Mes: enero 2021

TIU Canada Court Case Against Nikopol Ferroalloy Goes to Trial Today

KYIV, Ukraine, Jan. 13, 2021 /PRNewswire/ – The court case of TIU Canada against the Nikopol Ferroalloy Plant (NFZ) for illegal disconnection goes to trial today in the Kyiv Commercial Court (at 44B Bohdana Khmelnytskoho street).  The 10.5 MW solar station was disconnected from the electricity grid by NFZ on March 2, 2020, despite the fact that under Ukrainian law, only electricity producers may authorize a disconnection from the…

KYIV, Ukraine, Jan. 13, 2021 /PRNewswire/ – The court case of TIU Canada against the Nikopol Ferroalloy Plant (NFZ) for illegal disconnection goes to trial today in the Kyiv Commercial Court (at 44B Bohdana Khmelnytskoho street).  The 10.5 MW solar station was disconnected from the electricity grid by NFZ on March 2, 2020, despite the fact that under Ukrainian law, only electricity producers may authorize a disconnection from the electricity grid.  TIU Canada is seeking an immediate reconnection to the electricity grid and plans to hold the NFZ and its shareholders fully accountable under the law. The main shareholders of the Nikopol Ferroalloy Plant are Igor Kolomoyskyi, Gennadiy Bogolyubov, and Viktor Pinchuk.  Today’s hearing is the first trial date in the case (#910/3844/20) from the conclusion of preliminary hearings last month.

The Nikopol solar station owned by TIU Canada is on land leased long term from the city of Nikopol. The solar plant connects to a substation on the grounds of the NFZ. On December 23, 2019, TIU Canada received a letter from the General Director of the NFZ, that they would be disconnecting the TIU Canada connection to grids via the substation on the grounds of the NFZ in order to make ‘repairs.’ The NFZ stated that they would begin the repairs after February 29, 2020, and TIU Canada immediately contacted the NFZ to seek solutions to avoid any disconnection. However, despite multiple discussions, the NFZ management and shareholders proceeded with disconnecting TIU Canada from the substation on the morning of March 2, 2020. This illegal disconnection has caused more than 1.5 million Euros of damage to TIU Canada already and increases daily.

The case is viewed as a test of the Zelensky’s administration’s commitment to protecting foreign investors. It should be noted that on July 3, 2019, while speaking to the Economic Club of Canada, Ukrainian President Volodymyr Zelensky praised the work of TIU Canada at the Toronto Ukraine Reforms Conference. He said, «We think about the future, that is why green energy will be one of the key sectors of our economy during the upcoming years. I know that we have here Canadian company TIU that already successfully works in this area. We are grateful to them for this – please, follow their example».

TIU Canada is owned by the Calgary based Refraction Asset Management, has been working in Ukraine since 2016, and is a leading solar energy producer. The company commissioned a 10 ½ megawatt solar energy plant in Nikopol, Ukraine, in January 2018, and an 11-megawatt solar station in the Mykolayiv region in April 2019. An additional 33 megawatts of solar electricity production have been commissioned in the Odesa region, for a total of 54 megawatts nationwide. TIU Canada has invested more than $65 million in Ukrainian solar energy over the last four years and was the first investor in Ukraine under the Canadian Ukrainian Free Trade Agreement (CUFTA).

TIU Canada directly and through its subcontractors employs more than 30 people in Ukraine whose jobs are now threatened by this illegal disconnection.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/tiu-canada-court-case-against-nikopol-ferroalloy-goes-to-trial-today-301207362.html

SOURCE TIU Canada

EagleClaw Midstream Achieves Major ESG Milestones That Enhance Its Future Market Position

HOUSTON, Jan. 13, 2021 /PRNewswire/ — EagleClaw Midstream today announced it has achieved several milestone ESG goals, such as sourcing 100 percent of its required electricity from renewable energy sources, the Company’s contributions and support to its communities throughout the COVID-19 pandemic, and the appointment of its first independent Board member.

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HOUSTON, Jan. 13, 2021 /PRNewswire/ — EagleClaw Midstream today announced it has achieved several milestone ESG goals, such as sourcing 100 percent of its required electricity from renewable energy sources, the Company’s contributions and support to its communities throughout the COVID-19 pandemic, and the appointment of its first independent Board member.

EagleClaw Midstream is the largest privately-owned midstream services provider in the Delaware Basin and operates a supersystem comprised of three interconnected natural gas processing complexes representing 1.3 Bcf/day of processing capacity.   

Sourcing 100 Percent of its Electricity from Renewable Energy Sources

EagleClaw Midstream announced it has executed an agreement to source 100 percent of the electricity it uses in its operations from renewable energy sources beginning April 1, 2021. 

«This agreement is one initiative within our broader sustainability plan to reshape how we operate, to limit our impact on the environment, to make our workplace even safer, and to deepen our stakeholder relationships,» said Jamie Welch, President and CEO of EagleClaw Midstream.  

Welch noted the agreement will ensure that the company has a reliable, secure, and cost-effective source of renewable energy for the foreseeable future.  For the Company’s customers, this creates tremendous adjunct benefits as it materially reduces overall indirect («Scope 2») emissions in providing natural gas gathering and processing services for their production.

EagleClaw Midstream is the first major gathering and processing company in the Permian Basin to procure 100 percent of its power for its operations from renewable energy sources, he noted.  

Broad ESG Program Established; 2020 Emphasis on Community Support During COVID-19 Pandemic

EagleClaw Midstream has established and implemented an Environmental, Social and Governance (ESG) program across its operations.  Over the past 12 months, the focus has been keeping its workplace safe and secure for employees because of the impact of the pandemic, Welch explained, and to support its communities’ needs directly associated with hardships from COVID-19.

«Our existing management practices and relentless focus on safety and environmentally responsible operations are well aligned with the rigors and transparency demanded today by key constituencies.  As we further advance and invest in our ESG effort, we see a relatively smooth transition to an even more open, metrics-driven model that will further accelerate our performance,» he added.

In 2020, EagleClaw Midstream stepped up through donations and involvement in various community out-reach programs that supported healthcare workers, local school children and firefighters, emergency responders, law enforcement, and teachers. 

