Earthquake

Shanghai Electric Launches 11 MW Direct-Drive Turbine Petrel Platform SEW11.0-208

Friday, October 15, 2021 - 3:00am

SHANGHAI, Oct. 15, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) announced the release of its latest offshore wind turbine model, Petrel platform SEW11.0-208, at a forum themed around "zero carbon" that invited the leaders in China's wind power industry to shed light on opportunities in the context of China's commitment to carbon emissions reduction.

Key Points: 
  • SHANGHAI, Oct. 15, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) announced the release of its latest offshore wind turbine model, Petrel platform SEW11.0-208, at a forum themed around "zero carbon" that invited the leaders in China's wind power industry to shed light on opportunities in the context of China's commitment to carbon emissions reduction.
  • SEW11.0-208 is the first offshore wind turbine to take full advantage of the prowess of Shanghai Electric's self-developed Petrel platform that is purpose-built to withstand high temperatures, humidity andsalt, as well as changeable and complex marine environments such as earthquakes and typhoons.
  • As a fully digitized smart wind turbine, SEW11.0-208 is also supercharged by Shanghai Electric's Fengyun system, a cloud-based remote management platform, to boost operational efficiency and profitability for developers.
  • The launch of our Petrel platform is a huge achievement for Shanghai Electric, which marks an important leap forward in our journey as we explore better and superior new energy products and solutions that lead the world stepping towards a greener future," said Jin Xiaolong, Vice President of Shanghai Electric.

Shanghai Electric Launches 11 MW Direct-Drive Turbine Petrel Platform SEW11.0-208

Friday, October 15, 2021 - 2:36am

SHANGHAI, Oct. 14, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) announced the release of its latest offshore wind turbine model, Petrel platform SEW11.0-208, at a forum themed around "zero carbon" that invited the leaders in China's wind power industry to shed light on opportunities in the context of China's commitment to carbon emissions reduction.

Key Points: 
  • SHANGHAI, Oct. 14, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.HK) announced the release of its latest offshore wind turbine model, Petrel platform SEW11.0-208, at a forum themed around "zero carbon" that invited the leaders in China's wind power industry to shed light on opportunities in the context of China's commitment to carbon emissions reduction.
  • SEW11.0-208 is the first offshore wind turbine to take full advantage of the prowess of Shanghai Electric's self-developed Petrel platform that is purpose-built to withstand high temperatures, humidity andsalt, as well as changeable and complex marine environments such as earthquakes and typhoons.
  • As a fully digitized smart wind turbine, SEW11.0-208 is also supercharged by Shanghai Electric's Fengyun system, a cloud-based remote management platform, to boost operational efficiency and profitability for developers.
  • The launch of our Petrel platform is a huge achievement for Shanghai Electric, which marks an important leap forward in our journey as we explore better and superior new energy products and solutions that lead the world stepping towards a greener future," said Jin Xiaolong, Vice President of Shanghai Electric.

Davidson Hospitality Group Appointed New Management Company For Charleston's Iconic Mills House Hotel

Thursday, October 14, 2021 - 1:32pm

"It's a privilege to be granted the opportunity to expand our Charleston footprint even further with the addition of this historic asset," said Davidson Hospitality Group President Thom Geshay.

Key Points: 
  • "It's a privilege to be granted the opportunity to expand our Charleston footprint even further with the addition of this historic asset," said Davidson Hospitality Group President Thom Geshay.
  • In the city of Charleston, Pivot also operates Hotel Bella Grace and The Ryder Hotel.
  • Davidson Hospitality Group is an award-winning, full-service hospitality management company comprised of 67 existing hotels and resorts; more than 165 restaurants, bars and lounges; and nearly 1.5 million square feet of meeting space across the United States.
  • In keeping with the company's heritage of delivering value, Davidson Hospitality Group is comprised of four highly specialized operating verticals: Davidson Hotels, Pivot, Davidson Resorts and Davidson Restaurant Group.

AutoGrid Details Additional $85M in Funding to Accelerate Deployment of Virtual Power Plants

Thursday, October 14, 2021 - 12:05pm

Funding will be used for general corporate purposes to advance global brand expansion and implementation of the technology roadmap.

Key Points: 
  • Funding will be used for general corporate purposes to advance global brand expansion and implementation of the technology roadmap.
  • A portion of the funding is also set to be used to purchase equity back from certain existing shareholders.
  • AutoGrid's AI-powered Virtual Power Plant Platform technology enables immediate climate action by offering a sustainable, resilient and cost-effective alternative to legacy peaker plants.
  • The new funding will be used to expand AutoGrid Flex platform's capabilities and accelerate deployment at a global scale.

The Earthquake Commission of New Zealand Subscribes to Guidewire Cloud to Simplify Claims IT Operations

Tuesday, October 12, 2021 - 9:30pm

Guidewire Software, Inc. (NYSE: GWRE) today announced that the Earthquake Commission of New Zealand (EQC), a Crown Entity responsible for providing residential natural disaster coverage throughout New Zealand, has subscribed to Guidewire ClaimCenter on Guidewire Cloud to power its claims management system and simplify its IT operations.

