Medical Waste Management Inherits a Multi-billion Dollar Opportunity from the Ongoing Pandemic

Asia-Pacific presents immense growth opportunities for medical waste management market participants as regulations mature and are thoroughly enforced, says Frost & Sullivan

SANTA CLARA, Calif., Jan. 7, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis, Growth Opportunities in the Medical Waste Management Market in North America, Europe, and <span…

Asia-Pacific presents immense growth opportunities for medical waste management market participants as regulations mature and are thoroughly enforced, says Frost & Sullivan

SANTA CLARA, Calif., Jan. 7, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis, Growth Opportunities in the Medical Waste Management Market in North America, Europe, and Asia-Pacific, Forecast to 2024, finds that the increase in hospital visits due to COVID-19, aging population, and medical visits are key factors driving the medical waste management market in North America, Europe, and Asia-Pacific (APAC). In these regions, this expanding market is estimated to garner revenue of $5.24 billion by 2024 from $4.02 billion in 2019 at a compound annual growth rate (CAGR) of 5.4%. However, with the fallout of the COVID-19 pandemic, the market experienced a slight reduction in 2020 growth but is anticipated to rebound from 2021 onward.

For further information on this analysis, please visit:  http://frost.ly/53h

«Sustainability and circular economy demand innovative and efficient solutions in the medical waste management sector,» said Seth Cutler, Energy & Environment Research Analyst at Frost & Sullivan. «Further, conventional processes that result in landfilling and incineration emissions are increasingly subject to scrutiny. Industry participants should make inroads to be sustainable partners to medical facilities and hospitals worldwide.»

Cutler added: «Incineration will continue to be a dominant global waste management technology in the coming years, but alternative options that are cleaner and greener will continue to eat into the market share of incineration services. Going forward, autoclave—which uses steam to disinfect medical wastage and is a dominant treatment method in North America—is expected to grow. As customers in other regions focus their attention away from emissions-generating incineration, autoclave represents a tried and trusted technology/process that avoids burning.»

In Europe, incineration remains the largest medical waste treatment method by volume. However, other treatment processes, such as microwave technology, are growing in the region. APAC is witnessing strong market growth as developing economies implement and enforce more stringent waste management regulations, which will encourage proper treatment and disposal of medical waste in the region over time.

Delivering additional services, often in the form of audits or consulting, will drive new growth opportunities in the medical waste management space, presenting lucrative prospects for market participants, including:

  • Vision transformation: Market participants should enhance their value proposition and portfolio through products and services that contribute to a more sustainable and environmentally friendly future.
  • Disruptive applications: Market participants should evaluate their value propositions to determine which disruptive technologies and applications best align with near- and medium-term growth prospects.
  • Customer research: Vendors should develop thorough profile studies to understand customer demographics and illustrate their varying needs and dynamics.
  • Business models and value-added services: Investigate ways vendors can reduce customer complexity and burdens by offering services that simplify customer operations and lower risks.

Growth Opportunities in the Medical Waste Management Market in North America, Europe, and Asia-Pacific, Forecast to 2024 is the latest addition to Frost & Sullivan’s Energy & Environment research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Growth Opportunities in the Medical Waste Management Market in North America, Europe, and Asia-Pacific, Forecast to 2024

K4F2

Press Contact: 

Jaylon Brinkley
Frost & Sullivan     
+1 (210) 247 2481
jaylon.brinkley@frost.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/medical-waste-management-inherits-a-multi-billion-dollar-opportunity-from-the-ongoing-pandemic-301202607.html

SOURCE Frost & Sullivan

Global Automotive Seat Belt Pretensioner Market Outlook, 2019-2020 & 2027: Rise in the Number of Accidents and Government Initiatives Propelling the Growth of the Market

DUBLIN, Jan. 7, 2021 /PRNewswire/ — The «Automotive Seat Belt Pretensioner -…

DUBLIN, Jan. 7, 2021 /PRNewswire/ — The «Automotive Seat Belt Pretensioner – Global Market Outlook (2019-2027)» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

Global Automotive Seat Belt Pretensioner market accounted for $3.07 billion in 2019 and is expected to reach $6.17 billion by 2027 growing at a CAGR of 9.1% during the forecast period.

Growing sales of luxury vehicles and rising safety concerns as a result of the rise in the number of accidents and government initiatives are some of the factors propelling the growth of the market. However, high cost and low disposable incomes in underdeveloped economies are hampering the growth of the market.

A seat belt pretensioner is a part of the seat belt system in the vehicle that locks the seatbelt in place in the event of a crash. This is an addition to the basic seatbelt of a vehicle that has been proven to decrease the number of injuries and deaths from crashes.

Based on the technology, the retractors segment is anticipated to hold considerable market share during the forecast period as the majority of constructors choose installing the pretensioner along with the retractor because a combination of the retractor and pretensioner holds a higher retraction force to grip the occupant firmly on the seat.

By geography, Asia Pacific is expected to grow at a significant market share during the forecast period owing to rapidly growing automotive manufacturing in China and India, increasing investment by various market players and government initiatives in India and China.