Welch added that the Company will make further strides in its ESG program in the near term and will publish its first comprehensive ESG report in mid-2021.

«We understand that the importance of our social contract to operate in today’s world needs to be supportive of something larger than just the physical footprint of our operations.  We need to push initiatives and advance the dialogue to modify practices and behaviors and be a positive agent for change,» said Welch.

Appoints Independent Board Member That Highlights its Commitment to Diversity and Strong Corporate Governance

The Company also added a talented new member to its Board of Directors.  «We are delighted that Laura Sugg has joined the Board as our first independent Board member,» said Welch.  «Laura brings decades of relevant experience in the energy industry, a wealth of relationships in the sector as well as sage counsel and advice from other Boards on which she is a member.  We are glad to have her input and counsel.»

Blackstone Senior Managing Director and & Global Head of Blackstone Energy Partners David Foley and Adil Rahmathulla, Managing Partner of I Squared Capital, added, «We are pleased to add an executive of Laura’s caliber to our Board.  Her deep and broad background in the energy industry is an ideal complement for EagleClaw Midstream.»

Sugg is currently serving on the boards of Murphy Oil and Public Service Enterprise Group.  She previously held numerous executive and leadership positions with Conoco Phillips. 

«I am privileged to join an organization with such an impressive management team and with strong sponsorship from Blackstone and I Squared Capital.  EagleClaw is committed to excellence in responsible operations as well as long-term customer relationships, and I look forward to helping EagleClaw continue to thrive and succeed,» said Sugg.

About EagleClaw Midstream

EagleClaw Midstream is a fully integrated, private midstream company that safely, responsibly, and sustainably operates in the heart of the Delaware Basin with over 650,000 acres under long-term dedication.  EagleClaw is headquartered in Midland and has a significant presence in Houston.  EagleClaw provides comprehensive gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water.  The Company is the largest private gas processor in the Delaware Basin, with 1,320 MMcf/day of capacity and more than 1,300 miles of operated pipelines.  EagleClaw has long-term dedications for gas, crude, and water midstream services from approximately 30 successful and active producers in the Delaware Basin.  EagleClaw is also a partner on the Permian Highway Pipeline project.  For more information, please visit our website at www.eagleclawmidstream.com.

Media Contacts

Jim Schwartz
Senior Director, Corporate Communications & Sustainability
832-571-7457 (mobile) or JSchwartz@EagleClawMidstream.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/eagleclaw-midstream-achieves-major-esg-milestones-that-enhance-its-future-market-position-301207015.html

SOURCE Eagleclaw Midstream

Automotive Robotics Market to Garner $13.60 Bn, Globally, by 2027 at 12.8% CAGR, Says Allied Market Research

– Increase in automation in the automotive sector, rise in safety, accuracy, and productivity, and lowered labor cost in organizations drive the growth of the global automotive robotics market.

PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive Robotics Market by Component (Controller, Robotic arm, End…

– Increase in automation in the automotive sector, rise in safety, accuracy, and productivity, and lowered labor cost in organizations drive the growth of the global automotive robotics market.

PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive Robotics Market by Component (Controller, Robotic arm, End effector, Sensors, Drive, and Others), Type (Articulated, Cylindrical SCARA, Cartesian, and Others), and Application (Welding, Painting, Cutting, Material Handling, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027″. As per the report, the global automotive robotics industry generated $6.63 billion in 2019, and is expected to reach $13.60 billion by 2027, witnessing a CAGR of 12.8% from 2020 to 2027.

Allied Market Research

Download Report Sample (339 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9046

Major determinants of the market

Rise in automation in the automotive industry, surge in need for accuracy, safety, and productivity, and reduction in labor cost in organizations drive the growth of the global automotive robotics market. However, high cost of industrial robots hampers the market growth. On the contrary, emergence of industry 4.0 is projected to create lucrative opportunities for the market players in the future.

Covid-19 scenario:

  • The Covid-19 outbreak has affected the manufacturing processes as governments declared complete lockdown across the countries to curb the spread of the infection.
  • The prolonged lockdown disrupted the supply chain, resulting in the loss of demand for automotive robotics.
  • However, the demand for automotive robotics is expected to increase post-pandemic as the automotive industry, one of the major end-users of industrial robotics, is on its way to get back on track.
  • As robots could help in boosting production while complying with social distancing norms, the demand for automotive robotics is expected to increase post-pandemic.

Get detailed COVID-19 impact analysis on the Automotive Robotics Market Request Here!

The robotic arm segment dominated the market

By component, the robotic arm segment held the lion’s share in 2019, accounting for more than two-fifths of the global automotive robotics market, as robotic arms can be programmed to move in a very precise manner repeatedly with a high level of reliability and accuracy. However, the drive segment is projected to manifest the highest CAGR of 23.5% during the forecast period, due to increase ig automotive production with rise in sales in the automotive industry over the years.

The painting segment to manifest the highest CAGR through 2027

By application, the painting segment is estimated to register the highest CAGR of 20.8% from 2020 to 2027, due to fast operations, good quality, and cost-efficiency in working units offered by robots. However, the material handling segment held the largest share in 2019, contributing to nearly half of the global automotive robotics market, owing to remarkable precision and highly accurate link-and-gear combinations.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9046

LAMEA, followed by North America, to portray the highest CAGR by 2027

By region, the market across LAMEA, followed by North America, is expected to register the highest CAGR of 22.0% during the forecast period, due to incorporation of new automobile production plants with installed advanced industrial robots. However, the global automotive robotics market across Asia-Pacific dominated in 2019, accounting for more than two-thirds of the market share, owing to rise in demand for automobiles in this region and robots are helpful tools to increase the production rate to meet the demand.

Major market players

  • ABB
  • DENSO WAVE INCORPORATED
  • Comau
  • Kawasaki Heavy Industries, Ltd.
  • FANUC CORPORATION
  • NACHI-FUJIKOSHI CORP.
  • KUKA AG
  • Seiko Epson Corporation
  • Rockwell Automation, Inc.
  • YASKAWA ELECTRIC CORPORATION

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9046

Similar Reports We Have on Robotics Technology:

Autonomous Last Mile Delivery Market by Application (Logistics, Healthcare & Pharmaceuticals, Food & Beverages Retail, and Others), Solution (Hardware, Software, and Service), Range (Short Range (<20 km) and Long Range (>20 km)), and Vehicle Type (Aerial Delivery Drones, Ground Delivery Vehicles, and Self-driving Trucks & Bus): Global Opportunity Analysis and Industry Forecast, 2021-2030.

