Geothermal energy

Petrolern LLC Chosen by Ecopetrol for Geothermal Resource Assessment in Columbia

Retrieved on: 
Wednesday, October 13, 2021

ATLANTA, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Petrolern LLC announces that it has been chosen by Ecopetrol for consultancy services to identify targets for utilization of geothermal power in selected basins inColombia.

Key Points: 
  • ATLANTA, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Petrolern LLC announces that it has been chosen by Ecopetrol for consultancy services to identify targets for utilization of geothermal power in selected basins inColombia.
  • Ecopetrol will receive from Petrolern extensive technical support for resource assessment and identification of areas with greater geothermal potential in addition to training/mentorship to their personnel, and appropriate methodology to apply, such as geophysical methods, subsurface data integration and modeling, geothermal resource evaluation, geomechanics, energy generation estimation, and selecting drill sites.
  • Petrolern CEO, Hamed Soroush, remarks, "We are tremendously proud that Ecopetrol has selected our company to assist them with their geothermal resource assessment, maturation and power generation.
  • Petrolern is working to provide cost-effective solutions, including repurposing aging oil wells to geothermal, and designing hybrid solar-geothermal and wind-geothermal "synthetic geothermal reservoirs" to significantly increase geothermal electricity and heat usageworldwide.

DGAP-News: Hannover Re commits to net zero targets in reinsurance, investments and business operations

Retrieved on: 
Wednesday, October 13, 2021

Hannover Re commits to net zero targets in reinsurance, investments and business operations

Key Points: 
  • Hannover Re commits to net zero targets in reinsurance, investments and business operations
    The issuer is solely responsible for the content of this announcement.
  • Hannover Re commits to net zero targets in reinsurance, investments and business operations
    Hannover, 13October 2021: Hannover Re is committing to achieve net zero emissions in business operations by 2030 and in its reinsurance portfolio and investments by 2050.
  • In setting these targets Hannover Re supports the Paris Agreement on climate change aimed at limiting global warming to 1.5 degrees Celsius.
  • By committing to achieve the net zero targets Hannover Re is taking a major step towards advancing the transition to a climate-friendly economy.

DGAP-News: M+M: Ecology and Economy in full harmony

Retrieved on: 
Monday, October 11, 2021

Wessling, October 11, 2021 - Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM specialist company, significantly augmented regenerative power production activities.

Key Points: 
  • Wessling, October 11, 2021 - Mensch und Maschine Software SE (MUM - ISIN DE0006580806), a CAD/CAM specialist company, significantly augmented regenerative power production activities.
  • 1,500 square meter photovoltaic system was installed on the roof of M+M headquarters in Wessling.
  • As replacing coal-fired by solar electricity saves around one kilogram CO2 emissions per kWh (Source: strom-report.de), M+M thus is achieving approx.
  • Moreover, ecology and economy are in full harmony: The new power plant on the headquarters roof will have amortized after approx.

KKR Completes Follow-On Investment in First Gen Through Voluntary Tender Offer

Retrieved on: 
Wednesday, October 6, 2021

With the completion of the share acquisition, KKR, which is an existing shareholder in First Gen, will hold an approximately 19.9% ownership stake in the Company.

Key Points: 
  • With the completion of the share acquisition, KKR, which is an existing shareholder in First Gen, will hold an approximately 19.9% ownership stake in the Company.
  • First Gen is one of the Philippines largest independent power producers and is a subsidiary of First Philippine Holdings Corporation.
  • KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities.
  • KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.

Surge Battery Metals Receives Exchange Approval for the San Emidio Lithium Project in Nevada

Retrieved on: 
Monday, October 4, 2021

The Company is also pleased to announce that it has retained Mr. Alan J Morris CPG (Surge's Qualified Person) to oversee exploration at the San Emidio Lithium prospect in Washoe County Nevada.

Key Points: 
  • The Company is also pleased to announce that it has retained Mr. Alan J Morris CPG (Surge's Qualified Person) to oversee exploration at the San Emidio Lithium prospect in Washoe County Nevada.
  • The San Emidio Desert holds great lithium exploration promise, and it is the Company's intention to determine the lithium brine and lithium clay potential for its properties in the region."
  • Although only limited near surface brine sampling was done at this time, several anomalous lithium samples were recovered.
  • The Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada.

