Geovanny Vicente – Página 116

EPRI CEO Tells NARUC: Hydrogen’s Moment Has Arrived

WASHINGTON, Feb. 17, 2021 /PRNewswire/ — Electric Power Research Institute (EPRI) President and CEO Dr. Arshad Mansoor told energy regulators this month that the moment is here for hydrogen to take its place along the path toward economy-wide decarbonization.

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In remarks to the National Association of Regulatory Utility Commissioners (NARUC) Winter Policy Summit, Mansoor said, «We’ve been talking about [hydrogen] for a long time. It’s always 10 years away. Even 50 years ago, it was 10 years away.»

But now, the media, investors and policymakers are paying more attention to the virtues of hydrogen and its ability to decarbonize the industrial and transportation sectors and «to electrify hard-to-electrify sectors by creating an alternate molecule,» Mansoor said.

Mansoor spoke on a panel moderated by NARUC President and Idaho PUC Commissioner Paul Kjellander.

Kjellander moderated the discussion focused on the near-term future of hydrogen and its opportunities to drive the U.S. and global energy transitions.

Other panelists included: celebrated host and executive producer of PBS’s White House Chronicle, Llewellyn King; Dr. Laura Nelson, vice president of Strategen and executive director of the Green Hydrogen Coalition; and Matt Valle, vice president of development at Florida Power & Light.

Panelists acknowledged the need to separate the zeitgeist from reality. They all expressed optimism for hydrogen’s staying power, citing the molecule’s multi-sectoral applicability and decarbonizing potential.

«We are in the midst of this rapidly evolving energy system,» said Nelson, «and we’re seeing increased deployment of renewable energy resources along with lithium-ion batteries.» Noting the limitations of lithium-ion batteries, Nelson continued, «but when you’re looking at how we’re going to achieve seasonally or multi-day or monthly shifting of energy…we’re really going to need to continue to grow our long-duration energy storage portfolio, and green hydrogen can be an important part of that.»

Valle echoed Mansoor’s sentiments that hydrogen is having a moment and is here to stay, sharing that «we [the U.S. electric sector] get excited about it because lots of modeling has been done on renewables plus storage over time and how do you get closer to a zero-carbon system. But where we all run into issues is longer duration storage. And batteries are just not cost-effective…so we see it [hydrogen] as the last 10-20% of what it’s going to take to get to zero-carbon.»

Mansoor and his co-panelists were careful to manage expectations. «It seems like a silver bullet, but it may not be,» cautioned Valle. Mansoor pointed to the challenges of cost-effective production of blue and especially green hydrogen, as well as inadequate transportation and delivery infrastructure.

«And this is where the global community has come in,» added Mansoor. «We formed a five-year research [Low-Carbon Resources] initiative last quarter and in just three months 35 global energy companies and manufacturers have together committed $100 million in research funding to advance these technologies, to explain and understand the engineering so that this time it’s not just another fad and actually realize the opportunities that hydrogen provides for a deep decarbonized future.»

Stay informed of EPRI activities on social media @EPRINews on Twitter and LinkedIn. You can also keep up with President and CEO Arshad Mansoor’s commentary by following him on LinkedIn.

Contact
Dipka Bhambhani
DBhambhani@epri.com

About EPRI
The Electric Power Research Institute, Inc. (EPRI, www.epri.com) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment. EPRI’s members represent more than 90 percent of the electricity generated and delivered in the United States, and international participation extends to 40 countries. EPRI’s principal offices and laboratories are in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; and Lenox, Mass.

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SOURCE Electric Power Research Institute

FAIR Opposes Biden Effort to Delay Implementation of Rule Protecting American Jobs and Wages

WASHINGTON, Feb. 17, 2021 /PRNewswire/ — The Federation for American Immigration Reform (FAIR) submitted a public comment yesterday to the U.S. Department of Labor (DOL) opposing the agency’s intention to delay implementation of a Trump administration rule that…

The rule, Strengthening Wage Protections for the Temporary and Permanent Employment of Certain Aliens in the United States, is a disincentive to employers who might bypass American workers in favor of guestworkers by requiring the use of more realistic wage scales to determine the compensation paid to temporary foreign workers. The intent of the new rule is to prevent employers from manipulating wage scales in ways that allow them to pay guestworkers less than they would have to pay American workers.

«FAIR strongly opposes DOL’s proposal to delay the effective date of the Strengthening Wage Protections for the Temporary and Permanent Employment of Certain Aliens in the United States Final Rule. The current wage structure has resulted in serious fiscal harm to many U.S. workers by allowing employers to underpay foreign workers admitted under these visa programs,» states the comment to DOL.

«Postponing the effective date of this final rule past April 1, 2021 prevents these protections from being applied to the H-1B visa allocation for at least a full calendar year (assuming that DOL implements the rule any time prior to April 2022). Such a delay will only reduce job opportunities and suppress wages for U.S. workers at a time when millions of Americans are out of work, resulting in severe harm to U.S. workers and exploitation for foreign workers benefiting from the abovementioned visa programs,» FAIR continues.

