Toyota Racing Premieres ‘The Dream’

DAYTONA BEACH, Florida, Feb. 15, 2021 /PRNewswire-HISPANIC PR WIRE/ — As NASCAR  kicked off one of the biggest days of the season with the running of the 63rd Daytona 500, Toyota took a moment to encourage the youth of America to find their dream and pursue it.

<img id="prnejpg62acleft" title="Toyota Racing unveils a short film entitled, ‘The Dream.’" border="0" alt="Toyota Racing unveils a short film entitled,…

DAYTONA BEACH, Florida, Feb. 15, 2021 /PRNewswire-HISPANIC PR WIRE/ — As NASCAR  kicked off one of the biggest days of the season with the running of the 63rd Daytona 500, Toyota took a moment to encourage the youth of America to find their dream and pursue it.

Toyota Racing unveils a short film entitled, ‘The Dream.’

Yesterday, Toyota Racing unveiled a short film entitled, ‘The Dream.’ It tells a story of a young, African-American girl looking to achieve her dream of becoming a race car driver. She battles back from adversity and overcomes challenges along the way. With inspiration from the historic victory by 19-year old Gracie Trotter, who became the first female driver to win an ARCA-sanctioned race in September, and the return of Bubba Wallace to the Toyota family, our star realizes that her dream is within reach.

«To be back with Toyota this season and be a part of the Toyota Racing family means a lot to me,» said Bubba Wallace, driver of the No. 23 DoorDash Toyota Camry for 23XI Racing. «What they do on the track is top notch, but it goes beyond the track too. It’s really cool to be a part of things like ‘The Dream’ and their initiatives off the track that align with my own beliefs and how I want to influence the next generation. ‘The Dream’ show others, no matter the circumstances or who you are, to keep fighting and follow your dreams. It may not always be easy, but it will be worth it. It’s a pretty special piece. It’s inspiring, emotional and something that I’m proud to be a part of.»

Toyota has a long history of diversity in motorsports and continues to support several drivers of various ethnicities across all of our motorsports platforms. J.R. Todd, Antron Brown and Alexis DeJoria have established many firsts in motorsports as they all compete for Toyota in the NHRA Drag Racing Series. Jhonnattan Castro and Ken Gushi compete in Formula DRIFT while Trotter and Kaylee Bryson are working their way through the TRD (Toyota Racing Development) driver development ranks in ARCA, late models and USAC racing events.

«Toyota’s commitment to diversity in motorsports aligns with our overall corporate commitment of respect for people,» said Paul Doleshal, group manager of motorsports and assets for Toyota Motor North America. «This film is something we’re all extremely proud of and is a small reminder for everyone to find their dream and pursue it regardless of the challenges that might be in their path. We will continue to look for ways to bring this film to life and help to encourage young people to pursue their passions, especially if that leads them to this great world of motorsports.»

The complete short film was produced in collaboration with whatnot Films out of Charlotte, N.C. and will reside on the Toyota Racing social channels of Twitter and Facebook along with YouTube. A special 60-second condensed version was featured on Fox during the Daytona 500 broadcast.

A link to the full film can be found here: https://youtu.be/wI_QIPRkBBs

About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. 

Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S. The company has contributed world-class design, engineering, and assembly of more than 30 million cars and trucks at our 9 manufacturing plants, 10 including our joint venture in Alabama that begins production in 2021.

To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.toyotanewsroom.com.

Media Contacts:
Sam Mahoney
980-900-8573
samuel.mahoney@toyota.com 

Lisa Hughes Kennedy, Golin for Toyota Racing
704-902-6476
lhugheskennedy@golin.com 

Cody Poor, Golin for Toyota Racing
323-578-7159
cpoor@golin.com 

Photo – https://mma.prnewswire.com/media/1438484/Toyota_Racing_The_Dream.jpg

SOURCE Toyota Racing

Toyota Racing Premieres ‘The Dream’

DAYTONA BEACH, Fla., Feb. 15, 2021 /PRNewswire/ — As NASCAR  kicked off one of the biggest days of the season with the running of the 63rd Daytona 500, Toyota took a moment to encourage the youth of America to find their dream and pursue it.

