Utilities

Vast Solar Signs Letter of Intent to Purchase 13,500 Sodium-Ion Batteries from Natron Energy in 2023

Retrieved on: 
Thursday, December 8, 2022

Vast Solar Pty Ltd. (Vast), an Australian company and leading developer of concentrated solar thermal power (CSP) technology, today announced a collaboration with Natron Energy, Inc. ("Natron"), a global leader in the manufacturing of sodium-ion batteries.

Key Points: 
  • Vast Solar Pty Ltd. (Vast), an Australian company and leading developer of concentrated solar thermal power (CSP) technology, today announced a collaboration with Natron Energy, Inc. ("Natron"), a global leader in the manufacturing of sodium-ion batteries.
  • View the full release here: https://www.businesswire.com/news/home/20221208005226/en/
    This collaboration includes a Letter of Intent (LOI) to purchase up to 13,500 units of Natron's sodium-ion batteries for use on Vast Solar 2 (VS2) in Mount Isa.
  • Vast Solar and Natron will make information and data collected during the Mount Isa project available to both companies while they also evaluate future projects.
  • In October, Vast Solar announced its role in a consortium that received US$2.3 million from the U.S. Department of Energy Solar Energy Technologies Office to develop and test designs of molten salt thermal energy storage tanks.

NHTC Unlocks Scalable Multi-Gigabit Service Delivery with the Adtran End-to-End Fiber Broadband Solution

Retrieved on: 
Thursday, December 8, 2022

Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that New Hope Telephone Cooperative (NHTC) is leveraging the Adtran end-to-end fiber broadband solution to scale its network dramatically.

Key Points: 
  • Adtran, Inc. , the leading provider of next-generation multi-gigabit fiber access and fiber extension solutions, today announced that New Hope Telephone Cooperative (NHTC) is leveraging the Adtran end-to-end fiber broadband solution to scale its network dramatically.
  • Adtran is helping NHTC launch competitive multi-gigabit fiber broadband services, spend less time on network operations and more time building its brand in a market that is growing rapidly.
  • Due to this growth, NHTC needed to dramatically scale its fiber broadband solution to compete with large Tier 1 carriers.
  • The Adtran end-to-end solution includes the Adtran Mosaic One cloud software and Adtran Connected Home solutions, connected via the Adtran 10G fiber access platform with Combo PON technology.

American Water Appoints Two New Independent Members to the Board of Directors

Retrieved on: 
Thursday, December 15, 2022

American Water Works Company, Inc. (NYSE: AWK) announced today that Laurie P. Havanec and Michael L. Marberry have been appointed independent members of the company's board of directors, effective Dec. 7, 2022.

Key Points: 
  • American Water Works Company, Inc. (NYSE: AWK) announced today that Laurie P. Havanec and Michael L. Marberry have been appointed independent members of the company's board of directors, effective Dec. 7, 2022.
  • "American Water is pleased to have Laurie and Michael join our board of directors," said Karl Kurz, Board Chair of American Water.
  • We are honored to have these talented and successful individuals become part of American Water's board," said Susan Hardwick, President and CEO of American Water.
  • American Water provides safe, clean, affordable, and reliable water services to our customers to help keep their lives flowing.

Hess Announces Regular Quarterly Dividend On Common Stock

Retrieved on: 
Wednesday, December 7, 2022

The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 37.5 cents per share payable on the Common Stock of the Corporation on December 29, 2022 to holders of record at the close of business on December 19, 2022.

Key Points: 
  • The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 37.5 cents per share payable on the Common Stock of the Corporation on December 29, 2022 to holders of record at the close of business on December 19, 2022.
  • Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas.
  • More information on Hess Corporation is available at http://www.hess.com .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20221207005914/en/

FirstEnergy’s Pennsylvania Default Service Program DSP-V and DSP-VI Auctions: Information Session for Prospective Bidders on Thursday, December 15, 2022

Retrieved on: 
Thursday, December 8, 2022

The auctions are being conducted pursuant to FirstEnergys Pennsylvania Default Service Program (DSPV and DSP-VI) as approved by the Pennsylvania Public Utility Commission.

Key Points: 
  • The auctions are being conducted pursuant to FirstEnergys Pennsylvania Default Service Program (DSPV and DSP-VI) as approved by the Pennsylvania Public Utility Commission.
  • The January DSPV Commercial (Fixed-Price) auction is the next auction in the DSPV auction series that began in October 2018.
  • The Information Session for prospective bidders for the January auctions is scheduled for Thursday, December 15, 2022.
  • Part 1 Applications from prospective bidders will be accepted starting December 16 and are due no later than December 28.

