Power

EQS-News: VERBUND AG: 2023 annual results: VERBUND posts encouraging business performance in 2023

Retrieved on: 
Wednesday, April 10, 2024
Electricity, Annual, AG, Environment, Grid, Research, Economic development, Wind, Kilowatt-hour, Optimism, Power, Renewable energy

In addition, rising inflation combined with repeated interest rate hikes and a slowdown in economic growth weighed on performance in the sector and VERBUND’s own performance.

Key Points: 
  • In addition, rising inflation combined with repeated interest rate hikes and a slowdown in economic growth weighed on performance in the sector and VERBUND’s own performance.
  • Generation from the annual storage power plants was up 9.6% year-on-year in 2023.
  • A dividend of €4.15 per share for financial year 2023 will be proposed to the Annual General Meeting on 30 April 2024.
  • The one-off special dividend will allow shareholders to participate in the Group’s extraordinarily positive business performance for financial year 2023 by means of a higher payout.

New Jersey Devils and Prudential Center announce extended partnership with Verizon

Retrieved on: 
Tuesday, April 9, 2024
Wireless network, Verizon Communications, Prudential Center, New Jersey Devils, Network, Verizon Business, Partnership, Prudential, Senior ice hockey, Power, National Hockey League, SVP, RSS, Food, NHL, VZ, Hockey, Beer, Mobile phone

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- The New Jersey Devils, Prudential Center, and Verizon announced today a multi-year extension of their partnership featuring new and innovative technology for wireless connectivity and retail convenience to enhance the fan experience and improve arena operations.

Key Points: 
  • NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- The New Jersey Devils, Prudential Center, and Verizon announced today a multi-year extension of their partnership featuring new and innovative technology for wireless connectivity and retail convenience to enhance the fan experience and improve arena operations.
  • Through this extended partnership, Verizon is deploying Verizon 5G Ultra Wideband, Verizon Private 5G Network and Wi-Fi 6/6E to give Prudential Center the ability to host a wide range of large-scale events, concerts and games with a more efficient and reliable network and fast connectivity.
  • The improved wireless connectivity will also change the way fans experience games and live events in the arena and through the Devils and Prudential Center Mobile App, Powered by Verizon.
  • “We are thrilled to extend our partnership with Verizon, a New Jersey-based company, and lay the foundation for the way fans view and experience Devils home games and other events at Prudential Center,” said Sasha Puric, Chief Technology Officer, HBSE.

Lantronix Showcases New Campus PoE++ Switches, Pre-Configured With Percepxion Cloud Management Software

Retrieved on: 
Thursday, April 4, 2024
Internet of things, Partnership, Glass, Telemetry, Marketing, City, IP, DMS, Superior Essex, Product management, Lighting, LED, Map, Power

Lantronix will showcase these switches at ISC West, Booth 7117, in Las Vegas from April 10–12, 2024.

Key Points: 
  • Lantronix will showcase these switches at ISC West, Booth 7117, in Las Vegas from April 10–12, 2024.
  • These PoE++ switches come pre-configured with Lantronix’s Percepxion™ cloud management platform for secure control and visibility of Lantronix network switches.
  • Lantronix is committed to ensuring that its customers have best-in-class PoE switches to handle a variety of applications.
  • Ideal for security, surveillance, smart buildings, smart cities and other high-demand IoT applications, the new Lantronix switches deliver reliable end-to-end performance.

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

Retrieved on: 
Wednesday, April 3, 2024
Catholic higher education, J. P. Morgan, CFO, TRP, University, Catholic University of America, Utility, TC Energy, Senior, MBA, Quantum, News, Pleasure, Capital market, TSX, Investment, Plan, Partner, Power, Donald Duck filmography, Corporation, Management

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.

EV Realty and GreenPoint Partners Form Joint Venture for the Buildout of $200 Million in EV Charging Hubs

Retrieved on: 
Wednesday, April 3, 2024
EV, Organization, Entrepreneurship, Partnership, Power, SAN, Policy, Transport, Supercharger, State, Renewable energy

The joint venture leverages EV Realty’s proprietary technology and GreenPoint’s deep real estate investment expertise to identify and acquire optimal real estate and develop Powered Properties™ in key logistics markets across California.

Key Points: 
  • The joint venture leverages EV Realty’s proprietary technology and GreenPoint’s deep real estate investment expertise to identify and acquire optimal real estate and develop Powered Properties™ in key logistics markets across California.
  • EV Realty will operate and manage each location, delivering critical charging services to commercial fleets.
  • California policy makers will be supported in rapidly and efficiently scaling charging infrastructure to decarbonize commercial fleets across the State and improve local air quality.
  • The joint venture stands to significantly increase EV Realty’s portfolio of charging projects throughout California, including existing projects in Oakland , Livermore and San Bernardino.

