Wind

ThayerMahan and Ocius Announce Collaboration and Demonstration at AUSVI XPONENTIAL off San Diego April 23-25

Retrieved on: 
Monday, April 8, 2024

The collaboration places ThayerMahan's Outpost system of acoustic sensors and digital signal processing aboard Ocius' Bluebottle Unmanned Surface Vessel.

Key Points: 
  • The collaboration places ThayerMahan's Outpost system of acoustic sensors and digital signal processing aboard Ocius' Bluebottle Unmanned Surface Vessel.
  • ThayerMahan CEO Mike Connor stated, "The speed, maneuverability, and seakeeping characteristics of the Bluebottle USV will allow us to maximize the performance of our sensors."
  • Ocius CEO Robert Dane noted, "Ocius USV expertise and ThayerMahan sensing expertise are a winning combination.
  • We look forward to working together off San Diego at the AUSVI XPONENTIAL event April 23-25."

Home service experts say April is great time to prepare homes for severe weather

Retrieved on: 
Monday, April 8, 2024

BROOKLYN, N.Y., April 8, 2024 /PRNewswire/ -- With the Farmer's Almanac predicting "cool, wet and thundery" weather for New York this spring, Petri Plumbing, Heating, Cooling & Drain Cleaning, a family-owned home service company serving Brooklyn and Manhattan since 1906, wants to remind homeowners that spring is a great time to prepare homes for severe weather.

Key Points: 
  • "Severe weather week is a great time to get prepared so that bad weather doesn't take you by surprise," said Michael Petri, owner of Petri Plumbing, Heating, Cooling & Drain Cleaning.
  • "Homeowners can help fortify their homes against bad weather with a few simple steps.
  • In addition to protecting their homes from damage, these tips could save the lives of loved ones."
  • "Unfortunately, we all have to deal with severe weather at one time or another," Petri said.

Brookfield Renewable Announces $150 Million Green Perpetual Subordinated Note Issuance and Intention to Redeem Series 15 Preferred Units

Retrieved on: 
Monday, March 25, 2024

BROOKFIELD, News, March 25, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) and Brookfield Renewable Corporation (NYSE, TSX: BEPC) (together with Brookfield Renewable Partners L.P., “Brookfield Renewable”) today announced the closing of the issuance of a series of $150 million of fixed rate green perpetual subordinated notes (the “sub notes”), which upon settling of a concurrently executed Canadian dollar swap have an effective coupon rate of 6.78%. The sub notes, which have a coupon of 7.25%, will be listed on the New York Stock Exchange under the symbol “BEPJ” and have the same accounting and rating treatment as our Preferred Limited Partnership (“LP”) Units.

Key Points: 
  • The sub notes will represent Brookfield Renewable’s thirteenth green labelled corporate securities issuance and the second issuance under Brookfield Renewable’s 2024 Green Financing Framework.
  • Brookfield Renewable intends to redeem all of its outstanding Series 15 Preferred Units (TSX: BEP.PR.O) for cash on April 30, 2024.
  • Holders of Series 15 Preferred Units of record as of April 15, 2024 will receive the previously declared final quarterly distribution of C$0.359375 per Series 15 Preferred Unit.
  • Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager with over $900 billion of assets under management.

At the Yacht Club de Monaco yachts become ‘smarter’

Retrieved on: 
Monday, March 25, 2024

MONACO, March 25, 2024 (GLOBE NEWSWIRE) -- Yacht Club de Monaco are promoting sustainable solutions for the luxury yachting sector.

Key Points: 
  • MONACO, March 25, 2024 (GLOBE NEWSWIRE) -- Yacht Club de Monaco are promoting sustainable solutions for the luxury yachting sector.
  • It is the aim of the Monaco Smart Yacht Rendezvous supported by Ubs, Sindalah, the shipyards MB92 Group and Wider Yachts.
  • Among 350 participants, 5 finalists in startup and scaleup categories were selected by a jury of experts for the Smart Innovative Yacht Awards.
  • Organised in collaboration with the Prince Albert II of Monaco Foundation, the event gathered innovation experts, architects and yachting enthusiasts from all over the world.

Northland Power Announces President and Chief Executive Officer Leadership Transition

Retrieved on: 
Monday, March 25, 2024

TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced that Mike Crawley, Northland’s President and Chief Executive Officer, and the Board of Directors have agreed to a change in leadership for the Company.

