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Bloom Energy Announces Project Funding Partnership with Industry Leaders HPS Investment Partners and Industrial Development Funding SAN JOSE, Calif.– (NYSE: BE), the world leader in stationary fuel cell power generation, announced today that it has formed a project financing partnership with certain funds managed by (HPS) and (IDF), two leading global providers of infrastructure capital. As part of the agreement, HPS and IDF will acquire 19 MW of Bloom’s Energy Servers, including several advanced on-site microgrid solutions. The approximately $125 million in funding will support the installation of Bloom equipment contracted under PPA structures, which can deliver clean, on-site and highly reliable power to commercial and industrial customers at zero upfront cost. Bloom’s growth has accelerated alongside increasing demand for reliable and rapidly deployable energy solutions needed to support data centers, new manufacturing plants and other industrial facilities. The partnership with HPS and IDF provides Bloom with new sources of debt and equity capital to create special purpose project companies that can sell electricity to customers. For HPS and IDF, the partnership expands opportunities to invest in the energy transition underway around the world, one that demands new technologies that can meet the needs for time-to-power and non-combustion sources of reliable power supply. Bloom Energy’s Chief Commercial Officer, said : “With growing demand for shorter contract lengths and larger-scale projects, this partnership enhances Bloom’s ability to provide financed solutions that address customers’ power supply and reliability needs without impacting their capital budgets.” Managing Director for HPS Investment Partners, said : “We’re pleased to be partnering with IDF and Bloom on this portfolio, and to mark the beginnings of a successful long-term partnership.” CEO of Industrial Development Funding, said : “We view this portfolio as the first step in a larger project funding relationship.” the latest news shaping the hydrogen market at Bloom Energy Announces Project Funding Partnership with Industry Leaders HPS Investment Partners and Industrial Development Funding, Fueling the future: investing in research and innovation for a clean hydrogen value chain – Euractiv Hydrogen is the most abundant element on Earth, and we must scale up production of this zero-carbon fuel to meet... The UK’s hydrogen industry has received a boost following the unveiling of HYKIT, a joint venture between investment company HYCAP, HydraB Group and JCB. The UK’s hydrogen industry has received a boost following the... Commission approves €2,6 billion Estonian State aid scheme to support renewable offshore wind energy to foster the transition to a net-zero economy – Hydrogen included The European Commission has approved a €2.6...
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Tarabot Foundation's CEO Dr. Fatima Al Bakheet and Nuzol Al Ansari Project Recognized at HBC 2024 International Awards 12-05-2024 11:50 PM CET | Industry, Real Estate & Construction Press release from: ABNewswire Image: https://www.abnewswire.com/uploads/3c3ee6b82cb506251befe14ee236dc40.PNG Riyadh, KSA - Tarabot Foundation's CEO Dr. Fatima Al Bakheet and Nuzol Al Ansari Project achieved outstanding recognition at the HBC 2024 International Awards held on November 9 in Riyadh. The ceremony celebrated international excellence and drew distinguished guests, including H.E. Almarri Lieutenant General Mohammed Ahmed, Director General of the General Directorate of Residency and Foreigners Affairs - Dubai; His Excellency Dr. Engineer Saad bin Ahmed Al Muhannadi, President of Qatar's Public Works Authority; His Excellency Dr.Wahdan Al Qadi, CEO of the Saudi Investment Fund for Events; and Dr. Emmanuel Cerroni, Director General of HBC. Image: https://www.abnewswire.com/uploads/0d34ee7a83e98e0787a3f0e6f8089b0b.PNG Achievements of Nuzol Al Ansari Project at HBC 2024: * Project Gold Award: The Nuzol Al Ansari Project was celebrated for providing innovative housing solutions that address social challenges. The project exemplifies sustainability and community empowerment by offering dignified living conditions to underserved populations. * Women Leadership Gold Award: Dr. Fatima Al Bakheet was recognized for her exceptional leadership business and initiatives Management. Her innovative approaches to CSR projects and initiatives have driven organizational excellence and positioned Tarabot as a leader non-profit organization. Image: https://www.abnewswire.com/uploads/5b2662a2e102f89bbe24079c61762639.PNG Event Highlights: The HBC 2024 Awards recognized 60 winners across 28 categories, representing over 5,000 assessment hours and 3,741 applications. With the global launch of the Intelligent Sustainable Excellence (ISE) Model and the introduction of the HBC Quality of Life Award, the event