What the Report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Automotive Seat Belt Pretensioner Market, By Design
5.1 Introduction
5.2 Four-point & Above
5.3 Three-point
5.4 Two-point

6 Global Automotive Seat Belt Pretensioner Market, By Product Type
6.1 Introduction
6.2 Pre-roll
6.3 Pre-tightening

7 Global Automotive Seat Belt Pretensioner Market, By Vehicle Type
7.1 Introduction
7.2 Commercial Vehicles
7.2.1 Heavy Commercial Vehicles (HCVs)
7.2.2 Light Commercial Vehicles (LCVs)
7.3 Passenger Vehicles
7.3.1 Utility Vehicles
7.3.2 Sedans
7.3.3 Hatchbacks

8 Global Automotive Seat Belt Pretensioner Market, By Technology
8.1 Introduction
8.2 Anchors
8.3 Retractors
8.4 Buckles

9 Global Automotive Seat Belt Pretensioner Market, By Seat
9.1 Introduction
9.2 Front
9.3 Rear

10 Global Automotive Seat Belt Pretensioner Market, By End User
10.1 Introduction
10.2 Aftermarket
10.3 Original Equipment Manufacturer (OEM)

11 Global Automotive Seat Belt Pretensioner Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa

12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 Company Profiling
13.1 APV Safety Products
13.2 Autoliv Inc.
13.3 Continental AG
13.4 Belt-tech
13.5 BERGER GROUP
13.6 DENSO Corporation
13.7 Far Europe Inc.
13.8 Goradia Industries
13.9 GWR Co.
13.10 Joyson Safety Systems
13.11 Robert Bosch GmBH
13.12 Seatbelt Solutions LLC
13.13 TOKAIRIKA, CO, LTD
13.14 ZF Friedrichshafen AG
13.15 Hyundai Motor Company
13.16 Special Devices Inc.
13.17 Iron Force Industrial Co. Ltd
13.18 Delphi Technologies

For more information about this report visit https://www.researchandmarkets.com/r/jc1u5t

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/global-automotive-seat-belt-pretensioner-market-outlook-2019-2020–2027-rise-in-the-number-of-accidents-and-government-initiatives-propelling-the-growth-of-the-market-301202685.html

SOURCE Research and Markets

NODAR Launches Hammerhead 3D Vision Platform for Mainstream Autonomy

CAMBRIDGE, Mass., Jan. 7, 2021 /PRNewswire/ — NODAR, Inc. today released the first demonstration of its Hammerhead™ 3D vision platform, taking an important step towards truly safe, mainstream autonomous driving. NODAR Hammerhead™ produces high-density 3D point-clouds at ranges up to 1,000m with astonishing accuracy, eclipsing mono-camera and LiDAR performance and paving the way to L3 and higher autonomy. This unprecedented achievement includes small object detection…

CAMBRIDGE, Mass., Jan. 7, 2021 /PRNewswire/ — NODAR, Inc. today released the first demonstration of its Hammerhead™ 3D vision platform, taking an important step towards truly safe, mainstream autonomous driving. NODAR Hammerhead™ produces high-density 3D point-clouds at ranges up to 1,000m with astonishing accuracy, eclipsing mono-camera and LiDAR performance and paving the way to L3 and higher autonomy. This unprecedented achievement includes small object detection at previously impossible ranges. In the demonstration released today, Hammerhead™ is used to detect and accurately measure the distance to a 10cm brick at a distance of 150m (video demo available at http://www.nodarsensor.com).

Reaching this milestone is groundbreaking in two key ways: 1) detecting unknown objects at 150m provides ample time to safely avoid collisions at highway speeds (4.5 seconds at 120kph/74mph) & 2) competitive solutions based on a single camera utilizing AI and inferencing may be able to detect known large objects at this range, however, many lethal obstructions will be unknown to these systems or too small, and will fail detection. NODAR’s technology measures the physical environment in real-time, providing distance data for every pixel in view, regardless of whether an object is known or unknown.

Beyond small object detection, NODAR Hammerhead™ delivers a new level of safety where existing solutions fall flat. Mono-camera solutions relying on deep learning to estimate depth are inherently limited by finite training sets, compute requirements, and known object ambiguity (adult vs. child can introduce range error of 50%), exposing life-threatening uncertainty. Numerous fatal and highly publicized accidents in recent years serve to emphasize the shortcomings of existing systems. LiDARs rely on scanning beams and can easily miss small objects. The LiDAR scanning process takes precious time, whereas a camera-based system offers >20X the area coverage rate with the reliability, robustness, and low price of high volume solid-state cameras. Last, NODAR produces frame-by-frame disparity maps every 33 milliseconds while single-camera systems and LiDAR must aggregate and analyze data before producing results, causing significantly slower performance.

The significant advances in performance, accuracy, and reliability that NODAR brings will yield better performance around critical edge cases, higher levels of safety and an increase in lives saved, at lower cost than current approaches.

Bio-inspired by the hammerhead shark, which has the best depth perception in the animal kingdom due to the wide separation between its eyes, NODAR Hammerhead™ uses data from multiple cameras to calculate real physical measurements of distance to targets. The unique advantage of NODAR’s system is the ability to mount the cameras independently in long-baseline configurations, such as in the sideview mirrors, headlamps, or on the roof. With highly accurate long-range 3D sensing and no reliance upon inferred measurements, Hammerhead™ accurately captures instances of banked roads, disabled vehicles, and road debris – edge cases that other vision systems will miss.

Leaf Jiang, NODAR founder and CEO, speaks to the significance of today’s demonstration: «The automotive world knows that current ADAS systems must advance to ensure human safety. Today, we’ve taken a fundamental step towards demonstrating that higher levels of automated driving are achievable with existing sensor technology in the immediate term. At NODAR we believe autonomy should never compromise safety, and that a camera-based solution is the only way to deliver on the performance, safety, and pricing requirements of the mainstream automotive market.»

NODAR software algorithms run efficiently on OEM computing resources, processing image data from OEM-specified cameras. NODAR is currently engaged in POCs with several automotive OEMs and Tier 1s and is actively seeking partners. For more information, please email contact@nodarsensor.com.

About NODAR, Inc.

