BW

Charge Enterprises Reports Second Quarter 2023 Financial Results

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星期一, 八月 14, 2023
EV, Electric Vehicles, Automotive, Technology, Telecommunications, Green Technology, Alternative Energy, VoIP, Environment, Energy, Mobile, Wireless, Hardware, Result, Marketing, Financial condition report, OTC Markets Group, BW, Human, SMS, EBITDA, Acquisition, Investment, Analysis, Webcast, Depreciation, Growth, Security (finance), Adjustment, Note 2, Financial statement, Cryptocurrency, Insurance, Video game, Mobile phone, Pharmaceutical industry, Appendix

Revenues for the second quarter of 2023 decreased $33.5 million to $147.6 million, compared with $181.0 million in the second quarter of 2022.

Key Points: 
  • Revenues for the second quarter of 2023 decreased $33.5 million to $147.6 million, compared with $181.0 million in the second quarter of 2022.
  • Gross profit for the second quarter of 2023 increased $1.5 million to $7.7 million, compared with $6.3 million in the second quarter of 2022.
  • Net loss for the second quarter of 2023 was $8.8 million, compared with a net loss of $17.2 million in the second quarter of 2022.
  • Charge Enterprises, Inc. will host a webcast at 10:30 a.m. Eastern Time today to discuss the second quarter 2023 financial results.

Energy Capital Vietnam Signs Cooperation Agreement with SaigonTel and Allotrope Partners to Lead Green Infrastructure Development Alliance in Vietnam

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星期三, 八月 16, 2023
HOSE, Politburo, Long An province, BW, ECV, Climate, Investment, Environment, NYSE, Fossil fuel, Renewable energy, Allotropy

HOUSTON, Aug. 16, 2023 /PRNewswire/ -- At a conference on the Master Plan Announcement and Investment Promotion of Long An Province, Vietnam, Energy Capital Vietnam (ECV), SaigonTel (HOSE: SGT), Allotrope Partners LLC, Chart Industries, Inc. (NYSE: GTLS), and Babcock & Wilcox (NYSE: BW) signed a cooperation agreement to develop Vietnam's first net zero industrial parks and advance its national carbon emissions goals.

Key Points: 
  • Under the agreement, the partners will focus on developing and implementing net zero strategies at SaigonTel's Tan Tap and Nam Tan Tap Industrial Parks.
  • Marc Stuart, Founder and CEO of Allotrope Partners, said, "I was impressed by the caliber of the conversations regarding decarbonization at the event.
  • Thanks to SaigonTel and the Energy Capital Vietnam team for tireless work bringing all the pieces together."
  • Working with the experts at Allotrope Partners and a blue-chip company like SaigonTel enables us to bring this model to additional provinces and demonstrates our commitment to core values and delivering practical energy solutions in Vietnam."

DuPont™ FilmTec™ Prime RO Wins Energy and Sustainability Award from American Institute of Chemical Engineers

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星期三, 八月 9, 2023
IEX, NF, UF, United States Environmental Protection Agency, EDI, American Institute of Chemical Engineers, Sustainability reporting, DuPont, ISO, Taiwan Corporate Sustainability Awards, Water quality, Water, Rakesh Agrawal (chemical engineer), Resin, BW, Energy, GHG, Ultrafiltration, RO, Membrane, MBR, CO2, Water purification, Fine chemical, Sewage treatment

WILMINGTON, Del., Aug. 9, 2023 /PRNewswire/ -- DuPont Water Solutions today announced it has received the 2023 Energy and Sustainability Award from the American Institute of Chemical Engineers (AIChE) for developing a family of energy-efficient reverse osmosis (RO) membranes that contributes to the decarbonization of water purification.

Key Points: 
  • Analysis using U.S. Environmental Protection Agency tools indicates that Prime RO products have the potential to reduce global CO2 equivalent emissions by approximately 85,000 metric tons each year compared to legacy products.
  • These claims are compliant with ISO 14021 requirements and have been validated by Anthesis, a global sustainability advisory and solutions firm.
  • "This next generation of brackish water RO elements offers enhanced water quality and reduced energy consumption while maintaining the performance and durability customers expect from FilmTec™."
  • The Energy and Sustainability Award will be presented at the Institute's Honors Ceremony during the 2023 AIChE Annual Meeting in Orlando, Florida, on November 5, 2023.

