Electronic Company – EUMAG http://eumag.org/ Fri, 07 Jan 2022 09:42:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://eumag.org/wp-content/uploads/2021/06/icon-150x150.png Electronic Company – EUMAG http://eumag.org/ 32 32 Now Samsung will bring Nfts to our living rooms via smart TVs https://eumag.org/now-samsung-will-bring-nfts-to-our-living-rooms-via-smart-tvs/ Fri, 07 Jan 2022 09:02:00 +0000 https://eumag.org/now-samsung-will-bring-nfts-to-our-living-rooms-via-smart-tvs/ Samsung unveiled its vision for the next generation of smart TVs at the ongoing 2022 Consumer Electronics Show in Las Vegas. The company said its new line of smart TVs will support newer services like cloud-based games, video chats, and even NFTs. “With the growing demand for NFT, the need for a solution to today’s […]]]>

Samsung unveiled its vision for the next generation of smart TVs at the ongoing 2022 Consumer Electronics Show in Las Vegas. The company said its new line of smart TVs will support newer services like cloud-based games, video chats, and even NFTs.

“With the growing demand for NFT, the need for a solution to today’s fragmented viewing and shopping landscape has never been greater,” the company told The Verge.

Samsung will unveil the “world’s first on-screen TV NFT market explorer and aggregator” in its MICRO LED, Neo QLED and The Frame TV models which are slated for deployment later this year.

Users will be able to browse, buy and view their NFTs. They will also be able to view the ownership history of NFTs and blockchain metadata. The TVs will come with an auto-calibration feature that will adjust their display settings to match those recommended by the NFT creator. The company has yet to announce who it will partner with to bring the NFT app to the forefront of its smart TVs.

Other features announced by the company regarding smart TVs are the “Watch Together” app, Samsung’s new “Gaming Hub” which supports cloud gaming, the new HDR10 + GAMING standard and a new “Smart Hub”.

The “Watch Together” app will allow family and friends to watch TV shows or movies on their TVs while being able to chat with each other via video calls.

Samsung’s new “Gaming Hub” presents the company’s big bet in a rapidly growing industry. The company announced partnerships with Nvidia GeForce NOW, Google’s Stadia and Utomik, with more to follow in the future to allow TV users to search and buy game titles right on their TVs and be able to play them instantly without the need for any additional hardware apart from game controllers. The “Gaming Hub” will also allow users to easily access YouTube as well as watch other video game streamers.

(Edited by : Thomas abraham)


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Analysis of the market size of Electronic Article Surveillance System in 2021 by major key players https://eumag.org/analysis-of-the-market-size-of-electronic-article-surveillance-system-in-2021-by-major-key-players/ Wed, 05 Jan 2022 14:11:12 +0000 https://eumag.org/analysis-of-the-market-size-of-electronic-article-surveillance-system-in-2021-by-major-key-players/ New Jersey, United States, – The global Electronic Article Surveillance System market report comprises an in-depth analysis that covers core regional trends, market dynamics, and provides the market size at the national level of the market industry. Some major aspects considered during the research included product description, product classification, industry structure, various players in the […]]]>

New Jersey, United States, – The global Electronic Article Surveillance System market report comprises an in-depth analysis that covers core regional trends, market dynamics, and provides the market size at the national level of the market industry. Some major aspects considered during the research included product description, product classification, industry structure, various players in the Electronic Article Surveillance System market, etc. The market report provides the values ​​for the historical period along with the forecast period and% CAGR measured for the individual segments and regional markets.

The report focuses on the global companies operating in the Electronic Article Surveillance System market providing data points such as company profiles, product image and description, capacity, production, value, income and contact information. This research provides key statistics on the state of the industry and is an important source of direction and direction for companies and individuals involved in the market. In addition to CAGR forecast, various other parameters such as year-over-year market growth, qualitative and quantitative information are presented. Key points such as market size, value, volume, product portfolio, market explanation and classification are shown. Besides, current trends, technological advancements in Electronic Article Surveillance System market are explained.

Get | Download a sample copy with table of contents, graphics and list of [email protected] https://www.marketresearchintellect.com/download-sample/?rid=528214

The Major Players Covered By Electronic Article Surveillance System Markets:

  • Checkpoint systems
  • Tyco Retail Solutions
  • Nedap
  • Hangzhou Century
  • Gunnebo footbridge
  • Sentinel technology
  • Ketec
  • All tags

Market segmentation of automated drug delivery systems:

The Automated Drug Delivery Systems market report has categorized the market into segments comprising by product type and application. Each segment is evaluated based on share and growth rate. Meanwhile, analysts looked at potential areas that could prove rewarding for builders in the years to come. The regional analysis includes reliable forecast on value and volume, thereby helping market players to gain in-depth insights into the entire industry.

Electronic Article Surveillance System Market Split By Type:

  • Hard label
  • Soft beacon
  • Detacher
  • Detection system

Electronic Article Surveillance System Market Split By Application:

  • Fashion clothes and accessories
  • Cosmetics & Pharmacy
  • Supermarkets & Large Grocery

Based on geography: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina and Colombia, etc.), Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa).

Get | Discount on purchasing this report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=528214

Scope of Electronic Article Surveillance System Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2019
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2027
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of reports (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of custom shopping options to meet your exact research needs. Explore purchasing options

Key questions answered in the report:

  • What is the growth potential of the electronic article surveillance system markets?
  • Which product segment will take the lion’s share?
  • Which regional market will emerge as a precursor in the years to come?
  • Which application segment will grow at a sustained rate?
  • What are the growth opportunities that could emerge in the lock washer industry in the years to come?
  • What are the main challenges that the global electronic article surveillance system markets may face in the future?
  • Who are the major companies in the global Electronic Article Surveillance System market?
  • What are the main trends that are positively impacting the growth of the market?
  • What are the growth strategies considered by players to maintain their grip on the global Electronic Article Surveillance Systems market?