Based in Cambridge, MA, NODAR is a venture-backed company developing camera-based high-performance 3D vision technology for use in mass-market automotive ADAS and autonomous vehicle applications. For more information, please visit http://www.nodarsensor.com.

 

Cision View original content:http://www.prnewswire.com/news-releases/nodar-launches-hammerhead-3d-vision-platform-for-mainstream-autonomy-301201983.html

SOURCE NODAR, Inc.

Tapinator Provides Update on Video Poker Classic, the #1 Video Poker Game on Mobile

NEW YORK, Jan. 7, 2021 /PRNewswire/ — Tapinator, Inc. (OTC: TAPM) («Tapinator,» the «Company,» «we,» «our» or «us»), a developer and publisher of category leading games for mobile platforms, is today providing an update on Video Poker Classic VPC«), the top grossing video poker game on mobile. More specifically, we would like to summarize the latest monetization and engagement metrics that VPC has achieved.

<div…

NEW YORK, Jan. 7, 2021 /PRNewswire/ — Tapinator, Inc. (OTC: TAPM) («Tapinator,» the «Company,» «we,» «our» or «us»), a developer and publisher of category leading games for mobile platforms, is today providing an update on Video Poker Classic VPC«), the top grossing video poker game on mobile. More specifically, we would like to summarize the latest monetization and engagement metrics that VPC has achieved.

Monetization:

-Throughout 2020, VPC consistently reached the following ranks for top grossing video poker games in the United States according to information extracted from AppAnnie:

#1 on iPhone

#1 on iPad

#1 on Google Play

-More broadly, in December 2020, VPC reached the following ranks for top grossing across all casino games in the United States according to AppAnnie:

#64 on iPhone

#61 on iPad

#92 on Google Play

Engagement:

-Over 10 million poker hands played per day.

-Over 27 minutes of average daily engagement per Daily Active User.

-Nearly 400 hands played daily per Daily Active User.

These metrics have been achieved thanks to an aggressive product roadmap that we successfully executed upon in 2020. New features and improvements that were made to VPC include:

-Store redesign, including improvements to IAP design.

-Daily Goals and corresponding rewards.

-Stamp Card system for incentivizing multiple purchases.

-Rewarded video segmentation.

-Weekly events in the form of two Tournaments every week.

-Player profiles highlighting user achievements.

-Continuing to expand LiveOps including adding events for the game’s Progressive Mega Jackpot.

«We are very proud of what we have achieved with Video Poker Classic. By focusing on LiveOps and adding a host of features that players love, VPC has become the top grossing and most reviewed video poker game on mobile. In fact, the title now has over 66,000 player reviews with an average score of 4.7 out of 5.0. Our product roadmap for 2020 was an aggressive one and our team successfully executed the strategy. We look forward to an equally exciting 2021 with a number of significant improvements, including additional social features, planned for VPC. Looking beyond VPC, we are also excited about several new planned game initiatives including our upcoming new idle resource management game, now scheduled for global launch in Q2 of this year,» stated Ilya Nikolayev, Tapinator’s CEO.

Video Poker Classic can be downloaded by using the links below:

iOS:                           https://buff.ly/3j19GYj 
Google Play:             https://buff.ly/305fOYl
Amazon:                   https://buff.ly/305hpNG 

About Tapinator

Tapinator Inc. (OTC: TAPM) develops and publishes category leading apps for mobile platforms, with a focus on social casino games. Tapinator’s library includes more than 300 titles that, collectively, have achieved over 500 million mobile downloads, including notable properties such as Video Poker Classic and Solitaire Derby. Tapinator generates revenues through the sale of branded advertising and via consumer transactions, including in-app purchases and subscriptions. Founded in 2013, Tapinator is headquartered in New York, with product development and marketing teams located in North America, Europe and Asia. Consumers can find high-quality mobile entertainment wherever they see the ‘T’ character logo, or at http://tapinator.com.

Forward Looking Statements

To the extent that statements contained in this press release are not descriptions of historical facts regarding Tapinator, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as «believe,» «goal,» «plan,» «feel,» «may,» «will,» «expect,» «anticipate,» «estimate,» «intend,» «target,» and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. These forward-looking statements include, among other things, our plan to launch a number of significant improvements, including additional social features, to VPC later this year and our plan to launch several new game initiatives, including a new idle resource management game in Q2 of this year. Forward-looking statements are subject to risks and uncertainties that could cause our future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Except as required by law, Tapinator undertakes no obligation to update or revise any forward-looking statements. The quoting and trading of the Company’s common stock on the OTC Marketplace is often thin and characterized by wide fluctuations in trading prices, due to many factors that may have little to do with the Company’s operations or business prospects. As a result, there may be volatility in the market price of the shares of the Company’s common stock for reasons unrelated to operating performance. Moreover, the OTC Marketplace is not a stock exchange, and trading of securities on it is often more sporadic than trading of securities listed on a national securities exchange. Accordingly, stockholders may have difficulty reselling any of their shares. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of the Company, please see the Company’s Supplemental Information Report filed with the OTC Markets as provided here: https://backend.otcmarkets.com/otcapi/company/financial-report/241817/content.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/tapinator-provides-update-on-video-poker-classic-the-1-video-poker-game-on-mobile-301202444.html

SOURCE Tapinator, Inc.

Alaska Airlines adds two new routes from Southern California

SEATTLE, Jan. 7, 2021 /PRNewswire/ — Alaska Airlines announced today two new routes from its key hubs in Southern California that will begin flying this spring. The airline will launch daily, nonstop service between Los Angeles (LAX) and Austin on March 18, with an increase to three daily departures on May 20. Daily, nonstop service between…

SEATTLE, Jan. 7, 2021 /PRNewswire/ — Alaska Airlines announced today two new routes from its key hubs in Southern California that will begin flying this spring. The airline will launch daily, nonstop service between Los Angeles (LAX) and Austin on March 18, with an increase to three daily departures on May 20. Daily, nonstop service between San Diego and New York JFK starts on April 4.