underscored a commitment to advancing standards that enhance societal well-being. Congratulations to Tarabot Foundation for its accomplishments. This award underscores its dedication to social impact and sustainable development. For more information, please visit https://www.hbcworld.org/cases Media Links: https://tarabot.org.sa/ https://x.com/tarabotorg?s=11&t=R2erNI74Vk9LVZkO4wkvzQ https://www.instagram.com/tarabotorg?igsh=Zzk0ZTcyaDAwdXR4 https://snapchat.com/t/nltOE4dk Media Contact Company Name: Harvard Business Council Contact Person: Media Relations Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=tarabot-foundations-ceo-dr-fatima-al-bakheet-and-nuzol-al-ansari-project-recognized-at-hbc-2024-international-awards ] Country: United States Website: https://hbcworld.org/cases This release was published on openPR.350M Chicks a Year Killed in US. This Machine Could End ThatEdom Lowlands Archaeology Project Highlights Faynan's Copper Production, Cultural HeritageTAMPA, Fla. (AP) — Two-time Pro Bowl linebacker Shaquil Barrett is rejoining the Tampa Bay Buccaneers. The Bucs signed the two-time Super Bowl champion on Saturday, while also announcing safety Jordan Whitehead was activated from injured reserve ahead of Sunday’s home game against the Carolina Panthers. Barrett spent five seasons with Tampa Bay from 2019 to 2023. He led the NFL with a franchise-record 19 1-2 sacks in his first year with the Bucs, then helped the team win its second Super Bowl title the following season. In all, Barrett started 70 games with Tampa Bay, amassing 45 sacks, 15 forced fumbles, two fumble recoveries and three interceptions. He was released last winter in a salary cap move, signed a one-year contract with the Miami Dolphins in free agency, then abruptly announced his retirement on social media before the start of training camp in July. Barrett, who also won a Super Bowl during a four-season stint with the Denver Broncos, decided to unretire last month. He signed with the Bucs after clearing waivers earlier in the week. Whitehead has missed the past four games with a pectoral injury. His return comes of the heels of the Bucs placing safety Christian Izien on IR with a pectoral injury. On Saturday, the Bucs also activated rookie wide receiver Kameron Johnson from IR and elevated punter Jack Browning to the active roster from the practice squad. NFL: https://apnews.com/hub/nfl
It came as a surprise that President Joe Biden unconditionally pardoned his son Hunter, a convicted felon, after repeatedly vowing that he would not. For the past few months, each time Biden or his press secretary was asked whether a pardon was in the cards, they both emphatically said no. So much for one of the president's favorite lines, "I give you my word as a Biden." Hunter, who was facing a potential sentence of years in prison for tax evasion and lying on a federal firearms application, is now free to pursue his career as a middling painter of overpriced art. I admit that when I first heard the pardon news, I thought, "Good for you, Joe! Why should you follow the rules when no one on Planet Trump does? Let the people who voted to return a sex-offending, defaming, defrauding felon to the White House get a tiny taste of their own medicine." On second thought, however, it's more complicated than that. How can any of us be outraged at the way Trump and those in his circle seem immune from the consequences of their malign actions if we applaud Biden's pardon of his son for crimes he has either been convicted of or pleaded guilty to? How can we be outraged that Trump's son-in-law Jared Kushner received $2 billion from the murderous Saudis if we think it's perfectly fine for Hunter Biden to be paid millions of dollars for sitting on the board of Burisma, the Ukrainian energy company that was under investigation for corruption while his father was vice president and overseeing White House policy on Ukraine? The real outrage is the general lack of accountability for the illegal, unethical or immoral behavior of children born into wealth and privilege whose only "talents" are their ability to exploit their proximity to powerful people. Nepo babies gonna nepo baby. Hunter Biden was charged with lying on a gun purchase form, having claimed on penalty of perjury that he was not using drugs when, as he recounts in his memoir, he was a raging coke and meth addict. He was also charged with evading more than $1 million in taxes, which he has since paid, along with penalties and interest. Was he unfairly singled out? Maybe, but he still broke the law. As President Biden stated in announcing the pardon, "Without aggravating factors like use in a crime, multiple purchases, or buying a weapon as a straw purchaser, people are almost never brought to trial on felony charges solely for how they filled out a gun form. Those who were late paying their taxes because of serious addictions, but paid them back subsequently with interest and