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.

Allied Industrial Partners-Backed CES Power Acquires ABird/Apex Power Solutions

Retrieved on: 
Thursday, March 28, 2024
Growth, Entrepreneurship, Acquisition, HVAC, CES, HSS, Power, Retail

The acquisition was made through CES Power’s global division, CES Global LLC (“CES Global”), which acquired ABird/Apex from U.K. tool and equipment rental and services company HSS Hire Group Plc (LSE: HSS).

Key Points: 
  • The acquisition was made through CES Power’s global division, CES Global LLC (“CES Global”), which acquired ABird/Apex from U.K. tool and equipment rental and services company HSS Hire Group Plc (LSE: HSS).
  • CES Power is backed by industrial-focused private equity firm Allied Industrial Partners (“Allied”).
  • Greg Landa, CEO of CES Power, said, “CES Power entered the European market in 2023 and we continue to see strong demand for our unique service offering.
  • “The demand for integrated service offerings for complex power, HVAC and technology solutions for use in industrial projects, live events, and entertainment continues to grow significantly across Europe and this acquisition positions CES Power to deliver for our high-quality customer base.”

MAG Silver Announces Robust Updated Technical Report for Juanicipio

Retrieved on: 
Wednesday, March 27, 2024
Documentation, Level, Internal, G&A, Groundwater, Life, Reverse osmosis, KV, Fresnillo, TSF, Water, Qualified person (European Union), Cell, LOM, Economics, Engineering, Power, Mining

It is estimated that the Juanicipio processing plant will produce approximately 12.2 Mt of tailings for surface storage over the anticipated initial mine life of approximately 13 years.

Key Points: 
  • It is estimated that the Juanicipio processing plant will produce approximately 12.2 Mt of tailings for surface storage over the anticipated initial mine life of approximately 13 years.
  • Mill tailings will be discharged to a TSF which has a total volume capacity of approximately 8.5 Mt as currently designed.
  • Using the referenced production projections and cost estimates, Juanicipio has a post-tax NPV5% of $1,224M (pre-tax $1,656M).
  • Project economics are shown to be most sensitive to silver price and silver grade, followed by operating costs.

Progress Partners with Veeam Software to Deliver AI-Powered Network Detection and Response to Global Enterprises

Retrieved on: 
Tuesday, March 26, 2024
Knowledge, Organization, Algorithm, Quadrant, FlowMon, EVP, Partnership, Reputational damage, Power, Gold, Artificial intelligence, ADS, PRGS, Anomaly, Progress, Computer security, Product management, Information privacy, SPARK, NDR, Incident, Risk management

BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced a strategic partnership with Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, to provide customers with an enterprise-ready cyber defense solution that strengthens the security of their business-critical data.

Key Points: 
  • The partnership between Progress and Veeam combines the intelligent network detection and response capabilities of Progress® Flowmon® Anomaly Detection System (ADS) with the security features of Veeam Data Platform.
  • Flowmon ADS provides network layer visibility of potential attacks, so customers can leverage early detection and warnings to trigger the Incident API in Veeam Backup & Replication™ .
  • “Veeam’s world-class capabilities and market reach makes them a highly strategic partner for us,” said Sundar Subramanian, EVP & GM of Infrastructure Management at Progress.
  • "Progress, renowned for its market success in network detection and response with Flowmon, has achieved a significant milestone by partnering with Veeam and integrating into the Veeam Incident API,” said Andreas Neufert, Vice President of Product Management, Alliances at Veeam.

D-Wave’s Qubits 2024 Quantum Computing Conference Announced for June 17-18 in Boston

Retrieved on: 
Tuesday, April 9, 2024
Data Management, Technology, Other Technology, Software, Artificial Intelligence, Hardware, Momentum, Research, Drug discovery, Power, AI, Qubit, Senior, Quantum, Los Alamos National Laboratory, D-Wave, Government, VINCI

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that its Qubits 2024 quantum computing conference will take place in Boston on June 17 and 18, 2024.

Key Points: 
  • D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that its Qubits 2024 quantum computing conference will take place in Boston on June 17 and 18, 2024.
  • Themed “Success, Powered by Quantum,” the conference will demonstrate how D-Wave, partners, and customers such as Momentum Worldwide (part of Interpublic Group), Los Alamos National Lab, Zapata AI and others are achieving tangible outcomes with D-Wave’s innovative annealing quantum computing technology.
  • It will be packed with demonstrations of new quantum solutions, product updates, the company’s latest scientific accomplishments, and customer applications, both in development and in production.
  • The latest advancements in D-Wave’s quantum technology and software, with expert guidance on how to quickly adopt quantum computing in the enterprise.