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Month: July 2021

Scatec starts commercial operation of its 148 MW solar plant in Ukraine

Oslo, 1 July 2021: Scatec has grid connected and will from 2 July start commercial operations of its largest solar power plant in Ukraine, the 148 MW Progressovka plant in the Mykolayiv region. “We are pleased to complete our fourth project in Ukraine, supporting the country’s transition towards green energy,” says Raymond Carlsen, CEO of Scatec.The Progressovka project is realised under Ukraine’s Feed-in-Tariff scheme and is expected to deliver about 184 GWh per year. The solar plant has a design life of more than 30 years and will on an annual basis provide clean energy to more than 76,000 households, as well as lead to the abatement of more than 70,000 tonnes of GHG emissions. For further information, please contact:Ingrid Aarsnes, VP Communication & IR, tel: +47 950 38 364 email: Ingrid.aarsnes@scatec.com  About ScatecScatec...

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CNH Industrial announces senior appointments

London, July 1, 2021 CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it has appointed Scott Moran as Chief CNH Industrial Business System Officer and Kelly Tolbert as Chief Diversity & Inclusion, Sustainability and Transformation Officer. In these positions, Mr. Moran and Ms. Tolbert will join the Company’s Senior Leadership Team (SLT), an operational decision-making body of CNH Industrial. These executive appointments form part of CNH Industrial’s revitalized emphasis on customer centricity and further reinforce the Company’s commitment to Diversity & Inclusion and Sustainability. “I am delighted to welcome Kelly and Scott, whose extensive professional experience will be invaluable as we constantly improve our organization and strive for excellence,” said Scott Wine, Chief Executive Officer, CNH Industrial....

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ALYI Highlights EV Grid Evaluation Included In EV Rideshare and Self-Drive Rental Pilot In Africa

$ALYI – REVOLT TOKENREVOLT TOKENDallas, Texas, July 01, 2021 (GLOBE NEWSWIRE) — Alternet Systems, Inc. (OTC Pink: ALYI) today highlighted a recent Barron’s article emphasizing the stress on the electrical grid associated with the rise of electric vehicles. EVs Need Grid Power. Utilities Better Get Ready. ALYI is currently launching an EV Rideshare and Self-Drive Rental pilot program in Africa.  ALYI is highlighting the Barron’s article to emphasize the importance of the pilot which will include an evaluation of existing charging infrastructure capacity. ALYI has an order to deliver 2000 electric motorcycles in Kenya to be deployed into the motorcycle taxi (boda) market. The first delivery schedule for July is intended to support a first phase, pilot rollout of the rideshare service.  The motorcycle ride...

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Update on full-year outlook for 2021

Company announcement no. 17 – 211 July 2021 Update on full-year outlook for 2021 Following continued strong demand and financial performance somewhat above expectations for both divisions in the second quarter of 2021, NTG Nordic Transport Group A/S’ (“NTG”) raises its full-year expectations for 2021:Revenue of approximately DKK 6,300 – 6,700 million (previously DKK 5,900 – 6,300 million). Adj. EBIT of approximately DKK 450 – 490 million (previously DKK 360 – 400 million).The air and ocean markets are particularly strong at the moment. Besides, parts of our market are influenced by capacity constraints and ensuing price pressure from vendors. NTG has generally been able to provide needed capacity for our customers and grow our business while still protecting our margins. The updated full-year outlook for...

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DT Midstream Spin-Off from DTE Energy is Complete

Positions DT Midstream as an Independent, Publicly Traded Company Trading on the NYSE Under Ticker Symbol “DTM”DETROIT, July 01, 2021 (GLOBE NEWSWIRE) — DT Midstream, Inc. [www.dtmidstream.com] (NYSE: DTM), a premier natural gas pipeline, storage and gathering provider, today debuted as an independent, publicly traded company after successfully completing its separation from DTE Energy (NYSE: DTE) (“DTE”). Shares of DT Midstream will begin trading on the New York Stock Exchange (“NYSE”) today under the symbol “DTM.” DT Midstream is an owner, operator and developer of natural gas interstate and intrastate pipelines; storage and gathering systems; and compression, treatment and surface facilities. The Company transports clean natural gas for electric and gas utilities, power plants, marketers, large industrial customers,...

