Covanta Fairfax Recognized as Best Large Business of The Year

LORTON, Va., Feb. 11, 2021 /PRNewswire/ — Covanta Fairfax, the owner and operator of the waste-to-energy facility in Lorton, Virginia, recently received the Mount Vernon Lee Chamber of Commerce’s Best Large Business of The Year Award. The award is presented annually to one local business that has gone above and beyond in its business practices and embodies the values of the Chamber.

For over 30 years, Covanta Fairfax has…

LORTON, Va., Feb. 11, 2021 /PRNewswire/ — Covanta Fairfax, the owner and operator of the waste-to-energy facility in Lorton, Virginia, recently received the Mount Vernon Lee Chamber of Commerce’s Best Large Business of The Year Award. The award is presented annually to one local business that has gone above and beyond in its business practices and embodies the values of the Chamber.

For over 30 years, Covanta Fairfax has served the more than 900,000 residents and businesses in Fairfax County, VA with reliable and sustainable waste management.  Using waste-to-energy technology, the facility takes non-hazardous waste – otherwise destined for landfill – and combusts it, generating steam for electricity production. Ash is processed to recover metal for recycling while all gases are collected, filtered and cleaned to minimize environmental impact. 

«Covanta is honored to receive this recognition from the Mount Vernon Lee Chamber of Commerce,» said Don Cammarata, Area Asset Manager at Covanta. «Supporting our neighbors and local communities, especially during these uncertain times, is what community outreach is all about and gives meaning to our tagline, Protecting Tomorrow.»

Covanta Fairfax supports several important community organizations and causes, including the Lorton Community Action Center,  scholarships to local students, educational events and tours, safe drug disposal in partnership with the State of Virginia and the honorable retirement of old US Flags along with local veteran groups and Boy Scout troops.

«Apart from fighting climate change by processing more than one million tons of waste every year—and avoiding just as much landfill dumping and greenhouse gas pollution—Covanta Fairfax has been an active community member and strong supporter of local organizations,» stated Mark Murray, Chairman of the Mount Vernon Lee Chamber of Commerce. «For your efforts in these areas and more, we thank Covanta Fairfax for all that it has done to support our residents.»

In 2020, Covanta Fairfax completed major facility improvement projects, furthering its commitment to minimizing environmental impacts. This included the successful completion of a multiyear project to replace its four fabric filter baghouses, which remove 99.5 percent of particulate matter, and the installation of Low Nitrogen Oxide (NOx) systems on two of the facility’s four combustion units. This proprietary technology developed by Covanta enables existing waste-to-energy facilities to further reduce NOx emissions, equal to the removal of roughly 50,000 passenger cars from the road – a significant achievement for both the local environment and regional air quality. When this system is installed on all four units, the facility’s NOx emission levels will be less than 5% of the region’s total inventory.

By keeping waste out of landfills, Covanta Fairfax reduces greenhouse gas emissions by 1,220,000 tons of carbon dioxide, similar in impact to taking 236,000 passenger vehicles off the road for one year. The facility produces 80 megawatts of electricity 24 hours a day, 7 days a week; enough to power 62,000 homes for a year.

About Covanta

Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta’s modern Waste-to-Energy facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle over 500,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today’s most complex environmental challenges. For more information, visit www.covanta.com.

Cision View original content:http://www.prnewswire.com/news-releases/covanta-fairfax-recognized-as-best-large-business-of-the-year-301227070.html

SOURCE Covanta Holding Corporation

Growing Sales of E-vehicles to Influence Growth of the Bearing Market during the Tenure of 2020-2030: TMR

– The bearings market expects a good growth trajectory between 2020 and 2030 due to the overwhelming utilization across a large number of applications

– The projections made by the Transparency Market Research (TMR) experts suggest that the bearing market will expand at a CAGR of 7 percent during the tenure of 2020-2030

ALBANY, N.Y., Feb. 11, 2021 /PRNewswire/ — The increasing demand for high-performance <a target="_blank"…

– The bearings market expects a good growth trajectory between 2020 and 2030 due to the overwhelming utilization across a large number of applications

– The projections made by the Transparency Market Research (TMR) experts suggest that the bearing market will expand at a CAGR of 7 percent during the tenure of 2020-2030

ALBANY, N.Y., Feb. 11, 2021 /PRNewswire/ — The increasing demand for high-performance bearings has accelerated extensively over the years. The rising demand for bearings from a plethora of applications such as construction, agriculture, industrial equipment, aerospace, power transmission, automotive, robotics, and others will bring good growth opportunities. Bearings with low maintenance and great service life are further adding extra stars of growth.

Transparency Market Research Logo

Bearing is an element of a machine that is prominently used for supporting relative motion and assists in decreasing friction caused between moving parts. Consistent research and development activities across the bearings industry have accelerated the growth opportunities extensively. Thus, these aspects will transform the growth prospects of the global bearing market to a great extent.

Exhaustive research conducted by the experts at TMR has shed light on diverse growth aspects. The factors mentioned by the TMR experts will help in sowing the seeds of growth across the bearing market. The experts, after a thorough and detailed analysis, conclude that the global bearing market will record a CAGR of 7 percent across the assessment period of 2020-2030.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1647

Technological advancements are playing a crucial role in improving the growth prospects across the bearing market. The intense research and development activities coupled with the heightening demand from various sectors bring immense growth opportunities for the bearing market. Furthermore, varied supportive regulations from different countries in terms of the end-users of the bearing market will accelerate growth to a great extent.

