Worldwide Green Technology & Sustainability Industry to 2025 – Reduction in Recycling due to COVID-19

DUBLIN, Jan. 19, 2021 /PRNewswire/ — The «Global Green Technology & Sustainability Market by Technology (IoT, AI & Analytics, Digital Twin, Cloud Computing), Application (Green Building, Carbon Footprint Management, Weather Monitoring & Forecasting), Component, and Region – Forecast to 2025» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

The Global Green Technology & Sustainability Market is projected to grow from USD 11.2 billion in 2020 to USD 36.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast period.

The increasing awareness related to environmental concerns and the growing consumer and industrial interest for the use of clean energy resources are driving the adoption of green technology and sustainability solutions and services in the market.

The airborne communication segment to hold a larger market size during the forecast period

The communication type segment comprises airborne, air-ground, underwater, ground-based, and shipborne communications. The airborne communication segment is expected to hold a larger market share during the forecast period. The key trend contributing to this market growth is the increased focus and investment to enhance the capabilities of air forces. Several countries, such as the US, the UK, Russia, Israel, India, Japan, Singapore, and China, have increased their spending to strengthen their air forces, which is expected to enhance the expenditure on airborne communications. The underwater communications segment is projected to grow at the highest CAGR during the forecast period.

The services segment is expected to grow at the highest CAGR during the forecast period

The component segment comprises solution and services. The overall services segment has a major influence on the green technology and sustainability market. These services help lower operational costs, increase the overall revenue, and improve business productivity and performance. The solution segment is estimated to account for a larger market size during the forecast period.

The blockchain segment is estimated to grow at the highest CAGR during the forecast period

The green technology and sustainability market by technology has been segmented into IoT, AI and analytics, digital twin, cloud computing, security, and blockchain. Various startups are already using blockchain as a tool to make energy grids more accessible and sustainable by promoting data sharing in real time. Energy-intensive cryptocurrency mining has caused a spike in carbon emission, and hence blockchain is capable of driving innovation in the field of green technology. The cloud computing technology segment is expected to have the largest market size during the forecast period. This growth can be attributed to the benefits of the cloud to provide real-time remote access to data through sensors, satellite images, and weather.

The crop monitoring segment is expected to grow at the highest CAGR during the forecast period

The green technology and sustainability market by applications has been segmented into carbon footprint management, green building, water purification, water leak detection, fire detection, soil condition/moisture monitoring, crop monitoring, forest monitoring, weather monitoring and forecasting, air and water pollution monitoring, and sustainable mining and exploration. The green building segment is projected to account for the largest market during the forecast period. Technologies, such as AI and analytics, IoT, predictive maintenance, and blockchain, find multiple use cases in this application and have the potential to change how buildings are designed, built, and managed. The crop monitoring segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing need to remotely monitor the health and condition of crops and enable farmers to implement timely interventions that ensure optimal yields at the end of the season.

Asia-Pacific to grow at the highest CAGR during the forecast period

The green technology and sustainability market has been segmented into five regions: North America, Europe, APAC, MEA, and Latin America. North America is projected to account for the largest market size by 2020, majorly due to the broad base of green technology and sustainability vendors in the region. Vendors are focused on R&D and integration of advanced technologies to serve the challenge of climate change and the increasing levels of emissions, pollution, and waste. The APAC is expected to be a favorable market for investments and has the highest CAGR during the forecast period. This growth can be attributed to the focus of developing countries, such as China, India, and Singapore, on the integration of advanced technologies to enhance business processes.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in Green Technology and Sustainability Market
4.2 Market, by Technology
4.3 Market, by Region
4.4 Market in North America, Top Three Technologies and Applications

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Environmental Awareness and Concerns
5.2.1.2 Increasing Use of RFID Sensors Across Industries
5.2.1.3 Increasing Consumer and Industrial Interest for Use of Clean Energy Resources to Conserve Environment
5.2.2 Restraints
5.2.2.1 High Product Cost Associated with Green Technology Solutions
5.2.3 Opportunities
5.2.3.1 Initiatives to Tackle Climate Change and Air Pollution
5.2.3.2 Modernization of IT and Telecom Infrastructure for Low Carbon Emission
5.2.4 Challenges
5.2.4.1 Lack of Tailored Solutions to Address Unique Environmental Issues
5.2.4.2 Lack of Regulations for Green Technology
5.2.4.3 Reduction in Recycling due to COVID-19
5.2.5 Cumulative Growth Analysis
5.3 Case Study Analysis
5.3.1 Case 1: CPS Energy Deployed Enviance System to Enhance Automation of Emissions Reporting Process
5.3.2 Case 2: Arizona State Government Deployed a Smart Solution to Improve Water Infrastructure
5.3.3 Case 3: GE Helps Bord Gais Energy in Keeping Continuous Operations and Reducing Unplanned Downtime
5.3.4 Case 4: Enviance System Managed and Store Data Making It Easy for Koch Fertilizer to Centralize Documentations and Faster Deployment of New Internal Programs
5.3.5 Case 5: Mumbai-Based Palava City to Control Air Quality Using Oizom’s Real-Time Emission Monitoring Solution’s
5.3.6 Case 6: Global Clothing Company Leverages Data for Sustainability Insights
5.4 Sustainable Development Best Practices
5.4.1 Green Building
5.4.2 Conservation Agriculture
5.4.3 Leadership in Energy and Environmental Design
5.4.4 Green Mining
5.5 Value Chain Analysis
5.6 Ecosystem
5.7 Pricing Analysis
5.8 COVID-19 Impact

