ORC

ENOGIA: 2023 half-year results

Retrieved on: 
Thursday, October 26, 2023

Start of an operational efficiency plan,

Key Points: 
  • Start of an operational efficiency plan,
    Marseille, 18 October 2023 – 6 p.m.
    ENOGIA (ISIN code: FR0014004974 – ticker: ALENO, an expert in micro-turbomachinery for the energy transition, is reporting its half-year results for the first half of 2023, approved by the Board of Directors on 18 October 2023, and providing an update on its recent strategic and financial milestones.
  • On the operational efficiency front, ENOGIA rolled out a plan built on three main pillars in the first half of 2023.
  • The full impact of this improvement in gross margin is expected in 2024, from projects signed in the second half of 2023.
  • Delivery of the next 30 machines is scheduled for the second half of 2023, with completion in early 2024.

LCS receives top honors at 2023 McKnight’s Excellence in Technology awards

Retrieved on: 
Friday, September 22, 2023

Des Moines, IA, Sept. 22, 2023 (GLOBE NEWSWIRE) -- LCS and Life Care Services, an LCS company, received top honors – including two Gold and two Silver awards - for its innovative technology projects during the McKnight’s Excellence in Technology Awards + Summit virtual event on Sept. 20.

Key Points: 
  • Des Moines, IA, Sept. 22, 2023 (GLOBE NEWSWIRE) -- LCS and Life Care Services, an LCS company, received top honors – including two Gold and two Silver awards - for its innovative technology projects during the McKnight’s Excellence in Technology Awards + Summit virtual event on Sept. 20.
  • The award event honors and recognizes the innovative use of technology to improve the overall care and operations in their organizations.
  • The Life Care Services project, “DailyPay” won the Gold in the Senior Living Keep It Super Simple category.
  • “There has never been a more critical time to offer technology that optimizes employee engagement and efficiency,” said Frank Vedder, LCS SVP/Chief Information Officer.

Liquid Hydrogen-Powered Corolla to Participate in the Super Taikyu Fuji 24 Hours Race

Retrieved on: 
Monday, May 29, 2023

Toyota City, Japan, May 29, 2023 - (JCN Newswire) - Toyota Motor Corporation (Toyota) will enter the ENEOS Super Taikyu Series 2023 Round 2 NAPAC Fuji SUPER TEC 24 Hours Race, to be held from May 26 to 28, with the #32 ORC ROOKIE GR Corolla H2 Concept (hydrogen-powered Corolla) running on liquid hydrogen.

Key Points: 
  • Toyota City, Japan, May 29, 2023 - (JCN Newswire) - Toyota Motor Corporation (Toyota) will enter the ENEOS Super Taikyu Series 2023 Round 2 NAPAC Fuji SUPER TEC 24 Hours Race, to be held from May 26 to 28, with the #32 ORC ROOKIE GR Corolla H2 Concept (hydrogen-powered Corolla) running on liquid hydrogen.
  • It is the first time in the world that a vehicle will race with liquid hydrogen fuel.
  • The liquid hydrogen-powered Corolla was scheduled to compete for the first time at Round 1 Suzuka Super Taikyu 5 Hours Race held on March 18 and 19.
  • Toyota is able to race in this year's Fuji 24 Hours Race with the liquid hydrogen-powered Corolla thanks to the cooperation of its many partners.

TOYOTA GAZOO Racing Opens Le Mans 24 Hours Special Website

Retrieved on: 
Thursday, May 25, 2023

TOKYO, May 25, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) has launched a special Le Mans section(1) within its official website ahead of the 100th anniversary of the Le Mans 24 Hours, to be held in France on June 10-11.

Key Points: 
  • TOKYO, May 25, 2023 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) has launched a special Le Mans section(1) within its official website ahead of the 100th anniversary of the Le Mans 24 Hours, to be held in France on June 10-11.
  • TGR has been storing and exhibiting its Le Mans-winning race cars in their original condition at the team's Cologne base, TOYOTA GAZOO Racing Europe(3), and within Toyota Motor Corporation(4) in Japan, while the 2020 winner, a TS050 HYBRID, was permanently loaned to the Le Mans 24 Hours Museum(5) in 2021.
  • TGR sincerely hopes fans and media will enjoy watching its battle to win the Le Mans 24 Hours for the sixth consecutive time in 2023, a significant milestone in the race's centennial year.
  • (2) Please refer to the TOYOTA GAZOO Racing Europe press release for more details.