For more information or a query or a personalization before purchasing, visit @ https://www.marketresearchintellect.com/product/electronic-article-surveillance-system-market-size-and-forecast/

The study thoroughly explores the profiles of the major market players and their main financial aspects. This comprehensive business analyst report is useful for all existing and new entrants when designing their business strategies. This report covers the production, revenue, market share and growth rate of the Electronic Article Surveillance System market for each key company, and covers the breakdown data (production, consumption, revenue and market share) by regions. , type and applications. Historical electronic article surveillance system breakdown data from 2016 to 2020 and forecast to 2021-2029.

About Us: Market Research Intelligence

Market Research Intellect provides syndicated and personalized research reports to clients from various industries and organizations in addition to the goal of providing personalized and in-depth research studies. range of industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients make more data-driven decisions, admit push predictions, grossly capitalize on opportunities, and maximize efficiency by acting as their criminal belt to adopt accurate mention and essential without compromise. clients, we have provided expertly behaving affirmation research facilities to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

Contact us:
Mr. Edwyne Fernandes
United States: +1 (650) -781-48080
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
US Toll Free: +1 (800) -782-1768

Website: –https://www.marketresearchintellect.com/


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Delta Systems appoints Joey Arnold President and CEO https://eumag.org/delta-systems-appoints-joey-arnold-president-and-ceo/ Mon, 03 Jan 2022 15:46:00 +0000 https://eumag.org/delta-systems-appoints-joey-arnold-president-and-ceo/ STREETSBORO, Ohio – (COMMERCIAL THREAD) – As of January 3, 2022, Delta Systems, based in Streetsboro, will have a new President and CEO. Joey Arnold, who most recently served as the company’s president, replaces outgoing CEO Elizabeth Barry. Manufacturer of electronic components for the outdoor power market looks to leverage Arnold’s 25 years of diverse […]]]>

STREETSBORO, Ohio – (COMMERCIAL THREAD) – As of January 3, 2022, Delta Systems, based in Streetsboro, will have a new President and CEO. Joey Arnold, who most recently served as the company’s president, replaces outgoing CEO Elizabeth Barry. Manufacturer of electronic components for the outdoor power market looks to leverage Arnold’s 25 years of diverse leadership experience at Swagelok as well as his two years as President of Delta Systems to set new goals ambitious for its 50 years.

As President and CEO, Arnold will work closely with President and Owner of Delta Systems, Dean C. Barry.

“During Joey’s tenure as president of Delta Systems, the company set sales records, reinvigorated new product development and established exceptional collaborative relationships with new and existing customers,” said Barry. “The fact that he did all of this during a global pandemic proved his ability for natural leadership, his business acumen and his passion for building something great. As we move from a family business to a family business, we are very fortunate to have Joey in the role of President and CEO, which positions us for a very bright future.

A self-described lifelong learner, Arnold graduated from Malone University with a BA in Business Administration and Management and an MBA from the Weatherhead School of Management at Case Western Reserve University.

Outside of work, Arnold enjoys spending time with his wife and two daughters, as well as giving back to the community by serving on nonprofit boards. Currently Arnold is a member of the board of trustees of the Hattie Larlham Center for Children with Disabilities.

About Delta Systems

For 50 years, Delta Systems has designed and manufactured quality switches and electronic components for leading manufacturers of outdoor electrical equipment, off-road markets and powersports. The company develops solutions that improve the safety and performance of equipment operatorsfrom commercial mowers and material handling equipment to light farm tractors and beyond. Delta works closely with OEM partners to create customized electronic component solutions tailored to each application, ensuring a unique and differentiated user experience with the robust quality that defines the Delta brand.

For more information, contact Jamie Woodrum, Marketing and Communications Specialist at Delta Systems, at jwoodrum@deltasystemsinc.com


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Surveillance database tracks technology used by police in NH https://eumag.org/surveillance-database-tracks-technology-used-by-police-in-nh/ Sat, 01 Jan 2022 20:05:06 +0000 https://eumag.org/surveillance-database-tracks-technology-used-by-police-in-nh/ As police gain access to increasingly advanced surveillance tools, researchers are building a nationwide open-source technology database to help level the playing field between companies that sell equipment to departments and the citizens who pay them. The Electronic Frontier Foundation Surveillance Atlas uses public information and an army of student journalists to document tools used […]]]>

As police gain access to increasingly advanced surveillance tools, researchers are building a nationwide open-source technology database to help level the playing field between companies that sell equipment to departments and the citizens who pay them.

The Electronic Frontier Foundation Surveillance Atlas uses public information and an army of student journalists to document tools used by local law enforcement and the dissemination of equipment such as facial recognition technology and drones.

The database contains 16 entries for all of New Hampshire. There are fewer entries in part because state policing is spread across many small towns instead of large metropolitan police departments which tend to generate more public reviews and reports.

New Hampshire departments use three of the most common technologies found in the database: body cameras, drones, and license plate readers. The City of Lebanon maintains a Camera Registry, where private citizens with cameras like the Amazon Ring can register to add their cameras to a larger surveillance system.

The database also includes the New Hampshire Information Analysis Center at Concord, one of 79 fusion centers nationwide. In fusion centers, where a variety of surveillance technologies can be used in one location, local and state law enforcement collects and analyzes intelligence with the US Department of Homeland Security.

An effort in neighboring Maine to shut down its own fusion center failed in the state Senate this summer after being passed in the House. A whistleblower had accused the center of illegally monitoring gun buyers, environmental protesters and workers at an Israeli-Palestinian peacebuilding camp.

Dave Maass, director of investigations at the Electronic Frontier Foundation, said the Atlas of Surveillance is important because there is an imbalance of power between the companies that market this technology to law enforcement and the people affected by how these technologies shape policing, even in subtle or unintentional ways. .

“What we find in the country is that there is often this very comfortable relationship between the surveillance vendors and the police,” Maass said. Salespeople come to law enforcement conferences and try to sell departments their miracle products, arguments that ordinary citizens don’t get a chance to attend.

“Many decisions are made regarding surveillance in closed meetings without input from the community on what is acceptable and what is needed for the community,” he said.

