Monster Energy Unveils Cinematic Racing Video «Shifting Gears» Featuring Kurt Busch

KEY WEST, Fla., Feb. 16, 2021 /PRNewswire-PRWeb/ — Not your average NASCAR video! Prepare to see high-speed racing action like never before in the latest Monster Energy NASCAR video starring Kurt Busch. Watch the 42-year-old NASCAR icon from <span…

KEY WEST, Fla., Feb. 16, 2021 /PRNewswire-PRWeb/ — Not your average NASCAR video! Prepare to see high-speed racing action like never before in the latest Monster Energy NASCAR video starring Kurt Busch. Watch the 42-year-old NASCAR icon from Las Vegas, Nevada, in the brand-new «Shifting Gears» release, live now on Monster Energy’s YouTube channel. The video drop coincides with Busch’s return to the iconic Daytona 500 on February 14, twenty years after his debut as a young rookie.

The high-definition video was shot on location in Key West, Florida. At a run time of 9:18 minutes, the «Shifting Gears» video packs a potent blend of visual stimuli: Speed runs down coastal highways at 200 mph, flashbacks of Busch’s NASCAR career highlights, helicopter chases and cameos featuring certified icons from the realms of auto racing, Harley-Davidson stunt riding, and freestyle motocross.

«It’s all about the fun aspect of doing something different in the world of NASCAR with our NASCAR car. We didn’t want to do a racetrack. We didn’t want to do things that you’ve already seen before,» said Busch about the concept behind the new «Shifting Gears» video.

Buckle up, because this one’s coming at you fast! On the eve of the 2021 Daytona 500 race, «Shifting Gears» released to global audiences and is available to view across Monster Energy’s social media channels. Viewers can now go online and watch the high-definition video on YouTube here.

Prepare for high-speed race action across scenic miles of coastal highway and iconic bridges from Marathon, Florida, all the way down to Key West. Also look forward to high-octane cameos from Monster Energy athletes Axell Hodges and Taka Higashino (motocross), the Unknown Industries crew of Harley Davidson riders and rapper Vanilla Ice.

«We wanted to really create the imagery and the cinematography that the Keys provide within the video. That turquoise water, the openness of the bridges, the road trip with the wind in your hair and that feel of just being out on the open road.» said Busch about the project, adding: «We wanted to feature motocross freestyle and the Harley guys. I do follow motorsports everywhere, and it is just a blast to blend in my world with them.»

The release of «Shifting Gears» is a personal milestone for Busch in his storied NASCAR career: The video drops exactly 20 years after Busch made his debut in the legendary 500-mile race as a promising young rookie in front of over 17 million viewers on national TV in 2001.

«It’s hard to believe that it’s been 20 years! You know, I still feel the same fire and desire. The willingness to do whatever it takes to win is there. And it comes with more experience now,» said Busch looking back at his NASCAR record.

Milestones of Busch’s NASCAR career also feature as visual flashbacks in the «Shifting Gears» video. Known as one of NASCAR’s most prominent ambassadors, Busch has built a NASCAR record that includes wins in all three of NASCAR’s top divisions: The Cup Series, the Xfinity Series, and the Camping World Truck Series. Plus, arguably the biggest win of his career at the Daytona 500 in 2017.

Asked about returning to the Daytona International Speedway in 2021, Busch said: «I feel honored, privileged and I am enjoying this opportunity this late in my career. It’s been four years since I won there, but all of it gives me that fuel and the desire to win it!»

For a look back at Busch’s career highlights – and some of the most cinematic NASCAR racing action ever caught on video – viewers can now go online and watch «Shifting Gears», live on YouTube in full HD.

«I enjoyed making this video. This reflection through the Keys and driving and experiencing my Monster Energy NASCAR car out on the open road. That has never been done before and it took all of that teamwork. It took the trust and belief in everybody,» said Busch about the release of «Shifting Gears».

Download High Res Photos for Editorial Use.

See the results of all the hard work on YouTube and also make sure to read the background story behind the making of «Shifting Gears» on the Monster Energy website, featuring exclusive commentary from Busch himself.

Also visit http://www.monsterenergy.com and follow Monster Energy on Facebook, Instagram, Twitter for exclusive updates from the Daytona 500, as well as Kurt Busch and our team of NASCAR athletes.

About Monster Energy
Based in Corona, California, Monster Energy is the leading marketer of energy drinks and alternative beverages. Refusing to acknowledge the traditional, Monster Energy supports the scene and sport. Whether motocross, off-road, NASCAR, MMA, BMX, surf, snowboard, ski, skateboard, or the rock and roll lifestyle, Monster Energy is a brand that believes in authenticity and the core of what its sports, athletes and musicians represent. More than a drink, it’s the way of life lived by athletes, sports, bands, believers and fans. See more about Monster Energy including all of its drinks at http://www.monsterenergy.com.

Media Contact

Kimberly Paige Dresser, Indie Agency, Inc., (949) 300-5546, kim.dresser@indiepragency.com

Twitter, Facebook

 

SOURCE Monster Energy

Maestro Asks: Is Your Current PMS Helping or Hindering Your Reopening Plans?

MARKHAM, Ontario, Feb. 16, 2021 /PRNewswire-PRWeb/ — 2021 is a year of disruption. Not only has the hotel business come to a screeching halt in many markets, but travelers are modifying their list of must-haves if operators want them to return, and touchless experiences — such as contactless payments, mobile check-in/out, mobile reservations, mobile keys, and hotel-to-guest text messaging — are topping their list of demands. <a target="_blank"…

MARKHAM, Ontario, Feb. 16, 2021 /PRNewswire-PRWeb/ — 2021 is a year of disruption. Not only has the hotel business come to a screeching halt in many markets, but travelers are modifying their list of must-haves if operators want them to return, and touchless experiences — such as contactless payments, mobile check-in/out, mobile reservations, mobile keys, and hotel-to-guest text messaging — are topping their list of demands. Maestro, the preferred cloud and on-premises property-management system solution provider for independent hotels, luxury resorts, conference centers, vacation rentals, and multi-property groups, is making it easier for hoteliers to evaluate their current system features and the vendor services needed to reopen successfully in the days/week/months ahead.