«Southern California is an integral part of Alaska’s network and continues to offer valuable opportunities for selective expansion,» said Brett Catlin, Alaska Airlines vice president of network and alliances. «These two new routes enhance our guest proposition in Southern California while providing valuable connectivity to our global partners as we join oneworld on March 31

New Routes

Start Date

City Pair

Frequency

Aircraft

  March 18, 2021

Los Angeles – Austin

Daily

E175

May 20, 2021

Los Angeles – Austin

3x Daily

E175

April 4, 2021

San Diego – New York JFK  

Daily

737

In 2020, Alaska added 12 new routes from LAX. With the new flight to Austin, the airline will fly to more than 40 nonstop destinations from LAX this spring. Alaska already has nonstop flights to the Texas capital city from five other West Coast cities: Seattle; Portland, Oregon; San Francisco; San Jose, California; and San Diego.

The new nonstop service between San Diego and New York JFK is part of Alaska’s growth to the Northeast from its West Coast hubs. This spring, the airline will also have nonstop service between San Diego and both Newark and Boston.

Alaska has implemented more than 100 measures to enhance the safety of its employees and guests, part of the airline’s Next-Level Care, with enhanced cleanings, mandatory masks for everyone, touch-free technology, and sophisticated air filtration systems. Onboard HEPA filters remove 99.9% of particulate contaminants and viruses from the air, which means there’s a full exchange of air every two to three minutes. 

Tickets for all flights are now available for purchase at alaskaair.com.

About Alaska Airlines
Alaska Airlines and its regional partners serve more than 115 destinations across the United States and North America. The airline provides essential air service for our guests along with moving crucial cargo shipments, while emphasizing Next-Level Care. Alaska is known for low fares, award-winning customer service and sustainability efforts. Guests can earn and redeem miles on flights to more than 800 destinations worldwide with Alaska and its Global Partners. On March 31, 2021, Alaska will officially become a member of the oneworld global alliance. Learn more about Alaska at newsroom.alaskaair.com and blog.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/alaska-airlines-adds-two-new-routes-from-southern-california-301202602.html

SOURCE Alaska Airlines

Canadian Solar Subsidiary Recurrent Energy Completes Sale of 144 MWac Pflugerville Solar Project in Travis County, Texas to Duke Energy Renewables

CHARLOTTE, N.C. and GUELPH, ON, Jan. 7, 2021 /PRNewswire/ — Canadian Solar Inc. («Canadian Solar») (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the 144 MWac Pflugerville Solar project to Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK). The project is under construction in <span…

CHARLOTTE, N.C. and GUELPH, ON, Jan. 7, 2021 /PRNewswire/ — Canadian Solar Inc. («Canadian Solar») (NASDAQ: CSIQ) today announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the 144 MWac Pflugerville Solar project to Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK). The project is under construction in Travis County, Texas and is expected to achieve commercial operation in mid-2021. The energy generated from the Pflugerville Solar project will be sold to Austin Energy under a 15-year power purchase agreement (PPA).

This is the fifth utility-scale project that Duke Energy Renewables has acquired from Recurrent Energy, including the Rambler Solar project in Texas, which reached commercial operation in 2020.

«This sale to Duke Energy Renewables is another milestone that demonstrates Recurrent Energy’s leadership position in the United States, where we currently have more than 5,700 MWac of solar projects under construction and in development,» said Shawn Qu, Chairman and CEO of Canadian Solar. «The execution and sales process for this project was disrupted due to the COVID pandemic. However, we were nimble and quickly secured the financing to start construction and close the sale on time. To complete this transaction in 2020 is quite an achievement and I thank our teams and partners for their dedication and hard work.»

Dr. Qu added, «We have a long-standing relationship with Duke Energy Renewables and are pleased that they have become the new owners of Pflugerville Solar, as it is a landmark project that will power local homes in the Austin area, supporting the clean energy transition as the Lone Star State continues to diversify its energy mix.»

«We’re excited to add this terrific project to our growing Texas solar portfolio to meet the increasing demand for power in the state and support our longstanding relationship with Austin Energy,» said Chris Fallon, president of Duke Energy Renewables. «In addition to providing Austin Energy’s customers with low-cost clean energy, this project will also bring significant economic benefits to the state.»

Austin Energy, the City of Austin’s electric utility, serves more than 500,000 customer accounts and more than one million residents in Greater Austin. This PPA supports Austin Energy’s renewable energy goals, which commit the utility to achieve at least 55 percent renewable energy by 2025, and 65 percent renewable energy by the end of 2027. The project also supports Duke Energy’s goals of doubling its renewable energy resources by the end of 2025.

«We currently meet 63 percent of our customers’ energy needs with carbon-free resources,» said Austin Energy General Manager Jackie Sargent. «Adding the Pflugerville Solar project to our portfolio will bring us closer to meeting our affordability and climate protection goals adopted by the Austin City Council and championed by our customers.»

The 144 MWac Pflugerville Solar Project, will generate enough energy to power approximately 27,000 homes. The power plant will utilize approximately 489,600 pieces of Canadian Solar’s high efficiency bifacial BiKu modules across 932 acres in Travis County, Texas. The engineering and construction for the project is being performed by Signal Energy. To support the construction of the project, in August, Recurrent Energy closed debt and tax equity financing totaling over $234 million. The tax equity financing was provided by U.S. Bank and the debt financing was provided by a bank club led by CIT Bank, which included Norddeutsche Landesbank («Nord/LB»), Rabobank, and Zions Bank. Duke Energy Renewables will provide the long-term operations and maintenance services to the project.