«President Biden touts himself as a relentless defender of American workers, often citing his own upbringing in a family that struggled to make ends meet. Yet, in one of his first acts as president, his administration is affirmatively removing safeguards that would protect white-collar and blue-collar American workers, and doing so during a period of high unemployment,» commented Dan Stein, president of FAIR. «The abuse of guestworker programs, resulting in harm to American workers, has been widely acknowledged by Republicans and Democrats alike. There is no justification to further delay implementation of these long overdue protections.»

The administration’s proposed delay in implementing the final rule is being spearheaded by powerful business interests with support from far-left factions of the president’s coalition. «In our comments to DOL, FAIR is urging the president to side with the American workers whose struggles he has long claimed to identify with,» Stein concluded.

Contact: Matthew Tragesser, 202-328-7004 or mtragesser@fairus.org

ABOUT FAIR

Founded in 1979, FAIR is the country’s largest immigration reform group. With over 3 million members and supporters nationwide, FAIR fights for immigration policies that serve national interests, not special interests. FAIR believes that immigration reform must enhance national security, improve the economy, protect jobs, preserve our environment, and establish a rule of law that is recognized and enforced.

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SOURCE Federation for American Immigration Reform (FAIR)

EnergyWare to Sponsor The School Superintendents Association’s National Conference on Education

SUNRISE, Fla., Feb. 17, 2021 /PRNewswire/ — EnergyWare, a leading national provider of energy efficiency technology, has been officially announced to be the sponsor of The School Superintendents Association’s National Conference on Education. The event, which is set to take place on Feb. 18 and 19, will be held virtually for the safety and convenience of attendees.

Education, which includes K-12 Schools and Universities, has quickly developed into one of…

Education, which includes K-12 Schools and Universities, has quickly developed into one of EnergyWare’s primary industries. In an effort to educate school leaders on the benefits of energy efficiency, EnergyWare’s team made the decision to sponsor and participate in the National Conference on Education.

«We are honored to be a part of The National Conference on Education, and our team is incredibly excited to be able to contribute to the event,» said Jake Jacques, CEO of EnergyWare.

«Energy efficiency helps schools save on energy costs, allowing them to reinvest into their infrastructure and education. We want to be able to communicate this to attendees, as the savings that they can accumulate from energy efficient planning can result in major enhancements to the educational development of students across the country over time.»

EnergyWare has worked with a multitude of school districts in recent years, helping them cut costs and become more energy efficient. Their EnergyWare motto, «A Better Energy Future,» is a message that emphasizes how everyone can have a part in being more energy efficient – and how businesses can lead the way.

The American Association of School Administrators (AASA), founded in 1865, is the professional organization for more than 14,000 educational leaders across the United States. AASA’s members are chief executive officers and senior-level administrators from school districts in every region of the country in rural, urban, and suburban settings. AASA’s mission is to support and develop effective school system leaders who are dedicated to the highest quality public education for all children.

For more information about The School Superintendents Association’s National Conference on Education, please visit https://nce.aasa.org.

To learn more about the American Association of School Administrators (AASA), please visit https://nce.aasa.org.

To learn more about how EnergyWare can help your business eliminate the guess-work of Energy Efficiency, please visit http://www.EnergyWareLLC.com.

About EnergyWare

A national provider of Energy Efficiency technology. EnergyWare eliminates the guess-work of Energy Efficiency by bringing engineers, designers, best in breed manufacturing and trained energy technology installers all under one umbrella.

Media Contact:
Morgan McAbee
Morgan@newswire.com

Related Images

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A Better Energy Future

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SOURCE EnergyWare

EyeBuyDirect Supports eXXpedition To Raise Awareness Of Ocean Plastic Pollution

LOS ANGELES, Feb. 17, 2021 /PRNewswire/ — EyeBuyDirect, the leading online retailer for prescription eyewear, has announced its support of

LOS ANGELES, Feb. 17, 2021 /PRNewswire/ — EyeBuyDirect, the leading online retailer for prescription eyewear, has announced its support of eXXpedition, a non-profit organization that runs pioneering all-female sailing research expeditions at sea and virtual voyages on land to investigate the causes of and potential solutions to ocean plastic pollution. Leveraging the momentum from the 5 TO SEE launch last November, EyeBuyDirect will donate a percentage of collection sales to the eXXpedition, further driving the company’s commitment to a cleaner, more sustainable planet.

Each frame from the 5 TO SEE collection consists of nine squared, lightweight frames designed for both men and women made using five upcycled plastic bottles. The frames and sunglasses are available in a wide range of colors, including bright blues and subtle tortoise hues, and can be customized with blue light blocking protection and other prescription options. For fast delivery of your prescription glasses, you can choose 2-day delivery for $29. All frames are part of the Buy 1, Give 1 program, which gives customers the opportunity to donate a pair of glasses with every purchase to someone in need around the world.  

«Sustainability is a key focus for EyeBuyDirect. We want to make sustainable products, but also increase education and awareness so more people can learn, share knowledge and be part of the solution,» said Jim Merk, Brand Director for EyeBuyDirect. «Our support for eXXpedition will assist their work exploring solutions and help develop the small behavioral changes leading to a bigger impact.»

In addition to the donation, EyeBuyDirect and eXXpedition are collaborating on a series of initiatives throughout the year to bring awareness to the issue of plastic waste in the oceans, while also supporting and promoting EyeBuyDirect’s sustainable collection.

