Economic development

UMT ramping up systematic strategy

Retrieved on: 
Tuesday, August 9, 2022 - 4:00am

In addition to the large enterprises, an emerging player in Wuxi Jiangsu Province, United Memory Technology (Jiangsu) Limited (reffered to as:UMT below), is also accelerating research and development, and ramping up systematic strategy with support from multiple partners.

Key Points: 
  • In addition to the large enterprises, an emerging player in Wuxi Jiangsu Province, United Memory Technology (Jiangsu) Limited (reffered to as:UMT below), is also accelerating research and development, and ramping up systematic strategy with support from multiple partners.
  • UMT was founded in 2021, with headquarter in Jiangsu Wuxi Economic Development Zone and branch offices in WuxiShanghai, Suzhou, Shenzhen, Hong Kong and Seoul, South Korea.
  • At its inception, UMT acquired a set of mass-production proved IP and know-how from Korea, built a mature and solid technology foundation for future development with sufficient IP coverage.
  • Shenzhen Guohong values the strong R&D capabilities and global strategy that UMT has demonstrated, and hope their investment could strongly boosts UMT's future growth.

Canada and Manitoba Invest in Wastewater Treatment and Waste Management Infrastructure Projects

Retrieved on: 
Monday, August 8, 2022 - 7:07pm

The wastewater treatment system in Neepawa will also be expanded and upgraded to increase capacity to treat and manage wastewater and storm water.

Key Points: 
  • The wastewater treatment system in Neepawa will also be expanded and upgraded to increase capacity to treat and manage wastewater and storm water.
  • The Government of Canada's funding comes from the Investing in Canada Infrastructure Program's Green Infrastructure Stream.
  • The Investing in Canada Infrastructure Program is providing $33.5 billion over 11 years for public infrastructure across Canada.
  • In Manitoba, the Government of Canada has invested more than $945 million in over 229 infrastructure projects since 2015.

Bain & Company and Trinity Life Sciences announce strategic partnership

Retrieved on: 
Monday, August 8, 2022 - 6:54pm

BOSTON, Aug. 8, 2022 /PRNewswire/ -- Bain & Company, a top global management consultancy, and Trinity Life Sciences, a leader in global life sciences commercialization solutions, have announced a strategic partnership to bring together Bain's extensive global experience across the life sciences value chain with Trinity's deep technical expertise in biopharma and medtech. The partnership includes Bain & Company taking a minority investment in Trinity.

Key Points: 
  • The partnership pairs Bain's extensive experience across the global life sciences value chain with Trinity's specialized, evidence-based solutions for life sciences companies
    BOSTON, Aug. 8, 2022 /PRNewswire/ -- Bain & Company, a top global management consultancy,and Trinity Life Sciences , a leader in global life sciences commercialization solutions, have announced a strategic partnership to bring together Bain's extensive global experience across the life sciences value chain with Trinity's deep technical expertise in biopharma and medtech.The partnership includes Bain & Company taking a minority investment in Trinity.
  • "This partnership feels like a perfect match as we continue to expand and deepen our client offerings," said David Fitzhenry , CEO of Trinity Life Sciences.
  • "The collaboration between Bain & Company and Trinity offers unparalleled breadth and depth in commercial strategy, powered by strong data analytics," said Matt Jennings ,operating partner of Kohlberg & Co and chairman of Trinity Life Sciences.
  • Trinity Life Sciencesis a trusted strategic commercialization partner, providing evidence-based solutions for the life sciences.

Patriot Rail to Acquire Pioneer Lines, Enhancing Rail Shipper Capabilities for Customers

Retrieved on: 
Monday, August 8, 2022 - 5:30pm

Patriot Rail Company LLC today announced it has entered into an agreement to acquire Denver-based Pioneer Lines, Inc.

Key Points: 
  • Patriot Rail Company LLC today announced it has entered into an agreement to acquire Denver-based Pioneer Lines, Inc.
  • "Pioneer Lines is a diverse rail company with talented professionals and deep customer relationships," said John E. Fenton, Patriot Rail's chief executive officer.
  • Patriot Rail expects this expansion to help drive new pathways connecting with U.S. and global markets, boosting economic growth and jobs, Fenton added.
  • Learn more at www.brookhavenpartners.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/patriot-rail-to-acquire-pioneer...
    SOURCE Patriot Rail Company LLC; Pioneer Lines

Leeward Renewable Energy Begins Construction of Big Plain Solar Project in Ohio

Retrieved on: 
Monday, August 8, 2022 - 4:00pm

Leeward Renewable Energy (LRE or Company) announced today that it has commenced on-site construction on the 196-megawatt (MW) Big Plain Solar project located near London, Ohio.

Key Points: 
  • Leeward Renewable Energy (LRE or Company) announced today that it has commenced on-site construction on the 196-megawatt (MW) Big Plain Solar project located near London, Ohio.
  • SOLV Energy, a leading solar and energy storage construction company, serves as the engineering, procurement, and construction (EPC) contractor on the project, which will utilize First Solar advanced, ultra-low carbon thin-film photovoltaic solar modules.
  • Big Plain Solar is expected to provide approximately 400 construction jobs, with at least 80 percent to Ohioans, furthering LREs commitment to hiring local labor.
  • Leeward Renewable Energy is a leading renewable energy company that owns and operates a portfolio of 24 renewable energy facilities across nine states totaling approximately 2,500 megawatts of generating capacity.

