New Power

New Fortress Energy Places Barcarena LNG Terminal in Pará, Brazil into Operation

Retrieved on: 
Thursday, February 29, 2024
Oil, Gas, Alternative Energy, Energy, Environment, Sustainability, Acquisition, State government, Ministry, FSRU, Natural gas, Wes Edens, Amazon River, Mouth, CO2, New Power, COD, Norsk Hydro

New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site.

Key Points: 
  • New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its 6 MTPA (300 TBtu) Barcarena LNG terminal located in Pará, Brazil is now operational with the Energos Celsius Floating Storage Regasification Unit (FSRU) on-site.
  • NFE’s Barcarena LNG terminal is strategically located at the mouth of the Amazon River in Pará, Brazil and serves as the sole natural gas supply source in the state of Pará and the North region of Brazil.
  • The Barcarena terminal will also supply natural gas to NFE’s 630 MW power plant, which is currently under construction adjacent to the Barcarena terminal.
  • “Our Barcarena complex is a great example of NFE’s fully integrated LNG-to-power business model, where our LNG import terminal provides a significant competitive advantage.

Cummins Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 6, 2024
Technology, Engineering, Automotive Manufacturing, Other Energy, Manufacturing, Aftermarket, Automotive, Batteries, Trucking, Rail, Energy, Transport, Software, Data Management, EPS, New Power, Corporate Equality Index, Growth, Cell, Inc., PACCAR, Filtration, Distribution, Tax, IPO, Investment, Corporation, Depreciation, CMI, Freightliner, Total, Kilowatt-hour, Equity, Acquisition, Financial Times, Disability, Component, Natural gas, National Association, Renewable energy

Cummins Inc. (NYSE: CMI) today reported fourth quarter and full year 2023 results.

Key Points: 
  • Cummins Inc. (NYSE: CMI) today reported fourth quarter and full year 2023 results.
  • The fourth quarter of 2022 included $19 million, or $0.11 per diluted share, of costs related to the separation of Atmus.
  • The tax rate in the fourth quarter of 2023 was negative 13.3% due primarily to the non-deductible costs related to the agreement to resolve U.S. regulatory claims.
  • EBITDA for the fourth quarter of 2023 and the fourth quarter of 2022 included the costs noted above.

Dr. Susan Kleiner Joins Electrolyte Boost as Chief Science Officer

Retrieved on: 
Tuesday, October 10, 2023
Storm, Health, New Power, Knowledge, Olympian, Cleveland, International Arctic Science Committee, Mood (psychology), Miami Heat, Communication, Market, Book, LOS, Committee, Academy of Nutrition and Dietetics, Hiram College, Cavalier, Electrolyte, Farmer, Seattle Storm, History of the Miami Heat, Athlete, Cleveland Browns, Research, FACN, Management, Woman, RD, Biology, Seattle Seahawks, Seattle SuperSonics, Medicine, Science

LOS ANGELES, Oct. 10, 2023 /PRNewswire/ -- Electrolyte Boost, a leading provider of innovative electrolyte and hydration products, today announced the appointment of Dr. Susan Kleiner as Chief Science Officer. Dr. Kleiner, a world-renowned expert in the field of nutrition and sports performance, will bring her unparalleled knowledge and experience to guide the strategic direction and product development of Electrolyte Boost.

Key Points: 
  • Doctor of Nutrition Further Validates the Electrolyte Boost Product Offering, Demonstrating its Value to the Market
    LOS ANGELES, Oct. 10, 2023 /PRNewswire/ -- Electrolyte Boost , a leading provider of innovative electrolyte and hydration products, today announced the appointment of Dr. Susan Kleiner as Chief Science Officer.
  • "We are thrilled to welcome Susan to our team," said Gary Kleinman, Founder and CEO of Electrolyte Boost.
  • "I am honored to be a part of the Electrolyte Boost team and contribute to their mission of revolutionizing the electrolyte industry," added Kleiner.
  • For more information about Dr. Kleiner, check out her LinkedIn profile: Dr. Susan Kleiner

The 18th China Changchun Film Festival (CCFF) Opens

Retrieved on: 
Tuesday, August 29, 2023
Exhibition, CCFF, Best Actress Award (Vietnam Film Festival), Santosham Best Cinematographer Award, Policy, Best Actress, Homecoming, Born to Fly, Best, Festival, CCTV, Wind, Creation, Film, New Power, Growth, Ecology, Triumph, Lost Time, Film industry, Television

Changchun, China--(Newsfile Corp. - August 29, 2023) - On the evening of August 28, the 18th China Changchun Film Festival (CCFF), sponsored by the Jilin Provincial People's Government and China Central Radio and Television (CCTV), and undertaken by the Changchun Municipal People's Government, kicked off, and 15 films, including Full River Red and Wandering Earth II, were shortlisted for the "Golden Deer Award".

