Utility

Transactional demand for central bank digital currency

Retrieved on: 
Thursday, April 18, 2024

Key Points: 

    SEALSQ Announces Launch Date of Revolutionary Hybrid Payment & Utility Token, SEALCOIN

    Retrieved on: 
    Friday, April 5, 2024

    SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, announces the launch date of SEALCOIN as a Hybrid Payment & Utility Token for its Decentralized Physical Infrastructure Network (DePIN).

    Key Points: 
    • SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, announces the launch date of SEALCOIN as a Hybrid Payment & Utility Token for its Decentralized Physical Infrastructure Network (DePIN).
    • The SEALCOIN platform is expected to launch in the fourth quarter of 2024, followed by Token issuance and a proposed listing of SEALCOIN on a digital exchange.
    • SEALCOIN Platform Launch in Q4 2024: The launch of the SEALCOIN platform is expected to take place in October 2024.
    • Token Issuance & Proposed Digital Exchange Listing: Following the launch of the SEALCOIN platform, SEALSQ will proceed with Token Issuance and subsequently list SEALCOIN on a digital exchange .

    TC Energy appoints Sean O’Donnell as Executive Vice-President and Chief Financial Officer

    Retrieved on: 
    Wednesday, April 3, 2024

    The appointment of Mr. O’Donnell follows Mr. Hunter’s decision to leave the Company to pursue another opportunity in the energy sector.

    Key Points: 
    • The appointment of Mr. O’Donnell follows Mr. Hunter’s decision to leave the Company to pursue another opportunity in the energy sector.
    • “Throughout his over 26 years with the Company, Joel has been a valued member of the TC Energy team, and a distinguished contributor to our success.
    • We wish Joel all the best in his next opportunity,” said François Poirier, President and Chief Executive Officer.
    • He also served as the Chief Financial Officer of Quantum’s first US independent power company and of the firm’s LNG export facility in Mexico.

    Databricks Launches Data Intelligence Platform for Energy, Bringing Generative AI Capabilities to the Energy Sector

    Retrieved on: 
    Tuesday, April 9, 2024

    SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector. Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP. Energy leaders gain a holistic view into their operations in real time to preemptively address maintenance needs, reduce unplanned downtime, accurately forecast energy generation, and take action for a more efficient, sustainable future.

    Key Points: 
    • New Databricks offering provides pre-built accelerators, marketplace solutions, and an ecosystem of partner capabilities tailored to organizations across the energy industry
      SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks , the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector.
    • Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP.
    • Databricks' Data Intelligence Platform for Energy plays a key role in this, allowing us to process and analyze large data sets generated by smart meters," said David Sykes, Head of Data at Octopus Energy.
    • For more information about the Data Intelligence Platform for Energy, read the Databricks blog or visit Databricks' Energy Industry homepage .

    Databricks Launches Data Intelligence Platform for Energy, Bringing Generative AI Capabilities to the Energy Sector

    Retrieved on: 
    Tuesday, April 9, 2024

    SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks, the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector. Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP. Energy leaders gain a holistic view into their operations in real time to preemptively address maintenance needs, reduce unplanned downtime, accurately forecast energy generation, and take action for a more efficient, sustainable future.

    Key Points: 
    • New Databricks offering provides pre-built accelerators, marketplace solutions, and an ecosystem of partner capabilities tailored to organizations across the energy industry
      SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Databricks , the Data and AI company, today announced the Data Intelligence Platform for Energy, a unified platform bringing the power of AI to data and people across the energy sector.
    • Built on an open lakehouse architecture, Databricks' Data Intelligence Platform for Energy enables enterprises to harness vast streams of energy data and develop generative AI applications without sacrificing data privacy or their confidential IP.
    • Databricks' Data Intelligence Platform for Energy plays a key role in this, allowing us to process and analyze large data sets generated by smart meters," said David Sykes, Head of Data at Octopus Energy.
    • For more information about the Data Intelligence Platform for Energy, read the Databricks blog or visit Databricks' Energy Industry homepage .

    ConnectDER Installs First Residential Solar Meter Socket Adapter in Salt River Project's (SRP) Service Area

    Retrieved on: 
    Tuesday, April 9, 2024

    PHOENIX, April 9, 2024 /PRNewswire/ -- ConnectDER has installed its first UL-Listed "plug-and-play" Meter Socket Adapter (MSA) in Arizona's Salt River Project (SRP) Power Utility coverage area. ConnectDER's MSA is available in 17 states across the U.S., enabling solar installers to easily integrate solar systems into homes without requiring complex or expensive upgrades.