Explore 190 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Bearing Market (Product: Ball Bearing, Roller Bearing, Plain Bearing, and Others; Material: Plastic, Ceramic, and Metal; Type: Unmounted Bearing and Mounted Bearing; Component: Balls, Rollers, Cages, Rings, and Others; Application: Automotive, Construction, Aerospace, Power Transmission, Oil & Gas, Agriculture, and Others; and Distribution Channel: Online and Offline) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/bearing-market.html

Bearing Market: Transparency Expert Diagnosis

The analysts at TMR expect the global bearing market to expand at a promising CAGR during the assessment period. The propelling demand for lightweight automotive components, evolving regulatory landscape, massive applications in diverse end-use industries will bring tremendous growth prospects for the bearing market.

The analysts advise the players in the bearing market to increase the growth rate by enhancing their production capacities and forging strategic partnerships with other companies. These factors, according to the TMR analysts will increase the growth opportunities across the bearing market substantially.

Analyze global bearing market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Key Findings of the Report

Escalating E-Vehicles Production to Serve As a Knight in Shining Armor in Terms of Growth

Environmental conservation has become one of the vital aspects across the globe. Awareness about reducing pollution is being generated among a large chunk of the populace. Thus, many individuals are opting for e-vehicles to reduce pollution. Therefore, the rising sales of e-vehicles are directly proportional to the growth of the bearing market.

Industrial Advancements to Increase Growth Prospects Considerably

The advent of the Industrial Internet of Things (IIoT) and other similar technologies are helping in the automation of several industries. These automation technologies need bearings on a large scale for reducing friction between the machines. Automation in factories and production units has also increased substantially due to the rising threat of COVID-19. Avoiding human contact will help in reducing transmission. All these factors will increase the growth rate of the bearing market.

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1647

Ongoing Research and Development Activities to Fuel Growth Advancements

Research and development activities are an important part of the growth of the bearing market. The players in the bearing market invest heavily in these activities for discovering novel insights. These insights help the players in the bearing market to launch new products and upgrade their existing products, eventually increasing the growth rate.

Explore Transparency Market Research’s award-winning coverage of the Global Factory Automation Industry:

Gantry Crane Market – The coronavirus outbreak has weakened global demand conditions and made the demand environment uncertain, which has had a negative impact on order intake. Companies in the gantry crane market are scrambling to stay productive during the COVID-19 outbreak and maintaining business continuity for critical mission projects.

Welding Torch and Wear Parts Market – The coronavirus (COVID-19) pandemic has virtually altered the global society and economy, and its repercussions are being felt in the welding industry as well. Companies in the welding torch and wear parts market are managing the short-term effects and preparing for potential adjustments in the long run.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/bearing-market.htm 
Blog: https://tmrblog.com/

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg  

Growing Sales of E-vehicles to Influence Growth of the Bearing Market during the Tenure of 2020-2030: TMR

– The bearings market expects a good growth trajectory between 2020 and 2030 due to the overwhelming utilization across a large number of applications

– The projections made by the Transparency Market Research (TMR) experts suggest that the bearing market will expand at a CAGR of 7 percent during the tenure of 2020-2030

ALBANY, N.Y., Feb. 11, 2021 /PRNewswire/ — The increasing demand for high-performance <a target="_blank"…

– The bearings market expects a good growth trajectory between 2020 and 2030 due to the overwhelming utilization across a large number of applications

– The projections made by the Transparency Market Research (TMR) experts suggest that the bearing market will expand at a CAGR of 7 percent during the tenure of 2020-2030

ALBANY, N.Y., Feb. 11, 2021 /PRNewswire/ — The increasing demand for high-performance bearings has accelerated extensively over the years. The rising demand for bearings from a plethora of applications such as construction, agriculture, industrial equipment, aerospace, power transmission, automotive, robotics, and others will bring good growth opportunities. Bearings with low maintenance and great service life are further adding extra stars of growth.

Transparency Market Research Logo

Bearing is an element of a machine that is prominently used for supporting relative motion and assists in decreasing friction caused between moving parts. Consistent research and development activities across the bearings industry have accelerated the growth opportunities extensively. Thus, these aspects will transform the growth prospects of the global bearing market to a great extent.

Exhaustive research conducted by the experts at TMR has shed light on diverse growth aspects. The factors mentioned by the TMR experts will help in sowing the seeds of growth across the bearing market. The experts, after a thorough and detailed analysis, conclude that the global bearing market will record a CAGR of 7 percent across the assessment period of 2020-2030.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1647

Technological advancements are playing a crucial role in improving the growth prospects across the bearing market. The intense research and development activities coupled with the heightening demand from various sectors bring immense growth opportunities for the bearing market. Furthermore, varied supportive regulations from different countries in terms of the end-users of the bearing market will accelerate growth to a great extent.

Explore 190 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Bearing Market (Product: Ball Bearing, Roller Bearing, Plain Bearing, and Others; Material: Plastic, Ceramic, and Metal; Type: Unmounted Bearing and Mounted Bearing; Component: Balls, Rollers, Cages, Rings, and Others; Application: Automotive, Construction, Aerospace, Power Transmission, Oil & Gas, Agriculture, and Others; and Distribution Channel: Online and Offline) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/bearing-market.html

Bearing Market: Transparency Expert Diagnosis

The analysts at TMR expect the global bearing market to expand at a promising CAGR during the assessment period. The propelling demand for lightweight automotive components, evolving regulatory landscape, massive applications in diverse end-use industries will bring tremendous growth prospects for the bearing market.

The analysts advise the players in the bearing market to increase the growth rate by enhancing their production capacities and forging strategic partnerships with other companies. These factors, according to the TMR analysts will increase the growth opportunities across the bearing market substantially.

