Utilities

Essential Utilities and Employees Team Up for $800,000 Donation to United Way

Retrieved on: 
Friday, April 5, 2024
Philanthropy, Utilities, Oil, Gas, Other Philanthropy, Fund Raising, Energy, Foundation, Health, Organization, Essential, Face, Environment, Natural Resources, Education, WTRG, Economic development, Essential Utilities, United Way, United, Housing, Water, Heart, Natural gas, Multimedia, Aqua, Management

Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.
  • View the full release here: https://www.businesswire.com/news/home/20240403781019/en/
    More than 2,000 employees participated in the campaign to support 479 deserving community organizations, including United Way organizations across Essential’s nine-state footprint and many other nonprofits in the United Way network.
  • Aqua and Peoples have partnered with the United Way for more than two decades, donating more than $3.1 million in just the past four years since the companies united under Essential Utilities.
  • The United Way employee giving program allows team members to direct their contributions to causes that are important to them and their local community.

Adani Green Energy Becomes India’s First to Surpass 10,000 MW Renewable Energy

Retrieved on: 
Wednesday, April 3, 2024
Alternative Energy, Energy, Environment, Sustainability, Utilities, Waste management, Social capital, Kamuthi, Adani Green Energy, Wind, Adani Group, Plant, CO2, Renewable energy

Adani Green Energy Limited (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable, and clean power to the national grid.

Key Points: 
  • Adani Green Energy Limited (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable, and clean power to the national grid.
  • AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity.
  • The milestone is a testament to AGEL and its development partners firmly moving towards the goal of 45,000 MW renewable energy by 2030.
  • In our drive towards 45,000 MW by 2030, we are building the world's largest renewable energy plant in Khavda — a 30,000 MW project unparalleled on the global stage.

Travis St. Pierre Named President of Audubon Engineering Company LP

Retrieved on: 
Wednesday, April 3, 2024
Steel, Packaging, Other Energy, Engineering, Utilities, Chemicals, Plastics, Oil, Gas, Alternative Energy, Manufacturing, Energy, Electricity, Electrical engineering, Multimedia, Growth, Louisiana State University, EPC, Management

Today, Audubon Engineering Company LP (Audubon), a leading provider of integrated engineering, procurement, construction (EPC), fabrication, and technical solutions, announced the promotion of Travis St. Pierre , PE, to President of Audubon’s engineering group.

Key Points: 
  • Today, Audubon Engineering Company LP (Audubon), a leading provider of integrated engineering, procurement, construction (EPC), fabrication, and technical solutions, announced the promotion of Travis St. Pierre , PE, to President of Audubon’s engineering group.
  • Reporting to Chief Executive Officer David Robison, Travis will lead Audubon’s engineering operations, which offer integrated project services across the energy and industrial sectors .
  • View the full release here: https://www.businesswire.com/news/home/20240403692665/en/
    Travis St. Pierre, President of Audubon Engineering Company LP (Photo: Business Wire)
    In his new role as president, Travis will drive growth in various new and existing business units throughout the engineering company and will support integration with Audubon’s affiliate companies, which focus on field services , construction , and fabrication .
  • Audubon CEO David Robison noted: “Travis’s promotion is a testament to his experience and leadership of our global engineering group.

Leeward Renewable Energy Completes Construction and Commences Commercial Operations at Horizon Solar Project

Retrieved on: 
Thursday, April 4, 2024
Environment, Climate Change, Other Energy, Utilities, Alternative Energy, Sustainability, Energy, Agriculture, Natural Resources, Verizon Communications, Farmer, School, Climate, LRE, Renewable energy

Leeward Renewable Energy (LRE) today announced that it completed construction and commenced operation of its 200-megawatt (MW) Horizon Solar Project.

Key Points: 
  • Leeward Renewable Energy (LRE) today announced that it completed construction and commenced operation of its 200-megawatt (MW) Horizon Solar Project.
  • Located near Pearsall in Frio County, Texas, the project will provide Verizon Communications Inc. (“Verizon”) renewable energy under a previously announced Renewable Energy Purchase Agreement (REPA).
  • Throughout the operational lifespan of Horizon Solar, greenhouse gas emissions avoided are estimated to be equivalent to powering 1.2 million Texan households.
  • “LRE is pleased to have completed another successful project that will provide our longstanding customer, Verizon, with renewable energy,” said Omar Aboudaher, LRE's Sr. Vice President, Development.

United States Utility Bill Management System Markets, Competition, Forecast & Opportunities, 2018-2023 and 2028: Increasing Emphasis on Energy Efficiency, Increasing Focus on Sustainability and CSR - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 3, 2024
Green Technology, IOT (Internet of Things), Environment, Artificial Intelligence, Sustainability, Software, Environmental Issues, Building Systems, Environmental Health, Professional Services, Data Management, Technology, Other Energy, Construction & Property, Utilities, Personal Finance, Alternative Energy, Energy, Climate Change, Climate change, Organization, Growth, Internet of things, Carbon, CSR, USD, The, Renewable energy

The United States Utility Bill Management System Market is experiencing substantial growth, driven by a confluence of factors reshaping the energy landscape.

Key Points: 
  • The United States Utility Bill Management System Market is experiencing substantial growth, driven by a confluence of factors reshaping the energy landscape.
  • Increasing awareness of energy conservation and sustainability has prompted businesses and consumers alike to seek efficient utility bill management solutions.
  • The United States Utility Bill Management System Market is witnessing a surge in growth driven by an escalating emphasis on energy efficiency across industries.
  • The United States Utility Bill Management System Market is benefiting from a supportive regulatory landscape that places a strong emphasis on energy efficiency and sustainability.

