FPP

AM Best Affirms Credit Ratings of Lincoln National Corporation and Its Subsidiaries

Retrieved on: 
Friday, December 8, 2023
Professional Services, Data Analytics, Other Professional Services, Insurance, Finance, Consulting, First, LNC, ERM, Counties of South Sudan, Credit, Long-Term Capital Management, Lincoln National Corporation, LIBOR, AM Best, GAAP, Good, News, FSR, ALL, RBC, FPP, Security (finance), Risk management, Fused quartz, Self storage, Lincoln, Syracuse

These companies are the key life and annuity insurance subsidiaries of Lincoln National Corporation (LNC) (headquartered in Radnor, PA) and are referred to collectively as Lincoln Financial Insurance Group (Lincoln).

Key Points: 
  • These companies are the key life and annuity insurance subsidiaries of Lincoln National Corporation (LNC) (headquartered in Radnor, PA) and are referred to collectively as Lincoln Financial Insurance Group (Lincoln).
  • In addition, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of LNC, the ultimate holding company.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

General Atomics-led Team Awarded $7.4 Million to Develop Transformational Fusion Data Platform

Retrieved on: 
Friday, September 1, 2023
U.S. Department of Energy, Office of Inspector General, University of California, San Diego, San Diego Supercomputer Center, Metadata, Hewlett Packard Labs, Field line, University, U.S. Department of Defense Strategy for Operating in Cyberspace, Education, HPE, Principal investigator, General Atomics, UCSD, Research, Temperature, GA, SDSC, DOE, FPP, Plasma, Student, Hewlett Packard Enterprise, FDP, UC, Shoot, Machine learning, Artificial intelligence, Education minister, AI, Fusion Pilot Plant, 3D printing, Medical device

San Diego, CA, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The U.S. Department of Energy (DOE) has selected a multi-institutional team of data scientists led by General Atomics (GA) to develop a Fusion Data Platform (FDP) for advancing high-priority fusion research.

Key Points: 
  • San Diego, CA, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The U.S. Department of Energy (DOE) has selected a multi-institutional team of data scientists led by General Atomics (GA) to develop a Fusion Data Platform (FDP) for advancing high-priority fusion research.
  • The FDP will provide researchers with access to high-quality fusion data for the creation of reproducible Artificial Intelligence (AI) and Machine Learning (ML) models.
  • “Creating a robust AI/ML platform with very large, curated datasets and efficient processing tools will be transformational for fusion energy,” said Brian Sammuli, Deputy Director of the Advanced Computing Center of Excellence at General Atomics and Principal Investigator.
  • “By advancing AI/ML research in fusion, we will be able to rapidly address some key remaining challenges in fusion science and reactor development.

Xcimer Energy Announces $9 Million US Department of Energy Award to Develop Laser-Driven Inertial Fusion Energy

Retrieved on: 
Wednesday, May 31, 2023
Defense, Environment, Sustainability, Alternative Energy, Energy, Environmental Health, Contracts, Ignition, Breakthrough Energy, Partnership, University, U.S. Department of Defense Strategy for Operating in Cyberspace, National Ignition Facility, Fusion, Electricity, Lawrence Livermore National Laboratory, General Atomics, Los Alamos National Laboratory, Green Energy Act, 2009, DOE, United States Naval Research Laboratory, Primary energy, FPP, Savannah River National Laboratory, Capsule, Climate change, Investment, Risk, Engineering, Oak Ridge National Laboratory, Westinghouse Electric Company, Fusion Pilot Plant, U.S. Department of Energy, Office of Inspector General, D, Television, Lithium, 3D printing, Renewable energy

The U.S. Department of Energy (DOE) announced today that Xcimer Energy was selected for a $9 million award from the Milestone-Based Fusion Development Program, a groundbreaking and innovative public-private partnership initiative.

Key Points: 
  • The U.S. Department of Energy (DOE) announced today that Xcimer Energy was selected for a $9 million award from the Milestone-Based Fusion Development Program, a groundbreaking and innovative public-private partnership initiative.
  • Xcimer’s award further establishes Xcimer as a leading company in the race to achieve the first commercial fusion power plant in the United States.
  • The Xcimer team will leverage this accomplishment and the significant progress made by the laser fusion community to advance IFE.
  • “Prelude decided to make our first fusion investment in Xcimer because we believe Xcimer has the technology, team and plan to make inertial fusion energy a commercial reality on a relevant timescale.

