Fluence Energy announces commercial operation of 908 MWh energy storage complex 08:04 FLNC Fluence Energy announced the commercial operation of a combined 908 MWh battery-based energy storage system complex. Located in Lancaster, California, The AES Corporation projects include the 100 MW / 400 MWh Luna Battery Storage Project and 127 MW / 508 MWh Lancaster Area Battery energy storage system comprising one of the largest energy storage complexes operating in California or around the world. In addition, the LAB energy storage system will employ Fluence Mosaic for intelligent bidding in the state's wholesale market, operated by CAISO.
STOCK OF THE DAY INGEVITY- Ingevity reinstated with an Outperform at BMO Capital 07:04 NGVT These guys have plants all over the place and in Charleston!
Chief of Boeing-backed electric air taxi venture predicts sector ‘shakeout’ Wisk Aero’s Gary Gysin says industry is becoming tougher following rush of investor enthusiasm A model of a Wisk Aero air taxi on show at Farnborough Airshow in July © Justin Tallis/AFP via Getty Images Sylvia Pfeifer in London and Steff Chávez in Chicago 3 hours ago1Print this page The number of companies in the electric air taxi industry will shrink next year as investors tighten their belts amid global economic uncertainty and focus on projects they believe will come to fruition, the chief executive of a Boeing-backed venture has said. “I expect more shakeout next year,” Gary Gysin, chief executive of Wisk Aero, told the Financial Times in an interview. “I would expect two or three more that don’t make it through 2023.” He said that funding for “a lot of these companies was running out . . . the question is: will they be able to get another raise and continue on or not?” “People will double down on those projects they think will really make it,” he added, saying financial backers had become “a lot smarter and wiser as to what it takes to be successful in this market” following a rush of enthusiasm last year, during which a handful of businesses listed through special purpose acquisition companies (Spacs). Gysin said he believed that, ultimately, only four or five companies would be left standing and cited competitors Beta Technologies and Joby Aviation as rivals that he “respected”. He insisted that Wisk’s funding would continue even though one of the company’s major investors, air taxi start-up Kittyhawk, announced last week (opens a new window)it would be shutting down. The company’s goal was to build an air taxi that was smaller and lighter than others in the industry. The sector has attracted billions of dollars in recent years as investors have bought into the dream of fast and affordable transport in the skies, although aviation regulators have yet to certify the vehicles to fly. “I don’t think there has been enough attention paid to the business plans of the people that will actually operate these aircraft,” said Kevin Michaels, managing director of AeroDynamic Advisory. “Most of the attention is on the vehicles themselves and the technologies. But how can people actually make money operating these . . . can you have an Uber in the sky?” Wisk was formed as a joint venture between Boeing and Kittyhawk, with the latter backed by Google co-founder Larry Page. Boeing is the majority shareholder in Wisk, having earlier this year pumped an additional $450mn into the venture. The Kittyhawk market exit had “no impact on us whatsoever” because Page “is still in the game” with multiple investments in the space, said Gysin. Wisk does not have to find another partner but was “open and in conversations” with other companies, he added. The group differs from most rivals in that it focuses on autonomous flight. It is due to reveal its latest-generation vehicle, a four-seater, early next month. Boeing said in a statement that Kittyhawk’s “decision to cease operations did not change Boeing’s commitment to Wisk”, adding that it did not expect the move “to affect Wisk’s operations or other activities in any way”. Kittyhawk did not respond when approached for comment. “We have made the decision to wind down Kittyhawk. We’re still working on the details of what’s next,” its social media posts said. Investors last year poured close to $7bn into the market for all types of future air mobility solutions, mainly through Spacs listed on US stock markets, according to data from McKinsey. While all kinds of vehicles, from cargo planes to surveillance drones, are planned, almost 75 per cent of the money went to companies developing manned electric vertical take-off and landing (eVTOL) craft. Much of that exuberance, however, has since evaporated. The industry has attracted $2.5bn of funding this year, according to McKinsey. Robin Riedel, a partner at McKinsey who leads the consultancy’s future of air mobility group, said there was still a broad range of industry players attracting funding. “Fundamentally, we are still funding start-ups here,” he said.