SHiFT Platform – Launched by eXXpedition, this portal helps people navigate hundreds of solutions and drive change. EyeBuyDirect and the 5 TO SEE collection will be highlighted in this portal.

Live SHiFT Session – EyeBuyDirect’s CEO, Sunny Jiang, will have a virtual sit down with Emily Penn, Co-Founder and Director of eXXpedition, on March 18 to commemorate Women’s History Month. Their talk will address various topics, including the importance of sustainability to EyeBuyDirect and the challenges and opportunities they face as female leaders.

SHiFT Workshop – A select group of EyeBuyDirect’s brand ambassadors and employees will participate in a workshop over the summer led by eXXpedition Mission Leader Sally Earthrowl to help rethink their role in solving global ocean pollution problems.

«There is no silver bullet solution to the ocean plastic problem. The good news is there are hundreds of ways to solve it! We need a multi-disciplinary and multicultural approach, tackling the issue from all angles. We all need to find our role and work together,» said Penn.

About EyeBuyDirect    

EyeBuyDirect  is a one-stop online optical shop for contemporary men’s, women’s and children’s eyeglasses and sunglasses. Established in 2006, the brand champions bold style choices so customers can see the world in a whole new way and change how the world sees them. Offering over 2000 affordable frames, EyeBuyDirect owns the entire process from concept and design to manufacturing, with fashionable frames starting at just $6. Through their Buy 1 Give 1 program, a pair of eyeglasses is donated to someone in need for every order placed. 

Learn more at  www.eyebuydirect.com and follow their social channels on Facebook, Twitter and Instagram.  

About eXXpedition

eXXpedition is on a mission to help people understand the true ocean plastic and toxic pollution problem, so they can use their skills to solve it from sea to source. eXXpedition is a Community Interest Company and not-for-profit organisation that runs pioneering all-female sailing research expeditions at sea and virtual voyages on land to investigate the causes of and solutions to ocean plastic pollution. Led by ocean advocate and skipper Emily Penn – eXXpedition was founded in 2014 to shift the way people feel, think and act by building a global network of multidisciplinary women who can contribute to world-class scientific studies, explore solutions, and use their unique skill sets to tackle the problem from all angles.

Learn more at www.exxpedition.com and follow their social channels on Facebook, Twitter and Instagram

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SOURCE EyeBuyDirect

ForeFront Power and TurningPoint Energy Announce the Completion of Four Community Solar Projects in Maryland, With Three More on the Way

BALTIMORE, Feb. 17, 2021 /PRNewswire/ — ForeFront Power and TurningPoint Energy today announce the completion of four Maryland-based community solar projects. The Leigh Friend Solar Project was completed this month, and three additional projects (Kingsville, Croom Road, and South Osborne Road) began delivering power to residents in late 2019. Together, these four projects created over 150 jobs and represent 9.8 megawatts-DC (MW) of solar power being delivered to over 1,300 households in Garrett, Prince George’s, and Baltimore Counties. This solar energy will provide tens of thousands of dollars in county revenue over the 25-year lives of the projects.

These projects were awarded to and developed by TurningPoint Energy as part of the State of Maryland’s Community Solar Pilot Program. ForeFront Power purchased the projects in 2019, constructed the projects, and now serves as the long-term owner and operator. ForeFront Power and TurningPoint Energy are collaborating on three additional community solar projects in the state that will enter operation in the coming quarters.

«As a long-time Maryland resident myself, I’m proud to play a part in empowering our state’s local communities to have a say in the types of energy powering their homes,» said Michael Smith, CEO of ForeFront Power. «Solar energy keeps Maryland’s air clean, while bringing jobs and economic growth to our state at a moment when this is needed.»

«These seven projects demonstrate the resilience of the solar industry and U.S. economy in these trying times and the importance of leadership in progressing the economy forward by the State of Maryland, Maryland Public Service Commission, Baltimore County, Prince George’s County, Garrett County, ForeFront Power, and TurningPoint Energy,» said Jared Schoch, president of TurningPoint Energy. «We remain committed to investing in Maryland and its communities through continued development of community solar projects, which generate tax revenue, create jobs, provide electric bill savings and allow us to invest in deserving local causes at a time when Marylanders need it most.»

TurningPoint Energy and its partners have also pledged more than $90,000 in community investment to worthy food pantries, emergency response service providers, schools, fire stations, and police stations in concert with development of these projects. TurningPoint Energy has already delivered on $45,000 of this commitment to date.

«Maryland’s support of clean and renewable energy development is evidenced through its commitment to thoughtful solar development, net metering policies, and aggressive renewable portfolio standards. Community solar projects are particularly important to ensuring that all Marylanders, regardless of income-level or where they live, have access to the direct benefits of solar power,» said Chairman Jason Stanek of the Maryland Public Service Commission.

Support in Garrett, Prince George’s, and Baltimore Counties

«There is no doubt that clean, green energy will be a huge part of the future and I’m happy to support efforts to diversify our energy supply. Equally as important are the well paid, long-term jobs that are created by this industry. Implemented correctly, solar energy is an excellent economic development opportunity for Baltimore County and I’m proud to have one of the first solar farms in the 6th district, with hopes of more to come,» said Councilwoman Cathy Bevins of Baltimore County.