DAYTONA BEACH, Fla., Feb. 15, 2021 /PRNewswire/ — As NASCAR  kicked off one of the biggest days of the season with the running of the 63rd Daytona 500, Toyota took a moment to encourage the youth of America to find their dream and pursue it.

Yesterday, Toyota Racing unveiled a short film entitled, ‘The Dream.’ It tells a story of a young, African-American girl looking to achieve her dream of becoming a race car driver. She battles back from adversity and overcomes challenges along the way. With inspiration from the historic victory by 19-year old Gracie Trotter, who became the first female driver to win an ARCA-sanctioned race in September, and the return of Bubba Wallace to the Toyota family, our star realizes that her dream is within reach.

«To be back with Toyota this season and be a part of the Toyota Racing family means a lot to me,» said Bubba Wallace, driver of the No. 23 DoorDash Toyota Camry for 23XI Racing. «What they do on the track is top notch, but it goes beyond the track too. It’s really cool to be a part of things like ‘The Dream’ and their initiatives off the track that align with my own beliefs and how I want to influence the next generation. ‘The Dream’ show others, no matter the circumstances or who you are, to keep fighting and follow your dreams. It may not always be easy, but it will be worth it. It’s a pretty special piece. It’s inspiring, emotional and something that I’m proud to be a part of.»

Toyota has a long history of diversity in motorsports and continues to support several drivers of various ethnicities across all of our motorsports platforms. J.R. Todd, Antron Brown and Alexis DeJoria have established many firsts in motorsports as they all compete for Toyota in the NHRA Drag Racing Series. Jhonnattan Castro and Ken Gushi compete in Formula DRIFT while Trotter and Kaylee Bryson are working their way through the TRD (Toyota Racing Development) driver development ranks in ARCA, late models and USAC racing events.

«Toyota’s commitment to diversity in motorsports aligns with our overall corporate commitment of respect for people,» said Paul Doleshal, group manager of motorsports and assets for Toyota Motor North America. «This film is something we’re all extremely proud of and is a small reminder for everyone to find their dream and pursue it regardless of the challenges that might be in their path. We will continue to look for ways to bring this film to life and help to encourage young people to pursue their passions, especially if that leads them to this great world of motorsports.»

The complete short film was produced in collaboration with whatnot Films out of Charlotte, N.C. and will reside on the Toyota Racing social channels of Twitter and Facebook along with YouTube. A special 60-second condensed version was featured on Fox during the Daytona 500 broadcast.

A link to the full film can be found here: https://youtu.be/wI_QIPRkBBs

About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. 

Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S. The company has contributed world-class design, engineering, and assembly of more than 30 million cars and trucks at our 9 manufacturing plants, 10 including our joint venture in Alabama that begins production in 2021.

To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.toyotanewsroom.com.

Media Contacts:
Sam Mahoney
980-900-8573
samuel.mahoney@toyota.com 

Lisa Hughes Kennedy, Golin for Toyota Racing
704-902-6476
lhugheskennedy@golin.com 

Cody Poor, Golin for Toyota Racing
323-578-7159
cpoor@golin.com 

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SOURCE Toyota Racing

Footwear Brands Using BLOOM™ Sustainable Materials Sets Record For Cleaning Air And Water

MERIDIAN, Miss., Feb. 15, 2021 /PRNewswire/ — Algix, a green-technology and parent company of the BLOOM™ brand, today released the results of their record setting year. In 2020, 303,941,629 liters of water were cleaned and returned to the environment, 190,454,484 cubic meters of air cleaned of CO2 from the atmosphere and 138,877 kilograms of CO2 sequestered. The BLOOM Certified Eco Facts communicate the benefits of using BLOOM materials in terms of climate change, water and energy usage, human…

MERIDIAN, Miss., Feb. 15, 2021 /PRNewswire/ — Algix, a green-technology and parent company of the BLOOM™ brand, today released the results of their record setting year. In 2020, 303,941,629 liters of water were cleaned and returned to the environment, 190,454,484 cubic meters of air cleaned of CO2 from the atmosphere and 138,877 kilograms of CO2 sequestered. The BLOOM Certified Eco Facts communicate the benefits of using BLOOM materials in terms of climate change, water and energy usage, human health, and ecosystem impacts.

