optimization, both in the deterministic and stochastic settings.
  • SIAM awards the John von Neumann Prize annually to an individual for outstanding and distinguished contributions to the field of applied mathematics and for the effective communication of these ideas to the community.
  • Learn more about SIAM’s John von Neumann Prize .
  • Nocedal will be awarded the John von Neumann Prize and deliver the associated lecture at the 2024 SIAM Annual Meeting , which will be held July 8-12, 2024, in Spokane, Washington.

Elevate Renewables’ Battery Energy Storage Projects at Existing Power Plants in Connecticut Expected to Enhance Reliability in ISO New England Region and Accelerate Clean Energy Transition

Retrieved on: 
Tuesday, April 2, 2024
Electricity, ISO New England, State, Elevate, Wind, Plant, Power, Arclight, BESS, Renewable energy

BOSTON, April 02, 2024 (GLOBE NEWSWIRE) -- Elevate Renewables ("Elevate" or the "Company"), a national renewable energy development company, is reshaping the future of the energy transition by developing utility-scale battery storage projects at existing large power generation facilities in Connecticut and across the U.S.

Key Points: 
  • BOSTON, April 02, 2024 (GLOBE NEWSWIRE) -- Elevate Renewables ("Elevate" or the "Company"), a national renewable energy development company, is reshaping the future of the energy transition by developing utility-scale battery storage projects at existing large power generation facilities in Connecticut and across the U.S.
  • The Company aims to deliver carbon-neutral electricity and maintain reliability as demand for electricity grows and the energy mix continues to evolve.
  • We believe our projects will play a key role in the overall decarbonization of thermal power plants while maintaining reliability and helping achieve the identified clean energy goals in New England," said Corey Juhl, VP of Development at Elevate.
  • Elevate’s battery energy storage systems (BESS) will assist the integration of large amounts of offshore wind and other intermittent resources, provide grid-supporting services, redefine grid management, and enhance resiliency in the ISO New England region and nationwide.

Duos Technologies Group Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, April 1, 2024
Congress, Algorithm, Growth, Patent, Intelligence, Centraco, AI, Dell Technologies, RIPS, Safety, Calendar, Marketing, NVIDIA, Trade, Artificial intelligence, PMCS, Electricity, Video game

JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023.

Key Points: 
  • JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023.
  • King joins Duos with over 20 years of operational and commercial leadership experience within the energy and supply chain sectors.
  • It should be noted that the following Financial Results represent the consolidation of the Company with its subsidiaries Duos Technologies, Inc. and truevue360™.
  • Total revenue for Q4 2023 decreased 74% to $1.53 million compared to $5.93 million in the fourth quarter of 2022 (“Q4 2022”).