NEL

Marchesi Frescobaldi releases 2023 vintage of Tenuta Ammiraglia ALÌE

Retrieved on: 
Tuesday, April 9, 2024

MAGLIANO, Italy, April 9, 2024 /PRNewswire-PRWeb/ -- 2023 marks a true milestone for Alìe: its 10th vintage. The first, released in 2014, was reason enough for celebration, but for the current release, Marchesi Frescobaldi is celebrating its rosé by dedicating to it a poetic piece: the Alìade.

Key Points: 
  • The rosé in question is the icon of Tenuta Ammiraglia, on Tuscany's Maremma coast, a blend of the international Syrah and the native Vermentino grape.
  • "Here on the Tenuta Ammiraglia, the vineyards design intriguing geometrical shapes across the hillslopes as they descend to the waters of the Tyrrhenian Sea.
  • Today, we regard with great pride the decision we made to produce these two rosés, Cru Aurea Gran Rosé and Alìe.
  • Marchesi Frescobaldi's nine wine estates are: Castello Pomino (Pomino), Castello Nipozzano (Nipozzano), Tenuta Perano (Gaiole in Chianti), Tenuta Castiglioni (Montespertoli), Tenuta CastelGiocondo (Montalcino), Tenuta Ammiraglia (Magliano in Toscana), Remole (Sieci), Tenuta Calimaia (Montepulciano), and Gorgona.

Abracon Announces Structure and Leadership Changes to Execute the Next Phase of Strategic Growth & Acquisition Integration

Retrieved on: 
Thursday, April 4, 2024

AUSTIN, Texas, April 4, 2024 /PRNewswire/ -- Abracon, a leading provider of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, announces structure and leadership changes to build upon and integrate acquisitions accelerating the next phase of growth.

Key Points: 
  • AUSTIN, Texas, April 4, 2024 /PRNewswire/ -- Abracon, a leading provider of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, announces structure and leadership changes to build upon and integrate acquisitions accelerating the next phase of growth.
  • Driving design and revenue growth with key customers and partnering with Abracon's distribution channel, Holt's purview extends to all Abracon-owned brands.
  • Richard Diaz has been named Chief Operating Officer, leading Abracon's global manufacturing facilities, customer service, quality, sourcing, and focuses on digitization and operational integration.
  • "This next phase for Abracon marks an important milestone in our growth journey," explains Tony Roybal, Abracon president and Chief Executive Officer.

Abracon Announces Structure and Leadership Changes to Execute the Next Phase of Strategic Growth & Acquisition Integration

Retrieved on: 
Thursday, April 4, 2024

AUSTIN, Texas, April 4, 2024 /PRNewswire/ -- Abracon, a leading provider of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, announces structure and leadership changes to build upon and integrate acquisitions accelerating the next phase of growth.

Key Points: 
  • AUSTIN, Texas, April 4, 2024 /PRNewswire/ -- Abracon, a leading provider of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, announces structure and leadership changes to build upon and integrate acquisitions accelerating the next phase of growth.
  • Driving design and revenue growth with key customers and partnering with Abracon's distribution channel, Holt's purview extends to all Abracon-owned brands.
  • Richard Diaz has been named Chief Operating Officer, leading Abracon's global manufacturing facilities, customer service, quality, sourcing, and focuses on digitization and operational integration.
  • "This next phase for Abracon marks an important milestone in our growth journey," explains Tony Roybal, Abracon president and Chief Executive Officer.

Nel ASA: Nel and partners receive about USD 90 million in funding from DoE

Retrieved on: 
Wednesday, March 13, 2024

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel, (OSE:NEL). Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects. Nel is the leading partner on one of the projects. About 10 % of the work under the R&D programs will be undertaken by Nel.

Key Points: 
  • Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects.
  • Nel is the leading partner on one of the projects.
  • About 10 % of the work under the R&D programs will be undertaken by Nel.
  • DoE has awarded funding to the following projects in which Nel is one of the partners:
    Low-Cost, Clean AEM Electrolysis through Transport Property Understanding, Manufacturing Scale-up, and Optimization of Electrodes and Their Interfaces (Nel in lead)
    Link to the press release from the Department of Energy: https://www.energy.gov/eere/fuelcells/bipartisan-infrastructure-law-clea... .

