Electricity generation

MISTRAS Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 6, 2024

PRINCETON JUNCTION, N.J., March 06, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE), a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its fourth quarter and year ended December 31, 2023.

Key Points: 
  • “I am pleased to report strong top and bottom-line growth in the fourth quarter of 2023.
  • Despite headwinds faced earlier in the year, we saw positive momentum in the second half of 2023 and our fourth quarter results are a tangible example of the momentum we have built heading into 2024.
  • For the fourth quarter of 2023, consolidated revenue was $182.1 million, an increase of 8.2% from the fourth quarter of 2022.
  • Fourth quarter 2023 gross profit increased 5.3%, although gross profit margin was down compared to the year ago period.

Donaldson Reports Record Second Quarter Fiscal Year 2024 Sales and Earnings

Retrieved on: 
Wednesday, February 28, 2024

On-Road sales decreased 3.0% and Off-Road sales decreased 13.4% due to lower global equipment production and weakness in agriculture markets.

Key Points: 
  • On-Road sales decreased 3.0% and Off-Road sales decreased 13.4% due to lower global equipment production and weakness in agriculture markets.
  • Industrial Filtration Solutions (IFS) sales grew 6.0% as a result of robust dust collection and Power Generation sales.
  • Life Sciences segment (Life Sciences) sales increased 6.0% as Disk Drive sales rebounded from weak prior year market conditions.
  • Second quarter 2023 adjusted operating expenses as a percentage of sales, which exclude restructuring and other charges, were 19.3%.

Global Data Center Heat Recycling Market is projected to reach $ 5.84 billion growing at a CAGR of 18.6% through 2030

Retrieved on: 
Monday, February 26, 2024

As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.

Key Points: 
  • As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.
  • The data center heat recycling market is also making strides in industrial processes, agriculture, and electricity generation, showcasing the versatility of waste heat recovery technologies.
  • In North America, the data center heat recycling market is gaining momentum driven by a growing emphasis on sustainable practices and energy efficiency.
  • As the region continues to prioritize sustainability, the data center heat recycling market is poised for sustained growth, offering a model for global best practices.

Global Data Center Heat Recycling Market is projected to reach $ 5.84 billion growing at a CAGR of 18.6% through 2030

Retrieved on: 
Monday, February 26, 2024

As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.

Key Points: 
  • As sustainability concerns rise and energy efficiency gains importance, the data center heat recycling market is primed for significant growth.
  • The data center heat recycling market is also making strides in industrial processes, agriculture, and electricity generation, showcasing the versatility of waste heat recovery technologies.
  • In North America, the data center heat recycling market is gaining momentum driven by a growing emphasis on sustainable practices and energy efficiency.
  • As the region continues to prioritize sustainability, the data center heat recycling market is poised for sustained growth, offering a model for global best practices.

Global Solenoid Valves Strategic Industry Report 2024: Market to Reach $5.2 Billion by 2030 - Healthy Outlook for the World Chemical Industry Extends a Fillip to Solenoid Valves Demand - ResearchAndMarkets.com

Retrieved on: 
Friday, February 16, 2024

World Solenoid Valves Market by End-Use (2023 & 2030): Percentage Breakdown of Sales for Chemical & Petrochemical, Oil & Gas, Water & Wastewater, Power Generation, Food & Beverage, and Other End-Uses

Key Points: 
  • World Solenoid Valves Market by End-Use (2023 & 2030): Percentage Breakdown of Sales for Chemical & Petrochemical, Oil & Gas, Water & Wastewater, Power Generation, Food & Beverage, and Other End-Uses
    World Solenoid Valves Market - Geographic Regions Ranked by CAGR (Sales) for 2022-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
    Cornering a Large Percentage of New Refining Capacity Additions, Developing Regions & the USA Emerge as Lucrative Pockets of Growth for Solenoid Valves in the Oil Refining Sector
    Aira Euro Automation Pvt Ltd.
    Christian Burkert GmbH & Co. KG

DeNexus Expands Cyber Risk Management Solution to Manufacturing and Energy Transmission & Distribution Sectors

Retrieved on: 
Tuesday, January 30, 2024

BOSTON, Jan. 30, 2024 /PRNewswire/ -- DeNexus, a leader in cyber risk quantification and management for operational technology (OT) and industrial control systems (ICS), today announced the extension of its Cyber Risk Quantification and Management (CQRM) solution, DeRISK, to the Manufacturing and Electricity Transmission & Distribution (T&D) sectors, adding to DeRISK for critical infrastructures in the electricity Power Generation sector. This strategic expansion brings industry-specific cyber risk modeling to these new industries served by DeNexus enabling companies to proactively manage their cyber risk, prioritize risk mitigation projects, and make informed cybersecurity investment decisions.

Key Points: 
  • BOSTON, Jan. 30, 2024 /PRNewswire/ -- DeNexus , a leader in cyber risk quantification and management for operational technology (OT) and industrial control systems (ICS), today announced the extension of its Cyber Risk Quantification and Management (CQRM) solution, DeRISK, to the Manufacturing and Electricity Transmission & Distribution (T&D) sectors, adding to DeRISK for critical infrastructures in the electricity Power Generation sector.
  • This strategic expansion brings industry-specific cyber risk modeling to these new industries served by DeNexus enabling companies to proactively manage their cyber risk, prioritize risk mitigation projects, and make informed cybersecurity investment decisions.
  • DeRISK enables Manufacturing and T&D companies to proactively address cyber threats by providing evidence-based analysis for risk prioritization.
  • "Having a solution like DeRISK is critical for organizations dedicated to fortifying their cyber resilience and for prudent risk and capital management.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Tan Delta tees up new VP of Business Development in North America

Retrieved on: 
Thursday, January 11, 2024

SHEFFIELD, United Kingdom, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Tan Delta Systems, the global disruptor in real-time oil quality monitoring, announces the appointment of Nick LaBar as VP of Business Development for North America. Nick will cover the whole of the USA and Canada territories for Tan Delta, with a focus on all industry sectors including Marine; Mining; Power Generation; and Off-highway equipment.

Key Points: 
  • Tan Delta Systems, the global disruptor in real-time oil quality monitoring, announces the appointment of Nick LaBar as VP of Business Development for North America.
  • SHEFFIELD, United Kingdom, Jan. 11, 2024 /PRNewswire-PRWeb/ -- Tan Delta Systems, the global disruptor in real-time oil quality monitoring, announces the appointment of Nick LaBar as VP of Business Development for North America.
  • That's a pretty amazing offer and I was delighted to take up the opportunity to represent Tan Delta in North America.
  • For further information on Tan Delta, visit www.tandeltasystems.com or email [email protected]
    -1) Nick LaBar, VP Business Development for North America, Tan Delta Systems.

Global Tire Derived Fuel (TDF) Market Report 2024-2034: TDF's Path to a Low-Carbon Energy Source: Aligning with Sustainability Goals

Retrieved on: 
Saturday, January 6, 2024

DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "Tire Derived Fuel (TDF) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "Tire Derived Fuel (TDF) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
  • Overall world revenue for Tire Derived Fuel (TDF) Market, 2024 to 2034 in terms of value the market will surpass US$408.0 million in 2024, this work calculates.
  • Is there a greater need for product commercialisation to further scale the tire derived fuel (TDF) market?
  • Where is the tire derived fuel (TDF) market heading and how can you ensure you are at the forefront of the market?