Electric power industry

CON EDISON TO REPORT 2021 EARNINGS ON FEBRUARY 17

Retrieved on: 
Wednesday, January 19, 2022 - 9:30pm

NEW YORK, Jan. 19, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2021 earnings on February 17, 2022 after the market closes.

Key Points: 
  • NEW YORK, Jan. 19, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2021 earnings on February 17, 2022 after the market closes.
  • Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $63 billion in assets.
  • Con Edison Transmission manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York, New England, the Mid-Atlantic states and the Midwest.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/con-edison-to-report-2021-earni...

Vanderbilt, NES, TVA, and Silicon Ranch break ground on solar farm

Retrieved on: 
Wednesday, January 19, 2022 - 4:00pm

The 35-megawatt (MWAC) Vanderbilt I Solar Farm is expected to begin producing power before the end of 2022, bringing new renewable generation to the Tennessee Valley.

Key Points: 
  • The 35-megawatt (MWAC) Vanderbilt I Solar Farm is expected to begin producing power before the end of 2022, bringing new renewable generation to the Tennessee Valley.
  • Silicon Ranch will also own, operate, and maintain the Vanderbilt I Solar Farm, a disciplined approach the company takes with every project it develops.
  • To facilitate the Vanderbilt I Solar Farm, Vanderbilt entered into an agreement with TVA and NES, the university's local power company.
  • Silicon Ranch pioneered utility-scale solar in the Tennessee Valley and remains a market leader, with more than 35 operating facilities across the region.

Work Underway to Upgrade The Illuminating Company's Electrical Power System in Parma

Retrieved on: 
Wednesday, January 19, 2022 - 3:33pm

The work includes installation of new, automated equipment and technology in substations and along neighborhood power lines serving nearly 15,000 residents and businesses in the area.

Key Points: 
  • The work includes installation of new, automated equipment and technology in substations and along neighborhood power lines serving nearly 15,000 residents and businesses in the area.
  • "The work underway in Parma will provide new technology and backup power lines for thousands of our customers and reduce many power interruptions to just a brief or momentary outage," said Ed Shuttleworth, president of FirstEnergy's Ohio operations.
  • Utility personnel are upgrading electrical equipment in two local substations as well as the power lines that deliver electric service to customers from those facilities.
  • The work underway in Parma kicked off in November and is expected to be completed in 2022.

Guidehouse Insights Estimates the Direct Current Distribution Network Market Will Grow at a Compound Annual Growth Rate of 14% through 2030

Retrieved on: 
Wednesday, January 19, 2022 - 10:15am

The market for DC distribution networks encompasses several disparate opportunities that revolve around different market assumptions, dynamics, and drivers.

Key Points: 
  • The market for DC distribution networks encompasses several disparate opportunities that revolve around different market assumptions, dynamics, and drivers.
  • Exponential growth in EV charging infrastructure is just one factor driving wider acceptance of DC distribution and technologies.
  • Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries.
  • Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.

Nikola Corporation Announces Date for Fourth Quarter and Full Year 2021 Results and Webcast

Retrieved on: 
Tuesday, January 18, 2022 - 9:15pm

PHOENIX, Jan. 18, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its fourth quarter and full year ended December 31, 2021 financial results on Thursday, February 24, 2022.

Key Points: 
  • PHOENIX, Jan. 18, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its fourth quarter and full year ended December 31, 2021 financial results on Thursday, February 24, 2022.
  • On that day, Nikola's management will hold a conference call and webcast at 9:30 a.m.
  • Nikola Corporation is globally transforming the transportation industry.
  • Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona.

NIKOLA AND PROTERRA AGREE TO LONG-TERM BATTERY SUPPLY FOR ZERO-EMISSION CLASS 8 SEMI TRUCKS

Retrieved on: 
Tuesday, January 18, 2022 - 1:00pm

Proterra product is expected to be incorporated in the Nikola Tre battery-electric vehicle (BEV) and Tre fuel cell electric vehicle (FCEV).