Analyze global bearing market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Key Findings of the Report

Escalating E-Vehicles Production to Serve As a Knight in Shining Armor in Terms of Growth

Environmental conservation has become one of the vital aspects across the globe. Awareness about reducing pollution is being generated among a large chunk of the populace. Thus, many individuals are opting for e-vehicles to reduce pollution. Therefore, the rising sales of e-vehicles are directly proportional to the growth of the bearing market.

Industrial Advancements to Increase Growth Prospects Considerably

The advent of the Industrial Internet of Things (IIoT) and other similar technologies are helping in the automation of several industries. These automation technologies need bearings on a large scale for reducing friction between the machines. Automation in factories and production units has also increased substantially due to the rising threat of COVID-19. Avoiding human contact will help in reducing transmission. All these factors will increase the growth rate of the bearing market.

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1647

Ongoing Research and Development Activities to Fuel Growth Advancements

Research and development activities are an important part of the growth of the bearing market. The players in the bearing market invest heavily in these activities for discovering novel insights. These insights help the players in the bearing market to launch new products and upgrade their existing products, eventually increasing the growth rate.

Explore Transparency Market Research’s award-winning coverage of the Global Factory Automation Industry:

Gantry Crane Market – The coronavirus outbreak has weakened global demand conditions and made the demand environment uncertain, which has had a negative impact on order intake. Companies in the gantry crane market are scrambling to stay productive during the COVID-19 outbreak and maintaining business continuity for critical mission projects.

Welding Torch and Wear Parts Market – The coronavirus (COVID-19) pandemic has virtually altered the global society and economy, and its repercussions are being felt in the welding industry as well. Companies in the welding torch and wear parts market are managing the short-term effects and preparing for potential adjustments in the long run.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/bearing-market.htm 
Blog: https://tmrblog.com/

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg  

Growing Sales of E-vehicles to Influence Growth of the Bearing Market during the Tenure of 2020-2030: TMR

ALBANY, N.Y., Feb. 11, 2021 /PRNewswire/ — The increasing demand for high-performance bearings has accelerated extensively over the years. The rising demand for bearings from a plethora of applications such as construction, agriculture, industrial equipment, aerospace, power transmission, automotive, robotics, and others will bring good growth opportunities. Bearings with low maintenance and…

ALBANY, N.Y., Feb. 11, 2021 /PRNewswire/ — The increasing demand for high-performance bearings has accelerated extensively over the years. The rising demand for bearings from a plethora of applications such as construction, agriculture, industrial equipment, aerospace, power transmission, automotive, robotics, and others will bring good growth opportunities. Bearings with low maintenance and great service life are further adding extra stars of growth.

Transparency Market Research Logo

Bearing is an element of a machine that is prominently used for supporting relative motion and assists in decreasing friction caused between moving parts. Consistent research and development activities across the bearings industry have accelerated the growth opportunities extensively. Thus, these aspects will transform the growth prospects of the global bearing market to a great extent.

Exhaustive research conducted by the experts at TMR has shed light on diverse growth aspects. The factors mentioned by the TMR experts will help in sowing the seeds of growth across the bearing market. The experts, after a thorough and detailed analysis, conclude that the global bearing market will record a CAGR of 7 percent across the assessment period of 2020-2030.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1647

Technological advancements are playing a crucial role in improving the growth prospects across the bearing market. The intense research and development activities coupled with the heightening demand from various sectors bring immense growth opportunities for the bearing market. Furthermore, varied supportive regulations from different countries in terms of the end-users of the bearing market will accelerate growth to a great extent.

Explore 190 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Bearing Market (Product: Ball Bearing, Roller Bearing, Plain Bearing, and Others; Material: Plastic, Ceramic, and Metal; Type: Unmounted Bearing and Mounted Bearing; Component: Balls, Rollers, Cages, Rings, and Others; Application: Automotive, Construction, Aerospace, Power Transmission, Oil & Gas, Agriculture, and Others; and Distribution Channel: Online and Offline) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/bearing-market.html

Bearing Market: Transparency Expert Diagnosis

The analysts at TMR expect the global bearing market to expand at a promising CAGR during the assessment period. The propelling demand for lightweight automotive components, evolving regulatory landscape, massive applications in diverse end-use industries will bring tremendous growth prospects for the bearing market.

The analysts advise the players in the bearing market to increase the growth rate by enhancing their production capacities and forging strategic partnerships with other companies. These factors, according to the TMR analysts will increase the growth opportunities across the bearing market substantially.

Analyze global bearing market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Key Findings of the Report

Escalating E-Vehicles Production to Serve As a Knight in Shining Armor in Terms of Growth

Environmental conservation has become one of the vital aspects across the globe. Awareness about reducing pollution is being generated among a large chunk of the populace. Thus, many individuals are opting for e-vehicles to reduce pollution. Therefore, the rising sales of e-vehicles are directly proportional to the growth of the bearing market.

Industrial Advancements to Increase Growth Prospects Considerably

The advent of the Industrial Internet of Things (IIoT) and other similar technologies are helping in the automation of several industries. These automation technologies need bearings on a large scale for reducing friction between the machines. Automation in factories and production units has also increased substantially due to the rising threat of COVID-19. Avoiding human contact will help in reducing transmission. All these factors will increase the growth rate of the bearing market.

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1647

Ongoing Research and Development Activities to Fuel Growth Advancements

Research and development activities are an important part of the growth of the bearing market. The players in the bearing market invest heavily in these activities for discovering novel insights. These insights help the players in the bearing market to launch new products and upgrade their existing products, eventually increasing the growth rate.

