Fuels

ChargePoint and Switchback Energy Acquisition Corporation Close Business Combination

Friday, February 26, 2021 - 7:40pm

ChargePoint, Inc. (the Company or ChargePoint), a leading electric vehicle (EV) charging network, and Switchback Energy Acquisition Corporation (Switchback), a publicly traded special purpose acquisition company with a strategic focus on the energy value chain, today announced that the two companies have completed their business combination (the Business Combination).

Key Points: 
  • ChargePoint, Inc. (the Company or ChargePoint), a leading electric vehicle (EV) charging network, and Switchback Energy Acquisition Corporation (Switchback), a publicly traded special purpose acquisition company with a strategic focus on the energy value chain, today announced that the two companies have completed their business combination (the Business Combination).
  • The Business Combination was approved by Switchback stockholders on February 25, 2021.
  • Switchback is a special purpose acquisition company and was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the energy value chain.
  • Switchback is sponsored by NGP Switchback, LLC, which is owned by a private investment fund advised by NGP Energy Capital Management, L.L.C.

Early Warning News Release of Coal Island Ltd.

Friday, February 26, 2021 - 3:33pm

Coal Island disposed of the Common Shares through the facilities of the TSX Venture Exchange.

Key Points: 
  • Coal Island disposed of the Common Shares through the facilities of the TSX Venture Exchange.
  • Coal Island received $0.15566 per Common Share and aggregate gross consideration of $2,874,546 for the Common Shares.
  • Coal Island intends to evaluate its investment in the Issuer and to increase or decrease its beneficial shareholdings from time to time as Coal Island may determine appropriate for investment purposes.
  • A copy of the Early Warning Report will be available under the Companys SEDAR profile at www.sedar.com and may be obtained by contacting Christine Woodington of Coal Island, at (604) 877- 5350.

Westport Fuel Systems and AVL Joint Paper Assesses Total Cost of Ownership for Hydrogen Internal Combustion Engines

Thursday, February 25, 2021 - 10:00pm

VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (Westport Fuel Systems) (TSX/Nasdaq: WPRT) a global leader in alternative fuel, low-emissions transportation technologies today released a joint publication with AVL, the world's largest independent company for the development, simulation and testing of powertrain systems, entitled Total Cost of Ownership (TCO) Analysis for Heavy Duty Hydrogen Fueled Powertrains.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (Westport Fuel Systems) (TSX/Nasdaq: WPRT) a global leader in alternative fuel, low-emissions transportation technologies today released a joint publication with AVL, the world's largest independent company for the development, simulation and testing of powertrain systems, entitled Total Cost of Ownership (TCO) Analysis for Heavy Duty Hydrogen Fueled Powertrains.
  • The analysis presents the case for Hydrogen (H2) use in an internal combustion engine (ICE) with Westport Fuel Systems patented HPDI 2.0fuel system, as the most cost-competitive near-term pathway to reduce CO2 emissions to near-zero from on-road long-haul transportation.
  • The paper undertakes a comprehensive TCO analysis, applying inputs from Westport Fuel Systems HPDI hydrogen (H2-HPDI) simulations and HPDI 2.0 operating costs with AVLs existing TCO models for diesel and fuel cell powertrains.
  • The full text of the publication can be found on Westport Fuels Systems website here and on AVLs website here .

Williams CFO to Participate in Raymond James & Associates’ 42nd Annual Institutional Investors Conference

Thursday, February 25, 2021 - 9:05pm

Williams (NYSE: WMB) Chief Financial Officer John Chandler is scheduled to participate in virtual meetings with investors, including a fireside chat Q&A session, at the Raymond James & Associates 42nd Annual Institutional Investors Conference on Wednesday, March 3.

Key Points: 
  • Williams (NYSE: WMB) Chief Financial Officer John Chandler is scheduled to participate in virtual meetings with investors, including a fireside chat Q&A session, at the Raymond James & Associates 42nd Annual Institutional Investors Conference on Wednesday, March 3.
  • Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy.
  • Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids.
  • With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy.

Electric Charging Station Development Program Accelerates With Motorcar Parts of America’s D&V Electronics Emulator

Thursday, February 25, 2021 - 7:00pm

The charger is expected to have up to 400kW capacity to provide an approximately 180-mile range for electric vehicles with less than ten minutes of charging time.

Key Points: 
  • The charger is expected to have up to 400kW capacity to provide an approximately 180-mile range for electric vehicles with less than ten minutes of charging time.
  • The bi-directional battery emulator plays a key role in the development of this extreme charging system by allowing engineers to test multiple input voltages and varying loads along with simulating vehicle-to-grid scenarios.
  • This project highlights the critical role of diagnostic and testing equipment in the development of innovative electric vehicle technology, components, and systems, and the high regard of D&V Electronics in the industry.
  • We are excited to utilize the battery emulator to test all 400kW charging conditions with 200V-1000V charging voltage ranges that encompass all EVs currently in the market.