«The line between technologies that are ‘nice to have’ and those that operators ‘must have’ is vanishing as the Coronavirus lingers on and consumers are getting anxious to travel again,» said Warren Dehan, Maestro President. «People are tired of being confined. They want to get out of the house or office . . . explore new places, site-see, people watch . . . just be anywhere other than where they have been for the last eight to 12 months. Research shows that consumers are willing to travel in 2021. The deciding factors in which hotel they choose comes down to cleanliness, contactlessness, and the ability to digitally communicate with their chosen hotel via mobile device while still receiving a personalized experience.»

A 2020 industry study asked travelers: «What are the most important factors in selecting a specific hotel?» Seventy-six percent of those surveyed cited «confirmation of the date and time that a guest’s room was last cleaned» as a top priority, and 72% said «the hotel has extended the time period between guest stays in a specific room» were most important. Undeniably, there is a direct correlation between what tomorrow’s travelers want and the functionality that PMSs must offer to meet guest demands. According to the study:

  • 63% of travelers said it’s important to them that the hotel text them pre-stay information
  • 64% said they are willing to use self-service technology to reduce wait times
  • 59% said they want the ability to make contactless payments
  • 57% want to check-in/out via their personal mobile device
  • 54% expect to make reservations from their mobile device and use those devices as mobile keys
  • 53% want the ability to check-in/out via kiosk
  • 50% expect the hotel to provide personalized service based on their purchase history
  • 49% prefer to use contactless/touchless technology at hotels and restaurants

«If you’ve been told migrating to a cloud-based PMS is all you need to weather today’s economic storm — don’t be fooled,» Dehan said. «The platform your PMS operates on (whether the server is in the cloud, in a private cloud, a managed data center, or in the hotel’s IT room) is not nearly as important as whether or not the system can meet your specific operational needs. The added support of a flexible and scalable web-browser-based PMS with robust features, contact free, mobile and choice of 100s of third-party technologies through an open API will accompany a successful implementation. More than ever, property groups need a solution provider that gives them the power to choose key aspects of their operational technology needs, rather than having them work within the confines of a provider’s limitations.»

Travelers have spoken. As much as they want a contactless experience, operators still need to maintain a high touch environment as they deliver the stay experience that guests are accustomed to and expect. For instance, guests want to know not just when the room was cleaned last, but when was the last time someone occupied the room and slept in their bed. Today’s PMSs must have the functionality to convey that information and so much more if the hotel is going to capture market share.

«Maestro, for example, has programmed its Housekeeping Module to create gaps in room rental spacing to allow time for complete room sanitization,» Dehan noted. «It also has mobile texting capability and room status updates so details about room cleanliness and sanitization can be shared with guests even before they arrive on premises. Our Maestro Front Office system also offers a ‘wear and tear’ room rotation option that can be programmed to sell rooms that have been vacant the longest first. This type of functionality is not common in all systems; it is a feature based on user demands and continuous system updates over time. Operators must do a deep evaluation of their current systems to see if they are really ready for reopening.»

Hotel Technology Experts Speak to PMS
Identified by Lodging magazine as one of the top 10 hospitality technology experts changing the travel industry, John Burns, president of Hospitality Technology Consulting, said the pandemic has impacted every aspect of the hotel operation. Guests are now primarily from the «Local/Leisure» market category, and the interest of these guests extends well beyond just a comfortable, secure bed for the night.

«Today’s guests seek a welcoming room, but they also want a combination of services, activities and experiences to be enjoyed on-property and nearby to the hotel,» Burns said. «They want plentiful information on these services, and they want to be able to easily reserve them online and enjoy them with an array of pandemic-related safeguards in place. Fulfilling these expectations requires creativity, planning, and a willingness to implement new processes. It also requires technology to support the promotion and delivery of these ‘beyond-the-guestroom’ services. This technology includes the hotel/brand website and booking engine which must be appealingly present (and enable reservations). It must answer many more questions to describe and promote the property . . . provide an arrival-to-checkout contactless environment . . . offer extensive pre-arrival and on-property hotel/guest communications . . . and structure, enable delivery, and charge for not only the accommodation but also the full array on ancillary service enjoyed by the guest.

«The heart of this technology suite is the property-management system,» he said. «Interfacing when necessary with peripheral technology, the PMS enables development, presentation, and delivery of the 2021 guest/property interaction. Not all PMSs have the needed capabilities to support this more complex workflow, resulting in the need by some hotels to either move up to a current generation PMS or relegate their hotel to a less-than-competitive position in the lodging marketplace.»

Ted Horner, managing director of E Horner & Associates, a hospitality technology consulting practice specializing in hotel systems selection, deployment, and integration, said as the uncertainty of COVID-19 continues and a cure is still some way off, it is imperative that PMS vendors provide hotels with as many modules and touchless tools that reduce or eliminate physical contact.

«Web check-in, check-out on your mobile phone, and electronic signature capture eliminates several unnecessary points of contact,» Horner said. «Many properties both large and small are now offering mobile-key guestroom access via an app on their phone that is fully integrated with their PMS. Now that this technology is proven, hotels should actively encourage guests to use it.»

Diane Estner, president of DANNI Enterprises, a hotel technology group specializing in hotel systems selection/deployment/integration, technology architecture, organization, and strategy, said she is convinced that 2021 is a good time to really scrutinize existing hotel technology in place, however, it may or may not be centered around changing the PMS.