Drone Package Delivery Market by Duration (Long Duration (>30 Minutes) and Short Duration (<30 Minutes)), Package Size (< 2 Kilograms, 2 – 5 Kilograms and > 5 Kilograms), Range (Long Range (>25 Kilometers) and Short Range (<25 Kilometers)), and Solution (Service, Software, Platform and Infrastructure): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Drone Service Market by Type (Drone Platform Services, Drone Maintenance, Repair, and Overhaul (MRO) Services, Drone Training & Education Services), Duration of Service (Short Duration Services and Long Duration Services), Application (Aerial Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, Modelling, Disaster Risk Management & Mitigation, Inspection & Environmental Monitoring, and Others), Industry (Infrastructure, Agriculture, Logistics, Media & Entertainment, Oil & Gas, Utility & Power, Security, Search & Rescue, Mining, Scientific Research, Insurance, and Others), Solution (Enterprise and Point): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Aerospace Robotics Market by Type (Articulated, Cartesian, Cylindrical, Spherical, SCARA, and Parallel), Technology (Traditional, Collaborative), Application (Drilling, Welding, Painting, Inspection) – Global Opportunity Analysis and Industry Forecast, 2014-2022.

Space Robotics Market by Solution (Products and Services), Application (Deep Space, Near Space and Ground), End User (Government and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2027.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com 
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg  

Automotive Robotics Market to Garner $13.60 Bn, Globally, by 2027 at 12.8% CAGR, Says Allied Market Research

– Increase in automation in the automotive sector, rise in safety, accuracy, and productivity, and lowered labor cost in organizations drive the growth of the global automotive robotics market.

PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive Robotics Market by Component (Controller, Robotic arm, End…

– Increase in automation in the automotive sector, rise in safety, accuracy, and productivity, and lowered labor cost in organizations drive the growth of the global automotive robotics market.

PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive Robotics Market by Component (Controller, Robotic arm, End effector, Sensors, Drive, and Others), Type (Articulated, Cylindrical SCARA, Cartesian, and Others), and Application (Welding, Painting, Cutting, Material Handling, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027″. As per the report, the global automotive robotics industry generated $6.63 billion in 2019, and is expected to reach $13.60 billion by 2027, witnessing a CAGR of 12.8% from 2020 to 2027.

Allied Market Research

Download Report Sample (339 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9046

Major determinants of the market

Rise in automation in the automotive industry, surge in need for accuracy, safety, and productivity, and reduction in labor cost in organizations drive the growth of the global automotive robotics market. However, high cost of industrial robots hampers the market growth. On the contrary, emergence of industry 4.0 is projected to create lucrative opportunities for the market players in the future.

Covid-19 scenario:

  • The Covid-19 outbreak has affected the manufacturing processes as governments declared complete lockdown across the countries to curb the spread of the infection.
  • The prolonged lockdown disrupted the supply chain, resulting in the loss of demand for automotive robotics.
  • However, the demand for automotive robotics is expected to increase post-pandemic as the automotive industry, one of the major end-users of industrial robotics, is on its way to get back on track.
  • As robots could help in boosting production while complying with social distancing norms, the demand for automotive robotics is expected to increase post-pandemic.

Get detailed COVID-19 impact analysis on the Automotive Robotics Market Request Here!

The robotic arm segment dominated the market

By component, the robotic arm segment held the lion’s share in 2019, accounting for more than two-fifths of the global automotive robotics market, as robotic arms can be programmed to move in a very precise manner repeatedly with a high level of reliability and accuracy. However, the drive segment is projected to manifest the highest CAGR of 23.5% during the forecast period, due to increase ig automotive production with rise in sales in the automotive industry over the years.

The painting segment to manifest the highest CAGR through 2027

By application, the painting segment is estimated to register the highest CAGR of 20.8% from 2020 to 2027, due to fast operations, good quality, and cost-efficiency in working units offered by robots. However, the material handling segment held the largest share in 2019, contributing to nearly half of the global automotive robotics market, owing to remarkable precision and highly accurate link-and-gear combinations.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9046

LAMEA, followed by North America, to portray the highest CAGR by 2027

By region, the market across LAMEA, followed by North America, is expected to register the highest CAGR of 22.0% during the forecast period, due to incorporation of new automobile production plants with installed advanced industrial robots. However, the global automotive robotics market across Asia-Pacific dominated in 2019, accounting for more than two-thirds of the market share, owing to rise in demand for automobiles in this region and robots are helpful tools to increase the production rate to meet the demand.

Major market players

  • ABB
  • DENSO WAVE INCORPORATED
  • Comau
  • Kawasaki Heavy Industries, Ltd.
  • FANUC CORPORATION
  • NACHI-FUJIKOSHI CORP.
  • KUKA AG
  • Seiko Epson Corporation
  • Rockwell Automation, Inc.
  • YASKAWA ELECTRIC CORPORATION

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9046

Similar Reports We Have on Robotics Technology:

Autonomous Last Mile Delivery Market by Application (Logistics, Healthcare & Pharmaceuticals, Food & Beverages Retail, and Others), Solution (Hardware, Software, and Service), Range (Short Range (<20 km) and Long Range (>20 km)), and Vehicle Type (Aerial Delivery Drones, Ground Delivery Vehicles, and Self-driving Trucks & Bus): Global Opportunity Analysis and Industry Forecast, 2021-2030.