In some extreme cases, the public does not know why they are paying.

Concord Police Surveillance Technology

One form of technology that does not appear in the database is the “DEU Communications” equipment which cost Concord taxpayers $ 5,200 this year.

The business services budget item also appeared in FY2021, where it is described along with the FY2020 budget, when it cost $ 5,100 and was referred to as “secret communications equipment”. Disclosure of the technology was the subject of a Supreme Court ruling on To watch and the American Civil Liberties Union of New Hampshire brought against the town of Concord in 2019.

In a Dec. 7 opinion, the New Hampshire Supreme Court ruled the city can keep the vendor’s name and the nature of its service a secret, even from ACLU-NH attorneys arguing the case.

While the city won’t reveal what the technology is, Maass’s research indicates that it is likely a mobile phone service provided by the Motorola-owned Callyo company, pronounced Call-ee-yo.

Callyo’s investigative products have a range of uses, including allowing law enforcement to mask phone numbers and record communications between victims and suspects. More than 30 US patents associated with the company have names such as “Controlled Recorded Three-Way Call” and “Virtual Numbers for Intelligence Operations”.

“Using the virtual number, the operator can set up a controlled call between a victim and a bad guy,” describes a patent.

In its promotional material, Callyo says its products help law enforcement protect the most vulnerable victims of crime, such as victims of human trafficking and child pornography.

Concord said revealing the name of the vendor or the type of technology could potentially endanger the lives of police officers. Yet other departments openly disclose to the public how they use similar equipment and why.

Maass said that after a few minutes of searching the internet he was able to find almost identical passages between the heavily drafted license agreement the city provided to the To watch and Callyo’s 2016 Privacy Policy and Refund Policy, available on its website.

Callyo’s privacy policy in the 2017 license agreement and its archived online policy include the same 11 sections detailing the company’s dealings with law enforcement and how it uses customer data.

While several companies may use similar terms in their legal statements, there is more unusual language in Callyo’s privacy policy, including a section on using the service overseas in international investigations.

Concord Police Chief Brad Osgood declined to confirm whether the police department used Callyo’s services.

“I’m not going to tell you if that’s the product,” Osgood said.

Many departments that use Callyo don’t keep it a secret.

In fact, hundreds of other law enforcement agencies contract with Callyo, including the Davie, Florida Police Department; Richmond, California; and Seattle, Washington.

Under a 2017 city ordinance, the Seattle Police Department is required to publicly explain how it uses surveillance tools like this one that pose a “high risk to privacy.”

In 2021, the department released a public oversight impact report on Callyo’s products.

“The technology can record all calls made to / from the masked phone, secretly record audio, as well as locate a caller’s phone by GPS,” the department explained. “When the Seattle Police Department uses Callyo to record conversations, the technology is only used with a search warrant.”

When installed on an agent’s phone, Callyo’s mobile service can hide a phone number assigned to an existing phone and show a different local number on calls, according to the report.

When asked why other police departments like Seattle might treat the public disclosure of information about Callyo any differently, Osgood said, “I have no knowledge of what other departments are doing with products from this. type.”

In 2020, the City of Concord spent approximately $ 360 on filing and transcription fees related to the case. In late December, the city said it did not keep any record of staff time used to keep the contract secret and that by law it did not have to create a file to provide this information.

How to Create a Police Technology Database

The Atlas of Surveillance began in 2018 as a collaboration between the Electronic Frontier Foundation and the Reynolds School of Journalism at the University of Nevada, Reno. Designed to allow students and other volunteers to undertake discrete and independent tasks, the database shows how crowdsourcing can be used to collect large amounts of information.

Maass said the database now has more than 8,000 individual data points pulled from various public sources.

“The three methods that go into the Atlas of Surveillance are three journalistic methods,” Maass said. “One is crowdsourcing, working with large groups of people to put information together. Two would be data journalism, acquiring datasets and converting them into maps. And three would be public record requests.

Since the database relies on publicly available information, it offers only an incomplete picture of the technology used by the police nationwide.

“If there isn’t a journalist writing about it, we’re not going to find any information about it. If there isn’t a government website where they post meeting agendas, we won’t find it, ”Maass said.

However, the database is already providing important information for researchers, journalists and citizens concerned with surveillance in their communities.

“It’s the biggest of its kind right now,” he said.


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2021 Fingertip Pulse Oximeters Market Size Analysis by Top Companies https://eumag.org/2021-fingertip-pulse-oximeters-market-size-analysis-by-top-companies/ Fri, 31 Dec 2021 05:48:31 +0000 https://eumag.org/2021-fingertip-pulse-oximeters-market-size-analysis-by-top-companies/ New Jersey, United States, – Market Research Intellect has been analyzing the Fingertip Pulse Oximeter technology and markets since 2018. Since then, through the analysis of company research, we have been very close to the latest market research and development. In addition, Market Research Intellect works closely with many clients to help them better understand […]]]>

New Jersey, United States, – Market Research Intellect has been analyzing the Fingertip Pulse Oximeter technology and markets since 2018. Since then, through the analysis of company research, we have been very close to the latest market research and development.

In addition, Market Research Intellect works closely with many clients to help them better understand technology and the market environment and develop innovation and commercialization strategies.

Market Research Intellect offers vast expertise in analyzing the Fingertip Pulse Oximeters market. We have been in this industry for 20 years and have closely followed the rise and / or fall, success and / or disappointment of many emerging technologies during this time.

This gives us a unique eye of experience when it comes to analyzing emerging technologies in electronic materials. This is very important as it helps to build a realistic market and technology roadmap that reflects the true potential of the technology based on its intrinsic characteristics and the true level of technology and business challenges it faces.

Get | Download a sample copy with table of contents, graphics and list of [email protected] https://www.marketresearchintellect.com/download-sample/?rid=262454

Further, the market revenue by region and country is provided in the Fingertip Pulse Oximeters report. The report’s authors also shed light on common business tactics adopted by players. The major players in the global bFingertip Pulse Oximeters Market and their complete profiles are included in the report. Additionally, investment opportunities, recommendations, and current trends in the global Fingertip Pulse Oximeter market are mapped by the report. With this report, key players in the global Fingertip Pulse Oximeter Market will be able to make right decisions and plan their strategies accordingly to stay ahead of the game.