Key Points: 
  • Changchun, China--(Newsfile Corp. - August 29, 2023) - On the evening of August 28, the 18th China Changchun Film Festival (CCFF), sponsored by the Jilin Provincial People's Government and China Central Radio and Television (CCTV), and undertaken by the Changchun Municipal People's Government, kicked off, and 15 films, including Full River Red and Wandering Earth II, were shortlisted for the "Golden Deer Award".
  • To view an enhanced version of this graphic, please visit:
    CCFF, the first film festival named after a city in China and the film festival with the highest latitude in China, was founded in 1992.
  • This year's festival has set up a total of six units of the main activities, including opening and closing ceremonies, film awards, film screenings, film forums, tribute to the "cradle", and market integration.
  • During the same period, a series of activities such as the 6th China Film New Power Forum, film and television industry seminar, theme forum of "Discussing Films and Seeking the Essence", tribute to the cradle - "Night of Changchun Film Festival" Gala, and the launching ceremony of "Guangming Cinema" will be held.

PAISLEY PARK'S CELEBRATION 2023 TO FEATURE NEW UNRELEASED MUSIC BY PRINCE & PERFORMANCES BY STOKLEY, SOUNDS OF BLACKNESS, D-NICE, SHELBY J, DOUG E. FRESH, MEMBERS OF NPG, AND MORE HONORING PRINCE'S MUSIC, LEGACY & GLOBAL CULTURAL IMPACT

Retrieved on: 
Wednesday, May 3, 2023
Diamond, Music, Purple Rain, DJ, Hip hop music, Mint Condition, AND, Celebration, R&B, Pearl, DJ Rashida, New Power, Blackness, R, MPLS, Memory, PARK, NPG, Nightclub

CHANHASSEN, Minn., May 3, 2023 /PRNewswire/ -- In memory of musical and cultural icon Prince, Paisley Park's annual Celebration returns June 8-11, 2023. The star-studded event features the exclusive presentation of unreleased music from the famous Prince Vault and special appearances by and conversations with Grammy-winning artist Chaka Khan and Hip-Hop legends Chuck D, D-Nice and Doug E. Fresh (celebrating Prince and Hip Hop 50), with performances from powerhouse Minnesota gospel groups Sounds of Blackness and The Steeles, R&B star Stokley of Mint Condition, artist, DJ, and producer D-Nice, and DJ Rashida, members of Prince's band NPG, Prince backup singer and solo artist Shelby J, Minneapolis youth choir Known MPLS, and an exciting showcase of new artists.

Key Points: 
  • Prince fans will gather once again at the late artist's world-class recording studio, museum, and concert venue in Chanhassen, Minnesota for an extended-weekend event.
  • Celebration shall also include a special Prince Legacy Tribute to one of the founding members of Prince's New Power Generation—the beloved vocalist and multi-instrumentalist Rosie Gaines.
  • Fans will also receive exclusive access to the "Purple Rain" singer's vault of unreleased recordings and performances.
  • Maintaining the event's tradition, attendees will be split into two tracks, "Diamond" and "Pearl," to allow for intimate experiences throughout Prince's legendary complex.

Cummins Reports Record First Quarter 2023 Results

Retrieved on: 
Tuesday, May 2, 2023
Vehicle Technology, EV, Electric Vehicles, Machinery, Batteries, Alternative Vehicles, Fuels, General Automotive, Technology, Automotive, Other Manufacturing, Engineering, Automotive Manufacturing, Manufacturing, Carbon, Component, Inc., Tax, Minority business enterprise, Automotive industry, Generally Accepted Accounting Principles (United States), VCR, PEM, EBITDA, New Power, CMI, Form, Filtration, Depreciation, Growth, EPS, NYSE, Video game, Renewable energy, Bank, Arms industry, Airline, Meritor

Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2023.

Key Points: 
  • Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2023.
  • First quarter revenues of $8.5 billion increased 32 percent from the same quarter in 2022.
  • Results included costs associated with the separation of the Filtration business of $18 million, or $0.10 per diluted share, in the first quarter of 2023, and $17 million, or $0.09 per diluted share, in the first quarter of 2022.
  • “We have raised our guidance on revenue and profitability for 2023 due to continued demand for Cummins’ products and services.