    Key Points: 
    • Available for Utility Customers Nationwide, ConnectDER Provides Affordable and Easy-to-Install Solar Integration Solutions
      PHOENIX, April 9, 2024 /PRNewswire/ -- ConnectDER has installed its first UL-Listed "plug-and-play" Meter Socket Adapter (MSA) in Arizona's Salt River Project (SRP) Power Utility coverage area.
    • Installers in SRP's service territory have started using ConnectDER MSAs to simplify their solar interconnections.
    • "Our Meter Socket Adapter will help SRP customers accelerate solar installations and expand solar to those who might otherwise have been discouraged by an expensive and burdensome installation process."
    • "Bringing Solar MSAs to SRP is a success for ConnectDER and solar developers in Arizona," said Emily Peck, Market Analyst at ConnectDER.

    STRETTO EXPANDS TREASURY AND CASH MANAGEMENT SERVICES

    Retrieved on: 
    Tuesday, April 9, 2024

    IRVINE, Calif., April 9, 2024 /PRNewswire/ -- Stretto, a market-leading provider of depository solutions for fiduciaries, has enhanced treasury and cash-management services for a larger range of entities in diverse industries including real estate, healthcare, utilities, consumer discretionary, industrials, and non-profit organizations. With this broadened service line, Stretto utilizes white-glove support to customize banking solutions for all types of companies with a network of FDIC-insured banks.

    Key Points: 
    • With this broadened service line, Stretto utilizes white-glove support to customize banking solutions for all types of companies with a network of FDIC-insured banks.
    • "We look forward to expanding our treasury and cash-management services across a broader range of entities and organizations."
    • Leveraging Stretto Treasury & Cash Management Services, clients have access to an extensive banking network and competitive interest rates, as well as discounted activity fees and maintenance costs.
    • Clients can leverage the financial hub to accomplish important tasks such as initiating wire transfers and viewing up-to-date account summaries.

    Multifamily Utility Company Announces Banyan Rebrand

    Retrieved on: 
    Monday, April 8, 2024

    SAN DIEGO, April 8, 2024 /PRNewswire/ -- Multifamily Utility Company, a national leader in utility billing and expense management, announces their rebrand to Banyan Utility to emphasize the company's broad customer base and strong foundational growth.

    Key Points: 
    • SAN DIEGO, April 8, 2024 /PRNewswire/ -- Multifamily Utility Company, a national leader in utility billing and expense management, announces their rebrand to Banyan Utility to emphasize the company's broad customer base and strong foundational growth.
    • The Banyan name ideally captures the continued focus on serving multifamily industry partners, simultaneously positioning the company to cater to expanding industry sectors.
    • "We're proud to unveil our rebrand as Banyan, reflecting our commitment to inclusivity across all markets we serve," said Brian Stone, CEO.
    • With 17 years of experience, we remain steadfast in providing utility billing, utility expense management, utility submetering, and related services.

    Introducing Force Electric: Your Trusted Local Electrical Contractor in the DMV Area

    Retrieved on: 
    Monday, April 8, 2024

    LAUREL, Md., April 8, 2024 /PRNewswire/ -- Force Electric, the premier electrical contractor in the DMV Area, stands as your trusted local partner for all your electrical needs.

    Key Points: 
    • LAUREL, Md., April 8, 2024 /PRNewswire/ -- Force Electric, the premier electrical contractor in the DMV Area, stands as your trusted local partner for all your electrical needs.
    • Serving the DC Region with unparalleled expertise and dedication, Force Electric is the go-to choice for high-quality electrical services.
    • By choosing Force Electric, customers can have peace of mind knowing that their electrical needs will be met with professionalism and expertise.
    • With over a decade of experience, Force Electric is a well-established electrical contractor specializing in residential and commercial projects as well as electrical installations.

    Sol Systems and Google Expand Commitment to Solar Energy Projects, Community Support

    Retrieved on: 
    Thursday, March 14, 2024

    “We are excited to continue our collaboration with Google, a leader in clean energy procurement and community investment, and our dedicated implementation partners in North and South Carolina,” Sol Systems Senior Director of Impact Adaora Ifebigh said.

    Key Points: 
    • “We are excited to continue our collaboration with Google, a leader in clean energy procurement and community investment, and our dedicated implementation partners in North and South Carolina,” Sol Systems Senior Director of Impact Adaora Ifebigh said.
    • “Our continued investment in collaboration with Sol Systems in both carbon-free energy projects and community support underscores Google’s commitment to ensuring that low income communities across North and South Carolina are able to experience the benefits of clean energy firsthand,” said Katie Ottenweller, Southeast Lead, Energy Policy & Markets at Google.
    • "We are very pleased to be continuing our collaboration with Sol Systems and Google in 2024.
    • The ongoing support from Sol Systems and Google strengthens our dedication to positive community change.