Drone Package Delivery Market by Duration (Long Duration (>30 Minutes) and Short Duration (<30 Minutes)), Package Size (< 2 Kilograms, 2 – 5 Kilograms and > 5 Kilograms), Range (Long Range (>25 Kilometers) and Short Range (<25 Kilometers)), and Solution (Service, Software, Platform and Infrastructure): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Drone Service Market by Type (Drone Platform Services, Drone Maintenance, Repair, and Overhaul (MRO) Services, Drone Training & Education Services), Duration of Service (Short Duration Services and Long Duration Services), Application (Aerial Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, Modelling, Disaster Risk Management & Mitigation, Inspection & Environmental Monitoring, and Others), Industry (Infrastructure, Agriculture, Logistics, Media & Entertainment, Oil & Gas, Utility & Power, Security, Search & Rescue, Mining, Scientific Research, Insurance, and Others), Solution (Enterprise and Point): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Aerospace Robotics Market by Type (Articulated, Cartesian, Cylindrical, Spherical, SCARA, and Parallel), Technology (Traditional, Collaborative), Application (Drilling, Welding, Painting, Inspection) – Global Opportunity Analysis and Industry Forecast, 2014-2022.

Space Robotics Market by Solution (Products and Services), Application (Deep Space, Near Space and Ground), End User (Government and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2027.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com 
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | Twitter | LinkedIn |

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg  

Automotive Robotics Market to Garner $13.60 Bn, Globally, by 2027 at 12.8% CAGR, Says Allied Market Research

PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive Robotics Market by Component (Controller, Robotic arm, End effector, Sensors, Drive, and Others), Type (Articulated, Cylindrical SCARA, Cartesian, and Others), and Application (Welding, Painting, Cutting, Material Handling, and Others): Global Opportunity Analysis and…

PORTLAND, Ore., Jan. 13, 2021 /PRNewswire/ — Allied Market Research recently published a report, titled, «Automotive Robotics Market by Component (Controller, Robotic arm, End effector, Sensors, Drive, and Others), Type (Articulated, Cylindrical SCARA, Cartesian, and Others), and Application (Welding, Painting, Cutting, Material Handling, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027″. As per the report, the global automotive robotics industry generated $6.63 billion in 2019, and is expected to reach $13.60 billion by 2027, witnessing a CAGR of 12.8% from 2020 to 2027.

Allied Market Research

Download Report Sample (339 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/9046

Major determinants of the market

Rise in automation in the automotive industry, surge in need for accuracy, safety, and productivity, and reduction in labor cost in organizations drive the growth of the global automotive robotics market. However, high cost of industrial robots hampers the market growth. On the contrary, emergence of industry 4.0 is projected to create lucrative opportunities for the market players in the future.

Covid-19 scenario:

  • The Covid-19 outbreak has affected the manufacturing processes as governments declared complete lockdown across the countries to curb the spread of the infection.
  • The prolonged lockdown disrupted the supply chain, resulting in the loss of demand for automotive robotics.
  • However, the demand for automotive robotics is expected to increase post-pandemic as the automotive industry, one of the major end-users of industrial robotics, is on its way to get back on track.
  • As robots could help in boosting production while complying with social distancing norms, the demand for automotive robotics is expected to increase post-pandemic.

Get detailed COVID-19 impact analysis on the Automotive Robotics Market Request Here!

The robotic arm segment dominated the market

By component, the robotic arm segment held the lion’s share in 2019, accounting for more than two-fifths of the global automotive robotics market, as robotic arms can be programmed to move in a very precise manner repeatedly with a high level of reliability and accuracy. However, the drive segment is projected to manifest the highest CAGR of 23.5% during the forecast period, due to increase ig automotive production with rise in sales in the automotive industry over the years.

The painting segment to manifest the highest CAGR through 2027

By application, the painting segment is estimated to register the highest CAGR of 20.8% from 2020 to 2027, due to fast operations, good quality, and cost-efficiency in working units offered by robots. However, the material handling segment held the largest share in 2019, contributing to nearly half of the global automotive robotics market, owing to remarkable precision and highly accurate link-and-gear combinations.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/9046

LAMEA, followed by North America, to portray the highest CAGR by 2027

By region, the market across LAMEA, followed by North America, is expected to register the highest CAGR of 22.0% during the forecast period, due to incorporation of new automobile production plants with installed advanced industrial robots. However, the global automotive robotics market across Asia-Pacific dominated in 2019, accounting for more than two-thirds of the market share, owing to rise in demand for automobiles in this region and robots are helpful tools to increase the production rate to meet the demand.

Major market players

  • ABB
  • DENSO WAVE INCORPORATED
  • Comau
  • Kawasaki Heavy Industries, Ltd.
  • FANUC CORPORATION
  • NACHI-FUJIKOSHI CORP.
  • KUKA AG
  • Seiko Epson Corporation
  • Rockwell Automation, Inc.
  • YASKAWA ELECTRIC CORPORATION

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/9046

Similar Reports We Have on Robotics Technology:

Autonomous Last Mile Delivery Market by Application (Logistics, Healthcare & Pharmaceuticals, Food & Beverages Retail, and Others), Solution (Hardware, Software, and Service), Range (Short Range (<20 km) and Long Range (>20 km)), and Vehicle Type (Aerial Delivery Drones, Ground Delivery Vehicles, and Self-driving Trucks & Bus): Global Opportunity Analysis and Industry Forecast, 2021-2030.

Drone Package Delivery Market by Duration (Long Duration (>30 Minutes) and Short Duration (<30 Minutes)), Package Size (< 2 Kilograms, 2 – 5 Kilograms and > 5 Kilograms), Range (Long Range (>25 Kilometers) and Short Range (<25 Kilometers)), and Solution (Service, Software, Platform and Infrastructure): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Drone Service Market by Type (Drone Platform Services, Drone Maintenance, Repair, and Overhaul (MRO) Services, Drone Training & Education Services), Duration of Service (Short Duration Services and Long Duration Services), Application (Aerial Photography & Remote Sensing, Data Acquisition & Analytics, Mapping & Surveying, Modelling, Disaster Risk Management & Mitigation, Inspection & Environmental Monitoring, and Others), Industry (Infrastructure, Agriculture, Logistics, Media & Entertainment, Oil & Gas, Utility & Power, Security, Search & Rescue, Mining, Scientific Research, Insurance, and Others), Solution (Enterprise and Point): Global Opportunity Analysis and Industry Forecast, 2020–2027.