Surge Battery Metals Receives Exchange Approval for the San Emidio Lithium Project in Nevada

Retrieved on: 
Monday, October 4, 2021

The Company is also pleased to announce that it has retained Mr. Alan J Morris CPG (Surge's Qualified Person) to oversee exploration at the San Emidio Lithium prospect in Washoe County Nevada.

Key Points: 
  • The Company is also pleased to announce that it has retained Mr. Alan J Morris CPG (Surge's Qualified Person) to oversee exploration at the San Emidio Lithium prospect in Washoe County Nevada.
  • The San Emidio Desert holds great lithium exploration promise, and it is the Company's intention to determine the lithium brine and lithium clay potential for its properties in the region."
  • Although only limited near surface brine sampling was done at this time, several anomalous lithium samples were recovered.
  • The Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada.

Alexandria Real Estate Equities, Inc. Deepens and Expands Strategic Relationship With Moderna for New 462,000 RSF HQ and R&D Facility at 325 Binney Street, Designed to Be the Most Sustainable Laboratory Building in Cambridge

Retrieved on: 
Thursday, September 30, 2021

325Binney Street's resilient design proactively addresses climate risk through the incorporation of several innovative resiliency measures to mitigate the potential risks associated with flood precipitation.

Key Points: 
  • 325Binney Street's resilient design proactively addresses climate risk through the incorporation of several innovative resiliency measures to mitigate the potential risks associated with flood precipitation.
  • "Since 1997, Alexandria has been at the vanguard of Greater Boston's life science ecosystem.
  • "Moderna is a tremendous example of a highly disruptive, visionary company that has grown with Alexandria.
  • Alexandria also provides strategic capital to transformative life science, agtech and technology companies through our venture capital platform.

Two new sustainable campuses in Vienna - Caverion launches life-cycle projects guaranteeing optimal conditions for 25 years

Retrieved on: 
Thursday, September 30, 2021

The project will provide new sustainable facilities to over 1,900 children in daycare and elementary and secondary schools and it is the second life cycle project for Caverion in Austria.

Key Points: 
  • The project will provide new sustainable facilities to over 1,900 children in daycare and elementary and secondary schools and it is the second life cycle project for Caverion in Austria.
  • During the construction, Caverion will be responsible for the design and build of technical solutions for the campus buildings, including heating and sanitation, ventilation, air conditioning and electricity.
  • The delivery includes the implementation of sustainable energy generation systems with geothermal energy and efficient heat pump systems.
  • Both sites are scheduled to be in operation by the start of the 2023/2024 school year.

DGAP-News: Daldrup & Söhne AG increases EBIT result in H1 2021

Retrieved on: 
Thursday, September 30, 2021

The Group's half-year earnings before interest, taxes, depreciation and amortisation (EBITDA) as at 30 June 2021 improved slightly to 1.8 million (1.7 million).

Key Points: 
  • The Group's half-year earnings before interest, taxes, depreciation and amortisation (EBITDA) as at 30 June 2021 improved slightly to 1.8 million (1.7 million).
  • At the operating level, the Group again achieved a positive result (EBIT) of EUR 611 thousand (EUR 549 thousand), an increase of around 11 percent.
  • The Annual General Meeting of Daldrup & Shne AG on 26 August 2021 approved the administration's proposal to elect Wolfgang Bosbach as the fourth member of the Supervisory Board by a large majority.
  • The order situation in all business areas of Daldrup & Shne AG remains satisfactory.

Uplight’s Updated Marketplace Solution Outperforms Competition

Retrieved on: 
Monday, September 27, 2021

For utilities to succeed, they need a turnkey Marketplace they can easily implement and these recent updates make it easier than ever to meet their goals.

Key Points: 
  • For utilities to succeed, they need a turnkey Marketplace they can easily implement and these recent updates make it easier than ever to meet their goals.
  • Since Uplight launched the updated Marketplace version last year, the conversion rate has increased by 61% now exceeding industry averages resulting in more products sold, more customers enrolled in programs, and higher energy savings.
  • With nearly three in five customers accessing the Marketplace from their mobile phones, Uplights mobile-first design resulted in an even higher increase in the conversion rate nearly 2x higher among mobile users.
  • Dandelion joins other partners focused on driving customers to solar, storage, and home performance offerings directly from the Uplight Marketplace.