NCRE

ATLAS RENEWABLE ENERGY AND COPEC'S ENERGY STORAGE DEAL USHERS NEW ERA FOR LATIN AMERICA'S GRID TRANSFORMATION

Retrieved on: 
Thursday, March 21, 2024

SANTIAGO, Chile, March 21, 2024 /PRNewswire/ -- Atlas Renewable Energy, an international leader in clean energy generation, marks a new milestone in Chile after signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years.

Key Points: 
  • The agreement between Atlas Renewable Energy and COPEC, through its energy commercializer, EMOAC, considers storing energy to reinject approximately 3.6 TWh of sustainable energy into the grid at peak demand times for 15 years.
  • BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, with an installed capacity of 200 MW and four hours and a storage capacity of 800 MWh.
  • The project will allow for the storage of energy during daylight hours and re-injection into the grid during high demand.
  • "This deal marks our expansion into battery energy storage technology, establishing Atlas as an early adopter in Latin America.

ATLAS RENEWABLE ENERGY AND COPEC'S ENERGY STORAGE DEAL USHERS NEW ERA FOR LATIN AMERICA'S GRID TRANSFORMATION

Retrieved on: 
Thursday, March 21, 2024

SANTIAGO, Chile, March 21, 2024 /PRNewswire/ -- Atlas Renewable Energy, an international leader in clean energy generation, marks a new milestone in Chile after signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years.

Key Points: 
  • The agreement between Atlas Renewable Energy and COPEC, through its energy commercializer, EMOAC, considers storing energy to reinject approximately 3.6 TWh of sustainable energy into the grid at peak demand times for 15 years.
  • BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, with an installed capacity of 200 MW and four hours and a storage capacity of 800 MWh.
  • The project will allow for the storage of energy during daylight hours and re-injection into the grid during high demand.
  • "This deal marks our expansion into battery energy storage technology, establishing Atlas as an early adopter in Latin America.

AM Best Affirms Credit Ratings of Nova Casiopea Re S.A.

Retrieved on: 
Thursday, December 1, 2022

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Nova Casiopea Re S.A. (NCRe) (Luxembourg).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Nova Casiopea Re S.A. (NCRe) (Luxembourg).
  • For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Colambda Technologies announces YTD revenues of over 13 million in its Q3 statements

Retrieved on: 
Tuesday, November 29, 2022

The report is highlighted by year to date revenues of over 13 million on the strength of its subsidiary Job Aire Group.

Key Points: 
  • The report is highlighted by year to date revenues of over 13 million on the strength of its subsidiary Job Aire Group.
  • A full text of the Financial Statements can be found at:
    Colambda Technologies is an Eco-friendly technology company that is developing carbon reduction products that help all internal combustion engines burn cleaner and more efficiently.
  • Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information.
  • The Company does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements.

Colambda Technology Announces the Return of 50 Million Shares Back to the Company

Retrieved on: 
Wednesday, November 16, 2022

The move was made to create a more robust market for the Company's securities in anticipation of an immediate capital raise.

Key Points: 
  • The move was made to create a more robust market for the Company's securities in anticipation of an immediate capital raise.
  • The total common shares outstanding at closing of the Merger was 129,176,724 and this number has been reduced by 49,925,537 to 79,151,187 in the aggregate.
  • The 50,925,537 common shares were returned to unissued but authorized shares.
  • The Company does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements.

Colambda Technologies files 8K with the SEC citing the election of a New Board Chairman and New Board member

Retrieved on: 
Tuesday, August 30, 2022

There was no disagreement with Mr. Isaranggul Na Ayudyha regarding Colambda Technologies' operations, policies, or practices.

Key Points: 
  • There was no disagreement with Mr. Isaranggul Na Ayudyha regarding Colambda Technologies' operations, policies, or practices.
  • Mr. Isaranggul Na Ayudyha has chosen to pursue other opportunities but will continue to function as a consultant to Colambda Technologies.
  • On the same date, the Board appointed Nick Ammons to the Board of Directors and existing Board Member, Kent Hush, was elected as the Board Chairman.
  • Mr. Hush held several leadership roles while a Special Agent with Federal Law Enforcement.

Colambda Technologies files 8K with the SEC siting change of control and completion of Merger.