Aerospace Robotics Market by Type (Articulated, Cartesian, Cylindrical, Spherical, SCARA, and Parallel), Technology (Traditional, Collaborative), Application (Drilling, Welding, Painting, Inspection) – Global Opportunity Analysis and Industry Forecast, 2014-2022.

Space Robotics Market by Solution (Products and Services), Application (Deep Space, Near Space and Ground), End User (Government and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2027.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
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Air Purifier Market Size Worth $28.3 Billion By 2027 | CAGR: 13.5% | Polaris Market Research

NEW YORK, Jan. 13, 2021 /PRNewswire/ — The global air purifier market size is expected to reach USD 28.3 billion by 2027 according to a new study conducted by Polaris Market Research the market is anticipated to register a CAGR: 13.5% from 2020 to 2027. Key factors driving market growth include growing awareness about…

NEW YORK, Jan. 13, 2021 /PRNewswire/ — The global air purifier market size is expected to reach USD 28.3 billion by 2027 according to a new study conducted by Polaris Market Research the market is anticipated to register a CAGR: 13.5% from 2020 to 2027. Key factors driving market growth include growing awareness about the hazardous effects of air pollution coupled with rising expenditure on healthcare. In addition to this, the growing urban population, increasing incidents of respiratory diseases, and rising technological advancements are further supporting the substantial growth of the air purifier market.  Increasing demand for the use of pollution management instrumentation across the globe, especially in developing nations is creating growth avenues for the market players. Furthermore, rising government initiatives for improving the quality of air to ensure good health for people anticipated to boost the demand for air purifiers.

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  • The commercial segment led the global market for air purifiers owing to the increasing demand for air purifiers in academic establishments and workplace areas. Business applications include hospitals, offices, hotels, malls, academic centers, and conference centers.
  • The High-efficiency Particulate Air (HEPA) technology segment holding a prominent market share with major revenue generation. The segmental growth is attributed to key features of HEPA filters that enables capturing large airborne particles.
  • Increasing environmental norms by governments and rising adoption of technologically advanced products to improve air quality acting as key driving factors for the air purifier market.
  • The online distribution channel is estimated to grow at the fastest rate during the forecast period on account of the availability of a wide range of products at lower prices. The COVID-19 pandemic has further driven the growth of the segment as the majority of consumers finding it more convenient to shop online.

Air Purifiers can be defined as a valuable and the most sophisticated systems used for air purification. The market is very much organized even in developing economies such as India and China as well. The market in the Asia Pacific region is expected to grow at a CAGR of around 14% from 2020 to 2027. The product in the past found acknowledgement only in the premium segment but now is finding demand from mid-segment as well. The industry rivalry in the market is currently high and is expected to further get fueled due to the rising demand post pandemic.

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Regional Insight & Trend Analysis

North America followed by Europe dominated the air purifier market and is predicted that these regions will continue their dominance over the forecast period. These regions are early adopters of air purifiers and players working in the industry are constantly working on the development of novel air purification methods.  The Asia Pacific is expected to grow at an impressive growth rate owing to surging air pollution levels in Asian countries, especially in India and China, fueling demand for air purifiers. Also, increasing disposal income of consumers is further complementing exponential market growth in the region.

Market Participants

Manufacturers are investing more in the development of high quality and low-cost air purifiers to attract the middle-class segment. In addition to this, they are also giving more emphasis on the promotion of their brands and running campaigns to create awareness among people regarding the benefits of air purifiers. Daikin Industries, LG Electronics, Inc., Honeywell International, Inc., Hamilton Beach Brands, Inc., Ltd., Unilever PLC, Whirlpool Corporation, Koninklijke Philips N.V., Trotec GmbH, Panasonic Corporation, and LG Electronics are some of the prominent players operating in the global air purifier market.

Target Audience

  • Supply Side: Manufacturer, Distributor, and Supplier of Air Purifiers
  • Demand Side: Household Application, Commercial Spaces, Educational Institutes
  • Regulatory Side: World Health Organization (WHO)

Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts At : https://www.polarismarketresearch.com/industry-analysis/air-purifier-market/speak-to-analyst

Polaris Market Research has segmented the air purifier market report on the basis of type, application, residential end-use and region

Air Purifier Type Outlook (Revenue, USD Million, 2016 – 2027)

  • High-efficiency Particulate Air (HEPA)
  • Activated Carbon
  • Ionic Filters
  • Others

Air Purifier Application Outlook (Revenue, USD Million, 2016 – 2027)

  • Commercial
  • Residential
  • Industrial

Air Purifier Residential End-Use Outlook (Revenue, USD Million, 2016 – 2027)

  • Bedroom
  • Living Room
  • Kitchen
  • Others

Air Purifier Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Central & South America
    • Brazil
    • Middle East & Africa
    • UAE
    • Saudi Arabia
  • South Africa

List of Key Players of Air Purifier Market

  • Koninklijke Philips
  • Panasonic Corporation
  • LG Electronics Inc.
  • Toshiba International Corporation
  • Hitachi Power Solutions Co., Ltd.
  • Unilever
  • Holmes Products Corp.
  • Daikin
  • Hamilton Beach Brands, Inc
  • Honeywell International Inc

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Automotive Lightweight Material Market Share, Size, Trends, Industry Analysis Report, By Material Type (Metal, Polymers, Composites, Elastomers); By Vehicle Type; By Application; By Region; Segment Forecast, 2020 – 2027

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

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Insights on the Automotive Power Steering Systems Global Market to 2028 – by Product Type, Vehicle Class, End-market and Geography

DUBLIN, Jan. 13, 2021 /PRNewswire/ — The «Automotive Power Steering Systems Market Size, Market Share, Application…

DUBLIN, Jan. 13, 2021 /PRNewswire/ — The «Automotive Power Steering Systems Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 to 2028» report has been added to ResearchAndMarkets.com’s offering.

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The automotive steering system is among the most integral parts installed in automobile vehicles. Steering systems allow the driver to control and maneuver the vehicle in the desired direction. The basic components of an automotive steering system include a steering wheel, steering column, universal joints, rack & pinion mechanism, and another control mechanism. Over the period of time, the overall automotive steering systems industry has witnessed a paradigm shift, in terms of the operating mechanism. The industry has evolved dynamically starting from rigid manual steering to flexible power-assisted steering systems. This provides easy maneuverability, better vehicle stability, and reduced driver fatigue. Additionally, power-assisted steering systems are designed to enhance fuel-efficiency, thereby driving the market penetration.