Products containing BLOOM help clean polluted water and capture carbon to lower the product’s environmental footprint.

More than 100 customers now use BLOOM to meet their sustainability goals. Traditional resins combined with BLOOM materials use algae to transform air and water pollution into a replacement for plastics in consumer products.

«Our customers appreciate our fully transparent methodology and life cycle assessment to help brands and consumers understand the impact of using algae from cleaning water,» said Algix Co-Founder, Ryan Hunt. «Our customers, like Levi’s®, view BLOOM as a partner in helping them meeting performance requirements and sustainability impact.»

«At Levi’s, sustainability is woven in everything we do and that includes footwear. Our collaboration with BLOOM gives us the opportunity to address two of our priorities: keep the water clean and reduce the consumption of oil-based materials,» according to Levi’s. 

«Our BLOOM partnership is another step forward in our commitment to finding new ways to reduce our footprint,» said Katie Pruitt, director of product at Sanuk. «By using BLOOM in our upcoming Sanuk X Grateful Dead collection, it has allowed us to help restore freshwater ecosystems by cleaning 940,000 liters of water.»

Every product containing BLOOM helps clean polluted water and captures carbon to lower the product’s environmental footprint. BLOOM works with government organizations and private companies to clean air and water pollution by using algae harvested from lakes and water treatment systems.

Brands that adopt BLOOM support lake restoration and environmental protection projects that have significant impact.

Eco-Facts by the Numbers:

2020:

  • 303,941,629 Liters
  • 190,454,484 Cubic Meters of Air
  • 138,877 kilograms of CO2 eq offset.

TOTAL 2017-2020:

  • 745,755,453 Liters
  • 467,301,798 Cubic Meters of Air
  • 340,750 kilograms of CO2 eq offset

Algix, based in Meridian, Mississippi, transforms air and water pollution into sustainable ingredients for consumer products. For more information on Algix and BLOOM products please visit www.BloomTreadWell.com and follow @bloomfoam.

CONTACT: JON VAN DRUNEN
PHONE: (706) 207-4772
EMAIL: J.VANDRUNEN@BLOOMFOAM.COM 

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SOURCE BLOOM

Georgia Power responding as Winter Storm Uri moves across the Southeast

ATLANTA, Feb. 15, 2021 /PRNewswire/ — As winter storm Uri moves across the Southeast, the Georgia Power Storm Center is monitoring the changing weather conditions and is prepared to respond to any service interruptions as quickly and safely as possible. Since most of the extreme winter weather is expected further west, company crews are pre-staging to support our sister companies’ restoration efforts across the Southern Company system while maintaining coverage for our customers in case of…

ATLANTA, Feb. 15, 2021 /PRNewswire/ — As winter storm Uri moves across the Southeast, the Georgia Power Storm Center is monitoring the changing weather conditions and is prepared to respond to any service interruptions as quickly and safely as possible. Since most of the extreme winter weather is expected further west, company crews are pre-staging to support our sister companies’ restoration efforts across the Southern Company system while maintaining coverage for our customers in case of any service disruptions.

Georgia Power reminds customers to keep safety first during predicted winter weather and offers the following tools to stay connected and informed.