6 Green Technology and Sustainability Market, by Component
6.1 Introduction
6.1.1 Components: Market Drivers
6.1.2 Components: COVID-19 Impact
6.2 Solution
6.3 Services
6.3.1 Consulting
6.3.2 Support and Maintenance
6.3.3 Integration and Deployment

7 Green Technology and Sustainability Market, by Technology
7.1 Introduction
7.1.1 Technologies: Market Drivers
7.1.2 Technologies: COVID-19 Impact
7.2 Internet of Things
7.3 Artificial Intelligence and Analytics
7.4 Digital Twin
7.5 Cloud Computing
7.6 Security
7.7 Blockchain

8 Green Technology and Sustainability Market, by Application
8.1 Introduction
8.1.1 Applications: Market Drivers
8.1.2 Applications: COVID-19 Impact
8.2 Carbon Footprint Management
8.3 Green Building
8.4 Water Purification
8.5 Water Leak Detection
8.6 Fire Detection
8.7 Soil Condition/Moisture Monitoring
8.8 Crop Monitoring
8.9 Forest Monitoring
8.10 Weather Monitoring and Forecasting
8.11 Air and Water Pollution Monitoring
8.12 Sustainable Mining and Exploration

9 Green Technology and Sustainability Market, by Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia-Pacific
9.5 Middle East and Africa
9.6 Latin America

10 Competitive Landscape
10.1 Introduction
10.2 Market Evaluation Framework
10.3 Market Share of Top Market Players
10.4 Historical Revenue Analysis of Top Market Players
10.5 Ranking of Key Players in Market, 2020
10.6 Competitive Evaluation Quadrant, 2020
10.6.1 Star
10.6.2 Emerging Leader
10.6.3 Pervasive
10.6.4 Participant
10.7 Startup/SME Evaluation Quadrant, 2020
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks

11 Company Profiles
11.1 Introduction
11.2 GE
11.3 IBM
11.4 Enablon
11.5 Salesforce
11.6 Microsoft
11.7 Schneider Electric
11.8 Engie Impact
11.9 Intelex
11.10 Enviance
11.11 Sensus
11.12 Lo3 Energy
11.13 Isometrix
11.14 Taranis
11.15 Trace Genomics
11.16 Consensys
11.17 Cropx
11.18 Hortau
11.19 IoT Solutions and Consulting
11.20 Pycno
11.21 Minesense Technologies
11.22 Wint
11.23 Oizom
11.24 Treevia
11.25 Smap Energy
11.26 Accuvio

12 Adjacent/Related Markets

13 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/e9m4k1

Media Contact:

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

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

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

Cision View original content:http://www.prnewswire.com/news-releases/worldwide-green-technology–sustainability-industry-to-2025—reduction-in-recycling-due-to-covid-19-301210705.html

SOURCE Research and Markets

Autobus Séguin Turns to Electrification with Order of 60 Lion Electric Buses

Order for 60 LionC buses is the largest order for 100% electric school buses yet from a North American operator

SAINT-JÉRÔME, QC, Jan. 19, 2021 /PRNewswire/ – Autobus Groupe Séguin (Autobus Séguin), a transportation operator headquartered in Laval, Quebec, and Lion Electric (Lion), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced the signing of an order for the acquisition of 60 zero-emission LionC electric school buses…

Order for 60 LionC buses is the largest order for 100% electric school buses yet from a North American operator

SAINT-JÉRÔME, QC, Jan. 19, 2021 /PRNewswire/ – Autobus Groupe Séguin (Autobus Séguin), a transportation operator headquartered in Laval, Quebec, and Lion Electric (Lion), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced the signing of an order for the acquisition of 60 zero-emission LionC electric school buses over a five-year period. Autobus Séguin will integrate the all-electric buses into the company’s current fleet of vehicles, one of the largest in Quebec. This milestone order is the single largest to date in the electric school bus industry in North America. The first 10 buses will be delivered throughout the 2021 calendar year, and will be used from the start of the 2021-2022 school year, through the seven service centers operated by Autobus Séguin. Subject to continued satisfaction of certain conditions, the remaining 50 buses will be delivered through 2026.

«We are happy to continue the pioneering tradition established at Autobus Séguin by participating in this current wind of change, and by making this important shift towards the electrification of school transportation. Lion Electric, which will assist us in the transition and integration of these new buses, is an ideal partner for the success of this project. Ultimately, our ambition is to electrify our entire fleet of more than 310 school buses by 2030,» said Stéphane Boisvert, President at Autobus Groupe Séguin.

«Autobus Séguin is showing its clear leadership in migrating to electrification, and this initiative serves as proof that it is possible for fleet operators to electrify a large number of vehicles. We are happy to support the Autobus Séguin team, thus optimizing the success of the transition to emission-free school transportation, for the benefit of children’s health and safety,» said Marc Bedard, CEO and Founder of Lion Electric.