The project is expected to employ 350 workers at peak construction, with at least 50% of those construction jobs expected to be filled by local skilled tradesmen from the Travis County area. Along with indirect economic benefits that accompany solar project development, such as increased local spending in the service and construction industries, Pflugerville Solar will also have a positive economic impact on the local community by providing significant tax revenues for Travis County and the Elgin Independent School District.

As one of the nation’s top renewable energy providers, Duke Energy plans to double its enterprise-wide renewable portfolio from 8 GW to 16 GW by the end of 2025.

About Canadian Solar Inc.  

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

About Recurrent Energy  

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

About Duke Energy Renewables

Duke Energy Renewables, a nonregulated unit of Duke Energy, operates wind and solar generation facilities across the U.S., with a total electric capacity of 3,000 megawatts. Duke Energy is one of the
nation’s top renewable energy providers – on track to own or purchase 8,000 megawatts of wind, solar and biomass energy by 2020. The power is sold to electric utilities, electric cooperatives, municipalities, and commercial and industrial customers. The unit also operates energy storage and microgrid projects. Visit Duke Energy Renewables for more information.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, in addition to Duke Energy Renewables’ capacity.

Duke Energy was named to Fortune’s 2019 «World’s Most Admired Companies» list, and Forbes’ 2019 «America’s Best Employers» list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.    

About Austin Energy 

Customer Driven. Community Focused. 

Austin Energy, the City of Austin’s electric utility, lights a brighter future for more than 500,000 customer accounts and more than one million residents in Greater Austin. The utility’s commitment to providing value powers the community and the innovation and culture that has made Austin a destination city. Austin Energy has powered the community for 125 years, delivering safe, affordable, reliable energy and excellent customer service. The publicly owned utility will continue to shine a light into the future. For more information about Austin Energy, visit austinenergy.com. 

Safe Harbor/Forward-Looking Statements  

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

Cision View original content:http://www.prnewswire.com/news-releases/canadian-solar-subsidiary-recurrent-energy-completes-sale-of-144-mwac-pflugerville-solar-project-in-travis-county-texas-to-duke-energy-renewables-301202758.html

SOURCE Canadian Solar Inc.

The $120 Trillion Investment Trend Transforming Wall Street

LONDON, Jan. 7, 2021 /PRNewswire/ — Investing will never be the same again.  The $120 trillion sustainability trend has left no sector untouched, and it is fueling one of the biggest transfers in capital the world has ever seen.  Mentioned in today’s commentary includes:  Enphase Energy, Inc. (NASDAQ: ENPH), NextEra Energy, Inc. (NYSE: NEE), TOTAL SE (NYSE: TOT), NVIDIA Corporation (NASDAQ: NVDA), Apple Inc. (NASDAQ:…

LONDON, Jan. 7, 2021 /PRNewswire/ — Investing will never be the same again.  The $120 trillion sustainability trend has left no sector untouched, and it is fueling one of the biggest transfers in capital the world has ever seen.  Mentioned in today’s commentary includes:  Enphase Energy, Inc. (NASDAQ: ENPH), NextEra Energy, Inc. (NYSE: NEE), TOTAL SE (NYSE: TOT), NVIDIA Corporation (NASDAQ: NVDA), Apple Inc. (NASDAQ: AAPL).

Blackrock, the world’s largest asset manager with $7 trillion under management, has already said that its clients are looking to double their ESG investment in the next 5 years. And that is only the beginning.

Within a year, 77% of institutional investors have said they will stop investing in companies that aren’t considered sustainable. Climate change is being listed as the single biggest concern for money managers around the globe. And sustainable assets already account for $17.1 trillion of the global market. But the real size of this opportunity is much, much bigger. 

Investors and banks with more than $120 trillion in assets have agreed to start incorporating ESG elements into their investing strategies. And the impact of these developments can already be seen in the stock market.

With up to $120 trillion in assets looking for a new home, it is no surprise that sustainable stocks like Tesla, Facedrive (FD, FDVRF), and Enphase Energy (ENPH) all soared in 2020.

Enphase took advantage of the solar boom as the oil industry took a major hit and multiple governments moved to reduce emissions. Tesla saw its stock explode as the electric vehicle movements captured the imagination of a new generation.

Facedrive, perhaps the most exciting of all, found itself at the crossroads of multiple different ESG trends just as the biggest investors in the world searched desperately for a sustainable investment. This Canadian disruptor with a $1.5 billion market cap entered one of the most exciting upcoming sectors of 2020 with its acquisition of Washington, DC-based Steer–a high-end EV subscription service that plans to transform the way we think about car ownership altogether. When it comes to finding a diversified and sustainable stock in 2021, this ‘people and planet first’ company is drawing a lot of attention.

What Do Institutional Investors Want?

When it comes to big wins for big money in this new segment, investors invariably turn to tech stocks that can have a large scale impact on the environment, sustainability and governance. 

PwC highlighted that «public awareness of ESG-related risks has catapulted climate change and sustainability to the top of the global agenda» and now COVID has brought «the real-life impacts of overlooking ESG factors into the spotlight». So in 2021, we can expect this new COVID-driven outlook to only pick up momentum.

The CEO of Blackrock famously stated that he believes that «we are on the edge of a fundamental reshaping of finance». And with that in mind, companies like Facedrive that look to challenge and replace companies that have failed to react to this transformation could be the big winners.