Explore Transparency Market Research’s award-winning coverage of the Global Factory Automation Industry:

Gantry Crane Market – The coronavirus outbreak has weakened global demand conditions and made the demand environment uncertain, which has had a negative impact on order intake. Companies in the gantry crane market are scrambling to stay productive during the COVID-19 outbreak and maintaining business continuity for critical mission projects.

Welding Torch and Wear Parts Market – The coronavirus (COVID-19) pandemic has virtually altered the global society and economy, and its repercussions are being felt in the welding industry as well. Companies in the welding torch and wear parts market are managing the short-term effects and preparing for potential adjustments in the long run.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/bearing-market.htm 
Blog: https://tmrblog.com/

 

Cision View original content:http://www.prnewswire.com/news-releases/growing-sales-of-e-vehicles-to-influence-growth-of-the-bearing-market-during-the-tenure-of-2020-2030-tmr-301226804.html

SOURCE Transparency Market Research

Global Golf Cart and Buggy Market Report 2021-2026 – Increasing Golf Rental Services, Growing Promotional Activities by Vendors, & Technological Advances for Golf Carts

DUBLIN, Feb. 11, 2021 /PRNewswire/ — The «Golf Cart and Buggy Market – Global…

DUBLIN, Feb. 11, 2021 /PRNewswire/ — The «Golf Cart and Buggy Market – Global Outlook and Forecast 2021-2026» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Golf Cart and Buggy Market Report

The golf cart and buggy market by revenue is expected to grow at a CAGR of 4.6% during the period 2021-2026.

In terms of seating capacities, one-four golf cart seaters are expected to dominate the market across the world, expecting to project an incremental growth of $0.81 billion during the forecast period. The most crucial factor determining the growth of the market is the increasing popularity of golf as a sport across the globe, which has increased the demand for equipment.

Moreover, an important driver for the golf cart market has been the consistent growth in golfing events and golf tourism. The sport does attract holidaymakers; the business of golf tourism has led to a revenue-generating opportunity for manufacturers as they make the mobility of people easy. Golf travelers are exploring new destinations for golf holidays and are keen to travel beyond traditional destinations. This, in turn, provides opportunities for vendors to expand beyond borders.

The global golf and buggy market research report includes a detailed segmentation by fuel, application, end-user, seating capacity, geography. In terms of volume, electric golf carts are expected to observe the highest growth during the forecast period. Stringency in emission regulations and an increase in sustainability practices are expected to boost the growth of electric equipment. North America is projected to generate an incremental growth of over 41 thousand units during the forecast period.

However, the APAC region is likely to emerge as a major market with the growing number of golf courses in China, India, and Japan. Moreover, the shift from gasoline-based vehicles to the eco-friendly source of fuels is one of the major factors influencing the sale of electric devices. Severity in vehicle emissions and the increase in noise and pollution levels from petrol and diesel-powered golf vehicles are likely to decline the market revenue of gasoline variants.

However, a high power output and additional speed make gas-powered carts a preferred choice for several end-users. Furthermore, solar and electric-powered alternatives are expected to capture the market share during forecast years.

One-seater segment is witnessing growth due to low maintenance cost and increasing awareness of eco-friendly vehicles. These carts are witnessing demand from ace golfers. With one-seater carts offering similar advantages as traditional buggies, they are expected to observe high application. Two-four-seaters are widely used across the globe in multiple industries from golf courses to industrial locations.

One-four-seater golf carts are expected to reach over 549 thousand units by 2026. These vehicles are observing high adoption across the globe. They are designed to offer maximum comfort and safety. These carts are used to ferry a small number of people in wedding events, amusement parks, and in industries and warehouses to move people from parking to industrial space. Also, two-four-seaters are used in government offices, schools, universities to offer easy mobility.

The increased user participation in golfing activities and the high government spending to promote sports at grassroots are leading to the rapid expansion of golf courses across the world, thereby increasing the adoption of carts and buggies. Moreover, the rise in investment, coupled with the shift in the participation trend among players plays a vital role in boosting the market for golf carts. Steady growth in new course construction has been witnessed in the Philippines, Vietnam, Cambodia, and Laos.

The increasing adoption of buggies and carts in concerts, corporate events, wedding destinations, and worship events is a major factor responsible for the increased usage. There has been a consistent growth in the concert industry across the world and is witnessing a rapid and continuous increase in demand for live entertainment.

Europe is one of the major largest organizers of music festivals, which attract tourists from several countries of Asia and North America. They have witnessed high adoption in amusement parks, which are expected to drive the market. They are helpful in large, spaced amusement parks as they make mobility easy on the premises and improve the visitors’ experience at the park.

The US has witnessed a league of committed golfers, comprising approx. 20 million people. A significant rise in the number of junior golfers has also been witnessed in the last few years across the country, coupled with steady increase in active female golfers. These numbers and statistics are indicative of the strong affinity of the people toward golf.

The US is the largest market for both carts and buggies. The country is expected to offer significant opportunities for vendors to maximize revenue generation during the forecast period due to the strong affinity of the people in the country toward golf. While the COVID-19 pandemic has shut down several recreational activities, especially indoors, players have flocked to golf courses.

According to the National Golf Foundation, the golf rounds played in the US were over 20% higher in August 2020 than August 2019. Hence, increased activities are likely to grow the demand for carts in the region.

Major vendors are focusing on the US, Japan, South Korea, the UK, Canada, and China for future golf carts demands. However, other countries in the APAC region such as Thailand, Australia, and India are expected to hold a key during the forecast period.