«Garrett County has been pleased to collaborate with TurningPoint Energy to develop this renewable solar energy project. The County supports clean energy development and is thankful for the additional jobs afforded by this and future projects by TurningPoint Energy and its partners,» said Garrett County Commissioner Paul Clayton Edwards.

«Driving down electricity costs, creating jobs, combating climate change, and generating tax revenue are very compelling reasons to support solar. We have been impressed by the resilience of the industry and specifically TurningPoint Energy’s efforts to keep developing these projects, especially during a pandemic,» said Prince George’s County Council Chair Calvin Hawkins.

Benefits for the Community

Community solar projects offer all the benefits of solar to those who are unable to install solar at their home. These projects enable individual households, whether they rent or own, the ability to source electricity from a community solar project at a discount to current utility rates.

Beyond the customer-level benefits, these projects will also benefit local communities economically and environmentally. The projects have utilized various local expertise and labor during the development and construction processes, including local legal, consulting, engineering, and land expertise. During operation, many of the projects engage local electricians and landscaping maintenance providers. Additionally, ForeFront Power also planted pollinator-friendly ground cover at the project sites to foster habitat for bees, birds, small mammals, and other wildlife.

About ForeFront Power

ForeFront Power is a leader in the United States for solar and energy storage solutions. The ForeFront Power team holds more than a decade of experience working together across nearly one gigawatt-DC (GW) of renewable electricity, spanning more than 1,300 distributed generation and community solar projects. Serving business, the public sector, and community solar customers in the U.S. and Mexico, ForeFront Power is headquartered in San Francisco, with offices in New York City and Mexico City. ForeFront Power is a wholly owned subsidiary of Mitsui & Co. Ltd., a global energy infrastructure and investment leader with a robust balance sheet and an «A» credit rating from Standard & Poor’s. For more information, visit forefrontpower.com.

About TurningPoint Energy

TurningPoint Energy is a clean energy development, advisory and investment company with solar development projects underway throughout the United States. Its principals have experience developing solar projects for utility and community solar clients totaling more than $2.5 billion in value over 1.1GW of operating solar power plants throughout the United States within the last decade. TurningPoint Energy is a lean, privately-held firm that adapts to its clients’ needs and finds ways to invest in its clients and their communities…at every turning point. For more information about TurningPoint Energy, visit https://turningpoint-energy.com.

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SOURCE ForeFront Power

DuPont and Vulcan Energy Collaborate Toward Zero Carbon Lithium Extraction

WILMINGTON, Del., Feb. 17, 2021 /PRNewswire-PRWeb/ — DuPont Water Solutions (DuPont), a leader in water filtration and purification, today announced a collaboration with Vulcan Energy Resources, a lithium and renewable energy project developer, to test and scale up Direct Lithium Extraction solutions for Vulcan’s world-first Zero Carbon Lithium® extraction process.

As the world seeks to power everything from smartphones to electric vehicles with clean lithium ion batteries, traditional…

As the world seeks to power everything from smartphones to electric vehicles with clean lithium ion batteries, traditional lithium brine extraction processes have presented environmental challenges—from the heavy use of chemicals to large requirements for water needed elsewhere.

Unlike current extraction processes, the Zero Carbon Lithium® project will demonstrate the world’s first completely carbon neutral lithium extraction process with virtually zero environmental disruption.

Vulcan Energy is developing a Zero Carbon Lithium® process to produce battery-quality lithium hydroxide, along with a renewable geothermal energy by-product, from its deep brine resource in the Upper Rhine Valley of Germany, Europe’s largest lithium resource.

DuPont will leverage its portfolio of Direct Lithium Extraction products and process solutions to assist Vulcan Energy with the Zero Carbon Lithium® project in the Upper Rhine Valley in Germany. As part of the project, DuPont will be developing and testing an Integrated Direct Lithium Extraction Process for Vulcan’s lithium brine that could be leveraged industry wide. DuPont’s multi-technology portfolio of lithium selective sorbent, nanofiltration, reverse osmosis, ion exchange resins, ultrafiltration, and close circuit reverse osmosis will be leveraged for the study.

«At DuPont, our goal is to create innovative product and process solutions that help the world thrive—with 100 percent of our products by 2030 directly supporting the United Nations’ Sustainable Development Goals,» said HP Nanda, global vice president and general manager, DuPont Water Solutions. «We are proud to bring our expertise in water filtration and purification to Vulcan Energy’s Zero Carbon Lithium® project to minimize the carbon and water footprint of lithium extraction and production—to more sustainably power mobility for years to come.»

«Collaborating with a company like DuPont is an important de-risking strategy for the DLE component of our Zero Carbon Lithium® project,» said Dr. Francis Wedin, Managing Director of Vulcan. «DuPont’s diverse set of products, which can be manufactured at scale, are likely to be well-suited to sustainably extract the lithium from the brine. We look forward to a successful long-term relationship with DuPont, to implement our strategy of becoming a major supplier of our unique Zero Carbon Lithium® hydroxide to the European electric vehicle battery market.»

DuPont Water Solutions is a leader in sustainable water purification and separation technologies, including ultrafiltration, reverse osmosis (RO) membranes and ion exchange resins.