«There are a number of legacy PMS systems that can accommodate the evolving contactless tools and mobile engagement, as there are a number of solid reliable companies, as well as new innovators, that have brought their solutions to market,» Estner said. «System integration and partner collaboration is what is needed most. Low occupancy, significantly reduced revenues, and operational pressures can feel catastrophic if a hotelier is dependent upon an older, inflexible PMS platform or PMS partner. The challenges we are experiencing today are best endured and supported thru a strong partner relationship that offers innovation and flexibility — and not all PMS companies are created equal, as we know.

«Hoteliers today must do their due diligence and find the features and flexibility they need to thrive, not just survive,» she said. «They must negotiate and be open to changing the model for their business, their operations, and where they draw their revenues from.»

PMS Evaluation Checklist Available from Maestro
To help hoteliers with the due-diligence process, Maestro is offering hoteliers a FREE PMS Evaluation Checklist to help them quickly determine how their system compares to others in the market. Operators can quickly compare general benefits and system features and functionality at a glance.

A few features for comparison on the PMS Evaluation Checklist include:

  • Flexible installation of either windows or web browser based (or combination) at the property on premise server, cloud hosted or in a private cloud.
  • Touchless and mobile tools for guests and staff, pre-arrival through to check out.
  • Text enabled communication to in-house guests to monetize and up sell services.
  • Soft check-in with automatic communication to housekeeping mobile app, automatic notification to guest once housekeepers change room status to notify them of room ready.
  • Housekeeping «service levels» by property and room type based on guest type.
  • All modules centralized on a single database to facilitate full property automation for leaner staff teams.
  • Mobile spa provider apps for real-time schedules, mobile spa/activity waiver forms with electronic signature capture.
  • 24/7 Support and live phone and chat by a central single team.
  • All upgrades and new version updates free of charge.

To access the Maestro PMS Evaluation Checklist, click here.

«With more and more functionality being demanded by travelers today to ensure themselves a safe stay, we believe that 2021 should be deemed the ‘Year of PMS,'» Dehan said. «The hotel industry is not just facing a health crisis; it’s facing a confidence crisis. The more that we as technology developers can do to fortify our solutions to meet traveler demands, the faster we can all recover. Most demands hinge on the flexibility and functionality of the PMS. Those hoteliers who are still operating with an underperforming system need to make some changes if they want to do more than just survive this year. Maestro is here to help.»

# # #

About Maestro
Maestro is the preferred cloud hosted and on-premises PMS solution for independent hotels, luxury resorts, conference centers, vacation rentals, and multi-property groups. Maestro’s PCI certified and EMV ready enterprise system offers 20+ integrated modules on a single database including touchless and mobile apps to increase profitability, drive direct bookings, centralize operations, and enable operators to engage guests with a safe and personalized experience. For over 43 years Maestro’s Diamond Plus Service has provided unparalleled 24/7 North American based support and education services to keep hospitality groups operational and productive. for more information on Maestro. Click here to get your free PMS Buying guide.

Media Contact

Barbara Worcester, Maestro PMS, 440-930-5770, barbw@prproconsulting.com

 

SOURCE Maestro PMS

NATACS Launches CDCCheck™ Digital Solution for CDC Order

WASHINGTON, Feb. 16, 2021 /PRNewswire-PRWeb/ — «CDCCheck™ is the solution operators need, now. NATACS has leveraged more than two decades of proven and trusted regulatory digital record-keeping experience to bring CDCCheck™ to a market in need of swift compliance assistance during these challenging times,» stated NATACS’s CEO Michael Sundheim.

As of January 26, 2021, all aircraft operators are required to confirm each passenger’s…

WASHINGTON, Feb. 16, 2021 /PRNewswire-PRWeb/ — «CDCCheck™ is the solution operators need, now. NATACS has leveraged more than two decades of proven and trusted regulatory digital record-keeping experience to bring CDCCheck™ to a market in need of swift compliance assistance during these challenging times,» stated NATACS’s CEO Michael Sundheim.

As of January 26, 2021, all aircraft operators are required to confirm each passenger’s documentation of a negative COVID-19 test result or proof of recovery and verify each passenger’s completion of an attestation. Further, aircraft operators have been directed to keep an electronic or paper record of the attestation for a period of two years.

CDCCheck™ digitizes and meets aircraft operators’ documentation and record-keeping requirements, while keeping sensitive passenger information safe, private, and secure. The process is quick and easy — starting at the time a flight is booked. The system allows passengers to enter their own information, electronically sign their attestations, and upload their test results ahead of their flight. Once complete, passengers are assigned a validation number for the crewmembers to review and confirm before embarkation. All data is kept electronically, reducing the handling of paper documentation by passengers and crewmembers.

«NATACS took great care in ensuring the same safeguards and integrity of passenger data for CDCCheck™ as are available across all of their platforms,» stated NATA’s Timothy Obitts, President & CEO. «As health concerns are paramount, this program further reduces the already minimal touchpoints afforded by private travel—a transformative advance for the industry.»

CDCCheck™ is compliant with the Order. It provides a high-level of consistency and security, throughout the collection process on every flight. As regulations are updated or amended, the system allows for fluidity to adapt to any changes.

Key CDCCheck™ Components:

  • Flight registration
  • Passenger reviews online CDC attestation form
  • Digital signature on passenger attestation
  • Electronic upload of tests and other documentation
  • Touchless verification at boarding and flight release
  • Secured online repository that complies with CDC requirements
  • Specific Privacy Act Notice to protect passenger data
  • And more.

About NATACS

NATA Compliance Services (NATACS) specializes in aviation regulatory compliance and helps operators comply with FAA, DOT and TSA regulations. As a subsidiary of the National Air Transportation Association, regarded as the «Voice of Aviation» in the United States, no other team in the business is better suited to fill the role of «Watchdog of Transportation» than NATACS.

