Other Energy

H.I.G. Capital Completes Acquisition of USA DeBusk

Retrieved on: 
Wednesday, May 1, 2024
Banking, Other Energy, Professional Services, Utilities, Oil, Gas, Energy, Asset Management, Other Manufacturing, Other Professional Services, Engineering, Chemicals, Plastics, Finance, Manufacturing, LLP, Jefferies, Partnership, Growth, McDermott Will & Emery, Acquisition, H.I.G. Capital, Workforce, Holland & Knight, Management

"), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of USA DeBusk, LLC (“USA DeBusk” or the “Company”), a leading national provider of mission-critical industrial cleaning and infrastructure maintenance services.

Key Points: 
  • "), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of USA DeBusk, LLC (“USA DeBusk” or the “Company”), a leading national provider of mission-critical industrial cleaning and infrastructure maintenance services.
  • USA DeBusk’s executive team, led by CEO Andrew DeBusk, will continue to lead the Company and remain significant shareholders.
  • Headquartered in Deer Park, TX, USA DeBusk operates from a network of 39 offices across the United States and employs over 2,500 full-time employees.
  • Andrew DeBusk, CEO of USA DeBusk, said, “We are excited to partner with H.I.G.

Exelon Receives EPRI Technology Transfer Awards for Innovative Solutions Shaping the Future of Energy

Retrieved on: 
Tuesday, April 30, 2024
Energy, Other Energy, Utilities, Transfer, Delmarva Power, Humidity, EXC, EVS, Investment, Radio, Weather, BGE, Research, Wind, DER, Pepco, Commonwealth Edison, Movement, EPRI, Temperature, PECO, Video game

Three project teams led by Exelon (Nasdaq: EXC) engineers and innovators have been selected to receive Electric Power Research Institute’s (EPRI) 2024 Technology Transfer Awards.

Key Points: 
  • Three project teams led by Exelon (Nasdaq: EXC) engineers and innovators have been selected to receive Electric Power Research Institute’s (EPRI) 2024 Technology Transfer Awards.
  • These prestigious awards recognize projects that have incorporated EPRI’s cutting-edge research to help accelerate the adoption of sustainable energy solutions.
  • EPRI and a group of 10 companies worked together to identify the functions of DER gateways.
  • Going forward, ComEd will standardize these wind diverters knowing they provide a measurable benefit preventing severe conductor galloping.

Vision RNG Expands Leadership Team With Key New Hires

Retrieved on: 
Tuesday, April 30, 2024
Manufacturing, Construction & Property, Mining, Minerals, Other Energy, Natural Resources, Other Manufacturing, Oil, Gas, Alternative Energy, Energy, Engineering, Other Construction & Property, Fisher College of Business, University, Mechanical engineering, HR, Human resources, Human resource management, Business administration, Business, La Roche University, Growth, SLB, M&A, Acquisition, McCombs School of Business, MBA, Vision, West Liberty University, United States service academies, AG, Liberty University, Moses Austin, Strategic planning, Management

Vision RNG, LLC (VRNG) is pleased to announce the addition of Adam Beck to its leadership team as Vice President of Project Execution, Doug Prechter as Vice President of Finance, and Beckie Dille as Human Resources Manager.

Key Points: 
  • Vision RNG, LLC (VRNG) is pleased to announce the addition of Adam Beck to its leadership team as Vice President of Project Execution, Doug Prechter as Vice President of Finance, and Beckie Dille as Human Resources Manager.
  • Beck brings 15 years of experience in project management, engineering, and construction of RNG and midstream infrastructure projects.
  • Prechter has over 10 years of corporate finance and operations experience in the energy sector, including RNG, oilfield services, and investment banking.
  • Bill Johnson, CEO of Vision RNG said, “Adam’s vast experience in RNG and pipeline projects is a perfect fit for our growing portfolio.

RESMAN Energy Technology Selected to Participate in the Utah FORGE Geothermal Project

Retrieved on: 
Wednesday, May 1, 2024
Other Energy, Utilities, Sustainability, Environment, Coal, Alternative Energy, Energy, Climate Change, University, Geothermal energy, Enhanced geothermal system, Primary energy, Fracture, EGS, Temperature, Knowledge, Renewable energy

RESMAN Energy Technology is pleased to announce that its tracer technology is being used in the groundbreaking Utah FORGE geothermal project.