The overall automotive power steering systems market is primarily driven by the consistently growing automotive industry worldwide. With the rising discretionary income of the people worldwide, consumption of luxury and semi-luxury vehicles has risen considerably over the past couple of decades. Subsequently, automotive steering systems to have witnessed profound advancements in operating mechanism and comfort. Moreover, phasing out manual steering systems is another major factor propelling the demand for power steering systems. Due to continually growing automotive production along with demand for high-end vehicles, the market is set to continue growing steadily in the following years.

The report offers strategic insights into the global automotive power steering systems market along with the market size and estimates for the duration of 2018 to 2028. The said research study covers in-depth analysis of market segments based on product type, vehicle class, end-market and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2019 & 2028. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading automotive power steering system vendors, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report are Robert Bosch Automotive Steering GmbH, Mitsubishi Electric Corporation, Hyundai Mobis Co., Ltd., JTEKT Corporation, ThyssenKrupp Presta AG, Nexteer Automotive Group Ltd., ZF Friedrichshafen AG (TRW Automotive), China Automotive Systems, Inc., Mando Corporation, Delphi Automotive Plc., Daimler AG and several others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the automotive power steering systems industry
  • Comparative analysis for different segments for the years 2019 & 2028
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2018 – 2019)
  • SRC (Segment-Region-Country) Analysis

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automotive Power Steering Systems Market
2.2 Global Automotive Power Steering Systems Market, By Product Type
2.3 Global Automotive Power Steering Systems Market, By Vehicle Class
2.4 Global Automotive Power Steering Systems Market, By End-market
2.5 Global Automotive Power Steering Systems Market, By Geography

Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Automotive Power Steering Systems Market Revenue and Growth, 2018 – 2028, (US$ Bn) (Y-o-Y %)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Automotive Power Steering Systems Market Analysis, by Product Type
4.1 Market Analysis
4.2 Electronic Power Steering (EPS)
4.3 Hydraulic Power Steering (HPS)
4.4 Electronic & Hydraulic Power Steering (EHPS)

Chapter 5 Global Automotive Power Steering Systems Market Analysis, by Vehicle Class
5.1 Market Analysis
5.2 Passenger Cars
5.3 Light Commercial Vehicles (LCV)
5.4 Heavy Commercial Vehicles (LCV)
5.5 Off-road Vehicles

Chapter 6 Global Automotive Power Steering Systems Market Analysis, by End-market
6.1 Market Analysis
6.2 Original Equipment Manufacturers (OEMs)
6.3 Aftermarket

Chapter 7 North America Automotive Power Steering Systems Market Analysis
7.1 Overview
7.2 North America Automotive Power Steering Systems Market Analysis, By Product Type, 2018 – 2028
7.2.1 Market Analysis
7.3 North America Automotive Power Steering Systems Market Analysis, By Vehicle Class, 2018 – 2028
7.3.1 Market Analysis
7.4 North America Automotive Power Steering Systems Market Analysis, By End-market, 2018 – 2028
7.4.1 Market Analysis
7.5 North America Automotive Power Steering Systems Market Analysis, By Region, 2018 – 2028
7.5.1 U.S.
7.5.1.1 U.S. Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
7.5.1.2 U.S. Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
7.5.1.3 U.S. Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
7.5.2 Canada
7.5.2.1 Canada Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
7.5.2.2 Canada Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
7.5.2.3 Canada Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)

Chapter 8 Europe Automotive Power Steering Systems Market Analysis
8.1 Overview
8.2 Europe Automotive Power Steering Systems Market Analysis, By Product Type, 2018 – 2028
8.2.1 Market Analysis
8.3 Europe Automotive Power Steering Systems Market Analysis, By Vehicle Class, 2018 – 2028
8.3.1 Market Analysis
8.4 Europe Automotive Power Steering Systems Market Analysis, By End-market, 2018 – 2028
8.4.1 Market Analysis
8.5 Europe Automotive Power Steering Systems Market Analysis, By Region, 2018 – 2028
8.5.1 U.K.
8.5.1.1 U.K. Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
8.5.1.2 U.K. Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
8.5.1.3 U.K. Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
8.5.2 Germany
8.5.2.1 Germany Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
8.5.2.2 Germany Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
8.5.2.3 Germany Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
8.5.3 Russia
8.5.3.1 Russia Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
8.5.3.2 Russia Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
8.5.3.3 Russia Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
8.5.4 Rest of Europe
8.5.4.1 Rest of Europe Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
8.5.4.2 Rest of Europe Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
8.5.4.3 Rest of Europe Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)

Chapter 9 Asia Pacific Automotive Power Steering Systems Market Analysis
9.1 Overview
9.2 Asia Pacific Automotive Power Steering Systems Market Analysis, By Product Type, 2018 – 2028
9.2.1 Market Analysis
9.3 Asia Pacific Automotive Power Steering Systems Market Analysis, By Vehicle Class, 2018 – 2028
9.3.1 Market Analysis
9.4 Asia Pacific Automotive Power Steering Systems Market Analysis, By End-market, 2018 – 2028
9.4.1 Market Analysis
9.5 Asia Pacific Automotive Power Steering Systems Market Analysis, By Region, 2018 – 2028
9.5.1 China
9.5.1.1 China Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
9.5.1.2 China Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
9.5.1.3 China Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
9.5.2 Japan
9.5.2.1 Japan Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
9.5.2.2 Japan Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
9.5.2.3 Japan Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
9.5.3 South Asia
9.5.3.1 South Asia Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
9.5.3.2 South Asia Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
9.5.3.3 South Asia Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
9.5.4 Rest of Asia Pacific
9.5.4.1 Rest of Asia Pacific Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
9.5.4.2 Rest of Asia Pacific Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
9.5.4.3 Rest of Asia Pacific Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)