From background checks, badging and fingerprinting to full anti-drug and alcohol management programs, you can count on getting the truth and trusting the results we produce. We are professionals who have collectively devoted six decades of aviation experience in investigation, verification and compliance programs; which is why we believe NATACS is the logical single-source for your security management needs.

For more information about NATACS, please visit https://info.natacs.aero.

Media Contact

Joe Dalton, NATA Compliance Services, +1 775-360-8875, joe@natacs.aero

Shannon Chambers, National Air Transportation Association, 800-808-6282, schambers@nata.aero

Twitter, Facebook

 

SOURCE NATA Compliance Services

The Home Depot to Donate $1 Million to Support Campus Improvements at Historically Black Colleges and Universities

ATLANTA, Feb. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ – The Home Depot ® will contribute $1 million in grants to support campus improvements at Historically Black Colleges and Universities (HBCUs) through its annual Retool Your School program, for which voting is now open. Established in 2009, the program has emphasized HBCUs’ vital role in the American higher education system. This year, the home improvement retailer is doubling its Retool Your…

ATLANTA, Feb. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ – The Home Depot ® will contribute $1 million in grants to support campus improvements at Historically Black Colleges and Universities (HBCUs) through its annual Retool Your School program, for which voting is now open. Established in 2009, the program has emphasized HBCUs’ vital role in the American higher education system. This year, the home improvement retailer is doubling its Retool Your School commitment to fund 30 projects, providing $20,000 to $75,000 grants per school. 

The Home Depot logo.

HBCU students, alumni and advocates can vote for their favorite HBCUs through Twitter and Instagram using the school’s designated hashtag found at retoolyourschool.com or through the voting portal also on the website. There are three school clusters, based on student population, and the ten schools with the most votes per cluster will be awarded the campus improvement grants. Voting is unlimited and ends on March 15, 2021 at 11:59 a.m. EST.

«Since 2009, The Home Depot has continued to increase its investment in campus improvements for HBCUs,» said Derek Bottoms, chief diversity, equity & inclusion officer for The Home Depot. «In addition to other HBCU initiatives supported by The Home Depot over the years, we are doubling our Retool Your School commitment to $1 million for 2021. We are ensuring that, upon their return to campus, HBCU students have an upgraded environment that enhances their educational experience as they progress on their journey to become the next generation of leaders.»

Retool Your School has provided more than $3.1 million for 117 sustainable campus improvement projects for 87% of the nation’s HBCUs. In total, more than 36 million votes have been cast in support of participating schools. 

Winners will be announced in April 2021. For more information on The Home Depot’s Retool Your School, visit retoolyourschool.com.

About The Home Depot 
The Home Depot is the world’s largest home improvement specialty retailer, with 2,296 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2019, The Home Depot had sales of $110.2 billion and earnings of $11.2 billion. The company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index. 

Logo – https://mma.prnewswire.com/media/118058/the_home_depot_logo.jpg

SOURCE The Home Depot

Hydropower Generation Market to Reach $317.8 Bn, Globally, by 2027 at 5.9% CAGR: AMR

PORTLAND, Ore., Feb. 16, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Hydropower Generation Market by Capacity (Small Hydro Power Plant (Up to 1MW), Medium Hydro Power Plant (1MW-10MW), and Large Hydro Power Plant (Above 10MW)): Global Opportunity Analysis and Industry Forecast, 2020-2027.» According to the report, the global hydropower generation…

PORTLAND, Ore., Feb. 16, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Hydropower Generation Market by Capacity (Small Hydro Power Plant (Up to 1MW), Medium Hydro Power Plant (1MW-10MW), and Large Hydro Power Plant (Above 10MW)): Global Opportunity Analysis and Industry Forecast, 2020-2027.» According to the report, the global hydropower generation industry garnered $202.4 billion in 2019, and is projected to generate $317.8 billion by 2027, manifesting a CAGR of 5.9% from 2020 to 2027.

Allied_Market_Research_Logo

Prime determinants of growth

Rise in demand for electricity in emerging economies and surge in adoption of clean energy worldwide drive the global hydropower generation market. However, high operational and capital costs restrict the market growth. On the other hand, rise in demand for renewable power and increase in hydropower installation capacity present new opportunities in the next few years.

Download Report Sample (230  Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/9821

Covid-19 Scenario

  • Governments imposed the lockdown to prevent the spread of coronavirus. This resulted in postponement of ongoing and proposed projects of governments. However, the impact on facilities with high level of automation has been lesser as compared to those that do not have automation.
  • There have been uncertainty and liquidity shortages, which in turn, led to occurrence of risks related to financing and refinancing of some of the hydropower projects. Moreover, few development and modernization projects have been halted as the supply chain disrupted.

The large hydro power plant (above 10MW) segment to maintain its highest contribution by 2027

Based on capacity, the large hydro power plant (above 10MW) segment accounted for the highest market share, holding nearly two-thirds of the total market share in 2019, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to improved efficiency, long life span, less maintenance & operation cost, high reliability, and upcoming hydropower projects. However, the medium hydro power plant (1MW – 10MW) segment is projected to manifest the highest CAGR of 6.2% from 2020 to 2027, owing to increase in electrification activities in rural areas across the Asia-Pacific.

Get detailed COVID-19 impact analysis on the Hydropower Generation Market: https://www.alliedmarketresearch.com/request-for-customization/9821?reqfor=covid

Asia-Pacific, followed by North America, to maintain its dominant position by 2027

Based on region, Asia-Pacific, followed by North America, accounted for the largest share in 2019, contributing to nearly half of the total share, and will maintain its dominant position in terms of revenue by 2027. Moreover, this region would witness the fastest CAGR of 6.2% during the forecast period. This is attributed to rapid industrialization and urbanization, demand for renewable energy, and the need to reduce the dependency on conventional fossil fuels for energy generation.

