Power

Sisecam Reported a Net Sales of TRY 152 Billion in 2023

Retrieved on: 
Tuesday, March 5, 2024

ISTANBUL, Türkiye, March 06, 2024 (GLOBE NEWSWIRE) -- Sisecam, a global player in the glass and chemicals industries, is moving forward on its growth journey that creates sustainable value. Sisecam announced its financial results for 2023, reporting consolidated net sales of TRY 152 billion and total exports (from Türkiye) of TRY 31.7 billion. International sales – the sum of exports from Türkiye and sales from production outside Türkiye – accounted for 60% of Sisecam's consolidated sales for the year. The company produced 5.2 million tons of glass, 4.7 million tons of soda ash, and 3.7 million tons of industrial raw materials in 2023.

Key Points: 
  • The global giant, with production activities spread across 14 countries on four continents recorded TRY 152 billion of consolidated net sales for the previous year.
  • Sisecam reported total investments of TRY 21 billion and exports of TRY 31.7 billion.
  • Sisecam announced its financial results for 2023, reporting consolidated net sales of TRY 152 billion and total exports (from Türkiye) of TRY 31.7 billion.
  • International sales – the sum of exports from Türkiye and sales from production outside Türkiye – accounted for 60% of Sisecam's consolidated sales for the year.

Natural Resources Canada announces funding to support Ontario’s clean energy future through pre-development work of the Bruce C Project

Retrieved on: 
Thursday, February 29, 2024

Ottawa, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Natural Resources Canada (NRCan) today announced up to $50 million in funding in support of Ontario’s plan to maintain a clean energy grid while continuing to drive economic development and support Indigenous and community consultation.

Key Points: 
  • Ottawa, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Natural Resources Canada (NRCan) today announced up to $50 million in funding in support of Ontario’s plan to maintain a clean energy grid while continuing to drive economic development and support Indigenous and community consultation.
  • The funding, announced at the Canadian Nuclear Association (CNA) annual conference, will support pre-development work to study the feasibility of the option for a new nuclear build on the Bruce Power site.
  • “Bruce Power has experienced years of success with nuclear energy in Ontario, and this announcement will enable that success to continue, and grow, in the future.
  • The renewed units will continue to supply clean, reliable energy to Ontario for decades to come.

Wärtsilä technology to provide cleaner energy to a city utility in USA

Retrieved on: 
Tuesday, February 27, 2024

The contract is with the City of Farmington and was booked as order intake by Wärtsilä in November 2023.

Key Points: 
  • The contract is with the City of Farmington and was booked as order intake by Wärtsilä in November 2023.
  • By switching from coal to natural gas, the project aligns with the global trend towards cleaner, lower-carbon fuels.
  • "We are excited to partner with Wärtsilä on this important project," said Hank Adair, Electric Utility Director for the City of Farmington.
  • Wärtsilä has installed over 70 engine power plants, as well as 29 energy storage facilities in the U.S. since 1981.

Bel Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

WEST ORANGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2023.

Key Points: 
  • WEST ORANGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the fourth quarter and full year of 2023.
  • “Our diversity in product segments and end markets served continues to be our strength, allowing us to focus on the future and growth.
  • Based on our strong 2023 cash flow generation, the Board has authorized a $25 million share repurchase program.
  • During the fourth quarter of 2023, we began another consolidation project at our Pennsylvania facility within the Connectivity segment.

Blender Bites Expands U.S. Retail Presence with Launch into Southeastern Grocers Inc.

Retrieved on: 
Tuesday, February 20, 2024

Blender Bites’ 1-Step Smoothies is now available on shelves at 291 Winn-Dixie stores out of 370, 22 Fresco y Más stores out of 28, and 1 Harveys Supermarket out of 25.

Key Points: 
  • Blender Bites’ 1-Step Smoothies is now available on shelves at 291 Winn-Dixie stores out of 370, 22 Fresco y Más stores out of 28, and 1 Harveys Supermarket out of 25.
  • Not only does this enhance the Company’s brand visibility, but it also bolsters Blender Bites’ mission to provide individuals in the region with healthier choices in their daily lives.
  • We are excited about the opportunities this launch brings to Blender Bites as we continue to serve our customers with innovative and health-conscious products,” stated Chelsie Hodge, Blender Bites CEO and Founder.
  • Blender Bites’ 1-Step Smoothies are made to simplify the smoothie process, and are made with organic fruits, greens and functional ingredients such as probiotics and immune supporting vitamins and minerals.

Reply Once Again Awarded "Best in Class" in the PAC Innovation RADAR on Salesforce-related Services in Europe

Retrieved on: 
Friday, March 8, 2024

Reply has been ranked among the leading providers of "Salesforce-related Services in Europe 2024" in the PAC Innovation RADAR, an industry study by the independent research and consulting company PAC.

