Mainstream

Mainstream Renewable Power and Ocean Winds partner on second Scotwind floating offshore wind site

Retrieved on: 
Thursday, August 17, 2023

LYSAKER, Norway, Aug. 17, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm ("Arven") to 2.3 GW.

Key Points: 
  • LYSAKER, Norway, Aug. 17, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm ("Arven") to 2.3 GW.
  • The companies are currently developing a 1.2 GW floating offshore wind farm in South Korea and are in a consortium for the upcoming Utsira Nord floating offshore wind tender in Norway.
  • Adam Morrison, UK Country Manager for Ocean Winds, said:
    "The collaboration between Ocean Winds and Mainstream Renewable Power marks a significant milestone, combining our expertise and resources to develop our largest floating offshore wind farm to date.
  • This remains a core offshore wind market for Mainstream and we look forward, together with Ocean Winds, to continuing our engagements with Crown Estate Scotland and other key stakeholders."

Mainstream Renewable Power and Ocean Winds partner on second Scotwind floating offshore wind site

Retrieved on: 
Thursday, August 17, 2023

LYSAKER, Norway, Aug. 17, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm ("Arven") to 2.3 GW.

Key Points: 
  • LYSAKER, Norway, Aug. 17, 2023 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm ("Arven") to 2.3 GW.
  • The companies are currently developing a 1.2 GW floating offshore wind farm in South Korea and are in a consortium for the upcoming Utsira Nord floating offshore wind tender in Norway.
  • Adam Morrison, UK Country Manager for Ocean Winds, said:
    "The collaboration between Ocean Winds and Mainstream Renewable Power marks a significant milestone, combining our expertise and resources to develop our largest floating offshore wind farm to date.
  • This remains a core offshore wind market for Mainstream and we look forward, together with Ocean Winds, to continuing our engagements with Crown Estate Scotland and other key stakeholders."

Mainstream: Judicial reorganization proceedings initiated for two companies in Chile

Retrieved on: 
Thursday, July 20, 2023

LYSAKER, Norway, July 20, 2023 /PRNewswire/ -- As a next step in its ongoing restructuring process in Chile, Mainstream Renewable Power ("Mainstream"), the renewable energy company majority-owned by Aker Horizons ASA, today initiated judicial reorganization for two of its companies in Chile; Huemul Energía SpA and Condor Energía SpA.

Key Points: 
  • LYSAKER, Norway, July 20, 2023 /PRNewswire/ -- As a next step in its ongoing restructuring process in Chile, Mainstream Renewable Power ("Mainstream"), the renewable energy company majority-owned by Aker Horizons ASA, today initiated judicial reorganization for two of its companies in Chile; Huemul Energía SpA and Condor Energía SpA.
  • Please see press release from Mainstream for more information, attached.
  • The proceedings now underway in Chile will not impact the development plans of Mainstream's offshore wind, onshore wind, and solar projects in other regions.
  • Marianne Stigset, Communications, Tel: +47 41 18 84 82, [email protected]
    Christian Yggeseth, Investor Relations, Tel: +47 91 51 00 00, [email protected]
    Stian Andreassen, Investor Relations, Tel: +47 41 64 31 07, [email protected]

Mainstream: Judicial reorganization proceedings initiated for two companies in Chile

Retrieved on: 
Thursday, July 20, 2023

LYSAKER, Norway, July 20, 2023 /PRNewswire/ -- As a next step in its ongoing restructuring process in Chile, Mainstream Renewable Power ("Mainstream"), the renewable energy company majority-owned by Aker Horizons ASA, today initiated judicial reorganization for two of its companies in Chile; Huemul Energía SpA and Condor Energía SpA.

Key Points: 
  • LYSAKER, Norway, July 20, 2023 /PRNewswire/ -- As a next step in its ongoing restructuring process in Chile, Mainstream Renewable Power ("Mainstream"), the renewable energy company majority-owned by Aker Horizons ASA, today initiated judicial reorganization for two of its companies in Chile; Huemul Energía SpA and Condor Energía SpA.
  • Please see press release from Mainstream for more information, attached.
  • The proceedings now underway in Chile will not impact the development plans of Mainstream's offshore wind, onshore wind, and solar projects in other regions.
  • Marianne Stigset, Communications, Tel: +47 41 18 84 82, [email protected]
    Christian Yggeseth, Investor Relations, Tel: +47 91 51 00 00, [email protected]
    Stian Andreassen, Investor Relations, Tel: +47 41 64 31 07, [email protected]

Aker Horizons ASA: Second-Quarter and Half-Year Results 2023

Retrieved on: 
Thursday, July 13, 2023

LYSAKER, Norway, July 13, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the second quarter and first half of 2023.

Key Points: 
  • LYSAKER, Norway, July 13, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the second quarter and first half of 2023.
  • Aker Horizons' net asset value stood at NOK 11.1 billion as of 30 June 2023.
  • Aker Horizons' net asset value (NAV) stood at NOK 11.1 billion at the end of the second quarter.
  • Aker Horizons' gross asset value stood at NOK 17.3 billion at 30 June 2023.