Babcock & Wilcox Enterprises Reports Second Quarter 2023 Results

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星期二, 八月 8, 2023
Environment, Utilities, Oil, Gas, Coal, Alternative Energy, Sustainability, Green Technology, Energy, Nuclear, Renewable resource, Hydrogen, BW, GAAP, Research, Covenant Renewal Service, Carbon, ID, Sale, Internet, EBITDA, The Company, Work, Investment, Webcast, Growth, Depreciation, Biophysical environment, Adjustment, NYSE, Renewable energy, Video game, Bank

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the second quarter of 2023.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the second quarter of 2023.
  • Babcock & Wilcox Renewable segment revenues were $98.9 million for the second quarter of 2023, an increase of 31% compared to $75.2 million in the second quarter of 2022.
  • Babcock & Wilcox Environmental segment revenues were $48.7 million in the second quarter of 2023, an increase of 54% compared to $31.6 million in the second quarter of 2022.
  • Babcock & Wilcox Thermal segment revenues were $158.0 million in the second quarter of 2023, an increase of 36% compared to $116.3 million in the second quarter of 2022.

Babcock & Wilcox, General Hydrogen Corp. Agree to Key Terms for Sale of Carbon-Negative Hydrogen and CO2 Produced from Biomass at Louisiana Plant

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星期一, 八月 7, 2023
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Coal, Alternative Energy, Green Technology, Energy, Nuclear, Hydrogen, Partnership, B&W, BW, Carbon, NYSE, Primary energy, Ammonia, Transport, Nitrogen, Biomass, CO2, Babcock & Wilcox

B&W’s BrightLoop process is an innovative, scalable, chemical looping technology that can produce hydrogen from virtually any feedstock, including solid fuels such as waste wood and other types of biomass.

Key Points: 
  • B&W’s BrightLoop process is an innovative, scalable, chemical looping technology that can produce hydrogen from virtually any feedstock, including solid fuels such as waste wood and other types of biomass.
  • “B&W is focused on producing clean hydrogen or carbon-negative hydrogen in the U.S. and worldwide,” said Joe Buckler, B&W Senior Vice President, Clean Energy.
  • “We are evaluating other potential projects with General Hydrogen and look forward to working with them in support of their hydrogen customers.”
    The project also represents a geographic expansion for General Hydrogen Corp. and CGI Gases.
  • We’re pleased to be collaborating in multiple markets, leveraging B&W’s expertise with General Hydrogen Corp.’s operational and distribution experience.”
    B&W’s BrightLoop facility is targeted for operation in 2026.

Fluor Eyes CCS, Critical Mineral Markets as Backlog Grows, an Industrial Info News Alert

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星期二, 八月 8, 2023
Climate Change, Commercial Building & Real Estate, Manufacturing, Construction & Property, Mining, Minerals, Natural Resources, Green Technology, Oil, Gas, Environment, Energy, Engineering, Carbon, FLR, Carbon sequestration, Fluor Corporation, IIR, Atmosphere, Research, EPC, BW, GMI, Attention, Molybdenum, Rehabilitation, IRA, Grand Forks, North Dakota, USD, NYSE, Inflation, Freeport-McMoRan, Copper, Inflation Reduction Act of 2022, Lone Star Infrastructure, CCS, Growth, Minnkota Power Cooperative, ALB, Constable, News, CO2, Babcock & Wilcox, Lithium, FCX, Cryptocurrency, Video game, Fluor, Phoenix

Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can learn more from a detailed project report .

Key Points: 
  • Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can learn more from a detailed project report .
  • I think we've got 30 projects on the go, or at some mostly front-end work, and a few moving further on into EPC."
  • Copper is one of the most in-demand commodities worldwide, given its role as a critical mineral in battery and power-generation technology.
  • Industrial Info Resources (IIR) is the leading provider of industrial market intelligence.

Babcock & Wilcox Solar Energy, Inc. Awarded Community Solar Contracts Totaling $20 Million

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星期一, 七月 31, 2023
Environment, Climate Change, Environmental Policy, Engineering, Environmental Health, Sustainability, Alternative Energy, Manufacturing, Green Technology, Energy, EPC, BW, B&W, Acquisition, Safety, NYSE, Renewable energy, Operation

Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that its subsidiary, Babcock & Wilcox Solar Energy, Inc., has been awarded contracts totaling more than $20 million by Summit Ridge Energy, LLC, for the engineering, procurement and construction (EPC) of 25 megawatts of community solar energy projects in Illinois.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that its subsidiary, Babcock & Wilcox Solar Energy, Inc., has been awarded contracts totaling more than $20 million by Summit Ridge Energy, LLC, for the engineering, procurement and construction (EPC) of 25 megawatts of community solar energy projects in Illinois.
  • B&W has successfully executed multiple projects for Summit Ridge Energy, including a $15 million community solar project announced in March 2023 and a $20 million project announced in 2022.
  • Summit Ridge Energy has invested over $900 million in Illinois through the development and acquisition of 116 individual solar farms, located across 35 counties.
  • These projects have employed more than 3,500 construction workers and provide solar power savings to more than 20,000 Illinois ratepayers.