The competitive landscape is an essential aspect that any key player should be aware of. The report highlights the competitive scenario of the Global Pulse Oximeters Market to know the competition at national and global level. The market experts also provided an overview of each major player in the global Fingertip Pulse Oximeter Market, taking into account key aspects such as business areas, production, and product portfolio. Further, the companies in the report are studied on the basis of key factors such as company size, market share, market growth, revenue, production volume, and profit.

The Major Players Covered In The Fingertip Pulse Oximeters Market:

  • Shanghai Berry Electronic Technology Co.
  • Ltd.
  • Medzone Health
  • Lanaform
  • Promed Group
  • TaiDoc Technology
  • CA-MI
  • IN4 technology
  • Besco Medical
  • O-Two Medical Technologies
  • Tenko medical systems
  • Andean Cup
  • Acare
  • Rudolf riester
  • Spengler SAS
  • Health care at sunset

Fingertip Pulse Oximeters Market Split By Type:

Fingertip Pulse Oximeters Market Split By Application:

The Fingertip Pulse Oximeter market report has been separated into distinct categories such as product type, application, end user, and region. Each segment is rated on the basis of CAGR, share and growth potential. In the regional analysis, the report highlights the potential region, which is anticipated to generate opportunities in the global Fingertip Pulse Oximeters Market in the coming years. This segmental analysis will surely prove to be a useful tool for the readers, stakeholders and market players to get a complete picture of the global Pulse Oximeters Market and its growth potential in the coming years.

Get | Discount on purchasing this report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=262454

Scope of the Fingertip Pulse Oximeters Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2019
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2027
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of reports (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of custom shopping options to meet your exact research needs. Explore purchasing options

The regional Fingertip Pulse Oximeter Market analysis can be depicted as follows:

Each regional area of ​​the Fingertip Pulse Oximeter is carefully studied to understand its current and future growth scenarios. It helps the players to strengthen their position. Use market research to gain a better perspective and understanding of the market and target audience and ensure you stay ahead of the competition.

Based on geography, Global Fingertip Pulse Oximeter Market has segmented as follows:

    • North America includes the United States, Canada and Mexico
    • Europe includes Germany, France, UK, Italy, Spain
    • South America includes Colombia, Argentina, Nigeria and Chile
    • Asia-Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

Key questions answered in the report:

  • What is the growth potential of the Fingertip Pulse Oximeter Markets?
  • Which product segment will take the lion’s share?
  • Which regional market will emerge as a precursor in the years to come?
  • Which application segment will grow at a sustained rate?
  • What are the growth opportunities that could emerge in the lock washer industry in the years to come?
  • What are the major challenges that the global pulse oximeter markets may face in the future?
  • Who are the leading companies in the global Fingertip Pulse Oximeter market?
  • What are the main trends that are positively impacting the growth of the market?
  • What are the growth strategies considered by players to maintain their grip on the global Fingertip Pulse Oximeter market?

For more information or a query or a personalization before purchasing, visit @ https://www.marketresearchintellect.com/product/global-fingertip-pulse-oximeter-market-size-and-forecast/

Visualize Pulse Oximeters Market at Your Fingertips Using Verified Market Intelligence: –

Verified Market Intelligence is our BI platform for telling the story of this market. VMI provides in-depth predictive trends and accurate insights into over 20,000 emerging and niche markets to help you make key revenue impact decisions for a bright future. VMI provides a comprehensive overview and global competitive landscape by regions, countries and segments, as well as as key players in your market. Present your market reports and findings with built-in presentation capabilities, delivering over 70% of time and resources to investors, sales and marketing, R&D and product development. VMI supports data delivery in interactive Excel and PDF formats and provides over 15 key market indicators for your market.

Visualize the Pulse Oximeter Market at your fingertips using VMI @ https: //www.marketresearchintellect.com/mri-intelligence/

The study thoroughly explores the profiles of the major market players and their main financial aspects. This comprehensive business analyst report is useful for all existing and new entrants when designing their business strategies. This report covers the production, revenue, market share and growth rate of the Fingertip Pulse Oximeter market for each key company, and covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. Historical fingertip pulse oximeter distribution data from 2016 to 2020 and forecast to 2021-2029.

About Us: Market Research Intelligence

Market Research Intellect provides syndicated and personalized research reports to clients from various industries and organizations in addition to the goal of providing personalized and in-depth research studies. range of industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients make more data-driven decisions, admit push predictions, grossly capitalize on opportunities, and maximize efficiency by acting as their criminal belt to adopt accurate mention and essential without compromise. clients, we have provided expertly-behaved affirmation research facilities to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

Contact us:
Mr. Edwyne Fernandes
United States: +1 (650) -781-480
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
US Toll Free: +1 (800) -782-1768

Website: –https://www.marketresearchintellect.com/


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Rising natural gas prices in Europe and the United States amid fears of supply shortages https://eumag.org/rising-natural-gas-prices-in-europe-and-the-united-states-amid-fears-of-supply-shortages/ Wed, 29 Dec 2021 13:45:00 +0000 https://eumag.org/rising-natural-gas-prices-in-europe-and-the-united-states-amid-fears-of-supply-shortages/ NEW YORK, December 29, 2021 / PRNewswire / – that of Russia inactive Nord Stream 2 pipelines and cold weather forecast until the end of December caused European natural gas futures rally and sent US natural gas futures up 4% Monday. The 11% rise in European gas prices is expected to keep US exports of […]]]>

NEW YORK, December 29, 2021 / PRNewswire / – that of Russia inactive Nord Stream 2 pipelines and cold weather forecast until the end of December caused European natural gas futures rally and sent US natural gas futures up 4% Monday. The 11% rise in European gas prices is expected to keep US exports of liquefied natural gas (LNG) at record levels. In recent months, global gas prices have reached record highs as utilities around the world have rushed for LNG shipments from the United States and elsewhere to replenish low stocks in Europe and meet the growing demand for Asia, where energy shortages caused blackouts in China. With gas prices around $ 35 by mmBtu in Asia and $ 38 in Europe, against about $ 4 in the United States, buyers around the world are likely to continue to buy all the LNG the United States can produce. Amid this storm of rising natural gas prices, skyrocketing demand and tight supply, natural gas companies such as NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF), Camber energy (NYSE: CEI), Callon Oil Company (NYSE: CPE), Ecopetrol (NYSE: EC), and Baytex Energy Corp. (TSX: BTE) could see massive gains for shareholders as they take advantage of increased cash flow.

NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF) continues to make decisive progress towards the production of its project Maria Conchita in Colombia.. The Company has just announced the completion of the production facilities and the 14 km pipeline connecting Maria Conchita to the national pipeline infrastructure. Once the tests of the installations are completed and a production license granted, the Company will be able to commission the Aruchara-1 well. In September of this year, GN energy Also announcement The National Environmental Licensing Authority has approved the development of 22 wells under the company’s SINU-9 project. SINU-9 is a large 311,353 acre block adjacent to Canacol Energy (TSX: CNE), that of Colombia largest independent producer of natural gas, which produced 183 MMSCFPD in 2021 next door.

In order to accelerate the milestones, NG Energy firm a private placement without intermediary in October for gross proceeds of 8 million Canadian dollars to help accelerate the Company’s fully funded 4-well drilling program at SINU-9. The money raised will allow the Company to build the necessary roads and drilling platforms simultaneously rather than consecutively, saving several weeks per well. This will also allow GN energy install a capillary dewatering system at the Istanbul-1 well at Maria Conchita which should allow the well to be completed and put into production.

NG Energy the focus on natural gas places the company in a strategic position to take advantage of the global energy transition to renewable energies, while harnessing that of Colombia gas market at increased price. For more information on NG International Corp. (TSXV: GASX) (OTCQX: GASXF), Click here.

Natural gas companies prioritize shareholder value

Camber Energy (American NYSE: CEI), a supplier of customized energy solutions to commercial and industrial organizations, has obtained an exclusive intellectual property license for a patented carbon capture system. This acquisition of UP will position the company as a leader in helping other businesses meet their power generation needs while reducing their carbon footprint in accordance with regulatory requirements. Thanks to the intellectual property agreement, Camber energy will have access to ESG Clean Energy LLC’s patent rights and knowledge in stationary power generation and the use of heat to capture carbon dioxide.

Callon Petroleum Company (NYSE: CPE) accelerates its shareholder value with the acquisition of Primexx Energy Partners. The company announced an agreement to acquire the leasehold interests and gas, oil and infrastructure assets of Primexx, a private oil and gas company in the Delaware Bowl. By agreement, Callon Oil will be positioned to deliver long-term shareholder value while strengthening its financial position. This acquisition also supports the company’s development projects in the Delaware basin with Primexx infrastructure providing 300 additional identified core network locations.

Ecopetrol (NYSE: EC) reported a 10.2% increase in its natural gas production in the first half of 2021 and a net profit of 9,400 billion COP, making it the best quarter to date for the Ecopetrol group. The company also strengthened its position in the Asian market with the incorporation of a company in Singapore. On the exploration front, the company completed the drilling of 8 wells in the first half of 2021 with cumulative production of 908,535 for exploration assets.

In an update to its Clearwater Assessment Program, Baytex Energy Corp. (TSX: BTE) announcement that the program exceeded company expectations with high production results. The program increased its production from zero by January 2021 at over 2,300 bbl / d in August. The company also expanded its partnership with the Peavine Metis Settlement, increasing its positions to 80 contiguous sections. The company also plans to drill two more clean water wells later this year and expand 12 to 18 wells in 2022.

Natural gas companies such as NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF) are positioned to deliver more shareholder value as the global energy crisis spreads amid growing demand for winter.

For more information on NG Energy International Corp. (TSXV: GASX) (OTCQX: GASXF), Click here.

DISCLAIMER: Microsmallcap.com (MSC) is the source for the article and content set forth above. References to an issuer other than the profiled issuer are intended only to identify industry participants and do not constitute an endorsement of an issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and information dissemination service provider, which distributes electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned in this document. The comments, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not in any way reflect the views or opinions of FNM. Readers of this article and its content agree that they cannot and will not seek to hold MSC and FNM responsible for the investment decisions of their readers or subscribers. MSC and FNM and their respective affiliates are a provider of financial marketing and information dissemination solutions and are NOT registered brokers / analysts / investment advisers, do not hold any investment license and may not sell, offer sell or offer to buy securities.

The article and content related to the profiled company represent the personal and subjective opinions of the author (MSC) and are subject to change at any time without notice. The information provided in the article and the content has been obtained from sources which the author considers reliable. However, the author (MSC) has not independently verified or investigated all of this information. None of the authors, MSC, FNM or any of their respective affiliates guarantees the accuracy or completeness of this information. This article and its contents are not and should not be construed as investment advice or as a recommendation regarding any particular safety or course of action; Readers are strongly encouraged to speak with their own investment advisor and review all documents filed by the profiled issuer with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with investing in the securities of the profiled issuer, including, but not limited to the total loss of your investment. FNM has not been remunerated by any public company mentioned in this document to distribute this press release but has been remunerated twenty five hundred dollars by MSC, an unaffiliated third party to distribute this release on behalf of NG Energy International Corp.

FNM DOES NOT HOLD ANY SHARES OF ANY COMPANY NAMED IN THIS PRESS RELEASE.