A school bus emits 23 tons of greenhouse gases (GHG) per year on average. With this initiative, 1,380 tons of GHG per year will be eliminated by Autobus Séguin.

The support program for the deployment of electric school buses in Quebec, which is part of the Government of Quebec’s Transportation Electrification Action Plan, made a significant contribution to the fulfillment of this order.

About Lion Electric

Lion Electric is an innovative manufacturer of zero-emission vehicles. The company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit and mass transit segments. Lion is a North American leader in electric transportation and designs, builds and assembles all its vehicles’ components, including chassis, battery packs, truck cabins and bus bodies.  

Always actively seeking new and reliable technologies, Lion vehicles have unique features that are specifically adapted to its users and their everyday needs. Lion believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life.

Transaction with Northern Genesis

On November 30, 2020, Lion announced that it had entered into a business combination agreement and plan of reorganization pursuant to which, subject to the satisfaction of customary closing conditions, a wholly-owned subsidiary of Lion will merge with Northern Genesis Acquisition Corp. (NYSE: NGA), a publicly traded special purpose acquisition company focused on a commitment to sustainability and strong alignment with environmental, social and governance principles. Upon completion of the transaction, Lion is expected to be listed on the New York Stock Exchange (NYSE) under the new ticker symbol «LEV».

Lion Electric, The Bright Move

Thelionelectric.com

About Autobus Groupe Séguin

Founded in 1979 by Gérald Séguin, Autobus Groupe Séguin has built an enviable reputation in the field of school and charter transportation. For more than forty years, its mission has remained that of providing a highly secure service while having at heart the satisfaction of their customers and passengers.

The fleet has nearly 310 vehicles in order to adequately serve seven school service centers, numerous private colleges, as well as a large clientele in chartered transport for extracurricular activities, sports or any other destination. Always on the lookout for new developments, members of management are actively involved in the Quebec Bus Carrier Federation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/autobus-seguin-turns-to-electrification-with-order-of-60-lion-electric-buses-301210680.html

SOURCE The Lion Electric Co.

Freedom Bank to Assist in Funding the New NOVA Technology Loan Fund

FAIRFAX, Va., Jan. 19, 2021 /PRNewswire/ — The Freedom Bank of Virginia (OTCQX: FDVA) announced today that it will assist in funding a new $50,000 revolving loan fund called the NOVA Technology Loan Fund (the Fund). The new Fund will help provide financing and technical assistance for minorities and entrepreneurs of color in the DC Region, specifically those located in Northern Virginia, who are suffering…

FAIRFAX, Va., Jan. 19, 2021 /PRNewswire/ — The Freedom Bank of Virginia (OTCQX: FDVA) announced today that it will assist in funding a new $50,000 revolving loan fund called the NOVA Technology Loan Fund (the Fund). The new Fund will help provide financing and technical assistance for minorities and entrepreneurs of color in the DC Region, specifically those located in Northern Virginia, who are suffering substantial economic injury because of the Coronavirus (COVID-19) outbreak. The Fund will be seeded by Freedom Bank and the Northern Virginia Technology Council (NVTC) and together they will seek additional funding partners. The Fund will be administered by the Community Business Partnership, Inc. (CBP).

«Freedom Bank played a huge role in the local small business community in 2020 by supporting those companies most hard hit by the COVID-19 pandemic. We provided interest and principal deferral to close to 100 clients representing $100 million in loans, originated $105 million in PPP loans for over 500 clients, and completed $75 million in loans under the Main Street Lending Program. As an extension of our commitment to helping small businesses and promoting more inclusion in the financial system, I am excited for this opportunity to direct the funds we would normally spend on a corporate holiday party and client gifts to seed the new Fund. Freedom Bank dedicated itself in 2020 to helping clients and small businesses survive the COVID-19 pandemic and to a reinvigorated commitment to diversity and inclusion initiatives. Therefore, this partnership is an ideal fit and a platform where Freedom and its program partners can make a real difference,» said Joe Thomas, President and CEO. 

Community Business Partnership (CBP) started serving business owners in 1995 by providing access to capital, incubator services, counseling, and business technical training. CBP is a 501c3 non-profit Virginia corporation based in Springfield, VA and is a federally-certified Community Development Financial Institution (CDFI) through the U.S. Treasury CDFI Fund.

NVTC is the trade association representing the Northern Virginia technology community. As one of the nation’s largest technology councils, NVTC serves companies from all sectors of the industry, from small businesses and startups to Fortune 100 technology companies, as well as service providers, academic institutions, foreign embassies, nonprofit organizations and government agencies. NVTC’s 24th annual Greater Washington Technology CFO Awards event was held virtually to recognize CFOs for outstanding contributions to their companies’ performances. The sponsors of the NVTC CFO Awards together with NVTC are donating a portion of the sponsorship dollars to the new Fund.