Textron, Yamaha Golf Car Company, Club Car, and Garia are among the major vendors in the global golf cart market. Vendors are majorly inclined toward adopting acquisition strategies.

The market concentration in developed countries such as the US and other Western European countries is high, while the demand in emerging economies such as India is in the nascent stage due to the entry of several foreign brands.

KEY QUESTIONS ANSWERED

  • What is the total market value of the golf cart and buggy market during the forecast period?
  • Which are the top companies holding the highest market share in the golf cart market?
  • What are the recent technological developments aiding the growth of the market?
  • Which region is likely to dominate the golf cart and buggy market shares during the forecast period?
  • What are the emerging drivers and trends enabling the growth of the golf cart and buggy market?

Market Dynamics

Market Opportunities & Trends

  • Increasing Golf Rental Services
  • Growing Promotional Activities By Vendors
  • Technological Advances For Golf Carts

Market Growth Enablers

  • Increasing Number Of Golf Courses
  • Rapid Growth In Tourism And Hospitality Industry
  • Increasing Golfing Events & Golf Tourism

Market Restraints

  • High Cost Of Golf Carts
  • Declining Interest In Golf Among Millennials

Major Vendors

  • Textron
  • Yamaha Golf-Car Company
  • Club Car
  • Garia

Other Major Vendors

  • Autopower
  • Columbia
  • JH Global Services
  • Hitachi
  • Evergreen Electric
  • Maini Group
  • Marshell Green Power
  • Speedways Electric
  • Xiamen Dalle Electric Car Co. Ltd.
  • Suzhou Eagle Electric
  • Hawk Carts
  • Central Missouri Golf Carts LLC
  • KC Golf Cart Company
  • Volmac Engg. Pvt. Ltd.
  • Prevalence
  • Tianjin Zhongyi Electric Vehicle Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/4hi99d

Media Contact:

Research and Markets
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press@researchandmarkets.com   

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Cision View original content:http://www.prnewswire.com/news-releases/global-golf-cart-and-buggy-market-report-2021-2026—increasing-golf-rental-services-growing-promotional-activities-by-vendors–technological-advances-for-golf-carts-301226793.html

SOURCE Research and Markets

Fla.’s Housing Market Wraps Up 2020 with Strong Gains Despite COVID-19

ORLANDO, Fla., Feb. 11, 2021 /PRNewswire/ — Despite the ongoing COVID-19 pandemic and resulting economic challenges, Florida’s housing market wrapped up 2020 with more sales, higher median sale prices and more pending inventory compared to the year before, according to the latest housing data released by Florida Realtors®.

<a…

ORLANDO, Fla., Feb. 11, 2021 /PRNewswire/ — Despite the ongoing COVID-19 pandemic and resulting economic challenges, Florida’s housing market wrapped up 2020 with more sales, higher median sale prices and more pending inventory compared to the year before, according to the latest housing data released by Florida Realtors®.

«For much of 2020, our homes became the hub for our daily lives, with people working remotely, children taking classes online, and many restaurants and entertainment options on lockdown due to the pandemic,» said 2021 Florida Realtors President Cheryl Lambert, broker-owner with Only Way Realty Citrus in Inverness. «It’s a testament to Florida’s resilient housing market and ongoing buyer demand that home sales at the end of the year topped 2019’s totals. And with mortgage rates still historically low, buyer interest remains high into 2021 – but record low for-sale inventory levels continue to put upward pressure on prices and availability.»

4Q 2020
Statewide closed sales of existing single-family homes totaled 86,543 in the fourth quarter of 2020, up 23.6% compared to the year-ago figure, according to data from Florida Realtors research department in partnership with local Realtor boards/associations. Closed sales typically occur 30 to 90 days after sales contracts are written.

«Sales of Florida homes in the fourth quarter were very strong compared to a year ago,» said Florida Realtors Chief Economist Dr. Brad O’Connor. «Meanwhile, there’s a constrained supply of inventory (active listings), which we’ve been seeing for some time. That shortage, coupled with the very low mortgage rates that are helping to drive buyer demand, keep pushing home values upward.»

The statewide median sales price for existing single-family homes for 4Q 2020 was $306,000, up 14.6% from 4Q 2019. New pending sales for existing single-family homes for the quarter rose 22.2% compared to a year ago, while new listings were up 3.5% from 4Q 2019.

Looking at Florida’s year-to-year comparison for sales of condo-townhouses, a total of 35,865 units sold statewide in 4Q 2020, up 29.4% compared to the same period a year earlier. The statewide median price for condo-townhouse properties for the quarter was $226,000, up 15% over the previous year. New pending sales for condo-townhouses for 4Q 2020 increased 30.9% compared to a year ago, while new listings were up 5.9% from the same quarter the previous year.

Year End 2020
Statewide closed sales of existing single-family homes totaled 310,378 at the end of 2020, up 5.8% compared to the 2019 figure, according to Florida Realtors data.

Chief Economist O’Connor noted that by the end of the year, the drop-off in Florida’s housing market from February into early May – due to COVID-19 – had not only leveled out, but sales outpaced the previous year in both the single-family homes and condo-townhouse categories.

«We’ve seen a substantial increase in the dollar volume of sales in 2020, due to increasing sales, rising prices and a greater share of our sales being among the luxury tiers this year (2020) vs. 2019,» he said. «For all residential property types, we were up 20.3% to over $160 billion (total of $162.3 billion) in dollar volume in sales of existing homes in 2020. Florida totaled $124.6 billion in volume in single-family home sales in 2020, up 22.5% from 2019, while condo-townhouse sales reached $36.2 billion in volume, up 13.7% from the previous year.»

