Energy industry

Advanced Energy Extends Ultra-High-Density 80PLUS® Titanium Efficiency Power Supplies to 3200 W

Retrieved on: 
Thursday, October 5, 2023

Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – has extended its range of ultra-high-density front-end power supplies with a 3200 W unit in the common redundant power supply (CPRS) 1U form factor.

Key Points: 
  • Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – has extended its range of ultra-high-density front-end power supplies with a 3200 W unit in the common redundant power supply (CPRS) 1U form factor.
  • The Artesyn® CSU3200ET series addresses the high-performance, space-constrained power demands of next-generation computing applications including Artificial Intelligence (AI) and Machine Learning (ML).
  • (Photo: Business Wire)
    Delivering currents up to 262 A, the CSU3200ET series operates with efficiencies up to 96% and carries 80PLUS® Titanium efficiency certification.
  • Where system loads do not require the full power of connected power supplies, a ‘cold redundancy’ capability optimizes efficiency.

The 2023 Babst Calland Report - Legal and Regulatory Challenges and Opportunities for the Energy Industry

Retrieved on: 
Monday, October 2, 2023

PITTSBURGH and WASHINGTON, Oct. 2, 2023 /PRNewswire/ -- Law firm Babst Calland today published its 13th annual energy industry report: The 2023 Babst Calland Report – Legal & Regulatory Perspectives for the Energy Industry. The Report provides insights on some of the most critical issues facing the industry.

Key Points: 
  • Senator John Barrasso
    PITTSBURGH and WASHINGTON, Oct. 2, 2023 /PRNewswire/ -- Law firm Babst Calland today published its 13th annual energy industry report: The 2023 Babst Calland Report – Legal & Regulatory Perspectives for the Energy Industry.
  • Senator Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources, who is at the forefront on federal energy policy.
  • Joseph K. Reinhart, shareholder and co-chair of Babst Calland's Energy and Natural Resources Group, said, "The U.S. energy sector remains as dynamic as ever.
  • The Babst Calland Report is provided for informational purposes for our clients and friends and does not constitute legal advice.

Basetwo To Present Novel Hybrid AI Case Study at ADIPEC 2023

Retrieved on: 
Wednesday, September 27, 2023

At this year's ADIPEC event, Basetwo will be at the forefront of industry innovation, showcasing state-of-the-art solutions and insights that are reshaping the future of industrial process control.

Key Points: 
  • At this year's ADIPEC event, Basetwo will be at the forefront of industry innovation, showcasing state-of-the-art solutions and insights that are reshaping the future of industrial process control.
  • Key Highlights of Basetwo's Participation:
    Presentation: On October 3rd at 2 pm in the Manufacturing & Industrialisation Theatre, Thouheed Abdul Gaffoor from Basetwo will demonstrate a case study on optimizing industrial process control.
  • This presentation promises to provide attendees with valuable insights into the use of hybrid AI models to enhance efficiency within industrial processes.
  • For more information about Basetwo's participation at ADIPEC 2023 and to book meeting slots, please visit our website .

Sustainability and Environmental Concerns Propel Growth in Advanced Metering Infrastructure (AMI) Sector, Post-COVID Resilience Expected

Retrieved on: 
Wednesday, September 27, 2023

As 2020 Draws to a Close, It Has Been a Year of Astounding Disruption & Unbelievable Transformation

Key Points: 
  • As 2020 Draws to a Close, It Has Been a Year of Astounding Disruption & Unbelievable Transformation
    COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
    COVID-19 Induced Financial Crisis Aggravates an Already Large Global Infrastructure Spending Gap: Government Smart Meter Programs Weaken in 2020
    Among the Many Industries Derailed by the Pandemic Is the Energy Industry.
  • Energy Infrastructure Investments Take a Direct Blow
    While Year 2020 Will Remain an Anomaly, the World's Energy Needs Will Continue to Rise
    Supplying Cost-Effective, Reliable Electricity Will Always Be a Priority for Utilities, Making Smart Meters a Valuable Investment: Projected Global Demand for Electricity (MWh) for Years 2025, 2030 & 2035
    How Smart Meters Can Reduce the Carbon Footprint?
  • Average Number of Power Outages in Firms Per Month, Worldwide by Region: 2019
    Global Smart Cities Opportunity (In US$ Billion) for Years 2021, 2024, 2027
    Global Smart Grid Market Opportunity (In US$ Billion) for Years 2021, 2023 & 2024
    COVID-19 Has Created an Environment Where Digital Transformation Equals Survival: Global Digital Transformation Spending (In US$ Billion) for Years 2017 Through 2023
    Growing Prominence of IoT in Energy Industry Highlights the Potential for IoT-Based AMI Solutions: Global IoT in Energy Market (In US$ Billion) for the Years 2019, 2021, 2023, 2025 & 2026
    5G's Contribution to Global GDP (In US$ Trillion) for Years 2020, 2025 & 2030
    What Barriers Impact Successful Deployment of AMI?