Tools You Can Use to Prepare for Severe Weather Year-round

  • @GeorgiaPower on Twitter – Follow @GeorgiaPower on Twitter for storm tips, outage updates and more.
  • Outage Alerts – Subscribe to the free Georgia Power Outage Alert service to receive personalized notifications and updates via text message.
  • Outage & Storm Center – Available at www.georgiapower.com/WinterPrep, customers can visit this site to sign up for Outage Alerts, report and check the status of outages, and access useful safety tips and information. Customers can report and check the status of an outage 24 hours a day by contacting Georgia Power at 888-891-0938. 
  • Outage Map – Housed within the Outage & Storm Center, Georgia Power’s interactive Outage Map provides near real-time information, allowing users to see where outages are occurring across the state and track estimated restoration times.
  • Georgia Power Mobile App – Download the Georgia Power mobile app for Apple and Android devices to access storm and outage information on the go.
  • Emergency Plan and Kit – Visit the Georgia Power storm page for information on how to build a family emergency plan and emergency supply kit. 

Mutual Assistance Network
Georgia Power continues monitoring the changing weather around the clock and coordinates with other utilities through the mutual assistance network. The network consists of hundreds of utilities from around the country. As part of this partnership, Georgia Power is able to respond and offer assistance, providing reinforcements when needed to restore power quickly for other utilities. The company is also able to request additional resources to help restore power to Georgia Power customers following a major storm.

Georgia Power constantly monitors changing weather conditions and remains prepared to respond to any service interruptions that might occur because of severe weather. Customers can subscribe to Georgia Power’s YouTube Storm Channel for the latest safety videos and can connect with Georgia Power on Facebook and Twitter for helpful information and restoration updates during severe weather.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America’s premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the Company’s promise to 2.6 million customers in all but four of Georgia’s 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the Company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the Company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

 

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SOURCE Georgia Power

San Diego’s Historic Balboa Park Awarded LEED for Communities Certification

SAN DIEGO, Feb. 15, 2021 /PRNewswire-PRWeb/ — The Balboa Park Cultural Partnership announced today that San Diego’s famous Balboa Park has achieved a LEED for Cities and Communities certification. LEED, or Leadership in Energy and Environmental Design, was created by the U.S. Green Building Council (USGBC) and is the world’s most widely used green building rating system. The certification of Balboa Park marks the first time a cultural district and historic landmark…

SAN DIEGO, Feb. 15, 2021 /PRNewswire-PRWeb/ — The Balboa Park Cultural Partnership announced today that San Diego’s famous Balboa Park has achieved a LEED for Cities and Communities certification. LEED, or Leadership in Energy and Environmental Design, was created by the U.S. Green Building Council (USGBC) and is the world’s most widely used green building rating system. The certification of Balboa Park marks the first time a cultural district and historic landmark has achieved such a designation. The park joins a network of more than 115 LEED certified cities and communities worldwide.

The achievement is the culmination of more than a decade of collaboration between the City of San Diego, nonprofit venues in Balboa Park, and partners such as San Diego Gas and Electric (SDG&E) that led to a number of major improvements including reduced energy use, water conservation, and waste diversion park-wide. The effect of these efforts are long-lasting improvements that not only support the city’s climate action goals, they improve the quality of life for all San Diegans.

Mahesh Ramanujam, President and CEO of USGBC, described the purpose of the certification and said, «USGBC created LEED for Communities and Cities to help improve the living standard for all, and to ensure every citizen in a city or community has access to healthy, sustainable, resilient, and equitable space.»

Proud of the city’s role in the certification, San Diego Mayor Todd Gloria said «Working together we’ve made sustainability part of the culture here in Balboa Park. Certification as a LEED community demonstrates that Balboa Park can be a catalyst for energy savings and other sustainability goals throughout the rest of the city.»

City Councilmember Stephen Whitburn, representative for District 3 that includes Balboa Park, added «Balboa Park is an important resource for all of our residents. And as our city’s crown jewel I’m proud to see Balboa Park become the first National Historic Landmark District to achieve a LEED for Communities and Cities certification.»

Among the park’s collaborators, SDG&E in particular has made a significant impact as both the founding partner for the park’s Sustainability Program, as well as the primary financial sponsor. The generosity of SDG&E enabled the creation of a small team in the park to identify and guide infrastructure and process improvement projects that helped Balboa Park become as green as possible.

