NewsRoom Articles - Page 43 of 62

WednesdaySep 21, 2022 9:45 am

GeoSolar Technologies Inc. Positioned to Benefit from Biden Administration Plans to Expand Geothermal Technology

U.S. Department of Energy recently announced Biden administration plans to reduce geothermal system costs by 90% to $45 per megawatt hour by 2035 GeoSolar’s SmartGreen(R) residential and commercial energy systems leverage solar and geothermal energy to dramatically lower or eliminate utility bills Additional SmartGreen(R) system customizations include tightening building envelope, insulation upgrades, LED lighting replacement, EV charging infrastructure The U.S. Department of Energy (“DOE”) recently announced that the Biden administration plans to reduce geothermal system costs by 90% to $45 per megawatt hour by 2035 (https://nnw.fm/JJHUW). Increased awareness and mainstream adoption of the technology will likely benefit Colorado-based GeoSolar Technologies…

TuesdaySep 20, 2022 10:30 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Expands Canadian RNG Projects, Achieves Key Milestones

Traditional natural gas extraction pollutes air, contaminates water, disturbs landscape Renewable natural gas is derived from organic sources, compatible with existing traditional natural gas pipeline grid EverGen operates projects in British Columbia and Alberta, recently acquired 50 percent stake in Ontario-based Project Radius located in Eastern Canada Company recently signed $31 million senior term loan to help fund RNG facility upgrades and expand projects Traditional pipeline natural gas is extracted by vertical or horizontal drilling, and hydraulic fracturing. Well-drilling activities pollute the air, disturb lands, and contaminate water, while hydraulic fracturing - widely referred to as “fracking” - has similar…

MondaySep 19, 2022 12:45 pm

Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) Works Towards Potential Breakthrough Solution for Electric Vehicle and Clean Energy Industries

Power electronics, especially those found in the traction inverters used in EVs, are key to achieving better range, safety, and lifetime; still, improving inverter efficiency has been relatively slow Hillcrest stepped up to the challenge of developing a high-efficiency inverter — a new class of clean technology designed to help today’s electric power systems overcome their common limitations Hillcrest’s unique inverter architecture can be deployed across different applications, providing opportunities for diversification and de-risking of the company's revenue streams Although the popularity of electric vehicles continues to grow amid the ongoing push for energy transition, their design challenges, such as…

MondaySep 19, 2022 11:15 am

Correlate Infrastructure Partners Inc. (CIPI) to Enhance Sales and Construction Capabilities with Aegis Renewable Energy Inc. Acquisition

Correlate just entered into a non-binding letter of intent to acquire Aegis Renewable Energy Inc. in a move that seeks to enhance sales, development, and construction capabilities for the company The acquisition also looks to strengthen Correlate’s human resources, equipping it with the necessary skills and expertise to take on the American Northeast market It is anticipated to close in Q4 2022 once due diligence is completed, and` upon its successful completion, Aegis will become Correlate’s third subsidiary, adding to its growing footprint in the American market Aegis will lend Correlate its strategic abilities to capitalize on the growing Northeast…

FridaySep 16, 2022 10:30 am

EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Poised to Drive RNG-Led Energy Transition; Reports Q2 2022 Results and Highlights

EverGen reveals Q2 2022 financials and key growth milestones for expansion across Canada Company acquired a 50% interest in Project Radius and a 67% interest in GrowTEC; agreed term sheet for CAD$31 million Senior Term Loan Facility with lenders Roynat and EDC EverGen remains primed for a catalyst-rich second half of 2022; appears on track to boost RNG production to satisfy Canada’s swelling demand as consumers flock to the renewable natural gas space "We have positioned EverGen as a leading RNG platform with a core operating portfolio and pipeline of projects in Canada set to deliver significant RNG volumes and…

ThursdaySep 15, 2022 12:00 pm

GeoSolar Technologies Inc. Offers Potentially Ground-Breaking Solution as the World Goes Through Arguably Most Important Transition Ever

In recent interview, Stone Douglass, CEO and Chairman of GeoSolar Technologies, discusses how his prior work drove him to lead company that seeks to revolutionize how homes are electrified GeoSolar's game-changing technology can provide cheaper, quieter, and more comfortable homes with better air quality As seasoned professional, Douglass appears confident that GeoSolar represents interesting investment opportunity amid major shift from fossil fuel-driven to clean, all-electric future — the transition he calls most important in human history As energy transition gains momentum and a switch from carbon-based to clean electric living takes place, an attractive investment opportunity emerges for any company…

ThursdaySep 15, 2022 10:30 am

Correlate Infrastructure Partners Inc. (CIPI) Teams with CEA Lighting Distributor UYS to Boost Indoor Horticulture Services

Correlate Infrastructure Partners Inc. is a Louisiana-based developer of energy use solutions that is focused on providing data-driven energy analysis and advisement to commercial real estate developers Correlate recently announced that it is partnering with Ultra Yield Solutions (“UYS”) to improve energy use services to indoor horticultural growers The indoor horticultural industry, also known as controlled environment agriculture or CEA, is rising in popularity thanks to consumer efforts to promote locally grown produce year-round Under the partnership, UYS will take care of clients’ professional indoor farming LED design needs while Correlate will handle the solar, storage, and funding solutions Indoor…

TuesdaySep 13, 2022 11:15 am

GeoSolar Technologies Inc.’s SmartGreen(R) Achieves Energy Independence Amid Skyrocketing Energy Prices

US natural gas prices rose nearly 50% in July, EU benchmark power price hit ten times decade-long average Prices expected to remain volatile until at least 2023 GeoSolar’s SmartGreen(R) systems help building owners achieve energy independence with photovoltaic (“PV”) solar systems and geothermal ground loops Additional SmartGreen(R) system customizations include tightening building envelope, insulation upgrades, LED lighting replacement, and EV charging infrastructure SEC recently qualified GeoSolar for Regulation A+ capital raise Energy prices are skyrocketing, especially in Europe where the benchmark power price recently hit 1,000 euros (USD $990) per megawatt-hour - nearly ten times the decade-long average (https://ibn.fm/uXrTc). With…

TuesdaySep 13, 2022 9:45 am

Correlate Infrastructure Partners Inc. (CIPI) Helping Organizations Achieve their ESG Goals with its ESG-Related Energy Solutions

Correlate’s operations have been influenced by the United States’ push to achieve its 2050 carbon goals, along with the evolving ESG criteria which defines the standards by which companies should operate With more companies realizing the significance of having and implementing ESG goals, Correlate is looking at an opportunity to grow its customer numbers 76% of managers already implement ESG within their fixed income, up from 42% in 2021. Also, 74% of companies incorporate ESG in equities, up from 53% in 2021 Correlate’s unique value proposition of affordability and potential profit of its ESG-related energy solutions differentiates the company from…

FridaySep 09, 2022 10:30 am

Correlate Infrastructure Partners Inc. (CIPI) Aiding the Energy Transition; Looking to Grow Project Opportunities Over Time

Fossil fuels still account for about 80% of primary energy and 60% of electricity generation globally The recent Covid-19 pandemic, and Russia’s invasion of Ukraine, have shown the impact of overreliance on energy supplies, serving as a wake-up call for investors and governments to start making a transition from fossil fuels to more sustainable alternatives Correlate is at the forefront of pushing for this transition and is helping enterprises lower their dependence on fossil fuels while boosting their ESG goals It recognizes that there are approximately 6.8 million facilities in the U.S. commercial and industrial market that could benefit from…

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