Looking to 2021, O’Connor said he expects the trends from the end of 2020 to continue.

«I think we will continue to have robust sales growth,» he said. «As we get closer to vaccination really making a dent in the threat from COVID-19, we might see more people starting to consider upgrading or changing to a different home to take advantage of interest rates while they remain in the low to mid-3% range – which is what most forecasters currently predict.»

The statewide median sales price for single-family existing homes at year’s end was $290,000, up 9.6% from the previous year. New pending sales for existing single-family homes rose 9.2% at the end of 2020 compared to the previous year, though new listings for single-family homes dropped (-2.8%) from a year ago.

Looking at Florida’s year-to-year comparison for sales of condo-townhouses, a total of 119,336 units sold statewide in 2020, up 2.5% over 2019. The statewide median price for condo-townhouse properties at the end of the year was $215,000, up 12% from year-end 2019. New pending sales for condo-townhouse units for the end of 2020 increased 6.2% compared to a year ago, while new listings for condo-townhouses rose 1.1% from year-end 2019.

At the end of 2020 and also for 4Q 2020, inventory (active listings) for single-family homes stood at a 1.8-months’ supply, while inventory for condo-townhouse properties was at a 4.2-months’ supply, according to Florida Realtors.

The interest rate for a 30-year fixed-rate mortgage averaged 3.11% for 2020, down significantly from the previous year’s average of 3.94%, according to Freddie Mac.

To see the full statewide housing activity reports, go to Florida Realtors Media Center at http://media.floridarealtors.org/ and look under Latest Releases, or download the 4Q 2020 and Year End 2020 data report PDFs under Market Data at: http://media.floridarealtors.org/market-data

Florida Realtors® serves as the voice for real estate in Florida. It provides programs, services, continuing education, research and legislative representation to about 200,000 members in 51 boards/associations. Florida Realtors® Media Center website is available at http://media.floridarealtors.org.

 

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SOURCE Florida Realtors

Welcome to EVOLVE: The Energy Innovation Conference

AUSTIN, Texas, Feb. 11, 2021 /PRNewswire/ — Enverus, the leading energy SaaS company, is inviting members of the media to EVOLVE, a virtual conference focused on the evolution of the energy industry and what to expect in 2021. During the Feb. 16-18 EVOLVE sessions, attendees will hear…

AUSTIN, Texas, Feb. 11, 2021 /PRNewswire/ — Enverus, the leading energy SaaS company, is inviting members of the media to EVOLVE, a virtual conference focused on the evolution of the energy industry and what to expect in 2021. During the Feb. 16-18 EVOLVE sessions, attendees will hear Enverus’ analysts discuss their outlook on the oil and gas industry, the energy mix and investability, and a conversation around the acceleration of critical, industry-shifting topics like ESG to prepare for the future of energy.

«The energy industry is always in a state of transition and COVID-19 has only accelerated its evolution,» said Manuj Nikhanj, president of Enverus. «Let’s put the politics and rhetoric behind us and discuss how technology and innovation are at the forefront of more environmentally responsible energy extraction. This gathering of who’s who in energy is about empowering innovation in all forms and hearing from experts who have authority on these issues and can demonstrate what our future could look like.»

Keynote speeches from world-class energy innovators, customer panels, networking opportunities, and insights from multiple Enverus’ subject matter experts will be featured, including:

  • Jessica O. Matthews, renowned innovator, will share her entrepreneurial dream — an energy-powered soccer ball — that launched into a global power and data infrastructure company. Matthews will cover the trends that she believes will drive the industry into the next decade, and how energy companies can think about the balance of sources and technology to create a winning playbook.
  • Peter Zeihan, geopolitical analyst and strategist, will explore why the world’s largest industry has a complex future tangled in everything from geopolitics to trade to where you live on the globe. It isn’t without risk, but the reward and opportunities could herald the greatest expansion in American power and security in the history of the republic.
  • Mark Mills, senior fellow at the Manhattan Institute, will examine the topic of peak demand in light of the energy implications arising from the top ten emerging disruptive technologies, from virtual reality and robotics to self-driving cars and drones. Mills will also explore the critical materials supply, recycling and waste constraints associated new energy technologies as they exist today.

The virtual environment has allowed Enverus to expand the invitation to a broader group in the energy industry, as well as media. There is no cost to register or attend this event.

REGISTER NOW

About Enverus
Enverus is the leading energy SaaS company delivering highly-technical insights and predictive/prescriptive analytics that empower customers to make decisions that increase profit. Enverus’ innovative technologies drive production and investment strategies, enable best practices for energy and commodity trading and risk management, and reduce costs through automated processes across critical business functions. Enverus is a strategic partner to more than 6,000 customers in 50 countries. Enverus is a portfolio company of Genstar Capital. Learn more at Enverus.com.

 

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SOURCE Enverus

Corporate CUSIP Request Volume Gets off to Slow Start in 2021

NEW YORK, Feb. 11, 2021 /PRNewswire/ — CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for January 2021. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets…

NEW YORK, Feb. 11, 2021 /PRNewswire/ — CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for January 2021. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly decrease in request volume for new corporate and municipal identifiers. On a year-over-year basis, total CUSIP request volume for corporate securities declined, while municipal volumes were roughly flat with 2020 levels.

