Coal

Capital Power announces its inaugural Green Subordinated Notes offering

Retrieved on: 
Friday, August 19, 2022 - 1:50am

EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).

Key Points: 
  • EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).
  • The Offering represents the Companys first green bond offering pursuant to its recently released Green Financing Framework, which Sustainalytics reviewed and provided a second-party opinion confirming its credibility.
  • Capital Power (TSX: CPX) is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.
  • Capital Power owns approximately 6,600 MW of power generation capacity at 27 facilities across North America.

RC Technologies Unveils Roadmap for Spreading Its Decarbonization Hubs Across the Globe By 2023

Retrieved on: 
Thursday, August 18, 2022 - 6:10pm

By setting up its carbon capture hubs, it aims to utilize its groundbreaking technologies to reduce greenhouse gas emissions by directly removing CO2 from the atmosphere.

Key Points: 
  • By setting up its carbon capture hubs, it aims to utilize its groundbreaking technologies to reduce greenhouse gas emissions by directly removing CO2 from the atmosphere.
  • The proposed carbon capture hubs are set to be established with the help of its advanced proprietary Direct Air Capture technology.
  • RC Technologies is focusing its carbon capture initiative on cities, because of their amplified role in climate change and carbon emissions.
  • Founded by Raciel Castillo, RC Technologies is a US-based, global firm, creating Direct Air Capture carbon capture hubs around the world.

Red Rock Biofuels, Frontline BioEnergy Successfully Gasify Residual Woody Biomass Into Syngas for Production of Sustainable Aviation Fuel

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Thursday, August 18, 2022 - 7:00pm

Red Rock Biofuels LLC, a next-generation producer of low-carbon biofuels, and Frontline BioEnergy, a leading provider of waste and biomass gasification solutions, announce that they have successfully tested their innovative technology that gasifies Red Rocks residual woody biomass feedstock into high quality syngas for production of sustainable aviation fuel (SAF) and renewable diesel.

Key Points: 
  • Red Rock Biofuels LLC, a next-generation producer of low-carbon biofuels, and Frontline BioEnergy, a leading provider of waste and biomass gasification solutions, announce that they have successfully tested their innovative technology that gasifies Red Rocks residual woody biomass feedstock into high quality syngas for production of sustainable aviation fuel (SAF) and renewable diesel.
  • The tests demonstrated TarFreeGas gasifier production of high-quality syngas with excellent tar conversion, as well as PMFreeGas removal of char and ash from the syngas.
  • The resulting syngas was shown to be suitable for further processing into SAF and renewable diesel.
  • Red Rock is building one of the worlds first commercial-scale cellulosic biorefineries in Lakeview, Oregon to convert woody biomass residue into SAF and cellulosic renewable diesel fuels.

Capital Power considers first ever Green hybrid subordinated debt securities offering in Canada

Retrieved on: 
Thursday, August 18, 2022 - 5:55pm

EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it is considering an offering of the first ever Green hybrid subordinated debt securities (the Notes) in Canada under its short form base shelf prospectus dated June 10, 2022.

Key Points: 
  • EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it is considering an offering of the first ever Green hybrid subordinated debt securities (the Notes) in Canada under its short form base shelf prospectus dated June 10, 2022.
  • There is no certainty that Capital Power will ultimately complete the offering being considered or as to the timing or terms on which such an offering might be completed.
  • Capital Power (TSX: CPX) is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.
  • Capital Power owns approximately 6,600 MW of power generation capacity at 27 facilities across North America.

Index Accelerates Digitalization of Port Commodity Trade and Helps Realize Interconnection between Industrial Chain and Supply Chain

Retrieved on: 
Thursday, August 18, 2022 - 3:17pm

The RCEP Seaborne Trade Index Report 2022 took the 14 member countries except for Laos of the RCEP as the research objects and selected six major categories of cargo, including container cargo, iron ore, coal, petroleum products, LNG, and automobiles, which accounted for about two-thirds of the RCEP seaborne trade volume, as the analysis objects to reflect the annual development trend of the RCEP seaborne trade from the two dimensions -- overall trade volume and seaborne trade volume. The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019). The report also pointed out that it would have a positive effect on the seaborne trade of goods in the region in the future, driving the RCEP Seaborne Trade Index to further go up, with the liberalization and facilitation of RCEP trade in goods as well as the continuous deepening of the rules for accumulation in the region of origin.

Key Points: 
  • Experts believed that the high-standard interconnection infrastructure for the industrial chain and supply chain could be provided by accurately depicting the changes in port commodity trade as well as achieving the efficient linkage among port shipping, commodities, and trade.
  • Ningbo-Zhoushan Port, Qingdao Port, Shenzhen Port, and Busan Port were rated as Class B.
  • Xinhua-SPG Port Commodity Index was jointly developed and compiled by Shandong Port Group and China Economic Information Service.
  • The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019).