A good example of this is Uber and Lyft, the two transportation giants that entirely reinvented the taxi industry. Both those companies ignored the growing sustainability trend as their businesses exploded, they created more pollution than they displaced, and in terms of governance, they spent most of their time butting heads with local authorities and their own drivers. 

And this is just one example of how Facedrive saw an opportunity to use this $120 trillion transformation to create the ride-hailing service of the future. It became the first company to offer riders a choice of EVs and hybrids, it offset the carbon footprint of its riders, and it aimed to work with local government and riders to ensure communities weren’t destroyed. But that was only the beginning: 

Facedrive’s most exciting move in the transportation space came with its recent acquisition of Steer. Backed by a subsidy of energy giant Exelon (EXC), Steer is planning the biggest disruption in the private automobile industry for decades. Steer offers a seamless, hassle-free technology that gives subscribers access to their own virtual garage of low-emissions vehicles and EVs. 

Even more impressively from an investment point of view, for Facedrive (FD, FDVRF), the deal includes a $2-million strategic investment by Exelon’s wholly-owned subsidiary, Exelorate Enterprises, LLC.  It’s no surprise then that Facedrive is up 566% year to date – and things may well get better in 2021.

The Sustainability Boom Is Only Just Beginning 

Many were caught by surprise in 2020 when the ESG investment trend sent stocks soaring by triple digits or even more. But that was only the beginning. 

There isn’t an industry out there that won’t be transformed by the tsunami of ESG capital forming in the stock market. 2020 may have been what Fidelity called a «bumper year for sustainable investing», but now the regulatory and social impact of all that investing is about to be felt.

There will be plenty of retail investors looking at the stocks that are set for a rebound in 2021, but the real money is probably going to be made with stocks that didn’t need to recover.  The stocks that are ready for the new reality of markets. Stocks that are flexible, ambitious, and moved early on this new trend.  Stocks like Facedrive (FD, FDVRF), where the deal flow is as fast as the trillion-dollar megatrend itself. 

Major Moves And Ambitious Acquisitions 

Keeping up with the newsflow coming out of this ambitious company is a challenge in itself. In 2020, there seemed to be a new major acquisition every month. The much hyped Steer acquisition was first reported in September.

In July, Facedrive stormed another space–the rapidly growing food delivery business that is now being defined by merger mania. Facedrive acquired assets of Foodora Canada—until then a subsidiary of global giant Delivery Hero–along with 5,500 restaurant partnerships and hundreds of thousands of active members. Facedrive Foods now operates out of 19 cities in Canada, with an eye on expansion into the US markets in the near future.

In August, Facedrive launched TraceScan, the COVID tracking app with state-of-the-art COVID contact-tracing and a huge competitive advantage because it includes wearables. It wasn’t long before Air Canada signed up to TraceScan and the Ontario government began trials with it.

Then it added Amazon and Canadian telecoms giant Telus to Facedrive’s Corporate Partnership Program. Both Amazon and Telus will be getting corporate pricing and services from Facedrive’s carbon-offset rideshare and food delivery platform. 

The names in this space are undeniably huge, but nothing is larger than the financial potential of this shift.  When it comes to investing in 2021, ignoring the sustainability trend is an error investors simply can’t afford to make.

Energy Providers Are All The Rage

Renewable energy providers are some of the top picks for ESG investors, as well, but few have performed as well as Enphase Energy (ENPH). Enphase is a Fremont, California-based company that designs and manufactures software-driven home energy solutions used in solar generation, home energy storage, and web-based monitoring and control.

Despite the tough first half of 2020, Enphase has remained a favorite on Wall Street. Since January of last year, Enphase has seen its share price rise by a massive 472%, and it’s only just getting started. As the renewable push kicks into high gear, and with the United States expected to spend over $1.7 trillion on green energy initiatives over the next decade, Enphase might just emerge as one of the biggest winners.

NextEra Energy (NEE) is another shining star in the renewable world. NextEra is the world’s leading producer of wind and solar energy, so it’s no surprise that it has received some love from the ‘millennial dollar.’

In 2018, the company was the number one capital investor in green energy infrastructure, and fifth largest capital investor across all sectors. No other company has been more active in reducing carbon emissions.

Though its price movement hasn’t been as exciting as Enphase, it has remained on a consistent upward trajectory. In fact, long-term investors who bought in just 5 years ago would be sitting pretty on 300% returns. And the icing on the cake? It pays dividends.

Not even the supermajors in the oil industry can ignore the ESG demand from investors. They’ve been diversifying their portfolios to hedge their bets in the rapidly changing new reality of energy. And no other oil major takes this more seriously than Total (TOT). Total has led the charge to go green. It is not only aware of the needs that are not being met by a significant portion of the world’s growing population, it is also hyper-aware of the looming climate crisis if changes are not made.

It’s also one of the most conscious companies in the business. Total checks every box in the ESG checklist. It is promoting diversity and safety, making massive changes in its operations to ensure that its business is environmentally sound, and has even committed to going carbon neutral by 2050 or sooner. It’s no surprise that shareholders are loving its forward-thinking approach.

Big Tech’s Influence On The ESG Trend

Nvidia Corporation (NVDA) has made major progress towards a more sustainable tomorrow. But what makes NVIDIA even more special is that it is tackling the ESG trend on all fronts. In fact, it was ranked as one of the world’s top 100 companies to work for due to its incredible working conditions, hiring practices and professional development programs. In addition to its ranking as one of the world’s top companies to work for, it was also ranked on MIT Tech Review’s 50 Smartest Companies list and the Human Rights Watch’s Corporate Equality Index.

In 2020, Nvidia has done something that many other companies have struggled to do. Not only has it stayed afloat in one of the most trying years in recent history, it has thrived. Since January 2020, Nvidia’s share price has increased from $293 to $525, representing a noteworthy 80% increase in value.