Babcock & Wilcox Awarded Contract to Study Bioenergy with Carbon Capture and Storage (BECCS) Conversion for Coal Power Plant in Michigan

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星期三, 七月 26, 2023
Environment, Climate Change, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Green Technology, Energy, Carbon, U.S. Department of Energy, Office of Inspector General, BW, Sale, Creativity, NYSE, BECCS, Bioenergy with carbon capture and storage, CMS Energy, Biomass, Greenhouse, CO2, Babcock & Wilcox, Renewable energy, Primary energy

Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage (BECCS) engineering study to convert a coal-fired power plant in Michigan to use biomass fuel and retrofit the plant with B&W’s SolveBright™ carbon dioxide (CO2) capture process.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has been awarded a contract by NorthStar Clean Energy to conduct a Bioenergy with Carbon Capture and Storage (BECCS) engineering study to convert a coal-fired power plant in Michigan to use biomass fuel and retrofit the plant with B&W’s SolveBright™ carbon dioxide (CO2) capture process.
  • Babcock & Wilcox Construction Co., LLC, will manage construction and mechanical scope of the study and commercial phase.
  • “The Filer City carbon capture project is a prime example of how we can use innovation to make that happen.
  • When the biomass and carbon capture conversion is complete, TES Filer City Station will be able to provide power to more than 70,000 homes while producing net-negative CO2 emissions.

Babcock & Wilcox Sets Second Quarter 2023 Conference Call and Webcast for Tuesday, August 8, 2023 at 5 p.m. ET

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星期二, 七月 25, 2023
Other Energy, Utilities, Oil, Gas, Environment, Coal, Alternative Energy, Energy, Nuclear, Webcast, Internet, B&W, BW, News, NYSE, ID

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Tuesday, August 8, 2023 at 5 p.m.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Tuesday, August 8, 2023 at 5 p.m.
  • B&W Chairman and Chief Executive Officer Kenneth Young and B&W Chief Financial Officer Louis Salamone will discuss the Company’s second quarter 2023 results.
  • A news release detailing the results is expected to be issued after the market closes on the day of the conference call and webcast.
  • The listen-only audio of the conference call will be broadcast live via the Internet on B&W’s Investor Relations site .

Solidigm Introduces the World’s Highest Capacity PCIe SSD for Massive Data Storage From Core to Edge

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星期四, 七月 20, 2023
Technology, Semiconductor, Engineering, 5G, Manufacturing, Networks, Hardware, Data Management, Artificial Intelligence, CDN, DRAM, K-stability, VAST Data, HPE, TB, OS, Business, BW, HDD, Micrometre, Central processing unit, U.2, ProLiant, DDR4, TLC, Ubuntu, Machine learning, Data, Workload, Linux, Cheetah, QLC, AI, LTS, Solid-state drive, Computer data storage

"Modern workloads like AI and capabilities like 5G are rapidly reshaping the storage landscape,” said Greg Matson, VP of Strategic Planning and Marketing at Solidigm. “Businesses need storage in more places that is inexpensive, able to store massive data sets efficiently and access the data at speed. The D5-P5336 delivers on all three -- value, density and performance. With QLC, the economics are compelling -- imagine storing 6X more data than HDDs and 2X more data than TLC SSDs, all in the same space at TLC speed."

Key Points: 
  • “Solidigm’s D5-P5336 QLC SSDs offer an impressive combination of capacity, performance, and reliability as a solution to overcome this challenge.
  • The seamless integration of these Solidigm QLC SSDs with Cheetah's high-performance servers makes them highly suitable for the efficient deployment of edge solutions."
  • In the first half of 2024, Solidigm will be shipping E3.S form factor with up to 30.72TB.
  • Additionally, the D5-P5336 will be on display at the Solidigm booth (#107) at Flash Memory Summit in Santa Clara, Calif. August 8-10.