ENOGIA: Resounding success of the capital increase with preferential subscription rights, in a total amount close to €4.6 million

Retrieved on: 
Friday, July 28, 2023

ENOGIA: Resounding success of the capital increase with preferential subscription rights, in a total amount close to €4.6 million

Key Points: 
  • ENOGIA: Resounding success of the capital increase with preferential subscription rights, in a total amount close to €4.6 million
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • This press release may not be published, distributed or circulated, directly or indirectly, in the
    United States of America, Australia, Canada or Japan.
  • Resounding success of the capital increase with preferential subscription rights,
    Overall demand of €6.7 million, i.e.
  • At the end of the subscription period, which closed on 25 July 2023, subscription requests totalled 3,359,560 shares representing an amount of €6,719,120, i.e.

ENOGIA: First-half 2023 revenue: +126%

Retrieved on: 
Thursday, July 20, 2023

The ORC Modules business generated revenue of €2.2 million in the first half of 2023, compared with €1.0 million in the same period in 2022.

Key Points: 
  • The ORC Modules business generated revenue of €2.2 million in the first half of 2023, compared with €1.0 million in the same period in 2022.
  • ENOGIA’s second business, Turbomachinery and Hydrogen Fuel Cell Compressors, generated revenue of €0.13 million in the first half of 2023, representing growth of 28%.
  • The press release of 10 July 2023 announced changes to ENOGIA’s governance and the launch of a capital increase.
  • The capital increase is still underway: preferential subscription rights can be traded on the market until 21 July 2023 (ISIN code DPS FR001400J9B3) and can be exercised until 25 July 2023.

The EBA publishes final guidance on the overall recovery capacity in recovery planning

Retrieved on: 
Wednesday, July 19, 2023

19 July 2023

Key Points: 
  • 19 July 2023
    The European Banking Authority (EBA) today published its final Guidelines on the overall recovery capacity (ORC) in recovery planning.
  • The objective of the ORC is to provide a summary of the overall capability of the institution to restore its financial position after a significant deterioration by implementing suitable recovery options.
  • The assessment by competent authorities of an institution’s overall recovery capacity allows to understand to what extent an institution would be able to recover from a range of potential crisis situations.
  • The first one addressed to institutions, aims at providing guidance on the relevant steps to set-up a reliable ORC framework.

Clean Energy Technologies, Inc. Announces $10M EPC Contract with Vermont Renewable Gas, LLC for Lyndonville, Vermont Facility

Retrieved on: 
Wednesday, July 12, 2023

The EPC contract, valued at $10 million, demonstrates CETY's leadership in clean energy solutions.

Key Points: 
  • The EPC contract, valued at $10 million, demonstrates CETY's leadership in clean energy solutions.
  • Situated in Lyndonville, Vermont, this facility will convert low-grade, woody fiber sourced from local working lands into biogas and BioChar fertilizer.
  • Execution of this EPC contract allows CETY to begin development of this innovative facility in Vermont.
  • Its outputs include renewable electrical power, BioChar fertilizer, high heating value fuel gas, and other commercially valuable chemicals.

ENOGIA: ENOGIA selected by a Korean consortium as part of a project to decarbonize shipping project

Retrieved on: 
Saturday, June 10, 2023

The contract covers the development and supply of a compressor as part of a project to develop and test an exhaust gas sequestration system for ship engines.

Key Points: 
  • The contract covers the development and supply of a compressor as part of a project to develop and test an exhaust gas sequestration system for ship engines.
  • ENOGIA has been selected by STX Engine as a partner in a consortium that also includes Hyundai Materials, the Institute of Advanced Engineering and other Korean players.
  • The company will be responsible for developing the compressor that will be integrated into the future CO2 capture system.
  • Today, ENOGIA is in a position to simultaneously produce ORC modules for the decarbonization of industry and develop innovative turbomachinery for ecological transition projects.

Clean Energy Technologies, Inc. Affiliate Secures Prime Project Site Through Agreement with Northeastern Vermont Development Association

Retrieved on: 
Wednesday, May 31, 2023

Vermont Renewable Gas, LLC, an affiliated limited liability company of CETY, has entered into a Purchase and Sale Agreement (P&S) with Northeastern Vermont Development Association to purchase 8 acres in the Saint Johnsbury/Lyndon Industrial Park.

Key Points: 
  • Vermont Renewable Gas, LLC, an affiliated limited liability company of CETY, has entered into a Purchase and Sale Agreement (P&S) with Northeastern Vermont Development Association to purchase 8 acres in the Saint Johnsbury/Lyndon Industrial Park.
  • The property will serve as a site for VRG - Lyndonville, a biomass renewable energy processing facility.
  • At the heart of this project is CETY’s revolutionary high temperature ablative fast pyrolysis reactor (HTAP Biomass Reactor).
  • With an investment of $10 million, CETY will orchestrate the design, construction, and operation of this facility in Lyndonville, Vermont.