DOE Award to Zap Energy for Fusion Pilot Plant Design

Retrieved on: 
Wednesday, May 31, 2023
Other Energy, Alternative Energy, Energy, Research, Nuclear, Science, Zap, FPP, Fusion, Zap Energy, Multimedia, Green Energy Act, 2009, DOE, Primary energy, Lithium, Renewable energy

Zap Energy was selected by the Department of Energy (DOE) today for support of the conceptual design of a fusion pilot plant (FPP) through the DOE’s Milestone-Based Fusion Development Program.

Key Points: 
  • Zap Energy was selected by the Department of Energy (DOE) today for support of the conceptual design of a fusion pilot plant (FPP) through the DOE’s Milestone-Based Fusion Development Program.
  • View the full release here: https://www.businesswire.com/news/home/20230531005067/en/
    Zap Energy is developing a fusion pilot plant using the company’s sheared-flow-stabilized Z pinch plasma core.
  • (Photo: Business Wire)
    The award of $5 million in federal funding will contribute to the development of a pilot plant using Zap’s sheared-flow-stabilized Z-pinch fusion technology.
  • The Milestone-Based Fusion Development Program aims to help for-profit entities achieve technical and commercial milestones in creating a successful design of a fusion pilot plant.

Congressional Fusion Caucus Chair Rep. Donald S. Beyer Jr. Visits General Atomics

Retrieved on: 
Monday, May 8, 2023
Magnet, Ignition, Workforce, U.S. Department of Energy, Office of Inspector General, Grierson, DIII-D, Johal, Maintenance, Science, Senior, ICF, ITER, U.S. Department of Defense Strategy for Operating in Cyberspace, WEC Energy Group, Business, General Atomics, Lawrence Livermore National Laboratory, CS, Research, Temperature, GA, Burn, FPP, Congress, Plasma, Student, Office of Science, Laboratory, Fusion rocket, Oak Ridge National Laboratory, STEM, Inertial confinement fusion, Helium, DIII, Mathematics, Electric Blue (TV series), National Ignition Facility, Lithium, Management, Risk management, Engineering

San Diego, CA, May 08, 2023 (GLOBE NEWSWIRE) -- Last week, Representative Donald S. Beyer Jr. (VA), Chair of the Congressional Fusion Caucus, visited General Atomics (GA) to tour the DIII-D National Fusion Facility and GA’s inertial fusion fabrication facilities.

Key Points: 
  • San Diego, CA, May 08, 2023 (GLOBE NEWSWIRE) -- Last week, Representative Donald S. Beyer Jr. (VA), Chair of the Congressional Fusion Caucus, visited General Atomics (GA) to tour the DIII-D National Fusion Facility and GA’s inertial fusion fabrication facilities.
  • Staff members from the offices of Representatives Beyer, Darrell Issa (R-CA), and Suzanne Bonamici (D-OR) also joined the visit.
  • DIII-D’s mission is to pioneer the science and innovative technologies that will enable the development of fusion as a clean energy source.
  • The visit continued with discussions focused on GA’s Fusion Pilot Plant (FPP) concept and the need to develop a robust fusion workforce.

Capstone Green Energy Announces Third Quarter Fiscal 2023 Financial Results

Retrieved on: 
Monday, February 13, 2023
Technology, Batteries, Other Energy, Utilities, Green Technology, Oil, Gas, Software, Alternative Energy, Environment, Energy, Sustainability, Inflation, DSO, Forgiveness, EBITDA, Webcast, Paycheck Protection Program, Adjustment, EV, Capstone Green Energy, IRA, Cloud computing, Net, Inflation Reduction Act of 2022, FPP, Cryptocurrency, Renewable energy, Renting, Reinsurance

Capstone Green Energy Corporation (NASDAQ: CGRN), announced its financial results for the third quarter ended December 31, 2022, as the Company continues to execute on its Energy-as-a-Service (EaaS) business plan.

Key Points: 
  • Capstone Green Energy Corporation (NASDAQ: CGRN), announced its financial results for the third quarter ended December 31, 2022, as the Company continues to execute on its Energy-as-a-Service (EaaS) business plan.
  • Third Quarter and Nine Months Fiscal 2023 Highlights:
    Revenues for the third quarter ending December 31, 2022, were $19.6 million, down 6% from $20.8 million in revenue during the second quarter ended September 30, 2022, and down 5% from $20.6 million in the year-ago third quarter.
  • Revenues for the first nine months of fiscal 2023 totaled $59.0 million, up 9.5% from $53.9 million from the nine months of fiscal 2022.
  • Capstone Green Energy will host a conference call today beginning at 1:45 p.m PT/4:45 p.m.ET to discuss the results for its third quarter fiscal year 2023 ended December 31, 2022 as well as key business highlights.