Advanced Energy Launches New Liquid-Cooled Configurable Power Supply at The Battery Show

Retrieved on: 
Wednesday, September 13, 2023

Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions today announces the new high-power, liquid-cooled configurable power solution at the Battery Show in Novi, Mi.

Key Points: 
  • Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions today announces the new high-power, liquid-cooled configurable power solution at the Battery Show in Novi, Mi.
  • The iHP Liquid is the latest addition to a wide range of intelligent, digitally configurable power solutions that provide flexible power in a wide range of industrial, lighting, horticulture, medical and semiconductor applications.
  • Advanced Energy will be attending the Battery Show at the Suburban Collection Showplace in Novi, MI from September 12 – September 14, 2023.
  • Visitors to their booth (#1651) will be able to see Advanced Energy’s newest precision high power systems, intelligent laboratory power supplies, configurable power supplies, bond meters, micro-ohmmeters, thermometers, and temperature calibrator products – and, of course, the new iHP-Liquid.

Advanced Energy Announces Closing of Offering of $575 Million of 2.50% Convertible Senior Notes With Initial Purchasers’ Option Fully Exercised

Retrieved on: 
Tuesday, September 12, 2023

Advanced Energy received net proceeds from the offering of the notes of approximately $561.2 million after deducting the initial purchasers’ discounts and after deducting offering expenses payable by Advanced Energy.

Key Points: 
  • Advanced Energy received net proceeds from the offering of the notes of approximately $561.2 million after deducting the initial purchasers’ discounts and after deducting offering expenses payable by Advanced Energy.
  • The notes are Advanced Energy’s senior unsecured obligations, bear interest at a rate of 2.50% per year, and will mature on September 15, 2028, unless earlier repurchased, redeemed or converted.
  • The convertible note hedge transactions cover, subject to customary anti-dilution adjustments, the same number of shares of common stock that initially underlie the notes.
  • Advanced Energy also entered into warrant transactions with the option counterparties relating to the same number of shares of common stock, subject to customary anti-dilution adjustments.

Advanced Energy Announces Pricing of Offering of $500 Million of 2.50% Convertible Senior Notes

Retrieved on: 
Friday, September 8, 2023

The offering of the notes and the convertible hedge and warrant transactions described below are expected to close on September 12, 2023, subject to customary closing conditions.

Key Points: 
  • The offering of the notes and the convertible hedge and warrant transactions described below are expected to close on September 12, 2023, subject to customary closing conditions.
  • Advanced Energy expects the net proceeds from the offering of the notes to be approximately $487.9 million ($561.2 million if the initial purchasers exercise their option to purchase the additional notes in full) after deducting the initial purchasers’ discounts and after deducting offering expenses payable by Advanced Energy.
  • In connection with this offering, Advanced Energy repurchased approximately $40.0 million of its common stock, representing 378,286 shares of its common stock from purchasers of the notes in this offering.
  • In connection with the pricing of the notes, Advanced Energy has entered into privately negotiated convertible note hedge transactions with the option counterparties.

Advanced Energy Announces Proposed Offering of $500 Million Convertible Senior Notes

Retrieved on: 
Wednesday, September 6, 2023

Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes due 2028 (the “notes”) in a private offering.

Key Points: 
  • Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes due 2028 (the “notes”) in a private offering.
  • Advanced Energy also expects to grant to the initial purchasers of the notes an option to purchase, up to an additional $75 million aggregate principal amount of the notes.
  • The initial conversion rate and other terms of the notes will be determined by negotiations between Advanced Energy and the initial purchasers of the notes.
  • In connection with the pricing of the notes, Advanced Energy expects to enter into privately negotiated convertible note hedge transactions with the option counterparties.

New Transphorm White Paper: Normally-Off D-Mode GaN Advantages Vs. Normally-Off E-Mode GaN

Retrieved on: 
Wednesday, September 6, 2023

Transphorm, Inc. (Nasdaq: TGAN), a global leader in robust GaN power semiconductors, announced the publication of its latest white paper titled The Fundamental Advantages of D-Mode GaN in Cascode Configuration.

Key Points: 
  • Transphorm, Inc. (Nasdaq: TGAN), a global leader in robust GaN power semiconductors, announced the publication of its latest white paper titled The Fundamental Advantages of D-Mode GaN in Cascode Configuration.
  • The paper provides a brief tutorial on the inherent benefits delivered by a cascode (normally-off) d-mode GaN platform.
  • The paper demonstrates several key advantages achieved by the normally-off d-mode GaN platform including:
    Easily operating at higher power levels: higher saturation current with Transphorm d-mode, whereas e-mode must be paralleled to achieve same amps (which causes reduced power density and reliability).
  • Normally-off d-mode GaN or e-mode,” said Philip Zuk, SVP, Business Development and Marketing, Transphorm.

Advanced Energy Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, August 1, 2023

Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on September 1, 2023 to shareholders of record as of August 21, 2023.

Key Points: 
  • Advanced Energy Industries, Inc. (NASDAQ: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share, payable on September 1, 2023 to shareholders of record as of August 21, 2023.
  • Future dividend declarations, as well as the record and payment dates for such dividends, are subject to review and approval by the board of directors.