Global Hydrogen Generation Market (2020 to 2025) - Development of Green Hydrogen Production Technologies Presents Opportunities - ResearchAndMarkets.com

Thursday, February 25, 2021 - 4:49pm

The "Hydrogen Generation Market by Application (Petroleum Refinery, Ammonia & Methanol Production, Transportation, Power Generation), Generation & Delivery Mode (Captive, Merchant), Source (Blue, Green & Grey Hydrogen), Technology, and Region-Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hydrogen Generation Market by Application (Petroleum Refinery, Ammonia & Methanol Production, Transportation, Power Generation), Generation & Delivery Mode (Captive, Merchant), Source (Blue, Green & Grey Hydrogen), Technology, and Region-Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
  • Rising obligations to reduce greenhouse gas emissions from traditional methods has driven the hydrogen generation market growth.
  • Furthermore, increased demand for long-term storage of renewable energy is driving the hydrogen generation market.
  • However, the high energy consumption of hydrogen generation technologies is likely to hamper the growth of the hydrogen generation market.

Minerva Bunkering Launches the Advanced Delivery Platform (ADP) Service in ARA, Fujairah and Singapore

Thursday, February 25, 2021 - 2:54pm

GENEVA, Feb. 25, 2021 /PRNewswire/ --Minerva Bunkering is pleased to announce the commercial launch of the Advanced Delivery Platform (ADP) service in the ARA, Fujairah and Singapore markets.

Key Points: 
  • GENEVA, Feb. 25, 2021 /PRNewswire/ --Minerva Bunkering is pleased to announce the commercial launch of the Advanced Delivery Platform (ADP) service in the ARA, Fujairah and Singapore markets.
  • Hafnia, one of the world's leading tanker owners and operators, has now commenced a long-term supply contract for deliveries conducted utilizing the ADP.
  • Minerva Bunkering is an international marine fuel logistics company that markets and physically supplies fuel and lubricants to ships in port and at sea.
  • Minerva Bunkering is a 100-percent-owned subsidiary of Mercuria Energy Group, one of the largest privately-held energy and commodities companies in the world.

Astra Energy Inc. Expands Executive Team and Advisory Board to Advance Key Business Strategies

Thursday, February 25, 2021 - 1:30pm

In this time of immense growth, the Company is pleased to announce the appointment of multiple experienced professionals to its evolving executive and advisory team.

Key Points: 
  • In this time of immense growth, the Company is pleased to announce the appointment of multiple experienced professionals to its evolving executive and advisory team.
  • Mr. Claycamp is a graduate of Kansas State University, with a Bachelor of Science in milling science and management.
  • He has worked with the largest renewable energy and biofuels contractors, Fagen Incorporated and ICM, respectively, on past biofuels projects.
  • For further information about Astra Energy Inc., please visit the Companys website at: www.astrarenewables.com .

Battleground for Electric Vehicle Purchase Consideration is Wide Open, J.D. Power Finds

Thursday, February 25, 2021 - 2:00pm

Power U.S. Electric Vehicle Consideration (EVC) Study,SM released today.

Key Points: 
  • Power U.S. Electric Vehicle Consideration (EVC) Study,SM released today.
  • The study finds that firsthand experience with BEVs plays an important role in purchase consideration.
  • Information begets consideration: Nearly one-third (30%) of non-considerers cite a lack of information as a reason for their lack of consideration.
  • The U.S. Electric Vehicle Consideration (EVC) Study is a new industry benchmark for gauging EV shopper consideration.

Ocean View School District and The Mobility House Pioneer Model for Electrifying School Bus Fleets in Southern California

Thursday, February 25, 2021 - 12:00pm

The Mobility Houses intelligent Charging and Energy Management system ChargePilot will harmonize Ocean View School Districts bus schedules, travel routes, battery life and local utility rates to deliver reliable, clean transportation at the lowest cost to the district.

Key Points: 
  • The Mobility Houses intelligent Charging and Energy Management system ChargePilot will harmonize Ocean View School Districts bus schedules, travel routes, battery life and local utility rates to deliver reliable, clean transportation at the lowest cost to the district.
  • View the full release here: https://www.businesswire.com/news/home/20210225005236/en/
    This groundbreaking project for the district marks a notable milestone on our journey to electrify our entire school bus fleet and reduce pollution in our community, said Ocean View School District Director of Transportation Bob Brown.
  • Ocean View School District is to be commended for demonstrating what's possible for other districts in the county around the future of clean school bus transportation, said Zoheb Davar, business development director for The Mobility House.
  • The Mobility House has 155 employees across its operations in Munich, Zurich and Belmont, Calif. For more information visit mobilityhouse.com .