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, and such forward-looking statements are made in accordance with the sphere of security. provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results or strategies and are usually preceded by words such as “may”, “future”, “plan” or “planned”. “,” Will “or” should “,” expected “,” anticipate “,” draft “,” possibly “or” expected “. You are cautioned that these statements are subject to a multitude of risks and uncertainties which could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ. substantially from those projected. in forward-looking statements due to various factors and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other documents filed by that company with the Securities and Exchange Commission. You should take these factors into account when evaluating the forward-looking statements included in this document and not place undue reliance on such statements. The forward-looking statements contained in this press release are made as of the date hereof, and MSC and FNM do not undertake to update such statements.

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A mini recreation with 125 horses and luxury in mind https://eumag.org/a-mini-recreation-with-125-horses-and-luxury-in-mind/ Mon, 27 Dec 2021 17:34:00 +0000 https://eumag.org/a-mini-recreation-with-125-horses-and-luxury-in-mind/ The Mini Remastered, Oselli edition, has 125 horsepower, more than three times the 34 of the original car. David Brown Automotive Text size The original Austin / Morris Mini, which debuted in 1959, remains a desirable classic, with innovations such as a space-saving transverse engine and front-wheel drive. But as a car that you can […]]]>

The Mini Remastered, Oselli edition, has 125 horsepower, more than three times the 34 of the original car.

David Brown Automotive

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BiondVax announces a proposed public offer for outright subscription of US depositary shares https://eumag.org/biondvax-announces-a-proposed-public-offer-for-outright-subscription-of-us-depositary-shares/ Fri, 24 Dec 2021 01:01:00 +0000 https://eumag.org/biondvax-announces-a-proposed-public-offer-for-outright-subscription-of-us-depositary-shares/ JERUSALEM, 23 December 2021 / PRNewswire / – BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV), a biopharmaceutical company focused on the development, manufacture and commercialization of innovative products for the prevention and treatment of infectious diseases and other diseases, today announced its intention to offer its US depository shares (“ADS”) as part of a subscribed public offering. […]]]>

JERUSALEM, 23 December 2021 / PRNewswire / – BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV), a biopharmaceutical company focused on the development, manufacture and commercialization of innovative products for the prevention and treatment of infectious diseases and other diseases, today announced its intention to offer its US depository shares (“ADS”) as part of a subscribed public offering.

As announced yesterday (Dec 22 2021), BiondVax has signed definitive agreements with the Max Planck Society (MPG), the parent organization of the Max Planck Institute for Biophysical Chemistry, and the University Medical Center Göttingen (UMG), both in Germany, to enter into a strategic collaboration for the development and commercialization of innovative nanometric COVID-19 antibodies (NanoAbs). These NanoAbs have shown in vitro neutralization of all COVID-19 variants of concern, including Delta, and based on in silico studies, Omicron, at dose levels significantly lower than existing antibody treatments. These agreements are part of a larger collaboration, which should be signed in January 2022, covering the development and commercialization of NanoAbs for several other disease indications with large market sizes that take advantage of their unique binding affinity, high temperature stability and potential for more efficient routes of administration and more practical.

The Company intends to use the net proceeds of this offering for the advancement of its NanoAbs development program as well as for general corporate objectives, including, but not limited to, the fund. turnover, research and development activities, regulatory matters, capital investment or other related purposes. . It may also use a portion of any net proceeds to license, invest in or acquire any businesses, assets or technologies that it deems complementary to its business purpose, although it has no current commitment or agreement to. this regard. The Offer is subject to market conditions, and there can be no assurance as to whether or when the Offer may be made, or as to the size or actual terms of the Offer.

Aegis Capital Corp. acts as the only accounting manager of the offer.

This offering is made pursuant to a current registration statement on Form F-3 (No. 333-240189) previously filed with the United States Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on Aug 10, 2020. A preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Electronic copies of the preliminary prospectus supplement and accompanying prospectus can be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 810 7th Avenue, 18th floor, New York, New York State 10019, by email to [email protected], or by phone at (212) 813-1010. Before investing in this offering, interested parties should read the entire Prospectus Supplement and accompanying Prospectus and other documents the Company has filed with the SEC which are incorporated by reference in this Prospectus Supplement. and the accompanying prospectus, which provide more information about the Company and this offer.

This press release does not constitute an offer to sell or the solicitation of an offer to buy and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal. prior to registration or qualification under the securities laws of any such state or jurisdiction.

About BiondVax:
BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV) is a biopharmaceutical company focused on the development, manufacture and commercialization of innovative products for the prevention and treatment of infectious and other diseases. Since its inception, the company has completed eight clinical trials, including a Phase 3 trial in seven countries, with 12,400 participants, of its vaccine candidate and has built a state-of-the-art manufacturing facility for biopharmaceuticals. With highly experienced leadership in the pharmaceutical industry, BiondVax aims to develop a pipeline of diversified and commercially viable products and platforms, starting with an innovative pipeline of nanoscale antibodies (NanoAb). For more information, please visit www.biondvax.com.

Forward-looking statements

The Private Securities Litigation Reform Act of 1995 provides a safe haven for forward-looking statements made by or on our behalf. This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding BiondVax’s intention to conduct an offer and sale of securities, the ability to complete the offer and the intended use of the proceeds of the offer. Any statement that is not historical in nature is a forward-looking statement and can be identified by the use of words and phrases such as “expects”, “anticipates”, “believes”, “will”, “in”. will likely result “,” will continue “,” considering “,” potential “,” promising “and similar expressions. These statements are based on the current expectations and beliefs of management and are subject to a number of risks, risks and assumptions. uncertainties and assumptions that could cause actual results to differ materially from those described in forward-looking statements, including the risk factors described under the heading “Risk Factors” set forth in the Company’s reports filed with the SEC from time to time. No forward-looking statement can be guaranteed and actual results may differ materially from those projected. BiondVax assumes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. Readers are cautioned that it is not possible to predict or identify all of the risks, uncertainties and other factors that may affect future results and that the risks described here should not be taken as a complete list.

SOURCE BiondVax Pharmaceuticals Ltd.