About DuPont Water & Protection
DuPont Water and Protection is a global leader in creating water, shelter and safety solutions for a more sustainable world; enabling its customers to win through unique capabilities, global scale and iconic brands including Kevlar®, Nomex®, Tyvek®, Corian® Design, GreatStuff™, Styrofoam™, and FilmTec™.

About DuPont
DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at http://www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.

About Vulcan Energy:
Vulcan Energy Resources is aiming to become the world’s first Zero Carbon Lithium® producer, by producing a battery-quality lithium hydroxide chemical product with net zero carbon footprint from its combined geothermal and lithium resource, which is Europe’s largest lithium resource, in the Upper Rhine Valley of Germany. Vulcan will use its unique Zero Carbon Lithium® process to produce both renewable geothermal energy, and lithium hydroxide, from the same deep brine source. In doing so, it will fix lithium’s current problems for the EU market: a very high carbon and water footprint of production, and total reliance on imports, mostly from China. Vulcan aims to supply the lithium-ion battery and electric vehicle market in Europe, which is the fastest growing in the world. Vulcan has a resource which can satisfy Europe’s needs for the electric vehicle transition, from a zero-carbon source, for many years to come.

# # #

DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

2/17/21

For further information contact:
Anna Gemolas, DuPont
Anna.Gemolas@dupont.com
301-751-2911

Vulcan Energy Resources
info@v-er.eu

Media Contact

Anna Gemolas, DuPont, 301-751-2911, Anna.Gemolas@dupont.com

SOURCE DuPont

Crown Electrokinetics Reports Fiscal 2021 Third Quarter Financial Results and Provides Corporate Update

CORVALLIS, Ore., Feb. 17, 2021 /PRNewswire/ — Crown Electrokinetics Corp. (NASDAQ: CRKN) («Crown» or the «Company»), a leading smart glass technology…

CORVALLIS, Ore., Feb. 17, 2021 /PRNewswire/ — Crown Electrokinetics Corp. (NASDAQ: CRKN) («Crown» or the «Company»), a leading smart glass technology company developing and commercializing patented thin-film solutions, today reported its financial results for the fiscal 2021 third quarter ended December 31, 2020.

«During the fiscal third quarter, Crown completed the necessary steps to become a Nasdaq-listed public company. This included the appointment of three new members to the Board of Directors bringing decades of experience in key areas including global energy solutions, integrated marketing and public company executive leadership, » said Crown Chairman & CEO, Doug Croxall.

«We entered 2021 with great momentum launching and successfully closing a $21.5 million capital raise and simultaneously listing on the Nasdaq Capital Market. Most recently, we completed the purchase of the intellectual property portfolio from HP. Crown is well positioned for its next phase of growth focused on the commercialization of our DynamicTint^TM solutions,» concluded Mr. Croxall.

Corporate Updates

Launched the innovative DynamicTint^TM Insert in November 2020. Leveraging Crown’s DynamicTint in a convenient insert for your home skylight it will be used to control a room’s light and make your home more sustainable.
Enhanced the Board of Directors with the appointments of Edward Kovalik, John Marchese and Christopher Smith on December 1, 2020. The new additions to the Board join Dr. DJ Nag, a globally recognized intellectual property strategist, as independent directors.

Edward Kovalik is the Chief Executive Officer of Unity National Financial Services, a minority owned boutique investment bank, and co-founder of Prairie Partners. Prior to Unity National, Mr. Kovalik had executive experience at KLR Group, a merchant bank focused on the Energy sector, and Rodman & Renshaw.
John Marchese is the Founder, President and Managing Partner at Marchese Associates, a branding and integrated marketing consultancy located in Jacksonville Beach, Florida. With over 35 years of marketing and brand consulting experience, Mr. Marchese has worked with C-level executives of Fortune 500 companies to solve highly-complex business and portfolio marketing problems.
Christopher Smith is a practicing attorney advising domestic corporate, international corporate and personal clients. He has extensive board experience serving as chairman and director of various public and private companies as well as chairmanships of numerous audit and governance committees. Mr. Smith’s engagements have included Sylvania International, Puma, Cadence Innovation, Thompson Publishing, Barnes Engineering and Oneida, and other enterprises in a wide variety of industries. He is currently Lead Independent Director of Kubient, Inc. (KBNT), a leading digital communications enterprise.

Improved the balance sheet with the closing of a $21.5 million gross capital raise on January 28, 2021. The underwritten public offering was of 4,150,000 shares of its common stock at a price of $4.50 per share. The Company received net proceeds of $19.3 million which will be used for general corporate matters, including continued technology development, and manufacturing infrastructure.
Began trading on the Nasdaq Capital Market under the ticker symbol «CRKN» on January 26, 2021. In addition, the Company effected a 1-for-3 reverse stock split to meet listing requirements for the exchange.
Completed the acquisition of ten intellectual property (IP) patents covering electrokinetic (EK) technology from HP, Inc. The acquired IP portfolio was incubated and developed by key Crown executives while previously working at HP. These patents cover innovative trade secrets that the team uses to develop innovative smart glass technology including DynamicTint^TM.