Chapter 10 Rest of the World (RoW) Automotive Power Steering Systems Market Analysis
10.1 Overview
10.2 RoW Automotive Power Steering Systems Market Analysis, By Product Type, 2018 – 2028
10.2.1 Market Analysis
10.3 RoW Automotive Power Steering Systems Market Analysis, By Vehicle Class, 2018 – 2028
10.3.1 Market Analysis
10.4 RoW Automotive Power Steering Systems Market Analysis, By End-market, 2018 – 2028
10.4.1 Market Analysis
10.5 RoW Automotive Power Steering Systems Market Analysis, By Region, 2018 – 2028
10.5.1 Middle East & Africa (MEA)
10.5.1.1 MEA Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
10.5.1.2 MEA Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
10.5.1.3 MEA Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)
10.5.2 Latin America
10.5.2.1 Latin America Automotive Power Steering Systems Market Revenue, by Product Type, 2018 – 2028 (US$ Bn)
10.5.2.2 Latin America Automotive Power Steering Systems Market Revenue, by Vehicle Class, 2018 – 2028 (US$ Bn)
10.5.2.3 Latin America Automotive Power Steering Systems Market Revenue, by End-market, 2018 – 2028 (US$ Bn)

Chapter 11 Company Profiles
11.1 Robert Bosch Automotive Steering GmbH
11.2 Mitsubishi Electric Corporation
11.3 Hyundai Mobis Co., Ltd.
11.4 JTEKT Corporation
11.5 ThyssenKrupp Presta AG
11.6 Nexteer Automotive Group Ltd.
11.7 ZF Friedrichshafen AG (TRW Automotive)
11.8 China Automotive Systems, Inc.
11.9 Mando Corporation
11.10 Delphi Automotive Plc.
11.11 Daimler AG

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Sunset World Group was Recognized as the Best Luxury Tourism Company in the Yucatan Peninsula

CANCUN, Mexico, Jan. 13, 2021 /PRNewswire-PRWeb/ — The prestigious LUX Life magazine recently presented the best of the best awards in different categories that define a luxurious and exclusive lifestyle. In this context, LUX Life, a publisher located in the United Kingdom, designated Sunset World Group as the Best Luxury Tourism Company in the Yucatán Peninsula in the category of Resorts and Retreats.

It is worth mentioning that the 238,000 readers of LUX…

CANCUN, Mexico, Jan. 13, 2021 /PRNewswire-PRWeb/ — The prestigious LUX Life magazine recently presented the best of the best awards in different categories that define a luxurious and exclusive lifestyle. In this context, LUX Life, a publisher located in the United Kingdom, designated Sunset World Group as the Best Luxury Tourism Company in the Yucatán Peninsula in the category of Resorts and Retreats.

It is worth mentioning that the 238,000 readers of LUX Life know what they want and can pay for it. For them, the magazine is a showcase of products, services and attractions that cover all aspects of a glamorous lifestyle including fine food, drinks, resorts, hotels, jewelry, health and beauty, art and technology. Since its inception in 2010, LUX Life recognizes only the best of each category. Its content includes reviews and news that entertain, inform and inspire.

«For Sunset World Group, it is a matter of pride to receive this recognition from LUX Life as it reflects the great work that our employees perform in satisfying demanding tastes,» declared Annie Arroyo, Corporate Brand and Communication Director of Sunset World Group. «We are honored to be in the eyes of readers with great purchasing power from around the world,» she concluded.

Sunset World Group is a family-owned Mexican company and a leader in the hospitality industry, offering authentic and unforgettable vacation experiences in Cancun and the Riviera Maya. It was founded more than 30 years ago and has grown to offer six resorts, world-class travel services, amenities and a diverse network of operational and marketing solutions that focus on providing the best vacation experiences for its Members and guests. From cultural excursions to water sports, the Members of Sunset World are never far from their next great adventure.

Media Contact

Nayely Nahuat, Sunset World, +52 (998) 287 3502, marcom@sunset.com.mx

 

SOURCE Sunset World

Canadian Solar Subsidiary Recurrent Energy Completes Sale and Breaks Ground on the Slate Project, Expected to Be One of the Largest PV + Battery Storage Projects in the U.S.

GUELPH, ON, Jan. 13, 2021 /PRNewswire/ — Canadian Solar Inc. («Canadian Solar») (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Slate project to Goldman Sachs Renewable Power LLC («GSRP»). Revenue from the transaction will be recognized in Q1 2021 and commercial operation is anticipated in late 2021.

The Slate project is a 300 MWac solar plus 140.25 MW /…

GUELPH, ON, Jan. 13, 2021 /PRNewswire/ — Canadian Solar Inc. («Canadian Solar») (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Slate project to Goldman Sachs Renewable Power LLC («GSRP»). Revenue from the transaction will be recognized in Q1 2021 and commercial operation is anticipated in late 2021.

The Slate project is a 300 MWac solar plus 140.25 MW / 561 MWh storage project located in Kings County, California, and has commenced construction. Canadian Solar’s majority-owned energy storage subsidiary, System Solutions and Energy Storage («SSES»), will provide the battery storage integration solution for the project. Additionally, PNC Bank is providing a tax equity commitment to the project, which demonstrates its pledge to not only manage its own operations in an environmentally sustainable manner, but also to support clients with innovative financing options as the world transitions to a low-carbon economy.

The project has signed PPAs with five different off-takers, four of which are solar and energy storage, and one that is solar-only.

Dr. Shawn Qu, chairman and CEO of Canadian Solar stated, «The Slate project is Recurrent Energy’s largest solar-plus-storage project and represents continued investment in a community where we have done business for nearly a decade. Given the huge market opportunity presented by battery storage, both standalone as well as paired with solar, we have focused significant resources in developing our own technological, servicing and financing solutions over the past few years. We are now starting to see our efforts come to fruition and are solidly positioning Canadian Solar as a market leader in this space. This transaction demonstrates that our SSES team is now a top bankable battery storage solutions provider with deep technical know-how in solar and battery integration technology. Likewise, the Recurrent Energy team has done an excellent job in growing our storage pipeline in the U.S. which is currently over 4 GWh.»

Dr. Qu added, «Having recently transacted with Goldman Sachs Renewable Power on our first large-scale storage integration and long term service agreement for the neighboring Mustang project, after the project sale in 2019, we are pleased to partner again with GSRP on the Slate project, expected to be one of the largest integrated solar-plus-storage projects in the U.S.»

