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Nexans Mixed Shareholders’ Meeting of May 15th, 2025
Globenewswire· 2025-05-15 16:00
Core Points - Nexans held its Annual Shareholders' Meeting on May 15, 2025, where all 27 resolutions proposed by the Board of Directors were approved [1][2] - The Board of Directors now consists of thirteen members, with 60% being Independent Directors and 54% being women [2] - Nexans reported standard sales of €7.1 billion in 2024 and is recognized as a leader in cable systems and services across four main business areas [3] - The company has committed to achieving Net-Zero emissions by 2050, aligning with the Science Based Targets initiative [3] - A dividend of €2.60 per share was approved, representing a 13% increase compared to the previous year, with payment scheduled for May 21, 2025 [6]
TechnipFMC Wins Contract for Johan Sverdrup Phase 3 Development
ZACKS· 2025-03-25 10:50
Group 1: Contract Award and Value - TechnipFMC plc has been awarded a significant contract by Equinor for the Johan Sverdrup Phase 3 development, valued between $500 million and $1 billion, highlighting its capability in subsea solutions [1] - This contract represents a key moment in the evolution of one of the largest oil and gas projects in the Norwegian North Sea [1] Group 2: Importance of Johan Sverdrup Field - The Johan Sverdrup field has been a cornerstone of energy production since operations began in 2019 and is one of the most significant oil discoveries in the region [2] - The field is expected to see an increase in production capacity by adding new wells, aligning with sustainable energy goals while providing substantial economic benefits [3] Group 3: TechnipFMC's Role and Execution Model - TechnipFMC has been a trusted partner in the Johan Sverdrup project, having delivered subsea production systems for previous phases, marking a significant milestone in its partnership with Equinor [4] - The iEPCI integrated execution model developed by TechnipFMC streamlines project execution, reducing complexity and improving efficiency, making it the preferred model for large-scale offshore developments [5] Group 4: Scope of the Contract - Under the contract, TechnipFMC will design, manufacture, and install various subsea production systems and equipment, essential for integrating new templates into the existing Johan Sverdrup field center [6] - The integration of new production units will allow Equinor to expand production capacity and optimize field recovery, crucial for meeting rising global energy demands [7] Group 5: Impact on Norwegian Energy Landscape - The Johan Sverdrup Phase 3 development is expected to significantly contribute to Norway's energy strategy and its position as a leading oil and gas producer in Europe [8] - The use of low-emission energy sources will help reduce the carbon footprint of the project, aligning with global sustainability efforts in the oil and gas industry [9] Group 6: Conclusion on TechnipFMC's Leadership - The award of the iEPCI contract further solidifies TechnipFMC's position as a leader in subsea systems and integrated offshore solutions, with a commitment to high-quality project delivery [10] - The completion of this phase will validate TechnipFMC's ability to execute complex, large-scale offshore projects efficiently, promising a bright future for the Johan Sverdrup development [11]
Sono Group N.V. and Merlin Solar Technologies Announce Partnership to Expand Global Solar Solutions
Globenewswire· 2025-03-24 10:00
Core Viewpoint - The partnership between Sono Group and Merlin Solar Technologies aims to enhance global market presence and product offerings by integrating their complementary solar technologies [1][2][3] Group 1: Partnership Details - Sono Group will incorporate Merlin's solar panels into its product portfolio in Europe, while Merlin will include Sono's solar charge controllers in its Mobile Power Solutions across North and South America [1][2] - The collaboration is expected to create significant synergies by combining Sono's integrated solar technology solutions with Merlin's high-efficiency solar panels [2][3] Group 2: Strategic Goals - The partnership is designed to accelerate the adoption of clean and efficient solar technologies, aligning with both companies' missions to promote sustainable energy solutions [3] - By merging their strengths, the companies aim to provide customers with greater choice, efficiency, and reliability in solar solutions [3] Group 3: Company Backgrounds - Sono Group N.V. focuses on integrating solar technology into commercial vehicles to reduce CO2 emissions and promote climate-friendly mobility [4] - Merlin Solar Technologies specializes in next-generation solar panel design and manufacturing, emphasizing durability and high efficiency for various applications [5]
TETRA TECHNOLOGIES, INC. HIRES KURT HALLEAD AS TREASURER AND VICE PRESIDENT OF INVESTOR RELATIONS
Prnewswire· 2025-03-10 21:00
Core Viewpoint - TETRA Technologies, Inc. has appointed Kurt Hallead as Treasurer and Vice President of Investor Relations, bringing extensive experience in the energy sector [1][2]. Company Overview - TETRA Technologies, Inc. is an energy services and solutions company focused on environmentally conscious services and solutions, operating on six continents [3]. - The company's portfolio includes Energy Services, Industrial Chemicals, and Critical Minerals, with a commitment to expanding into the low-carbon energy market [3]. - TETRA provides products and services to the oil and gas industry and calcium chloride for various applications, aiming to meet the demand for sustainable energy in the 21st century [3].