Leading market players

  • Andritz Hydro
  • CPFL Energia S.A.
  • GE Energy
  • IHI Corporation
  • Sinohydro Corporation
  • China Hydroelectric Corporation
  • Alstom Hydro
  • ABB Ltd.
  • China Three Gorges Corporation
  • Gerdau S.A.

Interested in Procure Data? Visit Here: https://www.alliedmarketresearch.com/hydropower-generation-market/purchase-options

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports We Have:   

Green Power Market – Global green power market is anticipated to generate $103.5 billion by 2027, growing at a CAGR of 12.3% from 2020 to 2027.

Concentrated Solar Power Market – Global concentrated solar power market is projected to reach $ 8,046.7 million by 2026, growing at a CAGR of 10.3% from 2019 to 2026.

Geothermal Power Market -Global geothermal power market is projected to reach $6.8 billion by 2026, growing at a CAGR of 5.0% from 2019 to 2026.

Wave Energy Market – Global wave energy market size was valued at $43.8 million in 2019, and is projected to reach $141.1 million by 2027, growing at a CAGR of 17.8% from 2020 to 2027.

Smart Energy Market – Global smart energy market is projected to reach $253.1 billion by 2027, growing at a CAGR of 9.6% from 2020 to 2027.

Small Wind Power Market – Global Small Wind Power Market is expected to reach $8,874 million by 2022, registering a CAGR of 13.2% from 2014 to 2022.

Pre-Book Now with 10% Discount:

Hydro Turbine Market: Global Opportunity Analysis and Industry Forecast 2020–2027

Wind Electric Power Generation Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Nuclear Electric Power Generation Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Power Generation Technologies Market: Global Opportunity Analysis and Industry Forecast 2020-2027

Biomass Power Generation Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Floating LNG Power Vessel Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research 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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact us:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web
: https://www.alliedmarketresearch.com
Follow us on: LinkedIn Twitter

 

 

Cision View original content:http://www.prnewswire.com/news-releases/hydropower-generation-market-to-reach-317-8-bn-globally-by-2027-at-5-9-cagr-amr-301228813.html

SOURCE Allied Market Research

Additional CA Business Tax Rules going into effect affecting states outside CA Update: 2021

LA JOLLA, Calif., Feb. 16, 2021 /PRNewswire/ — Tax season is upon us and the newest revisions to the California tax codes affect not only residents of the state but those who do business with CA (the 5th largest economy in the world).

<p title="**UPDATE: 2021** Additional CA Business Tax Rules going into effect affecting states outside CA. Tax season is upon us and the newest revisions to the…

LA JOLLA, Calif., Feb. 16, 2021 /PRNewswire/ — Tax season is upon us and the newest revisions to the California tax codes affect not only residents of the state but those who do business with CA (the 5th largest economy in the world).

For the millions of Californians who went to the polls in November these ballot measures and Bills may be familiar. Here are three that passed into law and two that did not.  The team at Milikowsky Tax Law reviews what they are and what they mean for your business and personal taxes in 2021.

In June 2020, Gov. Gavin Newson (D) signed into law Assembly Bill 85 which included retroactive tax increases.

  1. AB85 suspends a business’ ability to claim a CA net operating loss (NOL) deduction in 2020, 2021, or 2022. («Net Operating Losses» result when a company’s expenses exceed its revenue in a year).
  2. Businesses with net income below $1 million may still claim the NOL deduction. Therefore, if your company lost money in 2020 and then had net income of $1M or more in 2021 and beyond, your NOLs would be suspended.

This law applies to all businesses – individuals (Sch C filers), flow through entities, and C corporations.

The law also retroactively caps at $5 million the amount of credits a business may claim in 2020, 2021, and 2022.

A slight tax reduction was enacted for certain businesses that are newly register to do business in the state in 2021, 2022, or 2023, with a three-year suspension of the $800 minimum corporate tax.

SB 1447 passed into law: The Small Business Hiring Tax Credit

The Small Business Hiring tax credit is available on a first-come, first-served basis, and is equal to $1,000 per each net new employee, up to $100,000 per business.

The requirements to claim the credit are that the business:

  • Has fewer than 100 employees and
  • Experienced a 50% or greater decline in gross income during the second quarter of 2020.

The credit can reduce a business’ personal income tax, corporation tax, or sales tax bill. The credit expires December 31, 2021.

Prop 19 – The Property tax law

Described as a protection for the elderly or those transferring property from one generation to the next, Prop 19, in practice, limits the conditions in which property owners can transfer California real property between parent and child without triggering a reassessment of the property value for property tax purposes.

The new rules go into effect on February 16, 2021.

Under Prop 19, properties are taxed based on their assessed value (also known as the base year value or taxable value) rather than their fair market value.

Assessed value equals the purchase price plus a 2% increase per year until there is a change in ownership.

The existing law excludes from reassessment transfers between parents and children of the transferor’s (a) primary residence, regardless of value, and (b) $1 million of assessed value of «other real property» (such as second homes and investment properties).  This is commonly referred to as the parent-child exclusion.

Prop 19 has the following effects:

  • The ability to transfer $1M of assessed value of «other property» is eliminated.
  • The ability to transfer a primary residence between parent and child without reassessment will not apply unless two conditions are met:
    • The primary residence must also become the recipient (or child)’s primary residence; and
    • The fair market value (FMV) of the primary residence at the time of transfer cannot exceed the transferor’s assessed value by more than $1 million.

If the difference between FMV and the Assessed value is greater than $1M, then the NEW assessed value will be the FMV less $1M.

If the transferor’s primary residence does not become the recipient’s primary residence, then the property will be reassessed at its fair market value.

What the new law from Prop19 means for you:

If you are transferring a home to a child and you bought that home in the 1960s or 70s in an area which was off the beaten path and – in the intervening years – the world has grown up around you significantly elevating your property value;  And, if you are now downsizing and giving the property to your child to be used as their primary residence; you may well be «gifting» them a large tax burden.