Index Accelerates Digitalization of Port Commodity Trade and Helps Realize Interconnection between Industrial Chain and Supply Chain

Retrieved on: 
Thursday, August 18, 2022 - 2:48pm

The RCEP Seaborne Trade Index Report 2022 took the 14 member countries except for Laos of the RCEP as the research objects and selected six major categories of cargo, including container cargo, iron ore, coal, petroleum products, LNG, and automobiles, which accounted for about two-thirds of the RCEP seaborne trade volume, as the analysis objects to reflect the annual development trend of the RCEP seaborne trade from the two dimensions -- overall trade volume and seaborne trade volume. The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019). The report also pointed out that it would have a positive effect on the seaborne trade of goods in the region in the future, driving the RCEP Seaborne Trade Index to further go up, with the liberalization and facilitation of RCEP trade in goods as well as the continuous deepening of the rules for accumulation in the region of origin.

Key Points: 
  • Experts believed that the high-standard interconnection infrastructure for the industrial chain and supply chain could be provided by accurately depicting the changes in port commodity trade as well as achieving the efficient linkage among port shipping, commodities, and trade.
  • Ningbo-Zhoushan Port, Qingdao Port, Shenzhen Port, and Busan Port were rated as Class B.
  • Xinhua-SPG Port Commodity Index was jointly developed and compiled by Shandong Port Group and China Economic Information Service.
  • The RCEP Seaborne Trade Index was 101.1 in 2021, which had exceeded the highest level before the COVID-19 pandemic (2019).

CANADA’S GAS SHOULD BECOME THE WORLD’S GAS

Retrieved on: 
Thursday, August 18, 2022 - 1:31pm

Canadas natural gas is abundant and among the cleanest in the world in terms of carbon content, providing an important part of the solution to the global climate crisis, according to the new report A Leadership Blueprint for Canadas High-ESG Gas released today.

Key Points: 
  • Canadas natural gas is abundant and among the cleanest in the world in terms of carbon content, providing an important part of the solution to the global climate crisis, according to the new report A Leadership Blueprint for Canadas High-ESG Gas released today.
  • It comes as German Chancellor Olaf Scholz is to visit Canada next week to lobby for liquefied natural gas (LNG) terminals on Canadas East Coast.
  • Gas offers us an opening to make the sort of disproportionate contribution to our allies and the global good that Canadians have always craved.
  • The report notes, too, the paradox faced by Canadians that developing Canadas gas to become the worlds gas puts pressure on domestic climate targets even as it contributes to lowering global emissions.

Underground Church Pioneering A "Move of Love" in Afghanistan Despite Growing Fear

Retrieved on: 
Thursday, August 18, 2022 - 1:32pm

NAMPA, Idaho, Aug. 18, 2022 /PRNewswire/ -- Global Catalytic Ministries (GCM), a leader in disciple-making ministry in the Middle East, announces that the underground church in Afghanistan is pioneering a "move of love" through humanitarian efforts pointing to hope in Christ. Stories of the immense impact these actions are producing continue to come in from underground church leaders, highlighting the power of the Holy Spirit-led discipleship efforts. Yet there is still more to be done to help the people of Afghanistan.

Key Points: 
  • NAMPA, Idaho, Aug. 18, 2022 /PRNewswire/ -- Global Catalytic Ministries (GCM), a leader in disciple-making ministry in the Middle East, announces that the underground church in Afghanistan is pioneering a "move of love" through humanitarian efforts pointing to hope in Christ.
  • Stories of the immense impact these actions are producing continue to come in from underground church leaders, highlighting the power of the Holy Spirit-led discipleship efforts.
  • One underground church leader shares that 4 orphans, who are believers, were forced to watch as their brother was executed right in front of their eyes.
  • The documentaries, "Sheep Among Wolves Volume 1 and Volume 2 ", expose the experiences of GCM underground church leaders as true sheep among wolves.

Babcock & Wilcox Awarded $42 Million Contract for Installation of Environmental Equipment for U.S. Power Plant

Retrieved on: 
Thursday, August 18, 2022 - 11:30am

Babcock & Wilcox (B&W) (NYSE: BW) announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded a contract for approximately $42 million to provide construction and installation services for an environmental upgrade project at a U.S. power plant.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded a contract for approximately $42 million to provide construction and installation services for an environmental upgrade project at a U.S. power plant.
  • We have significant experience and expertise in large environmental installation projects to help the U.S. power fleet continue to operate cleanly and efficiently, said B&W Executive Vice President and Chief Operating Officer Jimmy Morgan.
  • BWCCs project scope includes the modification of the plants environmental equipment to optimize the plants operation.
  • Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide.

EQS-News: PJSC Mechel : MECHEL REPORTS 1H2022 OPERATIONAL RESULTS

Retrieved on: 
Thursday, August 18, 2022 - 10:02am

Moscow, Russia August 18, 2022 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports 1H2022 and 2Q2022 operational results.

Key Points: 
  • Moscow, Russia August 18, 2022 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports 1H2022 and 2Q2022 operational results.
  • The investment program aimed at upgrading the mining equipment led to increased mining volumes both quarter-on-quarter and and in 1H2022 compared to 1H2021.
  • In 1Q2022, wagonbuilders actively replenished their stock of railway axles, which reflected on the 1H2022 stampings sales.
  • The 26-percent decrease in electricity generation in 1H2022 was due to planned repairs and maintenance at the companys heat and electricity generators.