Wind

NextEra Energy Partners announces organizational changes

Retrieved on: 
Monday, May 6, 2024

Following that announcement, NextEra Energy Partners, LP (NYSE: NEP) today is announcing that Brian Bolster is appointed chief financial officer (CFO), NextEra Energy Partners, succeeding Mr. Crews.

Key Points: 
  • Following that announcement, NextEra Energy Partners, LP (NYSE: NEP) today is announcing that Brian Bolster is appointed chief financial officer (CFO), NextEra Energy Partners, succeeding Mr. Crews.
  • Mr. Bolster will report directly to John Ketchum, chairman and chief executive officer, NextEra Energy Partners, LP.
  • NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE).
  • NextEra Energy Partners' strategy emphasizes acquiring, managing and owning contracted clean energy assets with stable, long-term cash flows with a focus on renewable energy projects.

NextEra Energy announces organizational changes

Retrieved on: 
Monday, May 6, 2024

JUNO BEACH, Fla., May 6, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that Kirk Crews is appointed to the role of executive vice president and chief risk officer, NextEra Energy.

Key Points: 
  • JUNO BEACH, Fla., May 6, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that Kirk Crews is appointed to the role of executive vice president and chief risk officer, NextEra Energy.
  • "Expanding our senior leadership team positions NextEra Energy to lead the energy transition and capitalize on the substantial growth opportunities in front of us.
  • In March 2019, he was appointed to the position of vice president, business management, NextEra Energy Resources and in March 2022 was appointed to his current role as executive vice president, finance and CFO, NextEra Energy.
  • NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage.

Green Technologies and Solutions for Sustainable Development: Leading Global Market Transformation

Retrieved on: 
Monday, May 6, 2024

BOSTON, May 6, 2024 /PRNewswire/ -- According to the latest BCC Research study, the demand for Green Technologies and Sustainability Solutions: Global Market will reach $47.8 billion by the end of 2028, at a compound annual growth rate (CAGR) of 19.3% during the forecast period.

Key Points: 
  • This report provides a comprehensive analysis of the global green technology and sustainability market, segmented by technology type, industry, and geography.
  • The report provides a comprehensive outlook of the global green technology market through forecasts and estimates that outline its expected growth trajectory through 2028.
  • To know more about Green Technologies and Sustainability Solutions: Global Market Report, click here for details.
  • Key Drivers of Green Technologies and Sustainability Solutions: Global Market
    Growing Support from Large Organizations and Associations: Major corporations, industry groups, and global organizations are realizing the importance of going green.

Rally Outside Berkshire Hathaway Shareholder Meeting Highlights Multi-State, Anti-Consumer Energy Policy

Retrieved on: 
Saturday, May 4, 2024

OMAHA, Neb., May 4, 2024 /PRNewswire/ -- Outside of Berkshire Hathaway's annual shareholder meeting today, nonprofit organizations hosted a rally to raise awareness about the anti-consumer policies of the company's energy division. The energy utilities run by Berkshire, unlike other companies in the Berkshire portfolio, have complete monopolies over their service territory. 

Key Points: 
  • OMAHA, Neb., May 4, 2024 /PRNewswire/ -- Outside of Berkshire Hathaway's annual shareholder meeting today, nonprofit organizations hosted a rally to raise awareness about the anti-consumer policies of the company's energy division.
  • The energy utilities run by Berkshire, unlike other companies in the Berkshire portfolio, have complete monopolies over their service territory.
  • Berkshire Hathaway Energy owns and operates utilities serving 11 states across the U.S., including PacifiCorp (Western U.S.), MidAmerican Energy (Iowa), and NV Energy (Nevada).
  • Greg Abel, Chairman and CEO of Berkshire Hathaway Energy, has been named as Berkshire Chairman Warren Buffet's successor.

U.S.-based Iozera announces MOU with Government of Morocco for Launch of Eco-Friendly AI Data Center in Morocco

Retrieved on: 
Saturday, May 4, 2024

Iozera has announced the signing of a Memorandum of Understanding (MOU) for the establishment of a pioneering 386MW Data Center and AI Hub in Tetouan, Morocco.

Key Points: 
  • Iozera has announced the signing of a Memorandum of Understanding (MOU) for the establishment of a pioneering 386MW Data Center and AI Hub in Tetouan, Morocco.
  • Eureka Park is set to establish a premier global technology AI Hub in Tetouan, Morocco, centered around the 386MW Hyperscale AI Data Center named Iozera.
  • Iozera AI Data Center: Engineered for advanced AI computation and traditional data storage, attracting leading tech companies and researchers from around the world.
  • GenV Data Management Services: Focuses on AI training, data management, labeling, and annotating, creating employment opportunities while also pioneering secure AI training/modeling.

