Day: January 1, 2022

Eolus to sell its first stand alone battery storage project in the United States to Aypa

Eolus to sell its first stand alone battery storage project in the United States to Aypa

Hässleholm, Sweden, January 1st, 2022 Eolus has entered into an agreement with Aypa Power (a Blackstone portfolio company) to sell the stand-alone battery energy storage project Cald (up to 120 MW) located in Los Angeles, California USA. Eolus and Aypa have on December 31st, 2021, entered into an agreement regarding the sale of Cald, an up to 120 MW, development-stage, battery energy storage system. All membership units in the project company have been transferred from Eolus to Aypa. Additionally, Eolus will continue to provide services for the benefit of the project and Aypa through a Development Services Agreement. Commercial operation is anticipated during 2024. -There is a big need for energy storage in California and we are excited about this deal. Cald BESS is an important milestone for Eolus, as it is the first stand-alone energy...

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Li Auto Inc. December 2021 Delivery Update

Li Auto Inc. December 2021 Delivery Update

BEIJING, China, Jan. 01, 2022 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), an innovator in China’s new energy vehicle market, today announced that the Company delivered 14,087 Li ONEs in December 2021, representing a 130.0% increase year over year. This took its fourth quarter deliveries to 35,221, up 40.2% quarter over quarter and 143.5% year over year. Total deliveries in 2021 increased 177.4% year over year to 90,491. The cumulative deliveries of Li ONE reached 124,088 since the vehicle’s market debut. “We set another record with more than 14,000 deliveries in December. We would like to express our heartfelt gratitude to our family users for their trust and support. In December, we released the OTA 3.0 update to all our Li ONE users, further enhancing their in-car experience. This...

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NIO Inc. Provides December, Fourth Quarter and Full Year 2021 Delivery Update

NIO Inc. Provides December, Fourth Quarter and Full Year 2021 Delivery Update

Company Achieved New Quarterly Record and Delivered a Total of 91,429 Vehicles in 2021 NIO delivered 10,489 vehicles in December 2021, increasing by 49.7% year-over-year NIO delivered 25,034 vehicles in the three months ended December 2021, increasing by 44.3% year-over-year NIO delivered 91,429 vehicles in 2021 in total, increasing by 109.1% year-over-year Cumulative deliveries of the ES8, ES6 and EC6 as of December 31, 2021 reached 167,070 SHANGHAI, China, Jan. 01, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced its December, fourth quarter and full year 2021 delivery results. NIO delivered 10,489 vehicles in December 2021, increasing by 49.7% year-over-year. The deliveries consisted of 2,782 ES8s, the Company’s...

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Strikes started at most UPM mills in Finland – businesses still seeking to start negotiations with the Paperworkers’ Union

Strikes started at most UPM mills in Finland – businesses still seeking to start negotiations with the Paperworkers’ Union

(UPM, Helsinki, 1 January 2022 at 07:30 EET) – Members of the Paperworkers’ Union, the Finnish Electrical Workers´ Union and the Trade Union Pro have this morning started strikes at UPM mills in Jämsänkoski, Kouvola, Lappeenranta, Pietarsaari, Rauma, Tampere and Valkeakoski. According to the unions, the strikes will continue until 6 o’clock on 22 January 2022 unless a new collective labour agreement is reached before that. The Paperworkers’ Union has not excluded any work from the strike, not even tasks critical to the society, such as operating and maintenance of water treatment and power plants. UPM businesses falling under the strikes are UPM Pulp, UPM Biofuels, UPM Communication Papers, UPM Specialty Papers and UPM Raflatac. The strikes do not concern UPM Plywood and UPM Timber, both of which signed business specific collective agreements...

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Immutable Holdings Announces Closing of Second Tranche of Upsized Private Placement for Total Gross Proceeds of Approximately $15.04 Million

Immutable Holdings Announces Closing of Second Tranche of Upsized Private Placement for Total Gross Proceeds of Approximately $15.04 Million

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. VANCOUVER, British Columbia, Dec. 31, 2021 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (NEO:HOLD) (“Immutable Holdings” or the “Company”), a publicly-traded blockchain holding company, is pleased to announce that, further to its press releases of November 23, 2021, November 29, 2021 and December 17, 2021, Immutable Holdings has closed a second tranche (the “Second Tranche”) of its previously announced non-brokered private placement (the “Offering”) of units (the “Units”) at a price of $2.60 per Unit for additional gross proceeds of approximately $5.04 million. Together with the first tranche of the Offering (the “First Tranche”), which closed on December...

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Stan Bharti Acquires Securities in Jourdan Resources Inc.

Stan Bharti Acquires Securities in Jourdan Resources Inc.

TORONTO, Dec. 31, 2021 (GLOBE NEWSWIRE) — On December 31, 2021, Stan Bharti acquired an aggregate of 20,000,000 units (each, a “Unit”) of Jourdan Resources Inc. (the “Company“) (TSX-V: JOR) pursuant to a flow-through private placement financing at $0.05 per Unit for an aggregate cost of $1,000,000. Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles Mr. Bharti to acquire one additional Common Share at an exercise price of $0.08 for a period of 24 months from issuance. Prior to the acquisition of the aforesaid securities, Mr. Bharti did not own any Common Shares. As a result of this transaction, Mr. Bharti now owns 20,000,000 Common Shares and 10,000,000 Warrants, which represents approximately 11.67%...

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