The following bills did NOT get passed into law:

AB 1253 would have increased California’s highest income tax rate of 13.3% income to 16.8% on some high-income individuals, which would have been retroactive to January 1, 2020 (before COVID-19).

AB 2088, «The Wealth Tax», would have imposed a 0.4% wealth tax on all net worth above $30 million (global assets owned) taking into account all assets and liabilities held by an individual globally.

  • It would have applied to residents, part-year residents, and to any person who spends more than 60 days in California in a given year.
  • If the wealth tax had passed, there would have been a «tail» requiring you to keep paying for ten years. Likely this was aimed at the people who are migrating out of CA for tax purposes to places like AZ and TX as this law would have also taxed people who left CA.

John Milikowsky
jmilikowsky@milikowskytaxlaw.com  
858-450-1040

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/additional-ca-business-tax-rules-going-into-effect-affecting-states-outside-ca-update-2021-301227978.html

SOURCE Milikowsky Tax Law

Ontario International Airport began 2021 with double-digit gain in cargo volume while pandemic continued to depress passenger numbers

ONTARIO, Calif., Feb. 16, 2021 /PRNewswire/ — Ontario International Airport (ONT) began 2021 just as it closed out 2020, with a double-digit increase in commercial freight volume while the COVID-19 pandemic continued to depress passenger numbers.

<a href="https://mma.prnewswire.com/media/1438749/Ontario_International_Airport_Southwest_737_and_UPS_A300.html" target="_blank"…

ONTARIO, Calif., Feb. 16, 2021 /PRNewswire/ — Ontario International Airport (ONT) began 2021 just as it closed out 2020, with a double-digit increase in commercial freight volume while the COVID-19 pandemic continued to depress passenger numbers.

January freight volume totaled more than 70,500 tons, a 15.6% increase compared to the same month last year and extending a trend of robust cargo shipments as Southern Californians continued to rely heavily on e-commerce to keep their households and businesses supplied. At the same time, shipments of mail more than doubled year-over-year to 3,225 tons.

«Cargo continued to be a source of strength in January like it was for all of 2020,» said Mark Thorpe, chief executive officer of the Ontario International Airport Authority. «Freight shippers continued to show great confidence in our ability to provide the infrastructure and facilities they needed to meet increasing demands on the e-commerce supply chain.»

January’s cargo volume continued a trend of double-digit growth at ONT, a leading North American carbo hub which saw freight tonnage increase by 10% or more in 10 different months last year.

In November, FedEx Express, a subsidiary of FedEx Corp. completed a $100 million investment in its ONT facilities, the centerpiece of which is a 251,000 square-foot complex with a sorting facility capable of handling 12,000 packages per hour, nine wide-body aircraft gates, 14 feeder aircraft gates and 18 truck docks. 

Air cargo

(tonnage)

January

2021

January

2020

Change

Freight

70,547

61,027

15.60%

Mail

3,225

1,587

103.23%

Total

73,772

62,614

17.82%

Meanwhile, passenger volume continued to be impacted by the pandemic as nearly 152,000 air travelers moved through ONT in January, 66% less than January 2020. More than 145,000 were domestic passengers and 6,475 were international fliers, decreases of 65% and 79%, respectively.

Thorpe expressed a note of optimism for higher passenger traffic this year, pointing out that airlines operating at ONT have announced plans to restart or initiate new flights to nine U.S. destinations by May while Colombia-based Avianca Airlines will begin service to El Salvador this summer. The Avianca route will be the first to Central America from the Inland Empire.

Passenger

Totals

January

2021

January

2020

Change

Domestic

145,385

423,643

-65.68%

International

6,475

30,896

-79.04%

Total

151,860

454,539

-66.59%

About Ontario International Airport
Ontario International Airport (ONT) is the fastest growing airport in the United States, according to Global Traveler, a leading publication for frequent fliers. Located in the Inland Empire, ONT is approximately 35 miles east of downtown Los Angeles in the center of Southern California. It is a full-service airport which, before the coronavirus pandemic, offered nonstop commercial jet service to 26 major airports in the U.S., Mexico and Taiwan. More information is available at www.flyOntario.comFollow @flyONT on Facebook, Twitter, and Instagram   

About the Ontario International Airport Authority (OIAA)
The OIAA was formed in August 2012 by a Joint Powers Agreement between the City of Ontario and the County of San Bernardino to provide overall direction for the management, operations, development and marketing of ONT for the benefit of the Southern California economy and the residents of the airport’s four-county catchment area. OIAA Commissioners are Ontario Mayor Pro Tem Alan D. Wapner (President), Retired Riverside Mayor Ronald O. Loveridge (Vice President), Ontario City Council Member Jim W. Bowman (Secretary), San Bernardino County Supervisor Curt Hagman (Commissioner) and retired business executive Julia Gouw (Commissioner).

OIAA Media Contact:
Steve Lambert, (909) 841-7527 slambert@flyontario.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ontario-international-airport-began-2021-with-double-digit-gain-in-cargo-volume-while-pandemic-continued-to-depress-passenger-numbers-301228718.html

SOURCE Ontario International Airport

Momentum Dynamics And Eurovia (UK) Announce Memo Of Understanding To Provide Wireless Charging Solutions To UK Cities

MALVERN, Pa., Feb. 16, 2021 /PRNewswire/ — Momentum Dynamics Corporation, a leading provider of wireless charging for electric vehicles, and Eurovia UK, the entity responsible for maintaining and improving over 50,000 kms of the UK’s highway network, have announced a Memorandum of Understanding where the two companies will collaborate to develop wireless EV charging solutions for UK cities and fleets.  

