Other Energy

Labor Leaders, CEOs Call on Governor Newsom to Invest in Hydrogen to Meet Climate Goals

Retrieved on: 
Thursday, August 18, 2022 - 9:30pm

This funding will support the buildout of 1,000 hydrogen fueling stations statewide, which will provide fueling access for 97% of disadvantaged communities and 94% of the geographic state.

Key Points: 
  • This funding will support the buildout of 1,000 hydrogen fueling stations statewide, which will provide fueling access for 97% of disadvantaged communities and 94% of the geographic state.
  • At this still early stage in market development, the signal California sends on hydrogen will impact private investment decisions.
  • The business and labor leaders note the development of a statewide network will create between 2,280-3,720 hydrogen production and station construction jobs annually.
  • The average salary of those jobs is forecast to be between $84,000-$91,000 per year across engineering, construction, installation, equipment maintenance and hydrogen testing professions.

Xylem Inc. Declares Third Quarter Dividend of 30 Cents per Share

Retrieved on: 
Thursday, August 18, 2022 - 9:15pm

The Board of Directors of Xylem Inc. (NYSE: XYL), has declared a third quarter dividend of $0.30 per share payable on September 29, 2022 to shareholders of record as of September 1, 2022.

Key Points: 
  • The Board of Directors of Xylem Inc. (NYSE: XYL), has declared a third quarter dividend of $0.30 per share payable on September 29, 2022 to shareholders of record as of September 1, 2022.
  • Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation.
  • Our 17,000 diverse employees delivered revenue of $5.2 billion in 2021.
  • We are creating a more sustainable world by enabling our customers to optimize water and resource management, and helping communities in more than 150 countries become water-secure.

Argan, Inc. Announces Founder, Chairman and CEO Retirement and Succession

Retrieved on: 
Thursday, August 18, 2022 - 9:15pm

Argan, Inc. (NYSE: AGX) (Argan or the Company) announces today that Rainer H. Bosselmann, Founder, Chairman and Chief Executive Officer retired effective August 16, 2022.

Key Points: 
  • Argan, Inc. (NYSE: AGX) (Argan or the Company) announces today that Rainer H. Bosselmann, Founder, Chairman and Chief Executive Officer retired effective August 16, 2022.
  • A steadfast and conservative leader, Rainer founded Argan in 2003 and fostered the management team that is in place today.
  • In addition, Rainer was instrumental in the evolution of Argan with the transformative acquisition of Gemma Power Systems in 2006.
  • With Mr. Watson taking on the President and CEO position, long time Corporate Controller, Richard H. Deily, will step into the CFO position.

Tivoli Lighting Introduces ADAPT 2.0 LED Strand Light Series for Precise Lighting Control in Ultimate Style for Exterior Architectural Applications

Retrieved on: 
Thursday, August 18, 2022 - 4:42pm

With more than 50 years of innovation and linear lighting leadership, Tivoli Lighting introduces its ADAPT 2.0 LED Strand Light Series with 11 designer globes in six color temperatures and colors, a range of factory molded standard spacing, two mounting options, and additional light shade choices for exterior commercial and aesthetic architectural lighting.

Key Points: 
  • With more than 50 years of innovation and linear lighting leadership, Tivoli Lighting introduces its ADAPT 2.0 LED Strand Light Series with 11 designer globes in six color temperatures and colors, a range of factory molded standard spacing, two mounting options, and additional light shade choices for exterior commercial and aesthetic architectural lighting.
  • It comes in 12", 18", 24" and now 36 factory molded standard spacing lengths, delivering up to 180 lumens per foot.
  • The efficient ADAPT 2.0 only consumes .96 watts per LED and can be controlled via 0-10V, MLV, ELV, and DMX 512 for precise dimming options.
  • ADAPT 2.0 strand light will perform in temperatures of -40 to 149F and comes with a three-year limited warranty.

Tellurian Completes Haynesville Basin Acquisition

Retrieved on: 
Thursday, August 18, 2022 - 5:03pm

Tellurian Inc. (Tellurian) (NYSE American: TELL) today announced that its wholly owned subsidiary, Tellurian Production LLC (TPC), has closed the previously announced acquisition of certain assets in the Haynesville from privately held EnSight IV Energy Partners, LLC and EnSight Haynesville Partners, LLC.

Key Points: 
  • Tellurian Inc. (Tellurian) (NYSE American: TELL) today announced that its wholly owned subsidiary, Tellurian Production LLC (TPC), has closed the previously announced acquisition of certain assets in the Haynesville from privately held EnSight IV Energy Partners, LLC and EnSight Haynesville Partners, LLC.
  • Tellurian President and CEO Octvio Simes said, This closing represents significant progress for Tellurian and our business model.
  • John Howie, President of TPC, commented, The EnSight acquisition is an excellent strategic and operational fit for Tellurian.
  • With the closing of the EnSight acquisition, TPC has current production of approximately 150 million cubic feet/day (MMcfd) from assets in the Haynesville basin.