Apple (AAPL) is another leader in Big Tech’s sustainability push. From the products themselves, to the packages they came in, and even the data centers powering them, Steve Jobs went above and beyond to cut the environmental impact of his company.

After his passing, Tim Cook took these principles to heart, and picked up the torch, transforming all of Apple’s operations into models of a sustainable future. Now, all of Apple’s operations run on 100% renewable energy.

And it’s already having an impact. Not only have they decreased their average product’s energy use by 70 percent. They’ve reduced their total carbon footprint by more than 35 percent in just a few short years. All while securing the title as the World’s Two Trillion Dollar Company.

By. Rick Peters

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that Tracescan  could help the travel and tourism industry deal with COVID and will sign new agreements for use of its alert wearables; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will be able to expand to the US and globally; that Facedrive’s merchandise business and sports prediction app will prove popular and successful; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; TraceScan may not work as expected in commercial settings and customers may not acquire or use it; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of Facedrive to attract providers of good and services for merchandise partnerships on terms acceptable to both parties, and on profitable terms for Facedrive; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively «the Company») owns a considerable number of shares of FaceDrive (FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

DISCLAIMER:  OilPrice.com is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein.  The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. «Forward-looking statements» describe future expectations, plans, results, or strategies and are generally preceded by words such as «may», «future», «plan» or «planned», «will» or «should», «expected,» «anticipates», «draft», «eventually» or «projected». You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:

Media Contact e-mail:  editor@financialnewsmedia.com 
U.S. Phone: +1(954)345-0611

Cision View original content:http://www.prnewswire.com/news-releases/the-120-trillion-investment-trend-transforming-wall-street-301202526.html

SOURCE Oilprice.com

BTCC Exchange: Crypto Trends to Look Out for in 2021

Looking forward to 2021, with many uncertainties ahead, the world’s longest-running cryptocurrency exchange, BTCC launches AMAs on the topic «Crypto Trends to Look For in 2021″ to help the cryptocurrency community to clear the uncertain economic times ahead.

LONDON, Jan. 7, 2021 /PRNewswire/ — At the beginning of 2021, the world’s oldest cryptocurrency, Bitcoin, has seen an all-time high of over $35,000 on <span…

Looking forward to 2021, with many uncertainties ahead, the world’s longest-running cryptocurrency exchange, BTCC launches AMAs on the topic «Crypto Trends to Look For in 2021″ to help the cryptocurrency community to clear the uncertain economic times ahead.

LONDON, Jan. 7, 2021 /PRNewswire/ — At the beginning of 2021, the world’s oldest cryptocurrency, Bitcoin, has seen an all-time high of over $35,000 on 6 January 2021, which is not surprising for institutional investors as well as high-net-worth individuals who consider BTC as a hedge against extraordinary fiscal stimulus programs. Here is an AMA summary from Chief Research Officer, Dan at BTCC.

ETH Price Prediction in 2021

The world’s largest financial derivatives exchange, CME Group, announces its ETH derivative product will go live on February 2021, following the launch of Bitcoin derivative product. It means ETH will be considered as a financial product, and will be regulated by the Commodity Futures Trading Commission (CFTC). We expect that the launch of ETH derivative product next year will bring more institutional funds into the market, thus the price of ETH is very likely to see a massive rise.

Growing Number of Institutional Players Entering the Crypto Market

The year of 2020 also has seen numerous examples of institutional investors turning their attention to the world’s most popular cryptocurrency. For example, one of the largest insurance firms, MassMutual, has purchased $100 million of Bitcoin on December 2020.

We expected to see the crypto market to rise from the end of 2020 to 2021. The difference between the bull run this year to the one in 2017 is that previous bull was driven by individual investors and some whales. However, the bull run this year is mainly driven by institutional investors pushing the price up.

Top 10 Cryptocurrencies to Look Out for in 2021

The major theme of crypto market next year will be around DeFi, Polkdot, and ETH 2.0, therefore we will expect ETH remain unchanged at the top 2. While XRP, BCH, LTC and EOS are not what the market needs for next year, we expect to see these coins fall out of their current ranking.

Here is a prediction of crypto ranking in 2021 by Dan: BTC, ETH, USDT, LTC, XRP, BNB, LINK, UNI, DOT, BCH.

BTCC currently offer 9 major cryptocurrency trading pairs including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), EOS (EOS), Ripple (XRP), Stellar (XLM), Dash (DASH), and Cardano (ADA). Users can trade Bitcoin weekly contract, and perpetual contract at BTCC with leverage of 10x, 20x, 50x and 100x. BTCC also offer Bitcoin daily contract with 150x leverage.

About BTCC

Founded in 2011, BTCC is the world’s longest-running crypto exchange and currently headquartered in the UK. With nearly 10 years of operating history, BTCC is known for its safe and stable, top-end market depth, and as well as faster transaction speed. For more information, visit www.btcc.com

Press Contact: press@btcc.com

Related Images

crypto-trend-to-look-out-for-in.png
Crypto Trend to Look Out For in 2021
Crypto Trend to Look Out For in 2021 – BTCC Chief Research Officer Dan

Related Links

BTCC Website

App Download

Cision View original content:http://www.prnewswire.com/news-releases/btcc-exchange-crypto-trends-to-look-out-for-in-2021-301202004.html

SOURCE BTCC

Statement from Chubb Chairman and CEO Evan G. Greenberg on U.S. Election Results

NEW YORK, Jan. 7, 2021 /PRNewswire/ — Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb, today provided the following statement on the results of the U.S. election:

NEW YORK, Jan. 7, 2021 /PRNewswire/ — Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb, today provided the following statement on the results of the U.S. election:

«As citizens of our great nation, all of us have a responsibility to speak out against and condemn in the strongest terms the violence and display of demagoguery we witnessed in our nation’s capital yesterday.  This is not who we are as a nation and our democracy must be protected.  Whether one likes the results of our election or not, the citizens of our country have spoken.  Our election process as reaffirmed by our courts and government agencies was fair and lawful.  We look to all of our elected leaders from both parties to set an example by their respect and active support for the orderly transfer of power and their condemnation of false claims of election fraud.  The confirmation of the electoral results last night by Congress was a powerful affirmation of our democracy.  We should all hope for a new era of respect and decency as we meet the many common challenges facing our nation.»