Moody’s Upgrades Constellation’s Credit Rating as Policy Support and Growing Demand for Clean Energy Fuel Strong Financial Performance

Retrieved on: 
Wednesday, April 3, 2024
Other Energy, Utilities, Environment, Finance, Alternative Energy, Energy, Professional Services, Nuclear, Constellation, Electricity, Microsoft, Longevity, S&P Global Ratings, Climate, Transport, Wind, S&P, Exelon, Organic, Inflation, Commonwealth Edison, Renewable energy

Moody’s raised Constellation’s rating to Baa1 from Baa2 and assigned a stable outlook, which reflects confidence in the company’s ability to maintain its credit metrics and financial performance going forward.

Key Points: 
  • Moody’s raised Constellation’s rating to Baa1 from Baa2 and assigned a stable outlook, which reflects confidence in the company’s ability to maintain its credit metrics and financial performance going forward.
  • The largest producer of carbon-free energy in the U.S., Constellation has exceeded financial expectations since launching as an independent company two years ago.
  • As a result, major technology companies and other industries are looking to Constellation to help power their operations with clean energy.
  • The company’s financial performance also has enabled it to increase its support for the communities it serves.

NRG Energy, Inc. Announces Repurchases with Holders of 2.75% Convertible Senior Notes due 2048

Retrieved on: 
Wednesday, April 3, 2024
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, NRG Energy, Sale

NRG Energy, Inc. (NYSE:NRG) announced today that it has entered into separate, privately negotiated transactions with certain holders of its existing 2.75% convertible senior notes due 2048 (the “Convertible Notes”) to repurchase approximately $251 million aggregate principal amount of the Convertible Notes.

Key Points: 
  • NRG Energy, Inc. (NYSE:NRG) announced today that it has entered into separate, privately negotiated transactions with certain holders of its existing 2.75% convertible senior notes due 2048 (the “Convertible Notes”) to repurchase approximately $251 million aggregate principal amount of the Convertible Notes.
  • The Convertible Notes repurchases are expected to close over a period ending on or about April 18, 2024, subject to customary closing conditions.
  • Following the closing of the repurchases, and after giving effect to approximately $92 million aggregate principal amount of Convertible Notes that the Company had previously repurchased, approximately $232 million aggregate principal amount of Convertible Notes will remain outstanding.
  • This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction.

Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform

Retrieved on: 
Wednesday, April 3, 2024
Hardware, Alternative Energy, Data Management, Green Technology, Energy, Manufacturing, Technology, Professional Services, Batteries, Environment, Other Manufacturing, Software, Other Energy, Data Analytics, Utilities, Engineering, EV, Temperature, PacifiCorp, Growth, Customer experience, Virtual power plant, Zions Bancorporation, Energy management, Energy storage, ICONIQ, Digital native, CPU, Renewable energy

Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.

Key Points: 
  • Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.
  • This progress marks a major step towards a future where renewable energy storage and management is accessible for all."
  • Energy Management: Torus provides an advanced energy storage and management system designed, engineered, and manufactured in Utah.
  • Torus is a Utah-based energy solutions company, focused on making renewable energy storage and management more efficient, affordable, and sustainable.

H2O Innovation Awarded Eight New Water Treatment Projects, Including its Largest One to Date for the Los Angeles Sanitation and Environment

Retrieved on: 
Wednesday, April 3, 2024
Environment, Engineering, Utilities, Manufacturing, Sustainability, Green Technology, Energy, Other Natural Resources, Natural Resources, Ultrafiltration, Yellowstone River, UF, Demographics of Los Angeles, Corporation, City, Water, WTS, Seawater, MBR, Multimedia, Drinking water, Sewage treatment

H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies and Services (WTS) business line obtained eight new water treatment contracts over the past few months.

Key Points: 
  • H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is pleased to announce that its Water Technologies and Services (WTS) business line obtained eight new water treatment contracts over the past few months.
  • View the full release here: https://www.businesswire.com/news/home/20240403411653/en/
    The most significant of these new contracts is for the largest water reuse project in H2O Innovation’s history: Donald C. Tillman Advanced Water Purification Facility (AWPF).
  • This treatment system will apply ultrafiltration (UF) and reverse osmosis (RO) to provide reuse water for the City of Los Angeles, California.
  • A second major contract was executed with the City of Billings for their drinking water treatment plant in Montana.

SRC Digital Insurance Services Spearheads Crowdfunding Campaign to Digitally Connect Renewable Energy Stakeholders with Capital and Financial Markets

Retrieved on: 
Wednesday, April 3, 2024
Metaverse, Banking, Professional Services, Utilities, Fintech, Sustainability, Alternative Energy, Energy, Technology, Environment, Insurance, Finance, SRC, Partnership, Financial management, Cryptocurrency

SRC Digital Insurance Services has kicked off the crowdfunding campaign for Blu Opportunity with K. Dixon Wright as its lead investor.

Key Points: 
  • SRC Digital Insurance Services has kicked off the crowdfunding campaign for Blu Opportunity with K. Dixon Wright as its lead investor.
  • Crowdfunding is transforming the renewable energy sector as entrepreneurs can now access startup capital to create next generation products and services that operate in digital ecosystems, the Metaverse.
  • "With the urgent need to connect renewable energy initiatives with the capital and financial markets more efficiently, our partnerships are more than strategic collaborations; they are a leap towards redefining the financial landscape of the renewable energy sector," said K. Dixon Wright, President of SRC Digital Insurance Services.
  • "By joining forces with SRC Digital Insurance Services we are setting the stage for a future where digital solutions pave the way for significant advancements in renewable energy financing."