Aker Horizons ASA: Second-Quarter and Half-Year Results 2023

Retrieved on: 
Thursday, July 13, 2023

LYSAKER, Norway, July 13, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the second quarter and first half of 2023.

Key Points: 
  • LYSAKER, Norway, July 13, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the second quarter and first half of 2023.
  • Aker Horizons' net asset value stood at NOK 11.1 billion as of 30 June 2023.
  • Aker Horizons' net asset value (NAV) stood at NOK 11.1 billion at the end of the second quarter.
  • Aker Horizons' gross asset value stood at NOK 17.3 billion at 30 June 2023.

Fibocom 5G Module FG360 Certified by Another US Major Carrier, in Acceleration to Deploy the FWA Broadband Solution Worldwide

Retrieved on: 
Wednesday, June 7, 2023

SHENZHEN, China, June 7, 2023 /PRNewswire/ -- Fibocom Wireless Inc., a global leading provider of IoT (Internet of Things) wireless solutions and wireless communication modules, announces that the FG360 5G module has successfully received certification from another major US carrier. The module is now qualified to provide wireless connection services under the US nationwide 5G network, and is capable of offering stable, seamless broadband connectivity to massive-data scenarios like FWA (Fixed Wireless Access), IIoT (Industrial IoT), intelligent robotics and telemedicine in the North American market.

Key Points: 
  • Fibocom announces that its MediaTek-based 5G module FG360 has received certification from another major US carrier in June 2023.
  • Based on the MediaTek T750 chipset, the module delivers an excellent 5G network experience to FWA applications, and enables wireless broadband connectivity in home, enterprise and manufacturing.
  • Fibocom FG360 module is featuring on high integrity and reliability, designed to provide excellent 5G performance with up to 4.67Gbps downlink and 1.25Gbps uplink speed.
  • At present, Fibocom's FG360 module has been globally certified by FCC/ CE/ PTCRB and major US carriers, and the commercial samples of FG360 are ready for mass production.

Kioxia Introduces New BG6 Series Client SSDs, Brings PCIe® 4.0 Performance and Affordability to the Mainstream

Retrieved on: 
Tuesday, May 23, 2023

Designed to unleash the increased speeds and affordability of PCIe® 4.0 for PC users, the powerful and compact KIOXIA BG6 Series client SSDs offer a discrete M.2 2230 form factor with higher capacities and improved power efficiency.

Key Points: 
  • Designed to unleash the increased speeds and affordability of PCIe® 4.0 for PC users, the powerful and compact KIOXIA BG6 Series client SSDs offer a discrete M.2 2230 form factor with higher capacities and improved power efficiency.
  • The KIOXIA BG6 Series will start sampling in the second half of 2023 for OEM customer evaluation.
  • View the full release here: https://www.businesswire.com/news/home/20230522005757/en/
    KIOXIA BG6 Series Client SSDs Bring PCIe® 4.0 Performance and Affordability to the Mainstream (Photo: Business Wire)
    The KIOXIA BG6 Series unlocks back-end flash performance while maintaining affordability and increasing capacity, making it an especially attractive option for commercial and consumer notebooks and desktops.
  • The KIOXIA BG6 drives support the fully matured Host Memory Buffer (HMB) technology, which utilizes part of the host memory (DRAM) as if it were its own, to realize a DRAM-less, high-performance SSD.

Aker Horizons ASA: First-Quarter Results 2023

Retrieved on: 
Wednesday, May 3, 2023

FORNEBU, Norway, May 3, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the first quarter 2023.

Key Points: 
  • FORNEBU, Norway, May 3, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the first quarter 2023.
  • Aker Horizons' net asset value rose to NOK 15.8 billion in the first quarter, from NOK 15.1 billion at year-end 2022.
  • This translates into accelerated market activity for our portfolio, as reflected by LOIs signed by Aker Carbon Capture and Aker Horizons Asset Development with major European industrial customers in recent months.
  • Aker Horizons' CEO Kristian Røkke and CFO Nanna Tollefsen, and Mainstream's CEO Mary Quaney and Head of Business Development and Origination Ciaran O'Brien will present the main developments in the first quarter 2023 today at 08:30 CEST followed by a Q&A session.

Aker Horizons ASA: First-Quarter Results 2023

Retrieved on: 
Wednesday, May 3, 2023

FORNEBU, Norway, May 3, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the first quarter 2023.

Key Points: 
  • FORNEBU, Norway, May 3, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, today announced results for the first quarter 2023.
  • Aker Horizons' net asset value rose to NOK 15.8 billion in the first quarter, from NOK 15.1 billion at year-end 2022.
  • This translates into accelerated market activity for our portfolio, as reflected by LOIs signed by Aker Carbon Capture and Aker Horizons Asset Development with major European industrial customers in recent months.
  • Aker Horizons' CEO Kristian Røkke and CFO Nanna Tollefsen, and Mainstream's CEO Mary Quaney and Head of Business Development and Origination Ciaran O'Brien will present the main developments in the first quarter 2023 today at 08:30 CEST followed by a Q&A session.