ODU Confers More Than 2,600 Degrees During its 2024 Spring Commencement Exercises

Retrieved on: 
Saturday, May 4, 2024

In a culminating moment, on May 3 and 4, the University conferred 2,008 undergraduate and 687 graduate degrees to students in two commencement ceremonies.

Key Points: 
  • In a culminating moment, on May 3 and 4, the University conferred 2,008 undergraduate and 687 graduate degrees to students in two commencement ceremonies.
  • On May 4, undergraduate degrees were presented in an outdoor ceremony at Kornblau Field in S.B.
  • Barry Knight, who has represented the 98th district in the Virginia General Assembly since 2009, making him an official alumnus of ODU.
  • During the advanced degree ceremony, held on May 3 at Chartway Arena, education specialist, master’s and doctoral degrees were awarded.

Asia-Pacific Solid-State Battery Market Analysis and Forecasts, 2023-2024 and 2032: Rising Demand for EVs, Portable Devices, and Renewable Energy Storage Solutions - ResearchAndMarkets.com

Retrieved on: 
Friday, May 3, 2024

The "Asia-Pacific Solid-State Battery Market: Focus on Electrolyte Type, Battery Type, Capacity, Application, and Country - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia-Pacific Solid-State Battery Market: Focus on Electrolyte Type, Battery Type, Capacity, Application, and Country - Analysis and Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.
  • With the rising demand for electric vehicles (EVs), portable devices, and renewable energy storage solutions, there is a greater need for enhanced energy storage technologies that provide higher energy density, more safety, and a longer lifespan.
  • Furthermore, the growing use of renewable energy sources such as solar and wind power increases the demand for innovative energy storage systems in APAC countries.
  • Overall, the APAC solid-state battery market provides tremendous prospects for industry players to capitalize on the region's growing demand for high-performance, safe, and sustainable energy storage solutions across various sectors.

Triple-I Stresses Preparedness for ‘Very Active’ 2024 Atlantic Hurricane Season

Retrieved on: 
Friday, May 3, 2024

A typical Atlantic hurricane season has 14 named storms, seven hurricanes and three major hurricanes.

Key Points: 
  • A typical Atlantic hurricane season has 14 named storms, seven hurricanes and three major hurricanes.
  • With more Americans living in harm’s way than ever before, it is critical for everyone residing in a hurricane-prone community to make preparedness a priority for the upcoming season,” Kevelighan added.
  • National Hurricane Preparedness Week , spearheaded by the National Oceanic and Atmospheric Administration (NOAA), starts on Sunday, May 5, and continues through Saturday, May 11.
  • The Triple-I’s four key hurricane preparedness tips for the 2024 season include:
    Review Your Insurance Coverage.

Magnachip Reports Results for First Quarter 2024

Retrieved on: 
Thursday, May 2, 2024

A reconciliation of GAAP results to non-GAAP results is included in this press release.

Key Points: 
  • A reconciliation of GAAP results to non-GAAP results is included in this press release.
  • Beginning in Q1, the Company begins reporting results under its newly organized businesses: MSS (Mixed-Signal Solutions) and PAS (Power Analog Solutions).
  • While actual results may vary, Magnachip currently expects the following:
    Consolidated revenue to be in the range of $49 to $54 million, including approximately $1.5 million of Transitional Foundry Services.
  • These statements are not guarantees of future performance and actual results could differ materially from our current expectations.

AM Best Downgrades Issuer Credit Rating of Western Mutual Insurance Pool’s Members, Affirms Financial Strength Rating

Retrieved on: 
Thursday, May 2, 2024

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Western Mutual Insurance Pool’s members: Western Mutual Insurance Company, Residence Mutual Insurance Company and Arizona Home Insurance Company (Scottsdale, AZ) (collectively referred to as Western Mutual).

Key Points: 
  • AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Western Mutual Insurance Pool’s members: Western Mutual Insurance Company, Residence Mutual Insurance Company and Arizona Home Insurance Company (Scottsdale, AZ) (collectively referred to as Western Mutual).
  • Mitigating water-related losses is a central focus as Western Mutual continues to tighten underwriting guidelines and refine the risk portfolio.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.