About Crown Electrokinetics
Crown is a smart glass technology company and the creator of DynamicTint – We Make Your Glass Smarter™. Originally invented by Hewlett-Packard (HP, Inc.), our technology allows any glass surface to transition between clear and dark in seconds. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, we partner with leading glass and film manufacturers for mass production and distribution. At the core of our technology is a thin film that is powered by electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. With its unique ability to be retrofitted to existing glass, DynamicTint™ offers myriad benefits related to reducing carbon emissions. The company is supported by a robust patent portfolio. For more information, please visit WWW.CROWNEK.COM.

Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as «anticipate,» «expect,» «intend,» «may,» «will,» «should» or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Crown Electrokinetics and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Crown Electrokinetics’ periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Crown Electrokinetics undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Balance Sheet


	December 31, 2020	March 31, 2020
	(Unaudited)
ASSETS
Current assets:
Cash & cash equivalents	$ 35,609	$ 48,307
Prepaid & other current assets	253,906	12,693
Total current assets	289,515	61,000
Property and equipment, net	148,240	92,629
Intangible assets, net	204,651	235,007
TOTAL ASSETS	$ 642,406	$ 388,636

LIABILITIES AND STOCKHOLDERS’ DEFICIT

Current liabilities:
Accounts payable	$ 1,182,621	$ 1,262,389
Accrued expenses	356,315	765,201
Accrued interest	464,565	454,926
Notes payable, net of debt discount of $822,961 and $405,377, respectively	2,842,931	3,083,158
Warrant liability	2,542,415	1,733,718
Related party payable	25,000	49,741
Total current liabilities	7,413,847	7,349,133
Total liabilities	7,413,847	7,349,133

Commitments and Contingencies (Note 12)

STOCKHOLDERS’ DEFICIT:
Preferred stock, par value $0.0001; 50,000,000 shares authorized, no shares outstanding	–	–
Common stock, par value $0.0001; 200,000,000 shares authorized; 7,599,716 shares outstanding as of December 31, 2020 and 5,774,778 shares outstanding as of March 31, 2020, respectively	760	577
Additional paid-in capital	29,758,066	9,487,285
Accumulated deficit	(36,530,267)	(16,448,359)
Total stockholders’ deficit	(6,771,441)	(6,960,497)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 642,406	$ 388,636

Statements of Operations

	Three Months Ended December 31		Nine Months Ended December 31,
	2020	2019	2020	2019
Revenue	$ –	$ 100,000	$ –	$ 100,000
Cost of revenue	–	153,500	–	460,500
Gross loss	–	(53,500)	–	(360,500)

Operating expenses:
Research and development	838,967	483,647	2,634,663	1,554,413
Selling, general and administrative	1,857,892	1,428,686	11,455,061	4,297,077
Total operating expenses	2,696,859	1,912,333	14,089,724	5,851,490

Loss from operations	(2,696,859)	(1,965,833)	(14,089,724)	(6,211,990)

Other income (expense):
Other expense	(483)	–	(54,709)	–
Interest expense	(340,880)	(309,422)	(2,664,897)	(1,226,021)
Loss on exchange of notes payable for common stock and warrants	–	–	(1,521,348)	–
Loss on extinguishment of debt	(255,046)	–	(452,646)	–
Change in fair value of warrant liability	(598,899)	–	(1,337,355)	136,326
Chang in fair value of derivative liability	38,771		38,771	–
Total other expense	(1,156,537)	(309,422)	(5,992,184)	(1,089,695)

Net loss	$ (3,853,396)	$ (2,275,255)	$ (20,081,908)	$ (7,301,685)

Net loss per share, basic and diluted:	$ (0.45)	$ (0.58)	$ (2.70)	$ (2.03)

Weighted average shares outstanding, basic and diluted:	8,595,124	3,946,403	7,430,701	3,605,001

	Nine Months Ended December 31,
	2020	2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (20,081,908)	$ (7,301,685)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	10,662,994	3,713,956
Issuance of common stock to consultants	302,109	240,000
Issuance of common stock and warrants in connection with cancellation of consulting agreement	–	264,520
Depreciation and amortization	56,709	57,893
Loss on extinguishment of debt	452,646	–
Loss on exchange of notes payable for common stock and warrants	1,521,348	–
Amortization of debt discount	2,255,845	976,662
Non-cash expenses for placement agent	54,961	–
Change in fair value of warrant liability	1,337,355	(136,326)
Chang in fair value of derivative liability	(38,771)	–
Bad debt expense	–	24,788
Changes in operating assets and liabilities:
Prepaid and other current assets	(188,733)	28,682
Account payable	120,067	652,054
Accrued expenses	(408,887)	467,957
Accrued interest	348,852	249,694
Net cash used in operating activities	(3,605,413)	(761,805)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of equipment	(81,964)	(26,603)
Purchase of research and development license	(25,000)	–
Net cash used in investing activities	(106,964)	(26,603)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from the issuance of common stock, net of fees	1,598,700	–
Proceeds from related party non interest bearing advance	25,000	48,741
Repayment of senior secured promissory note	(200,000)	–
Proceeds from PPP loan	205,200	–
Repayment of related party non interest bearing advance	(49,741)	–
Repayment of notes payable	(53,000)	–
Proceeds from issuance of senior secured convertible notes and common stock warrants	2,676,000	638,500
Common stock repurchased and subsequently canceled	(450,000)	–
Payment of financing costs	(52,480)	–
Change in cash overdraft	–	1,720
Net cash provided by financing activities	3,699,679	688,961