«12 years ago SDG&E became a founding partner for the Balboa Park Sustainability Program,» said Estela de Llanos, Vice President, Clean Transportation, Sustainability and Chief Environmental Officer, San Diego Gas & Electric. «Today we could not be prouder of everything the program has accomplished. The lasting changes it has made to improve water and energy efficiency are remarkable.»

From the perspective of the nonprofits in Balboa Park, beyond being good for the environment projects such as conversions to LED lighting, installation of solar arrays, updating heating and cooling systems, and retrofitting bathrooms to low-flow fixtures ensure important savings in utility costs that will continue over time.

Peter Comiskey from the Balboa Park Cultural Partnership warmly shared «Recognition and thanks must go to the team from the Balboa Park Cultural Partnership Sustainability Program and the San Diego Green Building Council staff and volunteers. Without their efforts, this certification would not have occurred.»

For more information about Balboa Park’s sustainability efforts, visit: https://bpcp.org/sustainability/

or, watch videos about a variety of projects at Balboa Park TV on YouTube:
https://www.youtube.com/playlist?list=PLjobry_hHqjLlORWEqGCbslD3tAsfla1y

About Balboa Park
Located near downtown San Diego, Balboa Park is the largest urban cultural park in the United States. First established by the City of San Diego in 1868, it is also one of the oldest city parks in the nation and is the most visited single destination in San Diego. Its 1,200 acres include 17 museums, many gardens and attractions, the San Diego Zoo, 65 miles of hiking trails, and multiple athletic complexes to explore and discover. For more information, visit http://www.balboapark.org.

About the U.S. Green Building Council
The U.S. Green Building Council (USGBC) is committed to a prosperous and sustainable future through cost-efficient and energy-saving green buildings. USGBC works toward its mission of market transformation through its LEED green building program, robust educational offerings, an international network of local community leaders, the annual Greenbuild International Conference & Expo, the Center for Green Schools and advocacy in support of public policy that encourages and enables green buildings and communities. For more information, visit http://www.usgbc.org and connect on Twitter, Facebook and LinkedIn.

Media Contact

Michael Warburton, Balboa Park Cultural Partnership, 6198504677, michael.warburton@bpcp.org

 

SOURCE Balboa Park Cultural Partnership

Appalachian Power Seeks Renewable Energy Projects With Option For Battery Storage

ROANOKE, Va., Feb. 15, 2021 /PRNewswire/ — Appalachian Power today issued a Request for Proposals (RFPs) for up to 300 megawatts (MWs) of solar and/or wind generation resources. The request for bids is the first in a series of RFPs Appalachian Power will issue this year to comply with provisions of the Virginia Clean Economy Act (VCEA).  

Under the VCEA, Appalachian Power must meet annual targets as it works toward 100 percent carbon-free energy in its <span…

ROANOKE, Va., Feb. 15, 2021 /PRNewswire/ — Appalachian Power today issued a Request for Proposals (RFPs) for up to 300 megawatts (MWs) of solar and/or wind generation resources. The request for bids is the first in a series of RFPs Appalachian Power will issue this year to comply with provisions of the Virginia Clean Economy Act (VCEA).  

Under the VCEA, Appalachian Power must meet annual targets as it works toward 100 percent carbon-free energy in its Virginia service territory by 2050. The company is seeking facilities that are at least 50 MW in size and commercially operational by mid-December 2023, although proposals with an operational date of no later than Dec. 15, 2024 will be considered. Bidders may also include proposals with an option for a battery storage system.

«This is Appalachian Power’s largest request yet in a single year for renewable energy bids,» said Chris Beam, Appalachian Power president and chief operating officer. «We look forward to reviewing the proposals and issuing more requests for bids later this year as we expand our portfolio and reliance on clean energy.»

Under the RFP, Appalachian Power may acquire a single or multiple solar and/or wind facilities from winning bidders who meet certain economic and operational criteria. Proposals that qualify for federal tax credits are preferred, but not required.  

To qualify for consideration, solar projects must be located in Virginia. Wind projects located in Virginia are preferred, but not required. All projects must be interconnected to PJM, the independent regional transmission organization that manages the electric grid in 13 states, including Virginia.