Key Points: 
  • RESMAN Energy Technology is pleased to announce that its tracer technology is being used in the groundbreaking Utah FORGE geothermal project.
  • With expectations of a drastic market increase for Enhanced Geothermal Systems (EGS) by 2030, the Utah FORGE project is poised to become an important test case for scaling geothermal technology globally.
  • “Utah FORGE is a global test case, and we aim to accelerate breakthroughs in EGS technologies and to establish rigorous, reproducible solutions that make geothermal energy possible anywhere in the world,” said John McLennan, Utah FORGE, Co-Principal Investigator.
  • Although there are many unknowns, we are confident in the transformative impact of our tracer technology,” said Partho Giri, Director of Global Operations, RESMAN Energy Technology.

American Water Charitable Foundation Awards $1 Million through 2024 Water and Environment Grant Program

Retrieved on: 
Tuesday, April 30, 2024
Other Philanthropy, Sustainability, Environmental, Social and Governance (ESG), Environment, Publishing, Public Relations, Investor Relations, Other Energy, Utilities, Finance, Communications, Green Technology, Banking, Energy, Professional Services, Philanthropy, Other Natural Resources, Fund Raising, Foundation, Agriculture, Natural Resources, American Water, Learning, Partnership, Water, ESG, Waterway, Multimedia, Community, Organization

The American Water Charitable Foundation , a 501(c)(3) organization established by American Water, the largest regulated water and wastewater utility company in the U.S., announced today that it awarded a combined total of $1 million to 59 organizations in 11 states, supporting communities served by American Water through the 2024 Water and Environment Grant Program.

Key Points: 
  • The American Water Charitable Foundation , a 501(c)(3) organization established by American Water, the largest regulated water and wastewater utility company in the U.S., announced today that it awarded a combined total of $1 million to 59 organizations in 11 states, supporting communities served by American Water through the 2024 Water and Environment Grant Program.
  • View the full release here: https://www.businesswire.com/news/home/20240430093477/en/
    Recipient of the 2024 Water and Environment Grant Program in Tennessee.
  • “The American Water Charitable Foundation is pleased to partner with eligible organizations to provide equitable and accessible projects and programs focused on clean water, conservation, environmental education and water-based recreation across American Water's footprint,” said Carrie Williams, President, American Water Charitable Foundation.
  • Learn more about this year’s grant recipients, the American Water Charitable Foundation and the 2024 Keep Communities Flowing Grant Program here .

Origin Materials Partners with PackSys Global on World’s First PET Cap and Closure Manufacturing System

Retrieved on: 
Tuesday, April 30, 2024
Natural Resources, Environment, Other Manufacturing, Textiles, Packaging, Chemicals, Plastics, Manufacturing, Other Energy, Office Products, Wine & Spirits, Supermarket, Energy, Specialty, Convenience Store, Food, Beverage, Fashion, Cosmetics, Retail, Home Goods, Sustainability, Supply Chain Management, Online Retail, Luxury, Discount, Variety, Department Stores, Forest Products, CO, PET, Carbon, Engineering, HDPE, Communication, Multimedia, Recycling

Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and PackSys Global AG (“PackSys Global”), the leading packaging machine producer for plastic closure slitting machines, announced a strategic cooperation to produce the world’s first PET cap and closure manufacturing system.

Key Points: 
  • Origin Materials (“Origin”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and PackSys Global AG (“PackSys Global”), the leading packaging machine producer for plastic closure slitting machines, announced a strategic cooperation to produce the world’s first PET cap and closure manufacturing system.
  • View the full release here: https://www.businesswire.com/news/home/20240430089236/en/
    Origin Materials PET cap (Photo: Business Wire)
    “Our high-throughput production system is the first of its kind, designed to do something nothing else can: make PET caps and closures at commercial scale,” said Origin Co-CEO and Co-Founder John Bissell.
  • “Our system will allow us to bring the recycling, sustainability, and performance benefits of our PET cap and closure solution to the world.
  • In conjunction with world-class partners like PackSys Global, we are solving the most difficult sustainability challenges, in alignment with our core mission to help transition the world to sustainable materials.

Hyliion Holdings Reports First-Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 30, 2024
Technology, Trucking, Other Energy, Transport, Nuclear, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Hardware, BETA, Sale, Investment, Alpha, Hydrogen, Hand, Partnership, Electricity, Biomass, Wind, EV, Mobility, Share repurchase, Letter, Growth, 3D printing

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its first-quarter 2024 financial results.