About Freedom Bank

Freedom Bank (OTCQX: FDVA) is a next-generation community bank, headquartered in Fairfax, Virginia, offering commercial banking, personal banking, and mortgage banking solutions using banker expertise and innovative technology to build lead relationships with clients. Focusing on businesses, real estate owners, and professionals in the Northern Virginia/DC metro area, Freedom Bank concentrates on key industry verticals to deliver unique, sector-specific solutions to help clients meet their goals and realize their dreams. Freedom Bank had total assets of $752 million on September 30, 2020 and locations in Fairfax, Vienna, Reston, Manassas and Chantilly and a mortgage division also headquartered in Chantilly. For information about Freedom Bank, visit our website at www.freedom.bank.

Contact:
Joseph J. Thomas
President & Chief Executive Officer
Phone: 703-667-4161
Email: jthomas@freedom.bank

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/freedom-bank-to-assist-in-funding-the-new-nova-technology-loan-fund-301210777.html

SOURCE Freedom Bank of Virginia

Johnson Matthey’s battery materials plant in Konin, Poland, to be 100% powered by renewable electricity

LONDON, Jan. 19, 2021 /PRNewswire/ — Johnson Matthey (JM), a leader in sustainable technologies, has confirmed that its battery cathode materials plant in Konin, Poland, will be powered solely by electricity from renewable sources from day 1 of production.  

JM has signed a contract with Axpo, a leading European producer and marketer of renewable energy which focuses on solar and wind investments. Axpo will provide renewable electricity to…

LONDON, Jan. 19, 2021 /PRNewswire/ — Johnson Matthey (JM), a leader in sustainable technologies, has confirmed that its battery cathode materials plant in Konin, Poland, will be powered solely by electricity from renewable sources from day 1 of production.  

JM has signed a contract with Axpo, a leading European producer and marketer of renewable energy which focuses on solar and wind investments. Axpo will provide renewable electricity to Johnson Matthey’s new factory in Konin that is expected to commence commissioning in 2022 to supply automotive platforms for production in 2024. Using 100% renewable energy will significantly reduce the plant’s carbon footprint and support Poland’s shift to a lower carbon economy.  

The new plant in Konin represents a major step in the commercialisation of eLNO®, JM’s family of advanced, nickel-rich cathode materials designed for PHEV/BEV automotive battery applications. With production powered 100% by renewable energy, eLNO has the strong environmental credentials that contribute to a sustainable battery value chain.

Securing 100% renewable energy from day 1 demonstrates Johnson Matthey’s commitment to sustainability both now and in the future and represents the first step in Johnson Matthey’s plan to invest in strategic partnerships to develop new long term renewable energy supply as the Battery Materials business expands its production capacity.

Christian Günther, Chief Executive, Battery Materials at JM comments: «Making battery materials is an energy intensive process. When running at target capacity, our Konin plant will significantly increase JM’s overall energy consumption, so it’s crucial that we minimise its carbon footprint from the outset to ensure a sustainable battery value chain.  Playing a big part in the future of electric vehicles isn’t enough for us – sustainability is at heart of everything we do at Johnson Matthey as we strive to make the world a cleaner, healthier place.»

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we received the London Stock Exchange’s Green Economy Mark, given to companies that derive more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 14,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. Johnson Matthey is a member of the Global Battery Alliance and supports the GBA’s ten principles for a sustainable battery value chain.   

For more information, visit www.matthey.com

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

Cision View original content:http://www.prnewswire.com/news-releases/johnson-mattheys-battery-materials-plant-in-konin-poland-to-be-100-powered-by-renewable-electricity-301210772.html

SOURCE Johnson Matthey PLC

Johnson Matthey’s battery materials plant in Konin, Poland, to be 100% powered by renewable electricity

LONDON, Jan. 19, 2021 /PRNewswire/ — Johnson Matthey (JM), a leader in sustainable technologies, has confirmed that its battery cathode materials plant in Konin, Poland, will be powered solely by electricity from renewable sources from day 1 of production.  

JM has signed a contract with Axpo, a leading European producer and marketer of renewable energy which focuses on solar and wind investments. Axpo will provide renewable electricity to…

LONDON, Jan. 19, 2021 /PRNewswire/ — Johnson Matthey (JM), a leader in sustainable technologies, has confirmed that its battery cathode materials plant in Konin, Poland, will be powered solely by electricity from renewable sources from day 1 of production.  

JM has signed a contract with Axpo, a leading European producer and marketer of renewable energy which focuses on solar and wind investments. Axpo will provide renewable electricity to Johnson Matthey’s new factory in Konin that is expected to commence commissioning in 2022 to supply automotive platforms for production in 2024. Using 100% renewable energy will significantly reduce the plant’s carbon footprint and support Poland’s shift to a lower carbon economy.  

The new plant in Konin represents a major step in the commercialisation of eLNO®, JM’s family of advanced, nickel-rich cathode materials designed for PHEV/BEV automotive battery applications. With production powered 100% by renewable energy, eLNO has the strong environmental credentials that contribute to a sustainable battery value chain.

Securing 100% renewable energy from day 1 demonstrates Johnson Matthey’s commitment to sustainability both now and in the future and represents the first step in Johnson Matthey’s plan to invest in strategic partnerships to develop new long term renewable energy supply as the Battery Materials business expands its production capacity.