Businesses seeking to submit a proposal can access criteria, required forms, and other specifics online at www.appalachianpower.com/go/rfp. Proposals must be submitted by March 31, 2021. Any project selected by Appalachian Power through the RFP process is conditional upon and subject to approval by the required regulatory authorities.

Appalachian Power is a leader in renewable energy, producing approximately 1,900 Gigawatt- hours of energy annually from wind- and hydro-power.

Appalachian Power has 1 million customers in Virginia, West Virginia and Tennessee (as AEP Appalachian Power). It is part of American Electric Power, which is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions. AEP’s more than 17,000 employees operate and maintain the nation’s largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million customers in 11 states. AEP is also one of the nation’s largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including 4,300 megawatts of renewable energy.

(PRNewsfoto/American Electric Power)

 

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SOURCE Appalachian Power

Global Wind Turbine Operations and Maintenance Industry (2020 to 2027) – Market Trends and Drivers

DUBLIN, Feb. 15, 2021 /PRNewswire/ — The «Wind Turbine Operations and Maintenance – Global Market Trajectory & Analytics» report has been added to…

DUBLIN, Feb. 15, 2021 /PRNewswire/ — The «Wind Turbine Operations and Maintenance – Global Market Trajectory & Analytics» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

The publisher brings years of research experience to the 9th edition of this report. The 136-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Wind Turbine Operations and Maintenance Market to Reach $27.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Wind Turbine Operations and Maintenance estimated at US$17.9 Billion in the year 2020, is projected to reach a revised size of US$27.6 Billion by 2027, growing at a CAGR of 6.4% over the period 2020-2027.

Onshore Wind Turbine O&M, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$22.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Offshore Wind Turbine O&M segment is readjusted to a revised 17.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 6% CAGR

The Wind Turbine Operations and Maintenance market in the U.S. is estimated at US$5.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Competitors identified in this market include, among others:

  • B9 Energy Group
  • GE Power
  • Nordex SE
  • One Wind
  • Siemens AG
  • Siemens Gamesa Renewable Energy, S. A.
  • Suzlon Energy Ltd.
  • Vestas Wind Systems A/S
  • Wind Prospect Pty Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Wind Turbine Operations and Maintenance Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 52

For more information about this report visit https://www.researchandmarkets.com/r/cv5j7b

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: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

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SOURCE Research and Markets

Fourth Wave Energy Inc. Strengthens Balance Sheet with Elimination of multiple Convertible Secured Note Agreements

SAN JOSE, Calif., Feb. 15, 2021 /PRNewswire/ — Fourth Wave Energy Inc. (OTCQB: FWAV) («Fourth Wave» or the «Company»), a company focused on providing renewable energy solutions, announced today that the Company has settled four Convertible Secured Note Agreements on its balance sheet. The elimination of the remaining balance is expected in Q1.  This removes future conversions under the Notes and removes derivative (toxic) debt from the Company’s Balance Sheet.

«We are committed to increasing shareholder value and executing…

SAN JOSE, Calif., Feb. 15, 2021 /PRNewswire/ — Fourth Wave Energy Inc. (OTCQB: FWAV) («Fourth Wave» or the «Company»), a company focused on providing renewable energy solutions, announced today that the Company has settled four Convertible Secured Note Agreements on its balance sheet. The elimination of the remaining balance is expected in Q1.  This removes future conversions under the Notes and removes derivative (toxic) debt from the Company’s Balance Sheet.

«We are committed to increasing shareholder value and executing on closing the Delsol power tile Acquisition in Q1. Paying off the external debt will significantly improve our balance sheet and position the Company to meet the requirements for uplisting to a national exchange. With the removal of the external debt, we are poised to access future opportunities and drive additional growth in alternative energy and solar centric solutions in 2021,» commented Joe Isaacs CEO.