Eversource Again Ranks as the #1 Utility for Corporate Responsibility by Newsweek

Retrieved on: 
Wednesday, December 7, 2022

For the third time in the last four years, Eversource Energy (NYSE: ES) has been recognized by Newsweek magazine as the top utility in its annual list of Americas Most Responsible Companies, in recognition of its national leadership in promoting corporate social responsibility, sustainability and corporate citizenship.

Key Points: 
  • For the third time in the last four years, Eversource Energy (NYSE: ES) has been recognized by Newsweek magazine as the top utility in its annual list of Americas Most Responsible Companies, in recognition of its national leadership in promoting corporate social responsibility, sustainability and corporate citizenship.
  • Responsible environmental, social, and governance principles are at the core of our mission at Eversource because exemplary corporate citizenship is integral to serving our customers, said Eversource President and CEO Joe Nolan.
  • The Newsweek list determines the most responsible companies based on their corporate social sustainability performance and reputation.
  • Eversource and the other recognized companies on the Newsweek ranking of Americas Most Responsible Companies are featured in the December 7 issue of the news magazine.

NPCC’s Winter Reliability Assessment Predicts Adequate Electricity Supplies Under Forecasted Conditions

Retrieved on: 
Wednesday, December 7, 2022

Northeast Power Coordinating Council, Incs (NPCCs) annual winter reliability assessment forecasts the NPCC Region will have an adequate supply of electricity this winter to meet projected peak demand under forecasted weather conditions.

Key Points: 
  • Northeast Power Coordinating Council, Incs (NPCCs) annual winter reliability assessment forecasts the NPCC Region will have an adequate supply of electricity this winter to meet projected peak demand under forecasted weather conditions.
  • An installed winter capacity of 169,914 MW is estimated to be in place to meet the forecasted electricity demand, which is 1,156 MW more than last winter.
  • NPCCs assessment indicates adequate capacity margins and transmission capability to meet the regions peak demand and required operating reserves under forecasted conditions this winter, said Charles Dickerson, President and CEO of NPCC.
  • As conditions warrant this winter, NPCC will facilitate communication among system operators, providing for enhanced regional coordination, added Phil Fedora, NPCCs Vice President of Reliability Services and Chief Engineer.

Equinor Wins Commercial-Scale Lease in California - Deepens Leading Floating Offshore Wind Position

Retrieved on: 
Wednesday, December 7, 2022

Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in the first-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities.

Key Points: 
  • Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in the first-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities.
  • As the worlds leading floating offshore wind operator and developer, Equinor looks forward to applying its experience to create a sustainable offshore wind industry in California.
  • California has set an offshore wind target of up to 5 GW by 2030 and 25 GW floating offshore wind by 2045.
  • Equinor is one of the largest offshore wind developers in the U.S., where it operates two lease areas, Empire Wind and Beacon Wind.

New Jersey Resources Named One of America’s Most Responsible Companies by Newsweek

Retrieved on: 
Wednesday, December 7, 2022

For the fourth consecutive year, New Jersey Resources (NYSE: NJR) was named one of Americas Most Responsible Companies by Newsweek in recognition of its excellence and accomplishments in corporate social responsibility.

Key Points: 
  • For the fourth consecutive year, New Jersey Resources (NYSE: NJR) was named one of Americas Most Responsible Companies by Newsweek in recognition of its excellence and accomplishments in corporate social responsibility.
  • The final list recognizes the top most responsible companies in the United States and reinforces NJRs commitment to corporate sustainability and reputation for service excellence.
  • It is an honor to be recognized as one of the most responsible companies in the country.
  • Americas Most Responsible Companies 2023 is a project of Newsweek in partnership with Statista.

Watts Water Technologies Named One of “America’s Most Responsible Companies 2023” by Newsweek

Retrieved on: 
Wednesday, December 7, 2022

Watts Water Technologies, Inc. (NYSE: WTS) - For the fourth consecutive year, Watts Water Technologies, Inc. (NYSE: WTS), a leading global manufacturer of plumbing, heating, and water quality products and solutions, has been named one of Americas Most Responsible Companies by Newsweek magazine.

Key Points: 
  • Watts Water Technologies, Inc. (NYSE: WTS) - For the fourth consecutive year, Watts Water Technologies, Inc. (NYSE: WTS), a leading global manufacturer of plumbing, heating, and water quality products and solutions, has been named one of Americas Most Responsible Companies by Newsweek magazine.
  • View the full release here: https://www.businesswire.com/news/home/20221207005778/en/
    The Company is being recognized as one of the Top 500 most responsible companies from 2,000 of the largest U.S. firms, spanning 14 industries.
  • Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world.
  • Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and industrial applications.