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SAN DIEGO, May 5, 2021 /PRNewswire/ Sempra Energy (NYSE: SRE) today announced first-quarter 2021 earnings of $874 million, or $2.87 per diluted share, compared to first-quarter 2020 earnings of $760 million, or $2.53 per diluted share. On an adjusted basis, the company s first-quarter 2021 earnings were $900 million, or $2.95 per diluted share, compared to $741 million, or $2.47 per diluted share, in the first quarter of 2020.
Visit Sempra.com to view the full-size infographic. Over the last several years, we have narrowed our market focus, expanded investment in our utilities and worked hard to improve safety and operating results, said Jeffrey W. Martin, chairman and CEO of Sempra Energy. Taken together, these activities also support our financial commitments and, in part, are reflected in the strength of our first quarter results. The company is well positioned to deliver another strong year of financial performance.
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T2M Global Awarded CEC Grant to Develop a 100-KW Class Green Electrolytic H2 Energy Storage Module
LOS ANGELES, March 10, 2021 (GLOBE NEWSWIRE)
T2M Global, a green energy technology development company, recently was awarded a $1.3 million project from the
California Energy Commission (CEC) to develop and validate its Advanced Electrolyzer System (AES
©) technology. When successful, the electrical system efficiency of this advanced hydrogen electrolyzer will double compared to existing products in the market today. The AES
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As the renewable fraction in California’s electricity grid increases, grid resiliency becomes critical and energy storage becomes a must. CEC solicited proposals to fund the development of emerging energy storage technologies to diversify its portfolio.