As the Company continues to improve its balance sheet and raise capital, it  intends to expand quickly via future acquisitions in the solar and renewable energy sector that meet our criteria of having a historical revenue base and operational profitability. This will expand our solar footprint in the residential and small commercial markets exponentially.

The solar energy market is experiencing exponential growing demand and is expected to reach $223 billion by 2026. It is estimated that less than 4% of the residential solar addressable market in the domestic U.S. market currently has a solar system installed. In the past few years, the cost of residential rooftop solar has dramatically decreased giving homeowners who wish to be sustainable and to decrease their reliance on the existing domestic energy infrastructure an economic benefit that makes sense. With its initial focus in solar energy, the Company is building a foundation for future expansion opportunities including energy storage, charge points for electric vehicles and solar as a subscription.

Safe Harbor Statement

This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward looking statements include: our inability to obtain additional financing on acceptable terms; risk that our products and services will not gain widespread market acceptance; inability to compete with others who provide comparable products; the failure of our technology; the infringement of our technology with proprietary rights of third parties; and inability to respond to consumer demands; Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this press release, the words «believe,» «expect,» «anticipate,» «estimate,» «project,» «plan,» «should,» «intend,» «may,» «will,» «would,» «potential,» and similar expressions may be used to identify forward-looking statements. 

Investor Contact:

Fourth Wave Energy
Phone: 408-213-8874
www.fourthwaveenergy.com
Email: info@fourthwaveenergy.com

 

 

 

 

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SOURCE Fourth Wave Energy, Inc.

Georgia Power and the Atlanta Airlines Terminal Company announce $100 million investment in Hartsfield-Jackson Atlanta International Airport infrastructure

ATLANTA, Feb. 15, 2021 /PRNewswire/ — Georgia Power and the Atlanta Airlines Terminal Company (AATC) today announced an approximately $100 million investment in Hartsfield-Jackson Atlanta International Airport’s infrastructure to help ensure the highest reliability with the most resilient power system for the world’s busiest airport.

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ATLANTA, Feb. 15, 2021 /PRNewswire/ — Georgia Power and the Atlanta Airlines Terminal Company (AATC) today announced an approximately $100 million investment in Hartsfield-Jackson Atlanta International Airport’s infrastructure to help ensure the highest reliability with the most resilient power system for the world’s busiest airport.

Through the long-term investment, Georgia Power and AATC will provide all terminals and concourses at the Airport with permanent back-up power generation service. The approximately $100 million investment includes both the cost of the new power generator system as well as the installation. Georgia Power is providing the infrastructure and AATC will pay for the back-up generation services provided.

«We are dedicated to ensuring we provide safe, reliable energy for the long-term needs of Hartsfield-Jackson Atlanta International Airport as it continues to grow with our city and our state,» said Paul Bowers, chairman and CEO of Georgia Power. «We are working hand in hand with our partners at the Atlanta Airlines Terminal Company and the City of Atlanta to invest in the airport’s power infrastructure to help ensure the highest reliability for our customers today and their future growth.»

Georgia Power will partner with AATC to operate and maintain the generator systems, which represent state-of-the-art energy infrastructure provided by another Southern Company subsidiary, PowerSecure. The new power back-up system will be installed over the next two years and will replace the Airport’s current back-up system.

«Atlanta Airlines Terminal Company, the City of Atlanta and Georgia Power have all been working together as one team to help ensure that our passengers who travel daily through Hartsfield-Jackson Atlanta International Airport continue to have a safe, world-class experience,» said Dr. Kofi Smith, CEO of AATC. «Our long-term investment in the airport will help continue to position Atlanta at the forefront of commercial air travel serving passengers from our region, the country and across the globe.»

The investment is made possible through a three-way agreement in which the City of Atlanta recognizes AATC’s and Georgia Power’s joint plans to upgrade the Airport’s utility infrastructure.

«This investment will not only benefit the City of Atlanta for the long term, but will help ensure Hartsfield-Jackson Atlanta International Airport continues to serve passengers safely and reliably as the world’s busiest airport,» said John Selden, general manager of Hartsfield-Jackson Atlanta International Airport.