CUSIP identifier requests for the broad category of U.S. and Canadian corporate equity and debt totaled 2,322 in January, down 44.4% from last month. On a year-over-year basis, corporate CUSIP requests were down 41.5%. The decrease in January volumes was driven largely by U.S. corporate equity requests, which decreased 20.9% and corporate debt identifier requests, which decreased 14.3%, versus the previous month.

Monthly municipal volume also decreased in January. The aggregate total of all municipal securities – including municipal bonds, long-term and short-term notes, and commercial paper – fell 22.4% versus December totals. On an annualized basis, municipal CUSIP identifier request volumes were up 0.6% through January. On a state-by-state basis, issuers in Texas requested 93 new municipal identifiers in January, followed by California with 71 and New York with 70.

«Overall CUSIP request volumes tend to be muted in January, but the marked declines we’re seeing in domestic corporate debt and equity identifier request volume is significant beyond the seasonal trend,» said Gerard Faulkner, Director of Operations for CGS. «With so much uncertainty persisting in the broad economy, it appears that corporate issuers are approaching 2021 with caution.»

Requests for international equity and debt CUSIPs were mixed in January. International equity CUSIP requests were down 3.7% versus December. International debt CUSIPs increased by 12.8% on a monthly basis. Syndicated loan requests were down 31.1% on a monthly basis and 8.1% year over year.

To view the full CUSIP Issuance Trends report for January, click here.

Following is a breakdown of new CUSIP Identifier requests by asset class year-to-date through January 2021:

 

Asset Class

 

2021 YTD

2020 YTD

YOY Change

 

International Equity

 

260

69

276.8%

 

Long-Term Municipal
Notes

 

26

11

136.4%

 

Canada Corporate
Debt & Equity

 

436

254

71.7%

 

U.S. Corporate
Equity

 

 

952

 

738

 

29.0%


Private Placement
Securities

 

256

219

16.9%


Municipal
Bonds

 

791

765

3.4%

 

International Debt

 

 

308

 

309

 

-0.3%

 

Syndicated Loans

 

 

193

 

210

 

-8.1%

 

Short-Term Municipal
Notes

 

56

83

-32.5%

 

U.S. Corporate Debt

 

641

1124

-43.0%


CDs > 1-year Maturity

 

150

382

-60.7%


CDs < 1-year Maturity

 

51

462

-89.0%

About CUSIP Global Services
The financial services industry relies on CGS’ unrivaled experience in uniquely identifying instruments and entities to support efficient global capital markets. Its extensive focus on standardization over the past 50 years has helped CGS earn its reputation as a trusted originator of quality identifiers and descriptive data, ensuring that essential front- and back-office functions run smoothly. Relied upon worldwide as the industry standard provider of reliable, timely reference data, CGS is also a founding member and co-operates the Association of National Numbering Agencies (ANNA) Service Bureau, a global security and entity identifier database for over 34 million public and privately traded instruments, contributed by 91 national numbering agencies and 25 partner agencies representing 120 different countries. CGS is managed on behalf of the American Bankers Association (ABA) by S&P Global Market Intelligence, with a Board of Trustees that represents the voices of leading financial institutions. For more information, visit www.cusip.com.

About The American Bankers Association
The American Bankers Association represents banks of all sizes and charters and is the voice for the nation’s $13 trillion banking industry and its 2 million employees.  Learn more at www.aba.com.

For More Information:

Farhan Husain
farhan.husain@spglobal.com   
212-438-3271

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SOURCE CUSIP Global Services

HRH Crown Prince launches stunning nature inspired designs for gateway island

The visionary ‘Coral Bloom’ plan will protect and enhance Shurayrah Island’s pristine natural state 

RIYADH, Saudi Arabia, Feb. 11, 2021 /PRNewswire/ — His Royal Highness Prince Mohammed bin Salman, Crown Prince, Chairman of The Red Sea Development Company (TRSDC), has launched the Coral Bloom concept, which was created by architectural firm Foster + Partners, and…

The visionary ‘Coral Bloom’ plan will protect and enhance Shurayrah Island’s pristine natural state 

RIYADH, Saudi Arabia, Feb. 11, 2021 /PRNewswire/ — His Royal Highness Prince Mohammed bin Salman, Crown Prince, Chairman of The Red Sea Development Company (TRSDC), has launched the Coral Bloom concept, which was created by architectural firm Foster + Partners, and designed to blend in with the island’s pristine natural environment.

TRSDC, the developer behind the world’s most ambitious regenerative tourism project, has since shared the striking vision for its main hub island at the destination, Shurayrah.

«We expect guests to be awed by what they see when they first arrive at The Red Sea Project, enjoying a truly immersive barefoot luxury experience. The Coral Bloom designs, taking inspiration from the incredible flora and fauna found uniquely in Saudi Arabia, promise to make that vision a reality,» said John Pagano, CEO of TRSDC.

«Shurayrah Island is the gateway to The Red Sea Project so it’s important that it sets the standard in groundbreaking architecture and sustainable design, not just for our destination, but globally too. This is achieved by going beyond simply protecting the environment, to applying a regenerative approach,» he added.

Protect and enhance

Biodiversity considerations take center stage, with the plan designed to avoid disruption of the island’s mangroves and other habitats, providing natural defenses from erosion, while new habitats are created through landscaping to enhance the island’s natural state.

The proposal also outlines designs for the island’s 11 hotels, adapted to suit traveler expectations post-Covid-19 including more space, and immersed into the landscape to effectively form part of the sweeping dunes, allowing the island’s natural beauty to reign supreme.