Jon Yoder, Head of the Renewable Power Group of Goldman Sachs Asset Management, said «We are very excited to partner with Canadian Solar once again on a landmark project that will provide a significant new source of clean, renewable energy to California and a battery storage system that will help facilitate California’s transition to a carbon free power grid.»

The Slate project will generate enough low-cost, clean energy to power approximately 126,000 California homes. The power plant will utilize approximately 962,000 of Canadian Solar’s high efficiency bifacial BiKu modules across approximately 2,400 acres in Kings County, California.

Dr. Qu added, «We applaud our Slate customers for their commitment to use solar generation coupled with expanded storage capacity to enable a cleaner energy economy and brighter future in California. As solar-plus-storage installations in the US are expected to nearly triple in 2020 and more than double in 2021, we are pleased to continue to offer flexible and reliable clean energy and grid reliability solutions for our customers and the communities they serve.»

The project is expected to employ 405 workers at peak construction, with at least 50% of those construction jobs expected to be filled by local skilled tradesmen from the Kings County area. Along with indirect economic benefits that accompany solar project development, such as increased local spending in the service and construction industries, the Slate project will also have a positive economic impact on the local community by providing significant tax revenues for Kings County.

«This is a landmark solar-with-storage transaction and an exciting opportunity to support our respected clients Canadian Solar and Goldman Sachs Renewable Power,» said Michael Ziemke, managing director of Renewable Energy Finance Group for PNC Bank. «At PNC, we are proud to do our part to help successfully transition to a low-carbon economy by continuing to support our clients’ strategies for more sustainable operations and providing them with the sustainable financing programs they need.»

About Canadian Solar Inc. 

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 49 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 5.6 GWp in over 20 countries across the world. Currently, the Company has over 500 MWp of projects in operation, over 5 GWp of projects under construction or in backlog (late-stage), and an additional 11 GWp of projects in pipeline (mid- to early- stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About Recurrent Energy (Canadian Solar Subsidiary)

Recurrent Energy is a leading utility-scale solar and storage project developer, delivering competitive, clean electricity to large energy buyers. Based in the U.S., Recurrent Energy is a wholly owned subsidiary of Canadian Solar Inc. and functions as Canadian Solar’s U.S. project development arm. Recurrent Energy has approximately 5 GW of solar and storage projects in development in the U.S. Additional details are available at www.recurrentenergy.com.  

About System Solutions and Energy Storage, SSES (Canadian Solar Subsidiary)

SSES is one of the top providers of turnkey energy storage battery systems and solutions in the world and leverages Canadian Solar’s vast experience in developing and executing renewable energy projects to offer highly bankable and competitive integrated energy storage solutions. The division is staffed by energy storage and renewable energy veterans who work closely with leading battery technology partners and project developers to provide innovative storage solutions. Canadian Solar also offers its energy storage customers long term operation and maintenance services including battery capacity augmentation, warranty-wrapped energy capacity and performance guarantees as well as safe and reliable system operations.

About Goldman Sachs Renewable Power LLC

Goldman Sachs Renewable Power LLC is a privately held company managed by the Renewable Power Group of Goldman Sachs Asset Management (GSAM). GSRP is the sponsor of more than 800 solar projects across 27 U.S. states that collectively have a capacity of more than 2.3 gigawatts of clean, renewable power. GSAM’s Renewable Power Group is comprised of investment professionals with leading industry expertise across transaction sourcing, financial analysis, power markets and physical asset analysis and operations. The team takes a long-term ownership approach to the operations and management of renewable assets and benefits from Goldman Sachs’ extensive network of relationships, leading institutional infrastructure and in-house industry knowledge and experience. The Renewable Power Group is part of GSAM, one of the world’s leading asset managers with approximately $1.9 trillion in assets under supervision globally as of September 30, 2020

About PNC Bank

PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the «Safe Harbor» provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as «believes,» «expects,» «anticipates,» «intends,» «estimates,» the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; delays in the process of qualifying to list the MSS subsidiary in the PRC; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company’s SEC filings, including its annual report on Form 20-F filed on April 28, 2020. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

Cision View original content:http://www.prnewswire.com/news-releases/canadian-solar-subsidiary-recurrent-energy-completes-sale-and-breaks-ground-on-the-slate-project-expected-to-be-one-of-the-largest-pv–battery-storage-projects-in-the-us-301207187.html

SOURCE Canadian Solar Inc.

GFL Environmental Inc. Sets Date for Full Year 2020 Earnings Release and 2021 Outlook

VAUGHAN, ON, Jan. 13, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that it will release its fourth quarter and full year 2020 financial results and 2021 outlook after the market closes on Monday February 22, 2021 and will host an investor conference call related to this release on Tuesday February 23, 2021 at 8:30 am Eastern Time.  

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VAUGHAN, ON, Jan. 13, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that it will release its fourth quarter and full year 2020 financial results and 2021 outlook after the market closes on Monday February 22, 2021 and will host an investor conference call related to this release on Tuesday February 23, 2021 at 8:30 am Eastern Time.  

A live audio webcast of the conference call can be accessed by logging onto the Company’s Investors page at investors.gflenv.com or by clicking here or listeners may access the call toll-free by dialing 1-844-824-3839 or 1-855-669-9657 (conference ID: 10150538) approximately 15 minutes prior to the scheduled start time. 

The Company encourages participants who will be dialing in to pre-register for the conference call using the following link: https://dpregister.com/sreg/10150538/ded9ae7a5c. Callers who pre-register will be given a conference passcode and PIN to gain immediate access to the call and bypass the live operator on the day of the call. Participants may pre-register at any time, including up to and after the call start time. For those unable to listen live, an audio replay of the call will be available until March 9, 2021 by dialing 1-844-824-3839 or 1-855-669-9657 (access code 10150538).

About GFL

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in 27 states in the United States.  Across its organization, GFL has a workforce of more than 15,000 employees and provides its broad range of environmental services to more than 135,000 commercial and industrial customers and its solid waste collection services to more than 4 million households. 

For further information: Patrick Dovigi, Founder and Chief Executive Officer, +1 905-326-0101, pdovigi@gflenv.com

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SOURCE GFL Environmental Inc.