Christian Günther, Chief Executive, Battery Materials at JM comments: «Making battery materials is an energy intensive process. When running at target capacity, our Konin plant will significantly increase JM’s overall energy consumption, so it’s crucial that we minimise its carbon footprint from the outset to ensure a sustainable battery value chain.  Playing a big part in the future of electric vehicles isn’t enough for us – sustainability is at heart of everything we do at Johnson Matthey as we strive to make the world a cleaner, healthier place.»

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we received the London Stock Exchange’s Green Economy Mark, given to companies that derive more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 14,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. Johnson Matthey is a member of the Global Battery Alliance and supports the GBA’s ten principles for a sustainable battery value chain.   

For more information, visit www.matthey.com

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

Cision View original content:http://www.prnewswire.com/news-releases/johnson-mattheys-battery-materials-plant-in-konin-poland-to-be-100-powered-by-renewable-electricity-301210772.html

SOURCE Johnson Matthey PLC

Keiretsu Forum’s Mid-Atlantic & South-East Regions Announce Record Breaking Angel Group Investment Year Amid A Global Pandemic

PHILADELPHIA, Jan. 19, 2021 /PRNewswire/ — Venture Capital investment set records in 2020. Early-stage investment hit a trough in Q2, but swift action by the angel community and tailwind opportunities created by COVID-19 fueled a rebound in Q3 and Q4. Locally, 2020 was a banner year for Keiretsu Forum’s Mid-Atlantic (K4-MA) and South-East (K4-SE) Regions booking record growth.

<a…

PHILADELPHIA, Jan. 19, 2021 /PRNewswire/ — Venture Capital investment set records in 2020. Early-stage investment hit a trough in Q2, but swift action by the angel community and tailwind opportunities created by COVID-19 fueled a rebound in Q3 and Q4. Locally, 2020 was a banner year for Keiretsu Forum’s Mid-Atlantic (K4-MA) and South-East (K4-SE) Regions booking record growth.

US Venture Capital investing set records in 2020, surpassing surprising performance in 2018 (Source: PitchBook Venture Monitor). Investors deployed just over $156B and liquidated over $290B in exit value, with massive exits happening in Q3 and Q4. Early-stage investments in 2020 did not see the same bounce back but did see a healthy increase in the last two quarters of the year.

The performance within K4-MA & K4-SE is not consistent with the angel investment asset class on a national level. In 2020, the two East Coast Regions received 367 unsolicited applications for funding (a 17.6% YoY increase), screened 122 companies, and presented 80* high-quality opportunities to angel group members (a 27% YoY increase).  «Our members really stepped up in 2020,» said Howard Lubert, Area President of the two Keiretsu Forum Regions, «increasing their activity in due diligence and investing, placing $9.5m in 61 companies, an increase of almost $1.5m over 2019’s record setting performance.  Members ended up funding 76% of the companies that presented in Forum which is a testament to the rigorous Keiretsu process.»  Of note, 51% of those investments were made in Life Science companies.

Deal flow growth was primarily driven by Keiretsu Forum’s swift transition to secure, online meetings and due diligence, as well as the tailwind provided to companies in the Life Science space related to resolving the global pandemic. New and existing portfolio companies were able to pivot to lead development in testing, treating, and vaccinating against COVID-19. Further fueling deal flow for Keiretsu Forum members, the first-ever multi-region, multi-day Keiretsu Forum Investor Capital Expo took place in Q4, led by Keiretsu Forum Mid-Atlantic, Northern California, and Pacific Northwest Regions. 

Thirty-six companies presented at the Expo, representing the best-of-the-best deal flow in 2020. Upon speaking to the founders and collaborating with members, investor members felt confident in closing deals. Although work will continue to be distributed virtually in the first half of 2021, there is no reason to believe that opportunities will slow down. Keiretsu Forum Mid-Atlantic believes that opportunities will continue to increase specifically in Biotech and Pharma as interest in vaccines and anti-virals remain high.  

For more information on Keiretsu Forum Mid-Atlantic or South-East, please email info@keiretsuforum.net.

*Includes companies presenting at the expanded Investor Capital Expo.

Keiretsu Forum’s Mid-Atlantic and South-East Regions are part of Keiretsu Forum, a global investment community of accredited private equity angel investors, venture capitalists, and corporate/ institutional investors. Keiretsu Forum was founded in 2000 by Randy Williams in San Francisco. Today’s Keiretsu Forum is a worldwide network of capital, resources, and deal flow with 53 chapters on 3 continents. Keiretsu Forum members invest in high-quality, diverse investment opportunities. The community is strengthened through its involvement in social and charitable activities.  For more information visit www.KeiretsuForum-MidAtlantic.com.  

Media Contact: Cindi Sutera, cindis@amscommunications.net or 610-613-2773

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/keiretsu-forums-mid-atlantic–south-east-regions-announce-record-breaking-angel-group-investment-year-amid-a-global-pandemic-301210297.html

SOURCE Keiretsu Forum Mid-Atlantic

KBR Selected as Technical Advisor for SK Hydrogen Development Project

HOUSTON, Jan. 19, 2021 /PRNewswire/ — KBR, Inc. (NYSE: KBR) announced today it has been awarded a contract to provide technical advisory solutions to SK E&S for its hydrogen development business in South Korea. SK Group announced late last year that it would invest in assets that will provide hydrogen as a next-generation eco-friendly energy source.    

