LTSA

Investor Notice:  Kessler Topaz Meltzer & Check, LLP Files a Securities Fraud Class Action Lawsuit Against ON Semiconductor Corporation and Encourages Investors With Substantial Losses to Contact the Firm

Retrieved on: 
Wednesday, December 20, 2023

This action, captioned Hubacek v. ON Semiconductor Corporation., et al., Case No.

Key Points: 
  • This action, captioned Hubacek v. ON Semiconductor Corporation., et al., Case No.
  • A substantial portion of onsemi’s SiC products are necessary components of a number of systems used in the production of electric vehicles (“EVs”).
  • Kessler Topaz Meltzer & Check, LLP encourages onsemi investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel.

ROSEN, A LEADING NATIONAL FIRM, Encourages ON Semiconductor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – ON

Retrieved on: 
Thursday, December 14, 2023

WHAT TO DO NEXT: To join the onsemi class action, go to https://rosenlegal.com/submit-form/?case_id=21160 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the onsemi class action, go to https://rosenlegal.com/submit-form/?case_id=21160 or call Phillip Kim, Esq.
  • toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ONSEMI ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against ON Semiconductor Corporation and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, December 15, 2023

Investors have until February 12, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until February 12, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Onsemi manufactures and sells semiconductor components for various electronic devices worldwide, including power and sensing solutions, and technologies for the electrification of the automotive industry.
  • A substantial portion of onsemi’s SiC products are necessary components of a number of systems used in the production of electric vehicles (“EVs”).
  • On May 1, 2023, the first day of the Class Period, onsemi released its first quarter 2023 earnings and accompanying investor earnings call with equity analysts.

Fundamentals of The Texas ERCOT Electric Power Market: Register Now for the 2 Day Industry Seminar (Houston, United States - December 7-8, 2023)

Retrieved on: 
Saturday, October 28, 2023

DUBLIN, Oct. 27, 2023 /PRNewswire/ -- The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 27, 2023 /PRNewswire/ -- The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.
  • Gain an understanding of the dynamic Texas wholesale and retail competitive markets, and learn how these markets interface with ERCOT ISO energy auctions and ISO operations.
  • Understand, enhance and apply knowledge of the ERCOT' nodal market operations for Energy, Ancillary Services, Market Settlements, Capacity, Retail and Renewables.
  • The key wholesale and retail stakeholders and market participants are, and how their activities shape ERCOT's operations.

Mitsubishi Power and Egypt Ministry of Electricity and Renewable Energy Sign Upgrade and Reliability Agreement Extension for Sidi Krir and El-Atf Power Plants

Retrieved on: 
Tuesday, October 31, 2023

Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.

Key Points: 
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, commented on the agreement with Mitsubishi Power saying: "Egypt and Japan celebrate strong bilateral relations across multiple sectors.
  • Sidi Krir and El-Atf plants power hundreds of thousands of homes and businesses in the western Alexandria and middle Delta regions via the reliable Egyptian unified electrical grid.
  • This latest agreement harnesses Mitsubishi Power's heritage in Egypt, built on delivering our industry-leading, reliable technology and service excellence and ensure the availability of power for the people of Egypt."

Fundamentals of The Texas ERCOT Electric Power Market: Register Now for the 2 Day Industry Seminar (Houston, United States - December 7-8, 2023) - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 12, 2023

The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Fundamentals of The Texas ERCOT Electric Power Market" training has been added to ResearchAndMarkets.com's offering.
  • Gain an understanding of the dynamic Texas wholesale and retail competitive markets, and learn how these markets interface with ERCOT ISO energy auctions and ISO operations.
  • Understand, enhance and apply knowledge of the ERCOT' nodal market operations for Energy, Ancillary Services, Market Settlements, Capacity, Retail and Renewables.
  • The key wholesale and retail stakeholders and market participants are, and how their activities shape ERCOT's operations.

Mitsubishi Power Receives Full-Turnkey Contract to Build Three Gas Turbine Combined Cycle (GTCC) Power Plants with a Total Output of 1,950MW Natural Gas-Fired M701JAC Turbines in Sodegaura City, Chiba Prefecture

Retrieved on: 
Friday, July 21, 2023

Commercial operation will commence successively from the 2029 fiscal year, and Mitsubishi Power will thereafter provide support for businesses in providing reliable power supplies through its full-scope LTSA.