Key Points: 
  • TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced that Mike Crawley, Northland’s President and Chief Executive Officer, and the Board of Directors have agreed to a change in leadership for the Company.
  • As such, Mr. Crawley, after leading Northland for the past six years, will be stepping down from his role.
  • Under the succession plan, Mr. Crawley will remain with Northland until September 30, 2024.
  • John Brace, Chair of the Board of Directors, has been appointed Executive Chair as of today and will act as a bridge between Mr. Crawley and the next President & CEO as part of the transition.

Labour market tightness in Nova Scotia is expected to persist over the short term

Retrieved on: 
Monday, March 25, 2024

BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for Nova Scotia today.

Key Points: 
  • BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for Nova Scotia today.
  • “The challenge for Nova Scotia’s construction sector will be matching labour force growth with anticipated employment demands in the short term.
  • Based on current trends, Nova Scotia is expected to see elevated levels of immigration over the forecast period.
  • While progress is ongoing, initial efforts are showing encouraging signs,” says Trent Soholt, Executive Director of the Nova Scotia Construction Sector Council.

Atlantica Announces the Acquisition of Two Wind Assets in the United Kingdom

Retrieved on: 
Monday, March 25, 2024

March 25, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”), announced today that it completed the acquisition of a 100% equity interest stake in two wind assets, with a combined installed capacity of 32 MW in Scotland, United Kingdom.

Key Points: 
  • March 25, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”), announced today that it completed the acquisition of a 100% equity interest stake in two wind assets, with a combined installed capacity of 32 MW in Scotland, United Kingdom.
  • The assets are regulated under the UK green attribute regulation and are granted renewables obligation certificates until 2033.
  • They have demonstrated a solid operating track record and currently do not have any project debt.
  • The acquisition closed on March 22, 2024, and Atlantica’s investment amount was approximately $66 million.

Landos Biopharma Provides Business Update and Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 21, 2024

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Landos Biopharma, Inc. (NASDAQ: LABP) (“Landos” or “the Company”), a clinical-stage biopharmaceutical company developing novel, oral medicines for patients with autoimmune diseases, today provided a business update and reported financial results for the fourth quarter and the full year ended December 31, 2023.

Key Points: 
  • NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Landos Biopharma, Inc. (NASDAQ: LABP) (“Landos” or “the Company”), a clinical-stage biopharmaceutical company developing novel, oral medicines for patients with autoimmune diseases, today provided a business update and reported financial results for the fourth quarter and the full year ended December 31, 2023.
  • Top-line results are planned for the fourth quarter of 2024.
  • Research and development expenses were $3.1 million for the fourth quarter of 2023, compared to $3.4 million for the fourth quarter of 2022.
  • General and administrative expenses were $3.5 million for the fourth quarter of 2023, compared to $3.1 million for the fourth quarter of 2022.

New Industry Report Asks Whether 2024 is Living Up to Expectations for Offshore Wind?

Retrieved on: 
Thursday, March 21, 2024

The Q1 report looks at whether 2024 is still expected to deliver on that promise.

Key Points: 
  • The Q1 report looks at whether 2024 is still expected to deliver on that promise.
  • In 2023 the global offshore wind sector fully commissioned 7 GW, and this has been followed by 592 MW in Q1 2024.
  • Additionally, the report noted that 2024 is poised to witness a surge in corporate power purchase agreements (PPAs).
  • TGS releases regular intelligence reports on a wide variety of offshore energy subjects, powered by 4C Offshore market intelligence.

EnerGeo Alliance Testified during the “Energy Week” on the Necessity for Energy Geoscience Surveys to Grant Access to Reliable and Affordable Energy and Meet Future Energy Demand

Retrieved on: 
Wednesday, March 20, 2024

A vibrant geoscience industry is integral in meeting these lofty goals and well-defined efficient regulatory processes are required by U.S. and other policymakers.

Key Points: 
  • A vibrant geoscience industry is integral in meeting these lofty goals and well-defined efficient regulatory processes are required by U.S. and other policymakers.
  • “Policymakers should prioritize now the infrastructure required, including ensuring the efficient permitting of geoscience surveys needed for the identification and monitoring of the storage
    areas.
  • “Geoscience surveys provide the information governments and policymakers need to make informed decisions in the best interest of their citizens regarding accessing mainstay energy and alternative sources, as well as developing low-carbon strategies.
  • “At EnerGeo we are advocating to ensure all policymakers and energy companies have access to reliable data and analysis to support their forward-moving efforts.