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its first-quarter 2024 financial results.
  • Hyliion is initially developing a locally-deployable 200kW generating system which it intends to deliver to initial deployment customers in late 2024.
  • Hyliion expects to achieve commercialization of the KARNO generator with the capital on hand.
  • The company also projects gross margins to be approximately break-even or slightly negative and cash spending to grow modestly compared to 2024.

Grundfos Launches New SE Range 48 1.5-15Hp Heavy Duty Wastewater Submersible Pumps

Retrieved on: 
Tuesday, April 30, 2024
Green Technology, Manufacturing, Environment, Other Technology, Sustainability, Building Systems, Environmental Health, Other Construction & Property, Technology, Other Energy, Construction & Property, Utilities, Agriculture, Natural Resources, Energy, Other Manufacturing, Machinery, Engineering, Interchangeability, Clogging, Sanitation, Water, Cartridge, Risk

Grundfos , a global leader in water technology and services, announced today a new SE range 48 1.5-15Hp wastewater submersible pumps for handling large amounts of wastewater, process water and unscreened raw sewage in heavy-duty municipal, utility and industrial applications.

Key Points: 
  • Grundfos , a global leader in water technology and services, announced today a new SE range 48 1.5-15Hp wastewater submersible pumps for handling large amounts of wastewater, process water and unscreened raw sewage in heavy-duty municipal, utility and industrial applications.
  • The Grundfos SE range 48 1.5-15Hp pumps are available with efficient single-channel or SuperVortex impellers allowing for free passage of solids up to 4 inches.
  • “With the introduction of the Grundfos SE range 48 1.5-15Hp submersible pumps, we are setting new benchmarks in sanitation, water contamination prevention, and the secure processing of wastewater.”
    The Grundfos SE range 48 1.5-15Hp submersible wastewater pumps are ideal for intermittent operation and can also be dry-installed without the need for external motor cooling.
  • Grundfos SE range 48 1.5-15Hp pumps are available now.

Bloom Energy and Quanta Computer Forge Transformative Partnership to Power Silicon Valley's AI Revolution

Retrieved on: 
Monday, April 29, 2024
Semiconductor, Other Energy, Technology, Utilities, Energy, Artificial Intelligence, Cloud, Quanta Computer, AI, Annual report, Partnership, Electricity, Electronics, Bloom Energy, Growth, Renewable energy

The partnership adds another significant proof-point in Bloom Energy’s capability to meet the ever-increasing time-to-power challenges of the burgeoning AI sector.

Key Points: 
  • The partnership adds another significant proof-point in Bloom Energy’s capability to meet the ever-increasing time-to-power challenges of the burgeoning AI sector.
  • As AI technology continues to reshape industries across the globe, Quanta's role in supplying high-powered servers for AI computations has become increasingly pivotal.
  • The power solution is a fully islanded microgrid , which will power Quanta Computer’s operations around the clock, 24/7 365 days a year.
  • “This highly reliable offering, that is not connected to the utility power grid, offers Quanta Computer a self-reliant solution and underscores the versatility of Bloom Energy’s Energy Server® platform,” said KR Sridhar, Founder, Chairman, and CEO of Bloom Energy.

Hyliion and Victory Execute Letter of Intent to Deploy up to 10 KARNO™ Generators to H2 Energy Group

Retrieved on: 
Monday, April 29, 2024
Other Energy, Hardware, Utilities, Sustainability, Alternative Energy, Energy, Technology, Environment, Trucking, Green Technology, Transport, Climate Change, Hydrogen, Economics, OTC, Electricity, Propane, RNG, LOI, Biomass, Green hydrogen, Architecture, Renewable energy

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, Victory Clean Energy Inc. (OTC : VYEY) ("Victory"), a trailblazer in the green hydrogen energy sector, today announced they have entered into a non-binding letter of intent (LOI).

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, Victory Clean Energy Inc. (OTC : VYEY) ("Victory"), a trailblazer in the green hydrogen energy sector, today announced they have entered into a non-binding letter of intent (LOI).
  • Under the terms of the agreement, Victory will purchase up to 10 KARNO generators, to be deployed in the Hydrogen production facilities of their subsidiary, H2 Energy Group (H2EG).
  • "Working with companies like Hyliion further strengthens our leadership in sustainability and enhances the efficiency of our hydrogen production facilities."
  • The LOI between Hyliion and H2 Energy Group is subject to the execution of a binding purchase agreement.