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DTE Energy Completes Spin-Off of DT Midstream

Enhances DTE’s Strategic Focus as Premier, Predominantly Pure-Play Regulated Michigan-Based Utility Detroit, July 01, 2021 (GLOBE NEWSWIRE) — DETROIT, July 1, 2021 – DTE Energy Company (“DTE Energy”) (NYSE: DTE) announced today that it has completed the previously announced spin-off of its non-utility natural gas pipeline, storage and gathering business, DT Midstream, Inc. (“DT Midstream”) (NYSE: DTM). The transaction transforms DTE into a best-in-class, predominantly pure-play electric and natural gas utility with superior earnings growth, a strong capital investment plan and a proven record of cost management. “The separation of DT Midstream builds on our long track record of delivering value to our shareholders,” said Jerry Norcia, DTE Energy president and CEO. “With the completion of this transaction, approximately 90% of DTE...

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SmartAxiom Announces NFT Solution to Secure the Identity and Ownership of Digital Assets

Non-Fungible Tokens (NFT) are the Latest Hot Blockchain Application and Address a Market Already Worth Over $2 Billion That Grew 2100% Last Year Irvine, California, July 01, 2021 (GLOBE NEWSWIRE) — SmartAxiom Inc, a subsidiary of Life on Earth Inc. (OTC Pink: LFER), today announced its Non Fungible Token (NFT) solution to secure the identity and ownership of digital assets such as Digital Art, Graphics, IoT devices, Music and more. SmartAxiom has developed and deployed an innovative, light blockchain to manage and secure IoT devices such as smart lights and shipment trackers. Establishing strong identity (i.e. ensuring that communication is occurring with the correct device) is the foundation of security and, when paired with an immutable blockchain cloud backend, the SmartAxiom technology makes for a robust and ready NFT solution....

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Cosmos Holdings Appoints Finance Veteran Alexi Papaconstantinou to its Advisory Board

CHICAGO, July 01, 2021 (GLOBE NEWSWIRE) — Cosmos Holdings, Inc. (“the Company”) (OTCQX: COSM), an international pharmaceutical company with a proprietary line of branded and generic pharmaceuticals, nutraceuticals, OTC medications and an extensive, established European Union distribution network, today announced that it has appointed finance veteran Alexi Papaconstantinou to the Company’s Advisory Board. Mr. Papaconstantinou is a capital markets veteran and brings over 20 years of experience in investment banking, equity financing, portfolio management and mergers and acquisitions with a particular focus on high-growth public and private companies. Mr. Papaconstantinou is currently the Co-founder and Managing Partner of Lacerta Partners, a family office backed multi-strategy fund. Prior to Co-founding Lacerta Partners,...

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Small Satellite Market Worth USD 10.75 Billion at Stellar 12.55% CAGR by 2028; Owing to Increasing Deployment for Military Purposes in North America, Says Fortune Business Insights™

Top companies covered in the global small satellite market report are Sierra Nevada Corporation (The U.S.), ST Engineering (Singapore), Airbus S.A.S (The Netherlands), Northrop Grumman Corporation (The U.S.), Space Exploration Technologies Corp., The Boeing Company (The U.S.), Thales Group (France), Lockheed Martin Corporation (The U.S.), L3Harris Technologies Inc. (The U.S.) and more players profiled. Pune, India, July 01, 2021 (GLOBE NEWSWIRE) — The global small satellite market size is expected to experience significant growth by reaching USD 10.75 billion by 2028 while exhibiting a CAGR of 12.55% in 2021 and 2028. Fortune Business Insights, in its report titled “Small Satellite Market, 2021-2028.”, observes that the market stood at USD 4.08 billion in 2020. Factors such as the increasing adoption of modern technologies such...

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Royal Unibrew in exclusive negotiations to acquire MC ENERGY in France

COMPANY ANNOUNCEMENT NO 36/2021 – 1 JULY 2021 Royal Unibrew A/S has today reached an agreement on exclusive negotiations to acquire the French beverage company, MC ENERGY S.A.S, which owns the energy drink brand, Crazy Tiger that holds a 10% volume market share in the French Off-Trade market. The exclusive negotiations concern the possible acquisition of 100% of the shares of the French company. The contemplated acquisition of MC ENERGY would give Royal Unibrew exposure to one of the fastest growing beverage categories in the French market. In 2020, MC ENERGY had a revenue of around DKK 100m and growing at least at the same speed as the energy drinks market in general in France. If negotiations are successful, the realisation of a potential transaction will not be subject to any specific regulatory demands or approval from the competition...

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