Key Points: 
  • Guidewire Software, Inc. (NYSE: GWRE) today announced that the Earthquake Commission of New Zealand (EQC), a Crown Entity responsible for providing residential natural disaster coverage throughout New Zealand, has subscribed to Guidewire ClaimCenter on Guidewire Cloud to power its claims management system and simplify its IT operations.
  • The company plans to simultaneously implement ClaimCenter on Guidewire Cloud across all of its personal lines of business.
  • We welcome the Earthquake Commission to the Guidewire Cloud, said Roland Slee, Managing Director, Asia-Pacific, Guidewire Software.
  • The Earthquake Commission (EQC) is a New Zealand Government Crown entity with functions set out under Section 5 of the Earthquake Commission Act 1993 (the Act).

Everbridge to Present at COP26 World Climate Summit on the Importance of Technology to De-risking Climate Change

Tuesday, October 12, 2021 - 1:30pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211012005646/en/
    Everbridge to Present at COP26 World Climate Summit on the Importance of Technology to De-risking Climate Change (Graphic: Business Wire)
    The workshop, led by Everbridges Chief Experience Officer Dr. John Maeda, will take place on November 8, 2021, from 11:30-12:30 (GMT) in Glasgow , at the World Climate Summit The Investment COP, recognized as one of the most important official side events of COP26, the leading forum for business and investment-driven solutions to climate change.
  • Dr. John Maeda and Chief Communications Officer Jessica Deckinger will showcase global examples of the critical advantages of software technology for minimizing loss and damage as organizations adapt to extreme climate events.
  • Dr. Maedas background includes serving as a MIT-trained engineer and researcher, Silicon Valley venture capital partner, and acclaimed TED-talk presenter.
  • All Everbridge products are trademarks of Everbridge, Inc. in the USA and other countries.

Brookfield Reinsurance Closes $10 Billion Reinsurance Deal with American Equity Investment Life Insurance Company

Monday, October 11, 2021 - 11:55am

Particularly, statements about Brookfield Reinsurances arrangement with AEILIC to reinsure additional liabilities on a flow basis and Brookfield Reinsurances agreement to acquire the additional equity interest in AEL Holdco, including receipt of the required regulatory approvals, are forward-looking statements.

Key Points: 
  • Particularly, statements about Brookfield Reinsurances arrangement with AEILIC to reinsure additional liabilities on a flow basis and Brookfield Reinsurances agreement to acquire the additional equity interest in AEL Holdco, including receipt of the required regulatory approvals, are forward-looking statements.
  • We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect its results.
  • Except as required by law, Brookfield Reinsurance undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.
  • Certain of the information contained herein is based on or derived from information provided by independent third-party sources.

Colocation Investments to Propel the Mexico & Brazil Data Center Markets - Arizton

Wednesday, October 6, 2021 - 2:20pm

Brazil data center market size will witness investments of USD 3.09 billion by 2026, growing at a CAGR of 9.63% during 2021-2026.

Key Points: 
  • Brazil data center market size will witness investments of USD 3.09 billion by 2026, growing at a CAGR of 9.63% during 2021-2026.
  • Arizton has identified about 43 unique data center facilities and 10 upcoming facilities in Brazil.
  • IPXON Networks, Nabiax, Serveris Data Center Services, Digital Realty (Ascenty), KIO Networks, and Equinix (Axtel) are some of the major data center colocation providers in Mexico.
  • Equinix entered the Mexico data center market in January 2020, investing over USD 185 million in the acquisition of three data centers of Axtel.

Colocation Investments to Propel the Mexico & Brazil Data Center Markets - Arizton

Wednesday, October 6, 2021 - 2:21pm

Brazil data center market size will witness investments of USD 3.09 billion by 2026, growing at a CAGR of 9.63% during 2021-2026.

Key Points: 
  • Brazil data center market size will witness investments of USD 3.09 billion by 2026, growing at a CAGR of 9.63% during 2021-2026.
  • Arizton has identified about 43 unique data center facilities and 10 upcoming facilities in Brazil.
  • IPXON Networks, Nabiax, Serveris Data Center Services, Digital Realty (Ascenty), KIO Networks, and Equinix (Axtel) are some of the major data center colocation providers in Mexico.
  • Equinix entered the Mexico data center market in January 2020, investing over USD 185 million in the acquisition of three data centers of Axtel.

CN Responds to TCI’s Misleading Claims

Friday, October 1, 2021 - 1:00pm

MONTREAL, Oct. 01, 2021 (GLOBE NEWSWIRE) -- CN (TSX: CNR, NYSE: CNI) today responded to the numerous misleading claims and inconsistencies in recent disclosures by CIFF Capital and TCI (collectively “TCI”), which, in addition to being a shareholder of CN is the largest shareholder of Canadian Pacific ("CP"), CN’s direct competitor and Canada’s second-largest Class 1 railroad.

Key Points: 
  • Material published this week by TCI contains only one paragraph about its plans for CN, and what they say sounds remarkably similar to what CN is already doing.
  • Contrary to the false narrative TCI is propagating, CNs bid for KCS was the right strategic move for CN, and it resulted in multiple benefits for CN.
  • All claims by TCI of CN facing US$2 billion losses have been proven to be blatantly false; in fact, CN gained US$700 million in break-up fees.
  • On this point, CN agrees with TCI: CN has indeed built, a unique asset the best rail network in North America.