MALVERN, Pa., Feb. 16, 2021 /PRNewswire/ — Momentum Dynamics Corporation, a leading provider of wireless charging for electric vehicles, and Eurovia UK, the entity responsible for maintaining and improving over 50,000 kms of the UK’s highway network, have announced a Memorandum of Understanding where the two companies will collaborate to develop wireless EV charging solutions for UK cities and fleets.  

Momentum and Eurovia Plan the Future of City-based EV Charging

The MOU heralds the beginning of a long-term partnership that will deliver a cable-free solution to the UK’s electric vehicle charging network. 

Wireless Charging Enables Fleets while Keeping Cities Clean
Wireless charging for electric vehicles allows practically invisible charging during regular operation. The system is automatic and dispenses with the need for visually-detracting cabling. While in-service, such as during the loading of passengers, an equipped vehicle parks over charging pads that are sunk into or on the roadway. The vehicle then receives incremental charging of a few minutes or longer before resuming duties.  The charging is automatic and requires no operation by the driver.  Charging ends as the vehicle departs from the pad.  The Momentum Dynamics wireless system can provide energy to vehicles from 25-450 kW.  The system can be used on all types of electric vehicles, from cars and buses to drayage and depot haulers and class 8 trucks/HGVs. The system is modular in design and is therefore easily scalable, works in all weathers and is unaffected by rain, ice or snow.

UK Cities Need to Adopt Diverse Approaches to EV charging
In 2019, the UK Government became the first major economy to enshrine net zero in law. Our challenge: achieving net zero greenhouse gas emissions by 2050, is significant – the transport sector is currently responsible for 28% of the UK’s domestic carbon emissions. As the government’s advisory body, the Committee for Climate Change (CCC), has put it: the 2020s must be the decisive decade of progress and action on climate change. The move to ban ICE vehicles by 2030, and the huge leap in consumer demand for EVs show we are starting to make changes in the right direction.  However, different use cases need different charging solutions and the aim should be to deliver the most appropriate and efficient solution for each case.

As the Department for Transport prepare to publish their Decarbonisation Plan for Transport this Spring, anything we can do to minimise carbon impacts will make a difference.

«From our work with many Highway Authorities up and down the UK, we understand the need to develop and deliver real solutions to the climate challenge. The Momentum Dynamic solution is one we think will make an immediate difference – providing wireless charging in a cost-efficient, time-efficient and visually appealing way.» said Yogesh Patel, Eurovia UK’s Process and Improvement Director. «As we plan for the long-term adoption of electric vehicles, we need to ensure we develop infrastructure that adds value to our communities without additional clutter on our streets.  We were inspired with Momentum’s work on wireless taxis with Jaguar Land Rover in Oslo and we see wireless charging as one of the solutions we need to explore to achieve net zero in the UK.»

Momentum Dynamics CEO, Andrew Daga said, «The cities of the future will charge their vehicles wirelessly – whether those vehicles are driven by people or especially when driven autonomously. This means we need to plan today for that very near tomorrow. Our work with Eurovia UK will accelerate the adoption of electric vehicles without adding unsightly cables to our lives and move us all toward a cleaner future.»

About Momentum Dynamics
Momentum Dynamics is a market-leading original technology developer of efficient, automatic, wireless charging systems for the automotive and transportation industries with real-world technology in operation that proves the capability and need for fast, automated opportunity charging of electric vehicles.  In transit bus applications, Momentum’s system has been proven through years of service at effective power levels of over 300 kW and the system is capable of delivering 450 kW. The company has announced a project with Jaguar Land Rover to supply 50kW wireless-charged I-Pace taxis to Oslo, Norway in Q1 2021. Momentum Dynamics practices world-class technology innovation and is recognized for the unique expertise of its engineers and scientists.

About Eurovia UK

Eurovia UK Limited is the parent company of the following businesses: Ringway Infrastructure Services Limited – a leader in operating, managing and maintaining long-term local authority highway contracts; Jean Lefebvre (UK) Limited – a technical consultancy delivering the highest standard of technical services and product development; and Eurovia Infrastructure Limited – the road contracting, specialist surfacing contracting and asphalt production businesses.

Eurovia UK Limited is a wholly owned subsidiary of Eurovia SAS which is a leading global transport and infrastructure services provider. Eurovia UK businesses support services across over 50,000kms of the UK highways network.

Safe Harbor Statement
This press release contains forward-looking statements regarding the Momentum Dynamics’ future growth.  These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from our expectations, including access to future capital at terms favorable to Momentum Dynamics, competition, general economic, business, and market conditions, and other risks and uncertainties that may adversely impact our business.  Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the Momentum Dynamics’ business including but not limited to, increased competition; the ability of Momentum Dynamics to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence; general economic conditions; and other risks. 

References:

1.    Under the UK Climate Change Act, the UK must reach Net Zero Greenhouse Gas emissions by 2050. The Act also requires the Government to set a new Carbon Budget every five years, following the advice of the Climate Change Committee. The Sixth Carbon Budget must be legislated by June 2021. Sixth Carbon Budget – Committee for Climate Change Building back better – Raising the UK’s climate ambitions for 2035 will put Net Zero within reach and change the UK for the better – Climate Change Committee (theccc.org.uk)

2.    Sales of pure electric and plug-in hybrid cars soared last year, with more than 175,000 vehicles registered representing a growth of 140%. – Fleet News 14th Jan 2020Plug-in car sales grew by 140% in 2020 | Electric fleet news

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/momentum-dynamics-and-eurovia-uk-announce-memo-of-understanding-to-provide-wireless-charging-solutions-to-uk-cities-301228363.html

SOURCE Momentum Dynamics Corporation

According to Fluoride Action Network, the NAS strengthens findings on fluoride’s neurotoxicity

NEW YORK, Feb. 16, 2021 /PRNewswire/ — The Fluoride Action Network (FAN), a non-profit group dedicated to education on fluoride’s toxicity, finds that the National Academies of Sciences’ (NAS) recent <a target="_blank"…

NEW YORK, Feb. 16, 2021 /PRNewswire/ — The Fluoride Action Network (FAN), a non-profit group dedicated to education on fluoride’s toxicity, finds that the National Academies of Sciences’ (NAS) recent peer-review of the National Toxicology Program’s (NTP) revised report, strengthens the NTP’s conclusion that «fluoride is presumed to be a cognitive neurodevelopmental hazard to humans» lowering the IQ of children.