NJEDA Opens New Jersey Corporate Tax Credit Auction to Fuel New Jersey Innovation Evergreen Fund

Retrieved on: 
Monday, August 8, 2022 - 3:00pm

TRENTON, N.J., Aug. 8, 2022 /PRNewswire-PRWeb/ -- The New Jersey Economic Development Authority (NJEDA) today announced that it has launched the next phase in the creation of New Jersey Innovation Evergreen Fund (NJIEF) by opening the first of up to five annual New Jersey Corporate Tax Credit Auctions to fuel the fund. The NJIEF is a groundbreaking new tool to increase access to strategic resources and venture capital in New Jersey. Under the NJIEF, the State will become an equity investor in startups deploying up to $600 million into companies alongside professional venture capital groups. This strategic investment will not only support New Jersey's entrepreneurs, but will also ensure that more companies start, grow and stay in state.

Key Points: 
  • TRENTON, N.J., Aug. 8, 2022 /PRNewswire-PRWeb/ -- The New Jersey Economic Development Authority (NJEDA) today announced that it has launched the next phase in the creation of New Jersey Innovation Evergreen Fund (NJIEF) by opening the first of up to five annual New Jersey Corporate Tax Credit Auctions to fuel the fund.
  • The NJIEF is a groundbreaking new tool to increase access to strategic resources and venture capital in New Jersey.
  • For the 2022 auction year, a pilot amount of $30 million of tax credits will be available for purchase through the New Jersey Corporate Tax Credit Auction.
  • Based on demand, the NJEDA may increase the amount of tax credits available in the current year.

Global Warming Solutions, Inc. to introduce - Land & Ocean Smart Integrated Renewable Energy (LOSIRE) Solution

Retrieved on: 
Monday, August 8, 2022 - 11:00am

This new solution will provide 95% reliable, constant, and high-quality energy under almost any type of weather, environmental or operational conditions.

Key Points: 
  • This new solution will provide 95% reliable, constant, and high-quality energy under almost any type of weather, environmental or operational conditions.
  • Or they are experiencing extreme weather conditions during the past years caused by global warming.
  • The GWSO LOSIRE solution combines three sources of energy in one solution to guarantee 95%+ reliability and high-quality power.
  • Energy production: Different from Wave and Tidal ways to produce energy, Ocean Current Energy generates stable, reliable, efficient, and low-cost energy.

Sceye HAPS Ascend to Stratosphere Using Renewable Energy Sources

Retrieved on: 
Saturday, August 6, 2022 - 12:04am

Sceye, a manufacturer of High-Altitude Platform Stations (HAPS), announced that it reached the stratosphere on June 14, 2022 with the aim of demonstrating the ability to stay over an area of operation for months at a time using renewable energy sources.

Key Points: 
  • Sceye, a manufacturer of High-Altitude Platform Stations (HAPS), announced that it reached the stratosphere on June 14, 2022 with the aim of demonstrating the ability to stay over an area of operation for months at a time using renewable energy sources.
  • Sceyes HAPS launched at 6:55 AM MDT from the companys hangar at the Roswell International Airport.
  • Todays test flight holds extraordinary potential for stratospheric discovery, said Sceye founder and CEO, Mikkel Vestergaard Frandsen.
  • By maintaining position in the stratosphere for extended periods of time, we can begin realizing the promises of the stratosphere for life on Earth.

Dominion Energy Receives Approval from Virginia State Corporation Commission for Coastal Virginia Offshore Wind Project

Retrieved on: 
Friday, August 5, 2022 - 10:10pm

"Our customers expect reliable, affordable energy, and offshore wind is key for delivering on that mission.

Key Points: 
  • "Our customers expect reliable, affordable energy, and offshore wind is key for delivering on that mission.
  • We are reviewing the specifics of the order, particularly the performance requirement," said Robert M. Blue, Dominion Energy Chair, President and CEO.
  • In addition to solar, energy storage and nuclear, offshore wind is a key component to diverse energy generation strategy to meet the Commonwealth's clean energy goals and Dominion Energy's own net zero target.
  • Offshore wind complements the company's growing solar portfolio in Virginia, since offshore wind and solar generate peak energy at different times throughout the day and year.

EASY ENERGY FINANCE, INC. ANNOUNCES THAT THE EASY ENERGY CLIMATE TOKEN ℠ IS NOW AVAILABLE FOR IMMEDIATE PURCHASE

Retrieved on: 
Friday, August 5, 2022 - 9:18pm

Easy Energy Finance is creating a security token familythe Easy Energy Climate Token.

Key Points: 
  • Easy Energy Finance is creating a security token familythe Easy Energy Climate Token.
  • Unlike most blockchain investments, the Easy Energy Climate Tokens are a traditional digitized security backed by an actual physical asset and reliable profit-sharing arrangements.
  • The website: www.easyenergyfinance.com now has the Buy Easy Energy Climate Token button live!
  • For information on Easy Energy Systems, Inc.: www.easyenergysystems.com
    For information or to Purchase the Easy Energy Climate Token from Easy Energy Finance, Inc www.easyenergyfinance.com
    SOURCE : Easy Energy Systems, Inc.
    Securities are offered through Securitize Markets, LLC, (Securitize Markets) a registered broker-dealer and member FINRA/SIPC.