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NexGel, Inc.Announces Nasdaq Listing and Price of $ 14.2 Million Initial Public Offering https://eumag.org/nexgel-inc-announces-nasdaq-listing-and-price-of-14-2-million-initial-public-offering/ Wed, 22 Dec 2021 01:05:00 +0000 https://eumag.org/nexgel-inc-announces-nasdaq-listing-and-price-of-14-2-million-initial-public-offering/ LANGHORNE, Pennsylvania., December 21, 2021 / PRNewswire / – NexGel, Inc. (“NexGel” or the “Company”) (Nasdaq: NXGL, NXGLW), A manufacturer of high-water electron beam crosslinked aqueous polymer hydrogels or gels used in wound care, medical diagnostics, transdermal drug delivery and cosmetics, today announced the award of its initial public offering of 2,585,000 ordinary shares and […]]]>

LANGHORNE, Pennsylvania., December 21, 2021 / PRNewswire / – NexGel, Inc. (“NexGel” or the “Company”) (Nasdaq: NXGL, NXGLW), A manufacturer of high-water electron beam crosslinked aqueous polymer hydrogels or gels used in wound care, medical diagnostics, transdermal drug delivery and cosmetics, today announced the award of its initial public offering of 2,585,000 ordinary shares and the accompanying warrants to purchase up to 2,585,000 ordinary shares. Each common share is sold with a warrant to purchase one common share with an exercise price of $ 5.50 per share at a combined offer price of $ 5.50, for a gross product of approximately $ 14.2 million, before deduction of subscription discounts and offering fees. In addition, NexGel has granted the underwriters a 45-day option to purchase up to 387,750 additional common shares and / or warrants to purchase 387,750 common shares to cover the over-allotments at the initial public offering price, less the subscription reduction.

Common shares and warrants are expected to begin trading on the Nasdaq Capital Market on 22 December 2021, under the symbols “NXGL” and “NXGLW”, respectively. The offer is expected to close on December 27, 2021, subject to the satisfaction of the usual closing conditions.

The Company intends to use the net proceeds of the offering for general corporate purposes, including the marketing and development of their gels, consumer products, NEXDrape and other product initiatives, the fund of turnover, operating expenses and capital expenses. A portion of the net proceeds may also be used to finance potential acquisitions or other strategic investments, although NexGel does not currently have any commitments or agreements to complete such acquisitions or make such investments.

Maxim Group LLC is acting as the sole accounting manager in connection with the offer.

A registration statement on Form S-1 (File Nos. 333-260897 and 333-261821) has been filed with the Securities and Exchange Commission (“SEC”), which came into effect on December 21, 2021. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. The offer is being made only by means of a prospectus which forms part of the actual registration statement. Electronic copies of the prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, New York 10022, at (212) 895-3745. Before investing in this offering, interested parties should read the entire registration statement that the Company has filed with the SEC, which provides additional information about the Company and this offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal. before registration or qualification. under the securities laws of any such state or jurisdiction.

About NexGel, Inc.

NEXGEL is a leading supplier of ultra-soft, high water content hydrogels for healthcare and consumer applications. Situated at Langhorne, Pennsylvania., the company has developed and manufactured electron beam crosslinked hydrogels for more than two decades. Alongside its strategic partners, NEXGEL has formulated over 200 different combinations to bring natural ingredients to soft skin patches that can be worn for long periods of time with little to no irritation.

Forward-looking statements

This press release contains forward-looking statements, including with respect to the expected closing of the Company’s initial public offering and the use of the proceeds. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including market and other conditions and that the conditions for closing the initial public offering may not be met. The Company does not undertake to update these forward-looking statements after the date hereof to comply with actual results or changes in expectations, except as required by law.

Investor contacts:
Valter pinto / Nick staab
KCSA strategic communication
212.896.1254 / 212.896.1254
[email protected] / [email protected]

SOURCE NEXGEL


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Revealed: Florida Power Company Pushes Legislation to Slow Rooftop Solar Power | Solar energy https://eumag.org/revealed-florida-power-company-pushes-legislation-to-slow-rooftop-solar-power-solar-energy/ Mon, 20 Dec 2021 15:35:00 +0000 https://eumag.org/revealed-florida-power-company-pushes-legislation-to-slow-rooftop-solar-power-solar-energy/ The largest electricity company in the United States is pushing for policy changes that would hamper solar power on rooftops in Florida, providing legislation for a state lawmaker to introduce, according to documents obtained by the Miami Herald and Floodlight . projector Florida Power & Light (FPL), whose work with black money policy committees helped […]]]>

The largest electricity company in the United States is pushing for policy changes that would hamper solar power on rooftops in Florida, providing legislation for a state lawmaker to introduce, according to documents obtained by the Miami Herald and Floodlight .

projector

Florida Power & Light (FPL), whose work with black money policy committees helped secure Republican control of the state Senate, is pushing to end net metering, a policy that allows homeowners and Florida companies offset the costs of installing solar panels by selling electricity. back to business.

Internal emails obtained from the Florida Senate show that an FPL lobbyist John Holley sent the text of the bill to the staff of Senator Jennifer Bradley on October 18. FPL’s parent company donated $ 10,000 to Bradely’s political committee on October 20. A month later, Bradley filed an invoice almost identical to the one FPL gave him. Another lawmaker introduced the same measure in the House.

Bradley said the donation was unrelated to the bill.

“Any decision I make to introduce legislation is entirely based on whether it is in the best interest of our state and my district,” she said. “This discussion of meter fairness is happening in legislatures across the country and it is time for it to happen in Florida.”

FPL’s parent company NextEra said its political committee had not contributed to Bradley’s campaign “while waiting for a favor.”

FPL spokesman Chris McGrath said the company is not opposed to net metering, but the law should be revised so that rooftop solar users are not subsidized by other customers who continue to buy electricity and pay to maintain the electricity grid. FPL argues that rooftop solar power could cost Florida utilities around $ 700 million between 2019 and 2025, according to documents submitted to state regulators.

“We just think rooftop solar customers should pay the full cost of this investment,” McGrath said.

The solar industry is fiercely opposed to this effort. Katie Chiles Ottenweller, southeast director of Vote Solar, said she was suspicious given the PFL’s influence in the legislature.