FAN agrees with the NAS that the NTP should place «more emphasis» on the «marked consistency» of the evidence:

«… 44 of the 46 studies … indicate an association between higher fluoride exposures and lower IQ. Those results highlight the marked consistency in the current epidemiologic literature on fluoride and childhood IQ.»

FAN adds that its own analysis indicates 15 of the 17 highest quality lower-dose studies most relevant to water fluoridation demonstrated the same «marked consistency» as did higher-exposure studies. 

FAN agrees with the NAS that NTP should not make definitive statements about fluoride’s effects at low doses until a «dose-response» analysis has been performed. This has been falsely interpreted by fluoridation defenders to imply that that lower doses are not neurotoxic!

In reality, the best human studies (Bashash 2017, 2018; Green 2019; Till 2020) have found neurotoxic harm to occur at current exposure levels for people living in fluoridated communities. When FAN and others have used the methods advocated by the NAS they predict a safe reference dose (RfD) which is extremely low. A pre-print study by Grandjean et al. report a very low safe reference dose needed to protect the fetus. FAN’s analysis confirms their conclusion.

As far as exposure to the fetus or the bottle-fed infant is concerned, we believe, as with lead, there is «no safe level» for exposure to fluoride.

The NAS made numerous technical suggestions to improve the «clarity» of the document.  FAN agrees these would improve and strengthen the NTP report, but they are unlikely to alter the NTP’s conclusion that fluoride is a «presumed» developmental neurotoxicant.

According to Paul Connett, FAN director, «There is enough scientific evidence to conclude that both pregnant women and parents’ bottle-feeding infants, be warned to avoid fluoride. The only responsible thing now is for U.S. regulatory bodies to halt their support of water fluoridation. An immediate moratorium should be imposed so that no further damage is done to the mental development of children while further investigations are conducted.»

Cision View original content:http://www.prnewswire.com/news-releases/according-to-fluoride-action-network-the-nas-strengthens-findings-on-fluorides-neurotoxicity-301228676.html

SOURCE Fluoride Action Network

S&P Global makes over 9,000 ESG Scores publicly available to help increase transparency of corporate sustainability performance

NEW YORK, Feb. 16, 2021 /PRNewswire/ — S&P Global (NYSE: SPGI) launched a new public webpage highlighting S&P Global’s full suite of environment, social and governance (ESG) solutions, and for the very first time, access to S&P Global ESG Scores on 9,200 companies. S&P Global ESG Scores are the key…

NEW YORK, Feb. 16, 2021 /PRNewswire/ — S&P Global (NYSE: SPGI) launched a new public webpage highlighting S&P Global’s full suite of environment, social and governance (ESG) solutions, and for the very first time, access to S&P Global ESG Scores on 9,200 companies. S&P Global ESG Scores are the key factor for selecting companies for the Dow Jones Sustainability Indices (DJSI). The underlying data is also used as one of the analytical tools for a growing series of S&P ESG indices and S&P Global Market Intelligence Portfolio ESG Analytics, as well as being an entry point for the S&P Global Ratings ESG Evaluation.

Based on market demand for increased transparency into a company’s ESG profile, users can now search the widest coverage of ESG scores in the market. The publicly available S&P Global ESG Scores are a performance-based score ranging from 0-100 and include «E,» «S» and «G» dimension scores, peer comparisons, historical changes, and material ESG criteria data by industry. The score is informed by over 1,000 data points collected from both public sources and data provided directly by companies through the S&P Global Corporate Sustainability Assessment (CSA).

Martina Cheung, Head of ESG at S&P Global and President of S&P Global Market Intelligence said: «With increasing interest in ESG, reporting standards are evolving and market participants across every industry are looking to measure and manage ESG risks and opportunities. As one of the world’s most trusted data and analytics providers, S&P Global is committed to providing more transparent and comparable insights on ESG performance. The launch of publicly available S&P Global ESG Scores on over 9,000 companies, backed by the legacy of the CSA, will help increase dialogue and enable actionable decisions for all market participants.»    

The CSA, which is the basis for the S&P Global ESG Scores, is widely recognized as one of the most advanced ESG scoring methodologies and draws upon over 20 years of experience analyzing the impact of sustainability practices on a company’s long-term value creation. S&P Global ESG Scores are available on 9,200 companies, representing 95% of global market capitalization. 

Notable features on the new ESG webpage include:

  • An easy-to-use ESG Score finder with in-depth information on criteria and methodology.
  • The fully integrated S&P Global Sustainability Yearbook, one of the world’s most comprehensive publications providing in-depth analysis on corporate sustainability performance.
  • The ESG Product Finder, powered by Kensho and based on the S&P Global Marketplace storefront, features a suite of ESG product offerings from S&P Dow Jones Indices, S&P Global Market Intelligence, S&P Global Platts, S&P Global Ratings and S&P Global Trucost.

To learn more about S&P Global’s ESG solutions, please visit spglobal.com/esg.

About S&P Global

S&P Global is the world’s foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering deep data and insights on critical business factors including ESG. The Company’s divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. S&P Global has approximately 21,000 employees in 35 countries. For more information visit www.spglobal.com.

Media Contact
Farhan Husain
Head of ESG Communications
Farhan.husain@spglobal.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/sp-global-makes-over-9-000-esg-scores-publicly-available-to-help-increase-transparency-of-corporate-sustainability-performance-301228818.html

SOURCE S&P Global