Other Energy

First Solar, Inc. to Announce First Quarter 2024 Financial Results on May 1, 2024

Retrieved on: 
Thursday, April 4, 2024

First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024.

Key Points: 

First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024.
Conference Call Details are as follows:
Outside of the United States: 1-647-362-9199

Valaris Announces Contract Suspension for Jackup VALARIS 143

Retrieved on: 
Thursday, April 4, 2024

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling (“ARO”), its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I).

Key Points: 
  • Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling (“ARO”), its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I).
  • The suspension notice is for a period of up to twelve months and ARO is in discussions with Aramco to determine the effective date of the suspension.
  • During the suspension period, ARO will have the right to terminate the drilling contract with Aramco.
  • Valaris leases VALARIS 143 (EXL I) to ARO under a bareboat charter agreement.

UK Government Selects X-energy and Cavendish Nuclear for First Advanced Modular Reactor Award from Future Nuclear Enabling Fund

Retrieved on: 
Thursday, April 4, 2024

X-Energy UK Holdings, Ltd (“X-energy”), a wholly-owned subsidiary of X-Energy Reactor Company, LLC, and Cavendish Nuclear, a wholly-owned subsidiary of Babcock International, today welcomed a funding award from the UK Government’s Future Nuclear Enabling Fund (“FNEF”) to further the development of their plans for Advanced Modular Reactors (AMRs) in the UK.

Key Points: 
  • X-Energy UK Holdings, Ltd (“X-energy”), a wholly-owned subsidiary of X-Energy Reactor Company, LLC, and Cavendish Nuclear, a wholly-owned subsidiary of Babcock International, today welcomed a funding award from the UK Government’s Future Nuclear Enabling Fund (“FNEF”) to further the development of their plans for Advanced Modular Reactors (AMRs) in the UK.
  • X-energy and Cavendish Nuclear also announced a partnership with Kier Group (“Kier”), a leading UK provider of construction and infrastructure services, to support constructability and supply chain analyses.
  • Kier joins steel producer and engineer Sheffield Forgemasters and the Nuclear Advanced Manufacturing Research Centre (NAMRC) to support X-energy and Cavendish Nuclear in completing the scope outlined in their FNEF proposal.
  • Last year X-energy and Cavendish Nuclear signed a memorandum of understanding with Howden, the Glasgow-based gas circulator manufacturer.

GHD Names Jim Giannopoulos as New Global CEO

Retrieved on: 
Thursday, April 4, 2024

Global professional services company, GHD, has appointed Jim Giannopoulos as Chief Executive Officer, succeeding Ashley Wright and effective 2 April 2024.

Key Points: 
  • Global professional services company, GHD, has appointed Jim Giannopoulos as Chief Executive Officer, succeeding Ashley Wright and effective 2 April 2024.
  • The planned transition process, announced to shareholders and employees in December, continues the employee-owned company’s history of succession from within its operations.
  • View the full release here: https://www.businesswire.com/news/home/20240404494412/en/
    Giannopoulos was most recently CEO - Americas, having led the Canadian and then all operations for GHD’s Americas region including Canada, USA and Chile over the past four years.
  • GHD Chair Rob Knott paid tribute to Ashley Wright, who has been GHD’s CEO since 2016, “We thank Ashley for his strong leadership and service in consistently building a diversified global business and brand, focused on making water, energy and communities sustainable for generations to come.”

EnerSys Wins 2024 U.S. Department of Energy Better Project Award

Retrieved on: 
Thursday, April 4, 2024

EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has been awarded the Better Project Award from the U.S. Department of Energy (DOE) Better Plants Program for implementation of the Sovema Cold Cube cutting system.

Key Points: 
  • EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has been awarded the Better Project Award from the U.S. Department of Energy (DOE) Better Plants Program for implementation of the Sovema Cold Cube cutting system.
  • This award is the second award that EnerSys has received in two years from the DOE, underscoring the company’s commitment to sustainability, energy efficiency, and innovation within the manufacturing industry.
  • As a member of the Better Plants Program since 2021, EnerSys has continuously strived to enhance energy productivity, setting ambitious commitments with the Department of Energy to improve energy intensity by 25% by 2031.
  • Patrice Baumann, Chief Integrated Supply Chain Officer at EnerSys, commented, "Receiving the Department of Energy's Better Project Award is a testament to our commitment to innovation and sustainability.