Capstone Green Energy Received Follow-on EaaS Rental Order for 30 C65 Microturbines From a Major Oil & Gas Producer

Retrieved on: 
Thursday, January 19, 2023
Environment, Oil, Gas, Sustainability, Alternative Energy, Green Technology, Energy, Transfer, Weather, Cloud computing, Capstone, Capstone Green Energy, FPP, Lease automatic custody transfer unit, Maintenance, Rocky Mountains, C65, San Juan Basin, Life, Renewable energy, Western Canada

The EaaS contract from this midstream oil and gas company adds to the customer’s current owned fleet of 45 microturbines in operation, the first of which were commissioned in 2015.

Key Points: 
  • The EaaS contract from this midstream oil and gas company adds to the customer’s current owned fleet of 45 microturbines in operation, the first of which were commissioned in 2015.
  • “Our midstream oil and gas customer knows the dependability of Capstone Green Energy microturbines,” said Sam Henry, President of Horizon Power Systems.
  • “The combination of microturbines’ reliability and low operating costs make them ideal for a long-term rental and Factory Protection Plan.
  • Add to that the Capstone’s flexible own or Energy as a Service options, and they become an ideal solution to modern energy challenges.”

Capstone Green Energy Secures Order for a 600kW Energy System From a Leading Slovenian Dairy Producer, Pomurske Mlekarne

Retrieved on: 
Wednesday, December 21, 2022
Other Energy, Utilities, Manufacturing, Oil, Gas, Coal, Nuclear, Alternative Energy, Energy, Environment, Sustainability, Agriculture, Natural Resources, Other Manufacturing, Climate Change, Coal, Dairy, Heat, Steam, CHP, Electricity, FPP, Murska Sobota, COVID-19, Capstone, Carbon, Capstone Green Energy, Renewable energy, Laibach

The 600kW system is expected to be commissioned in Spring 2023 at its Murska Sobota facility.

Key Points: 
  • The 600kW system is expected to be commissioned in Spring 2023 at its Murska Sobota facility.
  • With forward-thinking partners like Laibach and Pomurske Mlekarne, food production can be more energy efficient and help move countries and sectors closer to their carbon emissions targets," said Darren Jamison, Chief Executive Officer of Capstone Green Energy.
  • The project marks the first microturbine order from Pomurske Mlekarne and demonstrates the confidence that the customer has in Capstone’s product reliability and high availability.
  • The Capstone FPP provides customers’ needs to ensure the smooth operation of its system at a fixed cost over several years.

Capstone Green Energy to Participate in Renmark Financial Virtual Non-Deal Roadshow Series on December 14

Retrieved on: 
Monday, December 12, 2022
Environment, Technology, Environmental Issues, Other Energy, Alternative Energy, Software, Green Technology, Energy, Hardware, Hydrogen, EGT, ESS, Sustainable products, FPP, Ball State Center for Energy Research/Education/Service, Capstone Green Energy, Google Chrome, Tele-Communications Inc., Cloud computing, Renmark, Carbon, Renewable energy, Capstone

Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its latest investor presentation on Wednesday, December 14 at 2:00 pm ET.

Key Points: 
  • Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its latest investor presentation on Wednesday, December 14 at 2:00 pm ET.
  • Capstone Green Energy (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals.
  • Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.
  • Renmark empowers its publicly traded clientele to maximize their visibility within the financial community and strengthen their investor audience.

Capstone Green Energy to Participate in Water Tower Fireside Chat Series

Retrieved on: 
Friday, December 9, 2022
Other Energy, Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Hydrogen, EGT, State, Wall Street, Webcast, ESS, Sustainable products, FPP, Research, Ball State Center for Energy Research/Education/Service, Communication, United States national laboratories, Capstone Green Energy, Cloud computing, Interest, Carbon, Renewable energy, Capstone

Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, today announced Don Ayers, Vice President of Technology, will be participating in the Water Tower Research Fireside Chat Series on Tuesday, December 13, 2022, at 2:00 PM ET.

Key Points: 
  • Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, today announced Don Ayers, Vice President of Technology, will be participating in the Water Tower Research Fireside Chat Series on Tuesday, December 13, 2022, at 2:00 PM ET.
  • Capstone Green Energy (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals.
  • Through Hydrogen & Sustainable Products (H2S), Capstone Green Energy offers customers a variety of hydrogen products, including the Company's microturbine energy systems.
  • Follow Capstone Green Energy on Twitter , LinkedIn , Instagram , Facebook , and YouTube .