Nel ASA: Nel and partners receive about USD 90 million in funding from DoE

Retrieved on: 
Wednesday, March 13, 2024

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel, (OSE:NEL). Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects. Nel is the leading partner on one of the projects. About 10 % of the work under the R&D programs will be undertaken by Nel.

Key Points: 
  • Today, Nel and its partners received around 90 USD million from the Department of Energy (DoE) for seven research and development projects.
  • Nel is the leading partner on one of the projects.
  • About 10 % of the work under the R&D programs will be undertaken by Nel.
  • DoE has awarded funding to the following projects in which Nel is one of the partners:
    Low-Cost, Clean AEM Electrolysis through Transport Property Understanding, Manufacturing Scale-up, and Optimization of Electrodes and Their Interfaces (Nel in lead)
    Link to the press release from the Department of Energy: https://www.energy.gov/eere/fuelcells/bipartisan-infrastructure-law-clea... .

Nel ASA: Receives additional USD 75 million in support for Michigan facility

Retrieved on: 
Wednesday, March 13, 2024

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.

Key Points: 
  • OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.
  • On 13 March, the Department of Energy announced that they have granted Nel USD 50 million in direct investment support for the company's planned new US gigafactory and workforce development initiatives in the Detroit region.
  • In parallel, the state of Michigan awarded USD 25 million in direct investment support to lead the nation in the clean energy transition.
  • Nel has previously been awarded approximately USD 50 million from the state of Michigan in support of this electrolyser production facility (see the press release issued on 8 July 2023).

Nel ASA: Receives additional USD 75 million in support for Michigan facility

Retrieved on: 
Wednesday, March 13, 2024

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.

Key Points: 
  • OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.
  • On 13 March, the Department of Energy announced that they have granted Nel USD 50 million in direct investment support for the company's planned new US gigafactory and workforce development initiatives in the Detroit region.
  • In parallel, the state of Michigan awarded USD 25 million in direct investment support to lead the nation in the clean energy transition.
  • Nel has previously been awarded approximately USD 50 million from the state of Michigan in support of this electrolyser production facility (see the press release issued on 8 July 2023).

Green Hydrogen Market worth $30.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024

It tends to produce highly pure green hydrogen, as hydrogen ions do not diffuse easily into the electrolyte solution.

Key Points: 
  • It tends to produce highly pure green hydrogen, as hydrogen ions do not diffuse easily into the electrolyte solution.
  • The mobility end-use industry accounted for the largest market share in the global green hydrogen market during the forecast period in terms of value and volume.
  • Unlike green hydrogen, green ammonia can be stored in conventional tanks and utilized in both fuel cells and internal combustion engines.
  • There is significant competition in the green hydrogen market to develop new process technology, lower the manufacturing cost, expand, and increase the use of green hydrogen in the end-use industries.

Green Hydrogen Market worth $30.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024

It tends to produce highly pure green hydrogen, as hydrogen ions do not diffuse easily into the electrolyte solution.

Key Points: 
  • It tends to produce highly pure green hydrogen, as hydrogen ions do not diffuse easily into the electrolyte solution.
  • The mobility end-use industry accounted for the largest market share in the global green hydrogen market during the forecast period in terms of value and volume.
  • Unlike green hydrogen, green ammonia can be stored in conventional tanks and utilized in both fuel cells and internal combustion engines.
  • There is significant competition in the green hydrogen market to develop new process technology, lower the manufacturing cost, expand, and increase the use of green hydrogen in the end-use industries.

Nel ASA: Nel realigns relationship with Nikola and will support Fortescue on its 80 MW Phoenix Hydrogen Hub

Retrieved on: 
Friday, February 2, 2024

In 2018, Nel entered into a supply agreement with Nikola, followed by a firm purchase order for 85 MW of electrolyser equipment in 2020 that has been delivered.

Key Points: 
  • In 2018, Nel entered into a supply agreement with Nikola, followed by a firm purchase order for 85 MW of electrolyser equipment in 2020 that has been delivered.
  • At the same time, Fortescue's acquisition of Nikola's Phoenix Hydrogen Hub includes the installation of 80 MW of electrolyser equipment previously delivered by Nel to Nikola.
  • "Nel is thrilled to partner with yet another solid and committed company such as Fortescue to develop the Phoenix Hydrogen Hub project.
  • We look forward to installing the equipment and supporting Fortescue on this important project, which reached FID last year," says Volldal.