HOUSTON, Jan. 19, 2021 /PRNewswire/ — KBR, Inc. (NYSE: KBR) announced today it has been awarded a contract to provide technical advisory solutions to SK E&S for its hydrogen development business in South Korea. SK Group announced late last year that it would invest in assets that will provide hydrogen as a next-generation eco-friendly energy source.    

Under the terms of the contract, KBR will provide technical solutions to support SK’s plan to build a 30,000 metric-ton-per-annum liquefied hydrogen facility and supply liquefied hydrogen to various metropolitan areas in South Korea. The initial phase of the project includes KBR reviewing key licensor technologies.

«We are delighted to be part of this strategic project and to support SK’s philosophy of sustainable growth in the hydrogen sector,» said Jay Ibrahim, KBR President, Technology Solutions. «This contract award aligns with KBR’s strategic decision to provide differentiated and sustainable solutions to our customers. As a premier provider of technologies, value added design and project integration capability, KBR will leverage its hydrogen and cryogenic domain expertise to support SK in this critical phase of the project.»

For many years, KBR has been an industry leader in energy transition, offering proprietary sustainable technologies and professional services to clients to support decarbonization. KBR has been actively involved in the hydrogen value chain as a technology provider, an advisor and provider of differentiated project delivery solutions. KBR has licensed over 260 syngas projects involving hydrogen production and has completed a large number of projects involving gas compression and cryogenic handling and storage.  

About SK E&S

SK E&S, based in Seoul, South Korea, is an affiliate of SK Group, one of the country’s top three industrial conglomerates with over $140 billion in annual global revenue and more than 100,000 employees worldwide. SK E&S has completed projects across the LNG value chain from upstream to downstream and has secured the largest city gas market share in the nation. The company is also engaging in district heating and cooling, gas-fueled electricity generation, LNG import, and renewable energy, as well as the energy solutions business. SK E&S plans to actively participate in the hydrogen business which is the core of ESG investment and is drawing attention as a next-generation energy. The company also plays a key role in the SK Hydrogen Business Development Center. It plans to become a major global eco-friendly energy company that encompasses hydrogen renewable energy solutions by expanding its business to all areas of hydrogen ecosystems, including production, distribution, and sales of hydrogen based on deep experiences from its LNG value chain.

For more information on SK E&S, visit http://www.skens.com/.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people worldwide with customers in more than 80 countries and operations in 40 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com  

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company’s control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic; the company’s ability to respond to the challenges and business disruption presented by the COVID-19 pandemic; the recent dislocation of the global energy market; the company’s ability to realize cost savings and efficiencies relating to the streamlining of its Energy Solutions business; the company’s ability to manage its liquidity; the company’s ability to continue to generate anticipated levels of revenue, profits and cash flow from operations during the COVID-19 pandemic and any resulting economic downturn; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company’s indemnities from its former parent; changes in capital spending by the company’s customers, including as a result of the COVID-19 pandemic; the company’s ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company’s ability to control its cost under its contracts; claims negotiations and contract disputes with the company’s customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/kbr-selected-as-technical-advisor-for-sk-hydrogen-development-project-301210315.html

SOURCE KBR, Inc.

Pattern Energy Closes Financing of Largest Wind & Solar Energy Fund in Japan

SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ — Pattern Energy Group LP (Pattern Energy) today announced that it has closed financing of a $515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one of its…

SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ — Pattern Energy Group LP (Pattern Energy) today announced that it has closed financing of a $515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one of its largest investors.  Investors in the fund comprise some of the largest and most respected financial institutions in Japan, including the Development Bank of Japan Inc., which will serve as the anchor investor.

The fund will invest in five renewable energy facilities that were developed, constructed and are now owned and operated by GPI, including Futtsu Solar, Kanagi Solar, Ohorayama Wind, Otsuki Wind, and Tsugaru Wind. The 122 MW Tsugaru Wind power facility is the largest operating wind farm in Japan.

«This pioneering new fund will help us expand our growth in Japan through partnering with these major Japanese institutions on some exciting new onshore and offshore wind projects,» said Mike Garland, CEO of Pattern Energy. «The strong investor demand for this new fund demonstrates both the confidence in our business model and the compelling future development opportunities in our Japanese pipeline. Together with our partner, GPI, we have built one the best development pipelines in Japan consisting of more than 2.4 gigawatts of renewable energy projects.»

Pattern Energy has seven renewable energy facilities in Japan, including five in operations and two in construction, totaling 432 MW of capacity.

About GPI
Green Power Investment Corporation (GPI) is a Japanese developer, owner and operator of renewable energy assets. The founder of GPI, Toshio Hori, was one of the earliest pioneers in renewable energy, having built some of the first large scale wind power projects in Japan, the United States and Europe. GPI is headquartered in Tokyo and has a team of more than 100 professionals covering all areas of expertise necessary to operate and manage a full-scale renewable energy business. GPI’s development portfolio totals more than 2.4 gigawatts of wind capacity, including approximately 1 GW MW of wind projects that have FiT certifications. Pattern Energy holds a majority interest in GPI.

