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Grid4C's Grid Edge AI Successfully Joins Itron's Ecosystem of Distributed Intelligence Applications – Consumer Electronics Net

Grid4C's Grid Edge AI Successfully Joins Itron's Ecosystem of Distributed Intelligence Applications – Consumer Electronics Net
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Innovative Mobile Technology Increases Renewable Energy Penetration in Southeastern Europe

Innovative Mobile Technology Increases Renewable Energy Penetration in Southeastern Europe
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Oman to launch Green Hydrogen Alliance

Oman to launch Green Hydrogen Alliance
Promising potential: Goal to give new momentum to the creation of a new economy around green hydrogen
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Adding new momentum to its ambitions to jumpstart the growth of a Green Hydrogen economy in the country, Oman is preparing to create an ‘alliance’ of local and international investors and related stakeholders to help accelerate development of zero-carbon energy projects in the Sultanate.
A framework for the proposed ‘Oman Green Hydrogen Alliance’ is currently being discussed by key players at the forefront of efforts to position the Sultanate as a hub for the large-scale production of green hydrogen, according to a top official of the Ministry of Energy and Minerals. ....

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Summit Midstream Partners, LP Reports First Quarter 2021 Financial and Operating Results

Summit Midstream Partners, LP Reports First Quarter 2021 Financial and Operating Results
- First quarter 2021 net income of $9.0 million, adjusted EBITDA of $60.4 million and Distributable Cash Flow ( DCF ) of $46.2 million
- First quarter 2021 operating expenses reflect a reduction of $4.3 million relative to 4Q 2020, driven by proactive expense management initiatives implemented across the organization in late 2020
- Connected new four well Utica Shale pad site in March 2021, ahead of schedule; wells flowing approximately 20% above original expectations
- Reduced revolving credit facility balance in 1Q 2021 by $55 million, or nearly 40% of SMLP s full year 2021 debt reduction guidance target
- Closed $175 million of non-recourse senior secured credit facilities, which will be used to fund the vast majority of Summit s remaining investment in Double E ....

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