penalties, are typically given non-criminal resolutions." All true, which is why the government originally offered Hunter a deal that would have allowed him to avoid prison. He was to plead guilty to two misdemeanor counts of failing to pay his 2017 and 2018 taxes on time, and to agree to a diversion program that would allow him to avoid prosecution on the charge that he lied when he bought a handgun in 2018. But a federal judge put the plea deal on hold last year, saying she did not want to "rubber stamp" an unorthodox and complex agreement that was reached without her input. Republicans piled on, filing an amicus brief complaining that the deal was too lenient and that the investigation was tainted by political interference from the Biden administration. At that point, with the plea deal in tatters, Attorney General Merrick Garland appointed a special counsel to the case. A month later, in September 2023, then-House Speaker Kevin McCarthy opened his sham impeachment investigation of the president, claiming Biden lied about his knowledge of his son's business affairs. The House's eventual report basically found that Hunter used his daddy's name to enrich himself. Yawn. Last summer, after a salacious trial that, as the New York Times put it, "made painfully public Mr. Biden's crack addiction, reckless behavior and ruinous spending," a federal jury found Hunter guilty of three felony counts related to the gun application. In September, Hunter Biden avoided tormenting his family with another trial by pleading guilty to nine federal tax charges. "There has been an effort to break Hunter -- who has been five and a half years sober, even in the face of unrelenting attacks and selective prosecution," President Biden's statement said. "In trying to break Hunter, they've tried to break me -- and there's no reason to believe it will stop here. Enough is enough." Hunter may have been singled out for prosecution, but Hunter did in fact screw up. And President Biden, who has often said that Americans in the Trump era are engaged in a "battle to save the soul of the nation," has shown that he, too, will warp justice for his own ends. I thought he was better than that. Robin Abcarian Robin Abcarian is an opinion columnist at the Los Angeles Times. The views expressed here are the writer's own. -- Ed. (Tribune Content Agency)
WASHINGTON , Dec. 5, 2024 /PRNewswire/ -- Shield AI, the defense technology company building autonomy for the world, has announced it is expanding its work with Palantir Technologies Inc. (NASDAQ: PLTR ), a leading provider of AI systems, to develop and deliver large-scale command and control of autonomous uncrewed systems, including operations in GPS- and communications-denied environments. With Warp Speed, Palantir's manufacturing OS for American re-industrialization, Shield AI is doubling down on its commitment to delivering scalable, AI-powered solutions to protect service members and civilians. By leveraging Shield AI's advanced Hivemind software development kit, along with Palantir's suite of powerful software solutions—including enterprise resource planning, geospatial intelligence, and operational decision-making tools—the partnership combines the strengths of both companies to address the most critical defense challenges. "Shield AI and Palantir have both built technology products proven in the most demanding environments," said Brandon Tseng , Shield AI's President, Co-founder, and former Navy SEAL. "Our partnership is about bringing together Palantir's software dominance and Shield AI's expertise in autonomy to deliver the best possible outcomes for customers. It's exciting to scale up what we've been working on together in this next chapter of our partnership." This announcement builds on work Shield AI and Palantir showcased at the Association of the U.S. Army's (AUSA) Annual Meeting and Expo in October, where the companies demonstrated the integration of Shield AI's Hivemind with Palantir's Gaia. This integration created a unified command-and-control system for autonomous systems. Hivemind's proven autonomy capabilities—demonstrated on platforms like the V-BAT , F-16, MQM-178 Firejet, and Nova quadcopter—now seamlessly integrate with Gaia's geospatial intelligence tools, enabling real-time mission execution and precision targeting. "The American Industrial Base needs Warp Speed," said Shyam Sankar , Palantir's Chief Technology Officer and Executive Vice President. "Shield AI stands out in their field, having achieved mission impact and product results where others have struggled. This partnership, and Shield AI's deploying of our newly announced manufacturing OS will enable faster and better delivery to customers, and ultimately aid in the defense of the West." About Palantir Technologies Inc. Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com . Forward-Looking Statements This press release contains 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 statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. Media Contact Lisa Gordon, [email protected] About Shield AI Founded in 2015, Shield AI is a venture-backed defense technology company whose mission is to protect service members and civilians with intelligent systems. In pursuit of this mission, Shield AI is building the world's best AI pilot. Its AI pilot, Hivemind, has flown jets (F-16; MQM-178 Firejet), a vertical takeoff and landing drone (MQ-35 V-BAT), and three quadcopters (Nova, Nova 2, iPRD). The company has offices in San Diego , Dallas , Washington DC and abroad. Shield AI's products and people are currently in the field actively supporting operations with the U.S. Department of Defense and U.S. allies. For more information, visit www.shield.ai. Follow Shield AI on LinkedIn, X and Instagram. Media Contact Lily Hinz , [email protected] SOURCE Shield AI
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Funds release to PTI LG reps challenged in PHC PESHAWAR: Local government representatives on Thursday filed a writ petition in the Peshawar High Court against the non-release of development funds to over 75 tehsil councils in Khyber Pakhtunkhwa. The petition, filed by Humayatullah Mayar and others through advocate Babar Khan Yousafzai, has made the Khyber Pakhtunkhwa government as the respondent.The petition pleaded that in the initial phase of local government elections, candidates of opposition political parties of Pakistan Tehreek-e-Insaf (PTI) were declared successful. Upon this, the provincial government made legislation and transferred their funds to the district administration. However, after PTI-backed candidates won in the second phase of local government elections, the Local Government Act was amended again to issue funds at the tehsil level. The petition said that funds were finally released on December 5, 2024 after years but those were allocated to 56 tehsil chairmen affiliated with PTI, while 75 tehsils had been kept deprived. It added that this practice had violated various constitutional provisions and was an injustice to the people of those constituencies, as these funds were intended to complete public-interest projects.LOS ANGELES — At the University of Texas, Jordan Whittington was a special teams ace, playing on punt and punt return as well as kickoff and kickoff return units. In his rookie season with the Rams, the receiver is settling into a more specialized role as one of the team’s primary kick returners. In Sunday’s win over the New Orleans Saints , Whittington provided a spark for the Rams (6-6). He returned three kicks for a total of 100 yards, a season-high for the team. His longest went for 43 yards to the Rams 44, setting the offense up for the go-ahead, eight-play touchdown drive. “Obviously, it’s an 11-man game the way we play it,” special teams coordinator Chase Blackburn said. “To be able to set the blocks up, stay connected, and be able to have the vision to hit that ... he’s full speed, one cut and go and that’s exciting to see. Explosives are fun. We have to try to figure out a way to create even more of those.” Whittington saw an expanded role early in the season as Cooper Kupp and Puka Nacua dealt with injuries. But as they returned, his role in the offense decreased. But special teams are still allowing him a way to contribute as he averages 28.2 yards per return this season. “He’s a violent runner. He has good vision, contact-balance, ball security, a little bit of everything that you’re looking for in a returner, especially in the kick return guy,” Blackburn said. “He’s a little bit bigger size-wise (6-foot-1 and 202 pounds) and physicality. Those are the things that he adds for us.” Rams outside linebacker Jared Verse tweaked his ankle in practice Thursday, head coach Sean McVay said, leading to his limited participation. The rookie, who leads the team with 11 tackles for loss, will be listed as questionable for Sunday’s game against the Buffalo Bills (10-2) but is still expected to play. “Just being smart with him,” McVay said. Left tackle Alaric Jackson (foot) was limited at practice Friday for the second straight day after being held out of practice Wednesday. He will be listed as questionable for the Bills game, McVay said, but is also expected to play. Related Articles The Rams will wait at least another week to activate TE Tyler Higbee (knee) off the physically unable to perform (PUP) list as he continues to recover from surgery to repair a torn ACL last winter. “Maybe this Thursday against the 49ers,” McVay said. “For him to even be out there at this point is a real credit to him. ... We always kinda knew we wanted to give him close to that full allotment of time before he ended up getting him back out there.” Cornerback Emmanuel Forbes, who was claimed off waivers from Washington on Monday, will be left inactive for Sunday’s game against the Bills as he continues to acclimate to his new team, McVay said.