I have been hot on Ingevity for a long time. I did own it at one time in the Phantasma thread- The reason- i believe in warm cement ! This is a way to get Co2 way down. It is a tech we need to roll out all over the USA. It's been along slog. This stock though I'll check but it's held up fairly well considering. Description Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. The company operates through two segments, Performance Materials and Performance Chemicals. The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products primarily for use in gasoline vapor emission control systems in cars, motorcycles, trucks, and boats. This segment also produces other activated carbon products for use in various applications, including food, water, beverage, and chemical purification. The Performance Chemicals segment comprises of pavement technologies, industrial specialties, and engineered polymers. It manufactures products derived from crude tall oil and lignin extracted from the kraft pulping process, as well as caprolactone monomers and derivatives derived from cyclohexanone and hydrogen peroxide. This segment's products are used in various applications comprising warm mix paving, pavement preservation, pavement reconstruction and recycling, oil well service additives, oil production, and downstream applications; and adhesives, agrochemical dispersants, lubricants, printing inks, industrial intermediates and oilfield, coatings, resins, elastomers, bioplastics, and medical devices. Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina.
Warm Mix Asphalt Warm Mix Asphalt is an asphalt that is produced and applied at a temperature around 20 – 40 °C lower than an equivalent “Hot Mix Asphalt” (HMA). The information on this website focuses on Warm Mix Asphalt (WMA) technologies for producing asphalt at temperatures slightly above 100 °C with properties or performance equivalent to that of conventional HMA. Thanks to the lower production and application temperature (around 20 – 40 °C lower than an equivalent Hot Mix Asphalt) this WMA has several advantages: Asphalt workers benefits: less emissions and improved working conditions Environmental benefits: less energy used and lower emissions Manufacturing and paving benefits: less hardening of the bitumen and full compatibility with the use of RAP Paving operations benefits: WMA can be compacted at a lower temperature than HMA; producing WMA at HMA temperatures will permit an extended time for haulage and compaction. WMA will cool faster to ambient temperatures and therefore, the site can be opened for traffic at an earlier stage. The lower emissions support the goal of the European asphalt industry to reduce bitumen fumes during paving operations.
You know Van as a single person risk I see this Air Taxi thing working and as a travel destination highlight I see it working but would you pile your entire family and bags into one of these flying taxi's... That's a leap of faith I'm not sure I'm willing to make.
Ya know why car washes in most US cities are a tough business? Because of the weather. These air-taxi operations will be the same way. Very weather restricted.
JOBY>>>>$4.15---> $4.70 The early bird gets the VZ (13.2%) worm. ______________________________________ INFY's next Stoney! India is where it's at. INFY ---> $16.90 09/26/2022 Infosys(INFY) said Monday it has opened the Infosys Digital Centre in Calgary, Alberta. The digital services and consulting provider said it aims to create 1,000 jobs in Calgary by 2024 as part of its plan to double its workforce commitment in Canada to 8,000. Price: 16.81, Change: +0.20, Percent Change: +1.20 LOTS OF ACTION ON THE $18 CALLS YESTERDAY STONEY EARNINGS THURSDAY Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Infosys Nia, an artificial intelligence platform; Infosys McCamish - an insurance platform; Wingspan, a customizable learning platform; Stater mortgage servicing platform; Panaya automation suite; and Skava, an e-commerce suite. The company serves clients in the financial services and insurance, life sciences and healthcare, manufacturing, retail, consumer packaged goods and logistics, hi-tech, communications, telecom OEM, media, energy, utilities, resources, services, and other industries. It has collaboration agreements with (STONEY'S) Rolls-Royce, BP plc, Newmont Corporation, RXR Realty, Majesco Limited, and Centre for Accessibility Australia; and a strategic partnership with The Economist Group Limited to enable and enhance sustainability solutions through a business-to-business model. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.
BOILED THE COFFEE! Nothing in the world gets me madder... and it happens FAR TOO OFTEN 2nd STOCK OF THE DAY- URBAN-GRO urban-gro gains on reiterating Q3 outlook Oct. 11, 2022 8:47 AM ETurban-gro, Inc. (UGRO) urban-gro (NASDAQ:UGRO) hasreiterateditspreviously announced3Q22 revenue outlook in the range of ~$10M - $11M vsconsensus of $10.40Mand an Adjusted EBITDA loss of ~$(2.6)M - $(2.4)M. The company also provided an update on the success of its design-build division. The company signs over $50M in design-build contracts in Q3 These contracts are typically recognized over a timeline of 6 to 24 months and are separate from any associated professional services or equipment system orders. “Client interest and engagement in our turnkey design-build capabilities have continued to progress as expected, and these new contracts demonstrate tangible value for urban-gro and our clients. While we are reiterating our third quarter guidance, the momentum we have established entering the fourth quarter gives me great confidence that the investments we are making in the business are positioning urban-gro for sustainable and consistent global growth over the long-term.” said Bradley Nattrass, Chairman and Chief Executive Officer Shares are trading up8%premarket. https://www.youtube.com/channel/UCqZ8Y4n_EPa__cw1sIkmYzA