About Chubb

Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 33,000 people worldwide. Additional information can be found at: www.chubb.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/statement-from-chubb-chairman-and-ceo-evan-g-greenberg-on-us-election-results-301202756.html

SOURCE Chubb

Caroffer’s New Group Trade Platform Helps Dealers Optimize Profitability And Automate Inventory Management Across Multiple Stores

PLANO, Texas, Jan. 7, 2021 /PRNewswire/ — CarOffer, retail automotive’s first automated instant wholesale vehicle trade platform, rolled out a new vehicle sourcing and trading solution to meet the inventory needs of dealer groups. Now, in-group dealers can leverage all of the power of the CarOffer Matrix platform but at a multi-store level, allowing them to buy, sell and trade among each other and match inventory needs to specific stores. Centralized control, real time appraisals and one bill of sale…

PLANO, Texas, Jan. 7, 2021 /PRNewswire/ — CarOffer, retail automotive’s first automated instant wholesale vehicle trade platform, rolled out a new vehicle sourcing and trading solution to meet the inventory needs of dealer groups. Now, in-group dealers can leverage all of the power of the CarOffer Matrix platform but at a multi-store level, allowing them to buy, sell and trade among each other and match inventory needs to specific stores. Centralized control, real time appraisals and one bill of sale give dealer groups a new edge to increasing profitability and efficiency.

Asbury Automotive is among the first to enroll its stores in CarOffer’s Group Trade platform.

Asbury Automotive Group (NYSE: ABG), one of the largest automotive retail and service companies in the U.S. with 91 dealerships, is among the first to enroll its stores in CarOffer’s Group Trade platform. Asbury first approached CarOffer seven months ago with the idea to develop this tool and teams from both companies worked together to build this innovative group trade platform.

«At Asbury, we’re committed to evolving the auto retail experience using the most innovative and performance-driven solutions available,» says David Hult, president and CEO of Asbury Automotive Group. «The CarOffer Group Trade platform streamlines vehicle sourcing and brings much-needed simplicity and optimization to the inventory process. It allows our dealerships to keep inventory flowing seamlessly without raising their hand to bid on a vehicle or taking focus away from servicing our guests.»

CarOffer’s Group Trade platform provides automated in-group offers in real time at point of appraisal on all group inventory. Offers can be managed and controlled centrally or at the store level, and CarOffer streamlines all logistics and inter-group transfer bill-of-sales. The Group Trade platform can also be custom-built for unaffiliated stores, creating private trading platforms for entities such as 20 Groups.

«We believe our new Group Trade platform is a break-through for the industry,» says Bruce Thompson, CEO and Founder of CarOffer. «We took the power of the Buying Matrix and dialed it in at the group level so that groups could maximize their buying power and optimize vehicle demand among store locations. It creates opportunities for profitability and scalability that have never been seen before, and we are thrilled that Asbury is leveraging this tool across their stores.»    

CarOffer delivers its wholesale trading and sourcing solution to more than 2,000 rooftops nationwide. The company’s instant liquidity capability is unique to the auto industry as other dealer-to-dealer wholesale platforms require a manual launch and bidder review before an offer can be made.

Last month, global online automotive marketplace leader CarGurus (Nasdaq: CARG) announced its plans to acquire a 51% interest in CarOffer at an enterprise valuation of $275M, with the ability to buy the remaining equity interest in the company over the next three years. The deal is expected to close in January 2021 pending the requisite regulatory approvals and satisfaction of other closing conditions. [For more information, see the press release issued by CarGurus in connection with the signing of the transaction here.]

Cautionary Language Concerning Forward-Looking Statements About CarGurus 

All statements contained in this press release about CarGurus other than statements of historical facts, including, without limitation, statements regarding expectations for the closing of the transaction and acquisition of additional equity interests, are forward-looking statements. These statements are subject to a number of risks and uncertainties, which could cause them to differ materially from actual results. Information concerning those risks is available in the «Risk Factors» section of the CarGurus, Inc. Quarterly Report on Form 10-Q, filed on November 5, 2020 with the U.S. Securities and Exchange Commission. CarGurus undertakes no obligation to update forward-looking statements except as required by law.

About CarOffer

CarOffer is retail automotive’s first instant trade platform for modern day retailing that helps dealers trade more, buy more and make more. The CarOffer platform leverages the power of national scale, data and technology to help dealers acquire and exchange used inventory more profitably. The power behind CarOffer is a marketplace with national participation competing for used vehicle inventory by providing «on the money» offers at the point of appraisal along with a future 45-day guaranteed buy offer. Developed by one of the recognized pioneers in inventory management software, Bruce Thompson, the CarOffer platform is a singular seamless solution that can replace numerous service providers commonly used by dealerships, delivering significant instant savings and efficiencies. www.caroffer.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/caroffers-new-group-trade-platform-helps-dealers-optimize-profitability-and-automate-inventory-management-across-multiple-stores-301202471.html

SOURCE CarOffer