Net decrease in cash	(12,698)	(99,447)
Cash — beginning of period	48,307	99,447
Cash — end of period	$ 35,609	$ –

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Unpaid deferred offering costs	$ –	$ 181,051
Unpaid research and development license included in accounts payable	$ 75,000	$ 100,000
Beneficial conversion feature in connection with notes payable	$ 618,657	$ 27,918
Issuance of common stock in connection with conversion of notes	$ 4,493,623	$ –
Issuance of common stock in connection with notes payable	$ 1,133,650	$ 321,000
Issuance of common stock in satisfaction of accounts payable	$ 121,835	$ –
Exercise of common stock warrants	$ 10	$ –
Canceled restricted stock awards	$ 200	$ –
Reclassification of warrant liabilities	$ 2,061,288	$ –
Issuance of common stock warrants	$ 263,328	$ –
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest	$ 60,201	$ –
Cash paid income taxes	$ –	$ –

View original content:http://www.prnewswire.com/news-releases/crown-electrokinetics-reports-fiscal-2021-third-quarter-financial-results-and-provides-corporate-update-301229869.html

SOURCE Crown Electrokinetics

Domino’s® Raises More Than $13 Million for St. Jude Children’s Research Hospital® and The Domino’s Village

ANN ARBOR, Mich., Feb. 17, 2021 /PRNewswire-HISPANIC PR WIRE/ — Domino’s Pizza, Inc. (NYSE: DPZ), the largest pizza company in the world based on global retail sales, is proud to announce that its corporate and franchise-owned stores across the country joined forces to raise a recording-breaking $13 million to support <a target="_blank"…

The Domino's Village at St. Jude Children's Research Hospital is expected to open its doors to patient families in spring 2023.

The campaign follows the commitment Domino’s made in September 2020 to raise $100 million by 2030. As customers and team members were raising funds for a strong first year of the new commitment, preparations began to start construction on The Domino’s Village, a brand new patient housing facility for St. Jude families to call home while their children receive lifesaving care for childhood cancer and other life-threatening diseases. The Domino’s Village is expected to open its doors in spring 2023. To hear from patient families on the impact of housing at St. Jude, watch this brand-new video on The Domino’s Village: http://bit.ly/The-Dominos-Village.

More than $10.2 million of the funds came from generous donors during the annual St. Jude Thanks and Giving^® campaign. The campaign, which ran for 11 weeks starting on Oct. 19, 2020, through Jan. 3, 2021, was the 17th consecutive St. Jude Thanks and Giving. Domino’s has participated in the campaign since the inaugural year. Prior to the 2020 campaign, Domino’s offered the opportunity for customers to round up their order total and donate the change to benefit St. Jude. This year, the round up totaled more than $2.8 million.

«During a particularly challenging year, I am in awe of the generosity of our brand’s customers during the annual St. Jude Thanks and Giving campaign,» said Ritch Allison, Domino’s CEO. «The record number of funds raised in stores this year speaks volumes about not only the dedication of Domino’s team members and customers, but also the groundbreaking work done by St. Jude Children’s Research Hospital.»

Domino’s $100 million pledge is the largest corporate commitment in the history of St. Jude. The Domino’s Village will be a home away from home for patient families who are referred to St. Jude from all over the world, offering them enjoyable living, dining and play spaces.

St. Jude treats children with cancer and other life-threatening diseases around the globe. Discoveries made at St. Jude are shared freely so every child saved at St. Jude means doctors and scientists can use that knowledge to save thousands more children around the world. In addition to housing and food, St. Jude offers an on-site education and numerous other services for patients and their families, who never receive a bill from St. Jude for treatment, travel, housing or food – because all a parent should worry about is helping their child live.

About Domino’s Pizza^®

Founded in 1960, Domino’s Pizza is the largest pizza company in the world based on retail sales. It ranks among the world’s top restaurant brands with a global enterprise of more than 17,200 stores in over 90 markets. Domino’s had global retail sales of more than $14.3 billion in 2019, with over $7.0 billion in the U.S. and nearly $7.3 billion internationally. In the third quarter of 2020, Domino’s had global retail sales of more than $3.7 billion, with over $1.9 billion in the U.S. and nearly $1.8 billion internationally. Its system is comprised of independent franchise owners who accounted for 98% of Domino’s stores as of the end of the third quarter of 2020. Emphasis on technology innovation helped Domino’s achieve more than half of all global retail sales in 2019 from digital channels. In the U.S., Domino’s generated more than 65% of sales in 2019 via digital channels and has developed several innovative ordering platforms, including those for Google Home, Facebook Messenger, Apple Watch, Amazon Echo, Twitter and more. In 2019, Domino’s announced a partnership with Nuro to further its exploration and testing of autonomous pizza delivery. In mid-2020, Domino’s launched a new way to order contactless carryout nationwide – via Domino’s Carside Delivery™, which customers can choose when placing a prepaid online order.

Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com

Please visit our Investor Relations website at biz.dominos.com to view news, announcements, earnings releases, investor presentations and conference webcasts.