Retrieved on: 
Tuesday, July 26, 2022

TUCSON, Ariz., July 26, 2022 /PRNewswire/ -- The following is being issued by Colambda Technologies (Pink OTC: NCRE):

Key Points: 
  • TUCSON, Ariz., July 26, 2022 /PRNewswire/ -- The following is being issued by Colambda Technologies (Pink OTC: NCRE):
    On July 9, 2022, Colambda Technologies, Inc (OTCBB: NCRE) completed the previously announced merger with Emissions Zero Module, Inc,
    Effective with the closing of the merger (July 9, 2022), the Colambda Technologies Board of Directors will consist of (5) members.
  • On the closing date, the previous directors, George Christodoulou, Mark Christodoulou, and Solon Piitarides, resigned their positions, and Sumit Isaranggunlnaayudhya, David Riggs, Kent Hush, Russell E Klawunn, and Kim Mitchell were appointed as new members to the Board of Directors.
  • Riggs went on to say, "Colambda Technologies intends to provide consumers with products that will substantially reduce emissions generated from internal combustion engines making all cars greener and air cleaner".
  • See the SEC website for a copy of such filing: https://www.sec.gov/edgar/browse/?CIK=1104462 .

Americas Market Intelligence Publishes Report on Latin America's Net Zero Transition

Retrieved on: 
Wednesday, July 6, 2022

MIAMI, July 06, 2022 (GLOBE NEWSWIRE) -- Americas Market Intelligence (AMI) has published a new whitepaper on investment opportunities, challenges and roadblocks in Latin America's six main energy markets as the region transitions to Net Zero.

Key Points: 
  • MIAMI, July 06, 2022 (GLOBE NEWSWIRE) -- Americas Market Intelligence (AMI) has published a new whitepaper on investment opportunities, challenges and roadblocks in Latin America's six main energy markets as the region transitions to Net Zero.
  • AMI's energy practice leaders crafted The Road to Net Zero in Latin America to help investors, energy companies and suppliers understand the challenges and economic potential ahead.
  • The Road to Net Zero in Latin America is available for free download from AMI's website .
  • Americas Market Intelligence (AMI) is the premier market intelligence and strategy consultancy for Latin America, providing powerful research insights for companies to succeed in a wide range of verticals in the region, including payments, healthcare, logistics, mining, energy, infrastructure, consumer goods and the industrial sector.

Colambda Technologies sites revenues of its subsidiary, Job Aire Group

Retrieved on: 
Friday, June 17, 2022

TUCSON, Ariz., June 17, 2022 /PRNewswire/ -- The following is being issued by Colambda Technologies (Pink OTC: NCRE):

Key Points: 
  • TUCSON, Ariz., June 17, 2022 /PRNewswire/ -- The following is being issued by Colambda Technologies (Pink OTC: NCRE):
    Colambda Technologies sites revenues of its subsidiary, Job Aire Group
    Colambda Technologies Inc, formerly named New Century Resources Corporation proudly announces, its subsidiary, Job Aire Group (JAG) www.jobairegroup.us , has opened a satellite office in Mexico City giving it greater access to international markets.
  • Ammons expects to grow JAG, diversify its market presence, and facilitate Colambda Technologies' move into manufacturing of the Emissions Zero Module technology on a much larger scale.
  • The Company filed an amendment to its certificate of incorporation to change its name to Colambda Technologies, Inc.
  • Job Aire Group was acquired by Emissions Zero Module, Inc on January 1, 2022.

Colambda Technologies Inc files FAA Form 8110-12

Retrieved on: 
Wednesday, June 15, 2022

TUCSON, Ariz., June 15, 2022 /PRNewswire/ --The following is being issued by Colambda Technologies (Pink OTC: NCRE):

Key Points: 
  • TUCSON, Ariz., June 15, 2022 /PRNewswire/ --The following is being issued by Colambda Technologies (Pink OTC: NCRE):
    Colambda Technologies Inc, formally named New Century Resources Corporation, is pleased to announce that it has submitted FAA Form 8110-12, Application for Supplemental Type Certificate (STC).
  • Filing this form is the first step in a process that will lead to formal testing of the Emissions Zero Module (EZM) on piston driven general aviation aircraft.
  • Speaking for Colambda Technologies and Emissions Zero Module, David Riggs indicated that, "we have filed to merge Emissions Zero Module and Colambda Technologies in our respective states and have completed the substantial steps necessary to consummate the merger.
  • Colambda Technologies Inc is awaiting final FINRA/OTC approval on a new ticker symbol and completion of the previously announced merger contemplated by a Merger Agreement entered on September 20, 2021.