Alternative energy

ComEd Files for First Delivery Rate Increase in Four Years to Support Needed Reliability and Clean Energy Transition

Friday, April 16, 2021 - 6:18pm

We\xe2\x80\x99ve seen severe weather events in the last nine months lead to catastrophic grid failures in California and Texas.

Key Points: 
  • We\xe2\x80\x99ve seen severe weather events in the last nine months lead to catastrophic grid failures in California and Texas.
  • ComEd\xe2\x80\x99s energy efficiency program has helped, saving customers more than $5.3 billion on energy bills since 2008.
  • ComEd increased the amount of funds available to provide more one-time bill credits of up to $500, until funds were exhausted.
  • For more information visit ComEd.com and connect with the company on Facebook , Twitter , Instagram and YouTube .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210416005470/en/\n'

CGTN: Leading With Action: China in the Fight for Carbon-Neutral Future

Friday, April 16, 2021 - 5:29pm

b'Climate change is not taking a break from wreaking havoc in 2020, with the joint highest global temperatures on record, rampant bushfires, the faster rates of sea level rise and the extinction of some species.\nThis press release features multimedia.

Key Points: 
  • b'Climate change is not taking a break from wreaking havoc in 2020, with the joint highest global temperatures on record, rampant bushfires, the faster rates of sea level rise and the extinction of some species.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210416005435/en/\nUnder this circumstance, Chinese President Xi Jinping, French President Emmanuel Macron, and German Chancellor Angela Merkel held a virtual meeting Friday on climate change, ahead of the Leaders\' Climate Summit on Earth Day convened by the U.S., scheduled next week.\nEmphasizing that he always advocates building a community with a shared future for mankind, the Chinese president voiced his willingness to strengthen cooperation with France and Germany on climate change.\n"Tackling climate change is a common cause for all mankind and it should not become a geopolitical bargaining chip, a target for attacking other countries, or an excuse for trade barriers," he added.\nPresident Xi on Friday\'s meeting reiterated China\'s ambitious climate target to bring the country\'s carbon dioxide emissions peak before 2030 and achieve carbon neutrality before 2060.\n"This means that China, the world\'s largest developing country, will complete the world\'s highest reduction in carbon intensity and move from carbon peak to carbon neutral in the world\'s shortest time.
  • "\nThe 14th Five-Year Plan unveiled that China\'s energy consumption per unit of GDP and carbon dioxide emissions per unit of GDP will be reduced by 13.5 percent and 18 percent, respectively, between 2021 and 2025.
  • It also aims to increase the share of non-fossil energy in total energy consumption to around 20 percent.\nAccording to Climate Action Tracker (CAT), if China\'s goal of carbon neutrality before 2060 is achieved, it will alone lower global warming projections by around 0.2 to 0.3 degrees Celsius, the biggest single reduction ever estimated by CAT.\nMeanwhile, China\'s commitment goes beyond the 2065-2070 global carbon neutrality schedule under the Paris Agreement 2 degrees Celsius scenario, which could move global carbon neutrality ahead by 5-10 years.\n"The Chinese side honors our promises with concrete actions," President Xi told Macron and Merkel, adding that China has incorporated peaking carbon emissions and achieving carbon neutrality into overall layout of building an ecological civilization and endeavored to build a green and low-carbon circular economy.\nChina, with its economic progress over the past decades largely powered by coal, is now among the world\'s biggest investors in renewable energy, owning 30 percent of the world\'s installed capacity of renewable energy.\nThe share of clean energy consumption in the country has risen from 19.1 percent in 2016 to 24.3 percent in 2020, data from the National Bureau of Statistics showed.\nA 2019 study using data from NASA satellites shows that global green leaf area has increased by five percent since the early 2000s, with at least 25 percent of that gain coming in China.\nChina\'s forest coverage rate has risen from 12 percent in the early 1980s to 23.04 percent in 2020.\nAs President Xi also mentioned at the summit, China has been actively working with other countries to cope with climate change especially under the South-South cooperation framework.\nAccording to the Ministry of Ecology and Environment, China has so far signed 38 cooperation agreements on climate change with 35 countries and helped train 2,000 officials and technical personnel from 120 developing countries.\n'

New Jersey Resources Schedules Fiscal 2021 Second-Quarter Earnings Call

Friday, April 16, 2021 - 4:36pm

b'New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 second-quarter earnings results on Thursday, May 6, 2021, at 10 a.m.

Key Points: 
  • b'New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2021 second-quarter earnings results on Thursday, May 6, 2021, at 10 a.m.
  • ET.
  • President and Chief Executive Officer Steve Westhoven and Chief Financial Officer Pat Migliaccio will present an overview of NJR\xe2\x80\x99s financial and operational performance for the second quarter of fiscal 2021.\nA few minutes prior to the webcast, go to njresources.com and select \xe2\x80\x9cInvestor Relations.\xe2\x80\x9d Scroll down and click the link to the conference call under \xe2\x80\x9cLatest Events\xe2\x80\x9d on the right side of the page and click on the webcast link.\nNew Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services.
  • For more information about NJR: www.njresources.com .\nFollow us on Twitter @NJNaturalGas.\n'

 Microvast to Host Investor Webcast on April 19, 2021

Friday, April 16, 2021 - 1:09pm

The business combination is expected to provide $822 million of gross proceeds to Microvast.