The design sees new beaches created on the dolphin-shaped island along with a new lagoon. These enhancements will contribute to raising the level of the land, providing a defensive layer from the global threat of rising sea levels. Importantly, the changes aim to preserve or enhance what already exists on the island, without damaging any habitats or natural shores.

Immersive hotel design

There will be 11 hotels on Shurayrah, which will be operated by some of the most distinguished hotel brands in the world. The island’s natural landscape will be used to dramatic effect with all hotels and villas nestled within the landscape. The absence of high-rise buildings will ensure the spectacular vistas remain uninhibited, while creating a sense of mystery for guests as the island slowly reveals itself.

The hotel designs have also been responsive to the changing world and traveler demands over the last 12 months. There will be no internal corridors for example, in response to a growing demand for space and seclusion following the coronavirus pandemic. The resorts themselves will be created using lightweight materials with a low thermal mass and manufactured offsite, meaning more energy efficient construction and less impact on the environment.

Gerard Evenden, Head of Studio at Foster + Partners, said: «Our vision for Shurayrah is inspired by the island’s natural state, with the hotels designed to give the impression that they have washed up on the beaches and nestled among the dunes almost like driftwood. The materials we use and the low impact they have ensures that the pristine environment is protected, while the additions we make to the island serve to enhance what is already there – hence the name, Coral Bloom.»

Regenerative tourism

The Red Sea Development Company is committed to delivering a 30 percent net conservation benefit by 2040. It is creating the world’s largest district cooling plant powered by renewable energy 24 hours a day to facilitate efficient centralized cooling across the destination. The entire destination will be powered by renewables, underpinned by the largest battery storage system in the world.

In line with this commitment, the destination’s master plan is informed by an extensive marine spatial planning exercise and leaves 75 percent of the project’s islands untouched. Shurayrah is one of only 22 islands selected for development.

The Red Sea Project has already passed significant milestones and work is on track to welcome the first guests by the end of 2022, when the international airport and the first four hotels will open. The remaining 12 hotels planned in phase one will open in 2023.

Upon completion in 2030, The Red Sea Project will comprise 50 resorts, offering up to 8,000 hotel rooms and around 1,300 residential properties across 22 islands and six inland sites. The destination will also include luxury marinas, golf courses, entertainment and leisure facilities.

Notes to editors:

The Red Sea Development Company (TRSDC – www.theredsea.sa) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia and the chairman is His Royal Highness Prince Mohammed bin Salman, Crown Prince. TRSDC was established to drive the development of The Red Sea Project, a luxury, regenerative tourism destination that will set new standards in sustainable development and position Saudi Arabia on the global tourism map.

The project is being developed over 28,000 km2 of pristine lands and waters along Saudi Arabia’s west coast and includes a vast archipelago of more than 90 pristine islands. The destination also features mountain canyons, dormant volcanoes, and ancient cultural and heritage sites. The destination will include hotels, residential properties, leisure, commercial and entertainment amenities, as well as supporting infrastructure that utilizes renewable energy and emphasizes water conservation and re-use.

2021 Rebates and Homeowner Credits can Cut 26% from Solar Installation Cost– Modernize.com

FOSTER CITY, Calif., Feb. 11, 2021 /PRNewswire/ — Modernize.com, a leader in the home improvement and home services industry, summarizes the incentives, rebates, and financial benefits associated with installing solar panels on residential homes in 2021.

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FOSTER CITY, Calif., Feb. 11, 2021 /PRNewswire/ — Modernize.com, a leader in the home improvement and home services industry, summarizes the incentives, rebates, and financial benefits associated with installing solar panels on residential homes in 2021.

The complete homeowner resource is available: Solar incentives: Why 2021 is the best year for government rebates, credits, and exemptions.

A couple of this year’s advantages include:

  • 26% solar installation cost credit for systems placed in service after Dec. 31, 2019 and before Jan. 1, 2023
  • 22% installation credit for solar systems placed in service after Dec. 31, 2022 and before Jan. 1, 2024
  • State-specific rebates, property tax exclusions and other benefits

The Database of State Incentives for Renewables & Efficiency (DSIRE), lists 28 federal money-saving programs for solar projects.

«Consumers may seek to take advantage of solar installation tax incentives as they prepare their 2020 tax returns,» advises Gregg Hicks, vice president of Modernize.com. «For those installing solar panels in 2021, expected rebates should be factored in when considering solar installation costs in order to determine the true cost.»

Modernize highlights state-specific solar and renewable energy financial incentives to make consumers aware of programs that may be available to them. Examples include:

  • Arizona. Homeowners can get a 25% tax credit, up to $1,000 for installing solar panels
  • California. Solar energy system property tax exclusion freezes property taxes until the end of 2024

Hicks is available to answer questions about federal and state solar incentives and can offer advice on finding a knowledgeable contractor for solar installation projects.

About Modernize.com
For more than 15 years, Modernize has been a leader in the home improvement and services industry, connecting homeowners with contractors and other home services professionals. Modernize operates in more than 15 high-value, high-consideration home segments, including new and replacement windows, solar installation, roofing, heating and air conditioning, siding, bathrooms and kitchens, new and replacement gutters, home security, and others. The business brings a network of more than 1,000 contractors and professionals across all segments, offering broad geographical coverage and choice for homeowners.

Modernize is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. Modernize is a member of QuinStreet’s expert research and publishing division.

Media Contact:
Jacqueline Leppla
Senior Director of Public Relations
QuinStreet, Inc.
Direct +1 775 321 3608
Email jleppla@quinstreet.com
LinkedIn

Twitter: https://twitter.com/Modernize
Facebook: https://www.facebook.com/modernizehome

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SOURCE Modernize.com