SPAN Will Help the Inflation Reduction Act Realize its Climate Goal and Full Potential, as Homeowners Use SPAN to Integrate Electrification Products like Batteries, Heat Pumps, Solar, and Other Energy Improvements

Retrieved on: 
Thursday, August 18, 2022 - 3:00pm

As homeowners transition from less efficient fossil fuel appliances to better performing electric versions and more renewable energy, SPAN products are natural complementary additions.

Key Points: 
  • As homeowners transition from less efficient fossil fuel appliances to better performing electric versions and more renewable energy, SPAN products are natural complementary additions.
  • SPAN reduces hurdles like electric service upgrades and provides homeowners complete control of their expanding home energy ecosystem.
  • SPAN Panel gives customers circuit-level management, real-time monitoring, and actionable energy insights through the SPAN Home apps intuitive interface.
  • For more information about the SPAN smart home electrical panel, please contact us at press@span.io
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220818005462/en/

Tigo Energy Highlights Rapid Shutdown Policy and Market Dynamics at 2022 Energy Expo

Retrieved on: 
Thursday, August 18, 2022 - 3:00pm

Tigo Energy, Inc. , the solar industrys leading Flex MLPE (Module Level Power Electronics) supplier, today announced that it will demonstrate leadership with an educational session on solar rapid shutdown, monitoring, and optimization at the 2022 Energy Expo in Miami, Florida.

Key Points: 
  • Tigo Energy, Inc. , the solar industrys leading Flex MLPE (Module Level Power Electronics) supplier, today announced that it will demonstrate leadership with an educational session on solar rapid shutdown, monitoring, and optimization at the 2022 Energy Expo in Miami, Florida.
  • When deployed with Tigo RSS Transmitters with Pure Signal, Tigo rapid shutdown technology enables a reduction in cable runs and reduces the impact of electromagnetic interference in large-scale solar systems.
  • Tigo TS4 rapid shutdown devices are IEC and UL certified for global acceptance and comply with NEC 2017 and 2020 690.12 Rapid Shutdown specifications when installed with the Tigo RSS Transmitter and a UL PVRSS certified inverter or an inverter with a built-in Tigo-certified transmitter.
  • To learn more about Tigo Flex MLPE solutions at Energy Expo from Tuesday, August 23, to Thursday, August 25, 2022, please reach out to the local sales team here .

Crédit Agricole CIB Advises Repsol and Ibereólica on a Greenfield Wind Energy Project in Chile

Retrieved on: 
Thursday, August 18, 2022 - 2:00pm

Crdit Agricole CIB advised Repsol Iberelica Renovables Chile SpAa joint venture between Repsol Chile S.A. (Repsol) and Iberelica Renovables Chile S.A. (Iberelica)on a $118 million project finance debt raise for the construction and operation of Project Atacama (the Project), a 165.3 MW greenfield wind farm in northern Chile.

Key Points: 
  • Crdit Agricole CIB advised Repsol Iberelica Renovables Chile SpAa joint venture between Repsol Chile S.A. (Repsol) and Iberelica Renovables Chile S.A. (Iberelica)on a $118 million project finance debt raise for the construction and operation of Project Atacama (the Project), a 165.3 MW greenfield wind farm in northern Chile.
  • Repsol and Iberelica formed their joint venture in 2020 in order to develop, build and operate a portfolio of renewable assets in Chile.
  • Crdit Agricole CIB looks forward to supporting both companies with their clean energy ambitions.
  • This is the fourth advisory transaction that Crdit Agricole CIB has closed in Chile over the past two years.

SkyWater Names Supplier Excellence Award Recipients

Retrieved on: 
Thursday, August 18, 2022 - 2:05pm

SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its first supplier excellence awards by recognizing top performers selected from among the companys extensive list of approved suppliers.

Key Points: 
  • SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its first supplier excellence awards by recognizing top performers selected from among the companys extensive list of approved suppliers.
  • Award winners include: Toll Gas Company , Preferred Electric and Central McGowan as well as several individuals from these companies for their outstanding contributions.
  • The chosen suppliers exceeded a stringent set of quality performance criteria, played a significant role in supporting SkyWater initiatives and/or contributed to the companys success by mitigating supply risks.
  • SkyWater (NASDAQ: SKYT) is a U.S. investor-owned semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Foundry.

ICS Cybersecurity Leader TXOne Networks Raises $70 Million in Series B Funding

Retrieved on: 
Thursday, August 18, 2022 - 1:35pm

The latest capital injection will be used to expand TXOne Networks' global presence and defend industry verticals worldwide against complex and volatile cybersecurity threats to industrial control systems (ICS).

Key Points: 
  • The latest capital injection will be used to expand TXOne Networks' global presence and defend industry verticals worldwide against complex and volatile cybersecurity threats to industrial control systems (ICS).
  • TXOne Networks completed its Series A financing in August 2021, and lead investors in that roundJAFCO Asia and Jade Stone Jinghua Limited Partnership Fundincreased their investment in Series B.
  • The surge in cybersecurity demand contributed to a 107% increase YoY in TXOne Networks revenue in the first half of 2022.
  • This unusually large round of Series B funding is proof of the markets belief in TXOne Networks.