Cummins launches Accelera by Cummins to advance the transition to a zero-emissions future

Retrieved on: 
Wednesday, March 8, 2023
Automotive Manufacturing, Other Transport, Green Technology, Trucking, Fleet Management, Manufacturing, Rail, Vehicle Technology, Environment, Transport, Automotive, EV, Electric Vehicles, Sustainability, Alternative Vehicles, Fuels, Recycling, Other Automotive, General Automotive, Public Transport, Carbon, NYSE, Cummins, Acquisition, News, Research, Hydrogen, CMI, Bluebird, Multimedia, PEM, New Power, Ship, Renewable energy, Oil

Accelera provides a diverse portfolio of zero-emissions solutions for many of the world’s most vital industries empowering customers to accelerate their transition to a sustainable future.

Key Points: 
  • Accelera provides a diverse portfolio of zero-emissions solutions for many of the world’s most vital industries empowering customers to accelerate their transition to a sustainable future.
  • Cummins’ Destination Zero strategy is rooted in the understanding that multiple solutions are required to achieve industry-wide decarbonization across the diverse applications the company powers.
  • “The purpose of Accelera is simple – to secure a sustainable future for the industries that keep the world running,” said Davis.
  • Cummins’ breakthrough technologies have reduced the company’s product emissions by more than 90% over the past 25 years, and Accelera will continue to advance the company’s path toward a zero-emissions future.

Cummins Reports Strong Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Monday, February 6, 2023
Engineering, Other Energy, Oil, Gas, Manufacturing, Energy, Other Manufacturing, EPS, L series, Jacobs Vehicle Systems, CMI, Natural gas, Executive, Progress, Light, NYSE, Acquisition, Carbon, JVS, EBITDA, Diversity, Linde, Female, Mining, Generally Accepted Accounting Principles (United States), Filtration, Growth, Inc., AAA, AA, Hydrogen, Depreciation, Duke Energy Florida, Tax, Video game, Bookkeeping, Renewable energy, Bank, Arms industry, Meritor, MSCI, New Power

Cummins Inc. (NYSE: CMI) today reported fourth quarter and full year 2022 results.

Key Points: 
  • Cummins Inc. (NYSE: CMI) today reported fourth quarter and full year 2022 results.
  • Net income attributable to Cummins in the fourth quarter was $631 million, or $4.43 per diluted share.
  • Fourth quarter results also include $0.11 per diluted share of costs related to the separation of the Filtration business.
  • “We delivered strong profitability in the fourth quarter and achieved record full year revenues, EBITDA and EPS last year.

Cummins announces Jim Fier retiring after 36 years with the company

Retrieved on: 
Wednesday, January 4, 2023
Professional Services, Engineering, Other Professional Services, Automotive Manufacturing, Manufacturing, Human Resources, Other Manufacturing, Component, Wood, New Power, Mechanical engineering, Component engineering, Mechanical, Multimedia, The arts, Royal Society, Institution of Mechanical Engineers, Travel, CMI, NYSE, CTT, PLANET, University, United Kingdom, Commerce, Management, Engineering

Today, Cummins Inc. (NYSE: CMI) announced that Jim Fier – Vice President and Chief Technical Officer, after an impactful 36-year career with the company, has decided to retire at the end of March 2023.

Key Points: 
  • Today, Cummins Inc. (NYSE: CMI) announced that Jim Fier – Vice President and Chief Technical Officer, after an impactful 36-year career with the company, has decided to retire at the end of March 2023.
  • The company also announced that Jonathan Wood, Vice President of New Power Engineering, will succeed Fier as Chief Technical Officer, effective April 1.
  • Serving as Chief Technical Officer since 2019, Fier played a key role in ensuring Cummins innovates and delivers the right solutions to our customers at the right time.
  • His global perspective, collaborative approach, keen technical skills, and customer experience are a tremendous asset to Cummins.

Cummins to Supply 35MW Electrolyzer System to Linde for Green Hydrogen Production in Niagara Falls, New York

Retrieved on: 
Monday, December 12, 2022
Other Energy, Technology, Utilities, Other Technology, Alternative Energy, Energy, Water, Filtration, Transport, Environment, CMI, NYSE, Cummins, Inc., Linde, PEM, Oxygen, Education, Engineering, Hydrogen, Renewable energy, Natural gas, New Power

Cummins Inc. (NYSE: CMI) will supply a 35-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Lindes new hydrogen production plant in Niagara Falls, New York.

Key Points: 
  • Cummins Inc. (NYSE: CMI) will supply a 35-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Lindes new hydrogen production plant in Niagara Falls, New York.
  • Once commissioned, Cummins electrolyzer system will power Lindes largest green hydrogen plant in the U.S., marking significant progress in moving the green hydrogen economy forward.
  • "Adding the 35MW of this Linde plant to our electrolyzer project footprint highlights our commitment to scaling the green hydrogen economy and our ability to support large-scale renewable hydrogen production with market-leading innovation."
  • Cummins is supplying Linde with a state-of-the-art electrolyzer system designed for easy on-site installation with the ability to scale up output as needed.