Key Points: 
  • Proterra product is expected to be incorporated in the Nikola Tre battery-electric vehicle (BEV) and Tre fuel cell electric vehicle (FCEV).
  • "Class 8 trucks play a vital role in the U.S. and global economy but today are some of transportation's worst polluters.
  • "With the growing demand for the Nikola Tre BEV and FCEV, we have actively pursued battery supply through a dual source strategy," said Mark Russell, Nikola CEO.
  • Forward-looking statements generally relate to Proterra's agreement to supply battery systems to Nikola Corporation and the expected benefits of such agreement.

Edison Investment Research Limited: Trackwise Designs (TWD): Connection under demanding conditions

Retrieved on: 
Friday, January 14, 2022 - 8:02am

Trackwise Designs has developed a proprietary, proven technology, IHT, for manufacturing extremely long, flexible circuits that can replace conventional wiring harnesses.

Key Points: 
  • Trackwise Designs has developed a proprietary, proven technology, IHT, for manufacturing extremely long, flexible circuits that can replace conventional wiring harnesses.
  • Since listing in July 2018, Trackwise has invested substantially in capacity, acquiring Stevenage Circuits in March 2020 and a new site in Stonehouse in April 2021.
  • The new site is scheduled to commence production in Q122 as Trackwise starts deliveries on an order worth up to 54m from a UK EV manufacturer.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

PLP ANNOUNCES ACQUISITION OF MAXXWELD CONECTORES ELÉTRICOS LTDA

Retrieved on: 
Wednesday, January 12, 2022 - 9:45pm

CLEVELAND, Jan. 12, 2022 /PRNewswire/ --Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired Maxxweld Conectores Eltricos Ltda.

Key Points: 
  • CLEVELAND, Jan. 12, 2022 /PRNewswire/ --Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired Maxxweld Conectores Eltricos Ltda.
  • Founded in 1991 and based out of Curitiba, Brazil, Maxxweld designs and manufactures substation connector systems and accessory hardware for high voltage AC systems and is a market leader in Brazil.
  • The acquisition of Maxxweld will greatly expand PLP's operational and technical capabilities in the region while supporting its overall global substation strategy.
  • "The addition of Maxxweld to our global substation group will significantly expand our ability to service our utility customers throughout the region and globally."

Wolverine Power Cooperative, Inc. Becomes ACES' Newest Member

Retrieved on: 
Wednesday, January 12, 2022 - 9:15pm

CARMEL, Ind., Jan. 12, 2022 /PRNewswire/ -- Wolverine Power Cooperative (Wolverine) located in Cadillac, Michigan became a Member of ACES, effective January 1, 2022.

Key Points: 
  • CARMEL, Ind., Jan. 12, 2022 /PRNewswire/ -- Wolverine Power Cooperative (Wolverine) located in Cadillac, Michigan became a Member of ACES, effective January 1, 2022.
  • As a Member, Wolverine will expand the services it receives from ACES.
  • ACES Membership provides several key advantages for Wolverine, including broader market perspectives, enhanced portfolio modeling tools, and additional bench strength to support Wolverine and our members," stated Eric Baker, President and CEO of Wolverine.
  • Wolverine is committed to service excellence for its members and helping them provide reliable and affordable power.

PLP ANNOUNCES ACQUISITION OF MAXXWELD CONECTORES ELÉTRICOS LTDA

Retrieved on: 
Wednesday, January 12, 2022 - 9:11pm

CLEVELAND, Jan. 12, 2022 /PRNewswire/ --Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired Maxxweld Conectores Eltricos Ltda.

Key Points: 
  • CLEVELAND, Jan. 12, 2022 /PRNewswire/ --Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired Maxxweld Conectores Eltricos Ltda.
  • Founded in 1991 and based out of Curitiba, Brazil, Maxxweld designs and manufactures substation connector systems and accessory hardware for high voltage AC systems and is a market leader in Brazil.
  • The acquisition of Maxxweld will greatly expand PLP's operational and technical capabilities in the region while supporting its overall global substation strategy.
  • "The addition of Maxxweld to our global substation group will significantly expand our ability to service our utility customers throughout the region and globally."