About Georgia Power 
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America’s premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the Company’s promise to 2.6 million customers in all but four of Georgia’s 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the Company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the Company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this release is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning the planned infrastructure investment and the expected benefits thereof. Georgia Power cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Georgia Power; accordingly, there can be no assurance that such suggested results will be realized. The following factors, in addition to those discussed in Georgia Power’s Annual Report on Form 10-K for the year ended December 31, 2019, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020, and September 30, 2020, and subsequent securities filings, could cause actual results to differ materially from management expectations as suggested by such forward-looking information: the potential effects of the continued COVID-19 pandemic, including, but not limited to, extended disruptions to supply chains and further reduced labor availability and productivity, which could have a variety of adverse impacts, including a negative impact on the ability to develop, construct, and operate facilities; the ability to control costs and avoid cost and schedule overruns during the development, construction, and operation of facilities or other projects; the ability to construct facilities in accordance with the requirements of permits and licenses and to integrate facilities into the Southern Company system upon completion of construction; the ability of counterparties of Georgia Power to perform as required; the direct or indirect effect on Georgia Power’s business resulting from cyber intrusion or physical attack and the threat of physical attacks; and catastrophic events such as fires, earthquakes, explosions, floods, tornadoes, hurricanes and other storms, droughts, pandemic health events or other similar occurrences. Georgia Power expressly disclaims any obligation to update any forward–looking information.

 

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SOURCE Georgia Power

Agreement Between Maire Tecnimont Group and Essential Energy USA Corp for a New Renewable Diesel Biorefinery in South America

MILAN, Feb. 15, 2021 /PRNewswire/ — Maire Tecnimont S.p.A., through its subsidiary NextChem and Essential Energy USA Corp. today have executed a Front-End Engineering Design contract as well as a Memorandum of Understanding for the construction of a new biorefinery in South America for the production of Renewable Diesel. Essential Energy USA Corp is one of the leading…

MILAN, Feb. 15, 2021 /PRNewswire/ — Maire Tecnimont S.p.A., through its subsidiary NextChem and Essential Energy USA Corp. today have executed a Front-End Engineering Design contract as well as a Memorandum of Understanding for the construction of a new biorefinery in South America for the production of Renewable Diesel. Essential Energy USA Corp is one of the leading biofuels producers in South America.

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Subject to the client’s Final Investment Decision, the biorefinery will produce 200,000 tpy (tons per year) of High-Quality Renewable Diesel from advanced bio-feedstocks non in competition with food. NextChem will be the exclusive EPC contractor. The project is expected to be operational in 2023.

The biorefinery will transform natural oil, waste vegetables oils and tallow into HVO (Hydrogenated Vegetable Oils) also known in the market as Renewable Diesel. The Renewable Diesel is a fuel which is chemically identical to petroleum-based diesel with the advantage of improved performance. It is used worldwide as a drop-in biofuel in diesel vehicles with no engine modifications. Furthermore, the Renewable Diesel allows a Carbon Intensity reduction, for greenhouse gas emissions, above 80 percent compared with petroleum-based diesel.

Maire Tecnimont Group has exhaustive experience in EPC contracting in Energy Services including in South America. Additionally, NextChem has been active in energy transition projects with a focus on deploying solutions in carbon footprint reduction, through the development of new technologies for the production of biofuels and biochemicals from biobased feedstock and circular chemicals from waste.

Pierroberto Folgiero, Maire Tecnimont Group and NextChem Chief Executive Officer, commented: «Our business in the biofuels sector and in particular on the Renewable Diesel segment is gradually growing and South America is a very interesting area for us. Low carbon mandates in North America and Europe will drive strong demand and premium pricing: this, together with the availability of proven technologies and solid EPC capabilities opens a path of market success for such investments. We are proud to be the partner of a sector- leader company such as Essential Energy USA Corp. in this world scale industrial initiative which enhances the EPC capabilities of Maire Tecnimont Group in green chemistry and the biofuels market.» 

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SOURCE NextChem