“Businesses don’t pass legislation,” she said. “Lawmakers pass laws. Hope it’s a conversation starter, but at the same time it’s really hard to have a conversation when you have a gun over your head. The bill as drafted will wipe out this industry.

Only about 90,000 Florida electricity customers, about 1%, sell excess power back to the grid. But the arrangement led to significant solar expansion on the rooftops. The proposed legislation could seriously curb this growth.

Nationally, power companies are feeling pressured by the rise of distributed renewables. Rooftop solar power, while essential for tackling climate change, poses a threat to the traditional business model of utilities. Power companies like FPL make money from the things they build: mostly large power plants and lines that bring that energy to customers. They don’t make money with solar energy produced from rooftops.

The Florida bill is just one front in a decade-long battle against this policy. FPL backed a failed ballot amendment in 2016 that would have allowed regulators to impose fees and barriers to rooftop solar installation. The FPL also invested millions to tip the elections in favor of Republicans.

According to the report of The executives of Orlando Sentinel, FPL have been linked to a series of “black money” groups with untraceable donors. One group, Grow United, was behind a candidate who had no political background but the same last name as the outgoing Democrat. The candidate hijacked votes and helped Republicans maintain a majority in the state Senate. A Florida state attorney is investigating. In response to questions for this story, FPL denied any wrongdoing related to political campaigns.

“Significant costs”

Bradley, the bill’s sponsor, is a first-term senator but is close to the leadership of the Senate. She is married to former state senator Rob Bradley, an influential politician who headed the budget committee. Bradley said the wording for the bill emerged after a meeting with Holley and other members of the utility industry.

“I looked at the tongue,” she said. “It was based on our discussion and it was one that I could support as a starting point.”

The emails show that Bradley’s staff followed up with FPL after this discussion. On October 8 of this year, Legislative Assistant Katie Heffley emailed Holley under the subject line “Net Metering Bill”.

“Good afternoon, I hope you are doing well,” Heffley wrote. “I just wanted to check and see if you have any tracking information or language regarding the net metering bill that you discussed with Senator Bradley.”

Eight minutes later Holley replied, “Yes. Can I bring it to you later today? “

Heffley suggested he could “email it today or we’ll be on Capitol Hill next week.”

Holley instead chose to file a copy in person. Ten days later, Heffley emailed her again.

“I just want to reach out and see if I can get an electronic copy of the net metering bill so I can write it up,” she said.

Emails obtained as part of a public registration application show that FPL drafted a bill to end net metering so that a Florida state lawmaker could introduce the legislation. Photography: Miami Herald, Floodlight, Energy & Policy Institute

Two days later, on October 20, NextEra Energy donated $ 10,000 to Bradley’s political committee, Women Building the Future, according to campaign records.

The email recordings were provided to the Herald and Floodlight by the Energy & Policy Institute, a watchdog that combats disinformation about renewable energy.

According to the bill, customers whose solar panels supply power to the grid would be compensated less, at wholesale rather than retail rates. Utilities could also charge more rooftop solar customers by adding installation fees, grid access fees, and minimum monthly payments. Customers already using solar power on rooftops before 2023 would be grandfathered and keep the previous compensation rates for 10 years.

Bradley said she was open to discussing alternative models, including a system used in the Carolinas to pay rooftop solar customers to send electricity to the grid when it is most in demand.

In an interview, Lawrence McClure, the Bill’s sponsor in the House, said he was “not done”.

“[It’s] very early in the race for this bill, ”he said. “I think he has a real chance to work things out in a way that most parties aren’t upset.”

McClure noted that the net metering law needs to be discussed as it has not been updated for 13 years.

“I think rooftop solar power is good for the environment and good for Floridians,” he said. “I’m worried it will come at a significant cost here, but I don’t want to destroy the rooftop solar industry in Florida either. “

McClure did not receive any campaign donations from FPL or its parent company during the bill’s discussion period. But his campaign secured a donation of $ 10,000 from a related political committee on Nov. 4. He’s from Voice of Florida Business, which is linked to an industry group, Associated Industries of Florida. The group’s consultants have also worked on black money campaigns in the state Senate, according to Orlando Sentinel.

McClure said the contribution “had absolutely nothing to do with sponsorship of the bill.”

“I don’t think there was ever any contribution that motivated me to sponsor a bill,” he said.

Associated Industries of Florida consultant Sarah Bascom said the group “is not discussing specific political donations.”

“However, if you imply that the contributions paid are linked to specific legislation that has been filed or not filed, the answer is a categorical no,” she said.

“Forced to subsidize”

Florida is one of 47 states that allow households and businesses that generate electricity to sell it back to the grid at a fixed rate. However, utilities are increasingly concerned about how the growth of distributed solar power is affecting their bottom line. In California, regulators plan to increase fees for rooftop solar customers. Even some conservationists say the change is right and necessary due to the rapid pace of rooftop solar development in this state.

In Florida, rooftop solar power developed slowly until 2018, when regulators allowed electricity customers to lease solar systems with little to no upfront costs. The move catapulted the growth of small-scale solar capacity in the state. It increased 57% in 2020, according to the US Energy Information Administration.

FPL says its 24,000 net metering customers cost the company $ 30 million in 2020, or about $ 1,250 per customer. Utilities experts have testified to regulators in Florida that solar power on state rooftops could grow by 39% per year through 2025 if the current net metering system is left in place. Such growth worries public services and legislators.

“Because of the current system, my constituents are forced to subsidize the decisions of neighbors in other counties who are able to install these expensive systems in their homes,” said Jennifer Bradley.

The solar industry frequently retorts that rooftop solar power in most states hasn’t increased enough to dramatically increase costs for other customers.

Florida has the second-largest solar workforce in the United States, according to the Solar Energy Industries Association. It ranks third among states for installed solar capacity, although much of it is large-scale and owned by utilities.

Justin Vandenbroeck, president of the Florida Solar Energy Industries Association, which also owns an Orlando-based solar installation company, said if the bill passes it could “kick Florida back in 2013”.


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