Advent Technologies Signs Strategic Joint Development Agreement with Siemens Energy to Expedite the Decarbonization of the Maritime Sector

Retrieved on: 
Thursday, April 4, 2024

Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advent Technologies A/S (“Advent”), has signed a Joint Development Agreement (“JDA”) with Siemens Energy, one of the world's leading energy technology companies.

Key Points: 
  • Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advent Technologies A/S (“Advent”), has signed a Joint Development Agreement (“JDA”) with Siemens Energy, one of the world's leading energy technology companies.
  • The innovative clean energy solution resulting from this multi-year collaboration is expected to initially address the power needs of large yachts.
  • This agreement builds upon the strong collaboration between Advent and Siemens Energy, which began in February 2022 with the Sanlorenzo Life Ocean pilot project.
  • Advent Technologies' HT-PEM fuel cells utilizing the innovative Ion Pair™ MEA technology, offer high-temperature operation between 80°C and 240°C.

California American Water Strengthens Water Reliability in Arden-Arcade with New Cottage Way Well

Retrieved on: 
Friday, April 5, 2024

California American Water is proud to announce the completion of the Cottage Way Well Project, a critical investment that helps ensure a safe, reliable water supply for the Arden-Arcade community within the greater Sacramento region.

Key Points: 
  • California American Water is proud to announce the completion of the Cottage Way Well Project, a critical investment that helps ensure a safe, reliable water supply for the Arden-Arcade community within the greater Sacramento region.
  • “The Cottage Way Well is an example of our commitment to providing customers with high-quality drinking water,” said Steve Dutch, Northern Division Engineering Manager at California American Water.
  • Our operations team has installed a Variable Frequency Drive at the Cottage Well site, so the flow rate can change based on demand needs automatically, saving water and energy.”
    The Cottage Way Well project exemplifies California American Water’s continued commitment to preemptively addressing aging infrastructure.
  • California American Water will continue to invest in critical upgrades throughout the region, to help ensure customers have high-quality water for decades to come.

Laser Photonics’ CleanTech Laser Cleaning Revolutionizes Nuclear Decontamination Processes

Retrieved on: 
Thursday, April 4, 2024

Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its CleanTech laser systems in the nuclear power industry.

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its CleanTech laser systems in the nuclear power industry.
  • LPC's CleanTech laser cleaning technology offers a safe and effective solution for nuclear facility maintenance, addressing the challenges posed by traditional cleaning methods like sandblasting, water blasting, power tool grinding, or chemical cleaning.
  • "Nuclear industry professionals have greatly benefited from using our laser cleaning technology in solving unique maintenance challenges that commonly used processes are unable to meet," said Wayne Tupuola, CEO of Laser Photonics.
  • "CleanTech has multiple applications for nuclear facilities operations, such as cleaning storage tanks, removing radioactive substance layers and maintenance of nuclear reactor parts."

Granite Ridge Announces Expansion of Revolving Credit Facility

Retrieved on: 
Thursday, April 4, 2024

Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced the successful completion of its semi-annual borrowing base redetermination and entry into the third amendment to the Company’s existing credit agreement (the “Third Amendment”).

Key Points: 
  • Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT) today announced the successful completion of its semi-annual borrowing base redetermination and entry into the third amendment to the Company’s existing credit agreement (the “Third Amendment”).
  • Increased the borrowing base from $275 million to $300 million;
    Raised the aggregate elected commitments by 25% to $300 million;
    Appointed Bank of America, N.A.
  • as successor Administrative Agent and L/C Issuer; and
    Expanded the lender syndicate by adding nine new banks.
  • This expansion is a testament to our financial strength and provides additional liquidity and flexibility to support our growing business.

ESAB Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Thursday, April 4, 2024

ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it will issue a press release providing financial results for the first quarter of 2024 on the morning of Wednesday, May 1, 2024.

Key Points: 
  • ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it will issue a press release providing financial results for the first quarter of 2024 on the morning of Wednesday, May 1, 2024.
  • The Company will hold a conference call to discuss these results beginning at 8:00 a.m. Eastern on that day, which will be open to the public by calling +1-888-550-5302 (U.S. callers) and +1-646-960-0685 (International callers) and referencing the conference ID number 4669992 and through webcast via ESAB’s website www.ESABcorporation.com under the “Investors” section.
  • ESAB’s financial results press release and supplemental information referenced on the call, if any, for the first quarter 2024 will be available under the “Investors” section of ESAB’s website prior to the conference call.
  • A link to a replay of the call will also be available on the ESAB Corporation website later that day.