Press release content from Business Wire. The AP news staff was not involved in its creation.
PG&E to Deploy New Risk Modeling and Fire Spread Technology to Further Reduce Wildfire Risk
February 6, 2021 GMT
SAN FRANCISCO (BUSINESS WIRE) Feb 5, 2021
In a proposal filed today with the California Public Utilities Commission (CPUC), Pacific Gas and Electric Company (PG&E or the Utility) detailed its ongoing strategy to reduce wildfire risk, increase situational awareness, and deploy new technology and models to help keep customers and communities safe. Improvements to its 2021 Public Safety Power Shutoff (PSPS) program were also proposed.
PG&E’s 2021 Wildfire Mitigation Plan (WMP) enhances the company’s ongoing, comprehensive Community Wildfire Safety Program designed to address the growing threat of severe weather and wildfires across its service area.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Century Aluminum and Glencore to Supply 150,000 metric tons of Natur‐Al™ to Hammerer Aluminium .
Century Aluminum CompanyFebruary 4, 2021 GMT
CHICAGO, Feb. 04, 2021 (GLOBE NEWSWIRE) Century Aluminum Company (NASDAQ: CENX) has finalized the sale of 150,000 metric tons of Natur‐Al™ aluminum over five years to Austrian firm Hammerer Aluminium Industries (HAI). Natur‐Al™ products are made with energy from 100% renewable sources at Century’s Norðurál Grundartangi aluminum plant in Iceland. While the product line has been in development over several years it was officially inaugurated in 2020. The aluminum will be supplied to Hammerer by Glencore.
Press release content from Business Wire. The AP news staff was not involved in its creation.
NOV Reports Fourth Quarter and Full Year 2020 Results
February 4, 2021 GMT
HOUSTON (BUSINESS WIRE) Feb 4, 2021
NOV Inc. (NYSE: NOV) today reported fourth quarter 2020 revenues of $1.33 billion, a decrease of four percent compared to the third quarter of 2020 and a decrease of 42 percent compared to the fourth quarter of 2019. Net loss for the fourth quarter of 2020 was $347 million, or -26.1 percent of sales, which included non-cash, pre-tax charges (“Other Items”, see Other Corporate Items for additional detail) of $236 million. Adjusted EBITDA (operating profit excluding depreciation, amortization, and Other Items) decreased $54 million sequentially to $17 million, or 1.3 percent of sales.
Press release content from Business Wire. The AP news staff was not involved in its creation.
NexWafe GmbH Lands €10 Million Funding Round, Aims to Cut Solar Production Costs by 30%, Reduce CO2 Emissions by 70%
February 4, 2021 GMT
FREIBURG, Germany (BUSINESS WIRE) Feb 4, 2021
NexWafe GmbH, today announced completion of a €10 million capital raise with participation from both existing and new shareholders. Pioneers of in-line epitaxy for production of high-efficiency monocrystalline silicon wafers, NexWafe’s EpiWafers provide solar panel manufacturers with dramatically higher efficiency and uncompromised yield at 70 percent of the cost of traditional monocrystalline Cz-Si, all without having to retool their production lines. NexWafe’s technology also allows for production of ultra-thin wafers, already demonstrated in the company’s pilot line in Freiburg, providing a roadmap to next-generation ultra-thin and tandem architectures.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
MakeMyTrip Limited Announces Pricing of Upsized $200 Million 0.00% Convertible Senior Notes due 2028
MakeMyTrip.com, Inc.February 5, 2021 GMT
New York, Feb. 05, 2021 (GLOBE NEWSWIRE) Gurugram, India, February 5, 2021 / New York, February 5, 2021 MakeMyTrip Limited (Nasdaq: MMYT) (“MMYT” or the “Company”) today announced the pricing of $200 million in aggregate principal amount of 0.00% convertible senior notes due 2028 (the “Notes” and the “Notes Offering”, respectively). The Notes Offering was upsized from the previously announced offering of $175 million in aggregate principal amount of the Notes. In connection with the Notes Offering, the Company has granted to the initial purchasers of the Notes a 30-day option to purchase up to an additional $30 million in aggregate principal amount of the Notes. The sale of the Notes to the initial purchasers is expected to settle