Key Points: 
  • Reply has been ranked among the leading providers of "Salesforce-related Services in Europe 2024" in the PAC Innovation RADAR, an industry study by the independent research and consulting company PAC.
  • In the report, Reply received the highest "Best in Class" award in five industries: Energy & Utilities, Financial Services, Communication & Media, Retail and Manufacturing.
  • View the full release here: https://www.businesswire.com/news/home/20240308650974/en/
    The PAC INNOVATION RADAR is an instrument for the holistic evaluation of software and ICT service providers from the independent research and consulting company PAC.
  • In the PAC INNOVATION RADAR for Salesforce-related services in Europe, Reply was awarded "Best in Class" in five sectors.

GridStor Announces Acquisition of Galveston County Battery Energy Storage Project From Balanced Rock Power

Retrieved on: 
Thursday, March 7, 2024

GridStor , a developer and operator of utility-scale battery energy storage systems, announced today that it has acquired an up to 450 MW / 900 MWh project in Galveston County, Texas from Balanced Rock Power.

Key Points: 
  • GridStor , a developer and operator of utility-scale battery energy storage systems, announced today that it has acquired an up to 450 MW / 900 MWh project in Galveston County, Texas from Balanced Rock Power.
  • The Evelyn Battery Energy Storage project, which is slated to begin construction in Summer 2024, has an anticipated on-line date of Spring 2025.
  • “Battery storage is a scalable and near-term solution to powering historic load growth in Texas,” said Chris Taylor, CEO of GridStor.
  • GridStor is backed by Goldman Sachs Asset Management and comprises a team of seasoned energy professionals with a record of past accomplishments in energy storage and clean energy project acquisition, development, finance and operations.

Belden Launches Single Pair Ethernet Lite Managed Switch

Retrieved on: 
Thursday, March 7, 2024

Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, today announced the launch of its BEETLE Single Pair Ethernet (SPE) Lite Managed Switch from Lumberg Automation.

Key Points: 
  • Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, today announced the launch of its BEETLE Single Pair Ethernet (SPE) Lite Managed Switch from Lumberg Automation.
  • An extension of Belden’s Single Pair Ethernet portfolio of connectivity products, the new BEETLE switch empowers organizations to reduce network complexity by deploying thinner, lighter SPE cables that provide connectivity via a single pair of wires rather than the two or four pairs required by standard Ethernet.
  • With Power over Data Line (PoDL), IP40 protection and low power consumption, the BEETLE Lite Managed Switch provides SPE connectivity for a future-ready network.
  • The BEETLE Lite Managed Switch provides powerful benefits, such as:
    Transmits Ethernet up to at least 1 kilometer.

Morgan Truck Body Reveals the Shape of Things to Come at NTEA Work Truck Week 2024

Retrieved on: 
Wednesday, March 6, 2024

At NTEA Work Truck Week 2024, Morgan Truck Body , North America’s largest manufacturer of light- and medium-duty freight and refrigerated van and truck bodies, will introduce Projects “Agora” and “Blackjack” concept bodies (JB Poindexter & Co., Inc. Booth #601).

Key Points: 
  • At NTEA Work Truck Week 2024, Morgan Truck Body , North America’s largest manufacturer of light- and medium-duty freight and refrigerated van and truck bodies, will introduce Projects “Agora” and “Blackjack” concept bodies (JB Poindexter & Co., Inc. Booth #601).
  • View the full release here: https://www.businesswire.com/news/home/20240306352716/en/
    Morgan Truck Body Project Agora concept body featured on an Isuzu FTR chassis (Photo: Business Wire)
    “Reflecting years of design evolution, the Morgan concept bodies are built with a focus on aerodynamics, lightweighting, improved ergonomics and enhanced situational awareness for increased driver convenience and productivity,” says Corby Stover, Morgan Truck Body President.
  • The Project Agora concept body is featured on an Isuzu FTR chassis.
  • Project Blackjack concept body is featured on an International® eMV™ Series battery electric chassis.

Conduit Tech Receives Powered by Manual J® Approval from Air Conditioning Contractors of America

Retrieved on: 
Wednesday, March 6, 2024

Conduit Tech, Inc. (Conduit Tech), a start-up building tools to generate sales and reduce unbillable work for Residential HVAC Pros, today announced that it has received a Powered by ACCA Manual J® Approval from the Air Conditioning Contractors of America (ACCA).

Key Points: 
  • Conduit Tech, Inc. (Conduit Tech), a start-up building tools to generate sales and reduce unbillable work for Residential HVAC Pros, today announced that it has received a Powered by ACCA Manual J® Approval from the Air Conditioning Contractors of America (ACCA).
  • Shelby Breger and Marisa Reddy founded Conduit Tech in 2022 to make it easier for all HVAC Pros to quickly and profitably design, sell, and install high-efficiency and comfortable HVAC systems.
  • Conduit’s receipt of the Powered by ACCA Manual J® Approval is the latest milestone enabling Conduit to accelerate its mission to empower thousands of HVAC Pros to install the most efficient and comfortable equipment in millions of homes.
  • We’re pleased that Conduit Tech has put the effort in to earn ACCA approval for their software.”