Key Points: 
  • Commercial operation will commence successively from the 2029 fiscal year, and Mitsubishi Power will thereafter provide support for businesses in providing reliable power supplies through its full-scope LTSA.
  • The gas turbines that will generate the bulk of the power will be M701JAC gas turbines, a cutting-edge, high-performance model, according to the construction plan, which has been designed to achieve minimal environmental impact.
  • This project is a joint venture between MHI and Mitsubishi Electric Corporation, and covers EPC (engineering, procurement and construction).
  • The two companies will collaborate on this project, with MHI supplying gas turbines, steam turbines, heat recovery steam generators and flue gas desulfurization systems and Mitsubishi Electric supplying generators and electrical products.

Mitsubishi Power Receives Order for Two Gas Turbines for 1,600MW Class GTCC Power Plant in Uzbekistan

Retrieved on: 
Monday, July 10, 2023

- In addition to supplying the gas turbines, Mitsubishi Power will dispatch technical advisers to support installation and commissioning, and has signed a long-term service agreement (LTSA).

Key Points: 
  • - In addition to supplying the gas turbines, Mitsubishi Power will dispatch technical advisers to support installation and commissioning, and has signed a long-term service agreement (LTSA).
  • TOKYO, July 10, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for two M701JAC gas turbines, the latest model in its mainstay air-cooled J-Series, for a 1,600-megawatt (MW) class natural gas-fired GTCC (gas turbine combined cycle) power plant, which will be one of the largest power facilities, being developed in the Syrdarya region of the Republic of Uzbekistan.
  • This project replaces the existing aged gas-fired power plant with state-of-the-art, high-efficiency combined cycle power plant, which is consistent with the energy policy of the Uzbek government.
  • Mitsubishi Power has received orders for 12 large frame gas turbines, including the F and JAC-series, for seven projects in Uzbekistan, representing a market share for large frame gas turbines in the country of more than 80%.

Mitsubishi Power to Develop Hydrogen-Ready Power Plant for Sembcorp Industries

Retrieved on: 
Wednesday, May 24, 2023

TOKYO, May 24, 2023 - (JCN Newswire) - A consortium comprising Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), and Jurong Engineering Limited (JEL) has been awarded an Engineering, Procurement and Construction (EPC) contract to develop a new 600MW hydrogen-ready combined cycle power plant (CCPP) for Sembcorp Industries' (Sembcorp) fully owned subsidiary Sembcorp Cogen Pte Ltd.

Key Points: 
  • TOKYO, May 24, 2023 - (JCN Newswire) - A consortium comprising Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), and Jurong Engineering Limited (JEL) has been awarded an Engineering, Procurement and Construction (EPC) contract to develop a new 600MW hydrogen-ready combined cycle power plant (CCPP) for Sembcorp Industries' (Sembcorp) fully owned subsidiary Sembcorp Cogen Pte Ltd.
  • A long-term service agreement (LTSA) for the maintenance of the plant's major equipment was also awarded to Mitsubishi Power.
  • Takao Tsukui, Executive Vice President, Mitsubishi Power, Ltd., said: "Mitsubishi Power is proud to partner with Sembcorp as we work toward our common goal of building a sustainable energy future for Singapore.
  • Mitsubishi Power remains committed to working closely with public and private power providers in Singapore to advance the country's hydrogen ready infrastructure.

Chart Industries Reports Record 2023 Second Quarter Financial Metrics

Retrieved on: 
Friday, July 28, 2023

ATLANTA, July 28, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the second quarter ended June 30, 2023.

Key Points: 
  • ATLANTA, July 28, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the second quarter ended June 30, 2023.
  • Record second quarter 2023 financial metrics (backlog, orders, sales, gross profit, gross profit margin, operating income, and EBITDA).
  • Also in the second quarter 2023, Howden (on a standalone basis) had record reported backlog, orders, gross profit and EBITDA.
  • Second quarter 2023 backlog increased 24.1% compared to the second quarter 2022 (proforma to include Howden), and both Chart and Howden backlogs on a standalone basis were records as of the end of the second quarter 2023.