About Pattern Energy
Pattern Energy is one of the world’s largest privately-owned developers and operators of wind, solar, transmission, and energy storage projects. Its operational portfolio includes 28 renewable energy facilities that use proven, best-in-class technology with an operating capacity of 4.4 GW in the United States, Canada and Japan. Pattern Energy is guided by a long-term commitment to serve customers, protect the environment, and strengthen communities. For more information, visit www.patternenergy.com.

Contacts:

Matt Dallas     
Pattern Energy           
917-363-1333    
matt.dallas@patternenergy.com       

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/pattern-energy-closes-financing-of-largest-wind–solar-energy-fund-in-japan-301210429.html

SOURCE Pattern Energy Group Inc.

Conor McGregor launches an innovative Sports Recovery line, TIDL Sport

EL SEGUNDO, Calif., Jan. 19, 2021 /PRNewswire/ — Despite announcing his retirement in early June 2020, Conor McGregor is back and in the best shape of his life.  McGregor has been training rigorously for the January 23rd main event at UFC 257 against Dustin Poirier, and the secret to his comeback, allowing him to perform at prime levels with more explosion and endurance than…

EL SEGUNDO, Calif., Jan. 19, 2021 /PRNewswire/ — Despite announcing his retirement in early June 2020, Conor McGregor is back and in the best shape of his life.  McGregor has been training rigorously for the January 23rd main event at UFC 257 against Dustin Poirier, and the secret to his comeback, allowing him to perform at prime levels with more explosion and endurance than ever before, is a newfound focus and passion for post-training recovery.

«I really started focusing on my health. Everyone trains hard and eats right, but what about recovery?» – Conor McGregor

«I really started focusing on my health,» says McGregor who has previously mentioned being inspired by LeBron James and the investment in taking care of his body outside of the gym. «Everyone trains hard and eats right, but what about recovery?» 

McGregor has become such a passionate advocate for his post-training regimen that he has partnered with The Anthos Group to launch a next generation sports recovery line. Tenacity, Intensity, Dedication, and Lifestyle are not only adjectives that McGregor is known for, but they serve as the brand pillars and acronym for his latest venture, TIDL Sport. The foundation of TIDL Sport is plant-based therapy combined with proven exercise science mechanisms to deliver immediate relief and long-term recovery for athletes.

The brand’s flagship product, the TIDL Sport Plant-Powered Cryotherapy Topical Spray, delivers powerful relief through cryotherapy and novel plant science, leaving athletes feeling refreshed and ready to take their training to the next level. The revolutionary topical spray has 360° spray technology for easy, full body self-application and promotes long term healing by addressing pain and inflammation directly at the source. «When we target the inflammation, we solve for the root cause of pain and soreness in athletes,» says Dr. Akash Bajaj, Pain Specialist and Medical Director at Anthos Group, «allowing them to fully recover and be ready for their next session. Dedicated athletes can benefit from recovery as a part of their daily routine.»

The plant based ingredients in TIDL Sport range from hemp plant derived extracts to well known anti-inflammatory agents that are all organic in nature.  The enhanced touch-free formula sprays on clean with an immediate cooling relief, which increases blood flow to the site of application and enables the plant based ingredients to self absorb and go to work.

«When people hear recovery, they think it’s just about pain relief or sore muscles, but it’s so much more than that. I look at it as more of a preparation for my next work out as opposed to relief from the last one,» emphasized McGregor. «Using TIDL products just made my body feel revived and after meeting with the team, I knew that we could create products that really work and make recovery easier for the athlete,» McGregor said.

«We could not be more excited about partnering with Conor McGregor as we launch TIDL Sport,» said Badal Shah, Chief Executive Officer at The Anthos Group. «He is a seasoned entrepreneur that embodies world-class athleticism and has already provided tremendous input as we plan for a pipeline of next generation products for the serious athlete and fitness enthusiast.»

McGregor’s training with ‘McGregor Fast’ and nutrition management have been well documented and, according to McGregor, his self-care and recovery is only enhancing that.

«When you feel good, you train harder and you perform better. I know that I am doing the right things now to make myself feel in top shape. I eat right, I spend time taking care of myself in recovery, so there is no excuse to not push harder and harder every single day,» says McGregor.

All eyes will be on McGregor on January 23rd for the UFC 257 main event, with a potential title shot on the line. McGregor’s new and even more chiseled physique will serve as the strongest evidence of just how important and beneficial sports recovery can be.