CETY Signs MOU with Qymera Canada and Secures $500K Order for Monobore Geothermal Technology
Globenewswire· 2025-03-10 12:00
Core Insights - Clean Energy Technologies, Inc. (CETY) has signed a Memorandum of Understanding (MOU) with Qymera Canada Inc. to enhance clean energy solutions [1][3] - The partnership includes an initial order of $500,000 for two Clean Cycle units to support Qymera's monobore geothermal technology [2][6] Partnership Details - Qymera's monobore technology allows for shallower drilling, eliminating the need for injection wells, thus reducing operational complexity and costs [5][8] - The technology addresses seismic risks associated with traditional geothermal energy development by focusing on heat flow rather than steam generation [5][6] Strategic Benefits - The collaboration aims to provide reliable baseload power with zero carbon emissions for industries such as mining, manufacturing, and data centers [2][7] - CETY's end-to-end energy solutions are expected to expedite the market launch and deployment of these technologies [6][9] Technological Innovations - Qymera's system utilizes a proprietary resin to optimize heat transfer, significantly reducing the need for deep drilling and minimizing environmental impact [8][10] - The system requires less than 5 acres for a 10-megawatt installation, making it suitable for regions previously deemed unviable for geothermal power [8][10] Future Opportunities - CETY and Qymera will explore joint development opportunities for geothermal and heat-to-power solutions [9][10] - The pilot project in British Columbia aims to showcase the ability to provide reliable, eco-friendly power while generating carbon credits [7][10]
PLD Investor_Presentation
2025-03-03 18:10
Investor Presentation March 2025 Forward-looking statements The statements in this document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which we operate as well as management's beliefs and assumptions. Such statements invo ...
N2OFF Establishes a US Subsidiary for Its Solar PV Operations
Newsfilter· 2025-03-03 13:45
Core Insights - N2OFF, Inc. has established a new wholly-owned subsidiary, NITO Renewable Energy, Inc., to consolidate its solar operations in the U.S. [1] - The company is currently involved in three projects across two European countries, Germany and Italy [2]. Group 1: Project Developments - In Germany, a joint venture is developing a 111 MWp solar photovoltaic project in Melz, which has received municipal approval and an indicative grid connection solution that exceeds initial requirements by approximately 10% [3]. - In Italy, N2OFF and Solterra's subsidiary have finalized an agreement to develop two Battery Energy Storage Systems in Sicily, each with a capacity of 98 MWp/392 MWh, with a development timeline of 18-24 months to reach a Ready-to-Build stage [4]. - N2OFF and Solterra Energy Ltd. are collaborating to co-develop the solar PV market in Albania [5]. Group 2: Company Overview - N2OFF, Inc. focuses on sustainable energy solutions and agri-tech innovations, aiming to reduce greenhouse gas emissions and promote environmentally friendly agricultural practices [5]. - The company has a majority-owned Israeli subsidiary, NTWO OFF Ltd., which addresses nitrous oxide emissions, and a minority stake in Plantify Foods, Inc., a Canadian company offering clean-label food options [5].
N2OFF Establishes a US Subsidiary for Its Solar PV Operations
Globenewswire· 2025-03-03 13:45
Core Viewpoint - N2OFF, Inc. has established a new wholly-owned subsidiary, NITO Renewable Energy, Inc., to consolidate its solar operations and focus on future solar photovoltaic (PV) activities [1] Group 1: Company Developments - N2OFF is currently invested in three projects across two European countries [2] - In Germany, a joint venture is developing a 111 MWp solar PV project in Melz, which has secured municipal approval and an indicative grid connection solution, exceeding initial requirements by approximately 10% [3] - In Italy, N2OFF and Solterra's subsidiary have closed a definitive agreement to develop two Battery Energy Storage Systems (BESS) in Sicily, each with a capacity of 98 MWp/392 MWh, with development expected to take 18-24 months [4] - N2OFF and Solterra Energy Ltd. are collaborating to co-develop the solar PV market in Albania [5] Group 2: Company Background - N2OFF, Inc. is a clean tech company focused on sustainable energy solutions and agri-tech innovation, aiming to reduce greenhouse gas emissions and promote environmentally friendly agricultural practices [6] - The company has entered the solar PV market and is providing funding for a current project with a total capacity of 111 MWp, along with potential future projects [6]