St. Jude Children’s Research Hospital^®

St. Jude Children’s Research Hospital is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. Its purpose is clear: Finding cures. Saving children.^® It is the only National Cancer Institute-designated Comprehensive Cancer Center devoted solely to children. Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20 percent to more than 80 percent since the hospital opened more than 50 years ago. St. Jude won’t stop until no child dies from cancer. St. Jude freely shares the discoveries it makes, and every child saved at St. Jude means doctors and scientists worldwide can use that knowledge to save thousands more children. Families never receive a bill from St. Jude for treatment, travel, housing or food – because all a family should worry about is helping their child live. Join the St. Jude mission by visiting stjude.org, liking St. Jude on Facebook, following St. Jude on Twitter, Instagram and TikTok, and subscribing to its YouTube channel.

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SOURCE Domino’s Pizza, Inc.

Volta Trucks selects Proterra to supply the vehicle battery for the full-electric Volta Zero

LONDON and BURLINGAME, Calif., Feb. 17, 2021 /PRNewswire/ — Volta Trucks, the full-electric commercial vehicle manufacturer, has selected Proterra, a leading innovator in commercial vehicle electrification technology, as the battery supplier for the Volta Zero. The Volta Zero is the world’s first purpose-built, full-electric 16-tonne commercial vehicle designed specifically for inner city freight distribution.

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This significant contract completes Volta Trucks’s strategic sourcing of the electric powertrain. Volta Zero vehicles are scheduled to start customer trials later in 2021, with tens of thousands of trucks expected on the roads soon after series production starts around 12 months later.

The Proterra-supplied battery will give the Volta Zero a real-world range of 200kms on a single charge. This distance is more than enough for most inner city logistics and distribution vehicles which spend most of their operating time in slow-moving start / stop traffic. The Proterra battery pack delivers industry-leading energy density and a customizable design. This allows the battery in the Volta Zero to be located between the chassis rails – its safest possible location for the design.

The collaboration represents US-based Proterra’s entry into the European truck market. Proterra’s battery technology has been proven over 17 million miles driven by its own transit vehicles and has also been chosen by other world-class commercial vehicle manufacturers to electrify delivery vans, school buses, coaches, low-floor shuttles, and construction equipment.

Proterra batteries feature passive and active safety features, liquid thermal conditioning, and adheres to state-of-the-art functional safety standards, including ISO 26262 (up to ASIL C). The Proterra battery is designed to deliver over 4,000 recharge cycles over 10 years, without significant degradation, to ensure the longevity of the vehicle.

Jack Allen, Proterra Chief Executive Officer, said; «Embracing clean, quiet transportation for all not only benefits how we move people around cities and towns, but also how we provide goods and services to the communities we live in. Proterra is excited to work with Volta Trucks as we accelerate the transition to 100% clean transportation and deliver Proterra Powered clean energy vehicles to communities across Europe.»

Gareth Joyce, President of Proterra Powered and Energy, added; «Proterra and Volta Trucks share a common vision of clean, healthy communities served by zero-emission, electric vehicles. We look forward to building our relationship together as we support Volta Trucks in the development of the revolutionary Volta Zero commercial vehicle.»

Chief Executive Officer of Volta Trucks, Rob Fowler, concluded; «I’m delighted to welcome Proterra – a world-class innovative engineering partner – to the supply chain for the Volta Zero. When talking to our extensive group of customers, vehicle range is uppermost in their minds as it sits at the heart of the vehicle’s ability to deliver for them. It was therefore imperative that we work with an industry-leader to ensure the quality, longevity, and safe performance of the battery. Proterra’s cutting-edge but well-proven battery technology perfectly delivers all of this for us and our customers.»

About the Volta Zero.
The Volta Zero is the world’s first purpose-built full-electric 16-tonne vehicle designed for inner-city freight deliveries, reducing the environmental impact of freight deliveries in city centres. Designed from the ground up with an operating pure-electric range of 150 – 200 kms (95 – 125 miles), the Volta Zero will eliminate an estimated 180,000 tonnes of CO₂ by 2025.

Safety is also at the heart of Volta Trucks, with its ambition of being the safest large commercial vehicle manufacturer. The Volta Zero was designed for electric from the outset, which facilitates a step-change in vehicle, driver and pedestrian safety. Thanks to the removal of the internal combustion engine, the operator of a Volta Zero sits in a central driving position, with a much lower seat height than a conventional truck. This combination, plus a glass house-style cab design, gives the driver a wide 220-degrees of visibility, minimising dangerous blind spots.

The prototype Volta Zero was launched in September 2020, with the first vehicles expected to be operating with customers in late 2021.

About Proterra
Proterra is a leader in the design and manufacture of zero-emission electric transit vehicles and EV technology solutions for commercial applications. With industry-leading durability and energy efficiency based on rigorous U.S. independent testing, Proterra products are proudly designed, engineered and manufactured in America, with offices in Silicon Valley, South Carolina, and Los Angeles. For more information, visit: http://www.proterra.com and follow us on Twitter @Proterra_Inc.

About Volta Trucks.
Volta Trucks is a start-up full-electric goods vehicle manufacturer and services company. Volta Trucks has offices in Sweden, France and the UK and is partnering with a number of global leaders in the supply chain for the development and production of the Volta Zero.

View original content to download multimedia:http://www.prnewswire.com/news-releases/volta-trucks-selects-proterra-to-supply-the-vehicle-battery-for-the-full-electric-volta-zero-301229560.html

SOURCE Proterra