About TIDL Sport
TIDL Sport infuses plant powered therapy with fitness and nutrition science to meet the needs of athletes to perform at the highest level.  The flagship product is a plant-powered cryotherapy topical spray that has 360° spray technology for easy, full body self-application. TIDL Sport products are available in select national retailers in the U.S., globally in over 25 countries, and on the company website: www.tidlsport.com

Media contacts
Patricia Hoyos Rogers, The Tag Experience – patricia@thetagexperience.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/conor-mcgregor-launches-an-innovative-sports-recovery-line-tidl-sport-301210318.html

SOURCE TIDL Sport

Power Sustainable launches the Power Sustainable Energy Infrastructure Partnership, a $1B investment platform dedicated to the North American renewable energy sector

  • Select group of institutional investors including Desjardins Group as strategic anchor investor
  • Operationally driven strategy with Potentia Renewables and Nautilus Solar Energy
  • One of the key platforms for Power Sustainable’s investment strategy

MONTRÉAL, Jan. 19, 2021 /PRNewswire/ – Today, Power Sustainable Capital Inc. («Power Sustainable»), a global multi-platform alternative asset manager focused on long-term investments in sustainable strategies, announced the launch of the Power…

  • Select group of institutional investors including Desjardins Group as strategic anchor investor
  • Operationally driven strategy with Potentia Renewables and Nautilus Solar Energy
  • One of the key platforms for Power Sustainable’s investment strategy

MONTRÉAL, Jan. 19, 2021 /PRNewswire/ – Today, Power Sustainable Capital Inc. («Power Sustainable»), a global multi-platform alternative asset manager focused on long-term investments in sustainable strategies, announced the launch of the Power Sustainable Energy Infrastructure Partnership («the Partnership»), an investment platform with an initial $1B dedicated to the renewable energy sector, including a significant sponsorship commitment from Power Sustainable.

Power Sustainable is joined by a group of select founding partners led by Desjardins Group, including Great-West Lifeco, National Bank of Canada and Après-demain SA.

Power Sustainable and its partners are creating an investment platform with broad project development expertise and operating capabilities in renewable energy. Through Potentia Renewables and Nautilus Solar Energy, two wholly-owned subsidiaries of Power Sustainable and leading integrated owner-operators of high-quality renewable energy assets, the Partnership will invest in the development, construction, financing and operation of renewable energy assets across North America.

Committed to decarbonization and driven by patient capital

The Partnership will benefit from Power Sustainable’s disciplined yet agile approach as well as its patient capital philosophy. 

«This is a landmark moment for Power Sustainable, and the first of several projects we intend to bring to the sustainable investment marketplace in the coming years. This new and unique partnership approach leverages decades of sound investment practices and is a true alignment of convictions from all parties involved. I look forward to this collaboration with our co-investors on this exciting journey,» says Olivier Desmarais, Chairman and CEO of Power Sustainable. «We share one goal at Power Sustainable: becoming a leading force for sustainable change. This is the kind of impact we seek and this is why we are committing our own funds to this endeavour.»

From climate change to diversity, inclusion and good corporate governance, Power Sustainable believes that today’s investment strategies must embrace those principles which are fundamental to sustainable value creation and to future global economic prosperity. The Partnership’s existing and future investments in large multistage renewable energy projects will adhere to these guiding principles and contribute to the transition to a sustainable, low-carbon global economy.

«Sustainable development is in Desjardins Group’s DNA,» says Guy Cormier, President and CEO of Desjardins Group. «With this major investment in green infrastructure in Canada and the US we show our commitment to the fight against climate change. It is our largest participation in wind and solar farms to date. I am particularly proud of this Desjardins Group’s investment to contribute to a lower-carbon environment. We can go further together.» 

 The Power Sustainable Energy Infrastructure Partnership will be led by co-managing partners Pierre Larochelle and Pierre-Olivier Perras. Before joining Power Sustainable, Mr. Larochelle was President and CEO of Power Energy Corporation (a subsidiary of Power Sustainable) and previously, Vice-President, Investments of Power Corporation. Pierre-Olivier Perras first joined Power Energy in 2019 after over twenty years at BMO Capital Markets, where he held various leadership positions including, in his last role, Head of the Power, Utilities and Infrastructure Investment Banking group.  

«Potentia Renewables and Nautilus Solar Energy are remarkable operating platforms and are becoming significant change agents in the renewable energy landscape in North America. Together with our founding partners’ support, we have all the winning elements to establish a leading operational-driven investment platform that stays ahead of market trends and creates sustainable long-term value for our investors and the communities where we operate,» say Pierre Larochelle and Pierre-Olivier Perras, Co-Managing Partners, Power Sustainable Energy Infrastructure Partnership.

About Power Sustainable

Power Sustainable is a global multi-platform alternative asset manager with a long-term investment approach focused on sustainable strategies. It has offices in Montréal, Toronto, Shanghai, Beijing and New Jersey. Power Sustainable is comprised of three platforms: the Pacific platform invests in the China equity markets, seeking high-quality, sustainable business models with a fundamentals-based, research-driven investment process; the Energy Infrastructure platform invests in the development, construction and operations of renewable energy infrastructure assets in North America; and private equity investments in Lion Electric and Lumenpulse. The company leverages its investment capabilities and those of its partners to build projects of significance that benefit the planet, assure steady growth and create long-term value. Power Sustainable is a wholly owned subsidiary of Power Corporation of Canada. For more information, visit www.powersustainable.com

Investor contact
David Gagnon
Power Sustainable Capital
ir@powersustainable.com
514-497-4984

Media contact
Laurent Therrien
Power Sustainable Capital
pr@powersustainable.com
514-605-4130

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/power-sustainable-launches-the-power-sustainable-energy-infrastructure-partnership-a-1b-investment-platform-dedicated-to-the-north-american-renewable-energy-sector-301210539.html

SOURCE Power Sustainable