Key Points: 
  • The business combination is expected to provide $822 million of gross proceeds to Microvast.
  • PIPE anchor investors include strategic partner Oshkosh Corporation as well as funds and accounts managed by BlackRock, Koch Strategic Platforms and InterPrivate.
  • By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications.
  • On February 16, 2021 Tuscan filed a preliminary proxy statement with the SEC relating to the Proposed Transaction (collectively, \xe2\x80\x9cMerger Proxy Statement\xe2\x80\x9c).

iSun, Inc. Announces Completion of Redemption of Public Warrants

Friday, April 16, 2021 - 1:30pm

b'iSun, Inc. (NASDAQ: ISUN) (\xe2\x80\x9ciSun\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, today announced the completion of the redemption of all of its outstanding public warrants (the \xe2\x80\x9cPublic Warrants\xe2\x80\x9d).

Key Points: 
  • b'iSun, Inc. (NASDAQ: ISUN) (\xe2\x80\x9ciSun\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, today announced the completion of the redemption of all of its outstanding public warrants (the \xe2\x80\x9cPublic Warrants\xe2\x80\x9d).
  • This includes 1,042,116 warrants that were excised since the Company\xe2\x80\x99s redemption notice on March 9, 2021.
  • As of this date, no Public Warrants remain outstanding.\nHeadquartered in Williston, VT, iSun, Inc. (NASDAQ: ISUN) is a business rooted in values that align people, purpose, innovation, and sustainability.
  • Actual results may differ materially from the anticipated results discussed in these forward-looking statements because of possible uncertainties.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210416005081/en/\n'

Generational Capital Markets Advises Great Lakes Renewable Energy in its Sale to Lignetics

Friday, April 16, 2021 - 1:15pm

b"Generational Capital Markets , Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Great Lakes Renewable Energy, Inc. to Lignetics, Inc. (a holding of Taglich Private Equity, LLC).

Key Points: 
  • b"Generational Capital Markets , Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Great Lakes Renewable Energy, Inc. to Lignetics, Inc. (a holding of Taglich Private Equity, LLC).
  • The acquisition closed March 31, 2021.\nLocated in Hayward, Wisconsin, Great Lakes Renewable Energy (GLRE) is a wood pellet manufacturer specializing in BBQ wood pellets, primarily under the Lumber Jack Grilling Pellets brand.
  • For more information on TPE, visit https://taglichpe.com/ .\nGenerational Capital Markets\xe2\x80\x99 Senior Managing Director of Mergers & Acquisitions, Phil Pizzurro , successfully closed the deal.
  • Generational Capital wholly owns Generational Capital Markets, Inc ., Member FINRA/SIPC.

New Fortress Energy to Supply Natural Gas to Norsk Hydro’s Alunorte Alumina Refinery in the State of Pará, Brazil

Thursday, April 15, 2021 - 10:35pm

The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.\nThis communication contains forward-looking statements.

Key Points: 
  • The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.\nThis communication contains forward-looking statements.
  • All statements contained in this communication other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results.
  • Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties.
  • These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of NFE\xe2\x80\x99s forward-looking statements.

New Fortress Energy Completes Acquisition of Hygo Energy Transition Ltd. and Golar LNG Partners, LP

Thursday, April 15, 2021 - 10:30pm

"\nA simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com.

Key Points: 
  • "\nA simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newfortressenergy.com.
  • Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties.
  • These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of NFE\xe2\x80\x99s forward-looking statements.
  • Furthermore, we cannot guarantee future results, events, levels of activity, performance, projections or achievements.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210415006086/en/\n'

BWX Technologies to Webcast Discussion of its First Quarter 2021 Results on Tuesday, May 4

Thursday, April 15, 2021 - 9:05pm

b'BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will webcast a discussion of its first quarter 2021 results on Tuesday, May 4, 2021, at 9:00 a.m. EDT.

Key Points: 
  • b'BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will webcast a discussion of its first quarter 2021 results on Tuesday, May 4, 2021, at 9:00 a.m. EDT.
  • The company will issue a press release detailing the results after market close on Monday, May 3.\nListen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors .
  • All participants should ask to be joined into the BWX Technologies (BWXT) call.
  • A replay of the call will remain available on the BWXT website for a limited time.\nAt BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven.

Renewable Energy Group Hires R. Craig Bealmear as Chief Financial Officer

Thursday, April 15, 2021 - 9:05pm

b"Renewable Energy Group, Inc. (NASDAQ: REGI) announced today that the company has hired R. Craig Bealmear as Chief Financial Officer, effective April 19, 2021.\nThis press release features multimedia.

Key Points: 
  • b"Renewable Energy Group, Inc. (NASDAQ: REGI) announced today that the company has hired R. Craig Bealmear as Chief Financial Officer, effective April 19, 2021.\nThis press release features multimedia.
  • REG is North America\xe2\x80\x99s largest producer of biodiesel and an industry leading producer of renewable diesel.
  • In 2020, REG produced 519 million gallons of cleaner fuel delivering over 4.2 million metric tons of carbon reduction.
  • These forward-looking statements are based on current expectations and assumptions, are subject to change, and actual results may differ materially.