Energi

LEXI Announces Transactions to Create New Credit Facility, Complete Private Placement, Contract for New Technology, and Settle Certain Debts and Claims

Retrieved on: 
Wednesday, February 1, 2023

Noted Steven Howard, LEXI's CEO, "Closing these Transactions opens a bright, new future for LEXI.

Key Points: 
  • Noted Steven Howard, LEXI's CEO, "Closing these Transactions opens a bright, new future for LEXI.
  • These Transactions both clear the slate and breath a new momentum into LEXI and the valuation of its assets.
  • Arena and LEXI have entered into a settlement agreement (the "Settlement Agreement") pursuant to which the parties have agreed to settle all amounts owing to Arena by LEXI ("Arena Debt Settlement").
  • The Company intends to seek the requisite shareholder approvals for the Transactions at an upcoming shareholders meeting in March 2023.

Falbygdens Energi Nät and Plexigrid cut the waiting time to connect to the grid

Retrieved on: 
Tuesday, December 20, 2022

Digital solutions make it easier and faster to connect to the grid, using customers' own flexibility and batteries.

Key Points: 
  • Digital solutions make it easier and faster to connect to the grid, using customers' own flexibility and batteries.
  • By using data from smart electricity meters, which are already available at all customers' premises, Falbygdens Energi Nät will gain better knowledge of the situation in the electricity grid.
  • In dialogue with customers, they can find new opportunities to connect to the grid earlier than they would otherwise be able to.
  • The challenge that Falbygdens Energi Nät faces today is that requests for grid connection take a long time to process, due to constraints of other grid owners that are beyond control of Falbygdens Energi Nät.

Major investments on the Norwegian shelf: Aker BP submits record number of field development plans

Retrieved on: 
Friday, December 16, 2022

Total recoverable resources in these development projects amount to 730 million net barrels of oil equivalent for Aker BP.

Key Points: 
  • Total recoverable resources in these development projects amount to 730 million net barrels of oil equivalent for Aker BP.
  • Aker BP's CO2 emissions per barrel are among the lowest in the entire oil and gas industry.
  • In connection with the PDO submissions, Aker BP has awarded a number of contracts to alliance partners and other strategic suppliers.
  • Aker BP will take over as operator, and will hence be operator for the entire area in both the development and operations phases.

Aim to become world-class geothermal electricity producer: Pertamina

Retrieved on: 
Thursday, November 10, 2022

JAKARTA, Nov 10, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.

Key Points: 
  • JAKARTA, Nov 10, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.
  • PT Pertamina Geothermal Energi (PGE) develops geothermal energy in Ulubelu Area in Tanggamus, Lampung.
  • Therefore, Pertamina sees a great opportunity to further increase the capacity of geothermal utilization in the country to generate green electricity, he added.
  • Moreover, Pertamina will increase its geothermal capacity, which was recorded at 672 megawatts (MW) in 2020, to 1,128 MW by 2026.

Saga Pure: Contemplating establishment and subsequent listing of new investment company

Retrieved on: 
Wednesday, November 9, 2022

The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.

Key Points: 
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company.
  • To capitalize on these opportunities, the Board of Directors has proposed to establish a new investment company with a broader investment mandate," says Bjrn Simonsen, Chief Executive Officer of Saga Pure.
  • Saga Pure ASA is an investment company focusing on opportunities within renewable energy, hydrogen, circular economy and CO2-reduction.

Saga Pure: Contemplating establishment and subsequent listing of new investment company

Retrieved on: 
Wednesday, November 9, 2022

The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.

Key Points: 
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company.
  • To capitalize on these opportunities, the Board of Directors has proposed to establish a new investment company with a broader investment mandate," says Bjrn Simonsen, Chief Executive Officer of Saga Pure.
  • Saga Pure ASA is an investment company focusing on opportunities within renewable energy, hydrogen, circular economy and CO2-reduction.

Long list achievement of PLN enabling energy transition in Indonesia

Retrieved on: 
Wednesday, November 2, 2022

PLN prepared to lead energy transition in Indonesia by presenting roadmap towards Net Zero Emission 2060.

Key Points: 
  • PLN prepared to lead energy transition in Indonesia by presenting roadmap towards Net Zero Emission 2060.
  • In addition to early retirement, PLN has decreased the capacity of CFPP at Corporate plan (RUPTL) from 27 GW to 13.9 GW.
  • "Us, in PLN committed to support government's program to actualized clean energy.
  • Since 2021, PLN has delivered ~1.5 TWh of green energy to +230 stakeholders such as SOEs, Government, Business, and Industry players.

EtaPRO©Asset Performance & Condition Monitoring Software Implemented at the Pathua Geothermal Power Plant to Protect Their Most Critical Equipment

Retrieved on: 
Thursday, October 13, 2022

*2 EtaPRO uses IoT and AI technologies, including predictive failure diagnosis and performance monitoring, to optimize GDEs plant performance.

Key Points: 
  • *2 EtaPRO uses IoT and AI technologies, including predictive failure diagnosis and performance monitoring, to optimize GDEs plant performance.
  • EtaPROs asset performance and condition monitoring software has revolutionized the power generation industry by detecting small changes in equipment performance and vibrationearly warning signs of larger problems.
  • *5 Toshiba Energy Systems & Solutions Corporation, (Toshiba ESS), has delivered equipment to several geothermal power plants in Indonesia.
  • *1: A group of geothermal power plants operated and managed by GDE, Indonesias state-owned geothermal power company.

Sweden: Data Centre Market Landscape Report 2022-2026: High Performance Computing (HPC) Growth is Driving the Market with New Inward Investments - ResearchAndMarkets.com

Retrieved on: 
Monday, October 10, 2022

The "Sweden: Data Centre Landscape 2022 to 2026 " report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Sweden: Data Centre Landscape 2022 to 2026 " report has been added to ResearchAndMarkets.com's offering.
  • There are just under seventy third-party Data Centre Facilities in the Swedish market.
  • The Swedish Data Centre market continues to see High Performance Computing growth which is driving the Swedish market with new inward investment.
  • In November 2019, Icelandic IT services provider and Data Centre Provider Advania Data Centres announced that it intended to open its first Swedish Data Centre in partnership with Stockholm Data Centre Park.

SATO’s RAIN RFID System Generates 50 Percent Time Savings and Traceability for PT. Sigma Cipta Utama

Retrieved on: 
Tuesday, October 4, 2022

SATO Label Solutions (hereafter, SATO), together with local partner CV Dharmatech Indonesia, provided a RAIN RFID(1) tracking system for PT.

Key Points: 
  • SATO Label Solutions (hereafter, SATO), together with local partner CV Dharmatech Indonesia, provided a RAIN RFID(1) tracking system for PT.
  • Sigma Cipta Utama (hereafter, SCU) to streamline stocktaking and locating of documents stored in its warehouse.
  • SATOs RFID tags are encoded and applied to each asset for full visibility of all assets safe-kept throughout its warehouse.
  • Sigma Cipta Utama connect every thing in their warehouse to connect it to the world, said Hirotaka Wada, President and Director of PT.